Bannon's War Room - WarRoom Battleground EP 301： The Fight For Stopping The Deal

00:00:00.000 this is what you're fighting for i mean every day you're out there what they're doing is blowing

00:00:13.940 people off if you continue to look the other way and shut up then the oppressors the authoritarians

00:00:21.700 get total control and total power because this is just like in arizona this is just like in georgia

00:00:27.480 it's another element that backs them into a quarter and shows their lies and misrepresentations that's

00:00:32.760 why this audience is going to have to get engaged as we've told you this is the fight

00:00:36.320 all this nonsense all this spin they can't handle the truth war room battleground here's your host

00:00:43.440 stephen k bannon then the eia the energy information agency i think it is estimates that the ira the

00:00:51.060 inflation reduction act we use too many acronyms in this town could make wind and solar account for

00:00:55.880 nearly 60 percent of the u.s electricity generation by 2050 now everybody's jumping down in joy in all

00:01:01.440 the schools across america because they've been told wind and solar it's the magic unicorn energy

00:01:07.000 don't you understand everything is great it's clean it's wonderful they don't ever talk about

00:01:11.920 the side effects they don't ever talk about the children that are mining all of the minerals to

00:01:15.900 be used in the solar panels being abused around the world they never talk about the environmental impact

00:01:20.900 of the turbines the wind turbines west texas what happens to birds they never talk about what it

00:01:26.740 means to our national security and empowering china they never talk about the fact that you can't

00:01:31.980 have a grid that stays up and powers your homes and your hospitals and your lives because you don't have

00:01:38.520 gas-fired plants you don't have coal-fired plants you don't have nuclear plants backing up the grid

00:01:44.080 because i can tell you on a cloudy windless day in texas we in trouble it's true but everybody's

00:01:54.800 going to go around on the other side of the island they go and i've seen them they go give speeches to

00:01:57.940 kids on the steps of the capitol and they go oh we're doing all this great thing for you don't you

00:02:03.280 know we care about the environment we care about our planet you now have all of this great clean energy

00:02:09.160 well enjoy being in third world status with brownouts like we're seeing in europe like

00:02:15.200 we're seeing in other parts of the world where they're retreating retreating from the full embrace

00:02:22.040 of so-called green i.e unreliable energy resources because you create energy poverty you undermine human

00:02:30.280 flourishing you undermine the well-being and the prosperity of the poorest of the poor in this world

00:02:35.820 when you take away the ability for us to have energy and that's exactly what my democrat colleagues

00:02:40.400 did and in the process are enriching their fat cat friends 90 of the subsidies go to corporations

00:02:48.860 a billion dollars and up oh but i thought this was all the good stuff the unicorn energy stuff

00:02:54.480 no rich people financiers making tons of money on the back of grit of corporate cronyism the worst kind

00:03:04.820 of corporate cronyism you've ever seen on display happening right here and what are republicans doing

00:03:10.000 running away saying well they'll never give up their signature inflation reduction act bill

00:03:16.280 boom they'll give it up if we take it to them and hold the line for the american people

00:03:22.460 stand up and hold the line to my republican colleagues against the worst form of corporate cronyism

00:03:29.540 i've ever seen on the floor of this body how about the 80 percent of the electric vehicle

00:03:37.160 subsidies that go to people who make a hundred thousand or three hundred thousand dollars as a

00:03:42.240 couple yeah so the poor guy out there is a plumber trying to drive his pickup around is going to be told

00:03:49.660 you got to go subsidize the little suburbanite family running around in their ev feeling good about

00:03:56.680 patting themselves patting themselves on the back while they go plug their ev in to charge it using

00:04:02.100 as much power as you use for your air conditioning unit which has to come from somewhere and that

00:04:08.480 somewhere ain't nuclear ain't gas and ain't coal anymore because they're destroying our ability

00:04:14.000 to produce the reliable power that we need for the very evs they want to subsidize

00:04:18.580 and let's not even talk about how much that's empowering china directly chinese companies are

00:04:27.780 eligible for these climate credits a recent analysis found chinese companies could end up with 125

00:04:32.840 billion dollars in ira subsidies so you're giving them all the power the chinese communist party

00:04:39.400 you're subsidizing them with direct taxpayer money you're allowing the chinese to then sell us back

00:04:46.120 the panels made with the minerals that they mine how in the world is this good for our national

00:04:52.320 security or energy security it's not democrats should be ashamed republicans should be ashamed if we walk

00:04:59.360 away which is what they're about to do cutting a deal that undermines the american people taking the very

00:05:08.000 first off ramp the very first exit ramp okay right there that is uh in an impassioned speech in the house

00:05:19.100 just moments ago it is thursday 25 may in the year of our lord 2023 and and this is why it's so important

00:05:25.740 to hold the line the numbers 202-225-3121 we need the war room to man the ramparts as as that that whole

00:05:34.780 part was about one small aspect it's actually huge but it's a small aspect of this fight that we've got

00:05:42.600 right now and that is about the energy the uh inflation reduction that's a it's obscene thing

00:05:48.440 to put on there it's really the build back better the green new deal with a uh with a little lipstick

00:05:53.500 thrown on it uh we're trying to unwind some of that and that is uh chip roy who put this letter if you go

00:05:58.940 up on getter and if the crack staff maybe to get to memphis i actually put it up uh grace chung helped

00:06:05.240 me take chip roy's letter and kind of walk it down i realized peter navarro dr navarro's worth it it's

00:06:10.420 not perfect because he didn't explain a lot of stuff about the inflation but he got to the interlinking

