Episode 4400: Cutting Trillions Of Dollars And Cutting Off The Globalists

Summary

Podcast Summary: Bannon’s War Room – Episode 4400: Cutting Trillions Of Dollars And Cutting Off The Globalists

Introduction

Bannon’s War Room Episode 4400, titled “Cutting Trillions Of Dollars And Cutting Off The Globalists,” released on April 9, 2025, delves deep into the ongoing economic and geopolitical conflict between the United States and the Chinese Communist Party (CCP). Hosted by Stephen K. Bannon, the episode features insightful discussions with experts like Jack Posobic, Caroline Wren, Scott Bessant, and Cameron Kinsey, focusing on strategies to counter globalist influences and realign international trade dynamics.

1. The Current Economic Climate and Immediate Concerns

Stephen Bannon opens the episode amidst a volatile economic landscape, highlighting significant movements in the stock and treasury markets:

• Market Volatility: "Dow down 310 year treasury at 435. It's kind of calmed down. Trading's a little more robust than it was earlier today in gold's at what, 3,070 bucks." (00:50)

Bannon emphasizes the urgency of mobilizing support against perceived globalist agendas, urging listeners to engage with platforms like War Room.org and participate in initiatives to realign economic policies.

2. US-China Tensions and the Role of Southeast Asia

Jack Posobic provides a detailed analysis of Southeast Asia’s strategic importance in the US-China economic war:

• Southeast Asia as a Frontline: “Vietnam and Philippines, that’s our frontline states against China in the South China Sea.” (02:52)

Posobic underscores the strained relationships between ASEAN countries and the CCP, noting historical conflicts and current disputes over maritime territories.

Caroline Wren, representing the Treasury Department, expands on the opportunities for the US to forge stronger trade relations with ASEAN nations:

• Excitement for US Deals: “They are so excited to come to the table and get to do a deal with President Trump.” (05:17)

Wren highlights the eagerness of ASEAN countries to engage in free trade agreements with the US, citing issues like Chinese corruption, infrastructure failures, and environmental degradation as catalysts for this shift.

3. Strategies to Counteract Chinese Economic Maneuvers

The discussion delves into specific strategies the US is employing to undermine CCP’s economic influence:

• Eliminating Trade Barriers: Bannon points out the multifaceted nature of the trade war, including tariffs, currency manipulation, and non-trade barriers. “These are going to be tough to do. They can be worked out, but we definitely have some work to do.” (07:35)

• Leveraging US Negotiators: Wren praises the US’s negotiating team, mentioning figures like Peter Navarro and Howard Lutnick, as key players in securing favorable trade deals. “We have the absolute A team and we have these ASEAN countries that desperately want to make deals.” (08:35)

4. Debates on Trade Policy and Economic Philosophy

A heated debate unfolds between Peter Navarro and Spencer Morrison regarding the impact of government size on trade deficits and offshoring:

• Navarro’s Stance: Navarro argues that global tariffs and self-destructive trade policies have led to the US’s significant trade deficit. “Globally, we have purchased a net trade deficit of $24 trillion over the last 50 years.” (17:17)

• Morrison’s Counterpoint: Morrison counters by stating that the trade deficit is a symptom, not the root cause, and emphasizes the supremacy of the US government’s size in influencing economic outcomes. “We spend $7 trillion a year. Nobody comes close to that.” (17:29)

• Navarro’s Rebuttal: He maintains that it’s not about government size but rather flawed trade policies that have enabled China to amass economic power at the expense of the US. “It has everything to do with insane self-destructive trade policies.” (17:38)

5. The Role of ASEAN and Upcoming Negotiations

Scott Bessant, Secretary of Treasury, discusses the alignment within the West Wing to support President Trump’s agenda:

• Alignment and Leadership: “We're taking the power back from these globalists who have taken advantage of us for years on end.” (31:24)

Bessant emphasizes the importance of cohesive leadership and strategic negotiations with ASEAN countries to establish robust trade agreements that diminish China’s economic foothold.

Cameron Kinsey elaborates on the broader implications of the US’s economic strategies:

• Economic War Justification: “President Trump is responding to their economic attack. He is maneuvering them into a regime crisis.” (48:03)

Kinsey warns of potential non-economic retaliations from China, such as kinetic or biological responses, underscoring the high stakes of the ongoing economic conflict.

6. Debates on Libertarianism vs. America First Movement

Brad Thayer critiques the libertarian approach to economics, contrasting it with the America First movement:

• Libertarian Critique: “Libertarians are amoral. It’s all about consumption. It’s not about production.” (21:14)

• America First Philosophy: Thayer advocates for preserving community, environmental stewardship, and national legacy over mere economic consumption, arguing that the America First movement embodies these values more effectively.

7. Implications for the Future and Final Thoughts

Bannon concludes the episode by reiterating the critical nature of the current economic conflict:

• Supreme Hour: “This is the supreme hour. This is the moment to act as President Trump is acting.” (25:05)

He highlights the potential for significant shifts in global economic structures and the necessity for sustained efforts to counteract CCP’s strategies.

Conclusion

Episode 4400 of Bannon’s War Room provides a comprehensive analysis of the US’s strategic moves against the Chinese Communist Party, emphasizing the pivotal role of Southeast Asia in this economic battle. Through expert insights and robust debates, the episode underscores the complexities of global trade wars, the importance of strategic alliances, and the ideological battles shaping current economic policies. Listeners gain a clear understanding of the multifaceted approach the US is taking to reclaim economic dominance and ensure national prosperity in the face of globalist challenges.

Notable Quotes with Timestamps

• Stephen Bannon: “The people have had a belly full of it. I know you don’t like hearing that.” (00:01)

• Jack Posobic: “Vietnam and Philippines, that’s our frontline states against China in the South China Sea.” (02:52)

• Caroline Wren: “They are so excited to come to the table and get to do a deal with President Trump.” (05:17)

• Peter Navarro: “It has everything to do with insane self-destructive trade policies that are instituted by global tariffs.” (17:38)

• Brad Thayer: “Libertarians are amoral. It’s all about consumption. It’s not about production.” (21:14)

• Cameron Kinsey: “President Trump is responding to their economic attack. He is maneuvering them into a regime crisis.” (48:03)

• Stephen Bannon: “This is the supreme hour. This is the moment to act as President Trump is acting.” (25:05)

Note: All timestamps correspond to the provided transcript and are included to reference specific segments within the episode.

