Steve Bannon spoke at the Delivering Alpha conference today mostly on the topic of China – below is a FULL informal excerpt from Donald Trump’s right hand man
At Investment Conference, Steve Bannon Says We Are At War With China
The meddling in the in the collusion it was fine. The president's got a lot of stake in Russia. These are the China and I think the president's done a terrific job particularly visa. All the previous presidents and I thought the press conference was fine. I would I would like to be a little stronger maybe not the meddling but at the end of the day the Democrats are just going to have to embrace this meddling is on the margins right. It's just not that big a deal. Yeah the Russians always trying to trying to do something. Absolutely just like the Chinese. Right. Just like other of our adversaries and even some of our allies. And so I thought the president what I didn't like was yesterday I did. I did not like the one thing. Fine is a strong word right. No signs actually a weak word. And I think it's a great strong word to describe it. I saw him in Singapore and he was very much in command command presence and he was not in command on Monday and they're never going to find performance I think it's Singapore and in Helsinki are two different things. Like I said I think it was fine. I think the hysteria of the camp look was President Trump and his normal command presence you could argue yes or no. The topics they discussed I think the output that we're getting now particularly views of China what the president is talking about I think is quite strong.
I think what he's done versus other presidents look he goes to Warsaw last year he gives a speech that he talks about the central part of his administration is defense of Western civilization and he says at the time he calls them out for the natural gas deal and that for gas deals are going to do with the Germans. Now any the president that have been the most provocative thing in the universe and look at what the last two presidents did in Russia. Right. We've allowed American foreign policy for 50 years or 60 years as keep Russia out of the Middle East. Obama allowed that. Bush looked the other way. Brennan and all these all these super patriots are the first treason of the president. Where were they when they were on watch about this. OK. President Obama actually stood down. I think it's cyber security guy testified in a Senate committee that he stood down. So I don't know where all the super patriots were. And look at what Donald Trump's done now was his command presence as as strong as it was in Singapore the answer is certainly no and I think you say the same thing. But it's a different environment he's dealing with a different guy. What about. But you know what. You know but here's the point. The mainstream media jumps on the marginal optics and they're right on the trigger. It's treason. He didn't support the intelligence community the intelligence community all these super patriots Clapper and Brennan in this crowd that were jumping on the president because the president sometimes conflates the enabling aspect was a collusion. OK.
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You can point out when he's asked about nettling he automatically jumps to the accusation of collusion answer times and landed him on the front page. They conflated the right to meddling in the collusion. So a lot of people do it. There are two different things and certainly the meddling is wrong. We ought to we ought to monitor they shouldn't do what we should tell them to shut it down. What President Obama kind of stood down. Those guys are on watch really didn't get on the indictment on Friday which president some said hey go ahead put the indictment no problem with it. The indictment on Friday didn't even talk about the RNC or the five or six campaigns that the Russians went after. Now let's be frank if Clapper's book he's saying hey it changed the election I think it was a hundred thousand dollars worth of Facebook ads. Give me a break. The medaling was on the margin. OK now in seclusion they haven't found one shred of evidence that Democrats wanted to do over. They have yet to embrace the reason they lost the reason they lost is they forgot about the working men and women of this country in Wisconsin in Michigan Pennsylvania Ohio Iowa places Donald Trump never should have won. And they've been they wanted a do over from 230 in the morning on the 9th of November of 2016 where we won when AP called them where they wanted to do over and they whine and bitch and moan about it since then. And they're going to have a do over this November November 6 they get their do over. We're going to think we're going to get some attention.
Would you have advised them to go to hell thinking that you invited me to sit down. I would have thought the timing would. I thought that the NATO visit the visit to the United Kingdom and the visit to NATO could have taken place on November 7th. After that it is planning to do there. There's plenty that you have to do. I thought his trip to NATO is fantastic when get to that in a second. Talking to our allies trying to save NATO. Donald Trump's done more than any president state not to have happy talk but actually try to save NATO and make it a real alliance not a protectorate. All that could await it we could await it to after November 6. They want to do it fine. It's going to be fine. Deplorable and be plenty jacked up there in a second but that visit if you take the whole totality of it. Look what Naito I mean Donald Trump is trying to save this alliance. What he doesn't want is a pretext. Remember that problem we've got ourselves in in this liberal post war rules based order. You go from Europe to the Persian Gulf to the South China Sea the Northwest Pacific. It's a series of commercial relationships capital markets trade relationships and American security guarantees. We underwrite the whole thing. If you want to know when we have a structural deficit of a trillion dollars a year is because we underwrite the entire thing none of our allies kick get into the into the till. And the Europeans are the worst.
