Bannon's War Room - Episode 4920： Lies Of H1B Visas; Putting America First The Forefront Of The Economy

00:00:00.000 Routine, getting stays and getting reversals because of local judges just not following the law full stop.

00:00:08.780 And it's the same judges, or not the same judges, but there's a group of judges that are repeat players,

00:00:14.500 and that's obviously not by happenstance. That's intentional. And it's a war, man.

00:00:22.740 This idea of war on judges, I'll say two things.

00:00:25.440 Number one, the most important judges of the Supreme Court, they do not have a lot of problems with.

00:00:30.120 So the buck stops at the Supreme Court. They have not really been ruled against pretty much at all and overturned past president.

00:00:36.980 But when you hear things like this, I mean, this is out of the Erdogan turkey playbook, the war on the judicial branch.

00:00:42.600 We need to go after them. We need to beat them. It's scary stuff.

00:00:46.040 It's really chilling. This is one of the most dangerous and damaging things that's happening right now in our country

00:00:50.860 is the disrespect for judges and the public calls for others to disrespect and disregard judges.

00:00:58.240 We have a constitution that has three equal branches that all have a job to do,

00:01:03.420 and the job of the courts under our constitution is to rein in the executive branch.

00:01:08.500 This administration does not accept that as a legitimate constitutional function of courts.

00:01:13.700 They seem to believe that it is the job of judges to get on board with and rubber stamp the political agenda of the president.

00:01:20.680 That is absolutely not the case, and that is very dangerous to our democracy.

00:01:24.860 It is also very dangerous to the judges who are out there trying their best every single day to do the job that the Constitution requires of them.

00:01:34.380 Those are people who have seen an incredible increase in real threats to their safety.

00:01:38.900 We have seen people plot against judges, try to attack judges because they disagree with their rulings,

00:01:46.620 and people like Todd Blanche are egging that on.

00:01:48.900 He is the number two official at the Justice Department,

00:01:52.400 and it is absolutely irresponsible and really, frankly, reprehensible that he is taking that position

00:01:58.860 about federal judges in our country who have an important constitutional role to play.

00:02:03.880 I mean, for future negotiations, if he knows once he inflicts maximum pain,

00:02:10.340 that Democrats are going to say, this is too much pain for my constituents.

00:02:14.600 It's not in the best interest of the United States, and we fold.

00:02:18.900 Well, look, I think any political leader who goes about inflicting pain on the people they represent

00:02:26.160 will ultimately be punished at the ballot box by those people.

00:02:29.740 And we saw that in Virginia, and, you know, I've spent the last year screaming about the fact

00:02:37.320 that our governor, Glenn Youngkin, refused to stand up for Virginians as Donald Trump was attacking us.

00:02:43.540 And I told him, I said, the voters are going to punish this.

00:02:46.680 And the voters in Virginia punished it last Tuesday.

00:02:49.720 So I think the answer to your question is we've got to continue to tell the story,

00:02:54.180 the pain Donald Trump's inflicting on people,

00:02:56.140 the fact that he's more focused on the price of Greenland than the price of groceries.

00:03:00.240 He's building golden bathrooms while kids are going to bed hungry

00:03:03.540 because he's taken away their food benefits and SNAP.

00:03:08.420 And we've got to take that to the voters if he continues in this way.

00:03:11.060 Three co-equal branches of government.

00:03:14.160 Now, the Republicans have said, we don't want that.

00:03:17.240 And they've given up their equality, their power.

00:03:19.680 They let Trump do everything.

00:03:20.820 The judges are not doing that.

00:03:23.320 And it's basically page one of any authoritarian playbook.

00:03:27.280 Well, first, it used to be take over the radio stations.

00:03:29.780 But the other is get rid of the judges.

00:03:32.560 Anything that would check power.

00:03:34.240 There's nothing in Congress checking his power.

00:03:36.800 He can take, you know, the power to put on tariffs, and they don't care.

00:03:41.300 He can hold back funding, and they don't care.

00:03:44.000 But the judges, you know, some of them are fighting back a bit.

00:03:46.740 And that's where they're saying, no, and they don't have a legal case against this.

00:03:52.760 But you're right.

00:03:53.540 What Todd Blanch is doing there is creating this culture in which people may take actions

00:03:58.800 against judges, not respect them, and will allow Trump at some point to just say,

00:04:03.800 I don't care what the court says.

00:04:05.900 What is the administration's position on these visas?

00:04:10.600 We're going to keep using our visa programs. 0.66

00:04:13.140 We're just going to make sure that they have integrity,

00:04:14.700 that we're actually doing the vetting of the individuals who come into this country,

00:04:18.640 that they want to be here for the right reasons,

00:04:20.560 that they're not supporters of terrorists and organizations that hate America.

00:04:24.980 And that's what I think is so remarkable, is under the Trump administration,

00:04:27.860 we've sped up our process and added integrity to the visa programs,

00:04:32.440 to green cards, to all of that.

00:04:33.960 But also, more people are becoming naturalized under this administration than ever before.

00:04:38.840 More people are becoming citizens because we're not just streamlining and building some

00:04:44.880 processes back into our immigration policies.

00:04:47.420 We're also making sure that these individuals that are coming into our country and get that

00:04:52.080 privilege, that they actually are here for the right reasons.

00:04:55.020 The Biden administration let thousands of terrorists into this country.

00:04:58.780 They opened the southern border.

00:05:00.420 They abused our asylum programs, abused our protective programs and visa programs, 0.98

00:05:04.840 and we fixed all of it. It's remarkable what President Trump has done,

00:05:08.480 and it's because he's a great leader, he's a visionary,

00:05:10.720 and this man is going to go down as a legend in history as our greatest president ever.

00:05:15.160 There's 20, 30 years we have offshore precision manufacturing jobs.

00:05:20.400 And the president's point here is, again, we can't snap our fingers and say,

00:05:24.920 you're going to learn how to build ships overnight.

00:05:27.320 We want to bring semiconductor industry back to the U.S.

00:05:31.360 There are going to be big facilities in Arizona.

00:05:34.820 So I think the president's vision here is to bring in overseas workers where these jobs went.

00:05:41.580 Who have skills.

00:05:42.280 Who have the skills.

00:05:43.420 Three, five, seven years to train the U.S. workers.

00:05:47.820 Then they can go home.

00:05:49.180 The U.S. workers fully take over.

00:05:51.400 So do you understand the concern that some people have?

00:05:55.140 Hey, an American could have that job. 0.94

00:05:56.940 Why give it to a guy from India or China?

00:05:57.940 But an American can't have that job. 1.00

00:05:59.520 So it's specific skills.

00:06:00.980 Because we haven't built ships in the U.S. for years.

00:06:03.260 We haven't built semiconductors.

00:06:05.460 So this idea of overseas partners coming in, teaching American workers, then returning home, that's a home run. 0.99

00:06:16.280 This is the primal scream of a dying regime.

