The Glenn Beck Program - August 28, 2019


Bernie PRAISES China for Its – Capitalism? | 8⧸28⧸19


Episode Stats

Length

2 hours and 2 minutes

Words per Minute

144.16257

Word Count

17,701

Sentence Count

235

Misogynist Sentences

11

Hate Speech Sentences

17


Summary

On today's show, Glenn talks about Bernie Sanders and communism, a new economic theory which spells collapse, and Heroin. Glenn also talks about the Amazon data breach and how to deal with it. And he talks about how China has done more than any other country in history to end extreme poverty.


Transcript

00:00:00.000 Good morning. Hello, Stu. How are you?
00:00:04.820 Wonderful, Glenn, and yourself.
00:00:06.840 Oh, my gosh. I've got a great show lined up.
00:00:09.420 We're going to talk about Bernie Sanders and communism in the first hour.
00:00:12.640 Second hour, we're going to talk about a new economic theory,
00:00:16.040 which spells collapse, and third hour, let's do heroin.
00:00:20.740 All coming up.
00:00:21.920 You're really offering?
00:00:22.720 Today's program.
00:00:25.040 You'll hear.
00:00:25.720 The Amazon. The Amazon. Capital One data breach has just hit.
00:00:31.760 106 million of us had our names, home addresses, and banking information exposed.
00:00:36.960 Forget credit card theft.
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00:00:40.820 You shouldn't forget it, but you do need to pay attention to home title lock.
00:00:46.220 They're the only ones that can lock down your title and mortgage online.
00:00:50.860 This is an epidemic, according to New York investigators.
00:00:56.660 An epidemic.
00:00:57.860 Only home title lock can help you.
00:00:59.620 They'll give you 60 days free protection.
00:01:01.920 Just check it out now.
00:01:02.920 HomeTitleLock.com
00:01:03.860 The fusion of entertainment and enlightenment.
00:01:24.280 Welcome to it, America.
00:01:26.700 It is Wednesday.
00:01:28.520 It is Wednesday, isn't it?
00:01:30.340 Thank you.
00:01:32.560 Thank you.
00:01:33.460 God bless you.
00:01:34.460 It's Wednesday.
00:01:36.660 Socialist Bernie Sanders, one of the leading presidential candidates yesterday,
00:01:44.400 tried to praise communist China, which is in and of itself an interesting thing to do,
00:01:52.160 but he ended up praising capitalism.
00:01:55.760 Capitalism, communism.
00:01:58.140 Where are we headed?
00:01:59.300 That and the Soviet Union's constitution.
00:02:04.440 Tell me where we're headed.
00:02:07.240 All that coming up in one minute.
00:02:10.060 This is the Glenn Beck Program.
00:02:15.780 Somewhere in America,
00:02:18.800 there is a man standing at a bench or a table.
00:02:23.380 My father used to call it a bench, kneading dough with work rough hands.
00:02:30.320 Every day for 20 years, he got up before the sun, dusting off the horizon.
00:02:36.140 He drove across town, and he got there and started making bread and donuts before anybody else was awake.
00:02:45.520 He's on his feet all day, working in an almost forgotten art, just because it makes other people happy.
00:02:52.920 And it makes him happy.
00:02:55.500 It is truly an art to this man.
00:02:59.380 That was my dad.
00:03:02.260 And there are people just like this all over the country.
00:03:06.740 But he stands in comfort as he sprinkles flowers over the milestones of his frontier,
00:03:13.940 because he stands in a pair of Tecova's boots.
00:03:16.880 They were made for people like him.
00:03:18.620 People of character.
00:03:19.760 People with dreams.
00:03:20.640 People on the edge of their frontier, just walking forward every day.
00:03:26.280 Honest, hardworking people who appreciate comfort and luxury in the same product.
00:03:31.920 And that product reminds them of who they are and where they're going.
00:03:36.620 Tecova's boots are made from the most exotic leathers available,
00:03:40.020 and they are handcrafted by world-class boot makers.
00:03:43.200 You know, it takes 200 steps to make a pair of Tecova's boots,
00:03:46.020 and yet their boots cost about half of what a boot of similar quality would cost.
00:03:52.660 Check out not only their selection of boots,
00:03:54.820 but also the other fine leather and clothing products they make.
00:03:58.300 It's great.
00:03:59.540 Tecova's.
00:04:00.340 T-O-I'm sorry.
00:04:01.820 T-E-C-O-V-A-S.
00:04:04.260 Tecova's.com slash back.
00:04:06.900 That's Tecova's.com slash back.
00:04:09.820 Tecova's.
00:04:10.860 Western wear for your frontier.
00:04:16.020 Now, you tell me what's wrong.
00:04:21.900 Here's Bernie Sanders, audio of Bernie Sanders yesterday,
00:04:26.580 trying to praise communist China.
00:04:30.300 But what we have to say about China, in fairness to China and its leadership,
00:04:35.840 is if I'm not mistaken, they have made more progress in addressing extreme poverty
00:04:40.400 than any country in the history of civilization.
00:04:46.020 Okay.
00:04:47.520 Bernie, I think you...
00:04:50.780 I do not think those words mean what you think it means.
00:04:55.740 What he didn't talk about was that it is the free market principle
00:05:01.660 that China has started to enact that they got from us.
00:05:07.520 It wasn't communism.
00:05:08.800 Never before in history have so many people escaped poverty
00:05:12.920 in such a short time in the past decades in China.
00:05:16.600 Okay.
00:05:17.800 According to the official World Bank figures,
00:05:20.080 the percentage of extremely poor people in China in 1981
00:05:23.800 was 88.3%.
00:05:26.900 By 2015, only 0.7% of the Chinese population
00:05:31.880 was living in extreme poverty.
00:05:34.540 Now, wait a minute.
00:05:38.360 Poor people in China fell from 878 million people
00:05:42.540 to less than 10 million people since 1981.
00:05:47.880 Now, what happened?
00:05:50.480 What happened?
00:05:51.200 Well, under Mao, the state had, you know,
00:05:56.600 an omnipotent grip over China's economy.
00:05:59.740 What happened over the last few decades
00:06:01.780 can be summed up in a couple of sentences.
00:06:04.620 China embraced the tenets of a free market economic system.
00:06:10.380 It introduced private ownership,
00:06:12.980 gradually reduced the influence of the once all-powerful state
00:06:16.620 over the Chinese economy.
00:06:18.200 Now, they're still communists
00:06:21.360 and is still state-controlled, much of it.
00:06:26.020 But you also have these independent companies,
00:06:29.500 these companies that are not collapsing.
00:06:32.880 These companies that are run by the state
00:06:35.420 are collapsing, as we pointed out earlier this week.
00:06:39.060 China had to print $50 trillion.
00:06:43.500 $50 trillion.
00:06:46.660 Half of that went right to these state-owned companies
00:06:50.120 that are dying.
00:06:53.060 The state still plays a major role,
00:06:56.540 but it is.
00:06:58.160 It's free market capitalism
00:07:00.700 after the death of Mao
00:07:04.580 and the death of communism.
00:07:10.400 Let me give you this story, Bernie.
00:07:12.560 Here's another story for you.
00:07:15.800 Tell me if this sounds like communism
00:07:18.740 or a celebration of capitalism.
00:07:23.740 Quoting the story,
00:07:24.820 It was no surprise
00:07:27.400 that the crowds
00:07:28.380 at China's first Costco location
00:07:30.180 would be big.
00:07:31.880 But the company wasn't prepared for this.
00:07:35.260 The photos of the opening
00:07:36.780 of the Shanghai location
00:07:39.080 of Costco
00:07:40.300 painted a clear picture
00:07:42.560 of the reports coming out of China,
00:07:44.120 which said that
00:07:44.660 a deluge of shoppers
00:07:46.140 clogged up parts of the store
00:07:48.120 and built up traffic
00:07:49.980 on roads right outside of Costco,
00:07:52.360 resulting in a three-hour wait
00:07:55.620 for a parking space.
00:07:59.680 Shoppers crowded the meat department,
00:08:01.960 which included
00:08:02.560 the Costco rotisserie chicken
00:08:05.740 and the food court.
00:08:07.540 Elbows and arms were thrown
00:08:08.920 in every direction
00:08:09.820 as customers attempted
00:08:10.940 to pick up various items.
00:08:12.880 The sheer amount of people
00:08:15.220 forced the store
00:08:17.240 to shut down hours early.
00:08:20.080 And a text message to members
00:08:22.380 reportedly read in part
00:08:23.780 to provide you with
00:08:25.000 better shopping experience,
00:08:26.700 Costco will suspend business
00:08:29.680 in the afternoon.
00:08:31.620 Please don't come.
00:08:35.040 Now, why were they there?
00:08:38.400 Well, the deep discounts
00:08:40.000 that a Costco membership
00:08:43.440 gives you.
00:08:45.180 This is something spectacular
00:08:47.380 in China.
00:08:48.360 The usual items
00:08:51.640 offered to first-time customers
00:08:53.120 at the Shanghai location
00:08:54.520 had discounts also
00:08:56.280 on other luxury items.
00:08:58.160 The South China Morning Post
00:08:59.520 reported that you could get
00:09:01.340 Prada tote bags
00:09:02.440 and MCM leather backpacks.
00:09:05.000 There is also reportedly
00:09:06.120 an Hermes
00:09:07.320 super popular Birkin bag
00:09:09.700 available.
00:09:11.160 We don't know the prices of it.
00:09:13.280 Even if you did manage
00:09:14.800 to get a big-ticket item
00:09:16.280 or even something smaller
00:09:17.900 on a smaller scale,
00:09:19.420 such as food,
00:09:21.080 checkout was a nightmare.
00:09:22.940 If you managed to wait
00:09:24.680 the three-hour wait
00:09:26.340 to get a parking space,
00:09:29.560 when you got the parking space,
00:09:32.940 you were warned
00:09:34.000 that it could take two hours
00:09:36.400 just to check out.
00:09:38.440 All in all,
00:09:40.460 Costco managed to stay open
00:09:42.220 until 1.40 p.m.,
00:09:46.720 five hours after it first opened.
00:09:50.340 Now,
00:09:51.200 it's a Costco.
00:09:54.780 We have them everywhere.
00:09:57.400 They're great,
00:09:59.120 but are you waiting
00:10:00.440 five hours to buy something
00:10:03.540 at Costco?
00:10:04.220 Costco?
00:10:05.540 No.
00:10:06.600 No.
00:10:08.440 So is it communism,
00:10:10.700 Bernie,
00:10:11.240 that has everybody excited
00:10:13.120 and is lifting people
00:10:14.200 out of poverty?
00:10:15.880 And if it's communism,
00:10:18.640 how come it didn't work
00:10:20.680 under Mao?
00:10:23.220 What changed?
00:10:27.300 Oh,
00:10:27.940 these people are crazy.
00:10:30.520 Truly,
00:10:31.200 truly crazy.
00:10:31.960 Crazy.
00:10:34.220 You know,
00:10:35.360 there are times,
00:10:36.500 there are a few days
00:10:37.680 that I can recall
00:10:39.220 in every broadcaster's life,
00:10:43.140 there's a few days
00:10:44.600 where you're like,
00:10:45.720 wow,
00:10:46.640 really?
00:10:47.920 I mean,
00:10:48.320 things happen
00:10:49.460 that are so crazy,
00:10:51.720 you can't believe
00:10:53.040 you have to tell
00:10:54.080 the American people
00:10:54.900 about them.
00:10:56.920 Let me give you one.
00:10:58.720 This week,
00:11:00.780 while listening
00:11:02.060 you're listening to Barack Obama
00:11:03.200 talk about the dangers
00:11:05.020 of a rising ocean
00:11:06.700 due to climate change,
00:11:09.400 you're listening to maybe
00:11:12.480 his clips
00:11:13.260 or you're lucky enough
00:11:14.900 to be able to get online
00:11:16.160 and listen to his speech,
00:11:18.100 while he's giving that speech,
00:11:21.060 it's announced
00:11:22.060 that he bought
00:11:22.740 a $14 million
00:11:24.120 beachfront home
00:11:26.760 on Martha's Vineyard.
00:11:27.900 Now,
00:11:29.580 I don't know
00:11:30.460 if you have
00:11:30.980 an awful lot
00:11:31.700 of credibility
00:11:32.400 if you are
00:11:33.640 giving a speech
00:11:35.120 about how all
00:11:35.960 of our beaches
00:11:36.640 are going to go away
00:11:37.840 and there's flooding
00:11:38.920 coming
00:11:39.420 and all of the islands
00:11:40.880 will be gone
00:11:41.880 and that day
00:11:44.020 you're buying
00:11:44.600 a $14 million
00:11:45.740 beachfront home.
00:11:48.320 That's one of those days
00:11:49.620 that you're like,
00:11:50.420 I can't believe
00:11:51.480 I have to say this.
00:11:53.780 I can't believe
00:11:54.280 there are some people
00:11:54.880 out there who are like,
00:11:55.740 whoa,
00:11:56.120 no,
00:11:56.540 wait a minute.
00:11:57.900 How about this one?
00:12:02.700 A day in the life
00:12:03.680 of a broadcaster
00:12:04.540 where you have to say,
00:12:06.300 hey,
00:12:06.640 by the way,
00:12:08.000 I'm just going to let you know
00:12:09.440 that,
00:12:10.140 yeah,
00:12:10.560 Hillary Clinton
00:12:11.240 kept a private email server
00:12:13.780 with classified government documents
00:12:15.580 in a closet
00:12:16.340 in her bathroom
00:12:17.300 for more than five years.
00:12:20.780 She wipes
00:12:21.780 all the hard drives
00:12:22.980 while under investigation
00:12:24.520 and this week
00:12:26.560 it also looks like
00:12:27.760 it also looks like
00:12:27.780 the FBI
00:12:28.580 knew about
00:12:30.060 this huge stack
00:12:32.120 of really,
00:12:33.340 really vital documents
00:12:35.040 and they didn't look
00:12:36.760 through any of them.
00:12:39.280 That's when you look back
00:12:40.320 and you're like,
00:12:41.100 wow,
00:12:42.280 Bernie Sanders
00:12:43.200 praising China,
00:12:46.340 talking about how
00:12:48.260 they're lifting people
00:12:49.340 out of poverty
00:12:49.980 while they are building
00:12:53.000 concentration camps.
00:12:56.360 Really,
00:12:57.000 dude,
00:12:57.200 are you serious?
00:12:59.500 Today is truly
00:13:00.800 one of those days.
00:13:02.500 This week,
00:13:03.260 we've been focused
00:13:03.860 on key economic issues.
00:13:05.700 Hour two,
00:13:06.760 all week,
