Bannon's War Room - August 26, 2026


Episode 5617: Civil War Between Establishment Republicans And Populism


Episode Stats


Length

54 minutes

Words per minute

170.08

Word count

9,267

Sentence count

472

Harmful content

Misogyny

6

sentences flagged

Toxicity

11

sentences flagged

Hate speech

28

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 .
00:00:00.000 They just agreed to settle with 49 of the A.G. states.
00:00:04.300 It's really important because it's for an amount that I think is very reasonable, 12.6 billion.
00:00:09.740 It's 7 percent we're going to have to be paid now.
00:00:12.000 It's funny because the law fees are almost bigger.
00:00:15.440 So I'm sorry, what is the number?
00:00:17.080 12.6 billion.
00:00:18.620 That's for all that.
00:00:19.660 And this settles the litigation with all states?
00:00:22.080 No, it's still there's still Florida because there's an ongoing lawsuit.
00:00:27.560 But this is the California case.
00:00:29.500 This is the California case that was in court not long ago.
00:00:32.700 We talked to Rob Bonta, the AG, about it last week, I think.
00:00:35.380 Yeah, there's been two weeks.
00:00:36.200 It's been two weeks of trial.
00:00:37.200 I thought that the trial was not going well for Meta.
00:00:41.080 But it looks like that the states are willing to settle.
00:00:44.100 The states, this is a really important call because the states have unlimited firepower.
00:00:47.500 And there was a $1.5 trillion number floating around.
00:00:51.820 I don't think anyone really knew it was going to be more than $200 billion.
00:00:54.660 But this is substantial.
00:00:55.960 Now, Meta's been, you know, people don't really care for Meta stock.
00:00:58.740 and I understand that. It's been the worst performer of all these. But I would say that
00:01:03.720 this is a much better deal than anyone thought. There's a possibility that it could be as high
00:01:07.520 as 18. Now, there's also TikTok's involved. They haven't settled yet. YouTube hasn't settled yet.
00:01:13.400 But the out-of-pocket exposure on a 10-year basis of $12.6 billion, it's a rounding.
00:01:20.240 Yeah. Although some of the AGs were saying that it wasn't so much about the damages as it wasn't
00:01:25.600 about the remedies. Do we know anything about that? The remedies are well within, it could
00:01:30.240 impact maybe a percent of Meta because it has to do with how much time kids spend. And kids do not
00:01:36.860 spend a long time on Meta. They do spend on Insta, Facebook. They do spend more on YouTube.
00:01:43.360 They do spend more on TikTok. So it's probably going to be more impactful for those. The fact
00:01:47.380 that the stock is only up 3% is fanciful because this is probably the biggest existential threat
00:01:52.340 that they faced. And I don't think anyone thought 12.6. So some people still sounds like a lot of
00:01:59.460 money, although in comparison to what they're spending on CapEx, certainly not. And even in
00:02:04.860 a given year, it's your point over a 10 year period reading from the filing here in the court
00:02:09.040 proposed consent judgment, including the underlying settlement agreement is made part of the consent
00:02:14.500 judgment. They say it's substantively fair and reasonable. Jim, they go on to say the relief
00:02:20.500 provided is substantial, directly addresses the violations alleged by plaintiffs. They've
00:02:26.040 entered the proposed consent judgment. They say it would fully resolve the state law and COPPA
00:02:31.380 claims alleged by the plaintiffs. Yes. Now, what's interesting to me is so people can put
00:02:35.580 things in perspective. They have a $10 billion legal fee they have to pay now. They already
00:02:40.260 reserved $3 billion for it. So the legal fee, if you do it on present value, is actually higher
00:02:45.240 than what they're going to owe the states.
00:02:49.000 Wow, their lawyers are going to make $10 billion?
00:02:51.920 Is that what you're telling me?
00:02:52.920 That's what I'm telling you.
00:02:54.900 So that's the game to be in.
00:02:56.040 That's Porsche money.
00:02:57.620 That's a lot of money.
00:02:59.380 Yeah, it's a lot of money, but, you know.
00:03:00.960 Before we go, I want to read a passage from the statement
00:03:05.280 that was released by A.G. Rob Bonta, Yale alumni,
00:03:09.120 outlining some of the reforms as part of the settlement.
00:03:11.620 Here we go.
00:03:12.480 Today's settlement includes default daily time limits on social media and a block on overnight use that can only be lifted by a parent enhanced parent parental supervision tools.
00:03:24.180 Robust age assurance measures to detect users under the age of 18 and children under 13 that are on the platform and the appointment of an independent auditor to oversee compliance.
00:03:34.940 That is a portion from Rob Bonta's statement.
00:03:37.280 wednesday 26 august year of our lord 2026 we're going to get uh in back of this uh meta settlement
00:03:47.920 uh i think the reason the legal fees are 10 billion uh and the settlement looks like it's
00:03:54.280 only i don't know 12 to 15 billion is that the they thought the lawyers this is going to be much
00:03:59.320 more egregious at least the way we were looking at this is that meta was kind of on the ropes so
00:04:05.840 we're going to break this down joe allen's going to be with us in the uh in the second hour uh we're
00:04:10.760 going to break this down uh at first glance i'm not feeling it uh i think this is a cave
00:04:17.200 by the at least some of the state ags um i don't know if the parents are this settles with the
00:04:23.740 parents or not but um they had zuckerberg i think they had zuckerberg on the ropes this way zuckerberg
00:04:29.760 was going to have a uh it was going to have a legal field 10 billion dollars anyway we'll get
00:04:33.620 into that um do i have mike davis up yes mike davis joins us the vice rory uh mike i know um
00:04:40.740 you and rachel bovard you guys started with uh with uh going against these giants i realized
00:04:47.580 this just came out any any first cut thought i've got you on here for a totally different reason
00:04:52.660 but this just broke any uh first thoughts i don't understand why the state ags are doing a settlement
00:04:58.120 here i mean this was one of the suits uh that had been worked on for years that was going to be a
00:05:03.180 essentially an existential threat, as Jim Cramer said, an existential threat to Facebook and to
00:05:08.780 Mark Zuckerberg. This seems like a very light settlement, sir. Yeah, like you said, Rachel
00:05:15.780 Bofar and I started the Internet Accountability Project many years ago as the first group on the
00:05:22.060 right to take on the trillion-dollar big tech monopolist Google, Amazon, Facebook, and Apple
00:05:27.220 on antitrust, Section 230, data privacy, safety.
