The Glenn Beck Program - May 02, 2023


Best of the Program ｜ Guest： Heather Mac Donald ｜ 5⧸2⧸23


Episode Stats

Length

46 minutes

Words per Minute

152.57397

Word Count

7,039

Sentence Count

629


Summary


Transcript

00:00:00.240 Good ol' Bleep.
00:00:01.320 Good ol' Bleep.
00:00:02.560 What's Bleep doing today?
00:00:06.200 I love this attitude.
00:00:08.660 Love this attitude.
00:00:10.960 Makes me happy.
00:00:13.080 We've discovered a new attitude.
00:00:16.480 Changing the way not only the show is going to be,
00:00:18.540 hopefully, to the end of time, but also the way
00:00:20.220 I'm going to live my life to the end of time.
00:00:21.960 It is a good mantra
00:00:24.140 for your life.
00:00:25.240 That makes us to see how that works out.
00:00:27.880 That's it.
00:00:28.600 Every bad situation that you think you get all nervous about,
00:00:32.420 oh gosh, or the world is going to be destroyed,
00:00:34.380 instead say, huh, anxious to see how this works out.
00:00:37.100 Your son's arrested for drunk driving.
00:00:40.020 Huh.
00:00:40.980 I'm anxious to see how that works out.
00:00:43.800 It solves literally all your problems.
00:00:46.160 Right, it does.
00:00:47.480 Hey, we have massive inflation coming.
00:00:51.120 Huh.
00:00:52.180 I'm interested to see how that works out.
00:00:55.720 There's something really comforting about that.
00:00:58.600 You don't want to miss a second of today's podcast.
00:01:02.320 Brought to you in part by
00:01:03.760 the fine folks at American Giant.
00:01:07.640 In the 1960s,
00:01:08.920 95% of clothing Americans
00:01:11.060 was made right here.
00:01:12.900 I should sound like an old film reel.
00:01:15.040 Now, 97% is made overseas.
00:01:18.420 That sounds a little too much.
00:01:20.660 Like RFK Jr.
00:01:21.980 A complete reversal of the way things used to be in this country.
00:01:26.140 Now, we don't make anything.
00:01:28.340 It is the mission and the goal of American Giant
00:01:33.500 to invite manufacturing back to America.
00:01:37.200 They started doing it themselves.
00:01:39.520 In 2012, a clothing factory shut down in North Carolina.
00:01:43.200 The guy who runs American Giant was like,
00:01:46.840 we can't let this happen.
00:01:49.020 And so he went in.
00:01:50.500 He bought new equipment.
00:01:52.380 He retrained the staff.
00:01:54.260 And it changed the community.
00:01:56.560 That's the thing.
00:01:57.360 When you give people
00:01:58.400 the opportunity
00:02:00.420 to do something great,
00:02:02.860 to do something that they're proud of every day,
00:02:05.720 the whole community changes.
00:02:08.180 And that's the mission.
00:02:10.140 Change the community.
00:02:11.760 Change the country.
00:02:12.820 Change the world.
00:02:14.020 All with American labor
00:02:15.580 and American products.
00:02:17.340 It is American Giant.
00:02:18.860 If you're looking for great clothing,
00:02:21.100 American-Giant.com slash Glenn.
00:02:24.840 That's American-Giant.com slash Glenn.
00:02:28.520 You're listening to
00:02:35.760 The Best of the Glenn Beck Program.
00:02:41.440 Wow.
00:02:42.140 Stu, did you catch the New York Times,
00:02:44.400 the Daily today?
00:02:45.200 I did not.
00:02:46.040 No.
00:02:46.200 I haven't listened to it in months.
00:02:49.160 It's a good choice.
00:02:50.340 But I thought, you know,
00:02:51.820 today, maybe I'll see what they have to say.
00:02:54.360 And I learned so much
00:02:57.480 about the banking crisis.
00:02:59.340 Did you?
00:02:59.880 Yeah.
00:03:00.240 Yeah.
00:03:00.720 So, listen in and learn.
00:03:05.200 So, Gino.
00:03:07.540 Another day, another bank failure.
00:03:10.460 Starting to be the pattern these days.
00:03:12.560 Very much.
00:03:13.280 And after these two banks had failed,
00:03:17.320 Silicon Valley Bank,
00:03:18.540 then a couple days later, Signature Bank,
00:03:20.960 the hope,
00:03:21.740 and I'd say the expectation,
00:03:22.780 was that this crisis
00:03:24.280 might be over.
00:03:25.960 It was not over.
00:03:26.840 In fact, the third bank,
00:03:28.300 First Republic Bank,
00:03:29.300 collapsed.
00:03:30.700 And it was even bigger
00:03:32.540 as a bank
00:03:33.660 than the previous two that failed.
00:03:35.160 So, tell us about
00:03:36.040 why First Republic Bank
00:03:38.060 ultimately went under.
00:03:39.900 I think that what happened
00:03:41.440 at First Republic
00:03:42.340 was sort of a slow motion reaction
00:03:44.680 to what happened
00:03:45.820 at Silicon Valley Bank,
00:03:47.520 that first bank that failed.
00:03:48.840 The other thing is
00:03:49.980 a lot of the sort of
00:03:51.700 assets on First Republic's balance sheet,
00:03:53.840 a lot of its loans,
00:03:55.320 a lot of its, you know,
00:03:56.160 sort of business,
00:03:57.120 isn't actually all that bad looking.
00:03:59.000 It just didn't hold up well
00:04:01.380 in the face of rising interest rates.
00:04:03.500 And J.P. Morgan
00:04:04.400 has also, in this case,
00:04:06.860 got some guarantees
00:04:07.880 from the government.
00:04:08.820 The government is going to share
00:04:10.160 in losses
00:04:11.160 on the portions of the business
00:04:13.380 that aren't looking so hot.
00:04:14.640 Wait.
00:04:15.240 Now, does that mean that
00:04:16.420 the government,
00:04:17.280 and by that I mean
00:04:17.920 you and me, the taxpayer,
00:04:18.820 are now subsidizing
00:04:20.540 J.P. Morgan Chase's purchase
00:04:22.140 of First Republic.
00:04:23.720 So far, the government
00:04:24.380 has been careful to say
00:04:25.660 that no taxpayer money
00:04:27.040 is being used
00:04:28.360 to bail out
00:04:29.000 any of these failing banks.
00:04:30.920 So is that true
00:04:32.180 in this case
00:04:33.120 as well?
00:04:34.100 It is.
00:04:35.300 But it's a little bit complicated.
00:04:37.040 This deal is going to cost
00:04:38.580 the government
00:04:39.020 about $13 billion,
00:04:40.760 which is going to be covered
00:04:42.040 by the insurance fund
00:04:43.420 that's paid by
00:04:44.540 every federally regulated bank.
00:04:46.500 So it's not taxpayer money per se.
00:04:50.120 But the banks will tell you
00:04:51.780 and some people outside
00:04:52.840 of the banks will tell you
00:04:54.080 that while this is paid for
00:04:56.800 by assessments on banks,
00:04:58.560 at the end of the day,
00:04:59.620 that comes back
00:05:00.580 to hit the bank customers
00:05:01.940 because the banks
00:05:03.000 are going to raise the money
00:05:03.920 by charging more fees
00:05:06.720 on mortgages,
00:05:07.860 on bank accounts,
00:05:08.740 on things like that.
00:05:10.100 Okay.
00:05:10.220 And so it's possible
00:05:11.880 that you'll still end up
00:05:13.000 subsidizing this
00:05:14.280 whether it's directly or not.
00:05:16.660 It's possible.
00:05:17.360 And even if you don't want to.
00:05:19.080 So if you have
00:05:20.000 any relationship
00:05:20.980 with a federally regulated bank,
00:05:23.540 which almost all of us do,
00:05:24.880 you're in one form or another
00:05:26.660 eventually helping to pay
00:05:28.580 for this deal.
00:05:30.120 Yeah, exactly.
00:05:31.600 So if you're JPMorgan Chase,
00:05:32.960 this is a pretty good deal,
00:05:34.360 obviously,
00:05:34.920 but there's something
00:05:36.880 a little bit funny about it,
00:05:38.160 which is that JPMorgan Chase
00:05:39.620 is already the nation's
00:05:41.260 largest bank.
00:05:42.360 And after the financial crisis
00:05:43.900 in 2008,
00:05:44.780 the whole idea
00:05:45.940 was that big banks
00:05:47.260 shouldn't get any bigger,
00:05:48.780 shouldn't be buying up
00:05:49.620 their rivals
00:05:50.180 because they might become
00:05:51.480 too big to fail.
00:05:53.020 So this deal
00:05:54.240 seemed kind of at odds
00:05:56.540 with that.
00:05:57.580 So it is a little weird.
00:05:59.020 I think the message
00:06:00.240 we all took from 2008
00:06:01.620 was that really big banks
00:06:03.540 can be dangerous.
00:06:04.820 And certainly,
00:06:05.760 that was baked
00:06:06.480 into the legislation
00:06:07.320 that we saw passing
00:06:08.300 after 2008.
00:06:09.580 We saw a restriction
00:06:10.580 that said the largest banks
00:06:12.460 in America
00:06:13.140 can no longer acquire
00:06:14.560 really big banks
00:06:15.880 because we don't want
00:06:17.000 too much of the nation's
00:06:18.400 deposit base
00:06:19.120 concentrated at any one bank.
