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Stephen K. Bannon
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Kristin Davis
Davis from Are youe a Charlotte Podcast? I just had the most epic girls day cruising around LA with my friend Heather Graham and thanks to Hyundai, we even recorded a special episode for you. Sex and the City got me into Magnolia Bakery Cupcakes, which I'm obsessed with the last time we did a Hyundai film, we went to the magnolia and we sat on the bench. My new episode is out now. Presented by the all new Hyundai Palisade hybrid. Make every day epic.
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Stephen K. Bannon
of what unconditional surrender looks like to you.
Stephen K. Bannon (Host)
I mean, what do you want from Iran? I said unconditional, not conditioned. I said unconditional. It's where they cry uncle. Or when they can't fight any long longer, there's nobody around to cry uncle. That could happen too, because, you know, we've wiped out their leadership numerous times already. So it's if they surrender or if there is nobody around to surrender, but they're rendered useless in terms of military. Look, you fat Trump, if you listen to this, you listen good. Because what I'm getting ready to say is what a lot of people in this country speak for who I speak for. And I speak for a lot of people. You hear me, you fat ass? This is what we believe. You right? I got Trump derangement syndrome. I hate the motherfucker. And you know what? I don't want to get rid of it. I don't want to get better. I want to get worse. I want to hate him more. I pray to God in heaven, God reign the righteous reign of Trump Derangement syndrome. Pray for me, Lord. I'm your vessel on this earth. Pray for the people that listen to this. We want more. We want to hate the Son of a. So much that we can't see straight.
Captain Jim Fennell
When you have indications of whether Russia is supporting Iran somehow in this.
Stephen K. Bannon (Host)
No, I haven't had that. I have had no indication of that whatsoever. If they are, they're not doing a very good job because Iran is not doing too well.
Unidentified Conservative Commentator
Ladies and gentlemen, we've had 125 military actions since the beginning of this republic and 11 declarations of war, five of which were during World War II and the last one was 1942. Show me anywhere. I challenge Hakeem Jeffries. Show me. We're in the Constitution that Congress has to authorize military action. Show me. Show me the language. Show me. It's not there. What? Declaration of war. We know what that means because the first draft of the Constitution, you see, ladies and gentlemen, this is what we call Madison's notes. And not one of those knucklehead Democrats have ever read Madison's notes. I know, I'm kind of a nerd. I study this stuff left and right. They took out the phrase make war in the original draft of the Constitution for Congress and changed it to declare war. And then under Article 2, they gave the President the power as commander in chief to set foreign policy and national security. No president has ever gone to Congress and said, will you please give me permission to take military action? They may want a declaration of war to sort of back up what they're doing, but on a few occasions. But the power to make war belongs to the President. And no War Powers act passed by statute in 1973 can fix that.
Stephen K. Bannon (Host)
You know how I know?
Unidentified Conservative Commentator
Because Barack Obama said it was unconstitutional, Biden said it was unconstitutional, Clinton said it was unconstitutional, Pelosi said it's unconstitutional, Hillary Clinton said it's unconstitutional until today. Now it's constitutional.
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Something that could be drag this on for a long period of time.
Stephen K. Bannon (Host)
But Director Brennan, I want to ask
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you about this unconditional surrender language. We've obviously, obviously already seen a lot
Stephen K. Bannon (Host)
of shifting justifications, some mission creep.
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First it was limited strikes, now it's full blown war. In order to achieve unconditional surrender, do
Stephen K. Bannon (Host)
you need what NBC News is reporting,
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boots on the ground? Even if that's a small contingent force,
Unidentified Analyst
I don't see how a small contingent force could do that. Could lead to an unconditional surrender. You're talking about tens of thousands, if not more of troops that would be needed to suppress any type of opposition that the regime would still be able to bring forward. So, you know, this unconditional surrender is just. It's mindless. And I think it shows that Donald Trump realizes that it's very messy out there right now. And his rhetoric and his bravado is increasing as I think he gets more concerned that it's not going the way he had hoped. And so why should a lot of Iranians decide to, you know, leave the regime? Because they don't know how it's going to turn out. They don't want to be targeted then by those who may come to power as a result of the United States coming in. Because the situation in Iran is going to remain chaotic. It's going to remain very violent for a long time. I don't see how a puppet regime in Iran is going to be put in place by the US While the Iranian people and a lot of the people of the Iranian regime are still going to remain as defiant and they're going to resist because this is a war that was initiated. But the United States and Israel and there are a lot of Iranians who are very much going to try to take retaliatory strikes, I think, against us, especially if US Forces are on the ground.
Stephen K. Bannon (Host)
The Iran and the FBI piece of this for a moment. But the president doesn't seem overly concerned about, given the comments of Time magazine about increasing attacks in the U.S. the potential of that. Should we all be concerned about that?
Unidentified Intelligence Expert
Well, we should always be concerned. And I say that in the context of behind the scenes, secretly, in ways most people don't know about it. Iranian operatives have been on the ground here plotting things for a long time.
Stephen K. Bannon (Host)
There are even now Iranian operatives in the United States.
Unidentified Intelligence Expert
One would have to assume that given the number we have taken off the game field and the idea that Iran would have no motive not to replace them with some other covert operators, you have to operate on that assumption. But we also, and I think what the president was saying is we're under constant threat from the remnants of ISIS and al Qaeda. We saw the Bourbon street attacks in New Orleans on New Year's Day two years ago. We've seen the plots that have been interrupted and thwarted. This is a post 911 constant as long as that propaganda is out there. The factor of Iran, though, is they do this very professionally and they are in a position where they've always done targeted violence targeting particular people. This is the kind of environment where they could go to a mass casualty incident.
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I mean, people who have been caught
Stephen K. Bannon (Host)
in the past, what are they doing here? Where are they working here? Are they do they have diplomatic immunity? Or they what is sort of infiltration is there like?