00:06:14.060 parts of the deal that couldn't come out and why he's saying hold the line in this in the war room has

00:06:19.940 to has to have the back of uh chip roy and others is that the buried lead he says they're taking the first

00:06:26.640 off ramp they're taking the first off ramp peter you've seen this in negotiations time and time

00:06:31.920 again that they they we put out something it's not great we want it much much more but at least it's

00:06:36.960 something you get there and and the first time they come into any kind of tough negotiation they

00:06:43.160 literally crater they they kowtow to the democrats the controlled opposition republicans they take the

00:06:48.960 very first off ramp and we're giving things away the numbers on this navarro 60 this is cnn's number

00:06:55.720 60 of the american people uh only support um any kind of increase to the debt ceiling or new

00:07:04.080 borrowing by the united states with significant cut fox news came out the number was 57 now 63

00:07:11.920 said they don't want to default none of us want to default okay because we're not going to default

00:07:16.140 the default and if i can get that chart i don't know if memphis have as denver did but if we get

00:07:20.140 memphis to have it i'll walk through the the cash management in a second peter navarro

00:07:24.540 there's so much there i want you to get into what he's what chip is talking about he's preaching

00:07:31.040 the gospel according to dave walsh right full spectrum energy dominance under trump yes does

00:07:37.360 that underpin i mean he had so many great themes peter and particularly the fact that we're underwriting

00:07:41.780 the chinese communist party once again sir all right steve he's preaching but my concern here is he's

00:07:49.700 preaching primarily to the conservative mega choir you know he's saying the right things it is absolutely

00:07:57.380 true that that biden bill is a full employment act for beijing shanghai the electric vehicle mart and

00:08:04.360 tesla over there in china okay that that's just flat out wrong it's like poor taxpayers here in america are

00:08:11.820 going to be subsidizing chinese made vehicles coming in here so he's he's right to go after that's going to

00:08:17.200 hit some themes he's absolutely right to go after the need to cut off that electric vehicle subsidy so

00:08:25.120 that we can re-establish at least some semblance of strategic energy dominance because steve the big

00:08:31.500 problem we're facing now is stagflation which is simultaneous slow growth or recession plus inflation

00:08:38.200 and one component of that is cost push inflation cost push which is created by the loss of strategic

00:08:45.680 energy dominance so so far so good here's the problem he's not making the economic case and i'm i don't

00:08:54.500 it's for the life of me that what should come out of every republican congress's mouth mouth when they say

00:09:00.600 it's going to be a catastrophe if we don't get a deal on the democrat side we should say it's going to be a

00:09:06.640 far worse economic catastrophe if you don't roll back those expenses because the big thing that i'm

00:09:13.980 worried about in addition to the cost push inflation is the demand pull inflation what's that that's

00:09:20.760 biden and the democrats spending too much money which is chasing too few goods and we're institutionalizing

00:09:27.820 inflation so these these conservatives need to step back a little bit steve and understand that the

00:09:35.040 bigger picture here that affects everybody across the ideological and partisan spectrum democrat independent

00:09:42.300 woke to ultra conservative is is the fact that they can't afford their food their gasoline their clothes

00:09:49.960 and the inflation and that's why that's why we've got to hold the line that's why spending has to get

00:09:56.420 back cut back i didn't hear that as the primary message i heard yeah don't subsidize the rich folks

00:10:03.040 buy an ed don't let their jobs go to china that's good no no but it doesn't get to the big issue but

00:10:10.240 hang on in his defense no in his defense he just went down what they do is trying to break down pieces

00:10:15.480 of yeah okay he he he had that part that's what he had the part today but he did send out the letter

00:10:20.980 shows the interlocking i want to go back to something though but people it doesn't lead with it

00:10:25.040 people have the lead that's all yes i agree i agree i agree i agree on the macro side i want to talk about

00:10:33.040 go ahead yes i agree with that it's not natural to them it's not natural to particularly republicans

00:10:38.840 to talk like this that's why we're so that's why we're so good at it um i want to go to your macro

00:10:44.700 course and i want to tie it to chip roy in what you just saw there the passion one of the things we

00:10:50.680 have to do and peter just brought this up doctrine of art it's very important the american people now

00:10:55.420 have just been bombarded and bombarded that's why these poll numbers are so incredible by the way

00:10:59.140 15 percent of the american people have said just screw it i'm with trump just default and and we'll

00:11:03.360 figure it out from there because they're bluffing that means 75 of the percent of the american people

00:11:07.880 either want significant customers where we raise it an inch or just say hey default and that's pretty

00:11:12.880 consistent three quarters the american people which never agree about anything that the sun's going to

00:11:17.440 come up tomorrow in the east uh agree on this that this thing's out of control dr navarro

00:11:22.340 one of the big elements up here and i'm telling you what they're thinking of doing

00:11:25.520 number one uh you saw a chip boy they're thinking of not doing the energy part of it they're going to

00:11:31.040 have much less cuts they're going to have just some optics on it but i think one of the big things

00:11:35.360 they're going to do is kick the can peter as you've seen they're going to kick the can uh down the road

00:11:40.580 and where they're going to do is put it after the inauguration date in 2025 past the 2024 election now

00:11:46.200 my calculation peter is that will be at least a three to four trillion dollar increase

00:11:52.680 to the to the budget so i just want you to put your harvard economist hat on since you're teaching

00:11:58.240 the first course in the college of the deplorables the macroeconomics course if we as you see the

00:12:03.140 economy today and we're sitting here in may of 2023 look down range to february or march of 2025

00:12:10.280 less than two years away with another four let's say three to four trillion dollars of deficits added to

