The Great America Show - BANNON： U.S. IS IN DEEP CRISIS, DEMS SOLD OUT AMERICA

00:00:00.000 Ladies and gentlemen, welcome to the Great America Podcast with Lou Dobbs,

00:00:04.200 always in the fight for truth, justice, and yes, our American way of life.

00:00:09.220 And now, here he is, the Peabody award-winning voice of truth, the great Lou Dobbs.

00:00:14.240 Hello, everybody, and welcome to the podcast headquarters of truth,

00:00:18.820 justice, and the American way. We hope you're doing great today.

00:00:23.140 The Great America Show is on the air, coming to you all around the world

00:00:27.540 through the air, wires, coaxial cable, fiber, even twisted pairs,

00:00:33.480 beaming through space to you wherever you happen to be. Freedom fighters all.

00:00:38.740 I, of course, am coming to you from an undisclosed location.

00:00:43.360 It's the nature of the thing, you know, speaking truth within the hearing or eyesight of those in

00:00:49.120 power who demand that if we see something, we must say something. So in a strange, ironic way,

00:00:56.100 I'm just doing what this increasingly repressive government of ours demands.

00:01:01.520 I've seen something, and I'm about to say something. Quite a few somethings, in fact.

00:01:07.500 And yes, I'll throw in more than a few opinions as well. As I said, see something, say something

00:01:14.100 has become the watchphrase of our increasingly authoritarian and Marxist Biden administration.

00:01:20.920 A slight problem does arise because Biden and his oppressive federal authorities may well be the

00:01:28.160 object of many of the truths about which we will speak daily and voluminously right here on the

00:01:35.440 Great America Show. And you will understand, I'm sure, if we keep our location for the time being

00:01:41.780 undisclosed, at least for a while, as best we can. And I urge you as well to be careful,

00:01:49.040 my dear fellow citizen, very careful in these dark days in which our government has decided

00:01:55.720 to work against us, all our citizens, to weaponize every tool at the disposal of our government

00:02:02.680 against us. We, the people, are now the targets of our intelligence agencies, homeland security,

00:02:10.560 the FBI and Justice Department, even government librarians wearing Coke bottle glasses are

00:02:17.720 emerging from their gloomy, dank archives to harass and persecute the best president ever,

00:02:25.420 certainly since Lincoln. No citizen is safe, not even a former president, especially one who may run

00:02:32.000 again, say in 2024. Once only the radical Democrats practiced the politics of personal destruction.

00:02:39.720 Now, as you know, the Marxist radical Democrats control all of our government. The White House,

00:02:46.980 the Senate, the Congress, the permanent bureaucracy, the deep state, and even the Pentagon is in the

00:02:53.700 grip of mad woke leftists with stars on their epaulets. These generals and admirals act like they're

00:03:00.720 running corporate HR departments rather than commanding our service members, making sure this nation is

00:03:07.480 well defended, well-prepared, our troops ready for battle. An obvious example, though, is chairman of

00:03:14.660 the Joint Chiefs of Staff, who is an advisor to the commander-in-chief and who has no command authority.

00:03:22.220 But Mark Milley chose to call his counterparts in Communist China to pledge to them personally,

00:03:28.920 that he would alert the People's Liberation Army and the CCP, of course, in advance if President Trump

00:03:36.100 were to order a launch of ballistic missiles aimed at China. An unprecedented act, certainly,

00:03:43.720 one that is disgraceful for all of us, but for the military in particular. It's an act which I

00:03:50.100 personally believe he should have been fired on the spot. Instead, President Biden kept Milley as his

00:03:56.180 chairman as well. Biden, for his part, has revealed, for what he has been all along, Biden is a straight-up

00:04:04.060 authoritarian whose Marxist agenda bears almost no resemblance to his campaign positions or rhetoric.

00:04:12.100 Biden imperiously declared he's, quote, rejecting, quote, the conclusions of the Army report that the

00:04:18.480 military and civilian leaders, by extension, were unprepared for anything approaching an orderly and

00:04:25.580 secure Afghanistan withdrawal. Instead, Biden presided over what became a chaotic, disgraceful, and deadly

00:04:32.640 surrender to the Taliban, while he abandoned thousands of Americans and friendly Afghan allies.

00:04:40.140 His monarchical rejection changes nothing about the disaster that is his legacy. There can be no revision

00:04:48.300 of that history. The Biden White House is in obvious deep distress, but consistently authoritarian.

00:04:55.440 The administration urges the Justin Trudeau government to use the power of the Canadian federal government

00:05:02.560 to shut down the truckers' freedom convoy, those truckers protesting vaccine mandates. All that would

00:05:10.580 be necessary would be for the parliament to simply say, no more mandates. I'm sure you notice that Biden

00:05:17.740 always comes down on the side of government power and its use against his opponents and the people,

00:05:24.320 which are increasingly and clearly the same. Biden's average of all polling approval numbers have this

00:05:32.340 week for the first time fallen below 40 percent. It is no coincidence whatsoever that eight radical

00:05:39.260 dim governors of bold blue states almost instantly announced the rollback of their China virus mandates,

00:05:46.380 including the president's home state of Delaware. More states are following beginning to reverse

00:05:51.980 their mandates, their mandates. And the president, of course, calling those rollbacks of mandates

00:05:56.660 premature, despite cases of the virus dropping dramatically. Biden has been the tool of the

00:06:03.960 Marxist left of his party, and he is beginning, even in his state of mind, to become aware that he's

00:06:10.520 increasingly isolated. He's obviously physically and mentally weaker and politically appears

00:06:16.120 innovated and incapable of pressing forward with any domestic agenda, while his foreign policy is

00:06:22.420 simply incoherent and confounding, where they're trying to preposterously and inexplicably organize

00:06:28.740 the so-called quad nations to counter Russia's aggression against Ukraine and Eastern Europe,

00:06:34.800 or failing to respect what must be the European Union's and NATO's role of leadership in contending

00:06:42.320 with Vladimir Putin, as Putin and Xi Jinping have brought their nations together in a strategic

00:06:48.280 alliance aimed directly at the United States. These are dangerous times, to say the least,

00:06:54.360 and in such times, it's always wise to turn to patriots, to stalwarts, to friends. And today,

00:07:00.380 we have with us Steve Bannon, a great patriot and friend, one of the country's leading conservatives.

00:07:05.480 He's a Harvard MBA, an officer in the U.S. Navy, entrepreneur, movie maker, former chief strategist

00:07:12.900 for President Donald Trump. And he's the founder and the host of the immensely popular and immensely

00:07:19.620 powerful Steve Bannon's War Room Podcast. Steve, thank you for being with us.

