Bannon's War Room - October 30, 2025


Episode 4889： The Fight Over Pacific Power


Episode Stats


Length

53 minutes

Words per minute

177.7522

Word count

9,521

Sentence count

747

Harmful content

Misogyny

6

sentences flagged

Hate speech

11

sentences flagged


Summary

Summaries generated with gmurro/bart-large-finetuned-filtered-spotify-podcast-summ .

Steve Kamb is joined by Josh Hawley and Dave Bratwright to discuss the latest in the Trump/Russia scandal and why the FBI should be held accountable for their conduct in the matter. Also, the War Room is back with a new cold open featuring Josh and Dave!

Transcript

Transcript generated with Whisper (turbo).
Misogyny classifications generated with MilaNLProc/bert-base-uncased-ear-misogyny .
Hate speech classifications generated with facebook/roberta-hate-speech-dynabench-r4-target .
00:00:00.000 This is the primal scream of a dying regime.
00:00:07.000 Pray for our enemies.
00:00:09.000 Because we're going medieval on these people.
00:00:12.000 I got a free shot at all these networks lying about the people.
00:00:16.000 The people have had a belly full of it.
00:00:18.000 I know you don't like hearing that.
00:00:20.000 I know you try to do everything in the world to stop that,
00:00:22.000 but you're not going to stop it.
00:00:23.000 It's going to happen.
00:00:24.000 And where do people like that go to share the big lie?
00:00:27.000 MAGA Media.
00:00:28.000 MAGA Media.
00:00:29.000 I wish in my soul, I wish that any of these people had a conscience.
00:00:33.000 Ask yourself, what is my task and what is my purpose?
00:00:37.000 If that answer is to save my country, this country will be saved.
00:00:44.000 War Room.
00:00:45.000 Here's your host, Stephen K. Bannon.
00:00:52.000 It's Thursday, 30 October, Year of the Lord 2025.
00:00:54.000 We've got a cold open.
00:00:55.000 I've got Dave Bratwright in shotgun.
00:00:57.000 We're going to have Josh Hawley here, Cleo Pascal.
00:01:00.000 We're packed this morning.
00:01:01.000 As usual, I want to start off, though, I've got a few minutes with John Solomon.
00:01:06.000 John, Arctic Frost, the dump that came out the other day, Grassley, the Senate is now fully engaged.
00:01:12.000 And Jim Jordan over the House is going absolutely ballistic on this.
00:01:17.000 I think this is the biggest scandal I've ever seen in American political history.
00:01:21.000 Your thoughts, sir?
00:01:22.000 I think we're getting there.
00:01:24.000 I think this could be one of the greatest civil liberty violations in American history under the color of government authority.
00:01:29.000 You've got a predicate that's open that, according to the FBI agents I showed to the experts, the prosecutors, it doesn't meet the standard.
00:01:37.000 It's basically there's no evidence.
00:01:39.000 The evidence is, oh, Steve, you were on CNN.
00:01:41.000 That was the evidence for literally opening the investigation.
00:01:44.000 They're trying to criminalize in this memo when they open it up in April of 2022, 15 months after January 6th, in just four days after Donald Trump is announced, he's going to run for reelection.
00:01:56.000 And I think that's really important.
00:01:58.000 This investigation, if you thought what happened on January 6th with the electors was bad, you could have done it on the 7th or the 8th or 9th of 2021.
00:02:05.000 They wait a whole year until Donald Trump raises his hand and says, I'm getting back in the arena.
00:02:09.000 I'm running for 2024.
00:02:11.000 And they open up an electronic communication that every expert I talk to says is thin, doesn't meet the rules.
00:02:19.000 Then they try to say the crime is by some people offering alternate electors to the Senate.
00:02:25.000 That is a criminal conspiracy.
00:02:26.000 Now, if you're going to do that, the FBI has an obligation to go back and look at how alternate electors were done in the past.
00:02:33.000 They don't do that.
00:02:34.000 They ignore the fact that in 1876 and in 1960, alternate electors were submitted to the Senate twice.
00:02:41.000 Nobody got prosecuted.
00:02:42.000 Nobody thought it was a crime back then.
00:02:44.000 Oh, by the way, in both of those cases, it was Democrat candidates who were doing it.
00:02:48.000 So they ignore the precedent and they just simply open up and then they just go fishing.
00:02:53.000 I call this a MAGA dragnet.
00:02:55.000 They have 400 plus Republicans in their groups are targeted.
00:03:00.000 Eight senators, one House members.
00:03:02.000 They're getting millions and millions of lines of phone data, geolocation data.
00:03:07.000 They're looking at anything and everything they can trying to find a crime that they can hang on someone that is close to Donald Trump.
00:03:14.000 That's not what law enforcement's done.
00:03:16.000 That's not what the Fourth Amendment says we should be doing with our law enforcement.
00:03:19.000 I think when you saw the Jim Jordan interview I did last night, he is furious.
00:03:23.000 He said, listen, if Jack Smith doesn't come voluntarily, he's getting subpoenaed.
00:03:27.000 And by the way, I'm not settling for another renewal of FISA.
00:03:30.000 We are changing FISA.
00:03:31.000 We're changing the spy rules.
00:03:33.000 You can see people are worked up.
00:03:34.000 This may be a moment where we get some real civil liberties reforms and some civil and some real accountability.
00:03:40.000 Here's the news I want to give you.
00:03:42.000 I just got off of the phone with some senior law enforcement officials.
00:03:46.000 The FBI is internally now investigating some of its own personnel for their conduct in Arctic Frost, meaning they're looking at the possibility their own agents engaged in criminality by opening up this investigation or conducting or doing things in the investigation.
00:04:01.000 The entire unit that ran this has been dismantled.
00:04:05.000 Most every agent that played a role in this has been fired.
00:04:09.000 This is unlike the FBI in the past, which would just sweep things under the rug and say nothing to look here.
00:04:14.000 There is accountability internally going on.
00:04:17.000 And if the FBI refers people for prosecution, Pam Bondi will be able to do to maybe people who committed crimes here, which he's now done for James Comey and John Bolton and Letitia James.
00:04:30.000 And I suspect with the referral that happened earlier this week, John Brennan could be someone who's facing an indictment soon as well.
00:04:37.000 So you're getting an accountability lens, which never happened in the first Trump administration.
00:04:42.000 People got away with all sorts of crimes in the first Trump administration.
00:04:45.000 No one really got anything more than a slap on the wrist.
00:04:48.000 This time you're starting to see real accountability, firings, criminal investigations, prosecution.
00:04:54.000 So this looks a little different than the frustrated storyline you and I have covered for the last 10 years.
00:04:59.000 John, is there a realization now?
00:05:04.000 Because this began, I believe, with a whistleblower coming forward with the situation about the senators.
00:05:11.000 Is Cash and Bondi and Todd Blanch and others, have they come to the realization that this is systemic?
00:05:21.000 This is just not bad apples and that there's a deep, festering problem of cultural.
