Bannon's War Room - Episode 5367： SPLC Business Of Monetizing Hate; Hate For MAHA Continues

00:00:00.000 tell we need a serious budget but we also need serious leadership and I will

00:00:06.500 say this there's one clear priority in Trump's overall budget and it isn't law

00:00:11.320 and order it is war because while Trump is proposing cuts to programs that really

00:00:16.120 do keep people safe he wants to increase war spending by half a trillion dollars

00:00:21.540 and I don't need to tell anyone here we are not going to bomb our way to safer

00:00:26.120 communities. So I intend to help rip that budget up and write bills that keep families safe. But

00:00:31.760 beyond that budget, we need serious leadership at the FBI that the American people can trust.

00:00:39.180 And I am deeply concerned about the reports that your leadership has not been serious. We need

00:00:44.980 somebody at this agency who's focused on solving criminal cases, not passing out branded bourbon

00:00:51.960 or jetting around the globe, your job is to be reachable.

00:00:55.840 And I know Senator Van Hollen asked you about this,

00:00:58.800 but I've got to say, if you want to pass out liquor or pop bottles in a locker room,

00:01:03.080 stick to podcasting, leave law and order to people

00:01:05.980 who really do care about justice and appearances.

00:01:08.660 That is really critical, and it's what I am really deeply concerned about,

00:01:13.700 and so are many people.

00:01:15.020 Thank you, Mr. Chairman.

00:01:16.100 Can I respond?

00:01:16.820 this is what real leadership looks like at the fbi every one of you was given it this is what's

00:01:26.020 happened under my tenure at the fbi and the trump administration 20 point drop in the homicide rate

00:01:30.960 45 000 violent offenders arrested last year twice as many as 2024 2450 criminal gangs disrupted

00:01:38.340 that's a 322 percent increase from 2024 6900 child victims have been located since i've been

00:01:45.380 in the seat. That's 144% increase. 2,900 child predators and human traffickers arrested. That's

00:01:51.180 a 70% increase. And we've arrested eight of the top 10 most wanted fugitives in the world in 14

00:01:56.440 months. That's twice as many in the four years combined. That is what the men and women of the

00:02:00.860 FBI are doing. Well-resourced. Everyone should take a look at this. If people want to continue

00:02:05.460 the baseless, fraudulent, false personal attacks at me, that's great. Keep the target on me, as

00:02:10.420 I've always said, but the mission has never been better. Unlike, unlike reports, the only person

00:02:17.040 that was slinging margaritas in El Salvador on the taxpayer dollar with a convicted gangbanging 0.74

00:02:21.520 rapist was you. The only person that ran up a $7,000 bar tab in Washington, D.C. at the lobby

00:02:27.600 was you. So the only individual in this room that had been drinking on taxpayer dime during the day

00:02:34.740 is you. Are you polygraphing? Director Patel, come on. These are serious allegations that were made

00:02:40.500 against you. They're a lawsuit that you filed. You drinking margaritas with a gang guy, you're

00:02:45.160 true and on video. You running a $7,000 bar tab at the lobby bar has been filed by your own office

00:02:51.700 to drink during the day. That's you. This is the ultimate example of hypocrisy.

00:02:57.600 I will not be tarnished by baseless allegations 0.61

00:03:00.000 and fraudulent statements from the media.

00:03:02.300 The fact that you mention that

00:03:04.220 indicates you don't know what you are talking about.

00:03:08.020 Now, here, Director...

00:03:08.780 The only thing I know is you're the one drinking margaritas with Feltz.

00:03:10.880 Actually, that's a false statement,

00:03:12.860 and I'm asking you about your statements.

00:03:16.040 I've answered that.

00:03:16.620 And I'm asking you about a particular report.

00:03:20.080 We have a lot of things to discuss.

00:03:22.460 I wouldn't say Iran is one of them, to be honest with you, 0.96

00:03:25.520 because we have iran very much under control we're either gonna make a deal or they're gonna 0.93

00:03:30.720 be decimated so one way or the other we win did the southern poverty law center just admit that

00:03:36.720 it's anti-christian a quick recap the spLC publishes a hate map that plots mainstream

00:03:42.560 conservative and christian groups alongside kkk chapters suggesting a similar hatred between

00:03:48.880 Klansmen and people who believe marriage is between one man and one woman. The FBI has cited

00:03:55.440 this map. Critics said the SPLC is anti-Christian. The SPLC said no. To clear up this major

00:04:02.020 misconception, the SPLC put this language on its website, noting that it doesn't put focus on the

00:04:07.660 family on the hate map. Well, this year, you guessed it, SPLC added focus on the family to

00:04:13.860 hate map. And that language clearing up the misconception disappeared from its website.

00:04:19.220 SPLC staffer RG Cravens went on to explain why they put Focus on the Family on the map.

00:04:25.620 And like other hate groups that SPLC lists, they weaponize Christian rhetoric against LGBTQ plus

00:04:30.900 people. And I think that's really important to mention because they sow division and ideas that

00:04:35.620 tear families apart by perpetuating political notions that LGBTQ people can't be, for example,

00:04:42.020 truly Christian unless they deny who they are. And that's one, just patently false. And two,

00:04:48.500 it's really dangerous because it sets families against one another.

00:04:51.860 So it's both false and dangerous to say that you can't be a Christian if you disagree with

00:04:57.620 the Bible and Christian tradition. You can't celebrate pride and be a Christian. And if

00:05:02.420 that's the standard for a hate group, then every right-thinking Christian church is a hate group.

00:05:08.420 What do you think? Is the SPLC anti-Christian?

00:05:13.080 Okay, a lot to get through.

00:05:14.200 The president wheels up en route to Alaska.

00:05:16.740 And then Beijing said right there in the, not going to discuss Iran.

00:05:21.860 Don't know about that, but we'll figure all that out.

00:05:24.780 Steve Portez and Philip Patrick are going to join us,

00:05:27.120 talk about the economics of all this and some of the numbers that came out today.

00:05:30.920 Also an update on South Carolina. We'll get to that in a moment.

00:05:33.940 And the redistricting wars, I want to start with Tyler O'Neill.

00:05:36.640 So, Tyler, in Alabama, I guess the attorney general of the state of Alabama is now engaged in this.

