
Episode 5375: Next Steps on Iran And The Control Over The Strait ...
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Steve Bannon
This is the primal scream of a dying regime. Pray for our enemies because we're going medieval on these people. Christians, I got a free shot. All these networks lying about the people, the people have had a belly full of it. I know you don't like hearing that. I know you try to do everything in the world to stop that, but you're not going to stop it. It's going to happen.
Steve Cortez
And where do people like that go
Steve Bannon
to share the big lie?
Steve Cortez
MAGA Media.
Jack Posobiec
I wish in my soul, I wish
Steve Bannon
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. War room.
Jack Posobiec
Here's your host, Stephen K. Ban.
Steve Bannon
Okay, we're gonna get some capital markets done down in the bottom of the hour. 30 year treasury blowing up 5.1%. 10 years going to blow up momentarily. That's going to change your credit card, student loan, car loan, all of it. Jim Fennell. It's, it's Friday the 15th of May, year of lore, 2026. President Trump is going to land. I think they put a lid. I don't think he's going to address the media. Then they're going to get refuel and then head to dc. It'd be another five, six, seven, seven hours. He should be landing, I think, in DC against the White House during our five o' clock show. We'll get over that. The President took a, a collection of oligarchs and you know, the, the running dogs of Larry Fink and Steve Schwartz and Tim Apple and Elon Musk and you know, Elon Musk and in Jensen Wong being agents of influence of the Chinese Communist Party, they, I took them and yes, that's relevant. As you know, the Chinese, this is imperial power. They look at themselves in an unbroken chain back to the beginning of the, of the mist of Chinese history. This is why they gave us that love tap. Yeah, we, you know, 5,000 years of our civilization versus what, what's your birthday? 250. Yeah. Hope it works out for you guys. Kids, hope it works out for you. They don't, they don't view businessmen as anything, nothing. It's like, what are we doing here? When the ambassador came to remember back in the 19th century, Cleo and Captain Finnegan, you remember, they, they, you know, they went and they presented all these great British goods from the Industrial revolution. We got all this stuff, this great stuff for you. And they go, hey, yeah, the, you know, the, the emperors. We got it. Let us review it of course, 90 days later, nothing happened. And the British saying, what's going on here? We need an answer. And so they come back, say, really need a meeting, gotta address. I go, fine, give us a day. We collecting our thoughts. They come back and said, hey, we reviewed it, we looked at all your stuff. We don't want any of it. You're not, we don't want any of it. Get the hell out of here. They've always treated back in 2019, the most important May of 2019, the most important month geopolitically in this century, when after two years, got to remember it's two years. It's Bob Lighthizer and Peter Navarro and President Trump. And President Trump was very engaged in this, an incredibly tough two year negotiation to basically take rid the system of the seven deadly sins of the Chinese Communist Party. And the way they run their economy, they tore it up and spit in our face. They declare because they had the one belt, one road, they were at the top of their game. The predatory capitalism kind of East India model of predatory, predatory capitalism and elite capture. They were going to go all the way to, you know, all the way into Europe, through South Asia, sub Saharan Africa. Putin was at the meeting, I think it was in Shanghai, that Shanghai Cooperation Group, they're laughing at us. Then they declared a people's war. At the same time he, he gave an order. These, he gave an order that, these, these business guys, Jack Ma, these guys, they're getting too big. We're gonna, we're gonna crack down on that. That's our technology. You wanna know what our technology is? Why do you think these Chinese electric vehicles are like state of the art? Now everybody's oohing. They took the technology from Tesla. When's the last time Tesla put anything out? Elon Musk, they took his technology. That's what they steal the technology. They do a joint venture where they're going to steal it or they're just going to come and steal it anyway. I mean, John Solomon had a very practical point last night when I'm jumping up and down about Jensen Wong being there and selling the chips again, to basically give them an ecosystem. The 500,000 students, the chips, we give them Larry Fink and Steve Schwarzman to finance the whole thing. The whole ecosystem allows them to even have an AI industry. And Solomon's answers are pretty practical answer. He says, hey, look, in the administration, they know they're just stealing them anyway. They're paying for them off in black market. They're taking them reverse engineering. They're the enemy. And so the strategic. And take your number two principle out and write this down, because this is the new construct. Constructive strategic Stability. Stability. Undertake your number two principle and underline that last one. Stability. This is a country that has sent 200,000, 200,000 military age men into this country. This is a country to be Special Forces for when the balloon goes up. This is a country that every day. This is. The US Government says this not the war room, not Steve Bannon. This is the US Government every day hits us with a more sophisticated cyber attack probing into infrastructure. And not just cyber attack to like bug people. A cyber attack to prod into basic infrastructure to be able to take us down and cause disruption. This is a. Just found guilty in a Manhattan court yesterday to have a whole police force out there to intimidate those individuals who come to Lao Beijing who somehow escape and live throughout the country. They kind of want to live the life of freedom. They got their own police force keeping an eye on you in the neighborhood. You're down in Chinatown in New York. You're basically in the grips of the Chinese Communist Party. They just found guilty in Arcadia. And Arcadia is, you know, it's a little town in the greater Los Angeles area, but it's emblematic. You're going to have thousands, thousands of these mayors or people in the political process who are agents of the Chinese Communist Party. You got the students, the students. Every student has to sign. And this is not. I'm not against the Chinese people, Lao Baijing. I love the Chinese people. I've had some of the greatest moments in my life with the Chinese people, their history and what they've gone through. Because the greatest enemy the Chinese people have ever had, the greatest enemy was not Japan, it's not Korea, the Great. And not the United States of America. The greatest enemy they've ever had is the Chinese Communist party. It murdered 250 million of them. 250 million of them were slaughtered in great leaps forward in the revolution and the Civil War and