00:07:25.520 Well, Lou, you've taught me, and you've actually taught Donald J. Trump since you first started coming on

00:07:30.360 TV back when I was in the 80s. Everything about the world economy, trade deficits, you've evangelized

00:07:37.560 that. So I think we owe you, and this country owes you just an amount of respect and appreciation for

00:07:44.660 what you've been doing for, what, 40 years now? I'm not going to add up those years at this point,

00:07:52.100 but I certainly do thank you, Steve. That's very nice of you, very kind of you.

00:07:56.120 And I think the country is indeed immensely fortunate to have you with your capacity for

00:08:04.880 original thinking, for a patriot demonstrating what a conservative is and what an American can do.

00:08:15.540 You're just, you know, I think you're one of the treasures of this country. And with that,

00:08:21.440 let me turn to a man who is not a treasurer in any fashion whatsoever, and that is Joe Biden.

00:08:30.500 He is a man who has become, he's been revealed as a full-on authoritarian, don't you think?

00:08:38.040 I think it's a mess. I would like to think authoritarians normally have more of a focus

00:08:46.140 program. I just think it's a, it's a, it's just, it's, it's a complete total destruction of our

00:08:52.280 country. Look, Lou, you fought this from day one. You warned people about it in, because you've known

00:08:57.420 Biden for decades. You warned people about this in the run-up to 2020. You were on top of the,

00:09:03.000 the big steel. Elections have consequences and stolen elections have catastrophic consequences.

00:09:07.860 And our nation, I think now is in the deepest crisis it's had since the civil war. And I think

00:09:14.080 actually deeper than that, as bad as that sounds, I think we're on a global economic and geopolitical

00:09:21.180 and financial crisis, all combined with really this feckless, hapless old man who tries to be

00:09:28.060 an authoritarian. I mean, it's, it's just, it's a, it's a disgrace all around and only the MAGA

00:09:33.180 movement, only the Trump movement can sort things out. You know, I happen, I happen to agree with you

00:09:38.820 that, uh, the only, the only group of people in this country, uh, because it isn't the Republican

00:09:45.740 party because of the leadership of the Republican party, uh, who refuse to acknowledge that America

00:09:52.000 first policies, uh, making America, keeping America great are, is the insistent, uh, initiative

00:10:00.200 that has to be present. Uh, that certainly is, that is not in itself, the Republican party because

00:10:06.780 of the leadership. Uh, I mean, when we talk about Kevin McCarthy and Mitch McConnell, uh, we're

00:10:12.360 talking about acolytes of, uh, uh, of Xi Jinping, it seems, uh, rather than supporters of Donald J.

00:10:20.380 Trump. Look, the donor class is, you know, the Republican party is shifting quickly under president

00:10:27.660 Trump's leadership into a worker and middle-class party. And the donor class does not want to accept

00:10:33.680 that. There's still, there's still this wall street globalist corporation, uh, who are really

00:10:38.480 anti-capitalism. They want to, they want a state capitalism model that the Chinese have. And I think, 1.00

00:10:45.120 listen, you see last week, uh, we announced a $1 trillion trade deficit, a $1 trillion trade deficit

00:10:52.740 in one year, uh, which is just not sustainable. It's not even close to be a sustainable $1 trillion

00:10:58.040 trade deficit. Plus we've announced now 3 million invaders on the Southern border, uh, $9 trillion

00:11:05.980 on the balance sheet of the Fed on top of $30 trillion on the balance sheet of the United States

00:11:11.620 government. So on every aspect, you look at this, the uniparty, which just continues to print fiat

00:11:18.960 currency because we are the prime reserve currency throughout the world. We have to be used for every

00:11:22.940 transaction throughout the world, at least right now. Uh, we are, it's not just living beyond your

00:11:28.360 means. It's this, it's insanity right now. We, we, in every key aspect from the trade deficit, from the

00:11:34.600 gutting out of our, of our manufacturing base to the infusion of, uh, unbridled, unregulated labor to

00:11:42.940 compete with the working class and the, and the minority community in our country, um, to, uh, just a

00:11:48.500 financially being out of control. And you see the Fed now is talking about in a panic move, seven,

00:11:54.840 you know, Goldman reported yesterday, seven, they think the seven next, uh, free market, uh, open

00:12:01.220 market meetings, federal reserve over market means FOMC will have 25% basis points pop for the, that's

00:12:07.940 for the next two years. That'll throw us into a major recession. So you just look across the board

00:12:12.020 of any piece of data information or evidence. And we're in a jam right now. And this is a,

00:12:19.360 this is a constructed crisis. This is a crisis of policy and personnel. And so we're jammed right

00:12:27.620 now. And the only thing that can save us is we have to take back the country on November 8th.

00:12:33.180 And we have to do it with people that are not Rhino Republicans. Look, the 20, I tell people the 2024 0.98

00:12:38.700 presidential campaign kicks off Monday in Texas. That's the early voting starts in Texas 2022.

00:12:44.980 It's game on. We just can't talk about it. We have to be action, action, action. And that means

00:12:50.340 we have to win these primaries with MAGA America first candidates that are then prepared to take on

00:12:56.760 these, these radical left-wing Democrats in the fall and, and, and win, and then govern, uh, like

00:13:03.020 they mean it and govern with leaders that they need to have in there. And I just don't think it's

00:13:07.580 going to be the Kevin McCarthy's and certainly not the Mitch McConnell's. So, um, you know,

00:13:11.960 we've got, we've got a lot of work to do, but I feel very good Lou about, uh, who's on our side

00:13:18.580 of the football. And I feel very good about the policies of, uh, of president Trump. Look, as you

00:13:24.260 know, 18 and 19 were the golden years for the American economy, particularly for working class

00:13:29.920 people. Absolutely. So you look, and even with the Chinese communist party, a virus that came in 0.71

00:13:36.080 here in January, right after the trade deal was signed, even with that debacle, the, if, if Biden

00:13:41.760 had only, after they stole the election, if they'd only taken the baton from president Trump and done

00:13:46.160 nothing, if he had just stayed in the basement, like he, he, he, he ran for office, if he had just

00:13:51.700 had, you know, the limited, uh, exposure he had at his fake inauguration, the economy would be

00:13:58.040 okay today, not a catastrophic, uh, implosion. And that's because this is why it's a constructed

00:14:05.320 crisis because this is directly retired to their personnel and their policies. And I got to tell

00:14:10.500 you the nation right now is in a jam. Yeah. There, there is no question about it. Uh, when you were

