Bannon's War Room - May 12, 2026


WarRoom Battleground 1008： The Process That Lead Trump Into The White House; And Creating A Government For The Entrepreneur


Episode Stats


Length

54 minutes

Words per minute

168.12

Word count

9,098

Sentence count

571

Harmful content

Toxicity

9

sentences flagged

Hate speech

30

sentences flagged


Summary

Summaries generated with gmurro/bart-large-finetuned-filtered-spotify-podcast-summ .

Marty Davis joins us in the War Room to talk about trade and the upcoming trip to China with President Trump. He also talks about how he and Laura Ingram met and fell in love with the President and how they became fast friends.

Transcript

Transcript generated with Whisper (turbo).
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 This is the primal scream of a dying regime.
00:00:07.000 Pray for our enemies, because we're going medieval on these people.
00:00:12.000 I got a free shot at all these networks lying about the people.
00:00:17.000 The people have had a belly full of it.
00:00:19.000 I know you don't like hearing that.
00:00:20.000 I know you try to do everything in the world to stop that,
00:00:22.000 but you're not going to stop it.
00:00:23.000 It's going to happen.
00:00:24.000 And where do people like that go to share the big lie?
00:00:27.000 Mega Media.
00:00:29.000 I wish in my soul, I wish that any of these people had a conscience.
00:00:34.780 Ask yourself, what is my task and what is my purpose?
00:00:38.460 If that answer is to save my country, this country will be saved.
00:00:44.900 War Room. Here's your host, Stephen K. Bann.
00:00:53.320 Welcome to our six o'clock hour. You're in the War Room.
00:00:56.040 Our guest is Marty Davis.
00:00:57.640 So as we get everybody prepped for this China trip, the one to Beijing, this state visit summit, which, as you know, we're not completely crazy about here in the war room, but be it as it may, it's going to happen.
00:01:15.140 We got Marty Davis and we're going to talk about trade, what's really going on, particularly from the entrepreneur's perspective.
00:01:22.000 Marty, first off, Marty, I'm going to get to Cambria and your company and how you built it, you know, a native son of Minnesota.
00:01:30.380 I'm going to tell the story about how our first met.
00:01:32.960 How did you get to know Laura Ingram, and how did you get to be such a good friend with Laura Ingram?
00:01:40.260 Good morning, Steve.
00:01:41.760 Good evening, I should say.
00:01:43.020 It's late in the afternoon.
00:01:44.360 My apologies.
00:01:46.800 Laura and I met.
00:01:48.480 She came to Minnesota to speak.
00:01:51.400 on various things that we aligned on.
00:01:55.020 And I met her through her college classmate, Doug Fulton at Dartmouth.
00:02:00.800 And Doug's a great friend of mine and a great patriot.
00:02:04.080 And he made arrangements that Laura and I would meet.
00:02:07.200 We did, and we became fast friends.
00:02:10.740 That was 14, 15 years ago.
00:02:13.740 14, 15 years ago.
00:02:15.200 So in the closing days of the 2016 campaign,
00:02:18.540 And this is what a great supporter of the president and the MAGA movement, Marty, is.
00:02:23.060 We're having a, we're supposed to go, we got this whole weekend planned, elections on Tuesday.
00:02:29.700 We're going to run through the tape all the way through late Monday night and even maybe
00:02:34.460 some of Tuesday if we have to.
00:02:36.080 And so we've got this whole thing planned that we end the day out west.
00:02:42.020 We start in Colorado and we're going to go to a rodeo grounds at like seven in the morning
00:02:47.180 on Sunday morning and just go throughout the day.
00:02:49.200 The big pivot is we're going to pivot in Wisconsin, right?
00:02:53.220 We're going to take a pivot in Wisconsin and come to other places in the Midwest
00:02:57.020 and then to the South and end up at Laura Ingram's place at like supposedly 8 o'clock at night.
00:03:03.520 She's got some farmhouse in Virginia.
00:03:06.560 She's running it for an occasion.
00:03:08.880 And at the last second or on Friday, Paul Ryan tells us, oh, we can't go to Wisconsin.
00:03:15.400 The polling's terrible.
00:03:16.240 And I go, what do you talk about? We're right over the target. This is going to be every vote we have to go.
00:03:20.920 And Paul Ryan just says it's not happening. I'm canceling the event.
00:03:25.800 I'm ensuring that any state official will not be on the stage with you because and his excuse was, you know, I lost Wisconsin when I ran as as Romney's running mate.
00:03:37.120 If I lose Wisconsin again and I go all in on national election, I'm finished nationally.
00:03:40.680 I didn't want to tell him.
00:03:42.420 He was finished nationally anyway, but he just said no,
00:03:45.420 and I couldn't get Reince Priebus to talk him out of it.
00:03:47.920 And so I'm sitting there going, God, we've got to get a place where he has that.
00:03:50.560 And somehow I'm having a conversation with Laura Ingram,
00:03:53.960 and she just says, hey, you've got to talk to my buddy, Marty Davis.
00:03:57.560 He's a good friend of the president.
00:03:58.680 Marty Davis of Minnesota, who the president's been out to see before,
00:04:02.120 and he says he'll take care of it.
00:04:03.880 So we call Marty, and Marty goes, hey, I've got a hangar.
00:04:08.640 it's right off the tarmac of the airport you just fly in you roll to the hangar and i'll have it
00:04:13.440 packed and i said well how many how many people can the hangar hold it how are we going to fill
00:04:18.220 it this is kind of a last second he goes we'll fill it just trust me i go how many goes i don't
00:04:21.880 know five maybe ten thousand we'll cram them all in that we can get there we show up and it's
00:04:27.240 bitterly cold we land and i'm looking around in the uh in the presence there or at that time
00:04:32.460 candidate trump and steven miller and i with the with the president and uh we look and it's got to
00:04:38.020 be marty i don't know 30 000 they are all down this chain link fence as far as the eye can see
00:04:44.540 the hangar is packed as we can see the doors open the hangar is packed and because we're just pulling
00:04:49.820 the plane up president the candidate's getting off walking up a red carpet he's going to give a
00:04:53.380 speech you know some remarks this is a 20 or 30 minute deal and then president we get the secret
00:04:58.440 service because they hate doing this the secret service basically takes him up and down the
00:05:03.480 chain. Like Frank, the president gets out and wants to shake some hands. Marty, how many people
00:05:08.060 did you have that? I guess you did it on Facebook. We're sitting there going, how did this guy,
00:05:11.660 this guy's a magician. How did he get these people on a moment's notice? This is packed.
00:05:17.360 How did you pull that off? Well, you know, we get, we get due credit to getting our state
00:05:23.820 engaged in the national process. That was really the objective too. And I would tell you the
00:05:28.840 candidate did it Trump did it I mean people were calling us how to get in how to get there what
00:05:36.340 time details it took it's I wish you know there was credit we'd take it but uh it it happened
00:05:42.960 because of President Trump's popularity and you saw that in Minnesota he was very close
