Bannon's War Room - May 13, 2026


Episode 5368: President Trump Lands In China For Xi Summit; Victory In Nebraska


Episode Stats


Length

54 minutes

Words per minute

177.3302

Word count

9,732

Sentence count

576

Harmful content

Misogyny

1

sentences flagged

Toxicity

1

sentences flagged

Hate speech

24

sentences flagged


Summary

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

The Chinese Communist Party may be the first of many intruders into U.S. intelligence and law enforcement databases, but what does it have to do with the 2020 election? John Solomon and Alex Blumberg break it all down.

Transcript

Transcript generated with Whisper (turbo).
Misogyny classifications generated with MilaNLProc/bert-base-uncased-ear-misogyny .
Toxicity classifications generated with s-nlp/roberta_toxicity_classifier .
Hate speech classifications generated with facebook/roberta-hate-speech-dynabench-r4-target .
00:00:00.000 He knows that he wants a show, and he is getting one.
00:00:03.440 I mean, you can see right there the coordination with the flag.
00:00:06.880 It's not just 300 Chinese youths.
00:00:08.800 They have a coordinated flag movement with American and Chinese flags there.
00:00:14.120 Let's just pause.
00:00:14.960 Let's just listen in and everyone take in this moment.
00:00:30.000 He was just getting to the end of the tunnel.
00:01:00.000 Thank you.
00:01:30.000 We'll be right back.
00:02:00.000 So who you're seeing there, in addition to President Trump, is, of course, Eric Trump, his son, Laura Trump, daughter-in-law.
00:02:24.800 But Elon Musk directly behind Laura Trump, also there, Jensen Wong, CEO of NVIDIA, there.
00:02:33.240 Of course, tech leaders will be part of this trip.
00:02:35.700 Wong and Musk were the only two who flew on Air Force One.
00:02:39.020 Wong actually met the flight in Anchorage, Alaska, for the last leg.
00:02:42.760 There had been some kerfuffle about whether he was invited or not.
00:02:45.280 President Trump clearly wanted to make a show of it.
00:02:47.260 But you can see the ebullient greeting there.
00:02:49.700 The people, though, that the president wants to focus on are the White House.
00:02:54.800 Eric Trump, Laura Trump, Elon Musk, and the CEO of NVIDIA, which is pretty interesting.
00:03:01.040 Wednesday, 13 May in the year of our Lord, 2026.
00:03:04.720 We get a lot to get to today.
00:03:07.160 John Solomon joins us.
00:03:08.520 John, correct me if I'm wrong.
00:03:12.180 Is it 18 or 20 states that the Chinese Communist Party actively took the voter rolls and intruded into the 2020 election?
00:03:21.780 And do we not have a mayor of, is it Arcadia, California, which is a Chinese commissage?
00:03:30.360 And my understanding from you and other guys in the intelligence services that that may be the first of a lot, sir.
00:03:38.760 Well, remember, we had Kathy Hochul, had someone working for her in New York that just got taken out last year.
00:03:46.040 We've got this mayor that just pled guilty this week to directly conspiring with China to inject propaganda into the United States.
00:03:55.340 We've got the Singham Network, which has close ties to the Chinese Communist Party, as we've been documenting over the last several months.
00:04:02.280 We have Eric Swalwell, who was sleeping, allegedly, with a Chinese spy.
00:04:07.080 We have Dianne Feinstein, whose driver was apparently a Chinese spy while she was overseeing the Senate Intelligence Committee.
00:04:16.040 And you are correct.
00:04:17.360 What we have now learned six years too late from Director of National Intelligence Tulsi
00:04:22.160 Gabbard is that there are between 12 and 18 states whose voter registration databases
00:04:28.460 were penetrated by China during the 2020 election.
00:04:31.720 While we were being told and force-fed a fake story that it was the most secure election
00:04:36.520 in American history, China had infiltrated voter registration data in numerous states.
00:04:42.680 The last document I saw is estimated 12 to 18.
00:04:46.720 I think by the end of this month, Tulsi Gabbard will be able to identify for the first time which states got hacked or were penetrated by China.
00:04:56.540 How long did we know?
00:04:58.080 Why were they kept secret by the CIA and the FBI and the Homeland Security Department?
00:05:02.340 And I think that could have a profound effect on senators who thus far have been kicking the can down the road on the Save America Act.
00:05:09.060 But when you find out your voter registration database database was hacked by the Chinese Communist Party and you weren't told about it for six years, it might change your notion about adding more election security measures to the 2026 election.
00:05:23.820 Wouldn't that be a topic of conversation in Beijing over maybe tonight, sir?
00:05:29.780 You agree?
00:05:31.320 It should be.
00:05:32.440 The president is fully aware of what I've reported, and he's fully aware of what's coming out in the next few weeks.
00:05:40.000 So he seems to be read in.
00:05:41.940 I suspect that the release of these next round of documents were withheld until after the meeting so that the president could have a private conversation before it explodes onto the American scene in a big way.
00:05:53.540 But whatever the case is, I think next week you'll start to see a market ramp up in the release of previously classified or previously withheld information.
00:06:03.300 The American public are going to learn a lot about foreign election interference.
00:06:06.960 They're going to learn a lot more about the FBI's abuses and a lot more about even how Jack Smith may have been setting up Donald Trump to be reindicted as soon as he leaves office, something that we wrote about this morning.
00:06:19.200 Hang on.
00:06:20.220 That's a blockbuster.
00:06:21.420 I want to get to that in a second.
00:06:22.540 I want to go back to the mayor of Arcadia in the suburbs of L.A.
00:06:27.600 You've had Swalwell's situation, you've had the Hockel's situation,
00:06:30.680 you've had the Pelosi driver's situation for 20 years.
00:06:34.160 You've got Arcadia, which I understand from you and other people
00:06:37.920 in the intelligence and law enforcement may be the first of, let's say,
00:06:42.820 I don't want to say thousands, but let's say a lot.
00:06:46.120 The Chinese Communist Party's penetration into industrial America, 0.54
00:06:49.980 into our tech community, on Capitol Hill, in our universities, all of it, but also directly in the
00:06:57.100 political process is now going to start being exposed more and more, correct, sir?
00:07:02.080 I agree. Listen, we just should say it because it is evidently clear, and it's been eminently
00:07:06.900 clear since 1996 when I broke the first stories about the China fundraising scandal for Bill
00:07:12.220 Clinton. The Chinese Communist Party has repeatedly infiltrated the Democratic Party in America. It
00:07:18.800 has found a home in the Democratic Party of America. Remember the Buddhist monks and the 1.00
00:07:24.180 fake donors and the Charlie Trees and the John Wongs that I wrote about in 1996 and 97 that gave
00:07:30.140 rise to an independent council investigation and the Fred Thompson famous hearings in the summer
00:07:35.580 of 97. That apparatus never went away. The Democratic Party is still in bed with the
