Bannon's War Room - April 17, 2025


WarRoom Battleground EP 749: Asleep At The Wheel With what Is Happening In South Korea


Episode Stats

Length

54 minutes

Words per Minute

169.65268

Word Count

9,201

Sentence Count

57

Misogynist Sentences

5

Hate Speech Sentences

17


Summary

In this episode, we talk about the impeachment of President Park Geun-hye and what that means for the upcoming presidential election in Korea. We also discuss the growing threat of cyber espionage by the Chinese government.


Transcript

00:00:00.000 The first time it was the first time I would like to welcome you to the next episode.
00:00:05.000 Hello!
00:00:07.000 Hello!
00:00:08.000 Hello!
00:00:09.000 I'm a big fan of the U.S.
00:00:10.000 and I'll give you a big voice.
00:00:13.000 I'm a big fan of the U.S.
00:00:15.000 Finally,
00:00:16.000 I'm going to call you the U.S.
00:00:18.000 I'm going to call you the U.S.
00:00:21.000 and I'm going to call you the U.S.
00:00:24.000 I'm going to call you the U.S.
00:00:29.000 I will give you a big fan of the U.S.
00:00:35.000 I'm sorry for the U.S.
00:00:37.000 The U.S.
00:00:41.000 The U.S.
00:00:44.000 The U.S.
00:00:49.000 The U.S.
00:00:50.000 The U.S.
00:00:53.000 The U.S.
00:00:54.000 The U.S.
00:00:56.000 The U.S.
00:00:58.000 this is the primal scream of a dying regime pray for our enemies because we're going with the evil
00:01:18.900 on these people here's not got a free shot all these networks lying about the people the people
00:01:25.500 had a belly full of it i know you don't like hearing that i know you try to do everything
00:01:29.420 in the world to stop that but you're not going to stop it it's going to happen and where do people
00:01:33.000 like that go to share the big line mega media i wish in my soul i wish that any of these people
00:01:40.820 had a conscience ask yourself what is my task and what is my purpose if that answer is to save my
00:01:48.760 country this country will be saved war room here's your host stephen k bann
00:01:55.880 it's holy thursday it's the 17th april in the year of our lord 2025 uh we had to this morning on the
00:02:07.360 show of uh the individual george aminian running for the president of romania in the sovereignty
00:02:12.800 party uh as you know as we do this coverage for brazil or france uh in the united states the
00:02:19.540 legal system of the globalist is all over uh trying to um trying to destroy the sovereignty
00:02:26.580 movement throughout the world the kind of the mega movement that's going global um in korea i think is
00:02:32.240 the most dangerous part of this they've had a coup a coup that the chinese communist party was in back
00:02:38.740 of uh now things are getting sorted out there's going to be a new election colonel john mills is
00:02:43.900 with me and mina kim mina from build up korea mina let me start with you what did we just see there
00:02:49.700 because it it seems like there was this intense period around the coup right to remove the existing
00:02:57.340 president now things are getting sorted about the election to just walk me through the intensity of
00:03:02.040 what we saw a week or so ago where we are today and where are we heading towards on this uh on this
00:03:07.440 election sure i would love to um so things are pretty intense in korea right now with the court's
00:03:14.100 decision to unanimously impeach the president there's certainly a lot of controversy surrounding
00:03:19.160 the martial law declaration which has caused the impeachment the timing the way it's handled
00:03:24.620 some of these are regrettable regrettable in many ways um but however one thing that came out of the
00:03:31.040 whole process is that it opened the eyes of the people to the deep corruption within the government
00:03:35.800 so the video you see right now here is um there's this movement happening called yoon again um but
00:03:42.160 from what president yoon himself has said it's not about him running again he's saying that it's more
00:03:47.260 like a korean version of maga movement which is an effort to inspire people to elect a leader who will
00:03:53.540 make korea great again not and not necessarily him and right now there are about um five or six big
00:04:00.000 names in the conservative field uh but no one's really dominating in the race uh there's a prime
00:04:06.160 minister han which we'll talk about later um he's acting president right now is not officially running
00:04:12.400 but people are talking about him um he's someone who understands foreign policy really well especially
00:04:18.640 because he used to be um korea's ambassador to the u.s and he tends to appeal to moderates as well as
00:04:24.280 conservatives talk to me is the um in the yoon again are people awakening to the fact that outside
00:04:35.420 influence chinese communist party and others influences were there to actually drive this
00:04:41.080 thing and and to actually have yoon uh removed and and pretty extraordinary in korean politics to
00:04:47.020 actually have him removed from office of course it definitely had an influence i think and one of the
00:04:52.380 biggest threats um korea is facing right now is china's growing influence inside korea um there's
00:04:58.640 ton of ccp espionage going on including drones flying over military bases hacking into government
00:05:05.640 systems that kind of thing and one hack even leaked identities of the black op agents korean black op
00:05:12.440 agents and sensitive military data and it's not just the cyber stuff the chinese have been buying up
00:05:18.160 over 50 percent of jeju island which is the top vacation spot in korea is now owned by chinese
00:05:24.920 investors and there's also a province called jola province which is kind of like california of korea
00:05:31.940 chinese companies are making massive investments there as well and here's the part where that really
00:05:38.120 worries me in korea foreigners can be can vote in local elections if they've lived here for just three
00:05:46.120 years as permanent residents and that population is growing fast most of them are chinese um so now
00:05:52.640 we've got foreign nationals who aren't even citizens voting in our elections which is very wild and it's
