Episode 4985: Live Coverage From Trump's Rally In Mt. Poco
Episode Stats
Summary
On this episode of the War Room, host Stephen K. B. Bannon sits down with the President of the United States, Donald Trump, to discuss his visit to Scranton, PA on Tuesday, 9/9/2019.
Transcript
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Pray for our enemies, because we're going medieval on these people.
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You've just not got a free shot at all these networks lying about the people.
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I know you've tried to do everything in the world to stop that,
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And where do people like that go to share the big lie?
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I wish in my soul, I wish that any of these people had a conscience.
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Ask yourself, what is my task and what is my purpose?
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If that answer is to save my country, this country will be saved.
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Okay, welcome. It's Tuesday, 9th, December, in the year of our Lord, 2025.
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You're looking there, right there, at the Mount Airy Casino.
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I guess the Poconos can see, but outside Scranton, Pennsylvania.
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We did all the analysis of, you know, he was Joe from Scranton.
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This is how they tried to make Biden a populist.
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It's a guy from Delaware, the corporate capital of America, Wilmington, Delaware.
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They would never allow that to be talked about in the 2020 campaign.
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If we have audio, as soon as we have audio, I want to hear the national anthem and all that.
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The president's going to go very cramped, jam-packed.
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If you saw earlier, massive trial to get in here.
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We'll go to the stage as soon as they're going to have some pregame.
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Scott Besson is there, the secretary of treasury.
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Please welcome local first responder, Kyle Kashuk.
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I am a born and raised Pennsylvania and working as a police officer and volunteer firefighter
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just 10 minutes away from my childhood home in Luzerne County.
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But for first responders, overtime is a reality of the job.
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Communities depend on us to be there in a crisis, whether it happens at Sunday at 3 p.m. or Tuesday at 3 a.m.
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I am proud of the work I do, and I'm happy to do it.
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But knowing now that this work isn't going to be taxed, well, that really goes a long way.
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Congressman Bresnahan helped pass the historic legislation President Trump signed
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that is going to put more money in the pockets of working families and first responders like me.
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Making overtime tax-free helps us stretch our paychecks further at a time when everything feels more expensive.
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The extra money in my pocket is going towards putting down roots, buying a house, and starting a family.
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We're going to try to get some helicopter shots.
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And, of course, the president is going to obviously, when he gets there, as we take you through these.
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Can we just take that down just one more notch?
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I'm going to produce, direct, and star in this today.
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We've also got Ernie Preet is going to join as soon as he gets up on the riser.
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There's going to be some talks beforehand, some commentary from local congressmen.
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Remember, there are two congressional seats in play up here.
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Scranton, geo-strategically, when you talk about national elections, it's kind of a bellwether.
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Pennsylvania is a swing state and a bellwether state.
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And, of course, Scranton has a strong America First following of the president.
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But they made a big deal about Joe Biden being the populist from Scranton.
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I think he spent a minute there when he was born, really from Delaware, the corporate box.
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The president today, and you saw in the background, when we go back to the shot, the establishing shot, I'll show you.
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They've got a phrase in the background about making prices lower, making prices affordable.
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Two things that this is going to talk about today.
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One is obviously affordability, but you don't want to walk into that trap because you have cumulative inflation under Biden at 21 percent.
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It's going to be very, very difficult to basically get those prices down, even with President Trump's full spectrum energy dominance, other things he's doing on the supply chain, direct action.
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It is possible to stop the rate of inflation or to get that down.
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And I think that's what the Secretary of Treasury, Scott Besson, is working on with the president.
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The other part, as we continue to say, I think the much bigger payoff, particularly if you look at the Secretary of Treasury, what he's telling us is that the big, beautiful bill, the supply-side tax cut, plus the trade and tariffs with – what do we have there?
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Okay, that's the – we took Air Force One up there, and now we've taken a helicopter in.
