Episode 4395: Black Monday Cancelled, Chief Justice Roberts Shoots Down Democrats

Summary

Bannon's War Room: Episode 4395 Summary

Title: Black Monday Cancelled, Chief Justice Roberts Shoots Down Democrats
Release Date: April 8, 2025
Host: Stephen K. Bannon
Duration: Approximately 56 minutes

---

1. Market Volatility and Tariff Negotiations

Timestamp: 00:27 - 05:32

The episode opens with Katie Tur highlighting a tumultuous trading day where the stock markets experienced significant volatility. The Nasdaq saw gains, but the S&P 500 approached bear market levels, and the Dow fluctuated dramatically, dropping over 2,500 points during trading. Scott Bessen, the Treasury Secretary, announced ongoing negotiations with Japan under President Trump's directives. This development raised questions about whether the current strategy involves negotiation or permanent tariffs. Peter Navarro earlier on CNBC asserted that the U.S. demands more than zero-percent tariffs, emphasizing the elimination of non-tariff barriers.

Notable Quote:
Scott Bessen remarked, "It's a negotiation so make of that what you will. But it seems to be at least a little bit of a positive for those who don't like these high tariff rates." (01:38)

---

2. Trump's Economic Policies and Market Reactions

Timestamp: 05:32 - 08:14

Donald Trump delivered a substantial monologue addressing the trade deficits and the economic impact of existing trade relations, particularly with China. He criticized the loss of billions due to unfavorable trade deals like NAFTA and highlighted the strategic necessity to reset global trade dynamics. Trump emphasized the importance of bringing manufacturing back to the U.S. and criticized China’s military spending financed by trade surpluses.

Notable Quotes:
Trump stated, "On trade, we lose close to $2 trillion a year. Why would we do that? Number one, why would we do that? And then you have to say, is it sustainable?" (05:50)
He further added, "We're going to come out unbelievably well. We're going to have a strong country economically again, and we're going to have those factories that are empty all over the United States." (07:00)

---

3. Federal Reserve and Interest Rates

Timestamp: 08:14 - 07:27

Katie Tur analyzed the interplay between Trump's tariff policies and the Federal Reserve's interest rate maneuvers. She suggested that rising bond yields could be a response to higher inflation expectations, potentially prompting the Fed to raise rates despite Trump's opposition. Tur emphasized the importance of an independent Federal Reserve in maintaining economic stability.

Notable Quote:
Katie Tur observed, "The Federal Reserve is not going to bow to Donald Trump. It must not bow to Donald Trump." (07:27)

---

4. Supreme Court’s Intervention in Deportation Case

Timestamp: 29:40 - 42:59

A significant portion of the episode focused on Chief Justice John Roberts' temporary blockage of a district court order to deport a Maryland man to El Salvador. Scott McFarlane provided details on the case, while Jeb Boasberg, a legal commentator, criticized the judiciary's overreach, arguing that judges lack the authority to dictate presidential negotiations with foreign leaders. Boasberg emphasized the dangers of judicial interference in executive functions, especially concerning national security operations.

Notable Quotes:
McFarlane reported, "Chief Justice John Roberts is temporarily blocking a district court order requiring that a Maryland man mistakenly deported to El Salvador be returned to the US by midnight." (29:40)
Boasberg contended, "Judge Boasberg is acting lawlessly and dangerously. He has no need to know anything about these flights. He has no jurisdiction." (40:29)

---

5. Legal and Judicial Battles Against Judicial Sabotage

Timestamp: 35:34 - 42:19

Jeb Boasberg and Mike Davis engaged in a discussion about the broader implications of judicial actions thwarting presidential policies. Boasberg called for legislative actions to hold judges accountable, suggesting impeachment as a remedy against what he perceives as judicial overreach. The conversation underscored a tension between the executive branch and the judiciary, highlighting efforts to push back against court decisions that impede Trump's trade and immigration strategies.

Notable Quote:
Boasberg asserted, "President Trump's doing exactly what he promised American voters he would do, and he got a broad electoral mandate to do it." (37:00)

---

6. Drug Supply Chain Vulnerabilities

Timestamp: 46:46 - 55:14

Rosemary Gibson addressed critical issues in the U.S. drug supply chain, particularly the reliance on China for generic drugs and active pharmaceutical ingredients. She revealed findings from the Department of Defense's generic drug testing program, which uncovered a 13% manufacturing defect rate, including contaminants like carcinogens, lead, and arsenic in some medications. Gibson called for expanded testing and stricter oversight to ensure the safety and reliability of essential medicines.

Notable Quotes:
Gibson highlighted, "13% of them have manufacturing defects. They have carcinogens in them, lead, arsenic." (46:46)
She emphasized, "We have to fix it and fix it fast." (49:35)

---

7. Conclusion and Calls to Action

Timestamp: 55:14 - End

Stephen K. Bannon concluded the episode by reiterating the importance of addressing the vulnerabilities in the drug supply chain and emphasizing the ongoing struggle against judicial and governmental obstacles to Trump's policies. He encouraged listeners to take proactive measures, such as investing in physical gold and securing their financial futures amidst economic uncertainties.

Notable Quote:
Bannon stated, "You need a strong heart. You need a lion's heart. How we're going to do that is with salty." (55:14)

---

Key Takeaways:

• Economic Policies: The Trump administration is actively renegotiating trade deals to reduce trade deficits and bring manufacturing back to the U.S., facing both market volatility and opposition from political figures and the judiciary.

• Judicial Overreach: There is a contentious debate over the judiciary's role in executive decisions, particularly concerning immigration and trade policies, with calls for legislative action against perceived judicial overreach.

