
Episode 4086: Mainstream Totes The Wall Street Party Line ...
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Person A
This okay, because Donald Trump could blow.
Person B
Up his own trade deal with Mexico and Canada.
Person A
Can we just talk about the kind.
Person B
Of damage that these tariffs could do.
Person A
To our relationship with our closest trade partners like Mexico?
Person B
$400 billion with a B worth of.
Carrie Lake
Goods are imported from Mexico to the United States.
Person B
That's a lot of stuff.
Stephen K. Bannon
I think it's really worth highlighting here just how we are not talking about a repeat of Trump's first term tariffs. In his first term, Trump definitely expanded the remit of US Tariffs targeting, for instance, Chinese steel and other Chinese products, imposing about, you know, tariffs on around 300, $350 billion worth of Chinese tariffs. That is peanuts compared to the disruption that Trump is promising now. Maybe he'll still pull back from the brink. We'll have to what he does, obviously. But he's now talking about tariffs on close to $2 trillion worth of goods just from Mexico and Canada. And China is our third biggest trading partner, and that could be subject to another 10%, as you mentioned. So really worth getting in people's heads that this is really not a similar thing that Trump did last time. It's a category different to say, I'm not going to just target these sectors that we want to bring back US Production of, but I'm going to target everything that these countries ship to the US including, as that opening segment alluded to, things like avocados that we import from Mexico but don't really have the capacity to make here in terms of what domestic consumers want. So this is a really big threat to the economy. It is something that economists thought that maybe Trump was bluffing in the campaign trail or hope that he was bluffing on during the campaign trail. But he's making clear that at a minimum, he's going to walk up to the ledge and a lot of people are going to be in the crosshairs.
Economist/Analyst
Mexico and Canada are two of the biggest exporters of fresh fruit and vegetables to the United States. In 2022, Mexico supplied 51% of fresh fruit and 69% of fresh vegetables imported into the US while Canada supplied 2% of fresh fruit and 20% of fresh vegetables. Think about that. A combined 53% of all of our imported fresh fruits and a combined 89% of all of our imported fresh vegetables. 89% of all imported vegetables. That is a lot of vegetables. But I don't know, maybe you're someone who likes the sound of that. Maybe you think the US should grow more of its fruits and vegetables domestically and just stop importing so much well, the problem there is that Trump's other signature promise could destroy that option too. According to the Departments of Labor and Agriculture, nearly half of the nation's nearly 2 million farmworkers lack legal status. The same is true of the workforce that makes up our domestic dairy and meat packing industries. Now, I am no professor of economics. Who am I to say that that would make American grocery prices skyrocket? Luckily for me, Reuters talked to a food economics and policy professor who told Reuters that mass removal of farmworkers would shock the food supply chain and drive consumer grocery prices higher. It's not just grocery bills that will feel the impact of Trump's agenda here. Take housing costs. Not only does the US get the majority of its imported lumber from Canada, which Trumps tariffs would make 25% more expensive, but Trump wants to deport the labor force that builds a gigantic portion of America's housing. This weekend, Texas construction industry sounded the alarm about just how devastating Trump's promised deportations would be for the industry's capacity to build. The CEO of the construction giant Marek told npr, it would devastate our industry. We wouldn't finish our highways, we wouldn't finish our schools. Housing would disappear. They'd lose half their labor. Tariffs on their own could devastate our economy. Mass deportation on its own could devastate our economy. And Donald Trump says he wants to do both.
Person B
On day one, this through necessarily went on the deportation side. And it's anywhere from 11 to 20 million individuals as has been targeted by President Trump and some of his potential cabinet picks or deputy chiefs of staff, the industries that will be affected so agricultural, hospitality, healthcare, housing, construction. When you have a labor shortage, then in multiple industries, it's not just that the price goes up. Things don't get done that everybody seems to rely on. There are 33 million non native workers in the US labor force of 168 million. 8 million of those are undocumented. So if they're going to round them all up, we're going to be doing a lot of things on our own that we didn't do on our own in the past.
Person A
Yeah, and firing 50,000 federal workers is.
Person B
Not going to put those people in the field.
Kevin O'Leary
Where is China? China is at the forefront of this fentanyl thing. And I think the real tariff war is not going to be on Mexico or Canada. It's focused on a cheater, a liar, a stealer. Since 1999 when they came into the WTO, this is a country not the people, but the leadership that just doesn't want to play by the rules. And I live it in my businesses every day. I would like to go to DEFCON 1 with China tariffs 400%. I brought it up. Bring the Supreme Leader to Washington or crush his economy until he has riots.
Economist/Analyst
In the streets for again, we've had strategies to deal with China.
Person B
No, we haven't. Oh, absolutely we have.
Kevin O'Leary
One administration since 99 has dealt with.
Carrie Lake
I thought Trump was going to be tough on China. He had four years.
Kevin O'Leary
He's going to get.
Economist/Analyst
I was going to say that this.
Carrie Lake
Is time to really put 35% tariff.
Person B
Enough for China then, because he says.
Carrie Lake
It'S going to be 10% higher than Mexico and Canada.
Kevin O'Leary
No, it's not enough. What you have to do is target parts of their economy where there's a lot of workers. Just for an example, let's say yoga mats. Let's say we import a million yoga mats a month. All the yoga mat factories, 400% tariffs on yoga mats. They all get unemployed. They go to the streets, they scream at Supreme Leader, I'm starving. Riots. That's when he wakes up and says, wow, I can't sustain my Supreme Leader.
Person B
I went to the streets and screamed.
