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Episode 5424: Job Report Comes In Positive; Fusing Israeli And US Intelligence
Episode 5424: Job Report Comes In Positive; Fusing Israeli And US Intelligence ...
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- [00:00]
A
And the data is out. The made Job job jobs report 172,000. Is there any doubt that this anecdote Levitz about a good labor market has been very correct? That is a really strong number. And last month while we had a revision from 115,000 to 179,000, which means the two month revision has got to be over 90,000. That is a good number. Even manufacturing posted a 7,000 job gain. So how strong is 172,000? That would be the best number since 185,000 in March. These are solid numbers. If we look at what's going on with average hourly earnings, average hourly earnings come in at 3, 10 as expected. If we look at average hourly earnings year over year, 3.4 as expected. And I would like to point out that on the month over month, point 3 is a tenth higher than the point 2 in the rearview mirror. But the 3.4 year over year is 210 light. 210 light. 3.4 would equal where we were in March. We started the year at 3.7. Now if we look at the workweek and the work week of course has been getting a bit smaller. The average workweek's coming in at 34.3 as expected. The, the unemployment rate. Drumroll please. 4.3. Well, we didn't really need the drum roll. That is a very, very nice historically low rate and it's pretty steady there. As a matter of fact, we're at 4.3 every month this year except for February at 4.4. Labor force participation rate, it's been moving lower. You know, last month it moved to 61.8. That was the smallest since September of 21. And that's where it's camping out at 61.8. And that's really depressing. You know, you read these stat statistics about how many able bodied workers are not working or looking for work. That is something we need to deal with. And finally the last part of this number is the underemployment rate. We call it U6. The actual employment rates called U3. U6 comes in at 8.1%, 8.1%. How does that compare? Well, it was 8.2 last look it was 8%. Before that the blow water mark was 7.9%. And that was in February. What is the market done? Exactly what you would expect. Interest rates are going up and not for a bad reason. For a good reason, a good reason because the economy is doing much better from the view of labor than many had expected.
- [02:43]
B
Friday the 5th of June, year of our Lord 2026. We brought EJ and Tony in here to make it make sense to us. First off, ej, I want to talk about the top line number. I also want to talk about the reset for the previous month's number. And I thought the reason that we pushed you so hard to be over Bureau of Labor Statistics was to sort this problem out. Maybe it's not that big a problem, but give me your top line in the reset, adding I think 60,000 jobs from last month. Where are we? So make this make sense to the audience.
- [03:21]
C
Absolutely, Steve. It was a great headline number. No two ways about it. And not only was it a strong headline in terms of the number of non farm payrolls, when we asked businesses, how many jobs do you actually have on the books? That was a great number. Including the revisions, it's over 260,000. Again, very, very good number. But I also want to focus on another really good piece of news here, which was not just the survey from businesses, but the survey from households. And there we saw the first increase in employment this year. The pre. Every previous month this year was actually negative. It was showing employment was going down. So this is a sharp reversal. That Measure was up 99,000, so almost 100k there. Again, very good piece of news. I think it was also good to see that after we incorporate these revisions and we hone in just on the manufacturing sector, which has obviously been a big, big point of concern for this administration, we see that there was a three year slide in jobs in the manufacturing sector. In other words, From January of 2023 in the dead center of the Biden administration Until January of 2026, we were basically steadily losing manufacturing jobs. We have now gained manufacturing jobs each month of 2026. It's not a lot, but again, it's a sharp reversal from what was previously a steady decline. So there, there were a lot, there's a lot of good news in the report. Not everything was good. As we dig through some of the internals, we do find some red flags. Absolutely. But overall, great headline number.
- [05:00]
B
Give me the. We always like to get the reality check in front of the Warren posse. What, what are the red flags? You see
- [05:10]
C
there's a couple, Steve, one of which is the fact that we once again saw a decline in the number of full time jobs. So all of the net job growth that we saw was part time employment. You know, again we like to see more full time jobs with benefits and, and fewer people having to take multiple part time jobs, for example. So hopefully that's Something that will reverse. That's not a new problem. You and I have been talking about that for, for literally years now. It was a problem going back again to the middle of the Biden administration where the economy was losing full time jobs and only adding part time ones. So that trend does continue. We hope to see it reverse soon. Another, another bit of a red flag here, not specifically to do with the labor market, but coming from these statistics is the fact that earnings growth is not keeping up with inflation right now. Again, not specific to the labor market because the cause there is just simply the Iran war. Right. It's the fact that the Iran, the closure of the Strait of Hormuz has caused oil prices and countless other prices to go up and that's really hitting consumers hard. And it means that their paychecks don't go as far as they did in the previous month. Again, not something specific to do with the labor market, but it is something that we see in these statistics this morning.
- [06:26]
B
Two things. Number one, does this lead you to believe, given now the pattern of statistics that we have in data that we have, that President Trump and Scott Bessant's supply side bet, particularly with the tariffs included to bring manufacturing jobs back? Do you get any sense in this data that we're making progress on this?