00:05:45.120 And we'll get to your article in a minute.

00:05:46.360 But just explain this little video that's up.

00:05:49.560 Explain to the audience what's going on with our favorite target, the Southern Poverty Law Center.

00:05:55.820 Yeah, so the SPLC is the worst of the worst.

00:05:58.920 I've long said they are the tip of the spear when it comes to demonizing conservatives and Christians in America today.

00:06:06.020 And that video particularly highlights one of the worst examples to me where, you know, I grew up listening to Adventures in Odyssey.

00:06:16.460 I think many of us on the conservative side know that Focus on the Family is this longstanding conservative Christian organization that calls for, you know, that pushes for family values, that encourages parents to raise their children in the admonition of the Lord.

00:06:35.020 And, you know, all of this is conservative Christian, but it's it's also it has implications and good lessons for those outside of the Christian community.

00:06:46.160 But, you know, the focus on the family is the longest, most well-known conservative Christian nonprofit in America.

00:06:54.640 And the SPLC for a long time said that they're not anti-Christian. And the only ever piece of

00:07:01.840 evidence they put for that was that they didn't put focus on the family on the hate map. So

00:07:07.440 essentially by their own reckoning now, you know, last year they put focus on the family on the

00:07:12.600 hate map. They deep sixed that language, protecting themselves from the anti-Christian charge.

00:07:18.520 And then they had this guy, R.G. Cravens, come out and justify putting focus on the hate map.

00:07:25.600 And his justification essentially says what we've all known for years, that the SPLC puts conservative Christian groups on the hate map for the sin of disagreeing with LGBTQ ideology.

00:07:41.800 Talk to me about what does this mean in Alabama with an attorney general?

00:07:46.040 Because you've been saying, hey, you've done the analysis, you wrote the book, you've come

00:07:49.900 out with these great articles, this piece right here about focus on the family.

00:07:54.720 But is there action?

00:07:56.260 You know, we had the federal issue, the warrants there, the indictments there.

00:08:01.820 But what about the state level, the state of Alabama getting involved here?

00:08:06.000 Because they're headquartered in Alabama, correct?

00:08:08.900 Yes.

00:08:09.520 So the SPLC's headquarters is in Montgomery.

00:08:11.920 Actually, this isn't the first attorney general to get involved after the indictment. First, we had Attorney General Udmeyer in Florida who filed an action here, also a subpoena demanding records for how the SPLC sells itself to donors and then where the SPLC takes that donor money and whether, you know, how much of that donor money ever went to these so-called informants.

00:08:39.500 Really, they're called field sources in the indictment. These are the members of the Ku Klux Klan and other groups that the SPLC says they exist to help dismantle. Where the SPLC was actually paying these people, the SPLC says that it was all just informants so that they could prevent violence from these people later on.

00:09:01.880 And they have a couple of examples where there were federal charges against people in these groups that the SPLC says this was a tip from an SPLC informant.

00:09:14.500 But the indictment also shows that, you know, people like an organizer of the Charlottesville Unite the Right rally were not just being paid by the SPLC, but also had their racist posts supervised by the SPLC.

00:09:30.340 So, you know, we have to see exactly what the full truth is. And that's why it's good that we have these attorneys general taking action in addition to the federal indictment demanding from the SPLC donors.

00:09:45.660 Because in these situations, the SPLC, it doesn't just stand accused of committing wire fraud and bank fraud and conspiracy, but the facts of the indictment, the pleadings in the indictment, lead to a reasonable suspicion that they're also violating deceptive practices acts on the state level.

00:10:10.080 So particularly in Florida, particularly in Alabama, the SPLC has other offices throughout the South.

00:10:17.000 So I'm I'm curious to see if there if we're going to see more attorneys general issuing these subpoenas.

00:10:24.320 But this one, since it is Alabama and the SPLC is headquartered there, really underscores how serious this investigation is.

00:10:33.180 The the the attorney general of Alabama could be very aggressive here, could they not?

00:10:38.500 I mean, it's their headquartered there. They're domiciled in Alabama. They have access to they could have access to all the information.

00:10:46.220 I mean, do you anticipate that they're going to take the cutting edge of this investigation, at least at the state level?

00:10:52.880 Yeah, I think, look, we have a deadline here of June 1st, where the SPLC has to hand over this information before the before the attorney general goes to court and gets a court order to mandate it.

00:11:07.860 I highly doubt the SPLC is just going to cooperate and turn over the information, but we'll have to see.

00:11:15.260 I mean, the SPLC are smart lawyers.

00:11:17.320 They're going to see exactly how they can massage this.

00:11:20.960 They've already hired Abby Lowell, by the way, to represent them on the federal level. 0.98

00:11:25.640 So we're going to have to see if they're fighting back on the state level as well.

00:11:31.240 Oh, no, they're going to hire the best.

00:11:33.400 How much cash are they sitting on, sir?

00:11:35.580 yeah they're sitting on and i think this is based on different parts of the 990 because i've always

00:11:43.940 been focused on this 740 million dollar figure that's their endowment i think there's another

00:11:50.300 section in the 990 that talks about 820 million dollars in either case this is an obscenely

00:11:57.400 wealthy organization and this organization you know they could run for years and years without

00:12:04.900 raising another cent. And they also have offshore accounts in the Cayman Islands. They have money

00:12:12.160 and investments offshore that raise a lot of serious questions. I mean, if you're a 501c3

00:12:17.580 nonprofit, why do you have offshore accounts? That's a question that I hope we're going to see

00:12:23.980 an answer to in this federal indictment and in the investigations following. But there are many

00:12:30.200 other things to look at the SPLC for. Particularly, there are also important defamation lawsuits

00:12:36.260 from the conservatives who have been branded hate groups and put on a hate map with chapters of the

00:12:42.220 Ku Klux Klan, essentially for disagreeing with the SPLC's agenda. Tyler, you're doing the Lord's

00:12:49.700 work here. Where do people go to keep up with all? Where do they go? You wrote the definitive book

00:12:53.960 on this. Where do they go to get all of your content, sir? Thanks so much, Steve. You can

00:12:59.680 follow me on acts at Tyler to the number two O'Neill, where you'll see there I have The Woketopus,