00:05:58.380 very familiar um and the last serious matter is that the democratic party of korea is against
00:06:04.720 punishing chinese spies under korea's espionage law even though they're clearly a growing threat in korea
00:06:12.120 where are young people coming out where are people under 30 coming out on on this issue are they are
00:06:20.080 they getting more anti-american are they closer to america they like what they see in the mega movement
00:06:25.460 are they uh be you know getting closer to china i know korean pop is some of the uh most influential
00:06:34.020 and biggest of all not just music but cultural influences in asia and particularly east asia so where
00:06:40.900 are the young people coming out on this so young people in korea are impacted by social media such
00:06:47.900 as instagram or even x we're not big x users but with uh elon musk in america a lot of korean young
00:06:54.960 generation have been um getting into x most lately um and the one of the concern is though we don't have
00:07:02.180 a major conservative media outlet in korea and i i'd say about 99 of the media leans left and a lot of
00:07:08.700 young population are affected by the media as well but they are slowly realizing um what the media is
00:07:15.160 doing is very corrupt and especially with the fact that there's this one um broadcasting center media
00:07:22.200 in korea which is considered a mainstream media um they were actually going under seriously and all of a
00:07:28.800 sudden china's it company called tencent they pumped 10 billion dollars into them and now the outlet is super
00:07:35.700 pro china and pro left and not really pushing for korean interests anymore so korean young generation
00:07:41.740 are under 30 or 30s are realizing that the media is already bought up by chinese forces and something's
00:07:48.480 wrong so um and then uh with the whole president trump and elon musk doge exposing uh government
00:07:55.900 corruption in america they're slowly thinking that korea also has the same problem and they're getting
00:08:02.400 deeper into this issue well colonel mills uh give me your assessment you've been on this for a number
00:08:09.700 of years uh you were the first to give us a heads up that said hey something's happening with yun and
00:08:15.000 they're going to try to make a move on him and clearly they did which is still the most outrageous
00:08:18.740 thing to remove yun uh from office in what was a coup d'etat um where do we stand today sir
00:08:24.720 well thank you uh steve the uh what we have is a massive dereliction of duty within the u.s
00:08:32.920 government to even understand what's going on now some of this is absolutely intentional
00:08:38.140 we have an acting ambassador over there yun y-u-n uh i don't know him personally but i've had several
00:08:48.420 reports he actually was even after the election and he and even after the inauguration i'm talking
00:08:56.740 about the american election november he was actively coordinating with the democrat party of south korea
00:09:03.800 and essentially ignoring and not not uh so he was a partisan so i think we have a huge problem over
00:09:11.620 there right now we need to get a mega ambassador or somebody right-minded okay so here's what but
00:09:19.860 here's what here's what i don't understand south korea has been one of our best allies ever we still
00:09:26.520 have 28 000 combat troops there south korea is what that south korea and australia had our back
00:09:33.360 even during the vietnam war um how could this go i mean i'm upset enough and we're working people
00:09:40.920 should know we're working with it so fact whatever on issues related to brazil why does it appear and
00:09:48.260 at this time you know they're flying over they're trying we're trying to work out a big trade deal
00:09:52.660 with korea why does it seem like we're a little bit asleep at the switch of what's going on in south
00:09:59.340 korea since it's um you know it's always been called what the knife that's pointed at uh at japan
00:10:06.140 it's on you know it's part of mainland asia uh we fought a massive war there with the chinese back
00:10:11.720 in the 50s i think it was 500 000 chinese troops overran the marines there uh in the army uh this
00:10:19.320 has been something we've been you know involved with since uh world war ii in the 1950s this was
00:10:26.540 always a priority when i was in the seventh fleet we would do combined exercises with the korean navy
00:10:32.900 this is when the japanese navy really wasn't because of their their post-world war ii defense
00:10:37.580 pack really were quite by uh institutionally were pacifist the korean navy was the navy in the east
00:10:46.500 china sea and really in the south china sea in the straits of taiwan because the taiwanese navy
00:10:50.440 was very small and their land forces they're some of the best combat troops in the world
00:10:56.320 i'm just stunned that we're kind of on our back heels when it's so obvious and people you know
00:11:04.060 and people we know that the chinese communist party which is at economic war with us and now
00:11:09.280 we're fully engaged on a global basis right there in east asia they've had a coup and just use guess
00:11:16.600 what uh the the the phoniness of an election and people questioning that like donald trump did and we
00:11:23.620 did and we still continue to do in in romania this morning right you've got issues with bolsonaras on
00:11:30.040 trial uh uh you know across the world how how is it that we seem like we're on our back foot on this
00:11:36.800 so the american footprint over there is dominated we'll just let's just call them what they are
00:11:45.660 we call them tour babies and i'm talking about both the uniform military and even our intelligence
00:11:51.620 community and uh and state department staff the tour babies which are oftentimes they have uh they have
00:11:58.660 spouses that are related to korea they're over there living the good life and they are often ignorant as
00:12:03.900 to what's really going on on the ground moon jn replaced the top 400 military and intelligence
