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Bannon`s War Room
Episode 4534: New CBO Score On The Big Beautiful Bill; AI Lying To Their Maker
Episode 4534: New CBO Score On The Big Beautiful Bill; AI Lying To Their Maker ...
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- [00:00]
Steve Bannon
His frustrations over his trade war with China. After accusing China of violating an agreement to temporarily roll back tariffs overnight, the president posted this. I like President Xi of China, always have and always will. But he is very tough and extremely hard to make a deal with. That jab coming as a US Ambassador is in China meeting with that country's top diplomat. Oh, yeah. I mean, Doge created chaos. The cuts that it had were to federal employees into usaid. We're seeing rescissions. Package sent to Hill that's, you know, targeting public broadcasting, for instance. These are not major items. Let's be real about it. Doja didn't really do anything when it comes to long term deficits and debt. It was a failure. It was an objective failure. And I think that's probably feeding what Elon's doing right now. The other thing I think is obviously worth noting is that if people really did care about the deficit in debt with respect to this bill, Elon is not focused on the real driver here, which is that it's an extension of the Trump tax cuts and that's what's driving the deficit in debt in this bill. I mean, they make cuts to Medicaid in the form of $700 billion, $800 billion. It's the tax cuts that are costing. But no one on the right is talking about, well, maybe we shouldn't extend these taxes or maybe we should raise the rates a little bit on the high end earners, which is what Steve Bannon had actually suggested but was dismissed. That's not part of this conversation. So some of this is a bit of Kabuki, I think. I think the Elon Musk thing really caught the President by surprise. And I hear he is furious. But I think he's so smart to keep his powder dry because it just plays into what critics would have to say. The right can't get out of their own way. Instead, just, you have a goal. Pass it. Elon Musk is not in the Senate or the House.
- [01:45]
Angela
Don't worry about it.
- [01:46]
Steve Bannon
Can I offer a different perspective, Angela?
- [01:48]
Joe Allen
As someone who is supportive of the.
- [01:51]
Steve Bannon
President's agenda, I am upset with Congress right now. I don't blame the President for the big beautiful bill. I blame Congress because they go to their constituents every single election and they say they're going to cut spending. Cut, cut, cut, cut, cut, cut, cut. And it doesn't seem like there's a.
- [02:07]
Joe Allen
Willingness to do that.
- [02:09]
Steve Bannon
Iran's supreme leader is making it clear what his response is to any proposal by the US That Iran give up its uranium enrichment program in return for, for a nuclear deal. The response, a hard no. On Iranian state tv, the Ayatollah Ali Khamenei said this about the US Quote, they cannot do a damn thing in this matter. CNN has also learned the Trump administration has shifted its position on the issue of uranium enrichment in its new proposal.
- [02:39]
Captain Fennell
We've been talking about the so called the July package for a long time, meaning that, you know, the South Korean government has agreed to, with the United States to agree something before the beginning of July or mid July before United States finalizes their, their tariff schedule or end their postponement of the tariff implementation. So the time according to that schedule is pretty pressing. But I'm not exactly sure how far or how fast the league government would like to go on that. Just watching European allies for instance, and China and other players as well, Lee has made it quite clear that he doesn't want to rush to make a good deal and he does not want to make Korea as one of the first countries to make any kind of deal with Washington. So with that strategy in mind, it looks like his team is going to try by as much time as they can.
- [03:28]
Steve Bannon
Okay, it seems like that's, that's the.
- [03:30]
Captain Fennell
Strategy both at home and abroad then to sort of go slowly and, and to try and work things out. We know that China has offered a.
- [03:36]
Steve Bannon
Congratulatory message to President Lee for, for winning the election.
- [03:41]
Captain Fennell
How do you see that relationship? Well, definitely most of the observers seem to be seeing upswing curve in terms of the relationship between Seoul and Beijing because simply because of the fact that it has hit the bottom and it has remained there for a long time for the past several years, at least since 2016. So it only has a way up a lot of people believe and Li has been making quite clear that he's going to work on improving relationship with Beijing not only kind of like over a broaden the schedule but scale, but rather kind of gradually under the surface over time, not overriding the United States or anything like that. But still he has maintained the firm position that Korea deserves better relationship with Beijing. So it's going to come step by step also once again in a more more gradual patterns perhaps.
- [04:28]
Steve Bannon
And just coming back to some domestic issues.
- [04:30]
Captain Fennell
We know the president, he won this election, but he won it with 49% meaning that more than half of the.
- [04:36]
Angela
Country didn't a vote for him.
- [04:38]
Captain Fennell
How do you think he's going to address that going forward to try and bring it sort of a uniting kind of message to the Country. In fact, that was exactly his first words, uniting the country, bridging the gap between the two different groups. And one group supported him. Half of the nation and the other half of nation chose not to support him. So he said, you know, that's going to be his top priority. But it's important agenda. But we know it's nearly impossible to address the issue within a short time. So will be all closely watching what kind of steps he will be taking. There are all different ideas, but at the same time, this is the toughest issue. If it's an easy issue, it won't be around for this long. So a lot of heads will come in to join him to come up with ideas. And they will. Many eyes will be closely watching.
