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Speaker 1: So we're lowering that to three thousand, and we're also

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Speaker 1: targeting the two counties here, and we're going to do

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Speaker 1: enhance surveillance. And from now on, anyone who wires money

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Speaker 1: out from one of these money service businesses has to

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Speaker 1: check a box saying whether they are on public assistance.

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Speaker 1: And if you were on public assistance, we are going

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Speaker 1: to start pushing that you cannot wire money out of

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Speaker 1: the country.

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Speaker 2: Oh gosh, what if they lie and they don't.

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Speaker 3: Tell us lits, Well, then that's a crime federal form.

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Speaker 1: We're going to follow it up, and we are going

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Speaker 1: to push that you can no longer do that. The

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Speaker 1: American people, our generosity has been taken.

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Speaker 3: Advantage of our generosity is funding El Schabob in Iranian interest.

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Speaker 3: It could be well, the money, this is really bad.

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Speaker 1: The money is supposed to go for alleged asylum seekers

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Speaker 1: and their families and children. And if you were wiring

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Speaker 1: the money out of the country, one of two things

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Speaker 1: must be true. You are getting too much money and

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Speaker 1: your benefits should be cut, or you were part of

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Speaker 1: this conspiracy. Where did that money come from? We're going

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Speaker 1: to find it out. That's what Treasury does. IRS has

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Speaker 1: a group called Criminal Investigations. President Trump is committed to

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Speaker 1: restoring accountability to put Minnesota back on the right track.

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Speaker 1: Under President Trump's leadership, the entire administration is focused on

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Speaker 1: delivering results for the American people. Our citizens have a

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Speaker 1: right to know that their tax dollars are not being

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Speaker 1: diverted to fund acts of global terror or to fund

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Speaker 1: luxury cars for fraudsters. Democratic Governor Tim Waltz has allowed

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Speaker 1: welfare programs and fraud to spiral, spiral, out of control,

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Speaker 1: out of control. Billions of dollars intended for hungry children,

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Speaker 1: housing for disabled seniors, and services for children with special

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Speaker 1: needs were diverted to people who cheated the city, some

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Speaker 1: of whom are not even American citizens. At Treasury, we

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Speaker 1: are thoroughly investigating the fraud, including funds sent to Somalia

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Speaker 1: through money service businesses, which provide financial services outside of

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Speaker 1: a formal bank.

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Speaker 2: This is the primal scream of a dying regime.

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Speaker 4: Pray for our enemies, because we're going to medieval on

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Speaker 4: these people.

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Speaker 5: There's not got a free shot.

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Speaker 2: All these networks lying about the people. The people have

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Speaker 2: had a belly full of it.

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Speaker 4: I know you don't like hearing that I know you've

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Speaker 4: tried to do everything in the world to stop that,

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Speaker 4: but you're not going to stop it.

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Speaker 5: It's going to happen.

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Speaker 2: And where do people like that go to share the

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Speaker 2: big line?

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Speaker 1: Mega media? I wish in my soul, I wish that

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Speaker 1: any of these people had a conscience.

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Speaker 4: Ask yourself, what is my task and what is my purpose?

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Speaker 2: If that answer is to save my country, this country

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Speaker 2: will be saved war Room.

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Speaker 6: Here's your host, Stephen K.

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Speaker 4: Bath, Saturday, ten January, y're Veller, twenty twenty six. We're

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Speaker 4: gonna get to in a moment what is happening in Minneapolis,

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Speaker 4: also Grapevine, Texas. This amazing conference we had yesterday topped

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Speaker 4: off by Gert Wilders, Glenn Beck and myself, Grant Stinchfield

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Speaker 4: and others about the isamalization of Texas. We're going to

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Speaker 4: get to all that in a moment and also talk

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Speaker 4: to you about the launch of War Room Texas on Monday.

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Speaker 5: But first, the Secretary Treasury joins us.

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Speaker 4: You know I talked about last night in my speech

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Speaker 4: in Grapevine, the tailor of three cities, Tehran, Minneapolis and Grapevine, Texas.

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Speaker 4: But Scott with you, You mister Secretary, it's really two

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Speaker 4: Tales of one City. We had you there and we

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Speaker 4: covered this wall to wall. Your your amazing speech, I think,

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Speaker 4: to the Economic Club to talk about the economy. Then

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Speaker 4: you toured various factories, you had roundtables, you stayed there

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Speaker 4: for two days. You had the great Laura Ingram out

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Speaker 4: there with you, incredible interview and Laura showing an enormous bravery,

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Speaker 4: you know, dealing with that mob out there.

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Speaker 5: But can you just give me your assessment?

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Speaker 4: And right there at the end of spontaneous combustion in

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Speaker 4: a restaurant where the good citizens of Minneapolis, I think

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Speaker 4: are telling us, hey, this is the guy that's Trump's

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Speaker 4: guy on the economy, and we're kind of liking what

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Speaker 4: we're seeing. And I don't remember. I think the first

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Speaker 4: time in the history of the Republic. Might maybe it

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Speaker 4: happened to Hamilton back at the beginning. I don't remember

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Speaker 4: anybody and any audience or or just customers, basic Americans,

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Speaker 4: decent Americans breaking out in USA.

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Speaker 5: Chance when a.

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Speaker 4: Secretary Treasury walks into a restaurant, just tell us the

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Speaker 4: two Tales of One City, because we saw following you

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Speaker 4: one and then we had the Pasobas out there and

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Speaker 4: Julio and others with these riots. And then last night

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Speaker 4: couldn't have gotten more dangerous. One thousand Antifa surrounded the Hilton,

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Speaker 4: broke into the hotel. I mean, really kind of potential.

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Speaker 4: You wanted to hold the ICE agent's hostage. Your thoughts, sir.

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Speaker 1: Steve, good morning, Good to be with you. And look

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Speaker 1: what we're seeing out here is what's going on in

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Speaker 1: larger America. It's a tale of two Americas. We've got

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Speaker 1: people who gather for college football over a Saturday, go

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Speaker 1: to church on Sunday, and then we got these protesters

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Speaker 1: who have nothing to do except attack ICE agents, whether

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Speaker 1: it's in Portland or Minneapolis. And I can tell you

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Speaker 1: there is this big silent majority, big silent majority. When

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Speaker 1: I was in Maynard's Restaurant on Lake Wisetta ar Lake, Minnetonka,

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Speaker 1: and spontaneous combustion, people started channing USA. And that wasn't

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Speaker 1: for Scott bessen't the Treasury Secretary. That is for the

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Speaker 1: MAGA movement, that is for the Trump presidency. They love

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Speaker 1: what's doing, what's happening. They see that the economy is

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Speaker 1: getting better. They see that President Trump has saved this

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Speaker 1: country and they like his policies. He secured the border,

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Speaker 1: he's made free trade fair trade, and now this year

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Speaker 1: we are going to see the economic benefits and it

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Speaker 1: couldn't be different. Minnesota nice has taken advantage of. My

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Speaker 1: sense is that the people of Minnesota, having been very generous,

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Speaker 1: are now feeling abused and used and they want answers.

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Speaker 4: Missus Secretary noticed in the time of known you as

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Speaker 4: a friend, You've been a colleague and a contributor here,

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Speaker 4: known you for years and then going to be Treasury

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Speaker 4: sector running this huge church fund. I want to go through.

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Speaker 4: What message did you tell the business leaders and the

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Speaker 4: companies and you're a listener, what feedback did you get

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Speaker 4: from the business community of Minneapolis and the different entrepreneurs

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Speaker 4: you went around us all. What feedback did you get

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Speaker 4: any mid course guidance, any recommendations?

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Speaker 5: What are the folks at Minnesota tell you?

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Speaker 1: Well, folks out of Minnesota, the business people here, we

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Speaker 1: are in the great American industrial heartland, and it's the

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Speaker 1: exact kind of businesses the President Trump is trying to

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Speaker 1: bring back. There are gigantic family owned businesses here, and

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Speaker 1: Tim Waltz and almost a generation of Democratic politicians have

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Speaker 1: taken advantage of the fact that these folks are not mobile,

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Speaker 1: that their families have been here, maybe multi generational, Maybe

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Speaker 1: they moved here in the seventies, eighties, nineties. Up until

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Speaker 1: the early two thousand, Minnesota was business friendly. Now it

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Speaker 1: has the second highest corporate tax rate in America. They

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Speaker 1: are feeling besieged and they think that the government isn't

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Speaker 1: on their side. I was at a very large home

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Speaker 1: products a factory called Cambria, and the owner there could

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Speaker 1: not have been more grateful for the TIFFs, and he

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Speaker 1: said there's still more to do on trade, that if

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Speaker 1: we could bring his Southeast Asian competitors into fair trade,

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Speaker 1: that he could have three to four more factories the

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Speaker 1: size of his to supply the US building industry. But

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Speaker 1: he says that whether it's Chinese, the Indians, the other

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Speaker 1: Southeast Asian competitors keep copying his products and trying to

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Speaker 1: undercut him. And prosident Trump has helped save his company.

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Speaker 1: And I believe it's eighteen hundred jobs here. So we're

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Speaker 1: hearing the same thing from everyone. They love the one

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Speaker 1: big beautiful bill, the expensing one hundred percent expensing provision

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Speaker 1: has made new investment possible. I was at Winnebago, and

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Speaker 1: I guess they are very innovative. They are trying to

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Speaker 1: design what their customers want. A lot of that has

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Speaker 1: to do with batteries, and they've undertaken a big battery

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Speaker 1: initiative research development center down in Florida. And they would

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Speaker 1: not have done it without the President's one hundred percent

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Speaker 1: immediate expensing that was in the July fourth bill. So

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Speaker 1: we've just got to sit back. The manufacturing renaissances beginning.

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Speaker 1: I saw I did a roundtable with community banks. I

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Speaker 1: saw the largest bank out here, US Bank Corp. And

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Speaker 1: they said, contrary to the New York Times and even

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Speaker 1: the Wall Street Journal this morning, that their clients all

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Speaker 1: up and down the economic chain are in excellent shape.

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Speaker 1: Consumers are spending. So this narrative that the job market's

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Speaker 1: tough and that people are pinched, they've never seen it before.

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Speaker 1: If the consumer is spending like.

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Speaker 4: This, what is the Wall Street Journal seems to Are

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Speaker 4: they looking at a different set of numbers because they've

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Speaker 4: been consistently I think negative on everything is happening. I mean,

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Speaker 4: I look at the math and I come to a

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Speaker 4: very different conclusion.

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Speaker 5: They look at.

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Speaker 4: I think the same math that you and I look at,

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Speaker 4: they come to a different conclusion.

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Speaker 5: How do you how do you reconcile that?

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Speaker 1: Look, Steve, that a any data set is an average

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Speaker 1: or media and a central tendency, and there can be

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Speaker 1: outliers in the data. They just immediately gravitate to this

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Speaker 1: doomsday scenario because the Wall Street Journal editorial board can't

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Speaker 1: stand the president's policies. A bunch of grumpy old men

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Speaker 1: over there do not want to admit that they have

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Speaker 1: been fantastically wrong. Everything that they have stood for is crumbling.

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Speaker 1: That they created this terrible trade situation. I mean, look, look, Steve,

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Speaker 1: in October we had the best trade number, the smallest

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Speaker 1: trade deficits since two thousand and nine. I've been in

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Speaker 1: the investment business thirty five forty years. When I first

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Speaker 1: started nineteen eighties, nineteen nineties, trade used to contribute to GDP.

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Speaker 1: But then we got to these massive trade deficits and

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Speaker 1: it was ross Barrow said it was a giant sucking sound.

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Speaker 1: So everyone was, oh my gosh, what it was unexpected

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Speaker 1: that the GDP was so strong in October. It was

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Speaker 1: strong because of exports, and again, what's not going reported

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Speaker 1: anywhere is that the trade deals that President Trump has done,

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Speaker 1: and Jamison Career has negotiated the details in a magnificent way.

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Speaker 1: Magnificent way is the headline is always the tariff. The

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Speaker 1: US has put a fifteen percent tariff on You're fifteen

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Speaker 1: percent tariff on Japan, eighteen, nineteen, twenty percent on Philippines, Indonesia, Vietnam.

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Speaker 1: The other side of that, Ledger Steve, is why we

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Speaker 1: saw that big GDP number, because Jamison is going in

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Speaker 1: with a machete and with President Trump's backing and insistence,

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Speaker 1: our trading partners are taking down their high tariffs down

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Speaker 1: to zero. They're removing the non tariff trade barriers, and

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Speaker 1: that's why we're seeing this export flow pick up, and

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Speaker 1: nobody wants to talk about that. The other thing, too, is,

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Speaker 1: as I've said many times, that the Trump economic oh go.

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Speaker 4: Ahead, no, no, no, no, what just one thing went the

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Speaker 4: Trump economy of the day, and once you reave, they

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Speaker 4: had exports up thirty percent, imports down thirty percent, smallest

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Speaker 4: trade devilicit we've had in decades. And the Financial Times

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Speaker 4: of London and the Wall Street Journal will just not

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Speaker 4: take that basic number and just address it. Also the tariffs,

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Speaker 4: there's been no uh, there's been no data at all

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Speaker 4: this show. There's been any price increases. Joe Lavarney said,

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Speaker 4: your your guy over Treasury, We're about to have a

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Speaker 4: disinflationary boom, which is extraordinary.

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Speaker 5: I tay Scott Hanger.

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Speaker 4: For one seconds, the Secretary, We're gonna go to commercial

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Speaker 4: break to pay a few bills here. The Trump Economic Plan,

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Speaker 4: which is a combination of the supply side tax cut

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Speaker 4: to bring manufacturing jobs back to the United States, coupled

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Speaker 4: with his trade the reorganization of commercial relationships globally from

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Speaker 4: the post war economic rules based order, which only ripped

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Speaker 4: off workers in the American citizens. Uh that now the

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Speaker 4: tariffs as a forcing function, remember either going to force

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Speaker 4: you to bring manufacturing jobs back here. Remember we had

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Speaker 4: the Secretary on I think about a month ago, right

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Speaker 4: before I think the Christmas holidays. He was in South

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Speaker 4: Carolina of I believe a Germans had put in some

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Speaker 4: advanced technology I think was in magnets.

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Speaker 5: Right, That's that's what the terrfs for.

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Speaker 4: And now you see that exports are up thirty percent,

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Speaker 4: imports are down thirty percent. There's no discernible inflation through

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Speaker 4: the tariff numbers.

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Speaker 5: What's not to love. This is the execution of the plan.

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Speaker 4: And this is why the doom and gloomers at the

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Speaker 4: Wall Street Journal, the Financial Times of London, the Business

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Speaker 4: section of the New York Times, Bloomberg. I'm just picking

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Speaker 4: some random, random examples. Short commercial break, We're going to

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Speaker 4: return to the War Room and the Secretary Treasury Scott

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Speaker 4: Bessant on some basic math of the Trump economic revolution.

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Speaker 2: Next America.

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Speaker 6: Room, here's your host, Stephen K.

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Speaker 5: Bath M's the Secretary.

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Speaker 4: You were You were on a roll there about what

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Speaker 4: the what the trade policy has done in combination. I mean,

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Speaker 4: that's the two that's the pincer move. You got the

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Speaker 4: commercial relationships, the trade policies. What's blown me away is, uh,

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Speaker 4: first off, just the history of it. Then the first

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Speaker 4: term how difficult it was because these things are so complicated,

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Speaker 4: they're such scale, and they've gone through you know, so

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Speaker 4: many different operations in the government have to sign off

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Speaker 4: on it. I don't think people quite appreciate the urgency

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Speaker 4: you people had to actually start to get trade deals

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Speaker 4: in place in six months and actually start to see

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Speaker 4: the benefit of Normally these things take years. It took

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Speaker 4: years to negotiate previous trade deals with Korea and Japan

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Speaker 4: and others. You guys are doing them in six, seven,

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Speaker 4: eight months and having them going to immediate impact. And

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Speaker 4: then my it and you're seeing not just capital markets respond,

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Speaker 4: but also corporations respond, Sir.

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Speaker 1: Steve. President Trump's economic agenda is a three legged stool

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Speaker 1: that I've talked about quite a bit before. So the

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Speaker 1: first is trade. We've talked about that. Trade deals are

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Speaker 1: on track, successful percolating along tax policy. Another leg of

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Speaker 1: the stool, one big beautiful bill. No one said it

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Speaker 1: could be done. It was done by July fourth, with

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Speaker 1: President Trump's leadership and Mike Speaker Johnson Leader Thoon pushing

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Speaker 1: both bodies of Congress to get that done. So check.

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Speaker 1: And then three, the unheralded part, or the third leg

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Speaker 1: of the stool is deregulation, and deregulation against all parts

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Speaker 1: of the economy. Because when I'm out here in Minnesota,

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Speaker 1: these folks like making things like this is a manufacturing hub.

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Speaker 1: They are great at it. They innovate, they build, and

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Speaker 1: that's what they want to do. And with the deregulation,

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Speaker 1: I think one of the surprises for me coming into

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Speaker 1: government was how hard we had made it in the

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Speaker 1: US to build things like forget the unfair trade. The

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Speaker 1: EPA had just chased everyone out of the country in

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Speaker 1: terms of the manufacturing. So yes, it was cheaper to

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Speaker 1: build than China, India, Mexico, but you just couldn't build here.

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Speaker 1: And President Trump Lee Zelden at the EPA is knocking

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Speaker 1: down those barriers. At Treasury, we have cut back on

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Speaker 1: unnecessary financial regulations. We're going to keep things safe and sound.

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Speaker 1: But Oliver Wyman estimates that our moves and deep financial

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Speaker 1: deregulation have the increased the ability for banks to lend

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Speaker 1: by two point five trillion dollars to the US economy.

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Speaker 1: And then energy deregulation. In terms of what we're doing,

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Speaker 1: we've got to power this boom that we're seeing in

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Speaker 1: the economy. Steve, Right now, if you take the Atlanta

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Speaker 1: Fed GDP now and the implation numbers, we have eight

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Speaker 1: percent nominal growth, eight percent nominal growth. We're holding spending flat,

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Speaker 1: and we are going to grow our way out of

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Speaker 1: this debt problem. The unheralded thing that happened last year

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Speaker 1: was we'll see where the final calendar year number settles

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Speaker 1: but the US deficit for calendar year twenty twenty five

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Speaker 1: is going to be between two hundred and fifty billion

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Speaker 1: and five hundred billion lower, so between approximately one percent

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Speaker 1: of GDP and one and a half percent of GDP.

