1 00:00:00,000 --> 00:00:02,320 Speaker 1: The thing about being in the swamp is you get 2 00:00:02,320 --> 00:00:04,360 Speaker 1: to sit in the dojo that Steve Bannon built and 3 00:00:04,400 --> 00:00:06,840 Speaker 1: that's where I'm operating right now in my Trump Omania 4 00:00:06,880 --> 00:00:08,960 Speaker 1: T shirt, because that's what it's all about. 5 00:00:09,800 --> 00:00:10,680 Speaker 2: That is Cash Mattel. 6 00:00:10,760 --> 00:00:13,200 Speaker 3: That's the man Donald Trump nominated to run the FBI. 7 00:00:13,640 --> 00:00:16,200 Speaker 3: He's never worked for the FBI, but he does host 8 00:00:16,239 --> 00:00:19,360 Speaker 3: Steve Bennon's War Room podcast a lot where he loves 9 00:00:19,400 --> 00:00:21,240 Speaker 3: to share conspiracy theories. 10 00:00:21,880 --> 00:00:26,480 Speaker 1: The Chinese, the CCP helped fund portions of the Biden campaign, 11 00:00:26,320 --> 00:00:28,400 Speaker 1: can get the Sergeant at Arms to go out and 12 00:00:28,480 --> 00:00:29,160 Speaker 1: arrest MERRILYC. 13 00:00:29,200 --> 00:00:29,600 Speaker 2: Garland. 14 00:00:29,640 --> 00:00:32,680 Speaker 1: They want everything in every way to rig this system, 15 00:00:33,159 --> 00:00:35,879 Speaker 1: just like the censorship regime. We're going back to Wuhan, 16 00:00:35,960 --> 00:00:38,320 Speaker 1: We're going back to Corvett origins, and we're going back 17 00:00:38,360 --> 00:00:41,600 Speaker 1: to another form of a megavirus that can take out 18 00:00:41,880 --> 00:00:44,640 Speaker 1: China's enemies. But they're in on it with the mainstream media, 19 00:00:44,880 --> 00:00:48,240 Speaker 1: the Biden, Harris Waltz campaign, and of course the FBI. 20 00:00:49,600 --> 00:00:52,200 Speaker 3: Like so many guys in Trump world, Patel just can't 21 00:00:52,240 --> 00:00:55,320 Speaker 3: stop talking, which you know game recognized game. Zach bo 22 00:00:55,400 --> 00:00:58,279 Speaker 3: Shop is a senior correspondent box for he covers democracy 23 00:00:58,320 --> 00:01:00,960 Speaker 3: in the far right. His latest piece is titled I 24 00:01:01,040 --> 00:01:04,800 Speaker 3: listened to hours of Trump's FBI pick on Steve Bannon's podcast, 25 00:01:05,200 --> 00:01:06,800 Speaker 3: Oh Boy, express. 26 00:01:06,360 --> 00:01:09,640 Speaker 4: Concern about the potential nomination of Cash. 27 00:01:09,280 --> 00:01:15,160 Speaker 2: Battel to lead the FBI. What are your concerns, Yeah, 28 00:01:15,200 --> 00:01:15,399 Speaker 2: it's a. 29 00:01:15,400 --> 00:01:17,800 Speaker 5: Little bit different concern with Cash Battel, and that is 30 00:01:18,720 --> 00:01:23,120 Speaker 5: his threats is outright threats, repeated threats to weaponize the FBI, 31 00:01:23,360 --> 00:01:27,160 Speaker 5: to take it from an organization whose essential function is 32 00:01:27,200 --> 00:01:29,760 Speaker 5: to protect America and to enforce our laws, right, to 33 00:01:29,880 --> 00:01:34,080 Speaker 5: enforce our laws domestically, prevent crime, to train and support 34 00:01:34,240 --> 00:01:36,560 Speaker 5: local law enforcement. That's actually a role that not a 35 00:01:36,600 --> 00:01:39,480 Speaker 5: lot of Americans know. The FBI does that. It provides 36 00:01:39,520 --> 00:01:43,360 Speaker 5: an essential function to train and support and resource and 37 00:01:43,400 --> 00:01:47,319 Speaker 5: provide intelligence to local law enforcement agencies in our town 38 00:01:47,360 --> 00:01:49,880 Speaker 5: sheriffs and police departments around the country. 39 00:01:50,320 --> 00:01:52,600 Speaker 2: To take it from that and to turn. 40 00:01:52,440 --> 00:01:56,240 Speaker 5: It into an entity whose primary focus would be enacting 41 00:01:56,360 --> 00:01:59,560 Speaker 5: retribution on Donald Trump's perceived enemies. That is what he 42 00:01:59,600 --> 00:02:02,480 Speaker 5: has said he will do, would make us all less safe. 43 00:02:02,560 --> 00:02:05,000 Speaker 5: So you know, he again should not be in this role. 44 00:02:05,160 --> 00:02:09,760 Speaker 6: Theperation William why this is so delicate, because the White 45 00:02:09,800 --> 00:02:12,920 Speaker 6: House Counsel and a handful of senior White House aides, 46 00:02:13,240 --> 00:02:15,960 Speaker 6: including Jeff Zionce, the Chief of Staff, are having this 47 00:02:16,040 --> 00:02:19,640 Speaker 6: debate right now in the West Wing, which is, do 48 00:02:19,760 --> 00:02:22,320 Speaker 6: we leave these folks out in the cold and potentially 49 00:02:22,360 --> 00:02:26,160 Speaker 6: expose them to cash Patel's FBI and Donald Trump's White 50 00:02:26,160 --> 00:02:30,359 Speaker 6: House for any number of charges or of some kind 51 00:02:30,360 --> 00:02:34,640 Speaker 6: of you know, the show trial to get a measure 52 00:02:34,680 --> 00:02:38,720 Speaker 6: of revenge and at the very least make them pay 53 00:02:38,760 --> 00:02:41,800 Speaker 6: six figures in legal bills to avoid such a case. 54 00:02:42,480 --> 00:02:46,919 Speaker 6: Or do we offer preemptively pardons to people who there's 55 00:02:46,960 --> 00:02:50,200 Speaker 6: no proof they've done anything wrong whatsoever and willly may 56 00:02:50,240 --> 00:02:52,800 Speaker 6: not want to pardon in the first place. That's a 57 00:02:52,840 --> 00:02:55,760 Speaker 6: real tough call, because if you don't do it, and 58 00:02:55,880 --> 00:02:59,000 Speaker 6: Patel and company come after some of these people and 59 00:02:59,040 --> 00:03:02,040 Speaker 6: you had the chance to give them an oculation legally, 60 00:03:02,520 --> 00:03:04,520 Speaker 6: you's a hell of a thing to regret. At the 61 00:03:04,520 --> 00:03:07,359 Speaker 6: same time, do you want to pardon somebody like Liz 62 00:03:07,440 --> 00:03:11,760 Speaker 6: Cheney or Anthony Falschiet and suggest any kind of impropriety 63 00:03:11,960 --> 00:03:15,400 Speaker 6: that could only add fuel to the Trump aggressors In 64 00:03:15,440 --> 00:03:18,400 Speaker 6: the first place, it's a real tough nut. 65 00:03:20,520 --> 00:03:22,920 Speaker 2: It ain't that tough a nut, Jonathan, And you're at 66 00:03:22,919 --> 00:03:25,760 Speaker 2: the home of the Trump aggressors. Yes, yes, you're in 67 00:03:25,800 --> 00:03:28,520 Speaker 2: the worm Thursday, five December, year of our Alert twenty 68 00:03:28,600 --> 00:03:31,800 Speaker 2: twenty four, right there, just to set the state of play. 69 00:03:32,080 --> 00:03:34,280 Speaker 2: It's because there's a couple of fronts on this battle 70 00:03:34,280 --> 00:03:37,320 Speaker 2: that they're being fought. I'm getting word now, Pete Hexas 71 00:03:37,400 --> 00:03:41,520 Speaker 2: up on Capitol Hill seeing senators today. We cannot allow 72 00:03:42,880 --> 00:03:47,360 Speaker 2: the momentum and the scale of President Trump's victory be 73 00:03:47,480 --> 00:03:54,200 Speaker 2: blunted by the forces of the established order. President Trump 74 00:03:54,320 --> 00:03:58,880 Speaker 2: was hired this time to make systematic and fundamental changes. 75 00:03:59,040 --> 00:04:03,480 Speaker 2: That's what he ran on. The American people had a 76 00:04:03,520 --> 00:04:05,600 Speaker 2: couple of years to weigh and measure this. This goes 77 00:04:05,640 --> 00:04:08,880 Speaker 2: back to the scene in Lincoln the movie about the 78 00:04:08,920 --> 00:04:13,800 Speaker 2: executive Order of Emancipation, the Emancipation Proclamation that freed the 79 00:04:13,840 --> 00:04:18,040 Speaker 2: slaves in the areas of conflict, and he said it 80 00:04:18,080 --> 00:04:20,159 Speaker 2: was an executive order. Goes away, but he says, I 81 00:04:20,240 --> 00:04:23,560 Speaker 2: gave the country two years to think about it, and 82 00:04:23,680 --> 00:04:26,960 Speaker 2: the country rendered their verdict in the election of eighteen 83 00:04:27,040 --> 00:04:31,080 Speaker 2: sixty four, of which Lincoln ran against his General in chief. 84 00:04:31,600 --> 00:04:33,919 Speaker 2: During the early years of the war, General McClellan and 85 00:04:34,080 --> 00:04:38,160 Speaker 2: Lincoln was basically returned and what was tantamont to a landslide, 86 00:04:38,160 --> 00:04:40,440 Speaker 2: and particularly with the troops in the field coming in 87 00:04:40,560 --> 00:04:44,880 Speaker 2: and voting to push him way over the top. Same 88 00:04:44,920 --> 00:04:48,279 Speaker 2: thing with Trump. They put democracy on, They put everything 89 00:04:48,320 --> 00:04:53,599 Speaker 2: they've done, They put the American Gestapo on. They put 90 00:04:53,600 --> 00:04:59,000 Speaker 2: it on the ballot. Hey, and you lost. Elections have consequences, 91 00:04:59,000 --> 00:05:01,960 Speaker 2: and you're going to have to bear the burden of 92 00:05:02,000 --> 00:05:06,840 Speaker 2: the consequences and the accountability. November fifth was judgment Day. 93 00:05:07,360 --> 00:05:12,960 Speaker 2: Twenty January is accountability Day. And they're squirming around. You 94 00:05:13,000 --> 00:05:16,440 Speaker 2: don't think this shows in their mind living rent free 95 00:05:16,520 --> 00:05:19,720 Speaker 2: when they're talking about something that's so radically like bizarrely 96 00:05:19,920 --> 00:05:25,120 Speaker 2: potentially unconstitutional as blanket preemptive pardons. Do you think their 97 00:05:25,320 --> 00:05:27,320 Speaker 2: concern about they might have done a couple of three 98 00:05:27,360 --> 00:05:31,159 Speaker 2: things wrong, broken a couple of three laws that their 99 00:05:31,200 --> 00:05:34,920 Speaker 2: text messages and the meeting notes, and particularly when people 100 00:05:35,000 --> 00:05:37,960 Speaker 2: start rolling on them because people don't want to spend 101 00:05:37,960 --> 00:05:41,320 Speaker 2: millions of dollars. The pressure they put on people today. 102 00:05:41,920 --> 00:05:44,560 Speaker 2: What they've done is outrageous. They tried to take down 103 00:05:44,800 --> 00:05:48,640 Speaker 2: the American Republic. They tried to turn it into they're 104 00:05:48,720 --> 00:05:52,000 Speaker 2: copying the model of the Chinese Communist Party. We didn't 105 00:05:52,040 --> 00:05:55,680 Speaker 2: change the Chinese Communists. They changed our elites. It was 106 00:05:55,680 --> 00:05:58,279 Speaker 2: supposed to be liberal democracy as it became wealthy and 107 00:05:58,320 --> 00:06:01,000 Speaker 2: wealthy as middle class, as they moved people from the 108 00:06:01,040 --> 00:06:03,520 Speaker 2: peasants to the working class of middle class that are 109 00:06:03,520 --> 00:06:06,640 Speaker 2: supposed to change. Guess what they didn't. They changed our elites. 