00:00:00.000The NAACP almost immediately sued to block this effort from Tennessee.
00:00:04.920Can you give us a sense of what fighting back in this moment is going to look like?
00:00:09.840It's going to require that we remember we are the United States of America.
00:00:14.500And so we have to sit what Tennessee is doing next to the fight that's coming out of Louisiana,
00:00:19.060next to the fight that will follow in Mississippi and likely in South Carolina.
00:00:23.200We are watching in real time the restoration of the very laws that pretended racial neutrality but were intended to deny black and brown voters the right to participate in democracy, which is one of the principal goals of authoritarianism.0.74
00:00:41.020They do not want the people who may disagree with them to be heard.0.61
00:00:45.140And right now in the United States, race is the strongest predictor of political leanings.
00:00:50.980They get the partisanship, but they also get the white supremacy that they seek.
00:00:55.740And I sat in a hearing yesterday in Nashville, Tennessee, when one when the author of the legislation said, well, this is a conservative state.
00:01:03.580We should only have conservatives. And they intentionally erased the only black district, one of nine districts,
00:01:11.240the only one that allowed black Tennesseans to have some voice because they've already cracked Nashville.0.78
00:01:18.480But we have to remember, this is happening around the country, and it is part of an intentional nationwide pattern of behavior.0.93
00:01:26.060We can be angry about Tennessee, and we can laud the Tennesseans who have fought back so ably, but we've got to remember, they started in the South, but they're coming for everyone.0.91
00:01:34.640Race is a leading predictor. Y'all don't want to talk about DEI out there. Y'all don't want to talk about race.0.67
00:01:39.380But everything you do touches on all of that.0.99
00:01:41.900everything you're doing touches on all of that it's hitting black people upside the head it's0.99
00:01:47.940hitting brown people upside the head in their communities so what what are we talking about0.99
00:01:54.020here and and i love what you just said i mean you have this this legislator saying well this is a0.98
00:01:59.840conservative uh state right we should only have conservatives then why the hell y'all out here
00:02:05.920B word inserted, about California and New York and other liberal states, other blue states.
00:02:15.620So why are you so concerned about what they're doing? If, you know, Tennessee, Mississippi,
00:02:21.960Alabama, we're conservative, so we want all conservative. It doesn't matter that we got
00:02:26.200black and brown liberals, Democrat, Republican in our state. As long as they're not conservative,0.78
00:02:31.200they don't get to vote. They don't get the right to have a voice. What the hell are you talking
00:03:41.420So then he decided three days ago, OK, I'm going to try and break this blockade by calling it a humanitarian convoy, humanitarian corridor.
00:03:58.020Trump is trying to see what can put pressure on the Iranians to come to the table and make concessions fast.
00:04:05.920The Iranians know that and are willing to take the pain as long as the pain is distributed to everybody.0.63
00:04:13.960So when they fire, it's not like they're getting ships out.0.98
00:04:17.520What they're making sure is the strait is closed to everyone.
00:04:21.680Because by just a certain amount of violence, you know, some drones, some fast productivity, insurance companies are not going to be willing to insure oil tankers passing through the Gulf.
00:04:35.140So effectively, it shuts down this very important pipe of the global economy.0.99
00:04:40.520And the Iranians, in a sense, have an advantage because all they're trying to do is raise the insurance price.0.99
00:04:46.880Trump is trying to open up the strait for everyone, a much harder task.0.84
00:04:51.680You are in a safe place. You've got to start sending your resources, your support, and your intentions to the states that need your help.
00:04:58.740Do not abandon the South. They incubate evil here, but they farm it out everywhere.
00:05:04.280But we also incubate the solutions here, and we know we can win this fight.
00:05:08.660But yes, we've got to win in November, but that means showing up for primaries, that means showing up for the general,
00:05:13.740and then it means making sure we're paying attention in 27, in 28, and in 2030 when the census happens,
00:05:20.120because that's when they start this all over again.
00:05:22.680We can pull this off, but we've got to start fighting now
00:05:25.500because we're already behind, but we can catch up.