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our own brian glenn is with him we'll get a report uh let's go ahead and come back to me
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um we'll get to brian glenn as soon as we get him up on uh traveling with the president today
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this economic speech the president has made a decision to president trump is saying hey i've
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heard a lot of people talk and you know i'm not paying enough attention domestic i'm going to go
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on the road and sell this myself president trump i think feels that he's the best salesman for his
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economic program a big part of the sales uh the sales pitch today is to focus on what's happened
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on the big beautiful bill particularly on the investment side the capital investment to bring
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back manufacturing jobs obviously pennsylvania in the scranton area being a uh around a manufacturing
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hub this is very very important the the write-off uh president trump has given people the depreciation
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president trump has given people um the other is tariff and trade they're trying to blame inflation
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on tariffs nothing could be farther uh from the uh from the truth the tariffs are generating uh i think
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quite frankly very surprising returns to treasury scott benson will tell you that but that's not the
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purpose of the tariffs the tariffs are a forcing function to drive manufacturing back here to the
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united states from uh international uh companies and other countries uh you have to if you don't
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bring your manufacturing back to the united states you'll pay a you'll pay a tariff you'll pay a
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tolling fee to get access to the most lucrative consumer market in the world it's just pretty
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straightforward those are two massive bets we for 50 or 60 years we've allowed trade and manufacturing
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or really manufacturing to atrophy and therefore we've had these massive trade deficits and people
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on wall street and the elites just laughed at lou dobbs and others peter navarro myself and others
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to talk about trade deficits and how big i think the trade deficit is something like 24 trillion dollars
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right now and how they laugh that oh that's just an accounting convention it's not accounting convention
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that all has to be financed if you have negative trade balances somehow you've got to finance the
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purchases from the american people so that's basically your resources going out and stuff coming in
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you've got to uh you've got to balance that uh it's it's very logical it's fought all the time
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by wall street wall street hates to talk about it president trump is the first to really talk about it and
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this time in his second term he had the opportunity to do something about it now he's getting uh a full-on
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volley from uh the haters every day the economists uh the business types that hate uh that hate uh fair
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trade and want to go back to the system that we were just ripped off all the time president trump
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and the national security memorandum they just put on a friday talked about it's the first time really
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as we've said before you focus on your trade and uh and and and deficits along with uh your national
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security in nato we pay essentially we we underwrite their security and on all the trade deals over
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there we were upside down particularly as they as they negotiate uh a lot just on the the whole
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you're for the eu we were upside down and upside down with different nations and particularly on
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different things whether it's cars in germany or other manufactured goods that were made throughout
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the rest of europe and president trump says we're not going to do that anymore we're going to get a
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trade deal that's going to help balance what we do in paying for your national security and this
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national security memo they put out on thursday night friday morning he said hey look here's the
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problem we don't even know we have no idea who's going to be in charge in 30 years because we look
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at or 20 or 30 years because we look at what's happening to your countries we look at this flood
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of uh of illegal migration he said again to dasha burns on political and it has the entire european
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uh group uh with their heads blown up president trump that's why he's going to scranton today kicks
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off at least an end of year and you're going to see it next year at the beginning of the year
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president trump going on the road and explaining to the american people in a very straightforward
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language here's what i've done economically he gave him he gave himself a grade this morning for
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the economy of a plus plus plus plus uh and i like i said reporters talked about how could trump do that
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i said listen he is the architect he's the architect of of this economic plan scott besant and others
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navarro are kind of the engineers to come in and help execute on his plan but his plan is very
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straightforward he's going to make america great again by bringing back manufacturing uh jobs the
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united states how's he going to do that he's going to get capital invested in the united states he's going
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to give quite frankly very attractive tax benefits to companies that will invest now and invest in plant
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and equipment for high value added manufacturing jobs in addition on the world's commercial
