
Episode 4300: Keir Makes His Plea To Trump At The White House; Witnessing A Judicial Insurrection ...
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Stephen K. Bannon
About 30 seconds left. But I do want to ask you.
Brian Glenn
About the response you're hearing from your.
Stephen K. Bannon
Fellow journalists with Trump and the White House now dictating which journalists can access Donald Trump. Yeah, look, this is a big deal. I understand that a lot of Americans probably don't care too much and don't feel sorry for reporters when they shouldn't. It's not about us, it's about them in a way. Because what's happening now is the President, United States is saying for the first time in generations that he gets to decide who is inside the pool that gets closest to him in terms of asking questions. That's never been in my lifetime anyway. I've been covering this going back to 1996. The prerogative of a president, Republican or Democrat. Now he's saying he chooses. And if he doesn't like your coverage, they've made very clear. And barring the Associated Press, you could be expelled from that pool. So now we have a government organized, government run, government controlled press pool. And that's an issue of great concern, not just to mainstream publications, but to publications on the left and right which have a lot of stake as well. It is very concerning. And, you know, again, one more indication.
E.J. Antoni
Of where this administration under Trump's leadership wants to head.
Brian Glenn
You just talked about how important the.
Josh Hammer
Work that Elon Musk is doing is.
Brian Glenn
If you pass a continuing resolution, won't.
Josh Hammer
That just refund all the programs that.
Brian Glenn
He says he's cutting that are full of waste, fraud and abuse?
Stephen K. Bannon
No.
Brian Glenn
Look, you can.
Stephen K. Bannon
That's why I say you add anomalies to a cr.
Brian Glenn
You can increase some spending, you can.
Stephen K. Bannon
Decrease some spending, you can add language that, that says, for example, the dramatic.
Brian Glenn
Changes that have been made to USAID would be reflected in the ongoing spending. It would be a clean CR mostly, I think, but with some of those changes to adapt to the new realities here.
Stephen K. Bannon
And the new reality is less government.
Brian Glenn
More efficiency, better return for the taxpayers.
Stephen K. Bannon
And I think that's something everybody should welcome. This is the primal scream of a dying regime. Pray for our enemies, because we're going medieval on these people. You're just not going to 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.
Brian Glenn
And where do people like that go.
Stephen K. Bannon
To share the big lie?
Brian Glenn
MAGA media I wish in my soul, I wish that any of these people had a conscience.
Stephen K. Bannon
Ask yourself, what is my task and what is my purpose? If that answer is to save my country, this country will be saved. War Room here's your host, Stephen k. Banner. Thursday, 27th February, year of our Lord 2025. You're in the war room. A lot going on in the White House today on Capitol Hill throughout the country. President Trump just put out a true social talking about the tariffs that are going to come next week to Mexico and Canada, specifically talked in Mexico about the fentanyl, about the war with the cartels, all of it big. Another big day at the White House Day, Sir Keir Starmer, the prime minister of the United Kingdom, arrives and there'll be a lot of talk about the NATO, a lot of talk about the follow on visit the next day, Ukraine, the Ukrainian war, particularly bringing peace to that part of the world. Also the rapprochement of the United States and Russia, all of it. The president, I think, is also going to sign some executive orders. So another packed day. Brian Glenn joins us. Brian, you're up at the you spent the part of the day on Capitol Hill, obviously, and I'll get back to it in a second. You saw Kaitlan Collins and Speaker Johnson finally talking about what War Room's been talking about for months, the 14th of March deadline in this end of year. CR we'll drill down more in a second, Brian. The schedule of events today, Sir Keir and the British come in the afternoon. Walk us through what's going on at the White House.
E.J. Antoni
Yeah, good morning, Steve. A little bit later this morning, Stommer in the press from the UK make their arrival here just outside the West Wing. They'll meet briefly with the president. And then at about 12:20, they'll have a bilateral meeting in the Oval Office. And then a little bit later at 2 o'clock, they'll have a much bigger press conference in the East Room. And from what I understand, a lot of the focus, Steve, is on Ukraine. And obviously Starmer is very much for US Support as far as providing security aid after the ceasefire, if you will, the ending of this war. And of course, President Trump has not guaranteed that. And of course they'll talk about mineral rights and all kinds of stuff, maybe even tariffs, as that seems to be hitting the headlines this morning. So it'll be a busy day here. And you know What, Steve? We're 38, 40 days in this administration and we've seen just about everyone, heads of state come through here.
Stephen K. Bannon
Well, Sir Keir is going to be there for number one, he's committed 30, I think 30,000 combat troops are to a peacekeeping force that's essentially three, roughly three divisions. The British don't have it. They don't have the finances to underwrite it. They don't really have the troops to do that. So he's a lot of big talk, just like Boris Johnson was. The British have been big talkers in this Ukraine war and some of the reasons such terrible destruction. President Trump's pretty adamant about the mineral deal tomorrow. There's no American security guarantee. This absolutely central. If you look at the deal, there's no American investment. There may be some companies come over there, but no US Government direct investment and no security guarantee, Sir. Keir, you're 100% correct. Brian is going to be there to try, just like Macron the other day, as Macron tried to confuse the situation, try to talk President Trump into being part of some peacekeeping force or backup. President Trump's response yesterday, Brian, as you know, was saying, hey, if American companies are over there, that'll be a security guarantee. Enough kind of implied that the US Would step in if there's any problems. So those are all huge issues in the Cabinet Room yesterday. He threw down that the eu, which the British broke off with from Brexit. He says the EU was set up to challenge the United States to cause problems for the United States. And he says, listen, I'm thinking about a 25% tariff on all the goods that come from the EU that would. Obviously, Great Britain's not part of that. But President Trump reiterated this morning, Brian, on a true social that. And I think next Tuesday is when he's going to do the State of the Union also, or the first time is kind of the update on where the country is not officially a state of the union. But, but President Trump said, hey, unless Mexico steps up to the plate, the 25% tariffs are going in. And he's not happy where discussions with Canada are going. Any thoughts on that, sir?
