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Speaker 1: Ago, Trump posted that Iran is doing a very poor

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Speaker 1: job of allowing oil through the Strait, adding quote, that

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Speaker 1: is not the agreement we have. An hour earlier, the

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Speaker 1: President posted, there are reports that Iran is charging fees.

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Speaker 1: They better not be, and if they are, they better

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Speaker 1: stop now, because this is how we do diplomacy. Safe

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Speaker 1: passageway through the Strait was actually a key sticking point

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Speaker 1: of the President's ceasefire with Iran, but straight traffic remains

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Speaker 1: at a near standstill, even though iron still has an

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Speaker 1: upper hand on this crucial shipping route. Trump once again

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Speaker 1: declared victory tonight over Tehran. The contradictions, they just don't

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Speaker 1: stop there. For the first time, we are hearing from

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Speaker 1: US troops. Troops who survived Iran's attack on an American

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Speaker 1: military outpost in Kuwait at the start of the war.

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Speaker 1: Now the March first strikes killed six service members. Soldiers

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Speaker 1: who were injured in the drone attack, spoke to CBS News,

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Speaker 1: contradicting this version of events from Pete Hexa.

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Speaker 2: Every once in a while, you might have one, unfortunately,

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Speaker 2: a squirter that makes its way through, and in that

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Speaker 2: particular case, it happened to hit a Tactical Operation Center

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Speaker 2: that was fortified.

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Speaker 3: But these are powerful weapons.

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Speaker 1: One of those injured soldiers said in response, quote painting

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Speaker 1: a picture that one squeaked through.

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Speaker 3: Is a falsehood.

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Speaker 1: I want people to know the unit was unprepared to

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Speaker 1: provide any defense for itself.

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Speaker 3: It was not a fortified position on their side. Anderson, yeah, absolutely.

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Speaker 4: I mean you have a lot of experience in this region.

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Speaker 4: You have seen that time after two.

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Speaker 5: Well, as I said, I think, really, I mean, it

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Speaker 5: is their strategy right now and I can't say that

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Speaker 5: it's failing. Is to make this so untenable for the

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Speaker 5: rest of us that there's pressure on the United States,

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Speaker 5: which is just stops working. Well, it is their chief

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Speaker 5: leverage and ours is an ability to impose punishing strikes

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Speaker 5: on Iran.

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Speaker 4: President now, he said, quote I spoke with bb and

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Speaker 4: he's going to low key it. I just think we

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Speaker 4: have to be sort of a little more low key

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Speaker 4: he He himself was less so in a social media

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Speaker 4: post shortly before midnight last night about what would happen.

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Speaker 4: He says if Iran does not comply with whatever agreement

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Speaker 4: emerges from the upcoming talks, which get underway on Saturday, again,

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Speaker 4: quoting the President, then the shouldent starts bigger and better

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Speaker 4: and stronger than anyone has ever seen before. In the meantime,

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Speaker 4: he adds, our great military is loading up and resting,

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Speaker 4: looking forward actually to its next conquest. The conquest in

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Speaker 4: military terms, means taking control of land or people through force.

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Speaker 4: That is what the President of the United States now says,

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Speaker 4: our military is looking forward to.

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Speaker 6: Trump declares premature victory in Iran, It says, the unfortunate

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Speaker 6: truth is that mister Trump put himself in his position.

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Speaker 6: Inconsistent rhetoric on the war. Claims of victory and unleashing

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Speaker 6: hell to Iran civilization raise global fears and undermines support

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Speaker 6: at home and abroad. The next test for mister Trump

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Speaker 6: will be whether he takes his two weeks cease fire

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Speaker 6: deadline seriously so that you can sort of throw into

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Speaker 6: a ball of coverage that is quite similar to that.

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Speaker 6: What's your reaction when you see that?

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Speaker 7: Mark Well, I don't normally waste my time reading editorial

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Speaker 7: pages because I don't care what about six guys sitting

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Speaker 7: in a skyscraper have to say about anything.

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Speaker 3: The fact of the matter is this.

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Speaker 7: We wouldn't be where we are today, but for the

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Speaker 7: fact that this president did something no president has done

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Speaker 7: in half a century. He said, enough is enough. We're

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Speaker 7: going to take care of this nuclear issue. We're going

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Speaker 7: to take care of this enrichment issue. They're not going

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Speaker 7: to get the blackmail us. They're not going to get

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Speaker 7: the fun terrorism anymore. They've killed thousands of American citizens

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Speaker 7: and military personnel. We're not putting up with that anymore.

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Speaker 7: They're spreading terrorism all over the world. They try to

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Speaker 7: assassinate me. We're not putting up with that anymore. We're

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Speaker 7: going to take care of this once and for all.

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Speaker 7: We're not going to push it off to the next generation.

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Speaker 7: My envoy came back, Steve Wicuff. He said they were

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Speaker 7: bragging about the fact that they could have eleven nuclear

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Speaker 7: bombs in ten days. And I'm supposed to listen to

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Speaker 7: Chuck Schumer. I'm supposed to waste my time with AOC.

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Speaker 7: I'm supposed to care when some editorial page has to say,

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Speaker 7: he's the president of the United States.

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Speaker 3: He knows what he's doing.

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Speaker 7: My issue here is they say premature, he's sending mixed

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Speaker 7: signals premature. I don't think he's premature at all. And

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Speaker 7: he hasn't sent mixed signals unless he wants to send

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Speaker 7: mixed signals, and that's the way he negotiates and so forth.

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Speaker 7: So the fact of the matter is this regime is dead.

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Speaker 7: The question is whether we let it live, whether we

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Speaker 7: allowed the re life into it. And that's why these

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Speaker 7: negotiations are critical.

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Speaker 8: Ten points fifteen points, right, how are you going to

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Speaker 8: square that away during these negotiations?

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Speaker 3: And if it's an.

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Speaker 8: Objective to get there as quickly as possible, you're not

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Speaker 8: going to resolve that. You're not going to come to

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Speaker 8: an understanding. I mean, this will be two weeks of frustration.

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Speaker 8: I'm kind of surprised that the ceasefires lasted as long

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Speaker 8: as it has so far.

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Speaker 3: Right, you know this is.

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Speaker 8: We've got to remember that the strategic objective was to

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Speaker 8: remove Iran's ability to create a new clear weapon. That

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Speaker 8: is job number one, and no matter how that's achieved,

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Speaker 8: we need to commit ourselves to that. But we have

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Speaker 8: to make the case to the American public, and we

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Speaker 8: haven't done that yet, right, So this should be a

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Speaker 8: time that the administration begins to work on that to

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Speaker 8: justify why we're there. Because again, as I mentioned to you,

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Speaker 8: the last time we were together. Once you put boots

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Speaker 8: on the ground, it's a completely different Wars.

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Speaker 9: For them is a video game. This is a television series.

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Speaker 9: You know, to listen to the Secretary of Defense. We

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Speaker 9: don't have a Department of War, people, but it's a

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Speaker 9: Secretary of Defense sitting up here talking the way he talks.

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Speaker 3: These young men and women. What is their.

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Speaker 9: Expectation when they go into battle, and you know that's

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Speaker 9: not going to be their reality. Their reality is not

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Speaker 9: going to be this clean cut. Oh yes, we dropped

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Speaker 9: the bomb. Things blew up and everybody went scurrying back

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Speaker 9: into their holes.

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Speaker 3: That's not how it works.

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Speaker 10: The enemy fights the enemy.

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Speaker 3: We fonds, well, I don't think we can.

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Speaker 11: When you look at Kalibau or Rachi, these are both

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Speaker 11: revolutionary guards people.

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Speaker 3: They came out of the RRGC. They're not normal people.

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Speaker 11: I think the only normal person you have is Prosesshkian,

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Speaker 11: who's there president. But the rest of them are revolutionary leaders.

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Speaker 11: They've been fighting for forty years against the United States.

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Speaker 11: And you've got to picture up there with Vahiti. He's

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Speaker 11: the same one. He runs the IRGC right now. But

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Speaker 11: he's an old revolutionary too. So you're dealing with people

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Speaker 11: who are steeped in believing the United States is the

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Speaker 11: great scene, and we need to go in there and

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Speaker 11: realize this is not a business deal. This is war,

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Speaker 11: and we're settling a war. We are the victors, and

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Speaker 11: we're going to come in like we are the.

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Speaker 7: They are dead men walking now, are we going to

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Speaker 7: resuscitate them or not? As far as the Straits go,

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Speaker 7: that's international waters.

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Speaker 3: They don't get to control it.

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Speaker 7: There's eight countries on the shorelines of that navigable area.

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Speaker 7: Who says around gets to make decisions about what goes

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Speaker 7: on there. They have to be put in their place.

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Speaker 7: If we're me, I'm not president, so I'm just projecting.

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Speaker 7: I'd say, here are my twelve points. You surrender or

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Speaker 7: we'll see you in a week or two. And that's that.

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Speaker 7: We're not there to negotiating any kind of deal. We're

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Speaker 7: negotiating their surrender. That's my view. This president has been

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Speaker 7: up against the Democrats, he's been up against the woke right,

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Speaker 7: he's been up against the media, he's been up against

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Speaker 7: the UN, he's been up against NATO, and he's doing

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Speaker 7: the right thing.

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Speaker 3: They've had fifty years to figure.

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Speaker 7: This out, and he's figured it out, and he says

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Speaker 7: no to all these other people, they're wrong. What would

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Speaker 7: we do today, Martha if they had a nuclear weapon?

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Speaker 7: They control the Straits and there's not a damn thing

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Speaker 7: we could do about it. They control the entire oil

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Speaker 7: in that entire region. That whole region would change with

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Speaker 7: China's presence, with Russia's presidence, and so forth and so on. Moreover,

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Speaker 7: they keep threatening US. These are terrorists, These are suicide bombers.

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Speaker 7: They'd be suicide bombers with new lear weapons, and they

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Speaker 7: could use those nuclear weapons to kill tens of millions

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Speaker 7: on Americans. Let me ask Ronald Trump's the president. He

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Speaker 7: has to make those decisions.