00:13:06.700 which is my newer book. But Making Hate Pay, The Corruption of the Southern Poverty Law Center

00:13:11.560 was my first book that I wrote it back in 2020. We have a new update about to come out. And I'm

00:13:19.220 in talks with the House Judiciary Committee to testify later this month. So stay tuned for that

00:13:26.560 as well. Fantastic. Tyler, doing a great job. Daily Signal, doing a great job. Thank you,

00:13:31.380 sir. Appreciate you. The merchants of hate at the Southern Poverty Law Center. Speaking of

00:13:38.720 merchants of hate, Mary Holland joins us. Mary, I got a minute on this side. I'm going to hold

00:13:42.660 you through the break. You're correct. You said the New York Times is obsessed with Bobby Kennedy

00:13:49.420 vaccines in defense of big pharma. Just talk to me about this article. We only got like

00:13:56.460 30 seconds i'm gonna hold you because this is too good you told me the last time you're on

00:14:01.280 that they have a unhealthy obsession with uh children's health defense vaccines in defense

00:14:09.960 of big farmer bobby kennedy and boy did you prove it they had another article they had the other day

00:14:14.940 just insane mary holland from children's health defense just like tyler o'neill these people are

00:14:21.860 hammering, hammering, hammering

00:14:24.020 every day. Philip Patrick's

00:14:25.980 also going to join us later in the show.

00:14:28.580 Birchgold.com

00:14:29.680 Promo code Bannon

00:14:32.120 I got that right? God, I blew that

00:14:34.100 this morning. Promo code Bannon.

00:14:35.960 End of the dollar empire.

00:14:38.160 I think that's going to be on the table

00:14:39.940 for discussions. Remember the Chinese Communist Party

00:14:42.160 trying to destroy the United States dollar. 0.97

00:14:44.660 Destroy the petrodollar.

00:14:46.680 President Trump says, hey, we're not going to discuss

00:14:48.260 a run. I don't know.

00:14:49.900 Never know what's going to happen.

00:14:51.300 Philip Patrick will be on later.

00:14:53.660 Short break.

00:14:54.400 Mary Holland next.

00:15:00.080 Everyone's focused on how the conflict in the Middle East is raising oil prices,

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00:16:24.380 out war room here's your host stephen k bann so mary holland joins us from the children's health

00:16:33.980 defense mary you're so nice you come on you've been coming on for years now i think five or six

00:16:39.440 years ever since the pandemic you um you're always you know you're so nice you're generous

00:16:44.480 you're calm your demeanor everything but you get you always hammer it when you left last time you

00:16:51.040 kind of had a toss away line you say you know because we're talking about the new york times

00:16:54.220 going to bobby kennedy and all the falsehoods in the reporting in their defense of big pharma and

00:16:58.780 you said hey you know they they have an unhealthy obsession with bobby kennedy and particularly in

00:17:04.480 defense of the undefensible, uh, this, uh, about vaccines, about defending big pharma.

00:17:10.480 And lo and behold, they come up, this is the folks, this is the headline of the New York

00:17:15.020 Times story.

00:17:16.280 RFK Jr. is driving a vast inquiry into vaccines, despite his public silence.

00:17:23.540 I said, Hey, the guy, he doesn't say anything and they still got to go after him.

00:17:27.500 Talk to me about this article, ma'am, because this shows you, you're correct.

00:17:31.760 They're unhinged about this topic.

00:17:33.400 Why is that?

00:17:34.480 This is vintage New York Times propaganda.

00:17:37.660 This is based on reporting from six anonymous sources.

00:17:42.880 Listen, they are basically a front for pharma here.

00:17:47.700 You know, we are living through a massive epidemic of vaccine injury.

00:17:51.840 We call it MEVY.

00:17:53.440 Half of kids are sick.

00:17:55.320 Over half of adults are on some kind of pharmaceutical product.

00:17:58.940 We have a chronic disease epidemic that the New York Times won't even talk about, Steve.

00:18:03.020 So instead, they're talking about, you know, his positions are unpopular.

00:18:08.500 And even if he's silent, he's got people working on this issue.

00:18:11.780 Guess who he has working on this, Steve?

00:18:13.600 He has Martin Kulldorff, who left his position at Harvard.

00:18:17.020 He's a biostatistician.

00:18:18.540 He is like even the opposition, even pharma says this guy is a top-not vaccine safety

00:18:24.940 scientist.

00:18:26.080 And what's so funny is the New York Times and pharma want to say the vaccines are safe

00:18:29.880 and effective.

00:18:30.320 They're safe and effective. 0.99

00:18:31.300 You know, these people are crazy.

00:18:33.020 you know what, if they're so safe and so effective, like, just let's take away the

00:18:36.860 liability shields. Let's just do away with the 1986 National Vaccine Injury Act. Let's just do

00:18:42.200 away with the PrEP Act of 2005. And we're all good. Because you know what, when there's no

00:18:46.820 liability shield for these products, they're going to be decimated by a market. Decimated.

00:18:52.640 That's the reality. But it's, this is what I think people, the disconnect, and even with me

00:18:57.760 sometimes. When we think of the New York Times, besides being the paper of record of our beloved

00:19:03.440 republic, it's liberal, it's progressive. Wasn't it years ago that they were the people warning

00:19:09.540 about big corporations and big pharma? How did it flip that MAGA, the working class and middle 0.73

00:19:16.460 class in this country are saying something's not right here, but the New York Times is obsessed 0.74

00:19:21.820 by protecting big pharma and quite frankly, not having a conversation, but destroying,

00:19:27.320 this is the politics and the media personal destruction. How did that flip when the most

00:19:32.540 progressive liberal paper in the country that used to, I thought, before I was in politics,

00:19:36.920 just go out to Big Pharma and all the big corporations all the time, they're now the

00:19:41.060 lead. They're the tip of the spear of going on offense to destroy anybody that would actually

00:19:46.120 bring this topic up. Steve, I think there's a book to be written there. I still am perplexed

00:19:52.700 by this transition. You know, I used to read the New York Times and think that it was really

00:19:57.940 based on fact. But being a parent of a young man with autism, I have followed the New York Times

00:20:05.420 on pharma and on autism for 25 years. It has never told the truth. It is always slanted.

