Bannon's War Room - Episode 5606： The Economy And Data Centers Are On The Ballot In November

00:00:00.000 say forewarned is forearmed. Hope for the best, but prepare for the worst. As we speak,

00:00:05.780 elections officials across this country are wargaming scenarios, strategizing responses to

00:00:10.740 any and every move Donald Trump might make come election day. Expected and unexpected from

00:00:16.560 disruption to cataclysm. The latest reporting from our MSNOW colleagues, quote, five top election

00:00:23.300 officials in different states told MSNOW that state officials and election administrators are

00:00:28.360 in active conversations with local law enforcement, state attorneys general, and legal advisors

00:00:33.620 about how to respond if federal agents attempt to raid a polling site and seize ballots or machines,

00:00:40.440 breaking the chain of custody for ballots and potentially throwing an election's results into

00:00:44.900 doubt. If federal agents arrive at a polling location with a search warrant in hand, a state's

00:00:50.340 only apparent immediate response is to sue and seek an emergency stay from a court. If federal

00:00:56.960 agents try to seize ballots or disrupt voting based on a national emergency declared by the

00:01:02.520 president, state officials are actively talking to local law enforcement about their options to

00:01:07.520 respond, said election officials. But it does not stop there. Multiple sources who spoke with MSNOW

00:01:13.980 insist the trust and relationship between state and federal officials is right now at an all-time

00:01:20.020 low. Remember CISA, the cybersecurity and infrastructure agency, used to be an essential

00:01:25.940 federal partner for states in protecting against foreign interference and attacks on essential

00:01:30.860 election systems. That is, before the Trump administration all but set a match to it.

00:01:36.820 Now, what's left of the agency is hastily seeking to rebuild bridges with state officials

00:01:41.760 in an effort sources described as too little, too late. Just this week, VoteBeat reports

00:01:48.060 frustrations boiled over during a rare election security call between CISA and state officials.

00:01:53.740 Quote, after more than a year of near silence, elections officials wondered if CISO would step up to offer classified intelligence briefings on emerging cyber threats from hostile countries, specialized testing of election equipment or training on how to prepare for potential problems on Election Day. 0.57

00:02:11.780 Instead, CISA leaders provided what one participant characterized as a generic CYA, cover your butt,

00:02:18.900 briefing that offered state officials few assurances that the federal government would help thwart threats this November.

00:02:25.380 CISA did not respond to VoteBeat's request for comment.

00:02:28.460 But that relationship, or lack thereof, one senior election official told MSNOW, quote,

00:02:34.320 the trust has been so decimated, the threats we're getting are coming from within the government now.

00:02:39.080 shared an unsigned Census Bureau report claiming more than 24,000 non-citizens voted in the 2020

00:02:47.200 election. A figure, by the way, that even if true would not have changed the outcome of that

00:02:53.360 election. But one Trump did try to claim would soon explode. The number would explode once the

00:02:58.900 analysis was finished. It would be even bigger. Except the ones doing the analysis are not career

00:03:05.620 census staffers. They are apparent Trump allies. One official told NPR the team behind it

00:03:12.260 included people affiliated with the America First Policy Institute, a think tank founded by former

00:03:19.640 Trump officials. It follows reporting from CNN, citing three former census officials that said

00:03:25.200 the administration had installed a group of analysts from that think tank inside the bureau

00:03:30.040 earlier this year. Spokespeople for the bureau, the America First Policy Institute and the White

00:03:35.940 House, did not respond to NPR's request for comment. Outside election experts, though,

00:03:40.900 like the executive director of the Center for Election Innovation and Research, told NPR,

00:03:45.100 quote, the analysis is laughable. Census data cannot reliably be matched to voter data.

00:03:51.120 And former Census Bureau Director Rob Santos called the report a hijack by the White House,

00:03:56.840 telling CNN he was shocked and dismayed to see it on the bureau's website.

00:04:01.680 The question is, what will they try to do with those claims in places where Republicans lose in November?

00:04:07.260 All of that analysis in mind, I want you to take a listen to Steve Bannon.

00:04:10.280 This is sound from this week, him talking about ICE at polling places.

00:04:15.640 This is why we need a national emergency proclamation, a national emergency memo about the upcoming elections.

00:04:22.880 You're going to have to have a forcing function to get to ID.

00:04:27.160 You're going to have to have a forcing function not to have the phony mail-in ballots.

00:04:30.800 You're going to have to have forcing function, Jack Posobiec, to have a up-armored, yes, a up-armored ICE presence at these polling booths.

00:04:40.880 And they say, well, that's going to be intimidation.

00:04:42.620 Well, it ain't intimidation of a United States citizen.

00:04:45.460 It's an intimidation if you're a foreigner and here illegally and not eligible to vote. 1.00

00:04:50.300 It should be intimidating.

00:04:52.880 You know, I reported from New Jersey during this past election.

00:04:57.360 I spoke to a lot of local organizers who organize in Latino communities where they're trying to get U.S. citizens out to vote.

00:05:03.560 And one of the things they heard is simply the presence of ICE agents in the street had had a chilling effect on voters, even if they were U.S. citizens who had every right to vote.

00:05:13.180 So that's bananas. Explain to me what a national emergency memo is going to look like.

00:05:18.140 it's going to be disinformation put in the form of a memo that claims that something is happening

00:05:23.860 that is not happening but i just want to make this one thing very clear first of all they know

00:05:29.680 exactly what aria is exactly right steve bannon is saying these things to scare people from even

00:05:34.920 showing up and what people need to understand is no you have every right to vote because you are a

00:05:39.460 citizen that's why you're registered the states handle the registration they do a good job and at

00:05:44.640 the same time people need to understand that it is a violation of federal law for ice to show up

00:05:52.060 at those polling sites and stand there it is a violation and there are clergy multi-denominational

00:05:58.400 if you are in your neighborhood and all of a sudden ice shows up at your poll who do you call

00:06:04.420 to say i am seeing a violation of my civil liberties well you first of all you call you

00:06:09.560 call your election administrators i mean you call the remember the states are the ones that

00:06:14.200 administer you have laura's reporting is exactly right when secretaries of state are figuring out

00:06:18.580 how to ensure that they're not getting federal interference in their administration of elections

00:06:23.600 they're going to be lawyers on call and ready for exactly this kind of thing because they keep

00:06:29.040 telling us they're going to do it and so the point is we've got folks that are going to be

00:06:34.320 poll watching poll observing there are when i'm talking about clergy we see and are watching faith

00:06:40.980 leaders. I participate in some of the trainings myself to ensure that we have folks who are at

00:06:46.320 the polls ensuring that they can make the call into the appropriate state authorities if they're

00:06:52.280 seeing something unlawful that they believe is happening. And it's exactly why state authorities

00:06:57.340 are talking to their own law enforcement about how do we handle it if our laws are being violated.

00:07:02.900 I think this is the point that voters should know and understand. It's both faith leaders and

00:07:08.480 And church leaders, it's unions, it's organizations, civil rights organizations, making sure people are protected and know their rights.