00:06:21.160 Right.
00:06:21.440 We don't want that.
00:06:22.220 However,
00:06:22.880 there was an exception
00:06:24.000 to that rule.
00:06:25.000 And the exception is that
00:06:26.240 if a bank is failing,
00:06:29.480 a large bank
00:06:30.160 can acquire it.
00:06:31.420 And that's really
00:06:32.040 what we saw
00:06:32.740 come into play here.
00:06:34.900 JPMorgan was also
00:06:36.080 able to offer
00:06:37.120 the least cost option
00:06:38.460 to acquire
00:06:39.140 First Republic.
00:06:39.740 Stop.
00:06:40.220 You gotta stop.
00:06:41.740 You gotta stop.
00:06:42.500 Okay, wait a minute.
00:06:43.300 Wait a minute.
00:06:44.320 So we learned
00:06:45.360 that big banks
00:06:46.440 were bad.
00:06:48.160 And big banks
00:06:49.460 can't grow
00:06:50.740 any bigger.
00:06:52.440 But how do they
00:06:53.360 grow bigger, Stu?
00:06:54.700 They grow bigger
00:06:55.440 by buying
00:06:56.560 other banks.
00:06:57.940 Other banks.
00:06:58.340 Okay.
00:06:59.060 So they can't do that.
00:07:00.340 No.
00:07:00.920 But if that bank
00:07:02.060 fails,
00:07:03.000 Right.
00:07:03.440 they can do that.
00:07:04.500 Of course.
00:07:05.120 Right.
00:07:05.780 That makes total sense,
00:07:07.360 doesn't it?
00:07:07.960 So they can become
00:07:08.920 much bigger,
00:07:09.600 much more cheaply.
00:07:11.120 That was the goal
00:07:12.640 of the legislation.
00:07:13.540 Yeah, yeah.
00:07:14.020 And I mean,
00:07:15.320 you know,
00:07:15.720 not that the Federal Reserve
00:07:16.960 is playing favorites
00:07:18.280 at all.
00:07:19.620 JPMorgan Chase.
00:07:22.300 That's incredible too.
00:07:23.300 And it's like
00:07:23.600 they had to buy
00:07:25.260 the bank.
00:07:25.840 They were able
00:07:26.600 to designate
00:07:27.720 what parts of it
00:07:28.900 they didn't want.
00:07:29.900 So this is the
00:07:31.380 partnership
00:07:31.840 with the government.
00:07:32.480 The government's
00:07:33.120 going to share
00:07:33.500 the burden.
00:07:34.420 No.
00:07:35.120 You gave
00:07:35.800 all of the
00:07:36.420 good assets
00:07:37.420 to JPMorgan Chase.
00:07:39.580 We took
00:07:40.340 all the
00:07:40.740 bad assets.
00:07:42.220 Right.
00:07:42.940 I mean,
00:07:43.480 who does
00:07:44.560 this deal?
00:07:45.880 It's incredible.
00:07:46.620 It's like
00:07:46.880 one building
00:07:48.640 in an apartment
00:07:49.220 complex burns
00:07:50.100 to the ground
00:07:50.720 and then you say,
00:07:51.580 well,
00:07:51.900 I'm going to come in
00:07:52.540 but I'm not going
00:07:53.060 to take over
00:07:53.540 any of the
00:07:53.980 responsibility
00:07:54.540 for the one
00:07:55.280 that burned down.
00:07:56.080 I'm just going
00:07:56.380 to take all
00:07:56.940 of the nice
00:07:57.480 buildings
00:07:57.960 that are still
00:07:58.420 operating
00:07:58.840 with all
00:07:59.240 renters in there
00:08:00.540 paying their rent
00:08:01.300 completely fine.
00:08:02.260 I'll take all
00:08:02.820 of those over
00:08:03.380 for 80%
00:08:04.320 off the cost.
00:08:05.300 Right.
00:08:05.740 Oh,
00:08:05.940 great.
00:08:07.120 Yeah.
00:08:07.700 You'll do that.
00:08:08.580 That's wow.
00:08:09.540 Thank you so much.
00:08:10.380 Now,
00:08:10.400 listen,
00:08:10.760 if any of my
00:08:12.080 renters start
00:08:13.080 not paying the rent,
00:08:14.660 you're going to have to.
00:08:15.240 You're going to have to take those.
00:08:15.860 You'll take it off.
00:08:16.480 But you can do it
00:08:17.180 on insurance.
00:08:18.340 You just
00:08:18.700 get money
00:08:20.720 from all the other
00:08:21.680 apartment complexes
00:08:22.760 which are going to charge
00:08:24.800 all of the other people
00:08:26.180 in those apartments
00:08:27.120 more money
00:08:27.940 to rent their house
00:08:28.820 so in case
00:08:30.060 some of my
00:08:30.620 renters go down,
00:08:32.280 you can pay me.
00:08:34.460 Wow.
00:08:36.140 What a good deal
00:08:37.500 for the United States
00:08:38.780 of America.
00:08:39.820 Yeah.
00:08:40.380 We win again.
00:08:41.700 Yeah.
00:08:42.220 And by the way,
00:08:43.200 an insurance fund,
00:08:44.020 when does this dry up?
00:08:45.540 How many banks
00:08:46.120 does this need to happen to
00:08:47.400 before we have nothing
00:08:48.380 left in this account?
00:08:49.340 Okay.
00:08:49.660 So there,
00:08:50.380 from what I understand,
00:08:51.220 there was nothing
00:08:51.880 left in the account
00:08:52.980 after we bailed out
00:08:54.940 Silicon Valley Bank.
00:08:55.880 Okay.
00:08:57.180 But,
00:08:57.960 but,
00:08:58.840 it gets complicated here,
00:09:00.660 Stu.
00:09:01.160 It gets complicated.
00:09:02.720 The government
00:09:03.460 will just print
00:09:04.480 more money.
00:09:07.040 Oh.
00:09:08.300 Well,
00:09:08.800 but,
00:09:09.560 wait a minute.
00:09:11.240 That doesn't seem
00:09:12.440 complicated?
00:09:13.340 Yeah.
00:09:14.020 No.
00:09:14.500 Well,
00:09:14.700 you got to get the ink
00:09:15.600 and the paper.
00:09:17.660 But they're digitizing
00:09:19.040 and that's where
00:09:19.820 it gets complex.
00:09:20.900 Do we digitize it
00:09:22.120 or do we print it?
00:09:23.980 They don't know.
00:09:24.760 They don't know.
00:09:25.200 They'll have meetings
00:09:25.980 and stuff.
00:09:27.280 So it gets complicated
00:09:28.360 and probably a little bit
00:09:29.520 too much for you
00:09:30.220 to understand.
00:09:31.060 Yeah.
00:09:31.340 Above my pay grade there.
00:09:32.480 Above your pay grade
00:09:33.240 just a little bit.
00:09:34.220 They say,
00:09:34.720 by the way,
00:09:34.920 $128 billion
00:09:35.940 are in this,
00:09:36.660 this fund.
00:09:38.000 Uh-huh.
00:09:38.580 Uh-huh.
00:09:39.320 Now,
00:09:39.700 I know they just said
00:09:41.200 this bank had
00:09:42.580 $120 billion
00:09:43.880 that were,
00:09:45.020 people pulled out
00:09:46.140 that caused this crisis
00:09:47.440 in the first place.
00:09:48.260 Right.
00:09:48.600 One bank.
00:09:49.440 One bank.
00:09:50.160 Yeah.
00:09:50.320 They lost $120 billion.
00:09:52.400 Yeah.
00:09:52.580 There's $128 billion
00:09:53.620 in the entire fund.
00:09:54.840 Yeah.
00:09:55.500 So,
00:09:56.020 and we just spent
00:09:56.740 apparently $13 billion
00:09:58.340 of it.
00:09:59.000 Yeah,
00:09:59.060 but you're not going to be,
00:09:59.660 the taxpayer is not going
00:10:00.700 to bear that burden.
00:10:01.360 No.
00:10:01.700 What happens when that runs out?
00:10:03.520 Well,
00:10:03.760 you're not going to bear
00:10:04.360 that burden.
00:10:05.300 No.
00:10:05.480 They will get that money
00:10:06.400 from the banks.
00:10:08.220 Okay?
00:10:08.660 And the banks will get
00:10:10.620 that money
00:10:11.240 just from people,
00:10:13.300 you know,
00:10:13.560 really rich people,
00:10:15.080 people who have
00:10:15.660 bank accounts.
00:10:16.660 Okay?
00:10:17.340 You've got a bank account.
00:10:18.720 Sure.
00:10:19.740 You're a fat cat
00:10:20.860 who's going to even,
00:10:21.960 you probably have so much,
00:10:23.300 I'm speaking directly
00:10:24.420 to those few people
00:10:26.080 in this audience
00:10:26.860 that have bank accounts.
00:10:28.300 Mm-hmm.
00:10:28.600 Yeah,
00:10:28.800 there's only a few.
00:10:29.400 You've got a bank account.
00:10:31.100 You're not even going to
00:10:31.800 notice that's missing.
00:10:33.620 Mm-hmm.
00:10:34.280 You know what I mean?
00:10:35.260 Yeah.
00:10:35.540 Yeah,
00:10:35.820 okay.
