Munk Debate: The Rise of Populism

Munk Debate: The Rise of Populism


NO.>>IT WON’T BE FOR LONG. IN A THRIFT STORE AND GO, OH, MY GOD, DO YOU REMEMBER WE HAD MEN.>>WE DO NOT WANT SYMPATHY. WE DO NOT WANT PITY. WE WANT OPPORTUNITY.>>AN APPALLING SLANDER TO ME TO TO THE MUSLIM RELIGION.>>I NEVER SAID THE WORD MUSLIM IN MY — IT WAS A MUSLIM-FREE –>>IT IS THAT KIND OF RESTRAINT, IT IS THAT KIND OF SOBER-MINDED, SENSIBLE, INTELLIGENT FOREIGN POLICY THAT OBAMA REPRESENTS SO I GUESS WHAT I’M TELLING YOU IS HE’S SORT OF A CLOSET CANADIAN. VOTE FOR HIM, FOR GOD SAKE.>>GOOD EVENING, LADIES AND GENTLEMEN. [ Applause ] GOOD EVENING. THANK YOU FOR BEING HERE FOR THE MUNK DEBATES ON POPULISM. MY NAME IS RUDYARD GRIFFITHS. IT’S MY PRIVILEGE TO HAVE THE OPPORTUNITY TO ORGANIZE THIS DEBATE SERIES AND TO ONCE AGAIN ACT AS YOUR MODERATOR. I WANT TO START TONIGHT’S PROCEEDINGS BY WELCOMING THE NORTH AMERICAN-WIDE TELEVISION AND RADIO AUDIENCE, TUNING IN TO THIS DEBATE. EVERYWHERE FROM CPAC, CANADA’S PUBLIC AFFAIRS CHANNEL, TO C-SPAN, ACROSS THE CONTINENTAL UNITED STATES, TO CBC RADIO IDEAS. A WARM HELLO ALSO TO OUR ONLINE AUDIENCE WHO’S WATCHING THIS DEBATE RIGHT NOW VIA OUR SOCIAL MEDIA PARTNER FACEBOOK, ON FACEBOOK LIVE, AND ON THE MUNK DEBATE WEBSITE WWW.MUNKDEBATES.COM, AND FINALLY HELLO TO YOU, THE OVER 2800 PEOPLE AND COUNTING WHO BRAVED SOME PROTESTS TONIGHT TO BE HERE IN THIS HALL FOR THIS IMPORTANT DEBATE ON THIS VITAL SUBJECT. ALL OF US AT THE MUNK DEBATES THANK YOU FOR STANDING UP FOR SUBSTANTIVE, SERIOUS CONVERSATION ON THE BIG ISSUES CHANGING OUR WORLD. THANK YOU. [ Applause ] BRAVO. AND THANK YOU, ALSO, TO THE ORIA FOUNDATION WHO HAS THE COURAGE TO SUPPORT THIS SERIES YEAR IN AND YEAR OUT FOR OVER A DECADE. LET’S HAVE A WARM ROUND OF APPLAUSE FOR THE MUNK FAMILY AND THE LATE AND GREAT PETER MUNK! [ Applause ] WELL, TONIGHT’S DEBATE IS HAPPENING, WE ALL KNOW, JUST DAYS BEFORE THESE CRITICAL MID-TERM ELECTIONS. AND IT WILL TACKLE ONE OF THE MOST IMPORTANT ISSUES FACING THE WESTERN WORLD, THE RISE OF POPULIST POLITICS. WE’RE GOING TO ASK TONIGHT FROM THESE TWO DEBATERS TO ANSWER SOME IMPORTANT QUESTIONS. IS THE WEST LIVING THROUGH A POPULIST “C” CHANGE THAT WILL IRREVOCABLY TRANSFORM OUR POLITICS? AND CAN THESE LONG-STANDING LIBERAL VALUES, LIBERAL VALUES OF TRADE, SOCIETY, OF POLITICS PUSH BACK AGAINST THIS POPULIST SURGE AND REASSERT THEIR PRIMACY IN THE 21st CENTURY? WELL, LET’S FIND OUT BY GETTING THIS DEBATE UNDER WAY AND GETTING OUR DEBATERS OUT HERE CENTRE STAGE. ARGUING IN FAVOUR OF TONIGHT’S RESOLUTION, BE IT RESOLVED THE FUTURE OF WESTERN POLITICS IS POPULIST, NOT LIBERAL, IS THE FORMER STRATEGIST TO PRESIDENT DONALD TRUMP AND GLOBAL POPULIST CAMPAIGNER STEPHEN K. BANNON. [ Applause ] SPEAKING AGAINST TONIGHT’S MOTION, BE IT RESOLVED THE FUTURE OF WESTERN POLITICS IS POPULIST, NOT LIBERAL, IS THE BEST-SELLING AUTHOR, ATLANTIC MAGAZINE SENIOR EDITOR, AND STAUNCH CRITIC OF PRESIDENT TRUMP AND POPULIST POLITICS, TORONTO’S OWN DAVID FRUM. [ Applause ] NOW, FOR THOSE OF YOU WATCHING ONLINE, WE HAVE A ROLLING POLL AND HASHTAG GOING TONIGHT. THIS HASH TO GO AND IT’S TRENDING ALREADY, TRUST ME, IS #munkdebate. GOES ON TO OUR WEBSITE munkdebates.com/vote AND BE PART OF A ROLLING POLL THAT ASSESS THESE PEOPLE’S PERFORMANCE AND ALLOW YOU TO VOTE. AND FINALLY OUR COUNTDOWN CLOCK, THIS IS ONE OF MY FAVOURITE INNOVATIONS HERE AT THE MUNK DEBATES, DEBATERS, PAY ATTENTION, BECAUSE THIS IS IMPORTANT, IN A FINAL MINUTE OR SO OF EACH OF THE DIFFERENT SEGMENTS OF THIS DEBATE, THIS AUDIENCE WILL SEE A CLOCK APPEAR ON THE SCREENS. WHEN THAT CLOCK REACHES ZERO, JOIN ME IN A LOUD ROUND OF APPLAUSE AND THAT WILL KEEP OUR DEBATERS ON THEIR TOES AND OUR DEBATES ON TIME. NOW, THIS IS GOING TO BE FUN, THIS IS A LITTLE BIT OF A DIFFERENT EXPERIMENT TONIGHT FOR US. WE’RE GOING TO EXPERIMENT WITH SOME LIVE VOTING ON THE RESOLUTION. ALL OF YOU RECEIVED A CLICKER, I’VE GOT MINE HERE SOMEWHERE, LET ME FIND IT, LOOKS SOMETHING LIKE THIS. OKAY. SO EVERYONE TAKE OUT THEIR CLICKER. AND WE’RE GOING TO ASK YOU TO VOTE ON THE RESOLUTION. IS POPULISM THE FUTURE, CAN LIBERAL VALUES PUSH BACK? IF YOU ARE IN FAVOUR OF THE MOTION, I WANT YOU TO PRESS “A” ON YOUR CLICKER, THAT’S “A” OR THE NUMBER 1. OKAY. IF YOU ARE OPPOSED TO THE MOTION, THERE’S NO DO-OVERS HERE, OKAY, YOU’RE GOING TO PRESS “B” OR NUMBER 2. YOU CAN’T VOTE IN THE MID-TERM ELECTIONS, BUT YOU CAN VOTE RIGHT NOW. SO WE’RE GOING TO LET THOSE RESULTS TABULATE A BIT. WE’RE GOING TO GIVE PEOPLE A FEW MINUTES. I’M GOING TO REMIND THE ONLINE AUDIENCE THAT THEY CAN GO TO OUR WEBSITE MUNKDEBATES.COM/VOTE, AND YOU CAN VOTE ON THE RESOLUTION AND SEE HOW YOUR FELLOW ONLINE WATCHERS GAUGE OPINION AT THE START OF THIS DEBATE. LET’S CLOSE THAT QUESTION, WE’VE ALL HAD A CHANCE TO VOTE, AND LET’S SEE THE RESULTS. WHAT IS THIS AUDIENCE THINKING AS IT GOES INTO TONIGHT’S DEBATE? HOW IS PUBLIC OPINION DIVIDED IN THIS ROOM? CAN WE SEE THOSE RESULTS UP ON THE SCREEN? THERE YOU HAVE IT. 28% OF YOU AGREE, 72% OF YOU DISAGREE. AN INTERESTING START. NOW, WE’RE GOING TO ASK A SECOND QUESTION. WE’RE GOING TO ASK RIGHT NOW WHAT YOUR VIEWS ARE AS TO YOUR OWN STATE OF MIND. ARE YOU LIKELY TO CHANGE YOUR OPINION OVER THE COURSE OF THIS DEBATE? COULD YOU HEAR SOMETHING ON STAGE THAT COULD CAUSE YOU TO SWITCH YOUR VOTE AT THE END OF TONIGHT? SO IF YOU THINK YOU COULD CHANGE YOUR VOTE, PRESS THE NUMBER 1 OR THE LETTER “A.” AND IF YOUR MIND IS SET, IF YOU’RE FIXED HERE, IF YOU’RE COMING IN WITH A VIEW AND YOU DON’T THINK YOU’RE GOING TO GET BUDGED FROM IT, PRESS “B” OR NUMBER 2. AND AGAIN, TO OUR ONLINE AUDIENCE, YOU CAN DO THE SAME THING VIA OUR ONLINE POLL AT MUNK DEBATES.COM. LET’S GET THOSE RESULTS UP NOW. WE’RE GOING TO CLOSE THAT QUESTION AND SHOW OUR DEBATERS HOW MUCH OPINION IN THIS HALL IS IN PLAY. TAKE A MOMENT TO PUT THOSE NUMBERS UP ON THE SCREEN. GOING TO GIVE IT A COUPLE MORE SECONDS. THERE WE’VE GOT IT. 57% OF YOU, SO A MAJORITY HERE POTENTIALLY COULD CHANGE THEIR VOTE, SO THIS DEBATE IS VERY MUCH IN PLAY. LET’S GET IT UNDER WAY. WE’RE GOING TO START WITH OPENING STATEMENTS. EIGHT MINUTES EACH, A BIT LONGER THAN USUAL, TO GIVE THESE TWO DEBATERS TIME TO ARTICULATE THEIR VIEWS. AND AS PER CONVENTION, THE PERSON SPEAKING IN FAVOUR OF THE MOTION WILL GO FIRST. SO STEPHEN BANNON, I HAND THE PODIUM OVER TO YOU.>>THANK YOU. I WANT TO THANK THE PEOPLE OF TORONTO, THE MUNK FAMILY FOR HOSTING THIS, HAVING ME TONIGHT, AND FOR THE MEN AND WOMEN OUTSIDE WHO ARE EXERCISING THEIR FREEDOM OF SPEECH RIGHTS TO PROTEST. IT’S NOT A QUESTION OF WHETHER POPULISM IS ON THE RISE AND POPULISM’S GOING TO BE THE POLITICAL FUTURE. ONLY QUESTION BEFORE US, IS IT GOING TO BE POPULIST NATIONALISM OR POPULIST SOCIALISM? TO UNDERSTAND THE VELOCITY, THE INTENSITY, THE DEPTH OF THE POPULIST REVOLT ON A GLOBAL BASIS, WE HAVE TO GO BACK TO THE BEGINNING. WHAT HOLLYWOOD WOULD CALL THE INCITING INCIDENT. I WANT TO TAKE YOU BACK TO SEPTEMBER 18th, 2008, WASHINGTON, D.C., THE OVAL OFFICE, I THINK IT’S 10 OR 11:00 IN THE MORNING. PRESIDENT BUSH, DAVID… [AUDIENCE MEMBER YELLING] [ Booing ]>>WE RESPECT YOUR RIGHT TO FREE SPEECH, BUT WE HAVE — AM I CORRECT, AUDIENCE, WE HAVE PLENTY OTHER PEOPLE WHO WANT THIS DEBATE TO GO ON SO CAN I HAVE A ROUND OF APPLAUSE FOR THIS DEBATE TO PROCEED? THANK YOU. [ Applause ] LET’S HAVE A LOUD ROUND OF APPLAUSE. [ Applause ] [ Cheering ] FREE SPEECH RIGHTS. WE APPRECIATE THAT. THANK YOU VERY MUCH. [ Applause ] [ Cheering ] OKAY. SO IF I HAVE YOUR ATTENTION ON THE STAGE, WE’RE GOING TO FOLLOW A POLICY TONIGHT. THIS PERSON HAS BEEN CAUTIONED. IF SHE DOES NOT STOP, SHE WILL UNFORTUNATELY BE ASKED TO LEAVE THIS DEBATE, SO MADAM, IT IS YOUR DECISION. YOU CAN STAY OR YOU CAN GO. WHAT ARE WE GREENHOUSE GAS TO DO? — GOING TO DO? [ Applause ] OKAY, SORRY, YOU’RE STILL ENGAGING IS. OFFICERS, WE’RE GOING TO MOVE FORWARD WITH OUR PLAN. IF WE CAN PLEASE REMOVE THE PERSON FROM THE HALL. [ Cheering and Applause ] THANK YOU VERY MUCH. A BIG ROUND OF APPLAUSE TO THE TORONTO POLICE SERVICES THIS EVENING. FABULOUS JOB. [ Applause ] OKAY. STEPHEN, YOU’VE GOT THE FLOOR AGAIN. [ Laughter ] WE’RE GOING TO GIVE YOU AN EXTRA MINUTE ON THE CLOCK.>>NO, NO, NO, NO, NO. I’LL PLAY BY THE RULES. WE’RE IN THE OVAL OFFICE. HEAD OF FEDERAL RESERVE HANK PAULSON, SECRETARY OF THE TREASURY WALK IN TELL THE PRESIDENT OF UNITED STATES BY 5:00 THIS AFTERNOON, BY CLOSE OF BUSINESS, WE NEED 1 TRILLION-DOLLAR CASH INFUSION INTO THE AMERICAN FINANCIAL SYSTEM. IF WE DON’T GET IT, THE AMERICAN FINANCIAL SYSTEM WILL IMPLODE IN 72 HOURS. THE WORLD FINANCIAL SYSTEM THREE DAYS AFTER THAT. AND WE WILL HAVE GLOBAL ANARCHY AND CHAOS. THE GREATEST ENEMIES OF THE UNITED STATES, MUSSOLINI, HITLER, TOJO, THE SOVIET UNION, AL-QAEDA, OSAMA BIN LADEN, NOBODY’S EVER BROUGHT THE UNITED STATES TO ITS KNEES LIKE THAT DAY. WHO DID THAT? WHO’S RESPONSIBLE FOR THAT? THE POPULIST? DONALD TRUMP? NO. THE ELITES. THE FINANCIAL, THE CORPORATE, THE PERMANENT LOCAL CLASS THAT RUNS WASHINGTON, D.C., THAT’S WHO DID IT. WHAT WAS THEIR SOLUTION? TO CREATE MONEY AND BAIL THEMSELVES OUT. ON THE DAY THAT HAPPENED, THE BALANCE SHEET OF THE FEDERAL RESERVE WAS $880 BILLION. WHEN DONALD TRUMP TOOK THE OATH OF OFFICE JANUARY 20th, 2017, IT WAS $4.5 TRILLION. FLOODED WITH LIQUIDITY JUST LIKE THE BANK OF TOKYO, BANK OF ENGLAND, EUROPEAN CENTRAL BANK. THE PARTY AT DAVOS, ELITES, BAILED THEMSELVES OUT, AFRAID OF SOME INFLATIONARY DEATH SPIRAL. THAT’S NOT A FREE BAILOUT. THERE’S A COROLLARY TO THAT. SAVINGS ACCOUNTS ARE ZERO, PENSION FUNDS HAVE THE BIGGEST GAP IN HISTORY. YOU CAN’T UNDERWRITE A BOND IN THE UNITED STATES BECAUSE YOU ONLY GET FOR A PUBLIC SCHOOL OR WATER WORKS, YOU GET 2%. THE LITTLE GUY. THE LITTLE GUY WOULD BEAR THE BURDEN OF THAT. IF YOU’VE OWNED ASSETS, INTELLECTUAL PROPERTY, STOCKS, REAL ESTATE, HEDGE FUNDS, NAME IT, IN THE LAST TEN YEARS, YOU HAD THE GREATEST RUN IN HISTORY. FOR EVERYBODY ELSE, A DISASTER. 50% OF AMERICAN FAMILIES CAN’T PUT $400 OF CASH — THEIR HANDS ON CASH, RIGHT? [SOME LAUGHTER] I HATE THE ELITES, YOU GOT TO LAY THAT DOWN THERE. 60% OF OUR JOBS, IT WASN’T DONALD TRUMP, IT WASN’T THE POPULIST. THE POPULIST MOVEMENT, THE NATIONALIST MOVEMENT IS NOT A CAUSE OF THAT, IT’S A PRODUCT OF THAT. DONALD TRUMP’S PRESIDENCY IS NOT A CAUSE OF THAT, IT’S A PRODUCT OF THAT. WHEN I STEPPED INTO THE CAMPAIGN IN MID-AUGUST, THE CENTRAL NUMBERS, NOT HOW FAR HE’S BEHIND, 70% OF THE AMERICAN PEOPLE BELIEVE FOR THE FIRST TIME IN OUR HISTORY THAT THE COUNTRY WAS IN DECLINE AND T ELITES WERE OKAY WITH THAT. THAT MANAGED DECLINE WAS THE WAVE OF THE FUTURE. WAS AN EDUCATION OF THE SOUTHERN BORDER, CHINA, KOREA, IRAN, OUR EDUCATION, OUR HEALTH SYSTEM. IT WAS DONALD TRUMP THAT TURNED THAT AROUND. IT’S THE PARTY — THIS IS A VERY TOUGH CROWD. WE’LL HAVE PLENTY OF TIME TO GO THROUGH THIS. [ Applause ] THE PARTY AT DAVOS, THE SCIENTIFIC, MANAGERIAL, ENGINEERING FINANCIAL, CULTURAL ELITES THAT RUN THE WORLD HAVE LEFT A FINANCIAL WASTELAND AND DECOUPLED FROM THE MIDDLE CLASS AND THE WORKING CLASS THROUGHOUT THE WORLD. THAT IS WHY ROBAN AND BREXIT AND NOW BOLSONARO, IT SHOULDN’T BE LOST ON YOU THAT THE DAY HE’S ELECTED IS THE DAY ANGELA MERKEL WILL LEAVE THE STAGE. TRUMP’S ECONOMIC NATIONALISM DOESN’T CARE ABOUT YOUR RACE, YOUR RELIGION, YOUR ETHNICITY, YOUR COLOUR. [SOME LAUGHTER] OKAY, OKAY. I GOT A WHOLE NIGHT TO CONVERT YOU. I SAW THE 28%. IT DOESN’T, IT DOESN’T MATTER YOUR GENDER, IT DOESN’T MATTER YOUR SEXUAL PREFERENCE. I SAID ECONOMIC NATIONALISM. WORK WITH ME. IT CARES IF YOU’RE A CITIZEN. LOOK AT THE RESULTS. LOOK AT THE RESULTS TODAY. LOWEST BLACK UNEMPLOYMENT IN HISTORY, LOWEST HISPANIC UNEMPLOYMENT IN WHAT, 30 YEARS, WAGES RISING ACROSS THE BOARD. MANUFACTURING JOBS COMING BACK. THE POPULIST NATIONALIST MESSAGE AND ITS POLICIES ARE WORKING IN THE UNITED STATES AND IT’S SPREADING. THE REVOLT IN EUROPE AND NOW IN LATIN AMERICA. AND I GET CONTACTED EVERY DAY FROM ASIA, FROM AFRICA, FROM THE MIDDLE EAST. WE’RE AT THE BEGINNING OF A NEW POLITICAL REVOLUTION AND THAT IS POPULISM. THE ONLY QUESTION BEFORE US, IS IT GOING TO BE A POPULIST NATIONALISM THAT BELIEVES IN CAPITALISM IN DECONSTRUCTING IS THE ADMINISTRATIVE STATE, IN GIVING THE LITTLE GUY A PIECE OF THE ACTION AND BREAK UP THIS CRONY CAPITALISM OF BIG CORPORATIONS AND BIG GOVERNMENT OR IS IT GOING TO BE A JEREMY CORBIN AND BERNIE SANDERS TYPE OF POPULIST SOCIALISM? BECAUSE THE PARTY AT DAVOS AND THE ELITES HAVE BLOWN TOO MANY CALLS. TOO MANY EXISTENTIAL EVENTS, THE RISE OF CHINA, THE $7 TRILLION SPENT ON THE WARS IN IRAQ AND AFGHANISTAN, THE DEREGULATION THAT LED TO THE FINANCIAL CRISIS IN 2008. HOW THE FINANCIAL CRISIS WAS BAILED OUT. WHERE WE ARE TODAY IN THIS OVERLEVERAGED SOCIETY BECAUSE AS YOU KNOW, MOST OF YOU IN THIS ROOM THAT WORK IN FINANCE WERE HEADING TO ANOTHER FINANCIAL CRISIS. THAT IS THE QUESTION BEFORE US. WHAT FORM OF POPULISM. AND I HOPE TONIGHT THAT THE GOOD PEOPLE IN TORONTO WILL LISTEN WITH OPEN EARS, AS WE DEBATE THIS TOPIC. THANK YOU VERY MUCH. [ Applause ]>>THANK YOU, STEPHEN. DAVID, WE’RE GOING TO PUT EIGHT MINUTES ON THE CLOCK FOR YOU, FOR YOUR OPENING STATEMENT. YOU NOW HAVE THE STAGE.>>THANK YOU. I THINK WE’RE ALL HERE TO WELCOME STEVE BANNON TO PRESIDENT TRUMP’S LEAST FAVOURITE COUNTRY. [SOME LAUGHTER] [SOME APPLAUSE] I WORRY THAT SOME OF THOSE PROTESTORS MAY HAVE CONFIRMED THE IDEA THAT CANADA DOES PRESENT A PILLOW CASE NATIONAL SECURITY THREAT. BUT I’D LIKE TO BEGIN TONIGHT BY TAKING THE PROTESTOR’S QUESTION VERY SERIOUSLY, AND TO ANSWER THIS QUESTION, WHY ARE WE HERE? WHAT ARE WE HOPING TO ACHIEVE TONIGHT? WE’RE NOT HERE TO MOUNT AN ENTERTAINMENT OR TO DO A SHOW. WE ARE HERE TO ENGAGE IN THE MOST IMPORTANT, MOST DANGEROUS CHALLENGE THAT LIBERAL DEMOCRATIC INSTITUTIONS HAVE FACED SINCE THE END OF COMMUNISM. STEVE BANNON IS A FIGURE FROM HISTORY, VERY IMPORTANT PERSON S HE ADVISED THE PRESIDENT OF THE UNITED STATES AT A TIME WHEN THAT FUTURE PRESIDENT WAS ON HIS WAY TO LOSING AND STEVE BANNON HELPED TURN THE CAMPAIGN AROUND. HE HAS BEEN AN ADVISOR TO PARTIES ALL ACROSS EUROPE, MUCH OF WHICH HOLD POWER, AS IN ITALY. HE HAS BEEN AN ADVISOR TO THE NEW PRESIDENT OF BRAZIL, HIS BREIT BART WEBSITE MOVED INTO A NEW POLITICAL MOVEMENT AND ALL OF THAT IS HIS WORK SO WHAT DO I HOPE TO ACCOMPLISH TONIGHT BY BEING HERE TONIGHT AND ENGAGING WITH HIM? FIRST, I WANT TO DO THREE THINGS. FIRST, I WANT TO SPEAK TO THOSE WHO ARE GENUINELY UNDECIDED. THERE MAY NOT BE SO MANY, BUT YOU ARE IMPORTANT, AND YOU MAY BE WONDERING, DOES THE KIND OF POLITICS THAT STEVE BANNON IS SPEAKING FOR AND THAT PRESIDENT TRUMP ARTICULATES, DOES THAT POLITICS OFFER ME ANYTHING? SHOULD I LISTEN TO IT? AND I’M HERE TONIGHT TO TELL YOU IT OFFERS YOU NOTHING. IT DOES NOT CARE ABOUT YOU. IT DOES NOT RESPECT YOU. [ Applause ] STEVE BANNON HAS SAID, HE SAID IT TO MICHAEL LOUIS IN AN INTERVIEW IN FEBRUARY, IT IS ANGER, IT IS ANGER AND FEAR THAT DRIVES PEOPLE TO THE POLLS. ANGER AND FEAR IS WHAT IS OFFERED BUT NOTHING SUBSTANTIAL. SECOND, IN ADDITION TO THOSE WHO ARE UNDECIDED, I WANT TO SPEAK TO THOSE OF YOU WHO SEE PRESIDENT TRUMP’S POLITICS FOR WHAT IT IS. AND WHO RESIST IT. I KNOW HOW WORRIED YOU ARE. I KNOW THE FEAR THAT MANY FEEL. AND I STAND HERE TO REIGNITE YOUR FAITH AND TO SPEAK TO YOUR COURAGE. THESE SYMBOLS THAT MANY OF US WEAR TONIGHT ON OUR LAPELS REMIND US THAT THIS IS NOT THE FIRST TIME THAT DEMOCRACY HAS FACED THUGS AND CROOKS AND BULLIES AND WOULD-BE DICTATORS AND THOSE WHO SEEK TO BUILD THEMSELVES UP BY TEARING OTHERS DOWN. THIS IS NOT THE FIRST TIME SUCH PEOPLE THAT PUFFED THEMSELVES AS THE WAVE OF THE FUTURE. THEY WERE WRONG THEN, THEY ARE WRONG NOW. [ Applause ] WE ARE HERE TO SHOW THAT WE ARE WHAT OUR PARENTS AND OUR GRANDPARENTS WERE AND THE CHALLENGES AND THREATS THEY MET AND OVERCAME, WE CAN DO THE SAME. BUT THE LAST GROUP OF PEOPLE I WANT TO SPEAK TO, AND MAYBE THIS IS THE MOST IMPORTANT, I WANT TO SPEAK TO THOSE WHO SEE TRUMP POLITICS FOR WHAT IT IS AND WHO SUPPORT IT ANYWAY. MANY PEOPLE ARE EXCITED BY THE JOY OF DESTRUCTION. WRECKING THINGS THEY COULD NEVER BUILD, SMASHING THINGS THEY DO NOT UNDERSTAND. STEVE BANNON HAS TOPPED OF BURNING EVERYTHING DOWN. I’M SURE HE MEANS THAT METAPHORICALLY BUT WE ARE NEARING THE 80th ANNIVERSARY OF KRISTALLNACHT AND THERE ARE PEOPLE WHO UNDERSTAND BURNING NON-METAPHORICALLY AND I’M HE TONIGHT TO SPEAK TO ALL OF THEM AND TO SAY, YOU WILL LOSE. YOU WILL LOSE. YOU HAVE BEEN WINNING, IT HAS BEEN FIVE GOOD YEARS FOR THOSE PEOPLE, BUT YOU WILL LOSE. AND WHEN YOU LOSE, YOUR CHILDREN WILL BE ASHAMED OF YOU AND THEY WILL DISAVOW YOU AND THE FUTURE WILL NOT BELONG TO YOU. [ Applause ] AND IT STARTS TONIGHT. NOW, WE HAVE A DEFINITIONAL PROBLEM AS WE BEGIN THIS DEBATE BECAUSE WE’RE USING WORDS THAT HAVE LARGE MEANINGS. LIBERAL, POPULIST. WE’RE NOT EXACTLY SURE HOW TO USE THEM. AND IT’S STRANGE, AND MANY PEOPLE MADE THE POINT, IT’S STRANGE FOR ME, A LIFE-LONG CONSERVATIVE TO BE HERE ON THE LIBERAL SIDE OF THIS DEBATE AND I’M NOT A LIBERAL. I AM A CONSERVATIVE BUT WHAT I AND OTHER CONSERVATIVES IN THE ENGLISH-SPEAKING WORLD HAVE HISTORICALLY SOUGHT TO CONSERVE IS A LIBERAL HERITAGE. AND THIS IS SOMETHING THAT CONSERVATIVES AND LIBERALS SHARE. WE ARE TRYING TO CONSERVE A STATE THAT DOES NOT STEAL, A MEDIA THAT DOES NOT LIE, COURTS THAT RESPECT THE RIGHTS OF ALL, AND VOTING THAT IS AVAILABLE TO EVERYBODY, EVEN IF THE PEOPLE COUNTING THE VOTES ARE AFRAID THAT THOSE WHO ARE VOTING MAY VOTE AGAINST THEM. [ Applause ] AND WHAT IS POPULISM? WHAT IS POPULISM? IT CLAIMS TO SPEAK FOR THE PEOPLE, BUT IT ALWAYS BEGINS BY SUBDIVIDING THE PEOPLE AND BY SAYING SOME AMONG THE PEOPLE, BECAUSE OF THEIR SKIN OR THE WAY THEY PRAY OR THEIR GENDER OR THEIR — WHOM THEY LOVE OR HOW THEY CONDUCT THEMSELVES OR FOR SOME OTHER REASON, SOME OF THE PEOPLE ARE NOT THE PEOPLE, THEY ARE THOSE PEOPLE. POPULISM BEGINS BY DIVIDING THE COUNTRY BETWEEN THOSE PEOPLE AND US PEOPLE. AND SAYING THOSE PEOPLE DO NOT MATTER AND OUR PEOPLE DO. AND IT IS ONLY ON THAT BASIS, AND YOU SEE PRESIDENT TRUMP DOING THIS AGAIN AND AGAIN, WHERE HE WILL SAY THINGS LIKE, I GOT 52% OF THE VOTE OF WOMEN. WELL, THAT’S NOT TRUE. HE GOT 52% OF THE VOTE OF WHITE WOMEN BUT THE OTHERS DON’T MATTER. FOR HIM, THE PEOPLE IS ALWAYS, ALWAYS ONLY PART OF THE PEOPLE. THOSE WHO THINK DIFFERENTLY AND THOSE WHO REPORT ON OUR CROOKED BUSINESS DEALS OR CLAN DID HE SAY STEIN CONNECTIONS WITH HOS FILE IMPORTANT POWERS, THEY ARE ENEMIES OF THE PEOPLE EVEN THOUGH THEY ARE EXERCISING THE RIGHTS THAT YOU WOULD THINK WOULD BELONG TO THE PEOPLE. WHY WILL THIS POPULIST MOVEMENT LOSE AND WHY WILL LIBERAL INSTITUTIONS PREVAIL? AND ONE REASON, THIS NEW POPULISM IS A SCAM. IT’S A LIE. IT’S A FAKE. IT HAS NOTHING. NOW, I DON’T MEAN THAT JUST IN THE SENSE THAT SO MANY OF ITS LEADERS ARE CROOKS, ALTHOUGH THEY ARE. PRESIDENT TRUMP IS A CROOK. VICTOR ORBAN IS A CROOK. MARIE LEPINE IS A CROOK AND I DON’T