00:05:28.420I also think that, I mean, so this ballroom that he's building,
00:07:38.380And it all goes to show that over the course of the last two years, since we made that breakthrough in the general election, we have professionalised the party.
00:07:48.780We've done it at a very, very rapid rate. I'm thrilled and delighted.
00:07:53.900Yesterday morning at 2.41 a.m. at General Eisenhower's headquarters, General Jodl, the representative of the German high command and of Grand Admiral Dönitz, the designated head of the German state,
00:08:14.340signed the act of unconditional surrender
00:08:19.140of all German land, sea, and air forces in Europe
00:12:54.340Well, the Supreme Court ruled in our favor and did so rather emphatically
00:12:59.580and explained in its ruling that what the General Assembly had done was, in fact, unconstitutional,
00:13:06.500which was our contention from the outset.
00:13:10.020And it took a tremendous amount of courage for these justices to do this.
00:13:15.320And doing the right thing isn't always easy.
00:13:17.780And we are obviously very, very grateful that the court ruled in favor of the Virginia Constitution
00:13:22.920and in favor of the voters of Virginia, frankly.
00:13:27.180Is this putting high relief in front of the entire nation, how radical Spanberger in this radical legislature in the Commonwealth?
00:13:34.740Because this is the people that are going to rule you unless we stand up to them like the grassroots did in your amazing effort in the referendum.
00:13:42.840And I think many of the issues you brought up and pounded over and over again, these justices took to heart.
00:13:48.740But does this show once again how radical these Democrats are?
00:13:51.420they'll rip up any constitution, the U.S. Constitution or a state constitution to get power?
00:13:58.020Absolutely. It is part of their DNA at this point that their end goal doesn't matter as
00:14:07.420far as what the means are. They will just go ahead and plow forward regardless. And if it were not
00:14:14.940for a brave judiciary that's willing to actually look at the Constitution, and a lot of credit
00:17:21.000You saw right there, Tennessee, yesterday, I got Jeff Reier on the phone,
00:17:25.760chairman of the GOP, blockbuster news right out of Virginia.
00:17:29.120Caroline Wren, this is what it's about.
00:17:32.140It's between total anarchy of these Marxists and the rule of law and the Constitution.
00:17:37.180You saw the Constitution yesterday being upheld in Tennessee moments ago, the Constitution being upheld by the Supreme Court in the Commonwealth of Virginia, the Supreme Court itself upholding the Constitution a couple of weeks ago.
00:17:51.200It's a fight and it's not pretty, but we need the feckless Republicans in these other states, particularly Georgia, South Carolina, to understand that this is about the constitutional order and the grassroots are prepared to go into battle to defend this, ma'am.
00:18:05.160absolutely i do worry a little bit this ruling could get some of these squishy republicans
00:18:10.880to say okay you know now we can stand down absolutely not we have to go full speed ahead
00:18:16.040double down there are six seats still on the table actually there are there are 10 but georgia
00:18:21.640passed and i'm sorry to say that i give up but like kemp isn't going to move so those are four
00:18:26.700totally wasted seats that will have to live under an unconstitutional map until 2028 but again
00:18:32.540Louisiana they are still trying to decide to go for one or two go for two why would you go for one
00:18:39.140that is nuts go for two Alabama there are two seats up for grabs Alabama is trickier I'm putting
00:18:45.800less pressure and kind of throwing out firebombs on that one it has to do with lawsuits and how
00:18:50.560quickly they move one of the lawsuits would just have it refer back to a map that would make it a
00:18:54.660plus one if another lawsuit moves quick enough then it could be plus two so it is less about
00:18:59.580like calling your state legislators and more about the legal process. South Carolina next week,
00:19:04.800the House is debating it right now. The state Senate is going to take it up. The Democrats are
00:19:09.000using this ridiculous talking point saying, this is so great. This is actually going to be a dumb1.00
00:19:14.500mander and we could end up gaining two seats. I'm like, okay, if you really believe that,0.91
00:19:18.140then fine. The South Carolina state House is going to vote today. Then I expect every Democrat to
00:19:22.000vote for this. And then we actually don't have a problem when we can let the squishy yards vote.1.00
00:19:25.380No, because if you really think you're going to pick them up, then put your money where your
00:19:28.720mouth is vote yes so i've been calling them out today about that the reality is they use this play
00:19:34.340in tennessee everywhere else saying oh this is going to be good then when it passes they are
00:19:38.700just epiplected they are sobbing on the street i mean look at tennessee look at how unhinged they
00:19:45.100were the tennessee democrat party was saying oh trying to dare us go ahead try and do this we'll
00:19:49.960end up gaining two seats because you'll disperse out democrats among your other districts well
00:19:54.340Well, then it passes and they are literally losing their minds.