00:14:16.720 talking about interest rates, James Bullard, one of the fed presidents came out yesterday and started

00:14:22.960 talking about a half point move, uh, at their March meeting, a 50 basis point move, uh, in the base rate

00:14:31.840 and, and the market sells off, uh, what do these guys think they're going to do job bone it down? Uh,

00:14:39.600 it's amateur hour at the fed. It really is. I am very, you know, when I think about the federal reserve,

00:14:45.440 uh, the chairs that have, uh, worked before these guys who preceded them, uh, Jerome Powell is still

00:14:53.440 after a first term, a first full term is still not as, uh, informed or as aware of the markets and

00:15:02.280 sensitive to the markets as he should be or respectful of the markets. He has tried to get

00:15:07.260 in front of those markets. And the result each time when any, any fed does it, Alan Greenspan,

00:15:12.560 uh, did it as well. Uh, you have to, you have to understand that the fed has a role, but it's a

00:15:19.760 role that has to be first to stabilize the economy and not destabilize it. And I'm afraid you're right.

00:15:25.760 We could be looking at the, uh, a serious, uh, serious consequence if the fed gets aggressive here.

00:15:33.660 Well, look, they, they have two choices. They're going to make a decision here. I think very quickly,

00:15:39.800 they're either going to support the wealthy 1% or they're going to try to somehow

00:15:44.400 support, uh, you know, cause remember Volcker, let's go back to Reagan and Volcker. Volcker was

00:15:50.300 a lifetime Democrat. If it hadn't been for Volcker and president Reagan's monumental ability to

00:15:56.800 absorb political pain, because when you get handed a situation like this, it's not,

00:16:03.100 there's no easy way up. Biden's created this as people around him have created this.

00:16:07.160 And so now the fed to me has two basic choices. They're either going to continue to try to

00:16:11.460 have the Greenspan put or this, uh, you know, to try to keep asset classes up high or go after

00:16:18.900 inflation, uh, you know, pretty toughly to, cause this inflation, as you know, is much higher than

00:16:25.320 the numbers show. Cause they don't calculate that they did back in the seventies. The inflation is

00:16:29.640 really in the low teens. That's our working class people getting destroyed right now. 1.00

00:16:33.540 And you're seeing the polling in Biden's, you know, 50 on a CNN poll, 56% of Americans, 56%

00:16:40.520 can't name one thing he's done right. Or one thing they support these numbers make James Buchanan,

00:16:46.500 the family of James Buchanan is so loving Biden because Biden is very rapidly becoming the worst

00:16:51.300 president of the United States in history because, because of what he's done. So I just think right

00:16:55.580 now, Lou, and here's the madness, which you've always warned us about up on Capitol Hill right

00:17:02.580 now, where our show is done right, right near the Supreme court, they're talking about bipartisanship.

00:17:07.320 You've got Shelby in Alabama and Leahy in Vermont, these two old dinosaurs that are putting together

00:17:13.100 an annual appropriation and budget. That's going to have a $1.5 trillion deficit. And for this year,

00:17:19.420 it's halfway through in perpetuity, we have a trillion dollars. We're going to be at 40 or

00:17:24.800 $50 trillion on the balance sheet and $10 trillion on the fed so quickly. And I got to tell you,

00:17:30.700 we are destroying the generation under 40. We are condemning to a lifetime of Russian serfs. 1.00

00:17:37.020 You've warned us about it. We're in the middle of it. I think the fed is jammed and it's going to be

00:17:41.740 quite interesting to see if either solution is going to be very tough. All the easy decisions are behind

00:17:48.560 us because Biden shows the easy path of massive federal spending, loose monetary policy, and the

00:17:55.320 working people in the United States, the middle class are about to pay a penalty. And I say that if we 0.98

00:17:59.720 get focused politically, particularly bringing in Hispanics, African-American men into more of this

00:18:05.860 worker-based middle-class party, we have a unique opportunity in November this year to destroy the 0.60

00:18:11.300 Democratic Party as it's currently constituted because it has sold out this country and it's particularly

00:18:16.780 sold out the citizens in this country. Yeah, I want to get to that in just a second, but I want to go

00:18:22.500 back to something else that your point about the deficits, both balance and trade, the debt, both

00:18:30.480 external trade debt, as well as the national debt. We are looking at being a debtor nation in perpetuity

00:18:37.380 right now. If this administration had passed that silly build back better spending program, because

00:18:45.800 that's all it was. It wasn't an infrastructure program, as you well know. It was pure, wasteful

00:18:52.300 spending, untargeted, without purpose, except to, point of fact, destroy the dollar and to destroy

00:19:01.060 purchasing power by cheapening money. This is an administration that doesn't know anything about

00:19:06.820 foreign policy. It doesn't know anything about domestic policy. It has only one agenda, and it seems to be

00:19:13.320 a Marxist. Let's invert the structure of the American constitutional republic, turn it into a Marxist

00:19:22.040 structure in which it's not egalitarian. It's looking toward equity rather than equal opportunity.

00:19:31.440 And when they say equity, here's the thing. What is Lou Dobbs hammered on for 40 years? Trade deficits.

00:19:37.380 Lou, we have, on top of everything else, the fiscal policy of these deficits in perpetuity,

00:19:44.660 right? And you've got the massive plans they want to spend, the build back better, the infrastructure,

00:19:49.440 all this madness, the American Recovery Act. They've added, I think, $5 trillion to the monetary

00:19:54.400 base in the last year. We just had a $1 trillion trade deficit. That has to be financed. They never

00:20:02.580 talk about this. Right now, we are indebting the future generations into economic servitude.

00:20:10.440 They will never forgive us. That's why we have to take a stand right now. And this is why you can tell

00:20:15.740 this election was stolen. This is why Biden's numbers are at historic lows. Because during his

00:20:22.040 quote-unquote campaigns in the basement, he never brought up any of this. They never talked about

00:20:26.480 these radical plans. They never talked about the radical nature ones. That's why I say the big steal,

00:20:32.160 like Donald Trump was providential in 16, right? His second victory in 20, it was kind of

00:20:41.240 providential. They stole it. Because now we've seen, this is not the Democrats, you and I, because

00:20:45.820 I come from a Democrat family. This is not the Democrats we are used to. This is a radical cultural

00:20:51.740 Marxist. But also on the financial side, it's like AOC. They had this radical theory called modern

00:20:57.080 monetary theory that came from this French economist. It's this bizarro theory that deficits

00:21:02.840 don't matter. That if, in fact, if deficits start to matter, you can just raise interest rates, jack

00:21:08.160 them up quickly, and everything will be fine. It is an immature, ill-thought-through, half-baked,

00:21:14.320 radical idea that they've embraces their economic program. This is why this country is hurtling

00:21:20.920 towards, hurtling towards economic destruction. And nobody talks about the underpinning of that

00:21:26.680 is that we've turned from a manufacturing powerhouse. And even in President Trump, when he

00:21:32.040 started bringing jobs back, but turned us into an energy powerhouse, the Biden administration has shut

00:21:36.880 all that down, a $1 trillion trade deficit. And remember, the trade deficit, you can't wish away,

00:21:42.640 that has to be financed immediately. So I just look there and say, if this thing's not stopped in

00:21:48.000 its tracks this November, it is game over, because financially, we'll be, the numbers are so large,

00:21:54.140 and of such scale, we'll never be able to dig our way out of here. The trade deficit is the largest

00:21:59.620 since 2006. It's the largest in that period of time. The inflation rate is the worst since 1982.

