Bannon's War Room - WarRoom Battleground EP 251： Who Will Bailout The American People？

00:00:00.000 This is what you're fighting for.

00:00:14.840 I mean, every day you're out there.

00:00:17.540 What they're doing is blowing people off.

00:00:20.980 If you continue to look the other way and shut up,

00:00:23.660 then the oppressors, the authoritarians,

00:00:26.220 get total control and total power.

00:00:27.880 Because this is just like in Arizona.

00:00:30.820 This is just like in Georgia.

00:00:32.020 It's another element that backs them into a quarter

00:00:34.860 and shows their lies and misrepresentations.

00:00:37.120 This is why this audience is going to have to get engaged.

00:00:39.400 As we've told you, this is the fight.

00:00:41.280 All this nonsense, all this spin,

00:00:43.500 they can't handle the truth.

00:00:45.240 War Room, Battleground.

00:00:47.000 Here's your host, Stephen K. Bannon.

00:00:51.300 It's Monday, 13 March, in the year of our Lord, 2023.

00:00:55.100 We've got a lot to get through in this hour,

00:00:58.060 and we're going to get to it all.

00:00:59.700 I want to bring in Krom Carmichael.

00:01:01.540 Krom, the reason I like the fourth hour here,

00:01:04.040 it gives me a little more time to expand on topics,

00:01:06.360 and I'm not quite as pressed by our clock,

00:01:09.400 since we have a very different clock here.

00:01:11.160 Clock is TV or radio speak for how we actually break the segments up.

00:01:15.380 But the Posse, the War Room audience, the cadre, the vanguard,

00:01:20.980 they got their work cut out for them,

00:01:22.360 and we know people volunteer.

00:01:24.600 They were the 3,500 to 4,000 volunteers for the Naomi Wolf Project.

00:01:28.380 They were Precinct Strategy.

00:01:30.000 They volunteer.

00:01:30.900 They're hungry for action,

00:01:32.380 and we need them here for the long term.

00:01:35.740 Even people that got a few years on them,

00:01:37.440 like I got a few years on me,

00:01:38.680 we need them here for the long term.

00:01:39.880 They have hearts of lions,

00:01:41.080 but we have to make sure that we assist them

00:01:44.780 and give them every opportunity to learn and find out more stuff

00:01:47.380 to make sure their hearts are the engines,

00:01:50.540 because they got big hearts, right?

00:01:52.040 And these are strong, dedicated, motivated, passionate people.

00:01:55.720 We got to keep those hearts healthy.

00:01:58.560 How do we do that, sir?

00:02:00.380 Steve, thanks so much,

00:02:01.900 and that's a great preamble to talking about Soul Tea,

00:02:05.880 which is a product that we've been manufacturing,

00:02:08.020 the active ingredient, for 18 years,

00:02:10.220 and I've been taking that product that entire time.

00:02:13.080 And you're talking about our hearts,

00:02:14.760 and let me just talk a little bit about our heart as a muscle

00:02:18.620 and also as an organ.

00:02:20.000 It's the only thing in our body that's both.

00:02:22.540 And our cardiovascular system

00:02:24.780 has 100,000 miles of veins and arteries,

00:02:28.100 100,000 miles.

00:02:29.860 And our heart has to pump blood

00:02:31.820 through those veins and arteries all day.

00:02:34.440 And it pumps 100,000 times a day,

00:02:38.660 and it pumps 2,500 gallons a day.

00:02:42.700 And so if our heart goes out, we die quickly.

00:02:46.460 And heart disease is called the silent killer.

00:02:48.800 It's also the number one killer.

00:02:51.040 And so I really encourage the Posse.

00:02:52.840 And by the way, close to 25,000 members of the Posse

00:02:55.960 have already signed up for Soul Tea.

00:02:57.960 And I can't tell you how much I appreciate that

00:02:59.980 and how excited we are.

00:03:01.340 And we get some wonderful emails.

00:03:02.840 But the way to get Soul Tea

00:03:05.160 is to go to warroomhealth.com.

00:03:08.520 That's warroomhealth.com.

00:03:10.720 And then enter the code WARROOM at checkout.

00:03:13.720 And when you do that,

00:03:14.720 you get $29.95 off the initial shipment,

00:03:19.040 which is a very good deal.

00:03:20.680 But then on an ongoing basis,

00:03:22.980 on an ongoing basis on your subscription,

00:03:25.200 you're getting three bottles for the price of two.

00:03:27.720 Every 90 days, we ship three bottles

00:03:29.880 for the price of two, and we pay the freight.

00:03:32.800 And so it's a great deal.

00:03:34.120 It's really good for your heart.

00:03:35.500 And I am the best person to talk about it

00:03:38.320 because I've been taking it for 18 years.

00:03:40.740 It lowered my bad cholesterol from 130 to 89,

00:03:44.280 18 years ago.

00:03:45.200 It's been under 90 ever since.

00:03:47.180 My blood pressure's in good shape.

00:03:49.280 And I take zero prescription drugs,

00:03:51.100 zero prescription drugs, and I'm 74 years old.

00:03:56.380 Now, just everybody,

00:03:57.620 look, if you're taking blood pressure of medicine,

00:03:59.100 which my mom and dad took forever,

00:04:01.360 if you're taking a statin, you stay on that.

00:04:03.180 You always work with your doctor.

00:04:04.900 This is extra, particularly for people

00:04:07.040 that may be not that far down the curve.

00:04:09.800 But this is why we love the extract of green tea.

00:04:13.580 Yeah, and if you tell your doctor

00:04:14.880 that the active ingredient in soul tea

00:04:17.680 is a super-enriched concentration

00:04:20.140 of a molecule called theoflavin,

00:04:23.200 your doctor or you can Google theoflavin

00:04:25.700 and the heart health benefits of theoflavin,

00:04:28.140 and you'll find all kinds of information.

00:04:30.640 Now, you can also go to our website

00:04:32.180 through warroomhealth.com

00:04:34.400 and click on our science

00:04:35.980 and you'll see a lot of information there also.

00:04:39.720 Yeah, I want to immerse everybody in information.

00:04:41.820 So just go to the website and check it out.

00:04:44.000 Krom, honored to have you on here.

00:04:45.960 Thank you, brother.

00:04:46.820 Thank you for staying over to the second hour.

00:04:48.420 Let's go ahead and play.

00:04:49.100 Thank you.

00:04:49.480 Thank you, brother.

00:04:50.820 I got a call open for Boris.

00:04:53.840 I don't have a call open for Boris.

00:04:55.720 You told me I had a call open and I don't.

00:04:57.700 We blew it.

00:04:58.900 Can I go ahead and say you blew it?

00:05:00.800 Okay, fine.

00:05:01.520 Just let me know we have that call.

00:05:03.300 Boris had an amazing call open for you.

00:05:05.560 That's where I held you to the second hour.

00:05:07.360 Boris, you're a deal guy.

00:05:09.180 Before you became a part of President Trump's operation

00:05:13.820 and became the surrogate and all that,

00:05:15.800 you were an investment banker.

00:05:18.420 You worked on deals as a lawyer and as a financier.

00:05:22.620 Walk me through your first take on the situation

00:05:26.720 in Silicon Valley with Silicon Valley Bank, sir.

00:05:32.040 Steve, honored to be with you.

00:05:33.480 Honored to be with the posse.

00:05:34.720 And here's what I'd say.

00:05:35.520 I'd say it stands far beyond Silicon Valley Bank.

00:05:40.000 I mean, if you look at Signature Bank,

00:05:41.520 I mean, that is effectively a New York-focused bank

00:05:45.360 and in some ways it would say a New York-based bank,

00:05:47.680 another bank that's had to close.

00:05:49.140 And now there's been, again, effectively a complete bailout

00:05:53.900 of all the deposits in both banks.

00:05:56.260 We're talking into the hundreds and hundreds and hundreds

00:05:58.220 of billions of dollars.

00:06:01.360 The issue here is not these two banks.

00:06:03.680 The issue here is the lot,

00:06:06.140 is the complete and total destruction

00:06:08.900 of the true strength of the American economy.

00:06:12.220 If anybody thinks that we're anywhere close

00:06:14.020 to where we were as a country,

00:06:15.960 50, 30, 20, 10,

00:06:20.200 or when President Trump was in office three years ago,

00:06:23.460 you're absolutely kidding yourself.

00:06:25.880 You're fooling yourself.

00:06:27.240 Because we have a total disaster,

00:06:31.200 a total and absolute disaster

00:06:33.480 going on in our country right now.

00:06:35.200 And it is caused by runaway spending.

00:06:39.320 It is caused by absolutely no adults in the room

00:06:42.420 in the Biden administration.

00:06:44.100 And it is caused by the fact

00:06:45.940 that our economy is becoming more and more dependent

00:06:48.760 on the Chinese Communist Party

00:06:50.240 and doing so because of the Democrats and the Rials.

00:06:53.000 By the way, Biden said,

00:06:55.440 I got a call over and we're going to play in a second.

00:06:56.860 Hang on.

00:06:57.260 But Biden gave an implicit guarantee

00:06:59.820 to $19 trillion of deposits, Boris.

00:07:04.820 We have $600 billion to $800 billion,

00:07:07.200 I think, unrealized losses on banks' portfolios.

00:07:11.480 The entire banking system

00:07:14.220 is collapsed in the three years

00:07:17.640 that Donald Trump's been gone.

00:07:19.440 How did that happen?

00:07:20.260 It happened because there's absolutely nobody.

00:07:25.060 Joe Biden's hopeless, pathetic.

00:07:27.160 There's nobody close to Joe Biden

00:07:28.800 that has any idea on anything that is going on.

00:07:31.920 Literally no clue whatsoever how to handle,

00:07:35.520 forget the country.

00:07:37.840 I wouldn't trust any of these people,

00:07:39.280 including the founder of Call Your Mother Big.

00:07:42.100 I wouldn't trust them to run a supermarket.

00:07:45.000 These people have no talent.

00:07:46.520 All they know how to do is to focus on woke issues

00:07:49.920 that do not matter.

00:07:51.040 That is an absolute and total disaster for our country.

00:07:56.100 I'm going to play this cold open.

00:07:57.600 This happened on Chuck Todd's show today.

00:07:59.500 And I'll be honest,

00:08:00.700 it's one of the most brilliant insights

00:08:04.380 I've seen in this entire mess

00:08:06.880 over the last four or five days.

00:08:09.460 And Chuck Todd was,

00:08:11.220 I don't think NBC and MSNBC is happy.

00:08:13.540 Let's go ahead and play it.

00:08:14.180 I want to start very quickly with banking crisis.

00:08:17.260 Maria Theresa, you were just saying

00:08:18.280 you were surprised you haven't seen Powell

00:08:19.720 or Yellen out more forcefully already.

00:08:23.220 Jay Powell, the Federal Reserve Chair.

00:08:24.440 If you actually, you look at which bank this is,

00:08:26.520 this is the Silicon Valley bank.

00:08:27.900 This is a startup bank.

00:08:28.840 This is also oftentimes the Democratic ATM bank

00:08:31.520 of all those investors.

00:08:33.020 And so the fact that you don't have these individuals,

00:08:35.100 the investors that invest in the people.

00:08:36.740 So the fact that you don't have someone

00:08:38.420 actually talking from the administration

00:08:39.920 and being so forceful,

00:08:41.200 I do think that we're going to see

00:08:42.860 are Republicans saying,

00:08:44.100 oh, you shouldn't bail this one out.