Unidentified Intelligence Expert
So you've had covert Iranian intelligence officers who have come in and out of the United States under various covers and then recruited individuals associated with violence or criminal organizations to target particular people for them for a hit or for an assault or a kidnapping or a murder. But we've also seen them use elements of Hezbollah that were planted in America, Anderson, for the specific purpose of cataloging targets, studying them, mapping them, developing target books and transmitting them back to their handlers in Iran. So this is something that Iran has been thinking about and planning for for 20 years or.
Stephen K. Bannon (Host)
Stand up. Let's go. Stand up. Everybody, heads down. Stand up, Stand up.
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Are there any signs that you have
Stephen K. Bannon (Host)
seen so far that indicate to you that the government is.
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That Trump is getting ready to deploy boots on the ground, something that the
Stephen K. Bannon (Host)
average citizen and US Journalist wouldn't necessarily pick up on or notice?
Unidentified Analyst
Certainly there are a lot of forces in the region that. But again, putting in a small contingent of US Forces, where are you going to do that? You're going to drop them in the middle of Tehran when you still have the Basij and you still have Revolutionary Guards there, There would be, you know, it's almost a suicide mission. You would need to have a very large scale force just like moved into Iraq. It moved in over land into it. You need to bring in the weapons, the equipment, the heavy weaponry and other types of things. So I don't see right now that they're ready to do that. Maybe they're planning to do it. I think they're trying to play catch up with Donald Trump's policies. So I don't know what he is planning to do. And this is where I think his, the haphazard, reckless nature of this policy really could put US Forces in grave, grave danger.
Stephen K. Bannon (Host)
We're winning the war by a lot. We've decimated their whole evil empire. It'll continue up here for a little while. But very proud of the people in Paris. The parents were so proud of their, their boy, as they call him, my boy. One case, the young lady, their parents are so proud. Many of them are military parents, as you know. So it's. But it's always a very sad thing. The war itself is going unbelievably, as good as it can be.
Unidentified Conservative Commentator
Now for people who say, you know, the American people don't support this, I don't know, what do you think the American people would think if a nuke was launched our way or if they could hit us with ballistic missiles? Polling, seriously. Okay, I got a poll for you. The latest poll shows that 92% of Maga supports the President of the United States. These articles of MAGA split. MAGA's not split. You got a couple nutjobs who are not MAGA, who are like neo fascists out there. They have their own little audiences that apparently don't represent anybody. So I wouldn't sweat that media. Maga's not split. We're behind the President of the United States.
Stephen K. Bannon (Host)
This is the primal scream of a dying regime. Pray for our enemies because we're going medieval on these people. Reasons I 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 lie? 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?
Unidentified Conservative Commentator
If that answer is to save my country, this country will be saved.
Stephen K. Bannon
War ROOM here's your host, Stephen K. Band.
Stephen K. Bannon (Host)
It's Sunday the 8th of March in the year of our Lord 2026. I want to thank real America's voice, Parker and Rob Sig. I want to thank our great team in Denver that works overnight to do this and of course our War Room production team for the we're going to cover the war seven days a week until some sort of dynamoire or conclusion or how this thing grinds out. One of the reasons for that is you need to be constantly up to because you're the most powerful political force in the country. And if you don't believe that, then check out Prop 10 in Texas, the shrill law proposition and Paxton on this fight to make sure that the MAGA voice and the grassroots voice is heard in the United States Senate. You need to have the facts. I will say as an observation and if we have time, because we have a packed show this morning, I want to thank all of our contributors for giving up parts of their Sunday to join us. And we are absolutely packed today all the way to 12 noon. I'm gonna let the audience decide and maybe we can play it later. We'll play Carville's. We'll play that was Carville. We don't need to call it again, guys. We'll play Carville's Trump derangement syndrome next to Mark Levin. Maybe we'll intercut that and you guys can tell you we'll have a poll who's the most offensive. It is quite important though that we have experts in this field that that can actually cut through the fog of war and tell us exactly what's going on. To start, we've got Sam Faddis and Captain Fennell who have dedicated their professional lives in situations like this. Captain Fennell, I want to start with you. Sam Fatis got some great stuff up on his sub stack on and magazine. We're gonna get into a second. One of the reasons we do the Sunday show, it appears that Saturday night is become a bombing night. Last night I think we went next level on the bombing campaign. Can you walk us through? You're a targeting officer. We got about two minutes here. I'm obviously going to hold you through the break. Can you just give us a quick update on what you saw overnight, sir?
Captain Jim Fennell
Well, we saw. Steve. Well thanks for having me on. We saw bombing obviously massive round of bombing in Tehran that included an oil refinery in Tehran that's gotten a lot of attention. Oil refineries associated with supplying the IRGC military. And then there was a counter strike against some places in Bahrain and other places maybe even Haifa desolatization plant. So it looks like there's a little bit of a tit for tat there. What we don't really know is because we're essentially getting a one side of the story from all the attacks that are coming from Iran into the gcc. So every missile or drone is highlighted but whereas what we're actually doing inside Iran is getting some attention like the bombing of that refinery in Tehran. But the actual cumulative effect and the details of where we're striking each place is obviously being withheld from the Pentagon for operational security reasons. So I think getting your what they call battle damage assessment reporting on the effects in Iran we have to discern from what we see from the behavior. So as the Pentagon has reported, missile and drone strikes are down significantly. Missiles more than 90%, drones over 80%. And then we are seeing the reports of some specificity.
Stephen K. Bannon (Host)
Captain Funnell, can you just hang on for a second. We gotta go to break. We had a long cold open. Captain Jim Finnell, an expert naval intelligence and targeting Sam Faddes spent a big part of his career. He'll be able to give you his ideas about unconditional surrender. Understand they've also named a new Supreme Leader. President Trump said that's going to have to pass muster with him as the war continues on. I think we went next level last night, massive bombing campaign. Also our allies being hit short break back in the warm in a second.