00:22:11.940 But what people forget when they hear that reference to the inflation rate, that was a rate of just over

00:22:18.760 six percent of the Reagan administration, because he was bringing the country forward from the dark

00:22:26.000 days of hyperinflation, double-digit interest rates, double-digit inflation, Paul Volcker standing

00:22:31.680 strong and tall, and was a guiding light on monetary policy for every administration, Democrat or

00:22:38.740 Republican. This right now, seven and a half percent is a tremendous problem, because the left

00:22:50.240 has wanted minimum wages to be increased for years. Well, they finally get it, and then they throw it

00:22:56.680 away with inflation. They throw away energy independence. Think of the accomplishments that

00:23:04.700 were made in the administration. The president you advised, which, by the way, I've got to think that

00:23:12.200 he is right now just shaking his head at what these elites, globalist elites, and the Democratic Party

00:23:21.340 have done to your legacy in the Trump administration. Well, look, he had full, and it wasn't, it wasn't

00:23:29.300 energy independence, which you argued for, for 30 years. Donald Trump gave us full-spectrum energy

00:23:35.400 dominance, okay, and look what it did to the economy for working-class people in that great Christmas of 1.00

00:23:41.380 2019, with real wages, wages of working-class people for the first time in American history,

00:23:47.560 up 11 percent, non-college graduates higher than college graduates, blue-collar higher than white-collar,

00:23:54.100 working-class higher than the managerial class, with zero inflation, you know, virtually zero

00:24:00.740 inflation, and low interest rates. So that's what we've come from, and remember, here's the jam we're

00:24:08.260 in today. Let's go back to the early 1980s, what Reagan, you know, inherited, and he had a Fed chairman

00:24:15.800 who was a hard-ass in Volcker, but it was Reagan's ability to take and absorb political pain. You remember,

00:24:23.180 Lou, 81 to 83, Reagan got crushed every night on TV. Then there was just three networks, right,

00:24:29.800 crushed every night because unemployment was up, they caught me because he was, they were ringing

00:24:35.440 the, the, there was essentially hyperinflation out of the economy. It took integrity, it took courage,

00:24:42.920 it took steadfastness, and it took somebody that understood and totally believed in his ideas.

00:24:48.440 We have the exact opposite today. They've created, this is a created crisis by Biden and his regime,

00:24:54.820 and now they're in the middle of it, and we're looking at them to make a fix. They're only going

00:24:59.160 to exacerbate the problem. Think of, think about this as you're talking. I, I, I wanted to bring this

00:25:06.680 up with you, and that is the absence of wise men, uh, wise women, uh, the James Baker of years past,

00:25:15.320 Felix Royton on wall street, Pete Peterson, worrying about deficits and debts. We have none of that.

00:25:21.380 Now, none of it from wall street, none of it from, uh, from the political, uh, uh, sector.

00:25:27.920 This is a period in which we have an absence of leadership period.

00:25:33.320 I'd actually argue even worse, not just do we have the wise men of wall street and guys that served

00:25:39.540 their country. Remember when I was at Goldman Sachs in the eighties, Mr. Whitehead, it was a co, the firm 0.92

00:25:46.200 was co-headed by John Weinberg and John Whitehead. John Whitehead had been a boat commander at D-Day,

00:25:52.180 a landing craft commander at D-Day, and, and John Weinberg had left Harvard to enlist in the Marine

00:25:56.680 Corps and served in the South Pacific in some of the worst battles we ever had. Those were leaders.

00:26:02.420 Today, we got Larry Fink and Ray Dalio that have essentially sold the nation out to China.

00:26:06.780 Ray Dalio brags about it. Yep. Ray Dalio brags about how China, he likes the China model. He's 0.75

00:26:12.300 made, Larry Fink is out buying up all the housing stock so that now the rents are going up with

00:26:17.540 inflation. He owns a higher. He said, Larry Fink and Ray Dalio personify, uh, and Schwartzman

00:26:24.380 personify the problem we have on wall street with their only thinking about themselves. They only think

00:26:28.920 about the 1%. They're not in it for any collective experience of the American people. Unlike people 0.99

00:26:35.580 had worked on the wise men that worked on wall street before the nation, they're out there,

00:26:39.900 Lou, but right now their voices are not, their voices are not being heard. I think this, I think

00:26:45.280 you're going to see a rising generation of people, patriots come forward and say, we can't do this

00:26:49.760 anymore. We're not going to do this anymore. You know, I'd, I'd like to believe you, uh, but I see

00:26:55.160 absolutely, uh, from the democratic party, absolutely no sign of it. Uh, I, I will say something

00:27:00.820 perhaps, you know, really want to argue with me about, uh, the Republicans right now, Mitch McConnell,

00:27:07.440 uh, Kevin McCarthy, uh, the, uh, obvious aspirants for perhaps a presidential run, uh, whether they

00:27:15.180 be Tom Cotton, uh, Holly, uh, Ted Cruz. I don't think they're ready for prime time. Uh, I just don't

00:27:24.960 see the, the metal, the, uh, the vision, uh, or, or the capacity, uh, frankly, that is needed, uh, in

00:27:35.600 the Republican party. And, and it, it worries me greatly because that party is the only hope we've

00:27:41.240 got. Uh, look, I agree with you a thousand percent. Uh, the, the here's, and I keep telling

00:27:47.560 when people come to me, I was from going to rest and look, we've got to focus on 2022, but I said,

00:27:51.280 tell me, please point out to me another Republican in this nation and get 75 million votes or 80 million

00:27:58.200 votes. Donald J. Trump has got not just the capacity, the intellectual capacity, understand

00:28:03.340 that he's got the, he's got the, the work ethic, all that he's also got a set of stones. You have

