
Episode 4592: Immigration, AI, And White Collar Job Elimination; Trump Addresses SCOTUS Ruling...
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Steve Bannon
This is the primal scream of a dying regime.
Stephen K. Bannon
Pray for our enemies because we're going.
Steve Bannon
Medieval on these people.
Stephen K. Bannon
You're just not going to get a free shot.
Steve Bannon
All these networks lying about the people.
Stephen K. Bannon
The people have had a belly full of it.
Steve Bannon
I know you don't like hearing that.
Stephen K. Bannon
I know you try to do everything.
Steve Bannon
In the world to stop that, but you're not going to stop it. It's going to happen.
Steve Cortez
And where do people like that go.
Stephen K. Bannon
To share the big lie?
Steve Cortez
MAGA MEDIA I wish in my soul.
Stephen K. Bannon
I wish that any of these people had a conscience.
Steve Bannon
Ask yourself, what is my task and what is my purpose?
Stephen K. Bannon
If that answer is to save my.
Steve Bannon
Country, this country will be saved.
Stephen K. Bannon
War ROOM here's your host, Stephen K. Band. We welcome back. It's Friday the 27th of June, year of 2025. Jim Rickards is with you. I would get as much out of Rickards as possible before we let him go. We've also got Mary Holland. We're going to talk about this vaccine situation. We've got Cortez going to join us about the economy and about debt. But I want, I got to go back and play this thing again. And here's the reason. We don't have the luxury of having our attention diverted from what the issues are in this country. And if you don't think we have burning issues in this country, look at what happened in New York City on Tuesday. You had a radical jihadist, a communist beyond a neo Marxist, come out of nowhere, right, with a ground game. And he's got a good pitch. He kind of takes populism. He's got some radical solutions for it, but he does it upbeat. But the campaign itself was so sophisticated on how it was operated. But also it was a referendum on Netanyahu. It was a big part of Netanyahu was in this. And we got to address this. We have to address it. We don't have the luxury of being diverted to marginal issues. We must focus on the most important issues facing this nation. And if we don't do that, the MAGA movement, while we, President Trump, we have the executive branch like we've never had before. We have the House and the Senate, although not great, but we got them, the country's over. I want everybody to understand that if we don't do it now with this team we have and even some of these imperfect solutions, it's, it's, it's, we're going to lose it. We're going to lose this republic flat on, just absolutely. Look at, look at this thing in New York City. Look at laws. You look at Los Angeles, Chicago. We had three of the greatest cities in the world. And the three most important cities in our nation are essentially run by basically neo confederates. Look at his. Look what he said yesterday on cnn. When Aaron Burnett's kind of sitting there, you know, gaga about how he's not going to operate, he's basically telling the police department they will not work with ICE at all. This guy is tripling down on sanctuary cities. So people have to understand this. I want to play this again because, folks, until we get to the bottom of this and say full stop, we're not doing this anymore. Play this. Play the. Can we play the Brett Bear thing one more time?
Tulsi Gabbard
Tulsi Gabbard testified on Capitol Hill saying that everything had been suspended since 2003 and had not restarted, that the nuclear program had not been restarted by the Iranians. So did something change from end of March until this week? Was the US intel wrong?
Jim Rickards
The intel we got and we shared with the United States was absolutely clear, was absolutely clear that they were working in a secret plan to weaponize the uranium. They were marching very quickly. They would achieve a test device and possibly an initial device within months and certainly less than a year. That was the intel we shared with the United States. I think we have excellent intel in Iran. I think we've proven that. And that is something that we couldn't possibly accept. Whether it would be 6 months or 12 months or 13 months is immaterial. Once they go that route, it's too late. And we will not have a second holocaust, a nuclear holocaust. We already had one in the previous century. The Jewish state is not going to have the holocaust made it on the Jewish people. It's not going to happen. Never again is now, and we have to act now.
Stephen K. Bannon
Okay, you saw from the intel and even saw from MTG and from Chip Roy earlier, they're talking about the bomb damage assessment. The thing is totally obliterated. It's annihilated. They're trying to push now because it's the upsell. You got to get the upsell. The upsell is, oh, there's. There's this material out there and we got to go find it. Well, then go find it. But let's get to the heart of the matter. What he said right there is a bald face lie. Let me repeat this. It's a bald face lie. It's just like the weapons of mass destruction that Jim Rickards talked about earlier in the first hour. Rickards, there's no, there has not been any evidence put forward, none to date, that backs up what he just said there. And I realized they've manipulated this situation, and this is the heart of it. And this is why President Trump's. The overwhelming military hit that he took that President Trump dropped on them. That solves the problem. It's time to totally move on. Now, if they want to bomb Hezbollah, go ahead and bomb Hezbollah. But the reality was they saw the opportunity because they had taken out the air defenses, and they wanted to strike before for regime change.
Steve Cortez
They.
Stephen K. Bannon
They wanted to strike before the air defenses were built back up. And General Corella is getting ready to retire. Rickards, you're the pro in this area. How am I wrong, sir?
Pam Bondi
No. A good defense lawyer would use Netanyahu's own words against him. Look at what exactly what he said to Brett Barrett. He used the term weaponized. Now, I don't expect everyday Americans to be nuclear physicists. I'm not one myself, but I actually do know a lot about it. So you're 60% highly enriched uranium. It's pretty high. But a weapon is kind of 90, 95%. There are further steps to get there, number one. Number two, okay, you got 95% high limited uranium, all right? You're. You're not even halfway there. You've got to weaponize it, you've got to miniaturize it, you've got to test it, you got to put it on a missile, hope the missile works, etc. I'm not saying there was no danger, no threat. But he said, you know, 6 months, 12 months, 13 months, what does it matter? Those are his exact words. When? Well, I'm sorry, if you're trying to pursue diplomacy and avoid war, six months is a long time. And if they're not making any progress in the meantime, they're not doing more. In the meantime, they're poised. Where they're poised, there is a threat, but they're not doing more, which is what Tulsi Gabbard said, and she was right then. There is. There is. It's important, but not urgent. The idea that this had to be done within days is just not true. But I would cite Netanyahu's own words against him, because that's what he said. What? Weaponized is a term of art. There are like 10 steps. They've got two or three. Some of the hard ones. Yeah. But actually, miniaturizing, putting on a warhead, getting a missile that works, all those things, or even when he says device, a device could be the size of a, you know, a house or, you know, a small building. That's a device. That's where North Korea started. That's not deliverable. So I'm not saying there's no danger. I'm saying that it was not imminent.