110 00:06:06,680 --> 00:06:11,159 Speaker 2: Our elites like state capitalism merged with the administrative state. 111 00:06:12,040 --> 00:06:16,840 Speaker 2: That's the inextricably linked state capitalist economy we have today 112 00:06:17,360 --> 00:06:21,800 Speaker 2: of late stage capitalism. That's what has to be broken. 113 00:06:21,560 --> 00:06:24,680 Speaker 2: And this is why Trump's a blunt force instrument, and 114 00:06:24,720 --> 00:06:28,520 Speaker 2: he's leaving a blunt force trauma. But you have to 115 00:06:28,640 --> 00:06:32,560 Speaker 2: every day hit this. If they see weakness, if they 116 00:06:32,640 --> 00:06:36,239 Speaker 2: smell weakness, if they see fear, it's not going to happen. 117 00:06:36,279 --> 00:06:38,200 Speaker 2: This is why Pete Hexath and there's all kind of 118 00:06:38,200 --> 00:06:40,560 Speaker 2: conflicting on a player clip a little bit later, all 119 00:06:40,600 --> 00:06:43,679 Speaker 2: kind of conflicting. President Trump is in back of Pete Hexath. 120 00:06:44,839 --> 00:06:47,560 Speaker 2: The marching orders are that Pete Hexath is going to 121 00:06:47,600 --> 00:06:49,200 Speaker 2: be the Secretary of Defense. And some of the meanings 122 00:06:49,240 --> 00:06:51,279 Speaker 2: are getting better, and it's down to a handful of guys, 123 00:06:51,680 --> 00:06:55,559 Speaker 2: men and women. And President Trump has not even started 124 00:06:55,560 --> 00:06:58,919 Speaker 2: whipping the war room Posse hasn't even gotten totally engaged 125 00:06:58,920 --> 00:07:02,600 Speaker 2: on this yet. Same with Cash Pattel. They're doing a 126 00:07:02,680 --> 00:07:06,200 Speaker 2: Linski one on one. It's call the next next man 127 00:07:06,279 --> 00:07:08,400 Speaker 2: up from the herd. We can't allow that happen. I 128 00:07:08,480 --> 00:07:12,320 Speaker 2: keep telling people, flood the zone. It should be Pete 129 00:07:12,360 --> 00:07:14,400 Speaker 2: hacks as everybody up there. Get them all up there. 130 00:07:14,440 --> 00:07:17,280 Speaker 2: Get these senators, you know, seeing one after the other, 131 00:07:17,840 --> 00:07:23,240 Speaker 2: understanding they're part of a team. Flood the zone. Don't 132 00:07:23,280 --> 00:07:25,640 Speaker 2: do onesies tuesdays. Flood the zone and get up the 133 00:07:25,640 --> 00:07:28,760 Speaker 2: confirmation or get everybody ready and let's swear them in 134 00:07:28,840 --> 00:07:31,000 Speaker 2: on the third. Get them up there on the fourth 135 00:07:31,040 --> 00:07:33,400 Speaker 2: or fifth, and get not just the national security guys, 136 00:07:33,440 --> 00:07:35,440 Speaker 2: get get all the top guys up there. Get Bobby 137 00:07:35,520 --> 00:07:41,120 Speaker 2: Kennedy up there, get them all up. Let's roll one 138 00:07:41,160 --> 00:07:42,600 Speaker 2: of the things I see coming together. And you're starting 139 00:07:42,600 --> 00:07:45,280 Speaker 2: to see the snipping of the sniping right now. Roe 140 00:07:45,360 --> 00:07:49,120 Speaker 2: Kahanna has come out on some very positives, Roe Kahana, 141 00:07:49,240 --> 00:07:51,400 Speaker 2: and you know people know that I think I don't 142 00:07:51,400 --> 00:07:54,320 Speaker 2: agree with this politics one hundred percent by a lot, 143 00:07:54,880 --> 00:07:59,440 Speaker 2: But he gets economic nationalism. He calls it economic patriotism. 144 00:07:59,480 --> 00:08:02,960 Speaker 2: He's been he's been singing out this part of the 145 00:08:03,040 --> 00:08:05,240 Speaker 2: hymn book for a long time. He's taken basically Peter 146 00:08:05,360 --> 00:08:09,080 Speaker 2: Navar in our economic nationalism, President Trump's economic national He's 147 00:08:09,080 --> 00:08:11,840 Speaker 2: trying to put a veneer of the Democratic Party on 148 00:08:11,880 --> 00:08:14,000 Speaker 2: it because he understands this is the way you bill 149 00:08:14,080 --> 00:08:17,400 Speaker 2: coalitions and win elections. He gets that. Oh, by the way, 150 00:08:17,480 --> 00:08:20,040 Speaker 2: Rokahana happens to be running for president in twenty twenty eight. 151 00:08:20,800 --> 00:08:25,720 Speaker 2: He's unofficially announced by every move he makes Rokahana as 152 00:08:25,720 --> 00:08:27,360 Speaker 2: they put out a tweet. He's one hundred percent on 153 00:08:27,480 --> 00:08:30,960 Speaker 2: board Doge. So and Doze is getting a little bit 154 00:08:31,040 --> 00:08:35,079 Speaker 2: like the cool kids table in high school. Right, You've 155 00:08:35,160 --> 00:08:37,280 Speaker 2: got you've got, you got Russ vote. You're gonna have 156 00:08:37,320 --> 00:08:41,080 Speaker 2: Mark Payeletta. I think you're gonna have Jeff Clark. Bill 157 00:08:41,160 --> 00:08:43,760 Speaker 2: mcginley's now segued from the White House Council to do 158 00:08:43,760 --> 00:08:47,200 Speaker 2: Doge full time because President Trump wants to make sure 159 00:08:47,480 --> 00:08:49,920 Speaker 2: his part of this is taken care of by his 160 00:08:49,960 --> 00:08:53,640 Speaker 2: smartest guy. So you got vote in Payoletta, Clark, McGinley 161 00:08:53,679 --> 00:08:57,480 Speaker 2: and others. Uh, And you've got Vivek and you have 162 00:08:57,559 --> 00:09:00,000 Speaker 2: Elin but more important to those guys because those guys 163 00:09:00,120 --> 00:09:02,880 Speaker 2: obviously had to fly at sixty thousand feet. But you've 164 00:09:02,920 --> 00:09:06,080 Speaker 2: got another tier of people that bringing in their absolutely brilliant. 165 00:09:06,160 --> 00:09:08,240 Speaker 2: And President Trump said last night to the remarks of 166 00:09:08,320 --> 00:09:13,320 Speaker 2: RUSS Votes at RUSS Votes event at mar A Lago, 167 00:09:13,520 --> 00:09:16,839 Speaker 2: it was quite, frankly, I thought stunning of what he said, 168 00:09:16,920 --> 00:09:20,720 Speaker 2: not just his support for Doze appropriations, and omb kind 169 00:09:20,720 --> 00:09:23,840 Speaker 2: of coming together and take and starting to take apart 170 00:09:23,880 --> 00:09:27,080 Speaker 2: the administrative state and particularly the cost of it, which 171 00:09:27,160 --> 00:09:30,480 Speaker 2: can only be done programmatically, can only be done. You know, 172 00:09:30,920 --> 00:09:35,080 Speaker 2: this is not firing people and looking for the grasshopper. 173 00:09:36,160 --> 00:09:40,480 Speaker 2: You know the grasshopper research is being done at the 174 00:09:40,559 --> 00:09:42,600 Speaker 2: University of Colorado. That's not the way you do it. 175 00:09:42,600 --> 00:09:45,000 Speaker 2: You do it programmatically in big chunks, and you take 176 00:09:45,040 --> 00:09:49,240 Speaker 2: out billets, not people. You take out billets. But as 177 00:09:49,280 --> 00:09:51,760 Speaker 2: you can see right now, there's an effort building back 178 00:09:51,800 --> 00:09:55,640 Speaker 2: of this that has motive. As Bartley over at the 179 00:09:55,840 --> 00:10:01,120 Speaker 2: Wall Street Journal, the legendary Robert Bartley, the legendary, says, 180 00:10:01,200 --> 00:10:03,600 Speaker 2: when you launch something, you have to have muscle velocity, 181 00:10:03,679 --> 00:10:05,760 Speaker 2: you have to have boom, you have to hit it 182 00:10:06,040 --> 00:10:08,319 Speaker 2: and hit it hard, and you're starting to see that musclevelocity. 183 00:10:09,320 --> 00:10:12,680 Speaker 2: Philip Patrick, before we talk about overall capital markets and 184 00:10:12,760 --> 00:10:18,160 Speaker 2: what's happening with China and other people, just the seriousness 185 00:10:18,880 --> 00:10:22,199 Speaker 2: that you're seeing of the Trump administration. There's a Trump 186 00:10:22,280 --> 00:10:25,040 Speaker 2: second term and looking at how you get to the 187 00:10:25,080 --> 00:10:28,040 Speaker 2: costs side of the equation and the federal government by 188 00:10:28,120 --> 00:10:32,439 Speaker 2: either deconstruction, administrative state and or other waste fraud abuse 189 00:10:32,520 --> 00:10:36,440 Speaker 2: are just inefficiencies redundancies. To kind of hit this in 190 00:10:36,480 --> 00:10:42,439 Speaker 2: both methods, it's to me, it's very refreshing your thoughts. 191 00:10:41,800 --> 00:10:45,079 Speaker 7: It's it's very refreshing, to say the least. I've been 192 00:10:45,080 --> 00:10:49,719 Speaker 7: coming onto the show for years talking about major problems 193 00:10:49,760 --> 00:10:53,360 Speaker 7: that the current administration was ignoring. We haven't even got 194 00:10:53,440 --> 00:10:57,560 Speaker 7: Trump in office, and immediately he's prioritizing these things. So 195 00:10:57,920 --> 00:11:01,200 Speaker 7: it's exciting to say the least. People have to understand 196 00:11:01,240 --> 00:11:05,760 Speaker 7: that Trump's policies are disrupted by design, and quite frankly, 197 00:11:05,840 --> 00:11:09,160 Speaker 7: they have to be, because when the status quo is broken, you. 198 00:11:09,280 --> 00:11:10,760 Speaker 2: Have to change it. Now. 199 00:11:11,000 --> 00:11:15,400 Speaker 7: Change is scary, it's exhilarating and uncertain, but it is necessary, 200 00:11:15,440 --> 00:11:18,680 Speaker 7: and we need to shift things in a big, big, 201 00:11:18,720 --> 00:11:21,640 Speaker 7: way and the team he's assembling appears to be the 202 00:11:21,720 --> 00:11:23,920 Speaker 7: right team to do it. So I'm getting very excited, 203 00:11:23,960 --> 00:11:25,280 Speaker 7: as I know you are as well. 204 00:11:25,200 --> 00:11:29,480 Speaker 2: Steve to One of the things they're bringing up now 205 00:11:29,679 --> 00:11:32,760 Speaker 2: is about the UH. As they're going through this, they're saying, 206 00:11:32,840 --> 00:11:35,280 Speaker 2: oh gosh, this is going to have such big cuts, 207 00:11:35,320 --> 00:11:37,400 Speaker 2: and you know you're going to do the mass deportations 208 00:11:37,400 --> 00:11:39,280 Speaker 2: and the deconstricted a ministry of State is going to 209 00:11:39,280 --> 00:11:41,760 Speaker 2: be very turbulent, right, and you're going to lose a 210 00:11:41,760 --> 00:11:44,600 Speaker 2: big part of the economy as you as you masterport 211 00:11:44,679 --> 00:11:48,319 Speaker 2: ten million folks here that have driven down wages for 212 00:11:48,480 --> 00:11:52,320 Speaker 2: unskilled workers and also have spend every penny they get 213 00:11:52,320 --> 00:11:55,760 Speaker 2: back into the kind of consumer economy and UH. And 214 00:11:55,800 --> 00:11:58,680 Speaker 2: they're and they're making the analogy to to Liz Trust 215 00:11:59,120 --> 00:12:01,440 Speaker 2: and what she tried to do. President Trump's obviously come 216 00:12:01,480 --> 00:12:04,040 Speaker 2: with his own tax cuts Liz Trust and what she 217 00:12:04,120 --> 00:12:06,360 Speaker 2: tried to do, And they're saying, the bond vigilantes, the 218 00:12:06,400 --> 00:12:09,400 Speaker 2: bond vigilantes are going to be here and they're actually 219 00:12:09,480 --> 00:12:12,240 Speaker 2: going to be the major line of resistance. Give me 220 00:12:12,280 --> 00:12:13,800 Speaker 2: a minute or so on that we're going to go 221 00:12:13,840 --> 00:12:15,600 Speaker 2: to break and keep you around I want to drill 222 00:12:15,640 --> 00:12:18,679 Speaker 2: down this more. But the is your fear right now? 223 00:12:18,800 --> 00:12:22,640 Speaker 2: The bond market and what happened to Liz trust when 224 00:12:22,679 --> 00:12:25,080 Speaker 2: she was turfed out. I don't know after ninety days, 225 00:12:25,440 --> 00:12:28,680 Speaker 2: does that have any analysis, any analogy at all to 226 00:12:28,720 --> 00:12:29,920 Speaker 2: what President Trump's trying to do. 227 00:12:30,640 --> 00:12:35,079 Speaker 7: No, absolutely not. And like I said before, one thing's 228 00:12:35,200 --> 00:12:37,839 Speaker 7: very clear. The system we've had in place, the way 229 00:12:37,880 --> 00:12:40,960 Speaker 7: we've been doing things for a long time, is broken, 230 00:12:41,120 --> 00:12:43,640 Speaker 7: and at some point you have to break things down 231 00:12:44,000 --> 00:12:47,559 Speaker 7: and restart, and that's what this administration is looking to do. 232 00:12:48,120 --> 00:12:52,160 Speaker 7: We have issues all across the economy, but it starts 233 00:12:52,200 --> 00:12:55,640 Speaker 7: with spending and it starts with inefficiency, and that appears 234 00:12:55,679 --> 00:12:58,960 Speaker 7: to be the priority for the administration, and it has 235 00:12:59,080 --> 00:13:03,520 Speaker 7: to be. We have the start addressing massive deficit spending, 236 00:13:03,800 --> 00:13:06,319 Speaker 7: and we have to start spending in a more productive 237 00:13:06,360 --> 00:13:09,080 Speaker 7: manner and growing our GDP. At the end of the day, 238 00:13:09,080 --> 00:13:12,800 Speaker 7: we're losing opposition slowly on the global stage, and I 239 00:13:12,800 --> 00:13:16,880 Speaker 7: think Trump has vowed to sort of reinstate that it's 240 00:13:16,920 --> 00:13:19,920 Speaker 7: important we do it immediately when we need an about turn, 241 00:13:20,040 --> 00:13:24,560 Speaker 7: and this administration, the team he's assembling, are doing what's 242 00:13:24,600 --> 00:13:28,240 Speaker 7: necessary to achieve that. So Like I said, I'm very excited. 243 00:13:28,280 --> 00:13:31,720 Speaker 7: I see no parallels to Liz trust Trump is the 244 00:13:31,720 --> 00:13:34,600 Speaker 7: opposite of a lettuce and is exactly what we need. 245 00:13:36,800 --> 00:13:39,360 Speaker 2: Philip Key, hang on for a second. I appreciate you 246 00:13:39,640 --> 00:13:41,760 Speaker 2: this early in the morning out there. Coming on. We're 247 00:13:41,760 --> 00:13:44,720 Speaker 2: going to take a short commercial break. Birch Gold dot 248 00:13:44,720 --> 00:13:48,040 Speaker 2: com slash Bannon the end of the Dollar Empire. We'graph 249 00:13:48,080 --> 00:13:51,240 Speaker 2: of a big announcement on the other side about this series, 250 00:13:51,320 --> 00:13:54,280 Speaker 2: and I'm really honored in working with Birch Gold. The 251 00:13:54,320 --> 00:13:56,600 Speaker 2: response we've gotten, you know, Vanity Fair kind of give 252 00:13:56,640 --> 00:14:00,640 Speaker 2: it a rave. In their article they wrote about the 253 00:14:00,640 --> 00:14:04,400 Speaker 2: war Room, Richard Maddow's producers got so upset about that 254 00:14:04,440 --> 00:14:06,800 Speaker 2: they kind of missing Trevor said, Oh, the Banns project 255 00:14:06,840 --> 00:14:09,520 Speaker 2: is destroying the US dollar. No, ma'am, that would be 256 00:14:09,559 --> 00:14:12,440 Speaker 2: incorrect if you and your producers actually read it. I 257 00:14:12,520 --> 00:14:15,640 Speaker 2: realize you know it's not your line of country. I 258 00:14:15,720 --> 00:14:19,520 Speaker 2: understand that, but we've made it accessible to everybody, even 259 00:14:19,600 --> 00:14:23,520 Speaker 2: you folks. We're saying that the oligarchs on Wall Street 260 00:14:23,640 --> 00:14:26,320 Speaker 2: and the polcal class are trying to destroy the US dollar. 261 00:14:27,240 --> 00:14:29,560 Speaker 2: We're here to say, hey, maybe we should save it. 262 00:14:29,680 --> 00:14:31,880 Speaker 2: Maybe being the prime reserve currency is a good thing, 263 00:14:31,960 --> 00:14:34,200 Speaker 2: although that ought to be debated, ought to be part 264 00:14:34,240 --> 00:14:37,720 Speaker 2: of the national debate eventually, Birsch goall dot com, slash 265 00:14:37,800 --> 00:14:40,960 Speaker 2: Bannon or take your phone and text Bannon nine eight 266 00:14:41,080 --> 00:14:44,760 Speaker 2: nine eight Philip Patrick, We're going to talk about global 267 00:14:44,800 --> 00:14:52,280 Speaker 2: capital markets and a thing, an idea called modern monetary theory. 268 00:14:52,920 --> 00:14:53,640 Speaker 2: Next in the war. 269 00:14:53,560 --> 00:15:02,960 Speaker 7: Room, here's your host, Stephen K. Bah. 270 00:15:05,040 --> 00:15:11,600 Speaker 2: Okay, a couple of things. As you know, yesterday right there, 271 00:15:11,640 --> 00:15:14,840 Speaker 2: the French government collapses with a vote of no confidence. 272 00:15:14,880 --> 00:15:16,600 Speaker 2: Can I get that? Thank you very much? There you 273 00:15:16,640 --> 00:15:20,240 Speaker 2: are right there on the Wall Street Journal here in 274 00:15:20,280 --> 00:15:23,800 Speaker 2: the New York Times made the front page. French far 275 00:15:23,920 --> 00:15:27,680 Speaker 2: right and here's the lesson boys and girls, French far 276 00:15:27,840 --> 00:15:31,080 Speaker 2: right and left unite and vote to Alice the prime minister. 277 00:15:32,760 --> 00:15:35,840 Speaker 2: Now why we see that right there at times in 278 00:15:35,880 --> 00:15:41,640 Speaker 2: the journal, a lot of other Financial Times, etc. Why 279 00:15:41,680 --> 00:15:46,680 Speaker 2: is this important? Okay, we're always trying to think downrange 280 00:15:46,680 --> 00:15:48,960 Speaker 2: here in the war room, aren't we We give you 281 00:15:48,960 --> 00:15:53,560 Speaker 2: tomorrow's news today. So here's why it's important. France is 282 00:15:53,640 --> 00:15:59,400 Speaker 2: a just like Liz Trust. These are all small examples 283 00:15:59,600 --> 00:16:01,920 Speaker 2: of the big problem that we've got here. What's the 284 00:16:01,920 --> 00:16:05,880 Speaker 2: big problem we got here, folks. It's a totally unsustainable 285 00:16:05,960 --> 00:16:10,840 Speaker 2: financial and business model. We're adding essentially a trillion dollars 286 00:16:10,840 --> 00:16:13,960 Speaker 2: of new debt every day because we're just burning. We're 287 00:16:14,000 --> 00:16:16,560 Speaker 2: still had this massive spending we're doing that has not 288 00:16:16,600 --> 00:16:19,880 Speaker 2: been reeled in, and tax revenues are not growing at 289 00:16:19,880 --> 00:16:23,000 Speaker 2: any kind of appreciable rate. Number One, because the economy 290 00:16:23,040 --> 00:16:25,720 Speaker 2: is not really growing, as Philip Patrick has told you 291 00:16:25,800 --> 00:16:29,440 Speaker 2: on the show many many times, and Scott Bessen and 292 00:16:29,520 --> 00:16:33,640 Speaker 2: EJ Andntoni and doctor Peter Navarro and Russ Vote and 293 00:16:33,760 --> 00:16:36,080 Speaker 2: so many people that are all going to go into 294 00:16:36,120 --> 00:16:38,880 Speaker 2: the or almost all of them are going to go 295 00:16:38,960 --> 00:16:41,360 Speaker 2: into I got to keep Philip made to lose him too, 296 00:16:41,400 --> 00:16:42,720 Speaker 2: but I got to keep. I got to keep one 297 00:16:42,760 --> 00:16:46,640 Speaker 2: or two of the martialis and finance can't lose them all. 298 00:16:47,480 --> 00:16:49,200 Speaker 2: But right there that we named four or five that 299 00:16:49,240 --> 00:16:52,680 Speaker 2: are going in, why are they going in because exactly 300 00:16:52,720 --> 00:16:54,480 Speaker 2: what they've talked about with you over the last couple 301 00:16:54,520 --> 00:16:58,720 Speaker 2: of years. Because it's kind of phony growth, the growth 302 00:16:58,760 --> 00:17:01,280 Speaker 2: we've had, because it's just more it's a canesy and 303 00:17:01,440 --> 00:17:05,040 Speaker 2: continual high. John Maynard Keynes came up with the same 304 00:17:05,160 --> 00:17:09,000 Speaker 2: idea of stimulus during its softness in the kind of 305 00:17:09,000 --> 00:17:12,000 Speaker 2: industrial economies, Well, we haven't had after we took care 306 00:17:12,040 --> 00:17:16,000 Speaker 2: of the aggregate demand dropped during the pandemic. We told 307 00:17:16,040 --> 00:17:17,919 Speaker 2: you you had to bridge that. President Trump did that. 308 00:17:17,960 --> 00:17:20,440 Speaker 2: President Trump did that in the spring and summer of 309 00:17:20,840 --> 00:17:24,280 Speaker 2: twenty twenty. Bridge that drop in aggurate demand, as we 310 00:17:24,320 --> 00:17:25,800 Speaker 2: told you, And you had to bridge that to get 311 00:17:25,840 --> 00:17:27,879 Speaker 2: to the other side, given that we shut the country 312 00:17:27,920 --> 00:17:30,639 Speaker 2: down for the pandemic. If you did that again, like 313 00:17:30,680 --> 00:17:34,520 Speaker 2: the Inflation Reduction Act ironically titled You're just going to 314 00:17:34,600 --> 00:17:37,160 Speaker 2: drive inflation. Larry Summer told you that. Steve Banda told 315 00:17:37,160 --> 00:17:39,359 Speaker 2: you that. And guess what, we were right and everybody 316 00:17:39,400 --> 00:17:44,199 Speaker 2: else virtually was wrong. This inflation gets embedded. Then you 317 00:17:44,240 --> 00:17:46,879 Speaker 2: had this massive federal spending. If tax revenues don't keep up, 318 00:17:46,880 --> 00:17:48,480 Speaker 2: and you have these huge gaps, so you have these 319 00:17:48,800 --> 00:17:51,240 Speaker 2: tree and tree and a half dollar deficits. This is 320 00:17:51,240 --> 00:17:53,919 Speaker 2: why McCarthy got tossed. He gave them, you know, he 321 00:17:54,000 --> 00:17:57,080 Speaker 2: gave them a couple of years unlimited debt to spend. 