Manu Raju (1:51)

Well, they definitely need to show that they're fighting. To a lot of Democrats who want see this as really their really it is their first piece of leverage to push back against everything that Donald Trump has done so far because their votes are needed in the Republican led Senate in order to overcome a filibuster attempt. They need 60 votes to overcome a filibuster. The Senate is controlled 5347 by the GOP. We expect one Republican senator to vote against it, which means there needs to be at least eight Democrats to vote yes. And what Chuck Schumer just said on the Senate floor just moments ago was that there would not be 60 votes, there would not be at least eight Democrats to break a filibuster.

Steve Bannon (2:31)

Funding the government should be a bipartisan effort. But Republicans chose a partisan path, drafting.

Chuck Schumer (2:39)

Their continuing resolution without any input, any input from congressional Democrats.

Steve Bannon (2:46)

Because of that, Republicans do not have.

Chuck Schumer (2:49)

The votes in the Senate to invoke.

Steve Bannon (2:51)

Cloture on the House cr. Our caucus is unified on a clean 4-11-cr that will keep the government open and give Congress time to negotiate bipartisan.

Chuck Schumer (3:06)

Legislation that can pass.

Steve Bannon (3:08)

We should vote on that. I hope, I hope our Republican colleagues will join us to avoid a shutdown on Friday.

Manu Raju (3:18)

Now, a CR means continuing resolution, which is essentially a extension of government funding. What Schumer is calling for there is a one month extension of government funding, but the Republicans are just not going to go for that. So that really was going to leave Democrats with a choice here in the Republican led Senate. They can vote for the House plan, which they are opposing because it does have cuts to domestic programs. It does nothing to constrain Donald Trump or Elon Musk or the efforts to purge the federal government. So they can vote to accept that House plan, which extends government funding until the end of September. Or they could line up and do what Chuck Schumer said right there, block this plan. And that could lead to a shutdown. And that has actually caused Casey a lot of consternation, a lot of concern among Senate Democrats. They don't know how long a shutdown could go on for. They don't know what Trump would do if their government is shut down. Perhaps he could go even further in his efforts to purge the federal workforce and shut down government agencies, which is why a lot of Democrats are still uncertain, despite Schumer's declaration, whether they would actually stand firm and block this plan or whether come Friday, when we expect that key procedural vote to happen, where they'll vote to advance it and eventually let this become law. But if they do that, there'll be a lot of backlash from a lot of Democrats who want to see their party fight in their first piece of leverage against Donald Trump.

Steve Bannon (4:35)

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.

Eric Bolling (4:55)

It's going to happen.

Steve Bannon (4:56)

And where do people like that go.

Eric Bolling (4:58)

To share the big lie?

Chuck Schumer (5:00)

MAGA MEDIA I wish in my soul.

Steve Bannon (5:03)

I wish that any of these people had a conscience. Ask yourself, what is my task and what is my purpose? If that answer is to save my country, this country will be saved.

Eric Bolling (5:17)

War ROOM here's your host, Stephen K. Ban.

Steve Bannon (5:24)

It's Wednesday 12th March, year of our Lord 2025. Ladies and gentlemen, that is pretty big news. Before the President states walks in the Prime Minister of Ireland, it's kind of the traditional St. Paddy's Day celebration of our culture, et cetera. Going to do a formal press conference in the East Room. Brian Glenn will be there. They have not opened up the East Room yet. So we have a few minutes here beforehand. We are going to go for the entire press conference and they always ask great questions. Maybe Brian Glenn will get one in and then we'll come back to the programming and hopefully get Brian Glenn up here. So that's all to happen. 8:00 tonight, Eastern standard time. We're going to live stream on all of our channels the debate in Wisconsin for the Supreme Court justice. We recommend everybody come into that tomorrow. We're actually going to be teed up beforehand with the chairman of the gop. He's going to break it all down for us. We're going to try to get him in before the president comes in. Also tomorrow we'll have a breakdown in polling afterwards where that stands and we'll have the ability for you how you can do out of state phone banking. We understand the war in posse, phones blown up. People want to go to work ready to, ready to stretch the legs and get back to it. So right there, the Democrats, President Trump put them in a box. The House Republicans voted on a CR and then left town pretty cocky. I kind of dig it. Very Trump move and Schumer as of this morning, the thinking was they were going to get 60 votes to break cloture and to basically say, okay, we'll go to the end of the year. We don't like it, we'll go to the end of the year. But they couldn't get the eight votes they needed, even with Fetterman saying he would vote for it. Rand Paul had already said he was going to vote against this. I guess they needed eight votes. They can't get them and it looks like unless something huge happens, what they want is a 30 day extension. Now we would say for the 30 day extension if the appropriations bills were anywhere near where they could be. And I think 75% of the total appropriations has been done. We've advocated, hey, pass those bills, work that out, then do a CR for the rest. It doesn't look that's going to happen. I don't think President Trump or the Republicans are going to accede to that. I think they've already passed that by right now, if you're a betting man, I think it looks like the government could shut down at midnight. And I will tell you, I don't know how you unshut it down, but they're essentially the Democrats shut down the government, aren't they? Giving a free hunting license to President Trump and Doge and Elon Musk just to go on and say ho, here's who, you know, here's who is essential and here's who's not essential. We hear it's not going to happen this afternoon. We know this. But the executive order to essentially take apart kind of on a formal basis, the Education Department, Department of Education has, has not been signed yet. So anyway, news, I'm going to get back to it. The Democrats say Schumer says he doesn't have the votes. And in not having the votes, it looks like we're heading to a shutdown. There'll be a lot more negotiation on that. The Senate Finance Committee goes up to see President Trump at the White House tomorrow. Goes to the White House tomorrow. I think they're talking about the tax bill of reconciliation, but I'm sure a lot's going to happen. We also have all day long a firestorm on tariffs. People don't understand tariffs. A lot of nonsense being put out there. So we asked the expert of reassuring Spencer Morrison to join us. I got a slight open for him a clip. Let's go ahead and play it. We'll bring Spencer in.

