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Yes, Free Speech Protects Steve Bannon's Right to Criticize Trump

What’s going on?

It’s Bannon vs. the Trumps, Part II. President Donald Trump’s lawyers have sent former White House adviser Steve Bannon a cease and desist letter claiming that Bannon is violating a “confidentiality and non-disparagement agreement” by communicating with an author for a new book about the early days of the Trump administration.

I’m still catching up …

On Wednesday, New York Magazine published an excerpt of a book that promises to be a bombshell portrayal of Trump campaign officials and the transition team: Michael Wolff’s Fire and Fury: Inside the Trump White House.

Trump responded by unloading on Bannon, who is quoted in the book with less-than-flattering comments about the Trump family.

“When he was fired, he not only lost his job, he lost his mind,” Trump said in a statement. “Now that he is on his own, Steve is learning that winning isn’t as easy as I make it look.”

Does Trump have a case?

Not really. No one can be told to “cease and desist” saying bad things about the government, so free speech should protect anyone’s right to criticize the U.S president.

Pat and Jeffy talked about the latest update to the Bannon saga on today’s show, pointing out that the First Amendment leaves Trump and his lawyers without a case.

“There’s no way you can stop Steve Bannon from saying things that Donald Trump and his family don’t like,” Pat said.

This article provided courtesy of TheBlaze.

PAT: It's been a fascinating 24 hours or so since the Steve Bannon discussion began.

And the Steve Bannon versus Donald Trump battle began. Lawyers on behalf of President Trump sent a letter yesterday -- or, last night to former White House chief strategist Stephen Bannon to demanding he refrain from making disparaging comments against the president and his family.

Can a president demand that people don't make disparaging comments against him? Is that even a thing in the United States?

JEFFY: It is now.

PAT: I hope it's not. Wait a minute. You can't tell me not to say bad things about the president. I have to do it within certain, I can't threaten obviously.

JEFFY: Right.

PAT: But you can say virtually anything you want, other than that. How do you -- how do you send a cease and desist against saying mean things about the president? You can't do that.

JEFFY: We'll see, won't we?

PAT: I guess we will.

JEFFY: We will see. Because you're right. No question about it. However, we'll see what happens.

PAT: We'll see.

JEFFY: Obviously the --

PAT: My guess, it's still America in that way.

JEFFY: Yeah, there's no way that can stand. There's no way that can stand.

PAT: There's no way you can stop Steve Bannon from saying things Donald Trump and his family don't like.

JEFFY: Yeah, and, look, he's already backed up a little bit last night, where he seems like he wants the kids more than he wants Donald.

PAT: Yeah, he actually -- I guess it's his show -- is it his show?

JEFFY: It's Breitbart News on Sirius XM.

PAT: Okay. So on Sirius XM, he was actually saying good things about the president.

JEFFY: Yeah. So, you know, okay.

PAT: He seems to -- yes, you're right. His target here is Donald Jr. For whatever reason.

JEFFY: Hey, and good luck. That's a fine line to walk with President Trump, with dad.

PAT: You can't walk that line. You can't. You go after -- I think going after his children is just like going after him. And I don't blame him for that. I would be the same way. So Donald Trump has obviously not taken kindly to this Steve Bannon news. To him speaking --

JEFFY: I know.

PAT: -- Michael Wolff in this new book. It will be interesting when this thing actually comes out. Is it Tuesday? Next Tuesday? That's usually when they come out.

JEFFY: You bring someone into your house. And then not long after that they turn around and start throwing knives at you. He's got a little -- got a little point to be pissed.

PAT: Yeah, it would be upsetting. It would be upsetting.

But Trump has always kind of dismissed Bannon ever since he left. Ever since he was out of the picture, out of the administration, away from the campaign, Trump has always kind of said, yeah, he came in afterwards. He had nothing to do with my winning. I had already won. And he had very little to say about anything. It's a different story when you listen to Steve Bannon.

JEFFY: Yes, it is.