the Cultural Revolution and the collectivization and mal. And you look at how Mao thought. Thought of them. They were wasting on the nuclear attack. He says, hey, if we get hit, how many we lose? Oh, 100 million goes out, man. We'll breed that. And no challenge. That's nothing. If that's what the west can do is hit us and kill 100 million people. Not a problem. Can do easy. This is your mindset of what you're up against. You think she has changed that at all? He has not Changed at all. At all. It's the good guys don't rise. That's a Darwinian system. Good guys don't rise in that system. The most murderous, the most ambitious, the deadliest, the most lethal, the most untrustworthy, that's who rises in that system. That's the system they built. Read. What is it? Jan Yukarik's a book. Kill to order. Take that home and make that nighttime reading for you. Where they've monetized the ability to take political prisoners and they've made political prisoners a profit center. Yeah, we're just going to cut them up and sell their parts. In England and the Tudors and in the religious wars, the Catholics and the Protestants. During the Tudor era, the Elizabethan. Hey, for treason. Sometimes it was the Catholics, sometimes the Protestant, depending on who was in charge, either Bloody Mary or Queen Elizabeth or Mary Queen of Scots. We're going to draw and quarter you and take your entrails out. That's a trader's thing. They've won up the Elizabethan era. They do it. They monetize it and make money off it. Think of the mindset. Think of the mindset. Stability. Have we gotten the $20 trillion in reparations from the pandemic? The one that now an open congressional testimony by a CIA officer tells you flat out that Fauci got in there between what, the 12th of August and the 17th and totally change it. When the intelligence agencies understood fully that the virus came from a lab leak. Right. If you believe that lab leak. But it came from the military operation of the bioweapons lab in Wuhan, China. You got any reparations? Where are my reparations on that? This gangster operation is solely focused on their empowerment. And they're becoming a hegemon. And world domination. World domination. And you can tell they want to start in East Asia. They want to start with the first island chain. Because Cleo Pascal has put us with the most brilliant assessment ever. Guess what? The great leaders in the 19th century understood something. Manifest destiny did not end at the shore of Washington, in Oregon and California. Manifest destiny. We are a Pacific power in one day. One day. Because they could think downrange, one day it's going to be the Chinese and the Americans kind of, hey, who's actually in charge here? And we fought the. We fought World War II as part of that, adjunct to that. And here's where we are now. But you, if you buy into construction, constructive strategic stability, you've bought into their premise that they are a worthy and equal partner and they are not a worthy and equal partner. They are a murderous dictatorship run by a group of thugs. How do I know that? I can see what they've done to our own beloved country. Unrestricted warfare. They came up with this in the 1990s. Why was that? Because remember, don't get the history wrong here. McCarthy had it right. Marshall and the group of Communists in the State Department turned the country over to a group of bandits. And we abandoned the Chinese that have fought with us. And they were not perfect. Trust me. They're double dealing us all the time and stealing all the time. They were far from perfect. But they actually fought with us and Stilwell and everybody in World War II and took huge casualties because the Chinese Communist Party would not, they would hold their power to fight the Nationalists. They would not risk any troops against the Japanese. They said, let these guys kill each other. We turned the country over in 1949 to the Chinese Congress. We the United States of America. General Marshall and that crowd at the State Department turned it over to him and McCarthy called him out. And McCarthy went to the floor of the Senate and gave a six hour speech and said, we've retreated from victory here, of what we sacrificed to win World War II. Marshall resigned in 90 days. Nobody wants to talk about it. He resigned in 90 days. My wife's got some health problems. I think I want to spend more time with my family. In 1989, after having 50 years of this brutal dictatorship on top of them, Lao Baijang with no resources, revolted and the CCP didn't even know how to handle it. But as soon as the Goddess of Liberty, as soon as the art union students built a paper mache replica of the Statue of Liberty in the United States of America and put it in Tiananmen Square, they said game's over, get the tanks out. And the next thing you know, you had tank man and 10,000 who just wasn't in Tiananmen Square was all over the fricking country. And what did the United States do? What did the Bush do? What did the globalist corporatists do? They put Brent Scowcroft on a plane to go over there and tell him, hey boys, you got to settle down here. We can't have this. This is a little too much in people's faces. There are too many kids being slaughtered in Tiananmen Square. There's too much blood in Tiananmen Square. And we're going to make a deal. And here's the deal. You're going to be the manufacturing hub The Lao Baijing will be the slave labor and we're going to finance it and we're going to have the markets for you and we're all going to. It's going to be a win win, Scowcroft. It's going to be a win win, but you got to tone it down. And we handed the country back over to the Chinese Communist Party once again, Deng Xiaoping and this group of thugs and then we gave him most favored nation. We gave them entrance to the wto. Clinton allowed suitcases of cash to come in the West Wing. Hell, let the general sleep in the Lincoln Bedroom. And new gingers, these guys are no better. And then bush in in 2001, he's rubbing up on them. They have abused this country, they've abused our citizens, and they've particularly abused Lao Baijing, the common man in China who's never gotten a break. So no should not be constructive strategic stability. It should be what Ronald Reagan said against the evil empire. We win and they lose. Short break. Back in a moment. What about when you took your shot at the one you called? Do you owe back taxes or you haven't filed your taxes in years? Now is the time to resolve your tax matters. With the national conversation around abolishing the income tax, the IRS is fighting back, improving. It's here to stay by becoming more aggressive than ever before. They're sending out more collection notices, filing more tax liens, and collecting billions more in recent years. If you owe, the IRS can garnish your wages, levy your bank accounts, seize your retirement and even your home if you owe or haven't filed. It's not a question of if the IRS will act, it's a question of when it will act. 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Jack Posobiec
Here's your host, Stephen K. Ban.