Chuck Schumer (9:01)

Listen, there's not much criticism. I think people don't know what he's doing. I don't have to think. I mean most people say they don't know what he's doing. Speaker Johnson has been defending him, saying that we are effectively has said we're in a transition period. John Thune, the Senate majority leader keep saying, you know my view on tariffs, which is he's not a fan of this but Trump is trying to, you know, reorganize the global order and we should be patient is effectively his message. But I will tell you the market goes down, continues to go down like it's going down now. And I'm not talking about it might be up at this moment, but if it continues a downward trajectory, members of Congress are going to be nervous because people, people, as I think you noted, Katie, people are not going to be happy if their 401ks or portfolios are going down and they're looking to retire. I think that was in the clip that you showed at the top. The patience to reorganize the global trade order is just going to, is going to wane significantly. To the extent it exists now, I don't even really know. And on top of that, just with all the chaos with government funding and the tax bill and everything that's going on on Capitol Hill, there's just not going to be an appetite for a large scale trade war. And I think that will start to rear its head in a couple weeks.

Eric Bolling (10:24)

The EU was set up in order to take advantage of the United States, including Ireland.

Steve Bannon (10:29)

Is Ireland taking advantage of the U.S.

Eric Bolling (10:32)

Of course they are. I can't, you know, I have great respect for Ireland away what they did and they should have done just what they did. But the United States shouldn't have let it happen. We had stupid leaders. We had leaders that didn't have a clue or let's say they weren't business people but they didn't have a clue what was happening. And all of a sudden Ireland has, you know, our pharmaceutical companies and other, this, this beautiful island of, it's island of 5 million people. It's got the entire US pharmaceutical industry and its grass. And you know, you mentioned housing and you mentioned other things. I mean I have property in Ireland, as you know and I love it, it does great. But I'd like to have, I'd like to see the United States not have been so stupid for so many years. Not just with Ireland, with everybody. You know, I looked at trade deals, I was telling the group yesterday, I looked at trade deals in term one. It's one of the reasons I decided I had to do this because, because somebody had to straighten it out. And I didn't see anybody that was going to. I looked at trade deals that were so bad I'd actually say how is it possible that this could have happened? Who would have been so stupid to let these deals happen? For instance, when the pharmaceutical companies started to go to Ireland, I would have said that's okay. If you want to go to Ireland, I think it's great. But if you want to sell anything into the, the United States. I'm going to put a 200% tariff on you. So you're never going to be able to sell anything into the United States. You know what they would have done? They would have stayed here.

Steve Bannon (12:09)

Okay, Spencer Morrison, the author of Reshoring and I think America's top expert on tariffs. Spencer, your head must have been blowing up the last couple of days. All the nonsense occur because it's almost been for the audience that doesn't have to monitor CNN and MSNBC and cnbc. It's almost been nonstop tariffs and how evil tariffs are, how terrible tariffs are, how Trump doesn't know anything. He's out of control. He's destroying the world's trading order. Sir. And I'm gonna bring you back after the break. But just give us your overall assessment, Spencer, of where we stand in all this. Is President Trump actually crazy?

Spencer Morrison (12:45)

Hi, Steve, thanks for having me on the show. No, President Trump is not crazy. What President Trump is doing is he's recognizing that there are two types of economies that are in conflict in, not just in America, but all throughout the world. There's the financialized economy and then there's the productive economy. And what President Trump is doing is he's trying to shift America away from a financialized economy, a service based economy, towards an industrial and a productive based economy. And this is incredibly important not just for the long run prosperity of America, but also for its national security. I just want to give you a really quick example of this, the financial economy.

Steve Bannon (13:27)

I take Spencer, Spencer, hang on. This is, this, hang on. This is too good. This is too good. I want to hold it. I want to give you plenty of run Runway brother. Because just in saying that you've been able to kind of give a, you know, a construct, intellectual construct in people's minds for the war in posse. There's the lords of easy money on Wall street that want to financialize everything. Remember how that worked out for us last time? Remember 2008 with the financialization of the mortgages and credit backed securities and all this esoteric financial instruments that they took hundreds of millions if not billions of dollars of fees out. And then when it all collapsed because the underlying economy couldn't support it, not one of them, not one of them was ever held, ever held accountable. They've socialized the risk. That's a fancy Harvard Business School term for saying you the little guy, the taxpayer pays and they've left unlimited upside for themselves. That's a hell of a system. That is one hell of a system. We could not have created something so perfect for the ruling class in this country. This is what President Trump's trying to break, trying to re industrialize America, What Spencer Morrison calls the productive economy with manufacturing production and high value added, good paying jobs. Short commercial break we're going to return to the East Room, but first, Benjamin Morrison on reshoring next in the world, you don't go out and buy a life jacket when the boat is already sinking and you don't buy gold when the economy has already collapsed. Clearly others are heeding this advice as gold hit an all time high the first part of 2025, multiple times. It's not too late for you. The company I trust to help you diversify into physical gold is Birch Gold, the company I buy my gold from. Birch Gold specializes in helping you convert an existing IRA or 401k into a tax sheltered IRA and physical gold for no money out of pocket. Just listen to this five star review, quote, knowledgeable, helpful, non pressure, end quote. That's what you get with Burt's Gold and that's why I've endorsed them for so long. Get your free info kit on gold by texting the word Bannon B A N N o N to 989-898. There's no obligation, just useful information with an A plus rating from the Better Business Bureau and countless five star reviews. Text Bannon Bannon to 989-898 and let the experts at Birchgold help you secure your financial future today with Gold.

