1 00:00:00,200 --> 00:00:00,640 Speaker 1: Cheats us. 2 00:00:00,640 --> 00:00:04,920 Speaker 2: They've been cheating us for decades. They cheat us with tariffs, 3 00:00:05,440 --> 00:00:08,280 Speaker 2: higher tariffs. More importantly, they cheat us with the so 4 00:00:08,320 --> 00:00:11,720 Speaker 2: called non tariff barriers. It's the vat taxes, the dumping, 5 00:00:11,800 --> 00:00:15,840 Speaker 2: the currency manipulation, the technical barriers to keep our autos 6 00:00:15,840 --> 00:00:18,720 Speaker 2: out of Japan, the agricultural barriers to keep our pork 7 00:00:18,720 --> 00:00:21,799 Speaker 2: out of Australia or Europe. They're doing that to the 8 00:00:21,840 --> 00:00:24,919 Speaker 2: tune or one point two trillion dollars of wealth a 9 00:00:25,040 --> 00:00:30,520 Speaker 2: year that we transfer now abroad, and eighteen trillion dollars 10 00:00:30,520 --> 00:00:32,919 Speaker 2: of wealth since we started running deficits. You know how 11 00:00:32,960 --> 00:00:35,879 Speaker 2: much eighteen trillion dollars of America that could buy. So 12 00:00:35,960 --> 00:00:40,559 Speaker 2: that's the problem we're grappling with. So we have a 13 00:00:40,600 --> 00:00:43,960 Speaker 2: strategy here where the President says we're going to charge 14 00:00:43,960 --> 00:00:48,040 Speaker 2: them what they charge us. And the analytical issue is 15 00:00:48,360 --> 00:00:52,160 Speaker 2: it's easy to calculate the tariff diterential, but the non 16 00:00:52,200 --> 00:00:54,560 Speaker 2: tariff barriers are so much higher. So that's what we 17 00:00:54,640 --> 00:00:57,760 Speaker 2: set knowing full well, knowing full well that a lot 18 00:00:57,760 --> 00:01:02,160 Speaker 2: of countries we come right to us and want to bargain. 19 00:01:02,320 --> 00:01:05,880 Speaker 2: We've got ninety deals in ninety days possibly pending here. 20 00:01:06,640 --> 00:01:09,720 Speaker 2: And it was par for the course. Actually it was 21 00:01:09,800 --> 00:01:13,319 Speaker 2: a birdie for President Trump to do exactly what he did, 22 00:01:13,600 --> 00:01:16,240 Speaker 2: which was paused for ninety days, and we're going to 23 00:01:16,240 --> 00:01:17,960 Speaker 2: get this done for the American people. 24 00:01:18,000 --> 00:01:22,600 Speaker 3: I think that right now we are at a decision 25 00:01:22,680 --> 00:01:25,880 Speaker 3: making point and very close to a recession, and I'm 26 00:01:25,920 --> 00:01:30,280 Speaker 3: worried about something worse than a recession if this isn't 27 00:01:30,319 --> 00:01:33,880 Speaker 3: handled well. A recession is two negative quarters of GDP, 28 00:01:34,240 --> 00:01:37,280 Speaker 3: and whether it goes slightly there, we always have those things. 29 00:01:38,080 --> 00:01:41,440 Speaker 3: We have something that's much more profound. We have a 30 00:01:41,520 --> 00:01:45,000 Speaker 3: breaking down of the monetary order. We are going to 31 00:01:45,080 --> 00:01:48,640 Speaker 3: change the monetary order because we cannot spend the amounts 32 00:01:48,680 --> 00:01:49,120 Speaker 3: of money. 33 00:01:49,200 --> 00:01:50,280 Speaker 1: So we have that problem. 34 00:01:50,360 --> 00:01:52,880 Speaker 3: And when we talk about the dollar and we talk 35 00:01:52,920 --> 00:01:57,120 Speaker 3: about tariffs, we have that. We are having profound changes 36 00:01:57,480 --> 00:02:01,440 Speaker 3: in our domestic order, how rule is existing, and we're 37 00:02:01,480 --> 00:02:05,360 Speaker 3: having profound changes in the world order. Such times are 38 00:02:05,520 --> 00:02:08,600 Speaker 3: very much like the nineteen thirties. I've studied history and 39 00:02:08,639 --> 00:02:12,280 Speaker 3: this repeats over and over again. So if you take tariffs, 40 00:02:12,360 --> 00:02:15,519 Speaker 3: if you take debt, if you take the rising power 41 00:02:15,639 --> 00:02:19,080 Speaker 3: challenging the existing power, if you take those factors and 42 00:02:19,160 --> 00:02:23,640 Speaker 3: look at the factors, those changes in the orders. 43 00:02:23,720 --> 00:02:26,400 Speaker 1: The systems are very very disruptive. 44 00:02:26,639 --> 00:02:29,919 Speaker 3: How that's handled could produce something that is much worse 45 00:02:29,960 --> 00:02:30,720 Speaker 3: than a recession. 46 00:02:30,800 --> 00:02:34,280 Speaker 2: We had really good news on the inflation front. Both 47 00:02:34,280 --> 00:02:38,040 Speaker 2: the producer price index, hotel prices, consumer price index had 48 00:02:38,040 --> 00:02:41,840 Speaker 2: the lowest print since the fall of twenty twenty three. 49 00:02:41,960 --> 00:02:44,080 Speaker 1: Really good news, and nobody expected that. 50 00:02:44,600 --> 00:02:46,720 Speaker 2: And the reason why that kind of thing's happening is 51 00:02:46,760 --> 00:02:50,320 Speaker 2: because the Trump policies on other fronts oils down to 52 00:02:50,400 --> 00:02:51,079 Speaker 2: sixty one. 53 00:02:50,960 --> 00:02:52,280 Speaker 1: Dollars a barrel. Okay. 54 00:02:52,600 --> 00:02:54,680 Speaker 2: But the other thing, and this is like should have 55 00:02:54,720 --> 00:02:57,560 Speaker 2: been in that little package you had at the beginning, 56 00:02:58,560 --> 00:03:03,840 Speaker 2: the Congress asked the resolution, the Budget Resolution, which lays 57 00:03:03,919 --> 00:03:07,760 Speaker 2: the groundwork for having the biggest broadest tax cut in 58 00:03:07,840 --> 00:03:09,600 Speaker 2: American history before August. 59 00:03:09,600 --> 00:03:10,480 Speaker 1: Now, what does that mean? 60 00:03:10,880 --> 00:03:13,959 Speaker 2: What does it mean for both recession and inflation. 61 00:03:14,120 --> 00:03:16,400 Speaker 1: It means that we're going to have a. 62 00:03:16,400 --> 00:03:21,080 Speaker 2: Debt neutral tax cut financed by tariff revenues that's going 63 00:03:21,120 --> 00:03:23,400 Speaker 2: to stimulate growth. It could be worth as much of 64 00:03:23,440 --> 00:03:26,320 Speaker 2: a point and a half in terms of GDP growth. 65 00:03:26,320 --> 00:03:30,800 Speaker 2: At the same time, it's deflationary, non inflationary. It's unlike 66 00:03:30,880 --> 00:03:35,360 Speaker 2: the Biden fiscal measures, which were just pure debt driven. 67 00:03:35,720 --> 00:03:37,680 Speaker 1: So there's really good news here. 68 00:03:37,760 --> 00:03:40,720 Speaker 2: And I predicted fifty thousand on the Dow, predicted a 69 00:03:40,760 --> 00:03:42,640 Speaker 2: broad based SMP rally. 70 00:03:42,680 --> 00:03:44,160 Speaker 1: I don't know if you know this, Christian. 71 00:03:43,880 --> 00:03:47,880 Speaker 2: But it was seven AI stocks that pulled up the 72 00:03:48,000 --> 00:03:49,880 Speaker 2: S and P five hundred during the Biden years. 73 00:03:49,920 --> 00:03:50,960 Speaker 1: That's not growth really. 74 00:03:51,200 --> 00:03:53,920 Speaker 4: You talked a little bit about the semiconductor tariffy both 75 00:03:53,920 --> 00:03:55,080 Speaker 4: the doctors socials today. 76 00:03:55,120 --> 00:03:58,040 Speaker 5: What is the timeline for that? And I believe it 77 00:03:58,200 --> 00:04:01,320 Speaker 5: kicks and briers that the data those will be negotiable. 78 00:04:01,760 --> 00:04:04,080 Speaker 5: What our paris are a place they're non negotial with 79 00:04:04,160 --> 00:04:04,600 Speaker 5: that right. 80 00:04:04,680 --> 00:04:08,040 Speaker 6: But the tariffs will be in place in the non 81 00:04:08,080 --> 00:04:11,000 Speaker 6: distant future because, as you know, like we did with steel, 82 00:04:11,080 --> 00:04:13,920 Speaker 6: like we did with automobiles, like we did with aluminum, 83 00:04:14,040 --> 00:04:17,680 Speaker 6: which are now fully on, we'll be doing that with semiconductors, 84 00:04:17,760 --> 00:04:20,479 Speaker 6: with chips and numerous other things. 85 00:04:21,080 --> 00:04:22,520 Speaker 5: And that'll take place. 86 00:04:22,360 --> 00:04:25,160 Speaker 6: To me in the very near future. And what we 87 00:04:25,200 --> 00:04:27,600 Speaker 6: did is we want to uncomplicated from a lot of 88 00:04:27,720 --> 00:04:31,000 Speaker 6: companies because that's not where it should be ideally, and 89 00:04:31,120 --> 00:04:33,640 Speaker 6: we wanted to uncomplicate it from a lot of other 90 00:04:33,680 --> 00:04:37,160 Speaker 6: companies because we want to make our chips and semiconductors 91 00:04:37,160 --> 00:04:39,560 Speaker 6: and other things in our country. And I will tell 92 00:04:39,600 --> 00:04:43,880 Speaker 6: you another one is pharmaceuticals. Drugs and pharmaceuticals. We want 93 00:04:43,920 --> 00:04:47,360 Speaker 6: to make our drugs in this country, and by placing 94 00:04:47,360 --> 00:04:51,760 Speaker 6: a tariff on the companies that are not in this country, they're. 95 00:04:51,560 --> 00:04:53,120 Speaker 1: Going to move into our country, and we're going to 96 00:04:53,160 --> 00:04:53,480 Speaker 1: have our. 97 00:04:53,440 --> 00:04:56,440 Speaker 6: Drugs made in the United States, so that in case 98 00:04:56,480 --> 00:04:59,760 Speaker 6: of war, in case of whatever, we're not relying on 99 00:05:00,120 --> 00:05:03,880 Speaker 6: China and various other country excusive blas with rugs, which 100 00:05:03,920 --> 00:05:05,240 Speaker 6: is not a good idea. 101 00:05:05,320 --> 00:05:07,840 Speaker 5: And it will happened very fast. It will happen very day. 102 00:05:09,960 --> 00:05:12,680 Speaker 5: I'm going to be announcing it over the next week well. 103 00:05:12,680 --> 00:05:16,880 Speaker 4: As President Trump has said, he's dispatched his team Scott Bessen, 104 00:05:17,080 --> 00:05:20,640 Speaker 4: Howard lut Nick, Jamison Greer to have conversations with these 105 00:05:20,680 --> 00:05:25,039 Speaker 4: countries and to explain to them their egregious trade abuses, 106 00:05:25,120 --> 00:05:28,960 Speaker 4: how they've manipulated their currencies, how they have illegally subsidized 107 00:05:29,000 --> 00:05:31,520 Speaker 4: their industries, and how they balloon the trade deficit. And 108 00:05:31,560 --> 00:05:34,400 Speaker 4: that's going to lead to a bilateral process with each 109 00:05:34,440 --> 00:05:36,200 Speaker 4: and every one of these countries. And I'm not going 110 00:05:36,279 --> 00:05:39,640 Speaker 4: to prejudge that result. But the ninety day pause before 111 00:05:39,640 --> 00:05:42,279 Speaker 4: the tear freight snap back gives us an opportunity to 112 00:05:42,320 --> 00:05:45,120 Speaker 4: have that conversation which each with each of these countries 113 00:05:45,440 --> 00:05:49,040 Speaker 4: and to deal with these long running, severe and systemic abuses, 114 00:05:49,360 --> 00:05:52,400 Speaker 4: will at the same time and very importantly, focusing all 115 00:05:52,440 --> 00:05:56,400 Speaker 4: of our attention and the attention of the entire international 116 00:05:56,480 --> 00:06:01,279 Speaker 4: community on how China has distorted the entire higher global 117 00:06:01,560 --> 00:06:07,080 Speaker 4: trading system through decades of intellectual property theft, trademark theft, 118 00:06:07,200 --> 00:06:12,719 Speaker 4: copyright theft, industrial espionage, currency manipulation, the legal subsidization of 119 00:06:12,800 --> 00:06:19,440 Speaker 4: critical industries, targeted dumping to destroy core manufacturing capacity in 120 00:06:19,560 --> 00:06:22,200 Speaker 4: other countries so that they cannot protect and defend themselves 121 00:06:22,200 --> 00:06:24,680 Speaker 4: in a tile with national emergency. These are state led 122 00:06:24,720 --> 00:06:29,599 Speaker 4: policies from China that require address, and their only scandal 123 00:06:29,960 --> 00:06:32,599 Speaker 4: is that it took so long for us to finally 124 00:06:32,680 --> 00:06:35,159 Speaker 4: have a president in Donald Trump, who will protect and 125 00:06:35,200 --> 00:06:39,720 Speaker 4: defend America from these abuses, while every other president, Democrat 126 00:06:39,800 --> 00:06:44,120 Speaker 4: and Republican allowed China to plunder us to a degree 127 00:06:44,200 --> 00:06:47,920 Speaker 4: that was so savage and so total it honestly eclipses 128 00:06:47,960 --> 00:06:48,600 Speaker 4: the imagination. 