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April 9, 2025 48 mins

THE WAR ROOM WITH STEPHEN K. BANNON, APRIL 9TH, 2025

GUESTS: 

SPENCER MORRISON

MATT BOYLE 

JACK POSOBIEC

TODD BENSMAN

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Episode Transcript

Available transcripts are automatically generated. Complete accuracy is not guaranteed.
Speaker 1 (00:00):
They take product, technology, they steal it, they manufacture it
and sell it back.

Speaker 2 (00:05):
Here never has an administrator and four territory.

Speaker 1 (00:10):
I want Chi on an airplane to Washington to level
the playing field. It says, not about tariffs anymore. Nobody
has taken on China yet, not the Europeans, no administration
for decades. As someone who actually does business there, I've
had enough. I speak for millions of Americans who have
ip that have been stolen by the Chinese. I have

(00:33):
nothing against the Chinese people. They brought great literacy, art,
and tech to the world. The government cheats and steals.
And finally an administration. You may not like Trump, you
may not like his style or his rhetoric. Finally an
administration that puts up and says enough four hundred percent tariffs.

Speaker 2 (00:57):
Tomorrow morning, he'll tell you why.

Speaker 1 (01:00):
She can only stay the Supreme leader if people are employed,
if we wipe out any business there, Because we are
still thirty nine percent of all consumables on Earth and
twenty five percent of the world's GDP, America is the
number one economy on Earth. With all the cards. We
will not have that forever. It's time to squeeze Chinese

(01:20):
heads into the wall.

Speaker 2 (01:22):
Now, well, hold on with.

Speaker 3 (01:23):
Terriff, I hear you, But hold on if we're talking
about people, the average consumer, not necessarily the head honchos
of businesses all across the globe. Can they withstand the
pressure of that sort of tax on.

Speaker 2 (01:37):
The goods or lived? There will be But.

Speaker 3 (01:40):
Yeah, but what's your timeline, comparent, You don't know the
average Americans timeline what they can actually survive.

Speaker 2 (01:45):
There's people right now who can serve one hundred percent.

Speaker 1 (01:48):
Tomorrow morning, cheese on an airplane to Washington to cut
of deals.

Speaker 4 (01:51):
And we've got some news just in from our friends
at CNBC in response to what we've been talking about.
China has just slapped retaliatory tariffs of eighty four four
percent on US goods in response to President Trump has
done eighty four percent.

Speaker 5 (02:06):
I mean, okay, here we go, loan trade war. Yeah,
prices are going to surge, so.

Speaker 6 (02:13):
Much going on, the market's moving around on US. Wall
Street set to open in the red this morning, as
President Trump's reciprocal tariffs against dozands of countries taking effect
officially now, including one hundred four percent against China. Beijing
responding this morning imposing eighty four percent tariffs on US goods.

(02:33):
That's up from thirty four percent that was previously announced.
That'll begin tomorrow. You can take a look, by the way,
the Dow off eight hundred points, nasdak off two hundred
and seventy points, S and P five hundred looking to
open down about ninety two points. Take a look also, though,
at treasuries, because that market has people on edge. We're
now at the looking at the ten year note at

(02:53):
four point four six to six, and lots of questions
about who's going to be buying treasuries, may be selling them,
including where China stands on.

Speaker 2 (03:03):
All of that.

Speaker 7 (03:04):
Well, Ry I think it's unfortunate that the Chinese actually
don't want to come and negotiate because they are the
worst defenders in the international trading system. They have the
most imbalanced economy in the history of the modern world.
And I can tell you that this escalation is a
loser for them. That they have some very smart the economists,

(03:28):
the academicians, technocrats within their bureaucracy, and they would be
telling the leadership that we do not have the edge here.
They are the surplus country that they're exports to the
US are five times our exports to China so they
can raise their terrorists.

Speaker 5 (03:49):
But so what now what I don't hear them talking about.
I don't have the president either talking about the working
American right now? Who is to bear the brunt of
all of this? These guys are gonna.

Speaker 2 (04:03):
Be fine, all of them.

Speaker 5 (04:06):
It's incredible and yet to me, there is one option here,
and that's for Republicans and Democrats to get together and
do something. Why wouldn't they do something today?

Speaker 4 (04:20):
We heard for the President yesterday and those I talked
to around him, he is holding fast. There is We've
seen some slight riffs open up with any administration within
the Republican Party. We know Treasure Secretary Bestent urging more negotiations.
Some of those taking will be taking place in the
days ahead. Others like Peter Navarro, some extended Trump World,

(04:40):
those listening to the Steve Bannon podcast are saying, no
dig in, This is indeed our moment to bring back
these manufacturing jobs the United States, even though economists after
economists after econmomists says that's just not realistic or the
very least, it will be extraordinarily lengthy process. It will
take years and a lot of economic pain will be
endured between now and then.

Speaker 8 (05:02):
Do you see any anti Americans.

Speaker 9 (05:04):
We've lost a couple bond deals already because they're not me.
They simply say that, you know, look, we'd rather just
do this with a local bank than with the US bank.

Speaker 10 (05:12):
Look, we could overcome that.

Speaker 2 (05:14):
You know.

Speaker 9 (05:14):
That's why pardon me, thinks that don't let this go
on too long, because it's causing cumult of damage, including
huge anger with the United States. Like I said, if
my goal would be keep the allies together, get them together,
keep work on that, you know, and you fix the
trade where it's unfair trade, fix it doesn't matter an ally,
and notwage to be fixed. And I think there are
legitimate complaints about military spending. You know that they need

(05:35):
to spend more in the military. So I hope, I
hope what you saw like for Europe as a wake
up call fix their economy. You know, they have huge bureaucracy,
you know red tape, which I now call blue tape.
And you know, if they fix that, it would be
good for them, and then you know, pull them closer
and keep the Western world together. A huge complex geopolitical situation,
huge and fiscal deficits not just here but around the world,

(05:57):
sticky inflation, which I personally will not go away so quick.
And then you have, you know, what's gonna happen to tarists,
what's going to happen to trade, what's going to happen.
So you know, terriffts and trade as just part of
that mix. They don't completely stand alone.