Steve Bannon
I'm blaming Captain for now. He triggered me with a constructive strategic stability make sure by the way, take your phone a text Bannon B A N N O N at 989-898. Get the ultimate guide for investing in golden pressure metals now more than ever. You need to talk to Philip Patrick. Team Philip was going to be here today and tomorrow. What I said, hey, we're going to work over the weekend. He's going to come and make a big presentation on Monday. We're going to walk through particularly the dollars of prime reserve currency. These fiat currencies where they stand against the other currencies because the dollar's not looking too bad. Of course it's the world's tallest when it comes to fiat currencies. It's against hard assets. You've got to look at it and they're maybe not so good. Birchgold.com Excuse me. Birchgold.com Bannon/Bannon. Go check it out. End of the dollar empire. You get to talk to Philip and Patrick and the team over the weekend. Do it. Jack Bosobic and I want to thank you Jack, for staying up with us also and give us some amazing insights. Which was even better is your turn at Fox where you tried to explain the Thucydides trap to the. Not to the audience, to the contributors. But that's a topic for another day. Your thoughts as President Trump now is going to get ready to land in Alaska and then head to back to the Imperial.
Jack Posobiec
Well, Steve, I just, you know, I caught, caught the monologue there and I just, I just gotta say I don't, I don't, you know, I have a big problem with your monologue, Steve.
Steve Bannon
You had, you had problems or did not have problem.
Jack Posobiec
Big problems. You gotta, you gotta go harder. You gotta go harder. Not hard enough. Not hard enough.
Mike Lindell
No.
Jack Posobiec
McCarthy was a hundred percent right. The only thing McCarthy did wrong was he didn't go hard enough. He didn't go hard enough to get the cop. He said the communists are going through the State Department. Then he have that Walt Disney was up there at WHOAC saying that the communists are all coming through Hollywood. Now you got the Star wars guys are kissing each other on Stephen Colbert show. And for the kids they say, oh, watch this kids, here's your Star wars and they're kissing each other and you've got all of this with the Chinese Communist. They're laughing. They're laughing at us. If they insult the president of the United States to his face, they insulted him to his face. And I called it out in real time. I was shocked that they would do this. He did it again, talked about how we don't want a conflict. You know, it's like when you go see the mob boss and he says, you know, we don't want to have a problem here. Okay, We. We could do this the good way or we could do. You could do this the hard way or do this the easy way. And we're prepared to do both. And remember, Xi Jinping did not say that Taiwan should be ours. He said it is ours. He said it is ours. And the only question is, how does it return to our full control? That's what he said. And I had the Taiwanese ambassador up on human events a couple of days ago. We had Paula Scanlon. She's actually of Taiwanese descent. Aboriginal Chinese, believe it or not. The. Some of the. The original tribes, even prior to the landing of. Of Shanghai Shek. But. But people need to understand this. This isn't a game. And the thing about the 500,000 students, I thought was so. And, and the farmland, by the way, I thought was so telling, because that shows that it's not a priority for the United States. That shows how much of a priority that is for Xi Jinping, because remember those 500,000. This isn't the Laing. This isn't just some random Chinese families who are scraping together a couple of bucks they get. No, it is the sons and daughters of the Chinese elite. It is the sons and daughters of the party who come over like Xi Jinping's own daughter did, under a false name, who went to Harvard, got the degree, then came back the farmland again. It's the same thing. They're getting more. Look, are they. Are they willing to help out on the Strait of Hormuz? We'll see. President Trump says they are. I take him at his word. They're willing to help on that. They're willing to help on Iran nukes. They're willing to help a number of things. But you notice, Steve, they didn't want to fold on. On the students and the farmland. And why? Because that's more important to them than all of these other things. That's the key here. That's the signal, not the noise.
Steve Bannon
Yeah, and that's where we got to stop it. I want to go back to Iran for a second. What is it? Because in their Readout, correct me if I'm wrong, I didn't see any mention of Iran in this situation. And we've been an advocate that, hey, this is a great powers situation, that President Trump could do something behind closed doors to not look for them to agree with him, but to say, hey, look, this has got to stop. It can't be any more arming them in the overland route. We're going to stop this nonsense about you buying their oil and using a Chinese yuan unless you have our backs on opening up the straits in the Persian Gulf. What do you actually believe? Because she the Chinese are. Other than the fact it is upsetting their energy market, which is huge. Don't get me wrong, they're loving the fact that we're having to deal with Iran. In the Iran situation, folks, I think the Persians are going to sit there and just drag it out through the midterms. Any kind of fantasy people have. I'm going to get off ramp and get out of here. I think it's going to be very tough because these people are savvy enough to know they feel, I'm not saying they do, but they feel they have us that you think that she and the Chinese Communist Party Jack, have come up with any kind of real support because it wasn't in the readout. They just had a, they just had a press conference with their foreign secretary and he says, yeah, everybody kind of wants, you know, world peace. Right. Your thoughts on what, what they're prepared to do to back us in Iran?