00:19:57.180So South Carolina, take note of the meltdown in Tennessee, because that is how the Democrats are going to be when you pass this next Tuesday.
00:20:18.740So one is to move the primary to August 11th.
00:20:21.940And then the other one would be debating the actual map.
00:20:25.900Then they have to go over to the state Senate, which is much more of a problem.
00:20:28.920We have several problem senators in the GOP, the South Carolina State Senate.
00:20:33.800You know, a lot of these just like they're similar to Indiana to where they are, you know, they either want things out of it or they don't watch the national news unless NPR is talking about it.
00:20:42.940They are unaware of, you know, the grassroots support of this.
00:20:46.080and so they need to understand that they will every single one of them that votes against this
00:20:50.680will have a primary challenger i will personally see to see to it i've done a lot of south carolina
00:20:55.560politics in my life and i have no problem coming and camping out there and running a primary against
00:21:00.820every single person that votes against redistricting in south carolina mark my words
00:21:05.460okay hang on a second we're gonna have a call to action for the posse and maybe just stick right
00:21:09.900there. Jeff Reier, the grassroots, I wanted you to see what happened in Tennessee. And people,
00:21:15.840it's like a five-minute clip that I played twice last night because people are so outraged about
00:21:20.760it. Because that's the difference. That's what we're talking about. It's either ruled by the
00:21:24.880savage mob or ruled by a constitutional order. Jeff, the amazing grassroots effort led by you
00:21:31.260in the Commonwealth of Virginia clearly influenced Judge Hurley in the Supreme Court. That's why
00:21:36.440these grassroots efforts are so important so people know, and particularly people in power
00:21:41.640know, that the basic working man and woman, the middle class man and woman out there are
00:21:46.980absolutely repulsed by these unconstitutional districts and will fight like hell to make
00:21:57.900And in our case, they were integral to the effort.
00:22:00.860At the beginning of this, there was an assumption that we were going to, that the forces that were against this were going to get wiped off the map by double digits and an overwhelming spending campaign on the part of the Democrats.
00:22:15.080But our grassroots rose to the challenge in a big way.
00:22:18.660And despite being heavily outspent, brought it to our best performance in the state since 2001.
00:22:28.540And actually, the election results showed why these districts were bad, because what ended up happening?
00:22:35.160The only place where the yes votes carried were places where Democratic votes were heavily concentrated in dense urban areas, disenfranchising half of the state.
00:22:47.720And I like to think that it helped to steal the resolve of the judges along the way to do the right thing, and they did.
00:22:56.880And we're grateful to them. But boy, we are very grateful to the effort that our grassroots put in and also to the help of the War Room Posse, which was integral to our success.
00:23:07.320They were with us before anybody else was helping. And it made it made a huge difference.
00:23:14.320Well, Jeff, thank you for the kind words. Steel Resolve, I think, is great. Your leadership is unbelievable. Where do people go?
00:23:20.840They want to find out more about this. This is Blockbuster. MSNBC is going to go into a couple of days of mourning here.
00:23:26.880And so we want to be able to mock them every second.
00:23:29.360Where do people go on your social media and to your website to find more about this great victory in the Commonwealth?
00:23:35.720Well, you can read the whole decision because we have posted it already on our X account.
00:23:41.140It's at capital V, capital A, underscore, capital G, capital O, capital P.