00:20:12.920 And it is, I think, you know, it's a deep state project, right? This is government and pharma,

00:20:18.040 and then the media coming in, the universities, the medical profession, they're afraid of the

00:20:25.020 truth. They're afraid of the liability. They will be afraid that they will be shown to have been

00:20:30.420 complicit in this massive epidemic of vaccine injury. Vaccines are dysregulating people's

00:20:36.120 immune system. They're causing death. They're causing severe injuries of all kinds. COVID made

00:20:41.060 this much more obvious to the American public. But, you know, this isn't the first time that

00:20:45.440 medicine and government have been in collusion of really dangerous things like the opioid epidemic.

00:20:50.960 This is really a redux of the way that the opioid epidemic went down. So I don't know the exact way

00:20:58.280 in which it's shifted, but I can tell you that for the last 30 years, they've been miserable

00:21:03.260 on accountability for the vaccine injury that we see. But can the audience take that Bobby is,

00:21:11.420 there's a team there and we're still grinding through on all the objectives of President Trump

00:21:16.480 agrees with to get to the bottom of this vaccine problem? I believe that President Trump really

00:21:21.980 cares about the childhood vaccine schedule. I think he really cares about autism. I know that

00:21:27.980 Bobby Kennedy cares deeply about those issues. And Bobby has said, and he means it, if vaccines are

00:21:34.700 safe and effective, he's going to be the first person to take them. It's just that there's

00:21:39.460 ridiculous clinical trials. They don't test them against true placebos. There's no adverse event

00:21:44.820 reporting and there's no post-marketing real surveillance. So none of the pillars of safety

00:21:51.000 that you'd have to have for compulsory medicine with no liability, none of those safety provisions

00:21:56.720 are there. And that's why, you know, both Bobby and Trump, I think, really do want to get to the

00:22:02.160 bottom of this. Who wants to see babies be injured? And why can't we look at this and talk about this

00:22:07.940 as civilized adults. You've got to be suspicious when they're like, oh, everything is perfect.

00:22:13.960 We have a chronic disease epidemic, but it's not the compulsory medicine that has no liability. 0.95

00:22:18.680 I mean, it's ridiculous. And six anonymous sources. Perfect fake news, New York Times reporting. 0.52

00:22:26.060 OK, my other favorite, my other favorite Politico has not one. They have two. They have two articles

00:22:33.180 today. One, how Congress has shut you guys down on all the junk food issues that you want to do,

00:22:39.880 right, the processed foods. And number two, the entire rest of the Maha agenda is stalled on

00:22:45.180 Capitol Hill, and principally because the Maha movement, which is their new, you know,

00:22:50.060 the media's obsession, you literally have no political stroke. Your response, ma'am? 0.58

00:22:55.800 I think that's wishful thinking, Steve. I definitely think that the health freedom

00:23:01.100 movement is very strong and is only gaining members and gaining strength. Maha has been

00:23:07.180 more explicitly political. And I think you could say that there have been some fissures in MAGA,

00:23:13.400 Maha. I think you could legitimately say that. You cannot say that about the strength of the

00:23:18.700 health freedom movement. There are millions of Americans who are going to vote to be able to

00:23:23.620 make their own decisions about their own medical choices. And that's not changed one iota. And

00:23:29.420 they have every reason to be afraid of a multi-million person voting bloc when it comes

00:23:34.260 to health freedom. It's a tell when Politico puts some of their best reporters on it and they have

00:23:41.500 two in one day, in fact, two within a couple of hours. It shows you the powers that be in this

00:23:47.960 country. The corporate powers are quite concerned about what you guys are revving up. When I read

00:23:54.840 the articles, the polling is the exact opposite. It's almost like 50 percent of the people. This

00:23:59.080 is a number one top priority for them. So it's like at least 10 million people. This is a top

00:24:05.180 priority. It's an 80-20 issue that pharma should not have liability protection for vaccines. That's

00:24:11.920 an 80-20 issue based on a poll that Zogby did for Health Freedom Defense Fund and for Brownstone.

00:24:18.480 But Politico's own poll, Steve, like not three weeks ago, is that 46 percent of Americans do not approve of medical mandates and they don't trust mainstream vaccine science.

00:24:31.080 So we are so close to a tipping point.

00:24:33.760 So it's not so surprising that they'd be coming out with kind of, you know, misguided fake news right now because we are really getting to be a majority of the population.

00:24:43.120 uh mary where do people go to find out more about uh children's health defense all the work you're

00:24:49.780 doing i know you're putting up voluminous work you've got your own tv channel where do folks

00:24:53.700 go to get all your content thanks steve we go to childrenshealthdefense.org no apostrophe and

00:25:00.020 children's hd on x thank you ma'am i appreciate you appreciate you punching back thank you steve

00:25:07.960 appreciate you. This was just a story the other day about in Louisiana, that when the media

00:25:14.080 targets that you realize they've got a problem, they know something is building momentum. I tell

00:25:20.060 you the Make America Healthy Again and the health freedom movement is just at the very beginning

00:25:24.420 stages of building political power, but it is quite powerful and it's absolutely essential

00:25:30.840 for the midterm elections. So what they did the other day in Louisiana, oh, you never hear about

00:25:37.560 it it's internet thing i couldn't disagree more of course politico with uh with two of those

00:25:42.840 articles um in uh south carolina the vote is no okay that didn't agree to extend this session

00:25:51.800 to get uh have the possibility of having a special session i think the five we identified today

00:25:57.920 the five individuals we identified today all voted no we'll have more on that if i can't get

00:26:02.560 Caroline Renner de Grasso. In this hour, we'll have him back first thing in the morning. Also,

00:26:07.820 Orrin Cass is going to join us. We're going to talk about some economics. China. Also, there's

00:26:13.060 a housing bill that is coming forward now by the White House that's going to really focus on about

00:26:18.500 young people being able to buy their own house. So Steve Cortez, we had some inflation numbers

00:26:28.000 today. I know you've been running some math. Talk to me about, President Trump said, hey,

00:26:32.900 if this thing would have been 1.7 if we hadn't have gone to war, is that correct? Is he getting

00:26:39.140 the right information from a Navarro and Bessent in the team? Listen, I think the pre-war trajectory 0.97