129 00:06:48,960 --> 00:06:52,000 Speaker 7: Have you gotten calls from any of your former counterparts 130 00:06:53,000 --> 00:06:56,400 Speaker 7: that are either allies or enemies or others trying to 131 00:06:56,440 --> 00:06:58,480 Speaker 7: understand what's going on. And I'm curious if you have, 132 00:06:58,560 --> 00:07:01,160 Speaker 7: what you tell them. 133 00:07:01,560 --> 00:07:06,440 Speaker 8: Well, I have had a few meetings, and the truth is, 134 00:07:07,000 --> 00:07:10,360 Speaker 8: I honestly don't know what to tell them. 135 00:07:09,800 --> 00:07:10,920 Speaker 1: Because. 136 00:07:12,000 --> 00:07:17,040 Speaker 8: These are huge I've I've said, suh self inflicted wound 137 00:07:17,440 --> 00:07:21,440 Speaker 8: to me. President Trump is taking his sledgehammer. 138 00:07:22,040 --> 00:07:22,120 Speaker 9: Uh. 139 00:07:22,400 --> 00:07:27,520 Speaker 8: Not only that he's pounding our allies with this, but 140 00:07:27,600 --> 00:07:32,560 Speaker 8: he's pounding the US economy with this sledgehammer. And I 141 00:07:32,600 --> 00:07:39,000 Speaker 8: don't understand the rationale for the tariffs. Most economists would say, 142 00:07:39,000 --> 00:07:41,440 Speaker 8: if you're if what you're trying to do is to 143 00:07:41,520 --> 00:07:46,080 Speaker 8: reduce the trade deficit, imposing tariffs is not going to 144 00:07:46,120 --> 00:07:49,080 Speaker 8: be successful, and it's not the way to go about 145 00:07:49,160 --> 00:07:54,680 Speaker 8: doing that. The best approach there would be greater fiscal discipline, 146 00:07:54,720 --> 00:07:59,080 Speaker 8: which we're uh not likely to see. And perhaps it's 147 00:07:59,200 --> 00:08:05,200 Speaker 8: to bring back American manufacturing, but I really think that's 148 00:08:05,240 --> 00:08:09,800 Speaker 8: a pipe dream and not something that is likely to 149 00:08:09,880 --> 00:08:10,840 Speaker 8: be accomplished. 150 00:08:11,040 --> 00:08:12,040 Speaker 1: And we could even. 151 00:08:11,880 --> 00:08:15,840 Speaker 8: Raise questions about whether or not in a broad based way, 152 00:08:15,920 --> 00:08:20,560 Speaker 8: that's a desirable goal. And it's really hard to predict. 153 00:08:20,800 --> 00:08:21,960 Speaker 1: Where this is going. 154 00:08:22,520 --> 00:08:29,280 Speaker 8: The escalation with China could have very significant global implications. 155 00:08:32,440 --> 00:08:37,600 Speaker 1: This is the final scream of a dying gene. Pray 156 00:08:37,679 --> 00:08:41,120 Speaker 1: for our enemies, because we're going to medieval on these people. 157 00:08:42,559 --> 00:08:44,959 Speaker 1: I've not got a free shot. All these networks lying 158 00:08:45,720 --> 00:08:47,920 Speaker 1: about the people. The people have had a belly full 159 00:08:47,960 --> 00:08:50,080 Speaker 1: of it. I know you don't like hearing that. I 160 00:08:50,120 --> 00:08:51,360 Speaker 1: know you've tried to do everything in the world to 161 00:08:51,360 --> 00:08:52,920 Speaker 1: stop it, but you're not going to stop it. It's 162 00:08:52,960 --> 00:08:55,240 Speaker 1: going to happen. And where do people like that go 163 00:08:55,440 --> 00:08:56,680 Speaker 1: to share the big line? 164 00:08:57,360 --> 00:08:58,640 Speaker 5: Mega media? 165 00:08:58,760 --> 00:09:01,880 Speaker 10: I wish in my soul, I wish that any of 166 00:09:01,880 --> 00:09:03,480 Speaker 10: these people had a conscience. 167 00:09:04,160 --> 00:09:07,360 Speaker 1: Ask yourself, what is my task and what is my purpose? 168 00:09:08,000 --> 00:09:12,160 Speaker 1: If that answer is to save my country, this country 169 00:09:12,440 --> 00:09:14,120 Speaker 1: will be saved. 170 00:09:14,200 --> 00:09:17,360 Speaker 5: War Room, use your host, Stephen k Back. 171 00:09:24,160 --> 00:09:26,720 Speaker 1: It's Monday, fourteen April, year of E Alert twenty twenty five. 172 00:09:26,920 --> 00:09:29,640 Speaker 1: There are decades in which nothing happens, and then there 173 00:09:29,640 --> 00:09:31,760 Speaker 1: are weeks in which decades happened. I think we're in 174 00:09:31,800 --> 00:09:33,960 Speaker 1: another one of those weeks, following last week. In the 175 00:09:33,960 --> 00:09:37,640 Speaker 1: week before, Ray Dalio kind of lays it out there. 176 00:09:37,720 --> 00:09:42,160 Speaker 1: It is about the global monetary order. That is the 177 00:09:42,400 --> 00:09:47,559 Speaker 1: the roiling in. This is two things. Massive overspending by 178 00:09:47,559 --> 00:09:50,040 Speaker 1: the federal government, These massive deficits that we have to 179 00:09:50,080 --> 00:09:55,120 Speaker 1: continue to finance. Plus the trade, the international global trading 180 00:09:55,360 --> 00:09:58,840 Speaker 1: system which President Trump as Stephen Miller and doctor Peter 181 00:09:58,960 --> 00:10:03,520 Speaker 1: Navarro so eloquently layout is about a rig system that 182 00:10:03,559 --> 00:10:05,640 Speaker 1: the elites in this country have basically sold out the 183 00:10:05,720 --> 00:10:07,960 Speaker 1: nation to the Chinese companist party, and that has to 184 00:10:07,960 --> 00:10:10,960 Speaker 1: be redone, and it's going to be redone, and people 185 00:10:11,000 --> 00:10:13,480 Speaker 1: are not going to back off this. This is more. 186 00:10:13,520 --> 00:10:15,560 Speaker 1: And if you want to hear the running dogs for 187 00:10:15,679 --> 00:10:21,520 Speaker 1: the sociopathic overlords on Wall Street, just go to you 188 00:10:21,600 --> 00:10:24,240 Speaker 1: just have to cut on mainstream medium MSNBC, read the 189 00:10:24,280 --> 00:10:27,920 Speaker 1: New York Times, see the Washington Post, CCNN about tariffs. Oh, 190 00:10:27,960 --> 00:10:30,760 Speaker 1: they're going to raise prices, race prices, race prices. Never 191 00:10:30,880 --> 00:10:35,280 Speaker 1: talk about the hollowing out of this country. Let's go 192 00:10:35,360 --> 00:10:37,440 Speaker 1: to do. I have a Caroline run who's broken a 193 00:10:37,440 --> 00:10:39,880 Speaker 1: lot of news on this in the last ten days 194 00:10:40,840 --> 00:10:43,600 Speaker 1: from her White Lotus tour of Southeast Asia. Is now 195 00:10:43,600 --> 00:10:48,000 Speaker 1: in Dubai. Caroline breaking across the wire as we come. 196 00:10:48,880 --> 00:10:52,280 Speaker 1: As you predicted, she is now in Southeast Asia. His 197 00:10:52,360 --> 00:10:55,000 Speaker 1: first stop is Vietnam. It should not be lost on people. 198 00:10:55,040 --> 00:10:57,880 Speaker 1: The very first call the President Trump took and set 199 00:10:57,960 --> 00:11:00,600 Speaker 1: up a meeting with Scott Bessant was wait for it, Vietnam. 200 00:11:01,160 --> 00:11:03,199 Speaker 1: She's in Vietnam. It just came across the wire. I 201 00:11:03,240 --> 00:11:08,280 Speaker 1: think Walter Bloomberg that Twitter feed said they are in 202 00:11:08,320 --> 00:11:12,840 Speaker 1: the process of signing forty five agreements arrangements. We know 203 00:11:12,880 --> 00:11:14,960 Speaker 1: the Vietnamese want to do a deal with the United States. 204 00:11:15,000 --> 00:11:18,040 Speaker 1: So the very first one to call, what's your assessment? 205 00:11:19,800 --> 00:11:22,640 Speaker 11: Sure, yeah, I've been tracking this now for a couple 206 00:11:22,679 --> 00:11:24,840 Speaker 11: of weeks. President G in China seemed to be going 207 00:11:24,880 --> 00:11:29,040 Speaker 11: all in on a regional strategy here, and he's President G. 208 00:11:29,080 --> 00:11:30,720 Speaker 1: They're going all in on Southeast Asia. 209 00:11:31,160 --> 00:11:34,000 Speaker 11: And today in one of the public speeches he gave, 210 00:11:34,040 --> 00:11:37,480 Speaker 11: he called on Southeast Asian countries and specifically their Vietnam, 211 00:11:37,559 --> 00:11:41,720 Speaker 11: to join him and resisting against President Trump's quote unilateralism 212 00:11:41,760 --> 00:11:45,200 Speaker 11: and protectionism. And this is as President g is starting 213 00:11:45,400 --> 00:11:48,720 Speaker 11: what is a propaganda tour to attempt to present Beijing 214 00:11:48,800 --> 00:11:51,760 Speaker 11: and the CCP as a more reliable ally and trading 215 00:11:51,760 --> 00:11:53,160 Speaker 11: partner than the United States. 216 00:11:53,640 --> 00:11:54,960 Speaker 12: And the reality is that these. 217 00:11:54,920 --> 00:11:57,560 Speaker 11: Countries they have to I mean President she is coming. 218 00:11:57,960 --> 00:12:01,400 Speaker 11: They're your largest neighbor. They're very scared neighbor, like Vietnam. 219 00:12:01,800 --> 00:12:04,360 Speaker 11: And he goes off next to Malaysia and then to Cambodia. 220 00:12:04,400 --> 00:12:07,360 Speaker 11: They cannot say no. What they're saying privately, and I've 221 00:12:07,400 --> 00:12:09,079 Speaker 11: been in all of these countries over the last two 222 00:12:09,120 --> 00:12:12,480 Speaker 11: weeks is please please President Trump and the United States 223 00:12:12,559 --> 00:12:12,959 Speaker 11: come in. 224 00:12:13,400 --> 00:12:15,760 Speaker 12: Save us, help us. We want to deal with the 225 00:12:15,840 --> 00:12:16,440 Speaker 12: United States. 226 00:12:16,440 --> 00:12:18,520 Speaker 11: We do not want to deal with China, but we 227 00:12:18,640 --> 00:12:21,240 Speaker 11: have to be mindful and aware of like the reality of. 228 00:12:21,240 --> 00:12:22,840 Speaker 12: These countries and what happens with this. 229 00:12:23,040 --> 00:12:25,319 Speaker 11: And the strategy here, I think is that China is 230 00:12:25,360 --> 00:12:29,480 Speaker 11: trying to insulate itself against Trump's tariffs, and their best strategy. 