00:05:35.280 What Meta has been doing to kids is unacceptable.
00:05:39.340 They intentionally get these young kids hooked on Facebook, hooked on Instagram, and then
00:05:47.960 intentionally feed them harmful content through the algorithms that is so destructive to kids.
00:05:57.220 I don't know why you'd want to settle these things.
00:06:00.720 I need to look at the settlements by the state AGs,
00:06:05.100 but this was not the time. 0.99
00:06:06.860 When you have a rat cornered, you shoot it.
00:06:10.100 So to be determined after I read the settlements,
00:06:14.300 but I don't know why you would settle this.
00:06:15.940 I just want to say something.
00:06:17.880 You and Rachel Bovard,
00:06:19.820 one of the reasons these are popping up is you and Rachel Bovard were brave
00:06:23.760 enough years ago on the right to take this on and say, hey, we're just not going to let these
00:06:28.080 oligarchs throw campaign donations to people and sign off on it. You guys really moved the needle.
00:06:34.800 We've had Zuckerberg cornered a couple of times and he keeps slipping away. This $16, $12 billion,
00:06:42.320 $16 billion, this is tip money for this guy. You can tell the stock's not getting hammered. I think
00:06:47.220 the stock is actually up because people think this is a good settlement. Anyway, I'll make sure you
00:06:51.880 read it we'll talk later but just overall you know the antitrust we had we've had uh we've had
00:06:57.900 these tech guys at the beginning of the trump second term we we had them where we wanted them
00:07:03.280 they slipped away now this they're you know this settlement with the attorney generals we got to go
00:07:08.960 through it make sure we understand it but when jim kramer's sitting there going hey this looks
00:07:14.580 like a light settlement it was the next this this one was existential and they looked like they got
00:07:18.500 away so we'll find out more about it later but let me say this really fast yeah go ahead sure
00:07:24.720 let me just quickly commend my friend the friend of the show ftc chairman andrew ferguson he really
00:07:31.900 put his neck on the line to take meta to trial early on in the administration he is an all-star
00:07:39.080 in trump's administration he's helping with the welfare fraud task force fraud task force he's
00:07:46.760 as his night job. He runs the FTC as the chairman during the day. This guy's an all-star,
00:07:54.060 so I want to commend him. He's a former colleague of mine on the Supreme Court, a former colleague
00:07:58.680 of mine on the Senate Judiciary Committee, and he's the antitrust all-star who has been
00:08:04.920 holding these big tech platforms accountable, particularly Meta.
00:08:12.200 Unbelievable. Yeah, one of the great ones. Mike, let's pivot now. You had a called shot
00:08:16.660 yesterday you said hey don't be breaking out the champagne because you're gonna they're gonna run 0.80
00:08:22.100 back right back to court and get another left-wing judge uh to to shut this down on the mail-in
00:08:27.620 ballots can we anticipate that this is just going to be a grind on the mail-in ballots because they
00:08:32.780 did it yesterday and that in all likelihood we're not going to get what you and and war room uh
00:08:40.360 believe needs to be done to stop the abuses of the mail-in ballots because i guess the regulations
00:08:44.680 The regulations are going to come out this afternoon, I think, from the Postal Service.
00:08:48.720 Your thoughts, sir?
00:08:50.440 Well, the same left-wing radical Obama judge in Boston who just got her injunction lifted 6-3 by the Supreme Court just issued another – she said that the Trump Justice Department, the Trump administration, has violated her order.
00:09:07.340 And she thinks that they should be held in contempt. And so the Democrats are not going to go away on this, because the Democrats, as we talked about yesterday, Steve, their entire playbook, their entire business plan is to mass import illegal aliens, particularly Islamists and other third worlders who hate America.
00:09:32.040 this red and green alliance the communist marxist teaming up with the islamist to destroy america 0.92
00:09:40.420 they want to give them as much welfare as possible turn a blind eye to their welfare fraud 0.99
00:09:48.480 to their other fraud their medicaid fraud their crime and make it very easy for these islamist 0.96
00:09:55.560 and other third worlders to vote in our elections that democrats oppose the save america act 0.99
00:10:01.580 which has the support of 80 percent of americans including a super majority of democrats 0.91
00:10:06.660 minorities black americans who democrats pretend aren't smart enough to get a voter id like
00:10:11.980 everyone else but we all know the real reason democrats have a new constituency and it's not 0.98
00:10:17.480 americans their new constituency is non-citizens particularly uh islamist third worlders marxist
00:10:26.060 communist people who hate america and have no intention of coming here to assimilate it's not 0.94
00:10:31.840 like our ancestors our mic ancestors steve the irish people the italian people other uh other
00:10:38.960 immigrants who come here and there's a melting pot and they assimilate these islamist these other 0.96
00:10:44.440 third world worlders are making it very clear they they have no intention of assimilating they 1.00
00:10:49.520 have no intention of becoming one of us they have every intention of conquering us like the islamist 1.00
00:10:55.960 have done for what since for the last 700 years so uh it's it's amazing that democrats are so 0.85
00:11:05.580 craven for power so craven for money that they're willing to destroy our country maybe that's maybe
00:11:12.120 that's the added benefit for these today's democrats today's marx is because they hate 0.97
00:11:15.700 america so they're going to team up with the islamist and other third worlders to destroy us 0.84
00:11:20.760 it's a natural evolution do you see practically anyway this this restrictions coming from the 0.99
00:11:28.160 post office on mail-in ballots the mail-in ballots i think in wisconsin i think it is in a couple of
00:11:34.180 weeks is like second week third week of september do you see any because they're just going to
00:11:39.020 continue to go back to court it'll go to appellate court supreme court but the democrats understand
00:11:43.920 that this is existential to them do you see any way out of this for us for people want to have
00:11:49.380 I think that it's time for the Trump Justice Department, the Trump DHS, the Postal Service to ignore this Judge Tawani or whatever her name is, this goofball left wing radical Obama judge in Boston.
00:12:04.440 She just got slapped down by the Supreme Court on her injunction.
00:12:08.880 And then she's saying that the Trump administration is going to be in contempt after the Supreme Court just ruled.