PAT: And so there's been an interesting -- yesterday, on my show, Pat Gray Unleashed, which immediately follows this on TheBlaze TV and Radio Network, I said I expected a lot of tweets from the president about Steve Bannon last night. We gave the over under at five, and I said it would be over. It would be over five tweets. He hasn't tweeted at all, I don't think. Don Jr. has. And I think his count is five or six.

JEFFY: No.

Yeah. Don is like, look, he's squandered the privilege of working with the White House and serving the country. Turned it into a backstabbing, harassing, leaking, lying, undermining the president. He's not a strategist. He's an opportunist.

PAT: Yeah. That seems to be their thing, that he's not a strategist, he's an opportunist. And he didn't help them at all. He was just looking for an opportunity for power.

JEFFY: And that would bode well with President Trump saying he came in after I already won.

PAT: Yes. It fits -- it fits that narrative.

JEFFY: Yes, it does.

PAT: And fits it well.

Now, there's an interview from one of Donald Trump's advisers, Sam Nunberg, who is a former Trump adviser. And he was on with S.E. Cupp. And he had some interesting things to say about this upcoming book about Wolff, in that he mainly admits it's true.

VOICE: So you're quoted a number of times. And at one point, Wolff says, Trump told you that he can be, quote, the most famous man in the world.

The quote reads: As the campaign came to an end, Trump himself was saying, when his ultimate goal after all had never been to win, I can now be the most famous man in the world. He apparently told you.

Is that true? Did he tell you that he didn't plan to win?

SAM: No, it's not. What I was telling Michael was a story that in 2014, I was flying down with then Mr. Trump to New Orleans for the Southern Republican Leadership Conference, and we were discussing his run. And he had already told me he was planning on running. And what I said to him was, 100 years from now, nobody is going to remember if you don't win the primary or the presidency, who ran.

Frankly, nobody was going to remember who was the president. But I'll tell you what, 100 years from now, when they're covering you, they're not going to be able to write that you didn't run. They're not going to be able to say you were a perennial tease. And the one thing I can guarantee you is that you will come out well out of this. I can't guarantee you, you'll win the nomination. That's very hard to do.

VOICE: So did he say, I'm going to be famous and I don't need to win any -- was any of that true?

SAM: What he did say -- what the president did say was, I won't come out badly out of this. I won't come out badly. He kept repeating that to me. And no matter, we'll have fun.

PAT: Isn't it?

SAM: And what I find with Michael -- and with the quotes -- and I sat with Michael at least three times from my recollection. Is Michael takes the quotes, and he puts them as direct quotes.

But they're really paraphrasing what I said, and how I explained it.

With that said, I'm not criticizing Michael at all.

VOICE: Oh, okay. Well, another excerpt --

PAT: Kind of wants to have it both ways, doesn't he?

JEFFY: Yes.

VOICE: -- when you were trying to explain the Constitution to then candidate Trump, Wolff writes, quote, early in the campaign, Sam Nunberg was sent to explain the Constitution to the candidate. Quote, I got as far as the Fourth Amendment, Nunberg recalled, before his finger is pulling down on his lip and his eyes are rolling back in his head. Did that happen?

SAM: Well, not exactly. What happened was it was a week and a half before the first debate. And what I was worried about was that somebody would attack then Mr. Trump and ask him some gotcha question. What is your favorite case about the Supreme Court? Who is your favorite justice? Something like that. Just to try to make him look as if he doesn't know policy. One thing Trump always told me and I was wrong about, was that the campaign would be about big issues, be about big communication, be about explaining simple common sense solutions.

So when I brought this page -- and I made it like a crib sheet. Maybe a page and a half, we got to around the Fourth or Fifth Amendment, to which he then just started saying, "Look, I have to do work." And at the time he was running for president and still running his organization. So once again, Michael kind of takes it out of context, but, yes, something similar to that happened.

JEFFY: I got work to do.

PAT: But, yes, something similar to that happened.

Okay. So something similar. Sort of what he's saying here, it seems to me, is that the spirit of what is in the book is true, not necessarily the word-for-word quotes he seems to say.

But she continues to push him a little but further.

VOICE: You read the excerpts. You were there. On the whole, how accurate a picture do you think they paint of the Trump campaign?