Stephen K. Bannon
Support for the show comes from Public, the investing platform for those who take it seriously. On public you can build a multi asset portfolio of stocks, bonds, options, crypto and now generated assets which allow you to turn any idea into an investable index. With AI it all starts with your prompt. From renewable energy companies with high free cash flow to semiconductor supplier growing revenue over 20% year over year. You can literally type any prompt and put the AI to work. It screens thousands of stocks, builds a one of a kind index and lets you back test it against the S&P 500. Then you can invest in a few clicks. Generated assets are like ETFs with infinite possibilities, completely customizable and based on your thesis, not someone else's. Go to public.com podcast and earn an uncapped 1% bonus when you transfer your portfolio. That's public.com podcast paid for by Public Investing Brokerage Services by Open to the Public Investing Inc. Member FINRA and SIPC Advisory Services by Public Advisors, llc. SEC Registered Advisor. Generated Assets is an interactive analysis tool. Output is for informational purposes only and is not an investment recommendation or advice. Complete Disclosures available at public.comdisclosures OnDeck is
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Kristin Davis
Hi, it's Kristen Davis from Are you a Charlotte Podcast? I just had the most epic girls day cruising around LA with my friend Heather Graham and thanks to Hyundai we even recorded a special episode for you. Yes, I have a good 90s story of Fred Siegel.
Stephen K. Bannon (Host)
What?
Kristin Davis
I saw Alanis Morissette there one time.
Stephen K. Bannon (Host)
It was so exciting.
Kristin Davis
I was with my girlfriend.
Stephen K. Bannon (Host)
She saw you so that's like good.
Kristin Davis
She was very. It was like the height of Alanis time and she was with this beautiful man and I had a golden retriever puppy and the beautiful man wanted to say hi to the golden retriever puppy. We were eating at that little cafe there at the Santa Monica one and Alanis hung back in a way that made me wonder what was happening. Like who wouldn't want to pet this beautiful puppy? And I was like oh my God, it's Alanis. And then I was like, try to breathe, try to breathe, try to breathe because I love her so much. My new episode is out now, presented by the all new Hyundai Palisade Hybrid. Make every day epic.
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Stephen K. Bannon (Host)
Captain Fennell. Obviously, they look like they went after oil infrastructure resources last night. Is that, is that a sh, is that just what happens when you proceed down? You've been, you've said, hey, look, and I, you know, as a, as a surface warfare officer and you're an intelligence officer, people should understand this is what the Navy does. You do these exercises constantly, all the time. You practice, practice, practice so that it becomes second nature. So when the balloon goes up, you know what to do and you've, as you said, you've got your target sets that can change with intel, but you know what you're doing when you want to take down, or what was called degrade their ability to have force projection either to surrounding countries or force projection now, as the president keeps talking about on their own. People, do you believe that we've gone to another phase of this war? Not just how brutal the bombing was last night in Tehran, but it looks like they went after all infrastructure. Sir.
Captain Jim Fennell
Steve I would say that we are entering a second phase. The first phase, as Admiral Cooper stated, was about being able to kill the Iranian things that could shoot at us. So this first week, over 3,500, possibly closer to 6,000 attacks from both US and Israeli forces was about rolling back their air defense capabilities, their missile capabilities that were on the ground, and their air defense and their naval forces. We have successfully, I think, to the large degree, eliminated most of those that are out in the open. So now we're going into the second phase, which is to really start going after the infrastructure that supported the military, the irgc. So the target sets are command and control centers, military communication sites, IRGC joint headquarters, IRGC aerospace force headquarters, the integrated Air Defense a ballistic missile, cities now, the Iranian navy, ships and subs. And they struck last night, Isfahan, Bashir, Qom, Bandra Abbas. So there's massive strikes going further inland from that coastal region that we needed to establish so that our Forces could get in and out without risk. So I think we're in this second phase. And what people need to know is this is not just a naval force. This is a joint US Military force commanded at Central Command. And it's now a combined force. And so what they have is what they call a Combined Targeting Coordination Board. And that represents all the services that are involved, all the nations that are involved, plus the intelligence agencies from CIA, dia, nga, all that. It's an interagency process. Even State Department gets involved. And there are people there that are saying, hey, we need to consider this. We need to consider that. It goes before the board and people analyze it and they say, yes, this is something valid. We want to go after or not. And then it gets put on the list. And then there are, there are legions of people that find the target material and intelligence that helps give us precise location of where these assets are. But it's worked together and it's been going on for, I would say, years. The planning about how if we, you know, contingency had to go after Iran. Centcom's been working on this for decades. And so what you see is the unfolding of a plan that's being refined to do the levels of damage that will ensure that Iran's military is completely and thoroughly defanged. And as we said in the communication to you this last week, as Mao said, the party controls the gun. And if there's no gun in the party's hand, then who's running everything? And so the mission is to take the gun away from the Iranian regime.
Stephen K. Bannon (Host)
I think if you look at the 12 Day War, if you look at Venezuela, if you look at what's happening here, we're going to leave the politics aside, we're going to get into all that and the strategy and all that. But if you just look, this is why our military is so magnificent. The practice, the precision, the dedication to make this second nature, to ingrain this in yourself. Before I go to Sam Faddis, and I'm going to ask you to stick around, Jim. In 1979 and 80, when I was there, we had two carrier. We eventually, because the Navy had never really been there, we had two carrier battle groups on Camel Station and Gonzo Station in the North Arabian sea. We have two carrier battle group, two strike forces today that contain 10 times more lethality than we did back in the 80s just because of the weapons packages. But now you're the first one to call it. You said on this show over a week ago, he said, hey, they're going to get the Bush, they're going to get a third carrier strike group over there. And it appears that that is what's happening.
