Steve Bannon, speaking to his WarRoom audience on Saturday, January 11, 2025, issued a stark warning about the ongoing fires in Los Angeles, drawing parallels to the catastrophic aftermath of the 1906 San Francisco earthquake and fire. In his signature no-holds-barred style, Bannon urged Americans to wake up to the broader implications of these disasters.
“A friend reminded me,” Bannon began, “the 1906 San Francisco fire burned for four days, caused financial panic, and ultimately led to the creation of the Federal Reserve.” He described how the chaos of that era forced J.P. Morgan to intervene, but the long-term financial repercussions reshaped America’s economic system.
Bannon also told the audience on Saturday that a Federal take over of the state may be necessary:
“You May Need A Federal Takeover.” Steve Bannon On Newsom Rejecting Outside Firefighter Support For California And Chaos With Aid Management pic.twitter.com/8JB8132Yc0
— Bannon’s WarRoom (@Bannons_WarRoom) January 11, 2025
Bannon warned that the current crisis could be far worse. “This isn’t just about the flames,” he said. “It’s about the financial fallout. Insurance systems out there are going to collapse. They’ve already pumped $50 billion, and it’ll likely hit $150 billion.” He emphasized that this burden will fall disproportionately on the American people, raising questions about fairness and governance. “How can you justify bailing out multimillion-dollar mansions in Beverly Hills or Bel Air when the average American is struggling to make ends meet?”
Bannon painted a vivid picture of devastation. “The Catholic school’s gone. The temple’s gone. The library’s gone. The houses, these quaint little homes in Pacific Palisades—gone.” He lamented the destruction of community landmarks and warned that the cultural and economic impact would resonate far beyond Los Angeles. […]
— Read More: warroom.org