00:07:16.240 But it's also the election officials themselves that are being prepared for this.

00:07:21.400 And it is a violation of federal law.

00:07:25.000 Ask yourself why.

00:07:27.020 Why is it a violation?

00:07:28.240 So it's a violation because everybody understands that you don't want the federal government trying to control elections.

00:07:37.180 You just want states to be able to administer it in a nonpartisan way.

00:07:42.180 That is what is going to happen here.

00:07:44.260 But if by chance we see that kind of vote, look, don't call it voter suppression.

00:07:49.800 I call it blocking voters from voting.

00:07:52.120 Let's make it plain.

00:07:53.160 This is about scaring people off from the polls, even though it's their right to show up and vote or trying to intimidate them by suggesting that they shouldn't be there.

00:08:01.460 And what we're going to make sure happens is that their civil rights are protected.

00:08:05.040 But all of this is doing is energizing a lot of people to get engaged and make sure that we, the people, continue to be we, the people, and have a say over deciding who leads us.

00:08:17.300 Some steps it says President Trump has taken toward undermining American democracy, measuring on a scale from zero to 10, with zero representing a strong, though imperfect democracy and 10 representing a true autocracy.

00:08:31.520 The board has moved one category, at least manipulating the law to stay in power up to level three.

00:08:38.260 The Times editorial board explains Trump has pushed Republican led states to redraw congressional maps, back legislation that could restrict voting.

00:08:47.300 and raise questions about whether legitimate ballots could be rejected.

00:08:51.700 Constitutional scholars and democracy experts tell The Times they worry about possible voter intimidation

00:08:57.200 and efforts to block certification of election results,

00:09:00.920 adding Trump's gerrymandering campaign has likely shifted the House competition

00:09:06.020 at least 2.5 percentage points toward Republicans.

00:09:09.780 With the president already taking steps like this for the midterm elections,

00:09:14.120 The Time warns if Trump succeeds in perverting the results, as they write, he could be emboldened to take similar steps in 2028.

00:09:24.500 Let's just say I'm looking at it with extreme, extreme skepticism. 0.98

00:09:28.660 I mean, look, when we're talking about noncitizens voting, this should be an easy issue to talk about, because number one, if noncitizens are on the voter rolls, they should not be there. 1.00

00:09:38.400 We should remove noncitizens from the voter rolls. 1.00

00:09:41.020 However, the problem of non-citizen voting is microscopic. 1.00

00:09:46.120 It has not been documented in any rigorous way to matter at all.

00:09:50.540 Instead, it's a rounding error on a rounding error on a rounding error.

00:09:53.920 And a lot of the emphasis on it, quite frankly, is still related all the way back to this 2020 obsession,

00:10:02.240 where the Trump world is still looking for something, anything that they can find to say that the 2020 election wasn't legitimate. 0.89

00:10:10.400 So we should be concerned if non-citizens pop up on voter rolls, they should be removed. 0.75

00:10:16.680 But Americans need to know that in the scheme of American elections, the problem of non-citizen voting is not even close to material. 1.00

00:10:27.400 It is not even anything. It is not something that people should worry about when they go to the polls.

00:10:33.380 This is an effort to try to generate fear.

00:10:36.320 It is not an effort to address a real and truly substantial problem.

00:10:40.760 So you scream about a problem that doesn't exist.

00:10:43.900 And in this case, of course, there are illegal aliens living in the United States, 0.63

00:10:49.100 but there is almost no evidence anywhere in any state of them actually voting. 0.50

00:10:54.120 Because if you think about it, if you were illegal, why would you even try to vote?

00:10:57.920 And for all kinds of reasons, the states all have systems where they can check people's citizenship.

00:11:01.900 It's just not true. But they're trying to create this boogeyman, you know, illegals are voting so that if they lose an election in Georgia or if they lose an election in North Carolina, they can say, oh, it's because of the illegals voting. 0.68

00:11:15.820 And maybe they'll try to seize voting machines or reverse the results they've already done. 0.63

00:11:20.560 They've already seized voting machines in Georgia and Fulton County in a kind of fake attempt to relitigate the 2020 election.

00:11:27.520 But you're right. It's distracting people with a fake threat.

00:11:32.280 You know, here is a here is a threat you need to be worried about.

00:11:34.960 And of course, if millions of illegal citizens were voting, we should be worried.

00:11:38.880 But it's not true. But they they repeat it as if it were true.

00:11:43.660 And again, this is exactly what Viktor Orban did. You're right. And not only him.

00:11:47.160 And then you have the consequences, which is that they are then able to challenge the system itself.

00:11:52.680 19 months into the second Trump administration, and they're still blaming Joe Biden.

00:11:58.900 And I just, first of all, war on cows, really?

00:12:02.640 You're going to blame a war on cows for the fact that tariff policies and all the other horrific policies that are being put in place continue to cause groceries, make grocery spike, continue to make rent.

00:12:17.440 Willie, just on the last issue about debt and on deficits, I actually do know something about this.

00:12:25.920 I don't know if I told you I was in Congress. We balanced the budget four years in a row.

00:12:28.780 The only Congress that have done that in 100 years.

00:12:31.620 Let me just tell you, Donald Trump, in his first term, before Joe Biden was president,

00:12:40.560 Before Joe Biden stepped into the Oval Office, he oversaw deficit spiking a record number, 317 percent.

00:12:51.760 Deficits went up from the beginning of his term to the end of his term, 317 percent.

00:12:58.340 That increased from Obama in the second term.

00:13:01.840 already in his first year, CBO is projecting it's going to at least be a 20 percent increase so far

00:13:12.180 this year. During Biden's final year, deficits were actually going down. Now, once again,

00:13:20.400 they're going up. So there are three things they cannot deny, Willie. Number one, under Donald

00:13:26.460 Trump, term one and term two, we've had the largest deficits in the history of America. In fact,

00:13:32.600 Donald Trump has accounted for one out of every three dollars in our federal debt. Think about

00:13:40.040 that. He's president 45 and 47. Well, yeah, he has been responsible for one third of our federal

00:13:48.600 debt. The other 44 presidents will take the two thirds. Secondly, we have the highest deficits

00:13:59.360 ever. That's based on his choices, his choices for tax cuts for the rich, his choices for making

00:14:08.160 the Pentagon spending go up to record levels, his choice to start an unnecessary war that is

00:14:15.980 costing us billions and billions of dollars and his choice to actually put out the biggest

00:14:24.660 most pork barrel budget of all time this is on him not cows it's on him and the numbers show

00:14:33.840 it clearly and i think the american people are smart enough willie to understand that

00:14:38.960 it's friday 21 august in the year of our lord 2026 i think we've got a lot to go through

00:14:47.200 today and we're gonna get to it as soon as we take a short commercial break you're in the war room

00:14:52.220 on a friday in august

00:14:54.380 you don't wait until your house is on fire to install a smoke detector and you don't wait

00:15:04.400 into the wind and rain, hammer your windows, and the power goes out to prepare for a hurricane.