Jack Posobiec
Well, Steve, I think that the president is definitely in negotiation mode there. There's no question he's in deal making mode. And a lot of those statements, you know, to be clear to everyone, he's making those statements when he's with Sean Hannity, that's on Chinese soil. When he was on Air Force One in that gaggle, he's still in Chinese airspace. So I'd like to wait until he's back into the United States until we start to see what's coming out of the White House, what we're starting to see there as well, before we really can tell what level of a deal or any leverage is coming down vis a vis Iran. And we know that that was a huge part of the subtext here. You didn't hear it on the readout at all from the Chines. The Chinese side is Taiwan, Taiwan, Taiwan, Taiwan. Everything they're saying is Taiwan. President mentioned it. It wasn't in a lot of the readouts. He just said they want the Strait of Hormuz open. And they want Iran to not have a nuclear weapon. Sure. Okay. In fact, by the way, that's been a Chinese position, even prior to it being American position. That's been a long standing position for the Chinese. They've always said that. And in fact, I was one of the people who was advocating that, hey, maybe we reach out to China and Russia in the first place, and rather than go in with guns blazing, we reach out to some of these other world powers who have those connections, military with Iran or with Iran and Russia and then economic with China and Iran and see if there's something that we can do that way rather than the Bibi Netanyahu, hey, let's go guns blazing and be dropping bombs from everywhere. And, you know, just hopefully that hopefully everything's going to work out. Steve, let me tell you something. You think the Persians are going to fold? Did the Taliban fold? All right, Did, Did ISIS fold? No, these. These people do not fold. They are hardened. They actually believe what they say. They actually are dug in over there, and they've been dug in for a very, very long time. So anyone thinks they're just going to back down.
Steve Bannon
When she talked about the 5,000 years, you know, the Persian sit there, hey, we're good for 25, 3,000 of that. They haven't changed as the same guys. The same guys Alexander the Great were dealing with.
Jack Posobiec
The Russians brought up. The, the Russians brought. When they were in one of the negotiations with Ukraine, they brought up the. The northern war with Sweden. They said, that was 300 years ago. He said, yeah, what's your point?
Steve Bannon
Exactly, like, oh, yesterday. Okay, real quickly, because I know you got to bounce. I want to go back to the Chinese readouts. Everything that they have said publicly, besides a new paradigm with his constructive strategic stability is about Taiwan. Give me their perspective of what went down regarding Taiwan and what is their. Their position is that that is ours. That is a wayward province. It's not an independent country, and we need you to stop addressing it as such. President Trump did say on the plane that, hey, I've got to make a decision on the arm sales for Taiwan, which I thought was kind of a first. Your, your thoughts, Jack, on how Xi and the Chinese Communist Party position the situation with Taiwan?
Jack Posobiec
Yeah, Steve, I was on with Gordon Chang last night, and I got to tell you that he and I are in lockstep on this. This is the most aggressive that we have ever heard a Chinese leader say to an American leader directly, face to face that we will have Taiwan back. This was not status quo. There's a. Typically, what you get is it's, it's somewhere down the line and it's, we affirm the One China policy. We affirm the One China policy. What does the One China Policy mean? The One China policy means there is one China. But then you never actually have to take that next step and say, is it the People's Republic or the Republic which China is the real China? So you got this Schrodinger's China kind of situation. No, all that's out the window. Xi Jinping isn't playing any of those technocratic linguistic word games that Jiang Zemin and Hu Jinta said. He said, no, Taiwan is ours. Taiwan is part of the People's Republic of China. It will be part of the People's Republic of China. And the only question is when and what the mechanism is going to be. And he's sitting there saying that it's in ensconced in the Great hall of the People. He's next to Jong Unhai. He's got the military leaders there. So he's being very, very clear about what he wants and he's being very, very direct. This is. And Steve, one of the reasons that I find it so striking is this is not typically how the Chinese negotiate at all. You don't. They're usually very circuitous. They're very circumspect. They sort of make references to things they might like, but they're not direct about it. Xi Jinping is pulling a playbook out from Chairman Ma. He's pulling a playbook out from Chairman Mao. He's built the cult of personality around him. He's got the self revolution where it's a growing purge. That's a purge of anyone who could be a rival or against him.
Steve Bannon
Yeah. He wanted to make sure that the foreign devils didn't misinterpret it. He wanted to make sure the foreign devils got it with. With both.
Jack Posobiec
There's no strategic ambiguity here.
Steve Bannon
No strategic ambiguity gone. This is the. That's, I guess, the constructive phase, right, Jack Besock.
Jack Posobiec
That's clarity.
Steve Bannon
Clarity. You're. You're the, you're the Associated Press of the MAGA movement. Your Twitter feed. Where do folks go? Sir.
Jack Posobiec
Hey, look, we're going to be up at Jack Posobic. We are taking on human events daily. Apple and Spotify. We do have. We're taking a little bit of a detour today from China because we've got the greatest attorney general in the United States joining us today. Ken Action Paxton will Be live on human events later this afternoon.
Steve Bannon
Amen. Magnificent. That race we're pivoting to in Texas. Jack Boic, you're a scholar and a gentleman. Thank you for joining us. Appreciate you, sir. Jack, the best. Hometitle.com promo code Steve, you get a two week free trial on the $1 million triple lock protection that can stop artificial intelligence and cyber, any combination from coming in and taking your title and monetizing it with some hard money lender. Then you've got to go, you know, take your tail a woe to a lawyer. Don't do it. Hometitle act.com promo code Steve Natalie Dominguez and the team talk to them today. The dollar's convertibility into gold ended in 1971. Gold was fixed at $35 an ounce. Well, fast forward to today and the US dollar has lost over 85% of its purchasing power. Gold, on the other hand, is increased in value by over 12,000%. That's why Central banks are buying gold at record levels. That's why major firms like Vanguard and Blackrock hold significant positions in gold. And that's why I encourage you to consider diversifying your savings with physical gold from Birch Gold Group. But it starts with education. Birch Gold just announced their Learn and Earn Precious Metals event. This free online event rewards you for learning the basics of investing in precious metals. Sign up to get a free silver on your next purchase. Get even larger incentives as you go. The more you learn, the more you can earn. But you must act now as this special event only runs through April 30th. The dollar lost its anchor in 1971. You don't have to lose yours. Text my name, Bannon B A N N O N to the number 989-898 to join Birchgold's Learn and Earn precious metals event by April 30th. Text Bannon B A N N O N to 989-898 and do it today.