MEAN THAT IN THE SENSE THEY SAY THINGS THAT AREN’T TRUE, ORBAN IS LOOTING, WILL HE MEAN STEALS PARLIAMENTARY FUNDS AND DONALD TRUMP IS RUNNING THE MOST UNETHICAL ADMINISTRATION IN AMERICAN HISTORY. [ Applause ] LEPINE. BUT I MEAN IT IN ANOTHER WAY. BECAUSE THEY ARE — IT IS A SCAM EVEN ON ITS OWN TERMS. WHAT DO THEY DELIVER? DONALD TRUMP IS RUNNING THE AMERICAN ECONOMY THE WAY HE RAN HIS FAMILY BUSINESSES. HE INHERITED A FORTUNE, HAS PROCEEDED TO — IS TELLING EVERYBODY WHAT A GREAT JOB HE’S BEEN DOING. PRESIDENT TRUMP TODAY TOOK CREDIT THAT IN THE MONTH OF OCTOBER 250,000 JOBS WERE CREATED IN THE UNITED STATES. CONGRATULATIONS. GOOD NUMBER. THERE ARE 26 MONTHS IS UNDER PRESIDENT OBAMA WHERE THAT MANY JOBS WERE CREATED AND THERE ARE 5 MONTHS UNDER PRESIDENT OBAMA WHEN 300,000 JOBS WERE CREATED. IT’S NOT DONALD TRUMP’S DOING, NO MATTER HOW MUCH HE SAYS IT IS. BUT HERE’S WHAT IS HIS DOING. THE BIGGEST TRADE DEFICIT WITH CHINA SINCE BEFORE THE GREAT RECESSION, ILLEGAL IMMIGRATION THAT IS RUNNING FASTER THAN IT RAN IN THE TWO YEARS BEFORE HE TOOK OFFICE. THERE’S GOING TO BE A LOT MORE TO TALK ABOUT TONIGHT, BUT I WANT TO JUST ENSURE ALL OF YOU LIBERAL DEMOCRACY IS STRONGER THAN IT LOOKS. SINCE 1945, IT HAS BUILT THE MOST — [ Applause ] BEST SOCIETY EVER SEEN AND THE NEW POPULISM, THE NEW POPULISM IS BASED ON ONE ASSUMPTION… [ Applause ]>>YOUR TIME IS UP, I’M AFRAID. SO LADIES AND GENTLEMEN, WE’RE GOING TO DO SOMETHING A LITTLE DIFFERENT TONIGHT. WE’RE GOING TO HAVE TIMED REBUTTALS HERE. WE’RE GOING TO LET BOTH OF THESE DEBATERS ENGAGE WITH WHAT THEY’VE HEARD IN THE OPENING STATEMENTS AND REALLY GET THIS DEBATE UNDER WAY. WE’RE GOING TO HAVE TWO OUT OF THESE ROUNDS. STEPHEN, YOU’RE UP FIRST. WE’RE GOING TO PUT THREE MINUTES ON THE CLOCK FOR YOU.>>YOU KNOW, THIS IS THE OLDEST TRICK IN THE BOOK, JUST SMEAR THE POPULIST MOVEMENT. YOU KNOW, SMEAR THE DEPLORABLES. HILLARY CLINTON TRIED THAT. WE SAW HOW IT TURNED OUT. DAVID, THE REASON THAT DONALD TRUMP AND THE POPULIST MOVEMENT ROSE IS BECAUSE OF THE ADMINISTRATION YOU WORKED IN. RIGHT? YOU KEEP TALKING ABOUT THE ABILITY TO MAKE THESE DECISIONS, YOU KNOW, HOW GREAT A DECISION YOU’RE MAKING AND ALL THESE SCUMBAGS AND THIEVES THAT ARE IN THE POPULIST MOVEMENT. THE REASON YOU DON’T LIKE IT TODAY, AND LIBERAL DEMOCRACY, AND PEOPLE, THE CONCEPT OF THE ECONOMIST IS ILLIBERAL DEMOCRACY. THE REASON YOU CALL IT THAT IS ORBAN IS WINNING WITH 70% OF THE VOTE. DIMAIO AND SOLVINI ARE WINNING. DONALD TRUMP WINS WITH OVER 300 ELECTORAL VOTES. [ Laughter ] [ Please Stand By ] WE SHOULD WG PROCESS OF THE INDUSTRIALIZATIO SHIPPING ALL THE MANUFACTURING JOBS. THE GREAT SOCIOLOGICAL STUDY OF THE DEPLORABLES, IT SHOIS YOU R FACTORIES AND LEFT AND JOBS THAT WENT WITH IT AND THE OPIOID CRISIS. THEY TO AWAY PEOPLE’S SELF-WORT AND DIGNITY. THE SECOND WAS THE GREAT DECISIONS AND THE VEN TRILLION DOLLARS, THAT’S BROWN UNIVERSITY, WATSON CENTRE. THAT’S NOT BRIGHT PARK. THAT’S THEIR ANALYSIS OF WHAT IT COST AND THESE WARS THAT WE STILL HAVEN’T WON AND ARE STILL IN 17 YEARS LATER. 10,000 DEAD, 40 OR 50,000 COMBAT CASUALTI AND SEVEN TRILLION DOLLARS SPENT IN THE LAST, AS THE FINANCIAL DEBACLE ON THEIR WATCH. IT’S PRETTY EASY TO SIT HERE WITH ALL THESE HIGH FALL OUT INTERMS. THE POPULIST MOVEMENT IS NOT ST LOOK AT THE ECONOMIC BENEFITS THAT ARE COMING THROUGH PRESIDY. IF YOU BELIEVE FOR A SECOND THIS THING ABOUT OBAMA, HE DIDN’T UNDERSTAND THE MATH BETWEEN 880 BILLION DOLLARS AND 4.5 TRILLION. IT’S PRETTY EASY TO CREATE THINGS WHEN YOU’RE FLOODING THE ZONE WITH CAPITAL AND DESTROYING THE BASICS OF THE JUDEO CHRISTIAN WEST FAMI WH SAVING. YOU CA [ Some Applause ] YO DON’T HAVE PEAN. THAT IS ALL THE WORK OF THE GREAT ELITES OF THE PERMANENT PLANTS. LOOK ATH POPULIST MOVEMENT AS A BUNCH OF RACIST, NATIVIST XENOPHOBES. K OF OUR COUNTRY. HERE IN CANADA YOU’RE BUILT UPON THE SAME BUILDING BLOCKS OF THE LITTLE GUY, THE LITTLE PERSON. WHAT DO YOU CALL, FOG [ Applause ]>>I DID WORK FOR PRESIDENT BUSH. AND I SERVED HIM ON ONE OF THE DARKEST DAYS IN AMERICAN HADDIST, 9/11. I WAS IN THE WHITE HOU AND I SAW WHAT THE AMERICAN STEVE BANNON VOTED FOR PRESIDENT CE. HARD TO BELIEVE THAT’S CORRECT. WE HAVE ONE OTHER THING IN COMMON, WHICH IS — HE WILL MAYBE NOT REMEMBER THIS — THIS IS AFTER THE SECOND TIME HE AND I HAVE MET. THE FIRST TIME WAS I MADE AN APPEARANCE IN ONE OF HIS FILMS. IT WAS ABOUT TEN YEARS AGO. I GOT A CALL FROM A FRIEND OF MINE. THERE WAS THIS WALL STREET BANKER WHO WAS SETTING UP A NEW CAREER AS A HOLLYWOOD PRODUCER. WOULD I BE INTERVIEWED FOR ONE OF HIS MOVIES? WE TALKED ABOUT THESE VERY THEMES. AND AT THE END OF IT, STEVE BANNON KINDLY SENT ME BACK TO WORK IN ONE OF HISI SO I AM VERY SURPRISED TO SEE MY OLD PRODUCER FRIEND NOW EMERGING AS THE FIERY TRIBUNE OF POPUS BUT IT IS ABSOLUTE TRUTH THAT LIBERAL DEMOCRACY IS IN TROUBLE NOW BECAUSE OF THE FAILURES THAT HAPPENED IN THE PAST, BECAUSE OF THE FINANCIAL CRISIS, AND BECAUSE OF THE LOST WARS OR UNSUCCESSFUL WARS. AND IT WAS TRUE THAT LIBERAL DEMOCRACY IN THE 1930s GOT INTO TROUBLE BECAUSE OF THE MISTAKES THAT WERE MADE. THERE WOULDN’T HAVE FASCISM HAD THE 1920s LED TO PERMANENT ES THE FAILURES OF A GOOD SYSTEM ARE NOT A REASON TO TURN TO AN EVIL ONE [ Applause ] WE HAVE TO REVIEW AND REPAIR. WHEN STEVE BANNON AND I TALKED, ONE OF THE THINGS WE HAD IN COMMON, AND THIS IS ONE OF THE THINGS I CREDIT HIM FOR — IN A WORLD OF REPUBLICANS WHO SAID THAT EVERYTHING WAS FINE, STEVE BANNON WAS ONE OF THE FIRST PEOPLE TO SEE THAT THINGS WERE NOT FINE. WE SAW THE SAME THINGS. WE SAW THE STRESS THAT WAS HAPPENING TO MIDDLE CLASS INCOMES. WE SAW — WE SAW THE TENSIONS THAT WERE ARISING AS WEALTH BECAME MORE EXTREMINTE AND I THINK ONE OF THE REASONS IT’S INTERESTING TO RECONNECT AFTER THIS TIME IS BECAUSE WE HAD VERY DIFFE. THE POPULIST MOVEMENT SEIZED THOSE FISSURES AND SEIZED THEM AS OPPORTUNITIES TO EXPLOIT, TO DESTROY ANRO AND I SEE THEM AS FLAWS THAT DEMAND REFORM, CONSTRUCTIVE REPAIR AND RENEWAL. WHAT YOU’RE BEING ASKED TO VOTE ON TONIGHT IS NOT WAS EVERYTHING HANDLE THE WELL IN THE BUSH YEARS? WHAT PERIOD IN HISTORY WAS EVERYTHING HANDLED WELL? THE QUESTION IS, WHAT ARE YOU GOING TO DO ABOUT IT? HOW ARE YOU GOING TO RESPOND? WHAT KIND OF WORLD DO YOU WANT TO BUILD? THE CHOICE IS BETWEEN DESTRUCTION AND RENEWAL, BETWEEN FREEO AND THE CHOICES BETWEEN A SOCIETY THAT RESPECTS EVERYBODY, ALL THE PEOPLE, AND OF POLITICS THAT DEFINES THE PEOPLE AGAINST THE PEOPLE, ALWAYS EXCLUDES SOMEONE ELSE OUT AND IT MAKES THE BASIS OF THE NATION, THE SUPPRESSION OF MUCON [ Applause ] SKWA “R” >>DAVID NEEDS NO INTRODUCTION. HE’S WIN OF THE MOST SIGNIFICANT SWEKT WALLS IN THE UNITED STATES AND PARTICULARRY THE CONSERVATIVE MOVEM A OUT TO HIM NEEDED HIS INTELLIGENCE AND HIS PERSPECTIVE AND HIS WISDOM. IT’S A VERY HIGH PRIORITY FOR ME AND OTHERS IN THE POPULIST MOVEMENT TO CONVERT PEOPLE LIKE DAVID FRUM TO OUR CAUSE. [ Laughter ] WE’RE NOT TRYING TO STOP ELECTIONS. WE’RE GOING WIN ELECTIONS. WE LOVE TION BECAUSE WE’RE GOING TO WIN. VICTORY BEGETS VICTORY. I’M NOT SAYING DON’T HAVE O WE’RE THE TRUE ANTI-FASCIST. FASCISM LOOKS TO WORSHIP THE STATE. THE TRUMP MOVEMENT HAS THREE THINGS: ECONOMIC NATIONALISM, AMERICAN FIRST NATIONAL SECURITY POLICY AND DECONSTRUCT OF THE ADMINISTRATIVE STATE THE PROGRESSIVES OVER THE LAST FORTY OR FIFTY YEARS HAVE BUILT UP AN ADMINISTRATIVE STATE BIGGER THAN A CABINET DEPARTMENTS WE HAVE. IT’S SOMETHING THE FOUNDERS NEVER — IT’S A FOURTH BRANCH OF GOVERNMENT. TRUMP’S ENTIRE PROGRAM, IT’S LIKE GORSUCH AND KAVANAGH UNDER THE SUPREME COURT. THE CHEVRON EXEMPTION. THEY’RE ALL ABOUT DECONSTRUCTING. DEREGULATION. IT’S TAKING THE LEVIATHAN APART BRICK BY BRICK WHICH DAVID FRUM HAS ORGAZED F THIRTY YEARS OF HIS PROFESSIONAL LIVELY. ECONOMIC NATIONALISM IS PUTTING YOUR COUNTRY FIRST WHEN IT COMES TO THE ECONOMY AND TO NOT HAVE THE MAXIMIZATION OF SHAREHOLDER VALUE ZATN OF CITIZENSHIP VALUE. IF THE TRUMP PROGRAM AND THE POPULIST IS SO BAD, DAVID, HOW DO WE GET THE NEW NAFTA DEAL AND THE KEY TO THE NAFTA DEAL — [ Crowi I FORGOT I’M IN TORONT IT’S TO CREATE A GEOSTRATEGIC MANUFACTURING BASE THA WILL COUNTER EAST ASIA AND NOT ALLOW MEXICO TO GAIN THE — CHINA TO GAIN THE SYSTEM THROUGH MEXICO. THE BENEFITS OF THIS, AS YOU SEE, THE SUPPLY CHAINS, YOU SEE THE EU, IN JAPAN, IN KOREA, HAVE BILATERAL DEALS WITH US ARE GOING TO BE ENORMOUS. IT’S GOING TO BRING OUR MANUFACTURERS LIKE THE ORIGINAL NAFTA WHEN CANADA’S ECONOMY WENT UP TEN TIMES BECAUSE THE MANUFACTURING TOOK FROM T.S. YOU’RE GOING TO SEE THE SUPPLY CHAIN START TO COMCK [ Laughter ] REASONABLE MEN CAN DI THE AMERICAN FIRST NATIONAL SECURITY POLICY IS TO THE RULES BASED INTERNATIONAL ORDER IS ON THE BACKS OF THE DEPLORABLES. IT’S THEIR SONS AND DAUGHTERS IN THE HINDU KUSH, IN THE SOUTH CHINA SEA, ON THE 38TH PARALLEL. THAT NETWORK OF COMMERCIAL RELATIONSHIPS, CAPITAL MARKETS, TRADE DEALS, FROM EUROPE TO THE PERSIAN GULF TO THE SOUTH CHINA SEA AND NORTHWEST PACIFIC, PRESIDENT TRUMP IS TRYING TO REINFORCE THAT. O MAKE THE GULF EMIRATE [ Some Applause ]>>HAVE FREE NAVIGATION TO SOUTH E AND MAKE OUR ALLIES — [ Applause>DAVID, THAT’S EXACT I’M NOT GOING TO MUCK THIS UP BY OVERMODERATING, SO I WON’T PUT ANOTHER THREE MINUTES ON. LET’S DO ANOTHER ROUND AND SEE WHERE THIS GOES. >>HOW DID YOU GET THE NEW NAFTA? I’M GOING TO TELL YOU A TRUE STORY ABOUT HOW PRESIDENT TRUMP FOUND HIS MOST IMPORTANT TRADE ADVISER. WHEN HE, TO HIS SURPRISE, WOULD NOT ELECTION OF 2016, HE