00:28:09.540 to be so tough and so hard, and that's just not out there. And here's the reason everybody that you

00:28:15.320 just mentioned all comes from the donor class side of the Republican party. They're number

00:28:21.060 one fealty is to big donors. You need people that actually represent working class and middle

00:28:28.020 class people. And I, and I, and I hope that president Trump is able to generate, I see some

00:28:32.960 young leaders coming up. No, it's, it's very tough. Listen, this is why we need Trump to win his third

00:28:38.720 term in 2024. And look, this is asking a guy at that time will be close to 80. You know, Donald Trump

00:28:45.600 served the nation. He, there's no reason he had to run in 15 and 16. He was buying up the

00:28:50.800 finest golf courses in the world. He had a lovely wife, a great family. He he's reaping

00:28:55.740 the benefits of a career of hard work. And, uh, and yet he turns in, in his, you know, in

00:29:01.640 his seventies actually puts his shoulder to the wheel to save the country. Well, he's going

00:29:05.720 to like Cincinnati's, we got to call him back from the plow. There's nobody else. There's

00:29:09.780 nobody else out there that can do it. They're going to be a bunch of us down there, uh, kidnapping

00:29:14.560 him to get him to back to 1600 Pennsylvania. First off, if he ran today, if you put it

00:29:20.520 up today against Joe Biden, it'd be a 40 state suite people. I'm telling you Hispanic. And 0.63

00:29:25.180 this is why Texas is so important. Working class Hispanics in the Rio Grande Valley in

00:29:28.900 South Texas, Hispanics throughout the country, uh, African-American males are going to start 1.00

00:29:33.640 voting at 50% levels for this new Republican party of president Trump and these policies.

00:29:39.960 And this is how we're going to take the country back. And if we fail to do that, then it's

00:29:44.900 game over because this radical regime that's there in the, in the blue, this is what drives

00:29:50.120 you nuts, given all your years on wall street and the media, the lack of sophistication of

00:29:54.760 the thinking is what shocks me when they sit there and talk about trade deficits or talk 0.93

00:29:59.680 about deficits and talk about a monetary policy. And they do it in this very immature way.

00:30:06.240 I'm sitting there going, Oh my God, this is, this is, this is the scariest thing ever.

00:30:09.600 That's the thing that frightens me the most now is that a leadership class, not grounded

00:30:14.360 in lived experience of real humans that are so esoteric in their ideas about culture, but

00:30:21.040 more importantly, in their ideas or concepts of money and power, because we are against

00:30:26.180 some bad hombres, right? The Chinese Communist Party, the Chinese Communist Party is a transnational

00:30:31.200 criminal organization run by killers. These are the hardest, toughest individuals in the 0.99

00:30:36.220 world. We've got the Mullahs in Iran. We've got the KGB guys with Putin in, in, in, in

00:30:42.380 Russia. You got Erdogan in Turkey. You got this North Korea regime in Pakistan. You add that

00:30:47.920 together with Venezuela and the problems we've got in South America, you've got a global geopolitical

00:30:53.860 crisis on top of a financial crisis. Yeah. I, I think all of that, uh, is right now what scares me the

00:31:02.320 most. We have a man in the, in the white house who has to be led off a stage after he mumbles through a

00:31:08.680 speech. He has to be led off the stage. He has to be helped down the steps. Uh, his wife has to get him

00:31:16.200 through the audience. Uh, it's, it's, it's, this is a dangerous, dangerous time. And Vladimir Putin is

00:31:24.460 telling all of Europe, not just Eastern Europe, but telling all of Europe that they have to meet his 0.71

00:31:29.820 security demands, every one of them, or he will invade Ukraine. And president Biden is saying, uh, to, to

00:31:39.200 reporters, when, when, not if, when Vladimir Putin invades Ukraine, we won't be able to, uh, extract

00:31:50.460 American citizens. He's using the word when now, whether it's advisedly or whether it's just more

00:31:55.960 of his, uh, incoherence, I don't know, but that's the way he's thinking. That's the way he's talking.

00:32:01.200 It's the limitation, another example of his limitations. And it's, it's frightening to think

00:32:06.580 that he is the commander in chief. I think the Lester Holt interview that'll come out over the

00:32:13.600 weekend will shock people. Um, look, Biden right now has given, has given, uh, Putin a free, free

00:32:20.140 option across the board. He's so acted so hysterical. He's driven capital in people out of the Ukraine.

00:32:26.880 So the, the, the, the prime minister of Ukraine, the president of Ukraine is begging the president

00:32:31.300 and I say to shut up, please stop talking hysterically because you're killing my economy.

00:32:37.380 In addition, he's frightened all of our allies, supposed allies who militarily have no, uh, no,

00:32:44.580 uh, wherewithal or interest in taking on, uh, the Russians right now in Russian speaking territories

00:32:50.520 in the Ukraine. And on top of that, the Germans really supposedly the French and the Germans are two

00:32:55.820 biggest allies on the continent. The Germans economy is inextricably linked with Russians right now,

00:33:01.280 particularly on energy, which they're totally beholden to. So in the French over there,

00:33:06.140 kowtowing, it is Biden is trying to stir up a situation there for domestic play. He,

00:33:11.960 but somehow the unit party thinks that the country will come together around some patriotic war

00:33:17.620 in the Ukraine, which nothing can be further from the truth. We've got the Chinese right now. 1.00

00:33:23.240 We're, we're humiliated at this Beijing genocide games in Beijing right now. They're, they're,

00:33:29.720 they're planning on invading Taiwan to take over the chip industry and drive us out of the South 0.95

00:33:34.200 China sea, which would be, should be 100% of our focus. Yet, uh, we're sitting here thinking about

00:33:40.420 sending combat troops into Eastern Ukraine after just getting out of Afghanistan of which the

00:33:45.920 military's report was Biden completely botched it. So, you know, make that of what you will.

00:33:51.840 Yeah. And, and what I make of it is we're in deep, deep trouble, uh, because we do not have a Republican

00:33:59.800 leadership on Capitol Hill that is any kind of countervailing influence or counterweight, uh, to

00:34:06.420 the, the obscenities, uh, that are being manufactured by the white house, whether it is, you know, talking 0.53

00:34:14.140 about India, uh, Japan and Australia joining us together as the quad nations to go blunt, uh, Vladimir

00:34:23.620 Putin's initiatives and, uh, threatened invasion of Ukraine. It's madness instead of supporting NATO

00:34:31.340 and so instead of supporting and giving some heft, uh, to the European union in confronting what is

00:34:38.260 first and, uh, first and foremost, if not solely a European problem with Russia. What do you think?