00:13:07.360 we've been explaining
00:13:08.340 what is happening,
00:13:09.760 what is coming,
00:13:10.440 using common language,
00:13:12.900 not talking,
00:13:13.940 trying not to talk
00:13:14.980 over people's heads,
00:13:16.220 trying to make
00:13:17.340 everything understandable
00:13:18.280 because no one
00:13:19.240 on TV will.
00:13:22.240 Monday,
00:13:22.700 we looked at
00:13:23.140 the economic system,
00:13:25.300 the situation
00:13:26.000 in which we find ourselves,
00:13:28.320 the long daisy chain
00:13:29.880 of crazy progressive ideas
00:13:31.860 that have been going on
00:13:32.580 for a hundred years.
00:13:33.800 Who is wrecking
00:13:34.940 the economy?
00:13:36.700 Well,
00:13:37.000 the answer was
00:13:37.600 all of us.
00:13:38.360 We looked at
00:13:40.200 the trade war
00:13:40.800 with China.
00:13:41.560 We reviewed the fact
00:13:42.460 that China has created
00:13:43.760 more than $50 trillion
00:13:45.280 in off-balance sheet
00:13:47.500 currency,
00:13:48.680 using more than
00:13:50.020 half of that
00:13:50.720 to buy up
00:13:51.380 U.S.
00:13:51.940 and Western nation
00:13:52.760 equities.
00:13:53.400 In other words,
00:13:54.180 they've taken about
00:13:54.920 $15 trillion
00:13:55.900 and put it into
00:13:57.280 our stock market.
00:13:58.260 You want to talk
00:13:58.720 about a death spiral?
00:14:03.120 Yesterday,
00:14:03.760 we took a deep dive
00:14:05.060 in recessions.
00:14:07.140 We told you
00:14:07.980 how government
00:14:08.520 intervention
00:14:09.080 to prevent
00:14:09.580 or reverse
00:14:10.180 recessions
00:14:11.920 creates distortions
00:14:13.640 in the economy.
00:14:14.580 Today,
00:14:16.460 wow,
00:14:16.820 we're going to
00:14:17.240 take a look
00:14:17.820 at a leading proposal
00:14:18.900 for financial policies
00:14:20.740 that is happening
00:14:22.440 right now
00:14:23.260 in Washington.
00:14:24.240 And when you hear it,
00:14:25.320 it's one of those days
00:14:26.800 for a broadcaster
00:14:27.880 where I can't believe
00:14:29.720 I actually have
00:14:31.100 to explain
00:14:31.820 to the nation
00:14:32.580 why just
00:14:34.220 unlimited
00:14:35.120 printing
00:14:36.120 of money
00:14:37.040 with nothing
00:14:38.440 to back it up
00:14:39.580 is a bad idea.
00:14:42.120 Bernie Sanders,
00:14:43.620 Elizabeth Warren,
00:14:45.120 the squad,
00:14:46.960 Bob Francis O'Rourke,
00:14:49.060 all of them
00:14:49.880 are now saying
00:14:51.700 we can do that
00:14:52.720 and they're calling it
00:14:53.600 a modern monetary theory.
00:14:56.200 It's not a theory.
00:14:59.020 And I'll explain
00:15:00.120 at the top
00:15:00.780 of hour number two,
00:15:02.380 the next hour
00:15:03.180 on this broadcast,
00:15:04.360 you don't want
00:15:05.400 to miss it.
00:15:06.860 But I want to
00:15:07.360 I want to go to
00:15:08.580 I want to go to
00:15:10.840 a story
00:15:11.360 where you are
00:15:12.200 seeing them,
00:15:13.140 this one from
00:15:13.700 the Washington Post
00:15:14.580 today,
00:15:15.080 where you are
00:15:15.860 seeing these candidates
00:15:16.980 now say
00:15:17.960 we can print
00:15:19.280 unlimited
00:15:19.900 numbers of cash
00:15:21.280 because
00:15:21.600 we want to
00:15:23.400 promise everybody
00:15:24.600 certain things.
00:15:26.140 And as I was
00:15:27.080 reading this story
00:15:27.740 in the Washington Post
00:15:28.540 today,
00:15:28.920 I thought,
00:15:29.720 hmm,
00:15:30.080 I've seen
00:15:30.680 someplace else
00:15:31.580 that guaranteed
00:15:33.020 those other things.
00:15:35.680 And I looked
00:15:36.480 at one of the producers
00:15:37.220 and I said,
00:15:37.860 could you print
00:15:38.580 the Soviet
00:15:39.300 Constitution out
00:15:40.740 for me?
00:15:41.200 Because I think
00:15:41.760 that's where it was.
00:15:43.680 Wait until I read
00:15:45.200 the Soviet Constitution
00:15:46.480 to you
00:15:47.160 or parts of it.
00:15:49.660 Even if you've
00:15:50.640 read it in the past,
00:15:51.860 you won't believe
00:15:53.360 how close
00:15:55.140 the Democrats
00:15:55.940 are to
00:15:57.160 quoting
00:15:57.900 the Soviet
00:15:59.680 Constitution.
00:16:01.940 That's how far
00:16:03.140 we've come.
00:16:04.880 That,
00:16:05.520 coming up in
00:16:06.080 just a second.
00:16:06.900 Stand by.
00:16:07.680 First,
00:16:08.940 let me tell you
00:16:10.680 about
00:16:11.500 LifeLock.
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00:16:14.440 red guy
00:16:16.140 with horns.
00:16:17.660 You know,
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00:16:18.680 on his head.
00:16:19.280 And he shows up
00:16:20.520 at your door
00:16:21.180 and he offers
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00:16:23.100 full of cash
00:16:24.120 and a Corvette
00:16:25.000 that he just
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00:16:27.080 I mean,
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00:16:31.640 of paper
00:16:32.140 and on the front
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00:16:35.260 terms and conditions
00:16:36.160 do apply.
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00:16:39.380 is check the box.
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00:16:43.360 to read that first
00:16:44.880 or are you just
00:16:46.000 going to go,
00:16:46.740 yeah,
00:16:47.160 I agree?
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00:16:50.140 that's every
00:16:50.840 transaction we
00:16:51.680 have online
00:16:52.640 and they've made
00:16:53.800 it impossible
00:16:54.560 for us to read.
00:16:56.480 So you just
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00:17:05.300 sacred,
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00:17:07.120 the information
00:17:07.760 that you have,
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00:17:45.000 We pause
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00:17:46.680 Station ID.
00:17:53.800 All right.
00:17:56.600 I want to talk to you.
00:17:58.080 Let me start
00:17:58.660 with Bernie Sanders again.
00:17:59.840 Now,
00:18:00.000 this is a story
00:18:00.800 from the Washington Post.
00:18:03.280 Washington Post,
00:18:04.420 2020 Democrats
00:18:05.460 have embraced
00:18:06.300 seemingly
00:18:07.280 every big
00:18:08.760 left-wing
00:18:09.500 economic idea
00:18:10.720 except this one.
00:18:13.740 I'm going to explain.
00:18:15.380 Bernie Sanders
00:18:16.020 says every American
00:18:17.540 should be concerned
00:18:18.480 about the rising
00:18:19.680 federal deficit.
00:18:21.200 Do you think
00:18:21.940 he means that?
00:18:24.160 Because I don't.
00:18:25.820 I don't think
00:18:26.440 he means that
00:18:27.220 at all.
00:18:28.860 Elizabeth Warren
00:18:29.880 has detailed
00:18:31.080 how she would
00:18:31.640 raise enough
00:18:32.340 new tax revenue
00:18:33.400 to pay for her
00:18:34.640 proposals
00:18:35.200 for universal
00:18:36.320 child care
00:18:37.120 and free
00:18:38.460 college for
00:18:39.200 everyone.
00:18:39.740 Do you think
00:18:41.640 she cares
00:18:42.340 about the deficit
00:18:43.200 more than
00:18:44.340 Bernie Sanders
00:18:45.100 but not enough
00:18:47.720 to stop her
00:18:48.660 from these
00:18:49.120 crazy proposals?
00:18:51.040 Long shot
00:18:52.080 candidate
00:18:52.580 Andrew Yang
00:18:53.500 who perhaps
00:18:54.360 is best known
00:18:55.240 for the memes
00:18:57.000 around his candidacy
00:18:58.380 has called
00:18:59.100 for a broad-based
00:19:00.420 consumption tax
00:19:01.840 to finance
00:19:02.880 his signature
00:19:03.820 issue
00:19:04.320 of universal
00:19:05.920 basic income.
00:19:07.060 in a Democratic
00:19:09.040 presidential primary
00:19:10.160 says the
00:19:10.900 Washington Post
00:19:11.640 where candidates
00:19:12.600 have championed
00:19:13.520 many ideas
00:19:14.320 once relegated
00:19:15.320 to the far
00:19:16.040 left of
00:19:16.660 American politics
00:19:17.740 a federal
00:19:19.520 jobs guarantee
00:19:20.700 forgiveness
00:19:21.980 of student debt
00:19:23.340 reparations
00:19:24.780 for the
00:19:25.340 descendants
00:19:25.720 of slaves
00:19:26.780 there is
00:19:27.760 one left
00:19:28.520 wing
00:19:28.980 economic
00:19:29.660 position
00:19:30.260 that no one
00:19:31.500 has espoused
00:19:32.480 and that is
00:19:33.380 the idea
00:19:34.000 of modern
00:19:35.100 monetary
00:19:35.760 theory
00:19:36.360 okay
00:19:38.240 that's not
00:19:39.760 true
00:19:40.440 Washington Post
00:19:41.600 it argues
00:19:42.640 that the U.S.
00:19:43.340 government
00:19:43.620 can never
00:19:44.580 go bankrupt
00:19:45.400 and therefore
00:19:46.560 does not need
00:19:47.680 to raise
00:19:48.180 tax revenue
00:19:49.120 to fund
00:19:50.140 new spending
00:19:50.940 initiatives
00:19:51.700 MMT supporters
00:19:53.340 say it's a mistake
00:19:54.620 to push
00:19:55.180 for lower deficits
00:19:56.360 because that
00:19:57.420 risks contracting
00:19:58.500 spending
00:19:59.320 and as a result
00:20:00.500 slowing
00:20:01.060 economic growth
00:20:02.140 so what they
00:20:03.120 want to do
00:20:03.980 is they
00:20:05.180 want to make
00:20:07.000 sure that
00:20:07.660 you have
00:20:08.560 you never
00:20:10.380 have a recession
00:20:11.300 you never
00:20:12.260 have a problem
00:20:12.980 with anything
00:20:14.040 like losing
00:20:15.840 your job
00:20:16.440 because
00:20:16.840 the government
00:20:18.160 will just
00:20:19.040 keep things
00:20:20.000 going
00:20:20.520 now I want
00:20:22.620 to go through
00:20:23.040 some of their
00:20:23.540 proposals
00:20:24.080 and next hour
00:20:24.960 I'm going to
00:20:25.300 show you
00:20:25.720 where they
00:20:26.140 are quoting
00:20:26.820 the modern
00:20:28.780 monetary theory
00:20:29.780 so the
00:20:30.540 Washington Post
00:20:31.280 doesn't know
00:20:31.820 it's ass
00:20:32.260 from its elbow
00:20:33.020 on this
00:20:33.820 because I can
00:20:34.860 find the quote
00:20:35.700 in one
00:20:36.500 Google search
00:20:37.500 Google hasn't
00:20:39.300 trapped us
00:20:40.080 out of that
00:20:40.680 information yet
00:20:41.820 so
00:20:43.340 they are
00:20:45.320 proposing this
00:20:46.280 but I want
00:20:47.240 to show you
00:20:47.800 what they're
00:20:48.200 proposing it
00:20:48.880 for
00:20:49.460 and then
00:20:51.380 I think
00:20:52.620 we should
00:20:52.980 compare it
00:20:53.540 to the
00:20:53.840 Soviet Union
00:20:54.620 now
00:20:55.440 let me
00:20:56.520 just give
00:20:57.000 you
00:20:57.340 a
00:20:58.960 universal
00:21:00.840 truth
00:21:02.140 okay
00:21:02.780 it's
00:21:03.080 it's
00:21:03.400 not a
00:21:03.940 theory
00:21:04.200 it's
00:21:04.600 truth
00:21:05.280 we've
00:21:08.240 talked
00:21:08.500 about
00:21:08.920 Kondrakiev
00:21:09.920 I think
00:21:10.680 that's how
00:21:11.000 you pronounce
00:21:11.420 his name
00:21:11.860 he was
00:21:13.040 he was
00:21:14.000 Stalin's
00:21:15.640 economic
00:21:16.440 advisor
00:21:17.160 and Stalin
00:21:18.680 said
00:21:19.220 hey
00:21:19.860 which is
00:21:20.340 better
00:21:20.740 capitalism
00:21:21.980 or communism
00:21:22.880 now I
00:21:24.740 know what
00:21:25.440 to say
00:21:26.020 to Stalin
00:21:26.600 oh
00:21:27.200 communism
00:21:27.840 sir
00:21:28.340 he thought
00:21:30.360 Stalin
00:21:30.760 was looking
00:21:31.220 for an
00:21:31.600 honest
00:21:31.920 answer
00:21:32.360 so he
00:21:33.380 goes back
00:21:33.980 he takes
00:21:34.340 several months
00:21:34.940 and he
00:21:35.160 comes up
00:21:35.540 with what's
00:21:36.140 called now
00:21:36.720 the
00:21:36.980 Kondrakiev
00:21:38.040 wave
00:21:38.480 which is
00:21:40.020 there is
00:21:40.780 a spring
00:21:41.760 where green
00:21:42.720 shoots
00:21:43.120 new ideas
00:21:44.060 sprout up
00:21:44.940 and then
00:21:45.540 they start
00:21:45.980 to create
00:21:46.440 this great
00:21:47.180 economy
00:21:47.700 and then
00:21:48.160 we get
00:21:48.480 into summer
00:21:49.160 where everybody
00:21:49.720 thinks it
00:21:50.220 can never
00:21:50.820 end
00:21:51.200 and then
00:21:51.840 fall
00:21:52.280 comes
00:21:52.860 and everybody
00:21:53.940 starts saying
00:21:54.520 wait we gotta
00:21:55.100 bail everybody
00:21:55.840 out
00:21:56.280 he said
00:21:56.900 but capitalism
00:21:57.640 doesn't
00:21:58.500 the Soviet
00:21:59.420 Union
00:21:59.840 bails
00:22:00.300 everybody
00:22:00.680 out
00:22:01.060 and so
00:22:01.420 they
00:22:01.640 let the
00:22:02.560 failures
00:22:03.380 fester
00:22:04.380 and eventually
00:22:05.160 it sucks
00:22:06.360 everything
00:22:07.280 down
00:22:07.840 where you
00:22:08.920 just have
00:22:09.300 to realize
00:22:09.880 fall and
00:22:10.720 winter are
00:22:11.200 part of the
00:22:11.620 cycle
00:22:11.980 which will
00:22:12.640 lead to
00:22:13.160 spring
00:22:13.660 all that
00:22:14.640 all that
00:22:15.240 stuff
00:22:15.600 hibernating
00:22:16.520 or dying
00:22:17.040 actually helps
00:22:17.920 the soil
00:22:18.440 by the way
00:22:20.540 he was shot
00:22:21.000 in the head
00:22:21.440 um
00:22:22.200 all right
00:22:22.580 let me uh
00:22:23.420 let me tell
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00:22:29.900 windows
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00:22:34.320 or keep
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00:22:36.860 but really
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00:22:39.640 why we
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00:22:47.900 we don't
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00:24:41.940 welcome to the
00:24:52.360 program here
00:24:53.100 triple eight seven
00:24:53.700 twenty seven back
00:24:54.300 here's the phone