• Drug Supply Safety: Significant concerns exist regarding the safety and integrity of generic drugs in the U.S., with findings of high defect rates in medications sourced from China and other countries, necessitating enhanced regulatory measures.

• Financial Preparedness: The episode underscores the importance of financial strategies like investing in gold to safeguard against economic instability and shifting market dynamics.

---

This detailed summary encapsulates the episode's main discussions, featuring insights from key speakers and highlighting critical moments with attributed quotes and timestamps to provide a comprehensive overview for those who haven't listened to the full episode.

Transcript

[Stephen K. Bannon]

80Tur wanted it. I think it was canceled. And it's now time I think get back to work. Let's do it. Let's do it. See we hand it off to you and we will see you again tomorrow, my friend. Have a great show. Thank you Eric. Appreciate you. Love the handover. Okay, we got a really great this morning. I really want to thank my team. The cold open was fantastic. Did another great job this afternoon. This would kind of summarize everything. Let's go ahead, get it rolling. I'll come back at the end of it.

[Katie Tur]

Stocks closing mostly lower as a wild session comes to a close. Looks like we got gains on the Nasdaq here, but the S&P 500 Touching Bear Market levels early in the session. The Dow swinging more than 2500 points in trading today and the NASDAQ trading in a nearly 10% range. It was, to say the least, volatile.

[Scott Bessen]

Just saw this tweet from the Treasury Secretary Scott Bessant who posted that he is engaging in negotiations at President Trump's direction with government of Japan. That's an interesting one, Scott, because that does seem to indicate that there are negotiations going on behind the scenes or at least they're starting today. And one of the big questions for the market in all of this was whether or not this is a negotiating strategy or whether this is a permanent tariff strategy. We had Peter Navarro on CNBC earlier today saying this is not a negotiation and that even if a country like Vietnam came and offered zero percent tariffs, he said that wouldn't be good enough. We have to go below zero by getting rid of all the non tariff barriers here. Here you see Scott Besson saying, well it is a negotiation so make of that what you will. But it seems to be at least a little bit of a positive for those who don't like these high tariff rates.

[Mike Davis]

Scott, there's really no sign of the market finding stability. Just listen to the way these CEOs are viewing it. Jamie Diamond Diamond, CEO of JPMorgan Chase, says We are likely to see inflationary outcomes. Whether or not the menu of tariffs causes a recession remains in question, but it will slow down growth. Bill Ackman of the hedge fund Pershing Square says the President is losing the confidence of business leaders around the globe. This is not what we voted for, he says. We are heading for a self induced economic nuclear winter and we should start hunkering down. Richard Branson, a virgin, says this is the moment to own up to a colossal mistake and change course. Otherwise America will face ruin for years to come. Jay Hatfield of Infrastructure Capital Advisors. This is unambiguously stupid. And Isaac Larian of MGA Entertainment. This thing is going to backfire. And yet Donald Trump is still shrugging it all off, not bothered by what is dangerously close to becoming the worst three day sell off in 38 years. We'll see how things end bigger than Covid or the 2008 financial CRIs. As Politico put it this morning, your playbook author has only ever seen one example up close of a leader taking bold and purposeful economic action which instantly crashed the national economy. And she was outlasted by a head of lettuce.

[Donald Trump]

It would be nice to serve a nice easy term. But we have an opportunity to change the fabric of our country. We have an opportunity to reset the table. On trade, we lose billions of dollars. We lose close to $2 trillion a year. On trade, we lose a trillion dollars a year to China, A trillion. We lose hundreds of billions of dollars a year. On trade to China, we lose hundreds of billions of dollars overall, probably close to $2 trillion. Why would we do that? Number one, why would we do that? And then you have to say, is it sustainable? Then you hear about all of the people that say, well, deficits. If we have a deficit with the country or if the country has a big surplus with us, like China has a massive surplus that they take and they spend on their military, well, we don't want that. I don't want them to take 500, $600 billion a year and spend it on their military. I don't want them spending money on their military. And I shouldn't have to spend money. We shouldn't have to spend it either because, you know, hopefully, and I said this to President Xi, hopefully, it's money that we're never going to use. In other words, because we're not going to use those incredible weapons that we have and that they have. We don't want that. So it's going to be very interesting. It's the only chance our country will have to reset the table because no other president would be willing to do what I'm doing or to even go through it. Now, I don't mind going through it because I see a beautiful picture at the end. But we are making tremendous progress with a lot of countries. And the countries that really took advantage of us are now saying, please negotiate. You know why? Because they're getting beaten badly. Because of what's happening, they're getting beaten badly. They're being devalued as countries. But it's the only chance we're going to have to reset the table on trade. And when we do, we're going to come out unbelievably well. We're going to have a strong country economically again, and we're going to have those factories that are empty all over the United states. We've lost 90,000 plants and factories. Think of this. 90,000. You wouldn't think it's possible. 90,000 plants and factories since NAFTA, which was, by the way, the worst trade deal ever, ever developed, ever had by any country anywhere. Nafta.