SAM: Well, I think it was pretty accurate from what I understand towards the end. Remember, I wasn't involved with the campaign at all after September of 2015. I don't think they expected to win, so when they start with Kellyanne, you know, just going around and blaming Reince earlier in the day -- that certainly happened. She did that on Twitter.

And I think that the president himself, one thing that I had heard from numerous people, not only Steve, but others in the campaign, for instance, that story about Mnuchin coming on the plane and having to get the wire transfer immediately when then candidate Trump promised to give the 10 million. That is 100 percent accurate. I don't think he thought he was going to win, until the end, when he told a confidant of his, Roger Stone, he said, look, it's trending my way. And it was. So his last four days, five days, I think he saw something there. And if you remember, he outcampaigned her. And he concentrated on certain states, and he pulled those states out. States that --

VOICE: Oh, yeah. I was there. I know how it happened. I'm just wondering if you're willing to say that this book is like rated. True? Half true? Mostly true? Some true?

SAM: I would rate it half true on the specific examples.

VOICE: Okay.

SAM: Mostly true overall that I don't think --

VOICE: Like on the gist?

SAM: On the gist of it, I would say mostly true. I do not think the president the he was going to win the campaign.

PAT: Interesting.

JEFFY: Wow.

PAT: And that seems to be kind of a common theme from people in and around the campaign was that he never thought he was going to win. And some have claimed that he didn't want to.

JEFFY: Yeah, he was just there for the ride.

PAT: Pretty interesting. As far as specific quotes that are in this book, they're not entirely accurate. But the gist of what he's saying, the spirit of the message, he says, is -- is mostly true.

JEFFY: Okay.

PAT: That's going to be interesting to see. When the book comes out and you get the full context of what they're saying about it, we'll see. We'll see what happens.

RADIO

Has THIS Islamist organization BROKEN state laws for YEARS?!

A new report accuses CAIR Action, the political arm of the Council on American-Islamic Relations, of breaking state laws with its political activism. Glenn Beck reviews this story...

Transcript

Below is a rush transcript that may contain errors

GLENN: So let me go over what is -- what's happening with -- with CAIR.

You know, the Founding Fathers were obsessed over accountability.

Because they knew one thing. You know, they did. They must get suggestions from people on, you know, through tweets. They studied every single system of government.

Every single republic that survived. That didn't survive.

Why didn't it survive?

They studied all forms of government. They were trying to come up with something that could -- could set people free.

And they -- they worked really hard on putting our checks and balances in place, because they knew, once power slips into the shadows. They knew, once power slips into the shadows, once influence becomes unmoored from law, what rises is not a republic.

It's a machine. And that's what you're seeing right now. We're not living in a republic. We're living in a machine.

We -- I think we're staring at one of the largest unregulated political machines operating in the United States ever! Okay.

There have been a couple of groups that are doing sweeping investigations, two watchdog groups. One of them is NCRI and the Intelligent Advocacy Network.

And they have concluded now that the political arm of CAIR, he known as CAIR action, has been operating nationwide with no legal authority, to do the things it has been doing for years now.

They're not allowed to raise money. They've been raising money. Coordinating political campaigns.

Not allowed to do it. Endorsing candidates. Not allowed to do it, they're doing it. Mobilizing voters, shaping policy, functioning as a national advocacy network.

They don't have the legal authority to do any of it. And no one has said anything.

Now, according to the report, CAIR action doesn't just have a paperwork problem.

Investigators found, state by state, that it lacks the license, the registrations. The charitable authorizations, required to legally solicit money.

Excuse me. Or conduct political activity, in any of the 22 states in which it operates. Think of that!

I know how serious this is, because I remember what it took to get the license in each and every state, for Mercury One.

So we could operate. We could raise money. We could do things in those states. It's a lot of work. And if you don't do it, you go to jail. And they find out pretty quickly.

Okay?

22 states, they operate not one, zero legal authorization.

In Washington, DC, the city where CAIR action is incorporated, the department of licensing and consumer protection told investigators, they have no record of CAIR action ever obtaining the basic business license required to solicit funds or to operate.

Imagine how long would you last in business, especially if you were controversial.