00:12:13.220 officers that had a close relationship and the american uh counterpart just said hmm okay wow all these
00:12:20.980 people just got replaced okay we'll deal with the new force that uh moon jn put in we gotta i'm sorry
00:12:27.920 hang on slow down slow down slow down slow down stop i want to make sure the audience understands that hit
00:12:33.200 rewind what did you say when did it happen because it's pretty shocking right but i don't think a lot
00:12:39.580 of folks understand that walk us through that again of and how we accepted this as a government
00:12:45.480 walk me through that well this was during uh the biden years but moon jn uh replaced uh summarily
00:12:52.980 maybe even incarcerated maybe even executed the 400 at least top uniform military leaders of south korea
00:13:03.660 and the k cia uh the cia equivalent uh so he did a massive purge and our u.s government response from
00:13:15.300 the deep stater elites was ho-hum this was shocking we should have had alarm bells going off but again
00:13:22.420 it looks like and the usa bumper sticker is all over the korea uh the national election commission and a
00:13:29.700 web over there so it looks like we were we had both people asleep and people in cahoots with the coup
00:13:37.320 that was going on over there um what is our current status right now the state of play the election i
00:13:46.180 think they have to identify they have to they have to come forward and say we're actually going to run
00:13:50.340 i think by may 3rd saturday the 3rd or sunday the 4th then we have election but what's what what do you
00:13:56.640 sense the state of play is right now
00:13:58.560 i like mina go ahead please oh no no john hang on hang on hang on hang on a second john i want you to
00:14:07.700 answer that give me the state of play in your assessment it's they're forming and storming there was
00:14:14.120 great anguish after the uh constitutional court decision which i am concerned they were actually just
00:14:22.640 a feud on april 1st april 2nd it was looking like they were going to actually restore uh president
00:14:29.360 yoon y-o-o-n president yoon uh to his position and essentially uh vacate the impeachment and then
00:14:37.860 somebody talked to them and they flipped all eight went against uh yoon y-o-o-n so this is just shameful
00:14:46.060 i think they're rallying now there was a sense of despair shock but i think they're
00:14:52.400 getting to rally and uh you know the top four uh na kim uh hung han i mean i think they just got
00:15:01.400 to form and storm around somebody who can win and i think it's a pot everybody most koreans know
00:15:08.860 lee of the democrat party is is uh let's just face it he's a crook and he's a he's a shill for the
00:15:15.460 for the communist party and this is very important this is not north korea anymore this is communist
00:15:20.700 china they are the puppet masters uh mina the same question and particularly given i think the
00:15:29.540 critical path here is the third or fourth you've got a couple people out there isn't i've seen
00:15:34.600 recent polling over the last couple days are people rallying rallying to the prime minister
00:15:39.860 because he's kind of last man standing i think the mayor of soul has already announced he's not
00:15:44.440 going to run so does it look like it's coming around or starting to revolve around was it the
00:15:49.340 prime minister um who's left behind or where do we stand right now in your your mind yes there are so
00:15:57.320 many divisions even within the conservative party when it comes to the candidates um we do have five
00:16:02.920 or six major candidates that are running right now and prime minister han did not run yet um he is
00:16:09.860 thinking about it because the population korean population especially young generation approves him
00:16:15.440 as being the former um ambassador to the united states and he knows america really well and even
00:16:21.680 with the um recent cnn interview of him about the tariff um prime minister han addressed the tariff issue
00:16:29.340 um basically saying that we're not here to fight against the united states um if we can find a good
00:16:34.540 mutual agreement um he thinks that the u.s might be opening to open to adjusting those tariffs and he
00:16:41.700 emphasized um staying cooperative and keeping the conversation going with president smart which is
00:16:47.080 um which is president trump which is very smart um and then the cnn reporter tried to push him which
00:16:53.040 kind of like a lot of young people in korea like this um cnn reporter said if the u.s is korea's friend
00:17:00.400 is this how a friend acts but then prime minister han responded saying every even friendship should
00:17:07.080 be rewarded sometimes um so he was basically acknowledging president trump's 25 percent tariff
00:17:12.560 suggestion um but he made it clear that korea wants to work with the u.s and not against it
00:17:17.620 and this is definitely a um important um point for young people in korea to support prime minister
00:17:24.700 han as being the next president as well but there are definitely um different candidates that are
00:17:29.580 up there they're still up there don't you have a winning out is it the third or fourth that you
00:17:35.420 you come down and basically there's a process where you get down to basically two candidates or is it
00:17:41.120 yes is this multi-party as we run up walk people that's right um within the conservative party for the
00:17:48.040 primary you get to have two uh top candidates in the last minute and then you decide among those two
00:17:55.480 whoever gets the majority vote um will become the nominator nominate nomination of the conservative
00:18:02.280 party and how that gets decided is by the uh vote from the conservative party members which is the 50
00:18:08.720 percent of it and then the rest of the 50 percent comes from the um this is a little weird part but
00:18:15.180 popular uh poll so which can be manipulated anytime so that's how the conservative party uh a nomination
00:18:24.700 gets decided um john mills what should the united states be doing right now in your mind
