Episode 4676: Negative Bias In The Jobs Report

Summary

Episode Summary: Bannon’s War Room - Episode 4676: Negative Bias In The Jobs Report

Release Date: August 1, 2025

In Episode 4676 of Bannon’s War Room, host Stephen K. Bannon delves into the intricacies of the latest labor report, exploring its implications on the American workforce and broader economic policies. The episode features insightful discussions with Senator Tommy Tuberville and economist E.J. Antony, offering a comprehensive analysis of the current employment landscape, governmental procedures, and international educational policies. Additionally, the episode touches upon ongoing political tensions in Brazil, highlighting global ramifications of domestic policies.

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1. Introduction and Labor Report Analysis

[00:02 - 04:08]
Steve Bannon opens the discussion with a fervent critique of the current media landscape and political regime, setting the stage for a deep dive into the labor report's nuances. Emphasizing the urgency of addressing negative biases in economic data, Bannon outlines the episode's agenda, including tariffs, the reorganization of global commercial systems, and upcoming legislative actions.

Key Points:

• Labor Report Examination: Bannon emphasizes the importance of accurately interpreting labor statistics to understand the true state of the economy.
• Governmental Mechanisms: Discussion on the role of recess appointments and the Constitution in facilitating efficient governmental operations.

Notable Quote:

"The people have had a belly full of it... It's going to happen."
— Steve Bannon [00:02]

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2. Conversation with Senator Tommy Tuberville

[00:23 - 12:16]
Senator Tommy Tuberville joins Bannon to discuss the political maneuvering surrounding Senate confirmations and appointments. Tuberville expresses frustration with ongoing protests and bureaucratic obstacles inherited from previous administrations, particularly highlighting issues in the pharmaceutical industry and foreign competition.

Key Points:

• Recess Appointments: Tuberville advocates for leveraging recess appointments to expedite the confirmation of President Trump's nominees, bypassing legislative gridlocks.
• Educational Policies: Introduction of the Student Visa Integrity Act, aimed at restricting Chinese and Iranian nationals from overstaying visas or exploiting the U.S. education system for intelligence purposes.
• Economic Nationalism: Emphasis on prioritizing American students and workers over foreign nationals to safeguard national interests and technological advancements.

Notable Quotes:

"If the answer is to save my country, this country will be saved."
— Steve Bannon [00:30]

"We need to address... Chuck Schumer should step up and say, okay, we're going to let you voice vote..."
— Tommy Tuberville [04:08]

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3. Deep Dive into Labor Statistics with E.J. Antony

[16:09 - 27:29]
E.J. Antony, an economist, and analyst joins the discussion to shed light on the discrepancies within the Bureau of Labor Statistics (BLS) data. Antony critiques the BLS's handling of employment numbers, revealing a persistent negative bias that undermines the credibility of initial job reports.

Key Points:

• Data Integrity Issues: Antony highlights the divergence between self-reported employment figures and non-farm payrolls, indicating systemic flaws in data collection and analysis.
• Revisions and Bias: The trend of downward revisions over time suggests an initial overestimation of job additions, casting doubt on the reliability of current employment statistics.
• Native vs. Foreign Employment: Positive job growth for native-born Americans contrasts with declining employment among foreign-born workers, reversing trends from previous administrations.

Notable Quotes:

"There is a lot of conflicting evidence in this July jobs report and so we have to take it with a grain of salt."
— E.J. Antony [20:59]

"All of the net job growth over the last 12 months has gone to native born Americans."
— E.J. Antony [27:09]

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4. Addressing International Education and National Security

[07:09 - 12:16]
Bannon and Tuberville revisit the topic of foreign nationals in U.S. educational institutions. Tuberville elaborates on his proposed legislation aimed at curbing the influx of Chinese and Iranian students who may pose national security risks by transferring critical technological knowledge back to their home countries.

Key Points:

• Student Visa Integrity Act: Proposes stringent measures to ensure that foreign students do not overstay their visas or engage in espionage.
• Impact on American Education: Criticism of the current educational system's reliance on foreign tuition dollars, which may detract from opportunities for American students.
• Technological Supremacy: Concerns about AI advancements and the necessity to retain technological expertise within the United States to maintain competitive advantage.

Notable Quotes:

"We're training up our enemy with our most vital technology."
— Steve Bannon [07:09]

"Our kids are getting left out... Enough's enough."
— Tommy Tuberville [08:26]

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5. The Brazilian Political Crisis

[29:19 - 42:18]
The episode transitions to an international perspective with a conversation featuring E.J. Antony (likely a misattribution; context suggests Anna Paula Henkel) discussing the political turmoil in Brazil. The discussion focuses on President Bolsonaro's trial, alleged political persecution, and the erosion of democratic principles in the country.

Key Points:

• Judicial Overreach: Critique of the Brazilian Supreme Court's handling of President Bolsonaro’s trial, accusing the judiciary of political bias and undermining democracy.
• Public Reaction: Massive protests and public outcry against perceived injustices and the lack of due process for Bolsonaro.
• Global Implications: Concern over how Brazil's political instability mirrors issues within the United States, emphasizing the need for vigilance in safeguarding democratic institutions.

Notable Quotes:

"Our constitution was completely ripped apart when it comes to President Bolsonaro."
— Anna Paula Henkel [34:38]

"We no longer have a democracy there."
— Anna Paula Henkel [38:47]

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6. Closing Discussions and Upcoming Segments

[44:45 - 51:15]
As the episode approaches its conclusion, Bannon highlights ongoing efforts to apply pressure within the U.S. Senate to facilitate recess appointments, ensuring that President Trump can secure his nominees. The discussion also previews upcoming segments featuring guests like Mike Lee and Charlie Kirk, who are expected to provide further insights into the legislative strategies and grassroots movements supporting these initiatives.

