Bannon's War Room - August 13, 2026


Episode 5587： Expansion Of The Ukraine War

Topics
tariff arbitrage Crimea situation America's HealthShare
Hosted by
Steve Bannon
Mentioned
Steve Trump Hunter Biden George Papadopoulos Putin Bill Pulte Peter Navarro Obama Jim Rickards Jeffrey Tucker Charlie Kirk Brownstone Durham USS Michael Murphy Natalie G. Winters Victoria Nuland Michael Kunzler Chuck Schumer John Solomon Joe DiGenova and 25 more
WarRoom Battleground EP 1066： US Catholics In Shock As It’s Revealed 82% Of Catholic Bishops’ Revenue Is INVASION-Related Grants Episode 5588： USDA Spends Millions On Muslims In The US

Episode Stats


Length

54 minutes

Words per minute

162.6

Word count

8,879

Sentence count

516

Harmful content

Misogyny

1

sentences flagged

Toxicity

10

sentences flagged

Hate speech

42

sentences flagged


Transcript

Transcript generated with Whisper (turbo).
Misogyny classifications generated with MilaNLProc/bert-base-uncased-ear-misogyny .
Toxicity classifications generated with s-nlp/roberta_toxicity_classifier .
Hate speech classifications generated with facebook/roberta-hate-speech-dynabench-r4-target .
Topics generated with Qwen2.5-3B-Instruct.
Hosts, guests, and mentioned names generated with spaCy (en_core_web_sm), reconciled against Wikidata.
00:00:00 This is the primal scream of a dying regime.
00:00:07 Pray for our enemies.
00:00:09 Because we're going medieval on these people.
00:00:12 I got a free shot at all these networks lying about the people.
00:00:16 The people have had a belly full of it.
00:00:18 I know you don't like hearing that.
00:00:20 I know you try to do everything in the world to stop that,
00:00:22 but you're not going to stop it.
00:00:23 It's going to happen.
00:00:24 And where do people like that go to share the big lie?
00:00:27 Mega Media.
00:00:28 media i wish in my soul i wish that any of these people had a conscience ask yourself what is my
00:00:35 task and what is my purpose if that answer is to save my country this country will be saved
00:00:44 war room here's your host stephen k bann
00:00:47 thursday 13 august year of our lord 2026 we're gonna go to the white house
00:00:55 in a moment dr peter navarro we got jim rickards on and we're continuing with dr jeffrey tucker
00:01:01 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 ago you took analysis i from i think the guy that that founded grabian i think he's living in spain
00:01:14 he had some time to go through all this analytics and you were you were you know helpful enough to
00:01:20 kind of put out some stories some write-ups the saying hey look we talk about the purchasing
00:01:25 price of the dollar dropping 20 to 22 percent during biden's uh the illegitimate uh joe biden's
00:01:32 reign of terror in capital markets and on the economy but you're saying hey i got bad news for
00:01:37 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 couple of days of these like the lakers go for 12 billion they just sold for 10 like a year and
00:01:49 a half ago and before that there were people thought they were like two billion dollars they
00:01:52 got the queen music publishing library sells for a billion dollars i think springsteen sells for
00:01:58 multi-billions that's a reflection not simply on the value of these but it's a scarcity
00:02:04 tied to the drop in the purchasing power the fiat currency of the u.s dollar sir it make it make
00:02:10 sense to us? Well, inflation of this scale hardly ever makes sense. And that's one of the major
00:02:16 problems with it. It feels sometimes like prosperity. Even during the Weimar Republic,
00:02:20 people were thrilled. They were becoming millionaires. The jobs were everywhere and
00:02:24 there's much to do. And it felt like profits were growing great. And the stock market was soaring.
00:02:31 You know, people don't know this. But even in the early years of the Weimar inflation,
00:02:36 And before the currency was destroyed, the stock market, the German stock market was going through the roof.
00:02:42 And, yeah, it's not as bad as that, obviously, here.
00:02:45 But we're seeing how this works.
00:02:49 On one hand, we've got, you know, Elon Musk is a trillionaire.
00:02:53 It seems like all these companies are making billions and hundreds of billions of dollars.
00:02:58 And it seems like, wow, things are looking good.
00:03:01 Well, how do we know?
00:03:02 This isn't just the loss of purchasing power.
00:03:05 This is just monetary depreciation playing itself out in real time.
00:03:10 And you know this because when you go to the store, you're every day shocked.
00:03:15 I was trying to buy a snack the other day at the convenience store.
00:03:19 It seemed like everything was $4.
00:03:21 And I thought, what in the world?
00:03:23 Who could afford things like this?
00:03:25 I'm paying $16 for a tiny bucket of cheese.
00:03:28 I mean, nothing really makes any sense.
00:03:32 So we need, and it's even worse that we don't have accurate measures.
00:03:36 The reality index that I like to quote believes that CPI is systematically under-reporting
00:03:46 inflation by about a third.
00:03:49 So when you hear, as we did a couple of days ago, that CPI is running 3.4%, that sounds
00:03:57 That's bad, but it's probably closer to 4%, at least it was the month before.
00:04:03 So it's actually worse than even the BLS is reporting.
00:04:07 And the reason for that, it's not that the bureaucrats are lying to us, really.
00:04:10 It's that they use weird methodologies that are designed to under-report inflation with hedonic adjustments.