00:10:36.260 Yeah,
00:10:36.520 so it's not you
00:10:37.780 the average taxpayer.
00:10:39.800 It's just people
00:10:40.720 that have bank accounts.
00:10:42.420 Oh,
00:10:42.580 okay.
00:10:43.380 Yeah,
00:10:43.660 I have another question.
00:10:45.040 Yeah,
00:10:45.600 just a sidebar here.
00:10:46.480 Yeah,
00:10:46.540 yeah,
00:10:46.660 yeah.
00:10:46.780 So they also,
00:10:47.840 to get through this crisis,
00:10:49.960 the last couple months,
00:10:51.360 when we were told
00:10:52.860 they were going to make it
00:10:53.660 because we had
00:10:54.760 all these incredible actions.
00:10:56.420 No,
00:10:56.440 it's all passed,
00:10:57.100 except for the stuff
00:10:57.860 that they know about
00:10:58.640 that might be coming.
00:10:59.640 They also borrowed
00:11:00.720 about $50 billion
00:11:02.460 from the Fed
00:11:04.080 what happens with that?
00:11:06.440 Like,
00:11:06.660 does JPMorgan Chase
00:11:07.900 have to pay that back?
00:11:09.820 No,
00:11:10.100 they got that back.
00:11:12.320 What?
00:11:13.080 Hmm?
00:11:13.440 They go,
00:11:13.780 what?
00:11:14.340 That money just is like,
00:11:15.800 why is your voice
00:11:16.760 getting so high when you're,
00:11:17.700 I'm just saying
00:11:18.400 that they just don't have any,
00:11:19.780 you know,
00:11:20.100 that money is like,
00:11:22.180 it's,
00:11:22.940 there's nobody to pay it.
00:11:24.820 There's,
00:11:25.340 I mean,
00:11:25.860 right.
00:11:26.360 So there's no,
00:11:27.500 there's no money there.
00:11:28.740 So it's just like,
00:11:29.660 it just disappeared.
00:11:32.540 Wait,
00:11:33.160 what?
00:11:33.500 What do you mean
00:11:34.580 it just disappeared?
00:11:35.680 It's on a balance sheet
00:11:37.300 someplace,
00:11:38.380 but we don't know
00:11:39.120 where.
00:11:40.060 and who pay,
00:11:41.180 probably the same
00:11:42.540 damn people
00:11:43.620 that own those
00:11:44.360 bank accounts.
00:11:45.400 Oh,
00:11:45.880 okay,
00:11:46.360 good.
00:11:46.640 You know,
00:11:46.820 we're going to squeeze
00:11:47.800 them to get that money back.
00:11:49.560 Because they keep telling me
00:11:50.620 if we have,
00:11:51.380 if you have at least
00:11:52.000 $250,000
00:11:53.240 in your bank account,
00:11:54.020 your money is safe.
00:11:54.960 That money is guaranteed
00:11:56.100 by the federal government.
00:11:57.600 Okay,
00:11:58.180 well,
00:11:58.640 I don't believe them.
00:12:01.240 What do you mean?
00:12:01.680 I don't.
00:12:03.080 What do you mean?
00:12:03.560 You go to,
00:12:04.280 you have $250,000.
00:12:05.600 Are you pulling your money
00:12:06.680 out of the bank?
00:12:07.960 I mean,
00:12:08.540 I'm,
00:12:08.920 I'm very,
00:12:09.620 I don't know what to do,
00:12:10.540 honestly,
00:12:10.960 at this point.
00:12:11.360 You leave your money
00:12:12.080 in the bank.
00:12:12.520 You make sure that you
00:12:13.200 don't have more
00:12:13.820 than $250,000.
00:12:15.400 The government
00:12:16.200 will just
00:12:17.240 make more.
00:12:19.580 What?
00:12:19.700 That is basically
00:12:20.680 what we're all
00:12:21.220 supposed to believe,
00:12:21.800 right?
00:12:22.580 And they will.
00:12:24.620 They will
00:12:25.620 just print
00:12:26.980 more.
00:12:28.860 What do you,
00:12:29.240 to cover all losses
00:12:30.620 from all bank accounts?
00:12:32.000 Yes.
00:12:33.500 They'll just keep printing.
00:12:35.200 Well,
00:12:35.400 what is that?
00:12:35.820 Does that have any
00:12:36.560 modern monetary theory?
00:12:38.360 It's modern,
00:12:38.780 I'm being dead serious.
00:12:40.140 I know.
00:12:40.440 This is modern monetary theory.
00:12:41.700 I'm a tad concerned
00:12:43.240 as what the fall might be to that.
00:12:45.600 Why?
00:12:46.820 Well,
00:12:47.040 because it possibly happen.
00:12:48.220 I mean,
00:12:48.900 inflation,
00:12:49.440 economic collapse.
00:12:51.440 Inflation is transitory,
00:12:52.840 and the Fed
00:12:54.000 is working on that.
00:12:55.500 They have a plan.
00:12:56.400 In fact,
00:12:57.160 when the call came in
00:12:58.540 from Vladimir Zelensky,
00:13:00.220 who wasn't
00:13:01.840 Vladimir Zelensky,
00:13:03.140 let me tell you something.
00:13:04.460 If your organization
00:13:06.100 can't figure out
00:13:08.360 if that's actually
00:13:09.960 the leader of Ukraine
00:13:12.300 on the phone,
00:13:13.960 you shouldn't have
00:13:15.600 a credit card,
00:13:17.020 let alone
00:13:17.700 be in charge of the Fed.
00:13:19.460 I'm just saying.
00:13:21.000 But once again,
00:13:22.840 a central banker
00:13:23.920 is fooled
00:13:24.780 by this group
00:13:25.960 of people
00:13:26.300 that are posing
00:13:27.340 as Vladimir Zelensky
00:13:28.680 and then recording it.
00:13:30.900 And it's not
00:13:31.660 on the phone.
00:13:32.920 Apparently,
00:13:33.840 it's a video conference call.
00:13:36.620 How are they falling
00:13:38.320 for a Skype call?
00:13:40.720 Yeah,
00:13:40.840 don't know.
00:13:41.940 Don't know.
00:13:42.820 But maybe,
00:13:43.580 you know,
00:13:43.820 just the computer rings
00:13:45.000 and you just,
00:13:48.220 oh,
00:13:48.480 hang on.
00:13:48.960 I've got a FaceTime
00:13:50.540 call coming in.
00:13:52.440 It's Vladimir Zelensky.
00:13:55.260 We didn't hear
00:13:56.760 from your people
00:13:57.620 or anything.
00:13:58.400 How'd you get
00:13:59.120 my number?
00:14:00.780 Well,
00:14:01.160 let me tell you
00:14:01.780 all my deepest,
00:14:02.740 darkest secrets
00:14:03.480 that I'm not going
00:14:04.320 to tell everybody else,
00:14:05.740 but I'll tell you,
00:14:07.100 Vladimir,
00:14:07.700 because you're
00:14:08.360 trustworthy.
00:14:10.000 Here's what
00:14:10.980 Powell said.
00:14:13.320 Now,
00:14:13.660 this is not
00:14:14.160 what he's telling
00:14:14.800 the American people.
00:14:16.460 Listen to this.
00:14:18.420 But what we're
00:14:19.240 going to find
00:14:19.720 is that growth
00:14:20.480 in 2022
00:14:21.460 was positive
00:14:23.540 but modest.
00:14:24.520 It was subdued.
00:14:25.860 So,
00:14:26.400 you know,
00:14:26.920 1%
00:14:27.640 around that level.
00:14:30.160 In terms of this year,
00:14:31.680 most forecasts
00:14:32.540 call for the U.S. economy
00:14:33.700 to continue to grow
00:14:34.700 but at a pretty
00:14:35.400 subdued level.
00:14:36.520 So,
00:14:36.960 growth of less
00:14:37.640 than 1%.
00:14:38.360 Less than 1%.
00:14:39.580 So,
00:14:39.940 stop for a second.
00:14:41.420 Is anyone,
00:14:42.880 does anyone
00:14:44.480 on the planet
00:14:45.660 think
00:14:46.380 that growth
00:14:47.980 of less
00:14:49.560 than 1%
00:14:51.040 is really growth?
00:14:53.900 I mean,
00:14:54.160 I think that's probably
00:14:54.860 in the margin of error.
00:14:56.520 Yeah.
00:14:57.040 And I,
00:14:57.420 honestly,
00:14:58.300 considering what other
00:15:00.140 economists are saying,
00:15:01.820 growth of
00:15:02.820 under 1%
00:15:04.180 would be positive.
00:15:05.420 Yes.
00:15:05.720 Yes, it would.
00:15:06.760 Compared to what
00:15:07.320 they're actually predicting,
00:15:08.120 which is recession.
00:15:08.860 Right.
00:15:09.200 So,
00:15:09.600 he's maybe
00:15:11.440 in the spin zone
00:15:12.820 where he's like,
00:15:14.360 you know,
00:15:14.640 but Vlad,
00:15:15.920 listen,
00:15:16.220 we can keep sending
00:15:16.960 you to those bullets
00:15:17.680 because our growth,
00:15:19.840 our growth
00:15:20.520 is like
00:15:21.460 crazy right now.
00:15:23.700 Crazy high,
00:15:24.420 zero point something
00:15:26.020 numbers.