00:06:21.360 Pray for our enemies.

00:06:23.300 Because we're going medieval on these people.

00:06:25.240 Here's another time I got a free shot at all these networks lying about the people.

00:06:30.880 The people have had a belly full of it.

00:06:32.840 I know you don't like hearing that.

00:06:34.260 I know you try to do everything in the world to stop that.

00:06:35.960 But you're not going to stop it.

00:06:36.900 It's going to happen.

00:06:38.160 And where do people like that go to share the big line?

00:06:41.580 Mega media.

00:06:42.480 I wish in my soul, I wish that any of these people had a conscience.

00:06:48.360 Ask yourself, what is my task and what is my purpose?

00:06:52.100 If that answer is to save my country, this country will be saved.

00:06:58.400 War Room.

00:06:59.320 Here's your host, Stephen K. Vance.

00:07:01.720 Wednesday, 12 November, in the year of Our Lord 2025, we're going to try to take the first hour and kind of unpack exactly where we're at.

00:07:16.880 Because a lot of big boom, you know, he's giving interviews, talking about H-1B visas.

00:07:19.960 Then you've got Scott saying something to the Secretary of the Treasury.

00:07:22.620 You've got Kristi Noem saying something else.

00:07:24.560 You've got his restructuring of the commercial relationships of the world, as we refer to as his trade policies, right, to manifest itself if they don't move the jobs back and tariffs are in court.

00:07:43.280 So I want to take – and I want to be – I would like to be systematic.

00:07:46.040 So the guest today to do this is Stephen K. Bannon.

00:07:49.080 So we're going to do it.

00:07:49.880 And I want to talk about the influences on the president.

00:07:56.620 Tonight he's got dinner with the lords of easy money, you know, Jamie Dimon, Larry Fink, real Trump supporters and MAGA supporters.

00:08:06.400 As you know, I say that with tongue-in-cheek because they hate Trump and they hate MAGA.

00:08:11.780 And Jamie Dimon, you know, has got this fantasy.

00:08:13.960 He's going to run as a populist candidate for president.

00:08:17.400 Jamie spent – it was not this past summer.

00:08:20.020 I think it was the summer before he talked about he took, I guess, a Winnebago or one of these, you know, land cruisers, one of these big mobile homes.

00:08:28.300 And he went from – I think he's at Spokane, Washington, all the way – I think it was to Idaho or it might have been to Kalispell, Montana or somewhere.

00:08:35.920 He went up in the American Redoubt or, as we call it, the Christian Redoubt, the capital of Christian nationalism in this country.

00:08:42.460 And Jamie Dimon goes, you know, the people were so nice.

00:08:44.680 My wife and I really said that this is really kind of the backbone of America.

00:08:50.300 Jamie Dimon, this is how clueless they are.

00:08:53.660 Guy runs the biggest bank, one of the most powerful banks in the world, chairman, CEO, been on Wall Street for, I don't know, 40 years.

00:09:01.300 Sandy Wiles, henchman, and just doesn't really understand, have the first clue about a place called the United States of America and American citizens.

00:09:10.180 But I want to go back to start this.

00:09:13.140 This is why we started the cold open with Todd Blanche giving that talk at the Federalist Society and because it is the quiet part out loud that, of course, the crew at MSNBC said about, you know, they're going after these judges because they don't agree with the political agenda of President Trump.

00:09:33.720 Yo, baby, that's the whole point.

00:09:36.120 This is why the Roberts Court has overturned so many of these radical left-wing judges that you judge shop, okay?

00:09:42.520 This is why the Supreme Court, because what the Roberts Court has said, essentially in ruling after ruling after ruling, it's not their job to make political decisions.

00:09:55.200 It's not their job to get involved.

00:09:56.480 That was a Warren Court.

00:09:57.420 And that's what's been the problem with the court for decade after decade after decade.

00:10:02.480 And the Roberts Court, I think because you have some, you know, very strong conservatives, or as we call it, the Clarence Thomas Court, right, Judge Thomas Court, is saying we've got to get – we're not interventionists.

00:10:17.320 We're not judicial activists.

00:10:19.280 The political decisions should be made by – wait for it – the political branches of the government.

00:10:25.920 That would be Capitol Hill, the Congress, and the executive branch.

00:10:30.340 Let's go – so I want to start there because it's going to roll through the entire analysis of exactly where we are on a major pivot of the economic policy of the – economic policies of the United States.

00:10:42.340 Can I play the first cut, the Todd Blanchard?

00:10:44.320 I'll tell you.

00:10:44.620 I'll just keep my mic on, and I'll cut it off when I'm happy.

00:10:47.280 Are these guys ready?

00:10:49.420 Can they do it?

00:10:49.960 Okay, let's go ahead and play it.

00:10:51.060 We are routinely getting stays and getting reversals because of local judges just not following the law full stop.

00:11:00.300 And it's the same judges – or not the same judges, but there's a group of judges that are repeat players, and that's obviously not by happenstance.

00:11:08.840 That's intentional.

00:11:10.380 And it's a war, man.

00:11:13.980 This idea of war on judges, I'll say two things.

00:11:16.960 Number one, the most important judges, the Supreme Court, they do not have a lot of problems with.

00:11:21.600 So the buck stops at the Supreme Court.

00:11:23.720 They have not really been ruled against pretty much at all and overturned past president.

00:11:28.480 But when you hear things like this, I mean this is out of the Erdogan-Turkey playbook.

00:11:32.480 The war on the –

00:11:33.300 Can we stop right there?

00:11:34.920 Denver, can you stop?

00:11:36.440 Okay.

00:11:37.380 Right there.

00:11:37.940 He says the Supreme Court's reversed all these guys.

00:11:41.420 It is a war.

00:11:43.460 This is called lawfare, and this is a war, and this is the principle – this is – they don't have the political support, so this is the principle attack that they've used to date is the courts.

00:11:53.720 And they go, oh, but this is out of Erdogan where you call it out.

00:11:57.400 No.

00:11:58.220 Out of Erdogan, and you guys have had the high ground for decade after decade after decade after you removed – starting with the war on court somewhat, but after you removed Richard Nixon. 0.70

00:12:10.240 And always remember Jeff Shepard, the Watergate stuff you see in all the presidents, man, that's Hollywood, deep throat.

00:12:19.240 That's all Hollywood.

00:12:20.740 That's what the liberals put forward, you know, these brave reporters and the Washington Post and Catherine Graham, right?

00:12:29.140 All of it.

00:12:30.720 That's all kind of – that's deep throat.

00:12:34.180 It was a judicial and legal insurrection against Nixon.

00:12:38.380 And as Jeff Shepard points out, it was lawfare that removed Nixon, and the Republicans didn't have the stones to back him up.

00:12:46.760 They folded, and Nixon went, and then they hermetically sealed off the Justice Department since then.

00:12:52.140 This is one of the reasons they hate Trump, and they hate what Trump's doing.

