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Natalie
This is an iHeart podcast.
Stephen K. Bannon
Guaranteed Human 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 Ryan Reynolds
Brian Kennedy
here from Mint Mobile with a message for everyone Paying Big Wireless Way too much.
Stephen K. Bannon
Please, for the love of everything good
Natalie
in this world, stop with Mint.
Stephen K. Bannon
You can get premium wireless for just $15 a month. Of course if you enjoy overpaying.
Brian Kennedy
No judgments. But that's weird.
Stephen K. Bannon
Okay, one judgment anyway, give it a
Natalie
try@mintmobile.com Switch upfront payment of $45 for three month plan equivalent to $15 per month required intro rate first three months only, then full price plan options available, taxes and fees extra. See full terms@mintmobile.com I think when you're diagnosed with cancer you crave a semblance of normalcy and control. And so work allowed me to be me. So I think it's really important that companies stay flexible. Cancer in a diagnosis can be all consuming, but it doesn't have to be.
Kurt Mills
Research shows there is a significant connection
Stephen K. Bannon
between the ability to continue to work and cancer recovery.
Kurt Mills
We can make work a better place
Natalie
for healing, learn more and sign the pledge@workingwithcancerpledge.com Donovan
Stephen K. Bannon
Eric Garrise who from day one in my office he was my first sergeant in Iraq. He's one of my first sergeant here in the war room.
Natalie
It's Thursday, March 5th in the year of our Lord 2026. We are watching Secretary of War Pete Hegseth speak Down live in Miami. We're going to let him finish and then we have a pack show. So don't go anywhere this day.
Stephen K. Bannon
Patrick Weaver, Phil Hegseth, who I happen to know, and Ricky Berea, my chief, for doing a great job putting this together. Tony Salisbury, thank you so many folks that every single day in Washington, I hope you know, are working hard to run as fast as you are, to stand alongside you in this mission. This is not a conference with flags so we can pat ourselves on the back. I can tell you that if I sold that to President Trump as the objective, he'd kick me out of his office. This is an operational conference to bring our countries more closely together to achieve a shared objective and do so aggressively. This is not a one way street. Every partner in this region has to do more and invest more in your security as well. We, like you, want a hemisphere of sovereign, secure and prosperous nations. We, like you, want what another great American president, Teddy Roosevelt, called the permanent peace on this hemisphere. And it will require action from all of us. You know, our schools used to teach American school children about our blessed history. Every child in grade school grew up knowing the remarkable story of this country. They knew that President James Monroe was once an orphan, that at a mere 16 years old, he had to look after his siblings. I've got an almost 16 year old, he couldn't look after anything. It's remarkable. Well, that orphan grew to be not just one of the greatest presidents, but one of our greatest Americans after his presidency, when his wife died and he became frail and ill with heart failure, but he still spoke about what he called our shared cause of liberty, still talked about the toils and the perils of our war for independence. James Monroe, our seventh president, died on July 4, the 4th of July, Independence Day, 1831, 50 years after 1776. What I like to say is here at the Department of War, we're in the 1775 business, which is when Americans took up arms before they even declared independence. All of you are also in the 1775 business. Without the force of arms, without our militaries, we cannot keep our country safe. That's my responsibility, and it is yours. With Donald Trump in the Oval Office and with all of you here, we can still realize that long ago dream of James Monroe. In our time, we will make the Americas great again. Thank you and God bless you. The United States and its partners have launched Operation Epic Fury, the most lethal, most complex and most precise aerial operation in history.
Brian Kennedy
Our military in the Middle east is undertaking an unprecedented Operation to eliminate Iran's ability to threaten Americans as they've been doing for nearly half a century. We are also sinking the Iranian navy, the entire navy.
Stephen K. Bannon
We didn't start this war, but under President Trump, we are finishing it. Combat operations continue at this time in full force, and they will continue until all of our objectives are achieved. Declan's unit was deployed in Kuwait for nine months. They left in September of last year, so estimated his time would have ended in May.
Natalie
This was the morning before we dropped him off for him to leave. He was our cat Autumn's favorite. She'd sit in his room. He was gonna be 21 in May,
Stephen K. Bannon
in two months, I would say Sunday. I'm sure everybody started waking up that morning, and you heard at the time that four people had been killed and many injured. And I think we talked with our son in Italy at the time and said he had talked to Declan, and Declan just was checking in with him. The reason being is Declan was nine hours ahead of us.
Kurt Mills
He was two hours ahead of his
Stephen K. Bannon
brother, so he called his brother. So Declan had been sending us updates every one to two hours, like, hey, everything's still good. I'm good. Which goes to show you, you know, he was thinking about us, like, don't worry about me, and so forth. So he had checked in with his
Kurt Mills
brother, and
Stephen K. Bannon
kind of based off of timing, you know, and what we know so far, we don't know specifics, but we're just making an assumption based off of timing that it was shortly after that phone call that he had gotten
Kurt Mills
off with his brother, that this is when that happened and his operations center got hit.
Natalie
I still don't fully think it's real. I didn't think it was real when they told us, because I just remember all of our conversations about what he was going to do when he came back. And so I'll just be sitting and thinking about it, and then I know it's just. It's really hard. And I didn't have, like, the same phone call, like, this weekend that my dad and, like, my brother did. So I just really wish I got to tell him I love him one more time because he was just so amazing. And he was in front of everybody, just was, like, really strong. He, like, he never let his emotions really show, but I just. I don't know. I can't help but think just he was my little brother, and he was probably really scared, even if he didn't want people to know. And so I just wish he could have known one more time that we all loved him.