[Katie Tur]

Well, in the past, he did care about stock market, definitely. Right. He thought it was the best single indicator of a president's success. The last time he was in power, when stock markets were going up. This time around, yes. He and Scott Bessen, his Treasury secretary, had been bragging about how interest rates were falling. Interest rates were probably falling because investors were dumping stocks and plowing that money into bonds, which mechanically reduces interest rates. But actually, today, rates have gone back up, which almost never happens. When you see a stock market rout like this, and there is some debate about why that might be going on, it might be because people are just, like, desperate to hoard cash, so they're selling everything they can. It might be that investors are trying to pull their money specifically out of the United States. And it might, in fact, be that there are expectations of higher inflation. When there is higher inflation, in this case, presumably due to Trump's tariffs, that would nudge the Federal Reserve to raise rates. Right. Which exactly is exactly what Trump does not want. So I think that's one very likely course of action here, that that's driving these weird things that we're seeing in the stock market that. Excuse me, in the bond market that, again, Trump had been bragging about, now has been silent on that. They're going the other way. But no matter what, the Federal Reserve is not going to bow to Donald Trump. It must not bow to Donald Trump. It is politically independent. Its actual independence and its perceived independence are crucial to its ability to keep inflation under control. Like, there is a reason why countries that have more independent central banks tend to have better inflation outcomes. And it's because if you put the money supply in the hands of politicians, people don't believe that that money supply will be stable. It's what happens in Argentina, it's what happens in Ethiopia, it's what happened in Turkey.

[Donald Trump]

We're cutting prices because prices got so high people couldn't live. I mean, the prices for groceries, the prices for standard. Standard groceries. Standard. Things were going through the roof. They couldn't live. And now those prices are coming down. So call them groceries. But that's down. Energy's down and interest rates are down. Everything's down. And the interest rates, the beauty there is when we refinance debt. You know, debt's become such a big factor in this country. We're going to get. We're going to start paying debt off with tariffs and other things. But it's such a big factor because the interest rate's so high. Well, now that's coming way down. So our budget's going to look a lot better because interest costs are way down. And I guess I've done that.

[Rosemary Gibson]

Mr. President, please.

[Donald Trump]

Yes, please.

[Stephen K. Bannon]

Thank you. Mr. President, I want to ask you.

[Rosemary Gibson]

About Iran because this is the first.

[Stephen K. Bannon]

Time we hear that the US Is having a direct contact with the Iranians. Is it possible to give us some more information at what level if the US Is visited?

[Donald Trump]

Very high level. We're dealing with the Iranians. We have a very big meeting on Saturday. Saturday. And we're dealing with them directly. You know, a lot of people say, oh, maybe you're going through surrogates or you're not dealing directly, you're dealing through other countries. No, we're dealing with them directly. And maybe a deal is going to be made. That would be great. That would be. It would be really great for Iran, I can tell you that. But hopefully we're not going to have to get into that. We are meeting very importantly on Saturday at almost the highest level, and we'll see how it works out. Please, how do you.

[Stephen K. Bannon]

This is the primal scream of a dying regime. Pray for our enemies, because we're going medieval on these people. There's no. 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.

[Scott Bessen]

And where do people like that go.

[Stephen K. Bannon]