Speaker 2 (06:10):
So what do you think about the tariff plan?

Speaker 9 (06:13):
I think it is perfectly reasonable for someone to say
that trade was unfair. There were unfair trade things, and
remember it's.

Speaker 2 (06:20):
Not just terriffs, it's tariffs.

Speaker 9 (06:22):
I think they have that wrong how they understand it,
and I think they should really get a better understanding
to make it easy to negotiate. But there are all
these non tariff barriers around food and energy and then subsidies,
which you know China's fame is for. So it's totally
reasonable to say we want to make trade better. But
I also want to point out to the Americans we
have the best of cime in the world. Our GDP
person is eighty five thousand dollars. China's is fifteen thousand dollars,

(06:45):
So you've got to put a little bit into context.
But you know, and then of course when they put
the tariffs and those weighed me on what people expected.
That will cause a little inflation, slow down growth. But
I hope what they really do is let Scott Bessen
who I think it's a professional negotiating. I know, Japan,
see I gather, Korea of Vietnam have called, and then
adventually Europe get those things don quickly.

Speaker 8 (07:08):
This is the primal scream of a dying regime.

Speaker 2 (07:14):
Enemy because we're going to medieval on these people. Here's
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.

Speaker 10 (07:27):
World to stop that, but you're not going to stop it.

Speaker 2 (07:28):
It's going to happen.

Speaker 11 (07:30):
And where do people like that go to share the
big line?

Speaker 2 (07:33):
Mega media?

Speaker 12 (07:34):
I wish in my soul, I wish that any kind
of conscience.

Speaker 8 (07:40):
Ask yourself, what is my task and what is my purpose?

Speaker 13 (07:44):
If that answer is to save my country, this country.

Speaker 2 (07:48):
Will be saved.

Speaker 10 (07:50):
War Room.

Speaker 2 (07:51):
Here's your host, Stephen Kvan.

Speaker 13 (07:57):
There are decades in which nothing happens. There are weeks
in which decades happened. Welcome to that week. One of
those weeks, and there's been many with President Trump, a
full blown it's gone beyond tariffs, is going beyond trade.

Speaker 2 (08:10):
It's a full, full on you can't call it anything.

Speaker 13 (08:13):
Else but an economic war between the Chinese Commists Party
in the United States. Chinese Commists Party ratchet up retaliatory
measures last night, tariffs and others, and they've got a
full toolbox. The Wall Street Journal has a really smart
article up about how they've been prepping for this war

(08:33):
economic war. They've already been engaged in economic war with
as unconventional warfare, unrestricted warfare. But they've been planning on
this for many, many years, and now we're fully on it.
Even as we were going through the cold open, the
European Union has announced for retaliatory measures against the United States.
The stock market was kind of calm futures overnight, then

(08:57):
drop precipitate with the President Trump's dug in, and then
right now is up about one. I think that's because
Scott Bessen, the Secretary Treasury, has been out there and
yes there is a Remember it's not really a negotiation
because what they're putting out is non negotiable, but they're

(09:17):
open to having meetings in which they can potentially workout deals.
We know that Japan, Korea, and Vietnam, and I think
East Asia is very important this morning. Caroline Wrens actually
happens to be in Malaysia at the Assion meeting. We're
going to get a report from her from kualal Onmpur
later in the show about the pressure of the Chinese

(09:38):
Communist Party is putting on Southeast Asia and East Asia
to basically cowtow to them and abandon the United States.
Up to the fact of the word there is that
they're telling the delegation in Vietnam to leave Washington, d C.

Speaker 2 (09:53):
And come back. So this is full on as we
told you.

Speaker 13 (09:56):
Remember our saying here also is that the bond markets
turfed out more governments than Howaritzer's. A little while ago,
the bond market kind of froze up and ten year
treasury ten year treasury popped to four point five percent.
Remember the other day we were on the show, it
was down. I think it hit three point nine three
point ninety five. That was kind of irregular. I'm not

(10:20):
saying liquidity, but irregular pursuries back down and I believe
that is twofold number one, not just the tariff situation,
but now this outright throw down between the Chinese counties
part of the United States. But in addition, I think
it's just starting to think through the Senate bill, of
which is being pushed by the President, and I can

(10:42):
tell you there's some spending there. People don't understand the
scratching their hits, including Sir Jamie Dimond. There a one
tree in dollar defense bill, and I don't know how
that's aligned with hemispheric defense.

Speaker 2 (10:52):
We're gonna work all through all that this morning.

Speaker 13 (10:54):
A huge debate last night, we'll get the clips of
that last night between the libertarian on Zero Hedge, Peter
Schiff of course, Spencer Morrison. Spencer, give me your assessment,
not just of that. We'll play clips last night. It
was an incredible debate through hundreds of thousands of viewers.
We really want to thank zero Heads for putting on.

(11:16):
Give us your assessment on what's happened overnight, because now
this is as I've said for the last couple of days,
and that's why I keep.

Speaker 2 (11:22):
My weekend FT.

Speaker 13 (11:25):
Trump defines Beijing's fight backs deepened turmoil. This was China yes,
I had other aspects too, and you have it, get
it sorted, and you got to get you got to
get our other quote unquote allies from ripping us off.
And you have to understand how you get American cars
into Japan. And you have to deal with the EU,
who you know, who wants us to defend us, who

(11:47):
wants us to keep the carry battle groups in the
Red Sea, which, by the way, since the EU retaliated,
I would pull both carry battle groups out and say, guys, hope,
hope that Suez Canal thing works out for you. Spencer
your your thoughts overnight, because now it's pretty open. It's
economic war between the Chinese Communist Party in the United
States of America, sir.