00:24:54.900 number um
00:24:55.840 thank you
00:24:56.560 pat gray has joined
00:24:57.440 us here in studio
00:24:58.180 uh and we've had
00:25:00.640 some questions that
00:25:01.800 we've been percolating
00:25:02.800 here since the
00:25:03.460 beginning of the
00:25:04.040 program you've been
00:25:05.240 in the middle of a
00:25:05.780 very serious monologue
00:25:06.700 i didn't think it
00:25:07.340 was necessarily the
00:25:08.100 right time to ask
00:25:08.800 them but i still in
00:25:10.160 the middle of it i
00:25:11.000 well i just feel like
00:25:12.020 the audience is now
00:25:13.380 especially the audience
00:25:14.820 on blaze tv blaze tv
00:25:16.780 dot com promo
00:25:17.440 the audience on
00:25:18.700 blaze tv i know
00:25:20.220 where you're going
00:25:20.940 and it uh they are
00:25:22.020 not confused so is
00:25:23.500 it are you wearing
00:25:24.440 two shirts with a
00:25:25.900 hole in it or is
00:25:27.860 there uh a giant
00:25:30.600 towel on your
00:25:31.600 shoulder it is it's
00:25:34.100 two shirts and a
00:25:34.820 towel right two
00:25:35.580 shirts that's what it
00:25:36.180 is
00:25:36.520 towel is it a no i'm
00:25:39.780 glad both of you own
00:25:40.980 guns i'm glad both of
00:25:42.340 you own guns we do
00:25:44.220 we do yeah but no
00:25:46.160 and i'm glad does that
00:25:47.000 have to do with your
00:25:47.680 shirt right what the
00:25:48.940 two shirts and a
00:25:50.020 towel this is a
00:25:50.480 shooting shirt oh
00:25:51.720 a shooting shirt oh
00:25:53.800 you can't shoot guns
00:25:54.800 in a normal shirt no
00:25:56.140 no that's not that's
00:25:57.280 not possible i've got
00:25:57.520 an extensive shooting
00:25:58.960 shirt closet yes that i
00:26:00.780 that i choose too yeah
00:26:02.240 yeah yeah we put a
00:26:03.340 whole new wing on the
00:26:04.560 house just to store my
00:26:05.800 shooting shirts yes
00:26:07.000 yeah and that's uh yeah
00:26:08.400 you're such jerks i've
00:26:10.680 got the writing pants in
00:26:12.080 another wing though did
00:26:13.240 you win a wrestling match
00:26:14.400 with a bunch of
00:26:15.100 construction cones is that
00:26:17.760 is that what happened
00:26:19.320 with this particular no i
00:26:21.300 had an oompa loompa in a
00:26:22.680 headlock i mean i i don't
00:26:26.060 think i've ever it's great
00:26:26.780 it's a good look though it
00:26:27.820 is i did no it's good i like
00:26:31.620 it i mean i i can see you
00:26:33.880 can see me a million miles
00:26:35.820 away and that's i guess the
00:26:37.280 point of the shooting shirt is
00:26:38.800 that you're very visible i
00:26:40.100 would assume very good yeah
00:26:42.360 very good something that like
00:26:44.260 dick cheney's friends should
00:26:45.840 possibly have been are you
00:26:47.320 gonna be shooting during the
00:26:48.440 show or no but i i might be
00:26:52.520 i might be fortunately but i
00:26:54.820 think we're out of range this
00:26:56.140 show and uh go shooting yes
00:26:59.260 for example i really like
00:27:01.160 pajamas but like i'm not
00:27:02.920 wearing them on national
00:27:03.760 television you know
00:27:05.160 way despite the fact that i
00:27:06.960 might be sleeping later in
00:27:08.340 the day i decided to wear
00:27:09.840 i don't know it's a weird
00:27:15.500 decision-making process i
00:27:16.800 guess maybe i'm out of the
00:27:17.780 norm i guess so i guess so
00:27:19.800 yeah what were you saying
00:27:22.820 about modern monetary theory
00:27:24.200 by the way can you get back
00:27:26.160 into that not much not much
00:27:28.160 here's where i would here's
00:27:30.560 where i do want to go you
00:27:32.040 pigs uh here's here's what i
00:27:35.780 do want to talk about so if
00:27:38.820 we've been looking at the
00:27:40.860 candidates uh that are running
00:27:43.620 for the democrat democratic
00:27:45.220 position have you noticed how
00:27:48.880 how far we've come to actual
00:27:53.040 communism they are now talking
00:27:56.520 about and openly and
00:27:58.360 unashamedly bernie sanders just
00:28:00.700 this week came out or last week
00:28:02.160 came out with his global
00:28:03.620 warming thing which takes over
00:28:06.060 industries uh it just unlimited
00:28:09.480 printing of of cash unlimited
00:28:12.700 taxation uh taking away private
00:28:15.920 property i mean it's it's crazy
00:28:18.720 aoc and the new green deal in
00:28:21.840 that it talks about this is the
00:28:24.680 transition from a free market
00:28:28.260 system so they're they're all
00:28:31.040 talking about this and i know
00:28:33.540 that i was i was reading
00:28:34.480 something from um i think
00:28:36.260 elizabeth warren this morning and
00:28:37.800 i thought gosh i've seen this
00:28:39.900 someplace before and so i printed
00:28:42.340 it up the constitution of the
00:28:45.000 union of social soviet socialist
00:28:47.080 republics now let me just stop me
00:28:52.100 if you recognize anything the union
00:28:55.040 of socialist uh republics is a
00:28:57.280 socialist state of workers and
00:28:59.960 peasants the soviets of working
00:29:02.860 people's deputies which grew and
00:29:04.880 attained strength as a result of
00:29:06.640 the overthrowing of the landlords and
00:29:09.760 the capitalist to achieve the
00:29:12.020 dictatorship of the people all power
00:29:15.520 belongs to the working people of a
00:29:17.580 town and a country as represented by
00:29:20.420 the soviets of working people's
00:29:22.400 deputies the socialist system of
00:29:25.280 economy and so socialist ownership
00:29:28.060 of means and instruments of
00:29:29.840 production firmly established as a
00:29:32.020 result of the abolition of capitalist
00:29:34.320 system in the economy uh blah blah
00:29:37.700 blah blah blah blah the soviet property
00:29:39.900 in the u.s exists either in the form
00:29:42.100 of state property possession of the
00:29:44.560 whole people or in the form of
00:29:46.860 cooperatives and collective farm
00:29:48.820 property now alongside the soviet system
00:29:53.360 uh of economy uh which is the
00:29:56.360 predominant form of the economy in
00:29:58.280 the u.s the law does permit small
00:30:00.680 private companies of individual
00:30:02.520 peasants and handcraftsmen based on
00:30:04.980 their personal labor and precluding
00:30:07.700 the exploitation of the labor of
00:30:09.840 others the rights of citizens to
00:30:12.200 personal ownership of their incomes
00:30:14.160 from their work their savings their
00:30:15.960 dwellings you know the the dwelling
00:30:18.180 houses and the household economy their
00:30:21.400 household furniture utensils articles
00:30:24.180 of personal use and convenience as
00:30:26.860 well the right as the right of
00:30:28.300 inheritance of personal property is
00:30:30.640 protected by law economic life of the
00:30:34.240 ussr is determined and directed by the
00:30:37.000 state national economic plan remember
00:30:40.280 they had a plan for everything with
00:30:43.560 the aim of increasing public wealth
00:30:46.140 pat did their economic plan their
00:30:50.260 national economic plan increase public
00:30:53.620 wealth
00:30:54.000 well in that everybody's wealth pretty
00:30:58.780 much decreased equally um i i think
00:31:02.300 yes yes did when at the end of the
00:31:05.200 soviet union had it steadily improved the
00:31:08.420 material conditions of the working
00:31:10.120 people
00:31:10.540 because that's what was in the
00:31:14.240 constitution that's what they had to
00:31:15.840 do it talks about all of the things
00:31:17.860 that now belong to the people and it
00:31:21.940 pretty much covers absolutely everything
00:31:24.220 but then there's this part in the
00:31:26.640 former soviet union constitution the
00:31:30.180 fundamental rights and duties of
00:31:32.940 citizens now who can explain how people
00:31:38.120 were treated in communist russia
00:31:40.660 either one of you are you still
00:31:45.960 focused on the shirt
00:31:46.880 how people were treated how power people
00:31:52.780 treated what was life like in the
00:31:54.440 former soviet union they were oppressed
00:31:56.500 they were hungry i don't know about
00:31:58.720 that didn't go anywhere hmm that's a
00:32:01.000 um they were told what jobs they had
00:32:02.960 to take move around yeah told what kind
00:32:05.820 of jobs they could have they were free
00:32:07.980 what sports they could get into but
00:32:09.980 yeah they were oh oh oh you kidding
00:32:12.300 me
00:32:12.540 yeah right right so here's article 118
00:32:16.520 of the soviet constitution citizens of
00:32:19.620 the ussr have the right to work it is a
00:32:23.880 guaranteed right of employment and
00:32:27.320 payment for their work in accordance
00:32:28.620 with its quantity and quality that's
00:32:31.000 that sounds familiar sound familiar at
00:32:33.480 all you have a right to work yep um
00:32:37.420 the citizen of the ussr has a right to
00:32:41.780 rest and leisure the citizens of the
00:32:46.120 ussr have a right to maintenance in old
00:32:48.700 age also in the case of sickness or the
00:32:51.720 loss of capacity the ussr citizens have
00:32:55.740 free medical service for all working
00:32:58.160 people oh that's and the provision of a
00:33:00.240 wide network of health resorts for the
00:33:02.820 use of the working people again familiar
00:33:04.800 this yeah the citizens of the ussr have a
00:33:08.180 right to education this right is ensured by
00:33:11.820 universal uh elementary education uh by
00:33:15.760 education including higher education being
00:33:18.580 free of charge wow women in the ussr
00:33:23.080 accorded equal rights with men the equality of
00:33:27.120 rights of all citizens in the ussr and that
00:33:30.500 happened don't you think everybody was equal oh yeah
00:33:33.320 yeah yeah like you could you could be gay or
00:33:36.700 whatever and it's not i mean it's still not a
00:33:39.620 problem in russia no now in order to ensure citizens
00:33:45.060 freedom of conscience the church in the ussr is
00:33:49.900 separated from the state and the school from the
00:33:54.560 church so they have in their constitution a
00:33:59.920 separation of church and state just like us
00:34:03.640 because that's right in our constitution too
00:34:05.740 no it's not directly in there no yeah freedom of
00:34:10.360 religious worship and freedom of anti-religious
00:34:13.140 propaganda is recognized for all citizens
00:34:16.560 article 125 in conformity with the interest of the
00:34:21.340 working people and in order to strengthen the
00:34:23.760 soviet system the citizens of the ussr are guaranteed
00:34:28.060 by law one freedom of speech b or two freedom of the
00:34:36.560 press three freedom of assembly the freedom to hold mass
00:34:42.240 meetings uh the freedom to have a street procession or demonstration
00:34:47.320 the uh freedom for uh communications
00:34:51.820 wow this i mean that sounds familiar too doesn't it
00:34:56.280 except did they have any of those things none of those things existed
00:35:01.600 in the in the former soviet union which is fascinating right yeah
00:35:06.100 right because of article 126 that says you know but if it's anything that goes
00:35:13.340 against what the people want and remember it's the it's the deputies that
00:35:19.040 decide what the people want if it goes against the people what the people want
00:35:24.340 and also it goes against the state then you're deemed um a radical and you will
00:35:32.380 be dealt with uh citizens of the ussr are are guaranteed uh the
00:35:39.380 the sacredness of the person the sacredness of the home and privacy of
00:35:45.320 correspondence is protected it is the duty of every citizen to
00:35:49.820 abide by the constitution of the uh union of soviet republics to observe the
00:35:55.240 law to maintain labor discipline to honestly perform public duties and
00:35:59.740 respect the socialist intercourse it is also the duty of every citizen of the
00:36:05.620 ussr to safeguard and strengthen uh public socialist property as sacred
00:36:12.920 uh it is the source of wealth and might of the country any persons committing
00:36:19.960 offenses against the public or socialist property are enemies of the people
00:36:25.660 isn't it amazing what happens when the constitution is a document of positive
00:36:31.960 liberties rather than negative liberties what do you mean pat i don't know what
00:36:36.840 that means well what that what that what i mean by that is that our
00:36:41.100 constitution is a document of what the government can't do to you their
00:36:46.080 constitution was what it was it was a document of what the government is going
00:36:50.760 to do for you with the exception of unless we don't like it right or you're not
00:36:57.680 the right person or you're in the wrong group or whatever yeah whatever it is plus
00:37:02.720 you wind up with the word intercourse in your in your constitution which is just
00:37:06.360 weird right like that that's a totally separate
00:37:09.400 issue but i think it's important okay i'm glad from the guy who brought us the
00:37:14.700 shirt uh news that you're also bringing us the uh the intercourse part you shouldn't
00:37:21.860 put the word intercourse in your constitution you should just know better than that it's
00:37:25.720 wrong i mean let's get him a thesaurus i mean obviously it was the free market
00:37:31.780 system that brought us the thesaurus uh i just find it uh i find it incredible how
00:37:37.860 far we've come and how fast we've come to reflecting the to having people running