Captain Jim Fennell
Yes, the bush carrier, George H.W. bush completed its basic final phase of its training and on the 5th of March pulled into Norfolk. It certainly reloaded fuel and ammunition for not just a carrier but the strike group. And there's indication that she's already leaving or has already left Norfolk and is making the transit. It's about a four or five day transit across the Atlantic, very small compared to the Pacific. And so that'll add a third carrier. And I'll just remind folks, in Desert Storm we had six carrier battle groups operating for Desert Storm. In oef we had five carrier strike groups. So just adding a third one is really about bringing in more of that ordinance that's using the Mark series, the dumb bomb series with the fusing and the fins in the back that give us the precision strike so we don't have to use the high end, high demand, low density interceptors and other kind of missiles that are, you know, were discussed on Friday in Washington. So it's this idea of moving from standoff to stand in weapons. It's planned, it was understood. And the Bush will bring a lot more punch to the fight with that from the eastern med, while the Ford and the Lincoln now can combine their carrier strike groups. And now those 16 destroyers that are with it can now start to work on how are we going to open up the strait and provide some kind of escort plan. We're not going to escort ship by ship, but we'll maybe do something like we did in 87, where we had baskets and we had ships on station in those baskets as we get further along.
Stephen K. Bannon (Host)
Yeah.
Captain Jim Fennell
Grinding down the Iranian naval threats to naval shipping,
Stephen K. Bannon (Host)
particularly as you also take out their, their, their missile defense. The combatants can then go into the Straits of Hormuz and figure out how to open this or if it even could be opened. Hang on a second. Right before I go, the Brits, he's now talking to the Brits. He's all over Starmer. They were actually discussing two of the smaller, they got smaller carriers. Two, deployment of two British carriers to the region also.
Captain Jim Fennell
Well, the Brits were, and it's coming out this weekend that actually the US approached the British three weeks before the bombing struck to say this is what we're thinking of doing and we would like to coordinate with you, our ally, and let's work together on it. And the Brits and Starmer gave us the the Heisman and said, no, we're not going to let you use our bases. So when the war started, they didn't participate. They denied US use of their bases in Cyprus. They denied US use of Diego Garcia. And then just here, only a couple of days ago, did Starmer say, well, you can use our airfields, but we will only allow you to use your aircraft to attack defensive targets in Iran, which is like air defense sites and missile sites. So they put a lot of restrictions on it. In the meantime, the Iranians attack their base in Cyprus. And the Brits still have yet to send a single destroyer out there because of their readiness. The British Navy is almost gone. It's less than 80 ships, probably less than 70. So they don't have much to provide to us. And I think the President's instincts are right on this in a way. You know, you didn't want to be with us at the beginning. Why do you want to come in now when you feel like we're. The tide is turning?
Stephen K. Bannon (Host)
Jim, hang on for one second to bring in Sam Fedtis. Sam, you wrote an amazing piece over the weekend about our objectives and goals. But I want to ask you, this whole situation with unconditional surrender. I mean, you spent a good part of your life inside here. They're talking about unconditional surrender. I think they've overnight and they now have an official supreme leader president. I say, yeah, I don't know about that. We don't want to come back here every 10 years. So I think I got to have a hand in picking that from the mindset of the Persians as they sit right now when they hear the President talking about unconditional surrender. And that means no force projection against neighbors, but most importantly, no force projection against their own population. What are they thinking? Sir,
Sam Faddis
I don't think there's any way on earth that they are considering unconditional surrender. Now, I've said from the beginning there is some possibility here that at some point you get a hand, you get some guys within this government who effectively stage a coup and we end up with the Venezuela, Venezuelan solution, and they say we're not riding this thing all the way to the ground. And that would be, in my, my view, a happy ending. But as of now, they're going to dig in and they're going to take this thing into an unconventional realm and they are going to prolong this conflict. And are they going to be hammered mercilessly by the United States military? Without question. I mean, anybody who bet on the Iranians to stand up to The US Military was delusional. They've been flattened and they're going to continue to get flattened. But in, in their worldview, they will just dig in and this will become low cost drones and proxy forces and terrorist attacks abroad and attacks on desalinization plants and oil refineries and sort of let's, let's all go to hell together kind of mindset.
Stephen K. Bannon (Host)
Did they not yesterday try to there was some sort of communication or something. They tried to back off and said hey, they're not going to go after the which I think is the most interesting thing, not go after the Gulf countries. So they didn't. But that looks like it's all torn asunder now. They did, they tried to hit it or they hit a desalination plant. Are they is it all bets off Persians versus Arabs right now or is that back on hold? And last night's bombing. We got about a minute. I'll bring you back after the break. Was the difference in intensity last night of the Americans of our forces going after their oil infrastructure and hitting Tehran, the refineries there go take this next level.
Sam Faddis
Look, I think what they were trying to do was divide us from our allies and encourage the Gulf states in particular to part company with us. And that didn't work. And so now they've gone. I mean they just hit a desalinization plant in Bahrain. They hit a number of other targets. So they gave that a whirl and it didn't work. So now they're going to intensify what they do against the Gulf states to the extent they can't.
Stephen K. Bannon (Host)
Sam, hang on for one second. You gave a perfect segue. You talk about objectives, trying to divide allies. Wrote a pretty impressive piece for End magazine if we can get that up and if Mo and Grace and Elizabeth can make sure the war and posse sees it. We're going to bring Sam Fetus back and talk about that point. Also, Rabbi Walecki will join us from Jerusalem for a live update. We're packed. We got Poso, Thayer Weichert, Caroline Wren on this huge political story in Texas, all of it this morning, our special edition of the World.
