Speaking at the 'Liberty Restoration Foundation' inaugural meeting on October 25, 2011 in Orlando, Florida, film-maker, formerBreitbart CEO, and current special Counselor to the President of the United States, Steve Bannon, spoke about the bank bailouts, the Tea Party and Occupy Wall Street, Brexit, and the beginning of a struggle to attack and reform the political establishment.
"You’re gonna be vilified," he said about those who would fight to control federal spending. "Everything from here on in is gonna be hard and nasty and ugly and you’re gonna be called every name in the book."
Bannon has been "vilified," and "called every name in the book."
"If the elites are so good, how did we get in this jam?" he asked.
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"The anger of the Tea Party is not racism, they’re not homophobes, they’re not nativist; what they are is common-sense, practical middle-class people that understand that they’re paying for their own and their children’s destruction," he said in 2011. "Right? And that’s the rage."
"Barack Obama is not the problem," he also said. "Barack Obama is the symptom of the problem."
STEVE BANNON: The system lacks the political courage to actually take it on [the looming federal debt crisis]. The hardest, nastiest days. If you look at Europe, just look what’s happening. Look what happened in the House of Commons yesterday when some conservatives stood up and said, "We’ve had it with Europe. We want out. We want out of this whole mess." And they turned on each other. I said this on Hannity back in February 2010, when he had me — they had a special for Generation Zero, the first time outside The Passion of the Christ they’d ever taken an hour for one movie.
And I said all the easy choices are in back of us. All the easy decisions were years ago. Everything from here on in is gonna be hard and nasty and ugly and you’re gonna be called every name in the book. You’re gonna be vilified...
These are the people that are, as Rick Santelli so brilliantly observed: They’re those who carry the water, not those who drink the water. They’re the ones that hold our social organizations together, build our cities, run our little leagues, fight our wars, right? It’s the backbone of this country. And they’re enraged, and here’s why they’re enraged. They understand we have a system now that has socialism — as you pointed out so eloquently — we have socialism for the very poor, right — a system that, a trillion dollars a year in welfare state benefits with no taxes, right? And sixty percent of the country getting that. And we have socialism for the very wealthy, right?
The anger of the Tea Party is not racism, they’re not homophobes, they’re not nativist; what they are is common-sense, practical middle-class people that understand that they’re paying for their own and their children’s destruction. Right? And that’s the rage.
You know, the bonus pool this year, the bonus pool on Wall Street — of all the financial firms, in 2007, the year before — in 2006 and 2007, the two years where all the transactions that imploded in 2008, the bonus pool is gonna be about the same this year. Right? You know, TARP — if our business, if your business or your business had gotten in trouble and Goldman Sachs, where I was trained, had come in and given you a financing? Trust me, you would have been wiped out and you would have been fired. Right? They weren’t. All their stock is still worth a ton of money because they weren’t. We basically gave them free money and bailed them out.
There’s no recession in the Hamptons. There’s no recession in Georgetown. The other day, the Washington Post reports, five of the seven wealthiest counties in the country are the suburbs of Washington, DC. The per capita income in Washington, DC, for the first time in history, is greater than Silicon Valley. That is not a random event.
What Sarah Palin — the reason I wanted to make the movie — Sarah Palin went up against the political class in Alaska and Big Oil. Because it wasn’t that it was corrupt — there’s always gonna be corruption, there’s always gonna be bad guys taking money. That’s human nature. Read Plutarch; that happened back in Greece and Rome. We have something much worse: a compromised political class. Crony capitalism and a permanent political class, right?
It’s quite simple: how does a guy go to Washington, basically making a hundred thousand dollars a year as a lawyer in some locality, and at the end of ten years, on $165,000 and another 15,000 by federal money he can make, having to keep basically, sometimes, two locations — how is his net worth five million dollars? And in ten years, like Harry Reid, how is Harry Reid’s net worth fifteen million dollars? That’s not even mathematics, that’s just arithmetic. How does that work? That’s what the Tea Party, that’s what this revolt is about.