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Speaker 1: And that's with high GDP numbers. So the third quarter

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Speaker 1: GDP that's surprised everyone was four point three percent. The

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Speaker 1: private sector GDP was four four point seven or four

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Speaker 1: point eight percent. We cut government spending, so we had

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Speaker 1: a contraction in the government and the private sector boom

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Speaker 1: is powering this thing. It is the It really is

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Speaker 1: kicking in, and I think twenty twenty six is going

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Speaker 1: to be even better because I'm also the IRS Commissioner,

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Speaker 1: so I can see the tax refunds that are waiting

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Speaker 1: to go out to Americans. One of the things I

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Speaker 1: announced at the Economic Club of Minneapolis was we're starting

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Speaker 1: the tax filing season about the earliest we've done in

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Speaker 1: a decade January twenty six. And these refunds to working

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Speaker 1: Americans because of the President's signature policies no tax and tips,

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Speaker 1: no tax in overtime, no tax and solid security. Auto

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Speaker 1: deductibility of American made cars is going to result in

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Speaker 1: over one hundred billion, maybe one hundred and fifty billion

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Speaker 1: of tax refunds going to working Americans in the first quarter.

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Speaker 1: Americans will change their withholding schedule and they will get

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Speaker 1: an automatic bump in their take on pay. So I

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Speaker 1: am very optimistic that where you're going to have substantial

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Speaker 1: non inflationary growth, as Joe Lavornia says, they have four

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Speaker 1: to twenty twenty six.

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Speaker 4: I noticed President is taking a pretty strong populist drive

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Speaker 4: in the last couple of weeks. I mean, he is

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Speaker 4: a populist, but going after talk to me about it,

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Speaker 4: looks like the private equity guys no longer.

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Speaker 5: He's going to try to block him from.

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Speaker 4: Buying homes, getting into the real estate market maybe I

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Speaker 4: think condos and apartments maybe. Also yesterday say he's going

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Speaker 4: to limit credit cards to ten percent. He had the

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Speaker 4: oil companies that are talk about Venezuela, but he's also

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Speaker 4: hammered in them, jaw boning them about full spectrum energy dominance.

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Speaker 4: He wants he wants price of energy even to come

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Speaker 4: down more. Talk to me about these things that are

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Speaker 4: happening right now. The President Trump's directly going after the

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Speaker 4: affordability issue.

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Speaker 1: Yeah, Look, he wants corporate America to get on board

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Speaker 1: with the American people and think about what's happening in Venezuela.

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Speaker 1: We'll see what happens in Iran. And he had mostly

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Speaker 1: big oil in but I can tell you that I've

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Speaker 1: been part of the talks private oil companies, the wildcatters,

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Speaker 1: and these are substantial individuals. They are chumping at the

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Speaker 1: bit to get in. And CEO of Exxon came out

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Speaker 1: and said, well, we need to see substantial change in

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Speaker 1: Venezuela before we can do much. There is substantial change

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Speaker 1: in Venezuela. And you've got to live in the future

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Speaker 1: because what will happen just like with fracking. Just like

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Speaker 1: with fracking, that the individuals come in, they make billions

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Speaker 1: of dollars, and then they sell on to the oil majors.

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Speaker 1: So I think this narrative that the big oil won't

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Speaker 1: be involved. These wildcatters are big oil. And then Chevron,

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Speaker 1: who has been a fantastic partner over the years in

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Speaker 1: dealing with Venezuela with the sanctions, they've really managed a

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Speaker 1: difficult regime really well, is going to do more. So

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Speaker 1: my senses, the Chevron will have the lead there and

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Speaker 1: then these other initiatives. Of course, private equity should not

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Speaker 1: be buying single family homes. They have a huge tax

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Speaker 1: advantage over individual buyers. And everyone says, well, it's not

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Speaker 1: that much of the market. I've been in markets thirty

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Speaker 1: or forty years, and markets are made by the marginal buyer.

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Speaker 1: And many of the real estate markets that have seen

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Speaker 1: the most inflation, whether it's Atlanta, Phoenix, a lot of

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Speaker 1: those Southeast markets and Western markets are where private equity

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Speaker 1: is most prevalent. So we're not going to make them divest.

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Speaker 1: We don't want to cause a dramatic price decrease, but

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Speaker 1: we want to make it fair for everyday Americans, and

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Speaker 1: we don't want there to be a tax arbitrage between

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Speaker 1: corporate buyers and homeowners.

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Speaker 5: Missus.

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Speaker 4: By the way, you're correct, Harold Ham was saying, hey,

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Speaker 4: let me in the country and I'll show you. I'll

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Speaker 4: go find you some good cheap old Denezuela. MISSUS Secretary,

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Speaker 4: about this debacle in Minneapolis, I think it spread. It's

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Speaker 4: all over the country, this thing about the fraud, the

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Speaker 4: scams really paying for the left. But you know, these

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Speaker 4: immigrants or migrants, whatever you're gonna call them, shouldn't be

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Speaker 4: on the government doll but they are stealing like crazy,

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Speaker 4: shipping hundreds of millions of dollars out. I know the

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Speaker 4: President you have talked about that a lot. You're kind

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Speaker 4: of the enforcer. Can you give us your overview of

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Speaker 4: what you at Treasury are going to do, Sir.

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Speaker 1: Steve. Treasury's job is to follow the money, and we've

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Speaker 1: done it for centuries and in the twentieth century and

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Speaker 1: coming into the twenty first century, we've taken down the mafia.

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Speaker 1: We are in the process of the dissecting and taking

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Speaker 1: apart the Mexican drug cartels, following their money. And now

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Speaker 1: we are taking a very bright light to these Somali

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Speaker 1: fraudsters and we will follow the money. We will know

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Speaker 1: how this happened, we will know where it went. We

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Speaker 1: will know that if al Shabab was a recipient. And

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Speaker 1: we've taken several measures. One we are putting in a

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Speaker 1: geographic targeting order for the Hennepin and Ramsey Counties Minneapolis,

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Speaker 1: Saint Paul's where these Somalians live. A lot of the

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Speaker 1: money goes out through what are called MSB's money service businesses.

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Speaker 1: They get wire transferred out. So what we've done, we

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Speaker 1: are taking the suspicious activity threshold down from ten thousand

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Speaker 1: to three thousand dollars. And Steve, the important thing now

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Speaker 1: you have to check a box if you are wiring

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Speaker 1: money out of the country on whether you are on

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Speaker 1: public assistance or not. Because if you are wiring money

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Speaker 1: out of the country and you're on public assistance, one

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Speaker 1: of two things must be true. Your benefits are too high,

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Speaker 1: because the generous people of Minnesota are giving you those

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Speaker 1: benefits for you and your family. They are not giving

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Speaker 1: them to your uncle in Mogadishu. So either the benefits

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Speaker 1: are too high or you're part of this the nest

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Speaker 1: of fraud, and neither is a good look. But we

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Speaker 1: are going to trace all of these LLCs and where

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Speaker 1: the money is. Someone put it very very well yesterday

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Speaker 1: said that the care payments have become a big business.

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Speaker 1: It is a cottage industry out here teaching people how

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Speaker 1: to form LLCs. They're skimming money at every point, and

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Speaker 1: make no mistake, the Democratic establishment. Best case they turned

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Speaker 1: to blind eye, the medium case they enable it, and

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Speaker 1: worst case, we are going to find that they are recipients.

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Speaker 1: And Steve, Minnesota is going to be the genesis for

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Speaker 1: the protocols that we use nationwide.

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Speaker 4: Ms A, Secretary, where did they go on social media

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Speaker 4: to keep up with you and your activity?

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Speaker 1: Sir? They can go onto my Treasury X account and

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Speaker 1: at the Secretary US Treasury, and we're going to be

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Speaker 1: posting a lot of our findings on there.

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Speaker 4: Mister Secretary, thank you for kicking off the weekend by

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Speaker 4: Jordan Warre.

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Speaker 5: Appreciate you, sir.

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Speaker 4: Fight on godspeed, good good short breaks war Room.

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Speaker 6: Here's your host, Stephen K.

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Speaker 2: Bah.

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Speaker 4: Okay, we're gonna get to Texas momentarily in Minneapolis. Tihran

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Speaker 4: all of it, but I want to get John Gardner

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Speaker 4: on here. John, it was a and you represent. You've

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Speaker 4: got this organization about small manufacturing. You're talking about a

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Speaker 4: small manufacturing renaissance in this country. You've been part of

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Speaker 4: the Peter Novara, let's say, mindset on bringing manufacturing or

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Speaker 4: rejuvening manufacturing in the United States. It was a year

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Speaker 4: ago tomorrow that you approach it. You had the great

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Speaker 4: idea of the External Revenue Service. Now the President has

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Speaker 4: had that designated. They're working on it over at Treasury,

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Speaker 4: and the President's talking about a trillion dollars coming in

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Speaker 4: on tariff so you think you've had a pretty good

435
00:27:45,520 --> 00:27:46,200
Speaker 4: first year, sir.