00:18:32.660 to assist our ally here to get through this time of turbulence well number one get a mega-minded
00:18:40.180 ambassador over there immediately and remove in advance that even remove uh the acting ambassador
00:18:47.740 uh he's a careerist i don't know him personally but my experience with career ambassadors is that
00:18:54.500 about 97 percent uh globalist uh and closet anti-americans third is we should also form an election
00:19:03.760 observation group let's hire let's just like elon musk let's let's form a cell of five ten uh personalities
00:19:11.920 to go over there in special government employee status that's 18 u.s code 202 to be uh just the
00:19:18.800 presence of an american delegation appointed by trump to observe the election is going to have
00:19:26.260 huge deterrent impact against election malfeasance
00:19:30.480 amazing uh mina any closing thoughts here on holy thursday as we uh this election i think takes place in
00:19:39.140 the final election is in late may am i correct mid to late may um the primary election is the early
00:19:46.160 may actually early may and then when's the general election the general election 30 days after that
00:19:52.880 june 3rd so 30 days after the eve of tiananmen square talk about intense um mina closing thoughts
00:20:00.460 where do you think we are right now what should people in the united states be thinking of what
00:20:04.460 assistance does korea need our great friends and allies in korea of course um i would say this
00:20:10.360 june election in korea is huge if a conservative president does not win we're basically handing over
00:20:16.760 are too far left the legislature and judiciary are already leaning that way and then the presidency is the
00:20:24.440 last thing that's holding the line and i want to emphasize that korea is the only country in asia
00:20:30.620 that's built on judeo-christian values and which is interesting is that our first president which
00:20:36.840 is our founding father literally read the u.s declaration of independence and was inspired to
00:20:42.860 build the republic of korea and today you know korea sends out more missionaries than any other
00:20:48.240 country except the u.s we're second in the world and that i want to say korea is part of america's
00:20:54.580 legacy and i really thank you for that and if america especially leaders like president trump
00:20:59.720 or you see fanon um can speak up and show support for korean conservatives during this election
00:21:05.860 this would make a massive difference even though there's a um some kind of anti-american spirit going
00:21:12.660 around um in part of korea but korean people still love america koreans would line up in front of five
00:21:19.960 guys which just entered korea um for three to four hours to get a burger american burger so that's how
00:21:25.860 much we love america so at this moment if you stand with korea we'll recover our freedom and
00:21:32.460 stand firmly with america and we will fight together in this spiritual battle and that's unfolding right
00:21:38.240 now in the world i mean i don't think there could be a better message to uh america on holy thursday
00:21:44.640 than yours and our great uh allies and uh compatriots in korea this is a fight that's absolutely
00:21:51.480 essential particularly when the forces of darkness have been in back the black hand of the ccp has
00:21:56.280 been all over this and the korean people have gone through too much too many wars have you know
00:22:02.280 struggled and now have the ability to have some prosperity they need peace they don't need to be
00:22:07.600 sucked into the ccp's orbit right now particularly given all the evil that the chinese communist party
00:22:13.440 has done to their own people and they intend to do the people of east asia uh mina where can uh build up
00:22:19.720 korea where can people go to find out more about your work and find you on social media
00:22:23.440 of course thank you um it's buildupkorea.org that's our website um you could also go on to
00:22:31.520 um mkim tv on youtube which is my podcast i talk about um u.s politics in a perspective of
00:22:39.500 a biblical worldview and i usually speak in korean for korean people um i also have my x account which
00:22:46.600 is not too big but i'm growing it and um mina kim there it is you can find me at real mina kim
00:22:53.080 and thank you so much steve for the opportunity the the biblical worldview thank you ma'am appreciate
00:22:58.600 you thank you see the great the incredible people incredible what you say the second most missionaries
00:23:07.300 in the world spreading the word of uh of the risen christ and back in the united states come from
00:23:13.200 south korea remember that as we have these folks back in the next uh 30 days look it's all over it's
00:23:18.920 brazil it's romania it's france it's nigel farage in the united kingdom it's here in the united states
00:23:25.620 obviously this fight is a global fight for the sovereignty movement nation by nation because the
00:23:31.940 globalists are just not going to sit there and turn things over to you and they're going to play
00:23:36.200 dirty and they're going to play hard they're going to play hard and they're going to play smash
00:23:39.200 mouth colonel mills closing thoughts on that we got a couple minutes closing thoughts on the chinese
00:23:44.380 communist party the trade war tariffs korea where it all fits in sir i think uh the great game is just
00:23:51.460 this is the great game they're trying to get south korea this is not north korea i've dealt with the
00:23:57.840 north koreans they're nasty this is the chinese communist party pulling a coup right in front of us we got
00:24:03.960 down in indonesia the chinese are trying to sneak a bomber base into uh indonesia this is just crazy
00:24:11.680 town but amina mentioned jeju island uh korea has a magnificent powerful navy if china could get their
00:24:20.920 hands on jeju island essentially they control the north uh yellow sea and prevent any uh any uh
00:24:28.600 intrusion by any allied ships this is this is geopolitical strategy the great game in progress