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relationships and these trade deals he will go is from liberation day i think to april until today
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have teams you know howard lutnik leading some uh uh jameson greer the trade rep heading others scott
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besson secretary treasurer really working on the china deal to head those to make sure that he's trying
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to negotiate as rapidly as possible not over a number of years but within 10 months to a year
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trade deals that then give countries an option if you're going to invest here in the united states
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you can avoid the tariffs if you're not going to invest in the united states that's fine but you're
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going to pay a different tariff structure for different uh categories of uh of goods and service
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services now president trump keeps pointing to 18 trillion dollars has been agreed to
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to come and invest if even a trillion dollars that is spent in the first part of next year
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you're going to have an economic boom like this country's never seen before and you've had the
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corporations taking advantage of the tax benefits of the big beautiful bill not the you know not
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billionaires getting tax cuts companies incentivized to invest in plant equipment that workers today
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and in future generations are going to have a great great opportunity to really work
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and what america's best at high value added manufacturing of course now we're into this
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whole situation with artificial intelligence president trump who sees it one way is looking at
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uh at least as he's briefed by a jensen wong and these people that united states will dominate
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uh not just with us having these chips but with china actually having chips also now there's a lot of
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people that beg to differ with that uh we're going to have uh michael sobolik sobolik from the hudson
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institute next hour we're going to walk through details of what the chinese communist party's been
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up to so there's a lot of questions there anyway the president united states is in scranton
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pennsylvania and he is going to give an economic speech scott best and secretary of treasury is up
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there our own alexander preate brian glenn entire crew from real america's voice back in a moment
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let me be blunt gold is up around 40 this year that's not speculation that's reality and if a
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portion of your savings isn't diversified into gold you're missing the boat here's the facts
00:15:11.560
inflation still too high the u.s dollar is still too weak and the government debt is insurmountable
00:15:17.020
this is why central banks throughout the world are flocking to gold at record rates
00:15:22.880
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okay um getter i'm up all the time on getter we now have some we understand what we're doing here
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okay the president's running about an hour late i think um brian glenn took uh marine one with him
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from um i think the white house they're now an air force one it's not that long a trip it's pretty
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quick uh but i don't think the president's going to land until around six o'clock um so this will be a
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little those will be running a little later they were trying to get the president up on stage at
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6 10 i think we'll be running late 6 30 or beyond um the john solomon show will be showing all that
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uh we've got other guests uh we got to get to in the next hour um birch gold uh precious metals have
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been on fire crypto has been all over the place taking a real hit over the last six weeks i think it's
00:17:39.320
now time for you to fully understand why gold has been a hedge for 5 000 years of mankind's history
00:17:45.460
against times of financial turbulence we're clearly going through some financial turbulence
00:17:50.160
throughout the world this is why president trump's coming up today to address the folks in scranton
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pennsylvania which is one of the key parts when you look at any kind of electoral analysis how
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scranton goes is often how pennsylvania goes and so goes the nation pennsylvania is kind of like
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texas in that regard um the um so birch gold i think the best way to do it is take the phone out
00:18:17.320
and text bannon at bann989898 the ultimate guide you have no commitment when you get this none whatsoever
00:18:24.820
you can talk to phil and patrick and the team for free they also will show you 401ks iras all of it
00:18:30.740
tax deferred you can roll it all over but talk to them today and don't forget silver in fact they
00:18:35.860
have a special if you uh and birch gold does not do this a lot if you purchase a five thousand dollars
00:18:41.980
of uh of a gold purchase that they sign off on with them you will get they will throw in a free
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ounce of silver and silver has been on fire right now i think it's all-time high i think it broke 60
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check it out birchgold.com philip patrick the team ernie preate joins us from the arena there from
00:18:59.860
the casino mount airy casino in scranton pennsylvania first off uh ernie uh we couldn't
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catch up with you on your on the 250th uh anniversary of the united states marine corps
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before we talk about the speech and about scranton talk to us about the marines you were with that
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weekend uh a bunch of vietnam vets uh what uh what happened well thank you very much steve for having
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me back on and uh yeah we had our 250th anniversary uh the marine corps birthday on november 10th and
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we celebrated in philadelphia with my mike 37 combat unit from vietnam which i was a second lieutenant in
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and uh we had a great reunion and uh was attended by several generals who were from from our company that