How long would you remain in business, if you never had a business license?

You think somebody would figure that out?

In a sooner time than I don't know. A couple of decades!

This report means, that the organization if true, is engaging in unlicensed inner state solicitation.

It has exposed itself to allegations as serious as deceptive solicitation. Wire fraud and false statements to the IRS. These are big things.

And this is not political rhetoric.

Are these phrases written in black and white. In the law.

And by investigators. In California, one of CAIR's most active hubs. The state attorney general has said, the state attorney general of California has said, same pattern here!

The state of California, to say, yep. That's what's happening here.

CAIR action has never registered with California's charitable registry.

Never filed the required CT1 form. And has no authorization whatsoever to request donations. But they've been doing it in California anyway.

Fundraising, selling memberships. Issuing endorsements. Mobilizing voters. All of that has been done by CAIR action. There's no record of any license. Any permission, ever. Going to CAIR. From California. That's according to their attorney general.

Wow!

That's pretty remarkable, huh? How does that happen?

It's not just the coast. It is also happening to the Midwest, the South, the Mountain West. Every state hosting its own CAIR action fundraising page, complete with the donate now and become a member portal, despite no trace of the legal filings required to operate. That's bad!

Now, here's where the stakes rise.

Because CAIR action presents itself openly, as the political arm of CAIR National.

Investigators are now warning that any unauthorized fundraising or political activity.

Could become CAIR's national responsibility as well.

So, in other words, the parent, CAIR itself, might be held responsible.

Meaning, this is want just a rogue subdivision.

This could implicate the entire National Organization of CAIR.

Now, this is happening at the same time it's coming under national scrutiny. It's also Texas.

And I think Florida have designated the group a foreign terrorist organization. Members of Congress are now asking the IRS, the Treasury, the Department of Education to investigate all of its partnerships, all of its financing, all of its influence operations. I mean, I think they're going to be in trouble.

How long have we been saying this?

But every time, I have pointed out anything about CAIR, I have been called an Islamophobe, which shuts everything down. That is a word, developed by people like CAIR, to shut people down, so you'll never look into them.

So what happens next?

First of all, the reports have to hold up.

Regulators now have an obligation. Not a choice. An obligation to act!

State attorneys general in these 22 states, they might pursue fines, injunctions, criminal referrals.

All of them need to take action!

The IRS, needs to take action. Investigate tax exempt fraud. Treasury Department may review foreign influence or money flow violations.

Anything coming from overseas.

Oh, I can't imagine it. They're so buttoned up, right now.

DC regulators may determine whether CAIR actions entire fundraising operation has been unlawful from the beginning.

But here's the deeper question. And it's not bureaucratic. This one is constitutional.

Can the United States tolerate an influence machine, that operates outside of the legal framework, designed to prevent corruption, foreign leverage, and untraceable money?

If I hear one more time, talking about how AIPAC has just got to be investigated. Fine. Investigate.

I'm not against it.

Investigate.

Why aren't you saying anything about CAIR?

It feels like it might be a tool in the hands of a foreign operation.

Why aren't you saying anything about this?

Because here it is! It's not like, hey. I wonder why.

This is it! This is it! This isn't about silencing CAIR. Muslim Americans are -- that are full citizens, they have every right to speak. Every right to vote. Every right to organize. Participate in public life. No question! They can disagree with me, all they want.

But no organization. None! Not mine. Not yours. Not theirs. None. Should operate a nationwide political network, in the shadows and be immune from all of the guardrails that every other group must follow!

That's called a fourth branch of government!

That's how a fourth branch goes.

By the way, CAIR has placed all kinds of people in our Department of Homeland Security. Et cetera, et cetera. This organization has done it!

This is -- you cannot have a fourth branch of government.

They must abide by the laws.

No -- you can't have a branch that nobody elected. Nobody oversees.

Nobody holds accountable.

We talked about this yesterday, on yesterday's podcast. So what needs to happen is total transparency. CAIR action has to release its filings. Its donor structure. Its compliance records, if they exist. Equal enforcement under the law. I don't want them prosecuted in special ways.

