Bannon's War Room - WarRoom Battleground EP 475： The Witch Hunts On Trump; Taking Back The Banks

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

00:00:14.180 people off if you continue to look the other way and shut up then the oppressors the authoritarians

00:00:21.940 get total control and total power because this is just like in arizona this is just like in georgia

00:00:27.720 it's another element that backs them into a quarter and shows their lies and misrepresentations

00:00:32.800 this is why this audience is going to have to get engaged as we've told you this is the fight

00:00:36.560 all this nonsense all this spin they can't handle the truth war room battleground here's your host

00:00:43.680 stephen k bannon team in my office that tried this case because the scale and the scope

00:00:53.280 of donald trump's fraud is staggering and so too is his ego

00:00:59.740 tomorrow lago president trump just stepped out let's go ahead and go to him

00:01:04.920 let's jump tomorrow okay there we go

00:01:10.360 we'll be talking about new york where we have a totally corrupt attorney general 0.96

00:01:20.160 she campaigned on the fact that i will get trumped i will get trumped everybody saved

00:01:24.200 this is russia this is china this is india it all comes down to the dsa it all comes down to biden

00:01:41.160 it's uh we jumped against the political opponents

00:01:44.740 the likes of which our country has never seen before you see it in third world countries 1.00

00:01:51.520 banana republics but we don't see it here

00:01:54.260 so i just want to say the great no bank of money said the drop divide that drop is great great customer

00:02:03.920 one of our best customers they testify beautifully and the judge does that he's just a corrupt person

00:02:09.540 and we knew that from the beginning

00:02:11.260 we knew it right from the beginning because we wouldn't give it to the commercial division

00:02:15.520 this judge thought mara lago is worth 18 million dollars and it's worth anywhere from 50

00:02:20.580 to 100 times that amount so we realized that he ruled against me before he even got the case

00:02:26.240 he ruled against me said i was guilty you know what i was guilty of

00:02:29.080 before he even got the case and letitia james has another case altogether 1.00

00:02:33.620 she's a horribly corrupt attorney general and it's all having to do with election interference 1.00

00:02:40.120 there were no victims the banks made a lot of money they made 100 million dollars

00:02:45.200 and by the way i paid approximately 300 million dollars in taxes

00:02:50.660 as the migrants come in and they take over new york i paid over this period of years 1.00

00:02:55.600 over 300 million dollars in taxes

00:02:58.820 and they want me out oh let's see if we can get them out these are radical left democrats

00:03:03.820 they're lunatics and it's election interference so i just want to thank you for being here

00:03:08.740 will appeal will be successful i think because frankly we're not successful new york state is 0.89

00:03:15.280 gone people are moving out of new york state and because of this they're going to move out

00:03:19.580 at a much faster rate they use the statute it's a consumer fraud statute that's never been used

00:03:25.520 for a thing like this before they used it over me because i'm running for president

00:03:29.100 i'm beating biden by a lot we're beating not only the republicans we're beating biden by a lot

00:03:35.580 the poll came out today worth 20 points on biden if i weren't running none of this stuff

00:03:40.560 would have ever happened none of these lawsuits would have ever happened nothing would i would

00:03:44.800 have had a nice life but i enjoy this life for a different reason we're going to make america great

00:03:49.620 again these are corrupt people these are people that shouldn't be allowed to do the things they do

00:03:54.780 and they're using this as weaponization against a political opponent who's up a lot in the polls

00:04:01.000 and always will be because i'm competing with a man who can't put two sentences together

00:04:06.460 who doesn't know what he's doing and we're heading into a third world war because of this guy

00:04:11.720 we have to win this election they're doing everything possible to step in a way but we're

00:04:16.140 not going to stand for it so thank you very much we will get back to work

00:04:20.020 uh it's a ridiculous award isn't it a fine of 355 million dollars for doing a perfect

00:04:26.240 perfect job for having paid back alone the code of faults with no problems

00:04:32.460 the banks were totally you know at the trial they testified

00:04:35.460 he had an expert witness from a stern school in nyu that made a statement

00:04:41.180 and i was very honored by his statement he's one of the most respected people anywhere in the country

00:04:47.580 for doing this kind of thing expert wisdom he said this is one of the greatest financial statements

00:04:53.240 statements i have ever witnessed before and he talked about even the details

00:04:58.040 so my numbers actually were extremely conservative

00:05:01.460 a fine of 355 million dollars for doing a perfect job

00:05:06.720 for having paid back alone with no defaults with no problems

00:05:12.200 the banks were totally you know at the trial they testified

00:05:15.240 we had an expert witness from the stern school at nyu that made a statement

00:05:20.840 and i was very honored by his statement he's one of the

00:05:23.740 most respected people anywhere in the country for doing this kind of thing

00:05:28.600 expert wisdom he said this is one of the greatest financial statements

00:05:33.360 i have ever witnessed before and he talked about even the detail

00:05:37.640 so my numbers actually were extremely conservative

00:05:41.280 they saw this so what the judge did is he brought down certain values like mar-a-lago

00:05:46.340 made it ridiculous but the expert after having all of this

00:05:50.000 testifies one of the best financial statements he's ever seen 0.67

00:05:53.300 and i was honored by that but i also knew we have a corrupt judge he's not a respected man

00:05:58.800 and again i said before he's been overturned on this case by the appellate division

00:06:03.560 four times already it's a record nobody's ever been overturned on one case four times

