WarRoom Battleground EP 672: Criminals Robbing From The Future To Get Elected

Summary

War Room Battleground EP 672: Criminals Robbing From The Future To Get Elected

Host: Stephen K. Bannon
Release Date: December 14, 2024
Podcast: WarRoom.org
Description: In this episode, Stephen K. Bannon delves into the critical issues facing the United States, including government spending, national debt, labor statistics integrity, and escalating geopolitical tensions. Featuring insights from capital markets expert Ed Dowd, the discussion highlights the urgent need for political engagement to combat perceived governmental overreach and fiscal irresponsibility.

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1. The Battle Against Government Overreach and Fiscal Mismanagement

Timestamp: [00:07]

Stephen K. Bannon opens the episode by emphasizing the ongoing struggle against what he perceives as oppressive governmental actions. He urges listeners to remain vigilant and engaged to prevent authoritarians from gaining unchecked power.

Stephen K. Bannon: "If you continue to look the other way and shut up, then the oppressors, the authoritarians get total control and total power." ([00:07])

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2. National Debt and Deficit Spending Concerns

Timestamp: [07:04]

Bannon introduces guest Ed Dowd from Hawaii to discuss the burgeoning national debt and the impact of deficit spending under the Biden administration. Dowd criticizes the government's expenditure on illegal immigration and military support, asserting that these actions are unsustainable and detrimental to the country's future.

Ed Dowd: "They are literally robbing from the future to get elected." ([08:40])

Dowd highlights the alarming increase in deficit spending, noting that the recent figures are comparable to crisis levels seen during the Great Financial Crisis. He attributes this spending to efforts to secure reelection by injecting "sugar juice" into the economy through means he deems ineffective and harmful.

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3. Labor Statistics Integrity and Potential Fraud

Timestamp: [07:04 – 20:35]

A significant portion of the discussion centers around the integrity of labor statistics in the United States. Ed Dowd references a report from Zero Hedge, which points out discrepancies between the Bureau of Labor Statistics' (BLS) non-farm payroll numbers and the Quarterly Census of Employment and Wages (QCEW).

Ed Dowd: "The last couple months, this spending is unconscionable... This is a disaster waiting to happen." ([07:04])

Ed Dowd: "If there is fraud, this affects three distinct entities... the Fed, corporations, and the capital markets." ([15:40])

Dowd argues that the significant disparity—identified as a seven-sigma event—between these two data sets suggests either severe bureaucratic incompetence or deliberate fraud. This discrepancy undermines confidence in economic data, potentially destabilizing capital markets.

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4. Seizing Russian Assets and Implications for the U.S. Dollar

Timestamp: [12:45 – 14:53]

The conversation shifts to the Biden administration's unprecedented move to consider seizing $20 billion of frozen Russian assets to fund the Ukraine war. Ed Dowd explains that this action deviates from historical U.S. practices and could accelerate efforts by the BRICS nations to move away from the U.S. dollar as the world's reserve currency.

Ed Dowd: "This is something you would do definitely to wobble the reserve currency status." ([13:31])

Dowd warns that such measures may erode global confidence in the U.S. dollar, spurring de-dollarization and weakening America's financial influence internationally.

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5. Trump's Potential Preemptive Strike on Iran's Nuclear Program

Timestamp: [20:35 – 22:39]

Stephen K. Bannon discusses a Wall Street Journal report indicating that President-elect Donald Trump is contemplating preemptive airstrikes on Iran to halt its nuclear program. This strategic shift marks a departure from previous U.S. policies focused on diplomacy and sanctions.

Stephen K. Bannon: "President elect Donald Trump is weighing options for stopping Iran from being able to build a nuclear weapon, including the possibility of preventative airstrikes." ([21:00])

Bannon emphasizes the severity of the situation, suggesting that inaction could lead to a broader conflict, reminiscent of historical global tensions before major wars.

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6. Geopolitical Tensions and Potential for Escalation

Timestamp: [22:39 – 23:35]

Ed Dowd expresses skepticism about the authenticity of the Wall Street Journal leak regarding Trump's military options, fearing that it could be a tactic to manipulate Trump's decisions or incite market instability.

Ed Dowd: "This adds another element of escalation to already global tensions." ([22:39])

The discussion underscores the precarious state of international relations, particularly concerning Ukraine and Iran, and the potential for these tensions to trigger wider conflicts affecting global stability and the U.S. economy.

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7. The Urgency of Political Engagement and Economic Reform

Timestamp: [23:35 – 24:37]

Bannon stresses the critical need for political action to address the nation's fiscal and geopolitical challenges. He advocates for supporting the incoming Trump administration to implement policies aimed at reducing the deficit, securing the border, and curbing unnecessary military interventions.

Stephen K. Bannon: "We're going to need to correct, especially the stock market. It's not the end of the world." ([23:35])

Bannon calls for immediate reforms to prevent the perceived erosion of American economic and political integrity, urging listeners to remain proactive in supporting these initiatives.

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Conclusion

Timestamp: [54:05 – End]

As the episode concludes, Bannon reiterates the interconnectedness of the national debt, flawed economic data, and escalating international conflicts. He warns of the dire consequences if these issues remain unaddressed and emphasizes the necessity of decisive political action to safeguard America's future.

Stephen K. Bannon: "We're hurling down that path... Don't put it past these folks." ([24:37])

Bannon closes with a call to action, urging listeners to take steps to protect their financial well-being and remain engaged in the political process to effect meaningful change.