00:24:35.220 steve uh colonel mills where do people go for your uh for your social media thank you steve it's colonel
00:24:44.980 ret john colonel ret john on sub stack and there we go colonel ret john two on x thank you steve
00:24:53.320 colonel mills thank you everything on taiwan and korea uh you've been doing has been just amazing
00:24:59.020 and keeping our audience way ahead of the curve thank you steve it's these are not random
00:25:06.960 occurrences they steal the election in romania they have uh they have le pen scheduled for prison
00:25:17.500 they may do some ankle braces of a home but they scheduled for prison for four years so she can't run
00:25:22.680 they have bolsonaro in really a fight for his life in brazil because once they send him to prison
00:25:29.420 which they will send him to prison they'll kill him in prison he knows that we have the alternative
00:25:35.260 for deutschland they're trying to suppress and we have uh one of our closest allies they have a coup
00:25:42.060 and i don't know we just appear to be sitting there we have to go all in on these things we're the
00:25:48.340 anti-globalist remember the westphalian system is based upon a network of free countries putting
00:25:57.620 their own interests first to themselves it's the internal logic of this and the korean people have
00:26:05.100 been so absolutely just so absolutely incredible so absolutely incredible particularly as they uh
00:26:10.500 as they uh as they struggle with this given their strong judeo-christian uh values okay we're gonna take a short commercial break
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00:30:36.240 records war room dot com that's all one word records war room records with an s go now and claim
00:30:42.620 your free book that's records war room dot com do it today it's good politics to pick up no taxes on
00:30:51.040 tips all these little things that it's somewhat of a distraction from the ongoing and raise taxes on
00:30:58.080 the wealthy he said it last week is that coming it's coming but what about the tax cut for the wealthy
00:31:03.000 isn't that coming no no no it's going to be extended he's not going to extend the tax cuts for
00:31:06.920 for the wealthy he's going to no tax on tips no tax on social security and no tax on overtime so you're
00:31:12.220 saying all the donors are about to get a tax hike they're already they're already screaming but he
00:31:16.800 said he told the senate that he's open to when the extending the tax cuts not extend open to so no no
00:31:23.740 no but he's already i think and it's got best in the secretary of treasury i think is working on this
00:31:27.480 not to extend it to the upper bracket or make a new bracket anything congress is going to pass that
00:31:32.360 knowing who they get their money from they do whatever he tells them to do president trump
00:31:36.440 comes in and says they do it he'll okay so so the steve bennon plan is that republicans are going to
00:31:42.080 abandon the donor class and then what's going to happen in 2020 where else are they going to go
00:31:46.540 we got total leverage over them where else are they going to go well there's another election
00:31:50.300 coming up they're going in the midterms and the thing but where else they're going to go you if
00:31:53.980 you don't restore if you don't restore the economic viabilities the working class the middle class
00:31:58.780 and you have to do that by sealing the border right so it's not flooded with with illegal alien
00:32:05.360 labor number two is the terrorists bring manufacturing jobs back and the third is that
00:32:09.940 working class and middle class people need a tax cut they need no tax on tips no tax on overtime and
00:32:15.000 most importantly no tax on social security that's another 500 billion a year we have to come with
00:32:19.800 that that's why it's going to be a huge fight but yeah democrats and progressives had control
00:32:25.660 in 2021 in those first 100 days and they put up a note taxing the billionaires and didn't even get
00:32:31.720 out of committee president trump and the maga movement will raise taxes on the wealthy all right
00:32:36.380 i just think it's bad for the economy now on the other hand it just seems to go against everything
00:32:41.740 donald trump has ever believed in i mean i think he's always understood this um and i've been
00:32:47.540 reading the same things you've been reading and frankly i just haven't been believing it
00:32:51.260 well i i don't think it's going to happen but it's a threat and we've got you know my old friend
00:32:56.760 bob novak you remember bob novak from evans novak used to say the only reason god put republicans on
00:33:02.060 theirs is to cut our taxes and if they're raising them i don't i think it's going to split our party
00:33:06.560 i think republicans will lose the midterm elections don't go there you remember what happened in 1992
00:33:12.400 remember when bush raised taxes we lost everything right uh pretty unbelievable to be honest um i i'm
00:33:21.460 just i'm at this point because of reconciliation i mean what republicans would go forward with a tax
00:33:31.280 increase when they should be making the the trump tax cuts permanent eliminating tax on tips social
00:33:37.920 security and overtime because that's what the president promised why would they go in any other
00:33:42.340 direction because they're worried that democrats are going to say what they always say tax cuts for
00:33:47.780 the rich when in fact after the trump tax cut of 2017 the share of taxes and the amount of taxes paid
00:33:54.200 by the rich went up it didn't go down and quickly on taxes on this tax day all kinds of stuff floating
00:34:00.540 out there we don't have the makings of this bill yet but there's all kinds of trial balloons going out that
00:34:05.500 the top tier could be tax increase there could be a raise in the business corporate tax is that real
00:34:12.080 you know in my day in my experience which has been a couple of years in this game in and out of
00:34:18.720 government i thought it was the republicans that wanted lower taxes and the democrats that wanted
00:34:24.800 higher taxes although i guess that's not always true i thought the republicans wanted to reward success
