WarRoom Battleground EP 749: Asleep At The Wheel With what Is Happening In South Korea

Summary

WarRoom Battleground EP 749: Asleep At The Wheel With What Is Happening In South Korea
Release Date: April 17, 2025
Host: Stephen K. Bannon, WarRoom.org

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Introduction

In Episode 749 of WarRoom Battleground, host Stephen K. Bannon delves into the tumultuous political landscape of South Korea following a recent coup orchestrated with alleged backing from the Chinese Communist Party (CCP). The episode features insightful discussions with Colonel John Mills and Mina Kim from Build Up Korea, exploring the implications of the coup, the integrity of South Korea's democratic processes, and the broader geopolitical ramifications involving globalist influences.

South Korea's Political Turmoil and the Coup

Stephen K. Bannon opens the episode by highlighting the unprecedented nature of the coup in South Korea, suggesting that it marks a critical juncture for the nation's sovereignty movement. He remarks, “This is the primal scream of a dying regime... it's going to happen” (01:10), indicating his belief that the current political upheaval is inevitable due to deep-seated corruption and external manipulations.

Mina Kim provides a detailed account of the events leading up to the coup, explaining that the unanimous impeachment of the South Korean president was influenced by controversial martial law declarations. She states, “The timing, the way it's handled, some of these are regrettable... but it's going to inspire people to elect a leader who will make Korea great again” (03:08). Kim draws parallels between the local movement, termed "Yoon Again," and the American MAGA movement, emphasizing a shared goal of restoring national greatness.

Chinese Influence and Espionage Concerns

A significant portion of the discussion centers on the CCP's expanding influence in South Korea. Mina Kim warns of extensive Chinese espionage, including “drones flying over military bases, hacking into government systems” (04:49), and substantial Chinese investments in key regions like Jeju Island and Jeolla Province. She underscores the alarming scenario where foreign nationals, predominantly Chinese, are gaining voting rights in South Korean local elections, potentially swaying political outcomes.

Colonel John Mills corroborates these concerns, highlighting the dereliction within the U.S. government in monitoring these developments. He criticizes the current U.S. ambassador for being a "globalist and closet anti-American" (08:26) and stresses the urgent need for a politically aligned ambassador to counteract CCP influences.

Impact on South Korean Elections and Future Leadership

The impending South Korean elections are portrayed as a pivotal moment for the nation's future. Mina Kim explains the fragmentation within the Conservative Party, with no single candidate currently dominating the race. She highlights Prime Minister Han, a respected figure with strong ties to the U.S., as a potential unifying leader: “He tends to appeal to moderates as well as conservatives” (06:43).

Colonel John Mills provides an assessment of the current electoral climate, noting the emotional and strategic rallying efforts following the initial shock of the coup. He warns of a "mega ambassador" being necessary to restore effective U.S. support and influence in the region (08:26).

U.S. Involvement and Recommendations

Stephen K. Bannon expresses concern over the apparent sluggishness of the U.S. response to South Korea's crisis, questioning how such a strategic ally could be so vulnerable. He underscores the historical importance of South Korea in U.S. foreign policy and military strategy, citing decades of collaboration and mutual defense commitments.

Colonel John Mills recommends immediate actions for the United States, including appointing a new ambassador with a strong nationalist stance and forming an election observation team to deter further electoral malfeasance. He emphasizes the necessity of U.S. intervention to support South Korea's sovereignty and democratic integrity (18:37).

Generational Shifts and Media Influence

The discussion also touches on the shifting sentiments among South Korea's youth. Mina Kim observes that younger generations are becoming increasingly disillusioned with left-leaning media outlets, many of which she claims are influenced or owned by Chinese interests. She notes, “Korean young generation under 30... are realizing that the media is already bought up by Chinese forces” (06:43), suggesting a growing awareness and resistance against external manipulations.

Conclusion and Call to Action

In the closing segments, Mina Kim urges American leaders, particularly figures like President Trump and Steve Bannon, to publicly support South Korean conservatives. She emphasizes the cultural and historical ties between the two nations, highlighting South Korea's foundational Judeo-Christian values and its role in spreading American religious and cultural ideals globally.

Stephen K. Bannon reinforces the critical nature of this geopolitical struggle, asserting, “This is a fight that's absolutely essential... the black hand of the CCP has been all over this” (21:40). He calls for decisive action to support South Korea in safeguarding its sovereignty against globalist and communist threats.

Key Quotes

• Stephen K. Bannon (01:10): “This is the primal scream of a dying regime... it's going to happen.”
• Mina Kim (03:08): “It's more like a Korean version of MAGA movement... elect a leader who will make Korea great again.”
• Mina Kim (04:49): “China's growing influence inside Korea... foreign nationals who aren't even citizens voting in our elections.”
• Colonel John Mills (08:26): “We have a massive dereliction of duty within the US Government to even understand what's going on.”
• Mina Kim (06:43): “Korean young generation... are realizing that the media is already bought up by Chinese forces.”
• Stephen K. Bannon (21:40): “This is a fight that's absolutely essential... the black hand of the CCP has been all over this.”

