Episode 4743: CDC Walkouts Over RFK Jr. Firing; Ending The Ukraine War And Preventing War In Iran

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What are the implications of the CDC walkouts over RFK Jr.'s firing?

Stephen K. Bannon 0:02
This is the primal scream of a dying regime. Pray for our enemies, because we're going medieval on these people. I got a free shot on all these networks lying about the people. The people have had a belly full of it. I know you don't like hearing that. I know you've tried to do everything in the world to stop that, but you're not going to stop it. It's going to happen.
Unknown 0:23
And where do people like that go to share the big lie? Mega media. I wish in my soul, I wish that any of these people had a conscience.
Stephen K. Bannon 0:33
Ask yourself, what is my task and what is my purpose? If that answer is to save my country, this country will be saved. War Room. Here's your host, Stephen K. Bannon. Okay, welcome. It's Friday, 29 August, Year of the Lord 2025. Teeing you folks up for the weekend, the Warren Posse, things to think about, put on your agenda. Jim, I know we're pressed for time, so are you. You've got to bounce two quick things. Number one, Ukraine. After President Trump has the chaperones, they go back. It's all a joke. They don't have the manpower, they don't have the arms, they don't have the money, and more importantly, they don't have the political will. Putin and Lavrov is quite dismissive of the Western media, trying to question where they're going.
Stephen K. Bannon 1:20
And Putin and the Russian army are pounding Ukraine relentlessly. At what time – what is going to be the event you're going to look for when – people actually start to talk about Zelensky and this crowd sitting down and either talk about a surrender or just, hey, the war's over. We'll cut a deal and we get what we get because there's not going to be any security guarantees. It's pretty obvious this is not going to happen. Your thoughts, sir?
Jim Rickards 1:47
It'll be the fall of a city called Pokrovsk. Now, Pokrovsk is a medium-sized city. It's not the biggest city in eastern Ukraine, but it is a major logistics hub. Rail, highway, supply depots, et cetera, that Ukraine uses to basically supply their entire from Ukraine's point of view, the Eastern Front and the line of contact. So when that falls in, and people say, yeah, it's a stalemate. It's not a stalemate. The Russians are very methodical. They've spent a year surrounding it, taking every village all the way around it. So there's no way in and no way out. And then they go in for the kill. They'll give them a chance to surrender. But Zelensky says, you've got to fight to the death. And the Russians are like, OK, bring it on.
Jim Rickards 2:25
And so, but that, when that city falls and that's getting set up, the other big battles, you know, And Mariupol in 2022, Bakhmut in 2023, Abdevga in 2024. Here we are in 2025. It's going to be the battle of Pokrovsk. So that'll be the wake-up call. Hey, Steve, if I could just drop a quick footnote on the Fed situation. Sure. Mike Davis gave a high-level, brilliant legal analysis. I'm down in the trenches a little bit more. Sure. Sure. There is a Fed meeting, an FOMC interest rate policy meeting on September 17th. The expectation has always been that they're going to cut rates. They cut rates to the end of 2024. They haven't cut them at all in 2025. And Trump's been banging the table about that. We're set up for a rate cut on September 17th.
Jim Rickards 3:11
What about Lisa Cook?

How is the Ukraine war impacting global politics?

Jim Rickards 3:12
I mean, is she on the board of governors or not? Trump fired her. She's claiming she's still on the board. She's going to be in the room. The Fed punted. They said, we'll abide by the court. So that's a way of doing nothing. They should have sent housekeeping people to clean out her office. So does her vote count? Is there a vacancy? And if she votes for the rate cut and then is subsequently determined that she was fired, does that void the meeting? I mean, this is all unprecedented, by the way. I'm asking these questions, but I want to say this has never happened before. But so that uncertainty factor surrounding whether she is or is not a member of the FOMC and the Board of Governors is now affecting the markets.
Jim Rickards 3:52
And it's one of the reasons gold just hit an all-time high today. It might have backed off a couple of bucks, but it ticked 3501.

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