To share the big lie? Maga 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. War room. Here's your host, Stephen K. Banner. It's Monday, seventh April, in the year of alert 2025. Black Monday was canceled. As much as Jim Cramer and the CNBC crowd and the MSNBC crowd, and particularly you know, Katie Turner, all these people don't know anything about the stock market, never cared about it, but now it's like the most important thing in the universe. The folks that financed the globalists, the folks that financed all the factories leaving the folks that essentially bet against the American people, the folks that went long other countries and shorted America, they're getting crushed. Americans are doing just fine in a historic day. A couple things, President Trump right there just dropped a blockbuster. Oh, by the way, we're in direct negotiations with the Iranians or direct talks. Let me know if Denver has it. Scott Besant, the Secretary of treasury and as you know, contributor at the War Room for a couple of years. Scott, this is what got things sorted during the day. Talk about process. And remember these reciprocal the reciprocity of the tariffs kick in on Wednesday, one week after they were announced on the 9th of April. And President Trump says, hey, it's no negotiation. This is what it's going to be, the formula. And this is why people confuse. It's not just the tariff rate. It's all the gaming of the system, the currency manipulation, the counterfeiting, the trying to get around the rules. Also all the barriers. They put up tons of barriers, what they call non tariff or non cash barriers. As Peter Navarro said for Vietnam, hey bro, even you went to zero. It's not even close to being good enough. And this has come as a wake up call, but they're still stacked up. So President Trump's prepared to listen, right? These are going to be trading partners. He's prepared to listen. But this is a total restructuring of the geoeconomic order throughout the world. Let me just read these two tweets that came out earlier and followed by a third about the Chinese Communist Party. This is Scott Bessen earlier in the afternoon following a very constructive phone discussion with the government of Japan, POTUS Real Donald Trump has tasked me and the US Trade rep to, to open negotiations to implement the President's vision for the new golden age of global trade. And then he is going to do it with the, with the prime minister and his cabinet. So this is direct high level negotiations. Then Scott Bessen followed that up by saying Japan remains among America's closest allies and I look forward to our upcoming productive engagement regarding tariffs, non tariff trade barriers, currency issues in government subsidies. I appreciate the Japanese government's outreach and measured approach to this process. Another big thing, this is like the Chinese Communist Party state owned industries and what they do to game the system with state owned industries against companies here in the United States. That have to compete. All we're looking for is a level playing field. This was followed very closely, very closely by China. And this is from the Secretary of Treasury now in charge of this process. China has chosen to isolate itself by retaliating and doubling down on previous negative behavior. Over 50 countries have responded both openly and positively to the President. United States Donald J. Trump historic action to create a fairer, more prosperous system of global trade. He looks forward to China getting the message. I think President Trump took tariffs a day over 100% against the Chinese Communist Party. It's the folks, the people that are whining are the people that finance the Chinese Communist Party. They've been outed, they've been unmasked and quite frankly they've been isolated with the Chinese Communist Party. Hey, if you got a problem with your stocks going down, don't finance the bad guys. And whatever you do, do not short the American worker. The United States of America and particularly never doubt Donald John Trump. He's coming to this one full on a total throwdown. And right now as we end trading on a, on a Monday was supposed to be Black Monday. Unfortunately for the bad guys, that was canceled. Katie Tur and they're going to cry great salt tears tonight over all those stocks that they didn't drop to the floor. This is completely manufactured as they're trying to use this as another weapon to drive President Trump from office and destroy maga. Guess what? Five days into it it's the, it's the tech bros in the Chinese Communist Party and the sociopathic overlords on Wall street taking it on the chops. 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. 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 in physical gold for no money out of pocket. Just listen to this five star review, quote knowledgeable, helpful, non pressure, end quote. That's what you get with Burt's Gold and that's why I've endorsed them for so long. Get your free info kit on gold by texting the word Bannon B A N N O N to 989-898. There's no obligation, just useful information. With an A plus rating from the Better Business Bureau and countless five star reviews. Text Bannon, Bannon Owen to 989-898 and let the experts at Birchgold help you secure your financial future today with gold. Here's your host, Stephen K. Bannon. You know, earlier, I don't know if we have time to play it, but Vandelion said they're prepared to go zero tariffs. But that didn't even start to talk about the state owned industries, what they've got in currents, all of it. But she made a threat there. If it doesn't happen, you know, if something they're prepared to stand up and take countermeasures. Hey lady, you take one countermeasure, all the underwriting we do for your defense is gone. Europe can't defend itself. Europe spends no money on defense. Think about this for a second. They have all these trade barriers. They rip you off constantly. There's no American cars in Germany. They ship the German cars over here right from Germany. Nothing's really made here, manufactured here, even the assembled parts. Even the assembly we do for Fords and others. The high value added parts are made over, you know, other places. She has the gall to sit there, hey, if you don't do this, we're going to retaliate. Retaliate one iota and we ought to pull all money out of NATO. Number one, we ought to move to two carrier battle groups there in the Red Sea taking incoming from the Houthis to keep the Suez Canal open so that you get trade. Right. Because as JD said in that text stream, only 3% of that of going through there has anything to do with the United States of America. We're keeping the Suez Canal open. Why? Because you guys are too broke and never put any money into the Royal Navy, to the French Navy, to the Italian Navy. Right. You've underinvested there for decades and decades and decades. And that's because the globalists on the Atlantic Council and Stav Reedus and all these people on Morning Joe, Richard Haass, you know, you had to have big partners of NATO. Why the European nation's elites spit in our face and stole from our workers. And President Trump has stood up for, stood up to that. It's not going to happen anymore. He's thrown down hard and she has the gall to retaliate, then fine. Not just cut off NATO. If we pulled out all the infrastructure of our military throughout Europe, the communications, the logistics, NATO wouldn't exist. These people have put no money into their military. And if you look at the polling, their young people won't volunteer for their military. Their young people won't fight for their own countries. You have some very brave people like in the, in the British army, in the Royal Navy and the French. You have some obviously young patriots in those countries that volunteer. But overall, you do the polling, they won't fight for their country, they won't volunteer generally, overall, in the United States, our infrastructure throughout Europe is what even allows any type of military response. So lady, you want to talk tough? People are to say, hey, we've had enough of it. We had a belly full of this. We're underwriting a bunch of elites that are skiing in Switzerland or hanging out in the south of France and we don't want to do it anymore. The American taxpayer doesn't want to do it. We told you it's going to be turbulent. This started off a little dicey last night, you know, at about 6:00 when the futures market opened. But it went all over the map today and kind of landed in not too bad a place. We're a long way from being out of this. President Trump says, hey, this is just the top of the first inning. You got to get ready. Because he is reordering global trade to focus on either one, bringing manufacturing back to the United States. So the American workers have high value added jobs, right? You know, the most premier manufacturing in the world and the American citizen can then get a great pricing off that. Or if you're not going to do that, you're going to pay up to get into this premium market. You're not giving it away anymore. And we should not be even considering giving up the military. I would