And Germany is the worst of the entire lots of the kids sit there and tell me what a big threat they think Russia is when 15 percent of the German people don't want to pay 2 percent. Now this is very important that NATO goes over that he's been talking to Stoltenberg the secretary general of the entire continent Stoltenberg has said that Trump is the biggest reason we now have people pitching putting in that 2 percent original Sochi 2024 camp as a business guy says hey it's got to be 2 percent. It's got to be now. Because we're spending essentially a trillion dollars and it is 800 billion Buffett trillion dollars has to interest. And he says like the landlord hey if you don't make the 2% you've got to make an arrears and they're going crazy. He does. Now the readiness initiative that Trump initiated to say what's the interoperability. Where's the equipment. Because Trump looks at the numbers under the hood and he says Hey this one point two percent they're paying the use of proceeds on global warming health care. Whereas the equipment is interoperability. Germans have a 128 combat aircraft seven could get airborne. The entire Germany could put one brigade of combat troops. He says Ready initiative an initiative he comes out of the afternoon meeting he says Hey how about this 2 percent now and no 10 years now and 4 percent total we're at 4 percent. We can't continue this. And here's the here's the reason we're not an empire. We're looking for allies. We're not looking for protectorates. Europe is a protectorate right now. What Donald Trump is trying to force him to do by having a pardners conversation is to say you've got to be a partner.
You have to be in on this thing. And so I think it's very like when you've seen a lot of the globalist over there kind of push back on it. I think Trump has been the guy who's trying to say this alliance. I want to exhaust how thinking then I want to get to China. Helsinki Stoltenberg breathless there breakfast misnomer. He's like Stoltenberg up in the morning. He's saying you know you're not painting presented as your best thing they are talking about the natural gas deal. He says that they signed a natural gas deal they have 70 percent ultimately in control of their energy. And he says what we trade with Russia all time he said. And Trump says it's not about trade. This is about geopolitics. And remember Merkel never wanted to bring that up when this deal was going. So he is so hard at it from an alliance point of view. These are the Russia the hardest I've seen since I was in the Pentagon back in the 80s. To me that appears to me like he like rabbits and he gravitates to personalities that are strong personalities. He likes President Xi. He likes Erdogan. I think it's the most dangerous guy in the world. And I think he's attracted to Putin because I think he looks at those people as strong leaders of countries they're nationalists they put their country first and they get on with it and they don't care what people think. No that doesn't tell you why because he's got his own house style. If you look at what he does he leads from strength.
People criticize this guy doesn't know what he's doing. Doesn't understand this. If you see what he's doing around the world to reorient this rules based post-war liberal order that cannot continue on and essentially work to deindustrialized the United States on the backs of the deplorable as they're the ones who pay the taxes to underwrite it and their kids in the Hindu Kush it's their kids in the South China Sea it's their kids 30th parallel that's deplorable speaking and I think Trump has a very strong vision of what America first needs. This whole thing about engagement. Now all the liberals and all the guys that morning germy talking about and all that he's the least nice president ever if you look at not just the inaugural address. If you look at the Riyadh summit where we actively engage our allies are Sunni Arab allies particularly in the Gulf. And if you look at the Warsaw speech which to me was one of the most provocative speeches against Russia ever. I think that this guy is the last thing of being a isolationists. In addition I think we keep Russia in perspective. Russia is an annoyance. China is our great challenge. As you heard today was with folks talking with Iran. Russia's economy's the size of Texas or New York State. It's what 70 percent dependent on natural resources. It's go lots of nuclear weapons. But in today's modern warfare. OK when you talk about cyber information warfare economic warfare and kinetic guns up nuclear weapons have taken less and less important role in the reality of warfare.