Key Points:

• Senate Negotiations: Updates on talks between key senators, including Thune and Schumer, aimed at resolving appointment delays.
• Grassroots Influence: Recognition of the audience's role in pressuring senators to act in favor of the administration's agenda.
• Future Episodes: Teasers for upcoming discussions on labor numbers, artificial intelligence impacts, and national security concerns.

Notable Quotes:

"You're seeing progress today because of your agency, your action, action, action."
— Steve Bannon [44:45]

"You're going to see a lot of progress today."
— Steve Bannon [44:45]

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Conclusion

Episode 4676 of Bannon’s War Room presents a robust examination of the American labor market, governmental processes, and international political dynamics. Through candid conversations with Senator Tommy Tuberville and economist E.J. Antony, the episode underscores the challenges of navigating political gridlocks, data integrity issues, and the broader implications of foreign influence on national security. Additionally, the exploration of Brazil's political crisis serves as a cautionary tale of how democratic institutions can falter under external pressures and internal strife.

Overall Insight: The episode advocates for increased assertiveness in legislative actions, prioritizing national interests over foreign dependencies, and maintaining vigilance against threats to democratic integrity both domestically and internationally.

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Note: The episode includes several advertisement breaks promoting products and services, which have been omitted from this summary to maintain focus on the core content and discussions.

Transcript

[Steve Bannon]

This is the primal scream of a dying regime. Pray for our enemies because we're going medieval on these people. Reasons I got a free shot on 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.

[Senator Tommy Tuberville]

And where do people like that go.

[Steve Bannon]

To share the big lie?

[Senator Tommy Tuberville]

MAGA MEDIA I wish in my soul.

[Steve Bannon]

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.

[Senator Tommy Tuberville]

WAR ROOM here's your host, STEPHEN K. Band.

[Steve Bannon]

Is Friday the 1st of August year overlord 2025. We're going to start with we've got EJ and Tony's going to join us. We're going to go through these numbers on the labor report. I've got more to say about the tariffs, reorganizing of the world's commercial system. First time since post World War II. Mike Lee is going to Senator Mike Lee is going to join us tonight because he's got a lot of work to do today on this topic. We're talking about about confirmations, appointments, recess repointments. Senator Tuberville joins us. I asked Senator Tuberville, we want him over here because he's got an amazing new bill about Chinese nationals studying here in the United States of America. But first, Senator Tuberville, because I know this is you come from a career of working 18 to 20 hour days, seven days a week to Senate, please help me out here. Are you guys going to stick around and get these confirmations done for President Trump or if you do leave for the August recess, are you still going to actually have a recess of President Trump can then do recess appointments. So either way we grind through this thing by, by, by Labor Day, one way or the other is a solution. Are you guys just going to punch out go on your codells and and we'll see you back here after Labor Day.

[Senator Tommy Tuberville]

Well, Steve, thanks for having me on. First of all, apologize. I'm in the Russell Building and my office is on the fourth floor overlooking Union Station. And we've got thousands of of protesters here all the time and they're running sirens today and it just drives you nuts. I don't know why we put up with this crap but for some reason the city of Washington D.C. puts up with it. But they tried to throw us all off. But it's just another day in the swamp. But yes, we need to stay. Steve, this is, this is crazy. People want to go home just because we've set this date for four for the, for the year on our calendar. They have slow played President Trump. He doesn't have his coaching staff. I call it coaching staff. You can't get anything done at lower level. And right now we're getting hacked by a lot of these lower level people in some of these agencies that are left over from the Biden administration. For instance, I just met with a drug company and they make American drugs and we're getting hammered by India. But because they make the same drug, they send it to America and some group in California packages the drug and they sell it as American made and it's not near as good as what we make here in this country. But because of lower level people that we can't get in the Biden administration group that is still in, in command, you know, they won't let us make any progress. So that's the reason we need to stay. We need to do what's right and somebody needs to grow a set so we can get this done. Who cares about going home right now? Let's save a country. And I love what you say if we don't do it now, never be saved.

[Steve Bannon]

Do you guys have, I mean, are there like team meetings? I know when you coach, you were a guy was known for, you know, including your team and your coaches and building the team environment is soon. Are you guys talking about this or just every day it's, we're going to stay a couple more days in 10. Is there a strategy and a plan or is this just kind of evolve every day, sir?

[Senator Tommy Tuberville]

Well, we've had plans all week long. We've talked about different scenarios of possibly dropping the closure vote, making it one vote, cutting back on time for the average person out. Here's what happens. Anytime we, we vote on a nominee, it's two votes. So close your vote, then you have debate time of two hours, then you have a vote on that to close it down. And on the nominee, well, normally, you know, the other side for us instance, you know, we'd get back time, you know, we'd make it 10 minutes or whatever. And, and so you'd get a lot more nominees through. Well, this group won't allow you to do that. What happened is last spring Chuck Schumer voted for the CR and his side just went ballistic. They said, you're siding with the Republicans, you're going to ruin our country and we're going to run you out of office. AOC pops up. I'm thinking about running for Chuck Schumer spot. And now he's playing hardball. He is scared to death he's going to lose to aoc, which he would, by the way, if she runs. Because he's nothing but a no good. I don't know what you call him, somebody from New York that's taken as much money as he possibly can. He's got enough money he needs to move on down the road. But it is, there's nothing for America, it's nothing for the American taxpayer. It's all about running our country in the ground and owned by the Olyarch of the Democratic Party.

[Steve Bannon]

So have you guys talked about, have, have you addressed internally just actually going on recess and taking off and giving. Because Mike Lee tells me the Constitution supports it. In fact, it's in the Constitution and every president's had it just taken off. And having President Trump have a gap here that he could do some recess appointments and then you, you guys still work with these people because, you know, it only goes for like a year or so to get them permanently in. Has that been addressed at all or is that not even on the table yet?