00:05:48.000 um in in 2016 so people were excited people were running shutting down uh Cedar Avenue um the big
00:05:58.000 freeway right by that area to get across and walking their families across to come over to the
00:06:04.820 to the hangar and see the president or the at that time the candidate for president
00:06:09.500 donald j trump and um they came in droves it spread like wildfire and i really give the
00:06:16.200 president the credit in your campaign that people were looking for a change in a movement and and i
00:06:22.420 think that that drew it we just got the word out that that we were going to host the president
00:06:27.280 or excuse me again uh candidate trump at that time yeah and uh people came in rows and you're
00:06:34.340 right steve they the fire marshal said no more they stopped us at the door we filled up the room
00:06:41.700 and the fire marshal said no more no more no more and so we reluctantly had like fighting people
00:06:48.960 that wanted to get in and were like no no more is not working so they started lining up on the
00:06:54.320 on the picket there the like you say the wire fences uh galvanized fence up and down the sides
00:07:00.560 of the the hangar and it was just it became like you know maybe the beginning of uh the the new
00:07:06.620 style rally i don't know but it was like a rally and president or excuse me candidate trump got
00:07:12.980 off the plane and uh he was aghast at the people and but i remember he got really upset that the
00:07:19.520 fire marshal uh so he had that that tendency then to say what the hell they they're working against
00:07:25.100 me um and he was upset with the fire marshal he told me to make sure i took care of that
00:07:29.580 situation but the fire marshal was trying to get people safe yeah this was running gun you had
00:07:34.860 the fire again you know i told the president i think the fire marshal on this one was right
00:07:39.660 you couldn't have gotten another body in that space they were jammed the fire marshal was
00:07:46.940 don't wait it's not the fire marshal you couldn't get another human in there yeah believe me
00:07:51.040 yeah he was great in fact he went he went plenty far with it he was cooperative and everything i
00:07:58.880 think he loved it loved the president but mostly in minnesota we wanted our state to engage in the
00:08:04.720 national scene we were honored that at the end of the campaign yeah uh the candidates were coming
00:08:09.520 here and uh we would have let uh clinton come there we we we in uh in in 13 or 14 i accepted
00:08:19.560 permission for biden to come or no it would have been 11 or 12 it was right after we bought the
00:08:24.880 airline and uh it was 12 um during the campaign against uh romney for for obama and i had an event
00:08:34.420 for romney at my home and i still told the biden campaign they could they could use our hanger
00:08:39.300 because it was convenient to the tarmac and we weren't a public company so we weren't as sensitive
00:08:44.580 to either party we were like come to minnesota engage with the citizens that was my my attitude
00:08:50.300 at the time and trump was very popular in minnesota two two two quick stories i want to get
00:08:56.120 on to the business and trade two quick stories the president was sitting there because we had
00:09:00.120 like 10 events by the way we did not get to lar ingram's until one in the morning on monday and
00:09:05.480 she still had it packed it was insane because we were so delayed on this one we roll up and the
00:09:10.900 president turns and goes okay because it says what am i talking about i look at miller because we're
00:09:15.460 trying to work the schedule and i'm so blown away that look at miller i go thoughts and he goes
00:09:21.520 steven just goes somalians and trump goes got it and he's remember he gave a fire breathing speech
00:09:28.620 on some violence and i don't think it ever happened in minnesota before the last thing is on the
00:09:33.140 election night he did he did that that that day he did that he did hold it and then on on election
00:09:40.720 day you know a couple 48 hours later we're sitting there and you know michigan's falling
00:09:46.960 wisconsin's falling pennsylvania we've pierced the blue wall we've done it and all he's doing
00:09:52.540 he's turning me goes i told you if we had gone to minnesota because you had talked to him earlier
00:09:57.520 I guess the first time he says, if we had gone to Minnesota more times, I would have won it because it was under 1%.
00:10:02.600 And he was 100% correct.
00:10:04.260 I said, I take that one.
00:10:05.440 But let's worry.
00:10:06.060 Let's close Wisconsin, Michigan, and Pennsylvania.
00:10:08.880 You're going to be president of the United States.
00:10:10.320 But he'll never forget Minnesota.
00:10:12.080 That's when he won it.
00:10:13.140 The reason he loved you, Marty, is that I think you remind him of all the – he's an entrepreneur and entrepreneurs that really energize him.
00:10:20.200 Talk to us, what's the difference in being an entrepreneur, and particularly in a manufacturing business, under Trump and America First and MAGA, than what you see in standard Republican administrations and in Democratic?
00:10:36.020 Well, it's a great question.
00:10:38.120 And Bush did the same thing to me in 2004.
00:10:41.300 We were starting our company then.
00:10:43.200 And Bush, George W. Bush, I must clarify, he came here.
00:10:47.760 He came down by our factory and did a rally.
00:10:50.260 And I welcomed him and talked to him.
00:10:52.260 And he's like, entrepreneurs, I love entrepreneurs.
00:10:54.640 Keep going.
00:10:55.260 Keep fighting.
00:10:56.820 Build your company.
00:10:58.440 Little did I know that as we sit here today, Steve, George W. Bush probably did more damage to manufacturing entrepreneurs in America than any president in recent history.
00:11:09.040 Not even close.
00:11:10.300 I mean, it's not even a question about it.
00:11:12.960 And he was calling the same mantra as what Trump called years later.
00:11:17.380 But Bush never worked and never did anything, never worked in a business, never, never even worked at a bait shop and did stuff that you had to employ people, be responsible for them.
00:11:28.440 He was a governor of Texas. He really any job he did was more in a governor role, kind of governor.
00:11:34.120 I'm not very happy with Bush, but but Trump meant it.
00:11:37.800 He he believed in the entrepreneur and it started with somebody running a bait shop for him.
00:11:42.560 I remember when he came to my house, for an event, he was especially excited about a marina that was near us, a Shorewood Yacht Club, and he saw the sailboats, and he wanted to pull in and talk to the marina owner.
00:11:55.240 When he came to our home, he saw the docks in the lake, and he said, who puts the docks in, and how many dock crews do they have, and how many docks does the owner of the dock installation company put in?
00:12:08.180 And so you talk to Trump and you find a real entrepreneur.
00:12:11.920 And I think that the pillar of who Trump is and his background, that's why I say to people, I don't know why he knows trade.
00:12:19.120 He just does.
00:12:20.220 And that is why he's truly a builder of enterprise.