Stephen K. Bannon
This is my point. Of course it was a danger. And President Trump took the danger out. He stepped up and made a command decision as commander in chief, said, let's just do it. Boom, shot. Shut it down. Okay? It's totally obliterated. Time for the United States to move on. What our quote unquote ally did was a bald face lie. That's why they went after regime change. And it was the MAGA movement backing up President Trump that shut this crap down. Okay? You call that an ally? That's not an ally. And I don't hear all the, all the, all the cheerleading from Tel Aviv, Levin and all this crowd doesn't mean not going to stop us. We're going to shut it all down because, because it's out of control. We could have gotten sucked in to a major word there. I've got to bounce. Jim, you've been amazed. But I got to ask you about this, the lead story in the Financial Times. You said, you're going to make me feel better. Investors flee US Long term bonds in fear of soaring debt. I got Cortez on next. I'm going to ask him. But you said, hey, it's not, it's not what the Financial Times reporting. What is the truth, sir?
Pam Bondi
Right. One of the things I love about the War Room Posse, it's a really smart audience. So they can, they can follow this. So it is the case, according to treasury reports, and they're reliable, that net holdings of long term US treasury securities by foreign institutions, so cyber wealth fund, central banks, etc. Declined in the most recent point. That's a, that's a fact. The Financial Times got that right. But they don't understand why the idea that the debt and debt deficits, of course they matter. But the idea of this fear of debt and deficits and people are fleeing the treasury market is not true. How do I know that? Because look at the auction results. The treasury auctions these securities every week or several times a month by the tens or hundreds of billions of dollars. There's something called the bid to cover ratio. How many bids did you get relative to the amount you're selling? That's very healthy. Interest rates haven't moved. The ten year yield maturity on the ten year treasury is boring. It's been between Four and a quarter and four and a half. It's trending down lately. If there were some flight from the U.S. treasury, that would be skyrocketing, would be 5, 6, 7%. That's not happening. So there are objective facts saying that the Financial Times is wrong about the decline in holdings, but they're wrong about the reasons. Let me tell you what the reason is. And it's actually much more trou. Central banks and sovereign wealth funds are selling US Treasuries to get cash. There's a global dollar shortage. A Treasury is not cash. It's a security denominated in dollars. But it's not dollars. If you need dollars, you got to sell the treasury, get the dollars. They're doing that to prop up their currencies and prop up their banks. So we're kind of on the verge of potentially a global. Well, we are in a global dollar shortage and that could lead to a global monetary crisis. And that's what's going on. So holdings are going down, but they're not going down because people are afraid of the market. They would actually they wish they had more. They're going down because they need cash. And that's disturbing.
Stephen K. Bannon
Jim, where do people go to get your Strategic intelligence? I keep telling folks it's a C suite read for the chairman and CEO. So if you want to know what the big shots are looking at and what they're the information they've got, they got to subscribe to your newsletter where they go, sir.
Pam Bondi
Thanks, Steve. We have a landing page. It's Jim, sorry Rickards war room.com Rickards war room. You go there, you can subscribe to Strategic Intelligence. That's our flagship newsletter. We'll put a lot into it. New issue coming out next week for the month of July and my X handle is EAL Jim Rickards. So and I when I do interviews, etcetera, I put them on that, that feed. So that's where, that's where you can find me.
Stephen K. Bannon
Thank you, brother. Appreciate you, appreciate you taking so much time today and particularly I want to announce since Rickards came on and Josh Hammer and we're talking about the importance of it that the president of these United States is going to be up at 11:30 now with his own press conference from the, from the White House talking about this. So glad that you guys were the opening act for the president. Rickards, good job. Good on you.
Pam Bondi
Thank you.
Stephen K. Bannon
Thank you, sir. We got a lot to get to get to Cortez. Listen, I keep saying and Bibi's thing Double proved it backs it up. His own words. The whole nuclear thing he was talking about is a MacGuffin. It's the device. It's the Maltese Falcon. It's the device in the movie, a device in the story that drives the narrative but is essentially irrelevant to reality. How close did we come until President Trump shut it down of getting dragged into a major Mideast war? At the same time, we have not taken care of business here in the deportations. The courts have tried to stop President Trump. That's why this ruling is so big today. And hey, if people aren't awake to what's happening in L A, Chicago and New York, three of the greatest, most important cities in the world, and the three most important cities in the United States of America, you better wake up because there's a revolution brewing right under your nose. Steve Cortez.
Steve Cortez
Yeah. Amen. And unfortunately, to answer your question, we came perilously close. If we had listened to the globalists, the so called experts in media and government and think tanks and some even within the administration, we would have been in yet another Iraq war. We would have once again made the mistake of listening to Netanyahu, who was catastrophically wrong 20 something years ago and is wrong again today about the threats to the United States. So thankfully, we took very swift but very limited action and realized that our problems, our crises, our big obstacles are not in the Middle east, they're not in the Black Sea, they are right here at home. It's our border that we must be concerned about. And it is Marxist within the United States. To your point, when you have the states, not even just the city, the big cities, but the states of New York, Illinois and California, all essentially right now being run by seditionist Marxists in open rebellion against the United States on the signature issue of the American public of Donald Trump's triumph last November. And we just found out from Pew, by the way, that victory was even more resplendent than we thought. But when you have this kind of open rebellion here, our focus must be here domestically on the United States.
Stephen K. Bannon
The by the way, I'm going a little bit blind here because my clock is, my clock is messed. There we are right there. Thank you, guys. Real quick, before we go to break and we're going to be a little jam. We got, we got to talk about these vaccines for a moment and we got this press conference. But Steve, real quickly, Pritzker, just now you talk about states, Illinois being so important. Pritzker's announced he's running for governor. I think again as a predicate for his presidential campaign and how he's running.
Steve Bannon
As a sanctuary state.
Stephen K. Bannon
Give me 30 seconds on Pritzker and the dangers there.
