
Episode 4359: Stripping Private Law Firms Out Of The Governments; Where We Stand With Our GDP...
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Unknown Analyst
Saturday, the president issued a memorandum called Preventing Abuses of the Legal System and the Federal Court. And this was President Trump saying that his administration, the attorney general and the secretary of the Department of Homeland Security could decide on their own if legal cases filed by certain lawyers or law firms were frivolous. And then what's extraordinary here was that they could then enact sanctions against the law firm. And one of the key things that came out over the weekend was there was this criticism of a law firm that sort of settled with Trump, Paul Weiss. They were one of these law firms that were targeted. And it wasn't just that, you know, the Trump administration talking about taking away Paul Weiss's federal contracts. They said that any company that continued to work with Paul Weiss would have its federal contracts taken away. And the head of that law firm said that he settled with the White House because they were going to be forced out of business. Steve Bannon said last week the goal is to bankrupt law firms that challenge this administration. No president has done this. Ronald Reagan didn't do this. George H.W.
Steve Bannon
Bush.
Unknown Analyst
George Bush didn't do this. And so it's. It's just unprecedented and alarming to a lot of lawyers and legal experts.
Unknown Legal Expert
So the head of Paul Weiss, and this is the firm that Trump had leveled an executive order against that essentially had crippled the firm's ability to do business, sent a long message to his staff, to his fellow attorneys at his firm on Sunday, and it was the second time since Thursday that he had sent out one of these. And in that message, he tried to explain why was it that he had gone into the Oval Office and made this deal with Donald Trump to end this executive order. He had taken a lot of heat about it in the press and in the legal world for doing this. And that was especially acute because he himself had been such a prominent Democrat. He was someone who raised money for Joe Biden. He was. His firm had helped prepare Kamala Harris for the vice presidential debate. And he himself had tried to harness the powers of the legal community against Donald Trump when he was president during his first term. And in his message was a pretty revealing claim. And that was that even though judges in, you know, the federal level, or at least one judge has said that this executive order is no good, it was too risky for the firm to actually go to court to fight that, because they would have lost their clients, that the firm's clients would. Would have thought that the firm was Persona known non grata with the government, was out of favor with the administration, and it would take its legal work elsewhere. And to me, it showed a remark power that Trump has developed in his executive orders that he was able to get a firm that easily could have gone to court to fight something to instead go to the Oval Office and make a deal with him, a deal in which they committed to giving $40 million in pro bono legal services to causes that Trump himself has championed.
Unknown News Anchor
Front pages of the papers today, you've got the New York Times. The Times has a picture of the pope on the front page. Also talking about how disturbing it is that law firms that may agree with the president being targeted. David Rhodes here to talk about that. Also, Wall Street Journal editorial page at the top gelling of Erdogan rival spurs protests in Turkey and really does. And also very interesting, a headline right here that's really we also are seeing in the Financial Times this morning, too, that people are starting to park their money outside of US Stocks or go longtime fans of US Stocks are parking their money elsewhere. This is on the front page, the Financial Times Trump tariff Trimmers Shatter Wall Street's Faith in American Exceptionalism. It's something that we were talking about on Friday, and it really is remarkable what a couple of months difference makes. I know you, Mika. You saw when I came back from, from Britain, came back from Europe, and I was talking about how they were in awe of our economy and in December and just saying, my God, there's no way we can compete with you. You have all the animal spirits. We've lost all the animal spirits. It's really, it's just the opposite. Now, I was speaking yesterday, a man who has an American who has business in the US but also in Germany, and just talking about the fact that in Germany, things have been so flat, but now they're waking up to history and understanding the United States doesn't seem to want to be there to help them out.
Steve Bannon
So, no, the chilling effect is already there. Even if indeed a judge does step in, a court does step in, the message has been sent by this White House, if you defy us, we're going to make your life miserable. Now that these law firm like this clients, that law firm now may think twice, do we really want to work with them? Maybe we'll go somewhere else now, somewhere less controversial. So there could be a real issue for that law firm. There could be a chilling effect elsewhere in the legal community. And Mika, we talked about this on Friday as well, but this is one of the top examples just about, frankly, how much more clever the Trump administration is being this time around in terms of using the levers of government, the levers of power, creative ways to get that retribution, to get that revenge and to defy others, to challenge them. This is the primal scream of a dying regime. Pray for our enemies because we're going medieval on these people. I got a free shot on 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.
Roger Kimball
And where do people like that go.
Steve Bannon
To share the big L MAGA media. I wish in my soul, 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.
Roger Kimball
War Room here's your host, Stephen K. Banner.