[Senator Tommy Tuberville]

Well, it's, it's probably got less talk than anything. But we have talked about it and some groups bring it up. Oh, they don't get paid if you do this. It only lasts for a year, year and a half. First of all, I don't care how long it lasts. Let's get them in and worry about that afterwards. Mike Lee even brought it up, yes, they do get paid, they do make money. And so that's not a problem. But again, I wish we would address the, the, the situation at hand. Schumer should step up and say, okay, we're going to let you voice vote 60, 70, 80. But we have zero voice votes for nominees when at this time during Biden administration he had 50 that we allowed them to voice vote again. They're not playing ball with us. They hate President Trump. They hate the country the way it is. They're afraid that we're going to get something done in these four years. That's their worst scenario. Hopefully we continue to do that. But we got to have fighters, Steve. We don't have fighters up here. And people say enough's enough. Yalls ass is staying here as long as we're staying here. And we're going to vote every two hours until you come to your senses. And we work night and day I mean, that's easy to do. We all got offices in the Capitol where we can sleep on a couch, get up and go vote.

[Steve Bannon]

Well, I hope that kicks in right away. Senator, I want to talk about this new law that you're talking about putting forward about students and Chinese nationals and Iranians also. Here's my concern. We spent the first half of the show. There's a bunch of big announcements coming out on artificial intelligence. I happen to believe the jobs report. One of the problems with it is artificial intelligence is already starting to kick in. You're going to see a big loss of white collar jobs. And everybody says, hey, we can't have any regulation. You can't control this because the Chinese Communist Party is going to overtake us and they're going to be, it's going to be full spectrum dominance. I go, well, hang on for a second. If you took away their capital, their technology, the expertise and the training we do for their young engineers in our colleges, they ain't competitive. They have to have every resource from us to be competitive. Now is your bill. Your bill right now. I take it you said, hey, we can't continue to do this. I think there's 350,000 Chinese national students who no matter how good or nice these people are, they basically have to sign an agreement with the Chinese Communist Party that they're going to report back on everything they learn. I mean, they're essentially quasi intelligence agents. But also, more importantly, we're training up our enemy with our most vital technology, sir.

[Senator Tommy Tuberville]

1.5 million foreign nationals that we educate in this country every year, Steve. It's embarrassing. In the east coast and all these ivy League schools, 60 to 70% of their students are foreign nationals. I'm talking about all of them. I mean, we've lost our damn mind. If you just Look, I went to a graduation for a friend of mine not too long ago in the south, a small university, and I looked at the program. 40 of their graduates in engineering and cyber were Chinese nationals. What in the heck are we doing? And let me tell you something. Some of these Chinese are staying and working in our air in this country. They're overstaying their visas or we're either extending their visas. That's what my bill says. My bill basically says, listen, Student Visa Integrity Act. You come here, you get a degree, you're gone. Or better than that, if you're Iranian national or a Chinese national, you don't come at all. We're not educating. You go somewhere else. We're going to put our Kids First, America First. Our kids are getting left out. They're getting left out to some of these universities because we have foreign nationals that come in and pay cash. And these universities are nothing but business now anyway. And so they're taking advantage of the system. Enough's enough. And AI Chinese are so far ahead of us in AI right now. If we don't do something immediately with its education process, we're going to continue to fall behind and we're not going to be an adversary anymore. We're going to be kneeling down to China.

[Steve Bannon]

So the universities are going to come to you, Senator Tuberville, all their lobbyists are going to come to you and say, hey, look, if we don't get this cash, because all the American kids, right, pay state tuition at these state universities, even they pay local tuition and the foreigners pay top dollar, paid for by the government. That spread is what allows us to keep tenured professors around. What's your response?

[Senator Tommy Tuberville]

Yeah, you hit it right. Tenured professors that have been there 25 years making $250,000, and they don't even teach a damn class. They got a graduate student teaching the class. They're doing supposedly research. And it's time to get back to teaching in the secondary level and the higher education level in our country. Teachers unions are basically running us in the ground. Our education system in this country has become a joke. We have to get to workforce development. But as you just said, we have presidents making 1, 2, 3 million dollars a year. Presidents. It makes no sense. They're all flying around in jet airplanes. How about we get back to educating our kids and quit worrying about making this a business and making it for profit there for nonprofit. Now, if they want to be for profit, so be it. So be it. But we don't need to be egging that on. For instance, in this big, beautiful bill, Steve, there's a part that we got in there that any student, any student could borrow $65,000 for. Graduate student. We dropped that in half. And Barnett, who is it? Barnett from America. We have 40. Since Barack Obama started ACA, we have 45 million students out there today that owe $2 trillion. 45 million. And who you think they're going to vote for in the next election? Now we're making them pay their, their bills and their interest back and pay off their loan. They're looking for somebody that's not going to make them pay that loan back. They're wanting forgiveness. It is all a scheme. We've been set up. Republicans have taken the bait. We Better start fighting back.

[Steve Bannon]

Senator, where can people get you on social media and website, particularly this weekend? I know it's going to be day, day to day there at the Senate until we make some decision of what's going to happen with these, with this recess. Where do people get you?

[Senator Tommy Tuberville]

Yes, Senator Tuberville, Steve. And I appreciate that, appreciate you putting it up there. But it's, hey, folks, we're in, we're in tough times and you better listen to Steve, you better listen to everybody else. Mike Lee, tonight, we're in, we're in tough times. And just because President Trump is in office does not mean that we're gaining ground. He's doing all he can, but he's getting beat up for these people that are under the scenes, that are still Biden administration, Obama administration, people that are bureaucrats, that are absolutely trying to stop everything we're doing and, and it's embarrassing and we need to stay here and go to work.

[Steve Bannon]

Senator Tuberville, honored to have you on here. Thank you, sir.