Steve Cortez
Yeah, Pritzker, like Newsom is going to run. He's doubling and tripling down on these failed policies, so called sanctuary. Of course it's not sanctuary for citizens, not for cops in Illinois, but sanctuary for dangerous illegals and for his radical cronies. But you know what, let them run on this because we're going to cross crush them politically in 2028. Pritzker, Newsom, anyone like him?
Stephen K. Bannon
Steve Cortez, can you hang on for a minute? We're going to go to a break. We've got to talk about vaccines. We've got Cortez here to talk about the economy. President Trump, the president going to be up at 11:30. He's going to give you his ideas on birthright citizenship and these radical Marxist judges that just got bitch slapped by the by the Supreme Court. Birch Gold Take your phone out Bannon 989-898 text and get the ultimate guide to investing in gold and precious metals in the age of Trump. Back in a moment.
Steve Bannon
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Stephen K. Bannon
Here's your host, Stephen K. Bannon. Okay, welcome back. Look, I want to thank everybody. We're on the road. I'm here on assignment for a couple of days. Happened in the middle of the night last night. We're doing a great job in trying to pull this together. Having a few technical difficulties, but that's okay. Also the President of the United States, we understand now, I think he actually may be doing it down in the briefing room. So this should be pretty extraordinary. We are. We understand that the President's going to step up to the podium where they're going to begin this presser about this monumental decision by the Supreme Court. They're going to do it at 11:30 and of course, Real America's Voice and the War Room will go to it live. So we're going to rearrange the schedule here. I want to bring in Mary Holland from Children's Health Defense. Hugethe Maha movement and Bobby Kennedy is kind of on a roll. We haven't had enough time. And this is one of the things I'm so upset about, about this kind of made up war that they try to drag us into in Persia to divert the attention on things that matter. Mary, just give the people kind of a taste of what's going on because the pharmaceutical and the, and the people that hate make America healthy again and President Trump, their heads are blowing up about some of these decisions. We're going to get you guys back here at 5 and get a more detailed understanding of this. But can you just give us a heads up, a headline of what's going on?
Mary Holland
Sure, yeah. So a couple weeks ago, Secretary Kennedy did a clean sweep and got rid of the 17 members of the Advisory Committee on Immunization Practices that serves the CDC and makes vaccine recommendations. He brought in seven much more neutral, more open minded, real scientists. And they met for two days earlier this week and they basically set a really new tone. They said, we're gonna look at the whole schedule. We're not gonna talk about anti vax and pro vax and we're gonna debate things. And so they actually took two votes. One was really excited to exciting to people who've been doing this for a long time. They said that they're not gonna have the mercury containing preservative thimerosal in any flu shots next year. That is major. It's taken 30 years to get there. That wasn't expected on the agenda, but that was fantastic. And then the other vote they took was for an RSV vaccine for babies. It's one that has a lot more issues with it. But they did approve that by a 5 to 2 vote. They approved the thimerosal decision by a 6 to 1 vote. But it's a new era, Steve. The important thing is that I think they're going to look at the whole schedule. They're going to look at things like the birth dose of the hepatitis B vaccine. They're going to look at the timing of the measles, mumps, rubella shot. So those are things that are really significant. It's a new era.
Stephen K. Bannon
Let me go back to the mercury. I want to go back to that issue briefly in the vote. Isn't this what Big Pharma feared that Bobby Kennedy was bringing? And because this is so central, because it speaks to many more issues about this entire thing. And in this, in this, what he got grilled in this, what he got grilled on at the, at the confirmation hearing. So did we do a bait and switch on Big Pharma to kind of chop block them, ma' am?
Mary Holland
Well, Bobby has said that he did not ever make the representation that he would not change people at a cip. He said that he would continue it. So I think Senator Cassidy, you know, who is the last confirmation vote, tried to get this meeting postponed. He put out a post on Monday. But Bobby Kennedy is full speed ahead. But this is what Bobby's committed to doing. Steve is using real science. Mercury should not be in babies shots. Let's be really clear. Mercury is absolutely a known poison. It should not be in the shots. And it's a fantastic development that that is finally now going to end. It was not in lots of shots, but it was in seasonal flu shots and multi dose vials. So that's now going to change for this upcoming season, which is a major, major change.
Stephen K. Bannon
What is Cassidy's problem? You know, he comes from one of the reddest states. He comes from one of the states that's most maga. He seems to me, and look, like I said, this is not my line of country. I depend upon Bobby Kennedy and you guys and you know, Dr. Malone and people like that. But it seems like he's particularly trying to be the enforcer here for Big Pharma. Am I missing that or is it looks like that's what he's doing.
Steve Cortez
You're not missing that.
Mary Holland
You're not missing that. I mean he is a conventional doctor and he has used vaccines and I think he genuinely believes in the CDC and believes in vaccines. But he is absolutely the voice of the pharmaceutical industry in this, in this situation right now.
Stephen K. Bannon
Mary Holland, where do people go to get more information about all this. And we're going to get you back up in the five to seven hour today because people want to drill down this a lot more. I've got more calls about this than probably anything going on during the. During the 12 Day War, Ma' am. Where they go?
Mary Holland
So our website is children's health defense.org but on X we are children's HD. Please follow us.
Stephen K. Bannon
We will send everybody over there. Thank you, ma' am. See you this afternoon.
Mary Holland
Thanks, Steve.
Stephen K. Bannon
Cortez. We're going to use you as the opening for President Trump's 11:30 press conference. And normally they run a few minutes late, so hopefully roll over. But the central argument you've had here for a while is that the economy is everything and making everything else in MAGA fit together. Right. Can you walk us through your thinking of this, because you got some charts to back it up?