00:26:45.200 for the economy was terrific. Real wages were growing very well, not as quickly as we wanted,

00:26:50.260 but we were going in the right direction, both on prices and in wages. And those are the two

00:26:54.640 things that matter most to most Americans, not the stock market, not asset prices. But

00:26:59.240 unfortunately, because of this war of choice, we're heading in the exact opposite direction

00:27:03.260 now. And real wages are now diving south in a very significant way. We got a very troubling

00:27:09.340 inflation report today. The bond market sold off hard in price, meaning yields up. 10-year

00:27:15.020 yield at 4.46 right now as we speak. As I've told you before, this has been the level that

00:27:20.100 has held the market in recent months, I believe we get above four and a half. We've got a very

00:27:25.180 serious problem. I think we quickly then get above 5%. 30 year yield is already above 5%. If we look

00:27:32.140 at most forward looking inflation gauges, and I'm talking real world ones, not, you know,

00:27:36.640 economist opinions, they are foreboding right now. So I think this just adds to the impetus

00:27:41.880 that we need to wrap up this war as quickly as possible. Because I do not believe that Americans 1.00

00:27:47.500 who are already in a foul economic mood pre-war

00:27:50.540 are going to long sustain this kind of economic pain

00:27:54.300 for a mission that has not been sold to them

00:27:56.740 as existential and truly necessary to the United States.

00:28:01.200 Yeah, I think that President Trump said

00:28:03.480 he was not going to discuss it in China.

00:28:06.260 I think the way you get a solution

00:28:07.600 that doesn't drag out through the midterms 1.00

00:28:10.040 because the Persians right now, 1.00

00:28:13.020 whether they do or not, 0.63

00:28:14.200 they believe they have the upper hand

00:28:15.620 and they're going to try to drag this thing out

00:28:17.000 as long as possible. Philip Patrick and Birch Gold, Steve Cortez on economics and capital markets

00:28:22.320 on the other side. The dollar's convertibility into gold ended in 1971. Gold was fixed at $35

00:28:29.720 an ounce. Well, fast forward to today, and the U.S. dollar has lost over 85% of its purchasing

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00:29:49.260 Here's your host, Stephen K. Bannon.

00:29:52.820 Sam Faddis, you dealt with the Persians for much of your career in service to your country, including a lot in country. 0.51

00:29:59.000 You wrote something on N Magazine the other day that I think would be a great thing for President Trump having his back pocket when he sat down with Xi about what his battle plan is. 0.79

00:30:07.260 Can you walk us through your recommendations to the President of the United States of dealing with the Iranians, sir? 0.95

00:30:13.020 Yeah, look, the bottom line here, Steve, in my opinion, is we're not hurting these guys enough. 1.00

00:30:17.580 We imposed a blockade. We're waiting for them to come to the table and make a deal. They just

00:30:22.100 told us to pound sand again. So as I wrote the article, go for the jugular, up the pain level

00:30:28.180 dramatically. They got six land border routes from Pakistan into Iran. The Chinese

00:30:33.860 are sending in everything to support the war effort. Look at every one of those routes,

00:30:39.320 take out bridges, take out the roadways, shut that off. They're moving oil out into Iraq,

00:30:45.600 they being the Iranians. They're mixing it with Iraqi oil, and then they're selling it with false 1.00

00:30:51.200 documents on the world market as Iraqi oil. So they're still getting money. Take out all of

00:31:00.820 those border crossings. I'm talking on the Iranian side. Shut them off. Seal off their land borders. 1.00

00:31:06.340 As of yesterday, there were something like 28 supertankers parked off the coast of Malaysia in this anchorage that are all carrying Iranian oil that they basically banked there before we blockaded the Straits. 0.98

00:31:22.940 And it's all being sold to the Chinese. 0.98

00:31:25.640 Seize every one of those tankers and sail it away and sell the oil and keep it for ourselves. 1.00

00:31:30.720 I mean, take down their comms internally, knock out television, knock out radio, impose a no-fly zone.

00:31:38.580 I have no idea why there are planes taking off and landing from Tehran Airport in the middle of this war.

00:31:45.460 Seal these guys off, cut off every contact with the outside world. 0.57

00:31:51.700 They think they can hold out longer than us right now.

00:31:54.540 We have to change that calculus.

00:31:55.920 One thing you brought up twice in this, Sam Faddis, is China, both in the overland routes, coming overland to supply them, because they ain't getting that from Azerbaijan or Kazakhstan, Kazakhstan.

00:32:10.040 They're getting it from the CCP.

00:32:12.340 Also, about this ghost fleet of ships that are somewhere, I don't know, around Indonesia.

00:32:17.900 That's also what they're using to supply the CCP with oil.

00:32:21.220 So is it your recommendation that the president should put that on the table and have a blunt conversation with Xi?

00:32:29.260 Yeah, 100 percent. There's no reason we should be dancing around.

00:32:32.460 I mean, the bottom line is the Iranians haven't missed a paycheck yet, the regime, because they stashed all this oil in these supertankers off the coast of Malaysia and Indonesia. 0.83

00:32:42.240 And it's about four months worth of oil they banked. 0.76

00:32:45.000 And they're selling it essentially 95 percent of it anyway to the Chinese.

00:32:49.300 So the Chinese are helping them make their rocket fuel.

00:32:53.180 They're giving them their electronics for their drones. 0.99

00:32:55.320 They're giving them the targeting data to kill our people. 1.00

00:32:59.240 And they're paying the Iranians. 1.00

00:33:02.160 They're keeping the regime afloat.

00:33:05.360 Is the Chinese Communist Party, Sam Fattis, given your professional experience in the CIA for 30 years, in your professional opinion,

00:33:14.540 is the chinese communist party a competitor or peer competitor to the uh united states are they 0.66

00:33:22.000 an enemy to the united states of america yeah without question they're an enemy we're at war 0.94

00:33:26.880 with these guys they started this war a long time ago and they're just keeping ramping up the level

00:33:32.060 i mean they are now actively helping the iranians kill and wound american servicemen uh we shouldn't

00:33:40.000 Why are we pretending otherwise?

00:33:41.940 Why are we pretending like the goal is to get along with them?

00:33:47.380 Captain James Fennell, you spent your professional career.

