Loading summary
Transcript51 lines
- [00:00]
Donald Trump
This is an iHeart podcast. Guaranteed Human. Speaker Johnson, Vice President Vance, first lady of the United States, Second lady of the United States, Members of Congress, and my fellow Americans. Our nation is back. Bigger, better, richer and stronger than ever before. Less than five months from now, our country will celebrate an epic milestone in American history. The 250th anniversary of our glorious American independence. This July 4th, we will mark two and a half centuries of liberty and triumph, progress and freedom in the most incredible and exceptional nation ever to exist on the face of the earth. And you've seen nothing yet. We're going to do better and better and better. This is the golden age of America. We ended dei in america. For decades before I came along, we had the exact opposite. From trade to healthcare, from energy to immigration, everything was stolen and rigged in order to drain the wealth out of the productive, hard working people who make our country great, who make our country run under Biden and his corrupt partners in Congress and beyond. It reached a breaking point with the green news scam. Open borders for everyone. They poured in by the millions and millions from prisons, from mental institutions. They were murderers. 11,888 murders. They came into our country. You allowed that to happen. And record setting inflation that cost the typical family $34,000 in just a speck of time. Now the same people in this chamber who voted for those disasters suddenly used the word affordability. A word. They just used it. Somebody gave it to them knowing full well that they caused and created the increased prices that all of our citizens had to endure. You caused that problem. You caused that problem. They knew their statements were a lie. They knew it. They knew their statements were a dirty rotten lie. Their policies created the high prices. Our policies are rapidly ending them. We are doing really well. Those prices are plummeting downward. The price of eggs is down 60%. Madam Secretary, thank you. The cost of chicken, butter, fruit, hotels, automobiles, rent is lower today than when I took office by a lot. And even beef, which was very high, is starting to come down significantly. Just hold on a little while. We're getting it down. And soon you will see numbers that few people would think were possible to achieve. Just a short time of. As you probably saw at the White House, I hosted a ceremony with Americans who lost their treasured loved ones to the scourge of illegal immigration. People came into our country. How we allowed this to happen with our open borders. These are the angel moms and families that for decades our government betrayed and our media totally ignored. Totally ignored. It was terrible. Hard to believe actually, in 2023, a 16 year old high school cheerleader named Elizabeth Medina was supposed to perform in her town's Christmas parade, but she never arrived. Her mother, Jacqueline, went home to look for her and she found her lying dead in a bathtub, bleeding profusely after being stabbed 25 times. Lizbeth's killer was a previously arrested illegal alien who had broken in and brutally, really, just brutally extinguished the brightest light in her family's life, violently and viciously. Her heartbroken mother is in the gallery to remind everyone in this chamber exactly why we are deporting illegal alien criminals for our country at record numbers. And we're getting them the hell out of here fast. We don't want them. Thank you very much, Jacqueline. Thank you. We can never forget that many in this room not only allowed the border invasion to happen before I got involved, but indeed, they would do it all over again if they ever had the chance. If they ever got elected, they would open up those borders to some of the worst criminals anywhere in the world. The only thing standing between Americans and a wide open border right now is President Donald J. Trump and our great Republican patriots in Congress. Thank you. Thank you. As we speak, Democrats in this chamber have cut off all funding for the Department of Homeland Security. It's all cut off. It's all cut off. They have instituted another Democrat shutdown, the first one costing us two points on gdp. Two points we lost on gdp, which probably made them quite happy, actually. Now they have closed the agency responsible for protecting Americans from terrorists and murderers. Tonight, I'm demanding the full and immediate restoration of all funding for the border security, Homeland security of the United States, and also for helping people clean up their snow. We have no money because of the Democrats and it would be nice to. We'd love to give you a hand at cleaning it up, but you gave no money. Nobody is getting paid. It's a shame. So you have to think about it. We have, in case you didn't know, pretty large snowstorm out there. One of the great things about the State of the Union is how it gives Americans a chance to see clearly what their representatives really believe. So tonight I'm inviting every legislature to join with my administration in reaffirming a fundamental principle. If you agree with this statement, then stand up and show your support. The first duty of the American government is to protect American citizens, not illegal aliens. It's. It's in that shame. You should be ashamed of yourself. Not standing up. You should be ashamed of yourself. That is why I'm also Asking you to end deadly sanctuary cities that protect the criminals and enact serious penalties for public officials who block the removal of criminal aliens, in many cases, drug lords, murderers. All over our country, they're blocking the removal of these people out of our country. You should be ashamed of yourself. And perhaps most importantly, I'm asking you to approve the Save America act. To stop illegal aliens and others who are unpermitted persons from voting in our sacred American elections. That cheating is rampant in our elections. It's rampant. It's very simple. All voters must show voter id. All voters must show proof of citizenship in order to vote. And no more crooked mail in ballots except for illness, disability, military or travel. None. And this should be an easy one. And by the