00:07:41.340 Chinese Communist Party in many ways, literally in the case of Eric Swalwell, figuratively in the
00:07:47.880 case of several other people. And so you see a Democratic mayor in California, you see a
00:07:52.600 Democratic governor in New York, a Democratic senator from California. They're all infiltrated.
00:07:57.740 There's a reason for it. There is a friendliness and a coziness between the Democratic Party and
00:08:03.000 the Communist Party of China that is about to be exposed to an even a greater level than we knew.
00:08:08.960 And I just want to remind people of something we broke on your show back last summer. The FBI
00:08:15.080 FBI belatedly disclosed that it knew that China had sent driver's licenses here to the United States in the middle of the 2020 election to file fake voter registrations and to vote fakely for Joe Biden in the 2020 election.
00:08:30.920 The documents state emphatically that the Chinese sources that the FBI were working with and who flagged these driver's licenses coming in so they could be intercepted believe that the goal was to get Joe Biden elected.
00:08:44.740 If they sent them to the United States, it means someone here in the United States was supposed to receive them, turn them into ballots, and then cast those ballots in the name of fake people.
00:08:55.160 When you take the continuum that we now know, China hacks the voter registration databases, then they send driver's licenses in, the natural third question that the FBI and the intelligence community asked to answer for the American people was, who were the Chinese working with to make sure that Joe Biden got the advantage of those fake ballots? 0.82
00:09:15.460 That is something that's under active investigation right now by the FBI and the intelligence community, and I think that's going to expose more of that coziness between China and the Democratic Party when we're all done. 0.79
00:09:27.940 I want to go back. I want to go back to the beginning of this, the railhead of it in the Clinton White House. Before a certain intern wandered onto the playing field, this was the biggest scandal that was talking about. 0.68
00:09:40.740 But this was the one you exposed, Chinese generals, I think,
00:09:44.800 guys were bringing suitcases full of cash to the West Wing.
00:09:48.200 What was the scandal then?
00:09:49.260 Because it shows you, remember, Clinton was the one that worked
00:09:52.060 on the World Trade Organization, most favored nation,
00:09:54.520 passed the ball to Bush.
00:09:55.540 It was a lot on the policy side was bipartisan,
00:09:59.800 but on the money-taking side, it was the Democratic Party.
00:10:03.900 Tell me, give me a minute about the Clintons in the 90s
00:10:06.900 with these Chinese generals. 0.88
00:10:07.920 Yeah, they used everything from the Lincoln bedroom to straw donors, China did, to enrich
00:10:17.360 the Democratic Party, to give it enough cash that it could defeat Bob Dole in the 96 election.
00:10:23.280 And the payback to China was that Bill Clinton's administration lifted a most favored nation
00:10:29.660 status reviews for China so that they had unfettered access to our marketplace, which
00:10:34.520 really grew the Chinese economy in ways that before that it could not grow because every year
00:10:40.060 it had to beg for access to the markets to be treated with any trade privileges in America.
00:10:44.340 It took that leverage from the United States away and ultimately came back and did it in
00:10:49.620 ways that have been negative for America. We don't have the leverage we used to have over China. And
00:10:56.300 I think that that moment was paid for in advance by all the China money that came into the United
00:11:02.760 States in 96. You had straw donors, Buddhist monks being given cash and say, turn this into a check
00:11:08.000 and donate to the Democratic National Committee. You had guys bringing bags of cash into the 0.78
00:11:13.400 country and distributing it so that you'd have these fake donations. Right now, the FBI, the
00:11:20.180 Justice Department, the Intelligence Committee is looking to see, hey, was that going on in a new way
00:11:24.680 on digital fundraising platforms like ActBlue? We don't know. We've had members of Congress say
00:11:29.200 they suspect it, but they're looking to see. Is there another flow of cash from China to the
00:11:33.660 Democratic Party? That's question one. And two, who in the United States was supposed to catch
00:11:38.180 those driver's licenses and turn them into fake ballots? Those two questions could be as explosive
00:11:44.040 as what Fred Thompson and the FBI and the Justice Department exposed in the 1990s. I think the
00:11:50.040 alliance between the Democratic Party and the liberal movement in America and China is as
00:11:54.500 strong today as it was in the 90s, maybe even stronger, because you got a guy like Neville
00:11:59.260 Singham who created a nonprofit that's funding and fomenting all of this unrest in America
00:12:04.680 in direct coordination with China. 0.65
00:12:07.680 I mean, we've written the stories.
00:12:09.020 You can see them.
00:12:09.780 They're meeting.
00:12:10.260 They're talking.
00:12:11.060 They're aligned.
00:12:12.360 I think the left is more aligned with China, and I think that is the big secret that Donald
00:12:17.020 Trump will expose throughout the summer of 2026.
00:12:19.920 um as we tell people here you've got to understand the deep state never gives up your blockbuster
00:12:27.180 story this morning is about jack smith take your second even if i have to hold you through the
00:12:30.720 break i know you get a bounce but this one's so important that yeah understanding that we're
00:12:35.640 starting to run the tables on these guys they actually set up a potential apparatus to go
00:12:42.620 after trump when he leaves office folks this is a war to the knife and jack smith and these guys
00:12:48.200 relentless walk us through this you're breaking story john solomon yeah again props to um
00:12:54.280 the fbi director cash patel and the justice department for finding these documents these
00:12:59.680 things are hidden in places i'll tell you a story at the very end just how how duplicitous some of
00:13:05.060 the fbi people weren't hiding things but uh these documents were hidden from us for a long time so
00:13:10.120 when we heard in january 2025 as president trump was taking the uh oath of office and coming back
00:13:15.980 to office. Hey, Jack Smith dismissed the cases. Donald Trump's out of the woods. No more legal
00:13:20.260 issues. That's not what the FBI actually set in motion. What they did, the Justice Department went
00:13:25.840 to the courts and said, please dismiss this without prejudice, meaning the charges could
00:13:30.480 be brought again. That's step one. Step two is the FBI normally, when it closes down an investigation,
00:13:36.140 it disgorges all of its evidence. In this case, the FBI concocted an excuse to hold the evidence
00:13:44.060 in the Arctic Frost January 6th investigation
00:13:47.060 to 2030, ironically a year and a half
00:13:49.700 after President Trump would be out of office.
00:13:52.260 And then they wrote a memo saying,
00:13:54.140 we're still certain Donald Trump committed all these crimes.
00:13:56.720 So you preserve the evidence,
