PBD Podcast - Peter Navarro On China's Threat To The U.S. | PBD Podcast | Ep. 265 | Part 1

Episode Date: May 5, 2023

In this episode, Patrick Bet-David and Peter Navarro will discuss: The potential war between China and the US Peter slamming Anthony Fauci The definition of MAGA FaceTime or Ask Patrick any qu...estions on ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://minnect.com/⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ Want to get clear on your next 5 business moves? ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://valuetainment.com/academy/⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ Join the channel to get exclusive access to perks:⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ https://bit.ly/3Q9rSQL⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ Download the podcasts on all your favorite platforms⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ https://bit.ly/3sFAW4N⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ --- Support this podcast: https://podcasters.spotify.com/pod/show/pbdpodcast/support

Transcript
Discussion (0)
Starting point is 00:00:00 I know this life meant for me. Yeah, why would you plan on the life when we got bad days? Value payment, giving values to pages, this world on your panoras. We can't no value to hate it. I'd be running home, you look what I've become. I'm the one. One. One. One. One. One. For many reasons, a lot of people want to talk to our guests today.
Starting point is 00:00:30 Okay? Tom, your think keeps hitting the table. I don't know what you got, your cufflinks or whatever that is. Yeah. So Tom's been in trouble all morning today, folks. I don't know why. Tom's just doing a lot of stuff today. But today's guest, Dr. Peter Navarro, if you don't know who he is,
Starting point is 00:00:46 you probably haven't turned on the television, you don't follow politics. Because if you do turn it on, you're gonna see him, some people love him, some are indifferent, some don't like him, but his background is absolutely insane with his expertise and a few topics that we definitely wanna get into. We've been following up for a minute to get him here.
Starting point is 00:01:03 Finally, our buddy here, Malik aka Rob, was able to make this work. Let me properly introduce with the background. He served in the Trump administration as assistant to president, director of trade and manufacturing policy and the National Defense Production Act policy coordinator. He was previously deputy assistant to the president, director of the White House National Trade Council, wrote a book, he's written a few books, one of the books was death by China which will cover. There's another one that just came out a few months ago, we'll talk about that as well.
Starting point is 00:01:34 He's a strong advocate for reducing US trade deficit and has been critical of Germany and China accusing both nations of currency manipulation. He supports increasing the size of the American manufacturing sector setting high tariffs, which is something that you kind of got to bully some of these guys, and that's one of the ways of doing it. He went to tough university on academic scholarship, by the way, just so you know, the alumni of that school
Starting point is 00:02:00 is a pretty heavy duty one. Tuffs? Tuffs, yeah, that's where he changed. That's where he changed. He didn't really?? Yeah, that's where the age range went. Did he really? My best friend, yeah. Jamie Diamond went there. You got Peter Gallagher, you got Meredith.
Starting point is 00:02:10 I think Meredith, yeah, she went there as well, right? Meredith Vieira. It's a very well-known school. Served in a US Peace Corps in Thailand for three years. Earned a Master's of Public Administration from Harvard, University of John F. Kennedy School of Government in 1979 and a PhD in economics from Harvard under the supervision of Richard E. Caves in 86.
Starting point is 00:02:33 A few things, has run for office multiple times, limped in San Diego, you were a Democrat while going to Harvard, then you became a registered Republican in 1989, then you went registered as an independent 1991 when you ran for mayor of San Diego as an independent, then you rejoined the Democratic Party in 1994, remained a Democrat during his subsequent political campaigns. He was endorsed by then. First lady Hillary Clinton, holy moly, during his 1996 campaign for Congress and position himself as a progressive on social issues such as choice, gay rights and religious freedom. Then Navarro supported Hillary Clinton's 2008 campaign and Embrake Obama's environmental policies. And during the 2016
Starting point is 00:03:19 presidential campaign, Navarro identified as a Reagan Democrat and a Trump Democrat abandoned by my party. And obviously, supporter of President Trump, what a wild background you have. Thank you so much for being against the party. It's great to be here. The one thing you left out of my video was actually grew up in this area. My father was a professional musician and he had his own band and he played like the Fountain Blue and Eden Rock. Oh nice.