Look, if AIPAC is doing the same thing. AIPAC should be prosecuted exactly the same way.
I want it equal. I want constitutional rule.

If conservatives, if Catholics, pro-Israel, environmental, Second Amendment groups, if they have to comply by the state law, so does CAIR action.

And if CAIR action has to do it, so do the Second Amendment groups and environmentalists, and pro-Israel and conservative groups. The law cannot be selective. It can't be!

I don't know how that's controversial in today's world. But somehow or another, they will find a way.

The Feds have to review all of this. If the report is accurate, the IRS and the Treasury have to determine whether false statements or unlicensed interstate solicitations have occurred.

Americans deserve to know what exactly, who is influencing our elections. Who is shaping our policy? Who is raising money in their state?

Especially physical the organization claims political authority, that it doesn't legally possess.

Because history will teach us one unchanging lesson. When a republic stops enforcing its own laws, someone else will always step in to fill that vacuum because power abhors a vacuum!

Unregulated, political power abhors a free people. So while it's about CAIR, it's not about Muslim Americans. It's not about religion.

As always, at least on this program, we try to make it about the rule of law.

One standard for everyone or no standard at all!

And that more than anything, will determine whether or not our institutions remain worthy of the freedom and responsibility that we have entrusted to them.

TV

Glenn Beck WARNS Democrats Will Return with VENGEANCE in 2026 | Glenn TV | Ep 473

America is entering a year of historic upheaval from Charlie Kirk’s assassination and the spiritual shock that followed, to Trump’s tariff revolution, China’s rare-earth war, collapsing energy grids, AI displacement, and the looming fights over Taiwan and Venezuela. Glenn sits down with BlazeTV hosts ‪@deaceshow‬ and ‪@lizwheeler‬ along with his head researcher Jason Buttrill, to break down the biggest stories of 2025. Plus, they each give their most explosive prediction for 2026 that could shape our politics, economy, national security, and civil rights in ways Americans have never experienced before.

RADIO

Trump Just SHATTERED the “Expert Class” - And the Deep State is in Total Panic

For nearly a century, Washington DC has been ruled by an unelected “expert class” operating as an unconstitutional fourth branch of government — accountable to no one, removable by no president, and shielded from all consequences. Glenn breaks down why Trump’s firing of the Federal Trade Commissioner could finally dismantle the 1935 precedent that empowered technocrats, how Ketanji Brown Jackson exposed the Supreme Court’s embrace of expert rule, and why America cannot survive a government run by people who never face the voters and never pay for their failures.

Transcript

Below is a rush transcript that may contain errors

GLENN: Okay. So President Donald Trump fired the federal trade commissioner Rebecca Slaughter. Federal Trade Commission is an administrative position. I mean, this is under -- the head of the federal trade commission is a cabinet member.

And if the justices uphold Trump's firing of Slaughter, that will overturn a precedent that was horrible, that was set in 1935. Remember, 1935, we're flirting with fascism. You know, everybody thinks. Because they haven't seen the horrors of fascism yet.

Everybody thinks fascism is neat, blah, blah. So what they do is they say that this is an independent person. And the president can't fire them. Because they're, you know, an independent agency.

Well, wait. That would make a fourth branch of government. Our Constitution is really clear.

There is no such thing as a fourth branch of government. Right?

So that's what they're deciding. Now, here is Ketanji Brown Jackson, who is talking about how we really need to listen to the experts. Cut four.

VOICE: Because presidents have accepted that there could be both an understanding of Congress and the presidency. That it is in the best interest of the American people to have certain kinds of issues, handled by experts. Who, and I think you -- in your colloquy, Justice Kagan, have identified the fact that these boards are not only experts, but they're also nonpartisan. So the -- the seats are actually distributed in such a way, that we are presumably eliminating political influence because we're trying to get to science and data and actual facts, related to how these decisions are made.

And so the real risk, I think, of allowing non- -- of allowing these kinds of decisions to be made by the president, of saying, everybody can just be removed when I come in, is that we will get away from those very important policy considerations.

VOICE: We will get away from US policy considerations, and it will create opportunities for all kinds of problems that Congress and prior presidents wanted to avoid, risks that flow inevitably, just given human nature, the realities of the world that we live in.

