Bannon's War Room - Episode 5473： Bolton Pleads Guilty; Peter Navarro Live In The WarRoom

00:00:00.000 this is the primal scream of a dying regime pray for our enemies because we're going medieval on

00:00:10.820 these people here's not got a free shot all these networks lying about the people the people have

00:00:17.420 had a belly full of it i know you don't like hearing that i know you try to do everything

00:00:21.180 the world to stop that but you're not going to stop it it's going to happen and where do people

00:00:24.760 like that go to share the big line? MAGA Media. I wish in my soul, I wish that any of these people

00:00:32.580 had a conscience. Ask yourself, what is my task and what is my purpose? If that answer is to save

00:00:40.240 my country, this country will be saved. War Room. Here's your host, Stephen K. Band. 0.62

00:00:47.660 Friday, 26th, June, Year of Our Lord, 2025.

00:00:54.060 A little controversial about this, but today's 150 years.

00:00:58.960 Some people argued yesterday, I argued today, of General Custer in the battle of the Little Bighorn.

00:01:06.280 Peter Navarro, for the second day in a row, we got a major player from the administration.

00:01:10.160 We had Ambassador Crowley yesterday for over an hour.

00:01:13.020 We've got you today, and we're going to keep you as long as we can keep you.

00:01:15.560 Thank you.

00:01:16.920 Buddy, the admiral, I've got to be.

00:01:18.660 This is where it's happening now in the media.

00:01:21.700 It's like a vortex.

00:01:22.940 I got sucked into it.

00:01:24.080 So let's see what happens, Matt.

00:01:25.220 Okay, we're going to talk.

00:01:26.020 We've got a lot of topics.

00:01:27.700 I almost said a bad word.

00:01:29.020 We've got a lot of stuff to talk about.

00:01:30.020 A lot of topics.

00:01:31.580 By the way, 150 years ago, little bighorn, two years ago, we were both in prison, right?

00:01:36.880 No, I was about to report, and you were there.

00:01:38.900 I think we never overlapped.

00:01:41.780 I thought we did.

00:01:42.380 Yeah, we did.

00:01:43.000 Did we overlapped a little bit?

00:01:43.380 Yeah, for about two weeks, because you came to the Republican National Convention.

00:01:46.720 Yeah, then who was doing the show?

00:01:48.720 No, but then you came out.

00:01:50.880 I got your paycheck, in fact, in the back.

00:01:53.040 Okay, let's go to Texas.

00:01:54.480 And it will always stay there.

00:01:57.700 Brandon Hall.

00:01:59.280 I am shocked.

00:02:00.000 I got Brandon Gill, Congressman Gill, put up a tweet overnight that said that the Battle of Lexington and Concord are not in the Texas schoolbooks.

00:02:10.640 This is the fight we've had.

00:02:11.720 We helped you guys get this massive turnout last Monday for the live testimony.

00:02:17.180 I know you guys have been fighting.

00:02:18.280 Please tell me that the great state of Texas is not taking out the beginnings of the War of Independence

00:02:24.860 to mollify Muslims who want to tell us that the Alamo was created in an Islamic design architecture, sir.

00:02:35.160 That was extremely concerning. 0.99

00:02:36.860 But I have good news to report, which is that we got the battles of Lexington and Concord added back in.

00:02:42.400 So our students will once again learn about the great stories of the revolution that founded our country.

00:02:47.660 So I'm excited about that, Steve.

00:02:50.780 Yeah, but here's what I'm not excited about.

00:02:53.280 How is this even a controversy?

00:02:54.880 You guys have worked on this.

00:02:56.000 We won the preliminary battles a month ago.

00:02:57.880 You come back for the final.

00:02:59.300 You have a huge turnout.

00:03:00.640 Care in the Muslim organizations.

00:03:02.700 And people have to understand there's a lot of Texas businessmen working with these people.

00:03:07.280 But how do they even put up a front?

00:03:09.180 My understanding is we're like 50-50 now of getting the good stuff in and the bad stuff out.

00:03:14.780 And these textbooks, this fight under social studies is so important because it's going to basically drive the direction of, I don't know, 20 states textbooks for elementary school and for high school, sir.

00:03:27.120 Well, the State Board of Education this week has been the premier battlefront in the fight to save Western civilization, the American Republic and our Texan way of life, because as you know, this determines what's taught in the classroom for five and a half million Texas students and over 20 states will follow what we do here.

00:03:45.600 So there could be no important battle. And just like Colonel Travis at the Alamo, we've been besieged this week and, you know, at times outnumbered by the radical Islamists, by the Marxist historical revisionists.

00:03:57.820 And then we've had Democrats who have proposed hundreds of amendments to erase the great things about our country and, you know, introduce their critical race theory into our history.

00:04:06.860 So we've had to hold the line. We've had to vote against them on every single amendment.

00:04:11.060 And then, you know, occasionally some of their amendments pass, which is, you know, what happened with the Lexington and Concord situation.

00:04:16.300 And so we've had to be here until two o'clock in the morning, multiple nights in a row, just fighting line by line with hundreds of amendments, trying to hold them back.

00:04:24.760 And sometimes it can come down to is one of our people in the bathroom. I mean, it's a real battle.

00:04:28.660 What about these – there are certain Republicans, though, are flipping and supporting the Islamists in rewriting Texas history and the history of the republic, correct? 0.82

00:04:40.380 Well, there have been times where we've had Republicans come over and join Democrats for amendments. 0.85

00:04:45.200 The Texas State Board of Education is 10 to 5 Republican.

00:04:48.340 We have a supermajority.

00:04:49.440 So if Republicans stuck together, we would never lose a vote.

00:04:52.860 But unfortunately, sometimes Republicans will cross over.

00:04:55.660 Some of our more moderate members will cross over and vote for Democrat amendments.

00:04:59.560 And so what we've really been trying to do is get them to hold the line and stand with the patriots.

00:05:04.980 Is today still the last votes?

00:05:07.020 And what can the war room and the war and posse do to confront this, to help you guys, to assist you, to augment you?

00:05:14.500 I'm about to step out and vote here probably within a matter of minutes, and we will take our final votes today.

00:05:20.240 If you're watching this right now, pray for the Texas State Board of Education that we can finalize this and get this done.

00:05:27.260 But I'm excited for a great victory, just like at the Battle of San Jacinto.

00:05:30.400 We're going to pass today a great literary works list that brings our classics back and brings the Bible back into Texas schools for the first time in 60 years.

00:05:38.400 And we're also going to pass terrific K-8 social studies standards.