00:06:09.020 and i think very importantly and i think ultimately the most important we've employed tens of thousands

00:06:17.940 of people in new york and we pay taxes like few other people have ever paid in new york

00:06:23.360 and they don't care about that they it's a it's a state that's going bust

00:06:28.440 it's a state that's going bust because everybody's leaving

00:06:32.040 and it's all headed up by biden who's destroying our country

00:06:35.680 so this is russia this is china this is what you've been reading about all your lives

00:06:40.960 and it's happening right here in our country thank you very much we will stop it we will

00:06:46.660 make america great again you have my word thank you very much

00:06:50.460 okay um right there you just saw live in mar-a-lago that's president trump's um thank you guys

00:07:03.400 that's president trump's um statement we're going to play in a minute uh t uh tish james

00:07:09.240 came to the microphones only for a second but just to summarize 355 million dollar fine

00:07:16.080 including uh i think four million dollars to don jr and four million dollars to eric

00:07:21.700 also they broke it down but in summary president trump borrowed money from banks in the normal course

00:07:29.720 of business in his real estate business these were and it was secured collateralized by obviously

00:07:36.060 the properties there were um some of the most sophisticated banks in the world some of the

00:07:44.440 most sophisticated real estate lenders in the world participated in these loans um in the subscription

00:07:52.040 you know in breaking these loans on the syndication of these loans president trump paid substantial fees

00:07:58.240 and interest rates no loans were defaulted no payments i don't believe were late as least i saw

00:08:05.820 didn't come with the trial the loans were paid off the banks made plenty of money

00:08:10.560 the state of new york argued that they were fraudulent financial statements

00:08:16.180 phony valuations well here's the issue and this is why the banks didn't agree that the banks

00:08:23.140 just don't sit there you just won't walk in and you just don't take what somebody hands you

00:08:27.320 and take it as holy writ you have your own independent uh people that do assessments you have your own

00:08:35.420 valuation experts you have uh your own consultants if it's a peculiar property you have then your own

00:08:43.420 teams that do not just models model after model after model the due diligence here which is the

00:08:50.440 process of which you go and make sure that everything checks out that checks out is substantial that's

00:08:55.180 called the fiduciary responsibility of the banks to their shareholders and to their customers

00:09:01.080 in addition you have not just legal teams on contracts you have especially of real estate law

00:09:11.060 just like you have the banks real estate finance in other words somebody's doing high tech

00:09:15.340 uh investment banking or doing a retail um uh you know commercial lending here you have

00:09:24.020 experts who every second of their professional life are focused on real estate particularly in the

00:09:32.540 marketplace of new york this is the most well thought through real estate market probably in the globe

00:09:40.360 with with some of the most sophisticated lenders sophisticated lawyers sophisticated advisors and

00:09:50.000 consultants what president trump did was the normal course of business of which any company

00:09:56.640 and this is what's scary it's scary for you

00:09:59.200 this is exactly what happened in russia with the moscow show trials this is exactly what happened in

00:10:06.020 germany later they can take and twist anything that is part of the normal course of business and they

00:10:14.140 can twist it they can twist it because they control the rules they can twist it

00:10:19.780 355 million dollars now this is all for one thing this is because president trump is running to take back the

00:10:29.820 white house to win his essentially third time for his second term and leticia james and these people um 0.88

00:10:37.220 are lawless that's not about the rule of law this is lawless it's called lawfare you live in a lawless

00:10:42.900 society of complete anarchy and chaos you don't think it's anarchy and chaos walk through times square

00:10:49.660 just walk through midtown manhattan just walk around go there at eight or nine o'clock at night and walk

00:10:54.800 around see how that works out for you look what happened in kansas city the other day which they

00:11:01.440 still really haven't even named the perpetrators oh they're 15 year old kids so we can't talk about

00:11:05.580 that took what 36 hours even to come out we told you at the beginning what this was going to be if

00:11:10.640 the guys had mega ball caps they'd be kicking down the doors their houses you know 30 seconds after it

00:11:16.380 happened this is the the republic ending we've told you about the finances and we're going to try

00:11:25.480 to get uh philip patrick to join us here in a little while we told you about the republic ending

00:11:30.200 uh financial situation and you can see that today we had a quite detailed discussion about it

00:11:36.700 about the deficits but mike davis keeps bringing up that this lawfare is also republic ending it's

00:11:44.340 certainly ending that republic that was bequeathed to you

00:11:48.020 i mean if you had told somebody about this even when trump ran in 16 as bad as the clinton

00:11:56.820 clinton gangsters are you would sit there and go what are you what are you talking about they're

00:12:02.080 going to do what with trump's business empire for what because these money center banks these big banks

00:12:09.140 do what if the big banks had a problem with the valuations they don't take them at face value this

00:12:16.040 the whole thing's a sham of this they don't take them at face value they do their own independent

00:12:21.320 due diligence they're required to do their own independent due diligence they have a fiduciary

00:12:25.080 responsibility not to accept anything trump says to do their own independent assessment their own

00:12:33.200 independent due diligence and they came up with that these loans were were properly collateralized

00:12:39.480 and that they were charging the right fees and hey maybe it was high maybe it was low

00:12:44.060 the valuation of real estate is both a science and an art but the banks never complain this was 100

00:12:55.040 driven by tish james's campaign promise letitia james campaign promise to get trump 0.88

00:13:02.280 this is the same thing that's happening in atlanta the same thing in washington dc the same thing in

00:13:07.480 south florida the same thing in colorado and you have to ask yourself