322 00:17:57,359 --> 00:18:00,200 Speaker 2: Right with the debt deal, which by the way, comes back, 323 00:18:00,880 --> 00:18:02,840 Speaker 2: comes back. As we can use that as a as 324 00:18:02,880 --> 00:18:06,400 Speaker 2: a as a leverage in early January, and so now 325 00:18:06,400 --> 00:18:08,600 Speaker 2: we're adding a trade in dollars every hundred days. The 326 00:18:08,680 --> 00:18:13,040 Speaker 2: model's not sustainable if you ever run a business and say, hey, 327 00:18:13,520 --> 00:18:18,159 Speaker 2: you know, my cost way out my revenue, unless you've 328 00:18:18,160 --> 00:18:20,400 Speaker 2: got a sugar daddy like the Federal Reserve, they can 329 00:18:20,440 --> 00:18:23,440 Speaker 2: just keep printing fee at currency. They can't keep it up. 330 00:18:24,040 --> 00:18:26,360 Speaker 2: And this gets back to being the prime reserve currency. 331 00:18:26,440 --> 00:18:29,159 Speaker 2: We can do it because there are the prime reserve currency. 332 00:18:28,840 --> 00:18:32,479 Speaker 2: And in that regard President Trump, the bricks actually have 333 00:18:33,119 --> 00:18:36,840 Speaker 2: a legitimate gripe, right, a legitimate gripe, and so it's 334 00:18:36,840 --> 00:18:38,840 Speaker 2: a come upon us and President Trump knows this and 335 00:18:38,840 --> 00:18:41,480 Speaker 2: best knows this to get our own financial house in order. 336 00:18:42,000 --> 00:18:44,200 Speaker 2: And that's what's going to occur now. Liz Trust tried 337 00:18:44,240 --> 00:18:47,359 Speaker 2: it kind of going back to Ronald racing, which you 338 00:18:47,520 --> 00:18:51,000 Speaker 2: just can't do. And even Bessett and Trump understand it 339 00:18:51,080 --> 00:18:54,000 Speaker 2: just can't be a pure supply side because you've got 340 00:18:54,000 --> 00:18:56,280 Speaker 2: to somehow figure out how to kind of bridge this too, 341 00:18:56,680 --> 00:18:59,000 Speaker 2: because when you do the tax cuts, it does take 342 00:18:59,040 --> 00:19:02,080 Speaker 2: a while, it does take a while for the growth 343 00:19:02,119 --> 00:19:04,639 Speaker 2: in the revenue to kind of kick back in. And 344 00:19:04,720 --> 00:19:07,359 Speaker 2: so and we're big believers in these populous tax cuts, 345 00:19:07,400 --> 00:19:09,560 Speaker 2: of the tax cuts on social security, the tax cuts 346 00:19:09,560 --> 00:19:11,680 Speaker 2: on tips, the tax cuts on wages, and a whole 347 00:19:11,760 --> 00:19:14,400 Speaker 2: lot more, the interest free for the cars, a whole 348 00:19:14,400 --> 00:19:19,440 Speaker 2: lot more populist. But in France what happened is they 349 00:19:19,560 --> 00:19:24,120 Speaker 2: run basically a deficit of over six percent of GDP. 350 00:19:24,560 --> 00:19:27,720 Speaker 2: And since they ain't the frank ain't the the Europe 351 00:19:27,960 --> 00:19:31,680 Speaker 2: is not the prime reserve currency, they can't. They can't 352 00:19:31,680 --> 00:19:34,200 Speaker 2: bridge as they have to cut. And it came down 353 00:19:34,280 --> 00:19:37,800 Speaker 2: in their parliament of whose ox is going to get gored? 354 00:19:38,480 --> 00:19:40,560 Speaker 2: Is it going to be working class people with kind 355 00:19:40,600 --> 00:19:42,560 Speaker 2: of benefits and things in medical or is it going 356 00:19:42,600 --> 00:19:45,600 Speaker 2: to be their international still the remnants of the French 357 00:19:45,640 --> 00:19:48,560 Speaker 2: Empire in Sub Saharan Africa and North Africa, the Middle East, 358 00:19:48,880 --> 00:19:52,640 Speaker 2: and particularly sending money to Brussels to kind of pay 359 00:19:52,680 --> 00:19:56,119 Speaker 2: for the EU project, which was really a Franco German project. 360 00:19:57,200 --> 00:20:01,400 Speaker 2: So Philip Patrick a government fell, Liz Trust fell right 361 00:20:01,520 --> 00:20:04,920 Speaker 2: quite frankly, Kiers Starmer right. Now they've had over three 362 00:20:04,960 --> 00:20:07,960 Speaker 2: million people signed this petition. They won a new election. 363 00:20:08,119 --> 00:20:11,040 Speaker 2: Now it doesn't in the UK, you don't have to 364 00:20:11,040 --> 00:20:13,200 Speaker 2: have it, but they got it debated in commons. They've 365 00:20:13,240 --> 00:20:16,359 Speaker 2: already turned on him because those guys are less prepared 366 00:20:16,400 --> 00:20:18,919 Speaker 2: than Liz Trust to manage this thing. You had to 367 00:20:19,160 --> 00:20:23,040 Speaker 2: Rinny Sunach from Richie Sunac, from Goldman Sachs. He was terrible. 368 00:20:23,359 --> 00:20:26,640 Speaker 2: He got it upside down. La Penn has thrown down 369 00:20:26,640 --> 00:20:28,960 Speaker 2: hard and said, hey, and this is what's going to 370 00:20:28,960 --> 00:20:32,120 Speaker 2: happen here in the United States somehow. Scott Besson's plan 371 00:20:32,280 --> 00:20:34,440 Speaker 2: is the three three three, is that three percent. The 372 00:20:34,560 --> 00:20:38,320 Speaker 2: number one thing is to get the percentage of GDP 373 00:20:38,480 --> 00:20:42,000 Speaker 2: on the deficits down from over six which is like wartime, 374 00:20:42,119 --> 00:20:46,119 Speaker 2: like World War two level, down to three percent. Philip Patrick, 375 00:20:46,600 --> 00:20:48,960 Speaker 2: the reason they got in this was this concept called 376 00:20:49,200 --> 00:20:53,920 Speaker 2: modern monetary theory, and it emanated, like the French Revolution, 377 00:20:54,640 --> 00:20:57,200 Speaker 2: from the country of France. So it's quite interesting, sir, 378 00:20:57,320 --> 00:21:01,480 Speaker 2: and ironic that the French government that supported the very 379 00:21:01,520 --> 00:21:05,280 Speaker 2: folks are supported I think Picketty the economists that came 380 00:21:05,280 --> 00:21:07,840 Speaker 2: of the book Capital, which is they must read here 381 00:21:07,840 --> 00:21:11,440 Speaker 2: in the worm a lot dense. But brother, isn't ironic 382 00:21:11,520 --> 00:21:14,680 Speaker 2: that it's in his native country that this idea emanated 383 00:21:14,760 --> 00:21:18,560 Speaker 2: from that actually ended up destroying the part of the 384 00:21:18,560 --> 00:21:21,280 Speaker 2: government and Macron and these guys that he so believed in. 385 00:21:22,119 --> 00:21:24,679 Speaker 7: Yeah, it absolutely is, and it should serve as a 386 00:21:24,720 --> 00:21:27,160 Speaker 7: warning to us here in the United States for those 387 00:21:27,200 --> 00:21:31,360 Speaker 7: who don't know. Modern monetary theory posits that governments who 388 00:21:31,400 --> 00:21:35,639 Speaker 7: control their own currencies can finance their debt by creating money, 389 00:21:36,080 --> 00:21:40,240 Speaker 7: and that these nations are not constrained by traditional boring limits. 390 00:21:40,280 --> 00:21:43,080 Speaker 7: In other words, the idea is that debt doesn't matter, 391 00:21:43,520 --> 00:21:46,919 Speaker 7: and I think France's situation shows the limitations of this 392 00:21:47,040 --> 00:21:51,480 Speaker 7: approach very clearly. Their reliance on global investors to finance 393 00:21:51,560 --> 00:21:55,360 Speaker 7: its debt made it vulnerable to market reactions, as evidenced 394 00:21:55,359 --> 00:21:59,400 Speaker 7: by the recent bond sell of excessive death as it spending, 395 00:21:59,520 --> 00:22:04,240 Speaker 7: even on MMT principles can erode investor confidence, as we've 396 00:22:04,240 --> 00:22:07,840 Speaker 7: seen and lead to higher borrowing costs and create more 397 00:22:07,880 --> 00:22:11,600 Speaker 7: financial instability. I think it's a warning of the risks 398 00:22:11,640 --> 00:22:16,040 Speaker 7: associated with unrestrained fiscal policies, and that's why I think 399 00:22:16,080 --> 00:22:19,240 Speaker 7: the priority for us here in the United States needs 400 00:22:19,280 --> 00:22:22,639 Speaker 7: to be to get spending under control. Even if our 401 00:22:22,720 --> 00:22:29,119 Speaker 7: political leaders don't think that debt matters, investors do. Governments 402 00:22:29,160 --> 00:22:32,280 Speaker 7: can pretend that it doesn't, but they forget that Governments 403 00:22:32,280 --> 00:22:37,320 Speaker 7: don't control capital at the end of the day. Entrepreneurs, innovators, 404 00:22:37,720 --> 00:22:41,000 Speaker 7: and investors, they control the flow of capital. And they're 405 00:22:41,040 --> 00:22:44,280 Speaker 7: speaking in France right now. We need to act here 406 00:22:44,280 --> 00:22:46,800 Speaker 7: in the United States before we find ourselves in a 407 00:22:46,840 --> 00:22:47,680 Speaker 7: similar position. 408 00:22:49,440 --> 00:22:51,520 Speaker 2: This is why I love being in business with the 409 00:22:51,560 --> 00:22:53,560 Speaker 2: guys at Birch Goal, because they've come and said, hey, 410 00:22:53,760 --> 00:22:55,960 Speaker 2: as a primer and you've got to get the end 411 00:22:56,000 --> 00:22:58,200 Speaker 2: of the dollar empire. All the installments are amazing and 412 00:22:58,280 --> 00:23:00,159 Speaker 2: get you up to speed, but as a primer for 413 00:23:00,200 --> 00:23:02,320 Speaker 2: the massive debates that we're gonna have, and you're going 414 00:23:02,359 --> 00:23:04,520 Speaker 2: to participate in and be an active part of user 415 00:23:04,560 --> 00:23:07,760 Speaker 2: agency in January and then after President trumpkins in Jerry 416 00:23:07,760 --> 00:23:09,840 Speaker 2: twenty is. But starting the day that the debt ceiling 417 00:23:10,200 --> 00:23:12,480 Speaker 2: we hit again, we're going to do a We're doing 418 00:23:12,520 --> 00:23:14,800 Speaker 2: a one hopefully before the holidays. We're playing it or 419 00:23:15,040 --> 00:23:17,640 Speaker 2: beavering away right now. Spend tons of hours on research. 420 00:23:18,119 --> 00:23:22,520 Speaker 2: Is about modern monetary theory. The idea that destroy has 421 00:23:22,520 --> 00:23:25,400 Speaker 2: come close to destroying not just America but the world economy. 422 00:23:25,760 --> 00:23:28,600 Speaker 2: This is a very dangerous idea. It went unvetted and 423 00:23:28,640 --> 00:23:32,159 Speaker 2: by the way, the lords of easy money jumped all 424 00:23:32,200 --> 00:23:36,119 Speaker 2: over this Philip, you're working away. I'm working away with 425 00:23:36,160 --> 00:23:38,199 Speaker 2: you and your research team. I think this one's going 426 00:23:38,240 --> 00:23:40,160 Speaker 2: to be a blockbuster. We hope to have it out 427 00:23:40,240 --> 00:23:42,960 Speaker 2: right before the Christmas breaks. Everybody can take it, and 428 00:23:42,960 --> 00:23:44,880 Speaker 2: you're gonna have a homework assignment. I'm going to play 429 00:23:44,880 --> 00:23:48,800 Speaker 2: twenty questions on this because I love this series. But 430 00:23:48,840 --> 00:23:51,359 Speaker 2: I want to know people now, I think more than ever, 431 00:23:52,080 --> 00:23:53,800 Speaker 2: and I'm not saying go out and buy gold. Here's 432 00:23:53,840 --> 00:23:57,439 Speaker 2: what I'm telling you to do. Go talk to sophisticate 433 00:23:57,480 --> 00:24:00,800 Speaker 2: people like the folks at birsch Gold. Totally free get access. 