Bannon's War Room - Episode 5587： Expansion Of The Ukraine War

00:00:00.000 This is the primal scream of a dying regime.

00:00:07.000 Pray for our enemies.

00:00:09.000 Because we're going medieval on these people.

00:00:12.000 I got a free shot at all these networks lying about the people.

00:00:16.000 The people have had a belly full of it.

00:00:18.000 I know you don't like hearing that.

00:00:20.000 I know you try to do everything in the world to stop that,

00:00:22.000 but you're not going to stop it.

00:00:23.000 It's going to happen.

00:00:24.000 And where do people like that go to share the big lie?

00:00:27.000 Mega Media.

00:00:28.000 media i wish in my soul i wish that any of these people had a conscience ask yourself what is my

00:00:35.760 task and what is my purpose if that answer is to save my country this country will be saved

00:00:44.160 war room here's your host stephen k bann

00:00:47.440 thursday 13 august year of our lord 2026 we're gonna go to the white house

00:00:55.440 in a moment dr peter navarro we got jim rickards on and we're continuing with dr jeffrey tucker

00:01:01.340 so those are three of the smartest guys i know on a thursday in uh in august dr tucker about a month

00:01:08.700 ago you took analysis i from i think the guy that that founded grabian i think he's living in spain

00:01:14.600 he had some time to go through all this analytics and you were you were you know helpful enough to

00:01:20.260 kind of put out some stories some write-ups the saying hey look we talk about the purchasing

00:01:25.360 price of the dollar dropping 20 to 22 percent during biden's uh the illegitimate uh joe biden's

00:01:32.720 reign of terror in capital markets and on the economy but you're saying hey i got bad news for

00:01:37.360 you it's 50 it's 50 percent or more this gets back to my people's heads are blown up the last

00:01:43.700 couple of days of these like the lakers go for 12 billion they just sold for 10 like a year and

00:01:49.140 a half ago and before that there were people thought they were like two billion dollars they

00:01:52.660 got the queen music publishing library sells for a billion dollars i think springsteen sells for

00:01:58.460 multi-billions that's a reflection not simply on the value of these but it's a scarcity

00:02:04.000 tied to the drop in the purchasing power the fiat currency of the u.s dollar sir it make it make

00:02:10.300 sense to us? Well, inflation of this scale hardly ever makes sense. And that's one of the major

00:02:16.140 problems with it. It feels sometimes like prosperity. Even during the Weimar Republic,

00:02:20.240 people were thrilled. They were becoming millionaires. The jobs were everywhere and

00:02:24.260 there's much to do. And it felt like profits were growing great. And the stock market was soaring.

00:02:31.940 You know, people don't know this. But even in the early years of the Weimar inflation,

00:02:36.080 And before the currency was destroyed, the stock market, the German stock market was going through the roof.

00:02:42.460 And, yeah, it's not as bad as that, obviously, here.

00:02:45.560 But we're seeing how this works.

00:02:49.120 On one hand, we've got, you know, Elon Musk is a trillionaire.

00:02:53.780 It seems like all these companies are making billions and hundreds of billions of dollars.

00:02:58.400 And it seems like, wow, things are looking good.

00:03:01.480 Well, how do we know?

00:03:02.320 This isn't just the loss of purchasing power.

00:03:05.660 This is just monetary depreciation playing itself out in real time.

00:03:10.340 And you know this because when you go to the store, you're every day shocked.

00:03:15.420 I was trying to buy a snack the other day at the convenience store.

00:03:19.200 It seemed like everything was $4.

00:03:21.200 And I thought, what in the world?

00:03:23.000 Who could afford things like this?

00:03:25.220 I'm paying $16 for a tiny bucket of cheese.

00:03:28.320 I mean, nothing really makes any sense.

00:03:32.600 So we need, and it's even worse that we don't have accurate measures.

00:03:36.720 The reality index that I like to quote believes that CPI is systematically under-reporting

00:03:46.900 inflation by about a third.

00:03:49.780 So when you hear, as we did a couple of days ago, that CPI is running 3.4%, that sounds

00:03:57.060 That's bad, but it's probably closer to 4%, at least it was the month before.

00:04:03.640 So it's actually worse than even the BLS is reporting.

00:04:07.580 And the reason for that, it's not that the bureaucrats are lying to us, really.

00:04:10.780 It's that they use weird methodologies that are designed to under-report inflation with hedonic adjustments.

00:04:18.340 They don't really report house prices.

00:04:20.380 They report homeowners equivalent rent.

00:04:22.520 They don't even bother with what you're paying for health insurance.

00:04:25.100 That's why it doesn't show up.

00:04:26.200 And the numbers, even though health insurance is, I don't want to call it health insurance, we should call it medical insurance, has gone through the roof with absurd levels of deductibles.

00:04:36.160 Everything has become unaffordable. 0.94

00:04:37.840 And you're a chump unless you're levered up to the highest extent that you possibly can, which is why your cell phone is blowing up every day telling you your new FICA score. 0.98

00:04:47.200 Because surely you want to borrow money, right? 0.99

00:04:49.820 Don't you want to borrow more money?

00:04:51.300 Why would you not borrow to the maximum extent you can?

00:04:54.440 this is not sound economics this is this is the the road to complete ruin of a nation and it has

00:05:02.520 to stop well the roaring 20s but people forget the weimar republic at one time people were like 0.63

00:05:09.840 living large uh this is one of the reasons that such decadence in the society you had then you

00:05:15.760 had you had our stock market collapsed you had the weimar collapsed and hey guess what you had

00:05:22.560 the dark valley of the 1930s that led to the most catastrophic war in mankind's history and 200

00:05:28.500 million people uh dying so the road to perdition goes through fiat currency uh dr uh jeffrey tucker

00:05:36.260 thank you so much i appreciate you where do we go to get all this great content the interview you

00:05:40.860 did the other day uh this great analysis you've done on the pandemic and your all your analysis

00:05:46.940 about the purchasing power of the dollar, sir.