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Notable Quotes

• Stephen K. Bannon: "If you continue to look the other way and shut up, then the oppressors, the authoritarians get total control and total power." ([00:07])

• Ed Dowd: "They are literally robbing from the future to get elected." ([08:40])

• Ed Dowd: "The last couple months spending is unconscionable... This is a disaster waiting to happen." ([07:04])

• Ed Dowd: "If there is fraud, this affects three distinct entities... the Fed, corporations, and the capital markets." ([15:40])

• Stephen K. Bannon: "President elect Donald Trump is weighing options for stopping Iran from being able to build a nuclear weapon, including the possibility of preventative airstrikes." ([21:00])

• Ed Dowd: "This is something you would do definitely to wobble the reserve currency status." ([13:31])

• Stephen K. Bannon: "We're hurling down that path... Don't put it past these folks." ([24:37])

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Final Thoughts

In this episode of War Room Battleground, Stephen K. Bannon and guest Ed Dowd present a critical analysis of current U.S. fiscal policies, labor statistics integrity, and escalating international conflicts. They argue that unchecked government spending and flawed economic data pose significant threats to America's economic stability and global standing. The discussion underscores the urgency for political engagement and policy reforms to address these pressing issues.

Listeners are encouraged to stay informed, support initiatives aimed at reducing national debt, and remain vigilant against what they perceive as governmental overreach and fiscal mismanagement.

Transcript

[Stephen K. Bannon]

This is what you're fighting for. I mean, every day you're out there, what they're doing is blowing people off. If you continue to look the other way and shut up, then the oppressors, the authoritarians get total control and total power because this is just like in Arizona. This is just like in Georgia. It's another element that backs them into a quarter and shows their lies and misrepresentations is why this audience is going to have to get engaged. As we've told you, this is the fight. All this nonsense, all this spin. They can't handle the truth. War Room battleground. Here's your host, Stephen K. Bannon. Okay, wow. A lot to get through in this hour as we wrap up another work week. Get a great show tomorrow. Don't miss it. Got Ed Dow in from Hawaii. Doesn't that sound great? Everybody up freezing their tush off in the Midwest, in the Northeast and even down in the south, very cold, even in the imperial capital. Birchgold.com is the sponsor. Birchgold.com Bannon into the dollar empire. Got modern monetary theory coming out. Make sure you get on there and order. Put your name in on by phone banning at 989-898 request. They got all the free information kits on IRAs, 401ks how to actually own gold in this current environment. It's a hedge against times of turbulence. Ed dowd, I've been wanting to have Ed on for a while because I read his Twitter feed and, you know, it's pretty scary. Ed's a very smart capital markets guy and I got a couple questions for him. Ed joins us. Oh, Amfest. Amfest is going to start next Thursday the 19th. I will be one of the first night speakers along with tucker Carlson, Don Jr. And myself, a couple other folks. Amfest.com put in Bannon or War Room. Excuse me, Put in War Room and you get a 25% discount on general mission ticket. We're going to be doing a lot of stuff there. Grace and Mo will be coming out with kind of an order of events of what we're going to do. We're really looking forward to it. Great way to end the year. Great way. Looking for all the if you're in the local area in Phoenix, easy to get to make sure you sign up. If you're coming from around, you couldn't have a better way to kind of kick off Holly season. Be a lot of fun celebration, but also a lot of serious stuff about going forward. The great Ed Dowd joins us. Ed, a couple I got. I got $50 billion. Here's what concerns me. They're just number one. You're going to kill more people like this. Those folks are patriots for the country. They're standing up for the country that's going to get mauled. This is why you have 500,000 casualties in the Ukrainian or more. And you get, I don't know, a couple hundred thousand. Five hundred thousand, I hear, up to debt. That's not going to stop the Russian army. Just not. I realize it's patriotic and you're doing the best for the home team, and you got that. But it's just. That is just useless, meaningless slaughter. And that's what's happening. Let them down the primrose path, but maniacally, instead of putting their pencils down, they're just up in your grill. And you got $50 billion loans here. Arms shipments going here. We don't have any more. We don't have any more ammo left. I'm not so sure. We got the guy, the admiral over from the South China Sea said, hey, yo, yo. If the balloon goes up with the Chinese. And I'm just repeating what Kreps is telling me. He Krebs, who told me that the election in 2020 was the most secure in human history. And then he comes in 2024, and he's going, they're in our grid, they're in our water system. They're in, you know, they're in the coffee systems. I mean, they're in. Boom. But they're everywhere. He said they're everywhere. They're all over in every system, except for the machines. I'm not a machine guy, but it kind of jumps out the page at you. Then I got the situation with the drones. President, United States, Trump, and, like, he's president, right? Even msnbc, they're crying in New York Times, they're weeping. He's boom. He goes to Notre Dame Cathedral. Was Biden there? No. And Biden's a big Catholic. He's always rubbing your nose in his Catholicism all the time, right? He's a Notre Dame. No. Trump shows up like Charlamagne. They're all trying to touch the jacket. And, you know, it's unbelievable, all the guys that hate him. You know why they hate him? Because he made him go to 2%. Now he's making him go to 3%. Right there. The headline, that's where they hate him. Because all those people over there love to have that steal that money, if they could. Now you got the border, Oscar Blue, Ramirez and Ben are one of the reasons that this became a big issue, because they put themselves in harm. So all the way from the Darien Gap, hell, they went through the daring gap when the BBC and CNN and nhk, they couldn't pick it out on a map. These guys were down there. They're down there now saying, hey, guess what? They got the app. And the cartels of guys are giving us stink eyes because they just want as many people. They're down there on the Beast. They're at the little train station right where the beast comes through. Beast comes through. All aboard, boys. Get up here. Cartels got your money. Get up here. We got to deliver. You got to deliver the goods. Except for Mayor Adams today. Hey, Mayor Adams. Mayor Adams going full ultra maga. Ultra Maga. According to Elon Musk, who's now under investigation by the SEC for being ultra maga, Mayor Adams goes. He goes buck wild today. 500,000 kids are missing. Not Breitbart, not Gate, not the Hoffs over Gateway, not Darren Beatty, not the great Citizen Kane. Nope, it would be the Mayor of New York. A Democratic mayor of New York, I might add. Of all that being bad, the invasion and the wars, I got to tell you, those are bad. And we got to figure them out. You got to get rid of these folks. Everything but something existential. And you're not going to pull it back. We're adding a trillion dollars every month and you're just not first. I'll turn it around, but once it's there, it's there. Once it's up on the balance sheet, it's never going to get paid back. Hell, we got over a trillion dollars in interest and Ed Dowd's here to tell me. Hey, Steve, I got bad news for you. It's worse than you think. This is where I had to get Dowd on here for a Friday. We're going to send you to happy hour and you're really going to need a happy hour. Put the wines and the beers away. Go right for the hard stuff. Ed Dowd, let's talk first about the zero hedge thing. The first two months of the fiscal year. October, November, an all time record. 624 billion. And they had the sub headline. Hey, Elon and Vivek and the Doge crowd suck on this. This is a runaway train and the runaway train is going to run you over. Your thoughts, Ed? Doubt.