00:12:55.760 Remember, go back to the Article II powers, the maximalist strategy. 0.91

00:13:00.280 Part of that is something that no Republican has touched.

00:13:03.820 No Republican has touched since Nixon.

00:13:06.700 And that is the president is the chief law enforcement officer in the country.

00:13:12.700 In fact, Nixon didn't.

00:13:13.640 If you study the internal workings of the White House, they were petrified of it.

00:13:19.880 Trump ain't petrified about it.

00:13:22.100 And this was the years in the wilderness to build the case intellectually to go for it.

00:13:28.160 And it is a war.

00:13:30.940 And they've been reversed.

00:13:32.980 I don't have time.

00:13:33.920 We're going to continue with the tape because then the other panelists or the other co-host on the evening show at MSMUC says the quiet part out loud.

00:13:42.020 You know, they're all over these judges because they don't agree with the political agenda of Donald Trump.

00:13:47.440 We don't give a damn what a judge thinks about the political agenda of the executive branch or Capitol Hill. 0.76

00:13:54.260 That's not their purpose.

00:13:55.900 That's not their job.

00:13:56.980 Check this thing called the Constitution. 0.77

00:13:59.100 The high and mighty legal profession.

00:14:01.980 This is how they get you on your back foot.

00:14:03.540 This is why the audience have been knocking on doors and giving money to Bush and all of them.

00:14:09.080 And they went along with this.

00:14:10.940 They went along with this.

00:14:12.320 We ain't going along with this.

00:14:14.360 This is the battering ram that Trump is.

00:14:16.320 And this is why they hate him.

00:14:18.780 They understand they have to stop this.

00:14:21.740 This is their focal point.

00:14:22.900 Yes, they got some wins.

00:14:23.900 And we'll talk about that.

00:14:25.720 Taking on some populist issues.

00:14:28.960 But this is the heart of the matter.

00:14:30.520 This is what their defense has already been.

00:14:31.920 This is what their offense is.

00:14:34.500 This is why you have the grand conspiracy case now in South Florida.

00:14:38.160 To take that part of the deep state down and basically give them a Carthaginian peace.

00:14:44.520 To take it apart brick by brick and salt the earth around it so it never comes back.

00:14:51.000 Just like Carthage.

00:14:53.140 What was it?

00:14:53.620 The third Punic War? 0.98

00:14:55.360 Short commercial break.

00:14:56.520 Back in the warm in a moment.

00:14:59.680 Let me be blunt.

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00:16:06.460 Tell America's Voice family.

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00:16:37.780 Okay.

00:16:38.340 We're going to get to the visas, the HB1Vs. 1.00

00:16:42.560 I'm going to get there.

00:16:44.620 But we've got to lay the groundwork for this first.

00:16:48.720 Because part of this, and this is very important for you to understand because you're the shock troops.

00:16:57.080 It's important every now and again, I think, that Central Bomber Command, you know, tell the shock troops,

00:17:01.560 hey, this is kind of the overall, this is kind of the overall plan.

00:17:07.920 And obviously, the railhead of that is the Oval Office and President Trump.

00:17:12.740 It goes without saying.

00:17:14.320 However, you've got to watch the inputs.

00:17:19.480 And I'm not so sure he's getting dealt with straight on some of the information he is.

00:17:23.300 Maybe he is.

00:17:25.060 I'm not feeling it.

00:17:26.040 But we'll get to that also in a little while.

00:17:28.120 Scott Besson, by the way, is going to be at the Fed in New York.

00:17:30.680 Remember, the Fed in New York is everything because that's where the trading desk of the Federal Reserve,

00:17:36.740 that's where we're selling these bonds every day, quote, unquote, printing money.

00:17:40.460 This is how you're paying for the $2 trillion deficit.

00:17:43.220 And let me just go on and say again, Charlie Gasparino.

00:17:46.720 And, you know, Charlie and I have had our moments and we've disagreed on a lot of things.

00:17:50.480 Charlie Gasparino is 100% correct.

00:17:53.020 And I put it back up on Getter last night.

00:17:55.400 This is one of the reasons you've got to get Getter because you get all my brilliant thoughts, you know, instantaneously.

00:18:03.940 Gasparino is right.

00:18:04.680 The 3%, which may be – I don't know if that's the target right now for inflation.

00:18:10.380 In full-spectrum energy dramas, the president is absolutely correct.

00:18:13.460 And supply chain corrections, absolutely correct to get costs down.

00:18:17.860 But when you have – when you're putting in a $2 trillion stimulus every year and old brother John Maynard Keynes tells us this is not the time you should be putting in a $2 trillion stimulus,

00:18:31.520 and he's the guy that thought it up on kind of classic economics, you're going to have embedded inflation.

00:18:40.000 What's the gospel we preached on this for, I don't know, starting in 2001 – or excuse me, 2021 when Biden had those plans coming out of the gate, right?

00:18:50.600 We said this is going to be inflationary, this is going to be inflationary, this is going to be inflationary.

00:18:54.760 What was it?

00:18:55.640 Inflationary.

00:18:58.180 Back to the courts because the economic piece here is of whole cloth.

00:19:04.720 To make America great again, one of the basic subsets of this, foundational elements, and this goes back to President Trump's book when he was a civilian.

00:19:21.900 He wrote a book that came out from Regnery Press I think in 2011.

00:19:29.760 I'm going to say in 2011, when people were talking about is this guy going to run for president against Obama, et cetera, et cetera.

00:19:36.480 I mean he was not a main topic of conversation, but it was out there.

00:19:41.280 And I think that is around the time Obama, I think, went after Trump at the White House Correspondents' Dinner.

00:19:51.140 President Trump came out with a book.

00:19:52.540 I believe the title of the book was Time to Get Tough, subtitle Make America Great Again.

00:19:59.760 It's a fantastic book.

00:20:04.020 We put it back out.

00:20:05.480 I think we republished it in paperback during the 16 campaign or shortly thereafter.

00:20:10.840 It's a fantastic book because it kind of lays out President Trump's theory of the case.

00:20:17.060 And you have to return to become a manufacturing hegemon, a manufacturing superpower,

00:20:22.280 because the concentrated forces of American industry came to a conclusion.

00:20:29.420 That conclusion was we've got to get high-value-added manufacturing out of the United States.

00:20:34.940 Number one, the workers cost too much now as far as wages go.

00:20:40.820 Number two, we've got to pay them a retirement.

00:20:44.640 Same reason they got Tej Gill off the balance sheet at the Pentagon.

00:20:48.260 We don't want to pay these guys health benefits, and we don't want to pay a pension, right?

00:20:53.120 The way Marty Bannon could have my mom, a housewife, the hardest job in the world, raising five hammerheads,

00:21:01.260 and on essentially a foreman's paycheck and then lower white collar later with a pension,

00:21:11.200 or as my dad said, benefits.

00:21:14.380 Drilled it into you.