00:08:45.320 And it's going to be, I think,

00:08:46.180 very much on a long political line.

00:08:49.580 Okay.

00:08:50.720 Boris, two things I want to bifurcate.

00:08:52.540 First off, she makes a very insightful comment.

00:08:55.900 You don't see Yellen and Powell.

00:08:58.280 They rolled out Biden for three minutes.

00:09:01.180 They say he's coming to address the nation

00:09:03.040 before the markets open.

00:09:04.140 I had everybody, okay, here's what he's going to.

00:09:05.960 He was, it was three minutes,

00:09:08.060 read it off the proper for three minutes,

00:09:09.940 then gone.

00:09:10.340 You don't see Yellen and Powell

00:09:13.220 out pushing and trying to sell this deal

00:09:15.900 because they know it's a bailout

00:09:17.980 and they don't want to be caught in a lie.

00:09:20.320 Don't you find that odd

00:09:21.720 that Treasury and the Fed

00:09:23.160 are not out trying to push this deal

00:09:25.960 and sell it to the American people, sir?

00:09:29.180 Of course it's odd, Steve.

00:09:31.240 It's odd, but it is in no way surprising.

00:09:34.440 What is going on in our country

00:09:35.780 is that our so-called supposed leadership

00:09:38.740 has no interest whatsoever,

00:09:41.340 not even close whatsoever,

00:09:42.800 to solving the actual problems

00:09:45.220 facing our country.

00:09:46.440 And by the way, totally correct.

00:09:48.600 Is S&P a Democrat back?

00:09:50.080 It sure is.

00:09:51.020 And how about that?

00:09:52.080 The bank that's, you know,

00:09:53.480 the new powerhouse bank

00:09:54.840 for, you know,

00:09:56.340 for Democrats

00:09:57.900 that was getting all these write-ups about it.

00:10:00.100 I wonder how that bank's going to be doing

00:10:01.680 in the next several days

00:10:03.040 because I bet

00:10:04.080 that spending money

00:10:05.900 on turning boys into girls

00:10:07.720 and girls into boys

00:10:08.640 and then making sure

00:10:10.620 that Green is governing our country

00:10:12.560 is not going all that well

00:10:14.360 for that bank as well.

00:10:18.520 Boris, the president is in Iowa tonight.

00:10:21.560 We just got some videos.

00:10:22.680 We're going to try to play those.

00:10:23.880 Very powerful.

00:10:24.680 Why is President Trump

00:10:26.240 going to Iowa for his first trip

00:10:27.960 and what is he going to do?

00:10:30.680 President Trump is continuing

00:10:31.880 to deliver the message

00:10:32.760 that he's the leader

00:10:34.080 that this country needs.

00:10:35.740 He's the leader

00:10:36.460 which stands for bringing our country.

00:10:40.200 Make America Great

00:10:40.980 is not just a slogan.

00:10:42.820 It is a mission statement.

00:10:45.540 It is a way of life.

00:10:47.420 It is a full focus

00:10:48.680 of President Trump

00:10:49.500 and those of us

00:10:50.180 who are honored

00:10:50.980 to be working for him.

00:10:52.360 And while the Democrats

00:10:53.500 and Rhino Republicans

00:10:55.140 are focused on

00:10:56.380 tearing our country down,

00:10:58.000 President Trump is focused

00:10:58.920 on talking to the people

00:10:59.780 and the issues that matter.

00:11:01.460 Everything from farming

00:11:02.600 to, of course, ethanol

00:11:03.980 but also broader

00:11:05.540 to the border,

00:11:06.440 every town of Border Town

00:11:07.540 to energy,

00:11:08.700 making sure people

00:11:09.300 can afford

00:11:09.900 their tank of gas.

00:11:11.780 And yes,

00:11:12.500 to banks

00:11:13.040 and making sure

00:11:13.920 they are able to,

00:11:15.480 without spending

00:11:16.520 23 trillion more dollars,

00:11:18.940 be secure

00:11:19.660 and safe

00:11:20.320 in their own

00:11:21.500 banking system.

00:11:22.600 Because right now,

00:11:23.660 what we have going on

00:11:24.640 in this country

00:11:25.100 is a total destruction

00:11:26.240 of America,

00:11:27.340 a lot of America.

00:11:28.320 And it is extremely,

00:11:29.980 extremely troubling.

00:11:30.820 We talked about

00:11:33.280 managed decline

00:11:34.040 of our country.

00:11:34.820 I want you to connect

00:11:36.160 three dots to me.

00:11:37.860 The poor folks

00:11:38.740 in Ukraine,

00:11:39.480 I think it's the bloodiest

00:11:40.440 weekend of the war

00:11:41.340 as they are just,

00:11:42.460 Russia and the Ukrainians

00:11:44.260 are just going pound

00:11:45.160 for pound

00:11:45.740 on missile attacks,

00:11:47.400 artillery attacks

00:11:48.200 around Bakhmut.

00:11:49.220 I think I heard

00:11:50.020 the highest casualties

00:11:50.860 of the entire war.

00:11:52.680 Somewhere I read

00:11:53.340 it might be as many

00:11:54.020 as 1,500 troops,

00:11:55.760 not even civilians,

00:11:56.600 on both sides,

00:11:57.380 combined on both sides

00:11:58.300 as they unleash

00:11:59.060 each other,

00:11:59.580 artillery barrages,

00:12:00.980 rocket barrages.

00:12:02.160 You've got Ukraine,

00:12:03.400 you've got El Paso

00:12:04.420 where you had

00:12:05.380 the illegal aliens

00:12:08.400 surge at the port

00:12:09.920 of entry,

00:12:10.740 2,000 military-age men

00:12:13.840 from Venezuela,

00:12:15.220 and then you had

00:12:15.760 Silicon Valley.

00:12:16.580 Connect those dots.

00:12:17.740 Is America

00:12:18.900 in managed decline

00:12:19.820 by our elites

00:12:20.340 or are we in a free fall

00:12:21.180 right now?

00:12:22.700 A free fall.

00:12:23.940 And, you know,

00:12:24.280 when they said,

00:12:24.740 well, why are you

00:12:25.260 yelling out front?

00:12:26.260 I'll tell you,

00:12:26.780 the last time I saw

00:12:27.520 Janet Yellen speak,

00:12:28.300 and so she was

00:12:29.200 halfway around

00:12:29.740 the world in Ukraine.

00:12:31.020 And I bet you

00:12:31.580 that bank,

00:12:32.120 Amalgamated Bank,

00:12:33.200 had something to do

00:12:33.880 with paying her money

00:12:34.660 to go over that,

00:12:35.800 you know,

00:12:36.100 whether it's directly,

00:12:37.180 whether it's

00:12:37.580 through donations,

00:12:38.780 who knows?

00:12:40.300 So if you look at it,

00:12:41.640 the continued funding

00:12:43.320 for Ukraine

00:12:44.360 by the Treasury,

00:12:46.100 the continued festering

00:12:49.920 of the fire

00:12:50.960 surrounded by nuclear reactors

00:12:52.800 in Ukraine,

00:12:53.880 it is deeply unacceptable.

00:12:56.300 And then you have

00:12:56.920 banks failing,

00:12:57.880 America's not able

00:12:59.500 to access their money

00:13:01.420 without a $20 trillion

00:13:04.020 guarantee from the

00:13:05.700 federal government

00:13:06.380 while we're funding

00:13:07.460 Ukraine and borrowing

00:13:09.540 more and more money

00:13:10.300 from the Chinese

00:13:10.860 Communist Party.

00:13:12.020 America is in free fall,

00:13:13.480 and that's why we need

00:13:14.100 President Trump

00:13:14.800 back as soon as possible

00:13:16.320 because look what we were

00:13:17.580 just three years ago.

00:13:18.920 We were down,

00:13:19.560 before COVID,

00:13:21.160 and yes,

00:13:21.580 after COVID,

00:13:22.520 after President Trump

00:13:23.280 got us through

00:13:23.720 the worst of COVID,

00:13:24.380 dominating financially,

00:13:26.320 dominating militarily,

00:13:27.920 dominating on the world stage

00:13:29.040 and domestically.

00:13:29.760 And right now,

00:13:30.460 we are an absolute embarrassment.

00:13:32.560 How do you think

00:13:33.600 the mullahs in Iran,

00:13:35.140 the Chinese Communist Party,

00:13:36.480 and yes,

00:13:36.720 Vladimir Putin,

00:13:37.640 how do you think

00:13:38.280 they're looking at the failure

00:13:40.300 of the Democrats'

00:13:41.720 second or first favorite

00:13:42.760 bank between

00:13:43.260 S&P and Amalgamated?

00:13:44.440 They're looking at it

00:13:45.600 and saying

00:13:46.040 that this is a total

00:13:47.520 and complete embarrassment.

00:13:49.160 And by the way,

00:13:49.980 subtle news today,

00:13:50.840 James Comer

00:13:51.500 has subpoenaed

00:13:52.880 financial information

00:13:53.880 from Bank of America

00:13:54.700 for all of the associates

00:13:56.420 of the Biden crime family.

00:13:59.180 Accountability is here,

00:14:00.840 and accountability

00:14:01.460 is not going to be pretty

00:14:02.860 for the Bidens

00:14:03.760 and their comrades.

00:14:06.280 Yeah,

00:14:06.840 when you start

00:14:07.320 getting bank records,

00:14:08.780 you're looking to do

00:14:09.480 a deep dive for us.

00:14:10.980 By the way,

00:14:11.460 tonight we are going

00:14:12.420 to live stream,

00:14:13.080 I think Real America's Voice

00:14:14.480 will be covering it.

00:14:15.060 We're going to pick it up

00:14:15.900 on their coverage

00:14:17.700 on Getter,

00:14:19.480 the Savage Angels,

00:14:20.720 Jane Zirkle,

00:14:21.980 Grace Chung,

00:14:23.640 Maureen Bannon

00:14:24.300 are going to be doing coverage.

00:14:25.620 I'll jump into the live chat.

00:14:26.920 I want to make sure

00:14:27.300 everybody we're covering

00:14:28.140 President Trump

00:14:29.240 all the wall.

00:14:30.200 Boris,

00:14:30.540 how do people get to you?

00:14:33.780 Because I think now,

00:14:34.660 particularly people

00:14:35.240 interested in the campaign

00:14:36.240 need to get your morning newsletter

00:14:37.940 and need to follow you

00:14:39.800 on social media.

00:14:41.560 Steve,

00:14:42.120 an honor to be with you.

00:14:43.020 And again,

00:14:43.340 I want to point to something

00:14:43.980 that I don't think

00:14:44.440 has been discussed.

00:14:45.520 What is going to happen

00:14:46.380 to that bank,

00:14:47.000 that amalgamated bank,

00:14:48.040 that talks about

00:14:48.720 all political organizations

00:14:50.360 and donating to Democrat causes?

00:14:53.940 If SVD is an older

00:14:55.380 Democrat bank,

00:14:56.220 it's going to be very telling

00:14:58.020 to see what happens

00:14:58.800 to amalgamate

00:14:59.360 and just how hard

00:15:00.240 the complete corrupt Democrats

00:15:02.720 work to shore it up.

00:15:04.960 Keep an eye on that.