And so I think Trump puts it in perspective and I think that's what he's doing what he's trying to do is end the Cold War. OK he's trying to end the Cold War. The great geniuses of both local parties blew an opportunity in the 1990s to bring this thing to an end and we had to pay a price for it ever since. Well Donald Trump is trying to do is in the Korean War on the Korean Peninsula and in the cold war and all he's getting is grief from the from the from the globalists. Let's talk about China. We talking about China all day about whether or not there's going to be a trade war. What we see happening game is not where does this go how does it end. We're not in this thing of a trade war. They've been a trade world currently for about 30 years. We were at war with China. Ray Dalio the other day we're at war with China. The three the three times of war the Chinese look at it information war economic war and guns of kinetic war. They're at an economic war with us for 25 years. The no great power in world history has ever looked the way of the greatest threat. At the same time dissipate this energy something we spent seven trillion dollars. Brown University the Watson center showed we spent seven trillion dollars and 17 years on this war on terror and the war in the Middle East with very bad outcomes and we've allowed the rise of China in fact many people in this room the elites of our country have exacerbated the rise of China.
And we were told time and time again that Donald Trump does hear that it was the inexorable rise of China. It was the second law of thermodynamics. This was a law of physics in the natural world. In fact the whole facilities trap concept the these guys came up with is based on the rising power and declining power where the declining power. That's the same theory they had before Ronald Reagan got here in the 1970s that Russia was on the rise and we were on decline. That was what they caught was about. That was what all the arms agreements were about. Ronald Reagan changed that said we can defeat these guys. We can bring this down. It was possibly 40 years it happened in eight or ten years. Same thing with Donald Trump. And he's mocked and ridiculed and not being some foreign policy expert. He's got enough understanding of the world and the way the world works to go after this. And quite frankly we're winning. They talk about the Chinese haven't come back to us with a with the response and the freight thing for the first time in the last 25 years they don't know what to do. They're seeing an opponent standing up for themselves. It's not just the trade trade it's the scale and deficit of the trade and the way Trump proposed he says it's 50. It's 200. It's mostly one or two water and it's another 200 if you retaliate. And by the way if you retaliate again it may be another 500. Now you're talking about right now a half a trillion dollars. That's just one to three old ones is what Silicon Valley came to us about.
It's not the technology south it's the it's the forced technology transfers the third parts the ziti where we could we can basically implode these companies the last time the getting out. So we're in the game now. Right now we're converging on a point and they understand this. We could take the whole thing down. I think the whole thing was built on a house what did what are the current differences they're just going to have more got was out they get 3 billion of reserves and trust me in the New York second that thing would flood the country in a second. That's what that's what their own people think about their economy. We've allowed these guys to push us around. We've allowed these guys to take the South China Sea when I was 22 years old as an instant J.A.G. and the Navy is central to the South China Sea to be free and open navigation. The Bush administration and the Obama administration look the other day when they militarize it Donald Trump. I want to talk about where the trade war is going. And by the way I think. I think so. How do you how do you how it is and how it ends the victory how it ends in victory. Donald Trump is not going to back office. The Chinese are going to blink right now. His victory victory is when they give us full access to their markets victories when they stop.
Remember the warlordism in China right now and she is under tremendous pressure is the state owned industries which account made in China 2025 that told us it was to leapfrog us into converge on advanced chip design robotics and artificial intelligence to converge eventually with genetics to converge on advanced manufacturing. What the reality is we saw on G.T. is to get off the west supply chains for ZTE he was a get off the west supply chain for components. I think the number one thing here and see other trade war is the re orientation of the complete supply chain of Japan Western Europe in the United States and Southeast Asia. That 800 million people even before you get to India around the freedom loving countries. I think the regime in China is in deep trouble. Remember this is different than the Chinese people the Chinese people are some of the hardest working and best people in the world. It's this regime that is led down this path and it's this cult of personality around she that tried to get up in the United States as a space. This right here the train is going to end in victory. And what you're going to see is a reorientation of the entire supply chain out of China that simply turns on CNBC frequently when it's all said and done. There are going to be fewer cars in the world is China going to be more open. Or is it going to go back let's go back to the G7 for a second just tariffs us over G7 on the first day he get he got lit little bright lit up by everybody in the worst kind of world over and over thing next morning he was in there. So hey I got an idea about this. You have no tariffs no tariffs whatsoever. Trade reciprocity No Larry I don't.
But no subsidies McCrone didn't know what to do couldn't give a seat. Good luck whole Huelskamp is there state owned industry Brave's it in 2016. Are inextricably linked. What links them is China. It's China's exporting its deflation and Chinese exploiting exploiting its excess capacity that is gutted the Midland heartlands of England obviously through Germany. But it gutted the upper Midwest United States. If you go out to the Midwest and you give him a fire breathing speech on China you don't have to get him up to speed like you do the elites in New York they understand. J.D. Vance who wrote hillbilly ologies reminded me that these studies from MIT and Harvard show there's a direct correlation between the factories that went overseas the billets and jobs that went with them and the opioid crisis. Remember this is not just about economics and they're just not about manufacturing jobs. It is about self-worth and identity and people understanding they have jobs. OK. Bringing these manufacturing Harris back. Good for the economy 100 percent good for the economy great for the economy it's going to rebuild our economy. It's going to will continue.