00:13:11.640 what is it that drives them to get trump what what is this obsession because it's gone from trump

00:13:20.080 derangement syndrome which is just them on cable tv and everything like that talking trash and and and

00:13:25.940 with their heads blown up etc to now getting to a very dark place because if they can take trump's

00:13:32.940 business they can and they will take yours they can and they will take yours remember after president

00:13:42.440 trump left the white house went back remember the billboards down atlanta if you see anything notify us

00:13:47.460 for domestic extremists domestic terrorists that would be you if they can do this to trump it's not

00:13:56.760 only can they do it to you they will do it to you that's why a lot of people have a lot of fear and

00:14:03.520 anxiety about what's happening in the united states right now the reason they're coming so hard is because

00:14:08.780 of this audience because you have president trump's back you are the muscle in his movement you're the

00:14:17.780 ones that knock on the doors you're the ones that send the emails you're the ones that help organize

00:14:23.740 the precinct strategies you're the ones that go to the conferences you're the ones that are the force

00:14:28.840 multipliers and please make sure you go to cpac.org right now we need you there we're going to have

00:14:36.580 the force multiplier cpac.org war room to get your 95 ticket also go to worm.org events make sure go to

00:14:47.360 events it'll pop up just go there come it's totally free to the uh to the um force multiplier academy

00:14:59.520 we're on wednesday afternoon at the uh at the same hotel complex that we're doing the uh that cpac is

00:15:08.020 going to open that night we're going to do a little pre pre-game for you know four or five hours and get

00:15:14.460 everybody in a room we've already had tremendous feedback on this so get your tickets i think we

00:15:18.040 only fit in 200 people maybe a stretch you get a free lunch a nice free lunch i might add you get

00:15:24.300 to hang out with all your war room um personnel our producers and particularly the on-air talent as

00:15:33.860 much as we can get there's going to be there we're going to be talking about some some great topics that

00:15:37.940 you want to you're going to want to come also about how to become uh how to take all this information

00:15:43.240 and make it actionable and how to drive this because you have to what they fear is you now think about

00:15:52.720 that for a second why would they fear that here's the reason president trump threw a wrench into the

00:16:00.100 system because the system was broken and it was only getting worse that was what his 16 victory was

00:16:06.720 about but now they understand and they flipped the cards over this is why i say that the 16 victory was

00:16:13.940 providential the 20 lost the steel was also providential because up in that time people had this

00:16:21.120 idea that they were just democrats and republicans or conservatives and liberals no no they flipped

00:16:29.300 over all the cards including a card they flipped over today have any time in american history

00:16:35.320 please point to me of the government taking a political leader of a movement

00:16:41.040 a presidential candidate and not just some you know harold what stassen or whatever the guy was

00:16:48.740 stassen used to run all the time in minnesota not not some gadfly i mean someone who's a legitimate

00:16:55.020 president for candidate for president somebody's already been there and now is leading across the

00:17:00.280 boards excuse me everywhere everywhere on what democracy would you do that's a banana republic what

00:17:08.900 you're seeing in new york is a banana republic it must be stopped because if they can do it to trump 1.00

00:17:18.740 they can and they will do it to you remember trump is worth i don't know five six seven billion

00:17:26.640 dollars you're not you're not you're not you're not this is why you talk about people being debanked

00:17:35.860 and de-platformed they want to set they want to create an apartheid state so that maga and the 0.84

00:17:41.720 deplorables are kind of in an apartheid state and they run the deal well here's what we said to that 0.74

00:17:46.320 screw you that ain't gonna happen not on our watch and that's where we're fighting back and not just 0.75

00:17:52.100 that that we lead across the board and you're prepared you're on the the eve or the cusp of one 0.98

00:17:58.540 of the biggest come from behind victories in american history because they thought you were gone

00:18:02.500 they thought your champion was gone and they thought you were gone they weren't going to talk about any

00:18:07.960 maga you know rupert murdoch remember every time you cut on fox and you're watching it you're supporting

00:18:14.320 the murdoch family and they're as bad as evil as source because remember old man the super evil

00:18:21.220 one it's his email it's his email we are going to make trump a non-person well guess what war room

00:18:30.520 gets a vote too bro and uh you lost again just like you try to put you and megan using megan kelly

00:18:37.440 back in 15 you try to put trump out of business very first first debate that didn't work too well

00:18:42.940 did it didn't didn't work out for you no this one worked out even worse not only is trump a not a

00:18:49.660 non-person he's once again the leading political figure in the world think about it for a second

00:18:55.980 that man that comes to right there to his door what has what crime has he committed what has he

00:19:02.740 committed he's committed a crime to say the system is absolutely totally broken it's been exacerbated

00:19:10.380 since the financial crisis of 2008 and also the wars the forever wars in iraq and afghanistan it

00:19:18.460 cost us nine trillion dollars and has virtually destroyed the country he combined that with the

00:19:22.340 financial crisis which we've never really recovered from the wealthy made out great more concentration of

00:19:28.640 wealth during obama's administration than ever and also later during the um end of the you know

00:19:34.000 the second part of the pandemic and through biden one percent best they've ever had it in the history

00:19:39.600 of the earth okay that's all because the way they've gained the system as we've explained here time and

00:19:45.460 time and time again and using the federal reserve to print money and that's what we have to end the fed

00:19:49.900 would love to do it with the fed as a part of this but you can't because the constant money printing