Speaker 14 (12:09):
And like you said, Steve, this is just the latest
salvo in an economic war that's been raging for at
least twenty years. We have to remember that since China
joined the World Trade Organization, they haven't played by any
of the international rules. They've instituted, you know, legal barriers
to entry to the Chinese market. They've given Chinese exporters
massive subsidies and below market rate loans so that they

(12:31):
can invest in the capital that they need to feed
the US market. And here's another thing that a lot
of people don't know that when a US company wants
to invest in China and build and build a factory,
they have to partner with a Chinese company and they
have to you know, the management, they have to export
the technology, and they have to train up the Chinese

(12:53):
people to do the jobs right. So this is an
atvenue they have.

Speaker 2 (12:57):
They have this.

Speaker 13 (13:00):
This is what Kevin O'Leary was saying last night. You
have to form a joint venture. In that joint venture,
you have to put all your intellectual property, all your processes,
all your patents. They get full access. Spencer Hango for
one second, We're on fire this morning, or go to Greece.
The Great Matt Boyles just interviewed the Prime Minister. He's
got a lot to say about this trade war and

(13:20):
the Chinese Commist Party. The Great Jack Posobak's going to
join as Todd Benzman as the US military talks about
going kinetic via drones. On cartels, We've got doctor Bradley
Thayer about the Chinese Companist Party in the economic war. Also,
Caroline ren Is from Kuala Lumpur. Later in the show,
Tarbet ossion in the folks in Southeast Asia that want

(13:43):
to be trading partners to the United States, and guess what,
they want to give up their unfair trade practices and
be a party in the United States of America. Okay,
I think today's aid Dave Golds over three thousand. Again.
I said it's going to be turbulent, and watch the
bond market. The bomb market could take one of two things.

(14:03):
I think they could take a trade war, or they
could take this massive Senate bill. The Senate bill has
to be delineated. We can't be like Liz Trust. We
can't just be throwing things out there. And the Senate
bill says, oh, four billion dollars are cuts. The gimmicks
are not gonna work. You have to explain to people,
particularly the bond market. You have to explain to the
bond market. Bond market is more important than the equity market.

(14:26):
So don't get all you know, don't wet yourself about
the Dow Jones Industrial average, and forget about the bond market.

Speaker 2 (14:31):
Bond market is very important.

Speaker 13 (14:32):
Had a little hiccup to swine, A little freeze early
in the morning, short commercial break back in the warm
in just a moment America.

Speaker 4 (14:46):
Jay and those I talked to around him, he is
holding fast. There is We've seen some slight rifts open
up with any administration. Within the Republican Party. We know
treasure sectary best in urging more negotiations. Some of those
taking will be taking place in the days ahead. Others
like Peter Navarro so extended Trump World, those listening to
the Steve Bannon podcast are saying, no, we dig in.

(15:09):
This is indeed our moment to bring back these manufacturing
jobs the United States, even though economists after economists after
economist says that's just not realistic or the very least,
it will be extraordinarily lengthy process. It will take years
and a lot of economic pain will be endured between
now and.

Speaker 2 (15:29):
Okay, we're going to go around the world today.

Speaker 13 (15:31):
Let's go to Greece and our own Met Boyle, the
national political editor of Breitburt News. Met, why, why are
you in Greece free Why is say Florida boy in
Greece freezing? What are you doing over there? And I
hear you got breaking news, sir, Yeah.

Speaker 8 (15:45):
So I'm in our COVID Greece right now.

Speaker 12 (15:48):
We're up in the mountains in just a short way
away from here, the Delphi Economic Forum is about to begin.
The the Delphi Economic Forum is at the center of
the world, the ancient world. In Delphi, the Greeks would
come from all over the country, from all the different
city states like Athens, to go to the see the
Oracle of Delphi to try to get advice.

Speaker 8 (16:10):
Right, So the Athenians, the ancient Athenians, came to.

Speaker 12 (16:13):
Delphi to seek advice on how to stop the invasion
of the Persian king Circes.

Speaker 2 (16:20):
Right.

Speaker 12 (16:21):
So they've been holding an annual economic forum for the
last decade, and there are a ton of world leaders
and thought leaders, et cetera that are coming here.

Speaker 8 (16:32):
It couldn't be.

Speaker 12 (16:33):
A better time to hold this because this is the
day the terrorists kicked in in the United States, the
President's action, so everybody's looking to the United States to
try to figure out what's going to happen. I got
to Greece a little over forty eight hours ago. In
that timeframe, I've interviewed the Prime Minister, one of Greece's

(16:54):
two vice presidents, as well as the Archbishop of the
Orthodox Church in Greece, UH and the tons of different
news The big thing I would say, though, is the
big takeaway from all of these conversations. The Europeans, at
least the Greeks, are ready to join with President Trump
against China, right like, they want to make a deal.

Speaker 8 (17:16):
They want to figure out how do they how do
they get there.

Speaker 12 (17:19):
The Prime Minister of Greece Mitsaitakis told me that he
is ready. He believes europe is ready to make a
deal that he called win win and a usually beneficial
deal with President Trump, and that they understand that the
big picture here is about stopping the Chinese Communist Party.

(17:40):
So that trade war that we're talking about here, that
economic warfare with China, that's what this is, this picture
is about.

Speaker 8 (17:47):
And I think that President Trump has.