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made it to the higher ranks lieutenant general paul van ryper and and brigadier general tom drowdy and
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uh the marine corps is uh in a state of flux right now and so we're trying to keep it to be the fighting
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force that it's always been for america preserving the sacred honor of this country it seems like
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every time they come to a budget the marine corps is always in flux so we'll make sure we have the
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marine corps back in this what was a general uh temper or take of the men that you served within
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vietnam and gave so much in vietnam about the state of the country today as they see it ernie
00:20:20.240
well we're we're the state of the country back then was we got home and nobody even wanted to
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talk to us they spit on us but now they want to talk to vietnam veterans because they seem like they
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have a lot of sense and went through a lot of hard times and the sacrifice so much we one of the
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you know 68 000 uh people were killed in the armed forces over there and so it was was not an
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insignificant uh battle for us but today the the the energy that we're seeing in in america is
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because it's president trump uh we're seeing republicans for example registering democrats
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in pennsylvania enormously we're almost tied with them now this is eight eight a couple three years
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ago we're 800 000 down now we're almost even uh the other thing that's important about pennsylvania
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is that we got farmers here and that farm bill is really important to us uh we needed to get that
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soybeans out there we need to get that sorghum and uh out to china and that was accomplished by
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president trump and the secretary besant did it was doing a terrific job in negotiating with the
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chinese the next thing we know is we've got all the uh the gas and in the world that we need here
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with the with the with the marcellus shale the utica shale it's right there we could be the energy
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capital of the whole world and all we have to do is build the ships to take it over europe and that's
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what we're going to try to do that's what scott besant did he got the south koreans to agree to
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use the philadelphia naval base as the reconstruction base for the for the building of these lng tankers
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have a whole convoy like we had in world war ii going over to europe and and just think about that
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you re-energize the south philadelphia naval base and you make it the the greatest naval base in in in in
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the east coast uh and it'll be the center point for bringing natural gas from pennsylvania over to
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europe and save them from the soviets that's those are just important things that we do that the
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president has done here in this country well talk to us about scranton why does everybody focus on
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scranton as you remember in 20 in 2016 when we were going to pierce the blue wall scrant was one of the
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places that we focused on we kind of caught clinton then by surprise because they didn't focus on
00:22:29.980
scranton in 2020 everybody focused on scranton it was the number one place people looked at
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joe biden made up this big legacy that he was joe from scranton uh etc why is scranton pennsylvania so
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important well scranton's important because it's a cross-section of america uh if you know you can
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sell it in scranton you can sell it anywhere but the important thing is here that we got people who are
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people who are poor and and we have people who are rich and we have people in between
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and it's a it's a good rural suburban area and it's important or as a bellwether as to what's
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going to happen in the economy right now we're still a little suffering here we still got prices
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too high the president's trying to address that we still got gas prices a little bit too high still
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got to address that still got inflation and the biggest thing is we still have interest rates that
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are too high and i hope the federal reserve tomorrow gets its act in gear and gets a cut side starts
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cutting those interest rates so we can sell more homes more people can buy mortgages what's the
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general temper of of voters right now in pennsylvania particularly people that supported
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president trump what what what how do they think we're doing well trump is trump is in a flux right
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now because he's made a lot of promises he's trying to deliver he's working to get them delivered
00:23:49.920
making these trade agreements all over the the world uh including with the chinese so he can get those
00:23:55.820
magnets to work our rare earth minerals those are important for us uh and and we have to have
00:24:01.680
we have to have the people recognize that what he's doing to try to bring peace to the world
00:24:07.420
is is significant for humanity uh and it's been it's been very difficult because he's doing so much
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he can all these other things that he's accomplished when get lost in the details and people don't
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recognize it but the the next year the most important thing i want to get across is this
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next year the the big beautiful bill kicks in oh the no taxes and the reduced taxes and most the
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other thing is this is that people forget about that there's a lot of refunds going to be coming
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back in in the first quarter of this coming year and that's going to be a tremendous stimulus to the
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economy and so so you're going to have the the big beautiful bill going into effect you're going to