00:15:11.200 And you don't reach for your seatbelt after the impact because after the crash, the hurricane,

00:15:16.980 or the house fire, it's too late. Similarly, you don't wait until the dollar goes to zero before

00:15:23.020 you buy gold. It's too late then. Diversify with precious metals and diversify now because you

00:15:29.740 never know what will threaten your savings next. Persistent inflation, a weakening dollar,

00:15:35.600 unexpected financial disruptions. You don't know what's coming, but you can take preventative

00:15:40.700 steps and you can take them today. Do that right now by requesting a free information kit on gold

00:15:46.660 from my friends at Birch Gold Group. Just text my name, Bannon, B-A-N-N-O-N, to the number

00:15:52.660 989898. There is no cost and no obligation, just straightforward information on how you can

00:15:58.960 diversify your savings, even an IRA or 401k with gold. I trust Birch Gold. You should trust them

00:16:07.120 too. Text Bannon at 989898. Take action and do it today. Here's your host, Stephen K. Bannon.

00:16:19.640 Welcome back. It's Friday, 21 August. You're really 2026. Magnificent cold open right there.

00:16:25.000 boy they're not too afraid of uh of uh foreign nationals uh illegally on voting rolls or illegal

00:16:31.980 aliens voting are they maya wiley who's one of the smartest uh commentators she ran for mayor

00:16:38.980 of new york a far left radical but quite smart i mean she nails right there oh steve bennett's 0.74

00:16:45.480 trying to intimidate people maya if you're a united states citizen you have cortez come and 1.00

00:16:51.180 help me out here. Maya and Menendez. And by the way, as I told you, Menendez is going to be a

00:16:56.240 superstar over there. She, she's going to be their new star along with Stephanie rule. We called that

00:17:01.020 years ago. Uh, Maya Wiley, Steve Bannon is trying to intimidate, trying to intimidate, but no, I'm

00:17:08.000 not Maya, but we are trying to intimidate foreign nationals and not supposed to vote in illegal

00:17:13.120 aliens. You damn right. Not just intimidate them, arrest them, roll them up and arrest them. And 1.00

00:17:17.220 we're not going to back off that, ma'am. Sorry, not sorry. Cortez, why are they so panicked about

00:17:22.800 that, sir? Well, they're panicked because they know that in substantial numbers, foreigners are 1.00

00:17:27.920 voting. And by the way, it's not just the illegals, it's how many legal foreigners are in this 0.52

00:17:32.780 country. Tens of millions of them legally here. Okay. They are allowed to be here. I think there's

00:17:37.140 too many of them, but that's a different topic. The point is in survey after survey, 10% of them

00:17:43.020 tell us that they are voting and in most states because these folks have driver's licenses they're 0.96

00:17:47.840 allowed to get driver's licenses okay these are foreign nationals who are allowed to be here but

00:17:52.000 when they get driver's licenses in most states they are automatically registered to vote so for

00:17:57.320 some of them by the way some of them may not even have sinister intent they may just think well i

00:18:01.900 got registered to vote i'm voting right i mean it might be a natural human reaction the point is

00:18:06.780 none of them are allowed to vote obviously not the illegals but not even the millions and millions

00:18:11.700 of legal foreigners who are in this country. And we know they are voting in substantial numbers

00:18:16.300 and in tight elections. And we've now had three extremely tight presidential elections in a row,

00:18:22.540 right, in the swing states. In those states, it can absolutely be determinative and probably is

00:18:28.680 determinative that these foreigners are voting. So we're not making this up. This isn't some tinfoil 0.94

00:18:34.760 hat garbage. This is reality. And here's the point too, Steve. In so many of these blue states, 0.96

00:18:40.380 right where they control or even if they're swing states but where they're in control for right now

00:18:44.740 like Wisconsin I think Republicans are going to get control but the point is the Democrats have

00:18:48.280 controlled these blue states for the last three election cycles and it's in cities like Milwaukee

00:18:53.740 where there is no transparency right where they operate in darkness regarding their voter rolls

00:18:58.820 where they will not make them public where they fight every attempt at transparency we know that

00:19:03.460 there is systemic cheating going on of various kinds and one of the elements of the cheat clearly 0.99

00:19:09.160 is encouraging and facilitating the vote of foreigners. 1.00

00:19:16.520 I want everybody to get their number two pencil out.

00:19:20.200 We've got another concept.

00:19:21.020 We're going to talk about concepts today.

00:19:22.340 Fiscal consolidation, financial repression.

00:19:25.920 We're going to go back over this.

00:19:27.080 Remember, it's wash, rinse, repeat.

00:19:29.760 Systemic cheating.

00:19:32.500 Just walk me through that for a second,

00:19:34.400 because that is the absolute key concept

00:19:36.560 and back of this national security emergency and Peter Tickton who's one of the co-architects of

00:19:43.860 this with Wayne Allen Root is going to be on the show in the second hour with a specific example

00:19:48.460 what's happening in the country right now he's going to talk about the national security emergency

00:19:51.940 memo systemic cheating you're saying it's just not onesies twosies people like oh I didn't know 0.65

00:19:57.680 uh you know these foreign but first off there shouldn't be we should have a moratorium on 1.00

00:20:02.460 this quote-unquote legal immigration because all a scam starting with the h1bv's visas all a scam 1.00

00:20:08.560 but they know they're not supposed to vote but they're getting they're getting signed up by dmv 0.65

00:20:14.000 and they're coming out in droves to vote and they're going to come out in more droves to vote

00:20:18.300 because they understand our program is to get rid of these phony programs and get them the hell out

00:20:23.240 of the country steve cortez yes and and so many of them steve why why are they voting even if they

00:20:29.580 know they shouldn't be because they're getting benefits from being in the United States. And

00:20:33.080 they know those benefits will only continue and will only be lavish and increase if Democrats

00:20:38.060 win elections. I think a lot of Americans don't really realize that. I know we're going to talk

00:20:42.160 about the bond market and the stress on our budget. A big element of that, that anxiety

00:20:47.980 and that crisis for this country is because we are lavishing so many benefits upon foreigners, 0.99

00:20:53.160 both legals and illegals. And many of them, people will be shocked by this, believe it or not,

00:20:58.300 by state statute at least they are entitled to those benefits in places like california where

00:21:04.560 they get taxpayer-funded health care so you want to know one of the reasons why your grandma may

00:21:09.140 not be able to get the care that she deserves under medicare and medicaid well part of it is 1.00

00:21:13.820 because the illegals and the foreigners who are here legally are taking so many of those benefits 1.00

00:21:18.420 so are they voting their own interests of course they are and in terms of the systemic nature of

00:21:23.460 the cheat steve i think this is important the reason we know it is not just that we know it

00:21:26.920 intuitively. It's because if we look at these statistics and the data, it reveals itself.

