Joe Scarborough (27:26)
Short commercial break. Texas Cornyn, John Cornyn came out yesterday. He said some terrible things about Ken Paxton. The fight in Texas is going to be pretty, pretty vicious. The Senate, Senate primary. Axios already got a big story up how it's, how it's MAGA versus another round with the, the bush hunter down the great state of Texas. Patriot Mobile. Glen Story and the team have been so vital down there. Go to Patriot Mobile, 9, 7, 2, Patriot. Check out that company today. Shift over. You know they're with you. Do the shift today. Short break. Back in a moment. 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 20@takelean.com that's code Bannon 20@takelean.com Bannon 20 that's20akelen.com lose it and keep it off. Here's your host, Stephen K. Ban. We're more on the Texas race this afternoon, maybe tomorrow. But it's already started out pretty vicious. Cornyn already started the smear campaign against Ken Paxton in Texas, folks. And for the great folks in Texas, this is like the ongoing, you know, the ongoing battle we've had. You know, we've had the impeachment of Paxson, then the trial, which his audience was very involved, making sure that people understood the consequences of voting to convict. You've had the massive, you know, Soros trying to turn Texas blue and then purple. And then because of the grassroots and the MAGA movement and President Trump, President Trump won by 14 points, got Ted Cruz won at nine. These are numbers that are just absolutely blowout numbers. The but then you had the House situation where the Texas has these great conservatives. We've been down there and that's why Glenn Sterling, the team at Patriot Mobile and their pack have been so terrific. I went down and gave talks in Denton county and Tarrant County. It's just been, it's been been incredible down there, the level of enthusiasm. And now you're going to have probably for 26 for this cycle, the most intense, although Michigan may be teeing up to be that the most intense will be Texas. And Cornyn was right. This is going to be over $1 million fight. But Cornyn to me is as bad as they get. I mean, he's just a McConnell Bush acolyte. He tries to fake it sometimes to make sure people, you know, can say he's a conservative. I just don't see it. Not just a moderate. He's a, he's a globalist and always have supported the deep state. Ken Paxton's a good man, but that's going to be a tough one. That's why the people at Patriot Mobile have been so fantastic. Glenn steering his team on all the different issues down there in Texas. And it's not the service is fantastic and you get a free month of use. Bannon but go to 972 Patriot, 972 Patriot. You can talk to an American citizen at their customer service, get all the details, find out how it layers on top of the existing networks and how the service is great, but you will these are people that support your values. So check it out. In Texas, we're going to spend. Axios has a big story today about this and it's got Charlie Kirk is giving a quote in it that we talked to them and said we're going to be very involved in this thing. And this is like a continuing, this is a continuation of these fights that we've had before back to capital markets and in particularly gold, I mean, at 3,144, particularly with the market down, these markets are going to be all over. One of the reasons you've had this reaction this morning is that it is first off, that was some of that yesterday was a short cover. That was historic, 3,000 points. But it's also people are waking up. Stocks soars, Trump presses, tariffs pause and hits China harder. The entire thing about the geoeconomic in the geopolitical reset is predicated around China and what our elites have done to basically empower China and make China wealthy at the expense of working class people in the middle class in the United States. That gets down to the beating heart of it we've talked about on the show for years and years and years. We consider this show to be the lead in the effort to back Lao Beijing because the United States and people in the United States can't take down the Chinese Communist Party. Their legitimacy is questioned by their citizens in Lao Beijing. That's a term of endearment in China that means old hundred names. There's essentially roughly, you know, mythically 100 last names in China. And so old hundred names is what they say is kind of John Q. Public or the little guy, right? He's the guy that everything kind of happens to, but it's on his shoulders that the whole country kind of exists. So it's a, it's a term of endearment, Lao baijing. And it's the only the Lao baijin can make a decision about who rules them and who governs them. But I will tell you, they have no love for the Chinese Communist Party. And the Chinese Communist Party is always, is, is now in a, a, a huge crisis internally, internally about legitimacy. Because even from the founding of the People's Republic of China, it's been very questionable actually how they came to power. They weren't democratically elected. They never opened up to elections. They never opened up to the sovereign will of the people. They took control and they took control with a bunch of different institutions and people helping them is one of the big controversies. It's really what started off the whole situation with Carthy, this is kind of. They think it was internal. It didn't start with that. It started in the late 1940s with Time magazine and with others in the what they called the China hands, or people in the United States that were very close to China. The question was, who lost China? They had been an ally in World War II. They had taken the brunt of the Japanese Imperial army on mainland China. They lost tens of millions of people. It was brutal. Some of that was fighting each other. The Chinese were very good at fighting