Eric Bolling (16:12)

Here's your host, Stephen K. Ban.

Steve Bannon (16:16)

Okay, three pieces of breaking news. Number one, the Democrats said they don't have the votes to break cloture. It looks like we're going to hurdle towards a government shutdown or some major renegotiation. The House is out of town. They're gone. Captain Bannon's in town tonight for Alex Brucewitz's gathering over at Butterworths and there's nobody in the House for her to go hang out with. So they're gone, most of them. Also, breaking news is Julie Kelly is going to join us here in a moment about breaking news coming out of the courts about trying to the federal the federal judge insurrection trying to stop President Trump from executing on his mandate. And of course, all day they've been in complete and total meltdown about the tariffs. I'm going to go back to Spencer Morrison in a second. Let me get this breaking news from Julie Kelly. She's just out of the court. Julie, a couple of big cases today, ma'am. Walker stubbed they're trying to stop Trump in every way possible. They're trying to stop his executive orders to hold these law firms accountable. They're trying to. The doge guys found $20 billion that somehow got wired to Citicorp. I think at the last second they're in that the judges are trying to say the money's gotta be released. What in the hell's going on? And I know these are some of your favorite judges, cuz they're in Washington D.C. on the D.C. on these crazies on the D.C. bench. They hate Trump. As Mike Lindell, as Mike Davis says, this is a federal judge insurrection against the President, United States. Julie Kelly, what do you got?

Julie Kelly (17:40)

Steve, it's so frustrating because you and I have talked about this for years, not just related to the federal cases against the President that were handled in Washington D.C. but of course, over a thousand January 6th cases. These judges are out of control and they have no accountability and no oversight. When is this going to end? Congress has completely abdicated its role in holding these judges accountable, holding impeachment proceedings for at least the most flagrant violators, which includes Beryl Howell, who today now who is Beryl Howell? She is the former Chief judge of the D.C. district court. She was in that role for seven years between 2016 and, and 2023. She managed as chief judge all of the lawfare against President Trump, starting with special counsel Robert Mueller's investigation into phony Trump Russia election collusion. She's acted as nothing more than a rubber stamp for the doj. Well, until the DOJ went back to Donald Trump in January. So she allowed Robert Mueller to get away with whatever he wanted to. She then did the same with the grand jury proceedings for special counsel Jack Smith in the classified documents case and the J6 case. But now what she did, and quite honestly, Steve, this is a clear example of a judge who should have recused herself because she handled the Trump Russia collusion investigation that originated in the offices of Perkins Coie, the law firm that acted as the pass through between Fusion gps, who retained Christopher Steele, who made up the dossier basically and peddled that around Washington for 2016 and 2017, including at the FBI. She managed that investigation. She should have recused herself from the lawsuit that Perkins Coieh just filed, filed seeking a temporary restraining order or to overturn the President's executive order last week that stripped security clearance from everyone at that firm. She did not do that. And instead today issued from the bench putting on hold a temporary restraining order against the President's executive order stripping Perkins Coie of their security clearances. Just another egregious example of these judges acting solely on their own, using whatever excuse they let me.

Steve Bannon (20:24)

Yeah.

Julie Kelly (20:25)

To overturn.

Steve Bannon (20:26)

Perkins Coy understands one. This is Trump's war. This is Trump's war against the big law firms that run the city, that run the imperial capital. And he put a shot right across the bow. They do understand that this. And this is why they're fighting and they're fighting out of the box, Julie. They understand this is much deeper than the justice security clearances. They understand that the next thing, the stripping of security clearances, next thing goes to cutting them off of government contracts where these guys live for. And Perkins Coie is with Bob Bauer and Mark Elias. I mean, this is the demon shop of the demon shop. Right. That's why they were symbolically chosen as the first. But this I don't understand is a judge basically restricted the president, United States from somebody. How can the commander in chief be restricted from taking somebody's security clearance away? Some institutions, he. He has ultimate authority on all security clearances. Duddy, ma'am.

Julie Kelly (21:20)

Well, I mean, you would think so, but this is apparently not the conclusion of Beryl Howell where she basically said. And I will be getting the transcript. I was following Kyle Cheney at Police Politico who was in the courtroom. This is one of those proceedings that did not have audio line the other hearing that I covered today in Judge Chuck Kin's courtroom. But you had to be there. So I was following along what Kyle Cheney was saying. And she's making these outlandish declarations. How seeing the president be able to strip someone of their security clearance, you know, just made the hair on her skin raise up. You know, she was making, as she always does, all of these editorial comments directly contradicting what is clearly the president's presidential executive authority to do exactly what he did. Not just to Perkins Coie, but of course, Covington and Burling, the law firm that gave free legal services to special counsel Jack Smith. And I'm following up on this, but it appears like she is preventing the president's executive order from going through by calling Perkins Coie dishonest and dangerous, which he did. But what the Perkins Coie lawyer told Howell today is this is basically a death sentence for Perkins Coie that there would be no way for the firm to stay in business if this executive order holds.