Jack Posobiec
Here's your host, Stephen K. Ban.
Steve Bannon
Captain Funnell, you got some breaking news. I know you got to bounce. We're going to get you back up tomorrow, hopefully or Monday. What do you got for us, sir?
Captain Jim Fennell
Yeah, Steve, since we've been talking and as Jack alluded to in the last segment, things are starting to come out now. More details and Jinhua Press, the Chinese official press came out and said that China maintains, on the basis of sustaining the ceasefire, the the Strait of Hormuz should be reopened as soon as possible and at the same time believes that the fundamental solution to issues concerning the Strait lies in the realization of a permanent cease fire. That's the first news item. The second one is, is a Foreign Minister Wang Yi announced that or the Foreign Ministry announced that President Xi has accepted President Trump's invitation to visit the United States in the autumn September timeframe. So those are two gives that I think that the Chinese are giving to President Trump now that he's out of China.
Steve Bannon
Let me, let me go back to your commentary earlier about the constructive strategic stability. Zhenghua again did a commentary. A new paradigm for China US Relations begins with joint action. I want to quote there. The agreement represents an important attempt to answer the defining questions of the 21st century. Can China and the United States overcome the Thucydides trap and create a new paradigm of major country relations? Can the two countries meet global challenges together and provide greater stability for the world? Can they build a bright future together for the bilateral relations in the interest of the well being of the two peoples and the future of humanity? Your thoughts, Captain Fennell?
Captain Jim Fennell
Yeah, that's classic Chinese Communist Party propaganda. To insert themselves and climb up that last rung of the ladder or to go to the top of the heap and to throw whoever was on the top of the mountain off and take their flag and break it and put their flag on the top of the mountain. And that's exactly what they're suggesting. Xi's got a plan for it. It's a global governance initiative he's talked about in the last couple of years, supported by a global security initiative, global development initiative and global cultural initiative. He has a global world order that he is designing and he knows who's going to be running it and he's going to run it that in his mind. And he has now just said to President Trump, hey, we're going to be partners today and tomorrow by 2049, I'll be running everything. And we should not fall into that trap in any way, shape or form. We should resist.
Steve Bannon
Amen, brother couple.
Captain Jim Fennell
And we should fight it.
Steve Bannon
Decouple. Decouple, that's the operant word. Captain Fennell, thank you. Look forward to getting you back on. Cleo Pascal, you're in the vast Pacific. How's it feel from the island chains about what just happened and about that comment from Jinghua ma'. Am.
Cleo Pascal
So, so it's not decouple. It's de parasite. Remember that this is the way that they integrate into the economy is fundamentally parasitic. And this gets to the getting control over the language. And I, I didn't want to go the Thucydides Trap route. But it drives me nuts. So I have a little thing that I do in my own head to see whether or not I think what the Chinese are saying is just pure propaganda or something I have to think about, and that's. I apply the India test. So is there another rising power that isn't behaving like an aggressive, fascist, expansionist monster on the world scene? And, yeah, it's India. India's obviously not perfect, but this idea that any rising country in India, certainly rising, becomes a competitor, is proven wrong by India. And India is an existential threat for a lot of the things that China claims and uses in order to justify its behavior. So you need an authoritarian regime to govern a country of a billion people. Well, India is a democracy. You can't have religious freedom in a country because it'll be too destabilizing, and you need to throw a million Uyghurs in concentration camps. Again, India is not perfect, but it's certainly not China. You have to have a kind of cultural structure that is based on an ethno nationalism that is strictly Han. India is a very complex society with a whole bunch of different groupings. So you can see just by applying kind of a basic common sense from a third, not the G2, but look a little bit wider, that a lot of these psychological warfare elements that the Chinese are throwing out all over the place are designed to lock you into their reasoning and their outcomes. So I didn't mean to go on that little rant, but that's been driving me crazy. This two cities trap nonsense is pure psychological warfare on the part of the Chinese. In terms of the Central Pacific, again, I'm currently in Palau. Palau is a country that recognizes Taiwan, and if President Trump wants to, there's never been a sitting U.S. president who visited any Pacific island country. And three Pacific island countries are in free association with the U.S. they serve in the U.S. military. They're people. Citizens of another country can serve in the US Military at very high rates. They can live and work in the U.S. the ties to the U.S. are really close. This is the country of Peleliu. I'm not far from the island of Peleliu at this very moment. And perhaps instead of refueling in Alaska on the next Asian trip, the president could refuel in Palau or in the Marshall Islands, a country that recognizes Taiwan and is in close association with the U.S. you don't have to say anything, just show up. In the meantime, I'd just say that in terms of the central Pacific, the thing that I'm most worried about is still the US Territory, the Commonwealth of Northern Mariana Islands, which is about two hours north of here. It was hit by a typhoon. These are about 50,000Americans living on American soil, terribly devastated, very concerned about what will happen to the federal funding that is hopefully going to start pouring in if it gets to their actual population. Interior Department of Interior is finally realizing that this is probably one of the most corrupt places in the US So they have sent comptrollers to take a look at the federal money. But they're not doing things like saying maybe we should require Chinese to have visas to come to the Commonwealth of Northern Marian Islands. Chinese can still set foot on US Soil in the Commonwealth of Northern Mariana is without a visa. This is a place that the woman who ran the Bureau of Motor Vehicles was convicted of selling driver's licenses to Chinese, where they set up a Chinese casino that was running billions into the US economy. I think probably there's an argument to be made that the Commonwealth of the Northern Mariana Islands is the location in the US Maybe apart from DC that's the most penetrated by China, that has the most undocumented aliens, illegal people in the US by one former FBI agent estimated that there are about 10,000 in CNMI for a population of 50,000 people. And it's possibly per capita rife with the most fraud. The former governor who died suddenly, Arnold Palacios, was trying to find out what happened to about $1.6 billion worth of federal funding when he died. So this is the. If the US is serious about securing its border and securing the Central Pacific, there are people in CNMI who really need the VP's, Fraud Squad, treasury heavy duty actors to come in and clean them up. They're about 60 miles from Guam, where we already know Volt Typhoon is in the critical infrastructure. So the Chinese are. Whatever they're saying in all of these meetings, they're pushing full ahead for the unrestricted warfare in some of the most sensitive parts of the U.S. meanwhile, right next door, you have countries like here in Palau that are making these valiant stands for democracy, transparency, rule of law, even to the point of recognizing Taiwan.