231 00:12:29,080 --> 00:12:31,320 Speaker 1: To do that is with the neighbors in Southeast Asia. 232 00:12:31,679 --> 00:12:34,400 Speaker 11: And that's because you know, Southeast Asia has become China's 233 00:12:34,480 --> 00:12:37,440 Speaker 11: largest trading partner at seventeen percent of their exports versus 234 00:12:37,480 --> 00:12:38,840 Speaker 11: only fourteen percent. 235 00:12:38,840 --> 00:12:39,840 Speaker 12: To the United States. 236 00:12:40,200 --> 00:12:41,599 Speaker 1: And so I think China. 237 00:12:41,360 --> 00:12:43,600 Speaker 11: Sees US as critical as shore up trade relations with 238 00:12:43,679 --> 00:12:46,800 Speaker 11: Southeast Asia. And then that also is because they use 239 00:12:46,840 --> 00:12:51,160 Speaker 11: the Southeast Asia countries to escape Trump's tariffs. They manufacture 240 00:12:51,160 --> 00:12:53,800 Speaker 11: these products in China, then they send them to get 241 00:12:53,840 --> 00:12:57,319 Speaker 11: slacked for them at Vietnam or made in Cambodia. Those 242 00:12:57,360 --> 00:13:00,120 Speaker 11: products come to the United States, and so that that's 243 00:13:00,120 --> 00:13:02,679 Speaker 11: what Trump that's why you know, came Moodi was got 244 00:13:02,720 --> 00:13:05,160 Speaker 11: a forty nine percent tariffying or in Vietnam got forty 245 00:13:05,160 --> 00:13:07,800 Speaker 11: six percent. It was high because China is using them 246 00:13:07,840 --> 00:13:09,800 Speaker 11: as ponds. And so now we have to read it 247 00:13:09,800 --> 00:13:12,840 Speaker 11: for our you know, our interest. 248 00:13:12,600 --> 00:13:13,120 Speaker 12: In the region. 249 00:13:13,200 --> 00:13:16,800 Speaker 1: The same thing, the same thing is with Mexico, same 250 00:13:16,800 --> 00:13:18,440 Speaker 1: thing to do in Mexico. That's why it's much more 251 00:13:18,440 --> 00:13:20,000 Speaker 1: to five from a billion dollars six and a billion 252 00:13:20,000 --> 00:13:24,320 Speaker 1: dollars hanging for one second. The East Asian countries, President 253 00:13:24,320 --> 00:13:28,920 Speaker 1: Trump already laid out the top five investment Japan, South Korea, Taiwan, Vietnam, 254 00:13:28,920 --> 00:13:32,360 Speaker 1: and India. Uh, they've already had a coup. The Chinese 255 00:13:32,360 --> 00:13:34,920 Speaker 1: counts Party have led a coup with our allies in 256 00:13:35,120 --> 00:13:38,080 Speaker 1: South Korea to take out the conservative, the pro Trump. 257 00:13:38,400 --> 00:13:43,600 Speaker 1: Taiwan is under you know, military exercises threatening an invasion. Vietnam. 258 00:13:43,679 --> 00:13:47,079 Speaker 1: They're there today trying to crush Vietnam. Japan. They've infiltrated 259 00:13:47,080 --> 00:13:50,240 Speaker 1: in Japan so badly that the Japanese reach out to 260 00:13:50,320 --> 00:13:53,600 Speaker 1: us for help and to say we're your ally. But 261 00:13:53,679 --> 00:13:55,880 Speaker 1: the CCP's all over us. And of course we know 262 00:13:56,080 --> 00:13:58,760 Speaker 1: modis standing tall and India says he's going to do 263 00:13:58,800 --> 00:14:02,640 Speaker 1: a deal with the United States today El Salvador because 264 00:14:02,679 --> 00:14:06,560 Speaker 1: also the CCP is trying to flood invade not just 265 00:14:06,600 --> 00:14:10,040 Speaker 1: the Caribbean, but Central America. This is why Hexath went 266 00:14:10,080 --> 00:14:13,720 Speaker 1: to Panama. And today El Salvador comes to the White House. 267 00:14:14,240 --> 00:14:17,120 Speaker 1: We got Frank Gaffney, we got Mike Rogers just announced 268 00:14:17,120 --> 00:14:20,040 Speaker 1: he's running for the Senate. Caroline Wren's going to stick around. 269 00:14:20,120 --> 00:14:23,400 Speaker 1: We're going to go to the White House live next 270 00:14:23,960 --> 00:14:26,160 Speaker 1: then back at eleven o'clock when the President of El 271 00:14:26,240 --> 00:14:29,000 Speaker 1: Salvador shows up. The Supreme Court's got something to say 272 00:14:29,040 --> 00:14:31,880 Speaker 1: about President Trump being commander in chief of the United 273 00:14:31,880 --> 00:14:37,200 Speaker 1: States military in a time of war. Short commercial break, 274 00:14:37,280 --> 00:14:40,400 Speaker 1: Jenny con is going to take us out. It is 275 00:14:40,800 --> 00:14:45,080 Speaker 1: World War three, the early years, this morning in the 276 00:14:45,120 --> 00:14:59,120 Speaker 1: War room, America. 277 00:15:00,240 --> 00:15:02,600 Speaker 5: Confuse your host, Stephen came back. 278 00:15:09,160 --> 00:15:12,840 Speaker 1: The President just sent a just sent a true social 279 00:15:12,880 --> 00:15:14,640 Speaker 1: about Ukraine. I think I would get to that in 280 00:15:14,680 --> 00:15:17,280 Speaker 1: a moment. Oh, here's right here. So this is in 281 00:15:17,360 --> 00:15:20,200 Speaker 1: the President United States. The war between Russia and Ukraine 282 00:15:20,240 --> 00:15:22,280 Speaker 1: is Biden's war, not mine. I just got here for 283 00:15:22,320 --> 00:15:25,360 Speaker 1: four years during my term, had no problem preventing it 284 00:15:25,400 --> 00:15:29,080 Speaker 1: from happening. President Putin and everyone else respected your President. 285 00:15:29,200 --> 00:15:31,040 Speaker 1: I had nothing to do with this war, but in 286 00:15:31,120 --> 00:15:34,480 Speaker 1: working diligently to get the death in the destruction to stop. 287 00:15:34,520 --> 00:15:37,520 Speaker 1: And he goes on, but he's making a big point 288 00:15:37,520 --> 00:15:42,440 Speaker 1: about this continual another more military activity today. Wikoff was 289 00:15:42,480 --> 00:15:47,000 Speaker 1: in Moscow last week, then went to Oman for the 290 00:15:47,120 --> 00:15:50,280 Speaker 1: direct negotiations with the Persians. Big news there, as I 291 00:15:50,320 --> 00:15:53,440 Speaker 1: was going to continue this Saturday in Rome. We'll be 292 00:15:53,480 --> 00:15:57,080 Speaker 1: covering that because remember, no military strike on the Persians, 293 00:15:57,480 --> 00:16:00,200 Speaker 1: but you should. We should be much much more, much 294 00:16:00,240 --> 00:16:04,840 Speaker 1: more aggressive on economic sanctions, including them shipping two million 295 00:16:04,840 --> 00:16:07,360 Speaker 1: barrels of ola day to the Chinese Commists Party to 296 00:16:07,480 --> 00:16:10,560 Speaker 1: keep the Chinese Commanists Party at war with the United 297 00:16:10,600 --> 00:16:15,160 Speaker 1: States of America. Gaffney and wren Rens in Dubai. Gaffney's 298 00:16:15,200 --> 00:16:16,800 Speaker 1: going to join me in a minute talk about this, 299 00:16:17,360 --> 00:16:19,920 Speaker 1: the unfolding war against the Chinese Commists Party, and how 300 00:16:19,960 --> 00:16:23,400 Speaker 1: we have so much leverage that we're not using on 301 00:16:23,520 --> 00:16:25,520 Speaker 1: technology and capital markets. So I want to go to 302 00:16:25,560 --> 00:16:28,520 Speaker 1: Brian Glenn at the White House Brian order of battle today, 303 00:16:29,080 --> 00:16:32,280 Speaker 1: particular since the Supreme Courts trying to come between President 304 00:16:32,320 --> 00:16:35,320 Speaker 1: Trump and his Article two power as commander in chief 305 00:16:35,720 --> 00:16:38,600 Speaker 1: of the armed forces during a time of war. What 306 00:16:38,720 --> 00:16:43,040 Speaker 1: happens at eleven o'clock, sir, Yeah, eleven o'clock. 307 00:16:43,120 --> 00:16:47,280 Speaker 13: The President of El Salvador arrives here at the White House, 308 00:16:47,280 --> 00:16:49,880 Speaker 13: will enter the west suiting as which traditionally does. We 309 00:16:49,960 --> 00:16:52,280 Speaker 13: have a nice pageantry of the color Guard. You can 310 00:16:52,280 --> 00:16:55,040 Speaker 13: see them behind me, laid out in rehearsal of that. 311 00:16:55,640 --> 00:16:58,120 Speaker 13: Then shortly after that they go into the Oval Office 312 00:16:58,640 --> 00:17:02,400 Speaker 13: for a meeting, and then they continue about eleven thirty five, 313 00:17:02,400 --> 00:17:06,840 Speaker 13: their scheduled to have a bilateral lunch in the Cabinet room, 314 00:17:08,080 --> 00:17:10,359 Speaker 13: and I would imagine there's lots on the table. I 315 00:17:10,400 --> 00:17:12,720 Speaker 13: know he said earlier about the China and their kind 316 00:17:12,760 --> 00:17:15,520 Speaker 13: of infiltration into Central America. I'm sure that would be 317 00:17:15,520 --> 00:17:18,760 Speaker 13: talked about, but it's all about the deportation of that, 318 00:17:18,920 --> 00:17:22,359 Speaker 13: at a very minimum, an illegal alien that came in 319 00:17:22,359 --> 00:17:25,000 Speaker 13: to this country from El Salvador, and then much more 320 00:17:25,920 --> 00:17:29,359 Speaker 13: higher charges as far as him being involved in gang activity. 321 00:17:29,400 --> 00:17:32,919 Speaker 13: And the reasons why he was brought back earlier. Steve 322 00:17:33,840 --> 00:17:37,640 Speaker 13: Stephen Miller put on a clinic one oh one versus 323 00:17:37,640 --> 00:17:41,760 Speaker 13: the media, as the media is so defiant on really, 324 00:17:41,880 --> 00:17:43,200 Speaker 13: I think deportation. 325 00:17:43,320 --> 00:17:47,760 Speaker 1: This is any illegal alien in this with I told 326 00:17:47,800 --> 00:17:49,679 Speaker 1: you we got ten million to go, and they're making 327 00:17:49,720 --> 00:17:53,199 Speaker 1: a big deal about illegal alien vader who's clearly a 328 00:17:53,240 --> 00:17:56,280 Speaker 1: criminal and it needs to be an El Salvador. So 329 00:17:56,359 --> 00:17:58,120 Speaker 1: here's the order of battle we're going to do. We're 330 00:17:58,119 --> 00:17:59,679 Speaker 1: going to come back to you at eleven o'clock for 331 00:17:59,720 --> 00:18:03,320 Speaker 1: the pastry. I being a betting man, I happen to 332 00:18:03,320 --> 00:18:06,840 Speaker 1: think that the president, after he has a short time 333 00:18:06,880 --> 00:18:09,000 Speaker 1: as a bylad, I think they're gonna be the media 334 00:18:09,080 --> 00:18:12,520 Speaker 1: is gonna be invited into the oval or the cabinet room, 335 00:18:12,560 --> 00:18:14,840 Speaker 1: one or the other for the president takes some questions, Brian, 336 00:18:14,880 --> 00:18:17,000 Speaker 1: you're not in the pool today, correct, So you're gonna 337 00:18:17,040 --> 00:18:18,679 Speaker 1: be outside with us covering this. 338 00:18:20,520 --> 00:18:20,720 Speaker 5: Yeah. 339 00:18:20,760 --> 00:18:23,639 Speaker 13: I'll be outside now obviously, as I normally do, I 340 00:18:23,640 --> 00:18:26,879 Speaker 13: will request to be inside all of that, but if not, 341 00:18:27,040 --> 00:18:28,040 Speaker 13: I will be outside. 