← Bannon`s War Room
Bannon`s War Room
Episode 4573: Cutting The Blob Off From Foreign Money
Episode 4573: Cutting The Blob Off From Foreign Money ...
Loading summary
Transcript110 lines
- [00:00]
White House Press Secretary
Regarding the ongoing situation in Iran. I know there has been a lot of speculation amongst all of you in the media regarding the President's decision making and whether or not the United States will be directly involved. In light of that news, I have a message directly from the President and I quote, based on the fact that there's a substantial chance of negotiations that may or may not take place with Iran in the near future, I will make my decision whether or not to go within the next two weeks. That's a quote directly from the President for all of you today. As for correspondence between the United States and the Iranians, I can confirm that correspondence has continued. As you know, we were engaged with six rounds of negotiations with them in both indirect and direct ways in implementing a peace through strength foreign policy agenda. And with respect to Iran, nobody should be surprised by the President's position that Iran absolutely cannot obtain a nuclear weapon. He's been unequivocally clear about this for decades. Not just as President, not just as a presidential candidate, but also as a private citizen. In fact, I have some quotes for you. In 2011, President Trump said, America's primary goal with Iran must be to destroy its nuclear ambitions. We cannot allow this radical regime to acquire a nuclear weapon that they will either use or hand off to terrorists. In 2015, the President said the problem is that Iran poses an existential threat to Israel, our Middle Eastern allies in the United States. And of course, the President has repeated that in his first term as president and his second term as President as well. That's why he was adamantly opposed to the disastrous Iranian nuclear agreement that was implemented by President Obama. And it's why he has given great latitude and given a lot of effort to achieving a diplomatic solution. But he's been very clear. Iran went for 60 days when he gave them that 60 day warning without coming to the table. On day 61, Israel took action against Iran. And as I just told you from the President directly, he has, he will make a decision within two weeks.
- [02:02]
Political Commentator
When you are in a pivotal moment for a presidency, which I think it.
- [02:06]
Political Analyst
Is fair to call this moment, and the decision of this magnitude arises, what.
- [02:10]
Political Commentator
Do those conversations normally look like? And then compare that to what we.
- [02:14]
White House Press Secretary
Are seeing from this administration.
- [02:16]
Former Government Official
Well, I don't think you should compare this administration to anything else in American history.
- [02:22]
Political Commentator
This collection of jokers and crackpots and crooks.
- [02:26]
Former Government Official
We should not allow the drama of the moment to efface from our minds what we know about this administration. It is vacillating, it is weak.
- [02:34]
Political Commentator
When President Trump says he needs two weeks. That means he's looking for a way.
- [02:37]
Former Government Official
Not to make a decision, not for a way to make a decision that.
- [02:41]
Political Commentator
He enjoys the feeling of power in.
- [02:43]
Former Government Official
His hands, but he flinches from the consequences of responsibility. He staffed his administration with people who shouldn't be in positions of public trust. One obvious move that the Iranians would.
- [02:54]
Political Commentator
Have, for example, if the United States.
- [02:55]
Former Government Official
Struck at them, would be to activate.
- [02:56]
Political Commentator
Terror networks inside the United States and inside America's. What remains of America's networks of all.
- [03:01]
Former Government Official
Allies after Trump's attacks on all the allies.
- [03:05]
Political Commentator
So we've got a now, if you're.
- [03:07]
Former Government Official
Going to defend the country against those, you've got an FBI where they've laid.
- [03:10]
Political Commentator
Off all the counterterrorism professionals headed by jokers.
- [03:14]
Former Government Official
You've got a Department of Homeland Security.
- [03:15]
Political Commentator
That has spent hundreds of millions and.
- [03:18]
Former Government Official
Millions of dollars on a advertising campaign.
- [03:20]
Political Commentator
To say thank you. Trump, again with kind of a play acting director.
- [03:26]
Former Government Official
You've got a Defense Department who's under the leadership that would. No one would put this Defense Department.
- [03:31]
Political Commentator
Under on the way to war.
- [03:33]
Former Government Official
It just doesn't add up. So Trump loves bluster.
- [03:35]
Political Commentator
He loves talk. One other thing that the Israelis need.
- [03:38]
Former Government Official
To keep in mind and my friends.
- [03:39]
Political Commentator
In the pro Israel community need to keep in mind, Trump betrays everyone who.
- [03:44]
Former Government Official
Trusts him, with one exception, and that.
- [03:46]
Political Commentator
Is Vladimir Putin, not Israel.
- [03:48]
Former Government Official
He's betrayed his creditors, he's betrayed his investors, he's betrayed his wives, he's betrayed his children.
- [03:52]
Political Commentator
He will betray you to be wary of putting your trust in him. And Israel's not a very exposed position. It's got. It's begun a war with magnificent success, but it doesn't have an obvious way.
- [04:04]
Former Government Official
To bring the war to a successful conclusion.
- [04:06]
Political Commentator
It was counting on Trump to help them. They must have relied on indications. But this two weeks, two weeks, that's.
- [04:12]
Former Government Official
What Trump does when he's about to fold his cards. As you noted, Fox is pretty heavily in the, you know, go to war with Iran camp. You know, they've been pushing this for a very long time. This they see as an opportunity. And they know that they have Trump's ear. I mean, even though the last election, there was much to be made about the podcast and the Internet. You know, so these online shows that Trump deployed and used, that's not his go to Day to day. The lens through which he sees the world, even still as president is cable news. And Fox News is the main vehicle for that. That's why when he was criticizing Carlson, he said, look, Tell him to get a TV network and then maybe people will listen to what he has to say, because that's still the mindset. And so Fox is all in on this and they are reflective of.
- [04:55]
Political Commentator
But why, why, Angelo?
- [04:56]
Political Analyst
Why are they all in on this?
- [05:00]
Former Government Official
I mean, look, part of it is, is, is, is straight bigotry. I mean, they really, you know, they, they have really spun this narrative like we shouldn't forget about that, that, that Islam is a, is a fundamental problem, that we are in a battle for good and evil. And even though Hegseth has been a little bit sidelined in terms of his day to day involvement in this particular decision, let's not forget that Pete Hegseth, who is very reflective of the Fox News worldview, was somebody that described the great conflict not as one between the United States and China or other great powers, but as between Christianity and Islam. And that we had to go out there and do everything we can, including using our military to put that back in check. So they see this larger geopolitical world through that framework. And that is something that they've been pushing for a very long time. Aside from just having that, that is also part of their foreign policy. They're, they're, you know, they're not, they don't believe that you should democratize other countries. They're just, they're warmongers. They believe in might makes right. And even though they are repeating Trump's line of peace through strength, they actually don't mean peace through strength. They mean strength first and then, you know, have peace because you have nothing left after that. I mean, that's honestly what they're actually saying. And it's core to the Fox News base. It also plays really well on tv. Like, we shouldn't lose the sight of that.
- [06:17]
Political Commentator
No.
- [06:17]
Former Government Official
Rupert Murdoch cut his teeth in the tabloids and one of the big things that he always did was find the most horrible, horrific things that he could tell stories about crimes, violent things, and exaggerate them, but also lay them into a demographic fight. That's part of how he came to be. He sees news through that storytelling perspective. And then you have people like Carlson and Bannon who have their own worldview and a lot of it is hyper nationalist. And we shouldn't be celebrating that in that. Even though they are taking a position here that seems more reasonable, it's coming from a really scary place. It is, it is coming from either straight up bigotry, you know, anti Semitism or a real deep, intense nationalism that is, you know, even if they get to the sort of destination there that seems peaceful. It's because they want to turn their energy internally on what they see as domestic enemies. That's the part that doesn't get sort of carried through here is that they see the real threat not as foreign entities, not of these foreign entanglements, but as you and me as members of the media and as advocates and people that are participating in civic of civic spaces. That's who they see as the real target right now, as enemy number one. So we shouldn't lose sight of why they're advocating for peace. But the net effect of all of this, though, and this I think, I think Senator McCaskill really illustrated this well in the first segment, is that this is the confusion. This is why Trump is on the sidelines. If Bannon and Tucker were either quiet or were in uniform with this idea that he should be bombing Iran, it would have happened already. And because part of how he sees the world is through these stories, he's trying to see how this particular chronicle plays out a little bit, you know, who wins in this narrative for hearts and minds, for audience share. And that's a big part of this, is seeing how the story plays out because he honestly isn't sure there's something grounding him. And now it's just what's going to end up capturing the imagination of his base, of his audience. And where is he going to get the best ratings for himself?
- [08:12]
Political Commentator
This is the primal scream of a dying regime. Pray for our enemies because we're going medieval on these people. You're just not going to 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.
- [08:54]
Political Analyst
War ROOM here's your host, Stephen K. Ban.
- [09:02]
Political Commentator
It's Thursday the 19th of June, the for Lord 2025. Of course, today President Trump talks about a two week delay. We're going to get to all of that, but I want to talk about one of the building blocks I think that everybody in town is talking about. Jack Posobec joins me. Jack, thank you. We're very lucky to get the one and only Hugo Lowell from the Guardian that wrote this, quite frankly, amazing piece about actually the tactics that we're talking about in the lethality of the, of the weapons we want to use. Jack, I want you to jump in here and ask any questions. Hugo, I want to start first off, if the guys or a team in Denver can put up the Guardian article, walk me through, because this was based on, I guess, a report, a bomb damage assessment or some report. Talk to us first. What is the Pentagon report? Who is this group DTRA that carries so much weight? And why did this story have such a big impact around Washington today?
- [10:00]
Defense Analyst
So DTRA is the Defense Threat Reduction Agency. It is the component inside the Defense Department that actually tested and developed the bunker bombs, the bunker buster bombs, the GBU 57s. They developed them, they helped develop them, they helped test them. And when the new admin came in at the start of the year, they kind of gave their assessment of how effective these bombs actually are. And the way DITRA does this is they look at a bunch of underground facilities around the world and they say, again, it's at this depth and at this depth and how far can our regular conventional ordinance penetrate? And the assessment that was basically shown to a number of senior Pentagon officials this January was it doesn't get to the bottom of the 4DAO facility, the critical enrichment, the uranium enrichment facility that the Iranian regime is using. And so it's really important, if you think about why Donald Trump wants to or is considering striking Iran's facilities, because if you cannot take out this critical facility, then what's the point? And that's sort of the discussions that have been going on inside the White House that I know you're aware of, and that we've.
- [11:16]
Political Commentator
These are. This bomb weighs 30,000 pounds, dropped at 30,000ft. But the, the actual TNT explosives of it is not like a mother of all bombs. As far as the explosive capacity. It's really the ability to pierce through steel, to pierce through granite stone, whatever, to a certain depth, correct?