Carrie Lake
And no, no. I do want to ask because for.
Person B
People at home, they're wondering how this works. When this happened last time around, when.
Carrie Lake
Trump launched tariffs against China, they retaliated.
Person B
Were they effective at politically targeting return tariffs?
Carrie Lake
Like, was China able to say, well, then the tariffs on you, kind of.
Economist/Analyst
A BS deal where they were going to buy more soybeans.
Kevin O'Leary
They lied, they cheated, they steal.
Person B
Okay, stole.
Economist/Analyst
I think we.
Person B
This is the primal scream of a dying regime. Pray for our enemies because we're going medieval on these people. I got a free shot. All these networks lying about the people. The people have had a belly full of it. I know you don't like hearing that. I know you try to do everything in the world to stop that, but you're not going to stop it. It's going to happen. And where do people like that go to share the big lie?
Stephen K. Bannon
MAGA Media I wish in my soul.
Person B
I wish that any of these people had a conscience. Ask yourself, what is my task and what is my purpose? If that answer is to save my country, this country will be saved.
Carrie Lake
War room. Here's your host, Stephen K. Ban.
Person B
It's Wednesday, 27th November, in the year of our Lord, 2024. Welcome. You're in the war room. Two things I see change last night with all the networks. MSNBC, the official propaganda department of the dying regime. 30 minutes on every show yesterday was actually a detailed policy discussion on economics. Now, they still had Trump paid. I'm gonna talk about that. But for the first time since President Trump came down the escalator in June 17th of, or June 15th of, I think the 17th of 2015, it wasn't just unchained hatred. It was actually a quite sophisticated. Although they're totally wrong. I'm gonna get to that in a second of how we got them jammed up. But for 30 minutes, whole segments talking about economics, tariffs, global economy. Where do we get from our trading partners in Mexico? What are we getting our trading partners in Canada. What do we get from the China and the Chinese Communist Party? O'Leary Giving. Kevin O'Leary Giving. One of the most succinct and smart analysis of the Chinese Communist Party. The fascist economy built on the slave labor allow Beijing last night, by the way, for the new federal state. I talked to thousands of people in one of these zoom calls to talk about going forward and everything we're working on. And the Lao Beijing is more dedicated than ever because they understand that the shaky, the question of legitimacy and illegitimacy, the Chinese Communist Party, the talk about the $1 trillion that Xi's had to infuse into the local economy. Everybody understands that China's right on the edge. This is why President Trump, they can't take a 25% tariff. The tariff discussion is getting back now to actual thing called policy, not just raw hatred policy. In a sophisticated analysis for every show, Chris Hayes, Joy Ann Reid, Lawrence O'Donnell and particularly Stephanie Ruhl. And her show last night was. And Simone was on there. Simone, good on you. It was, it was brilliant. You had Stein from the Washington Post. You had very sophisticated people. And Stein brought the key point. This is why what President Trump said yesterday is so different. He's not talking about, I'm going to put tariffs on avocados. Or remember when we had the situation with the wall and they had Peter Navarro. And Peter Navarro went down there and they started talking about potentially blanket tariffs. And all of a sudden you had 10,000 Mexican marines deployed to the border with the whole thing will remain in Mexico. The first part of it, using tariffs as a blunt force tool. Right. We really haven't had discussion. Stein at the Washington Post brings it up. His 25% tariffs on Mexico, the 25% tariffs on Canada, the 25% tariffs on China are blanket tariffs on our three largest trading partners. I don't know, it's 2 or 3 trillion dollars of trade what was his message? His message to Mexico and the Chinese Communist Party. I've had it with the fentanyl. I've had it with the 70,000 people dying a year. I've had it with the Vietnam War every year. We're not going to tolerate it anymore. And you're not listening to me. Just like the American people in the fifth. Do you hear me now? Do you hear me now? But here's the beauty politically, msmec and it was a reasoned debate and discussion, but here's the beauty of it. What's the one thing they keep talking about? Chris Hayes and Alex Wagner, two of the smartest. Oh, we're in the unenviable position of having defend a system that's not working for the American people. We're having defenders, institutions that need reform. Last night, msnbc, when you see this, MSNBC and cnn, they took the Wall street party line because they added the deportations. And you're hearing the Wall street party line, this is why they initiated and exacerbated an invasion of the southern border was to break, to break the African American and the Hispanic working class. Powell and Yellen were upfront and they just reiterated and doubled down on MSMEC and cnn. Hey, you can't deport anybody because your wage has gone up. Now they're all worried about inflation. They're worried about inflation from tariffs and they're worried about inflation. If you deport people, it's going to be inflationary. What does that mean? Yeah, that's right. That means wages of citizens of this republic and particularly low skilled citizens of this republic, their wages will go up. They have backed themselves and this is because their producers are so lazy and so stupid that they've taken the Wall street line. They're now defenders of a institution you cannot possibly defend. Because Wall Street's not about the smart allocation of capital at the lowest possible price. This is late stage finance capitalism. This is Larry Fink and the oligarchs. They're pitching the oligarchs line that, oh, the whole world has to come in and compete against the people most vulnerable. This was the. Why do you think the 10 or 15 million that are here under Biden's watch were all to drive down the wages of the lowest skilled workers. They talked about it all the time and it worked. It drove down their wages. And now they're all panicked that your church, your school, your construction workers building, the people picking the vegetables, all of it's going to rise. They never talk about the reverse, that you actually have Increased wages for American citizens. We got them. We've backed them into a corner. We've backed him into a corner they can't defend. This is about the 1932, the 50 year realignment. No, Rich Romado, this is not an autocratic breakthrough. This is about economics. It gets his pass rates. It gets his past gender. And we own it. We own the moral high ground. We own the high ground on this. They're just nothing but stooges. Stooges for their advertisers and their corporatist bosses. On a couple days before Thanksgiving, a major, major, major sea change around tariffs, around protectionism, around bringing back high value added jobs to the United States of America. And Kevin O'Leary. I could hug him. Let's go to DEFCON 1. You go to DEFCON, you put 25% tariffs on the Chinese Communist Party right now. You will break the Chinese Communist Party. Short commercial break Carrie Lake is on deck in the war room. Big victory on the 5th of November. Now the work can finally start on the big issues facing the country. One of the biggest is the national debt and the deficits that drive it. Hey, you think the country's broke? The country is broke. We're just printing money to keep this house of cards going. The strategy remains the same for you. You got to diversify, diversify your savings. That's why buy gold from Birchgold. So many things are out of your control, out of the President's control. It's important to have a safe haven for your savings. 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Political Analyst
Of what to watch for next. I think we need to be watching for something that they call autocratic breakthrough. Autocratic breakthrough is when the party in power uses the power they do have in government to make sure they can never be dislodged from government. I'll give you a concrete example you've already seen in the House of Representatives. Now that Mike Johnson is back in as Republican House speaker. They changed the rules in the House to make it much harder to remove him as Speaker.