00:05:26.000 This is the way the cultural and institution.
00:05:29.000 These institutions have been warped.
00:05:31.000 So it's beyond now.
00:05:33.000 Even just we have to have accountability individuals.
00:05:35.000 That has to happen.
00:05:36.000 Or this is a joke.
00:05:37.000 This is a joke.
00:05:38.000 But now this is this is systemic and you've got to go in and break that culture and start taking it apart piece by piece.
00:05:46.000 Yeah, absolutely.
00:05:48.000 In the interview I did with Cash Patel 10 days ago, he said, listen, we are stamping out the notion that the FBI settles political scores or that they go after their political enemies.
00:05:57.000 You only see the crime and the evidence.
00:05:59.000 You don't look at the person or the political affiliation.
00:06:01.000 And we are reorienting a large organization.
00:06:04.000 Now, I want to give you a little timetable on this.
00:06:06.000 I know Grassi mentioned the whistleblowers.
00:06:08.000 It makes it look like Chuck Grassi broke this whole story.
00:06:10.000 Cash Patel first found these documents back in March.
00:06:13.000 They're part of the grand conspiracy case.
00:06:15.000 Remember, you and I have been talking about that.
00:06:17.000 The documents that just made were made public because they go through a review process and that process is always really slow with the Justice Department.
00:06:23.000 They were in the Justice Department's hands in spring and summer.
00:06:27.000 So the Justice Department has been looking at this for some time.
00:06:30.000 We just didn't know about it until it became public.
00:06:33.000 There is a real turning in for it.
00:06:35.000 And I think the big thing that's going to happen, Steve, I think the U.S. Attorney in Miami is going to be made the key prosecutor.
00:06:41.000 And this whole case is going to move down.
00:06:43.000 And Jack Smith's final actions in Florida are going to move the case to Florida.
00:06:47.000 And then we're going to go all the way back to maybe as early as 2014 in the IRS.
00:06:51.000 And look at this as one large grand conspiracy case to misuse the power of the FBI and the Justice Department to go after MAGA nation.
00:06:59.000 This is a MAGA dragnet.
00:07:00.000 That's what you see here.
00:07:01.000 And, you know, one FBI official I talked to today said what they did, they took a boat into the ocean and they were towing to find any license plate they could tag on Donald Trump's car.
00:07:10.000 They were simply looking for anything.
00:07:12.000 You don't do criminal investigations that way.
00:07:15.000 You have to have a reason to look at Americans. 0.67
00:07:17.000 That didn't happen here, according to the people who've reviewed this evidence.
00:07:20.000 You've been on top of this more than others.
00:07:25.000 Directionally, because they put out another 2,000 pages, I think, last night or the night before.
00:07:30.000 Yeah.
00:07:31.000 Where is this investigation going to go and what are the next, you believe, major reveals we're going to see?
00:07:37.000 I think some of the people who were part of Arctic Frost are going to get both congressional and grand jury subpoenas.
00:07:44.000 People will be hauled before the court and forced to answer.
00:07:47.000 And I want to remind people something that Jim Jordan said on our show last night.
00:07:50.000 Jack Smith's two top deputies have taken the Fifth Amendment, have taken the Fifth Amendment, prosecutors have taken the Fifth Amendment about what they did in this case.
00:07:59.000 What does that mean?
00:08:00.000 They think they may have engaged in criminality.
00:08:02.000 You can't take the Fifth Amendment if you don't think you have criminal liability.
00:08:05.000 That is a stunning thing.
00:08:07.000 We don't normally see prosecutors and FBI agents saying, I'm taking the Fifth.
00:08:10.000 You know something serious is here.
00:08:12.000 And I think what's going on now is that people are starting to get grand jury subpoenas.
00:08:16.000 I've been talking to defense lawyers.
00:08:19.000 There was about 20 or 30 that have gone out in the last couple of weeks.
00:08:22.000 The big conspiracy is now being put together.
00:08:24.000 Now, whether a grand jury indicts, whether you get convictions, we'll see.
00:08:28.000 But they're looking at a decade as one criminal machine, that the Comey, McGarland, Jack Smith era was an ongoing criminal enterprise like a mob or mafia or drug kingpin.
00:08:41.000 And the crimes were violating innocent American civil liberties to try to score a political score in politics.
00:08:49.000 That is so extraordinary.
00:08:50.000 I don't think I ever would have uttered those words, ever thought I would utter those words as a journalist.
00:08:55.000 That's what went on here.
00:08:57.000 You're saying that even as much emphasis as we do in you and the war and put on Papadopoulos and Crossfire Hurricane and the honeypot.
00:09:06.000 You know, stuff was Stefan Howe for all that Cambridge crowd in the spring of 15.
00:09:12.000 You're actually saying, hey, folks, I think they may go back even before that and start rolling this thing up.
00:09:18.000 This thing could look like 10 years, a decade or more.
00:09:23.000 I think you're right.
00:09:24.000 Listen, Jack Smith is at the origins of the IRS case.
00:09:27.000 There are emails between him and Lois Lerner that we focused on and some other people in the Justice Department.
00:09:32.000 That same group carries all the way through the raid at Mar-a-Lago.
00:09:35.000 The prosecution's up to 24.
00:09:37.000 I think they're going to look at that as, hey, this was an effort to drain Republicans of money and reputation,
00:09:43.000 maybe put some in prison to make sure that the populist movement that Donald Trump was building across America could be side railed.
00:09:50.000 They failed.
00:09:51.000 And now because they failed, and we now have people like Kash Patel and Pam Bondi turning this evidence up,
00:09:56.000 I think people could end up going to prison for this.
00:09:58.000 I think we're moving towards that direction.
00:10:00.000 And the evidence is really strong.
00:10:02.000 I mean, I had career FBI agents very nonpolitical look at this last night like, my God, I've never seen anything like this in my life.
00:10:09.000 What are we doing?
00:10:10.000 This isn't FBI work.
00:10:11.000 This is political opposition work.
00:10:13.000 When people who wore the badge for 40 years start saying that about their old agency, you know something bad is rotten in Denmark.
00:10:20.000 One of the issues we've had is that, you know, Kash has got a couple of people over the FBI.
00:10:26.000 Pam is holding on by her fingertips.
00:10:28.000 She's got, you know, in Maine Justice, she's got some of her top people.
00:10:31.000 Is the manpower issue about just enough prosecutors?
00:10:35.000 You've got Halligan, you know, she's doing a bunch.
00:10:38.000 But is this, I know the Miami is talking about a grand jury in January.
00:10:41.000 Yep.
00:10:42.000 But is there at Maine Justice a problem that we still don't have just enough senior level bodies that are senior prosecutors?
00:10:51.000 Because this case is going to have enormous complexity.
00:10:53.000 It's going to have to have a massive team.