Transcript

[Steve Bannon]

This is the primal scream of a dying regime. Pray for our enemies because we're going medieval on these people's not 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. And where do people like that go to share the big lie? MAGA Media I wish in my soul, I wish that any of these people had 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.

[Jack Posobic]

War room here's your host, Stephen K. Band.

[Steve Bannon]

Okay, welcome. It's Wednesday the 9th of April in the year of our Lord 2025. A very wild night overnight right now. Dow down 310 year treasury at 435. It's kind of calmed down. Coming back down. Trading's a little more robust than it was earlier today in gold's at what, 3,070 bucks. Make sure first off we need you on the ramparts this week. Mike Davis, he reported live from the White House yesterday. Might want to know why he was at the White House. Hey, who knows? Inquiring minds want to know. Mike Davis is calling for everybody to go to Article 3 project get on the Ramparts. And he wants an impeachment of Boasberg, that radical judge. Something on substack right now by the great Julie Kelly that saying he's been slowed down for a while of intruding with President Trump And President Trump as commander in chief, think what's going to happen when President Trump ramps up the kinetic part of the fentanyl war. And the report coming out of treasury today is that the Chinese Communist Party are essentially doing nothing on fentanyl. Anything that's being slowed down at all is because of Trump's tariffs on Mexico. Make sure you go to home title lock today. $1 million triple lock protection. The triple lock $1 million promise and protection. You get 24 hour coverage and if anything happens you're notified immediately. If all else goes wrong, they put $1 million in a restoration project around that piece of paper that shows you actually own your real asset called your home. That would be your title. So go right now to hometitleock.com the promo code is Steve25. And talk to Natalie Dominguez and the team, the education team over there. Get all the details but do it today before we go to Kuala Lumpur Jack Posobic, this your area, especially Southeast Asia, these partners, they've been, first off, they hate the Chinese Communist Party and they particularly have never had really great relationships with the Chinese. Right. Dynasty by dynasty.

[Jack Posobic]

Absolutely not. And certainly Vietnam and the Philippines I would put at the very top of that list. There's no love lost there at all, particularly between the Vietnamese who are actually the last country to have really fought a war with China back in the 1970s at sea, where the CCP and at the time the People's Liberation Army Navy showed their lack of sea lift capability. But you know, going with the Philippines as well, you've seen these massive, these massive trade incursions, the fishing rights, the fishing boats, the water cannons, things that have gone off and these Scarlet Barbara Shoal and all these different areas where China has been building these islands and claiming sovereignty over the entire South China Sea to the nine dashed line writ large. But, but really, Steve, when you look past Vietnam and the Philippines, the Vietnam and Philippines, that's our frontline states against China in the South China Sea. But a real strategic hub and key of all of this is going to be Singapore. Because with Singapore you've got military access, you've got Chiang Nai Naval base and they have the diplomatic influence within ASEAN to reach out to folks, Indonesia or Malaysia, because Indonesia and Malaysia have always kind of played the two sides against each other. The Malaysians are constantly making deals with China, of course, in terms of this. So that's what you've got to be able to do because look, if China wants to get their goods to market currently they've got to go through the Straits of Malacca, they've got to get that up. And what's right there is South China Sea and then Singapore. This is, by the way, the reason ASEAN is the reason that China is so, is so adamant on exploring this northern route. So if they can get a polar route, then they don't need the Straits of Malacca, they don't need the Strait of, they don't need the, the Suez Canal, they don't need the rest of it. So they can go over the top, but they currently aren't able to. And that's why Asian is such an important impediment to them.

[Steve Bannon]

So Caroline Wren, you're there and the Secretary Treasury, Scott Bess, and the reason Mark has kind of calmed down, they're a little choppy now. They calm down actually in positive territory. Scott did Maria Bartiromo and others this morning, he talked about, he's an active discuss negotiations with the Japanese with the South Koreans. And the Vietnamese are actually on a plane with their delegation. They're first in the queue. How is that playing with the Chinese Communist Party? We're live with you in Kuala Lumpur, where the ASEAN Conference is going on.

[Caroline Wren]

Ma'am, I've been over here for a while. I started, I've been in Taiwan, Vietnam, the Philippines, Thailand, Indonesia, Singapore. And now I just got to Kuala Lumpur and the ASEAN Conference is happening here. And actually the chair of ASEAN is Malaysia. And so what is really scary, what I found from all of these countries, everything Jack just said is absolutely accurate. They love America. They actually, I mean, they're scared about the tariffs for sure, but they are so excited to come to the table and get to do a deal with President Trump. What I've been doing over here is meeting with a lot of private business leaders, talking about the huge opportunity that they have right now to come make a grand free trade deal that involves investment in the United States, better relations for them with the United States. You should see how excited folks are because they just, they, China comes in their countries and destroys them. They come in and they do, you know, they bribe the officials to be able to take these contracts. They steal their rare earth minerals, keep mine in Thailand. The building that just collapsed, I learned that was being built by a Chinese company. The earthquake, yes. While it was bad, it was not too bad in Bangkok. There is no excuse for a building like that to collapse, except for the fact that when you let China come in and run the construction in your country, it's terrible. They're terrible trading partners, they are terrible business partners. And the ASEAN countries are looking to us for leadership. They desperately want to make deals with the United States. But President Xi is about to come in with a hammer and come after all of them. And they are just terrified. In fact, President Xi just announced. So, as you mentioned, Vietnam is meeting, in fact, today with Secretary Besson. They're the ones taking the charge and the lead to negotiate with President Trump. Their General Secretary was the first one to call President Trump. They had a great call. So that meeting's happening today. Well, what did President Xi do to counter that? He announced that he is going to Malaysia, Cambodia and Vietnam. Keep in mind, he has never come to Malaysia. He's never come to these places. He is going to come there and absolutely drop the hammer on these countries. And so I do think right now it is very important that Vietnam's meeting goes well, that these other ASEAN countries have the courage to follow which they are right now. And that the United States, that we were able to come together in a grand bargaining deal with these folks and we could really realign the world order here.