[Ed Dowd]

Well, I heard Scott Bess and done your show put it best. It looks like the spiking of the cannon continues at accelerated speed. The last couple Months here. It's criminal what we're seeing. And it's only going to add to the problems in the Trump administration as a lot of his policies are going to unwind all that spending. Some of that spending does leak into the economy, but most of it has been marginal productivity, negative government jobs, illegal immigration, handouts and party favors to the Democratic donors. So this is a disaster waiting to happen. And I got unfortunately even more bad news when we get into talking about.

[Stephen K. Bannon]

Okay, hold on, before we get off that, before we get off that topic, you're going to give us more bad news. Why do you say it's criminal? I say it's incompetence. Hey, I'll go criminal in a second. But why, you're a capital markets guy. Why do you say, when you look at. And zero hedge implied it, zero hedge. They put their toes right up on that line about criminal activity. It's kind of what this email, which is kind of shocking about Elon because I know Spiro and Spiro does not send a letter like that to the SEC unless he's trying to beat something back. And they're implying more than just a civil charge. And I think they've given Elon like 24 hours or to Monday morning to sort it out and pay some sort of fine to make some sort of restitution. I don't know what, I don't know the details. But why do you say what the government has done, what the Biden regime has done is criminal, sir?

[Ed Dowd]

Well, look, the last 18 months this economy has been floated by crisis, deficit spending, crisis level spending, meaning we've had running debt to GDP ratio, our deficit spending ratio of 8%. We did 10% in the great financial crisis. What kind of crisis is going on here? I'll tell you what the crisis was. It was to get them reelected and hide a recession that should have showed up at the end of 23 and 24. And they gave the economy a bunch of sugar juice. And a lot of that juice was illegal immigration, handing out stimmies in the form of monies to NGOs to facilitate this direct payments to illegals. It was a tremendous amount of money we let in under the Biden administration, 10 to 15 million illegal immigrants. And this has been a short term juice to the economy. On top of that was the unprecedented government job hiring that went on. I think there was like 750,000 in the month of September alone. These two things that we've added crisis or added to our national debt. The marginal productivity of both those activities is negative. So that's criminal. In my mind. They are literally robbing from the future to get elected.

[Stephen K. Bannon]

Now I want to say something about what Ed just said. It's 8%, which is in a crisis like World War II or something like that. And Keynesian theory, I don't know, go to 10%. But these are massive numbers when you're not actually in a crisis. And we've passed the pandemic in France And I just want folks to understand this. The government of France fell for the first time, the parliamentary part of it, for the first time since 1962. A vote of no confidence. What was that about? They're at 6%, which is killing them because you can't have a deficit percentage of GDP at that high when you're not the prime reserve currency because how in the hell are you going to finance it? So they all collectively agreed we got to get from six, we have to get the three right away. How are we going to do that? We're going to raise taxes and cut servers, do things. All of it. The first cut, the elites in France put it all on the working people. It was going to be, I guess, the medical insurance, different things that working people depend upon. And Marine Le Pen said, hey, we're not going to do that. We had an alternative. They came back and said we're going to stop sending money back to Brussels, we're going to stop sending money to the French still the rest of the French colonies in the Levant and in Lebanon, Syria and sub Saharan Africa, different places. They're trying to be big shots and still keep the little rump of the French empire. They said we're gonna do that. And they had a fight and they had a vote and the government fell. This is what we're in now. And what Ed's saying, what Bessin's saying that everybody's saying, hey, we're at, I don't know, we're at 6, 7, 8%. It's insanity. And if you look at what's the first two months, you almost border. Is this in comp. Is this acts of omission or acts of commission? You have to ask that question. You're gonna have to investigate this. This is another investigation that's gotta take place. Cuz nobody can kind of figure out what the hell they're doing. Doubt. Am I too far off on that? And this is going to lead that. Getting that from 8% down to 3%, which is Scott Besant's. Remember the 3.33% of deficit to GDP 3% growth and 3% of 3 million barrels per day of production for us to get from the eight or the three. Lord have mercy. That's going to be, that's Doge level stuff. And you're not going to do that with the NDA. On the military spending of 900 billion, I'm throwing out a random number. 900 billion. Ed Dowd, you're not too far off the mark.

[Ed Dowd]

The last two months spending is unconscionable and you know, it's such an outlier. You have to say to yourself, what's going on? Is there criminal activity going on where they're just handing out money to their favorite NGOs? We don't know what's going on. Like you said, there needs to be an investigation of what happened the last two months service. It's insane.

[Stephen K. Bannon]

So I want to go to your tweet. This is from Ed Doubt earlier today. The US weeks before a new administration decides to steal frozen Russian assets. Settling, setting a new precedent escalates tensions and gives a boost to the BRICS de dollarization plans. US $20 billion to Ukraine to be repaid from Russian assets. Ed Dow, tell us what we're doing here. This is a combo platter where you merge in the disasters financially to the war. So you got columns one and two are now merging, which they're all going to merge before long when you're going to have a thing called a, wait for it, a crisis in America. Ed Dowd, what in the hell? They're stealing Russian assets. How are they doing this and backing these loans?