00:04:18 They don't really report house prices.
00:04:20 They report homeowners equivalent rent.
00:04:22 They don't even bother with what you're paying for health insurance.
00:04:25 That's why it doesn't show up.
00:04:26 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 Everything has become unaffordable. 0.94
00:04:37 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 Because surely you want to borrow money, right? 0.99
00:04:49 Don't you want to borrow more money?
00:04:51 Why would you not borrow to the maximum extent you can?
00:04:54 this is not sound economics this is this is the the road to complete ruin of a nation and it has
00:05:02 to stop well the roaring 20s but people forget the weimar republic at one time people were like 0.63
00:05:09 living large uh this is one of the reasons that such decadence in the society you had then you
00:05:15 had you had our stock market collapsed you had the weimar collapsed and hey guess what you had
00:05:22 the dark valley of the 1930s that led to the most catastrophic war in mankind's history and 200
00:05:28 million people uh dying so the road to perdition goes through fiat currency uh dr uh jeffrey tucker
00:05:36 thank you so much i appreciate you where do we go to get all this great content the interview you
00:05:40 did the other day uh this great analysis you've done on the pandemic and your all your analysis
00:05:46 about the purchasing power of the dollar, sir.
00:05:50 Yeah, I write daily for Epoch Times,
00:05:52 and then I run a Brownstone Institute
00:05:53 where I write a lot of things.
00:05:55 And I'm running this show now at Brownstone
00:05:57 where I interview these scientists
00:05:58 who lived through the pandemic period with me
00:06:01 and who really understand the issue.
00:06:03 And I just decided we needed long-form interviews
00:06:06 with these top minds to introduce them to the public
00:06:10 so they don't just forever just talk
00:06:12 to their friends and colleagues.
00:06:14 So that's the purpose of the Brownstone show
00:06:16 that i started uh a few months back and it's going very well you can find that at brownstone.org
00:06:22 thank you steve doctor thank you so much appreciate you my pleasure physical goods
00:06:30 remember the way joe kennedy kept his fortune he was coming off the subway his officers are down
00:06:35 in the financial district on wall street and um he's sitting there and he's getting a shoe shine
00:06:41 comes off somebody get a shoeshine um and the shoeshine guys are talking to each other and
00:06:46 they're talking about stocks they're talking about what stocks they're buying and how they're
00:06:50 buying stocks on margin they're buying you know all these stocks and he's listening to this
00:06:54 conversation he goes to his he goes to his office tells everybody we're dumping everything we got
00:07:00 sell it all cash out because when the shoeshine guys are talking about all their stock all their
00:07:06 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 then bought for pennies on the dollar after the crash happened weimar republic maybe a lesson
00:07:19 there for us dr peter navarro i want to deal with this piece i'm kind of shocked actually
00:07:25 dr var jordan's white house the new york times the biggest opponent of trumponomics and particularly
00:07:34 in the area of tariff and the re-industrialization of the Americas. Remember, they led the fight to
00:07:40 use the EPA to de-industrialize the United States. They actually have an amazing piece of yours and
00:07:46 they've done an incredible job with the graphics, the headline, all of it. First off, how did you
00:07:52 do that? Who's your new agent? I thought I was your agent, but even I couldn't place that in
00:07:57 the New York Times. How did you do it, sir? Steve, I think what's so important here is that
00:08:04 what I represent for the president, the Office of Trade Manufacturing, support for blue-collar
00:08:12 workers, not just with jobs that rise in real wages, I mean, that is the Democrat tradition.
00:08:18 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 ergo donald trump's in office uh but it was a pleasure working for them i appreciate them
00:08:40 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 jpeg of the cover uh this is what i'm doing here it's called the great trans shipment
00:08:55 scam. Note the Trojan horse in a kind of a wink and a nod to the Odyssey. But Steve,
00:09:04 this is something I've been working on. The Great Chance Shipments scam refers to
00:09:10 communist China having heavy tariffs on them, basically routing their products,
00:09:19 their exports to America through other lower tariff countries. And it starts in 2018 when
00:09:29 they wouldn't negotiate with me and Lighthizer and the boss. We throw the 301s on them.
00:09:36 And since then, Biden comes in and China's figured out every which way to cheat us. 0.87
00:09:42 And my job is to stop the cheating, stop the transshipment scam, shut down the shadow transshipment network. 0.65
00:09:51 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 border so that we are able in real time now to look at every ship and every container and every
00:10:13 port around the world, assess transshipment risk, rank order targets, and they are targets,
00:10:21 so that by the time they get here to America, we can slap them with the appropriate forms and
00:10:28 recover the tariffs that they should have been paying. And that's what I'm in the middle of.
00:10:33 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 And this is what we do at the White House.