- [05:23]
Steve Bannon
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. 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 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.
- [06:05]
Angela
War room. Here's your host, Stephen K. Ban.
- [06:13]
Steve Bannon
It's Wednesday, 4th June in the year of our Lord 2025. You heard there at the end about the Korea situation we've been covering. The winner got 48 and a half or 49% of the vote. South Korea trusting in the turmoil with Lee's sweeping election victory, sweeping election victory and right there for those in the State Department not paying attention or the White House would not been paying attention to this, they gave two fuse number one. We're going to take our time on a, you know, we're not going to be the first guys and we're going to take our time on a trade deal. President Trump put another ultimatum I think last night or Besant or Lutnik, hey, we need them all in like immediately. The new, they're under new ownership in South Korea. And yeah, we're gonna, we're gonna have under the table, we got step by step better relationships with Beijing. Everybody that was asleep on the watch in this thing, payback is gonna be bad, folks. Gonna be bad. Just one of many things I've said many times that June 15th which we're approaching, what, 11 days away is the 10th anniversary of President Trump coming down the Golden Escalator. And that all of that, all 10 years, everything you've been through in supporting President Trump, all the MAGA movement, everything President Trump's been through, all the turmoil, all the highs and all the very deep lows and the amazing comeback, it's all a preamble to what's happening now, the convergence of these crises. And let me be blunt, from the Eurasian landmass deep in Russia, in Ukraine, to the mullahs in Tehran, to the political class on Capitol Hill, the lords of easy money on Wall street, the tech oligarchs, the Beijing and the Chinese Communist Party, which he's got a call with Xi on, on Friday after Mertz comes here with the Germans tomorrow. They're calling, they're calling bluffs. So now it's time. Do we got the cards or we not have the cards? And how do we play the cards and how we're going to have President Trump's back. This Elon thing is exactly like I told you this, this $9 billion. I'll put it up later. The $9 billion. There's no fraud in there. There's no waste. And that was all approved by Congress. Yeah, it's outrageous. It should go away. But that this has all been identified for years. Where's the fraud? Where's the $1 trillion of fraud? Elon got the political class off the hook. That's how you get the big beautiful bill because it turned out in Social Security and Medicaid. Show me where the fraud is. Show me where the Doge fraud is. Not, not $9 billion of programmatic cuts that people have identified for years. Every one of those 11 items, including PBS and NPR. And I realize Russ Vote is doing this as a test case. I got it. And there's not enthusiasm up there to do it as a test case. And he's going to do pocket rescissions after that. What does it mean? It means you don't have the votes to do to codify these cuts. But those cuts I have dug into what they're talking about. I haven't seen any fraud in, in, in Social Security. The, the three and a half minutes President Trump went through in his State of the Union or his Joint Congress or Medicaid or the Defense Department. Defense Department's a festering sore of ways foreign abuse.
- [09:42]
Angela
Where.
- [09:43]
Steve Bannon
Show me the money. Where is the beef? We are in a crisis. And yes. Was it Sam Stein says that. Yeah, Bannon. It was Dismissed. Yo, dude, as far as one thing, if you want to stop the dead bomb, Elon and the guys on Capitol Hill, you're going to have to raise taxes. The, the wealthy can't get an extension of the tax cut. That's got to go. The middle class and the working class, that has to be extended and has to be made permanent at 40%, the top bracket or 40%, you pick them, that's got to go to 39, go back to 30, snap back to 39 and a half percent and go to 40%. The math simply doesn't work. Have I not said this 2 billion times? And of course, all the lackeys for the wealthy, right, here's a debt bomb. And Ron, John and other people are working on, I think, quite smart changes that can be made to the big beautiful bill. But now it's in basically turmoil and chaos and this gets back to Polly Pockets kind of tapping things along. And now it's coming unwound at the exact moment, the convergence of all of it, the kinetic part of the Third World War, the, the whole border situation and the deportations and what's happening in the courts to call President Trump's bluff. That's what they're doing. They're saying, okay, you're command. You got these Article 2 powers, Mike Davis, D. Bannon, yammering on all the time. You got these Article 2 powers. Prove it, because we don't think you do. We're going to delay is to deny. We're going to get our bluff called there. What are we going to do? I say go full go number step one, go full President Abraham Lincoln. And number two, if they respond, they respond to that. Go Andrew Jackson. It's very simple. The same with the Third World War. And right now Lindsey Graham's over there. He's skipping around France and he's skipping around Germany and he's flitting around, right? He's getting page one. What he's got to do, he's basically telling people, hey, he's calling Trump's bluff. He says, I've got a veto proof way for us to extend this war against the Russian people. That's what you've got the mullahs, and most importantly, get Beijing. I don't think she's burning up the phone lines to have that call on Friday. I just don't. President Trump comes out with a tweet and says they're tough to deal with. No doubt. No doubt. And they're not going to do a deal right now. I think that's pretty obvious they're