- [06:48]
C
I do, Steve, absolutely. In fact, I'm not really sure how else you can interpret this data. I think the whole push to re privatize the economy that both the President and the Treasury Secretary have really been pounding the table on, I think that's obviously bearing fruit here. You know, the number of federal bureaucrats has declined now for 17 consecutive months. That's a tremendous win. We've gotten rid of what, 10%, I think, of the federal workforce. The federal workforce now is the same size as it was 60 years ago. I mean, again, that's absolutely incredible progress on the part of this administration. And as all of those formerly federal bureaucrats leave government work and they go to the private sector and get jobs there, that's going to help grow the economy. It's going to move them out of unproductive public service and to productive into the productive private sector. So those things are absolute wins.
- [07:48]
B
Any sense we had you on to go through this issue with foreign workers, both the quote unquote legal with all the visa scams. Also, I think that the administration might have blanked on this green card. You've got to go off, you got to go back to your home country to do the green card, which I think is fantastic. I believe overnight or in the last 48 hours that the Senate has forced the administration to rethink that these numbers. I know it's early, but any sense of your theory, the case that we're still not doing enough to make sure that these are American jobs for American workers because we've got to have mass deportation or things like sending people home to do their green cards, Sir?
- [08:32]
C
Well, Steve, like, like we talked about previously, I think the administration initially made a tremendous amount of really, really good progress on that front. That progress has really slowed though as, as we've taken our foot off the gas on, on things like, like mass deportations, on, on things like certain aspects of immigration enforcement. Now I do think going forward though, as we think, as we see things like Scott Bessant's Treasury Department really ramp up its surveillance of what banks are doing in terms of, you know, what is effectively either either money laundering or at the very least you're dealing with the facilitation of that illegal migrant employment. So again, as we crack down on those things, not just in the labor market but in the financial sector as well, I'm hoping you're going to see more progress in the right direction because as of right now, if we look at, according to this latest report, where native born employment stands today relative to pre pandemic, it is up. But what has grown much faster relative to pre pandemic, it's still foreign born jobs. In other words, foreign born workers with jobs. So that's something that again, we want to see reversed. It's not that we hate foreign born workers, we just love Americans and we want to see them getting the majority of the jobs here.
- [09:54]
B
The strong jobs report had the 10 year treasury which governs the financial life of our audience popped over four and a half percent. Where do you think we go now that we have a new Fed chairman on interest rates? How do you think this, how you think this robust jobs report impacts the thinking on interest rates?
- [10:13]
C
I think the initial read here, and I'm not sure the market's going to stay this way as they continue to digest this report and other economic data. But I think the initial read goes something like this, Steve. If the labor market is hot and inflation is hot, then the Fed is not going to cut rates. In fact, there's a chance they may increase rates. So under that, that kind of framework, I think that's why the market is looking at this as, as a potential, a potential increase in the likelihood that we get not cuts but hikes out of this Fed. Now with all that in mind, I think the market might be misreading the new Fed chair because he has talked extensively about the need to cut the balance sheet. Right? He is. He has spoken extensively about how the Fed has become an of inequality, growing the balance sheet, inflating asset prices to benefit Wall street and then sticking Main street with the inflation. However, if you reverse those moves by the Fed, if you shrink the balance sheet, you end up reversing those effects. This is why Kevin Wash has talked again extensively about how the Fed can have room to cut interest rates if, and that's a big if, it can get that balance sheet down because the balance sheet has been a huge driver of inflation. When the Fed goes out and they literally trillions upon trillions of dollars in financial assets with money they create out of nothing, that's going to put upward pressure on prices, not just of financial assets, but prices everywhere, because again, you are literally creating trillions of dollars here. So again, reverse those moves by the Fed, reverse their effects. The interest rate, specifically the Fed funds rate, is not the only tool in the Fed's toolkit. That's something that, unlike Jerome Powell, I
- [12:00]
B
think Kevin Warsh recognizes, That's quantitative easing versus quantitative tightening. And what EJ's saying, you may see some quantitative tightening, remember, in the heroic effort. And Cortez will be on later. We'll talk about this. Although he's here about this debacle with funding Ukraine and other military endeavors that we don't have the money or the patience to fund. In 2019, President Trump at the time, the treasury, the Federal Reserve chair, took a trillion dollars. They shrunk the balance sheet by a trillion dollars. And President Trump is still getting 3 and a half, 4% growth. So it can be done with the right set of policies. We got about 90 seconds. EJ, the Secretary treasury obviously thinks very high of you, highly of you. Scott Bessant's a big fan. What would be your advice to the Secretary of Treasury given the data you see in this report, sir?