00:10:54 Well, the news cycle pays attention to everything but jobs for the American people.
00:11:00 And so this is a good deal for the American people,
00:11:06 and it's got a lot of meat on the bone, brother.
00:11:10 Yeah, no, no.
00:11:11 Oh, by the way, you get the report.
00:11:13 Get the report at whitehouse.gov.
00:11:16 Go ahead.
00:11:18 I'm going to get to that.
00:11:19 The credential class of the New York Times, that's why I was shocked they did this.
00:11:24 Explain this concept, because it is the CCP, obviously,
00:11:27 but it's called tariff arbitrage.
00:11:30 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 Dr. Navarro.
00:11:50 Okay, so the best way is to do this by example.
00:11:53 Suppose China makes D.C. current motors for recliner chairs, right?
00:12:00 When you sit in a recliner, it goes up and down because you push a button, right?
00:12:04 Millions of those made every year.
00:12:06 China makes them with their subsidies and the cheating and all of that. 0.94
00:12:10 So imagine a recliner that's, quote, made in Vietnam, right?
00:12:17 And they actually have recliner factories there.
00:12:19 They're real factories.
00:12:20 They make all the upholstery and the springs and this, that, and the other thing, right?
00:12:26 But they don't make the motors.
00:12:29 So they stick the motor in the recliner. 0.81
00:12:32 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 So if you got like a billion dollars of recliners, right, it's like several hundred million dollars that get evaded.
00:12:52 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 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 but also for the enabling countries because they get to run all these tariff evasion facilities, right?
00:13:21 So that's the game.
00:13:23 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 These would be the rest of the world.
00:13:41 And it goes steadily down, right?
00:13:43 So the tariffs are working.
00:13:45 But at the same time, you see the share of all these other countries go steadily up.
00:13:51 It's almost like a one to one correspondence. And it's like India. It's like Mexico. 0.93
00:13:57 It's all of the Southeast Asian, Vietnam, Cambodia, Malaysia, Indonesia, Philippines and all that. 0.82
00:14:04 And so the way the transshipment works, it's it's both obvious and subtle.
00:14:10 The obvious one is when you take a container of an export that says made in China on it.
00:14:17 You send it over to Vietnam, they strip off the made-in-China label, they throw a made-in-Vietnam label.
00:14:23 Happens all the time.
00:14:25 This more subtle form of it, Steve, is what we call the screwdriver factory,
00:14:30 which is where they send a bunch of parts over there and they screw them together.
00:14:34 It's not what they call substantial transformation.
00:14:37 It's just a screw job in a screwdriver factory.
00:14:42 Hang on one second.
00:14:43 We'll take a short break.
00:14:44 Dr. Navarro from the White House.
00:14:46 Jim Rickard is going to join us.
00:14:48 We're going to talk about global capital markets, the impact on your life.
00:14:52 All next in the world.
00:14:59 You don't wait until your house is on fire to install a smoke detector.
00:15:03 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 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 Similarly, you don't wait until the dollar goes to zero before you buy gold.
00:15:24 It's too late then.
00:15:25 Diversify with precious metals and diversify now because you never know what will threaten your savings next.
00:15:33 Persistent inflation, a weakening dollar, unexpected financial disruptions.
00:15:36 disruptions. You don't know what's coming, but you can take preventative steps and you can take
00:15:41 them today. Do that right now by requesting a free information kit on gold from my friends
00:15:47 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 cost and no obligation, just straightforward information on how you can diversify your
00:15:59 savings even an ira or 401k with gold i trust birch gold you should trust them too text bannon
00:16:08 at 989898 take action and do it today
00:16:12 dr navar you've got pieces coming out everywhere i think the examiner later today washington examiner
00:16:24 on the Chinese Communist Party stealing the 2020 election,
00:16:29 you know, coming from information put out by the task force, Bill Pulting.
00:16:35 Yeah, let me run the calendar. 0.74
00:16:38 So today should be in the examiner how China set up this massive operation 0.95
00:16:45 to interfere with our elections, okay?
00:16:50 And that is that apparatus is very much still in place.
00:16:54 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 They did nothing to him.
00:17:11 The FBI failed to prosecute and they put us in prison for a misdemeanor.
00:17:15 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 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 john solomon's lead uh it's all on the white house website but but my job is is to actually
00:17:53 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 this stuff blows your friggin mind the round river no no are you kidding me round river 0.68
00:18:06 hold it the the the coup against trump round where to protect biden i want to say this also 0.97
00:18:12 and far i'm not criticizing i'm just making observation there has never been more explosive
00:18:18 information on a white house website in the entire history of the white house and websites
00:18:24 than there is now and it's you know besides war room peter navarro and this is your side gig
