Episode Transcript
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Speaker 1 (00:01):
This is the primal scream of a dying regime. Pray
for our enemies because we're going to medieval on these people.
You've not got a free shot. All these networks lying
about the people, the people have had a belly full
of it. I know you don't like hearing that. I
know you tried to do everything in the world to
stop that, but you're not going to stop it. It's
(00:22):
going to happen.
Speaker 2 (00:23):
And where do people like that go to share the
big line? Mega media?
Speaker 3 (00:28):
I wish in my soul, I wish that any of
these people had a conscience.
Speaker 1 (00:33):
Ask yourself, what is my task and what is my purpose?
If that answer is to save my country, this country
will be saved.
Speaker 4 (00:43):
Wor.
Speaker 2 (00:44):
Here's your host, Stephen k ma.
Speaker 1 (00:52):
It's Tuesday, three December, year Everler, twenty twenty four. We're
in the Real America's Voice studios of Palm Beach. I
think at least for the rest of the week. Of course,
when we hear everybody is in town. Raheem's down here reporting.
Jack Bosoka's gonna join me in a moment. I understand
he's got a big announcement a show today. I think
Darren Beati's around is just everybody's around West Palm Beach
(01:13):
and Palm Beach obviously for the transition. So a lot
going on. I actually give a talk later tonight over
at Club forty seven, this amazing club they have down
here in Palm Beach with I guess a lot of
the warm posse. Look forward to seeing you guys tonight
to talk about what's going on. Jim Rickards is with us. Okay,
MSNBC's got this article up, and folks, we're trying to
(01:34):
give you signal and get ahead of this because this
is going to be a big one. They're talking about
the bond market, the capital markets throughout the world are
going to put the controls on Donald Trump, particularly for
things like mass deportations and really taking apart the US government.
(01:55):
Jim Rickards your thoughts about that.
Speaker 5 (01:57):
Sir, Thanks Steve, and I've read thattle. My first reaction
was the left out loud, and my second reaction was,
I guess MSNBC reporters don't have enough to do today.
Speaker 1 (02:06):
But seriously, one of the things about having.
Speaker 5 (02:09):
Been around for a while is I was actually around
when the real bond vigilantes were active in the nineteen eighties,
but Even before that, I started my career of ten
years a city bank as their international council, and I
got kind of one on one tutorials by Walder Risten.
I was one of the up and comers. Ristin is
probably the second greatest bank or the twentieth century, after
a Peerpont Morgan. He explained to me how the Euro
(02:30):
dollar system actually works. So I'll come back to that
in a second. But the first thing is the Federal
reserve is impotent. The Federal reserve is best understood in Jpwell,
it's think one of these Las Vegas magician shows, the
very popular, but don't look too hard to hit the tricks.
Speaker 1 (02:45):
It's all for show.
Speaker 5 (02:46):
It means very little in terms of what we're actually
concerned about, which is the government bond market Number one.
Speaker 1 (02:51):
Number two.
Speaker 5 (02:52):
The Fed controls short term interest rates. When I say
short term, I meet an overnight rate, you know, banks
lending to each other overnight. Okay, they can tweak that.
They don't control the yield majority on ten year treasury note.
They don't control the thirty year bonds. And I the
second stage of my career in another ten years. I was
a counselor and credit officer at one of the primary dealers.
Speaker 1 (03:12):
That primary dealers.
Speaker 5 (03:13):
For those who don't know, they're the dealers who actually
get to deal with the FED. And there aren't many,
they're about twenty of them. They actually get to deal
with the FED. So I dealt with the FED every
day for a long stage of my career and kind
of know how that all works.
Speaker 1 (03:25):
So here's the thing. The story.
Speaker 5 (03:27):
The MSNBC article quotes a couple of stories. One of
them was Bill Clinton's shock at learning that he had
to pay attention to the bond market. That was in
nineteen ninety three. The other one was the original bond
of Vigilantes from the mid nineteen eighties. Okay, true enough,
but one story is thirty years old. One story's forty
years old. That's reaching back pretty far. The situation today
(03:47):
is the finaling. If they are a bond vigilantes, they're
in the People's Bank of China, they're in the European
Central Bank, and it was the central banks and the
sovereign wealth. It's number one, number two. There's a global
dollars shortage. And when you say that to people, they're like,
what are you talking about? The FED print at ten
trillion dollars. How could there be a dollar shortage? When
the FED prints money, they buy bonds from the bank.
(04:08):
The money does come out from the banks. That money
comes out of thin air, but the banks give it
back to the FED in the form of excess reserves,
so that money doesn't go anywhere. You're just inflating the
balance sheet of the FED. Real money, the kind that
drives the economy, the kind that you and I or
anyone else would care about, comes from commercial banks, particularly
Euro dollar banks. They're contracting their balance sheet. There is
(04:28):
a dollar shortage. And when you see China selling treasury notes,
you know the Treasury has these tick with tic reports.
They come out, oh, China is reduced as the holdings
of your treasure securities. They're dumping the dollar. No they're not.
They're desperate for dollars. They're selling treasuries to get dollars
to prop up their own banks. So the truth is
there's a dollar shortage. If we're going to have a
(04:49):
dollar problem in the near future, it's going to be
because the dollar is too strong. You know, we'll leave
that for later. So the bond vigilanti story is nonsense.
Speaker 1 (05:00):
Thank you, sir. I want to you agree with me
that right now the scab that hasn't been picked yet
is in Ukraine. It's the center of everything. Let's play.
We've got to We've got a little cold open. Jack
Besbah's going to join me with Jim Burkers is going
and play it.
Speaker 6 (05:13):
You know, John, Here's what I'm really hoping.
Speaker 3 (05:15):
I'm hoping that Jake Sullivan talked to Michael Wallace, who's
going the incoming National security advisor or President Biden has
talked to President Trump and said here's what I'm going
to do. I'm really hoping that happened because what he
has done, Biden through his action, he's actually given President
Trump more leverage really because now he can pull back,
he can go left, he can go right, he can
do something. I think what he did is he basically said, well,
(05:37):
this is what I want to do. And I'm hoping
it was. There's something to this. I don't know, but
it does give the president President Trump more more ability
to do to pivot it from that.
Speaker 1 (05:46):
Oh that's interesting.