Starting point is 00:03:51 And then the good days. Yeah, yeah. When they were just brand new, right? And then we'd go up the pike to Palm Beach and play the Palm Beach towers there. And I spent the better part of my childhood riding my bike past what was in the post estate. Now, do you know what the post estate is now? Is that the Marlago? Marlago? Yeah. So Patrick, I just great to have me back here. I think, you know, the political discussion that you said about
Starting point is 00:04:21 my party switching and all of that, I think it's a good place to just put down a marker here on what MAGA is, what the Make America Great Movement is. And the other part of my Vita, I think that's interesting, is that I was one of only three senior White House officials who served with President Trump from the campaign in 2016 all the way to the end. Only one of three, you think about that. You're going in, you know, the odds on me last in the whole time given all of politics that was in there. But MAGA to me, and this is why I'm a Trump Republican, or a Reagan Democrat Trump Republican. It's got such a bad rap lately from the progressive wing of the Democrats, but while Maga is,
Starting point is 00:05:15 Maga is very great again, it's three things. It's a triangle. I call it the iron triangle of populism. It's at the top of the pyramid there, it's a strong American manufacturing base and resilient supply chains, which gives us the employment opportunities, the rising wages, and by the way, the national security we need when we have pandemics or wars. And you get that through things like you mentioned tariffs, but also by American hire American, which I was the the point guy in the White House on the second leg of the triangle is the secure borders issue. Where you as we speak, we are having the biggest invasion of illegal aliens across our southern border, which brings a whole host of issues.
Starting point is 00:06:06 I'm all for immigration, but we have to have a way to ensure that that's gonna benefit the people in this country. And right now, that's not the case. And then the third part of that triangle is an end to the endless wars. The Afghanistan's and the Iraq's, that being in the Senate people of the Hindu
Starting point is 00:06:26 Kush to get blown up by AED's. We're going to cover all that stuff. I got a lot of questions. But that's mag. That's good for you to share that. But we want to talk about China with you. Yeah. You know, on how to manage it. My concern is also what did we learn from China on the way Nixon and Kissinger set it up for us to make sure, you know, with India, India just passing up China, they have the youngest population compared to two, you know, they're gonna slowly but surely become a powerhouse and how do you manage that relationship long come and how different is the India relationship versus the China relationship.
Starting point is 00:06:57 We'll get into that as well. Some things came out with a recording with you and the lady that is also trying to throw a customer. Yep, we'll talk about that. I wanna get your thoughts on that. Obviously, I'll get your thoughts on Tucker. We'll get your thoughts on Dominion with the $787 million with Fox.
Starting point is 00:07:14 What has happened in there? And a few other things. But I think probably the most important question to ask you before we get into it, are you more of a butt like guy or a coarse like guy? I think that's above. That's the course like that? I think that's the, that's the number one question. I think that's what everybody wants to know.
Starting point is 00:07:28 Everyone listen to it right now. It's a tough answer. It's a butt like a course like a gallon of water, you know, Pepsi. At my age, okay, I'm the boringest guy in the world because I cook everything I eat and I don't invite anything. I got a problem. You know, this is like when I get sick, there's nothing I can give up to make me better. So I'm more of a water guy.
Starting point is 00:07:55 I respect it. The question is, is that more also I was just it? It's just never worked for me. If you're the one cooking, your wife's not cooking, you are, are you only cooking and you buying and eating American food? Oh, that's interesting. I can't think of a single thing that's imported in what I have.
Starting point is 00:08:17 Yes, it's... Adam's right now, the face of his life, that he's trying to figure out, he's trying to find his Eve, and can she cook American food? Oh, oh, yeah. So he's trying to figure out, he's trying to find his eve and can she cook American food. So he's mentally emotionally struggling right now because he's patient with everything. Everything's so cool. Okay, hello.
Starting point is 00:08:32 Hello, you know, you guys, I don't see any coffee here, so that's cool. Not allowed. Not allowed. Yeah, so coffee and onion. My coffee is dark, dark, dark, dark chocolate, which invariably has to come from abroad. There you go. Pan may in extra dark.
Starting point is 00:08:53 Hey, you know, I need you to stick to that. I am trying to go and make sure it's made in America, by America, okay, hi. Thank you for policing me. So, so let's talk about a few different things. You've been criticizing China for a long time. And, you know, whether it's the books you've written on bottom, whether it's the tariffs, whether the criticism you got,
Starting point is 00:09:11 if we do punish them, they're not going to come back, they're not going to do anything to us. We've all seen and read the same stories and watch the exchanges that you've had. What's your biggest concern with China on where they were before, where they are now? Are they becoming more powerful? Are they getting weaker because there's a community of people that are same behind closed doors.
Starting point is 00:09:33 China's not doing as good as people think. This whole concept of the one child family that they did back fired on them because they're getting older. People are leaving. They're not even sticking around anymore. Billionaires are leaving, job creators are leaving. That thing's about to collapse. Is it a real threat as it was before? Are they getting weaker? What are your thoughts on China? It's the greatest existential threat This country in the world faces that that that that is clear. Let me let me let me let me let your folks know it's like
Starting point is 00:10:03 I started writing about this back in 2006. I wrote a trilogy of books. The coming China Wars in06, Death By China, which was both a book and a film in 2011 and just before I went in the Trump administration, Crouching Tiger. The first two books were about the economic threat. The last book was about the military threat. Now, the punchline here is that is bad as I said it was in those three books. As much crap I took from the legacy media and all the kind of like, oh no, no.