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Speaker 12: The last you know, twelve to twenty four hours or so,

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Speaker 12: there's been a little bit more optimism, and I know

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Speaker 12: the President himself is hoping that once they are in

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Speaker 12: person in Pakistan that hopefully they can broach some of

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Speaker 12: the really large daylight between these two different plans, as

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Speaker 12: Nick laid out, the ten point plan from Iran the

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Speaker 12: fifteen point plan from the US. I am told they're

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Speaker 12: expecting the meeting on Saturday with the Vice President. Steve

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Speaker 12: wickoftyared Kushner to be the first of likely several intense

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Speaker 12: negotiations over that two week ceasefire, and of course they

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Speaker 12: could ultimately extend the seasfire further if they believe progress

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Speaker 12: is being made. But one thing I just want to

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Speaker 12: point out about Vance himself quickly is that, you know,

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Speaker 12: one I've been told that his presence here is really

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Speaker 12: meant to lend a certain air of credence to these toxies.

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Speaker 12: Of course, the president's number two has a lot of

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Speaker 12: the President's full trust to.

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Speaker 3: Negotiate on his behalf. But also one thing.

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Speaker 12: That's been interesting as well from some of my conversations

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Speaker 12: around this is that they recognize Vance as someone that

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Speaker 12: the pakistanis the mediators involved in this, but also the

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Speaker 12: Iranians know as someone who is a former anti interventionist

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Speaker 12: person in foreign wars, that he was one of the

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Speaker 12: few people who did not want the president to move

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Speaker 12: forward with strikes, which could also give perhaps a sense

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Speaker 12: of giving Vance looking more reasonable perhaps in their eyes.

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Speaker 12: Will have to see how these negotiations go.

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Speaker 3: But of course, O Kate, look.

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Speaker 13: This was a hot inflation report, and the fingerprints of

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Speaker 13: the war in the Middle East are all over this report.

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Speaker 13: So consumer price is surging by zero point nine percent

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Speaker 13: between February and March.

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Speaker 3: That's triple the rate of the prior month, and that's

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Speaker 3: the highest in any month in almost four years.

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Speaker 13: You got to go back to June twenty twenty two,

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Speaker 13: when gas press were five dollars a gallon. The annual

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Speaker 13: rate ticked up two bubbles. It went up sharply to

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Speaker 13: three point three percent. That was slightly less than expected,

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Speaker 13: but that's the highest annual rate, as you mentioned, in

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Speaker 13: almost two years. In fact, this is the highest annual

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Speaker 13: inflation in any month of either of President Trump's two

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Speaker 13: terms in the White House. This is looking at the

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Speaker 13: trend for inflation. You can see it had been moving

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Speaker 13: in the right direction.

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Speaker 14: Has a right line up.

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Speaker 13: Yeah, it's going straight up. So why did this happen? Well,

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Speaker 13: obviously gasoline is a major part of this. The Bureau

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Speaker 13: Labor Statistics says that three quarters of the monthly increase

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Speaker 13: in prices was driven by the fact that gas prices

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Speaker 13: skyrocketed by twenty one percent a month over month.

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Speaker 3: That's the most since.

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Speaker 13: They started tracking this back in nineteen sixty seven when

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Speaker 13: LBJ was in the White House. Airfare also went up

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Speaker 13: significantly of three percent increase in airfare. That's actually less

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Speaker 13: than it could have been. I mean, Jeff, fuel costs

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Speaker 13: have doubles since the war started, So airfare up three

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Speaker 13: percent is not good, but it's actually likely to get

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Speaker 13: worse in the coming months. Tomato prices also up by

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Speaker 13: fifteen percent on a monthly basis.

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Speaker 3: That's the most since twenty eleven.

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Speaker 13: Now, the news isn't all bad here, right, egg prices,

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Speaker 13: among other things, eggs went down. Overall, grocery prices actually

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Speaker 13: were down between February and March, unfortunately, though that's not

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Speaker 13: likely to last, right, because the war the Middle East

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Speaker 13: has interrupted the supply of critical materials, including fertilizer and

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Speaker 13: when you combine and diesel.

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Speaker 15: Right, so you combine all that.

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Speaker 13: That's why economists are saying that you could start to

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Speaker 13: see food prices go up.

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Speaker 3: Now.

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Speaker 13: One thing to note is core inflation, which economists say

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Speaker 13: is a better underlying indicator of where inflation is really going.

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Speaker 13: Core inflation only ticked up a little bit, but that's

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Speaker 13: not likely to last. We do expect these other price

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Speaker 13: increases to see through the rest of the economy.

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Speaker 3: Bottom line here, Kate.

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Speaker 13: Look, the war is clearly making life more expensive for Americans,

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Speaker 13: and this is likely not over right, This is.

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Speaker 3: Not just a March story.

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Speaker 13: We're going to continue to see the impact of the

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Speaker 13: war in inflation reports going forward, which just means the.

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Speaker 3: Cost of living is likely to get worse.

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Speaker 7: We're taking out that regime because it's our enemy. We're

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Speaker 7: taking out that regime because it killed our people. We're

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Speaker 7: taking out that regime because they wanted nukes.

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Speaker 3: And if it remains in some form, you know, it's

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Speaker 3: like a weed whacker. The weeds grow, they keep coming.

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Speaker 7: You might at the top of it and the next level,

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Speaker 7: but the weeds keep growing. And if we don't get

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Speaker 7: down into the weeds, they're going to keep growing.

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Speaker 16: Friday, ten April, in the Year of Our Lord, twenty

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Speaker 16: twenty six, tel Aviv Levin.

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Speaker 15: You got him right there making his case. We try

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Speaker 15: to give it.

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Speaker 16: I want to thank Denver, the Real America's voice team

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Speaker 16: in Denver. Of course our own crack team here at

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Speaker 16: the War Room, because I think these cold opens give

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Speaker 16: the best summering of a range of opinions what people

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Speaker 16: are thinking.

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Speaker 15: Of course, inflation.

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Speaker 16: Data is out today and we're going to get Eric

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Speaker 16: Bowling on here and break all that down in the

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Speaker 16: fog of war. It looks like the team is to

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Speaker 16: Islamabad to negotiate. Now there's obviously these questions. The tent,

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Speaker 16: the maximust position of the Iranians, and the ten points,

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Speaker 16: which are eight of them, are completely unacceptable even to

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Speaker 16: talk about. Of course our fifteen points, Mark Levin would

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Speaker 16: be correct, that would be essentially an unconditional surrender. There's

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Speaker 16: supposed to be a modified ten that they have somehow

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Speaker 16: agreed to, at least have agreed partly to, and it

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Speaker 16: we'll find out about that. But it looks like the

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Speaker 16: team is going to leave and going to go to Islamabad.

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Speaker 16: Will be covering it on the Saturday Show, and even

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Speaker 16: though there's a tenuous cease fire, we're going to cover

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Speaker 16: it on We're going to continue our seven day week

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Speaker 16: coverage at least through the ceasefire. So we'll be live

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Speaker 16: on Sunday to report on what's going on. Eric Bondy's

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Speaker 16: going to join us a minute. We're going to talk

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Speaker 16: about the markets. Also, I want to talk about I

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Speaker 16: had Philip Patrick on last night about this Bloomberg report

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Speaker 16: that Central banks hit a trip wire in March and

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Speaker 16: in the first quarter of this year, where gold backed

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Speaker 16: assets actually were increased, actually more than dollar backed assets.

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Speaker 16: The President's got a repost of a John Solomon just

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Speaker 16: a news article about a great reset that would be

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Speaker 16: a reset with the Chinese Communist Party, Thank God, because

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Speaker 16: we certainly need one.

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Speaker 15: Anyway, We're going to get into oil war, all of it.

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Speaker 16: But we're going to turn our focus this morning back

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Speaker 16: on inside the wire, the fight for the United States

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Speaker 16: of America, inside the United States of America, not from

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Speaker 16: the rubble in Tehran.

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Speaker 15: Take your phone out text Bannon b A. N. N

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Speaker 15: Owen at nine eight nine eight nine eight get the

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Speaker 15: ultimate guide. It's totally free, no.

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Speaker 16: Obligation from Birch Gold on investing and gold and precious

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Speaker 16: metals in the age of Trump.

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Speaker 15: And talked to Philip Patrick and.

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Speaker 7: His team now more than every they are dead men

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Speaker 7: walking now.

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Speaker 3: Are we going to resuscitate them or not?

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Speaker 7: As far as the Straits go, that's international waters.

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Speaker 3: They don't get to control it.

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Speaker 7: There's eight countries on the shorelines of that navigable area.

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Speaker 7: Who says around gets to make decisions about what goes

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Speaker 7: on there. They have to be put in their place.

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Speaker 7: If we're me. I'm not president, so I'm just projecting.

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Speaker 7: I'd say, here are my twelve points. You surrender or

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Speaker 7: we'll see you in a week or two. And that's that.

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Speaker 7: We're not there to negotiating any kind of deal. We're

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Speaker 7: negotiating their surrender. That's my view. This president has been

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Speaker 7: up against the Democrats, he's been up against the woke right,

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Speaker 7: he's been up against the media, he's been up against

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Speaker 7: the UN, he's been up against NATO.

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Speaker 3: And he's doing the right thing.

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Speaker 7: They've had fifty years to figure this out, and he's

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Speaker 7: figured it out, and he says no to all these

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Speaker 7: other people, they're wrong. What would we do today, Martha?

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Speaker 7: If they had a nuclear weapon, they'd control the Straits

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Speaker 7: and there's not a damn thing we could do about it.

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Speaker 7: They control the entire oil in that entire region. That

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Speaker 7: whole region would change with China's presence, with Russia's presence,

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Speaker 7: and so forth and so on. Moreover, they keep threatening us.

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Speaker 7: These are terrorists, These are suicide bombers. They'd be suicide

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Speaker 7: bombers with nuclear weapons, and they could use those nuclear

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Speaker 7: weapons to kill tens of millions of Americans.

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Speaker 15: It's forty seven years. I got it, I got it,

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Speaker 15: I got it.

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Speaker 16: He does make some I actually think Mark Levin tel

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Speaker 16: Aviv Levin actually makes some relevant points. I would just

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Speaker 16: like to note to him that the surrendered document was

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Speaker 16: the fifteen point program. We're off the fifteen point program.

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Speaker 16: I don't say that. I thought there were manute elements

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Speaker 16: of the fifteen point program that we should stick with.

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Speaker 16: That's the White House's position. So you got to get

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Speaker 16: your fact straight. They've already agreed that that's not They're

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Speaker 16: not negotiating the surrender. The reason they're not negotiating a

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Speaker 16: surrender is I keep saying, not the reality, but the

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Speaker 16: reality in the Revolutionary Guard's mind is that they didn't lose.