00:34:31.340 not punishing it this loose talk about a higher top another new bracket uh for millionaires i don't
00:34:38.960 think it's a crime to be a millionaire by the way small businesses would pay this top bracket i do not
00:34:45.200 understand this i can't believe mr trump's going to go along with this he he campaigned on you know
00:34:51.220 extending his tax cuts adding some great middle class tax cuts on tips and overtime and uh seniors
00:34:58.680 that's all good lowering the corporate rate if it's made in america to 15 that's a great inducement
00:35:05.200 for people to onshore that's what he wants why would he want to penalize successful investors
00:35:11.120 successful people who are helping to onshore and successful small businesses that strike it hot i i
00:35:18.440 don't understand and i i can't i can't believe what i'm hearing it's giving me a headache all right tax day
00:35:23.680 should be tax cut day we'll get you some advil and we will uh we'll call it a day but we'll see
00:35:28.820 how it comes together larry thank you so much thank you brett before we get into the all the good stuff
00:35:34.380 in the tax bill i want to uh alert you and your listeners to something i'm hearing that i think is
00:35:39.680 very dangerous so we need to get all conservatives to shout out against this which is that there are
00:35:45.560 some in congress some republicans who want to raise the top income tax rate that that would be a
00:35:51.560 total disaster for those of us who are old enough to remember when george hw bush raised taxes and
00:35:57.760 remember read my lips uh it split the party it it uh it did great damage to the economy and it led to
00:36:04.920 the election of bill flinton so republicans would be making a major mistake if they raised the top
00:36:11.820 rate in fact every time in history by the way my buddy art laffer has a great book out on this called
00:36:17.580 taxes have consequences every time we've raised tax rates the economy has gone into recession
00:36:22.200 that rich have actually paid less taxes and um the burden has shifted to lower income people this is
00:36:28.560 not a way to help america and i just wanted to get out that out there so i want your listeners to
00:36:33.160 call your congressman or senator say do not raise tax rates on anyone that's not what we do as
00:36:37.800 republicans okay this is not what we do with republicans everything you heard from hannity
00:36:43.500 from steve moore and larry kudlow is just spin and and hype first off the bush tech cuts he raised
00:36:50.520 them against everybody this is just taking the top bracket and it's a snapback goes from 37 to 39
00:36:58.080 and maybe a new bracket which i recommend i strongly support of a new bracket of millionaires to go to 40
00:37:04.140 percent we're not doing we're not thinking of people are not pushing this because uh of any kind
00:37:11.100 of you know recriminations or revenge or you know soak the rich that has nothing to do with it
00:37:18.460 it's very much just back to simple math number one you're you're doing this so you can afford
00:37:24.060 additional cuts for the working class in the middle class that would be you this audience
00:37:29.660 right now the tax cuts from president trump are going to be extended and made permanent
00:37:34.140 for you the upper bracket starts i think it's 600 000 or 673 or something like that
00:37:41.500 okay it's not going to be extended for them they will snap back from the 37 to basically the 39
00:37:47.980 if you make over a million dollars you'll be 40 or above and for the bayoners will be 40 percent
00:37:54.860 the um the reason we're doing this and so it's not when they say the bush in 92 they're just lying
00:38:04.780 that was a tax that he raised taxes on everybody that's not happening here because we have to
00:38:10.700 find additional resources for no tax on tips no tax on overtime and no tax on social security for the
00:38:17.180 working class the middle class
00:38:21.500 the two numbers to keep in mind are six and a half percent to three and a half percent
00:38:24.540 president trump's plan as articulated by scott besant but scott besant laid it out many times in the
00:38:32.940 campaign the run-up is to take the deficit these massive deficits from right now six and a half or
00:38:38.940 seven percent of gdp and remember i'm gonna give you some facts all they give you a spin
00:38:44.780 and whining and throwing the toys out of the pram
00:38:52.140 the deficit for the first six months of the year is 1.3 trillion dollars i have told you that we're
00:38:57.980 going to blow through two trillion dollars and i think you're gonna get to two and a half
00:39:01.020 it's not sustainable the financing of the 37 trillion in debt particularly as you're adding
00:39:08.780 essentially a trillion dollars every hundred or so days who's the first person to do that analysis
00:39:14.140 and get it out there you're correct stephen k bannon in this show a year or so ago a couple years ago
00:39:21.820 what besant is focused on is the percentage the six and a half percent we're running
00:39:25.660 as deficit to total gdp at six and a half percent it's not sustainable uh let me note that that's
00:39:33.420 what's happened in france when macron's party was thrown out of the parliament right their congress
00:39:40.540 was thrown out because their solution at six and a half percent they're not it's not sustainable for
00:39:45.740 them they had to get to three three and a half percent which is not great but at least it's livable
00:39:50.460 they went in in and had a whole bunch of uh taxes on working class people in the front national now
00:39:57.740 or national rally said no we want to cut out the globalists we're going to cut the embassies and
00:40:01.980 that's how they got thrown it that's how they shifted over this is why liz trust was turfed out
00:40:09.260 by the bond market you have to get to three three and a half percent how do you do that well number one
00:40:16.620 with the supply side tax cut that we're going to have here and corporate taxes to larry kudlow