00:05:50.040 Yeah, I write daily for Epoch Times,

00:05:52.160 and then I run a Brownstone Institute

00:05:53.960 where I write a lot of things.

00:05:55.060 And I'm running this show now at Brownstone

00:05:57.220 where I interview these scientists

00:05:58.480 who lived through the pandemic period with me

00:06:01.640 and who really understand the issue.

00:06:03.640 And I just decided we needed long-form interviews

00:06:06.480 with these top minds to introduce them to the public

00:06:10.120 so they don't just forever just talk

00:06:12.380 to their friends and colleagues.

00:06:14.220 So that's the purpose of the Brownstone show

00:06:16.260 that i started uh a few months back and it's going very well you can find that at brownstone.org

00:06:22.120 thank you steve doctor thank you so much appreciate you my pleasure physical goods

00:06:30.260 remember the way joe kennedy kept his fortune he was coming off the subway his officers are down

00:06:35.240 in the financial district on wall street and um he's sitting there and he's getting a shoe shine

00:06:41.760 comes off somebody get a shoeshine um and the shoeshine guys are talking to each other and

00:06:46.840 they're talking about stocks they're talking about what stocks they're buying and how they're

00:06:50.500 buying stocks on margin they're buying you know all these stocks and he's listening to this

00:06:54.920 conversation he goes to his he goes to his office tells everybody we're dumping everything we got

00:07:00.700 sell it all cash out because when the shoeshine guys are talking about all their stock all their

00:07:06.760 stock uh market tips it's time for us to bail that's how he went to cash kept his fortune and 0.65

00:07:12.980 then bought for pennies on the dollar after the crash happened weimar republic maybe a lesson

00:07:19.380 there for us dr peter navarro i want to deal with this piece i'm kind of shocked actually

00:07:25.920 dr var jordan's white house the new york times the biggest opponent of trumponomics and particularly

00:07:34.360 in the area of tariff and the re-industrialization of the Americas. Remember, they led the fight to

00:07:40.040 use the EPA to de-industrialize the United States. They actually have an amazing piece of yours and

00:07:46.840 they've done an incredible job with the graphics, the headline, all of it. First off, how did you

00:07:52.460 do that? Who's your new agent? I thought I was your agent, but even I couldn't place that in

00:07:57.020 the New York Times. How did you do it, sir? Steve, I think what's so important here is that

00:08:04.960 what I represent for the president, the Office of Trade Manufacturing, support for blue-collar

00:08:12.500 workers, not just with jobs that rise in real wages, I mean, that is the Democrat tradition.

00:08:18.080 And there's some DNA there. Of course, the woke DSA wing of the Democrat Party, plus the corporatists that pay for Chuck Schumer and Jeffers and all those guys have forgotten about blue collar workers.

00:08:35.080 ergo donald trump's in office uh but it was a pleasure working for them i appreciate them

00:08:40.440 putting it out um it's getting um a wide thing and uh since i know uh you guys didn't get the

00:08:48.820 jpeg of the cover uh this is what i'm doing here it's called the great trans shipment

00:08:55.800 scam. Note the Trojan horse in a kind of a wink and a nod to the Odyssey. But Steve,

00:09:04.900 this is something I've been working on. The Great Chance Shipments scam refers to

00:09:10.680 communist China having heavy tariffs on them, basically routing their products,

00:09:19.340 their exports to America through other lower tariff countries. And it starts in 2018 when

00:09:29.440 they wouldn't negotiate with me and Lighthizer and the boss. We throw the 301s on them.

00:09:36.540 And since then, Biden comes in and China's figured out every which way to cheat us. 0.87

00:09:42.960 And my job is to stop the cheating, stop the transshipment scam, shut down the shadow transshipment network. 0.65

00:09:51.860 And here's what's really cool about this. Imagine artificial intelligence actually being used for something really good, which is working with customs and border on what I call the detective border,

00:10:07.860 border so that we are able in real time now to look at every ship and every container and every

00:10:13.840 port around the world, assess transshipment risk, rank order targets, and they are targets,

00:10:21.400 so that by the time they get here to America, we can slap them with the appropriate forms and

00:10:28.200 recover the tariffs that they should have been paying. And that's what I'm in the middle of.

00:10:33.300 I'm in the middle of busting this great transshipment scam, and you see, it's worth tens upon tens of millions of additional revenue dollars for our Treasury, tens upon tens of thousands of jobs that would otherwise be displaced.

00:10:51.440 And this is what we do at the White House.

00:10:54.660 Well, the news cycle pays attention to everything but jobs for the American people.

00:11:00.840 And so this is a good deal for the American people,

00:11:06.440 and it's got a lot of meat on the bone, brother.

00:11:10.320 Yeah, no, no.

00:11:11.520 Oh, by the way, you get the report.

00:11:13.880 Get the report at whitehouse.gov.

00:11:16.140 Go ahead.

00:11:18.300 I'm going to get to that.

00:11:19.160 The credential class of the New York Times, that's why I was shocked they did this.

00:11:24.060 Explain this concept, because it is the CCP, obviously,

00:11:27.760 but it's called tariff arbitrage.

00:11:30.160 What is tariff arbitrage, and how do you guys cut it from all over the world to make sure that these very smart people are not gaming the system to get around President Trump's tariff barriers, the forcing function to drive manufacturing jobs back here to the United States?

00:11:48.000 Dr. Navarro.

00:11:50.200 Okay, so the best way is to do this by example.

00:11:53.360 Suppose China makes D.C. current motors for recliner chairs, right?

00:12:00.220 When you sit in a recliner, it goes up and down because you push a button, right?

00:12:04.280 Millions of those made every year.

00:12:06.540 China makes them with their subsidies and the cheating and all of that. 0.94

00:12:10.660 So imagine a recliner that's, quote, made in Vietnam, right?

00:12:17.040 And they actually have recliner factories there.