00:18:32 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 this is what solomon and the task force and bill pulte the great bill pulte over dni
00:18:43 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 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 seeing it out there is because all the people who should be reporting it are indicted by it.
00:19:05 I mean, there's a round river piece I wrote yesterday that's going to come out. And it's
00:19:10 like, I got, I got morning Joe basically in the height of irony talking about Hunter's laptop
00:19:17 saying, you know, history's going to show that that was Russian disinformation. You got Rachel
00:19:24 maddow doing the same thing you got jake tapper doing the same thing you got john haircut burman
00:19:30 doing the same thing you wonder why they don't want to talk about it steve because it makes
00:19:36 ms now and cnn look like friggin pravda or the ccp's uh 100 mouthpiece i mean but it's mind
00:19:47 They tried to put Trump in prison for 700 years.
00:19:52 That round river thing, that was election interferes.
00:19:56 That swung the election.
00:19:57 We know that.
00:19:58 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 He's going on.
00:20:07 Hang on.
00:20:08 They wouldn't have been able to steal it.
00:20:09 Let me say that more accurately.
00:20:11 He's going on shows.
00:20:13 They wouldn't have been able to steal it.
00:20:13 He's going on shows and pushing that, oh, it was Israeli disinformation, that the guy was never the thing.
00:20:21 It's all bald-faced lies.
00:20:23 It's all up in the White House website.
00:20:25 Too much, Hunter's too much, too much crack.
00:20:30 He's like a crack baby at the age of 50-something. 0.97
00:20:32 Okay, Hunter, read the friggin' Round River. 0.99
00:20:37 They had somebody in the deep in the bowels of the FBI had your friggin' back, 1.00
00:20:44 and that's a pimple-ass back that didn't deserve to be had. 1.00
00:20:48 I'll tell you what, Brown River alone should blow your mind, but it's everything. 1.00
00:20:53 See, that's why I'm right.
00:20:54 That's why I'm getting all of this stuff out as I can and coming to the war room,
00:20:59 and we'll do our best to punch through.
00:21:01 But the American people going into that November election,
00:21:04 they need to know all of this stuff, brother.
00:21:07 Every bit of it.
00:21:08 Big time.
00:21:08 Because our elections are not secure.
00:21:10 They are not secure.
00:21:12 If we don't destroy.
00:21:14 Yeah.
00:21:15 If you don't destroy the deep state now, it's going to take back over as soon as Trump's gone.
00:21:20 100%.
00:21:21 They will destroy us.
00:21:22 Dr. Navarro, where do people go for your content?
00:21:30 Look, X.
00:21:32 Okay, PeterNavarro.com.
00:21:33 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 And I just thank these publications that are willing to rapidly get this information out.
00:22:01 You know, the Washington Times is a rock, the Daily Caller, the Examiner, and just right on down the line.
00:22:10 The Hill's been very good about getting stuff out as well.
00:22:17 Brother, thank you so much.
00:22:18 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 all right my brother natalie winters is going to be natalie now going to take an entire hour at 0.81
00:22:29 five o'clock and go through this particularly she now is turning not just the ccp she's turning her
00:22:34 guns on the radical islamist inside the wire here in this country so stay you know stand by 0.53
00:22:42 this afternoon show is going to be pretty electric natalie winters going towards for the entire hour 0.77
00:22:47 taken away from her investigative work get her back up on the boardroom um
00:22:52 jim records one of the things i've been saying for a long time is we cannot let
00:22:58 if we want to avoid a kinetic global third world war the one thing we can't have happen
00:23:04 is to merge the ukrainian eastern russian speaking border conflict with the russians
00:23:11 merge that either if it in odessa or the black sea but merge that with this debacle in the middle
00:23:18 east if this thing gets if this gets merged and there are people out there trying to merge them
00:23:22 you're going to be in this thing for 20 years right with plenty of killing and the money burnt
00:23:28 you know you're going to burn money you're going to burn everything this ukraine situation is
00:23:32 getting more and more dangerous every day is that your is that your contention sir that that's
00:23:38 absolutely right. And by the way, quick footnote on Peter Navarro, I agree with everything he said.
00:23:42 I've got Hunter Biden on my list of running for president in 2028. We've got time on that,
00:23:47 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 But let's talk about Ukraine and the connection with the Middle East. That is happening,
00:24:01 but it's worse than that. So you had Ukraine attacked an Iranian vessel in the Caspian Sea.
00:24:10 Wait, it's not the Black Sea, it's the Caspian Sea. What's up with that? Well, they're saying,
00:24:15 hey, we're fighting Russia. Iran's trading with Russia. So Iranian vessels in the Caspian Sea, 0.53
00:24:20 that's fair game. Oh, wait a second. So Ukraine's firing long distance missiles at the Caspian Sea, 1.00
00:24:25 Central Asia. So that's going on. It's getting worse than that. But here's the, we talk about
00:24:33 the Middle East in particular, but here's the bigger problem. This is turning into a European 1.00
00:24:37 war very quickly. It always has been in the sense, it's never been about Ukraine. It's always been