Speaker 7 (05:48):
Just one quick question before we let go with like
five seconds, General, But so you're not buying the White House?
Is the Biden administration's justification that they launched approved these
new long range weapons because of North Koreans on the
ground inside Ukraine.
Speaker 6 (06:02):
It sounds good, but I'm jillian.
Speaker 3 (06:04):
What I'm really hoping is there was another reason to it,
which allows gives leverage to President Trump.
Speaker 6 (06:10):
Maybe that may be a good reason to do it.
Speaker 3 (06:12):
Look, they should have been doing this a year ago,
but they've basically pulled back. You do not fight, let
you don't fight a war, allowing other countries have sanctuaries.
If you get to fight a war, you fight a war.
And we basically pulled back on letting Zelenski fight a
war that he should have been fighting a long time ago.
Speaker 6 (06:28):
I know the casualties were horrific.
Speaker 3 (06:30):
Yeah, of course the advantages that he had this last
summer are not there anymore.
Speaker 1 (06:34):
He meaning, let me have it. Wow, we don't want
to fight a war. I love General kelloggs and teeth.
Kellogg's a good man, former head. I think eighty second
Airborne was in the first term. Mike Flynn's wingman, Jack Vesovic,
you're here. So the report a couple of days ago,
the White House said, hey, Zelensky, you need five hundred
(06:55):
thousy eighteen year olds dropped the thing you need him
up in his combat troops. Reuters today, the Guardians were
poting today. The Times of London's were pointing today that
there looks like a collapse of the Ukrainian front. Two
hundred thousand troops either have not reported or are actually
leaving the front lines. Russia is supposedly massing for a
(07:15):
major offensive before President Trump takes It looks to me
like they're trying to jam up President Trump. But with
to General Kellogg, the launching of the long range missiles,
with our technicians over there, I mean, are you down
with that, sir Well.
Speaker 8 (07:31):
Steve, I think there's a big question here about which
red lines are being crossed. And in the comments about
we don't want to fight a war with our one
hand tied behind our.
Speaker 1 (07:40):
Back, who's the wei?
Speaker 8 (07:41):
I'm trying to figure out who the we is here,
because if we're acknowledging that it is in fact a
proxy war between the United States and Russia, then that's
obviously going to change the Russian strategic calculus within the
Kremlin because guess what they listen to, what Keith Kellogg
and what Mike Waltz and Steve Bann and Jackerson, they
watch everything. They watch everything. We know their apparatus, we
(08:04):
know what their media status is. We get it, they
translate it, they send it all around. So they want
to know what's going on with this new administration. And
the Russians don't necessarily, and for all the talk of
Russia collusion, they don't necessarily just trust the.
Speaker 1 (08:17):
Americans when it comes to anything.
Speaker 8 (08:19):
So they hear, oh, this guy talks a big piece plan,
but then the next one comes in and overturns everything
that guy did. So why should we make a plan
in the first place. So the hardliners are over there saying,
right now, why should we bother with the peace process?
The front line is in collapse. You've got conscripts that
won't even show up. They're trying to drop the age
to eighteen. You've got a couple of these units that
(08:39):
across the line into Kirk. Meanwhile, Russia has already taken
back fifty percent of the territory in Kurk that the
Ukrainians put over, and they're encouraged with they have no
idea what they're going to do with. By the way,
they're holding a couple of settlements that are essentially worthless
to from a strategic perspective, They're not on any strategic
highways or strategic lines, communication supply lines that are being
(09:01):
cut off.
Speaker 1 (09:01):
It's all being done for me.
Speaker 8 (09:02):
Oh, we invaded Kursk, we evaded the motherland, and so
you have the response with the long range missiles. But
here's here's what I want to understand is we can't
be glib about this. And I said this yesterday on
the program. We can't be glib about these types of things.
Are you do you mean to say that Donald Trump
signed off on long range missile strikes into Russia because
(09:23):
it sounds like what you're saying.
Speaker 1 (09:24):
Keep in mind, was that what it was saying, right,
I mean.
Speaker 8 (09:26):
It sounds it sounds like that's what's coming out of there.
And keep in mind, Joe Biden has never come out
publicly and said that. Jake Sullivan won't even come out
and officially say that we get these leaks, right, We
only get these leaks that come out, and this is done.
Why it's done strategically because there are people, even even
Jake Sullivan understands that you don't publicly announce your attacking on.
Speaker 1 (09:47):
Jonathan Carl On Sunday, Jake Sullivan said we're not for
The New York Times reported senior senior officials in the
Biden administration, senior officials in Brussels and in NATO, and
the senior guys in Kiev. I've had meetings talking about
the redeployment of the old nuclear weapons that Ukraine had
back to Ukraine. He denied that. Jim rickards your thoughts
(10:10):
on the center. By the way, this is why Hunter
Biden's got a part, and that goes back to January
of twenty fourteen for the Color Revolution. Your thoughts on Ukraine, sir.
Speaker 5 (10:22):
Path to nuclear annihilation, and that is not an overstatement.
I've studied this since I personally studied since the nineteen sixties,
and the scholarship goes back to the nineteen fifties. Every
expert agrees that nuclear award does not come out of
the blue. It happens to escalation. One side does something provocative,
the other side answers and so forth, and you keep
going up the ladder. Herman Khan called it the ladder.
(10:44):
It had forty four steps. In his version, we keep
climbing up the ladder. What Herr mc kahn said, what
you have to do, Number one, realize you're on the
ladder to nuclear lionation, nuclear annihilation number two, take a
beats stop number three climbed down. That's what Castro. Sorry,
that's what Kennedy and Kushchev did in the nineteen sixties.
There were other cases in the nineteen eighties where that happened.
Speaker 1 (11:05):
So we're on that ladder right now.
Speaker 5 (11:06):
I'm shocked at how little American policy makers understand about Russia.
Used to be real, specially, but it's been lost. They
think of Russia as something in the nineteen nineties, you know,
with Brezhnev and sorry with you know, their leadership and
that kind of loosening up.
Speaker 1 (11:24):
The nineteen nineties were an anomaly. They were.
Speaker 5 (11:26):
It was a four hundred year anomaly. You first will
have to understand the Russian way of war. The Russian
way of war is very slow, very methodical, and deadly.