way, polling at 89%, including Democrats, 89%. And even the new communist mayor of New York City. I think he's a nice guy, actually. Speak to him a lot. Bad policy, but nice guy just said they want people to shovel snow. They got hit hard. Want some dishevels? No, but if you apply for that job, you need to show two original forms of ID and a Social Security card. Yet they don't want identification for the greatest privilege of them all voting in America. No, it's no good. No good. Both Republicans and Democrats overwhelmingly agree on the policy that we just enunciated. And Congress should unite and enact this common sense, country saving legislation right now. And it should be before anything else happens. And the reason they don't want to do it. Why would anybody not want voter id? One reason. Because they want to cheat. There's only one reason. They make up all excuses. They say it's racist. They come up with things. You almost say what imagination they have. They want to cheat. They have cheated. And their policy is so bad that the only way they can get elected is to cheat. And we're going to stop it. We have to stop it, Josh. And here is one more opportunity to show common. Look, nobody stands up. These people are crazy. I'm telling you, they're crazy. Amazing. Boy, oh boy, we're lucky we have a country with people like this. Democrats are destroying our country, but we've stopped it just in the nick of time, didn't we? But when it comes to the corruption that is plundering, really, it's plundering America. There's been no more stunning example than Minnesota, where members of the Somali community have pillaged an estimated $19 billion from the America taxpayer. We have all the information and in actuality the number is much higher than that. And California, Massachusetts, Maine, and many other states are even worse. This is the kind of corruption that shreds the fabric of a nation. And we are working on it like you wouldn't believe. So tonight, although started four months ago, I am officially announcing the War on fraud to be led by our great vice president, J.D. vance. We'll get it done. And if we're able to find enough of that fraud, we will actually have a balanced budget overnight. It'll go very quickly. That's the kind of money you're talking about. We'll balance our budget. The Somali pirates who ransacked Minnesota remind us that there are large parts of the world where bribery, corruption, and lawlessness are the norm, not the exception. Importing these cultures through unrestricted immigration and open borders brings those problems right here to the usa. And it is the American people who pay the price in higher medical bills, car insurance rates, rent, taxes, and perhaps most importantly, crime. We will take care of this problem. We're going to take care of this problem. We are not playing games. Delilah, You are a great inspiration. Please stand up. Thank you, Delilah. Many of that. Most illegal aliens do not speak English and cannot read even the most basic road signs as to direction, speed, danger, or location. That's why tonight I'm calling on Congress to pass what we will call the Delilah Law, barring any state from granting commercial driver's licenses to illegal aliens. This is especially true among young people. And a big part of that had to do with my great friend, Charlie Kirk. Great guy, great man. So last year, Charlie was violently murdered by an assassin and martyred, really martyred for his beliefs. His wonderful wife Erica is with us tonight. Erica, please stand. Thank you, Erica. Been through a lot in Charlie's memory. We must all come together to reaffirm that America is one nation under God. And we must totally reject political violence of any kind. We love religion and we love bringing it back. And it's coming back at levels that nobody actually thought possible. It's really a beautiful thing to see. You have just experienced the longest State of the Union ever in State of the Union history.
- [19:50]
Bo Davidson
It wasn't just the feeling you had,
- [19:52]
Donald Trump
it was the math. Over an hour and 47 minutes, the
- [19:57]
Bo Davidson
president blowing out of the water the
- [20:00]
Jim Rickards
previous record for the longest State of
- [20:02]
Donald Trump
the Union speech ever, a record he himself set last year.
- [20:08]
Steve Bannon
In terms of the length of the
- [20:11]
Donald Trump
speech, which I think will probably be the. Bottom line up front, that people take away from the speech was just how achingly long it was.
- [20:23]
Jim Rickards
Right direction, wrong direction. We asked that about Trump's policies among speechwatchers. Now remember, this is a poll among speechwatchers. So it is a much more Republican universe that got pulled here because Republicans tune in in greater numbers for a Republican president's State of the Union address and the results will show you exactly that. 64% say Trump's policies would move the country in the right direction. 36% say the wrong direction. I just want you know, our, our poll of the overall electorate is the exact opposite of that. So in the overall population, he's upside down this way. But among speechwatchers tonight, 64% say his policies will move the US in the right direction. And look at the growth President Trump made over the speech. So pre speech it was 54% of speech watchers said his policies will move the US in the right direction. After the speech, that number goes up 10 percentage points. So Donald Trump made some progress with people watching the speech from their pre speech expectations to what they saw in the speech itself. And that 64% number, that's pretty much in range across all of his State of the Union addresses in his first term last year, the joint session, that's about what we've seen is roughly 2/3 have walked away from his speeches thinking he's going to move it in the right direction.
- [21:36]
Bo Davidson
So a lot of red meat for the base.
- [21:38]
Jim Rickards
Yeah, there's no, no doubt about that. I, if you're a Republican on the ballot in 2026, I think you leave this speech being as happy as you could possibly be that he sort of stuck to the script on the economy. He gave the red meat to the base on immigration and they can leave the home tonight and sort of take that out on the campaign trail.