- [11:37]
Defense Analyst
Yeah, I think that's a fair assessment. It's, you know, it's hard in casing, and at the tip it can kind of go through kind of concrete. And then once it, and then its explosion and its shockwaves will reach to a certain depth. And that's the idea.
- [11:47]
Political Commentator
And this means that. And what did the assessment say of how many? Because the headline said, hey, you could drop four or five of these, but you may still need to bring in a tactical nuke. Was that the conclusion of the report?
- [12:00]
Defense Analyst
Well, okay, so I think this is where it gets nuanced. Right. Is what does success entail? Is it you're going to set the program back what, one, two, three years because you want to bury it with a bunch of these bombs and you know, you collapse on tunnels, that's one thing. If you want to totally eliminate the facility all the way down to 300ft, which is even deeper, which is how deep the facility goes, according to Israeli intelligence, then the assessment of Ditra is you would have to drop a nuke down there.
- [12:28]
Political Commentator
You would have to drop a nuke to take it all the way down. The Iranians, the Persians were smart. They built it at this depth. This was built for a reason. Correct. To be able to avoid the west being able to come in and stop it with bombing runs.
- [12:43]
Defense Analyst
Yeah, look, in the 1980s, Israel had a bunch of strikes on an Iraqi enrichment facility. And the Iranians looked at that and said, well, it is obvious that if we are going to do our own enrichment program, it needs to be underground to protect from the threat of aerial attack. And so this is the predicament we find ourselves in now.
- [13:03]
Political Commentator
Jack, any observations or comments before we go to break?
- [13:08]
Political Analyst
Well, it just goes to show you that you know when you're dealing with precision munitions or even these semi guided munitions like the GBU 57s, that it all comes down to battle damage assessment. And even as a junior intel officer when I first joined the service, that you're, you're always trained, that you take a hit and you got to take a look because you never really know, even despite your best estimates, what is going to happen to whatever facility or whatever compound it is that you're striking until you get that second look on it, that second read.
- [13:42]
Political Commentator
Jack, hang on for a second. Hugo, hang on for a second. Want to thank our sponsor for this afternoon, Birch Goldifact. Philip Patrick is going to be joining us. I think we've got Philip Patrick later show. We're packed today. Actually going to go out to the main artificial intelligence conference in the Bay Area. Own Joe Allen. Is there incredible news coming out of artificial intelligence? In fact, I think Elon Musk actually put out a tweet and said, hey, I'm kind of done with politics. That's like picking up a thing called needles on a beach. He's focused on artificial intelligence, I think 100% because he said this is going to come in a tsunami. That's what we're trying to get the audience in front of the tsunami. Birchgold.com Bannon end of the Dollar Empire Front page of the New York Times yesterday. The Chinese are coming to the BRICS and they've got an alternative to the dollar as the prime reserve currency. You get it all free and understand what's going on. The rio reset. The seventh free installment. Birchgold.com Bannon the end of the Dollar Empire the Rio reset all free, all seven installments. Also take your phone out. Text Bannon B A N N O N at 989-898. You get the ultimate guide to investing in gold and precious metals in the age of Trump. Totally free. Make sure you get up to speed. Short break Hugo and Jack on the other side. This July there is a global summit of BRICS nations in Rio de Janeiro. The bloc 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 and 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. That's B A 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 989-898 and do it today.
- [16:28]
Political Analyst
Here's your host, Stephen K. Bannon.
- [16:33]
Political Commentator
Welcome back. Eric Dardy's got a big Twitter following. Puts out breaking. Prime Minister Netanyahu announces Israel does not need help to reach its goals in Iran. He says they can accomplish their goals alone when it comes to Iran's nuclear facilities. Boy, I guess he's watching War Room. Hugo, yesterday you were the pool reporter. Tell our audience. What's a pool reporter? Because you got all these major news organizations hanging around the White House. What is a pool reporter?
- [17:00]
Defense Analyst
So it's a small group of reporters. You have a couple of TV people A couple of radio people and a couple of print people who, because the wider press corps that covers the White House cannot always be around the President. And so the smaller pool, whenever, you know, the President wants to speak to us, will, will stand in the place.
- [17:16]
Political Commentator
For the rest of rotates every day. Right. Different people. And you were one of the print guys for yesterday?
- [17:21]
Defense Analyst
Yeah, I was the secondary print pooler yesterday. And, you know, we got to see the president several times, three times in fact, for pretty prolonged periods. And it was, it was very striking because we saw him in the morning when he was doing his flag pole raising event and then we saw him again in the evening just before he was going into his intelligence briefing in the White House situation Room. And both times he was kind of reluctant to talk about Iran. And having, you know, covered Trump for a while now, my immediate takeaway was this is not a president who wants to go to war immediately. You know, if you kind of read the body language and, you know, it's kind of speculative.
- [17:58]
Political Commentator
Right.
- [17:59]
Defense Analyst
But if you read the body language and if you kind of see how he responded to the questions, he really didn't want to talk about Iran.
- [18:05]
Political Commentator
You've covered Trump, you know Trump pretty well. You've covered him for a number of years. Years, correct?
- [18:09]
Defense Analyst
Yeah, more than four years now. Yeah.
- [18:12]
Political Commentator
Jack Posobic, your thoughts and observations of what was announced today and what does it mean?
- [18:19]
Political Analyst
Well, Steve, we know that there was an intense lobbying effort to push President Trump to make this quick decision. A rush to judgment, a rush to war, many have called it regarding this strike on Fordo. And a lot of people have raised, raised and I think very substantive and good faith questions about various optionality regarding this nuclear program or really the Iranian enrichment program, which should be separated from the IC assessment here, as we've been discussing earlier. And so I think that President Trump in his. He's not going to be manipulated. President Trump is not someone who's going to be pushed into one decision or another. He is his own, own man. He has always been his own man. And on questions of war and peace, he understands that the Iraq war is what destroyed the Bush dynasty. And he was the first man to walk out onto a Republican stage and say to a scion of that Bush dynasty that your brother made a mistake that you did, never apologized for this. And to all those wounded warriors who came home with bits and pieces blown off and scars all over their faces and moms and dads and children that never came home, that these things are deadly serious. And so what look it's like I said this morning, Steve, he's the one who appointed Secretary Besant to work on the economic side of this and appointed Steve Witkoff to work as his special personal envoy to Iran, Russia and potentially even to China. And if there's anyone who can make a deal that interlocks all of those together, well, that'd be the dealmaker in chief, President Donald J. Trump, the man who wrote the Art of the deal.
- [20:04]
Political Commentator
You've covered him for a number of years. You've seen, you've been following this quite intensely. Reporting on this has been kind of second to none. What, how did you take that announcement today? What is your assessment? Because it wasn't totally definitive. You know, he's made, he's looked at a range of alternatives on the military side. You've been there and seen, you know, the Pete Hegses and the Marco Rubios and the John Ratcliffe's. He's got his top national security people in and out all day long. Right. What's your interpretation of this two week delay?
- [20:34]
Defense Analyst
I think, you know, it's a president who wants to make a deal foremost, right? That's always this thing. And more so because the military leadership at the Pentagon is somewhat split. You know, you have two real forces here in the Situation Room. You have kind of the Pete Hegseths and the General and the General Keynes who's the chairman of the Joint Chiefs, who kind of looking at a more restrained package if there is a military involvement. And then you have the General Kurillers of the world who is going to be retiring in two weeks and has been very involved.
- [21:07]
Political Commentator
But hang on, okay, post opie, he came in and walked in. I want to describe to our audience, one of the most powerful institutions in this town is centcom. The difference between guerrilla. This is critical. I want you to repeat that because CENTCOM is a thing in and of itself. Obama tried to pivot to Asia and couldn't do it because of the power of centcom. CENTCOM would be, ladies and gentlemen, Central Command. It is really where the Middle east is. And he's a combatant commander. And right now with the structure, you know, post what Sam Nunn's restructuring. When I was in the service, the chief of naval Operations, the Army Chief of Staff, they were the kingpins. They're really now to build the overall military and to guide it. The combatant commanders are like gods on earth, right? These are warlords. Kurilla is centcom and he is enormously aggressive here, is he not? And you have The Pentagon with really raising Cain and Hegseth that is actually more restrained than the combatant commander. Is that basically a correct assessment?
- [22:05]
Defense Analyst
I would say so. And threaten the other ankle. Right. Two weeks is actually really critical in this conversation because General Currella is set to retire as the chief of centcom in about two and a half weeks. So when you have that thrown into.
- [22:21]
Political Commentator
Play, you don't think that time is coincidental, then.
- [22:24]
Defense Analyst
Maybe it's coincidental, maybe it's not. You know, Trump likes to say two weeks to a lot of things, so you got to bear that in mind. But it is interesting to me that if you think about the window of time that is, that is available now to the Iranians to potentially have a deal or to start negotiating with, with Trump or Wyckoff or whoever, it brings you towards the end of Kurilla's tenure when he's maybe got days left in the job. And I don't know, I have to think that weighs into, you know, Trump's calculus because, you know, the biggest guy pushing to strike Iran is going to be General Kurilla, you know, the guerrilla.
- [23:03]
Political Commentator
Right.
- [23:03]
Defense Analyst
That is his nickname. He's had Iran in his sights for a long time. And, you know, I have to think that that that weighs on the president as well.
- [23:11]
Political Commentator
Jack, your observations.
- [23:14]
Political Analyst
Well, Steve, when you mentioned about centcom is exactly right. And I could say that, as you know, I've talked about here many times that I spent most of my time as a Paycom officer focused on China. That was. That's always been my bailiwick. Spent time there, learned the language. But you get to Washington D.C. and Paycom guys are few and far between. This is a Centcom city. And what I mean by that is Washington D.C. is by and large a one industry town. And a lot of that town started under the Bush years, then it continued under Obama. There's so. And when you say centcom, Steve, what the war room audience. Because of course, war room audience knows you got to follow the money. The money flows from Central Command, which means focus on the Middle East. So that means all the think tank money, all the defense contractor money, all of these issues, of course, is directly tied to the flow of what, the flow of oil. Right. Share Shay Le Petrol. Follow the oil. We were saying the other day because. And don't tell me for a second that there's those Arab Gulf monarchies aren't eyeing up the oil fields right across the Persian Gulf right there, 20% that flows out of the Persian Gulf through the Strait of Hormuz so when you're telling people that we're going to wind down these wars in the Middle east, Suddenly, you know, D.C. being a essentially a one industry town, when so much money flowing to analysts and think tanks and all the rest of it going towards conflict in the Middle east, it's like that's like going to Hollywood and saying you don't want to do movies anymore. It's a one industry town. So you're, you're going at people's lifeblood, you're going at their livelihoods. So that's why this town tried so hard to throw President Trump out the first time that he tried to shut down the Middle east wars and wind down our troop presence in Syria, which he has wound down Afghanistan, of course, at the time, and also Iraq, where we still do maintain a garrison, about 2500 troops. But a lot of this really does come down to the fact that Washington, D.C. the blob, as Mike Benz likes to call it, really does run off of money that originates from centcom.
- [25:16]
Political Commentator
In your, and as you observe this, the outside you talked about the internal pressures. You get Hegseth, you got, you've got the new Raisin Cain, who President Trump thinks the world of. You got Korilla, other forces and intelligence, but the outside forces, particularly the outside forces of Fox News, et cetera. What's your assessment of that? How big a role has this played, you think, in coming to decisions?
- [25:41]
Defense Analyst
It's a good question. I don't know. I frankly think, you know, Steve, you would have a better, better read on it than I would at this point. I think, you know, Trump has had a lot of people in his ear saying a lot of different things. But I come back to the reporting and kind of what we put in the story today, which is everything that we have heard comes down to the fact that Trump still wants to know, if the US Were to go in and bomb some of these enrichment facilities, would it actually take out their capacity to build a nuclear weapon? And I think the, the end game on that is it's kind of unclear. It's a moving scale and a shifting kind of definition of what success is. I mean, if it's, if you're going to set back the enrichment facilities, I don't know, three, five years maybe that's success in some terms. But you kind of also kick the can down the road. On the other hand, like if you, I think it's really tricky and I don't know how much kind of Tucker and people are involved in this.
- [26:42]
Political Analyst
Go ahead Jack, if I could just throw in. You're right, though, in Hugo in the sense that you can end the current facilities, but you're talking about a knowledge base here, scientists, engineers, and it almost be like saying you're going to bomb away Bitcoin. Right. Bitcoin exists as a knowledge base. It's technological and what that's essentially what we're talking about here. So, yes, we know that you could bomb the facility and potentially, if you use these multiple strikes that it would take and maybe attack, you're never going to get rid of the technology completely without regime change, and regime change is the only way they could do that.
- [27:22]
Political Commentator
Well, can you stick around for a part of another do we have Philip Patrick? We're going to figure this out. We, we got Hugo and he's in studio.
- [27:28]
Political Analyst
Other than a deal.
- [27:29]
Political Commentator
Yeah. I want everybody to read this story today because you're going to get a lot smarter. Just two weeks, don't think this thing has gone away. It has. This is as serious as you can get. As you know, I mean, they President Trump, with everything else he's got going on, on Capitol Hill, with, with immigration, with just every aspect of this is spending, you would agree, inordinate amount of time on this because this is and peace.
- [27:55]
Defense Analyst
Hugo, look, he's he's having briefings on this every day now through the weekend and, you know, it comes at a critical time because he's also got the NATO summit next week.
- [28:04]
Political Commentator
NATO summit. We'll have to see how many days he's going to go to NATO short Commercial break we're going to return. Remember, take your phone out. Tax ban and B A N N O N 989898 the Ultimate Guide to Investing in Gold and Precious Metals in Times of Turbulence. I don't know, the Financial Times saying it's pretty good asset. Back in a moment. 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 at home title lock.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 24,7 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 hometitleock.com promo code Steve. Do it today.
- [29:49]
Political Analyst
Here's your host, Stephen K. Bann.
- [29:58]
Guest Host
All right, Dave Bratt sitting in for the great Stephen K. Bannon off on assignment. He'll be back for the five and six shows. Right now, you know, we've abstracted from the economics, the debt, the anemic economic growth level to us by the past administration. President Trump is putting in a lot of great stuff. Hopefully he can negotiate a miracle, put this war issue behind us so we can get back to the economic issues. So we have one of our sponsors that we want you to support. Jillian Barbary is with us. She deals with debt. You know, I ran on debt and we're 37 trillion in debt. She deals with it on the personal level, she's dealt with the depressing consequences of finding yourself building up debt and as an expert in how to get out of it. And so, Gillian, thanks for being with us on the war room. Why don't you share what you have to offer? Maybe your firm is done with debt 100%. Go ahead, Gillian.
- [31:04]
White House Press Secretary
Thanks so much, Dave. You know, I have no problem telling and sharing my story. A lot of people don't talk about their debt. I have no problem because I want people to know there is help out there. Done with debt. For me, it is an amazing place. It's like your psychologist because when you're in debt, your mind is not right. You're thinking always. You're never present. You're thinking, oh my gosh, what's in the mailbox? I don't want to answer the phone. And they're also like your own personal team of accountants. So they'll put you back on track. My story is I sort of had everything at once. So I've become an expert in a field I, I didn't want to be, I didn't want to be in, but I literally had death and taxes and divorce at my door. And so I got breast cancer. I was not prepared I lost my job. I was in television for 37 years. Wonderful career. It can happen. Maybe you put your money with the wrong person, you're trusting the wrong people to do the right thing with your money. Then disease knocks at your door and you're like, oh, I need extra money for that. Then the divorce. I was single mom, raising two kids on my own with no support whatsoever from the ex, no, no nothing. And I was going through cancer. It was hell on earth. And I talked to people about this because there are a lot of people that aren't even in the situation that I was in, but they can't keep up. They say to me daily, it's like, I thought I was there, I was doing okay, and it just crept up on me. And now, oh my gosh, grand behind. So what done with debt will do for you? You essentially go to donewithdat.com you have a free consultation. They you put a plan together, essentially, like I said, their team that will put a plan together to get you ahead. They don't like bankruptcy, they don't like big loan conglomeration. They don't want to go that route. So they put a strategic plan together to get you out from under this debt. And some people walk away with money in their pocket because they haven't been on top of the finances. They didn't know the ins and outs. And these guys, they work with the banking industry, they work with all the credit card industry and they know the ins and the outs. And sometimes they'll just wipe debt out completely. Sometimes they'll do pennies for the dollar. Hey, we don't have this. You can't get blood from a stone. You're going to pound sand or we're going to do it this way. They are tough. They are the best negotiators out there. And it doesn't cost you a lot of money. I mean, it's just one of those things. They'll take the fee out at the end if they get you what you want to get. They're incredible, Dave. And all you have to do is donewithdebt.com but here's the thing, and Steve Bannon and I talk about it all the time. Time is not on your side, right? It's on their side. Penalties are going to add, you're a number and you'll just keep coming up and guess what? Oh, we add more money. So you've got to act now before you pay your next bill. Just go to donewithdet.com and they will help you. That's what they're there for. These are experts, and they will take that stress away overnight. Immediately. For me, Dave, the phone calls, the harassing phone call, stop. And the letters stop. Why? Because these guys are on it. You see, they get out.
- [34:29]
Guest Host
Very good. Outstanding. Now, Jillian, we can hear the empathy. You care about people. You're trying to get them out of a hole. Take action, folks. You know, if you've been just sitting there for months doing nothing, that's not a solution. So get with someone who cares about you. You know, the war room is always on your side. Jillian, God bless you. Thanks for being with us today.
- [34:48]
White House Press Secretary
Thanks so much, Dave. God bless as well. Thank you.
- [34:51]
Guest Host
You bet. Thank you very much. All right, next up, we've got one of my friends from way back. He's got a show called the Economic War Room. I was out visiting him, and Mike Carter is a great colleague out in Dallas. They're well known around the country. Kevin is very, a humble Christian guy, but he was a very prominent financial expert years and years ago, and now he's got a calling and he's got. I'm gonna let him share with you, but he's basically found in the Constitution a mechanism whereby he can make gold legal tender in the states. And he's, he's, he's implemented it in several states. And so, Kevin Freeman, my good friend, welcome to the War room. Why don't you share, folks? And all this is on the back of the Fed, right? I don't know if we'll have time to get into that. But the Fed, you know where I stand on that. And Steve, on this show, the inflation problems we've had. Gold is a mechanism. You always hear about Birch gold on the show, but we're not selling gold here. But this is a mechanism to make gold legal tender in the states. Kevin Freeman, take it away.
- [36:01]
Financial Expert
Yeah, thanks, Dave. It's an idea that's in the Constitution. The founders left us. They told us that a state can make nothing other than gold and silver coin tender for payment of debts. And so we pulled that provision out, we showed it to a number of states, and we said, not only can you make it tender, but you can make it transactional. And so the motive was in Arkansas, Florida, Missouri, Texas, Louisiana, we've passed these laws. I mean, I wrote a book called Pirate Money, and within two years, they had laws passed in those states signed by the Governor Sanders. She gave me the signing pin. Signed by Governor DeSantis. He gave me the signing pin, thanked me for bringing the idea, and then Let me talk at his press conference. Bottom line is this is going to solve the wealth gap problem that's created by when we left the gold standard in 1971. And Dave, you, you and I sat and talked on my show about Since 1971, all the bad things that have happened when we left the gold standard. I mean things household formation, number of babies. Because basically it's created a wealth gap. The rich can get richer off of inflation, they can profit from it. The rest of us just suffer. So if we make gold and silver legal tender in the states like the Constitution allows, we started a movement where people can start transacting in gold and silver and they don't have to take a gold coin and shave off a few flakes of it and try and buy a cup of coffee. It actually can be put and vaulted in a vault and then spent with a debit card. And this legislation will make it possible. So I think the interest in gold is just going to shoot through the roof. A lot of people don't buy gold because what will I do with it? Well, you protect against inflation, inflation. Now with these new laws, all the gold will benefit, all the gold dealers will benefit. It's huge opportunity for Americans.
- [37:52]
Guest Host
Yeah, we got a couple of minutes more. Kevin, why don't you give folks a little of the history of the Fed and why this move is so crucial and why we should likely try to get rid of the Fed in the future because of the damage. Explain the damage that inflation has done to the average American worker.
- [38:12]
Financial Expert
Well, let's just start with a hundred years ago. You could buy a new car for $400. If your great grandfather put aside 20, $20 bills a hundred years ago and left them for you and you opened up the envelope, you could barely buy tires for a used car. But if he put aside 21 ounce gold pieces which were worth $20 a piece then, that would be worth 67, $68,000 now. You could still buy a new car. Gold and silver held their value over time. Just think five years ago. Go back to 2020. Think how inexpensive restaurants were compared to today. But in priced in gold, it's the same deal. House 50 years ago, a house 30 years ago, 20 years ago priced in gold hasn't gone up in cost. In fact, it's gone down. So because we have to hold our money in fiat currency produced by the Federal Reserve, we're forced to to suffer the inflation every year. And at minimum, the Federal Reserve, Jerome Powell tell you if inflation ever goes below 2% will work hard to get it above 2% again, they guarantee you'll lose 2% per year, every year.
- [39:18]
Guest Host
Yes. And I think he announced yesterday the CPI is 3 the target at the Fed. It's insane. Kevin, before, I forgot about a minute left. But give folks, you got a crucial ask. You were humble about you passed this through Florida. DeSantis had a press conference for, for you. This is in play. DeSantis was excited about it. Now, Texas, you got it through the House and the Senate. What's the, what's the ask here for the war room posse? What do you got to get the governor of Texas, Call Governor Abbott and.
