A Blistering Indictment of Washington’s Elites and a Call to Arms for Trump’s Populist Army

BLUF (Bottom Line Up Front):
Steve Bannon delivered a scorching rebuke of the political establishment on Wednesday, accusing both parties of selling out the working class while President Trump labors tirelessly to restore American sovereignty, security, and economic justice.

Steve Bannon isn’t mincing words.
He’s furious.
And he wants the American people to know precisely why.

In his Wednesday remarks, Bannon painted a picture of a nation betrayed. He slammed the Washington elite—both Democrat and Republican—for abandoning working-class Americans while indulging Wall Street, hedge fund managers, and globalist interests.

He made one thing clear: President Donald J. Trump, now in his current term, is back in command and "getting the job done.”

No excuses. No surrender.

Bannon’s Central Claim:

The American people have suffered under four years of Biden’s leadership.
Bannon calls it an "invasion”—referring to the migrant crisis at the southern border—and a "theft” of sovereignty.
President Trump, he says, reversed this disaster in 60 days.
No politician in modern memory has moved so quickly or decisively, Bannon claims.

Border, War, and the Economy:

Bannon laid out three core missions of the America First agenda:

National Security – Prevent the U.S. from sliding into global wars.

Economic Nationalism – Return industry and jobs to American soil.

Sovereignty – Seal the border and stop illegal immigration.

He credited Trump with avoiding a broader kinetic conflict—"World War III”—while simultaneously halting the flow of illegal migrants and foreign criminal networks.
In his view, Biden created the mess, and Trump is cleaning it up.

Inflation Was Not an Accident

Bannon didn’t let Biden off the hook for the economy either.
He blasted the so-called “Inflation Reduction Act” as a disaster.
He and Peter Navarro, Trump’s former trade advisor, predicted that the flood of stimulus money would spark massive inflation.
They were right, he claims—and working-class Americans paid the price.

Tax Cuts for Workers, Not the Wealthy

Bannon demanded the largest tax cut in American history for the working and middle class.
His plan?
Extend the 2017 Trump tax cuts, then go further:

No taxes on tips

No taxes on overtime

No taxes on Social Security benefits

This, he argued, would truly empower the working class.
He dismissed claims that these ideas are politically unworkable.
"The math only works if you stop coddling the rich,” he said.

Carried Interest: A Wall Street Scam

Then came his most brutal attack.
Bannon slammed the "Lords of Easy Money” who dodge taxes through "carried interest” loopholes.
These hedge fund managers, he said, pay capital gains tax on what should be regular income.
Meanwhile, everyday Americans are stuck with marginal tax rates.
"It’s a scam,” Bannon warned.
"And the Republicans are complicit.”

He promised to name names—every GOP member enabling this loophole.

A Message to the GOP:

Get off your knees.
Stop drinking martinis with donors at Capital Grille.
Stop talking tough on the campaign trail and folding in D.C.
"Fire-breathers become deal-cutters,” Bannon sneered.

Conclusion:

Steve Bannon is a lightning rod.
To critics, he’s dangerous and divisive.
To supporters, he’s the last man telling the truth.

But love him or loathe him, his message is unmistakable:
The political class is selling out America.
And only a resurgent Trump—and a fearless populist movement—can take it back.

For more context, watch this segment of Wednesday’s Warroom: