Episode 4404: Time For Accountability Of DHS’s Officials Facilitating Invasion, Gold’s Historic Explosion

Summary

Podcast Summary: "Bannon's War Room" Episode 4404

Title: Time For Accountability Of DHS’s Officials Facilitating Invasion, Gold’s Historic Explosion
Host: Steve Bannon
Release Date: April 11, 2025

---

1. Opening Remarks and Trade Negotiations

The episode kicks off with Steve Bannon discussing ongoing trade negotiations, particularly focusing on the United States' stance toward China. Highlighting President Trump's reputation as a dealmaker, Bannon emphasizes the multifaceted approach being taken to address the trade imbalance with China. He suggests that future proposals might include innovative security measures to close the trade gap.

Notable Quote:
Steve Bannon [00:00]: "President Trump is a dealmaker. They're going to look at a lot of different things."

2. U.S.-China Relations and Geopolitical Implications

Bannon delves into the broader implications of the U.S.-China trade relationship, asserting that the issue extends beyond mere tariffs and trade deals. He underscores the strategic moves by the U.S. to counter Chinese influence, such as sending Army Rangers to Panama and securing the Panama Canal from Chinese intervention.

Notable Quote:
Steve Bannon [05:27]: "We're taking back the canal. China's had too much influence. Obama and others let them creep in. We, along with Panama, are pushing them out."

3. Budget Blueprint and the SAVE Act

The discussion shifts to the recently adopted budget blueprint, with Christina providing an analysis of the challenges congressional Republicans face in implementing significant spending cuts. The conversation highlights the tension between maintaining entitlement programs and reducing the national deficit.

Notable Quote:
Christina [06:24]: "Republicans in both the House and Senate would like to make cuts in the range of 1.5 to $2 trillion... But they also have to pass what they're hoping would be a $4.5 trillion extension of the Trump tax cuts."

Bannon expresses skepticism about the feasibility of these cuts without affecting entitlements, labeling the situation as "the primal scream of a dying regime."

Notable Quote:
Steve Bannon [07:48]: "The math isn't really mathing... We're going medieval on these people."

4. Accountability for DHS Officials and Immigration Policies

A significant portion of the episode is dedicated to scrutinizing the Department of Homeland Security (DHS) and its role in facilitating what Bannon describes as an "invasion" through lax immigration policies. He critiques the dismantling of deportation and detention mechanisms by the Biden administration, which he argues has led to an influx of illegal immigrants.

Guest Todd Bensman elaborates on the federal charges being imposed on illegal immigrants and the stringent penalties for repeat offenders. The conversation emphasizes the need for accountability and the implementation of robust deportation systems to deter future illegal crossings.

Notable Quote:
Todd Bensman [22:47]: "If you're a first-time offender, it's a 1325 charge, misdemeanor, federal misdemeanor... But if they come back, they face 2 years, 10 years, and even 20 years."

Bannon calls for thorough investigations and potential legal repercussions for officials involved in these immigration policies, questioning whether such actions constitute treason.

Notable Quote:
Steve Bannon [27:18]: "Is this not treason? When you take apart a system that's there to protect the sovereignty of the country and the sovereignty of her citizens..."

5. Economic Insights and Gold Market Surge

Transitioning to economic topics, Bannon discusses the unprecedented surge in gold prices, attributing it to economic uncertainty, dollar devaluation, and geopolitical tensions. Philip Patrick provides expert analysis on why gold thrives in volatile climates and predicts continued growth in its value due to ongoing economic realignments.

Notable Quote:
Philip Patrick [45:26]: "Gold today has officially hit another all-time high. We're at 3175, up 21% for the year so far."

The episode also touches on the strategic moves by central banks, particularly China's efforts to de-dollarize through increased gold purchases, further driving up the metal's value.

Notable Quote:
Philip Patrick [47:25]: "Central banks have set record year on year for gold buying... they're using gold as a means to de-dollarize."

6. Calls to Action and Final Thoughts

Throughout the episode, Bannon promotes various initiatives and products aligned with the show's themes, including recommendations for securing financial futures through investments in gold and emergency preparedness supplies. He reiterates the critical need for accountability in government agencies and the importance of robust economic strategies to safeguard national interests.

Notable Quote:
Steve Bannon [44:54]: "Gold seems to be on a tear... we're going full-spectrum energy dominance in every vertical we can to wring out inflation."

Bannon concludes by urging listeners to stay informed through resources like Citizens Free Press and to take proactive steps in securing both their personal and national well-being.

---

Conclusion:
Episode 4404 of "Bannon's War Room" presents a comprehensive analysis of pressing national issues, including trade negotiations with China, budgetary challenges, immigration policies, and economic strategies centered around the gold market. Through engaging discussions and expert insights, Steve Bannon emphasizes the necessity of accountability within government frameworks and the strategic importance of economic resilience in maintaining national sovereignty.

Transcript

[Steve Bannon]

I actually believe some of these deals going forward on the reciprocity, Eric, don't be surprised if three months from now, four months from now, five, you see Scott Bessant come up with a proposal that maybe, hey, part of the way to close this trade gap is maybe you take a different type of security that's maybe got some longevity to it. I think folks have to understand in the overall trade, President Trump is a dealmaker. They're going to look at a lot of different things. With China, I don't, I think it's beyond a trade deal. Pete Hegseth, your buddy, is down in Panama signing an mou. We're sending Army Rangers down there to, to do exercises. And he says, hey, we're going to, if anything comes up, we're going to take the, we're going to take, we're going to seize actual, the locks in the canal. That's, you know, Pete Hex is not a guy that throws out things like that. Right. So the game on, don't fool yourself.