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Speaker 16: Why do you think we're sending a team to Islamabad.

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Speaker 16: So we've got to get serious now what we want

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Speaker 16: out of this and how we get the hell out

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Speaker 16: of here, and let America's greatest ally do whatever they're

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Speaker 16: going to do with whoever they want to do it with,

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Speaker 16: because now this is serious and it's starting to roll

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Speaker 16: into and I've been very adamant let's just keep the

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Speaker 16: midterms away, because every day is a major historical day here,

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Speaker 16: and we've got to get through the day and keep

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Speaker 16: the big picture. Now, the best news I've seen in

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Speaker 16: the last twenty four hours is John Solomon's team over

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Speaker 16: Just the News has put up a this about the oil,

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Speaker 16: the sanctioned oil, which I keep bitching and moaning about

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Speaker 16: and about stopping it it and and seizing it and

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Speaker 16: not let any China, not let the not let the

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Speaker 16: the regime monetize it. And there's an article and then

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Speaker 16: President Trump reposts and said, the greatest reset in like

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Speaker 16: world history.

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Speaker 15: I'm down with that. That's good. I like that.

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Speaker 10: That.

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Speaker 16: That's why I'm saying, let's shift to If that's the

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Speaker 16: attitude and that's the negotiating attitude, let's take that attitude

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Speaker 16: and just go to Beijing. Don't don't don't deal with

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Speaker 16: intermediaries in Pakistan or even the Revolutionary Guard, go right

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Speaker 16: to their sponsors.

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Speaker 15: Principal to principle. Anyway, there's a lot going on everybody.

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Speaker 16: We want to say first, you know, we've we on

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Speaker 16: our starting team, on our starting team in the war room.

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Speaker 16: Over the years, we had Scott Bessett, Russ Vote, Peter Navarro,

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Speaker 16: Dave Walsh, and people should know Dave's got a very

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Speaker 16: big job in the government.

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Speaker 15: Uh and and and and.

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Speaker 16: Dave Bratt who hasn't been on will because Dave Brad

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Speaker 16: has got some huge opportunities. I think we're gonna hear

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Speaker 16: about shortly. And so we've had to restock. And you're

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Speaker 16: doing such a great job here because we can just

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Speaker 16: talk about the evidences shown up today. I don't think

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Speaker 16: it's going to be too long before they asked Bowling

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Speaker 16: to take a sixty or ninety day hiatus from his

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Speaker 16: Hits show at four o'clock and going as an advisor here.

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Speaker 16: So walk through because today I just want to in

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Speaker 16: the fog of war, we've got you know, the Macdaddy,

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Speaker 16: Drudge and Wall Street still saying, hey, there's ten to

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Speaker 16: fifteen ships maybe going through today, you know through hor

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Speaker 16: Mows totally controlled by the Iranians, may either flagged Iranian

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Speaker 16: flags or oil cargoes for the Iranians, nothing else going through.

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Speaker 16: There's still hundreds of ships backed up there. You've got

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Speaker 16: this inflation data, you have the Bloomberg story yesterday about

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Speaker 16: how this is going to have a lasting impact, and

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Speaker 16: we had Philip Patrick on yes say, but I want

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Speaker 16: you to address it also. It's going to have a

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Speaker 16: lasting impact on the dollar because now the world is

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Speaker 16: seeing how we're using economic sanctions and going after the currency,

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Speaker 16: and you know, telling UAE to seize their assets in

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Speaker 16: the pirate town of Dubai, and so they've got more

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Speaker 16: goalback assets and central banks now than dollar back. And

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Speaker 16: although it should be a massive flight to safety, you're

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Speaker 16: not seeing that. So I want to take all of

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Speaker 16: that and just turn it to you because you've been

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Speaker 16: so dead spot on with how you've been guiding us

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Speaker 16: in this. But I want to specifically talk about this

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Speaker 16: inflation number, because you got some people saying, hey, it's

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Speaker 16: not as bad as all that, It's actually okay. You know,

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Speaker 16: if egg price are down, food prices down, you got

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Speaker 16: other people saying, I see the end of the world

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Speaker 16: and it's coming. So Eric Bowling, make us feel smarter

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Speaker 16: on this Friday morning, Sir.

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Speaker 17: Now you have the smartest audience barn down of any

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Speaker 17: certainly any show, by the number that Cold Open you ran,

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Speaker 17: especially towards the end where you had the CNN analyst,

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Speaker 17: I guess he's an economists analyst totally surprised and saying,

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Speaker 17: oh my gosh, can you believe this number?

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Speaker 10: We've been Stephen.

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Speaker 17: We've been talking about this since I started with you

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Speaker 17: forty four days ago. I said, this is coming. Energy

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Speaker 17: inflation is coming. If you notice too that you take

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Speaker 17: that number down. So month over month from February to March.

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Speaker 17: Remember the war started February, last day of February, so

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Speaker 17: March is the beginning. Bad news is it's only beginning.

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Speaker 10: It's the.

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Speaker 17: Gasoline price. When this thing started, it was about three

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Speaker 17: to twenty four gallon. It's now almost four to twenty

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Speaker 17: a gallon. For the whole forty days it's gone up.

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Speaker 17: That means inflation will continue to rise for another forty days.

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Speaker 17: It'll be baked into the next number. And to do

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Speaker 17: a triple month over month, triple from point three percent

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Speaker 17: two point nine percent is massive. And here's the worst

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Speaker 17: part of it, all of it, all of it. They

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Speaker 17: have this other number they break out called core CPI

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Speaker 17: Consumer pricing. Next is the overall headline number, which we

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Speaker 17: were tripped month over month. But the core CPI they

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Speaker 17: pull out food and energy, it was flat, So there's

438
00:22:06,680 --> 00:22:09,920
Speaker 17: no inflation other than energy, food and energy. I went

439
00:22:09,960 --> 00:22:14,600
Speaker 17: further and looked, food inflation is flat. Energy inflation is

440
00:22:15,000 --> 00:22:18,280
Speaker 17: ramping up. It's ripping and we've been Stephen. People call

441
00:22:18,359 --> 00:22:21,920
Speaker 17: me a panic can on the chats. I'm just showing

442
00:22:22,040 --> 00:22:24,320
Speaker 17: what I know, what I've done for thirty five years.

443
00:22:24,440 --> 00:22:26,879
Speaker 17: It's going to be worse. It's going to continue to

444
00:22:26,920 --> 00:22:32,639
Speaker 17: be worse. Gasolines up twenty five Gasoline inflation is the

445
00:22:32,680 --> 00:22:37,200
Speaker 17: highest it's ever ever been recorded, just gasoline throwing diesel fuel,

446
00:22:37,240 --> 00:22:41,200
Speaker 17: which is even higher than gasoline. Prices are going up,

447
00:22:41,240 --> 00:22:45,000
Speaker 17: as we all know, First the energy goes up. Then

448
00:22:45,080 --> 00:22:49,159
Speaker 17: everything that you input into a manufacturing process or refinery,

449
00:22:49,200 --> 00:22:54,199
Speaker 17: a food processing, a transportation, a trucking company, a rail company,

450
00:22:54,200 --> 00:22:55,960
Speaker 17: a jet fuel company.

451
00:22:56,840 --> 00:22:58,359
Speaker 10: Those will continue to rise.

452
00:22:58,400 --> 00:23:01,080
Speaker 17: The prices of those things have to rise because the

453
00:23:01,359 --> 00:23:04,560
Speaker 17: feedstock the input is oil and the backside of or

454
00:23:04,640 --> 00:23:07,560
Speaker 17: gasoline on the back side of that, it's inflationary. And

455
00:23:07,960 --> 00:23:11,000
Speaker 17: people aren't you know, businesses aren't philanthropic. They're just going

456
00:23:11,040 --> 00:23:13,840
Speaker 17: to pass that along to the consumer. So my problem is,

457
00:23:13,880 --> 00:23:16,639
Speaker 17: I see CNN, I see c NBC, I see Fox News,

458
00:23:17,119 --> 00:23:20,840
Speaker 17: totally shocked that this thing, the energy price, is ripping

459
00:23:20,920 --> 00:23:23,560
Speaker 17: our faces off. But if you've been watching the war Room,

460
00:23:23,640 --> 00:23:25,200
Speaker 17: you knew about it. You knew it was coming, even

461
00:23:25,200 --> 00:23:25,720
Speaker 17: though You.

462
00:23:25,680 --> 00:23:29,800
Speaker 16: May not like mood to telling you, but it's two things,

463
00:23:29,840 --> 00:23:33,040
Speaker 16: two things, and you're the the people that throw at

464
00:23:33,040 --> 00:23:34,600
Speaker 16: that panic in they're just not realists.

465
00:23:34,600 --> 00:23:35,800
Speaker 15: They got pomp poms up.

466
00:23:35,840 --> 00:23:37,800
Speaker 16: And what the president doesn't need right now is people

467
00:23:37,800 --> 00:23:40,240
Speaker 16: with pom poms trust me. You need to be able

468
00:23:40,320 --> 00:23:42,520
Speaker 16: to say, hey, look, this is some real data, this

469
00:23:42,600 --> 00:23:44,960
Speaker 16: is some real alternatives. What's the course of action here,

470
00:23:45,000 --> 00:23:48,879
Speaker 16: because we're the ultimate gold is the implementation of the

471
00:23:48,880 --> 00:23:52,520
Speaker 16: Trump program right in the MAGA program. I want to

472
00:23:52,560 --> 00:23:56,520
Speaker 16: go back, isn't the concern here around the concern is

473
00:23:56,520 --> 00:23:59,840
Speaker 16: that in this month we still with the It's still

474
00:24:00,960 --> 00:24:04,920
Speaker 16: most of the of what we consumed was on the

475
00:24:04,960 --> 00:24:08,920
Speaker 16: water or in the refineries at the time. So what's

476
00:24:08,960 --> 00:24:12,359
Speaker 16: happened over the last thirty days and now this you

477
00:24:12,359 --> 00:24:14,120
Speaker 16: know it's up to one hundred and five or it's

478
00:24:14,160 --> 00:24:17,200
Speaker 16: back to ninety, but it's still double. You know, when

479
00:24:17,240 --> 00:24:20,720
Speaker 16: BB went to the White House, you know, between Christmas

480
00:24:20,760 --> 00:24:24,359
Speaker 16: and New Year's it was around what fifty bucks or

481
00:24:24,440 --> 00:24:26,960
Speaker 16: maybe it had a four handle in front of it.