434 00:24:00,800 --> 00:24:02,879 Speaker 2: They have tons of free information. They want you to 435 00:24:02,920 --> 00:24:06,320 Speaker 2: be smart what they want. They know a smart customer 436 00:24:06,680 --> 00:24:09,440 Speaker 2: and client is a repeat client. So Philip, where do 437 00:24:09,560 --> 00:24:11,840 Speaker 2: people go? Because now, more than ever, I tell you 438 00:24:12,040 --> 00:24:14,320 Speaker 2: this is I'm saying, Hey, we give me access to 439 00:24:14,320 --> 00:24:17,199 Speaker 2: these folks, take advantage of the access. Where do people go? 440 00:24:18,600 --> 00:24:23,399 Speaker 7: Very simple, Birchgold dot com forward slash spanning again, birch 441 00:24:23,440 --> 00:24:27,160 Speaker 7: Gold dot com forward slash spanning. That'll get them access 442 00:24:27,200 --> 00:24:29,679 Speaker 7: to free information as well as the end of the 443 00:24:29,720 --> 00:24:34,640 Speaker 7: Dollar Empire series. And they can get me at philippatrick On. 444 00:24:34,760 --> 00:24:40,560 Speaker 2: Geta Philip in the turbulence we're going to go through 445 00:24:40,600 --> 00:24:42,960 Speaker 2: because there's so many things that are coming together. We're 446 00:24:42,960 --> 00:24:44,639 Speaker 2: trying to right now work it all out so we 447 00:24:44,680 --> 00:24:48,400 Speaker 2: can actually give you a critical path. The global capital 448 00:24:48,440 --> 00:24:50,560 Speaker 2: markets are going to have a lot to say in this. 449 00:24:50,840 --> 00:24:53,760 Speaker 2: I mean, we're the whole world's or I think there's 450 00:24:53,800 --> 00:24:55,760 Speaker 2: three hundred tree in a debt if you add up everything, 451 00:24:55,960 --> 00:24:57,479 Speaker 2: If everything in the world kind of comes with three 452 00:24:57,560 --> 00:24:59,520 Speaker 2: hundred three and a debt, is what I think guys 453 00:24:59,560 --> 00:25:01,639 Speaker 2: have said on the back an envelop roth and I 454 00:25:01,720 --> 00:25:04,600 Speaker 2: keep saying, the worst thing could happened to us now 455 00:25:04,720 --> 00:25:07,760 Speaker 2: right now is to have a global margin call. But 456 00:25:07,880 --> 00:25:09,760 Speaker 2: that is really the risk of the turbulus. Give me 457 00:25:09,800 --> 00:25:12,119 Speaker 2: a minute on that before we go to break your thoughts. 458 00:25:13,280 --> 00:25:15,720 Speaker 7: It is the risk, and this is what we've talked about. 459 00:25:15,720 --> 00:25:18,480 Speaker 7: Trump's job right now is to grow the economy. And 460 00:25:18,520 --> 00:25:21,760 Speaker 7: the gamble that we have here is that GDP growth 461 00:25:21,880 --> 00:25:25,879 Speaker 7: outpaces debt growth. But it is a tough gamble. Debt 462 00:25:26,040 --> 00:25:28,760 Speaker 7: is growing at a rapid pace and has been since 463 00:25:28,800 --> 00:25:31,800 Speaker 7: the nineteen seventies, so it's a tough task and I 464 00:25:31,840 --> 00:25:35,560 Speaker 7: think shorter term, what we have to expect is economic 465 00:25:35,640 --> 00:25:40,960 Speaker 7: turmoil Trump's policies are extreme. We need extreme policies. We 466 00:25:41,040 --> 00:25:44,040 Speaker 7: need to address trade deficits, but that's going to involve 467 00:25:44,160 --> 00:25:47,240 Speaker 7: shaking up the economy. Shorter term. I've said it before 468 00:25:47,320 --> 00:25:50,359 Speaker 7: and I'll say it again, shorter term pain for longer 469 00:25:50,480 --> 00:25:54,560 Speaker 7: term gain. Precious metals specifically, I think will be a 470 00:25:54,760 --> 00:25:57,800 Speaker 7: very useful vehicle in weathering that storm. 471 00:26:00,119 --> 00:26:02,960 Speaker 2: Hedge for I don't know five ten thousand years of 472 00:26:03,000 --> 00:26:07,879 Speaker 2: man's recorded history, pick the date a long time, Philip Patrick, 473 00:26:07,960 --> 00:26:09,680 Speaker 2: love you brother, social media where they get. 474 00:26:09,600 --> 00:26:14,480 Speaker 7: You man at Philip Patrick on gheta At Philip Patrick 475 00:26:14,600 --> 00:26:17,560 Speaker 7: on Ghetta. 476 00:26:16,720 --> 00:26:21,800 Speaker 2: Philip Patrick, honor have you on here, sir? Thanks Birch 477 00:26:21,880 --> 00:26:23,840 Speaker 2: gold end of the Dollar Empire. We're doing this so 478 00:26:23,880 --> 00:26:26,320 Speaker 2: you can get up to speed on over the holidays, 479 00:26:26,359 --> 00:26:28,280 Speaker 2: taking a couple three days off. We're not here in 480 00:26:28,320 --> 00:26:32,840 Speaker 2: the war room. We can't. The reason we can't is 481 00:26:32,880 --> 00:26:36,920 Speaker 2: that we're trying to seize the institutions. Remember every day 482 00:26:37,000 --> 00:26:41,520 Speaker 2: here we're burning daylight until the twentieth of January in 483 00:26:41,560 --> 00:26:46,399 Speaker 2: the vanguard of the cadres and the posse need to 484 00:26:46,400 --> 00:26:49,680 Speaker 2: be here too. Tough times, hard times. Right now, We're 485 00:26:49,680 --> 00:26:51,240 Speaker 2: gonna take a suret commerci RK. We're gonna have a 486 00:26:51,280 --> 00:26:55,320 Speaker 2: partner's discussion, we get back of where we are and 487 00:26:55,400 --> 00:26:57,639 Speaker 2: where I think we need to go on. Next to 488 00:26:57,680 --> 00:26:58,400 Speaker 2: the Ward. 489 00:27:00,880 --> 00:27:03,439 Speaker 8: Was another Republican who is today you know, typically is 490 00:27:03,560 --> 00:27:06,040 Speaker 8: a very fair supporter of Trump's obviously the Senate, but 491 00:27:06,400 --> 00:27:09,760 Speaker 8: he said he was not sure about Trump's plan forward. 492 00:27:09,800 --> 00:27:11,920 Speaker 8: Listen to what he had to say. 493 00:27:13,119 --> 00:27:14,760 Speaker 9: I was supposed to sit down with them tomorrow, but 494 00:27:15,800 --> 00:27:17,960 Speaker 9: then cancel that meeting, So I don't I don't know where. 495 00:27:17,760 --> 00:27:18,520 Speaker 2: Things stand at the moment. 496 00:27:18,560 --> 00:27:19,800 Speaker 4: Do you think he's kind of more drown. 497 00:27:19,760 --> 00:27:22,520 Speaker 2: I don't know. But listen, I just the president. They 498 00:27:22,520 --> 00:27:23,919 Speaker 2: get a lot of the president, a lot of difference here. 499 00:27:23,960 --> 00:27:26,600 Speaker 9: I've said on support to folks, my perceptions will support 500 00:27:26,640 --> 00:27:27,640 Speaker 9: whoever he wants and. 501 00:27:27,560 --> 00:27:29,119 Speaker 2: Thinks he's gonna be great for his Canada. I'm not 502 00:27:29,359 --> 00:27:31,119 Speaker 2: one hundre percent clear to me who he wants the 503 00:27:31,119 --> 00:27:32,200 Speaker 2: secretary of Defense right now? 504 00:27:34,920 --> 00:27:37,080 Speaker 8: That sound a notable given you know, we've heard from 505 00:27:37,119 --> 00:27:39,440 Speaker 8: some of these senators saying let him have his confirmation 506 00:27:39,560 --> 00:27:41,800 Speaker 8: here and let's see, let's see what he has to say. 507 00:27:42,160 --> 00:27:44,920 Speaker 8: To Hally saying today, I don't know who Trump wants 508 00:27:44,960 --> 00:27:48,520 Speaker 8: to be Defense secretary, right, And. 509 00:27:48,480 --> 00:27:50,800 Speaker 4: That's my point from before, Caitlin that you know, if 510 00:27:51,040 --> 00:27:56,160 Speaker 4: if Trump is is very actively discussing other options, and 511 00:27:56,440 --> 00:27:59,120 Speaker 4: I know this from multiple sources. I'm sure you do too, 512 00:27:59,280 --> 00:28:01,640 Speaker 4: and Ronda Santa is one of them. Other people would 513 00:28:01,640 --> 00:28:03,640 Speaker 4: like to see Mike Waltz, it would still be sort 514 00:28:03,680 --> 00:28:07,119 Speaker 4: of mind boggling if ron DeSantis does get chosen and 515 00:28:07,480 --> 00:28:09,520 Speaker 4: Trump does pull the rug out from under hag Seth, 516 00:28:10,040 --> 00:28:12,520 Speaker 4: because you will just hear a replay of all of 517 00:28:12,560 --> 00:28:15,639 Speaker 4: these things that DeSantis said about Trump in their primary, 518 00:28:15,840 --> 00:28:19,919 Speaker 4: including about Trump's first indictment in Manhattan and the trial 519 00:28:19,960 --> 00:28:21,880 Speaker 4: related to a hush money payment to a porn star. 520 00:28:22,560 --> 00:28:25,520 Speaker 4: Putting all of that aside, Trump is sending signals to 521 00:28:25,600 --> 00:28:29,480 Speaker 4: these senators again. You know, I'm not really committed on 522 00:28:29,560 --> 00:28:32,680 Speaker 4: this until he starts really working the phones on this himself. 523 00:28:33,080 --> 00:28:35,400 Speaker 4: It sort of leaves hag Seth dangling there. 524 00:28:37,240 --> 00:28:43,480 Speaker 2: Okay, As a partner's discussion. The mandate President Trump got 525 00:28:43,520 --> 00:28:46,000 Speaker 2: in the verdict that the American people came into was 526 00:28:46,040 --> 00:28:49,560 Speaker 2: they want fundamental change. So many of the people that 527 00:28:49,680 --> 00:28:53,880 Speaker 2: are now part of our coalition Independence and Democrats were 528 00:28:54,120 --> 00:28:57,680 Speaker 2: some of the people that voted for Barack Obama once again. 529 00:28:57,760 --> 00:29:03,479 Speaker 2: This is still we're still dealing with the after effects 530 00:29:03,560 --> 00:29:07,800 Speaker 2: of the financial collapse of the financial markets in two 531 00:29:07,800 --> 00:29:12,400 Speaker 2: thousand and eight. They weren't properly recomposed, and the people 532 00:29:12,440 --> 00:29:16,640 Speaker 2: that caused that were not held accountable. Just not Danbury Prison. 533 00:29:17,200 --> 00:29:19,280 Speaker 2: There's a couple of white collar guys there. They can't 534 00:29:19,320 --> 00:29:21,480 Speaker 2: go to camps because their sentences are too long. Some 535 00:29:21,520 --> 00:29:23,800 Speaker 2: people got forty years, some people got twenty five years, 536 00:29:23,840 --> 00:29:28,160 Speaker 2: thirty years for what I would say was essentially marginalia 537 00:29:28,680 --> 00:29:32,600 Speaker 2: compared to what the criminals that brought about and profited 538 00:29:33,320 --> 00:29:35,680 Speaker 2: from those years leading up to two thousand and eight 539 00:29:35,720 --> 00:29:39,280 Speaker 2: and then ran for the hills right and had no accountability. 540 00:29:39,400 --> 00:29:44,240 Speaker 2: Why they're the lords of easy money. The sociopathic overlords 541 00:29:44,440 --> 00:29:48,320 Speaker 2: start with their backup as the lords of easy money. 