Steve Cortez
Absolutely. And by the way, to prove my point, I would use the Memdani win in New York. Not that we agree with him on any solutions, but he was correct to determine that affordability was the focus of the voters of New York City. And you combine affordability with a charismatic outlook, and guess what? You can win elections now. We're gonna win them from the popul right, and we're gonna take down that Marxist populist left mentality. But nonetheless, he's onto something there. And to tie this in to immigration, by the way, which is key. And President Trump, I believe, is gonna talk about birthright citizenship and this terrific win at the Supreme Court. Immigration is not just a national security issue, not just a moral imperative for us to get control of this country, but also very, very critical for the economy for a lot of reasons. But one of them is that AI okay, And you covered this better than anybody. AI has built tre potential and severe risks for our society. But AI is already compelling very significant job losses, particularly in white collar sectors. So this is no time for the United States to be importing workers, whether legally or illegally, from all over the world. As a matter of fact, we may soon have the opposite problem of too many workers, given what's going on with AI. So I'd like to show some charts here to prove my point. And a lot of folks on the right, unfortunately, a lot of folks who call themselves conservatives, are pretty openly advocating for more legal immigration in this country, claiming that we need more workers. I think the evidence shows the opposite. But if we can start with chart one, let's start with some good news about the labor market. And this is happening because of President Trump, this is real wages, okay? That is real personal income, meaning adjusted for inflation, that chart is year to date. If you see that wonderful trend since February, it is from the lower left to the upper right, real wages are growing again. They're exploding in the way they did during Trump's first term, of course, under Joe Biden. For Basically all of 20, 21 and 20 real wages crashed. Americans worked harder to get poorer. Thankfully, we now have the opposite happening. And those people who do have jobs or who are keeping their jobs, they're getting paid more. One way to help that is to not flood the market with illegal or foreign workers. If we go to Chart 2, let's get to some bad news though about the labor market. This is jobless claims and this is a four week rolling average. As you can see from this chart. Unfortunately, jobless claims are at a high right now. We are at the highs of the year. That chart goes back for one year. So there are reasons to be concerned overall about the labor market right now. Now, where does this concern come from? Because we know President Trump's doing the right things. We're glad that real wages are galloping well. If you go to chart number three, we learn that the main culprit is AI. And this is a headline from NBC News telling us that Amazon, and I'm no fan of Amazon in terms of their corporate cultural Marxism and don't like Bezos, but Amazon has been a jobs machine for 25 years in this country, adding thousands and thousands of jobs at an incredibly reg clip. Amazon is now cutting jobs and explicitly told the market and investors this is because of AI. We simply don't need as many people. If we go to the next chart, chart four, let me show you. Numerically looking at that is Amazon's workforce. And that chart goes back 15 years. So back in 2009 they had only about 24,000 employees that got up to a peak in 2021 of over 1.6 million employees. That's globally, not just us, all over the world. But since then, you can see that trend is reversing and it's now going the other way. Amazon is able to do a lot more with fewer people and that downtrend now in total employees is going to accelerate. Now let's look at Last chart, chart 5. And this is the broad economy to show you, I'm not just talking about Amazon. This is the overall economy. And this is a chart from the Wall Street Journal. It was an article that I encourage people to read. The Incredible Shrinking Company is the name of the article. And these are white collar workers, white collar jobs since 2000. And look particularly at the bottom of that chart among executive and managerial white collar workers. We are in a pronounced downtrend right now where white collar jobs are disappearing. So to bring this back to the macro, Steve, what I would tell you is with AI accelerating aggressively right now with white collar jobs being cut significantly, this of all times is a time to restrict the labor market of the United States, meaning the flow of foreign laborers, whether legal or illegal, to this country. And those people who are out there, and some of them happen to be my friends, some of them agree with us on a lot of issues politically. But those folks who are out there who are holding conferences right now in Washington, D.C. who are pushing a Koch brothers agenda, that we need millions more workers, in fact, the data and evidence tell us that the exact opposite is true, that American citizens may soon be in trouble.
Stephen K. Bannon
Yeah, no, Steve Moore and the guys, look, we're close to those guys. They're friends, but they've been doing these seminars online saying we need more immigrant workers right now. Nothing could be further from the truth. By the way, Microsoft and Intel. Microsoft let go 10,000 people the other day. Intel 20,000 people. Both of them said it was about artificial intelligence. Cortez, hang around for a few minutes. We'll see if this thing starts on time or if it's late. We'll give some pregame. The president is going to, I think they're going to do it in the briefing room. And suppose it's the President of the United States calling for the press conference, the press availability. As you know, this is when he's at his best. He absolutely ran a master class. And in the Netherlands you could play that one over and over again and not get it enough. When he says, hey, I'm calling on the beauties today, right? All those tough questions. President States is up next. Birch Gold, take your phone out. Times of turbulence. I'm going to talk about this article in the Financial Times in more depth this afternoon. Investors flee US Long term bonds in fear of soaring debt. When you got a tough time selling your 20s and 30s. The market's telling something. They're telling Japan that right now. Birchgold.com Bannon the end of the Dollar empire. All free installments. The real reset. All seven installments free. Plus take your phone out and text Bannon. B A N N O N 989898 the Ultimate Guide to Invest in Gold and Precious Metals in the Age of Trump.
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Stephen K. Bannon
Do it today. Here's your host, Stephen K. Band okay, we are waiting the President United States to come down to the briefing room, the press briefing room, which is really kind of almost right below the Oval Office or very close to it, right? I guess it's right below the Cabinet Room. I have my geospatial mine, right? I think that's correct. It's right. It's right there. They're right on top of each other. West Wing is very tiny, very small. Steve Cortez, this about the 14th amendment, birthright citizenship, a major ruling today about these radical judges, the judicial insurrection against President Trump's agenda. And this I keep telling people we must focus on this now. This has to be 150% of our focus Americas. We cannot go wandering around the Middle east looking for another war no matter what. We have to focus. We have to focus on this. Now. President is going to talk about the 14th amendment. Why is this important? You know, you sow the wind, you reap the whirlwind and you're seeing this now in New York City on Tuesday and you got all kind of people hitting the panic button. This has been a long time in building and President Trump has sound the warnings on this. Steve Cortez, the war room posse, the war room, Steve Bannon, Steve Miller, many other people. How important is this situation in New York City is tied to what President Trump's just about to talk about on the 14th Amendment?