482
00:24:26,960 --> 00:24:30,040
Speaker 15: It's that increase its coming down. So that is that

483
00:24:30,119 --> 00:24:31,800
Speaker 15: a concern? Go ahead?

484
00:24:32,000 --> 00:24:37,040
Speaker 17: Yeah, and late a late March, late March, we talked

485
00:24:37,040 --> 00:24:39,640
Speaker 17: about this. There's some of the refiners that I talked

486
00:24:39,640 --> 00:24:41,960
Speaker 17: to said that the last of the cheap oil was

487
00:24:42,040 --> 00:24:45,280
Speaker 17: hitting our shores right now, or globally hitting hitting shores

488
00:24:45,280 --> 00:24:50,200
Speaker 17: from transportation, which means after late even late March, when

489
00:24:49,920 --> 00:24:52,359
Speaker 17: you're going to start to see prices ramp up. So,

490
00:24:52,720 --> 00:24:54,679
Speaker 17: like I said, even if we get oil down to

491
00:24:54,840 --> 00:24:58,520
Speaker 17: seventy dollars a barrel again, gasoling diesel, jet fuel prices

492
00:24:58,680 --> 00:25:02,000
Speaker 17: have to continue to rise because they've bought, they've purchased

493
00:25:02,320 --> 00:25:04,879
Speaker 17: very expensive crude oil to input into the refinery.

494
00:25:05,080 --> 00:25:06,520
Speaker 10: They're not going to take the loss on it.

495
00:25:06,560 --> 00:25:08,240
Speaker 17: They're just going to pass it on to the retail

496
00:25:08,920 --> 00:25:10,720
Speaker 17: establishment of businesses.

497
00:25:10,400 --> 00:25:12,800
Speaker 10: And that ends up coming out of our pocket.

498
00:25:13,560 --> 00:25:16,440
Speaker 17: Listen, this is technical, but one thing was very concerning

499
00:25:16,480 --> 00:25:19,000
Speaker 17: about that number that I have heard anyone talk about.

500
00:25:19,280 --> 00:25:25,119
Speaker 17: Consumer sentiment dropped dramatically, which means people are fearful of

501
00:25:25,160 --> 00:25:28,119
Speaker 17: their their walls, their their their budgets.

502
00:25:27,800 --> 00:25:30,840
Speaker 10: Because of what they see on the on the pump, Stephen.

503
00:25:31,240 --> 00:25:34,720
Speaker 17: Everything is tied to gasoline and tied to energy, whether

504
00:25:34,760 --> 00:25:38,560
Speaker 17: you feel it or not. Toilet paper, wallpaper, paint, everything

505
00:25:38,600 --> 00:25:40,280
Speaker 17: has a petroleum input to it.

506
00:25:40,720 --> 00:25:42,320
Speaker 10: Or transportation, which is tied.

507
00:25:42,160 --> 00:25:43,880
Speaker 15: Into fertilizing people are nervous.

508
00:25:44,000 --> 00:25:47,000
Speaker 17: There's now all of a sudden, So then we'll see

509
00:25:46,520 --> 00:25:48,800
Speaker 17: if the consumers.

510
00:25:48,160 --> 00:25:50,560
Speaker 15: By the way, also wages also. Yeah.

511
00:25:50,600 --> 00:25:54,200
Speaker 16: Also the President Trump's the wage increases he's gotten for people,

512
00:25:54,320 --> 00:25:55,960
Speaker 16: that's starting to be eaten in inflation.

513
00:25:56,040 --> 00:25:58,560
Speaker 15: I think the real wages are starting to drop anyway,

514
00:25:59,040 --> 00:25:59,720
Speaker 15: President Trump.

515
00:25:59,760 --> 00:26:03,760
Speaker 16: The economic plan of President Trump, investment, everybody navarrow, is

516
00:26:03,840 --> 00:26:07,760
Speaker 16: all predicated just like in the first term, is all

517
00:26:07,800 --> 00:26:14,280
Speaker 16: predicated upon a full spectrum energy dominance, right, full spectrum

518
00:26:14,359 --> 00:26:18,280
Speaker 16: energy dominance. And President Trump's done, when he's done on

519
00:26:18,320 --> 00:26:21,879
Speaker 16: this war. To conclude it, I'm gonna ask Eric when

520
00:26:21,920 --> 00:26:23,600
Speaker 16: we get back. I'm asking now. We'll give us the

521
00:26:23,600 --> 00:26:26,680
Speaker 16: answer when we get back. He's made these efforts, We've

522
00:26:26,680 --> 00:26:30,520
Speaker 16: got to cease fire. Why are the world's all markets

523
00:26:30,520 --> 00:26:33,080
Speaker 16: not responding as we had hoped.

524
00:26:33,760 --> 00:26:36,240
Speaker 15: We want to get this back to fifty dollars.

525
00:26:35,880 --> 00:26:40,840
Speaker 16: A barrel or lower as President Trump has a targeted.

526
00:26:41,080 --> 00:26:42,760
Speaker 15: We're going to take a short commercial.

527
00:26:42,359 --> 00:26:47,639
Speaker 16: Break economics, capital markets, the war, but we're then going

528
00:26:47,680 --> 00:26:49,879
Speaker 16: to pivot to the war inside the wire here in

529
00:26:49,920 --> 00:26:54,680
Speaker 16: the United States, are we winning, losing or sitting it

530
00:26:54,720 --> 00:26:56,760
Speaker 16: out all next in the war room.

531
00:27:00,240 --> 00:27:03,440
Speaker 10: War room, use your host, Stephen k Back.

532
00:27:07,880 --> 00:27:10,520
Speaker 15: I think every I think people and Eric help me

533
00:27:10,560 --> 00:27:10,880
Speaker 15: out here.

534
00:27:10,920 --> 00:27:15,280
Speaker 16: I think people, because folks want this to end and

535
00:27:15,320 --> 00:27:18,399
Speaker 16: to have some sort of, if not conclusion enough that

536
00:27:18,440 --> 00:27:22,520
Speaker 16: we can move forward. And so this is a fragile truce.

537
00:27:22,720 --> 00:27:24,480
Speaker 16: I think it's the term that people have been using.

538
00:27:24,880 --> 00:27:28,240
Speaker 16: And President Trump has this, you know, cease fire, that

539
00:27:28,359 --> 00:27:31,879
Speaker 16: is you know, and you still have elements of the

540
00:27:32,560 --> 00:27:36,919
Speaker 16: UH the Iranians because they're very dispersed, They're they're.

541
00:27:37,000 --> 00:27:40,639
Speaker 15: Not centralized anymore. That's their strategy.

542
00:27:40,680 --> 00:27:43,280
Speaker 16: You've also got This is why I keep harping on,

543
00:27:43,640 --> 00:27:45,040
Speaker 16: You've got to be in a room with somebody, not

544
00:27:45,160 --> 00:27:46,960
Speaker 16: just consign a deal and going to the in front

545
00:27:47,000 --> 00:27:48,639
Speaker 16: of the media and talk about a deal, but they

546
00:27:48,680 --> 00:27:52,199
Speaker 16: can actually be able to enforce a deal. I'm not

547
00:27:52,320 --> 00:27:57,720
Speaker 16: so sure the guys around those tribesmen around the straight

548
00:27:58,000 --> 00:28:02,160
Speaker 16: or horror moves are actually part of anybody's program. That'll

549
00:28:02,160 --> 00:28:06,920
Speaker 16: all be found out right. There is a reason that

550
00:28:06,960 --> 00:28:14,080
Speaker 16: the United States Navy is not enforcing an open waterway

551
00:28:14,240 --> 00:28:18,000
Speaker 16: international waterway in her moves, but allowing these guys to

552
00:28:18,040 --> 00:28:22,320
Speaker 16: still charge. And you can tell from the Bloomberg piece

553
00:28:22,640 --> 00:28:26,160
Speaker 16: not just our sanctions, but also the fact that that

554
00:28:26,320 --> 00:28:32,119
Speaker 16: element of the Iranian Revolutionary Guard are trying to charge

555
00:28:32,160 --> 00:28:38,800
Speaker 16: it in in yuan, in Chinese currency, or if they

556
00:28:38,800 --> 00:28:41,360
Speaker 16: can't do that, crypto, and if they're doing crypto, you

557
00:28:41,440 --> 00:28:43,760
Speaker 16: realize they're going to skim it right to themselves, even

558
00:28:43,800 --> 00:28:44,720
Speaker 16: screw the Chinese.

559
00:28:45,000 --> 00:28:45,440
Speaker 15: How's that?

560
00:28:47,840 --> 00:28:47,920
Speaker 4: So?

561
00:28:48,000 --> 00:28:51,320
Speaker 16: President Trump's doing what he can do, and right now

562
00:28:51,320 --> 00:28:56,880
Speaker 16: this is fragile. I think Eric, the global commodity and

563
00:28:56,920 --> 00:29:00,320
Speaker 16: capital markets are kind of an agreement of that. This

564
00:29:00,400 --> 00:29:05,400
Speaker 16: is a big kind of catch your breath and kind

565
00:29:05,400 --> 00:29:08,120
Speaker 16: of wait and see what President Trump can actually hammer

566
00:29:08,160 --> 00:29:08,520
Speaker 16: out here.

567
00:29:08,760 --> 00:29:12,320
Speaker 17: Sir, Yeah, yeah, I think you're you're hit on the head.

568
00:29:12,520 --> 00:29:16,000
Speaker 17: The markets are ominously quiet right now. And I'll tell you, Steve,

569
00:29:16,400 --> 00:29:19,200
Speaker 17: there's still city ninety eight dollars a barrel as we speak.

570
00:29:19,560 --> 00:29:21,400
Speaker 10: Just think about that for one second.

571
00:29:21,480 --> 00:29:25,000
Speaker 17: We started this conflict, let's say fifty five sixty dollars

572
00:29:25,000 --> 00:29:28,640
Speaker 17: a barrel, So oil is up eighty percent. Gasoline, although

573
00:29:28,680 --> 00:29:30,960
Speaker 17: it feels like it's you know, killing us right now,

574
00:29:31,000 --> 00:29:34,000
Speaker 17: is only up twenty five percent. Dee's love thirty, which

575
00:29:34,040 --> 00:29:37,240
Speaker 17: means all this crude oil that's up eighty percent. For

576
00:29:37,360 --> 00:29:40,880
Speaker 17: most of the parts of this war, it's been elevated

577
00:29:40,960 --> 00:29:43,120
Speaker 17: like this will work its way into the gasoline price

578
00:29:43,160 --> 00:29:45,200
Speaker 17: and diesel price, So we're going to a lot higher now.