00:13:58.240 you preserve the predicate by restating
00:14:00.280 what you think happened,
00:14:01.560 and then you tell the judge,
00:14:02.680 please don't dismiss this with prejudice,
00:14:04.280 meaning you can never be brought again,
00:14:06.100 leave it open.
00:14:07.020 That went on under the seal of cover,
00:14:09.180 under the darkness of night in the FBI
00:14:11.400 in the final days of the Biden presidency.
00:14:13.180 See, we now have all the documents.
00:14:15.340 Now, here's the big question for Donald Trump's Justice Department.
00:14:18.960 Will Todd Blanche go to Judge Chutkin, who oversaw the January 6th case, and say,
00:14:23.260 we are now requesting that the dismissal of the January 6th case and the other case against President Trump be dismissed with prejudice?
00:14:31.880 That means it can never be brought again.
00:14:33.760 The reason we are asking for that, the Justice Department could potentially say, is that they found widespread abuses in Arctic Frost.
00:14:43.000 such as spying on members of Congress, taking people's phone records, taking people's legal.
00:14:47.780 I think that's the opportunity for Todd. We'll find out if they do it.
00:14:51.200 Hang on one second. I just want to hold you to a break.
00:14:53.360 I want to make sure we bring this to a conclusion that's so important.
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00:16:22.840 Here's your host, Stephen K. Bannon.
00:16:26.200 Okay, we've got a lot to get to.
00:16:28.100 President Trump arrived in Beijing.
00:16:30.820 Xi was not there, although that happens sometimes.
00:16:34.240 Also, he brought an entourage with him, my favorite, my two favorites, Elon Musk and Jensen Wong.
00:16:41.400 I'll get to all that.
00:16:42.440 We had a very bad print this morning on wholesale inflation.
00:16:46.960 Orrin Cass, the populist economist over at American Compass, is going to join us to talk about that.
00:16:51.500 A magnificent piece he's got in the New York Times about the situation with China and these negotiations.
00:16:57.160 and also going to talk about this, the 21st century road to housing,
00:17:01.620 President Trump and the team getting on top of this housing situation.
00:17:05.340 Also, Bill Pulte will join us on that topic also.
00:17:08.140 John Solomon, but first things first.
00:17:09.720 John Solomon, I just want to reiterate that the director of the FBI
00:17:15.240 and the acting attorney general of the United States,
00:17:19.260 they had to search for this.
00:17:20.400 This was hidden from them.
00:17:21.660 This wasn't any turnover from the department.
00:17:24.620 If cash these guys hadn't have found it, we wouldn't have been there.
00:17:26.840 number one number two clearly something has to be done because folks they are as i said the speech
00:17:34.320 of cpi back in in the spring of 2025 uh don't think they're not coming for everybody because
00:17:41.020 they're coming for everybody these people are maniacal and the deep state won't give up and
00:17:44.940 last but not least john solomon what accountability are we finally going to have for jack smith in
00:17:50.140 this group of gangsters sir the floor is yours all right let me start with the the great hiding
00:17:56.080 trick that the FBI did under the Biden years. This is an anecdote we'll break next week,
00:18:00.440 but I'll give you a little taste of it. There's some evidence that the FBI wanted to hide all
00:18:05.380 the way back when President Trump was in the first term. We're talking 2018. It's damning
00:18:09.660 evidence against James Comey. Some guy grabs it. They print it out. They delete it from
00:18:15.380 digital databases. They buy a deputy assistant director, a safe, and they put the safe in his
00:18:21.860 office and they put this one document in the safe, that guy retires and nobody knows that
00:18:26.780 this is safe in this office on some floor in the FBI headquarters building with damning evidence
00:18:31.400 about James Comey. And so it sits undiscovered for six or seven or eight years. That is what
00:18:37.220 goes on inside the FBI and the Justice Department. By the way, it went on all through Trump one
00:18:41.700 during the James Comey and Chris Ray years, and then it goes all the way through. And so this is
00:18:45.720 why Kash Patel is basically playing a game of hide and seek every day. He's got to go find
00:18:51.000 stuff that these agents have hid all over the building that should be in the sentinel system
00:18:56.020 easy to find, but it's not. It's hidden. So that's why it took so long to find these new documents.
00:19:01.320 But as soon as they find them, the president's propensity and Kash Patel's propensity and Todd's
00:19:06.840 Blanche's propensity is let's get the information out. Let's people see how bad the situation is.
00:19:11.460 That's how we got these documents today. The game of keep away is a chronic challenge for this
00:19:17.160 administration, but they're overcoming it. They're finding things every day. Now, the thing that Todd
00:19:22.340 Blanche can do to resolve this 2030 re-indictment of President Trump is to go back to the court
00:19:28.220 and simply say the Justice Department originally asked these charges to be dismissed without
00:19:33.320 prejudice, meaning they could be brought again in the future. We believe they now should be
00:19:37.340 dismissed with prejudice based on the abuses that we found in Arctic Frost from Jack Smith and the
00:19:42.540 FBI and all the things that Congress has been deeply alarmed about and see what Judge Judkin
00:19:47.060 does and then run that all the way up even if it has to go to the United States Supreme Court.
00:19:51.720 The discretion of the Justice Department to seek a prejudicial dismissal should rest with the Trump
00:19:57.380 Justice Department. A judge should have no say. Todd Blanche could put a stake in this forever
00:20:01.860 and take this off the table. The third thing is what accountability will Jack Smith and his team
00:20:07.620 face. I think there is a predisposition in even this Justice Department to not prosecute
00:20:14.640 prosecutors for prosecutorial decision making, the discretion. Now, one can disagree with that,
00:20:21.020 but I just want, I'm just the reporter telling you, I've seen emails and text messages that
00:20:25.460 suggest that even under Todd Blanche, a prosecutorial decision to do something is not
00:20:30.380 going to be prosecuted. So what they're going to need to do is show that the steps that prosecutors
00:20:35.500 to committed certain crimes, such as lying to a court, hiding evidence, keeping Brady material
00:20:42.160 from a defendant. That's going to be how they're going to have to get these prosecutors. They will
00:20:46.480 not prosecute someone saying, hey, we're prosecuting you just because you decided to go after Donald
00:20:50.280 Trump. They're not going to do that. They're going to need to find overt acts that are clearly
00:20:54.340 criminal and do that. That's what's going on in Florida right now. There is enormous activity in
00:21:00.700 Florida going on. I mean, it's like a tornado down in Fort Plears right now. Joe DiGenova
00:21:05.500 is ramping up. There's going to be some big appointments to his staff next week,
00:21:09.280 big names coming in. You're going to see investigations. And one of the changes is