00:10:54.000 Do you think we've got the manpower because we are burning daylight?
00:10:58.000 Do you feel that we're making strides in the manpower issue?
00:11:02.000 You and I talked candidly about this three weeks ago.
00:11:06.000 I think we got the Justice Department's attention.
00:11:08.000 I heard a lot after I made that appearance on your show, which shows how many people watch your show every day.
00:11:13.000 There is a ramping up of hiring and of really skilled people.
00:11:17.000 They're bringing some retired FBI agents back to come back, you know, on contracts.
00:11:21.000 They're bringing former prosecutors back.
00:11:23.000 They are staffing up, and I think they're actually now ready for that process.
00:11:27.000 And I think when they hit that January grand, by the way, there are grand juries right now gathering the evidence that will get shifted to Florida in January.
00:11:34.000 But there is a lot of activity that wasn't going on three, four weeks ago.
00:11:37.000 And I actually think the conversation you and I had on your show had a profound effect.
00:11:42.000 And that's why we do these things, what we do.
00:11:44.000 But it's ramping up now.
00:11:46.000 We're going to keep a close eye on it.
00:11:47.000 We always got to keep a distrustful eye on government.
00:11:49.000 But I do think that we're seeing the sort of investigation that we wanted for 10 years.
00:11:55.000 John, you're breaking stuff all the time.
00:11:57.000 You got the show that follows us here on Real America's Voice at 6.
00:12:00.000 But how do people keep up with this?
00:12:02.000 Because you and the Just the News team were putting out updates and articles and analysis, breaking news and analysis and observations all the time.
00:12:10.000 So what are all your coordinates?
00:12:12.000 Because I know the audience, this is a top priority for the war in passing.
00:12:16.000 First, we're grateful that we get to work with you every day.
00:12:19.000 JusttheNews.com is the website where all the stories up.
00:12:21.000 I think we had 13 stories on this yesterday.
00:12:23.000 Jay Solomon reports is the fastest way to follow us on all social media platforms.
00:12:28.000 Thirteen stories yesterday, folks.
00:12:30.000 Make sure you're there, taking them all in, read them, and share them.
00:12:34.000 Be a force multiplier.
00:12:35.000 That's what we need right now.
00:12:36.000 John Solomon, patron and hero.
00:12:38.000 Thank you, sir.
00:12:39.000 Appreciate you.
00:12:40.000 Thank you, Steve.
00:12:41.000 Appreciate you.
00:12:42.000 Dave Bratt, we're going to get a minute or two for a break.
00:12:45.000 The scale of this, and they were targeting the MAGA movement.
00:12:49.000 They wanted to put the populist nationalist movement down.
00:12:52.000 Trump and all of his key supporters.
00:12:56.000 It's pretty breathtaking.
00:12:58.000 The border gate is nothing.
00:13:00.000 It is a second-rate burglary.
00:13:02.000 And even the conspiracy, the so-called conspiracy is nothing compared to this, sir.
00:13:08.000 You know, that's right.
00:13:10.000 Congratulations to Solomon in the war room for all of this accountability.
00:13:14.000 There's a restless, the base is very restless.
00:13:17.000 And going down this road, just look what the FBI and our law enforcement haven't been doing as you go around the country.
00:13:24.000 Tucker had a nice show on yesterday about the crime, the violence.
00:13:28.000 They're not doing anything on just looking at the wars.
00:13:35.000 They're not doing anything on censorship.
00:13:37.000 They're not doing anything on monopolies.
00:13:39.000 It's what's not there.
00:13:41.000 What our law enforcement community has not been doing.
00:13:43.000 The riots in the streets, they weren't doing that because they were going after the President of the United States in a coup.
00:13:50.000 They were spying on the senators.
00:13:52.000 They're spying on the Congress.
00:13:54.000 And so this oversight work is huge.
00:13:57.000 And the American people are rightly restless because they want to see action coming back onto their streets.
00:14:02.000 But you first have to have the rule of law and order before that can happen.
00:14:06.000 So Trump's in a, you know, he was left in terrible shape.
00:14:09.000 He's fixing this stuff systematically.
00:14:11.000 And eventually it's going to show up for the base and for the American citizen at home in their cities and across the country.
00:14:20.000 Dave Bratz riding shotgun with me this morning.
00:14:22.000 We're going to pivot now to this, quite frankly, this trip, historic trip.
00:14:26.000 But the meeting of you were with us last night from 10 p.m. to about 1 in the morning.
00:14:31.000 You saw it live.
00:14:32.000 We're going to break it all down.
00:14:33.000 Cleo Pascal is going to join us.
00:14:36.000 Dave Bratz riding shotgun.
00:14:37.000 We're going to take a short commercial break.
00:14:39.000 Markets are turbulent.
00:14:41.000 Geopolitics is turbulent.
00:14:42.000 Take your phone out.
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00:16:52.640 What about the Taiwan issue, sir?
00:16:55.300 It never came up. Taiwan never came up. It's not discussed, actually.
00:17:00.280 What else didn't come up that you thought might come up? You had mentioned you didn't get to everything.
00:17:05.120 I mean, we had a long meeting, as you know, but a lot of things we discussed through great detail.
00:17:12.080 A lot of things we brought to finalization.
00:17:14.940 A lot of finalization.
00:17:17.200 What about presuming nuclear testing? What prompted you to do that right before the meeting?
00:17:22.480 It had to do with others. They seem to all be nuclear testing.
00:17:26.080 We have more nuclear weapons than anybody. We don't do testing.
00:17:29.920 We've halted it years, many years ago.
00:17:33.840 But with others doing testing, I think it's appropriate that we do also.
00:17:37.880 Any details around the testing, sir? Like where, when?
00:17:41.660 It'll be announced. You know, we have test sites.
00:17:44.160 It'll be announced.
00:17:45.160 It'll be announced, sir, Mr. President.
00:17:46.420 I thought it was an amazing meeting. He's a great leader.
00:17:52.000 A great leader of a very powerful, very strong country, China.
00:17:56.300 And we, what can I say? We have, it was an outstanding group of decisions, I think, that was made.
00:18:08.080 A lot of decisions were made. There wasn't too much left out there.
00:18:11.900 And we've come to conclusion on many very important points, and we'll be handing that to you in a little while.
00:18:18.560 And, you know, we're having, because there was a lot of, a lot of different things, many of them very important.
00:18:24.400 We're, we're in agreement on so many elements, large amounts, tremendous amounts of the soybeans and other farm products are going to be purchased immediately, starting immediately.
00:18:41.840 And if you notice, President Xi authorized yesterday for China to start, did you know that, right, China to start buying in very large quantities of soybeans and other things, which I appreciated.
00:18:56.640 That was a very nice gesture.
00:18:57.900 How will your new tariff rate on China's goods be once you sign a deal?
00:19:01.940 Other than what we, there's new tariffs, they made exactly the same.