00:21:31.600 What do I mean by that? Well, for example, if you look at I mentioned Milwaukee, I think Milwaukee

00:21:35.380 is the worst and most consequential cheating center for elections in this country. It's one

00:21:40.480 big reason we need to elect Tom Tiffany governor there so that he can clean it up. But when we look

00:21:45.000 at the precinct level data, for example, in Milwaukee, the turnout models, the turnout results

00:21:50.640 in very Democrat leaning districts in Milwaukee, which is most of them, they are absurd. They defy

00:21:56.480 belief, right? They're just simply not plausible turnout percentages in these areas. You see

00:22:02.400 similar things in Atlanta, similar things in Philadelphia, but I think, again, Milwaukee's

00:22:06.140 the worst. So we know empirically, we know from a data-driven approach that there is systemic

00:22:10.600 cheating going on. And again, foreigners are part of that. It's not the only part of the cheat, 1.00

00:22:15.640 but it's part of it. And I personally believe that Wisconsin will always be a close state,

00:22:20.140 but if we have a clean election and we only actually count valid ballots in the state of

00:22:25.880 wisconsin i believe republicans are going to win there in this november i think they're going to

00:22:29.340 win there in 28 and probably win then thereafter once we do the census the right way which again

00:22:34.160 is another important topic once we do the census the right way then we win for decades to come

00:22:38.720 this is why they fight so hard the save america act now we're beyond the save america act it's

00:22:45.300 too late okay we got to stop and i realize they're doing messaging that the democrats

00:22:49.640 that's all fine but not that any democratic voters or even moderates care about that

00:22:54.800 um what you know in wisconsin in michigan in pennsylvania georgia just to name a couple of

00:23:01.740 three places that maybe we have contested elections if you cleaned up the voter roll this is why

00:23:06.700 they're so adamant about they're not going to touch the voter roll what are you talking about

00:23:09.480 their business model is based upon illegal alien invaders and the phony immigration programs get 0.97

00:23:16.520 them on here on welfare benefits you're taking care of them you sign them up you intimidate the

00:23:21.800 republican party oh you're racist and nativist you can't come into the polls and check this out 0.96

00:23:26.420 screw you we're sending up armor ice to the polls and if people are intimidated they're intimidated 0.98

00:23:32.120 because they're not right eligible to vote and they understand when they get rolled up 0.98

00:23:36.140 they're going to go to prison and kicked out of the country which is a twofer cortez is that not

00:23:41.260 the fact the business model the democrats is i'm going to segue after your answer into now they're

00:23:47.640 all sitting there. Oh my gosh, we have debt and deficits, but let's go back to this. Their

00:23:51.700 business model is centered on illegal alien invaders and these phony foreign nationals 0.99

00:23:56.960 that are here voting in elections for their own benefit, sir. Yes. 100% to have as large a group 0.99

00:24:03.800 of people who are dependent on government largesse who will then politically support you so that you

00:24:09.320 can continue to consolidate power. That is the model of the Democrat party, both at the local

00:24:14.820 level and at the national level in this country. And even legal immigrants, to this point, Steve,

00:24:21.060 believe it or not, the Los Angeles Times, not exactly a right-wing publication, it was actually 0.98

00:24:24.980 willing to admit that in Los Angeles County, largest county in America, immigrant-headed

00:24:29.560 households, 55% of them getting government benefits, getting means-tested government benefits,

00:24:35.920 which is really another way of saying welfare. The majority of immigrant-headed households.

00:24:40.380 Okay, that means we are not doing legal immigration right. Illegal immigration, of course, should be practically impossible. It's a scourge on this nation. But even legal immigration, we are not applying the kinds of filters and rules to legally immigrate to this country to guarantee that we are truly getting ambitious, go-getter, America-loving legal migrants, and it's putting massive strain on our budgets. 0.99

00:25:04.340 It's one of the reasons, not the only reason, but it's a key driver of why we have these unsustainable deficits. 0.93

00:25:10.040 So it's wrong for our elections. It's wrong for the sanctity of our elections.

00:25:13.080 But it's also just totally fiscally profligate to continue to follow these policies.

00:25:18.240 But you're exactly correct. It is clearly the business model of the Democrat Party.

00:25:23.280 Now, having said all that, I think we're about to break that model in 28, 30, 32.

00:25:27.280 But, boy, we better work our tails off.

00:25:28.940 no you gotta get to the census and you gotta but so many things have to happen right let's pull

00:25:34.960 back for a second i want to connect this uh because they're saying the morning's well nobody's

00:25:39.820 ever connected and axios nobody's ever connected spending you know this massive deficits and

00:25:44.480 massive financing of these deficits to their own personal life well that's not the war room posse

00:25:49.380 for years we've been talking about the 10-year treasury and about how that governs so much of

00:25:53.800 financial life uh and it's all you know it's all tied to the refinancing of the federal debt

00:26:00.160 yesterday steve i only got about two minutes here i'm gonna hold you through the break

00:26:03.980 the guardian newspaper which is very well edited and very very well written but is the paper of

00:26:10.060 record of the far left in the world in particular united states they had their polls headline at

00:26:15.540 the top was breaking news u.s debt crosses 40 trillion dollars then in quotes democrats outraged

00:26:23.360 Democrats outrage. You can see on Morning Joe, they spent half the show this morning

00:26:27.500 tying it to Besant and to President Trump, the debt and deficits. When you talk to any of their

00:26:33.740 candidates, they are literally out of control on benefits, on Medicare for all. They want

00:26:39.360 $3 and $4 trillion deficits a year, sir. Right. Yeah. So listen, and here's the proof that that's

00:26:44.940 absurd, of course, is look at the actual numbers, right? I don't have to give you my opinion.

00:26:48.200 I traded bonds for 25 years. Price is truth when it comes to capital markets,

00:26:52.980 And there's no capital market more important in the world than the U.S. Treasury bond market.

00:26:57.480 And if we look at treasuries in the fall of 2019, which you and I talk about often, Steve,

00:27:02.440 was really it was the greatest year and the greatest period of the greatest year for American workers in all of U.S. history

00:27:08.600 because we had real wages galloping higher because pay was increasing and inflation was incredibly restrained.

00:27:15.080 Deficits were heading in the right direction as a percentage of GDP.

00:27:17.920 The 10-year yield, which is really the barometer, okay?

00:27:20.800 It's what global capital thinks about inflationary pressures within the United States relative to growth.

00:27:26.580 Right now, we're at 4.7%, which I think is quite alarming, getting up near 5% of the 10-year Treasury yield.

00:27:33.100 In the fall of 2019, Steve, we were below 2%.

00:27:36.420 We were hanging around 2% and getting below 2%, so less than half of current yields.

00:27:41.520 That shows you that the America first Trump model can work, did work, can work again.

00:27:48.020 But we've really got to put our shoulder to the wheel, as you always say, to make that happen again.

00:27:52.600 Yeah. Yeah. Hang on one second. We'll take a short commercial break.