00:05:42.300 We were able to do great work there, teach about the founding of the country, this American exceptionalism and our great heroes throughout history.

00:05:48.920 So I am very confident in those standards. And it looks like our high school courses, they are going to be delayed.

00:05:55.400 So we're going to have to come back and take another bite at them.

00:05:57.380 But just the literary works list that we're going to pass and the social studies standards K through eight is a huge victory.

00:06:04.220 But but we're going to come back. We're going to make sure they're not going to approve textbooks for the high school kids.

00:06:09.560 That is, it got all this hate America that these radical Marxist, jihadist Democrats in these in these gutless turncoat Republicans are supporting.

00:06:17.780 In other words, we're not going to leave here today and there's going to be any question we're going to get to the text, the high school textbooks later.

00:06:25.240 Yeah, that's right. There's no question. We're coming back at this. We will never let that happen.

00:06:29.500 This week, we've had the calendar care has come in, the foreign terrorist organization.

00:06:33.240 People have put tremendous pressure on this board not to do the right thing.

00:06:37.200 And they're going to put tremendous pressure for us just to keep delaying this and never come back and do it.

00:06:41.020 But, Steve, I'll tell you, I will not let that happen. And I think the conservatives on the board won't let that happen.

00:06:45.780 We will come back and we will get this done.

00:06:47.780 uh brother you and julie pickering and the rest have got we've got your back i want to get you

00:06:54.320 back up here at five o'clock where i go through all of it so brandon where do people get you what's

00:06:58.000 your social media and where do people go to they want to do a have a blow by blow on this fight

00:07:02.920 historic fight that you're having in texas follow me on x at brandon hall tx brandon hall tx and

00:07:10.520 steve i just want to thank you in the war room a lot of the victories that we've had

00:07:14.480 have been, you know, thanks to you in the war room

00:07:16.700 and the great patriots of Texas speaking up

00:07:18.620 and we didn't let this fight get away from us.

00:07:20.660 So thank you so much for having me.

00:07:23.300 Look, it's the least we can do.

00:07:24.460 You do the hard work.

00:07:25.440 We just was yelling back in the back of a microphone.

00:07:28.920 Love you guys.

00:07:29.580 Keep fighting today.

00:07:30.540 We'll check in with you this afternoon.

00:07:33.380 God bless.

00:07:37.020 John Bolton, we can just keep our honor

00:07:38.620 that John Bolton's supposed to be in court to plead today.

00:07:41.600 He's got potentially 180 years in prison,

00:07:44.240 right 10 counts 18 counts of 10 years apiece um he's he's already pled a guilty to one i don't

00:07:51.040 know why they did that um and it's two and a half million dollars we don't care about the money

00:07:54.840 he'll get all of his overseas clients including apac and the israelis to pay for it because he's 0.91

00:08:00.720 a spokesman for that crap um but uh i want to know how many i want to know how many years in 0.94

00:08:06.540 prison he gets for this because there was a lot of classified information he took it out he broke 0.98

00:08:10.460 the law we got a you know bolton's a guy on the on the target list um and they uh traded to the

00:08:16.560 country we shouldn't let him assume we know that also we're going to have the i think mail-in

00:08:21.360 ballots and we should today mail-in ballots and birthright citizenship so the uh we can always

00:08:28.160 tell when it heats up the supreme court when they start up armoring here with the federal

00:08:32.260 protective services yesterday a couple victories um peter navarro so so the new book from the

00:08:42.580 melting pot to the meltdown pot right i thought yeah i didn't they tell us steve all we were

00:08:49.140 doing was importing cheap labor wasn't that wasn't that what we were doing well no the culture the

00:08:55.220 religion and this to that it's pretty much this whole replacement theory is like bogus america's

00:09:01.020 an idea yeah america's not america's not idea it's a sovereign nation with borders and a people

00:09:06.120 and a culture it's outrageous man dude it's like our brother we're in hand-to-hand combat in texas

00:09:12.040 and the state board of education we lost you know the great young congressman brandon gill put up

00:09:16.240 last night he's got a picture of like lexington in a big the battle of lexington some great work

00:09:20.960 of art i think it was turnbull or somebody he's got a big red x to it that as of as of last night

00:09:26.560 The battles of Lexington and Concord were out, and they're talking about how great Islam is

00:09:31.960 and what a great thing it's done for the world.

00:09:34.000 I mean, like Tlaib, right?

00:09:35.960 Or Omar.

00:09:37.900 It's like, how do you get those people? 0.95

00:09:39.420 Well, you get them because you let the open border come in.

00:09:42.440 You bring in people.

00:09:43.880 You put them there.

00:09:44.820 They gather together, and then they create their own sovereign state to basically rip off America.

00:09:51.260 worried about talib i mean i'm not as worried about talib as i've argued in uh new york city 0.72

00:09:56.840 the democrat you know it's this marxist jihadist and they just won these elections now they didn't

00:10:02.160 have a huge turnout but the people that turned out well see that's that's remarkable steve i

00:10:06.340 remember like when i was in uh electoral politics back when i don't know the war room knows i ran

00:10:12.220 ran for mayor right like as a left-wing populist the the i'm on a roll here let me do this it's

00:10:20.140 I got like, I don't know, a quarter million votes or something like that.

00:10:24.740 And then Bob Filner is like the congressman from the district in San Diego, right? 0.99

00:10:31.760 He goes to Congress with like 14,000 votes because nobody votes in the damn thing. 0.97

00:10:36.880 I mean, if you look at how many people are actually voting in that election, 0.98

00:10:40.680 and you've got all those New Yorkers clutching their pearls, 0.90

00:10:43.400 why don't they frigging go to the polls? 0.97

00:10:45.560 Can't be bothered. 1.00

00:10:46.140 And if if the Jewish people in New York voted, you can't imagine that they'd put it be putting those folks in. 1.00

00:10:55.360 Correct. They voted. They voted for Mondami. 1.00

00:10:57.100 You think so?

00:10:57.500 The young progressives.

00:10:58.600 Well, Mondami, yes, but it's not these other people.

00:11:01.180 They voted for these. The key issue was Zionism and these young progressive Jewish people vote against Israel.

00:11:08.200 Oh, by the way, New York City had a head.

00:11:10.360 I went to the mall yesterday to kind of look at all things.

00:11:13.200 They gave New York City one.

00:11:14.520 You go in there, and they had, like, Kleenexes that were American flags, right,

00:11:18.880 in honor of that woman who got elected, right?

00:11:22.080 Making a joke here. 0.81

00:11:23.340 Okay, got it.

00:11:25.000 I had to hook.