Speaker 1 (11:34):
They create cauldrons.
Speaker 5 (11:35):
It could take six months to encircle you, and then
they kill everybody in the cauldron unless you're surrendered.
Speaker 1 (11:40):
They're doing that one by one. The front is collapsing.
Speaker 5 (11:43):
The Russians are poisoned for a major advans to the
Niper River, and Putin doesn't have to What's to negotiate.
Speaker 1 (11:49):
There's nothing to negotiate.
Speaker 5 (11:51):
The negotiation would say, okay, you can keep the four
provinces that you've already turned to the Russian Federation, maybe
two more, maybe Asumi and Putin doesn't care what anyone
says on any US network policymakers. The missiles are landing,
the long range missiles are landing in Russia. It doesn't matter,
oh did we leak it, did we say it? Is
it a policy is trump bound by It doesn't matter.
(12:12):
They're landing in Russia. The second thing people don't understand
Putin doesn't bluff. He does not bluff. When he says something,
he means it, and he'll do it. So stop kidding yourself.
Stop saying, oh, well we dial it up, go back down.
We're going to wear out the Russian economy. Russian economy
is not performing in the US economy, by the way,
so there's a very little understanding of the Russian economy
(12:33):
or the Russian way of war. One of the ways
I get into base like this and I just asked
the person, have you been to Russia? They go, oh, no, no,
right about, well, I've been to Russia, been to Moscow,
I have friends there.
Speaker 1 (12:43):
I understand. I've studied the history. I understand how it works.
Speaker 5 (12:45):
Putin doesn't bluff, he's he should make no concessions.
Speaker 1 (12:49):
Why should he? I mean he won people die. This
is a war, Jim. They've lost a million in Ukraine's
real quickly because now you get a bounce. Are we
on a path now? Are we like in the nineteen
thirty Are we on a path to actually a third
World War? When I say that, I mean as shooting war, sir,
I think when we're worth three. I think that's the
best way to describe it. You know, there aren't there
(13:09):
aren't there.
Speaker 5 (13:10):
There's no evidence that they're North Korean troops in curse,
but they are in Siberia. But yeah, Putin is systematically
killing Americans in Ukraine. When I say systematically, they may
be mercenaries, they may not be in uniform, or they
may be they may be civilian contractors, but they're the
Ukrainians can't launch these missiles. The Ukrainians can barely fly
the F sixteens, and they get shot down when they
(13:31):
do because they don't speak English. So Putin is Putin
doesn't need the Roustanic missile.
Speaker 1 (13:37):
He's got it.
Speaker 5 (13:38):
It's basically made tactical nuclear weapons obsolete because that's how
powerful and fast it is. But he's got other he's
got a whole bunch of other the Zirkon and other
hyperstonic missiles. He's targeting the control sites for the missiles
coming into Russia, and he's killing Americans in the process.
Speaker 1 (13:53):
So you've got your World War three right now, Jim.
Where they go to get your newsletters, the books, all
of it. We're proud to have you as a contributor.
We love being in business with you, guys. Where do
people go? Thank you?
Speaker 5 (14:04):
We have a landing page. It's Records Warroom dot com.
Records warroom dot com. You go there, you can sign
up for our flagship newsletter, Strategic Intelligence, and we cover
all these issues we talk about and a lot more.
It's Records Warroom dot Com. We'll drive a lot of
traffic there, Jim Rickards.
Speaker 1 (14:22):
He's saying, we're in the shooting part, early stages of
World War three of all places on the Eurasian land mass. Oh,
my lord, Jim Records, thank you, Brother Jack Pasovia's gonna
stick with us here in the real Americans Voice Studios
in West Palm Beach, Florida. Short commercial break. Make sure
(14:42):
you go check out Birch Gold better than ever. We're
gonna have a shooting war as well. Talk to Philip
Patrick and the team on some financial alternatives. Birch Gold
dot com, slash bandit short break. Poso will join us
after the break.
Speaker 2 (14:56):
Night Mine. Here's your host, Stephen k Maas.
Speaker 1 (15:07):
Okay, folks, of everything that's going on, it's so much.
We're trying to make sure we keep these different verticals
so you know, we can tie it all together. The
one that's getting increasingly dangerous every day is this Third
World War on the Eurasian land mass now up in Syria.
It's the Persians and the Russians. We said for years,
you've got to make sure that the Chinese Communist Party
(15:28):
in Beijing and the and the KGB in Moscow, coupled
with the coupled with the Persians in Tehran cannot merge together.
Jack Besoba gwat me through the war against the Empire.
Speaker 8 (15:42):
Well, particularly now what we're seeing here in Syria. It
can't be delinked from Erdowan and his goal of establishing the.
Speaker 1 (15:53):
Re establisher of the Ottoman Empire. Neo Autumn Caliphate. So
I've said for years he's part of this with Russia
and with in with the Persians.
Speaker 8 (16:01):
Well, there's an interesting there's an interesting wildcard that Erwin's
playing a very dangerous game right now because he has
linked up with Russia in the past. However, on Syria
he is in direct opposition with Russia because Russia backs Asad.
Speaker 1 (16:17):
So what he's doing is pushing down through those northern areas.
Speaker 8 (16:19):
Why because they want a Leppo, they want to establish
the buffer zone there. And then what's what is just
to the east of that, of course is Kurdistan, and
they want all of Kurdistan, by the way, to include
wait for it, the Iraqi side.
Speaker 1 (16:32):
He wants a Raki territory. He wants completely control of
those border crosses.
Speaker 8 (16:36):
This is how Isis was able to come to power
because they controlled the oil lands, they controlled the border crossings,
and then they were the ones selling oil to wait
for it, Erdowan's son. When all of that was going on,
That's how Isis was able to expand so quickly because
they were selling the oil out of Kurdistan.
Speaker 1 (16:51):
They controlled all of it. Manbes we talked about yesterday.
Speaker 8 (16:54):
That's where shiny Kent made the ultimate sacrifice in Joe
Kent's wife who who lost their life there in the
middle of all this, because we had American troops in
the middle of this absolute hornet's nest. But we were
looking at what you're looking at writ large. You put
all of it together. You got Hesbel on the south,
you got Syria, you got the Turks, you got the
(17:15):
Russians of course playing.
Speaker 1 (17:16):
In there as well.
