WarRoom Battleground EP 703： Trump Reinvigorates The Job Market; For The Last Five Years Net Job Growth Has Gone To Non Native Born People
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Summary
Tony and EJ talk about the latest jobs report, the impact of the BLS revision, and what it means for the future of the economy and the country. They also discuss the impact on the mid-term elections and the potential impact it could have on the midterm elections.
Transcript
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be an incredibly noisy report, not just because of that large benchmark revision, but also the
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fact that the household survey, which is being revised right now based on census data, unfortunately
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is also really problematic. The Census Bureau has already said they've had a lot of problems
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with their surveys recently, that the data is less reliable than usual. And so I have really
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very little faith, frankly, that these numbers are not going to see further revisions in the future.
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The other thing to keep in mind, since there was a comment about the Biden administration and this
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bringing some kind of closure, this benchmark only goes through March of last year. In other words,
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you still have a whole nother three quarters that are eventually going to get benchmark.
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And again, if you look at the most recent data from the Bureau of Labor Statistics,
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that points to a huge overestimation of job growth in the second quarter of last year. And the Federal
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Reserve Bank of Philadelphia is saying the same thing. Their estimate for the benchmark is that
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you're going to lose about 800,000 jobs. And that's just for a quarter, not for a whole year.
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So this idea that somehow the numbers are in the books and they're never going to be revised again,
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I think we have to realize that that's just not going to be the case. Now, going forward,
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you know, one of the things we have to consider is the fact that unfortunately, the labor market is
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still facing a lot of headwinds, not the least of which has to do with the fact that this nation is
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buried so deeply in debt. And much of the hiring that we have seen over the last several years has
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been based on taking on that debt. That debt obviously is going to have to eventually get
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repaid. And if it's not repaid in terms of what you might call a nominal repayment,
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it'll still be repaid in real terms. In other words, more inflation. A lot of the government debt
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that was issued over the last several years has already been paid for. It's been paid for by that
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hidden tax of inflation. David, my favorite stat, with the exception of January of 1970,
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the unemployment rate is lower today than it was for every single month of the 70s,
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the 80s and the 90s. Wow. Yeah, it's really good. Amazing. That is amazing. I would not have known
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that. And you know what's even more impressive? It came, the move in the unemployment rate lower
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actually came as the participation rate increased. So more people in the labor market to 62.6%. It makes it
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This is the primal scream of a dying regime. Pray for our enemies because we're going medieval on
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these people. I got a free shot. All these networks lying about the people, the people had a belly full
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of it. I know you don't like hearing that. I know you've tried to do everything in the world to stop
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that, but you're not going to stop it. It's going to happen. And where do people like that go to share
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the big line? MAGA media. I wish in my soul, I wish that any of these people had a conscience.
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Ask yourself, what is my task and what is my purpose? If that answer is to save my country,
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Okay, it's Friday, 7 February, Year of the Lord, 2025. EJ and Tony joins us hot off of his
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hitting his marks on CNBC. EJ, I want to start with the labor announcement. You've been at the
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forefront of these numbers are cooked. What do you think now? President Trump's in charge. Talk to me
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about it. Well, unfortunately, Steve, a lot of the revisions that we've seen, people are taking,
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essentially, they have the wrong takeaway from this info. You were just hearing from a couple
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of people on CNBC talking about the unemployment rate, talking about the labor force participation,
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talking about the number of people listed as employed versus unemployed. This is all coming
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from survey data, which relies on Census Bureau data. In other words, we survey a bunch of households
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and we ask them how many people live here, how many people are working, not working, looking for work
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versus just giving up, looking for work, etc. But then once we get those numbers, we then essentially
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have to multiply them by how big we think the overall population is. And we use Census Bureau
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data to do that. The problem is the Census Bureau data is not reliable, not at all. In fact,
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the Census Bureau has already admitted that they really botched the last couple estimations,
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so much so that it even affected congressional apportionment. In other words, states like Texas
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and Florida should actually have more seats in Congress today than they do. So that, I think,
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helps put into some context what's going on here behind the scenes with these numbers. And also,
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one other real important thing to remember is the fact that these statistics do not distinguish
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between people who are here legally or illegally. And the Bureau of Labor Statistics even admits that
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on their own website. Steve, that's something you and I have talked about quite a few times in the past.
