Brian Kennedy (2:34)

Yeah, it's the kind of thing the CIA would say in order to justify more spending. I think one of the main things about USAID and everything they've been doing is they've done this for the. You've heard this phrase before, the greater good. We're doing this for the greater good is that we've spent money all over the world for the greater good, and we've projected American power, but we haven't really made friends or allies of these people. We've used this to corrupt the world, I think, in so many ways. And I think that's really the danger of what the government's been doing all these years. And I think one of the main things that Musk has gotten to is that there is so much money. When you hear about condoms going to Mozambique, and it's our tax dollars doing that.

Natalie Winters (3:25)

Hang on. I was told by a reporter in the White House that because the condoms were going to Mozambique and not Gaza, that the American people should support it. Do you guys agree with that? Okay, I didn't think so. I didn't think so, but continue.

Brian Kennedy (3:40)

No, no, no. I think that's just the point, though. Why is our. Why are our tax dollars doing that? I will say, you know, Frank Gaffney and I. Frank's one of my heroes, and Steve's not here, so I get to say whatever I want to until you try to wrestle me to stop me. We're living in this very precarious time where government is spending a lot of money. And Frank and I were arguing earlier this week about how much money we're spending on defense. And President Trump had this proposal with the Chinese and the Russians that if we cut 50% of our defense budget, they'll cut 50% of their budgets. And Frank called me, and he was in. It was moral outrage. And about the whole.

Frank Gaffney (4:26)

Whole thing.

Brian Kennedy (4:27)

And I thought, you know, this is Trump's genius, that he's going to cut 50% out of our defense budget. And it's going to be, you know, condoms to Mozambique or, you know, transgender surgeries in the military and all this wasteful spending. We're going to cut 50% out of our budget. That goes in those kind of crazy things. And the Russians and the Chinese would have to cut 50% out of their budget, and it would be actual programs they're using to build, you know, nuclear weapons or tanks or airplanes, what have you. And so I think One healthy byproduct of finding out where the money goes is what can our priorities or what should our priorities really be? Should they be these silly programs around the world, or should it be what does it take to defend the United States?

Natalie Winters (5:18)

And I know you guys might have a little bit of a debate over World War 3, but I'm curious if you agree with Brian's assessment of the concept of United States American soft power abroad. I think it's sort of a, I would say, false projection. The idea that we are actively competing with the CCP in any meaningful way, shape or form on the world stage currently or at least under Joe Biden.

Frank Gaffney (5:42)

Well, I just have to say, if.

Steve Bannon (5:45)

I can, it's the ccp.

Natalie Winters (5:47)

Yeah.

Steve Bannon (5:48)

Coming.

Frank Gaffney (5:50)

Natalie was overheard off mic as we came up saying, I want some exciting guests.

Steve Bannon (5:57)

That was not a negative.

Frank Gaffney (5:59)

Rather disappoint. Let me try to make aid as.

Steve Bannon (6:04)

Exciting as one gets Bystanders.

Frank Gaffney (6:07)