00:21:17.120 Basically paying the health care for the kids.

00:21:21.160 Okay, they want to do that, and they want to get away from environmental,

00:21:23.780 because they can make China a dumping ground like they used to make the United States a dumping ground. 0.79

00:21:28.920 Why is that?

00:21:29.680 Because the effluent wasn't charged as a cost of production.

00:21:34.000 It was just free.

00:21:34.820 Boom, it's the commons.

00:21:35.820 Let's just dump it.

00:21:37.700 That's not capitalism.

00:21:39.920 And that's the system today the kids are rejecting.

00:21:42.300 This is corporatism.

00:21:45.200 At best, it's crony capitalism, but it's corporatism.

00:21:49.100 And these are rent seekers, and they're trying to be rent seekers.

00:21:51.960 And you can see this all over.

00:21:53.780 So I want to continue, though, because right now they have chop-blocked President Trump's tariff policies the entire way.

00:22:00.520 They've gone after his emergency powers, whether his emergency powers, the CEO of the country,

00:22:04.200 to fire guys and cut costs, cut spending, whether it's commander-in-chief to say we have an emergency on the southern border,

00:22:10.380 an invasion, and I'm going to start shipping guys home that are here illegally, back to their point of origin. 1.00

00:22:16.260 And particularly what drives them the craziest is President Trump as chief law enforcement officer and chief magistrate.

00:22:24.200 Let's continue on with MSNBC's analysis of President Trump's war on the judges.

00:22:29.560 Let's go ahead and hit it.

00:22:30.400 The judicial branch.

00:22:31.740 We need to go after them. 1.00

00:22:32.760 We need to beat them. 0.99

00:22:33.940 It's scary stuff. 0.97

00:22:35.160 It's really chilling.

00:22:36.260 This is one of the most dangerous and damaging things that's happening right now in our country,

00:22:40.000 is the disrespect for judges and the public calls for others to disrespect and disregard judges.

00:22:47.760 We have a Constitution that has three equal branches that all have a job to do,

00:22:52.400 and the job of the courts under our Constitution is to rein in the executive branch.

00:22:57.260 This administration does not accept that as a legitimate constitutional function of courts.

00:23:02.840 They seem to believe that it is the job of judges to get on board with

00:23:06.620 and rubber stamp the political agenda of the president.

00:23:10.020 That is absolutely not the case, and that is very dangerous to our democracy.

00:23:14.380 It is also very dangerous to the judges who are out there trying their best every single day to do the job that the...

00:23:21.260 Ma'am, lady, they're not looking for you to get on the political.

00:23:25.180 They want you to stay in just...

00:23:26.940 This is why the Supreme Court's reversing so many of these.

00:23:30.860 Just call the balls and strikes about the legality.

00:23:35.620 And this is where they hope to chop block him.

00:23:38.040 At every way, remember the whole first...

00:23:40.120 When you had the days of thunder, and we were flooding the zone every day?

00:23:47.600 Remember we talked about the judges, this is what they were going to try to run into court?

00:23:51.260 And we won the vast majority of those at the Supreme Court level.

00:23:57.300 Now, that is the commercial relationships, right?

00:24:01.840 And if they unwind that, if they unwind his emergency powers,

00:24:05.540 because what they called for is that, hey, we have an emergency around...

00:24:08.560 A national security emergency around manufacturing in this country from a national security basis.

00:24:16.180 And that's obvious.

00:24:17.540 We've gutted this country.

00:24:19.680 This is why Trump won in 16.

00:24:22.100 Hillary Clinton went...

00:24:22.880 Remember, she went down to Brazil, I think at the end, Stephen Miller.

00:24:26.880 And the guys made this magnificent, like, two-and-a-half-minute closing...

00:24:30.680 Our closing argument was an ad that I think was two-and-a-half minutes long.

00:24:33.680 Nobody had ever seen anything like it.

00:24:34.780 Not that we had a lot of money left over to even put it up on television, but it went viral.

00:24:40.320 Part of it's Hillary Clinton.

00:24:41.260 It was all Hillary Clinton, the globalist.

00:24:44.320 This is a populist movement.

00:24:45.780 This is economic nationalism.

00:24:48.840 What's...

00:24:49.460 The important things are twofold.

00:24:51.480 Number one, what is in the best interest of the United States of America?

00:24:54.520 Number two, but right there next to the wingman and number one, is what's in the best interest of American citizens.

00:25:04.160 Not foreigners. 1.00

00:25:05.680 Not foreign citizens. 1.00

00:25:07.300 Their country's got to take care of themselves.

00:25:08.980 And people, they should negotiate hard.

00:25:11.960 I've never whined at all about the Chinese Communist Party using rare earths.

00:25:15.640 Hell, the Wall Street and the corporatists sold it to them.

00:25:18.740 Does this remind you of Lenin's mocking the capitalists by saying, hey, you're going to sell us the rope with which we will hang you?

00:25:28.720 That was the rare earth situation.

00:25:31.520 Getting gun-decking the whole process to see if it was a national security to get over there so they could get the high value added or the heavy rare earths.

00:25:39.920 Things like Magnus.

00:25:41.280 Scott Besant, the Secretary of Treasury, just didn't randomly go down to some plant in Sumter, South Carolina.

00:25:47.440 He went down there for a reason.

00:25:48.560 And the show, hey, we're fighting back on this thing.

00:25:50.420 We're fighting back.

00:25:51.020 We're having a sense of urgency.

00:25:52.180 We're having that good old American stick-to-itiveness, ingenuity.

00:25:57.840 And why is it important to bring it back?

00:26:00.400 A guy named Tom Peters wrote a book that came out in the early 1990s that was the definitive book on how you run companies called In Search of Excellence.

00:26:14.300 That book had a theory of how you run a company.

00:26:18.860 And it wasn't by just the mathematics.

00:26:21.820 It wasn't by how you ran manufacturing companies.

00:26:24.300 It was based upon the lessons of Hewlett-Packard in the early days of Silicon Valley and all the way up to that current time.

00:26:32.220 And that was – and that was – and also Intel, I think, both of them.

00:26:38.360 That was management by wandering around.

00:26:41.660 Why?

00:26:42.280 Because you had the R&D shop.

00:26:44.200 You had the scientists and the technologists and the tech guys, the wizards.

00:26:50.660 They were in a shop in a location that was right near the manufacturing plant.

00:26:55.860 So management could go around, wander around the production line and see what's going on.

00:26:59.800 And so could the technology guys.

00:27:02.240 They were cheek by jowl.

00:27:03.520 And that's what led – when we finished with every day at noon or every hour segment, we finished with the – we finished with the right stuff.

00:27:14.400 The right stuff are about the test pilots and about the astronauts in the Mercury program.

00:27:20.700 It's their courage, their unbelievable courage.

00:27:23.640 That's why they had the right stuff.

00:27:25.420 They had that whole mix of American grit and tenacity and courage and optimism and can-do attitude.