[Steve Bannon]

Yeah. Remember, one of the situations with particular the Southeast Asian countries, the ASEAN countries, is that it's not just the numerical part of the tariff, it's also currency manipulation, counterfeiting, non trade barriers. So these are going to be tough to do. They can be worked out, but we definitely have some work to do. You're breaking some news. Xi's actually, because I don't think Xi's ever actually visited these countries. You know, the Chinese Communist Party is not beloved in Vietnam, although Vietnam is technically still run by a Communist party. They're not beloved, given their ancient history. And the rest of Southeast Asia has a big problem with a lot of the overseas Chinese that represent the Chinese Communist Party, as you said, trying to use predatory capitalism to take over. So how's that? Because I guess she's saying, don't go to America. You don't need to deal with Trump. Deal with me. I'm coming. And in fact, you should call off any involvement with the Americans.

[Caroline Wren]

Actually, I think what he's doing is he is bracketing, he is going to those countries who have announced that they are sending their delegations over to negotiate with the United States. And he's doing that to say, send your delegations home. Right now, I'm showing up in your backyard, into your country and you're going to negotiate with me. And so I think it is in the US Best interest to be taking all the meetings with these ASEAN countries right now, telling their delegations to stay in the United States, stay and negotiate with us. There are certainly some big concerns that the United States has. Like, there's been a lot of ways that we, these ASEAN countries can fix different things. You brought up currency manipulation, different trade barriers, but now we, we have all the leverage in the United States to do that. That's why I think what President Trump is doing is brilliant. I think we could not have better negotiators on our side than we do with Peter Navarro, than we do with Scott Bessant, than we do with Howard Lutnick. I mean, we have the absolute A team and we have these ASEAN countries that desperately want to make deals. So I just think now is the time to do it. And we have to show them that we are open for business. We want their business, we want to trade with them. Do not be afraid. I know it is very terrifying to have President show up in your backyard, but this is where US has to show strength and we have to hopefully make deals quickly with a few of these countries to show others that you need to follow our lead or else you'll be left to only be able to deal with China, which is not what any of them want.

[Steve Bannon]

Caroline, on social media, you've been on trip and by the way, I just want to make sure this was not inspired by the White Lotus, right? Season three of the White Lotus did not inspire you to go take this all of a sudden. Caroline Rens in Southeast Asia, you were not inspired by White Lotus.

[Caroline Wren]

I've seen the other season, but I have no way to even get it over here. So I've not gotten to see it. A lot of people are asking me about it and I've noticed there's like White Lotus bars. But no, I've been working day and night meeting with private industry leaders. There's so much opportunity here for prosperity in both this region and also in the United States and around the world. These trade, free trade deals, this package deals that Trump wants to do country by country are just an unbelievable opportunity. And with Vietnam specifically, specifically, April 30th is the 50 year anniversary of the end of the Vietnam War. What better way to celebrate that than a grand free trade deal between these two strong countries and having an Oval Office ceremony and also ceremony commemorating the 50 year end of that. So it's very timely right now and I'm so thrilled to see how excited that these Asian countries are to do business with President Donald J. Trump.

[Steve Bannon]

Where do they go? Where do people go to get you on your travels, ma'am?

[Caroline Wren]

It is at Caroline Wren on Twitter getter and Truth Social.

[Steve Bannon]

Thank you, ma'am. Appreciate it. Appreciate you staying up late. Jack Bosobic. Is she going to sit there and let the United States try to work out trade relationships and have these guys actually take care of the currency manipulation, all the ways they try to game the system and actually become fair trade partners with the US Is the Chinese Communist Party going to allow that or is this another front? Folks, you understand this is a global conflict between the Chinese Communist Party and the United States of America. From Mex, from drug labs in Mexico to the Arctic and everywhere in between, is Xi just going to sit there and let us cut deals? Because Caroline's right, the ASEAN countries remember what the Chinese have done to them. They'll be all over trying to partner with the United States to do something. Is China going to allow that to happen, sir? We'll see.

[Jack Posobic]

They're not going to allow it to happen. But might not be up to them. Look, you know, when it comes down to it, Xi Jinping arriving as a general secretary of the Communist Party, going, Chairman Xi going to asean. This is, this is monumental. This is something that hasn't happened before. Typically, typically when the way the Chinese Communist Party talks with, with ASEAN is, is by bayonet or a water cannon or building, you know, building these islands up in their, you know, up in their grill, up in their backyard and then sending their aircraft carrier out to run flight tests. No, this is, this is very, very telling that Xi Jinping is going himself, not by a delegation, not Wang Qishan. No, he himself is going to be going to there to have this conversation. And I wonder, by the way, I also wonder if Russia is going to be sending a delegation as well, because now we're really going to start seeing the interplay here. Plus, by the way, you've got a lot of other countries in the same region. Look, we're talking about some major economies that do business that goes, that travels through ASEAN as well. We're talking about who the South Koreans and the Japanese. So who did Secretary Besson have dinner last night? It was the Japanese ambassador. The Japanese delegation, they came over, forced the South Koreans as well. Samsung, we all know about that. Their power. Look, these economic deals have put everything, everything on the table as President Trump's economic restructuring of globalism has begun. The great deal.

[Steve Bannon]

Jack Posobic, you're back up at 2. I may pick your brain in the 5 o'clock hour. Where do people get you? Where do the people get you? In the interim, sir, we'll be up at 2.

[Jack Posobic]

People can get the podcast every single day. Human Events Daily. Make sure you go and download. Get that podcast. My brother was somehow responsible for naming the Gulf of America. We're breaking news every single day.