00:12:24.540 He's dealt at every level with government and private sector and competition and supply chains, both domestically and from abroad.
00:12:32.860 So he truly does understand it.
00:12:35.760 And I think he respects people that are fighting the fight and trying to climb that hill and backs them with good policy, where for Bush it turned out to be a cliché.
00:12:46.900 He didn't understand it, and he's more of a theorist.
00:12:52.300 And if you're a theorist, you waver easily.
00:12:55.160 Let me take it in this regard.
00:12:57.200 The administrative state, something we've been trying to deconstruct.
00:13:00.600 The administrative state, it's weighted against the entrepreneur and towards the big companies, right?
00:13:08.200 And really, regardless, like Bush talks about it but didn't do anything and, quite frankly, hurt us.
00:13:14.000 But the Democrats the same way.
00:13:15.660 Talk about the administrative state.
00:13:17.100 How is the system, both the regulatory system, the legal system, the capital markets,
00:13:22.700 how is the system at this time weighted against the entrepreneur?
00:13:27.820 Well, I think there isn't that kind of voice at the government level very often, unless you get somebody like Trump, who's truly – I was at church yesterday and talking to a fellow, and he said he liked Trump, and I said, what do you like about him?
00:13:46.820 He said he really cares about America, and he really cares about workers, and he really cares about business owners, and I think that's the point.
00:13:56.620 And that's why I think Trump is fighting the way he does for America First and so forth, is to get the citizen heard and get the business owner heard at the government level.
00:14:08.760 And he said as much to me one time about getting the fair and equitable opportunity for private sector entrepreneurship and business owners to engage the public in a way that – the public sector in a way that gets good government, good policy, and good structure.
00:14:30.000 And it's difficult because you don't get hurt.
00:14:34.180 We just put a family leave in Minnesota.
00:14:37.320 We didn't.
00:14:37.860 Governor Walz did. It was a foolish policy. Most companies already have that type of policy with 0.99
00:14:45.020 their workers, and we care about our workers more than the government. I mean, there are team
00:14:49.080 members, so that's just nonsensical that they need that type of protection. There's certainly
00:14:53.660 cases where they do, but they didn't work with the private sector at all to develop an approach
00:14:59.880 to ensuring there was a safety net if they're in a condition where people didn't have the proper
00:15:06.280 proper care around their needed time off. And so you end up with a naive, you know, bureaucrat,
00:15:14.600 government bureaucrat shtick that becomes very partisan rather than very practical and gets the
00:15:23.240 intentionality to it that both the business owner and the employees would like to see in those
00:15:28.820 matters. So that's the challenge for business. It's not, regulation is necessary. I was in the
00:15:36.220 airline business. They did a lot of good work regulatory in that area. It's having the
00:15:41.960 engagement with the public and private sector so we get necessary regulation that is good
00:15:47.360 regulation for safety and quality and integrity and fair and equitable commerce as opposed to
00:15:55.740 overzealous, politically derived and almost biased, mission-based, I'm going to get this
00:16:06.160 or get that. I've got all the answers. And this is, you know, the attitude that business is trying
00:16:12.800 to skirt by something or take advantage of employees or of their corporate neighborhoods
00:16:19.880 that we all operate in. And that's really what's missing, I think, in the way the government has
00:16:26.680 strayed. Let's take an example. You came on the show last week and got people very excited. You
00:16:33.340 the day, I think it was the morning of the day you were going to testify to the International
00:16:38.180 Trade Committee. Talk about your industry sector. You're kind of a fire breather in this and saying,
00:16:43.100 hey, there's unfair practices that are allowing foreign companies to come into the United States
00:16:49.420 and sometimes kind of hide who they are, but they're taking American jobs. They're really
00:16:55.600 making money off Americans. That doesn't make sense because it's not free and fair competition.
00:17:00.760 Walk us through this.
00:17:03.040 Yeah, I think that it's a complex issue in some sense, and some it's not.
00:17:09.340 But American importers, they're U.S. companies, they gaslight and stoke this.
00:17:18.100 All domestic manufacturers are trying to be protectionists, or the unions are exploiting protectionist policies to gain economic favor to the union.
00:17:28.920 And they stoke all these things that really are the argument of the of the foreign Pacific Rim government, in most cases, trying to penetrate and hijack American prosperity through its prosperous consumer.
00:17:43.000 And they orchestrate this belief that that people are that domestic manufacturers are trying to actually game their government and get protectionist policies in place.
00:17:54.640 It's so far from the truth.
00:17:57.520 And it's like Bush, too.
00:17:59.240 I hate to keep beating on him, but he's got this thing out where he says, I don't like the isms, protectionism, isolationism, and nativism.
00:18:08.280 And I thought, if I ever see him say, you know, how about cronyism?
00:18:12.220 He seemed to like that.
00:18:13.220 I mean, that's how he existed and got into our leadership position with no experience.
00:18:19.420 And we're not talking about isolationism or protectionism.
00:18:23.860 So he gaslights it.
00:18:25.000 And I'm sure his daughters that I think of this is a wonderful talent. She sure seems like a great talent to me, but he's got a little ism there. She climbs the ladder of CNBC faster than all the other people that work there. How many years? So don't ism me, Bush. We aren't interested in, and again, she seems like a very talented lady, but you know, that she's gotten in front desk pretty quick, you know, cronyism.
00:18:49.600 And so we don't want isolationism or protectionism. We want free and fair trade. And when foreign governments create and manipulate bypassing and gaming our free trade laws that we established to put them in the World Trade Organization, to give them that gift, and George W. Bush did it, which is why my ire in 2001.
00:19:15.680 And then he didn't enforce any of their of the rules of the road that were established in there.
00:19:22.580 Hang on. I want to slow down because I argue that our entrepreneurs want free and fair trade, but we're in a global mercantilist system, particularly by the Chinese Communist Party.
00:19:34.740 Go back and give us the most favored nation in the World Trade Organization in 2001, which was teed up by Clinton.
00:19:41.080 It's not 100 percent Bush's fault. This, folks, you should understand.
00:19:44.500 You want to talk about unity in the political class?
00:19:47.620 For the globalization movement, the political class came together.
00:19:50.520 Newt Gingrich was pushing this as hard as the Clintons and Bush.
00:19:56.800 But there were all types of provision, just like when Reagan gave the amnesty back in the 80s.