Person B
Right.
Political Analyst
So that's them digging in, planning to stay for the long run. Now we're here, you're not going to be able to get us out. You've seen Trump quote, joking, end quote, about expecting to stay in office for a third term once this second term is up. And that's of course against the Constitution. But he keeps repeatedly bringing up, bringing it up, that that's his expectation. Trump adviser, his one time campaign manager, Steve Bannon saying things in public about how they're going to be ruling for 50 years. There won't be any way to dislodge them from power. Autocratic breakthrough is when they use the powers they've achieved through winning elections to cement themselves in power so they can't be removed by future elections or by other Democratic means. So we are, we are watching the efforts to consolidate power. We are watching for signs of autocratic breakthrough trying to entrench themselves in power so they can't be removed. This is just the way these things go. This is how strong men rule. These are the things that they are trying.
Economist/Analyst
Yeah, but I think Steve Bannon actually wants it.
Person B
I think Trump wants to be popular.
Economist/Analyst
And you are not made popular by having a Justice Department that can't deal with crime.
Person B
Well, I think it's even deeper. I think it includes that. But look, you know, what Donald Trump has always wanted is what's good for Donald Trump. And that means many things. I mean, he used to talk about the swamp. And like many things, the swamp is usually what he wanted as long as it was for him and anything that benefited him. I mean, being able to interrupt the Department of Justice's going after antitrust, being able to interrupt the Department of Justice going after anyone who is a friend of his, anything that curries favor, the it's concerning. It also sounds like Congress is losing some of their footing here. How worried are you about this and do you think we expect to see.
Person A
Any hemming and hawing from members of the legislative branch on this one? Well, this is from Project 2025. Right. And this, this talks, you know, you'll notice that, you know who is heading Trump wants to head the omb, the Office of Management and Budget. Ross Vote and Ross Vote has, is one of the authors of Project 2025. He likely will sail through Senate confirmation because he's been in this department before and he compared to a lot of the other cabinet members, he has a much more genteel Profile. But his ultimate, you know, he's written a lot about this and he's talked about it, you know, not funding the federal government, taking away the power of the purse from Congress and giving the president that power. And I think that that, you know, is part of doge. But, you know, again with these people from, you know, these Project 2025 people like Ross, this guy is pretty smart and he's very ideological. Right. He's been writing about this for a long time. You know, I read a quote he had today that about how, you know, the only way to honor the Constitution is to sort of work around it. I mean, you know, this is a real ideological thing that's really explained in Project 2025 and talks about, you know, this fundamentally is about dismantling the administrative state. And this is, you know, quite worrying. If it works, it will really strip a lot of power from Congress and it will also reshape the way the.