00:21:14.140 instead of bringing Mickey Mouse cases like, hey, we're just going to whack John Brennan for a false
00:21:18.820 statement he made in 23, they're going to now say, no, no, we're not doing that. The false
00:21:23.160 statement in 23 was part of a larger conspiracy to corrupt the intelligence community. They're
00:21:27.320 going to bring big, big cases against the big perpetrators that they think committed this
00:21:32.340 wrongdoing. And so I think by the summer, you'll see some of those first indictments.
00:21:36.340 I'd also be keeping a close eye on Cuba. I think in the next two weeks, President Trump will strike
00:21:41.940 an unbelievable and unexpected blow against Cuba. It's not where people are looking right now,
00:21:46.180 but I'm getting some strong sense that there's going to be a major development on U.S.-Cuba
00:21:50.020 policy that'll come out of an unexpected location. But I think that that is a good thing. It means
00:21:55.700 that the wheels of justice are turning.
00:21:57.560 There's no more excuse making,
00:21:58.880 no more secret hands grabbing cases and hiding them.
00:22:01.640 Things are getting done and prosecutions are occurring.
00:22:04.720 And I'd be looking for all of that to come out of Florida.
00:22:07.380 I think Florida is going to be ground zero
00:22:09.160 of this administration for accountability.
00:22:13.860 John Solomon, I want to thank you.
00:22:15.300 Where do people go to get all your content, sir?
00:22:18.500 Yeah, justinnews.com,
00:22:19.920 at J. Solomon Reports on all social media.
00:22:21.760 And I'm lucky enough, every night at six o'clock
00:22:23.560 right here on A Real America's Voice
00:22:24.720 to follow your show with just the news,
00:22:26.240 no noise with me and Amanda Head.
00:22:28.200 Okay, now I'm going to make a pitch on live.
00:22:30.140 We're going to actually do a special tonight
00:22:31.820 at 10 o'clock.
00:22:32.520 It's been decided by the high command of RAV
00:22:35.360 and John Solomon, I'm going to ask you
00:22:37.100 to be on there riding shotgun with me.
00:22:39.440 I'll talk to you after the show.
00:22:40.340 Count me in.
00:22:40.980 I'm there, baby.
00:22:42.160 And John Solomon, Jack Pasova,
00:22:44.060 we'll have the whole team.
00:22:45.320 We're going to cover live President Trump
00:22:47.260 being officially greeted by Xi.
00:22:48.720 John Solomon, thank you.
00:22:49.660 I'll see you this afternoon and this evening.
00:22:52.360 Thank you, my friend.
00:22:53.200 Thank you, sir.
00:22:54.720 Or in Cass. So there's three things I wanted you on here today for. And it's great. Number one, quickly, it was not and we're going to have EJ and Tony and bowling and others at 11 o'clock into this more detail. Not a great print this morning on on wholesale inflation, sir.
00:23:10.260 No, not at all. And I think it's a reminder that certainly everything that's gone on in Iran
00:23:17.120 is having costs right back here at home. The other thing I'd just love to point out is it's
00:23:21.780 a reminder of what real inflation looks like, right? Everybody set their hair on fire about
00:23:26.620 tariffs because they don't like tariffs. But you never saw that in the data because, in fact,
00:23:31.600 that's not what tariffs were doing. Tariffs could make a lot of sense for the domestic economy.
00:23:36.120 Here we're seeing what a war in the Middle East does, and that is really going to have costs here.
00:23:43.140 We're going to deal with this audience at 11 with EJ and Bowling and others to get back these numbers.
00:23:49.800 They're, let's say, disturbing. 0.97
00:23:53.880 Tariffs, China, you had an incredible piece.
00:23:57.940 We can put it up on the – and I think the information that's come out since then has been even kind of more disturbing.
00:24:03.920 Jameson Greer, who you and I both know is, I think, doing a terrific job as the trade rep.
00:24:09.480 There's now this article, I think it's Associated Press or Reuters, talking about some border trade that we're going to manage.
00:24:15.340 We're going to manage $30 billion of trade coming in from China.
00:24:21.540 I don't get it.
00:24:22.500 I don't know why we're acting as a concierge in managing China's trade.
00:24:26.300 They're not an ally of the United States.
00:24:28.580 They're not a peer.
00:24:29.320 They're an enemy.
00:24:30.640 Talk to me.
00:24:31.060 there's others even more disturbing, but in trading dollar investments, buying manufacturing
00:24:35.700 companies, data centers. Your piece in the New York Times was pretty brutal. Walk me through it,
00:24:41.360 sir. Well, you know, I think what we're seeing right now is the administration trying to figure
00:24:46.920 out, OK, what is the end game with China look like? You know, I think President Trump going
00:24:51.620 all the way back to 2015, 2016, did an incredibly important service for this country in waking
00:24:57.920 people up and saying China is not our friend. This deal with China does not work. We need to 0.64
00:25:02.860 change things. And, you know, in the first term, they did a lot of work shaking things up, showing
00:25:07.360 that we weren't going to accept this anymore. Now we're in this second term. We sort of had
00:25:12.760 Liberation Day a year ago. We are in the process of transforming the global economy and international
00:25:18.120 trade. And we're at what people are sort of calling a trade truce with China. You know,
00:25:23.700 early on tariffs went way up, then they came back down. Then there were the problems with rare
00:25:27.420 earths and magnets. And right now, everything is just sort of on hold, fairly stable. And, you
00:25:34.240 know, folks like Ambassador Greer, who I think, as you said, is fantastic on these issues. You know,
00:25:40.100 Treasury Secretary Scott Bessent, who I think is, we are incredibly fortunate to have him there.
00:25:44.260 He's such an expert on these things and thinks about them very clearly. They're trying to figure
00:25:49.480 out, okay, so where do we go from here, right? We probably don't want to have an embargo in both
00:25:54.820 directions. If they want to put some stuff on boats that they can send to us and we want to
00:26:00.540 put some stuff on boats that we can send to them, that might be okay. What we can't do is have the
00:26:06.420 kind of entanglement we have now. We can't have the dependents and we can't have investment. We
00:26:11.720 can't have them buying and running businesses here in the US and we can't have our business people 0.95
00:26:16.300 going and becoming beholden to the Chinese Communist Party over there. And so I think 0.88
00:26:22.500 that's where the rubber meets the road. I think there's plenty of room to, like you said, with
00:26:27.880 something like a board of trade, we do need to find some way to manage trade. But there are also
00:26:32.860 the red lines we have to draw. And the piece I wrote was about investment in particular. We can't
00:26:38.140 have BYD, the auto company, coming and setting up and trying to build their subsidized electric
00:26:44.260 vehicles in this country. Well, no, that's what, I mean, they're pushing to us to open up to take
00:26:52.080 their car industry, which is a state-owned industry, highly, highly subsidized, compete