GLENN: Okay.

Now, remember, what she's saying here is, we have to have experts.

We have to have experts. We have to have experts that don't really answer to anybody. Okay?

They're appointed. And then they're just there. This from a, quote, judicial expert, who cannot define a woman, because she's not a doctor.
She's not a scientist.

She needs an expert to define a woman.
That's how insane her thinking is. Okay?

Now, I would just like to ask the Supreme Court, when you want things run by experts, do you mean things like the State Department, or the counsel of foreign relations, that have gotten us into these endless war wars for 100 years?

Because these are the things that Woodrow Wilson wanted. He wanted the country run by experts.

Okay. So is it like the Council of Foreign Relations, that keep getting us into these endless wars.

Or is it more like the Fed, that directs our fiscal policy, that has driven us into $38 trillion of at the time. We have all powerful banks. That strangely all belong to the fed. And endless bailouts for those banks. Are those the experts that you're talking about?

Or are you talking about the experts that are doctors, that gave the country sterilizations, lobotomies, transgender surgeries. You know, or should we listen to the experts, like the ones that are now speaking in Illinois, to get us death on demand like Canada has, with their MAID assisted suicide, which is now the third largest killer in Canada. MAID, assisted suicide, third largest killer in Canada. Experts are saying, we now need it here, and they're pushing for it in Illinois. Or should we listen to the experts? And I think many of them are the same experts strangely, that brought us COVID. Yeah. That was an expert thing. They were trying to protect us. Because they need to do this for our protection. So direct from the labs in China with the help of the American experts like Fauci. We almost put the world out.

Should we listen to those guys?

Or the experts that brought us masking, and Home Depot is absolutely safe. But Ace Hardware wants to kill grandma. Which are the experts that we want? That we want to make sure that we have in our lives? That they don't answer, or can't be fired by anybody. Because I'm pretty full up on the experts, myself. I don't know.

But you're right. These experts would keep the president in check, and they would keep Congress in check. And you in check!

And the Supreme Court, which would be really great. You know, and you know who else they would keep in check? The people.

So, wow, it seems like we would just be a nation run by experts, and our Constitution would be out the window, because that's a fourth branch!

And if you don't believe me, that, you know, these experts never pay a price. Can you name a single expert?

Give me a name of an expert, that gave us any of the things that I just told you about.

Give me the name. I mean, give me the name of one of them. Give me the name of one of them that went to jail. Give me the name of one expert that has been discredited.

You know, where your name will be mud in this town. Do you know where that came from?

Your name is going to be mud. It's not M-U-D. It's M-U-D-D, that comes from Dr. Samuel Mudd. Okay? He was a docks man. He was an expert. He was that set John Wilkes Booth' broken leg. He made crutches. He let him stay there for a while. He claimed he didn't know him, but he did know him.

In fact, one of the reasons they proved it.

Is because when he pulled the boots off -- when he pulled both of his boots off, right there, in the back, you couldn't have missed it. It said "John Wilkes Booth."

He's like, I have no idea who he was.

Yeah. Well, you knew him in advance. This was a predetermined outpost where he could stay. It's clear you could know him.

The guy was still discredited, we still use his name today. Your name will be mud in this town.

And we think that it's like dirt, mixed with water kind of mud. No, it's M-U-D-D, Dr. Mudd. The expert that was so discredited, went to jail, paid for his part of the assassination of -- of Lincoln.

Give me the name of one of the experts in the last 100 years, that has brought us any of the trials and the tribulations. The things that have almost brought us to our knees. Give me the name of one of them. Can't!

Because once an expert class, they don't answer to anyone. So they never go to jail.

Wow! Doesn't that sound familiar. People never going to jail!

There's a rant that's going around right now, that I did in 2020. And everybody is like, see. He's talking about Pam Bondi.

No, no. I got to play this for you, a little later on in the program. But I want to get to the experts and what the Constitution actually says about that. Because you don't need my opinion. What you need are the actual facts. So you can stand up and say, yeah. I think Ketanji Brown Jackson is an idiot. Okay?