Steve Bannon
It's Monday the 24th of March in the year of our Lord 2025. If you defy us, we will make your life miserable. It's not about defying and it's not about having what they say had some disagreements. This was full on the legal apparatus of this country which is completely run by left wingers and Paul Weiss. And this is what I love about this. We're getting, we're now getting down to it both on the financial side and on the legal apparatus and taking on the administrative state and the deep state. President Trump has a full on assault on the elites of this country in the elite institutions that have turned against the American people and demonized the American people, made their lives miserable, made their lives economically much harder, took away the futures of their, of their kids. He's now turned around and he's going after that hammer and tong and they're folding. They're not powerful when you confront them. CNN has an entire, has an entire article from Stephen Collinson who is the smartest guy over there. Never see him on camera. Don't know why that is hiding but he's talking about Trump's going and he goes through every part of the elites. It could have come from the script. In fact, I think he, he lifted that from, he must watch War Room because he's lifting it from war Room. But that's okay. We needed to get out to the CNN crowd. President Trump full on. The Cabinet meets at 11. This alternative cabinet meets at 11 o'clock. We will go live there to see if President Trump does one of his open ended press avails. When the cabinet's seated. House is back at noon. Senate's back, I think this afternoon or this evening. They now got to deal with all the issues they've left open, which is basically everything. President of two things also over the weekend. And finally the Secretary of Commerce. Somebody benched him, thank God. He needs to do more commerce. He should be focused on the reciprocity tariffs. On the second, the biggest single geoeconomic pivot in the history of the United States industrial policy since the early 20th century. We don't need any more comments on him on Social Security. Elon Musk is going to be at the Cabinet meeting day. I think the first question has got to be on fraud, on Social Security. Very straightforward question. What he found on fraud, we need to know, even directionally, because the judge is calling out that we haven't found anything and you're causing a ruckus. And polling on this is not great. So we have to know if the political pain is worth, if the candle's worth the game. I assume it is, but we need to start putting some facts to that. Also in the House there's a decision to be made and Mike Davis, I think people are thinking through. Is that what the House is trying to do? Because remember, they always want as little confrontation as possible. They're backing this Darrell Issa bill that would have set up this. You know, you can't have these judges, these rogue judges, give nationwide blanket injunctions or TROs. You go to Rhode island, you go to San Francisco, you go to these left wing places, get a judge, it shuts down the whole country. Yes, that's very important. But that's in lieu of. They want to pivot away from the impeachment of the, of the judge, of the judge that's in charge of the national security issue. And now we got Venezuela taking planes. And people should know President Trump's still sending planes full of terrorist criminals. John Solomon's got a big story up of how that judge went to Idaho, went out to some conference, a junket. As a judge full of Trump haters put on by Trump haters. Never Trumpers and Trump haters. He goes as a federal judge, his conflicts allegiant. Laura Loomis has done such a great job. Not simply his wife, but his daughter. You got another Mershant situation also just for. And we know he's not going to be removed in the Senate by trial. It's not the point. Trust the process. The process itself will send a signal to this radical judiciary you're not untouchable. In fact, you can be touched. That's why this Paul Weiss situation. You have these law firms that control the nation's capital. And they're so embedded now because they're quasi private equity. The quasi private equity. Paul Weiss's revenues for a law firm. These are guys, a bill by the hour, folks. Supposedly $2.6 billion. And I want to congratulate Boris Epstein and the team that is working on this also in the government for coming up. Remember, Boris had to put together a pickup team for two years. Why? The law firms fired Trump and fired all the people around. Trump said, we can't represent you. Why? Because, oh, our clients said that we do. You're bad people. So they blame the clients. That's what I love about the executive order. You know what the executive order said? We're stripping your security clearance. We're stripping you of any government contracts. Oh, by the way, any client, any client that still continues to retain you will lose their government contracts. There's a big, big controversy over the weekend that the Democratic law firms didn't stick together. Paul Weiss had had these guys in unison before. They didn't stick together. Why they started going after Paul Weiss's clients. That's when Paul Weiss, the firm surrendered. I cannot emphasize enough how big this is to shatter. And the head went down as a supplicant. One of the biggest Trump haters, President Trump said, hey, why don't you come down, let's have a meeting. Let's talk about this face to face. Where he signed the surrender document. And now you got these grundoons in the law firms, these associates sending emails out. I need over at Scaddin Arp, some young woman, I need to know immediately if you're going to kowtow because this concerns my two weeks notice. Hey, baby, don't take two weeks notice. Go now. Leave now, because all those firms are going to be out of business. President Trump is on a full on assault of the elite. Capture of every institution in this nation and they fold immediately. He threatens to take the money away from Colombia. And just a taste, it was $400 million. They get billions. 60% foreign students. Your kids don't have a shot. All these universities, all these institutions, your taxpayer dollars, your kids are on the carrier. Battle groups and then the Hindu Kush and in Romania with the 101st on Okinawa, with the Marines in Korea everywhere. Your kids, sons and daughters protect them. Your tax money goes to underwrite it. Your pension money goes to finance it. You are the guarantor of all this and you're abused by these elite institutions that go out of their way to screw you and your children. That day's over. Trump is like Thor with a hammer. The lesson that we should take if they're confronted and exposed, they will fold immediately because they're gutless cowards. For too long. This is why the media has folded. For too long. They've had all the power and rubbed your nose in it. But when we take power back and turn the guns on them, they're not that tough. They're a bunch of gutless cowards going all out of this way to destroy this nation and destroy working class people. And now you've got cosplay. Bernie and AOC Cosplay run around phony populism. Hey, you can't have populism if you are part of the problem that allowed 10 million illegal alien invaders here to destroy the wages of Hispanics and African Americans. You're as phony as you've ever been. Short break. Back in a moment. 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. 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Unknown Analyst
Today the President issued a memorandum called Preventing Abuses of the Legal System and the Federal Court. And this was President Trump saying that his administration, the Attorney General and the Secretary of the Department of Homeland Security could decide on their own if legal cases filed by certain lawyers or law firms were frivolous. And then what's extraordinary here was that they could then enact sanctions against the law firm. And one of the key things that came out over the weekend was there was this criticism of a law firm that sort of settled with Trump, Paul Weiss, they were one of these law firms that were targeted. And it wasn't just that. You know, the Trump administration talking about taking away Paul Weiss's federal contracts. They said that any company that continued to work with Paul Weiss would have its federal contracts taken away. And the head of that law firm said that he settled with the White House because they were going to be forced out of business. Steve Bannon said last week, the goal is to bankrupt law firms that challenge this administration. No president has done this. Ronald Reagan didn't do this. George H.W. bush. George Bush didn't do this. And so it's they didn't do it. Unprecedented.