Stephen K. Bannon
Support for the show comes from Public, the investing platform for those who take it seriously. On public, you can build a multi asset portfolio of stocks, bonds, options, crypto and now generated assets which allow you to turn any idea into an investable index. With AI. It all starts with your prompt. From renewable energy companies with high free cash flow to semiconductor suppliers growing revenue over 20% year over year, you can literally type any prompt and put the AI to work. It screens thousands of stocks, builds a one of a kind index and lets you back test it against the S&P 500. Then you can invest in a few clicks. Generated assets are like ETFs with infinite possibilities, completely customizable and based on your thesis, not someone else's. Go to public.com podcast and earn an uncapped 1% bonus when you transfer your portfolio. That's public.com podcast paid for by Public Investing Brokerage Services by Open to the Public Investing Inc. Member FINRA and SIPC Advisory Services by Public Advisors llc. SEC Registered Advisor Generated Assets is an interactive analysis tool. Output is for informational purposes only and is not an investment recommendation or advice. Complete Disclosures available at public.comDisclosures OnDeck is
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Kristin Davis
Hi, it's Kristin Davis from Are youe a Charlotte Podcast. I just had the most epic girls day cruising around LA with my friend Heather Graham and thanks to Hyundai we even recorded a special episode for you. Yes, I have a good 90s story of Fred Siegel.
Stephen K. Bannon (Host)
What?
Kristin Davis
I saw Alanis Morissette there one time.
Stephen K. Bannon (Host)
It was so exciting.
Kristin Davis
I was with my girlfriend Melanie.
Stephen K. Bannon (Host)
She saw you so that's like good.
Kristin Davis
She was very it was like the height of Alanis time and she was with this beautiful man and I had a golden retriever puppy and the beautiful man wanted to say hi to the golden retriever puppy. We were eating at that little cafe there at the Santa Monica one and Alanis hung back in a way that made me wonder what was happening. Like who wouldn't want to pet this beautiful puppy? I was like oh my, it's Alanis. And then I was like try to breathe, try to breathe, try to breathe because I love her so much. My new episode is out now, presented by the all new Hyundai Palisade Hybrid make every day epic.
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War Room here's your host, Stephen K. Band.
Sam Faddis
Foreign
Stephen K. Bannon (Host)
thank you for back by the way. Birch Gold I think now may be the time that you want to go and talk to Philip Patrick of the team. Birchgold.com promo code bandit into the dollar empire dollar has strengthened a little bit because flight to quality, flight to safety. But you still have to understand why gold has been a hedge for 5,000 years. We use all these fancy terms, geopolitical risk that means war in the rumor of wars. This is what you're seeing in the Gulf right now. This is why you're seeing about attacking this oil infrastructure, about why people are learning about U.S. navy destroyers and the function they play in keeping place like the Straits of Hormuz open. That affects capital markets, it affects commodity markets, equity markets, debt markets shouldn't be lost. We're going to talk this week about this private credit market in the United States, blackrock. Larry Fink and the team yesterday, or I think on Friday told people for the first time in blackrock's history, these big institutional investors, hey, if you want your money back in this private credit which we told you are going to have above junk bond returns, well, you can get half of it back. The other half we got to think about, you know, you just can't withdraw it. That's a huge issue that deals with what we're going through, geopolitical risk, war and the rumor of wars, where you find out about it. Birch Gold it's not about the price of gold. It's the process of what drives the value of gold, why it's been a hedge. Why has this commodity been a hedge against times of financial turbulence for as long as you can think read all the ancient text and gold comes up birchgold.com, promo cobana. Check it out today and talk to Philip Patrick and the team. He was great yesterday on the show and I want to thank the rev audience we had. President was down with the shield of America, the hemispheric defense, which is obviously something the war room would love to focus on. But right now we have other concerns that are top of mind. Sam Fadish wrote an amazing piece. You talk about allies, allies being together. This war is metastasizing. President Trump did say yesterday, hey, I don't want the Kurds. I Don't need the Kurds in, of course. Remember, President Trump's a disruptor. He's never going to tell you exactly what he's going to do. Right. He wants to leave. When I tell people about Trump, he wants optionality. He always wants a range of alternatives. And don't box him into a corner because he always wants a range of alternatives to be able to pivot and sometimes pivot hard. Yesterday on the plane, yeah, I don't know the Kurds. I'm not going to give him the go ahead, but he has talked, I think it's been leaked about a special forces to go secure some of the nuclear material. That's what they're talking about. Boots on the ground right now. Sam, your piece about America and Israel, because the war in Lebanon and in other areas is starting to increase as it is in the Gulf, not just in Tehran, maybe Azerbaijan and other places. Your thoughts, sir?
Sam Faddis
Right. Well, I mean, to take off from the point in the article, look, we're in this war with the Israelis. People have different ideas about the extent to which we are in the war because of the Israelis. But however we got here, it is very clear that when the President talks about this, he envisions a happy ending. In other words, even when he says unconditional surrender, the next thing he talks about is a free democratic Iran working with us, prosperous. All of this. That's how he sees us. That in some sense that's what we all on the American side want. It is not clear to me that that is necessarily at all what the Israelis regard as success. Meaning if, if Iran ends up as a much bigger, much more intense Libya, a totally broken, dysfunctional state where people are sold as slaves openly in markets, I'm not sure that is a bad outcome to the Israelis because what it means is a, an Iran that probably can't threaten them directly isn't building nuclear weapons because it's impoverished and it's in chaos and it's in civil war. From an Israeli national security perspective, the way they look at things, which of necessity is very hard nosed, I think that very well could be this a success in their, in their view. I don't think anybody on the American side really would view that as a success. We see what happened in Libya right when ISIS was at it.