436
00:27:47,720 --> 00:27:50,480
Speaker 2: Yeah, I think we've had a great year, especially you know,

437
00:27:50,520 --> 00:27:53,520
Speaker 2: the business media casts a light that, oh rate, we

438
00:27:53,680 --> 00:27:57,520
Speaker 2: have two point two trillion dollars paid an income tax,

439
00:27:57,560 --> 00:28:00,159
Speaker 2: and that's too much to replace. However, the thing that

440
00:28:00,200 --> 00:28:02,840
Speaker 2: stands out to me is at six hundred billion by

441
00:28:02,880 --> 00:28:06,080
Speaker 2: twenty twenty two numbers, is what ninety percent of the

442
00:28:06,160 --> 00:28:11,560
Speaker 2: lower income taxpayers pay in America. Imagine replacing ninety percent

443
00:28:11,920 --> 00:28:15,520
Speaker 2: of the income tax that Americans pay. How much that

444
00:28:15,520 --> 00:28:17,760
Speaker 2: would help the working families in the middle class. And

445
00:28:18,000 --> 00:28:19,880
Speaker 2: I'm with you, Steve, I think you've called for Hey,

446
00:28:19,920 --> 00:28:23,080
Speaker 2: taxes on millionaires are okay, but let's help the working

447
00:28:23,119 --> 00:28:26,080
Speaker 2: class and the people trying. You know, we're an extra

448
00:28:26,200 --> 00:28:28,440
Speaker 2: five hundred bucks a month really gets them a lot farther.

449
00:28:28,480 --> 00:28:31,879
Speaker 2: And we can replace six hundred billion of that easily.

450
00:28:32,440 --> 00:28:34,320
Speaker 2: And you know, I want to remind the president here

451
00:28:34,359 --> 00:28:38,640
Speaker 2: he posted this on Truth last year where he said

452
00:28:38,680 --> 00:28:41,080
Speaker 2: he was creating the External Revenue Service on January twentieth,

453
00:28:41,120 --> 00:28:44,440
Speaker 2: twenty twenty fifth, and that for far too long we

454
00:28:44,520 --> 00:28:47,760
Speaker 2: have taxed our great people using the internal Revenue Service.

455
00:28:48,680 --> 00:28:52,520
Speaker 2: And he's really trying to steer America back to the

456
00:28:52,560 --> 00:28:55,360
Speaker 2: original vision the Founding Fathers had. The Founding Fathers never

457
00:28:55,440 --> 00:28:59,200
Speaker 2: intended for the citizen to be an indentured servant to

458
00:28:59,240 --> 00:29:02,800
Speaker 2: the government, and they prove this income tax was never

459
00:29:02,840 --> 00:29:07,200
Speaker 2: a conversation with the Founding Follows. Ever, the very first

460
00:29:07,400 --> 00:29:10,080
Speaker 2: legislative act they passed was the Teriff Act, and they

461
00:29:10,160 --> 00:29:12,240
Speaker 2: passed on July fourth, which had a lot of meaning

462
00:29:12,280 --> 00:29:14,840
Speaker 2: for the Founding Followers Independence Day. And that first major

463
00:29:14,840 --> 00:29:17,720
Speaker 2: piece of legislation said, whereas it is necessary for the

464
00:29:17,760 --> 00:29:20,320
Speaker 2: support of the government, for the discharge of the debts

465
00:29:20,320 --> 00:29:23,080
Speaker 2: of the United States, and encouragement and protection and manufacturers,

466
00:29:23,240 --> 00:29:26,400
Speaker 2: that duties be laid on goods, wares and merchandise imported.

467
00:29:26,880 --> 00:29:30,520
Speaker 2: So they never had a plan to punish the citizen

468
00:29:31,120 --> 00:29:33,600
Speaker 2: and garnish their wages. And I want to ask the audience,

469
00:29:33,640 --> 00:29:38,840
Speaker 2: who may believe in, you know, be anti tariff, what

470
00:29:39,040 --> 00:29:42,400
Speaker 2: is a truly more limited government, what provides more personal

471
00:29:42,440 --> 00:29:45,320
Speaker 2: liberty to the citizen. It's been pitched to the American

472
00:29:45,360 --> 00:29:47,280
Speaker 2: people that when you go to the store and you

473
00:29:47,360 --> 00:29:50,720
Speaker 2: can choose from Chicon products or products from India and

474
00:29:50,800 --> 00:29:53,760
Speaker 2: you don't pay a tariff, that's more personal liberty and

475
00:29:53,800 --> 00:29:56,600
Speaker 2: you have more freedom of choice. But I say, and

476
00:29:56,760 --> 00:29:59,560
Speaker 2: President Trump is going to say and prove that you

477
00:29:59,640 --> 00:30:02,040
Speaker 2: have more more freedom of choice when you can choose, Hey,

478
00:30:02,080 --> 00:30:04,520
Speaker 2: I'm going to buy a foreign good and I choose

479
00:30:04,560 --> 00:30:06,480
Speaker 2: to be tax or I'm going to buy an American

480
00:30:06,520 --> 00:30:09,080
Speaker 2: made good and choose not to be tax and not

481
00:30:09,160 --> 00:30:12,640
Speaker 2: pay income tax. That is a truly more limited government

482
00:30:12,920 --> 00:30:15,520
Speaker 2: when we remove income tax on a citizen and we

483
00:30:15,600 --> 00:30:20,280
Speaker 2: pay our bills with external revenue. And you know, you

484
00:30:20,280 --> 00:30:24,040
Speaker 2: know what is more freedom of choice buying something and

485
00:30:24,040 --> 00:30:27,120
Speaker 2: saying I choose to be tax or buying an American

486
00:30:27,120 --> 00:30:28,800
Speaker 2: made good and saying I choose not to be tax

487
00:30:28,920 --> 00:30:31,560
Speaker 2: and not have income tax. And so that's why I

488
00:30:31,560 --> 00:30:35,959
Speaker 2: believe external revenue and tariffs actually are more limited government,

489
00:30:35,960 --> 00:30:38,280
Speaker 2: and they actually are more personal liberty for the citizen.

490
00:30:38,320 --> 00:30:40,480
Speaker 2: And on the note of personal liberty, the sixteenth Amendment,

491
00:30:40,560 --> 00:30:45,080
Speaker 2: which created income tax has no boundaries on it. The

492
00:30:45,120 --> 00:30:50,960
Speaker 2: eighteenth Amendment was passed prohibiting alcohol or what and we

493
00:30:51,000 --> 00:30:54,600
Speaker 2: repealed it. And the main reason we repealed the prohibitional

494
00:30:54,640 --> 00:30:57,440
Speaker 2: alcohol was because personal liberty. And I think it's time

495
00:30:57,640 --> 00:30:59,480
Speaker 2: we started to look at putting some parameters on the

496
00:30:59,480 --> 00:31:03,680
Speaker 2: sixteenth mind, and it's intrusion in the citizen's life. And

497
00:31:04,440 --> 00:31:07,880
Speaker 2: I think you know what's fascinates me the most, Steve

498
00:31:08,400 --> 00:31:11,400
Speaker 2: is how did we get you know? Andrew Breitbart said

499
00:31:11,920 --> 00:31:14,760
Speaker 2: politics are downstream of culture, and how did we get

500
00:31:14,760 --> 00:31:16,880
Speaker 2: to the point in America where you know, this is

501
00:31:16,920 --> 00:31:20,880
Speaker 2: a nineteen nineteen ad from a toy maker, and he says,

502
00:31:20,880 --> 00:31:23,280
Speaker 2: for your country's sake, buy American made toys. Be a

503
00:31:23,320 --> 00:31:26,760
Speaker 2: partner of Uncle Sam, of all American industries. See that

504
00:31:26,800 --> 00:31:30,520
Speaker 2: your money is helping American grow. Buying foreign toys. Won't

505
00:31:30,520 --> 00:31:33,240
Speaker 2: do it that way. Your money goes overseas and doesn't

506
00:31:33,240 --> 00:31:36,200
Speaker 2: come back. By insisting on American made toys. Your money

507
00:31:36,240 --> 00:31:39,280
Speaker 2: stays here, every bit of it, to work for your

508
00:31:39,320 --> 00:31:41,920
Speaker 2: own country and for you. But now we're at the

509
00:31:41,960 --> 00:31:43,640
Speaker 2: point in the business culture that we have a toy

510
00:31:43,680 --> 00:31:47,040
Speaker 2: maker suing the President and his administration because of the terroiffs.

