
Episode 4387: Left Flounders As they Stoke Fears Of Market Crash ...
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Jim Cramer
Today, I think people on Capitol Hill feel the same way that finance ministers all around the world feel. It's a, it's a Pepto Bismol moment in the marketplace. And finance ministers around the world are now holding onto their stomachs. People at kitchen tables and at workplaces all across our country are holding on to their stomachs. We're in one of the greatest wealth destruction days in the history of the world. And up here on Capitol Hill, I think Republicans right now are thinking about popping bottles of champagne, but maybe popping bottles of Pepto Bismol over the next few days to really determine what is going to be the impact on our economy. When, when JP Morgan and Goldman Sachs are both saying there's a doubling of.
Steve Bannon
The chance we're going to have a.
Jim Cramer
Recession this year because of Trump's actions.
Steve Bannon
Like this, I wouldn't go diving in and buying stocks tomorrow. A bottoming in the stock market is a process, not a point in time. So you have careful, if you're a.
Steve Cortez
Trader, about when to get in and when to get out.
Jim Cramer
All right, that is down nearly 4% for the Dow. For investors, what is your advice today? Okay, whatever money you may need for the next five years, please take it out of the stock market right now, this week. I do not believe that you should risk those assets in the stock market, even if you would take a tremendous loss. And selling your stocks at this decline, you say take it out.
Jack Posobiec
I don't care.
Jim Cramer
I do not care where stocks. I do not care where stocks. Stocks have been. I care where they're going. And I don't want people to get hurt in this market. But if you need it after five years, then don't touch it. Well, yes, if you have that much flexibility, I'm worried about unemployment. I'm worried about your purchases that you may need. I can't have you risk that in the stock market.
Jack Posobiec
Very dramatic statement, Jim.
Jim Cramer
Very dramatic statement for. I thought about this all weekend. I did not want to say these things on tv.
Steve Cortez
I don't want to say what is.
Jim Cramer
Coming that makes you say that. I believe that we could have as much as a 20% decline in the stock market. If you can withstand that which most people can't, then I think what you have to do, if you can withstand it, is just ride it out. For too long, a small group in our nation's capital has reaped the rewards of government while the people have borne the cost. Washington flourished, but the people did not share in its wealth. Politicians prospered, but the jobs left and the factories closed. The establishment protected itself. But not the citizens of our country. Their victories have not been your victories. Their triumphs have not been your triumphs. And while they celebrated in our nation's capital, there was little to celebrate for struggling families all across our land. That all changes, starting right here and right now. Because this moment is your moment. It belongs to you. It belongs to everyone gathered here today and everyone watching all across America. This is your day. This is your celebration. And this, the United States of America is your country. What truly matters is not which party controls our government, but whether our government is controlled by the people. January 20, 2017, will be remembered as the day the people became the rulers of this nation again. The forgotten men and women of our country will be forgotten no longer.
Steve Bannon
This is the primal scream of a dying regime. Pray for our enemies because we're going medieval on these people. Reasons I got a free shot. All these networks lying about the people. The people have had a belly full of it. I know you don't like hearing that. I know you try to do everything in the world to stop that, but you're not going to stop it. It's going to happen.
Steve Cortez
And where do people like that go.
Jim Cramer
To share the big lie?
Steve Cortez
MAGA Media I wish in my soul.
Steve Bannon
I wish that any of these people had a conscience. Ask yourself, what is my task and what is my purpose?
Jim Cramer
If that answer is to save my country, this country will be saved. War ROOM here's your host, Stephen k. Banner.
Steve Bannon
Thursday 3rd April year overlord 2025. I wanted to have some history I may pull. So we had Jim Cramer in the meltdown of 2008. Remember Kramer went on TV, completely unprofessional, said, if you need any cash next five years, I'm not panicking, but you should sell everything you've got. That's what they tried to do today. Katie Turr at the end, we showed you. Katie Turr did her entire hour on the New York Stock Exchange floor trying to elicit people to say, oh, this is a panic, this is terrible. Every leading question. And in back of her, it's dead quiet. It's a snooze fest on the floor of the stock. Now, some of that is how they trade stocks today, but they're certainly not a panic. They're trying to elicit a panic. And what's fascinating, someone like Katie Turr, who's never cared about capitalism, never cared about the stock market. Katie Turr doesn't know the difference between preferred stock and livestock. And this bimbo is on the floor and she's trying to. They're trying to cause a panic. One of the great tweets, I think is from Bad Hombre. He said they've gone from the, you know, the panic of the terrorists, gangsters not getting their due process rights to now the panic of hedge fund managers. Posos in the, in the studio here. Jack's been out and about all day, a little bit. White House and other places. Julie Kelly's gonna join me at 6. She's been over at Bosberg, just taking the tour. She's taking Bosberg in Bosburg? I thought I gave you the tour the first term. You were getting over there all the time, touring. I give a big shout out to you guys today. Steve Cortez is with us. Cortez, I want to go to you first. Give me the analytics. There has been a sell off, but it's an orderly sell off because, hey, you heard it. He's trying to restructure. And I wanted to go back and I thank Alex Brucewicz for this. It's his great tweet that our own Elizabeth picked up. Alex put that up on New Year's Eve. I think at 24, going down memory lane. But that gets back to the core of what President Trump ran for, why he won in 16, what he's trying to accomplish. This is what he's done over the last 24 hours is the core of the man to restore the strength to America of becoming a manufacturing superpower again. Steve Cortez, give me some analytics. Is Katie Tur right? Is this a complete meltdown? Is this should cause panic? If you have any stock, you need cash in the next five years, like Kramer said, should you sell?