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have the the uh the refunds coming back to people as a stimulus and you're going to have these trade
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agreements kicking in so by the second term second quarter of this coming year we're going to be a
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we're going to be roaring this country's going to be exploding and that's what president trump is in
00:25:01.520
he's in it for the long haul ernie this is also the president's coming up because there's two
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congressional districts up there they're vitally important for us to hold the house can you give
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us your assessment of the uh of the house race in pennsylvania in 2026
00:25:14.720
well rob bresnahan is a great congressman and dan music the great congressman up here and got a good
00:25:21.640
congressman down here in uh in the area around mount pocono so yeah we we have we have we have to
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keep those seats you only have a two-vote lead in the house and if we don't if we don't have that
00:25:32.420
you're not going to get anything in the way of reform done everything gets stalled so you got to win
00:25:37.620
those for those races and they're very competitive they're very strong candidates and they know how to
00:25:42.420
win they've proven that they know how to win we got a we got a congressman down in the york and uh
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area that's a scott perry that's uh in a big fight right now and and he has got we got to support these
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people so to make sure that they get elected so that we keep the majority in the house now there's
00:25:59.580
some redistricting going on in other states illinois texas and all of that that's important too but uh
00:26:05.860
with the californians are going to balance that so you got it's the it's the it's the it's the bread and
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butter state that pennsylvania is the keystone state that you got to rely on to produce the winner
00:26:16.580
and the winner is going to be president trump and american economy in america for the american people
00:26:22.080
ernie you've been an attorney general of the commonwealth of pennsylvania you know how tough
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that job is what would be your advice to pam bondy and others we got about a minute i want to hold you
00:26:32.240
through the break pam bondy and others about going after the deep state people are chomping at the bit
00:26:36.820
they want to see some arrests they want to see some prosecutions what's your advice
00:26:40.880
well i i think the world of pam bondy she's a great uh great attorney general down in florida
00:26:47.900
and it's a very effective spokesperson for the uh the law and order folks in in america and she's got
00:26:54.320
some good people working for her and i i think that she's give her you've got to give her a chance
00:26:59.280
my gosh she's only been in there six months and you know you make sure that you get your
00:27:03.260
your people lined up and then you can start to do the thing that you uh that you need to have a
00:27:08.440
accomplished for the law and order and the war on drugs i mean i i'm sorry but i just tell you this
00:27:14.720
you're traveling you're taking drugs from south america to america shoot them out about shoot
00:27:19.360
them out of the water that's uh i mean if we're going to have a war on drugs that's it that's what
00:27:24.560
it means you've got to stop the people that are bringing the killing substances to america
00:27:28.960
maybe you'll be a deterrence to turn ernie are you on social media are you on social media
00:27:37.000
uh no i'm not no i'm not okay i'm just ernie create lawyer and lawyer in scranton and uh
00:27:45.420
and i'm uh i'm still hey i'm hey steve i'm 85 years old if you're a homeowner you need to listen to
00:27:51.760
this in today's ai and cyber world scammers are stealing home titles with more ease than ever
00:27:59.000
and your equity is the target here's how it works criminals forge your signature on one document use
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a fake notary stamp pay small fee with your county and boom your home title has been transferred out of
00:28:12.480
your name then they take out loans using your equity or even sell your property you won't even
00:28:18.580
know it's happened until you get a collection or foreclosure foreclosure notice so let me ask you
00:28:25.860
when was the last time you personally checked your home title if you're like me the answer is never
00:28:33.300
and that's exactly what scammers are counting on that's why i trust home title lock use promo code steve
00:28:41.460
at home title lock dot com to make sure your title is still in your name you also get a free title
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history report plus a free 14 day trial of their million dollar triple lock protection that's 24 7
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monitoring of your title urgent alerts to any changes and if fraud should happen they'll spend up to one
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million dollars to fix it go to home title lock dot com now use promo code steve that's home title lock
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dot com promo code steve do it today okay let's be honest you never thought we'd get this far maybe
00:29:14.820
you missed the last irs deadline or you haven't filed taxes in a while let me be clear the irs is cracking
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down harder than ever and this ain't gonna go away anytime soon that's why you need tax network usa
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make sure you tell them bannon you'll get a free evaluation that's 1-800-958-1000 do not let letters
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from the irs or your failure to file work on your nerves anymore take action action action and do it
00:30:33.300
today go president trump signed the genesis mission this is a major initiative for the united states to
00:30:42.820
lead an ai to maintain our global superiority military technology economic ai is going to be
00:30:52.100
transformative for our country and we cannot be second behind china a biden administration or a harris
00:30:58.500
administration would guarantee we could not lead an ai because we'd be short of energy we'd have
00:31:05.140
inflation problems racking our country we'd have blackouts across the country today president trump
00:31:11.460
has stopped the closure of coal plants we pushed the anthracite coal from this region launched america
00:31:26.020
to the country we are today think about that and the biden administration did everything they could to
00:31:31.780
crush coal generated electricity coal mining coal exports to the world coal opportunity total and destructive
00:31:40.820
nonsense under president trump we have record high oil production record high natural gas production
00:31:48.180
soon we will start to see downward pressure on electricity prices and let me end i must yes
00:32:02.100
i take that as a sign that everyone prefers lower electricity prices over higher electricity prices
00:32:10.260
that's chris right that's chris right the uh that's our secretary of energy remember
00:32:18.020
when they talk about the uh the shale fields up there is that pennsylvania and part of new york