00:15:27.180 Yeah.
00:15:27.480 It's great.
00:15:28.080 We are on track
00:15:29.420 for another record year
00:15:31.080 and I mean that.
00:15:32.240 Here he is.
00:15:33.560 But we,
00:15:34.240 we would tell you
00:15:35.040 that a recession
00:15:36.120 is almost as likely
00:15:37.360 as,
00:15:38.100 as,
00:15:39.060 as very slow growth.
00:15:40.580 Huh.
00:15:40.940 Wait.
00:15:42.120 That's not what you tell us.
00:15:43.460 That's a fact
00:15:44.360 and I think
00:15:45.040 that is partly
00:15:45.720 because of,
00:15:47.060 of us having
00:15:48.520 raised rates
00:15:49.080 quite a bit.
00:15:49.860 Oh.
00:15:50.060 But this is what
00:15:51.040 it takes to get inflation.
00:15:52.320 Whoa, whoa, whoa.
00:15:53.220 Whoa.
00:15:56.220 Why
00:15:56.860 are we having
00:15:58.460 a recession
00:15:59.640 according
00:16:00.580 to the Fed chair?
00:16:03.580 Because
00:16:04.220 the Fed
00:16:05.440 is raising rates.
00:16:07.940 Huh.
00:16:10.380 Now,
00:16:10.920 wait a minute.
00:16:11.680 I got to get
00:16:12.280 my arms around this.
00:16:13.840 This is a whole
00:16:14.760 new concept
00:16:15.740 that raising rates
00:16:18.280 puts people
00:16:19.520 out of work.
00:16:21.240 Makes it harder
00:16:22.340 for them
00:16:22.880 to put food
00:16:23.640 on the table.
00:16:24.840 This is the best
00:16:25.580 of the Glenn Beck program.
00:16:32.200 Welcome to the
00:16:33.400 Glenn Beck program.
00:16:35.640 The owner of a
00:16:37.860 Bloomington,
00:16:38.920 Indiana
00:16:39.380 dive bar
00:16:40.620 who voiced
00:16:43.740 support for
00:16:44.520 Bud Light
00:16:45.080 and threatened
00:16:45.820 to remove
00:16:46.460 customers
00:16:47.000 for speaking
00:16:47.780 out against
00:16:48.980 Bud Light
00:16:49.900 is now
00:16:53.040 on Facebook
00:16:54.280 saying,
00:16:54.780 we appreciate
00:16:55.240 your support
00:16:56.260 because I kicked
00:16:57.520 all these hateful
00:16:58.440 bigots out
00:16:59.100 and if you want
00:16:59.980 to stop by
00:17:00.560 and have a beer,
00:17:02.280 please do.
00:17:03.300 because he's
00:17:06.660 kind of
00:17:07.520 following in the
00:17:08.460 footsteps of Bud Light
00:17:09.780 and
00:17:11.640 yeah,
00:17:12.680 he's lost
00:17:13.200 his patrons
00:17:14.520 because he said
00:17:16.580 they spewed
00:17:17.260 bigotry and
00:17:18.060 hatred
00:17:18.460 regarding Bud Light's
00:17:20.340 advertising partnership
00:17:21.560 with Dylan Mulvaney
00:17:22.840 and
00:17:25.360 you know,
00:17:26.020 so the bar
00:17:26.720 is still celebrating
00:17:27.740 the 365 days
00:17:29.380 of girlhood
00:17:30.000 of Dylan
00:17:31.520 Mulvaney.
00:17:32.420 And I thought
00:17:32.800 that already
00:17:33.140 passed.
00:17:34.340 Well,
00:17:34.700 I don't know,
00:17:36.160 Stu.
00:17:36.740 Does it ever
00:17:37.460 pass?
00:17:38.620 Does it ever
00:17:39.120 pass?
00:17:39.260 I don't know.
00:17:39.840 I don't know
00:17:40.140 what the rules
00:17:40.560 are.
00:17:40.840 It's very
00:17:41.140 difficult to
00:17:41.680 keep track
00:17:42.060 of it.
00:17:42.220 So he's
00:17:43.500 having a hard
00:17:44.000 time.
00:17:45.140 Coincidentally,
00:17:45.980 in complete
00:17:47.020 coincidence,
00:17:47.800 so is
00:17:48.120 Anheuser-Busch.
00:17:49.660 Yeah,
00:17:50.220 no,
00:17:50.540 no kidding.
00:17:51.100 Yeah,
00:17:51.420 now I saw
00:17:52.620 this story
00:17:53.260 today from
00:17:54.140 the Washington
00:17:54.600 Examiner.
00:17:55.360 Anheuser-Busch
00:17:55.920 employs
00:17:56.760 ex-GOP
00:17:57.920 aides
00:17:58.460 for damage
00:17:59.280 control
00:17:59.900 and
00:18:01.600 they've
00:18:02.620 hired
00:18:03.040 Sean
00:18:04.920 McClain
00:18:05.660 and
00:18:08.960 that's
00:18:09.860 what,
00:18:10.280 you know,
00:18:10.780 a legislative
00:18:11.320 director for
00:18:12.020 Senator Ted Cruz
00:18:13.240 and then
00:18:15.040 another person
00:18:16.700 that was
00:18:18.160 also with
00:18:19.400 Kelly Iote
00:18:20.760 from
00:18:22.040 New Hampshire.
00:18:22.960 She's also
00:18:23.800 a Republican
00:18:24.380 and they're
00:18:25.580 working now
00:18:27.420 for Bud Light
00:18:28.120 trying to,
00:18:28.760 you know,
00:18:29.100 get things
00:18:29.480 back.
00:18:30.280 But like,
00:18:30.760 may I just
00:18:31.120 say,
00:18:32.000 I didn't
00:18:33.320 really have
00:18:33.700 to even
00:18:33.980 go into
00:18:34.680 this story
00:18:35.600 at all.
00:18:36.320 When I
00:18:36.960 saw that
00:18:37.460 you hired
00:18:38.260 two ex-GOP
00:18:40.940 aides
00:18:41.620 for damage
00:18:42.240 control,
00:18:42.860 I thought,
00:18:43.820 boy,
00:18:44.420 you still
00:18:44.780 don't get
00:18:45.180 it.
00:18:46.200 It's about
00:18:47.340 beer,
00:18:48.240 not about
00:18:49.540 politics.
00:18:51.140 Okay?
00:18:51.460 I don't
00:18:53.940 pull the
00:18:55.280 horse out.
00:18:55.960 Okay?
00:18:56.100 Just do the
00:18:56.540 horse thing.
00:18:57.020 Okay?
00:18:57.500 It's too
00:18:57.940 late now.
00:18:58.520 You've
00:18:58.660 destroyed
00:18:59.480 the Clydesdale
00:19:00.320 horses.
00:19:01.500 But pull
00:19:02.420 them out,
00:19:02.860 you know?
00:19:03.440 But they
00:19:03.800 can't give
00:19:04.200 up,
00:19:04.580 right?
00:19:04.720 They're not
00:19:04.860 going to
00:19:04.960 just like,
00:19:05.260 oh,
00:19:05.360 let's
00:19:05.520 fold the
00:19:05.920 company.
00:19:06.540 We did
00:19:06.940 this.
00:19:07.340 So you
00:19:07.520 go to
00:19:08.500 Ted Cruz
00:19:09.800 aid,
00:19:10.320 right?
00:19:10.560 Someone who
00:19:10.940 probably
00:19:11.240 understands
00:19:11.740 conservatives.
00:19:12.840 For what?
00:19:13.420 For what?
00:19:13.880 How do
00:19:14.180 we apologize
00:19:15.540 for this
00:19:16.180 appropriately,
00:19:17.340 essentially?
00:19:18.900 What is
00:19:19.460 Ted going
00:19:19.880 to say?
00:19:20.680 Well,
00:19:20.980 I don't
00:19:21.240 know what
00:19:21.600 Ted's going
00:19:22.000 to say,
00:19:22.340 but neither
00:19:22.800 do they.
00:19:24.020 And I
00:19:24.200 don't
00:19:24.280 know,
00:19:24.440 what would
00:19:24.760 you say?
00:19:25.540 Forget it's
00:19:26.740 too late.
00:19:27.580 Throw that
00:19:27.940 piece of
00:19:28.300 advice out.
00:19:29.480 What is
00:19:29.780 your advice
00:19:30.240 to Bud
00:19:30.780 Light?
00:19:31.060 Lay low.
00:19:32.280 Just don't
00:19:32.700 say anything.
00:19:33.160 Don't say
00:19:33.620 it.
00:19:33.860 Damn
00:19:34.080 words.
00:19:35.040 Apologize
00:19:35.480 and mean
00:19:35.900 it.
00:19:36.760 And just
00:19:37.060 lay low.
00:19:38.440 And then
00:19:38.920 hope that
00:19:41.220 people forget.
00:19:42.040 They're not
00:19:42.420 going to,
00:19:43.060 Bud Light.
00:19:43.680 They're not
00:19:44.020 going to.
00:19:44.520 You've
00:19:44.840 destroyed
00:19:45.660 your brand.
00:19:47.720 Destroyed
00:19:48.160 it.
00:19:48.460 That one
00:19:49.080 thing.
00:19:49.680 Destroyed
00:19:50.080 a hundred
00:19:50.540 years.