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And so because these numbers are so inflated right now, whether it's the bad readings from the Census Bureau
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or whether it's getting illegal aliens factored in here, whatever the case may be, this doesn't
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actually represent, I think, in a – well, let me put it this way. I don't think this is a real
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representation of how the average American is feeling, of how the average American family
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Yeah, CNBC, they're like cheerleaders. They just take it and think and say, hey, this is the greatest,
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lowest, you know, unemployment rate ever. Everybody ought to be ecstatic. People, I – you know,
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the working class people, people got two or three jobs. We have right now, one of our sponsors is a
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credit card, you know, restructuring business. And they say their business is on – is gangfire
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because – is on fire because they said there's more credit card debt than ever and credit card debt
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that's, you know, non-performing for the reason that people aren't making enough money and they run up
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huge credit card debts. Let's go back. I want to break this down piece by piece because you've
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been the expert of this. And, you know, we don't know how much longer we have you for to – till
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you actually end up going into the government and then we can't get our mitts on you on a regular
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basis. I want to go back to the census data. Tell the American people, tell the Warren Posse audience,
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what's the problem with the census data and has it particularly manifest itself in congressional
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representation in Texas and Florida, maybe other places. Those two, because you're hearing now,
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oh, a 2030, I'll set this right, which is five years from now, that given the flow of people
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to the south and southwest, they're looking for red states to live in because it's ruled by common
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sense and not by left-wing progressive diktat. But even now it's messed up. Texas should have had a
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couple of three more and Florida should have had a couple of three more. So walk me through the
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Well, unfortunately, Steve, some of this traces all the way back to 2020 when it was just very,
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very difficult to actually get census workers to go door to door and to get a realistic count of
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people. And so we had to rely much too much on estimations, which is not the point of a census,
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right? Surveys make estimations. Surveys look at a small group of people and then they extrapolate
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from that what the general population is like. A census is supposed to actually provide a survey of the
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entire population. Sadly, that's not what happened. But then in subsequent years, the Census Bureau
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makes continuous estimates literally every single year to try to measure how much population does
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each state actually have. And to your point, Steve, many red states like Texas, like Florida,
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were undercounted. Meanwhile, several blue states, large blue states, Illinois, New York, California,
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were overcounted. In other words, states that are heavily Democrat have too many seats in Congress
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right now than they actually should. And several of these states that are overwhelmingly red have too
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few. And so this quite literally, especially today when you have a House of Representatives that is so
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closely divided, these kinds of mistakes can literally determine the apportionment, or I should say
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the balance of power in Congress. Because when you're talking about, again, a balance of power
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that's only a couple of seats off, change in apportionment of a couple of seats is literally
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the difference. So now how does that impact, again, what we're talking about here today with
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the jobs numbers? Essentially, these jobs reports are composed of two different surveys. One is a
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survey of business, and that's where we get things like the total number of jobs or the number of
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non-farm payrolls. The other is a survey of households, and that's where we get statistics
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like the unemployment rate. And the problem here is that things like the unemployment rate,
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the labor force participation rate, the total number of people employed, etc., all of the stats that
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come from the household survey right now are being skewed. And they are unfortunately being,
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I think, overinflated. What's interesting is despite this overinflation from the household survey,
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there still is a huge gap that remains between the household survey, the number of people reporting
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that they're employed, as well as the number of jobs in the country. Now, part of that has to do
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with the fact that a lot of people are being double counted, something that, again, we've talked about
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on your show quite a bit in the past under the Biden administration, and you just mentioned it with
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credit cards. People are having to take a second job or even a third job to try to make ends meet
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because of the cost of living under Biden. It went up so dramatically, and now they had to put so
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much of their, so many of their expenses onto credit cards. Now they're trying to dig themselves
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out of that credit card debt. So you end up getting double counting because when you survey businesses
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and you ask how many people are actually working at your business, the business owner doesn't say
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anything about if their employee has a second job. The business owner might not even know if any of
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their employees have a second job. And so to get those types of statistics, we look at the
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household survey, and sure enough, it shows the number of people with multiple jobs continuously
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hitting record high after record high. Because again, people just literally can't make ends meet
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I want to go back to, I tried to get this out in 20, for the 2020, we put a provision in there to
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the Commerce Department and held up in court. But then later, President Trump has talked about people
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around him about not having illegal aliens counted in the census. Because we said at the time,
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Stephen Miller and myself said, it's going to skew everything, congressional representation,
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but also when you think about labor participation rates, all of it, eventually people, particularly
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the Secretary of the Commerce at the time, got weak, kneed, and kind of cratered. How big a deal is
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that? Talk to me about illegal aliens being counted in this, in other foreign nationals,
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rather than having a true count of American citizens.
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It's a great question, Steve. And one of the ways I think that you can really see the impact here
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is when you start breaking down those who say that they are employed in these surveys,
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and you look at whether or not these people are native-born Americans or foreign-born workers.
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And what we see is that, you know, with this last report, it's the end of the Biden administration.
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So essentially, the Biden administration's legacy, if you want to call it that,
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has been the number of native-born Americans is literally right about the same as it was
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before the pandemic. So here we are five years later, and literally no progress for Americans.
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And that's really odd when you consider the fact that this latest census data, if we are to believe
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it, shows a pretty sizable increase in the native-born population. So it's very, very difficult to say
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that there hasn't been a tremendous negative impact with all this illegal immigration. So if we then
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look at not native-born Americans, but now foreign-born workers, we see literally all of the net job
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growth since the pandemic has gone to that cohort. Again, not native-born Americans. You wonder
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why were Americans so angry in November at the Biden administration that they refused to vote for
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Kamala Harris and voted overwhelmingly for Donald Trump, despite the fact that they were told month
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after month that, oh, the labor market is great, we have all these jobs. Maybe it's because native-born
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Americans weren't actually the ones getting the jobs. And we also found out with this report, too,
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that the number of jobs that we thought we had in the economy, it was revised down every single month
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for 2024. The average monthly downward revision was about 620, 630,000. So again, it just goes to show
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you just how overstated these numbers have been. Again, something we've talked about quite a lot on your
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show, and for not just months at this point, but years.
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Okay, I want to go back to that. You're saying that the restatement was average 600,000
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jobs per month for a while under the Biden regime?