[Eric Bolling]

That that timing of that is, is perfectly placed now. That is where they're playing 3D chess with the world. Steve, your show, brother. Looking forward to. Thank you.

[Steve Bannon]

Eric, thank you so much. Love doing the handoff. Okay. We've got an incredible lot. So much happened today since the morning show. We're going to do another great cold open. Let's hit it. And then I'll take it from there.

[Donald Trump]

Well, Mr. President, one of the most important things I believe you'll achieve in your presidency is reordering the world in a proper way. For 31 years, more than 31 years now, multiple administrations have allowed the Chinese to deindustrialize this country, to take away jobs in factories and pillars of our national strength. And what you're doing now, I think is a great service to our country, but ultimately to the world. And I want to congratulate you and your team that's working on that because it has extraordinary geopolitical implications, as you see from all these other countries that are now coming here and wanting to join something that actually makes just crazy to allow these. I mean, basically we lived in a world where country Chinese companies can do whatever they want in America, but our companies cannot do anything over there unless they allow it. And even then they steal our stuff and reverse engineer it. So just reordering, all of that has dramatic implications on the peace and security of the world. We thank you.

[Eric Bolling]

The up 2, down 1 is not a bad ratio or up 10 down 5. And I think as we have talked about as we go through the queue and settle with these countries who are going to bring us their best offers, we will end up in a place of great certainty over the next 90 days. On tariffs. We had very good inflation numbers today. Oil is down. We had a successful bond market. So I don't see anything unusual today.

[Steve Bannon]

Planning on using the money that you're.

[Donald Trump]

Gaining from revenue through the tariffs, paying.

[Steve Bannon]

Down national debt, reducing taxes, creating good budgets, helping Christie with the border and all of the other things we built. China retaliated today by reducing the number of American films that can be shown there. What's your reaction to them now targeting cultural exports from the United States? I think I've heard of worse things for the White House. That goods from China would be subject to a 145% tariff rate. That's higher than what Trump had said Wednesday yesterday when he said that that rate would be 125%. What do you think they're going to do at this point in this?

[Bill O'Reilly]

I think the rhetorical continue, Bill. That's why I was an advocate. But why are we messing around? Just go to 400%. Get everybody on a plane, let's meet and wherever. Look, what are you going to do? 25% every day until you're at 400? Just go to 400. And then it becomes impossible for them to access the American market, which is 39% of all consumption in the world and 26.1% of the world's GDP. China cannot do without America, period. And the reason that Xi would care about this and be laser focused on it, he only gets to be the supreme leader in perpetuity while people are employed and eating and feeding and making sure their families are taken care of. If it's mass closures of factories, he's screwed. So he knows that too. And right now, as Stuart Varney detailed and others know this, it's a precarious situation over in China on their currency and a lot of other issues as you measure their economy and their GDP growth. Now, look, I want to be clear about this. I have no problem with the Chinese people. And I, along with millions of other investors, wants to do business in China. But I've had it with getting screwed on ip. I'm done. And I want someone to go in there and level the playing field. That's what I want.

[Steve Bannon]

And in some cases and signed a couple of historic deals. One which is Panama Canal Authority, a framework for US vessels first and free through the Panama Canal, and then also a memorandum of understanding with their Security minister for the presence of US Troops. Fort Sherman is an old US Base there, as well as their naval station and air station jointly with Panama to secure the Panama Canal from Chinese influence. That's something you said. We're taking back the canal. China's had too much influence. Obama and others let them creep in. We, along with Panama, are pushing them out, sir. US Forces in Panama, that's some. We'll go with controversial history. But what do you think might be required of the US Military under this deal?

[Eric Bolling]

I think that's a question for the secretary of defense and the president that hasn't been answered. We've seen this a lot where they spike the ball and they don't offer the details around what's going to be required, especially U.S. forces. Look, it's better than an invasion, right? I mean, the tough talk they've been having lately around Panama and others makes everybody scared of an actual military conflict. So this seems to be a de ratcheting or a de escalation at least of the rhetoric. And maybe we can move toward a deal that helps American interests and brings the folks focus back on China, which is what Trump and Hegseth have been doing this week, which is a lot more popular politically. It's a lot more intelligent strategically rather than kind of spraying and praying across the globe. They're now focusing on China economically and militarily, which I think is the right place to focus if you're talking about the next 50 years or so and who's going to be our adversary. But the devil's in the details here and it's often a show with big talk and not a lot of details. And that's what we need right now.

[Steve Bannon]

I want to ask you, what is the future of this budget blueprint that was adopted today? What are the next steps? Do we know where it's going?

[Christina]

Well, it's a long process still, Christina, and there could be many pitfalls that congressional Republicans face along the way. They basically just have an outline, a sketch right now of what their goals are on spending and the cuts that they'd like to make. But even those are not necessarily those targets that they hope to ultimately hit. Republicans in both the House and Senate would like to make cuts in the range of 1.5 to $2 trillion, which is not what it specifically spells out in this budget resolution that they passed here today. But the speaker of the House, the Senate majority leader, have essentially given a pinky swear to these House Republicans in particular that want to see those steep cuts that when the final reconciliation package comes to bear, that those cuts will exist. Now, that's not going to be easy because they also have to pass what they're hoping would be a $4.5 trillion extension of the Trump tax cuts. They promised that they're not going to touch the benefits to entitlement programs like Medicaid. It's really hard to make that math work and do so in a way that doesn't blow a huge hole in the deficit. So there's a lot of work that needs to be done here. They got over this step, but many House Republicans are already saying that they were willing to do this because it's not final and not binding. But when the actual final product comes to bear, they want to see those steep cuts. And if they don't, there'll be a no vote. So the speaker and the President both a lot of work still to do.