00:15:06.320 On broader,

00:15:07.040 all eyes on Iowa tonight,

00:15:08.160 my information,

00:15:09.100 the website is

00:15:09.660 boroscp.com,

00:15:10.540 hop on boroscp.com,

00:15:11.960 hop on getter at boroscp.

00:15:13.420 Twitter at boroscp.com,

00:15:14.460 hop on true social

00:15:15.060 at borosc,

00:15:15.600 the hottest on the gram,

00:15:17.020 boros underscore epstein.

00:15:18.460 Stay strong,

00:15:19.060 God bless all offense,

00:15:19.960 and I'll talk to you tomorrow.

00:15:23.180 Boris, thank you.

00:15:23.900 Not yours.

00:15:24.400 What I want to do,

00:15:25.200 we got one for Joanne,

00:15:26.160 but I want to go back

00:15:26.940 and play the one

00:15:27.560 we just played for Boris

00:15:28.460 because I want to

00:15:29.000 break this down

00:15:29.980 for the audience

00:15:30.560 and make sure

00:15:31.040 that they fully understand

00:15:33.060 what we're talking about.

00:15:33.520 Let's go ahead and play

00:15:34.000 the cold over for Boris

00:15:34.900 that night.

00:15:36.040 I want to start very quickly

00:15:37.180 with banking crisis.

00:15:38.040 Maria Teresa,

00:15:38.480 you were just saying

00:15:39.060 you were surprised

00:15:39.760 you haven't seen

00:15:40.240 Powell or Yellen

00:15:41.640 out more forcefully already.

00:15:43.980 Jay Powell,

00:15:44.420 the Federal Reserve Chair.

00:15:45.200 If you actually,

00:15:45.740 you look at which bank this is,

00:15:47.300 this is the Silicon Valley Bank.

00:15:48.680 This is a startup bank.

00:15:49.620 This is also oftentimes

00:15:50.620 the Democratic ATM bank

00:15:52.300 of all those investors.

00:15:53.800 And so the fact

00:15:54.500 that you don't have

00:15:55.220 these individuals,

00:15:55.880 the investors that invest

00:15:56.960 in the people,

00:15:57.540 so the fact that

00:15:58.440 you don't have someone

00:15:59.200 actually talking

00:15:59.880 from the administration

00:16:00.560 and being so forceful,

00:16:01.960 I do think that

00:16:02.480 we're going to see

00:16:03.640 our Republicans saying,

00:16:04.880 oh, you shouldn't

00:16:05.240 bail this one out.

00:16:06.100 And it's going to be,

00:16:06.820 I think,

00:16:06.960 very much on a long

00:16:07.820 political line.

00:16:10.400 How did this bank,

00:16:11.800 which started out,

00:16:13.100 I think in the 80s,

00:16:14.720 over a poker game

00:16:15.700 or something,

00:16:16.040 that should do it,

00:16:16.660 how did it become

00:16:17.360 such a powerhouse?

00:16:18.200 How did it become

00:16:18.580 the 16th largest bank

00:16:19.740 in the nation?

00:16:20.180 And how did it become,

00:16:21.620 even punched much higher

00:16:22.780 above their weight than that?

00:16:24.260 Part of this ties to

00:16:25.660 Nancy Pelosi

00:16:27.180 and money

00:16:28.220 and venture capital

00:16:29.040 private equity

00:16:29.740 and hedge funds

00:16:30.520 in the Bay Area,

00:16:32.620 Silicon Valley,

00:16:33.460 and then, of course,

00:16:34.060 San Francisco.

00:16:35.620 And when Nancy Pelosi

00:16:36.400 was elected to Congress,

00:16:37.580 remember,

00:16:37.820 she kind of won,

00:16:38.640 I think somebody passed away,

00:16:39.760 she ran a primary,

00:16:40.620 she won the seat,

00:16:41.760 I think she first time

00:16:43.020 was against,

00:16:43.440 I don't know,

00:16:43.720 18 or 19 people.

00:16:45.040 She was kind of

00:16:45.780 a fire-breathing

00:16:46.600 anti-CCP.

00:16:48.020 This was around

00:16:48.480 Tiananmen Square.

00:16:49.380 She was very anti

00:16:50.240 the CCP,

00:16:51.680 what they had done.

00:16:52.840 I think she had

00:16:53.520 a number of Asian Americans

00:16:54.760 in her district

00:16:55.640 and she was a real

00:16:56.440 fire-breather.

00:16:57.740 And Nancy Pelosi,

00:16:58.260 I think she had been

00:16:59.060 on a school board

00:16:59.920 or she was very

00:17:00.440 interested in education

00:17:01.380 through her children

00:17:02.100 and, you know,

00:17:02.720 it was kind of

00:17:03.100 you're going to be

00:17:03.980 your classic backbencher.

00:17:06.180 The rise of Nancy Pelosi

00:17:07.780 and the rise of

00:17:08.320 Silicon Valley Bank

00:17:09.780 to be powerhouses

00:17:10.460 are both because

00:17:11.580 of the massive tech surge

00:17:13.420 in the Clinton administration

00:17:15.640 and then all the way

00:17:16.640 through to today

00:17:18.080 where really Silicon Valley

00:17:19.320 went to become

00:17:20.320 a major driver,

00:17:21.420 if not the major driver,

00:17:22.720 of the American economy.

00:17:24.020 What Nancy Pelosi

00:17:24.720 thought of

00:17:25.480 was to shake down

00:17:27.960 the investment banks

00:17:29.280 in San Francisco

00:17:31.180 and the venture capitalists

00:17:33.340 on Sand Hill Road

00:17:34.240 or down in Palo Alto.

00:17:35.280 Nobody really hit them up

00:17:36.320 for donations before.

00:17:37.940 People would always

00:17:38.480 go to New York,

00:17:39.200 they'd go to Palm Beach,

00:17:40.000 they'd go to L.A.

00:17:41.360 They would go,

00:17:42.100 you know,

00:17:42.320 they'd go hit the oil guys

00:17:43.520 down in Dallas.

00:17:44.680 Nobody had systematically

00:17:46.620 shaken down

00:17:48.200 the new money,

00:17:49.480 the new establishment,

00:17:50.520 the new oligarchs.

00:17:51.340 And that would be

00:17:51.800 the venture capitalists

00:17:52.920 on what's called

00:17:53.420 Sand Hill Road

00:17:54.320 down there in Palo Alto

00:17:56.000 and also the four horsemen

00:17:57.800 with these smaller

00:17:58.420 investment banks,

00:17:59.260 Robertson Stevens,

00:18:00.120 Montgomery Securities,

00:18:01.520 the four horsemen

00:18:02.320 of these investment banks

00:18:04.580 that were there

00:18:05.060 taking all these IPOs.

00:18:06.620 That's what Nancy Pelosi

00:18:07.320 remember later,

00:18:07.940 Peter Schweitzer did the book

00:18:09.020 talking about

00:18:10.260 all these elites

00:18:11.020 that had been kissed

00:18:12.220 into these deals.

00:18:13.140 She would get friends

00:18:13.760 and family a stock,

00:18:15.480 which is the way

00:18:16.400 the investment banks

00:18:17.180 make their clients money.

00:18:18.560 They kiss you

00:18:19.280 into a friends and family

00:18:20.300 round in venture capital.

00:18:21.580 Then they give you

00:18:22.040 some other equity

00:18:22.780 as these things get

00:18:24.720 a deal priced out

00:18:26.180 to our IPO

00:18:26.800 and then they throw

00:18:27.320 some extra stock

00:18:28.040 in for the IPO.

00:18:29.300 IPO is launched,

00:18:30.280 you're in the shoe,

00:18:31.020 bang,

00:18:31.380 you get to blow out

00:18:32.200 at the IPO price,

00:18:33.600 you keep some other money later.

00:18:34.760 But this is how her husband,

00:18:36.680 who was no,

00:18:37.460 you know,

00:18:37.680 he's not an investment genius.

00:18:39.040 I think he ran a,

00:18:40.080 I think he ran like

00:18:40.780 a car service,

00:18:41.700 like a charging rider,

00:18:42.880 like a Uber service

00:18:44.060 back in those days.

00:18:45.320 And remember,

00:18:45.700 because Nancy Pelosi's

00:18:46.740 father is the mobbed up

00:18:48.640 mayor of Baltimore,

00:18:50.080 my mom's hometown.

00:18:52.940 Nancy Pelosi's from there,

00:18:54.860 but she made a fortune,

00:18:56.860 made herself very rich.

00:18:58.040 But more importantly,

00:18:58.780 I think it was billions

00:18:59.640 of dollars.

00:19:00.680 She became,

00:19:01.360 her rise to power

00:19:02.500 was directly related

00:19:03.940 to her ability

00:19:05.100 to raise money.

00:19:06.180 Silicon Valley banks

00:19:07.000 started small,

00:19:07.660 but then they came up

00:19:08.440 with this thing

00:19:09.520 called venture lending,

00:19:10.900 right?

00:19:11.160 And all this is a scam.

00:19:12.660 In other words,

00:19:13.040 the venture capitalist

00:19:13.760 puts in money

00:19:14.380 in back of the company,

00:19:15.140 like the payroll company

00:19:16.040 you saw in the earlier hour.

00:19:17.720 They put equity in,

00:19:19.840 but they don't want

00:19:20.300 to put too much in

00:19:20.980 because it makes it

00:19:21.720 harder to get return.

00:19:23.160 It makes it harder

00:19:23.880 to get a juiced up

00:19:24.820 return on equity.

00:19:26.160 You always want leverage

00:19:27.020 in a deal,

00:19:27.440 like in a real estate deal.

00:19:28.440 Your mortgage is leveraged

00:19:29.760 or an LBO

00:19:30.520 where you're,

00:19:31.060 you're borrowing

00:19:31.940 as much money

00:19:32.800 as you possibly can

00:19:33.560 against the bricks

00:19:34.180 and mortar business,

00:19:34.880 against the cashflow,

00:19:35.700 because then you can

00:19:36.360 multiply your,

00:19:38.520 this leverage

00:19:39.200 gives you the ability

00:19:39.820 to multiply your returns.

00:19:41.660 The same in,

00:19:42.340 in venture capital

00:19:43.400 through Silicon Valley Bank

00:19:44.680 where they had these

00:19:45.300 essentially bogus

00:19:47.480 venture loans,

00:19:48.800 which is essentially

00:19:49.640 just lending

00:19:50.440 to the venture capitalists

00:19:52.240 the money of the depositors,

00:19:54.260 which much of the time

00:19:55.300 was kind of their cash

00:19:56.320 to make sure

00:19:57.040 they could juice the returns

00:19:58.060 so they didn't have

00:19:58.600 to put in 10 main of equity,

00:20:00.420 we'll put in six

00:20:01.220 and we'll borrow four in venture

00:20:02.560 and also made it

00:20:03.400 less dilutive

00:20:04.380 for the management team.

00:20:05.560 So the,

00:20:05.800 the cool kids table

00:20:07.540 in,

00:20:08.320 in,

00:20:08.900 in Silicon Valley,

00:20:09.780 that's what it was,

00:20:10.280 like the cool kids table

00:20:11.220 in high school.

00:20:11.900 They had insiders

00:20:12.980 and insiders deals.

00:20:13.920 In fact,

00:20:14.760 they gave them

00:20:15.240 all these mortgages

00:20:16.300 because obviously

00:20:17.240 the real estate prices

00:20:18.140 exploded up there.