Steve Bannon (22:50)

Oh, baby, baby, I love this even more. We want a death sentence and we want to salt the. We want a Carthaginian peace we want to salt the earth around it. You also this other big so President Trump as commander in chief, can't take an institution or person's security clearance away. Okay, I see where they're going. Now the other is about more about money. And this is where, you know, President Trump has the impoundment, has the ability to cut the money off. Tell me about this. This. Cause this thing's kind of murky about 6, I think this is $20 billion ended up in Citicorp in the last days of Biden. Who actually gets it now? People are going to court on that, too. Is that correct, Julie?

Julie Kelly (23:32)

Yes, Steve. And this is a huge scandal that I will be covering and hopefully you and I could talk about more. This has to be one of the biggest scandals out of the Biden Harris regime, and that is this 27 billion quote, unquote climate fund. $20 billion of that was hidden at Citibank, put at Citibank. Our money under this greenhouse gas reduction fund, $20 billion put at Citibank November 1st of 2024, obviously to not only keep accountability away from Republicans in Congress, but of course, a potential Donald Trump White House. That money was granted to only eight nonprofits, climate nonprofits, including one that had just been created by Stacey Abrams, who received $2 billion. But the other one, Climate United, and that's who was in court today before Judge Tanya Chutkan, another one of our favorites, filed a lawsuit because EPA administrator Lee Zeldin and DOJ FBI is investigating that $20 billion fund that's at Citibank right now, froze disbursement of those funds under suspicions of fraud and other criminal behavior and then canceled. Lee Zeldin announced last night canceled the contracts with those eight climate nonprofits. Now, the one who was in court today, Climate United, led by a former Obama White House official packed with Democratic activists and party leaders, they received $6.97 billion. Steve. Billion dollars the year before. Steve, the year before. This fund was created in June of 2023 and had less than $100,000 in the bank. Now they are going to this Judge Chutkan asking for a temporary restraining order to force the EPA and Citibank to give them the money that they insist is theirs.

Steve Bannon (25:43)

Folks, between USAID in the Citicorp, that's what, 27 billion, 40, $50 billion. It's not the philanthropic. This is not tides. This is not source. This is your tax dollars going to fund the most radical people. The Stacey Abrams was on MSNBC the other night yammering on about toasters and energy efficient refrigerators. And she got, she skimmed $2 billion. This is outrageous. And you're going to see some of These judges give TROs and try to give them the money. Hey, this is going to be fought all the way up. The supreme should get ready because this is going to be fought all the way up, all the way up to the top. Julie, you're reporting and you're going to drill down as only Julie Kelly can do on this latter one because this one's going to be pretty tasty, I think. Julie.

Julie Kelly (26:29)

Oh, it absolutely is. And kudos to EPA Administrator Lee Zeldin who really blew the lid off of this last month. Also Trump's DOJ, including D.C. u.S. Attorney Ed Martin, who ordered the freeze of these funds when they found out that it had been sheltered at Citibank. Also, the grant agreements changed twice. December of 2024 and about seven days before inauguration Day, the Biden White House and EPA changed, made modifications to those agreements to make it much easier for these grantees, which are nothing more than a money laundering operation, operation our money that they, they employ who knows who and then doles this out to what solar panel manufacturers in Arkansas. I mean, this is how absurd and scandalous this is. I am going, I am digging into this. We'll continue to do so because this is a huge, breaking, massive looks like money laundering scheme into the tens of billions.

Eric Bolling (27:31)

It is.

Steve Bannon (27:32)

What, what, what, what is your, what is your social media, ma'am?

Julie Kelly (27:36)

Julie, underscore Kelly 2 on X. I covered the Chutkan hearing today and then of course declassified with Julie Kelly on substack.

Steve Bannon (27:45)

Yeah, you notice, you see some of these judges pop up all the time. This is how important it is to get our judges in and get them confirmed. They're everywhere. Julie Kelly, you're a superstar. Thank you, ma'am. Spencer Morrison on the other side. We're going to get back to tariffs where we go live to the East Room with President Donald John Trump looks like he may be moving in now. Short break. 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. The April 15 tax deadline is coming and it's coming fast. Do you have unfiled tax returns? Can't pay the irs. The IRS is more than aggressive and more aggressive than ever. And the longer you wait, the worse it gets. Wage garnishments, bank levies, even property seizures are all on the table. You need to get ahead of this. You need to get ahead of it today. But going up against the IRS alone is a big time mistake. Take my advice. Call the experts at Tax Network usa. They know the system. They have an edge, a preferred direct line to the irs. They know which agents to deal with and which ones to avoid whether you owe $10,000 or $10,000,000. Their genius strategies are designed to quickly settle your tax problems in your favor. Tax Network USA's attorneys and negotiators have already resolved over $1 billion in tax debt. Let me repeat that. They've already resolved over $1 billion in tax debt. Tax Network USA can help you, too, but you need to move. You need to move fast because April 15th is already here. Remember, if you get that letter, don't put it in the drawer. It just metastasizes. Talk with one of our strategists today. It's totally free. Stop looking over your shoulder. Stop the anxiety. Stop the worry. Put it all behind you. Call Tax Network USA at 1-800-958-1000. That's 800-958-1000 or visit tnusa.com Bannon that's Tax Network USA. Go to tnusa.com Bannon here's your host, Stephen K. Bannon. There is the East Room to come up momentarily. Beautiful shot. That's the real America's voice camera in the East Room. The prime minister of Ireland, the president of the United States are going to come in momentarily, Spencer, and we're just going to have your voice. I want to keep that shot. Denver. It's a beautiful shot Spencer, you're going to punch and I'm going to bring you back. But this firestorm that's come up and it's consumed cable television, is it because that the forces that want the financialization of the economy, the neoliberal side of American, the American economy, they will do anything to talk smack about, smack about tariffs, including lie bald faced lies on television all day long, sir.