00:37:45.100 for president who are reflecting the exact principles laid out in the soviet constitution
00:37:52.380 sometimes which are 180 degrees yeah some of them word for word 180 degrees in the opposite
00:37:59.040 direction of america and a free market all right back in just a second
00:38:03.880 despite what the movies say we're probably not going to wind up living in an apocalyptic
00:38:14.100 landscape dotted by roving zombies and warlords in in land rovers i mean first of all you can't bring
00:38:21.400 that land rover into the united states it's it's not fuel efficient and the emission standards are
00:38:26.820 totally different and even zombie warlords will abide by that law uh i'm
00:38:33.860 you know i don't think i'm going to have to trade stew for food i mean i can just change the
00:38:39.560 one letter stu to st e w and i think we're all going to be fine we're headed into national
00:38:47.940 preparedness month which as the name suggests is a time to make plans for disasters you know the real
00:38:54.440 ones you've done this i've done this by starting and building a food storage plan with my patriot supply
00:39:02.240 now they totally revolutionized the preparedness industry they have industry leading line of
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00:39:17.120 you might need at some point and this week save a hundred dollars on a four-week emergency food
00:39:23.000 package when you go to my special website called preparewithglenn.com that's preparewithglenn.com
00:39:29.300 these four-week kits include breakfast lunch dinner and they'll last up to 25 years in storage
00:39:34.540 they're shipped free discreetly to your door don't wait don't wait until everyone can see the writing
00:39:41.300 on the wall because then it's too late give yourself a peace of mind and and save a hundred dollars at
00:39:47.500 preparewithglenn.com preparewithglenn.com do it now this is the glenbeck program
00:39:54.720 and that's right welcome to the program today's a big day if you're a candidate that wants to get
00:40:15.940 into the debates uh looks like it's going to be only one night not two because they're cutting a lot
00:40:21.320 people out of it what are the standards and whose qualifyings do you need 130 000 individual donors
00:40:26.800 and you need four qualifying polls that show you at two percent or higher 10 candidates have qualified
00:40:32.500 for that already there's really only one who's on the fence as of today which was tom steyer uh steyer
00:40:38.320 had a amazing yeah and the only reason he had i mean he's spending a fortune in early states because
00:40:43.120 the early state polls count here however no one's releasing any early state polls so he's qualified in
00:40:48.840 all the early state polls that have been released but not enough of them have been released for him
00:40:52.400 to qualify so there was two national polls that came out today a couple interesting things one
00:40:57.600 steyer did not hit two percent in either one of them gabbard who's been completely screwed here by
00:41:02.620 the democratic party uh and she has a legitimate argument as to you know they just decided to count
00:41:08.240 the polls she didn't get to two percent in and not count the polls that she did get to two percent in
00:41:14.240 um she is looks like she's not going to make it either barring a flat last minute flurry of polls
00:41:20.080 it has to be released today the other interesting thing is if you remember this monmouth poll that
00:41:24.800 came out earlier this week showed a three-way tie basically with warren sanders and biden the two
00:41:29.380 national polls a credible poll yeah very good poll however it's one poll and the two polls that came
00:41:34.860 out today both also credible polls have uh biden up by 13 and 18 so it does not seem like we're at a
00:41:42.220 three-way tie right now you're listening to glenn beck
00:41:50.420 first they proposed universal free health click care including free unlimited abortions
00:41:59.880 then free college then open borders then universal basic income then the green new deal free phones
00:42:08.720 free internet free internet free cars free housing guaranteed jobs is what we're up to now
00:42:16.280 collectively over 70 trillion dollars in brand new government spending over the last over the next
00:42:25.900 10 years 70 trillion now how are we going to pay for that well don't worry the magic money fairy has
00:42:37.180 arrived it's called modern monetary theory part three in our series this week on what's the economy
00:42:46.520 doing what is washington doing what are we headed for in one minute this is the glenbeck program
00:42:55.840 you know i was thinking about my thinking about my dad and
00:43:03.020 my dad had a bad childhood growing up and um somewhere in the sound of my voice there's a
00:43:11.600 there's somebody just like that and everybody in my family for like the past five generations has been
00:43:19.340 a baker i'm just fat uh they baked and my dad worked hard and he didn't want to be like his dad my
00:43:28.760 my grandpa was uh on my dad's side was uh was a baker who made great breads and that was his art
00:43:37.360 my dad was into cake decorating and and pastries and all the things that now make me fat
00:43:43.840 but that was his dream that was his frontier my dad wanted to be the best that he could be he didn't
00:43:53.740 need to be the best in the world just the best that he could be and he took such pride in all of his baked
00:44:00.540 goods and he was on his feet all day long working in this i think almost forgotten art now where you
00:44:10.280 had to do it by hand and it came from within
00:44:14.580 my dad would come home he'd have such a bad back from carrying those sacks of flour and
00:44:22.380 and his feet always hurt
00:44:25.440 i wish he would have tried a pair of tecovis boots
00:44:32.840 because if you're on the on your feet all the time like i i work the studios all the studio floors are
00:44:40.020 concrete and if you're on your feet all day on concrete you know how much your feet hurt when
00:44:46.840 you get home don't have that problem all you have to do is wear a pair of tecovis they're comfortable
00:44:52.480 they fit perfectly they're for honest hard-working people who appreciate comfort and luxury in the
00:44:59.200 same product tecovis boots they're made the most exotic leathers available they're handcrafted by
00:45:05.280 world-class boot makers you know it takes 200 steps to make a pair of tecovis boots and yet their
00:45:11.340 boots cost about half of what a similar boot of quality would cost so check out tecovis try them
00:45:20.660 out now you're going to order them online they make it really easy to measure and get the right fit and
00:45:26.900 you can return them customers always write with tecovis find your pair now tecovis.com
00:45:33.640 slash back that's t-e-c-o-v-a-s.com to covis.com slash back to covis westernware for your frontier
00:45:44.560 this week we've been talking about economics and what is happening in our country on a monday we
00:45:54.840 we looked at our economic system and situation uh and and examined the long daisy chain of just
00:46:03.080 stupid policy decisions that go against logic dating over a hundred years both republicans and
00:46:10.620 democrats then the next day the trade war with china china has created more than 50 trillion dollars
00:46:19.320 just printed 50 trillion dollars so you know all the money in the world from every country all the
00:46:26.540 currency just piled up is 60 trillion china just printed 50
00:46:35.380 we talked to you about the importance of america and how the rest of the world
00:46:41.140 is truly depending on us we looked at recessions yesterday today i want to talk to you about how
00:46:49.920 how politicians are now saying we're going to pay for everything because they're proposing all kinds
00:46:55.700 of stuff free universal health care got it free unlimited abortions got it free college got it
00:47:01.840 guaranteed jobs for all the new green deal free phones free internet free cars free housing
00:47:10.220 everything 70 trillion dollars in brand new government spending over the next 10 years brand new so
00:47:18.460 that's that's not counting all the spending we're doing on top
00:47:22.140 now how are we going to pay for it well there's this new theory and it's wonderful because it's very
00:47:31.160 modern and you know it's modern when it uses the word mart modern the modern monetary theory it's
00:47:39.580 mmt here's what it says governments never need to worry about taxes they never need to worry about
00:47:48.700 budgets and they never need to worry about deficits because governments can print as much money as it ever
00:47:55.260 needs to spend to ensure full employment zero budget shortfalls unlimited spending capacity against any need want
00:48:06.540 or desire if the government says you know what we should have that they can print the money
00:48:15.020 now does this sound logical to you in any way shape or form
00:48:22.220 you need to know about mmt because it represents the newest brightest thinking among the liberal intellectual
00:48:28.860 elites and academics it was first proposed by an economic guru warren mosler in the mid 1990s it is now
00:48:39.420 fully embraced by the left and you have some candidates talking about it on um uh on the campaign trail but
00:48:49.500 one of the leading guys who is um uh an economist at bard college said quote it's not easy to move
00:48:59.260 people overnight it's very difficult to communicate these ideas in a way people can understand but what's
00:49:05.340 more important is that the conversation has profoundly shifted we're now talking about big bold policies
00:49:11.980 that everyone used to say were pie in the sky does that sound like elizabeth warren we're talking about
00:49:18.060 something big and bold and what they're talking about is abandoning everything the world has learned
00:49:25.020 about economics and trying this new theory now you know what's crazy about this new theory is
00:49:36.540 why hasn't anyone ever thought of it before i mean it seems so simple if the government wants to buy
00:49:45.340 something don't raise taxes just print more money then that seemed great this theory of finance is so new
00:49:58.620 as we speak mmt is being modeled and taught at harvard boston college usc and
00:50:05.340 mit traditional models of government financing uh place the the power of the purse in the hands of the
00:50:14.700 people because the government has to tax and it taxes to get its income so it takes your income and you
00:50:24.460 have the control knob on government spending because you you can vote them out of office you can say no
00:50:30.780 we're not doing this now i'd like to point out that we haven't been very good at regulating
00:50:39.580 which is probably why they're now saying we can spend anything
00:50:45.500 mmt reframes the reframes the way in which governments participate in economies it completely
00:50:53.820 divorces government budgets and spending from the private economy so rather than taxing our
00:51:00.460 borrowing from the population for its income the government has an unlimited budget and it can
00:51:07.020 spend that unlimited budget in its own discretion by just printing new money anytime government leaders
00:51:14.380 determine there's a new need for spending and there you have it mmt completely new a modern way for
00:51:23.660 governments to have unlimited budget so we can have whatever we want and never pay for it
00:51:32.300 oh man am i reminded of the kipling poem gods of the copybook headings and we had plenty of money
00:51:41.180 but nothing our money could buy
00:51:43.020 i i i find this astounding in its stupidity so let's look at modern monetary theory because it is
00:51:57.100 riddled with logical fallacies and it completely fails even just a just a quick glance and examination
00:52:07.580 so let's start here there's nothing modern about modern monetary theory using the word modern to
00:52:15.580 describe it simply resurrects and masks the classic con how to give a government spending power outside of
00:52:23.900 the will of the people it's done by generating accounting units now this is really important what is an
00:52:30.140 accounting unit an accounting unit an accounting unit is money currency currency you give that accounting
00:52:38.620 unit value by legal declaration it's worth something that's fiat and this is it can only really be
00:52:50.460 maintained by a monopoly through the use of force there are literally dozens of historical examples of
00:52:58.860 governments using their self-granted authority to print fiat currency to pay their bills for example
00:53:07.180 i want you to know all of these have met with financial disaster but here are a few of the most
00:53:13.100 noteworthy the very first paper fiat currency in the world was created by the tang dynasty in china it was
00:53:20.780 during the 17th century a.d merchants were order under ordered under penalty of death that they had to
00:53:29.980 accept this new modern currency in trade for goods and services by 1354 the currency had reached a state
00:53:38.540 of hyperinflation such as marco polo was paid for a single suit of armor from a local lord with 18 chests
00:53:48.780 filled with valueless paper chinese currency in the 18th century france the duke of orleans and scottish
00:53:58.380 economist john law founded the um founded the bank de generale and they issued paper currency to pay off more
00:54:07.660 than three billion dollars in government death uh debt after the death of louis the 14th