Final Thoughts

Episode 749 of WarRoom Battleground serves as a clarion call for vigilance and proactive support in the face of emerging threats to South Korea's democracy and sovereignty. Through informed analysis and strategic recommendations, Bannon and his guests underscore the interconnectedness of global political dynamics and the imperative for allied nations to act in unison against common adversaries.

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For more insights and ongoing coverage of global sovereignty movements, visit WarRoom.org

Transcript

[Steve Bannon]

This is the primal scream of a dying regime. Pray for our enemies because we're going medieval on these people. Christians not got a free shot. All these networks lying about the people. The people have had a belly full of it. I know you don't like hearing that. I know you try to do everything in the world to stop that, but you're not going to stop it. It's going to happen. And where do people like that go to share the big L? MAGA media I wish in my soul, I wish that any of these people had a conscience. Ask yourself, what is my task and what is my purpose? If that answer is to save my country, this country will be saved. War Room here's your host, Stephen K. Band. It's Holy Thursday. It's the 17th of April in the year of our Lord 2025. We had this morning on the show the individual George Minion running for the president of Romania in the sovereignty party. As you know, as we do this coverage for Brazil or France, the United States, the legal system of the globalists is all over. Trying to. Trying to destroy the sovereignty movement throughout the world. The kind of the MAGA movement that's going global and Korea I think is the most dangerous part of this. They've had a coup, a coup that the Chinese Communist Party was in back of. Now things are getting sorted out. There's going to be a new election. Colonel John Mills is with me and Mina Kim. Mina from Build Up Korea. Mina, let me start with you. What did we just see there? Because it seems like there was this intense period around the coup, right, to remove the existing president. Now things are getting sorted about the election. Just walk me through the intensity of what we saw a week or so ago, where we are today and where are we heading towards on this election?

[Mina Kim]

Sure, I would love to. So things are pretty intense in Korea right now with the court's decision to unanimously impeach the president. There's certainly a lot of controversy surrounding the martial law declaration which has caused the impeachment. The timing, the way it's handled, some of these are regrettable in many ways. But however, one thing that came out of the whole process is that it opened the eyes of the people to the deep corruption within the government. So the video you see right now here is there's this movement happening called Yoon again. But from what President Yoon himself has said, it's not about him running again. He's saying that it's more like a Korean version of MAGA movement, which is an effort to inspire people to elect A leader who will make Korea great again and not necessarily him. And right now there are about five or six big names in the conservative field, but no one's really dominating in the race. There's a Prime Minister Han, which we'll talk about later. He's acting president right now. He's not officially running, but people are talking about him. He's someone who understands foreign policy really well, especially because he used to be Korea's ambassador to the US and he tends to appeal to moderates as well as conservatives.

[Steve Bannon]

Talk to me. Is the in the Yun again? Are people awakening to the fact that outside influence, Chinese Communist Party and others influences were there to actually drive this thing and to actually have Yoon removed? And pretty extraordinary in Korean politics to actually have him removed from office?

[Mina Kim]

Of course, it definitely had an influence, I think. And one of the biggest threats Korea is facing right now is China's growing influence inside Korea. There's ton of CCP espionage going on, including drones flying over military bases, hacking into government systems, that kind of thing. And one hack even leaked the identities of the black op agents, Korean black op agents, and sensitive military data. And it's not just the cyber stuff the Chinese have been buying up. Over 50% of Jeju island, which is the top vacation spot in Korea, is now owned by Chinese investors. And there's also a province called Jeolla Province, which is kind of like California of Korea. Chinese companies are making massive investments there as well. And here's the part where that really worries me. In Korea, foreigners can vote in local elections if they've lived here for just three years as permanent residents. And that population is growing fast. Most of them are Chinese. So now we've got foreign nationals who aren't even citizens voting in our elections, which is very wild and it's very familiar. And the last serious matter is that the Democratic Party of Korea is against punishing Chinese spies under Korea's espionage law, even though they're clearly a growing threat in Korea.

[Steve Bannon]

Where are young people coming out? Where are people under 30 coming out on this issue? Are they getting more anti American? Are they closer to America? They like what they see in the MAGA movement. Are they, you know, getting closer to China? I know Korean pop is some of the most influential and biggest of all, not just music, but cultural influences in Asia and particularly East Asia. So where are the young people coming out on this?

[Mina Kim]

So young people in Korea are impacted by social media such as Instagram or even X. We're not big X users, but with Elon Musk in America, a lot of Korean young generation have been getting into X most lately and one of the concern is though we don't have a major conservative media outlet in Korea and I'd say about 99% of the media leans left and a lot of young population are affected by the media as well. But they are slowly realizing what the media is doing is very corrupt. And especially with the fact that there's this one broadcasting center media in Korea which is considered a mainstream media. They were actually going under seriously and all of a sudden China's IT company called Tencent, they pumped $10 billion into them and now the outlet is super pro China and pro left and not really pushing for Korean interests anymore. So Korean young generation under 30 or 30s are realizing that the media is already bought up by Chinese forces and something's wrong. And then with the whole President Trump and Elon Musk Doge exposing government corruption in America, they're slowly thinking that Korea also has the same problem and they're getting deeper into this issue.