Person B
Federal government spends money. Okay, so this is the other line of work, and this is the deconstruction of the administrative state. Remember, this is the fourth branch of government that the framers and the founders never intended to happen. Right. It is a. And it's got the rogue element, the deep state as part of it. It's full on right now because Russ Vote is the centerpiece, as we've talked about. You have three elements of this that are all going to converge. You have the executive branch, and that's omb. And remember the guys at Doge, Vivek and Elon, their contract is their advisors and consultants to wait for it. OMB. OMB is 600 to 1,000 people on the White House campus over in EOB that manage every program. When we talk about deconstructing the administrative state and actually get, from a financial point of view, getting the cost down, getting the six and a half or $7 trillion down to four and a half or $5 trillion, but also just to get it out of your life, get back to limited government, the blessings of liberty with doing this. You have to do it programmatically. Don't talk about. It's not just firing individual bureaucrats who happen to be bad actors. Obviously, that has to happen. It's also not about deregulation. Forget deregulation. That is a term and a concept from the Reagan era. This is about a massive taking apart, brick by brick, those elements of the government, of the administrative state that is too much in your life and getting back to a limited government. Conservatives have talked about this for years and they've Never done anything about it. And most of the people that are the theoreticians and the smartest guys in the room, that is Russ Vogt, were movement conservatives that are now populist and economic nationalist. So vote at omb and they've conceded now on every show that Russ Vote is brilliant. Russ Vote is. That's Molly Fashion who hates us more than anybody. He's genteel and she's very smart. She sees what's coming, right? Russ knows all the numbers. He had OMB under President Trump in the first term. And this is the power Russ Vote. He's not looking for, oh, I want to go to Treasury, I want to do this. Russ Vote is for the cause. He's not for Russ Vote. That's the power of Russ Vote. These guys like Navarro and Russ Vote, they are true believers in what we're doing. They're not looking for their own self aggrandizement. That's the OMB part. You have two other elements. You have the doge, which is Vivek and Elon. And they have a whole team. They will partner with Ombudsman and additionally have the appropriations process. And this is what I keep saying we should not, we should take a cr. Okay folks, don't melt down on the 20th when we run out of money. Just kick, do a CR and kick it 90 days into Trump's term. So President Trump, Russ Vogt, Scott Besant are actually in his cabinet, are actually doing the budget with people on Capitol Hill. In the appropriations process. In the appropriations process. This is where Vivek, this is where Elon. This is working with vote. This is hate. These are the things I don't think we need to fund, we don't need to pass and we shouldn't pass a bill with six, six and a half trillion of spending then just to go back over the year and have the DOGE guys take it out. We have an opportunity to do this all in the first hundred days. And Vivek and Elon have teams up there. And this is why I said I think the interview was in Puck last night with the great Peter Hamby, one of the last, what we call boys on the bus, the old fashioned kind of journalists that really do the old fashioned journalism. I told him one of the things that's impressed me with Elon and look, we have huge ideological differences including about the Chinese Communist Party. Let's put a pin in that for a second. I said what's fascinating to me is that he put money up for the least glamorous part of the victory. And I said, hey, it was not without Elon and Charlie Kirk and Marianne Adelson putting that money in. And you, this audience were the hoplites for the get out the vote, the going door to door, the canvassing that got the low propensity voters to the polls. We wouldn't have had the massive victory. So he deserves a seat at the table. Also, what he's doing on Dogecoin is this is pick and shovel work. This is not glamorous. And not just that, you're going to get amazing blowback. You see what they're blowing back on tariffs right now. They're taking the Wall street line. But last night, and I appreciate it, you had 20 or 30 minutes every one of these shows talking about tariffs. But you know, the hair is still on fire about Trump. You wait till you start taking apart the government and we start doing less, there are going to be more on fire. This is what I call the line of work. The three lines of work right now are just like I gave the speech at CCPAC back in 17. It is the national security aspect of it with Biden trying to, you know, the national security aspect, and particularly not so much the Middle east, that's big. But in Ukraine with the New York Times reporting. The New York Times, not Breitbart, not Gateway pundit, not Revolver. But the New York Times, our beloved paper record, they're reporting that American officials in the Biden regime and NATO officials and the elites of Europe, along with Zelensky and the Ukrainians, are talking about forward deploying the potential for deploying tactical nuclear weapons in Ukraine. If you want to have metastasized in the beginning of World War 3, as the former chief of staff of Ukraine is saying, I think that might be a way to do it. That might be the Cuban Missile Crisis. On testosterone, okay, that's one line of work. The other is the economic. Is the economic nationalism. And this is what you're seeing on the tariffs. President Trump's throwing it out there. Maybe a blanket tariff on $2 trillion of trade. Hey, I'm just thinking about it. Let me tweet that out. Let me put that on Truth. Suck on that. But this is all about economic policy. This is all what Bessin's thinking about. You just had Kevin Hassett last night announced as nec. Another ran cea. He ran the Economist panel over in the White House in the first term. Another solid guy. And not just that. The reason he's so important, he's a convert from Austrian school of economics to populist economics. So that's the second line of work, right, the economic nationalism. And the third line of work is the deconstruction of the administrative state. Hello Doge Ross vote the appropriations process. This is the Trump plan from the first term and now it's more mature, it's got more. As Robert Bartley in the, in the Wall Street Journal used to say, it's got muzzle velocity. You have person and how do we do that? For four years you've been working to become subject matter experts. This was the whole training program of AFPI. And in project 2025 to get the 3000 non senate confirmed landing teams, beachhead teams to hit the beach on the 20th to bridge and go. We also signed the transition, signed the transition documents last night. But what did they avoid? No FBI investigations and we're not going on their computer system so the administrative deep state cannot see anything. The Trump transition is doing. It's happening folks. It's converging. We're converging on a point that point. High noon on the 20th of January in the year of our Lord 2025. Kerry Lake joins us next in the war room. When the doctors at Brick House Nutrition announce a Black Friday sale, it's a big event. Now is the time to save a bundle while you reboot and optimize your health. This is the biggest sale of the year on everything. That includes Field of Greens, the life changing superfruit and vegetable drink that promises your doctor will notice your improved health or your money back. The Black Friday sale also includes Lean, the physician formulated weight loss phenomenon that helps turn and burn excess fat into energy. Even Radiance, the collagen accelerator with four times more health and anti aging power than that influencer collagen. Yay. That's on sale too. From weight loss to sleep aids, from creatine to whole food bars, they're all on sale. Visit Field of Greens.com and use code SALE. That's promo code SALE@FieldaGreens.com and do not forget, that's promo code SALE@Fieldagreens.com here's your host, Stephen K. Battle. Okay, I know I said the magic term cr. Just, just, you know, take, take us, take a, take a powder here, chill, you know we hate CRs here. And you guys in, in the next man up, Natalie and Grace and others, you guys did a fantastic job during the summer trying to fight the cr. I thought it was great all the games that were played. The reason we need the CR because otherwise you're going to get an omnibus where they're going to try to get it all done. And that's the concept of clearing the decks. When you hear clearing the decks, that means they want to take power away from President Trump. We have the opportunity for Russ vote to actually do this budget and to start to get us back to pre pandemic levels. That's the key thing here. We got to get back to the four and a half or $5 trillion we spent pre pandemic. Not the six, six and a half, seven that Biden wants to spend. That's get. That's the $2 trillion. That's the $2 trillion deficit that gets added to the face amount of the debt you got to finance. It can't happen. So we do support a CR that just kicks it into President Trump's term. We got a. Because we run out of Money on the 20th on Christmas Eve. It's coming as soon as we get back. As soon as they get back from Thanksgiving, this will get to be a big thing. But don't think we're going soft. We're not going soft. This is all strategery. Kerry Lake, you've been down at Mar A Lago. You're very close to the transition, obviously very close to President Trump. There's all kind of rumors out there, things in the air about how you may join the administration and help President Trump. Just give me your thoughts. You see that taking down the administrative state, people like Russ vote.