00:24:42 about Russia, destabilizing Russia and Victoria Nuland and all these warmongers. They were wrong
00:24:48 about regime change in Iran. They were equally wrong or more wrong about regime change in Russia.
00:24:53 They said, let's just get the war going, and this will be unpopular.
00:24:56 There'll be an uprising in Russia.
00:24:58 They'll get rid of Putin.
00:24:59 We'll get back to where we were in the 90s, where we can loot the place and all that stuff.
00:25:03 It was always wrong.
00:25:04 It never happened.
00:25:05 But that's really what the war was about.
00:25:07 West Germany, France, Britain, the U.S., above all, whether it's technology, drones,
00:25:13 this idea that Ukraine can manufacture drones, it's not true.
00:25:17 They assemble some things with Chinese parts and U.S. intelligence and German logistics.
00:25:23 So that's how they do it. 0.89
00:25:25 But here's where it's expanding and getting extremely dangerous.
00:25:28 First of all, the Black Sea is closed.
00:25:31 We talk about the Strait of Hormuz and the Red Sea and the Suez Connect.
00:25:33 Yeah, they're closed too.
00:25:35 But now they've closed the Black Sea.
00:25:36 Russia and Ukraine together, they're in a war.
00:25:38 But those are two of the largest grain exporters in the world.
00:25:42 No grain is getting out of the Black Sea right now.
00:25:44 So you're looking at starvation.
00:25:46 The southern hemisphere planting season is about to begin in a few weeks.
00:25:50 There's no nitrates coming out of the Persian Gulf of fertilizer.
00:25:52 Now there's no grain coming out of Russia and Ukraine. 0.52
00:25:55 They're blowing up each other's ships.
00:25:57 I've said all along that Putin's demands have not changed since before the war.
00:26:02 And he repeated them in 2024, did an important speech to the June 2024 of the Russian foreign
00:26:07 policy establishment.
00:26:08 I said, the only thing that's changing is the longer Ukraine fights, the more territory
00:26:12 they lose. 0.72
00:26:13 Now Russia's going for Odessa.
00:26:15 It was probably always on the list, but that was maybe a bridge too far for the Russians.
00:26:19 But now they've isolated Odessa. 0.96
00:26:20 They're going to control the entire Black Sea coast.
00:26:22 But in the short run, the port of Odessa is closed.
00:26:26 No grain is getting out.
00:26:27 They're blowing up each other's vessels.
00:26:28 Now, just to kind of raise the ante a little bit, the U.K. recently boarded and seized
00:26:34 a huge Russian oil tanker near the English Channel.
00:26:39 And the U.K. said, this is a ghost fleet, a flat, you know, ghost fleet, et cetera.
00:26:45 We know it's Russia behind it.
00:26:46 We're taking it because we have sanctions on Russian oil exports.
00:26:50 Okay.
00:26:50 So Putin came out the other day.
00:26:51 And I'm very impressed with how the Russians are very legalistic. 0.84
00:26:55 Yeah, there's a war going on, but they dot the i's and cross the t's. 0.88
00:26:59 And Putin said, this was what's called a flag of convenience.
00:27:02 I happen to live on a very busy commercial port river.
00:27:06 I get oil tankers going by my front window all the time.
00:27:09 And you look at the stern, it's like it's Maduro, you know, Marshall Islands, Cayman Islands, Bermuda.
00:27:13 They don't say, you know, U.S. or China or anything else.
00:27:18 So Putin said, these are flags of convenience.
00:27:20 It's not a ghost fleet, but we have an interest in these vessels.
00:27:24 You want to do that? Two can play.
00:27:27 And, of course, Russia, they're great chess players.
00:27:30 They're saying, we're going to get the Russian Pacific fleet to start interdicting, 0.74
00:27:34 maybe sinking your flag of convenience vessels in the Pacific Ocean.
00:27:39 So this just, it is extremely dangerous, Steve.
00:27:42 But the UK, above all, they're the biggest warmongers.
00:27:45 They won't quit. They won't accept the outcome.
00:27:47 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 Poland is going to take a piece back. 0.85
00:27:56 Hungary and probably Romania.
00:27:59 Hang on one second, Jim.
00:28:02 Jim Rickards is with us from Strategic Intelligence.
00:28:05 Short commercial break.
00:28:06 Back in a moment.
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00:29:24 his team are absolutely terrific. Take advantage of this today. Hunter Biden, 2028. You heard it
00:29:39 first here and you heard it from jim rickerts one of the smartest guys i know jim real quickly
00:29:43 a crimea situation uh the ukrainians are they are they driving the and you talk about ancient
00:29:49 battlegrounds i mean come on man this is for thousands of years this is why i want to avoid
00:29:55 all this that the founders the framers of the constitution the founders of our nation
00:30:00 revolutionary generation said no do not go overseas for monsters to slay because you know
00:30:05 what there's a lot of monsters and they've been around a long time just stay out of it
00:30:08 they want to suck us back to ukraine with hundreds of billions they had this phony
00:30:12 sanctions you know lindsey graham in memoriam sanctions bill of course they couldn't touch
00:30:17 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 in the senate by the fox by the fox polling because you're a bunch of deadbeats focusing
00:30:29 on deep state and neocon issues and not on the issue of the american people and the people are
00:30:36 giving you the middle finger right now senate you deserve everything you get you're going to