00:33:50.880 In fact, you gave up your career on this very topic, the Chinese Communist Party and their

00:33:56.400 military focus.

00:33:58.420 Do you agree with Sam Faddis that the Chinese Communist Party is not a peer competitor or

00:34:04.240 not trying to be a competitor to the United States? 0.99

00:34:05.960 they're an existential threat and an enemy of the of the lao baijing their own people 0.96

00:34:10.860 the citizens of this country and the united states of america 100 sam is correct and i was 0.97

00:34:19.020 working on a paper today and i was reviewing xi xi ping's 2021 speech in july for the 100th

00:34:27.240 anniversary of the chinese communist party and in that speech he says those who try to oppose us

00:34:33.480 we will bash their heads in on the steel of China. So he has made it very clear that he

00:34:40.400 opposes the United States of America and wants to confront us and defeat us. And that's what

00:34:45.620 he's working towards. He could help and stop Iran from doing what they're doing, but he's not going 0.99

00:34:51.960 to do it. He'd rather work around another way to get oil. As Sam said, he's got active reserves 0.88

00:34:59.620 there for several months. He's got his own strategic petroleum reserve that he's had built

00:35:04.580 up. So he would rather see us get mired down in that than do anything to help us. Just like with

00:35:10.520 fentanyl, just like with the economy, just like with every other issue, they are trying to destroy

00:35:16.940 us. It's not up for debate. It's not my words. It's their words. They're coming after us. And

00:35:23.240 I think President Trump understands that. And I think he's going to go over there in private

00:35:27.800 and remind them who's actually in control in terms of economic and military power.

00:35:33.520 And I think that's the hope that I have for this visit.

00:35:36.280 I wish he wouldn't have gone, but he's going.

00:35:38.620 So I think he's going to go and remind them.

00:35:40.940 And I would suggest that what we saw, remember, in the first term when he had Xi in Mar-a-Lago

00:35:47.200 and he went up and took out Soleimani and put that in the face of Xi,

00:35:53.280 we could very well see everyone saying that Trump won't do anything with Iran kinetically

00:35:57.800 while he's in China. We very much well could see President Trump show that to Xi and say,

00:36:03.760 guess what? While I'm in your country, I'm going to restart kinetic operations. That's

00:36:07.520 entirely possible. And I hope he does it and does and follows the targeting plan that Sam

00:36:12.360 has laid out in that piece. And I would go one step farther and arc light all under Obama's

00:36:17.960 the whole street yeah hangers that wasn't it wasn't Soleimani that's where they hit the Syria

00:36:24.280 for the Syrian gas attack which turned out to be uh fallacious but it was uh at the time President

00:36:30.920 Trump was told it was true but that was where she was eating a piece of chocolate cake and

00:36:35.460 President Trump dropped it in Mar-a-Lago um Jack Posobiec do you agree uh Captain Fennell just said

00:36:42.980 that we're militarily and economically superior. President Trump's got those cards. The New York

00:36:48.280 Times, Wall Street Journal, everything I'm reading is that, oh, we're kind of the supplicant here.

00:36:52.400 We're on our back foot. The rise of China, China's manufacturing is incredible, et cetera,

00:36:58.880 et cetera, et cetera. Are the unhumans in the Chinese Communist Party superior to us, sir? 1.00

00:37:04.640 Steve, no, they're not superior to us. And it's really simple. They can't innovate the way that 0.93

00:37:09.500 we innovate. They can't create the way that we create. Their system is this unhuman system,

00:37:16.080 and that was built on the backs of the slave labor of the Chinese people, the slave labor of 0.99

00:37:21.840 the Lao Bai Jing, the slave labor of the hundreds of millions of Chinese people who are still living

00:37:27.520 in day-to-day poverty. They live in the shadows because of the hukou system, and they don't even

00:37:32.140 have papers to be able to work in places like Shanghai and Shenzhen, as opposed to these 0.95

00:37:36.320 impoverished areas, which are still all across the entire countryside. And there are protests

00:37:41.360 all the time within China that are put down. You don't hear about it because it doesn't make 0.99

00:37:46.280 any of the Western papers, but they do exist. And so that's why the CCP needs to continue

00:37:52.100 their crackdowns the way that they do internally. But if President Trump actually works to put the

00:38:00.140 american people to work by bringing our manufacturing flooding back bringing those

00:38:05.960 jobs flooding back down the mississippi river up to the great lakes like it used to be with 0.97

00:38:09.860 detroit and all the rest then we can be the ones in the driver's seat we have the money we are

00:38:16.880 currently the the consumer power but if we become the manufacturing power as well they get shut out

00:38:24.700 that's why decoupling is so important they try to play this game with raw earth by the way well

00:38:28.920 guess what? We just found massive lithium deposits in Appalachia. And guess where else is a huge

00:38:34.420 amount of rare earths? Greenland, baby. So you look at what President Trump is doing and you

00:38:39.620 put it all together. They don't have the leverage over us that they think they do. And all of this

00:38:45.400 pie in the sky stuff that's coming out of the, you know, the stenography that the Wall Street

00:38:50.520 Journal is doing for the U.S. Chamber of Commerce is just that. These are marketing plays. These are

00:38:56.080 pitches. This is what they want their wish casting for what they want Trump to do. But he has the

00:39:01.340 ability to put the American people and our country in the driver's seat, not just now, but for the

00:39:06.600 next hundred years of American growth. Jim, Captain Fennell, under Jack's point, you know,

00:39:13.720 the 2019 in May of 2019, the most important geopolitical month still in this century,

00:39:19.640 when the Chinese Communist Party said, no, we're going to decouple from the Americans because 0.75

00:39:23.280 Trump's too much, launch a bioweapon. Then they came in and took over 18 states. We know that 0.92

00:39:29.840 they took the voter rolls and got access to the voter rolls to defeat Trump. They were actively

00:39:33.320 engaged in trying to throw the 2020 election to Joe Biden because Joe Biden was on their payroll.

00:39:40.980 They're still trying to decouple today, yet the business delegation he took over there

00:39:46.020 are the people that want to triple down on some sort of unity of our two systems,

00:39:51.020 although the Chinese Communist Party doesn't play by the rules.

00:39:53.880 Your thoughts?