00:12:17.480 the to the uh national debt sir what where and by the way two budgets that are north of six trillion

00:12:24.520 dollars that have been spent where do you think we are sir economically then we're going to be in

00:12:29.320 the 1970s here here's the thing steve the the stagflation of the 1970s that that was 10 years of

00:12:36.940 the 70s but it started in 1968 when lyndon johnson refused to trade off guns for butter refused to trade

00:12:44.200 off his spending for the vietnam war for his great wealth great society programs and that set in

00:12:50.360 motion just as a series of inflationary shocks that also came from the opec cartel embargo came from some

00:12:58.640 food problems and and the problem is it got so institutionalized into what's called inflationary

00:13:06.560 expectations once you get the expectation among the populace that inflation is going to be high

00:13:12.900 the only way you can get rid of it is by crushing the economy which is what paul volcker did

00:13:18.920 causing a deep recession and breaking that now that's what's at play here steve and this course

00:13:27.360 is strategic macroeconomics for business investing it's the online course i used to teach

00:13:33.360 for mbas it's state of the heart and i'm proud to have this on the war room site but here's some of

00:13:39.360 the concepts you have to understand you've got to understand the difference between demand pull and

00:13:44.080 cost push inflation cost push inflation for this bill is restore strategic energy dominance get rid

00:13:50.780 of the cost push inflation which affects food and energy demand pull inflation is is biden and schumer

00:13:57.880 and and all those folks spending way too much money which is now chasing too few goods the third thing

00:14:04.680 you got to understand is an economic principle and i'm not hearing any of this on the hill

00:14:08.940 is that the fed can only solve one problem at a time with interest rate policy and it can solve

00:14:16.760 recession by lowering interest rates and stimulating investment and consumption or it can solve inflation

00:14:24.700 by raising interest rates and constraining credit and bringing the growth rate down which chokes

00:14:30.620 you think about it you can't solve those problems when they're happening together and what the feds should

00:14:39.220 be saying to the biden regime and janet yellen is hey you're asking us to do the impossible you got to do

00:14:47.440 your part cut the spending come to a deal with the republicans to cut five trillion dollars over the next

00:14:55.280 decade instead of kicking the can down the road and adding another three trillion to the problem

00:15:00.480 so and and if if the if mccarthy and chip roy and matt gates and all these folks could say this is

00:15:09.500 going to be a bigger economic catastrophe because it's stagflation because the fed can't solve this

00:15:14.960 problem only congress can solve the problem and by the way this bill that kevin mccarthy has put up

00:15:21.420 is the way to solve the problem that's where having financial and economic market literacy comes into play

00:15:29.240 that's the purpose of that course that's what we do here on the war room that's what's missing from

00:15:34.440 this debate steve it's becoming too ideological and in a 50 50 country with the corporate media on

00:15:41.500 their side not ours we're going to lose that battle and our team is going to give up they're going to kick

00:15:48.260 the can down the road which is what you and i fear

00:15:51.740 if you don't have it if you if you give them more than one year you're going to miss this entire

00:15:58.280 debate for the 2024 election we need to have this debate as a country yes we're beginning it now the

00:16:03.520 war and posse knows better than anybody you're the tip of the spear saying the rest of your countrymen

00:16:07.800 are just becoming aware of it but you're still seeing the polls are overwhelming when people think

00:16:11.760 about it the government can't just continue to spend and and have the federal reserve print money i want

00:16:17.240 to go back to your math because i want to ask you something in the 10-year projections right we're

00:16:22.340 going to increase by at least 20 trillion dollars new deficits that have to be borrowed to where

00:16:27.540 we're 32 trillion now the 20 gets us over 50 trillion dollars right everybody it's congressional

00:16:33.020 budget everybody agrees that even with these cuts of five trillion dollars they're just you're still

00:16:38.320 going to add 15 you're at 47 trillion my point unless you get serious unless you get serious

00:16:44.320 now in period zero that this thing just starts to metastasize remember what they're talking about

00:16:50.940 and what we're going to fight and that's we need the war and posse on the ramparts um on the ramparts

00:16:56.100 tomorrow they just announced kevin mccarthy is going to stay the rest of congress is going kevin

00:17:00.200 mccarthy and his leadership team is going to stay where i was going to do a lot of reporting on that

00:17:04.160 tomorrow in fact dr peter navarro be hosting the five o'clock show i may actually bounce in uh with a

00:17:10.020 guest appearance but he's going to be uh there to talk about the wrap-up of what's happening for the week

00:17:14.320 if you don't have this national debate like right now we've proven that the first of june is not

00:17:20.840 is not the absolute deadline you know that number one just by the capital markets and number two

00:17:25.560 there's no sense of urgency in this city the biden administration is not acting with any emergency

00:17:29.920 treasury is not besides janet yellen doddering out the tv like crazy aunt betty with her ouija board

00:17:35.760 underneath her arm right because we've seen from the cash flow the first is is not the issue and a lot

00:17:42.300 of cash comes in and there's all these questions why didn't they manage they had 120 billion dollars

00:17:45.920 of cash as a couple of weeks ago why didn't they manage it better understanding that that biden

00:17:50.760 wasn't meeting with anybody my point is that unless we start making adult decisions now we are going to

00:17:58.680 be in a position where we don't have any alternative because whether it's 47 trillion or 50 trillion

00:18:04.420 adding another 10 or 15 trillion and people have to understand something biden just gave you a 6.8

00:18:11.140 trillion budget he's not prepared to back off that they may have some cosmetic savings that gets

00:18:17.120 back but basically this government wants to spend seven trillion dollars and they take in five those