00:40:22.540 they're not putting the reason we're not going to agree to and it's ridiculous go to 15 percent
00:40:26.940 is the corporations don't take that money that's saved and put in plant and equipment to build up the
00:40:31.020 united states and to hire more people they game the system and buy equity and game it to drive stock price
00:40:38.140 because all their pay packages warrant packages and option packages they make a fortune they walk away
00:40:43.580 that's not what you can't trust the corporations they're not trustworthy how do i know that look
00:40:48.700 at the dei programs they were the worst they were the commissars the people in the c-suites have no
00:40:54.700 values they don't believe in the judeo-christian west they don't believe in the underlying tenants
00:40:59.020 of this country kind of maybe they you know they they they'll do a commercial with american flag
00:41:04.540 and some cowboys make you feel better right they're american you can tell by their actions
00:41:10.380 by their actions ye shall know them
00:41:18.220 six and a half to three and a half percent how you're going to get the number one you
00:41:20.620 with the cut you could grow your way up but even the consensus is around i don't know 2.5 to 3.5 maybe
00:41:27.180 three percent you get the three percent growth you're going to be lucky so you take you take that as the
00:41:32.940 as the denominator and you look at all the tax structure you have today and you'll generate
00:41:36.780 i don't know four and a half trillion dollars of revenue but then you got to cut back no tax on
00:41:43.660 tips no tax on overtime no tax on social security leaves a bigger hole the spending's not being cut
00:41:49.660 if they can show us where the spending's being cut doge show me the money you have to have i'm not
00:41:55.820 trying to dump on anyone's got i'm a big supporter doge but we need to see tangible tangible tangible
00:42:02.140 cuts he's said it was what trained dollars is not going to be then he says 150 billion next year
00:42:07.740 just you know russ vote said hey i'm finding something i'm trying to do something he's got
00:42:11.900 a rescission for 10 billion dollars it's basically optics to take out pbs and npr and to basis do the
00:42:19.500 first part of usaid which has to be done but we have to cut spending you're going to have to cut the
00:42:25.340 defense party don't do that you're never going to cut the social programs of discretionary we'll figure
00:42:29.740 the entire was like just a discretionary now you need a couple hundred billion dollars of cuts
00:42:33.100 where's it going to come from these bills they're talking about folks have 170 billion dollars
00:42:38.860 essentially for the disaster we have in the deportations and 150 billion dollars to the
00:42:44.620 pentagon on top of the 900 billion dollar defense authorization act that's over trillion dollars
00:42:50.860 there's gonna be help there's gonna be a huge fight on that they don't want to cut that
00:42:53.580 so if you're only growing it so much and growing and you have additional tax cuts for the middle
00:43:00.300 class and working class and you're not making massive cuts out of spending you're doing these
00:43:05.180 tiny marginal cuts remember is this not steve bannon just kind of winging it they went to drow
00:43:10.140 the house went to drow for a three-day seminar back a couple of months ago remember they came up
00:43:15.100 with 30 billion dollars i think the 30 bay was over 10 years the 1.5 trillion they're trying to fool
00:43:23.020 you with that is over 10 years that is 86 trillion dollars currently of spending 86 trillion
00:43:30.220 of spending and they want to cut 1.5 so it's all performative and that's in the out years it'll never
00:43:34.780 happen my point my point is the gap here is going to be six and a half percent not three and a half
00:43:43.660 percent it's not sustainable the bond market is going to have a vote well we don't want to get into a
00:43:50.300 situation okay is where president trump's already the the alternatives because of what happened to
00:43:56.700 him before what happened before he got here are getting narrower and narrower and narrower
00:44:03.580 it just are we don't have expanding alternatives we got decreasing alternatives why
00:44:09.020 we have 36 trillion in debt and we've shipped all the manufacturing jobs are see we're not a
00:44:13.020 manufacturing powerhouse and we still have this mentality of the pentagon we got to be all over
00:44:19.180 the world we have two as we sit here tonight on holy thursday and i hate talking about something as
00:44:27.260 grubby as money and taxes in the run-up to holy thursdays um ceremonies and um and um activities
00:44:37.340 but this has got to be hammered out because there's too much you're getting all the spin
00:44:43.980 this is about the upper class this is about the upper bracket the wealthy who have all their paid
00:44:49.180 surrogates like steve moore because he's paid by steve forbes and these guys and the larry cuddle of
00:44:53.900 the world over at murdoch and sean hannity over at murdoch are all trying to defend the the and
00:45:00.140 it's just it's mathematically doesn't work guys now one of the reasons i'm saying doing this and
00:45:07.020 it has to be done i want those people incentivized to cut spending why are we not cutting spending why
00:45:13.420 is it so hard because the wealthy don't want to cut spending because they get a total free ride
00:45:19.420 they have incredibly low tax structure uh most of them have all types of um you know protection
00:45:27.420 right tax breaks on investments they do and other things they do so they're not really paying that
00:45:35.660 and with more federal spending you can see everywhere you go the university it's all federal spending
00:45:41.820 look at the law firms the law firms sat there and he broke the law firms in 24 hours
00:45:46.700 by including one line said well we're taking security clearance away you're not going to be
00:45:50.060 or work on government contracts and by the way any clients you have that are identified your
00:45:57.580 identified clients will not be able to go for government contracts while you're retained hello