00:34:45.860 I think a hundred percent it's look, it's a European problem driven by Belgium in the European

00:34:50.960 union. Remember after the fall of the Soviet union, uh, these were, these are nations are inside the

00:34:56.200 Soviet union, but the European union immediately wanted to expand the EU and expand NATO, which is

00:35:02.140 really, let's be honest. America is 85 to 90% of the combat capability of NATO is the United States

00:35:08.860 of America. NATO combined can put together two and a half combat divisions that are ready to fight.

00:35:14.720 It is, it, it, it, it's like the British in world war one, you'll find out your allies, uh, have as much 0.80

00:35:22.120 baggage as, uh, as, as upside. And here the Alliance we've, you know, until Trump came, the Alliance

00:35:28.860 had totally atrophy because nobody was paying for their defense. It was Trump that sat there

00:35:32.120 and go, Hey, you guys committed yourself to 2% of your GDP for, um, for defense. You got to start

00:35:39.160 paying that. And that's what drove them crazy. So, no, I think, and, but you talk about the,

00:35:44.440 the weakness of the Republicans on Capitol Hill and too much of the, you know, neocon neoliberals.

00:35:50.720 I think that's the power of your show. And now that your show is daily and things like the war room

00:35:55.160 as more that we expose this and put the spotlight on it, they, they, they, they, they heave too. And the

00:36:01.020 reason is they do not want the people really finding out how weak and feckless they are.

00:36:06.420 The only way to keep these establishment Republicans, uh, heaving too, is you got to put

00:36:12.160 the hammer on them every day until they're replaced. And so right now that's our mission

00:36:16.320 is to, to basically, uh, you know, uh, stiffen the spine of these Republicans right now on a MAGA

00:36:24.680 America first when sweeping victories in, in, in the midterms now, then run the government like it

00:36:30.840 should be run. And I mean, investigations every day as oversight, every committee should be an

00:36:36.020 oversight committee and lay the, uh, lay the groundwork for a Trump sweeping. He wins a

00:36:42.540 presidency for the third time in 2024, uh, in a, in a sweeping 40 state victory. And then we set things

00:36:48.780 right starting in January, 2025. And we got to hold on until then we got to thwart them at every,

00:36:55.000 every effort we have to thwart them. And it's not going to be easy. It's going to be very hard.

00:36:58.640 It's doable, but very hard. Well, the Democrats can, are actually helping us a bit. Uh, you've got

00:37:06.660 AOC who's everyone's, uh, despised, uh, socialist communist, but saying as she did quote,

00:37:15.660 capitalism is not a redeemable system for us after you laugh so hard because you, you know,

00:37:23.440 she has no concept of what she's really saying, uh, a, not a redeemable system for us. What system

00:37:30.100 does she think created three fourths of the world's wealth? It wasn't a communist system and it wasn't a 1.00

00:37:35.740 socialist system. It was ours. You know, the reason I like her is that she doesn't hide it. I mean,

00:37:43.940 she's out there. She is an absolute socialist and she doesn't hide it. And I think we need to

00:37:48.920 compare and contrast that for the American people. I actually think the individual running against her

00:37:53.860 in her district could give her a real run for the money this time. And here's the reason is that

00:37:58.380 that's why I say, if we focus in can, we have a unique once a lifetime opportunity to shatter the

00:38:04.200 democratic party, this, this November in the house and the Senate, and that shards her wing, 1.00

00:38:10.500 uh, Omar and her and the, and the rest of the squads, uh, wing of the democratic party becomes

00:38:16.640 kind of the green party. This progressive left socialist cultural Marxist anti-American hate

00:38:22.900 America that becomes like the green party in Europe and the Democrats that what's left of the

00:38:27.840 democratic party melds together with the Republican establishment to be some sort of group like the

00:38:31.980 liberal Democrats in the UK and the, uh, ascendant Republican party under Trump becomes the dominant,

00:38:38.560 like 1932. And we have 50 years to govern. And that's why we've got to get very focused on these

00:38:43.600 elections this November, because we have to win with the right people and the right policies. And

00:38:49.140 if we do that, we'll save this Republic. If we don't do that, then this thing is just going to

00:38:54.620 crab sideways. Cause right now we're in dire straits. And when you think that they they're putting up,

00:38:59.620 uh, uh, AOC as their spokesmodel right now, my, my, my recommendation to her is stop talking

00:39:07.240 and go primary Chuck Schumer. If she primary Chuck, this is how bad the democratic party is. 1.00

00:39:12.340 If she primary Chuck Schumer today, she would win in a primary and she would be in the United States

00:39:17.660 Senate, uh, by this fall. That's where the democratic party is with someone who's an outright

00:39:23.300 socialist and just told you that this week. Yeah. You know, that's an interesting, uh, people who do

00:39:29.520 are not familiar with New York politics, uh, where in Manhattan, the registration is seven or eight to

00:39:36.640 one in favor of Democrats and across the state, uh, strongly democratic. Uh, I think you're right.

00:39:43.140 I don't think there's a moderate Democrat out there. And therefore I, I, I think she you're

00:39:48.320 exactly right. She just might do it, but I have to just share one thought with you. And that is

00:39:52.940 capitalism is not a redeemable system for us. It would be, if we inverted that we could say

00:39:59.420 socialism is not a redeemable system for us. That tells you how much she feared saying it

00:40:05.600 because the words mean really nothing. Uh, so she's at least saying that there's too much strength

00:40:11.460 around that word. That word still has too much, uh, positive connotation, uh, in the minds and

00:40:16.980 hearts of Americans to just be completely, uh, uh, uh, left wing, uh, uh, flamethrower.

00:40:24.200 Well, this is what you're going to see. I think with these fed decisions, because I say the problem

00:40:28.040 with capitalism in America right now is we don't have enough capitalists, right? Because they've had

00:40:33.560 zero interest rates and really support this, the one, the concentration of wealth at the 1%

00:40:38.180 with the negative interest rates, working class people have, as you know, on their money market

00:40:43.020 accounts or savings account, they get no interest. There's no ability for capital formation for the

00:40:48.680 working class and really the middle class in this country, or at least the lower middle class.

00:40:52.860 I would like to, I believe in a capitalism where everybody's a capitalist. Okay. One of the ways you

00:40:58.560 do that is stop mass illegal immigration. So they don't have to be like crabs in a bucket 0.53

00:41:03.480 competing for the lowest level jobs against unlimited labor from all over the world. You

00:41:09.440 got to stop the H1B visas. We need to tightly control our labor markets to make sure that American 1.00

00:41:15.760 citizens are getting a fair deal. Then in addition, we got to work through and make sure that people

00:41:20.820 have access to capital. They have access to investments. We have to make a nation of capitalists.