511
00:31:47,040 --> 00:31:49,520
Speaker 2: And now it's in front of the Supreme Court. Where

512
00:31:49,600 --> 00:31:53,360
Speaker 2: is the patriotic and moral fiber of the business culture

513
00:31:53,360 --> 00:31:56,160
Speaker 2: in our American I believe it was eroded with this

514
00:31:56,280 --> 00:31:59,280
Speaker 2: embrace of unilateral free trade. Now I believe in free

515
00:31:59,280 --> 00:32:03,320
Speaker 2: trade within the borders of our nation unilateral free trade

516
00:32:03,600 --> 00:32:06,880
Speaker 2: and will it means that no matter what another country

517
00:32:06,920 --> 00:32:08,880
Speaker 2: does to us, no matter how much they tariff us,

518
00:32:09,040 --> 00:32:12,240
Speaker 2: no matter how much they still are intellectual property, we

519
00:32:12,280 --> 00:32:15,600
Speaker 2: do nothing. And this was advocated for. And this is

520
00:32:15,600 --> 00:32:18,280
Speaker 2: where the cultural disconnect and we need the next generation,

521
00:32:18,440 --> 00:32:20,800
Speaker 2: the turning points and the prager use and all the

522
00:32:21,160 --> 00:32:25,640
Speaker 2: next generation to get this cultural shift away from tariffs

523
00:32:25,720 --> 00:32:28,400
Speaker 2: are bad. And there let there be no doubt that

524
00:32:28,480 --> 00:32:31,560
Speaker 2: Milton Freeman when he called for no tariffs, he called

525
00:32:31,760 --> 00:32:35,320
Speaker 2: for no unilateral tariffs. He says, this is capitalism freedom,

526
00:32:35,440 --> 00:32:37,640
Speaker 2: page eighty eight. I believe it would be far better

527
00:32:37,680 --> 00:32:40,840
Speaker 2: for us to move to free trade unilaterally. And he

528
00:32:40,880 --> 00:32:43,480
Speaker 2: went on and on about no matter what another nation does,

529
00:32:43,680 --> 00:32:46,880
Speaker 2: But he didn't calculate what is the true cost of

530
00:32:47,040 --> 00:32:50,360
Speaker 2: unilateral free trade. He didn't calculate the cost of national security,

531
00:32:50,720 --> 00:32:54,040
Speaker 2: the cost of intellectual property, theft with communist China, which

532
00:32:54,080 --> 00:32:56,920
Speaker 2: is the greatest transfer of wealth in the history of civilization,

533
00:32:57,480 --> 00:33:01,680
Speaker 2: the cost of our you know city he's dying, you know,

534
00:33:01,880 --> 00:33:06,000
Speaker 2: the meccas of industry dying, and having the societal cost

535
00:33:06,040 --> 00:33:08,520
Speaker 2: of paying for homeless people and paying for drug red

536
00:33:08,600 --> 00:33:11,360
Speaker 2: have clinics, those were not factored in the cost of

537
00:33:11,400 --> 00:33:14,360
Speaker 2: supply chain issues. And so, you know, I think that

538
00:33:14,400 --> 00:33:17,920
Speaker 2: we need to change our definition of free trade and

539
00:33:18,040 --> 00:33:20,719
Speaker 2: unilateral free trade to America first free trade and America

540
00:33:20,720 --> 00:33:25,960
Speaker 2: first capitalism. In my book, I define America first capitalism

541
00:33:26,400 --> 00:33:30,680
Speaker 2: as a production based economy protected by a wall of terrorists,

542
00:33:30,720 --> 00:33:34,240
Speaker 2: accompanied by free trade only within our borders. And the

543
00:33:34,320 --> 00:33:35,920
Speaker 2: last note, because I don't want to go on too much,

544
00:33:35,960 --> 00:33:38,920
Speaker 2: is you know, free trade really erodes the freedoms that

545
00:33:38,960 --> 00:33:42,680
Speaker 2: capitalism builds. Unilateral free trade does so much so, in fact,

546
00:33:42,680 --> 00:33:46,840
Speaker 2: that Karl Marx encourage free trade. In his eighteen forty

547
00:33:46,880 --> 00:33:49,880
Speaker 2: eight speech on free trade, Karl Marx said, the free

548
00:33:49,920 --> 00:33:53,200
Speaker 2: trade system hastens a social revolution. It is in this

549
00:33:53,280 --> 00:33:55,760
Speaker 2: revolutionary sense alone, gentlemen, that I vote in favor of

550
00:33:55,760 --> 00:33:59,840
Speaker 2: free trade. Free trade breaks up old nationalities and push

551
00:34:00,200 --> 00:34:03,280
Speaker 2: the antagonism of the proletariat and the bourgeois to the extreme.

552
00:34:03,320 --> 00:34:03,560
Speaker 1: Point.

553
00:34:03,720 --> 00:34:05,680
Speaker 2: Is that is that not what's happening in America today?

554
00:34:05,880 --> 00:34:09,359
Speaker 2: And under free trade the whole class of small manufacturers

555
00:34:09,440 --> 00:34:12,040
Speaker 2: is ruined and thrown into the ranks of the working class.

556
00:34:12,600 --> 00:34:15,640
Speaker 2: This is a direct quote from Karl Marx This is

557
00:34:15,640 --> 00:34:18,280
Speaker 2: all happening in America today, and you know it's it's

558
00:34:18,400 --> 00:34:21,000
Speaker 2: no one who cares about America should desire the ruin

559
00:34:21,040 --> 00:34:23,359
Speaker 2: of the whole class of small manufacturers. So people who

560
00:34:23,520 --> 00:34:26,360
Speaker 2: side with unilat of free trade are siding with capital.

561
00:34:26,440 --> 00:34:29,520
Speaker 2: Karl Marx he thought free trade would hasten the fall

562
00:34:29,560 --> 00:34:33,319
Speaker 2: of capitalism. So I'm really excited to see how President

563
00:34:33,320 --> 00:34:36,040
Speaker 2: Trump's steering us more in alignment with the founding Father's

564
00:34:36,160 --> 00:34:41,360
Speaker 2: vision for America and away from the economist dodma that has.

565
00:34:41,400 --> 00:34:47,239
Speaker 4: Really yeah, no, ahead, real quickly, because we've got great

566
00:34:47,480 --> 00:34:50,600
Speaker 4: you know, we got thirty percent export growth, thirty percent

567
00:34:50,719 --> 00:34:54,319
Speaker 4: import drop, the smallest trade deficit we've had. The big

568
00:34:54,360 --> 00:34:56,600
Speaker 4: guys are on board. How are we going to revolutionize

569
00:34:56,600 --> 00:34:59,440
Speaker 4: for the small? What I love about you is your

570
00:34:59,520 --> 00:35:04,680
Speaker 4: rent as ants of American industry in manufacturing through I

571
00:35:04,680 --> 00:35:07,360
Speaker 4: think people that have factories with fifty employees or less

572
00:35:07,440 --> 00:35:10,120
Speaker 4: manufacturers the way the country used to be, and these

573
00:35:10,120 --> 00:35:11,080
Speaker 4: little job shops.

574
00:35:11,320 --> 00:35:13,000
Speaker 5: Do we how do we rejuvenate that?

575
00:35:14,239 --> 00:35:20,680
Speaker 2: Well, the numbers are ninety percent of American manufacturing companies

576
00:35:20,719 --> 00:35:23,799
Speaker 2: are fifty employers or less, seventy five percent or twenty

577
00:35:23,800 --> 00:35:25,960
Speaker 2: employees are less. And this is the one that always

578
00:35:25,960 --> 00:35:29,360
Speaker 2: gets me. Forty eight percent of American manufacturers are five

579
00:35:29,480 --> 00:35:32,440
Speaker 2: employees or less. And that's really you know, President Trump

580
00:35:32,760 --> 00:35:36,439
Speaker 2: just kind of said no dividends and no CEO pay

581
00:35:36,520 --> 00:35:39,920
Speaker 2: for the big primes and because he was wants them

582
00:35:39,920 --> 00:35:43,160
Speaker 2: to speed up their production. And that's great. I agree

583
00:35:43,160 --> 00:35:47,840
Speaker 2: with that. But where their snat, where there the bottleneck

584
00:35:47,920 --> 00:35:50,600
Speaker 2: is in the supply chain is with the small manufacturers

585
00:35:50,920 --> 00:35:53,600
Speaker 2: because they're the tier two, three, and four suppliers that

586
00:35:53,760 --> 00:35:55,640
Speaker 2: the big companies rely on. The big companies, a big

587
00:35:55,640 --> 00:35:57,680
Speaker 2: factory doesn't they don't make everything, they don't make all

588
00:35:57,680 --> 00:36:00,880
Speaker 2: the inputs that go into their stuff. And so you know,

589
00:36:00,960 --> 00:36:03,600
Speaker 2: Secretary Headseteth was just out here touring the big factories

590
00:36:03,640 --> 00:36:06,920
Speaker 2: in El Segundo and around and there doesn't seem to

591
00:36:06,960 --> 00:36:11,400
Speaker 2: be an understanding of what the small manufacturers need and

592
00:36:11,440 --> 00:36:15,720
Speaker 2: that they are the true engine of production in America.

593
00:36:16,200 --> 00:36:19,400
Speaker 2: And you know what we need is access to capital.

594
00:36:19,480 --> 00:36:22,959
Speaker 2: You know, the SBA, I'm sorry to say, I don't

595
00:36:22,960 --> 00:36:25,120
Speaker 2: like to say except things, but they really haven't done

596
00:36:25,160 --> 00:36:27,960
Speaker 2: much for the manufacturers. They increase the line that you

597
00:36:27,960 --> 00:36:29,880
Speaker 2: can get from five million to ten million, which a

598
00:36:29,880 --> 00:36:31,720
Speaker 2: lot of guys that are five and twenty man shops

599
00:36:31,719 --> 00:36:34,719
Speaker 2: don't need They waived fees if you're in a certain

600
00:36:34,800 --> 00:36:37,440
Speaker 2: NACE code for barring big deal. It's ten to twenty

601
00:36:37,480 --> 00:36:39,960
Speaker 2: grand amateurized over twenty five years. And they have this

602
00:36:40,000 --> 00:36:43,759
Speaker 2: new loan, the Mark loan, which basically just has manufacturing

603
00:36:43,840 --> 00:36:46,040
Speaker 2: the title. It's the same as a former cap line loan.

604
00:36:46,239 --> 00:36:49,719
Speaker 2: And here's the biggest thing. It needs lender adoption. That's

605
00:36:49,719 --> 00:36:52,080
Speaker 2: the big thing. SBA can do everything they want, but

606
00:36:52,200 --> 00:36:55,359
Speaker 2: lenders need to adopt the agree to lend it like this.