542 00:29:48,560 --> 00:29:51,320 Speaker 2: It's about money and power. You know this, This is 543 00:29:51,320 --> 00:29:53,560 Speaker 2: why you watch the show. We don't there's so many 544 00:29:53,560 --> 00:29:56,520 Speaker 2: stories that we just don't chase. One, we don't do 545 00:29:56,560 --> 00:29:58,480 Speaker 2: them as well as other people they're do it great. 546 00:29:58,520 --> 00:30:00,800 Speaker 2: And number two, we just don't think they're all that important. 547 00:30:00,800 --> 00:30:04,440 Speaker 2: At the end of the day, we just don't. This 548 00:30:04,680 --> 00:30:08,720 Speaker 2: is the main event. This is the thing itself, or 549 00:30:08,760 --> 00:30:12,800 Speaker 2: as Captain Fanel always tells me, keep the main thing, 550 00:30:12,920 --> 00:30:16,560 Speaker 2: the main thing. Now that regard it's the Chinese cameras 551 00:30:16,600 --> 00:30:18,960 Speaker 2: Party and how it's the centerpiece of this global economy 552 00:30:19,000 --> 00:30:23,400 Speaker 2: that's upside down. But when you get down into the practical, 553 00:30:23,600 --> 00:30:26,280 Speaker 2: into the trenches, and the reason the show is so 554 00:30:26,440 --> 00:30:29,360 Speaker 2: powerful is that you people are the people not just 555 00:30:29,520 --> 00:30:34,040 Speaker 2: manned the trenches. You're those folks that are not worried 556 00:30:34,040 --> 00:30:36,640 Speaker 2: about going over the top and going into the fire. 557 00:30:37,920 --> 00:30:40,840 Speaker 2: That's a huge no. Everybody talks a big game until 558 00:30:40,840 --> 00:30:43,640 Speaker 2: it comes down to it. Everybody says, I'm going to 559 00:30:43,720 --> 00:30:45,440 Speaker 2: do this. I would do that if I was with 560 00:30:45,960 --> 00:30:48,440 Speaker 2: If I was at Lexington and Concord, I'd be there 561 00:30:48,480 --> 00:30:51,440 Speaker 2: at the Lexington Common Green. I'd be there at the 562 00:30:51,880 --> 00:30:55,800 Speaker 2: stone Bridge where Emerson wrote the poem about. I'd be there. 563 00:30:56,160 --> 00:30:59,720 Speaker 2: I'd be at Bunker Hill, right, I'd be at Valley Forge, 564 00:31:00,200 --> 00:31:02,720 Speaker 2: be after Valley Forge and those two winners in Morristown 565 00:31:02,760 --> 00:31:05,960 Speaker 2: that were worse than Valley Forge. I'd be at Yorktown, 566 00:31:06,160 --> 00:31:08,240 Speaker 2: King's Mount, all of it. I'd be there, all of it. 567 00:31:09,640 --> 00:31:14,160 Speaker 2: In Brooklyn when they're getting runoff, right, the American Dunkirk all, 568 00:31:14,200 --> 00:31:17,760 Speaker 2: I'd be there, I'd be there. Very few were there 569 00:31:18,880 --> 00:31:21,000 Speaker 2: just thinking this sphere. Very few, very few were ever 570 00:31:21,280 --> 00:31:27,240 Speaker 2: at the point of contact. What makes you so special 571 00:31:28,880 --> 00:31:33,800 Speaker 2: and unique is that you want to be at the 572 00:31:33,800 --> 00:31:37,800 Speaker 2: point of contact. You're like those great athletes. You remember 573 00:31:38,040 --> 00:31:42,280 Speaker 2: kids growing up, men or women, that they wanted the 574 00:31:42,320 --> 00:31:45,640 Speaker 2: ball when the game was on the line, not for ego, 575 00:31:45,920 --> 00:31:52,480 Speaker 2: but for some deeper, deeper, deeper point of just their being. 576 00:31:52,920 --> 00:31:56,960 Speaker 2: They wanted the ball because they knew that they could 577 00:31:57,000 --> 00:32:03,280 Speaker 2: do something to win. A god given talent. You can't 578 00:32:03,280 --> 00:32:08,240 Speaker 2: coach that got that or you don't. What's amazing about 579 00:32:08,280 --> 00:32:10,440 Speaker 2: this audience I keep talking about agency is that you 580 00:32:10,520 --> 00:32:14,360 Speaker 2: folks have it. It's pretty unique. And you've got to 581 00:32:14,400 --> 00:32:17,080 Speaker 2: remember we're not a show like Joe Rogan getting you know, 582 00:32:17,280 --> 00:32:19,520 Speaker 2: nine million bros every day, and I love those things. 583 00:32:19,520 --> 00:32:22,360 Speaker 2: Those things are great and they're fantastic. What these guys 584 00:32:22,400 --> 00:32:28,440 Speaker 2: do and how they give access your palette's different. You've 585 00:32:28,880 --> 00:32:30,920 Speaker 2: moved up the learning curve. We're kind of gone through 586 00:32:31,000 --> 00:32:33,160 Speaker 2: one oh one, and you know in two oh one 587 00:32:33,240 --> 00:32:34,640 Speaker 2: and now we're in the third or fourth year and 588 00:32:34,640 --> 00:32:37,800 Speaker 2: you're getting ready for graduate school. You saw this the 589 00:32:37,840 --> 00:32:39,920 Speaker 2: other day when President Trump put out that tweet or 590 00:32:39,960 --> 00:32:42,320 Speaker 2: the true social and bricks, I had very what is 591 00:32:42,320 --> 00:32:44,760 Speaker 2: exactly again is a brick? You don't need to tell 592 00:32:44,800 --> 00:32:47,040 Speaker 2: the war and possive that they understand it. They understand 593 00:32:46,880 --> 00:32:50,240 Speaker 2: the inextricably linked the nature of the US dollar being 594 00:32:50,240 --> 00:32:52,840 Speaker 2: the prime reserve currency, how important it is, and how 595 00:32:52,920 --> 00:32:57,440 Speaker 2: quite frankly, it comes with all types of kind of 596 00:32:57,520 --> 00:33:03,480 Speaker 2: empire maintaining things that one has to do that maybe 597 00:33:03,520 --> 00:33:05,240 Speaker 2: we don't want to do, and we should have a 598 00:33:05,320 --> 00:33:09,520 Speaker 2: national discussion on that. But hey, baby, if all of 599 00:33:09,560 --> 00:33:11,800 Speaker 2: a sudden you're not the prime reserve currency, now you 600 00:33:11,920 --> 00:33:16,840 Speaker 2: got big problems, right, you got big problems. But it 601 00:33:16,880 --> 00:33:20,280 Speaker 2: gets back to human agency, and it gets back to 602 00:33:20,800 --> 00:33:23,640 Speaker 2: what are we here for. We're not here just to 603 00:33:23,640 --> 00:33:29,120 Speaker 2: have a standard stock republican neoliberal, neo Kon administration. That's 604 00:33:29,240 --> 00:33:31,480 Speaker 2: not what the American people voted for. They didn't vote 605 00:33:31,480 --> 00:33:37,200 Speaker 2: for that for Obama. And why was Obama's popularity not 606 00:33:37,320 --> 00:33:39,280 Speaker 2: as strong as when he left Because he didn't make 607 00:33:39,320 --> 00:33:41,400 Speaker 2: the changes the American people, and the American people don't 608 00:33:41,400 --> 00:33:44,280 Speaker 2: actually fully know what those changes are because they're kept 609 00:33:44,320 --> 00:33:47,200 Speaker 2: in the dark about what the real problems are and 610 00:33:47,240 --> 00:33:50,200 Speaker 2: that's why cable news chases shiny toys. We don't chase 611 00:33:50,200 --> 00:33:53,840 Speaker 2: shiny toys here. You know, it gets back, It gets 612 00:33:53,880 --> 00:33:57,920 Speaker 2: back to some basic central things, the sovereigntyer of our 613 00:33:58,000 --> 00:34:00,880 Speaker 2: nation and the sovereignty of our nation against an internal 614 00:34:00,880 --> 00:34:03,960 Speaker 2: apparatus called the administrative of deep state that thinks it 615 00:34:04,000 --> 00:34:06,520 Speaker 2: has created a kind of a permanent empire and we 616 00:34:06,640 --> 00:34:08,640 Speaker 2: just all have to be there and kind of support 617 00:34:08,640 --> 00:34:10,640 Speaker 2: it no matter what it wants to do. And it's 618 00:34:10,880 --> 00:34:13,960 Speaker 2: made its global partners in the idea of the globe 619 00:34:13,960 --> 00:34:18,080 Speaker 2: more importantly more important than this nation, the sovereignty of 620 00:34:18,080 --> 00:34:22,880 Speaker 2: this nation and the paramount, the paramount status of her citizens. 621 00:34:24,760 --> 00:34:29,239 Speaker 2: As our movement matures, we're going into phase two and 622 00:34:29,280 --> 00:34:32,880 Speaker 2: phase two, yes, make America great again. The driving force 623 00:34:32,920 --> 00:34:35,640 Speaker 2: of this the President Trump's talk last night was so 624 00:34:35,760 --> 00:34:39,360 Speaker 2: powerful when he talked about what type of people in 625 00:34:39,400 --> 00:34:42,040 Speaker 2: this Biden regime would open up the floodgates and allow 626 00:34:42,160 --> 00:34:44,880 Speaker 2: I don't know, ten to fifteen million people into our 627 00:34:44,920 --> 00:34:51,719 Speaker 2: beloved country, unvetted, who would do that. To hear the 628 00:34:51,760 --> 00:34:54,360 Speaker 2: anguish in his voice and how that seared his soul, 629 00:34:56,120 --> 00:35:02,160 Speaker 2: you start to understand why being the American Cincinnatus to 630 00:35:02,280 --> 00:35:06,000 Speaker 2: have come back at the time for mar Lago to 631 00:35:06,040 --> 00:35:08,200 Speaker 2: go on the campaign trail, to do this all over again. 632 00:35:08,239 --> 00:35:11,480 Speaker 2: You understand his deep and abiding love of this republic, 633 00:35:11,560 --> 00:35:14,960 Speaker 2: his deep and abiding love of this country. For all 634 00:35:15,000 --> 00:35:20,279 Speaker 2: his imperfections. He's got imperfections. He's not perfect, as none 635 00:35:20,320 --> 00:35:22,800 Speaker 2: of us are perfect or even close to being perfect. 636 00:35:24,400 --> 00:35:27,360 Speaker 2: But he is an instrument of divine providence. Of that, 637 00:35:27,960 --> 00:35:31,440 Speaker 2: there is so much factual basis from the sixteen campaign 638 00:35:32,120 --> 00:35:36,400 Speaker 2: all the way to the one thousand millimeter of turning 639 00:35:36,400 --> 00:35:38,920 Speaker 2: his head and not having his head blown off on 640 00:35:39,000 --> 00:35:41,760 Speaker 2: Global TV or being impaired for the rest of his life. 641 00:35:43,360 --> 00:35:47,880 Speaker 2: He's providential and even providential. And brother Glenn Beck, I 642 00:35:47,920 --> 00:35:51,319 Speaker 2: think finally got this yesterday, that it was providential that 643 00:35:51,360 --> 00:35:52,960 Speaker 2: we had twenty as I've said for years, that we 644 00:35:52,960 --> 00:35:56,840 Speaker 2: had twenty twenty stolen. It's providential. I went to prison. 645 00:35:57,320 --> 00:36:00,319 Speaker 2: You don't ever hear me wanted about prison. Now. I 646 00:36:00,440 --> 00:36:02,480 Speaker 2: was meant to go to prison. I had to go 647 00:36:02,520 --> 00:36:07,359 Speaker 2: to prison, just in the dynamics, in the in the dialectic, 648 00:36:08,239 --> 00:36:15,960 Speaker 2: the dialectics of this movement of thesis, antithesis, synthesis. Right, 649 00:36:16,239 --> 00:36:17,799 Speaker 2: if you're not prepared to go to prison. I tell 650 00:36:17,800 --> 00:36:20,239 Speaker 2: people this, you're not prepared to go to prison. You're 651 00:36:20,239 --> 00:36:23,680 Speaker 2: in the wrong line of work. And now we see 652 00:36:23,719 --> 00:36:25,600 Speaker 2: on the other side, they ain't prepared to go to prison. 