hurting, they're getting crushed. But like I said, hey, don't make the Chinese people eat grass for two or three years. So we've got Joe Allen. He's at a conference on artificial intelligence. We got to get to Captain Fanell. We've got the, we've got Forrest, Roy and Ava are going to join us. We got a lot of Tiananmen we're going to talk about and bring it up to date of why that event and what led up to that event and the American response to that event. Why today we're in the position of the Chinese Communist Party. But just look at this and all the front finally in the front pages, the moneyed interest. They're all, hey, they're loving it. Sweeping victory. Got sweeping victory sweeping. Look at that. They're all happy and people waving flags. And what the guy say right there in Korea, he gave it to you? Yeah, we're not going to be. We got a July package. We're going to come back to you in July. President Trump said, hey, we want to get deals now. We're doing a call for all deals. And what they say as soon as the guy's elected. Yeah, you know, I don't know. We'll get back to you in July. Right. Oh, by the way, step by step under the table, we're going to make things better with Beijing. They are controlled by Beijing. The way they won in stealing that election was by Beijing. The Chinese Communist Party. Political warfare at the ballot box. You seen that before. You don't think they had anything to do with 2020? Don't think so. Oh, by the way, while we're on it, Grassley drops a couple of bombshells yesterday about the FBI and the traditional Catholics, which started with an investigation of my parents church in Richmond, Virginia, now looked at as much broader. Ray purging himself. Where's the investigations? Why is Brenner, why is Brennan walking around? Why is Clapper walking around? Why is Ray walking around? Why is Fauci walking around? It's time to get serious up on the 10th anniversary of President Trump coming down the escalator to change the direction of the United States of America, to reclaim our republic and to change the world. Like I said, the next hundred, 200 days, the foundational element of the permanent legacy of President Trump. And they're coming at him from every angle. Every angle. So now more than ever, we need to be absolutely maniacally focused on what has to be done and how it's going to be done. And when it's going to be done. In the land of the blind, the one eyed man is king. Short Commercial break Massive show today. Stick around. This July there is a global summit of BRICS nations in Rio de Janeiro. The block of emerging superpowers including China, Russia, India and Persia are meeting with the goal of displacing the United States dollar as the global currency. They're calling this the Rio Reset. As BRICS nations push forward with their plans, global demand for US dollars will decrease, bringing down the value of the dollar into in your savings. While this transition won't not happen overnight, but trust me, it's going to start in Rio. The Rio Reset in July marks a pivotal moment when BRICS objectives move decisively from a theoretical possibility towards inevitable reality. Learn if diversify your savings into gold is right for you. Birch Gold Group can help you move your hard earned savings into a tax sheltered IRA and precious metals claim your free info kit on gold by texting my name Bannon SBA N N O N to 989-898 with an A plus rating with the Better Business Bureau and tens of thousands of happy customers led Birchgold army with a free no obligation info kit on owning gold before July and the Rio Reset text Bannon B A N N O N 298-9898 do it today that's the Rio reset text Bannon at 989-8898 and do it Today series A startup building on device air gapped AI for the warfighter Effectively what we've built here is a think of it like a ChatGPT style application that runs air gapped on device and we have different MOS specific adapters that give you very personalized outputs. And then this can also operate in denied environments. So a lot of our troops and our war fighters are in contested environments like Ukraine and elsewhere. So you can actually bring all the capabilities of LLMs and ChatGPT locally and have it be completely private and secure. Right? Like this technology is still very early, but we do a number of things to actually mitigate against hallucinations. So one is the base model itself that we've trained is trained on military specific data. So it's going to give you more military specific answers. So given that it has legs, many people know that spot can dance. So we can do a little demo dance here just to show off a few dance moves. This is sort of just having fun with the robot.
- [17:18]
Angela
How long before we start seeing militarized robot dogs?
- [17:22]
Steve Bannon
Well, we do have a policy against weaponization of our robots and that's right in our terms and conditions of sale. So if you buy the robot from us, you're not permitted to weaponize the robot or to use it to harm or intimidate any person. We do have military customers using our robot to keep people safe.
- [17:39]
Angela
Awesome.
- [17:39]
Steve Bannon
So we designed this, you know, little 2 inch drone specifically for the conference.
- [17:44]
Angela
We've got a race and maneuver competition going on here hosted by SCSP and US NDA to really pit Navy, Marine Corps, Army Air Force, College, High school, basically everybody in the, in the hobby, in the, in the pathway of flying these FPV drones against each other. What about AI versus human? Are you guys doing that at all? So there's not at this booth specifically, but there's a lot of interesting stuff coming out with AI and specifically these purpose built tradable systems. How long before the AI is outperforming all human pilots, you think? I don't know. I might have a controversial opinion on that. I think that there's always a place for the human pilot.