342 00:18:28,320 --> 00:18:31,200 Speaker 1: Uh here on the along the pebble Beach area. It's 343 00:18:31,359 --> 00:18:34,600 Speaker 1: it's it's it's not an official press avail unless Brian 344 00:18:34,640 --> 00:18:37,680 Speaker 1: Glenn's there to ask a pertinent question. You're the one 345 00:18:37,720 --> 00:18:40,080 Speaker 1: that gets the president's juices flowing and gets him rolland 346 00:18:40,480 --> 00:18:43,760 Speaker 1: you're you're the new Helen Thomas of the Press Corps, right, 347 00:18:43,800 --> 00:18:46,240 Speaker 1: remember Helen Thomas up I and have Brian Glenn real 348 00:18:46,280 --> 00:18:49,879 Speaker 1: America's voice. I do, Brian, Uh, what's your what's your 349 00:18:49,920 --> 00:18:51,919 Speaker 1: social media? Between now and then we're gonna come back 350 00:18:51,920 --> 00:18:55,080 Speaker 1: to your eleven? How do people follow you? 351 00:18:55,160 --> 00:18:55,360 Speaker 5: Yeah? 352 00:18:55,400 --> 00:18:58,359 Speaker 13: You can follow me at Brian Glenn TV on Twitter, 353 00:18:58,520 --> 00:19:01,200 Speaker 13: on Instagram, at Brian on True Social and at Brian 354 00:19:01,200 --> 00:19:03,600 Speaker 13: Glyn TV on gatter. I'll be providing a little bit 355 00:19:03,680 --> 00:19:06,359 Speaker 13: behind the scenes stuff today here as we wait for 356 00:19:06,440 --> 00:19:07,200 Speaker 13: him to arrive. 357 00:19:09,320 --> 00:19:11,840 Speaker 1: Brian, great job, see you back here at eleven. President 358 00:19:11,840 --> 00:19:15,639 Speaker 1: of Salvagnor will arrive and if the timing could not 359 00:19:15,720 --> 00:19:18,040 Speaker 1: be more perfect. The Supreme Court is now insert themselves 360 00:19:18,040 --> 00:19:20,639 Speaker 1: course left wing media. That's all they're talking about, like 361 00:19:20,720 --> 00:19:24,360 Speaker 1: the Great War, the Chinese Communist Party, which we have said, 362 00:19:24,359 --> 00:19:27,200 Speaker 1: they've been at war for us with us for many years, 363 00:19:27,280 --> 00:19:30,160 Speaker 1: unrestricted warfare and then a people's war starting in May 364 00:19:30,600 --> 00:19:34,359 Speaker 1: of twenty nineteen. Remember May of twenty nineteen still the 365 00:19:34,400 --> 00:19:39,280 Speaker 1: most important I think a month for geopolitics in the 366 00:19:39,280 --> 00:19:41,840 Speaker 1: twenty first century. Frank Gaffney from the Committee on the 367 00:19:41,840 --> 00:19:45,120 Speaker 1: President Danger of China. Frank, during the week, we're gonna 368 00:19:45,119 --> 00:19:47,960 Speaker 1: have much more of a drill down on exactly what's 369 00:19:48,000 --> 00:19:53,640 Speaker 1: going on. But we have so many potential weapons, technologically, 370 00:19:53,920 --> 00:19:56,639 Speaker 1: capital markets. I mean, this is folks. This is not 371 00:19:56,680 --> 00:19:59,720 Speaker 1: about tariffs, and it's not about trade. That is a 372 00:20:00,000 --> 00:20:02,520 Speaker 1: sortant part of it. But as Stephen Miller did such 373 00:20:02,520 --> 00:20:06,600 Speaker 1: a great job yesterday, this is two systems, and we 374 00:20:06,680 --> 00:20:10,480 Speaker 1: gave them the option President Trump for two years with 375 00:20:10,600 --> 00:20:14,240 Speaker 1: Bob Leiedheiser and Peter Navarre and the vice chairman of 376 00:20:14,280 --> 00:20:17,960 Speaker 1: the Chinese Commists Party, Lehu, negotiate a fundamental deal to 377 00:20:18,040 --> 00:20:24,400 Speaker 1: integrate them into an ordered global economic system, of which 378 00:20:24,440 --> 00:20:27,880 Speaker 1: they spit in President Trump's face. And then shortly thereafter 379 00:20:28,000 --> 00:20:32,080 Speaker 1: you had the Military Games in Wuhan, just a random place, 380 00:20:32,119 --> 00:20:35,200 Speaker 1: the World Military Games, of which people started to get 381 00:20:35,280 --> 00:20:38,760 Speaker 1: sick from guess what a virus coming from the Wuhan lab. 382 00:20:38,800 --> 00:20:41,040 Speaker 1: That was about one hundred days after they spit in 383 00:20:41,359 --> 00:20:44,159 Speaker 1: our face and said we will totally decouple and go 384 00:20:44,240 --> 00:20:47,600 Speaker 1: it alone. Frank Gafferty, your assessment of where we are 385 00:20:47,600 --> 00:20:50,280 Speaker 1: in this global conflict with the Chinese Communist Party. 386 00:20:51,520 --> 00:20:55,199 Speaker 9: Well, see that chronology was I think very important. I 387 00:20:55,200 --> 00:21:00,920 Speaker 9: would just add that in the years since nineteen and 388 00:21:01,000 --> 00:21:05,760 Speaker 9: since the COVID biological warfare attack, and that is what 389 00:21:05,840 --> 00:21:08,600 Speaker 9: it was, however, got out of the lab. Once it 390 00:21:08,720 --> 00:21:14,680 Speaker 9: was out, the Chinese deliberately sent it here to kill Americans, 391 00:21:15,040 --> 00:21:19,560 Speaker 9: among others around the world. We've had other developments, of course, 392 00:21:19,880 --> 00:21:22,400 Speaker 9: and some of the most important of them, I think 393 00:21:22,680 --> 00:21:26,680 Speaker 9: involve things that you've been covering relentlessly and properly so, 394 00:21:27,000 --> 00:21:30,760 Speaker 9: including the war in Ukraine and the war in the 395 00:21:30,760 --> 00:21:33,800 Speaker 9: Middle East, both of which I believe are examples of 396 00:21:34,400 --> 00:21:41,400 Speaker 9: strategic arson by xijingping leading up to quite possibly other 397 00:21:41,920 --> 00:21:44,720 Speaker 9: incidents of it. We've got the problem on the Korean 398 00:21:44,760 --> 00:21:47,840 Speaker 9: Peninsula that you touched on earlier. We've got, of course, 399 00:21:48,280 --> 00:21:51,960 Speaker 9: even in our own hemisphere challenges, whether it's Panama, whether 400 00:21:52,000 --> 00:21:56,320 Speaker 9: it's possibly Venezuela and Guyana. I mean, these are places 401 00:21:56,359 --> 00:22:03,040 Speaker 9: where Ji has been lighting sparks to distract us, to 402 00:22:03,080 --> 00:22:07,160 Speaker 9: tie us down, and most especially to expend our limited 403 00:22:07,760 --> 00:22:12,360 Speaker 9: arsenal our kit to the point where when he decides 404 00:22:12,400 --> 00:22:15,800 Speaker 9: to move, and whether it's directly at Taiwan, or whether 405 00:22:15,800 --> 00:22:17,960 Speaker 9: it's Taiwan and the Philippines, or whether it's Taiwan and 406 00:22:17,960 --> 00:22:20,600 Speaker 9: the Philippines and Japan, whether it's the Guam, whether it's 407 00:22:20,720 --> 00:22:24,960 Speaker 9: here in the United States. He is now positioned to 408 00:22:25,160 --> 00:22:29,120 Speaker 9: engage in another kind of warfare, one that they've prepared 409 00:22:29,160 --> 00:22:33,639 Speaker 9: for for decades, a shooting war. And the piece of 410 00:22:33,680 --> 00:22:36,560 Speaker 9: this that is so important we talked about it on Saturday, Steve, 411 00:22:36,720 --> 00:22:42,040 Speaker 9: is we have been financing the preparations for the war 412 00:22:42,119 --> 00:22:44,920 Speaker 9: that will kill Americans, and not just servicemen and women 413 00:22:44,960 --> 00:22:49,159 Speaker 9: probably in the Western Pacific, but also very likely Americans 414 00:22:49,160 --> 00:22:52,159 Speaker 9: here at home. One of the things that is exciting 415 00:22:52,240 --> 00:22:56,000 Speaker 9: to me, Steve, in all of this, the heightened awareness 416 00:22:56,000 --> 00:22:59,800 Speaker 9: that the President has brought to the yes war that 417 00:22:59,880 --> 00:23:04,480 Speaker 9: is underway against us. He's been focused mostly on the 418 00:23:04,560 --> 00:23:08,320 Speaker 9: predatory trade practices of China, but it's a symptom, as 419 00:23:08,359 --> 00:23:12,640 Speaker 9: you said, a symptom of what I think is properly 420 00:23:12,680 --> 00:23:15,960 Speaker 9: described not as World War three, but as World War 421 00:23:16,040 --> 00:23:19,359 Speaker 9: G and why we need now to be using the 422 00:23:19,480 --> 00:23:22,359 Speaker 9: leverage that we have that he hasn't really tapped though. 423 00:23:23,200 --> 00:23:25,479 Speaker 9: On the twenty first of February. To his great credit, 424 00:23:25,520 --> 00:23:29,359 Speaker 9: the President laid out in a National Security Presidential Memorandum 425 00:23:29,680 --> 00:23:32,560 Speaker 9: a basis for doing so. He calls it the America 426 00:23:32,600 --> 00:23:37,159 Speaker 9: First investment policy. We need to use our financial capital 427 00:23:37,480 --> 00:23:41,680 Speaker 9: leverage on the Chinese Communist Party to make it more 428 00:23:41,800 --> 00:23:45,840 Speaker 9: difficult for them to contemplate the next steps that they 429 00:23:46,320 --> 00:23:51,320 Speaker 9: are in fact now prepared to utilize. And interestingly enough, 430 00:23:51,520 --> 00:23:56,120 Speaker 9: as we talked about Steve on Friday, two things happened. 431 00:23:57,119 --> 00:24:00,600 Speaker 9: One Larry Fink, one of the world first of the 432 00:24:00,640 --> 00:24:04,119 Speaker 9: Wall Street guys when it comes to investing in China 433 00:24:04,200 --> 00:24:08,840 Speaker 9: and trying to enable their well military among other capabilities, 434 00:24:09,440 --> 00:24:15,320 Speaker 9: said to Liz Claiman on Fox Business. If the US 435 00:24:15,400 --> 00:24:19,879 Speaker 9: government determines that there is a nefarious Chinese company, we 436 00:24:20,000 --> 00:24:23,520 Speaker 9: need to delist them in our capital markets. Well, not 437 00:24:23,600 --> 00:24:25,359 Speaker 9: just delist, we need to make sure that we're not 438 00:24:25,440 --> 00:24:27,840 Speaker 9: trading in them. And the key test here is going 439 00:24:27,880 --> 00:24:32,080 Speaker 9: to be is Larry Fink going to divest from the 440 00:24:32,080 --> 00:24:34,720 Speaker 9: nefarious companies he's gotten, by the way, not just the 441 00:24:34,760 --> 00:24:38,600 Speaker 9: ones listed, but also the A shares out of China 442 00:24:38,720 --> 00:24:41,359 Speaker 9: and maybe eight shares as well that he has put 443 00:24:41,400 --> 00:24:44,679 Speaker 9: into a lot of people's portfolios and again, folks, this 444 00:24:44,840 --> 00:24:47,760 Speaker 9: is your money that they're playing with. And one other 445 00:24:47,840 --> 00:24:51,879 Speaker 9: quick data point Steve. Also on Friday, Kevin O'Leary of 446 00:24:51,920 --> 00:24:56,840 Speaker 9: Shark Tank tumbled onto something that was hugely important, and 447 00:24:56,880 --> 00:25:01,520 Speaker 9: that is the idea that we've got a memorandum of understanding. 448 00:25:01,520 --> 00:25:03,320 Speaker 9: He didn't put it quite this way, but that's how 449 00:25:03,359 --> 00:25:08,480 Speaker 9: this has happened. Joe Biden initiated a memorandum of understanding 450 00:25:08,520 --> 00:25:12,840 Speaker 9: that gave the Chinese communists privileged access to our capital markets, 451 00:25:13,320 --> 00:25:16,560 Speaker 9: and O'Leary was saying, my companies don't get that treatment. 452 00:25:16,680 --> 00:25:20,480 Speaker 9: Nobody else's companies do, not any of ours, not anybody's overseas, 453 00:25:20,920 --> 00:25:24,159 Speaker 9: and they're using this to transfer trillions of dollars to 454 00:25:24,200 --> 00:25:28,000 Speaker 9: the Chinese people's liberation farming at other nefarious outfits. 455 00:25:28,280 --> 00:25:30,960 Speaker 1: The fight. The fight is against the lords of Easymnium, 456 00:25:30,960 --> 00:25:35,600 Speaker 1: Wall Street and the sociopathic are apartheid state of in 457 00:25:35,760 --> 00:25:38,680 Speaker 1: Silicon Valley, in the big corporatus Frank. Where do people 458 00:25:38,680 --> 00:25:41,040 Speaker 1: go to get committean present danger. We got one great 459 00:25:41,040 --> 00:25:43,760 Speaker 1: webinar after another. People need to get it. Those not 460 00:25:43,840 --> 00:25:46,360 Speaker 1: already have to speed, which most our audience, a lot 461 00:25:46,359 --> 00:25:50,000 Speaker 1: of our new audience, including any real time with Bill Maher. 462 00:25:50,359 --> 00:25:52,199 Speaker 1: Folks that are tuning in today, where do they go 463 00:25:52,240 --> 00:25:53,440 Speaker 1: to get your great content? 464 00:25:54,600 --> 00:25:57,560 Speaker 9: Well, my personal is that ex at Frank Effney and 465 00:25:59,280 --> 00:26:03,560 Speaker 9: US Future do or Institute for the American Future, but 466 00:26:03,720 --> 00:26:07,440 Speaker 9: also Steve two really important resources committee on the Present 467 00:26:07,520 --> 00:26:10,159 Speaker 9: Danger China is Present Danger China dot org and the 468 00:26:10,200 --> 00:26:15,800 Speaker 9: other is Securing America at substack dot com. 469 00:26:16,240 --> 00:26:18,679 Speaker 1: Thank you Frank. All week, we're going to be drilling 470 00:26:18,760 --> 00:26:20,320 Speaker 1: down on this. We're going to go back to what 471 00:26:20,440 --> 00:26:24,560 Speaker 1: Ray Dalio said about this breakdown of the international monetary order. 472 00:26:25,680 --> 00:26:27,680 Speaker 1: One way that you can get up to speed, take 473 00:26:27,720 --> 00:26:30,560 Speaker 1: your phone out text abandon b A N N O 474 00:26:30,920 --> 00:26:33,520 Speaker 1: at nine eight nine eight ninety eight. Get you're connected 475 00:26:33,520 --> 00:26:37,120 Speaker 1: to Birch Gold and get the ultimate guide to investing 476 00:26:37,160 --> 00:26:40,800 Speaker 1: in golden precious metals in the era of Trump. Gold's 477 00:26:40,840 --> 00:26:43,280 Speaker 1: over thirty two hundred this morning. Maybe it's now time 478 00:26:43,280 --> 00:26:46,040 Speaker 1: for you to understand some pattern recognition. We're here to 479 00:26:46,119 --> 00:26:50,040 Speaker 1: teach you. It's all that great free information, short commercial break. 480 00:26:50,720 --> 00:26:53,520 Speaker 1: We're going to drill down more on what's really at 481 00:26:53,600 --> 00:26:57,560 Speaker 1: stake here for the nation, for your community, your family, 482 00:26:57,640 --> 00:26:58,760 Speaker 1: and yourself. 483 00:26:58,359 --> 00:27:00,480 Speaker 14: Next to the world with them, and that's part of 484 00:27:00,560 --> 00:27:03,919 Speaker 14: ensuring Chinese influence did not control that canal. It's in 485 00:27:04,160 --> 00:27:08,320 Speaker 14: our direct US interest will to ensure that waterway is 486 00:27:08,400 --> 00:27:10,879 Speaker 14: free and that our ships can transit freely. 487 00:27:10,960 --> 00:27:14,520 Speaker 1: So it was two historic arrangements that serve. 488 00:27:14,359 --> 00:27:16,840 Speaker 14: American interests, and it would never have happened without President Trump, 489 00:27:16,880 --> 00:27:20,800 Speaker 14: without President Trump saying this is important. China can't have it. 490 00:27:21,160 --> 00:27:24,480 Speaker 14: China didn't build it, China won't operate it. This is 491 00:27:24,560 --> 00:27:26,800 Speaker 14: key terrain for the USN for Panama, and we'll partner 492 00:27:26,840 --> 00:27:28,040 Speaker 14: together to keep China out. 493 00:27:30,240 --> 00:27:33,240 Speaker 1: Okay, that's part of this global expanding world. Let me 494 00:27:33,280 --> 00:27:37,840 Speaker 1: go back to Caroline rent in Dubai. Here's the point 495 00:27:38,000 --> 00:27:42,040 Speaker 1: is that these countries we need trading partners. Of course, 496 00:27:42,119 --> 00:27:44,080 Speaker 1: none of them have stood up and said, hey, what 497 00:27:44,080 --> 00:27:47,240 Speaker 1: we're saying about Russell Prosty is wrong. They know they've 498 00:27:47,240 --> 00:27:48,960 Speaker 1: been doing this for years. There is a way to 499 00:27:49,000 --> 00:27:52,600 Speaker 1: have a trading order that puts America first, and puts 500 00:27:52,640 --> 00:27:55,600 Speaker 1: American assistance first, and most importantly starts to bring back 501 00:27:55,720 --> 00:28:00,520 Speaker 1: high value added manufacturing to the United States. And know 502 00:28:01,040 --> 00:28:03,600 Speaker 1: Howard Lutnick is not going to all be done by robots. 503 00:28:03,680 --> 00:28:06,119 Speaker 1: We're not doing this. So we can set up some 504 00:28:06,320 --> 00:28:09,199 Speaker 1: robots have a better life. In fact, I don't know 505 00:28:09,240 --> 00:28:12,840 Speaker 1: why Lutnik is still doing media. Let me be blunt. Lutnick, 506 00:28:12,840 --> 00:28:16,359 Speaker 1: who is Elon's pick for Secretary Treasury. I think he's 507 00:28:16,480 --> 00:28:20,080 Speaker 1: close to being an unmitigated disaster. We should see a 508 00:28:20,119 --> 00:28:25,040 Speaker 1: lot less of Lutnik on TV, Hassett Navarro, Jamison Greer, 509 00:28:25,080 --> 00:28:27,239 Speaker 1: the Trade rep and particularly Scott Besson. And I think 510 00:28:27,359 --> 00:28:31,000 Speaker 1: Besson's being very smart in choosing and being very selective 511 00:28:31,000 --> 00:28:33,280 Speaker 1: on the media. We have to have a clear message 512 00:28:33,320 --> 00:28:35,560 Speaker 1: and people understand what the process is, and we have 513 00:28:35,640 --> 00:28:39,320 Speaker 1: a process. It's a very well thought through in this Oh, 514 00:28:39,440 --> 00:28:42,120 Speaker 1: by the way, Steven Miller should be doing more about 515 00:28:42,120 --> 00:28:45,000 Speaker 1: trade and about this new economic order that we're trying 516 00:28:45,040 --> 00:28:48,520 Speaker 1: to hammer through and not allow Wall Street and the 517 00:28:48,560 --> 00:28:51,800 Speaker 1: corporatus in Silicon Valley to essentially give everything away to 518 00:28:51,840 --> 00:28:54,920 Speaker 1: the Chinese Counties party. Isn't it interesting when you talk 519 00:28:54,920 --> 00:28:58,840 Speaker 1: about deficits Folks get back to Ray Dalio, which we're 520 00:28:58,880 --> 00:29:01,800 Speaker 1: the first to highlight when he did the CNBC interview 521 00:29:01,920 --> 00:29:04,160 Speaker 1: ten days ago, and that's how I'm sure the people 522 00:29:04,160 --> 00:29:06,360 Speaker 1: at NBC said, Hey, this must be important. We'll put 523 00:29:06,400 --> 00:29:10,880 Speaker 1: them on. Kristen Welker right on Meat the Press. His 524 00:29:11,120 --> 00:29:16,560 Speaker 1: discussion about a collapse of the global monetary order is 525 00:29:16,600 --> 00:29:19,200 Speaker 1: about Breton Woods and what we set up post World 526 00:29:19,280 --> 00:29:22,680 Speaker 1: War Two. Well, here's the trading part. The commercial part 527 00:29:22,760 --> 00:29:26,440 Speaker 1: doesn't work anymore, hasn't worked for years. How do I 528 00:29:26,480 --> 00:29:30,320 Speaker 1: know it's not working because that's the two trade and 529 00:29:30,360 --> 00:29:33,760 Speaker 1: dollar deficit. What's the two tree and dollar deficit? About 530 00:29:33,920 --> 00:29:37,239 Speaker 1: Number one, you're not generating enough tax revenue from your 531 00:29:37,280 --> 00:29:41,360 Speaker 1: own corporations because you're doing you're not creating high value 532 00:29:41,360 --> 00:29:44,680 Speaker 1: adding manufacturing. So people don't have higher wages, so they're 533 00:29:44,720 --> 00:29:47,720 Speaker 1: not taxed even in the lower brackets. Right, they're not 534 00:29:47,800 --> 00:29:50,160 Speaker 1: tax more because they're more jobs. They are making more money, 535 00:29:50,200 --> 00:29:52,800 Speaker 1: their wages are higher. Also, the corporations are not making 536 00:29:52,800 --> 00:29:56,360 Speaker 1: more money because they're not doing high value added manufacturing. 537 00:29:57,120 --> 00:30:01,120 Speaker 1: In addition, we're underwriting the entire defense apparatus. This is 538 00:30:01,120 --> 00:30:03,040 Speaker 1: why we have a trillion dollars and a train dollars 539 00:30:03,080 --> 00:30:04,520 Speaker 1: are not happy with. They're trying to put in this 540 00:30:04,600 --> 00:30:07,920 Speaker 1: reconciliation another one hundred and fifty billion dollars. They want 541 00:30:07,960 --> 00:30:11,560 Speaker 1: over a trellion dollars. Those two aspects of it lead 542 00:30:11,680 --> 00:30:14,320 Speaker 1: us to have with other things too, but at least 543 00:30:14,360 --> 00:30:17,640 Speaker 1: they have a two trillion dollar deficit. It's not sustainable. 544 00:30:18,480 --> 00:30:21,400 Speaker 1: When these people are on TV whining and whining and whining, 545 00:30:21,680 --> 00:30:24,400 Speaker 1: tell me what the alternative is. Give me alternative. You 546 00:30:24,400 --> 00:30:29,000 Speaker 1: don't like this plan, which is basically reindustrialized America and 547 00:30:29,080 --> 00:30:31,520 Speaker 1: bring back high value at a manufacturing job so people 548 00:30:31,520 --> 00:30:34,959 Speaker 1: can actually have things called families around one way journer, 549 00:30:35,320 --> 00:30:37,840 Speaker 1: whether that be the husband or the wife. You pick them, 550 00:30:38,000 --> 00:30:41,360 Speaker 1: that's your choice and your family. Tell me what the 551 00:30:41,360 --> 00:30:44,480 Speaker 1: alternative is. This is not We're not living in an alternative. 552 00:30:44,480 --> 00:30:46,240 Speaker 1: That's how you have thirty six tree and a dead 553 00:30:46,440 --> 00:30:48,600 Speaker 1: That's how you have a trillion dollars every hundred days. 554 00:30:48,760 --> 00:30:51,040 Speaker 1: That's how you have a new budget. This reconciliation, and 555 00:30:51,080 --> 00:30:53,320 Speaker 1: let me be blunt. The reconciliation right now, as I 556 00:30:53,400 --> 00:30:56,720 Speaker 1: see is a fantasy. It's a fantasy. It's a dangerous fantasy, 557 00:30:56,720 --> 00:31:00,720 Speaker 1: and it shows a political class on Capitol Hill that's 558 00:31:00,800 --> 00:31:03,479 Speaker 1: not prepared as they have not been prepared for decade 559 00:31:03,520 --> 00:31:06,320 Speaker 1: after decade after decade to actually get to the heart 560 00:31:06,320 --> 00:31:08,320 Speaker 1: of the matter. And please don't give me the phony 561 00:31:08,480 --> 00:31:12,240 Speaker 1: limited government, republican tiny town. Oh we're for liberty. We're 562 00:31:12,280 --> 00:31:14,640 Speaker 1: for the Constitution, We're for all you guys do is 563 00:31:14,680 --> 00:31:17,360 Speaker 1: allow and vote. And when they do vote to cut. 564 00:31:18,160 --> 00:31:20,400 Speaker 1: The biggest scam they got is they cut in the outyears. 