00:27:35.420 If you're a homeowner, you need to listen to this.

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00:27:50.940 Use a fake notary stamp, pay a small fee with your county, and boom, your home title has been transferred out of your name.

00:27:59.420 Then they take out loans using your equity or even sell your property.

00:28:03.740 You won't even know it's happened until you get a collection or foreclosure notice.

00:28:10.640 So let me ask you, when was the last time you personally checked your home title?

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00:28:19.000 Sure, and that's exactly what scammers are counting on.

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00:28:56.200 Do it today.

00:28:56.780 The other part is obviously the big, beautiful bill and the supply-side tax cut.

00:29:08.580 So the supply-side tax cut, the trade policies converge on a massive program to redirect the American economy.

00:29:17.620 It has not been done since it started in the late 60s, 70s, 80s, but it picked up massive momentum after the Bush first Bush administration went over and bailed out the Chinese Communist Party in Tiananmen Square.

00:29:38.040 They said they sent General Scowcroft over, who is essentially their national security guru, to tell Deng Xiaoping and these guys, you've got to get it back in line.

00:29:48.560 You can't be killing 10,000, 20,000, 50,000 people in front of the world.

00:29:52.960 College students are putting up papier-mâché replicas of the Statue of Liberty because you want freedom.

00:29:58.600 Lao Bajing wants freedom.

00:30:00.520 They want to live a life in the most ancient society on earth, the Chinese society, that they can have the pursuit of happiness.

00:30:07.640 How about that?

00:30:10.380 Yeah, we didn't back their play.

00:30:12.160 Make sure you understand that.

00:30:13.340 The corporatists and the globalists did not back their play.

00:30:17.500 They were like, they weren't all great people, but the large majority of them were kind of like the revolutionary generation here.

00:30:25.760 They wanted to break out from totalitarian structure.

00:30:29.420 We didn't back their play, and that really began the turbocharge of shifting the arsenal of democracy to the Chinese Communist Party, the arsenal of democracy. 0.74

00:30:43.520 Essentially, the arsenal, the Industrial Revolution superpower that won World War I, that would be us.

00:30:51.880 They'd still be fighting World War I if the United States had not come in. 0.96

00:30:56.240 And World War II.

00:30:58.580 Full stop.

00:31:01.040 And the economic plan, and people talked about it.

00:31:03.640 Scott Bessing came on here for years.

00:31:06.580 It's one of the reasons he was on the short list to even be Secretary of Treasury because he had laid out what Trump's vision was, President Trump's was, to get a supply-side tax cut.

00:31:17.060 And Scott kept making the argument, this may be the last chance you'd get it.

00:31:21.040 Now, part of that, a big part of that, is you have to have a workforce that's ready to rumble.

00:31:27.560 And it is true, much of the high-value-added manufacturing, not all of it, there's some high-value-added manufacturing here.

00:31:33.980 A lot of the manufacturing has left for Asia.

00:31:38.100 Of course, all the people come in, no, no, no, no, it's all technology, technology taking the jobs, no.

00:31:42.860 Technology took certain parts of jobs as you're going to have automation.

00:31:45.760 But the bulk of it was shipped overseas by private equity, by Wall Street, by the corporatists.

00:31:54.800 Why?

00:31:55.280 Because they got higher returns.

00:31:56.980 This is not quantum mechanics.

00:31:58.780 They got higher returns.

00:32:00.780 They got higher returns.

00:32:02.040 Higher returns means higher equity prices.

00:32:04.220 They can pay off debt.

00:32:05.040 They leverage these things up.

00:32:06.060 They can pay off debt.

00:32:07.300 They blow it out.

00:32:08.460 They make the money.

00:32:09.500 And the devil catches the hindmost.

00:32:11.080 And that would be the American worker.

00:32:12.500 Who, until Trump came along, think about the decades, and you had Bush and these guys, they ran the exact same campaign as, what, Jack Cittarelli in New Jersey.

00:32:24.020 Tax cuts and, oh, government's too big.

00:32:26.640 We're not going to stop the growth of government, but we're going to bitch about it and bellyache about it and pretend to all conservative ink, the National Review and Tel Aviv Levin and the entire crew at Fox, that we're going to do something about it.

00:32:37.860 Think they did anything about it?

00:32:40.080 Think they did anything about the courts?

00:32:41.600 Think they did the hard pick and shovel work that Trump's doing every day?

00:32:46.420 And did I mention that Trump's not perfect?

00:32:48.900 He's an imperfect instrument.

00:32:51.080 But he's an instrument infused by divine providence.

00:32:55.440 If you had not had him and you didn't have him today, you wouldn't have anything.

00:33:01.180 And I realize there's some days and some comments that get you all worked up.

00:33:08.960 We're here to calm you down and say, let's keep, you know, this is, this is 12 o'clock high.

00:33:14.260 You're in a bombing run.

00:33:15.920 Stay focused.

00:33:18.300 Don't be, don't be getting off, you know, don't be getting off the main event here.

00:33:22.320 Now, about, with Christy Noem, and look, she's in charge of, you got, you got the terrorism thing, all that.

00:33:32.980 But, you know, she's got, you know, Stephen Miller and she's got Homan. 0.97

00:33:37.320 And her thing is to get, figure out how to not just seal the border, which we have sealed the border. 1.00

00:33:42.260 When they told you for years you couldn't do it, they've sealed the border.

00:33:45.020 And she's got, I don't know, there's over 2 million people have left.

00:33:49.620 Now, I don't know, it's 200,000 to 600,000 we deported and the rest are, have just left on their own

00:33:54.900 because now you see enforcement, you've sealed the border and you see enforcement, not just in the media,

00:33:59.280 but you see it on the streets of the sanctuary cities and or some of these raids in the company.

00:34:05.020 So people are going, hey, you know, the wages here are great, but I don't want to live like this.

00:34:09.360 I'm going to go home and figure it out.

00:34:12.900 Part of this issue, though, about the manufacturing base, no.

00:34:16.140 So I think we have to come up with a plan of how you cut foreign-born people with visas and people with green cards by, 1.00

00:34:24.660 let me throw a number out, 50% in 10 years.

00:34:27.680 How's that?

00:34:28.400 Let's just have a target.

00:34:29.380 Let's get together and have a target, and that's our target.

00:34:33.280 And that would not be giving, first of all, it would be blowing out the foreign students. 0.78

00:34:37.100 And if the colleges have based a business model upon foreign students paying top dollar, you know, $40,000 a year,

00:34:43.320 and an in-state, you know, Hispanic, black kid, white kid, Asian kid paying, I don't know, $15,000, $18,000,

00:34:50.860 and that gap, that arbitrage is how you're paying all these left-wing professors tenure.

00:34:56.800 Who's got tenure?

00:34:57.860 You got tenure in your job?

00:35:00.280 You got tenure in your job?

00:35:01.580 Even the president of these United States doesn't have tenure.