[Steve Bannon]

Christina. Yeah, when it comes to cutting without touching those entitlements, the math isn't really mathing, as the kids would say. This is the primal scream of a dying regime. Pray for our enemies, because we're going medieval on these people. I got a free shot. 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.

[Eric Bolling]

And where do people like that go.

[Steve Bannon]

To share the big lie? MAGA MEDIA I wish in my soul, I wish that any of these people had a conscience. Ask yourself, what is my task and what is my purpose? If that answer is to save my country, this country will be saved.

[Eric Bolling]

War ROOM here's your host, Stephen K. Banner.

[Steve Bannon]

It's Thursday the 10th of April in the year of our Lord 2025. Just incredibly explosive day all around the Capitol, in the world, for news and things that are vitally important. One recommendation I want to make, and there's so much going on, is that Citizens Free Press, you have this extraordinary individual, Cain. He's a lot like Andrew Breitbart, even Drudge in the old days. Remember, Andrew came up by being the editor, one of the editors, or actually the only wingman Drudge had for many, many years. Those guys would work, you know, 12 on, 12 off all the time, seven days a week, never left the page alone. KANE we're very blessed to have someone like Cain, who is a just a newshound and he's a what I call a gym rat. And this is how we Recruit people at the war room. Those are the people that want to get up on the Saturday morning and sweep the gym and be doing, you know, free throws at 7 o'clock in the morning. You can't get them out of the gym. They just love it. They love the game, they love what they do. It's so important, I think to go to Citizens Free Press throughout the day because they're continually putting up great headlines and really framing narratives. And two, that he's particularly on and that Kane, I think from his years of doing this has become kind of an expert. And there it is right there. If you see it, if, if you're listening to the podcast, this is why you got to get the command brief, you got to get the videos because you got to. I know we have tons of podcast audience that listen. This is one of the reasons you got to get. We got Citizens Free Press up there right now. And it really summarizes the date. Number one, the situation with China. This is not about reciprocity. This is not even about tariffs. That's all part of it. This is the world's two great powers. One power that was totally created by the elites in the United States. That's China, the great civilization. But I mean destroyed by the Chinese Communist Party. And they worked in conjunction with the Chinese Communist Party. Our elites, financial elites, political elites, worked, business elites, worked with the Chinese Communist Party to basically take it from a kind of a backwards agricultural power to a manufacturing superpower on your tax dollars and your pension funds that ship those jobs over there. And President Trump has now said, hey, we got a problem. We've got to re industrialize. We have to become an industrial power to retain our greatness. We have to have manufacturing jobs that families can build real lives around, right? Not just these service jobs that are, you know, are never around up and down, have no stability to it, have no true competitive advantage over time. So in his efforts to re industrialize this country, eventually you're going to have to get to the hard nut of the problem in China and the Chinese Communist Party. The Chinese people are fantastic. Lao Beijing, I'm very honored to head up be one of the co founders of new federal state of China. It's one of these alternative groups that look to work with Lao Baijang to freedomselves. But I work with many, many others as being one of the proudly one of the leaders of the anti CCP organizations throughout the world because they're a murderous dictatorship. Every bad, every bit as bad as the Bolsheviks under Stalin and the Nazis under Hitler, they're just a brutal dictatorship. We're in it now. And that's why I think, you know, when people talk about, hey, we want a meeting with them, there's no one meeting is going to solve the problem. What's here? First off, as Natalie has shown you over years, her investigative report, they're so embedded into the cultural life, into the universities. There's 350,000 Chinese students right here paying full freight. What do you think would happen to the university system if we told them to leave tomorrow, which we should do. The university system has tapped off this, the national labs, the weapons labs, Chinese nationals all throughout that. Biden allowed tens of thousands of military age men, of Chinese men into the, into the country. Right now, one of the lead stories up on Citizens Free Press, the Wall Street Journal is breaking it. The Biden administration was told to their face last year in Geneva that all these cyber hacks, the cyber hacks in the infrastructure. Remember when Chris Wray did the 60 Minutes that was so shocking to the country, he says, yeah, the number one problem we have is China, the ccp. Oh, and what they have done, they're embedded in all of our infrastructure. I mean, the electrical grid, the communication systems, the highway systems, the transportation logistics systems, they're embedded either through software or other means. And when the flag goes up, when the balloon goes up, they will use that infrastructure to cripple us. We've been asleep. We've been asleep for a long time. I know the War On Posse hasn't European, the army of the awakened, and folks in this country just said, hey, I don't like what's happening. I see too many business guys rubbing up on the Chinese. Remember when she came to San Francisco and all the elites in New York City flew out there, you know, the Council on Foreign Relations, the Asia Society and all the big tech bros. Remember they were slobbering all over Xi. Remember that? That's who their allegiance is to. We're in it, folks. There's no when meeting to talk about reciprocity. This is global, it's multidimensional. And one side is going to win and one side is going to lose. We've got tremendous leverage. We have tremendous power in this. We have to smartly use that power and kind of bring this to a head. I've argued for years, decoupling. We have to. We can't be a part of a system that they're part of an economic system. Because why? Their systems based upon slave labor. They're always going to drive and crush wages always because Lao Beijing unfortunately are slaves to a murderous dictatorship. Short commercial break until the flip side of this chains got up on on Citizens Free Press. We got to stop kidding ourselves about federal spending. The games have to stop. Next in the war room. You don't go out and buy a life jacket when the boat is already sinking and you don't buy gold when the economy has already collapsed. Clearly others are heeding this advice as gold hit an all time high the first part of 2025 multiple times. It's not too late for you. The company I trust to help you diversify into physical gold is Birch Gold, the company I buy my gold from. Birch Gold specializes in helping you convert an existing IRA or 401k into a tax sheltered IRA and physical gold for no money out of pocket. Just listen to this five star review. Quote knowledgeable, helpful, non pressure, end quote. That's what you get with 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. Also, the House today also approved the SAVE Act, a bill requiring proof of citizenship for voter registrations. The President signed a similar executive order last month. That executive order has been challeng but this is a bill now that has been passed by the House. It's going to go now to the Senate. How do you feel that on that?