00:27:56.560 Cortez McCabe's going to join us from the White House.

00:27:59.300 We're on a roll this morning on a Friday in August in the war room.

00:28:02.440 october 15th or as we say in the war room 15 october as we head towards that date that's the

00:28:17.800 extension deadline for the irs here's something most americans do not realize the irs already

00:28:25.280 has a file on you every w-2 every 1099 every piece of tax information that's been reported

00:28:31.720 to the government is sitting in what's called your IRS master file. The question is, do you

00:28:37.840 know what's in it before you file your return? That's why I want you to check out our friends

00:28:42.620 at Tax Network USA. They'll pull out your official IRS master file before your return is prepared

00:28:49.720 so that you can see exactly what the IRS already has on the record. If you filed an October 15th

00:28:57.600 extension, you can get your federal tax return repaired, plus your IRS file pulled for just

00:29:04.220 $49. And if you're self-employed, receive 1099 income, or own a business, they'll review your

00:29:10.920 IRS file and prepare your federal tax return for just $300. This special offer can save you

00:29:18.060 hundreds of dollars while helping you file with confidence before the extension deadline.

00:29:22.840 Call 866-513-5516. That's 866-513-5516. Or visit tnusa.com slash Bannon. That's tnusa.com

00:29:37.140 slash Bannon for this special pricing. That's again tnusa.com slash Bannon. Remember, they can

00:29:45.360 pull the file for $49 and then file your return for $300. Do not miss this special offer. Take

00:29:52.140 advantage of it today okay folks we're going to connect a lot of dots here right now so i want

00:30:04.920 you everybody sit down and take a lead story in i think i put this up on getter but the lead story

00:30:12.100 in axios this morning is america's capital crunch soaring debt collides with ai spending spree

00:30:19.160 okay america's capital crunch soaring debt collides with ai spending spree i'm gonna send

00:30:24.680 this to my producer right now but i think i've already got this up on getter because what i said

00:30:29.560 is the theory of the case here at the war room has been for a while in fact if you read this

00:30:34.960 you go gosh i heard this with abandon was talking about this for the last six months or so what we

00:30:39.900 have in this country right now and this is why it's so dangerous because let's have an adult 0.90

00:30:44.400 partners discussion not not the crap you hear on msnbc and all this oh it's all trump's fault

00:30:49.800 we have right now this is the business model of the united states both the government and the uh

00:31:02.460 and also corporate we have a highly leveraged bet on a leverage bet that we're going to have

00:31:12.260 massive artificial intelligence productivity increases, okay, without the concomitant mass

00:31:21.440 layoffs in STEM workers. Write that down. I've said this now for months and months and months,

00:31:26.760 and now Axios kind of backs it up. We have a highly leveraged bet on a leveraged bet

00:31:33.880 on artificial intelligence, on massive artificial intelligence productivity increases

00:31:39.900 without the concomitant mass layoffs among stem workers when um scott besant says yesterday and

00:31:51.400 then jd kind of repeated it uh on newsmax but people have to understand this particularly

00:31:56.160 you've got to understand when you start talking about growth you have to understand what besant's

00:32:00.560 talking about that we're going to grow our way out of this emergency because besant's theory of the

00:32:07.760 case is you attack an emergency to avoid a crisis. You attack an emergency to avoid a crisis.

00:32:15.580 So what he's saying, this is part of the big, beautiful bill, that you incentivize capital

00:32:20.180 to kind of invest in high value added manufacturing jobs to bring back to the United States and both

00:32:25.980 tariffs are a forcing function. The tax, the supply tax cut is a kind of a forcing function

00:32:32.580 to force jobs back here and and some of and that investment is happening we had peter navarro on

00:32:39.420 the other day we've had a scott bessen on a couple weeks ago to talk about it so cortez that's

00:32:43.760 happening however the overwhelming majority of what is happening is that we're at 40 train in

00:32:51.220 debt and the 40 train debt's bad enough but worse is the deficits that we have that are unsustainable

00:32:58.440 and we said it last year when they came out on september 30th of last year in october 1st and

00:33:04.100 said well hey the deficit we're going to get it under control deficit's going to be one trillion

00:33:07.260 dollars or less we said no no no no no if you just look at the structural issues we have and this is

00:33:12.000 without the war this is without paying for the excursion into the middle east you're going to

00:33:16.380 be at about two trillion dollars and that two trillion dollars is kind of that's kind of ongoing

00:33:21.680 and this is why it's i don't know it's a trillion dollars every couple of months every 90 days four

00:33:26.640 months five months it took us 200 years to get to the first trillion what we've added 37 trillion

00:33:32.240 since uh 9 11 uh and um and uh and we continue now to two trillion dollar clip that has to be

00:33:40.440 financed and and one third of the debt because basically buying these guys went short term has

00:33:45.960 to be refinanced all the time going into the capital markets and getting that particularly

00:33:50.900 when foreigners are saying hey you know what i may have enough dollars right now you ever read

00:33:56.160 end of the dollar empire this is where king dollar everybody needed king dollar but the

00:33:59.880 bricks nations and other nations some of whom are actually allies of the united states not just

00:34:04.920 their enemies are sitting there going hey guys no offense the reason the lakers are 12 billion

00:34:09.660 dollars the reason the queen music library is over a billion dollars not simply the intrinsic value

00:34:14.700 of those libraries but also the devaluation of kit of dollar the the drop in purchasing power

00:34:21.560 which, as the guys over at Brownstone showed, has really been 50% since Biden took office.

00:34:28.480 This is all in a strictly linked into an emergency right now that has to be addressed.

00:34:33.380 But Steve Cortez, we have 40 trillion in debt.

00:34:37.520 We have $2 trillion deficits as far as the ICC because the Senate just passed a CR to kick the can down the road to December,

00:34:45.280 which is going to be another omnibus on Joe Biden and Nancy Pelosi's spending levels.

00:34:50.580 We're not even getting close to getting to the spending levels back pre-COVID.

00:34:53.620 We're still dealing with that.

00:34:54.920 And on top of that, you have the AI companies, and they kind of gave us a hint of this.

00:34:59.580 Yes, it's going to be a lot of equity capital involved, but at the end of the day, in fact,

00:35:03.920 the OpenAI CFO got fired because she said the quiet part out loud over a year ago.

00:35:08.680 She said, you know, we're going to need government support and government guarantees

00:35:12.300 on a couple of trillion dollars of debt as we hyperscale into what?