- [18:25]
Steve Bannon
Okay, artificial intelligence, the remember this is all inestructively linked with everything that is going on folks, including this. I don't quite get this Palantir thing but we're working to get to the bottom to make sure that they don't have all of your, all of your information. Also MTG, you know, she said, hey, in the bill, the 10 year which we've highlighted from the beginning. But even worse in that section is where they take Joe Allen, the executive order that we're the only people to call out under Biden a couple of years ago that said whole of government is going to revolve around artificial intelligence. Now they covered that by lying to people and said hey, this is the moonshot to save canc cancer, to kill cancer. That's the COVID It's always some paraplegic or it's always somebody brain dead or it's, you know, cure cancer. It's always some happy face in the front. This is what we're going to do. And I'm not saying that those things maybe aren't potentially possible. Okay? We don't know yet. What I do know is the artificial intelligence has a, and Axios has got this story up today, has a habit of maybe lying to the humans, right? Misinforming the humans. And yes, this is an early stage. But Joe Allen, you're at a, you're at an Eric Schmidt conference and folks, let me be blunt. Joe Allen, correct me if I'm. Okay, fine. Okay, just let me know when he's back up. He's over at the conference. Probably knocked him down. Everything's revolved around the arms industry. Everything's revolved around immediately getting all of this into the weapon system. This is why what's happening in Ukraine is so dangerous and in Russia. That was all driven by artificial intelligence on those drones, the ability to strike in and hit part of the nuclear triad of the Russians, which, like I said, Curtis LeMay couldn't even, in his biggest fantasy, couldn't even. Couldn't even think of. Captain Fennell, you're here. This is for Junior. In the United States of Tiananmen Square right now. You saw President Trump put up. Hey, it's tough to deal with Beijing. You saw the Wall Street Journal in the, in the Financial Times. They couldn't be happier that, that the progressive party that's part of Beijing is because the fix is in the global capital markets and the lords of easy money in big tech and the big corporations, they're business partners with the Chinese Communist Party. They benefit from the slave labor of Lao Beijing in China. This is as obvious as the nose on your face. Look at this Wall Street Journal hand cover this thing. Look at the happy people in Korea. They're happy. They're. They're waving flags. They're happy. Look at this. The guy gets 49%. Look at this. Look at the headline sweeping election victory. Don't talk about the voter fraud. Don't talk about your concerns. Look, everybody's happy. They're all wearing blue. They're all happy. Of course, the spokesman comes out and says, yeah, you know, on that tariff thing that President Trump has, you know, given us a couple of months on and wants a response. I don't know. We may have a July package, but we're not going to be first. We got to think about it. Oh, by the way, our priority is getting our relationship with Beijing correct. Captain Funnell, we're on the cusp of being drawn in to a basically kinetic conflict on the Eurasian landmass. And right now, Korea has fallen. It's not Steve Bannon saying this. It is the Secretary of Defense, Pete Hexseth in Singapore on Saturday said, get ready for an imminent threat in an imminent attack on. On Taiwan. Sir.
- [21:57]
Joe Allen
Yes, Steve? The election results in the Korean Peninsula and South Korea are, Are very concerning, and I understand the, the implications, and it's part of Beijing's grand strategy, the Chinese Communist Party strategy, to drive the United States out of Asia and by basically taking South Korea and putting them under their wing again. Not again. But at this time, they are basically saying, we're going to challenge what the secretary said in Singapore. He also said he wanted to prioritize forward basing. So now this is going to come up. The next shoe to drop in from terms of military. Is there going to be a big pressure on the South Korean government to push the United States military out and come up with some kind of deal with North Korea. That's their goal, is to push us out. Over my shoulder here, my left shoulder. This is Today is the 83rd anniversary of the start of the Battle of Midway. And in that battle, if we had lost that battle, it would have changed the outcome of history for the last 83 years. We are in a similar situation where China is pushing out and expanding in Northeast Asia into Korea, threatening Japan, threatening the southern Japanese islands, obviously threatening Taiwan. They have two aircraft carriers out at sea right now, one in the South China Sea, one east of the Philippines, the Liaoning and its farthest operating area since she's been operational. And they have a third carrier up in the yellow in the Bohai doing sea trials. And they're pushing out, threatening the Philippines, threatening our interest, making investment, as we heard from Cleo Pascal, into the Micronesian Islands and establishing bases there, just like the Japanese did. So we are in a very critical situation right now. And as you use the term, tapping along isn't going to cut it anymore. We got to stop tapping along and we got to wake up and do something different. I've been riding and talking about at this point, it should be time to think about moving at least half of the Atlantic Fleet from the Atlantic Ocean through the Canal and into the Pacific. And I know it's controversial and some people won't agree with that.