Speaker 8 (17:16):
Wagner is still into an extent, not the way they
were before. The US is still into an extent, not
the way they were before. The Kurds are trying to
fight find anybody who will support them at this point.
You tie all that back. Israel, of course is on
the southern end of Syria. That's what Hesbel as well,
with their fighting Lebanon. That's what gives the Turks a
free reign up there. Tie that back Russia and Ukraine.
So Russia and Ukraine, now.
Speaker 1 (17:38):
Talk to me about that, because there's three interlocking pieces
of this. The pardon for Hunter Biden goes all the
way back to January twenty fourteenth, the begin the Color Revolution.
You have as one of the engine room members are
telling me that the administrative state in the deep state. Really,
the rise of intel becomes their ability to kind of
form the deep state, right is the rise of war,
(18:00):
and in Ukraine is the center of that. And that's
why they defended so much because they understand, we picked
that scam. It kind of all the puss that comes out,
we can actually use that to actually take down the
deep state.
Speaker 2 (18:11):
Look.
Speaker 8 (18:12):
Look, look, the reason the Hunter Biden pardon goes back
ten years is because Joe Biden was never supposed to
be president, because Donald Trump was never supposed to be president.
You've got to go put yourself back into the mindset
of twenty fourteen. Hillary Clinton was supposed to be presidents
and all of this was Barisman, all the rest of it.
Speaker 1 (18:31):
This was the nest egg. This is Joe Biden's nest egg.
This was the payoff to the Biden family.
Speaker 8 (18:35):
Hey appreciate all the buddy buddy work, you know, doing
the co pilot thing, the bromance with Barack Obama.
Speaker 1 (18:41):
Good stuff. You're gonna take this, You're going to move up.
Speaker 8 (18:43):
Why because Barack Obama passed over Joe Biden in twenty
sixteen when he endorsed Hillary Clinton over his own vice president.
Everybody remembers this, and he said, I'm not going to
support you, Joe. Joe took that as a backstab, and
so the the barisma looking the other way on all this.
This was supposed to be the nest egg, a little
(19:04):
bit of you know, maybe they could even call it
hush money to ask to say go away and go
enjoy going quro quote quote Ukrainian quid pro quo if
you will, and keep in mind, keep in mind that president.
You know, fast forward a couple of years, President Trump
gets impeached for asking for asking who Zelenski was on
the other end of the perfect phone call, asking him
(19:26):
about the crimes that Joe Biden just pardoned his own son.
Speaker 1 (19:30):
Repeat that. Nobody in the mainstream media, nobody in the
rights talking about this. This is the key point talk
me about the impeachment had links back to this party.
Is this is this is the Vinmins, this is Eric Charamela.
Speaker 8 (19:41):
By the way, we're going to say this, and this
was the problem with the rats nest of the original
NSC of the first Trump administration, because you had certain
masters came in and Basars came in and was lying
to them about troops were in Syria and saying we
need boots on the ground, need to fight more against
a sad because he wanted to get more Americans involved
in a ground war in Syria.
Speaker 1 (20:01):
That was McMaster.
Speaker 8 (20:02):
Then you have these NSC types who they were told
to be left on and said, don't worry about him,
and he's a career professionals, career professionals, we got to
leave him on. And they were people who were associated
with Trump's original NSC who said that they should stay
and say that they shouldn't be left off, like the Vinmans,
both brothers, by the way, and like Eric Charamela, all
of who leaked the transcript of and by the way,
(20:25):
they edited the transcript when they sent it over they
made the whistleblower report. Remember they never gave you the
actual transcript. The quid pro quo wasn't there. Even Zelensky
at the time came out and said there was no
quid pro quo, felt no pressure, And President Trump had
said that when he met with him at Trump Tower
here a couple of weeks ago. And all of this
was predicated on President Trump reading about Barisma, reading about
(20:49):
the inextricable link of the Biden criminal family enterprise to Ukraine,
realizing that there was something wrong that had gone on there,
and going to Zelensky, who had run at the time
my twenty nineteen. He had just been elected at this point,
and his only election, by the way, and he was
saying that he was running on anti corruption. That's what
(21:10):
Zelenski first ran on. So Trump calls him up and says, hey,
make good on this. What's this whole deal with the
Biden family barisma? And keep in mind that Ukraine and
Rushigate had already been waged quite quite strongly.
Speaker 1 (21:22):
At this point.
Speaker 8 (21:23):
You're in the midst of Moula, You're in the midst
of all these things.
Speaker 1 (21:26):
And it was the Ukrainians. Remember who they used. They
used the lesson they exactly Mataphord Manaphord. They used the
lessons of the Color Revolution. Yes on Trump in his
first term and then to steal the second.
Speaker 6 (21:40):
Left.
Speaker 8 (21:41):
He's calling the play because he sees what's going on.
He says, wait a minute, something went on in Ukraine,
and that's similar to what's going on on me here.
Speaker 1 (21:49):
So if I pull he understands, where does this pull
this card? And this is why cash Bottel is essential,
and this is why they will move out everything to Stopcash.
Speaker 8 (22:00):
Right, But this is why they will say that Cash,
who's got the resume. By the way, He's got the
resume and you can't take it away from him. He's
got awards for terrorists that he was capturing and tracking
down under the Obama DOJ. He was hired by the
Obama DOJ. He's got a resume after being hired by
you guys, your National Security Division. By the way, prosecuted
(22:22):
more cases than wait for it, Kamala Harris. All right,
so more qualified than Kamala Harris when it comes to
actually being a trial lawyer and having the qualifications to
do this. But the issue is that he had also
been a public defender, and by being a public defender,
he understood what it meant for someone to be wrongfully accused.
Speaker 1 (22:41):
By the US government. Steve, you might know something about that.
Speaker 8 (22:44):
And so Cash goes in there with Devin Nunez and
he starts he just starts reading. He just starts reading
the documents and he's one of these guys and he
was saying it earlier.
Speaker 1 (22:52):
And then Paul Ryan he pulls it all up and
makes Nunez recuse himself. Right, the whole thing, the whole
thing is a complete setup. And this is why Cash
knows it real. Cooky, I only got a couple of minutes.
I know you've got to get ready for the show.
Your show's very special to who you're going to have.
Speaker 8 (23:06):
We've got Darren Beatty in studio right here at this desk.
It's dirty laundry Day. It's going to be dirty laundry
day for the regime. We're going to walk through Ukraine.
We're going to walk through Syria. Professor Beatty will be
here in studio. He's driving up. It's dirty laundry Day
and we're so excited to answer. Just as a headline,
you gotta watch Jacket two. We're going to be back
(23:26):
five to some We're actually going to have about the
Supreme Court case tomorrow on transgender ideology. This Tennessee case
is going to be portant. We gonna have a whole
hour in that.
Speaker 1 (23:35):
I'm a host that at six o'clock, Jack Ukraine the
battlefield conditions. Is Ukraine going to collapse?
Speaker 6 (23:42):
So much?
Speaker 1 (23:42):
Is going to put President Trump at a disadvantage try
to cut a peace deal.
Speaker 8 (23:46):
Well, the disadvantage would be from a perspective of how
much of Ukraine. Do they want to remain onto You're
a s well if they go.
Speaker 1 (23:52):
To the Nipper Row, you know their history. I mean,
you're an intelligence officer. They didn't give up a lot
after World War Two with the Russian Texgo that you'll
never say.
Speaker 8 (24:00):
Zelinsky has never said before that he'd be willing to
give up territory, and he said that this week. He
has said that this week, but he wants in exchange
NATO membership. Wasn't that what caused the wars, caused the
war in the first place.
Speaker 1 (24:13):
I don't think that. I don't think that will happen.
The Russians have said no.
Speaker 8 (24:16):
Zelensky has also rejected security assurances in exchange for NATO membership.
So essentially, what Russia is going to then do, and
what the hardliners are calling for, is they are going
to turn Ukraine into a just given the turn trajectory,
they're going to turn Ukraine into a rump state, a
dysfunctional rump state, which has potentially and if they get
(24:38):
everything they want, they don't just want all the way
from the four provinces, the four oblasts that they have already.
They want to go back across the river, and they
want to take Odessa. You take Odessa, you take the
entire coastline, Nikolayev all the rest of it. Cut off
Ukraine from the Black Sea, so you then cut them
off from the ability to export any of that grain
(24:59):
from the Black Member.
Speaker 1 (25:00):
There the Kansas of Europe, right, you raise Europe, and
they're the only place in the bread basket of Europe
that is not controlled by the EU.
Speaker 8 (25:08):
So they don't have the band on the GMOs. This
is why Monsanto, that's why all those at Black Rock,
all the rest of it, that's why all the demons
are there.
Speaker 1 (25:15):
That's why they want to get in.
Speaker 8 (25:17):
So you put that all together and Russia will say, fine,
we're going to take complete control of this, and you
want anything else you can come out of us. And
a state like that is just not going to have
anywhere near the economic prosperity to exist on its own.
That rum state collapses itself.
Speaker 1 (25:32):
Charlie Kirk follows us here at noon, Jack, Bisoba's going
to be a two. We'll be back five to seven.
We get a one hour special tonight's six. You're not
going to want to miss on the transgender ideology at
the Supreme Court, arguing the Supreme Court tomorrow. Where do
people go for your your Twitter feed? Now more than ever,
Jack is real time breaking news in the Third World War.
Speaker 8 (25:51):
Where do folks go? Look, it's it's the Twitter feed.
Of course people can see this. This is the imperial
war that we are in. We're putting it up, by
the way, a new putting the finishing touches. The audiobook
for Bulletproof will be out very soon. Read it myself
this time around, because people said they wanted that. So
we're gonna put a bundle up for Bulletproof end on
Humans for Christmas, and then of course today the Dirty
(26:11):
Laundry Day on Human Events Daily.
Speaker 1 (26:14):
Myself, Professor Beattie.
Speaker 8 (26:15):
We are going to go all around the horn, from
Mackinder to Kennon to Mahon.
Speaker 1 (26:21):
Mackinder little geopolitics today, a little bit Jack Bosoviac Darren
Beady at two o'clock right here in real America's voice. Okay,
make sure, by the way, Cash, you want to know
about the target list? Is that what you call it?
Speaker 6 (26:32):
A hit list?
Speaker 1 (26:33):
No no, no, Steve, no no no no no no. Persons
of interests. Persons of interest go to go to war room,
dot films you've got government gangsters. We took the book
and we made a film with cash. It's must say
came out a couple months ago. I guess it came
out right when I was about to go to federal prison. Sure,
commercial break. Jason Trennert's in the house. Next here at
(26:54):
Real America's Voice, the War Room. On your arm wheels.
Speaker 9 (26:56):
Stand up.
Speaker 10 (27:00):
Trump, who was elected by voters basically begging for relief
from my prices, who openly plans an inflationary trade war
with tariff so insane that even Canada's most famous right
wing politician, Ontario Premier Doug Ford, said they were like
a family member stabbing you in the heart. This week,
Mexico's president sent Trump an open letter blasting the terraff threat,
(27:20):
suggesting the US would face punishing terrofs and retaliation, which
is usually how this goes. And still many Americans seem
to be taking Trump neither seriously nor literally on this
campaign promise. If you're one of them, you might want
to take note of a Trump administration appointment. Today, Trump
announced his choice to be the US Trade representative, lawyer
named Jamison Greer.
Speaker 6 (27:39):
Now.
Speaker 10 (27:39):
Greer previously served as chief of staff Trump's former US
trade representative, Robert Leiitthheiser, he's the architect of that teriff.
The terrorists they did the last time around on three
hundred and seventy billion worth of Chinese imports. Those tariffs,
as we reported on the show, spurred a trade war
nearly broke the backs of American farmers who lost acxious
(28:00):
access to their top Asian market. Just like the Tories
and Trust in London two years ago, Donald Trump has
told us what he plans to do, and just like that,
the critics have said, this looks like it's going to
be devastating if you do it. And now I guess
we just wait right to see if we're about to
enter the finding out phase of the store.
Speaker 4 (28:18):
We were to get in a situation where investors are
smoothed by the bomb market, you could easily see, you know,
pretty good sellof and also you could see that the
steeping would have to happen pretty drastically, and you know,
the market's just not looking at that.
Speaker 1 (28:37):
But duration risk is our rice proper way, and I'll lay.