[Senator Tommy Tuberville]

Thank you, Steve.

[Steve Bannon]

Folks, because of your using Bill Blaster and Article 3 and just going and calling yourself and texting yourself, this is now a, this is a big deal. They've added another 10 names, but it's still in, in flux. You heard, you know, Senator Lee came on here yesterday, kept him for a couple of segments, walked through everything, and then they had the Senate meeting where he lays it out. And there's still, there's people in the United States Senate, Senators have no understanding of the Constitution or federal law sitting there going, well, guys can't get paid, we can't go. Recess appointment. It is a smear on President Trump when his own party does not trust him enough. This gets down to the basics. Do you trust the guy or don't? In opposition? I have no problem with Democrats not giving a recess or Republicans not giving a recess to Biden or not going on recess, but having this kind of pro forma recess where you stay in so they can't do recess appointments. I have no problem with Republicans doing that when Biden's around or Obama's around. I advocated that. I think it's, I think it's all part of the game. I have no problem with Democrats doing that with President Trump. Right. I get that. But when your own party, when the guy that got you, dragged you across the finish line, it could be so simple. He could take all 150. He can't do judges. Right. But he'd do everybody else, make them a recess appointee. Normally. I thought it was for a year. Mike Lee says it goes all the way up until 26. Right thing it goes past the midterms and they can continue in the process to do a regular confirmation. Just do it and then go do whatever you got to do in the up until for the month of August or stay here and grind it through. I'm indifferent as long as President Trump gets it. But I think the easier way and the quicker way is a recess appointment. Plus it would show that you trust the guy. Short Commercial break E.J. and Tony is going to join us. Talk about these labor numbers. According to the Department of Energy, blackouts could increase by 10,000% over the next few years. It's because of massive energy demand from artificial intelligence data centers. We talk about that all the time here in the war room and we have a fragile power grid. It just cannot keep up with that demand. I don't know about you, but I don't like the idea of being without power even for a day. That's why I got the grid. Dr. 3300 from my patriot supply. It's a powerful solar generator that runs refrigerators, AC units, medical devices, power tools, anything you need to write out a blackout. And right now, for their Christmas in July event, they're including over $1,000 in free survival gear with your generator, including emergency food supply, water filtration, survival tools and more. You heard that right. Over a thousand bucks in free gear for a limited time. Head to my patriotsupply.com/bannon that's my patriotsupply.com /bannon and grab the Christmas in July bundle before it's gone. Blackouts are coming. Go to my patronsupply.com Bannon and get prepared.

[E.J. Antony]

Today, America's Voice family, are you on Getter yet?

[Steve Bannon]

No.

[E.J. Antony]

What are you waiting for?

[Steve Bannon]

It's free, it's uncensored, and it's where all the biggest voices in conservative media are speaking out. Download the Getter app right now. It's totally free. It's where I put up exclusively all of my content 24 hours a day. Want to know what Steve Bannon's thinking? Go to get her. That's right. You can follow all of your favorite Steve Bannon, Charlie Kirk, Jack pos and so many more. Download the Getter app now, sign up for free and be part of the new Go to Getter. That's where I'm putting up all my stuff all day and night long. Part of the interim just sent me from one of the most renowned public universities, I would say an IV equivalent In the south private. And somebody sent me this before they're graduated. They had sent me the part of the graduation brochure. I think it was computer science and I think it was of the hundred people there were like 98 Chinese communist nationals. They just sent the another page or this person has every but sent me this graduate the master's in economics, 100% Chinese Communist Party. As soon as we verify all of this, maybe this afternoon put a couple of these up. It's. It's out of control. It's totally out of control. And it's American kids that are being elbowed out. That's what's. It's unacceptable. First off, I don't think you should have any foreign students in the country right now whatsoever. Just go full stop. Like no HB1 visas. Go full stop. In addition, instead of stapling a green card to their diploma when they graduate, staple a exit visa, get your boom, you're out of here. You get 30 days to, you know, hang out with those guys in school and you can come back for all the alumni gatherings, but you're gone. It's also the way you're going to make the. The countries of the world, they're not going to get better if you're sucking up every piece of talent that is. That's how imperial. That's how the British ran their empire. You know, they all came and, and they wanted to come and live, you know, the best, the best to live in London. Well, you know, you can't do that if you suck up all the talent from the world. The nations of the world are never going to progress. And you know what's going to happen? They're all going to want to come here. The people that couldn't get into Harvard and how they're going to do it, they're going to do it by foot through Central America and we're going to have the same mess that we've got right now. Invite the third world, become the third world. Look in Los Angeles, look in Chicago. And look what you got in New York City. Look what you got in New York City. That's your education plan. That's all these progressives, that's everything. It's coming home to roost, folks. Coming home to roost. And Naomi last night, I appreciate Naomi and her optimism about. You got the Brooklyn Republican Club and we've known what you know, Gavin Wax and Vish Burra and all the great guys at the New York Young Republicans Club turned around and those things are great. They're green sprouts and they tell you, but the Working People's Party and the dsa, they run the deal, okay? They run, they got foot soldiers and they get 10,000 canvassers. And for everybody sitting there with this masturbatory fantasy that, oh, let them run, we don't win, it's going to be terrible. New York City's going to be terrible. The Democratic Party, that might be true on a national basis, but once they get control of these cities, they got control of the cities. We have three of the greatest cities, not just in the country, in the world, Los Angeles, Chicago and New York that are not controlled by people in the United States. It's controlled, they're controlled by hostile foreign powers. That's reality. Have you seen deportations there in the last 30 days? You're going to have to go back. You're going to have to get the National Guard militarized it again. You go in there, they're not going to self deport out of those places they made those strongholds and they're going to be in your grill. And folks, until you get them out of here, until you do the mass deportations, you're not going to, you're not going to sort this mass out. And they're trying to just tap President Trump along. They're going to try to wait him out. You can see it right now. They're going to try to wait him out. E.J. and Tony joins us. E.J. you did a great turn on CNBC. We started the show with E.J. and Tony, although on, on CNBC, you've had now an hour or two to get your hands into this. First off, I want to talk about something you've been on here for four years, complained about, and that is the Bureau of Labor Statistics and whether we get accurate numbers. Now everybody's talking about the number here. It's a quarter of a million jobs. They're like on the downside, it turns out we didn't get and now it's a restatement. What in the hell is going on there? And have we put in our own person into BLS is, is a MAGA Republican that President Trump knows and trusts. Are they running the Bureau of Labor Statistics yet, sir?