00:35:18.060 oh wait for it data centers and data centers i can tell you right now the reason hustet's down

00:35:24.080 in a besides the fact he's a stiff and people in ohio can't pick him out of a police lineup

00:35:28.460 is data centers the reason i think mike rogers is you know data centers in michigan is going to be

00:35:34.740 huge the great tom tiffany the reason he's competitive is data centers the issue in wisconsin

00:35:39.660 data centers are the issue all over the country in fact you just had abbott who was king data

00:35:45.260 center said last week you know what we're gonna have a moratorium for a while we got to study this

00:35:49.700 we really got to review it because right now that governor's race unbelievably is competitive why

00:35:55.340 wait for it data centers the highly leveraged bet steve cortez is one of the most dangerous

00:36:01.580 things the united states has ever done as a nation and trust me so much has to go right to pull this

00:36:08.080 off and even if it's pulled off only the oligarchs are going to make out steve cortez the floor is

00:36:14.360 yours for your observations and analysis. Yeah, Steve, you're exactly correct that right now,

00:36:19.700 I think in some ways, things are almost as precarious as they were heading into the housing

00:36:23.660 crisis, the great financial crisis. And the reason I say that is because you're right,

00:36:26.940 this massive national bet on AI data centers and this binge of debt there is stacked on top

00:36:35.920 of an existing unsustainable national debt at the federal government level because of the COVID

00:36:40.600 panic and the ensuing inability, unwillingness to grapple with our level of spending, our

00:36:46.240 profligacy.

00:36:47.400 And the reality is capital crowd out is a real thing.

00:36:51.280 What do I mean by that?

00:36:52.180 It means that, look, the capital markets, particularly the debt capital markets, they

00:36:56.220 are the engine, they are the fuel, the lubricant of the economy.

00:36:59.940 That's the way the American economy has always grown as we've had such vibrant, fantastic

00:37:04.080 capital markets, especially on the debt side.

00:37:07.000 And right now, with the interest rates rising like this, those markets are starting to get crowded out, meaning because the hyperscalers are so massive and because the government is so massive of borrowing, there's almost no money left even for worthy borrowers.

00:37:20.760 Hence, what do we have?

00:37:21.980 We have people who already have lots of capital, who don't necessarily need to borrow that much, doing better and better while regular Americans continue to fall further and further behind.

00:37:30.460 I'm glad you mentioned the sports leagues because I think that's actually a great example.

00:37:33.640 Even if you don't care about sports at all, the point is, what do the sports leagues have?

00:37:36.840 What does the NBA have in every league?

00:37:38.820 It's a very scarce supply, right?

00:37:40.580 A limited, in fact, finite supply of teams that are generally considered to be very valuable.

00:37:46.240 Why did the Lakers sell for $12 billion, which, by the way, put $2 billion in the pocket of the prior owner for a year?

00:37:52.740 OK, he only owned the team for one year, pocketed $2 billion, a generational level of wealth that's unimaginable to most people. 0.97

00:37:59.840 But were the new buyers dumb? 0.96

00:38:01.720 Probably not in this inflationary environment. 0.95

00:38:03.720 Let me give you some other prices that I think will reflect what I'm talking about.

00:38:07.260 Why you think, for example, why do you think your trip to the grocery store is so expensive?

00:38:11.240 Well, one of the reasons is, let's look at farmland.

00:38:13.640 We just got USDA reports out.

00:38:15.640 Farmland right now, if you look at cropland, so actually crop buying land, $6,020 per acre.

00:38:21.960 That is the first time it has ever gone above $6,000 an acre.

00:38:26.000 It's been going up, by the way, now for five years in a row, all during the COVID panic.

00:38:29.680 Up 44% overall farmland is since the COVID panic.

00:38:33.520 Overall farmland, $4,500 an acre.

00:38:35.940 That's not just cropland.

00:38:37.000 That includes pasture land, which is less valuable.

00:38:39.900 But over $6,000 an acre for the first time ever.

00:38:43.320 At the same time, we've got gold right now above $4,600 an ounce.

00:38:47.120 Silver right around $70 an ounce.

00:38:49.540 Bitcoin right around $77,000.

00:38:52.780 10-year yield at 4.71.

00:38:54.760 So these are the tangible kitchen table realities that regular Americans have to face.

00:38:59.480 And if you don't own a lot of financial assets, you are not benefiting. You are only being hurt

00:39:04.340 by these increases in prices. And to bring this back to the hyperscalers and the data center and

00:39:09.700 the amount of debt that they're piling on right now, what I think a lot of Americans may not

00:39:13.460 realize is they hear Meta and Anthropic and all these companies, they think, well, these are

00:39:17.840 giants. They can sort of afford this. No, they don't have this kind of cash at this level of

00:39:22.060 investment. They are borrowing this money. And whether you know it or not, they are effectively

00:39:26.340 borrowing it in your name. Because just as Wall Street was doing the same thing with mortgages

00:39:30.480 in 08, 09, 07, 08, right now, Silicon Valley is doing it on the hyperscaler bet. And it's in your

00:39:37.380 name, whether you know it or not. And people seem to be waking up to this reality, Steve. I'll give

00:39:41.420 you a sneak peek. I've got a new poll coming out in Wisconsin. It's not yet public. Daily Signal

00:39:45.460 will be putting it out as soon as today. It might be any minute, as a matter of fact, released.

00:39:50.060 But I polled on hyperscalers. And I had polled on data centers there last year. And I was actually

00:39:55.900 surprised how positive people were a year ago in Wisconsin about data centers. I was already

00:40:01.340 starting to turn very skeptical. But when I polled it, and this is one of the reasons we poll,

00:40:05.700 is right, sometimes our assumptions are wrong, even those of us who think we're really astute

00:40:09.240 about where people are. But a year ago, Wisconsinites were quite positive on data

00:40:14.200 centers. Approval today in the poll that I'm about to release, 15%. 15% approval for data

00:40:21.720 centers among the good patriots of Wisconsin. And that's overall, by the way, among folks of

00:40:25.220 lower income single digit percentage even among trump voters steve and the white house keeps

00:40:30.380 touting data centers which i think is a mistake but even among trump voters in wisconsin only 20

00:40:35.820 approval for data centers in the badger state right now it's a collapse support for data centers has

00:40:41.920 collapsed and it's not just because it's a proxy yeah correct it's a proxy also on the tech oligarchs

00:40:49.900 it's a proxy they're fed up with this they're fed up with zuckerberg they're fed up with elma elon 0.99

00:40:54.340 they're fed up with all this crap of they're all bringing in h1b visa holders they're destroying

00:40:59.040 this new generation the data centers are and and the way they've done it with the tactics they've 1.00

00:41:04.240 done it they do and and it's a here's the bottom line it's a stone cold loser you can make all

00:41:11.200 kind of arguments theoretically it don't matter you're 70 some days away from a midterm election

00:41:15.660 data centers because it's this is putting ai on the ballot as i told people this is going to be

00:41:21.260 a campaign issue oh no it's not in in wisconsin the tom tiffany race which is all important

00:41:27.920 as a governor's race uh particularly for 28 and beyond how much is that is going to be as your

00:41:33.800 polling shows is going to be around data center sir oh huge and and because his opponent david

00:41:39.260 crowley uh who is the manager of milwaukee the president of milwaukee county has done a disastrous

00:41:44.880 job in that role of course uh he has been as pro data center as anybody could be so crowley the

00:41:50.360 Democrat nominee, has a lot of problems, but probably chief among them is his constant advocacy

00:41:55.340 for data centers and his constant advocacy for tech in general. You're exactly right, Steve.