actually charge the Europeans. If you want two carrier battle groups in the Red Sea and you want carrier strike forces hitting the Houthis to keep the Suez Canal open, start sending checks, folks, underwrite it. We're not doing it for free anymore. That's what it costs because we have a trillion dollar defense bill. The whole fiasco on the one big beautiful bill we haven't even had time to get into the last couple of days. It's a fiasco. There's enough no votes in the House right now that says it can't pass. And why these are the deficit hawks are saying, are you kidding me? We're actually increasing spending. Forget the happy talk over 10 years. That's all happy talk in, in this fiscal year, we're using Biden's budget 25. There's been no impoundments no rescissions. And we keep asking Russell, guys like, where are they? Doge, where is the fraud? Don't put up something on a website. I want to see cash money and I want to see people that start getting indicted if it's fraud. And on the programmatic side, where are the cuts? Where are the cuts? You're not seeing it. And I'm telling you, these two budgets, they've got debt ceiling increases of 4 trillion on one hand and 5 trillion on the other. And I think it's a two year deal. I don't think it's a four year deal. I think that's in two years. I don't know because I don't know all the details. But I also know they're going to run massive deficits. And so that just can't go on. We have to have an adults conversation. No more over in the Senate. They're doing gimmicks, they're doing games. The American people don't want to see it. And particularly maga, we want to face up that, hey, if things have to be cut, they have to be cut. If taxes on the wealthy have to be increased and taxes on the wealthy have to be increased. I'm sorry, I'm so sorry about that. But that's the financial situation we're in because working people deserve an additional tax cut besides the extension of the tax cut they deserve to have, as President Trump promised on the campaign, no tax on tips, no tax on overtime, and particularly folks, no tax on Social Security. You worked hard enough and you contributed so many years, you don't need to be taxed on that. On the, on the way up, two things you're going to do. Mike Davis is going to join us at the bottom of the hour. Rosemary Gibson, huge decision, the Supreme Court today, but they're thinking, they're working on coming into these courts with these radical judges. I'm not kidding. To stop Trump on his trade to say it's unconstitutional. That's going to happen. We'll talk to Mike about that because we're going to need you at the ramparts because now we've got to be bringing these judges in and grilling them in public to get people's minds right. Okay, we need a struggle session with Barrow, Howe, we need a struggle session with Boasberg, those two to start off with. And I think the message will then get out and you will have, you will have rulings that understand that President Trump's commander in Chief of the United States, big ruling at the Supreme Court today on that very, very, very topic which the MSNBC and the New York Times have been skipping around all day long about. There was an order at midnight that had to be, had to be fulfilled to bring this individual back. Not so fast. Mike Davis will be here to explain that. Rosemary Gibson going to talk about supply chain. Also an investigative report she's going to do, she's been doing is going to blow your head up as only Rosemary Gibson can do. Birchgold.com I told you it's going to be turbulent. Folks like the turbulence. It ain't going to stop. Go to birchgold.com right now. Easy way to do it is take out your phone, text Bannon B A N N O N at 98989. You get the ultimate guide to investing in gold and precious metals in the era of Trump. Do it today. It's accessible. It starts getting you into the process. Then you talk to Philip Patrick and the team or get the end of the dollar empire. It's a little more in depth. Talks about our overall financial problem, how we got the 37 trillion, how in the hell are we going to get out of here and some of the theories that the sociopathic overlords on Wall street used to get us into this mess. You want to see that? Go to birchgold.com bannon and do that today. Also, we're going to need you at the Ramparts. Mike Davis is going to talk about Article 3. Also going over at Bill Blaster. We're going to need people on the Ramparts blowing up the phones in the House, particularly on these judges over the next couple days because we got to, we got to get some minds right. The Judiciary Committee is not going to move on their own volition. They're going to send a strongly worded letter home. Title acts got the million dollar restoration project. You get 24 hour coverage in the middle of night. If anything's happening, you get an alert. So 24 hour day alert. Also, $1 million restoration package of all else fails. Go talk to Natalie Dominguez and the [e-mail] Steve25 is the promo code. You find out all about it. Don't let the only thing you've got to show that you own that real asset that has about 90% of your net worth in it is a thing called the title. Don't let anybody else get their hands on it. Go check it out today. The nightmare stories Natalie comes on here with will scare the devil out of you. Okay, intense day on Wall Street. Here's what's Happening. President Trump is going through both a geopolitical realignment. Think about it. At CPAC, back in 17, I said, hey, American first, national security policy, economic nationalism, and then deconstruction of the administrative state. Those are the three big verticals. He's doing it nonstop. A couple of the numbers, some of the engine room folks had repeat them. Okay, you got 37 trillion in debt right now we're going at about $1.4 trillion, I think gross amount of interest every year. Think about that for a second. $1.4 trillion just to go to pay the interest on this debt. Well, it's the flip side of the trade deficit. Trade deficit now is $25 trillion. I think in aggregate, that means we've spent more or sent more assets or monetized more assets to buy stuff coming into this country. We have a deficit. That's why President Trump was talking over a trillion dollars. With China, I think this is a gross amount. The net, I think with China is about 600 billion last year. The trade deficit, by the way, the last couple of months has been at record rates. Why? As. Because we don't make anything here. We're treated as an economic colony. We sent essentially raw materials and some services to China and they sent us back finished goods, many of which come from state owned industries. They kind of gamed the entire system. That and the transfer and stealing of intellectual property. So we have 25 trillion in trade deficit, 18 trillion just since China came into the World Trade Organization and got most favored nation status. I think it's $600 billion a year for stealing of intellectual property from our universities, from our companies, from the government, by the Chinese Communist Party. I think that adds up to another 25 or $30 trillion of stolen intellectual property that you paid for either supporting the state colleges or your taxes, going to Ivy League schools, the research or your equity investments. These companies. The intellectual property was stolen by the Chinese Communist Party, fully understood by Wall Street. That was one of the reasons they said, hey, you do these joint ventures, you can take the intellectual property. We get that too. The folks on Wall street knew this, why they were underwriting it. In fact, they encouraged it. They thought it was a good thing. You know, why put money in their pocket now it ain't putting money in their pocket. And they're quite upset. The last number is the, is the contingent liabilities on the US dollar over $100 trillion. I don't want to get into that because then you, you won't be sleeping at all a Monday. That didn't turn out to be Black Monday. Jimmy Kramer wanted it. Katie Tur wanted it. All the all the jackals over at MSNBC wanted didn't happen because President Trump once again stepped into the breach and his secretary of the treasury stepped up and started getting an orderly process of how we're going to work through this. Short commercial break Mike Gibson or Mike Davis. ROSEMARY gibson, next, only in the war room. 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 best selling 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. We're talking quality meals that last up to 25 years in storage and still taste like home cooked. The pandemic taught us how quickly store shelves can empty. Don't wait for the next crisis. Your three month emergency food kit includes free shipping, a disaster replacement warranty and 247 US based customer support. This special discount is available for a limited time only. Visit my patriotsupply.com now to secure your family's future with $100 discount. If you order by 3pm they'll ship your order within the same day. So you have peace of mind right away. Get my Patriotsupply.com by going to my Patriotsupply.com do it. Do it today. Use your agency. Action, Action, Action.