Brian Kennedy
Now we're. We're engaged in military action against the
Stephen K. Bannon
mothership of terrorism, Iran, which I hope will sink pretty soon. Do you think the threat level against
Brian Kennedy
the United States is up or down
Stephen K. Bannon
when it comes to radical Islamic terrorists?
Natalie
It's up.
Stephen K. Bannon
Sup?
Natalie
Yep.
Stephen K. Bannon
So you mean they actually may want to come here and hit us because we hit them in Iran? I don't think you have to be, you know, a general to figure that out. Is the Coast Guard without funding portions of it?
Natalie
We're keeping some of the salaries paid, but they're.
Stephen K. Bannon
So there's no funds in the appropriation
Brian Kennedy
bill for the Coast Guard, is that correct?
Natalie
That is correct.
Stephen K. Bannon
Because your agency is not being funded. It's the one part of the appropriations bill where we haven't agreed on funding, is that correct?
Natalie
Correct.
Stephen K. Bannon
So fema, no money, Right.
Brian Kennedy
Coast Guard, no money. Really?
Stephen K. Bannon
Really. Ice, they have money because of the bill we did before.
Brian Kennedy
The Secret Service.
Stephen K. Bannon
Are these people being paid?
Natalie
Yes, they are.
Brian Kennedy
They're being paid.
Stephen K. Bannon
But do we have money?
Natalie
Our law enforcement is paid, but their resources, their administrative tax credit, they're not
Stephen K. Bannon
being paid out of appropriate funds this year, right?
Natalie
Correct.
Stephen K. Bannon
So in the appropriations process, we've got no new money for the Secret Service. Does that make any sense to anybody in America? Can we not understand? America is under siege now likely to be attacked because radical Islam is under siege and they're going to hit back. And we're sitting here looking at each other and not funding dhs. This is the primal scream of a dying regime. Pray for our enemies because we're going medieval on these people. I got a free shot. All these networks lying about the people. The people have had a belly full of it.
Brian Kennedy
I know you don't like hearing that.
Stephen K. Bannon
I know you try to do everything
Natalie
in the world to stop that, but
Brian Kennedy
you're not going to stop it.
Kurt Mills
It's going to happen.
Brian Kennedy
And where do people like that go
Stephen K. Bannon
to share the big lie?
Kurt Mills
MAGA Media I wish in my soul,
Brian Kennedy
I wish that any of these people had a conscience.
Stephen K. Bannon
Ask yourself, what is my task and what is my purpose? If that answer is to save my country, this country will be saved. War Room. Here's your host, Stephen K. Ban,
Natalie
Here in the War room. It's Thursday, March 5th, in the year of our Lord 2026. That first video that we played, that is a compilation that CENTCOM put out of the first hundred hours, which I guess we have now passed. I guess the non war war. Depends who you ask. What's going down in Iran Wonderful execution. Of course, our thoughts and prayers are with the United States military. Just a tragic video of one of the, I believe now, six US Service members who have been killed tragically, just absolutely horrifically in this, as President Trump, I think, describes ongoing combat operation. We're going to go through all of it. I think there's a lot of signal, a lot of noise in this news cycle, but we're going to give you just the signal, though. Like I said, there's a lot of to sort through. So I want to start with Kurt Mills and Kurt, I want to. Have you also got Brian Kennedy. We're going to start with Kurt. There's a really interesting Axios story, I think as we sort of try to really understand the clear objectives. I know the White House has put put out their press releases and their statements, but I think in order to understand where this conflict is going, it's best to understand the source of it. There's some interesting reporting talking about how the Israelis have been making outreach to the White House, trying to understand if there are talks or negotiations going on at the moment with the Iranians. Can you sort of walk us through this reporting this piece and then we'll get into where we stand in the broader region.
Kurt Mills
Yeah. So obviously the start of the war has not gone great for the administration. And so the best chance at this point for them is to seek an off ramp. There is some reporting from Axios a day or two ago that the Israelis actually phoned around the United States, the Netanyahu administration, that is to ensure that the US Was actually not negotiating again with the Iranians. I have nothing to report about whether or not there are back channels. There's probably deep back channels at this point between the U.S. iran, although not positive on that. But of course, the restarting of negotiations, the, the idea that the administration might just call it, they've assassinated Khamenei, they have destroyed some of the Iranian military capabilities and might just call it a victory, I think is the best chance at this point to stop a war, which of course the Israelis very much do not want.
Natalie
Walk me through a little why you say not great? Are you talking about the actual, you know, tactical kinetic operations, the messaging, the projected timeline? I just want to get some clarification on that.