00:26:56.640 against ours. But also, they're talking about a trillion dollars of direct investment in
00:27:01.240 manufacturing companies. Your thoughts on that? Yeah, I think this is something that's been
00:27:07.280 floated. It was reported back during the last round of discussions in October. And I think
00:27:13.380 The challenge is that President Trump himself has indicated he could be open to this sort of thing, you know, specifically when it comes to cars.
00:27:20.660 You know, he literally went to Detroit in January and in a speech to auto workers pretty much said, I love China.
00:27:27.540 Let China come in with the idea being, well, as long as if BYD is hiring American workers, then, you know, what what's the problem?
00:27:35.600 And I think the answer is that there are a lot of problems. Right.
00:27:38.400 One is just, you know, as you were just talking about in the last segment with the sort of spying, I mean, we deal with incredible industrial espionage already.
00:27:47.560 If we're going to invite them to come set up here, you know, forget about it.
00:27:51.480 Forget about protecting any of our intellectual property.
00:27:54.580 There's also the problem that they will very quickly drive American carmakers out of business, right? 0.63
00:28:00.340 This isn't like Japan with Toyota and Honda coming over here.
00:28:03.380 They're good competitors.
00:28:05.020 You know, Honda sponsors the Olympic team. 1.00
00:28:07.580 The Chinese would gut our industry, and they'd do what they want. 1.00
00:28:11.240 Hang on for a second. 1.00
00:28:12.320 We're going to get more into this.
00:28:13.400 And housing, Bill Pulte joins us next in The War Room.
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00:29:46.020 War Room. Here's your host, Stephen K. Bannon.
00:29:50.900 Oren Kass is going to, Chief Economist over at American Compass, is going to hang out with us for a few minutes.
00:29:56.500 want to bring in Bill Pulte now. Bill is the director of the U.S. federal housing. I would
00:30:01.480 say he's President Trump's housing czar. You know, Bill, there was not a great print today on wholesale
00:30:08.100 inflation. But President Trump and the team, and you lead the housing side of it, are maniacally
00:30:13.420 focused on affordability. You've got an act now, a bill, the 21st Century Road to Housing Act,
00:30:20.160 that really addresses the ability of young people to get into the housing market, to become owners,
00:30:25.540 to have an ownership society in trying to manage cost.
00:30:29.380 Can you walk us through it for a second?
00:30:30.700 Because I think this thing of, oh, President Trump and these guys aren't focused on affordability at all,
00:30:34.920 or issues, populist economics that focus particularly on this rising generation are absolutely false.
00:30:42.600 Bill Pulte, your thoughts?
00:30:44.500 Yeah, well, he's laser focused on affordability.
00:30:46.860 The issue with affordability is that they use it a lot and put out the word and whatnot.
00:30:50.600 But then once he crushes inflation and once he makes homes more affordable to purchase,
00:30:54.400 which is what's happened, frankly, since Biden was in office, they stopped talking about it and
00:30:58.720 they don't give us credit for it. I mean, mortgage rates, Steve, were at 8% under Joe Biden. They got
00:31:03.980 into the high fives with us recently. Now they're in the sixes for right now, the low sixes. I think
00:31:08.900 they'll get back into the five. So President Trump is laser focused on affordability. We need to get
00:31:13.100 young people in homes. It's almost criminal what's going on in this country where people can't afford 1.00
00:31:17.520 a home anymore. And so that's why this bill is so important is because for the first time ever,
00:31:22.320 we're getting rid of these corporations, Steve, that go in and gobble up these homes and they
00:31:27.520 make it impossible for people to live in. And, you know, you have Elizabeth Warren and you have
00:31:31.880 Joe Biden and you have all these people that have talked about this for years, but nobody has the
00:31:36.260 guts to go against the lobby. And President Trump has the guts to go against the lobby, you know,
00:31:41.520 that is supporting these corporations. And I think it's going to work out very well. We need
00:31:47.140 get people in homes, not corporations. So you're getting corporations out of the buying of these
00:31:52.720 mass buying of the homes and then leasing them back to people, right? So people are potentially,
00:31:56.420 they're permanent renters. You want to have ownership. Just walk me through the key parts
00:32:01.400 of the bill because the Senate, correct me if I'm wrong, I think the Senate passed this 89 to 10,
00:32:06.680 which never happens. Yet the House, somehow the House can't get organized enough to put this on
00:32:12.280 the top of the agenda. Just walk me through the key parts that you think are the most important
00:32:16.020 that the House members need to focus on?
00:32:18.900 Well, I think the big reason, Steve, that this thing passed 89 to 10 is because housing
00:32:22.880 is such an issue, because in particular with inflation and people's wages in the Biden
00:32:27.440 administration, nobody could afford anything.
00:32:29.760 You couldn't afford a mortgage payment.
00:32:31.120 You couldn't afford a house.
00:32:32.420 And so when I went to go get confirmed, Steve, all these Democrat senators, and I had some
00:32:36.900 Democrats vote for me, and I'm like, you know, I was surprised as hell.
00:32:40.480 But the reason is, is because they go to their district and people complain about housing
00:32:43.980 prices, housing prices, housing prices, housing prices. And so finally, you have some Democrats
00:32:48.460 who just say, we can't take it. We got to do something about it. And so that's what's happened.
00:32:52.360 Yes. The thing is, the House does need to step up and just get this done. Look,
00:32:56.600 everything incremental right now is going to help the housing problem. We need to throw everything
00:33:00.920 at it. We need to throw, you know, I don't know if you saw this, but President Trump authorized
00:33:04.600 me to spend $200 billion, invest $200 billion, Steve, in mortgage bonds. And we reduced mortgage
00:33:10.800 rates by doing that. We need all hands on deck. We need all ideas. This thing's very important.
00:33:16.840 They got to pass it and they got to pass it quick. They got to stop playing games and just get it
00:33:20.240 done. Bill Pulte, social media and website. I want people to find out more about you and more
00:33:26.400 about what you're doing on housing. Where do folks go? At Pulte on Twitter, at P-U-L-T-E.
00:33:32.020 Thanks, Steve. Thanks to the war room. Love the posse. Thank you, sir. Thank you. Thank you. We'll
00:33:36.160 go to the ramparts in this thing. Orrin Cass, you're the populist economist. You're one of the
00:33:41.540 ones saying, we've got to have more legislation. We need more things coming out of Capitol Hill
00:33:45.860 in the administration that are focused on populist economics. You're a big supporter of this,
00:33:51.720 are you not? Yes. And why? Well, look, I think, as Bill was just saying, it's obviously very