00:12:15.440 She's the one who is lawless.
00:12:17.520 She's the one who is not following the law. Just ignore her. Move forward with your plan. And if there are real plaintiffs who have real injury, they have standing to sue.
00:12:30.820 These governors, these 23 Democrat governors that the D.C. Democrat mayor do not have standing to sue as the Supreme Court just ruled in their emergency docket because they're not injured parties.
00:12:42.280 They don't have injury. In fact, they don't have Article 3 standing, which is required to go into federal court under our U.S. Constitution.
00:12:49.120 This is a lawless order by this lawless Obama judge. 1.00
00:12:53.640 She's trying to run out the clock because she's a Democrat operative who wants to make it very easy for illegals to illegally vote in the midterm elections. 1.00
00:13:04.520 Ignore her.
00:13:07.120 Mike Davis, where do we go to follow you on Article 3 and also the social media of the vice-wiring?
00:13:12.920 article three project.org article number three project.org uh donate what but only what you can
00:13:20.240 afford follow us on social media the war room posse superpower as always action action action
00:13:27.520 and thank you steve mike you've had pretty good calls on this so far so now you're telling todd
00:13:34.300 and the crew over justice she's a federal judge just ignore it go about your work let's go ahead
00:13:40.640 and press for it. Put the regulations out from Postal Service today, and let's see how it plays
00:13:45.420 out. I love it. The Vice Roy. Thank you, Mike Davis, for joining us. Kick us off on a Wednesday.
00:13:52.140 That's how serious it's going to get. This is, I think, I don't know, maybe a national security
00:13:57.320 emergency order. I think the predicate's being laid every day. The Save America Act's not going
00:14:02.700 to be done. Okay, Dolly Parton is going to take us out in every segment. 1.00
00:14:10.640 Dolly Parton died yesterday at 80 years old an American icon we did a special
00:14:17.260 last night want to thank the team for doing that Dolly Parton will take us out
00:14:21.600 Jeff Stein is gonna bring us back we're gonna talk about the economic numbers
00:14:26.820 and we are going to talk about this cross the shot across the bow to Scott
00:14:32.960 Bessent from his former mentor. All next in the war room.
00:14:36.080 So it patches on my britches, holes in both my shoes, in my coat of many colors, but I
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00:16:12.840 And voters, Neil, let me ask you quickly about inflation for a moment.
00:16:16.280 Data out this morning is showing it is still an issue.
00:16:18.940 Higher than the Federal Reserve would like it to be.
00:16:21.400 If you look at where interest rates are, despite what Scott Fesson is trying to do,
00:16:25.100 the market is saying, uh-uh, things don't look great.
00:16:27.780 Yeah, we really seem to be settled in around 3% inflation, well above the 2% the Fed targets.
00:16:32.580 And keep in mind, that's 3% inflation over and above the inflation of the last five years.
00:16:36.360 So, you know, when people say they're unhappy with the cost of living, with affordability, that's what they're talking about, the cumulative inflation over the last five years.
00:16:43.940 And there's just not the credibility right now that it's coming down to two like the Fed wants.
00:16:48.140 Kevin Warsh is speaking on Friday in Jackson Hole.
00:16:50.000 I'm heading there tomorrow.
00:16:51.100 We'll see what he has to say about the direction of policy going forward, whether they're going to do something more aggressive to try and bring inflation back to their target.
00:16:57.840 Now, once again, I agree with everything you said.
00:16:59.760 But what we just saw in the CPE data, the core data, is up 3.7 percent.
00:17:07.260 I would round that up a lot closer to four than to three.
00:17:09.860 This is twice what the Fed's target is.
00:17:12.020 So this is not good data.
00:17:13.540 The inflation is really there.
00:17:15.660 And there are some who expect it maybe would be even worse than that.
00:17:18.560 But this is a genuine concern.
00:17:21.640 And the consumer good prices are going up.
00:17:24.180 We know that oil is going up, and we know that Putin's behind it all.
00:17:28.460 That's a whole other story.
00:17:31.980 Okay, welcome back.
00:17:33.560 The number, it shows it's a little sticky.
00:17:37.720 Also, the GDP number, I think more concerning, the GDP number came out.
00:17:41.020 I think it's 1.1%.
00:17:43.020 Jeff Stein joins us from News of the United States, Notice.
00:17:49.420 Jeff was at the Washington Post, just shifted over to Notice.
00:17:51.980 um jeff i want to get into the story you broke yesterday uh about uh scott besant's mentor
00:18:00.540 kind of put a shot across his bow on his theory of all tools in the toolbox to kind of work the
00:18:07.860 national debt and to kind of keep uh the uh the cost of that to the treasure as low as possible
00:18:13.700 uh stanley a drunken middle didn't appreciate that you broke the story that he wrote it with
00:18:18.540 artificial intelligence of which he admitted and the wall street journal printed it uh but i want
00:18:24.460 to go just your sense these numbers uh they're not coming down i mean uh the 3.7 and there is
00:18:31.560 some good news in this but it just shows you that the cumulative effect of biden now you're going to
00:18:37.540 have this run rate kind of around three percent i think the more disturbing thing is the gdp number
00:18:43.140 at one just over one percent because scott's theory of the case is we're going to grow our
00:18:47.660 way out of here and you had, I don't know, three and four percent growth in the second half of
00:18:53.160 last year. Your observations on this? Yeah, I mean, I think the general sluggishness and the
00:19:02.480 high prices, it's setting up for, I think, a real sort of potential internal civil war in the
00:19:10.000 Republican Party in a few months here about what happened and why. You know, the president has been
00:19:16.400 very clear that these tariffs are, you know, an attempt in part to sort of restructure the
00:19:24.080 fundamental balance of the economy. And he said, you know, if we have to endorse some short-term
00:19:28.860 pain on growth or on inflation, then that's kind of what we have to do to bring jobs and
00:19:33.520 manufacturing back. But even if you believe that, if it leads to sort of huge losses for
00:19:41.820 republican party in november there's going to be a lot of people uh the enemies of steve bannon if
00:19:47.660 you will who will come out and say you know this is what we were telling you guys the whole time
00:19:52.500 that that the tariffs and the industrial policy and all the stuff on rebuilding the american