00:19:51.700 That one
00:19:52.360 thing.
00:19:53.180 And that
00:19:53.720 might be
00:19:54.080 the answer.
00:19:54.840 Of course,
00:19:55.320 they can't
00:19:55.720 accept that
00:19:56.280 answer.
00:19:56.580 They have
00:19:56.760 to try
00:19:57.000 to repair
00:19:57.420 it.
00:19:57.540 Yeah.
00:19:57.980 As the
00:19:58.760 gods of
00:20:00.480 the copybook
00:20:01.260 headings with
00:20:02.280 terror and
00:20:03.160 slaughter return
00:20:04.340 is the
00:20:05.580 Rudyard
00:20:05.940 Kipling
00:20:06.360 last line
00:20:07.360 of the
00:20:08.000 poem
00:20:08.380 gods of
00:20:09.060 the copybook
00:20:09.560 headings,
00:20:09.980 which is
00:20:11.100 truth
00:20:11.860 returning
00:20:13.360 to a
00:20:14.560 people that
00:20:15.960 have completely
00:20:16.680 disregarded
00:20:17.660 the truth,
00:20:18.600 made truth.
00:20:20.180 Things like,
00:20:21.060 horses and
00:20:25.240 ponies have
00:20:25.900 wings and
00:20:27.040 wishes are
00:20:29.040 pigs.
00:20:29.720 Those kinds
00:20:30.300 of things.
00:20:30.820 No,
00:20:31.060 they're really
00:20:31.460 not.
00:20:32.600 Ponies don't
00:20:33.380 have wings.
00:20:34.360 Okay?
00:20:34.540 And when
00:20:36.360 your society
00:20:37.540 has gone so
00:20:38.320 far off the
00:20:38.920 track, it
00:20:39.620 takes a
00:20:41.200 toll when
00:20:42.880 you finally
00:20:43.360 return back
00:20:44.100 to the
00:20:44.360 truth.
00:20:44.700 And America
00:20:45.140 is returning
00:20:45.760 back to the
00:20:46.360 truth.
00:20:46.960 Whether you
00:20:47.360 like it or
00:20:48.680 they like it
00:20:49.260 or not,
00:20:49.660 it's returning
00:20:50.340 back to the
00:20:50.920 truth.
00:20:51.280 Did you hear
00:20:51.700 what Coca-Cola
00:20:52.360 did?
00:20:54.400 This is
00:20:55.140 amazing.
00:20:56.180 So,
00:20:57.860 shareholders
00:20:59.520 have requested
00:21:01.780 that Coca-Cola's
00:21:02.780 board of
00:21:03.200 directors issue
00:21:04.160 a public
00:21:04.920 report prior
00:21:06.120 to the
00:21:07.360 December 31st,
00:21:08.340 2023,
00:21:09.740 admitting
00:21:10.220 confidential
00:21:11.000 information
00:21:11.760 and at a
00:21:14.040 reasonable
00:21:14.460 expense,
00:21:15.120 detailing any
00:21:15.980 known and
00:21:16.720 potential risk
00:21:17.600 or cost to
00:21:18.220 the company
00:21:18.620 caused by
00:21:19.520 enacted or
00:21:21.060 proposed
00:21:21.740 state policies
00:21:23.140 severely
00:21:24.020 restricting
00:21:24.780 reproductive rights
00:21:26.160 and detailing
00:21:26.920 any strategies
00:21:27.980 beyond litigation
00:21:29.720 and legal
00:21:30.480 compliance that
00:21:31.760 the company
00:21:32.200 may deploy
00:21:33.080 to minimize
00:21:34.020 or mitigate
00:21:34.900 these risks.
00:21:36.340 Here's what
00:21:37.000 it is.
00:21:37.340 A non-profit
00:21:38.340 that proposes
00:21:39.620 ESG policies
00:21:41.100 to companies,
00:21:42.780 which is
00:21:44.220 called As
00:21:44.980 You Saw.
00:21:46.540 That's clever
00:21:48.200 or just
00:21:49.420 stupid.
00:21:50.400 87% of
00:21:52.540 the controlling
00:21:53.180 shares voted
00:21:54.260 against their
00:21:56.100 proposal.
00:21:57.680 What their
00:21:58.300 proposal was,
00:21:59.420 we're not
00:21:59.880 going to
00:22:00.140 ship
00:22:00.380 Cokes
00:22:00.880 to states
00:22:02.540 that don't
00:22:03.900 allow
00:22:04.640 abortion.
00:22:05.420 Boom.
00:22:07.400 And the
00:22:08.260 shareholders
00:22:08.600 were like,
00:22:09.360 what?
00:22:11.560 I said,
00:22:12.580 we're not
00:22:12.880 going to
00:22:13.160 ship Coca-Cola
00:22:14.140 to states.
00:22:15.760 Boom.
00:22:18.500 Nope.
00:22:19.560 Nope.
00:22:19.960 83% are
00:22:20.980 against that.
00:22:21.640 83%.
00:22:23.500 And so
00:22:23.880 now they're
00:22:24.220 like,
00:22:24.680 we'd like
00:22:25.060 to see
00:22:25.600 how you're
00:22:26.340 coming up
00:22:27.280 with these
00:22:27.680 great proposals,
00:22:29.240 please.
00:22:29.700 Kind of seems
00:22:30.220 a little crazy.
00:22:31.200 I think this is
00:22:32.000 an interesting
00:22:32.460 thing to think
00:22:33.160 about this
00:22:33.540 as we
00:22:33.920 look at
00:22:35.360 a long-term
00:22:36.180 response to
00:22:36.960 wokeness.
00:22:37.740 How do you
00:22:38.460 systemize this
00:22:39.400 and what
00:22:39.980 are you
00:22:40.820 trying to do?
00:22:42.100 Who is the
00:22:42.600 right target?
00:22:43.820 And what are you
00:22:44.700 trying to accomplish
00:22:45.540 when you look
00:22:46.420 at these companies,
00:22:47.400 right?
00:22:48.140 So we did a
00:22:49.120 show last
00:22:49.860 night on
00:22:50.440 Studos America,
00:22:51.080 by the way,
00:22:51.400 if you're looking
00:22:51.680 for a show
00:22:52.060 at 8 p.m.
00:22:52.560 Eastern just
00:22:52.940 because maybe
00:22:53.440 one of your
00:22:53.800 favorite shows
00:22:54.220 just got
00:22:54.560 canceled.
00:22:55.160 It's available
00:22:55.960 8 p.m.
00:22:56.660 YouTube,
00:22:57.440 Blaze TV,
00:22:58.540 Pluto TV.
00:22:59.840 Yeah,
00:23:00.160 it's there
00:23:00.800 every night
00:23:01.320 for you.
00:23:02.300 But we went
00:23:02.900 through the
00:23:03.140 five levels
00:23:03.840 of corporate
00:23:04.540 wokeness,
00:23:05.460 okay?
00:23:06.640 And so you
00:23:07.260 have,
00:23:07.840 number one,
00:23:08.860 company that
00:23:09.400 is woke
00:23:09.980 and proud
00:23:10.340 of it,
00:23:11.000 right?
00:23:11.180 Think Ben
00:23:11.860 and Jerry's,
00:23:12.460 right?
00:23:12.800 They,
00:23:13.360 any liberal
00:23:13.840 policy that
00:23:14.400 comes out,
00:23:14.820 they're in
00:23:15.060 full endorsement,
00:23:15.860 they're Bernie
00:23:16.340 Sanders,
00:23:16.820 they don't
00:23:17.080 like Jews
00:23:17.540 very much,
00:23:18.060 there's a lot
00:23:18.480 of things
00:23:18.780 that they do
00:23:19.340 and they've
00:23:19.780 smoked enough
00:23:20.600 dope to where
00:23:21.380 they don't care.
00:23:21.960 They don't care.
00:23:22.480 They don't care.
00:23:23.040 So you can
00:23:23.540 boycott Ben
00:23:24.540 and Jerry's
00:23:25.020 all you want,
00:23:25.700 but they're not
00:23:26.620 going to change
00:23:27.020 a policy because
00:23:27.660 to them,
00:23:28.780 wokeness is more
00:23:29.580 important than
00:23:30.100 selling you ice
00:23:30.620 cream,
00:23:31.160 like straight
00:23:31.660 out.
00:23:32.380 Next level
00:23:32.880 down,
00:23:33.880 neutral to the
00:23:34.720 public,
00:23:35.680 but woke
00:23:36.260 in the boardroom,
00:23:37.800 right?
00:23:37.980 These companies
00:23:38.520 that act like
00:23:39.240 they're just
00:23:39.520 normal companies,
00:23:40.340 but their activity
00:23:41.080 in the background
00:23:42.220 is always
00:23:43.320 rising.
00:23:44.660 Yeah,
00:23:44.900 right.
00:23:45.060 We talk about
00:23:45.620 these phone
00:23:46.260 companies,
00:23:46.640 right,
00:23:46.860 where they're
00:23:47.620 donating all
00:23:48.360 their money
00:23:48.680 to Planned
00:23:49.240 Parenthood
00:23:49.640 and all this
00:23:50.000 stuff,
00:23:50.880 but they act
00:23:51.300 like the
00:23:51.560 normal company
00:23:52.080 that's just
00:23:52.360 trying to serve
00:23:52.760 you and sell
00:23:53.140 you cell phone
00:23:53.520 service.