565 00:31:20,680 --> 00:31:23,600 Speaker 1: These are ten year budgets and they're saying, hey, we 566 00:31:23,720 --> 00:31:27,160 Speaker 1: have conservative wins. This is one point five trillion dollars 567 00:31:27,640 --> 00:31:30,840 Speaker 1: of one point five trillion dollars of cuts. Well, folks, 568 00:31:30,840 --> 00:31:33,800 Speaker 1: that's over ten years. That's in I think the analysis 569 00:31:34,000 --> 00:31:37,680 Speaker 1: was done. It's an eighty six trillion dollars of spending. 570 00:31:38,080 --> 00:31:40,040 Speaker 1: And those cuts will never happen because they're all on 571 00:31:40,080 --> 00:31:43,760 Speaker 1: the out years. This is restructuring what Ray Dalio and 572 00:31:43,880 --> 00:31:47,320 Speaker 1: Ray Dalyo is a guy that made his money in China. 573 00:31:47,680 --> 00:31:51,360 Speaker 1: Bridgewater is one of the leading private equity firms that hey, 574 00:31:51,360 --> 00:31:53,920 Speaker 1: guess what ship the factories over there? So it's not 575 00:31:54,040 --> 00:31:56,240 Speaker 1: like his hands are clean. But he's a smart guy. 576 00:31:57,200 --> 00:32:00,400 Speaker 1: He sees the change when he goes back. Remember when 577 00:32:00,400 --> 00:32:02,520 Speaker 1: he's talking about the collapse of the monetary order in 578 00:32:02,560 --> 00:32:05,960 Speaker 1: this order, he did not say President Trump, what President 579 00:32:05,960 --> 00:32:08,480 Speaker 1: Trump's do and he doesn't agree with it. He didn't 580 00:32:08,520 --> 00:32:11,360 Speaker 1: say that was the main villain. The main villain here 581 00:32:11,760 --> 00:32:15,440 Speaker 1: and the reason the bond market, I believe froze up 582 00:32:15,520 --> 00:32:17,200 Speaker 1: last week and the bond market is going to have 583 00:32:17,240 --> 00:32:19,480 Speaker 1: a vote here, folks, The bond market's going on the 584 00:32:19,480 --> 00:32:21,560 Speaker 1: big beautiful bill. The bond market has got to vote, 585 00:32:21,560 --> 00:32:23,920 Speaker 1: whether you like it or not, They're going to have 586 00:32:23,920 --> 00:32:27,400 Speaker 1: a vote on this. And what they said their principal 587 00:32:27,800 --> 00:32:31,240 Speaker 1: concern was the Reconciliation Bill that once again just has 588 00:32:31,600 --> 00:32:35,880 Speaker 1: unlimited spending. It's going to come down to this audience. 589 00:32:35,920 --> 00:32:38,480 Speaker 1: I can see it now. This is not this is 590 00:32:38,560 --> 00:32:40,960 Speaker 1: not that complicated. This is going to come down to 591 00:32:41,040 --> 00:32:45,239 Speaker 1: a big nasty fight where you in this show are 592 00:32:45,280 --> 00:32:47,560 Speaker 1: going to be called every nasty name in the world 593 00:32:47,840 --> 00:32:53,800 Speaker 1: because we're sitting there going no sorry about that. No no, no, no, no, 594 00:32:53,800 --> 00:32:56,240 Speaker 1: no no. You can't do this. You're burying the nation. 595 00:32:56,720 --> 00:32:58,680 Speaker 1: And we have to have a partners conversation. I have 596 00:32:58,720 --> 00:33:01,520 Speaker 1: to have to be realist. There were twenty five to 597 00:33:01,640 --> 00:33:05,120 Speaker 1: forty votes, know to get this thing through, and a 598 00:33:05,200 --> 00:33:08,520 Speaker 1: compromiser's reach that, hey, we're going to take care of 599 00:33:08,520 --> 00:33:10,640 Speaker 1: it in the process. Have you heard that one before? 600 00:33:11,360 --> 00:33:13,520 Speaker 1: Did you hear that on the cr Have you heard 601 00:33:13,520 --> 00:33:15,160 Speaker 1: that before? We're going to take care of it. Okay, 602 00:33:15,160 --> 00:33:16,760 Speaker 1: We're going to see what taking care of it means. 603 00:33:16,800 --> 00:33:20,000 Speaker 1: Taking care of it does not mean a defense budget 604 00:33:20,000 --> 00:33:23,680 Speaker 1: that's over trellion dollars. And I'm a hawk, but I 605 00:33:23,720 --> 00:33:26,520 Speaker 1: consider it be a When I'm a hawk, use every 606 00:33:26,560 --> 00:33:28,760 Speaker 1: tool in the toolbox. What do you think she is 607 00:33:28,800 --> 00:33:32,440 Speaker 1: doing right now? She is Underwright. He's got a coup 608 00:33:32,480 --> 00:33:34,880 Speaker 1: in South and South Korea, one of our greatest allies, 609 00:33:34,880 --> 00:33:37,680 Speaker 1: a coop in South Korea to remove the basically the 610 00:33:37,720 --> 00:33:41,360 Speaker 1: pro Western government driven by the Chinese Commedties Party. Full stop. 611 00:33:41,680 --> 00:33:44,520 Speaker 1: You've got massive infiltration into Japan. They're the first guys 612 00:33:44,520 --> 00:33:46,960 Speaker 1: to say, as they try to re arm, you've got 613 00:33:46,960 --> 00:33:48,800 Speaker 1: this group over the past was all financed by the 614 00:33:48,880 --> 00:33:53,040 Speaker 1: Chinese Comedies Party. They've done military exercises like they're prepping 615 00:33:53,080 --> 00:33:57,080 Speaker 1: for Pearl Harbor right like the Japanese fleet did outside 616 00:33:57,120 --> 00:33:59,800 Speaker 1: of Tokyo for about two months. They're doing it right 617 00:33:59,840 --> 00:34:03,920 Speaker 1: in doing a full flex around Taiwan to say, Seventh Fleet, 618 00:34:04,120 --> 00:34:07,280 Speaker 1: bring it. He's down in South he's down in Southeast 619 00:34:07,320 --> 00:34:11,359 Speaker 1: Asia today around the Loatoral nations of the South China Sea. 620 00:34:11,800 --> 00:34:15,359 Speaker 1: And he's not cutting deals, he's imposing deals. He's saying, 621 00:34:15,400 --> 00:34:17,640 Speaker 1: here's what you're going to take. If you don't like it, 622 00:34:17,760 --> 00:34:21,400 Speaker 1: that's your problem. This is kind of our terrain because 623 00:34:21,400 --> 00:34:24,319 Speaker 1: we're imperial Japan, and he's doing the same thing on 624 00:34:24,400 --> 00:34:26,520 Speaker 1: Indian up there in the border. He's gotten a border 625 00:34:26,560 --> 00:34:30,960 Speaker 1: conflict now with Pakistan. Geopolitically, on his chessboard, he is 626 00:34:31,040 --> 00:34:34,799 Speaker 1: securing East Asia and Southeast Asia to say, hey, United 627 00:34:34,840 --> 00:34:37,480 Speaker 1: States and your three island chain and vast Pacific, I 628 00:34:37,520 --> 00:34:41,000 Speaker 1: see what you're doing. Geopolitically, I'll see an iras your one. 629 00:34:41,360 --> 00:34:44,640 Speaker 1: I will basically consolidate East Asia and Southeast Asia, so 630 00:34:44,680 --> 00:34:46,560 Speaker 1: I will take that part of the Eurasian land mass, 631 00:34:46,600 --> 00:34:48,640 Speaker 1: and then let's see what tough guys you are. Is 632 00:34:48,920 --> 00:34:51,400 Speaker 1: I'm in Brazil, I'm in Central America, and guess what, 633 00:34:51,960 --> 00:34:54,440 Speaker 1: the cartels are still my partner. And I understand the 634 00:34:54,480 --> 00:34:57,799 Speaker 1: TARIFFSA cut fentanyl by fifty percent, and I understand you 635 00:34:57,880 --> 00:35:00,640 Speaker 1: say you're going to come down with kinetic with kinetic 636 00:35:00,760 --> 00:35:03,640 Speaker 1: forces and blow these guys out of the water. But 637 00:35:03,680 --> 00:35:06,600 Speaker 1: guess what, they're still my partners. And I think we're 638 00:35:06,920 --> 00:35:10,560 Speaker 1: doing pretty good because with the weakness in Canada, and 639 00:35:10,640 --> 00:35:13,560 Speaker 1: Canada is one of the most infiltrated nations on this Earth, 640 00:35:13,600 --> 00:35:18,080 Speaker 1: by the Chinese Communist Party. Given what Castro's Sun did 641 00:35:18,120 --> 00:35:21,280 Speaker 1: and allowed them to do over the last twenty years, 642 00:35:21,520 --> 00:35:23,880 Speaker 1: they're feeling pretty good. Yeah. I think we got the 643 00:35:23,960 --> 00:35:26,880 Speaker 1: United States exactly what we're going now. We have every 644 00:35:27,120 --> 00:35:31,400 Speaker 1: powerful tool in the toolbox because they don't exist unless 645 00:35:31,400 --> 00:35:36,040 Speaker 1: they have number one, access to our capital, both debt, inequity, okay, 646 00:35:36,280 --> 00:35:40,160 Speaker 1: number two the ability to take our technology. And have 647 00:35:40,280 --> 00:35:45,120 Speaker 1: you heard anybody but war room screaming about the thirty 648 00:35:45,120 --> 00:35:46,840 Speaker 1: tree and dollars Because we talk about deficits of the 649 00:35:46,920 --> 00:35:49,520 Speaker 1: thirty six trillion dollars in debt, we have the two 650 00:35:49,600 --> 00:35:52,360 Speaker 1: tree and dollars of deficits every year, we have twenty 651 00:35:52,400 --> 00:35:56,279 Speaker 1: five treeion dollars deficits of a trade deficit eighteen tree 652 00:35:56,320 --> 00:35:59,280 Speaker 1: in just since China, since our elites brought China into 653 00:35:59,320 --> 00:36:02,440 Speaker 1: the game, teen tree and dollars just with China. Oh, 654 00:36:02,480 --> 00:36:06,880 Speaker 1: by the way, intellectual property thirty traeon dollars okay. And 655 00:36:06,920 --> 00:36:09,319 Speaker 1: do you have anybody in silicond of evaluation now because 656 00:36:09,320 --> 00:36:12,000 Speaker 1: they don't mind the Chinese taking it? What do you 657 00:36:12,000 --> 00:36:16,720 Speaker 1: think you got? You've got all these venture capital funds 658 00:36:17,160 --> 00:36:18,839 Speaker 1: right that are open to if I can do it 659 00:36:19,000 --> 00:36:20,680 Speaker 1: to create a joint venture and let them take the 660 00:36:20,760 --> 00:36:22,920 Speaker 1: as long as we get access to the Chinese market, 661 00:36:22,920 --> 00:36:25,440 Speaker 1: as long as we get access to their cheap labor. 662 00:36:26,040 --> 00:36:28,120 Speaker 1: If they need to take our intellectual property, they can 663 00:36:28,160 --> 00:36:31,680 Speaker 1: take it, because hey, it's just created American universities or 664 00:36:31,800 --> 00:36:34,080 Speaker 1: the small companies, and the citizens of the United States 665 00:36:34,120 --> 00:36:37,319 Speaker 1: who essentially paid for it are getting stiff Hell, we 666 00:36:37,360 --> 00:36:40,280 Speaker 1: stiffed them on trade, we're stiffing them on capital markets. 667 00:36:41,040 --> 00:36:46,120 Speaker 1: What Kevin O'Leary saying over the weekend, the mlu Biden 668 00:36:46,200 --> 00:36:49,680 Speaker 1: signed gave the Chinese preferred access to our capital markets. 