Steve Cortez
No, absolutely it is. And the situation in New York is yet another reminder that unfortunately the poorest border situation, really open border, of course, during Biden, but for decades a poorest border pro mass migration agenda has materially changed the United States and for the worse. I mean, think of how much better better off this country would be, for example, if we had not welcomed in people like George Soros and Ilhan Omar and now it looks like soon to be Mayor Mamdani in New York City, how much better as a country we would be if those folks were not welcomed by the leftists and globalists into this land. Now look, I think we need an overall pause on legal immigration. Zero illegal. And I think we need a pause on legal immigration. But I think even people who are for orderly vetted legal immigration this country need to come to terms with only allowing people in who love this country, who share our values, who will be true contributors in every sense, not just economically, but that's important. But in every sense to this country. We have not been demanding of our migrants in recent decades. And because of that, we haven't done immigration very well. A century ago, when we were last at these kinds of levels of migration, in terms of percentages of the United States were all time highs now, but the last time we were near this level, we were incredibly demanding of migrants. We promised them nothing. We demanded assimilation. And we were frankly pretty brutal, which is one reason why a lot of them didn't make it. A lot of them decided to go back that was appropriate. We have an entirely different construct in recent decades that we need to now reckon with. And birthright citizenship is certainly part of it now it appears. I mean, this ruling of course is just out. I didn't have a chance to read the whole thing. It appears that it's very narrowly tailored to that issue, but much broader about trying to prohibit these ridiculous nationwide injunctions. And that might be an even bigger issue. As important as birthright citizenship is, if we can stop these injunction edicts from these judges acting like tyrants and kings, that might be even more beneficial for the United States. But we know for a fact that birthright citizenship has been systemically abused in the United States. We know that the founders did not intend it as it has been interpreted in recent decades. And so hopefully we're on our way to quickly reversing this. And that will be part of a broader sovereignty pitch that is so necessary for so many reasons. Again, for national security, for street safety, for the cohesion and consensus of the United States around American values. And then as I was talking about previously, for the economy, because again, what AI is already doing, even in just these early stages of automation and AI, what we are already seeing are significant job losses. And you know what? The job losses are now concentrated not among blue collar people, but among executive types, among white collar positions, accountants, encoders and attorneys being replaced by machines. That is not an environment where we want to invite in millions of foreign workers to compete against Americans in the job market. As a matter of fact, it is quite the opposite when we should be extra stringent upon protecting the laborers of this country for many reasons, but a lot of them being economic. Let me also mention this regarding the job market, Steve. You know, we just got past graduation season here in the United States. Anybody who knows young people knows how bad this Job market is for them. They are in the worst position of all because those entry level positions, white collar, entry level positions, are the first places that are being automated by most of these gigantic firms. So even young people who are finishing with graduate degrees or bachelor's degrees, even with good degrees, you know, ones that you think are useful from reputational schools or solidly reputational schools, they are really struggling. They're moving home, they're being baristas, they're working in retail because they can't get the jobs they thought they were going to get. And we see that reflected through the macro data. That's not just anecdote, if you happen to know young people in your life. But those, those, those forces only add to the imperative that we must get control of this immigration system in the United States. President Trump is doing that. He's already gotten operational control of the border, did that within weeks, which is just a magnificent win. Now we need to amplify and accelerate the deportations and birthright citizenship. All of this, of course, fighting against the tyrannical judiciary. But it appears today is a really, really good win regarding the courts for our side. So let's celebrate that. Let's also be happy, by the way, that these rulings are coming down, down six, three. So we are not losing Amy Coney Barrett or Chief Justice Roberts, who have been, you know, at best, squishy on a lot of these issues. They're starting to come down on our side. They did last week in the Tennessee decision about protecting children from child mutilation. They're now coming down on our side on things like these national injunctions and birthright citizenship. So, thankfully, the momentum, I think, you know, is turning our way. But let's keep pressing these, these issues are absolutely critical to saving our country. And yes, to your bigger point, Steve, I think it should only reinforce in all of us the resolve that our problems are here.
Jim Rickards
All right?
Steve Cortez
We had an open border for four years. We have Marxists who are in open sedition against the United States in major power centers of America, particularly New York, Illinois and California. The battles are here in the United States, not in the Middle East. Not in the Black Sea.
Stephen K. Bannon
No, not in Ukraine and not in the Middle east and not in Persia. We don't have time to divert our attention. Our country is at stake right now. I mean, this ruling today was to try to tamp down these radical judges about these nationwide injunctions. But, hey, the Supreme Court ruled the other day about sending the bad hombres where President Trump is commander in chief wants to send them. You've had a judge in Massachusetts say, hey, I don't care. It's not going to change me. And you got these judges in Maryland. We're going to jump to the briefing room as soon as the President or Caroline or any of the officials walk out to, to start this. Cortez. One thing I want to leave people with is this in New York City, what this guy did, look, he's, this is the Red Green Alliance. You're having a neo Marxist, a guy that actually says he's a communist. Right. Combined with radical jihad, his father's jihadists. As Rahim said, he's one of the most radical, called the Twelvers, one of the most radical schools of Islam. But he put on a happy face. And I said, I gave him NBC News a quote last night that said he kind of took the populist agenda, something that AOC and Bernie Sanders have not stick the landing yet. Right. He kind of took a populist agenda and put. And tied it directly to affordability, which played to what the biggest concerns of these young people, kind of under 30. He put a happy face on it. You know, he's a former rapper. He put in. This guy's very well trained. Anybody think this was not, this guy was not groomed for this or misconduct in the point. He went tick tock and did all this up his, his solution. He has no experience and his solutions are absolutely absurd. That's also actually not the point because we've imported in this new electorate and he tapped into that this is going to be a major issue and the Republicans got to wake up. I have said this affordability issue speaks to young people and it actually speaks to everybody, but particularly people under 40 years old. Old Steve Cortez.