00:18:22.280 are the rough numbers okay it's anywhere from a trillion to a two trillion dollar deficit every

00:18:27.420 year has to be added to the debt it has to be financed it's simply a business model that does not work

00:18:34.340 and it only works while you're the prime reserve currency and that other people have to take your

00:18:39.140 currency in order to do transactions and peter you've seen that is rapidly going away from us

00:18:44.040 that's why people you know go to birchgold.com slash banner right now get the end of the dollar

00:18:49.440 empire draw down the last chapter these are all free the debt trap we walk you through how we've kind

00:18:55.760 of walked into this trap by the way the world's are everybody's over leveraged but the united states

00:19:00.380 is in the worst position i think of any of them dr peter navarro

00:19:03.840 steve the most chilling scene to me in the movie saving private ryan was when the nazi guy with the

00:19:13.160 bayonet traps uh the american soldier beneath him and just slowly slowly sticks that bayonet in

00:19:21.160 and kills him and kills him and that's exactly what biden and the democrats did to the republican party

00:19:30.220 when they passed all of these massive spending bills it wasn't a compromise it was a bayonet through the

00:19:38.620 heart i want to know why the republican house should compromise on something that is the the essence of

00:19:49.820 reasonableness and he well even if we do that it's still not enough that's that's where i start here

00:19:57.080 steve and god bless russ vote because he came back he came up with the idea rolling back that's where

00:20:04.120 you start you roll back and then you go and you allow him to expand by one percent a year and force

00:20:09.740 the tough choices that this government has not been making this is brilliant and that cannot be abandoned

00:20:17.740 by kevin mccarthy or chip roy or anybody in between and it will be unless they argue the case better

00:20:25.600 steve it's got to be argued on on sound economics not just ideology where where the the middle and left

00:20:35.700 will get their backs up hey we need green energy no no you argue it on the economics of it first

00:20:42.380 i want to connect some dots here before you go because you had a great analysis of g7 uh a couple

00:20:49.460 things people should understand uh microsoft is telling us and this is what i've been saying about

00:20:55.400 when i talk about home title lock and you everybody in this audience is an enemy combatant in this uh

00:21:02.020 great tragedy that we're going through or this great drama i should say you're actively part of this

00:21:06.960 and this is why i keep saying you've got to start taking things off your plate that expose you

00:21:12.380 the cyber war of the third world war has already started two two uh elements uh peter and i want

00:21:19.380 your i want your comments about the surrender the g7 that nobody's talking about except for you yeah

00:21:24.040 we now know that the chinese communist party the pla or the pla's navy has run a major uh uh simulation

00:21:31.940 exercise where they actually end up taking out a carrier battle group a carrier battle group in the

00:21:38.940 battle for the south china sea in the in the straits of taiwan jack basobic and i on saturday going to

00:21:43.960 talk more about this but this is should shock people that they actually think now they had the

00:21:48.680 kinetic ability to take out a carrier battle group number two microsoft reports today that the chinese

00:21:55.300 communist party and they're saying their hackers are actually uh uh taking down the communication

00:22:01.700 infrastructure between guam really our most forward base now that we're out of the philippines guam

00:22:07.680 that great naval station there and an air base a critical communication back to the united states

00:22:13.640 with a series of cyber attacks a series of cyber attacks talk to me about g7 biden went over there

00:22:20.360 what message did we send to xi in the chinese communist party about the comportment of the participants in

00:22:26.640 the g7 towards the chinese communist party sir let me start by yet in 2015 my crouching tiger book i

00:22:33.140 wrote about how the chinese communist party calls u.s aircraft carriers targets and it's a it's a piece

00:22:40.700 of cake to knock out our carriers in the south china sea because it's asymmetric warfare you can you

00:22:47.220 can send a thousand missiles at a multi-billion dollar carry carrier and spend just millions of dollars

00:22:53.280 doing it it's like now they got hypersonics um the g7 was supposed to be at the top of its queue

00:23:01.560 a coordinated solid response from the g7 countries on the chinese military and economic aggression

00:23:12.960 what happened well first of all all that got crowded out by debt ceiling stuff with biden

00:23:19.440 and also by all the discussions about about ukraine and having zelinski come in and it just and

00:23:27.260 they came out of that with just the most wishy-washy statement i did this let me just

00:23:34.600 push the substack for just one second peternavaro.substack.com peternavaro.substack.com

00:23:41.640 i'm breaking news every week on that with articles and that substack ran the epoch times picked

00:23:47.820 it up and ran it and what it what it explains is the fundamental underlying problem it's a tolstoy

00:23:55.900 quote i love it's like unhappy families are not alike in different ways right and so what you have

00:24:03.740 is you've got germany has communist china as its largest trading partner you got italy that's the two

00:24:12.140 axis powers just by the way um italy is being bought up the hook line and sinker by the chinese

00:24:20.160 communists they're buying italian firms left and right they're already gone they're already ccp puppets

00:24:26.120 and they're into the debt financing they're getting the ports in genoa and trieste right france and

00:24:32.200 canada it's not just over dependence on on on chinese communist trade it's those two french

00:24:39.180 files there trudeau and macron love to play the united states against communist china as a way of

00:24:47.000 bolstering their stature in the world and that's what macron did when he threw taiwan onto the bus

00:24:54.640 when he parted with european ways and trudeau was doing that back in the in the trump era

00:25:00.280 um coming out of the last g7 when he when he trashed trump just as air force one was leaving the airspace

00:25:08.080 the only true blue china hawk in that group is japan because they're at the tip of the military and