00:19:05.820 55 percent.
00:19:06.660 It's about, no, it's, it was 57, now it's 47.
00:19:12.140 And how long?
00:19:12.960 Because we reduced, we reduced it by the fentanyl.
00:19:17.320 And because I believe they are really taking strong action.
00:19:20.240 We've already seen the action on fentanyl, and they're taking very strong action.
00:19:24.700 So we reduced it to 10 percent.
00:19:26.060 So that November date is gone when it was going to go up again.
00:19:29.500 Yeah, yeah.
00:19:29.980 Okay.
00:19:30.340 That's a threat.
00:19:31.020 So on fentanyl.
00:19:32.440 I think what we've done throughout this trade war is we've basically gone back to the status quo ante, right?
00:19:37.040 And I think from Beijing's perspective, that's a win.
00:19:39.080 I think part of what's troubling about the approach to these trade negotiations is that we are not focusing on the big strategic trade and macroeconomic issues that ostensibly animated this trade war in the first place.
00:19:51.480 Instead, I think what Beijing has done successfully.
00:19:53.120 Well, what are those issues?
00:19:54.040 I think things that are longstanding concerns, China's non-market unfair trade practices, the trade imbalances that President Trump in particular seemed quite concerned about, we are not really addressing those.
00:20:05.200 I think instead what Beijing has done has orchestrated a game of whack-a-mole for the Trump administration, where we are focused on relatively narrow issues like soybeans, like TikTok, that are either sector-specific or firm-specific.
00:20:17.000 Right.
00:20:17.620 Right.
00:20:17.780 The other thing that I think is missing in this approach, too, is that their approach to China is suffering from what I call trade myopia, right, or trade and tech myopia.
00:20:25.560 These are the two issues that we are really focused on in these discussions.
00:20:28.320 And what's omitted from these discussions, then, are some of the bigger strategic issues that are at play in the relationship, such as China's coercive activities in the South China Sea, or it's striking that the president mentioned that Taiwan didn't come up at all.
00:20:39.300 Right.
00:20:39.340 Yeah.
00:20:39.480 So let's follow up on that.
00:20:41.120 Like, if that's indeed the case, that would mean that Xi Jinping didn't say, hey, we're going to take Taiwan.
00:20:45.740 That's good.
00:20:46.360 But it also perhaps means that President Trump didn't offer any sort of warning either.
00:20:50.540 Yes, exactly.
00:20:51.400 Exactly.
00:20:51.880 Because it's not that you don't want the two sides to talk about this issue.
00:20:54.540 It's that you want the U.S. to send a signal of consistency and reaffirm our longstanding policies on Taiwan.
00:21:00.320 Now, going into this meeting, of course, there was a lot of concern that Taiwan, if it's not that they could be part of the negotiations and that President Trump could change our longstanding policy.
00:21:08.980 So it's good that that didn't happen, but you don't necessarily want to omit it altogether from the conversation.
00:21:14.160 So I think you're going to see a big difference.
00:21:16.600 We have, we've had discussions on many of the elements that you're talking about all the time here.
00:21:23.360 You're asking me questions, and most of those things were, I think, agreed to, for the most part.
00:21:33.320 I think we agreed to almost, almost everything in a very acceptable form.
00:21:38.540 I wouldn't say everything was discussed because of the things that probably, in retrospect, we could have discussed, and we didn't, for some reason, didn't come up.
00:21:47.000 But if you have any questions, let me know.
00:21:49.180 What about chips, sir?
00:21:50.420 Did, did he agree, did you agree to sound any more down or anything else?
00:21:53.620 We discussed chips.
00:21:54.160 We did discuss chips.
00:21:55.300 He said, he's going to be, they're going to be talking to Davidia and others about taking chips.
00:22:02.700 Look, we make great chips.
00:22:04.020 Davidia is the leader.
00:22:04.880 And I'll be speaking to Jensen from Davidia, but they're going to be discussing that with Davidia to see whether or not they can do.
00:22:14.680 I said, that's really between you and Davidia, but we're sort of the arbitrator or the referee.
00:22:20.040 It's a little rough up here.
00:22:21.140 The skies, the skies are a little rough.
00:22:24.060 And just to clarify, sir, that is the downgraded Blackwell chips, you would authorize those to be exported?
00:22:29.120 Not the Blackwell, we're not talking about the Blackwell, that just came out yesterday.
00:22:34.680 But a lot of chips, you know, a lot of the chips.
00:22:38.880 And that's good for us.
00:22:40.620 How soon do you think you'd be able to sign an actual chip?
00:22:43.320 You know what you do?
00:22:44.760 Yeah, come on. 0.77
00:22:45.600 Stand right over here.
00:22:46.660 Yeah, hey, everybody, thanks.
00:22:47.820 Let me just make a point on the chips.
00:22:49.040 The president was saying there's so many chips we already sent to China, a lot of advanced chips, etc.
00:22:54.400 And as he said, you know, a video will talk to China and see what's possible.
00:22:59.120 The Blackwell chips, of course, weren't discussed.
00:23:01.000 We focused on export controls of China on rare earth, and they're going to keep those flowing, which is quite important. 1.00
00:23:07.120 We have not too many major stumbling blocks.
00:23:10.440 We have a deal.
00:23:13.280 Now, every year we'll renegotiate the deal.
00:23:16.780 But I think the deal will go on for a long time, long beyond the year.
00:23:20.120 We'll negotiate at the end of the year.
00:23:22.400 But all of the rare earth has been settled.
00:23:26.040 And that's for the world.
00:23:27.240 I mean, you know, worldwide, this is, I guess you could really say, this was a worldwide situation, not just the U.S. situation.
00:23:35.800 So we continue to produce the rare earth and buy the rare earth and everything else, you know, when you see from other countries.
00:23:43.520 But China is, that whole situation, that roadblock has gone now.
00:23:49.420 There's no roadblock at all on rare earth that will hopefully disappear from our vocabulary for a little while.
00:23:56.040 So is that a one-year pause on the policy they announced?
00:23:59.280 It's a one-year agreement, and we'll extend it after a year, you know, like we do.
00:24:04.900 It's a one-year deal.
00:24:06.780 That will, I think, be very routinely extended as time goes back.
00:24:10.300 It could have been a very bad war, too.
00:24:12.300 Sort of with the nuclear announcement, just one more on the nuclear announcement.
00:24:15.720 Do you worry that we're entering a more risky environment when it comes to nuclear issues?
00:24:20.380 No, I don't think so.
00:24:21.320 I think we have it pretty well locked up.
00:24:24.760 But, you know, we have more than anybody.
00:24:26.980 When I see them testing, I say, well, if they're going to test, I guess we have to test.
00:24:31.820 I'd like to see a denuclearization, because we have so many, and Russia is second, and China is third, and China will catch up within four or five years. 0.99
00:24:44.700 I think de-escalation would be, they would call it denuclearization, would be a tremendous thing, and it's something.