Steve Bannon
Okay, Cleo, we gotta bounce. We're gonna get you back on. Where do people go for your Twitter feed to keep up with all your travels? We have a strong interest in Central Pacific, the Western Pacific, the Mid Pacific, all of it, ma'. Am. The South Pacific,
Cleo Pascal
Central Pacific, the geographical pivot of history with the United States of America. My ex is just my name, Cleopas C. L E O P A S K A L thank you.
Steve Bannon
Cleopasco is going to be known as the mackinder of the 21st century. You just wait for it. You wait for it. The pivot. The geostrategic pivot of the United States is the Central Pacific.
Mike Lindell
The.
Steve Bannon
The giants in the 19th century knew it. And Chester Nimitz and General Douglas MacArthur knew it also. Cleo Pascal. Thank you. Let's follow her. We got a call. We're going to pivot now on one of our favorite topics. Let's go and play the cold open. Cortez is going to be here.
Steve Cortez
Last day as Fed Chair for Jerome Powell. Thankfully, now the media fawns over him, of course. Course. But he's been a disaster in that key role. Why do they so love him? Well, because he's a partisan who pretends not to be. And because he's the very epitome of a Washingtonian lifer, a man of no talent and even less principle who can only thrive in the sewer that is D.C. now, he lied constantly to Americans that inflation was, quote, transitory to protect Biden and Yellen. For more than five years straight now, 62 consecutive months, inflation has been above, well above his own stated 2% goal. So his tenure was a failure, a disgrace, and he will not be missed by regular Americans struggling to pay their bills.
Steve Bannon
Steve Cortez, you argue, you believe he may be the, if not one of the worst, the worst chairman of the Federal Reserve in history. Can you make that case, sir?
Steve Cortez
Oh, no, he's the worst. And by the way, I can use his own metrics, you know, as I mentioned in that video, against him. And let me show you that in chart form. So if we pull up chart one, please. This is from Charlie Bolello, and this is cpi. This is official inflation, which I think actually understates where inflation really is in the United States for consumers. But nonetheless, if we're going to use official government gauges, this chart shows that for 62 straight months, for over five years, inflation has been above and most of the time well above, substantially above the 2% target goal that Jerome Powell himself sets. So, you know, how can you possibly say that this tenure is anything but a failure when, by your own metrics, by your own goals, your own stated targets, you don't even come close, not for one month. I mean, in 62 months, you can't come close once, just sort of by accident.
Steve Bannon
Hang on, hang on, hang on. Can I get that chart up? Do we have the chart? Okay, great. We don't have the chart. Give me that again, though. Walk me back.
Steve Cortez
Find that. So for 62 straight months over five years now, running and, and running, by the way, consecutive months for five years straight, the inflation rate, the official stated inflation rate of the United States has been not just above, but most of that time substantially above the Fed's 2% target. That is a miserable failure by any reasonable, any objective measure. And again, I'm using his goal. He said that the goal is 2% for his Fed. He hasn't hit it a single month in 62 months. So how can anyone say it's anything but a failure? But despite that, unfortunately, corporate media is fawning all over him. Yesterday, today, you know, they're trying to say, oh, this is the valedictory of some great man. Let me give you some specific quotes on that. Sarah Eisen, who is an anchor at cnbc. This is part of what she said. You can look up her quote. I have it on my social media. She called him, quote, a champion and she credited him for. This is, quote, saving the world economy during COVID Saving the world economy. This is the kind of fawning and adulation that is coming from a business reporter, from somebody who was supposed to be covering Wall street, who was supposed to have an understanding of math and facts and figures and price. By the way, it's kind of fitting, by the way, that he's leaving with interest rates surging in this country right now. And that's not all his fault, but it is largely his fault that inflation got that out of control. And why did it get that out of control? Because he was trying to protect Biden and Yellen. That is the reality. So in 2021 into 22, when it was obvious to everyone who watches financial markets, to even who people who even have a cursory knowledge of the bond markets, of interest rates, of commodities, that inflation was really heating up, did he start to fight it? No. Why? Because he's a brazen partisan and he wanted to protect Joe Biden and his friend Janet Yellen, who, by the way, might be one of the worst senior Fed officials, slash fiscal side treasury officials in all of US history. So she would compete with him over this WoT title, worst of all time in those key roles. But all of them, Biden, Yellen and, and Powell, all of them lied through their teeth and said that inflation was transitory. And there's no way Jay Powell, now, he has little talent and he's not smart, but there's no way that he, he believed what he was telling us. And it matters. It's one of the reasons why credibility in the Fed has crashed.