00:32:22.820
or saudi arabia natural gas we just got on with it you've got unlimited natural gas there um silver
00:32:30.740
through 60 bucks a ounce today pretty amazing gold on fire financial markets and turbulence and of course
00:32:38.260
tomorrow i think the fed's going to talk about rate cuts and this will be pals the last hurrah for for
00:32:43.300
pal the destruction he's done and obviously everybody in the know says they they completely miscalculate
00:32:49.700
the interest rates over there so he's been as president trump says too late pal but that'll be
00:32:55.060
tomorrow president trump is up going to give his economic speech i think running a little late uh but
00:32:59.380
he is going to have scott best and secretary of energy rights they're speaking right now
00:33:02.820
um birch gold go over there the key things to get to philip patrick team birchgold.com promo code
00:33:08.900
bannon get to birch you get access to philip patrick and his team and all the information tons of free
00:33:16.020
information you have no obligation none zero they want to make sure that you understand what you're
00:33:21.700
doing and then when you get into precious metals uh that you're in for the long haul and uh and they
00:33:26.500
can explain it all to you we've i think we start with them gold was a thousand bucks an ounce or
00:33:30.740
eleven hundred dollars an ounce wanted to make sure that we had a program that people that didn't
00:33:36.660
major in economics in college or didn't major in finance could understand it would be accessible as
00:33:42.100
we say they can learn and you can learn as you uh as you go and i think it's been quite successful
00:33:47.380
today make sure you go and get all the information birch gold and philip patrick comes on the show at
00:33:51.940
least once a week uh to talk to us talk about uh what's happening at capital markets so make sure that you
00:33:56.820
um that you uh that you uh go check it out check it out today scott bessen let's go back to the main
00:34:03.540
stage secretary treasury scott bessen good and the uh thank you all it's good to be back in pennsylvania
00:34:24.180
i hear scranton is sleepy joe biden's hometown but it's but as far as i can tell this is trump country
00:34:39.060
pennsylvanians elected president trump for a second term because they had had enough of a president who
00:34:44.660
put america last biden and his biden and his auto pen were the chief architects of the worst inflation
00:34:53.780
biden inflation in a generation his administration made life impossible expensive for american families
00:35:02.820
through a toxic mix of what i call the three eyes immigration interest rates and inflation
00:35:11.220
biden's immigration free-for-all was among the greatest abuses of power ever imposed on the american
00:35:22.900
by allowing 10 to 20 million illegal aliens into the country against the will of voters the last
00:35:30.180
administration stole both jobs and homes from american families home prices and rents soared as
00:35:38.820
millions of illegal aliens who were never supposed to be here in the first place competed for housing
00:35:45.300
and wages cratered from the glut of new labor supply biden's open borders effectively created a black market
00:35:54.820
in labor that kept wages for working americans artificially suppressed
00:36:01.460
thousands of our own citizens suddenly found themselves out of work or working a job that
00:36:07.220
barely paid the rent at the same time they saw their rent costs climbing higher why because they now
00:36:15.140
had to compete for a limited number of homes against a seemingly unlimited number of illegals
00:36:22.420
that's right donald trump stood above the endless stream of illegal immigration yelling stop stop
00:36:33.940
and this is why pennsylvania and americans voted for him in a landslide president trump promised to secure the border
00:36:47.620
and return american jobs and homes to american citizens through the largest deportation effort of the century
00:36:55.780
he has delivered on that promise in every day every way
00:37:01.860
common sense common sense simply closing the border our president is bringing an end to illegal
00:37:21.300
and his policies are already bearing fruit real wages across the country are up one percent on the year
00:37:28.980
the first time in four years we are witnessing a blue-collar boom with real wages for blue-collar workers
00:37:36.500
under president trump increasing at one of the fastest rates in the last half century
00:37:53.620
thanks to the president's efforts to clean up illegal immigration he is fixing high home cost as well
00:38:00.340
rents have come down significantly consider that the average national price of rent has
00:38:06.020
increased five percent since the peak of biden's immigration insanity
00:38:18.100
we expect average home prices to follow suit as deportations unlock more housing supply
00:38:25.700
the second eye that made life unbearable for american families under biden was interest rates which
00:38:32.020
climbed at an unprecedented rate while he was in office but president trump is fixing that too
00:38:39.300
high interest rates make life more expensive for american families but they are coming down under
00:38:45.220
president trump the bond market had its best year best year since 2020 and if i have anything to say about
00:38:52.980
it as your nation's top bond salesman bonds will have another strong year in 2026 as we fight to bring
00:39:10.180
lower treasury borrowing costs mean lower mortgage rates lower car payments and lower credit card bills
00:39:17.780
which all translates to greater buying power for all americans
00:39:21.460
the third eye that drove the cost of living crisis under biden was inflation
00:39:33.140
the previous administration ran up the highest deficit in u.s history outside of a recession or wartime
00:39:41.620
as a result inflation skyrocketed to a 40 year high as secretary right the highest in his lifetime in my lifetime
00:39:50.740
families watched their hard-earned savings melt away as prices of consumer goods climbed ever higher
00:39:59.220
as with immigration the biden administration stole from the american people through inflation
00:40:06.900
consider that 42 percent 42 percent of inflation under biden was triggered by his administration's
00:40:14.100
runaway deficit spending inflation is the ultimate stealth tax it's the government's way of spending money it
00:40:22.660
doesn't have and devaluing yours biden ran up america's credit card and left all of us here to foot the bill
00:40:32.020
in the form of higher prices and groceries gasoline clothes and other goods we depend on
00:40:40.260
this is just one more reason voters like you elected president trump president trump is stamping out
00:40:48.660
by inflation for good and we fully expect fully expected to roll down next year prices went up under biden
00:40:58.580
because his central planning policies created scarcity scarcity in nearly every sector of the economy
00:41:05.540
economy from housing and energy to credit and consumer goods this made inflation even worse than it would
00:41:12.740
have been as a result of deficit spending alone but where biden created scarcity president trump is creating
00:41:19.460
abundance thanks to president trump's efforts on deregulation america's businesses are able to build and
00:41:27.620
innovate innovate again thanks to his one big beautiful bill americans are taking home more of their hard-earned
00:41:35.940
income as a result of no tax and tips no tax on overtime no tax on social security and deductibility