Carrie Lake
Wow.
Person B
That even they, even the opposition agrees is a brilliant guy. Just give me your thoughts of the transition so far. What you're seeing, the cut of the jib of the people coming on board now.
Carrie Lake
I think it's incredible. I got goosebumps listening to the first two segments of your show about how incredible this movement is going to be and we're actually gonna get things done. We're gonna thin out the bureaucratic state, maybe do away with much of the bureaucratic state. Russ is brilliant. I agree with you, Steve. He's not in this for his own ego. He truly wants to get things back to where they should be, what our government should look like. Not this out of control bureaucracy that's costing us and bankrupting our country. I can't think of a better fit than him. And I thought all of the picks were good. I mean, I was actually excited about Matt Gaetz. I think Pam Bondi is going to be great. So we've got incredible picks. You know, not every. Everyone. What's interesting though is that how the American People are watching this. It is like the center of the world. Everyone is watching what President Trump is doing and he's got a great plan. It's going to get busy and get kicked off on the 20th, as you said, high noon. And I think things are going to happen very quickly, whiplash fast. And we're going to start seeing the economy turn around. It's hilarious, Steve, to watch these MSNBC and CNN contributors trying to push for the administrative state. That's their hero is the administrative state. If they don't realize how stupid they sound, it's remarkable because they're now cheering on this out of control government bureaucracy and they are acting like President Trump didn't have that first term. You know, they were trying to warn us about his first term, he's going to crash the economy, etc. Etc. We ended up having the strongest economy, we ended up having the lowest unemployment, we ended up having our dollar going a whole lot further than it did before. And they were warning us that he wasn't going to be able to do it. And now they're trying to heed that warning again. And we know.
Person B
Hang on.
Carrie Lake
That what they're saying are lies.
Person B
Hang on, hang on, hang on, hang on. I gave this speech a year ago in Pinehurst and talked about on the 20th to convert, two things are going to converge. You're going to have and you're having an economic issue you have to deal with. And that's threefold. Number one, we run out of money on the 20th of December. Government runs out of money. You got to see our. If you don't, if they try to do an omnibus, that's a swamp. So you kick that in. So you gotta kick that in. But Trump still has to deal with, he's gotta put together a budget, number one. Number two, the debt ceiling. Kevin McCarthy, the reason Kevin McCarthy is not speaker of the House. The only time in the history of this republic, ladies and gentlemen, in this audience, removed him through the instrumentality of Matt Gaetz, the brilliant Matt Gaetz. But this audience was the one that took on Fox and took on the Murdochs and we won. Why? Because Kevin McCarthy gave an unlimited cap and for two years. And when does the debt ceiling come off? The 3rd of January. So President Trump immediately. 3rd of January. Right. And then you have the reversion of the tax cuts, which is April 15th. But that, that all merges into an economic issue and kind of crisis that has to be dealt with at the same time. The second conversion thing is you have to deport 11 to 15 million people here. And Kerry, so you were frontline. We get to it. Couple things on the. I think is imperative for us right now. We have to have very precise nomenclature. And I'm afraid that this thing's getting a little soft and a little squishy. Number one, this is just my recommendation. I'm just a humble soul. I think that we need to define. But the deportation should focus on everybody that came here, starting at 1 minute afternoon on the 20th of January, 2021, when Biden took out 80 executive orders to get rid of everything Trump had done to secure the border, everything Trump had done on immigration. And he basically initiated and then exacerbated the invasion from that date until high noon on the 25th. I believe if you look at the math at Todd Benson's, that's somewhere around roughly 10 million people. Okay? That is a massive amount that you have to deport. We shouldn't go back in time. I'm not saying we don't eventually do that, but let's take care of the problem we got now, okay? Number two, and now I said it has to be humanely. And here's why. The people that came across, it's not their fault. They were invited here by the Wall street oligarchs. They were invited here by the instrumentality of the illegitimate Biden regime that didn't win the 2020 election. They were here because they wanted the votes, but Wall street wanted the cheap labor and they wanted the consumer, where they're buying the Doritos and renting the apartments and all that, spending every penny they have. We have to. I believe Kerry, I would recommend having a summit meeting. And let's pick a random place. McAllen, Texas, the capital of the Rio Grande Valley that now President Trump is winning. Because in South Texas, Hispanic American citizens sitting there going, I can't take this anymore. Somebody's got to save me. That guy is Donald Trump. You have the frontline nations of Central America. You have Mexico, you have maybe Brazil, a couple nations in Latin America where, like, the Haitians are hanging out to wait to come here. You have them all down. And Donald Trump, the dealmaker walks through his proposal on how we're going to work as a group collectively and humanely have their citizens go back to their countries to make their countries great again. And maybe there's some, you know, economic incentives to do that. But the hammer he's got is the tariffs that if you want access to the best market in the world, that would be the United States of America, you're Going to have to. We're going to have to work collectively to do that. Now, Kerry, you were at the cutting edge of this and was the center for your campaign. Okay, so walk me through your thought. Go ahead.