00:42:00.760 The data center debate is turning into a much larger proxy fight because those of us on the

00:42:05.720 populist right, we're not against the idea of data centers. Of course, we realize that we need

00:42:10.020 them. Now, they need to be put in the right places, not in pristine, beautiful, natural environments.

00:42:14.400 You need to lavishly reward the local citizens for allowing them to go in there. The tech oligarchs

00:42:19.860 need to show an ounce of humility for once, right? And realize that, hey, we have to make a deal

00:42:24.260 with the American people. We can't just dictate our terms as we're used to doing in Silicon Valley.

00:42:30.240 So we're not wholly anti-data center. But the point is, it has become a proxy where the American

00:42:36.040 people are rendering a needed and justified verdict upon the oligarchs of big tech who have

00:42:41.660 been so abusive to this country. They censored us like crazy, especially during the COVID panic.

00:42:47.680 They have been systemically censoring right-wing speech for years and years.

00:42:52.900 On top of that insult, they then, to your point, they then import masses of foreign workers via H-1B and other worker programs to replace Americans, to push Americans out of the workforce. 0.85

00:43:05.220 And when you put all of those forces in totality, combined with their just incredible hubris, these are a lot of very unlikable, very cocky, arrogant figures. 0.67

00:43:13.680 people like Mr. Wonderful who show up on television and brag about wearing a $2 million watch

00:43:18.440 and then tell us how we're going to live our lives and tell us that we're going to ruin

00:43:22.900 pristine vistas in a place like Utah? No, Mr. Wonderful. You can take your $2 million watch

00:43:28.600 and shove it somewhere, okay? We have a say. This is our country. Tech is going to start hiring

00:43:34.000 American workers. They're going to stop censoring people on the right. We are going to demand that

00:43:39.340 We have accountability, and we have a piece of the pie regarding this massive bet that you are putting on in the American taxpayer's name.

00:43:49.220 Steve, hang on for one second. Short break.

00:43:55.320 Who you trust with your health care matters.

00:43:58.020 Too many companies have forgotten what customer service is supposed to look like.

00:44:02.440 That's why I appreciate businesses that still put people first.

00:44:06.500 All Family Pharmacy is a family-owned and operated, and it shows.

00:44:11.520 When you call, you can speak with a real member of their team,

00:44:14.740 including a licensed pharmacist, and get answers from people who actually care.

00:44:19.220 They offer more than 400 medications, and getting started is very simple.

00:44:23.940 Complete a secure online medical questionnaire.

00:44:26.360 A licensed physician reviews your information, and if appropriate,

00:44:30.460 writes your prescription.

00:44:32.000 Then your medication is shipped directly to your door.

00:44:35.860 If you're tired of big corporations and a health care system that treats you like a number,

00:44:40.340 it's worth taking a look at All Family Pharmacy.

00:44:42.840 Their focus on making the process straightforward and believe real customer service still matters.

00:44:49.260 Visit AllFamilyPharmacy.com, that's one word, AllFamilyPharmacy.com slash Bannon,

00:44:54.720 and use promo code Bannon10 to save 10% on your order.

00:44:58.860 That's AllFamilyPharmacy.com slash Bannon with code Bannon10.

00:45:03.740 This is family-owned, family-operated.

00:45:07.420 These people, Michael Kunzler and his team, are absolutely terrific.

00:45:09.880 Take advantage of this today.

00:45:12.240 Here's your host, Stephen K. Vann.

00:45:17.480 Folks, here's what we're doing.

00:45:18.980 We're talking Wisconsin now.

00:45:21.900 Cortez got a big poll.

00:45:23.160 The great Rob Bluey and the team over Daily Signal, it's not up yet.

00:45:25.820 It's going to be up.

00:45:26.620 And, Cortez, I'm going to bug you for maybe coming back tomorrow or Monday.

00:45:30.900 um to to this poll is very important okay but what's happening in wisconsin

00:45:35.800 uh neil mccabe is going to be with us about ohio okay now we got a data center issue there but

00:45:42.440 also you've got the haitians mccabe's got an entire report on the haitians in ohio which is

00:45:48.020 also we're going to go to michigan and what's happening in michigan so we're kind of taking

00:45:52.160 the uh the the um the all-important uh midwest today we're very important the blue wall right

00:45:58.820 The blue curtain that we pierced, and we must win.

00:46:02.860 And populist nationalists should be winning there.

00:46:05.320 Cortez, anything else on that?

00:46:06.740 I'm going to have you back on, obviously, about the capital markets and Besson's.

00:46:10.020 Besson's holding a press conference on Monday as scheduled about the economic war,

00:46:15.260 what he's going to do on the economic war in Iran as he kind of takes charge.

00:46:19.420 Also, in two weeks, they said that we're going to have basically a plan presented

00:46:25.380 by former contributors Russ Vogt and Scott Besson to the president of what's called

00:46:31.320 fiscal consolidation. How do you read that? Because they said it's both going to be on

00:46:35.720 the revenue side and the cost side. How do you read that, Cortez?

00:46:40.860 Well, listen, I'm very curious to see the details, but I know this, that if there are two guys who

00:46:46.020 can do it, it's Scott Besson and Russ Vogt who can try to thread the needle because that's what's

00:46:52.040 required right now because they're obviously going to get zero assistance from the from the

00:46:56.180 capitol hill side of things including the republicans but the point is one good thing about

00:47:00.580 all these headlines about 40 trillion even though obviously the legacy media is propagandizing about

00:47:05.260 it one good thing about these alarming headlines is i hope and and expect that it is a wake-up call

00:47:10.560 to regular americans and that they will connect that again to their reality to wait a second

00:47:14.880 my trip to the grocery store is too expensive cortez tells me farmland six thousand cropland

00:47:20.160 is $6,000 an acre for the first time ever, and the deficit's at $40 trillion.

00:47:24.360 Well, all of these levels are linked together, and they're making your life more difficult.

00:47:28.860 Now, we have answers, by the way, and one of the answers is that manufacturing finally

00:47:32.400 is exploding, and that's great news in this country, and I think we need to talk a lot

00:47:36.280 more about that.

00:47:36.840 And my credit card is more expensive.

00:47:40.680 My mortgage is going up, all of it.

00:47:42.400 But the answer, as we said at the beginning, was to make America a high-value-added manufacturing

00:47:49.760 hegemon. Once again, these are the forcing functions of tariff. These are the forcing

00:47:54.460 functions of the big, beautiful bill, the supply side tax cut. We're seeing it manifested. We've

00:48:00.680 had Navarro on here. We've had Besson on here. Cortez, we got a clip about Hyundai. Let's go

00:48:06.700 and play that and then you can talk about it. Foreign companies rush to move manufacturing

00:48:13.720 here to the United States. And this is a critical element of the broad, but unfortunately,

00:48:19.760 quiet manufacturing boom that is unfolding all across the United States. The latest news,

00:48:25.700 an exclusive interview at CNBC, the head of Hyundai, the Korean carmaker, says they're going

00:48:30.920 to massively increase their production in the state of Georgia. They're going from 500,000

00:48:35.460 vehicles per year to 800,000. They're investing a total of $26 billion in the United States.