Speaker 12 (17:48):
A unique opportunity right now around the world with what
you see with a number of these countries, whether it
be the Europeans who are sometimes being dragged kicking and
screaming along to the to the point of working with
the Americans to stand up the China, but they may
get dragged there. But along with that, the Japanese, the
South Koreans, Indians, and so many more, President Trump can

(18:12):
unite the world and create a global coalition to defeat
the Chinese Communist Party, and there's a pathway to do
so already in existence. President Trump signed earlier this year.
And this is the big picture. And I asked the
President about this when I was in the winehouse with him.

Speaker 8 (18:27):
Just a few weeks ago.

Speaker 12 (18:29):
He signed a deal with Narendra Modi, the Prime Minister
of India when he came to the United States, called
the Imech Corridor. And the Imech Corridor is the first
Western led trade corridor to counter the Belton.

Speaker 8 (18:45):
Roade initiative from China.

Speaker 12 (18:47):
That it starts in India, it goes through the Middle East,
and this is why expanding the Abraham Accords and getting
the Saudis on board is so important. It goes through
UAE in Saudi Arabia, and then it goes through Israel
and then it goes from there through Cyprus into Greece
into Western Europe. So the way to look at this is,

(19:07):
and this is what the Prime Minister told me, is
that you have on one side the world's biggest democracy
in India, on the other side, the world's most powerful
democracy in the United States, in the birthplace of democracy
right here in Greece in the center that holds the
whole thing together, and this is the Western world's answer

(19:27):
to the communist led trade routes through the Balton Road initiative.

Speaker 13 (19:34):
Is there an understanding of not just the Greeks, but
the other Europeans are there that we have to come
to some sort of there's got to be worked out.
You know, we put forward this the rest of the
issue of reciprocity, which both tariffs and non tariff barriers,
particularly in countries like Germany, et cetera. Is there an
understanding at this conference that these are reasonable requests and

(19:55):
somehow we got to figure this out.

Speaker 12 (19:58):
I've only talked to Greeks so far, so I haven't
talked to some of the folks from the other places yet.
So I don't I don't want to give you misinformation,
but I do think that what you're seeing from the
European leaders, and you heard this from the European Union
President Ursula of vonder Land the other day, they're willing
to work with the United States.

Speaker 8 (20:17):
Their effort that their measures that they.

Speaker 12 (20:20):
Approved just moments ago the European Union are frankly, you know,
they're they're kind of muted, right, like these were things
they were planning anyway in response to the tar the
aluminum and skilled tariffs. They dropped the bourbon tariff that
they were going to do after President Trump's threat of
two hundred percent tariffs in response on any European alcohol

(20:43):
imports to the United States. So I think the Europeans,
based off my conversations again pretty heavily with the Greeks,
and I'll see if I meet some folks from from
some other nations, is that President Trump can rally Europe
to his side in the in the broader economic war.

Speaker 8 (20:59):
We're China.

Speaker 13 (21:02):
You've been following President Trump as close as anybody for
the last ten years. It should be no surprise that
this throwdown with China came and China's punching back with
all their might. And actually the Wall Street journals reporting
how they've been preparing their toolbox with a lot of
different including as I've been warning on this show, maybe
even cutting off medicines and active pharmaceutical ingredients. I mean,

(21:23):
they've got a whole escalatory ladder. You're knowing President Trump.
Is anything that President Trump's done in the last forty
eight hours of vis a vis the Chinese Communist Party
and China as a trading partner.

Speaker 12 (21:33):
Surprise you No, this is and everybody keeps asking, you know,
is Trump got a back down because of the Wall
Street trade, you know, the markets or the media pressure.

Speaker 15 (21:44):
Now.

Speaker 12 (21:44):
President Trump has been gearing up for this moment his
entire life, right, Like, go back and watch the interviews
he did decades before he was president. I've talked to
him about this dating back to you know, two years
before or three years before he ran the first time,
and during his presidency, both presidencies and in the intermediary

(22:06):
time between. President Trump has been you know, gunning for
this fight forever. And the reason why is because the
United States needs it. It's like a nuclear bomb went off,
Steve in America's heartland, right like after the Cold War?
Right the America after World War Two was a manufacturing powerhouse.
This is what I keep telling all the Greek leaders
that I've been meeting with, because I've met with several

(22:28):
business leaders, politicians, et cetera. They have my schedule very
packed while I'm here, right because I'm only here for
a few days.

Speaker 8 (22:35):
But I keep telling everybody.

Speaker 12 (22:38):
After we were manufacturing powerhouse coming out of World War two,
and then after the Cold War, we you know, the
entire foreign policy establishment acted like history was over.

Speaker 8 (22:49):
That was the phrase you would hear.

Speaker 12 (22:50):
It was the end of history, right like that, there
was no challenge anymore. And then that allowed the Chinese
Communist Party, and frankly, the politicians in both parties in America,
both Republicans and Democrats, from both Bushes, the Clinton's, the
Obamas and Biden allowed China to hollow out our middle class.
It's like in all the factories, so many of the

(23:13):
factories are shut down. The ones that are still operating
that used to employ say thirty twenty thousand people maybe
employ one thousand now. Right, So it's as if a
nuclear bomb went off in Ohio. And President Trump deeply
understands this. And then, oh, by the way, China, just
for good measure, just keeps pumping fen and O back
into the to replace the jobs. Right like, so they

(23:35):
steal our factories and our innovation in our manufacturing, and
then they pump drugs in to poison our people afterwards.
So when I say it's like a nuclear bomb went off,
it's not just the hit of losing the job and
losing the factory. Then they're addicting all of our people
to deadly chemical drugs and it's having lasting, lingering effects.

(23:57):
So President Trump is exactly right about that. And I
think that he's not backing down. There's no reason why
he would back down. There's nothing that the establishment can
do to stop him. And I think that, look, this
is a big swing. He's taking a huge swing here
as president. It's maybe bigger than many of us would

(24:18):
have thought he would have taken, right because you know,
sometimes you know, once they get there, they get into
the office, you know, all these people get around them
and they try to work them from different sides. I'm
impressed with President Trump, and I think that the more
he holds the line and buckles down here, if he
succeeds on this, and I think he will, he will
go down as one of the greatest presidents in our country.