00:12:19.480 They're real factories.

00:12:20.420 They make all the upholstery and the springs and this, that, and the other thing, right?

00:12:26.900 But they don't make the motors.

00:12:29.480 So they stick the motor in the recliner. 0.81

00:12:32.280 And when it comes into the United States, it's paying the Vietnamese rate, which is substantially lower than the China rate, right?

00:12:42.920 So if you got like a billion dollars of recliners, right, it's like several hundred million dollars that get evaded.

00:12:52.720 So and if they come to Mexico, it's even worse because they can slip in underneath the USMCA rate and get zero tariff.

00:13:02.920 So the arbitrage that you refer to from the other side of the river at Harvard basically is this huge profit incentive for tariff evasion in China,

00:13:14.120 but also for the enabling countries because they get to run all these tariff evasion facilities, right?

00:13:21.300 So that's the game.

00:13:23.420 And if you look at the beauty of the 2018 301 tariffs, you see from that point, it's the apex of the exports share China had of what they send to America. 0.60

00:13:39.680 These would be the rest of the world.

00:13:41.460 And it goes steadily down, right?

00:13:43.760 So the tariffs are working.

00:13:45.360 But at the same time, you see the share of all these other countries go steadily up.

00:13:51.820 It's almost like a one to one correspondence. And it's like India. It's like Mexico. 0.93

00:13:57.360 It's all of the Southeast Asian, Vietnam, Cambodia, Malaysia, Indonesia, Philippines and all that. 0.82

00:14:04.340 And so the way the transshipment works, it's it's both obvious and subtle.

00:14:10.040 The obvious one is when you take a container of an export that says made in China on it.

00:14:17.900 You send it over to Vietnam, they strip off the made-in-China label, they throw a made-in-Vietnam label.

00:14:23.820 Happens all the time.

00:14:25.420 This more subtle form of it, Steve, is what we call the screwdriver factory,

00:14:30.400 which is where they send a bunch of parts over there and they screw them together.

00:14:34.940 It's not what they call substantial transformation.

00:14:37.540 It's just a screw job in a screwdriver factory.

00:14:42.900 Hang on one second.

00:14:43.860 We'll take a short break.

00:14:44.640 Dr. Navarro from the White House.

00:14:46.780 Jim Rickard is going to join us.

00:14:48.660 We're going to talk about global capital markets, the impact on your life.

00:14:52.520 All next in the world.

00:14:59.140 You don't wait until your house is on fire to install a smoke detector.

00:15:03.480 And you don't wait until the wind and rain hammer your windows and the power goes out to prepare for a hurricane.

00:15:10.640 And you don't reach for your seatbelt after the impact because after the crash, the hurricane, or the house fire, it's too late.

00:15:19.760 Similarly, you don't wait until the dollar goes to zero before you buy gold.

00:15:24.260 It's too late then.

00:15:25.680 Diversify with precious metals and diversify now because you never know what will threaten your savings next.

00:15:33.160 Persistent inflation, a weakening dollar, unexpected financial disruptions.

00:15:36.640 disruptions. You don't know what's coming, but you can take preventative steps and you can take

00:15:41.740 them today. Do that right now by requesting a free information kit on gold from my friends

00:15:47.540 at Birch Gold Group. Just text my name, Bannon, B-A-N-N-O-N, to the number 989898. There is no

00:15:55.440 cost and no obligation, just straightforward information on how you can diversify your

00:15:59.760 savings even an ira or 401k with gold i trust birch gold you should trust them too text bannon

00:16:08.500 at 989898 take action and do it today

00:16:12.520 dr navar you've got pieces coming out everywhere i think the examiner later today washington examiner

00:16:24.060 on the Chinese Communist Party stealing the 2020 election,

00:16:29.960 you know, coming from information put out by the task force, Bill Pulting.

00:16:35.360 Yeah, let me run the calendar. 0.74

00:16:38.160 So today should be in the examiner how China set up this massive operation 0.95

00:16:45.760 to interfere with our elections, okay?

00:16:50.640 And that is that apparatus is very much still in place.

00:16:54.820 Tomorrow, we're going to look at the Maricopa hacker and how that guy got scot-free for a felony, but exposed how vulnerable Arizona election was and how that got suppressed.

00:17:09.880 They did nothing to him.

00:17:11.640 The FBI failed to prosecute and they put us in prison for a misdemeanor.

00:17:15.040 And then on Monday, The Washington Times is is going to run a piece on this CISA portion of the whole thing, where we actually inside our government, inside DHS, we stress tested our election system, found massive friggin holes in it.

00:17:38.680 and they buried that news before the election in 2020 so it's just i'm lining it up i'm following

00:17:46.600 john solomon's lead uh it's all on the white house website but but my job is is to actually

00:17:53.800 i'm the i'm the solomon whisperer and the trump whisperer on this yeah no no no i mean hold it 0.80

00:18:00.580 this stuff blows your friggin mind the round river no no are you kidding me round river 0.68

00:18:06.620 hold it the the the coup against trump round where to protect biden i want to say this also 0.97

00:18:12.540 and far i'm not criticizing i'm just making observation there has never been more explosive

00:18:18.480 information on a white house website in the entire history of the white house and websites

00:18:24.560 than there is now and it's you know besides war room peter navarro and this is your side gig

00:18:32.420 you know other it's not it's it's it's explosive these are not opinion pieces this is not punditry

00:18:38.840 this is what solomon and the task force and bill pulte the great bill pulte over dni

00:18:43.580 it's nuclear i i i would i kind of want to make sure the president it's i hope i hope the president

00:18:50.980 seeing it all because he's seeing every bit of it and i'll tell you this the reason you're not

00:18:57.520 seeing it out there is because all the people who should be reporting it are indicted by it.