- [24:08]
Steve Bannon
Now you're talking to a Pacific Fleet sailor. You're talking. I know we got a couple. We got a slight bias. You're chief intel for the Pacific Fleet. I was a Pacific sailor, but hang on for a second. I know you're going to hang around this morning. Got a lot to get to real quickly in Midway. And I'm going to go back to Joe. We got him up at a. Which is all about defense in both Pearl harbor and in Midway, given the. The great equipment the Japanese had after this major naval buildup in the. In the heat of battle, particularly in Midway, it wasn't. It was not simply the valor and courage of the American pilots and Admiral Spruance and the carrier battle groups, but in both situations at Pearl and at Midway, the Japanese high command at fighting the ship Kind of panicked and made some. It paused and made some bad decisions. I keep saying that about the Chinese. They've never had to fight the ship. They've never had to be in combined arms naval warfare. When the balloon goes up, it gets quite intense and quite confusing. Can artificial intelligence take away the advantage we just had from, you know, the Royal Navy handed down to the American Navy, the fact that we fought in the Pacific, that we train our fleets, even given how bad seamanship is today and all the basic issues we have with that, that our major advantage of actually having done this and pass that down from generation to generation. And they've never fought at sea ever. I mean, they have less experience than Japanese had in 1941, 42. Does artificial intelligence take away that advantage, sir?
- [25:50]
Joe Allen
It can. I mean, one of the reasons for the victory at Midway was the intelligence work that was done by Commander Joe Rochefort and his team of radio intelligence cryptographers at Station Hypo there at Pearl Harbor. Being able to read the Japanese Imperial Fleet's communications and understanding where they were going. We didn't read all of it, but we read enough that we could know where they were going to. And they were going to Midway. And that was the, that was the thing that set us up for victory beyond what the, our pilots did and all the valor and courage that they exhibited in that, you know, from 4 to 7 June 1942. But it was intelligence. So here we are now, 83 years later, and we're looking at things like artificial intelligence and drones and the Replicator and the Hellscape Initiative. These are the things that are going to help us defeat the PRC and the PLA Navy in a war at sea. But we've got to have capital ships as well. It's not an either or thing. We need to have the ships. As we've discussed, this is a big ocean. It's vast. It's huge. And the Chinese are venturing out farther and farther to the east, operating near Guam, operating near Hawaii, possibly with their submarines and even further. So we have to be ready for, for a war at sea. And we can use artificial intelligence and are in our normal intelligence if we're willing to use it. And listen to what the evidence is telling us.
- [27:13]
Steve Bannon
Captain, hang on for a second. We got. We're stacked up already, but we get to all of it. This goes back to also the budget, the trillion dollars I'm. For a defense budget cut. You're not going to do that. I'm not so sure how you're going to move things and a massive tax increase, or at least not an extension of a tax cut for the wealthy. We got to talk to the Mass CBO just came out with another report. We'll get into that, although Captain Fennell brings us something quite interesting that everybody, we don't have time for this today, but I commit to you that we will do a couple hours. Captain Fanell. The United States in late 1930s, early 1940s had not just the diplomatic intelligence and cables, which is everything we talk about at Pearl harbor, they also had the Imperial Japanese Fleet intelligence. And that makes everything that happened around Pearl harbor quite interesting. Not time for today, but I commit to you that we'll come back and break it all down in the future because it will like you'll go, what? What did we actually know? Short commercial break Global conflict, President Trump, massive budget deficits, all of it. Next Only in the war or room. If you're a homeowner, you need to listen to this. In today's AI and cyber world, scammers are stealing home titles with more ease than ever. And your equity is the target. Here's how it works. Criminals forge your signature on one document, use a fake notary stamp, pay small fee with your county and boom. Your home title has been transferred out of your name. Then they take out loans using your equity or even sell your property. You won't even know it's happened until you get a collection or foreclosure notice. So let me ask you, when was the last time you personally checked your home title? If you're like me, the answer is never. And that's exactly what scammers are counting on. That's why I trust home title lock. Use promo code steve@hometitlek.com to make sure your title is still in your name. You also get a free title history report plus a free 14 day trial of their million dollar triple lock protection. That's 247 monitoring of your title, urgent alerts to any changes, and if fraud should happen, they'll spend up to $1 million to fix it. Go to hometitle lock.com now. Use promo code Steve. That's hometitle lock.com promo code Steve. Do it today, okay? We're being sponsored by Birch Gold Turbulence. CBO just came out with some additional bad numbers on the bill. We'll get to all that. CBO doesn't, doesn't look at this the correct way because it's a reconciliation bill, which is a gimmick. That's a gimmick. This is why we're doing appropriation process. The whole thing is to make it so confusing that you get tired and said, hey, I gotta go play golf. Or, you know, let's go to the club and have a drink or I gotta go back to work, I can't focus on this anymore. The system is set up to obfuscate, not to make it clearer. How tough is to make a family budget? It's not all that much tougher. If you wanted to suit and just do cash in, cash out, all receipts, tariffs, duties, taxes, corporate taxes, personal taxes, payroll taxes, all cash in and cash out. Let's just do something simple. It's a starter. Because that gap you're going to have to finance, you either going to print money or you got to sell bonds, sell bonds to yourself and trash this currency even more. Artificial intelligence is supposed to be the panacea. I think a wise man once said this, Joe Allen, I don't want to quote myself, but every new technology, if you look in history, the very first thing on every technology, from the time we found fire, the first use of because it's human nature, it's always, how does it help us in war? Right? How does it help us in aggression? What are you seeing at this Eric Schmidt artificial Intelligence conference you've attended for two days? Sir.