[Ed Dowd]

Jim Rickards pointed this out months ago that the Biden administration was floating the idea of seizing some of the assets of the Russians to pay for the Ukraine war. We've never in the history of the US taken someone else's. We've frozen their capital, but we've never taken their money. If you want to give credence to the brics and a de dollarization effort, this is something you would do definitely to wobble the reserve currency status. So Biden in October signaled he was going to do this. Yellen just pulled the trigger on Tuesday with all the news going around, a lot of people didn't see it. I didn't see it until today. And basically 20 billion of what they're giving to Ukraine is going to be backed by Russian sovereign wealth assets. And now they haven't taken it yet. And so it's contingent upon Ukraine paying back that loan. And if they don't, obviously they'll steal the money and there's some legal challenges going on in the eu. So it's not a done deal. But Janet Yellen stated the intent and she's sending, quote unquote, a strong message to Russia for their part in the war that they have to pay. So this is unprecedented. It's going to chip away at the confidence of the dollar. The good news is hopefully when Trump gets in there, this can be fixed unwell.

[Stephen K. Bannon]

But we did not do this to Imperial Japan and we did not do this to the fascists in Italy and we did not do this to the Nazis and we didn't do it to the Soviet Union, which we had nuclear weapons pointed at each other's heads. Didn't do it there, but got to do it to the Russians now. Got to do it, got to do it. Same people rubbing up and loving on the Bolsheviks, loving on Stalin and that crowd. So, Ed, now we get to the bad news, folks. That was an appetizer. That's the best news we got in this segment. Ed, tell me about this chart and tell me why, when you saw it, you got it over to me and said, hey, I got to get on. Explain this to the to the posse. Tell me on a Friday afternoon right before happy hour, what does this chart mean and why is it bad news?

[Ed Dowd]

Yeah, if you can put up the chart, I can walk us through it. This is a chart of the qcw, which is the quarterly census of employment and wages versus the non farm payroll. Now this is both done, these two series are both done by the Bureau of Labor Statistics. And the non farm payroll is the estimate, the monthly estimate we get every month. And the QCEW is reality after the 16 million institutions report the actual wages and salaries and employment numbers. And it's a lag. So this report is ended June of 2024. It came out in November. And if you look back to 76, there is a disparity between the two series, but over time they should average around zero. We just had the most significant disparity to the downside of employment between the reality the QCEW and the non farm payroll of one and a quarter percent, which actually roughly translates into one and a quarter million jobs. And if you can see that little spike down, that was the last QCEW report that was published in November for June ended 24. That little spike down is a seven sigma event. So what is that telling us? That's telling us that we've either had gross bureaucratic incompetence or fraud or a combination of the two. It's been my contention and Zero Hedge and a lot of economists that something funny was going on with the non foreign payroll numbers. Even Jerome Powell referenced in one of his FOMC meetings. So this is, this is a leading indicator that something went horribly wrong at the bls. The real numbers are much lower. And this has implications for other departments that calculate statistics. The bea, the Bureau of Economic Analysis is already, because of the QCEW report that came in June, has already revised down some of the income accounts. They're responsible for GDP. I'm sure they'll be revising that bogus 3% GDP number down. And again, this is private sector versus private sector. This is without the government jobs. And going forward there's going to be even more bad revisions because I think September, when the September QCEW comes out, and that's going to come out in February, the Trump administration is going to be hit with more economic revisions to the downside. And I wonder if the BLS is going to find reality once Trump gets in there. So this is starting to work its way into the capital markets. I personally think there's a combination of fraud and bureaucratic incompetence. If there is fraud, this affects three distinct entities that have made bad decisions on this economic data, the Fed corporations and the capital markets. And this has potential to rock the confidence in the capital market.

[Stephen K. Bannon]

Hang on. But here's what I don't understand. Help me out here. If this was a publicly traded company, the SEC would be in here in a second kicking down the door and putting shackles on the CEO and the CFO and frog march you out because you gave massively misleading information. Why? Since people trade off this stuff and they take it, the government numbers, particularly from Bureau of Labor Statistics, which we've had a big problem in with, is supposed to be like Caesar's Wife. This doesn't sound like it's just incompetence, that there's something else going on here. And why is the SEC going after Elon Musk for the Twitter transaction when this thing looks like it's 10x bigger? Sir.

[Ed Dowd]

I don't want to get people panicked, but this reminds me of the Big Short. Except with the US economy, this is the implications.

[Stephen K. Bannon]

What do you mean? What do you mean?

[Ed Dowd]

Meaning that lots of institutions are on the wrong side of lots of investments and trades due to falsified or very incompetently collated information about the economy. And I would also contend the stock market and a lot of markets structure has changed since I was doing this in the 0809 crisis. It was 70% fundamental investors running capital markets. Now it's 5% fundamental investors in the stock market, 95% passive and algos and computers that run off of the statistical data but don't there's no human input. They take the numbers.

[Stephen K. Bannon]

I want you to respond to this.

[Ed Dowd]

They take the numbers as gospel.