00:30:40 lose the senate because of this this crimea situation is this because the ukrainians look
00:30:46 i'm anti giving them support right because i think it's a squabble between two slavic entities
00:30:52 but they got courage and grit and i mean they're given as good as they get what's happening in
00:30:58 crimea yeah i mean you have to look through the geography of the black sea coast i mean i don't
00:31:04 when they stopped teaching geography, but I've always been a little bit obsessed with it. But
00:31:08 from east to west, you have Rostov-Eldon, which is in Russia. Then you have Mariupol. Then you
00:31:13 have Crimea and Sevastopol, which is a major port. And then a little further west, you have Odessa,
00:31:19 which is the biggest port and the major port in Ukraine. Ukraine was always the breadbasket of 0.76
00:31:25 Europe. It was always the breadbasket of Europe. And Russia has enormous grain capacity. All that 0.96
00:31:30 Ukraine comes out of one of those two or three places through the Bosporus with Turkish permission
00:31:37 and it feeds the world. Let's not forget the original Crimean War, late 19th century. Who
00:31:41 was in the Crimean War? UK and Russia. So here we are again, with the UK being the biggest
00:31:48 warmongers in the whole thing. So look, I'm not selling the Ukrainians short. They do have robust
00:31:53 drone capacity, whether they make it themselves or not, who cares? They're firing them and they're
00:31:57 closing sevastopol or trying to the russians are absolutely closing odessa surrounding it
00:32:03 so you're looking at an expansion of the war um and turning into a wider european war
00:32:08 and a grain shortage and global starvation that that's what's on the table while everyone is
00:32:13 focused on the persian gulf um talk to me about strategic intelligence it's just not for people
00:32:20 that are involved in capital markets look it's read by ceos and chairman the c-suites all over
00:32:24 the world for 17 76 cents you're giving everybody a shot to take a look at this i tell people
00:32:30 hey if you have interest in world affairs but most importantly if you have interest in your own
00:32:34 country reach strategic intelligence because you base upon predictive analytics give me a minute
00:32:40 on that and why everybody should take take up on this offer because it's basically free if they
00:32:44 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 throwing the 76 cents too so jim why should people get this uh thanks steve this is a strategic
00:32:54 intelligence is the newsletter our landing page is records intel.com records intel.com this is
00:33:01 our lowest price ever patriotic 1776 so uh 17.76 for three months if you don't like it by the
00:33:09 best majority of readers continue uh indefinitely but if you don't like it we'll give you the 1776
00:33:14 six-pack. A quick footnote, Steve, the landing page is the same, RickardsIntel.com, but we have
00:33:20 a new video up that was endorsed by President Trump. And what do I mean by that? Trump took
00:33:26 the video that you get today, if you go to RickardsIntel.com, Trump took that video and put
00:33:31 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 team. I said, did you guys buy advertising on True Social? I said, absolutely not. Trump did
00:33:39 this on his own. It's called the Midterm Meltdown. We're going to look at the indictments, the
00:33:45 frauds, the steal, all the things that are going to be headline news between now and Election Day.
00:33:51 So same $17.76 price, RickardsIntel.com, new content, midterm meltdown, but endorsed by
00:33:59 President Trump because he put it on true social on his own. Jim Rickards, thank you. I'm going to
00:34:07 bug you after the show today to come back on hopefully tomorrow Saturday so much going on
00:34:12 in the world you get such a great big picture of it got to talk about the Asian bond markets
00:34:16 sir Jim Rickards thank you brother predictive analytics strategic intelligence give it a turn
00:34:24 $17.76 George Papadopoulos of course you're you're you're named of you know all the all the
00:34:31 deep state coming after everybody of course they're guilty your name keeps getting thrown
00:34:35 but first because you're one of the best geopolitical thinkers i know give me your
00:34:40 assessment of this ukraine because i keep saying hey folks if we let the kinetic war that we keep
00:34:45 funding on the ukrainian side if we let the kinetic war on the eastern speaking uh russians
00:34:51 russian speaking eastern border ukraine merge with what's happening in persia you're going to
00:34:57 have a conflict there's going to be 20 years we're going to be sending men women to die and
00:35:03 you're also going to be sending money over there to support it. Your assessment of where this
00:35:07 Ukrainian war is right now, sir? Yeah, thanks a lot for having me, Steve. Well, here's a simple
00:35:13 fact. The United States has mutual defense treaties with 52 countries on five continents,
00:35:19 and one of those 52 countries is not Ukraine. Ukraine today is one of the most corrupt countries
00:35:27 on the European continent. And it is attempting to basically morph its own conflict with the
00:35:34 conflict that the United States is currently in, in the Persian Gulf. And that's really why
00:35:39 Ukraine has conducted various drone strikes against not only Russian maritime shipping
00:35:46 bases and oil refineries, but also Iranian vessels in the Caspian Sea that we're traversing
00:35:53 going to Russia. This has the potential now to result in a tit-for-tat in which Iran 0.86