Okay, look, this has been a quintessential example of slush funds being abused by Democrats for their social engineering projects. And the dead giveaway which Natalie, now our White House correspondent. Let's hear it for the White House correspondent. War room, yay. As Natalie can appreciate, it appears that about half of the people in the room she works with now were on the USAID payroll, for God's sake. Now, it starts with the fact that that last time I checked was a program designed to pay for foreign activities. And we can argue about the value of them and, you know, the merits of the way they did it in particular under the Biden years. And I would just stipulate it was waste, fraud and abuse stemmed astir. I happen to believe that there are some places where you could usefully use foreign assistance, but I'm not convinced that they were doing much of it on those guys watch. And as a result, they've given the whole thing a bad name. But what is absolutely unacceptable and should be criminal and should be prosecuted, something that Natalie is rather big on, as you know, is the fact that they were plowing some of this money into propagandizing the American people. That is unbelievable. And I don't think we've gotten an indication of the full measure of how bad it was. Which brings me to another exciting topic, which is what we're doing with our defense spending. Now, Brian and I did have a little bit of a debate. My piece of the debate was mostly, I personally don't believe that there is 50% of the defense budget that is in condoms going to Mozambique or transgender surgery. In fact, One of the things that I said to Brian that I'm hopeful of is if Elon Musk and his team do as Steve has constantly now been exhorting them to do, go into Virginia. Have you heard about this? Go into Virginia, just like in, you know, the Civil War. If they do and they actually can bring the kinds of techniques and technologies to bear that they've used handsomely on USAID and a number of other outfits, maybe they will find what has been eluding us to this point, which are line items dedicated to waste, fraud and abuse. And if they do, we should strike them for sure, and they might find other programs that they think were not meritorious, or at least not as high a priority as they should be. And we should have a debate about that. But I would like to suggest, ladies and gentlemen, and this is a point on which Brian and I agree, that as we are in a war, we ought to think very carefully about either taking the money out or being perceived as taking the money out, rather than spending it more wisely. And I just want to do a shout out to a really exciting person who, unfortunately is not up here on the stage, but she's right over there, Dr. Karen Sigemond, one of the War room favorites, ladies and gentlemen. And I'm going to steal one of her lines because she's always stealing my damn lines. Karen has a wonderful analogy. You all are familiar with this question about did if a tree falls in the forest, did anybody hear it if they weren't there, right? Did it. Did it. Did it actually make a sound since nobody was there to hear it? Something like that. Anyway, the point is, she said, if there is a war underway and nobody is paying attention, can you still lose it? And the answer, of course, is yes, you can. And we're testing the proposition right now. And one of the things, and I see the great Steve Bannon is in the House, for which I will always be personally grateful, and I suspect the rest of you feel the same way, is he has helped people like our committee on the Present Danger, China and countless others, elevating these sorts of issues that the American people have to know about, have to know that when we're deciding about defense expenditures or what they should be or how much they should be, we're having it in the context of the fact that we have mortal enemies, starting with the Chinese Communist Party, who are emboldened by what they see us doing. And if they are emboldened, they will press forward. I'm afraid, from what I believe, Natalie has done heroic work to describe the unrestricted warfare they've engaged in against us for 30 some years, the people's war that they announced publicly that they had declared against us back in May of 2019, and, yes, the shooting war that they have been preparing for inexorably and which could be upon us at any time. And last point, which is really exciting, is we have barely had a conversation in this country about the fact that the Defense Department of the United States had better be structured, equipped, trained, and prepared to contend with something that I submit to you, they are not any of those things right now, and that is dealing with multiple divisions of Chinese People's Liberation army personnel in America right now. How exciting is that? Ladies and gentlemen, we need to work it. Thank you.

Natalie Winters (13:09)

You guys definitely were wonderful guests, I will give you that. I think I hear Stephen K. Bannon is back, so I assume he'll be taking over in B block. I know we are getting ready at some point, too, for President Trump to speak down in Miami, which we will be tossing to live, not just for you guys or for the audience at home as well. But before we jump to break, I think you guys are so correct, right? The idea of waste, fraud and abuse, but I think that's almost too euphemistic, right? It's its weaponization of government against the American people. Speaking of the Pentagon, it was less than a week after Russia invaded Ukraine that they launched the Influence and Perception Management Office coming out of the Pentagon, which was responsible for weaponizing propaganda not just internationally, but domestically here at home. I think we got to send DOGE right to that agency. And I had been looking, too, at the MIS and disinformation grants coming out of all the various agencies. And there, I remember there were about a thousand of them, a little over a thousand. And if you itemize them from when they were started, 98.6 of them began after President Trump was elected and sworn in. If there's not a more telling statistic, the idea that misinformation is and always has been an astroturfed campaign to come after this movement and silence the actual truth. People like you guys, what you were just talking about that I don't know what other evidence you could point to. 98.6% of grants dedicated to combating misinformation starting after President Trump was sworn in. And 85.7% of them happened under Joe Biden. Right. We will be back. I think Stephen K. Bannon will assume his rightful role as host. And I think you guys made the cut. You'll get to stay on. We'll be right back after this short break.

Steve Bannon (15:00)

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Stephen K. Bannon (16:40)

Here's your host, Stephen K. Bannon.

Steve Bannon (16:45)

Thank you. Welcome back to the War Room. Have we had. Is Derek Harvey or is Derek Harvey Derek. Colonel Harvey speak. Where's Colonel Harvey? Where's Derek Harvey? Oh, well, we had Colonel Harvey here to talk about the deep state. Have we guys, have we had the debate? You got your mic there? You have. Okay, hang on. We're here in the war room for the Force Multiplier event. Well, tell the audience President Trump is at Doral. I think we're going to be going to Doral to pick up President Trump's comments momentarily.

Stephen K. Bannon (17:24)

Can we do a.