00:24:52.400 We are actually talking to Russia about that, and China would be added to that if we do something.
00:24:57.760 Thank you all.
00:24:58.420 It was a great success.
00:24:59.520 It was a great honor.
00:25:00.500 What do you hear, though, as you read between the diplomatic lines?
00:25:03.400 What really came out of this meeting?
00:25:05.160 Look, I think one thing about Trump that we all have learned is that the highs are never as high as the highs, and the lows are never as low as the lows.
00:25:11.980 He makes huge threats, and then he backs off them.
00:25:13.860 He makes huge claims of progress, and then it turns out not so much.
00:25:18.060 For example, in the first Trump administration, the Chinese also agreed to buy a lot of soybeans, but then they never bought the soybeans.
00:25:24.180 And so you have to see how this all unfolds in real time.
00:25:27.940 But what was important to Trump was getting this rare-earth mineral thing resolved, because that is a huge problem for us, because we just need those.
00:25:36.500 Those are critical ingredients in so many electronics, particularly, that we make.
00:25:41.200 So it was definitely a good meeting, no doubt about that.
00:25:45.000 The question is, is it really going to amount to much when the dust settles?
00:25:48.020 What I worry about in the short term right now is that I think the approach that we have from the administration is basically friction without competition, right?
00:25:54.480 That we are still not organizing ourselves in a disciplined and methodical way for the competition with China.
00:25:59.360 What concerns me, I would say, throughout my career, our strategic position vis-a-vis China has just steadily eroded over time, right?
00:26:06.380 I think that's true if you look at the technology domain.
00:26:08.520 And one of the areas that really concerns me is the military domain, right?
00:26:11.600 And there's a lot of talk right now about the administration's forthcoming national defense strategy.
00:26:16.200 China has been considered the pacing threat for the last two national defense strategies.
00:26:20.020 But a bipartisan commission looked at this last year, and they said China continues to outpace us in a growing number of domains and has negated our advantages.
00:26:26.680 Which domains?
00:26:28.080 Hypersonic missiles?
00:26:29.780 What are the military?
00:26:33.140 I know you could talk about Navy, missile technology.
00:26:36.540 What are the things?
00:26:37.180 I mean, they have the largest Navy in the world, right?
00:26:39.980 They have considerable Air Force prowess.
00:26:42.000 They're going through a dramatic expansion of their nuclear capabilities.
00:26:44.760 So it's a comprehensive, dramatic military modernization program that's the most dramatic since World War II, right?
00:26:51.360 And unlike the United States that has global responsibilities, we have to deal with Ukraine and the Middle East, China can just focus on us. 0.79
00:26:57.780 From their perspective, when they think about military contingencies, we are priority number one, two, and three, right?
00:27:03.160 So there's a level of focus that allows them to then reverse engineer what do they need to do to catch up to the United States.
00:27:08.100 And their focus remains China and the neighborhood.
00:27:11.380 Yeah.
00:27:11.600 This is talking about Bridge Colby, this new national security plan that focuses on China, but just China, not as a global threat, really as a threat to East Asia.
00:27:23.740 So Cleo Pascal is with us.
00:27:25.320 We're going to get to her next short commercial break.
00:27:28.040 We've got Dave Bratt.
00:27:29.480 The questions like we had last night, the rare earths, unless I'm misreading it, looks like a massive win.
00:27:35.820 Where they're going to renew or immediately start to ship the magnets and the heavy rare earths, which allows our production lines to continue on, that'll at least be for a year.
00:27:46.960 The knife to the throat is away.
00:27:48.960 Now, the Chinese Communist Party does not have a history.
00:27:51.680 Okay, let's be honest.
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00:29:14.340 Here's your host, Stephen K. Vance.
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00:30:02.560 Cleo, Pascal, we covered it last night.
00:30:09.240 The president then put out a bunch of true socials, put out kind of what we call a readout.
00:30:13.160 The CCP put a readout.
00:30:15.280 It seems to me, and maybe I am misguided here on signal versus noise,
00:30:21.480 of the situation with chips.
00:30:26.220 It looks like, and it's kind of confusing, they're going to get into a discussion with
00:30:31.580 Jensen Wong, which I told you, Summer 4 had the story last night that the company is now $5 trillion.
00:30:39.120 Jensen would be both, I guess, the richest guy in the world and the most powerful combination.
00:30:43.820 And he's an agent of influence for the Chinese Communist Party.
00:30:46.200 It's not me saying that.
00:30:46.980 Just listen to him on this Fareed Zakaria interview.
00:30:50.340 So he's going to be in discussions, but we're not selling the Blackwell chip or any that looks like the super advanced chips
00:30:56.220 where they need for AI.
00:30:57.480 Also, there was no discussion of Taiwan, which we were told in advance that Xi was adamant about,
00:31:03.220 particularly since he just purged the military, that he's got to have a framework for us backing off the defense of Taiwan.
00:31:08.760 And then, I guess most importantly, this situation where they kind of had us because the globalists sold all of our processing capability a decade ago,
00:31:19.100 that they're going to continue to ship us rare earths, and particularly the magnets and the other things we need
00:31:25.740 for full production lines up in Detroit and other places.
00:31:29.660 Your assessment, ma'am?
00:31:30.940 This is like two fighters in a ring who you may shake hands publicly at the beginning, but make no mistake,
00:31:39.700 they're going after each other and buying for time.
00:31:43.360 We're sort of at a position where a few hits have been taken.
00:31:46.920 They go back to their corners and reassess.
00:31:49.840 The problem is that the U.S. has been playing, by Marquess of Queensbury rules, very much kind of a boxer,
00:31:55.560 whereas you've got the Chinese on the other side, which is much more mixed martial arts.
00:32:00.580 And not only that, they've brought this vicious dog into the ring in the form of Chinese organized crime, 1.00
00:32:05.420 which is fed off of, in part, at least the fentanyl trade that can do savage damage on the ground
00:32:12.220 at the behest of the Chinese Communist Party.
00:32:15.020 So this is obviously something that's going to be going on for a while.
00:32:18.200 The president himself said it.
00:32:19.660 And just as an aside, how great is that, that within an hour after the meeting,
00:32:24.660 you've got the president saying, ask me anything.
00:32:27.020 I've never seen anything like it.
00:32:29.860 So this is going on.
00:32:32.440 It's going to continue to go on.
00:32:35.300 The problem is that, and if you do go to the White House website and take a look at,
00:32:40.460 for the readouts or whatever else you can find there,