E.J. Antoni
Yeah, no, you're right. And, you know, I think these. He's playing once again, leadership. It's not, he's not threatening. He's just saying, hey, look, this is what's going to happen. And also, you can add 10% on top of that, Steve, to China. He's going to impose an additional 10% of already the 10% on China. So I do want to make a mention Zelinsky will be here tomorrow. So that should be interesting. We'll see as he comes at the end of the week, does he sign the minerals deal, did we get that done? What do the talks look like after today? When, when, when he leaves so much at this White House, so much going on.
Stephen K. Bannon
I hope Brian, you know the president pretty well. He's a great deal guy. He says hey, he lives for deals. He's done deals all his life. I hope a condition precedent for Zelensky being allowed in the United States is that the deal is either signed or going to be signed. I hope it's no happy talk and he's going to try to pull which he's already trying to pull a bunch of other conditions. But I think Zelinsky is here should consider himself be lucky to be here as we're no fan and I would consider tomorrow he signs this deal, it's ritual humiliation, let's say Brian, you're so Sir Keir. Sir Keir shows up right afternoon Real America's voice be covered in live. As you know, we wait for the, the, the dignitaries to show up on the West Wing. There'll be a color guard secure be there looks like 1220, some sort of bilateral meeting called a bilat in the Oval Office. I'm sure the press, the president will make time for a press avail today. Brian, if you're in there, I know you're toss a question. Then later at 2 o'clock there'll be a joint press conference. So this is a relatively short meeting as they've got it. I think the president, I'm not saying he's doing this out of courtesy, but he's kind of heard these pitches before. He wants to, you know, re establish. We are, they are our, you know, we have a special relationship and next to France, one of our oldest allies and obviously most important allies in the 20th century. But it's going to be a, looks like a relatively quick meet. I think we'll get plenty of access to the president today. And Brian Glenn, we hope you keep your streak running that you're the first guy called, your first person called in the, in the East Room. Just hey, I'm not, you know, you're on DiMaggio streaks. Not that we're counting, not that we're noticing. Right. Somebody get Rob Sig on the phone.
E.J. Antoni
So there's no.
Stephen K. Bannon
About this press conference.
E.J. Antoni
Yeah. And there's no better Vegas on that. There's no, there's no prop line. There's no prop line in Vegas on that as well. But I will say yeah, but the Oval Office, that, that meeting is only scheduled for about 20 minutes before they break. I think they're Going to have lunch and then later meet at 2:00. Now 2:00 ought to be pretty good. I love those press conferences. He'll go for probably an hour in the East Room, as he normally does. But, you know, it's interesting to think.
Stephen K. Bannon
How many world leaders, Brian. I love both of them. I love the press. I love the press avails in the. I love the press avails in the Oval. I love the, in the Cabinet. And this is why I played Peter Baker. The New York Times as the start, we can't reinforce how important is. When you see the Cabinet Room yesterday, the president going over an hour 20, you see the different types of reporters there, you see the press avail. Hopefully it'll take place in the Oval today. That press pool is now not just the mainstream media. That's attack, attack, attack, attack, attack. Give misinformation. Now it's been opened up. You got Newsmax, you got real America's Voice, you got the War Room, you've got, you know, Daily Signal, the Blaze, Breitbart, all, you know, Daily Caller. So it's opened up many to the pod, to the podcasters and everybody. I think it's a breath of fresh air. Better questions, sharper questions and questions of people that are trying to extract from President Trump information on what's happening, not just snarky attacks. And I think it's just been fantastic. Sir.
E.J. Antoni
Well, if I sent Cameron a video that maybe in the break you guys can ingest and take a look at that is the head of the WHCA on MSNBC now. He's a new host on that msnbc. He left Politico. You should play that. And that sets the tone of the why. I think Karen Levitt made that excellent idea. And the decision to remove their authority in that briefing room, it's, it's, it's comical what this gentleman, this he him.
Stephen K. Bannon
Is saying, let's play.
E.J. Antoni
I'll let you guys look at it in the break.
Stephen K. Bannon
Okay, hold it, hold it, hold it. Brian, Brian, since you've done some producing here today, it's great. Let's go and play the clip and we'll have Brian comment. He has a hard time running against Vice President Harris because she's a black woman. You remember, actually when, when he would tussle with the women that would ask him questions, our colleagues on the White House beat reporters, reporters. You know, he held his kind of most angry self for black women, right? If they asked him a question, he would have the worst things to say about them.
E.J. Antoni
So you're seeing that, right?
Josh Hammer
You can think of three.
Brian Glenn
At the top of our head.
Stephen K. Bannon
We're at the top of our head. And when he talked about Joe Biden got worse. Harris was born like that, right? That's different. That's a dog whistle to folks to say the white guy just got older and it got worse, but the black lady was born dumb. That is the kind of thing that Donald Trump is saying. And selling the folk, man, that hate coming right out there, Brian Glenn, they can't control it. The hate coming out, that's your White House. He's a new host on msnbc. I'm pretty sure he's going to join the weekend crowd and take over the kind of. Go ahead.
E.J. Antoni
Well, I can say maybe he's Boy Reed now. I don't know. Maybe they've replaced him a little bit. So Joy Reed would do Boy Reed on that. You know, we'll see how long that show lasts. No one's watching that.
Stephen K. Bannon
You know, he's one of the senior guys. He's one of the senior guys from Politico. But no, but no fan of President Trump. So that's exactly the White House. Senior White House. I think for Politico. Things are going to get a new job, new show on msnbc. So it'll be, it'll be pretty amazing. Brian Glenn, anything else? A big packed afternoon. Brian Glenn will be there. Natalie will be back here at 5 today. She's going to be reporting live from the White House. We'll get it all from her. Brian Glenn throughout the day. Brian, what's your social media?
E.J. Antoni
Yep, hit me up at, at Brian on Truth Social, at Brian Glenn TV on Instagram and X. And as always, thanks for having me on. Steve, we'll see you back here later probably tomorrow.