Speaker 10 (28:41):
If there's a pretty concrete example of this exact same thing.
Speaker 1 (28:44):
Okay, when I got one of the most brain guys
on Wall Street. Okay, here's the thing, and Jason Trent
joins me. We'll find out why Jason's just wanted through
West Palm Beach randomly here in a moment. But you
were a smart scat. Okay, so this. Chris Hayes last
week did a very smart piece for their side talking
about Liz Trust and the fiasco they had a couple
of years ago when they didn't put any numbers and
(29:05):
they try to have a supply side cut without being
able to back it up with a set of math,
and she got crushed by the bond market and trying
to say, oh, f around and find out Trump's trying
to do the same thing. MSNBC Today has another opinion piece,
how the bond vigilantes are going to come and discipline
Trump both on tariffs, on mass deportations, on Elon and
(29:28):
Vivek and russ vote, trying to disaggregate the administrative state
and try to get some spending cuts in here. This
is going to be a revolt. Walk me through because
President Trump, on the other hand, has laid out a
pretty rational plan of what to do here, but it's
being misinterpreted overall. And I want to make sure this
audience is ahead of this, because I can see now
(29:48):
since the resistance is breaking down everywhere as President Trump
gets ready to go to on January twentieth, that they're
going to try to use the global capital market. So
that's what's going to disp Trump.
Speaker 11 (30:00):
Well, listen, I don't think it's going to work because
the US has the world's reserve currency. That's something Liz
Trust didn't have. And I can tell you what's being
talked about in terms of DOGE, in terms of Vivek
and Elon, is unlike anything I've seen in the past
fifty years, so that the whole idea that you were
going to cut government spending is really almost unheard of
(30:23):
in the industrialized world. The night of the election, I
flew to Korea, believe it or not, where they have.
Speaker 1 (30:30):
Marshall Lall No. I just got it in under the wire.
Speaker 11 (30:33):
But by the time I landed on Thursday morning, I
left Tuesday and I landed on Thursday morning. The institutional
investors I talked to in Seoul, Korea, we're talking about
DOGE and almost with an sense of awe and the
idea that an industrial power would actually seek to cut
government spending. I then went on to London and Europe,
(30:55):
the same thing took place. The bottom line is that
since President Trump has been elected, boniarlds have come down.
They haven't gone up. So the stock market's gone up.
Boniolds have come down, and that means they believe in
his business and the and the currency has strengthened. So
to me, there's something that the preserve currency gives us
a lot of flexibility to do things that other countries.
Speaker 1 (31:17):
And he put a shot across about the bricks to say, hey,
you do one hundred percent now there. I still think
their big complaint is the deterioration of the dollar purchasing power,
but his economic plan is going to take care of that.
You're not going to see the deterioration. So on the Biden,
that's the central part.
Speaker 11 (31:31):
Of To me, the most dangerous thing for the dollar
is continuing to run budget deficits that are six to
seven percent of GDP at full employment.
Speaker 1 (31:40):
That's that is very.
Speaker 11 (31:44):
Because we've never run budget deficits of that magnitude two
trillion dollars roughly two trillion dollars a year when the
unemployment rou was ever below seven It's now below four.
So a lot of the this has been a smoke
and mirror's economy for the last couple of.
Speaker 1 (31:59):
Years, spending. But okay, if they can okay. The Wall
Street Journals today puts on its cover above the Fall,
which they're telling you this important story. Lapen. Our friend
from France is bringing down the French government over a
budget because they're spending is random number six. Their deficits
six percent of their GDP. They can't afford a more.
(32:19):
The austerity program puts it on the workers. And she's saying, no,
I want to take it from the globalists. They could
have a new government by this afternoon. This is a
global problem. Correct, We're totally over leveraged and we're about
to And this is what Trump can get you ahead
of is to get you ahead of a global margin
call by putting in rational plan of Hey, we have
to not just take down the deep state in the administration, say,
(32:41):
but we have to at the same time with that
cut this massive spending. Amen. And that's globally.
Speaker 11 (32:46):
And I would say, unfortunately, there's a lot of people
in Washington, a lot of people around the world that
are more interested in being citizens of the world than
citizens of the United States. I know, the international post
war international rules based order was designed to get peace.
The problem is it went too far and you're hurting
American people, but the citizens especially since China joined the WTO.
(33:09):
So you're as over. You're a big fan of Scott
Best and his plan, huge fan.
Speaker 1 (33:13):
Okay, So and you're a fan of his because he's
not just he's a safe pair of hands, right, absolutely,
And you need to say payer percent. You've got to
have these rags, hey cash, but tell haget to going
to these apartments and disaggregate for the treasury. You need
a guy that the capital markets. When he says something,
they believe it. His three three to three program is
three percent economic growth predicated upon doing spending cuts right
(33:38):
in revenue growth that gets us to three percent deficit,
not a six or seven percent. That's right.
Speaker 11 (33:44):
And then and then he wants I think three million
barrels or you know, because.
Speaker 1 (33:48):
Cheap energy is that is the predicate in the industrial
age for a growing economy.
Speaker 11 (33:52):
Am I am I wrong on this. It is an
immediate productivity enhancement. And why on Earth would a country
not take full advantage of its of its own natural
resources Up until nineteen forty five countries would go to
war with one another over natural resources. Here we're ignoring
them and basically enriching countries like China that say that
there are good actors on the environment, which we all
(34:13):
know is joke. So this is something we have to
start focusing on mending fences here at home, on bolstering
the middle class here at home, because it's been too
long and the system that we've created has been enormously
good for rich people, but it's been terrible for the
average person. We have this thing you might know, the
Common Man CPI, which just looks at things that are
(34:33):
its food, energy, shelter utilities, children's clothing, and assurance. What
you found is that during the Trump years, people's standard
of living improved, wages exceeded that measure of inflation, and
the Biden years people have gotten five or six percent poorer.
And that, in my opinion, is exactly why Biden lost.
Speaker 1 (34:53):
And you said this was reflected on the country gave
a verdict on the Biden economy on November fifth, Absolutely,
because you had a referendum based on Biden's economy.
Speaker 11 (35:05):
Absolutely right, and you could see like on the surface,
you say, well, you know, unemployment rates four and stock
prices are high, inflations come down, But why didn't it
translate into more votes. It didn't translate into more votes
because it was enormously good for wealthy people and not
good for the average person, the common man.