each other and not really fighting the Japanese. But it kind of came as a shock to the basic average American that China turned out to be communist. After the war, there was a lot of questions. The Chinese Communist Party has always internally had an issue with their own legitimacy. Wan Shishan and others have led an effort for years about how to do that because they realize they only exist because they've made a Faustian pact with the people of China that we will give you tremendous economic returns and really bring you into the middle class. Okay, but at the cost of no political freedom and no real freedom. It's run as essentially a slave labor camp. The elites on Wall street know that. They knew that in 1989 when Tiananmen happened, the Bush. That was Bush's first and only term. The Clintons knew it. When the Clintons had the Chinese generals coming into the White House with bags of cash, cash, the fix has been in by our governing class, by the investment banks, by the providers of capital to essentially shift capital out of the United States and away from manufacturing to what was essentially a slave labor camp in China. This has been brewing for years. And, you know, Kevin O'Leary gave just a magnificent summary to, you know, on CNN the other night. And it's a good lesson, I think, for the. Maybe I'll play it later today. It's a good lesson for the war and posse, because these are things we talk about, if not every day, every other day for years and years and years, and particularly the beginning of the show when we started five years ago and we shifted from impeachment to pandemic, why were we the first people on pandemic? Well, given our knowledge of China, given the relationships we have, we knew immediately this was going to be a huge deal. When other people kind of laughed it off, and we also knew it came from Wuhan, there was no doubt about that. Now it's become clearer and clearer and clearer that when President Trump, when President Trump engaged with Bob Lighthizer and Peter Navarro to really negotiate a massive overall deal with the Chinese Communist Party. It was the deal that was one that had seven different verticals to it took care of all what we call the original sin state owned industries, their currency manipulation, all of it counterfeiting, everything they've done and also labor practices, the crushing of their own people over almost two years of negotiation from 2017. Very early because we did in the way his first. The accommodation is won out initially about how to kind of work out something that took, you know, a couple months. And it came off the trip of Xi coming to Mar a Lago. And President Trump was furious when he saw the product. He says, I'm not doing this. This is just more tapping along. And he then empowered Navarro and Bob Lighthizer to kind of work on a deal that took two years with Li he in May of 19 that was prepared to be signed. They were prepared to go to final documentations and the Chinese understanding they were building this new relationship with Russia in the one belt, one road. Things were going good. President Trump was under assault with the Russia gate. This is also what the deep state was trying to do in protection of China. And the Chinese just looked at the last second, said, no, we're not going to do it. Then shortly thereafter, Xi declared people's war against the United States. Now, unrestricted warfare. They've been hitting us with psychological, with cyber, with political, with economic for two decades. So we say this economic war is heated up now. It's just now officially the United States government is going to get engaged. President Trump, that's a hard, that's a hard throwdown, 125% tariffs. And particularly to single them out, to say, hey, everybody else, I'm going to keep a 10, I'm going to keep it 10%. And 10% is huge. Also, if you look at Japan in, excuse me, but Mexico and Canada, he's got huge tariffs on them and he still got the 25% tariffs on the automotives coming in here. So President, people say President Trump's blankets farthest from it. What he's done is set a process to get all the other nations on the earth in here and to kind of figure this out on reciprocity. And they've got something to say about that and they should, you know, we're not sitting there going, this is it. This is reciprocity. You have to bind this number. If they have arguments about that, you know, Scott Bess and Peter Navarre, President Trump particularly has done enough transactions and deals to understand it he'll listen. But now we're engaged in it. And if you look at the battlefield and this is one of the things we try to do here in the war room is make sure you understand that it should not be lost on you that the vice president advance goes to Greenland, that Pete Hagseth does his first tour as SecDef. He went and obviously gave a speech in Munich. But the first real tory does, he goes to Hawaii. The third island chain, he goes to Guam. The second island chain, he goes to the Philippines and to into Japan and talks about. And talks about army in the Philippines. Makes a basic commitment to keep the free navigation of the South China Sea. He's then now in, in in Panama. That clip at the top of the show was as strong as any defense Secretary. I've said I've heard a memorandum of understanding and it's to basically say, hey, the Panama Canal, we're going to work with the Panamanian government. The Chinese Communist Party's out. You're going to be out. This is what we're going to work with the Panamanian government. But this is going to be an asset controlled by the United States of America. This is why I'm calling for immediately. What they should do is set up for Larry Fink to wire the money to Hutchinson Juan Paul to the Panamanian government. Just had the Panamanian government bless the deal, wire the money to Hutchinson