00:39:55.860 Right. That's the balancing act that I think the president has,

00:39:59.780 is he's got people that still want to do business internationally,

00:40:04.240 and they're still embedded in China.

00:40:06.800 So I think the president is trying to balance that out in terms of,

00:40:10.680 I've got to have some business there.

00:40:13.380 While we don't want to necessarily make ourselves dependent on China,

00:40:18.060 these companies obviously are there,

00:40:19.820 And then some of them are trying to get out. And so how do you get out without losing your entire company?

00:40:25.020 I think that'll be part of that process. But I think Jack is right.

00:40:29.120 We need to return manufacturing back to America and shut out China. 1.00

00:40:33.400 They are dependent upon us as consumers and the rest of the Western world as consumers. 0.99

00:40:38.480 And we need to shut that off. We need to shut them off from access from foreign domestic investment. 0.82

00:40:43.820 That's what they want. If you read everything that the Chinese have put out this last week and the run up to this summit, 0.96

00:40:49.040 It's been two things. FDI, they want cash, they want U.S. dollars, and they want some kind of statement on Taiwan.

00:40:57.440 And I don't think we should give them either one.

00:41:01.520 Sam Faddis, the intelligence services, what do you think the intelligence, how they frame this, particularly in Taiwan?

00:41:06.880 Do you think that they're telling them, oh, there is some rhetorical, there are some rhetorical softening you can have with Taiwan without triggering a crisis?

00:41:19.040 God, I hope not, Steve, but, you know, given what the IC has been doing, entirely possible.

00:41:26.900 I mean, look, one of the things we're definitely going to get pressure from Xi is to soften and begin to back away from Taiwan. 0.87

00:41:36.780 so if he doesn't invade he can at least shove them into a taking the hong kong bargain right

00:41:44.960 which is the infamous one nation two systems lie that he foisted on hong kong and then uh obviously

00:41:54.040 we know what happens there so like there shouldn't be any softening on softening on anything i mean

00:42:01.180 we we need to be going the other direction taking a harder line with these guys and be prepared and

00:42:06.620 just recognize the reality. They started a war with us a long time ago.

00:42:13.340 Jim, for now, we've got about a minute. I'm going to hold you guys through the break.

00:42:17.440 If we soften the rhetoric at all our defense of Taiwan, do we jeopardize losing the entire

00:42:23.620 first island chain, sir? I think there's a risk to that in terms of perception. So I agree with

00:42:30.080 Sam. We should not weaken in any way. In fact, the Taiwans last Friday just passed a 25 billion

00:42:36.600 dollar, U.S. billion dollar procurement budget on their own to demonstrate to President Trump and I

00:42:42.440 think the administration that they're in on this, that they're willing to defend themselves. So I

00:42:46.860 don't see there's a need for us to back off. And given what we're seeing going on with Iran and 0.97

00:42:52.840 what's going on in the Ukraine, I think President Trump now can actually question in his mind

00:42:57.660 where maybe in the first term he thought, well, they'll never be able to defend Taiwan. The

00:43:02.580 Chinese can just take it. It's just right there. Well, maybe not. And so I think these other 1.00

00:43:07.120 events are providing him maybe some information to suggest that he can relate to Xi, which is to

00:43:13.160 say, hey, guess what? You're not going to be able to take Taiwan, and here's why, and run down the

00:43:17.800 list in private. Okay, hang on. We're going to hold you guys to the break. Chapter, you need to

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00:43:45.180 process. Do you owe back taxes or you haven't filed your taxes in years? Now is the time to

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00:45:32.600 Don't let the IRS be the first to act.

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00:45:40.980 War Room, here's your host, Stephen K. Bannon.

00:45:45.780 Okay, breaking news. The Supreme Court just supported the state of Missouri in the map, the redrawn map that we fought so hard for. I think there may be even another seat in Missouri. I'll get to that tomorrow. I'm going to have to grasp Caroline Wren to the degree we can free them up from the ramparts to be on on this redistricting war, folks. Bad news out of South Carolina, but there's still a way we can get to those six. Walk you through that tomorrow.

00:46:10.020 We started the show with one of our former hosts and colleagues and contributors, Cash Patel, getting hammered but giving as good as he got in the Senate today, which is pure cash.

00:46:21.780 In fact, he notified me and said, hey, that was pure war room there.

00:46:24.540 So that's why we played that great clip at the beginning.

00:46:26.800 We're going to end it today with also one of our contributors, the current Secretary of Treasury, Scott Besson.

00:46:32.540 Philip Patrick has been a contributor now for five or six years.

00:46:34.880 So there's a piece in The New York Times, and this piece is about how the U.S. is trying to ensure the dollar's dominance during economic turmoil, subheadling.

00:46:45.020 As the government has been devising plans to keep the dollar dominant, China has been making its own moves to increase global influence in the Chinese currency, the yuan.

00:46:55.000 You just said we used to have a monopoly.

00:46:56.980 scott besson is basically telling people that hey one of his principal responsibilities as

00:47:03.880 secretary treasurer is defense of the dollar as the prime reserve currency we are now in contested

00:47:09.860 dominance is that the is that the phrase you used is this the type of activity you expect to see

00:47:14.680 in a world where this is now contested dominance sir this is exactly and i think this story in on

00:47:22.220 itself was very telling, because it's saying now the quiet part out loud. We are actively fighting

00:47:27.960 now to defend the dollar's dominance. Besson's been discussing currency swap lines for a while.

00:47:35.580 I know we had a temporary one with Argentina. Now he's looking at it in the Gulf and Asia,

00:47:40.620 specifically now for the UAE, to make sure that they have access to enough US dollars for trade,

00:47:46.200 and particularly oil trade. What a swap line is for those who don't know, it's fairly simple.