[Steve Bannon]

Wow, Colonel Mills, give me your assessment. You've been on this for a number of years. You were the first to give us a heads up that said, hey, something's happening with you and they're going to try to make a move on him. And clearly they did, which is still the most outrageous thing to remove Yoon from office in what was a coup d'etat. Where do we stand today, sir?

[Colonel John Mills]

Well, thank you, Steve. The what we have is a massive dereliction of duty within the US Government to even understand what's going on. Now some of this is absolutely intentional. We have an acting ambassador over there, Yoon Y U N. I don't know him personally, but I've had several reports. He actually was even after the election and he even after the inauguration. I'm talking about the American election in November. He was actively coordinating with the Democrat Party of South Korea and essentially ignoring and not not so. He was a partisan. So I think we have a huge problem over there right now. We need to get a mega ambassador or somebody right minded over there.

[Steve Bannon]

So here's what. But here's what, here's what I don't understand. South Korea has been one of our best allies ever. We still have 28,000 combat troops there. South Korea is that South Korea and Australia had our back even during the Vietnam War. How could this go? I mean I'm upset enough and we're working. People should know we're working. Whether it's ofac, whatever on issues related to Brazil. Why does it appear and at this Time, you know, they're flying over. We're trying to work out a big trade deal with Korea. Why does it seem like we're a little bit asleep at the switch of what's going on in South Korea? Since it'syou know, it's always been called what the knife that's pointed at Japan. It's on, you know, it's part of mainland Asia. We fought a massive war there with the Chinese back in the 50s, I think it was 500,000 Chinese troops overran the Marines there in the army. This has been something we've been, you know, involved with since World War II. In the 1950s, this was always a priority. When I was in the 7th Fleet, we would do combined exercises with the Korean Navy. This is when the Japanese Navy really wasn't, because of their Post World War II defense pact, really were quite institutionally, were pacifist. The Korean Navy was the navy in the East China Sea and really in the South China Sea in the Straits of Taiwan, because the Taiwanese navy was very small, and their land forces, they're some of the best combat troops in the world. I'm just stunned that we're kind of on our back heels when it's so obvious. And people, you know, and people. We know that the Chinese Communist Party, which is at economic war with us, and now we're fully engaged on a global basis right there in East Asia, they've had a coup and just use, guess what, the phoniness of an election and people questioning that, like Donald Trump did and we did, and we still continue to do in Romania this morning. Right. You've got issues with Bolsonaro on trial, you know, across the world. How is it that we seem like we're on our back foot on this?

[Colonel John Mills]

The American footprint over there is dominated. We'll just. Let's just call them what they are. We call them tour babies. And I'm talking about both the uniform military and even our intelligence community and State Department staff. The tour babies, which are oftentimes they have spouses that are related to Korea. They're over there living the good life, and they are often ignorant as to what's really going on on the ground. Moon Jae in replaced the top 400 military and intelligence officers that had a close relationship. And the American counterpart just said, hmm, wow, all these people just got replaced. Okay, we'll deal with the new force that Moon Jae in put in. We gotta.

[Steve Bannon]

I'm sorry, hang on.

[Colonel John Mills]

Two of babies.

[Steve Bannon]

Slow down, slow down, slow down, slow down. Stop. I want to make sure the audience understands that. Hit rewind. What did you say? When did it happen? Because it's pretty shocking, right? But I don't think a lot of folks understand that. Walk us through that again of and how we accepted this as a government. Walk me through that.

[Colonel John Mills]

Well, this was during the Biden years, but Moon Jae in replaced summarily, maybe even incarcerated, maybe even executed the 400 at least top uniform military leaders of South Korea and the kcia, the CIA equivalent. So he did a massive purge and our US government response from the deep stater elites was ho hum. This was shocking. We should have had alarm bells going off. But again it looks like. And the USA bumper sticker is all over the Korea, the National Election Commission and AWEB over there. So it looks like we were. We had both people asleep and people in cahoots with the coup that was going on over there.

[Steve Bannon]

What is our current status right now? The state of play, the election? I think they have to identify, they have to, they have to come forward and say we're actually going to run. I think by May 3rd, Saturday the 3rd or Sunday the 4th, then we have election. But what's. What. What do you sense the state of play is right now.

[Colonel John Mills]

Like. Mina, go ahead please.

[Mina Kim]

Oh, sure.

[Steve Bannon]

John, hang on, hang on. Mina, hang on a second. John, I want you to answer that. Give me the state plan. Your assessment.