Kurt Mills
Yeah, look, I think on two main vertices. So, number one, the military, the US has now instructed US citizens to evacuate upwards of over 15 countries. The Iranians have internationalized or regionalized the conflict. They have thrown shahed drones and missiles throughout the Gulf region and in Israel These are places that, you know, I mean, Doha Airport, you know, Dubai Airport. These are major thoroughfares for anyone who's ever traveled internationally outside of Europe. These are places that Americans know well. They're closed. They are not safe. The Gulf is not safe for people to visit, as the State Department has instructed and the Iranians have held. It is not entirely clear that the assassination of Khamenei really changes the political calculus there. In fact, they're poised to just appoint another Ayatollah Amenei, his son Mojtaba. So at this point, the Iranians have shown themselves far more plucky and adversarial in resisting the US And Israeli assault than, say, Hamas was in Gaza or Hezbollah certainly was in Lebanon or even the Houthis or the Houthis in Yemen. The Iranians are not Venezuela. As much as the President is seeking a Venezuelan option here, the Iranians are a much more fearsome state. And additionally, Khamenei was a different leader than Maduro. It's a much more complex and decentralized bureaucracy. The Iranians are going to hold on. On the politics. It's very clear there's an elite MAGA revolt. People like Tucker Carlson, Megyn Kelly and others have sounded the alarm. The sort of high information Republican voters and especially the independents that President Trump brought to the polls in 2016 and 2024, you know, the approval for this war is very, very low. This is essentially a factional war of traditional Republican hawks and neocons, his allies on the Hill, and many of the hawkish think tanks and magazines, frankly, that oppose Trump's initial rise to power. I mean, just take a look at the National Review against Trump from winter 2016. That is a litaning of people who are today supporting this Iran war.
Natalie
And Kurt, just give me a minute, because there's been some shifting timeline predictions. For the first time ever, I think yesterday we heard eight weeks. Four weeks seem to sort of be the number. What do you think we're looking at right now?
Kurt Mills
I think they're obviously moving the origin window both on depth and width or depth and breadth of this campaign. For one, they've already moved the Overton window to potentially having ground troops. They're not ruling it out. The senators on both parties, from everyone from Richard Blumenthal of Connecticut to Josh Hawley of Missouri, hardly, you know, a liberal, have seemed spooked after the Hill briefing earlier this week about how long this campaign may be. And hegseth keep the Secretary of War keeps moving the goalpost on how long it may be. Additionally, there was reporting out in Politico this morning that that fastest of the administration are considering a war that is as long as 100 days, even stretching into the autumn. Obviously the President himself has castigated the idea that he couldn't fight a forever war. Of course President Trump ran against forever wars when he won in 16 and 24 and the fact that he is sort of reading from the neocons script is obviously disheartening for those who voted for him.
Natalie
That we got a bounce to break, but if you can hang with me, I got a I got a cold open that I want your reactions to too. We'll be right back.
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 disclosure is available at public.com disclosures
Natalie
I think when you're diagnosed with cancer you crave a semblance of normalcy and control and so work allowed me to be me. So I think it's really important that companies stay flexible. Cancer in a diagnosis can be all consuming, but it doesn't have to be.
Kurt Mills
Research shows there is a significant connection
Stephen K. Bannon
between the ability to continue to work and cancer recovery.
Kurt Mills
We can make work a better place
Natalie
for healing, learn more and sign the pledge@workingwithcancerpledge.com I know you have to keep a lot of cards close to the vest on this, but we've already lost six troops, sir. The President says he does expect more. A lot of Americans and military families want to know if their loved ones are about to be deployed deployed to Iran for this. Will there be boots on the ground? The president has yet to rule that out.
Stephen K. Bannon
I certainly hope not. If there are boots on the ground,
Brian Kennedy
I hope they're not on the ground
Kurt Mills
any longer than the boots on the
Stephen K. Bannon
ground were in Venezuela.
Brian Kennedy
But I think that that's something the
Stephen K. Bannon
president knows that members of Congress certainly hope doesn't happen. But sometimes that's that's unavoidable in a situation like this. And you mentioned six troops had lost their lives, some had been from Fort
Brian Kennedy
Knox in Kentucky, my home state.
Stephen K. Bannon
So, you know, we're devastated.
Brian Kennedy
And obviously our thoughts and prayers are
Stephen K. Bannon
with the families of anyone that's been
Brian Kennedy
lost or wounded thus far.
Stephen K. Bannon
Go ahead, Carolyn.
Kurt Mills
Could you tell us about the President's current thinking about ground troops and and
Stephen K. Bannon
whether they could be used if they were to be sent into Iran, what
Kurt Mills
would they be used for?
Natalie
What's the situation? Ms. Well, they're not part of the plan for this operation at this time, but I certainly will never take away military options on behalf of the president of the United States or the commander in chief, and he wisely does not do the same for himself. I know there's many leaders in the past who like to take options off of the table without having a full understanding of how things could develop. So again, it's not part of the current plan, but I'm not going to remove an option for the president that is on the table. You're back in the war room. We still got Kurt Mills, Brian Kennedy going to be joining us after I would just say I think this boots on the ground discussion is obviously kind of the thing itself, or at least one of the most determining and determinative factors into how this war not war, whatever you want to call it, shakes out. But I do think it's important to note that the second, third and fourth order fifth the list goes on order effects of invading Iran. Even if it's not actual kinetic, traditional boots on the ground type style conflict are still very real. Whether that's refugee influxes, refugee mass flows, terrorist attacks, sleeper cells. I thought it was quite interesting that Lindsey Graham is just like, well, I guess there's gonna be a terrorist attack in the United States. Oops. That is I guess your America Last is showing, but I guess that's always on display. But there's still orders of magnitude, I think, significantly higher than the American people would like that come with any sort of kinetic engagement with an adversary like Iran. I want to bring Kurt on, though, because I am a little confused. I mean, I would posit, I think in the next week or so you're going to start seeing some iteration, whether it's JSox, Ocom, kind of a limited hangout version of boots on the ground, maybe turning out into a fuller force to more traditional boots on the ground when colloquially you hear that. But I'm curious your thoughts both through a historic lens, but also just with what you're hearing from the admin. Is this sort of laying the groundwork for a more traditional kinetic insurgency or do you think there is a chance that they get out now?