00:47:53.180 We give another country dollars and in return, we get their local currency. And the idea is

00:47:58.960 instead of letting China, as you mentioned, come in and say, hey, you can use our Chinese yuan,

00:48:04.560 we kind of fill that gap. Now, the UAE isn't broke, right? They just don't have ready cash

00:48:10.400 right now. Obviously, oil sales are getting hit shorter term. So a swap line is a way to give them

00:48:17.800 liquidity today. Otherwise, they may choose to do something else, sell, for example, longer-term

00:48:24.160 US dollar exposure like treasuries, which would put significant pressure on the bond market. So

00:48:30.920 the point essentially is to keep the country inside of the dollar-based system. This is

00:48:36.740 definitely smart moves from Besson, right? This is economic statecraft in action. I think Trump

00:48:43.440 and Besson understand very well that when oil starts trading outside of the dollar, America

00:48:48.720 starts to lose enormous leverage. And as I've said before, it's really encouraging starting to see

00:48:54.980 the administration using carrots along with sticks. And Besson ultimately is doing what his number one

00:49:01.600 job is, which is to defend the US dollar. However, we have to understand that there are risks with

00:49:08.640 this as well. By defending the dollar, we do create more obligations for ourselves, right?

00:49:13.540 If Washington is constantly borrowing, constantly printing, constantly sanctioning, and now

00:49:18.660 backstopping foreign dollar markets, people eventually start to ask the question, how strong

00:49:24.820 is the dollar really if it needs defending in this way? Now, as we've said many times, China's not

00:49:31.360 replacing the dollar. The yuan has its own problems, lack of liquidity being probably the

00:49:37.700 major one. But the world is clearly now starting to look for alternatives. You can see it in gold,

00:49:44.860 you can see it in crypto, local currencies, bilateral trade systems. And that's why gold

00:49:50.160 is becoming more and more important. Dollars settle transactions, but gold settles trust

00:49:56.020 ultimately. So, you know, when confidence in paper system starts to fracture, central banks,

00:50:01.560 investors, they move towards assets that don't depend on promises. So that's why we're seeing

00:50:06.760 such an uptick in precious metals. It's why we're seeing central bank demand hitting record highs.

00:50:11.880 And like I said, I think what Besant is doing is very smart. And I think it's slowing down

00:50:18.140 what is, as time passes, starting to feel more and more inevitable. So he's working with the

00:50:24.740 tools he has. But like I said, the fact that we're having to defend the dollar shows us that the

00:50:30.240 problem is mounting. The problem is mounting, but this is why you're now in contestant dominance.

00:50:36.340 Scott, being very smart, made a big deal. Alexander Priya at his comms team made a very big deal that

00:50:42.020 he was not going on Air Force One with the president. He was going in advance and he was

00:50:46.440 going to Japan first and then South Korea to talk to the finance ministers. What signal did that

00:50:53.380 send to Beijing, sir? Listen, Beijing know that these guys know what they're doing. It's not a

00:50:59.940 fight that they want to get into. And ultimately, I think coordination is the way out. We still have

00:51:06.280 allies, Japan, South Korea. And I think ultimately, if we want to deal with the CCP, it's going to be

00:51:12.160 through strength and through alliance. So it's encouraging to see what Besson is doing.

00:51:17.320 This guy understands the problem better than almost anybody else. Like I said, I don't envy

00:51:22.920 his job. I couldn't do anywhere near as good a job as him. This is about the best man we could have

00:51:29.060 with about the toughest job anybody could have. He is for this time. It's the reason we pushed

00:51:35.220 him so hard. He was on the show as a contributor. Part of that was to get media training and media

00:51:39.960 savvy. We are very fortunate to have Scott Besson as the Secretary of Treasury, somebody that knows

00:51:46.280 capital markets and particularly knows this part and has strong relationships for his years as a

00:51:51.820 as a fund manager with the senior levels of South Korea's government on the finance side

00:51:56.740 and the Japanese. Because there's a, you know, to defend the dollar, like I said,

00:52:02.860 we can have a national conversation about should we be the prime reserve currency or not. But quite

00:52:07.060 frankly, with the amount of debt we have and what we have to do right now, you have to stick with

00:52:13.660 it and you have to defend it. Real quickly, where do they go to get you, Philip? Because people want

00:52:18.100 to be able to contact you over at birch gold very simple birchgold.com forward slash bannon again

00:52:25.360 birchgold.com slash bannon or text bannon to 989898 and just get the information

00:52:32.200 okay uh no obligation totally free get to meet philip patrick and the team the the

00:52:38.660 ownership of physical gold in times of geopolitical and financial turbulence it's

00:52:45.420 It's been a pretty good hedge for 3,000 years of man's recorded history.

00:52:48.220 Philip Patrick, thank you.

00:52:50.040 Why do we cover this so much?

00:52:51.420 And why did we start on the end of the dollar empire six years ago or five years ago?

00:52:57.000 We knew this day was coming.

00:52:59.780 And we knew it was important for a blue-collar and middle-class audience to understand it

00:53:04.800 and have access to that information.

00:53:06.620 And bang, guess what?

00:53:09.040 Worked out.

00:53:10.280 It's one of the reasons the show is as powerful as it is,

00:53:13.240 Because without understanding currency and capital markets and money, you can't understand power.

00:53:19.600 And once you understand money and power, you can use your agency to leave a big imprint on the political world.

00:53:26.760 Stick around.

00:53:27.880 Second hour of the War Room.

00:53:30.000 We're going to do a special on trade in China from the eyes of an entrepreneur next.

00:53:35.680 Just a moment.

00:53:36.580 fellow patriots the federal reserve has betrayed america for over a century

00:53:45.360 printing fiat inflating away your savings serving globalist masters but president trump is ending

00:53:53.340 it president trump is wielding a 112 year old law to reclaim control from the rogue federal

00:54:01.600 Reserve. He's replacing Jerome Powell, slashing rates, igniting America's re-industrialization.

00:54:07.940 Now, this is not theory. Government-backed industry plus low rates unleashes super cycles.

00:54:14.640 History does repeat. Gold's already exploding. Miners are up over 400 percent in the last year.

00:54:21.860 What Rickards is calling Trump's gift is wealth for American patriots, not global handouts.

00:54:28.260 now it's america's turn jim records former cia and pentagon veteran says act now go to insider

00:54:38.020 2026.com that is insider 2026.com to get jim records strategic intelligence newsletter today

00:54:47.260 strategic intelligence based upon predictive analytics it's what chairman and ceo throughout

00:54:53.600 the world read, and you should too.

Bannon's War Room - May 12, 2026

Episode 5367： SPLC Business Of Monetizing Hate; Hate For MAHA Continues

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