Steve Cortez
No, as usual, Katie Tur is completely wrong. And you're right. It is simply not believable in any sense that she has suddenly become an Ayn Rand capitalist. I mean, please. All right, Anybody can see through this ridiculous facade. And regarding Jim Cramer, by the way, I like him, nice guy, worked with him for many years at cnbc. But he is constantly wrong. There is a reason that Inverse Kramer is one of the more popular financial accounts on social media. Because if you do the opposite of what Kramer says, for the most part, you're going to be very wealthy and very prosperous. And you're exactly right, Steve. That's going all the way back to 2008 until right now. So corporate media, though, of course, is giving him his time in the sun right now. Why? Because he's a liberal New York Democrat who is saying panic, hold Your hair out. So let's talk about the reality of today. And I say this is somebody who traded for the biggest hedge funds in the world for 25 years on Wall Street. It was a bad day, okay? No way. We can't shine a sneaker. It was a bad day, down almost 5% on the S and P. Most of the action was overnight. So to your point, the trading session wasn't really that frenetic today. It just wasn't. Most of the downdraft happened in the after hours starting yesterday and the overnight session into today. But it was entirely orderly, okay? And I'm not trying to diminish the losses, but the point is it was orderly. And also before I get to the restructuring part, I think perspective is really important here. So I provided and I did this last minute. I hope they have it ready. If they have chart one ready, I want to show the S and P over a long timeframe. If we can show that over a decade, okay, so that is the s and P500. And SPY is the ETF, the exchange traded fund for the S&P500. As you can see, it's had a magnificent decade. And if you look at that chart at the most recent part, the upper right corner, yes, it's had a downdraft. Is it that material in the context of where it has been because people continually want to buy America? No, it's really not very material. So I think that's important for us. You'll never see this kind of context, by the way, from the corporate media, even from the financial press, places like cnbc. But more importantly than what the market did today, Steve, is what Donald Trump is doing in terms of trying to re industrialize this country and in doing so to reinvigorate the great American working class, to rebuild a great American middle class that has been absolutely hollowed out by the globalists. We have, unfortunately, Steve, an economy in this country that has really been built on two premises, two false foundations. The first is offshoring and the second is gargantuan unsustainable debt. Now, tariffs, by the way, addresses both of those problems concurrently, right? Because it compels on shoring back to the United States. If you don't want to pay these onerous tariffs, the best way around them, you set up shop right here in the United States of America. Whether you're an American company or foreign company doesn't matter. Once you set up here in the United States on shoring to reinvigorate Main street small businesses in this country, not the Globalist multinationals. And then on the debt front, we know that Most of this $36 trillion of debt that we have incurred, absolutely recklessly exorbitant borrowing and spending, most of that we racked up at interest rates which were far preferential to what we have now because of Biden's inflation explosion. Which means that from here forward, the situation gets much more dire and much more serious. So what's the best way for us to raise revenue? We also need to cut spending, of course. But what's the best way for us to raise revenue? It's to raise it from foreigners. And why can we get away from.
Jack Posobiec
That with that, Steve?
Steve Cortez
Because we are the United States of America. And because of centuries of entrepreneurs and hardworking men and women, we have built the crown jewel consumer market, the envy of the world that every country and every company on earth is pining for access to. And because of that reality, we may not always have that right if we don't institute these reforms. But because we have earned that status and that premier elevation among consumer markets in the world, we can charge a premium. You've said this many times, is a good analogy. The theater or a sporting event, we have the box seats. You charge the most for the best seats. So it just simply makes sense. It alleviates these twin problems of offshoring, which has crushed American communities, led to deaths of despair, led to millions of men, working age men in this country, who have simply dropped out of productive life. It solves that problem. It's probably the most significant reform to solve the problem of offshoring. And then it also, on the other hand, this unsustainable debt problem, it vastly improves our debt situation and our debt ratio. So to me, this transformation, it can be painful, absolutely, because the country had become addicted to offshoring and to constant public financing. Okay? Not a healthy addiction. Breaking addictions at times can be painful. So we're seeing some of that consternation right now. Now, let's not exaggerate the pain, but the point is, there is a place of prosperity. There's a place of societal cohesion, of patriotism, of shared and dispersed prosperity throughout this country. That place lies on the other side of this process, and we must go through it. And I so commend President Trump for doing this. He's talked about it for decades. He was talking about it as a private citizen for decades before he got into public life. These are some of the most consequential economic reforms in American history, in all of American history. And I would argue they're probably the most consequential economic reforms since fdr. His were toxic for the country. These are going to be wonderful and prosperous for our country.
Steve Bannon
That so bad day? The worst was overnight when they first heard it because people didn't believe he was going to do it. They actually didn't believe he seen the market yesterday. President Trump did it overnight. Response today, not too shabby. Right? We're going to be a couple of days to get through here. The one thing that's going to drive any kind of, I'm not saying panic selling, but dumping of stocks is the left media is all over. They think this is what takes President Trump down. This is how much they hate this country. You haven't heard them once say anything about working men and women. This is the credentialed clash. You saw Katie Tur. Is there a bigger joke than Katie Turr being on the floor of the New York Stock Exchange? I mean that's laughable. That is laughable. And all her questions, oh, isn't this terrible? How bad is this? And they have people like, well, come back. Cortez, I know you work with Steve Liesman. What a beauty that is. You know, a left wing hack that all he's doing is dumping on President Trump all day. We're gonna take a short commercial break. Posos in the house. The Great Deal, Is that what you call it?
Jack Posobiec
The Great Deal. That's what we have coming for us.
Steve Bannon
You refer to this as the Great Deal.
Jack Posobiec
The Great Deal. We had the New deal, the Square deal, the Fair deal. We had the Great Society. Now we have the Great Deal.
Steve Bannon
The Great Deal under the leadership of President Trump. Short commercial break. Johnny Khan will take us out. We're gonna be back in a moment in the war room. 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 b a n n o n to 989-898 and let the experts at birchgold help you secure your financial future today with gold. 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.
Jim Cramer
Esthers, what is your advice today? Okay. Whatever money you may need for the next five years, please take it out of the stock market right now, this week. I do not believe that you should risk those assets in the stock market even if you would take a tremendous loss. And selling your stocks at this decline, you say take it out. I do not care where stocks have been. I do not care where stocks have been. I care where they're going. And I don't want people to get hurt in this market. But if you need it after five years, then don't touch it. Well, yes, if you have that much flexibility. I'm worried about unemployment. I'm worried about your purchases that you may need. I can't have you risk that in the stock market. Very dramatic statement, Jim. Very dramatic statement for savings. I thought about this all weekend. I do not want to say these things on tv. I don't want to say that. But what is coming that makes you say that? I believe that we could have as much as a 20% decline in the stock market if you can withstand that of which most people can't, then I think what you have to do if you can withstand it, is just ride it out.
Steve Bannon
That was back in 2008. That was NBC Today show. They were in shock. That caused massive selling because, don't get me wrong, 2008 was 50 times worse. That was a total collapse because of corruption and incompetence. President Trump has thought this through. This a reordering of the world economy so that American working men and women don't have the whole weight on their shoulders and are getting screwed the entire time. This is Trump more so than the border kind of came up, you know, in those years, in like 14 and 15, because of what was happening with Obama, the amnesty that Bush tried to do, of course, the Iraq wars. This is Trump from the beginning. He would watch Lou Dobbs when he first started coming and doing interviews as a private citizen, but about things that were not about media in New York City, because he was a huge celebrity in New York city in the 80s and 90s, when they would have him on shows and talk about things of substance, because people were talking even then, hey, would this guy run to be president? Is this guy a guy that's going to be a reformer? He would always go and talk about trade, talk about American workers getting screwed, talk about factories being shipped. This is Trump to his core. That's why that speech yesterday, he walked in and owned that. I mean, it was one of the most eloquent speeches he's done. Very powerful to the point. That's why I wanted to go back and play some of the best moments from the first inaugural, because that's Trump. What you're seeing is pure Trump and he's not going to back off this. I think he told people today, don't be putting the word out there, I'm open for negotiation. The whole. They're lined up around the corner, right? They all want to come and talk, just like the law firms, just like the universities. Trump's saying right now, eh, let it simmer on.