00:34:02.020 important that we do something about the housing market. And one thing I like about what they've
00:34:07.000 done here is they're really coming at it from all sides. There's the question of, can you afford to
00:34:11.500 buy a house? There's the question of, are we building enough houses? And there's the question
00:34:15.620 of, who are you competing with? And so to kind of go after all of it, to help buyers, to really
00:34:22.120 open up, get rid of some of the regulations and other things that are preventing building and
00:34:27.320 instead create incentives to build. And then finally, to say, look, you know, we have a view
00:34:32.120 on on who these houses are for, right? If we're if we're going to do all this stuff to get more
00:34:37.100 houses, we should also think about, you know, what what kinds of houses we think make most sense in
00:34:42.200 the market and getting large investment firms out of the business of owning them and more
00:34:47.900 families into them, I think, is is exactly what the goal should be.
00:34:52.200 How do you think, one, why do you think this accomplishes those overall goals that you're focused on? And two, why have we had such a tough time getting traction on the House? I mean, the Senate, like, you know, 89 to 10 or 89 to 11 is extraordinary. Why are we not putting this at the top of the agenda over at the House?
00:35:14.900 Yeah. You know, unfortunately, we've seen this dynamic a few times with the House.
00:35:19.240 You know, we saw it on some of the best China measures. We saw it on, you know, trying to support chip building here.
00:35:25.400 We saw it on restricting investment in China. You'll have a very big bipartisan majorities in the Senate.
00:35:31.740 But because of the way the House runs, you know, you only need a particular committee chair to say, I don't like it.
00:35:38.020 And the committee chair is likely to be someone who's been around for a long time, you know, maybe comes out of more of the Paul Ryan wing of the Republican Party or what's left of it.
00:35:48.760 And so, you know, you have out right now, you know, Mike Pence and his group are out there kind of just putting out this like old, warmed over, leftover stuff about how, you know, obviously corporations only succeed if they're serving people.
00:36:02.940 So surely if Blackstone is doing this, it's for the good of people, supposedly.
00:36:08.020 And, you know, we should never have any regulation that that takes any position or view in the market about, you know, what, who houses are for and so on.
00:36:17.660 And so, you know, we're all familiar with these arguments.
00:36:20.000 They're they're the ones that in many, you know, certainly drove the Republican Party into a ditch, I think, in a lot of ways, really hurt our economy, really hurt affordability, really hurt middle class families.
00:36:30.140 And so it's wonderful that we're now at a point where the overwhelming majority of Republicans, as you said, in the Senate, obviously with the president and the administration, frankly, it will have an easy majority in the House if it gets to a vote in the House.
00:36:43.020 Everybody understands we need to do this a different way.
00:36:46.140 And there are just some people, you know, I compare them to the Japanese soldiers who didn't know World War II had ended.
00:36:51.240 And, you know, you found them in some cave on an island somewhere 20 years later. 0.75
00:36:56.300 These guys, unfortunately, are the way the House is run.
00:36:59.700 They still have a lot of power until Speaker Johnson steps up and says, you know, look, we're not going to do it this way.
00:37:05.380 We're going to actually pass the legislation that most people support and that will be good for the American people.
00:37:12.240 Orin, here's, you know, we walk the audience through the three elements of building blocks for success.
00:37:18.400 We have structural issues.
00:37:19.700 We have content.
00:37:20.400 We have process.
00:37:21.000 On structural, particularly with the redistricting fights, there's still five or six seats left on the table with the redistricting fights.
00:37:28.300 We're ramming this.
00:37:29.500 People are up on the ramparts.
00:37:31.000 We're going to pick up two or three more.
00:37:33.060 On the process side, the grassroots, I tell people, I said the grassroots are as motivated.
00:37:37.460 I saw it in Texas.
00:37:38.600 I've seen it in Virginia.
00:37:39.860 They're as motivated as I've ever seen as long as you have that middle piece, which is content.
00:37:44.360 And content, it goes from codifying President Trump's immigrations to this housing.
00:37:49.660 none of these things are perfect, but we can't let, you know, we can't let perfect be the enemy
00:37:55.500 of good enough for now. What is it about Capitol Hill right now, particularly in the House and
00:38:02.100 also in the Senate on the Save America Act, which they don't seem to have a sense of urgency,
00:38:08.080 the urgency that you talk about all the time, the urgency we talk about here in the war room,
00:38:11.800 what is missing? What, what, what are they seeing that we're not seeing that they just
00:38:16.000 sense, they can just glide and hold the House and hold the Senate in this midterm.
00:38:22.840 It's a puzzle, to be honest. I mean, you just look at the political dynamics and you say,
00:38:27.180 you know, how could you guys think this is a good idea? You know, I can't defend it. My best
00:38:34.440 explanation for it is that, you know, this is just sort of old habits dying really hard. I mean,
00:38:40.080 for a long time, the Republican Party's stance was markets always work better. Just get out of
00:38:46.240 the way of the market and everybody will flourish. And so what that meant was our, you know, the way
00:38:51.540 of arguing was very much, well, we're just going to pick at every little thing, right? We all we
00:38:56.300 have to do is prove that a bill is not perfect. And then we have an excuse to vote against it
00:39:00.360 because we think nothing is always the best answer. And what we've learned is that that's
00:39:05.140 just not true. There are all sorts of cases where, you know, leaving Wall Street to its own devices
00:39:09.960 leaving China to its own devices, leaving the border open, there are all sorts of things we
00:39:15.880 actually need, rules for our economy if it's going to work for people. And so as we start and as you
00:39:21.760 see President Trump and the administration start to develop more of these ideas, as you see some
00:39:26.220 of the more innovative Republicans, folks like Senator Moreno, Senator Hawley, Senator Schmidt,
00:39:32.160 Senator Banks, obviously when Senator Rubio and Senator Vance were on the Hill, they were doing
00:39:37.440 this, developing and putting forward these ideas that, as you said, of course, they're
00:39:43.260 not perfect.
00:39:43.820 And in every case, I have something I would change, too.
00:39:46.800 But that's the art of legislation, of actually making change.
00:39:52.140 And you have to be willing to recognize, look, this is a lot better than nothing.
00:39:56.660 And we still have people in the House in particular who have the attitude that nothing is always
00:40:00.680 better. 0.98
00:40:01.340 And it's a political loser.
00:40:03.540 But ultimately, more importantly, it's just not good for the country.