[Colonel John Mills]

It's. They're forming and storming. There was great anguish after the Constitutional Court decision, which I am concerned they were actually just a feud. On April 1, April 2, it was looking like they were going to actually restore President Yoon Y o o n President Yoon to his position and essentially vacate the impeachment. And then somebody talked to them and they flipped. All eight went against Yoon Y o n. So this is just shameful. I think they're rallying now. There was a sense of despair, shock, but I think they're getting to rally. And you know, the top four, Na, Kim, Hong, Han. I mean I think they just gotta form and storm around somebody who can win. And I think it's a. Everybody most Koreans know Lee of the Democrat Party is, let's just face it, he's a crook and he's a shill for the Communist Party. And this is very important. This is not North Korea anymore. This is Communist China. They are the puppet masters.

[Steve Bannon]

Mina, same question. Particularly given. I think the critical path here is the third or fourth. You've got a couple of people out there. Isn'tI've seen recent polling over the last couple days are people rallying rallying to the Prime Minister because he's kind of last man standing. I think the mayor of Sowell has already announced he's not going to run. So does it look like it's coming around or starting to revolve around? Was it the prime minister who's left behind or where do we stand right now in your mind?

[Mina Kim]

Yes. There are so many divisions even within the Conservative Party when it comes to the candidates. We do have five or six major candidates that are running right now. And Prime Minister Han did not run yet he is thinking about it because the population, Korean population, especially young generation, approves him as being the former ambassador to the United States. And he knows America really well. And even with the recent CNN interview of him about the tariff. Prime Minister Han addressed the tariff issue basically saying that we're not here to fight against the United States. If we can find a good mutual agreement, he thinks that the US Might be open to adjusting those tariffs. And he emphasized staying cooperative and keeping the conversation going with President Smart, which is President Trump, which is very smart. And then the CNN reporter tried to push him, which kind of like a lot of young people in Korea, like this CNN reporter said, if the US Is Korea's friend, is this how a friend acts? But then Prime Minister Han responded saying even friendship should be rewarded sometimes. So he was basically acknowledging President Trump's 25% tariff suggestion, but he made it clear that Korea wants to work with the US and not against it. And this is definitely a important point for young people in Korea to support Prime Minister Han as being the next president as well. But there are definitely different candidates that are up there.

[Steve Bannon]

They're still up there. Don't you have a winnowing out? Is it the third or fourth that you come down? And basically there's a process where you get down to basically two candidates. Or is this multi party as we run up walk people through the process.

[Mina Kim]

That'S right within the Conservative Party for the primary, you get to have two top candidates in the last minute and then you decide among those two. Whoever gets the majority vote will become the nomination of the Conservative Party. And how that gets decided is by the vote from the Conservative Party members, which is the 50% of it. And then the rest of the 50% comes from the. This is a little weird part but popular poll so which can be manipulated anytime. So that's how the Conservative Party nomination gets decided.

[Steve Bannon]

John Mills, what should the United States be doing right now in your mind to assist our ally here to get through this time of turbulence.

[Colonel John Mills]

Well, number one, get an omega minded ambassador over there immediately and remove in advance of that. Even remove the acting ambassador. He's a careerist. I don't know him personally but my experience with career ambassadors is they're about 97% globalist and closet anti Americans. Third is we should also form an election observation group. Let's hire, let's just like Elon Musk. Let's form a cell of 5, 10 personalities to go over there in special government employee status. That's 18 U.S. code 202. To be just the presence of an American delegation appointed by Trump to observe the election is going to have huge deterrent impact against election malfeasance.

[Steve Bannon]

Amazing. Mina, any closing thoughts here on Holy Thursday as we this election I think takes place in the final election is in late May. Am I correct? Mid to late May.

[Mina Kim]

The primary election is the early May, actually early May.

[Steve Bannon]

And then when's the general election? The general election another 30 days after that. June 3rd. So 30 days after the eve of Tiananmen Square. Talk about intense. Mina, closing thoughts. Where do you think we are right now? What should people in the United States be thinking of? What assistance does Korea need? Our great friends and allies in Korea.

[Mina Kim]

Of course, I would say this June election in Korea is huge. If a conservative president does not win, we're basically handing over far too far left. The legislature and judiciary are already leaning that way. And then the presidency is the last thing that's holding the line. And I want to emphasize that Korea is the only country in Asia that's built on Judeo Christian values. And which is interesting is that our first president, which is our founding father, literally read the U.S. declaration of Independence and was inspired to build the Republic of Korea. And today, you know, Korea sends out more missionaries than any other country except the U.S. we're second in the world. And that I want to say Korea is part of America's legacy and I really thank you for that. And if America, especially leaders like President Trump or you, Steve Bannon, can speak up and show support for Korean conservatives during this election, this would make a massive difference. Even though there's some kind of anti American spirit going around in part of Korea. But Korean people still love America. Koreans would line up in front of five guys which just entered Korea for three to four hours to get a burger, American burger. So that's how much we love America. So at this moment, if you stand with Korea, we'll recover our freedom and stand firmly with America and we will fight together in this spiritual battle. And that's unfolding right now in the world.