DECIDED TRADE WITH CHINA WAS GOING TO BE AN ISSUE. SO AS ONE DOES, HE ASKED HIS SON-IN-LAW TO IM JARRED KUSHNER, AS ONE DOES, WENT TO THE AMAZON WEBSITE AND TYPED THE WORDS “CHINA” AND “TRADE” INTO THE BROWSER AND HE PULLED UP A VIDEO CALLED “DEATH BY CHINA.” IT’S A VERY EXCITING VIDEO, LOTS OF FLAMES. PETER NAVARRO DOES HAVE A PHD IN ECONOMICS BUT NO PEER REVEALED ARTICLES. DON AND HE’S NOW THE CHIEF TRADE ADVISEST. AND MAYBE IT FITS BECAUSE WHEN PRESIDENT TRUMP IS MAKI NOTES ON HIS APPROACH TO TRADE, AS BOB WOODWARD REPORTS, HE WROTE AS A PROMPT IN ONE OF HIS SPEECHES, “TRADE IS BAD.” SO HOW DO GE WE GET THE NEW NAFTA? A LOT OF RESPONSIBLE PEOPLE SURROUNDED DONALD T A IED TO EN LITTLE DAMAGE AS POSSIBLE FOR E AND THE GOOD NEWS IS THAT ALTHOUGH THE PRESIDENT CRASHED CELL PHONE TO THE FLOOR, THE SCREEN IS NOT TOO BAG AND NAFTA IS WAITING THERE TO BE REIR AND BROUGHT INTO THE MODERN AGE WHEN THERE ARE PEOPLE IN GOOD FAITH WHO CAN DO THINGS LIKE NEGOTIATE THE DIGITAL ECONOMY, WHICH NONE OF WHICH GOT DONE. NO CONSTRUCTIVE WORK GOT DONE. ALL THAT HAPPENED WAS THAT NAFTA WAS PREVENTED FROM BEING DESTROYED. YOU KN, OF THE QUESTIONS WE TALK ABOUT HERE TONIGHT IS NATIONALISM AND GLOBALISM. GLOBALISM. IT’S A BAD WORD. NORTH AMERICAN LUNGS RUSSIAN MISSILES SHOOT DOWN MALAYSIAN AIRLINERS WITH EUROPEAN CITIZENS AD. THE ONLY WAY WE’RE GOING TO STOP THIS PLANET FROM GETTING TOO HOT FOR OUR SPECIES TO LIVE ON IS IF WE ALL WORK TOGETHER. IT E [ Applaus WE LOVE OUR COUNTRIES. ONLY THROUGH COUNTRIES CAN WE EXERCISE OUR DEMOCRACY. BUT WE WORK TOGETHER WITH FRIENDS AND PARTNERS. HOW DID DONALD TRUMP GET NAFTA? BY BULLYING PEOPLE. NOT BY TREATING THEM AS PARTNERS. HE’S NEVER BEEN ABLE NEGOTIATE A WIN-WIN DEAL IN HIS BUSINESS CAREER. SO HE — CANADA ARE MEBS COULD HE ARE LESS POWERFUL THAN THE UNITED STATES AND IN THE PAST, AMERICA ALWAYS SAID, EVEN THOUGH THAT WAS TRUE, OBVIOUSLY, WE CAN WORK COOPERATIVELY TOGETHER. BUT THIS IDEA OF AMERICA FIRST OR HUNGARY FIRST OR FRANCE FIRST OR GERMANY FIRST, IT GETS PROGRESSIVELY LESS ATTRACTIVE, DOESN’T IT, AS WE NAME THE OTHER COUNTRIES WHO MIGHT PUT THEMSELVES FIRST? WE LEAVE THAT BEHIND TO SAY WE’RE GOING TO BUILD A COMMUNITY OF DEMOCRATIC NATIONS WHO UNDERSTAND THAT, OF COURSE, THEY’RE CLASHING INTERESTS THAT HAVE TO BE WORKED OUT. BUT WE ARE STRONGER ALWAYS WHEN WE WORK COOPERATIVELY AND THAT WE CAN BUILD PEACE AND PROSPERITY. THe IN THE TRUEST SENSE, BECAUSE THE CENTRAL — THE THING THAT WE’VE BEEN ARGUING ABOUT FOR 200 YEARS IS THE REGIONSHIP OF HUMAN BEINGS ONE OF DOMINATION AND OPPRESSION OR ONE OF POTENTIAL FRUITFUL COOPERATION? THAT IS — [ Applause ] — THAT’S THE QUESTION [ Applause ]>>IN THE POPULIST NATIONALIST MOVEMENT IN EUROPE IS I’VE GONE AROUND AND MET LEADERS. I’M NOT AN ADVISER TO THESE INDIVIDUALS. SEA GROUP CALLED THE MOVEMENT TO BE KIND OF THE INTERCONNECTIVE TISSUE THAT CAN HELP THEM FOLK UPS O EUROPEAN PARLIAMENTARY ELECTIONS NEXT YEAR. I HAVEN’T HEARD ONE SAY THEY WANT TO DESTROY WE CAN TALK ABOUT THE SOVEREIGNTY OF THE COUNTRY. THEY WANT THEIR COUNTRIES BACK AND THEY WANT THEIR COUNTRIES TO BE SOVEREIGN ENTITIES. AND THEY WANT THEIR CITIZENS TO BE EMPOWERED AND NOT TO REPORT TO THESE TRANS NATIONAL ENTITIES THAT HAVE NO ACCOUNTABILITY. THE ECB AND THE E.U. THEY WANT TO MAKE THE EUROPEAN UNION, NOT THE UNITED STATES OF EUROPE WHERE ITALY’S LIKE SOUTH CAROLINA AND FRANCE IS GEORGIA. THEY WANT TO MAKE IT A COLLECTION OF SOVEREIGN INDIVIDU W WHY IS THAT SO HARD AND WHY IS THAT DEMONIZED? WHY IS THE NATION STA THA BEEN WITH US SINCE THE TREATY OF WESTFALIA AS THE CENTRAL BUILDING BLOCK OF OUR WORLD? WHY IS ALL OF A SUDDEN THE NATION STATE SO SCORNED? WHY IS THE TERM “NATIONALISM” SO SCORNED AND DEMONIZED? WHAT PEOPLE WANT IS SUBSIDIARY. THEY WANT AS MUCH CON AS TH WILL — CAN HAVE AS CITIZENS AND THERE’S THROUGH THE . DONALD TRUMP GAVE THAT BACK TO THE AMERICAN PEOPLE. I KNOW YOU MAY MOCK AND RIDICULE IT BUT THE ECONOMIC TURNAROUND DIDN’T COME FROM OBAMA. AND EVERYBODY IN THE U. [ Some Applause ] THE MOST PROGRESSIVE PRESIDENT IN THE UNITED STATES, AND HE CAN’T DEFEND THIS — FLOODED THE ZONE AND BAILED OUT THE ELITE IN OUR COUNTRY. WE HAVE SOAL IN THE UNITED STATES FOR THE VERY WEALTHY AND THE VERY POOR AND A BRUTAL FORM OF DARWINIAN CAPITALISM FOR EVERYBODY ELSE. THE DEVIL CATCH THE M THAT’S WHAT THE FUTURE ENTAILS IF WE DON’T GET THIS RIGHT. IN TRUMP’S ADMINISTRATION AND FURAT IF WE DON’T BRING OUT THE BENEFITS OF CAPITALISM, IF WE ALLOW THE MILLENIALS — THE MILLENIALS ARE NOTHING BUT 18TH CENTURY RUSSIAN SERFS RIGHT NOW. THEY’RE BETTER FED, BETTER CLOTHED, THEY HAVE ACCESS TO MORE INFORMATION. THEY DON’T OWN ANYTHING AND THEY’RE NOT GOING IHI BECAUSE OF WHAT OBAMA DID, THEY’RE 20% BEHIND TODAY WHERE THEIR PARENTS WERE. AND THEY LIVE IN AN ECONOMY, THEY CAN’T AFFORD A HOUSE, THERE’S NO PENSION PLANS. THERE’S NO CAREERS. THAT, BY THE WAY, IS THE BIGGEST POTENTIAL FOR OUR POPULIST MOVEMENT IS IA BECAUSE THEY’RE GOING TO SEE THE LOGIC OF WHAT WE ARE TALKING ABOUT. ONCE AGAIN, AND DAVID, WE ARE NOT SAYING WE SHOULD WE’RE NOT SAYING — YOU’RE JUST — YOU JUST DON’T LIKE IT NOW BECAUSE THE ESTABLISHMENT — REPUBLICANS CAN’T WHAT YOU SERVE UP IN ALL YOUR BRILLIANCE — [ Applause ]>>THEY BRING ME TO TORONTO TO DEFEND THE OBAMA ECOCO [ Laughter ] [ Applause ] THIS IS A WEIRD ARGUMENT TO BE HAVING AT THE END OF THE WORST MONTH IN FINANCIAL MARKETS SINCE THE FINANCIAL CRISIS O THE FINANCIAL MARKETS ARE TELLING YOU THAT TRUMP ECONOMY IS CAREENING TO DISASTER. STEVE BANNON CARES A LOT ABOUT MANUFACTURING JOBS. SINCE THE BOTTOM OF RECESSION, I’VE LOOKED ALL THESE THINGS UP. I DON’T CARRY THIS STUFF IN MY HEAD. SINCE THE BOTTOM OF RECESSION, THE UNITED STATES ECONOMY CREATED 1.2 MILLION MANUFACTURING JOBS. TWO-THIRDS OF THOSE JOBS WERE CREATE THE WHILE BARACK OBAMA WAS PRESIDENT, ONE-THIRD SINCE DONALD TRUMP HAS TAKEN THE PRESIDENCY. THE TRUMP ECONOMY IS THE CONTINUATION OF THAMA ECONOMY, BUT WITH MORE TARIFFS, MORE INFLATION AND HIGHER INTEREST RATESp] AND AS STEVE BANNON HIMSELF VERY ASTUTELY SAID, WITH A GIANT FINANCIAL CRISIS HEADING OUR WAY, BUT IT’S NOT CREATED BY BEN BERNANK C PRESIDENCY. HOW THE 307LISM ALWAYS ENDS IN ECONOMIC DISASTER BECAUSE POPULIST ECONOMICS IS NOT INTERESTED IN RESULTS AND NOT INTERESTED IN THE FUTURE. IT IS AN ATTEMPT TO EXPLOIT EMOTIONS TO GAIN POWER. PRESIDENT TRUMP ON THE CAMPAIGN TRAIL HAS COMPARED — KEPS ACCUSING THE DEMOCRATS OF WANTING TO TURN THE UNITED STATES INTO VENEZUELA. BUT HIS POLICIES REALLY ARE INSPIRED BY JUAN PERFECTON’S ARCH TEE NACHLT HIGH TARIFFS, MASSIVE — THE UNITED STATES IS GOING TO RUN A TRILLION DOLLAR DEFICIT IN THE COMING FISCAL YEAR. A BIGGER DEFICIT THAN GEORGE H. BUSH RAN TO WIN THE FIRST GULF WAR AND A BIGGER DEFICIT THAN GEORGE W. BUSH RAN TO FIGHT THE SECOND GULF WAR. ALL OF THIS IS COMING IT TO A HEAD AND THE FINANCIAL MARKETS AR THI YOU KNOW, IT IS A FUNNY THING TO TALK ABOUT MILLENIALS HERE. I DON’T KNOW TOREL A FEW? SOME OF MINE? [ Applause ] THEY’RE UNPERSUADED. THEY’RE UNPERSUADED. THEY’RE UNMOBILIZED. BECAUSE LIKE ALL PEOPLE, MILLENIALS — LIKE ALL HUMAN BEINGS, LIKE EVERY GROUP, EVERY ONE OF US, THEY CAN FEEL WHEN THEY ARE RESPECTED AND THEY KNOW WHO HAS THEIR INTERESTS AT HEART AND THEY ARE GOING TO DEMONSTRATE ON TUESDAY WHO THEY FEEL IS NOT PROTECM. [ Applause ] BUT THIS DEBATE INVOLVES IN ANOTHER WAY. WHAT WE’RE REALLY ARGUING ABOUT IS NOT WHO’S RIGHT OR WRONG. ALTHOUGH, OF COURSE, I’M RIGHT. WE’RE ARGUING — [ Laughter ] WEE ARGUI ABOUT TO WHOM DOES THE FUTURE BELONG? IT’S POSSIBLE TO BE RIGHT AND STOSE BUT THE FUTURE BELONGS TO MY SIDE OF THE ARGUMENT BECAUSE THE FUTURE ONLY BELONGS TO THOSE WHO THE FUTURE DOES NOT BELONG TO THOSE WHO EMULATE THE FUTURE IN ORDER TO ACHIEVE A TEMPORARY ADVANTAGE. THAT IS THE POLICY OF THE TRUMP ADMINISTRATION. THAT’S WHAT A HIGH INFLATION, HIGH TARIFF PARTIES ACROSS EUROPE ARE. THEY DON’T KNOW WHAT THEY WANT TO DO. THEY ONLY KNOW WHO T AND HATE DOESN’T BUIAp>>THIS IS JUST TOO GOOD. SO I’M GOING PUT ANOTHER THREE MINUTES ON THE CLOCK FOR YOU, STEVE. YOU’RE NOT GETTING OFF TOO EASY TONIGHT. ANOTHER THREE MINUTES. COMEBACK ON DAVID ON >>YOU KNOW, THIS IS THE WHOLE THING. THE OTHER SMEAR. WHICH, YOU KNOW, I NEVER THOUGHT DAVID WOULD STOOP TO, GIVEN HIS — MY ESTEEM FOR HIM AS A PUBLIC INTELLECAL. THIS WHOLE THING ABOUT HATE, YOU KNOW, DONALD TRUMP, IS SUPPOSED TO HATE MUSLIMS. RIGHT? HE’S SUPPOSED TO HATE — ISLAMAPHOBE. E FIRST PLACE DONALD TRUMWENT? READ THE BOOK. [ Laughter ] HANG ON. HANG ON. HANG ON. HANG ON. HANG ON. IT WAS TO BRING — [ Crowd Noise ] [ Laughter ] THE ISLAMIC WORLD HAD REACHED OUT TO US. THERE HAS BEEN LIMITED ENGAGEMENT DURING THE OBAMA ADMINISTRATION. ADMINISTRATIOD WITH IRAN. SO THE FIRST SUMMIT IN RIYADH WAS SET UP TO TALK ABOUT AND DISCUSS THREE THINGS THAT THEY BROUGHT UP. NUMBER ONE, HOW DO YOU ERADICATE ISLAMIC TERRORIST FROM T FACE OF EARTH? BY CUTTING OFFER THE FINANCING. NUMBER TWO, HOW DOES THE ARAB WORLD COME TOGETHER AS ONE WITH ISRA ISRAEL AND NUMBER THREE, THE ISLAMIC WORLD SAYS WE KNOW WE HAVE TO GO THROUGH SOME FORM OF MODERNITY. CAN YOU ASSIST US IN SOME WAY? WE HAVE TO DO THIS OL THREE ASPECTS THEY ASKED FOR, EVEN BEFORE THEY WON THE ELECTION, WHEN TRUMP MET WITH THEM IN THE U.N. HOW DOES TRUMP GET TO BE CALLED A HATER? HE WENT OVER THERE AND SAID, HEY, HERE’S THE SYSTEM OF HOW WE STOP THE FINANCING OF RADICAL ISLAMIC TERRORISM BECAUSE IT’S BLOWING BACK ON YO IN WESTERN EUROPE AAT LOOK AT THE