00:19:57.040 heartland this stuff just can't work and we need to go back to bush mccain reagan etc etc etc kind
00:20:04.640 of economics and to me that's one of the sort of key political dimensions in that you see sort of
00:20:11.460 the growth and inflation numbers, that it challenges the narrative.
00:20:17.140 And there might be perfectly plausible defenses of why those are compatible with a sort of
00:20:23.220 more aggressive industrial strategy, but I think it is a short-term, at a minimum, political
00:20:28.200 problem for that faction of the party.
00:20:32.260 Jeff, let's add it in.
00:20:34.080 There's no doubt there's going to be a civil war about the direction, and it's going to
00:20:38.060 go back to the same neoliberal neocon philosophies that kind of got us here are you going to try to
00:20:43.020 have a a massive use these forcing functions for a massive re-industrialization of the country and
00:20:48.820 to really get us back to becoming a manufacturing hegemon a key element of that is is the debt and
00:20:56.300 the deficits and tell us about this story yesterday because this all if you add the inflation if you
00:21:02.620 add the growth, if you then add the debt and deficit part of it, you then have kind of what's
00:21:08.780 going to be the debate inside the Republican Party for how we go forward. Talk about this
00:21:14.240 story yesterday. You noticed something, you know, it was kind of extraordinary. And I think Scott
00:21:19.240 was caught a little bit by surprise that his mentor would put a shot across his bow on his
00:21:24.920 theory of all tools in the toolbox I'm going to use to try to manage the cost of financing and
00:21:30.800 refinancing this debt. Drunken Mill put it out. You were the only person that realized immediately
00:21:37.200 that this was written by artificial intelligence. How did you know that? Because nobody else picked
00:21:43.160 it up. If you are as internet brain poison pilled as I am, and you spend as much time on Twitter as
00:21:51.960 I do, which is not something I'd recommend to any of your viewers, you get a sense of what is written
00:21:59.540 by AI, and you can sort of see the recursive patterns of speech that AI likes to use, and
00:22:07.380 there's a few telltale signs. I wasn't the only one, I'll say, to notice that the Druckenmiller
00:22:14.180 op-ed had laced through it, really from the beginning to the end of the op-ed, the sort
00:22:19.920 of language that AI likes to write in, and it's this, it's not just the use of em dashes,
00:22:25.680 it's the sort of sentence construction that is replicated across different AI models and become
00:22:32.700 sort of easy to spot once you see people using it enough. But I was the only reporter to say,
00:22:38.700 hey, I have this guy's number. I'm going to call him and say, did you write this with AI? And I
00:22:42.920 don't know if the Wall Street Journal asked, but if it was obvious to me, I'd be shocked if it
00:22:47.980 wasn't obvious to them. And I think even more surprising in some ways than the fact that
00:22:52.580 Drunken Miller used AI to write this was that the Wall Street Journal then came out
00:22:56.260 and said yesterday, we're actually okay with this. We think that it's his opinion. He may
00:23:04.360 have gotten the language from AI, but he's standing behind it. And so what if he used the tool? It's
00:23:12.160 like the way Drunken Miller put it to me is like, I use a calculator to do math problems. So why
00:23:17.900 shouldn't I use in AI to do writing? And that set off a really big debate, which really had nothing
00:23:24.760 to do in some ways with the bond market or Besant or the treasury intervention, et cetera, et cetera,
00:23:30.360 et cetera, but captured sort of this fundamental question of when is it going to be okay to use
00:23:37.320 AI? There is kind of an interesting resonance with the macroeconomic debate because I don't
00:23:42.880 know if you've talked to Besant about this, but what some of the Trump people think is that
00:23:46.560 the problems we're seeing in the bond market are really just a function or sort of a positive
00:23:50.840 story that that growth is so strong and that demand for capital is so high in the American
00:23:56.540 economy that even if we don't see it quite yet in the GDP numbers, the investment numbers are still
00:24:00.840 so strong. And that's really draining capital markets of the liquidity they need to bring
00:24:07.320 down bond yields. And so there's a way in which like this debate comes full circle.
00:24:11.920 what i was shocked that the walsh journal would say that we're okay with it particularly when
00:24:19.560 they didn't notify people if they notify people i think it'd be a little different let's go to
00:24:23.260 the heart of it though as i read this his the crux of the argument was you've got to let natural
00:24:30.300 forces here because this is all about the deficits and you got to cut spending either raise revenue
00:24:34.400 or cut spending but particularly cut spending i mean that was the heart of what he was saying
00:24:37.860 right is that's that's also scott besant now with russ vote is going to do this fiscal
00:24:43.080 consolidation we're going to get this report to the president in a week or two but this is not
00:24:48.520 really the secretary that's really a capitol hill issue isn't it i mean was was a drunken miller's
00:24:54.320 did he really take aim at the right person with his with the the central heart of what he was
00:24:59.260 talking about you know i'm glad you brought up that uh that report that's uh coming from besant
00:25:07.180 and vote, for people who are not aware, they've said that they're going to identify, I think they
00:25:12.600 said, hundreds of billions of dollars in cuts. This would sort of fulfill what Druckenmiller
00:25:17.760 was talking about, about if you cut government spending, then the yippies we've seen, or the
00:25:24.060 yips, as the president put it, in the bond market will sort of ease, because then there will be
00:25:28.680 less debt being issued by the federal government. I think, to put it mildly, there's some skepticism
00:25:35.200 in Washington after everything that Elon Musk and the president promised last year in terms of
00:25:40.100 federal spending cuts, that anything will materialize on the order of something that
00:25:44.540 will be commensurate with affecting the bond market. You know, Elon and the president were
00:25:51.160 saying they were going to find trillions of dollars of cuts. And as far as we can tell,
00:25:54.460 that never materialized. Now, vote, I think, has a much better and more nuanced understanding of
00:26:00.320 sort of federal appropriations law and how to find parts in the federal government to cut.
00:26:05.920 But the experience of last year, I think, gives us a bit of skepticism that there's any reason