Stephen K. Bannon (Host)
Hang on, hang on, hang on, hang on. As you know, and you're one of the experts I turned to because you know so well, but I am not, I am not a wild, enthusiastic supporter of this war. We are going out of our way at war room to show you a range of facts and opinions to make sure it's balanced. However I'm for I. If it's a chaotic mess, I just don't care. I don't care about Iran, I don't care about the Persia. I just don't. We got enough problems here that we got it like yesterday's thing. And to get. I noticed nobody's Talking about the 25 million illegal aliens we got in the country. And by the way, last night there was a terrorist attack on this Southwest Airlines. That's why we showed that video. People had put their hands up and they took a guy off or I guess they're figuring out it was a terrorist attack. We, we got problem. You heard all the coal open. We got problems here. If it's a chaotic mess, they brought it on themselves and they threw us out 50 years ago, threw the shaw out through any type of western because that country was developing a middle class, right. And it may have been huge problems, a police state, all that. But it's much better than today if it's a, if the outcome here. I don't care if we had to spend a second and a dollar for a free and democratic Iran and all this happy talk from Levin and all these guys about that. I could care less if it's a chaotic mess and they're at each other's throats and the payback because the only way they're going to get through this is almost like the French Revolution. They got to purge themselves. We can't do it. So for 30 or 40 years, if they do that, hey, have at it. I could care less. I want to get back here and start getting 25 million bad, you know, the illegal aliens out of the country. So I don't mind that as a war objective is that. Do you actually think, I mean President Trump, he, he is looking at I think a World War II model where our, the Nazis and imperial Japan and all, all the bad guys. It turned out to be a happy ending, right? Or at least a relatively happy ending. You're in, you're saying the Israelis, Israelis don't want that. They, they much rather have just a mess in Iran.
Sam Faddis
I think they would be very, personally, I think they would be very happy if it ends up as a broken, dysfunctional country consumed by civil war. But even if we attack, if we adopt, you know, your, your thesis which is okay, look guys, it's your country sorted out, which certainly on some level I agree with fully. The problem is it doesn't just stay within their borders. Right. When Libya disintegrated, more, more Libyans joined ISIS than from any other country in the Middle East. Libya is not the most populous. Syria was blown up. And we are, we unfortunately still get stuck with the implications. It doesn't, it doesn't stay within the borders. Right. That's where the terrorist groups take over.
Stephen K. Bannon (Host)
Terraform the biggest. Are you, are you are implying that this is that, is that the law of unintended consequences here are partners in Qatar. Everybody's loving on Qatar. Everybody's. All the influence are hanging out in Dubai. You're saying that the collateral damage here is this thing it devolves into some hellhole. Most logically will be the potential toppling of those monarchies that control the tiny houses and Qatar in Saudi Arabia and in uae, you know MBZ came out yesterday, he said hey look and he was talking about Dubai and every day he said just cause we're beautiful places and we've tried to westernize a little bit and we're a huge vacation place and people love coming here. We're as tough as scorpions and the Iranians will know if they strike us. Is that him sending a warning or exact thing? The collateral damage here of the collapse of the Persians will spread and topple supposedly our most important allies in the region. The the Gulf Emirates and Saudi Arabia.
Sam Faddis
Well look, I think what you're talking about is like you're breaking a sheet of glass right there are going to be shat. It's going to shatter in hundreds of different directions. So we were talking a little while ago about desalinization plants. The area where we're fighting this war is a desert and there's like 100 million people that were in that region that rely upon seawater from which the salt has been removed. It's been turned into freshwater desalinization plant. I don't know. There's like 400, 500. Okay, we're now starting to see those desalinization plants hit. The Iranians claim we started it. Who knows what the truth of that is? It doesn't matter. They've already started striking them. Okay, you take those things offline and destroy them. You don't re. If they are really hitting not just you know, a minor strike, then they're offline potentially for years. And so you're now looking at 100 million people who don't have water to drink. You're talking about taking out refineries. Well, again, some of these strikes are relatively minor damage. But if we really start losing Major infrastructure like that, you don't put it in operation again next week. So now you're talking about tens of millions of people without water, and you're talking about the world without whatever oil and natural gas production. So these are, these are just consequences. I mean, look, we've got crazy stuff going on in Cyprus now, right? The, the Iranians, actually, I think it was Hezbollah on their behalf, hit the British base in Cyprus that got the Greeks all energized because the Muslims were attacking their brothers and sisters in Cyprus. So now they're sending Greek naval vessels to defend Cyprus from the Muslims. Right? It's the battle of Lepanto all over again. And now all of a sudden, we got Erdogan Talking about sending F16s to Northern Cyprus, which they occupy to protect Cyprus from the Greeks who are invading again. You're like, everybody's thinking, what the hell does this have to do with hitting Tehran? But it's that kind of ripple effect as it goes on, and some of it will just be nonsensical.
Stephen K. Bannon (Host)
Hang on a second, Sam, you're. But when we say not I, I want. Because you spent your career there, the folks over there think the battle of Lepanto happened yesterday.
Sam Faddis
Yes.
Stephen K. Bannon (Host)
These are ancient vendettas versus, you know, I. Raheem gave me a free Constantoble shirt two Christmases ago as a gift. We had a big Christmas celebration at Rahim. I think the thing got 5 million, Boyle tells me and think it's still iconic in Greece that they loved it. It's like five million hits or something. They put it up the other day, the Greeks are thinking free Constantinople. I mean, my point is that when you talk about unconditional surrender, you talk about the Persians. These are ancient civilizations that vendettas and wars from a thousand years ago are as current because they teach their kids, they pass it down here in the United States, you can't have. And a lot of times, particularly for younger people, you can't have a logical discussion about the Iraq and Afghan war because they don't really understand the details of it. That's not in this region. That's not how they're brought up or how they're taught, is it, sir?
Sam Faddis
No, not at all. Look, when I lived in Athens many years ago, there was graffiti on the wall across the street from my house. It's said in Greek, Constantinople is the capital of Greece now and for forever. So a 15 year old kid, idiot kid with a spray can, that's what was on his mind, was something that happened in 1453. I mean, come on, that's like not his gang sign or anything else. It's like, we got to go retake Constantinople. So I mean, every group out there has this, this, you know, some vision. Look, I actually was having talking to a Greek asset many years ago, a very senior guy, retired military officer, and he actually brought up the battle of Lepanto, which I think was what, 1571. And he said, the problem with you guys is you think that we defeated them then. And he was like, they didn't go away. They're still here. I mean, meaning the Muslims. So, yeah, that's, that's the way the whole region works. There's these kinds of issues that we barely acknowledge. They, they live and die by this stuff.