Jack Posobiec
On human events. Earlier today we had. We had Harrison Fields on from the press office, and I asked him that question. I said, what about the negotiations? He said, jack, there's no negotiations. This is not negotiation tactic. This is policy. This is policy of the White House, day one policy. He ain't budging on this. This is going to be the policy going forward. And I said, so. It's a great deal. It's the great deal.
Steve Bannon
Tell me about influencers. MAGA is great deal resonating with the.
Jack Posobiec
Base, people are liking it. I'm starting to see people pick it up more. I'm starting to see people use it. Because when, and by the way, the great deal isn't just about the tariffs, right? You have to put everything together, the whole package. It's the tax breaks, it's economic, the energy independence, the deportation, no more. So the whole thing is we've never.
Steve Bannon
Really had a package deal.
Jack Posobiec
We've never had a brand name for the whole thing yet. They kind of put it's just Trump, it's populism. And we sort of. And then you get into the arguments about what is a tariff, attacks, what's kind of like a tax, what's a tax on Wall street, right? Tax on them. It's not a tax on you. Because what take go back to the history of it, right. 2008. This is, this is how the Tea Party gets started. And what was, and what started the Tea Party, the bailouts and Santilli, Rick Santelli. And it was. So they got, it was Wall street that got the bailouts in 2008. It was Wall street that got bailouts during COVID So it started. All of this gets wound back to the global financial crisis of 2008. That's when the, the stock market, the, the print got floated by the false printed money of the Federal Reserve. So all this funny money has been running around our system for this point. And by the way, it was going to come to a halt with, with the debt ratio being where it is on its own. It was, we were headed for some very, very choppy waters after Biden did what he did for his four years. And you talk about this every day on the show. So it was going that there was going to be a correction one way or another. What President Trump is doing. He's saying, I'm going to be the correction. And instead of bailout for Wall street this time around 100, how about a bail in for the American worker and the American people? And it's kind of like we were joking about on the show, Steve, I said it. We've been skipping leg day. We've been skipping leg Day. We've been skipping leg day. We got this sugar high. We're skipping leg day. No more. No more.
Steve Bannon
Hold it. We've got President Trump on Air Force. And President Trump's heading down to Doral, I think the live golf championship or.
Jack Posobiec
The, he's got a dinner tonight for that.
Steve Bannon
Is that, is that because it's the week before the Masters and these guys all come in the live players, President Trump's also working on that deal to put the two tours together. Let's go and play it.
Jim Cramer
Yeah. Company to run or a number of companies to run. That he can do this, that he can find the time. He loves the country. That's why he does it. But we're in no rush. But they'll be appointed. Which time Elon's going to have to leave.
Steve Cortez
But he didn't have a specific date on when he.
Jim Cramer
I would make a few months. Even when Elon leaves and goes back.
Steve Bannon
To being CEO, will Doge stick around in some kind of capacity?
Jim Cramer
Yeah, it'll still Doge. Doge itself, yeah, at some point. Just so you understand, I don't know what you get wrong. I want Elon to stay as long. Number one, I like him. Number two, he's doing a great job. Number three, he is a patriot. That's why he's doing this. And he's, you know, it's very costly for him, but. So I want him to stay as long as possible. But there'll be a point where he's going to have to leave. And when he does, the secretaries will take totally over and Doge will stay active. We have a lot of smart people. A lot of those people, I believe, are going to go into the agencies and they'll work on it from the inside. You mentioned auto companies that you've been speaking with. Have you spoken to any executives today? Yeah. Who? I don't want to say who, but I speak to a lot of the auto executives, but we have much more than autos. We have chips coming in. We have steel coming in, steel factories. The steel factories are opening up and expanding at levels that people have not seen. Also, can you tell us a little bit about your meeting with Laura Loomer.
Steve Cortez
And Mike Waltz today and how that came about?
Jim Cramer
Yeah. So Laura Loomer is a very good paper. She is a very strong person. And I saw her yesterday for a little while. She makes recommendations of things and people. And sometimes I listen to those recommendations like I do with everybody. I listen to everybody and then I make a decision. But I saw her yesterday. She was at the ceremony and she is. She'll always have something to say. Usually very constructive.
Steve Bannon
What did she recommend?
Jim Cramer
She recommended certain people for jobs.
Steve Cortez
Adding to the administration, not adding who did you not firing?
Jim Cramer
Well, she'll recommend that, too, but yesterday she recommends some people for jobs. Did she have anything to do with.
Steve Cortez
The NSC aides who were ousted?
Jim Cramer
No, no, not at all. Do you know how Many, sir. Do you know how many from the nsc? Not many. Was it five?
Jack Posobiec
A dozen?
Jim Cramer
I really don't know. I mean, who does? Laura. There were a couple there who.
Steve Cortez
Did Laura recommend hiring?
Jim Cramer
Well, I don't want to say that, but she's recommended some good people over the years. She's been in the party a long time. She's done a good job.
Steve Cortez
Do you trust your National Security staff is doing what you want them to do?
Jim Cramer
We've done very well. We've had big success with the hooties, as you probably know. Nobody's been able to do it like us. They were shooting the boats out of the water. They were sinking ships. That's what they want to do. They're getting a big charge out of sinking. And unfortunately, they're associated with Iran very closely, so they have to stop that. But we've hit them very hard and we've been hitting them very hard.
Steve Bannon
Did you talk to Congresswoman Luda about.
Jim Cramer
Her resolution to get maternity. The congresswoman about her resolution to allow.
Steve Bannon
Proxy voting for new mothers? Did you speak to them?
Jim Cramer
I did, I did. And I would say this. I guess there's two sides to it, right? It's a little controversial. I don't know why it's controversial. I think she's great honor. Do you support her movement? I think that. And I'm going to let the speaker make the decision. But I like the idea of being able to. If you're having a baby, I think you should be able to call in and vote. I'm in favor of that. I understand some people aren't. I'm not involved in the issue, but I did. I spoke to Anna yesterday. She and some people feel strongly about it and I would agree with it.
Steve Bannon
Yeah.