[Eric Bolling]

Yeah, you know there's that saying when this is a solution in search of a problem. This is a classic example of the SAVE Act. What Republicans are doing is once again demonizing immigrants for the sake of making it harder for eligible citizens to register to vote and to cast their ballots in elections. It's voter supply in disguise. Not so much of a disguise. Here's the truth. It is already illegal for non citizens to vote in our elections. Even the very.

[Steve Bannon]

Okay, I got Bensman up because so much going on on the border. Before I bring Todd in I just want to go one more time back to Citizen Street Press now more than ever because since Drudge's gone off the reservation years ago, Kane keeps a running they call it the stack and he's always breaking news and this guy does not sleep. But like Right up at the top. Every now and again, Cain plays it pretty straight. And you can tell by the way, if you spend enough time there, you can tell when he's framing a message or he's framing a narrative. But every now and again he will actually give editorial commentary. And I keep telling people when Cain does that, it's kind of like a papal bull. You should, you should pay attention and you should read it. It' When Trump says no games right there, Mike Johnson makes blood oath to cut 1.5 trillion spending. Except it's over 10 years of just a 50 billion, 150 billion deficit. I think Kean is right. That's what we're trying to get in back of. And I think it's one of the reasons Philip Patrick's going to be in the bottom of the hour. Gold's now spiked. The 10 year treasury is not doing that great. I think people see the potential for inflation coming back because, listen, at the end of the day, President Trump's doing amazing stuff. Commodity prices are dropping. He's going full spectrum energy dominance in every vertical he can to wring out inflation. He's doing it. The one that to me is the most important is you're still giving this massive Keynesian stimulus. And unless I can't do the math right, and I think I can, I just see the deficits of $2 trillion a year. That $1.5 trillion, I think is over 10 years. And remember, we've gone through this exercise before. This is the reason McCarthy got turfed out. Remember the time they came back and you said, we have so many conservative wins, we got so many conservative wins, we've got cuts. I go, you have nothing. First off, all these cuts are ephemeral. They all take place in the out year, so they never happen. The only thing that happens is an appropriation bill that takes place in that year. And that's going to get me to Elon Musk in a moment. I'm going to play that live because a bombshell was dropped in that incredible Cabinet meeting. President Trump basically had a cabinet meeting with the cameras there, which is extraordinary. But Elon talked about the waste, fraud and abuse he found. But I want to save that to after Todd Bensman. So Todd, the Save act, they already hate that. You got an incredible article up on, up on Daily Wire of what you're talking about. Let me get this straight. The Save act now makes it official for federal. You can't, you got to have voter id. You can't, you can't register unless you Got a real id there's no more possibility we'll let foreign nationals vote in our elections. On the other side, have we really started to criminalize it? That is real, that coming across the border, you're going to get thrown into jail first and then ship back. You're just not going to be allowed in the country. Because I saw President Trump on your famous app, you know, I think it was yesterday, said, hey, everybody came on the app since 1973 has got to go back immediately. Todd Bensman.

[Todd Bensman]

Yeah, I just came back from Del Rio Federal Court down there. I was in the courtroom for three days watching them bring busloads full of apprehended illegals into the court on charges of improper entry. 1325 of section 8 of the INA, and then a whole other courtroom full of, you know, they brought in 27 on the next rung up, 1326. These are federal charges. They are widespread. I have this from the highest, best possible source. This is part of a coast to coast, border to border, north to south initiative by the Trump administration to send illegal aliens that they apprehend anywhere into federal prosecution. Now, the first timers might get 30 days or 60 days or up to six months. Not that big of a deal. But that's only half the story. The trick is that when we deport them every time after they're out of jail, and if they come back, then they face 2 years, 10 years, and even 20 years, depending on how many times they've come back and whether they've got other criminal, nonimmigrant criminal history. And the impact of thousands and thousands of these really has, is reverberating all over the Latin America and all over the world. We don't want to end up in prison now when we cross. So that's a significant. I think it's got a lot. It's been undercovered quite a bit, but I went down to actually see this thing, and it's very impactful. Something to keep in mind. One other thing about that is anybody who's getting antsy and impatient about Tom Homan's mass deportations should just delay their gratification a little bit, because we have to wait until these people serve their time before we can add them to the deportation rolls. But there's going to be thousands of them. It's ramping up that program, and it's a good program because it's got sharp shark's teeth in it, you know, 10, 20 years in prison the next time you come back.

[Steve Bannon]

So let me get right when you say the 10 or 20 years, they catch them now, you get sent back right away. If you come back, the penalties have actually been raised. You're going to spend real time in prison. So that'll be a massive, that'll be a massive way to tell people you don't want to do this. A deterrent, is that what you're saying?

