Transcript
Steve Bannon (0:13)
This is the primal scream of a dying regime. Pray for our enemies because we're going medieval on these people. There's 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 world to stop that. But you're not going to stop it. It's going to happen.
Stephen K. Bannon (0:34)
And where do people like that go to share the big lie? MAGA MEDIA I wish in my soul, I wish that any of these people had a conscience.
Steve Bannon (0:44)
Ask yourself, what is my task and what is my purpose? If that answer is to save my country, this country will be saved.
Stephen K. Bannon (0:54)
War room here's your host, Stephen K. Band.
Dave Brat (1:04)
All right everybody, Dave Brandt sitting in with the great Stephen K. Bannon. Just action packed news all day today. I'm sure you're just buried in the news like we are. Started off the morning with a tribute to Kerrick in the morning shows. I was with Steve. He wanted me to get into the economy a little bit. We ran out of time. But good economic news today, right? Wages are up 3.8%, inflation's only 2.3%. And so when the wage rate is higher than the inflation rate, you're getting a real wage raise. That's great news. The jobs were good, better than expected. The, the good buried lead in there is government. Federal jobs were down and so you won't hear any of this reported anywhere. Of course the stock market was up. Bunch of good news coming in. We don't pay attention to the stock market. That's not our guiding light. Guiding light is the fundamentals, the real economy. And we want to get into that. I in particular want to hit China today for a reason, right? Ukraine, the never ending war camp, the globalists, the euro folks, the NATO folks, Lindsey Graham, Blumenthal, all of them. And a lot of the House and a lot of the Senate voting for these endless wars continue to vote to fund it. It's just stunning to us. And so now Ukraine bombs the Russian triad. The triad are the three ways that Russia can deliver nuclear warheads. And of course we do not like Russian nuclear warheads in any way, shape or form. But taking out those that triad with US guidance perhaps we don't know that. We don't have the full reports on the CIA, any of that yet. But that makes us all think. And we have to ask the question, how big is China in the background? Right. Because our response to Russia should depend greatly on China, which is a much bigger, much More fierce enemy and competitor. Not competitor, enemy. Right. They've declared war on us. They're taking every advantage of us. So today's shows, I've asked two experts to come on and help us answer that question. I think you all follow the war room. You know the basic stuff, right? China's got ghost cities. Their GDP is down from 10 to 5, and that may be fake data, maybe 2%. People are in the streets complaining about not getting their wage rates, not getting their checks. The debt is 300% of GDP. And I've been reading, you know, the manufacturing is kind of going down. But now there's, I've seen some other reports that say the advanced manufacturing, a few high tech verticals are emerging, they're shifting and they don't care about their people. Right. They just take money and park it wherever they want. So they're going away from manufacturing. And that's linked to the wage rates of a lot of Chinese people. So I don't know if this is sustainable. And so I asked Rich Stern of the Heritage foundation to come in with us. Rich, why don't you take it away? Give us, give us what? Your read on how strong is China relative to the United States and are they, are they increasing in power or decreasing?