00:54:13.260 within five years inflation had reached 23 per month and then 55 per month eventually the
00:54:25.100 hyperinflation had bankrupt the entire country and it led to the french revolution but don't worry about
00:54:31.980 that following world war one weimar germany faced billions in war reparation payments while simultaneously
00:54:40.300 trying to rebuild its own infrastructure they didn't have the money facing the same default versus
00:54:46.700 inflate dilemma they thought you know what we can issue fiat currency germany chose to just print paper
00:54:55.420 currency to repay its debts the result was one million percent hyperinflation the government was uh was
00:55:04.620 printing five trillion dollar mark notes within two years a dozen eggs in germany cost 800 billion marks
00:55:14.780 the resulting economic crash and depression led to the success of the national socialist party because
00:55:20.540 once you have a crash you have the opportunity to go to socialism because socialism promises to pay for
00:55:27.900 everything and in that socialist party was a crazy man called adolf hitler the other examples just to state a few
00:55:38.780 the confederate states of america world war ii france soviet russia eva perone's argentina communist vietnam
00:55:47.100 modern day greece zimbabwe venezuela do we need to go on literally every time the printing press has been
00:55:54.380 used as a means for government to pay for expenses the result has been hyperinflation and eventually a
00:56:01.980 currency default and total financial collapse there are zero let me count them again zero zero historic
00:56:11.980 examples of governments using fiat currency for deficit financing where the fiat currency doesn't end up
00:56:19.660 valued again at zero
00:56:25.580 more in just a second
00:56:36.300 you know when the pioneers settled this country they had to cross west uneven swaths of land and they were
00:56:44.060 doing it in a conestoga wagon um
00:56:47.980 and i and and we have a conestoga wagon
00:56:51.100 we have one sitting in uh our hallway uh in the studio our main atrium
00:56:56.220 and it's from the 1800s and i look at that every time and i think your butt had to hurt
00:57:02.300 so much can you imagine crossing the country in one of those things
00:57:06.300 your back and your butt we live in a world where you don't have to worry about any of that
00:57:13.260 i have a hard enough time with my own back i'm not riding around in a bumpy prairie all day on a wood
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00:57:27.180 it's the greatest time in the history of mankind to be alive i mean let's not forget that no matter
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00:58:06.620 x chair beck.com we pause for 10 seconds station id
00:58:19.260 all right now literally every time the printing press uh has been used as a means for government
00:58:34.700 to pay the expenses and they just print money it always fails so modern monetary theory has nothing
00:58:42.380 to do with money this is really important it has everything to do with currency nothing to do
00:58:49.260 with money this is one of the logical fallacies of mmt it's the belief that governments can create
00:58:57.340 money they cannot they can print currency now aoc bernie elizabeth warren all of them they
00:59:06.220 i think maybe it's time we let them in a little secret that they don't teach on college campuses
00:59:10.220 anymore and i want you all to lean in real close okay squad are you there
00:59:16.220 governments cannot create money governments create currency currency a medium of exchange for
00:59:27.180 financial transactions currency is an accounting unit standing in for real money a unit of currency
00:59:37.820 just represents something that has real value that's what currency is instead of walking around
00:59:45.740 with a bar of gold or a bar of silver in your pocket you have one thin piece of paper it'd be hard
00:59:53.260 if we dealt in bars of gold but that paper represents something what is that well a belief that there is
01:00:05.020 actually something of value backing it up if governments could create real money
01:00:11.180 money that would be quite a magic trick wait a minute isn't that what the alchemists were trying
01:00:19.900 to do create real money create gold out of nothing if we could create real wealth none of us would ever
01:00:30.060 have to work again the problem is is that wealth creation is a process of invention risk application of
01:00:39.100 resources to generate something that has a market value wealth creation is entirely due to the effort
01:00:48.620 invention sacrifice of the people governments are not a component of wealth creation they actually are a
01:00:57.500 wealth destroyer now mmt assumes that all you need for wealth or value to exist is currency
01:01:06.700 isn't that great tell the people tell the people in weimar germany that tell the tell the tell the people in
01:01:14.380 in venezuela you got plenty of money look at that you got a trillion dollar note in your pocket
01:01:21.980 man now if currency is made available they believe people will react to the currency by selling things
01:01:33.020 goods services land and labor to the government but it's only true if the currency that they're
01:01:39.500 provided with is exchangeable for real money something of real value currency only has value as long as
01:01:47.900 people believe it can be exchanged for something of real value the moment that changes the moment the
01:01:54.940 people are like this isn't worth anything currency instantaneously stops being a representative of money
01:02:05.740 so modern monetary theory is not a theory because the theory is an unproven idea against which a process
01:02:15.660 of experience or experiments can test that hypothesis to provide empirical data which prove or disprove the
01:02:24.300 theory once a theory has been tested and it's reliably proven or disproven well then it's not a theory it
01:02:31.260 becomes a scientific or mathematical law that fits this perfectly dozens of countries hyperinflation
01:02:41.180 this isn't a modern monetary theory it's an antiquated currency law
01:02:45.740 life is so busy sometimes between family and your career who has time to you know really do all of
01:02:58.140 the hard work and heavy lifting uh when you have to find a great real estate agent how do you do it
01:03:03.660 how do you have you interviewed the real estate agents what do you ask them how do you know they're
01:03:07.900 good not all real estate agents are cut from the same cloth and i can tell you that because this this
01:03:14.380 company was built out of frustration between myself and my uh and my wife we were so fed up with the
01:03:21.580 process that we decided there's got to be a better way and through you know doing work with other
01:03:28.060 things i happen to find myself in a group of the 500 best real estate agents according to the wall street
01:03:34.620 journal in the country and i started asking them okay what makes you better than the next guy
01:03:39.820 well i found out there are a few really simple things so we put real estate agents to the test
01:03:47.580 all around the country we looked for those things we've put together a list of somebody that can help
01:03:53.420 you sell or buy your new home at real estate agents i trust dot com the best in the country
01:03:59.980 real estate agents i trust dot com christmas stories with glenn beck it's almost sold out in
01:04:05.340 salt lake city december 7th at kingsbury hall just print up some money and get your tickets today
01:04:18.060 i i want to talk to you today about um what you're hearing from the candidates so you can truly
01:04:25.580 understand they are serious about adding 70 trillion dollars of debt or spending to our bottom line over
01:04:34.940 the next 10 years 70 trillion they are also serious about changing our country fundamentally
01:04:45.580 our our bill of rights are the things that the government cannot do they want the things that the
01:04:52.300 government must do for everyone free housing guaranteed jobs uh guaranteed uh access to x y and z
01:05:04.940 free college all of these things well that costs money so how are they going to pay for it well
01:05:11.820 the first thing they're going to do is get rid of this evil capitalist system and then they're going
01:05:15.340 to start taxing people okay well i i just want you to know that's not going to be a smooth transition
01:05:23.340 you start moving away from the free market which elizabeth warren bernie sanders they're all saying it
01:05:30.860 you start moving away from a free market i mean in significant ways under the guise of global warming
01:05:42.060 the entire world is going to go down now it might reset because it's going to be so great when we just
01:05:50.140 when we just are taxing everybody and everybody's working as one such a utopian idea it's going to work
01:05:57.340 this time it will be different but what do they do because you can't raise enough tax money to pay for
01:06:04.780 the 70 million thus the modern monetary theory the theory is you governments don't have to raise taxes
01:06:15.500 they don't all they have to do is print money and it's really really simple you do that and everything
01:06:23.820 is great why even go to the people for taxes man why didn't we think of this why didn't we think of
01:06:31.180 this before so i've been going over it now let me just give you one final nail in the coffin of mmt or
01:06:38.380 as i like to call it antiquated currency law because this is a law you you you it's not a theory we've
01:06:45.740 tried this the world's tried this over and over again beginning with the chinese and ancient china
01:06:51.500 it doesn't work it never works but the final nail should be that it completely disconnects
01:07:01.340 government spending from the will of the people nobody likes taxes but taxes provide a check
01:07:08.220 against a runaway government spending and what they're spending it on if they don't have to come
01:07:14.540 to you do you think we're gonna have a they're gonna have a problem funding things that you don't want
01:07:21.500 now that's the last failure the logical fallacy that mmt advocates in a in a notion of in their
01:07:30.940 notion of things runaway inflation can be mitigated because if inflation starts to get out of control
01:07:37.660 the government can reduce government currency spending and or raise taxes to remove currency from
01:07:44.460 the circulation thereby fighting inflation it is it is not a surprise that it is academics who came up with this
01:07:53.900 because academics have absolutely no connection to the real world their idea is that if printing trillions of
01:08:02.860 dollars in new currency to pay for health care abortions the green new deal guaranteed jobs guaranteed houses free
01:08:10.460 free education results in inflation well the government will just stop paying for those social programs and raise taxes
01:08:20.140 in what kind of bizarro fantasy alternate universe world do these people live in
01:08:26.380 ivory tower crackpots like this are the ones who gave us post-modernist ideas like gender fluidity
01:08:33.500 and toxic masculinity syndrome but in the real world politicians do not stop paying for social programs
01:08:42.540 why because they're human beings who want to stay in power they definitely don't cut those services while
01:08:49.100 raising taxes that's the reason why there are no instances of mmt actually working in the real world
01:08:56.220 you don't have to live in a theoretical laboratory where human politicians are replaced by robots and voters
01:09:03.580 completely understand why their health care why their health care gets cut off
01:09:08.620 it's also the reason why academics should never be involved in real world policy making
01:09:15.340 the founders of our nation they knew this they were lawyers they were farmers they were preachers
01:09:21.900 preachers they were soldiers they were inventors they were merchants they'd seen the hyperinflation in france in
01:09:29.980 the 18th century which is why fiat paper currency is strictly prohibited in the constitution
01:09:37.820 money not currency money was legally defined as being gold or silver
01:09:44.860 and this modern monetary theory or sorry the antiquated currency law is among the more obvious
01:09:53.420 asinine and foolhardy ideas to be resurrected in a long long time the germans called it emergency
01:10:00.780 spending in france it was called royal checks in the confederate states it was called independence notes
01:10:08.780 today it's called quantitative easing
01:10:13.580 fortunately we're living in a time where a wave of socialism is looking for ways to pay over 70
01:10:19.740 trillion dollars in new social and environmental programs promised by politicians running against trump in 2020
01:10:27.340 we're so fortunate because maybe just maybe we're going to be able to be the ones to prove mmt wrong again
01:10:37.820 it's a terrible idea but one looking for politicians stupid and desperate enough to put it in place
01:10:47.100 against a spending plan that requires unlimited funds they're going to do it unless you're informed
01:10:56.620 you know what's coming you know what how really this system works you know as we explained on tuesday
01:11:04.940 how much the world is relying on us because this isn't working anywhere else but here and it's barely working here
01:11:14.620 but the rest of these countries all over the world are invested in our stock market and in our treasury bonds
01:11:25.100 if we screw around with our economy and we fundamentally change things in our economy
01:11:33.900 i warn you the world will be plunged into darkness
01:11:38.460 and may god save us from our own stupidity
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01:13:33.100 this is the glenbeck program
01:13:41.740 uh stew can do you have any idea what boris johnson did yesterday i i don't follow the the uh
01:13:49.660 i don't understand the parliamentary system at all i think what happens is they have a queen
01:13:54.700 she says oh yes you need to form a government and then all these people get together in a room they
01:14:00.460 yell at each other for a while the one that can either yell the loudest or stand the the yelling
01:14:06.620 the longest becomes prime minister and he's like who wants to yell on my side now it's as if you're
01:14:13.740 reading directly from their constitution as you described that's exactly how it works you know
01:14:18.780 yeah that's that's my basic american understanding of this yesterday he said that he is going to the
01:14:24.780 queen to ask her to disband parliament for a while yeah i mean this happens a lot in parliamentary
01:14:31.980 systems and i don't but i don't i don't like the system as we've discussed before i think america came
01:14:37.180 up with a like we have our issues but it seems like things but the president just can't go you know
01:14:42.860 what we're closing congress down i'm tired of listening to them whine yeah it's like the
01:14:46.380 equivalent of a pop quiz like you walk in and they're like a pop election and all of a sudden
01:14:50.780 everyone has to go back to the polls and come up with a whole new government um so right but he's not
01:14:55.500 he's saying that he's not going for another election he said there won't be another popular vote which is
01:15:00.780 he just wants yeah i know he just wants to uh shut down parliament for a while uh because they're
01:15:08.620 obstructing the people's will uh to get out of uh of um the eu and he said they're just yeah you
01:15:18.540 see all these things sort of happen in our system as well when there's you know politicians will use
01:15:23.660 these sort of weird you know little mechanisms to try to get a larger thing done it seems like the the
01:15:30.780 larger thing boris johnson is trying to get done is there's this october 31st deadline for for the hard
01:15:36.300 brexit and he believes i think correctly that the government is going to try to do everything
01:15:42.940 they can before that deadline to erase it so he's using his parliamentary maneuvers to attempt to
01:15:52.540 essentially put a gap in there where they can't do anything about it uh giving and it's it's totally
01:15:57.980 constitutional for them oh yeah yeah this is totally constant and it has been done before
01:16:02.620 yeah so he's just trying to honor what the actual people of the country said they wanted to do
01:16:10.220 legally and everyone else that seems you know hell-bent on making sure you know they they let
01:16:16.860 the people know that they know better than them and the government knows better that they don't
01:16:21.340 understand what they've done and we're gonna fix it for you give us more time to fix it for you and
01:16:26.060 boris johnson is just saying look you guys voted for this this is what you wanted this is what we all
01:16:30.060 talked about we all knew this was part of the the possibility of this happening and you know if we
01:16:35.180 keep backing up we're you know backing up and backing up and backing up we're never going to get a better
01:16:39.260 deal from the eu so uh you know it may very well be a hard brexit but that is something that was known
01:16:46.700 to be a risk when this vote occurred and will not be as horrific as everyone makes it out to be as it
01:16:52.220 never is wow um coming up we have uh the story of the woman who was dumped uh for ilan omar her
01:17:02.460 husband left her for ilan omar it's an amazing story if we have time i've got to get to the
01:17:07.580 palestinian story yesterday this came out i think like at 7 30 last night and uh all kinds of alerts
01:17:14.460 go off on my uh on my tablet and i'm like what's happening oh it's just that the state department has
01:17:20.300 erased the palestinian authority and palestinian territories from all of our official documents
01:17:26.540 and i i guess maps or whatever i don't know but they've they've just taken all of that stuff off
01:17:33.740 and uh that's kind of creating some concern with the people who are you know with the palestinians
01:17:41.420 that they're like wait what what just happened state department immediately issued said no no
01:17:46.220 this is not a change in our position
01:17:50.700 well you're not recognizing the palestinian authority at all you're not recognizing palestinian
01:17:57.100 territory uh that seems like a change in position because everybody else has been doing that
01:18:05.660 and uh we're going to look into that and what that means that i mean that's one ballsy move one real
01:18:11.660 ballsy move and it speculation is is that they have uh you know we we keep asking them to come to
01:18:21.340 to the table and do a two-state solution and they never ever do it i mean israel offered them a few
01:18:28.220 years ago absolutely everything that they say they were asking for and their own sovereignty okay two-state
01:18:36.060 two-state solution no they don't want that they want a one-state solution and they you know in their
01:18:42.220 charter they talk about that this will only happen when we destroy israel well then okay then you're not
01:18:49.820 dealing honestly so we're not gonna we're not we're gonna call it what it is and it's not your territory
01:18:56.380 they want this talking point too right they want this victim status they want it to exist forever
01:19:01.740 i mean it's a very disingenuous ask and it always is the same thing that happened when they said you
01:19:06.380 know what what we need here is that we need donald trump to come out and denounce white nationalism
01:19:12.620 we need him to do that after the shootings uh in el paso and so the next day he's out there
01:19:17.500 because he's i mean look he's denounced white nationalism several times he comes out and does
01:19:21.340 it again and then it's like well first of all too late too little and and next i mean look at all the
01:19:26.860 other stuff he hasn't done how come he hasn't done anything on guns how come he hasn't done anything
01:19:30.140 on this how come there was never a moment in which they cared if he actually came out and denounced
01:19:35.100 white nationalism that that wasn't part of it it was just what is the next thing we can beg for him to do
01:19:41.020 if he does it we'll just act like we never asked for it it would just act as if it was nothing we'll
01:19:46.380 just move on to our next complaint move the goalposts a little bit further and this is just a strategy
01:19:52.620 that has been well defined by the palestinian authority over a very long period of time
01:19:58.860 i also have a uh a monologue on the opioid crisis and the don draper of the opioid crisis the history of
01:20:09.500 of of uh oxycontin it it's pretty phenomenal when you when you learn the history of it which by the
01:20:17.100 way uh you know came from germany we're all good scientific things come from uh germany around the
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01:20:31.580 else uh and it is it for some it is a life-saving drug others it is scourge of the earth and people
01:20:41.580 who are truly suffering uh from pain that they just can't live with they're the ones that are going to
01:20:47.420 pay the price for this we have that coming up if if if we have time we just it's sophie's choice today
01:20:54.220 which story gets on the show one of those three for sure when we come back
01:21:05.100 you're listening to glenn beck
01:21:08.220 uh it is the last hour and we've got a great hour lined up for you we're going to start with
01:21:23.820 elon elmar in just a second i want to tell you about um relief factor relief factor really plays a
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01:21:44.300 it is totally changed my life you can you know how i'm feeling by the amount of time i spend at the
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01:22:34.300 the fusion of entertainment
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01:22:59.660 elanomar elanomar elanomar
01:23:11.740 why my husband was sleeping with the harlot from minnesota
01:23:19.500 why i just never seen anything like it my husband was being paid lots of money i don't
01:23:28.220 know if it's for his performance because he is rather robust in bed but he professed his love
01:23:38.780 for elan omar that story and what's behind it in one minute
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01:26:15.100 so divorce papers have now been followed uh been filed in washington dc and uh the wife and mom
01:26:27.340 says her political consultant husband left her for representative ilan omar
01:26:34.700 she's a doctor um she says her cheating spouse tim minette told her in april
01:26:40.460 i'm having an affair with a somali-born u.s representative i'm not going to tell you who
01:26:47.420 but she's somali-born she's a u.s representative
01:26:52.380 she's from minnesota and you probably can't figure it out but uh i love her i love her
01:27:01.020 so he told her and then he ditched her what'd you say stew
01:27:05.580 i like your the character that is i've never heard the person speak and i kind of like the way you've
01:27:12.140 made him uh sound i'm sure that's how he sounds why though there's no real reason you're this guy
01:27:19.580 he sounds like the guy who's saying ilan omar in the song which i don't know if that's i don't know
01:27:25.260 that's coincidental i'm in love with ilan omar yeah okay i like it uh so anyway so she's a physician
01:27:33.660 she's 55 uh he's 38 that has nothing to do with it that has nothing to do with it 55 i always wanted
01:27:43.180 i when i was a teenager i said i want to be married to a 55 year old woman uh so it's a dream come true
01:27:50.700 but uh has nothing to do with that mm-hmm so they have a 13 year old son together uh and uh
01:27:59.020 uh uh he works as a left-wing uh democratic supporter he is uh he works now for omar
01:28:07.740 oh yeah i'm working for it uh he works for omar and he also coincidentally worked for keith ellison
01:28:17.420 which is what a coincidence you know seriously so those are you know socialists run in packs
01:28:28.220 and they they pool the same resources uh and if you're allegedly stealing money or allegedly doing
01:28:39.340 something you know on the side i don't know what you're talking about i just love her you have to
01:28:46.460 get creative and you have to make connections without chocobardi sank from the uh what's its uh face the
01:28:55.180 the young turks the young turks the uh genocidal people that killed 1.8 million uh innocent uh
01:29:01.500 citizens it's a well no the organization named after that yeah okay got it um without without
01:29:07.420 chocobardi sank wouldn't have been able to co-found justice democrats and without those two
01:29:13.180 aoc's boyfriend would have lost out on thousands wait a minute
01:29:17.340 now there are two socialists that i've been keeping my eye on you know one of them is a squad
01:29:24.620 member ilan omar and the other one is the former congressman turned minnesota a minnesota attorney
01:29:30.940 general keith ellison it's kind of creepy uh the number of things they share including oh yeah
01:29:40.540 including omar's new squeeze well i just don't know why you keep referring he is a squeeze though
01:29:50.940 isn't he they've both represented the same district they both had tax problems they both had campaign
01:29:57.340 finance problems i know it's shocking that all these socialists are having tax problems and campaign
01:30:02.620 finance violations because they hate that stuff um we've covered omar's tax and campaign finance
01:30:08.380 problems at length but it's curious how her predecessor keith ellison was busted for exactly
01:30:15.500 the same problems well i mean keith ellison didn't marry his brother that we know of anyway when when
01:30:25.020 ellison was state representative he was busted for having 25 000 in unpaid taxes omar got nailed for
01:30:31.580 filing joint taxes with a man that wasn't her husband her brother ellison just didn't pay any
01:30:36.860 omar was caught using campaign funds for personal use but several years earlier the attorney general
01:30:43.100 now of minnesota the same state now that elan omar ran in sued ellison twice for campaign finance
01:30:50.220 violations they each apparently have the same love in their life they love cheating the irs they they
01:30:57.740 love bending campaign finance laws and they're both in love with the same man tim minette elan omar
01:31:08.380 last week the daily may uh daily mail released the uh video uh of omar is actually a couple of weeks
01:31:16.220 ago exiting the restaurant in california with tim tim minette and they were talking about how they were
01:31:22.780 you know oh they were snuggling and they were rubbing noses like eskimos cultural appropriation
01:31:29.740 they were holding hands they were acting like a couple and it doesn't matter i don't care about any of
01:31:34.700 this i don't care if they want to you know they want to romp like little bunnies let them i don't care
01:31:42.860 what i do care what i do care is