- [12:53]
C
Well, big caveat. I mean, far be it from me to give advice to someone as brilliant as Scott Bess and our wonderful Treasury Secretary, but I think if I had to tell him anything, I think it would have to be, keep doing what you're doing, keep your foot on the gas. Please, please, sir, do not let up. And I don't just mean the way he just rhetorically murders senators and congressmen in his congressional testimony, which he also does a fabulous job on. But in terms of actual policy here, again, keep your foot on the gas in terms of pushing for additional tax cuts through the reconciliation process. Keep your foot on the gas. In terms of reforms at the IRS at the cfpb, just keep working, keep making progress, keep building on the great progress that you have already made. Because again, I think he has done probably more than any other Cabinet secretary of State phenomenal job and has really helped not just Wall street but Main street here. Has really helped not just the white collar worker but the blue collar worker in this administration. He did a wonderful job shepherding the big beautiful bill through a very, very difficult Congress last year. I would love to see another reconciliation bill get done this year before midterms.
- [14:09]
B
E.J. your your social media handle so people can find it. You're putting up great quantitative work all the time.
- [14:15]
C
Where they go, best place to find me is on X. The handle there is at real. E.J. antony E.J.
- [14:22]
B
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- [16:21]
D
Are you happy about borrowing billions of dollars to send to Ukraine to Zelensky, a corrupt tyrant who constantly demands mountains of money from America but robs his own people blind. Everyone around him is indicted now, many of them fugitives abroad. Americans meanwhile, have a hard time paying for gas and groceries while Zelenskyy's pals, they buy jets and boats. Eighteen Republicans just joined the Dems in voting for this madness. Must be nice to have Zielinski boy summer on yachts in the Mediterranean.
- [17:08]
B
And you notice that the Democrats are voting for something on defense. It's rotten, totally rotten. We just went through and this issue now, the 10 years, Steve, you see this 10 year because we're running a little hot unemployment, these are good things, is a bad growth, but inflation's up, I don't think. I don't see the Fed doing a rate cut which I know President Trump wants. I don't see that happening. They're, they're handling, starting to stop quantitative easing which the Biden administration was doing and starting to do. You know, war should go think about quantitative tightening. But somehow capital has not gotten the message right at 40 trillion and true $2 trillion deficits because every time they put out a budget or say something, the number blows through that because they spend more money and somehow the tax revenues don't catch up with it. The $9 billion. I want everybody in this audience to just ask yourself right now, what would your community, your city, your state do with $9 billion? Why do we continue to allow the Democrats to drive this in? These woke neocon Republicans, 18 of them, who are the worst of the worst, to pile in here and to support $9 billion to what is the most corrupt administration in the world, Zelensky's government. And Steve, you know, MTG asked, I think it was three years ago, demanded that if we did anything else, when basically McConnell got turfed out as leader because you know, he, he died on, he took his spear and getting that last big Ukraine funding, it was all contingent on one thing. We were going to do forensic accounting and forensic audits on this. We've done nothing on that. Steve Cortez, your thoughts?
- [18:57]
D
That's correct, Wayne. We have sent in total hundreds of billions of dollars to Ukraine. We don't even know exactly how much we've sent, by the way. So not only do we not get an audit on the Ukrainian side where it's being stolen systemically, but even on the US Side, we don't know exactly. And in part because a lot of it's sent over via intelligence budgets and it's not publicly accounted for. But we know that it's into the hundreds of billions of dollars. But you know, Steve, if you want sort of a cheat sheet in politics to know who are the worst people in Washington D.C. ukraine is the issue you look at. And look at votes like this, not surprisingly, all the Dems voted for it. That should be the first red flag, obviously, you know, as you mentioned, but then also, which Republicans? And let me name some names. Here's some of the Republicans who voted for this madness. Fitzpatrick from Pennsylvania, Garbarino from New York, Lawler from New York, Jimenez From Florida, Mike McCall from Texas, Max Miller from Ohio. Those are a few of the 18 sellout collaborationist Republicans who believe that it's smart for America right now to borrow. We don't have this money to go and borrow at increasingly higher interest rates. To your point, Steve, to borrow $9 billion to send to the most corrupt leader in the world. And it's not an exaggeration to say that, yes, he is even more corrupt than Putin. He is even more corrupt than other dictators out there in the world. Everyone around him, including his number two, effectively the co, President Yermak, they have all been indicted. Many of them have fled overseas. They are fugitives abroad in hiding. This is a kleptocracy. It's not an ally of the United States. This war is not in the national interest of the United States. And yet we continue to borrow mountains of money that we cannot afford to borrow, to send to Ukraine at a time when economic anxiety in this country is at extremely elevated levels. So this needs to be called out, and these Republicans especially need to be called out for this treachery, really, against the American people.
- [20:54]
B
How did we not get the audits? Yermak, the Chief of staff, I mean, he's really the guy that runs the country. Zelensky is the, he's the, he's the poster boy. He goes around to Davos and gives speeches or comes to Washington. It's your Mac that does it. Your Mac is now indicted. How do we not have three years into this hundred? Your point is? So we've given them hundreds of billions of dollars in both weapons and cash. We're underwriting their government, I think the tune of $5 billion a month or Europe's throwing in some coin there, but we pick up a share of it. Why have we not gotten any audit to tell us where our money went?