Kurt Mills
Okay, well, first, I think you were right to flag the Lindsey Graham comment. I think it was unbelievable that he told Secretary Noem yesterday, just casually that the danger of, quote, Islamic terrorism is up because we hit Iran. I mean, it's not even clear that if it's cynicism or imbecility, frankly. Like, does it even occur to him the causality here? It's really not clear if he doesn't care or he doesn't know. And at a certain point it doesn't matter. But it just shows you how casual these foreign policy mistakes are in sort of compounding America's problems. America's problem with terrorism is related to his force posture overseas. And I think he just conceded it casually to your actual question. My apologies. As to boots on the ground, like, look, the president is now allied with the faction of neoconservatives who are giving him poor counsel. And there are all the hallmarks of neoconservative foreign policy mistakes in the making. Right now, I would flag, you know, the sort of Kurdish farrago that the administration seems to be flirting with. You can't say for sure, but that very well could be a stalking horse for special operations that are already on the ground. And I would flag the administration has not been extremely forthcoming about how all six servicemen or service people were killed. And I think it's very possible the US Already has ground operations. I don't have evidence, but I don't the administration hasn't really ruled it out that they already have some personnel on the ground. And of course, as the secretary of State and the former CIA Director Mike Pompei said into the new year when the Iran protest kicked off, he highly implied that CIA and Mossad were, you know, we had assets on the ground that were involved in spurring these protests in Iran, not denying the organic frustrations of the Iranian people with this government, but they were obviously used as a tinder and a casus belli for US Intervention at this point.
Natalie
Yeah. That Lindsey Graham clip I think sort of gets to the heart of it. The flippancy with which the homeland is treated in comparison to this like extremely steel manned, ideologically aspirational version of what could Maybe potentially, if 9 million things go right in an order that we've never seen happen before and history makes us believe exactly the opposite. If that happens or materializes in Iran, it's just sort of a very interesting cost benefit analysis. And I think what I would say to that mindset is I just wish Lindsey Graham that you cared about the American people like 1/100th of how much you cared about the Iranian people. Which it seems to me that there's this idea that there's this organic uprising going on there. Then I'd ask why the CIA is so busy arming supposed rebellious forces, whether it's the Kurds or whatnot. I don't know if that was bad intel. If we thought we were going to go in there and the people would sort of take it over in this populist style revolt. I don't necessarily think that we're seeing that happen. But even if you take away what is going on on in Iran, I just think the premise. Right. People like Lindsey Graham. You know what, Lindsey Graham, if Iran is such an imminent threat, which I learned apparently something can be an imminent threat if it's been around for 47 years. I don't really think that makes sense. But I digress. Cuz that's all we've been hearing from the neocons that I voted to get away from as a party. But shouldn't have all these senators then been, I don't know, absolutely apoplectic, breaking down, crying down, trying to secure the border under Joe Biden because all these Iranian sleeper cells would be embedding in the country. Like you would think they would have cared a little bit more about border security enough to like I don't know, go on Fox News and call for us now invading basically every country in the region and outside the region. Because apparently we're getting involved in Cuba too now. Or at least the Cuban diaspora is lobbying the Trump administration. You know what I'll say and then I'll toss it to you. Kurt. I'm a little tired of these ethnic diasporas here in the United States, States that we take in out of the goodness of our hearts than demanding that American blood and treasure and the lives of the best and brightest Americans like Sergeant Cody that you just saw 20 years old from Iowa have to die. So these communities that are like vaguely American can somehow fulfill their vengeance against regimes in the countries they no longer have allegiance to. That's just not the point of what the United States of America is. And I wish why people like Lindsey Graham. That neocon ideology pisses me off so much and really makes me mad. It is the flippancy with which they treat American lives and the American homeland. Yet the way that they speak about these foreign countries, the people there, it's as if they have the revolutionary spirit. And the American people, well, sorry, you just have to sit down and accept a terrorist attack because Raytheon wants to make a little bit more money despite being years behind all their drone orders that we should be able to have actual weapons stockpiles, but apparently we don't because defense primes are the way the Pentagon wants to go. Kurt, I know there's a lot of debate going on right now back and forth and mag, I'm sure some of the comments section probably getter is lighting me up for that. But I think the difference between our side and the left is that we can have disagreements and you don't have to hate the people who are sharing these viewpoints. I think that's what makes our side really unique. What would your pitch to people who are listening to you and are wanting to pull their hair out saying you're a skeptic, you're a Trump doomer, you don't know what you're talking about. I'm sure they'd say we're probably both too young, we don't know, we're too anti war. What would your pitch be saying that you represent actual real maga, which is first.