(24:40):
They'll have to carve out an extra spot for him
on Mount Rushmore if he wins on this fight, right
like I mean, And they'll probably be on you know,
on money at some point, right like I mean. He's
going to be remembered as an incredible president if he
pulls off this huge swing that he's taken.

Speaker 13 (24:57):
Matt Boy, where do people get your reporting at Breitbart
and see the interury you're going to put up with
the Greek prime minister where they go.

Speaker 8 (25:04):
Yeah, we just published it.

Speaker 12 (25:06):
It's at Breitbart dot com and on my ex handle
at mboil one. I'll have all sorts of different things.
And we've got tons more stories coming from here. So
exciting stuff from here. So Steve, thanks for having me.
Exciting stuff, an amazing, amazing background here in our kova.
So I had to do the hit outside.

Speaker 2 (25:26):
No amazing, amazing.

Speaker 13 (25:27):
Let you get inside the Florida boy, get inside of
that freeze. Okay, amazing, see a great report. Jack Pisoviak
is going to join us in a moment. We're going
to go to commercial break. We got Spencer Morrison. Spencer
had the big debate last night on zero Hedge run.
Thank the team over at zero head for making that possible.
With Peter Schiff, I mean we're prejudiced. We think Spencer

(25:50):
did amazing. I think the audience into Jack pisovic is
one of the top experts in the country as a
naval intelligence officer, speaks perfect Mandarin, reads Chinese, knows from
an intelligence point of view, and also President Trump and
the White House in the Maga movement. He's gonna be
with his next short commercial break. Make sure you go

(26:13):
to Bursch Gold. Take your phone out. Text Now, more
than ever, I told you gonna be turbulent. Ben and
B A N N O N at eight, The Ultimate
guide to investing in gold and precious metals in the
era of Trump.

Speaker 2 (26:28):
Told you it was gonna be turbulent.

Speaker 13 (26:30):
Gold's aheage in a store of value now more than ever.

Speaker 2 (26:35):
Short break post.

Speaker 16 (26:36):
So on the other side, use your host, Stephen k Man.

Speaker 2 (26:53):
Okay, welcome back.

Speaker 13 (26:55):
We're gonna go around the world this morning. Because this
is a world event. We want to worroom audience to
watch that. I am watching the bond market. As I
remember I've said, and Jack you know this, that there
are more governments turfed out more The bond market's taken
out more governments than Howard surgs. You got to watch
that bond market. The ten year treasury drives your life.

(27:17):
It's been a little, uh, it's been. It's jerked around
here the last couple of days. Froze up a tad
this morning. I happen to think that's dumping the Senate
bill on top of it, but particularly with not it's
ill formed. You have to be very you have to
have a lot of specificity on these things. Right now
people are paying attention, but so big your thoughts on
a boil. By the way, incredible interview with Matt Bole

(27:40):
and Greece. Want to thank Matt for go outside and
freezing to do that. Thoughts on his from Greece also yours.
They got Taiwan this morning, China. You know this area, you.

Speaker 2 (27:51):
Know the neighborhood, been in anybody, What do you think? Yeah,
Boyle is I guess he's a month.

Speaker 15 (27:56):
Early for the East met It'll probably warm up a
little bit come May. But you have to have that
Delphi forum a little bit later up there on Mount Olympus.
I guess get us some of those thunderbolts for him.
But look, when it comes down to it, when it
comes down to with President Steve, go back to the
very first days of war room pandemic. Go back to

(28:16):
the very first days of all the things that we've
talked about. From that day until now, everything that we've
discussed has been building to this moment. Everything that MAGA
has been fighting for, everything that these people have been
fighting for, were almost at the ten year mark of
President Trump coming down that escalator, coming down, the golden escalator.

(28:38):
It'll be just in a couple of months. Here is
ten years to say the American people have being ripped off.
And what have we said? We said that it was
in a merger, an elite merger, not captured, but an
elite merger. Natalie Winters has all the reports, National Polls
has all the reports. A merger of the elites of
the United States and the elites of China. And through

(29:00):
that corrupt elite merger, they built the seeds of globalism,
sown by the way on the bloodied streets of Tieneman Square.
We talked about this for years, books about it, et cetera,
et cetera. And now President Trump is finally going to
do something to fight back. I'm not just talking about
the IP stealing and the military secrets and all the

(29:23):
stuff that's going up in Clinton selling them to satellite
technology and all the rest. No, no, no, no, We're talking
about the hollowing out of the middle class. We're talking
about the hollowing out of the working class. Particularly. Go
look at the Why is the Roust Belt like the
rust belt, Why is Pennsylvania Michigan, Ohio, Wisconsin, look the
way that it does. And Shanghai and shen Jen, look
the way they do. That's where your money went. That's

(29:45):
where all these people. Oh, China is more technologically advanced
than us. And China's leaps and bounds. Guess what that's
built off of Western capital. That's built off of the
backs of the American people being turned into a zombie
like consumer slave class where you have two options, right,
go buy the new iPhone or go take the latest
fentanyl and as you go, slowly spin down into a

(30:07):
downward spiral of depression and the deaths of despair throughout
the America's economic heartland. That's why the MAGA movement exists.
That's why President Trump is where he is. That is
what the American people voted for him to do, not
the elites, the working class people of this country. When
I saw President Trump' speech last night at the NRCC,
I said, that is full throated, raw economic nationalism. And

(30:31):
I had tears in my eyes watching that speech because finally, finally,
someone is actually doing something about the Chinese Communist Party
that has been robbing us blind for thirty years. And look,
I've talked about this for so long. I spent two
years over there, about two thousand and six to two
thousand and eight, off and on, going back and forth Shanghai, Shanghai,
American Chamber of Commerce, going working for a US firm,

(30:53):
trying to bring US business over it.