00:20:01.180 There were supposed to be all these provisions first, then amnesty.
00:20:03.680 What they got is amnesty and no provisions.
00:20:06.180 Walk us through what was actually there to protect American families and the American consumer and the American citizen 0.98
00:20:13.560 when we allowed the Chinese Communist Party to come in and get Most Favored Nation 0.85
00:20:17.280 and into the WTO as an emerging nation, sir?
00:20:22.180 So you're right.
00:20:23.440 As I mentioned on the show the other night, Clinton and Larry Summers drove it.
00:20:27.840 I think Summers is the Goldman guy or whatever, globalist.
00:20:30.580 And they set the stage to put him in the WTO.
00:20:36.140 Bush went to the extreme length in 2001.
00:20:40.140 He tries to blame Clinton, but they know better.
00:20:42.500 He put them in on a permanent basis.
00:20:45.440 I think it was December 27th of 2001, the date seems to ring a bell, and Gingrich and
00:20:51.020 the Republicans in Congress went right along with it.
00:20:53.680 It was a globalist Wall Street approach to it, and it gave them really sharp access,
00:20:59.460 quick access, and unfettered access to our markets without any checks.
00:21:04.380 Now, Bush and Clinton, their vision may have been worthy that, hey, we can westernize China 0.76
00:21:10.720 if we engage with them. 0.91
00:21:12.220 They'll go from their red uniforms and hats and stars to suit and ties.
00:21:19.580 And they did go to the suit and ties, but they never changed their ideology.
00:21:23.020 In fact, they doubled down on communism and government control.
00:21:27.580 The parameters and the rules of that road prior to that, you reviewed China's trade practices on an annual basis.
00:21:35.980 And we were able to keep it in check and protect the integrity of free and fair trade.
00:21:40.900 Once you put them in that WTO on a permanent basis, there is a variety of rules that were put in place around rare earth minerals, for instance.
00:21:50.240 That was one of them.
00:21:51.480 In addition to that, state ownership is a big part of the driver.
00:21:54.960 If the state owns the business, then they're going to have all kinds of advantages like no debt, no amortization, no finance costs of that nature, and a whole host of advantages with the state, including freight and everything else, the more of the infrastructure that's owned by the state.
00:22:15.440 They did it in a real cute way.
00:22:17.540 They borrow money.
00:22:18.600 They have one of the largest bad debt books in the world.
00:22:20.980 Everybody talks about we borrow so much from them.
00:22:23.440 Their bad debt book is, I believe at that time, it was the largest in the world, and I've read it multiple times since, so it still remains.
00:22:30.880 They borrow their company's money, government money, low cost, and then they forgive the debt and take ownership.
00:22:37.220 And they partner with the local person at some level, an oppressive level, but the government takes ownership.
00:22:43.980 One of the key parameters of the WTO requirement was a simple one.
00:22:50.400 Like, your state ownership has to go down by this much each year for you to be in the World Trade Organization trading with American prosperity.
00:22:59.700 It went up, and they never, ever regulated it or dealt with it. 0.99
00:23:04.920 In fact, they didn't even – they weren't even smart enough to put the – Trump says how dumb we are. 0.98
00:23:10.200 He's right a lot of times. 0.95
00:23:11.740 I mean, like, obviously our government individually, the people of our government are very smart people. 1.00
00:23:16.460 But as a government, we sure get dumb and kind of stupid at times. 0.99
00:23:20.360 I think that's the point the president is making. 1.00
00:23:22.820 We didn't even put in parameters to prevent that they could combine companies.
00:23:28.380 The way I read the reg, that they could combine companies and therefore they lowered their amount of state-owned companies.
00:23:35.800 Even in the fact that they combined a bunch of companies and made three companies one to fiddle with that rule and that requirement,
00:23:42.660 They still increased state ownership throughout Bush's tenure and beyond.
00:23:48.200 So they didn't, that's a simple one they didn't do.
00:23:51.040 There's a host of other things they didn't do around currency manipulation, all kinds of stuff.
00:23:56.880 And at the same time, and if you wonder why I'm so upset with Bush, at the same time,
00:24:03.360 Bush was negating safeguards that were awarded to American companies.
00:24:08.060 One of the key tools of the WTO entrance on a permanent basis was the American manufacturers and the American side of the issue said, then you have to put in instruments that allow us, like tariffs, to enforce this agreement of them being allowed to be inside the World Trade Organization on a permanent basis.
00:24:31.600 and one of the key ones was a safeguard provision and so american companies from 2001 to 2008 when
00:24:41.660 bush was running the show they won safeguard cases before the itc just like the one we just won
00:24:48.520 in our courts industry we just won one in february where the itc judged that we have not only been
00:24:54.120 injured it's been substantial and there needs to be a remedy and now they've made remedy
00:24:59.440 recommendations around tariffs and quotas. Well, when that happened under George W. Bush,
00:25:05.940 he waived those safeguard awards against America, took a position against American companies.
00:25:11.860 So the whole kind of realm of how Wall Street influenced it, obviously, with their globalization
00:25:18.680 approach and then bad management by our government allowed China really to come into the WTO
00:25:27.480 and operate unfettered all these years.
00:25:31.100 And the other thing they did, what Trump doesn't get credit for, 0.94
00:25:34.180 Trump told North Korea to go to hell.
00:25:36.780 Bush kept playing with North Korea. 0.99
00:25:39.740 Hang on. 0.74
00:25:40.400 I want to get to both of these.
00:25:42.220 We're going to take a short commercial break.
00:25:44.380 A data company can change your financial life.
00:25:48.000 What do I mean by that?
00:25:48.940 The company is chapter.
00:25:50.720 It's about Medicare.
00:25:52.400 The company is not a company started in health care.
00:25:54.500 it started in interpreting mass data.
00:25:58.940 In fact, the founder of the company,
00:26:00.860 it was his mother had gotten into a Medicare plan
00:26:03.280 that was the wrong plan for her.
00:26:05.200 And one time she talked to him and says,
00:26:07.020 hey, what can I do about this?
00:26:08.680 It took him two years to learn the Medicare system.
00:26:12.100 But now you have the company chapter 845 War Room,
00:26:16.100 totally free consultation.
00:26:18.500 You go, you talk to him, he'd bring you a Medicare plan.
00:26:20.700 Or if you don't have a plan, talk to him,
00:26:22.100 they'll compare it against, do perturbations against every plan out there off their massive
00:26:27.680 database. Right now, I think War Room Posse members are saving, I don't know, $1,100 or $1,200.
00:26:33.240 Most importantly, you get a plan that works for you. Chapter is the company, 845-WAR-ROOM. That
00:26:39.880 is 845-WAR-ROOM. It's free and no obligation. Talk to the team today that Colby has put together.