- [21:57]
Steve Bannon
You saw Rachel Maddow in this crowd. Welcome. It's Wednesday, the 25th of February, Yuval or 2026. John Solomon, Jim Rickards, many others, we're going to get it all in this morning. That was not a speech. That was a historic moment. He called out these demons, these traitors, these haters of America to their face, not simply on national tv, but on global television. It was magnificent. And we've got, we've separated out the Medal of Honor part. We're going to do different aspects that we want to honor during today's the morning show and the afternoon show. I want to bring in John Solomon. First off, John, I know you talked to the president before, after I had a chance to catch up with him this morning. Your, your, your, your thoughts on this speech and not even speech, this historic moment that we were all able to participate in last night. Sir.
- [22:48]
John Solomon
Yeah, listen, I think it was a call to action. He divided the room into two people Patriots, people who love their country will celebrate the 250th anniversary of America because it's who believe that their border should be closed and that their city should be protected from bad criminals and that their spending should go back to levels that don't bankrupt the country. And then the hatreds, those who sit and can't even applaud a young child who recovers from a heinous traffic accident can't applaud or even cover an event that honors parents who lost their loved ones to fentanyl or to border crimes. Can't even applaud American military heroes whose contributions are beyond anything any of us could imagine doing in, in the call of duty. Those are the hatreds. On one side they sat, they pouted, they. All they could do after the speech was to give their anger at Donald Trump. The only message they had is that Donald Trump's a bad guy. Last night Donald Trump went in the room and said America is a great country. Look around you. Look at the people that are sitting here. The, the, the hockey team, the military patriots, the survivors of Horri rhymes. This is what makes America great. And oh, by the way, I'm not going to talk just about my accomplishments. I got to tell you what comes next because I made bottom line, I'm going to do it next. And he laid out six or seven really big ideas. The only idea the Democrats have had since 2016 is that Donald Trump's a bad guy and we'll just sing that all day. And illegal aliens are better than Americans, literally. The president divided that room into two campsite and he has set the stage now for Republicans to run in the 2026 election on that either you love your country, you love common sense, you embrace American heroes and you do the right thing by our country, or you hate it and you play with the communists and the socialists and the defrauding illegal immigrants and the raping and marauding illegal immigrants. That's how we broke down the battlefield last night. Could not be any clearer. I agree with the CNN assessment. If you're in the Republican Party last night your president just inspired you on how you're going to run and win the 2026 election. Which really gives the Republicans maybe a six or ten year run in Washington.
- [25:05]
Steve Bannon
But and here's the beauty for an audience that is low propensity and low information. They don't follow a lot of politics. Is on broadcast last night. That's where he's got a chance to talk to the nation. And he sets a trap and then tees it up perfectly. This is why Trump's superpower and his skill set is so far beyond traditional politicians, because he's not a politician. He set the trap about, I want everybody to stand if the first responsibility of the American government. He didn't say his administration of the American government is the protection of American citizens over illegal aliens. And they just sat there. He closed the trap on national TV and their faces and their screaming. And of course, a couple of the smart ones realized he just got us right there because it's a high relief. It's not by some marginal policy. Go ahead, sir.
- [25:55]
John Solomon
Yeah, you look at the shots of Hakeem Jeffries. He knew that the Democrats got Trump last night. And. And I think that, that, you know, it's a great moment. Now the question is, where do conservatives go from here? Where do Democrats go from here? I thought Spamberger had an opportunity last night to be a little different than the rest of her underperforming party and to maybe lay out some fresh ideas. Instead, she stumbled and bumbled and read a script that probably wasn't even hers. And all it was was, we hate Donald Trump. You should hate Donald Trump. You were morons to elect this guy. Shame on you. They're offending over half the country, and they simply don't understand that. And until Democrats get an idea machine going that actually connects with middle America, they're in grave danger. And for the other side, Donald Trump basically told all you guys, I didn't make any excuses last night. I didn't say I can't get the tariffs done because the Supreme Court overruled me. I said, I'm coming back and I'm going to get it. Stop making excuses, get off your duffs, and get the rest of this agenda done before we go to the ballot box in 2026. And that includes a save act, some more tax cuts, real savings in the government, something that Republicans have failed even though Doge set them up for success. And now JD Vance is set up for that success. And then accountability. Accountability for the double jeopardy. Many abuses of American civil liberties by the hundreds, maybe the thousands. Now, as we start to look at the FBI intelligence community's conduct, there may be hundreds of thousands of Americans whose civil liberties were abused and violated in a conspiracy to get Donald Trump. Didn't matter whether you were legally culpable. You were going to face the wrath of government if Those things happen. If you get the Save act, if you get some more spending cuts, if you get that sort of accountability, Donald Trump will have his army out in bundles in November and Democrats will be buttoned down. But that's a big if. We haven't seen the Republicans in that room. Keep up with the guy that was on that podium.