[Todd Bensman]

Yes, that's the way it works. If you're a first time offender, it's a 1325 charge, misdemeanor, federal misdemeanor. There also can be a felony charge on 1325 as well. That comes with two years, most of that six months or under. And these guys are like, ah, whatever, you know, free room and board for a few months, but not if they come back and those 1326s are getting multiple years in prison. I talked to judges, I talked to criminal defense attorneys while I was down there in Del Rio in the courtroom and they're like, yeah, I've seen guys get 10 years, years in prison for returning. Now it gets even worse. If they have criminal history on them where they did an assault or a felony, some kind of rape or whatever while they were here, then you're looking at serious prison time. This is a really important tool because you've got detention and deportation, expedited removal, we all know about that. But. But when they come back over and over and over, you always hear about these repeat offenders, right? This is the way you reduce the chances of a resurgence of mass migration by putting a big sledgehammer in the air over them or sort of Damocles over them for returning. This thing is spreading all over the country. This is a big program.

[Steve Bannon]

One of the things I think people are getting antsy. It's not that they don't like seeing Homan or secretary of DHS Nome on these raids and doing these raids and talking about putting bad guys and putting guys on planes and we're fighting in courts. The concern gets to be in this new reconciliation budget. It's the one big beautiful bill now has the deportations part in. It's $175 billion. So number one, that is a massive amount of money. But two people want to know. They see what happened on the app and now there's 930,000 people. When are we going to actually get to the mass deportation site? Are we going to have to wait for the 170 billion to be spent? Then you're talking years. I think people are getting antsy because they realize the criminals that came across. Yes, there's a. There's lots of those and they have to be dealt with. And it looks like Homan and Kristi Noem and others are dealing with it. But the mass deportation part, starting with the, the app, the 973 or whatever that number was, when is that going to kick in? And people start, you know we started getting these guys out of here and start getting them off the back monetarily and financially and business wise off of African Americans and Hispanic citizens so they don't have to compete with these folks for jobs.

[Todd Bensman]

Yeah, I mean I've been telling the posse for quite a while now that you know, you got to be patient because the Biden administration dismantled the machine. The deportation and detention machine literally dismantled it. For example they closed all the every family detention center in the United States was shuttered. I drove past one last week in Dilley, Texas and tried to get up there and they're under construction now so it's still not open. They're going to have to put open centers in the interior of the country to put people while they're waiting for a bus or a plane to fill up to come and get them. And also there are other programs that are in play. For example they want to put a registration. If you don't register your presence here and we catch you that's going to be a charge on you unless you self deport. They're creating some of those kind of programs to incentivize self deportation which I think will help. But remember the engineers of this thing, the architects of the mass migration crisis which was done fully, completely on purpose for four years straight. There was no accident here. They did it on purpose with lawyers constructing the whole thing carefully is designed to be a one way road in. One way road in because everybody knows that it's difficult then to legally remove people. There are processes, legal processes to, to make up to open up the the way going the other way. They knew that.

[Steve Bannon]

Hang on, I'm going to hold you because I got to get to the bottom of this. Philip Patrick's also going to join us. Gold's on fire. Today we're talking about why capital markets. Julie Kelly is going to be worth it is we're going to break down Julie everything on the legal side particularly trying to trap President Trump. These folks in a contempt charge. Tax day. The IDEs of April are upon us. You've already got problems. The IRS. They're not going to go away. 800-958-1000, Tax Network USA just use the name Bannon. Get A free consultation. Walk them through your problems before you Talk to the IRS. Talk to these folks because guess what? At a $2 trillion budget deficit a year, they're going to be looking for some money. Make sure that you're paying what is appropriate and right and legally justified. Talk to Tax Network usa. Short break. Back in a moment. In the world, 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's20akelen.com lose it and keep it off.

[Eric Bolling]

Here's your host, Stephen K. Ban.

[Steve Bannon]

Okay, so I'm gonna have to move some things around because we have so much to go through today. But I gotta get. This is bugging me no end. How do I say this? Let me say this in a way that doesn't hurt feelings. But you know, I've seen our attorney general and we love her, but she's on a fox a lot. And cash is grinding. I actually am glad they took ATF and gave the army it made like cash is fired. Cash is not fired. This job he and Dan Bongino have, the FBI is huge. However, folks, I want this to burn into you. I want to rub some salt in the wound here because we've got to get this rolling. And I commit to you, we'll get it rolling. But we are now talking about a budget that is going to be bigger than $6.5 trillion. And one of the reasons is they're going to ask for $150 billion more defense money than the 900 billion on the defense authorization. So it's going to Put us over a trillion dollars, which to me is obscene. And I say that as a hawk. Number two, there's $170 billion to set up a deportation system that was purposely taken apart by the Biden regime to allow 10 million people in here. And now we have to pay and it's going to take us years to get this ready, to get these 10 million people out. Now, if that's not a crime, it's got to be something and there's got to be a thorough to your mind, Todd BENSMAN the process of taking it down as they did that was so systematic because you would come on here for years and unlike all the other shows you would go, it is not chaos at the border. This is very well thought through. They're doing this systematically, they're taking it apart systematically, they're inviting people in. This is going to have a long term impact for the country. And in any indices you look at, this was probably even higher than inflation, right? The thing that got Trump back to office because it's one of his core signature things, just like tariffs and trade and bringing manufacturing jobs back from the first term to your knowledge or first off, am I wrong, is this not treason? When you take apart a system that's there to protect the sovereignty of the country and the sovereignty of her citizens and take that apart, invite the world in and now we know that it's so hard. You got to put all this stuff back together again. And plus physically you have to go recreate the logistics thing of transporting and even then it's never been built to send 10 million people back home. If that's not a crime or if that's not treason to the nation, I don't know what is. TODD BENSMAN well, I do believe that.