Steve Bannon
They didn't do it. It's unprecedented. They didn't do it because it was all controlled opposition. And the reason Ronald Reagan didn't do it is because Jim Baker and that Bush crowd were running the deal. And he's part of this big law firm, big law firm guy. If your clients continue to retain you, we will pull their government contracts. Boom. This also shows you how many are on the title. This is. Ed Dow is going to join me, Scott Besson. Finally we went on offense. Finally, we went on offense over the weekend with Scott Bessen laying out exactly the debacle that Biden has left the country, left working class people. And AOC and Bernie, who voted for all of it, had the gall to run around and now they're all against the billionaires. They're all against the oligarchs. You created the oligarchs. You underwrote the oligarchs. You're the oligarchs, bitches. So don't sit there and tell me how populist you are. Listen to Bernie's speech. It's so phony and delivered with so little energy. So all the Bernie bros. You want to sign up for that again? It had two shots of the Clinton mafia, the Clinton neoliberal neocon apparatus. 2 shots, 2 clear shots, 0 for 2. Totally and completely phony. Of course Trump's going after the institutions of the elites because the elites have sold out this country and used the institutions to suppress the American people and the American worker. Full stop. You heard any of that in Denver and Tucson and Tempe? You heard any of that? They're the controlled opposition for the elites. AOC and Bernie continue to skip around, go around, go, go draw your crowds. It's all fine. Good. It leads nowhere. It leads you to the same cul de sac. Axios has got the Has a report of how deep, how bad it is for the Democratic Party to look for in the internal polling. You're going to go after the oligarchs. You are the front folks for the oligarchs. They hide behind you as you back them with legislation, as you back them with executive orders, as you backed them with spending. As soon as Trump, you go after the law firms. As soon as you tell them you're pulling their government access to government contracts and their clients, this is the brilliance. And their clients access to government contracts, they collapse. They ain't so big and ain't so tough, ain't got that government money. And that's going to get back. You're going to have so much smoke blowing up your keister in the next couple weeks about spending and cutting spending and doing everything with spending. We're not going to get rid of inflation, you're not going to get rid of this debacle, you're not going to rejuvenate Main street until we stop this massive government spending. Maybe the way to do it is just raise the billionaires taxes and the corporation taxes. Say, hey, here's what we'll do until we get to a balanced budget. We'll just, we'll, we'll raise your taxes until we hit balance, balance budget. We'll do that. Okay, we'll do that. And, and when we, you know, until, if we get to you start taking your taxes down as you get there with growth, you got to put the fear of God in them. That's the lesson last couple days. Columbia, big, tough Columbia. Oh, we're going to do this. We're going to do this. We don't care if we got these Muslim Brotherhood punks trying to shut down, you know, burn the American flag. Trying to shut down the university. University at 60% with government basin dollars. Your taxpayer money. 60%. Foreign students. You know, I love the fact that we have foreign students here, but hey, just like H1B visas, maybe you got to take a time out. Let's fill that place with American citizens of every color, race, ethnicity. Let's fill it up. Let's get all there. Let's get them American. American citizens. Not on a student visa. American citizens. Let's do it across the country. Let's try it. Why not try it for a year? So the universities are hurting for money. Guess what? Cut the salary of the tenured professor's making too much money anyway. How do I know they're making too much money? Because none of the kids can pay back the student loans. And not learning anything and go out in the world and actually be productive. Let's do that. Just have all. Just take a year. American citizens only. How's that? You can get federal money, you can get taxpayer money if you got 100% American students. I'm not against the foreign students. What I'm against is public institutions that you pay for that have 60% foreign students. Your kids don't even get a shot. You underwrite it. Your pension fund money finances it, your life insurance money finances it. And your kids, they send another carry battle group over to the Red Sea for the Houthis to shoot at. Who's on that? Well, trust me, I'll tell you who's not on that, and that's the punks at Columbia, the American citizen punks at Columbia. And who's shooting at it? Some of the foreign students or their acolytes or people that have affinity to their beliefs. I can tell it by looking at it on the commons. President Trump is a full on assault. And they're pushing back. That's what this judge's insurrection. Because they control an elitist institution of the law schools. They control the big law firms that are all stocked by the top law schools. It's a whole system. It's a whole system and that judge at the top. And that's why I say, hey, I love Issa. But if it takes away. If Johnson's going to use that to pat us on the head, we don't need a pat. Let's go full impeachment. Why not? Let's just get it out there. The impeachment process itself will expose it to the American people. John Solomon's stories and Laura Loomis stories and all this investigative reporting will be out there in the public record. And we'll get primetime coverage right there all day long. Let's see what they're