Jim Cramer
Sir, you mentioned Iran. They have come out and said if they're going to sit down with the.
Steve Bannon
US they want to use an intermediary.
Jim Cramer
And I believe the US Wanted direct talks. Would you still be willing to talk to them by an intermediary? I think it's better if we have direct talks. I think it goes faster and you understand the other side a lot better than if you go through intermediate. They want to use. They wanted to use intermediators. I don't. I don't think that's necessarily true anymore. I think they're concerned. I think they feel vulnerable and I don't want them to feel that way. And I think they want to meet Iran. They're talking about Iran. You said you don't think they want to use intermediaries.
Steve Cortez
Anymore.
Steve Bannon
Did they send another letter?
Jim Cramer
Did the UAE let you know about this? I know for a fact. I think they'd like to have direct talks.
Steve Cortez
Can you say anything about what the.
Steve Bannon
Letter said from Iran?
Jim Cramer
No, I just think they. I'm just telling you, I think they want to have. Forget about letters. I think they want to have direct talks. When did that happen?
Steve Cortez
On Pete Hagseth. And this IG investigation, do you want.
Jim Cramer
To weigh in on that? What? What is it?
Steve Cortez
There's an IG investigation into the Secretary.
Jim Cramer
Of Defense's use of.
Steve Bannon
Of the Signal app.
Jim Cramer
Oh, is that. You're bringing that up again? Don't bring that up again. Your editor's probably. That's such a wasted story. So, what else?
Steve Cortez
Chinese farmland.
Jim Cramer
Do you have some plans for Chinese.
Steve Cortez
Ownership of farmland in the us?
Jim Cramer
We look at that all the time. And look, I have a very good relationship with China and with the president, who have a lot of respect for President Xi. So, you know, we look at that all the time. Farmland. It's been an issue for years. It's been. People have talked about it for years. But I have a lot of respect for China and I have a lot of respect for President Xi.
Steve Cortez
When's the last time you talked to President Xi?
Jim Cramer
I speak to him. Doesn't matter when, but I speak to him.
Steve Cortez
Have you talked to Zelensky recently?
Jim Cramer
Not too long ago. Yeah.
Steve Bannon
How does that go?
Jim Cramer
Good. I think he's ready to make a deal.
Steve Bannon
No progress, though, other than that?
Jim Cramer
I think a lot of progress. No, he's. He's ready to make a deal, and I think that President Putin is ready to make a deal. And you'll stop the killing of thousands of young people a week. Did Kirill Dmitriev say that to your counter to his counterparts in the us? Kirill Dmitriev, the Russian negotiator that's in Washington right now? I don't talk about Smith specific people. I just will tell you that there's a lot of good conversation going on about Ukraine, Russia. Have you given your approval for the UK's deal over the Chagos island that Prime Minister Sperver and you discussed? We're talking to the Prime Minister about it, and we'll see how that turns out. He's. We have a very good dialogue going, and I think he was very happy about how we treated the botarists. Sir, there are a lot of people were upset about how. The Daily Mail. A lot of people were upset today about how their 401ks were doing. Do you have investments? I think our Markets are going to boom. Got to give it a little chance. But we're taking in jobs and we're taking in industry. We're taking in trillions of dollars. I think, I think our markets are going to boom. Got to give it a little bit of time. But they've already started construction on numerous plants. Soon it'll be many, many plants all over the country. They're going. And so you got to give, you got to give that, you got to give that a little time. I haven't checked my phone. Thank you very much. On the Fed.
Steve Bannon
A lot of money markets are now priced to get more Fed cuts this year.
Jim Cramer
But one thing I like is interest rates going down. You see that happening. You know what's beautiful is interest rates go down. I like, I like groceries going down. I like eggs going down. If you look at it, and very importantly, the gasoline prices are going down. So a lot of good things happening. Thank you very much.
Steve Cortez
Thank you for your time, Mr. Sir. Appreciate it.
Steve Bannon
Okay, there's the president right there taking all questions. Jack Bovic, Any news? Lar Loomer, Laura Loomer took out three or six members of the National Security Council.
Jack Posobiec
Three that I heard from originally. And, you know, I read about that in the New York Times when, when it came out. I think Axios maybe originally had the story. People had different pieces of it. And, you know, this is nothing that, you know, obviously came out of the, the, you know, I think the, the signal situation, the signal chats and which.
Steve Bannon
The President just blows off. Right. That's not interesting. Let's move on.
Jack Posobiec
But the President. Yeah, the President, he said that's a boring story. He said that a couple times where he said that's a boring story. You know, you don't want to, you don't want to hear the boring story. That's boring. We're not going to talk about that. And then he, and then he moves on because remember, this is, then. So this is, this is, look, this is no scout policy. But, but, but maybe some mini scouts.
Steve Bannon
But those are, those are internal. You're doing those internally. They don't count. Scouts. Well, look, scouts are serving them up.
Jack Posobiec
Because remember, there are a lot of people still. The way that the National Security Council is constituted, there are still people who were either either holdovers from detailees and detail function.
Steve Bannon
No. So two thirds of the. Two thirds of 75% of the staff is detailed from the Pentagon, from the CIA, from dhs, from, From Justice Department states, and one third are the political appointees, people that the president can bring in. So it's basically 30 to 50 political. But the Seb Gorkas, the vast majority.
Jack Posobiec
Are detailees from the details.
Steve Bannon
Yes. And you manage those detailees and they bring the resources of those departments. The people that are getting rid of, though, were I believe, political appointees, not detailees that were not sent. Well, I'll have to find out. I know there's a list of detailees to we had a list of, you know, put together by Sergeant Higgins, I think was like 150 people should go back because the detailees were all Obama and bush. Yep. And Sergeant Higgins, of course, McMasters did not implement that. Hang on one second. Steve Cortez has got another clip. Let's play the clip and Steve will bring you back in. Any other thoughts you've got today? Because those are the questions. They were bombarding the president. He's saying, hey, I'm talking to executives, talking to automotive executives. Everything I'm hearing, everything's going to work out. Steve Cortez, let's go and play the clip.
Steve Cortez
Patriots, do you think that we should be a country that makes things again? Should we be a society where a family can thrive on a single income? Well, we can never reach those goals unless we get trade policy correct. And tariffs are a huge part of, of that new agenda of patriotic populist nationalism.
Steve Bannon
Steve Cortez, explain that for me. We can't get the economy right till we get trade policy right. What do you mean by that?