00:20:19.080 They give them

00:20:19.440 under market mortgages.

00:20:21.160 They would give them

00:20:21.680 ability to buy

00:20:22.760 additional stock

00:20:23.580 with the ability

00:20:24.640 to margin their stock

00:20:25.780 and give them loans.

00:20:27.240 This was an entire system.

00:20:28.960 And then the other thing,

00:20:30.260 what the young woman

00:20:31.520 analyst said

00:20:32.420 on Chuck Todd,

00:20:33.580 it was an ATM

00:20:34.460 because this is where

00:20:35.820 all the,

00:20:36.340 this is where all

00:20:36.820 the Democrats hung out.

00:20:38.280 This was the oligarchs bank.

00:20:39.740 What you had here

00:20:40.900 was the oligarchs bank

00:20:41.920 and they used it like that.

00:20:43.300 And so to know

00:20:44.880 and to go through

00:20:45.900 of what we know now,

00:20:47.640 this,

00:20:48.100 remember,

00:20:48.260 most commercial banks

00:20:49.400 should have a three times leverage,

00:20:51.080 four times leverage,

00:20:51.800 five times leverage.

00:20:52.900 I don't know,

00:20:53.480 maybe six.

00:20:54.460 I'm old school.

00:20:55.380 Investment banks,

00:20:56.760 eight to one,

00:20:58.120 you know,

00:20:58.300 10 to eight to one,

00:20:59.540 you know,

00:21:00.180 you're even getting dicey there.

00:21:01.880 In the financial crisis

00:21:03.420 of 20,

00:21:04.940 of 2008,

00:21:06.720 remember the criticism

00:21:07.660 that the investment banks

00:21:08.680 were up to 20 leverage,

00:21:09.960 20 to one,

00:21:10.760 25 to one,

00:21:11.500 some 30 to one,

00:21:12.340 I think 135 to one.

00:21:14.120 The leverage on this bank,

00:21:15.620 a commercial bank,

00:21:16.460 supposedly was 185 to one.

00:21:19.000 This bank has been insolvent

00:21:20.340 since at least

00:21:21.920 the fourth quarter

00:21:22.600 of last year.

00:21:23.340 And yet they let it,

00:21:24.340 they let it,

00:21:25.220 they let it operate.

00:21:27.460 So,

00:21:28.040 and you see why

00:21:28.920 this is a democratic regime

00:21:31.180 and they run

00:21:32.400 with an iron fist.

00:21:33.240 Of course,

00:21:33.540 California is,

00:21:34.280 is new Gavin Newsom.

00:21:35.560 who's the,

00:21:36.220 what,

00:21:36.420 the nephew

00:21:36.860 of Nancy Pelosi.

00:21:38.560 These people know

00:21:39.320 how the system works.

00:21:40.580 They're total insiders

00:21:41.780 and you're a total

00:21:43.060 and complete outsider.

00:21:44.660 One of the reasons

00:21:45.080 we have this show

00:21:45.720 is try to make sure

00:21:46.820 that you have

00:21:47.380 the information

00:21:48.080 and the access

00:21:48.720 and the,

00:21:49.280 and the,

00:21:50.760 and the,

00:21:51.220 and the structure

00:21:51.940 of,

00:21:52.940 of process,

00:21:54.300 processes

00:21:54.980 and critical paths

00:21:56.860 so that you kind of

00:21:57.780 know what's going down.

00:21:58.720 This is a total

00:21:59.820 100% scam.

00:22:01.180 There's no doubt about it.

00:22:01.960 And you're paying

00:22:02.620 the ticket,

00:22:03.100 but it is,

00:22:03.980 the yesterday they went

00:22:04.560 and said,

00:22:04.800 we're not going to give,

00:22:05.780 we're not going to give

00:22:07.080 bailouts.

00:22:08.160 Remember?

00:22:08.720 And that's for the David Sachs

00:22:10.240 of the world

00:22:10.600 and the venture capital

00:22:11.440 of the oligarchs,

00:22:12.060 that wasn't good enough.

00:22:12.820 They needed rock solid guarantees.

00:22:14.780 And today,

00:22:15.780 they guaranteed

00:22:16.860 the $150 billion,

00:22:20.440 $150 billion

00:22:22.020 that are,

00:22:23.540 that are deposits

00:22:25.420 that are uninsured deposits.

00:22:28.100 Now,

00:22:28.540 the question is,

00:22:29.240 how did they go?

00:22:29.780 I heard their cash

00:22:30.700 went from $42 billion

00:22:31.780 down to negative

00:22:32.520 one the other day.

00:22:33.340 We've got to figure out

00:22:34.040 how much cash

00:22:34.900 on the balance sheet.

00:22:35.700 The reason this bank

00:22:36.800 wasn't sold

00:22:37.560 to one of the bigger,

00:22:38.720 more sophisticated

00:22:39.280 financial institutions

00:22:40.440 over the weekend,

00:22:40.940 JPMorgan said we're out,

00:22:41.980 PNC said we're out,

00:22:42.940 others said we're out,

00:22:43.740 is that people can't make

00:22:46.220 head and tails

00:22:46.700 of what's going on here.

00:22:48.620 This is all directly,

00:22:50.800 directly related

00:22:51.660 to the Biden regime's,

00:22:53.720 to the Biden regime's

00:22:54.780 economic policies,

00:22:55.880 the Biden regime's,

00:22:57.100 the maniacal madness

00:22:59.440 of this spending,

00:23:00.900 of what they've added

00:23:01.600 to the national debt.

00:23:02.400 But this ties back

00:23:03.300 to why the debt crisis

00:23:04.640 is so important,

00:23:05.780 and particularly

00:23:06.300 the debt ceiling,

00:23:07.600 and why your voice

00:23:08.440 is so important.

00:23:10.360 And you've got to call

00:23:11.720 your congressman.

00:23:12.460 In fact,

00:23:12.720 I want to make sure

00:23:13.180 everybody's got the number.

00:23:14.800 The number up here

00:23:15.700 is to be,

00:23:16.160 was it two,

00:23:17.620 I'll get this number

00:23:18.460 from earlier today.

00:23:20.040 It's 202.

00:23:21.800 If I can just go down,

00:23:23.300 202,

00:23:24.100 was it 225-3121,

00:23:26.680 is the Senate.

00:23:27.500 That's 202.

00:23:28.460 I remember that.

00:23:29.700 I'm not getting too old

00:23:30.380 for this game.

00:23:31.020 My producers always

00:23:31.860 give me stink eye

00:23:32.560 like I'm some old man.

00:23:34.520 202-225-3121.

00:23:38.020 That's the switchboard

00:23:38.840 for the Senate.

00:23:39.400 You've got all the

00:23:39.820 collaborationists over there,

00:23:41.040 the 18 collaborationists.

00:23:42.500 They're there with Mitch McConnell.

00:23:44.520 202-225-3121.

00:23:46.800 Give them a piece of your mind.

00:23:48.040 And 202-202-224-3121

00:23:52.120 is the House.

00:23:53.300 And you've got to ask

00:23:54.000 these guys,

00:23:54.400 say, look,

00:23:54.940 you need to step up here.

00:23:56.940 This is a Democratic ATM.

00:23:58.460 First off,

00:23:58.900 it would be horrible

00:24:00.000 if it wasn't a Democratic ATM.

00:24:02.660 It would be absolutely awful

00:24:03.700 and it should not happen.

00:24:05.040 They didn't bail out

00:24:05.720 the people in East Palestine.

00:24:07.440 You saw the hearing

00:24:08.260 in Yuma last week

00:24:09.640 with the hospital

00:24:10.860 with 26 million in debt

00:24:11.920 because the illegal aliens

00:24:13.040 are using them.

00:24:13.420 They can't get paid back.

00:24:14.640 You heard about

00:24:15.200 the education system.

00:24:16.380 You heard about

00:24:16.820 the law enforcement system.

00:24:18.320 You heard about

00:24:19.140 the healthcare system

00:24:21.040 that's collapsing.

00:24:22.680 They ain't bailing out Yuma.

00:24:24.460 They certainly are not

00:24:25.360 bailing out East Palestine, Ohio.

00:24:27.380 Okay?

00:24:28.300 They're not bailing out El Paso

00:24:30.200 right now.

00:24:31.340 You saw the,

00:24:32.380 really, the invasion

00:24:33.600 yesterday.

00:24:34.200 Couldn't have been more

00:24:34.720 in your face.

00:24:35.260 People demanding,

00:24:36.040 hey, we heard

00:24:36.700 that you're going to let us in.

00:24:38.280 And you don't have a choice.

00:24:39.160 You don't have a country.

00:24:39.960 You don't really have sovereignty.

00:24:41.100 We're going to come in.

00:24:41.640 We're 2,000 military age

00:24:43.300 males from Venezuela

00:24:45.140 and we're coming in.

00:24:46.060 I wonder how many

00:24:47.380 of those guys

00:24:48.060 came from the prisons

00:24:48.920 that they're opening up.

00:24:49.780 How many bad guys?

00:24:50.600 How many,

00:24:50.740 how many agents

00:24:52.980 of disruption

00:24:53.940 are in that group?

00:24:55.120 Right?

00:24:55.260 I'm sure they're all

00:24:55.840 choir boys.

00:24:56.900 Right?

00:24:57.320 You see the destruction

00:24:58.480 everywhere.

00:24:58.960 And where's Janet Yellen been?

00:25:00.860 Instead of overseeing

00:25:02.660 and regulating these banks

00:25:04.040 and being on top of things,

00:25:05.700 she's schlepping over

00:25:07.540 to Ukraine

00:25:08.640 and some big photo op

00:25:09.700 would put,

00:25:10.400 you know,

00:25:10.660 she's walking down

00:25:11.560 with the roses.

00:25:12.100 She's got the big

00:25:12.720 crocodile tears coming down.

00:25:14.240 We don't want to see any of that.

00:25:15.500 That's of no interest to us.

00:25:17.020 That's of interest

00:25:17.560 to the Ukrainian people

00:25:18.400 and not talking about

00:25:19.660 their courage

00:25:20.180 and their valor

00:25:20.740 and other people

00:25:21.800 want to go over there.

00:25:22.300 It's fine.

00:25:22.580 Your Secretary of Treasury

00:25:23.720 of the United States of America

00:25:24.680 for you to go over

00:25:25.680 and sit there

00:25:26.700 and guarantee

00:25:27.240 their pension funds

00:25:28.520 and guarantee

00:25:29.160 their health care

00:25:30.440 payments,

00:25:31.680 guarantee their government

00:25:32.740 with $5 billion cash

00:25:33.980 a month

00:25:34.360 and you do not

00:25:36.020 go to East Palestine

00:25:37.900 and talk to those folks.

00:25:39.140 You don't go to Yuma, Arizona

00:25:40.200 and talk to those folks.

00:25:41.620 You're disgusting.

00:25:42.800 It's the reason we find you

00:25:43.880 revolting and disgusting

00:25:45.300 because guess what?

00:25:46.820 You are revolting

00:25:47.740 and disgusting.

00:25:48.840 And then what you do

00:25:50.120 is you set up this sham

00:25:51.260 that even you yesterday,

00:25:52.760 the Financial Times

00:25:53.500 of London quoted,

00:25:54.260 you dismissed bailouts.

00:25:56.860 You dismissed bailouts

00:25:58.380 of SPV

00:25:59.120 and then you lied

00:26:00.060 because you bailed them out.