[Todd Bensman]

There is a lot of fraud to be uncovered. I will share this with you during the break. I didn't think of this, but I was contacted recently by a congressional investigator. I'm not gonna say who or which chamber that has this is an arm of Congress that has very powerful subpoena power, asking me what they should do, who they should subpoena, what they should. So there is interest in fact diving into what actually happened, fraud wise. And my biggest concern I told this person was that maybe there would be destruction of documents. There were gonna be people that were involved in this thing that are gone now, political appointees, people that served in all of the agency of DHS at the State Department, the Domestic Policy Council, maybe the nsc, I don't know. The point is, is that this was deliberate, it was careful, it was well done actually, if I'm being honest, grudgingly have to say how well done this thing was. And there is room for investigation, there's demand, there needs to be investigation into how.

[Steve Bannon]

I want you to go through that right now. But President Trump just signed an executive order yesterday on Krebs. And saying Krebs have gone around forever is the safest, it's the safest, most secure ever. And Tulsi Gabbard I think said today at the, at the, at the cabinet meeting they have evidence at DNI of actually and Lindell is going to be up here because he's skipping around, lighting his hair on fire because I'm not a machine guy. Right. I think they stole it. With mail in ballots, however, always been open. The machines are too complicated for what they're supposed to be done. And that always gets, you know, that always has me worried of why they so complicated. Tulsi Gabbard I think says the day in the cabinet meeting that yeah, we think we found evidence or we're pursuing evidence of the hacking of the machines. And Krebs, he signs an executive order to go after Krebs. I mean, do we need and maybe help the president frame for the president sign an executive order about this, that this has to be investigated? I mean, first of all, it's $170 billion tab folks that used to be the size of the defense budget a decade or so ago. I mean that is a number that is just shocking to me. And people in this town are not sitting there going, this is the most outrageous thing I've ever seen. We took a system that wasn't perfect, but it worked. If you enforced it, they systematically took it apart, knowing exactly what they had to do. Right? Then they allowed 10 million people in basically to take low skilled jobs against African Americans and Hispanics and also as we know, try to get, try to gin up new voters. And then when, when they're thrown out and the people throw them out for this topic being like number one, we get the tab. Oh yeah, it's going to take a few years because they took it apart so well, it's $170 billion going to take your time. If we don't hold people accountable for that, that entire thing, if that doesn't reach treason that you did that and it allowed invaders in here. Trump just said, Hey, 973,000 are heretofore ready to go back. This thing is maddening. And I don't think we show the American people We're serious about this. Of course they're going to sit there and go, hey, you guys are just part of the swamp. It's just going to get along. This has to be a high priority. Not just the physical removal, but also the process of how it. How it happened and who's responsible and who's going to be held accountable and who's going to go to prison. Start with Mayorkas and the rest of that crowd that would sit there and smirk, do hearing after hearing and lie and perjure themselves. Impeachment's not enough. Todd Bensman.

[Todd Bensman]

Yeah, I have to agree with just about everything you said there. I mean, good governance demands accountability about what happened. I've written before that we have to have at the very least some kind of a commission that. I know you don't like the idea of commissions, but I agree that there needs to be fact finding about who did what when, and there needs to be a backing doj, Department of Justice backup for the things that they find for referrals on the interior of the Biden administration. These are gonna be the political appointee class. I've said this many times on your show. They did this. They came from the NGOs, they came from the migrant advocacy industrial complex, not think tanks. They came from those places. And the things that they did benefited their former employees, employers rather, and future employers. So there's a lot to be done there that I don't think that they. I'm not sure that it's fully appreciated yet in the administration how badly people want justice for what happened. And they deserve justice.

[Steve Bannon]

Yes. People are furious. Anyway, I'll talk to you, Alvarez. We'll get this organized, I might add. And Liz yourr and the gang for getting this to me. But to show you how much the Catholics, the regular people and Catholics hitting a second collection or something, supported the Catholic Charities refugee program and illegal alien invasion program as soon as the government cut it off. Todd, didn't they announce the other day that after 50 years of doing this, we're out of the business? As soon as you cut the government tap on, there wasn't enough money coming from Catholics to support it. They basically said they're not in that business anymore. This shows you how corrupt these NGOs are. These NGOs are like barnacles on a ship. We got to get to the bottom of these NGOs. And then who supported the NGOs, the sources and all those guys? They're all part of a vast criminal conspiracy to have an invasion of the United States of America. The greatest invasion that's ever happened in our country. Nothing else even comes close. It came close to destroying the nation. We have to, we don't. When the balloon goes up on the ccp, I have people in the new federal state, I have people that are Chinese that are here. Chinese citizens say, hey, you have no earthy idea what's coming across the border. During the Biden years, you're totally exposed to fighting age men and we know we got terrorists. Your book, your book expose how many terrorists are coming across. I mean your two books back to back were kind of the two guns, the two gun approach to find out what's going on. It just maddens me. And I realize people have so much to do, they're so burdened with what's going on, but this has got to be a top priority. We got to get an executive. I actually think the president ought to assign a special counsel and ought to report directly to him in the White House. That'll blow up the legal community and they're on a panel of grand jury and they ought to start going, just going, just ripping on this thing. Todd Bensman, your thoughts?