- [31:33]
Angela
Yes, Steve, I'm here at the AI Expo for national competitiveness. And that is the key. How do Americans stay competitive in a high stakes, high tech environment, especially in regards to warfare, as you would imagine just given the organizers and the name of the conference. The belief that you hear again and again, again repeated is that AI is essential to America's competitiveness, but also dominance. In regard to China, in regard to Russia, you hear a lot of talk about Ukraine. And as we've discussed many times, Ukraine was a kind of testing ground, a laboratory for many of the technologies we see here. The three that I think are probably the most important are of course, drone technology. I'm looking right now at a drone arena where they're doing drone races. They're pitting Marine pilots against Air Force pilots, against army pilots. And of course, on the battlefield that translates into kamikaze drones, massive death tolls. Another is the AI agent that soldiers will be. They already are, but in the future they will be carrying computers with AI agents that are able to give them real time intelligence or for soldiers that have not yet had the requisite training or may lack knowledge on, say, medical treatment or how many soldiers you know you're going to need in order to take on an enemy they're going to have a kind of AI companion, an AI subordinate that is an expert to tell them what they don't already know. Last but not least, Steve. We got to meet Spot, the Boston Dynamics robot dog. Boston Dynamics has a policy that they will not allow their robotics to be used for aggression. But of course, one of their big contractors is the US Department of Defense. They use the robots to decommission bombs, to scout areas that human soldiers might be in danger in. But as we've seen from videos coming out of China, coming out of Russia, our adversaries have different ideas and plan to use them to carry machine guns and of course, lay waste to the enemy.
- [34:00]
Steve Bannon
But correct me if I'm wrong, all this discussion about the jobs, apocalypse of White Collar, everything. We're talking about the danger, dangers of AI that it may have incredible upside, but you're also looking into potentially to the abyss, particularly how this thing's being rolled out with no controls whatsoever. Mtgs this morning, you know, waking into the fact that the bill's got no stake and come in the middle of this, is it not because they've given us a. They said, oh, we've had a Sputnik moment. And now anybody that stands up and says anything about, hey, we got to think about how we actually control this technology, we're going to lose the arms race to the Chinese, that it's all about the Chinese Communist Party. And the Chinese, the Chinese, if they get to be at all, a lead on artificial intelligence, where people say, we have some sort of lead, that if we are to. If we are to slow this down for any reason, that you're basically putting the central national security of this country in jeopardy. Is that the theme coming out of that, the implied theme, or even the in your face theme coming out of this Eric Schmidt conference? Because, folks, it ain't random that Eric Schmidt's having a conference on artificial intelligence and having it in the heart of the imperial capital during the budget process when people are saying, hey, maybe we cut the defense budget by, you know, $100 billion or so. Joe Allen, thoughts?
- [35:20]
Angela
Well, you know, we've covered Eric Schmidt's comments on this for years now, and Eric Schmidt has been deep in the Department of Defense trying to upgrade the US military, as he says, for the 21st century. When he spoke yesterday, of course he honed in on China's rapid advances, as he describes it, in artificial intelligence. I think the strongest argument to be made there, of course, US is the US Companies are driving this forward. China is just struggling to keep up. But of course, course, if we stop, and I think that this is an argument that has to be taken very seriously. If we stop, China keeps moving ahead, America falls behind. Next thing you know, we are speaking to robots who are speaking back to us in Mandarin. So with Eric Schmidt's arguments, he makes a. He made a very strange argument yesterday, one that I've never heard him put forward before, and it is that one. One of the big dangers of driving forward this AI race is that the first movers are going to have the advantage in any country that feels like they're going to be left behind. Not just by the eyes that we see here from Palantir, from Meta and some of the startups, but the future AI that he envisions, artificial general intelligence in the very near future, and then artificial super intelligence and AI that is smarter than the sum total of human beings. Eric Schmidt says that that is A, happening right now, B, should happen and should be driven forward by US Companies. But C, once that begins to be apparent to our adversaries, they would have every incentive to bomb our data centers to ensure that we didn't end up on top of the cyborg theocracy.