- [21:29]
D
Yeah, well, There is no good explanation. I think one of the explanations, if we want to be really cynical, but I think this is probably correct. One reason we haven't gotten an audit is because a true, full, transparent audit of Ukraine would undoubtedly implicate a lot of Americans who are participating in the fraud. In other words, some of that capital, some of the massive skim that is going on, and I really shouldn't even call it a skim because that makes it sound like it's not large scale. Some of the large scale larceny that is going on of American money is ending up back in the pockets and bank accounts of Americans, of corrupt Americans and leftist American organizations, for example. So that is part of the scam here and part of why Washington is so eager to continue to fund this ridiculous war that again, doesn't involve a US Vital national interest. Part of why DC is so hell bent on funding it is because part of the proceeds do a U turn, they do a circle back to Washington D.C. itself. So I think that's one of the reasons that we haven't gotten a full audit. But listen, I'm confident we will. Here's the path. We've got to get to a ceasefire, and soon. And President Trump is the only person on earth who can make that happen. And I think he will make it happen. Once we get to a ceasefire, then we must demand elections. Zelensky's not going to just voluntarily hold elections. Right, which he has now put off for years because he doesn't want to face the Ukrainian people who have had it with his corruption. But once we force him to face an election, he will lose that election. And once he does, then a new government in Kiev can finally do what should have been done years ago, which is a full audit, full transparency over what happened. And I think if that occurs, by the way, if you think there's been a lot of indictments so far, there's going to be far more indictments from the United States. If you steal money from the United States is a crime against the American people. Doesn't matter where it happens. Right. It's sort of like those FIFA guys and we indicted them over in Switzerland. I'm confident that eventually we, the United States will end up indicting Zelensky. So we're going to go from being his biggest financial backers, I believe, to those who are charging him with crimes, crimes against the people of the United States, certainly crimes against his own people as well. But I think eventually that's where we go. And that's not a Crazy path. I mean, that can happen in the next year and a half, say, Steve. And in fact, I think it's likely to happen. I mean, this is, you know, a hope for a wish list kind of thing. I think that is likely going to be the path. But in the meantime, hey, Congress, hey, Republicans don't borrow billions of dollars to send into the kleptocracy of Zelensky and in Kiev. That is not what we sent you to Washington, D.C. to do. We don't have this money. We shouldn't be borrowing money for things that are not existential to the success of the United States. And this is the opposite of something that is integral to our success as a people.
- [24:09]
B
So in this wilderness of mirrors, which is the combination of the defense industry, the intelligence and Capitol Hill, I. E. The Deep State and their adjacent allies, we gotta look with total clarity on these things. Number one, Todd Blanche has been now nominated, is going to be nominated by President Trump very quickly to be Attorney General. You got Bill Pulte supposed to go over interim basis over to dni. The Republicans are holding up fisa that. Oh, so we don't do that. You know, they got the gun to the head. Oh, if you don't do this, we're not going to extend fisa. Also, Brandon Weickert, so Kurt Mill is going to join us on that momentarily. We've got Brandon Weikart on. We've been a big advocate. It's time now, because the strategic interests are totally separate, to stop giving Israel money. They can afford it. They can pay themselves. They're backdooring it into this integrated industrial base that passed last night. They're holding President trump up on FISA. Do we care about. FISA's the tool they've used to suppress us. Why do we care about fisa? Is it just. Is it just evaporate? Correct. And also this thing with Israel of combining. Oh, we don't want them. We know the Memorandum of Understanding. This will be the last one we signed. However, they want to merge the industrial basis. How does any of this make sense for the United States of America and her citizens, sir?
- [25:27]
D
Yeah. Well, the answer is it does not. It does not make life on Main street better for the United States. You're exactly correct on Israel. Israel is a wealthy nation that has been generously supported by the American people for going on a century now. And they promise that they're going to phase out or that, you know, they're going to eventually term out of being a charity case for the United States. Well, how about today? How about tomorrow? Why does this have to be years off in the future, Netanyahu? Why can't this be right now? And regarding fisa, Steve, I think you're exactly correct. This has been one of the most abused statutes in all of American history. Probably began with good intentions, right? To protect our nation against foreigners, especially foreigners operating here in the United States, but in fact has been unfortunately transformed into a weapon, a political weapon against those of us on the conservative and right wing side of the aisle. So I think it's much better to let this fade away because of how badly it has been abused and perverted over the years. So, no, on both of those points and then I'd say a related point of Ukraine, it's time to prioritize Main street usa. It's time to borrow less to try to get those interest rates contained and it's time to get to peace in Ukraine because nobody benefits except for the oligarchs, okay? The oligarchs of the US And Ukraine who benefit, unfortunately from continuing this war. Certainly regular Ukrainians do not. Right. Ukrainian men, Russian men have died, unfortunately, by the hundreds of thousands in a war that should have never happened, in that case can still be successfully diplomatically resolved. But that's not going to happen as long as we keep feeding the machine, as long as we keep pouring fuel, meaning American capital, into Zelinsky's kleptocracy, that has to stop. And unfortunately we saw just last night, where are the priorities, these Republicans? I mean, here's the thing, Steve, we're headed into midterms where we know the GOP has an uphill battle. I think it's a winnable battle, but it's uphill. Right. And primarily because of the economy. What kind of message does it send to struggling Americans who are upset about the bill they're facing at the grocery store, the bill they're facing at the gas station right now to say we're going to send $9 billion to Zelensky to a totally corrupt war that you have no interest in. America.