Kurt Mills
I mean the people who are dying, the service people are young people. So I feel like they get a vote and I think their perspective matters. And I mean the sergeant, the late sergeant that you flagged, his life was tragically bookmarked by. I mean he was born after 911 and he died fighting and a global war on terror that is arguably still going, that hasn't ended even with the exhaustion of his life. And so it's just awful. And I think it's not in the American national interest to be fighting this war or really to particularly care about what happens one way or the other in the Middle East. As to the point that you make about the right having a robust conversation right now, yeah, I think it's a good thing and I think it is something that makes the right better than the left. I remember and people well remember the Ukraine debate four Years ago, the left shut down the conversation. They excised any left wing critics of the Ukraine war. They tried to cancel the Congressional Progressive Caucus from even writing a strongly worded letter about the Ukraine war ahead of the midterms. And the right's not doing that. The right is having a small D Democratic, robust, vibrant conversation. And I think that's a good thing. I think that is the milieu in which Trump came to power in 2016 and rose back in 2024. And I think it will be the key to, you know, enduring conservative and Republican victories in the future. There's this idea that there shouldn't be a fight, this idea that there shouldn't be a contest. I don't remember the 2016 primary or the 2024 primary or the Trump era in general being polite or close minded. And so I think we should welcome this discussion. As to the age point that you're making, I mean, yeah, I mean I guess maybe we're too young, but I'm not that young. I mean I'm pretty much aged out. Not that I'm applying, but I would pretty much aged out to be in the special forces. The special forces that were going to be people who are pretty much younger than than me who potentially would die in this Iran war. So I think it is relevant when millennials and Gen Z think and it is the future. And I think if you turn your back on the future we run, we run the risk of running an increasingly, you know, it already is but even more laughably gerontocratic society.
Natalie
Kurt Mills, if people want to follow you, read the magazine. Where can they go? Leave some comments. We appreciate it. Where can they go to do that?
Kurt Mills
The magazine was founded in 2002 by Patrick J. Buchanan with Tucker Carlson of his age. He founded with conservatives and friends against the Iraq War in 2002. It's at the AmericanConservative.com my own personal commentary and with the admixture of the magazine is at Curt M I L O S on X. Thank you Natalie.
Natalie
Thank you Kurt for joining us. We'll have you back Brian Kennedy after the short break. Don't go anywhere.
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. Six 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.com disclosures I
Natalie
need to be healthy every day to survive it and go through the next chemo round and the next chemo round. So it's important that work was part of that to keep my mind busy for eight, nine hours. And then I had to go back and face the reality. I had a goal and the goal is to survive.
Kurt Mills
Research shows there is a significant connection
Stephen K. Bannon
between the ability to continue to work and cancer recovery. We can make work a better place
Natalie
for healing, learn more and sign the pledge at working with cancer pledge.com here's
Stephen K. Bannon
your host, Stephen K. Ban.
Natalie
America's been robbed. You know what, you feel it and tens of thousands of War Room listeners agree. The first run of End of the Dollar Empire paid through edition has nearly vanished. So Birch Gold has approved one more printing. But this really is the end. You can't buy this anywhere. Not in stores, not on Amazon. It's exclusive to Birch Gold Group and unlike previous editions, this one is printed. We the first run would last week's it didn't. So we approved just one more print run. Print run to claim eligibility for your copy text ban into 989-898. That's ban into 989-898. You also get Birch Gold's free Gold IRA info kit. Then after you make a purchase from Birch Gold, the Patriots edition is yours for free again. Don't wait. These copies will disappear fast. You're back in the war room. I want to bring on Brian Kennedy. Look, I'm all for open discussion and debate. I know the comment section you guys like to get heated. I'm all for it. That's. That's passionate citizenship. Your patriotic duty. I just always say asking for clarity from the administration. There's nothing wrong with that. But I want to bring on some different perspectives, we got Brian Kennedy. Brian, I want to get into the also kind of implications on other regions, particularly with the Chinese and Taiwan and all that. But before we pivot to my favorite topic to discuss your sort of thoughts, thoughts on the Kurt Mills amcon worldview, the assessment of where we stand now. Do you agree? Where do you maybe differ?
Brian Kennedy
Yeah. Well, Kurt's a smart guy, first of all. Great to be with you, Natalie. Always good to be with you. Kurt's a smart guy and I understand his perspective. But the fact is, the president is anti war, I'm anti war, as are many of the MAGA base. So the president wouldn't have done this, President Trump, if he didn't think something was really serious here. He himself tried diplomacy, didn't want to go to war. He moved a third of the Navy over there for sure, because he thought there was something imminent going on, and he was concerned about that. But he would prefer not to go to war. This is a very risky thing he's done. But war is a risky business. And so he did it because he thought that the benefits of doing it would outweigh those risks. And I would humbly say that it's an unfortunate, you know, byproduct of war that young men die. You know, Sergeant Cody, who you showed earlier, he died for the United States of America and its national security, for the people of the country. And we should be very proud of him. But we also have to remember, as we remember him, that it's very difficult to fight wars. Trying to pull on the heartstrings of Americans every day by showing the young dead. It's an unfortunate thing. It's the most unfortunate thing. But these things happen, and they only happen because war is a very deadly business. And the president wouldn't have put us on this path unless he thought it was absolutely necessary. And you said earlier that this wasn't an imminent threat or for 47 years we've been arguing with Iran and this is not an imminent threat. Well, how do we know that? Well, we don't. We can surmise what's going on. But Iran was working on nuclear weapons. They had the option of foregoing their work on nuclear weapons. They wouldn't do it. What does that tell us? Well, it tells us that Iran is serious about being a regional power with nuclear weapons. Everyone says, well, this is just carrying out Israeli foreign policy. Well, it may be. Certainly the Israelis have an interest in this, but so do the Saudis, so do the Qataris, so do the other emirate. States, no one wants Iran to have nuclear weapons. And I would say when it comes to those nuclear weapons, the purpose of those was, you know, first and foremost, the United States, they're not going to use their nuclear weapons if they acquire them. And I, I've said before on the show, I think they already do, but they wouldn't use those against Israel. They knew if they use them against Israel, that would be met with nuclear retaliation against Iran. So it wasn't really in the equation that they were going to attack Israel. Who could they attack? Well, they could attack the United States, and they weren't going to do it from the territory of Iran. Their own Iranian nuclear strategic doctrine is to be able to launch a nuclear ballistic missile from a ship, presumably off the coast of the United States, in order to attack either an American city or to use it as an EMP weapon against the United States. Now, the mere fact that that hasn't happened before now is not at all indicative of what could happen in the future. And President Trump had certain intelligence he must have to lead him to believe that that was going to happen sometime in the future and that he wasn't going to let that progress any further. Hence where we are today. So, for all the folks who, you know, think this is a neocon project, President Trump's not a neocon. And I don't even think the people around him are necessarily neocons. They're people who are looking at the hard facts of the Iranian nuclear program and discerning that they cannot have nuclear weapons which they will use first and foremost against the United States.