Starting point is 00:10:42 I'm the guy who had a top level unlike Hunter Biden, I got a top level security clearance. I get to see the highest level stuff. Without giving any secrets away, I can tell you that whatever I said about China in my books is far worse, far worse. And here's the thing, it's like I was with President Trump by his side when he went face to face with the dictator Xi Jinping. And one of the advantages they have is that they don't have elections. So their team is the same team when we face them as they're with Biden, right? I sat face to face with these guys and what Trump tried to do. And I think it was was was the right thing to do given the political climate at the time. I mean, I wanted to come in hard. It's like, you know, these people, you can't trust
Starting point is 00:11:44 them. just put the tariffs on them and make them stop doing what I call the seven devilie sins. All the crap they do to steal our jobs and factories. He said, no, no, no, no, we're going to stale put on some tariffs, but we're going to try, you know, soccer, Japan, we sat face to face in the G20. And all we learned, my friend, is all we learned is that they're just stringing us along, that when every use sit to negotiate with them, they'll agree pretty much to anything.
Starting point is 00:12:22 And then at the end of the day, they just white you out and they break every agreement you said. So you can't. So the policy needs to be and I think President Trump was clearly going to adopt this as soon as that second term began is what we call decoupling. De-coupling the US economy. I don't know if you know this but the trade deficit we have with communist China, and never call it China, it's communist China. Let's be clear about what it is.
Starting point is 00:12:49 It's about roughly equal to their defense budget. So in effect, every time we go into Walmart, Target, and buy that crap, which usually is stolen designs from American designers, We're funding what is an incredible arsenal pointed at our Navy in particular in the South and East China Sea. And they look the threats are many and very, but you just start with asymmetric warfare. What is that? That's being able to sink a $5 billion aircraft carrier with a $1 million missile. Okay? They've got, there's a chapter in my crouching tiger book, you know, missiles are us.
Starting point is 00:13:36 I mean, they got more missiles than any country in the world. You know, they're just, it's like, as Stalin said, quantity has a quality of its own. They can hit the palace in Taiwan in seven minutes from the mainland. And you know what they, you know what they call aircraft carriers? American aircraft carriers in China? Communist China? Targets, right? It's just, it's like a stupid way. It's a stupid way to conduct warfare with communist China. You don't put big aircraft carriers in the Taiwan straits and not expect those things, not to get shot down. I mean, we should be putting all our money into sea mines, ringed around Taiwan if we want to take that democracy seriously, and summaries, just quiet summaries.
Starting point is 00:14:29 So let me ask you, so you said a lot of different things. You said it's a lot worse than you think it is. When we went and negotiated with them, I was in those rooms and we're sitting with these guys and we're talking to them, they would make all the promises, they would come back, they would literally break every single one of the promises and the negotiation outside of that, they got more missiles than anybody else,
Starting point is 00:14:43 they can sink a $5 billion with a $1 dollar missile and they can within seven minutes attack the Taiwan you know palace all of that stuff It's public stuff that we know okay, what I want to know is If you're saying it you're saying it's worse than what you know, right? Yeah, what do we not know that is worse than what we know Well the broad strokes have to do with the elements of, for example, China 2025, which the made in China 2025. Yes. And the idea was that strategically they want to take over the key strategic tech sectors that are going to determine the future. So AI certainly one of them.
Starting point is 00:15:30 Blockchain, let's talk about blockchain technology. What we need to know, okay, there's certain things I can't and I'd say, but the question is blockchain technology is the technology which is used to encrypt things like Bitcoin and all our banking system. And if you have the key to unlock that blockchain technology, as a weapon of warfare, when the time comes, you can bring down the entire financial system of the United States in nanoseconds. When the time comes. When the time comes.
Starting point is 00:16:16 And when would that time come? For example, Xi Jinping, okay, you mentioned, okay, some people saying China is not that doing that great and they got trouble in this thing, you know, well, that's, that's dangerous because if she's in pain, gets into domestic trouble. The first thing he's going to do is what? You know the expression, wag the dog. Wag the dog is going to mean a run on Taiwan. We're going to have to have some kind of reaction and You know, what do you do? Do you send carriers into the South China Sea as soon as one of those sinks Will get's game on or do you blockade?