Stephen K. Bannon
Thank you, brother. Appreciate you. E.J. and Tony, the financial numbers, economic numbers came out, job numbers came out day. I asked E.J. and Tony, but I'm going to replay the Caitlin Collins. Finally, CNN woke up to the fact of the CR speaker of the House Johnson. A very interesting response on some of the inside baseball that's going on. We'll break all of that down next in the war room. Like I said, active day on Capitol Hill, active day on at the White House on Capitol Hill. I hope they are now focused on the work at hand. And that is a cross I've noticed. Kind of a sea change here in the last, I don't know, 24 hours. And people realize, hey, the big fight right now is to keep the government, President Trump's government open how are you actually going to do that? Because people are not enamored with the end of the year CR but there may be reasons for that. The White House, I think, is organizing their strategy to focus on that now. They got this budget resolution done for the budget resolution for the reconciliation, which is really about the taxes. And we'll talk more about that. E.J. and Tony's going to be here, Jim Rickards is going to be here. Going to get a lot into geopolitics and capital markets. President Trump. And that's why this week you had France, you had England, and you've got and you've got Zelinsky. Tomorrow. Birch Gold.com take your phone out. Birch Gold text Bannon 989898 get the ultimate guide to investing in gold and precious methods. Medals in the Age of Trump, the Era of Trump. Totally free, available to you today from the good offices of Birch Gold. Short break. Back in a moment. Have you seen the news from economists forecasting a depression? I'm not talking recession. I mean depression. By the year 2030. We're in a perfect storm as Social Security and Medicare hit a breaking point with the largest generation hitting retirement. A smaller workforce means a smaller tax base. Pair that with our growing national debt and rising cost of living and you got a problem. And I mean a big problem. So what are you going to do now to protect your family for the future? Gold is a safe haven in hard economic times. And Birch Gold makes it easy to diversify a portion of your savings into physical gold. Birchgold will help you transition an existing IRA or 401k into an IRA in gold. And it doesn't cost you a penny out of pocket. Protect your future and protect it today. Text Bannon B A N N O N to 989-898. Get your free info kit on gold and a copy of the Ultimate Gold Guide for the Trump Era. That's the Ultimate Gold Guide for Gold in the Trump Era with Forward by Donald J. Trump Jr. There's no obligation. This is only information. Birch Gold has earned the trust of countless Americans looking to safeguard their savings. You can count on them, too. Text my name, Bannon, to number 989898. Remember, the ultimate guide for Investing in Gold in the Trump Era, Forward by Don junior Birch Gold. Do it today. Here's your host, Stephen K. Band. Okay, the fight's on many fronts. We'll get to the economics in a second. But the legal and particularly the federal courts are huge. Bring in Josh Hammer. Josh and if Denver can put Up. You put up a tweet last night that had attached, I guess a ruling or a declaration from the Chief Justice. Walk us through. Can you read that? Your tweet? What did you say? What do you mean? And why is this important in this overall fight for President Trump to get his agenda implemented?
Josh Hammer
Yeah. Steve, so great to be back with you. First of all. So last night, Chief Justice John Roberts of the United States Supreme Court basically stepped in for the first time, from what I can tell, to finally swat down one of these lower court judicial insurrectionists who was trying to bring the entirety of the Trump administration to a halt. So what I put on X was I said chief Justice Roberts to lower court judicial insurrection fafo, which I'm not gonna say a bad word on Airesty, but f around find out. That's basically what it's saying there. And this is what many of us have been calling for, for weeks. So let me just kind of lay the scene briefly here. What we're seeing is not just judicial activism, Steve. I used the words very carefully there. I mean, this is a full on judicial insurrection going back to the very first days of this administration in power. By the way, those of us with a long enough memory to remember the first Trump administration, this is nothing new. So the first Trump administration from 2017 to 2021 faced by my count, I believe was 65 so called nationwide injunctions, which by the way, is more than the first 44 presidents of the United States combined, literally in all of American history face there. So they basically picked up on in January, just last month, as if they hadn't lost a beat over the past four years. So whether it's a judge in Washington state or Ohio or Washington D.C. or Florida, Hawaii, there's the notion that you can issue a tro, a temporary restraining order, and thereby try to bring a federal executive branch policy, an executive order to halt there. It's completely anathema. It's batcrap crazy. That's not how the separation of powers works. At a very fundamental 35,000 foot altitude view. The judicial power of which Article 3, Section 1, Clause 1, the Constitution speaks, Steve, is the power to render a judgment in a case, case or controversy, AKA to rule on the parties before you in court. The notion that you can then bring the entire executive branch to heel. Well, Thomas Jefferson, for instance, he famously described this in an 1804 letter to Abigail Adams as making the judiciary a despotic branch. This is what Abraham Lincoln railed on and on against. He famously, in his first inaugural address in March of 1861 said that the candid citizen must confess that he who allows the, the final decisions in constitutional law to be decided by that eminent tribunal, he's referring to the Supreme Court, but the judiciary in general. He said that that would be to basically allow us to cease to be our own rulers there. So this is all coming to a halt and it's about time that the Supreme Court finally, finally, finally swat away now this exact case that Chief Justice Roberts stepped in last night. It's from Washington D.C. it's from a district court judge by the name of Amir Ali. And the so called temporary restraining order in question basically would purport to require the Trump administration to continue the slush fund of all foreign contracts and contractors. Billions, billions of dollars when it comes to the State Department and usaid. The problem, Steve, there's a lot of problems here. There's all of what I just said. But even on these specifics here, you can't even issue a temporary restraining order when it comes to an executive order in the first place. That's actually not how administrative law works. If you want to kind of go there, you need a final agency action from, let's call it the State Department there. That didn't happen here. They're trying to sue just an executive order. So it's wrong on the actual substantive underlying law as well. But the broader point is the more important ones, I think, which is, I think, I predict and I really hope that this is going to be the beginning of a more active SCOTUS of a more active nine justices on the Supreme Court that are going to get more involved in patrolling and policing this lower court judicial insurrection, which they have every power in the world to do. The Supreme Court of the United States is the only court in the country that is literally established by the Constitution. So it's the only one that is required. All the other lower courts basically just exist at Congress's discretion there. And it's kind of implicit in that understanding there and that hierarchy and that structure that SCOTUS has the power to swat down. All of these lower court administrative stays, temporary restraining orders, preliminary injunctions, whatever legalese they wanna call it there, they can and they must get involved when these lower courts exceed their legitimate jurisdiction. The big question, and I'll end on this, the big question here is when will SCOTUS hear a direct challenge to the entire practice of these so called nationwide injunctions in the first place? These so called nationwide injunctions are completely unconstitutional. It is not part of the judicial power of Article 3, it is an illegitimate remedy there and it hamstrung the Trump administration the first time around. And I fear, Steve, my fear is that unless and until SCOTUS directly weighs in on this and the doj, the Acting Solicitor General of the United States, Sarah Harris, they can get that cert petition nicely teed up, God willing. But unless and until SCOTUS cleanly rules that the lower courts cannot do this, they cannot bring the entirety of the executive branch to a screeching halt with one puny little one paragraph order in some random judicial chambers out in Hawaii. Whatever they're. Unless and until they do that, we risk letting this whole second Trump administration get away, I fear.