Steve Cortez
That's exactly right. Because again, too much of the economy for decades has been predicated upon offshoring and massive, exorbitant, unsustainable debt. And what, you know, I promoted there and communicated in that video in an article I wrote on it as well is that President Trump is doing something daring here. Right. And he is challenging America to dream about something big. For example, let's reclaim a prosperity that we used to have in this country where a family could thrive on one single middle class income. We've completely left that economic realm and we hardly even talk about it. But President Trump is saying, here's how we get back there, by re industrializing the United States, by making sure that we make things in this country again and by making sure that we are not abused by predatory trade practices from any other country, particularly China, but even from our supposed friends, that we are not going to be abused again. And by the way, I think President Trump, you made this point earlier, Steve. It's so important. President Trump's whole life, really, if you look at it has been leading to this moment because you're right, he's done some incredible things on the border, some incredible things on the culture, on pro life, a huge list of material accomplishments. But his signature issue, if you go back all the way to when he first became a public figure, all the way Back to the 1980s, his signature issue has been trade and has been the way America has been abused in trade. And by the way, Steve, I will, you know, public confession here. I speak about this with the zeal of a convert because I used to be a Wall Street Republican. I used to believe in that nonsense of so called free trade until Donald Trump came along in 2015 and opened my eyes and I think opened a lot of people's eyes and said, wait a second, we don't have free trade. We never have. It's been managed trade and mostly managed against the interests of working class Americans and in favor of the Chinese Communist Party and in favor of American plutocrats and American oligarchs for their self aggrandizement. And they simply don't care what happens to entire communities, entire regions, entire industries, policies in the United States. So he has been working toward this in many ways his entire life. This is a culmination of a life's work. And again, this kind of a grand strategy and this kind of a momentous policy shift, it's not easy. The transformation is not easy. And there's fits and starts of course along the way. But the point is, if we look at where it's going to take us, we can also hearken back to history. It's not only look at looking forward Harken back to Alexander Hamilton, to Abraham Lincoln, some of the great champions of tariffs in American history. So looking back at our history and then looking forward at what we can and will become if we insist that we prioritize American workers in all of our trading relationships. And again, we have an advantage that no other country in the world has. We've earned that advantage. It's not luck. We earn the advantage of being the crown jewel of consumer market in the world. And when everyone is dying to get into your section of the theater, your part of the stadium, you charge a premium. That is what Donald Trump is starting to do. And I think it's also important for us to telegraph, you know, as Jack was saying, that these aren't just negotiation ploys. No, this is policy. Okay? This should be permanent. We should have been doing this for decades. We did it for many, many decades in our history. We should have been doing it in Our recent history, we're going to do this going forward. You have to pay a premium to get in here. You will not abuse American workers. And if you want access to this market, the best way to do it is employ Americans, invest here, buy American real estate, American capex, make your products here and then the tariffs are irrelevant to you.
Steve Bannon
A couple of, a couple of days at least of choppiness. And particularly as the left, the left is trying to spur a panic here. A couple of days of Steve Liesman and these guys on CNBC trying to, trying to goad on people dumping their stocks, dumping their bonds, sir, you expect that the next couple of days, you.
Steve Cortez
Know, let me give you a word about Steve Liesman. Since I mentioned before, I worked at CNBC for a long time and had great years there. Steve Liesman has worked his entire career in journalism, okay? Went to Columbia journalist school, then took his Ivy League journalism degree and worked in journalism as a dutiful stenographer and PR agent for the American establishment. So when he talks about financial markets, he's not somebody, you know, who, like me, traded in the Chicago options markets, dealt with the Chicago pits, with some of the wildest forms of capitalism possible. He's not somebody who managed money, not somebody who took risk. He's not somebody who assigned paychecks. He simply pontificates his ridiculous leftist defenses of the ruling class prerogatives in this country. That's the reality. And to answer your question directly, are they trying to gin up fear and panic? 100% they are. Why? Because they hate Trump more than they love this country. They despise Trump more than they care about the prosperity of their fellow Americans. That is the reality here. So to all the deplorables out there, please don't fall for it. I'm not saying things aren't volatile. Of course there's volatility in the market. I'm not saying this wasn't a bad day. It was absolutely a bad day in the market. I'm saying keep perspective, put things in context, in broader context and then also focus on where we are headed now. Because we painted ourselves into an awful economic corner. It doesn't mean that getting to that place of re industrialized America and mainstream prosperity, it's not easy. But it is worth doing. And if any country on earth can do it, it's the United States. And if any leader and team can do it, it's President Trump with lieutenants like Scott Besant. Talk about somebody who has managed money, who knows about interest rates, who knows about Bonds. He's one of the most successful bond traders in the world now managing the bond portfolio of the United States. And President Trump mentioned this as well in the plane. One of the few silver linings of this market volatility lately is that money has come into bonds. And when money comes in and buys bonds, it means interest rates go down. So our debt obligations, while still ridiculous, have gotten a bit more manageable in recent days. That's a good thing. President Trump mentioned this. Interest rates down since he took office. Gasoline down, eggs down. That's real world. That, that's kitchen table stuff.
Steve Bannon
The 10 year, the 10 year treasury getting closer to four.
Jim Cramer
Yeah.
Steve Bannon
So this, so it's going to be choppy for a couple of days. People got to stick with it. Cortez, where do people go on social media to get these videos? You're, you're making these films, everything about the American worker, this new group.
Steve Cortez
Thank you. All of my, my documentaries, my articles, everything. @cortez investigates.com Cortez with an S Cortez investigates.com and on X I'm at Cortez. Steve, thank you so much. Steve, appreciate it.
Jim Cramer
Thank you. Jeff.
Steve Bannon
Brother Cortez, good report from the pits. Cortez was in the pits in Chicago with Santelli, Rick Santelli, that's a real American. You have news to report, do you not?
Jack Posobiec
Jack Posovic, President Trump, he says there on, on the clip as well from Air Force One that they asked him, how long do you think it'll be to see this, this manufacturing to get to where you want it. And President Trump says this is a two year process. So that's in line with what we've been reporting out on human events as well, about how this is not some ploy. This is not him doing the art of the deal, which of course a lot of people seem to think, oh, he's just getting people to the table. This is the opening bid. And you know, even, even Secretary Bus said, don't worry, don't worry, I'll come in and said, look, no, no, no. And how has President Trump portrayed it? It's an operation. It's an operation. The patient is doing well.
Steve Bannon
Tweet this morning.
Jack Posobiec
The body, the body. He's taking it well.
Steve Bannon
Let's go back to Cortez's point and it's working out. Let's go back to Cortez's point.
Jack Posobiec
But it's going to take time.