Starting point is 00:16:58 The the routes the China that oil comes from the Persian Gulf to China. I mean, they have 70% of their oil comes from the Persian. I mean, as soon as that kind of stuff happens, then the asymmetric warfare, what they call the unrestricted warfare kicks in. That's like knocking, I mean, they have the capability right now. They can knock our satellites out of the sky. They can use viruses probably to take out our electric power grid. And at least balloons that you
Starting point is 00:17:35 see floating over the United States, that's part of their information gathering process to execute their unrestricted warfax techniques one that i mean it's just it's just the only thing holding them back is the fact that that where they're cash cow where that tit they suck on right where we're it uh... we're uncle sucker and and the way they lifted two hundred fifty million peasants
Starting point is 00:18:04 at least up into status of sweatshops was by running big trade surpluses with the United States. So this is like it goes on and on and on. I wrote this in 2006. It reads like a Pentagon report today and we all we get is rhetoric. And BS from the corporate media and the Congress. So let's stay on that. So these double-dees that China keeps sucking our nipples off of, right?
Starting point is 00:18:35 They've been doing it for a while and they've flattened a little bit, okay? The last couple of years, because now, especially when Trump was there and you were there, you tariff, after tariff, after tariff, after tariff. Hey, Huawei CFO was in Canada doing a deal with Iran and we found out, guess what, Huawei you're out. Boom, Huawei loses a third of their valuation.
Starting point is 00:18:56 Hey, that person is doing what they're doing. Boom, I was in Monaco and I'm sitting there talking to a pretty connected guy in politics from Lebanon who was doing a lot of the things for the Countries there and he says you don't even understand the tariffs Trump put in Iran. How much he's hurting Iran's Economy right now. How much there being affected? I'm in this on a daily basis. I'm having these types of conversations You see what's going on. So Let's look at both sides. So the only reason why they haven't yet, they can, they can, they can, they can, they can attack Taiwan, they can do this to the, you know, a financial system, they can do a cyber attack, they can do all these different sorts of things, right? And hey, the fact that they are going through the bad thing, we got to be careful because all of the dark concept, you know, what's going to happen next?
Starting point is 00:19:39 Okay, cool. So why don't they? Well, because they're sucking on our nipples. So if we do put the tariffs and we keep it there and we make them drown to the point of catastrophe happening there, then it's definite that they're going to do something, no? Yeah, and that's not, look, that's not Yeah, and that's not, look, that's not, that's not the goal. The goal, the goal is a strong America. And the way you get to that is simply wean yourself from the factory floor of communist China and their supply chains. We, if we've learned anything from the pandemic,
Starting point is 00:20:21 we will be a stronger, more resilient country if we have our manufacturing basin or supply chains here or at least much closer to here. And China, look, if we totally decoupled from communist China, they'd still grow. I mean, that genie's out of the bottle. They're in Africa, they're in all South America, the Europeans welcome them with open arms. But this is not about that. This is about defending ourself, peace through strength, and it's peace through economic strength, it's peace through national security. And this whole thing, look, these folks you talk to, I don't know, they're hurting around, is that any other thing? The problem is, since we've gone at it with half measures,
Starting point is 00:21:10 it's actually strengthening communist China's hand in places like Iran. Why? Because they are using the American sanctions, right? What are financial sanctions? Sanctions are like, you can't trade in US dollars if you do X, right? What are financial sanctions? Sanctions are like, you can't trade in US dollars if you do X, right? All right, so if Iran gives weapons
Starting point is 00:21:32 or whatever to the Russians and the Ukraine, it's a sanction, whatever. But the problem is that if you are able to create a yuan-ruble-based currency system, then you don't have to worry about sanctions. And so every time we've imposed sanctions in a half-measured way, it's given Russia, Iran, and communist China the incentive to create
Starting point is 00:22:05 This alternative currency world and right now they're going hard at I mean Brazil and Lula That's like Brazil under Lula is like a colony of the communist Chinese Peru is it very much at risk as well and the reason is what they call the debt trap diplomacy. That's where China will come in and they'll just shower these countries with money in order to get infrastructure in there. And there's so much grief associated with it that the leaders will skim off the top and put their Swiss bags of guys in. You You turn around and next thing, you know, China forecloses on the port in Sri Lanka and now they own it.
Starting point is 00:22:50 And that's like a strategic naval hub. So, I mean, this is a big three-dimensional chess game and we're playing checkers. I want to ask you one more question and then time. I want you, I think you got some thoughts you want to share. So here's a question on this. So in a competitive environment, which we are right now, so in competitive climate that we have,
Starting point is 00:23:12 but it's from ideology, competitive environments, different than capitalism. Capitalism, you're trying to get a market share here, a market share there, region, you know, all this other stuff. Politics is the way you think as well as some resources, right? And they're doing a very good job with getting the right resources, you know Iran, Africa, they're doing the right things from the competitive standpoint. But if if we go back and look at the case study of tariffs, because I am for tariffs in many cases, the part that was for me, a bit strange is China not letting any of our media companies be in China, Facebook, YouTube, all this stuff, but we have to use your stuff here.