00:11:25.940 He's like, no, you saw that.

00:11:28.480 I go, what? 0.68

00:11:29.020 The woman, like, she uses her American flag.

00:11:32.420 No, no, no, it's terrible. 0.99

00:11:33.820 Yeah.

00:11:34.260 Well, we had Zero on the other day, and Zero repeated like it was a joke of a comedian,

00:11:40.280 and he's saying it seriously.

00:11:41.640 And I go, hang on, Mondami's going to read the names this year of the pilots.

00:11:45.080 And I go, what?

00:11:45.820 Hangover's like, what?

00:11:46.900 I haven't heard that.

00:11:47.860 I haven't seen it.

00:11:48.460 It turns out Zero's repeating a joke.

00:11:51.940 But it's very serious.

00:11:53.120 As Texas goes, so goes the nation.

00:11:54.800 That's where we've been spending so much time.

00:11:56.440 It's very concerning.

00:11:57.520 Very concerning.

00:11:58.120 Very concerning.

00:11:58.740 So talk to me.

00:12:00.040 Nobody's talking about it except you.

00:12:01.980 It's like the mainstream, legacy, left-wing, whatever, media.

00:12:07.600 Forget the left-wing media.

00:12:08.560 I'm talking about the left-wing media.

00:12:09.740 I'm talking about Fox News.

00:12:10.660 Yeah, I'm talking legacy media.

00:12:11.500 Oh, you're talking about left wing media.

00:12:12.980 I said legacy and left.

00:12:15.520 You're a big star over there with our girl, Maria, who's fantastic.

00:12:21.540 She is tenacious.

00:12:22.620 Okay, I want to talk about why I've got you.

00:12:24.820 Let's get serious here.

00:12:25.300 You never know where you're going to go.

00:12:27.060 I mean, this is like serious stuff going on in this country right now.

00:12:30.820 Tell me about the economy.

00:12:32.280 So let's –

00:12:33.960 I want to go to the thing you did in Real Clear Markets.

00:12:36.320 Okay, so what I'm doing now –

00:12:37.580 The seven things you should think about.

00:12:38.740 This is like back to my future.

00:12:40.660 When I was kind of working in academia and CNBC and all that stuff like that, my bag was every month there's economic indicators that come out, right?

00:12:53.640 It's the CPI, the PPI, durable goods, GB, all that stuff, right?

00:12:58.460 And the whole conceit there is if you watch the indicators, it'll help you kind of figure out what the financial market's going.

00:13:05.260 And so there's a synergy between stock market investing, bond market investing and the indicators.

00:13:11.620 So I got steeped in that.

00:13:13.500 So what I'm doing now is every time there's important indicators coming out, I do a little piece for real clear markets and get it out there.

00:13:21.860 And what's stunning me, Steve, is like the narrative right now is there's inflation.

00:13:28.480 Therefore, there must be Fed rate hikes.

00:13:32.540 OK, there's inflation there before.

00:13:34.620 there must be Fed Ray hikes. But what people don't understand, well, I don't know if they

00:13:40.100 understand it or not, but the media is shoving it down our throat. Here's the thing. You have

00:13:44.800 to distinguish between the kind of demand pull inflation that we had when Biden was just running

00:13:50.680 bills. Explain to the audience they're not Harvard trained accountants. What is demand

00:13:55.080 pull inflation? Demand pull is the idea of too much money chasing too few goods. So when Biden's

00:14:00.260 doing all these fiscal stimulus bills and the fed is accommodating that right you're just like

00:14:07.840 just blowing cash in and that's creating demand pull inflation right and so in order to pull that

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00:16:49.840 Okay, thanks.

00:16:50.820 We're back.

00:16:51.800 Okay, poll inflation.

00:16:53.840 Our audience must understand where we are.

00:16:57.520 And the audience trusts you, right?

00:16:59.500 You were my co-host.

00:17:01.060 You were one of the biggest contributors.

00:17:02.540 By the way, we didn't have a bad run of contributors.

00:17:05.380 You, Vote, Besant, Monica.

00:17:08.800 I mean, we had a pretty good run.

00:17:10.380 Not bad.

00:17:10.840 Had a pretty good run.

00:17:11.860 Not bad.

00:17:12.360 So come on.

00:17:13.100 Tell us what's going on.

00:17:14.380 Because people are sitting there going, the rent's too damn high.

00:17:17.260 The food's too damn high.

00:17:18.700 I don't want to hear any happy talk about it.

00:17:19.500 There's no question that that's true.

00:17:22.040 That's all that's true.

00:17:22.820 But here's the question.

00:17:24.840 Should the Fed raise interest rates based on economic data?

00:17:29.820 And my claim is that if the Fed raises interest rates, that will guarantee a recession and it won't really cure any kind of problem at all.

00:17:39.800 And what you have to do is distinguish between two kinds of inflation.

00:17:43.680 The normal kind is demand-pull, too much money to taste and too few goods.

00:17:47.800 It's when you get fiscal stimuluses that drive us into debt.

00:17:51.660 You get both inflation and growth with demand-pull inflation, both inflation and growth.

00:17:59.060 So a Fed rate hike makes sense to rein in the inflation by reining in the growth.

00:18:05.480 OK?

00:18:06.100 Now, that's not what we have here.

00:18:07.600 What we have here is a classic energy price shock, like we had, for example, in the 1970s stagflation era, like we had in the 1990s.

00:18:17.440 Hang on, full stop, full stop, you're getting ahead of us here.

00:18:20.100 Stagflation?

00:18:20.500 Hang on, you're getting ahead of us.

00:18:22.320 I've got to understand this.

00:18:23.860 I got the energy shock.

00:18:27.880 That started, and I'm going to pick a random date, February 28th of this year, okay?

00:18:32.880 No, I want to go back.

00:18:34.320 You and Besson and Russ and the whole team, Hassett, you had a plan, supply-side growth, et cetera, the president.

00:18:42.040 It was working.

00:18:43.520 But on the growth side was working, we still had what they call affordability.

00:18:47.360 There were still some inflation issues, you agree, before the 28th of February.

00:18:51.760 For example, beef, which is a really difficult problem to hold.

00:18:55.120 But was that still the demand pull?

00:18:57.120 But everything was – yeah.

00:18:59.060 Look, everything was coming down, trending nicely.

00:19:03.340 The core was coming, trending down nicely.

00:19:05.880 It was going to hit two.

00:19:07.100 Life was going to be good.

00:19:08.280 But the problem—

00:19:09.160 Besson said, I'm going to get back to the Fed's target of two.