00:26:48.040 that you will be quite impressed.
00:26:49.820 In fact, I think you'll be blown away.
00:26:51.840 Short commercial break.
00:26:52.780 Marty Davis on the other side.
00:27:00.580 The American health care system is broken.
00:27:03.900 And for most Americans, nothing changes.
00:27:06.540 There's still delays, denials, high cost insurance roadblocks.
00:27:10.380 So when I find people doing things differently, I talk about it.
00:27:14.960 All Family Pharmacy is not your typical big chain pharmacy.
00:27:19.780 This is an independent, family-owned pharmacy that gives you access to over 400 medications delivered straight to your door.
00:27:27.660 They've got ivermectin, antibiotics, antivirals, NAD+, even your daily maintenance medications, and so much more.
00:27:37.680 If you already have a prescription, your doctor can send it directly.
00:27:41.300 If you don't, their doctors handle it.
00:27:43.700 As long as there is a medical necessity, they'll take care of you.
00:27:48.740 And I'll tell you this, the feedback from people listening to this show and watching
00:27:51.900 has been incredibly strong.
00:27:54.500 People are using it.
00:27:55.680 It's working for them, and they're sticking with it.
00:27:58.220 That's because it cuts out the delays, the middlemen, and all the usual nonsense.
00:28:03.860 This is about being ready before you need it.
00:28:07.760 Go to allfamilypharmacy.com.
00:28:09.860 That's all one word, allfamilypharmacy.com slash Bannon, and use code Bannon10 to save 10%.
00:28:17.100 The health care system is broken.
00:28:19.960 Your pharmacy doesn't have to be.
00:28:23.420 The dollar's convertibility into gold ended in 1971.
00:28:27.960 Gold was fixed at $35 an ounce.
00:28:31.400 Well, fast forward to today, and the U.S. dollar has lost over 85% of its purchasing power.
00:28:38.300 Gold, on the other hand, is increased in value by over 12,000%.
00:28:42.900 That's why central banks are buying gold at record levels.
00:28:46.900 That's why major firms like Vanguard and BlackRide hold significant positions in gold.
00:28:53.180 And that's why I encourage you to consider diversifying your savings with physical gold from Birch Gold Group.
00:29:00.060 But it starts with education.
00:29:02.300 Birch Gold just announced their Learn and Earn Precious Metals event.
00:29:06.800 This free online event rewards you for learning the basics of investing in precious metals.
00:29:11.680 Sign up to get a free silver on your next purchase.
00:29:15.280 Get even larger incentives as you go.
00:29:17.940 The more you learn, the more you can earn.
00:29:20.220 But you must act now, as this special event only runs through April 30th.
00:29:26.020 The dollar lost its anchor in 1971.
00:29:30.020 You don't have to lose yours.
00:29:32.280 Text my name, Bannon, B-A-N-N-O-N, to the number 989898
00:29:37.060 to join Birch Gold's Learn and Earn Precious Metals event by April 30th.
00:29:42.380 Text Bannon, B-A-N-N-O-N, to 989898 and do it today.
00:29:49.020 Do you owe back taxes or you haven't filed your taxes in years?
00:29:53.300 Now is the time to resolve your tax matters.
00:29:56.920 With the national conversation around abolishing the income tax,
00:30:00.880 The IRS is fighting back and proving it's here to stay by becoming more aggressive than ever before.
00:30:07.940 They're sending out more collection notices, filing more tax liens, and collecting billions more in recent years.
00:30:15.440 If you owe, the IRS can garnish your wages, levy your bank accounts, seize your retirement, and even your home.
00:30:23.920 If you owe or haven't filed, it's not a question of if the IRS will act.
00:30:29.280 it's a question of when it will act. Right now, Tax Network USA is offering a completely free
00:30:35.860 IRS research and discovery call to show you exactly where you stand and what they can stop
00:30:42.500 before it's too late. Their powerful programs and strategies can save you thousands or even
00:30:48.360 eliminate your debt entirely if you qualify. Don't make a costly mistake. Representing yourself or
00:30:54.800 calling the IRS on your own waives your rights and costs you more money.
00:30:58.660 They are not, and let me repeat, the IRS is not on your side.
00:31:03.960 Get protected the right way with Tax Network USA
00:31:06.680 and start the process of settling your tax matters once and for all today.
00:31:13.180 Call 1-800-958-1000.
00:31:16.880 That's 1-800-958-1000 or visit tnusa.com slash Bannon
00:31:23.760 for your free discovery call with Tax Network USA.
00:31:28.620 Let me repeat, 800-958-1000, tell them Bannon sent you.
00:31:33.020 Don't let the IRS be the first to act.
00:31:37.140 Take advantage of First Mover Advantage, you move.
00:31:41.900 War Room, here's your host, Stephen K. Bannon.
00:31:46.500 Marty, the reason we're honored to have you on last week,
00:31:49.800 of course the audience loved it,
00:31:50.720 we're going to have you on much more in the future,
00:31:52.840 is that, look, immigration is central, the sealing of the borders, mass deportations,
00:32:00.740 stopping the invasion, all that's central to President Trump and the MAGA movement.
00:32:04.440 But as President Trump says, hey, I'm tariff man, he called Liberation Day, it was back
00:32:09.580 in April, about the tariffs went all the way to the Supreme Court, he's still upset.
00:32:13.900 Over the weekend, he lit up Gorsuch and Amy Comey Barrett again for their vote after he
00:32:20.040 had selected them on tariffs.
00:32:21.820 I want to go back, though, and make sure that people understand what Bush did.
00:32:26.500 You were just before the International Trade Commission.
00:32:29.180 You would agree with me it's not easy to get a win at the International Trade Commission.
00:32:33.440 You've got to bring the heat.
00:32:34.440 You've got to bring the facts.
00:32:35.460 These things take forever.
00:32:36.420 You just had a win.
00:32:37.720 But back on the Bush administration, American companies consistently, I think you said there
00:32:41.900 were seven or eight of them, had wins against the Chinese Communist Party.
00:32:46.140 And what did he do?
00:32:47.260 He didn't enforce the wins.
00:32:49.480 He says, no, he reversed what the International Trade Commission said.
00:32:53.640 Yeah, yeah.
00:32:54.600 He overruled, you know, didn't impose a safeguard and didn't add to the safeguard.
00:32:59.600 He, you know, he went against, in some cases, the American steel industry and others. 0.73
00:33:06.000 I mean, he just he was all in for China and it was unfettered.
00:33:10.000 And when U.S. companies went and used the remedies, the instruments that we were provided in the WTO regulations, I mean, it's an honor to be in the World Trade Organization trading with the most prosperous nation in the world.
00:33:25.820 And doing it in governments, this is what people have to understand.
00:33:29.060 If they all had democracy governments that even were closely related to ours, then the WTO doesn't have the teeth.
00:33:37.540 But you don't need that kind of apparatus as much.
00:33:41.000 You let the markets work.
00:33:42.380 But when you're dealing with not foreign people, these are good people in these other countries, largely. 0.78
00:33:47.000 It's the same as the profile here in America in many cases, not in every country.