Stephen K. Bannon
So as we've been looking at this in the legal front, particularly in federal courts, very, very important, we have said that they should go for ex because the front line, these radical left wing judges, and you said the beyond activists, this is a judicial insurrection. Take your number two pencil out because Josh Hammer just gave you the overall construct, a judicial insurrection by these frontline federal judges. We've already said expedite appellate review and then get on the emergency docket immediately because of the pellet review, particularly if it's in Washington D.C. you're going to lose. A lot of these appellate courts are just as bad as the frontline judges. Get on the emergency docket for the personnel issue dealing with this special counsel the Supreme Court passed. And that's why I was starting to get concerned of Mike Davis and your guys theory that the Supreme Court's going to be the, the arbiter of this and in that arbitration, that they're going to come down on the side of the Constitution and the unitary theory of the executive, which is obviously the intellectual construct that the Trump administration is doing. Why have they gotten involved in the slush funds or the money side of it? Why have they avoided taking any action at least today to my understanding on the personnel side?
Josh Hammer
Good question. I don't have a great answer to that, unfortunately. So the Hampton Dellinger litigation. So Hampton Dellinger, head of the Office of Special Counsel, Trump tries to fire him. On February 7th, the district court issues another one of these TROs, these temporary restraining orders, essentially purporting to mandate that he keep his job. On February 12th, it had a two week expiration date. The judge extended that TRO yesterday because I guess nothing matters anymore, frankly. But in those two week interim period, both the D.C. circuit and the United States Supreme Court refused to alter the tro. So they did have that opportunity. Now it's worth noting that the D.C. circuit ruling, when they heard it in that procedural posture, it was over a vociferous dissent from Judge Greg Katz, who was an excellent Trump nominee on the D.C. circuit the first time around, will probably be a SCOTUS shortlist or this time around as well. When it reached the US Supreme Court this past weekend, there were two dissenting votes. Justice Gorsuch wrote what I thought was a compelling dissent where he basically said that this entire notion of this remedy, what I was talking about, the notion that a district court can issue a so called temporary restraining order and commanding you in this case that you have to rehire Hampton Dellinger is nuts. It's absolutely nuts. So SCOTUS should have stepped in and made a substantive ruling just this past weekend. But I do think that their hand is gonna be forced here sooner rather than later there. The good news, and I agree with my colleague Mike Davis on this, is that I do think that the votes are absolutely there on the current Supreme Court to finally uphold unitary executive theory, as the left wing media likes to call it, otherwise known as just basic common sense. Right. I mean, Article 2 of the Constitution says the Executive. The executive power.
Stephen K. Bannon
Yeah, I mean, just basically the basic Constitution, right?
Josh Hammer
Yeah, exactly. I mean, Article 2 says the executive power shall be vested in a President of the United States. It's not vested in the Vice President, it's not vested in the Secretary of State, it's not vested in the dog catcher, the White House coffee boy, whatever. No, it's vested in one person and one person only there. And specifically, when it comes to Hampton Dellinger, by the way, there's a very similar parallel track litigation going on right now involving a woman by the name of Gwen Wilcox. Gwen Wilcox is a Democrat nominee to the nlrb, the National Labor Relations Board. She was fired. Very similar thing here. So whether we're talking about the Office of the Special Counsel, which is where Hampton Dellinger purports to work, or whether we're talking about the National Labor Relations Board where Gwen Wilcox purports to work, we're talking about these so called independent agencies, which is entire creature of FDR era New Deal jurisprudence. It's all fabricated, it's all made up. And specifically there's a 1935 SCOTUS precedent called Humphrey's Executor, which was the first time that the Supreme Court upheld the legitimacy of this there. But I'm pretty confident, Steve. I'm typically pessimistic about all things judicial branch related. I'm actually optimistic about this one. I really do think that there are five votes on the current court, when that case is finally heard, to directly overturn Humphrey's executor. I get a little, a little weary, a little wary about this court when it comes to kind of the so called culture war issues when it comes to sovereignty, when it comes to race, things like that there. When it comes to bread and butter, structural constitutionalism, separation of powers, federalism, that's when the John Roberts court is at its absolute best. So I actually do feel pretty confident that this is going to end up going the correct way and that Trump will be vindicated when it comes to both Hampton Dellinger and Gwen Wilcox. But it is taking a little longer than it should, frankly.