Steve Cortez
Yes. And by the way, I find this in all of my polling and I just did extensive national polling, and the affordability issue is front and center on people's minds. And let me tell you, people give incredibly high marks to Donald Trump on immigration. We're now reaching levels and I took these polls right after the LA riots. So not only did it turn people against Trump, but the opposite. It actually steeled the resolve of the American people to get control of our streets and control of our sovereignty. And we're now seeing super majorities in favor of mass deportations. We're getting into the 60s and depending how you frame the question, and if you add a criminal element, you're even getting to the 70s on that issue where there are vulnerabilities right now for Republicans In Washington, overall, White House, Congress, everywhere is the affordability issue because voters are increasingly starting to blame current leadership in Washington D.C. for their affordability problems. Now, I think logically the blame still belongs largely with Biden nomics, but nevertheless, people are not always purely logical. And the reality is, and I think decision makers need to know this, not enough do in Washington D.C. the reality is regular Americans have been in a recession. They cannot afford their lives. That's simply the reality. That is what Bidenomics did to them. It stole away their prosperity through declining real wages. Americans working harder to get poorer. In addition to that, the savings are gone. The really artificial, inflated savings of the COVID panic, they are now gone. So for regular people, they face a real, real economic predicament. And that is expressed through the polling. It's also expressed through elections like last night. Now, again, they're turning for the exact wrong answers to this foreign Muslim Marxist. However, that cretin, he did correctly identify the angst and address the problem with the wrong answers, but he at least addressed it, which is an affordability crisis. So, and by the way, one of the ways, there's a lot of policy prescriptions for how do we solve this? How do we, from the populist right solve this? But one of the way is again, immigration control. Why? Well, because not only will it mean real wages will continue to rise and they are rising under Donald Trump. That's huge. But also the affordability of housing rents and mortgages that are just simply too high or unattainable. If we remove this ridiculous created demand of millions and millions of invaders trespassing into our country, housing is going to get far more affordable for American citizens. So that alone would have enormous benefits, would increase the prosperity of Americans, make their standards of living feel better, allow them to breathe a little bit easier. You know, you combine that with energy policy where Donald Trump's doing a great job, and we're seeing the results of it, right? With oil prices coming down, summer gas prices is the lowest they've been now in three years. So you're seeing the results there. You combine immigration control with other sensible economic policies, like a pro energy revolution ending the green scam. All of this can work. I mean, we have solutions and we can get out of this corner. But we need to realize that because of Biden, we are in a corner right, right now and that regular people are hurting and their concerns are valid. Mandani addressed those concerns with his Marxist worldview that we reject. Of course, this is somebody who hates America, who never should have been allowed into this country, certainly shouldn't be an American citizen. But nonetheless, he's sharp enough, or the people around him are sharp enough to identify the source of the angst and to try to, to address it. And we on the populist right can always learn lessons from our opponents when they do things well. We can learn lessons from them and then apply them with our America loving construct rather than their neo Marxist, neo seditionist construct.
Stephen K. Bannon
Well, he took populism, he realized AOC and these guys, by the way, we ought to be ready, we ought to skip the break here for Denver because the president could walk out at any time. We don't want to miss that. President worked up on this 14th amendment and very positive ruling as far as these radical judges trying to, trying to stop him. So we're going to try to skip the break if technically we can still do it. Okay, fine. We'll just go all the way to the end of the show. Let's do a reset right here. The President of the United States is going to come out in a moment in the briefing room. And it's quite interesting. You know, he had an event yesterday, Steve, that I love because he had blue collar America. He had working Americans, kind of the backbone of the MAGA movement in back of him in the East Room. And he had some of his officials, he had Scott Bessant, the Secretary treasury, he had Russ Vogt, he had, I think Lutnick was there. He had some people. But the big beautiful bill that really kind of kicked off, it's supposed to be the voting yesterday. And I think real America's voice is the only one that covered its top. Fox I don't think did it. Of course, the other networks didn't do it. They block him out. But man, when he comes down on the Supreme Court, MSNBC and CNN are right there, right? They are so freaked out about President Trump's power to communicate to people about how radical these, how radical these judges are. Steve, talk to me about this ruling, although it didn't get to the 14th amendment. I'm sure President Trump's going to put that in perspective for us here in a few minutes from the briefing room. But it did talk about, as you said, almost something that may be almost as important as that today, and that is these district judges. And I think the cases now, I think we're up to 190 cases where they shop for these judges in the Bay Area and places like Boston and Rhode Island. These guys drop an injunction that shuts down everything President Trump's trying to do on all the key things of his Article 2 power. Sir.
Steve Cortez
Yeah, listen. We cannot have a functioning republic if we effectively have hundreds of self appointed co presidents, unelected, elected, tenured for life, who believe that they have the power to veto any decision of the elected President of the United States. There's nothing American about that. It's not in any sense logical, it's not consistent with precedent. And this has to be shut down. And a lot of us are obviously very annoyed that it hasn't already been shut down because I think Chief Justice Roberts could have done a lot unilaterally to end this nonsense. But it seems that today is a significant step toward exactly that, that goal of shutting it down. Let me give you one quote, by the way, from the and again, I haven't had time yet to read the whole opinion, but Amy Coney Barrett wrote this again, somebody who's disappointed us quite a bit but lately seems to be finding her judicial spine. This is what she writes. And this is unusual, very, to say the least, in a Supreme Court majority opinion to take on another justice by name.
Stephen K. Bannon
Steve, hang over a second. We're going to cut to the briefing. The President of the United States has walked out. We're going to turn it over to the President.