IMPROVEMENT WE’VE MADE IN JUSTEARS LOOK AT THE ERADICATION OF THE PHYSICAL CALIPHATE OF ISIS THAT WAS DONE IN CONJUNCTION. REMEMBER IN 2014, ISIS HAD EIGHT MILLION PEOPLE UNDER SLAVERY. THEY HAD OIL WELLS, THEY WERE TAXING PEOPLE. THAT WAS TRUMP COMING TOGETHER WITH THE MUSLIM WORLD TO DESTROY [ Applause ] IN ADDITION, IT WAS THE BEGINNING OF AN ALLIANCE, A BEGINNING OF A PARTNERSHIP, AS IMPERFECT AS IT IS IN THAT PART OF THE WORLD. WITH THE AD IN ISRAEL AND THE UNITED STATES AND THE NATIONS ULTIMATELY OF EUROPE TO STOP THE EXPEDITIONARY EXPANSIO THE THIRD WAS TO ASSIST THE ARAB WORLD IN ANY WAY, IN ANY WAY, UNDERSTANDING THEY HAV TO DO IT JUST LIKE CHRISTIANITY HAD TO DO TO GO THROUGH ITS OWN ENLIGHTENMENT. AND YET TRUMP IS SMEARED EVERY DAY AS AN ISLAMAPHOBE AND A TE HE’S ANYTHING BUT. AND IT’S HIS ACTIONS. HIS ACTIONS. HIS HACKSES. — HIS ACTIONS. IT’S THE SIG — HIS ACTIONS. IT’STI- HI NOISE, I UNDERSND, A FLASH-BANG GRENADE,K [ Applause ]>>YOU GUYS HAVE BEEN SUPERB. YOU’VE PRACTICALLY MADE ME IRRELEVANT IN THIS DEBATE. AND THAT’S A SIGN OF A GREAT DEBATE WHEN THE MODERATOR DOESN’T HAV STEP IN. I WANT TO JUST COVER OFF THE CONSCIOUS OF OUR TIME. I WANT TO COVER OFF A COUPLE OF QUESTIONS THAT I KNOW ARE ON PEOPLES’ MINDS WATCHING ON-LINE AND IN THIS AUDIENCE. DAVID, I’M GOING TO START WITH YOU AND THE MID-TERMS. TUESDAY, CRITICAL TEST OF THIS HE SEEMS TO HAVE CAMPAIGNED OUT OF A POPULIST PLAYBOOK, A HARD MESSAGE ON IMMIGRATION. SOME WOULD SAY SHOCKING MESSAGE ON IMMIGRATION. HARD MESSAGE ON CHINA AND ON AND A DEMONIZATION MEDIA AND SO-CALLED ELITES WHY ISN’T THAT A POWERFUL PROOF POINT FOR YOUR OPPONENT HERE TONIGHT, THE EFFECTIVENESS OF THOSE POPULIST MEMES SEEM TO HAVE WITH THE AMERICAN VOTS AS OPPOSED TO YOUR LIBERAL IDEALISM?>>WELL, WE WILL SEE HOW POWERFUL THEY ARE. I THINK DONALD TRUMP IS PRESIDENT NOT BECAUSE JUST OF THOSE NOTES BUT BECAUSE OF SOMETHING ELSE HE DID AND STEVE BANNON WAS THERE. THIS WASER. WHICH IS DONALD TRUMP CAMPAIGNED IN 2016 AS THE ONE REPUBLICAN WHO WOULD RESPECT AND PROTECT AMERICANS’ HEALTH INSURANCE. HE GAVE AN INTERVIEW IN SEPTEMBER TO DR. OZ. THAT’S A PROGRAM THAT PROBABLY A LOT OF PEOPLE IN THIS ROOM AND THE DREADED ELITES DO NOT WATCH BUT IT’S WATCHED BY A LOT OF PEOPLE, 80% OF HIS AUDIENCE HAS A HOUSEHOLD INCOME OF LESS THAN 30,000 A YEAR. DONALD TRUMP SAID ON T PROGRAM, WE’ GOING TO COME UP WITH PLANS, HEALTH CARE PLANS, THAT WILL BE SO GOOD AND SO MUCH LESS EXPENSIVE, BOTH FOR THE COUNTRY AND FOR THE PEOPLE AND LACK OF DETAIL. BUT YOU HEAR THE COMMITMENT. SO WHAT DID HE DO? NOTHING. HEALTH CARE UNDER DONALD TRUMP IS CLEARLY ESPECIALLY FOR THE DR. OZ AUDIENCE, WORSE. HIS ADMINISTRATION’S RIGHT NOW IN COURT TRYING TO MAKE IT POSSIBLE FOR INSURANCE COMPANIES TO DENY COVERAGE TO PEOPLE WHO ARE ALREADY ILL. AND THE DEMOCRATS ARE TALKING ABOUT HEALTH INSURANCE. REPUBLICANS SHOULD HAVIO ONE OF THE DREADED ELITES WHO I QUITE LIKE, MITT ROMNEY, HE DID. HE ACTUALLY GOT THE LARGER SHARE OF THE POPULAR VOTE THAN DONALD TRUMP. BUT THE BALL DIDN’T BOUNCE RIGHT FOR HIM AND THE ELECTORAL COLLEGE SO HIS JOB WAS LEFT FOR BARACK OBAMA TO DO. BUT THAT IS GOING TO BE A POUNDING BECAUSE THE PEOPLE WHO WE ARE SUPPOSEDLY HERE TO PROTECT, THE PEOPLE THAT — IF WE ACTUALLY ARE CONCERNED FOR THEM AND ARE NOT JUST USING THEM, THEY NEED A HEALTH SYSTEM THAT WORKS FOR THEM AND DONALD TRUMP HAS BLOWN IT UP. [ Applause ]>>STEPHEN, ON A MID-TERM QUESTION ALSO. YD THIS IS A CRITICAL TEST OF YOUR GUY, THIS PRESIDENT. IF HE DOES NOT MAINTAIN BOTH HOUSES, HIS PRESIDENCY IS IN REAL DANGER. ACCORDING TO YOU. THAT’S THE END OF HIS POPULIST MOVEMENT. THAT’S THE END OF YOUR POPULIST ICO>>WE’RE JUST IN THE TOP OF THE FIRST INNINGF S THIS IS A CRITICAL TEST. THERE’S NO DOUBTU I THINK IF YOU LOOK AT WHAT’S GOING TO HAPPEN, I BELIEVE WE’LL HOLD THE SENATE AND I THINK IT’S A COMPLETE DOG FIGHT FOR THE HOUSE. SE IF WE LOSE THE HOUSE OF REPRESENTATIVES, I HAVE TD YOU, AND I’VE SEEN DAVID TALKING ON TV, THE TRUMP PROGRAM WILL GRIND TO A HALT. THERE’S NO DOUT REMEMBER, WE UNDERST’S BOTH BREXIT AND 2016 ARE INEXTRICABLY LINKED. LOOK AT BREXIT TWO YEARS LATER. THERE’S NO CLOSER TO A DEAL WHEN THEY FIRST STARTED BECAUSE THE ESTABLISHMENT WASN’T G PAT THE BRITISH WORKERS HEAD, WHAT A GREAT IDEA. LIKE DONALD TRUMP, THEY’RE NOT GOING TO PAT HIM ON THE HEAD AND SAY, THIS IS FANTASTIC, ALL YOUR POPULIST IDEAS, WHY DON’T YOU TAKE THE KEYS AND RUN FOR IT? YOU’RE GOING TO HAVE TO WIN ELECON ELECTION AND I THINK THE TRUMP BASE UNDERSTANDS THAT. I ANTIPATE GOING TO TURN OUT. I WANT TO ADDRESS ONE THING WITH DAVID. WE WON AS A COALITION. WHEN THE FIRST THING I DID WAS REACH OUT TO THE REPUBLICAN ESTABLISHMENT IN MID-AUGUST. WE HAD TO WIN AS A COALITION. JUST LIKE THE REAGAN COALITION, WE HAD, YOU KNOW, OM CONSERVATIVES AND YOU HAD ANTI-CO AND YOU HAD THE RELIGIOUS RIGHT. WE HAD THE SAME THING. WE HAVE TH ESTABLISHMENT. WE HAD THE POPULIST NATIONALIST MOVEMENT AND LIMITED GOVNMENT CONSERVATIVES. E BD COALITION. THAT’S WHAT NEEDS TO COME TOGETHER TO WIN. IN GOVERNING, DAVID, WE TURNED IMMEDIATELY TO THE REPUBLICAN PARTY. OUR PAIN WE SAID, WE’VE GOT I GIVE US THE KEYS ON HEALTH CARE. WE’VE BEEN WORKING ON THIS FOR SEVEN YEARS. THE ENTIRE DEBACLE ON HEALTH CARE IN THAT FIRST YEAR WAS 100% THE REPUBLICAN ESTABLISHMENT. IT TURNS OUT THEY DIDN’T REALLY HAVE AN IDEA ABOUT OKAY. THE SAME THING WITH TAXES. REMEMBER, WE WERE GOING TO START WITH A BORDER ADJUSTABLE TAX THAT PAUL RYAN HAD WORKED FOR SEVEN YEARS ON. IN NINETY DAYS THAT GOT BLOWN UP AND WE HAD TO DO THE TAX PLAN WE HAD, OF WHICH, BY THE WAY, I ARGUED, AS MANY OF YOU YOU KNOW, THAT READ “THE WALL STREET JO” IN OVAL OFFICE FOR 44% TAX RATE OF PEOPLE THAT MAKE OVER $5 MILLION A YEAR AND I WAS BLOWN UP. I WAS BLOWN BY THE PROGRESSIVE DEMOCRATS THAT WERE IN THE ADMINISTRATION. T WHO FORCED IN THE BIG TAX CUTS, WHICH PRESIDENT TRUMP IS NOW REALIZED, I THINK, WAS NOT ACTUALLY THE BEST THING TO DO. THAT’S WHY HE BROUGHT THE MIDDLE CLASS TAX CUT K. IT DID — [ Laug NO, IT TAKES A WHILE — HE’S GETTING HIS SEA LEGS. YOU DON’T START DAY ONE. [ Laughter ]>>DAVID, DO YOU WANT TO — >>SEA LEGS. I THINK THAT’S A GREAT SEGUE. BRINGING SOME PROMISE TO THIS CONVERSATION. BE DEFENCE OF DONALD TRUMP IE JI [ Applause ] HE’S NOT THE BEST DEFENCE IS, YOU KNOW, HE LOOKS CRUEL AND UNFEELING AND BIGOTED AND HATEFUL BUT REALLY THE PROBLEM IS HE’S JUST NEVER RUN A LARGE ENTERPRISE BEFORE HE CERTAINLY NEVER PAID HIS DEBTS BEFORE. SO HOW COULD HE DO IT THE BUCK MUST STOP AN DONALD TRUMP DID ALL THIS. HE SIGNED ALTH IT’S AN AMAZING FACT ABOUT THE PRESIDENCY THAT YOU DO HAVE TO DEAL WITH OPLE YOU DO HAVE TO BUILD COALITIONS, IF I CAN’T DO THAT, YOU’RE NOT VERY GOOD AT THE JOB OF BEI >>THE ECONOMY IS NOT ONLY GROWING AT 3, 3 AND A HALF, SOME SAY, MAYBE 4%. I REALIZE WE OWE PRESIDENT OBAMA ALL THAT. 3 1/2%. TRUMP IS TAKING LIQUIDITY OUT OF THE MARKETS. HE’S TAKEN 360 BILLION AND QUANTITATIVE TIGHTENING. HE’S NOT OPENED UP TO LIQUIDITY. WHAT HE’S DO HE’S THE ONE TRYING TO REJUVENATE NATO. HE IS THE ONE THAT’S SITTING THERE GOING, HEY — YOU CANNOT — LISTEN — THE BRITISH CAN PUT UP ONE COMBAT COMBINATION. THE FRENCH TWO COMBAT DIVISIONS. YOU KNOW, ALL THE REST OF NATO A COMBAT DIVISION. THE UNITED STATES CAN’T BEAR THE ENTIRE BURDEN. WE HAVE A TRILLION DOLLAR DEFENCE BILL. I KNOW IT SAYS 780 BILLION DOLLARS. IT’SLL OKAY. WE CAN’T AFFORD TO CONTINUE TO T IT’S NOT THAT WE DON’T WANT TO BE ENGAGED IN THE WORLD AND WE WON’T BE ENGAGED IN THE WORLD. BUT WHAT TRUMP IS SAYING FROM EUROPE TO THE PERSIAN GULF, SOUTH CHINA SEA, NORTHWEST EUROPE, IT’S TRADE DEALS, COMMERCIAL RELATIONSHIPS, CAPITAL MARKETS AN THAT HAS TO CHANGE. WE HAVE TO HAVE PARTNERS LIKE WE HAVE ALLIES IN CANADA, IN ISRAEL AND THE E.U. EVERYBODY ELSE HAS TO STEP UP AND BE AN ALLY. WE’RE NOT LOOKING FOR PROTECTORATES. THAT’S WHAT TRUMP’S SAYING. I HAVEN’T SEEN ONE — I HAVEN’T SEEN WHAT THE DISCUSSION OF POPULISM TO DEVOLVE TO A TRUMP’S PRESIDENCY. I HAVEN’T SEEN A BAD DECISION FROM YE WE’LL BE TALKING ABOUT — [ Laughter ]>>WHEN WE TALK ABOUT TRUMP AND NATO, WE TALK ABOUT TRUMP AND NATO, THIS IS WHERE I REALLY FEEL FOR THE POINT OF STEVE BANNON’S PO STEVE BANNON WORE THE UNIFORM OF THE UNITED STATES. I BELIEVE YOUR DAUGHTER WEARS IT NO [ Applause ]>>STEVE BANNON DESCRIBED TRUMP — THE TRUMP FAMILY’S MEETING IN TRUMP TOWER WITH AGENTS OF THE RUSSIAN STATE AS BORDER LINE TREASO [ Applause ] SO I ACCEPT THAT YOU BELIEVE IN AMERICA’S DEFENCE RELATIONSHIP WITH ITS TRADITIONAL ALLIES BUT YOUR PRESIDENT DOES NOT AND HIS FAMILY DOES NOT, AND THEY ARE SELLINE A [ Some Applause ]>>DAVID, DO YOU DISAGREE, THOUGH — LET’S TALK ABOUT NATO — BECAUSE THIS IS ABOUT AMERIC DONALD TRUMP IS TRYING TO SAVE THAT ALLIANCE. WHAT HE’S SAYING IS PEOPLE HAVE TO PUT IN 2% OF GDP. IT JUST CAN’T CONTIN WHEN WE FIRST STEPPED IN, WE PUT A $30 BILLION SUPPLEMENTAL JUST BECAUSE OF OPERATIOE THE GERMAN — THE ITALIAN-GERMAN DEFENC T WE’RE NOT LOOKING FOR PROTECTERS AND THAT’S WHAT TRUMP’S SAYING. TRUMP IS MORE ENGAGED IN THE PERSIAN GULF. HE’S MORE ENGAGED IN THE SOUTH CHINA SEA. HE’S MORE ENGAGED IN THE SNORT WEST PACIFIC. HE’S MORE ENGAGED IN NATO THAN ANY PRESIDENT IN LIVING MEMORY. HE’S DOING IT IN WAY TO SAY, HEY, WE CAN’T BEAR THE ENTIRE M THE DEPLORABLES, IT’S ALL ON THEIR SHOULDERS. IT’S THEIR KIDS AND EI AND IT’S COME TIME THAT WE’RE NOT LOOKING TO BE AN EMPIRE. WE’RE NOT AN IMPERIAL POWER, WE’RE A REVOLUTIONAO>>IT’S A SUGGESTION — e]>>IF THE