like. Don't hide from it. Run towards it, Grasp it. If our history of our movement shows us anything, we're winning when we're on offense. What's this crouch position? I'll tell you right now, it's not looking good in Wisconsin. It's not looking good down that Florida race for waltz's seat. Why we're in a crouched position. It's time to go back up and get on offense like we were in the fall of 2024. We're proud of this, but it has to be for the American people, for the American workers. We got to get some semblance of order in this thing. We have to see where the Cuts are even directionally. Just tell me directionally with 50 billion, 100 billion, 10 billion. Judge is saying on Social Security we're at zero. I know that's not true. So let's do it. Let's get it on the table. That's to me a big item of the cabinet meeting ought to be that. And also the White House make a decision. Do you want it back to ISA bill? Because they're not. The House can't handle two. They got the ice up is to deflect from the impeachment or are we going to be Trumpian and let's go, let's impeach the guy. He's trying to step in the middle of him being of the president being commander in chief. Hell, Venezuela is taking the planes now. And Tom Homan said, hey, they're not going to listen to the judges are going to roll. So if we're going to have a constitutional crisis, let's just have it now. Why wait? Roberts and acb, they don't want to handle any of this stuff. The ones they've done so far, they've kind of deferred to the opponents. Why, why, why, why delay this? Why push it back? Confront it now. Confront it now. Confront it now. The history of our movement all shows that every time we confront it, 75% of the time we win. And even when we lose it, just temporarily, we got resilience, we're anti fragile. Okay, so he would. The Supreme Court wouldn't take it. We'll figure out something else. That's the power of this movement. It's relentless and it's growing. And what feeds it is being on offense, taking down these institutions of the league. This is what they're saying over the weekend. The Brain Financial Times of London. Oh, it could be the end of the dollar empire. Wow. Where they get that from? Just pure crib. From Bersch Cole and Stephen K. Bannon in the war room. Very deep thoughts. It could be the end of the dollar empire. You know what they put it all to? It's classic what the elites do. Because at post war we had Bretton woods and we had the IMF and we set up the World bank and we set up NATO as a system of alliances and institutions. Yo, dude, if Biden hadn't had 9 trillion, which EJ and Tony's put it today had $9 trillion of spending, a deficit and driven purchasing power of the dollar down 22% in four years. It doesn't matter if you got great institutions or no institutions. It's not an institutional thing. That's you once again trying to sell the post war international rules based order. This comes down to federal spending. The reason that the BRICs are around, the reason they're talking about a potential gold back collection of securities ain't because the World Bank's not giving them free money. Not because the IMF's not out there screwing everything up, not because the NATO's that the European elites not have put any money up for their defense. I could go on and on and on about your phony argument about institutions. It's because of massive federal spending, massive deficits. They have to refinance $10 trillion this year. Scott Besant's got to sell. The purchase power of the dollar is down 22% to these people. They're smart enough to get that. They don't care about the World Bank. Yes, that's more money laundering by the elites. Every one of those institutions a money laundering operation, whether they work or not work, is not the thing itself. The signal is the massive federal spending. What it got the companies to run for the exits. What got the law firms cut them off of government contracts. Oh my God. It's the end of the world as we know it. Everybody's got their snout in the trough. A trough that you underwrite and is used to destroy you and your children and your country. How well do you sleep at night? Real peace of mind comes from knowing your family is prepared for anything. My Patriot Supply, America's most trusted name in emergency preparedness, is offering a time limited discount on the bestselling three month emergency food kit. Now this is the basic the three month emergency food kit. This isn't your typical survival food. Each kit provides over 2000 calories and 100% of the recommended value of 12 essential vitamins and minerals daily for 90 days with delicious meals and extras including chicken, beef, fruits and veggies. 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The end of the dollar empire is not related to elite institutions like the World bank, like the imf, like NATO. On and on and on is tied to Bretton Woods. Are we going to be the prime reserve currency? It's time to have a national debate about that in the Federal Reserve. I know that, you know that. But the reason they're fleeing it is the 22% drop in purchasing power. These people are not fools. They're quite smart. And they all have people went to Harvard, Stanford, University of Chicago. They got them. And they know how to work in HP. 12C can give you net present value, discounted cash flow. Let me see, boss. Let me do this. Let me put this in there. What the Americans are spending deficits. 