00:19:11.840 We're going to get there.

00:19:12.840 I can see that in the summer or early fall.

00:19:15.800 But the glide slope, we're on the glide slope, correct?

00:19:18.280 No question.

00:19:19.220 Then comes February 28th.

00:19:20.960 Yes, and then you get the energy tax rate.

00:19:22.760 But let me lay the groundwork, lay the predicate.

00:19:26.460 Demand pull—hang on.

00:19:27.640 Did you geniuses over there think about the issue of the supply side shock that was about to come?

00:19:35.460 Of course.

00:19:36.700 Look, but demand pull gets you inflation and growth.

00:19:40.220 Fed hike works because it brings down inflation, and therefore it brings down growth because it basically induces slower growth.

00:19:53.160 Okay.

00:19:53.920 stagflation if you get the inflation but you also get the recession because when people

00:20:00.800 are paying more for gasoline they're not buying stuff in the economy and you were the first one

00:20:05.840 to call stagflation back in the biden years with when biden first did it you had the inflation

00:20:10.120 thing right where krugman and all these other geniuses had it wrong correct correct and so

00:20:14.820 in this case what history tells us going back to greenspan kuwait war 90s oil price shock

00:20:22.900 bernanke iran oil price shock 2006 you do not raise rates into an oil price shock because

00:20:33.140 you will just make things worse you don't make things better so that's where we are so what

00:20:38.600 what i'm looking at the data let me tell you what the data says hang over a second before you talk

00:20:42.380 to the data why are we having this conversation at all because wash under no circumstance will

00:20:47.820 wash raise rates right uh look that first meeting was not meeting my expectations tell me why that

00:20:56.960 was way way hawkish okay fine okay now you could argue that he wasn't the hawk because but when you

00:21:04.940 published all those dot plots he's like going into saigon in 1968 the vietcong is all around him

00:21:11.040 you've got pal and his minions are on the board including the ones that we haven't we tried to

00:21:16.720 turf out and haven't turfed out yet from cheating on the mortgages talk to people about why it was

00:21:20.880 more hawkish because this is what i want the audience to understand what warsh is walking

00:21:25.700 into because this is emblematic of every institution what pulte see in a dni what people

00:21:31.040 see in the department of war the town is run by a permanent government we call the deep state you

00:21:35.820 have a financial deep state in the and this is why my point is it's so far gone you got to you

00:21:41.100 got to go back to andrew jackson get rid of the central bank but given that this is general

00:21:45.240 custer's day you could kind of liken worse to walking into that and at least risking that

00:21:50.120 so you got seven people including wars that will vote on fed policies rake hike stay the same cut

00:22:00.020 right four of them are biden appointees hang on full stop what do you got uh breaking news

00:22:06.420 former national security advisor john bolton pleaded guilty in federal court on friday to

00:22:10.240 the one count of retaining national security information related to his tenure during the

00:22:13.440 First, Trump administration, Bolton has served national security values above a Greenbelt.

00:22:17.660 Bolton faces a prison sentence of up to 60 months and has agreed to pay a $2.2 million fine.

00:22:24.160 But what did the judge rule?

00:22:25.520 Potentially sentencing his point in October.

00:22:28.640 Ah, he just pled guilty.

00:22:30.300 He got a sentence later.

00:22:32.420 Then we have months.

00:22:35.720 God, the first time my producer's ever talked on the show.

00:22:39.240 His name is, he lives at, no, no, no.

00:22:43.440 So he gets, OK, so we have our work to do between now and October to make sure he gets 60 months.

00:22:48.920 I don't think John Bolton will handle prison well.

00:22:50.940 Well, you and I both know some of the guys that were in there did far less than John Bolton did.

00:22:57.820 And they're serving far more time than he might even get.

00:23:01.520 So the fine is that the fine is not as it may.

00:23:06.420 So we're back to Warsh in a hostile environment.

00:23:10.380 Did you go to prison, by the way?

00:23:13.440 how are you going there are you going there man some of us yeah some of us went to prison

00:23:21.680 yeah did your backhand improve hey whatever this guy says all you got to know is that there's more

00:23:29.560 danger in a dorm with like 50 guys that could kill you than having having his little celly

00:23:36.880 in there that he paid off hold it i will say are you going there really say the following 0.99

00:23:41.840 you went to a camp but it was probably more dangerous than the damn prison like those camps 0.94

00:23:47.560 can get a little dicey if you get the bad draw and you got a bad draw yeah that's camp is known for 0.98

00:23:52.520 for bad bad hombres yes bad okay keep going talk about those drones flying overhead 0.99

00:23:59.540 Every day they're dropping shit down, man. 0.99

00:24:03.460 Folks, it's the way they get the drugs and the phones in. 0.99

00:24:07.640 I said, what are these things?

00:24:08.500 It's like the daily drop.

00:24:10.480 There's certain things that I'll never talk about that I saw on there for good reason.

00:24:15.120 But it's prison.

00:24:17.480 It's prison.

00:24:18.280 But speaking of prison, Kevin Warsh.

00:24:20.860 Kevin Warsh.

00:24:21.260 So he's got four out of the seven that are Biden people who hate us.

00:24:26.020 Waller is a fifth.

00:24:27.320 there was a trump appointee uh or maybe uh a bush appointee but he's he's in the same ilk he's not

00:24:35.440 a trump guy um and so warsh has historically been a hawk these people have trump derangement

00:24:43.960 syndrome but but here's what he did which which set the table these things called dot plots okay

00:24:50.740 he wants to get rid of them but he didn't what he did was he published each person's dot plot

00:24:56.800 Explain to the audience.

00:24:58.980 So I say to you, Steve, draw the dots for what interest rates are going to look like over the next four quarters.

00:25:06.580 Based on your analytical, you do that, but it comes out, it's manifested in dots.

00:25:10.300 And you do it like independent of the other people, and then you compare the dot plots, and that gives Wall Street a chance to make even more money on poly markets.

00:25:18.800 So he published the dot plots, and all the dot plots that he published said Fed rate hikes by the end of the year.

00:25:28.860 Okay?

00:25:29.400 Very hawkish.

00:25:30.980 Okay?

00:25:31.320 And to be clear, the markets did not react well to that.

00:25:33.860 So he publishes these dot plots, and then he doesn't say anything about the dot plots that would be contradictory to the dot plots.