Speaker 2 (30:54):
They we can't bring US businesses over there. There's all
sorts of trade barriers.

Speaker 15 (30:58):
And all of a sudden, some party members got this problem,
and you got that problem, and oh, this can't come
over because you know, you've got agriculture, you've got medcaw disease,
and you've got bird flu.

Speaker 2 (31:06):
So we got to block this and block that.

Speaker 15 (31:08):
They won't call it a tariff, but they'll call it
something else because they know exactly what they're doing. And
then you have American business owners and American politicians going
over there saying, oh.

Speaker 2 (31:18):
So you're a model.

Speaker 15 (31:20):
You don't have to worry about pollution controls or human
rights or civil rights or any of these things.

Speaker 10 (31:24):
You get to pay.

Speaker 15 (31:25):
People nothing, and you have all these workers and they'll
do they'll do the work much much cheaper than all
those those union workers, manufacturing workers and blue collar workers
in the United States. This is great. We love this system.
And then we're going to come back and import it
to the United States. So the big lie of all
of this has been, rather than China becoming more open
and democratic if we put them into the World Trade

(31:47):
Organization or give them the PNTR, the Permanent Normal Trade
Relations no, and Most Favored Nation status. By the way, No,
we've become more Chinese. We've become more like them. We've
become more autocratic, we've become more socialist, we've become more
more like Shijin Ping's technocracy.

Speaker 2 (32:05):
And it's done.

Speaker 15 (32:06):
And by the way, Steve, what happened the very last
time that China had their backs up against the wall,
right up against the wall, like Kevin O'Leary said, what
happened COVID. That's when COVID nineteen was released, at the
height of the Hong Kong protests, at the height of
Trump's tariffs. The first time COVID comes out, COVID nineteen,
they lied about it. They hit and by the way,

(32:27):
the Free Beacon as the story yesterday, they hit our
soldiers at the Wuhan World Military Games in October twenty nineteen.
They lied about this. They knew it was coming to
the United States. So don't sit there and tell me
the oh, the journal all they got it. They declared,
you know, a whole of war. No, it was warfare.
It was warfare, and it's time to fight back. Yeah,
they declared. They declared a people's warners. In May of

(32:50):
twenty nineteen, when they.

Speaker 13 (32:51):
Rejected the lightheiser of the Navarro deal that President Trump
had worked on for two years, they declared they had
one belt, one road, the top of their game. They
were crushing Hong Kong. They rolled right into the game
to release COVID to stop Trump. You said on the
very first show, Folks, particularly newer audience members with our
original posse, would remember the very first show. Jackosovik was

(33:14):
on there and I asked you the question the very
first pandemic. After we shifted over from impeachment in late
January of twenty twenty, I asked you point blank, I said,
does he still have the mandate from heaven?

Speaker 2 (33:28):
And you said it's questionable.

Speaker 13 (33:29):
What about today is that she trying to convince the
Chinese people he still retains the mandate from heaven.

Speaker 15 (33:36):
Well, that's exactly what Kevin O'Leary was discussing when he
said she cannot remain supreme leader if he loses the
mandate of Heaven, if he loses face in front of
the Chinese people, So the mandate of Heaven goes into
this idea, this theory of Chinese history, of the cyclical
nature of Chinese dynasties.

Speaker 2 (33:52):
And if you look at the.

Speaker 15 (33:53):
CCP as a modern dynasty of China, the same way
Chang dynasty, Ming Dynasty, Song Dynasty, Chin Dynas State, et cetera,
all the way back to Emperor Chin chi Huang and
the Yellow Ember, the Golden Emperor, all the rest that
a dynasty falls, when a dynasty becomes corrupt, when a
dynasty loses so invasion, pestilence, economic downturn, disease, famine, these

(34:16):
are all reasons for a dynasty to have lost face
or in the Chinese context, lost the mandate of Heaven.
And so the Chinese people believe he has lost this,
then potentially that would be something that would actually sap
the economic strength or the political strength of his position
within China. Now, I don't think that he is in
a position to lose power in China right now. That's

(34:38):
not what I'm saying, but what I am talking about
is this is the nature of how China works.

Speaker 2 (34:44):
This is the nature of how things have always been.

Speaker 15 (34:46):
So he's going to fight as hard as possible to
maintain the Chinese Communist Party's grip on control within China
the same way he did back all the way back then.

Speaker 13 (34:58):
The mark is basically flat right now, so people are
waiting for the next blow to fall.

Speaker 2 (35:03):
This is after the European Union.

Speaker 13 (35:05):
Jack Han one a second, I want to bring in
Benzman on the fentanyl situation, and Jack gets your intel observation.

Speaker 2 (35:12):
Todd Bensman joins us.

Speaker 13 (35:13):
Todd reports out that the US military or CIA are
looking at doing actual kinetic drone strikes to stop the
fentanyl traffic. A Treasury today put out a report Best
was up and said the fentanyl things getting worse right now.
The Chinese Communist Party they had a biological war with

(35:35):
the pandemic. This is chemical warfare against the American people.
They're not dialing it back. It may be a little
stop coming through Mexico because of the terroriffts, but they're
not dialing it back. Talk to me about this report
and your assessment.

Speaker 11 (35:49):
Yeah, NBC is out with a pretty scoopy report talking
about how the White House and Trump are interested in
UNI lateral drone strikes against the cartels in Mexico. This
is causing quite a kerfluffle, of course, in the bilateral

(36:10):
relationship between Mexico and the United States.

Speaker 10 (36:14):
But I've been telling you.