00:26:02.200 First off,

00:26:02.780 it's impossible.

00:26:03.520 It's $150 billion

00:26:04.640 of deposit,

00:26:05.640 uninsured deposits right there.

00:26:06.900 You don't have $100 billion

00:26:07.740 in the FDIC.

00:26:09.640 I think it's $100,

00:26:10.300 $125 about there.

00:26:11.880 You're going to have

00:26:12.520 to jack up fees

00:26:13.360 to everybody in the nation

00:26:14.340 at their banks

00:26:15.220 to pay for it.

00:26:15.980 It's a bailout.

00:26:16.860 It's 100% bailout.

00:26:18.080 And you look the people

00:26:18.860 in the eye

00:26:19.200 and you lie to them.

00:26:21.360 We're going to take

00:26:21.840 a short commercial break.

00:26:22.660 We've got a lot more

00:26:23.240 to get to

00:26:23.740 and we're going to get to it all.

00:26:25.200 Joe Allen's going to join.

00:26:26.020 We're also going to talk about

00:26:27.120 the economists finally

00:26:28.520 caught up to the war room,

00:26:30.120 a special edition

00:26:31.120 on the coming struggle

00:26:32.660 in the war over

00:26:33.460 Taiwan.

00:26:34.020 We're going to talk about that.

00:26:34.800 We talked to a brilliant

00:26:35.620 young woman today,

00:26:36.440 Cleo Paschal.

00:26:37.540 That was just

00:26:38.060 absolutely amazing.

00:26:39.400 We're going to get to all that.

00:26:40.720 We've got a lot to do

00:26:41.820 and not a lot of time

00:26:43.200 to do it.

00:26:43.700 On the last half hour

00:26:45.480 of the early evening,

00:26:47.420 I guess the late afternoon

00:26:48.700 or early evening show

00:26:49.600 here in the war room.

00:26:50.460 We'll be back in a moment.

00:26:51.140 Americans have had it.

00:27:00.480 They're done supporting

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00:31:26.120 The electronic

00:31:27.160 it's going to involve

00:31:29.120 a vocabulary

00:31:29.740 and instrumentation

00:31:31.480 that is just as new

00:31:32.560 to me

00:31:32.960 as the printing press

00:31:34.200 was when Gutenberg

00:31:35.120 came along

00:31:35.840 a few hundred years ago

00:31:37.240 and said,

00:31:37.620 hey,

00:31:38.200 do you know

00:31:38.740 that you can turn

00:31:39.520 on to God

00:31:40.360 with a printed word?

00:31:42.540 Electronics

00:31:43.060 is going to be

00:31:45.060 the language

00:31:45.660 of the theology

00:31:47.480 of the future.

00:31:48.460 It may be

00:31:48.920 that we're heading

00:31:49.540 for an Orwellian world

00:31:50.660 in which IBM

00:31:51.440 itself will be

00:31:52.960 will assume

00:31:53.800 some sort of

00:31:54.360 metaphysical reality

00:31:55.320 but I say

00:31:55.820 that if that happens

00:31:57.220 we will have lost

00:31:58.760 whatever it is

00:31:59.640 that makes civilization

00:32:00.840 take any meaning at all.

00:32:02.140 I don't think it's that easy

00:32:02.820 to form new religions.

00:32:04.260 Well, I've been

00:32:04.880 an admirer of Aleister Crowley.

00:32:06.460 I think that

00:32:06.980 I'm carrying on

00:32:07.900 much of the work

00:32:08.620 that he started

00:32:10.360 over a hundred years ago

00:32:11.820 and I think

00:32:12.160 the 60s themselves.

00:32:13.580 You know,

00:32:13.800 Crowley said,

00:32:15.080 do what thou wilt

00:32:16.260 shall be the whole of the law

00:32:17.960 under love.

00:32:18.780 It was a very powerful statement.

00:32:20.520 I'm sorry he isn't around now

00:32:21.540 to appreciate

00:32:22.080 the glories that he started.

00:32:23.720 And a warning

00:32:24.220 from Tesla Motors

00:32:25.060 CEO Elon Musk

00:32:26.220 about artificial intelligence

00:32:28.120 which he has called

00:32:29.220 more dangerous

00:32:30.140 than nuclear weapons.

00:32:32.420 Musk spoke

00:32:33.100 at a symposium

00:32:33.880 at MIT.

00:32:36.080 I mean,

00:32:36.500 with artificial intelligence

00:32:37.420 we are summoning

00:32:38.080 the demon.

00:32:39.620 You know,

00:32:39.960 you know those stories

00:32:40.820 where there's the guy

00:32:42.100 with the pentagram

00:32:42.820 and the holy water

00:32:43.520 and he's like,

00:32:44.040 yeah,

00:32:44.180 he's sure he can

00:32:44.700 control the demon.

00:32:46.300 It doesn't work out.

00:32:47.220 I mean,

00:32:48.400 it seems to me

00:32:48.840 some time ago

00:32:49.420 that you could

00:32:51.200 sort of think

00:32:51.680 of humanity

00:32:52.360 as a biological

00:32:53.340 bootloader

00:32:53.960 for digital superintelligence.

00:32:56.300 Well,

00:32:56.780 computers actually

00:32:57.460 are already

00:32:58.080 much smarter

00:32:58.620 than people

00:32:59.360 on so many dimensions.

00:33:00.620 We just keep

00:33:01.020 moving the goalposts.

00:33:02.480 Basically,

00:33:03.080 there's just a smaller

00:33:03.900 and smaller corner

00:33:04.760 of intellectual pursuits

00:33:07.520 that humans

00:33:08.260 are better than computers.

00:33:10.540 and that every year

00:33:12.220 it gets smaller

00:33:13.540 and smaller

00:33:14.440 and soon

00:33:15.780 we will be far,

00:33:16.760 far surpassed

00:33:17.500 in every single way.

00:33:18.860 I don't think

00:33:19.600 artificial intelligence

00:33:21.500 is a threat.

00:33:22.920 People like us,

00:33:24.200 street smart,

00:33:25.060 we're never scared

00:33:25.800 of that.

00:33:26.460 We think it's

00:33:27.200 a great fun

00:33:27.980 and we want

00:33:28.880 to change ourselves

00:33:30.240 to embrace it.

00:33:31.700 I don't know,

00:33:32.080 man,

00:33:32.220 that's like

00:33:32.560 famous last words.

00:33:34.040 It was like

00:33:34.480 ChatGPT's

00:33:35.320 blind version

00:33:37.060 of like

00:33:37.480 throwing the ideals

00:33:38.380 at a place

00:33:38.820 where they were

00:33:39.200 exactly the wrong

00:33:40.040 ideals to solve

00:33:40.760 the problem

00:33:41.240 when the problem

00:33:41.840 is that

00:33:42.300 demon summoning

00:33:43.520 is easy

00:33:44.040 and angel summoning

00:33:45.120 is much harder.

00:33:46.460 Open sourcing

00:33:47.180 all the demon summoning

00:33:48.320 circles is not

00:33:49.060 the correct solution.

00:33:50.280 I'm not even using

00:33:51.300 and I'm using

00:33:52.180 Elon Musk's

00:33:52.900 own terminology here.

00:33:53.940 They talk about

00:33:54.440 AI is summoning

00:33:55.180 the demon,

00:33:55.720 which,

00:33:55.980 you know,

00:33:56.200 not accurate,

00:33:57.080 but,

00:33:57.560 and then the solution

00:33:58.020 was to put a demon

00:33:58.780 summoning circle

00:33:59.440 in every household.

00:34:02.360 Okay,

00:34:02.980 welcome back.

00:34:03.920 By the way,

00:34:04.340 we take great pride

00:34:05.240 here at the War Room

00:34:06.020 and our cold opens

00:34:07.020 in the morning

00:34:07.860 and afternoon show

00:34:08.600 that we pull

00:34:09.680 from,

00:34:10.080 you know,

00:34:10.340 MSNBC and CNN

00:34:11.600 to let you see

00:34:12.380 what people

00:34:12.900 are really thinking

00:34:14.260 about you.

00:34:15.920 At first,

00:34:16.380 when we started

00:34:16.720 doing it,

00:34:17.280 you know,

00:34:17.440 the audience hated it.

00:34:18.220 I can't stand

00:34:18.820 the sound

00:34:19.240 of Rachel Maddow's

00:34:20.220 voice.

00:34:21.180 Now they're addicted

00:34:21.960 to it as we put

00:34:22.760 these together

00:34:23.460 from the financial

00:34:24.200 press,

00:34:24.820 the business press,

00:34:25.960 and of course

00:34:26.340 what's happening

00:34:26.740 in politics.

00:34:27.660 I might say,

00:34:28.600 though,

00:34:28.740 I just want to make

00:34:29.200 sure you know

00:34:29.720 we're not taking

00:34:30.180 credit.

00:34:30.940 The cold opens

00:34:31.600 for Joe Allen

00:34:32.400 are all Joe Allen's

00:34:33.700 own creation.

00:34:34.420 It's not the

00:34:34.800 production team

00:34:35.540 here with the rest

00:34:36.440 of the War Room.

00:34:36.900 Joe does his own

00:34:37.720 work.

00:34:38.760 And I got to tell you,

00:34:39.340 Joe,

00:34:39.660 they are amazing.

00:34:40.820 Every time I watch

00:34:41.820 them,

00:34:42.460 my jaw drops

00:34:43.580 of where you find

00:34:45.180 this amazing footage.

00:34:46.560 They're Timothy Leary,

00:34:47.760 Buckley,

00:34:48.400 and Elon Musk.

00:34:49.560 Talk to me,

00:34:50.000 because I think

00:34:52.080 it was in the

00:34:52.840 August

00:34:53.680 New York Times,

00:34:56.560 the paper of record,

00:34:57.700 our beloved

00:34:58.160 republic,

00:34:59.220 that they're talking

00:34:59.900 about demon summoning

00:35:01.060 and would AI,

00:35:02.020 the vast pit of hell

00:35:03.500 that AI could

00:35:04.600 potentially open up

00:35:05.440 for us.

00:35:06.060 What's going on?

00:35:08.400 You know,

00:35:09.340 Steve,

00:35:09.740 yeah,

00:35:10.040 by the way,

00:35:10.680 I really appreciate

00:35:11.500 the shout out

00:35:12.160 on the cold opens.

00:35:13.720 It's a labor of love

00:35:15.260 except for I hate

00:35:15.920 my material.

00:35:18.260 The New York Times

00:35:19.940 has really become,

00:35:21.220 I think,

00:35:23.180 at least aware

00:35:24.860 of the dangers

00:35:25.720 of AI in a way

00:35:26.740 that it's sane

00:35:28.040 and yet it's tapping

00:35:29.360 into some of the

00:35:30.340 darkest elements

00:35:31.620 that all of these

00:35:33.140 sorts of transhumanists

00:35:34.300 and post-humanists

00:35:35.200 and, of course,

00:35:35.860 the anti-tech crowd

00:35:37.200 has been talking about

00:35:38.500 for a long time.

00:35:39.920 And so,

00:35:40.300 you know,

00:35:40.560 we had Maureen Dowd

00:35:41.700 talking about the possibility

00:35:43.180 of AI sentience.

00:35:44.800 We had the transcript

00:35:46.440 from Kevin Roos

00:35:47.820 who described

00:35:49.700 the Jungian shadow self

00:35:51.460 of being's use

00:35:53.260 of GPT technology.