Stephen K. Bannon (Host)
Sam, hang on for a second. Captain Fab, you hold on. Rabbi Willicki's here. Jack Vasovik's going to join us, a whole host of people this morning to make sure we can break it down and give you the best information possible. Big can't say anything else, but it was a, I think of a going next level on bombing in Tehran. Also Tel Aviv got hit last night. Robert will look, he's going to join us. Jack Bosom. But Caroline Wren is going to update us on Paxton in this corn and fight the nation's capital and in the great state of Texas.
Stephen K. Bannon
Support for the show comes from Public, the investing platform for those who take it seriously. On public, you can build a multi asset portfolio of stocks, bonds, options, crypto and now generated assets which allow you to turn any idea into an investable index. With AI, it all starts with your prompt. From renewable energy companies with high free cash flow to semiconductor suppliers growing revenue over 20% year over year, you can literally type any prompt and put the AI to work. It screens thousands of stocks, builds a one of a kind index and lets you back test it against the S&P 500. Then you can invest in a few clicks. Generated assets are like ETF ETFs with infinite possibilities, completely customizable and based on your thesis, not someone else's. Go to public.com podcast and earn an uncapped 1% bonus when you transfer your portfolio. That's public.com podcast paid for by Public Investing Brokerage Services by Open to the Public Investing Inc. Member FINRA and SIPC Advisory services by Public Advisors llc. SEC Registered Advisor. Generated Assets is an interactive analysis tool. Output is for informational purposes only and is not an investment recommendation or advice. Complete Disclosures available at public.com disclosure OnDeck
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is built to back small businesses like yours. Whether you're buying equipment, expanding your team or bridging cash flow gaps, Ondeck's loans up to $400,000 help make it happen fast. Rated A by the Better Business Bureau and earning thousands of five star Trustpilot reviews, OnDeck delivers funding you can count on. Apply in minutes@ondeck.com depending on certain loan attributes, your business loan may be issued by Ondeck or Celtic Bank. Ondeck does not lend in North Dakota. All loans an amount subject to lender approval.
Kristin Davis
Hi, it's Kristin Davis from Are youe a Charlotte Podcast. I just had the most epic girls day cruising around LA with my friend Heather Graham. And thanks to Hyundai, we even recorded a special episode for you. Yes, I have a good 90s story of Fred Siegel. What I saw Alanis Morris at the one time.
Stephen K. Bannon (Host)
It was so exciting.
Kristin Davis
I was with my girlfriend Melanie.
Stephen K. Bannon (Host)
She saw you, so that's like good.
Kristin Davis
She was very. It was like the height of Alanis time and she was with this beautiful man and I had a golden retriever puppy and the beautiful man wanted to say hi to the golden retriever puppy. We were eating at that little cafe there at the Santa Veronica one, and Alanis hung back in a way that made me wonder what was happening. Like, who wouldn't want to pet this beautiful puppy. I was like, oh my God, it's Alanis. And then I was like, try to breathe, try to breathe, try to breathe because I love her so much. My new episode is out now presented by the all new Hyundai Palisade Hybrid make every day epic.
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Stephen K. Bannon (Host)
Take your phone out, text BAN and B A N N O N at 989-898. That's Birch Gold. You can get access to totally free. No obligation to investing in gold and precious metals in the age of Trump. Check it out. Most importantly, you get access to Philip. Patrick, you heard Philip. You say talking about geopolitically. What's happening particularly what's happening in the Gulf and the impact on the ownership of physical gold. So talk to Philip Patrick and the team at Birchgold and do it today. Bannon B A N N O N9898 98 simple, fast, quick and dirty. Sam Faddis President Trump adamant now talking about unconditional surrender and putting some meat on that bone saying the ability not just to project force against allies in the region like Israel or Qatar or Saudi Arabia, but also internally force projection against their people. I mean he was very specific when they get to a point where they can't you know lay waste to protesters or people that want to I guess overthrow the government that's pretty hardcore statement. Your thoughts from the from the view of guys are picking another supreme leader that may be in the bloodline of the last one we lost and some guys that are come from an ancient civilization. How's that going to set with them?
Sam Faddis
You're talking about people who have an apocalyptic worldview. They believe that they will win. They believe the Mahdi, the Iranian superman is returning and they effectively have to walk through they Armageddon isn't a necessary precondition of their ultimate success. In other words fire, brimstone and the end of the world is what you have to go through to emerge on the other side for the inevitable preordained victory. I don't think you want to put those guys in a box and say it's all or nothing, you must quit. Again there is some chance in my view that at some point some guys in senior positions but not at the top stage what amounts to a coup and depose them but absent that they will dig in and I don't think the people have the capacity to overthrow them. So you're putting their backs against the wall and what they will then do is become they're already doing is become more desperate. You will see more attacks around the world. Any place they can attack us including inside the United States that's you've got they're in a corner. I don't think that's what you want to do.
Stephen K. Bannon (Host)
This is this is a death Star so people and we're bringing another carrier over the Brit, we're talking the Brits. We're funneling more naval forces and as Captain Fidel so rightly picked out dumb bombs or gravity bombs for real bombing runs obviously the IDF took out a command center with a 50 fighter bomber run the other day. My point is for those of us that would like to see maybe talk about an off ramp. You don't see an off ramp coming on Tuesday, I take it, sir?