00:32:42.480 you'll see that on October 27th, the president wrote a letter about the birthday of Teddy Roosevelt
00:32:51.300 and talks about why President Roosevelt was such a great president
00:32:55.720 and mentions everything he did for hemispheric defense, the Panama Canal, that sort of thing,
00:33:00.420 and mentions speaking softly and carrying a big stick.
00:33:04.260 And the president is speaking softly, saying, you know, terrific meeting, all that stuff.
00:33:08.520 But he was handed a twig, very difficult for him to fight in the way that the U.S. is used to fighting
00:33:15.860 if it only has this depleted Navy, as Captain Fennell points out,
00:33:21.640 and very limited options of that sort.
00:33:26.220 So that's why it was great to see all of these other tools that he gave himself when he went into the fight,
00:33:31.840 the talk of the nuclear tests.
00:33:33.280 He did all those deals with other partners, including the Japanese, before going to meet with the Chinese.
00:33:38.920 So when you look at it in total over what he's been doing in the last few weeks and months—
00:33:43.440 Okay, hang on, hang on.
00:33:43.660 Full stop, full stop, full stop.
00:33:45.420 I want to talk about the strategy because the Warren Posse and the guys on GED are very smart
00:33:49.740 and have been following us on this.
00:33:51.860 He really laid between the huge trade deal with Southeast Asia,
00:33:56.180 what he's talking about with Japan, which I think is his most successful trip ever to Japan,
00:34:01.620 and talked about them getting up and rearming, even coming to South Korea,
00:34:08.560 which, as you know, we have fought that party with the Christians and the right wing in Korea.
00:34:15.520 This current administration in South Korea is quite lenient towards the Chinese Communist Party.
00:34:22.540 Everything that Trump did in the lead up to this, including—I was kind of shocked.
00:34:28.280 On the tarmac, he sent a hot one right across Xi's bow. 1.00
00:34:32.140 Now, it was specifically to Putin, but he did throw in there, hey, you know, China,
00:34:36.700 which is number three in nuclear weapons, although they're gaining on us,
00:34:40.820 which had to be a loss of face for Xi.
00:34:43.560 Is all that combined—because you say a twig.
00:34:45.880 Let's be frank.
00:34:46.820 I know that the tariffs have forced a big economic pullback in China.
00:34:54.240 Actually, Scott Besson said a depression.
00:34:56.460 He's under tremendous pressure from Lao Baixing because the economy's not working for the average guy in mainland China.
00:35:04.040 But it was a leverageable moment for Xi.
00:35:08.640 He just did this purge.
00:35:09.760 He came to the pletum stronger than he's ever been, I believe,
00:35:12.040 because we never bought for a second that he was being weakened.
00:35:15.120 He comes out.
00:35:16.960 He's got us on these—on the rare earth.
00:35:19.220 He's just got us.
00:35:20.580 President Trump's dealt a very bad hand.
00:35:23.040 What was it cumulatively that allowed President Trump to essentially, on the surface of it,
00:35:29.200 and more details have come out, it looks like an amazing American win.
00:35:33.300 And look, soybeans are important.
00:35:35.060 This other stuff is important.
00:35:36.040 But on the main thing, as Fennell tells us to keep focusing on, President Trump essentially, it looks like, got everything he wanted?
00:35:47.400 We'll find out.
00:35:48.740 I mean, there's always—for the Chinese, an agreement is always the starting point for the next negotiation,
00:35:55.340 and often they don't deliver, right?
00:35:58.180 Hold on.
00:35:58.800 Tell people that.
00:35:59.640 Because they have a phrase, circumstances change.
00:36:02.420 If you negotiate a deal—this is why Trump took two years with Lighthizer and Navarro and negotiated the finest deal you're ever going to see.
00:36:11.080 Fair to everybody, but incorporated China into kind of the world's economy.
00:36:14.840 You know, no more state-owned industries.
00:36:16.300 No more skimming off the top.
00:36:17.620 No more using it to drive down prices.
00:36:20.140 Just a brilliant—you know, it's the only Lighthizer and Navarro can do.
00:36:23.340 After two years, and I mean of daily in the trenches of negotiation, they tore it up in front of our face.
00:36:29.780 And they've never—whether it's Obama or Biden or President Trump, they've never lived by a—like the guy said on the package, which was magnificent.
00:36:38.900 I want to thank Denver.
00:36:39.760 I want to thank our production team here.
00:36:41.120 That was an incredible package.
00:36:43.560 They didn't buy the soybeans last time.
00:36:45.600 These guys are not trustworthy.
00:36:47.360 Why are they not trustworthy?
00:36:48.480 They're the Chinese Communist Party, the most brutal dictatorship in the world.
00:36:52.200 So do you think this is all on the surface?
00:36:55.120 First of all, the tale is going to be if the rare earths start coming immediately, if those restrictions are pulled off, Cleo?
00:37:02.660 Yes.
00:37:03.380 And if they get what they actually ordered, it can be—they have so many ways of gumming up the system.
00:37:09.540 They've been buying low-level and mid-level bureaucrats across the board in every key position that you can think of. 0.92
00:37:15.980 This is—you just—it's not only trust but verify.
00:37:19.580 You know, you have to verify in a way that is actual.
00:37:24.460 And that's why it would be nice to see the president adding even more tools to his toolkit.
00:37:29.000 If you remember when Rubio was in the Senate, he put out that he got this law passed to say,
00:37:36.660 the IC, the intelligence community, has to expose the wealth of the leadership of the Chinese Communist Party.
00:37:41.920 And the intelligence community didn't want to deliver.
00:37:43.900 Let's start doing some damage at the top. 0.98
00:37:46.740 Key.
00:37:47.420 Key.
00:37:48.140 Okay, I'm going to get—you hold right there.
00:37:50.100 I want to get back to you as only your brilliance to bring up the fentanyl situation.
00:37:54.760 And who's the Chinese Communist Party's partner from the beginning?
00:37:58.300 Has always been what?
00:37:59.080 The Tongs?
00:37:59.660 The Chinese criminal gangs—and these criminal gangs are brutal.
00:38:05.040 Every Chinatown in the world that's always been started by—was it Fujian province, the pirates, right? 1.00
00:38:10.820 And the Chinese gangs are brutal.
00:38:13.760 They've been the partner of Mao Zedong and these guys from the beginning. 0.88
00:38:16.520 They would have never risen to power if they didn't have the muscle of the gangs.
00:38:20.760 And the muscle in the gangs is in fentanyl.
00:38:22.700 And they're making a tremendous amount of cash money.
00:38:26.040 We're going to get to that in a second.
00:38:27.220 And also the Teddy Roosevelt situation.
00:38:31.140 Dave Bratt, you're the economist.
00:38:33.660 You're the dork economist, right?
00:38:35.380 We're talking deals and how you actually—Donald Trump is muscle, right?
00:38:40.280 So he knows because he's done so many real estate deals all over the world, but particularly New York City where they're always trying to bait and switch it, right?
00:38:46.640 So he knows about the execution of this thing.