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Right. So if we look at the level of jobs every single month, each of those levels was revised down
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every single month for 2024. And if you average out how much, how large each of those revisions were,
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some were 500-something thousand, some were over 700,000. But the average downward revision for
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the jobs level was a little over 600,000, about 620 or 630,000. So again, it points to the fact that
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the economy was really, especially the labor market, was never as good as the Biden administration led
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everyone to believe. And you can only tell people, I think, so many times, don't believe your lying eyes,
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don't believe your empty wallets. At some point, people say enough is enough, and they just don't
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How can the Bureau of Labor Statistics, I mean, is that by accident or design? How can they be
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consistently that bad and not have some sort of correcting algorithm or correcting management,
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sit around the table and say, guys, this is ridiculous. We can't keep doing it. Are they doing it on a
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purpose? Are they that incompetent? Or are the rules and regulations of how they have to count
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kind of these general surveys? In other words, is it a process issue? Is it a competence issue?
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Great, great question, Steve. And I think there's an important distinction to make here. So on the one
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side, in terms of that first part of your question, how did we get here? How are the numbers this
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bad? A lot of that is procedural. A lot of that is there are things that changed in the economy after
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COVID, and there's no doubt about that, right? And unfortunately, previous assumptions, previous
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methods, methodologies, et cetera, no longer work well today. And that is pretty clear to see in the
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math, right? We can go into how these matrices are constructed and everything and the different
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assumptions that are baked into the models, and we can actually find the problems, right? So there's
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nothing, there's no mystery there. The real mystery is why nothing has been done about it, because these
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problems really first started becoming evident about March of 2022, right? There were some signs before
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that, but you can easily dismiss that as noise. But once we get to about March of 2022, it becomes very,
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very clear there are significant problems. And then it becomes a question of, all right, why is it that over
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the last almost three years now, nothing has been done to correct these underlying issues, right?
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And from that clip you played earlier, this idea that somehow these big downward revisions are over,
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I'm sorry, that's just not the case. The next annual benchmark is going to cover the last three
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quarters of last year, as well as the first quarter of this year. In other words, it's going to cover from
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March of 2024 through March of this year. And unfortunately, the best data that we have
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available right now shows that that benchmark is going to be another huge downward revision. And
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three quarters of that is going to fall under the Biden administration. So yet again, we're not really
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going to have a good sense of how bad things have been for literally another 12 months. And I'm sorry,
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but that's just inexcusable. In an age like today, where it is so much easier to collect data,
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especially on a large scale, you can't tell me that that we can't do a better job. I'm sorry,
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Okay, I have two, there's two things that change. Number one, I've got Donald John Trump's the
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president. And number two, Elon Musk has got Doge. How, I mean, how can this continue to go on
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with President Trump's going to, he's a numbers guy, he's going to want accurate numbers,
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no matter how bad they look, or how great they look, he wants us to actually see what reality is.
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What is your recommendation? Now, which a clip will get to the president, if he's not watching live.
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And I understand he's a little tied up today down in Mar-a-Lago. But how, what would be your
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recommendation to Elon Musk team, number one, and number two, to the president of the United States to
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sort this mess out? Because whether they're good numbers or bad numbers, or whether the numbers are
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favorable to President Trump's policies or not, he wants to see accurate numbers. So how do we get
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back that we can actually see what's going on as manifested in the math?
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Steve, another great question. And I think you're absolutely right that what the president wants
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fundamentally are the right numbers, whether they're good or bad. Because if you don't start
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from good data, then you're never going to be able to solve the problem, right? It becomes garbage in,
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garbage out. So, all right, to your question, what do we do from here? I think what you need is for
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Elon Musk's team, what they're doing at places like USAID, they need to go and do that at the
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Bureau of Labor Statistics. They need to go through that organization with a fine-tooth comb, and they
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need to figure out what does everyone there do? Because clearly, there must be a lot of folks who are
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either doing nothing or they're doing counterproductive work in order to produce so many, frankly, garbage
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reports so frequently. So that's number one. Number two is, I think we, again, need to re-evaluate
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the procedures, the processes, how we not only collect, but how we essentially then calculate
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these numbers, and then how we disseminate them. Because the old way of doing things just isn't
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working. This is all in drastic need of a major, major update.
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This is over, Treasury doesn't do this. That's Commerce, correct? Commerce Department,
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the Bureau of Labor Statistics is part of the Commerce Department.
00:18:45.140
Oh, Commerce does the census. Commerce does the census. Labor. Labor Department. Have you had a chance to
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Steve, I have not, but I would be more than happy to do so. I am shocked at the number of people I talk to
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who are pretty high up in different levels of government who don't understand, again, how these
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surveys, how these reports are conducted, how they're assembled, how they're disseminated. It's
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really, really troubling that, again, we just don't have enough people in positions of power who have
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a good grasp on what's going on under them, ostensibly in their name.
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One thing I want to get and make sure I understand it fully, because I said on the morning show,
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there's 70 million men in working, working-age men not in the labor force today, and that is white,
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African-American, and Hispanic. Am I accurate? Is that number, what is the labor force participation,
00:19:43.540
right? But how many actual able-bodied seamen are not in the labor force today, sir?
00:19:49.900
Steve, it's a great, great question. Now, again, I would say take some of these numbers with a grain
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of salt, because you're going to, from the bad census data that we were just talking about earlier,
00:20:01.540
right, that's going to skew some of these numbers. So I'll give you a range here that we're looking at
00:20:06.760
somewhere between six and nine million men who could be in the labor force today, who could be
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doing productive work, providing for themselves and potentially families, but they're not doing so.