Spencer Morrison (31:55)

Yeah, absolutely.

Eric Bolling (31:56)

Steve.

Spencer Morrison (31:57)

These people are the same people who for the last 50 years have been neutering America's industry. They want America to be weak and easy to control. So what President Trump is doing is he's imposing tariffs on key items like steel, aluminum, all the things that we need for an industrial powerful economy. What that's going to do, it's going to shift the balance of power from financial aspects of the economy over to productive aspects of the economy. So for example, machine tools. These are the sorts of tools that shape other materials. They're the machines that we need to make more machines. They're basically the reproduction system of our economy. America used to be the leading exporter of machine tools. We made all the machine tools, right? Everybody bought American machine tools at the end of World War II. Now America makes just 7% of machine tools. I mean, Italy makes more. Italy makes 8% of these. Right? You think about the size of the economy between America and Italy. It's not even close. But America's economy is behind Italy's when it comes to creating these really valuable, viable, you know, machinery.

Steve Bannon (33:07)

Shocking.

Spencer Morrison (33:08)

It's shocking. Germany makes 15%, by the way.

Eric Bolling (33:11)

Double.

Steve Bannon (33:13)

Double. Okay, you're watching the East Room momentarily. The Prime Minister of Ireland at Taeshock, I think it's pronounced in Gaelic, is going to enter with the President, United States, Donald John Trump. They're going to have some brief remarks and then they will take questions. Our own Brian Glenn is in the East Room with a real America's voice, a camera crew. As soon as the Prime Minister and the President will come through those double doors. As soon as they enter, we will go live to the feed. So this back and forth with Canada. Talk to me about what happened in Canada today. First of all, the premier was going to charge 25% for the hydroelectric power coming to Minnesota, Michigan and New York. Then he said he's going to put a. Then he says he's going to cut it off. They've gone back and forth. Now Canada is going to put. President Trump went back and said, hey, I'm putting 50% on your aluminum and steel. And then today I think they fired Back. Is this a way to have a trade war? Is jawboning or you're an expert on this, Spencer, what's going on?

Spencer Morrison (34:15)

Well, I mean, this is really just Canadian politicians scoring election points. There's going to be a federal election coming up this year in Canada. Everybody's trying to score points and they're scoring these cheap political points at the expense of their own economy and the welfare of their own people. Canada has no cards, Steve. No cards. There's no leverage in a trade war with the States. Just think about this. Canada exports 10 million tons of steel every year to the states. That's 82% of all the steel made in the country.

Steve Bannon (34:46)

President Trump, the voice of Spencer Morrison. He's the author of reshoring a new book on bringing manufacturing jobs back to the United States. It is exquisite timing. I want to talk to Gray Delaney and all the people over. Was it Calamo who just incredible timing on this book are you using? Is this an homage to Donald Trump now that you're using his favorite phrase? You got no cards. Zelensky has no cards. That's true. Why does Canada have no cards? Brother, they're providing Minnesota, Michigan, New York with power. They've got all this product. They got half the under the hood materials components to Detroit, don't they? Whatever Toledo doesn't have, they've got up in Canada right there. Why do you say they have no cards? I know Trump says it. Why does Spencer Morrison say it?

Spencer Morrison (35:37)

I'll tell you why. It's very easy. Canada exports 77% of everything, everything that Canada makes for export goes to the States. America is the one stop shop for Canada. And you know what? Canada even imports more from the states than they buy from them. Canada's economy is completely dependent on America's economy. You know how we talk about import dependency and America is buying critical products from China. The amount that America buys from China is a fraction compared to how dependent Canada's economy is on the States. Canada's economy is like one of those little fish that hook onto a shark. Right. It can't survive on its own. So if there's going to be a trade war between the two nations, there's just no way that Canada can win. It's too small. It'd be like California trying to wage a trade war against the rest of the nation. Totally makes no sense.

Steve Bannon (36:31)

Okay, we didn't have time. We had a clip for you about Walmart. I think Walmart, the CEO was commenting on China. They're not particularly happy as many of these CEOs of this and I can't still figure out, call me a simple guy. I can't figure out if we're 10% tariffs or President Trump had another 10 or for 20%. I know Xi knows this. What is Walmart whining about today, about the China tariffs and what is your independent assessment, Spencer Morrison?

Spencer Morrison (37:00)

Well, China is a distributor of in general very low cost, low quality goods that are exported from China. The entire Walmart business model is predicated upon getting goods from these third world countries and bringing them into the States. They've profited enormously off of this. The problem is they've done it off of the back of American industry and American workers. In order for the Walmart model to be successful, you have to kill off American industry and that pits them against the welfare of this nation. America needs to be a country that builds the future rather than buys it. And low cost wholesalers like Walmart or the financial elites in Wall street are profiting off of America's demise. And it's not good for the country, it's not good for our people. What we need to do is we need to reshore our industries so that we can revive the American dream.

Steve Bannon (38:01)

Our guest is the author Spencer Morrison, the author of the new book Reshoring, which is central about the re industrialization of America. The policies it's going to change take it's a very complimentary of President Trump's business model including tariffs. Do you believe, do you agree with all day long the pulling of Harris saying that President Trump is not messing. Let's, let's say the policies are correct and they don't agree with the policies. But they say the messaging is even worse between Lutnick Navarro, the President Besant. As you know, we're very close to some of these guys. What's your independent assessment? Is this being messaged correctly, sir?