Steve Bannon
This is to the core of the man. This is what he's believed when he first started thinking about Public office and started thinking about something bigger than New York City real estate, something bigger than himself. He was focused from the very beginning on the country, on blue collar workers, on the heart of the country. This guy that came from Queens, remember he got, first time he got involved in sports was in football, right. This is, he's, he's, he's really a throwback to the Mad Men era. You look at Trump, you think of this Frank Sinatra, he came up in that era. He came up in that era. This guy understands what America was at the top of its game when it was a manufacturing superpower and how those workers, how New York City was a manufacturing superpower back in those days, back after the war, 50s and 60s, before the jobs left. This is to the core of him, is it not?
Jack Posobiec
Well, and even before that, New York City was the, the focal point from the Erie Canal, where all the Erie cities would come down through the Erie Canal. You'd stop at New York City. That's what built Wall street because it became the financial capital for all of.
Steve Bannon
The ex Dutch, those Dutch trading right there, while the dumb mix and the Pollacks were working the stevedores.
Jack Posobiec
But this is, this is, the whole idea is we don't even realize why New York, New York City is New York City, why Wall street exists. So you need, you had to have the financial trade there to be able to come in and purchase and sell those exports that were coming out. It was because of the Great Lakes cities, because.
Steve Bannon
And those Great Lakes went to the Ohio Valley. They want to get into the heartland of this country. That's what got you across the Appalachians, across the Edirondack.
Jack Posobiec
That's why the manufacturing is there. It's all based on the waterways. If you just understand the waterways, this can all come together. But nobody teaches any of this stuff anymore. Why do the Houthis matter? Why does the Red Sea matter? Why does the Panama Canal matter? Why does Greenland matter? Why do the Great Lakes matter? All issues.
Steve Bannon
Why is the vast, vast Pacific.
Jack Posobiec
The vast Pacific, My vast Pacific. The heartland chains.
Steve Bannon
Three island chains. The heartland of this nation. Donald Trump understands it, folks. What Trump is doing, and this is what crushes all these people that criticize him all the time. It's a geo economic and geostrategic reset that is literally the most and biggest thing since World War II.
Jack Posobiec
Yes.
Steve Bannon
Which was a culmination. World War II either ended or was the midpoint in a war that started in 1914 and ended basically in 1989.
Jim Cramer
Right.
Steve Bannon
The short 20th century and the world was. World War II was the midpoint of that. Trump is trying to essentially end that war.
Jim Cramer
Right.
Steve Bannon
Because the Cold War really didn't end it, end it and have another geostrategic reset. That's why the Russian people and the Chinese people are so central here. They're our true allies. Allies. They're the ones that bled in World War II as ourselves and the British produced the arms and came in from the perimeter in a very bloody and gallant way, but to free the Eurasian land mass from the fascist powers that were trying to control it.
Jack Posobiec
And in a way we sort of inherited the British Empire and we've sort of been attempting to maintain this. We call it different things. We call it the liberal world order.
Steve Bannon
The post war international rules based order.
Jack Posobiec
Rules based, etc, but it's, it's basically along the lines of the British Empire. Plus, plus a few things. That's why India is on board. That's why all the rest of it is there. So the Commonwealth countries, former Commonwealth countries. President Trump actually has a interesting correspondence with King George about the.
Steve Bannon
Don't go there. I don't want to get my brother Alex Jones on here about that. If he's got posts on Raheem talking about poor Alex Jones of meltdown again.
Jack Posobiec
But the point is, point is that this has been the system. This has been the system. But America was never designed to be our whole independence go back to 1776. The founding fathers did not set us up to be part of the British system, nor set us up to be the inheritors of the British system. We were set up to be a separate nation state that was wholly independent, that was economically independent, that was energy independent, that would be energy dominant. Ben Franklin talked about that, that whoever controls the Mississippi and the Mississippi River Delta will have the power in this hemisphere. He was very clear about this and it's still true today. So when you look at everything that we've done is we've attempted to overextend ourselves to become this sort of new Britain, a new Rome, whatever you want to call it. And it just doesn't work. It just doesn't work.
Steve Bannon
Somebody else knew about the Mississippi were Generals Grant and Sherman who tried to convince Lincoln we can end this war by taking the Mississippi. Once you take the Mississippi, you cut off Texas and then, then we'll figure it out from there. We're gonna take a short commercial break. Post is gonna stick with us. Julie Kelly, if she's out of court. She was over at with Judge Boseberg today. The irony of ironies. Boseberg is the judge that has to decide on the totally random on Facebook.
Jack Posobiec
Totally random.
Steve Bannon
How does he draw Facebook Random patterns? Actually on our side, he's on our side on Facebook. I hear that he does not want to delay the trial because he turns out I think maybe anti monopolist if I'm hearing correctly. Don't know. But what are the odds of that?
Jack Posobiec
He draws Zuckerberg bought the mansion right next to his house.
Steve Bannon
Is Zuckerberg now a staffer over the White House? Okay, short commercial break. We're back in the warm. Just a moment. While we may have won this election, the fight to restore our great nation is only beginning. Now is the time to take a stand and Patriot Mobile is leading the charge. Only America's Christian conservative wireless provider, Patriot Mobile offers a way to vote with your wallet without compromising on quality or convenience. Patriot Mobile isn't just about providing exceptional cell phone service. It's a call to action to defend our rights and our freedoms. With Patriot Mobile you get outstanding nationwide coverage because they operate on all three major networks. If you have a cell phone service today, you can get cell phone service with Patriot Mobile with a coverage guarantee. But the difference is every dollar you spend supports the first and second amendments, the sanctity of life in our veterans and first responders. Switching is easy. Keep your number, keep your phone or upgrade. Their 100% US based customer service support team will help you find the perfect plan. Now. Right now, go to patriotmobile.com Bannon or call 972 Patriot. So call 972 Patriot or go to patriotmobile.com Bannon. You get a free month of service. That's a free month with promo code Bannon. Switch to Patriot Mobile today and defend freedom with every call and text you make. Visit patriotmobile.com bannon or call 972 Patriot. Remember, you get a free month of service. Do it today. An interesting asset.
Steve Cortez
I mean it's been spectacular asset, not just this year.
Steve Bannon
It's been a spectacular asset for 25 years. I mean I would like to point.
Steve Cortez
This out to people.
Steve Bannon
Gold is outperformed The S&P 500 by almost 100% over the last 25 years is a little known fact.
Steve Cortez
The risk for gold, something like that.
Steve Bannon
Which is a safe haven asset is that's what you know, that's what you sell when you need to sell something, you know, so we're definitely not there.
Jack Posobiec
Like for example in Covid, if you.
Steve Bannon
Remember in Covid when we had the.
Steve Cortez
Final collapse, gold went down as much.
Steve Bannon
As the Stock market. Why? Because that's what you know.
Steve Cortez
You sell what you can, not necessarily.