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Now, why on earth is that happening? A couple of different reasons, one of which is the fact that
00:20:21.640
the Biden administration has expanded welfare so much. Under the previous administration,
00:20:26.980
they not only increased how much you could get in welfare, expanded it in that sense,
00:20:31.180
but also expanded it in terms of who is eligible. And they reduced things like work requirements,
00:20:37.020
so it had a whole lot of very negative effects, right? Art Laffer has said countless times,
00:20:42.560
if you want more of something, subsidize it. If you want less of something, tax it. Well,
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they have been taxing work, and they have been subsidizing non-work. So it should be no surprise
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that you get fewer people working, and you get more people not working. That's exactly what we saw
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under the Biden admin. It would be great if Trump could roll back a lot of that. The other big component
00:21:04.380
of this has to do with illegal immigration. You know, we all start our careers, no matter where we end up,
00:21:09.740
we all start our careers as low-skill or no-skill labor. And when you flood the country with illegal
00:21:16.460
immigrants who mostly have no skills or low skills, then what ends up happening is that cohort,
00:21:23.500
because of the increase in labor supply, the price of labor goes down, what we call the price of labor
00:21:28.720
wages. And so Americans, when they're first trying to start their careers, are being met with this very
00:21:34.220
unhealthy labor market of incredibly low real or inflation-adjusted wages. And again, a big portion
00:21:40.980
of that has to do with illegal immigration over the last four years. And because of that massive
00:21:46.440
disincentive to work, right, you're going to have to start your career essentially earning absolutely
00:21:50.960
nothing, even less than you might consider a normal start to your career, a normal first job.
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The consequence of that is a lot of people say, forget it, I'm not going to do that,
00:22:00.460
and they sit home on the couch instead. And that includes, again, a lot of these young, able-bodied
00:22:09.460
Last question. Net job growth, you're saying net job growth over how long has included,
00:22:16.680
all the net job growth is going to non-Native-born folks, not Native-born American citizen.
00:22:26.140
That's from January of 2020 all the way through January of 2025. Now, the reason we go January to
00:22:34.020
January instead of February 2020 to January 2025, since February is technically the last month
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before the pandemic, we want to go from one month to the same month in another year. The reason for that
00:22:45.500
is these data are not seasonally adjusted. In other words, there are very big swings in some of these
00:22:51.540
data sets that happen simply because of seasonality, right? A lot of Native-born Americans,
00:22:57.060
for example, take extra jobs in November or December around the holidays, and a lot of them
00:23:02.400
then get laid off in January. You see another surge in employment among Native-born Americans every July
00:23:09.440
because a lot of college kids come home from their spring semester and they get a summer job.
00:23:14.460
And then a lot of them then lose that job in August or September when they go back to school.
00:23:18.900
So you don't want to necessarily look at the month-to-month change. That can be very unreliable,
00:23:23.780
and you might be looking at seasonality trends. So we go from January of 2020 through January of 2025,
00:23:29.580
and there you see almost no change at all for Native-born Americans. So all of the net job
00:23:35.420
growth that we've seen, again, over the last five years has gone to foreign-born workers.
00:23:40.700
I want to repeat that for the audience before I let you go. You're saying for the last five years
00:23:48.140
that the net job growth, that means lost jobs and increased jobs, that all the net job growth
00:23:56.160
has gone to non-Native-born people. Now, American citizens in the last five years have really
00:24:03.460
participated at zero in the net job growth. That's right, Steve. And again, I want to
00:24:10.460
emphasize something that we mentioned earlier, and we've mentioned on previous episodes of your show
00:24:14.520
too, the fact that the Bureau of Labor Statistics admits, they put it in literally every single one
00:24:19.740
of these monthly jobs reports, they admit that that category includes an unknown number of illegal
00:24:26.420
aliens. And so this idea that somehow there is no competition among foreign workers who come here
00:24:33.120
legally or illegally. There's no competition among them and Native-born Americans. I'm sorry,
00:24:38.280
but that's just not the case. For crying out loud, it's called the labor market. The word market is
00:24:49.720
It's unbelievable. This is where you see that kind of seething anger that's right below the surface
00:24:53.860
is summarizing that statistic. And it's not an aberration. It's not one year. It's not 18 months.
00:24:59.380
It's not six months. It's five years. E.J. and Tony, you are quite brilliant. I'm glad CNBC's giving
00:25:05.160
you plenty of airtime, a squawk box in the shows right afterwards. Where do people get you? Where
00:25:11.120
to get your website with all your writings, which are brilliant in your social media? And you should
00:25:15.540
know, E.J., if you want to keep up on economics, his Twitter feed is pretty informative.
00:25:20.140
Thank you, Steve. Best place to find me is going to be right there on Twitter. And the handle is
00:25:26.280
at real E.J. and Tony. Just do me a favor, everyone. Look for the blue checkmark because
00:25:30.660
there's there's now a bunch of crypto scammers who are impersonating the account.
00:25:37.220
Because they know that you speak with authorities, that's where they're going to try to scam people.
00:25:41.720
E.J., you're a you're a national treasurer. Thank you for being on here, brother.