- [37:09]
Steve Bannon
Wow. Folks, take your number two pencil out. Third World war kinetic part coming to a, to a region near you shortly. Joe, I know you got a bounce. You got a big event today and in, in down in Texas. I want to go back to this executive order, the one that you unearth. Are you really drilled down? When Biden signed this executive order back in his regime that talked about the moonshot and we're going to cure cancer, that when you went through it, that entire executive order was have a whole of government movement to make artificial intelligence the central driving force of the United States government and total interconnectivity. Is that correct, sir?
- [37:55]
Angela
You know, Steve, you have to tease apart the two executive orders that we covered. The one, the cancer moonshot, was very aggressive on accelerating genetic technologies ostensibly in order to cure cancer. Although a lot of kind of transhumanist language in it. The second executive order on artificial intelligence, Absolutely. As that was signed and came out, you began to hear mayorkas talking about the use of artificial intelligence in the Department of Defense. A lot of the language in that body, Biden EO was about trying to restrain the negative sides of AI, like racism, sexism and homophobia or economic disparities. But it also talked about incorporating it into the government. I'm sorry to report though, Steve, that under Trump, basically they removed the restrictions that I think were pretty valueless anyway and are now going full bore ahead to especially with Palantir and the merging of digital identities across agencies, the irs, hhs, dhs, that under Trump right now the acceleration of AI is actually going full steam.
- [39:07]
Steve Bannon
This is why we get to in this bill and the big beautiful bill, correct me if I'm wrong, mtg brings up the fact of the states, the 10 years in the states. But even more insidious in this bill is the fact that they've codified into now law that this is going to it's not an executive order anymore. Haven't they taken the parts of that executive order and put it into this big beautiful bill where this is now become the central thing. This is kind of the aspect where Palantir is going to be able to drive off of Sir.
- [39:38]
Angela
Yes. And you know, as you were just mentioning earlier, I think maybe the most insidious part of this is just right in your face that over time states are going to need to regulate AI. They're going to need to have policies to protect citizens from the downsides of this technology. In the big beautiful bill under the Department of Commerce section you have a 10 year moratorium on all states regulating AI. As I say it's this under Trump the acceleration is full board.
- [40:11]
Steve Bannon
But by the way, I'm Mike mentioned if you haven't seen Mountain Head, I think it's on HBO or Netflix, one of these things. If you haven't seen Mountain Head, this two hour movie about this very topic, you should watch it from the guys that made Succession. And I'm not a big content. I don't look at a lot of modern content because I think most of it's crap. This is very important because they have a, I'm gonna give a little disclosure. They have a, they have a major plot twist in the middle where they start to do some things that you in the audience may consider pretty awful. The reason they do it is that they accused their world breaks down into decelerationist and accelerationist. If you're viewed as a decelerationist, which means you're not accelerating the entire all technology, artificial intelligence, everything towards the singularity, towards artificial general intelligence or towards transhumanism. And they're pretty blunt. In this film if you're considered a decelerationist, you're in the chopping block that you don't. You're a problem and you're a problem that's going to be dealt with. Your argument right there about the tenure, about the states and particularly everybody believes in Federalism or states rights. Joe, they're going to laugh in your face. They're sitting there going, we're not going to let the states get in the way. We're in. We're in a battle for the control of the world and therefore the universe as we know it, against the Chinese Communist Party. And we're not going to let, we're not going to let a bunch of, a bunch of MAGA people in Idaho get in the way of that. Sir, your response.
- [41:53]
Angela
You know, that is their interest and they've made it very clear that for them, this is not just another technology. This is the most important technology in the world, leading to, as you just described, world dominance. I think that that ambition and that drive is at the very least anti social. But I would say at its core, the transhumanist and posthumanist aims are anti human entirely. They want to see a world in which everything we knew as human is wiped away or irrevocably augmented by AI, genetic engineering and various other sorts of invasive and non invasive brain computer interfaces. It's an insane worldview. Most of us don't want it. We need the power to. At the very least, you may keep it at the edge of our communities and cities.
- [42:46]
Steve Bannon
You may not want it, bro, but you're gonna get it. Okay, well, we're gonna break this all down. Joe, you're fantastic. Where do people go to get all your content? Only Joe Allen can do this for you. Where do they go?
- [42:57]
Angela
JoeBot XYZ @Joe B, O T X Y Z. And I'll be speaking to the Dallas GOP tonight, along with the adjoining counties about the politics of AI, how to regulate a digital deity.
- [43:13]
Steve Bannon
Only Joe Allen can deliver the heat. Folks, we'd like to sit there and tell you it's all great, but divine providence and God's wisdom chose you to be here in this place and time. You got to accept your responsibility. You're going to accept, ultimately the accountability to you as an individual. Did you stand in the breach when the nation, the republic and humankind needed you? 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, Money GPT, 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, tanks are rolling in down the main borough square. Desperadic shooting, automatic weapons opened up. People were diving for cover. I'm very angry.