[Todd Bensman]

Grand jury, good idea. But most definitely. And by the way, one of those border crossers went on to conduct a terror attack, an actual terror attack in Chicago in October. Mauritanian, I'll just mention that I went to Chicago and reported on that. But the point is that, yeah, it's not just the NGOs, but it's their friends that ran the subcontracting bus company and the food vendor company and the hotel brokers that brokered for the hotel rooms and the whole thing up and down that companies that were created out of thin air because, oh my God, we've got to get minibuses on this down to Del Rio or whatever. And we're gonna pay you, don't worry about it. Just bill us, you know, that sort of thing. I promise you that you would find kickbacks, you would find evidence of overcharging and contract steering and all the usual stuff. Whenever you have money in kind of volume.

[Steve Bannon]

Grace Chung just sends me a federal judge breaking news. A federal judge is allowing the Trump administration to move forward with their requirement that everyone in the United States illegally must register with the federal government in a move that could have far reaching repercussions for immigrants across the nation. Your thoughts on that? Todd Bensman? That's the handout.

[Todd Bensman]

Yeah, I mentioned that earlier. This is a great idea as a way to create leverage where none exists on illegal aliens that are in the country who don't register. We catch you and you didn't register. You can, you can be fined and, or go to jail and prosecuted for that. And why don't you just self deport if you don't want to register, that sort of thing. So I mean it's a cudgel and they're coming up with more and more out of the box ideas like that. Remember, it's a one way superhighway into the country always. But there is no way out really, except by a narrow country trail. That's the way the system is. The people that engineered this thing knew that when they were engineering it, they knew it. Everybody knows that. Who does this business on immigration?

[Steve Bannon]

Todd, what is your. Where do they get your books, where they get your writing, where they get all of it? Sir, while we have you, while we're fortunate enough to have you.

[Todd Bensman]

Yeah, I'm on X Bensmith at X and I have an account at Getter and Truth Social and my website is todd benson.com I work for the center for Immigration Studies. They're the ones that fund all of my trips, you know, pay my mortgage and that kind of stuff. Great organization, cis.org.

[Steve Bannon]

They'Re the best. Todd, thank you so much. Honored to have you on here. We'll get to the bottom of this. I kind of like my special counsel idea. I think I'm gonna play around with that tonight. Think about it. Something has to happen, has to formally happen. We gotta start a process here. I realize there's so much going on, but you know, we got, we gotta get some more laboring orders on it. This is a big one because it's not gonna get sorted unless people are not gonna be held accountable. They're just gonna kind of, the rats are just gonna kind of go down the rat line. Hometitlelock.com, you need to man the ramparts. Julie Kelly's gonna be here in the second hour. The work you've done, I think we've won five in a row at the Supreme Court. It's because the pressure you put on the Judiciary Committee and others about these judges being out of control. We need you to be able to do that. Not worried about somebody's taking a second mortgage out in your home. You got to figure out how I'm going to come up with $50,000 to pay it or a hundred thousand bucks. Home title lock, one million dollar triple lock protection, 24,7 coverage. They alert you in the middle of the night if anything's up and they have a $1 million restoration program. Program if all else fails. Hometitle lock.com promo code. Steve, 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 3:12 to 2:26, 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 records with an S. Go now and claim your free book. That's rickardswarroom.com do it today. Down bonds, down in price. Oil down dollar down hard. Okay, so basically people are turning pretty much all dollar assets into cash or something owned elsewhere. Hey, gold's green.

[Eric Bolling]

Gold, of course is.

[Steve Bannon]

Okay. And a turbulent day. And there are going to be many turbulent days, folks. One of the reasons we partnered with Birch Gold's four years ago was we kind of saw this financial turbulence coming in Biden and what they did with the balance sheet of the United States, it was going to continue even regardless of what President Trump's doing, he's trying to right this ship. Why is this happening? Why are we having these? Dow Jones down 2,000 points, up 3,000 points. Down 10 year Treasury. But gold seems to be on a tear. What's driving that, Sir Philip?

[Philip Patrick]

It's climates like this, right? It's volatility, it's economic uncertainty, it's dollar devaluation. All of the above. I mean, we've talked about these issues for a long, long time. It's all starting to hit us. And of course, gold thrives in those climates. Gold today has officially hit another all time high. We're at 3175, up 21% for the year so far. Bank of America now raised their forecasts again. Gold 3500 by the end of the year. UBS say 4500 by mid next year. Look, at the end of the day, we're in the middle of a geopolitical and economic realignment. The global order we've known for decades is sort of breaking apart. And in times like this, individuals, governments, they turn to hard assets and especially gold. So it's not a surprise to me, I know it's not a surprise to you. Gold is hitting all time highs and is projected to continue to do so, at least for the short to medium term.

[Steve Bannon]

I'm going to have one of the specialists, one of the gentlemen now run a new federal state for us. And we're doing this big thing on Tiananmen Square, the anniversary on 4June, and we're putting together speakers. One thing in our research is showing that the Chinese Communist Party as they're talking to people, they now have come out and they're taking the lead on the de dollarization effort, one of the weapons. And that's why I say this is not about tariffs and trade anymore. This is two different economic systems. One that has benefited from the capital of the other that would be the Chinese Communist Party understands it's being cut off. There's no place they won't go to take us down. The one effort they're doing behind the scenes is the de dollarization effort. Are what we see in here people concerned about that is central banks buying gold? I mean, what is the trend you're seeing? Because every day it's not simply the price that's going up, it's the amount of activity in back of that price.