Stephen K. Bannon
Can I hold you, can I hold you through the, through the break? Because I want to ask you, I want to go back. President Trump signed an executive order the other day specifically about these independent agencies. So we come back, the two things, the reauthorizations because none of these, all the, even the Cabinet, epa, FBI, all of them are supposed to be reauthorized. I think every five or ten years. The, the military makes sure that they're never out of authorization. They do a National Defense Authorization act every year. It's, it's the reauthorizations of these. Also the independent, I mean, why did the president feel he had to go out and actually put an executive order out to basically say the independent agencies actually report to me? Hang on. I want to get the, I want to get the answer after the break because the left, if you watch TV every night, they're saying we're hurtling towards a constitutional crisis. I kind of agree with Josh. I think it's pretty straightforward. Right. We're going to get, we're going to have to slug this out at the Supreme Court. But I agree with Josh Hammer. It's pretty straightforward. It's common sense and I think a direct reading of the Constitution. Birchgold.com End of the Dollar Empire EJ is going to be here about new labor numbers that are out talking about the economy. People say it may be softening. We're going to find out the, the factors that are converging about the global economy in the economy in the United States of America and where precious metals fits in as a hedge in times of turbulence and turbulence. We're going to have Speaker Johnson on Kaitlan Collins last night kind of gave it up a little bit about the CR birchgold.com Bannon, go check it out. While we may have won this election, the fight to restore Our great nation is only beginning. Now is the time to take a stand and Patriot Mobile is leading the charge. Only America's Christian conservative wireless provider, Patriot Mobile offers a way to vote with your wallet without compromising on quality or convenience. Patriot Mobile isn't just about providing exceptional cell phone service. It's a call to action to defend our rights and our freedoms. With Patriot Mobile, you get outstanding nationwide coverage because they operate on all three major networks. If you have a cell phone service today, you can get cell phone service with Patriot Mobile with a coverage guarantee. But the difference is every dollar you spend supports the first and second Amendments, the sanctity of life in our veterans and first responders. Switching is easy. Keep your number, keep your phone or upgrade. Their 100%. US based customer service support team will help you find the perfect plan. Now. Right now, go to patriotmobile.com Bannon or call 972 Patriot. So call 972 Patriot or go to patriotmobile.com Bannon you get a free month of service. That's a free month with promo code. Bannon. Switch to Patriot Mobile today and defend freedom with every call and text you make. Visit patriotmobile.com bannon or call 972 Patriot. Remember, you get a free month service. Do it today. Here's your host, Stephen K. Ban. Okay, I get so carried away with the, with the Natalie Winters honorary. Who in the hell is Michael Ube. It's Ube Shah Bender.
Brian Glenn
Yes, sir.
Stephen K. Bannon
Is that your nom du jour? I mean, you really are spook. There's a spook here in the war room. You were recruited right off a college campus. You spent your professional career there.
Brian Glenn
I was actually I was, you know.
Stephen K. Bannon
And I went to Georgetown. But I went to Georgetown also when it was a Catholic university or barely a Catholic university, left it there, went to Georgetown, the School of Foreign Service. School of Foreign Service.
Brian Glenn
Proudly Arizona State for my, for my undergrad.
Stephen K. Bannon
Okay, Arizona, so. Oh yeah, I love Arizona State. Micro is a buddy of mine, although a huge left winger. Come back to you in a second. Philip Patrick, speaking of universities, a professor at the University of Arkansas talked to you about the end of the dollar empire. And I'm really proud of this because as you know, your staff, yourself, yours truly here, Stephen K. Bannon and the War room got together and worked on this for many years. I think we started three years ago at the end of the dollar empire. And what we want to do is make, really make capital markets and particularly debt deficits, all of it accessible to people that hadn't had a chance to go to college, but to make it at a level that was college level. And I guess the finance professor said, hey, we've read this thing and we would love to incorporate this into our curriculum.
E
Sir, it's absolutely correct. He made it, in fact, mandatory reading for his class and he asked if you and I would be happy to go and talk to his students and help educate. And quite frankly, I've had that feedback consistently from many different people talking about how educational, how informative, and specifically how it talks up to people, not down. So I would agree vehemently and, you know, it's getting the traction it deserves.
Stephen K. Bannon
Steve well, you ought to get to them. We want to definitely figure out how we can work that out and do other places too, because we're one of our big causes here is to make sure that working class and middle class folks that the finance system in our country, the political economy is understood along with the geopolitics of it. And this is why it's a good you can go to birchgold.com right now, Bannon, and get it all for free, all six installments, including the latest, which is modern monetary theory, which is a theory coming out of France that's going to blow your head up, folks. But hey, ideas have consequences. Two of the consequences we're seeing this is in this posse. We're going to make a decision here in the next week or so of where to put our effort on this, because the budget resolution last night, and we understand what President Trump is doing, he's trying to get some, some, some gap for these tax cuts. But I think the math shows, Philip, that ultimately we get up to 125 to maybe 135% of debt to total to GDP. And on the 14th, we're hurtling down like a train to the CR or to whatever's going to happen on midnight. What are your thoughts? You're pretty conservative when it comes to finance. And here we have this massive Keynesian stimulus that we still, I mean, President Trump mentioned they had want to get to a balanced budget. I want to use the doge cuts, I want to use the cabinet restructurings and I want to use tariffs. I want to use all these different elements. But he wants, he aspires to a balanced budget. But we're a long way from there, particularly with the budget resolution we signed off last night, sir.
E
Yeah, we are. And we knew this would be the biggest task from the beginning, is trying to close that gap. And as we've been seeing Trump and The team are being more than inventive, right? They're trying to come up with ways. They're looking at external revenue, they're looking at Doge, they're looking at tariffs. These are the decisions, decisions that need to be made. But it is a Herculean task to close that gap. And that's what I've always said. Look, we're going to continue to run deficits, but President Trump and the team need time to make fundamental changes to grow the economy out of it. And the big question is, will we get that time? We're going to continue to amass debt. What we're looking at with Doge, I think, is enough to mitigate the loss of revenue from the tax cuts. But I don't think it begins to close the gap. So it's going to be interesting to see how it shakes out. I think the one thing we can't have is sort of another continuing resolution. We can't lump in all this spending. We need to start working through. And like I said, closing the gap. But it is going to be a very, very difficult job. I don't think Doge alone can do it. I'm not sure tariffs will do it. So we're going to need time. That's the key. Good news is sort of borrowing rates on US Government Treasuries are dropping in this climate, so it's taking a bit of the pressure off, but it's a sign that people are moving to risk off, which means there's big economic concerns. So a lot to work through. We trust the team to do it. But the question is, are they going to get the time? That's the big one.
Stephen K. Bannon
Are those. Are those rates dropping? Because you saw the consumer confidence report that came out of the business conference had a pretty big drop. Also, Zero Hedge had a couple of great charts up about people's anticipation of inflation, where they thought inflation was going to go, not where it will go, but what they thought it was going to go. Is that making the business environment softer? Is that why rates are coming down a little bit? Is that the bond market thinks there may be a recession or mini recession or at least maybe flat growth, Sir?