- [45:24]
Captain Fennell
Many students were killed.
- [45:34]
Steve Bannon
Shows that the government is totally mad.
- [48:33]
Angela
Foreign.
- [48:41]
Steve Bannon
Amazing video about Tiananmen. And today for us is going to join us just one more time, the two most powerful financial papers in the world, the Financial Times of London talks about sweeping victory for guys that got under 50%. And look at all the happy faces. People in Korea are happy. They're happy. Wall Street Journal, the Murdoch, same thing. Hey, Beijing takes over. People are happy. You know why? Because the business partners of Beijing, let's face facts. You want to, you want to, want to have a hard talk? Let's have a hard talk. Two thirds of the 75% of the capital, the capital in this country, by the way, provided by you, are managed by people that are business partners with them. Farce. Zhu, your, your thoughts? Great video. Your thoughts on all this and particularly the call with Xi, the President Trump's going to have with Xi on, on Friday when President Trump puts out a tweet that says, hey, it's tough to get a deal with these guys. It's going to be a lot tougher. Now they got Korea and Korea just told you they're not going to cut a trade deal. We'll get back to you in July. Sometimes, you know, we'll see you in July. Your thoughts, sir?
- [49:40]
Zhu
Hi, Steve. First I would like to say happy fifth anniversary of nfsc. You are one of the founder of nfsc while Miles is still unjustly returned in mdc. But first of all regarding that deal, of course it's tough to have a deal because XI doesn't want the deal at all. Their goal is to take down America. Their goal is to undermining the democracy and freedom in this country. Of course, you cannot get a deal with them. This is exactly. And also today, as you saw the video, Today is the 36th anniversary for that Tiananmen massacre. I think we are doing the same thing here. The Chinese Communist Party is stalling the deal and also to get more time to prepare for their next attack. Whether it's attack Taiwan, whether it's dumping the bond to sinking the American economy or whether it's delivering another pathogen or virus into this country. That's what they are doing right now. I think you know, back 36 years ago, all the Chinese students in the Tiananmen Square, they are naive, they are young, they trusted the ccp. But what happened to them? They lost their lives because the Chinese Communist Party rolling the tanks and a bullet against unarmed student and citizens. Okay, so this is exactly what happening right now. Now you see what happened in Korea. Chinese Communist Party already waged this war, this unresecreated war for a long time. And just American people need to understand this. We have to take action to decouple from Chinese Communist Party to clean out all the insiders and enablers and cooperators within this country. I think I want to. There is the FBI director Catch Patel last night posted this X. They just arrested one Chinese national basically as a Chinese spy. What? He did, yes, he breathing a very dangerous biological pathogen into this country. This time it's not attacking the people, it is attacking our food supply.
- [51:58]
Steve Bannon
As far as. Hang on, hang on. I want to get to this because what happened in Michigan is emblematic of of one of the problems we got here. Incredible situation up in Michigan. People bringing pathogens into this country. Unbelievable. Chinese Communist Party got to stand up to. Got to stand up to it. Now we're taking a short break. 120 seconds. Jack Posobuk is going to get us. We got Chris Fenton in Hollywood. We got Ava, Roy Forrest, Captain Fennell. We're loaded, packed, got talking about the big beautiful. Bill Johnson just put a phone call into Elon last night. He just told the media. Hey, the guy didn't take the phone call. You're only the speaker of the House. Polypockets step up to the plate, brother. Is now a time of testing. Unbelievable. Short break. Back with Posto in a moment. You missed the IRS tax deadline. You think it's just going to go away? Well, think again. The IRS doesn't mess around and they're applying pressure like we haven't seen in years. So if you haven't filed in a while, even if you can't pay, don't wait and don't face the IRS alone. You need the trusted experts by your side. Tax Network USA Tax Network USA isn't like other tax relief companies. They have an edge, a preferred direct line to the irs. They know which agents to talk to and which ones to avoid. They use smart, aggressive strategies to settle your tax problems quickly and in your favor. Whether you owe $10,000 or $10 million, Tax Network USA has helped resolve over $1 billion in tax debt. And they can help you too. Don't wait on this. It's only going to get worse. Call Tax Network USA right now. It's free. Talk with one of their strategists and put your IRS troubles behind you. Put it behind you today. Call Tax Network USA at 1-800-958-1000, that's 800-958-1000 or visit Tax Network USA tnusa.com Bannon do it today. Do not let this thing get ahead of you. Do it today to provide American made natural supplements without all the artificial nonsense. So unfortunately, as many of you know, a lot of these big corporate supplements will include things like preservatives, artificial ingredients and other additives that really aren't benefiting your health. So that's why we created Sacred 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.
- [55:08]
Captain Fennell
Synthetic vitamin in general.
- [55:10]
Steve Bannon
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