00:26:09.860 to believe that's imminent. Maybe they'll find things and identify things to do. I mean,
00:26:14.560 the alternative, and this is I've been trying to call sources and figure out what's actually
00:26:18.180 happening, is, you know, J.D. Vance has a anti-fraud task force. And, you know, it would
00:26:26.440 be a massive controversy, but there is a world in which they go around and say, we are cutting off
00:26:32.860 blue states from these payments, from these programs because of alleged fraud that we found
00:26:39.180 in SNAP or Medicaid or whatever. There is maybe a path there to getting substantial spending cuts,
00:26:47.100 but as you're saying, otherwise, this is just going to go back to Congress and there's no,
00:26:51.240 just as well as I do, that there's no real appetite for major, major, major spending cuts
00:26:57.220 on the level of what they're talking about to affect the bond market that Druckenmiller was
00:27:03.020 calling necessary. But I haven't heard Besson's response. I don't think he's talked publicly
00:27:09.820 about that op-ed. But I think Druckenmiller's point here is what Treasury is doing may kind of
00:27:15.520 help suppress yields in the short term. But in terms of dealing with the structural problem,
00:27:21.240 And they're just kicking the can down the road.
00:27:22.960 And if you're Besson, maybe you're like, whatever, like we just have to get through November and then we'll deal with it later.
00:27:28.200 Yeah.
00:27:29.900 Jeff, hang on for one second.
00:27:31.200 I just want to hold you briefly to the break because I want to talk about this civil war, about economic policy between the neoliberals, the McCain and really the Reagan kind of Thatcher school.
00:27:42.960 Larry Kudlow, Steve Moore, Arthur Laffer and people that are more populist, nationalistic, because it's all going to be part of a piece.
00:27:51.240 Jeff Stein is with us, and we've got David Barton.
00:27:56.560 He's going to join us about his efforts in Texas and throughout the nation.
00:28:01.140 Short commercial break. Back in the war room in a moment.
00:28:10.880 As President Trump continues to fight for this great country,
00:28:14.400 one of his most important actions could soon impact the wealth of millions of hardworking Americans like you.
00:28:21.240 Of course, you won't hear about this in the mainstream media or on the nightly news.
00:28:26.520 They'll never admit Trump was right about anything.
00:28:29.940 But according to my dear friend and frequent war room guest, Jim Rickards, President Trump has a plan that could unlock an estimated two point seven trillion dollars in American resources,
00:28:40.320 creating opportunities that many investors may not even realize exist.
00:28:45.740 Jim recently put together a new presentation explaining what he believes is happening,
00:28:50.440 why it matters, and what Americans should be watching right now.
00:28:54.080 To get the full story, go to RickardsWarRoom.com.
00:28:58.320 That's RickardsWarRoom.com and watch Jim's free presentation.
00:29:02.920 Again, that's RickardsWarRoom.com.
00:29:05.620 That's RickardsWarRoom.com to learn more about this $2.7 trillion in American resources
00:29:14.320 that President Trump is creating a massive opportunity.
00:29:18.120 Go check it out today, RickardsWarRoom.com.
00:29:20.540 War Room. Here's your host, Stephen K. Mann.
00:29:27.040 Jeff Stein had a piece yesterday.
00:29:29.180 Talk to me, give me a minute or two about this upcoming civil war you see.
00:29:33.100 I just wanted to add the debt piece because this is central about having to cut federal spending
00:29:37.740 and really have the stones to be able to do it.
00:29:39.960 You had a piece yesterday. Steve Moore, a guy that I like personally a lot but totally disagree with his economic philosophy, said that if you don't embrace Reagan and Thatcher, you're not going to be a force or a candidate in the Republican Party going forward.
00:29:55.880 You see a civil war brewing between the populist nationalist economics and the neoliberal neocon that we've had for decade after decade after decade, sir?
00:30:06.000 I mean, I think the core thing is that all these guys that used to run the party who were hired by Romney and McCain and those guys, they have kind of been they didn't quite go away.
00:30:19.960 You know, some of them, you know, adopted a Trump, some of them became never Trump Republicans, but they're still kind of around.
00:30:27.620 And they've been waiting for their chance for 10 years for Trump to exit and for them to have a return over the party that they once felt in control of.
00:30:37.860 And Vance has made very clear in the last few weeks on his book tour and some campaign stops that he is not going to be on board, at least rhetorically, with going back to the way things were pre-Trump.
00:30:49.440 Vance is going out and saying, you know, I don't like or he criticized Milton Friedman and Margaret Thatcher and the Wall Street Journal editorial board and has been saying things about the dollar and trade and industrial policy that are even further away from the old Reaganite wing than Trump was.
00:31:04.940 And so those that crowd, that never Trump crowd, but coupled with some Trumpers who were kind of gritting their teeth and bearing tariffs and sort of like Trump economic stuff that was distinct from Reagan, are, I think, really gearing up, according to my reporting, to sort of have a showdown in 2028 to try to get their party back as they see it.
00:31:24.880 jeff where can we go to get your reporting now and social media all your coordinates uh you broke
00:31:32.100 the big story yesterday about this shot from stanley drunken mail being written in ai of course
00:31:37.100 the wall street journal wouldn't take your call but later said hey no big deal so i guess they'll
00:31:41.700 be flooded with ai op-eds uh now i hope they identify them so people know if it's really a
00:31:46.480 human writing it even a historic hedge fund manager like stan or uh just another machine
00:31:53.040 your coordinates sir where people go j stein underscore notice on twitter uh and yeah find me
00:31:59.680 there that's me thank you sir great report appreciate you we'll spend a lot more time
00:32:06.000 we're gonna spend a lot more time on this economic civil war okay um christian nationalism
00:32:12.040 they're in full meltdown hair on fire on msnbc cnn a new congressman huff a congressman from
00:32:18.580 California Huffman's got a book on the rise of Christian nationalism.
00:32:22.640 David Barton is our guest.
00:32:24.100 Let's play a cold open for David and see his observations and response. 0.92
00:32:29.480 Is Christian nationalism America's most dangerous political movement? 1.00
00:32:34.120 That's the case. 0.99
00:32:35.160 Democratic Congressman Jared Huffman is making in his new book, No Profits, the Fight to Save Democracy from Christian Nationalism.