[Scott McFarlane]

Chief Justice John Roberts is temporarily blocking a district court order requiring that is that a Maryland man mistakenly deported to El Salvador be returned to the US by midnight. So this gives the court more time to consider the issue after the Trump administration requested they intervene. So the legal team for Kilmar Obrego Garcia now has until tomorrow night at five to respond. CBS News Department of Justice correspondent Scott McFarlane has been following this case closely. Scott, thanks for joining us. What can we expect in this case?

[John Roberts]

The Supreme Court's going to hit the snooze button proverbially on this case. Doesn't really change the fundamental dynamics here. They now have until 5pm tomorrow to make their arguments over the matter. But the matter stays the same. A court in Maryland, a federal judge, has ordered the return of Mr. Abrego Garcia by the end of the night tonight. Well, that's now pushed at least through 5pm tomorrow. The department of justice has acknowledged it was a mistake in deportation that shouldn't have taken place. But they've made the argument they can't get him from El Salvador because it's now in El Salvador's jurisdiction. The U.S. supreme Court may hash out some of what comes to them in this. They may kick this back to the federal judge in Greenbelt, Maryland. But for now, the deadlines have been delayed. They have not been canceled.

[Stephen K. Bannon]

Okay, Article 3's Mike Davis joins us. Mike, all day long, up until. Up until this happened, msnbc, this was like the B block. They were saying, he's coming back at midnight or Trump officials are going to be held in contempt. We just haven't. They haven't decided whether it's civil or criminal contempt. They were lathered up on this one, bro. What happened? Because you haven't heard a peep on it in MSNBC since this ruling came down by the Supreme Court. Why is this a big deal?

[Jeb Boasberg]

Well, I think the Chief justice finally understands that these activist judges don't have Green Beret law clerks. And so how the hell do these judges think that you're gonna order the President of the United States to negotiate with a foreign leader? A judge does not have that authority to order the president to negotiate with a foreign leader, especially on a compressed timeline like this, and get a result from that foreign leader to bring back any illegal immigrants into our country. This guy was from El Salvador. He was here illegally. He convinced an immigration judge that he was gonna be persecuted in El Salvador. Okay, well, you know what? Send him to another country. He shouldn't be in the United States if he's here illegally. And for this judge to think that she can order the president to negotiate with a foreign leader is just crazy. And fortunately, the Chief justice is starting to wake up. He's starting to get his judicial house in order.

[Stephen K. Bannon]

Now, you say this. He ruled against us the other day. Why do you think this shows you that he's now focused on what he said about this is important enough that this could. Because don't they. Aren't they on the hook to actually give briefings tomorrow on this contempt? We have a whole nother thing going. Bosbert's got a contempt hearing going about, you know, Bosberg trying to step in and be commander in chief.

[Jeb Boasberg]

Yeah, I don't know how Boasberg can think that his case is going to survive after the Chief justice just did this administrative stay in a case that the facts and the law are a lot worse for the Trump administration on this one than the trend that Boasberg tried to stop. So I don't. I hope that the Supreme Court is coming to its senses. I hope the Supreme Court is stopping these judicial saboteurs. I hope the Supreme Court understands that if Boasberg is able to hold Trump administration officials in contempt for not turning around planes full of terrorists and bringing them back to the United States after this, Boasberg the clown exposed, dangerously exposed this ongoing military operations. Four Saturdays ago when he wasn't even the emergency judge. That weekend, he took this upon himself to open up his courtroom, expose this ongoing military operation where the president is working with the Salvadorian president with a very sensitive military operation to get over 200 of the Western hemisphere's worst terrorist the hell out of America. And Boasberg thinks he can expose that. Boseberg thinks he can order planes to turn around. Boasberg did not know the fuel levels. Boseberg did not know the security footprint in America. We saw the security footprint in El Salvador. Why the hell would we have had that same security footprint in America? Cuz who would have imagined that some whack job DC Activist judge thinks he can order planes to turn around. So I hope that this is the chief finally getting his judicial house in order. Because if Bozbert holds Trump administration officials and contempt, good luck, Jeb Boozberg, enforcing your contempt order. Because I just. I don't see it happening.

[Stephen K. Bannon]

Okay. All day long this morning, there's been a huge buzz because Jonathan Karl broke it this morning on Stephanopoulos on Good Morning America that prominent conservative people in the judicial side of the conservative movement came to Jonathan Karl and said they are preparing lawsuits right now to go into court and to shut down President Trump's reordering of the global trade arrangements between countries. Your thoughts on this? This is once again, every action that President Trump is trying to take as chief executive officer of the U.S. government. Our commander in chief for national security purposes, is being thwarted by these. By these courts. What do you think about this one? Because I hear they may be as close as tomorrow to be ready to file.

[Jeb Boasberg]

I think that these activist judges and these activist plaintiffs are election deniers because President Trump campaigned on the fact that he's going to hire Elon Musk, he's gonna set up the Department of Government Efficiency. He's gonna secure our border, he's gonna deport illegal immigrants, particularly foreign terrorists. He's gonna impose tariffs on foreign countries to rebalance our trade that's been so out of whack for decades. And President Trump's doing exactly what he promised American voters he would do, and he got a broad electoral mandate to do it. 312 electoral votes, all seven swing states, the popular votes. He has the legal authority to do this, Both under Article 2 of the Constitution and his statutory authority. And I would say this, if you don't want the President to have so much power, maybe you should not give the executive branch so much power. Maybe you should follow the Constitution and have the executive branch with its specific enumerated and divided powers, and what's not specifically spelled out in the Constitution belongs to the states and to the people. But this idea that you're gonna delegate to the executive branch all of this power, but the President doesn't get to oversee that executive branch that we have unelected bureaucrats who are supposed to run the executive branch despite what the President wants. That's the very definition of a deep state.