00:25:45.240
Thank you, Steve. Pleasure's all mine. Of all the guys, men and women, we've gotten into the
00:25:52.200
administration, a very high priority for us is E.J. and Tony. President Trump and the team
00:25:57.240
over there, that guy speaks truth to power. Unbelievable in the labor statistics, the best
00:26:01.400
guy I know. Birch Gold, another, you know, interday high, all time high with the with price
00:26:07.540
of gold. We're not here talking. This is like a hot investment. We took on gold years and years
00:26:14.060
ago to try to explain the American people. This is why we did the the end of the end of
00:26:19.060
the dollar empire. President Trump actually came out. I'm not going to let the Berkshire
00:26:22.000
nations do it. What's been doing is the American elite. American elite's been destroying the
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dollar and destroying the underpinnings of the dollars for decades, decade after decade
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because of spending. Birchgold.com. You understand it all. Six free installments. The end of the
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become the smartest person in the room. But that's not what you do it for. You do it for
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your country. Also understanding where you are financially. Birchgold.com. Talk to Philip
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Patrick and the team. Birchgold.com slash bandit. Short break. Back in a moment.
00:26:59.000
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need you healthy. Pressure on in every possible way. But that really hit those cartels in the pocketbook
00:30:48.500
like you wouldn't believe. They were making sometimes more money than they were on drugs out
00:30:54.180
of that. And now that's gone. The only thing they have left now is fentanyl and drugs. And now you
00:31:00.560
got Mexican military guys getting right in between them. And back of them are the U.S. Marines with,
00:31:08.520
you know, Reapers and all kinds of surveillance stuff. So I think things are going to go kinetic.
00:31:13.800
I have a source that's a really good source. I'm not going to obviously say it is. It's
00:31:18.800
telling me that there is tabletop planning right now for the immediate future to using U.S. intelligence
00:31:27.320
and certain Mexican units to go kinetic on narcotics depots, on fentanyl labs, and places like that.
00:31:38.060
When that happens, I mean, get ready. There's going to be fireworks. That's just that these cartels
00:31:43.240
are money-hungry. They're brazen. They're incredibly well-armed from, you know, making
00:31:50.240
billions and billions of dollars on the human smuggling for four years. What do you think
00:31:54.280
they did with that money? They invested it in arms. And they are armed up to the teeth. And they're
00:32:00.300
not going to just sit back there and lose their drug business. They're not without a fight.
00:32:05.500
So I anticipate some fireworks. Military, our troops, U.S. military at the border with weapons,
00:32:12.820
using weapons if need be. They need to protect themselves. But the cartels, again, let me give
00:32:18.360
the cartels a warning. If you are a border patrol agent or a soldier, the whole world is going to
00:32:23.220
come down to you. President Trump is a strong president. He is strong enough and he has the
00:32:29.580
ability to wipe them off the face of the earth. Now, that's the reason they were called a terrorist
00:32:34.280
organization, designated terrorist organization, because they've killed more Americans with
00:32:37.900
their fatten on their drugs than any terrorist organization in the world. They are now designated
00:32:42.200
terrorists. Do not harm our troops or President Trump or bring hell rain down. And he has the
00:32:48.800
ability to wipe them off the face of the earth. They can claim they're a pretty tough organization,
00:32:52.460
the cartels, and they are. But they're not stronger than the power of President Trump.
00:32:58.080
I want to tie it back to E.J. and Tony. Remember, there's no net job growth over the last five years.
00:33:04.280
For American citizen. Embrace that for a second.
00:33:08.500
Net job growth over five years. With the Biden regime putting on, I think, six or seven trillion
00:33:17.780
dollars on the national debt. We're running two trillion dollar deficits every year. Two trillion
00:33:21.740
dollar deficits in all those years. And net job growth did not go to American citizens.
00:33:29.820
How does that happen? American citizens, 60 percent of the American citizens can't put their hands on
00:33:35.600
a thousand dollars in cash, 60 percent of the households. And what Holman and Benzman are telling
00:33:41.780
you is not simply the fentanyl. We've got to make sure that the country's hermetically sealed.
00:33:48.720
You can't have any more. You can't have any more invasions of illegal aliens. You've got to stop the
00:33:53.260
invasions. You have to then deport all the people to get wages back right. You then have to stop the
00:34:00.560
scam on all the visas, all the phony visa programs that let indentured servants, particularly from South
00:34:08.560
Asia, who are exploited, the exploitation of those folks in here to compete with American labor.
00:34:15.200
Over the last five years, given the fact that we ran up trillions of dollars of national debt
00:34:23.160
and have deficits of two trillion dollars a year, which American citizens have to pay back.
00:34:34.840
Not no net job growth for American citizens. Embrace that.
00:34:43.840
And finally, President Trump doesn't designate the cartels as as terrorist organizations to allow
00:34:50.400
us to go to all types of things about stopping their financing, but particularly ability to go
00:34:55.960
kinetic. And the Mexican military is going to be part of this. But you heard Benzman right there.
00:35:01.240
They're working on right now. And you heard Holman and you saw the in Zero Hedge the other day.
00:35:06.220
We sent the almost, I guess, like the old AWACS aircraft down, the spy aircraft, like a platform
00:35:12.400
down Baja, searching out what the cartels are doing over in the mainland.