Starting point is 00:23:51 That to me is a dumb negotiation tactics. I'll lift the tariffs if you allow all our social media companies in your country, because we got to know what you got going on. And I'm not lifting these tariffs until you do that, because my concern is we need to know what the hell your on. And I'm not lifting these tariffs until you do that because my concern is we need to know what the hell, your people are happy, but not happy, but you can find that about our people, you can go on Facebook and see all these videos with George Floyd, the video, it's oh my god, look what's going on in the USA,
Starting point is 00:24:16 look what's going on in the streets, look what's going on with Antifa, look what's going on with them, great, you have that access to all that data, we don't have access to all that data. So I do think we have to use tariffs in a way for us to get more citizen journalism in China for us to say, that's how you treat people, we're not for it.
Starting point is 00:24:33 That's how you do this, we're not for it. And then we can get more common sense freedom of speech, freedom of assembly, freedom of idea, freedom of all this stuff, being injected in China and then the Chinese people are gonna say, like, we don't like the way you're doing this, we got a kind of change. So I think the social media pushing
Starting point is 00:24:49 and our media being in China will be my number one thing. That's me. Then the other part is we're giving you all this money, we're not getting it in return, you're winning from us. Now you got 80% of chips. All our ACs are pretty much being made in your country when COVID happened, you shut down your manufacturing.
Starting point is 00:25:03 We can do anything with cars, car prices went up 45%, 60%. You know, the average car payment today in US went from four years ago, being $550 to 917 a month when the income hasn't really increased dramatically. That's a massive increase on what's going on. So Americans are now feeling it, but there's But this is the question. How does one, based on the years that you were with, President Trump, what did you learn for the next people that are going to come in, and maybe if Trump goes in, or maybe another person is in the White House, and it's not Biden's camp, because you say you have security clearance, Hunter Biden has a kind of clearance you don't even have, and it's a kind of clearance. It's called a very clear and and you don't have that kind of clear I know I know you're very excited about your clearance But his clearance is more effective than yours because he's able to make off money off that clearance and you cannot
Starting point is 00:25:55 Although you look nice said by a painting from you. That's yeah, you look like an artist. That's a good point But but but going back to it. So imagine I paint left-handed by the way Just the other part of my brain power So much the better so whoever the next administration is gonna be yeah So whoever the next Peter Navarro of Trump's administration is gonna be or a Decentive administration is gonna be whoever the next person is gonna be how would you use tariffs and Learned from mistakes and things that we did right So if we had another shot at negotiating with these guys, what would we be asking for?
Starting point is 00:26:27 And where's the pain point with them? Well, they'll move. Yeah, well, well, first of all, I think the best ticket is Trump DeSantis, where DeSantis does VP for four years and then gets eight more years. And I wish that they can come to some kind of agreement on that.
Starting point is 00:26:44 And I wrote about that in my Taking Back Trump's America book and I've urged that publicly. Okay, so to your question, let's first of all be careful about using tariffs as a bargaining chip. For example, China loves that, right? They're very transactional. So, you could imagine a discussion now with Xi Jinping and Joe Biden. Hey, hey, she says to Biden, you get rid of the tariffs on us and we won't sell weapons
Starting point is 00:27:18 to Russia. Okay, wait a minute. Wait a minute. That leaves us no better off in terms of the economy than when we started. Let's understand the function of tariffs. What we have in this world, writ large, and it's just not, you mentioned Germany, but in its Europe, it's Brazil, it's India, it's Vietnam, we have a world in which virtually all of the major trading partners charge systematically higher tariffs on the United States than we charge on them. So I
Starting point is 00:27:56 just had a chapter come out in a book that the Heritage Foundation did, which is what are the policies for 2024 for the presidential candidates? And in that I Dusted off from the president's state of the Union speech. I think it was in 2019 the reciprocal trade act All right, the reciprocal trade act simply says that hey will We'll lower our tariffs to yours But if you have higher tariffs than ours and you won't lower yours, then we'll raise those to yours, but if you have higher tariffs than ours and you won't lower yours, then we'll raise those to yours.