00:19:55.860 machine we're going to have philip patrick on here in a moment from birch gold to talk about that

00:19:59.860 so what was trump's crime was this crime the three three and a half years of peace and prosperity

00:20:06.500 where all he did was take care of the super bad guys like the isis caliphate remember obama told

00:20:13.640 us when we did the transition that was going to be a generational struggle uh it actually wasn't it

00:20:18.540 was 18 months into trump's term they were gone the physical caliphate was destroyed and a lot of the

00:20:23.360 bad guys were killed peace and prosperity president trump took a trade his federal his federal reserve

00:20:30.460 head who was jenny yellantime took one trillion dollars off of the balance sheet tightening

00:20:37.280 quantitative tightening the qts one trillion dollars off while president trump structured the economy had

00:20:46.080 the tax cuts that got us i don't know three percent three and a half percent growth with all those with

00:20:51.020 no inflation no low interest rates people making more money than ever made and by the christmas of

00:20:58.020 2019 remember that remember those good old days those halcyon days remember we had peace he stared

00:21:05.420 down the mullahs he stared down the chinese communist party put terrorists in started to bring them to the 0.77

00:21:09.520 knees putin not invading anywhere remember that making nato pay two percent of which now they're getting

00:21:15.120 to paying two percent because president trump had to browbeat them and they understand with maga america first

00:21:19.260 coming back they got to do it they finally got to become an alliance not a protector of the united

00:21:23.680 states we want to be allies but we don't want to be overlords all of that terrible what trump did it's

00:21:31.140 terrible what he does now your betters every day on the atlantic in the new york times and maggie

00:21:36.900 harryman and cnn and msnbc joyanne reed rachel maddow look at that collection think about it for a second

00:21:45.600 with that collection of clowns i just named would that collection be able to run a superpower when

00:21:53.480 you see the people opposed to president trump you're seeing it right now 0.94

00:21:57.480 eight to ten million invaders in this country since president trump left shortly afternoon on the 20th of

00:22:07.580 january of 2021 10 million invaders in our country destroying the education system the health care 1.00

00:22:15.060 system the inner cities crime out of control 10 million illegal alien invaders think about that 0.97

00:22:21.620 also 34 and a half trillion dollars of debt of which we're never going to pay off a penny we can't even

00:22:27.720 pay uh we can barely pay uh the interest and we certainly can't pay we certainly can't pay the

00:22:34.720 deficits we're spending seven training bringing about four and a half or five it's two train a

00:22:39.660 year as far as the eye can see wars everywhere israel the worst day since the holocaust the whole world 0.89

00:22:48.500 in anarchy and chaos think about that for a second think about the people that hate trump think how

00:22:55.060 they've done you think the seas look at look at letitia james just look excuse me look at uh look at

00:23:00.540 funny whiz on the on the witness stand here say don't don't listen to steve bannon don't listen to

00:23:05.440 the commentators don't listen to mike davis see what you see that's how your cities are being run

00:23:13.720 look at the day in new york they took a man's business empire for what because he was in business

00:23:21.520 with banks banks lend monies they do every day in new york city against real estate and transactions

00:23:25.720 got paid off no bankruptcies no defaults no late payments got paid off made plenty of money

00:23:32.620 and some judge deems that they did not do their fiduciary responsibility they should have charged

00:23:39.620 higher are you kidding me in the united states of america in the global financial capital of the world 0.99

00:23:45.480 the judge sounded like like an idiot sounded like some maybe i don't know a freshman or sophomore in high 0.99

00:23:52.900 school that's trying to learn finance or trying to learn uh economics but doesn't quite understand 1.00

00:24:00.580 because the judge doesn't understand how the world works you can tell that by the idiocy of his 0.98

00:24:05.160 questions your city's governed by that your country governed by that your country governed by jack smith 0.98

00:24:13.320 because this is where we are look at biden biden today gets up and it's talking about russia and

00:24:18.200 talking about putin again and and and the and the opponent of putin that they obviously looks like

00:24:23.060 they killed in this prison in the arctic because i don't buy the coincidence he just you know got cold

00:24:29.380 or tripped up or whatever at the start of the meeting conference is just i'm not a big believer in

00:24:34.420 coincidences and they're bad guys biden loses his train of thought right in the middle of it

00:24:40.640 this is a guy that a special prosecutor said his words uh we got the goods on him he deliberately

00:24:49.000 retained this information classified information deliberately retained it and distributed it to

00:24:55.980 the ghostwriter and other people that he talked to but we're not going to charge him because he's just

00:25:01.220 an old man with a bad memory he's an old man with a bad memory so that old man with bad memory is fine 1.00

00:25:06.560 for the democrats to have his commander in chief with his finger on the on the on the red button

00:25:11.680 and trump gave you three years of peace and prosperity so therefore trump must be persecuted

00:25:21.360 not prosecuted this is persecution and the persecution is because he's america first he puts his country

00:25:29.640 first and as importantly president trump puts american citizens first american citizens first

00:25:37.500 had he put you first so he said right there if he had stayed at mar-a-lago and had a great life

00:25:43.100 after they stole the 2020 election if he had accepted that none of this would happen today would have never

00:25:51.540 come he'd be buying golf courses hanging out with melania enjoying life it's been agony what he's gone

00:25:58.280 through and remember they still got 700 years of prison on the other side of it why why why it's quite

00:26:06.340 simple why he gave you a voice he had your back and now it's time for us to have his