E
Certainly. I mean, the consumer confidence report was a big one. It was the third consecutive month monthly decline, the largest since August of 2021. Worse, as you hinted, they found that inflation expectations have also risen sharply. And it's no surprise, right? Eggs have never been more expensive than they are today. Obviously, President Trump's been in power for marginally over a month, so I don't think he can take responsibility for that. But this is what we said at the beginning is inheriting an absolute nightmare. And this is the reality of it. You know, they were revising numbers down. There were arguments that we started an official recession in the last quarter of last year. But I certainly think we're going to have some things, whether it's a mini recession or a big one to iron out this year. And that's when President Trump's job begins. But again, no surprise, this is the stuff we knew President Trump was going to have to work through, and they're beginning to do it.
Stephen K. Bannon
What do you think President Trump, I mean, he's got Elon Musk like an unguided missile, which I think is powerful in this regard, into the, into the administrative state, particularly in these audits, or finding out whether it's waste, fraud, abuse or what I call leakage. What do you believe has to happen to convince the capital markets that this administration is serious about making significant cuts to federal spending so that whether it's, whether it is external revenue coming from tariffs of this new regime, tariff regime which supposed to kick in next week on March 4, 25% to Mexico, 25% to Canada. This is massive, given the size of their trade with them. What do you think he has to show in order to convince the capital markets he's serious about getting to a balanced budget? He said it twice today in the Cabinet meeting in front of the media. But what actions do you think they're going to have to see to make sure they see that this is serious, to get our deficits at least under a trillion dollars to start with and hopefully down to some sort of balanced budget?
E
Well, I think we're seeing the actions, right? And like I said before, I think President Trump is showing how serious he is to sort of close that gap. But I think what we need to start seeing is results. Right? There's a big difference, and I'm not talking about President Trump here, but you know, there's a big difference between hypothetical spending cuts and actual spending cuts. Right. It's easy to get everyone to agree to cut spending on something in the future, but to take dollars from any congressman's district, that becomes more and more difficult. We've seen this time and time and time again. And I think when we start to really push through with spending cuts, we're going to start to see resistance. So we need to just start making progress, start closing that gap. The more it closes, the confidence in the US Will increase, confidence in the dollar will increase and that will buy President Trump time. There's a lot of things being touted. I think Judy Shelton was proposing zero yield trust bonds that are convertible for gold. So there's some good ideas. Obviously she's not part of the administration. She's being touted potentially for the Federal Reserve. There's a lot of good ideas coming out of the administration and potential appointees. But we need to start seeing results. Because if 12 months from now, US national debt at 40, 45, 12 months after, there's nothing the administration can say.
Stephen K. Bannon
God, I love Julie Shelton. Talk to people about, you know, gold as a hedge because we're going to go through some turbulence, folks. Just the cutting of the budget is going to cause turbulence. Msnbc, the New York Times, every day they're going crazy. Just somewhat Elon Musk is doing now. And that's not really fundamentally taking this thing apart brick by brick, program by program, billet by billet. Your thoughts about the driving factors of gold. Look, we've had a hell of a run with you guys over the last couple of years. I think it was 1100, 1200 bucks. Now over 2,900. But it's just not the price of gold, it's the dynamics underneath it. What do you have to say about that?
E
I mean, listen, gold is a reflection of the value of currency. That is why it is so important to get our fiscal house in order. Because if we don't, if global demand for our debt starts to wane, the sky is the limit for gold's price. Right? We talked about records in the past talking about gold at $10,000 an ounce. That's not a position we want to be in, but it is a realistic possibility if we don't get a handle on the problems. Gold is moving, right? It's hit its 10th all time high of 2025 so far. We've been averaging a new high every five days this year. We're up 12% this year, 40% last year. I mean, this is the climate that people buy precious metals. I have never seen stronger fundamentals. We talk about eggs being at the highest price ever in history. We talk about a world running away from the dollar. We're talking about the BRICs de dollarizing. We're talking about, I mean, a potential recession on the horizon. These are the underlying fundamentals that drive gold's price. And like I said, I've never seen them stronger than they are today. It's going to take President Trump and the team time to get through these problems. And precious metals, I think at Least as a hedge is where we need to be. Look at central bank gold demand. It peaked. We had the biggest quarter in history in last quarter of 2024. It is not slowing down and we expect that to continue and we expect gold's price to continue to rise.
Stephen K. Bannon
Any updates on the situation with the bank of England?
E
Sir, look, it's still flooding out of the bank of England to New York. More than 20 million troy ounces, about $60 billion just since Trump's been in office. Again, it's a coincidence. Demand in the US still very, very high. We don't think the bank of England now will default. It's still delayed. It's about eight weeks. So technically still a technical default we think they're going to fulfill. Whether they beg, borrow or steal, they're going to fulfill because the alternative is a disaster. But it's just a reflection of demand increasing and it is, it's increasing domestically here in the United States, but it's everywhere. China's central banks, Russia's reserves right now are facing sky high domestic demand. Paper gold funds now have set their biggest net inflow since the pandemic. So demand right now is at all time highs and like I say, we expect it to continue. Hopefully this stuff with the bank of England will iron out over the next few months and things will start to settle down a bit there.
Stephen K. Bannon
Where do people go to get you a working relationship with Birch Gold is what folks need. So where do they go to to contact you and your team? Phil?
E
Very, very simple. Birchgold.com forward/bannon Again birchdoll.com forward/bannon get end of the dollar Empire series for sure. Read it, soak it in, learn it. We have a gold on how and why to invest gold, a guide on how and why to invest in gold under a Trump administration and just lots of good free information. So I encourage everyone out there get that information, get reading and they can reach me at Philip Patrick on getter.