00:33:50.680 But I've been to China many times and Japan many times are wonderful, hardworking, innovative people.
00:33:58.220 But their governments are rogue.
00:33:59.960 And in many cases, they're communists, they're under command, or they're quasi-fascists, meaning they control their – everybody tries to make fascists a boogeyman.
00:34:09.160 It means you control your economy.
00:34:11.000 You allow a private sector, but you control that private sector in a very, very heavy-handed manner.
00:34:17.740 And so to be in the World Trade Organization so that you can ask that, you know, attain, if you will, or introduce your products into our marketplace, you have to be, you know, following the rules of the WTO that were born to protect the free market in America from a rogue interventionist, you know, self-serving predatory government like Vietnam or China.
00:34:46.640 or, you know, secondary governments to them like Thailand and Malaysia.
00:34:51.300 So this is all to make sure we have to recognize these are not – they're like Russia.
00:34:57.200 I mean, everybody hates on Russia.
00:34:59.440 Vietnam and China are communists, and so they're going to manipulate trade in any way.
00:35:05.660 They already show by their government structure they don't care that people are not first in their countries. 0.85
00:35:11.740 The government's first.
00:35:12.520 You know, they don't, their human condition, you know, temperature gauge is a little different than a leader in America.
00:35:22.880 So their whole way they operate, the rules of their road are very different.
00:35:27.520 So if you let them come in with their rules of engagement and penetrate the prosperity born of free and fair market rules of engagement, and you do that unfettered, they're going to thrash your domestic marketplace.
00:35:41.360 They're going to convert your marketplace from the free and fair market that it is.
00:35:46.220 We spent two years with Lighthizer trying to get there.
00:35:48.980 I'm going to get to that in a second because that will tee up the discussion for what President Trump – your recommendation that President Trump needs to sit down with Xi.
00:35:56.000 But India, let's talk about – in your industry alone, India – and as I go with that, the country, the number one topic outside – for MAGA, outside the Islamic invasion of this country is this H-1B visa fiasco.
00:36:08.360 fiasco, where you have essentially all these Indians coming and taking the tech jobs from 0.80
00:36:13.240 young people. But you're having to compete. I mean, Navarro will tell you, and I'm a huge 1.00
00:36:17.620 supporter of Modi. I love nationalism. He's a nationalist, puts his country first.
00:36:24.240 But Navarro will tell you, as hard as it is to get to the Chinese Communist Party to agree to
00:36:28.760 anything and then enforce it, he said India is probably as bad. Talk to me about India, 0.90
00:36:33.700 particularly in your industry. Well, I think to the point I was making,
00:36:38.360 quickly and I'll finish it is so when you engage with our country in commerce, you have to meet
00:36:44.880 the principles of free and fair market competition. And if you don't, we have to be able to deal with
00:36:51.420 you in an enforcement mechanism like tariffs and likewise. And that's the China, the whole China
00:36:58.560 syndrome over there as it relates to the entire Pacific Rim. India is a party to it. And India 1.00
00:37:05.120 China operates, like you say, as nationalists in a much different way, but they have the same kinds of government.
00:37:13.200 You know, they're not a command economy, but they operate very strong, strong armed in the way they manipulate the economics, their currency manipulation, their access to resources from communist platforms like the oil they get out of Russia, which is a big one now.
00:37:33.220 But they've been doing that kind of thing for a long, long time.
00:37:35.900 And they work with the Chinese on the technology. 0.79
00:37:39.400 Most of the manufacturing equipment to replicate and violate our technology and our patents and make products like ours much cheaper because of the false economics that exist in their countries, that equipment to India came from China, a lot of it, and the know-how and the technology in our space. 0.78
00:37:58.960 And then they, you know, their labor's oppressed in many ways.
00:38:04.580 You can go across the profile.
00:38:06.160 I don't want to stereotype it, you know, 100%.
00:38:08.820 But it's a very oppressed labor environment.
00:38:11.920 And so is their mining industry where they mine the quartz locally for almost nothing.
00:38:18.340 They sell product into the United States.
00:38:21.360 Now, 10 years ago, 12 years ago, when we were building this marketplace,
00:38:27.080 India didn't sell any quartz slabs into the United States.
00:38:30.520 Just like so many years ago, they didn't sell any iPhones into the United States.
00:38:35.120 Now they're the leader in iPhones.
00:38:36.680 They'll take over. 1.00
00:38:37.580 All the iPhones in the world would be over there in India, made there instead of the 1.00
00:38:41.260 United States.
00:38:42.480 Foxcoms moved over there, all that kind of thing.
00:38:44.540 On a smaller scale, our industry, still a big industry, $12 billion, is doing the same
00:38:50.820 thing.
00:38:51.340 So they've got raw material there.
00:38:54.040 They have the labor condition they put forth.
00:38:55.880 They take technology from the rim, they oppress that labor, they manipulate the currency.
00:39:01.260 They sell slabs here that 15 years ago, they sold zero to the United States.
00:39:07.580 They had no quartz factories.
00:39:09.600 Our industry blossoms, it becomes, it explodes.
00:39:13.960 Now today, they are by far the largest maker of quartz slabs, and they make about 100 million
00:39:21.940 square feet a year.
00:39:24.320 Cambria, our company, makes about 20 million square feet, so they'd have five Cambrias already built in India, and they sell the product into the United States for less than our raw material costs because of all the economic gaming that is done throughout their system.
00:39:42.000 What do you mean?
00:39:42.460 They're going to employ their people.
00:39:44.080 What do you mean by that?
00:39:45.800 But, okay, the things I just mentioned, currency manipulation, the oppression, the labor condition and the way they manage it, the safety and manufacturing systems.
00:39:57.380 Well, there are some good ones over there, and their pricing is different than the, would you say, the lower class of the quality that comes out of there and the cost structure that comes out of there.
00:40:07.260 And then their raw material control and the way their government manages that labor on the mining side.
00:40:13.340 So they get a variety of economic conditions that provide them almost a false economic market as compared to a free and fair market in the United States where competition, for-profit, entrepreneurism, and labor forces that can form and say, hey, I got to get paid here.
00:40:32.860 But our trade laws are supposed to counter for that. How do they then get into this marketplace and undercut American producers?
00:40:43.340 Well, when you go into them on anti-dumping and subsidy, they're pretty crafty.