2 trillion a year, 37 trillion of debt and they go, let me do this quickly. We're getting screwed. They can do that. So they're trying to sell you constantly why these institutions are good for you and your kids and your country and your community. Constantly trying to sell you. Look around, see what you see. The French poet said, see what you see. Don't have a reality distortion field in there. Don't walk around asleep like a bunch of sheeple awake. You're an army of the awakened. You're an army of the awakened. And Trump is a battering ram against the elite institutions that have destroyed this republic. The lawlessness of lawfare. Look at when they're on the, you know up there saying this is terrible. You know they're using these. They could use this law. Look at what you did to the American people for four years. You ain't so tough now. You're groveling for government contracts. Paul Weiss and all your highfalutin high moral order. You know, you end democracy. Defenders of democracy, all they care about is putting their snout right in the trough. As soon as you mentioned they ain't getting government contracts. And guess what? None of their clients. Genius move forever thought that one up. Genius. Not just you, but anybody retains you is going to be eligible for a government contract. Do you see David Rose say that? It's almost like he had a heart attack. This is the way you only you only. You only beat him by hitting him upside the head with a two by four. That's a metaphor. Don't want to put their heads on pikes. Metaphor. Metaphor. Oh, so good. Just don't back off. All gas. No break. Impeach this dude. Don't sit there and get. I'd love the fact, yes, the thing of the rogue judges, and that's important, but it's not as important as putting somebody through the process. You put one through the process, they're all going to be sheep. Put one through the grinder. Let's put the guy that tried to become. Try to step between the Commander in Chief and his duty of the national security of the United States, of which I don't know, the polling's 80, 20 that we're winning on this one. I think we want that one. Let me see, let me pick A or B. I'll take B. Don't deflect, Johnson. Grow a set and let's come in and let's boom, let's get on it. Roger Kimball, you've been around the neighborhood a while. Is Stephen Collinson right at cnn? Is this a? Is this a. This is the biggest assault on elite institutions since at least Andrew Jackson, Sir.
Roger Kimball
Well, reading that piece, I couldn't help but laugh. It's. It is a perfect epitome of the ethic that only we are allowed to do these things. You can't do that. Only we are allowed to do these sorts of things. It's a kind of Mary McCarthy sort of essay. You remember that Mary McCarthy once said about Lillian Hellman, the playwright Lillian Hellman, the communist playwright, Lillian Hellman, that everything she said, including the words and, and, but, were lies. That's what this piece is like. I mean, it's hilarious, really. I mean, beginning with his deployment of the word elite, what he means by elite is credentialed. It's the credentialed class. It's the class that has abrogated to itself all of the societal perks and power and they feel like they are in charge. So, for example, you were mentioning Colombia earlier. Somebody organized a joint letter signed actually by some people who I know and respect. I'm surprised they signed it. They basically said the government may not threaten funding cuts to pressure recipients into suppressing viewpoints and so on. Well, what has the government been doing ever since, you know, the Great Society, Title 6, Title 9? They said, if you don't do these things that we want you to do, that, you know, transgender bathrooms, having women in sport, men and women's sports, and on and on and on. We'll take your funding away. So that is exactly what Donald Trump is doing here. They said, you know, it's not McCarthy. You know, the New York Times had a piece of this is the McCarthyite tactic. No, it's not. He didn't say, you're not allowed to say these things. It's just if you do, you're not going to get government funding. Quite right, it seems to me.
Steve Bannon
Exactly.
Roger Kimball
And then, you know, I mean, this is actually, it's an extraordinary. I might write about this essay. I mean, every single line is either a lie or a misrepresentation of what's going on. He said, well, the Trump administration's trying to disempower the federal judiciary. No, it's not. The first line of Article 2 of the Constitution says, the executive power shall be vested in a President of the United States. One doesn't say a President of the United States taking hints from district judges in Tennessee or Seattle or Washington. No, it's a President of the United States. And I mean, the author of this piece talks about alleged gang members. Well, they're not alleged. They are gang members. They're not migrants, as he said, they're illegal immigrants who are raping and murdering and assaulting Americans. Among my little cabinet of world leaders, who I admire, Mr. Bukele is top of the heap. He completely revolutionized El Salvador. It used to be one of the most dangerous countries in the world. Not anymore. He put him in jail. And I'm glad that these guys from Venezuela who were here trying to assault Americans, I'm glad that they're in that jail. And I don't see how, where this district judge, where all these judges, where do they get the jurisdiction to say that they can impinge upon presidential power, executive power? They somehow feel that if they're sufficiently anti Trump, that makes them susceptible to, you know, acquiring little bits of executive power, but it doesn't. I mean, it's an extraordinary piece, and I'm glad you called my attention to it, every line of it, you know, right down to the insinuation of the argument ad Hitlerum. Toward the end. He talks about dark parallels between the Trump administration and the tactics of strongman leaders like Viktor Orban has transformed his country into, you know, one of the greatest countries in Europe now. It's an extraordinary piece.