00:19:05.960 I mean, there's a round river piece I wrote yesterday that's going to come out. And it's

00:19:10.800 like, I got, I got morning Joe basically in the height of irony talking about Hunter's laptop

00:19:17.980 saying, you know, history's going to show that that was Russian disinformation. You got Rachel

00:19:24.120 maddow doing the same thing you got jake tapper doing the same thing you got john haircut burman

00:19:30.420 doing the same thing you wonder why they don't want to talk about it steve because it makes

00:19:36.440 ms now and cnn look like friggin pravda or the ccp's uh 100 mouthpiece i mean but it's mind

00:19:47.200 They tried to put Trump in prison for 700 years.

00:19:52.800 That round river thing, that was election interferes.

00:19:56.160 That swung the election.

00:19:57.840 We know that.

00:19:58.520 The polling says if people had known about 100 bytes laptop was real, that would have swung enough voters to swung that election.

00:20:06.440 He's going on.

00:20:07.600 Hang on.

00:20:08.260 They wouldn't have been able to steal it.

00:20:09.840 Let me say that more accurately.

00:20:11.620 He's going on shows.

00:20:13.080 They wouldn't have been able to steal it.

00:20:13.920 He's going on shows and pushing that, oh, it was Israeli disinformation, that the guy was never the thing.

00:20:21.120 It's all bald-faced lies.

00:20:23.020 It's all up in the White House website.

00:20:25.860 Too much, Hunter's too much, too much crack.

00:20:30.000 He's like a crack baby at the age of 50-something. 0.97

00:20:32.940 Okay, Hunter, read the friggin' Round River. 0.99

00:20:37.980 They had somebody in the deep in the bowels of the FBI had your friggin' back, 1.00

00:20:44.260 and that's a pimple-ass back that didn't deserve to be had. 1.00

00:20:48.400 I'll tell you what, Brown River alone should blow your mind, but it's everything. 1.00

00:20:53.820 See, that's why I'm right.

00:20:54.960 That's why I'm getting all of this stuff out as I can and coming to the war room,

00:20:59.940 and we'll do our best to punch through.

00:21:01.980 But the American people going into that November election,

00:21:04.800 they need to know all of this stuff, brother.

00:21:07.240 Every bit of it.

00:21:08.140 Big time.

00:21:08.760 Because our elections are not secure.

00:21:10.360 They are not secure.

00:21:12.240 If we don't destroy.

00:21:14.420 Yeah.

00:21:15.380 If you don't destroy the deep state now, it's going to take back over as soon as Trump's gone.

00:21:20.700 100%.

00:21:21.060 They will destroy us.

00:21:22.500 Dr. Navarro, where do people go for your content?

00:21:30.640 Look, X.

00:21:32.120 Okay, PeterNavarro.com.

00:21:33.740 That's the one stop shop that gets you to X. It gets you to Getter. It gets you to Truth Social. It gets you to Instagram. Sign up for the Substack. You've got to get the Substack. Sign up for the Navarro Express podcast. The podcasts are what floats your boat. Watch the frigging War Room.

00:21:53.100 And I just thank these publications that are willing to rapidly get this information out.

00:22:01.720 You know, the Washington Times is a rock, the Daily Caller, the Examiner, and just right on down the line.

00:22:10.040 The Hill's been very good about getting stuff out as well.

00:22:17.060 Brother, thank you so much.

00:22:18.480 We'll let you go back to work over at the White House, and I'll talk to you this afternoon, sir.

00:22:22.340 all right my brother natalie winters is going to be natalie now going to take an entire hour at 0.81

00:22:29.260 five o'clock and go through this particularly she now is turning not just the ccp she's turning her

00:22:34.220 guns on the radical islamist inside the wire here in this country so stay you know stand by 0.53

00:22:42.580 this afternoon show is going to be pretty electric natalie winters going towards for the entire hour 0.77

00:22:47.440 taken away from her investigative work get her back up on the boardroom um

00:22:52.340 jim records one of the things i've been saying for a long time is we cannot let

00:22:58.540 if we want to avoid a kinetic global third world war the one thing we can't have happen

00:23:04.640 is to merge the ukrainian eastern russian speaking border conflict with the russians

00:23:11.340 merge that either if it in odessa or the black sea but merge that with this debacle in the middle

00:23:18.120 east if this thing gets if this gets merged and there are people out there trying to merge them

00:23:22.420 you're going to be in this thing for 20 years right with plenty of killing and the money burnt

00:23:28.060 you know you're going to burn money you're going to burn everything this ukraine situation is

00:23:32.620 getting more and more dangerous every day is that your is that your contention sir that that's

00:23:38.980 absolutely right. And by the way, quick footnote on Peter Navarro, I agree with everything he said.

00:23:42.980 I've got Hunter Biden on my list of running for president in 2028. We've got time on that,

00:23:47.720 but we'll come back. I wouldn't rule that out. But I'm serious. He's out there making the rounds.

00:23:55.000 But let's talk about Ukraine and the connection with the Middle East. That is happening,

00:24:01.960 but it's worse than that. So you had Ukraine attacked an Iranian vessel in the Caspian Sea.

00:24:10.600 Wait, it's not the Black Sea, it's the Caspian Sea. What's up with that? Well, they're saying,

00:24:15.480 hey, we're fighting Russia. Iran's trading with Russia. So Iranian vessels in the Caspian Sea, 0.53

00:24:20.580 that's fair game. Oh, wait a second. So Ukraine's firing long distance missiles at the Caspian Sea, 1.00

00:24:25.980 Central Asia. So that's going on. It's getting worse than that. But here's the, we talk about

00:24:33.080 the Middle East in particular, but here's the bigger problem. This is turning into a European 1.00

00:24:37.720 war very quickly. It always has been in the sense, it's never been about Ukraine. It's always been

00:24:42.520 about Russia, destabilizing Russia and Victoria Nuland and all these warmongers. They were wrong

00:24:48.500 about regime change in Iran. They were equally wrong or more wrong about regime change in Russia.

00:24:53.360 They said, let's just get the war going, and this will be unpopular.