Steve Bannon (17:25)

This is the. This is the same crowd that was here at 8:30 this morning. Right? These are the workers. I'm just kidding. We had a tremendous. I want to thank Real America's voice, Parker and Rob Sig, of course. Harry, our producer. Harry goes everywhere with us. Cameron, our content producer, the troops of the War room, parents from Real America's Voice so. And they can set this thing up. Amazingly late last night, Bolsonaro, I stepped next door because Ed Warder is here and the point I wanted to make next door was that we're at war. They indicted President Bolsonaro yesterday with coup d'etat for contesting a stolen election.

Stephen K. Bannon (18:14)

Right.

Steve Bannon (18:14)

40 years in prison. And you know why? Because he's, he's winning in the polls on the rematch. Just like they had the Korean, they had the South Korean. They've had a coup there by the Chinese Communist Party. President Yoon is, is, you know, they've had a coup there. They want to put him in prison. President trump from the J6, from the J6 committee, when they, they gave the, the information over to Jack Smith, Jack Smith's indictments, it was 350 years in prison for President Trump. They wanted to imprison President Trump and just remember the work you did to guarantee and to make sure he had that victory in November is that they were going to give a superseding indictment the next day on President Trump. That's that whole report to expedite President Trump on conspiracy charges, insurrection charges. They wanted. Their number one objective was for Donald J. Trump, the man you're going to see in a minute from Doral, that's the President of the United States. To die in a federal prison. To die in a federal prison. These people are at war with us. This is why right now, the first 30 days have been amazing. Do you think, have you looked at their long faces on msnbc? Do you think they like what we're doing to them? Do they think we like, they like what we're doing to the administrative state or to the deep state?

Brian Kennedy (19:42)

No.

Steve Bannon (19:43)

And they still have immense power, they have immense resources, they have immense cunning. And because they're the children of Satan, right? They're demonic purely. If you didn't think they were demonic, if you're just a regular, everyday American that just look at what they did to the country in four years. Look at what they turned to the schools. Look at this transgender radical, transgender ideology. It's not just men and girls sports. Look at the radical nature of everything they attempt to do. This is why it's providential that they stole the election. Because then you could see then average Americans who don't pay the low information voters who don't pay a lot of attention can say, that is not my country, that is not the United States of America. And I don't know about all this stuff, but I want Trump. And that's why they back Trump. And that's why Trump got 39% of African American men. Right? It's a new day that's gone here in Starr County. Starr County, Texas, is 97% Hispanic. It's hard Scrabble. It's tough to make it living down there. Hillary Clinton won it by 60%. Trump won it this time by 16%. Hispanic citizens, Hispanic Americans are coming our way. You know why? They see these people are. They're naturally socially conservative. All we have to do is reach out to them on the economics. We reach out to them on the economics. We've built a coalition. You add the make America healthy again. You add those red pill mothers from the, from the shutdown. This is a coalition bigger than 1932. And people say, well, it's so diverse, Steve. You got all these oligarchs, you got these crypto bros. I said, yo, Roosevelt had, you know, KKK guys in the South. He had the Harvard faculty, he had Wall street operators, he had ranchers out west. And they, they ruled the country for 50 years. They kept a coalition together. That's what President Trump's doing. And we're not going to love it all. We're not going to love it all, but we're going to love enough of it to keep driving forward and to make it better and better and better and better. Steve, I got Gaffney and Brian up here, two of the smartest guys I know. President Trump, I mean, he has totally flipped the geostrategic nature of the country on its head. He's talking a naval strategy from the Panama Canal to Greenland to Arctic, right? Block off the Soviet submarine, the Russian submarines coming down through Greenland go to the third island chain, the first island chain in the Pacific, that vast desert of the Pacific. You have hermetically sealed the United States. You add in an iron dome, Boom. It is the Monroe Doctrine 2.0. It's what James Monroe and our founders always thought of America as an island of sanity and safety. And then we can pick and choose where we go throughout the world. President Trump then sits there and goes, guess what? We have an opportunity to beat our swords into plowshares. Of course, Frank Gaffney has a stroke, right? He's calling me. What is Trump talking about? I got a debate. Give me somebody to debate. We'll do that in a second. We'll get one more point. But my point is Trump is totally changing that dynamic. Look in Riyadh, what do they do? All of a sudden, we make that deal with the Russians and flip them against the Chinese Communist Party. All of a sudden, you don't have the burning problems on the Eurasian landmass. Yes, I understand. We can't trust the kgb. This is going to take years to do, but his thinking is next level. Now, I still don't totally understand the condos in Gaza, but hey, Trump's rolling, baby. Just tell me. Just go with it, right? I don't know. Just go with it. He's been right on so many things. Who knows? Been talking about Greenland forever. Frank Gaffney, why are you apoplectic when President Trump says I'm going to cut the defense budget? I'm going to cut the defense budget by 50% because I'm going to make a deal with Putin and we're going to beat our swords in the plowshares. I think, as the Old Testament tells us, right, swords. And did it work out in the Old Testament like that? I don't think, I think the swords won, but I like the thought. Why do you have conniptions, sir?