Steve Bannon
You're at the forefront of these institutional. And how important it is for President Trump to leave our mark, the populist, nationalist mark on our institutions, particularly Kennedy center and other institutions of high culture, just as an update. So President So, Vice President. So President Trump goes. Do we have the President Trump piece at Kennedy Center? Is that ready? Not yet. It is ready. Can we. Let's play Trump at Kennedy Center. Okay, let's play this clip. And I'm bringing the seats, the decor, pretty much everything. Needs a lot of work. Mr. President, Vice President got here at the Kennedy center for the under. I don't know about that. He's the most popular vice president we've had in years. He's done a great job. I don't know anything about it. I figured you'd ask a question, Mr. President. What are we talking about price wise to renovate, bring it up to. Oh, we're looking at that. Whatever it is, I think, you know, it's such an important part of the fabric of the country and of D.C. and so we want to do it right. We'll do it right. We'll do it once. So you want a little picture like this? Perfect. Go ahead. Are you guys ready? Come on. We're good, sir. That would be great. Perfect. Thank you. Press right this way. President Trump, very subtly there, sending the message goes very subtle from the presidential box. Roger. It was very important for President Trump to go, and he's now chairman of the board, Rick Grinnell's president. But just the trend line. So you know that, you know, J.D. the vice president, went with his wife, the second lady, on last week to see the symphony, and they were booed, booed by the paladins of the Ministry of State. However, I've got breaking news. Sergio Gore and his posse went last night to the Mark Twain awards where Conan O'Brien got the award. And they weren't booed. People just glared at them for 20 minutes as they walked into the administration's box. So the trend lines. How important is us for Take culture back, sir?
Roger Kimball
I mean, it's, you know, you mentioned Andrew Breitbart earlier. Breitbart was right. Politics is downstream from culture. We need to recolonize American culture, restore it. And, you know, the Kennedy senators is one beachhead. I mean, I thought it was hilarious to return to this CNN piece that they talked about elite bashing sentiments that Trump is expressing by, for example, naming Robert F. Kennedy to his position. And then they add, of course, a vaccine skeptic, not really explaining what Kennedy's position on that is, but the idea that Robert F. Kennedy is a member of an elite bashing coterie is hilarious. And the idea that somehow Trump's, whatever he's going to do at the Kennedy center, that he is attacking a bastion of high culture is ridiculous, too. I mean, this is the place that has drag queens for divas and that sort of stuff. It is a playground for the leftist credentialed class. And it would be nice to take that playground back for our own. I mean, again, I just want to stress that the people should understand that what is actually happening now is the reason that the left is so up in arms is that they're not used to this. Only we are allowed to do these things. They say you can't do it. Only we are allowed to do this. But Trump has. Has taken a different page and he's doing it to them. Good for him.
Steve Bannon
Roger, where do people get you? Where do they get your writings, your columns, your social media, all of it?
Roger Kimball
Oh, yes. Well, I'm at Roger Kimball at Twitter or X and I write for a bunch of places, so, yeah. There you go.
Steve Bannon
Thank you, brother.
Roger Kimball
Great. Take care, Steve.
Steve Bannon
No better way to kick off the week. Thank you, sir. Roger Kimball, was it? Andrew Breitbart, run towards the fire. Andrew Breitbart said, cultures upriver from politics, run towards the fire. It's got that great. In fact, the engine room sent that. Look at that right there. Is that amazing. Andrew Breitbart, head toward the fire because you'll set an example that you're unafraid. That's what we need right now. Not that we need to be reminded of that. Fix bayonets. We got a lot of work to do, all the work to do. And this audience can do it. The history is you've done it before, over and over and over again. Short break. Back in a moment. 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 here's your.
Unknown News Anchor
Host, Stephen K. Ban.
Steve Bannon
Can we put that Andrew Graphic back up? The Andrew Graphic was, you know, go towards the fire, right? Go towards the fire. You will inspire other people. That's the philosophy of maga. That's the philosophy of war room. You inspire other people. And now we're in it both in Wisconsin. You got this race down in. You got this race down for waltz's seat. They're both on April 1st. You got the reciprocal tariffs the next day. If we don't do well on the 1st. You wait till you see the media onslaught and the reciprocity of the tariffs are what is looking out for Main street and for jobs. Hyundai $20 billion. Another factory, big one in Louisiana announced this morning. I'm going to go through those tomorrow. Just a capital investment from major companies. Not hedge funds, not sovereign wealth funds, not Masasan. I'm talking about big corporations that are doing this. We need you at the ramparts. We need you at the ramparts next couple weeks. That's why home title lock. You cannot let anybody get access to your title. 90% of your net worth is. If you're fortunate enough to own a home, 90% of your net worth or 80% of your net worth is tied up in that HTL. Hometitlelock.com has triple lock protection. The triple lock $1 million triple lock protection. 24. 7 coverage alerts even in the middle of the night. If anybody's messing with your title and if all else fails, a $1 million restoration project to make sure that you get it back. Go check it out today. Hometitleock.com Steve25 Natalie Dominguez and the team is there prepared to answer all your questions. Get the receipts, get the answers, get it today. Go check it out. Scott Besant. We finally start going on offense over the weekend economically to lay out actually what the case is. Let's play Secretary of Treasury SC God Bessant Ed D is on deck. Let's play it.