00:30:24.680The structural issues we're taking care of, that's what you're finding.0.91
00:30:27.700This is what this whole redistricting war is and everything about the voter integrity and, you know, making sure illegal aliens don't vote, all of that.
00:33:01.620I have four of my kids born there, and they've benefited from each of the things that he did in terms of creating construction and manufacturing jobs.
00:33:11.720And we need that times 10 for the nation as a whole.
00:33:15.400So I think the number this morning was good, but we can do a lot better.
00:33:22.160You know, Steve, there's two surveys they do out of the Department of Labor.
00:33:26.160These are technical issues, but they're really important.
00:33:28.640They go to companies, especially big companies, and ask how many jobs, and they're creating jobs.
00:33:34.320But then they also go to small businesses, the household survey, and ask people, do you have enough work?
00:33:40.300And the answer came back this morning, no, not enough.
00:33:44.800There was a minus 226,000 on the household survey this morning.
00:33:49.760So what my message is, we need this whole of government effort to have more training.
00:33:56.260And, you know, we need to start in grade school and junior high and high school, junior colleges, teaching people that they can have a really good wage by making America great.
00:34:09.180And that's a message, I think, that we've got to double down, triple down going into the midterms.
00:34:15.200Hang on. We had this program, a program like this started a couple of decades ago, in which we're going to change the entire elementary school system, all the grammar schools, everything to STEM.
00:34:25.240We're going to have to teach people math and technology and science.
00:35:19.020You know, China is still growing in its use of international organizations, which one thing that we've talked about here, the IMF and the World Bank is still getting bigger and bigger, which gives China an advantage.
00:35:31.800But as far as the skills, then, children will gravitate to where they can be successful.
00:35:39.920They have to be allowed to in the system. And we need programs coming out every month that are aligned with what President Trump wants to create the workers of the future.
00:35:54.800He did it with no tax on tips. Remember, that's very important because people were getting heavily taxed.
00:36:01.920The elderly are getting taxed when they take Social Security so they don't work.
00:36:06.020And so we want all those people in the labor force looking for jobs.
00:36:10.560And then I have no doubt they'll learn how to do AI and use it every day in their jobs.
00:36:34.680I guess the program of Operation Freedom kicked back in last night.
00:36:39.420We're going to do more convoy service, although Navy ships were fired upon, I think.
00:36:45.780President Trump struck back, but he said the ceasefire is not over.
00:36:49.500The Iranians have been doing nothing but smack-talking us on social media,
00:36:56.000and they sent their foreign minister over to meet with the Chinese Communist Party,0.68
00:36:59.540which is, I think, a direct slap in the face to the United States government and to President Trump.
00:37:04.680I do understand that President Trump heard enough nonsense out of Lula yesterday.
00:37:09.500They shut that whole thing out, which is a good start.
00:37:12.480That's a good pregame warm-up for the Beijing meeting.
00:37:17.820Tell me what's happened in the Gulf today.
00:37:20.340And I was just texting my guy who has one of my biggest oil traders who has access to that proprietary information, those Bloomberg terminals.
00:37:28.480And I asked him while you were saying this, because I forgot to ask him the vessel count.
00:37:32.600Remember, Steve, four days ago, it was 11. Three days ago, it was four. I'm sorry, two.