Natalie
I'm curious, because Senator, I believe it was. Senator Cotton was on Fox, I think, a day or two ago, and why I brought up the word imminent, it was, I think, actually quite an interesting community note on X where the Senator was talking about the reason why we went in is that Iran has been an imminent threat for 47 years, which I do think is sort of an oxymoronic sentence. Of course, I understand, and I agree with your assessment. I don't think the President is a neocon either. But I'm curious, then, how you square this idea of imminent threat with the other rhetoric and documents that we've seen from the administration, whether it was the national defense strategy, the national security strategy, or even a lot of the press post Midnight Hammer saying that Iran was as weak, as vulnerable, as degraded. In some cases, they even use the word obliterated as we've ever seen, seen, which for me makes it a little hard to square that positioning of Iran with then, you know, this was going to be the time that they would attack and I would also tack on there. I'll ask you a couple questions and you just engage how you'd like. But who's to say too that going in like this, when a clear successor, it's clearly not, you know, a Venezuela type operation. I also do think the fact that it's an Islamic theocracy complicates the Venezuela template it a bit, at least from like a sleeper cell perspective. But who's to say that changing the regime there even necessarily results in a non nuclear or nuclear seeking state? Who's to say that we don't get a more radicalized Iran?
Brian Kennedy
Yeah, it's a great question, Natalie. It's a good observation too. Look, when we think of Venezuela, we didn't change the regime in Venezuela, we changed the mind of the regime in Venezuela. So when the president says a Venezuela type operation or Venezuela type regime change, it's changing the mind of the regime that they're going to believe that attacking the United States is a good thing. Look, in Iran there is very, very little what you would call in American terms civil society, meaning people who form public groups, who can understand the public good, who can work towards civil engagement and the production of a government that has the interests of the people at heart. That's not going to happen in Iran. The failure of the neocons was believing that they could create that in the Middle east, in Iraq and elsewhere. That was a gross failure. So I can see why many young folks think that the use of American military power and engagement is a bad idea because our past history prior I will say to President Trump, has been to use American military force and American military power in a most ineffective and frankly, stupid way. Thinking we were going to democratize Iraq was a very stupid idea. We're not going to democratize Iran. We're not going to create in Iran any kind of free society. That's not our job. That is the job of the Iranian people. But even then that's not likely to happen because they don't have a civil society from whence this will come. So you're going to get some kind of Islamic theocracy probably, or a Islamic military dictatorship. Quite likely. That is the quite likely outcome. But it will be a dictatorship that has the interests of Iran at heart. And that interest in Iran will be not to attack the United States, not to build nuclear weapons and to keep to themselves. And so we should have, and I don't think the President has any illusions that we're going to create a free society in Iran. He does have the very clear objective of making sure that in Iran you have a regime that believes nuclear weapons are a very bad idea and that trying to kill Americans is an even worse idea. And so from that point of view, this seems perfectly consistent with the America first approach of MAGA and actually a rejection of neocon ideology. And look, Lindsey Graham is a ridiculous human being. And so, you know, the fact that the people who are for the war, many of them are ridiculous human beings, doesn't make the objectives of this military engagement in Iran wrong or in any way, you know, discount what it is President Trump's trying to achieve here.
Natalie
I'm curious your perspective, both the kind of, you know, de jure, de facto, actually what the admin is pursuing, but then your opinion too, when you talk about these sort of security guarantees, you know, maybe accepting some sort of Islamic theocratic regime, but as long as they're not explicitly seeking to attack the United States, there's some form of compromise there. Do you think that the kind of calculus for that also includes Israel and our allies and partners in the region, or do you think that that is something that President Trump is negotiating, negotiating purely from it's only about America, or do you think our partners, junior partners, everyone to call them in the region, are also part of that too?