Carrie Lake
Wait a minute. The tariffs, but also foreign aid. Foreign aid should be contingent on these countries taking back their citizens. And you can look at it in a beautiful way. We're going to be creating. You said 10 million. 10 million. Amazing homecomings. These people are going back to their country. And I agree. I've always said that along when I was on the campaign trail. We need to send the people back who poured in during the Biden invasion, because these people came over and we have not properly vetted them. We know that there were, what, 325, 350,000 children who were trafficked across. We gotta try to find those kids and get them back to their loved ones. I do believe it needs to be done humanely, of course, but it's gonna have to be a combination of tariffs and it's gonna have to be a combination of foreign aid not going to countries that refuse to take their citizens back. These aren't all people going to Mexico. You know, I remember talking to many border patrol who said it's very rare in the last three and a half years for anybody coming here illegally from Mexico. These are coming from 170 different countries around the globe. We're talking. We're talking China sending in spies across our southern border. We got to make sure that we're sending these people back to their homeland. The ones who came in during the Biden invasion. I'm not talking about going back 20 years ago.
Person B
You agree with that? Look, you're Arizona that we have. Look, I don't know. It's 6, 8, 10 million. I have no idea because Biden. But it's somewhere around there. And that is the biggest deportation in the history of the world.
Carrie Lake
Yeah. Somebody knows how many. I mean, they all did get processed, you know, especially using the CB1 or, you know, the app that Kamala Harris and Borders are created to help people come in and assist. It was kind of like the Expedia for people coming here illegally. You know, these apps can work both ways. If they came here illegally and signed up through that app, we can find them and send them back. Buses and planes go in both directions. And, you know, I really believe that President Trump will. And I'm hearing Tom Homan talking about this. We are going to be sending people back, and I think that we have to do that in order to Save our country. And I believe that at the end of the day, being the master negotiator that he is, President Trump will get these countries to cooperate and take back their citizens. But we have to start. I agree with Tom Homan with the most dangerous people out there, the criminal that we know are here, we need to get them sent back immediately. Whether they came from Venezuela, whether they came from, you know, whatever country they've come from, El Salvador, we got to get them sent back immediately and make our streets safe as quickly as possible.
Person B
You mentioned something, and this is quite interesting. Walk me through your concept. Because President Trump saying, hey, I got tariffs, I have economic policy. Navarro did this before, but you brought up something. You're talking about foreign aid and maybe even military assistance. What do you mean by that? Where would you go? That seems like a USAID thing, which many people are saying has always been a front for the CIA, but I don't know, it's 40 or $50 billion. Is that the type? Is it the State Department, the Defense Department? Is that what you're talking about, to bring those forces together also, ma'am?
Carrie Lake
Well, you mentioned USAID. I mean, $50 billion budget, 10,000 employees. This was started, what, 60 plus years ago by JFK as a way to stop the spread of communism. And what it's doing now is just pushing DEI and difficult, horrible climate change policies that are actually crippling other nations, not helping them, not assisting them, making life more difficult, making the economy, economic factors even more glaring for these poor countries. And so we gotta look at, you mentioned the CCP and the Belt and Road initiative and the trillion dollars that they put into that to help build up these other countries and really take control of these other countries. And we're pushing gender ideology as part of our foreign aid. We gotta get smart, and we're not smart right now with the Biden administration. And that's why I think President Trump, with the help of people like Vivek and Elon, taking a look at all of these different departments that have just grown out of control. Can you imagine 10,000 employees in this foreign aid outfit called USAID, or as you mentioned, maybe a CIA slush fund. We've got to cut down on this blow. And if we are sending foreign aid, it should be to stop the spread of communism. It should be to help people be pulled up from immense poverty, starvation, and actually help them not be a welfare program, but actually help them so that they can actually become a functioning economy, a functioning society, and then become strong and create middle class for these countries.
Person B
Make their countries great again. Okay, Kerry, hang on for one second. We're gonna. I want you for the next break. This is why the one disagreement we did have with the president, when he said, hey, on the college graduates and the community college graduates, we ought to staple a green card, we said, Mr. President, we love you. We got another recommendation. Why don't we staple an exit visa? Right. Folks need to go home to make their countries greater again. And we need to work in conjunction to make sure that happens. There's going to be turbulence. You know, there's going to be turbulence already a little turbulence in the bond market. They're sitting there going, man, are Trump's terrorist, inflationary or Trump's deportation going to raise wages after Wall street crushed the working class, the black and Hispanic working class in this country. It's going to be inflationary bond market, a little turbulent. Gold has been a hedge against that for 10,000 years. A man's recorded history or 5,000 years. Check it out. Birchgold.com Bannon the end of the Dollar Empire Rachel Matter, your team has it wrong. We're not trying to destroy the dollar. We're trying to save it from the elites in our country. Short break. Kerry Lake on the other side. You ever think, how can I work this hard and still be in debt? The piles of overdue bills, the threatening phone calls and never having money to do anything, it just won't stop. You're trapped in debt. Done With Debt is the way out. They've developed aggressive new strategies to end your debt permanently. Done With Debt stands between you and harassing bill collectors. They tirelessly negotiate with your creditors to lower or even forgive what you owe. And they do it all without bankruptcy or new additional loans. As one client raved, quote, our phone call saved us a fortune. I wish we did this long ago. End quote. Bottom line, Done With Debt has unique strategies to get you out of debt faster and put more money in your pocket every month. But you need to hurry because some debt solutions are time sensitive and you don't want to miss out. Visit donewithdebt.com talk with one of their debt relief strategists for free. Let me repeat that. Go to donewithdebt.com and talk to one of their debt relief strategists for free. You have nothing to lose except your debt. Go to donewithdebt.com that is done with debt.com. do it today. Action. Action.