Tulsi Gabbard
Well, this was a big one, wasn't it? This was a big decision, an amazing decision, one that we're very happy about this morning. The Supreme Court has delivered a monumental victory for the Constitution, the separation of powers and the rule of law. In striking down the excessive use of nationwide injunctions to interfere with the normal functioning of the executive branch, the Supreme Court has stopped the presidency itself. That's what they've done. And really it's been, it's been an amazing period of time. This last hour. There are people elated all over the country. I've seen such, such happiness and spirit. Sometimes you don't see that. But this case is, is very important. I was elected on a historic mandate. But in recent months we've seen a handful of radical left judges effectively try to overrule the rightful powers of the President to stop the American people from getting the policies that they voted for in record numbers. It was a grave threat to democracy, frankly. And instead of merely ruling on the immediate cases before them, these judges, judges have attempted to dictate the law for the entire nation. In practice, this meant that if any one of the nearly 700 federal judges disagreed with the policy of a duly elected president of the United States, he or she could block that policy from going into effect or at least delay it for many years, tie it up in the court system. This was a colossal abuse of power which never occurred in, in American history prior to recent decades. And we've been hit with more nationwide injunctions than were issued in the entire 20th century together. Think of it. More than the entire 20th century. Me, I'm grateful to the Supreme Court for stepping in and solving this very, very big and complex problem. And they've made it very simple. I want to thank Justin Barrett, who wrote the opinion brilliantly, as well as Chief Justice Roberts and Justices Alito, Gorsuch, Kavanaugh and Thomas. Great people. Thanks for this decision. And thanks to this decision, we can now promptly file to proceed with numerous policies that have been wrongly enjoined on a nationwide basis. And some of the cases we're talking about about would be ending birthright citizenship, which now comes to the fore. That was meant for the babies of slaves. It wasn't meant for people trying to scam the system and come into the country on a vacation. This was, in fact, it was the same date, the exact same date, the end of the Civil War. It was meant for the babies of slaves. And it's so clean and so obvious. But this lets us go there and finally win that case because hundreds, hundreds of thousands of people are pouring into our country under birthright citizenship. And it wasn't meant for that reason. It was meant for the babies of slaves. So thanks to this decision, we can now promptly file to proceed with these numerous policies and those that have been wrongly enjoined on a nationwide basis, including birthright citizenship, ending sanctuary city funding, suspending refugees, refugee resettlement, freezing unnecessary funding, stopping federal taxpayers from paying for transgender surgeries, and numerous other priorities of the American people. We have so many of them. I have a whole list. I'm not going to bore you, and I'm going to have Pam get up and say a few words, but there's really. She could talk as long as she wants because this is a very important decision. This is a decision that covers a tremendous amount of territory. But I want to just thank again the Supreme Court for this ruling. It's a giant. It's a giant. And they should be very proud and our country should be very proud of the Supreme Court today. And with that, I'd like you to listen to the words of Pam Bondi. She's an incredible Attorney General. We're very proud of her. And as you know, Todd Blanch is with us, and we have so many others that worked on this case and other cases, and I think they're doing a great job. Pam, please say a few words.
Todd Blanche
Thank you, President Trump. Thank you for fighting for all Americans. Americans are finally getting what they voted for. No longer will we have rogue judges striking down President Trump's policies across the entire nation. No longer. Today, in the 6, 3 opinion, Justice Barrett correctly holds that the district court lacks authority to enter nationwide or universal injunctions. These lawless injunctions gave relief to everyone in the world instead of the parties before the court. As the Supreme Court held today, they turned district courts into the Imperial Judicial Judiciary. Active liberal justices, judges have used these injunctions to block virtually all of President Trump's policies. To put this in perspective, there are 94 federal judicial districts. Five of those districts throughout this country held 35 of the nationwide injunctions. Think about that. 94 district districts and 35 out of the 40 opinions with nationwide injunctions came from five liberal districts in this country. No longer. No longer. These injunctions have blocked our policies. From tariffs to military readiness, to immigration, to foreign affairs, fraud, abuse and many other issues. The judges have tried to seize the executive branches power and they cannot do that. No longer. No longer. And on immigration, on a side Note, today marks 2,711 arrest on these terrorists and these gangs. Total arrest today with HSI investigations. And thank you, Stephen Miller. Thank you to Homeland Security. Thank you to everyone working hand in hand with the FBI on all of these transnational gangs. TDA has been a huge terror to our country as well as MS.13 as well as Sinaloa cartels. No longer. No longer. These injunctions have allowed district court judges to be emperors. They vetoed all of President Trump's power and they cannot do that. This has been a bipartisan problem that has lasted five presidential terms, five different presidents, and it has ended today. We will continue to fight for President Trump's policies. I want to thank the office of White House Counsel, Dave Warrington. You and your staff have been incredible. Our Solicitor General's office, John Sauer, Sarah Harris and Todd Blanche and Emil Bovey. Todd's going to say a few words because we've had another major ruling today on transgender books and some other great wins that we've had. But no longer will they have this power in our country. It is the President's authority under his executive branch to do everything to fight for the American people. And he will continue to do that. That's why he was overwhelmingly elected. Thank you.
Stephen Miller
Thank you. Today's a great day for the rule of law. It's a great day for the Justice Department. And it's one that's been a long time coming and one that every American should have been waiting for with bated breath. And so I echo what the president said and Attorney General Bondi that the Supreme Court did a great thing today, not only for this administration, but for every American in this country. If not for the injunctions case, we would be here talking about an another great decision that came down today, the trans books case, which restores parents rights to decide their child's education. Seems like a basic idea, but it took the Supreme Court to set the record state and we thank them for that. Now, that ruling allows parents to opt out of dangerous trans ideology and make the decisions for their children that they believe is correct. And so we thank the Supreme Court for that. There's been multiple decisions over the the past several weeks that just show why this injunction, why this nationwide injunction ban had to happen. For example, what I mean by that is local district court judges issuing decisions that are clearly contrary to law just because they don't like the policy of President Trump. And when it gets to the Supreme Court, the Supreme Court has to correct it. But that takes time. The Attorney General thanked our lawyers and I'll do it again in our Lawyers are working 24 hours a day, seven days a week to fight these injunctions and to emergency appeals, emergency stays going back to the district court judge, asking them to change their view. And so their hard work is really paying off today. But over the past few weeks, we had a stay of an order that prevented DHS from moving aliens to a third country. We had a stay of an order that stopped the Department of Defense from implementing military arrest, the EO that President Trump signed. We had another stay of an order forcing reinstatement of fired executive branch employees entirely within the President and Article 2, his right to do. We had a stay of, as you all know, of numerous DOGE cases. And again, every one of those stays requires a tremendous amount of work and effort by the lawyers and parties involved. And they should be doing other work. They should be doing the work that, that the president and this administration demands and has a right to demand and not fighting these local judges who don't, don't make decisions based on the law. They make decisions because they just simply don't agree with the administration's decision about a policy. And that's wrong. Thank you.
Tulsi Gabbard
Any questions? Yes, for Pam, please go ahead. Sure.
Todd Blanche
Thank you, Madam Attorney General.
Mary Holland
So as you know, the Supreme Court did not rule on the underlying constitutionality.
Todd Blanche
Of the President's birthright citizenship order.
Mary Holland
So what is the plan now?
Todd Blanche
Are you going to try to implement.
Mary Holland
The EO just in states where there isn't a legal challenge?