00:25:47.360 and off he goes i mean look i i wish him well i i i i hope no but he will do what he promised

00:25:56.000 don't be wishing him well the guy is at fort apache what people don't understand this goes

00:26:01.440 back to why we are burning daylight and you got to take on the deep state or the whole trump

00:26:07.060 revolution is going to be meaningless and taking on the deep state there's a deep state financially

00:26:11.560 that is controlled by the lords of easy money on wall street but you see he could have said the

00:26:16.400 same thing i'm saying which is to say you know what this is an energy price shock when my

00:26:22.620 predecessor alan greenspan had the same problem when the kuwait war broke out he didn't raise

00:26:30.200 interest rates 92 91 yeah yeah and then when alan when ben bernanke had the same problem in 06 and

00:26:38.320 you know what the parallels are there steve this is like scary stuff it's like in 206 we had oil

00:26:45.400 prices spiking. Why? Because Iran was making all sorts of noises about refusing to back down on

00:26:52.780 nuclear weapons. They had Ahmadinejad. You remember that? Remember him. Crazy man talking literally

00:26:59.660 about burying the state of Israel. And they seized a British boat in the Strait of Hormuz 0.95

00:27:10.900 and in prison, like I 16 British sailors. Right. And like that was in what? Oh, six,

00:27:20.840 20 years ago. They're still pulling the same crap. But the point is that when Bernanke saw that, 1.00

00:27:28.100 he didn't raise interest rates either because it's stagflations and energy price shock. You

00:27:34.160 don't do that. Stagflation is the worst. You get the inflation and you get the recession when you

00:27:41.920 have an oil price shock. So you don't pile on. Now, Kevin Warsh could have pointed out the same

00:27:48.500 thing I'm pointing out there. Instead, all he did was publish the dot plots and leave Wall Street

00:27:54.880 with the impression that somehow we should raise rates. If this is mind numbingly complex,

00:27:59.740 go to birchgold.com end of the dollar empire we lay it all out for you the history of populism

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00:28:16.300 in major state universities around the country i shouldn't say around the country in a couple

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00:28:26.200 virtual.com promo code bannon or no slash bannon i got that right no slash bannon go check it out

00:28:33.240 today talk to philip patrick team trying to get philip on here tomorrow he was going to follow

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00:30:21.740 War Room, here's your host, Stephen K. Vann.

00:30:26.380 Also, on Medicare, we have a data company, Chapter.

00:30:30.940 Totally free, no obligation.

00:30:32.500 845-WAR-ROOM, you get your own special hotline.

00:30:35.480 The feedback from the posse has been extraordinary.

00:30:38.180 The team that set it up all came out of some of the top data companies in the world.

00:30:42.460 Total free consultation, no obligation.

00:30:45.700 They work through what is the optimal Medicare plan for you.

00:30:49.760 If you've done it on your own or with a consultant, it's mind-numbingly complicated.

00:30:53.900 You don't have to write it down, Dr. Navarro.

00:30:55.500 I'm going to get you a VIP.

00:30:57.820 Navarro is over there right now.

00:30:59.300 I just had a genius idea.

00:31:00.980 845-Worthroom.

00:31:02.260 That's okay.

00:31:02.840 I'm going to get you VIP.

00:31:04.640 Are you eligible for Medicare?

00:31:06.340 Are you that old yet?

00:31:07.300 I've got an earphone in here, basically.

00:31:09.780 845 War Room.

00:31:11.380 On President Trump's playlist.

00:31:13.680 845.

00:31:15.360 845 War Room.

00:31:16.800 Call today.

00:31:18.060 I'll get you a special setup.

00:31:20.320 I'm going to hook you up.

00:31:20.820 I've got a podcast going in there.

00:31:21.940 Hey, I know a guy.

00:31:23.020 I know a guy.

00:31:24.440 Stay with me now.

00:31:26.460 Bonnie, this guy will drift on you.

00:31:29.540 Okay?

00:31:29.840 Drift on me.

00:31:31.320 Don't drift on me.

00:31:32.580 Let's get back to numbers.

00:31:34.060 You're the numbers guy.

00:31:35.820 Talk to me about where we are.

00:31:37.140 understand about the fed and not raising rates and i didn't get a i didn't get a warm fuzzy

00:31:41.400 coming out of that meeting not just the bad guys but you know wash has always wash has always been

00:31:46.900 a hawk which is not i you know there's something i'm kind of a hawk too but in this situation

00:31:52.340 i think it's throwing gasoline on the fire well look to be clear what you want to be a hawk about

00:31:58.620 is like william mcchesney martin you know my favorite fed chair back with lbj you know it's

00:32:04.340 like the guns versus butter stuff like lbj wanted to fight a war but he wanted to just keep doing

00:32:09.800 the great society like and so he had a big fight but martin didn't stop him martin hell hell he

00:32:16.080 didn't how he he wouldn't uh loosen up the money and accommodate everything and so lbj had to put

00:32:22.260 the surcharge on and yada yada yada and that helped trigger the problems in the 70s because

00:32:28.700 because lbj held back but let me give you the no martin didn't do enough because that's what 0.62

00:32:33.700 I mean, Nixon, Nixon, Nixon, these whack jobs got us off the gold standard.

00:32:38.460 Everything's bad in life in the United States. 0.73

00:32:40.540 There is that.

00:32:41.200 It goes back to 1971.

00:32:42.960 You should write a series about that.

00:32:44.540 They did it over a weekend.

00:32:46.160 The end of the dollar empire.

00:32:47.720 Thank you.

00:32:48.180 Am I good?

00:32:49.000 You're good.

00:32:49.180 You're good.

00:32:49.720 You still remember.

00:32:50.980 Okay, so.

00:32:51.880 I take it back, Bob.

00:32:52.980 He's still got his fastball.

00:32:54.260 Every now and again, it comes through.

00:32:55.640 So let me, let me get a little hope here.

00:32:58.440 Please.

00:32:58.640 Because, look, the fundamentals of Trump policy are extraordinarily good for growth.

00:33:05.640 What we're in now is something like the 90s, where we have a secular technological trend that is going to push productivity significantly, and that's going to help.

00:33:19.040 And there's all associated investment.

00:33:20.760 But more importantly, productivity is going to have humans involved.

00:33:25.240 There is a big problem with that, and I'm getting to that.

00:33:28.280 I'm getting to that, my brother, which is why we've got to keep that border closed and deport, like, I don't know, what?

00:33:35.960 This reminds me, by the way, in the Roosevelt Room.

00:33:38.300 I used to interrupt you.

00:33:40.400 We're shifting roles here, brother.

00:33:42.340 We had all the fights with Gary Cohen and Steve Mnuchin.

00:33:47.540 They would get so nasty in the Oval that the president would say, hey, guys, fellas, can you take it out?