00:35:05.560 Hell, they impeached the guy twice, didn't remove him from office, they impeached him twice, 0.98

00:35:09.840 they tried to turf him out, and then they tried to kill him later, send him to prison, kill him later. 0.98

00:35:15.260 It's a whole, the whole college thing's another total scam.

00:35:19.100 You got the, somebody sent me the UCSD, I think University of California, San Diego,

00:35:23.100 I think, I don't know, it's the fifth top public university in the country.

00:35:25.980 It's another one of these public ivies.

00:35:27.400 They sent, I don't know, page 90 of some internal assessment they're doing about their math skills

00:35:34.600 of the basic student population shows up, let's say this, not great.

00:35:38.520 Now, that gets to the point where they talk about the advanced chip design.

00:35:43.320 Remember, the convergence on the singularity, advanced chip design.

00:35:46.520 This is what Jensen wants to send to, and David Sachs want to send to the Chinese Communist Party

00:35:53.740 into the companies because, of course, we've got to make a level playing field for people who are trying to kill us

00:35:57.640 and are in economic warfare with us, and that, oh, we can't have any regulations.

00:36:02.900 There can be no regulations.

00:36:04.040 No, if you put a regulation on us like a hair salon on Capitol Hill to get your hair braided

00:36:08.840 or to get your nails done, if you put in that level of regulation on AI,

00:36:15.080 oh, man, they freak out.

00:36:16.920 You're a decelerationist.

00:36:19.420 And remember, in the movie Mountainhead, they try to murder, the guy just mentions,

00:36:24.320 hey, maybe this thing, maybe, you know, we take a second look, maybe slow down.

00:36:27.960 They try to kill him.

00:36:30.320 The Elon Musk character and the Steve Jobs character and the Zuckerberg character.

00:36:40.760 So this is where we are, and you've got, now Scott Besson throws a whole different one,

00:36:44.200 a whole other thing out there.

00:36:45.320 Hey, whoa, whoa, whoa, whoa, whoa.

00:36:46.660 We're just bringing them in for a couple years to train,

00:36:48.280 so it's going to be specific industries where we're actually lacking just the craftsmen.

00:36:54.200 They're going to trade.

00:36:54.760 And I don't think, and people in Georgia got to correct me if I'm wrong.

00:36:58.120 I'm not so sure the battery situation in Georgia was just bringing in the best guys to train people,

00:37:04.920 and then they're going to go home.

00:37:07.000 My understanding, and maybe my facts are wrong, but I don't think so.

00:37:10.460 My understanding was local folks in Georgia notified people because the poor South Koreans were living,

00:37:18.180 I don't know, 10 to a room, like they want the HB-1B guys.

00:37:22.120 They didn't, I don't think they had the official visas.

00:37:24.440 And they may have been training guys, but I don't think the program was like,

00:37:28.140 hey, they're just here to help us and train us, and then they're leaving.

00:37:30.680 I think they were here as indentured servants because that's what the HB-1, 1.00

00:37:36.200 the H-1B program is indentured servitude to basically compete against Americans,

00:37:44.060 take jobs at lower wages and probably less benefits because the people can't raise their hand and say,

00:37:51.260 hey, I don't think I'm being treated fairly because you're going to get turfed out of here 0.88

00:37:55.080 and your family's not going to get out of here.

00:37:56.460 So first off, on Christy Noem and all the visa programs, I think we've got enough folks.

00:38:04.260 I just think we've got enough folks for right now.

00:38:06.220 Until everybody gets a good, high-paying, high-value-added job,

00:38:09.880 particularly the 12 million people taking STEM have been STEM.

00:38:12.960 Remember, the STEM people are kind of the moral equivalent of what we celebrated for the last two days,

00:38:20.200 Veterans Day and the 250th of the Marine Corps, and then we did the Navy before that,

00:38:24.260 we did the Army before that in sequences.

00:38:26.280 They were set up by the Continental Congress 250 years ago.

00:38:31.820 These are people that have dedicated sometimes their entire lives, sometimes part of their life.

00:38:38.000 I mean, the Bannons, we're people that go in for seven or eight years, do a couple of tours,

00:38:43.320 and then punch back to civilian life.

00:38:48.280 Mo did this.

00:38:48.940 I did this.

00:38:49.560 My kid brother's a Navy pilot did it.

00:38:51.220 His wife, who was a Navy nurse, or corpsman.

00:38:54.120 I should say, every time I say Navy nurse, she's in my grill. 1.00

00:38:56.520 A Navy corpsman.

00:39:00.420 But you have other people that stay.

00:39:01.880 Some have stayed for one term.

00:39:02.680 But, hey, they take part of their life and dedicate the service to the country,

00:39:07.120 and obviously some people with the roll of the iron dice get into Chosin Reservoir

00:39:12.860 or the Tet Offensive or Second Fallujah or Najaf.

00:39:16.660 You get into these situations.

00:39:18.880 The STEM kids are kind of the – and what I'm saying is they have dedicated –

00:39:22.220 they're the ones in the third and fourth and fifth grade that aren't goofing off in math class,

00:39:27.500 are taking physics very seriously, that are paying attention.

00:39:31.620 They're near the top of their class.

00:39:35.200 They're very dedicated.

00:39:36.500 They have great math skills.

00:39:38.960 They're what you want in a very advanced industrial economy.

00:39:43.900 What is – I think the stat is we've got 12 million of those that are either unemployed,

00:39:49.480 have stopped looking for work, or are working at a job much lower than their skill set.

00:39:54.860 That's a national tragedy.

00:39:56.620 That has to be a priority.

00:39:58.240 To get those people back to work at good jobs is a priority.

00:40:02.060 We don't need foreigners to do that. 1.00

00:40:05.100 They still – and this is my problem with Lutnick.

00:40:07.780 Lutnick, who I don't think understands any of the trade deals he's on top of.

00:40:11.520 This is why it shouldn't be lost to you.

00:40:12.980 Anytime it's an important trade deal, all of a sudden you see Scott Besson kind of appear.

00:40:17.260 Right?

00:40:17.580 You see Scott Besson with the Chinese. 1.00

00:40:19.000 You know, Besson kind of appears because I think he understands the math.

00:40:23.140 And he's not a bond salesman.

00:40:24.640 He's not selling me anything.

00:40:26.540 You're negotiating a deal.

00:40:27.540 You know the details.

00:40:28.320 I'm not sure Lutnick's on top of any of those.

00:40:31.380 And particularly the single worst performance of any cabinet secretary was right there in the Oval Office a couple of months ago

00:40:38.100 where they bring out this new H-1B, which Rosemary Jenks, who's the hammer of all hammers, said, 0.98

00:40:43.500 hey, the administration is moving in the right direction.

00:40:46.340 This is the right direction.

00:40:47.380 And she's got stuff that she's going to reveal on Capitol Hill that's either more breathtaking than that.