00:32:42.860 Congressman Huffman writes, quote, it's theocratic, authoritarian ringleaders once dismissed as fringe now wield mainstream power, and they're using it to dismantle secular democracy from within.
00:32:55.400 Merriam-Webster defines Christian nationalism as a political ideology that seeks to incorporate Christian beliefs into government decisions and policies.
00:33:04.660 What did you see on January 6th? 0.97
00:33:06.800 I saw a profusion of religious extremism that I hoped would be a wake up call for the country. 0.99
00:33:12.380 I hope they would see this movement for the threat that it is. 0.97
00:33:15.860 And instead, I watched the country go back to sleep.
00:33:18.300 And I watched many of my own colleagues miss the religious extremism that was so central to the insurrection.
00:33:25.360 So this book is my attempt to sound the alarm and have a bit of a call to action.
00:33:30.680 After serving in Trump's first administration, votes spent the Biden years hatching plans for the unrestrained vengeance tour that would become Trump's second presidency.
00:33:39.700 Much of his post-constitutional philosophy was laid out in Project 2025, the authoritarian policy roadmap he helped write for the Heritage Foundation.
00:33:48.480 To correct the problem of America being too secular, vote-bound Christian nationalist priorities would be plugged right in to a second Trump term.
00:33:56.940 We see it. We see it. You can see it at the Defense Department, in the policies that the Defense Secretary has laid out. 0.53
00:34:03.360 You see it in the administration. You see it in the things that the president himself is saying.
00:34:08.440 This is, you can see it in the education department.
00:34:11.580 I'm using air quotes because they've gutted it.
00:34:13.700 This is happening right now.
00:34:15.440 Absolutely.
00:34:16.380 Yes, you're referring to Russ Vogt, of course, one of the Christian nationalist power players, a true believer.
00:34:21.740 But he's not alone.
00:34:22.620 You've also just covered Pete Hegseth.
00:34:24.280 I think you're probably thinking about Speaker Mike Johnson, too, because he is a power player in this space.
00:34:30.180 And there are many others.
00:34:31.260 I profile many of them, not just as political figures, but as Christian nationalist power players, because they are pressing this agenda forward far more aggressively than I think most people realize.
00:34:42.000 It's the early 1990s. Our country has been getting less religious and more diverse, and that is threatening to folks who feel like their country is being taken away from them.
00:34:54.040 It's a perception of lost status, and it breeds an extremism and a level of desperation that is really part of the militancy that drives this movement. 0.94
00:35:04.340 How do you – when you're walking around in Congress, I think you said the Christian nationalist pastors are lurking like lobbyists on the Hill.
00:35:13.540 How – who's opening the doors and letting them in as they're lurking around and knocking on doors? 0.53
00:35:18.460 Oh, they're in.
00:35:19.180 I think they've got a pass to come right on in.
00:35:22.140 And I try to take readers behind the scenes to see what I see every day, because in this chapter you're referring to, I call it the shadow theocracy.
00:35:30.120 You really get a sense for just how entrenched this movement is in the customs and the routines and the institutions of our supposedly secular government.
00:35:43.840 David Barton from Wall Builders joins us.
00:35:47.020 Davis, David, you're one of the most prominent historians in the country, and certainly on the
00:35:51.420 right. I would say you're one of the intellectual architects of trying to get Christianity back into
00:35:56.440 the public space. Of course, now people are saying that Christian nationalism is this
00:36:02.540 most divisive, dangerous political force in the country. Your observations on this, sir?
00:36:09.500 You know, it's an interesting battle because they have created a new vocabulary with new terms,
00:36:14.120 and they've defined those terms. And so even things like Christian nationalists,
00:36:18.320 that's a term less than a decade old, and now it dominates their thinking as though they were
00:36:23.200 upholding the Constitution. This is what George Washington intended from his inaugural address.
00:36:27.920 So it's really interesting to see them redefine terms, which they always do.
00:36:32.020 It's also interesting to see how little they know of the Constitution and how much of a direct
00:36:38.580 attack this is on there. And even just his opening line about saving the democracy. Oh my goodness,
00:36:45.100 please read Article 4, Section 4, which requires that the United States maintain a Republican form
00:36:50.660 of government. The Founding Fathers hated democracy. There were seven different forms
00:36:54.580 of government available when they chose what they chose. And they routinely, John Adams,
00:37:00.080 Benjamin Rush, others said that the form of government they hated most was democracy because
00:37:04.320 they called it a mobocracy. It gives them the feelings. They wanted rule by law. That's why
00:37:08.900 they have a written constitution. A Republican form of government is antithetical to democracy.
00:37:15.380 And so I even react more to that than I do to things like Christian nationalism, which is a
00:37:20.380 term that is so vague. It's like throwing jello on the wall. You can make it any shape you want,
00:37:25.540 but they just simply don't understand the first amendment, the free exercise of religion,
00:37:29.940 than anything else. And that's where the danger is, is in such an anti-constitutional position
00:37:36.240 that they couch in new terms with fear all over it.
00:37:42.900 David, one of the great powers of your writing and your research and pulling things, we're going
00:37:46.760 to get into your efforts to get the Ten Commandments in schools, but it seems like you were the first,
00:37:51.820 or at least the first, that kind of broke through and made it accessible to people to go back to the
00:37:55.940 original documents, go back to the original life stories of the revolutionary generation and then
00:38:01.380 the founders of the nation after that, and really talk about the deep Christian roots of these
00:38:06.940 individuals? Because over time, it had kind of been, oh, they were really secular or they were
00:38:10.940 deists. Talk to us about that, about your research and what it shows about the revolutionary
00:38:16.400 generation and the founders of this nation. Yeah, great question, Steve. We're very blessed
00:38:22.660 in that we have two world-class museums in 4th Dallas area.
00:38:26.280 We're considered to have the largest private collection
00:38:29.120 of founding documents in America.