579
00:29:45,960 --> 00:29:47,000
Speaker 10: I will also tell you this.

580
00:29:47,400 --> 00:29:49,960
Speaker 17: You and I both know Donald Trump can get oil

581
00:29:50,160 --> 00:29:52,720
Speaker 17: back to fifty dollars a barrel or lower. I was there,

582
00:29:52,920 --> 00:29:54,920
Speaker 17: you were in the White House. I was watching it

583
00:29:56,320 --> 00:30:01,200
Speaker 17: on Fox in trading. He got oil negative. It didn't

584
00:30:01,240 --> 00:30:04,240
Speaker 17: go to twenty or ten. It went negative. There was

585
00:30:04,280 --> 00:30:06,720
Speaker 17: so much we were so wash and oil that people

586
00:30:06,760 --> 00:30:08,840
Speaker 17: were paying to store their oil.

587
00:30:09,440 --> 00:30:10,360
Speaker 10: He can do it again.

588
00:30:10,400 --> 00:30:12,400
Speaker 17: I'm not saying zero, but he can certainly get the

589
00:30:12,520 --> 00:30:16,440
Speaker 17: fifty dollars handle if and when he finishes whatever.

590
00:30:16,840 --> 00:30:19,440
Speaker 10: You know, the plan is for this straight up Hord movement.

591
00:30:19,480 --> 00:30:19,920
Speaker 10: At least.

592
00:30:20,080 --> 00:30:22,560
Speaker 17: This is why I've been saying, let's just rip the

593
00:30:22,600 --> 00:30:25,040
Speaker 17: band aid off one way or the other and get

594
00:30:25,080 --> 00:30:29,000
Speaker 17: back to all liberty above energy strategy. Get oil prices down,

595
00:30:29,000 --> 00:30:31,840
Speaker 17: get inflation down, and let the economy rip and let

596
00:30:31,840 --> 00:30:34,320
Speaker 17: people really put some money back into their pocket because

597
00:30:34,320 --> 00:30:36,960
Speaker 17: they vote with their pockets, with their wallets, and with

598
00:30:37,000 --> 00:30:40,840
Speaker 17: their budgets, No doubt about it. I would I'm talking

599
00:30:40,840 --> 00:30:43,680
Speaker 17: to the best political strategist on the planet right now,

600
00:30:43,720 --> 00:30:44,120
Speaker 17: Stephen K.

601
00:30:44,280 --> 00:30:47,080
Speaker 10: Bannon. Am I wrong in any of those assessments?

602
00:30:50,760 --> 00:30:53,200
Speaker 16: Well, I think it's first things first, right, I think,

603
00:30:53,480 --> 00:30:56,440
Speaker 16: and people have to have realistic That's why I think

604
00:30:56,480 --> 00:30:59,200
Speaker 16: tel Aviv Levin, although I do agree with some of

605
00:30:59,240 --> 00:31:02,560
Speaker 16: his points, it's unrealistic right now. The surrender document of

606
00:31:02,600 --> 00:31:06,520
Speaker 16: the surrender, the instrument of surrender was the fifteen points

607
00:31:06,520 --> 00:31:09,160
Speaker 16: we put because it was a maximum strategy. Hey, it's

608
00:31:09,200 --> 00:31:11,760
Speaker 16: Donald Trump. Do you know you know he's going to

609
00:31:11,880 --> 00:31:15,160
Speaker 16: negotiate and go put a maximums strategy. This even having

610
00:31:15,200 --> 00:31:17,920
Speaker 16: the meeting Islamabad shows you that it's going to be

611
00:31:18,000 --> 00:31:20,280
Speaker 16: something less than a full unnginditial curt that's just not

612
00:31:20,320 --> 00:31:22,000
Speaker 16: going to happen. And you have to kind of figure

613
00:31:22,000 --> 00:31:23,880
Speaker 16: this out as you go, President Trump, you can tell

614
00:31:23,960 --> 00:31:27,080
Speaker 16: us doing that. I keep saying that the central party

615
00:31:27,120 --> 00:31:31,640
Speaker 16: in this is the sponsor of the Revolutionary Guard right

616
00:31:31,680 --> 00:31:36,040
Speaker 16: now is both in weapons and access to weapons and

617
00:31:36,080 --> 00:31:42,000
Speaker 16: access to cash money is the Chinese Commist Party. Now,

618
00:31:42,520 --> 00:31:44,360
Speaker 16: That's why I think this meeting in May is going

619
00:31:44,400 --> 00:31:46,280
Speaker 16: to be so big. It's gonna be principal to principle

620
00:31:46,280 --> 00:31:48,920
Speaker 16: it's going to be President Trump in the room with she,

621
00:31:49,200 --> 00:31:52,400
Speaker 16: and I think that's going to actually form, because I

622
00:31:52,440 --> 00:31:56,000
Speaker 16: don't believe where we sit now you're actually going to

623
00:31:56,040 --> 00:31:59,040
Speaker 16: get to full documentation. Even if you get some sort

624
00:31:59,040 --> 00:32:03,080
Speaker 16: of term sheet coming at an Islamabad, some terms she

625
00:32:03,200 --> 00:32:06,080
Speaker 16: come out Islamabad. I think it's unlikely that will ever

626
00:32:06,160 --> 00:32:10,320
Speaker 16: get some written formal instrument of agreement between the two parties,

627
00:32:10,320 --> 00:32:13,640
Speaker 16: because I think the two parties are just so far apart.

628
00:32:14,040 --> 00:32:16,320
Speaker 15: I do believe though, that this.

629
00:32:16,480 --> 00:32:19,560
Speaker 16: Issue of her moves and how's it going to be,

630
00:32:19,680 --> 00:32:21,600
Speaker 16: you know, how you're going to actually open it up

631
00:32:21,640 --> 00:32:24,000
Speaker 16: and have the free navigation, have the free flow of oil.

632
00:32:24,160 --> 00:32:27,320
Speaker 16: Eric is going to become more and more central every

633
00:32:27,360 --> 00:32:30,720
Speaker 16: day we go forward, particularly if the Uranians keep playing

634
00:32:30,720 --> 00:32:32,720
Speaker 16: their games, which is I mean, you tell me the

635
00:32:33,280 --> 00:32:36,520
Speaker 16: number of ships coming through here is still a small

636
00:32:36,560 --> 00:32:39,840
Speaker 16: percentage of what it was at its height, and particularly

637
00:32:40,280 --> 00:32:42,840
Speaker 16: need what it needs to be if or to have

638
00:32:42,920 --> 00:32:45,480
Speaker 16: a full booming world economy, of which the United States

639
00:32:45,560 --> 00:32:46,320
Speaker 16: is the engine of it.

640
00:32:46,800 --> 00:32:48,800
Speaker 15: And I think the radio meeting the other.

641
00:32:48,680 --> 00:32:52,200
Speaker 16: Day was pretty pretty obvious that he didn't you know

642
00:32:52,960 --> 00:32:55,560
Speaker 16: what Secretary General Roots or Route did not come to

643
00:32:55,600 --> 00:32:57,200
Speaker 16: the sticks right after it said I had a great

644
00:32:57,240 --> 00:33:00,640
Speaker 16: meeting with President Trump. Were fully committed to put the

645
00:33:00,720 --> 00:33:04,760
Speaker 16: role Navy, the French Navy, the Italian Navy, the German,

646
00:33:04,840 --> 00:33:09,600
Speaker 16: all the navies of Europe down here on picket duty

647
00:33:10,240 --> 00:33:12,600
Speaker 16: and escort duty with the United States Navy to take

648
00:33:12,640 --> 00:33:13,400
Speaker 16: our burden of it.

649
00:33:13,440 --> 00:33:14,120
Speaker 15: I didn't hear that.

650
00:33:14,200 --> 00:33:15,560
Speaker 16: One of the reason you didn't hear it is that

651
00:33:15,600 --> 00:33:20,000
Speaker 16: they ain't got it right because their people are taking

652
00:33:20,040 --> 00:33:22,280
Speaker 16: the month of August off, they're retiring when they're fifty

653
00:33:22,320 --> 00:33:22,680
Speaker 16: years old.

654
00:33:22,720 --> 00:33:24,160
Speaker 15: They got full medical benefits.

655
00:33:24,600 --> 00:33:28,360
Speaker 16: Everything US workers don't have they got and why they

656
00:33:28,400 --> 00:33:30,440
Speaker 16: have it because they're not paying for their defense. The

657
00:33:30,560 --> 00:33:32,680
Speaker 16: United States is paying for it and manning it with

658
00:33:32,720 --> 00:33:37,840
Speaker 16: their kids. So we're facing some quite stark realities. But

659
00:33:37,960 --> 00:33:40,120
Speaker 16: you saw in the numbers today. To get those numbers

660
00:33:40,200 --> 00:33:43,560
Speaker 16: back in line and to make sure we're back to

661
00:33:43,680 --> 00:33:48,160
Speaker 16: driving the Trump economic agenda, because everything President Trump worked

662
00:33:48,160 --> 00:33:51,560
Speaker 16: for with the tariffs, with the big beautiful bill, everything

663
00:33:51,640 --> 00:33:55,360
Speaker 16: was about driving us back to being a manufacturing hegemon.

664
00:33:55,880 --> 00:33:59,160
Speaker 16: And then you're clearly going to hit some speed bumps, Eric,

665
00:33:59,160 --> 00:34:02,760
Speaker 16: as you've defined for this audience. If the predicate for

666
00:34:02,840 --> 00:34:06,840
Speaker 16: that is full spectrum energy dominance in oil with a

667
00:34:06,920 --> 00:34:09,120
Speaker 16: four handle in front of it or a five handle

668
00:34:09,160 --> 00:34:11,719
Speaker 16: in front of it.

669
00:34:10,680 --> 00:34:11,399
Speaker 15: It doesn't work.

670
00:34:11,520 --> 00:34:14,400
Speaker 16: Or let's say this, it works differently when you're at

671
00:34:14,480 --> 00:34:16,640
Speaker 16: ninety dollars a barrow or one hundred dollars a borrow.

672
00:34:16,840 --> 00:34:19,920
Speaker 10: Sir, so much to unpack here.