01:31:50.460 the smoke is covering what i think is the real fire and it isn't the fire love
01:32:01.180 minette has a work history that shows he's a current partner at a progressive strategies company
01:32:07.900 called east street group now what do they do well i don't know if you go and look up progressive
01:32:16.220 strategies and east street group you're going to come to a website that has a single page that tells
01:32:22.380 you nothing it doesn't even have a contact there's no way it doesn't have an email address or a phone
01:32:29.100 number nothing it just says accepting new clients by referral only so in other words you gotta know a guy
01:32:37.020 because i know a guy you know a guy i know a guy he can put you in touch with these guys okay
01:32:45.740 so i don't think he's worried too much about advertising uh you know for new clients because
01:32:50.460 he has hit the mother load with alana mar since alon's already been dinged for campaign finance
01:32:59.260 violations we decided to check out the fec records to find out if there was any unusual activity
01:33:05.420 between omar and minette well omar's campaign has dished out over a quarter of a million dollars
01:33:12.780 over the past 12 months to her new alleged boyfriend right i mean you think i like chicks from
01:33:20.860 somalia no she's got cash uh-huh now here's the weird thing i mean if that wasn't weird enough
01:33:30.860 he he gets paid in multiple five-figure payments every single month if you look at february of
01:33:40.540 this last year twelve thousand dollars they wrote a check to him on the seventh fifteen thousand on the
01:33:47.900 19th 24 000 on the 21st and the payments include everything from absolutely not vague at all descriptions
01:33:58.220 of consulting to travel expenses
01:34:04.060 24 000 where where are you going the moon
01:34:10.140 now you know maybe my internal clock is a little messed up but but isn't the 2018 election over
01:34:19.500 what should what could she possibly be getting from this guy you don't want to know what could she
01:34:25.900 possibly be getting from this guy where she's writing 250 000 checks
01:34:33.580 is that possible
01:34:36.940 now this year elan omar raised about 1.4 million that means out of everything that she has raised
01:34:47.580 she's given him a quarter of everything usually you know you'll get a bonus or you'll get paid a
01:34:54.940 percentage but it's not 25 percent i could see giving him you know that kind of money if you know he
01:35:05.260 helped raise 10 million dollars but 1.4 the math doesn't end up it doesn't add up and this kind of
01:35:13.500 spending is unusual for congressmen especially freshman congressmen if you look at dan crenshaw his fec
01:35:21.260 filings he hasn't spent more than 1600 for a single payment the entire year there is one entry for fundraising
01:35:31.180 consulting he wrote a check for 130 dollars 130 dollars omar spent a quarter of a million
01:35:44.300 to one guy i'm gonna go out on a limb and say
01:35:50.300 something's weird i mean that's a lot of exotic oils or i don't know i'm just saying quarter of a
01:35:59.420 million dollars now before my net met omar he was employed by keith ellison
01:36:06.460 this is the democratic congressional campaign committee uh labeling my not as ellison's main
01:36:14.940 point of contact and his national finance director now it's really weird that my not when you look at
01:36:22.940 his resume doesn't reference ellison at all you look at his linkedin page no keith ellison no i i have no i
01:36:31.900 he was also while he was the campaign finance director for ellison he was also the head of his
01:36:42.140 own company the minette group and like elan omar ellison pays this guy a lot tim minette was ellison's third
01:36:52.380 highest paid expenditure over the past two years 174 000 in 2018 this seems like a wreck a racket
01:37:04.780 his fec filings look identical to elan omar's nine thousand dollar payments every month going all the
01:37:10.620 way back to 2015 in 2014 ellison paid my not 92 000 and this was during the same period when my net was
01:37:20.300 working for working on ellison's staff so is there a racket going on here with with fundraising consulting
01:37:29.020 is this big business and if it is a racket what's going on
01:37:39.820 there's a lot of money that is changing hands and this money has they've tried to hide
01:37:50.860 this money they put in these um in these uh you know uh what do you call them still those front
01:38:00.780 you know the packs the money came from a pack so you give your money and you're like i want to give
01:38:08.140 elan omar money and then you're like i want to give her even more but the law won't let me so i'm going
01:38:14.940 going to give it to a pack that pack strangely is the one that is paying his salary he works directly
01:38:25.100 for the congresswoman how's that working
01:38:30.780 something is wrong with elan omar something is wrong with keith ellison and tim might not
01:38:38.620 uh i'm sorry i mean he might be okay in bed i don't know but that's not what's causing this love
01:38:48.940 affair there's something deeper oh deeper deeper well we will go there deeper into their love affair
01:39:00.700 to find out what's going on
01:39:12.380 i want to tell you about a guy in our audience his name is bill he's a farmer he was a a member of
01:39:17.500 that hallowed staple of american industry for over 40 years and he would go up in the morning and he
01:39:23.660 wouldn't come back until sundown and it really made him happy as he likes to tell people he figured on
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01:39:44.780 and the time came when he thought i'm gonna have to kiss my life goodbye i love farming i don't know
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01:40:34.460 your life because if it works you get your life back if you want a drug-free natural way to ease your
01:40:41.900 pain to get your life back go to relieffactor.com that's relieffactor.com we pause for 10 seconds station id
01:40:51.900 and then you're what was the voice of the guy who i don't know i don't know i'm not your trained little
01:41:17.740 no i i don't perform when you throw me a peanut they don't do it um well uh yeah are you interested
01:41:24.940 in hearing the new update to the biden gaff montage which continually expands at a rate even faster than
01:41:31.820 you and i uh this is a and that is saying something because my waistline is expanding like crazy do we
01:41:40.860 have enough time for this or to make sure we just play a short clip here uh can we get a ruling from the
01:41:45.340 we have time all right let's do the biden gaff montage here here we go and the other thing we
01:41:48.860 should do is we should challenge these students we should challenge students in these schools to
01:41:53.260 have advanced placement programs in these schools we have this notion that somehow if you're poor
01:41:58.220 you cannot do it poor kids are just as bright and just as talented as white kids wealthy kids black
01:42:05.900 kids i really mean but think how we think about it we choose unity over division we choose science over
01:42:13.180 fiction what else we choose truth over facts and so folks if you're interested join me i could use
01:42:21.020 the hell because we must must defeat this president to change the trajectory of this country when the
01:42:28.860 kids from parkland marched up to and i i i met with them and then they went off to up on the hill when
01:42:33.980 i was vice president they went off the hill to go into those neighborhoods all those congressmen were
01:42:37.980 like no i'm not here i'm not here just like in my generation when i got out of school that uh
01:42:44.460 when bobby kennedy and dr king had been assassinated in the 70s late 70s i got engaged my long time
01:42:52.140 friend and she's a friend she's been my friend in and out of public life there were 40 kids shot in
01:42:57.820 kent state on a beautiful lawn that's a lot and that's for god we should set up a system as i propose
01:43:02.780 which i will put if i'm elected president okay that allows the folks at hh the the folks at health
01:43:09.580 and uh the the health department yeah okay in the united states hhs right huh that's the latest the
01:43:17.100 last this is there we're adding like two of these a day yeah it's getting crazy yeah all of those by
01:43:24.300 the way are just from the last few weeks on the campaign trail yeah we make sure to not include you
01:43:27.980 know the old school stuff that you know oh so well it's getting to the point that where i think you know
01:43:32.220 biden is a was has always been sort of a fun gaffe machine and some of these just are starting to get
01:43:38.140 sad like they're they're right they're really they're making you i never said this about with
01:43:43.900 his gaffe machine i just always thought he's just unhinged it's starting when he's like h yeah
01:43:52.540 health department he just he's sounding sad confused and it's it's kind of hard to watch more in a minute
01:44:03.020 i mean not that hard because it's funny but
01:44:05.900 this is the glenbeck program we've all heard the phrase the rising tide lifts all bolts well in the
01:44:15.820 financial world throughout history even to this day that rising tide is represented by gold gold is a
01:44:23.900 great protection against inflation it is a solid investment that you can sink your teeth into
01:44:29.260 pardon the pardon the pun i i i like to use the example of a suit to explain money
01:44:37.980 as gold and currency as something made up if you were to buy a nice suit in the 1880s you might pay
01:44:46.300 20 bucks where today you walk into a store and you gotta dish out a thousand bucks but a thousand dollars worth of
01:44:54.220 gold in 1888 is the same as a thousand dollars worth of gold today so you could walk in with a
01:45:02.060 twenty dollar gold piece and you could buy a suit you can walk in with a twenty dollar gold piece today
01:45:07.020 and buy a giorgio armani that's on a bull run this year please batten down the hatches consider gold
01:45:15.580 call them now they're waiting for your call at 866 gold line 866 gold line read their important risk
01:45:20.940 information 866 gold line and join glenn this christmas for a special one night event in salt
01:45:26.380 lake city december 7th christmas stories with glenn beck get your tickets at glenn beck.com
01:45:41.420 hey welcome to it we're uh we're glad you're here um we want to talk a little bit about the uh
01:45:46.780 mystery of the space drone i think we're going to have to move the state department removing all
01:45:51.580 mention of palestinian authority and palestinian uh uh occupied lands um probably for tomorrow
01:46:00.940 because i want to first start with what's happening in the polls it's really interesting what's going on
01:46:05.900 today's the last day to qualify to be able to be in the democratic uh the next democratic debate and you
01:46:12.060 have to have 130 000 uh individual donations and you also have to have at least two percent in the
01:46:19.820 polls but they're picking and choosing which polls which is kind of interesting did you know in advance
01:46:25.340 stew did they were they told in advance which polls they had to be good in it does seem like you know
01:46:32.380 they did give you a list of the polls however the list is bizarre and the person who's making the
01:46:38.940 biggest stink about this is tulsi gabbard and she has a really good argument on this uh basically
01:46:45.100 the way that they have done this is 130 000 individual donors so it has to be individual
01:46:49.900 donors and 14 13 candidates have hit that threshold um all the big ones and then it's kind of the
01:46:56.460 smaller ones like um marianne williamson has hit that uh tom steyer the billionaire who spent a lot
01:47:02.700 of money to get those donations tulsi gabbard you know and people like andrew yang and castro
01:47:07.740 and klobuchar and o'rourke have all hit that so they've hit that you have to hit both uh clear
01:47:13.420 both hurdles though the other one is four polls at two percent or more in either national or early
01:47:20.540 states and they have to be among the approved list of the democrats so gabbard has hit as their campaign
01:47:29.340 says they have hit two percent in 26 different polls in this time period however only two of them
01:47:36.780 have counted so they now 26 is a big number they're throwing out there however they have some really
01:47:43.980 some of them are like internet polls not like unscientific internet internet polls but there's
01:47:48.220 a panel polls and sometimes they they wouldn't be included for good reasons but there have been two
01:47:52.700 polls that she got two percent in um one was uh the boston globe poll which is the newspaper with
01:47:59.820 the largest uh distribution in new hampshire one of the early states and uh the post and courier
01:48:06.860 which is the largest distribution of a newspaper in south carolina another one of the early states
01:48:12.620 both of those polls for unknown reasons are just not okay with the democratic party she hit
01:48:18.140 two percent in both of those polls and would qualify if it was not for this weird restriction
01:48:23.180 there's other i don't think that they i'm not saying that they're changing them to you know get
01:48:28.220 people out intentionally targeting people because i don't know but they don't want her they don't you
01:48:34.700 know the democrats they do not want her i think that's true i don't think they did it intentionally i