[Anna Paula Henkel]

No, unfortunately, Steve, we still haven't gotten there. And I think that's part of the reason why we continue to have all of all of these different data problems. You know, the guy we had previously, Bill beach, is actually a great guy, brilliant statistician, and he recognized some of the problems that we had in the data he was taking steps to fix that, but unfortunately he was removed by the Biden administration. He's not there anymore. And he's been replaced by someone who frankly, I think is incompetent. And that shows with the fact that the problems in the statistics that first became evident all the way back in the spring of 2022, those problems are still there. And if we can go to the first chart here, I think helps, really helps illustrate that where essentially what you can see is the fact that the disparity between the number of people who are saying they have a job who are employed, that's in brown there, versus the line in gray is the number of non farm payrolls. We have, as you can see, before the pandemic, they tracked very, very well together. But since then they've really started to spread apart and that problem has never actually been fixed. In other words, we're not correctly estimating either the number of people with jobs or the number of actual jobs in the country or both. And if we go to the next chart here, we can get a better sense of some of the problem. What continuously keeps happening is that we get an initial estimate for the number of jobs and then that figure has to get revised down and pretty dramatically. Now, this is just over the last year. The reason I chose a year though is because over the course of a year you should have some months revised up, some months revised down, but all in all, it should average out to zero. That's not what's happening anymore. There's clearly a negative bias in the revisions, which means there's a positive bias in the initial numbers. In other words, we get an overly optimistic report and then, and then we later find out that it wasn't that great. And so now we see that for the last several months, most of the jobs that we thought we were adding didn't actually exist. Again, this is not a problem unique to the Trump administration or unique to 2025. It happened in 22, in 23 and in 24. In fact, earlier this week, the BLS announced with their, their latest round of quarterly data that 2024 is going to see another major downward revision. Incoming reports, we're just not going to get that, that report, unfortunately, until the start of next year. But it is coming. We're going to see hundreds of thousands of jobs that we thought we had in 2024, it turns out, never even existed. And these data problems go a lot deeper, frankly, in the report. So if we flip to the next chart, another thing that we can see is how the disparity between full time and part time work isn't showing up in some of the other numbers. So for example, in this last report, the number of full time jobs actually declined and the number of part time jobs went up. So all of the net job growth it looks like, was part time. But as we flip to the next chart, we start to see more disparities here. This is multiple job holders. Usually what happens is we lose full time jobs and we add all these part time jobs and it's because people are taking on multiple part time jobs to make ends meet. That's the opposite of what we're seeing here. This is pointing to a problem in the data. And then finally the next chart shows us hours and what's happening here. Again, if all of these people are losing their full time jobs and only getting part time work to replace them, the average weekly hours should be going down because you're working fewer hours at a part time job than you were at your full time job. So but that's not what happened last month in July the number actually ticked up. So all of this to stay to say, Steve, there is a lot of conflicting evidence in this July jobs report and so we have to take it with a grain of salt. I'm not trying to excuse away the fact that it wasn't a great headline number, the fact that we had big downward revisions, but it speaks to all of the problems in the data. Now there was some good news in the report too that we should definitely highlight. We can see that in the next chart where the annual change in jobs among native born Americans has exploded. It is up 2 million from July of 24 to July of 25. Meanwhile, employment among foreign born workers is actually down. It's down over 200,000. Now look, it's not that I'm rooting for anybody to be losing their jobs, but what I'm pointing out in this chart, that is simply the fact that all of the net job growth over the last 12 months has gone to native born Americans. That is a stark change to what we saw under the Biden administration where all of the net job growth from pre pandemic until Biden left office, all of that net job growth went to foreign born workers and native born Americans actually lost employment. We can see that in the next chart where you're going to see job trend lines for both of these categories. So in blue there you can see foreign born workers and in orange you can see native born Americans. It's clear that during the Biden years the level of foreign born employment returned to its pre pandemic trend, the dotted line and stayed there. However, for native born Americans, employment never actually returned to that trend. But what we saw in the last couple months of jobs reports in the June report and in the July report that we got today, these were the best June and the best July ever for native born employment. Now the reason I'm saying best June, best July, these are not seasonally adjusted data sets, which is just a fancy way of saying you can't compare month over month changes. In other words, June to July is not a fair comparison. January to July is not a fair comparison because there are things that typically happen with seasonality here. For for example, every July you see a surge in native born American employment because you have a lot of high school and college kids who are home from school and they're out getting part time jobs, right? And then in August and September that number plummets as those people go back to school. So you want to look at one July to the next and then that doesn't include all of that, that seasonality in between. And sure enough, again, this is the best June and the best July ever for native born Americans. That's great news.

[Steve Bannon]

I it's great news. We're going to have you back. I know you got a bounce. I'd love you got a heart out social media on Twitter. Where do people go to follow all your analytics?

[Anna Paula Henkel]

Best place to find me is there on X. The handle is at real E.J. antony.