Todd Blanche
Yes. So birthright citizenship will be decided in October in the next session by the Supreme Court unless it comes to down in the next few minutes. I guess it could come down. They're still, I think they're still deliberating right now on some cases. As you heard, we just got transgender books, which is a huge win. But most likely that will be decided in October in the next session. However, it indirectly impacts us because as you correctly pointed out, if there's a birthright citizenship case in Oregon, it will only affect the plaintiff in Oregon, not the entire country. So, yes, it's indirectly, but, but that's pending litigation and we're waiting on that in the next term.
Mary Holland
And how concerned are you that the Supreme Court will come back and determine that the executive order is unconstitutional?
Todd Blanche
We're very confident in the Supreme Court. But again, it's pending litigation and that will directly be determined in October. But it indirectly impacts every case in this country. And we're thrilled with their decision today.
Steve Cortez
Peter Madam Attorney General, thank you for being here.
Steve Bannon
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Podcast Summary: Bannon's War Room – Episode 4592: Immigration, AI, And White Collar Job Elimination; Trump Addresses SCOTUS Ruling
Release Date: June 27, 2025
Host: Stephen K. Bannon
Guests: Jim Rickards, Mary Holland, Steve Cortez
Topics Covered: Immigration policies, AI-driven job elimination, Supreme Court rulings affecting executive power, economic analysis, and changes in vaccine advisory committees.
The episode kicks off with Stephen K. Bannon emphasizing the critical state of the nation, urging listeners to remain focused on pressing domestic issues rather than being distracted by external threats or marginal matters. Bannon underscores the importance of the MAGA movement and President Trump's leadership in safeguarding the republic.
Notable Quote:
Stephen K. Bannon [00:37]:
"We don't have the luxury of being diverted to marginal issues. We must focus on the most important issues facing this nation."
A significant portion of the discussion centers around recent Supreme Court (SCOTUS) rulings impacting immigration policies, particularly birthright citizenship and the authority of district courts to issue nationwide injunctions against presidential policies.
Key Points:
Notable Quotes:
Stephen K. Bannon [37:56]:
"This has to be shut down. We cannot have a functioning republic if we effectively have hundreds of self-appointed co-presidents, unelected, appointed for life, who believe that they have the power to veto any decision of the elected President."
Tulsi Gabbard [46:57]:
"The Supreme Court has delivered a monumental victory for the Constitution, the separation of powers, and the rule of law."
Todd Blanche [51:17]:
"No longer will we have rogue judges striking down President Trump's policies across the entire nation."
Steve Cortez delves into the transformative and disruptive impact of Artificial Intelligence (AI) on the job market, particularly targeting white-collar positions. He presents data and charts to substantiate the claim that AI-driven automation is leading to significant job losses.
Key Points:
Notable Quotes:
Steve Cortez [22:01]:
"With AI accelerating aggressively right now with white-collar jobs being cut significantly, this is a time to restrict the labor market of the United States."
Steve Cortez [26:53]:
"Microsoft let go 10,000 people the other day. Intel 20,000 people. Both of them said it was about artificial intelligence."
Pam Bondi provides an in-depth analysis of the U.S. economy, focusing on the decline in foreign holdings of U.S. Treasuries and the broader implications of a global dollar shortage.
Key Points:
Notable Quotes:
Pam Bondi [05:38]:
"Central banks and sovereign wealth funds are selling US Treasuries to get cash. There's a global dollar shortage."
Pam Bondi [08:21]:
"Holdings are going down because they need cash. And that's disturbing."
Mary Holland from Children's Health Defense discusses recent changes within the Centers for Disease Control and Prevention (CDC), specifically the overhaul of the Advisory Committee on Immunization Practices (ACIP).
Key Points:
Notable Quotes:
Mary Holland [17:47]:
"Mercury is absolutely a known poison. It should not be in the shots. And it's a fantastic development that that is finally now going to end."
Mary Holland [20:25]:
"Bobby has said that he did not ever make the representation that he would not change people at a cip. He said that he would continue it."
The episode culminates with a live-style press conference where President Trump addresses the recent SCOTUS ruling and outlines future policies. Tulsi Gabbard and Todd Blanche relay key messages from the administration.
Key Points:
Notable Quotes:
Tulsi Gabbard [46:57]:
"This decision ... allows us to promptly file to proceed with numerous policies that have been wrongly enjoined on a nationwide basis, including birthright citizenship."
Todd Blanche [51:17]:
"No longer will we have rogue judges striking down President Trump's policies across the entire nation."
Steve Cortez [58:25]:
"We cannot have a functioning republic if we effectively have hundreds of self-appointed co-presidents, unelected, appointed for life, who believe that they have the power to veto any decision of the elected President."
Stephen K. Bannon wraps up the episode by reiterating the necessity of focusing on internal challenges—immigration control, economic stability, and safeguarding executive authority—over engaging in foreign conflicts. The overarching message emphasizes unity within the MAGA movement and the critical role of President Trump's leadership in navigating these issues.
Notable Quote:
Stephen K. Bannon [38:15]:
"Our country is at stake right now. I mean, this ruling today was to try to tamp down these radical judges about these nationwide injunctions."
Overall Insights:
Focus on Domestic Issues: The podcast underscores the importance of addressing internal matters such as immigration reform, economic policies affected by AI, and maintaining executive authority against judicial overreach.
Economic Vigilance: Analysis of the U.S. economy highlights concerns over foreign investment in treasuries and the potential ramifications of a declining dollar.
Health Policy Reforms: Changes within the CDC's vaccine advisory committee indicate a shift towards more critical evaluations of existing vaccination protocols, addressing long-standing concerns about vaccine components.
Judicial Balance of Power: The emphasis on the Supreme Court's decision reflects a broader narrative of restoring balance between the branches of government, ensuring that policies aligned with voter mandates can be effectively implemented.
Conclusion:
Episode 4592 of Bannon's War Room provides a comprehensive exploration of the intersecting issues of immigration, technological advancements impacting the workforce, economic stability, and recent pivotal Supreme Court rulings. Through expert guests and strategic discussions, the episode advocates for a concentrated focus on domestic policies to preserve the nation's integrity and prosperity.