607
00:36:55,840 --> 00:36:58,160
Speaker 2: And first it needs to pass Congress. So we're looking

608
00:36:58,200 --> 00:37:00,239
Speaker 2: at a year or two out that's going to be

609
00:37:00,400 --> 00:37:02,279
Speaker 2: three quarters of the way through the administration. We need

610
00:37:02,320 --> 00:37:05,560
Speaker 2: to do something now to get capital to the smaller manufacturers,

611
00:37:05,560 --> 00:37:10,279
Speaker 2: and some of the policies have you know, we need

612
00:37:10,320 --> 00:37:13,840
Speaker 2: to build refining capability here in America because material prices

613
00:37:13,880 --> 00:37:16,840
Speaker 2: are going through the roof for the manufacturer. And I

614
00:37:17,160 --> 00:37:18,719
Speaker 2: know for a fact from a lot of my guys there,

615
00:37:18,719 --> 00:37:23,640
Speaker 2: it's limiting hiring with an industry. You know, manufacturing employment's

616
00:37:23,680 --> 00:37:27,440
Speaker 2: going down. Manufacturing industry itself has been in contraction for

617
00:37:27,520 --> 00:37:30,200
Speaker 2: the last ten months. I'm sad to say. I think

618
00:37:30,239 --> 00:37:32,840
Speaker 2: that a lot of I think President listen, President Trump

619
00:37:32,880 --> 00:37:35,800
Speaker 2: is doing his job. He's building, he's getting us cheap energy,

620
00:37:36,000 --> 00:37:39,799
Speaker 2: he's out there getting rarer deals, He's getting the foundational

621
00:37:39,920 --> 00:37:43,000
Speaker 2: building blocks for a manufacturing economy in place. He's only

622
00:37:43,040 --> 00:37:46,000
Speaker 2: one guy. He can only do so much. The rest

623
00:37:46,000 --> 00:37:48,280
Speaker 2: of the administration needs to follow his mandate and really

624
00:37:48,440 --> 00:37:51,399
Speaker 2: understand that if we want to get manufacturing going, it's

625
00:37:51,400 --> 00:37:54,080
Speaker 2: the smaller guys. But you know, President Trump is the

626
00:37:54,120 --> 00:37:56,319
Speaker 2: man who is doing as a person, is doing his job.

627
00:37:56,320 --> 00:37:59,400
Speaker 2: He can't do anymore. But I think there's a I mean,

628
00:37:59,400 --> 00:38:02,400
Speaker 2: how many voice is in the administration are for small manufacturers?

629
00:38:02,600 --> 00:38:04,919
Speaker 2: I mean, you know, how many of them have owned

630
00:38:04,920 --> 00:38:08,320
Speaker 2: manufact small manufacturing companies, not c Sweet John dere guys.

631
00:38:09,040 --> 00:38:12,680
Speaker 2: Then they don't listen. You know, I me and friends

632
00:38:12,920 --> 00:38:16,919
Speaker 2: try to approach the administration, and there's there's one quote.

633
00:38:16,960 --> 00:38:18,680
Speaker 2: I don't want to sell out a friend, but basically

634
00:38:19,120 --> 00:38:22,120
Speaker 2: a friend of mine who has a critical aspect of

635
00:38:22,440 --> 00:38:26,600
Speaker 2: American manufacturing, critical critical, was told, you know, loans from

636
00:38:26,600 --> 00:38:29,640
Speaker 2: the government to his facility were communists. So there again,

637
00:38:29,800 --> 00:38:32,360
Speaker 2: it's the free trade ideal. The government shouldn't pick winners

638
00:38:32,360 --> 00:38:34,359
Speaker 2: and losers when it comes to industry. But it's okay

639
00:38:34,400 --> 00:38:37,040
Speaker 2: to pick winners and losers with farmers. It's okay to

640
00:38:37,080 --> 00:38:39,920
Speaker 2: give Argentina twenty billion dollars. It's okay to you know,

641
00:38:39,960 --> 00:38:43,120
Speaker 2: give other countries foreign aid. But at we gotta be

642
00:38:43,200 --> 00:38:46,879
Speaker 2: careful and when we're helping manufacturers because we don't want

643
00:38:46,880 --> 00:38:49,279
Speaker 2: to want to look like communists, which most of the

644
00:38:49,280 --> 00:38:52,600
Speaker 2: countries subsidize the manufacturing industry. So I don't know if

645
00:38:52,600 --> 00:38:55,279
Speaker 2: that answers your question. See, but you know, we really

646
00:38:55,280 --> 00:38:57,440
Speaker 2: need the administration to start listening to us and some

647
00:38:57,480 --> 00:38:58,400
Speaker 2: of the things.

648
00:38:58,080 --> 00:39:01,399
Speaker 4: That John, John, where can people go and get more

649
00:39:01,400 --> 00:39:04,759
Speaker 4: information on everything you're talking about? People were quite a

650
00:39:05,080 --> 00:39:08,880
Speaker 4: website topic, particularly the rejuvenation of small manufacturing.

651
00:39:08,880 --> 00:39:09,440
Speaker 5: Where they go?

652
00:39:10,600 --> 00:39:14,920
Speaker 2: John Gardner, author dot com and on x getter and Instagram.

653
00:39:15,080 --> 00:39:19,400
Speaker 2: John Gardner voh and my new website's.

654
00:39:19,040 --> 00:39:22,000
Speaker 4: John your brother. Appreciate you, Thank you, Steve, thanks for

655
00:39:22,040 --> 00:39:25,279
Speaker 4: having me on. John Gardner, what hold on? Where's what's

656
00:39:25,360 --> 00:39:26,880
Speaker 4: the new website? I want people to go to it

657
00:39:26,920 --> 00:39:27,520
Speaker 4: and check it out.

658
00:39:28,120 --> 00:39:31,880
Speaker 2: John Gardner, author dot com.

659
00:39:31,920 --> 00:39:34,360
Speaker 5: Thank you, brother, appreciate you. Great work.

660
00:39:35,640 --> 00:39:38,080
Speaker 4: The rejuvenation in the next phase of the rejuvenation of

661
00:39:38,160 --> 00:39:43,720
Speaker 4: small manufacturing. Like John said, what is it ninety percent

662
00:39:44,760 --> 00:39:48,120
Speaker 4: of manufacturers in this country or under fifty employees. Just

663
00:39:48,160 --> 00:39:51,920
Speaker 4: absolutely incredible. Birch Gold a lot of turbulence. Gold near

664
00:39:51,920 --> 00:39:54,560
Speaker 4: an all time high, silver ner all time high. It

665
00:39:54,600 --> 00:39:57,040
Speaker 4: ain't the price, it's the process of how it got there,

666
00:39:57,040 --> 00:39:59,600
Speaker 4: particularly over the last couple of years. You need to

667
00:39:59,680 --> 00:40:04,719
Speaker 4: underst stand the centrality of the dollar as the prime

668
00:40:04,800 --> 00:40:07,800
Speaker 4: reserve currency in your in your life.

669
00:40:08,320 --> 00:40:09,000
Speaker 5: So check it out.

670
00:40:09,000 --> 00:40:11,640
Speaker 4: Birch gold dot com promo code abandoned the end of

671
00:40:11,680 --> 00:40:12,719
Speaker 4: the dollar empire.

672
00:40:13,320 --> 00:40:13,920
Speaker 5: It gives you.

673
00:40:13,920 --> 00:40:17,200
Speaker 4: Direct access to Philip Patrick and the team. Make sure

674
00:40:17,239 --> 00:40:19,400
Speaker 4: you go talk to Philip Patrick the team. They can

675
00:40:19,400 --> 00:40:21,560
Speaker 4: tell you all the different ways you can get into gold,

676
00:40:22,239 --> 00:40:24,680
Speaker 4: physical gold with I don't know, I ra's four to one,

677
00:40:24,719 --> 00:40:27,960
Speaker 4: k's all of it. Most importantly, they will teach you

678
00:40:28,800 --> 00:40:31,600
Speaker 4: why gold has been a hedge against times of financial

679
00:40:31,640 --> 00:40:34,600
Speaker 4: turbulence for thousands of years.

680
00:40:34,719 --> 00:40:39,880
Speaker 5: Why is gold gold? They'll teach you trust the process.

681
00:40:40,440 --> 00:40:42,319
Speaker 5: Short commercial break, We're going to turn in the world.

682
00:40:42,440 --> 00:40:48,400
Speaker 4: Going to Texas next amazing, amazing event yesterday, got a

683
00:40:48,400 --> 00:40:49,960
Speaker 4: bunch of Texans here to talk about it.

684
00:40:50,040 --> 00:40:50,239
Speaker 1: Next.

685
00:40:51,120 --> 00:40:53,600
Speaker 5: God we will buy the lot.

686
00:40:53,680 --> 00:40:55,520
Speaker 1: God, we will. Joe.

687
00:41:00,719 --> 00:41:10,080
Speaker 4: Here's your host, Stephen k Ban, Brian Harrison, Jeorce so Briant.

688
00:41:10,160 --> 00:41:10,759
Speaker 5: We had this event.

689
00:41:10,840 --> 00:41:12,120
Speaker 4: We're gonna play clips at the top of the are

690
00:41:12,120 --> 00:41:14,760
Speaker 4: We want to thank Real America's Voice, Patroon Mobile, everybody

691
00:41:14,760 --> 00:41:18,360
Speaker 4: that put this on from Granston Field to everybody.