[Steve Bannon]

E.J. thank you so much. Appreciate you sir. Birch Gold Take your phone out. Text Bannon B A N N O N9898 9 get the ultimate and Free guide to Investing in Gold and Precious Metals in the Age of Trump. In a day like today, you need it more than ever. Short commercial break Back in a moment. Hey, I realize you got many choices when it comes to who you choose for your cell phone service and there are new ones popping up all the time. But here's the truth. There's only one that boldly stands in the gap for every American that believes that free freedom is worth fighting for. And that's the team at Patriot Mobile. For more than 12 years, Patriot Mobile has been on the front lines of fighting for our God given rights and freedoms while also providing exceptional nationwide cell phone service with access to all three of the main networks. Don't just take my word for it. Ask the hundreds of thousands of Americans who've made the switch and are now supporting causes they believe in simply by joining Patriot Mobile Switching is easier than ever. Activate in minutes from the comfort of your own home. Keep your number, keep your phone or upgrade. Patriot Mobile's all US Based support team is standing by to take care of you. Call 978 Patriot today or go to patriotmobile.com Bannon that's patriotmobile.com Bannon use the promo code Bannon for a free month of service. That's patriotmobile.com Bannon or call 972 Patriot and make the switch today.

[Senator Tommy Tuberville]

Here's your host, Stephen K. Ban.

[Steve Bannon]

Okay, there's on Twitter right now, there's reports that Thune and Schumer are sitting down and talking about some path out of here on these appointments, finding something to either push a bunch of them or even do a recess. These conversations started last night. You know where these conversations started? Because this audience put pressure on, on Thune in his office. These other senators saying, you got to knock this off. President Trump needs his nominations, needs his nominees. We got to stop this crap and get on with it. We need to continue to put pressure. And in Texas also, the only thing they respond to is pressure from you because they know you represent tens of thousands, hundreds of thousands of people in back of you. So each one of you millions overall, that's what the Senate's responding now. They're in a negotiation about what to do to move President Trump's nominees quickly before they get the hell out of town. Now, our recommendation here at the warm as soon as you just say screw it and call a real recess and let President Trump do what he wants to do as recess appointments, end of story. But obviously Thune doesn't trust the president states or we would do this. Mike Lee, it's got a little TikTok up. I'll put, I'll repost it on mine and Mike Lee's going to join us this afternoon. But I think you'll see a lot of progress today. Why? Because of you heroes like Mike Lee, Josh Harley, other people pushing this and then you coming in as the support troops to say it's got to happen. You're seeing, you're going to see progress. Same thing down in Texas. Texas may vote as early as tomorrow on the redistricting, add a committee and then vote on Tuesday. We're going to get Harrison if we don't get him this morning. We'll get him up this afternoon. Pressure is also working in Brazil. President Bolsonaro, who you know is revered by this audience, is on trial for his life. They gave him a trial for the saying that his election was rigged, which was totally rigged. Lula's in there because of rigged election. They've also got him. Some plot to assassinate Lula, so they want to put him in prison for life. That's just up for life, and then assassinate him when he's in prison. And the people in Brazil are very worked up about it. President Trump the other day, the ofac, the OFAC sanctions against the judge Morris, finally. And that guy's been just as crude as he could possibly be afterwards. And Lula smack talking. The president states in the New York Times, they're just digging themselves into a deeper hole. I want to bring in Anna Paula Henkel, a major podcaster in Brazil. Can you give us the current state of the situation with the country? How, how is. How have people responded, and particularly Lula's government responded to what President Trump did the other day, both against the. The judge and also with the. The tariffs against. Against Lula.

[E.J. Antony]

Ma', am, good morning, Mr. Ben, and thanks for having me. I think it's crucial that we start to show what's happening in Brazil, show to the world as we are speaking. Justice Moraes just went back to the Supreme Court because they were in recess this week, and he just announced that he will ignore completely the Magnitsky act and its sanctions. Brazilians since Wednesday, when President Trump signed the Magnitsky act together with the Department of Treasury and Department of State, we were thrilled because our Senate is composed by cowards. I don't have any other word, because our Senate could easily bring an impeachment process to the floor, and we've been watching for years. So Supreme Court justices, especially Moraes, just doing whatever they want, not following due process, political persecutions, political imprisonment. We have the case of Felipe Martins, who is a former aide for President Bolsonaro, Foreign affairs, and he was in prison for six months without due process, without being convicted, without anything. And of course, they were doing that to force a plea deal so Felipe could feed the narrative. Oh, President Bolsonaro did this or was planning a coup, etc. But Felipe stayed strong and did not sign any plea deal. And last week, Philippi finally had the chance to speak in a public audience after two years of being kept in silence. And the atrocities committed against Philippi in prison are absolutely shocking, Mr. Bannon. It's shocking. This should never. It's things that you see or you read about the Soviet Union or the Stalin regime or Nicaragua or Cuba, but not Brazil. Not Brazil. So we are very grateful to President Trump and Secretary of State Marco Rubio. For trying to bring order to our so called democracy. I don't think we have a democracy any longer.

[Steve Bannon]

Well, how did that happen, by the way? I want to do Scott Bess and Treasury work, told him this too. And all united, the whole US Government is united and the American people united about this. How did this happen in Brazil? You have great freedom. You're one of the greatest countries on earth. You are stewards to the Amazon and some of the most precious natural resources in God's creation. You have a people, the very vibrant and upbeat love life. How did this dark specter of really kind of totalitarian communism, Marxism, how did that descend on a country like Brazil, man?