00:36:00 has been threatening to hit Ukraine and to suck in potentially the Europeans, NATO, 0.70
00:36:06 and the United States to defend Ukraine, not only from Russia, but Iran. And this is ultimately 0.86
00:36:13 what Zelensky's goal has been since day one. Continue the gravy train, eventually bring
00:36:19 American boots on the ground, European boots on the ground, and build a collective defense treaty
00:36:26 with a corrupt country that's not even in the European Union. This is a strategic mistake and
00:36:32 a blunder that the Trump administration is not seriously considering, but should the Democrats
00:36:38 win the midterms and, God forbid, win the presidency in 2028, that will all be back on
00:36:44 the table, and it'll be completely against the interests of the U.S. taxpayer and their security.
00:36:53 Look, when I came off sea duty, you know, from the Persian Gulf and the North Arabian Sea and
00:36:57 all that, and the Pacific Fleet back in, when President Reagan showed up, so I was there,
00:37:00 you know, 70, what, 77 to 80, 81, came back. Once I get in the Pentagon, the whole focus on the,
00:37:08 I was in the Pacific, and I said, well, this is where, this is where our focus is, right,
00:37:12 the persian gulf i get back no bannon that's not true everything was focused on russia and coming
00:37:18 the russian army coming across the north german plane through poland through prussia sweeping down
00:37:23 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 officer i said man does this really make sense is this what the whole thing's about this and the
00:37:31 focus was maniacal would you say today that given what the russians have had to do in ukraine and
00:37:37 this fighting in ukraine's going on for now i think five or six years it's probably the russian
00:37:41 Army is probably not a threat to roll through Prussia, Poland, the North German plane and
00:37:47 down into France, like World War I and World War II. Would you say, George, that's probably
00:37:51 should not be a priority for us? Although we still make it seem like it's the whole center
00:37:57 of gravity of our national security is actually around that, sir. You know, Steve, U.S. strategic
00:38:03 planning had assumed that the United States military can conduct two different operations
00:38:09 on two different continents. And that's really what the assumption was behind Iraq and Afghanistan.
00:38:16 You could argue it was all part of the same region. But what we're discussing here today
00:38:21 and what countries like Ukraine and others are attempting to suck the United States into 0.72
00:38:27 is a kinetic war, not only against Iran, but potentially Russia and even China over the South
00:38:35 China Sea and Taiwan simultaneously, all the while these three countries are attempting
00:38:42 to basically de-dollarize the world, to usurp the U.S. leadership model, the capitalist 0.94
00:38:48 system, and replace it with a BRICS-led model and a new architecture that basically will
00:38:56 determine the future of trade, finance, and how oil and natural gas is even traded.
00:39:03 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 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 But what did other countries look at the sanctions regime and say?
00:39:27 If the United States and Europe could freeze assets and central bank reserves of Russia, they can do it to us.
00:39:34 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 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 And that includes Russia ending the war with Iran and coming to some sort of agreement with China. 0.84
00:40:06 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 But as of right now, that has yet to be seen.
00:40:23 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 if it tied back to the hemispheric defense because the policy going forward george is absolutely
00:40:35 correct it's hemispheric defense and that hemispheric defense is central pacific in the
00:40:40 three island chain because as our great uh you know next generation of great leaders in the late
00:40:45 19th century america is a pacific power if you don't tie those together then you're just gonna
00:40:51 be burning cash and men and troops and ships everywhere in the world it's time for that
00:40:56 madness to stop george president trump when he first started coming on the scene in 14 15 and
00:41:01 really 16 was going to be a disruptor of the of the mindset of the imperial capital in washington
00:41:08 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 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 through the break just your assessment of what of the revelations you've seen about the coup in may
00:41:22 of 2017, of Round River, of everything you've seen, since your name pops up a lot, about the
00:41:29 deep state's attempt to take down and destroy President Trump. Yeah, nothing shocks me anymore,
00:41:35 Steve. And the moment the shock factor completely left me regarding this topic was last summer,
00:41:43 when then DNI Tulsi Gabbard called what Obama and his administration and top-level Democrats did to
00:41:50 the Trump administration, the Trump campaign, and people like you and me and others, a treasonous
00:41:56 conspiracy. Now, unfortunately, it's been over a year since DNI Gabbard said that, and we haven't
00:42:02 really had concrete results, including indictments, raids, and potential convictions of those
00:42:09 perpetrators who were part of this treasonous conspiracy, to use ex-DNI Gabbard's own words.