[Stephen K. Bannon]

Yep. Because it's supposed to be. Ed, I want you, I'm illusion in a second, but I want you to respond to this. Breaking on the Wall Street Journal Even as we speak, folks, take a seat. If you're, if you're walking around, stand up, you're going to want to be sitting down for this headline. Wall Street Journal just across the wire, Trump team weighing options for preemptive airstrikes on Iran's nuclear program. Let me repeat, Trump team weighing options for preemptive airstrikes on Iran's nuclear program. And I want to read, quote, this is quoted from the Wall Street Journal a Friday afternoon. President elect, and I quote, President Elect Donald Trump is weighing options for stopping Iran from being able to build a nuclear weapon, including the possibility of preventative airstrikes, a move that would break with the long standing policy of containing Tehran with diplomacy. And sanctions continue on. Quote, Trump has told Israeli Prime Minister Benjamin Netanyahu in recent calls that he's concerned about a Iranian nuclear breakout on his watch, two people familiar with their conversations said, signaling he is looking for proposals to prevent that outcome. The Wall Street Journal report continues. I quote, the president elect wants plans that stop short of igniting a new war, particularly one that could pull in the United States military as strikes on Tehran's nuclear facilities have the potential to put the US And Iran on a collision course. Ed, your thoughts as a capital markets guy on kind of that bombshell coming across the wire from the Wall Street Journal, sir?

[Ed Dowd]

Well, first, because I don't trust the mainstream media and without knowing what's going on, I'm wondering if it's a bogus leak to force Trump's hand or what have you. So, you know, until I'm the kind.

[Stephen K. Bannon]

Of guy, President Trump, I will say this, hang on, let me say this. President Trump has not come out and denied this. It's two sources. Clearly it's implying that one of the sources is close to him and one of the sources is close to the Israelis. So that's just implication. He may come out in a few minutes, but he has not, he has not come out and he has not come out and denied this right now.

[Ed Dowd]

Well, that certainly isn't good news for the capital markets. It adds Another element of escalation to already global tensions. The Syria conflict is quite serious with the fall of Assad opens up a huge power vacuum there and now chatter about this is not exactly something that makes me excited, to be honest.

[Stephen K. Bannon]

Ed, how serious is the situation with the debt with the phony numbers or potentially phony numbers, the numbers that don't make sense on labor and other things. How serious a jam does Ed Dow believe we're in?

[Ed Dowd]

Well, I was actually more frightened of what was going to happen if Harris got in there. The good news is we have a chance now. So, you know, the new administration is new and if it's, if it's uncovered that the numbers have been a little wonky and fraudulent. Trump's policies are going to quickly signal to the capital markets that, you know, the government deficit's going to come under control, energy prices are going to drop, tax incentives are going to reinvigorate the middle class and GDP should take, real GDP should take off, you know, a year or two into his administration. So the capital markets will need to correct, especially the stock market. It's not the end of the world. But, you know, if this isn't handled properly, it could be a disaster. But I'm more hopeful as long as the Trump team gets the narrative out there this wasn't on their watch and that they're going to instill confidence should it erode due to the fraud being exposed.

[Stephen K. Bannon]

Ed Dowd, where do people go to get. Your Twitter feed is on fire constantly. Where do people go to get that and all your ratings?

[Ed Dowd]

Yeah, Twitter is owd edward d o w d edward on getter edwarddowd. We have our company website, financetechnologies.com spelled with the ph. And we have our pandemic research at thehumanityprojects.info.

[Stephen K. Bannon]