Unknown Analyst
I think you have a better beat on the fact that this data is not as reliable as other administrations would say they were in order to do whatever it is they wanted to do anyway. So it's sort of like, let me just find the data that justifies what my action is and part of why you can't, I think, tell this story is, do you trust the GDP numbers? Do you trust non farm payrolls? Do you think these are reliable enough for you to act on behalf of the United States?
Steve Bannon
No.
Roger Kimball
Look, they're subject to big revisions over time. And I thought one of the big mistakes the Biden administration made, and thank goodness they made it, was they refused to. They went with the numbers. Not what the American people were feeling. They said, no, it's a vibe session and you really don't understand. How could you have it. This has happened. This has happened.
Steve Bannon
Okay. One of the ways they're misstated Ed Doubt is here. You've got your econometric model we're going to talk about, and we're going to hold you through the break. Cabinet meeting supposed to start at 11. I don't think they're quite moving around yet. We're going to jump in there live if the President opens up to media, which we hope he does because it's always great on some of the Q and A. So we're standing by. But we have Ed Doubt and Carrie Lake. Ed's with us. Kerry Lake's coming up. Ed first, right there. The Biden, they always have, they always put out and they always go back and recast the labor number. But the GDP number is also phony that they gave us, number one. It's phony is that you do have to go in and look at gdp, I think without massive federal spending, when you're running these kind of massive deficits. Your thoughts, sir?
Ed Dowd
I totally agree. Look, what Scott was referring to during 2024 was the fact that GDP numbers were positive. But when we look, peel back the onion, it was illegal immigration, which is a huge elephant in the room. New economic variable. You can't bring in 10 million individuals officially. That's the border encounters. It's probably more like 15. Funded by NGOs and giving government goodies and not affect the economy temporarily. So that and government spending, in addition, government payroll jobs added. The real wage growth was -2% going into the election for the middle class. That happened under Ronald Reagan. He was elected in landslide. Bill Clinton had the same dynamic in 92. And so despite the rosy GDP numbers we had last year, the real average person was feeling it in their wallet. And that was why one of the major reasons why Donald Trump swept in there. So Scott Besson's absolutely right.
Steve Bannon
Walk me through that one more time. Just hit that again. What was that? I just want to make sure I understand it.
Ed Dowd
On the real wage growth.
Steve Bannon
Yep.
Ed Dowd
Yeah. So basically, if you look at real wage growth, it was minus 2%. And every time it hits that number, there's a presidential change. 1980, real wage growth is minus 2%. Ronald Reagan swept in landslide. Then he restructured the economy. He had a two year recession and then he restructured it and we came out into a boom. Bill Clinton had a -2% real wage growth when Bush was ousted. And Carville famously said, it's the economy, stupid. And coming into this election we had the same dynamic, minus 2% real wage growth. And if you look at this chart here from our economic report, you can see the disparity between the PMI and our GDP growth. Usually PMI and GDP growth track and recessions track. We probably should have had a recession in 2024. We didn't. And it was held up by massive government spending. Crisis level deficit spending. We had same deficit spending that we did during the great financial crisis. What was the crisis? The crisis was to get Biden reelected.
Steve Bannon
Hang on a second, Ed, we're going to hold you through the break and go through your new model. What disturbed me, the reason I wanted to have you on here, The Fed the other day talked about and everybody's focused on a cut. Hey, I'm not, I'm not a fan of a cut right now because what it'll do to inflation and prices. But they talked about two cuts later in the year. But the buried lead no one talked about is they down. They downgraded the growth. They said the growth was going to be under 2%, 1.75% and kind of left it at that. Said it was tied to tariffs, which is nonsense. Tariffs is what bringing the massive capital investment in the United States from all these major companies. They're coming back. They're reassuring. They're reassuring. We leave you with the right stuff. We're going to be back in 90 seconds. President Trump has planned on a Cabinet meeting this morning. Elon Musk is supposedly going to be there. We hope they start talking about Doge and putting some meat on the bones of where this fraud's coming from, because we need to see it. That will put our critics on a back foot. It's time to go on offense. Treasury's going on offense. President Trump's going on offense. Mike Davis and company are offense. We need the House, the Senate, other parts of the administration. Offense, offense, offense, Fixed bayonets. They will crumble if confronted. Our opponents are gutless. Our opponents have no platform to stand on. Our opponents are anti American, worker, anti American. 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 the 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. 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 and of course, the beef liver being our flagship products. For those who don't know, beef liver is loaded with highly bioavailable ingredients such as vitamin A, B12, zinc, CoQ10, etc. And because it is 100% grass fed and natural, your body is able to absorb these nutrients far better than taking any other synthetic multivitamin or any other 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 risks. 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 67%. And do it again. War room health. All1wordwar roomhealth.com go there today. You need 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.