[Steve Bannon]

Mina, I don't think there could be a better message to America on Holy Thursday than yours and our great allies and compatriots in Korea. This is a fight that's absolutely essential, particularly when the forces of darkness have been in back. The black hand of the CCP has been all over this and the Korean people have gone through too much, too many wars, have, you know, struggled and now have the ability to have some prosperity. They need peace. They don't need to be sucked into the CCP's orbit right now, particularly given all the evil that the Chinese Communist Party has done to their own people and they intend to do the people of East Asia. Mina, where can build up Korea? Where can people go? To find out more about your work and find you on social media, of course.

[Mina Kim]

Thank you. It's buildupkorea.org that's our website. You could also go on to MKIMtv. On YouTube, which is my podcast, I talk about U.S. politics and a perspective of biblical worldview. And I usually speak in Korean for Korean people. I also have my X account, which is not too big, but I'm growing it. And Mina Kim, there it is. You can find me at realmeenakim. And thank you so much, Steve, for.

[Steve Bannon]

The opportunity, the biblical worldview. Thank you, ma'am. Appreciate you.

[Mina Kim]

Thank you.

[Steve Bannon]

See the great, incredible people. Incredible. What you say the second most missionaries in the world spreading the word of the risen Christ and back in the United States come from South Korea. Remember that as we have these folks back in the next 30 days. Look, it's all over. It's Brazil, it's Romania, it's France, it's Niger Farage in the United Kingdom. It's here in the United States. Obviously this fight is a global fight for the sovereignty movement, nation by nation, because the globalists are just not going to sit there and turn things over to you. And they're going to play dirty and they're going to play hard. They're going to play hard and they're going to play smash mouth. Colonel Mills, closing thoughts on we got a couple of minutes. Closing thoughts on the Chinese Communist Party, the trade war, tariffs, Korea, where it all fits in.

[Colonel John Mills]

Sir, I think the great game is just. This is the great game. They're trying to get South Korea. This is not North Korea. I've dealt with the North Koreans. They're nasty. This is the Chinese Communist Party pulling a coup right in front of us. We got down in Indonesia. The Chinese are trying to sneak a bomber Base into Indonesia. This is just crazy town. But Mina mentioned Jeju Island. Korea has a magnificent powerful navy. If China could get their hands on Jeju island, essentially they control the North Yellow Sea and prevent any, any intrusion by any allied ships. This is, this is geopolitical strategy. The great game in progress.

[Steve Bannon]

Steve. Colonel Mills, where do people go for your, for your social media?

[Colonel John Mills]

Thank you, Steve. It's Colonel Ret. John. Colonel Rhett John on substack. And there we go. Colonel Rhett John two on X. Thank you, Steve.

[Steve Bannon]

Colonel Mills, thank you. Everything on Taiwan, in Korea you've been doing has been just amazing and keeping our audience way ahead of the curve.

[Colonel John Mills]

Thank you, Steve.

[Steve Bannon]

It's. These are not random occurrences. They steal the election in Romania. They have Le Pen scheduled for prison. They may do some ankle braces of a home, but they scheduled her for prison for four years so she can't run. They have Bolsonaro in really a fight for his life in Brazil because once they send him to prison, which they will send him to prison, they'll kill him in prison. He knows that. You have the alternative for Deutschland they're trying to suppress. And we have one of our closest allies. They have a coup in. I don't know, we just appear to be sitting there. We have to go all in on these things. We're the anti globalists. Remember the Westphalian system is based upon a network of free countries putting their own interests first to themselves. It's the internal logic of this. And the Korean people have been so absolutely, just so absolutely incredible. So absolutely incredible. Particularly as they struggle with this given their strong Judeo Christian values. 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He's not going to extend the tax cuts for the wealthy. He's going to no tax on tips, no tax on Social Security and no tax on overtime. So you're saying all the donors are about to get a tax hike. They're already, they're already screaming. But he said he told the Senate that he's open to. When the extending the tax. Not extend. Oh, open to. No, no, no. But he's already, I think Scott Bessen, the Secretary of Treasury, I think is working on this not to extend it to the upper bracket or make a new bracket. And you think Congress is going to pass that, knowing who they get their money from? They do whatever he tells them to do. President Trump comes in and says he'll. Okay, so the Steve Bennett plan is that Republicans are going to abandon the donor class and then what's going to happen in 2020? Where else are they going to go? We got total leverage over them. Where else are they going to go? Oh, there's another election coming up. They're going to, in the midterms. And the thing, where else are they going to go if you don't restore, if you don't want to restore the economic viability of the working class and the middle class and you have to do that by sealing the border. Right. So it's not flooded with illegal alien labor. Number two is the tariffs to bring manufacturing jobs back. And the third is, is that working class and middle class people need a tax cut. They need no tax on tips, no tax on overtime, and most importantly, no tax on Social Security. That's another 500 billion a year we have to come with. It's going to be a huge fight. But Democrats and progressives had control in 2021, in those first hundred days and they put up a note taxing the billionaires and didn't even get out of committee. President Trump and the MAGA movement will raise taxes on the wealthy.

[Colonel John Mills]

I just think it's bad for the economy.

[Steve Bannon]

On the other hand, it seems to.