00:24:56.940 There'll be an uprising in Russia.

00:24:58.900 They'll get rid of Putin.

00:24:59.880 We'll get back to where we were in the 90s, where we can loot the place and all that stuff.

00:25:03.640 It was always wrong.

00:25:04.780 It never happened.

00:25:05.840 But that's really what the war was about.

00:25:07.660 West Germany, France, Britain, the U.S., above all, whether it's technology, drones,

00:25:13.700 this idea that Ukraine can manufacture drones, it's not true.

00:25:17.680 They assemble some things with Chinese parts and U.S. intelligence and German logistics.

00:25:23.120 So that's how they do it. 0.89

00:25:25.560 But here's where it's expanding and getting extremely dangerous.

00:25:28.620 First of all, the Black Sea is closed.

00:25:31.520 We talk about the Strait of Hormuz and the Red Sea and the Suez Connect.

00:25:33.960 Yeah, they're closed too.

00:25:35.400 But now they've closed the Black Sea.

00:25:36.660 Russia and Ukraine together, they're in a war.

00:25:38.920 But those are two of the largest grain exporters in the world.

00:25:42.120 No grain is getting out of the Black Sea right now.

00:25:44.520 So you're looking at starvation.

00:25:46.160 The southern hemisphere planting season is about to begin in a few weeks.

00:25:50.060 There's no nitrates coming out of the Persian Gulf of fertilizer.

00:25:52.820 Now there's no grain coming out of Russia and Ukraine. 0.52

00:25:55.340 They're blowing up each other's ships.

00:25:57.520 I've said all along that Putin's demands have not changed since before the war.

00:26:02.120 And he repeated them in 2024, did an important speech to the June 2024 of the Russian foreign

00:26:07.460 policy establishment.

00:26:08.860 I said, the only thing that's changing is the longer Ukraine fights, the more territory

00:26:12.600 they lose. 0.72

00:26:13.620 Now Russia's going for Odessa.

00:26:15.040 It was probably always on the list, but that was maybe a bridge too far for the Russians.

00:26:19.080 But now they've isolated Odessa. 0.96

00:26:20.720 They're going to control the entire Black Sea coast.

00:26:22.600 But in the short run, the port of Odessa is closed.

00:26:26.100 No grain is getting out.

00:26:27.180 They're blowing up each other's vessels.

00:26:28.800 Now, just to kind of raise the ante a little bit, the U.K. recently boarded and seized

00:26:34.540 a huge Russian oil tanker near the English Channel.

00:26:39.340 And the U.K. said, this is a ghost fleet, a flat, you know, ghost fleet, et cetera.

00:26:45.460 We know it's Russia behind it.

00:26:46.840 We're taking it because we have sanctions on Russian oil exports.

00:26:50.040 Okay.

00:26:50.660 So Putin came out the other day.

00:26:51.840 And I'm very impressed with how the Russians are very legalistic. 0.84

00:26:55.900 Yeah, there's a war going on, but they dot the i's and cross the t's. 0.88

00:26:59.140 And Putin said, this was what's called a flag of convenience.

00:27:02.600 I happen to live on a very busy commercial port river.

00:27:06.240 I get oil tankers going by my front window all the time.

00:27:09.420 And you look at the stern, it's like it's Maduro, you know, Marshall Islands, Cayman Islands, Bermuda.

00:27:13.680 They don't say, you know, U.S. or China or anything else.

00:27:18.460 So Putin said, these are flags of convenience.

00:27:20.400 It's not a ghost fleet, but we have an interest in these vessels.

00:27:24.720 You want to do that? Two can play.

00:27:27.120 And, of course, Russia, they're great chess players.

00:27:30.040 They're saying, we're going to get the Russian Pacific fleet to start interdicting, 0.74

00:27:34.500 maybe sinking your flag of convenience vessels in the Pacific Ocean.

00:27:39.120 So this just, it is extremely dangerous, Steve.

00:27:42.240 But the UK, above all, they're the biggest warmongers.

00:27:45.000 They won't quit. They won't accept the outcome.

00:27:47.980 By the way, I expect the outcome will be Russia will have eastern Ukraine, Odessa, and the entire Black Sea coast. 0.93

00:27:53.820 Poland is going to take a piece back. 0.85

00:27:56.460 Hungary and probably Romania.

00:27:59.980 Hang on one second, Jim.

00:28:02.740 Jim Rickards is with us from Strategic Intelligence.

00:28:05.840 Short commercial break.

00:28:06.720 Back in a moment.

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00:29:17.420 code Bannon10. This is family owned, family operated. These people, Michael Kunzler and

00:29:24.260 his team are absolutely terrific. Take advantage of this today. Hunter Biden, 2028. You heard it

00:29:39.160 first here and you heard it from jim rickerts one of the smartest guys i know jim real quickly

00:29:43.080 a crimea situation uh the ukrainians are they are they driving the and you talk about ancient

00:29:49.940 battlegrounds i mean come on man this is for thousands of years this is why i want to avoid

00:29:55.560 all this that the founders the framers of the constitution the founders of our nation

00:30:00.180 revolutionary generation said no do not go overseas for monsters to slay because you know

00:30:05.120 what there's a lot of monsters and they've been around a long time just stay out of it

00:30:08.220 they want to suck us back to ukraine with hundreds of billions they had this phony

00:30:12.000 sanctions you know lindsey graham in memoriam sanctions bill of course they couldn't touch

00:30:17.440 they couldn't touch a save america but they got this passed that's why you're losing six seats 0.98

00:30:23.660 in the senate by the fox by the fox polling because you're a bunch of deadbeats focusing

00:30:29.580 on deep state and neocon issues and not on the issue of the american people and the people are

00:30:36.160 giving you the middle finger right now senate you deserve everything you get you're going to

00:30:40.400 lose the senate because of this this crimea situation is this because the ukrainians look

00:30:46.140 i'm anti giving them support right because i think it's a squabble between two slavic entities