[Steve Bannon]

Every single day. The brothers Pasovic and you are one of the best experts around on China and the Chinese Communist Party. Thank you, sir. Appreciate it.

[Jack Posobic]

Thanks, Steve.

[Steve Bannon]

If you like geopolitics, if you like geopolitics, Capital markets, which we kind of specialize in here in the war room. Rickards. Go to rickardswarroom.com to get strategic Intelligence, his monthly newsletter. You will absolutely love it. He throws in a free book on artificial intelligence and capital markets and currency. Rickards war room.com Jim Rickards, one of the smartest, wisest men in the world today. We're trying to get Jim on tomorrow because there's a lot happening as the economic war between the Chinese Communist Party and the United States of America. America goes global. 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 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 Burch 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 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.

[Peter Navarro]

I think we're all on the same side when it comes to big government. We want smaller government. We want less taxes.

[Spencer Morrison]

Well, tariffs are bigger government.

[Peter Navarro]

Tariffs are not bigger. It's not bigger government. We're keeping big government out of American markets. The Chinese government is the biggest government in the world. And each. Every Chinese industry that's exporting their crap to America is an arm of the Chinese government. They're directly subsidized by the Chinese government. They get loans, they dump their products in American market at below prices.

[Spencer Morrison]

Well, there are a lot of countries that have trade surpluses with China. Why is that? There are plenty of countries.

[Peter Navarro]

Because they're selling them raw materials.

[Spencer Morrison]

Huh?

[Peter Navarro]

They're mercantile resource colonies. Do you want America to be a mercantile resource colony?

[Spencer Morrison]

There's always an excuse, Peter.

[Peter Navarro]

It's not an excuse. It's a fact. It's a. It's an economic fact. And I've. I've raised this issue three times with you and you don't have a response. And I'd like to raise. And I'd like to hear your response. Well, the fact is, is that Germany has a bigger government than America and yet German industry is not offshoring. China has a bigger government than America and their industry is not offshoring. Where our, Our stuff is going there. So how do you grapple with that fact?

[Spencer Morrison]

Well, first of all, bigger, because we got the biggest government in the world. We spend $7 trillion a year. Nobody comes close to that. So in the biggest government, America's government.

[Peter Navarro]

Is way smaller than Germany spending the GDP.

[Spencer Morrison]

Yeah, well, what are we at? About 40% with state and federal government.

[Peter Navarro]

I just wonder how you square this circle where you're saying that, oh, America's industry is offshoring because we have big government. And then you got Germany and Italy and they have bigger governments in America, France and their industries are not offshoring. And then China's got the biggest government of them all and they're actually gobbling up our industry. So I don't think it has anything, it has nothing to do with big government. It has everything to do with insane self destructive trade policies that are instituted by global tariffs. The issue is that America has export, has, has purchased a net trade deficit of $24 trillion over the last 50 years. And that's $24 trillion that could have been used to build American factories, to build American roads, to build American ports, to hire American workers and to build our families and our communities. All of that money went abroad. It wasn't paid to American workers in wages, which it should have been. Instead it was sent to build up China. You look at China since 2001, that country is absolutely unrecognizable. In 1984, the Chinese were driving around in rickshaws and today they're going to the moon and they're building missions to mar. And that was all 100% funded by America, by the American.

[Steve Bannon]

It wasn't.

[Spencer Morrison]

Okay, okay. It's because China was a communist country and they got rid of communism and embraced free market capitalism. And that's what enriched China is to.

[Peter Navarro]

Serve the best interests of the nation and the people. And those interests transcend simply consuming products. The interests are to serve, to create beauty and to promote and protect the environment. To preserve a future for the people. Not to maximize the current generation's benefit benefits at the expense of our progeny.

[Steve Bannon]

But to deal with who chooses what the best interest is for the United States public.

[Spencer Morrison]

Who gets?

[Peter Navarro]

We the people. And that's why we elected, that's why Donald Trump got elected to do this. If the, that's the whole point of.

[Spencer Morrison]

It people want and the way to deliver the highest standard of living is the most amount of economic freedom. We're not. When we're free to trade with one another, when people of one state are free to trade with people at another state and people of one country can trade with people, another country. Remember, America doesn't trade with China. I'm an American. I trade with a private citizen who happens to live in China, where two people doing business with one another, voluntary to our mutual advantage. See, what you're doing is you're looking at the trade deficit as the problem. The trade deficit is the symptom of the problem.

[Peter Navarro]

And I'm simply recognizing that nations exist. There are different levels of hierarchical organization and society over and above the individual. An individual exists, but an. An ontological sense, so does a family or a nation or a people. Right. You just don't understand what America is. You're saying America's a market America. America is not a market America.

[Steve Bannon]

A hat tip to Zero Hedge. That was quite amazing. And I know it's going to get a lot more view. I mean, you got a huge audience last night, but Zero Hedge sort of kept keep it up and push it hard, because that was about as spirited as you could get in two different perspectives. Spencer, your assessment, particularly given what's happened overnight. Now, this is flat out economic war. And folks in this audience understand this. That's why you're the bedrock of the MAGA movement, the unrestricted warfare. The Chinese Communist Party is now. I mean, the people's war is from 2019, but the unrestricted warfare has been for 20 or 25 years. Spencer Morrison, your thoughts?