Speaker 1 (35:21):
I feel very strong about that.
Speaker 11 (35:22):
I also think the FED is contributed to that in
a very big way through something called quantitative easing and
the size of their balance Talk to us about that. Basically,
what the Fed has done is largely underwritten the amount
of debt. And they're talking about bond market vigilantes. You
might remember James Carvell in nineteen ninety four said I
want to be reincarnated as the bond market because it
scares everyone. One of the things, one of the unfortunate
(35:45):
parts of having QE or having the FED expand its
balanceet for fifteen years is now the bond market doesn't
scare anyone, and Republicans Democrats alike think that it's really
just a free pass to spend money they don't have.
We have to get off of that, because again it's
extremely regressive. It's if you're a rich person with a
private equity portfolio or venture capital, you do great if
(36:07):
you're just a person that has a savings account, you
get close to zero for twelve years.
Speaker 1 (36:12):
It's unfair, exactly unfair. One thing we try to do
here with the audience or working class and middle class
audience is to talk to him about For years, Washington
played like free money because said deficits don't matter and
doesn't impact anybody. Right now, the federal debt on I
think a households one hundred thousand dollars and individuals one
hundred thousand dollars, households like two hundred and twenty five
(36:34):
thousand dollars. The refinancing of the thirty six trillion, the refinancing,
particularly the one third has to be refinanced, and like
Janet Yellen is doing it like we're Argentina or like
old Argentina, right right, That is impacting. That impacts inflation
into the system where it can't come. That's where people
are saying they know something is intuitively wrong. They didn't
(36:55):
go to Harvard Business work that they came pointed out.
But that is the central problem of the system today.
Correct amen.
Speaker 11 (37:00):
The US, unfortunately under Janet Yellen, especially over the last year,
is essentially taken out an adjustable rate mortgage on America's future,
the average person would take that, The average person would
take out a thirty or fixed mortgage at low interest rates.
Janet Yellen took out an arm so fifty five percent.
Speaker 1 (37:18):
Of our our page of more or even worse page
your mortgage with a credit card, right right, precisely right.
Speaker 11 (37:23):
So now every time we have bonds that mature and
we have to issue new bonds, the interest rate is
higher than the old interest rate. So our deficit is
increasing just on interest expense alone. So you get nothing
for that. It's not productive. And this it's you know again,
it was I think it was a very crass political
move on the part of the Treasury Department to try
to help President Biden get re elected. And you know,
(37:46):
I would say the new administration, the Trump administration, is
going to have to work with. This is going to
have to is not being dealt a great hand here.
And that's why the cutting government spending is an integral
part of what's specifically on.
Speaker 1 (37:58):
Be specific, because I've said are as specific as you can.
I know you're in discussions with folks around here. We'll
talk about that in the next segment. When you say,
because I keep saying in the World War three, they're
trying to jam Trump up on the border. They're trying
to jam Trump up and laying more people in before
they leave. Talk to me about how President Trump's got
a he's been dealt a bad hand.
Speaker 11 (38:20):
Well, he's being dealt a bad hand because again, part
of the reason why the economy is growing is because
you're running budget deficits of six to seven percent of GDP.
Speaker 1 (38:28):
So if you're creating government jobs, our government adjacent jobs.
Speaker 11 (38:31):
So that that increases GDP, except in the wrong way.
It's not through the private sector, it's not through productive ways.
It's through spending more money. So if you're going to
try to reel that in, you need something to replace it.
And what I think the President Trump is trying to
do and he's going to do, is going to focus
on productivity in the private sector.
Speaker 1 (38:50):
This is why we have the LA, this is why
Besson keeps saying, this is the last chance for a
supply side, tax cut, deregulation, the administrative state to get
back to the animal spirits of our economy.
Speaker 6 (39:01):
Yeah.
Speaker 11 (39:01):
Absolutely, because that's that's the only way out. Government does
not create anything. Government is basically the government can set
the tone, rule of law, all those things. It's not
completely unnecessary. But in terms of industrial policyment government spending
to spur economic growth, it doesn't work. The private sector
always does it better. And in my opinion, this is
(39:23):
why it's going to be difficult for the new administration
in a way, because they are being dealt overspending and
also a term structure of the data outstanding that is
extremely short. So this is why the cutting government spending
is so important. You can maintain tax rates where they
are if you actually start to cut the administration.
Speaker 1 (39:41):
This is going to be this is going to be
vote at O and B. It's going to be the
appropriations process. It's going to be the team of Vivic
of a VEC and Elon and their other team of
pulling together great people over a dose. Okay, we're taking
a short commercial break. Couple of things. Make sure you
want to see cash but tells the government gangsters in
film version reduced by yours truly. Make sure you go
(40:02):
to warm dot film and go there right now, download it,
talk to your friends about it. You got the the
entire He walks through the whole deep state, the disaggregation
of it actually talks about those people that drove it.
So it's it's an adaptation of his very powerful bestselling book,
Government Gangsters. Birch Gold dot com, Birch goold dot com
slash warrem the end of the Dollar Empire. Remember Rachel
(40:23):
Maddow and your team, we're not trying to destroy the dollar.
We're actually talking about the elites in our country because
the spending have tried to destroy it and what has
to happen to get it back. But Birch Gold dot com,
you get to talk to Philip Patrick and the team
or use your phone. Bannon nine eight nine eight nine eight. Okay,
got a lot going on. Jason Trente has joined us
(40:44):
here in West Palm Beach. You're going to take a
short commercial break when we be back in the warm
in just a moment for the world. On the Walt
Com we will pay till the lot God.
Speaker 2 (40:54):
We will joice with. Let us take down. Let's use
your host, Stephen Kback.
Speaker 1 (41:06):
Jason Trenter. Are we going to get a lot more
of this you're seeing France? The government's probably going to
fall today on exactly I think they're trying to take
the deficit from six to three percent of GDP. Lapena
is saying, you're not going to do in the back
of workers, You're going to do in the back of
globalists because she knows that we have to do it.
Is that going to happen throughout the world. I think so.