00:40:52.000 Because I've always been adamant for 10, 15 years, you've got to get this program's a scam, total scam.

00:40:59.280 It's got to be gotten rid of, as is the student situation.

00:41:03.580 Well, Lutnick right there told the president was not just not wrong.

00:41:07.720 It was so bizarrely over the top wrong. 0.96

00:41:11.240 You realize that either A, he's just a bald-faced liar, but even this lie was too big. 0.98

00:41:16.760 He's just not particularly bright. 0.96

00:41:18.460 And he doesn't understand this.

00:41:19.640 Because the way he presented it, it was like 100,000 a year for five or six years.

00:41:24.840 We were essentially going to close the deficit, which should say, well, hey, hang on.

00:41:29.440 How many are you letting in?

00:41:33.220 But that's the situation right now.

00:41:34.900 With Scott now, I've got a whole new thing.

00:41:36.640 We're just coming here temporarily for shipbuilding, some weapons.

00:41:40.380 And the advanced chip design is a special category.

00:41:43.520 You know, some people have told me over the years, you need a place like Taiwan that has, you know, half the nation has 800 on their math scores, which we don't.

00:41:53.720 Because it's both an art, it's both a science and an art.

00:41:58.080 But we've got to see those numbers.

00:41:59.440 What are you talking about?

00:42:00.220 Now they're only going to be here for a couple of years.

00:42:02.440 Has anybody told the H-1B department that that's actually a case?

00:42:05.860 Secretary Besson?

00:42:06.640 I love it if they, well, let's say I don't love it, but I like it a lot more than what else I'm hearing.

00:42:12.860 Has anybody informed the guys that it's temporary, you're going to come over to train people up, and as soon as they're trained, you're leaving?

00:42:20.220 I don't think corporate America works like that.

00:42:22.220 I think as soon as they get cheap labor, you've got to go with the trenching tool and dig it out.

00:42:26.240 Because, hey, that adds to the operating income, which adds to the bottom line, which is going to mean a higher multiple and a higher stock price.

00:42:32.960 And guess what?

00:42:33.920 My management package is going to kick in, and I'm going to make a whole lot more money.

00:42:38.640 This is kind of Elon's deal on the batteries and all his, you know, every tax break that he wants.

00:42:44.640 Anyway, short commercial break.

00:42:45.900 We're going to continue on in the war room.

00:42:49.880 We will fight till they're all gone.

00:42:52.400 We rejoice when there's no more. 0.95

00:42:54.300 Let's take down the CCP.

00:42:57.060 What if he had the brightest mind in the war room delivering critical financial research every month?

00:43:02.960 Steve Bannon here.

00:43:04.560 War room listeners know Jim Rickards.

00:43:06.220 I love this guy.

00:43:07.680 He's our wise man, a former CIA, Pentagon, and White House advisor with an unmatched grasp of geopolitics and capital markets.

00:43:15.300 Jim predicted Trump's Electoral College victory exactly 312 to 226, down to the actual number itself.

00:43:24.560 Now he's issuing a dire warning about April 11th, a moment that could define Trump's presidency and your financial future.

00:43:31.680 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.

00:43:43.920 Right now, war room members get a free copy of Money GPT when they sign up for Strategic Intelligence.

00:43:50.520 This is Jim's flagship financial newsletter, Strategic Intelligence.

00:43:55.320 I read it.

00:43:56.380 You should read it.

00:43:57.400 Time is running out.

00:43:58.260 Go to RickardsWarRoom.com.

00:44:00.180 That's all one word, Rickards War Room.

00:44:02.100 Rickards with an S.

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00:44:05.980 That's RickardsWarRoom.com.

00:44:08.540 Do it today.

00:44:10.760 Here's your host, Stephen K. Mann.

00:44:14.680 Okay, so we got a lot to get through.

00:44:18.420 What is driving this?

00:44:20.120 What's driving this is the tech bros and the oligarchs.

00:44:22.260 Because their avarice has no bottom.

00:44:28.480 These people do not put this country first.

00:44:31.260 Most importantly, they don't put the citizens of this country first.

00:44:33.880 They think you are totally, completely disposable.

00:44:38.520 Two things happened.

00:44:39.540 Last week, we know from the Wall Street Journal, many things.

00:44:41.720 The Wall Street Journal has done some great reporting.

00:44:44.600 Yes, you heard that from Steve Bannon.

00:44:45.800 Some of the reporting is unbelievable.

00:44:46.840 It's the editorial direction of the Murdochs that I am always adamantly opposed to because they're always dead wrong.

00:44:54.460 Don't take it from me.

00:44:55.680 Look back over their recommendations, I don't know, the last 20 or 30 years.

00:45:01.320 But we talked about, it's just not about AI.

00:45:05.520 We're going to get to that back at the top of the hour, again, artificial intelligence.

00:45:08.400 It is about the underpinnings of that, and they announced that I think two of the four frontier companies are saying that they have reached human intelligence level.

00:45:19.600 If you look at the curve on that, if you look on the curve on that from the time chat GPT, because that was an inflection point where you get the actual response by talking.

00:45:33.080 That was a huge, internally to the AI, to artificial intelligence, a huge move.

00:45:38.020 If that's what shocked people, it had come that quickly.

00:45:40.280 They thought that might have been a decade away.

00:45:42.120 Well, guess what?

00:45:42.520 It wasn't.

00:45:43.640 If you look at what's happened since then, they're accelerating at an accelerating rate.

00:45:50.400 Now, I'm not saying that the economics of this makes sense.

00:45:53.460 I think you are seeing a little bit of a bubble where they're in a virtuous cycle.

00:45:56.900 One guy announces they're raising money.

00:45:59.140 He's going to buy chips, and they're going to buy, you know, they're going to use cloud computing.

00:46:03.960 You know, they're going to use the Amazon global cloud network.

00:46:07.900 So one announcement from one capital kind of goes through the system, and all the stocks run like it's all one central thing.

00:46:14.640 And you've got some smart people, a lot of people involved in shorting the market before the 2008 crash.

00:46:20.940 It kind of went through and understood how the derivatives were a house of cards.

00:46:25.900 I think Michael Burry and that crowd are now starting to short certain stocks.

00:46:29.520 And so that whole thing is maybe tenuous, but what's coming out is that they're making, in these frontier labs, of which we know nothing that's going on, they're making, it looks like, tremendous advances.

00:46:42.480 When they talk about, hey, we may be at the human intelligence level, your brain's a pretty special thing for human intelligence.

00:46:49.860 Why?

00:46:50.240 Because you're imbued with the power of God, because you're made in his image and likeness.

00:47:00.540 This is why Homo sapiens have kind of taken the lead from all the other species.

00:47:06.700 In addition to the fact you have an immortal soul, might I add, as a footnote, keep that in mind.

00:47:17.300 Particularly keep it in mind when you go back to, was it Mark 13?