00:35:56.320 And then yesterday,

00:35:58.220 a pretty astounding article

00:35:59.780 appeared from Ezra Klein

00:36:01.760 who I very rarely see me

00:36:03.800 agreeing with much

00:36:04.700 Ezra Klein has to say

00:36:06.220 outside of his deep knowledge

00:36:08.120 of tech.

00:36:08.720 And he has a deep knowledge

00:36:09.940 of tech.

00:36:10.440 I'll admit that readily.

00:36:12.440 But the title is

00:36:13.860 This Changes Everything.

00:36:15.120 And the first thing

00:36:17.640 I should probably quote

00:36:18.820 from it,

00:36:19.720 he quotes Paul Cristiano

00:36:23.380 who was at OpenAI.

00:36:25.420 He left OpenAI

00:36:26.300 to join the Alignment

00:36:28.640 Research Center,

00:36:30.000 like AI alignment,

00:36:31.240 aligning AI with human interests.

00:36:33.660 And with all of this onrush

00:36:35.280 of artificial intelligence,

00:36:36.760 Paul Cristiano says,

00:36:37.800 the broader intellectual world

00:36:40.380 seems to wildly overestimate

00:36:42.800 how long it will take

00:36:43.980 AI systems

00:36:44.900 to go from

00:36:45.940 large impact

00:36:47.400 on the world

00:36:48.160 to unrecognizably

00:36:51.160 transformed world.

00:36:53.440 This is more likely

00:36:54.660 to be years

00:36:55.420 than decades.

00:36:56.620 And there's a real chance

00:36:58.380 that it's months.

00:37:00.280 Now,

00:37:00.980 I've been seeing

00:37:02.080 a lot of people

00:37:03.520 say this.

00:37:04.520 A lot of them,

00:37:05.300 like Eliezer Yudkowsky

00:37:07.420 who we just heard

00:37:08.100 at the end

00:37:08.420 of that cold open.

00:37:09.980 Also,

00:37:10.740 a number of other

00:37:11.420 transhumanists

00:37:12.200 including Zoltan Isban

00:37:13.500 and others

00:37:13.960 saying that AI

00:37:15.420 is rocketing

00:37:17.280 towards

00:37:18.000 really unpredictable effects.

00:37:20.860 And we've covered

00:37:21.420 that for two years now

00:37:22.980 and it's certainly

00:37:23.540 in that time

00:37:25.040 you can see

00:37:25.960 not just the hype

00:37:27.300 but the actual capability

00:37:29.280 of a lot of these technologies

00:37:30.620 really taking off

00:37:31.680 and then the

00:37:32.160 sudden impact

00:37:33.440 on society

00:37:34.160 being beyond imminent

00:37:35.640 it's now happening.

00:37:37.620 But maybe the most

00:37:38.600 jarring part

00:37:39.420 of that article

00:37:40.420 Steve

00:37:41.020 from Ezra Klein

00:37:42.160 he talks about his

00:37:44.260 he moved to San Francisco

00:37:45.680 years ago

00:37:46.280 he talks to tech people

00:37:47.920 all the time

00:37:48.680 he says that

00:37:50.040 better than science fiction

00:37:51.860 the apt metaphors

00:37:53.520 for what they're doing

00:37:54.400 in technology

00:37:55.060 come from

00:37:55.780 occult texts

00:37:56.800 and he compares it

00:37:58.500 to an act of summoning

00:37:59.840 along with another

00:38:00.580 New York Times writer.

00:38:01.580 And Klein says

00:38:03.920 the coders

00:38:04.640 casting these spells

00:38:06.120 have no idea

00:38:07.300 what will stumble

00:38:08.480 through the portal.

00:38:10.040 And he says

00:38:10.480 that they speak

00:38:11.180 of this freely

00:38:11.940 and he says

00:38:12.940 these coders

00:38:13.660 are not naifs

00:38:14.800 who believe

00:38:15.620 their call

00:38:16.120 can be heard

00:38:16.700 only by angels.

00:38:18.360 They believe

00:38:19.300 they might

00:38:20.200 summon demons.

00:38:22.340 They are calling

00:38:23.220 anyway.

00:38:24.740 And when pressed

00:38:25.700 for why on earth

00:38:27.060 they would risk

00:38:27.960 even just the

00:38:28.860 psychological damage

00:38:29.920 let alone

00:38:30.340 any actual

00:38:30.960 material damage

00:38:31.940 from what

00:38:32.620 artificial intelligence

00:38:33.580 could do

00:38:33.900 to the infrastructure

00:38:34.700 or in warfare

00:38:35.880 or whatever

00:38:36.480 he says

00:38:37.620 that these coders

00:38:39.200 feel they have

00:38:39.980 a responsibility

00:38:40.740 to usher

00:38:41.620 this new form

00:38:42.560 of intelligence

00:38:43.300 into the world.

00:38:45.300 And

00:38:45.500 while they're

00:38:46.840 mostly speaking

00:38:47.920 of this

00:38:48.360 in terms of metaphor

00:38:49.520 not all of them

00:38:50.300 by the way

00:38:50.780 this sort of language

00:38:52.720 and these sorts of

00:38:53.560 ideas have been around

00:38:54.900 for well over

00:38:56.660 a century.

00:38:57.200 You can see it

00:38:58.440 in the old film

00:38:59.340 Metropolis

00:39:00.060 from 1927

00:39:01.340 with the robot

00:39:02.220 and the pentagram

00:39:02.960 and the sort of

00:39:04.100 deep fake virgin

00:39:05.520 and you can see it

00:39:07.560 all the way up

00:39:08.360 through the hippie

00:39:09.460 movement

00:39:09.760 with Terrence McKenna

00:39:10.920 and of course

00:39:11.800 Timothy Leary

00:39:12.800 talking about

00:39:13.760 the connection

00:39:14.260 between the occult

00:39:15.220 and technology.

00:39:16.780 A lot of people

00:39:17.660 in Silicon Valley

00:39:18.400 are also on that page

00:39:19.800 and then of course

00:39:21.420 Elon Musk

00:39:22.140 uses these same

00:39:22.940 metaphors

00:39:23.500 of summoning

00:39:24.400 the demon

00:39:25.060 when he talks

00:39:26.200 about artificial

00:39:26.920 intelligence

00:39:27.560 especially its dangers.

00:39:29.340 So it's a very

00:39:29.860 eerie time Steve

00:39:30.900 and I think

00:39:31.520 that these metaphors

00:39:32.420 are coming to the

00:39:33.100 surface of the culture

00:39:34.000 are very important

00:39:35.260 and for religious people

00:39:36.420 they are

00:39:37.200 extremely important.

00:39:39.440 Yeah.

00:39:40.640 Okay.

00:39:41.300 As we talked about

00:39:42.200 artificial intelligence

00:39:43.140 is just one aspect

00:39:44.260 of the convergence

00:39:45.200 to the singularity

00:39:46.200 whether it's

00:39:46.960 advanced chip design

00:39:48.140 quantum computing

00:39:49.240 regenerative robotics

00:39:52.800 everything to do

00:39:54.020 with CRISPR

00:39:54.660 and biotechnology

00:39:55.860 and nanotechnology

00:39:56.700 the conversion

00:39:57.360 of that

00:39:57.660 as the singularity

00:39:58.340 and AI

00:39:58.840 as we keep

00:39:59.820 talking about

00:40:00.280 it's accelerating

00:40:01.440 at an accelerating

00:40:02.280 rate.

00:40:02.820 Look I am happy

00:40:03.740 to be one of the

00:40:05.240 hopefully

00:40:06.060 the heads

00:40:07.420 of the anti-technology

00:40:08.500 of the Luddites.

00:40:09.260 I'm proud to be

00:40:09.800 a Luddite.