- [27:42]
B
Where do we get, where do we go to get your content, sir?
- [27:45]
D
Yeah, please go to Cortez investigates.com Cortez with an S at the end. Thank you so much, Steve.
- [27:50]
B
As a very wise man, Steve Cortez said the vital national security interest of the United States is the southern border of the United States, not the eastern Russian speaking border of two Slavic entities, Ukraine and Mother Russia. Short commercial break we got Kurt Mills, Brandon Weickert going to talk about FISA and this merger of the industrial bases. Next, The American health care system is broken. And for most Americans, nothing changes. There's still delays, denials, high cost insurance, roadblocks. So when I find people doing things differently, I talk about it all. Family Pharmacy is not your typical big chain pharmacy. This is an independent family owned pharmacy that gives you access to over 400 medications delivered straight to your door. They've got ivermectin, antibiotics, antivirals, nad, even your daily maintenance medications and so much more. If you already have a prescription, your doctor can send it directly. If you don't, their doctors handle it. As long as there is a medical necessity, they'll take care of you. And I'll tell you this, the feedback from people listening to this show and watching has been incredibly strong. People are using it, it's working for them and they're sticking with it. That's because it cuts out the delays, the middlemen and all the usual nonsense. This is about being ready before you need it. Go to allfamilypharmacy.com that's all one word, allfamilypharmacy.com Bannon and use code Bannon10 to save 10%. The health care system is broken. Your pharmacy doesn't have to be.
- [29:42]
C
I think another thing that's really important to keep in mind as well is what happened with fisa. You know, we saw kind of this failure to pass fisa, which is the government's surveillance program. I mean, that is now in danger of going dark some. Something that is a lot of lawmakers argue is pretty dangerous to the government. So that's another problem they are facing. A lot of Republicans revolting on that because of this Pulte appointment. All to say, at the same time, Democrats really trying to take advantage of this moment and the rifts within the party to force some of these politically damaging votes for Republicans.
- [30:20]
B
Let me have it. Just hold the rest. We got a great cold open there. But so folks, just to make sure this is your heads on right about this, we don't want FISA. FISA's been a tool of repression and now they're trying to hold President Trump hostage as they held him hostage on Save America. Act on all these different things by, oh, we're not going to work with you. We're not going to pass it unless you get rid of Pulte or we're not going to confirm Todd Blanche. Screw you, let it expire. This is like we're now in Alice of Wonderland. We're, you know, down the rabbit hole. Or the wilderness of mirrors, as they call the intelligence community. They're trying to confuse you in the fog of war. Let's make sure we are very clear about what our objectives are. We don't want to empower the deep State anymore. Look who is hammering about. Look who's hammering about. About fisa. It's Mark Warner, it's. It's Tom Cotton. Just those two. Lindsey Graham. That means out. Done, not interested. Brandon Weickert's about to blow your head up. Not only we talking about, and this is a misdirection play, Israel's plenty wealthy enough. Look, they have their own set of strategic interests and I'm a big supporter of Israel. I'm not a supporter of the Greater Israel Project. That's what's gotten us in this message. Certainly Netanyahu and the president not only said it then when Tel Aviv Levin and these guys came out, said, oh, it's a leak, it's all fabricated, it's made up. President Trump goes with Miranda Devine and confirms what he told Netanyahu. Now, this is in a war that President Trump is trying to wrap up and he got nothing but bad intelligence the entire time. On this, history will prove, well, first off, you can see factually right now, but history will prove me correct on this. So saying that, hey, they don't need any more money and they have their own strategic interest, they don't want to be a protectorate, fine, go do your own thing, but you got to pay for it. And we don't need 10 years. Sign another MOU. Sign another 10 years. And they know they're getting pressure. So we're going to stop it now. So what happens? You get an end run to merge our industrial basis and they present, oh, we're going to do trade now. Trade now. We do trade. We do our own thing and maybe we do joint projects or do we like to do the British? There's no merger. On top of that, Weikart's about to tell you they're trying to merge the intelligence groups. Now, I don't know why they would want to merge it since Mossad runs the deal over at the CIA. And this is why Tom Cotton is trying to take DNI and make it just some sort of post office box. This is why they hate Pulte being named over there. Kurt Mills. Let's start with fisa. Why do we. If Lindsay, first off, by definition, if Lindsey Graham, Tom Cotton and Mark Warner and Tim Kaine and I can keep going. If these, if the neocon Deep State House of Lords representatives want it on any topic. If they want it, we don't. So tell me about fisa. How can they possibly have a situation they're trying to hold the President hostage on, on an acting DNI director and his Attorney General that he wants and saying, hey, you know, FISA's not going to pass. We don't want it. How do we get in a situation that they think they can hold us up on this, sir?