[E.J. Antony]

Well, it's kind of what happened here in United States. I've been living in Los Angeles. I saw you talking about Los Angeles and I don't think there is much hope for Los Angeles exactly because of that. We have full Marxists here administrating the city. But what happened in Brazil, Mr. Bannon, is pretty, pretty much what happened here in United States. When President Trump won his first election in 2016, it was the very same with President Bolsonaro in Brazil. It was somebody out of the establishment, out of the deep state realm. And then President Bolsonaro couldn't govern Brazil for four years in peace. Supreme Court would constantly say, you can't do this, you can't do that. Putting their fingers in their, in their pans on executive premises. And the Senate, who was the House that could do something to stop these interferences, they just said that we're not going to do anything because we don't like this new president elect. He's not part of our gang, he's not part of our system of the establishment. So we're going to take him down. And we had, just like United States, we had very weird elections in 2022 and we were not allowed to speak about it. You would have your profiles on social media or digital platforms taken down if you questioned. Can we ask about the integrity of the election? No, you just couldn't do that. The Supreme Court justices, especially Alejandre de Moraes, he would just shut every possible avenue for freedom of speech or anything that will question the election or their interference in another branches. If it was the executive or the legislative, we just couldn't say anything until it reached American soil. And that's why President Trump, Secretary Marco Rubio and Scott Basin worked so hard. Because we, I'm an American citizen. We started to get our speech censored in our accounts from United States. Alexander De Moraes would simply go out there and say, X getter Instagram, you have to shut down these accounts. Because I want that. Because I want that. And that's it. No judicial process, absolutely nothing. And then there was one time during a very important local elections that he decided to shut down X entirely. So X was off the air for, if I'm not mistaken, two or three days. So I think it reached the point that our First Amendment was being really threatened not only in the United States, because I'm Brazilian and American, but as an American in American soil. And the sad part, Mr. Bannon, is that it took another president in another country, you know, the land of the free, because of the brave, to start to shift things back to where we're supposed to be in our democracy in Brazil.

[Steve Bannon]

Anna. The people in Brazil, I know people here that are following it are now fully aware, because they were not for a long time, that President Bolsonaro is on trial essentially for his life because they want to give him a life sentence in this trial. Is Brazil awakened to that fact too? That this is about a life sentence for President Bolsonaro and they could well be assassinated in prison.

[E.J. Antony]

Oh, yes, we are very aware of that. And in fact we are. We as a country. Brazil is planning to have massive protests that. And people are going to the streets this Sunday in all over Brazil, all big cities, to demand respect for our constitution. Because this is the thing when the left, when they, when the Marxists, they try to portray like, oh, you one side wants to protect a politician. It's not that we want to protect our constitution. And President Bolsonaro is. Our constitution was completely ripped apart when it comes to President Bolsonaro. He doesn't have a fair trial or a due process. He's not supposed to be judged by Moraes or any of the Supreme Court justices, because he's not even our president anymore. And the persecution is absolutely amazing. The other day they send the federal police, which is the FBI in Brazil, to a raid in his house. And then you see these things only in the movies. And then an officer asked President Bolsonaro to use the bathroom. And then all of a sudden, Mr. Bannon, this officer comes up, comes out with a pen drive, like, oh, look what I found in the bathroom. And then immediately President Bolsonaro said, this is not my pen drive. I don't recognize this pen drive. So my point is, there has been so much fishing expedition in every page of this so called coup d' etat process. They already convicted President Bolsonaro and his sentence is already written down and signed by Alexandre de Moraes. That now is double edged down after the Magnitsky act being signed. And I fear for my country, Mr. Bannon. I fear because we no longer have a democracy there.

[Steve Bannon]

And where can people get you on social media? Where can they get your podcast man? We'll definitely have you back on. In fact, I think we're going to stream some of these protests on Sunday. We'll be covering it. So where do people in the interim get you? Find you.

[E.J. Antony]

Oh, we can find me on X getter Instagram. Anna Paula Henko and I look forward to coming back, Mr. Bannon. And I have to thank you for having me and putting some light on what's happening in Brazil because we need to shine light to the world what's happening because our democracy is gone and Lula is in bed with Iranians, with Marxists like the Cubans, Nicaragua and African dictators. So we're very grateful to have you on our side, sir.

[Steve Bannon]

Well, we're grateful, everybody's grateful for the great freedom fighters you have in Brazil. And you're one of the tops. If it wasn't for the young people like yourself doing this, this fight would be over. Thank you so much. Looking forward to having you back. You see the arrogance of Marias. He gets ofac, he gets these major sanctions. He just spits right back in the eye of President Trump. I telling you, Lula and your government, President Trump is never going to back off this. So I guess you've made your decision. Are you making your decision? But I guarantee we'll end in tears for you guys. Short commercial break. Jerry Garcia will take us out. 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 foreclosing 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 [e-mail] 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 hometitlelock.com now. Use promo code Steve. That's hometitleock.com promo code Steve. Do it today.

[Senator Tommy Tuberville]

Here's your host, Stephen K. Ban.

[Steve Bannon]