00:47:21.100 You've got Christ basically bringing up the apostles or the disciples who are back from a trip where they're calling his powers, a power of the devil or Beelzebub.

00:47:31.880 He says, hey, you can do anything, but you mock the Holy Spirit, you blaspheme the Holy Spirit, that's an unforgivable sin.

00:47:39.140 This is coming from the Son of God.

00:47:40.780 Boom.

00:47:42.240 The second person in the Trinity is saying, hey, I can't help you.

00:47:45.540 Nobody can help you.

00:47:46.900 That's a pretty big, I'd take a number two pencil out and write that one down.

00:47:50.300 Let me remind, okay, let me, let me, let me get that and make sure that's always up on my dashboard so I remember that.

00:47:57.520 But people in Silicon Valley don't remember it because they never learned it, and they're not interested in learning it.

00:48:05.780 They care less.

00:48:07.100 They're going to do what they do.

00:48:09.700 Now, on top of it, the Wall Street Journal has been doing amazing, oh, by the way, that the Chinese Communist Party is doing everything possible to worm out of the deal on rare earths. 0.93

00:48:19.820 That you saw Scott Besson down in South Carolina a week ago.

00:48:24.680 They're trying to get everything, our military industrial complex, the production lines for our military can't get access to it.

00:48:32.580 Because, obviously, they are thinking of, they have a plan at some point in time, if they have to, to go kinetic in the South China Sea, in the Straits of Taiwan, in an invasion of Taiwan, to get their hands in those chip factories.

00:48:46.800 And you're not going to be able to ship them to Arizona soon enough.

00:48:51.460 That's going to take a while.

00:48:52.360 Part of that is workforce.

00:48:53.480 There's no doubt about that.

00:48:55.940 But I think, I think Secretary Besson, and maybe he does it today in the speech.

00:48:59.720 We're going to be covered.

00:49:00.420 They're running a little late, as is often the case.

00:49:03.220 He's out.

00:49:05.180 Can, we're going to go to break anyway.

00:49:07.200 Hmm?

00:49:08.240 We don't have the feed?

00:49:09.320 No.

00:49:09.860 Lost the feed.

00:49:10.520 We'll get it back.

00:49:11.480 We'll go to break at the top.

00:49:12.520 But, a story that we went into, I don't think anybody else covered it.

00:49:18.160 A huge story from the Wall Street Journal the other day.

00:49:21.080 I believe it was Friday.

00:49:22.380 Might have been Saturday.

00:49:25.160 It talked about, this is how these guys are like.

00:49:29.080 It talks about, I'm going to throw out a random name.

00:49:30.840 Sam Altman.

00:49:31.620 Oh, yeah, you mean the open, the chat GBT guy.

00:49:35.120 Open AI.

00:49:35.980 That guy.

00:49:36.440 The guy whose CFO says the other day, yeah, we want an ecosystem that's got private equity

00:49:43.820 and banks and everything.

00:49:44.560 But, you know, the government's got to have a role, you know, just for guarantees.

00:49:48.060 Particularly our debt, which could be hundreds of billions of dollars.

00:49:51.620 And then, of course, Zero Hedge had a magnificent article tied together about 10 things about

00:49:58.200 how the hundreds of billions of dollars, not just for the data centers, but now for the

00:50:01.700 energy, which they don't want to pay, which is going to drive your energy cost up.

00:50:05.800 So they're going to need some government reliance because so much money, they don't want to

00:50:09.140 raise it through equity because they'll get, wait for it, dilution.

00:50:13.160 Dilution.

00:50:15.500 So it turns out Sam Altman's got another side hustle.

00:50:18.980 He's involved in something with another great guy from Coinbase, I think it is.

00:50:23.500 Another tech bro.

00:50:25.020 A crypto guy.

00:50:26.780 And what are they doing?

00:50:28.520 It's illegal in this country, but they're designing basically genetically produced.

00:50:35.800 They're not just, they're doing biotech kids.

00:50:38.940 You heard of test tube babies?

00:50:40.320 These are genetic lab babies.

00:50:42.400 Where you can pick as a couple, the height, the weight, whether they have blue eyes.

00:50:49.480 Most importantly, hey, let's get him so the kid can throw a 98 mile an hour fastball.

00:50:54.320 Right?

00:50:54.760 Or jump.

00:50:55.240 If she wants it, if we want her to play volleyball or basketball, how about that? 0.52

00:50:58.780 How about tennis?

00:51:00.680 All of it.

00:51:01.440 By the way, let's plug in.

00:51:02.820 Can we plug in 130 IQ where we're at it?

00:51:06.400 Doing it right now.

00:51:07.560 And doing it in the dark of night.

00:51:09.000 And it was outed by the Wall Street Journal.

00:51:11.120 We're going to get that.

00:51:12.060 In Florida, they're fighting back.

00:51:13.460 And man, this blows their head up.

00:51:15.940 Local citizens, the plebes, the plebeians, the unwashed masses actually stepping forward here and say, well, hang on for a second.

00:51:24.120 But you're letting loose these bots, this technology on our children.

00:51:31.460 Maybe I got something to say about that.

00:51:33.880 Stick around.

00:51:34.780 We're going to also go to New York and try to get, if we can get our technical glitches worked out.

00:51:41.680 It's not RAV.

00:51:42.500 It's not War Room.

00:51:43.660 It's what's happening at the New York Fed.

00:51:45.660 Maybe the New York Fed doesn't want us to hear what Scott Besson says.

00:51:48.560 Who knows?

00:51:49.300 Could be a market changer today.

00:51:52.300 Birchgold.com.

00:51:53.060 Take your phone in and text Bannon, B-A-N-N-O-N, at 989898.

00:51:57.680 Get the ultimate guide for investing in precious metals and gold in the age of Trump.

00:52:03.080 And you get access to Philip Patrick and his magnificent team at Birchgold.

00:52:10.080 Okay, let's be honest.

00:52:11.040 You never thought it would get this far.

00:52:12.480 Maybe you missed the last IRS deadline or you haven't filed taxes in a while.

00:52:17.380 Let me be clear.

00:52:18.240 The IRS is cracking down harder than ever, and this ain't going to go away anytime soon.

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00:52:48.980 Even if your books are a mess or you haven't filed in years, Tax Network USA can help.

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00:52:57.580 Call Tax Network USA right now.

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00:53:00.600 Talk to a strategist and finally put this behind you.

00:53:05.280 Call 1-800-958-1000.

00:53:08.360 That's 1-800-958-1000.

00:53:11.660 Or visit tnusa.com slash Bannon.

00:53:15.240 Make sure you tell them Bannon you'll get a free evaluation.

00:53:18.020 That's 1-800-958-1000.

00:53:21.400 Do not let letters from the IRS or your failure to file work on your nerves anymore.

00:53:28.260 Take action, action, action, and do it today.

Bannon's War Room - November 12, 2025

Episode 4920： Lies Of H1B Visas; Putting America First The Forefront Of The Economy

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