Speaker 11 (36:15):
Here for you know, a couple of months now that
they seem to be the United States seems to be
moving in a direction toward this since the very beginning,
you know, putting a bunch of spy flights up and
naval vessels off both coasts, and Tenth Mountain Division on

(36:35):
our side, and striker Brigades CIA.

Speaker 10 (36:41):
So I mean, I wouldn't.

Speaker 11 (36:43):
Be surprised if Trump decided at some point to start
striking in Mexico, which would be just absolutely unprecedented. Claudia
Shinbaum is out over the last ten hours or so
complaining about this.

Speaker 10 (36:59):
Saying, you know where we're you know, we're opposed to this.

Speaker 11 (37:03):
It's it's something we won't accept, et cetera. But you know,
Donald Trump is not a conventional president at all, as
we all know, and so you know, anything's possible.

Speaker 10 (37:16):
It's the Madman theory in action.

Speaker 2 (37:19):
Here.

Speaker 13 (37:21):
Hang on one second, I just want to understand this
is all part of a piece. The Chinese Comptiest Party
with the fentanyl was their chemical weapon. That was their
kind of second opium war. What the British did to them,
they're doing now to us. President Trump has said it
got to stop the games.

Speaker 2 (37:37):
Now.

Speaker 13 (37:37):
We know from reports in the New York Times Todd
that the that the fentanyl, the tariffs have cut the
fentanyl by fifty percent. But the report besting that people
are talking about is that the Chinese Commties Party are
still in back of this and trying.

Speaker 2 (37:50):
To push hard.

Speaker 13 (37:52):
I guess the blockbuster and the story is not so
much the drone strikes, but it's unilateral. In other words,
he ain't down in the Mexicans. I think the feeling
is probably they don't want this to leak because the
Mexican even the Mexican Marines are rife with informants for
the cartels. The cartels owned the federal llies, they owned
the politicians. You keep talking about going after the company.

(38:14):
Is this why President Trump's thinking now of unilateral military
action against the at least these labs, these concentration of
labs in these mountain towns.

Speaker 2 (38:25):
Sir, Yeah, look, Mexico is acting.

Speaker 11 (38:29):
They are moving on fentanyl labs in places like Kouliacan,
where Ben Berkwam and Oscar have been visiting.

Speaker 10 (38:38):
Recently.

Speaker 11 (38:40):
New York Times has been down there. They are moving,
they are doing some things. The seizures are way down
on our side of the border. It does seem like
there's been action, but not enough. Apparently Donald Trump doesn't
think that there's been enough action. And I'm guessing that
they probably discern that the Mexican's heart is not really

(39:03):
in that fight. They're all taking their cut, in my opinion,
and I think that's an informed opinion. For many, many years,
there have been no raids whatsoever, no move on Koulia
Khan labs for years and years, ten years. All of
a sudden, now they're doing a few things, but evidently
it's not enough.

Speaker 10 (39:25):
So you know, we'll see.

Speaker 11 (39:26):
And I think the numbers for finanyl smuggling events are
going to be down again in March. That'll be three
consecutive months of declines in finanyl seizures on our side,
which is a good indicator. And Derek Maltz, the head
of DEA, told me last week that he thinks that

(39:50):
they've got intel that the cartels are making a decision
to start moving fentanyl into European markets instead of our
markets to get the heat off of them. Maybe that
is emboldening Trump. Maybe they want to keep that fire
under the under the pan, so to speak.

Speaker 7 (40:11):
On that.

Speaker 11 (40:11):
Who knows what's going on there, but it's definitely caught
everybody's attention that NBC reports.

Speaker 13 (40:19):
President, Yeah, that was a that was a controlled leak.
They had pretty good sourcing on that. Short commercial break,
make sure you go to jasmedical dot com today and
find out how you can avoid getting wrapped up in
the strategic initiative of the Chinese Comedies Party to shut
down our generic drugs.

Speaker 2 (40:40):
Do it today, short break, use your host Stephen came back.

Speaker 13 (40:50):
Okay today, many things you should check out. Number one,
Like I said, go to Jason Medical. I've been telling
you for a long time that this day was coming, right,
We're now. This is a throwdown, And I agree with Boyle,
I agree with Posso, I agree with that Bensman. President
Trump's not backing off this, and that means the Chinese

(41:10):
commras far has got a big toolbox. Part of the
toolbox the Wall Street Journal's talking about is guess what
active pharmaceutical ingredients. Of course, everything rare ear is everything
that they've controlled, and we've let them take the supply chains.

Speaker 2 (41:23):
But one of them is generic medicines.

Speaker 13 (41:25):
Go to jasmedical dot com today promo code bandon today.

Speaker 2 (41:30):
Just check it out. Just get on the site and
see about it.

Speaker 13 (41:33):
Also, Bursch Gold, we told you turbulence was coming, and
it's not going to get any less turbulent. This is
a world that is a changing, right, as Boyle said
and Posso said, they've been an unrestricted war for US
over a decade, right, But people's were outright since May
of twenty nineteen, viciously visually first of the pandemic from

(41:53):
the Wuhan lab, which we called them the very first
day of war and pandemic, and we're proven right over time.
En smeared and remember in deplatform by everybody because of that,
and also for stand up for President Trump and in
his victory in twenty twenty, which we're very proud of
even today because he did win.

Speaker 2 (42:12):
At twenty twenty. Birch Gold dot com ended the dollar Empire.

Speaker 13 (42:16):
Whether in the Wall Street Journal article, what they talk
about is the Chinese Commanist Party making all efforts right
now on a de dollarization move globally because they're getting
crushed in their capital market. So de dollarization. I remember,
that's what we talk about in the end of the
dollar Empire. Go to Birch, goold dot com, slash Spana.

Speaker 2 (42:35):
Just check it all out. Poso. You heard Benzman.