Starting point is 00:28:29 You think that's effective? It would be damn effective. You know, it's the highest tariffs in the world relative to us. India. Call it the Maharaja of tariffs. But having said that, the function of tariffs is basically the offset unfair trade advantage. Okay? Countries in the world, the engage in exports subsidies, the VAT tax versus the income tax, the VAT tax is like a form of an export subsidy that makes it very difficult. China
Starting point is 00:29:00 has massive government subsidies, they steal our intellectual property, they force our technology transfer. All that, the whole function of the tariff is the level of playing field for the American worker. Now, the American worker is the most productive in the world and can compete on a level playing field, but not when other countries cheat. Now, he said all of that with communist China China, it's gotta be decoupling. There's no, there's no modus vivendi with communist China. They wanna kill us. They want this country. And, you know, they are,
Starting point is 00:29:37 and every which way till Sunday, you know, they inundate our universities with sons and daughters of the Chinese Communist Party. They push our kids out and while they're there, they're wrangled by these Chinese secret police so they don't go off the reservation. And what are they, therefore,
Starting point is 00:29:58 to steal our intellectual property? So, it's just, we are so naive. I remember back when I got started on all this, I used to go out and do a lot of public speaking to corporate audience before I got canceled. That's all another issue. And I go talk to these trade groups and these guys would come up and they'd grown men and tears saying, hey, I went over with this great design to have it produced in China. And by the time I got home, it was in the Walmart under their brand. No, it's like, yeah, well, how stupid is that, right? It's like, you just, they're playing a different game.
Starting point is 00:30:44 I mean, there's no morals, there's no ethics, they're playing a different game. I mean there's no there's no morals, there's no ethics, there's no rules of capitalism. It's just crush us anyway they can't. So why would you trade with these people? Why would you do that? There's no reason right now to trade with China. I mean we need they've got us you know penicillin We need that there's certain things we're gonna need for a while But that tells you in and of itself you need to get off that so can I ask a question on so this whole concept of decoupling right so when Pat kind of
Starting point is 00:31:17 Edified you at the beginning you were a Democrat Reagan Democrat Trump Republican you It seems like your allegiance is straight up to America. That's it. America. Boom. I'm with you. I've got it. You know, one of the probably the biggest things that I've learned since being at value
Starting point is 00:31:33 attainment my three year anniversary is coming up, by the way. Yeah. Congratulations. Thank you. General Spalding, everything that we've learned from that is really the serious threat that China is posing to America, right? So in the subcoming election, you know, well, you know, it's the economy's stupid, it's healthcare, it's immigration, it's guns,
Starting point is 00:31:51 it's abortion, it's gun control, there's so many different lists of things that are going on. Yeah. Obviously China should be at the top of most people's lists. Two-par question, where should China be in this list of things that people should be considering in the election? And then part two, if you could, who's against decoupling
Starting point is 00:32:11 at this point? Who are the most vocal advocates of basic, you say, no, let's continue our relationship with China. Could you explain? Well, yeah. So, so first of all, the Democrats are going to want to run this issue on abortion, full stop. That's it. That's it. They arguably won the 22, they cut their losses dramatically in the 2022 race by making MAGA a four-letter word and by running on on Roe v. Wade. Yeah, I've written about this where it's like, look, the Supreme Court's not supposed to be political, but that's
Starting point is 00:32:53 a conservative majority. How stupid are they dropping that decision? Basically, in the middle of that election, dobs the city i mean it was just come on yeah it's just i you know i mean come on and and and so they're gonna try to run that playbook again that's what they're gonna do and and they're not gonna talk about communist shia there's just not and and they're gonna talk about russia russia russia and and you know it's a whole mother question is what the hell are we doing over there?
Starting point is 00:33:25 We're moving up the escalatory ladder. But for me, what President Trump needs to run on is mega. The iron triangle I talked about, the end of endless wars, which has implications for Ukraine. We got an invasion on our southern border, and we're a long way from having a strong manufacturing base. Will that happen? I don't think so, but that's what's going to make the American
Starting point is 00:33:53 people safe and prosperous. And right now, we're not in our political system now. It's just political system now is it's just it's just broken i mean look at look at my situation i'm sure you'll talk about it but that like i got put in legguards by the fbi after being taken down at the friggin ragan national airport on my way to do an interview with my occupying what not my way to Brazil to flee anything. It was like, they're charging me with a misdemeanor. One phone call they could have called me up.
Starting point is 00:34:31 They put in ban and trying to put ban in in prison. They're raiding more logo. They got hundreds of people locked in DC prison cells from the Jan 6th thing, which more and more looks like an FBI informant kind of motivated kind of event, kind of an entrapment scheme. Meanwhile, Hunter Biden is going free and everybody who is involved in the Russia hoax dating back to 2016 on the Democrat side goes free and everybody in between that that is a broken partisan weaponized
Starting point is 00:35:07 system, but they got their playbook down. They're going to go in and do what they did in 2020. They're going to I call it the grand stuff, the ballot box strategy. I mean, just still do its essence. It's you you you stuff that ballot box with absentee ballots. At the same time, you take away things like signature match. So you don't know whether those ballots are valid or not. And you just overwhelm a Republican party, which is too friggin stupid to understand that if you rely on game day voting, you're gonna have a lower turnout.