Adele, thank you for coming in from beautiful Hawaii today. A lot of people would like to be with you on top. I talked About Friday the 13th, Nancy Pelosi, Daily Wires reporting she was in high heels and she I guess tripped and fell down, I guess these marble steps at the Ducal Palace, I think it's in Luxembourg. And it's appears that she has broken her hip. As folks know, at a woman of that age at 84 years old, that is quite serious. Had a couple of grandmothers and great grandmothers once. Those hips, you break a hip, it's a very, very, very serious problem. Nancy Pelosi reported now broke a hip on a fall and down the stairs. I think there's a picture of her looking for support of some group. Photo was taken of fall with a couple of folks. She's over on a congressional delegation. So Nancy Pelosi looks like she's broken the hip. We know more, we will tell you more. Birchgold.com told you it's going to be turbulent. I just wish the Biden regime would be straightforward and just stop doing all the madness you've already done. Enough. People toss you out. They're throwing you bums out. We don't need to see Jake Sullivan, Tony Blinker. You're not going to be cutting peace deals. You're just stirring the pot. And now I'm telling you what they did. And all this thing with the Iranians, oh, we're going to do it. They're going to use it for peaceful, peaceful processes. You never counted on, you know, Hezbollah getting crushed, the domino falling in Syria. Now the Persians feel they're on the back foot, maybe hustling towards what they call a nuclear breakout. The world is on fire, folks, on the arc of instability all over the Eurasian landmass. Very dark, dark days here for the United States of America. Short break, big victory on 5November. Now the work can finally start on the big issues facing the country. One of the biggest is the national debt and the deficits that drive it. Hey, you think the country's broke? The country is broke. We're just printing money to keep this house of cards going. The strategy remains the same for you. You got to diversify, diversify your savings. That's why buy gold from Birchgold. So many things are out of your control, out of the President's control. It's important to have a safe haven for your savings. Birch Gold Group, my gold company will help you convert an IRA or 401k into an IRA into physical gold. Let me repeat that. Convert your IRA or 401k into an IRA in physical gold. And the best news, it doesn't cost you a penny. Text banner to 989-898, get your free info kit. Plus right now through Black Friday, you receive a free 1 ounce Silver Eagle for every $5,000 you purchase. Let me repeat that. A free 1 ounce Silver Eagle for every five thousand dollars purchased. Protect your savings with Birch Gold. Text Bannon to 989-898 and claim your eligibility for your free silver. Today, I want to warn you of a huge change that could be coming to our money in our bank accounts. First, think back to 9 11, shortly after the government pushed through the Patriot Act. This gave the government power to spy on innocent Americans by monitoring our phone and email and tracking our movement across the Internet. Now Jim Rickards, editor of the independent financial newsletter Strategic Intelligence and New York Times best selling author, is warning about a coming event that could elevate this governmental surveillance to a terrifying new level. In fact, some of the guests I've had on the War Room believe that the government will soon expand their powers to track our every move. If we say the wrong things on social media, donate to the wrong causes, buy firearms, or even vote maga, the government may be able to shut us out of our bank accounts. I can't say for sure if this will happen, but it's an interesting and dire warning. Fortunately, Jim Rickards, an American patriot and friend of mine, has made it his mission to educate us on what he believes is coming and how to protect yourself from the possibility of programmable money. Watch Jim's warning video now before it's censored like I've been in the past. Go to rickardswarroom.com that's rickardswarroom.com now to see the video. You ever think, how can I work this hard and still be in debt? The piles of overdue bills, the threatening phone calls and never having money to do anything. It's just won't stop. You're trapped in debt. Done With Debt is the way out. They developed aggressive new strategies to end your debt permanently. Done With Debt stands between you and harassing bill collectors. They tirelessly negotiate with your creditors to lower or even forgive what you owe. And they do it all without bankruptcy or new additional loans. As one client raved, quote, our phone call saved us a fortune. I wish we did this long ago. End quote. Bottom line Done With Debt has unique strategies to get you out of debt faster and put more money in your pocket every month. But you need to hurry because some debt solutions are time sensitive and you don't want to miss out. Visit donewithdebt.com talk with one of their debt relief strategists for free. Let me repeat that. Go to donewithdebt.com and talk to one of their debt relief strategists for free. You have nothing to lose except your debt. Go to donewithdebt.com that is donewithdebt.com do it today. Action, Action, action. All this nonsense, all this spin. They can't handle the truth. War Room Battleground with Stephen K. Bannon I want to take you back to something this morning. One of my rants this morning about the I don't want to connect some dots here about the Reconciliations. People on Capitol Hill, they got to stop playing games. You can't be cute with. You want to hide your tax cuts and all your giveaways to corporate America and to the wealthy in this reconciliation. And we're not going to do. Look, this country is besieged. You just had Kreps, who's no, he's no right winger. Kreps is not part of maga. You had Kreps on Katie Turkey. MSNBC is not, is not real America's voice. It's not one American news. It's msnbc. He's up there screaming and yelling. In fact, get that thing ready to pull. We're at war. This is craps. We're at war. They're at war with us. We're at war. This afternoon, just an hour ago, just pulled it. We're at war. This is Kreps. He's a, he's part of the, he's part of the system. He's a systems player. He was over at DHS under Trump. Remember, he's the guy that said the machines weren't messed with. His most secure cyber in history. Now he's sitting there saying, we're at war. They're at war with us. They're in all infrastructure just waiting for the balloon to go up. They're in your railroads, they're in your planes, they're in the air traffic control, they're in the water systems, they're in the grid, all of it. His words, not mine, on a Friday afternoon heading into the Christmas holidays. Wall Street Journal, Wall Street Journal's not, you know, I'm not. That's, that's the Murdoch paper, but this is their news gather. That's not the opinion side headline. Nice subtle headline to go on the weekend. Nice subtle headline to kind of finish the week trading. You call up and say, dump it all. Get me to cash, Go from cash to gold. Headline. Wall Street Journal just came across. Trump team weighing options for preemptive airstrikes on Iran's nuclear program. And I want to quote from a significant. The Wall Street Journal says, and I quote, president elect Donald Trump is weighing options for stopping Iran from being able to build a nuclear weapon, including the possibility of preventative airstrikes, a move that would break with the long standing policy of containing Tehran with diplomacy and sanctions. We continue on. Quote, Trump has told Israeli Prime Minister Benjamin Netanyahu in recent calls he's concerned about an Iranian nuclear breakout on his watch. Two people, excuse me, two people familiar with their conversation said that's implication one from the Israelis and one from the Americans, because they wouldn't have done this Wall Street Journal would not have printed that unless they had on background, one from each side. And they told you right there in the smart way that you're sered newspapers that two people are familiar with the conversation. That means one that vouching for what Netanyahu said and one that vouching for Trump, signaling that he, that would be President Trump is looking for proposals to prevent that outcome. The President and I continue on, quote, the President elect wants plans that stop short of