Frank Gaffney (24:26)

The simple reason is this. I spent almost all of my professional life working against addled minded arms control. And the idea you're going to get into one process, as they call it, with the Russians and the Chinese, where they're going to actually agree to cut their military by half. Ain't going to happen. But what could begin happening, and I've seen it again and again and again, is it immediately starts constricting us. So I've got a better idea and it's one you've talked about a lot on the program and our committee on the present danger. China has been all about, how about this? How about we cut the bad guys defense expenditures but not ours? Could we do that? Well, not through an arms control process, that's for sure. But how about we just stop underwriting the enemy? How about we stop giving your money. Amen. To the bad guys to build weapons to kill us. We can do that today, Brian. The president could make it happen.

Steve Bannon (25:44)

Brian Kennedy, rebuttal.

Brian Kennedy (25:47)

Not so much a rebuttal. Not so much a rebuttal as a to amplify something the President said, which I think is the most important point he's made on national security. He talks about an iron dome because you know about the iron dome that's in Israel. He wants to make sure we're defended from ballistic missile attack from Russia, China and Iran today, right now, if Russia, China or Iran launched a nuclear ballistic missile at us, we could not stop it. Washington could be decapitated. They might evacuate Washington, they might evacuate the leaders, our political betters to some special spot. But all of us would be dead. President Trump knows that you need a national missile defense. You have a window to get it right. It's a very short window to get it right. But I guarantee you this, the Russians and the Chinese do not take him seriously until that missile defense can be built. You look at some of his top theorists and strategists that he's put in the Defense Department, some of them are very good people, but not all of them are for a national missile defense. To be clear, he is great. Finally we have a president who is going to get this done in a very short period of time. We get that done, we can do peace deals all throughout the world. If we don't do that, no superpower will take us seriously, period.

Steve Bannon (27:23)

Okay, great. We're not going to go drow yet. We're going to take a short commercial break here in a second. We have two honored guests. Spencer Morrison is the new Peter Navarro. It's about reassuring and about tariffs. President Trump, he doesn't think of his tariffs. He thinks as a geo economic rethinking of this country in the economic model. I believe President Trump one day sees at least a third of revenue come from external revenue. Right. Not just on the backs of the American companies, American entrepreneurs and American citizens. It's radical. Spencer has forgotten more about tariffs than just about anybody know ever has understood. And he understands the simple fact it's not a tax and it's not a tax on consumers which are trying to scaremonger. And Colonel Derek Harvey is still here. Colonel Harvey is one of the leaders in President Trump's White House the first time to make sure he kept us out of trouble. An absolute hero, he is an expert on the deep state. So we're getting back. Both of them take a short commercial break. Let's hear it for this crowd. You guys are amazing. Nine hours and you're still going. Short break. Back at National Harvard, Gaylord Hotel. CPAC next. How well do you sleep at night? Real peace of mind comes from knowing your family is prepared for tough times. My Patriot supply, America's most trusted name in emergency preparedness. Let me repeat that. My Patriot Supply is America's most trusted name in emergency preparedness. They're offering a limited time discount on their super size mega 3 month emergency food kit. This isn't your typical survival food. Each kit provides over 2,500 calories daily for 90 days with delicious meals and extras including chicken, beef, fruits and veggies. We're talking quality meals that last up to 25 years in storage and still taste like they're home cooked. The pandemic taught us how quickly store Shelves can empty. Remember that. Don't wait for the next crisis. Get ahead of it. Your mega emergency food kit includes free shipping, a disaster replacement warranty, and 247 US based customer support. This special discount is available for this week only. Visit mypagerotsupply.com now to secure your family's future with a 250 buck discount. If you order by 3pm they'll ship your order within the same day. So you have peace of mind right away. Go to my patriotsupply.com and I guarantee you you will sleep better at night knowing you're ahead of the problem. Health isn't just a personal issue. It's a family issue, a community issue. We're living in unpredictable times. Supply chains can break down, hospitals can get overwhelmed. And let's not even start on the natural disasters. These aren't hypotheticals. They're happening. You see it here in the war room and we all know it. The question is simply, are you ready? That's where Jace comes in. This isn't just a kit. This is a Jace case. It's a lifeline. It's a personal supply of prescribed emergency medications that puts the power back in your hands. Whether it's an unexpected illness or a global disruption of supply chains, you can act fast and protect yourself and your loved ones. This February, show them you care in a way that really matters. Be prepared. Get the Jace case today so you'll have the right meds on hand the moment you need them. Visit jacemedical.com and use the code Bannon B A N N O N at checkout for a discount on your order. That's jacemedical.com promo code Bannon. Get the Jace case and do it today.