00:30:52.760 but they got courage and grit and i mean they're given as good as they get what's happening in

00:30:58.980 crimea yeah i mean you have to look through the geography of the black sea coast i mean i don't

00:31:04.280 when they stopped teaching geography, but I've always been a little bit obsessed with it. But

00:31:08.420 from east to west, you have Rostov-Eldon, which is in Russia. Then you have Mariupol. Then you

00:31:13.420 have Crimea and Sevastopol, which is a major port. And then a little further west, you have Odessa,

00:31:19.300 which is the biggest port and the major port in Ukraine. Ukraine was always the breadbasket of 0.76

00:31:25.180 Europe. It was always the breadbasket of Europe. And Russia has enormous grain capacity. All that 0.96

00:31:30.400 Ukraine comes out of one of those two or three places through the Bosporus with Turkish permission

00:31:37.020 and it feeds the world. Let's not forget the original Crimean War, late 19th century. Who

00:31:41.840 was in the Crimean War? UK and Russia. So here we are again, with the UK being the biggest

00:31:48.140 warmongers in the whole thing. So look, I'm not selling the Ukrainians short. They do have robust

00:31:53.320 drone capacity, whether they make it themselves or not, who cares? They're firing them and they're

00:31:57.180 closing sevastopol or trying to the russians are absolutely closing odessa surrounding it

00:32:03.300 so you're looking at an expansion of the war um and turning into a wider european war

00:32:08.740 and a grain shortage and global starvation that that's what's on the table while everyone is

00:32:13.400 focused on the persian gulf um talk to me about strategic intelligence it's just not for people

00:32:20.300 that are involved in capital markets look it's read by ceos and chairman the c-suites all over

00:32:24.540 the world for 17 76 cents you're giving everybody a shot to take a look at this i tell people

00:32:30.280 hey if you have interest in world affairs but most importantly if you have interest in your own

00:32:34.440 country reach strategic intelligence because you base upon predictive analytics give me a minute

00:32:40.400 on that and why everybody should take take up on this offer because it's basically free if they

00:32:44.460 don't love it if you don't love it you go back to jim and say hey i need my 17 bucks back

00:32:48.280 throwing the 76 cents too so jim why should people get this uh thanks steve this is a strategic

00:32:54.760 intelligence is the newsletter our landing page is records intel.com records intel.com this is

00:33:01.480 our lowest price ever patriotic 1776 so uh 17.76 for three months if you don't like it by the

00:33:09.360 best majority of readers continue uh indefinitely but if you don't like it we'll give you the 1776

00:33:14.520 six-pack. A quick footnote, Steve, the landing page is the same, RickardsIntel.com, but we have

00:33:20.560 a new video up that was endorsed by President Trump. And what do I mean by that? Trump took

00:33:26.260 the video that you get today, if you go to RickardsIntel.com, Trump took that video and put

00:33:31.360 it on True Social. And I got a call and I was like, hey, what's going on? I called my marketing

00:33:35.340 team. I said, did you guys buy advertising on True Social? I said, absolutely not. Trump did

00:33:39.880 this on his own. It's called the Midterm Meltdown. We're going to look at the indictments, the

00:33:45.360 frauds, the steal, all the things that are going to be headline news between now and Election Day.

00:33:51.900 So same $17.76 price, RickardsIntel.com, new content, midterm meltdown, but endorsed by

00:33:59.840 President Trump because he put it on true social on his own. Jim Rickards, thank you. I'm going to

00:34:07.660 bug you after the show today to come back on hopefully tomorrow Saturday so much going on

00:34:12.520 in the world you get such a great big picture of it got to talk about the Asian bond markets

00:34:16.120 sir Jim Rickards thank you brother predictive analytics strategic intelligence give it a turn

00:34:24.620 $17.76 George Papadopoulos of course you're you're you're named of you know all the all the

00:34:31.480 deep state coming after everybody of course they're guilty your name keeps getting thrown

00:34:35.200 but first because you're one of the best geopolitical thinkers i know give me your

00:34:40.060 assessment of this ukraine because i keep saying hey folks if we let the kinetic war that we keep

00:34:45.420 funding on the ukrainian side if we let the kinetic war on the eastern speaking uh russians

00:34:51.980 russian speaking eastern border ukraine merge with what's happening in persia you're going to

00:34:57.240 have a conflict there's going to be 20 years we're going to be sending men women to die and

00:35:03.020 you're also going to be sending money over there to support it. Your assessment of where this

00:35:07.620 Ukrainian war is right now, sir? Yeah, thanks a lot for having me, Steve. Well, here's a simple

00:35:13.340 fact. The United States has mutual defense treaties with 52 countries on five continents,

00:35:19.800 and one of those 52 countries is not Ukraine. Ukraine today is one of the most corrupt countries

00:35:27.000 on the European continent. And it is attempting to basically morph its own conflict with the

00:35:34.660 conflict that the United States is currently in, in the Persian Gulf. And that's really why

00:35:39.360 Ukraine has conducted various drone strikes against not only Russian maritime shipping

00:35:46.260 bases and oil refineries, but also Iranian vessels in the Caspian Sea that we're traversing

00:35:53.800 going to Russia. This has the potential now to result in a tit-for-tat in which Iran 0.86

00:36:00.300 has been threatening to hit Ukraine and to suck in potentially the Europeans, NATO, 0.70

00:36:06.820 and the United States to defend Ukraine, not only from Russia, but Iran. And this is ultimately 0.86

00:36:13.140 what Zelensky's goal has been since day one. Continue the gravy train, eventually bring

00:36:19.200 American boots on the ground, European boots on the ground, and build a collective defense treaty

00:36:26.660 with a corrupt country that's not even in the European Union. This is a strategic mistake and

00:36:32.640 a blunder that the Trump administration is not seriously considering, but should the Democrats

00:36:38.520 win the midterms and, God forbid, win the presidency in 2028, that will all be back on

00:36:44.940 the table, and it'll be completely against the interests of the U.S. taxpayer and their security.