And she's really not an expert on anything. Especially the Constitution. You need the facts, on what the Founders said. Because the Founders would be absolutely against what they did in 1935.

Because that just -- what does it do?

It just sets up a fourth branch of government.

RADIO

EXPLAINED: Why the Warner-Netflix/Paramount Merger is DANGEROUS for All of Us

The biggest media merger in modern history is unfolding, and Glenn Beck warns it’s the most dangerous consolidation of power America has faced in decades. With six corporations already controlling 90% of the nation’s news and entertainment, a Warner-Netflix or Warner-Paramount megacorporation would create an unstoppable information cartel. Glenn exposes how “too big to fail” thinking is repeating itself, how global elites and “experts” are tightening their grip, and why handing our entire cultural narrative to a handful of companies is a direct threat to freedom. The hour is late — and the stakes couldn’t be higher.

Transcript

Below is a rush transcript that may contain errors

GLENN: By the way, it's never good when you consolidate power. It's never good.

And what is going on now, with this Netflix Warner Brothers paramount stuff, I don't care if Larry Ellison is a conservative or not.

No one should have that much power.

I did a show, gosh, four years ago. I don't even remember when I did it.

We looked it up. In the 1980s. 19 percent of American media was owned by over 50 companies.

Forty years later, 90 percent of the media is watched and controlled by six companies.

National Amusements, the Red Stone Family controls CBS, CMT, MTV, Nickelodeon, gaming and internet. Simon & Schuster Books. That's all one.

Disney, ABC, ESPN, History Channel, Marvel, Star Wars, video games and print.

TimeWarner controls CNN, Warner Brothers, HBO, Turner, video games, internet, and print media like TIME. Comcast, MSNBC, NBC.

CNBC, Telemundo, the Internet.

New Corp. Fox. National Geographic. Ton of others. Sony, with a ton of movies, music and more. The big six. They're valued at nearly $500 billion.

Now, this is something I put together five years ago. So I don't even know. This is probably not even valid even today.

And now we're talking about Netflix, Warner Brothers. Paramount, into all of these one giant corporation. It's wrong! It's wrong!

We can't keep putting all -- everything into the hands of just a few! It's what's killing us!

We've got to spread this around. We can't -- the government cannot okay mergers like this.

They're big enough he has

What happened -- what happened when the banks went under, or almost went under in '08. What did they say the problem was?

They said the banks are too big to fail.

Too big to fail.

Because they were providing all of the services, everybody needs. All the time. And there's only a handful of them.

So if they fall, then everything falls.

Right?

That was the problem. So what did we do to fix it?

We made them bigger!

We let them merge with other banks, and gobble up other things!

And started taking on the local banks.

And so now, your banks that were too big to fail. Are now even bigger. And their failure would be even worse!

What is wrong with us?

Seriously, we're not this stupid.

We're not this stupid.

I think we're just this comfortable.

We just think the experts have a plan. No. The experts don't have a plan.

Their plan is stupid. Their plan is to make it bigger.

Every time it fails. Make it bigger. Push it up.

Make it more global.

No. Haven't you seen what the entire world is like?

The entire world is over-leveraged. The entire world is on the edge.

The entire world is being redesigned.
So what do we do? We don't allow them to make things bigger! We need to start taking more individual and local control of things. They're making it bigger. Which will make the problem bigger. And make the problem so big, you won't be able to do anything about it, because all the experts. All of the heads. They'll all -- there will be six of them. And they will all be sitting in one room.

And they will all be making the instigations. And with them, making those decisions will be all the heads of all the countries around the world, that you're not going to have a say in any of that. They're already trying to do it with the WEF.

But if -- if the Supreme Court says, no, experts matter. And the president can't fire them. You will not have any control over anything!


We're at this place, where we can back out. We can turn around.

We can do it.

It's not too late. But the hour is growing very late.

I don't know about you, I don't like being this.

Up to the edge, you know what I mean?

I would rather have lots of breathing room, between me and the edge of the cliff.

But we don't have that anymore.

Everything has to be done right.

And we have to pay attention.

And the worst thing we can do is make things bigger.

Dream big, think small.