00:41:44.100
of auto loans for american-made cars american-made cars
00:41:51.860
and and thanks to his heroic efforts in trade trillions of dollars in new investment have
00:41:58.980
flowed into the united states and our workers are finally able to compete on an even playing field
00:42:04.740
these these policies in combination are driving a boost in production that will lower the prices of
00:42:17.060
goods for all american in 2026 while also creating jobs and increasing incomes this is the formula for
00:42:24.420
prosperity lowering prices raising incomes every component of the trump economic agenda is in pursuit of these twin
00:42:41.380
goals under president trump scarcity is giving way to prosperity the benefits of his agenda are now
00:42:50.740
rippling through the economy and those ripples will become waves as his agenda gathers force in 2026
00:42:59.380
president trump has put a decisive end to the three eyes i would add a fourth one insanity under joe biden
00:43:09.940
our great president is ushering in a golden age economy by making america affordable again we're
00:43:23.780
grateful to have you with us and i look forward to the president speaking to all of you this evening
00:43:38.340
is that incredible see scott started here as a contributor giving a speech right there as secretary
00:43:44.580
treasurer is fantastic i think that summarizes it talks about both the affordability issue
00:43:49.780
it also look at that lower prices higher paychecks bigger paychecks that's good like domestic very
00:43:55.540
straightforward president trump kicks off his uh he's going to go around the country and sell his
00:44:01.620
economic plan he's the best to do it he realizes that he's going to take scott best on some of these
00:44:07.460
secretary rights secretary energy all of it very very very impressive uh do we have the can i play the
00:44:13.380
clip of um the president's running a little late i'm not sure the speech is going to start until 6 30
00:44:18.260
there'll be some congressmen and other people up do we have the uh do we have the clip is that ready
00:44:22.580
let me go ahead and play a clip this about the uh now the um uh the ai amnesty is out of the uh is
00:44:31.220
out of any of the bills at nda or any of the must pass or any of the appropriations bill they're now
00:44:36.260
going to try to craft some sort of executive order mike davis the um mike davis the viceroy is working
00:44:43.700
with the white house on this of course people have to see what the details are this is one of the spots
00:44:48.340
uh brendan uh stein stein house um made this for the group that he's got a lot of these are coming
00:44:54.900
out right now as we try to sort out what's happening with the ai amnesty let's go ahead and play it as
00:45:00.820
congress stalls on ai it's the states red and blue stepping up to protect americans texas banned
00:45:07.780
discriminatory ai and cracked down on deep fakes utah now requires you to be told when you're talking to
00:45:13.700
ai tennessee's elvis act protects your voice and likeness montana florida arkansas and pennsylvania
00:45:20.740
are all taking action to stop deep fakes block harmful ai systems and keep kids safe this is
00:45:26.180
what americans want across all ages and incomes americans are in support of states taking the
00:45:31.700
lead and keeping families safe new polling shows that 57 percent of americans oppose washington blocking
00:45:38.100
state ai laws only 19 support federal preemption my home state of texas they passed some meaningful
00:45:44.500
legislation to protect kids to prevent ai generated pornography they've prevented the
00:45:50.420
state from using ai for a social credit system let states protect their people from big tech ceos
00:45:56.820
tell washington hands off our state ai laws visit statesoverceos.com
00:46:02.260
i think one of the key things here is you just can't do these in the dark of night i mean the
00:46:08.340
david sachs and the berlgarks completely misled the president this could just be slipped in there
00:46:13.620
it's going to be easy it's not you have to have a discussion you have to have a debate about this
00:46:18.340
uh clearly it may be a little cumbersome to have these states uh do this but in the absence of
00:46:24.020
anything something's going to fill that vacuum and so there has to be some discussion at the federal
00:46:28.740
level exactly what you're talking about also the genesis mission chris right there the secretary
00:46:34.100
of energy said hey this we want to have ai dominance naturally but we have to understand
00:46:40.740
what that dominance is going to be and if we don't want the chinese communist party to be competitive
00:46:46.500
there are methods to do that number one you don't let jensen wong talk into selling high-end chips
00:46:52.020
they're a couple of years behind us right now there's certain aspects they may be ahead
00:46:56.340
but if you cut them off from equity capital you cut them off from debt capital you cut them off from
00:47:00.180
all the capital markets in the united states you cut them off to how to build the ecosystem what i mean
00:47:05.060
by the ecosystem the training the know-how the expertise the knowledge uh training these chinese
00:47:12.580
engineers in our own colleges and then have them go back to compete with us who does that
00:47:17.060
who does that would the chinese do that for us no they wouldn't would the chinese ever sell these
00:47:20.900
chips us if they if they had and we didn't no they wouldn't uh we're gonna have one of the
00:47:25.140
experts on next in the next hour to go through this in detail but this is a debate you have to have
00:47:31.940
you're just not gonna be able to slide it in and now i hope and i i think people that are
00:47:37.540
have a better big picture of this are now talking to the president i think the executive war was
00:47:42.980
supposed to be signed on friday it wasn't uh and clearly you want to dominate uh artificial intelligence
00:47:48.900
on that there's no question but you also have to have guardrails for what the these institutions uh
00:47:55.540
particularly the four frontier labs of altman and musk and these people are doing and what they're
00:48:02.100
doing with your money now i might add there's a there's it's out today i've got to verify the math
00:48:07.940
but they're talking about spacex and elmo got all upset that uh i said hey we're going to take 50
00:48:15.380
percent of the equity on an 800 billion valuation hello they're talking about the valuation today
00:48:21.220
and the starlink is part of it at 1.5 trillion dollars this is why jacob isaacman is now is or
00:48:29.300
they're going to go get confirmed as head of nasa that whole game has been exposed because elmo elon's
00:48:34.820
got to have somebody that can sit there and give him almost a hundred percent i think 97 launch capacity
00:48:40.980
over at nasa this thing started it was five billion dollars 50 billion dollars and look he's got an
00:48:48.100
aip so i'm sure he's got the starlink piece it's we've got to break it all down but they're talking
00:48:52.420
about a valuation of 1.5 trillion dollars how much of that do you own how much of this you've been
00:48:58.580
underwriting with government contracts think about that for a second how much do you own and people
00:49:03.620
say well steve you can't be a social i'm not being a socialist we are actually capitalists what we
00:49:07.460
don't want this company to devolve into is wait for it crony capitalism or state capitalism kind
00:49:13.220
of like the chinese model kind of like elon's partners in tesla the chinese communist party