00:40:49.800 I mean, they're crafty.
00:40:52.480 They're as crafty as anybody.
00:40:53.380 They smile more.
00:40:54.220 They're wonderful people as a people.
00:40:56.600 But their government is very, very crafty at obtaining all the manufacturing, as you said, nationalists for India.
00:41:05.620 And so they keep their labor in a certain condition.
00:41:09.380 They get raw materials into those plants very low.
00:41:11.860 They get their energy very low as compared to the United States in ways that, you know, I mean, Russian oil is embargoed oil.
00:41:19.780 It's coming to America through a quartz lab.
00:41:22.400 I mean, that's a fact.
00:41:24.320 And so it's in that way that they manipulate every aspect to gain the advantage over the free enterprise of America, and they sell their products here.
00:41:34.140 Why don't they sell the quartz slabs and other products in India?
00:41:38.080 They do in some cases.
00:41:39.680 But for the most part, they have targeted the American market. 0.99
00:41:43.820 And you mentioned earlier about the Indian people that move here and all that, and I have no problem with that. 0.92
00:41:48.780 I'm a believer in first-generation immigration as long as it follows the rules of immigration.
00:41:54.680 But hang on. 1.00
00:41:55.800 But hang on.
00:41:56.340 They gamed the system.
00:41:57.680 I totally disagree.
00:41:58.740 They gamed the entire system.
00:41:59.820 The entire system is a scam. 0.94
00:42:01.220 The H-1B visa is a scam. 1.00
00:42:03.040 All the immigration, we should have a 10-year moratorium on immigration because they gamed the system. 1.00
00:42:07.400 Agreed. 1.00
00:42:07.660 It's a total con.
00:42:08.660 Then they bring their families over here.
00:42:10.460 It's got to be reversed. 1.00
00:42:11.300 I agree. 0.98
00:42:11.660 My cover on that, Steve, my comment with that, if they follow our immigration law, they don't. 0.99
00:42:18.280 They don't. 0.99
00:42:18.900 They violate and they are able to navigate it.
00:42:23.000 They're doing the same thing in Canada.
00:42:25.160 And I agree with you on that.
00:42:27.420 But further than that, here's another thing that they do that's even worse.
00:42:31.420 It's flipping back.
00:42:32.400 They run American import companies here owned by American citizens who some are Indian, American citizens that are from India or from, you know, the Pacific Rim or from wherever.
00:42:46.680 It doesn't matter.
00:42:47.340 I mean, they moved here and they've become citizens and were born and raised here, many of them.
00:42:52.280 But they set up their employment bases often in the Pacific Rim.
00:42:57.120 So most of these trading companies, these importers, the large part of their G&A, where ours is in Eden Prairie, Minnesota, or our competitors at Del Tower in Dallas, Texas, or our friends at Gedoni are in Atlanta, Georgia, and they have their infrastructures here.
00:43:15.420 These importing companies employ thousands and thousands of people in those foreign countries to set up the gaming and create the whole thing.
00:43:25.160 So they purport that they're U.S. companies, but most of their technology and HR and all their administration is in those foreign countries where they navigate for those foreign companies a very sophisticated and comprehensive structure and apparatus to come in and hijack American products and American consumers and ultimately American manufacturers of products through that entire apparatus.
00:43:55.160 Marty, what is your – because I want to pivot to China where we've got time.
00:43:59.540 What is your recommendation on all this, on both the importers and these foreign companies that are not playing by the rules and have their governments kind of shielding them?
00:44:08.920 What's your recommendation that needs to be done?
00:44:10.680 I think there's a variety of tariff instruments that need to be employed, what the Supreme Court did to the president calling this a tax is nonsense.
00:44:20.740 than all the tariffs that Canada puts on us, 300% tariffs on cheese and butter, that's a tax on
00:44:26.720 America? We're letting Canada tax America? Ask the Supreme Court about that. It's not a tax.
00:44:32.940 It's a trade enforcement tool. They took it away from the hand of the president,
00:44:36.700 and that was my key instrument. There are a variety of other tariffs. As the president said
00:44:41.920 this morning, it becomes more laborious to get them accomplished. He will, but it's a lot of
00:44:46.820 work. So we have to tariff. We have to, I think the reciprocal tariff program was righteous and
00:44:54.280 it should have been expanded upon. And we have to get better work done by commerce and they're
00:45:00.020 pretty well run. It's not commerce's fault. We got to get more teeth in there so that the subsidy
00:45:05.560 anti-dumping and subsidy matters are at hand. And then parameters around, you don't sell
00:45:11.380 the products you make in your country and you dump them in the US, you're paying a fee.
00:45:16.820 because we can't even deal with the anti-dumping side of it when they don't even make markets in
00:45:21.180 their own country for these products. And that's what they often do. And then they manipulate
00:45:26.560 who the respondent is. So they take the highest priced product in the market, and there's always
00:45:33.320 some good producers in these marketplaces that have economics that are closer to the United
00:45:40.160 States because they're trying to do it right. And they're also trying to meet a higher end
00:45:43.960 category. They use them as their respondents in the criteria for how to set the dumping
00:45:50.440 and subsidy rates. We're working with the Commerce Department presently, and it's been
00:45:54.840 very productive to change that. And they are working hard to do it. But I think we've got
00:46:00.580 to be very aggressive on that front, Steve. Okay. I only got a couple of minutes. The
00:46:05.500 Lighthires of Deal was supposed to take care of all the seven deadly sins that Navarro calls
00:46:11.040 of the Chinese Communist Party, what had happened.
00:46:13.300 They walked away from it, spit in our face, tore it up after two years.
00:46:17.960 What would be your recommendation?
00:46:20.040 The president is en route now.
00:46:21.380 What would be your recommendation to President Trump that you know?
00:46:25.320 Just give me a couple minutes of how he should comport himself
00:46:29.860 with the Chinese Communist Party and Xi on matters of trade in his visit.
00:46:35.000 Well, I think the number one thing they did to the Trump success of Trump 1.0 is they reverse fracked their materials through the entire rim.
00:46:45.600 All they did then is move the nuclei from China and moved it into Thailand, Malaysia, Vietnam, even India.
00:46:53.560 And I remember the Trade Commission saying, well, China won't get along with all those countries.
00:46:57.460 I said, you watch.
00:46:58.500 When Trump closes them down, they will.
00:47:00.700 And they've set up shop in all those countries.
00:47:02.920 So he's got to follow the money and follow the products, and they're moving through those areas.
00:47:09.680 Chinese have ownership in Vietnam now, and they built 20 big factories like ours in Thailand. 0.84
00:47:17.120 So I think the administration's got to find a way, and they're working on it, to follow the reverse fracking out of China. 0.56