[Colonel John Mills]

Go against everything Donald Trump has ever believed it.

[Steve Bannon]

I mean, I think he's always understood this.

[Colonel John Mills]

And I've been reading the same things you've been reading, and frankly, I just.

[Steve Bannon]

Haven'T been believing it.

[Larry Kudlow]

Well, I don't think it's going to happen, but it's a threat. And we've got, you know, my old friend Bob Novak.

[Steve Bannon]

You remember Bob Novak from Evans Novak.

[Larry Kudlow]

He said the only reason God put Republicans on earth is to cut our taxes. And if they're raising them, I think it's going to split our priority. I think Republicans will lose the midterm elections. Don't go there. You remember what happened in 1992, remember when Bush raised taxes? We lost everything.

[Steve Bannon]

Right?

[Colonel John Mills]

Pretty unbelievable, to be honest. I'm just, I'm at this point because of reconciliation. I mean, what Republicans would go forward.

[Steve Bannon]

With a tax increase when they should be making the Trump tax cuts permanent, eliminating tax on tip, Social Security and overtime, because that's what the president promised.

[Colonel John Mills]

Why would they go in any other direction?

[Larry Kudlow]

Because they're worried that Democrats are going to say what they always say, tax.

[Steve Bannon]

Cuts for the rich.

[Larry Kudlow]

When in fact, after the Trump tax cut of 2017, the share of taxes and the amount of taxes paid by the rich went up. It didn't go down.

[Steve Bannon]

And quickly on taxes on this tax day, all kinds of stuff floating out there. We don't have the makings of this bill yet, but there's all kinds of trial balloons going out that the top tier could be tax increase, there could be a raise in the business, corporate tax. Is that real?

[Steve Moore]

You know, in my day, in my experience, which had been a couple of years in this game, in and out of government, I thought it was the Republicans that wanted lower taxes and the Democrats that wanted higher taxes, although I guess that's not always true. I thought the Republicans wanted to reward success, not punishing it. This loose talk about a high, a top, another new bracket for millionaires. I don't think it's a crime to be a millionaire. By the way, small businesses would pay this top bracket. I do not understand this. I can't believe Mr. Trump's going to go along with this. He campaigned on, you know, extending his tax cuts, adding some great middle class tax cuts on tips and overtime and seniors. That's all good. Lowering the corporate rate. If it's made in America to 15%. That's a great inducement for people to onshore. That's what he wants. Why would he want to penalize successful investors, successful people who are helping to onshore, and successful small businesses that strike it hot? I don't understand. And I, I can't, I can't believe what I'm hearing. Giving me a headache. All right, tax day should be tax cut.

[Steve Bannon]

We'll get you some Advil and we will call it a day, but we'll see how it comes together. Larry, thank you so much.

[Steve Moore]

Thank you, Brett.

[Larry Kudlow]

Before we get into the all the good stuff in the tax bill, I want to alert you and your listeners to something I'm that I think is very dangerous. So we need to get all conservatives to shout out against this, which is that there are some in Congress, some Republicans, who want to raise the top income tax rate. That would be a total disaster for those of us who are old enough to remember when George H.W. bush raised taxes and remember, read my lips, it split the party. It, it did great damage to the economy and it led to the election of Bill Clinton. So Republicans would be making a major mistake if they ra raised the top rate. In fact, every time in history. By the way, my buddy Art Laffer has a great book out on this called Taxes have Consequences. Every time we've raised tax rates, the economy has gone into recession, the rich have actually paid less taxes, and the burden has shifted to lower income people. This is not a way to help America. And I just wanted to get out that out there. So I want your listeners to call your congressman or senator, say, do not raise tax rates on anyone. That's not what we do as Republicans.

[Steve Bannon]