00:36:53.080 Look, when I came off sea duty, you know, from the Persian Gulf and the North Arabian Sea and

00:36:57.020 all that, and the Pacific Fleet back in, when President Reagan showed up, so I was there,

00:37:00.800 you know, 70, what, 77 to 80, 81, came back. Once I get in the Pentagon, the whole focus on the,

00:37:08.180 I was in the Pacific, and I said, well, this is where, this is where our focus is, right,

00:37:12.240 the persian gulf i get back no bannon that's not true everything was focused on russia and coming

00:37:18.060 the russian army coming across the north german plane through poland through prussia sweeping down

00:37:23.200 like world war one world war two and i'm sitting there i was just a grundo and i was a junior

00:37:27.200 officer i said man does this really make sense is this what the whole thing's about this and the

00:37:31.640 focus was maniacal would you say today that given what the russians have had to do in ukraine and

00:37:37.480 this fighting in ukraine's going on for now i think five or six years it's probably the russian

00:37:41.900 Army is probably not a threat to roll through Prussia, Poland, the North German plane and

00:37:47.800 down into France, like World War I and World War II. Would you say, George, that's probably

00:37:51.880 should not be a priority for us? Although we still make it seem like it's the whole center

00:37:57.180 of gravity of our national security is actually around that, sir. You know, Steve, U.S. strategic

00:38:03.600 planning had assumed that the United States military can conduct two different operations

00:38:09.040 on two different continents. And that's really what the assumption was behind Iraq and Afghanistan.

00:38:16.800 You could argue it was all part of the same region. But what we're discussing here today

00:38:21.940 and what countries like Ukraine and others are attempting to suck the United States into 0.72

00:38:27.380 is a kinetic war, not only against Iran, but potentially Russia and even China over the South

00:38:35.220 China Sea and Taiwan simultaneously, all the while these three countries are attempting

00:38:42.200 to basically de-dollarize the world, to usurp the U.S. leadership model, the capitalist 0.94

00:38:48.840 system, and replace it with a BRICS-led model and a new architecture that basically will

00:38:56.460 determine the future of trade, finance, and how oil and natural gas is even traded.

00:39:03.020 So I would argue that a main impetus behind this driving force that I just described was the failed sanctions policy that the Biden administration imposed on Russia after the war started.

00:39:16.800 This should have never been part of the United States' responsibility as we had to take care of our own home front.

00:39:24.020 But what did other countries look at the sanctions regime and say?

00:39:27.160 If the United States and Europe could freeze assets and central bank reserves of Russia, they can do it to us.

00:39:34.020 And that's really what this new drive towards, de-dollarizing the global economy and trying to reformulate global trade and finance away from the U.S.-led model has really all been about.

00:39:45.300 That is ultimately why we have to negotiate an end to this war. We have to stop financing Ukraine, and we have to come to a new detente with the great powers in the world to prevent this very damaging result from occurring. 0.62

00:40:00.980 And that includes Russia ending the war with Iran and coming to some sort of agreement with China. 0.84

00:40:06.660 Once we do that, Steve, and as long as the United States controls the Western hemisphere the way that the Trump administration is doing to assure that we have no foreign threats in this part of the world, we should be okay.

00:40:18.680 But as of right now, that has yet to be seen.

00:40:23.160 You know, and to George's part, this is one of the reasons I have a problem with the NDAA in the spending of the $1.5 trillion.

00:40:30.240 if it tied back to the hemispheric defense because the policy going forward george is absolutely

00:40:35.360 correct it's hemispheric defense and that hemispheric defense is central pacific in the

00:40:40.300 three island chain because as our great uh you know next generation of great leaders in the late

00:40:45.840 19th century america is a pacific power if you don't tie those together then you're just gonna

00:40:51.460 be burning cash and men and troops and ships everywhere in the world it's time for that

00:40:56.140 madness to stop george president trump when he first started coming on the scene in 14 15 and

00:41:01.640 really 16 was going to be a disruptor of the of the mindset of the imperial capital in washington

00:41:08.560 about all this and that's one of the reasons they try to take him out and that's one of the reasons

00:41:13.060 you were one of the early targets give me we got a minute or two on this side i'm gonna hold you

00:41:17.540 through the break just your assessment of what of the revelations you've seen about the coup in may

00:41:22.540 of 2017, of Round River, of everything you've seen, since your name pops up a lot, about the

00:41:29.540 deep state's attempt to take down and destroy President Trump. Yeah, nothing shocks me anymore,

00:41:35.940 Steve. And the moment the shock factor completely left me regarding this topic was last summer,

00:41:43.120 when then DNI Tulsi Gabbard called what Obama and his administration and top-level Democrats did to

00:41:50.860 the Trump administration, the Trump campaign, and people like you and me and others, a treasonous

00:41:56.160 conspiracy. Now, unfortunately, it's been over a year since DNI Gabbard said that, and we haven't

00:42:02.840 really had concrete results, including indictments, raids, and potential convictions of those

00:42:09.560 perpetrators who were part of this treasonous conspiracy, to use ex-DNI Gabbard's own words.

00:42:15.700 So I wasn't shocked at all to learn that that same group of people that really evolved from the Obama administration, including the Rosensteins, the Rays, the Comeys, launched a criminal investigation against the sitting president, who was their boss at the time.

00:42:32.720 And Steve, I'm going to close on this. Why did they do this? Because they needed to cover up what Comey and Obama did and to overthrow Trump so that the United States, its citizens and the world would never have the true story. That's why we need to get these files out. That's why transparency is paramount and why accountability will assure what Obama and Biden did in the past will never be repeated again.