Stephen K. Bannon
Fantastic. Philip Patrick and I get I can recommend to everybody go birchgold.com bandit into the dollar empire but make contact with Philip and his team. Philip, thank you so much. Taking time away from a trading day to join us from the West Coast. Short break back in. What if he had the brightest mind in the war room delivering critical financial research every month. Steve Bannon here. War room listeners know Jim Rickards. I love this guy. He's our wise man. A former CIA, Pentagon and White House advisor with an unmatched grasp of geopolitics and capital markets. Jim predicted Trump's Electoral College victory, exactly 312 to 226, down to the actual number itself. Now he's issuing a dire warning about April 11, a moment that could define Trump's presidency and your financial future. His latest book, MoneyGPT, exposes how AI is setting the stage for financial chaos, bank runs at lightning speeds, algorithm driven crashes and even threats to national security. Right now, War Room members get a free copy of MoneyGPT when they sign up for Strategic Intelligence. This is Jim's flagship financial newsletter, Strategic Intelligence. I read it. You should read it. Time is running out. Go to rickardswarroom.com that's all one word. Rickards war Rooms Rickards with an S. Go now and claim your free book. That's rickardswarroom.com do it today. Here's your host, Stephen K. Ban. We're going to try to tie it all together the next hour with Jim Rickards. He's going to join us. Go to Rickards war room.com if you like capital markets and geopolitics, all the national security aspect of it, go to rickardswarroom.com put in ban and you get a discount. Strategic Intelligence is the newsletter throughout the world that Jim is known for. Top you're going to be reading what the top CEOs, chairman, hedge fund guys, not just in the United States, but throughout the world read. So if you want to be inside baseball, that's the way you get a strategic intelligence. Rickardswarroom.com you get a free book also about artificial intelligence and capital markets that will maybe keep you up at night. Just read it. Very powerful from Rickards. E.J. antoni, back to my question. How do they first off, how do they have such a big miss on inflation? And then I want to ask you, what does this portend for the economy that President Trump is dealing with? Sir?
Brian Glenn
Well, Steve, unfortunately, we're not able to get the price of every single thing throughout the entire economy in a timely manner and then also compare that with what people are actually buying. So these GDP reports, they don't just measure the price of everything that people are selling, but it's also all weighted. It's a weighted average according to what people are buying. So as people buy more of one thing and less of another, it's going to change how much one price counts versus another. So again, it's very difficult to collect all that data. There's a lot of surveys involved. And so you do typically have some revisions, occasionally even large revisions. But what stands out over the last several years is what we were talking about earlier, how consistently the inflation numbers have had to have been revised worse. And so that points to something wrong in the data itself, which does periodically happen and does need to be corrected, whether it's the method, methodologies, maybe it's how the data is being collected, the models that are being used. Again, whatever the case may be, clearly something is wrong and something needs to be corrected. And you know, the Bureau of Economic Analysis falls under the Department of Commerce. So I think this is definitely something the new Commerce Secretary needs to take a look at, just like the new labor secretary needs to be taking a look at the Bureau of Labor Statistics, which is in that department, obviously, because the BLS is the ones that put together the Consumer Price Index, for example, and there are clearly problems with that price index as well. Again, something is wrong with the numbers here when you so consistently get such large revisions and they're all in the same direction.
Stephen K. Bannon
What does this mean for where we stand? I'm going to play the Kaitlan Collins and EJ do you have a hard out at 11 or can I keep you for a few minutes into the next block?
Brian Glenn
No, no, I'd be happy to stay longer.
Stephen K. Bannon
Okay, so I'm going to deal with the Caitlin Collins in a second. But let's go back in the context that now you have the reconciliation. The reconciliation people just understand that's really dealing with the extension of the tax cuts. It's a whole lot of smoke and mirrors in that, but we'll deal with that. But the CR as we preach the gospel of the cr, that it's got to be addressed to fund the government for the rest of the year, in your mind as an economist, where do we really stand with what President Trump inherited? As you see the economic battlefield in.
Brian Glenn
Front of us, it feels like less a battlefield than a minefield, frankly, what President Trump has inherited. I mean, it is difficult, Steve, I think, to get across to people just how bad the economy is, because what the economy actually looks like today and what people's lived experiences is just simply not matching up with what the data say. There's just too many problems, again, with the data going back to what we we were just talking about. Right. There are things wrong with the data themselves. And this, I think, is why President Trump won such a great victory in November, right where you had him winning the popular vote, every swing state, a huge electoral majority. It's because the media was not successful in telling people, don't believe your lying eyes and don't believe your empty wallets. Everything's fine. So we are staring down the barrel of more inflation, courtesy of the Fed's interest rate cuts last year and relatively loose monetary policy. Let's not forget the monthly. If we look at the monthly inflation reports, the annual inflation rate that comes in every month that has gotten worse each month since the Fed started cutting interest rates. So clearly we have more inflation coming down the pike that the President will have to deal with. We have all of the messes internationally that the President is already dealing with, especially in places like the Ukraine. We have a banking crisis which still really hasn't gone away. The Fed just papered over it with things like emergency lending programs. But that is still very real. We have a commercial real estate sector that is in absolute turmoil. The housing market is a disaster. We just got pending home sales numbers this morning that were down to a record low. Pending home sales today are about 30% below where they were in 2001, not 2021, 2001. So here we are essentially a quarter century later and the housing market is 30% less activity today than it did back then. That's a disaster even before you factor in things like population growth, for example. So again, what this President has been handed is an absolute dumpster fire, frankly of an economy. Things are terrible. The deficit is exploding. It's the worst start ever to a fiscal year in terms of that DEFIC started in October, ran through January, the worst four month start ever to a fiscal year. And at the same time, you have a Treasury Secretary and Scott Besant who is a master of sovereign debt markets and he's gonna need, I think, every ounce of his mastery and expertise to really unwind the disaster and the mess that he was left by Janet Yellen in terms of rebalancing the Treasury's portfolio, in terms of trying to get the yield down on the 10 year treasury notes, trying to get the interest payments down on the debt. Those interest payments are already over $1.2 trillion a year. I mean, Steve, if you give me an hour, I could fill it. I'm sure with all of the negative aspects of this economy that President Trump has inherited and that he's gonna have to deal with.