Okay? This is not what we do with Republicans. Everything you heard from Hannity, from Steve Moore and Larry Kudlow is just spin and hype. First off, the Bush tack cuts, he raised them against everybody. This is just taking the top bracket and it's a snapback. Goes from 37% to 39% and maybe a new bracket, which I recommend, I strongly support of a new bracket of millionaires to go to 40%. We're not thinking of. People are not pushing this because of any kind of, you know, recriminations or revenge or, you know, soak the rich. That has nothing to do with it. It's very much just back to simple math. Number one, you're doing this so you can afford additional cuts for the working class and the middle class. That would be you, this audience right now. The tax cuts from President Trump are going to be extended and made permanent for you. The upper bracket starts. I think it's 600,000 or 673 or something like that. Okay. It's not going to be extended for them. They will snap back from the 37% to basically the 39%. If you make over a million dollars, you'll be 40% or above and for the billionaires will be 40%. The the reason we're doing this. And so it's not when they say the bush in 92, they're just lying. That was a tax that you raised taxes on everybody. That's not happening here because we have to find additional resources for no tax on tips, no tax on overtime and no tax on Social Security. For the working class and the middle class. The two numbers to keep in mind are 6.5% to 3.5%. President Trump's plan as articulated by Scott Besant. But Scott Besant laid it out many times in the campaign. The run up is to take the deficit, these massive deficits from right now 6.5 or 7% of GDP. And remember, I'm going to give you some facts. All they give you is spin and whining and throwing the toys out of the pram. The deficit for the first six months of the year is $1.3 trillion. I have told you that we're going to blow through $2 trillion and I think you're going to get to two and a half. It's not sustainable. The financing of the 37 trillion in debt, particularly as you're adding essentially a trillion dollars every hundred or so days. Who's the first person to do that analysis and get it out there? You're correct. Stephen K. Bennett in this show a year or so ago, a couple of years ago, what Besson is focused on is the percentage, the six and a half percent we're running as deficit to total GDP at six and a half percent. It's not sustainable. Let me note that that's what's happened in France. When Macron's party was thrown out of the parliament, right. Their Congress was thrown out because their at six and a half percent. They're not. It's not sustainable for them. They had to get to 3, 3.5%, which is not great, but at least it's livable. They went and had a whole bunch of taxes on working class people and the front national or national rally said, no, we want to cut out the globalists, we want to cut the embassies. And that's how they got thrown at that's how they shifted over. This is why Liz Truss was turfed out by the bond market. You have to get to three, three and a half percent. How do you do that? Well, number one, with the supply side tax cut that we're going to have here and corporate taxes to Larry Kudlow, they're not putting the reason we're not going to agree to it's ridiculous to go to 15% is the corporations don't take that money that's saved and put it in plant and equipment to build up the United States and to hire more people. They game the system and buy equity and game it to drive stock price because of their pay packages, warrant packages and option packages. They make a fortune. They walk away. That's not what. You can't trust the corporations. They're not trustworthy. How do I know that? Look at the DEI programs. They were the worst. They were the commissars. The people in the C suites have no values. They don't believe in the Judeo Christian West. They don't believe in the underlying tenets of this country. Kind of maybe they, you know, they'll do a commercial with American flag and some cowboys. Make you feel better, right? They're American. You can tell by their actions. By their actions, ye shall know them. Six and a half to 3.5%. How are you going to get there? Number one, you could grow your way up. But even the consensus is around, I don't know, 2.5 to 3.5, maybe 3%. You get to 3% growth, you're going to be lucky. So you take that as the denominator and you look at all the tax structure you have today and you'll generate, I don't know, four and a half trillion dollars of revenue. But then you got to cut back. No tax on tips, no tax on overtime, no tax on Social Security. Leaves a bigger hole. The spending's not being cut. If they can show us where the spending is being cut. Doge, show me the money you have to have. I'm not trying to dump on anyone. I'm a big supporter. Doge, but we need to see tangible, tangible, tangible cuts. He said it was a train dollar is not going to be. Then he says 150 billion next year. Just, you know, Russ votes said, hey, I'm finding something. I'm trying to do something. He's got a rescission for $10 billion. It's basically optics to take out PBS and NPR and to basically do the first part of usaid which has to be done but we have to cut spending. You're going to have to cut the Defense Party. Don't do that. You're never going to cut the social programs of discretionary. We'll figure out the entire just as discretionary. Now you need a couple hundred billion dollars of cuts. Where's it going to come from? These bills they're talking about, folks have $170 billion essentially for the disaster we have in the deportations and $150 billion to the Pentagon on top of the $900 billion Defense Authorization Act. That's over a trillion dollars. There's going to be held. There's going to be a huge fight on that. They don't want to cut that. So if you're only growing at so much and you have additional tax cuts for the middle class and working class and you're not making massive cuts out of spending, you're doing these tiny marginal cuts. Remember, this is not Steve Bannon just kind of winging it. They went to Doral, the House went to Doral for a three day seminar back a couple of months ago. Remember, they came up with $30 billion. I think the 30 billion was over 10 years. The 1.5 trillion they're trying to fool you with, that is over 10 years. That is $86 trillion currently of spending. 