653 00:36:25,600 --> 00:36:29,040 Speaker 2: They're scrambler, getting passports, leaving the country, whining, throwing the 654 00:36:29,120 --> 00:36:31,719 Speaker 2: toys of the PRAM, crying every night. Try to do 655 00:36:31,800 --> 00:36:35,799 Speaker 2: preemptive pardons right for actions that they have done to 656 00:36:35,840 --> 00:36:39,239 Speaker 2: try to destroy this country, to try to destroy this country. 657 00:36:39,680 --> 00:36:43,239 Speaker 2: No accountability days coming, but to get there, this interregnum 658 00:36:43,280 --> 00:36:47,920 Speaker 2: so so so so important, and we have to always 659 00:36:47,960 --> 00:36:49,880 Speaker 2: be at flood tide. This is why I say flood 660 00:36:49,920 --> 00:36:55,560 Speaker 2: the zone activity activity urgency, activity urgency put them on 661 00:36:55,640 --> 00:36:58,480 Speaker 2: their back foot. Would they still have the huge power 662 00:36:58,480 --> 00:37:00,800 Speaker 2: of the media, the huge power still of Wall Street. 663 00:37:01,080 --> 00:37:05,120 Speaker 2: The established order is just because you win an election, 664 00:37:06,000 --> 00:37:07,440 Speaker 2: They're just not going to sit there and go, oh, 665 00:37:07,520 --> 00:37:10,880 Speaker 2: this is terrific. The guys in overhauls, the women with 666 00:37:10,920 --> 00:37:16,040 Speaker 2: the crazy hat right, the anti vaxxers, the election deniers, 667 00:37:16,640 --> 00:37:21,040 Speaker 2: all these all these marginal people, right, What did they 668 00:37:21,040 --> 00:37:23,480 Speaker 2: say they can smell the Walmart? What do they say 669 00:37:23,480 --> 00:37:28,000 Speaker 2: in the text messages between the f bad, the beloved, honored, FBI. 670 00:37:29,880 --> 00:37:33,600 Speaker 2: They can smell the Walmart on you in their text, 671 00:37:33,640 --> 00:37:36,279 Speaker 2: mean they can smell the Walmart on you. And you 672 00:37:36,360 --> 00:37:41,279 Speaker 2: know why you're deplorable and bind said allowed your garbage. 673 00:37:41,520 --> 00:37:45,919 Speaker 2: That's what they think, you're garbage. You've done so many 674 00:37:45,920 --> 00:37:50,880 Speaker 2: great things and have with President Trump and having his 675 00:37:51,040 --> 00:37:55,480 Speaker 2: back and putting him on your shoulders as our leader, 676 00:37:55,520 --> 00:37:57,759 Speaker 2: have saved this republic. But now it gets down to 677 00:37:57,800 --> 00:38:03,000 Speaker 2: the nitty gritty, nasty, just unpleasant reality of how you 678 00:38:03,080 --> 00:38:06,480 Speaker 2: have to take on to confront the established order. And 679 00:38:06,760 --> 00:38:08,600 Speaker 2: with these folks, you're not going to reason it away. 680 00:38:08,640 --> 00:38:12,840 Speaker 2: They're not looking for a rational argument. They kind of 681 00:38:12,920 --> 00:38:15,080 Speaker 2: know what the what should be done. They're not going 682 00:38:15,120 --> 00:38:16,720 Speaker 2: to do that. They know what's in their own interests, 683 00:38:16,719 --> 00:38:18,560 Speaker 2: and their own interests is they're going to keep control 684 00:38:18,560 --> 00:38:22,279 Speaker 2: of this apparatus and screw you. Trump's got for He's 685 00:38:22,280 --> 00:38:25,120 Speaker 2: already lame duck, according to them. They think he's a 686 00:38:25,160 --> 00:38:28,200 Speaker 2: lame duck. Trump will lose interest, Trump will los energy. 687 00:38:28,200 --> 00:38:30,560 Speaker 2: He's seventy eight years old. You want to go play golf, 688 00:38:31,200 --> 00:38:33,200 Speaker 2: And so we'll pick them off. We'll pick off these 689 00:38:33,239 --> 00:38:35,719 Speaker 2: fire breathers one at a time, Alynski, one on one, 690 00:38:35,719 --> 00:38:38,319 Speaker 2: pick them off one time. Gates, let's call him from 691 00:38:38,360 --> 00:38:41,880 Speaker 2: the herd, make a big deal about this stuff. Stuff. 692 00:38:41,920 --> 00:38:44,920 Speaker 2: He was never charged with stuff that, I think fully. 693 00:38:45,120 --> 00:38:47,720 Speaker 2: Just put it all out. There is a news story 694 00:38:47,760 --> 00:38:51,920 Speaker 2: for two days and then let's get on with it. 695 00:38:51,920 --> 00:38:56,320 Speaker 2: It's not what happened. Gates is gone. Polisa's Attorney general 696 00:38:56,400 --> 00:38:59,640 Speaker 2: may turn back up as a special counsel, special prosecutor. 697 00:38:59,680 --> 00:39:04,040 Speaker 2: Never know. Oh, remember, folks on the other side, there 698 00:39:04,040 --> 00:39:07,400 Speaker 2: were more tears shed for answered prayers than for unanswered 699 00:39:08,200 --> 00:39:12,800 Speaker 2: So watch what you pray for the law of unintended consequences. 700 00:39:14,920 --> 00:39:17,040 Speaker 2: Now we're in the second one. Pete Hexas pte Hex's 701 00:39:17,080 --> 00:39:20,479 Speaker 2: good man. P Hexas will make some change changes. Pete 702 00:39:20,520 --> 00:39:25,240 Speaker 2: Hexas comes from the generation that saw combat, that actually 703 00:39:25,320 --> 00:39:27,680 Speaker 2: got things done. Remember that was the greatest generation. The 704 00:39:27,680 --> 00:39:31,319 Speaker 2: greatest generation were not General Marshall and the people that 705 00:39:31,400 --> 00:39:34,840 Speaker 2: kind of led the war, General Patten. It was g 706 00:39:35,000 --> 00:39:39,200 Speaker 2: I Joe, it was Rosie the Riveter, That's what it was. 707 00:39:40,200 --> 00:39:42,920 Speaker 2: It was kind of those folks that actually got on 708 00:39:43,120 --> 00:39:45,640 Speaker 2: with it, that hit the beaches and by the way, 709 00:39:45,680 --> 00:39:50,000 Speaker 2: Sharon Stone, they hit the beaches at Normandy with no passports. 710 00:39:50,719 --> 00:39:54,000 Speaker 2: They didn't need a passport to get into France. You 711 00:39:54,040 --> 00:39:58,280 Speaker 2: know what got them into France. The courage, ma'am. Their courage, 712 00:39:58,600 --> 00:40:04,200 Speaker 2: their undaunted courage, just like this audience. So we have 713 00:40:04,239 --> 00:40:08,440 Speaker 2: another fight now, partners in this fight, we have to engage, 714 00:40:08,560 --> 00:40:11,879 Speaker 2: as Pete hegsath. If President Trump wants him, and every 715 00:40:11,880 --> 00:40:14,920 Speaker 2: indication I hear from everybody's President Trump wants him his 716 00:40:15,080 --> 00:40:17,959 Speaker 2: secretary Defense, then he will be the Secretary of Defense. 717 00:40:18,000 --> 00:40:20,680 Speaker 2: We'll we'll have to power through this. The same with 718 00:40:20,760 --> 00:40:24,480 Speaker 2: Cash Mattel, same with Tulcy Gabbard, the same with Christy 719 00:40:24,560 --> 00:40:27,279 Speaker 2: No and the same with Bobby Kennedy. Because they're coming 720 00:40:27,320 --> 00:40:30,880 Speaker 2: for all of them and more. But they want to 721 00:40:30,880 --> 00:40:33,040 Speaker 2: take that out. They want to cripple President Trump. They 722 00:40:33,040 --> 00:40:34,960 Speaker 2: want to just they want this to be a standard 723 00:40:34,960 --> 00:40:37,000 Speaker 2: stock Bush two point oh. Whall, he ain't going to 724 00:40:37,000 --> 00:40:42,040 Speaker 2: be Bush two point oh. You know why? Donald Trump 725 00:40:42,040 --> 00:40:46,920 Speaker 2: ain't Bush. Donald Trump is at the level of General 726 00:40:47,080 --> 00:40:51,120 Speaker 2: Washington and President Lincoln. This is the age of Trump. 727 00:40:51,239 --> 00:40:53,040 Speaker 2: And I know that hurts the feelings of the Morning 728 00:40:53,120 --> 00:40:55,560 Speaker 2: Meeker crowd, but this is the age of Trump. The 729 00:40:55,800 --> 00:41:01,680 Speaker 2: short commercial break back in a moment, here's your host, 730 00:41:01,960 --> 00:41:04,359 Speaker 2: Stephen k bat It's all like that. I can't hear 731 00:41:04,400 --> 00:41:09,560 Speaker 2: any of them. Okay, welcome back. We've got a little 732 00:41:09,560 --> 00:41:13,759 Speaker 2: technical problem, so bear with me, folks. Pete Hegsath has 733 00:41:13,800 --> 00:41:16,040 Speaker 2: put up and we'll try to get up here momentarily. 734 00:41:16,040 --> 00:41:18,959 Speaker 2: But Pete Hegxas just tweeted out, and I think Pete 735 00:41:18,960 --> 00:41:22,600 Speaker 2: Hexa is throwing down hard as Pete should. Uh. And 736 00:41:22,640 --> 00:41:24,920 Speaker 2: this is a very moving tweet if we can get 737 00:41:24,920 --> 00:41:26,200 Speaker 2: it up down but I know you just got it. 738 00:41:26,239 --> 00:41:29,920 Speaker 2: But it's got a picture of some men in combat 739 00:41:30,440 --> 00:41:34,080 Speaker 2: honoring one of the one of their dead, with how 740 00:41:34,120 --> 00:41:36,560 Speaker 2: they do the how they do their rifles and the helmets. 741 00:41:36,600 --> 00:41:39,120 Speaker 2: Very moving. Here's what it says. Maybe it's time for 742 00:41:39,280 --> 00:41:42,560 Speaker 2: a secretary of Defense who has letting combat, been on 743 00:41:42,640 --> 00:41:45,799 Speaker 2: patrol for days, pulled a trigger, heard bullets, whiz by, 744 00:41:46,040 --> 00:41:50,560 Speaker 2: called in close air support, led medovacs, dodge IED's, and 745 00:41:50,680 --> 00:41:54,000 Speaker 2: understands to his core the power of this photo because 746 00:41:54,040 --> 00:41:56,719 Speaker 2: he's been on that knee before this people taking a 747 00:41:56,719 --> 00:41:58,480 Speaker 2: bend at knee. If we can show that right there, 748 00:41:59,440 --> 00:42:01,879 Speaker 2: very power. Let's put it up. If we got it, yeah, 749 00:42:02,000 --> 00:42:04,399 Speaker 2: right there, look at that Pete Hexath, Pete Heexas throwe 750 00:42:04,400 --> 00:42:09,239 Speaker 2: down hard. We got Pete Hexas back. Pete Hexath is 751 00:42:09,280 --> 00:42:13,399 Speaker 2: not perfect, far from perfect. Maybe actually say May has 752 00:42:13,440 --> 00:42:18,239 Speaker 2: a couple three issues, that's okay, he'll work through those. 753 00:42:18,280 --> 00:42:21,360 Speaker 2: He's working through those. But he's the Secretary of Defense. 