[Stephen K. Bannon]

Mike, I've talked to a number of congressmen that are sitting there going, they think it's time for hearings, particularly with Burrow, Howe and Bozbert on these very topics. They're not saying start impeachment, they're saying, but they ought to come in at least for kind of public, I guess, depositions or at least hearings by Judiciary. I don't know if there's any momentum over there, movement over there. We've told the audience, hey, make sure you're doing your home title lock, because we've got to have you on the ramparts. What is Article 3 calling for right now? Because I know the audience wants it. I know the MAGA base wants it. I know there's many, many congressmen that think it should happen. I certainly know the people in the Trump administration want it and want it to happen right away. Where do we stand with all this? You're kind of the go to guy in this. Where do we stand?

[Jeb Boasberg]

I'm working very closely with Senator John Thune's office, the Senate Majority Leader, along with Senator Chuck Grassley's office, the Senate Judiciary Chairman, Senator Mike Lee, along with members of the House. We are working on legislation right now, various pieces of legislation to hold these activist judges accountable for their unlawful temporary restraining orders that aren't temporary. At least the Supreme Court finally fixed that problem yesterday or Friday. Excuse me, where Justice Amy Coney Barrett switched sides from her position. She took several, several weeks ago that unleashed this judicial sabotage. I said before that she's a rattled ball professor with her head up her ass. Well, at least on Friday she got her head out of her ass. And she finally understands that just because these judges called a temporary restraining order, that doesn't mean it's temporary. When you're sending $2 billion out the door, that's not temporary. It's not coming back. And so it sounds like she's back in line. What I've been calling on the War Room Posse to do is to go to article3project.org, and I've never called on this before, but what Jeb Boasberg, this activist Obama judge in D.C. is doing is so unlawful and so dangerous for him to expose and sabotage an ongoing military operation. I've never called this for this stat before. I think the Trump administration had a constitutional duty to ignore those orders to turn around the planes. And I also think the House of Representatives must open an impeachment inquiry on Boasberg, because if he's sitting through an impeachment inquiry, he's not going to have time to moonlight as the next commander in chief. Whatever Saturday he decides to go open his courtroom and expose an ongoing military operation.

[Stephen K. Bannon]

And as you called from day one, the reason this is important, people need to go to Article 33 today. And you've got a script there, too, about the impeachment. You know, even go by the hearing or even more important than legislation right now, is that he's going down the path of contempt. He intends to basically chop block the Trump administration. It's what they want to do at midnight tonight. If Roberts hadn't stepped in, if they didn't comply by midnight, this is all they were taught. They were lathered up all day. Oh, it's going to be contempt. The question now, is it going to be civil or is it going to be criminal? They're trying to go down. It shouldn't be lawsuit. This is the reason I went to prison was contempt. This is the weapon they try to use. Correct. And Boseberg's very specifically trying to use it with Trump on the commander in chief issue. This is why we have to take action now, correct?

[Jeb Boasberg]

Yeah. Judge Boasberg is acting lawlessly and dangerously. He has no need to know anything about these flights. He has no jurisdiction. This is at best a habeas case where those prisoners can file a habeas petition in Texas from where those planes took off. Jeb Boasberg does not have the jurisdiction, does not have the power to be in this case at all. He definitely does not have the power to order the president to turn around planes during an ongoing military operation. And think about how dangerous that is. Think about how dangerous this precedent is where a judge can expose and sabotage an ongoing military operation, tell the President to turn around planes with 200 plus of the worst terrorists in the Western hemisphere. And then the judge, the President lands the planes, thank God. And this judge thinks he's going to hold people in contempt. He's tried to figure out how his order was, was ignored. Hey Jeb, you know why your, your order was ignored? Because it was completely lawless and really dangerous, right? Did you know the fuel levels of these planes? Did you know if there was a security footprint back in America to take 200 of the worst terrorists? Did you want to undermine the President's ability to conduct foreign affairs? If you're going to embarrass a foreign leader after he has several hundred of his law enforcement, military and intel officials waiting for these terrorists and this high stakes operation and you're going to embarrass that foreign leader so they don't want to do business with the President going forward. Hey, Jeb, go to hell, buddy.

[Stephen K. Bannon]

Big victory on Friday, another big victory today. But we need to get this done. On Boasburg. Where do people go, Mike, on Article 3, where they go? What do they do?

[Jeb Boasberg]

Article3project.org, Article3project.org donates, but only as much as you can afford. Follow us on social media and the action item right now is let's impeach Jeb Boasberg's ass. Let's haul him in. Let's make the process the punishment. If he thinks he's going to take off his judicial robe and climb into the political arena and throw political punches, the Article 3 project is very happy to throw political counterpunches.

[Stephen K. Bannon]

Mike Davis, also your Twitter feed, it gets a little hot late at night. Where do people go?

[Jeb Boasberg]

Mrd, dmia, My initials in Des Moines, Iowa. And thank you, Steve.