00:33:53.520 And you just open the Oval and right across the hall is the Roosevelt Room.

00:33:56.640 We go on some of the most brutal, nasty knockdowns.

00:33:59.080 He did that once. I remember that.

00:34:00.140 Because it got too heated.

00:34:01.300 Don't settle it, yeah.

00:34:02.000 No, no, because in these huge fights around the rest of the desk,

00:34:07.220 all of a sudden, the fire would pull up a chart, these huge charts.

00:34:10.900 I'm going, what the hell is this?

00:34:12.220 And the huge chart would make a case for his position.

00:34:15.200 And President Trump loved the charts.

00:34:16.800 He goes, see, that's what we're doing.

00:34:18.500 And Mnuchin and Cohen and the globalist heads would blow up. 0.72

00:34:21.860 Head would explode.

00:34:22.880 But look, we've got the technology giving us growth and productivity help.

00:34:30.280 We've got the tariffs, which are the big wall to protect Americans from the unfair trade, which is attracting all sorts of investment.

00:34:40.140 And we're seeing that happen in real time where we start with a surge in construction jobs because you've got to build the factories first.

00:34:48.060 And then once you do that, you get the manufacturing.

00:34:50.840 So we're seeing all of that in the data surge in construction. Last five months, all the manufacturing trends have been up. So that's all good. And contributing to that has been the the big, beautiful bill provision for 100 percent expensing when you build a factory here and manufacture here.

00:35:13.100 So all of that's showing up in the data. Now, we got to be really careful here. It's like we're having good growth, but we're not having great growth, partly because the Fed didn't lower interest rates.

00:35:29.100 And now because we've got the headwinds from Iran, and this is going to be a cautionary time.

00:35:39.700 But the best thing we've got going for us is the strategic energy dominance on top of all that.

00:35:46.260 Steve, do you know how much we produce more than Saudi Arabia and Russia combined?

00:35:53.180 I mean, I can't even wrap my head around that because the first time I had a job in Washington was about a mile from here at the Department of Energy. 0.89

00:36:02.340 And I was a guy studying how, you know, how are you going to get off foreign oil?

00:36:06.960 And I never dreamed that there would be this thing called fracking.

00:36:11.000 So it's going to be tough.

00:36:13.400 I think that the messaging, we just got to keep talking about the economy.

00:36:20.820 And that's kind of what I try to do every day with these videos and parsing.

00:36:26.620 Let me just go back and ask so people can understand this.

00:36:29.820 The whole purpose of both the tariffs and the big, beautiful bill on the supply side was to return high value added manufacturing jobs to the United States.

00:36:38.480 So once again, and mid value, mid value, but we became the John Gardner's of the world with the, you know, the 50, you know, the five employees, 20 employees.

00:36:48.540 That's the key to it.

00:36:49.240 There's low-value stuff you need, too, that are part of the supply chain.

00:36:53.300 I got it.

00:36:53.700 It's not just about jobs here.

00:36:55.940 That's economic security.

00:36:57.700 National security is the offshore, non-resilient supply chains that we've got to bring back.

00:37:03.660 Go ahead, sir.

00:37:04.340 No, but are manufacturing jobs and your data still coming back?

00:37:11.800 So last five months, ISM Manufacturing Index, which is my holy grail when it comes to that.

00:37:19.580 What is that?

00:37:20.320 Explain to the audience what that is.

00:37:22.060 The ISM Manufacturing Index is a zero to 100, what they call a diffusion index.

00:37:28.000 If it's over 50, it means the economy is expanding in the manufacturing sector.

00:37:33.540 If it's under, it means it's in recession.

00:37:36.000 Because we had a lot of under 50s under buying.

00:37:37.560 And it has things like, it's like counterintuitive.

00:37:40.320 One of the indicators is what's the length of time it takes to get a delivery, okay?

00:37:50.260 And they get all the purchasing managers around the world.

00:37:53.380 So it's like if it's a longer time, that means that things are good because it's taking longer to get the stuff.

00:38:03.820 They've got an employment part.

00:38:05.140 They've got a pricing.

00:38:05.860 Is ISM above 50 right now?

00:38:07.240 Yes.

00:38:07.760 Yes. And it for the last five months, it finally got above 50 five months ago.

00:38:13.940 It hadn't been above 50 since August of 2022 in the Biden years.

00:38:20.560 So think about that, Steve. We got the demand pull inflation, just the fiscal irresponsibility.

00:38:28.100 They're throwing all sorts of money, but we're not making stuff. Right.

00:38:32.680 So it took I took until five months ago. It took like a year.

00:38:36.500 the trump administration you're the trades are make the case right now to the war on posse that

00:38:41.880 the um the tariffs have been pot i just heard ossoff the other night the guy in georgia who's

00:38:49.720 uh very impressive the way he's running but he comes out in a litany of bad things he goes

00:38:55.700 uh trump is pro-tariff now this is a left-wing democrat supposed to be a populist says he says

00:39:02.340 Trump's pro-tariff, that tariffs hurt working people. Make the case right now where we are in

00:39:06.620 tariffs. The central thrust of theirs is tariffs cause inflation, but they don't. And we know that

00:39:14.240 from the first term. The whole argument is very simple. It's like if China or Germany or Japan

00:39:22.600 or Korea are exporting a ton of stuff to us and their economies heavily depend on that growth,

00:39:30.640 The last thing they're going to do is simply raise their own prices when we slap the tariff on them.

00:39:37.140 This is what we call a tax incidence question, right?

00:39:42.160 And in tariff land, it's which country bears the burden.

00:39:46.280 So we learned in the first term that tariffs don't cause inflation.

00:39:50.680 Why? Because we put on a bunch of tariffs and there was no inflation.

00:39:54.740 And it was like, no, they're going to eat it.

00:39:57.140 So what Ossoff is doing is conflating the inflation we're seeing, for example, from the energy price act.

00:40:06.460 Because prices were coming now.

00:40:08.300 Let's not remember that.

00:40:09.300 Until the war broke out, core and non-core were going steadily down and approaching two.

00:40:17.320 The war didn't break out.

00:40:18.200 Okay, let's be honest.

00:40:18.880 It wasn't like Pearl Harbor.

00:40:20.200 That's a topic for another day.

00:40:21.640 Did I say break out?

00:40:22.220 Yeah, I said war broke out.

00:40:23.600 Until the war.

00:40:23.920 Until the war.

00:40:24.800 Okay, hold it.

00:40:25.420 Let's go back.

00:40:26.340 You had Besson, and he says it all the time, inflation was coming down to around two, and you started to have the growth.