[Brad Thayer]

Well, I think it very clearly shows the difference between the libertarian and the America first movements. And the reality is that libertarian is not just a morally bankrupt ideology. Libertarianism is amoral. Libertarians see people not as, just as atomized individuals, as people who exist for the sole purpose of consuming and maximizing their pleasure. And I think, you know, the America first crowd understands that people are not just individuals. There are different levels of ontological existence. You're not just an individual. You're a son, you're a father, you're a member of a family, you're a member of a community. You're an American, you're a man or a woman of the West. And we share in all of this cultural legacy for thousands of years, and it's our duty to pass this on to a project. And what libertarians are seeking to do is they're seeking to maximize the advantages and the luxuries that they consume in this lifetime. And I think we have to remember that we're not. We are one link in a chain that's unbroken going back a thousand years, and it will go into, into the future for a thousand years. And we have an obligation And a responsibility to preserve America for the future. And not just America's economy, but also to preserve beauty, architectural beauty, to preserve the ability of the American people to exert rights and freedoms. But those rights and freedoms comes with responsibilities of stewardship, stewardship towards, for example, the environment. And I think it's very, very telling when I brought up in the debate last night that part of off one of the externalized costs of offshoring, one of the reasons it's cheaper to do business in China is because they rape and they loot and they pillage the environment and they pump out all of these toxins into the environment that we end up breathing in, and they end up poisoning our water supply. And he laughed and he says, well, that's China's problem. And I think it just goes to show how amoral the libertarian ideology is. It's all about consumption. It's not about production. And they don't care if they destroy the natural environment. They don't care if they destroy families. They don't care if communities are hollowed out. I mean, these people laugh when factories move abroad so that they can save 50 cents on a spatula. They don't care about the relationships between people. You know, when people, when a factory moves, a community dies. And we've seen this all throughout the Midwest. America's industries are hollowed out. But guess what? The towns are also hollowed out. And people can't just move because people have, you know, children in school, they have grandmothers that they need to take care of. I mean, they've done genetic studies, for example, in Europe that show that people have been living in, you know, Italian towns, for example. The DNA goes back 2000 years. Most people don't move around. Most people are a part of a community and they live there. They have their children and their grandchildren there. And what globalism has done is it's created so much satanic economic dislocation that it's breaking apart families, it's breaking apart communities, and it's breaking apart the fabric of this nation.

[Steve Bannon]

Hangover. This is fantastic. That was a great debate last night. I want you to stick around, Dr. Thay. By the way, Dow Jones up 110 years at four. Four goals at 3,085. It's going to be turbulent, folks. You're living at Chinese curse. You're living in interesting times. Dr. Thayer. You heard Spencer Morrison. You saw the debate. You heard Posobic. You heard Caroline from asean. You know, President Trump and his team, you know, the cut of the jib of the Committee on the Present Danger. What we've been arguing about for years, is this the moment. Should we blink, sir?

[Cameron Kinsey]

Not at all. This is the supreme hour. This is the moment, Steve, to act as President Trump is acting. It's important to remember it's April 9th. It's 160 years ago. Lee surrendered at Appomattox, essentially ending the Civil War. And Lincoln then was obviously having gone through that tremendous struggle. Right. It reached its end. I think we need to remember that date and remember what we went through to defeat, really, the greatest peril that we faced in the 19th century, to recognize that Trump is going through something similar in the 21st century when he's confronting the Chinese Communist Party. And Trump very wisely is waging economic war that they started, but that he's enjoined. Right. After many, many decades of allowing them to get away with their abuses, Trump's enjoined the economic war and is waging it supremely, successfully against the Chinese Communist Party. He's putting them in a box. You've stressed, as others have, of course, this morning, that there are going to be responses from the Chinese Communist Party. That's certainly something that we should anticipate. And we should remain vigilant, of course, and resolute steadfast, really, in that recognition. But those responses are going to be ones with which we can deal. Right. If it's going to be the measures that you've described in terms of active pharmaceutical ingredients. Right. It's, these are going to be efforts we're going to have to address.

[Steve Bannon]

Oh, but they got, he's got, he's got, we're going to, I'm going to put the Wall Street Journal up after a while. It's, it's, they got a toolbox. There's going to be, this is going to be a lot more than that. They're going to try to do a devaluation. They've got the rare earths. They think there's all types of basic technologies. They can cut us out component pieces. I mean, hey, Xi is right now, if he was to lose face against the Americans, he's purged the military, would he still be able to hold the mandate from heaven? I'll tell you what, Dr. Thur, hang on for a second. On a turbulent day, and President Trump, actually, I think he's going to be talking later. We got this whole Senate bill fiasco. President Trump has come out. I think he's committed to and promised a $1 trillion in cuts. Wasn't Elon supposed to deliver that? I Need to see some waste. Fraud and abuse. Real money, the market this morning. The reason that they kind of choked was not simply the overnight war, economic war between China and the United States. It's also so they can't really put pen to paper on this tax bill. Remember what happened to Liz Truss. Just saying, you got to put forward the numbers. The math has to add up. Short break, back in the warm in just a moment. I've been telling you about a very serious threat to your home equity home title fraud. One document, a fake notary stamp and about 40 bucks and your title is out of your name and into someone else's. And the scammer who took it will take out loans or even worse, sell your home behind your back. You have to protect yourself. The best way is Home Title Lock's million dollar triple lock protection. Now this service gives you 24. 7 Monitoring urgent alerts of any changes. And if fraud happens they're US based restoration team will spend up to $1 million to fix the fraud and restore your title. Go to hometitlelock.com use my promo code Steve25 to save 25% and get a free title history report to make sure you're not already a victim. And make sure you check out the million dollar triple lock protection details when you get there. That's hometitlelock.com promo code steve25 hometitlelock.com Promo code steve25 do it today. And let me remind you this service is 24. 7 Monitoring urgent alerts of any changes. And if fraud does happen, their US based restoration team will spend up to $1 million to fix the fraud and restore your title. Do it today.

[Mike Lindell]

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[Steve Bannon]

Mike Lindell recovering, good as ever. Trying to shut him down in Minnesota. Hopefully get Mike back up for the end of the week. Cameron Kinsey joins us. Cameron, you were in the White House during the first term. Days like today when you're at economic war at the Chinese Communist Party, you got the tariffs, they're stacked up trying to meet President Trump world leaders to talk to him at Bessant and Navarro about trade deals. Tell the audience what's it like on a day that is maximum activity in the White House. Ma'am.