[Stephen K. Bannon]

Thank you, Mike Davis, and thank you for leading the fight. Remember, the courts is where they think they've got the advantage right now, including on this trade situation. And these are conservative groups. What we hear from Jonathan Karl at ABC News is that some, some big conservative groups are going to take President Trump to court to try to thwart his efforts to reorganize the world's trading system so that American workers benefit in the United States of America. Short commercial break Back in the warm in just a moment. Spread the word all through Hong Kong. We will fight till they're all gone. We rejoice when there's no more. Let's take down the ccp. 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 host, Stephen K. Band, one of the best people we ever had come on the show now joins me, Rosemary Gibson. Rosemary, you put a book out in and for those of you that have come to the show in the last couple years, back in the early days of the pandemic, Rosemary Gibson shocked America by coming on war and pandemic at the time and saying, hey, got a heads up for you folks. Most of the supply chains on so many important areas are really controlled by the Chinese Communist party. And they've done this just not to make money but also strategically. One of them is in generic drugs and active pharmaceutical ingredients. She published a book that was suppressed by big pharma. It came out in 2018, I think called China Rx. That was one of the most, you know, it was an ira. Was it turbo type expose or Sinclair Lewis from back in the, from back in the 1920s and 30s. This was a blockbuster that shocked people about how China had done this and making money off it but also using it strategically. It's the reason we talk about the Jace medical guys. They eventually built a business around it. Now this fight about supply chains because this is one of the things we're talking about. The company guys come and talk to the press and say, hey, look, we're going to build the factories, we're going to put money in. But we also had to bring the whole ecosystem back with us, including the supply chains. This is going to take a while because the CCP has done this strategically. First off, where do we stand with the generics? Because you've been working in with President Trump and others to try to solve this problem, which appears to be unsolvable. But also you have another massive expose, ma'am, in your investigations into this area. You've got another blockbuster for us. So the floor is yours. Rosemary Gibson, welcome back into the war room.

[Rosemary Gibson]

Steve, it's great to see you. Thanks so much for airing this issue. Yeah, China RX exposed how dependent we are as a country. So most of the medicines that Americans take, Steve, each one depends on China for at least one component. And China knows exactly what our pain points are. So I can imagine we might see some disruption in our medicine supply chain in terms of the the starting materials. It's just like the rare earths. China controls the upstream on the global supply. So we could expect to see some real challenges with that. But I think the real news here, what's new today, Steve, is that it's not just that we've lost jobs and lost our industrial base. We've had our trading partners dump substandard drugs into the United States. These are not the illegal ones. These are the ones in the legal supply chain. And this has been known for a while. And the good news is we had some tremendous leadership from the Department of Defense, and they started a generic drug testing program in November 2023. They realized the importance of this. They have to protect their war fighters, their family members and retirees and veterans. And so some of the results are just beginning to come out, Steve, in their blockbuster, they're finding after just testing the first few drugs, and some of these are in the top 10 of what Americans take, that 13% of them have manufacturing defects. They have carcinogens in them, lead, arsenic. And some of them don't work as they should because they're not manufactured properly. If you ask any manufacturer with a product with 13% manufacturing defects, that is off the charts. People bet their lives on these things. And some of these products are really lifesavers. And I stay tuned because there could be some things coming down the pike showing that Americans are not doing too well on some of these. So we have to fix it and fix it fast. And the other key thing is that the Department of Defense stocks the White House pharmacy, and I'm sure it must stock the crash carts. And so first priority 101 is to expand this testing. And by the way, we have to brief the new senior leadership in DoD because this was started under the prior leadership. And I Give them a lot of credit for this. We have to brief the new leadership team in DOD and they have to expand this testing and these test results, they can be used by hospitals all over the US because they're all the same what's used in the White House and elsewhere, basic drugs and hospitals around the country. We have to start testing.

[Stephen K. Bannon]

Hang on, Rosemary. Hang on. Before my head blows up. I'm a simple man. Let's go back to the beginning. These generic drugs. Well, hang on. The generic. I know China's got a reputation making some shoddy product, but I thought that since they do the generics and put in, they make the ingredients for other drugs once they come into. Once to get into the United States, don't you have to go through some sort of. I don't know if it's FDA or who does it, but is it somebody besides Customs and Border? Don't these have to be inspected to make sure that they're the quality. They say so in the package. And so you don't get arsenic or lead or whatever else you said was in there. Isn't there already a testing apparatus that just says, okay, this batch is not good and it's got to go back and we find the company or we tell the company, you no longer can make drugs and products that come into the United States, ma'am.

[Rosemary Gibson]

Steve, we have in a de facto two regulatory systems. We have one for US Firms and European firms that are professional, trustworthy companies and trustworthy countries. And then we have in the case of China, and by the way, these manufacturing defects are in products coming from multiple countries. Could be India. It was just an issue with South Africa where they've, they didn't have sterile facilities. They had an outside door left open, letting all sorts of air come in. What's supposed to be a sterile facility. We have billions and billions of pills coming in every day, Steve, and it's an impossible task for one federal agency to do that. But with regard to China in a nutshell, China has no respect for our law and our regulations when it comes to the FDA. It was really shocking to see the former FDA commissioner two years ago, March 2023, tell Congress that China was blocking FDA inspectors from traveling to that country because they inspect the facilities. It was blocking them. Not transparent. Big problem.

[Stephen K. Bannon]

Rosemary, hang on for one second. I'm going to hold you through to the 6:00 hour. A blockbuster report as only Rosemary Gibson can give. I'm going to have to drill down into some more. It sounds like the drugs coming into the country from China are not properly inspected and where they are inspected, they're found wanting. Now who would ever think that the Chinese Communist Party would be would be part of some sort of system that sent defective goods to the United States of America, including including the White House who to thunk it into our military. Short commercial break Leave you with the right stuff. Rosemary Gibson on the other side. And we're going to talk about Netanyahu's visit. Kind of a surprise, I think to him about how advanced the discussions are with the Americans and the Persians. Direct discussions, negotiations sounds like. Also some blockbuster news on artificial intelligence. All next hour 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 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. Call Tax network USA at 1-800-958-1000. That's 800-958-1000 or visit tnusa.com Bannon that's Tax Network US USA. Go to tnusa.com Bannon Curd human really.

[Unknown]

Trying to fill this gap with 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 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.

[Stephen K. Bannon]

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 risk 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 roomhealth.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. All1 word war 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.