00:40:34.700 We were starting to get traction.

00:40:36.420 Make the argument again for people.

00:40:38.460 The component pieces of Trumponomics is full-spectrum energy dominance.

00:40:48.740 It's the regulatory burden, deregulation.

00:40:53.420 Deconstruct the administrative state.

00:40:54.940 Right. It's the tax cuts.

00:40:58.780 The supply-side tax cuts, the big, beautiful bill.

00:41:01.180 I got two.

00:41:02.200 It's the tariffs.

00:41:03.440 I got three.

00:41:04.440 For fair trade.

00:41:05.560 Yep.

00:41:06.020 And it's strategic energy dominance.

00:41:07.980 Okay.

00:41:08.320 And all of those.

00:41:09.220 All four of those.

00:41:10.220 All of those are virtuous.

00:41:12.820 Virtuous. I get in a virtuous circle.

00:41:14.660 They're the mirror image, right?

00:41:17.480 The anti-stagglationary shock.

00:41:20.420 They're positive supply-side stimulus.

00:41:23.620 And when you get positive supply-side stimulus, you get deflation and you get growth, okay?

00:41:33.500 And I don't mean deflation in a bad way.

00:41:35.920 I mean, it's like you can go forward.

00:41:38.160 That was the mistake Powell made in the first term.

00:41:41.500 We started to go and grow strong.

00:41:44.580 We're going 2%.

00:41:45.460 We're getting over that.

00:41:46.360 Remember, the Obama years was like the new normal was 1% growth.

00:41:50.820 We start getting into 2%, getting over 2%.

00:41:53.180 Under 3% growth, the model doesn't work, right?

00:41:57.380 You're going to continue to have high unemployment.

00:41:59.160 It's going to be terrible.

00:41:59.740 Well, under 3% GDP growth, you're not going to be able to pay down your national debt.

00:42:08.580 And that creates all problems in and of itself.

00:42:10.920 But the point, Steve, is Powell saw us getting above 2%.

00:42:14.620 This is why I said the model doesn't work.

00:42:16.400 Yeah, he freaked.

00:42:17.560 I mean, he's like, no, we've got to raise rates.

00:42:19.920 I mean, what are you doing, Jay Powell?

00:42:22.140 He was Trump deranged. Yeah, I know. It's just trying to help Obama. I mean, the Fed. OK, it's just they say it's got to be independent. They say it shouldn't be political.

00:42:37.360 they're so political and so dependent on politics this is like the worst fed i think i've seen

00:42:46.480 ever in that sense because they're dealing with very significant problems in it i don't want to

00:42:53.500 i'm not going to ask you questions so i'm not going to answer i'm not going to ask no i'm not

00:42:57.920 going to do that but i'm saying i one of the many efforts we're leading in the war room like we got

00:43:02.180 enough is to go back to general jackson between 1836 the destruction of the second bank of the

00:43:10.120 united states because remember hamilton had the first uh in 1913 or 1915 when the when the federal

00:43:16.560 reserve was created on jekyll island all of the income tax all of it and we went off tariffs the

00:43:21.520 greatest explosion in growth in any country in the history of the world now it did coincide with

00:43:28.340 the industrial revolution but the great heroes of that time uh understood that and took advantage

00:43:35.480 of it what we need you got to get the central bank out of the way if your central bank if you

00:43:39.320 got a big central bank that's called things the w the lords of easy money on wall street

00:43:43.720 control for themselves i'm not going to put that question to you because i don't want me just let

00:43:48.140 me hang on wait for the break wait for the we're we got 30 seconds uh my paycheck so um

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00:45:53.200 do it today war room here's your host stephen k vann white house they said you got to get back

00:46:01.860 to you're not getting you're only getting paid for half a day this is work no okay this is called

00:46:07.520 messaging our economic plan steve because nobody else will in the press the war room the war room

00:46:13.900 engine room which is a group of people that kind of help us with the show and they said getting

00:46:18.560 uh nailing down navarro is harder than mercury and they didn't mean mercury in retrograde so hang

00:46:24.600 on rare earths you're the guy the lead guy with the president of rare earths you and you and 0.62

00:46:28.920 jameson greer i think what are we doing this is a okay so communist china let's be clear about that

00:46:36.120 decides to weaponize rare earths and magnets.

00:46:40.980 Now, why does that matter?

00:46:42.100 Because they're in virtually everything, cars, F-35s,

00:46:47.080 just everything our society operates on, they need magnets. 0.73

00:46:53.800 And what China did with its predatory model 0.98

00:46:55.980 is go in and basically buy off all the factories of the world, 0.83

00:47:00.260 dump in and make control.

00:47:02.180 Corrupt the elites, elite capture.

00:47:04.000 So what we've been doing in Warp Speed is addressing that problem.

00:47:10.760 Warp Speed is a bad phrase. 0.98

00:47:12.000 I'm happy to report here that what Communist China has done to weaponize rare earths and many other things at this point has been a favor to us in the world. 0.92

00:47:22.500 Because it explains exactly who those people are and what they're willing to do and what their agenda is. 0.92

00:47:28.020 And here's how we're beating them.

00:47:29.800 OK, the rare earth process, Steve, is incredibly environmentally destructive the way traditional technology does it.

00:47:40.180 I mean, you got to you got to like take mountains of dirt and run it through like all sorts of nasty chemicals to start.

00:47:47.360 OK, so what we're doing is using new technology.

00:47:52.540 And there's two companies that we have working, two small ones working with a big company.

00:47:57.640 Re-Elements over at the beginning has an innovative process that's able to take both material from mines and recycled material and turn it into what's called oxides.

00:48:14.580 And it's the oxides then that Vulcan uses to make magnets.

00:48:18.940 Okay.

00:48:19.520 And the punchline is...

00:48:21.460 And magnets is where they had us.

00:48:22.400 That process is like the fracking for critical minerals.

00:48:27.640 It's the same kind of innovation that could lead us to strategic, critical mineral dominance.

00:48:35.200 It's very kind to the environment.

00:48:38.580 It's small spaces instead of big spaces to do it.

00:48:43.560 And it's fast.

00:48:45.380 It's cheap.

00:48:46.620 And we've got hundreds of companies out there.

00:48:49.980 We're going to use innovation to beat them.

00:48:51.880 And we're going to have to do that across the chain.

00:48:53.600 How long before the leverage goes away?

00:48:55.060 A couple of years?