00:47:24.360 The other thing, and I hear Laura say it on TV a lot, Trump's got to, I think he wants to get along with Xi too much.
00:47:35.400 I mean, what do we care?
00:47:36.980 I don't think, you know, I think he's got to get along in the sense of having dialogue.
00:47:40.660 I agree with him.
00:47:41.560 But we don't have to have a deal with China.
00:47:43.620 They need us. 0.89
00:47:45.160 We have funded their dysfunctional government for 30 years.
00:47:50.180 Go back to Tenement Square.
00:47:51.540 There would have been more tenement squares had it not been for what we did in the World Trade Organization in 2001 under the Clinton-Bush partnership, as you call it, and kind of ratified by the Gingrich Congress as well.
00:48:05.720 So we funded that dysfunction, and we should double down on that in Trump 2.0, and we should hold their feet to the fire, and we don't have to get along with them on trade.
00:48:16.860 They're wrong. And their government is dysfunctional. And it's not a good form of government for people. They want to deploy that government. That's their business. But they shouldn't be doing it on the backs of the American middle class worker whose job they are robbing at the same time they're selling the product they robbed from them back to that worker in the middle class of America.
00:48:39.800 So I think the president's got to get tougher with them, and we don't have to – he can get along with Xi and talk about a lot of things.
00:48:47.220 When it comes to trade, I don't think I'd get along very much with Xi.
00:48:50.780 He's been gaming the Trump tariffs and the success of 1.0 in very, very aggressive, expansive, and sophisticated ways since it happened, and they're still cheating and penetrating the U.S. markets, violating the WTO and violating a lot of the trade requirements.
00:49:09.060 Do you believe I only got like 90 seconds. Do you believe they have leverage over us when it comes to rare earths, sir? Is that the leverage?
00:49:18.700 Well, you know, yeah, I suppose I don't. People know a lot more about that than me, best at those type of people. But there's a lot of great rare earths in Africa. Get down to Africa. The African people, I was down there last year. They don't like China. They love America.
00:49:34.300 There's other places in the world we must go, and then we have to hold their feet to the fire.
00:49:38.640 And the rare earth thing is above my head.
00:49:41.360 I'm sure there's things the president knows and the administration that I don't understand.
00:49:45.460 But I think we have to, and the president has, aggressively pursue other rare earths around the world.
00:49:51.220 I think America should be investing in Africa a great deal.
00:49:54.040 It's a wonderful country of resource, and the people in Africa love America.
00:49:59.120 But if you would tell the president right now, we don't need a trade deal.
00:50:02.380 These guys are gaming it. They're gaming the system. You can't trust them. It's tough to enforce anything. They need us. We don't need them. Is that what I'm hearing?
00:50:10.760 That's exactly what I would tell them, and I hope the president doesn't weaken in that posture because of the mistake, the terrible mistake that the Supreme Court made on IEPA.
00:50:22.220 Marty Davis, how do people get to Cambria? How do they find out more about you?
00:50:25.840 cambriausa.com and uh just understand that cambria wants to compete fairly and freely
00:50:32.640 and earn our our business every day uh and so we're hopeful that we keep having a president
00:50:38.280 like president trump and his team uh that ensure that type of of infrastructure for our businesses
00:50:44.740 to compete in uh last thing the supreme court decision you agree was absolutely abysmal
00:50:50.860 Yeah, it's a terrible decision. To call a tariff a tax, it's a trade enforcement tool.
00:50:57.600 If you follow the history of the tariff, it's obvious what it is.
00:51:01.640 And I argue the other countries tariff us. Like Canada, everybody's worried about Canada.
00:51:07.000 I love Canada. I own land in Canada. But their government, their people aren't even happy up there.
00:51:12.580 They can't even get our cell services up there. They block us. Their protection is on every level.
00:51:18.780 They tariff us 300 percent on dairy products and lumber is like 100 percent or whatever.
00:51:24.180 And that's is that a tax?
00:51:26.200 I mean, we're accepting the Canadian government to tax the United States.
00:51:30.360 That's what they're saying.
00:51:32.140 Marty Davis, don't ever change.
00:51:34.380 Amazing.
00:51:34.940 Great entrepreneur and deep, deep knowledge of global trade.
00:51:39.940 Thank you, sir.
00:51:40.380 Appreciate you being on here for our primer for President Trump's trip to Beijing.
00:51:44.940 Thank you, sir.
00:51:45.520 Appreciate you.
00:51:46.880 We're going to be doing wall-to-wall coverage of all of this.
00:51:50.440 Of course, this is with artificial intelligence, rare earths, the war in Iran, trade, all of it on the table.
00:51:59.860 As President Trump with Marco Rubio, Secretary of State and National Security Advisor, and of course, Scott Besant, heads to Beijing.
00:52:09.680 I want to thank you very much.
00:52:10.920 We'll see you back here at 10 a.m. Eastern Daylight Time tomorrow morning
00:52:14.900 when you'll be in the war room.
00:52:16.060 I want to thank our sponsor, Birch Gold.
00:52:18.400 Take your phone out and text Bannon, B-A-N-N-O-N, at 989-898.
00:52:23.720 You get a free with no obligation guide to investing in gold and precious metals
00:52:28.640 in this turbulent age of Trump.
00:52:32.260 Remember, gold has been a hedge for 3,000 years of mankind's history.
00:52:36.180 Have Philip Patrick and the Birch Gold team tell you all about it.
00:52:39.480 We'll see you tomorrow morning at 10.
00:52:40.920 okay can we talk about what's really happening right now new data shows financial stress is at
00:52:48.160 an all-time high millions of americans are at a breaking point debt maxed out no extra money no
00:52:54.320 room to breathe and this isn't just lower income households anymore middle-class families are
00:52:59.900 hitting their limits too this isn't about reckless spending everyday people are running out of
00:53:07.180 options. So if debt has been weighing on you, you're not alone. And when it comes to debt,
00:53:13.380 waiting usually makes it worse. Interest piles up. Minimum payments keep you stuck. You don't
00:53:19.160 need another loan and you don't need bankruptcy. You need a strategy. That's why I like Done With
00:53:26.980 Debt. They've built a smart, personalized plan around you. Their experience and knowing what
00:53:32.520 it takes to get you the biggest reductions possible. Whether you owe $10,000 or much more
00:53:39.000 done with debt has one clear goal, lower what you owe. So you keep more of your paycheck every
00:53:45.300 month. It's very simple. Let's repeat that lower what you owe. So you can keep more of your paycheck
00:53:50.920 every month. Start with a free consultation just takes minutes, share your situation, your tale of
00:53:56.720 and find out what's possible you do not have to stay stuck go to donewithdebt.com
00:54:04.060 that's donewithdebt.com and do it today