- [39:49]
Financial Expert
Tell him to sign this bill. If he doesn't sign it in three days, it becomes law. If he vetoes it, you know, we got to go back to the drawing board. But call him, encourage him. This is good for Texas. It's good for America.
- [39:58]
Guest Host
Right?
- [39:59]
Financial Expert
Call the governor's office and tell him please sign HB 1056. And we know in three days it's the 22nd. It becomes law. If he doesn't sign it, but we want him to sign it.
- [40:10]
Guest Host
You got it. How do people reach you, Kevin?
- [40:13]
Financial Expert
Economicwarroom.com you can sign up and get our free battle plans if you go there. And we'll send you one email a week that tells you what we're doing and what's going on and how to make a difference in your life economically.
- [40:25]
Guest Host
All right. Let's make gold legal tender in all the states. It's a great movement. Thanks for your work on it, Kevin. Thanks for being with us. Going to another one, Kevin, and our friends, David Walsh on energy. He didn't know what I'm going to ask him today. So, David, I would put you on the hot seat. In addition to the China, you know, solar wind monopolies that our intelligence agencies have missed, what are the implications of this war? Right. Just, I mean, I'll just give you a couple of hypotheticals that hopefully do not come to pass. But you go to war, I've heard oil goes up 2x, Straits of Hormuz get blocked by Iran. Oil's up 300% by some estimates. If that happens, what happens to the Trump agenda and in particular the Trump economic agenda? Dave Walsh, thanks for being with us.
- [41:18]
Political Commentator
Well, Dave, thanks for having me. That could happen. Certainly would be a possibility of a protracted conflict. But, but I have to tell you, I think Netanyahu has done a masterful job of eliminating most of the going the forward weapons through the Houthis, Hamas and Hezbollah to actually prevent Iran from, from taking being effective at shutting down Hormuz the straits. But you know, should it happen, yeah, we'd probably have a doubling of the price per barrel. Good news is the Trump administration has proceeded with drill baby drill offshore removing federal permit barriers to that on land, federal lands we've got close to 14 million barrels a day production. So we're back to number one in the world which proves again the necessity of domestic self dependence on oil and gas. And as a major export product we have got to get to use baby use of that gas for creating electric power generation. We've got difficulty here with entire states such as the one I'm in Florida with a $9 billion rate increase with before the ratepayers all about buying 7 billion more of Chinese solar panels and battery storage over the next 74 years. So you know, state by state, red states like this one are way into heavy, heavy dependence on China for the, you know, the proxy state of China being Iran. But heavy dependence on them for electrification which is a big, big problem that's going on in the background of all this. We got to you know, but no there could be an impact. So far we're up 10 bucks a barrel on Brent crude in the last 14 days since June 10th would be a problematic but they're their forward weapons to go ahead and execute on that have been limited severely now. So the shutdown of the hormones rates.
- [43:04]
Guest Host
Good, good. Hey Dave, we're going to bring you back more more analysis on energy costs. Just kind of what if scenarios. If oil went up 2x what would be the implications for the US economy? Energy oils used in about everything we take for granted over over time. But now our intelligence failures are just myriad. Right. The Iran capabilities change within a week. Russia, Ukraine, China intelligence dropped for 30 years according to Brad Thayer back with Dave Walsh in the war room to explore oil energy. And stay tuned for after the break.
- [43:49]
Political Commentator
What if he had the brightest mind in the war room delivering critical financial research every month? Steve Bannon here. War room listeners know Jim Rickards. I love this guy. He's our wise man. A former CIA, Pentagon and White House advisor with an unmatched grasp of geopolitics and capital markets. Jim predicted Trump's electoral College victory exactly 312 to 226, down to the actual number itself. Now he's issuing a dire warning about April 11, a moment that could define Trump's presidency and your financial future. His latest book MoneyGPT, exposes how AI is setting the stage for financial chaos. Bank runs at lightning speeds, algorithm driven crashes, and even threats to national security. Right now, War room members get a free copy of MoneyGPT when they sign up for Strategic Intelligence. This is Jim's flagship financial newsletter, Strategic Intelligence. I read it. You should read it. Time is running out. Go torickards war room dot com. That's all one word. Rickards War Rooms. Rickards with an s. Go now and claim your free book. That's Rickards war room dot com. Do it today.
- [45:02]
Political Analyst
Here's your host, Stephen K. Band.
- [45:07]
Political Commentator
Jack, a very big day. And President Trump, I think, has made a pretty definitive statement in saying two weeks he's got Wyckoff working and the vice president working on some alternatives. He ain't going to be rushed. He's commander in chief and he's going to weigh and measure and take his time and he's not going to be rushed. And I think people out there that have tried to rush him should be ashamed of yourself. Okay? The president is going to take his time. This is a monumental decision about going to war, about putting troops in harm's way. He just heard you go, right? He talked about the, this story this morning is so important, I want everybody to read it about the actual kin, the bomb work. Okay. Then he talked about the strike packages you were putting and you know, and people on tv, on certain networks praying for the pilots. You know, don't sit there and pray for the pilots after you're sitting there with the pom poms saying, we got to go, we got to go. We got to do something. We can't be sitting on beach chairs. Got to go, got to go. Then you see somebody serious like you go, and the serious people at the Pentagon that are working through this, we're not just putting in harm's way the initial pilots and the initial strike packages. You're putting in harm's way. Soldiers, Marines, airmen, sailors that will have to get involved in this conflict after, after that happens. Jack Posobec, your closing thoughts for this afternoon. Show, Sir.