00:26:17.220 okay i came and played latisha james talk for a few minutes but just more rambling nonsense i'm not

00:26:25.500 going to play it i'm not going to i'm not going to insult the intelligence of this audience

00:26:29.000 to hear that rabble and that's what she is rabble um comment on our president the real president 1.00

00:26:37.880 we're taking a short commercial break i think philip patrick's going to join us on the side but

00:26:41.820 this is a quite tragic day in the united states of america of the rule of law burned to the ground by

00:26:49.320 your betters short commercial break return to war in a moment

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00:30:12.680 today for war room veterans you know we have been all over the supply chain issue with china and

00:30:22.120 medications and the uh active pharmaceutical ingredients china has a stranglehold on us 1.00

00:30:28.540 where there's a way to break that jace medical i got an emergency medication kit from them the fda

00:30:36.060 just declared a global shortage of medication and warned that critical antibiotics are in stream

00:30:41.220 short supply across the united states but you know that because you're a viewer or listener of this

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00:31:48.720 war room battleground with stephen k bannon

00:31:57.380 hello because every month it's going to change but here's the key first of all january is not the

00:32:04.580 highest read okay in 2021 the high read was july in 2022 was march in 2021 it was november and by a

00:32:13.300 significant margin over january told you and if you look at if you look at all the seasonalities

00:32:19.500 we've revised you know i have these big charts all over the room of all the numbers that's what i look

00:32:25.460 at to give you big boards i had to redo them there's been so many revisions why because they want to get

00:32:32.000 the seasonalities better so i understand that january might be a little freaky sometimes but

00:32:37.380 it certainly doesn't be a standout and if this number was half or much less than half of the

00:32:43.240 current inflation rates would all of the people talking about it's one-off would they say it's a

00:32:48.600 one-off cooling of inflation there's a huge bias here okay inflation is running hotter growth is

00:32:55.620 slowing that is the definition of stagflation whether it actually happens or not nobody on this panel

00:33:01.520 nobody at the fed and nobody in dc knows for sure three months ago they thought all these numbers

00:33:07.680 were going to be significantly smaller and they were wrong here's the key point three months ago

00:33:14.780 the federal reserve and the secretary treasurer and we couldn't figure it out philip patrick of

00:33:19.620 birch gold thank you for joining me we couldn't figure out why all the sudden pow was saying and

00:33:25.420 and yelen was saying hey i think this is getting better there's going to be four or five rate cuts and

00:33:29.640 we're sitting there going hang on a couple weeks before that he was such a hawk as we said at the

00:33:34.920 time i did at least there's a convergence of treasury and the fed working in conjunction

00:33:39.720 just like you have lawfare here you have finance fair they're going to sit there and do whatever they

00:33:45.460 have to do to prop up the carcass to make sure that trump does not return to the white house

00:33:51.220 it blew up in their face did it not philip patrick well it absolutely blew up in their face just as we

00:33:58.700 we predicted it would it looked like a political stunt at the end of last year it looks even more so

00:34:04.940 like one today producer price index numbers came out this morning showing a 0.6 percent increase in

00:34:12.700 services for january alone uh biggest beat in core ppi uh really since january of 2021 up 5.7 percent

00:34:21.500 year over year and 17.4 percent since biden was elected now rising prices for services concerns the

00:34:30.300 fed a great deal because that's where two-thirds of consumer spending goes the other thing it does

00:34:35.800 and the fed won't be happy but it increases the chances that the feds are going to keep rates higher

00:34:40.780 for longer the market's now pricing in less than 30 percent odd of a rate cut in may and this was on

00:34:47.200 the back of bad news earlier in the week cpi report coming in at 3.1 percent year over year a 0.3

00:34:54.780 percent increase in january so both uh were significantly higher than mainstream economists

00:35:00.380 had forecast and as we've mentioned before these are the official inflation reports right if we used a

00:35:06.760 more accurate methodology employed by the bureau of labor statistics back in the 80s which measured

00:35:12.600 the cost of maintaining a constant standard of living today's inflation rate would be 12 percent

00:35:18.780 by the government's own metric now the problem is the biden administration simply cannot afford

00:35:25.760 to be truthful about inflation let's not forget social security for now is the biggest budget line

00:35:32.500 on the federal government's budget 21 percent of the total budget 1.4 trillion dollars last year

00:35:38.280 and social security payments of course as we know are indexed to inflation so when we see a one percent

00:35:45.060 increase in the official rate of inflation it costs the government 163 billion dollars in additional

00:35:51.740 social security payments the difference between three and 12 percent would cost nearly one and a half

00:35:57.660 trillion dollars a year let's bear in mind biden administration are projected to be about two

00:36:03.200 trillion dollars in the red this year they simply cannot afford to be truthful and that's why all we get

00:36:10.300 is gaslighting you know our attentions turn to the numbers suggesting that bidenomics is working

00:36:16.920 when we all know the reality is very different this is why santelli went off is exactly what uh what

00:36:24.360 philip patrick's talking about he he was tired of the happy talk in the cnbc panel remember hopefully

00:36:29.600 you've learned over the last couple years the inflation is cumulative it's also kind of the

00:36:33.900 inverse of the of the purchasing power of the dollar the inflation is now because cumulative uh over

00:36:40.280 what 14 15 16 maybe 18 percent the the the bls bureau labor statistics if you want to keep the same

00:36:47.420 cost of living inflation be 12 or 13 percent the purchasing power of the dollar is down i don't know 18 to 20 percent