Spencer Morrison (38:39)

Well, I think there's two messages that are going out. There's the message that President Trump is speaking to the ordinary common people and that message is very, very well received. People love the president. People have voted for this president like no one in history. And I think they trust him to do the right thing. I mean President Trump is a business mogul. He knows how to make good deals. I think everybody implicitly recognizes that. But there is a very big disconnect between the ordinary people who sort of on a common sense basis understand tariffs and understand that we got to bring the factories back because it's their jobs, it's their lives that are being offshored. But there's a big disconnect between them and this sort of academic elite. And the academic, the financial elite, they hate President Trump and they don't want to listen to his message on tariffs. And the reality is that it's just not being communicated to these people, because there's very few people who are a part of America's sort of intellectual elite who know anything about tariffs. There's just no one writing about it.

Steve Bannon (39:40)

Well, let's talk about that for a second, because all day long, even my brother Eric Bolling says, because he came out of Fox, he says, hey, I love some of the tariffs, but I don't like part of it. All day long they're saying, this is a tax on the American people. This attacks on the American people. This attacks on the American people. The consumers are going to suffer. This is terrible for the consumer. President Trump doesn't care for the little guy. What say you, sir?

Spencer Morrison (40:05)

America was at its most prosperous when our tariffs were the highest. Everybody knows that. That's a point of financial history. It can't be overstated enough. The decline of America's industrial output, the decoupling between wages and productivity, all of this happened after 1974, when the tariff walls were abandoned, when the gold window was closed and our factories were being offshored to all sorts of countries. I mean, you look at the American economy since 2001, when China joined the World Trade Organization, it's totally backwards. All the gains have been going to the richest few people. Regular, ordinary people have been losing their jobs. The middle class has been completely eviscerated, and people can't afford to live in the communities they grew up in. This is because of global free trade. This is economic globalism. We don't need that. What we need to do is we need to protect Main street, we need to protect small businesses, we need to protect American manufacturers. Because the reality is that local productive assets in the States can't compete with the likes of China who are using slave labor, who are poisoning their water supplies, who are engaging in all sorts of trade practices that we don't do, like dumping and. And giving bad loans to corrupt businessmen. I mean, these Chinese companies, Steve, you have to remember they're an arm of the state. They can run negative balances for 20 years. And they don't go out of business because the Chinese government knows that once all the American companies are dead, China's going to move in and they can jack up the prices and make all the profits back that they've foregone for 20 years. That's what Japan did to us with the Kiriitsu model in the 1980s. It worked then, it's working now. And America's political elites just haven't learned.

Steve Bannon (41:51)

This is. Spencer brings up a great point. This is in President Trump's first term with Bob Lighthizer and Peter Navarro. Early work by myself and Stephen Miller by Bleihurst have finally got in the May of 2019, the deal that had seven different it cured the seven original sins of the Chinese Communist Party, state capitalism and authoritarian model, which quite frankly, the elites in the United States kind of copied. But we had a deal that had been negotiated for a year and a half virtually every day. By the way, you see some movement there at the front, the military aid. We are going to jump. Our guest is Spencer Morrison. The book is reassuring. We are going to jump live to the East Room as soon as there's some movement from the Prime Minister of Ireland and the President of the United States. What Spencer's talking about is that Lighthizer and Navarro had hammered out with Vice Premier li He Over 18 months, almost a two year period, a deal that actually took care of this and or began to take care of this, of the excess capacity of state owned industries, the ability of those state owned industries to basically drive down prices. And that deal was not accepted by Xi and Wan Qishang at the last second. And that's the same month, folks, that they declared a people's war against the United States of America. This is when warfare really started. Political warfare, cyber warfare, unrestricted warfare, people's war against the United States of America. I said we've been at war with the Chinese Communist Party for a number of years. Spencer reshoring itself. Talk to me, how complicated is that? I love the title, I love the hook, but it's. And you've seen Apple come in at $500 billion of capital investment here to bring factories and jobs back. You've seen Taiwan manufacturing $100 billion four years in Arizona. You've seen, I think today Asahi Brewery going to be in Wisconsin to be making Asahi Super Dry. In those days long ago when I used to have a beer every now and again, I loved Asahi Super Dry. It's amazing. They said they're going to build a big facility here in the United States of America. You've got Honda, you've got Siemens, you've got every category. Everybody's bringing jobs back. Is that reassuring? Is that foreign companies coming and putting their capital work in jobs or is that Americans starting to reinvest back here in The United States. American companies, sir.

Spencer Morrison (44:30)

Well, Steve, I think it's a bit of both. I mean, ultimately, big companies and hedge funds, they're going to respond to economic incentives. And if there's a huge disincentive to investing and building factories abroad, because you're going to have to pay a really big tax when you bring the products back into America. It just doesn't make any financial sense for them to do that. I mean, very few businesses are going to go and open a factory in China if they know that they have to pay 25% to bring their products back into the States. It's just not going to happen. America is the biggest consumer market in the history of this world, and we can use that buying power to build the most productive economy in the history of this world.

Steve Bannon (45:11)

Spencer. Spencer, hang on for one second. Can you hang with me? I think we're getting here. We're going to cut. Can we cut live? Let's cut live right now to the East Room. Here we go. Gotta cut that off.