Starting point is 00:35:44 Cause things happen. Parents have sick kids or they have to go to work or whatever. So this system, this political system, which should be focused on China, but is going to focus instead on things like Russia and abortion, is going to, you gonna, my greatest fear is that we're gonna lose the one last opportunity we have to save this country. And that's not dramatic, that's not hyperbole. It's just, I mean, I've seen it. I mean, I've lived this thing.
Starting point is 00:36:16 We're in a stagflationary 1970s environment threatened by communist China. And, you know, it's like Nobody's paying any attention to that except the show Let me let me and I appreciate who knows to that. Yes. Thank you. Thank you for that I'm Peter question for you. That was a question you asked there Adam to go into that direction I want I want to wrap up the conversation about tariffs. I really want to understand this tariffs Sure and and what it does do you think how much how long do we put those strong sanctions and tariffs on Iran? What was the timeline of that?
Starting point is 00:36:49 Well, it's still on. Okay. And is it still on? The tariffs are relevant to Iran. It's more just the financial sanctions on oil, right? And the thing you have to understand about financial sanctions in oil is oil is priced in US dollars and As long as oil is priced in US dollars Iran can be hurt by that but the problem now is we've got the Saudis flirting with the commas Chinese
Starting point is 00:37:19 and the green to trade in you one which is the Chinese currency. And that provides an opening for Iran and the Middle East. If we stop trading worldwide oil in dollars, that has its own implication. Do you think the sanctions and the tariffs that we had on China, on Russia, on Iran, all these that we had? Do you think that unified them? Because they all, okay, so Russia, China, Iran, Saudi, and even maybe Brazil, they're all looking at saying, I'll give you an example, because I thought you were going in a slightly different direction.
Starting point is 00:37:59 It's like when Rocket Man in North Korea was giving us such a friggin' hard time and the boss wanted to bring Rocket Man under control, we slapped sanctions on them and told the Communist Chinese, you know, like, don't be given them oil and anything like that. Otherwise, we're sanctioning you. We didn't enforce that stuff. And we could see it. You talk about, I mean, I can tell you something from the top secret
Starting point is 00:38:28 briefings because it wound up in the New York Times eventually. You could see like these ships that would go out, Chinese would send it to Vietnam, the tankers would go out in the middle of the ocean, and then they'd switch them and then off that oil would find its way to North Korea to heat the palace of Kim Jung-un, well, people in North Korea starve and freeze. But the point is that unless those sanctions are hard and tight, like a no one Ryan fastball, all you've done is create this alternative currency monster, which is where we're heading now, sir. Okay, so we can skip that part because in my own mind, I just kind of wanted to know
Starting point is 00:39:16 that some of those tariffs may be unified our enemies and now they got stronger and they're realizing, you know what, here's how we're gonna deal with the... Not the tariffs, the sanctions, sure. That's a separate matter to totally separate matter terrors what's more painful uh... well depends on the country for iran
Starting point is 00:39:34 clearly financial sanctions right because they don't they don't trade a lot in other goods right when did they remove when we they they they're still on there's still a lot of that is some form of sanctions still on iran with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with with ron i mean com is shine is at the at the top i think iran is more dangerous than russia far more dangerous because you did it basically we went in
Starting point is 00:40:15 with a stupid endless war in iraq and now iran basically controls iraq dangerous in what regard to the world to u.s. absolutely because they want to kill the Great Satan. I mean, there's no question about Iran wanting to take down the United States. I mean, go back to Cominese statements about the Great Satan America, right? And they're basically a breeding ground for... What I fear from China is not nuclear weapons. Right?
Starting point is 00:40:50 Now that's the way they're going to do it. They're going to do it through this unrestricted war-fect techniques. Blockchain technology disrupts their financial system. Viruses to take out our electric grid and other types of uh... capacity uh... and we haven't even talked about that the wuhan virus actually actual viruses yeah i mean uh... look they learn boy did did did the the dangerous lesson from what com is china spawned in that lab and it
Starting point is 00:41:22 came from that lab is that the American democracy seems extremely more vulnerable to disruption by viruses than other countries. We just at the end of the day, you look in that you could quarterback this we just did not handle that Properly and we were lied to I mean I'd go off on Fauci for I mean, I don't know if you read read my my last book that the taking back Trump's America But there's a scene in the situation room where I first meet Tony Fauci on January 28th 2020 now. Let's frame that right January 28th 26th 24 before all the shutdown seven weeks before I didn't just took off. Yes, we'll sworn in eight days of prior
Starting point is 00:42:15 No, no, no, no, no, no, no, no, no, this is a your prior today January 20th 2020 2020 2020 This is January of the election year. Yeah, 10 months before the election itself. This is the year before I can come in. This is the virus that would take down Trump. Okay. Okay. So I'm there. I wrote, yeah, check this out. 20, 2006 in the coming China wars.