Stephen K. Bannon (31:12)

Here's your host, Stephen K. Bann.

Steve Bannon (31:18)

Yeah.

Brian Kennedy (31:22)

No, we have a part.

Steve Bannon (31:23)

We're going to have a party and somebody in the audience goes, is that a Raheem's restaurant? Because this is what Raheem's become. He's like a restaurateur now. Raheem, love you. Love you, brother. Colonel Derek Harvey joins us. Colonel Harvey, I've known, I've had the honor of knowing this individual about 10 years, one of the greatest patriots I've ever met, a man that's put on the line many times for his country in uniform in the army, particularly in the wars in Iraq and Afghanistan, and really put it on the line in the White House. If people had listened to Colonel Harvey, President Trump would have never been impeached the first time Colonel Harvey, his guys had it that wired and because why they know the deep state. Colonel, we're pressed for time, but if you give us I know you're fighting this. If you give us five, six, seven minutes on the deep state and President Trump's effort and his team that are set up to try to take it down, sir.

Brian Kennedy (32:17)

Okay, thanks, Steve. Really appreciate it.

Steve Bannon (32:19)

And shout out to everyone here who's on team with President Trump. And one thing I like about what.

Brian Kennedy (32:25)

President Trump is doing is he is coming in bold, taking action and moving fast, keeping the enemy off guard.

Steve Bannon (32:33)

And I'll use the term the enemy.

Brian Kennedy (32:34)

Because the deep state, call it what you will, the administrative state, the bureaucrats, they are overwhelmingly aligned with the movement of the leftist Democrats.

Steve Bannon (32:47)

That's what we find in there. And when we first went in in.

Frank Gaffney (32:51)

Trump 45, they were very bold on.

Brian Kennedy (32:54)

The other side about what they were doing. They were leaking classified information.

Steve Bannon (33:00)

Hang on. We just had the presidents coming in live from Doral. Let's cut to that on the two screens. We're come back to Derek Carvey on his discussion the deep state here in a moment. Let's go ahead and throw it up on the screens.

Stephen K. Bannon (33:22)

Every American heart and it's time we stand and say that I'm proud to be an American where at least I know I'm free and I won't forget the men who died who gave that.

Steve Bannon (33:42)

Life to me and I gladly stand.

Stephen K. Bannon (33:45)

Up next to you and defend her.

Steve Bannon (33:49)

Still today Cause there ain't no doubt I love this land God bless the USA and about to be an American wearing these angle I'm free and I won't forget the men who died who.

Stephen K. Bannon (34:15)

Gave that life to me and I gladly stand up next to you and.

Steve Bannon (34:23)

Defend her still today Cuz there ain't no doubt I love this land God best for you.

Stephen K. Bannon (34:43)