Kevin O'Leary
Action to go to DEFCON 1 with China tariffs 400%. I brought it up. Yeah, bring the Supreme Leader to Washington or crush his economy until he has riots in the streets.
Economist/Analyst
For again, we've had strategies to deal with China.
Person B
Oh, absolutely.
Kevin O'Leary
One administration since 99 is dealt with.
Carrie Lake
I thought Trump was going to be tough on China. He had four years.
Kevin O'Leary
He's going to get.
Economist/Analyst
I was going to say that this.
Person B
Is time to really put the 35%.
Carrie Lake
Tariff enough for China then, because he says it's going to be 10% higher than Mexico and Canada.
Person B
No. Okay, Carrie Lake, you've been at the front line of this, of the fentanyl situation. Now, President Trump, yesterday, the primary driver of action here was President Trump saying, hey, I've had it with the fentanyl. And remember, folks, here's the fentanyl is the Opium War in reverse. The British East India Company, the Brits, they're such lovely folks. How they couldn't, you know, they sent a. They controlled India. Remember at the time in the history lesson, we had our revolutions, it was India and North America. We broke off because our, the revolutionary generation and our framers and founders of the nation didn't want to be even on the ground floor of a vast empire because they said it's a worthless landed aristocracy that has totally corrupted commons. So the little guy has no real voice. And they've given these charters monopolistic power to things like the British East India Company. The tea that was thrown into Boston harbor was off a British East India Company's ship. And the smugglers that were John Hancock and Sam Adams and the Sons of Liberty said, hey, we're free booters. We're entrepreneurs. We're not going to take this. Let's get rid of these guys. So what they did, the British East India Company going to China, they sent a delegation to I think Nanking at the time. And they were there for two weeks. And the imperial power came back and said, hey, we don't want any of this stuff. All your stuff is crap. We don't need it, we don't want it. We're not going to trade, so get the hell out of here. And so what the British did was we still got to do it. So, hey, they started importing opium. And this is what broke the Chinese and destroyed the Chinese, destroyed China. The addiction to opium, that was the Opium Wars. This is what the chat. Remember the Chinese Communist Party, The Chinese think in centuries, this is what they referred to as the second or their Opium War in reverse. This is fentanyl to poison the United States through Mexico with their partners in the cartels up to so Kerry, President Trump saying, unless you knock this off and we're going to stop fentanyl 100% because we're having more casualties, twice as many casualties every year in fentanyl than we had in the Vietnam War. Trump says, I will put a 25% tariff and I will put it in Mexico and I'll put it in China and I will break you. And O'Leary saying, that's not enough. Let's take them down. Let's take the Chinese Communist party and go 400% and they'll be done in 90 days. Your thoughts, ma'am?
Carrie Lake
Well, I mean, I don't know. 400% is right, but definitely, I believe the CCP is on the verge of collapse and with a little prodding, we could help bring that down and truly free the people of China. The people of China are good people. This regime is absolutely, probably the most cruel we've ever seen in our lifetimes. What they're doing with organ harvesting, what they're doing with the slave labor. And the people are on the verge of saying enough is enough over there. I think that if with a little bit more pressure, we could bring down the ccp, but the fentanyl, you know, I have met so many moms and dads, Steve, along the way in the last few years of parents who've lost a 16 year old son or a 20 year old daughter, an 18 year old, even 14 year olds who are just gone because of this fentanyl. Can you imagine? And this is why I'm glad the President is going to get tough with Mexico and with China, but particularly Mexico. If we were sending a product into Mexico that was killing 100,000 of their young people a year, there would be hell to pay. And there has been no justice for all of these people who've died. And you know, why are we not seizing some of these freighters that are bringing the, the ingredients over?
Person B
Amen. We seized one fleet and this the seventh fleet in the Coast Guard. I'll be off the coast of Mexico. I was there as a, as a naval officer. We're down there for the tuna wars. So, Kerry, can you hang through the first opening segment? There's no truth to the rumor that I'm getting Carrie Lake ready to take her newsmax gig, that we're just getting her some reps here on War Room. There's no truth to that rumor whatsoever. We are going to talk about Kari Lake and her future. She's one of the greatest pieces of manpower in our nation and one of the greatest Pieces of manpower in the maga movement. Carrie Lake's going to stick around. Natalie Winters is going to join us at the bottom of the next hour. She's got a lot to say about the autocratic breakthrough of the color revolution that's being run on the American people by Victoria Nuland and Rachel Maddow. And that crowd, Ann Appelbaum. All of them, all the demons. Okay, we're gonna take a short break. I want to play as we do our out song from St. John the Evangelist in the book of Revelations, an original from Johnny Cash now covered. Was it T Bone Burnett and Billy Strings. When the Man Comes around is going to take you out. We got a whole hour packed. He's going to go through and deconstruct how they're trying to take down the second Trump term, his third victory in his second term, before he even gets started. Short break. Return to the war room. In just a moment.