- [27:58]
Steve Bannon
I know you got to bounce, but you've got some breaking news and stories you're bringing up. Adjust the news. Give us, just give us the. You're the pathfinder. Tell us what's dropping and what's about to drop.
- [28:09]
John Solomon
What we have just a few minutes ago and put up on just the news is a story that we got thousands of pages of documents. We had to sue for multiple years with the help of America First Legal to get Fannie Willis to finally cough up. What do they show? They show that Fani Willis, the Fulton county district attorney who brought the first state case against Donald Trump that mirrored or mimicked the Jack Smith case against President Trump, was in deep collusion with the justice department, with the January 6th Democrats and the Biden White House. Yep. Joe Biden's White House said, we'll waive Donald Trump's executive privilege for you. The Justice Department said, said we'll waive and approve your 2E requests, which are requests to get federal workers to help you build a state case against a federal or national figure. The fix was in. And why is this important? Because this is the best proof we've had to date. These documents, 8,000 pages. Everybody should go read them. They're up at just the news. They show that the Democrats intentionally and strategically created a double jeopardy double drain machine to go after Donald Trump, potentially another violation of the civil liberties of Donald Trump and his followers, who were prosecuted and pursued after the 2020 election. We have double jeopardy. We're protected from being prosecuted for the same crimes in two places. Except in this case, you see the Biden Justice Department, the Biden White House and the January 6th Democrats trying to push Fani Willis to create a double jeopardy, double drain situation for Donald Trump. That's not what we do in America. If you're a patriot, if you're a hatred patriot, you might do that. This is day one. Tomorrow we're going to show people whether there was a financial incentive, a financial reward, a financial. Follow the money stream to Fani Willis that comes in as she's pursuing this. And you can assume that if it happened in Georgia. Well, we have similar election cases now in Wisconsin and Arizona. The next question will be for the Justice Department, for the FBI, for the congressional investigators like Barry Loudermilk, who's coming on my show tonight. Right. Did it happen in those states? Was this so orchestrated that federal taxpayers were funding the state efforts to smear Donald Trump to create double jeopardy, double drain situations in multiple states? It will become part of the conspiracy case. It is now working out of Miami. That's what's out next week. I think we'll get our first taste of some of the new election integrity revelations that people like Tulsi Gabbard and Cash Patel and Pam Bondi have been working on. And we'll, we'll learn of some new intrusions and some things that should concern us and that we can fix with the 2026 election. I think it's the sort of stuff that will wise up some senators who might be on the fence on the SAVE Act. They might get a little smarter when they hear these next revelations. Probably next week.
- [30:48]
Steve Bannon
By the way, the exquisite timing because tomorrow is the trial or Friday's the trial in Georgia. We'll get more into that. John, Amazing, not just investigative reporting. What John Solomon has been through for years to fight this is just extraordinary. And I got to tell you, revelations about J6, the White House and DOJ Peter Navarro, be on at 11 o'.
- [31:07]
Jim Rickards
Clock.
- [31:08]
Steve Bannon
We are now prouder than ever that we did not bend the knee to these criminals. And I am so proud that Peter and I went to prison because of these criminals right here. And this will all come out. But it's disgusting what they did. And the president United States called them out to their face of the demons, haters and traitors that they are are. This is not about any policy differences. This is about either love this country, you want to save this republic and you back President Trump, or you're on the other side. There's no middle ground here. John Solomon, where do people go? The reporting's amazing. Investigations incredible. And you're picking up momentum on this thing and it kind of driving you're on point is what I say. Where do people go?
- [31:46]
John Solomon
John, thank you. Yeah, just the news.com Jay Solomon reports on all social media platforms and I'm lucky enough to follow you at 6:00 right here on Real America's Voice. Every night, just the news, no noise with the amazing, amazing Amanda Hatt.
- [31:59]
Steve Bannon
Fantastic. Thank you, sir. Everybody go there. They break the news all the time. Want to thank Real America's Voice, Parker, Rob, Sig, the entire team, Denver, Palm beach, everybody. Last night, just a magnificent broadcast. Just incredible teamwork. Everywhere, covering like nobody else. All to the rallies, the Democrat, the fake rallies. These people are criminals. Watch Solomon's reporting. Why do you think Peter and I wouldn't bend the knee to him. Pelosi in that crowd. And all of them, right, all of them criminals. This is why it's a moment. Last night was a moment. And we have to fire off the football here. We have to be force multipliers on this content. Jim Rickards, you join us. You've been around Washington, New York, the centers of power for a long time. First off, your assessment of what you saw and what you heard last night. And like I said, we're going to play the Medal of Honors. We're going to have Terry Schilling about that. The transgender ideology. All this coming later. Before I get into the geopolitics of it, sir, just give me your sense of what happened last night.