00:38:48.900 But on the surface of it, it's kind of breathtaking how he went in there with so much stacked against us.
00:38:56.260 And he really looks like he's come out, particularly with chips, depending on what that is, particularly with chips and particularly with Taiwan, sir.
00:39:04.760 Yeah, well, Trump's doing great work.
00:39:10.100 But what I'm concerned about, you know, we've lost free market capitalism.
00:39:13.720 That's gone.
00:39:14.440 We now do statist capitalism.
00:39:16.460 But we only do it on behalf of the richest 10 percent for the artificial intelligence guys, the big money guys, and the Wall Street guys.
00:39:24.860 And so right now the message has to be to them when it comes to this rare earth kind of thing, the piece we're missing here is a command economy for the U.S. people and for our defense needs going forward.
00:39:36.720 No one's moving the chips at that level in our favor, right?
00:39:40.400 In World War II, when you needed to get something done, the Russians moved 15,000 large firms to the east, thousands more small firms, a million workers and scientists, and they moved it all 1,000 miles.
00:39:54.180 This is with World War II technology.
00:39:57.280 And so this decoupling, I know you're in favor of it.
00:39:59.860 There's going to be pain.
00:40:01.120 It's just a matter of when you take it.
00:40:02.640 So I think Trump also has to announce the forward expectations for the modern capitalist that your time's up, right?
00:40:11.820 You better get independent of China right now because I'm not – the left commentator on MSNBC gave it away a little bit in terms of we have some huge wins here.
00:40:23.200 But the big pieces are still on the chessboard, and that game is coming up, and that's the brutal game, and that's going to require sacrifice.
00:40:30.780 I don't – I don't think that's the strategy.
00:40:38.480 I just don't.
00:40:39.260 I'm going to get clear on this.
00:40:40.300 Hawley's going to join us.
00:40:41.160 Senator Hawley at the top of the hour.
00:40:43.960 Keep the main thing the main thing.
00:40:45.620 As we've talked about, this is why I say the Middle East is a sideshow. 1.00
00:40:48.240 Israel is a sideshow to a sideshow. 0.99
00:40:50.060 The bulk of the Ukraine, we've got to get that thing wound down immediately. 0.99
00:40:54.520 It's taking too much attention.
00:40:56.200 This is it.
00:40:56.880 But the United States is a Pacific power.
00:41:01.800 The giants of the late 19th century – remember, these guys like Secretary Hay, et cetera, they had been – he had been Lincoln's secretary.
00:41:11.860 Back in the day, women were not secretaries. 1.00
00:41:13.600 He was the – actually, I think he was 20, 21 years old.
00:41:16.060 He was the secretary to Lincoln and saw up close and personal Lincoln like nobody else saw him in the Civil War.
00:41:24.100 The young captains, lieutenants and captains that fought in the Civil War as they came to have real power in the late 19th century, these men and women were giants, almost as gigantic as the Civil War generation and the revolutionary and founding.
00:41:45.880 This is why we're so blessed.
00:41:47.040 They understood something, that we weren't just going to be a continental power.
00:41:54.400 When they said manifest destiny, they looked across the Pacific to Asia.
00:42:00.340 They looked at those three island chains.
00:42:02.980 We actually went to a war with the Spanish about this.
00:42:07.180 They saw that the Pacific was – as the Mediterranean was to the Roman Empire, the vast Pacific – not the Atlantic – the vast Pacific was going to be our Mediterranean, that we, quite frankly, were going to move away from the old world and that a new world existed, the one that Columbus had originally gone looking for.
00:42:34.580 And what they did, the manifest destiny, went across the Pacific to the island chains.
00:42:40.860 It is they understood that the central power of the United States was not simply to be a continental power but to be a global power.
00:42:50.640 And the way that you're a global power is you must become a Pacific power.
00:42:55.600 Why is that?
00:42:56.860 Asia.
00:42:57.320 Asia.
00:42:57.820 And that is what this is about, the biggest geopolitical focus of the 21st century.
00:43:05.400 Short commercial break.
00:43:06.340 Back in a moment.
00:43:08.320 We rejoice when there's no more.
00:43:10.300 Let's take down the CCP.
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00:44:22.520 Here's your host, Stephen K. Bannon.
00:44:28.600 We got massive budget deficits.
00:44:31.580 Of course, the tariffs are helping a lot.
00:44:33.760 But the IRS, if they think that the bid in the ass between what they think you owe and what you think you owe is probably a gap, you're not going to close that gap.
00:44:43.840 And, you know, the tie goes to the runner, which is the IRS.
00:44:47.880 So if you fail to file, if you're late filing, or if you got a letter from them that they're kind of saying, hey, you know, here's the dough you owe us, don't think, unless you get somebody in the middle of that, that can help you kind of negotiate.
00:45:03.180 You're on your own.
00:45:04.080 That's the reality.
00:45:04.740 Check out today.
00:45:06.380 Go to Tax Network USA, TNUSA.com, or call 800-958-1000.
00:45:12.260 Tell them Steve Bannon and the War Room Posse sent you.
00:45:15.680 They'll give you a free consultation.
00:45:17.420 They've solved a billion dollars worth of this stuff.
00:45:19.320 Nothing you can show them is, one, going to shock them, or, two, going to be something they haven't seen before.
00:45:25.700 So take the anxiety away and at least get the straight skinny.
00:45:28.600 If they can't help you, hey, get on with it directly to the IRS.
00:45:31.720 But if they can, talk to them and find out what they can do for you.
00:45:35.560 800-958-1000.
00:45:37.160 Do it today because guess what?
00:45:39.400 IRS is coming looking for their cash, okay?
00:45:42.040 What they think and what you think is probably two different things.
00:45:44.380 Make sure you guys sort it out today.
00:45:46.420 Cleo Pascal, they were giants.
00:45:51.000 They had a vision.
00:45:52.760 Our country's been built on men and women that had a vision of this country.
00:45:57.060 And from Paul Ryan and everybody, it's not, oh, America's not an idea.
00:46:01.640 It ain't an idea to them.
00:46:03.660 It was a physical thing that manifested itself.
00:46:07.740 That's why it's called Manifest Destiny.
00:46:09.880 But the Manifest Destiny did not end at the shores of Washington State, Oregon, and California.
00:46:16.200 They had a vision that it went across the Pacific and that vast Pacific, which is bigger than the Eurasian landmass, would become like the Mediterranean was to the Roman Empire.
00:46:27.880 That we would dominate.
00:46:30.800 And the way you dominate it, Cleo Pascal, is you put American citizens on the other side.
00:46:36.440 Ma'am.
00:46:36.740 Yes, sir.
00:46:38.420 And also, it's not just about expansion of trade, but it's also about defense.
00:46:42.880 So if you look at what McKinley was saying about the Spanish-American War, which is how the Philippines and Guam became part of the United States in 1898,
00:46:52.220 he specifically said if the Dons, which is what he called the Spanish, had control over that area, they could hit Oregon.