00:25:16.360 economic sphere the communists are sending aircraft into their air defense zone they're sending ships

00:25:22.720 around the sakaku islands which they falsely claim and we got squat they promised a stable their goal

00:25:30.220 steve i blow my mind they want a stable relationship with china what are you kidding me and biden it's

00:25:37.820 like he goes back to the the rhetoric of it's a competition it's not a conflict it's like

00:25:44.440 and by the way as part of that the same time they're going to the g7 it's like biden's calling this

00:25:52.660 a silly balloon as if it wasn't like one of the worst spy capers in american history um and and

00:26:00.120 they're just just they came away with nothing predictably there's just no unity against the

00:26:06.840 chinese communist party economic hegemony and now huh wow you get this report from microsoft it's like

00:26:15.320 the 100th report in the last year hang on it says hang on hang on going in and screwing

00:26:21.980 yeah it's the cyber the cyber war the cyber war has already started hang on from peter just hang

00:26:29.560 on quick through the break i want to wrap up make sure everyone get to your contents it's a short

00:26:33.380 commercial break dr peter navarro is with us talking geopolitics the debt ceiling our currency how it all

00:26:39.540 links together that's why this fight right now 202-225-3121 make sure you're a member of the

00:26:48.240 house here's what you have to say about holding the line short commercial break back in a moment

00:26:52.440 president trump recently issued a warning from his home at mar-a-lago and i want to quote this

00:27:08.880 our currency is crashing and will soon no longer be the world standard which will be the greatest

00:27:14.740 defeat frankly in 200 years end quote he did that in the interview that i had with him a couple weeks

00:27:20.800 ago at his home now there are three reasons the central banks are dumping the u.s dollar inflation

00:27:29.540 deficit spending and our insurmountable national debt the fact is there's one asset that has withstood

00:27:37.460 famine wars and political and economic upheaval dating back to biblical times that would be gold

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00:29:09.680 have been all over the supply chain issue with china and medications and the uh active pharmaceutical

00:29:17.240 ingredients china has a stranglehold on us where there's a way to break that jace medical i got an

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00:29:30.980 that critical antibiotics are in extreme short supply across the united states but you know that

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00:32:01.840 war room battleground with stephen k bannon

00:32:14.060 okay welcome back uh peter navarro can you give your uh coordinates i want everybody to get a shot at

00:32:23.300 taking your macro course i think it's 10 or 12 bucks i want everybody to uh make sure they go to your

00:32:29.220 sub stack you're putting editorials now up in the washington times you got a lot of great stuff going

00:32:33.340 on and now i've just gotten in our break i'm getting a lot of messages from people up on the hill that

00:32:38.920 the war room posse is having a huge influence we think we may have stopping from now from taking

00:32:43.960 the first off ramp remember it's look i didn't say it's gonna be easy you got to be on these people

00:32:48.080 all the time because the the cartel always wants to cut the uniparty deal you know this peter you've

00:32:53.560 seen it so many times they always want to cut the uniparty deal that's why we gotta we've got to man

00:32:58.300 the ramparts i know it's not easy particularly going to memorial day weekend but we got to do it

00:33:02.620 peter how they get here's your uh here's your cold open for tomorrow morning just a suggestion

00:33:07.720 saving private ryan clip where the nazi kills the american soldier that's what the democrats did to

00:33:14.020 the republicans when they had their majority they didn't negotiate so why why why do they expect us

00:33:20.120 to negotiate with them now especially when we are absolutely right on this steve i do need the help

00:33:26.940 from the posse uh peter navarro.substack.com peter navarro.substack.com what i do there

00:33:33.480 are are short five minute reads eight minute uh podcast audios uh that basically are like the mike

00:33:42.960 tyson jab war room does the long form for four hours they do it beautifully i take do the short

00:33:49.420 thing if you're gonna get get in and out peter navarro.substack.com but just this week i i had a

00:33:55.740 a beautiful piece that went into the washington times i love that kelly sadler does a beautiful

00:34:01.180 job there as as one of the editors and another piece on the g7 epic times published yet another

00:34:09.120 you know you know this steve we're canceled we're canceled i used to write for the new york times and

00:34:14.380 the wall street journal and the washington post and all that they don't want to hear the truth sir

00:34:19.980 so war room posse peter navarro.substack.com you get it here first we break stuff on the war room and

00:34:27.400 go for the macro course that's going to be up on the website and um i'll i'll get uh another coupon up

00:34:34.500 there working with mo and cameron that'll get you get you a little discount and it's all it's all good

00:34:41.300 steve we get we just i mean i love your idea where maybe some of these congressmen and their staffers

00:34:47.300 will take the course so they can talk about federal reserve policy no we gotta get we gotta

00:34:52.460 get we gotta get people more up to speed on this the austin the the audience itself has been

00:34:57.260 absolutely incredible doing this peter dr navarro we'll see you here tomorrow night looking forward

00:35:01.220 to our brother you're doing a heck of a job brother we got david bernhardt as a great guest tomorrow at

00:35:06.240 five o'clock on the war room but uh he's amazing can you guys amazing hold hold it take a second

00:35:13.500 can you get my can you go to the uh to the backpack and pull the book off that's just sitting there

00:35:18.360 i gotta take two seconds and do this no i don't know how this works yeah yeah i'm a good hold it

00:35:23.580 hold it hold it hold it no stop you too no no no i'm very the audience gotta understand as people

00:35:29.440 know i'm a voracious reader i went and bought this book and read it because i heard it was about the

00:35:34.120 administrative state in fact it's got it here in the title i think the first book from a maga from a