Thank you very much. What a great group this is. You have to see outside. It's going wild outside. With a lot of love for all of us, I guess. But thank you, Richard, for the introduction and thank you to all for such a warm welcome. It's great to be back in beautiful Miami where I've actually built a lot of great buildings with the Deser family and some others. We've had tremendous success in Miami. We have Trump Towers and Sunny Isles Beach. It's four beautiful buildings right on the ocean. The Trump Grande put the little E in the end for a little class it up a little bit. Trump Grande and the 700 acre Doral. It's a tremendous country club and it's actually the most successful country club in the US where I was just given approval to build 1500 units, and I couldn't care less about building units. When you're president, who the hell wants to build units? I've been building units all my life. I don't want to build units, but they gave us permission to do it. But today is a tremendous honor. Become the first American president to address the Future Investment Initiative Institute. That's the first one. That's very. It's always known. And I want to thank Mayor of Miami, Francis Suarez for being here. Thank you very much, Francis, wherever you may be. Hi, Francis. And thank you for the endorsement. When I ran, I was very appreciative, along with the mayor of Miami Beach, Stephen Minor. Stephen, thank you very much. Thank you. Thank you. Thank you, Stephen. Thank you very much. And numerous American business leaders, some of the biggest business leaders, actually, anywhere in the world. And many distinguished guests from the Middle east. And in particular, the Kingdom of Saudi Arabia, a special place with special leaders and including FII Institute Chairman and governor of the Public Investment Fund, which is a seriously big fund. Yasser, I see you there. Stand up, Yasser. Everyone knows Yasser. Thank you. Great guy. Great, great person. And Finance Minister Mohammed. Thank you very much. Thank you. Right. Thank you very much. Good to see you again. That's pretty good. Finance Minister of that part of the world. That's not bad. Other parts of the world, not so good, but that one is good. And many other senior government leaders. I also want to recognize the kingdom's ambassador to the United States, Her Royal Highness, Princess Rima. Ooh, Very popular, very popular, Very popular. Wow, that's very nice. Sitting next to Elon. Wow, that's. You couldn't do better than that, huh? As well as my own special envoy to the Middle east who's really done a fantastic job, Steve Witkoff. Thank you, Steve. He's been busy. And Michael Waltz is here. Where is Michael? Michael's been so busy. They've been going back and forth and back. And a woman who is just voted the most powerful woman anywhere in the world. No, I'll go with. I'm going to go with Princess Rhema. But she was voted the most powerful woman anywhere in the world, Susie Wiles. Thank you. Thank you. Most powerful woman. That's pretty good. We have to talk to you about that, Susie. It's pretty good. And also, we all know Jared Kushner, a very special guy. Thank you, Jared. Thank you, Jared. And Elon Musk, he's been making a little news lately, hasn't he though very positive news. Stand up, Elon. He's a great guy. We did a little show last night. I heard they got very good ratings too. By the way, we did Hannity. Sean Hannity is fantastic, a fantastic man, a fantastic guy. And he did a show and it was great being on the show with you last night. I come today with a simple message for business leaders from all across the nation and all around the world. If you want to build the future, push boundaries, unleash breakthroughs, transform industries and make a fortune, because you want to make a fortune. Most of you have already made a fortune. I don't want to say that there's no better place on earth than the current and future United States of America under a certain president named Donald J. Trump. I think that you're going to do very well. They're saying that November 5th, election day 2024, will go down as one of the most important days in the history of our country. They said in 129 years, the most consequential election. I don't know if they're right about that or not, but it sounds good. I wanted to see if I could get a couple of more years tacked on, but I figured the fight wasn't really worth it. 129 is a lot. And as of January 20, 2025, the dark days of high taxes, crushing regulations, rampant inflation, flagrant corruption, government weaponization. Oh, I know about weaponization. And total incompetence will be gone forever. They'll be gone forever because the United States is back and open for business and the golden age of America has officially begun. You see it happening. Since my election, America's economic engines have come roaring back to life in just a very short period of time. Think of it. From November 5, the progress that's been made has been amazing. The NASDAQ is up nearly 10% in just a few months. And that's a lot. The Dow Jones industrial average is up 2,200 points and Bitcoin has set multiple all time record highs. Because everyone knows that I'm committed to making America the crypto capital. We want to stay. We want to stay at the forefront of everything. And one of them is crypto. And Miami seems to be the center of the action, come to think of it. And maybe it'll stay there. Business optimism skyrocketed. 42 points. Think of that. In a single month, the most in history by far. That's the biggest increase in history by not even close. The ISM index of manufacturing activity surged into positive territory for the first time in many years. Amazing. And it was just announced. This is an interesting one. I didn't realize it was that bad for so long. But it was just announced by one of the nation's most historically accurate and respected pollsters, Rasmussen, that the number of Americans who believe our country is on the right track now exceeds those who think it's heading in the wrong direction for the first time in 20 years. Can you believe that? 20 years. And this is really a seismic 27 point swing from just before the election. That's. Nobody's ever seen anything like that one. Yes, sir. I want to tell you that's a big one. The best and most successful business leaders on earth are now racing to invest in the United States. Since November, DMACC has