00:36:54.360 it's all directionally in the kind of same area that's why they lived experience this is why they

00:36:59.960 can't sell bidenomics on the talk shows and on all the big thinkers and the high thinkers where he's got

00:37:05.560 low employment not counting the people were working three jobs oh inflation's coming down it ain't and

00:37:11.540 it particularly not for your life this is why the bricks nations why p by um uh my brother here and i

00:37:18.460 three years ago why philip and i three years ago started the end of the dollar empire because we started

00:37:23.080 and said hey you know these guys are actually trying to implement modern monetary theory they'll

00:37:28.620 never say that but they're taking this radical french idea and trying to do it and this is going

00:37:32.980 to crush the dollar and that's exactly where we are now and don't take it from philip patrick or

00:37:38.380 birch gold and stephen k bannon take it from one of our great enemies putin who laid it out in the

00:37:43.420 tucker carlson interview exactly that the strength the united states is the dollar its currency and the 0.82

00:37:49.460 bricks nations are sitting there going hey maybe the deplorables have to suck on this and maybe 0.99

00:37:55.420 maga has to suck on this and maybe republicans have to suck on this and maybe all of them because 0.99

00:38:00.180 they're all u.s citizens they have to suck on this but we don't we've got natural resources and we're 1.00

00:38:06.080 going to figure this out in the interim we're going to call the central banks with all those smart 0.92

00:38:10.840 harvard nbas and stanford nbas working there and tell them get your calculators out and start buying

00:38:16.880 gold and that's what they're doing and that's why you're starting a de-dollarization movement

00:38:21.640 philip is that basically the theory of the case that is exactly the theory and we are making it

00:38:28.540 easy for them look the bricks nations are buying gold for two reasons right one it is just a good

00:38:34.760 financial trade right as you mentioned since the pandemic the dollar's lost 17 percent of its

00:38:40.420 purchasing power gold's up significantly more than that in the same time period so number one

00:38:45.680 just a good financial trade and we can thank president biden for that the second reason is

00:38:51.540 very clear we are using our sanctions in a very well they weren't thought out properly right these

00:38:59.340 countries are now looking at each other they're understanding that by holding dollars they're

00:39:03.580 creating demand for dollars which strengthens the dollar which we are then wrapping up into a big

00:39:08.540 stick and beating them with it so the reality is they say by buying gold not only is it a good trade

00:39:14.780 but we start to kill demand for the dollar as demand wanes the dollar becomes weaker the argument for

00:39:20.400 the dollar is global reserve becomes weaker and that's how we lose it longer term so we've been

00:39:25.760 playing into their hands the biden administration has and they're making the decision easy for central

00:39:32.280 governments you know i've been a big proponent of economic warfare when it's highly targeted and you

00:39:39.320 use it to really take something down what happened in russia is it blew up in their face because they

00:39:44.940 hadn't thought it through kind of even part of what happened with the persians kind of blew up in their

00:39:49.700 face particularly when the biden team got here but let me just put a pin take your number two pencil

00:39:54.160 write something down seizing the russian assets in the central banks which came to about 300 the crush

00:40:00.560 300 to 500 trillion of billion dollars when you look across the board uh all in u.s government securities

00:40:07.340 if they convert that to dollars and give that money because right now we've seized it we haven't stolen

00:40:12.860 it if you convert it into dollars and give that money to the ukraine because the house of representatives

00:40:19.680 that represents the people of this country say no more money for ukraine if you go around it the end of the

00:40:25.120 dollar empire is going to be here a lot quicker than you think because people are going to say hang

00:40:28.980 over a second they i actually buy their securities i hold them there so we can accommodate trade and 0.91

00:40:34.180 use it for trade and make sure that we've oiled uh everything we need to oil for trade and they can at

00:40:39.780 any time just seize it first and then later on convert it and give it to our enemies i don't think i want

00:40:45.220 to be part of that system anymore philip is that is that what we're is that why we're on the abyss right

00:40:49.880 now it is it is absolutely why we're on the abyss at the end of the day if your assets can become

00:40:56.240 liabilities overnight you're going to start looking around and trying to find alternatives and like i

00:41:02.000 said you couple that with the fact that the dollar is actually plummeting in value it makes those

00:41:07.920 decisions very very easy we've been playing into their hands and they know it that 60 minutes interview

00:41:14.960 was very telling putin referenced our national debt reference how we're encumbered overseas and how we

00:41:21.040 should be focusing on domestic issues and i think on that point he may well have been right 0.59

00:41:26.000 uh philip i know you're so busy it's we're so pleased to get you on here because the demand for

00:41:33.440 your services is overwhelming but i want people to know if you go to birch gold slash bannon you can

00:41:38.940 get the end of the dollar empire it's totally free it's there to basically make you smarter uh number

00:41:45.480 three third installment the debt trap phil and i went back with the birch gold team and we update the

00:41:49.860 numbers you wouldn't think something we put out last spring for the debt ceiling you would have to

00:41:53.840 update the numbers but we did and the new numbers will shock you but that's the reality we have here

00:41:59.540 uh but how do people get to you how to get to you when they say hey look i want to find out more i want

00:42:03.960 to find about gold as a hedge i think i've really got to do this now and one of the great things is

00:42:08.460 you're you're tremendous on education and then talking about the various products and services you have

00:42:13.800 where do they go it's really simple it's birchgold.com forward slash bannon again birchgold.com

00:42:21.360 forward slash bannon as you say all the time steve information is key that's where we start so