00:37:39.860Yesterday, it was exactly zero. And now today, it's seven. So seven vessels have transited the
00:37:45.480Gulf in 24 hours. Noteworthy that both the U.S. has fired on Iranian ships, and the Iranian ships
00:37:50.200have actually fired on a U.S., I believe, destroyer. I'm not sure what they hit. But President
00:37:56.120Trump this morning outside the White House, I guess in the North Lawn waiting to board Marine0.97
00:38:00.520what it looked like, said that, oh, it was a love tap by the Iranians, and then we pounded them into
00:38:05.420the bottom of the sea. All right, so the market opened $2 higher in crude oil, and it was very,0.99
00:38:11.960very nervously trading, very quiet trading. It's now slipped to lower. While I was on break with
00:38:16.920you, I'm going to do this for you, Steve, but only Stephen K. Bannon in the war room. I added to,
00:38:21.620I put in a very large, bearish position expecting oil to come down, maybe not in the next week or
00:38:27.700too, but a long-term bet for oil to become substantially lower while I was waiting to come
00:38:33.120on the show. No one else is going to give you that, my friend. But talking to these guys,
00:38:37.620I remember yesterday we spoke, I believe at the four o'clock handoff. I said, you know,
00:38:41.400these are the smartest people in the room in energy, in geopolitics, everything is because
00:38:46.900there's so much money on the line for these conglomerate oil companies. And they had shifted
00:38:51.540from a very bullish stance when we were at CPAC in Dallas to now telling me they're giving me
00:38:56.540this indication that maybe this thing has played out to the upside so far, and it may be
00:39:02.360retreating. I will tell you one thing about that economic number that got released today,
00:39:06.500the jobs report. Combine that with the 2% GDP growth, I believe it was last week or so,
00:39:12.560you have two very, very strong numbers. Now, David Malpass makes a very point. It's job growth.
00:39:17.140They were expecting 60,000. We got 113,000 ballpark, and that's good, but he would like
00:39:23.240to see a more broader growth because a lot of the growth happened in the AI space. And this is a
00:39:29.200very important little asterisk right here. The growth is in capital expenditure in the AI space
00:39:35.900in the midst of an Iranian war where oil prices are going up, which should put a damper on anything
00:39:42.820AI because AI just sucks in energy almost as much as transportation does. It'll get to the point
00:39:49.440where it may almost compete with transportation as the normal pull for crude oil, natural gas, and liquefied propane gases and others.0.85
00:40:00.300Is it obvious the way that Iranians are, because I don't believe, correct me if I'm wrong,
00:40:04.840I don't think we got the one pager yet, their draft or their markup.0.70
00:40:09.040Their strategy right now seems to me that they think it's to their advantage to drag this out as long as possible
00:40:16.660and to take this into the summer, into the midterm elections and try to force the American people to turn on President Trump and the Republican Party.0.64
00:40:25.860Because there's even even with the Persians being very careful, close to the best negotiators, this is we're not seeing a lot of momentum on this.0.54
00:40:34.980Correct. You agree with that? Yeah. Yeah, I agree with you.0.99
00:40:38.000I'll tell you one thing also that late last night, the CIA put out a report that said the
00:40:45.300Iranians are able to withstand the blockade for several months. Not weeks, several months. They
00:40:51.960have enough defensive firepower to withstand the blockade. So that tells me that they're not going
00:40:57.100to relent unless there's a deal. But Steve, at this point, I mean, you're right up against the ability
00:41:20.900you're gonna have a $4 or higher pump price,
00:41:24.740first number, into September, October.
00:41:29.320At this point, I have just come around to believe that now Trump should probably keep the blockade on, continue choking the Iranians out of their money, choking the Chinese out of their oil, and suck it up buttercup on midterms.
00:41:44.100because what you talked to us about with Caroline Wren
00:41:46.880is wildly, wildly, it's euphoric almost to think that
00:41:53.080in the midst of all this stuff going on
00:41:54.960and a high gas price, that there's a chance
00:41:56.960we could still recapture or maintain the House
00:48:55.380OK, hang on. Hang on. Hang on. Slow down. Slow down. Slow down. Slow down. You used to run the World Bank. You know, the IMF, you were number three going international. You've been saying for years that we we institutionally, the United States of America allows China to be treated institutionally like a like a developing nation.
00:49:15.640But I want to go to the heart of this because we've been making this argument about the end of the dollar empire.
00:49:20.000I don't want to see the end of the dollar empire unless people have a national conversation that we shouldn't be the prime reserve currency because things would change if we're not.
00:49:28.500And maybe people think some of us for the better.0.82
00:49:31.520But the BRICS nation, Lula and the Chinese Communist Party are maniacally focused on destroying the petrodollar in the Persian Gulf.