00:38:31.560 Right now, we're the only museum in America
00:38:33.660 that has a document on display
00:38:35.480 from all 56 of the signers in the Declaration.
00:38:38.420 Of course, Smithsonian and places in D.C. have it,
00:38:41.300 but they don't like the founders, and that's a real issue.
00:38:44.680 So what we did in reading the founders' writings
00:38:47.660 was we were struck with just how often
00:38:50.420 they relied on their faith. One of the things I think is very interesting is the study that was
00:38:57.120 done by the University of Houston, where they went through some 15,000 founding writings in the time
00:39:03.820 of creating our government and found that the single source that was cited most often by the
00:39:08.360 founders was the Bible. 34% of their quotes came out of the Bible. You have John Adams saying,
00:39:13.580 hey, we got Jeremiah 17.9 as the basis of separation of powers and checks and balances
00:39:20.120 and so many other things that we just don't think of.
00:39:23.100 And I had never thought of that.
00:39:24.420 I went through a very secular education growing up.
00:39:27.080 I had no idea of this.
00:39:28.880 And until I started reading
00:39:30.040 their original handwritten documents,
00:39:31.600 I had no idea that they were guys of faith.
00:39:34.420 I was taught they were atheist, agnostics, deists.
00:39:36.720 And now I know that 29 of those
00:39:38.640 who signed the declaration had seminary degrees. 1.00
00:39:41.300 Pretty impressive for a bunch of atheists 0.53
00:39:43.640 to have seminary degrees. 1.00
00:39:45.160 So that's what changed me
00:39:46.500 was going back to original documents and saying,
00:39:48.640 hey, what I've been told, what we've been told really since the 60s is not accurate history.
00:39:55.840 What was it, since you were kind of raised and trained or educated in a secular way,
00:40:03.700 what event, what caused you to go back and actually do all this core research
00:40:08.340 to find out that the revolutionary generation and the founders were actually deeply Christian?
00:40:13.740 You know, the thing that got me, Steve, I came through college and high school and even elementary.
00:40:20.180 I remember my sixth grade, my sixth grade elementary school history teacher told me that George Washington had 26 illegitimate children giving new meaning to the phrase Washington slept here.
00:40:32.860 So I came through school not liking the founders much at all.
00:40:36.380 But, boy, if that's Washington, I can do without that.
00:40:39.140 And so this is what I had been taught.
00:40:40.960 And what happened was later in life, as I was an educator, I was a school principal.
00:40:45.340 I taught math and science.
00:40:47.060 I actually came across two very old documents.
00:40:51.140 They were original documents.
00:40:52.460 I came across George Washington's 1796 farewell address.
00:40:56.220 And as I read that, this guy who supposedly had 26 illegitimate children, in his farewell
00:41:02.960 address, he gives a dozen phenomenal warnings to America how to keep us on track.
00:41:07.560 I think one of the most ironic is he said, do not ever let the federal government get into deficit spending.
00:41:14.660 I mean, that was his warning way back 200 years ago.
00:41:18.220 And so as I'm going through his warnings, the longest one he gave was on religion and morality.
00:41:23.520 And he talked about how you cannot be a patriot if you try to separate religion and morality from politics.
00:41:30.540 And he talked about how that religion and morality were the indispensable supports of our political prosperity.
00:41:35.900 and I'm going, whoa, whoa, whoa, that's not what I was taught about you. What I was taught about
00:41:40.580 you was you were a very loose, immoral guy with no religion morality. And now I'm reading his 0.93
00:41:46.160 original farewell address, and it's kind of shaking me up. And then I came across a Supreme
00:41:51.480 Court case in 1844, where the U.S. Supreme Court said, no, if you're going to be a government
00:41:57.180 operated school, you're going to teach the Bible. We're not going to have a government school that
00:42:00.880 won't teach the Bible. I'm going to tie him out. There's no way. And Daniel Webster argued that 0.98
00:42:06.120 case. And I read that case in the Supreme Court records. Those were the two things that shook me
00:42:11.200 up and said, maybe what I've been taught about history was not accurate because as I'm looking
00:42:16.220 at the originals, they're so different from everything my education system taught me.
00:42:21.220 And that's where we started collecting old documents and started collecting what we have
00:42:26.080 now, that's what turned me around, seeing those original documents.
00:42:31.820 David, can you hang on? We're just going to hold you through this break. We've got you with one
00:42:35.020 more segment. We're going to talk about the documents and your efforts to put the Ten
00:42:39.980 Commandments into schools throughout this nation. David Barton from Wall Builders joins us. We're
00:42:45.620 going to take a short commercial break. Dolly Parton, all day, is going to take us out. We'll
00:42:49.300 be back in the war room in just a moment.
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00:44:51.220 welcome back david barton from wall builders david you've been on a roll on getting uh on
00:45:01.780 winning throughout the country court cases to try to get it doesn't seem like a big let it doesn't 0.85
00:45:07.000 seem like a big ass but man it's a firestorm fighting you this is putting 10 commandments 0.86
00:45:11.440 in schools, correct? It is. Yeah. The court has done a wonderful thing in the last, and this goes 1.00
00:45:17.840 back to 2022. The court reversed itself over the last 50 years and said, you know, we've had this
00:45:24.600 thing called the limit test since 1971. And it says that the only way you can have something
00:45:29.860 religious in public is if the primary purpose of that religious activity is secular. And that's
00:45:34.660 oxymoronic. You don't have any religious activity that's primary secular. And so the Supreme Court
00:45:40.260 in 2022 said that was a really bad test. It's not based on anything historical. And they came up
00:45:46.560 with what they call the history and tradition test that said if something is inherently historical
00:45:51.240 and traditional in America, we're going to assume that it's constitutional. If the founding fathers
00:45:56.520 did it and we did it for generations, we're going to assume that's constitutional. And so suddenly
00:46:00.760 what that did was that said, hey, you can go back to having nativity scenes in public. You can go
00:46:05.680 back to 10 commandments displays. You can go back to nativity scenes or whatever, because those are