Narrator/Voiceover
The hairs on your arm will stand up. Let the terror in each sip and each suck. You partake of that last offered cup or disappear into the potter's mouth. When the man comes around Trumpets hear the pipers 100 under million multitudes marching to the big CA voices calling, voices crying Some are born and some are dying Alpha and Omega's kingdom come and the whirlwind is in the thorn tree the virgins are trimming their wicks the whirlwind is in the palm trees it's hard for thee to kick against the bricks Till Armageddon no shalom, no shalom Then the father will he call his check and tone the wise men will bow down before the throne and at his feet will cast the golden crowns when the man comes around Whoever is unjust let him be unjust still Whoever is righteous let him be righteous still Whoever is filthy, let him be filthy still Listen to the words written down when the man comes around Hear the trumpets hear the pipers 100 million angels.
Stephen K. Bannon
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Episode: 4086 - Mainstream Totes The Wall Street Party Line
Release Date: November 27, 2024
Summary:
In Episode 4086 of Bannon's War Room, host Stephen K. Bannon delves deep into the current economic and political strategies proposed by former President Donald Trump, focusing on the implementation of extensive tariffs, immigration reforms, and the consolidation of power within the administration. The episode features robust discussions with economists, political analysts, and industry leaders, providing a comprehensive analysis of the potential impacts of these policies on the U.S. economy and its global standing.
The episode opens with a critical examination of Trump's aggressive tariff strategy targeting Mexico, Canada, and China. Unlike his previous administration's tariffs, which focused primarily on specific sectors like Chinese steel, Trump's latest proposal encompasses a much broader range of goods.
Bannon emphasizes that the scope of these tariffs extends to everyday items such as avocados imported from Mexico, highlighting the potential disruption to various sectors of the economy.
Economist and Analyst provide insights into the substantial economic repercussions of Trump's tariff plans.
The discussion underscores the dependence of the U.S. on these imports and the looming threat to essential goods supply chains. The conversation further explores the potential inflationary effects and the strain on domestic consumers.
A significant portion of the episode is dedicated to Trump's proposal to deport between 11 to 20 million undocumented workers. The hosts discuss the multifaceted impact of such a move on various industries.
The narrative highlights the risk of exacerbating labor shortages in critical sectors like agriculture, dairy, meatpacking, and construction, potentially leading to skyrocketing grocery prices and halted infrastructure projects.
Stephen K. Bannon critiques mainstream media outlets, particularly MSNBC and CNN, accusing them of adhering to a "Wall Street party line" that undermines Trump's policies.
Bannon argues that while these networks engage in policy discussions, they ultimately support institutional frameworks that favor Wall Street interests over the working class.
The conversation shifts to the concept of "autocratic breakthrough," where the ruling party seeks to entrench its power beyond constitutional limits.
The discussion highlights recent changes in the House of Representatives and Trump's aspirations to potentially extend his influence beyond traditional term limits, raising concerns about democratic erosion.
A critical analysis is presented on the efforts to dismantle the administrative state, with a focus on the Office of Management and Budget (OMB) and its significant influence over federal programs.
The segment discusses the strategic appointments of key figures like Russ Vote and the collaboration with tech moguls Vivek and Elon Musk to streamline federal spending and reduce bureaucratic oversight.
Addressing the pressing issue of the national debt, Bannon outlines strategies to manage and reduce federal spending.
The proposed approach includes passing a Continuing Resolution (CR) to cap spending and revert to pre-pandemic budget levels, thereby avoiding an omnibus bill that could further entrench bureaucratic power.
The episode culminates with a heated debate on the necessity of imposing even harsher tariffs on China and addressing the fentanyl crisis plaguing the nation.
Kevin O'Leary [05:01]:
"Where is China? China is at the forefront of this fentanyl thing... I would like to go to DEFCON 1 with China tariffs 400%."
Stephen K. Bannon [47:42]:
"The people are on the verge of saying enough is enough... President Trump will get tough with Mexico and with China."
The hosts argue that without decisive action against China’s illicit drug trade and practices, the U.S. faces a deteriorating public health crisis and weakened economic sovereignty.
Person A [00:00]:
"This okay, because Donald Trump could blow up his own trade deal with Mexico and Canada."
Person B [04:13]:
"When you have a labor shortage, then in multiple industries, it's not just that the price goes up. Things don't get done that everybody seems to rely on."
Kevin O'Leary [05:01]:
"Where is China? China is at the forefront of this fentanyl thing... I would like to go to DEFCON 1 with China tariffs 400%."
Stephen K. Bannon [07:34]:
"MSNBC, the official propaganda department of the dying regime... it was actually a quite sophisticated... but they're totally wrong."
Political Analyst [16:20]:
"Autocratic breakthrough is when the party in power uses the power they do have in government to make sure they can never be dislodged from government."
Episode 4086 of Bannon's War Room presents a fervent critique of current mainstream policies and media narratives, advocating for aggressive economic nationalism, comprehensive immigration reform, and the dismantling of entrenched bureaucratic structures. Through incisive discussions and expert analyses, the episode underscores the perceived threats to American economic stability and democratic integrity, positioning Trump's strategies as essential measures to safeguard national interests.
Note: Advertisements, promotions, and non-content segments have been excluded to maintain focus on the substantive discussions of the episode.