Stephen K. Bannon
And on top, the only one you missed, we had a record trade deficit in the month of December. And they're saying, oh, that's people trying to get ahead of President Trump's tariffs now. It's not absolutely incorrect, is that we're purchasing too many manufactured goods from overseas, full stop. I'm a keep EJ Antony. We're going to talk about this cr. We're also going to talk about Peter Navarro has been on CNBC talking about the terrorists President Trump reiterated this morning. On the fourth in the evening, he'll go up to address the nation from the nation's capital capital earlier in the day, he will, as he says, hit Mexico and Canada, two of our largest trading partners with 25% across the board tariffs and oh, by the way, a 10% tariff on the Chinese Communist Party. Everything coming from China geostrategically, geo economically. There are decades in which nothing happens and there are weeks in which decades happen. Ladies and gentlemen, you're living through one of those weeks. The prime minister of the United Kingdom to the White House right afternoon. Zelinsky's there tomorrow, President Trump doing it all. You'll find out how and why and what next in the War Room. Drew risk high that an IRS agent is about to show up at your home over unpaid taxes or unfiled returns? Or that the IRS is about to freeze your bank accounts. Look, understanding your IRS risk level helps you decide how quickly you need to act. Take my advice and find out. Call the experts at Tax Network USA and share your situation. They'll advise if they believe your risk level is high, moderate or low. This is a free service for my audience at the War room and it's 100% confidential. And if your risk is high and you want to resolve your IRS problems, Tax Network USA will do it. Nobody knows the IRS better. In fact, TeX Network USA has a preferred direct line, so they know which agents to deal with and which ones to avoid. And baby, this is critical. They've resolved over $1 billion in tax debt. So whether you owe $10,000 or $10 million, their genius strategies are designed to quickly settle your tax problems. Discovering your current IRS risk is fast, free and confidential, and it's a smart first step in solving your tax problems. Don't make the call the IRS until you talk to the Tax Network people. This is absolutely critical. Call Tax network USA at 1-800-958-1000. That's 1-800-958-10000 or visit taxnetworkusa.com Bannon remember the number 1-800-958- 1000, do it today.
Brian Glenn
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Josh Hammer
Synthetic vitamin in general.
Brian Glenn
So we have some other amazing products.
Stephen K. Bannon
But if you'd like to check us.
Brian Glenn
Out, you can go to sacredhumanhealth.com and cheers to your health.
Stephen K. Bannon
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Summary of Bannon’s War Room – Episode 4300: Keir Makes His Plea To Trump At The White House; Witnessing A Judicial Insurrection
Release Date: February 27, 2025
Host: Stephen K. Bannon
Guests: Brian Glenn, E.J. Antoni, Josh Hammer
[00:00 – 02:18]
Stephen K. Bannon opens the episode by addressing a significant shift in media dynamics within the White House. He critiques President Trump for asserting control over the press pool, determining which journalists gain access to the President. Bannon highlights the unprecedented nature of this move, noting its implications for journalistic independence and government transparency.
[01:10 – 02:08]
Bannon and Brian Glenn delve into the complexities of the Continuing Resolution (CR), discussing strategies to manage government spending. They debate the incorporation of spending anomalies into the CR to reflect current fiscal priorities, emphasizing the administration’s goal of reducing waste and enhancing taxpayer efficiency.
[04:01 – 05:01]
The discussion shifts to international relations with the arrival of Sir Keir Starmer, the Prime Minister of the United Kingdom, at the White House. Bannon critiques Starmer’s commitments, particularly regarding NATO and the Ukraine conflict, arguing that the UK lacks the financial and military capacity to support proposed peacekeeping forces without significant US investment and security guarantees.
[06:55 – 10:43]
Bannon outlines President Trump’s impending tariffs on Mexico, Canada, and an additional 10% on China, aimed at addressing trade imbalances and protecting American industries. E.J. Antoni explains that these measures are part of a broader strategy to enforce leadership and economic sovereignty, rejecting mere threats in favor of decisive action.
[17:15 – 27:01]
Josh Hammer introduces the concept of a "judicial insurrection," criticizing lower court decisions that impede the Trump administration's policies through temporary restraining orders (TROs). He praises Chief Justice John Roberts for stepping in to block such orders, emphasizing the need for the Supreme Court to reaffirm the separation of powers and limit lower courts' overreach.
[35:32 – 48:18]
Brian Glenn provides a comprehensive overview of the severe economic challenges confronting the Trump administration. He cites high inflation rates, a banking crisis, a struggling housing market, and a record trade deficit as critical issues. Glenn underscores the difficulty of balancing the budget amidst these adversities, stressing the need for significant spending cuts and effective fiscal policies to stabilize the economy.
[46:24 – 48:18]
The episode critiques the accuracy of inflation data, suggesting that methodological flaws and inconsistent data collection by the Bureau of Economic Analysis and the Bureau of Labor Statistics obscure the true state of the economy. Glenn points out that frequent and significant revisions to inflation figures indicate systemic issues in economic reporting, undermining public trust and policy effectiveness.
[48:18 – 55:33]
Stephen K. Bannon wraps up the episode by reiterating the multifaceted challenges the Trump administration faces, particularly in managing economic instability and judicial opposition. He emphasizes the importance of strong fiscal strategies and judicial support to implement the administration’s agenda. Bannon underscores the ongoing struggle to maintain government functionality and economic stability amidst external and internal pressures.
Media Control: The Trump administration’s decision to control the press pool represents a significant departure from traditional media relations, potentially threatening journalistic independence and government accountability.
Fiscal Strategy: Emphasis on reducing government spending through the Continuing Resolution and implementing tariffs reflects a broader strategy to minimize waste and address trade imbalances, albeit amidst significant economic challenges.
Judicial Challenges: The concept of a "judicial insurrection" highlights ongoing tensions between the executive branch and the judiciary, with the Supreme Court playing a pivotal role in maintaining the separation of powers.
Economic Turmoil: High inflation, a struggling housing market, and a massive trade deficit underscore the severe economic hurdles the administration must overcome, necessitating robust fiscal policies and effective economic management.
Data Integrity Issues: Persistent flaws in economic data reporting question the reliability of inflation and GDP figures, suggesting a need for methodological reforms to ensure accurate economic assessments.
Stephen K. Bannon [00:03]: “The President of the United States is saying for the first time in generations that he gets to decide who is inside the pool that gets closest to him in terms of asking questions.”
Josh Hammer [17:15]: “This is a full-on judicial insurrection going back to the very first days of this administration.”
Brian Glenn [35:32]: “President Trump won such a great victory in November... because the media was not successful in telling people, don’t believe your lying eyes and don’t believe your empty wallets.”
Brian Glenn [46:24]: “These GDP reports... it’s very difficult to collect all that data. There’s a lot of surveys involved.”
This episode of Bannon’s War Room provides a critical examination of the Trump administration's handling of media relations, fiscal policies, international trade, judicial challenges, and economic management. Through in-depth discussions with experts, the podcast underscores the complexities and ongoing struggles within the current political and economic landscape.