00:41:26.280 That's capitalism thrives when everybody's into the system and thriving with the system. Right now,

00:41:32.220 we have an oligarchy for, of these global corporatists and Silicon Valley, the media oligarchs.

00:41:37.760 Yep. And I know I got, I can't, I can't get off the loop my first time on the podcast without saying

00:41:43.920 I sit there every day, belly laughing when I see John Malone, the great John Malone out there in

00:41:49.760 Denver, the new owner, the new owner of, I've been saying, and now daily mail's picked it up. The new

00:41:55.660 owner of CNN looking at the disaster of the channel that you really made famous back in the

00:42:02.460 eighties and nineties. It's just, I sit there and go, what happened to that news network, what it's

00:42:08.580 become. And now I think you're going to see huge changes because these oligarchs and the media

00:42:13.320 propaganda departments they have at CNN, MSNBC, the New York times, the Washington post. I think all

00:42:19.140 that's going to come crashing down on them. Yes. I, as I think you're right. In fact,

00:42:23.800 I think it already has, but I think of the presidents that CNN has had over the course of

00:42:29.180 the past 20 years. I mean, it's to me just not, it's not, it's, it's inexplicable because John Malone,

00:42:37.340 one way or the other has had influence there. And you talk about a patient investor, a brilliant man.

00:42:42.140 He has been patient watching these fools tear that thing up, but they also made a lot of money over 0.95

00:42:49.960 that period of time. What John Malone does now with Discovery and David Zasloff, Dave, I'm sorry, 0.94

00:43:00.380 I kicked your name, buddy. They've got a real chance to do something very special because they're both

00:43:07.320 original. They've got a clear slate and some interesting, terrific properties.

00:43:13.040 Well, when Zasloff is a little left wing for me, I actually had some relatives that worked over there

00:43:18.140 at the Discovery site when Malone was the board member and going after Murdoch in Europe with

00:43:22.940 these sports leagues. But as I tell people, when John Malone came out on that interview,

00:43:27.800 I think it was around Thanksgiving, they had him on something and he kind of goes, you know,

00:43:32.760 I kind of like CNN back in the old days. I see, I think he said, he says, I think it was,

00:43:37.140 it really was best when he's back doing news back in the nineties. And I told people, I said,

00:43:43.200 that's like a papal bull. If Jeff Zucker does not get the message that he better scrap that

00:43:48.840 primetime lineup and get back to doing the news like they used to when Lou Dobbs. Lou, 0.52

00:43:52.880 I think your show is at seven o'clock every night or eight o'clock every night. Was it seven?

00:43:58.140 Absolutely. Seven. That was, I mean, that was to me,

00:44:02.680 the one show on television that combined Wall Street, capital markets, finance, and politics

00:44:10.520 and what was going on in the world. If CNN doesn't get back to that, they're going to be lost.

00:44:16.580 Yeah. Well, they've got Fareed Zakaria to carry the mantle forward. And so I just marvel at how

00:44:25.760 important John Malone is and how little the business press ever followed it. How little

00:44:30.860 corporate media covered John Malone, because he's a very conservative fellow and a brilliant person.

00:44:39.200 I learned more in an hour and a half discussion with him one time about public finance that I'd

00:44:44.320 been taught in school. So it's, he's one of my favorites. Let me ask you this, because this is one

00:44:50.100 of the critical things we can talk about Russia and Ukraine. You know, to me, I don't think that he

00:44:57.040 will go in now. And my reasoning for that is I believe that he is too much the beneficiary

00:45:01.940 of heightened prices for oil, which is, you know, 50% of his budget in Russia, probably 60% of their

00:45:14.060 exports, something in that order, 60 to 65%. I mean, he has a grand opportunity here to exploit

00:45:22.060 the situation, which may be the reason, in my opinion, that he provoked it. Xi and Taiwan,

00:45:29.240 I think that the United States should be focusing on that to the exclusion, if necessary, of Ukraine 1.00

00:45:36.600 and Russia, because that is, that is the hinge point for the future of the entire planet.

00:45:45.760 Look, I think in, in, in Ukraine, you should have the economic partners. You have to have, first off,

00:45:52.200 to me, you have to have a consensus between Germany, France, the United States, and the UK.

00:45:58.160 We don't have that. Number one, we don't have that because Germany is totally beholden

00:46:02.920 to Russian gas. Most of Europe is, but particularly Germany. Right. To me, the Ukraine could be settled 0.92

00:46:09.440 by negotiations, diplomacy, economic agreements, etc. You can take the battlefield problem out there,

00:46:19.400 but America under Biden keeps exacerbating it for his own domestic political agenda. In China,

00:46:28.460 it's everything. Taiwan and the South China Sea is everything. And if we lose that,

00:46:33.260 if they drive us out of the South China Sea and out of Taiwan, we will pay for that for the next 1.00

00:46:38.580 hundred years. Well, as I said at the outset of our conversation, you and I agree about nearly

00:46:47.240 everything. And I certainly agree with you on that point. And I really, I've been a student of Lou

00:46:52.760 Dobbs. You've schooled me for 40 years, so it's pretty easy to agree to you. You are so self-effacing

00:46:59.120 and modest. No, I'm saying you're, we played when you came on the show the other day, I think a clip,

00:47:04.960 we had dozens. We played a clip on you, I think from the early nineties. And it was like, you were

00:47:09.940 talking about events today. You've been, I tell people, go back and look at Lou Dobbs stuff from the

00:47:16.260 eighties and nineties. He warned us about all of this every night. It wasn't just some thing you

00:47:22.080 talked about once a year. You were hammering every night on the trade deficit, on the rise of China,

00:47:28.040 on losing manufacturing jobs. I mean, it was the, it was really the Trump program. I mean,

00:47:33.720 President Trump is, people should know this, a huge fan. He's watched you every night. But when you're

00:47:40.040 on CNN and then with Fox business, but I mean, all of us learn from you about, look, I came out of

00:47:46.920 Harvard business school and at Harvard business school in the eighties, they were teaching you

00:47:52.360 globalization. They were not, I did not have one lecture. I did not have one course about the

00:47:58.720 dangers of trade deficits. That all kind of shocked me when I started watching this guy, Lou Dobbs. I go,

00:48:03.480 Hey, I just got my union card at supposedly the best union shop on Wall Street. What is this?