announced plans to invest $40 billion in the US creating at least 10,000 jobs. Software bank has announced investments of between 100 and $200 billion, creating at least 100,000American jobs. Oracle and OpenAI and SoftBank are now collectively committing 500 billion to keep the United States on the cutting edge of artificial intelligence. And so many more. I mean, so many companies that want to come to the White House and have a little news conference all the time. I said why don't you just announce it? But they want to come and I'll do that. I don't mind doing that. I say anytime they want to go $10 billion or more, I'm there. $10 billion or more. But on his recent visit to the White House, the Prime Minister of Japan announced he anticipates Japanese investment in the United States of well over a trillion dollars. And we're working on an Alaska pipeline already which is the closest point to Asia. And as you know, the anwr, which we've started, Ronald Reagan couldn't get it approved. Nobody could get it approved for so many years. Couldn't get it approved. I got it approved, actually, I got it approved twice. I got it approved and Biden ended it. That was a shocker. But we just got it approved again and we're going to be. It's probably the largest deposit maybe anywhere in the world just by itself. It's, they say of similar size to Saudi Arabia. So we hope that's correct. But all of this is only happening because of the world changing results of the 2024 election. We won the House, we won the Senate, the White House and the Electoral College and the popular vote in a landslide. We also won all seven swing states and all 50 states shifted in the Republican direction for the first time ever. So every state, every single state of the 50 states shifted Republican. It's never happened before. Either way, it's never happened. And 85% of counties voted for Trump. Think of that. So you have 2,600 counties versus 525, 2,600. Think of that. That's why when you look at the election map, after it was all done, the certified map, the whole thing was red, 2,600 versus 500. It's a big, big difference. Nobody's seen anything like it, actually. So as a result of this very historic victory, investors from all over the planet once again have confidence in America's future and respect for America's leaders. And it's about time we get a little respect. The last administration was the worst and most incompetent in the history of our country. But we are moving quickly to fix every sing disaster Joe Biden created and make America stronger and more prosperous than ever before. Our first and most urgent mission is to remove the criminals that Biden allowed into our country with the ridiculous and very dangerous open borders policy. They came from all over the world. They came from prisons and jails, they came from mental institutions and insane asylums. They were gang members, they were drug lords, they came from all over and they were allowed to come into our country. And we're getting them out in record levels, just like they came in in record levels. I want to thank Tom Holman and Christy, who is just doing, she's doing a fantastic job, Governor of South Dakota and Tom Holman, you know, they are doing a fantastic job and the results are incredible. And every country is taking them back. They're sending their criminals to us and they're all taking them back. We had a little problem with a couple of them that ended very quickly. And Kusum said, we don't really want MS.13 back in our country. But I said, congratulations, you're taking them back. And they take them back. And by the way, Europe and other places ought to start also doing that. They better start looking at immigration because it's really hurting Europe very, very badly. And they better get smart and they better get tough before it's too late. We're also working to end the highest inflation in our country's history, all caused because they played with our energy policy and wasted money on the green news scam and other things such as that. And they wasted monies at, at never seen before levels. If Joe Biden had simply held federal spending at the pre pandemic levels we had in 2019, we right now we would have virtually no inflation. We're trying to balance the budget immediately. And because of the tariff income, which is really. It's already turned out to be amazing, actually. It's really meant more for bringing countries and companies into our country. But it's. The numbers are rather staggering because we're the big piggy bank that everybody wants to be, and they can play games and they can say, well, there'll be retribution and, you know, equal this and that, but they can't be equal. But we want to keep it so that we're the big piggy bank. And if we had years like we did the last four years, that wouldn't be. Have lasted too long. We're not promising it, but, you know, all of these things could happen. We hope to balance our budget. So I don't want to promise it, because if I do and we come about $10 short, the fake news media back there would say, we have breaking news. He did not make it. He did not make it. But we'll get it done very soon. It might not be this year, but it could be this year. Actually, we have a chance at getting it even this year, which people would be shocked at, because they were talking about 10 years, 15 years, 20 years from now. When I took office last month, we inherited the consequences of inflation. That was more than four times what it was when I left four years ago. Think of that. I left, it was at 1.4% and the annual government spending over $1.5 trillion more than projected in 2020 alone. $1.5 trillion. But under the Trump administration, all of that is changing faster and more dramatically than anyone ever thought possible. They didn't think it was possible to do what we've done in just a very short period of time. We've accomplished more in four weeks than most administrations accomplish in four years. On my first day in office, I imposed an immediate federal hiring freeze, a federal regulation freeze, and a foreign aid freeze. I signed an order creating the Department of Government Efficiency and put a man named Elon Musk in charge. Thank you, Elon, for doing it. Thank you very much. And he's doing a great job. I wish you could have seen him last night. It's really, you know, he's a very committed person. He's a very serious person, and he's a very high