00:35:17.600
And it's going to go kinetic because these cartels have to be broken to stop the fentanyl,
00:35:21.640
stop the human trafficking, but also send the signal there's a new sheriff in town and we're
00:35:26.160
not going to just let our country be invaded anymore. This is outrageous. You're left with the debt
00:35:31.740
that's caused inflation. You have to pay back the crowding out. So the entrepreneurs like Mike
00:35:37.160
Lindell can't get capital, the crowding out of capital. And if it had net job growth of, I don't
00:35:42.960
know, 10 percent for the American citizens, it'd still be tough to rationalize. But you could kind
00:35:49.240
of make an argument, well, this was to build job, a job force for American citizens. But it's the exact
00:35:54.240
opposite. 100 percent of net job growth in the last five years have gone to non-citizens, not people,
00:36:01.840
not native-born Americans. I'm not a nativist. But working class whites, blacks, Hispanics deserve a
00:36:12.060
shot here. And they don't need to compete against the world in their own country. In their own country,
00:36:16.800
they can compete against the world in their manufacturing, what their labor rates are,
00:36:19.640
productivity rates, all of it. The same with the kids coming to these engineering schools. They can
00:36:24.160
compete with the world in the world. They shouldn't have to compete with the world for a job, particularly
00:36:29.840
for an entry-level tech job in their own country. It's not what their grandparents built this country
00:36:34.820
for, their great-grandparents, their parents. This is an obscenity. It's the twisted logic, the twisted
00:36:41.060
logic of the people that run this country. And Holman and Benson are telling you that
00:36:48.880
this thing with the cartels could go kinetic. I think you have to very quickly cut them off from
00:36:55.460
every source of financing and banking and use the Swiss system. You have to choke them down. Eventually,
00:37:00.500
you have to choke down the Chinese Communist Party. But eventually, I think you're going to have to drop
00:37:04.640
the hammer. And I believe Mexico is going to be at the tip of that. I think President Chambon has been
00:37:09.320
different than particularly her mentor, who I think was kind of owned by the cartels. She sent 10,000 troops
00:37:15.940
to the border. We've sent troops to the border. I think something's going to happen. I think they're
00:37:20.280
going to lead the way. But hey, since it's a terrorist organization, it gives us wide latitude
00:37:24.580
for paramilitary operations. You think that sounds turbulent enough? You saw the markets today with
00:37:32.340
President Trump even talking about reciprocity on tariffs. And he's talking that because of the
00:37:36.380
Japanese, the meeting with the Japanese. You saw the markets all over the place. This is why
00:37:40.760
more than ever, we lay out the macro case all the time. We lay out the geopolitics. More than ever,
00:37:46.280
you've got to go talk to the guys at Birch Gold. Philip Patrick, one of the things we do with
00:37:49.460
sponsors is to make sure that we deal with these folks and that you will have a relationship with
00:37:54.980
senior management. Mike Lindell is going to be here in a moment. You've seen it's been a great
00:37:58.780
partnership between the War Room and Mike Lindell and MyPilla because Mike Lindell is available.
00:38:04.480
People have been calling. People see him, talk to him about it. He's a great guy, very open,
00:38:08.280
and not just part of the movement, the MAGA movement, one of the foundational members,
00:38:14.360
but just a great guy that people are accessible to. So is Philip Patrick, the team.
00:38:18.300
This is why Birch Gold is kind of on fire. I want to make sure you go to birchgold.com
00:38:21.680
slash Bannon, end of the dollar empire, get all the information. They got another brochure,
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investing a gold in the age of Trump, which I think you need to read because it's very smartly laid
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out. But then talk to Philip Patrick, the team, birchgold.com slash Bannon. Do it today.
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Or just take your phone, text Bannon at 989898. You get all the different information,
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401ks, IRAs. Those details are what the Birch Gold guys walk you through.
00:38:48.420
Mike Lindell, big day. Faith office announced the Pam Bondi signed the task force on making sure that
00:38:57.480
Christianity is no longer attacked by what taxpayers pay for a government, and they end up attacking
00:39:03.220
Christians. It's ridiculous. You've got, you've done the cross. Talk to me about that. Your faith,
00:39:09.200
what the cross shows today being kind of the culmination of 48 hours, national prayer breakers
00:39:13.940
yesterday, of President Trump's support of Christianity.
00:39:18.800
Absolutely. And, and Steve, you know, it's kind of funny when the back of the day, everybody,
00:39:24.000
when I was my only call center and I, I wasn't even saved yet. I hadn't completely surrendered my
00:39:30.340
life to Jesus Christ, but I always wear my cross. And I'd have people calling out going,
00:39:35.360
you're just using your cross to sell pillows. And I, I said, no, I always wear my cross. And I would
00:39:40.160
literally email them or text them pictures of me wearing my cross when I was in the crack houses,
00:39:46.020
when I used to be an addict. And, and so I always wanted to be that, that person. And I did a full
00:39:52.760
surrender February 18th of 2017, everybody. But, you know, God was always chasing me. And I'll tell
00:40:00.120
you the, you know, what our, what our faith has done these last four years, everybody, when people
00:40:06.580
came up to me all the time and they're saying, Mike, you know, when you spoke at the Rose Garden
00:40:11.060
in 2020, you said, God has given us grace for such a time as this. And they go, this sure doesn't feel
00:40:17.440
like grace. Well, you know what, the last four years, you know, and I kept telling everyone,
00:40:23.380
you know what, God uses all things for good. And that those who believe and look what's happening
00:40:28.680
now, the manifestation where, you know, that the above, of the four years of it, and even longer
00:40:34.500
than that, this, this spiritual battle of epic proportions, biblical proportion, and to see
00:40:40.700
things like, you know, Pam, what an awesome job. When you said before, Steve, too, I want to bring this
00:40:45.540
up. You said, you talked about, you know, the illegals and the cartels, you know, my recovery
00:40:52.460
network that that's being attacked now, a Christian network. This is all, you know, all the drugs and
00:40:57.900
people that are on drugs and stuff and the fentanyl that poured into our country. But one of the things
00:41:02.440
everybody, when we, when I talked to, when we were doing our flipping Democrat program and we were in
00:41:08.340
Chicago, the number one thing there was the illegals taking their jobs. And also even about the,
00:41:14.760
the fentanyl pouring in the people that had died from the cartels. So, you know, two things, all these
00:41:21.220
problems getting solved now, or at least, at least the doors getting shut on. You know, God's allowing
00:41:28.800
to shut doors that no man can open and open doors that no man can shut. We're coming into a new, amazing
00:41:35.960
time in history for, for Christianity, for, and for people and for, um, um, it's, I'm so excited,
00:41:44.520
Steve, the things, every day is a new excitement.