Juan Paul because the CCP has stopped the deal to transfer the docks, the management of the docs and the stevedores and all that into Panama Canal from a Chinese company as that sound familiar? What they do Hutchinson Whampo, one of the most important trading companies in Hong Kong, to transfer that to Larry Fink in Blackrock. That should take place immediately. Also the Chinese government has said, hey, guess what? We're not going to do a deal on TikTok. Then I don't know, maybe we seize the assets in the United States. I think we have to start playing even more hardball with the ccp. They're increasing exercises around Taiwan. This they are not going to kowtow. Number one, their senior cadres can't kowtow. If they kowtow to what we wanted today, my strong belief is that they would be removed by certain ultra nationalist elements in the military and also in the party. Remember, this Chinese Communist Party is run by about five factions, okay? Five factions that are always. It's Game of Thrones all the time. These five factions, you should understand, are some of the richest people on earth. They are richer, they have more wealth and stolen more wealth from the Chinese people than, than like the, the, the monarchies in the Gulf emirates, particularly Saudi Arabia. The Chinese Communist Party senior cadre personnel is some of the wealthiest in the world. The other I recommend and understand President Trump is not for this. President Trump very much wants the American universities to educate foreign students and bring the best in. Bryce here, I fully understand that, you know, his thinking on this is very sharp and very dug in. He's kind of immovable on this. Although I recommend, given everything that's going on in the commitment, that the Chinese students, not their fault, they have to make a commitment to the Chinese government and essentially to their intelligence services to do a monthly update where they're here as an exchange student. I think it's just better for this moment in time of what's going on with us vis a vis the Chinese government that we immediately revoke all 350,000, which I believe the number is that number shock you, revoke the student visas immediately, get them on a plane and get them out of here and allow all American students to fill those, to fill those billets immediately. Those, the student bills a lot in some of the best universities in the country. So I strongly recommend we do that. As we get we're going to have to go to other measures here besides just the tariffs, because the Chinese Communist Party is not going to bend the knee. As, as Carolyn Wren just said yesterday in asean, they were telling people, don't go to the United States, do not go to the United States, do not engage in this process. Now they're actually saying, hey, next week we're showing up, so be there, don't be in Washington, D.C. short commercial break we're going to leave you with Take down the ccp, the great anthem from Miles Guo. We're going to be back in the warm in just 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 torickards war room dot com. That's all one word. Rickards War Room records with an S. Go now and claim your free book. That's Rickards War room dot com. Do it today. Here's your host, Stephen K. Banner. Okay, markets are all over today and a lot of turmoil and it's going to be like that. The reason is, is this, that the and Asia had a, had a good night overnight and particularly Japan and Europe had a good day, not a bad day, very turbulent US Markets. And the headline right there hits China harder. This is the game in Chinese. And anybody associated with President Trump that's telling him that the Chinese are going to kowtow immediately, hey, maybe they do. And that would be monumental. And I'd be the first to say, good on you. I love it. This, what President Trump has done is brilliant. He's kind of isolated. The Chinese Communist Party and you see now Caroline ran yesterday from Kuala Lumpur, today from Jakarta. The Chinese Communist Party is all over trying to get people to turn on the United States. And they're going to be making, she's going to be making personal visits. And remember, the head of China does not travel easily, doesn't show up on places randomly. There's always a purpose. The predatory capitalism that's kind of the British East India Company model that they've done in reverse is very, very powerful. Very, very powerful for the one belt, one road. Virtually all the countries that took it regret it because the projects are not finished or they didn't turn out like they thought they were and now they own the debt. And so you've had kind of elite capture with predatory capitalism, just like the Brits used to do it using the British East India Company. And it's, it's worked out terribly for the countries that took the money. That's why Gold is now over 31. It's 3144, still close to it. Explosive, explosive growth in that over the last 25 years, gold has actually outperformed the S&P5,500. That is the guy from Bloomberg that said that last week, which is extraordinary. You don't need to know the price of gold. You need to know the driving factors behind it. That's why I go to Birch Gold. The easiest way to do it to start off, just take your phone out and Text Bannon B A N N O N 989-898 and ask for and get the ultimate guide for investing in gold and precious metals in the era of Trump. I think it's a good place to start. Very accessible and it puts you in contact with Philip Patrick's entire team over at Birchgold. That's what you are doing. Get some pattern recognition here, folks, because it's going to be turbulent for a while that I can tell you in this turbulence. Natalie Dominguez, by the way, the response on the triple lock on the million dollar triple lock protection offer program has been extraordinary. Natalie, tell us about it.