Okay, I just got to report the pressure, you know the pressure you put in Brazil. Good things are happening there to try to protect Bolsonaro. I just got great news in Texas. But you got to keep pressure on. You got to keep calling down there, particularly you Texans, but the whole country, boom, put pressure on. I got great news. Maybe a vote today, tomorrow, but they're already talking about a vote. And they weren't talking about a vote 48 hours ago. This is at the committee level. Not the whole House, but progress, motionless progress. Also, Mike Lee's going to join us. Brian Harrison is going to join us. Patriot Mobile. Glenn Story and the team. As Texas goes, so goes the nation. You know what Patriot Mobile's done down in Texas? They're also the best mobile service out there. If you call right now, 972 Patriot, you will talk to an American citizen. I know that's unique. You'll talk to American citizen at a call center. They will tell you about all the services they have, all the offerings. It's extraordinary. 972 Patriot. Tell them Steve Bannon, since you get one month free on your transition, but do the switch today. Stop giving your money to people that hate you. Give it to Patriot Mobile and you get a great service on top of it now more than ever with cyber artificial intelligence. You saw the artificial intelligence hit in these, in these labor numbers. You know it's coming. Now. They're talking about AGI, artificial intelligence, cyber, all of it. Rogue lawyers, rogue accountants. Somebody wants to get their hand on that title of yours. That title is the only thing in God's creation that says you own your castle, your home, which is 80 or 90% of your net worth. And all the sweat that you've put into owning that and improving that house. Every dream you've had is wrapped up in that house. Don't let it turn into a nightmare by having somebody get your. Get their hands on your. Your title. Hometitle.com promo code Steve. One million dollar triple lock protection. What does that mean? 247 coverage in the middle of the night. Or the middle of the day. Anytime, anybody messing with that type, boom, you get an alert. And if all else fails, $1 million restoration project, boom. Lawyers, whatever you need to make sure that you get it back. Natalie Dominguez and the team are there. Hometitlelock.com promo code. Steve, we make this one as simple as possible. Go and just talk to Natalie and the team. Trevor Comstock, thank you for joining us today. By the way, the show this afternoon is going to be lit, absolutely lit. Do not miss it. Charlie. Charlie, Kirk's going to follow us. Pasopic after that. We're back here. I'm going to try to do a hard handoff today subject to what's happening at the White House with Eric Bolling. I love doing that. And then five to seven, we're already packed nonstop. We're going to have people on the treasonous conspiracy. Natalie's going to join us. I got people from Texas, Brian Harrison and others. Mike Lee, boom on the recess. So much going on and it's because of your agency, your action, action, action. So as part of our Make America Healthy Again program, Trevor Comstock, the CEO and founder of Sacred Human Health. What do you got for us, brother.

[Trevor Comstock]

Steve, I appreciate you once again. So I'm really excited to share our newest product today with you guys. We just launched our sacred human whip tallow and Ramanuka honey moisturizer, which is a total game changer for your skin. So a little background on it. This moisturizer is just made with two ingredients which is the one grass fed and finished beef tallow and the raw Manuka honey. That's it. There's no preservatives, no fillers, no seed oils or synthetic junk. And tallow is really amazing because it's almost identical to the natural oils that your skin produces. So it absorbs much more deeply and actually nourishes instead of sitting on the top of your skin, which is very common for a lot of other products out there. But on top of that, it's loaded with vitamins like vitamin A, D, E and K, which are all essential in what your skin needs to stay healthy and radiant. So we also paired it with the raw Manuka honey, which is a naturally occurring antibacterial, anti inflammatory and healing remedy. So it helps soothe irritated skin, reduce redness and also locks in moisture moisturizer or, sorry, moisture without clogging your pores, which is pretty phenomenal now compared to most commercial skin creams on the market. The issue with those is that they're usually full of synthetic Ingredients like alcohols, fragrances, and cheap fillers that actually damage your skin barrier over time. So our formula is just clean and simple and doesn't contain any artificial junk. And the product really does have just two of nature's most powerful healing ingredients. And it's whipped into a smooth texture that can be easily applied to the face or body. So it's perfect for things like dry skin, eczema, irritation, or just daily hydration. And again, you can use it on your face, your body, your hands, or wherever your skin might need additional support. So we just launched this product. We've already been getting an amazing response from it. We do have a limited supply just to start off, so I encourage anyone, if you're interested, to grab a jar while it's. We still have it in stock. It's already been flying off the shelves, so I'm super happy about that. And yeah, I really can't rave enough about this product. I actually got a sample of it about a month ago. Over a month ago. I've been using it every day. I have sometimes a little bit of crow's feet right under my eyes. But I've seen a huge change in the difference in my skin texture.

[Steve Bannon]

I was wondering. You look younger every day. I was wondering what it was. It's the new product.

[Trevor Comstock]

Yeah.

[Senator Tommy Tuberville]

Okay.

[Steve Bannon]

I'm announcing here. I'm gonna start you. I'm. I, I will get, I will get some. And I'll check it out and see if it's. If it fits my operating style, but I promise commit to do that. So it's just fantastic. I love what you guys do. Trevor, also go read, you know, go read the endorsements, people, people that use the products, write reviews. This is what we need you to focus on. That's the best marketing that the company has, is viewers and listeners just like you that use the products and love them where they go. One more time or particularly for the new product, Sir.

[Trevor Comstock]

Yeah, yeah, 100%. So you go to sacredhumanhealth.com or just type in Sacred human to Google will pop up. We have all our products there. And then the tallow. If you click on the tallow, you'll see a whole list of all the benefits on how it stacks up against other moisturizers on the market. So. Oh, and also use code war room for 10% off. Got you covered.

[Steve Bannon]

War room, the most powerful promo code out there. War room. Get you 10% off. Do it today. Trevor Comstock, founder, CEO. Thank you, brother. Coming out with new products. The original project, coming out with are flying off the shelf. So they're doing even additional products. Great little company. Make America healthy again. Mike Lindell. Charlie Kirk's next. Give us a special deal. The Warren posse deserves that. They've been working nonstop and making big changes. Things are happening because of this audience. What do you got for us?

[Mike Lindell]

Well, the War Room Posse. You got your special little website now. MyPillow.com forward slash, war room. Go there now. MyPillow dot com everything because you've been working so hard. Ships for free, all the big ticket items, the mattress toppers, made in the usa. The beds, the mattress covers and all the new products no one else gets. The bath mats, these big bath sheets are like oversized bath towels. Everything for the bathroom, everything for the kitchen. Every. We have all these new health products in. You guys go there, do your shopping now. Free shipping on your entire order. Call 800-873-1062. Tell them you're with the War Room posse and you're using that promo code, war room and free shipping on your entire order this weekend.

[Steve Bannon]

Thank you, sir. See you five. 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 to rickardswarroom.com that's all one word. Rickards War Room records with an S. Go now and claim your free book. That's rickardswarroom.com do it today.