00:49:18.580
the way they roll so we're going to break all that down too we're going to make sure that you have
00:49:22.260
all the facts and all the information so that you can make rational decisions about all this um
00:49:30.500
let's go do we have uh do we have katherine o'neill katherine o'neill joins us entrepreneur par
00:49:35.540
excellent katherine i understand you're sold out of beef you're only doing subscriptions
00:49:40.500
first off tell us as an entrepreneur we had ernie create from scranton how tough is it right now with
00:49:46.180
interest rates where they are uh price costs where they are how tough is it to be an entrepreneur right
00:49:50.900
now it's great to see you steve it's been a while you look awesome um you know it's tough but we have a
00:49:58.740
really um incredible dedicated team and i think good employees go a long way for a business um so
00:50:07.860
i'm very blessed to have them uh and it makes a huge difference what um talk to me about are you
00:50:16.180
going to do any christmas special at all can you do any christmas specials given the fact that
00:50:20.820
beef is uh tough to come by now and uh and and by the way the subscription people that the war and
00:50:26.100
posse love it so much they signed up for the subscriptions so you haven't had any spot beef
00:50:30.820
to sell ma'am yeah well you know we've we've grown so well because of you guys the war room posse and
00:50:37.940
we're we're so thankful for our customers and we never wanted to get to the point where we're growing
00:50:44.020
so quickly that we compromise on quality um so we are you know we have a lot of subscribers now who are
00:50:50.900
you know they come back monthly and we take care of them but we have some other products that we're
00:50:56.420
launching one of them uh being our beef sticks which is the special today i think some of them
00:51:03.380
i believe some of your uh some of the war room posse have already tried the beef sticks but if you
00:51:08.260
haven't tried them yet if you go to our home page you'll see the worm special right on the home page
00:51:15.460
it's a 40 pack of beef sticks for 25 off code word code word war room um i'm telling you steve these are
00:51:25.780
some of the best beef sticks you'll ever have uh we have two flavors original and jalapeno um i eat
00:51:33.780
probably two or three a day my daughter eats them um my husband eats them uh so it's a great a great
00:51:42.900
item for the family on the go uh for fitness people so if you use code word war room you'll get 25 off
00:51:52.020
those 40 basics it's a great view by the way people our production team here in the war room are are
00:51:58.020
addicted to them they're fantastic a great product now once again where do they go and what's the
00:52:02.740
discount yeah absolutely so maryweatherfarms.com go to the home page and you'll see war room special
00:52:10.100
right on the home page and you use code word war room for 25 off that 40 pack of beef sticks
00:52:16.980
and here we have them right here uh perfect original and jalapeno it's they're really i mean i i know i'm
00:52:24.900
biased but they're the best beef sticks on the market no i i vouch for the regular i will say one more
00:52:30.980
thing steve most of the beef sticks that you see in the retail stores or convenience stores are
00:52:38.900
actually made from foreign beef and we as you know are an american company all of our beef
00:52:45.860
is from the mountain west and born and raised in the united states clean etc so if you want real
00:52:52.820
american beef then you should buy from us don't buy any of those other crappy brands that are all foreign
00:52:59.060
beef only american beef for american carnivores how about that's a good tagline i'll talk to you about
00:53:06.820
that one later katherine o'neill you're hammering it man thank you so much thanks steve great to see
00:53:14.260
i'm gonna have katherine on next week and talk about how you get the subscription line now you
00:53:17.860
got to line up to get the in the subscriptions i told people that was going to happen the beef is that
00:53:23.540
good over at maryweather mike lindell the president united states is in scranton he's running a little late
00:53:29.540
you're having a lot of big name personages get up on that stage and talk about the economy
00:53:33.620
what's your what's your sense you're one of the top entrepreneurs in this country your sense of it
00:53:38.100
and what do you got for uh for the war and posse get access to to cut their costs on the christmas gifts
00:53:44.500
sir i know well right now we're having a big storm in minnesota in more ways than one and my employees
00:53:50.660
are working right through it as we speak and steve one of the biggest things that can be done for our
00:53:55.700
economy i believe is get the price of diesel down shipping is is still high everybody it's very high
00:54:02.660
this time over there this time of year they raise our shipping price if the president can do anything
00:54:08.100
to get the price of diesel down to get shipping now it's going to help the whole economy but in the
00:54:13.060
meantime we're giving you free shipping this is a war room exclusive this is probably when we're
00:54:18.260
getting down one of the last days we can do the free shipping to get you know for christmas
00:54:22.740
here but we're gonna do it today war room posse you get free shipping on your entire order we put
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all of our five flagship products on sale exclusive for the war room posse the best gifts ever you got
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the my slippers you got the towels you got the premium my pillows there you see the my crosses
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room everybody and get the my pillow mattress toppers get yourself a gift before that free
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mattresses mattress toppers and you call 800-873-1062 promo code war room today free shipping on your
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christmas gift for and the warranty goes all the way to the 60 day money back guarantee to march 1st
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2026 10 year warranty you guys made in the usa god bless thank you michael most powerful one in
00:55:23.860
the business we'll talk to you tomorrow stick around the war about the chips next in the war room
00:55:34.660
what if you had the brightest mind in the war room delivering critical financial research every month
00:55:39.860
steve bannon here war room listeners know jim records i love this guy he's our wise man a former cia
00:55:47.060
pentagon and white house advisor with an unmatched grasp of geopolitics and capital markets jim predicted
00:55:53.300
trump's electoral college victory exactly 312 to 226 down to the actual number itself now he's issuing
00:56:02.900
a dire warning about april 11th a moment that could define trump's presidency in your financial future
00:56:09.140
his latest book money gpt exposes how ai is setting the stage for financial chaos bank runs at
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lightning speeds algorithm driven crashes and even threats to national security right now war room
00:56:22.260
members get a free copy of money gpt when they sign up for strategic intelligence this is jim's flagship
00:56:29.460
financial newsletter strategic intelligence i read it you should read it time is running out go to
00:56:35.940
rickardswarroom.com that's all one word rickards war room records with an s go now and claim your free