00:41:49.460
Um, talk to me about, talk to me about, uh, I mean, you've done so much work on, on, on the stealing of
00:41:54.640
the 2020. You were one of the first guys that was providential, quite frankly, that it was stolen
00:41:59.060
because we see much more. Uh, how has this been for you? Not just, I know the campaign, you did
00:42:04.400
such work, you worked like crazy. You've now had a chance to spend more time with the business,
00:42:08.540
but what is, what are these first couple of weeks meant to, meant to you? The days of thunder?
00:42:13.620
Well, it's been, you know, people say, Mike, you've been vindicated, you've been vindicated,
00:42:17.540
you know, and, and you guys, for me, my big goal is to get us to, to secure our election platform.
00:42:24.100
So 2020 never happens again or any other election. We want to have elections, not selections. Our great
00:42:30.900
president wants us to get to a day where we have paper ballots, hand counted, same day voting,
00:42:36.020
uh, voter ID, um, what a concept. Um, so that's where I'm at, Steve. I think it's going to be a lot
00:42:43.360
easier that for my teams to move forward and get to that point before the 2026 elections. And, uh, um,
00:42:51.660
I'm going to be bringing full reports to the White House of what we did the last four years,
00:42:56.460
where our, where our successes are right now. And, uh, you learn all these things. We learned so much
00:43:03.380
the last four years. So I am, it's, for me, it's almost like, um, it's, it's a big relief
00:43:09.560
in that space because there's so many politicians that now that I got to meet over the last four
00:43:15.760
years. Um, you know, I know every, every, you know, most of the attorney generals, most of,
00:43:21.800
a lot of the secretary of states. And there's some, there's actually some good ones that were put into
00:43:26.320
place. Um, we actually have before we had not. Now we have just a handful. And, and then everyone
00:43:32.240
that Donald or the president Trump has been appointing, um, they're all, they're all, well,
00:43:37.840
this one's all for securing elections. This one's over here. They're all for the same thing. We all want,
00:43:42.480
and this is just not just reply. This is all people. People want to have secure elections.
00:43:47.520
And, and, um, you know, so that's where I'm at. And I'm very excited. Um, I feel, um, as we move
00:43:55.160
forward here, we get to CPAC, we're going to do, this is going to be like a relaunch everybody that
00:44:00.100
we're doing. And, uh, uh, in my teams, we're, we're just, uh, we're going to, over the last month,
00:44:06.020
we've just kind of digested all these successes where we, what states we think can get to that point
00:44:11.980
before others. We're also, I'm going to work with our president from the top down,
00:44:16.020
what he can do to get to that great day where we have, um, um, secure elections. Remember,
00:44:22.160
I think it was Obama, uh, deemed our elections critical infrastructure when we got to treat
00:44:27.820
him as such, but there's a lot of things by him doing that, that come into play. Like,
00:44:34.020
hey, maybe you shouldn't have machines made with foreign parts in our elections. There's
00:44:38.320
a lot of things like that, Steve, that come into play, uh, that we've learned now. And we've got
00:44:43.080
great teams on the ground and, and, um, and then now we have a white house and an administration
00:44:48.580
that's going to help us get to that point that we've been fighting for.
00:44:54.840
Tell me about, uh, tell me about the crosses and tell me about the, the great special you've
00:44:58.660
been running, uh, that you guys, you guys, we want, we want everybody at the war room
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policy. It's kind of like, if you could never try to my pillow 2.0, we have this called the war room
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on it because once they're gone, they're gone. I'm kind of humbled. The one with me holding the flag
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is almost gone by the way, everybody. But the, uh, but these, um, this gives you a chance to try my
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our country. And so you go to the my pillow website, go to my pillow.com. Make sure you all scroll down
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till you see our great leader Steve's there. If they click on it and there you get the crosses.
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This is a war room exclusive save 30%. Uh, you there, you see the 998 pillow special,
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best sleep in history. We all need sleep now. Now we're proactive before we are reactive the last
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four years learning. Now we're proactive. We still need great sleep and great energy because
00:46:51.440
our work's not done and we're going to get there. It's going to be amazing.
00:46:54.400
Uh, Mike Lindell, thank you so much. Look forward to seeing you at CPAC. It's going to be great. It's
00:47:01.120
going to be fun. Uh, you're going to do some relaunches. So it's going to be fantastic.