- [33:00]
Jim Rickards
Yeah, thanks, Steve. I thought about the speech in kind of three different dimensions. One is policy, whether Republicans in particular, but the population as a whole care about. Two, I'll just call theatrics. And then three, does this make any political difference in the long run? I'll start with the theatrics. I mean, you know, communications theory, the research is very clear. Something like this, people actually don't listen to it. They're listening, but they're not. They don't listen. What they do is they watch. They form their judgment by what they see. The theatrics were excellent for Trump. It was, you know, the closer. You know, Rashid Taleb and Ilhan Omar, they looked, you know, impotent, frustrated, marginalized, and they were yelling, screaming, whatever. But what a pathetic show. Elizabeth Warren, when Trump mentioned the capture of Nicolas Maduro, Venezuela, she winced as if, well, what a horrible thing. I mean, and you can't control that. A lot of it's just reflex. But the camera doesn't lie. So I said that in that sense, the Democrats look like complete losers. Again, almost not a serious, not important party on the other side. Yeah, The Congressional Medal of Honor, Olympic hockey team honoring various Americans and then paying respects to people who suffered tragedies. It was all very good. Have had won, by the way, the Congressional Medal of Honor winners and the Freedom, the Presidential Medal of Freedom winner, well deserved. No question about that. I might have had one or two less, maybe just one. Put the rest in the Oval Office, a little more dignified setting. It was almost like they were handing them out, but. But, okay. But the winners deserve them. But I thought that was a little bit overdone. But the, the visuals were extremely good for Trump. On policy, again, you know, what's not to like? Tariffs will replace the income tax. Lower drug prices with Trump RX requiring data centers to provide their own electricity so the cost doesn't go to consumers, matching grants or private retirement plans. Stop the insider trading Act. War on fraud led by J.D. vance. I mean, I could go on and on. That's what a State of the Union address is in some way. So this was all excellent. I agree, personally agree with every one of those policies, but that doesn't matter. What matters is, you know, are you appealing not just Republicans, but also to independence? The answer. The answer was yes. But there were two other things that I thought were very revealing. On the big issue, war and peace, he said very little. Now, he did say something very important, which is that Iran will not be allowed to have a nuclear weapon. He was categorical. There were no conditions on that. Well, if you say that and Iran doesn't agree, then you have a war. So I do. We talked about this before. I do expect the attack to come. I'm circling March 10th as a date. But what Trump said left very little doubt about it because clearly, if Iran's not going to agree to that. And so you can expect to where. The fact that he said so little to me was actually very revealing, where this fell down and where I would be. By the way, I voted for Trump six times in primaries and general elections, so I'm on his side. But where he, I would say, failed. This has to do with the politics of it, where we go between here and the midterm. Did he, did he move the needle? You know, John Solomon had a very good analysis. He said the Democrats don't have any issues except I hate Trump. They actually do have one. It's the affordability issue. The White House was slow to realize that. I think Suzy Wiles was important in kind of getting them focused on that, but they still don't understand it. The White House does not understand the affordability issue. They're talking about a lot of things. When Trump said inflation is plummeting, it's not plummeting. Actually, the latest data, it's about the same. Up a little bit, by some measures, down by others, but it's not really moving a lot. But here's the thing. We don't have prices going down. When you say inflation is slowing, they're still going up, and they're going up a very high base. Now, was this Biden's fault? Absolutely. This was the Democrats and Biden's fault, the Inflation Reduction act, which was a trillion dollar fraud, and then the, the COVID act, which Biden put in, which is another trillion dollar, you know, bonanza. That's what caused the inflation. But at this point, the American people don't care. They're like, okay, yeah, we get it. The Democrats caused it. That's why we elected Trump. But now what are you going to do about it? And you can't fix a problem if you don't understand it. And the White House does not understand it. And here's why. They're looking at, you know, GDP, inflation, household income, etc. They're important numbers and some of them are mildly positive in that sense, but they're all averages. And the White House doesn't understand that an average hides as much as it reveals. So even if the average favors you, you have to look behind the average and say, okay, what's the degree distribution? Not to get geeky, but it's like, okay, an average is just a whole bunch of people. Add them up, divide. There's your average. But what's behind it? What's the skew? And what you find is that income is 80 or 90% of the gains on average are going to 10 to 20% of the people, which means 80% of the population is being left behind. And that's what the White House doesn't see. And you have to see that to really address what people are concerned about. So theatrics, great policy. Great. I think the fact that he said very little about the war with Iran was revealing. That means the war is coming. But on the big issue, which is affordability, which is what the midterms will probably turn on, I think the White House still doesn't get it.