754 00:42:21,480 --> 00:42:23,800 Speaker 2: We need in the Secretary of Defense. We need today 755 00:42:23,880 --> 00:42:26,440 Speaker 2: taking on the Defense department, and Pete's going to be 756 00:42:26,520 --> 00:42:28,880 Speaker 2: with a great team around him. Is going to be 757 00:42:28,920 --> 00:42:31,239 Speaker 2: a struggle and we have to, I believe strongly, have 758 00:42:31,360 --> 00:42:36,080 Speaker 2: to cut the defense budget. We're not smartly using economic warfare, 759 00:42:36,160 --> 00:42:39,239 Speaker 2: and we're not smartly using information warfare, and we're not 760 00:42:39,280 --> 00:42:44,280 Speaker 2: smartly using cyber warfare. Enough. Remember the Chinese Communist Party 761 00:42:44,400 --> 00:42:47,439 Speaker 2: as our adversary, and know Mike Pence, Mike Pens gives 762 00:42:47,520 --> 00:42:49,960 Speaker 2: some mindless thing to the Chinese Chamber of Commerce, shall say, 763 00:42:50,040 --> 00:42:52,520 Speaker 2: Judas Pence, and he's yammering on about, Oh, they're a 764 00:42:52,520 --> 00:42:54,600 Speaker 2: competitor and strategic competitor. We don't want to make them 765 00:42:54,640 --> 00:42:58,080 Speaker 2: an enemy. No, sir, you got the intelligence briefings for 766 00:42:58,160 --> 00:43:00,239 Speaker 2: all those years. Now, we didn't need the intelli just 767 00:43:00,280 --> 00:43:02,759 Speaker 2: briefing is to tell us that, but they certainly reinforced it. 768 00:43:03,560 --> 00:43:06,440 Speaker 2: If you remember anything in that kind of dim brain 769 00:43:06,480 --> 00:43:09,919 Speaker 2: of yours. You would know that they're an enemy of 770 00:43:09,960 --> 00:43:12,120 Speaker 2: the United States and the enemy of the people the 771 00:43:12,200 --> 00:43:17,759 Speaker 2: United States. And remember, as this movement mature is it's 772 00:43:17,800 --> 00:43:22,040 Speaker 2: America first. But now next phase is American citizens first. 773 00:43:22,040 --> 00:43:24,240 Speaker 2: And so everything we do in regards to the Chinese 774 00:43:24,280 --> 00:43:28,240 Speaker 2: companies party, what is it in the interests of American citizens. 775 00:43:28,280 --> 00:43:31,520 Speaker 2: We know they're hacking every phone company right now in 776 00:43:31,560 --> 00:43:34,920 Speaker 2: some unbelievable way. Right they're just hacking it like crazy 777 00:43:34,960 --> 00:43:37,120 Speaker 2: because they're trying to get your information because guess what 778 00:43:37,880 --> 00:43:41,960 Speaker 2: they believe in unrestricted warfare. They believe in They believe 779 00:43:42,080 --> 00:43:45,960 Speaker 2: in all of that, right, whether it's economic warfare, political warfare, 780 00:43:46,360 --> 00:43:49,600 Speaker 2: psychological warfare, and if they have to, and if they 781 00:43:49,640 --> 00:43:52,480 Speaker 2: have to, they will get to. They will actually get 782 00:43:52,520 --> 00:43:59,560 Speaker 2: to they will get to kinetic warfare. Micha Lindell joins us, 783 00:43:59,560 --> 00:44:01,480 Speaker 2: like I said, that little technical problem, I don't know 784 00:44:01,520 --> 00:44:03,759 Speaker 2: how clear I'm gonna be here, Mike, And that hurts 785 00:44:03,800 --> 00:44:06,480 Speaker 2: me because I usually go out right away afterwards and 786 00:44:06,480 --> 00:44:09,520 Speaker 2: try to buy a my pillar. Mike Lindell sell me 787 00:44:09,520 --> 00:44:10,200 Speaker 2: a pillow. Brother. 788 00:44:11,200 --> 00:44:14,000 Speaker 9: Well, if you guys can hear me, as a lot of 789 00:44:14,040 --> 00:44:15,799 Speaker 9: these this is the last day for a lot of 790 00:44:15,800 --> 00:44:17,919 Speaker 9: these sales, but we're for the war Room policy. We're 791 00:44:17,960 --> 00:44:22,280 Speaker 9: putting everything up today. We're doing the Black Friday. Everything 792 00:44:22,320 --> 00:44:24,880 Speaker 9: we put on there and plus these other specials. But 793 00:44:25,200 --> 00:44:28,400 Speaker 9: the one you've all responded to is our flagship premium 794 00:44:28,480 --> 00:44:33,720 Speaker 9: My Pillow, the Queen Size eighteen ninety eight, King Size 795 00:44:33,840 --> 00:44:37,200 Speaker 9: nineteen ninety eight, the best Christmas gifts ever. Remember we're 796 00:44:37,239 --> 00:44:39,560 Speaker 9: putting the sixty day money back guarantee and all our 797 00:44:39,600 --> 00:44:42,320 Speaker 9: stuff out because you can buy them for Christmas to 798 00:44:42,880 --> 00:44:47,000 Speaker 9: March first of twenty twenty five. The factory is busy 799 00:44:47,239 --> 00:44:49,880 Speaker 9: and their lovingness and all the products we're going to 800 00:44:49,960 --> 00:44:51,080 Speaker 9: keep running for you guys. 801 00:44:51,400 --> 00:44:53,080 Speaker 2: Go to the go to the website. 802 00:44:53,120 --> 00:44:56,160 Speaker 9: You guys go to the My Pillow website, and you 803 00:44:56,160 --> 00:45:01,799 Speaker 9: guys have all fun for the warm for our mattresses, 804 00:45:01,840 --> 00:45:05,080 Speaker 9: the best mattresses in history, say fifty percent plus. You're 805 00:45:05,080 --> 00:45:07,480 Speaker 9: gonna get another one hundred dollars off with that promo 806 00:45:07,480 --> 00:45:11,399 Speaker 9: code war Room. The plannel sheets, we just get get 807 00:45:11,440 --> 00:45:13,840 Speaker 9: those before they're gone. You guys are responding to that 808 00:45:14,080 --> 00:45:17,719 Speaker 9: those are on sale and I we're gonna keep running those. 809 00:45:17,760 --> 00:45:20,680 Speaker 9: And then you have the mattress topper, that one you 810 00:45:20,719 --> 00:45:23,040 Speaker 9: guys have all got curing any bed into the best 811 00:45:23,040 --> 00:45:27,800 Speaker 9: bit everetety eight for the Queen, one hundred and nineteen 812 00:45:28,000 --> 00:45:30,680 Speaker 9: of ninety eight for the King, you guys. And there's 813 00:45:30,719 --> 00:45:33,080 Speaker 9: free shipping on up to the build on all the 814 00:45:33,120 --> 00:45:36,760 Speaker 9: products for the warm Room Posse. You got the bathrobes 815 00:45:36,840 --> 00:45:40,040 Speaker 9: fifty nine ninety eight, lowest price in history on those. 816 00:45:40,760 --> 00:45:43,399 Speaker 9: Those are gonna be those are gonna be going off sale. 817 00:45:43,480 --> 00:45:46,880 Speaker 9: Get those today. All the kitchen towels we just got 818 00:45:46,960 --> 00:45:50,160 Speaker 9: another shipment in. Those are the best gifts. There's nothing 819 00:45:50,280 --> 00:45:53,840 Speaker 9: like those towels. So you guys get it today. Today's 820 00:45:53,880 --> 00:45:57,520 Speaker 9: a big day for the war Room Posse. Get those specials. 821 00:45:57,600 --> 00:46:01,760 Speaker 9: Use promo code warm Room Steve, that number eight hundred 822 00:46:01,760 --> 00:46:04,520 Speaker 9: and eighty seven three one zero six to two. This 823 00:46:04,640 --> 00:46:06,840 Speaker 9: is a big win. These are moms and dads that 824 00:46:06,920 --> 00:46:09,800 Speaker 9: work from home. They want to hear from you guys, 825 00:46:09,880 --> 00:46:12,840 Speaker 9: and this is a win win win, And you guys 826 00:46:13,520 --> 00:46:16,360 Speaker 9: have supported us so much. And by the way, Steve, 827 00:46:16,600 --> 00:46:20,319 Speaker 9: we're getting attacked again as we speak this big new audit. 828 00:46:20,360 --> 00:46:23,800 Speaker 9: They're trying to just attack myself and Mike Pillow before 829 00:46:23,840 --> 00:46:25,839 Speaker 9: this administration leaves. 830 00:46:27,480 --> 00:46:30,040 Speaker 2: Brother, thank you so much. We'll give you a little 831 00:46:30,040 --> 00:46:32,719 Speaker 2: air cover on that. How about that? Thank you, brother, 832 00:46:32,880 --> 00:46:37,880 Speaker 2: Thanks Steve, thank you okay. From Saint John the Evangelist 833 00:46:38,880 --> 00:46:43,319 Speaker 2: The Book of Revelations via one of the greatest American 834 00:46:43,520 --> 00:46:48,120 Speaker 2: artists in the history of our arts, Johnny Cash, Billy Strings, 835 00:46:48,200 --> 00:46:52,080 Speaker 2: t Bone Burnett. When the man comes around, I want 836 00:46:52,080 --> 00:46:53,759 Speaker 2: to put back up. If Denver could do this for me, 837 00:46:53,880 --> 00:46:59,040 Speaker 2: put back up the Pete Hexath tweet. The battlefield cross 838 00:46:59,600 --> 00:47:04,759 Speaker 2: Hexa represents a new generation, a new generation of leaders, 839 00:47:05,239 --> 00:47:08,000 Speaker 2: a new generation that's not going to back down. They 840 00:47:08,160 --> 00:47:13,520 Speaker 2: volunteered for that duty, all of them. Nobody's drafted there. 841 00:47:13,520 --> 00:47:16,719 Speaker 2: They're all volunteers. And I know from a film I 842 00:47:16,800 --> 00:47:20,360 Speaker 2: made that I showed to the force recon Marines of 843 00:47:20,480 --> 00:47:24,920 Speaker 2: Terrible and Pelolu. They said, man, these young men and 844 00:47:24,960 --> 00:47:27,600 Speaker 2: women are the bravest of the brave, and coming from 845 00:47:27,680 --> 00:47:31,080 Speaker 2: the greatest generation's tip of the spear. That sends a lot. 846 00:47:32,600 --> 00:47:35,520 Speaker 2: But Pete Hexas says that he's been there with a 847 00:47:35,520 --> 00:47:38,640 Speaker 2: couple of three battlefield crosses. Well, hey, guess what, You're 848 00:47:38,680 --> 00:47:41,000 Speaker 2: in a new battlefield now, Pete, and we got your back. 849 00:47:42,000 --> 00:47:44,480 Speaker 2: And anybody that doesn't support the president of this starts 850 00:47:44,480 --> 00:47:48,879 Speaker 2: talking about all alternatives. You're not helping the program. They 851 00:47:48,960 --> 00:47:51,880 Speaker 2: want us. They want to get defeat after defeat to 852 00:47:51,960 --> 00:47:58,400 Speaker 2: take the momentum off President Trump. Remember that now we 853 00:47:58,440 --> 00:48:02,520 Speaker 2: should be flooding the zone in seizing control of the institutions. 854 00:48:04,000 --> 00:48:06,120 Speaker 2: One that's going to be seized control of is the 855 00:48:06,120 --> 00:48:09,200 Speaker 2: Federal Bureau of Investigation, and that is going to be deconstructed. 856 00:48:09,239 --> 00:48:12,600 Speaker 2: And I realized the criminals over there, the American Gestapo 857 00:48:12,719 --> 00:48:17,840 Speaker 2: doesn't like that. Guess what, Like Lincoln said about the 858 00:48:17,840 --> 00:48:21,520 Speaker 2: Emancipation Proclamation, we put you on the ballot, folks for 859 00:48:21,560 --> 00:48:25,040 Speaker 2: two years, and the American people rendered their verdict. They 860 00:48:25,080 --> 00:48:28,319 Speaker 2: rendered their verdict and cash but Tell and others are 861 00:48:28,320 --> 00:48:33,120 Speaker 2: going to execute on that verdict. Tough break for some 862 00:48:33,239 --> 00:48:36,880 Speaker 2: swell guys and gals all across the administrative in the 863 00:48:36,960 --> 00:48:42,239 Speaker 2: Deep State. Charlie Kirk is next. Jack Besovik follows that 864 00:48:42,400 --> 00:48:46,520 Speaker 2: we're back here five to seven live tonight, as we 865 00:48:46,600 --> 00:48:56,080 Speaker 2: are every night. See then back in the world,