You know I know how 20 years ago you were a Hollywood mogul nowadays and not him and I never thought you were going over here exactly here. Let's start with you. How are you going the present in Helsinki. The first sign of Syria came from the from the opposition party media full meltdown. Mr Fischer did Ignatius in president had an article in The Washington Post today. Up until the very last part we talk about the meddling and collusion. He was on the spot and he was in the presence of very tough particularly to the all the free and so on. I like I'd like to be a little stronger maybe not in that way but the Democrats have been gracious to them on the margins right. Yes absolutely. Just like the Chinese just like of our allies. And so the president didn't like I did. I did find somewhere right. We were for Singapore and he was very much. Come on man I'm fine. As for Syria look this president its normal committee process you are here in this hot sun setting. Now we're getting out of China what the president is talking about. I think what I think what he's done when he goes to work here he is a city that talks about the central part of his mission is defense of Western civilization. He calls them out for the natural gas for gas. Now the president is saying and the president right now that American foreign policy for 50 years to keep the Middle East.
Obama as you know the way you know the super rapacious first 037 the president you know where were they when they were on watch about this. OK. First of all I think a cybersecurity guy testified at a Senate committee before now and so the answer is certainly not the case but with a different guy. What about the point that he is on the right for the board doesn't mean that all the Kleiber from the president because you know the enabling and he ought not to be playing it right. So a lot of people did a few different things and it certainly did imminently wrong. We ought to monitor the shut down sit down and. I'm fine with that. Now I want to talk about the campaigns about her book. Hey hey hey. One hundred thousand dollars to pay for it. The meddling with the market. They haven't found what the Democrats want to do. They have yet to embrace that the reason they lost the relay is they forgot about the wording of this country Wisconsin Pennsylvania Ohio Iowa one and they want to do over two thirds of the morning in November. What we want when they want to know why. Any bitch and moan about it in this environment where you can buy down anything. I thought it and he'll visit the kingdom. It is taking place on November 7th. There is plenty that you have to do if we get a second. Talking to our allies to say to more than say not have happened talk but try to say make a real alliance not capture all that. We can't wait to happen November 6. They want to do is fine. It's gonna be fine.
But that does take a whole totality of it when they go down trying to save this alliance. What do you want as the capital of this liberal war Rupesh the door from Europe to the Persian Gulf or the South China Sea and the north west. It is a of course relationships capital markets trade relationships and American security guarantees. We ought to write the whole thing if you want to know when we have a structural deficit of a trillion dollars a year is because we underwrite the entire they never allocated. And so the Europeans are the worse in Germany. The worst part wasn't the case there. And you tell me what the big funny thing is when the German people think he knows what he's talking about this summer we are so he said we now have people pushing for it's now because we said hey he's won. Now the race is an issue that officiates the same thing again profitability will cause trouble. At one point he was going to paint a rosy on global warming health care. Where you go on 20 aircrafts airborne the entire Watergate and he got that right after that meeting. He says Hey how about 2 percent now. Now in a falsetto workforce. We keep getting this. And here we are we're looking for talent not packers. You're captured right now with dollar price. That of course has been a part of that is to say you got to be your partner. You have to be honest.
And if you see a lot of stuff that goes up that kind of the composition of the lines I don't want to talk about anything that I don't get it of time to sober sober. He's like so. Right. You are talking about and you feel that he has an awfully cold there isn't. It's not very hard to remember Merkel never wanted to bring up the eurozone. He gets up so hard after all he sees the light he gravitate to the personalities that he like her own he is the most in the world and he's trying to get those people as strong leaders of the country first. And you I don't know why because he's got house out. If you look at what he does he leaves free around the world to reorient this rule based post-war liberal that they cannot continue on essentially work in the United States is on the backs of the laurels. They're the ones who pay the taxes on the right of their kids in the Hindu Kush and their kids in the South China Sea. There is a 13th girl that's a little girl I think has a very strong vision for America personally think about you know all the talk about the isolation is isolation. It's not a summit where we actively engage the Arab allies in the Gulf and see what is good news about this election against Russia. I think the size of this is wrong. In fact Russia anoints China. These are great. As you heard today with Russia's economy the size of Texas or New York State. It's what 70 percent dependent on natural resources. It's got lots of nuclear weapons but in today's modern warfare.