Podcast Summary: Bannon’s War Room Episode 4359: Stripping Private Law Firms Out Of The Government; Where We Stand With Our GDP Release Date: March 24, 2025
In Episode 4359 of Bannon’s War Room, host Stephen K. Bannon delves into the Trump administration's aggressive strategies to dismantle private law firms perceived as adversaries, alongside a critical examination of the current state of the U.S. Gross Domestic Product (GDP). The episode features insightful discussions with key figures such as Roger Kimball and economic expert Ed Dowd, providing a comprehensive analysis of the administration's legal maneuvers and economic policies.
Timestamp [00:00 - 03:16]
The episode opens with an Unknown Analyst detailing President Trump's recent memorandum titled Preventing Abuses of the Legal System and the Federal Court. This memorandum grants the Attorney General and the Secretary of Homeland Security the authority to deem legal actions from specific lawyers or law firms as frivolous, empowering them to sanction these entities.
Key Points:
Notable Quote:
Steve Bannon [01:05]: "No president has done this. Ronald Reagan didn't do this. George H.W. Bush didn't do this. It’s just unprecedented and alarming to a lot of lawyers and legal experts."
Timestamp [03:16 - 06:00]
A Legal Expert discusses the repercussions faced by Paul Weiss, a law firm targeted under the new memorandum. The firm's head disclosed that they settled with the White House to avoid bankruptcy, a move that signifies the administration's intent to financially cripple firms opposing its agenda.
Key Points:
Notable Quote:
Steve Bannon [04:50]: "If you defy us, we're going to make your life miserable. Now that these law firms, like this client firm, may think twice, do we really want to work with them?"
Timestamp [03:16 - 06:00]
An Unknown News Anchor provides a snapshot of the day's headlines, highlighting significant shifts in global financial sentiments and domestic economic challenges.
Key Points:
Notable Quote:
Unknown News Anchor [04:50]: "People are starting to park their money outside of US Stocks or go longtime fans of US Stocks are parking their money elsewhere."
Timestamp [06:00 - 42:48]
Steve Bannon and Roger Kimball engage in a fervent discussion about the Trump administration's offensive against elite institutions, including law firms, governmental bodies, and cultural institutions.
Key Points:
Notable Quotes:
Steve Bannon [06:00]: "President Trump has a full-on assault on the elites of this country and the elite institutions that have turned against the American people."
Roger Kimball [33:41]: "It's an extraordinary piece, and I'm glad you called my attention to it, every line of it, you know, right down to the insinuation of the argument ad Hitlerum."
Timestamp [47:08 - 51:11]
Economic expert Ed Dowd joins the discussion to critique the validity of GDP numbers and the administration's economic policies.
Key Points:
Notable Quotes:
Ed Dowd [48:47]: "Look, what Scott was referring to during 2024 was the fact that GDP numbers were positive. But when we look, peel back the onion, it was illegal immigration, which is a huge elephant in the room."
Steve Bannon [48:00]: "The Fed the other day talked about and everybody's focused on a cut... they downgraded the growth. They said the growth was going to be under 2%, 1.75%..."
Timestamp [42:48 - 51:11]
Bannon emphasizes the importance of taking proactive measures against the administration's policies and outlines strategies to counteract economic and legal challenges.
Key Points:
Notable Quotes:
Steve Bannon [49:54]: "What was that? I just want to make sure I understand it."
Ed Dowd [51:11]: "They're trying to sell you constantly why these institutions are good for you and your kids and your country and your community. Constantly trying to sell you."
Timestamp [51:11 - End]
In the closing segments, Bannon reiterates the necessity for the audience to remain vigilant and proactive in supporting policies that dismantle oppressive elite structures. He urges listeners to participate in upcoming political actions and maintain solidarity in their efforts to restore economic and legal integrity.
Key Points:
Notable Quote:
Steve Bannon [51:11]: "It's time to go on offense. Treasury's going on offense. President Trump's going on offense. Mike Davis and company are offense. We need the House, the Senate, other parts of the administration. Offense, offense, offense."
This summary intentionally omits non-content sections such as advertisements, promotions, intros, and outros to focus solely on the substantive discussions and analyses presented during the episode.
Final Thoughts
Episode 4359 of Bannon’s War Room presents a fervent critique of the Trump administration's strategies to undermine private law firms and elite institutions, alongside a bleak appraisal of current economic indicators despite ostensibly positive GDP figures. Through passionate discourse and strategic analysis, the episode calls for a unified and offensive approach to reclaim American economic and legal sovereignty.