- [38:34]
Steve Bannon
I'll hurry back on, discuss this because I want to talk about growth and, and wage growth, all of it. But we'll get into the economics hopefully later in the week or next week. Jim, we get you back. I want to go back to the war. He was as definitive as I've heard him ever saying. You can't have a nuclear weapon or part of a nuclear weapon. Jared Kushner and Witkoff are supposed to be, I guess Jared caught the red eye. They're supposed to be in Geneva today to talk to the Persians and they still can't get in the same room. I think President Trump, you're going to hit a limit that he's not going to sit there and these inner, you know, the Persians are in one room. Jared and Wyckoff Another. And they're passing notes back and forth with the Omani or with the Oman guys or with the Swiss. I think he's gonna, if they don't get into a room and start having a real discussion and not the Persian way to negotiate, let's negotiate the next meeting. The size of the table, you know, what the notes are. I, I agree with you. I think he's, I think he's. He says, I want peace, I want a deal, but I'm not. We're not going to play games. When you say March 10, is that because of Ramadan, or when you think the air wing will be ready on, on the second carrier strike group? Why are you picking the tenth?
- [39:46]
Jim Rickards
Yeah, it's more about the air wing and the interoperability and getting signals coordinated. Nothing to do with Ramadan. I don't think Trump cares that much about that. It's, you know, the second carrier group, the carrier strike force, Gerald F. Ford is in place. So they're there, but they can't just start launching planes off the deck. There's a little bit more preparation, and what we have is diplomacy and preparation for work going down on the same tracks, and it was working in parallel. Of course, you want a diplomatic solution, but one of the ways you get there is to show that you're prepared for war. One thing we know about Trump, and he can talk to Maduro and Sheinbaum, president of Mexico, about it, he's not bluffing, and he's made that clear. And I think he made it clear last night. He didn't have to say a lot. He said the one categorical thing, which is you cannot have a nuclear weapon. Now, message to the Iranians. Tell us what you're prepared to do in terms of verifiability, transparency, shutting down these programs, etc. If you can, if you can't do it quickly, meaning in days, maybe a week at the most, then, then the attack is coming. How the attack unfolds, do you think that that remains to be seen, probably.
- [40:52]
Steve Bannon
Do you, do you think he's, do you think he's framed this, that I'm not looking for a regime, I'm not in a regime change war, but I'm in. I'm going to take out their nuclear program. And if I, if the ayatollah and the mullah's got to go down to get there, that's going to happen, too. But this is not, not a war. It's not a war of choice. It's not a regime change war. He's to do it, to eradicate the possibility of nuclear weapons. Although I thought we had total obliteration back in the 12 Day War. Your thoughts, sir?
- [41:21]
Jim Rickards
Yeah, I mean, from the Situation Room, the information was that this is a two step plan. Step one, pretty difficult, but pretty conventional military. Take out the air defenses, take out the factories that make the drones, take out the ballistic missiles to the extent you can basically degrade Iran's ability to strike back or attack US assets or Israel in the area. And Israel will be part of this. Clearly we haven't talked about that a lot, but it'll be Israel and the United States. That's stage one. Then you take a beat and you turn to the Iranians. Okay, you got the message. Now do you want to talk or not? Maybe, maybe then something different will happen. That remains to be seen. But if not, then you go to stage two. And then
- [42:04]
Steve Bannon
you're saying, you're saying coercive diplomacy, that this will be coercive diplomacy if they don't come to the table. Now, Jim, Predictive analytics. What is it and why does it make Strategic Intelligence your newsletter, so different than all others?
- [42:19]
Jim Rickards
Thanks, Dave. Yeah, we basically, we have, like I said, we're not smarter than anybody else, but we have better models and make better use of them. So our models rely, they don't rely on, you know, bell curves and normal distributions and all that. We use complexity theory, we use behavioral psychology, we use history to a great extent. We use basically applied mathematics of various kinds and Bayesian theory, which, which is a, it's a theory when you, when you don't have all the information. I always say if you have all the information, a smart high school kid can solve the problem. How do you solve problems when you don't have all the information? That's more difficult. That's where this base theory comes in. We use all those great track records. So we basically, what we offer our readers and our subscribers is we're going to tell you what's going to happen next. And we just did. In this interview, you can see how the war is going to play out in stages. And again, as of now, the White House does not have a good handle on the midterm elections. But they could, but it's getting late. So this is what our models are telling us. We offer this through our newsletter. You can go to rickardswarroom.com that's rickardswarroom.com our flagship newsletter, Strategic Intelligence. One issue a month. I put a lot into it and you get the kind of predictive analytics we've been talking about.
- [43:36]
Steve Bannon
And you get a free throw in the free book about money, GPT, where you talk about fiat currency and artificial intelligence. That'll keep you up at night. Jim Rickards, Rickards war room.com go. You get access to strategic intelligence. The what the C suite is reading Chairman of the boards and CEOs throughout the world. You'll be as informed as anybody. And Rickards, you're pretty damn smart. Don't, don't, don't, don't. So let's start talking your book. Okay. As they say on Wall street, brother, thank you so much. Appreciate you changing your schedule to do this.
- [44:11]
Jim Rickards
Thanks.