Brian Kennedy
I think President Trump is doing first and foremost what is good for America. And the fact that you hear these stories of Israel not knowing what these back channel deals are or potential potential negotiations are is a sign that the President's going to do what he thinks is best. It may benefit Israel in the long run, it may benefit Saudi Arabia in the long run. But his first and only interest here is what's good for the United States. And I really am a little, you know, the young folks within the MAGA movement who don't understand that I think simply don't have enough. I would encourage them to look deeper into what the President's objectives are and not have a reflective sort of dislike of military engagements because they think it will lead to a broader war. And let me say this may lead to a broader war, and I hope it doesn't. But we've been talking on this, on War Room for some time about us being in World War Three. And this is one front in World War three. And you simply can't dismiss this notion that the President sees it that way in that he wants to take Iran off the table because Iran is a proxy of Communist China. And so the Communist Chinese interest here has to be first and foremost and frankly, I'm worried about Islamic terrorism in the United States. I'm also worried about the 200,000 Chinese men of military age who look like Special Forces who came over during the Biden administration and what they could be doing in our country and what they are doing in our country, as you pointed out in your own investigative reporting. And so Brian, you're going to have
Natalie
to jump to break shortly. I want to hold you through because you're just ahead of me. I want to get to the China angle on all this. I will say I was recently on the campus of Stanford and I actually saw a China Chinese national jogging there wearing a PLA T shirt. So that doesn't tell you the threat that we face then. Then I don't know. I don't know. It does. Brian, if you can hang with us. I love asking questions like this. I agree young people maybe have a bit of a reflexive kind of trigger point on this, but I think it's important to ask these questions and get the information out there so everyone in the audience can can hear some different viewpoints. Warren, we'll be right back. More Brian Kennedy on the chat China Threat all things are on right after this break.
Stephen K. Bannon
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Natalie
need to be healthy every day to survive it and go through the next chemo round and the next chemo round so it's important that work was part of that to keep my mind busy for eight, nine hours. And then I had to go back and face the reality. I had a goal and the goal is to survive.
Kurt Mills
Research shows there is a significant connection
Stephen K. Bannon
between the ability to continue to work and cancer recovery. We can make work a better place
Natalie
for healing, learn more, and sign the pledge@workingwithcancerpledge.com here's your host, Stephen K. Band. You're back in the war room. We've still got Brian Kennedy with us. Brian, I want to sort of let you pick up where you left off, but I just want to pose sort of the broader question, obviously, how does this implicate the prc? I think the Taiwan question, I'll give you this to start you off. For what is it? I think every day, for the past, I don't know how many years the Chinese Air force, they've done their military kind of air incursions over Taiwan, I think in Tainan, Iran, every day, multiple times a day. And I think for the last three days at least, open source intelligence is showing us that they've stopped. I'm curious how you interpret that more broadly the paradigm. Do you think America's actions, whether it's Iran or Venezuela, emboldens the PRC to be more aggressive with Taiwan? Or do you think it shows them that the United States is not going to mess around and put up with any of their kind of attempts to. Attempts to meddle there?
Brian Kennedy
Yeah, that's a great question too, Natalie. I think what that shows is that the Chinese don't want to escalate things right now, that this is a very dangerous time in world history. We have a lot of our military over in that part of the world. We're doing very serious things in Iran. And the Chinese do not want to do the kind of things to provoke us right now. And so let us hope that cooler heads prevail, as they say, and that China sees this as something that's being done in America's interest and then they're not going to do the kind of things to provoke us, especially vis a vis Taiwan. But you know, I want to underscore the fact that these things are not desirable to have done, but the president did it because he thought he had to do it. And so there's something bigger going on here. This is a much bigger war. And him going after Maduro in Venezuela is, in my mind, designed to take a Chinese proxy off the table. If he does go after Cuba or encourage regime change in Cuba, that won't be a neocon expeditionary kind of engagement. That will be because the President believes China can't have a proxy or the Russians can't have a proxy in Cuba. And that's American interest being defined and operated on rather than some kind of neocon democratizing the world kind of approach.
Natalie
Brian, I'm asking you tough questions, but it's because I respect you very much. I think you're one of the best guests we have on War Room. But I'm curious how you square the idea of using kinetic action to take Chinese proxies off the map with then the administration also, for instance, you know, canceling arm sales or arm transfers to Taiwan or green lighting the H200 chips, kind of giving them some of our most sensitive and high value tech transfers. How do you see that kind of squaring with this more kinetic force to take out Chinese proxies?
Brian Kennedy
I. Well, that's, that's, that, you know, that's a great question too. The, the administration should not be selling our advanced chips to communist China. I'm for decoupling, a systematic decoupling with communist China entirely, as you know. And I'm for selling arms to Taiwan and doing it at a rapid pace. And our so called military industrial complex needs to be more industrial and industrious in producing munitions for us so that we can sell them to whatever country that is in our interest to sell them to. And so, yes, the administration should be more consistent when it comes to that. They should be making sure that communist China does not have access to US Capital markets. They shouldn't have Communist China being able to buy up U.S. farmland. They should be buying back from communist China the farmland they've already bought. We need to get much more serious about communist China. And in the meantime, we have to use kinetic action to make sure that Communist China's proxies around the world are defanged, as Captain Fennell said yesterday, from being able to harm the United States. And look, we talk about nuclear war and nuclear weapons where the, the cause for President Trump going into Iran. And because we've not had a nuclear war doesn't mean there won't be one someday. And President Trump is trying to avoid that. And he only would have done that if he believed that whatever track Iran was on would have led to that eventuality or that they already had them and he wanted to degrade their capability of ever being able to use them. And so as undesirable as many of these things are, they were done for a reason and a very serious reason and he wouldn't have done it unless that reason was very serious.