673
00:34:20,200 --> 00:34:24,720
Speaker 17: The strait is technically partially open, but again it's maybe

674
00:34:24,719 --> 00:34:27,640
Speaker 17: fifteen vessels per day versus the one hundred and fifty

675
00:34:27,880 --> 00:34:32,480
Speaker 17: vessels per day total. They're also being both directions, so

676
00:34:32,520 --> 00:34:35,239
Speaker 17: it's not just oil coming out, there's vessels going back in.

677
00:34:35,800 --> 00:34:37,719
Speaker 17: And this is the most important part of it, Steve.

678
00:34:37,760 --> 00:34:40,759
Speaker 17: The ones that are being navigated through the strait right

679
00:34:40,800 --> 00:34:44,920
Speaker 17: now are being directed by the Iranian people.

680
00:34:45,040 --> 00:34:47,720
Speaker 10: I ERGC are telling you because they know where their

681
00:34:48,080 --> 00:34:49,080
Speaker 10: minds may.

682
00:34:49,000 --> 00:34:51,640
Speaker 17: Be, or they're playing a game of like, we have

683
00:34:51,719 --> 00:34:53,719
Speaker 17: to tell you how to navigate the strait otherwise you

684
00:34:53,760 --> 00:34:56,200
Speaker 17: run the risk of blowing up. All of this is

685
00:34:56,560 --> 00:34:58,560
Speaker 17: an upward pressure on oil.

686
00:34:58,680 --> 00:34:59,040
Speaker 10: Trump.

687
00:34:59,320 --> 00:35:00,839
Speaker 3: Here's two other things.

688
00:35:00,920 --> 00:35:03,680
Speaker 17: Right so right now, if you want to extend this

689
00:35:03,760 --> 00:35:06,040
Speaker 17: for a while, you want to, China does get hurt.

690
00:35:06,080 --> 00:35:08,880
Speaker 17: But we should not forget that China has a reserve

691
00:35:09,400 --> 00:35:12,960
Speaker 17: oil capacity of one point two billion barrels. They don't

692
00:35:13,200 --> 00:35:15,400
Speaker 17: that's about one hundred and I think it's one hundred

693
00:35:15,400 --> 00:35:18,040
Speaker 17: and twenty days, so four months of reserve. They can

694
00:35:18,160 --> 00:35:22,000
Speaker 17: they can last on reserves until things get cleaned up.

695
00:35:22,000 --> 00:35:23,800
Speaker 10: So hurting, yes, you take.

696
00:35:23,680 --> 00:35:25,680
Speaker 16: A long deal of yo yo, hold it, hang on,

697
00:35:26,200 --> 00:35:29,319
Speaker 16: hang on, hang on full stop. I want to let's

698
00:35:29,320 --> 00:35:32,640
Speaker 16: go and talk about that. That's all sanctioned oil. Correct

699
00:35:32,640 --> 00:35:35,720
Speaker 16: me if I'm wrong. I don't know we sanctioned these people.

700
00:35:36,120 --> 00:35:37,799
Speaker 16: How did that get out? And how they have a

701
00:35:37,840 --> 00:35:40,080
Speaker 16: one point two bill in reserve? At least it's that's

702
00:35:40,080 --> 00:35:43,600
Speaker 16: what the intelligence services are telling us in the oil markets.

703
00:35:43,880 --> 00:35:47,600
Speaker 16: But that was all sanctioned. That shouldn't be there. This

704
00:35:47,640 --> 00:35:49,839
Speaker 16: is why we've kind of, I guess, looked the other way.

705
00:35:49,880 --> 00:35:51,640
Speaker 16: I mean, you tell me you're the old guy. But

706
00:35:52,080 --> 00:35:53,960
Speaker 16: how did they have this reserve, which I think is

707
00:35:54,280 --> 00:35:57,000
Speaker 16: roughly one hundred days of what they need?

708
00:35:57,360 --> 00:35:58,680
Speaker 15: And how they still getting it?

709
00:35:58,800 --> 00:36:02,000
Speaker 16: So how those fifteen chips, how many are going to

710
00:36:02,080 --> 00:36:05,800
Speaker 16: the CCP? And and this is how the cc twenty

711
00:36:05,800 --> 00:36:11,440
Speaker 16: percent of the tire Chinese Commanist Party's energy needs in totality.

712
00:36:12,040 --> 00:36:15,000
Speaker 16: I think it's from Iranian oil. That's why they're the

713
00:36:15,040 --> 00:36:18,560
Speaker 16: sponsors of Iran. They're the biggest financial sponsors of Iran.

714
00:36:19,200 --> 00:36:21,200
Speaker 16: And you got this bank, you got these banks and

715
00:36:21,239 --> 00:36:26,040
Speaker 16: financial institutions in Dubai, the Pirate cove. Last time I looked,

716
00:36:26,120 --> 00:36:29,960
Speaker 16: I think NBZ ran UAE and I think he oversees Dubai.

717
00:36:30,360 --> 00:36:33,319
Speaker 16: I don't understand why they're able to use, you know,

718
00:36:33,520 --> 00:36:37,200
Speaker 16: Dubai banks, UAE banks to money launder and get cash

719
00:36:37,520 --> 00:36:41,479
Speaker 16: from sanctioned countries. President Trump said yesterday two days ago,

720
00:36:41,960 --> 00:36:45,200
Speaker 16: a fifty percent increase in terroifts for anybody that's breaking

721
00:36:45,239 --> 00:36:47,400
Speaker 16: sanctions with the Iranians.

722
00:36:48,080 --> 00:36:49,480
Speaker 15: Uh, and I.

723
00:36:49,239 --> 00:36:52,800
Speaker 16: Assume that's the Chinese Commanist Party put a fifty percent terrify.

724
00:36:53,000 --> 00:36:55,880
Speaker 16: This is also let me make for full disclosure in

725
00:36:55,920 --> 00:36:59,640
Speaker 16: the Bloomberg piece and with Philip Patrick yesterday, this is

726
00:36:59,719 --> 00:37:01,839
Speaker 16: what there are reasons a lot of people saying, hey,

727
00:37:02,480 --> 00:37:03,600
Speaker 16: I don't know if we want to be on the

728
00:37:03,640 --> 00:37:08,040
Speaker 16: US dollar anymore, not just as has been losing pursing

729
00:37:08,080 --> 00:37:11,719
Speaker 16: power because of Biden's madness, but the fact that the Americans,

730
00:37:11,719 --> 00:37:14,800
Speaker 16: with the Swiss system and the ability to go freeze assets,

731
00:37:15,440 --> 00:37:17,400
Speaker 16: of which we did, are back to the Europeans in

732
00:37:17,440 --> 00:37:19,640
Speaker 16: the Ukraine War, and now they're doubling down. I mean,

733
00:37:20,000 --> 00:37:23,280
Speaker 16: Scott Besson almost destroyed their currency in January. That's why

734
00:37:24,080 --> 00:37:26,719
Speaker 16: hundreds of thousands or millions, a million of them took

735
00:37:26,719 --> 00:37:29,360
Speaker 16: to the street and thirty thousand got killed by the

736
00:37:29,400 --> 00:37:32,839
Speaker 16: regime in the central banks of the world, led by

737
00:37:32,840 --> 00:37:36,200
Speaker 16: the Chinese Communist Party in places like India are saying, hey,

738
00:37:36,400 --> 00:37:38,480
Speaker 16: maybe the Americans have too much power. So it's not

739
00:37:39,080 --> 00:37:42,640
Speaker 16: this is not a perfect world. But Eric, right now,

740
00:37:42,680 --> 00:37:44,560
Speaker 16: when you go back and talk about China and their.

741
00:37:44,520 --> 00:37:48,000
Speaker 15: Energy needs, we've somehow looked the other way.

742
00:37:48,040 --> 00:37:49,920
Speaker 16: And let that say that all of that oil, one

743
00:37:50,000 --> 00:37:52,040
Speaker 16: hundred percent of it sanctioned oil, is it not, sir?

744
00:37:53,080 --> 00:37:57,040
Speaker 10: Well, no, not really, Steve, because is it? I don't know?

745
00:37:57,920 --> 00:37:59,680
Speaker 10: Was here? Look at it this way.

746
00:37:59,680 --> 00:38:02,960
Speaker 17: We have seven hundred and fifty million barrel spr reserve

747
00:38:03,040 --> 00:38:06,760
Speaker 17: when it's full. Biden tapped it. Trump has tapped it twice.

748
00:38:06,800 --> 00:38:09,840
Speaker 17: Now we're down about a quarter of that. We have

749
00:38:09,920 --> 00:38:13,320
Speaker 17: about two hundred million barrel reserve, which is ten days

750
00:38:13,520 --> 00:38:16,960
Speaker 17: worth of our oil. China is one point two billion,

751
00:38:17,000 --> 00:38:19,479
Speaker 17: but that's been accumulated over time and they don't tap

752
00:38:19,520 --> 00:38:21,960
Speaker 17: into it. They just hold it for an emergency, and

753
00:38:22,040 --> 00:38:25,640
Speaker 17: I don't even think they've started using that emergency supply

754
00:38:25,760 --> 00:38:28,480
Speaker 17: right now, even so my point was they have some

755
00:38:28,600 --> 00:38:32,760
Speaker 17: cushion there. Also, I'm hearing a lot. China and India

756
00:38:32,840 --> 00:38:36,600
Speaker 17: are the only two countries are getting the Iranian oil

757
00:38:36,719 --> 00:38:39,000
Speaker 17: right now, but those are escorted hips.

758
00:38:38,680 --> 00:38:40,600
Speaker 10: In and out and then sent down their way to

759
00:38:40,600 --> 00:38:41,360
Speaker 10: India and China.