OK when you talk about cyber informational warfare economic warfare and kinetic guns up new weapons are taking less and less important role in the reality of war. For instance I think from President perspective I think that's what he's trying to do is in the cold war to end the Cold War. The great geniuses of both political parties blew an opportunity the night Nani's of things went in and we had to pay a price for it ever since. What does this have to do with the Korean War on the Korean Peninsula and in the Cold War and all he's getting in Greece from the from the from the locals side and we've talked about all day about whether or not there's going to be a trade war what we see happening game where does this go how does it not distinguish where the threat of a third world war I'm really down the sweetness of the word more which of the three there's three types of war. The Chinese looking information were economic more and more there and then the economic crisis for 25 years. The no great power in world history has ever looked away. The greatest threat at the same time dissipate is energy or something. We spent seven trillion dollars. Brown University the Watson center. We spent seven trillion dollars and 17 years on this war on terror and the war in the Middle East with very bad outcomes and we've allowed the rise of China in fact many people in this room the elites of our country have exacerbated the rise of China. And we were told time and time again that chill down from here that it was the inexorable rise of China. It was the second law of thermodynamics.
This was like the law of physics in the natural world. In fact the whole facility's trap concept guys came up with is based on the rise in pound economies where the declining. Now that's the same theory they had before Ronald Reagan got here in the 1970s that Russia was on the rise. We were on decline. That was what they thought was about. That was what all the arms agreements were about. Ronald Reagan that said we can defeat these guys and we can bring this down. It was totally 40 years it happened in eight or ten years. Same thing with Donald Trump. These mock and ridicule not being some foreign policy expert. He's got enough understanding of the world the way the world works to go after this. And quite frankly we're when they talk about the Chinese having come back to us with a the response and the great thing for the first time in the last 25 years they don't know what to do. They're seeing the opponent standing up for themselves. It's not just afraid phrase it's the scale and depth of the trade in the way Trump proposes. Fifty two hundred sixty one is 200 is another 200 if you retaliate. And by the way if you don't retaliate again it may be another 500. There is talk of that right now a half a trillion dollars that's just one to three old ones is what Silicon Valley came to us about. It's not the technology south is the it's the forced technology transfers the third part the zonkey where we did we can basically implode these companies allow us to get out. So we'll get one.
Now right now we're converging on a point. And they understand this we could take the whole thing down. I think the whole thing ought to help our treasurer and what are you. Are just going to add more dollars if you get three dollars of reserves and trust me in your second that things will flood the country in a second. That's what investors are old people think about their economy. We've allowed these guys to push us around. We've allowed these guys to take the South China Sea when I was 22 years old as an instantJ.A.G. in the Navy it's since of the South China Sea to be free and open navigation. The Bush administration and the Obama administration look the other day when they it Donald Trump. I want to talk about where the trading is going. I think so. How do you how do you how is it different how does victory was not going to backoffice the Chinese are to blame. Right. Well victory is when they give us full access to their markets. Victory is when they stop. Remember the warlordism in China right now and she is under tremendous pressure is the state industries that have made in China 2025 as it was the free for all of us to converge on and then ship design robotics and artificial intelligence that converge eventually with genetics to converge on advanced manufacturing. What the reality isG.T. is to get off the west supply chain for ZTE. Get off the web supply chain for components.
I think the number one thing you see on the first is the re orientation of the complete supply chain of Japan Western Europe in the United States and Southeast Asia. That 800 million people even before you get to India around the freedom loving countries I think the regime in China is in deep trouble. Remember this is different than the Chinese people the Chinese people are some of the hardest working and best people in the world. It's this regime that is led down this path and this is cult of personality around she tried to get up in the United States as a state this wanted to keep the Craigmore is going to end in victory. And what you're going to see is a reorientation of the entire supply chain out of China. What we discuss it in person with terms on sinuously frequently is when it's all said and done there are going to be fewer terrorists in the world is trying to get a more open or is it going to be like to the G7 for a second just like tariff us over G7 on the first day he got a little right lit up of our cameras are over and over the next morning he wasn't there. So hey I got an idea about this. You have no tariffs no tariffs whatsoever. Trade reciprocity No. But no subsidies McCrohan didn't know what to do couldn't get a seat. It wasn't a look at the whole scheme. It was a state owned industry brings it in 2016 are inextricably linked. What links is China. It's China's exporting its the free Chinese city that is dotted the middle heartlands of England obviously in Germany but in the upper Midwest to the Midwest help you must read this piece on China.