00:35:39.100 trump guy that says administrative state so i get the book and i read it it's amazing and then i

00:35:43.260 look and the publisher is a friend of mine uh encounter books it's it's the great roger kimball

00:35:48.180 who we have on a lot one of the top intellectuals he runs new criterion and i call him i said i gotta

00:35:53.440 get this guy on what is your publicist doing and i still we had the the great guy biohack which is

00:35:59.100 about how the ccp is not just doing bioweapons program they're trying they're doing in the in the

00:36:04.880 made in china 2025 they're trying to control all the human life right you got ai you got human life

00:36:10.540 that guy's i still can't get this guy on and navarre says hey you know because he's gonna be

00:36:15.360 sitting in the host here i'm gonna be on by skype tomorrow for a little while he goes yeah i got this

00:36:19.300 great guy david bernhardt i go what are you talking about i've been trying to book this guy for weeks

00:36:23.400 i can't find him and the publisher hasn't helped me at all so it's amazing he's one of the great trump

00:36:29.820 appointees you know one of my expression in trump time which is to say as soon as possible

00:36:34.740 that was like my signature in the white house you want something done you go call navarre he gets

00:36:39.440 it done well i in when i describe in trump time i use bernhardt as the poster child for that because

00:36:45.680 when i found out that the interior department were flying chinese drones over our lands and taking

00:36:51.420 pictures i called david yes yes he's the secretary right i say what the what's going on here he had

00:36:57.980 those things pulled in eight hours sir that's in trump time baby this is okay when president trump

00:37:04.680 says the deep state of the administrative state is the enemy and we talk about the 4 000 people

00:37:08.740 we're training up to get ready to hit the beaches one in in on january 20th of 2025 people in the

00:37:15.420 audience warren posse understands there are so many great professionals that are working every day to

00:37:20.080 do this is one of the reasons the 11 why do you think trump's going to get nine more indictments

00:37:23.960 uh you know today i was in new york for six minutes this morning so they could tell me oh your

00:37:29.520 trial is going to be right after president trump trump then you trump then you they're going to

00:37:34.240 use lawfare like crazy again port navarre chained up like a dog that he's going to go to prison for

00:37:39.480 for i don't know what they're going to think of something no my point is they can't stop us what

00:37:44.060 they fear what they fear and this is why bernhardt's book's important they they understand we know the

00:37:49.280 administrative state and how it works and president trump is bound and determined to take it apart and

00:37:54.380 this is why david i'm really glad david's on tomorrow because when navarre says hey we had

00:38:00.140 a problem this is trump when we had a problem chinese drones over american land taking photos

00:38:04.340 so they could go buy you know for intelligence cyber warfare and to go buy a cheap later to get

00:38:10.540 the to get the administrative state to do anything in eight hours is impossible that shows you what i

00:38:16.880 call human agency so i'm really looking forward to my best day in the white house his days go there

00:38:21.880 and well we'll talk about that tomorrow five o'clock the show he's he's a great dude and uh

00:38:28.360 i'm gonna let bannon skype no i'm gonna let skype in and finally meet the guy it's i mean i knew

00:38:35.120 about he's kind of legendary in the thing peter thank you very much i'm gonna play nice i'll let

00:38:39.340 him come into the studio next week i'll get a second bite of the apple i'll get a second bite of the

00:38:45.920 apple thank you sir i love you thank you sir thank you um

00:38:51.440 so uh ross vote just got me uh let's have a uh let's have a uh a chat here with the most

00:38:59.200 important um the reason the show is important is because of the audience the reason the audience

00:39:04.880 is important is because it's an activist audience even if you're not any with any group you take

00:39:10.800 action you make phone calls you go to the website you're a force multiplier people know that that's

00:39:15.240 what people you know die and you know the great team here we curate uh people coming on the war room

00:39:20.880 every day and we got to juggle it and that's what you can only you know certain stories we get to

00:39:24.480 signal this is kind of everything right now because this is the reason we fought got the majority we

00:39:29.660 told you it was the uh appropriations process not to pass these omnibus you got to get your control

00:39:34.820 you got to get your hand on the money you got to get your hand on the ability to control the money

00:39:38.820 we're right in that fight right now rusfo tells me that your phone calls today have made a big

00:39:44.340 difference right now they're talking about well we're still far apart mccarthy's announced he's going to

00:39:48.460 stay but they were looking forward to actually announcing a deal today and that that deal would

00:39:54.760 be once again what the controlled opposition republican party always happens to them they

00:40:00.280 get scared by the media they get they get intimidated oh there's going to be a default there's going to

00:40:05.500 be fault do we have that do we have the chart up there about that with the money there's going to

00:40:09.140 be a default what have we told you on this show now for months she's lying to you there's no default

00:40:17.100 that's coming on the 1st of june there's no default that's coming on the 1st of june okay it's not

00:40:21.660 going to happen and they've got a chart let's bring this chart up here so it gets tight i didn't say it

00:40:27.200 doesn't get tight all this stuff about social security running out social security is in a

00:40:31.100 different is in a different pot a different pool and they've also got some securities that they can

00:40:35.820 monetize they keep in there so social security is going to be fine they're going to start really

00:40:39.860 getting on you that oh the social security checks are not going to go out that's just not true

00:40:43.680 but look at this right here if you see this chart if you on our podcast that's where you got to go

00:40:48.120 to warroom.org make sure you sign up for the newsletters totally free make sure you you know

00:40:53.880 we we don't have paywalls here we don't have any of that we're trying to be ubiquitous and get it out

00:40:58.100 to people now we appreciate the fact that you support our sponsors that's very important and we try