igniting a new war, particularly one that could pull in the US military as strikes on Tehran's nuclear facilities have the potential to put the US and Iran on a collision course. I want to continue down with the quotes from the article. Iran has enough highly enriched uranium alone to build four nuclear bombs, making the only non nuclear weapon country to be producing 60% near weapons grade physical fizzle. Fizzle. I think it is material. It would just take a few days to convert that stockpile into weapons grade nuclear fuel. But there you have it right there. This is what they call the nuclear breakout. It's one of the things concerned about. Remember all the talk? Remember all the talk? Obama and Hillary Clinton and John Kerry, all these folks, this is why the American people threw him out. And Blinken and all these guys dealing with the Persians, oh, we got this. Not going to do that now you're setting up in December. I telling you, you look at the convergence of you got that, you got the war, you got the debt and you got the invasion and it's all merging down to one thing. We're hurling down that path. Of course the media, all they're focused on is the horse race of the confirmation because that's simple for them to do. Cash is in, hex is out, Tulsi's bad, Bobby Kennedy's got a girl problem. All of it, that's just juvenile. This is the thing itself and we're heading down it. We've been talking for a couple of years now about the third world war, because remember in the second world war, 1935, it starts in Manchuria, but 1936 or 37 in Spain. And I'm talking the kinetic part, you got the rise of the Nazis, what is it? 38, Munich, 39, Poland. 40. France Falls. 40. The Blitz in London. 41. The Wehrmacht invasion of Russia in December. 41, we just commemorated here in the show Pearl harbor six years after it started. Folks, you're in it now. And this is my point about serious people. I Don't want to see these people all hepped up with knitted brows, thinking great thoughts. Well, here's what. Thinking great thoughts got you. That thinking great thoughts crowd. You know what? They got you on something that's not relevant. Not relevant to us. They got a million dead on the Ukrainian side, And they got 600,000 dead on the. They got 600,000 dead on the. On the. On the Russian side, at least. And here you got them right there. Financial Times, big old color picture right there in the Ukrainian front. They go, this is the headline right here. Military training on a shooting range in Kharkiv region. A realization that spending is inadequate to back Ukraine to deter Russia and has forced a reassessment. Yeah, a damn big reassessment. The reassessment that. The reassessment that. The reassessment that. That's not going to stop the Russian army, does not. It's going to be more wasted lives, more broken lives. Just like letting the Persians do this years ago. Just like letting them do it years ago. President Trump had a plan. How about this? We're going to break them. We're going to break them financially and break them economically with sanctions, Man. You start shooting over there, you go doing a preemptive strike, and you could make it as surgical as possible. I don't know, man. I don't know, but I guess you don't have a choice. What's the choice going to go nu the guy four days and go get material. It's a long way from a bomb. Where? It's a ways from a bomb. An actual weapon, I guess you can put on a missile, lob into Israel. If you don't think this is serious, you're not paying attention. But up on Capitol Hill to stop the. Stop the invasion of the southern border, Step back and think about it. We have 10 million minimum. 10 million. New York Times says 60%. They finally agree. 60%. That's 6 million million. Not thousands, not tens of thousands, not hundreds of thousands. Millions. What would the framers of this country, the revolutionary general, what would they think of us? What would the people that died at Normandy and died at Tarawa and Peleliu, died at Saipan, what would they think about us having done that? And up here right now playing games. The House Ways and Means Committee and the Republican establishment, they're not serious that the plan to shut this thing down and get at least a grip on the 20th of January, after that fight and not to do it, that you would play games and not take this reconciliation, get it all done and start with momentum. But you would play games and maybe in March or April, so you could hide. Okay, House Ways and Means Committee, you're not going to hide anything. We're going to go through it line by line and we're going to know every tax break and every tax deal you've given the wealthy and the corporations. We're populists. We want the people to put more money in their pocket to make their lived experience better today, to give them a taste, a little taste, a little something for the effort, a little piece of the action. And if the corporations taxes have to rise and if the wealthy's taxes have to rise, then so be it. That's not the end of the world. Just not. And they're already getting the benefits of the blessings of liberty provided by, wait for it, the working class and middle class to pay the taxes. They have the pension funds that they're using money and kids over there right now and they carry battle groups that are doing the test runs and getting ready and that may go do the strikes in Iran on the nuclear facilities. Yeah, those kids, their sons and daughters that will have to go up because, hey, there's no strike on earth that's that surgical. There'll be blowback. All of a sudden you're going to be hitting it in Persia. In Persia, the ancient enemy of the Judeo Christian west of the Roman Empire. Yep. So we're in it now. And anybody that doesn't frame it like this either does not get it and understand it or is misleading you. One of the reasons we haven't done a lot on the drone stage is not that we're not worried about it and spend a lot of time talking to people. I can't really come out and say and kind of frame it except to say, hey, there's something highly unusual going on. And I know that because Donald John Trump gets the presidential intelligence briefing every day and he just put out, your government knows what's going on. But they're being quiet. That's kind of on a Friday afternoon. So we're in it now. Elections have consequences and stolen elections have catastrophic consequence. Haven't used that phrase in a while, have it? People have been to the show, remember that? The illegitimate Biden regime. I meant it. Hell, I went to prison for it. And I'd go to prison again for it. That's how much. That's how dug in I am on this. They can send me to prison again and I could die in prison. I don't give a damn. I'll tell you what, they stole it and what they did to this country and how they've left this mess. And you see how lack of class they have. Trump's won. The American people voted after having their democracy. Democracy, democracy, democracy. Your fascist, your garbage, your brown shirts, all of it. And to throw these bums out, like they've been thrown out, and they're hanging on and doing nothing but demonic, demonic activities the entire time. And you don't think. And you don't think we're going to investigate this? You don't think we're going to get the bomb? This can never be allowed to happen again, Ever. It cannot. We're not going to have a country. Take a look at those kids tonight. Take a look at those grandkids tonight. Look at what. Look at every generation in this nation that thought about the future. And look what we've allowed to happen and we allowed to happen. I know we fought and you're the hardest fighters. The tip of the tip of the spear. And thank God in heaven for Trump with all his imperfections. Look at the mess we're in. You think the folks that died in Normandy or at Tarawa, Saipan, or In World War I, the Civil War, all of it, you think they said, hey, we made the ultimate sacrifice, man, we're really glad we did that because look what this country became, just spectacular. I don't think they're spectacular. I don't think they're giving us spectacular today. The 2020 election was stolen. I don't care if Kirsten Walker, you want to put it behind, Unite the country. Hey, I'm going to unite the country. We're going to unite the country by. We're going to get in, like Gasparino said, and we're going to make it all clear. And then people are going to see what happened here and they're