- [33:41]
E
Well, it's a rather hilarious piece of leverage, as you've noticed. So it's probably a thing that President Trump's base does not want, and they're going to try to use it and intimidate the White House to potentially pull some of these nominees. I think this is an opportunity for Trump to sort of return to his populist roots and say he doesn't want this. As you just laid out, this is a long, long, long history of perpetuating the mistakes of the war on terror. This was a thing that was really spearheaded during the Bush administration and continued very controversial, controversially and lavishly under the Obama administration. And it's something that people have wanted President Trump in both terms to reform. And, you know, look, the president himself during Russiagate was probably a subject of inappropriate government spying and surveillance. This affects all Americans top to bottom. If they can get presidential candidates, if they can get sitting presidents of the United States or presidents elect, they can get anybody. This is, you know, the term deep state is probably abused. If this isn't a deep state, the deep state doesn't exist.
- [34:49]
B
No, no, but this is their tool that we were abused. Look, the pattern of evidence here is overwhelming. This started back in the spring of 2016 when they realized President Trump. After Super Tuesday, when they realized President Trump, then candidate Trump was real and Ted Cruz would never be able to stand up to him and he was going to be the nominee. And as I kept telling him over and over and over again, oh, by the way, this one, Ben Benji Shapiro accused me of turning Breitbart into Trump Pravda, when I just would tell people 100% metaphysical certitude, Donald Trump is going to be the next president United States. He'll beat Hillary Clinton. And people are laughing my face, hey, not going to win the primary. He's can't possibly be Clinton, et cetera, et cetera, et cetera. Well, you know who believed us? The deep state. That's what they started using this abuse of FISA to start monitoring people. It's got to go maybe years from now, something be worked out, but not right now. If they're threatened. This is what's absurd. The MAGA base hates this. Maga's been against this from day one. How can they possibly think that they can hold us hostage on President Trump needs men of action right now. He needs guys like Pulte over at dni. He needs although I think Tulsi's done a great job, obviously her husband's very, very ill. She just said yesterday. I think she's been in the hospital for the last couple days with him. He's going through surgery. He needs Todd Blanche to do an amazing job. They're holding up his nominees. The second wave of nominees over fisa. In what world does that make sense? KURT Mills well, the White House is
- [36:23]
E
officially pushing it, but I think the White House is inattentive. And you have people like, you know, your longtime associate Seb Gorka, the counterterrorism chief. These are the kind of sort of neoconservative voices in the White House who want to be a rubber stamp with this renewal. So, you know, you have a situation where I don't think the president is really abreast of the details here and you have facets of the administration that are pushing something that Bush would have wanted, that Biden would have wanted, that Obama would have wanted, that almost any non populist president of the United States would want. And the goal here is pretty clear by Hillhawks like Lindsey Graham, by the Tom Cotton's of the world, by, you know, people like CIA Director and former Secretary of State Mike Pompeo. They want to weigh Trump out and they want to get, you know, somebody less curious in there after him and keep this thing rolling. And I think this is an opportunity, you know, at this particular time, chaos is the latter. If this thing expires in June, I think some of the powers will remain for months and months and months. But if it is made, you know, oxygen is a bad thing for things like Pfizer. Surveillance and oppression only work when the population is not paying attention to what the government is doing.
- [37:34]
B
And now with Palantir and all these guys, you see him at the White House all the time. This has got to be shut down. Brandon Weikart, let's start with your thoughts on, on, on fisa. But I want to get into what happened last night with this. We're now emerging industrial basis. This is a workaround to the we identified the memory of understanding has got to go. No more money. If they want their own strategy, that's fine. They don't need to be a protectorate, you're an independent nation state, Go for it. If you want to do that, that's fine, but that's on you. Now we got, now we're merging. Now we're something much darker and more troubling. And you've now dropped the bomb on us that they're going to do with the intelligence agencies. Also, give me your thoughts first on fisa. How are they holding this hostage on fisa?
- [38:15]
F
Well, I think Kurt, Kurt put it best, and I would just remind everybody FISA emanated from Jimmy Carter's administration. So I don't know why anybody on the right would want this thing passing. And I think that right now the Deep State is trying to wait out Trump with this. And so I think we're gonna have to wait and see because FISA has a massive amount of bipartisan support. And I would just also remind everybody the NSA is heavily, heavily dependent on not just the FISA courts with all the electronic surveillance, but all these data centers, Steve, that you've been talking with Joe Allen about for years. The data centers are not just about AI. That's sort of a false, you know, notion. It's really about providing greater bandwidth to the surveillance state. There's a facility in Utah that the NSA built that basically harbors all of the collected transmissions of every American citizen since the Patriot act was passed in 2001. And the NSA has been desperately trying to use AI and other ways to collate and, and sort through all of that information to create a digital electronic profile of every single American. It is the greatest violation of the Fourth Amendment in American history. So I think that we should get rid of it, but I don't yet know if Congress is willing to do that.