86 trillion of spending. And they want to cut 1.5. So it's all performative and that's the out here. So it'll never happen. My point, my point is the gap here is going to be 6.5%, not 3.5%. It's not sustainable. The bond market is going to have a vote. What we don't want to get into a situation, okay, is where President Trump's already. The alternatives because of what happened to him before, what happened before he got here are getting narrower and narrower and narrower. They just are. We don't have expanding alternatives. We got decreasing alternatives. Why? We have 36 trillion in debt and we've shipped all the manufacturing jobs. We're not a manufacturing powerhouse. And we still have this mentality in the Pentagon. We got to be all over the world. We have two as we sit here tonight on Holy Thursday. And I hate talking about something as grubby as money and taxes in the run up to Holy Thursdays ceremonies and activities. But this has got to be hammered out because there's too much. You're getting all the spin. This is about the upper class. This is about the upper bracket, the wealthy who have all their paid surrogates like Steve Moore, because He's paid by Steve Forbes. And these guys and the Larry Kudlows of the world over at Murdoch and Sean Hannity over at Murdoch are all trying to defend the. And it's just, it's mathematically doesn't work guys. Now one of the reasons I'm saying doing this and it has to be done, I want those people incentivized to cut spending. Why are we not cutting spending? Why is it so hard? Because the wealthy don't want to cut spending because they get a total free ride. They have incredibly low tax structure. Most of them have all types of protection tax breaks on investments they do and other things they do. So they're not really paying that. And with more federal spending you can see everywhere you go, the university, it's all federal spending. Look at the law firms. The law firm sat there and he broke the law firms in 24 hours by including one line, said one, we're taking security clearance away. You're not going to be able to work on government contracts. And by the way, any clients you have that are identified, your identified clients will not be able to go for government contracts while you're retained. Hello. We surrender. We surrender. Why? Because it's all the government trough, that's why spending doesn't decrease. And they say, oh it's entitlement, it's entitlement for the working class. Get a thousand bucks a month from, you know, from Social Security they put in. That's the worst, the biggest mortal sin in the world for these folks. It's the trillion dollar defense budget. I'm a hawk, but I'm a smart hawk about how we have to do it. It not just this just orgy of spending, it's an orgy spending we have everywhere. We have to make cuts and they're going to be tough. The Medicaid cuts are going to be tough on maga. So guys, if you can show me how we get to six and a half from six and a half percent to three and a half percent because even three and a half is not, not sustainable. But it's a start. Show me how you get there without getting a little more, a little something into the coffer. And politically it's a no brainer. What they got wrong is the world has changed since back then, number one, Bush gave a raise to the, to the, to the middle class and to the working class. The world has changed. The politics now it's a no brainer. That's why people are in shock. The Democrats says what are they talking about? They're in shock. Let's put up the, we can put up the Hill story if we can get that up Denver just put that up on the screen. The Hill was the lead story day. It was up almost all day. People are absolutely in shock in the Bill Maher that was the post game in HBO and that's supposed to be kind of comedic. They really want funny answers. But I didn't give a funny answer. The audience gasped. They're so shocked to think that the Republicans would do what has to be done. And it is a profile of courage that has to be done. And politically it's a no brainer. And in addition you got to give these additional cuts and I, you know, there's all types of other things, you know, in the interest all this. There's so many other things to be done to bolster the middle class and the working class. And they say, oh, we pay the bulk of tax anyway. Of course you do. We have the greatest concentration of wealth we've ever had in the country's history. Of course you're going to pay more taxes. I'm actually surprised you pay so little taxes. The concentration of wealth in this country is unbelievable since the financial crisis of 2008 because they all bailed themselves out. This is a no brainer. We're going to fight this one to the bitter end and go over Norcross and these guys. The no tax pledge. Hey, no tax increases on the middle class and working class. I'm 1 million percent down with that. People are too big a tax burden. But for the wealthy that have made out in this country and yes, they're job creators and we're not taking away from the work they did. But no offense, it's not the end of the world. It's a snapback from 37 to 39%. I actually advocated this in 2017 and it would have been the smart, the smarter thing to do. But it was shot down, principally shot down by progressive Democrats in the White House because guess what? We did have progressive Democrats in the White House. It was, I had a failure to launch. But that's okay. I'm, you know, I'm not going to win them all. But I'll be back and I'm going to win some. I'm going to win more than I lose and we're going to win this one because it makes compelling economic sense, it makes compelling political sense and it happens to be the right thing to do. You're going to have all types of things. This is communism. Republicans don't do that. Well hey, guess what? This is why it's a new Republican Party. What they're talking about Steve Moore and Larry Kudlow and Arthur Laffer and Grover Norquist and Sean Hannity are from the land that time forgot. They're from a different day in a different era. And they represent the vested interest in this nation. Right? The wealthy and the wealthy have been irresponsible and we're in a financial crisis right now. I don't need to tell that. But you're. Even if you're middle class, you have a nice job and you have a little money tucked away and some stocks, what would happen if they walked in tomorrow, which they are, it's not with the zero probability and say, hey, you're out of here. Boom. No severance, no salary, no nothing. What in. In the morning of the 101st day, if you don't have a job or don't have a job near the salary, you gonna be in good shape? I don't think so. You can be nervous. With all the work you did and all the education you put in and everything you did, you're gonna be nervous. Well, that's. We're here to make sure we rectify. So this is happening. Birch Gold. Make sure that you understand. Make sure you understand the process of how gold has gotten to all time highs. Okay? Make sure that you understand that. If you understand that, you're going to understand a lot. Birchgold.com Bannon the end of the dollar empire gets you the full understanding of all of that. The process, the reason the world's central banks are buying gold at record race streets. Why is that? Why is the Chinese Communist Party doing it? You understand that you start to unbuckle the chains and get to your financial freedom even before you buy any gold. But I think you talk to Philip, Patrick and the team, they'll set you right. Okay. We're gonna be back here at a good Holy Thursday. A lot of the services are going to start here shortly. We will see you tomorrow morning on Good Friday at 10:00am Eastern Daylight Time. See you then in the war room. Are you a yo yo dieter? 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[Trevor Comstock]

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