00:42:27.020 end of the dollar empire reports will give people a really good historical understanding

00:42:31.560 of how we got here we can also help people with information kits on how to protect some of their

00:42:37.460 retirement with physical precious metals so really simple birchgold.com forward slash bannon

00:42:42.740 and at least get the information philip thank you so much knowledge is power knowledge is power

00:42:51.160 and right here knowledge could be money for you philip patrick thank you i know you're super busy

00:42:56.520 thanks for coming on today thank you steve isn't it ironic i get philip on the show because he's so

00:43:03.240 busy now i get him on the show on a friday and we booked this we got to book him early because he's swamped

00:43:08.220 but we we booked him and then you have and then you have the situation with um with new york

00:43:13.960 at the same time we're talking about wow maybe that makes a good time that i should talk to somebody

00:43:20.100 about some gold because i just saw where they're going to take trump's 400 million dollars he's got

00:43:26.500 on his balance sheet they want 355 of it just take it seize it and this is not some third world

00:43:33.280 dictatorship this is not some banana republic this is not something in central america or south america

00:43:38.300 or sub-saharan africa or parts of asia no this would be in the financial capital of the world

00:43:46.060 not the financial capital of the united states the financial capital of the world the most significant

00:43:52.580 if you added frankfurt in the city of london in tokyo in shanghai in hong kong in singapore and yes

00:43:59.900 even throw in dubai right add them all up new york city is more important as far as a financial

00:44:08.280 capital goes now you're providing uh what you should do i say the liquidity is because of the of the

00:44:16.160 uh under structure the infrastructure of common decency in the the little platoons as burke called

00:44:23.100 them because it's that safety it's that absolute safety and security that makes our capital markets

00:44:30.000 that people want to invest here but we're shredding the rule of there's no more rule of law

00:44:35.380 royce white in the previous hour is correct there's the rule of outlaws not the rule of law the rule of

00:44:42.040 outlaws and that's what tish james is and that's what that judge is when they can come in after you've 0.94

00:44:50.160 borrowed money from the most sophisticated banks in the world that are specialists in the area where

00:44:55.120 you're borrowing money and they put the best teams around because you're a big client the best teams

00:45:00.820 around and they do their own due diligence they lend you the money the money is paid back they make

00:45:06.920 their fees and they make their interest and years later you're taken into court because maybe they could

00:45:13.900 charge more on the interest that that people that look at the situation years and years and years

00:45:21.520 later say that hey the assets maybe the assets weren't valued well hey don't look at trump look at the

00:45:27.840 guys that lent the money and the guys lent the money saying hey what are you talking about there was no

00:45:32.160 default there was no late payment we got paid what's the beef what's the beef here's the beef

00:45:40.560 beef it's very simple he's had the audacity to put you in the room you are you you were powerless in

00:45:52.080 this country powerless the whole thing with the bushes and and voting for republicans look what you

00:45:59.080 were but you were voting for your own destruction nine trillion dollars in iraq and afghanistan on wars

00:46:05.180 that they started and then lied to the american people i want to go back and do some new deal let's go

00:46:09.200 back and look at the start of those wars they lied to the american people lied to everybody

00:46:13.880 and then wouldn't ever get out why because their buddies are making too much money

00:46:19.340 go to section 60 in arlington national cemetery go over there today and ask them if it was worth it

00:46:28.400 ask their families if it was worth it ask the children if it was worth it knowing what we know now

00:46:34.660 that's what represented you that's what you put in office i'm not blaming you because you were lied to

00:46:42.180 and the network you all turn to is the same network that the old demon sent an email and said we're

00:46:48.320 going to make trump a non-person we're going to make trump a non-person we're going to make trump

00:46:53.320 a non-person well guess what war room gets a vote too and he looks like he's a pretty big person right

00:47:02.400 now and you look quite small and you're great uh what are you going to take him on with ron the

00:47:07.780 robot de santas all i heard it day in and day out and you had town halls and you had this he was 0.99

00:47:12.500 everywhere he's on the couch the wife's on the couch all of it and i said at the time you people are fools 0.98

00:47:18.680 you people are fools and when he flew around did that three-day tour of the world de santas and he 0.98

00:47:25.280 went to the city of london has presentation guys i know were in the room and then told this guy is a 0.99

00:47:30.260 small-time governor it lacks from a backwater state now florida happens to be one of the greatest

00:47:35.480 states but that's what he acted like that's what the murdochs and fox put their money on and we put

00:47:42.200 our money on trump and i'm just asking for the empirical evidence on the afternoon of the 16th of

00:47:48.920 february in the year of our lord 2024 who made the right bet

00:47:52.040 they hate trump for one simple reason you let me repeat that they hate trump for one simple reason

00:48:03.700 and that would be you they hate trump they want to destroy trump they want to send trump to prison

00:48:10.700 for one simple reason and that is you and you know why because you've had a belly full of how this works

00:48:17.160 you've had a belly full of how it's running you're sick and tired of seeing your country destroyed

00:48:21.520 you're sick and tired of seeing your nation invaded you're sick and tired of having your taxes spread

00:48:26.860 all over the world on stuff that you fundamentally disagree with that does not support your values

00:48:32.220 and most importantly you're sick and tired of having your sons and daughters die on foreign battlefields 0.98

00:48:39.100 to support the crap that goes on in this nation and throughout the world and you finally said i've had 0.99