00:46:10.980 all things we had until that 1971 decision. So what's happened as a result of that, now we run
00:46:17.340 a legislative network. We network about a thousand state legislators. We monitor about 152,000 pieces
00:46:24.620 of legislation a year, and they will call and say, hey, we need help with this. Here's something we
00:46:28.860 want to do. Who are the experts we can connect with? And so they started calling and saying,
00:46:33.340 hey, can we put the Ten Commandments back up in schools? That used to be in schools until 1980,
00:46:38.540 and it's been there from the beginning. Can we do that? And so we got with the Supreme Court
00:46:44.380 attorneys who actually won those Supreme Court cases, and they helped write the legislation
00:46:48.860 that now has been introduced in 26 states. Five states have passed laws putting the Ten
00:46:53.460 Commandments back up in classrooms. And by the way, because of the historical collection we have,
00:46:58.200 We can show you the very first textbook in America had the Ten Commandments, and it's 63 questions on the Ten Commandments for first graders.
00:47:06.460 We can take you through the McGuffey readers who had the Ten Commandments, the Noah Webster books that he wrote as a founding father with the Ten Commandments.
00:47:13.120 So we can show history and traditions on the side of displaying the Ten Commandments.
00:47:17.400 And that's why at this point, all the federal courts that have looked at this issue have upheld the return of the Ten Commandments of schools,
00:47:24.060 because the Supreme Court said if it's historical and traditional, we're going to assume it's
00:47:28.460 constitutional. So this is a growing movement, and it's driven by the legislators themselves.
00:47:33.880 They're the ones that introduced this across the states. So it's a rapidly growing movement,
00:47:38.600 which I think is really cool that it's organic from them.
00:47:43.440 What states have approved it already? When people look, are the southern states,
00:47:48.460 Intermountain West states? Have any states approved this already?
00:47:52.220 Yeah, what you have so far is you had Louisiana do it and Texas did it. You've had Arkansas that did it. You have Louisiana, excuse me, Tennessee that did it. You have Alabama that did it. Kentucky has gone back. Kentucky didn't pass a law because they were the state where it was taken down in 1980. And they said, well, since the court said we can do it, we're just putting it back up. So they didn't have to pass the law.
00:48:15.580 to do it. So there's really six states that have done it now. And there's a couple dozen more that
00:48:19.940 are getting ready to do it in this next session. And it has been introduced, I'm going to say
00:48:24.760 primarily in what we've considered to be the more conservative states. Now, the irony for me is,
00:48:31.220 you know, these guys, like we started with calling this Christian nationalism, timeout.
00:48:35.840 When I'm at the Supreme Court in Washington, D.C., inside the Supreme Court, I have counted more than
00:48:40.820 53 depictions of the Ten Commandments inside the U.S. Supreme Court. They've got it posted
00:48:46.840 everywhere. I walk outside the Supreme Court, turn left, go to the Library of Congress. I walk in,
00:48:51.740 there's an eight-foot statue of Moses holding the Ten Commandments. Then I go across the street to
00:48:56.260 the House of Representatives. As you walk into the chamber, there's the Ten Commandments. I go
00:49:00.620 further down the street to the National Archives. As I walk up to see the original Declaration of
00:49:05.420 Constitution embedded in the floor in front of me, Ten Commandments medallion. It's all over
00:49:10.400 Washington, D.C. It's in government buildings, not church buildings, and they're calling this
00:49:13.960 Christian nationalism. Come on, guys, give me a break. So I'm intrigued with the fact of how
00:49:19.840 permeated our society had been with the Ten Commandments prior to the recent generation,
00:49:25.140 and there is a growing desire among the populace, among legislators, among others,
00:49:31.160 to get back to some of those standards.
00:49:35.620 David, where can people go to find out more information
00:49:37.920 to support your efforts and just to find out more about it
00:49:41.260 and what they can do in their own states?
00:49:42.660 Where do they go?
00:49:44.260 They'll go to wallbuilders.com or profamily.com.
00:49:47.860 Those are the two websites.
00:49:49.080 Profamily.com is where a lot of the legislators go.
00:49:52.240 And then wallbuilders.com is where we have
00:49:54.440 the historical information.
00:49:55.900 You can come see the museums, come visit North Dallas,
00:49:59.320 West Fort Worth, two huge museums, fun for people to see.
00:50:05.660 Social media, where can people get your writings and your thinking?
00:50:08.980 Also, WallBuilders, or do you have social media that people should go to?
00:50:12.780 Social media, WallBuilders, all over all the social media platforms.
00:50:16.320 So just follow WallBuilders.
00:50:20.180 David, you're doing the Lord's work. 0.99
00:50:21.860 Thank you for taking time to join us on War Room today.
00:50:25.180 Look forward to having you back.
00:50:26.960 Thanks, Steve.
00:50:27.580 Appreciate all you do, brother.
00:50:28.900 Bless you.
00:50:29.320 thank you sir let's pile into there let's find out more about this this is an effort 0.70
00:50:35.680 that needs to happen okay dolly parton is going to take us out kind of an ironic song about where 0.74
00:50:43.040 she would like to be buried get ready for the second hour of the uh of the war room it's going
00:50:48.340 to come in a moment want to thank birch gold for sponsoring our day i think we're trying to get
00:50:52.520 philip patrick up either this evening or tomorrow bannon text bannon b-a-n-n-o-n-9-8-9-8-9-8
00:50:59.480 ultimate guide for investing in gold and precious metals in the age of trump and you get direct
00:51:05.740 access to philip patrick and his team like i said i think we're getting philip and natalie up tonight
00:51:10.440 or maybe philip tomorrow we're going to figure it all out joe allen's going to be with us in the
00:51:14.000 second hour michael pax got a new film about abby gate all of it uh dolly partner take us out we're
00:51:20.060 going to be back in just a moment.
00:51:50.060 He's gone to seek another bride that cares no more for me.
00:52:00.060 So bury me beneath the window, under the weeping willow tree.
00:52:09.060 Where he may know where I am sleeping, and perhaps he'll weep for me.
00:52:18.060 Won't you bury me beneath a willow
00:52:23.460 Under the weeping willow tree
00:52:26.460 Where he may know where I see you
00:52:32.680 That's him, oh my God
00:52:35.880 October 15th, or as we say in the war room, 15 October.
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