669 00:36:49,719 --> 00:36:51,759 Speaker 1: Number One, they don't even have to get audited. They're 670 00:36:51,800 --> 00:36:55,200 Speaker 1: audited by Chinese auditors. How many times they found the 671 00:36:55,239 --> 00:36:57,120 Speaker 1: scam that you go into the Chinese companies, you've got the 672 00:36:57,120 --> 00:36:59,840 Speaker 1: same guy. It's a CFO at like three different companies 673 00:37:00,520 --> 00:37:03,560 Speaker 1: right under different names and cooking the books, three different 674 00:37:03,560 --> 00:37:07,239 Speaker 1: sets of ways. The total deal is rigged from the 675 00:37:07,280 --> 00:37:11,000 Speaker 1: top to the bottom. It's rigged. And your tax dollars 676 00:37:11,160 --> 00:37:15,759 Speaker 1: and worse, the little bit of retirement money you have 677 00:37:16,360 --> 00:37:19,840 Speaker 1: that's managed by the Oregon State Pension Fund or kalpurs, 678 00:37:19,960 --> 00:37:23,720 Speaker 1: the Alabama Teachers Fund, all of that the firemen, the cops, 679 00:37:23,760 --> 00:37:26,560 Speaker 1: the teachers. You you're a little bit of the thing 680 00:37:26,600 --> 00:37:29,799 Speaker 1: you put away. That's all driven, that's under ridden. That's 681 00:37:29,840 --> 00:37:35,000 Speaker 1: the equity capital the underwrote the jobs leaving. The part 682 00:37:35,040 --> 00:37:38,120 Speaker 1: of this that's the Greek tragedy is that the very 683 00:37:38,239 --> 00:37:42,280 Speaker 1: people that played by the rules, i e. The American worker, 684 00:37:42,360 --> 00:37:44,840 Speaker 1: the American middle class and working class, the very folks, 685 00:37:45,440 --> 00:37:50,600 Speaker 1: the good housekeepers that husband their resources, that did exactly 686 00:37:50,600 --> 00:37:53,879 Speaker 1: what they were supposed to do in doing that, they 687 00:37:53,920 --> 00:37:58,879 Speaker 1: got screwed their tax dollars, what they underwrote to the universities, 688 00:37:58,960 --> 00:38:02,160 Speaker 1: their pension funds therefore or one k's that's what paid 689 00:38:02,160 --> 00:38:05,520 Speaker 1: for all of it. In Wall Street, the global corporatists 690 00:38:05,600 --> 00:38:08,799 Speaker 1: domiciled here in this country and Silicon Valley, Oh, let's 691 00:38:08,800 --> 00:38:12,000 Speaker 1: go in Hollywood, as they were sending the films over there, 692 00:38:12,080 --> 00:38:15,839 Speaker 1: all skimmed twenty percent off the top, essentially for themselves. 693 00:38:17,520 --> 00:38:20,120 Speaker 1: That's the reality of what happened, and that is what 694 00:38:20,200 --> 00:38:22,480 Speaker 1: Predident Trump is trying to do. So this is more 695 00:38:22,520 --> 00:38:24,479 Speaker 1: than a terriff, it's more than a trade. This gets 696 00:38:24,520 --> 00:38:28,200 Speaker 1: down to a unrestricted warfare. The Chinese Commanist Party has 697 00:38:28,320 --> 00:38:31,239 Speaker 1: run against the West for about twenty five years when 698 00:38:31,280 --> 00:38:33,960 Speaker 1: they came to the conclusion after the Gulf War, these 699 00:38:34,040 --> 00:38:37,399 Speaker 1: colonels looked at and says, hey, foreign devils have really 700 00:38:37,400 --> 00:38:40,480 Speaker 1: good military technology. And guess what, they're very courageous and 701 00:38:40,600 --> 00:38:42,560 Speaker 1: very brave. I'm not so sure we can beat them, 702 00:38:42,920 --> 00:38:45,640 Speaker 1: Mono amano. You know they believe in Nelson's theory. Pull 703 00:38:45,680 --> 00:38:48,040 Speaker 1: the thing up alongside unsheet the guns. Let's get it 704 00:38:48,080 --> 00:38:52,160 Speaker 1: on right. That philosophy is not sun zoos son zoom. No, no, no, no, 705 00:38:52,160 --> 00:38:53,680 Speaker 1: We're not gonna do that, because we're gonna lose. We've 706 00:38:53,680 --> 00:38:55,960 Speaker 1: got to do something else. We have to infiltrate. We 707 00:38:56,080 --> 00:39:00,280 Speaker 1: have to use psychological warfare, political warfare, cyber war fair, 708 00:39:00,840 --> 00:39:03,960 Speaker 1: and most importantly economic warfare. And here's what they understood. 709 00:39:04,880 --> 00:39:11,440 Speaker 1: The greedy leaders of the West, the greedy leaders, the sociopathic, 710 00:39:11,520 --> 00:39:15,000 Speaker 1: easy money over lords of Wall Street, the global corporatists 711 00:39:15,360 --> 00:39:19,239 Speaker 1: in the apartheid state of Silicon Valley, would be their partners. 712 00:39:20,320 --> 00:39:22,080 Speaker 1: That's why I told Graham Allison when he came for 713 00:39:22,120 --> 00:39:24,440 Speaker 1: lunch that day about you know, the Destined for war, 714 00:39:24,560 --> 00:39:27,279 Speaker 1: his book on the Facidity's Trap. I say, yo, bro, 715 00:39:28,440 --> 00:39:30,600 Speaker 1: I don't see in your analysis of the rising power 716 00:39:30,640 --> 00:39:32,880 Speaker 1: and declining power Athens and Spartan and all the different 717 00:39:32,880 --> 00:39:37,280 Speaker 1: examples you lead that the elites of the declining power 718 00:39:37,880 --> 00:39:40,320 Speaker 1: make more money on the way down than they made 719 00:39:40,360 --> 00:39:44,279 Speaker 1: on the way up. Can I have another cup of coffee? Yo, bro? 720 00:39:44,520 --> 00:39:46,360 Speaker 1: That's what we got here in the United States of America. 721 00:39:47,120 --> 00:39:50,240 Speaker 1: The principal enemy and an unrestricted war that the Chinese 722 00:39:50,239 --> 00:39:52,640 Speaker 1: Commist Party has run against us is the elites in 723 00:39:52,680 --> 00:39:56,000 Speaker 1: this country that have sold this country out, sold her 724 00:39:56,080 --> 00:40:01,240 Speaker 1: citizens out day by day in may an immense amount 725 00:40:01,239 --> 00:40:03,640 Speaker 1: of wealth. Look at the concentration of wealth that's happened 726 00:40:03,640 --> 00:40:05,640 Speaker 1: in this nation, not just the top one for some 727 00:40:05,760 --> 00:40:09,520 Speaker 1: top two or three percent. They control virtually all the 728 00:40:09,560 --> 00:40:12,680 Speaker 1: real assets and all the financial assets and the assets 729 00:40:12,719 --> 00:40:16,120 Speaker 1: they don't control. On financial assets or real assets. They're 730 00:40:16,320 --> 00:40:20,319 Speaker 1: partners in crime in the Chinese counties, Party, in the 731 00:40:20,320 --> 00:40:24,840 Speaker 1: Gulf Emirates, right in the Ola Garks, in Eastern Europe 732 00:40:24,840 --> 00:40:28,560 Speaker 1: and Russia, they control it. And the factions of the 733 00:40:28,560 --> 00:40:32,360 Speaker 1: families that run the deal out of Beijing, they're called 734 00:40:32,400 --> 00:40:37,800 Speaker 1: to heretofore called their partners. Short break back in a 735 00:40:37,840 --> 00:40:40,440 Speaker 1: moment started. 736 00:40:40,200 --> 00:40:46,879 Speaker 3: Everything, speaker wall them is what's taking down. 737 00:40:49,000 --> 00:40:50,239 Speaker 12: For the Lord of the walk. 738 00:40:51,520 --> 00:40:53,320 Speaker 5: We will buck to the long God. 739 00:40:54,040 --> 00:40:56,840 Speaker 1: We realistic downs. 740 00:40:59,320 --> 00:41:01,600 Speaker 5: Use your Stephen kb. 741 00:41:04,160 --> 00:41:06,359 Speaker 1: Okay to top to the top of the hour. We're 742 00:41:06,360 --> 00:41:08,600 Speaker 1: going to go back to the White House. President of 743 00:41:08,600 --> 00:41:10,960 Speaker 1: El Salvador will be there. We're going to see the 744 00:41:11,000 --> 00:41:14,120 Speaker 1: military pageantry outside the West Wing. I believe the press 745 00:41:14,400 --> 00:41:16,480 Speaker 1: the President is going to open up either in the 746 00:41:16,560 --> 00:41:19,239 Speaker 1: Oval for a press aveil or when they're going for 747 00:41:19,320 --> 00:41:20,920 Speaker 1: lunch in the cabinet for a press a ail. But 748 00:41:20,960 --> 00:41:25,440 Speaker 1: we'll be covering it, not stop, particularly since the Supreme 749 00:41:25,440 --> 00:41:27,040 Speaker 1: Court trying to get in the middle of President Trump 750 00:41:27,080 --> 00:41:30,560 Speaker 1: being commander in chief. Also in the live chat note 751 00:41:30,600 --> 00:41:33,680 Speaker 1: to live chat, Oh, Steve going to talk about Pam 752 00:41:33,680 --> 00:41:36,200 Speaker 1: Bondi and cash and everything. Yo. I did forty five 753 00:41:36,239 --> 00:41:38,520 Speaker 1: minutes on Saturday. I'm the only person had Tom Fitten 754 00:41:38,600 --> 00:41:42,440 Speaker 1: live on Tom Finton's lawsuit against Pam Bondy, which is 755 00:41:42,440 --> 00:41:44,680 Speaker 1: a big thing. When Tom Fitten, his greatest Tom Fittness, 756 00:41:44,760 --> 00:41:47,680 Speaker 1: feels frustrated enough he has to sue the Trump administration 757 00:41:48,120 --> 00:41:50,880 Speaker 1: in the Attorney General for not getting off the dime, 758 00:41:51,200 --> 00:41:54,480 Speaker 1: not just in the Epstein files. As Tom went through everything, 759 00:41:54,760 --> 00:41:57,640 Speaker 1: everything's too slow. So let's let's get that into the 760 00:41:57,680 --> 00:42:01,319 Speaker 1: live chat. So people, anybody missed the Saturday show, which 761 00:42:01,360 --> 00:42:03,319 Speaker 1: you should not do, but if you did, you got 762 00:42:03,360 --> 00:42:05,560 Speaker 1: to see Tom Fitten's interview. I think we took forty 763 00:42:05,600 --> 00:42:08,359 Speaker 1: five minutes for Tom. It was incredible. Tom Finton is 764 00:42:09,080 --> 00:42:11,160 Speaker 1: at the end of his rope and he's the best 765 00:42:11,200 --> 00:42:14,640 Speaker 1: we got. Mike Rogers joins us. Mike, a big announcement 766 00:42:14,680 --> 00:42:16,040 Speaker 1: for you today. Can you walk us through it. 767 00:42:16,080 --> 00:42:20,160 Speaker 10: Sir, Yes, and it's great to see you again, mister Bannet. 768 00:42:22,239 --> 00:42:25,799 Speaker 10: After a very close race in twenty twenty four three 769 00:42:25,840 --> 00:42:28,759 Speaker 10: tenths of one percent, we looked at the numbers and said, 770 00:42:28,800 --> 00:42:31,279 Speaker 10: the only way to help Michigan get back in the 771 00:42:31,360 --> 00:42:33,319 Speaker 10: United States Senate is if we run for the United 772 00:42:33,320 --> 00:42:35,080 Speaker 10: States Senate. So today we announce we're running for the 773 00:42:35,160 --> 00:42:40,160 Speaker 10: United States Senate to take back Michigan values to Washington, 774 00:42:40,239 --> 00:42:42,800 Speaker 10: d C. Which we haven't had there thirty two years. 775 00:42:42,840 --> 00:42:46,120 Speaker 10: Two Democrats had represented Michigan in the Senate for thirty 776 00:42:46,160 --> 00:42:49,520 Speaker 10: two years. Long enough, we're going to change that. This 777 00:42:50,480 --> 00:42:54,320 Speaker 10: coming not this November, but next November. But one of 778 00:42:54,360 --> 00:42:56,480 Speaker 10: the things we learned, Steve, is that we had to 779 00:42:56,680 --> 00:43:00,200 Speaker 10: get engaged earlier than we did last go round, and 780 00:43:00,239 --> 00:43:02,000 Speaker 10: so we're not going to make that mistake again. And 781 00:43:02,040 --> 00:43:03,800 Speaker 10: so we've announced and we're often running. 782 00:43:03,800 --> 00:43:05,560 Speaker 12: We're going to be the eight hundred pounds Gurella on 783 00:43:05,640 --> 00:43:06,320 Speaker 12: the freight. 