You don't have to get them off the speed like you do the elites in New York they understand. as the road hillbilly elegies reminded me that these studies from MIT and Harvard show there's a direct correlation between the factories that went over these debilitating jobs that went with them in the opioid crisis. Remember tariffs are not just about economics and they're just not about manufacturing jobs. It is about self more in energy and understanding. They have jobs. OK bring these manufactured goods economy going to rebuild our economy to bring our manufacturing base back I know talking to our audience like this that is the radical radical idea of free trade and radical ideas. He's not a radical idea. Because what you do is you judge your country. If people knew that when they were great American power and they were up against the war he would just let me ask you this. I to know the answer to this question but not much when it comes to dividing the nation's resources the most but the most. What's the market or the government. I think I think it's I think it's I think it's a market that is to have some oversight by by the people not just among libertarian I just don't think the market always has the right idea. True I'm not a believer of creative destruction. So listen this is where the future is what is what we want to get the cash was wrong. Well the Chinese want you know the cash over here. Why is it that you want to go to the same thing in the United States or our government securities invest in this country.
It's the stability in the safety and the security. It's the firemen the cops the soldiers the sailors the people the coach our little leagues to build churches that civic society built upon a manufacturing base not a service base a manufacturing base that is being treated as a free resource. No other deplorable to go because they're rational. They understand that their pension fund their life insurance companies they're saving the same money that went overseas and ship those jobs overseas. Not you hear the opiate crisis the state needs the security the stability of these markets the state has a cost to treat it. If we go back in history I think all the talk about not having gotten today what kind of group home on a hill. Why bring China world to liberalize over time. The war on poverty because they more market and things that are harming them when we give a billion coming out they're going to have they're going to have more and more democracy. Name Elise and Homer. Hey guys the morning and a great power not to be wrong headed absolutely 100 percent dead more than my normal. Look at China hanging around for 4000 years nacreous barbarian and Secretary of State barbarian indifferent one to one. It's the reason Korea is a vassal state to them. The first trip to Kentucky went on the train he went to the Home Office he got instructions. That's why you didn't meet with US president Trump said it. President Trump said Now I understand that you deal with him. You're actually dealing with China which is after the case they look at us in a precarious state.
They ship us high value manufacturing goods we shipped them know soybeans cotton you know wheat corn natural resources where we are Jamestown to Great Britain and the people that make that mistake. That's not a small mistake. Quite powerless. And the last thing we allowed them to make it. Now they're on the track to top all the signs had gone. And the rational apologists today and you have the Hawks and the radical apologists say it's the assiduity track where the declining power there the rising power of the same. They sold it and if we're smart as a declining power yes we can nudge these guys the junior partners to their better selves in the world to be better and we'll make it as a junior partner but we'll be a junior partner. Okay the Hawks disagree with that. They want to be a Hedgcock Monic power. She showed his hands over the last five years. It's time to confront them. This is all people are going to think about a hundred years and they look back now is a confrontation of the West with China Iran and Turkey. That access is the dark valley just like the 1930s. We're going go through a dark Valen a dark valley and we have to be able to manage this in this country. You caught me I mean you're talking about the 1930s I'm talking I'm talking about a geopolitical geopolitical crisis that we have the Donald Trump in reorienting his liberal post-war order where America works in the vital national security issue the United States in the vital national security interest of our local partners. That's what NATO's got to step up.
That's why the Gulf he was certain he went to Riyadh and said hey we've got to be allies against the Ramatoulaye Tongan president. I talked to the guys in the White House all the time with the president and his father these investigations and I know the investigation is going to come hurtling to how much of what you say you say to the president. Well you have to you have to be careful as a President Trump is a populist President Trump is an economic nationalist economic definition very simple. Doesn't matter your race your religion your gender ethnicity or sexual preference doesn't matter anything about that. If you're a citizen of the United States you're a special bill. We're going to limit mass illegal immigration so we don't suppress the wages of Hispanics and working in black working class and we're going to cut and dramatically limit illegal immigration so that our citizens are getting just in Silicon Valley. The big economic summit action I'm seeing here is my point. This is the safest environment in the world for us. There's a cost. It's a safe environment because of working class people. That's if workers have people that ability for those jobs. Well maybe this day is just a day of just being told Tolfree over a day is a dangerous place. People of her pontificate about helping your mom and I can't hear them doing this on the day that the world is a dangerous place. It doesn't make sense. You could be hurt by what happened in Helsinki. No. The midterms are it's an up or down vote. Donald Trump is a referendum on Trump.