Speaker 11 (41:23):
I think with President Trump in office, I think that's
going to happen. I was after Korea, I went to Europe,
talked to institutional investors there. They're actually quite excited about
the idea that DOGE will force the hand of European
governments to actually live within their means and actually start
making smart choices that were to prioritize the spending they have.
(41:44):
I believe France's government spending is percentage of GDP is
close to sixty percent.
Speaker 1 (41:49):
I well, we'll check that. The deficit I think they
said six six times.
Speaker 11 (41:53):
But their government is their economy is almost completely driven
by government spending, and that's why there's you know, there
is no MAX seven in Europe, right there is no
MAX seven anyplace else.
Speaker 1 (42:04):
It's all happening here.
Speaker 11 (42:06):
And so I believe very strongly that if politicians have
to be forced unfortunately to do the right thing, brisidond
Trump is going to force other countries.
Speaker 1 (42:16):
And that's the lie about the bond vigilantes that was
to control Clinton these other people. President Trump's actually driving
the narrative that the bond market respond to now the
same We don't need you know, I could do master partitions,
all kind of noise, but right now the bond mark
is saying, we like the cut of this guy's jib,
We like the cut of Elon's jib of avek russ vote.
We like the team seeing because they're serious.
Speaker 11 (42:37):
I can tell you, Steve, in my career, some of
the most dangerous words to say is the market is wrong,
and markets don't always get it right. But generally speaking,
you've had a lot of time to digest this and
everything's gone the right way. Currency is strengthened, bond yields
are down, and stock prices are up. That's telling you that,
I mean, the devil will be in the details and
(42:57):
the execution, but it's telling you that the direction the
Trump administrator new Trump administration is.
Speaker 1 (43:02):
Going in is a very positive one. Real quickly, you're
down here obviously talking to people helping out where you can.
What do you think about the team he's putting together. Well, listen,
I think it's it's tremendous. I'm trying to help out
any way I can, but it's listen to transition team.
I think it looks like a well oiled machine.
Speaker 11 (43:17):
They're getting great people that want to help.
Speaker 1 (43:19):
And about the nominal reasons on Capitol Hill, your sources
are telling me about Scott Besson's confirmation set, that's a layup.
Speaker 11 (43:27):
It's a lay up because also Scott's and markets guy,
which my opinion, given all the things we said, it's
important to have someone that has that kind of experience.
Speaker 1 (43:34):
This is why he was perfect cancing to this because
all the other people you have, they're going to go off.
The administrator say that deep say everything you need to
do the mass deportations. You need a steady eddy that
the market, the global capital markets no understand and trust.
Speaker 11 (43:47):
Right and right now we have an academic in there,
a nice person, but you know, I think we need
somebody that's kind of from planet Earth, you know that,
not from a faculty lounge, that that knows how Mark's.
Speaker 1 (44:00):
Work, the common man, CPI, all the other stuff. Newsletter.
If they're saying you've got this fund out there that
trades and the stuff, where do people go yeah, so
strategas ETFs dot Com and the and the fund is
strateigous macro Thematic Opportunities fund S a m T is
the symbol and the fund itself. The concept of it
is what is.
Speaker 11 (44:18):
We focus on big themes and we rotate in and
out of themes when we think things. Themes are changing.
But right now it's artificial intelligence. It's industrial power, which
you think is going to be enormous to fund artificial
intelligence power and into power to fund it.
Speaker 1 (44:36):
We've got green deal. Deal is not going to do that.
Speaker 11 (44:38):
De globals, it's it's nuclear, it's it's all the above,
but it's it's not the growth and the big muscles
and deglobalization is another theme we have in there.
Speaker 1 (44:47):
I tell you what, I would hope the Transition spends
a lot of time with you, sir. You could be
the team that President Trump is fielding on economics and
capital markets is the best I've ever seen, and I
think Jason trying to be a great addition that team.
Thank you so much, pleasure impression doing down I knew
you weren't down here working on that handicap. You're you're
what a twelve fourteen fourteen okay. President TRUMPO asked that
(45:09):
make sure you're not sandbagging. Make sure you're not gonna
You're not gonna sand bagging. Jason Trenter, thank you so much.
Home title lock dot com. Make sure you go to
home title lock. Who has talked about right now with
the debt, I think it's every person. It's one hundred
thousand dollars every family. I think is two twenty five.
That's the rough number. Like you got a second mortgage.
(45:29):
Your home's your castle. Make sure nobody can get into
your title and monetize it with a hard money lender
because they don't hear your tail. Low tale of woe.
Go to home title lock dot com, slash Bennon talk
to Natalie Domingus and all the team over there. Also
warpath dot Coffee. How do we get jacked up here
early in the morning in the warroom. Warpath dot Coffee
(45:51):
five thousand and five star reviews for Tage Gill and
the team of Navy seals over there put that coffee together.
It's just unbelievab. My favorite, particularly the Dark Roast. The
front Rows worked on that for years. Michael Lindale joins us, Mike,
what he got for us. I need to talk talk deals. Brother.
People heard enough talk about the economy. They want to
talk about their personal economy. What he got for us.
Speaker 9 (46:12):
We got some personal stuff going on here, real good.
The warm Room supported us and we're and we're giving
back this. We're giving back. We're running the Cyber Monday
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We're keeping it going. And all the ones you guys
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Speaker 6 (47:09):
That but they're going to love them.
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We have over I think it's over three hundred products
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Speaker 1 (48:05):
This is giving back to you guys.
Speaker 6 (48:07):
You want to say thank you, thank you, thank you, Steve.
Speaker 1 (48:10):
Thank thank you, brother, appreciate you. See in the Afternoon
Show Mike Lindell, Thanks, keep it right here on Real
America's Voice, Charlie Kirk. Two hours of populist nationalism served up,
hot and urgent Jack Pasobics. After that, he's got Darren Beatty.
It's what dirty laundry day, taking out the laundry day today. Okay,
we're back at five at six o'clock. In the six
(48:31):
o'clock hour, we're actually going to do dedicate the whole
hour massive case in front of the Supreme Court tomorrow
on transgender ideology coming out of the great State of Tennessee.
We've got a team of experts. We're going to go
through all of it. You can actually argue that this
is one of the key elements of the great victory
of November fifth. Everybody, go to warroom dot com right now.
(48:53):
Check it out. See you back here at five, Charlie
Kirk next,