Steve Bannon
Hang on just one second.
Steve Cortez
I'm going. Hold these.
Steve Bannon
Pretend. If you're 65 or already on Medicare, listen up, folks, and grab a pen, maybe even a number two pencil. Call 845- War Room. That's 845- War Room. Call it right now. I'm serious. Call it now. Here's why. The insurance companies and their lackeys in the Washington swamp have built a Medicare system designed to confuse you and rip you off. Rising premiums, denied claims, fine print. Nobody but a lobbyist understands. Millions of American seniors are paying too much and getting too little. And worst of all, most don't even know it. Hey, that could be you. That's why, if you're already on Medicare or will be soon, you need to talk to our friends at Chapter. They have a team of advisors trained to serve American seniors, not the insurance companies. In under 20 minutes, they can find you the best plan for your needs at the lowest cost. Why? They're a data company. They have all the data on every plan. It's totally free. There's no pressure, no bs Just straightforward, honest help from fellow patriots. So don't wait. Call 845-WAR ROOM right now. That's 845 WAR ROOM. Tell them Bannon sent you. Now, listen, in the first couple of days of the launch of this company with the Warren Posse, Posse members saved tens and up to hundreds of thousands collectively of dollars in these fees. Go check it out today. That's chapter. Call 845- War Room. Do it today. War Room.
Jack Posobiec
Here's your host, Stephen K. Ban.
Steve Bannon
Okay, Cortez, it just hit me. The 30 year is hit 5.3, is that correct? Bowling sent me this a little while ago. Is that a correct number, sir?
Steve Cortez
30 year, 5.12.
Steve Bannon
I showed 5.12. That's the highest. The highest since when?
Steve Cortez
Since George W. Bush was president for the 30 year and the 10 year, which I have definitively the 10 year right now. You know, I've been saying on your show for a long time that I thought four and a half was a really, really important level. We can't get north of 4.5. Well, we are now at 4.59, so we're almost at 4 6. And that is really, really dangerous. Frankly, pretty scary as far as I'm concerned. So, new highs in yield for the move. Meaning bond prices get hammered. Investors are selling bonds. When the price price goes down, the yield goes up. Meaning that the the the lenders to the United States are saying we demand more because you are not a good creditor right now. You're not a good borrower. You're 39 trillion in debt. You're engaging in an incredibly expensive war. You have a massive levered bet on AI. We want more compensation to loan you money. We're now basically at 4.6. If that gets a 5.0, we are in a world of hurt.
Steve Bannon
We had a weak 30 year auction the other day. Let's be honest. Look, the business model right now is a highly leveraged bet on artificial intelligence. Full stop. What we're going to do is you're going to come back Monday. I want to do this because this is his last day is do the full Monty on the carnage left behind by Jay Powell. Right. And we'll get all the numbers up to date and do it all. Cortez, where do people get you in the interim?
Steve Cortez
Yeah. Please go to Cortez Steve on Twitter axe@c o R T E s Steve and also Cortez investigates.com all my videos, all my articles, including my new one skewering Mike Pence who thinks he's the lifeguard of conservatives. So please take a look at that.
Steve Bannon
It's genius. We'll talk about that to a Monday. Cortez. Thank you. Have a good weekend, sir. Boxing with your son tomorrow.
Steve Cortez
Can't wait.
Steve Bannon
Neal McCabe's continuing audition for the White House comms team will continue at 5pm I'm just kidding. He's going to be back with us at 5pm the reason is we need to clear the decks because America's entrepreneur, Mike Lindell is now live from his factory floor. Mike, do we have you, sir?
Mike Lindell
Yes, Steve. I was going to bring you out there, but I just wanted to show you here the new factory. We have rows and rows, 28 aisles like this where these guys. We got everything moved. We have production down at that end. We tested this earlier.
Steve Bannon
Hold it, hold it. Stop, stop, stop, stop, stop. Hang on. I thought you were going out of business. This thing looks massive. You look bigger than Wal. What is happening here? They told me you're going out of business. Mike Lindell's bankrupt, you're broke, you can't get product. You can't. Nobody give you product. This thing looks magnificent, sir.
Mike Lindell
It is huge and it is so awesome. My employees were able to get moved in here and they did all this. They built all the racking, everything we did ourselves. And we're not going anywhere. We're still standing and I'll tell you, Steve, they just keep that. My pill is the most attacked company in history. There's no company even close. Operation Arctic Frost. We found out that our own government came at us in 20, 22, 23, and 24. But I was interviewed here in Minnesota as running for governor, and they said, first thing, well, isn't my pillow bankrupt? I said, who told you that? You're a horrible journalist. And this was on cbs. And then they said, mike. But they just kept asking me questions that weren't true. And now, Steve, they're banning me as running for governor. I don't get to talk in the debates that go all around Minnesota next week. And because I won't honor the endorsement because right now, I'm polling number one with. With the Republicans of Minnesota. So it's just a continuous attack. They don't want. They don't want some people.
Steve Bannon
Hang on, hang on, hang on, hang on. You've been. You've been doing. You've been winning all the straw polls, right? You're up in the polls. You're.