If we run they don't want to talk about it he's. We thought he shouldn't. This is all about getting to talk about the Florida election here about what he just likes 16 they got what they wanted a do over. It's going to be Trump versus their field. OK. So Elizabeth worth the day is a referendum on every ballot. The formals are going to have to sometime there's going to be a moderate guy running for the Senate doesn't matter. All of that is up or down vote. The entire package attached to the economy. I think if there's no say in the second quarter the 4 percent I think you can see an economy that grows here three and a half or 4 percent for the year because of economic nationalism because of jawboning. That's why was coming back into this country. We're going to have much right now I think the House's 2010 net loss is one thing if we continue to run a front versus the field if they a go conscionable Congressman you could be catastrophic. They do not want to face the outcome. If we make this a referendum on Donald Trump and his policies his totality is as if he will hold the House under 20. And I think we're going to pick up the four seasons how he never got a foundation. Right now we run more than 25 people we're putting people in here. We're going to eventually come later in the summer helping groups to ground game. This is all ground game. Their base is enormously enthusiastic and they should be forgive us.
OK and they now start to understand as we're deconstructing the minister say and you take it you're changing the federal judiciary with 140 judges. How do you account for Tronson something in the Supreme Court justices that are focused on the Chevron exemption to focus on gigas or the minister of state. They understand smart progressives understand that Donald Trump is a historical figure. He's transformative. He's going to be in their lives 30 and 40 years from now so they're all one piece. Now who is anybody in the Democratic field who most fear he could lose again when he runs for it. So don't worry about it when you get to worry about this. Forget 2020. It's all it's all now. I don't know that this is a presidential race because the first really here's the strategy. All of those folks need 19 20 19 to get there. He looks just like Trump needed 14 13 or 14 to get just the likes of Cain even 450 unique in that year. You get your messaging and understand it's a bright light for you. It's incumbent upon us to draw out Kristen Gillibrand Cory Booker Jamilla Harris Elizabeth Warren. They got to be drawn out now. He's got to draw them out. Now we've got Donald Trump who you have you saw today Elizabeth Warren. He blew up Elizabeth Warren at that rally the other night in Montana. You can see that every time he's on a call these people by name. You have to take the top contenders forced them onto the battlefield now and show us what you've got. We've got dowser not sure she got into Biden Elizabeth Warren I said from day one.
I think this ties into his trump a 20 year win this year. And when it gets one I think is the biggest is over one because I think we're going it with Obama. So I think we're in a different era. I think the era that media is understanding and understanding how to communicate on a mass basis to the American people is so much more important than being in a state legislature. I think that we're seeing those days where even guys like Iraq. You may laugh at them remember people mock and ridicule Donald Trump and so many of you that know and mock rituals even idea the other day what do you say was a construction executive Randy or you like beauty contests. That was to the from the podium. He said Take this guy seriously and 15 when he came to that right. I know. I know. I know he's looking but my point is that so many people will mock and ridicule Donald Trump. Top of the escalators in seventh place on June 16th after two seasons in first place. There's people like that on the marquee of the world Oprah Winfrey some. Don't dismiss people today that either he does understand media or people that are media types and people that are commenters on TV shows that just in the world do not think that those people can somehow and a search to get traction more so that some guys in theU.S. Senate the senators I'm telling you look at it you're going to see Kamala Harris Kirsten Gillibrand Cory Booker Elizabeth Warren and Joe Biden to get their shot this November.