SUGGESTION IS, AS YOU MADE A COUPLE OF TIMES, THAT IT’S THE DEPLORABLES, MEANING TRUMP SUPPORTERS, WHO ARE DOING THE FIGHTING FOR THE UNITED STATES, THIS IS AN EXAMPLE OF ONE OF THE REAL ILLS OF POPULISM, BECAUSE MAY I REMIND YOU THAT FORCE IS ONE-THIRD MADE UP OF NON-WHITE PEOPLE WHO CERTAINLY DID NOT VOTE FOR DONALD TRUMP AND THEY GET FORGOTTEN AND OMITTED FROM THE STORY. WE HAVE TO BE ABLE TO, AS WE SEE, AS WE SEE THE COUNTRY, AS WE SEE THE UNITED STATES, TO SEE IT AS IT IS. YOU’RE ONLY A PATRIOT IF YOU LOVE YOUR COUI NOT AS YOU IMAGINE IT MIGHT HAVE BEEN IN TH AND NOT IF YOU BEGIN TO CHOP OFF GROUPS OF PEOPLE YOU THINK DOE DONALD TRUMP ON NATO — DONALD TRUMP IT’S UP TO HIM, NATO COUNTRIES ARE NOT BEING DEFENDED. ETS TONIA, HE TOLD MAGGIE ABERMAN IN AN INTERVIEW AT THE TIME OF THBLIC CONVTION, NOT GOING TO DEFEND IT IF IT’S UP TO HIM. — ESTONIA IS A NATO PARTNER. OVERHANG ALL OF THIS. I DON’T THINK YOU CAN TALK ABOUT THE TRUMP FOREIGN POLICY. THEY ALL HAVE SOME SINISTER MURKY CONNECTION TO THE NATIONAL FUND FUNDED BY THEM. YOUR ITALIAN FRIENDS, AND AS I SAID, I DID NOT PUT YO I DON’T KNOW HOW YOU, HAVING WON THE UNIFORM, CAN SIT WITH THESE PEOPLE WHO HAVE THE SINISTER CONNECTIONS WHO KNOW THERE IS SOMEONE ELSE WHO DOES NOT HAVE THE INTERESTS OF YOUR COUNTRY, MY ADOPTED COUNTRY AT HEART, AND HE IS CALLING THE TUNE FOR ALL OF THESE POPULR [ Applause ]>>I WANT TO RETURN TO RUSSIA IN A SECOND. BUT I WANT TO TALK ABOUT THE FIRST ONE. MY DAUGHTER, WHEN SHE HAD HER LAST COMMAND, SHE’S BACK AT WEST POINT WHERE SHE’S ON THE STAFF — I THINK SHE HAD FIFTEEN COMMISSIONED OFFICERS, ALL OF 24E78 AFRICAN OR HISPANIC. I THINK SOMETHING LIKE A THIRD OR 40% OF THE UNITED STATES TODAY IS MADE UP OF AFRICAN-AMERICANS ALONE. DONALD TRUMP UNDERSTANDS THAT. THE DMOSHLS UNDERSTAND THAT. REMEMBER, ONE OF THE FOCUSES WE HAVE, THAT’S WHY HISPANIC EMPLOYMENT IS SO LOW. ONE OF THE FOCUSES WE HAVE IS A POPULIST MOVEMENT IS TO TAKE 25% OF BERNIE SANDERS’ MOVEMENT, THE ECONOMIC NATIONALS OF THAT, THE FOCUS — I’VE SAID THIS FROM DAY ONE, IT’S TO GET A THIRD TO 40% OF THE AFRICAN-AMERICAN VOTE AND A THIRD OR 40% OF THE HISPANIC VOTE. THE WORKING CLASS AND MIDDLE CLASS. THAT REALIGNMENT, THAT REEH EMPLOYMENT WITH THE TRU BASE, WILL GIVE US GOVERNING MAJORITY FOR FIFTY YEARS. WE’LL BE LIKE 1932. 1.8 MILLION AFRICAN-AMERICANS HAVE VOTED FOR BARACK OBAMA DID NOT VOTE FOR HILLARY CLINTON. NOW THEY WPATR AND I THINK YOU’LL SEE THE SAME THING THEY MAY NOT BE PREPARED TO VOTE FOR DONALD NO IT’S A PROCESS. I THINK THAT THE DEMOCRATIC PARTY IS GOING TO BE IN COMPLETE SHOCK ON TUESDAY ABOUT THE TURNOUT OF THE AFRICAN HEN AMERICAN VOTE. AND I THINK THE HISPANIC VOTE. >>IF DONALD TRUMP AND HIS REPUBLICAN PARTY, AS IT’S BEEN REMADE, NOT MCCAIN PARTY, NOT THE BUSH PARTY, NOT THE PARTY I BELIEVE IN, IF THEY BELIEVE THAT AFRICAN-AMERICANS WERE TO VOTE FOR THEM THEY WOULD ALLOW THEM TO VOTE RATHER THAN BENDIN [ Applause ] [ Cheering and Applaus>>THE OUTCOME OF THE RACE IN GEORGIA DEPENDS ON WHETHER BLACK PEOPLE ARE ALLOWED TO VOTE. IT’S THE FIFTEENTH AMENDMENT AND SO MANY PROMISES SINCE THEN HAVE SAID THEY SHOULD BE ALLOWED TO AND THE CANDIDATE THERE IS DOING EVERYTHING HE CAN TO STOP THEM. WHAT HAPPENED IN 2016 — IT’S TRUE — BLACK VOTER TURNOUT DROPPED OFF DRAMATICALLY BETWEEN WELL, YOU MIGHT SAY THAT KIND OF MAKES SENSE. SOMETHING ELSE WAS WEIRD ABOUT WHICH IS HILLARY CLINTON GOT FEWER BLACK PEOPLE FRO SMALLER PERCENTAGE OF BLACK PEOPLE TURNED OUT TO VOTE FOR HILLARY CLINTON THAT TURNED OUT TO VOTE FOR JOHN KERRY IN 2004. THAT’S HARD TO EXPLAIN UNLESS YOU REMEMBER THAT BETWEEN 2010 AND 2016, A LOT WAS DONE TO MAKE IT MUCH MORE DIFFICULT FOR THOSE ETHNIC MINORITIES IN THE UNITED STATES TO VOTE. AND THAT IS NOT HAPPENING BY ACCIDENT. IT’S A PLAN. AND YOU CANNOT SAY — THIS IS WHY I KEEP RETURNING TO THE — POPULISM IS NOT A POLITICS OF SOME OF THE PEOPLE. IT IS THE POLITICS OF SOME OF THE PEOPLE DEFINING OTHERS OF THE PEOPLE AS NOT BEING OF THE PEOPLE AT ALL AND MANY OF THE PEOPLE, INCLUDING ITS FREE MEDIA INSTITUTIONS, ARE ENEMIES TO BE SENT PIPE BOMBS TO THROUGH THE MAIL BY SUPPORTERS O [ Applause ]>>AND THAT’S A QUESTION WE’VE GOT TO ADDRESS TONIGHT, STEPHEN, WHICH IS THE INCREDIBLE HATE THAT HAS SEEMED TO SURFACED DURING THESE MIDTELEI YOU KNOW, YOU ARE THE AVOWED ARCHITECT OF THE MUSLIM TRAVEL BAN IN THE UNITED STATES. YOICTH YOU ARE SOMEONE — >>THE TRAVEL BAN THAT WAS UPHELD BY THE SUPREME COURT OF THE UNITED STATES. THAT TRAVEL BAN?>>THAT TRAVEL BAN. >>YOU ARE SOMEONE WHO’S PARTICIPATED IN RALLIES WHERE DEMOCRATIC OPPONENTS ARE CALLED EVIL, UNAMERICAN. ARE YOU REALLY GOING TO SAY TO THIS AUDIENCE TONIGHT THAT ALL OF THAT VITRIOL, ALL OF THAT HOT POPULIST RHETORIC IS NOT RESPONSIBLE FOR THE SPIKE THAT WE’VE SEEN AND THE NUMBERS ARE REAL, IN TERMS OF POLITICAL VIOLENCE AND EVEN WORSE, WHITE SUPREMACIST TERROR?>>YOU LOOK — BY THE WAY, DID HILLARY CLINTON NOT TWO WEEKS AGO OR THREE WEEKS AGO — >>WE’RE GETTING OFF TOPIC HERE.>>NO. NO. THIS IS T TOPIC. THE TOPIC IS — >>ANSWER THE QUESTION. >>HANG ON. NOBODY FOCUS ON — >>CAN YOU ANSWETI>>NO. [ Crowd Noise ]>>THERE IS NO CORRELATION BETWEEN — THERE IS NO CORRELATION. IN>>THERE’S JUST NO CORRELATION BETWEEN THE RHETORIC OF OUR MOVEMENT AND WHAT HAS GONE ON. THE FIRST INDIVIDUAL WAS OBVIOUSLY MENTAL ILL FOR MANY, MANY DECADES. HE HAD DONE THIS BACK IN THE NINETIES. AND THE HORRIBLE TRAGEDY IN PITTSBURGH WITH THE MA THOUGHT TRUMP WAS TOO CLOSE TO THE JEWISH PEOPLE BECAUSE HE HAD MOVED TH — OUR EMBASSY TO JERUSALEM. HE THOUGHT TRUMP WAS TOO PRO THE JEWISH PEOPLE INA HE THOUGHT HE WAS TOO ANTI-BDS. THIS GUY WAS A HARD QUR’AN AT THIS SEMITE — HARD CORE ANTI-SEMITE. HOW DO YOU PLAY THAT ON DONALD TRUMP? THE RHETORIC ON THE LEFT IS JUST AS BAD. THE OPPOSITION PARTY MEDIA WIT. PLEASE SPARE ME. SPARE ME. AR I JUST MADE A FILM CALLED TRUMP AT WAR, THE FIRST FIVE MINUTES IS A PROLOGUE. WHAT I TOOK IS DON LEMON, DON LEMON — I RESPECT DON LEMON — I TOOK DON LEMON’S GREATEST HITS, WHEN HE LOOKS INTO THE CAMERA AND SAYS, IT’S NOT DONALD TRUMP’S RACIST. YOU’RE A RACIST. YOU’RE A XENOPHOBE. YOU’RE A RACIST. BACKERS OF DONALD TRUMP. AND I COVET WITH THE FOOTAGE OF ATIFA BEATING THESE PEOPLE UP. IF YOU WEAR A RED BALL CAP. SOMEBODY SAID, WHERE DID YOU GET THIS FOOTAGE? HEY, THIS IS SHOT BY THE CABLE NETWORKS. IT’ST BY PEOPLE. IT’S JUST NEVER PLAYED. IT’S ALWAYS TRUMP’S SUPPORTERS THAT ARE THE RACISTS. S IT’S ALWAYS TRUMP’S SUPPORTERS THAT AREL THEY NEVER TALK ABOUTATIFA AND THE INTIMIDATION. LOOK WHAT HAPPENED TO TED CRUZ DO NOT SIT HERE AND TELL ME THAT THE LEFT IN THE DEMOCRATIC PARTY AND THE INSTIGATORS LIKE HILLARY CLINTON HOLDER, HOLDER SAID, WHEN THEY GO LOW, KICK THEM. THAT’S NEVER MED THE VIOLENCE — THE VIOLENCE THAT’S BROUGHT UP BY THE DEMOCRATIC LEFT IS FAR WORSE THAN THE MOVEMENT. [ Some Applause ]>>A FEW MINUTES AGO THIS EVENING, STEVE BANNON SAYS WHEN YOU’RE ASSESSING PRESIDENT TRUMP YOU HAVE TO DISTINGUISH THE SIGNALS FROM THE NOISE, THE THINGS HE DOES FRO SA SO I WROTE WORDS FOR A PRESIDENT AND ONE OF THE THINGS I LEARNED WAS THAT WHAT A PRESIDENT SAYS IS WHAT A E [ Some Applause ] NOW, I — OBVIOUSLY PRESIDENT TRUMP IS IN NO WAY ACCOUNTABLE FOR THAT TERRIBLE CRIME IN LY WHAT HE IS ACCOUNTABLE FOR IS WHAT HE DIDN’T DO DECENTLY DS [ Applause ] THAT HE COULD NOT FIND WORDS — HE COULD NOT FIND SOMETHING IN HIMSELF. NOW, THAT’S A PERSONAL FAILING. THAT MAYBE DOESN’T HAVE POLITICAL CONSEQUENCES. BUT THE PIPE BOMBS, THAT’S A DIFFERENT STORY. BECAUSE THAT PERSON WAS SOMEONE WHO’S PREVIOUSLY COMPLETELY UNPOLITICAL, BECAME POLITICAL IN 2016, BECAME OBSESSED WITH DONALD TRUMP AND EVERY ONE OF THE PEOPLE WHO GOT A PIPE BOMB WAS A NAMED TARGET OF PRESIDENT TRUMP’S. IF SOMEBO HAD LISTENED TO ERIC HOLDER AND HAD DECIDED TO TAKE HIM LITERALLY RATHER THAN MET GORDON O’CONNORALLY OBVIOUSLY HAD DONE, AND SOMEBODY HAD GONE ON A KICKING RAMPAGE AND KICKED SOMEBODY TO DEATH AND HAD — TURNED OUT HE HAD ERIC HOLDER POSTERS ALL OVER HIS ROOM, I BET WE SEE A PRETTY CONTRITE ERIC HOLDE BUT THAT DIDN’T HAPPEN. WHAT DID HAPPEN, THOUGH, WATT THE PIPE BOMBS WENT TO PRESIDENT TRUMP — THE PEOPLE HE HAD NAMED — PRESIDENT TRUMP SAID I BLAME THE PEOPLE WHO GOT THE PIPE BOMBS. >>DAVID, DAVID, DAVID — YOU JUST SAID THAT PRESIDENT TRUMP MADE THEM TARGETS. PRESIDENT TRUMP NEVER MADE THEM TARGETS. MAYBE IN SPEECHES OVER THIS TIME, HE SINGLED THOSE PEOPLE OUT. HE’S NEVER SAT THERE AND SAID THEY’RE TARGETS. YOU CAN’T EQUA. >>THERE ARE 330 MILLION PEOPLE IN AND MOST OF THEM, OF COURSE, LIKE ALL PEOPLE EVERYWHERE, ARE WONDERFUL, BUT SOME ARE DISTURBED AND DISTURBED PEOPLE — THE UNCONSCIOUS MIND ALWAYS SEEKS TO BE TAKEN SERIOUSLY, TO EXPRESS ITSELF IN TERMS THAT ARE INTELLIGENT. TS SET TONE AND GIVE PERMISSION. MOST OF US WILL NEVER BEHAVE WRONGLY, NO MATTER WHO THE PRESIDENT IS. THAT’S WHY AMERICAN SOCIETY IS NOT DISSOLVING AS WE SPEAK. BECAUSE OF PEOPLE ACTED LIKE PRESIDENT THE PLAC [ Laughter ] BUT THERE ARE PEOPLE WHO ARE AT THE CUSP AND WE’RE ASKING THEMSELVES, ARE MY BEHAVIOURS NORMAL? WE HAVE SEEN — THIS IS ONE OF THE REASONS THAT BREITBART WAS POWERFUL. UNA IK NOT FOR GOOD. YOU CAZA OF THIS HAPPENING EVEN WITHIN THE SO-CALLED LEGITIMATE CONSERVATIVE MEDIA. HOW MUCH MORE RADICAL FOX NEWS IS, HOW MUCH MORE CREDENCE IT GIVES TO CRAZY CONSPIRACY THEORIES AND HOW MUCH MORE, BY THE WAY, WHILE, OF COURSE, NO ONE WANTS VIOLENCE — HOW MUCH MORE AIRTIME IT GIVES TO SUBLIMINAL ANTI-SEMITIC MESSAGING. I TH YKN — >>ANTI-SEMETIC — >>I THINK EVERY JEW WHO HEARS THE WAY GEORGE SOROS IS TALKED ABOUT KNOWS THE TEXT BENEATH THE X WHEN GEORGE — I THINK IN A WAY, I TRY TO — I CAN’T, OF COURSE, PUT MYSELF COMPLETELY IN THE PERSON’S SHOES BUT TRY TO IMAGINE HOW MUCH TO BE TO BLACK PEOPLE OR TO MEXICAN-AMERICANS OR TO ASIAN-AMERICANS OR MEMBS OF ANY OTHER GROUP THAT THIS — WHEN YOU HEAR THIS BARRAGE AND YOU HEAR SOMETHING THAT SEEMS LIKE WE’RE TALKING ABOUT THIS ONE, THIS ONE SHADOWY MASTERMIND OF RADICAL PERSON WHO BENDS THE WORLD TO HIS WILL THROUGH HIS MONETARY CONSPIRACY, NOT EVERYBODY ELSE. JUST THIS ONE PERSON. WE ALL HEAR IT AND WE KNOW WHAT IS MEANT AND IT HAS RESONANCE THROUGH HISTORY AND WE FEEL E [ Applause ]>>BE CONSCIOUS OF TI>>CAN I RESPOND TO THIS?