784 00:43:06,080 --> 00:43:07,040 Speaker 10: Train coming back. 785 00:43:08,840 --> 00:43:12,560 Speaker 1: Mike. President Trump Endorshry last time. Let me this is 786 00:43:12,600 --> 00:43:15,440 Speaker 1: one that a lot of people that follow this don't 787 00:43:15,440 --> 00:43:17,399 Speaker 1: have on the radar right now, Why do you think 788 00:43:17,440 --> 00:43:20,520 Speaker 1: you can take out slock in a year when Trump's 789 00:43:20,560 --> 00:43:22,160 Speaker 1: not at the top of the ticket, sir. 790 00:43:22,680 --> 00:43:25,720 Speaker 10: Yeah, So it's an open seat, so there's no incumbent. 791 00:43:25,800 --> 00:43:30,120 Speaker 10: So Senator Gary Peters announced he's not running. So this 792 00:43:30,280 --> 00:43:33,160 Speaker 10: is really interesting. You'll appreciate this the irony of politics. 793 00:43:33,160 --> 00:43:35,120 Speaker 10: When we were running last year, people said you can't 794 00:43:35,120 --> 00:43:38,600 Speaker 10: win because Donald Trump's on the ballot. This year, they're saying, well, 795 00:43:38,640 --> 00:43:40,920 Speaker 10: you can't win because Donald Trump's not on the ballot. 796 00:43:41,440 --> 00:43:44,080 Speaker 10: Said the electorate of Michigan is changing. And we did 797 00:43:44,120 --> 00:43:47,480 Speaker 10: two pretty amazing things. The least amazing was we lost. 798 00:43:47,600 --> 00:43:50,640 Speaker 10: That's not amazing. The most amazing thing that we did 799 00:43:51,000 --> 00:43:55,040 Speaker 10: has gotten nearly two point seven million Republican votes in 800 00:43:55,080 --> 00:43:58,839 Speaker 10: the last election for any Michigan candidate statewide. 801 00:43:58,880 --> 00:44:01,120 Speaker 12: That's the most in Michigan history. 802 00:44:01,520 --> 00:44:04,399 Speaker 10: We also came closest to Trump votes than any other 803 00:44:04,480 --> 00:44:09,960 Speaker 10: the competitive Senate races that won, like Marino or Sheihi 804 00:44:10,600 --> 00:44:14,239 Speaker 10: or McCormick in Pennsylvania came. 805 00:44:14,640 --> 00:44:17,560 Speaker 12: We were closer to Trump votes than those folks. 806 00:44:17,640 --> 00:44:22,160 Speaker 10: Were even closer than Ted Cruz in Texas, how close 807 00:44:22,200 --> 00:44:25,520 Speaker 10: he came to Trump votes. So all the components are here, 808 00:44:26,040 --> 00:44:28,080 Speaker 10: and we looked at it and said, wow, because we 809 00:44:28,200 --> 00:44:32,480 Speaker 10: had such a huge voter or Republican vote count, we 810 00:44:32,520 --> 00:44:34,839 Speaker 10: don't have to get one hundred percent of them. We 811 00:44:34,840 --> 00:44:37,000 Speaker 10: need to get about eighty five percent of them. Because 812 00:44:37,040 --> 00:44:40,400 Speaker 10: it's a midterm, to show up and vote and we 813 00:44:40,440 --> 00:44:43,480 Speaker 10: will win. That'll be fifty about fifty one percent according 814 00:44:43,480 --> 00:44:46,000 Speaker 10: to our modeling about who shows up, and so our 815 00:44:46,080 --> 00:44:47,080 Speaker 10: universe is smaller. 816 00:44:47,200 --> 00:44:48,840 Speaker 12: We know who they are. We're going to talk to 817 00:44:48,880 --> 00:44:49,480 Speaker 12: them a lot. 818 00:44:50,239 --> 00:44:53,640 Speaker 10: We started out the shoot by having the national Republicans 819 00:44:53,680 --> 00:44:55,680 Speaker 10: say this is the guy that we have. We put 820 00:44:55,680 --> 00:44:59,319 Speaker 10: out a list today of hundreds of Michigan supporters saying, hey, 821 00:44:59,320 --> 00:45:01,719 Speaker 10: this is the right guy. We had a primary the 822 00:45:01,800 --> 00:45:05,120 Speaker 10: last time we got you know, I got nearly over 823 00:45:05,200 --> 00:45:08,279 Speaker 10: sixty five percent of the vote in that four way primary. 824 00:45:08,680 --> 00:45:10,840 Speaker 10: We've done all that, now is the time to rally 825 00:45:10,840 --> 00:45:12,920 Speaker 10: around of Canada win. So we're going to rally early, 826 00:45:13,120 --> 00:45:17,080 Speaker 10: raise money early, build a ground game early, and we're 827 00:45:17,120 --> 00:45:19,840 Speaker 10: going to target those voters to come back out, and 828 00:45:19,880 --> 00:45:22,920 Speaker 10: then we're also going to go at disaffected Democrats and independence. 829 00:45:22,960 --> 00:45:23,799 Speaker 10: That's how we're going to win. 830 00:45:25,960 --> 00:45:27,960 Speaker 1: So talk to me about when we say Michigan values. 831 00:45:28,040 --> 00:45:30,319 Speaker 1: She had Whittmer, you know, in the Oval and kind 832 00:45:30,320 --> 00:45:34,040 Speaker 1: of weirdly hiding after she got in there. What are 833 00:45:34,080 --> 00:45:37,400 Speaker 1: the values of the MAGA voter that you're going to 834 00:45:37,440 --> 00:45:41,480 Speaker 1: represent versus the non traditional Michigan values that Whittmer and 835 00:45:41,520 --> 00:45:45,080 Speaker 1: that whole group of Democrats in Michigan proposed, particularly in 836 00:45:45,080 --> 00:45:47,279 Speaker 1: things like this this big trade where we're in the 837 00:45:47,320 --> 00:45:49,640 Speaker 1: tariff battles. All that give me the bid and the 838 00:45:49,640 --> 00:45:52,600 Speaker 1: ass The difference between you and what you represented President 839 00:45:52,640 --> 00:45:54,520 Speaker 1: Trump and the MAGA voter and what they represent. 840 00:45:55,600 --> 00:45:58,000 Speaker 10: Well, if you think about it, she should have covered 841 00:45:58,000 --> 00:46:01,080 Speaker 10: her face in the Oval office US she did. I 842 00:46:01,120 --> 00:46:04,400 Speaker 10: don't know if your listeners or viewers saw that. She 843 00:46:04,560 --> 00:46:06,880 Speaker 10: literally held a photo of fold. 844 00:46:07,239 --> 00:46:10,160 Speaker 1: Did you see that in her place? That was a 845 00:46:10,280 --> 00:46:13,800 Speaker 1: pro we did, but that was a profile encourage I 846 00:46:13,840 --> 00:46:15,920 Speaker 1: would expect anybody that wants to be president of United States, 847 00:46:15,920 --> 00:46:17,759 Speaker 1: so she does. That was a profile and courage she 848 00:46:17,840 --> 00:46:19,480 Speaker 1: hid behind her folders. 849 00:46:19,640 --> 00:46:22,840 Speaker 10: Sir, well, I know it's embarrassing. That is not a 850 00:46:22,880 --> 00:46:25,880 Speaker 10: Michigan value. Where we come from. I worked on a 851 00:46:25,880 --> 00:46:29,360 Speaker 10: factory floor. We would mock that behavior. Actually, And so 852 00:46:29,400 --> 00:46:32,560 Speaker 10: if you think about where we have been in the 853 00:46:32,600 --> 00:46:36,360 Speaker 10: last four years in Michigan, we've lost under Whitmer and Biden, 854 00:46:37,040 --> 00:46:39,799 Speaker 10: twenty seven thousand manufacturing jobs. 855 00:46:40,160 --> 00:46:42,160 Speaker 12: We're going to fight like hell to get those jobs back. 856 00:46:42,560 --> 00:46:43,000 Speaker 12: Number one. 857 00:46:43,000 --> 00:46:44,520 Speaker 10: And the way you do that as a pro growth 858 00:46:44,520 --> 00:46:47,320 Speaker 10: agenda tax cuts really really important. 859 00:46:47,320 --> 00:46:49,640 Speaker 12: I know the President's working on this whole package. 860 00:46:50,080 --> 00:46:52,320 Speaker 10: The fact that the President and doche is going after 861 00:46:52,920 --> 00:46:55,680 Speaker 10: the federal government waste fraud and abuse and have found 862 00:46:56,120 --> 00:46:59,120 Speaker 10: close to two hundred billion dollars already. 863 00:46:59,360 --> 00:47:01,120 Speaker 12: It's been a one hundred days. 864 00:47:01,719 --> 00:47:03,920 Speaker 10: People here don't like the fact that they have to 865 00:47:03,920 --> 00:47:07,520 Speaker 10: send money to Washington to get wasted at that rate. 866 00:47:07,520 --> 00:47:09,319 Speaker 12: I mean, we've got to continue to do that. 867 00:47:09,360 --> 00:47:11,640 Speaker 10: And by the way, if you want a sound social 868 00:47:11,680 --> 00:47:14,920 Speaker 10: Security system, you've got to cut the waste, fraud and 869 00:47:14,960 --> 00:47:17,720 Speaker 10: abuse out of it. Talked about it for thirty years 870 00:47:18,040 --> 00:47:20,160 Speaker 10: now we're actually getting it done under the leadership at 871 00:47:20,160 --> 00:47:20,760 Speaker 10: Donald Trump. 872 00:47:21,000 --> 00:47:24,000 Speaker 12: So that changes everything this trade war. 873 00:47:24,040 --> 00:47:26,719 Speaker 10: I have to tell you there's a map that got 874 00:47:26,760 --> 00:47:31,799 Speaker 10: put up recently that had what the trading imbalances look 875 00:47:31,920 --> 00:47:36,480 Speaker 10: like around the world. It was ninety percent blue for America, 876 00:47:36,800 --> 00:47:39,640 Speaker 10: ten percent red for China. That was in two thousand. 877 00:47:40,040 --> 00:47:44,239 Speaker 10: Today it is flipped. It's absolutely flipped. It is all 878 00:47:44,320 --> 00:47:48,800 Speaker 10: read when you get US and Mexico and Canada. 879 00:47:48,400 --> 00:47:50,759 Speaker 12: And by the way, Iceland. Thanks Iceland. We appreciate you 880 00:47:50,840 --> 00:47:51,720 Speaker 12: to hanging with us. 881 00:47:51,800 --> 00:47:54,280 Speaker 10: But if you think about what that means for jobs 882 00:47:54,320 --> 00:47:57,560 Speaker 10: in the economy and the future of Michigan, I mean. 883 00:47:57,440 --> 00:48:00,160 Speaker 12: That is what we need to take. That voice we 884 00:48:00,200 --> 00:48:01,520 Speaker 12: need to take back to Washington. 885 00:48:03,360 --> 00:48:05,239 Speaker 1: Mike. I know you got a punch. Where do people 886 00:48:05,360 --> 00:48:07,240 Speaker 1: go to your campaign site. 887 00:48:07,000 --> 00:48:10,839 Speaker 12: Sir rogersfir senate dot com. We need your help. Listen, 888 00:48:10,920 --> 00:48:13,000 Speaker 12: this has got to be early, it's got to be often. 889 00:48:13,280 --> 00:48:15,080 Speaker 12: You got to come in. We're going to get this 890 00:48:15,120 --> 00:48:18,040 Speaker 12: thing done this time. We're not going to have that. 891 00:48:18,000 --> 00:48:22,239 Speaker 10: Three tenths of a percent loss. We know what the 892 00:48:22,239 --> 00:48:24,759 Speaker 10: thing where we fell short the last time. We're not 893 00:48:24,760 --> 00:48:26,879 Speaker 10: going to let that happen, and we're going to take 894 00:48:26,920 --> 00:48:30,160 Speaker 10: the values of what Trump is doing. Now, you know, 895 00:48:30,239 --> 00:48:33,040 Speaker 10: he took the beachhead. I've been telling people, Steve, he's 896 00:48:33,040 --> 00:48:35,160 Speaker 10: got the beachhead. Now we need to come in and 897 00:48:35,200 --> 00:48:38,120 Speaker 10: help him. Those one hundred and eleven executive orders. We 898 00:48:38,160 --> 00:48:41,440 Speaker 10: need legislative effort. That's what's coming next. You got to 899 00:48:41,440 --> 00:48:43,480 Speaker 10: send me there to be the next wave. 900 00:48:44,480 --> 00:48:48,320 Speaker 1: Mike, Mike Rodgers, thank you for joining us. Mike Rodgers 901 00:48:48,320 --> 00:48:52,799 Speaker 1: announced for the United States Senate in Michigan early What's 902 00:48:52,840 --> 00:48:54,879 Speaker 1: going to be a tough one against the Democrat short 903 00:48:54,960 --> 00:48:56,240 Speaker 1: break to the White House next