- [46:27]
Political Analyst
STEVE I think President Trump understands measure twice, cut once. He's going to look at all the options available to him and he's going to remember the promises that he made in Michigan, Pennsylvania, Wisconsin, everywhere that he's going to put the interests of this country, the United States of America come first. And world peace is something that he has also been fighting for, whether it be the Middle east, whether it be Europe, whether it be Asia. So he's fighting for peace on all of those fronts. But just because he says he wants that, that doesn't mean that he views someone else's view of peace or how you get an end to a nuclear deal as exactly what you want. And I know, I understand there's people that were looking for one way on this and they were looking to push his hand in one direction. And he still will ultimately make his decision within that two week time frame. But I think that President Trump is showing the entire world that he alone is firmly in control.
- [47:27]
Political Commentator
Amen. And he's going to think this thing through, look at a couple of courses of action, maybe try a couple three things and then come some conclusion about the way forward. Jack Bosovic, thank you so much. Great work on yourself on this project. Where do people go to get your show and to get your social media, Sir?
- [47:48]
Political Analyst
Well, of course human events daily, 2pm Eastern every day, Thought Crime, myself and Charlie Kirk all also runs we're going to be doing it on Friday, today this week because of scheduling. So that'll be up tomorrow. And then of course, we're always right here on the great real America's Voice network. By the way, Steve, it occurs to me that the the two week time frame two weeks from today is just the day before the 4th of July. So two weeks from now is the 4th of July.
- [48:18]
Political Commentator
It's amazing on its on the timing of that providential Jack Vesoba great and Charlie Kirk, the new power player in Washington, D.C. you never know where Charlie's going to turn up in this city in the Imperial capital. We're glad we can get him for a show. Jack, thank you so much. Appreciate you. Great work.
- [48:35]
Political Analyst
God bless. Happy feast of Corpus Christi, by the way.
- [48:39]
Political Commentator
Thank you sir. Anybody wants to keep up to speed with what's doing, stick on Poso's Twitter account. Lot of information there folks. Lots of information. Philip Patrick, I'm going to talk about Taiyib maybe when you come back through the break. But I got to ask you right now with geopolitics, President Trump is there weighing and measuring about actually going to war, Right. Even in the limited, if they decide just a limited strike on the nuclear facilities which can be expanded because the Israelis are talking about regime change. Change. How is that turbulence given everything else is going, given the Ukraine war, what's happening in Taiwan particularly you got the big beautiful bill people over there. Ron Johnson is screaming about the deficits. I mean have you ever seen it seems like things are accelerating, accelerating rate. Have you ever seen the world as turbulent from a capital markets and geopolitical perspective in your entire life, sir? Absolutely not. And, you know, it's painful to say because it sounds like a plug, but what we're seeing play out is the perfect storm for precious metals, right? What drives gold? It's global instability. It's war, it's uncertainty, it's currency devaluation, it's inflation, it's trade wars. I mean, this is the climate for precious metals. The world is heating up. So it's an exciting time to be alive, but it is. It is frightening. And I can say that I'm glad we have a steady hand. President Trump taking his time to make decisions. I know that's what you were pushing for for a long time, and I think it's the smart move at this point because we need to make the decisions and we need to do it right. As Jack said, you measure twice and you cut once. And I hope that's what they're doing because we're playing with fire. Such a brilliant time to bring that up. This is also when you cut to it, ladies and gentlemen, if you think about it, gold, right? Think about precious metals. Why has it been a hedge in times of turbulence for 5,000 years? You're seeing it right now. I mean, isn't that it? Because the world goes through cycles of wars and trade, wars and turbulence. Philip Patrick. And we're just. You're in a fourth turning right now. You happen to be living through one of those. And it ain't going to end next week, sir. It's exactly right. And we're starting to see history repeats itself, right? And we're starting to see those trends over and over again. I always say, look what we've seen Since World War II, relative peace, prosperity, economic boom that is unheard of in human history for that length of time. And I think what we're seeing now is a reversion to the norm, the breaking down of the old system and the creation of a new system. And that's why I say timing right now is so important. The decisions we make today are so important. There are countries around the world looking at our position as global leader. They are vying to take that over. Now is our time. We need to be smart, we need to be fiscally prudent, and we need to make the right decisions. We're a little backed up as we should be. A day of a lot of breaking news. And we want to exclude, explain to you the kind of building blocks, the smart building blocks that you can start to think this through on your own and see the path forward, right? That's why all this over the last week. Not here to waste your time, here to make the best use of your time. We're gonna take a short commercial break. Philip's gonna stick with it. We got, we got, we got them stacked up in the second hour like planes over LaGuardia on a Friday night with a good air traffic control system. Birchgold.com make sure you get up to speed. We're not trying to make you the smartest person at the barbecue, the smartest person in the room or the dinner party. We're trying to give you access to knowledge. So in your own personal life, in your community life, your family life, and most importantly, maybe in your political life, you can help make smart decisions. Birchgold.com Bannon the end of the dollar empire. Not that we want the dollar empire to end, but it may be because of a lot of bad mistakes. The real reset, the brics nations, all of it. Short commercial break Back in the war for the second hour. 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 taxnetwork USA tnusa.com Bannon do it today. Do not let this thing get ahead of you. Do it today.