Jim Cramer
What you want to.
Steve Bannon
When I say it, gold outperformed the S&P 500 over the last 25 years. That's pretty shocking. It's true. We don't promote it here on the show. What we do is tell you to go learn about gold as a hedgehog in a store of value. But times have changed. Gold's over 3100 bucks. It's not about the price. It's about how it got there and where it's going. That's what Philip Patri and team can give you. Birchgold.com Bennett ended the dollar empire. Get smart. The smarter you get. Remember, they do not want you to understand the math associated with macroeconomics or public economics. This month, April, is financial literacy month. Did you know that if you become financially literate, you become more powerful in your own life besides the fact you become more powerful in the political life of maga. The Treasury Department actually talked to me today. I think tomorrow we're gonna start rolling out some things on financial literacy. Birchgold.com Best thing to do. Take your phone out. Bannon 989-898. It's a free brochure on investing in gold in the era. Trump the ultimate guide. Get it today. Get smart. Poso. It was great for you to drop by. A very busy day for you. Very. A couple of busy days for you. You've been all. Now you're. Tomorrow you're in Harrisburg.
Jack Posobiec
Harrisburg tomorrow.
Steve Bannon
You're all over, man.
Jack Posobiec
Got it. Gotta get moving. You're moving. What's up in Harrisburg, Pennsylvania Leadership Conference. Gonna be there with Dr. Steve Turley. We're going to be with Cliff Maloney. We're going to be talking new media. We're going to be talking how, when.
Steve Bannon
Are you running for the Senate?
Jack Posobiec
I love what I do. I love what I do. I love what I do. But I do get upset when I see the people of Pennsylvania getting ripped off the way that they are.
Steve Bannon
And Joshua Pierre is your governor.
Jack Posobiec
Don't even say, come on, five foot three. That little five foot three guy, he's got a lot of.
Steve Bannon
Don't be picking.
Jack Posobiec
He's got a lot of problems. Hey, pick on someone your own size. Josh Shapiro. And the thing is, though, is what we're going to be talking about, especially with Cliff Maloney, is we're going to be dissecting. We're going to be dissecting what happened in Wisconsin. And I've been saying this, you know, on human events as well. I said, I said, guys, we need to be. Soros matters. He said, what Soros, Max, what do you mean? He said, look, what does he do? What does source? He didn't just throw some money and have a bunch of rallies. No, he builds. He goes in and he builds institutions.
Steve Bannon
From the ground up for low propensity voters. We need a machine. Charlie's kind of started this, but Wisconsin showed that you've got to get to the Trump low propensity voters. Trump's not going to be on the ballot forever. Of course he's going to be on the ballot. He's going to be on the ballot in 28. But then thereafter, we got to figure it out, right?
Jack Posobiec
We got to end. We have to win in 26, or else the Trump administration grinds to a halt because they'll be. And impeachment, the subpoenas, the folks, you.
Steve Bannon
Don'T want to go back through that. Remember the two, Remember the years we had to fight all that. You don't want to go back.
Jack Posobiec
Adam Schiff, I'm sure, has three, you know, three ideas on the sign over the show.
Steve Bannon
At the very first, In October of 2019, we first started warm impeachment because nobody else on the right was covered in. Well, the White House was actually saying it's fake news. Right. So we had to start. We don't want to go back to that. Remember how that was a grind? Yes, that was a grind.
Jack Posobiec
So the way that you do it. No, I remember sitting right over there on the couch with Raheem and he, he would print out the transcripts and we're going through and you've got, you know, Gregory Kayat and this ambassador and that, and he's got the highlighters out and the different boxes. I'm like, you're a nerd, bro. And, and, and we went through it. We went through. We blew the whole thing up. And that's how we got Chairamella. That's how we got Vinmin. That's where we get the rest. But look, look, the point is you have to go in these, these places and build and you have to work the coalitions. Look, the, the MAGA is the, the working soul of heart and soul of this movement and of this country. But you know who else is out there is Maha. There was no engagement of the Maha movement at all in Wisconsin. You have to work the coalitions. You can't just sit there and say, hey, come vote for us. This guy's like, trump, it's good to go no, you have to be there your day in, your day out on the granular level. That takes local institutions and local buildings.
Steve Bannon
Or in. Cass is on Human Events Daily.
Jack Posobiec
Tomorrow. We're. We're scheduling. So tomorrow's the conference. We'll be doing the show at the conference.
Steve Bannon
You're going to do it live?
Jack Posobiec
Him.
Steve Bannon
We're going to get him. Everything with the show, your social media, Twitter handle, all of it.
Jack Posobiec
Look, folks, it's the Great Deal. Go watch Human Events Daily. This week we'd be breaking it down. The Great Deal is a great deal for the American people. You've been getting a bad deal. Now it's time for the Great Deal. So Human Events Daily. Go listen, download it. You'll be able to get it every day, wherever you get your podcasts. And of course, the book on human. Humans understand what's going on in our world.
Steve Bannon
Love that book. The great Tanya Tay. Tanya Tay's out with her sister.
Jack Posobiec
Is that what she says? She's doing a little girls action Family. That's a girl's action.
Steve Bannon
You're taking care of the kids, Jack.
Jack Posobiec
Jack is a little one.
Steve Bannon
Okay, fine. Okay, Posobics. We can pick up Human Events Daily live. You can do it live tomorrow.
Jack Posobiec
We're gonna be live tomorrow. We could even. We could even do some hits, you know, maybe during the day, maybe in.
Steve Bannon
The morning, ten to noon. Fine. Perfect. Done.
Jack Posobiec
It'll be up there at center McCormick.
Steve Bannon
The way that I love McCormick. Cormic and Dina. Okay, Mike Lindell, I'm gonna see if you can sell better than Posobic. Sell me. Sell me some sheets, brother. Hey, this is.
Jim Cramer
This is gonna be called the War Room Wholesale Specials.
Steve Bannon
That's what we're gonna give you all the time.
Jim Cramer
These box stores that have canceled, we got a whole new line for you. All the kitchen towels, bathroom towels. We have oven mitts, potholders, all this stuff that was earmarked where these box stores canceled. You get it? Now, the War Room Posse. If we put it up, There it is. You guys, as low as 9 99. With what? The famous promo code. War Room. The most sought after promo code ever.
Steve Bannon
Kitchen and towel sale.
Jim Cramer
It's all on for wholesale prices. Go to the website, go to mypillow.com. scroll down till you see our leader Steve there. Click on them. There it is. The 999 sale. You guys click on that. You'll see all these kitchen and bathroom stuff on sale for wholesale prices because we keep getting canceled by the box stores. And we're going to pass it all on to the war room posse.