00:23:53.840 Can you hear
00:23:54.100 me now?
00:23:54.700 Can you hear
00:23:55.520 me now?
00:23:56.000 Because I've
00:23:56.400 got the
00:23:57.720 screaming of
00:23:58.860 all of these
00:23:59.780 babies that are
00:24:00.400 dying right now
00:24:01.180 in my other ear,
00:24:02.020 so speak up a
00:24:02.780 little bit louder.
00:24:04.160 Now that's not
00:24:05.240 Bud Light.
00:24:06.180 That's not Bud
00:24:06.740 Weiser,
00:24:07.120 right?
00:24:07.440 They're not
00:24:08.000 neutral to the
00:24:08.720 public and woke
00:24:09.400 in the boardroom.
00:24:10.160 They're doing
00:24:10.480 the opposite.
00:24:11.080 They did a
00:24:12.080 bizarre sort
00:24:13.740 of outreach
00:24:14.700 to Dylan
00:24:16.640 Mulvaney
00:24:17.180 publicly and
00:24:19.200 then are trying
00:24:20.060 in the boardroom
00:24:20.680 seeming to
00:24:21.040 reverse that.
00:24:21.540 So that's the
00:24:21.900 next category.
00:24:22.860 Neutral in the
00:24:23.620 boardroom,
00:24:24.640 woke to the
00:24:25.200 public.
00:24:25.800 And I think
00:24:26.480 that's the type
00:24:27.040 of person that
00:24:27.520 is affected by
00:24:28.160 the ESG score,
00:24:29.020 right?
00:24:29.500 They're not
00:24:29.780 necessarily a
00:24:30.780 woke company,
00:24:31.600 but they see
00:24:33.040 these pressures
00:24:33.720 coming in.
00:24:34.840 They think maybe
00:24:36.260 it's the right
00:24:37.120 stance to sell
00:24:37.960 product to be
00:24:38.900 woke.
00:24:39.380 They don't care
00:24:40.140 about transgender
00:24:40.920 issues.
00:24:41.860 They're taking
00:24:42.340 positions to try
00:24:43.540 to act like
00:24:44.700 to get new
00:24:45.320 demographics in.
00:24:46.500 I think there's
00:24:47.380 another category.
00:24:48.260 I've got two
00:24:48.640 more.
00:24:49.040 Oh, okay.
00:24:49.560 So tell me if
00:24:50.040 these are covering
00:24:50.600 yours.
00:24:50.960 The next one is
00:24:51.600 neutral.
00:24:53.140 This is what
00:24:53.920 everything used
00:24:54.560 to be.
00:24:56.020 Back in the
00:24:56.700 day, everyone
00:24:57.960 was just like,
00:24:58.780 you know what?
00:24:59.440 We just want to
00:25:00.220 sell products.
00:25:01.500 If you want to
00:25:02.040 buy them, buy
00:25:02.900 them.
00:25:03.220 If you don't
00:25:03.460 want to buy
00:25:03.780 them, name
00:25:03.960 that product.
00:25:05.420 Now?
00:25:06.060 I don't know
00:25:06.440 there's any.
00:25:07.240 I mean, I don't
00:25:08.160 know.
00:25:08.600 Maybe there's
00:25:09.140 some, but
00:25:09.740 almost everybody
00:25:10.800 seems to have
00:25:11.360 some political
00:25:11.920 bend.
00:25:12.240 And then the
00:25:13.060 last one is
00:25:13.600 like, you
00:25:14.060 mentioned Verizon
00:25:14.760 earlier, the
00:25:17.180 category five, not
00:25:18.880 woke and proud of
00:25:20.080 it.
00:25:20.260 That would be
00:25:20.640 Patriot Mobile,
00:25:21.400 right?
00:25:21.800 Where Patriot Mobile
00:25:22.420 is just like,
00:25:23.080 yeah, we're not
00:25:24.200 woke at all.
00:25:24.820 We want to, we
00:25:25.400 want, we're pro-life.
00:25:26.980 We're a pro-life
00:25:27.660 Christian company and
00:25:28.880 we stand on that.
00:25:29.720 I think there's the
00:25:30.620 other category of
00:25:32.380 pretty hostile to the
00:25:34.000 woke thing, but
00:25:35.580 have to do it
00:25:36.800 because of what it
00:25:38.640 would mean for the
00:25:40.120 stock price.
00:25:41.040 They bought into
00:25:41.680 all the lies.
00:25:42.800 And I think that's
00:25:43.640 where Bud probably
00:25:44.760 is.
00:25:45.260 Yeah, I think of
00:25:46.560 that as.
00:25:46.980 They're not neutral.
00:25:48.320 You think they're
00:25:49.460 hostile to wokeness?
00:25:51.160 Hostile to wokeness?
00:25:51.940 I think they're, I
00:25:52.600 think, I think a
00:25:54.180 good majority
00:25:55.000 probably are hostile
00:25:56.580 to it, but when
00:25:58.140 sitting down and
00:25:59.040 they're just doing it
00:26:00.160 to get through.
00:26:01.040 I think of that as
00:26:01.900 that neutral in the
00:26:02.980 boardroom, but you're
00:26:03.660 right, neutral to
00:26:04.800 anti-woke in the
00:26:05.820 boardroom, right?
00:26:06.440 Like you're not,
00:26:07.000 they're not embracing
00:26:07.860 it.
00:26:08.080 And I think
00:26:08.980 that's where Bud
00:26:09.600 Light is.
00:26:10.120 So number one, I
00:26:11.200 think that's probably
00:26:12.440 the best target for
00:26:15.820 a, an outreach
00:26:17.120 campaign from
00:26:18.440 conservatives who
00:26:19.140 are frustrated by
00:26:19.800 this.
00:26:20.120 People who actually
00:26:21.520 are doing this
00:26:22.720 because they think
00:26:23.440 it's the right thing
00:26:24.300 to do to sell more
00:26:25.040 beer, right?
00:26:25.880 But you're not,
00:26:26.600 here's the thing,
00:26:27.600 you're not, in
00:26:29.420 today's world, there
00:26:32.240 is no forgiveness.
00:26:33.640 That's the problem.
00:26:34.800 There is no
00:26:35.820 forgiveness.
00:26:36.360 Well, but you just
00:26:37.440 said, when they did
00:26:38.860 this dilemma of
00:26:39.420 anything, that it's
00:26:40.820 over.
00:26:41.900 Yeah.
00:26:42.120 That does not show
00:26:42.900 forgiveness, right?
00:26:44.000 No, I know, because
00:26:44.660 Is there something
00:26:45.200 they could do to make
00:26:46.560 this right?
00:26:47.180 And you said
00:26:47.520 basically no.
00:26:48.500 Because nobody
00:26:49.300 believes anybody
00:26:50.100 anymore, right?
00:26:50.820 You have no trust.
00:26:51.860 Right.
00:26:52.220 No, that's true.
00:26:53.000 It's not like the
00:26:53.660 Clydesdale can go out
00:26:54.860 and say, but they
00:26:56.280 feed me oats and the
00:26:58.420 same kind of yummy
00:26:59.380 oats and hops that
00:27:00.820 are in this Bud
00:27:02.100 Light.
00:27:02.600 You know, there's
00:27:04.240 no, what can they
00:27:05.340 possibly do that you
00:27:07.520 will believe?
00:27:08.780 Nothing.
00:27:10.020 When you betray the
00:27:11.960 truth that hard, this
00:27:14.980 is why, this is why
00:27:16.200 sane Democrats are
00:27:17.780 jumping off the
00:27:18.720 Democratic wagon right
00:27:19.860 now.
00:27:20.580 Because that correction
00:27:22.700 is coming.
00:27:24.380 It's coming.
00:27:25.340 But like, isn't there
00:27:26.540 something in this
00:27:27.240 situation?
00:27:28.560 Logically, shouldn't we
00:27:30.360 be asking for
00:27:31.120 something?
00:27:32.140 Like, what happened
00:27:33.160 with Bud Light is
00:27:34.260 they came out and
00:27:34.880 they made a statement
00:27:35.480 which was not
00:27:36.360 incredibly strong, but
00:27:37.880 not incredibly weak
00:27:38.680 either.
00:27:38.940 They were basically
00:27:39.360 saying, like, we
00:27:39.860 went out of this.
00:27:40.460 We didn't mean to
00:27:41.000 get in the middle of
00:27:41.580 this.
00:27:42.060 And then the people
00:27:42.840 responsible were
00:27:43.720 suspended.
00:27:44.720 Now, maybe you
00:27:45.180 might say that's not
00:27:45.820 enough, but like,
00:27:48.000 there has to be
00:27:49.000 something we're asking
00:27:50.040 for if this is...
00:27:51.760 But what are we...
00:27:52.160 What's the point?
00:27:52.940 Why are we asking
00:27:53.880 for it?
00:27:54.320 I don't want to be
00:27:55.060 like them.
00:27:56.300 I don't want to say,
00:27:56.960 we'll let you go
00:27:58.440 ahead and sell your
00:27:59.440 beer as long as
00:28:00.960 you do X, Y, and
00:28:02.480 Z.
00:28:03.540 Make beer.
00:28:04.800 Right.
00:28:05.260 That's what I want.
00:28:05.820 Leave us alone.
00:28:06.520 I just want you to
00:28:07.000 be neutral.