00:48:43.800 They also say that they're going to go to 80% of all cars that are sold here being made here versus only 40% before Trump took office in 2024.

00:48:54.020 So doubling the percentage. Now, is this due to tariffs? Is it due to America First trade policy?

00:48:59.100 Well, in their own words, this is the CEO, quote, tariffs accelerate our localization plan.

00:49:05.900 That's very, very simple. It is simple. Trade tariffs work.

00:49:11.440 If you want access to the crown jewel consumer market of the world, you need to pay a reasonable entry fee.

00:49:17.020 One way to avoid it, make your products here.

00:49:20.220 Spend your money in America on American workers, American plants, American real estate.

00:49:25.420 That's what Hyundai is doing.

00:49:26.780 It's what lots of big companies are doing.

00:49:28.560 It's a huge America first trade win.

00:49:33.900 Let me duly note, South Korea is like a real ally.

00:49:38.080 They fought with us in Vietnam.

00:49:39.600 They've always been with us.

00:49:40.500 Now they've got a CCP-aligned government.

00:49:42.740 We've got to work on that.

00:49:43.800 They've got Ambassador Tan over there illegally in jail.

00:49:47.360 We've got to work on that.

00:49:48.620 But they're an ally, okay?

00:49:50.560 You see it right there.

00:49:51.660 And just repeat what the CEO said.

00:49:54.780 This is, and you'll never see that on MSNBC or CNBC.

00:49:58.120 Repeat what the CEO said.

00:50:00.120 Yeah, here, I have it precisely.

00:50:01.660 Glad you asked.

00:50:02.260 This is, quote, terrorists accelerate our localization plans.

00:50:07.220 That's very, very simple.

00:50:10.000 That is the CEO of Hyundai, a massive conglomerate Korean carmaker.

00:50:15.100 Tariffs accelerate our localization plans.

00:50:17.640 So he put it as, and by the way, he's right.

00:50:19.240 It is actually very, very simple.

00:50:21.100 By the way, Korea, to their credit, is one of the most protectionist nations in the world.

00:50:25.100 They protect their industries.

00:50:27.240 Now that we are using some of their tactics, they're saying, ooh, we better increase our production in the United States.

00:50:32.200 Massively so.

00:50:33.300 What a huge win for the state of Georgia.

00:50:35.460 I hope it helps Collins in that election there.

00:50:37.440 What a win for the United States. 0.99

00:50:39.280 yeah by the way and president trump's right when he says hey the koreans are very tough 0.92

00:50:45.340 to get a trade deal with their hammers are tough folks right they they've had a lot of tough

00:50:50.500 experiences over the last couple of hundred years they know and they're going to protect their

00:50:54.200 industries but yeah go ahead to connect this back to the deficit issue okay here's here's the steve

00:51:00.560 cortez plan big picture how can we actually make 40 trillion dollars manageable it's not easy

00:51:04.640 but i will tell you this two key components will be number one continued offshoring right the more

00:51:09.200 we get high value manufacturing in this country, the better fiscal situation we end up in. Make

00:51:14.700 them invest here, the forcing function. It's already working. It can accelerate from here.

00:51:19.440 So that's number one. Number two, and they're related, right? They're both about protecting

00:51:22.880 our homeland, our industries, our sovereignty. The second aspect, the more we get illegals out 0.97

00:51:27.440 of this country, raises the pay of American citizens, reduces the massive stress on our 1.00

00:51:32.880 budget because so many legal and illegal foreigners are getting our benefits. So to me, those are two 1.00

00:51:38.520 critical elements to trying to get the debt to a manageable place. Continue the onshoring. So

00:51:43.900 onshore the industries, offshore the illegals, and offshore even the legal workers via legal

00:51:50.100 worker visas into this country. Those would be critical elements of getting control of our debt.

00:51:56.300 Okay. Where do people go for all the content, particularly the Wisconsin poll, all the films

00:52:02.360 you're putting up, the Hyundai film, where do they go for all of it? Yeah, please go to

00:52:06.700 cortesinvestigates.com and you can also go to my social media my twitter is at cortes steve

00:52:11.460 cortez with an s at the end thank you steve thank you brother appreciate you taking this one

00:52:16.620 we're going to talk about ohio with neil mccabe we're going to go to michigan we've got one of

00:52:23.900 the sheriffs up there who's been on the show many times before to talk about this situation in

00:52:28.480 michigan we're going to talk more about capital markets um gold's a 46 today it's not the daily

00:52:35.700 price it's the convergence of forces that drive the price and make gold a hedge against times of

00:52:41.940 financial turbulence you're in a fourth turning folks of course it's going to be turbulence

00:52:48.420 let's do it the easy way first take your phone and text bannon b-a-n-n-o-n at 989898 you get

00:52:54.340 the ultimate guide for investing in gold and precious metals in the age of trump they talk

00:53:00.260 Talk about all the tax-deferred ways of 401ks, IRAs, all of that.

00:53:04.540 But you get access to Philip Patrick and his team, and you do it today.

00:53:08.940 Short break.

00:53:10.000 Back for the second hour in a moment.

00:53:11.220 It feels like our country finally has momentum again,

00:53:14.660 with our leaders fighting to restore common sense in America first.

00:53:20.140 But we've seen this before.

00:53:21.420 Conservatives get comfortable, and the left starts taking background inch by inch.

00:53:26.320 We cannot let that happen in these midterms.

00:53:29.720 America needs every one of us in the fight,

00:53:32.100 and a big part of that means supporting companies that actually stand for our values.

00:53:36.780 That's why I'm proud to partner with Patriot Mobile.

00:53:40.280 Patriot Mobile gives you premium priority nationwide service on any of the three major U.S. networks,

00:53:46.120 so you get the coverage you need, plus unlimited data plans, mobile hotspots,

00:53:51.420 international roaming, and 100% U.S.-based customer support.

00:53:55.920 Switching is easy.

00:53:56.920 Keep your phone, keep your number, and activate in minutes.

00:54:01.920 But Patriot Mobile is so much more than a great wireless service.

00:54:06.200 They've built a growing movement of America's defending faith, family, freedom, and the future of this country

00:54:12.460 by donating millions every year to organizations fighting for our freedoms.

00:54:18.520 Go to patriotmobile.com slash Bannon or call 972-PATRIOT.

00:54:23.600 Use promo code Bannon for a free month of service.

00:54:27.700 That's patriotmobile.com slash Bannon or call 972-PATRIOT to make the switch today.

Bannon's War Room - August 21, 2026

Episode 5606： The Economy And Data Centers Are On The Ballot In November

Episode Stats

Transcript