[Scott Bessant]

Yeah, well, I mean, it's just important. I told you, I think last episode I did with you, I was in the presidential personnel office and we were making sure that the agenda was aligned with President Trump and what he was wanting to implement and making sure that he had a team around him that stuck with his agenda and wasn't going off doing their own thing. So I think it's really important that making sure that his entire team is aligned right now that there's over communication in the West Wing of what's going on. But look, this is America first leadership on full display. We're taking the power back from these globalists who have taken advantage of us for years on end. We had such a poor display of weak leadership from Joe Biden's administration. We weren't taking seriously on a global stage. It was an embarrassment. We have President Trump back in obviously demanding that respect on a global stage. And look, the pressure's on and I think a lot of people it's going to see who's, who's going to crack under pressure. But luckily he's got a great team around him.

[Steve Bannon]

A really great team. Like days like today, folks, they are beaver and away, head down, grinding. Cameron worked for the great Johnny McEntee, one of the best Cameron ides of April, April 15th. Why is that date important for American citizens right now?

[Scott Bessant]

Yeah, well, look, it's tax filing. It's just days away. That's the tax filing deadline. Millions of Americans are facing stress from the IRS and confusion, Steve. And like dealing with the letters that are coming in the mail. An aggressive irs. And so that's really where Tax Network USA steps in. We're fighting back against the government overreach that we've seen for the past four years under the Biden Harris administration. We're ensuring that our clients get the tax relief that they deserve. You know, our team is basically built of licensed professionals, CPAs, former IRS agents, tax attorneys, you know, who have successfully resolved over a billion dollars worth of back taxes. And so we understand the stress that this, that the tax season can bring on. It's really important not to go into the ring without some boxing gloves. And so, so that's really where Tax Network steps in. We act as a liaison between you and the IRS so you can enjoy your life. You don't have the doom and gloom of the IRS on your shoulders. So we deal with all the communication for you. If you're dealing with audits, we deal with audit representation. We help with offers and compromise, installment agreements, penalty abatements and more. We have thousands and thousands of success stories. So we understand it's a really stressful time. Nobody likes tax season. We're dealing with the government overreach for you, so you don't have to deal with it. So if you guys need help before April 15th, you can contact tnusa.combannon to learn more or you can call our team directly, 1-800-958-1000. You get a free consultation. We'll look over your case and we'll try to help you as best as possible.

[Steve Bannon]

Here's the key. If you got a notification before you call the irs, just call these folks. You get a total free consultation. If they can help you, then God bless you. You go down the path. If they can't, then you can contact the irs. These guys have worked with the IRS for so long. They know the agents, they know who to talk to. And this is all about taking away stress. It's stressful enough right now in the age of anxiety. So we want to take it away. Tnusa.com Bannon or 800-958-1000 and make sure you do it today, particularly in the run up to April 15th. Cameron, thank you so much for coming on. I look forward. I want to have you back on before tax day to do this again because I want everybody to go and take, if you got a letter, don't put it in the drawer. It's just metastasizing in there. You have to deal with it, but there's a way to deal with it. That's why you talk to the experts over at Tax Network usa. Cameron, thank you so much and thank you for your service in President Trump's first term.

[Scott Bessant]

Thank you so much for having me. Steve, good to see you.

[Caroline Wren]

Thank you so much for having me.

[Steve Bannon]

Steve, good to see you. Good to See you these young people, the pressure over there is enormous. And like she said, that was great. Over communicate. That's what they're doing today. Working as the pressure is incredible as now out on the world stage. This tariff, like Ray Dalio said, is so much more than just tariffs. It's deeper. This is about a realignment of the world economic system. Spencer Morrison, you gotta bounce. I had a bunch of text messages from the engine room and from others saying last night that was a full MAGA flex, that you represent the MAGA movement magnificently. So everybody wants to give a hat tip. People want to know, Spencer, your closing thoughts and also where they get the book, where they get your writings, your social media, all of it, sir.

[Brad Thayer]

Thanks, Steve. You know, one comment I'd just like to make is that, you know, it's easy to defend our position because we're the ones who are right. We have truth on our side, we have economic history on our side. Our side is the moral position to take. And I think it's important that we get these points out there. And I think a debate is a really great way to sort of showcase the two differences in the positions. I mean, Americans are not just consumers. You know, the people are members of families and communities in the nation. And these ontological identities are real and they exist and they're worth protecting and preserving. So I'm. You can follow me. I'm a lot better in writing than I am on, in terms of speaking. So, you know, if you want to, if people want to, to follow me, they can get my articles. Thanks, Steve. My writing, my writing is pretty sharp though. I'm still polishing up here for the speaking, but it's real. S.B. morrison on X. And then the book is available on, on Amazon. You should be finding it pretty easy. I think we're still doing the Liberation Day sale too. I think so. 25% off.

[Steve Bannon]

Yes, Liberation Day sale, 25% off. Make sure you go. They're going to books, going to like a second, third printing before I let you go. So yesterday morning, you guys look. And Peter Schiff is one of the most experienced guys on Wall street, big firm. He's got a podcast, a very well known guy, a good guy, tough, a libertarian. He's up front. These are his beliefs. This has been with him for, you know, he's acted on that for years and years and years. He was on the show yesterday and it was fantastic. He came out, it's like boom, boom, boom. And Spencer, who's kind of knew this and I was the One to recommend it to the Zero Hedge. Guys might not know this guy. Guy this. Yeah, I said this. Spencer Morrison's a guy that. This book is really starting to catch on. The audience loves him. And of course, the guy's Delaney. These guys said, well, he's never debated. I go, fine. He'll be terrific. Then yesterday on the show, he was kind of very accommodating. And. And I call him up after I go, dude, it's offense, offense, offense. Always be on the attack in these things. And you were fantastic. So big difference from the morning show to the debate. It was. No, but exactly. That's. I'm just. I'm the cut man, okay? I'm just the cut man in the corner. You were fantastic, people. Very proud of you. And folks learned a lot. That's why I think it was so great with Peter Schiff. And I really want to thank once again, the Zero Hedge, which is one of the best sites out there. It's a morning requirement in the war room to get ready, prep for the show. And it was fantastic. Massive audience. I just recommend Grace Olives. You got to figure out how to push it back out because people learn a lot. That's what I thought was so great last night. It was very illuminating of the two different sides. You did a great job of rolling out economic nationalism. The book is reshoring. Spencer Morrison's the author. One more time where they get the book and what's your social media?