00:40:11.100 But before I go

00:40:12.000 we got Dr. Nicholas

00:40:13.140 Kaderes here

00:40:14.560 about big tech

00:40:15.760 and mental health

00:40:16.540 I'm going to get him

00:40:16.960 up in a second

00:40:17.540 he's going to speak

00:40:18.160 at this conference

00:40:18.940 that's being put on

00:40:20.800 by Patrick Coffin

00:40:21.760 and the guys

00:40:22.720 on hope is fuel

00:40:26.740 so I'm going to get

00:40:27.560 some hope in here

00:40:28.260 but I want to go back

00:40:29.060 to Aleister Crowley

00:40:30.200 because it was

00:40:30.580 interesting

00:40:31.100 in Timothy Leary's

00:40:32.420 discussion

00:40:32.860 when we talk about

00:40:34.440 even without the

00:40:35.340 summoning of the demons

00:40:36.200 when we just talk

00:40:36.840 about what their

00:40:37.460 watchword was

00:40:38.620 what their mantra

00:40:39.340 was was

00:40:39.880 do what thou wilt

00:40:41.200 do what thou wilt

00:40:43.140 isn't that

00:40:44.100 exactly what

00:40:45.300 this

00:40:46.000 the big tech

00:40:47.520 is freeing them

00:40:48.560 from any bounds

00:40:49.380 of social norms

00:40:50.420 or anything

00:40:51.040 forget the Judea

00:40:51.900 or Christian West

00:40:52.560 I'm talking about

00:40:53.000 any just

00:40:53.460 humanity norms

00:40:54.620 because I keep

00:40:55.380 telling people

00:40:55.800 when they say

00:40:56.100 oh they're doing

00:40:56.660 the replacement

00:40:57.200 theory about whites

00:40:58.280 with the Hispanics

00:40:59.040 I said no no no

00:40:59.780 our replacement

00:41:00.940 theory here

00:41:01.640 at the war room

00:41:02.640 is about homo sapiens

00:41:04.180 right about

00:41:04.800 about people

00:41:06.180 that are made

00:41:07.200 individuals made

00:41:07.980 in the image

00:41:08.380 of likeness

00:41:08.920 of God

00:41:09.400 and imbued

00:41:10.180 with the divine

00:41:10.920 spirit of the

00:41:11.620 Holy Spirit

00:41:12.220 isn't do what thou wilt

00:41:14.420 kind of the watchword

00:41:15.480 of these

00:41:16.440 and you see a guy

00:41:17.100 like Ezra Klein

00:41:17.920 who Ezra Klein

00:41:18.960 is all about technology

00:41:19.840 but really about polling

00:41:20.740 and practical politics

00:41:21.960 when you see him

00:41:23.080 writing something

00:41:23.540 like this

00:41:23.940 it's got this

00:41:24.400 esoteric

00:41:25.520 occult aspect to it

00:41:26.860 you really start

00:41:27.620 to get nervous

00:41:28.320 Joe Allen

00:41:29.120 100% Steve

00:41:32.560 I mean this is

00:41:33.060 something that

00:41:33.600 you know

00:41:34.160 when I first

00:41:34.820 began writing

00:41:35.580 I wrote a lot

00:41:36.180 about rock and roll

00:41:36.920 and rock and roll

00:41:37.440 culture

00:41:37.860 you know

00:41:38.620 I worked in

00:41:39.500 I worked in

00:41:40.820 entertainment

00:41:41.300 I could say

00:41:42.080 you used to give me

00:41:42.960 hell about that

00:41:43.760 but you know

00:41:44.920 I worked a lot

00:41:45.760 of concerts

00:41:46.240 hold it

00:41:46.540 hang on

00:41:49.720 Joe

00:41:49.980 when he says

00:41:50.720 entertainment

00:41:51.240 he's the guy

00:41:52.300 that put up

00:41:52.800 the sound system

00:41:53.520 when you go to

00:41:54.400 those concerts

00:41:55.060 and you see

00:41:55.820 those magnificent

00:41:56.820 how they put them out

00:41:58.180 Joe is the guy

00:41:59.040 in the rafters

00:42:00.140 without a safety belt

00:42:01.280 right

00:42:01.960 hanging that

00:42:02.500 so don't

00:42:02.820 that's

00:42:03.140 entertainment industry

00:42:04.520 broadly defined

00:42:05.500 but no

00:42:05.920 go ahead sir

00:42:07.100 I digress

00:42:08.040 yeah well

00:42:10.220 it depends on

00:42:10.840 which bar I'm at

00:42:11.600 and who I'm talking to

00:42:12.360 right

00:42:12.620 so yeah

00:42:14.040 the entertainment

00:42:16.300 industry

00:42:16.780 without a doubt

00:42:17.360 rock and roll

00:42:17.940 the whole history

00:42:18.840 of rock and roll

00:42:19.680 the entirety

00:42:20.900 of the 60s

00:42:22.280 was this

00:42:22.900 you know

00:42:23.420 suffused with these

00:42:24.440 metaphors

00:42:25.100 of the deal

00:42:26.120 with the devil

00:42:26.680 right

00:42:26.940 you think of

00:42:27.580 Robert Johnson

00:42:28.600 the famous blues

00:42:29.380 player

00:42:29.760 you know

00:42:30.840 who the white man

00:42:31.860 took the blues

00:42:32.560 from

00:42:32.960 but he took the blues

00:42:34.180 from the devil

00:42:34.740 at the crossroad

00:42:35.560 right

00:42:35.800 so that mythos

00:42:36.620 goes very very deep

00:42:37.780 and that ethos

00:42:39.200 of do what thou will

00:42:41.000 is also suffusing

00:42:42.180 that movement

00:42:42.860 right

00:42:43.160 so the entire

00:42:43.800 explosion

00:42:44.500 of the sort of

00:42:46.160 cultural revolution

00:42:47.360 in America

00:42:47.900 of the 60s

00:42:48.720 and the explosion

00:42:50.040 of what would

00:42:51.180 you know

00:42:51.440 you could say

00:42:52.040 also hip hop

00:42:52.980 and the various

00:42:53.880 other subcultures

00:42:55.700 in which rebellious

00:42:56.700 youth was tapped

00:42:57.900 into by

00:42:58.740 entertainment corporations

00:43:00.460 and turned against

00:43:02.120 tradition

00:43:02.820 order

00:43:03.380 and their parents

00:43:04.200 all on the basis

00:43:05.780 of do what you want

00:43:06.900 follow your bliss

00:43:08.100 follow your heart

00:43:09.260 you know

00:43:10.100 the destruction

00:43:11.080 be damned

00:43:11.720 all of that

00:43:13.040 really has culminated

00:43:14.420 into the modern

00:43:15.680 kind of

00:43:16.260 Silicon Valley ethos

00:43:17.960 of move fast

00:43:19.980 and break things

00:43:21.360 because they are

00:43:22.220 moving fast

00:43:23.320 and they've already

00:43:24.340 broken so much

00:43:25.580 and they are

00:43:26.040 continuing to break

00:43:27.040 things

00:43:27.320 and they seem

00:43:27.780 to be hell bent

00:43:28.960 on breaking

00:43:29.600 whatever it is

00:43:30.460 in their path

00:43:31.260 and that path

00:43:32.380 of course

00:43:32.760 being driven

00:43:33.380 by their desire

00:43:34.320 their will

00:43:35.400 what we want

00:43:36.400 to do

00:43:36.860 it's the entirety

00:43:37.740 of the accelerationist

00:43:38.880 movement

00:43:39.200 so you take

00:43:40.300 out

00:43:40.580 if you're

00:43:41.140 pure rationalist

00:43:42.020 imagine

00:43:42.360 you're an atheist

00:43:43.120 you take out

00:43:43.680 all of the

00:43:44.620 sort of

00:43:44.880 supernatural elements

00:43:46.020 as a metaphor

00:43:47.500 without a doubt

00:43:48.480 they have long

00:43:49.340 summoned demons

00:43:50.520 and the demons

00:43:52.480 have wreaked

00:43:53.420 havoc

00:43:53.840 on traditional

00:43:55.240 American

00:43:55.800 and western

00:43:56.320 culture

00:43:56.780 and world

00:43:57.560 traditional cultures

00:43:58.580 as a whole

00:43:59.160 Joe

00:44:01.740 hang on

00:44:02.040 for a second

00:44:02.300 I want to

00:44:02.560 bring in

00:44:02.920 Dr. Nicholas

00:44:04.040 Kaderis

00:44:05.960 he's going to

00:44:06.760 speak at this

00:44:07.440 conference

00:44:07.980 hope is fuel

00:44:09.380 so give us

00:44:10.440 some hope

00:44:10.800 here sir

00:44:11.140 your topic

00:44:11.900 is what

00:44:12.300 big tech

00:44:13.080 and mental

00:44:13.460 health

00:44:13.860 we've seen

00:44:15.160 from the

00:44:15.760 bailout

00:44:16.220 of the

00:44:16.660 tech

00:44:16.940 ATM

00:44:18.280 in Silicon

00:44:20.440 Valley

00:44:20.960 to Joe's

00:44:22.180 revelations

00:44:22.940 of deconstructing

00:44:24.600 Ezra Klein's

00:44:25.560 quite frankly

00:44:26.400 very disturbing

00:44:27.120 piece in the

00:44:27.700 New York Times

00:44:28.280 about artificial

00:44:29.100 intelligence

00:44:29.700 how are we

00:44:30.400 going to get

00:44:30.660 some hope

00:44:31.140 out of big

00:44:32.080 tech in

00:44:32.520 mental health

00:44:33.020 sir

00:44:33.240 well we can't

00:44:34.980 get hope

00:44:35.320 until we

00:44:35.740 identify the

00:44:36.800 problem

00:44:37.120 I've written

00:44:37.500 quite a bit

00:44:37.960 about the

00:44:38.320 AI and

00:44:38.820 transhumanism

00:44:39.540 movement

00:44:39.940 by the way

00:44:40.380 because our

00:44:40.940 mental health

00:44:41.460 won't be

00:44:42.320 worth a damn

00:44:42.840 if our

00:44:43.620 species gets

00:44:44.140 replaced

00:44:44.600 and I think

00:44:45.260 I enjoyed

00:44:46.340 your cold

00:44:46.760 opening

00:44:47.060 because I

00:44:48.200 had met

00:44:48.640 Timothy Leary

00:44:50.180 the year before

00:44:50.800 he died

00:44:51.400 and he was

00:44:52.220 still waxing

00:44:52.840 poetic about

00:44:53.500 he tilted

00:44:55.020 at windmills

00:44:55.580 with psychedelics

00:44:56.340 and then he

00:44:56.620 said I remember

00:44:57.220 talking to him

00:44:57.740 about this

00:44:58.100 in 1994

00:44:58.700 where he was

00:44:59.460 talking about

00:45:00.040 consciousness

00:45:00.500 expansion through

00:45:01.300 the digital

00:45:01.760 realm

00:45:02.100 and back

00:45:03.580 then you know

00:45:04.260 that was his

00:45:04.920 new thing

00:45:06.000 but you know

00:45:07.040 history or human

00:45:07.880 history is full

00:45:08.660 of God

00:45:09.300 complexes and

00:45:10.100 hubris and how

00:45:10.880 those experiments

00:45:11.640 never come out

00:45:12.220 well

00:45:12.460 and what we're

00:45:14.180 looking at in

00:45:14.880 the transhumanism

00:45:15.780 movement which

00:45:16.400 the high priest

00:45:17.340 is Ray

00:45:18.060 Kurzweil

00:45:18.660 in the singularity

00:45:20.080 movement

00:45:20.480 where the play

00:45:22.760 here is an

00:45:23.200 immortality play

00:45:24.540 and I think

00:45:25.880 a lot of

00:45:26.180 people who

00:45:26.640 have been

00:45:27.460 seduced by

00:45:28.040 their technology

00:45:28.800 and we've

00:45:29.300 you know

00:45:29.540 we've all

00:45:29.960 read the

00:45:30.320 stories and

00:45:30.760 I've done

00:45:31.000 a lot of

00:45:31.320 research and

00:45:31.900 I've done

00:45:32.120 a lot of

00:45:32.380 speaking about

00:45:33.020 I was one

00:45:33.840 of the first

00:45:34.180 people that

00:45:34.560 talked about

00:45:35.000 our technology

00:45:35.640 can be

00:45:36.100 habit forming

00:45:36.720 that was

00:45:37.160 six or

00:45:37.500 seven or

00:45:37.860 eight years

00:45:38.200 ago and

00:45:39.140 then we

00:45:39.340 understood

00:45:39.620 that our

00:45:40.000 habituation

00:45:40.600 could lead

00:45:41.180 to some

00:45:41.500 mental health

00:45:42.000 issues but

00:45:43.200 essentially

00:45:43.640 we've all

00:45:44.280 been put in

00:45:44.720 digital cages

00:45:45.440 that we've

00:45:45.900 been seduced

00:45:47.020 and addicted

00:45:47.460 to while

00:45:48.360 we've monetized

00:45:49.520 the gas

00:45:51.380 tank or

00:45:51.960 we've filled

00:45:52.840 up the fuel

00:45:53.340 tank of

00:45:53.800 big tech

00:45:54.360 and if you

00:45:55.360 study the

00:45:56.280 five leading

00:45:57.380 heads and

00:45:58.240 if you read

00:45:59.120 what they've

00:45:59.560 said how

00:46:00.160 they follow

00:46:00.660 Ray Kurzweil's