Speaker 13 (42:39):
He makes the case that President Trump and the team
are thinking about this. The people should understand the NBC
report was quite well sourced from you know, the Pentagon,
the Intelligence Services, and the White House.

Speaker 2 (42:53):
Your thoughts are look, Steve.

Speaker 15 (42:56):
When it comes down though, we know that the border
situation has gotten complete the out of control. These people,
not only these and I shouldn't say people, these scum,
these absolute animals that are operating on both sides of
the border. That's what's clear about this is that these
rat lines that they've had over up and into parts
of the southern United States have been going on for
a decade plus.

Speaker 2 (43:15):
The situation is completely unstable.

Speaker 15 (43:18):
Why are we so worried about the borders of countries
that are thousands and thousands of miles away, and when again,
we're not protecting our own economic heartland. You know, I'm
a mckinderte when it comes to the American heartland. You know,
I know so much about the world island, but when
it comes to the American heartline, Yeah, then I'd become
a mckinderite. And so this idea is we need to

(43:41):
fight the If you look at it as a whole
of government, whole of society approach towards the CCP, well,
guess what the CCP.

Speaker 2 (43:50):
Where are they? They're at the Panama Canal. They're at
the border.

Speaker 15 (43:53):
When it comes to the fentanyl through the backfilling of
these of these cartels, they're coming across the Arctic there
in a Taiwan with the first island chain there. So
when you look at all of these things, rit larns
and then of course they're all backfilling with Wall Street
and the Ivy leagues and taking all of our professors
of the Thousand Talents program.

Speaker 2 (44:12):
I got it. Okay.

Speaker 15 (44:14):
The answer is what's behind every door? It always ends
up being China. So they're fighting a people's war against
us on every single front. And finally, finally there is
an administration that says rather than tapping into that, that's
saying I'm gonna I'm gonna be on the crack myself. No,
we're gonna get America off the crack. We're gonna get

(44:36):
America back to a holistic, healthy heartland economically, spiritually, and physically.
And yes, that means taking out the running dogs of
the CCP in these cartels. So yeah, if there's some
cartels that don't want to stand down, well guess what.
We've got drones, We've got the seventy fifth Ranger Regiment,
We've got the eighty second Airborne. Let's have at it.

(44:58):
Let's have that all of it. When it comes to
special forces, why not. Wouldn't surprise me, by the way, Steve,
if we had a couple of three guys that are
already out there out there painting targets.

Speaker 2 (45:12):
Todd Bensman, you just heard Jack. People are serious about this.

Speaker 13 (45:16):
We're fed up with it, with tired of or tired
of having our people destroyed by this chemical warfare attack
by the Transchomists Party. How do you think that's going
to set down south of the border, sir.

Speaker 11 (45:28):
Oh, they, I mean, you know, it's the the.

Speaker 10 (45:31):
The American dogs.

Speaker 11 (45:32):
I mean, there's a long history about, you know, American
military adventures in Mexico and everywhere else down there. And
people are especially people like Claudia Shinebaumbu. You know, people
on the kind of socialist left are especially keyed in

(45:52):
on this, so uh there. I don't know what their
pushback is going to be, but they'll they'll push back
if we something like that.

Speaker 10 (46:01):
I think what they're.

Speaker 11 (46:02):
Up for is some joint kind of US intelligence led
intervention kind of action down there.

Speaker 10 (46:10):
I don't know what they're going.

Speaker 11 (46:11):
To do if we just go at unilateral I mean,
I think they're going to lose their collective minds. And
one thing about that that I do worry about. I'll
just put this out there is that we don't want
to see the Mexican population, you know, start viewing the
cartels as the hero victims of martyrs against the you know,

(46:34):
the North American dogs that are doing this to us again.

Speaker 10 (46:39):
So there's I think there is a fine bounce.

Speaker 11 (46:41):
We don't want to lose the Mexican people in too
much military intervention.

Speaker 10 (46:46):
It's just something to think about.

Speaker 8 (46:50):
Yeah.

Speaker 13 (46:50):
No, that gets to the Pancho Villa, Blackjack Pershing, the
last expeditionary Force. I think we said down there, Todd,
we'll spend more time on this during the week to
go to get all your great writings and all your
information because this front in the Ward, the jans Communist
Party is about to go kinetic. I believe, either in
combination with the Mexican military or in a solo endeavor.

Speaker 2 (47:14):
So where do people get you? I know you're covenant NonStop.

Speaker 11 (47:17):
They sure have been set on the table for that
for a couple of months now.

Speaker 10 (47:22):
Yeah.

Speaker 11 (47:22):
So you can follow me at on ex Bensman Todd.
I've got an account at getter, very active and truth social.
Todd Bensman dot com is my website and you can
follow my newsletter.

Speaker 10 (47:35):
Sign up to my free newsletter there.

Speaker 11 (47:37):
I've got a piece about to publish in the Daily
Wire that I just came back from the border, and
I'll put that up here shortly.

Speaker 2 (47:48):
Put great and we'll push it out.

Speaker 13 (47:50):
Todd Bensman's Daily Wire piece will push out as soon
as we get it. Thank you, Todd. Look forward to
having you back on during the week. Got to use
Todd Bensman. Why we can never know when we're going
to lose him to the administration. Jack's going to stick around.
We got Spencer Morrison. I hate to say the victor
of the debate last night, but let's say the victor
of the debate last night, although it was a great

(48:11):
debate Libertarians versus the nationalist We're gonna take a short
commercial break.

Speaker 2 (48:16):
We got the right stuff to take us out.

Speaker 13 (48:18):
We're going to go around the globe to Malaysia, Kuala
Lumpur to hear about what our potential trading allies are
talking about. Now, Jack Masova's going to stick around with me.
Short commercial break, ninety seconds, two minutes. I think back
in a moment, the war room
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