00:47:04.320
Mypillow.com promo code war room. Go check it all out today. Sir, you've done great work laboring
00:47:10.320
or laboring in the vineyard. Thank you, brother. Before we leave tonight, um, the special tomorrow,
00:47:18.720
we're going to be at Harvard. We're going to be broadcasting live from Harvard, uh, from Harvard
00:47:23.760
square. Um, and we're going to have some interesting guests on tomorrow. You don't want to miss that
00:47:29.600
show. I'll actually be speaking later in the day over at Harvard square. Um, and, um, it's going to
00:47:36.080
be quite, quite fascinating. Have not been back in quite a while. Uh, CPAC, go to CPAC.org slash war room,
00:47:44.240
get a 20% discount. The tickets are only 76 bucks with a ticket. You now just get all the four,
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what four days at, uh, at CPAC or three days at CPAC. We're also going to do a force multiply academy.
00:47:55.840
We're also going to do an entry, uh, start a party on, I think Thursday night. Uh, we're
00:48:01.600
going to do a brunch on, um, on, um, Sunday morning. I don't know, may throw in another
00:48:06.560
party and Saturday night, who knows? It's going to be a great time to meet and greet all the war
00:48:11.200
and posse. So go to CPAC.org slash war room, tons of free stuff. You get 76 bucks for general
00:48:17.840
mission ticket. Uh, and you're gonna get all types of other things. We're gonna be broadcasting
00:48:22.640
for all three days there with real America's voice. Got a special, since we've created so much
00:48:26.640
noise, the war and posse is so loud and unruly as we love you. We're going to have our own special
00:48:32.000
kind of stage. It's going to be down near, uh, where, uh, where the Patriot mobile is going to
00:48:37.120
be also making Kelly and all the big podcasters are going to give due to their podcast right next to us
00:48:41.760
in this little, um, setup so they can have a live audience and maybe we'll jump over there and
00:48:46.480
participate. We're really looking forward to it. Very excited. So CPAC.org slash war room,
00:48:50.800
76 bucks is the ticket. Make sure you get it. We'll see you there. Force Multiplier Academy
00:48:56.000
on Wednesday, the day before. Then we're going to have a party on Thursday night that all you
00:49:00.960
guys are invited to. We're going to put that up so you can RSVP. You have to have a ticket
00:49:04.800
to RSVP to the, um, to the, uh, to the Force Multiplier Academy and to the party. And we're
00:49:10.160
going to have a farewell brunch for everybody on Sunday. That'll also be totally free for everybody.
00:49:14.800
And we may even do a party on Saturday if I can figure out a venue and how to have it.
00:49:19.200
So my point is you're gonna have a great time. CPAC.org. I'll be a, uh, I'll be one of the
00:49:24.640
keynote speakers. I'll give you the time and date on that later, but looking forward to seeing
00:49:29.360
everybody meet and greets, uh, breakout sessions, our entire crew will be back. Everybody from, uh,
00:49:34.800
from, um, uh, Grace Chong, Mo Bannon, Jane Zirkle, whoever hasn't gone in the administration,
00:49:40.480
the great Natalie Winters will be there. Everybody, uh, Birch School. And today the
00:49:44.800
president talked about, talked about tariffs on autos. I told you in the morning show that
00:49:50.640
was going to come up. It did come up. It's a big deal for president Trump. It's a, a very
00:49:54.880
big deal for president Trump. So it came up today. Uh, it's going to be more turbulence,
00:49:58.960
markets kind of all over the place, uh, gold at a near all time highs. It hits an all time high.
00:50:03.920
Then maybe backs off a little bit. Uh, it's not that it's an all time high. It's the reason it's
00:50:08.800
an all time high. That's what you need to know. We lay it all out for you. And all the free
00:50:11.840
information we put up at birchgold.com. But Philip Patrick and the team can talk to you about how
00:50:16.240
you get into gold, how you do it, maybe on a tax deferred basis or tax free basis.
00:50:20.960
Birchgold.com. Talk to Philip Patrick or go Bannon, B-A-N-N-O-N at 9-8-9-8-9-8 and get everything
00:50:27.120
free. When you talk about, uh, this confrontation, Japan today was talking about defense, defense
00:50:32.240
against what defense against the Chinese Communist Party. And a big part of that was about the supply
00:50:37.120
chains. And remember the Chinese Communist Party can cut us off at any time because they control
00:50:41.120
100% of what's called API active pharmaceutical ingredients. Yes. They make a hundred percent of
00:50:47.440
it. Generics. I think they do 80%. India does 20, but that 20% India is tied to active pharmaceutical
00:50:54.480
ingredients. Where does that leave us? Jace Medical. Get the Jace case. Jace Medical took Rosemary
00:51:00.240
Gibson's book and turned it into a business. She warned us about the supply chains. They did something
00:51:04.160
about it. Dr. Sean Rollins and the team. So go to jacemedical.com, put in Bannon, you get a discount.
00:51:10.960
Do that today. Okay. We're going to leave you with the right stuff here on a Friday. I want to thank
00:51:16.640
everybody. Tomorrow morning we'll be from Harvard Square at Harvard University, a show you're not
00:51:22.640
going to want to miss. So we'll see you tomorrow morning at 10 a.m. Eastern Standard Time. And we'd
00:51:26.480
leave you with the masterpiece, the right stuff.
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