Eric Bolling (45:38)

Well, thank you very much. It's a great honor. Great people. A lot of Irish friends right there. A lot of very, very good Irish friends. But thank you all for being here. Even even though it's still a few days away, I want to be the first to wish each and every one of you a very happy St Patrick's Day. It's a big day, and as a lifelong New Yorker, nobody knows the Irish better than me. I know too much about the Irish. So let me begin by saying I really do. I love the Irish. I've had great, great friends over the years, and I love the Irish. Special people. And I've been to Ireland many times. I have a lot of property in Ireland, actually, and it does very well. So I like it. If it didn't do well, I wouldn't like it. But I'm always struck by the awesome beauty of the Emerald Isle and the strength and warmth and grit and grace of the Irish people. Very few people can compare. Today, we're delighted to welcome Taoiseach Michal Martin. Very special man, doing incredibly well and very popular, and his beautiful wife, Mary. And I want to thank you both for being here. The first official visit to the White House. So thank you very much for being here with us. Thank you. Thank you. I also want to extend a special welcome to Ireland's Ambassador to the United States, Geraldine Boom. And you. Where are you, Geraldine? There you are. Geraldine Byrne Nation. And you're going to be working with this gentleman right here. He's a very Great golfer. One of the best golfers that you'll ever see. He'll be playing golf all day long with. He'll take clients out to play golf, but he's won many, many club championships. And Ed Walsh, congratulations. Great, great. Going to be great. We're grateful also to be joined by the members and many members of our Cabinet. Proud Irish Americans, Sean Duffy and Robert F. Kennedy, Jr. Where's Robert F. And Sean? Hi, Bobby. I knew that. Let's see, Duffy we knew. And Kennedy, we knew. Some of you, I wasn't as sure. Pam Bondi. I don't know. Are you Irish? Are you Irish with that name? Name. I can't figure that out. She's doing a hell of a job, I'll tell you that. Attorney General Pam Bondi. Secretary of Energy. Secretary of Energy. Chris, right now you're doing a good job. You see, the oil is going down. It's going down $65 a barrel today. You're doing better than I even thought, because everything else is going to be coming down with it. All those expensive goods that you had to suffer with for four years, they're all coming down. Energy leads the way. Thank you. Good job you're doing with our friend. Right. HUD Secretary Scott Turner. You're not Irish. Scott. Where's Scott? Give me a break, Scott. You know, I want to be politically correct and not mention it, but I'm going to say, how much Irish do you have in you, Sean? I don't know. He said zero. That's right. Secretary of Veterans Affairs, Doug Collins. Thank you, Doug. You're Irish. EPA Administrator Lee Zeldin. He's one of the most important guys. He's going to get those approvals. A nuclear power plant will take less than two weeks to get approved, right, Lee? It used to take 15 years. We're going to do it in a couple of weeks. U.S. trade Representatives Jamison Greer. Where are you? Jameson. Jameson, Greer. Thank you, Jamison. And I also. There's a very special man here that I've been watching a long time. One of the greatest dancers ever in the world. Michael Flatley is around here someplace. There's nobody like this guy. Great, Michael. I've watched him. Radio City. I've watched you a lot, Michael. Whose feet, the way they moved. I don't know how the hell you do it. Can you still dance like that or is Father Time caught up? You know, Father Time has never lost. You know that, right? But you're doing. You're doing great. You look fantastic. Also with us are Representatives John McGuire. John. Hi, John. Good. Bill Heisinger. Bill. Thank you. Ronny Jackson. Doc Ronnie, as I call him, even though he's a congressman. Special guy. John Joyce. John. Thank you, John. David. Joyce. David. Thank you. And Guy Resens. You know that Resenshaler. That's actually the way you pronounce it. You know, nobody else gets it right. I got it right. But it's a. It's a hell of a name. And despite that, he's very successful at what he does we. Which is politics. And he's a great guy. Thank you, Guy. We have come together to this beautiful White House this evening for the annual shamrock ceremony. A living symbol of the long and unique friendship between Americans and the Irish. And we're always going to have that friendship, just like we have a great friendship. We'll always have that very special friendship. This wonderful tradition dates back to 1952, when the first Irish ambassador to the United States sent President Truman a box of shamrocks as a gesture of goodwill. You hear that, Walsh? The first. You're not the first. You're. I don't know what you are. What number are you? Do you have any idea? It's been a long time. Right? Let's see. I could figure it out pretty easily. The bond between our nations as the old America itself. And it is as old as our country. So many Irish volunteers risked their lives in the American Revolution. And George Washington described Ireland as. As the friend of my country in my country's most friendless day. Meaning Ireland stuck with us when we were not doing so well, when it was looking pretty bad. Irish heritage gave us the boldness of Andrew Jackson. I didn't know Andrew Jackson was Irish. The brilliance of F. Scott Fitzgerald, Henry Ford and Walt Disney. And the leadership of the late, great president Ronald Reagan. It was men and women of Irish descent who built the hallowed halls of Notre Dame University. Notre Dame is great. What a great place. The legend of the Boston Red Sox and the golden arches of McDonald's. That's right. Today, one in every 10Americans trace their roots back to the old country we're discussing. We have 5 million people living in Ireland, but we have 35 million people living here. Right. Of Irish descent. That's a pretty interesting statistic. I'm looking at all these great dancers over here. You are very beautiful. Are you all great dancers? Is that right? Look at that. Young. Great dancers. Wow. That's great. Did you perform for the group you before? Because I heard somebody was doing really fantastic. They said, these people are fantastic. I didn't get to see you. Do you want to do it again? Well, we might have them do it again. I heard you did a fantastic job. Thank you. As we celebrate Irish American Heritage Month, we're grateful to be joined by hundreds of these proud patriots right here today. And I know them from personal experience, that many of the people that we have here, they're just fierce. They have fierce Irish flame, we call it. You never give up. You never, ever give up. Oh, I even see Don. Hello, Don. You are Definitely Irish. Don McGahn. You are definitely an Irishman. There's no question about that. But you never give up. We will never give up, ever. Right. For the young ones, ever. Because you never know what's going to happen. You know, it's just a little. A little bit more effort, and you get there. Look at what happened to me. A lot of people said this was not a possibility. He said that was going to be a tough race and we won in a landslide. And let's keep it that way. Right? We're having a great time bringing our country back and bringing it back at a level that people had no idea was going to take place this rapidly, this quickly. And a lot of our great people that are secretaries and the people working in the administration are here, and they're doing a fantastic job. So I want to thank all of you. Five blocks east of where we are today, that spirit once helped save the very heart of the city's Irish American community. You all know about it. During the War of 1812, British forces rampaged through the streets of Washington, burning every building in their path. Every single building was being burned down. Almost everyone fled. But not Father William Matthews of St. Patrick's Church, which was built to serve the Irish workers who came to build the Capitol in the White House. They were building the White House and they formed a great bond, and they were doing the pretty, pretty important buildings, the White House and the Capitol. I would say that's about as good as it gets. As the fire spread, the priest and the group of his parishioners said that we're just going to have to barricade ourselves in. We're going to have to do something, because it's really bad. It's really dangerous in here. And inside the church, they climbed to the roof armed with only buckets of water. That's the only thing they had. And the other thing they had was faith in God. They had a big faith in God. They said, God will never do this to us. Risking their lives, they defended the church, and more than two centuries later, St. Patrick still stands as a beautiful testament to their incredible resolve and bravery. And the patron saint of the Emerald Isle. And that's what it is, St. Patrick. So we have St. Patrick's Day and we remember their courage. And we honor the bravery of countless Irish Americans who have kept our country safe, strong, prosperous and free. And I made a little talk with my friend right behind me before at the Capitol, and they gave me one statistic that they don't have here. I thought it was an amazing statistic. 50% of the people that won the Congressional Medal of Honor were Irish. Can you imagine? And I want to check on that because that sounds to me it's. No, it's just that I want to. Pam, would you please have that investigated? Because how is that possible? Seriously, how is that possible? I was very surprised to see that. Mary, would you agree that that's possible with the Irish? Anything with the Irish. Now think of it, the Congressional Medal of Honor is the. The highest award you can get in this country. And 50%, although you also have the Presidential Medal of Freedom. But I will say the Presidential Medal of Freedom, it's much easier to. I mean, you know, you get it for achievement in something, but you don't have to take many, many bullets. Although there has been one bullet that was. There's been one bullet that was not too good. I'm the only one, the presidential that got that. But think of that. 50% of the people that received the Congressional Medal of Honor had Irish heritage and were involved in some form with the Irish. And that's pretty good. That's a pretty big statement. In closing, I want to remember one more Irish American patriot. Our nation lost this week in 1979. Anthony R. Dolan. Some of you know that name. A lot of the people that work in the White House know it very well. Became the youngest ever Pulitzer Prize winner for his reporting on government corruption in Stamford, Connecticut, in 1981, he became the chief speechwriter to President Reagan, whom he served for eight years. That's a long time. That's the full time. Eight years. Coining the phrase evil empire, that was his word. That's a very famous. People aren't here. The evil empire was a very profound.