Sam Faddis
No, I mean, we are, we are intensifying and look at it. The United States military is the best in the world and its capabilities are truly awesome. We are notching this up. We are, we are digging in and expanding and hitting them harder and harder. And we, we will continue to do so effectively. We've got the best guys and men and women in the, in the world. But I, psychologically, I don't think you are going to achieve what you're trying to achieve. You're just going to make them more desperate and they will look for any place to take this conflict and it won't be trying to match us man for man with, you know, take on carrier battle groups. It'll be every place they feel like they can hit us. It will become more and more unconventional
Stephen K. Bannon (Host)
and asymmetric. Sam Fatis, once again, your expertise and judgment discernment. Second and none. Where do people get you now more than ever to read and magazine to
Sam Faddis
follow your social Media substack and magazine.substack.com and I'm on X and, and getter and, and every place else, but that'll get you there.
Stephen K. Bannon (Host)
Thank you, sir. Appreciate. Came to me as Sam was talking, if you want, and this is not exactly analogous, but I think as a form of entertainment it can be enlightening to people about the Mahdi. Winston Churchill wrote a book as a young subaltern called the River War about the uprising of the Mahdi in Khartoum in Sudan back in the 19th century. They made a film about it called Khartoum starring Charlton Heston and Sir Lawrence Olivier. Sir Lawrence Olivier plays the Mahdi. And it is absolutely, I've always thought Charlton Heston plays General Chinese Gordon, who had taken on, I guess, the Boxers and then had then pivoted to. He was called back to service to go take on the Mahdi. Denna Khartoum. Anyway, fascinating. But it shows you the power that was inspired in this Muslim army by the Mahdi. This mythical, this kind of mythical. Mythical to us, but real to them. It's quite fascinating. And Churchill's book the River War has still been one of the best descriptions. I remember the beginning of it. I can't believe it. We're talking about stuff that we talked about at the very beginning of the global war on terror. We have a Muslim, we have a Marxist jihadist Muslim mayor in New York City. And you're seeing yesterday with the nail bombs and now everything coming out about his wife and her social media account as a true hater. You have a Muslim, you have a Marxist jihadist mayor in the greatest city in the world, the greatest city in the United States of America, the financial capital of the world. These people think very differently than we do. Very differently. And you can put on suits and you go to conferences and you can, you know, talk about crypto and everything you're going to do. They are two radically different civilizations, the Judeo Christian West. And there's a lot of split sometimes between the Judeo part of that and the Christian part of that. But it has thousands of years from Athens to Jerusalem to Rome to London to Washington D.C. and New York City. You see this in this fight we've had in Texas. It's all inextricably linked, but we're in it now. We're in it. It's like that scene in 12 o' clock high when Gregory Peck walks in, has taken over the bomber command and he goes up for the first time, turns around these young pilots and said, hey, I don't want to hear this. Why we fight? We're in a. We're in a fight and we got to win it. You saw yesterday in the dignified transfer, the first six came back home. We got to have their backs. At the same time, we have to face reality of exactly what in the hell are we doing here? What is the plan? What is the commitment? We couldn't be in a more dangerous time as we are now in the beginning of the kinetic part of the third World War. And how do we bring it to a conclusion that's in the benefit of the United States of America and our citizens? Be back in a moment in the world.
Kristin Davis
Hi, it's Kristen Davis from Are you a Charlotte Podcast? I just had the most epic girls day cruising around LA with my friend Heather Graham. And thanks to Hyundai, we even recorded a special episode for you. Sex and the City got me into Magnolia Bakery Cupcakes, which I'm obsessed with. The last time we did a Hyundai film, we went to the Magnolia and we sat on the bench. My new episode is out now, presented by the all new Hyundai Palisade hybrid. Make Every day Epic.
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Stephen K. Bannon
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Podcast Summary: THE WAR ROOM WITH STEPHEN K. BANNON (EP. 5198) Date: March 8, 2026 | Host: Stephen K. Bannon | Notable Guests: Captain Jim Fennell, Sam Faddis, Unidentified Conservative Commentator, Unidentified Intelligence Experts
This episode centers on the escalation of the U.S. and Israel's military campaign against Iran, the doctrine of "unconditional surrender," allied dynamics in the Middle East, and the war’s ripple effects on geopolitics and American society. Stephen K. Bannon leads a panel of national security experts, including Captain Jim Fennell and Sam Faddis, through probing discussions about operational updates, political objectives, intelligence threats, and the historical cycles that drive conflict in the region.
[03:03 – 04:21]
[04:36 – 05:51]
[06:11 – 07:50]
[08:05 – 10:24]
[21:38 – 29:44] | [15:54 – 17:22]
[28:05 – 29:44]
[30:31 – 32:28]
[39:35 – 49:51]
Faddis: Americans and Israelis may diverge in their objectives—U.S. seeks a stable, democratic Iran; Israel likely prefers a paralyzed Iran, unable to pose a threat, even if it means chaos and civil war.
Bannon: Admits lack of concern for regional chaos as a U.S. problem but Faddis counters with the risk of terrorism, mass migration, and destabilization spilling across borders (e.g., Libya as precedent).
Coverage of attacks on desalinization plants, raising the specter of humanitarian disasters for 100 million people in the region.
Quote:
"From an Israeli national security perspective...a totally broken, dysfunctional state...is not a bad outcome because what it means is an Iran that probably can't threaten them." (Sam Faddis, [39:35])
[47:32 – 49:51]
Bannon and guests blend high-stakes military analysis with culture-war hyperbole and historical asides. The episode is driven by urgency and combative rhetoric, positioning the current conflict as historic and existential. There’s a consistent skepticism of mainstream narratives, constitutional literalism, and open appeals to a grassroots ("MAGA") audience for vigilance and activism.
For listeners seeking an in-depth, unfiltered, and highly nationalistic take on the expanding Iran war, its implications for American and global security, and the roots of enduring Middle Eastern conflicts, this episode of the War Room delivers a relentless, if partisan, analysis.