- [39:33]
B
Oh, no. Congress is an adjunct to the, to the Deep State. You saw the 18 collaborationists last night on, on, on Ukraine. Give me, now give me the bad news about this workaround I want to talk about, because didn't they do this by, by just a voice vote? They didn't want their names on the record. Talk to me about the merger of the two industrial bases here.
- [39:54]
F
Yeah, so I just want to give a shout out to. And I know he's a Democrat, but Ro Khanna bathed himself in glory yesterday at that committee. He was the only one who had the gumption to stand up and try to get this thing stripped out, which is section 224 of the NDAA. And of course, bipartisan agreement killed his attempt to, to remove it, but he fought the good fight nonetheless. It does look like it's, it is now going to the floor. Massey is saying he will try to get it stripped. But the key thing here to understand is obviously there is a bipartisan support for integrating our defense industrial base with Israel's defense industrial base. Their argument is this actually short term benefits the United States because basically we can't produce and mass massively scale up advanced technology quick enough. Israel can help us do that. But of course it's a one sided deal because Israel really is going to be gaining access to all of our systems at a much greater clip than we'll gain of theirs. So this is all a means of backdooring the support. And I am again fearful that with the level of bipartisan support, unless the war room posse can get people to call Congress every day from now until the floor vote, until we can pressure these people, they might get this.
- [41:15]
B
Hang on, hang on, hang on. We'll do it, we'll do it. But I just want to step back for a second.
- [41:19]
D
Yeah.
- [41:20]
B
What is the logic of this? What is the argument for why this makes sense for the United States of America? We've never done this. Even given the special relationship with the Brits, we don't have this. And that seems to be working. Well, I don't. This thing seems so dramatic and it seems like a workaround because now we've identified we're not going to be giving them any more money or free arms. Right. Those days are over. That this a workaround just take a minute here or 90 seconds to walk through exactly what is the merger of these two industrial bases.
- [41:49]
F
Well, the proponents in Congress are saying it'll give us access to advanced quantum computing systems, will basically be able to take any advanced technology that they're developing in Israel, pick and choose what we want, and then we can bring it over here and scale it and vice versa. The Israelis will be able to do that. And according to the supporters, because we're so aligned with Israel on everything, it'll benefit Israel because they're doing our bidding for us in the Middle East. That's what the proponents say. But obviously the more nefarious side is that this allows for Israel to have foreign aid cut off without actually losing foreign aid from us. It just goes in through section 224
- [42:30]
B
and yeah, okay, but here's the point and we're going to go break. Kurt, stick around. I want to get to the intelligence part of this and get your thoughts also. Here's the bottom line and I think this is healthy. They're not a. They don't want to be a protectorate. There's a bunch of blowback in Israel on that. That word I pushed has become their third rail. They don't want to be a protect, that's fine. They're an independent nation state. They should have their own strategy. Their own strategy should also be backed up by the military capabilities and where we can work together. We work together. What you just said right there. Hey, how about this? Congress, let's go a la carte. If they've got something in quantum computing, we do some joint project. We do it all the time with nations. This is a workaround. And the proponents say, well, now. So strategic, no? The call the other day where we are in the Iran war shows you Israel has its own interests. It still wants to take down the regime, but more importantly, it has things it wants to do in Lebanon and with other proxies that are not now in our purview. They are an independent nation state. It's time to be an independent nation state. If you're 65 or already on Medicare, listen up, folks, and grab a pen, maybe even a number two pencil. Call 845-WAR-WOOD. 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.
- [45:15]
G
American people are tired of the arrogance and insolence of Prime Minister Netanyahu. Telling America what we should do. The entire country of Israel has a GDP that is less than a single town, my district. Yet somehow Netanyahu thinks he could tell the American people what we should do. The person who's most upset with him right now is President Donald Trump. And everyone in America, whether you're a Republican, an Independent, or a Democrat, says that we need to tell Netanyahu that America calls the shots, not the Prime Minister of any other country. They want less. Less cooperation and blank checks to Israel, not more. Only the United States Congress would dream up at this moment. Let's actually do more for Israel, not less. And that's what section 2024 does. It's a pretty simple thing. Should we do more for Israel than we already do, or should we do less? If you think we should do more for Israel, you should be against my amendment. If you think we should do less for Israel at the time that he's arrogantly telling Donald Trump what to do, then you should be for my amendment. Now, let me just be clear. Mr. Netanyahu actually wrote to a member of Congress to put this section 224 into the bill.