>>YES. >>ARE YOU GOING TO RESPOND TO IT?>>HOLD ON A SEC. >>RESPOND TO THAT? JUST SO THE AUDIENCE KNOWS WHERE WE’RE GOING AND GO TO CLOSE STATEMENTS. SUCH A GOOD TIME. I THOUGHT WE WOULD ENGAGE SOME MORE. LET’S OUR CLOSING STATEMENTS AND STILL HAVE COMBAT. GEORGE SOROS — I SAID IN “THE NEW YORK TIMS” THE OTHER DAY, GEORGE SOROS IS DEMONIZED BECAUSE HE’S EFFECTIVE. NOT BECAUSE HE’S JEWISH. HE’S BEEN VERY PROUD OF HOW EFFECTIVE HE’S BEEN. I KIND OF MODEL MYSELF AND MY NGOs ON GEORGE SOROS. THAT’S HOW EFFECTIVE HE’S BEEN IN EUROPE AND THE UNITED STATES. AND HE HAS NOT BEEN SHY ABOUT BRAGGING ABOUT THAT AND WHAT HE’S DONE, HOW MUCH MONEY HE’S PUT TO WORK. HE’S BEEN INCREDIBLY EFFECTIVE. IN THAT ARAS THAT REGARD, HE’S A ROLE MODEL ON HIS EFFECTIVENESS. OUT THERE, I’ SECURITY ALL THE TIME. AND I’M A GRUNDO YOU KNOW. IT’S THE EE ADMISSIONS PRICE. IT’S THE ADMISSIONS PRICE WHEN YOU’RE DEALING IN THIS TYPE OF ENVIRONMENT, IT’S THEIC AND THIS IS NOT ABOUT GEORGE SOROS BEING JEWISH. IT’S JUST LIKE GLOBALISTS. IT’S NOT SOME DOG WHISTLE FOR — IT’S NOT ABOUT THE I WILL YOU MEAN NATIONALITY OR THE FREE MASONS OR THE PROTOCOLS — I WILL YOU MEAN NATL- ILU MUCHLT ATISM: IT’S NO CONSPIRACY. IT’S IN YOUR FACE EVERY DAY. LOOK AT THE OP ED THAT WAS WRITTEN ABOUT PRESIDENT TRUMP THIS KIND OF ROLLING COUP IN HIS ADMINISTRATION. THE QUITE PROUD OF THE ESTABLISHED REPUBLIC W SAID, WE’RE THE STEADST THAT’S WHAT IT IS. THERE’S NO HIDDEN COCY AND THERE’S CERTAINLY NO SUBLIMINAL — THE COMMERCIAL THEY RIP ON PRESIDENT TRUMP WAS WRITTEN BY MYSELF AND STEVEN MILLER. STEVW THERE WAS NOTHING ABOUT — THERE WAS NOTHING — ANY CODE WORDS ABOUT THAT. IT WAS ALL ABOUT HILLA AND THIS IS THE THING THAT JUST — THAT THE ACID THAT’S DROPPED ON TRUMP EVERY DAY ABOUT THIS. THEY TRY TO DELEGITAMIZE HIM AS A PRESIDENT. HE IS NOT BEEN DELEGITAMIZED. HE HAS NOT. THIS IS THE NULLIFICATION PROJECT, DAVID, THAT STARTED FROM THE MON. THE ESTABLISHMENT REJECTED HIM. THEY CONSIDER HIM A CLOWN. THEY CONSIDER US CLOWNS AND AN AISLE OF MISFIT TOYS WHO RAN THIS CAMPAIGN AND AT LEAST REACHED OUT TO WORKING PEOPLE AND SAID, YES, YOUR CONCERNS ARE OUNS THAT’S WHY WE WON MICHIGAN AND WISCONSIN AND WHY WE WON OHIO. IT WASN’T TRUMP THAT DIDN’T USE BARA TO GO TO PLACES LIKE IOWA, WHERE HE HAD WON IN LANDSLE. OR OHIO OR THESE OTHER DISTRICTS. THRY THIS THING OF THE TOTAL DEMONIZATION — I UNDERSTAND HOW HEZ TRIGGERED PEOPLE. THAT’S WHY WE MAY LOSE THE HOUSE. THE LEFT. THE TIME’S UP MOVEMENT, THE RESISTANCE AND I DISAGREE WITH THE IDEOLOGY. I ADMIRE THEIR GRIT AND DETERMINATION BECAUSE THEY UNDERSTOOD SOMETHING THAT DAVID AND THE REPUBLICAN ESTABLISHMENT DID NOT GET. THAT DONALD TRUMP IS A TRANSFORMATIVE PRESIDENT IN A HISTORIC FIGURE. HE’S GOING TO BE IN YOUR LIVES TEN, TWENTY, AND THIRTY YEARS FROMO>>Crowd: [ Booing ]>>TS A NOVEL, ISN’T IT? AND IT’S JUST NOT ABOUT THE JUDGES AND THE 140 FEDERAL JUDGES AND THE APPELLATE COURT THAT ARE GOING TO GO TO 200. THEY’RE ALL GOING TO BE FEDERAL SOCIETY INTENTIONISTS AND ORIGINALISTS AND DECONSTRUCT THE ADMINISTRATIVE STATE. IT’S WT HE’S DOING FROM A LEGISLATIVE POINT OF VIEW. TRUMP IS — THAT’S — WHY DO YOU THINK THE LEFT HAS BEEN OUT THERE LIKE THE TEA PARTY? WHY DO YOU THINK THEY’VE BEEN OUT THERE SINCE APRIL AND MAY DOING THE HARD WORK OF POLITICS, KNOCKING ON DOORS? YOU KNOW WHY? THEY KNOW THEY HAVE TO STOP HIM ON TUESDAY OR HE’S GOING TO GET FURTHER IN THEIR LIVES. THEY UNDERSTAND HE’S TRANSFORMATIVE. HS AN HISTORICAL PRESIDENT. AND IT’S JUST GOING TO KEEP ON. >>CLOSING STATEMENTS. WE’RE GOING TO PUT FIVE MINUTES ON THE CLOCK FOR YOU, DAVID, AND THEN STEPHEN, AS PER CUSTOM, YOU GET THE LA W>>I APPRECIATE MY PROMOTION TO THRE MAYBE THAT WILL HELP ME GET A RESERVATION AT THE TRUMP HOTEL WHERE — WHERE THE LOBBYISTS AND THE MEMBERS OF CONGRESS GATHER IN OVERPRICED STEAKS AND PUT THE MONEY DIRECTLY INTO THE PR THAT SEEMS TO ME PRETTY MUCH WHERE THE REPUBLICAN IF DONALD TRUMP AND THE REPUBLICANS LOSE ON TUESDAY, AND IF THEY LOSE BADLY, IT’S NOT GOING TO BE BECAUSE OF THE LEFT, WHATEVER THAAN IT’S NOT BECAUSE OF THE FIFTY ANTIFA BLACK MASK GUYS WHO ROAM AROUND THE UNITED STATES BREAKING WINDOWS AND COMMITTI MAYHEM, MOST OF THEM WHO ARE PROBABLY PAID POLICEM DONALD TRUMP IS GOING TO LOSE BECAUSE A LOT OF PEOPLE WHO VOTED REPUBLICAN IN EVERY ELECTION SINCE 1984, ESPECIALLY WOMEN, ARE GOING TO SAY, ENOUGH. THIS IS NOT ME. THIS IS NOT AMERICA. [ Applause ] AND ACROSS EUROPE, ONE OF THE THINGS THAT NEEDS TO BE BOURNE IN MIND THROUGH ALL OF THESE SO-CALLED POPULIST PARTIES ACROSS EUROPE, NONE OF THEM ARE QUITE EVER ABLE TO GET AN ACTUAL MAJORITY OF THE VOTE. THEY GET STUCK AT ABOUT ONE-THIRD. AND SECRET OF THEIR POWER IS NOT DEMOCRACY. NOT TO WIN ELECTIONS. BUT TO MANIPULATE THE POLITICAL PROCESS, TO MANIPULATE THE MEDIA PROCESS, TO USE — TO BREAK INSTITUTIONS TO TAKE OVER COURTS, TO CORRUPT MEDIA, IN ORDER TO EXERT POWER IN ANTI-DEMOCRATIC WAYS. THAT IS INDEED WHAT DONALD TRUMP HAS BEEN DOING IN THE UNITED STATES. SLOW INSTITUTIONS. HE IS NOT A POPULAR FIGURE. POPULISM IS NOT POPUL POPULISM IS THE ART OF SUBDIVIDING THE COUNTRY AND EXCLUDING MUCH OF THE NATION FROM THE REST OF THE NATION IN ORDER TO JUSTIFYHEO WE ARE HERE TONIGHT TO TALK ABOUT WHERE THE FUT. AND WE ARE HERE — I’M GOING TO ASK YOU FOR A LITTLE BIT OF AN ACT OF FAITH — NOT JUST TO WEAR THESE, BUT TO THINK ABOUT WHAT THEY MEAN. WHAT THE SACRIFICE THA WE WEAR THESE TO REMEMBER PEOPLE WHO SHOULDERED ARMS AND THINGS SEEMED A LOT MORE HOPELESS THAN THEYW. A LOT MORE FRIGHTENING THAN THEY 1940, 1939. THINGS SEEMED WORSE. AND THE PEOPLE WE WERE UP AGAINST SEEMED MORE DANGEROUS. AND THE FORCES OF GOOD SEEMED MORE D BUT THEY PREVAILED. AND SO WILL WE. LIBERAL DEMOCRACY IS STRONGER THAN IT LOOKS BECAUSE HUMAN KINDNESS AND DECENCY ARE STRONGER THAN THEY LOOK. THE CRUEL ALWAYS THINK THE KIND WHEN THEY’RE GOING TO DISCOVER THAT LOYAL PATRIOTISM, THESE ARE TREMENDOUS RESOURCE AND IS THEY’RE GOING TO BEGIN TO BE FELT MORE AND MORE. IT’S BEEN A FIVE YEARS OF A LOSING HAND FOR THOSE WHO BELIEVE IN THE THINGS THAT I DO AND THAT I HOPE THAT MANY OF YOU DO. WHATEVER OUR PARTY IDENTIFICATION, WHETHER — WHATEVER YOU CALL YOURSELF, IF YOU BELIEVE IN FREE TRADE, IF YOU BELIEVE IN FREE AND SOCIETY, IF YOU BELIEVE IN AN EXECUTIVE, IT’S ACCOUNTABLE TO THE LEGISLATURE, IF YOU E HONEST GOVERNMENT, IF YOU BELIEVE THE HEAD OF GOVERNMENT SHOULDN’T STEAL AND DO BUSINESS ON THE SIDE AND SHOULDN’T BE BEHOLDEN TO VLADIMIR PUTIN, IF YOU BELIEVE THOSE THINGS, IT’S BEEN FIVE TOUGH YEARS. BUT AT ANOTHER DARK MOMENT, ANOTHER GREAT AMERICAN PRESIDENT, FRANKLIN ROOSEVELT, SAID, HISTORY RECORDED WHO FIRED THE FIRST SHOT BUT IN THE END, ALL THAT WILL MATTER IS WHO FIRES THE LAST SHOT. AND ON THIS ONE, THE FUTURE BELONGS TO PEOPLE WHO CHERISH R NOT THE PEOPLE WHO ARE DESPOILING IT AND THE PEOPLE WHO ARE INDIFFERENT AND UP FOR ADVANTAGE, NOT TO THE PEOPLE WHO KNOW WHAT THEY’RE AGAINST AND CAN ONLY TELL YOU HOW TO WRECK BUT THE PEOPLE WHO ACTUALLY HAVE THE ANSWERS TO THE CHALLENGES THAT WE, AS DEMOCRATIC SOCIETIES, FACE. THE CHALLENGE OF DEALING WITH CONCENTRATED WEALTH. THE CHALLENGE OF MAKING SURE THAT ECONOMIES GROW FASTER, ENVIRONMENTAL CHALLENGES, THE CHALLENGES EFFECTIVELY AND FAIRLY GOVERNING A MULTI-ETHNIC SOCIETY, THE CHALLENGES OF MEN AND WOMEN COULD LIVE TOGETHER ON TERMS OF PROBLEM AND EQUALITY. THOSE CHALLENGES, THE PEOPLE HAVE ANSWERS TO THEM. ANSWERS WI ALWAYS BE THE NONANSWERS. M POSITIVE WILL ALWAYS ET THAT IS SOMETHING ANYW THAT I BELIEVE AND THAT L I THINK WE ARE GOING TO SEE, WHEN ALL OF THIS IS DONE, THAT THE PEOPLE WHO HAVE DONE THE RIGHT THING WILL BE ABLE TO LOOK BACK ON THEIR RECORDS WITH PRIDE. AND THE PE WHO HAVE DONE THE WRONG TH NO AND THAT THE ANSWERS TONIGHT ON THE OTHER SIDE OF THE AISLE ARE HEADING TO SOMETHING THAT GEORGE BUSH, WHO MY MEMORIES CALLED, HISTORY’S GRAVEYARD OF DISCARDED LIVES. I ASK YOU TO VOTE AGAINST THE RESOLUTION BUT ABOVE ALL, FOR YOUR FAITH IN YOURSELVES, IN WHAT YOU’VE BUILT AND A BETTER WORLD IN A WORLD BASED ON MUTUAL RESPECT, NOT ON THE DOMINATION OF SOME BH [ Applause ]>>THAT WAS VERY GOOI AND IRRELEVANT. [ Laughter ] PRESIDENT TRUMP IDENELFS A NATI OTHT AND THE MEDIA WENT TO A COMPLETE MEWN JUDGE PRESIDENT TRUMP IN HIS POPULIST MOVEMENT AND THE POPULIST MOVEMENT WORLDWIDE, JUDGE BYIONS HOLD THEM ACCOUNTABLE. WE’RRF PEOPLE ARE TRYING TO FIGURE THIS OUT AS IT GOES. I WILL TELL YOU ONE THING: THE LITTLE GUY — THIS IS ABOUT THE G VERSUS THE ELITES — THE LITTLE GUY IDENTIFIES OOH IDENTIFIES WITH THAT WHETHER IT’S IN HUNGARY, WILL WHETHER IT’S IN THE ITALY, THE UNITED STATES OF AMERICA. THE FUTURE OBVIOUSLY BELONGS TO POPULISM. IT’S ONLY GOING TO BE DEFINED BY IS IT LEFT-WING POPULISM