[Todd Bensman]

Sir.

[Philip Patrick]

Yeah, look, the dollarization has been been a big part of this, right. I've said for the last three years, central banks have set record year on year on year for gold buying. And it's in an effort to de dollarize China. As much as they want to move away from the dollar, they don't have a better alternative from a currency standpoint. And they're using gold as a means to de dollarize. And that's the one big concern. Obviously there's a big negotiation going on and I agree with you. I don't think this China thing is so much about a trade imbalance as much as it is about an existential struggle with the CCP's authoritarian economic model. For years they've been playing us like suckers, right? They steal our intellectual property, they subsidize industries and dump products into the United States. They manipulate their currency to gain advantage. And I think what Trump is doing now is saying enough is enough, right? If you want to access American markets You're going to have to do it on fair terms or not at all. But like you say, we're in a precarious position. We're carrying more debt now than has ever been held by any nation in history. And China are large holders of US debt. If they start to dump US debt, we're going to see what happens to borrowing. Rates on Treasuries, they already spiked quite aggressively. If that continues, that could create problems domestically. So this is a very tough thing to navigate. I think President Trump is doing a good job. I was excited to see the 90 day pause on the rest of the world's tariffs. I think it's diplomacy in action and I think he's trying to create some togetherness to ultimately deal with the China problem, because ultimately that's the big problem for us.

[Steve Bannon]

But that's why I say you go to citizens free pressure, you get both sides of what's happening. You have that and that's fully engaged. But then you look at, I think the reason that the tens have been spiking and even some of the rush to gold is the big beautiful bill. President Trump and Bessant both have a theory of the case. This is your last shot to get a supply side tax cut and do it. And I, and I got that to work in that. But the spending on this and that's why it's kind of gimmicky about how this thing even came apart. I think, I think the bond market saying that and they're a little, they're a little jiggy on this. And if you look up in the headlines, it says for us it kind of breaks it down. It's really like $150 billion of spending which cuts which even those are small. Those never happen people psychologically, because I know you get a 3 o'clock out west, I want you to bounce. But people have the psychological say, hey, I should have gotten in years ago. And Warren started talking about it was 1100 bucks, I missed it. And they get nervous about the highs. What is your. How do you talk to people when they come in and you say, hey, it's an all time high and it's setting an all time high every couple of days. But that's not about it being a hedge, it's not about being a store of value. What's the psychology there? Because I know a lot of people are spooked that the price of gold is actually so high.

[Philip Patrick]

Listen, the reality is everything is high, right? Obviously we've seen the markets come down this year from the Highs. But we've been dealing for the last 15 years. Markets are at all time highs, gold at all time highs. Everything. Housing markets, rare car, you know, rare whiskey markets. At one point, everything's high. And it's a reflection of what we've done, right? We've had zero interest rates almost for 12 of the last 15 years. We pump money through the economy and what it does is it creates bubbles. What we're starting to see is those bubbles come undone. But the question is not what can I buy low and sell high today? The question then becomes what's more conducive for the climate in front of us? And that's where I see a big advantage with metals. Look, what President Trump and the team are trying to do is a big, big thing. And in the process, we're going to see bubbles burst. We're going to see global economic instability and gold in those climates thrive. Then on top of that, you've got debt and deficits as the overhanging problem, Right? This is where our dollar could be in trouble. Longer term, gold is the best hedge against that. So I don't fear gold's prices. They're a reflection of the dollar's value. And unless we can curb spending and deficits, the sky's the limit for gold.

[Steve Bannon]

Philip, where do people go? We'll let you bounce, make you 3:00. Where, where do, where do people go to get you to very easy.

[Philip Patrick]

Birchgold.com forward/bannon or text Bannon to 989-898. Whatever you prefer. That'll get them access to end of the dollar Empire reports. A ton of information on how and why to invest in gold in today's climate. And they can reach me directly on getter. Philip Patrick.

[Steve Bannon]

Philip Patrick. Thank you, sir. Gold at another all time high. On the 10th of April in the year of our Lord 2025. The right stuff takes us out. We are back in the Warren for the second hour. Just a moment. Health isn't just a personal issue. It's a family issue, a community issue. We're living in unpredictable times. Supply chains can break down, hospitals can get overwhelmed. And let's not even start on the natural disasters. These aren't hypotheticals. They're happening. You see it here in the war room and we all know it. The question is simply, are you ready? That's where Jace comes in. This isn't just a kit. This is a Jace case. It's a lifeline. It's a personal supply of prescribed emergency medications that puts the power back in your hands. Whether it's an unexpected illness or a global disruption of supply chains, you can act fast and protect yourself and your loved ones. This February, show them you care in a way that really matters. Be prepared. Get the Jace case today so you'll have the right meds on hand the moment you need them. Visit jacemedical.com and use the code Bannon B A N N o N at checkout for a discount on your order. That's jacemedical.com promo code Bannon. Get the Jace case and do it today. Human really trying to fill this gap of quality supplements and of course the beef liver being our flagship products. For those who don't know, beef liver is loaded with highly bioavailable ingredients such as vitamin A, B12, zinc CoQ10, etc. And because it is 100% grass fed 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. 7 100,000Americans 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 room health.com all one word war roomhealth.com use the code war room at checkout to save 67% of your first shipment. That's code war room at checkout to save sixty seven percent and do it again. War room health all one 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. It how we're going to do that is with salty. Go there. Do it today. Check it out.