going to understand why we're in a shooting war. Now, back in the Middle east and on a Friday afternoon, it's leaked that President Trump's going through options. And President Trump. And he ain't John Bolton. He's not a guy that sits there and goes. His first instinct, his default position is not get the jets up, let's roll. He's not some old tough guy. He doesn't have to prove his toughness. He took a bullet to the head and they came back four months and won a lane. That's tough. You think any of these worms wouldn't be crawling off in their belly on that stage? John Bolton, the Rest of these gutless sons of bitches, you think it's not me, it's not Breitbart, it's not Hoft, it's not Kane. That's the Wall Street Journal. And they got two people to back it up. One for Bitten, one for Trump, who had authority to tell them, you know, why they wanted to put the American people on notice. Hey, this thing is bad. It's going to get a lot badder. It's taken us a long time to get here, folks. And it's a tractor pulse. Don't be, you know, don't be saying, oh, Steve, we're not celebrating. We should be celebrating, skipping around, doing all this. There's nothing to celebrate right now. It's time to hunker down. Hunker down and don't play any more games. Give me a reconciliation right now. I need money to get these people out of here. I need money to seal that border. I need money to make sure it never happens again. We never have another invasion. I don't want to hear your crap about your tax cuts for the corporation. I don't want to hear your crap about tax cuts for the wealthy, Smith. And the people having ways of means. You do the second reconciliation and you work out the numbers and come back and talk to people. Don't try to jam it in the middle of the night. And another reconciliation and come back to war. When we're banning, all you guys are big talkers. You want to secure the border, you got to pass the bill. Yeah, we got a couple, three goodies in there for the wealthy and goodies for the corporations. The same corporations that enforce dei. The same corporations that had nothing but contempt for the MAGA movement and now they think a couple of million dollar checks going to make it all good. And they're not going to make it good. You're never going to make it good. You're scumbags. And we know you're scumbags. You don't care about this country and you certainly don't care about the citizens of this country. So don't come down with a supplicant with some million dollar check paying for the inauguration. Who even knows what it's going to be or how it's going to be. Don't put it past these folks. Don't put it past these folks. I'm just quoting from the Wall Street Journal. I'm just quoting Krebs. Tell us all in the infrastructure, the CH. Communist Party. Hell, we've been yelling at that for years. He's up on Katie Tur and she goes, it's not on my bingo card to have a guest say that on a Friday afternoon yet. You know why? Because you're too stupid to understand what's going on. And the rest of Pak a commies over there put their head in the sand. That's why you got your ass kicked. Big old long faces. When North Carolina flipped, where were you, Rachel Maddow? Did you throw it off the sack? The Jean Sackey, Jane Sackey, whatever her name is, Raggedy Ann, if she had to stay up on the mid watch and tell us that Donald Trump, you didn't have enough guts to sit up there and tell the lies. And this is why your numbers have dropped so much, because you lied to these people over and over and over again. Nothing but lies. World's an efficient market. That's why nobody's watching. Morning, Mika. That's why nobody's watching you, Rachel Maddow, because you know they know that you lied to him. You treated them like fools. And here. And you're telling me that they're up there making Trump spend all this time in war room and people calling everything because of Republicans. Get your act together. Get your act together. The man wants these people, he gets these people. Quite frankly, I don't care about even your advice. I know it's in the Constitution, but you're a bunch of losers. Who is it, who is up there in the Senate that you would actually take advice from? Who is it? Is it Murkowski? Is she going to tell you anything? Is she going to tell you anything that is meaningful in your life? Is Susan Collins going to tell you Anything? Is Mitch McConnell? Hell, he's running around a wheelchair. Nancy Pelosi's got her hip broken out in Europe and that's tragedy. I'm not saying it's a terrible thing happened to Nancy Pelosi. Fall down the steps. But no offense, there's 80, I don't know, they're 84, 85 years old. It's time to turn it over. You're not up to the task. All you're doing is rear guard action for that's all you want. And look what you're jeopardizing right now. We're going to be in it, folks. I'm telling you, we're going to be in it. I'm never wrong. That stuff I told you years ago that this is where you're going to end up. You're going to end up with main people dead and you're going to have a Bunch of young women down there trying to learn how to shoot with the Russian army coming at them. And they're going to come back to you. We need more money. We need more weapons. And you know what they need? They need American combat troops. That's what they want. And your sons and daughters, that brigade in Romania, that hundred first, they're just itching. They're just itching to get that in there. Because then when they get it in there, hey, look how many died. They can't die in vain. We didn't hear that in Vietnam, did we? Too often didn't hear that in Iraq and Afghanistan. The same game. The same game has got to stop. And we're the people to stop it. It's got to stop now. All of it. And it's not going to stop until you make it stop. Otherwise it's just going to go on and on and on like we're inexorably drawn to the destruction of this republic. And you think these people care? They're making more money than they ever made. They're protecting themselves more than they ever made. And you end up having to pay for it. And you end up in your lived experience and your credit cards and your kids living in the basement. Nobody got a home. Family formation, late childbirth, down courses, down. Women don't know if a guy's going to have steady work to support a family. But keep that border open. And here's what we do. How about this? You got these gimmicks, the reconciliation. But you know what? No President Trump on the 20th. We got to start. The clock is burn. The clock is ticking. We're burning daylight. We're burning daylight. You gotta start with boom. Hit it. And keep them on their back foot. You do. Not serious. Not serious. You see what not serious people get. You see where they get you and you know what happens. And you look in American history, every time they get you in these jams, then they always come back to common man and woman to bail them out. Well, guess what, folks, we're in another jam. And the country's gonna need you to bail them out. Just terrible, unspeakable banner. Why are you always so mad? You know why? Because I'm a rational human being. And I can see. I can see what I see. Okay, we're going to leave you with St. John the Evangelist here on a Friday evening. From the book of Revelation, Johnny Cash is great when a man comes around. We'll be back here tomorrow morning, 10:00am Eastern Standard Time in the world. Voices calling, voices crying. Some are born and some are dying. It's alpha and omega's kingdom come and the whirlwind is in the thorn tree the virgins are trimming their wicks the whirlwind's in the palm trees it's hard for thee to kick against the cricks. You owe back taxes, right? Here's the question. Why is the IRS targeting you and not millionaires who owe a fortune compared to you? Rich people have tax attorneys. You probably don't. Tax Network usa, our patriots you want on your side to solve your IRS tax problems quickly and painlessly. Their attorneys, strategists and expert negotiators employ brilliant strategies designed to solve your IRS problem quickly in your favor. They have a preferred direct line to the irs. They know which agents to talk to and which to avoid. And Tax Network USA learned of a limited time special IRS offer. The IRS is willing to forgive $1 billion in tax penalties. Find out if you qualify before it's too late. Schedule your free confidential consultation now. 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