Natalie
And Brian, we've got about two minutes left. I want you to just to sort of sketch what you think the contours of both a politically positive but also geopolitically safe kind of off ramp or timeline would look like specifically in Iran, what that kind of level of escalation would be. What is the kind of crescendo are we there yet? Are you expecting more action there? Or when do you think the administration or by when do you think they need to colloquially we would call it get out.
Brian Kennedy
Here's the easy answer. I don't know. The administration has certain objectives when it comes to degrading their military capability. I would say that we should leave when the Iranian regime, whoever that is, believes they've been defeated, not only defeated, but that they know they've been defeated and that they believe deep within them that it is a bad idea to think about attacking the United States in whatever way, whatever way they can. Look for 47 years they've committed textbook act of acts of war against the United States whether it was taking our embassy or using surrogates to kill our men in Beirut or you know, the final pre flight training of the 911 hijackers was in Iran. Yeah. After September 11th, Osama bin Laden's family lived in Iran. Osama bin Laden diaries have, you know, a lot of correspondence with his colleagues about we don't like the Iranians but they provide us money and intelligence and then they provide them munitions in Iraq to kill Americans. So they've been doing this for a long time.
Natalie
I hate to, I hate to interrupt you but we're coming up against the end of show and I'm actually tossing to Steve so don't worry Warren posse, you get Steve back. But Brian, if people want your commentary on this, which I know they do, where can they go to follow you and get your writings?
Brian Kennedy
Thank you Natalie. On X it's Brian T. Kennedy one on Getter and Truth Social is Brian T. Kennedy and they can go to presentdangerchina.org thanks. Great to be with you as well.
Natalie
A must follow. Brian, thank you for joining. Thank you for putting up with my questions. I think discussions like this are important. You know, America first, it's quite an explosive term but we're here to defend that in the war room. Steve Bannon picking up after the break. Have a good one.
Kurt Mills
When I was diagnosed all I wanted to do was get back to work.
Stephen K. Bannon
I wanted to get back to that
Kurt Mills
trajectory that I was on prior to the cancer. I always felt like I had value.
Brian Kennedy
I had a place on the team
Kurt Mills
to just be treated with dignity.
Natalie
It means everything.
Kurt Mills
Research shows there is a significant connection
Stephen K. Bannon
between the ability to continue to work and cancer recovery. We can make work a better place
Natalie
for healing, learn more and sign the pledge@workingwithcancerpledge.com this is an iHeart podcast. Guaranteed human.
Main Theme:
This episode delivers a high-stakes, in-depth discussion centered on the ongoing US-led war against Iran, with President Trump at the helm, and the broadening reverberations for American foreign policy, military families, and global geopolitics. Through sharp debate and policy analysis—from critique of White House strategy to the generational impact on military personnel—the hosts and expert guests probe whether the conflict aligns with America First principles or veers dangerously toward neo-conservative hawkishness. Notable focus is given to dissenting perspectives within the MAGA movement and the war’s ripple effects for US-China relations and homeland security.
[02:07 – 08:43]
Quote [05:47] – Stephen K. Bannon:
"We didn't start this war, but under President Trump, we are finishing it."
Quote [08:43] – Natalie (on loss):
"I just wish he could have known one more time that we all loved him."
[08:43 – 10:52]
Quote [09:52] – Bannon:
"America is under siege—now likely to be attacked because radical Islam is under siege and they're going to hit back. And we're sitting here...not funding DHS. This is the primal scream of a dying regime."
[11:07–18:56]
Quote [13:41] – Kurt Mills:
"The Iranians have shown themselves far more plucky and adversarial in resisting the US and Israeli assault than, say, Hamas was in Gaza or Hezbollah certainly was in Lebanon."
[18:56 – 27:46]
Quote [22:00] – Kurt Mills (on Lindsey Graham):
"It's not even clear if it's cynicism or imbecility, frankly. Like, does it even occur to him the causality here?"
Quote [27:46] – Kurt Mills:
"He was born after 9/11, and he died fighting in a global war on terror that is arguably still going...This is not in the American national interest to be fighting this war."
[33:44 – 42:48]
Quote [39:37] – Brian Kennedy:
"We're not going to democratize Iran. ... That is the job of the Iranian people. But even then that's not likely to happen because they don't have a civil society from whence this will come."
[47:10 – 51:05]
Quote [48:47] – Brian Kennedy:
"The president did it because he thought he had to do it. ... There's something bigger going on here. This is a much bigger war."
[53:02–54:55]
Quote [53:38] – Brian Kennedy:
"We should leave when the Iranian regime, whoever that is, believes they've been defeated...and...that it is a bad idea to think about attacking the United States."
Bannon on the War Aim:
"We didn't start this war, but under President Trump, we are finishing it." ([05:47], Bannon)
Kennedy’s Caution:
"Trying to pull on the heartstrings of Americans every day by showing the young dead... It’s the most unfortunate thing. But these things happen, and they only happen because war is a very deadly business." ([33:44], Kennedy)
Mills on the MAGA Divide:
"The people who are dying, the service people, are young people. So I feel like they get a vote, and I think their perspective matters..." ([27:46], Mills)
Natalie on Policy Disjunction:
"If Iran is such an imminent threat, which I learned apparently something can be an imminent threat if it's been around for 47 years, I don't really think that makes sense." ([23:58], Natalie)
This episode is a full-spectrum exploration of war, patriotism, realpolitik, and dissent—probing whether US power can be flexed in a way that is both effective abroad and respectful of the real costs to American families and future generations.