Bannon’s War Room Steve Cortes: Markets React- Markets Influence. March 17, 2022.
The Economy: Guest Steve Cortes. March 17, 2022.
Transcripts from Bannon’s War Room on Rumble: Steve Cortes: Markets React-Markets Influence Published, March 17, 2022.
Steve Bannon:
Your thoughts of where we stand sir and particularly the narratives being driven in this country.
Steve Cortes:
Right? And to connect it again to capital markets because I think this is important, not that we ever slavishly follow markets and not that markets always get things right, but you're exactly correct. The markets are a really important, real-time barometer of where serious people in serious institutions are willing to wager on the course of events. And let's look at crude oil right now. So crude oil, which shot all the way up to $130 a barrel as the fighting commenced over there in the Black Sea region is now back to 100. Now, that's still massively too high, of course, and that's because of Biden's policies. But the point is, it went from the 90s to 130 pretty quickly back to the 90s. Why? Because capital markets, at least the energy markets are getting more confident that a deal can be reached.
So, at the very same time that we have charlatans like Ben Sasse trying to escalate. As we have the American Media just clamoring breathlessly for continual American involvement in intervention and escalation. Thankfully, there are more dispassionate voices and thinkers on both sides of the actual belligerents in this conflict. And Russia and Ukraine continue to signal to the world, we don't know what will happen, but they continue to say to signal to the world, that a détente is possible where there is a neutrality of Ukraine, where it is a buffer zone as it probably should be by all logic, but that decision shouldn't be for us to make.
That's another point I want to make here Steve is that these folks like Ben Sasse and Lindsey Graham, and Sean Hannity all of them in their arrogance in their condescension. They very, very much view the world as this chessboard, and they fashioned themselves as chess masters. Of course, they're not even capable of playing checkers. And when they disastrously fail at playing this game of globalist chess, inevitably the pawns are the citizens of the United States, who always pay for their mistakes.
So, we are saying enough and we're winning converts over people like Jesse Watters and everyday people that you run into. More and more Americans are waking up to the reality of, wait a second, we've waged war and we engaged in nation building for 20 years in this country except for the four years of Donald Trump. The consequences were disastrous for this country. We are no longer trusting these so-called elites, people like McFaul who you showed during your introduction. We're no longer trusting them. We no longer believe they have our best interest at heart, and I believe, we'll see what happens. But I think peace can happen.
Steve Bannon:
Cortes your assessment analysis before I go to Harnwell.
Steve Cortes:
Well, I'm glad you mentioned about Sasse if you're so bold, pick up a rifle and go over there. You know who made a very convincing video and that exact point is Eric Greitens who I think is going to be the next Great America First, senator from Missouri, somebody who has picked up a rifle and fought all over the world for the United States as a navy seal. He said, hey if you feel that strongly, good luck. We'll say a prayer for you. We sure hope you come back but there's no vital American national interest to involve our country in what is clearly, what should be a regional struggle.
And by the way, we're picking up some of the usual characters right now. I want to also talk about the house leadership which I thought had a shameful press conference yesterday. Here was a quote from Elise Stefanik who somebody that I normally have a lot of political admiration for she said, quote, “The stakes could not be higher”. I mean, really? the stakes could not be higher for whom? for the United States? If we were simply dispassionate about this, if we would simply be logical instead of emotional, we actually have very small stakes in this regional skirmish over the eastern border of Ukraine. That is the reality but instead.. .
Steve Bannon:
What stakes do we have at all? We haven't, I would like to see them that crowd up there in the house, I'd like to see him with a sense of urgency on the invasion on the southern border, 186 thousand people are coming across this month. Only 156 hit the beaches at Normandy only 300,000 in Patton's Third Army. This is every month. Patton's Third Army was an entity of itself. D-Day was a 48-hour event, 156 thousand men.
This is every 30 days. Please stand up, house leadership, and show me the urgency for the working classes Hispanics in the Rio Grande Valley, they’re at the blunt brunt of it. But every town in this country's a border town. Where's your sense of urgency there and not a photo op to go down there. Where is your sense of urgency? Where is it? It's absolutely vital.
Steve Cortes:
But listen, you know regarding house leadership and the others by the way, you know, Mitt Romney, okay Sean Hannity you pick’em, all they keep saying are using these ridiculous platitudes like it all the defense of freedom, you know, that sort of thing, rules-based international order. Explain to us have the decency and the respect for the American people to make the case to us how this threatens America, okay. For example, Zelensky himself while I think it was shameful presentation before the United States, tried to guilt us into helping his country, used Pearl Harbor and 911 and what I thought were completely disrespectful. Explain to us Zelensky and Romney, explain to us how reaching some sort of settlement over the Eastern portions of Ukraine endangers Paris okay, because I don't believe that, first of all, despite the propaganda, they're putting out and then explain from there how that endangers the United States.
I would argue you cannot make that case and that's why they're not bothering to, but they need to have at least that respect. George W. Bush as terrible a president as he was and as awful as the Iraq War was. He at least had the respect to try to make the case to the American people. Now, it was garbage intelligence, and it was today illogical thinking and strategy, but at least he had the decency to say, I need to make a serious presentation to convince the people that we should risk American blood and treasure.
We see none of that right now. It is pure emotion, and guilt and castigation that if we disagree, if we actually want to try piece over there, and we don't think there's a vital American interest that somehow, we’re a puppet of Putin. And the deplorables out there need to know the Republicans are every bit as awful on this point, the elected office holders as are the Democrats.
Steve Bannon:
Listen, the reason that the Bush wasn't respect for the American people, he was forced to it by leadership in the House and Senate to come and make that because of a tons of Democrats at the time. Hold it, that's what Republican leadership should be doing right now is being adults, not infants being adults.
They should force Biden and the administration come and make the case. I don't need to Zelensky coming in with some video and all this slobbering all over him come and make the case to the American people and everybody out there, you big constitutionalist. Where is your, how do you revere the Constitution today? Force him to come and make the case to the American people. As he's required to.
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