Steve Bannon
We have our clearance special still on.
Jim Cramer
Go ahead.
Steve Bannon
No, what I want to do is tomorrow on the morning show, I'm going to get the letters. I want to read some letters to the audience of the box stores that are canceling. Dear Mike, we don't be associated with a brand like my pillow that supports President Trump. Trump. Right. Screw them.
Jim Cramer
Terrible.
Steve Bannon
Screw them. You don't. We're not gonna say. You're not gonna sell your pillows and your great sheets in those dumps. Right. We're gonna rip. We're gonna rip their stores on. On the, on the, on the show live.
Jim Cramer
Yeah. You know what they're doing? You know what they're doing. They're using that promo code, war room because you know they're using the products.
Steve Bannon
Exactly, exactly. MyPillow.com promo code worm. We'll see you tomorrow. Mike Lindell, keep flooring. Fighting Lindell supports the tariffs.
Jack Posobiec
Made in America, baby.
Steve Bannon
Made in America by Americans. Made in America by Americans. Jack Posa will get you on in the ten to noon show live up in Harrisburg. Jack takes on the road. We're going to leave you with the right stuff. We're going to cartel country. The indefatigable Ben Buram and Oscar Blue Ramirez are down to give us a live report on the tip of the the spear, one of the most dangerous parts of the world as President Trump prepares to drop the hammer on the cartels and destroy the fentanyl market. And Julie Kelly, fresh from federal court, is going to be here live next hour, only in the war room. 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. 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 Fill this gap.
Jack Posobiec
Of quality supplements 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.
Steve Cortez
And natural, your body is able to.
Steve Bannon
Absorb these nutrients far better than taking.
Jack Posobiec
Any other synthetic multivitamin or any other synthetic vitamin in general.
Steve Cortez
So we have some other amazing products.
Jack Posobiec
But if you'd like to check us.
Steve Bannon
Out, you can go to sacredhumanhealth.com and.
Jack Posobiec
Cheers to your health.
Steve Bannon
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Podcast: Bannon's War Room
Host: Stephen K. Bannon (WarRoom.org)
Release Date: April 3, 2025
In Episode 4387 of Bannon's War Room, host Stephen K. Bannon delves into the turbulent state of the stock market and the economic strategies under President Trump's administration. Joined by financial analyst Jim Cramer, political commentators Steve Cortez and Jack Posobiec, the discussion centers on the potential for a market crash, the effectiveness of current economic policies, and the role of media in shaping public perception.
Jim Cramer opens the discussion with a stark warning about the stock market's decline, likening the current turmoil to a "Pepto Bismol moment" where investors are desperately trying to soothe their financial stomachs.
"We're in one of the greatest wealth destruction days in the history of the world."
Cramer advises caution, urging investors to withdraw any funds they won't need in the next five years to avoid significant losses.
"Whatever money you may need for the next five years, please take it out of the stock market right now, this week."
Steve Cortez counters Cramer's pessimism by asserting that the market is experiencing an orderly sell-off rather than a panic-driven crash. He emphasizes the long-term strength of the S&P 500 and criticizes media personalities like Katie Tur for inciting unnecessary fear.
"Corporate media, though, of course, is giving him his time in the sun right now. [...] Cable media are trying to cause a panic."
Jack Posobiec supports Cortez's viewpoint, dismissing Cramer's concerns as dramatized by the media.
"I don't care where stocks have been. I care where they're going."
Steve Cortez highlights President Trump's efforts to reverse offshoring and reduce national debt through strategic tariffs and the encouragement of domestic manufacturing.
"President Trump is doing something daring here. [...] By reindustrializing the United States, by making sure that we make things in this country again."
He argues that these measures will restore the American working and middle class, which have been weakened by globalist policies.
Cortez discusses the administration's approach to managing the national debt, emphasizing the importance of lowering interest rates through increased bond purchases, thereby making debt obligations more manageable.
"Interest rates go down. [...] Our debt obligations, while still ridiculous, have gotten a bit more manageable in recent days."
The conversation extends to President Trump's broader vision of reasserting American economic independence, drawing historical parallels to figures like Alexander Hamilton and Abraham Lincoln who championed tariffs to bolster national strength.
"Looking back at our history and then looking forward at what we can and will become if we insist that we prioritize American workers in all of our trading relationships."
The panel strongly criticizes corporate media outlets, particularly CNBC and personalities like Jim Cramer, for their liberal biases and attempts to undermine President Trump's economic policies.
"Corporate media [...] are trying to cause a panic."
They argue that media figures lack the necessary financial expertise and are more interested in maintaining a liberal agenda than in providing accurate market analyses.
"This is the primal scream of a dying regime."
Cortez draws on historical examples to illustrate the importance of economic independence, referencing the Erie Canal and the strategic importance of controlling key waterways like the Mississippi River.
"Because you had to have the financial trade there to be able to come in and purchase and sell those exports that were coming out."
Steve Bannon discusses President Trump's efforts as a significant geoeconomic and geostrategic reset, aiming to end lingering Cold War-era tensions and establish a new global economic order centered on American strength.
"Trump is trying to essentially end that war."
Despite acknowledging present market volatility, the panel maintains that President Trump's policies will lead to long-term prosperity. They encourage listeners to stay the course and not succumb to media-induced panic.
"Our debt obligations have gotten a bit more manageable in recent days."
The discussion also touches on the importance of financial literacy and diversification, advocating for investments in assets like physical gold as a hedge against market instability.
"That's why we've been getting canceled by the box stores. And we're going to pass it all on to the war room posse."
Jim Cramer [00:00]:
"We're in one of the greatest wealth destruction days in the history of the world."
Jim Cramer [01:04]:
"Whatever money you may need for the next five years, please take it out of the stock market right now, this week."
Steve Cortez [07:46]:
"Corporate media [...] are trying to cause a panic."
Steve Cortez [10:50]:
"President Trump is doing something daring here. [...] By reindustrializing the United States, by making sure that we make things in this country again."
Steve Bannon [14:35]:
"The Great Deal under the leadership of President Trump."
Jack Posobiec [01:29]:
"I don't care where stocks have been. I care where they're going."
Episode 4387 of Bannon's War Room presents a critical analysis of the current economic landscape, emphasizing the need for strategic government intervention to protect American interests. The panelists advocate for confidence in President Trump's reindustrialization and tariff strategies, asserting that these policies will restore economic stability and prosperity. They caution against media-driven panic, urging listeners to maintain a long-term perspective and support policies that prioritize American workers and industries.
Note: This summary captures the key discussions and viewpoints presented in the episode. For a comprehensive understanding, listening to the full episode is recommended.