Steve Bannon (57:56)

You wish you could have invested in the stock market last year when investors scored the highest profits in decades. But between that mountain of bills and credit card debt, you had nothing, and I mean nothing left over. It's time to stop letting debt hold you back. Let me tell you how done with debt can help. They have a brilliant new strategy designed to tackle your debt and put cash back into your hands so you can save and invest and build the life you've been wanting. Done With Debt goes head to head with credit card and loan companies. Their team of negotiators and legal experts work to significantly reduce your bills, eliminate interest and erase penalties. This frees up cash to invest while the stock market is still hot. The bottom line is this Done With Debt helps turn crushing debt into financial freedom. That's crushing debt into financial freedom. But some of their strategies are time sensitive, so don't wait. Start building the life you deserve. Visit donewithdebt.com and talk with one of their strategists. It's free. Go to donewithdebt.com that's donewithdebt.com CurdHuman really trying to fill this gap of quality supplements and of course the beef liver being our flagship product. For those who don't know, beef liver is loaded with highly bioavailable ingredients such.

Chuck Schumer (59:21)

As vitamin A, B12, zinc, CoQ10, etc.

Steve Bannon (59:26)

And because it is 100% grass fed and natural, your body is able to absorb these nutrients far better than taking.

Chuck Schumer (59:33)

Any other synthetic multivitamin or any other.

Steve Bannon (59:37)

Synthetic vitamin in general. So we have some other amazing products, but if you'd like to check us out, you can go to sacredhumanhealth.com and cheers to your health. 700,000Americans every year. Yes, heart disease is the number one killer every year, year in and year out. Heart disease builds over time. Hypertension, high blood pressure, bad cholesterol, diabetes, all of it affects our heart. A healthy heart is key to being energetic. As we get older, it is never too early to take care of your heart. You see, heart disease sneaks up on us. You can start in your 30s and when this happens, you're at serious works by the time you turn 60. If you want to take care of your heart and those you care about, please go to war roomhealth.com that's war room health.com all one word war roomhealth.com use the code war room at checkout to save 67% of your first shipment. That's code war room at checkout to save sixty seven and do it again. War room health all one word war roomhealth. Com go there today if you're going to be part of the posse. You need a strong heart. You need a lion's heart. How we're going to do that is with salty. Go there. Do it today. Check it out.