760
00:38:41,440 --> 00:38:44,480
Speaker 17: So it doesn't really help the global market helps China

761
00:38:44,520 --> 00:38:49,600
Speaker 17: and India out. I don't this central bank thing is

762
00:38:49,640 --> 00:38:54,080
Speaker 17: important because we yes, dollar has lost value for a

763
00:38:54,080 --> 00:38:58,200
Speaker 17: better part of four decades. Consistently, it goes, it gets

764
00:38:58,200 --> 00:39:01,320
Speaker 17: a little bit of strength in geopolitical but it's starting

765
00:39:01,360 --> 00:39:03,719
Speaker 17: to lose value again as things calm down, which is

766
00:39:03,800 --> 00:39:07,560
Speaker 17: higher prices on everything dollar down, you got more dollars

767
00:39:07,600 --> 00:39:10,720
Speaker 17: to purchase the same amount of goods. So central banks

768
00:39:10,719 --> 00:39:15,200
Speaker 17: around the world have reserve gold instead of dollars. And

769
00:39:15,200 --> 00:39:17,239
Speaker 17: why do you think gold is forty eight hundred dollars

770
00:39:17,280 --> 00:39:19,520
Speaker 17: an ounce now instead of two thousand, which it was

771
00:39:19,560 --> 00:39:21,799
Speaker 17: a year and a half ago. Because central banks are

772
00:39:21,840 --> 00:39:24,640
Speaker 17: realizing that the dollar is not the place to store

773
00:39:24,680 --> 00:39:28,120
Speaker 17: your value anymore. You start in physical commodities like gold,

774
00:39:28,280 --> 00:39:29,920
Speaker 17: all these things, and I let just tell you one

775
00:39:29,920 --> 00:39:32,839
Speaker 17: more thing. I hate to say this, but you said

776
00:39:32,840 --> 00:39:38,680
Speaker 17: something about Biden's horrible inflation was the reason for the dollar.

777
00:39:39,160 --> 00:39:42,399
Speaker 10: Well, we're knocking. We're knocking on that door. Ste We're

778
00:39:42,440 --> 00:39:43,480
Speaker 10: headed in a direction.

779
00:39:43,880 --> 00:39:47,040
Speaker 17: I don't say nine percent, but we certainly could see

780
00:39:47,040 --> 00:39:50,759
Speaker 17: a five percent, which is historically horrendous for the economy.

781
00:39:50,800 --> 00:39:53,160
Speaker 10: So get it done one way or the other.

782
00:39:53,719 --> 00:39:57,720
Speaker 17: Either open it, let them play their little stupid reindeer games,

783
00:39:58,239 --> 00:40:01,520
Speaker 17: or bomb the crap out of them and regime change,

784
00:40:02,080 --> 00:40:04,680
Speaker 17: civilization change if you want, but do one of the

785
00:40:04,719 --> 00:40:07,320
Speaker 17: other so you can get back to Sorry it sounds harsh,

786
00:40:07,520 --> 00:40:09,399
Speaker 17: get back to a fifty dollars barrel of oil. One

787
00:40:09,400 --> 00:40:11,399
Speaker 17: more little cabat to a fifty dollars barrel of oil.

788
00:40:11,680 --> 00:40:14,440
Speaker 17: You're approaching how much it costs for these middle countries

789
00:40:14,719 --> 00:40:16,799
Speaker 17: to pull oil out of the ground, the cost of loan.

790
00:40:17,000 --> 00:40:19,479
Speaker 17: You get it under fifty. They don't make any money

791
00:40:19,520 --> 00:40:25,160
Speaker 17: at all. Another positive to lower oil prices. Well, Eric,

792
00:40:25,440 --> 00:40:27,400
Speaker 17: what's your social media? We get a bounce. I know

793
00:40:27,480 --> 00:40:31,120
Speaker 17: you gotta get ready for today. We'll do a transition

794
00:40:31,160 --> 00:40:32,080
Speaker 17: of the four o'clock show.

795
00:40:32,880 --> 00:40:34,960
Speaker 15: Where do they where? Do people go to get you.

796
00:40:35,480 --> 00:40:35,920
Speaker 10: I'll tell you.

797
00:40:35,960 --> 00:40:39,120
Speaker 17: I just keep watching Worm and Bowling at Rabbit four

798
00:40:39,200 --> 00:40:41,880
Speaker 17: because that's where you learn stuff instead of watching Puppy

799
00:40:41,880 --> 00:40:44,280
Speaker 17: Dogs and History on Fox.

800
00:40:44,680 --> 00:40:49,560
Speaker 15: Learn something, Thank you brother, see it for.

801
00:40:51,080 --> 00:40:51,239
Speaker 3: Sure.

802
00:40:51,280 --> 00:40:55,000
Speaker 15: Commercial break back in one of the moment God, we.

803
00:41:00,160 --> 00:41:03,359
Speaker 10: War use your host, Stephen k Back.

804
00:41:06,560 --> 00:41:11,640
Speaker 16: Okay, We're we're gonna have Patty Lyman, Republican National committeewoman

805
00:41:11,640 --> 00:41:14,160
Speaker 16: from the Comewealth of Virginia. We had a technical issue.

806
00:41:14,200 --> 00:41:16,319
Speaker 16: Just had Patty just drop. We're gonna get it back up.

807
00:41:17,080 --> 00:41:19,200
Speaker 16: We're gonna do Virginia. We're gonna do Texas. We got

808
00:41:19,239 --> 00:41:24,640
Speaker 16: some important things to talk about artificial intelligence. I want

809
00:41:24,640 --> 00:41:26,719
Speaker 16: to go back to ericthing about the one point two

810
00:41:26,840 --> 00:41:30,359
Speaker 16: bayon reserve of the Chinese Communist Party, and they're also

811
00:41:30,440 --> 00:41:34,280
Speaker 16: hoarding gold like crazy. Uh, the one point two billion

812
00:41:34,320 --> 00:41:36,839
Speaker 16: would have been drawn down if the sanctioned oil wasn't

813
00:41:36,840 --> 00:41:40,320
Speaker 16: getting through. I think what President Trump is telling people

814
00:41:40,320 --> 00:41:42,239
Speaker 16: now is that it can't be any more games. We

815
00:41:42,360 --> 00:41:49,040
Speaker 16: put in very tough sanctions, and you could tell some

816
00:41:49,080 --> 00:41:53,959
Speaker 16: of some of them are being worked around. It's still

817
00:41:54,080 --> 00:41:56,719
Speaker 16: very I think ill defined whether the UE sees the

818
00:41:56,760 --> 00:41:57,520
Speaker 16: assets of.

819
00:41:57,480 --> 00:41:58,600
Speaker 15: The Iranian.

820
00:41:59,800 --> 00:42:04,400
Speaker 16: Of the Raniant Republican Guard and the Itolas, and it

821
00:42:04,560 --> 00:42:07,600
Speaker 16: obviously is going to have impact on the US dollar

822
00:42:07,719 --> 00:42:09,840
Speaker 16: and what we do going for as a prime reserve currency.

823
00:42:09,880 --> 00:42:12,440
Speaker 16: Like I said, I do believe we need a national

824
00:42:12,480 --> 00:42:15,879
Speaker 16: debate on being the prime reserve currency and the whole

825
00:42:15,920 --> 00:42:21,440
Speaker 16: situation of our central banks, all of it, because something's

826
00:42:21,480 --> 00:42:25,759
Speaker 16: not working for the American people. However, when we have

827
00:42:25,880 --> 00:42:28,280
Speaker 16: young men and women in harm's way and we're talking

828
00:42:28,280 --> 00:42:30,759
Speaker 16: about a two hundred billion dollars, now that might be

829
00:42:30,880 --> 00:42:33,640
Speaker 16: less because this war came to a looks like it's

830
00:42:33,680 --> 00:42:36,520
Speaker 16: come to a at least a conclusion, some of a

831
00:42:36,560 --> 00:42:40,640
Speaker 16: conclusion shorter than the original objectives, which I think we're

832
00:42:40,640 --> 00:42:43,319
Speaker 16: another couple of weeks or maybe even another couple of months,

833
00:42:43,360 --> 00:42:44,479
Speaker 16: or may not be two hundred billion.

834
00:42:44,560 --> 00:42:47,439
Speaker 15: But when you got a russ vote's going to get child.

835
00:42:47,440 --> 00:42:49,759
Speaker 16: He's going to get shredded next week because they've got

836
00:42:49,760 --> 00:42:52,040
Speaker 16: a budget they're coming forward has a one point five.

837
00:42:51,960 --> 00:42:52,920
Speaker 15: Trillion dollar.

838
00:42:54,920 --> 00:42:57,440
Speaker 16: Defense spending, which I think is half a trillion dollars

839
00:42:57,520 --> 00:43:01,280
Speaker 16: above the tree in also, and I'm not quite sure

840
00:43:01,360 --> 00:43:03,600
Speaker 16: where even the two inner billion fits in, because that

841
00:43:03,719 --> 00:43:06,759
Speaker 16: has got to be paid for somehow, and there's no

842
00:43:07,040 --> 00:43:12,560
Speaker 16: appetite among Democrats or modern Republicans to cut social programs.

843
00:43:12,600 --> 00:43:15,960
Speaker 16: If you think there's a appetite, you have twenty traders

844
00:43:16,040 --> 00:43:18,880
Speaker 16: right now in the Republican Party, twenty that are co

845
00:43:18,960 --> 00:43:22,799
Speaker 16: sponsors of one of the most egregious amnesty bills I've

846
00:43:22,840 --> 00:43:23,319
Speaker 16: ever seen.

847
00:43:24,320 --> 00:43:25,560
Speaker 15: And I've been doing this a while.

848
00:43:26,360 --> 00:43:30,080
Speaker 16: We had Rosemary jinks on yesterday about Salazar's bill and

849
00:43:30,160 --> 00:43:33,120
Speaker 16: how awful is and she calls it the saw bill

850
00:43:33,280 --> 00:43:36,080
Speaker 16: to screw American worker bill. She sayss one of the

851
00:43:36,080 --> 00:43:38,680
Speaker 16: worst things she's ever seen. And so that's where we are,

852
00:43:38,680 --> 00:43:40,880
Speaker 16: and those are Republicans working with Democrats.

853
00:43:42,360 --> 00:43:44,640
Speaker 15: So the issues that face us here in the country

854
00:43:44,960 --> 00:43:45,680
Speaker 15: are enormous.

855
00:43:45,960 --> 00:43:48,640
Speaker 16: This is why President Trump was elected to come back,

856
00:43:49,560 --> 00:43:52,160
Speaker 16: because people realize in the stolen election of twenty twenty

857
00:43:52,160 --> 00:43:55,799
Speaker 16: and the illegitimate regime that is Joe Biden, of what

858
00:43:55,920 --> 00:43:58,000
Speaker 16: damage they did to the country. This is why the

859
00:43:58,040 --> 00:44:01,959
Speaker 16: Mass Deportation Coalition has been formed. This is why people

860
00:44:02,000 --> 00:44:04,880
Speaker 16: are coming up now with and I keep telling people,

861
00:44:05,400 --> 00:44:08,560
Speaker 16: you're going to see more populism and you're going to

862
00:44:08,560 --> 00:44:12,200
Speaker 16: see nationalism that's going to go to ultranationalism and what.