00:48:09.400 What is this nutcase Lou Dobbs talking about? Everything was true. As I go around the country

00:48:14.300 working for Goldman Sachs, you can see the manufacturing base in this country, particularly

00:48:18.540 in the upper Midwest. And let me name a couple of states that Donald Trump would win 30 years later.

00:48:24.780 Ohio, Michigan, Pennsylvania, Wisconsin, right? The manufacturing base is being gutted out of

00:48:31.860 our heartland, our industrial heartland. And Donald Trump finally came to power,

00:48:37.780 essentially running on what Lou Dobbs had talked about for 30 or 40 years. Now, here's the thing

00:48:43.440 that we have to understand. It's not about understanding and knowledge anymore. The American

00:48:47.400 people, you and I could go out there and have a conversation with work-class people. They get what

00:48:51.740 you're talking about in two minutes, right? Because they live up. Go to a boardroom on Wall Street,

00:48:57.320 or you go to have an editorial board meeting at the Wall Street Journal or at the Financial Times or

00:49:02.280 the New York Times. They think you're an alien from a different planet. That's the problem we have.

00:49:07.260 The global elites, the World Economic Forum, the Party of Davos have a different set of values and a

00:49:12.540 different understanding than economic nationalists. And this is now the political problem we have,

00:49:20.720 is I keep saying one side's going to win and one side's going to lose. We can't continue on like

00:49:26.020 this. One side's going to win and one side's going to lose. And we're going to-

00:49:29.420 Do you know McKinsey, all of the consulting companies, corporate America, kept preaching to

00:49:38.660 the lobbying class in Washington and the staffs of every congressman and senator that this is not a

00:49:45.700 zero-sum game, this trade thing, this manufacturing thing. And they sold it. They absolutely sold it.

00:49:53.820 But in point of fact, it is a zero-sum game. And the cost of this country has been immense. People

00:50:00.380 have no idea. The millions of dollars have been lost. I had the famous Michael Porter in my second

00:50:06.160 year. Michael Porter was the star professor. This is in 84, I think it was. And the first year you're in,

00:50:12.740 but Harvard Business School was the railhead for the intellectual thinking behind globalization.

00:50:18.780 And Michael Porter was the star. And his book was called Comparative Advantage or Competitive

00:50:24.180 Advantage. And it was a Bible. You had, it was like the gospel according to Michael Porter.

00:50:29.340 I remember it well.

00:50:30.140 And there was no, Lou, this is where, you're the most self-apazing guy. All of a sudden,

00:50:36.380 Lou Dobbs started coming on CNN and he's talking about everyday trade deficit,

00:50:40.560 ripping out the manufacturing heartland. Your biggest fan was my dad. My dad would sit there and go,

00:50:45.740 man, I love, and he was not a Ted Turner fan and not a CNN fan, but he had to watch his Lou Dobbs

00:50:51.520 every night. And because you spoke to people that actually understand what made America great.

00:50:58.760 And you went, and people don't realize this, you went against the orthodoxy of all the business

00:51:03.540 schools, of all Wall Street, of all corporate America. Because I keep sitting there going,

00:51:08.440 how do they employ this guy? How do they get advertisers for him? He's sitting there saying,

00:51:13.140 and you're leading us down the road to perdition, which they were.

00:51:17.920 Well, there was a generosity because it was, you know, I was supposed to be, I believe,

00:51:23.400 just a flea on a dog's back and just another flea. And I think probably that's, you were talking about

00:51:30.840 maybe, you know, I guess I wasn't too clever, but I was sure as hell relentless in my,

00:51:35.120 uh, in my viewpoints. Uh, the fact is over time, uh, the reality is here that we, we talked about

00:51:43.280 years ago. Uh, the fact is it's a damn shame that we didn't have political parties with the guts 0.71

00:51:48.880 to understand, to try to understand and take care of the American people.

00:51:53.740 One last thing I want to get into, if you'd go back to Dobbs's career and Reagan and Volcker,

00:51:58.060 it took us 30 years or 40 years to get into this situation. That's why you look at president

00:52:04.280 Trump's first term, the heroic efforts he made, not just against the administrative state,

00:52:09.140 the deep state, but the global corporations, Wall Street, all of it to start to turn around

00:52:12.560 and had those golden years in 18 and 19. We're not going to turn this around in one or two years.

00:52:18.200 This is going to take us a decade of focus politics and grinding it out. And we can get

00:52:25.380 there. And this is the great challenge for this generation that you have the opportunity like in

00:52:30.040 the revolution, like in the civil war, like in the great depression, world war II, this is the great

00:52:34.220 fourth turning in America. We can do it, but there is no silver bullet. There's no magic wand that's

00:52:40.060 going to get waved over it. You saw the, how tough it was for Trump in those years of his first term,

00:52:45.280 his second term. And I want to tell people we take over the house this, this November,

00:52:50.940 Trump comes back with a sweeping victory. It's not going to be that in and of itself. It's not

00:52:55.560 a panacea. It's going to be people and policies in a grind. And every day is going to be a fight.

00:53:02.040 Now, if we stick to our principles and we believe in this country, we understand we've got to deliver

00:53:07.540 that the constitutional Republic with all its, uh, all it's a magnificent industrial power to another

00:53:14.460 generation. We're going to win. But if it's too hard, it's, we're not going to win. And it's, it's,

00:53:19.780 it's going to be a struggle and there's no silver bullet. There's no one election that's going to do

00:53:23.260 it. There's no one policy that's going to do it. It's taken us 40 years, a half a century to get here.

00:53:28.260 It's going to take a long grind to get out, but I know we can do it.

00:53:32.460 I concur once again with you, Steve. And, uh, I don't want to say that we're in a cold war with China

00:53:39.140 and we are, as Steve suggests, we're in a battle for this country's destiny, uh, for the very soul

00:53:45.720 of the country. Uh, and it is not going to be an easy fight because we have put ourselves, uh, at a

00:53:51.760 serious, serious disadvantage. Uh, we do have a great opportunity though, for original minds and great

00:53:59.980 leaders and Steve Bannon, Steve, thanks for being with us here. We appreciate it so much. Uh, and I wish

00:54:05.580 you all the very best, uh, until next time, uh, God bless and God bless America.

00:54:12.260 Lou Dobbs. Thank you very much, sir.

00:54:13.980 Thank you.

00:54:14.960 Join us again tomorrow for the Great America podcast. Stay in the fight. Truth,

00:54:19.380 justice, and the American way will prevail against all enemies, against all odds.

The Great America Show - February 15, 2022

BANNON： U.S. IS IN DEEP CRISIS, DEMS SOLD OUT AMERICA

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