00:40:07.440 I want to go back to what you just said about the free markets. 0.70
00:40:11.100 The reason we're in this situation with China is for years you had the free traders, 0.88
00:40:15.300 and they didn't quite realize that the Chinese are a totally mercantilist system. 0.96
00:40:21.160 I'm a big advocate for decoupling. 0.99
00:40:23.060 I realize people say, hey, we can't do that.
00:40:26.240 It's not smart.
00:40:27.000 We need them. 1.00
00:40:27.960 But the Chinese, behind the scenes, particularly on technology,
00:40:31.700 and this is where they're trying to get all the advanced chips.
00:40:33.460 They're trying to re-engineer things.
00:40:34.580 They've got 350,000 kids here in college to learn it.
00:40:37.440 They are since May 19, when they tore the Lighthizer deal up, we spent two years working on that with solved all these problems.
00:40:44.800 They tore. They looked at it and they said, we will be in the foreign devil system and we're not going to do that.
00:40:50.140 They tore it up after two years, really spit in our face.
00:40:53.400 Then we had the bioweapon of the pandemic.
00:40:55.820 Then we now know they hacked into the 2020 election, the series of events of where they proven they're our enemy.
00:41:03.340 Right now, it appears that we're going over and we're trying to either integrate more or continue to couple.
00:41:10.720 What is missing of the understanding that these guys are maniacally focused on eventually, it's a one-way street for them, but decoupling from us as quickly as they can, sir?
00:41:21.140 Yeah, the one-way street is exactly the way to put it because, of course, they're happy to have us coupled to them.
00:41:27.580 They are just have no interest in an actual mutually beneficial trading relationship.
00:41:33.720 And I think a lot of American, you know, leaders, business leaders struggle with the idea that maybe not everybody is the same as you.
00:41:41.380 Maybe not everybody thinks the same way and wants the same things.
00:41:44.500 And over and over again, we have made this mistake of thinking, no, no, China really, you know, China really wants a partnership.
00:41:51.120 China really wants our companies to come in and succeed there.
00:41:53.940 You know, Jensen Huang actually had had one of the NVIDIA CEO had one of the most bizarre statements recently when he said, you know, the Chinese Communist Party leaders say they want us to come and invest and to succeed.
00:42:06.400 And I believe them. And you just listen to that. I mean, I guess I saw they picked him up in Alaska on the way over to Beijing.
00:42:13.380 I'm not sure if that's at President Trump's invitation or President Xi's invitation.
00:42:18.860 But that attitude is what has, for a couple of generations of businesses now, just hollowed out our economy, ruined opportunity for our workers, handed over our best technology.
00:42:30.680 And so I think, you know, the good news is that President Trump obviously is the one who called this out first in a lot of ways back in 2015, 2016.
00:42:38.060 You know, he gets that the old way doesn't work, but the question is what's going to replace it?
00:42:43.080 And so I think having these kinds of conversations, you know, we should be meeting with them.
00:42:46.980 But what we should be pushing toward is not, great, let's get a, you know, let's get a great deal that, you know, this time we think is going to work.
00:42:55.080 We should be pushing toward finding, you know, you mentioned sort of in the earlier segment, a board of trade, something that kind of says if there's going to be traded, sorry, free market is just not an option here.
00:43:06.220 It's going to have to be limited.
00:43:07.420 It's going to have to be managed.
00:43:09.080 And then most importantly, it can't be investment.
00:43:11.780 We can't have them owning stuff over here, running factories over here.
00:43:15.320 And we can't have our business leaders owning stuff in China, investing in China.
00:43:19.940 And then that just leaves them sort of beholden, kowtowing to the to the Communist Party.
00:43:25.840 Orin, hang on a second. I won't hold you through the break.
00:43:27.780 I want to get people all your coordinates and particularly the book you've got out and more about American Compass.
00:43:33.480 Orin Cash, chief economist or American Compass next.
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00:45:36.360 You move
00:45:39.400 Here's your host, Stephen K. Mann.
00:45:43.680 Oren Kass, I want to give the coordinates.
00:45:45.780 Your book, I want the website, the magazine, all of it, particularly two articles.
00:45:51.720 One about this amazing piece you wrote for the New York Times about these current meetings in China
00:45:57.880 and particularly some of the ideas are being thrown out there about the Chinese Communist Party investing in the United States of America.
00:46:04.820 um also i believe you've got a piece that breaks down this housing bill which i want everybody to
00:46:12.460 get on we got to get the house on top of this thing um we need more content we need better
00:46:16.860 content so walk me through your coordinates where do people go yeah thank you the you know as you
00:46:22.560 said we had a big piece in the new york times over the weekend on this investment issue uh we also
00:46:26.940 just published polling uh at american compass.org that shows that the american people don't want
00:46:32.320 Chinese investment in the United States. The American people don't want us selling advanced
00:46:36.420 AI chips to China. And then on the housing stuff, really check out our magazine. It's called
00:46:42.040 Commonplace. It's at commonplace.org. And especially Daniel Kishi on our team is really
00:46:47.920 the guy on a lot of these housing issues, wrote a fantastic piece called The Question of Why
00:46:52.980 on the Housing Supply that really looked exactly at how do you write a bill that actually,
00:46:59.880 yeah you want more housing but also you should think about what kind of housing do you want
00:47:04.700 and so i think that really lays out the argument well uh we've got uh our book the new conservatives
00:47:11.000 that sort of explains what's going on with all this new thinking as as we move away from the
00:47:15.800 paul ryan republican party uh and you can find me on x at orrin underscore cast
00:47:21.620 orrin you got a lot of you're juggling a lot of balls you got a lot of things in the air over
00:47:26.660 there at america compass great you're on top of every important issue out there so thank you sir
00:47:31.240 appreciate you well really thanks thanks for the time this was fun yeah go check out their site
00:47:36.960 check out his social media particularly the magazine all of it and we'll look work with
00:47:42.060 one to get brother keesey up here to talk about this housing situation uh major grassroots victory
00:47:47.380 last night in the great state of nebraska scott peterson scott you're the winner of the primary
00:47:52.660 endorsed by President Trump for Secretary of State, and God bless you. We need more
00:47:57.920 Secretaries of State to get back to good old-time religion. Walk us through your victory, sir. 0.99
00:48:03.400 And actually, I wasn't endorsed by President Trump, and that's kind of one of the fun things