OR CONSERVATIVE AND RIGHT-WING POPULISM? IS IT ABOUT DECONSTRUCTING ADMINISTRATIVE STATE AND OPENING UP THE POWER OF CAPITALISM OR IS IT GOING TO BE ABOUT MORE STATE INTERVEN I ENTIRE LIFE? BECAUSE THAT IS GOING TO BE THE FUTURE. THE BATTLE GOING FURTHER IN THE UNITED STATES IS AGAIN THE BERNIE SANDERS AND THE CORY BOOKERS AND ELIZABETH WARREN AND THAT AS ASPECT OF THE DEMOCRATIC PARTY THWS IN STRENGTH EVERY DAY. THE RESISTANCE. THAT’S THE REALITY. THE REST OF IT’S JUST THE OTHER THING — LOOK BEYOND THE SMEARS. LOOK AT THE SIGNAL. LOOK AT THE ACTIONS. LOOK AT THE LOOK AT HIS POPULIST MOVEMENT WILL REACH OUT AND TAKE THE ECONOMIC NATIONALISTS AND THE BERNIE SANDERS MOVEMENT. LOOK HOW WE WILL GO AND ACCOMMODATE AND BRING IN A THIRD OF THE AFRICAN-AMERICAN VOTE IN OUR COUNTRY. SOMETHING THE REPUBLICA PARTY, FOR DECADES AND DECADES AND DECADES, TALKED ABOUR LOOK AT RIGHT NOW, I THINK IT’S 40% — IN A POLL TODAY 40% OF HISPANICS AGREE WITH WHAT PRESIDENT TRUMP’S DO BECAUSE THEY UNDERSTAND THEY BEAR THE BURDEN OF THE SOLUTIONS OF TH I’M NOT SAYING PRESIDENT TRUMP’S PERFECT. HE W. HE’S A VERY IMPERFECT ME [ Laughter ] HE MIGHT NOT SAY HE’S AN IMPERFECT INSTRUMENT. I CAN UNDERSTAND DAVID’S FRUSTRATION. CA THE ANGST. YOU KNOW, AS ONE OF THE SENIOR PUBLIC INTELLECTUALS AND LEADERS OF THE BUSH ADMINISTRATION, THE TRADITIONAL — THE REPUBLICAN PARTY. LOOK AT THE SIXTEEN PEOPLE THAT RAN AGAINST PRESIDENT TRUMP IN 2016, THE FOURTEEN. THEY WERE A FLOWER OF A GENERATION OF DONOR MONEY, OF HERITAGE, OF AIE, OF KATO, OF PAUL SINGER, AND LOOK AT THE QUALITY OF THE PEOPLE. JEB BUSH, MARCO RUBIO, GOVERNOR CHRISTIE, TED CRUZ, RAND PAUL, EVERY HAD ITS BEST PERSON. IT IS THE STRONGEST FIELD IN THE HISTORY OF TPA AND DONALD TRUMP CUT THROUGH THAT LIKE AN SI TH THROUGH GRASS? ABOUT A “Y”? BECAUSE HE TALKED T T TRADE. A RADICAL IDEA OF FREE TRADE. PARTICULARLY WHEN YOU’RE GOING AGAINST A TOTALITARIAN AMERICA MERCANTILIST SOCIETN HE TALKED ABOUT THE DEINDUSTRIALIZATION O OUR COUNTRY. HE TALKED ABOUT WHERE PEOPLE’S BEAT HLAR R W T WAS TO COMPARE AND CON TRARS. YOU’RE THE TRIBUNE OF THE PEOPLE AND SHE IS THE GUARDIAN OF A CORRUPT AND INCOMPETENT ELITE. A PERMANENT PO [ Applause ] SOMEHOW I SEE I’M NOT QUITE CO [ Laughter ] THIS IS THE FUTURE. AND IT’S NOT — I REALIZE DAVID WHO MIGHT TRY TO DEMONIZE THIS. IT’S NOT RACIST. IT’S NOT XENOPHOBIC. THE DEPLORABLES ARE THE FINEST PEOPLE — WE’RE IN THE FOURTH TURNING OF TAR. GREAT DEPRESSION WORI. NOW THE FOURTH TURNING 80 TO A HUNDRED YEARS IS HAPPENING. BEE GENERATIONAL HISTORY, THE MOVIE DAVID WAS IN WITH ME THE ANNUAL RATE. HOW DO YOU RAISE THE GENERATION? WE’RE THE GREAT FOURTH TURNING THE IN NEXT TEN, FIFTEEN OR TWENTY YEARS, THE UNITED STATES IS GOING TO BE THE COUNTRY WHERE BEQUEATHED OR SOMETHING TALLY DIFFERENT. THE BACKBONE MUCH OUR COUNTRY, WE’RE NOT AN IDEA. AMERICA’S NOT AN IDEA. IT’S A NAT WE HAVE THE GREATEST LAND AND THE GREATEST RESOURCES. WE HAVE DIVINELY INSPIRED CONSTITUTION AND DECLARATION OF INDEPENDENCE. BUT THAT’S NOT OUR STRENGTH. OUR STRENGTH IS THE DEPLORABLES JUST LIKE IN CANADA. IT’S THE LGU IT’S UPON THEIR SHOULDERS EVERYTHING REST AND IS THEY’RE THE BACKBONE OF THE POPULIST MOVEMENT. TH’R RACIST, THEY’RE NOT NATIVIST AND NOT XENOPHOBES. THEY’RE CITIZENS OF THE GREATEST COUNTRY IN MAN KIND’S HISTORY AND THEY, NOT DONALD TRUMP, NOT STEPHEN K. BANNON, NOT MIKE PENCE, THEY ARE GOING LEAD US THROUGH THIS GREAT TURMOIL TO COME. THANK YOU VERY MUCH F HAVING US TONIGHT. ]>>WELL, LADIES AND GENTLEMEN, ABSOLUTELY SUPERB DEBATE TONIGHT. I WANT T START WITH A FEW THANK YOUS. FIRST, T THIS AUDIENCE. ONE OF BOTH THE DEBATERS ON THE STAGE. YOU WERE ENGAGED. YOU WERE CIVIL FOR THE MOST PART. BUT MORE IMPORTANTLY, I THINK WE’VE DONE SOMETHING TONIGHT. WE’VE SHOWN THAT TORONTO IS CAPABLE OF COMING TOGETHER TO DISCUSS DIFFICULT CONTENTIOUS IDEAS IN A WAY THAT INFORMS AND ENGAGES ALL OF US. BRAVO. [ Applause ] TOY. NEXT I THINK WE OWE OUR DEBATE AREAS BIG THK LET’S HEAR IT. THAT WAS SUPERB, GUYS. [ Applause ] OPINIONS MAY OR MAY NOT HAVE BEEN CHANGED, BUT BOTH OF YOU TALKED ACROSS THE MORAL AND INTELLECTUAL AND IDEA LOGICAL DIVIDES IN OUR SOCIETY AND THAT’S SOMETHING THAT JUST DOES NOT HAPPEN ENOUGH AND IT’S A CREDIT TO THE SERIES THAT WE WERE ABLE TO FACTO SO THANK YOU. [ Applause ] BOTH TWO FINAL PEOPLE, THIS WAS A CHALLENGING DEBATE FOR EVERYBODY. TWO ORGANIZATIONS I WANT TO SINGLE OUT. FIRST THE ROY THOMSON HALL CORPORATION. THIS WAS NOT EASY FOR THIS ORGANIZATION TO PULL OVER. THEY GAVE US THIS HALL. THEY STOOD UP FOR FR S THEY MADE THIS DEBATP [ Applause ] BRAVO. FINALLY IT JUST GOES WITHOUT SAYING THAT UNFORTUNATELY THERE WAS A DEMONSTRATION TONIGHT. I UNDERSTAND POSSIBLY EVEN ONE POLICE OFFICER WAS INJURED SO I THINK ON BEHALF OF ALL OF US, WE JUST THANK THE TORONTO POLICE SERVICES FOR EVERYTHING THAT THE [ ABSOLUTELY. [ Applause ] SUPERB. OKAY. WE ARE N GOING TO GET TO THE POINT OF TONIGHT WHERE WE GET TO VOTE ON THIS RESOLUTION FOR A SECOND TIME AND FIGURE OUT HOW OPINION HAS CHANGED OM AND AS A RESULT OF THE LAST HOUR AND FORTY MINUTES OF CAPTIVATIN SO I’M GOING TO OPEN THE QUESTION NOW AND WE’RE GOING TO ALLOW YOU TO USE YOUR CLICKERS AGAIN. WE’RE GOING TO DO THE SAME THING WE DID LAST TIME. IF YOU’RE IN FAVOUR OF THE MOTION, BE IT RESOLVED THE FUTURE OF WESTERN POLITICS IS POPULIST, NOT LIBERAL. PRESS “A IF YOU’RE OPPOSED TO THE MOTION, YOU’RE AGAINST IT, PRESS 2 OR B. WHILE THOSE VOTES ARE TABULATING, LET’S JUST REMIND OURSELVES OF WHERE OPINION IN THIS HALL STARTED AT THE BEGINNING OF TONIGHT’S DEBATE. WE CAN GET THOSE NUMBERS UP ON THE SCREEN TO SEE WHERE WE ALL STARTED OFF. I THINK IT WAS 28% IN FAVOUR OF THE MOTION. 72% OPPOSED. BUT WE’LL GET THOSE NUMBERS UP INO AND THEN WE HAD A FAIRLY LARGE GROUP OF YOU IN THIS HALL THAT SAID THAT YOU COULD CHANGE YOUR MIND. I THINK SLIGHTLY OVER 50% OF PEOPLE THOUGHT THEY COULD CHANGE THEIR MIND. LET’S CLOSE THE SECOND VOTE ON THE RESOLUTION NOW. WE’RE GOING TO GIVE IT A FEW MOMENTS TO TABULATE. AND THEN WE’RE GOING FIND OUT A REALLY IMPORTANT LIVE VOTE AT THIS MOMENT, HOW HAS OPINION SHIFTED IN THIS HALL? CAN WE SEE THOSE RES [ Laughter ] I’M SURE SOMEBODY IS HAVING — 57% “YES.” [ Applause ] 43% “NO.” A PRETTY DECISIVE RESULT. CONGRATULATIONS. OTH’S HANDS F SUPE DEB>>FANTASTIC. [ Applause ]>>OKAY, LADIES AND M THAT’S IT FOR TONIGHT. THANK YOU TO THE MUNK FAMILY, THE FOUNDATION. WE WILL DO THIS ALL AGAIN IN THE HAVE SAFE EVENING ON Y [ ♪♪♪ ] WE’LL GET OUR TWO DEBATERS RIGHT HERE TO TALK TO US ABOUT WHAT THEY FELT ABOUT TONIGHT’S PROCEEDINGS. AND AGN, FOR THOSE OF YOU WATCHING ON-LINE, WE’VE HAD THE LIVE POLL UP AND RUNNING, WWW MUNK DEBATES.COM/VOTE. U VOTE ON THE RESOLUTION AT THE END OF THE EVENI JT LIKE T AUDIENCE IN THE HALL. HERE WE HAVE DAVID FRUM JOINING ME. WE’LL STEV BANNON IN THE SHOT TOO. STEVE AND DAVID, THAT WAS A TERRIFIC DEBATE. I’VE DONE A LOT OF THESE OVER THAR THIS WAS AN IMPORTANT ISSUE. YOU TWO GUYS REALLY ENGAGED WITH IT. SO ON BEHALF OF THE FOUNDATION AND BEHALF OF THE MUNK FAMILY, THANK YOU FOR DOING TH LET’S JUST TALK ABOUT A FEW THINGS F FIRST OF ALL, I LIKE ASKING THIS QUESTION. TO YOU FIRST, DAVID, AND I’LL ASK IT TO STEPHEN. WHICH OF HIS ARGUMENTS DID YOU FIND THE MOST CONVINCING? WHICH CAUSED YOU POTENTIALLY TO RETHINK YOUR BELIEF IN THE RESOLUTION? WAS THERE ANYTHING THAT HE SAID THAT MADE YOU THINK, HEY, WOW, THAT’S A POINT THAT’S WORTH REGISTERING?>>THE STRONGEST POINT, AND THE ONE THAT HIS POWERFUL TO MAKE IS THE ONE ABOUT WHAT PEOPLE HAVE THE PAIN OF THE FINANCIAL CRISIS AND WHAT HAPPENED AFTERWARDS. THAT’S REALLY TRUE. AND THAT’S WHY ESTABLISHED INSTITUTION VERSUS TAKEN SUCH A BEATING AND, OF COURSE, THE IRAQ WAR AND THE AFGHANISTAN WAR, THAT CONTINUATION. THOSE ARE — I THINK THAT REALLY PLAYS A BIG PART IN WHAT’S GOING ON INSIDE THE UNITED STATES AND EUROPE, YOU COULD MENTION THE EUROCRISIS AND THE MIGRT CRISIS. THOSE TWO THINGS — THOSE ARE THE POWERFUL THINGS THAT HAVE MADE THE BAS OF THIS NEW KIND OF POLITICS. >>SAME QUESTION TO YOU: WHICH ONE OF DAVID’S ARGUMENTS IN THIS DEBATE, YOU KNOW, WOULD YOU SAY, HEY, THAT’S WORTH REGISTERING, I APPRECIATE THAT ANALYSIS?>>ACTUALLY, I AGREE WITH MOST OF WHAT HE SAID ABOUT, YOU KNOW, WE HAVE TO THINK THESE THINGS THROUGH AND WE HAVE TO VOTE. LOOK, ONE OF THE THINGS REASON I CAME HERE TONIGHT, NOT JUST TO ENGAGE IN THE DEBATE WITH THE GOOD PEOPLE OF TORONTO, IF IN OUR MOVEMENT, IF WE DON’T CONVERT PEOPLE OF THE STATURE OF DAVID FRUM INTO OUR MOVEMENT AS THE PUBLIC INTELLECTUALS, WE’RE NOT GOING TO HAVE A MOVEMENT. IT WILL PETER OUT LIKE YOU SAID. IT BURNS HOT AND THEN DIES OUT. MY WHOLE POINT TO REPUBLICANS, AND PARTICULARLY, YOU KNOW, SENIOR THINKERS, LIKE DAVID FRUM, IS THAT, HEY, THIS IS A MOVEMENT. WE NEED THINKERS IN IT. IT DOESN’T HAVE TO BE — I KNOW DAVID’S THING IS ABOUT HOW DARK IT IS AND THE DARK SIDE OF IT. IT DOESN’T HAVE THAT ANGER THAT’S THERE, THE NATURAL ANGER CAN BE CHANNELED IN A VERY POSITIVE DIRECTION TO CHANGE THE COUNTRY. I THOUGHT THE MOST IMPRESSIVE WAS THAT HE IS AN INCREDIBLE DEBATER. >>HE IS. >>JUST THE ENTIRE — >>LIKE IN 2016. AS IN 2016, THE VOTE — THE RURAL A. >>EXACTLY. >>GUYS, AGAIN, I THINK WE’VE ALL EARNED A DRINK. DO YOU AGREE?>>HE Y. >>INC.S THAT AGAIN FOR A TERRIFIC DEBATE. THANKS AGAIN FOR COMING TO TORONTO, STEVE, DAVID. THIS WAS A LONG TIME IN THE MAKI >>CONGRATULATIONS TU>>A CIGARETTE EVENING — A GREAT EVENING.

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