00:42:15 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 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 george papadopoulos uh man you've got such a great grip on geopolitics it's and very articulate
00:46:26 it's total clarity it's amazing question i've got and i'm kind of pressed for time here but
00:46:31 in may of 17 what's been revealed on the white house website from hard facts and those facts
00:46:37 have not really been disputed did members of then president trump's first term of his government
00:46:43 and the permanent bureaucracy or the administrative or deep state attempt a coup d'etat against
00:46:49 president trump as sitting commander in chief sir the answer is 100 yes and what that attempt was
00:46:57 was a an overt act in a criminal conspiracy to not only disenfranchise millions of american
00:47:08 voters who voted for President Trump and America first, but a treasonous act to overthrow the
00:47:16 United States government. And that's ultimately what they attempted in May 2017, after they failed
00:47:24 to keep him from ascending to the Oval Office in November of 2016, Steve. So that is ultimately
00:47:32 what the president was up against. His own so-called people were treasonous from within.
00:47:40 And if you go back as far back as ancient Rome, that's what the great orator Cicero 0.92
00:47:45 warned would eventually destroy the ancient city of Rome. It was treason from within,
00:47:52 not an enemy abroad, but from within. And that's what the president was up against.
00:47:56 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 The time is now. Give me one minute.
00:48:13 What do you recommend? Is it criminal proceedings?
00:48:16 How do you what is Papadopoulos' recommendation needs to be done now, now, now, sir?
00:48:22 We need to stop playing games.
00:48:24 We need to declassify everything.
00:48:26 The president has been calling for declassification.
00:48:28 Ultimately, the buck stops with the president.
00:48:30 The president has to declassify every single file regarding Obamagate, the impeachment
00:48:36 scandals, January 6th, deliver those files for the first time ever to a grand jury so
00:48:42 that they could see this once classified information and allow the grand jury, along with the prosecutors
00:48:48 He was leading these investigations, patriotic individuals like Joe DiGenova and his team
00:48:52 to bring it there and to prosecute these people for the first time ever.
00:48:57 Because if you look back at what happened with Durham, with special counsel Durham,
00:49:00 he never had these files declassified.
00:49:02 These files couldn't get to a grand jury.
00:49:04 That's why he wasn't able to go all the way.
00:49:06 We can go all the way now, Steve, but we need to have the will to do it.
00:49:10 And I know the president does, but it's up to his team to not to block it.
00:49:14 And that's what George Papadopoulos would advise right now.
00:49:18 This is why Bill Pulte was I'm telling you, Bill Pulte, if it was not for Solomon, the task force.
00:49:24 Amazing. It was not for Bill Pulte. We would have we would have lost this country.
00:49:29 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 And hey, I'm just asking new D&I. Yo, dude, where the frick are the declassifications?
00:49:45 I don't want to hear any happy talk about how you're working well with others.
00:49:48 I don't care about working well with others.
00:49:50 You need you need Jay.
00:49:52 You need to step up, try to be half the person that Bill Pulte was.
00:49:56 Papadopoulos, where do people go to get your content?
00:49:58 We're going to be back on.
00:49:59 Where'd it go?
00:50:00 Appreciate it, Steve.
00:50:01 You could follow me on X at George Papa 19.
00:50:06 Thank you, sir.
00:50:07 I appreciate you.
00:50:09 Appreciate it.
00:50:09 McCabe, you're at the White House.
00:50:11 Repress for time.
00:50:12 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 Yeah, real quick, Steve.
00:50:27 So USS Lincoln, along with USS Bruins, Peterson and the Michael Murphy, those are the three destroyers they deployed November 21st.
00:50:37 They've been underway or deployed for more than 260 days.
00:50:42 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 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 Fifth Fleet is based in Bahrain.
00:51:06 And all of the sort of back office, all the logistics, everything for Fifth Fleet goes through Bahrain.
00:51:13 But Bahrain is compromised as a port because it's literally a kinetic zone there.
00:51:20 And so that's what's holding things up.
00:51:22 There's plenty of food.
00:51:23 Hang on, hang on, hang on, hang on, hang on.
00:51:25 We have to have had something else. 0.87
00:51:27 Bahrain's to hide on right in the Persian Gulf with the drones and the missiles.
00:51:32 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 Apparently not.
00:51:45 And so, you know, all the storekeepers are in Bahrain.
00:51:49 And so that's the problem, getting things back and forth.
00:51:53 That's not going to work.
00:51:54 But also there's the jumpers and it's becoming political.
00:51:59 And Democrats all over this.
00:52:00 Okay, McCabe, I'm going to call you after the show.
00:52:02 We're going to get on top of this.
00:52:04 There's a logic there I don't quite understand, so we're going to have to understand it.
00:52:08 Neil McCabe at the White House.
00:52:12 Natalie's going to join me for the entire hour this afternoon.
00:52:15 You don't want to miss it.
00:52:17 Charlie Kirk, Charlie Kirk, show us up.
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