692
00:41:18,719 --> 00:41:24,160
Speaker 5: Americans Freedom, American Freedom Alliance. Karen. But you know there's

693
00:41:24,200 --> 00:41:25,440
Speaker 5: a primary on the third.

694
00:41:25,640 --> 00:41:32,080
Speaker 4: There's this proposition on the ballot band sharia law from Texas. However,

695
00:41:32,239 --> 00:41:35,040
Speaker 4: I thought Sharia law was already banned, and I thought

696
00:41:35,080 --> 00:41:38,160
Speaker 4: the Muslim Brotherhood A Care have already been designate as

697
00:41:38,280 --> 00:41:39,480
Speaker 4: terrorist organizations.

698
00:41:40,160 --> 00:41:42,359
Speaker 5: So what's the hubbub bub.

699
00:41:43,920 --> 00:41:45,000
Speaker 3: Well, you got it half right.

700
00:41:45,080 --> 00:41:48,560
Speaker 7: You know, the governor, Governor Abbott very correctly did designate

701
00:41:48,920 --> 00:41:52,000
Speaker 7: care in the Muslim Brotherhood as terror organizations. That's the

702
00:41:52,120 --> 00:41:56,479
Speaker 7: correct thing to do. I'm gratefully did it. Absolutely As

703
00:41:56,600 --> 00:42:00,680
Speaker 7: to the you would be forgiven for thinking that Texas

704
00:42:00,719 --> 00:42:03,280
Speaker 7: has banned Sharia law, because there has been no shortage

705
00:42:03,280 --> 00:42:06,920
Speaker 7: of gas lighting coming out of the awesome Establishment uniparty

706
00:42:06,960 --> 00:42:10,720
Speaker 7: for a long time putting out public proclamations that Texas

707
00:42:10,760 --> 00:42:13,920
Speaker 7: has banned Sharia law. The only problem with this is

708
00:42:13,920 --> 00:42:15,960
Speaker 7: that I'm in the legislature.

709
00:42:16,320 --> 00:42:19,200
Speaker 3: I know the laws we have and that we vote on, and.

710
00:42:19,480 --> 00:42:21,840
Speaker 7: Yeah, there is no such law that has been voted

711
00:42:21,880 --> 00:42:23,239
Speaker 7: on really at all.

712
00:42:23,320 --> 00:42:24,920
Speaker 3: And in fact, it gets worse. You know, people talking

713
00:42:24,920 --> 00:42:26,280
Speaker 3: about this this Sharia.

714
00:42:26,280 --> 00:42:29,279
Speaker 7: Compound down here that's going up this epic city, and

715
00:42:29,320 --> 00:42:32,080
Speaker 7: they bragged that we passed a law to ban epic city.

716
00:42:32,080 --> 00:42:34,440
Speaker 7: You know the problem with that, though, Steve in the

717
00:42:34,520 --> 00:42:38,200
Speaker 7: law to quote ban epic city, there was an exception

718
00:42:38,440 --> 00:42:43,359
Speaker 7: put into the law to exempt epic city. So yeah,

719
00:42:43,360 --> 00:42:45,680
Speaker 7: So the problem is we've got a bunch of performative

720
00:42:45,800 --> 00:42:47,920
Speaker 7: theater going on down here in the run up to

721
00:42:47,960 --> 00:42:48,560
Speaker 7: the primary.

722
00:42:48,600 --> 00:42:51,360
Speaker 3: And Texans don't want rhetoric. They want results.

723
00:42:51,360 --> 00:42:53,520
Speaker 7: So if we're going to designate Care and Muslim Brotherhood

724
00:42:53,520 --> 00:42:57,520
Speaker 7: as terror organizations, which they should be, let's have some investigations.

725
00:42:57,920 --> 00:43:00,279
Speaker 7: Where are the arrests? If we're gonna say that the

726
00:43:00,320 --> 00:43:02,440
Speaker 7: position of the Texas government is that we have banned

727
00:43:02,440 --> 00:43:05,000
Speaker 7: sar real law. The most important thing people might take

728
00:43:05,000 --> 00:43:06,960
Speaker 7: away from this interview is that Texas hasn't banged to

729
00:43:07,040 --> 00:43:10,040
Speaker 7: real law, but we could. And so I actually think

730
00:43:10,040 --> 00:43:13,399
Speaker 7: the Texas legislature because the Texas people demand actions, not

731
00:43:13,480 --> 00:43:14,080
Speaker 7: just rhetoric.

732
00:43:14,600 --> 00:43:17,640
Speaker 3: We should start doing things right now. We should do oversight.

733
00:43:17,640 --> 00:43:21,800
Speaker 7: We should have legislative hearings to help educate the Texans

734
00:43:21,960 --> 00:43:23,959
Speaker 7: who may not understand the truth that we haven't banged

735
00:43:23,960 --> 00:43:26,279
Speaker 7: to real law and the threat from sharia law. So

736
00:43:26,280 --> 00:43:28,279
Speaker 7: we should have legislative hearings, and we should start doing

737
00:43:28,320 --> 00:43:30,040
Speaker 7: it right now. We shouldn't wait a couple of years.

738
00:43:30,080 --> 00:43:31,839
Speaker 7: Texas deserve action, and they deserve it.

739
00:43:32,160 --> 00:43:32,359
Speaker 3: Now.

740
00:43:35,920 --> 00:43:40,520
Speaker 5: Let's go back to this. This speaks to a larger problem.

741
00:43:41,320 --> 00:43:42,800
Speaker 4: And I want to pull the camera back just for

742
00:43:42,800 --> 00:43:45,040
Speaker 4: a second, because it's the same thing the frustration in

743
00:43:45,080 --> 00:43:48,799
Speaker 4: the magabase with Capitol Hill what I call the Duma. Right,

744
00:43:48,840 --> 00:43:52,279
Speaker 4: it's not Congress anymore, it's the Duma. It's politics as

745
00:43:52,320 --> 00:43:55,239
Speaker 4: performance art. Yeah, it's to do this all it's all

746
00:43:55,239 --> 00:43:59,600
Speaker 4: performance art. And then it only doesn't change, it actually

747
00:43:59,680 --> 00:44:02,680
Speaker 4: gets worse because the theater kids have put up the

748
00:44:02,719 --> 00:44:04,920
Speaker 4: performance and people say, hey, that's been taken care of.

749
00:44:04,960 --> 00:44:07,919
Speaker 4: They talked about that, we did that. Let's get onto

750
00:44:07,960 --> 00:44:09,000
Speaker 4: a new problem, sir.

751
00:44:09,800 --> 00:44:10,759
Speaker 3: Now that's exactly right.

752
00:44:10,760 --> 00:44:13,719
Speaker 7: I mean, they do the absolute bare minimum that they

753
00:44:13,800 --> 00:44:15,440
Speaker 7: think they have to do to get away with it

754
00:44:15,480 --> 00:44:18,040
Speaker 7: because the only thing they care about, most elected officials

755
00:44:18,480 --> 00:44:19,760
Speaker 7: is their next re election.

756
00:44:19,880 --> 00:44:21,759
Speaker 3: They don't care about the voters. They forget about the

757
00:44:21,840 --> 00:44:23,160
Speaker 3: voters the second they get elected.

758
00:44:23,200 --> 00:44:26,080
Speaker 7: And the problem both in the US Congress by Lars

759
00:44:26,280 --> 00:44:29,160
Speaker 7: and then the Texas Legislature, which by the way, still

760
00:44:29,239 --> 00:44:33,480
Speaker 7: lets the radical leftist Marxist progressive Democrats completely control the

761
00:44:33,520 --> 00:44:36,880
Speaker 7: Texas House of Representatives. They still elect our speaker, the Democrats.

762
00:44:37,480 --> 00:44:40,279
Speaker 7: What they do is they've turned their backs on the

763
00:44:40,360 --> 00:44:45,160
Speaker 7: people they're supposed to work for, to embrace popularity, complacency,

764
00:44:45,200 --> 00:44:47,600
Speaker 7: and comfort in the swamp. And so they pass, you know,

765
00:44:47,719 --> 00:44:50,719
Speaker 7: a bill that might have a good title or headline,

766
00:44:51,160 --> 00:44:53,919
Speaker 7: but the reality is the substance of the bill either

767
00:44:54,000 --> 00:44:55,920
Speaker 7: doesn't do what it's supposed to do or it actually

768
00:44:56,040 --> 00:45:00,120
Speaker 7: undermines the objective goal here. And the reality is that

769
00:45:00,160 --> 00:45:02,839
Speaker 7: the elected establishment in the Texas government for far too

770
00:45:02,880 --> 00:45:04,879
Speaker 7: long has been telling the voters are going to stand

771
00:45:04,960 --> 00:45:06,720
Speaker 7: up for the radical leftists, but they've.

772
00:45:06,520 --> 00:45:08,640
Speaker 3: Actually been empowering them. And Texans have been.