00:28:07.700 Right.
00:28:08.020 Coinbase is neutral.
00:28:09.160 They say, look, we're
00:28:10.120 taking no stance on
00:28:11.440 anything unless it has
00:28:12.340 to do with crypto.
00:28:13.280 Correct.
00:28:13.740 That's the right
00:28:14.980 approach.
00:28:15.420 That's the right
00:28:16.040 approach.
00:28:16.460 Once you've crossed
00:28:17.580 the Rubicon, I don't
00:28:18.960 think you get your
00:28:19.740 credibility back.
00:28:21.240 This is a massive
00:28:22.280 organization, right?
00:28:23.880 They hired someone
00:28:24.780 and look, I'm not
00:28:25.860 defending Bud Light
00:28:26.600 because I don't like
00:28:27.840 what they did here and
00:28:28.740 I don't like the fact
00:28:29.580 that they hired someone
00:28:30.400 initially, right, to
00:28:31.860 whose stated goal was
00:28:33.900 to remake this brand
00:28:34.860 because it became too
00:28:35.740 fratty, right?
00:28:37.180 Like that, that's a
00:28:37.940 terrible idea.
00:28:38.660 They shouldn't have
00:28:39.040 done that in the
00:28:39.460 first place.
00:28:40.100 But like, at some
00:28:42.360 point, if they do
00:28:44.140 something, if someone
00:28:44.780 does something that's
00:28:45.980 wrong and you think
00:28:47.340 it's wrong, usually
00:28:49.120 what we would say is,
00:28:50.140 hey, okay, make it
00:28:51.620 right.
00:28:52.200 But this isn't a
00:28:52.840 person.
00:28:53.580 No, it's a company.
00:28:54.580 Yeah, it's a brand.
00:28:55.640 You should care less
00:28:56.400 about it then, right?
00:28:57.620 Shouldn't you care less
00:28:58.360 about whether, who can,
00:28:59.260 you never believed in
00:29:00.260 Bud Light's
00:29:00.920 credibility as a bunch
00:29:02.560 of human beings.
00:29:03.460 They're just a nice
00:29:04.200 watery beer that's
00:29:05.100 really available.
00:29:06.100 I don't know, I don't
00:29:07.140 know how I, I don't
00:29:08.580 know how I can express
00:29:10.480 this in a different
00:29:11.900 way.
00:29:13.200 We, we are,
00:29:15.980 Americans feel
00:29:17.440 betrayed.
00:29:18.720 Right.
00:29:19.000 And when you've
00:29:21.280 betrayed, I'm sorry, you
00:29:24.260 can be nice.
00:29:25.120 And over time, just
00:29:26.820 make beer.
00:29:27.740 Yeah.
00:29:28.080 And over time, maybe,
00:29:30.220 maybe.
00:29:30.700 I'm not against you,
00:29:31.900 Bud Light.
00:29:33.000 I'm, I'm not going to
00:29:34.800 support you because I'm
00:29:37.460 an alcoholic.
00:29:38.200 But beyond that, I
00:29:40.700 wouldn't be drinking
00:29:41.500 Bud Light right now
00:29:42.800 because you, I feel
00:29:44.460 betrayed by you.
00:29:45.380 But over time.
00:29:46.340 But over time.
00:29:47.100 You show your record
00:29:48.100 is strong over time
00:29:49.120 and you don't do
00:29:49.660 this again.
00:29:50.280 And you might want
00:29:52.080 to look to do
00:29:53.260 things that are
00:29:54.860 standing behind.
00:29:57.420 You know what, Bud?
00:29:59.120 Here's what you can
00:30:00.120 do.
00:30:01.980 And I don't know if I
00:30:02.960 would even accept it,
00:30:04.460 but something like
00:30:05.560 this.
00:30:06.700 Put our American
00:30:08.340 museum that is
00:30:09.520 teaching the truth
00:30:10.720 about America.
00:30:11.860 You become the
00:30:12.760 national sponsor of
00:30:13.960 it.
00:30:14.640 And pay for it to go
00:30:16.340 on the road for the
00:30:17.080 next year.
00:30:18.020 Now they would say,
00:30:18.780 of course, then we're
00:30:19.280 taking a stance on the
00:30:20.180 right.
00:30:20.460 We're not being
00:30:20.900 neutral.
00:30:21.440 We're not just
00:30:21.860 making beer.
00:30:22.660 Since when is
00:30:23.260 American history
00:30:24.580 associated with you?
00:30:28.080 You are obviously
00:30:29.880 a right.
00:30:30.620 I'm on the show.
00:30:31.960 They would associate
00:30:31.980 with girl power,
00:30:33.500 but not somebody who
00:30:35.260 believes in the
00:30:36.020 Constitution.
00:30:37.280 I am literally on
00:30:38.940 this show and have
00:30:39.720 been for 25 years and
00:30:40.720 I don't want to
00:30:41.060 associate with you.
00:30:41.800 I understand their
00:30:42.620 stance here.
00:30:43.760 No, but I know.
00:30:44.840 I know.
00:30:45.360 And I'm not saying
00:30:46.700 that that would be a
00:30:47.760 quick fix.
00:30:48.680 No, it wouldn't.
00:30:49.720 You know, there
00:30:50.420 would be a lot of
00:30:50.940 people that go, I'm
00:30:51.780 going to go.
00:30:52.280 But Bud Light, what
00:30:53.940 were you doing?
00:30:55.040 What were you doing?
00:30:56.200 But over time, maybe
00:30:58.760 they can rebuild it.
00:30:59.900 But otherwise, I
00:31:02.340 mean, I have no
00:31:03.200 suggestion.
00:31:04.040 They're Bed Bath and
00:31:04.880 Beyond.
00:31:05.660 That's what they are.
00:31:07.220 A brand that you
00:31:08.340 thought would be
00:31:08.980 around forever.
00:31:09.960 Forever because you
00:31:11.260 need bed stuff and
00:31:12.920 you need bath stuff
00:31:14.140 and sometimes you
00:31:16.660 go beyond.
00:31:18.240 That's it.
00:31:19.160 Bye-bye.
00:31:19.880 You're listening to
00:31:20.920 the best of the
00:31:21.640 Glenn Beck program.
00:31:24.020 There's a book out
00:31:24.900 called When Race
00:31:26.260 Trumps Merit.
00:31:27.440 It's written by
00:31:28.360 Heather McDonald and
00:31:30.240 she's with the
00:31:31.480 Manhattan Institute.
00:31:33.420 She's a fellow there
00:31:34.380 and she's on with us
00:31:35.880 now.
00:31:36.100 Hi, Heather.
00:31:37.260 Hi, Glenn.
00:31:38.040 Thanks for having me
00:31:38.760 on.
00:31:39.020 Sure.
00:31:39.580 So do we ever get
00:31:41.600 back to merit in
00:31:42.980 this country?
00:31:44.460 We could with
00:31:46.380 relative ease, but it
00:31:48.080 requires courage.
00:31:49.660 So all it takes is
00:31:51.280 courage to stand up to
00:31:52.740 the phony charge of
00:31:53.840 racism and to say
00:31:55.940 that standards are
00:31:57.140 not racist.
00:31:58.840 The racial disparities
00:32:00.580 in our country are not
00:32:01.920 due to racist standards.
00:32:03.280 They're due to
00:32:04.440 academic skills gaps.
00:32:06.740 They're due to
00:32:07.420 criminal offending.
00:32:09.020 disparities, but right
00:32:11.100 now the American
00:32:12.020 civilization should not
00:32:15.060 be apologizing for
00:32:16.400 itself.
00:32:17.180 We are not today a
00:32:19.780 racist country, but
00:32:21.180 what we're doing is
00:32:22.180 tearing down
00:32:23.060 meritocratic standards
00:32:24.320 across the board,
00:32:25.920 whether it's in
00:32:26.780 medicine, science,
00:32:28.300 law, the arts,
00:32:32.040 policing, all because
00:32:34.320 those standards are
00:32:36.100 being accused of
00:32:37.240 having a racist
00:32:38.360 impact on
00:32:39.580 underrepresented
00:32:40.360 minorities.
00:32:41.920 But how, let me, let
00:32:42.920 me, let me take you to
00:32:43.960 Budweiser.
00:32:46.160 Budweiser, we were just
00:32:47.080 having a conversation.
00:32:47.920 How do they get their
00:32:48.600 credibility back?
00:32:49.980 Well, they can't.
00:32:50.900 They will over time, I
00:32:52.540 suppose, if they just
00:32:53.500 don't do more stupid
00:32:54.520 things.
00:32:55.920 However, you know, this
00:32:58.040 has infected
00:32:58.760 everything.
00:33:00.140 The reason why Bud, you
00:33:03.760 know, was rejected here
00:33:05.000 is, I don't want any of
00:33:07.060 this crap.
00:33:07.780 I just want the beer.
00:33:09.600 Leave us alone.
00:33:11.840 Just want the beer.
00:33:13.940 Everything now is about
00:33:15.320 politics.
00:33:16.700 How do we get out of
00:33:18.860 that?
00:33:20.300 Yeah.
00:33:20.680 I mean, everything's
00:33:21.820 about politics, but a lot
00:33:23.700 of it is about race.
00:33:24.880 And we need people in
00:33:27.000 medicine to stand up
00:33:29.040 and say, I'm an
00:33:30.100 oncologist.