00:48:55.620 you know germanium germanium yeah okay by q3 of this year one company reelements is going to have

00:49:06.260 enough capacity to produce three times domestic demand here amen think about that so then we

00:49:14.420 help three times okay so this is where things are headed i'll come back and talk more about

00:49:19.280 the other thing i want to come back for a whole show on is what we're doing on the border

00:49:24.220 Establishing what I call the detective border with AI.

00:49:27.540 It's like groundbreaking, brother.

00:49:30.500 I'd rather have it with border guards.

00:49:31.800 That's okay.

00:49:32.480 Hang on, because I'm a human's first guy.

00:49:34.260 Hang on for one second.

00:49:35.540 Take your number two pencil out, and I want you to write this down.

00:49:38.420 Ancient civilizations like China and Persia that are still around

00:49:42.760 and still kind of hold their thing, they're pretty savvy,

00:49:47.800 and they're pretty tough, and they know leverage.

00:49:49.840 So the Straits of Hormuz are no different than the rare earths.

00:49:52.520 anything these people ever have and what's happened and this is what president trump has

00:49:56.320 done the forcing function to kind of let's get it on the table the american elites and

00:50:00.640 establishment went along for for years this rare earth thing on breitbart radio i'd have eric prince

00:50:05.420 on here when they were going to shut down the japanese when the jet when they shut off japanese

00:50:09.420 because they had in the in the east china sea they had this incursion of chinese fishing boats 0.91

00:50:15.320 are all spy boats the japanese cleared them out next thing you know hey suck on this no rare earths 0.94

00:50:20.320 That was back, I think, in 14.

00:50:22.620 Yeah.

00:50:22.980 And I had Eric Chris come on in.

00:50:24.300 I was in my Crouching Tiger book.

00:50:25.480 Yes, which you're still the best guy on China. 0.99

00:50:29.840 Our fight going forward is that they're still going to look for every—they're not our allies. 0.88

00:50:34.660 The CCP's not our allies, and the Persians are not our allies. 0.99

00:50:37.520 Our allies are bad enough. 1.00

00:50:38.740 They're trying to take advantage of us by, like, working around the sanctions.

00:50:42.500 They just passed three new rules in China, basically, that give them the power to basically do anything they want.

00:50:50.320 want to an American company

00:50:52.220 operating in China if the American

00:50:54.200 company does something they don't like. Do you know this?

00:50:56.580 Yes. This is why I say it's

00:50:58.060 uninvestable. It's outrageous.

00:51:00.120 It's not outrageous. It's what they do.

00:51:02.260 Well, we're

00:51:03.720 responding to this.

00:51:05.580 I wouldn't mind having that law here in the United

00:51:08.180 States of America against all these foreign countries.

00:51:09.940 I'm just saying they're nationalistic. 0.85

00:51:12.260 You come in there, first of all, you've got to do

00:51:14.160 it in joint venture, as you know. They'll shut

00:51:16.140 you down in a second. They steal your intellectual

00:51:17.880 They run the deal like they run the deal.

00:51:22.380 And this is why it's uninvestable.

00:51:24.640 The beauty of this, Steve, is that now the world finally sees that.

00:51:29.560 Companies in China, I would wager to say that 99% of the companies.

00:51:36.260 Do you think the world cares?

00:51:37.600 Wall Street still, what do you mean?

00:51:39.760 They're banging on the door to get more money.

00:51:41.940 Here's the reality.

00:51:42.840 American companies in China are no longer doing additional investment.

00:51:47.880 Why did 50 guys go on the tech bros?

00:51:54.060 The only reason on AI they're competitive is we're giving them the chips.

00:51:57.600 We're giving them the education.

00:51:58.620 We're giving them everything.

00:51:59.880 We've built the entire ecosystem of AI.

00:52:01.960 We can have that conversation.

00:52:02.580 We'll get that for another day.

00:52:04.180 It's my productivity.

00:52:05.760 I bring you good news on rare earths.

00:52:07.640 I bring you good news on the border, and then you want me to be responsible for everything else.

00:52:12.920 I need to know this.

00:52:14.160 My border patrol is down there.

00:52:16.120 Detected border, man.

00:52:16.740 I know, but, you know, AI, I want humans in those jobs.

00:52:19.900 Anyway, that's great.

00:52:20.820 You're amazing.

00:52:21.080 All right, brother.

00:52:21.780 You're amazing.

00:52:22.540 Humans are there.

00:52:23.440 We just use AI to enhance.

00:52:24.980 Bonnie is really taking care of you.

00:52:26.280 Married life is working out for you.

00:52:27.720 It really is.

00:52:28.460 You look amazing.

00:52:29.320 You just don't ever change.

00:52:30.940 Don't ever change.

00:52:31.520 You look marvelous.

00:52:32.640 All right, well, we got to get you back to your fighting weight.

00:52:35.240 I am back to my fighting weight.

00:52:36.880 Maybe that's the problem.

00:52:38.080 No, I'm not back to my prison weight.

00:52:40.880 I lost 30 pounds there.

00:52:42.080 I should have just kept all of it.

00:52:42.480 Did you lose 30 pounds?

00:52:43.580 30 pounds, yeah.

00:52:44.740 Walking every day, working out every day.

00:52:46.300 Wow.

00:52:46.740 we'll talk we'll talk we'll talk prison stories we'll talk prison all right war room let me just

00:52:51.860 say this steve war room you were blessed to have this guy because nobody else is doing that and i

00:52:57.940 mean that from the bottom of my heart and he i think he plays all the cold opens just to reinforce

00:53:03.100 the fact that nobody else is doing this stuff because it's all bs out there we gotta get msnbc

00:53:08.960 i gotta get morning joe in this chair one day would he come in i don't know mika oh it's morning

00:53:15.380 Mika. No, Stephanie

00:53:17.280 Ruhl's got the 9 o'clock show. She's my 0.92

00:53:19.280 girl. It's a great show.

00:53:21.740 She's got Trump derangement syndrome.

00:53:23.680 Is it true you're going on The View

00:53:25.440 next week?

00:53:26.960 I get asked all the time. They've asked

00:53:29.240 me on The View a couple years. I'm not going to do that.

00:53:31.060 Too much Trump hate. Can't do that.

00:53:33.400 Too much Trump hate. Thank you for coming by.

00:53:35.700 Short commercial break. We're going to be back.

00:53:38.340 Dr. Navarro's going back

00:53:39.360 to work, and we're going to get Cleta Mitchell

00:53:41.200 talk about this 1.00

00:53:43.060 Save America Act.

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Bannon's War Room - June 26, 2026

Episode 5473： Bolton Pleads Guilty; Peter Navarro Live In The WarRoom

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