Steve Cortez
You're.
Steve Bannon
You're. You're. You're winning all the debates. You're saying you're not going to debate because let me give you some guidance here. The company looks like it's running better than ever now that you're out running for governor. Your. Your son and the team behind, they say, no, no, dad, go do the debates. We're gonna re. We're gonna build. I mean, this thing's a. This thing's the Taj Mahal. Why are you not. What's about this endorsements, all this kind of conference endorsement. What's going on? Why are you not out there?
Mike Lindell
This is the. This is the GOP endorsement and which we get here in a week, a week and a half that they say end of May, and then our primaries in August. But we did a poll. There was. Many polls have come out with the people, and I'm pulling number one and in a lot of these straw polls. But since I won't honor the endorsement means that what they want you to do is you honor the endorsement. And I would quit running. If they pick someone else, these delegates pick someone else, and I'm not going to do that. I went through that when I ran for RNC chair, and I doubled Ronna McDaniel and Harmony Dillon the night before in a national poll. They. We have one shot to win this, and it's. And it's with me going all the way to the primary and winning the primary and then beating Amy Klobuchar in the general. We've got an amazing plan. We split. We Split Minnesota into 67 Senate districts, teams in every district. I'm doing. We're putting out 26,000 signs. We're putting one thing I do, Steve, I know a little marketing. So as you see, they've done great here. My. They're my pillow.
Steve Bannon
Hang on now. Now that I see how big this thing is, we want some deals. Warren Posse is blowing up right now. Give us a deal of a lifetime. So I want when deals collide. Give us that.
Mike Lindell
Okay, here's what we're going to do today. There. This is our factory sale. But we're also doing our Memorial Day mattress sale. These are four specials that are colliding. Four deals colliding. So you have the mattresses made in the usa. Free shipping on anything you buy today on your entire order. You have a six month money back guarantee, 10 year warranty. Best mattresses and mattress toppers you will ever sleep on. Some of them as low as 299. And then also if you go to mypillow.com forward/war room now you're gonna see deals that collide. Our factory outlet sale we're having there with all the clothing. We're closing out the clothing line. In fact we, we have another semi that was full of that. We didn't realize you guys. That's discounted down to as low as $9 for a set of pajamas. I mean we're trying. We're to trying. We're closing out that whole line. Then you have the mega sale. You see in the middle there with my pillows are 1498, the second annual mega sale. So that's colliding. You've got slippers. You got the slippers. We still have some of them left. 3998 exclusive to the war room posse. You got the microses where you're saving $80. Basically this is it, everybody. It's the biggest celebration of my pillow. We're still standing. That promo code war room is the best discounts of any promo code in the nation. 8008-7310-6280-0873-10 62. Remember, those are my employees too. Employee owned company. And we're still here for the war room. You guys have had our back.
Steve Bannon
Thank you brother. We'll see this afternoon. Great. Great job. Tell the team. Magnificent place. Looks incredible. What a warrior. What a fighter. What a good man. He's a good man. Just to the base. Another good man is coming back to The United States President Trump is going to land probably during our 5 o' clock show, Colvette and Charlie Kirk snacks. But at 2 o' clock for an entire hour, Ken Paxton running in a really tough senate runoff at 2 o' clock for the entire hour of Jack Bosova. Do not miss that. We're gonna play clips at 5. You got Gruber bowling. Then we're here live at 5pm we will see you back in the war room. Everyone's focused on how the conflict in the Middle east is raising oil prices. But there's another grim reality to this contention. Oil isn't the only resource being constrained. About one third of global fertilizer trade happens through this region. And with spring planting season on top of us, American farmers are sounding the alarm. And with some saying they can't afford to plant their fields, when one piece of the supply chain gets hit this hard, you know what comes next? Higher fruit prices, reduced availability, maybe even panic buying. That's why having an emergency food supply at home makes so much sense. And that's where our friends at my Patriot Supply come in. Right now@preparedwithbannon.com that is preparewithbannon.com, we've set up an entire just cite for the war room posse. You go to preparewithbannon.com that's all one word. Preparewithbannon.com you get a three month emergency food supply. Don't include a free mega protein Upgrade, an incredible $200 bonus you don't want to miss. It's a simple way to protect your family from whatever comes next. Go to preparewithbannon.com that is prepare with bannon.com to get your emergency food supply today. That's preparewithbannon.com do it today. Go check it out.
Title: Next Steps on Iran And The Control Over The Strait
Date: May 15, 2026
Host: Steve Bannon
Notable Guests: Jack Posobiec, Captain Jim Fennell, Cleo Paskal, Steve Cortez, Mike Lindell
This episode focuses on the evolving geopolitics surrounding Iran, China, and control of critical maritime chokepoints, particularly the Strait of Hormuz. Steve Bannon and guests dissect U.S.-China relations, the Chinese Communist Party's intentions, strategic stability, and America’s economic vulnerabilities. The conversation connects current tensions to historical context, emphasizing the importance of clarity and resolve in U.S. foreign policy and economics.
[00:51–16:53]
Bannon’s Opening Monologue:
China’s approach: Combines state-led tech theft, elite capture of Western finances, and a Darwinian political culture that rewards ruthlessness.
On the Chinese Political System:
[16:59–27:40]
Jack Posobiec’s Reaction:
Xi Jinping’s Approach:
Farmland and Students:
[21:08–25:40]
[30:21–32:49]
[32:49–38:28]
Cleo Paskal’s Analysis:
On U.S. territories in the Pacific:
[39:21–47:32]
[48:14–53:09]