00:41:03.800 we try to curate the sponsors so it's only information you need and things that make you more

00:41:07.980 self-reliant um but if you look at the so go to warroom.org get the morning newsletter give us

00:41:14.620 your email also grace chung has done an incredible job all the information about your uh your your

00:41:20.900 representatives and everybody else is up there you can get that free now if you just go and give us

00:41:25.640 the email and get on our get on our but put this thing back up i don't need to see my smiling face again

00:41:30.200 put my chart back up there okay there we go thanks um

00:41:33.880 so make sure you go get it and you get all the charts for people who listen on radio and for

00:41:39.960 people who listen to the podcast and that's a lot of our audience um you don't get the benefit of the

00:41:45.620 live tv or streaming audience or even people go on rumble later and check it out now this chart shows a

00:41:52.100 we had 120 billion dollars not too long ago once again janet on complete mismanagement now it's going

00:41:58.260 to get down the lowest it gets is two billion dollars of cash on the 9th of june well that's the 9th and

00:42:03.400 then once you get to the 15th cash starts kicking back in but this is no formal presentation

00:42:08.660 what you should do is be subpoenaed or invited to come before a committee right now and make a

00:42:14.680 presentation and tell us exactly what's going on i want to see the cash in and i want to see the

00:42:19.040 obligations you have out if you've got to stretch raytheon on a contract on one of their multi-billion

00:42:25.460 dollar contracts you got to stretch them five days hey baby stretch them we're just not going to

00:42:31.120 crater to a deal that's going to have a massive implication going forward because here's what

00:42:34.960 they're trying to do the cartel is trying to do the oldest trick in the book how many times you

00:42:39.320 said do this one just going to kick this is what mitch mcconnell did last time on the debt ceiling

00:42:43.200 you want to kick the debt ceiling past the election that's where they kicked it remember they just kicked

00:42:48.660 the debt ceiling past the 22 midterm why you saw that in passion speech by chip royne i do disagree

00:42:57.220 with peter i thought it was a magnificent speech for what he would that aspect he was taking only

00:43:02.020 had five minutes when you go down there to have a magnificent speech can you imagine the 2024

00:43:07.000 general election where we start in may after the primaries are over and we actually have another

00:43:12.560 debt ceiling debate right look i don't love the deal that's on the table but obviously the deal

00:43:17.900 that's on the table is making a quake the biggest thing is making a quake of everything else not just

00:43:22.000 the cuts and the work requirements and all that one thing's making a quake is you're going to put

00:43:26.300 the debt ceiling right in the middle of a presidential election and we're going to be at

00:43:31.140 33 and a half or 34 trillion dollars what they're asking for is give us another three and a half or

00:43:37.620 two trillion and kick it into february or march after the inauguration uh after the next cycle we're not

00:43:46.400 going to do that you cannot do that uh what chip roy uh what excuse me what russ vote and everybody

00:43:52.220 are telling me is that your phone calls are because they understand activists throughout the nation

00:43:56.920 and this is everybody the precinct strategy folks the monster everybody of all the groups we have on

00:44:02.720 here all the groups and if your local uh party your local party at the precinct strategy or whatever

00:44:08.100 on your facebook everything get people fired up on this get to the ramparts right now because this

00:44:14.080 is your moment this is your moment to block a deal before it gets done and already they said

00:44:19.880 mchenry came out and said well you know we're still far apart and they know no deal they've sent

00:44:25.800 everybody home kevin mccarthy's just announced that he's going to stick around to try to get

00:44:29.900 something done what we need to do is to keep the pressure on to keep the pressure on only the

00:44:35.620 pressure works here 202-225-3121 also go to war room our site or if grace and mo can put it up in

00:44:42.800 the chyron uh make sure you're a co-signer if you agree we never want to tell you what to do

00:44:48.720 we're trying to give you access go to mtg's site see if you want to be a co-signer on the impeachment

00:44:54.040 documents um by the way very bizarre story coming out of texas we'll follow up tomorrow there's some

00:44:59.980 panel there in the house it looks like they want to move to impeach ken paxton the attorney general

00:45:04.880 we'll get more into that tomorrow just popped across our uh our radar here um there's so many

00:45:11.100 things right now that you're signing up for your phone calls your emails is having a big impact

00:45:16.640 we must hold the line we must hold the line and to enforce janet yellen to show us the work

00:45:25.080 let's see exactly what you're talking about there is no crisis yes there's a there's a there's a

00:45:31.240 slight air pocket that air pocket is brought up by their incompetence she didn't manage the cash to

00:45:38.140 why to put the gun to your head let's go ahead and play i want to play this is what they think you

00:45:42.360 this is what the democrats this is the this is what the democratic party thinks of you and try

00:45:47.340 to bring order into the house so that we don't get the 50 trillion dollars can i go ahead and play that cut

00:45:51.800 everybody's trying to do a fine job of figuring out the finer details of this but nothing's done

00:46:01.860 and we're at a sensitive phase um negotiations between the house republican leaders and the white

00:46:08.300 house are still happening at this hour they still need to get a deal they still need to sell it to the

00:46:13.100 broader house and senate conferences and caucuses on each side of the aisle and get that through the

00:46:18.260 parliamentary process which can take many days and get that all done potentially as soon as jan june 1st

00:46:23.840 to avoid that debt default but getting it done by then is seems very unlikely at this point if this

00:46:29.580 comes all as you're hearing mounting frustration from a number of members particularly democrats who have

00:46:35.400 been shut out of these negotiations on capitol hill and are concerned that the white house is giving up