Donald Trump will blow up individuals like me on Facebook even on the right. I mean the guy knows the testimony. Look what he's done. I'm a strong proponent. I've said this now for nine months public speeches google facebook they should drop we should drop down the data into public trust. OK. Other stuff they should get access to it. People should opt in or out to have to pay the full price discovery with the cost of these things or they will pay for a Facebook page for Google pay for that. But the data itself over public trust and we can now have a version of the power of these companies. These tech companies with crony capitalism indeed. It's scary. And they've got to be broken up. I think I think you know the point of central banks is that they should currency. I think these crypto currencies are a huge aspect of the future. Obviously that raises problems about the markets that piles up what you like. And you know I got that from working on a number of I think nine cents that CEOs have been a disaster. I'm working on. We're working on some token now utility tokens potentially for the populace on a worldwide basis. I think they've got to be they have to because the problem is too much so many investors I think are being blown out by things that are over there. They're the future remember it's not that person on the campaign we've got going right here in sentences that are progressive Democrats and Lois and her father protector father does a great job in the way she does. I was there for one reason.
I'm a populist and I'm an activist. And I don't get it if people are going to try to fight those policies unfurling. You know I want an iphone i just don't mind and Jumbo's given the jungles of Matalan. I think the Trump Sun's reports that he's moved off his side. He's running the White House now look he ran this one floor at Trump Tower. He's very colorful. Thanks Miles. At 71 years old you have a house. Have a. How do you prepare for a role. It's rough. Reports of reports that we have today Steven Miller White House counsel Bolton Larry Kudlow. They come right to talk. It's all about execution. He knows he wants to do. I think what's the point for this administration. What was the appropriation so he did the tax bill. I don't think the appropriations bill as fully as late as he. OK that one was he was very upset when he got approved in a number of conservatives have said we can't do this free our trade dollars worth of deficits going forward. I think he understood at that time that people may not have been straight with him the side of him. And ever since then he cleared it out. He hasn't directly from the guys are there. They're not going to have a conversation with him. He's hated every second. Why not. Not that you know I can't remember I was basically you. I came to campaign middle of August 16th. It sound like the first I did and I said don't forget all of them home.
No matter matter there is one or two thirds of the country so we're on the wrong track. They like President Obama personally a lot respected. They didn't think he brought the change with the most important number Patterdale who doesn't get enough credit has endured for years and he has for the American history I think 70 percent of the American people will leave the country was in decline but the working class and the lower middle class will prepare to follow a leader that return America to its former glory. And that's why we ran the campaign to make sure that and incompetent elite and Donald Trump for the people and that's what we want. What do you think didn't walk back yesterday however does but I guess it was as close as he come to the things that happen I think are 100 percent correct and sort his policy. As I get a good job in Helsinki was the border. I didn't like the ego because I thought that was a walk I thought as a walk back. It's got to be. It's got to be zero tolerance. And he's doing this to stop these children to be destroyed by these cartels that are bringing him up in Central America. He was right on the border. OK. I didn't like that again like I don't think about that. Yes and here's why Donald Trump is strange. His brand is strong and strong. We're going to galvanize people around you and in a win in November if you let people around you talk you into being weak. And then the next they make up what you've got to get those voices the only voice.
That was the thing then what he needs to listen to that inner voice. It got here OK. He didn't hear and make him an historical figure if he just listens that voice. Are you comfortable with children being separated from their parents. I'm comfortable. Is that a zero tolerance policy. If you come through a port of entry and you have asylum you're going to stay together if you illegally cross just like a crisis like a criminal case you break the United States. We've got to separate. They have to be separate. I'm sorry. This is to help those people remember the drug cartels. They are making more money on trafficking these people aren't. And all you're doing is destroying them and they won't have a chance for asylum. OK. So in the broader scope you're hurting people all of this is doing is hurting people the economic migrants does not give you access to the United States you just. And that's what we have to take the emotions out of this and look at it rationally present probably a very tough call. No kitchen release is zero tolerance. That is what a profile encourage is that is what you hire a president to do and that's what he did. And that was such a tough decision after a tough decision was in Korea was with China was NATO whether it's in the Persian Gulf with us in Iran. If you look around the world you showed me one person at least this country very simple. They've been in some managed to find the men from the local party now crowned Republican they've managed to process unacceptable outcomes.
And what Donald Trump has said in a very basic and simple way is that a saying I'm not going to you that I don't care if Democrats or Republicans follow me but on my watch I'm going to do it in Iran on the during Korea. I'm a student. I'm going to take action on the southern border. Right. Wherever this is on our tax structure I'm just not going to kick the can down the road. If you go back and look at his speeches it's all just this elite that want to manage a process of decline. Donald Trump is not. There's not and will not accept that deplorable. It's the central reason they voted for it and the simple reason why our political force in this country is going to be a political force for a long time to come back in.