IQ people. You know, I like high IQ people. Not all have to be, but, you know, it'd be nice to have some people up there that he's a seriously high IQ individual. Now he's got his Faults also, I will tell you that, but not too many of them, which is now really waging war on government waste, fraud and abuse. And they're curbing inflation and saving taxpayers billions and billions of dollars every single day. And there's even under consideration a new concept where we give 20% of the doge savings to American citizens and 20% goes to paying down debt. Because the numbers are incredible, Elon. So many billions of dollars. Billions, Hundreds of billions. And we're thinking about giving 20% back to the American citizens and 20% down to pay back debt. And pay down debt, which is, if you look at value, if it were a real estate balance sheet, the debt is tiny. But we still. We still want to pay it down. Doesn't matter. We don't look at it as a piece of real estate. It's America. We're going to get it down through intelligence, hard work, and, as Elon said, a word called caring. You have to care. By doing this, Americans will tell us where there's waste. They'll be reporting it themselves. They participate in the process of saving money. So many of the men and women in this room, as an example, they pay tremendous amounts of taxes. And here are just a few examples of where your money was going before I came along. These are just some of the. Just taken at random. Oh, there are much worse examples than this. I was just looking at them before the speech, and I can tell you they were much worse. And there are some that are horrible, but I don't want to really say them because they're very, very embarrassing to people. Very, very embarrassing. And they're really something. But you'll be seeing it and you will be reading about it. But just some. Taking a random $2 million for sex change operations in Guatemala, $20 million for Sesame street performances in Iraq, 20 million. That's a lot of money. You know, I know what it costs to do those things. You get a cast over for 50,000, give them a couple of bucks. Tip. That's it. Not 20 million. 20 million. That's. That's Gone with the Wind on steroids. $101 million for 29 diversity, equity and inclusion contracts at the Department of Education. Wow. And we've also canceled. We've canceled all of these, saved all of this money. And again, this is just a small sample. This could go on. I could read them all day. $520 million for a consultant. I want to know who is that consultant to do ESG. That's environmental, social and governance investments in Africa, $25 million to promote biodiversity conservation and licit livelihoods by developing socially responsible behavior in Colombia. $40 million to improve the social and economic inclusion of sedentary migrants. Nobody knows what that even means. None of this stuff. Nobody. Everyone's trying to figure out what the hell does it all mean? $42 million for social and behavior changes in Uganda. 40 million is a lot of newspaper ads in Uganda. $70 million for research of evidence based solutions for development challenges. $10 million for Mozambique Medical male circumcision. What is that? What does that mean? $2.3 million for strengthening independent voices in Cambodia. $14 million for improving public procurement in Serbia. $486 million to the consortium for Elections and Political process strengthening, including $22 million for inclusion inclusive participatory political process in Moldova and $21 million for voter turnout in India. What do we need to spend? 21 million for voter turnout in India. Wow, $21 million. I guess they were trying to get somebody else elected. Well, we ought to tell the Indian government because when we hear that Russia spent about $2 in our country, it was a big deal, right? They took some Internet ads for $2,000. This is a total breakthrough. $21 million for India elections, $29 million to strengthen the political landscape in Bangladesh, $20 million for fiscal federalism and $19 million in addition to the $21 million for biodiversity conversion in Nepal. $1.5 million for voter confidence in Liberia. We need voter confidence too. When you Read this list. $14 million for social cohesion in Mali. $2.5 million for inclusive democracies in South Africa. $47 million for improving learning outcomes in Asia. Asia is doing very well. We don't need to give them money. And in another program, $50 million plus another $50 million for condoms for Hamas. You know about that? $100 million for condoms. Condoms. Does everybody know what a condom is for Hamas? $100 million. And these are just. I could read this list all day long. I just don't want to bore you, but these are just some and not nearly as bad as others. And some are just. I just don't want to say them because they're too incendiary. We're also finding tremendous abuse, waste and fraud. And Social Security. Social Security is what's happening. There is going to be one of the great potential scandals in history. On the program, There are over 4.7 million Social Security numbers from people from 100 years old to 109. Think of that now. Over 100. There aren't a Lot of people that make it. Hopefully most of the people in this room will make it. But historically you don't have thousands and thousands of people. But Listen to this. 3.6 million people are on Social Security rolls from the age of 110 years old to 119. Do you think there are really that many? Those people are seriously old. But it gets worse. 3.47 million. 3.47 million people are on Social Security from the age of 120 years old to 129 years old. 3.9 million people are on the age of Social Security from 130 years old to 139 years old. Now the all time record I heard is a woman who was 100. She was 127 years old. That's the record. A woman from a certain country where they have actually people that live pretty long actually. And she was 127 years old. That's pretty old. But we're topping her by millions. Millions of people. 3.5 million people from the age 140 to 149 years old. 1.3 million people are on Social Security from the age 150 to 159. And over 130,000 people are on Social Security over the age of 160 years old. Okay, including 1039 people. Think of it. Over 1000 people between the ages of 220 to 229. And one person between the age of 240.

Steve Bannon (58:05)

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