- [44:14]
Steve Bannon
Rickard's war room is Bo Davidson. To have Bo up is Bo join. So, Bo, we left you last night. You relieved the watch and you relieved the watch with Spanberger. Give me a minute or two about that. I'm going to call you through the break and bring you back about the speech, but you had the honor of having the Spanberger watch last night. Your thoughts, sir?
- [44:35]
Bo Davidson
Yeah, the honor or dishonor, however you want to view it. But it is an honor to be on your program. Steve with you. Thanks for having me. Some really tremendous coverage last night, by the way. RAV team front to back, Abigail Spanberger. Steve opened her non speech with three questions. Is the president working to make life more affordable? And I think all three of these questions, by the way, Steve, were rhetorical. I think the answer unequivocally is yes. Second question, Steve, is he working to keep Americans safe? Well, we watched almost two hours of his speech where he talked about protecting Americans and calling out Democrats that can't stand up who don't understand the fundamental role of the American government. So that answer, is he yes. Her third question, Steve, is the president working for you? All the things that were laid out in that speech, from his policies to his vision to what he's going to do coming down the road, that answer is also unequivocally yes. So she had three rhetorical questions at the top of her speech that she tried to keep answering and saying the answer is no. But I think after what we saw in an hour and 47 minutes or so, the answer was yes to all three of those questions. She stepped in it did she.
- [45:40]
Steve Bannon
And also it looked, correct me if I'm wrong, it looked tiny compared to the scale of President Trump, did it not, sir?
- [45:48]
Bo Davidson
It looked very, very small. It looked like they had paid extras from central casting to come in there and clap for her. You know, you look at the scale of the State of the Union I'll admit it would be tough to, to, to to try to create something similar. It's kind of like what what the great work Turning Point USA did with their halftime show. If you're going to go big, you have to make it at least somewhat equivalent to what just happened. Now, maybe they couldn't have predicted that Trump would come out with one of the most amazing speeches he's ever had, but to have a little piddly group of 10 people clapping for you with that tepid speech, it just didn't cut the mustard for me.
- [46:19]
Steve Bannon
Did not. Bo Davis is going to stick through the break. We're going to talk about the speech itself, the optics, the power of image and symbol. It was a historic moment last night. It was not a State of the Union speech. This is an inflection point point. Bruce Springsteen is going to take you out. This is the opposition. There's, there's nothing to debate here. There's no debate and there's no debate. They're not going to convince us. We're not going to convince them. One side's going to win and one side's going to lose. This is where we are now in America in the year of our Lord 2026. Short commercial break Bo Davidson on the other.
- [46:57]
Donald Trump
They killed and roamed in the winter of 26. Here's your host, Stephen K. Banner.
- [47:09]
Steve Bannon
Okay, gold is up over 5,200 bucks in the, in the, in the headline crossing the Bloomberg tape is because of uncertainty on tariffs and geopolitical risk. Peter Navarro is going to be on in a moment to talk about the tariffs, but geopolitical risks, that's a fancy term for war. President Trump and Rickards had this right. I don't agree with Jim on the affordability issue. We'll have Jim back on. He's a very smart guy to walk through that and break it down. But President Trump is about as blunt as he's ever been. And as you know, we adamantly oppose a regime change. We're in Iran. But President Trump's been very consistent on this with the nuclear weapon, and people can come back and say, well, they're an independent country, they can have it, do what they want. Well, hey, he's saying that's not going to happen on his watch. And I think that's one of the reasons gold's on fire again. Now, it's not about the price of gold, it's about one what underlies the gold as a hedge. And now moving to a financial asset like it was in the 19th century who know that Birchgold knows that. The end of the dollar empire. Friday is the cutoff day. If you go to birchgold.com right now, promo code Bannon, you get access with a qualifying purchase through Philip Patrick and his team, you can get a free edition of the Patriots edition of the End of the Dollar Empire. We've put it in hardback. This thing's like in his third or fourth printing now with Birch Gold because they're flying off the shelf. So Friday's the cutoff. Let's make it happen. Go to birchgold.com promo code banner or take out your phone and just text Bannon B A N N O N at 989-898 to get the ultimate guide, which is free and no obligation from Birch Gold. And talk to Philip Patrick and his team. Bo, last night was interesting as you watched Spamberger, she's the president, because he didn't have a State of the Union last time, but traditionally you do go up every year. He went a couple weeks right after the inauguration to give an update on the Nation, and the response by the Democrats was Slotkin in Michigan. Then they had Spanberg in Virginia. They've picked two CIA operatives that did now have an elective politics. I find that quite odd. The pattern recognition there is so obvious. Beau, your thoughts?