00:48:45.160 enough of it and trump is my guy 0.99

00:48:47.160 and if you think they're just going to sit there and pat us on the head and say this is good look

00:48:53.540 what they did to him today that's just their opening salvo it's going to get a lot uglier

00:48:59.680 but they got to understand something we've come this far and we're about to go a lot farther and we

00:49:07.020 ain't backing down one inch and we're going to win and when we win and when we win it sure is the

00:49:13.540 turning of the earth there's going to be accountability there's going to be accountability

00:49:18.760 of what went on here of how we got in this situation of how that election was stolen

00:49:24.940 and everything that's happened all the way up to the current time and then all the way up to the

00:49:30.920 5th of november in the year of our lord 2024

00:49:34.900 so tish james go to the microphone talk all you want baby 1.00

00:49:41.860 because 5 november is coming and hey folks we got a lot of choppy water between then and now

00:49:50.800 part of this on the morning show we had people talking about hey it's not just a foreign powers

00:49:57.160 it's just not these hackers it's just not uh non-state actors that are trying to listen and get

00:50:02.220 every piece of information from you non-stop it's your own government we now know that 26 of us

00:50:09.240 that were associated with president trump were illegally spied on by foreign intelligence service

00:50:14.320 it's not steve bannon saying that it's matt taibbi used to be the lead reporter for the rolling stones

00:50:19.240 got a tremendous sub stack out i want to bring in one of my favorite the satellite phone store we got

00:50:25.260 a special today and i want my man to walk through it a big special how you doing sir

00:50:31.560 i'm good steve how are you mate thank you we missed the hit the other day but we got it on

00:50:37.520 today i hope you don't mind my rant we got a couple minutes you take it sir

00:50:40.660 no i appreciate it awesome um steve i think today is a great reminder and a sad reminder that

00:50:46.260 anything can happen uh anywhere if you look from east palestine to lahaina maui you know you do not

00:50:53.520 get a warning when a major disaster is going to happen so the only thing that you can do to increase

00:50:59.880 your chances of survival are be prepared and we've been talking about preparations here obviously for

00:51:04.440 a long time with satellite communications uh but you need more than that so what we've done today at

00:51:09.900 prep123.com is we put together the ultimate survival go bag with satcom so what this includes

00:51:16.860 is a bivy stick right here which connects to a mobile smartphone like this which is included

00:51:23.340 and 36 months of service so right off the bat you will be able to use this uh the bivy stick and

00:51:30.000 this phone to communicate via text messages and receive text messages no matter what is going on when

00:51:36.500 all the cell towers are down and the service is prepaid unlimited service for three years in advance

00:51:41.800 steve we've also got a portable power pack included right here so you can recharge your phone and

00:51:47.980 your bivy stick we then have a portable solar panel that can recharge all of the above and then to keep

00:51:54.940 you safe here and from being tracked we have two faraday bags one for a phone one for a laptop and then we

00:52:01.620 also have here keeps going see we have a knife designed by mike adams a magna cut steel nine inch knife

00:52:07.360 with a four inch blade right there and the list goes on but the point is is this is a bag you can pick up

00:52:13.560 when so when the proverbial hits the fan you can pick up this bag go and you have a greater chance

00:52:18.700 of survival because of what's in it not everyone has the time to put together all these things

00:52:24.040 and there's nothing new here but it's everything that you need to be able to survive i say including

00:52:29.040 communications including a life store so you can drink dirty water right to your mouth through that

00:52:33.340 filter but you have the ability to survive with this kit and it's a prep123.com that's prep123.com

00:52:41.340 or call 775-235-6884 that's 775-235-6884 we're back here at 10 o'clock tomorrow morning chris is going

00:52:52.820 to join us lou dobbs is next

00:52:54.480 i want to warn you of a huge change that could be coming to our money in our bank accounts first think

00:53:08.300 back to 9 11 shortly after the government pushed through the patriot act this gave the government

00:53:12.960 power to spy on innocent americans by monitoring our phone and email and tracking our movement across

00:53:19.260 the internet now jim rickards editor of the independent financial newsletter strategic intelligence

00:53:25.120 and new york times best-selling author is warning about a coming event that could elevate this

00:53:30.760 governmental surveillance to a terrifying new level in fact some of the guests i've had on the war room

00:53:36.340 believed that the government will soon expand their powers to track our every move if we say

00:53:42.060 the wrong things on social media donate to the wrong causes buy firearms or even vote maga

00:53:48.000 the government may be able to shut us out of our bank accounts i can't say for sure if this will happen

00:53:54.420 but it's an interesting and dire warning fortunately jim rickards an american patriot and friend of mine

00:54:00.640 has made it his mission to educate us on what he believes is coming and how to protect yourself

00:54:06.280 from the possibility of programmable money watch jim's warning video now before it's censored like i've been in the past

00:54:15.500 go to rickardswarroom.com that's rickardswarroom.com now to see the video

00:54:21.360 warroomhealth.com all one word warroomhealth.com use the code warroom at checkout to save 67 percent

00:54:28.500 of your first shipment that's code warroom at checkout to save 67 percent and do it again

00:54:33.820 warroomhealth all one word warroomhealth.com go there today you need if you're going to be

00:54:40.460 part of the posse you need a strong heart you need a lion's heart how we're going to do that

00:54:45.240 is with salty go there do it today check it out

Bannon's War Room - February 17, 2024

WarRoom Battleground EP 475： The Witch Hunts On Trump; Taking Back The Banks

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