01:48:39.260 think it's just it is incompetence they couldn't have known she was going to hit it in these polls it's
01:48:43.580 just an obvious problem in that she was she's pulled well enough in all these other places
01:48:48.380 um and you know like for example there are you gov is a polling outfit that does polls in conjunction
01:48:55.180 with various different organizations um one of the you gov polls is included and counts as a qualifying
01:49:03.900 poll however you gov does polls in conjunction with the economist a well-respected publication
01:49:10.860 there's no reason that the poll would be any lower quality well uh those polls don't count and
01:49:16.700 gabbard has hit two percent in two polls done by you gov slash economist but you gov the other you gov
01:49:23.260 poll that is included she didn't get two percent so it was not included so it's really been i mean
01:49:27.740 look it's an imperfect process at some level it's hard to do but uh they have not done a good job as
01:49:33.580 you would expect uh i will tell you this tulsi gabbard is probably maybe one i don't know how
01:49:43.420 many of them i would actually trust but she's at least one that i uh you know we could we could elect
01:49:51.740 her i wouldn't vote for her but if if if she was elected i would be like okay well she doesn't hate
01:49:57.740 the country and she's not crazy some of her policies are crazy but you know she loves the
01:50:03.340 country she was in the military she doesn't she doesn't believe everything about this country is
01:50:08.620 bad that's that's something that's rare in the democratic party it is very well and and to this
01:50:15.260 point you know as she's needed these polls to qualify for these debates she's been on you know
01:50:20.300 back serving the country again and not campaigning i know which is pretty it actually made me really
01:50:25.740 like her yeah when she went back to serve for two weeks she had to do a two-week tour of duty
01:50:30.540 and i thought i like that she didn't try to get out of it she you know i don't think that appeals to
01:50:36.460 the democrats but it it speaks volumes about her character yeah i really like the two that are most
01:50:42.780 popular among conservatives in the democratic field are probably gabbard and yang uh they're like
01:50:48.780 yang too and they both have sort of different views i would say than the the typical uh democrat
01:50:55.660 though views that are way outside what i would be comfortable voting for or even coming close
01:51:00.060 to it oh my gosh no but i wouldn't i i would i would at least have some hope that we weren't going
01:51:06.940 to be destroyed by some theory from 1930 you know what i mean right uh you know yang is smart enough to
01:51:14.300 be looking forward uh and uh and everybody else is just like well i don't know what's wrong with
01:51:21.580 stalin right um another part of this glenn it tom steyer who is a billionaire spent all this money
01:51:29.100 trying to get the president impeached built a giant email list then decided to run for president he spent
01:51:34.300 millions of dollars in ads in early states figuring he can hit he can affect the polls most in these
01:51:40.220 smaller states uh bigger bang for the buck and he can get as long as he gets over two percent in the
01:51:46.780 polls in these early state polls he can qualify for the debate the problem is they just haven't
01:51:51.100 released enough of these early state polls so he hit three polls very early but has not been able
01:51:56.140 to get this fourth poll and unless a surprise one comes out before the end of the night he's not going
01:51:59.820 to get in and part of this problem here is that if you're going to say polling is an issue if you're
01:52:05.500 going to make polling one of the qualifying aspects to get into the democratic primary there has to be
01:52:11.500 polls in these early states like nevada is the third state that is going to be voting and there
01:52:17.340 has basically been no good polling that has come out of the state in months and so if you're going to
01:52:22.940 make polling one of the qualifiers you either have to uh you know get your own polls you have to go out
01:52:30.540 there and actually start your own poll and and pay for it so that these polls come out or you have to uh
01:52:37.900 include more of these polls you have to say some more are qualifying um because it really does wind
01:52:43.300 up screwing these candidates at the bottom the big takeaway though from all of this is that it looks
01:52:48.660 like unless something changes at the very last minute that there will be there will only be one
01:52:53.720 debate there will not be the two night thing that we've seen so far there will be one debate for
01:52:57.900 democrats 10 candidates i don't know i mean i'm torn on that one again i don't really care what's good
01:53:02.760 for democrats but also um the other part of it is i think a a debate that was split between 11
01:53:09.020 candidates over two nights you might actually get a little bit more out of like you have a candidate
01:53:13.300 yeah i guess you're right i get yeah i guess you're right on that yeah you're right on that
01:53:17.860 this is too many for one debate um five and one night six on another you might actually get a little
01:53:23.860 bit of substance out of these people instead of just constant uh you know bumper stickers but then
01:53:29.860 again i mean you know very few of them seem to have the ability to talk at any length on these
01:53:34.400 topics they they do seem to be bumper sticker generators uh you know what's interesting is is is
01:53:40.700 is tom's uh what's his name uh sire he is he's more detrimental uh than the coke brothers were
01:53:51.900 um he's just not known he's as big if not bigger currently than than soros isn't he
01:53:58.940 uh democratic yeah he probably is i mean again the coke brothers i think did a lot of really good
01:54:03.440 things too and one of them just passed away no i know that but i yeah i mean you know the coke
01:54:07.800 brothers were the you know the most evil presented as evil right right oh yeah and they were they were
01:54:13.580 funding people on the left as well they were not conservatives they aren't conservatives no um and yet
01:54:20.420 they were booed when you know david died uh and people cheered for uh for his death and you know
01:54:29.820 you don't even know the name tom steyer yeah you know most people don't even know he is as big as soros
01:54:37.500 this is unfortunate for tom because he really wants people to know his name now uh he's running for
01:54:42.080 president of the united states so you need to have some recognition he dumped a lot of money i mean
01:54:46.320 you know i i would assume that no uh one in this audience uh put themselves through the torture of
01:54:53.140 ever turning on msnbc but unfortunately it's part of our job and if you go you watch msnbc for 10
01:54:59.040 minutes you'd see at least one or two commercials from tom steyer saying it's time to impeach the
01:55:04.040 president the guy spent 10 you know millions of dollars he says he's going to spend a hundred
01:55:07.740 million dollars of his own money in this campaign to try to win it he has shown up at three and four
01:55:13.320 percent in some of these polls and because of all of his money you have to take him seriously though
01:55:18.920 i don't know that there's really any grounds over if he's not in this one right no i and this is one
01:55:24.860 of the weird things and you'll see this play out i think this debate entry is probably the least
01:55:29.360 important of all of them and the reason for that is the um the third and fourth debate the one that's
01:55:35.220 coming up here in september and then in one and i believe it's in october they have the exact same
01:55:40.360 uh qualification standards so if you have 130 000 donations now you've already cleared the the next
01:55:46.760 debate hurdle and also the the polls that counted for this debate will also count for the next one
01:55:53.000 so if you are at three like tom steyer is he only needs one more before the next deadline to get to
01:55:58.780 four so likely there will be more people in the next debate not less uh so you'll have 10 in this one
01:56:04.400 most likely you'll probably get to 12 13 maybe even 14 uh for the next debate and if you miss this one
01:56:13.260 but you're in the next one i don't know how much that really hurts you as long as you're in one of
01:56:17.420 the two if you're if you're at that point like seth moulton who whose campaign we lost recently glenn
01:56:22.880 where you can't get into any of the debates or mike gravel whose campaign we also sadly tragically lost
01:56:29.660 and i and we lost him before anybody knew who they were i know that's the saddest part you know
01:56:36.380 mike gravel sure his last day in government was the day ronald reagan was inaugurated but why couldn't
01:56:41.700 say it again say it again his last day with a government job was the day ronald reagan was
01:56:47.760 inaugurated uh but yeah sure he should be running was he 12 when he was uh no he's just 89 now
01:56:55.200 so 89 years old and he couldn't catch on he does something it's stunning glenn i think it's ageism i
01:57:04.600 you know what i do i think i think that you know these democrats are such ageists i know they only
01:57:11.080 want someone in their high 70s they will not go into the 80s and that's at least until if unless
01:57:16.180 biden wins and then runs for re-election then they'll be fine with the 80s but as of right now
01:57:20.400 i don't think that this is i mean this sincerely watching joe biden decay in public is sad it's
01:57:30.580 really truly sad yeah uh and uh he i just don't think he's i mean you know they're already saying
01:57:38.700 donald trump we need to have a psychological evaluation joe biden yeah joe biden maybe not
01:57:44.700 today but he is decaying in front of our own eyes and uh that's something that we probably should you
01:57:52.200 know every year just say hey uh yeah have you found yourself walking outside of the white house
01:57:59.220 wondering who you were and why you're in this strange building yeah it's weird i mean yes you
01:58:06.180 see him he looks tired often that's something you never get from donald trump remember trump is in his
01:58:10.680 70s too it's not like trump is i know it's crazy but he never seems like he's tired in public
01:58:15.400 um biden on the other hand is and he seems to be slipping and his style is not conducive to the
01:58:22.500 slipping like if you picture like picture barack obama at 78 years old he's a slow deliberate speaker
01:58:30.040 uh he does a lot of speeches is on prompter all the time that person as you slip a little bit you can
01:58:37.200 kind of get away with it for longer joe biden's kind of an off-the-cuff guy he speaks rapidly
01:58:42.420 he's he's always been gaffe prone but this is more of like he's missing words and sentences
01:58:48.580 he's just can't remember he can't remember things i mean it is sad and i don't i don't know if he's
01:58:54.120 going to be able to pull it off as soon as the democrats say to themselves no longer is he the
01:58:59.280 most electable because we see him slipping he's out that's the problem he'll he'll fall off a cliff if
01:59:04.980 the democrats decide that because i don't think they really like him no they just they'll tolerate
01:59:09.800 him because he was an icon on the left for a while but he's not the new left no uh and they just think
01:59:15.980 he can win it they think yeah the minute they think he can't win uh he's done he's done all right back
01:59:22.800 in just a second um so what is as bad as having to constantly fluff your pillow throughout the night
01:59:29.100 well i can think of a a few things um being hung as a you know a horse thief would be bad uh living
01:59:40.120 next to a nuclear power plant and the plane drive flies into it that would be bad but other than that
01:59:46.060 really you know not much not much it's the worst okay being locked in a refrigerator in the shining
01:59:54.660 uh you know hotel that would also be freaky but but having to fluff your pillow and having a hot
02:00:02.660 pillow all night is the worst except for those things you can get great discounts now on all my
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02:01:09.800 use the promo code beck right after this uh program in about 10 minutes i'm uh going to be taking phone
02:01:20.940 calls i'm up up at the ranch this week and i just want to talk to you i want to i want to hear from
02:01:25.960 you on how are you feeling about donald trump how are you feeling about the economy um what do you think
02:01:31.780 about the the next election what what is what's what what are you and your friends experiencing
02:01:40.340 right now where is the zeitgeist if you will of the the country um are you feeling the recovery
02:01:49.820 um are you feeling uh a recession in your own life i'd like to hear from you the number is 888-727-BECK
02:02:00.300 888-727-BECK call us right now i was taking phone calls here in you know about 10 minutes from now
02:02:08.120 and i really want to hear from you 888-727-BECK all phones next call us now
02:02:16.860 this is the glenbeck program
02:02:29.600 this is the glenbeck program
02:02:30.800 you
02:02:31.660 this is the glenbeck program
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02:02:38.560 this the glenbeck program
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02:02:43.520 the glenbeck program