00:46:40.800 too much to the house gop i'm very frustrated you know i i called on the president to invoke the 14th

00:46:50.040 amendment and mint a coin and do not negotiate with hostage takers i mean we don't negotiate with

00:46:56.220 terrorists globally why are we going to negotiate with the economic terrorists here that are the

00:47:01.160 republican party i think the greatest regret that we should have is was the failure stop stop stop

00:47:07.880 stop stop they wanted to do it last time i gotta you see right there that is the geniuses they want

00:47:17.820 making financial decisions in the country he wants to print he wants a uh 14th amendment which is

00:47:23.980 absolutely absurd we know that or he wants to print a commemorative coin and call it a trillion dollars

00:47:28.720 they're not serious and they call you economic terrorists your representatives the people even

00:47:33.200 call your economic terrorists just embrace that your economic terrorists you who are trying to sit

00:47:39.100 trying to be has some sort of fiscal sanity some discernment we have to make tough choices here

00:47:45.440 we can't continue to spend it the other side is not rational this we should not be negotiating

00:47:51.680 there's nothing to negotiate either accept the deal as it is or screw yourself just suck on it

00:47:58.720 because i can get in there and show you you can manage the cash you're never going to default

00:48:03.740 you're never going to default fitch by the way they want these people watching the show they come

00:48:07.980 oh banner's wrong it's just not on government securities if you're a late payment or anything

00:48:11.660 that's just not true nobody cares about fitch nobody cares about you and you're making up the

00:48:17.520 no a default is on a government security and that will never happen and look how they've managed the cash

00:48:23.140 and what do they think they think you're an economic terrorist this is what they come back you're an

00:48:27.720 economic terrorist we should just go to the 14th amendment or we should just print a commemorative

00:48:32.260 coin and call it trillion dollars these are not serious people this is the reason the country's in

00:48:39.140 this situation this is why we have to hold the line there should not be an off-ramp have them pass

00:48:46.500 something in the senate let's go people say today with steve you're going to afford they're going to

00:48:49.580 have something the senate's going to be turned necker and he cuts dare them let me see it do it

00:48:53.180 we got our bill we don't love it but we back it right now number one one of the most important

00:48:58.260 things whatever happens next march you're right back here in the middle of a presidential election

00:49:03.460 they don't want that neither party the unit party doesn't want that they don't want any of that

00:49:09.100 202-225-3121 already not from russ you're having a massive impact we're gonna be back here

00:49:17.260 tomorrow morning we're gonna get into it in the same way uh it's going to be quite intense

00:49:21.640 so i'm sure everybody's going to warroom.org go check it out grace has got the ability you get on

00:49:28.380 our email list to get the morning newsletter with all types of exclusive content totally free uh you've

00:49:35.400 get this whole new package that that grace has put together that you can just sit there right in

00:49:39.520 front of you can just start working on phones and banging calls these people and get right up in

00:49:43.560 their grill so this is going to be quite intense uh by the way a lot of special program we're going

00:49:48.740 to have Posobiec on i think tomorrow morning jack's got a new show on real america's voice

00:49:52.760 you're going to have war room 10 to noon charlie kirk uh noon to two and then the third hour you're

00:49:58.360 going to have jack Posobiec his new show his show is moving to two in the afternoon so you're going to

00:50:02.540 have five solid hours of populist nationalism right in the middle of the day right so what where we love

00:50:08.400 it we love being in the work day we think it's the best television so uh jack Posobiec is going to be

00:50:13.360 we're also going to be all over this a lot going on if i can get i think i got my buddy krom car

00:50:18.800 michael hey krom we got people on the ramparts they are with hearts of lions they got to take

00:50:24.140 care of their hearts tell how do they get to salty why first off why should they buy give me a minute

00:50:28.640 on that and then how do they get it sir steve thanks so much for having me i'll tell you listening

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00:50:48.800 once again my cholesterol is in great shape my blood pressure is 115 over 80 and um and i attribute a lot

00:50:57.540 of my good health especially my cardiovascular system to salty salty is a all-natural uh super extract

00:51:06.660 uh from green tea a particular molecule called theoflavin and we have a we have a proprietary

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00:51:25.420 that raw material and we put it in these soft gels and two soft gels a day will help you manage your

00:51:32.600 cholesterol if you have moderately high cholesterol it may bring it down uh and it'll help your

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00:52:06.920 system krom thank you very much great to have you back on here uh have a great a memorial day

00:52:14.840 weekend we'll look forward to have you back on next week brother thank you thank you very much

00:52:18.660 take you've got a heart of a line make sure you take care of it breaking news as we're going to be

00:52:24.580 back here tomorrow morning 10 o'clock breaking news reuters elon musk neural link gets u.s

00:52:30.160 fda approval for human clinical study of wait for it brain implants hey desantis what's i'd like to

00:52:39.980 know your position on transhumanism since you launched on the leading transhumanist in the

00:52:45.720 country remember he said his company was already the most advanced artificial intelligence company

00:52:49.540 just saying hate to say once again the war room's ahead of it inaccurate i wouldn't trust this guy as

00:52:56.080 far as i withdrawing okay we'll see you tomorrow morning 10 o'clock we're gonna get back in and

00:53:00.460 maybe even get joe allen off his special project come here and comment on this back in the morning

00:53:04.640 tomorrow morning 10 a.m make sure you're here debt ceiling man the ramparts hold the line

00:53:09.500 folks let me tell you about salty it's a company that makes a soft gel supplement rich in antioxidants

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Bannon's War Room - May 25, 2023

WarRoom Battleground EP 301： The Fight For Stopping The Deal

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