773
00:45:08,560 --> 00:45:12,040
Speaker 7: Lulled into a sense of complacency by many elected Republicans

774
00:45:12,080 --> 00:45:14,120
Speaker 7: assuring them that the problem is solved and mailers are

775
00:45:14,280 --> 00:45:16,200
Speaker 7: going out all across the state of Texas right now,

776
00:45:16,719 --> 00:45:20,680
Speaker 7: misinforming people saying we have bands to real law and

777
00:45:20,800 --> 00:45:22,839
Speaker 7: the gas lighting has got to usop And the only

778
00:45:22,880 --> 00:45:25,480
Speaker 7: way we've been able to deliver real conservative victories. You

779
00:45:25,560 --> 00:45:27,799
Speaker 7: and the posse know this better than anybody is when

780
00:45:27,840 --> 00:45:30,920
Speaker 7: we hold the establishment's feet to the fire. Congress has

781
00:45:30,920 --> 00:45:34,120
Speaker 7: made itself largely irrelevant, and the Texas Legislature has made

782
00:45:34,120 --> 00:45:37,200
Speaker 7: itself largely irrelevant in the sense that we're not doing

783
00:45:37,280 --> 00:45:40,120
Speaker 7: real oversight. For example, we're still funding the lowest.

784
00:45:39,880 --> 00:45:40,520
Speaker 3: Hanging fruit here.

785
00:45:40,800 --> 00:45:45,360
Speaker 7: We should stop funding radical violentness, longist organizations that have

786
00:45:45,480 --> 00:45:49,600
Speaker 7: ties to tear affiliated organizations that advocate the overthrow of

787
00:45:49,640 --> 00:45:52,280
Speaker 7: the United States. And unfortunately, we have tens of millions

788
00:45:52,320 --> 00:45:56,279
Speaker 7: of dollars at least likely going to these to these organizations,

789
00:45:56,320 --> 00:45:58,719
Speaker 7: and we should stop doing things like that. We need

790
00:45:58,880 --> 00:46:03,200
Speaker 7: less theater, more action, more results, because the stakes couldn't

791
00:46:03,200 --> 00:46:04,680
Speaker 7: be high. The videos you're seeing coming out of what

792
00:46:04,719 --> 00:46:07,760
Speaker 7: happened in London, with the results of unchecked mass migration,

793
00:46:07,880 --> 00:46:11,719
Speaker 7: that can absolutely happen here in Texas and the Austin Swamp.

794
00:46:11,760 --> 00:46:13,680
Speaker 7: They're trying to silence my voice, to trying to take

795
00:46:13,719 --> 00:46:15,839
Speaker 7: me out in seven weeks of trying to take out

796
00:46:15,880 --> 00:46:19,880
Speaker 7: anybody who demands accountability and is able to go directly

797
00:46:19,880 --> 00:46:22,360
Speaker 7: to the American people and the people of Texas like

798
00:46:22,360 --> 00:46:26,680
Speaker 7: the Posse like you do, Steve, and demand results, not

799
00:46:26,719 --> 00:46:28,160
Speaker 7: just rhetoric. And that's why we got to start doing

800
00:46:28,160 --> 00:46:30,080
Speaker 7: more legislative oversight, legislative hearings.

801
00:46:30,160 --> 00:46:31,720
Speaker 3: Let's go, let's have special sessions.

802
00:46:31,719 --> 00:46:33,439
Speaker 7: There's no need to wait till next year to start

803
00:46:33,440 --> 00:46:34,719
Speaker 7: debating something that maybe.

804
00:46:34,520 --> 00:46:35,440
Speaker 3: We'll do in two years.

805
00:46:35,719 --> 00:46:39,080
Speaker 7: Let's get action on sharia law in twenty twenty six.

806
00:46:39,160 --> 00:46:41,200
Speaker 7: Texans do not need to be forced to wait two

807
00:46:41,280 --> 00:46:43,640
Speaker 7: more years. And quite frankly, Texas North America can affir.

808
00:46:45,880 --> 00:46:47,160
Speaker 5: Are you notifying the speaker?

809
00:46:47,200 --> 00:46:47,279
Speaker 1: Right?

810
00:46:47,280 --> 00:46:48,719
Speaker 4: And I mean, how do we get the oversight? The

811
00:46:48,760 --> 00:46:50,480
Speaker 4: special session will come later, but how do you get

812
00:46:50,520 --> 00:46:52,640
Speaker 4: the How do you get the oversight immediately so you

813
00:46:52,640 --> 00:46:54,880
Speaker 4: can have hearings that are public and the folks in

814
00:46:54,920 --> 00:46:58,000
Speaker 4: Texas can see what people actually say when they're there

815
00:46:58,120 --> 00:47:00,000
Speaker 4: in front of you, guys.

816
00:47:00,120 --> 00:47:00,600
Speaker 3: A great question.

817
00:47:00,640 --> 00:47:03,239
Speaker 7: So yes, I will be formally submitting a request to

818
00:47:03,280 --> 00:47:04,960
Speaker 7: the speaker. And most of the time people do this

819
00:47:05,080 --> 00:47:08,200
Speaker 7: very quietly, you under the radar. I don't intend to

820
00:47:08,239 --> 00:47:10,920
Speaker 7: be quiet about this. I intend to be very public

821
00:47:10,960 --> 00:47:13,239
Speaker 7: that both the Texas House where I serve, but also

822
00:47:13,239 --> 00:47:16,400
Speaker 7: the Texas Senate could do this too. The Texas Legislature

823
00:47:17,160 --> 00:47:21,200
Speaker 7: must get its head out of the sand, and right now,

824
00:47:21,320 --> 00:47:23,959
Speaker 7: in the next couple months, we need to start having

825
00:47:24,160 --> 00:47:30,080
Speaker 7: very public, televised public legislative oversight hearings on the threat

826
00:47:30,360 --> 00:47:34,000
Speaker 7: posed from radical jihadis, on the threat from the massive

827
00:47:34,080 --> 00:47:38,799
Speaker 7: expansion of Sharia law and possible Sharia compounds and no

828
00:47:38,960 --> 00:47:41,719
Speaker 7: go zones in the state of Texas.

829
00:47:41,920 --> 00:47:43,960
Speaker 3: So there's no reason that they should not do it.

830
00:47:44,000 --> 00:47:45,120
Speaker 3: And I'll tell you right now.

831
00:47:45,040 --> 00:47:47,040
Speaker 7: Steve, I look forward to talking to you about this

832
00:47:47,080 --> 00:47:48,920
Speaker 7: as we go forward, because the only way that's going

833
00:47:48,960 --> 00:47:50,719
Speaker 7: to happen, and I'm going to be as loud about

834
00:47:50,719 --> 00:47:52,719
Speaker 7: this as I possibly can as an elected member of

835
00:47:52,760 --> 00:47:54,640
Speaker 7: the Texas Legislature. But the only way we're going to

836
00:47:54,680 --> 00:47:56,600
Speaker 7: do this is the same way we knocked off the

837
00:47:56,640 --> 00:47:59,200
Speaker 7: President of Texas a and m into the biggest DEI program,

838
00:47:59,280 --> 00:48:03,480
Speaker 7: stopped illegal registering vehicles. It's if the grassroots, freedom loving

839
00:48:03,520 --> 00:48:06,520
Speaker 7: patriots and the POSSE melt the phone lines of the

840
00:48:06,640 --> 00:48:10,640
Speaker 7: establishment under the corrupt pink Dome in Austin and demand action.

841
00:48:10,840 --> 00:48:11,080
Speaker 1: You know what.

842
00:48:11,160 --> 00:48:12,840
Speaker 7: See, we've had a lot of successes just in the

843
00:48:12,920 --> 00:48:16,080
Speaker 7: last several months, and there's no reason we can't have

844
00:48:16,160 --> 00:48:18,200
Speaker 7: some optimism that we can have some success here. But

845
00:48:18,280 --> 00:48:21,280
Speaker 7: the reality is we have to the future Western civilizations

846
00:48:21,320 --> 00:48:22,759
Speaker 7: on the line. As you say all the time, as

847
00:48:22,840 --> 00:48:25,799
Speaker 7: goes Texas, so goes America. As goes America, so goes

848
00:48:25,840 --> 00:48:28,719
Speaker 7: the world. Texas is on the front line in the

849
00:48:28,760 --> 00:48:30,319
Speaker 7: battle for the future and the next year.

850
00:48:30,480 --> 00:48:35,040
Speaker 4: Three yeah, twenty seconds.

851
00:48:35,360 --> 00:48:36,960
Speaker 5: Your social media feed, where do people go?

852
00:48:37,560 --> 00:48:42,120
Speaker 7: Please go at Brian E. Harrison on x at Brian E. Harrison,

853
00:48:42,160 --> 00:48:43,800
Speaker 7: please like, follow, share at Brian E.

854
00:48:43,920 --> 00:48:44,360
Speaker 3: Harrison.

855
00:48:44,560 --> 00:48:46,160
Speaker 7: And then the swamp is trying to take me out

856
00:48:46,200 --> 00:48:48,160
Speaker 7: in the primary, So go to vote Brian Harrison dot

857
00:48:48,160 --> 00:48:51,200
Speaker 7: com and help out there. Vote Brian Harrison dot com.

858
00:48:51,239 --> 00:48:51,920
Speaker 2: Always great to be.

859
00:48:51,880 --> 00:48:52,200
Speaker 1: With you, Steve.

860
00:48:52,239 --> 00:48:54,040
Speaker 3: Then a great event last night, by the way, great job,

861
00:48:56,000 --> 00:48:56,520
Speaker 3: Thank you sir.

862
00:48:56,920 --> 00:48:57,279
Speaker 2: For sure