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00:46:19.120 george papadopoulos uh man you've got such a great grip on geopolitics it's and very articulate

00:46:26.460 it's total clarity it's amazing question i've got and i'm kind of pressed for time here but

00:46:31.580 in may of 17 what's been revealed on the white house website from hard facts and those facts

00:46:37.620 have not really been disputed did members of then president trump's first term of his government

00:46:43.320 and the permanent bureaucracy or the administrative or deep state attempt a coup d'etat against

00:46:49.500 president trump as sitting commander in chief sir the answer is 100 yes and what that attempt was

00:46:57.720 was a an overt act in a criminal conspiracy to not only disenfranchise millions of american

00:47:08.040 voters who voted for President Trump and America first, but a treasonous act to overthrow the

00:47:16.080 United States government. And that's ultimately what they attempted in May 2017, after they failed

00:47:24.640 to keep him from ascending to the Oval Office in November of 2016, Steve. So that is ultimately

00:47:32.840 what the president was up against. His own so-called people were treasonous from within.

00:47:40.480 And if you go back as far back as ancient Rome, that's what the great orator Cicero 0.92

00:47:45.180 warned would eventually destroy the ancient city of Rome. It was treason from within,

00:47:52.240 not an enemy abroad, but from within. And that's what the president was up against.

00:47:56.420 He fought back against it. But the time is now to expose exactly what they did and to hold them accountable, Steve, because if we don't, now that we have the executive and we control Congress, we'll never have this shot again.

00:48:10.120 The time is now. Give me one minute.

00:48:13.740 What do you recommend? Is it criminal proceedings?

00:48:16.200 How do you what is Papadopoulos' recommendation needs to be done now, now, now, sir?

00:48:22.680 We need to stop playing games.

00:48:24.540 We need to declassify everything.

00:48:26.320 The president has been calling for declassification.

00:48:28.780 Ultimately, the buck stops with the president.

00:48:30.800 The president has to declassify every single file regarding Obamagate, the impeachment

00:48:36.900 scandals, January 6th, deliver those files for the first time ever to a grand jury so

00:48:42.720 that they could see this once classified information and allow the grand jury, along with the prosecutors

00:48:48.060 He was leading these investigations, patriotic individuals like Joe DiGenova and his team

00:48:52.380 to bring it there and to prosecute these people for the first time ever.

00:48:57.220 Because if you look back at what happened with Durham, with special counsel Durham,

00:49:00.500 he never had these files declassified.

00:49:02.840 These files couldn't get to a grand jury.

00:49:04.560 That's why he wasn't able to go all the way.

00:49:06.360 We can go all the way now, Steve, but we need to have the will to do it.

00:49:10.140 And I know the president does, but it's up to his team to not to block it.

00:49:14.260 And that's what George Papadopoulos would advise right now.

00:49:18.060 This is why Bill Pulte was I'm telling you, Bill Pulte, if it was not for Solomon, the task force.

00:49:24.380 Amazing. It was not for Bill Pulte. We would have we would have lost this country.

00:49:29.960 And I don't say that lightly. What what has happened at D and when he was there, D&I for six freaking weeks with the task force, we've now got exposure.

00:49:37.800 And hey, I'm just asking new D&I. Yo, dude, where the frick are the declassifications?

00:49:45.800 I don't want to hear any happy talk about how you're working well with others.

00:49:48.680 I don't care about working well with others.

00:49:50.760 You need you need Jay.

00:49:52.160 You need to step up, try to be half the person that Bill Pulte was.

00:49:56.700 Papadopoulos, where do people go to get your content?

00:49:58.420 We're going to be back on.

00:49:59.160 Where'd it go?

00:50:00.600 Appreciate it, Steve.

00:50:01.440 You could follow me on X at George Papa 19.

00:50:06.420 Thank you, sir.

00:50:07.420 I appreciate you.

00:50:09.200 Appreciate it.

00:50:09.820 McCabe, you're at the White House.

00:50:11.280 Repress for time.

00:50:12.780 This situation with the Lincoln extended deployment, one of the carriers of the Sentinel over carrier battle group, explain what's out there and what you know as far as fact goes, sir.

00:50:25.860 Yeah, real quick, Steve.

00:50:27.520 So USS Lincoln, along with USS Bruins, Peterson and the Michael Murphy, those are the three destroyers they deployed November 21st.

00:50:37.720 They've been underway or deployed for more than 260 days.

00:50:42.780 It is now on station in the Iranian theater, and what's happening is what's bubbling up is crew discontent about food and morale.

00:50:53.260 There are two examples of people trying to jump overboard, which were reported in the Navy Times, and then now you're hearing that the food is a problem.

00:51:04.160 Fifth Fleet is based in Bahrain.

00:51:06.680 And all of the sort of back office, all the logistics, everything for Fifth Fleet goes through Bahrain.

00:51:13.260 But Bahrain is compromised as a port because it's literally a kinetic zone there.

00:51:20.300 And so that's what's holding things up.

00:51:22.020 There's plenty of food.

00:51:23.140 Hang on, hang on, hang on, hang on, hang on.

00:51:25.360 We have to have had something else. 0.87

00:51:27.900 Bahrain's to hide on right in the Persian Gulf with the drones and the missiles.

00:51:32.780 Please tell me there's got to be some backup, you know, out around the rim of the Arabian Sea, is it not, sir?

00:51:43.820 Apparently not.

00:51:45.680 And so, you know, all the storekeepers are in Bahrain.

00:51:49.340 And so that's the problem, getting things back and forth.

00:51:53.440 That's not going to work.

00:51:54.520 But also there's the jumpers and it's becoming political.

00:51:59.120 And Democrats all over this.

00:52:00.600 Okay, McCabe, I'm going to call you after the show.

00:52:02.560 We're going to get on top of this.

00:52:04.500 There's a logic there I don't quite understand, so we're going to have to understand it.

00:52:08.760 Neil McCabe at the White House.

00:52:12.680 Natalie's going to join me for the entire hour this afternoon.

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Bannon's War Room - August 13, 2026

Episode 5587： Expansion Of The Ukraine War

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