00:46:01.920 singularity

00:46:03.220 dream they're

00:46:04.180 looking to

00:46:04.760 monetize us

00:46:05.420 for resources

00:46:06.680 to be able

00:46:07.340 to create

00:46:08.000 this transhumanist

00:46:09.720 evolutionary

00:46:10.680 model that

00:46:11.940 they're looking

00:46:12.340 to do

00:46:12.660 they're looking

00:46:13.180 at it as

00:46:14.420 the next

00:46:14.740 step of our

00:46:15.160 human evolution

00:46:15.780 and people

00:46:16.940 like I think

00:46:17.460 you and I

00:46:17.860 are looking

00:46:18.180 at it as

00:46:18.940 playing with

00:46:19.980 fire that's

00:46:20.600 going to be

00:46:21.120 species

00:46:21.900 potentially

00:46:22.400 species

00:46:22.900 destroying

00:46:23.500 so the

00:46:24.340 hope comes

00:46:25.120 in being

00:46:25.920 able to

00:46:26.400 yeah

00:46:26.660 and before

00:46:28.240 we get to

00:46:28.560 the hope

00:46:28.780 I just want

00:46:29.140 to ask you

00:46:29.400 because you

00:46:29.800 get back

00:46:30.080 to the

00:46:30.300 singularity

00:46:30.860 and everybody's

00:46:31.820 mesmerized

00:46:32.700 now by AI

00:46:33.420 because of

00:46:34.020 the chat

00:46:34.540 GPT

00:46:35.120 for Davos

00:46:36.160 man who

00:46:36.540 was like a

00:46:36.920 little fan

00:46:37.380 boy with

00:46:37.860 it

00:46:38.040 what I'm

00:46:39.540 concerned

00:46:39.920 about and

00:46:40.300 I keep

00:46:40.580 talking

00:46:40.880 because having

00:46:41.580 done enough

00:46:42.080 financing in

00:46:42.820 different areas

00:46:44.160 when things

00:46:45.380 start picking

00:46:45.800 up what I

00:46:46.320 call accelerating

00:46:47.160 at an

00:46:47.560 accelerating rate

00:46:48.940 that's what

00:46:49.520 you're seeing

00:46:49.960 now and

00:46:50.520 it's every

00:46:51.660 vertical that

00:46:52.340 leads to the

00:46:52.840 singularity whether

00:46:53.560 it's regenerative

00:46:54.220 robotics whether

00:46:55.040 it's artificial

00:46:56.640 general intelligence

00:46:57.760 or artificial

00:46:58.460 intelligence whether

00:46:59.360 it's quantum

00:47:00.780 computing advanced

00:47:02.660 chip design you

00:47:03.700 know biotechnology

00:47:04.640 CRISPR the

00:47:05.780 conversion people

00:47:06.520 don't and what's

00:47:07.180 happening in these

00:47:07.780 research labs

00:47:08.660 chat GPT is like

00:47:11.280 a tiny rudimentary

00:47:12.720 device compared to

00:47:14.360 what they've got

00:47:14.900 going on that is my

00:47:15.960 big fear is that

00:47:17.120 in every one of

00:47:18.080 these verticals

00:47:18.880 that lead to

00:47:19.380 the singularity

00:47:20.160 we're much

00:47:21.120 farther down the

00:47:21.820 road than

00:47:22.500 people think

00:47:23.660 your thoughts

00:47:24.260 well even

00:47:25.920 Zuckerberg has

00:47:26.680 pivoted from

00:47:27.420 now the

00:47:28.020 metaverse I

00:47:28.780 mean really

00:47:29.380 subtly has

00:47:30.180 pivoted from

00:47:30.780 not so subtly

00:47:31.520 from the

00:47:32.380 metaverse which

00:47:32.900 was a big

00:47:33.400 financial disaster

00:47:34.720 for meta to

00:47:35.740 now AI just

00:47:36.920 in the last two

00:47:37.520 weeks he's

00:47:37.980 saying all

00:47:38.320 right that

00:47:39.200 was kind of

00:47:39.580 a bust and

00:47:40.060 now let's

00:47:40.580 essentially focus

00:47:41.360 on AI and

00:47:42.500 what you

00:47:42.780 accurately called

00:47:43.600 AGI

00:47:44.080 artificial

00:47:45.000 generalized

00:47:45.540 intelligence

00:47:46.080 because that's

00:47:46.580 what we're

00:47:46.840 talking about

00:47:47.400 sentience not

00:47:49.300 just smart

00:47:50.060 cars now we're

00:47:50.860 talking about

00:47:51.620 the you know

00:47:52.620 it's the

00:47:52.960 Frankenstein you

00:47:54.260 know Joe

00:47:54.940 Allen before

00:47:55.400 was dead on

00:47:56.340 with his as

00:47:57.740 a mythologist

00:47:58.340 you know the

00:47:59.100 archetype the

00:48:00.140 Frankenstein myth

00:48:01.060 archetype the

00:48:02.520 god complex

00:48:03.280 trying to create

00:48:04.020 life and then

00:48:04.760 the monster

00:48:05.780 destroying the

00:48:07.160 creator as it

00:48:08.100 did with Dr.

00:48:08.680 Frankenstein

00:48:09.160 that's where

00:48:09.620 we're at this

00:48:10.520 has happened with

00:48:11.060 Oppenheimer back

00:48:12.140 with the atomic

00:48:12.680 bomb Oppenheimer

00:48:13.520 stormed into

00:48:14.320 Truman's office

00:48:15.120 and saying what

00:48:16.160 have we done

00:48:16.740 what have I

00:48:17.220 done and he

00:48:18.440 quoted the

00:48:18.980 Bhagavad Gita

00:48:19.940 saying we're

00:48:21.100 destroyer of

00:48:21.740 worlds and

00:48:22.240 Truman threw

00:48:22.700 him out of

00:48:23.000 his office at

00:48:23.980 that point the

00:48:24.760 genie was out

00:48:25.340 of the bottle

00:48:25.800 the nuclear age

00:48:27.640 had begun and

00:48:28.720 the creators were

00:48:29.640 no longer in

00:48:30.220 control and and

00:48:31.500 this quickening

00:48:32.140 that you're

00:48:32.460 alluding to that's

00:48:33.240 exactly what's

00:48:33.900 happening we're

00:48:34.860 gonna let the

00:48:35.320 genie out of

00:48:35.800 the bottle or

00:48:36.360 we're letting

00:48:36.760 the genie out

00:48:37.320 of the bottle and

00:48:38.600 no one's gonna be

00:48:39.460 able to control

00:48:40.100 it it'll it's

00:48:40.940 gonna be too

00:48:41.580 late and

00:48:42.800 yeah we can

00:48:44.040 talk about

00:48:44.560 mental health

00:48:45.180 and some of

00:48:45.580 the other

00:48:45.820 things that are

00:48:46.240 happening because

00:48:46.980 those are very

00:48:47.820 real events that

00:48:49.320 I treat in my

00:48:50.060 I have I own

00:48:50.860 treatment programs

00:48:51.580 around the

00:48:51.980 country and I

00:48:52.560 write a lot

00:48:53.560 about the

00:48:54.060 adverse mental

00:48:55.180 health impacts

00:48:55.880 but we're not

00:48:57.000 going to be able to

00:48:57.740 address this until

00:48:58.760 we awaken to the

00:49:00.140 reality of what's

00:49:00.920 happening but we've

00:49:02.160 all not only been

00:49:03.160 seduced and

00:49:04.400 sedated by our

00:49:05.560 technology but we

00:49:06.420 have a form of

00:49:06.940 Stockholm syndrome

00:49:07.720 we've deified the

00:49:09.440 people who have

00:49:10.200 kidnapped us or

00:49:11.420 locked us in these

00:49:12.120 cages we're Patty

00:49:13.040 Hurst's to to

00:49:14.860 Bezos and

00:49:15.980 Zuckerberg and

00:49:16.620 Gates and and

00:49:18.420 and there are

00:49:19.280 rock stars while

00:49:20.240 they're entrapping

00:49:21.300 us and and

00:49:22.480 really stunting our

00:49:23.620 society you know

00:49:24.500 look you don't have

00:49:25.680 to be a rocket

00:49:26.320 scientist to look at

00:49:27.140 what's happening to

00:49:28.080 teenagers and young

00:49:29.380 adults their mental

00:49:30.540 health is the worst

00:49:31.400 on record and as

00:49:33.000 you go down

00:49:33.520 generational cohorts

00:49:34.720 from baby boomers

00:49:35.740 to Gen Z to

00:49:37.300 Gen X to Gen Z

00:49:38.340 to Millennials

00:49:38.940 they're getting worse

00:49:40.580 and worse in their

00:49:41.180 psychiatric metrics

00:49:43.120 these are the

00:49:44.320 younger you are the

00:49:45.120 more plugged in you

00:49:45.960 are the more

00:49:46.340 digitally connected

00:49:47.240 you are the more

00:49:48.020 unwell you are the

00:49:49.320 more suicidal the

00:49:50.320 more overdosing the

00:49:51.720 more anxious the

00:49:52.380 more depressed and

00:49:53.580 so what we as the

00:49:54.480 adults in the room

00:49:55.200 who remember the

00:49:56.340 before times have

00:49:58.160 to say here or no

00:49:59.220 further we have to

00:50:00.420 take our humanity

00:50:01.220 back and you know

00:50:02.200 there's legislative

00:50:02.940 approaches there's

00:50:03.980 section 230 repeals

00:50:05.700 there's antitrust

00:50:06.520 laws there's

00:50:07.980 mechanisms that we

00:50:09.000 can use but we

00:50:10.020 have to be aware

00:50:10.840 enough of what's

00:50:12.380 happening because

00:50:13.320 what I think a lot

00:50:14.240 of people are missing

00:50:14.880 is it's just happened

00:50:16.000 so quickly you know

00:50:17.980 most people it feels

00:50:19.680 like our technology or

00:50:20.840 screen reality have

00:50:21.940 been around forever

00:50:22.660 but it's been 10 to

00:50:23.680 15 years where we've

00:50:24.920 shifted as a society

00:50:26.020 yes a doctor we got

00:50:29.100 to bounce how do

00:50:29.720 people get to your

00:50:30.340 writing social media

00:50:31.300 and how they get to

00:50:32.260 the conferences on the

00:50:33.400 18th we recommend

00:50:34.400 everybody go there's a

00:50:35.420 free aspect to it and

00:50:36.340 there's an aspect you

00:50:37.240 can pay and get more

00:50:38.000 insights but it's

00:50:39.340 definitely free if you

00:50:40.120 want to go where do

00:50:40.700 people go right hope

00:50:42.920 is fuel dot com is for

00:50:44.300 the conference on

00:50:45.380 saturday my book is my

00:50:46.840 latest book is digital

00:50:47.800 madness which is

00:50:49.400 available on amazon my

00:50:50.740 publisher st martin's

00:50:51.720 press and and my

00:50:53.720 website is www.drcardaris.com

00:50:57.420 so I encourage

00:50:59.020 everybody to wake up

00:51:00.020 and and be hopeful and

00:51:01.500 fight back for our

00:51:02.680 humanity the great the

00:51:05.200 great work got awakened

00:51:07.280 you can't sleep right

00:51:08.220 can't go into the deep

00:51:09.080 sleep doctor thank you

00:51:10.020 so much honored to have

00:51:10.900 you on here thank you

00:51:12.720 what is it the groundhog

00:51:15.480 day right one of the

00:51:16.680 great esoteric works of

00:51:18.000 our time a joe allen

00:51:19.240 where do people get you

00:51:20.240 and your great writing

00:51:20.920 sir you can find it at

00:51:24.040 joe b-o-t-x-y-z on

00:51:26.540 twitter and getter

00:51:27.980 joebot.xyz and warroom.org

00:51:31.960 under the transhumanism

00:51:33.520 tab and I gotta say too

00:51:35.120 steve dr cardaris that

00:51:37.300 was that was excellent

00:51:38.320 extremely impressed I

00:51:39.820 look forward to reading

00:51:40.480 his book amazing amazing

00:51:43.240 amazing amazing amazing

00:51:44.780 okay joe thank you very

00:51:46.060 much we're gonna be back

00:51:46.740 here at 10 o'clock tomorrow

00:51:47.920 morning eastern daylight

00:51:50.000 time with more amazing

00:51:51.320 and on fire see you then

00:51:53.100 back in the war room

00:51:53.940 war room posse you already

00:52:03.860 know free speech is under

00:52:05.000 constant attack by the swamp

00:52:06.680 and their big tech allies

00:52:08.260 they resell your

00:52:09.560 communications and personal

00:52:10.780 data while lecturing and

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00:52:49.900 stay connected and informed

00:52:51.340 get it now take action action

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Bannon's War Room - March 14, 2023

WarRoom Battleground EP 251： Who Will Bailout The American People？

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