00:48:07.920 of the campaign. And as a consultant, you'll understand that my opponent, his consultant,
00:48:13.460 tried to turn him into Trump, Trump, Trump, and it was almost a fake endorsement. I think I sent
00:48:17.660 camera and a graphic of the fake endorsement oh yeah but didn't president trump tweet out last
00:48:24.840 night your victory i hope so i wish he would wow this is great it is a huge victory and you too
00:48:35.880 steve uh you know nebraska politics uh you know uh four years ago uh the precinct project you know
00:48:42.280 get everybody involved in county parties and get them involved in the state party and and mega
00:48:46.620 Republicans kind of took over our state party in Nebraska in 22. And since then, we've had a little
00:48:52.900 problem because our elected officials haven't really got along with the state party. We've had
00:48:57.960 a division there and problems. And then of course, you know, our division in the Omaha area with
00:49:03.620 Congressman Don Bacon, Trump people versus Congressman Don Bacon. So last night's victory
00:49:09.380 is a true grassroots victory. And when you see how much money I spent, you're just going to be
00:49:14.860 shocked at how we pulled this off. Well, how did you do it? This is why I talk about structured
00:49:20.760 content process, process the grassroots. The grassroots are fired up if they feel that they
00:49:26.720 can organize to victory. What was it about you and your candidacy that got people fired up and
00:49:31.580 focused to win this? Well, you know, I was plugged in and I had one thing on my mind. If we don't
00:49:37.380 fix our election systems, we're in danger of losing our country. And locally, you know, people,
00:49:43.420 there's a big, big group of people across our state that don't trust our election system. So
00:49:48.780 that was part of the campaign. I want to restore confidence in election systems. The other part is
00:49:53.740 our elected leaders. We work hard. We elect leaders. They go to Washington, D.C., they go to
00:49:59.420 our state legislature, and they do nothing. And the greatest example of that is, you know,
00:50:04.280 the SAVE Act. They can't pass the SAVE Act, 80-20 issue. So people are getting frustrated with our
00:50:09.060 leaders. And the danger of that is they're going to quit voting. And then we're really going to
00:50:13.940 have a hard time electing good leaders because they look at this thing, they go, hey, why work
00:50:18.740 hard and vote if they don't do anything? So we have to restore confidence in our leaders. We have
00:50:23.100 to store confidence in our election system. And that's why I ran. And obviously the voters in
00:50:28.460 Nebraska agreed with me. We had a big victory, a 10 point victory with, like I say, you're going
00:50:33.440 to laugh at how little we spent on this thing. And it was amazing. What a blessing. I've had
00:50:39.280 such a blessing going across our state, meeting so many good people and seeing the beauty of
00:50:44.060 Nebraska. It's awesome. I live in West Omaha, so it was great to get out of Omaha and see the rest
00:50:48.820 of the state. Wonderful experience. And I'm glad you had me on because it is a big Trump victory
00:50:55.340 and a victory for the Precinct Project and everybody getting involved. I'll be the true
00:51:00.300 first Trump-supporting candidate elected statewide in Nebraska, federal or statewide.
00:51:07.720 Talk to me about that. There's so many, the base out there, and there's so many
00:51:11.200 patriots and precinct strategy and MAGA and Trump supporters. What has been this rift
00:51:18.660 between the kind of MAGA base and the people and where the muscle is of grassroots and getting to
00:51:23.840 vote in this political class? What is this? Because it doesn't, now you're starting to win,
00:51:29.440 but there's still this almost civil war why is that well i think this this victory last night
00:51:36.520 is going to go a long ways in uh bringing the party together and getting us together and start
00:51:41.560 focusing on the true problems and the true enemy of uh freedom and and i'm looking forward to that
00:51:47.320 being a part of uh that bringing us together uh we've had statewide officials that just for some
00:51:53.460 reason haven't really embraced uh fully embraced trump and supported trump they give him lip service
00:51:58.800 a little bit, and especially Congressman Don Bacon goes out of his way to poke Trump all the
00:52:05.460 time and antagonize him. And it's wonderful that we won't have to put up with that at the end of
00:52:10.720 the year when we elect the new congressman in our district. So yeah, it's time to bring the party
00:52:16.300 together. And now we are going to be a true MAGA state, because we are, except our elected officials
00:52:23.280 haven't come along as much as I thought they should have. Scott Peterson, where do people go
00:52:28.460 for social media but also for your campaign site we still got a general to run and uh and you've
00:52:33.240 got a great message for the country for the mega base where they go uh peterson for nebraska and
00:52:39.000 that's s-e-n peterson for nebraska.com absolutely there's a lot of information we have some good
00:52:44.240 videos uh a couple funny videos uh you'll have fun with our information we one of the things i do is
00:52:50.940 uh i tell our campaign team have fun be yourself have fun and we did and it worked and i'm excited
00:52:56.540 to move forward to the general election. Fascinating. And by the way, President Trump
00:53:03.180 did jump all over your victory. So good on you, sir. That was a big challenge because
00:53:11.100 the fake endorsement, I got to give his consultant, he hired a DC consultant that
00:53:15.960 specializes in troubled candidates. And his consultant did a good job of turning him into
00:53:20.640 Trump, Trump, Trump. And, and, you know, it worked to a point. So I'm glad we got by that.
00:53:26.060 Now we can really get to work and support President Trump in Nebraska.
00:53:31.160 Onward to victory, sir.
00:53:32.500 Thank you so much.
00:53:33.660 Short break.
00:53:37.960 Fellow patriots, the Federal Reserve has betrayed America for over a century.
00:53:43.480 Printing fiat, inflating away your savings, serving globalist masters.
00:53:49.080 But President Trump is ending it.
00:53:50.920 President Trump is wielding a 112-year-old law to reclaim control from the rogue Federal Reserve.
00:53:59.680 He's replacing Jerome Powell, slashing rates, igniting America's re-industrialization.
00:54:05.420 Now, this is not theory.
00:54:07.540 Government-backed industry plus low rates unleashes super cycles.
00:54:11.980 History does repeat.
00:54:14.320 Gold's already exploding.
00:54:16.080 Miners are up over 400 percent in the last year.
00:54:18.460 What Rickards is calling Trump's gift is wealth for American patriots, not global handouts.
00:54:26.520 Now it's America's turn.
00:54:28.580 Jim Rickards, former CIA and Pentagon veteran, says act now.
00:54:34.520 Go to Insider2026.com, that is Insider2026.com, to get Jim Rickards' strategic intelligence
00:54:43.520 newsletter today.
00:54:44.580 Strategic intelligence, based upon predictive analytics, it's what chairman and CEO throughout the world read, and you should too.