[Brad Thayer]

So social media, I'm active on X. That's where I post all of my articles. And it's real S.B. morrison. Yeah, we see it on the screen there. And then the book's available on Amazon. It's also available directly from Kalamo Press. We've got an ebook that's out now, and I think there's gonna be an audiobook as. But I don't think that's out yet.

[Steve Bannon]

Okay, thank you, brother. Appreciate it.

[Brad Thayer]

Thanks, Steve.

[Steve Bannon]

God bless. Dow's down 100 now. Up 100. Down 100. It's choppy. Gonna be choppy. President Trump also today. I haven't had a Chance on the 5 o'clock show. Obviously gonna target end of markets. Brat's gonna join me for the five and the six. And obviously we'll do the end of the day and what's happening on the war, economic war, China also. So I'll be able to get a little bit more into the. Into the. Into the Senate reconciliation. Here's one of the things I do strongly recommend is that Ray Dalio's Got a great piece that's up and maybe I'll try to break that down with Dave Brett at 5 or 6. And remember, Dalio has been in business with the Chinese Communist Party forever. Bridgewater. He's made a fortune over there. And Ray Dalio's no fan of the MAGA movement, no fan of President Trump, no fan of war, rumor, any of it. But Ray Dalio does have a world of experience in global capital markets, and he said something is very perceptive. This is not about tariffs. Tariffs are the thing that came up, but it's about not just the reordering of the American economy. Right. For having people pick us off, but particularly just having the job stolen and just continuing on when people say the economy is great rate. It's only been above water for one reason, massive federal spending. Massive federal spending, $2 trillion deficits for the last couple of years. I think we've added, we've flooded the zone with $16 trillion worth of currency for these deficits and just debt we put on the books over the last couple of years. It's just not sustainable. I mean, he's very upfront. The system that we existed in was not sustainable. My issue with the, with the Senate, and this is why it's going to take some time after the show for me to break it down. So I don't want to get too ahead of myself. I don't understand it. I'll be blunt, I don't understand it. And I've done a lot of restructuring work in my life, and this is a restructuring part of this. We have to have an adult conversation. And this is why, remember, with all the differences I have with Elon Musk and their legion, I am one of the biggest supporters of Doge. And the reason is I do think in the administrative state, you need a special forces team that can get in there, particularly on the topic of fraud. Waste, fraud and abuse. Right. Because there's only two ways to cut the spending. You either have to do it programmatically, as I said, over and over again, or you have to find the waste, fraud and abuse. We need to find out now. President Trump's just come out again, said, hey, I'm cutting a trillion dollars. And when Tresno says that, he means they're talking about on an annual basis basis. The Senate bill, you know, it's only got four B cuts. And I realize that some thing with the parliamentarian they got to get across and even the House bill is only like a 1.5 trillion over 10 years. It's just the math just doesn't add up here. We have to have an adults conversation of where was it? Where's the waste, fraud and abuse and the 25 budget? And in 26, that's got to be stopped. Whatever Doge founds, it has to be stopped. If we need to put impoundments now for money that's in this budget, it has to happen. But we need to know what's the reality. And secondarily, we need to turn those people over to the FBI and to the Justice Department and prosecutors or the D.C. whoever you want to do it. The investigations have to start number two, programmatically, and this is why it's magnificent. This hemispheric defense is one of the most brilliant ideas that's come up in American history. It harkens back to the Monroe Doctrine. President Trump's updated. It's quite frankly, it's brilliant. But does the defense budget, a trillion dollars, embody that? The things on social programs. We have a ton of work to do to think this through. This is one of the reasons the bond market froze up today. Economic war with China, an indecipherable Senate bill, and it froze short. Break back in a moment. What if he had the brightest mind in the War room delivering critical financial research every month? Steve Bannon here. War Room listeners know Jim Rickards. I love this guy. He's our wise man. A former CIA, Pentagon and White House advisor with an unmatched grasp of geopolitics and capital markets, Jim predicted Trump's Electoral College victory exactly 312 to 226, down to the actual number itself. Now he's issuing a dire warning about April 11, a moment that could define Trump's presidency and your financial future. His latest book, MoneyGPT, exposes how AI is setting the stage for financial chaos. Bank runs at lightning speeds, algorithm driven crashes and even threats to national security. Right now, War Room members get a free copy of MoneyGPT when they sign up for Strategic Intelligence. This is Jim's flagship financial newsletter, Strategic Intelligence. I read it. You should read it. Time is running out. Go to rickardswarroom.com that's all one word. Rickards War Room. Rickards with an S. Go now and claim your free book. That's Rickards War Room dot com. Do it today day.

[Jack Posobic]

Here's your host, Stephen K. Ban.

[Steve Bannon]

Okay, Dallas up 20. It's flat. No big meltdown today. And that is with two sides throwing massive punches last night, the Chinese Communist Party and President Trump. The just incredible overnight and now the EU's jumped in but it's kind of of it's a little muted. President Trump in doing this reset he's going to make sure all the pieces work. And this is what Peter says about negotiations. It's just not about the tariffs. People come out and say hey the other parts are so complicated. If you get a commitment just do an interim agreement. That may all come to pass. You got Besant and you couldn't have two better representatives of the war room, could you? Scott Besant and Peter Navarro. Peter Navarro, literally a co host here for a long time and our brother in arms and Scott Bessant, a contributor for the last couple of years shouldn't be lost in you folks. We had that huge fight over who was going to be secretary of Treasury. Remember it was mar a lago even before we got to the whole situation of who was going to you know the confirmations in war room and your truly we came out hard for Scott Bessant. We said hey you need a safe pair of hands for capital markets because guess what folks, we're going to go through some choppy water and you're going to need like Scott Bessant and sit there very professorial and say boom. And didn't he do that during his confirmation here is trying to lit him up. He's like a professor from Yale. Very thoughtful, very reflective. Hair is never going to be on fire. Now behind the scenes every now and then Scott Besangilla worked up but he's a good man. He understands capital markets and people have respect for him throughout the world. Finance ministers, all of it. Now certain other elements, I won't say Elon Musk, but certain other elements push hard for Harold Lutnick. Now Lutnick's a good guy but he's a bond salesman. That's exactly what you don't need in a situation like this. And think about if he had been secretary of treasury right now, let me be blunt about would be be very choppy, right? So you have to think that you have to think downrange for this and we're not going to get all worked up on things. We have the country right now. This is one of the most pivotal, if not the most pivotal moment in the history of this republic. And Dr. Thayer is right. Dr. Thayer, take a minute or two to explain what you mean. We got to meet the moment now that this is the supreme hour for President Trump, the MAGA movement and this republic, sir.