- [49:22]
Bo Davidson
It is. I think you bring up a very valid point, Steve, if nothing else, I think we have to look at it nefariously at its very least. You know, I suppose, Steve, that they picked Spanberger because of her victory in Virginia and thinking that she's like the face of the party, this repudiation. But I think we saw that fail last night. And to be honest, I don't even know if it mattered who was speaking last night, because the dichotomy of what we saw between President Trump's aplomb versus Ilhan Omar and Rashida Tlaib and their pettiness, their childishness, I think that's actually what became the face of the party last night. No matter what Abigail Spanberger said, her tepid milktoast response, I think was not only just a throwaway, but there's no way she could possibly top it. And after what we saw visually, I think there's no way that she could come back and all she could do was retreat at that point. It was a terrible speech. Terribly delivered, terribly written, as opposed to the masterfully written and masterfully delivered speech by Donald Trump.
- [50:16]
Steve Bannon
Beau, with all the different. We're gonna be putting clips up all day. We just had a 22 minute cold open and we're still trying to cut and make sure we get a great piece on the Medal of Honor winners. And Terry Schilling's gonna come on. We're gonna the transgender of everything you saw last night, the optics, the power. Give me your one or two items you would tell people to focus on today.
- [50:38]
Bo Davidson
Well, there are four themes that kept running through last night's speech, Stephen, and I want to focus on the fact you talked about this being an experience. There's a Greek word called kairos. It means a unique moment in time, a unique moment for decisive action. I think that's what we saw last night. You know, kudos to Ross Worthington and Vince Haley for incredible writing. But there were four themes, Steve. One was celebration and you just touched on it there. It's the men's hockey gold. It's the 250th birthday FIFA World Cup Olympics in LA. The medals of Honor celebrating our veterans, our heroes. Scott Ruskin, Eric Slover. Amazing men, amazing men and women who have done heroic things. That's something we all as Americans can and should and must celebrate. Yet half of the room, Steve, is not standing up. So there's a delineation. And that's kind of my second theme really that I saw from the speech was this differentiation or demarcation. He mentioned the Dinah Washington song almost what a Difference a President and Daniel, that's the song that kept playing in my head. The differentiation of Trump versus Biden, of Republican versus Democrat, of logic in the Republican Party versus insanity in the Democrat Party, of Rubio versus Hillary Clinton, as far as Secretary of State goes of an open border versus a closed border. There was this differentiation that kept happening in demarcation and the line in the sand. You got to stand up if you believe that the government's first role is to protect American citizens and not illegal aliens. And that line was drawn, my friend. And when that line was drawn and nobody stood up on their side of the aisle, I think we saw what happened, what we witnessed last night in terms of American history, that it cannot be overestimated. So that's theme number two, Steve. For me, the third theme was explanation. Every policy that Donald Trump laid out last night, he had a living, breathing witness to it or a witness to what the bad policy was before him. We could run through those on the tax plan. Megan Himhauser getting an extra $5,000 to take home this year. Trump Rx, Catherine Rainer with lower priced IVF drugs, border policy, having Delilah Coleman and Lisbeth Medina's mom, victims of terrible policy on crime. Irina Zarutska's mom, Irina, stabbed, of course, in North Carolina. Transgender policy. Sage Blair, who couldn't inform her parents of the policy. And foreign policy. Enrique Marquez being saved from a Venezuelan prison. Every single policy he laid out, he had a living, breathing witness for it. Or someone who'd been, unfortunately, the victim of a bad policy under the previous administration. And lastly, Steve, I'll just say this. I think the fourth theme was vision. What he laid out, what we're looking what's coming down the road, retirement accounts. Delilah's law requiring tech companies to provide their own power. This was the vision that Donald Trump laid out. Here's what we've done that's good. Here's what's coming down the road that
- [53:13]
Steve Bannon
you can like Kairos. Where do you get that besides real American America voice and war room? Bo Davison, you just stuck the landing. Where do people. Where do people get you, sir?
- [53:25]
Bo Davidson
Go to the bow. Davidson. B E A U D A V I D S O N And again, Steven, honored to be on this program with you. It was an honor to share the programming with you last night and all the great rap team that we had covering last night.
- [53:36]
Steve Bannon
Amazing coverage. You guys did great. Thank you so much, Bo.
- [53:39]
Bo Davidson
Thank you, my friend.
- [53:39]
Steve Bannon
Look forward to having you back. Let's cut that clip. That's the best summary this speech I saw. It's a, it's an event, a historic event, an inflection point. It's now upon us to take it upon our shoulders and to drive this last night, President Trump told you loud and clear this is a base election in 2026. There's. They're not persuadables. They're turning out their side. We got to turn it our side. We're going to leave you with Natasha Owens up in Bruce Springs. Theme's face. Take a short commercial break. Peter Navarro, Terry Schilling, Brian Kennedy next in the war room.
- [54:18]
Jim Rickards
Where is your song for the hurting man?
- [54:23]
John Solomon
I was born in the USA and
- [54:25]
Donald Trump
I used to be a loyal fan.
- [54:29]
Jim Rickards
You preached from your mansion and you
- [54:33]
Donald Trump
lost that human touch. I thank God you're not. I thank God you're not. You know, you still need help from the boss. We need help from the boss. This is an I heart podcast. Guaranteed human.