Starting point is 00:42:41 I write that China is likely to create a virus that will kill millions. 2006. So when that stuff started coming in over the cable traffic, I'm looking at that in December and it's like my antennae up, right? And the boss sends me to the sit room on the 28th and he says, give me the travel ban on China. We gotta do that. And those people in that room are against it. You know, it was Mulvaney running the room. He was a cheap, acting chief of staff.
Starting point is 00:43:15 Big Mulvaney at the time. The Republican chief of staff. Yes, he's chairing that meeting. I walk in there. I don't know any of these people from outside the White House, right? So who's that red? Redfield from CDC and Fauci from NIH, right? Those were the two big players. I go in there and within six minutes, I'm in a shouting match with that son of a bitch.
Starting point is 00:43:46 And all he keeps saying is that with Fauci, I don't know who he is. Literally, I didn't know who he was, didn't know he walked on water, didn't know he killed tens of thousands of people during the AIDS epidemic and got away with that's another story. Don't know who he is. But you know, it's like, it's like somebody walks in here and sits down here. You don't know who he is and you start interviewing. What do you do? You take their measure, right?
Starting point is 00:44:11 And my measure of Fauci was, this dude thinks he's a whole lot smarter than he is and he's an arrogant son of a bitch. This is within the first six minutes. Six minutes. Sounds like a Tony O'Brien interview. And I'm, you know, one of the things I'm good at is taking the measure of people pretty quick. Boss is good at that too, Trump.
Starting point is 00:44:32 And I'm thinking, what? And so I fight with this guy. Well. Movani, I'm fighting with him. Redfield comes in and supports Fauci. And we lead that meeting with Mulvaney tries to say, all right, we have a consensus we're against the trail, but I said, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no consensus in this room.
Starting point is 00:44:56 And Pondger finally says something. He's a natural security council. And what I do that night, as I go home and I write a memo That I that I'm gonna plaster to the entire task force and broad chain that says that if we don't do this If we don't do this this virus is capable of killing Half a million Americans and cost in this trillions of dollars January 28, 2020. And that's about the best memo I've probably ever written, because it was spied on.
Starting point is 00:45:32 And here's the punch line. Fauci, when he was sitting there, that SOB knew, for a fact, that that virus came from the Wuhan lab. He knew that because he came from the Wuhan lab. He knew that because he had funded the gain of function research in that lab and he had already begun to design a cover-up. And we know that from the emails he sent to a group of researchers, academics, trying
Starting point is 00:46:01 to get their support to push that come from nature theory. And that's the biggest lie of omission in American history, because if he had simply owned up to the fact that that thing came from the lab, we could have pressured the Chinese to give us the genome sequence, which would have allowed us to design an effective vaccine rather than the crap we wound up getting. And again, Trump got lied to about that, not just by Fauci, but by Pfizer, the drug company.
Starting point is 00:46:37 And what would? They didn't disclose the side effects of that. And they weren't clear with him. They made him think that it was a true vaccine when it's not. It's MRNA technology. And, you know, I worked with a guy named Dr. Robert Malone. He had him on the show sometime. He's... We had him. Yeah, yeah. It's like the way... I mean, Malone was out there beforehand, but but I had them on Steve banners war room when I was guest host
Starting point is 00:47:08 And he sat kind of like like you and me are sitting Patrick And we talked about all this and wound up writing a three-part series in the Washington Times about how the universal Vax policy would basically spawn mutations that would be more lethal. Oh, you don't have to get too much in that. My point is that, is that that day, that January 28th day was a very significant one overlooked in the history of the pandemic and in American history. Because Fauci was there, he opposed the president's travel ban.
Starting point is 00:47:46 He lied to the American people by not disclosing right then what should have been his, even if he didn't know that it came from the lab, he should have told us it might have come from the lab. And because he didn't do that, we didn't get the genome, we didn't get a thing. And Fauci goes on at six sticks six a night from the back Of the president throughout that election cycle I told the boss to fire that so be twice and what is why say when you told him well the problem was I was the lone voice and I don't blame him for not taking my advice in that
Starting point is 00:48:22 You know, I'm like what I'm like the trade advisor, right? And he had like every time Fouchy got into political trouble with Trump, Redfield, CDC, Steve Hahn, the head of the FDA, Azar, the head of the Health and Human Services, come to his rescue. um... a's are the head of the uh... helping human services come to his rescue

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