[Cameron Kinsey]

It is indeed, Steve. And President Trump didn't start an economic war. The Chinese Communist Party started the economic war. It's been waging it against us for many, many decades. What President Trump is doing is responding to their economic attack. And what he has done is brilliant because he's maneuvered the Chinese Communist Party into a regime crisis. They already face a legitimacy crisis because they're Communists, and Communists don't rule anywhere legitimately. They don't rule with the consent of the Chinese people. They're a colonial government that was imposed by the Soviet Union in the wake of World War II. But what President Trump is doing expertly is maneuvering them into now a crisis that really is getting to the heart of that regime. And now Xi Jinping has only stark choices with which to address the massive problem that he confronts, and that is his economy is in free fall. He doesn't have a solution to get the economy out of free fall. It would only be the US Market that could assist him. And Trump is denying him that economic market. So what Trump is doing is doing his utmost to win this economic war so he doesn't have to fight a kinetic one at some point in time with the Chinese Communist Party.

[Steve Bannon]

This is gonna. But. But this is gonna make it more dangerous than ever. This is why Taiwan right now, the seventh Fleet ought to be on alert. Because Vigilant Xi, yeah, he's got a tool. He's got a. He's got a. He's got a toolbox on. He's got a toolbox of weapons used in this trade war and others. But they're not above turning to ultra nationalism and say, hey, the foreign devil rebels are trying to destroy us, and we got to take our province back. Taiwan. Dr. Thayer, where do people go to get your writings? Your website, also your social media, because your perspective, I think now more than ever is needed.

[Cameron Kinsey]

That's right, Steve. Just to stress the point that his response may not be economic. It may be kinetic or biological, maybe unconventional. Keep in mind, there are tens of thousands of Chinese men, soldiers, very likely, who are in the US That Biden allowed in. That's very worrisome. So you can reach me at Brad Thayronx or Bradley Thayer Getter and at Truth. Thanks very much, Steve.

[Steve Bannon]

We will drill down on that tomorrow. There are ten thousands, tens of thousands of Chinese nationals here, young, fighting age, men that were allowed in in the great invasion that have not been shipped back to Venezuela. Venezuela. They're not part of gangs. They're laying low, and that is a problem. Chris Wray said the infrastructure problem was a huge problem. We're going to get into all that because now we're at unbridled economic war. We've engaged with the economic war they've been at. Dr. Thayer, thank you so much.

[Cameron Kinsey]

Thank you, Steve.

[Steve Bannon]

Ken Paxton announced last night he's running for the US Senate against Cornyn in Texas. That's going to be a barn burner. Want to thank Glenn Stern team at Patriot Mobile. They're one of the big supporters of Ken Paxton. We love Ken Paxton. It's going to be a long, tough one, folks. But that situation down in Texas got to get sorted out. It's a MAGA state. Ken Paxton's a MAGA candidate. They try to impeach him and you the audience, save that. So we're going to get very obviously very involved in that. I want to thank Glenn Story and the team. One thing I'll say about Story, the company, Patriot Mobile, the service is incredible. This is not about selling you on the company anymore because the company is unparalleled and particularly as a basically a bastion of the alternative economy. And don't think there's not still coming for you folks. This fight's a long way from over. Internally, you cut on, you watch MSNBC like we do every night and break it down. And they're coming and they're coming hard. And Natalie wonders does such a great job of talking about the color revolution. Patriot Mobile is all about switching over just 972patriot. Talk to one of their reps. You'll get the pricing. It's super cheap. You get a free month by putting in promo code bandit. But talk to one of their US Reps who's a United States citizen on a company that supports your values, the values of the Judeo Christian West. And they're proud of it and they ain't backing off it. Just like President Trump's not backing off it. 972 Patriot. Do it today and switch today. We'll have more on Ken Paxton and all of it down in the great state of Texas. Okay, Charlie Kirk's up. Poso after that Gruber. Eric Bowling. We're back at five to seven. Dave Brat's gonna be riding shotgun with me. It's gonna be pretty intense day. We'll break everything down to you. Make sure you go check out Birch. Goal. Best way to do it. Take your phone out. Bannon 989-898. Get the free ultimate guide on investing in gold in the era of Trump. A little choppy today. See you back here at 5. Are you a yo yo dieter. You diet, lose weight, but gain it all back. Plus A few extra pounds for the effort. Then later you lose it again and regain it again. And on and on and on. I think I resemble this. It's dangerous. Studies show that you can increase your risk of heart attack, stroke, type 2 diabetes and other health problems. Breaking free of your yo yo diet pattern is a main reason doctors created Lean. Lean is a supplement, not an injection, and you don't need a prescription. The science behind Lean is impressive. It studied natural ingredients target weight loss in three powerful ways. Lean helps maintain healthy blood sugar. It helps control appetite and cravings. And it helps burn fat by converting fat into energy. Listen, if you're tired of losing weight and gaining it back, if you want to lose meaningful weight at a healthy pace, Lean was created for you. Let me get you started with 20% off when you enter Bannon 20 that's B A N N O N [e-mail] that's code Bannon [e-mail] Bannon 20 that's20akelean.com lose it and keep it off.

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[Steve Bannon]

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