00:46:02.540 uh we we surrender we surrender why because it's all the government trough that's why spending doesn't
00:46:10.460 increase the decrease and they say oh it's entitled it's entitled for the so working class get a thousand
00:46:14.940 bucks a month from you know um from social security they put in that's the worst the biggest mortal sin
00:46:21.820 in the world for these folks it's the trillion dollar defense budget i'm a hawk but i'm a smart hawk
00:46:29.180 about how we have to do it not just this just orgy of spending it's an orgy spending we have everywhere
00:46:35.580 we have to make cuts and they're going to be tough the medicaid cuts are going to be cuts are going to be tough
00:46:39.740 on maca so guys if you can show me how we get to six and a half from six and a half percent to three
00:46:46.460 and a half percent because even three and a half is not not sustainable but it's a start show me how
00:46:53.100 you get there without getting a little more a little something into the coffer and politically it's a
00:47:00.140 no-brainer what they got wrong is the world has changed since back then number one bush gave a raise to
00:47:08.060 the to the to the middle class and to the working class the world has changed the politics now it's
00:47:15.900 a no-brainer that's why people are in shock the denver says what are they talking about they're in
00:47:20.140 shock let's put up the we put up the uh the hill uh story if we can get that up denver just put that
00:47:26.220 up on the screen the hill was the lead story day was up almost all day people are absolutely in shock
00:47:31.340 in the bill maher uh that was the post game in in hbo and that's supposed to be kind of comedic
00:47:37.340 they really want funny answers but i didn't give a funny answer the audience gasped
00:47:43.180 they're so shocked to think that the republicans would do what has to be done and is a profiling
00:47:48.860 courage that has to be done and politically it's a no-brainer and in addition you gotta give these
00:47:55.980 additional cuts and i you know there's all types of other things you know in the interest
00:48:00.620 all this there's so many other things to be done to bolster the middle class and the working class
00:48:04.620 and they and they say oh we pay the bulk of tax anyway of course you do we have the greatest
00:48:10.300 concentration of wealth we've ever had in the country's history of course you're gonna pay more
00:48:13.420 taxes i'm actually surprised you pay so little taxes the concentration of wealth in this country
00:48:20.300 is is is unbelievable since the financial crisis of 2008 because they all bailed themselves out
00:48:25.420 this is a no-brainer we're going to fight this one
00:48:27.340 to the bitter end and go over norcross these guys the no tax pledge hey no tax increases on on
00:48:34.380 the middle class and working lives i'm one million percent down with that people are too big a tax
00:48:41.020 burden but for the wealthy that have made out in this country and yes they're job creators and we're
00:48:44.780 not taking away from the work they did but no offense it's not the end of the world it's a snapback
00:48:49.260 from 37 to 39 percent i actually advocated this in 2017 and it would have been the smart the smarter
00:48:57.820 thing to do but it was shot down principally shot down by progressive democrats in the white house
00:49:03.180 because guess what we did have progressive democrats in the white house
00:49:07.340 it was uh i had a failure to launch but that's okay i'm did you know i'm not going to win them all
00:49:13.660 but i'll be back and i'm going to win some i'm going to win more and i lose and we're going to win this
00:49:17.420 one because it makes compelling economic sense it makes commitment compelling uh political sense
00:49:26.380 and it happens to be the right thing to do you're going to have all types of things that this is
00:49:32.460 communism republicans don't do that well hey guess what this is why it's a new republican party
00:49:38.620 what they're talking about steve moore and larry kudlow and arthur laffer and grover norquist and
00:49:44.140 sean handy are from the land that time forgot they're from a different day in a different era
00:49:50.780 and they represent the vested interest in this nation right the wealthy and the wealthy have
00:49:57.100 been irresponsible and we're in a financial crisis right now i don't need to tell that but even if
00:50:03.820 you're middle class you have a nice job and you have a little money tucked away and some stocks
00:50:07.180 what would happen if they walked in tomorrow which they are it's not with the zero probability and say
00:50:13.820 hey you're out of here boom no severance no salary no nothing what in in the morning of the 101st day
00:50:21.020 if you don't have a job or don't have a job near the salary you're going to be in good shape i don't
00:50:26.300 think so you can be nervous with all the work you did and all the education you put in and everything
00:50:32.060 you did you're gonna be nervous well that's we're here to make sure we rectify so this is happening
00:50:39.900 birch gold make sure that you understand make sure you understand the process of how gold has
00:50:45.980 gotten to all-time highs okay make sure that you understand that if you understand that you're going
00:50:50.460 to understand a lot birchgold.com
00:50:52.780 bannon the end of the dollar empire gets you the full understanding of all of that
00:51:02.940 the process the reason the world's central banks are buying gold at record rates
00:51:07.420 why is that why is the chinese companies party doing it you understand that you start to unbuckle
00:51:12.940 the chains and get to your financial freedom even before you buy any gold
00:51:17.740 gold but i think you talk to phil patrick and the team they'll set you right okay we're going to be
00:51:23.900 back here at a good holy thursday uh the services are going to start here shortly we will see you
00:51:30.540 tomorrow morning on good friday at 10 a.m eastern daylight time see you then in the world
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