00:46:59.560 They could hit the mainland United States.
00:47:01.540 It was very much the center of the Pacific being the point of vulnerability for the U.S.
00:47:05.840 And so after, and that's exactly what happened.
00:47:08.580 The Japanese got control over the center of the Pacific, and that put them in a position to hit Pearl Harbor. 0.76
00:47:14.700 And the 100,000 Americans died fighting their way, island by island, beach by beach,
00:47:19.620 getting back across the Pacific to try to create this zone of peace so that there could be prosperity
00:47:24.560 and that the U.S. could just continue to be the U.S.
00:47:27.500 This is not an expansionist thing.
00:47:29.920 This is not an aggressive thing.
00:47:31.220 This is purely the way to create peace and prosperity across the Pacific.
00:47:35.680 It's the base of the free and open Indo-Pacific that we talk about now.
00:47:39.700 And the outcome was after the war, the people of Saipan, Tinian, what's now the Commonwealth of Northern Mariana Islands,
00:47:46.580 voted to join the United States of America.
00:47:49.400 They became the newest part of the United States in 1986, and they believe in America.
00:47:55.820 But they've got, China knows how important it is to the U.S.
00:47:59.700 And so they've been systematically, through political warfare, trying to undermine the U.S.'s position in Guam and the Commonwealth of Northern Mariana's.
00:48:07.060 And still today, Chinese can arrive without a visa in the Commonwealth of Northern Mariana Islands because of their influence over the local leadership.
00:48:15.320 And I'm just very concerned that the national defense strategy, which talks about, you know, sort of, if it is as reported,
00:48:23.300 leaving kind of West Asia being not that important.
00:48:27.280 There are Americans eight-hour flight west of Hawaii.
00:48:31.700 And from what I've seen of things like hospital facilities, they do not have the capabilities to keep the U.S. military at that station.
00:48:41.540 They're healthy in case of a fight, let alone the civilians.
00:48:44.120 I think Bridge Colby's, I think it is, I don't think it includes that.
00:48:49.780 I don't.
00:48:50.220 I think they're saying that the threat of the Chinese Communist Party is really a, to become a hegemon in, you know, in East Asia, in the, you know, the Straits of Taiwan, in the South China Sea, and even in that part of the Pacific.
00:49:06.780 It just doesn't look at them as, I think, a global threat to the United States of America, which I would disagree, given Latin America, the Caribbean, all of it.
00:49:14.760 You're going to stick around for the second hour.
00:49:16.440 Holly's going to come up in a minute. 0.96
00:49:17.740 Dave Bratz with me.
00:49:20.220 The vision of these individuals and collectively this group that really led America, and you can see President Trump, like he was with Jackson in the first term, he's quite a taken with McKinley and actually the muscle that was put in to manifest destiny, right?
00:49:39.580 And you're absolutely correct.
00:49:40.580 They saw the Pacific as a central strategic pivot for the United States.
00:49:44.660 Think about it.
00:49:45.140 Think of the vision.
00:49:46.680 This is back in the 19th century.
00:49:48.300 What really, I would say, Dave Bratz, the beginning decades of really the Industrial Revolution, they already had a vision of what America was going to be.
00:49:57.660 And hey, guess what?
00:49:58.580 Paul Ryan and crew, it won't some airy-fairy idea.
00:50:03.560 This was about sovereignty.
00:50:05.060 This is about keeping our sovereignty.
00:50:06.540 This is about keeping our prosperity.
00:50:07.900 And they understood for the United States to be protected that Asia would be the dominant, you know, would dominate the 20th and 21st century.
00:50:18.660 They could see 100 years downrange.
00:50:21.000 That's the giants whose shoulders we stand on.
00:50:23.840 And we have an obligation to everyone that came before us.
00:50:28.180 This is what Burke's dictum that we have, you know, because everybody talks about the children and grandchildren, obviously very important in America, and particularly the working class and middle class, have always sacrificed of themselves in the current time to make sure that prosperity and peace were there for future generations.
00:50:47.080 That's why so many American generations have eventually, let's say, okay, we got to get on with this.
00:50:52.760 We can't allow this to fester, and we can't let it get kicked down the road to our children and grandchildren.
00:50:58.180 Let's us face it in our time.
00:51:01.400 As importantly, it's to look back to every patriot's grave to the beginning.
00:51:07.220 What do we owe those people?
00:51:08.460 That's what this is about when President Trump's negotiating.
00:51:10.900 And, hey, he got dealt a bad hand.
00:51:14.480 The Biden, you know, you look back at the Biden years, and I will also tell you, folks, that just didn't happen.
00:51:20.460 There was all type of subversion, deal-making, and flat-out treason dealing with our enemies.
00:51:26.080 This is one of the reasons I got such a big problem with Jensen Wong.
00:51:28.680 Hey, that brother's right up in your grill.
00:51:31.220 He's beyond an agent of influence of the Chinese Communist Party.
00:51:33.920 He's like their spokesman.
00:51:35.740 It's just not acceptable.
00:51:37.080 I don't care if he's a $5 trillion dollar man or not.
00:51:40.900 Just don't care.
00:51:42.600 But we can't build a policy around a guy like that.
00:51:46.540 We cannot build a policy around a guy like that.
00:51:48.720 He's not on the side of the Americans, American citizens or this country.
00:51:55.740 I don't care how genius he is about the chips.
00:51:59.380 He's clearly, this Freed Saqqara interview is outrageous.
00:52:04.680 Okay, Senator Hawley's going to join us.
00:52:07.140 Dave Brat's going to stick around.
00:52:08.420 The great Cleo Pascal is with us.
00:52:11.440 For the next hour of the War Room.
00:52:13.260 Back in a moment.
00:52:21.600 What if he had the brightest mind in the War Room delivering critical financial research every month?
00:52:28.060 Steve Bannon here.
00:52:29.220 War Room listeners know Jim Rickards.
00:52:30.900 I love this guy.
00:52:31.740 He's our wise man.
00:52:33.300 A former CIA, Pentagon, and White House advisor with an unmatched grasp of geopolitics and capital markets.
00:52:39.940 Jim predicted Trump's Electoral College victory exactly 312 to 226, down to the actual number itself.
00:52:48.640 Now he's issuing a dire warning about April 11th, a moment that could define Trump's presidency in your financial future.
00:52:56.840 His latest book, Money GPT, exposes how AI is setting the stage for financial chaos, bank runs at lightning speeds, algorithm driven crashes, and even threats to national security.
00:53:08.420 Right now, War Room members get a free copy of Money GPT when they sign up for Strategic Intelligence.
00:53:15.180 This is Jim's flagship financial newsletter, Strategic Intelligence.
00:53:20.000 I read it.
00:53:21.060 You should read it.
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00:53:23.020 Go to RickardsWarRoom.com.
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