- [46:41]
B
This is clearly a workaround. Don't take my. And don't, don't get upset with me. You can be, but it's Trump. Think about when that leaked the other day. Mark Levinsky. There's gotta be an FBI investigation and people have to be arrested. Yo, Mark. It was a guy named Donald J. Trump that told the media. Okay. And then he told it again with Miranda Devine. This is more than just aid, though. I don't think ROE actually framed it in the best way because this is different than just giving aid and weapon systems. This is now integrated in. Like you're one thing. We saw the problems with this in the Iran war. Where did we see the problems in these joint command centers? We still don't know. I mean, we know, but we won't come forward and say it. Two issues that arrived that drove the entire direction of this war was that first Saturday night, or maybe the second Saturday where they, where the Israelis bombed the oil refinery capacity or storage facilities in Tehran and tried to turn it into Dresden. Remember the finger pointing on that? How did that happen? Oh, we made a mistake. We didn't tell. You can't make mistakes. These are joint, joint groups. Number two was when they decided of their own to go bomb the gas facilities in the Persian Gulf that are jointly held by the Persians and the in Qatar, but managed by Qatar. That shifted. As you remember. If you follow the show, the center of gravity of battle. What Napoleon would talk about in Clausewitz, the center of gravity of the battle to the Persian Gulf, where it has never returned back to Tehran. And what we was initially our strategic center of this campaign. And hence we are where we are. You can't integrate these two defense bases. That is just totally, completely inappropriate. It's never happened in the United States. We are an independent nation. They are an independent nation. It needs to start operating like an independent nation. They don't want to be a protectorate. If you want to be a protectorate, then, hey, we tell you what to do and you're just going to give us a cheery aye, aye and do it. If you want to be independent and you should be independent, you have to, you got it. You got to get off of these concepts and particularly this. This is Netanyahu trying to be a wise guy. This is just trying to be a wise guy. Kurt Mills, this one I find the most reprehensible and greasiest of all. Right, your thoughts on this, sir?
- [49:24]
E
Yeah, I mean, look, Congressman Khanna is going after maga's votes. I think it's pretty clear he's interested in running for President 2028. And you know, that's the kind of boisterous sort of backbench house speech that gets attention at a time when people are very frustrated with the US Relationship with Israel. What is broadly going on here, and I think you correctly amended or improved upon his comments, is that the Israelis are trying to front load a bunch of arrangements with the United states in the 2000s before the worst happens to them in the eyes of the American public. They know the die is cast. They know the clock is ticking and that younger generations are revolted by the way we treat this, quote, special relationship that we might not have much relationship at all in the not too distant future. So what does the Netanyahu administration and the broader Israeli state push for? They want to have a 20 year MoU memorandum understanding that's going to come up fairly soon. They want to embed intelligence sharing and military collaboration throughout the government in ways that, you know, really require a lot of attention to extract. And you know, a lot of these congressmen don't read these bills, don't want to touch the, the hot issue of Israel, even though it was, it was absolutely crucial to the mistaken decision to go to war. And some of the most reckless elements of this war. You flagged the oil facility bombing. They either did not tell the administration that or just thought they could get away with it with no reprisals or consequence. I mean, this is who we are dealing with here. This is, this is a. This is a tail that wags the dog. And, you know, I think it is, it is high time for recalibration of the relationship.
- [51:15]
B
Kurt, hang on one second. I want to go back and Kirk, if you can stay through the. A short break, I want to keep you on because I want to get into Brandon Weickert. Brandon, give me a minute before we go to break of the second bombshell you're dropping on now. It's bad enough by the industrial basis they want to merge the intelligence apparatuses.
- [51:30]
F
Yeah, that's correct. Section 622 of the Intelligence Authorization act is currently being rending its way through the United States Senate. It is not a coincidence that this is being pushed at the Same time section224 is. Basically, it moves Israel from a transactional partner to a trusted partner of the United States. And the only reason it was a transactional partner for the last several decades is because there's verified evidence that the US Intelligence community cannot trust Israel's intelligence services the way that it trusts the five eyes. That's the Anglosphere, Britain, you, us, the Canadians, New Zealand and Australia combined into one seamless fusion. We don't include Israel because we know we can't trust them. But that is now going to change fundamentally if this section 622 passes in the final version.
- [52:27]
B
I think there's some investigations going on right now that would be bombshells that might put some exclamation points next to trusted. I tell you what, you guys stick around, take a short commercial break. Here's what I'd like. If Mossad would tosses the keys back from the the CIA, maybe we do this. They're running the deal. Exquisite intelligence. If the intelligence was so exquisite, why are we are where we are? If it was so exquisite and presented to the President of the United States factually, why are we where we are? Short break. Back in a moment. This year marks a critical moment for our country. As the opposition grows more aggressive and more unapologetic, the fight now reaches into the everyday decisions we make. Patriot Mobile has standing, has been standing on the front lines fighting for freedom for more than 12 years. They just don't deliver top tier wireless service. They are activists like me and like you in the war room posse who truly care about this republic and saving our country. Patriot Mobile office prioritized premium access on all three major US networks, giving you the same or better coverage than the main carriers themselves. That means fast speeds and dependable nationwide coverage backed by 100% U S based customers service. They also offer unlimited data plans, mobile hotspots, international roaming and more. With a simple seamless activation, you can switch in minutes, keep your number, keep your phone or upgrade. And here's the difference. When you switch to Patriot Mobile, you'll be part of a powerful stream of giving that directly funds the Christian conservative movement. Take a stand today. Go to patriotmobile.com bannon or call 972 Patriot. That's 972-patriot and use promo code Bannon for a free month of service. Don't wait, do it today. That's patriotmobile.com Bannon or call 972 Patriot and join the team today.