863
00:44:12,120 --> 00:44:14,720
Speaker 15: Do I mean by that? More America first.

864
00:44:14,760 --> 00:44:18,680
Speaker 16: But as importantly, something gets lost here in the equation,

865
00:44:18,920 --> 00:44:19,920
Speaker 16: and you see in some of.

866
00:44:19,880 --> 00:44:22,080
Speaker 15: The statistics today, particularly about wages.

867
00:44:23,040 --> 00:44:26,800
Speaker 16: President Trump's always driven this that real wages always increase,

868
00:44:26,880 --> 00:44:29,240
Speaker 16: and that's why people feel very comfortable when he drives

869
00:44:29,239 --> 00:44:33,000
Speaker 16: the economy. When that starts reversing itself, then questions got

870
00:44:33,040 --> 00:44:34,640
Speaker 16: to be asked, Hey, are we doing enough where we

871
00:44:34,719 --> 00:44:40,840
Speaker 16: focus enough that when I say ulternationalists that that American

872
00:44:40,960 --> 00:44:46,600
Speaker 16: citizens must come first in everything that's done, everything that's done.

873
00:44:46,680 --> 00:44:50,560
Speaker 16: I equate it back to the Roman Empire, the Roman Republic.

874
00:44:51,520 --> 00:44:54,560
Speaker 16: You had Roman citizenship, you had a special deal. People

875
00:44:54,600 --> 00:44:58,400
Speaker 16: throughout the world and where you were in the world

876
00:44:58,719 --> 00:45:01,680
Speaker 16: knew you had a special deal. Wow you got Roman citizenship.

877
00:45:01,960 --> 00:45:06,520
Speaker 16: That's pretty special. Well, American citizenship should be far greater

878
00:45:06,600 --> 00:45:06,880
Speaker 16: than that.

879
00:45:07,000 --> 00:45:07,480
Speaker 15: And it's not.

880
00:45:08,040 --> 00:45:12,640
Speaker 16: American citizens are screwed every day of the week, every

881
00:45:12,719 --> 00:45:15,759
Speaker 16: day of the week in this in this immigration, all

882
00:45:15,840 --> 00:45:18,239
Speaker 16: the scams. We should have a ten year ban on

883
00:45:18,440 --> 00:45:22,200
Speaker 16: all immigration. People say, oh, we're legal, and then it's

884
00:45:22,239 --> 00:45:22,640
Speaker 16: not legal.

885
00:45:22,680 --> 00:45:25,480
Speaker 15: It's a scam. Look at the H one b's look

886
00:45:25,520 --> 00:45:25,799
Speaker 15: at this.

887
00:45:25,800 --> 00:45:29,960
Speaker 16: Disaster down to Texas where that's just below, right below

888
00:45:30,000 --> 00:45:35,560
Speaker 16: the Islamic invasion issue. So you see these fights and

889
00:45:35,600 --> 00:45:38,960
Speaker 16: the way we're going to win is not TV ads, right,

890
00:45:39,400 --> 00:45:41,920
Speaker 16: it's it's it's it's not when Cornin is done in

891
00:45:41,960 --> 00:45:45,440
Speaker 16: Texas to try to destroy Ken Paxon and do it

892
00:45:45,480 --> 00:45:49,040
Speaker 16: on and do it on TV. This is one of

893
00:45:49,040 --> 00:45:52,400
Speaker 16: the things in the central fight right now is Texas

894
00:45:52,440 --> 00:45:55,520
Speaker 16: is also the Commonwealth of Virginia. Patty Lineman now joins me. Patty,

895
00:45:55,520 --> 00:45:57,600
Speaker 16: we've got a couple of minutes on this side. I

896
00:45:57,680 --> 00:46:02,040
Speaker 16: will hold you through committee. Woman, you've been the leader,

897
00:46:02,080 --> 00:46:03,960
Speaker 16: one of the leaders of the grassroots movement down there.

898
00:46:04,040 --> 00:46:07,160
Speaker 16: You guys have really taken something that you were overwhelmed

899
00:46:07,239 --> 00:46:09,759
Speaker 16: I think ten or twenty points down on this redistricting

900
00:46:10,440 --> 00:46:14,279
Speaker 16: to basically radically change the composition of the Commonwealth of

901
00:46:14,360 --> 00:46:18,440
Speaker 16: Virginia's congressional delegation from six' Five democrat to ten to

902
00:46:18,520 --> 00:46:21,359
Speaker 16: one AND i think ensure That President trump will get.

903
00:46:21,400 --> 00:46:23,320
Speaker 15: Impeached you guys have fought.

904
00:46:23,360 --> 00:46:26,160
Speaker 16: Back now that it's kind of a dead, heat maybe

905
00:46:26,360 --> 00:46:28,400
Speaker 16: even a little bit, up walk us through what the

906
00:46:28,440 --> 00:46:31,319
Speaker 16: grassroots have, done this historic.

907
00:46:31,120 --> 00:46:33,400
Speaker 15: Movement in The commonwealth Of virginia to stop this.

908
00:46:33,520 --> 00:46:35,480
Speaker 10: Man thank you.

909
00:46:35,440 --> 00:46:36,000
Speaker 3: For having, Me.

910
00:46:36,200 --> 00:46:38,920
Speaker 14: Steve i'm always happy to be here with my. Posse

911
00:46:39,239 --> 00:46:42,919
Speaker 14: my favorite title Is Enthusiastic member of The War Room.

912
00:46:42,960 --> 00:46:47,520
Speaker 14: POSSE i am one of you. Guys we In virginia

913
00:46:47,840 --> 00:46:51,360
Speaker 14: The democrats when they had their. Win the thing About, Democrats,

914
00:46:51,360 --> 00:46:53,799
Speaker 14: steve is that when they get, power they use it

915
00:46:53,960 --> 00:46:57,160
Speaker 14: and they use it. Fast and what they did was

916
00:46:57,160 --> 00:47:02,759
Speaker 14: shoved through a completely illegal referendum to change the constitution In,

917
00:47:02,840 --> 00:47:05,960
Speaker 14: virginia a change that we had changed it in twenty

918
00:47:06,000 --> 00:47:10,080
Speaker 14: twenty and we, said we don't want politicians drawing our congressional.

919
00:47:10,120 --> 00:47:12,480
Speaker 14: Lines we want an independent commission to do. It and

920
00:47:12,520 --> 00:47:15,360
Speaker 14: actually The Supreme court Of virginia drew our current. Lines

921
00:47:15,400 --> 00:47:18,640
Speaker 14: and they're quite, fair but they knew that they could do.

922
00:47:18,719 --> 00:47:21,480
Speaker 14: It they broke every. Rule they don't care about rules.

923
00:47:21,520 --> 00:47:24,720
Speaker 14: Either by the, way they broke every. Rule we fought.

924
00:47:24,719 --> 00:47:27,640
Speaker 14: It we still have four viable lawsuits, pending but Our

925
00:47:27,719 --> 00:47:31,080
Speaker 14: Virginia Supreme court will not rule on any of. Them

926
00:47:31,400 --> 00:47:35,120
Speaker 14: the issue is is the referendum. Legal The Virginia Supreme court,

927
00:47:35,200 --> 00:47:38,280
Speaker 14: said we're going to make you do the. Referendum spend

928
00:47:38,280 --> 00:47:41,360
Speaker 14: tens of millions dollar of, dollars hundreds of thousands of,

929
00:47:41,440 --> 00:47:44,759
Speaker 14: hours and then later we'll decide whether it was legal or.

930
00:47:44,800 --> 00:47:49,319
Speaker 14: Not so we knew we had to win. This AND

931
00:47:49,360 --> 00:47:51,960
Speaker 14: i will tell, You, steve from the, beginning The democrats

932
00:47:52,000 --> 00:47:54,640
Speaker 14: were bragging about the money advantage they. HAVE i think

933
00:47:54,640 --> 00:47:57,400
Speaker 14: they're at fifty million in, counting and they can always

934
00:47:57,440 --> 00:47:59,840
Speaker 14: find more. Money as we know they get it illegally.

935
00:48:00,200 --> 00:48:04,200
Speaker 14: Overseas we're finding. Out BUT i got to tell, you

936
00:48:04,280 --> 00:48:07,960
Speaker 14: and the polling that we've had done, recently despite the

937
00:48:08,000 --> 00:48:11,160
Speaker 14: fact they've spent tens of millions of dollars ON tv,

938
00:48:11,360 --> 00:48:14,400
Speaker 14: ads they are not moving the needle in their. Direction

939
00:48:14,760 --> 00:48:17,120
Speaker 14: the needle is moving in the direction of the no

940
00:48:17,480 --> 00:48:21,239
Speaker 14: vote here In. Virginia and one of the THINGS i

941
00:48:21,239 --> 00:48:24,480
Speaker 14: Think i'm so excited, About, steve is, that you, know

942
00:48:25,120 --> 00:48:27,040
Speaker 14: for a while it seemed like we were kind of

943
00:48:27,080 --> 00:48:29,960
Speaker 14: having a top down approach here In virginia to our.

944
00:48:30,080 --> 00:48:35,440
Speaker 14: Party but this is a completely ground up grassroots. Effort

945
00:48:35,640 --> 00:48:39,040
Speaker 14: republicans as a party only survive as a bottom up,

946
00:48:39,080 --> 00:48:40,719
Speaker 14: party and you know that better.

947
00:48:40,520 --> 00:48:40,960
Speaker 10: Than, Anyone.

948
00:48:41,120 --> 00:48:45,880
Speaker 14: Steve and this has been the most revolutionary grassroots record

949
00:48:45,920 --> 00:48:47,840
Speaker 14: we've ever had In virginia.

950
00:48:47,600 --> 00:48:48,080
Speaker 3: Ever.

951
00:48:49,360 --> 00:48:51,719
Speaker 15: Patty Patty, hanger for one, second hold it to the.

952
00:48:51,760 --> 00:48:54,279
Speaker 15: BREAK i want people throughout the, country not just to.

953
00:48:54,280 --> 00:48:57,080
Speaker 16: Come a wealth Of, virginia to understand the revolution going

954
00:48:57,120 --> 00:48:58,600
Speaker 16: on in the heart of The American.

955
00:48:58,600 --> 00:48:59,040
Speaker 10: Revolution