00:33:30.960 I have devoted my life
00:33:32.400 to trying to cure
00:33:33.780 cancer.
00:33:34.640 I am not going to
00:33:35.920 accept the charge that
00:33:37.300 is coming out of the
00:33:38.320 federal government, out
00:33:39.440 of the National
00:33:40.040 Institutes of Health,
00:33:41.600 out of the National
00:33:42.360 Cancer Institute, that
00:33:44.080 medicine is racist.
00:33:46.380 I am not going to
00:33:47.720 accept the charge that's
00:33:49.220 coming out of our
00:33:50.080 scientific journals that
00:33:52.100 says that science is
00:33:53.860 racist.
00:33:53.880 racist.
00:33:54.860 If people started
00:33:56.300 saying that and
00:33:57.780 refusing to put their
00:33:59.100 heads down and go
00:34:00.780 along with the elites
00:34:02.140 and defend meritocratic
00:34:04.860 standards that are
00:34:05.960 colorblind, objective,
00:34:08.000 and constitutional, the
00:34:09.840 whole thing would
00:34:11.280 collapse.
00:34:12.400 I will tell you,
00:34:13.520 especially when it
00:34:15.080 comes to medicine, the
00:34:17.300 fact that if you are
00:34:20.960 underprivileged or
00:34:23.060 intersected in any way,
00:34:25.140 shape, or form, you
00:34:27.000 get into medical
00:34:28.400 school much faster
00:34:30.020 than somebody who
00:34:30.960 just happens to be
00:34:32.220 really, really smart
00:34:33.460 and gifted, wants to
00:34:34.920 be a doctor, but
00:34:36.540 they have no
00:34:37.660 intersections on
00:34:38.780 them, then the good
00:34:42.160 ones are being kept
00:34:43.380 out.
00:34:44.320 Just for our new
00:34:47.760 balancing act that
00:34:49.440 we're doing, we
00:34:50.800 are going to really
00:34:51.960 suffer a consequence
00:34:53.320 because the best
00:34:54.920 doctors are not
00:34:56.140 going to be the
00:34:57.880 best doctors.
00:34:59.680 Because they
00:35:00.020 weren't allowed in.
00:35:02.560 Black and Hispanic
00:35:03.820 seniors are being
00:35:05.340 accepted to medical
00:35:06.420 schools with scores
00:35:08.000 on the medical
00:35:08.820 school admission test
00:35:10.180 and GPAs that would
00:35:11.640 be automatically
00:35:12.400 disqualifying if
00:35:14.020 presented by whites
00:35:15.000 and Asians.
00:35:15.580 That's based on the
00:35:17.240 phony charge that
00:35:18.300 those medical school
00:35:19.200 admissions tests are
00:35:20.220 racist.
00:35:20.960 They are not.
00:35:22.040 There are schools that
00:35:22.920 are waiving them
00:35:23.680 entirely for black
00:35:25.340 students.
00:35:26.300 And when students are
00:35:27.240 admitted with lower
00:35:28.440 qualifications than
00:35:29.660 their peers, they
00:35:30.860 understandably and
00:35:32.080 predictably struggle.
00:35:34.300 In a sense, it's not
00:35:35.420 their fault.
00:35:36.080 It's the fault of the
00:35:36.980 admissions officers that
00:35:38.740 are subjecting the so-called
00:35:40.720 beneficiaries of racial
00:35:42.040 preferences to an
00:35:43.160 absolutely unfair
00:35:44.180 handicap.
00:35:45.220 But they struggle.
00:35:46.220 And guess what the
00:35:46.840 next step has been?
00:35:48.300 Get rid of further
00:35:49.520 standards.
00:35:50.300 So we have now
00:35:51.340 dismantled the step
00:35:53.700 one of the medical
00:35:54.660 licensing exam, which
00:35:56.020 comes after the second
00:35:57.040 year of medical school
00:35:59.060 to test students' basic
00:36:00.320 knowledge of anatomy,
00:36:02.040 physiology, drug
00:36:03.200 interactions.
00:36:05.000 Blacks weren't doing
00:36:06.040 very well on that
00:36:07.060 exam.
00:36:08.060 So we have gone, last
00:36:09.460 year we changed it from
00:36:10.940 a graded system to a
00:36:13.100 pass-fail system to
00:36:14.780 cover up the fact that
00:36:16.680 blacks are not learning
00:36:17.740 as much.
00:36:18.360 So they get passed
00:36:19.180 along and then the
00:36:20.120 pressure is on, on
00:36:21.600 medical school hiring
00:36:22.840 committees to hire on
00:36:24.720 the basis of race, not
00:36:25.940 merit, put people on
00:36:27.340 hospital staff on the
00:36:28.560 basis of race, not
00:36:29.520 merit.
00:36:30.100 The American Medical
00:36:31.020 Association, the
00:36:32.380 American Association of
00:36:33.540 Medical Colleges is all
00:36:35.380 behind this.
00:36:36.780 You read their
00:36:37.400 documents and it's like
00:36:38.640 reading something out of
00:36:39.660 a black studies class.
00:36:41.260 It is mind-boggling.
00:36:42.340 I have doctors on a
00:36:44.300 daily basis sending me
00:36:46.560 pronouncements from
00:36:47.620 their associations of
00:36:49.940 hematology or oncology
00:36:51.940 or neurology, people
00:36:53.400 trying to cure
00:36:54.060 Alzheimer's disease, that
00:36:55.760 are saying everything
00:36:57.000 from now on has to be
00:36:58.420 about anti-racism.
00:37:00.420 This is a lie, Glenn, and
00:37:02.980 the scab thing is that
00:37:05.860 people are still
00:37:06.900 terrified.
00:37:07.640 They're terrified of
00:37:08.340 losing their jobs if they
00:37:10.340 stand up to this
00:37:11.620 narrative, but that is
00:37:13.360 what it's going to have
00:37:14.200 to take.
00:37:16.500 Nobody's going to do
00:37:17.460 this for us.
00:37:18.740 We have to take it back
00:37:20.300 ourselves and start
00:37:22.240 telling the truth that
00:37:24.060 though this country had a
00:37:25.560 deplorable, heartbreaking
00:37:27.600 history of gratuitous
00:37:29.840 cruelty towards blacks, that
00:37:31.860 I think actually the
00:37:33.100 conservative narrative
00:37:34.100 about America does not
00:37:35.940 sufficiently account for.
00:37:37.860 We are not that country
00:37:40.040 today.
00:37:41.240 The reality is, frankly,
00:37:42.920 black privilege, not
00:37:43.960 white privilege.
00:37:44.980 I don't know a single
00:37:46.180 high school senior who's
00:37:48.120 black who is putting down
00:37:49.460 his race as white, thinking
00:37:52.080 that that will improve his
00:37:53.380 chances for admissions, but
00:37:55.540 I know a lot of white males
00:37:57.120 who are wondering if they
00:37:58.660 can get away with putting
00:37:59.820 down their race as black
00:38:01.780 because they know perfectly
00:38:03.260 well, that that will give
00:38:04.920 them an enormous, enormous
00:38:07.060 admissions boost.
00:38:08.520 These are not the ways of a
00:38:10.700 white supremacist country.
00:38:14.680 Heather, these organizations
00:38:17.020 keep coming up with the same
00:38:18.240 point, which is, of course,
00:38:19.140 we want the best doctors.
00:38:20.340 We want the best people
00:38:21.280 here, but we also want a
00:38:23.120 diverse staff.
00:38:24.560 We want to make sure we're
00:38:26.560 hitting those diversity goals
00:38:27.760 as well.
00:38:28.760 Can they do both?
00:38:30.220 They cannot, unfortunately.
00:38:33.560 And Ben, Glenn, this is a
00:38:35.020 difficult thing to talk
00:38:36.080 about.
00:38:36.680 It violates racial etiquette.
00:38:38.200 People don't want to hear
00:38:39.080 it.
00:38:39.240 It makes them uncomfortable.
00:38:40.980 But given the size of the
00:38:43.040 academic skills gap right now,
00:38:45.580 and let me give you some
00:38:46.420 data.
00:38:47.500 Blacks are if you look at
00:38:49.740 12th graders, black
00:38:51.400 students, 66 percent of
00:38:53.720 12th grade black students do
00:38:55.520 not possess even partial
00:38:56.760 mastery of 12th grade math
00:38:58.980 skills.
00:38:59.940 That means doing arithmetic,
00:39:01.640 reading a linear function on
00:39:02.800 a graph.
00:39:03.280 66 percent are below basic.
00:39:06.160 The number who are actually
00:39:07.860 advanced in math is too small
00:39:10.620 to show up statistically on a
00:39:12.240 nationwide basis.
00:39:13.940 This means it is
00:39:14.820 mathematically impossible to
00:39:17.620 have proportional representation
00:39:19.280 in our meritocratic STEM
00:39:21.460 organizations.
00:39:22.940 You can have diversity or you
00:39:24.640 can have meritocracy.
00:39:26.280 You cannot have both.
00:39:27.540 diversity, here's a translation
00:39:31.380 key for your listeners, Glenn.
00:39:33.900 Diversity is simply code word
00:39:35.800 for racial preferences.
00:39:37.420 When any institution is saying
00:39:39.020 we're doing diversity, it means
00:39:40.880 we have double standards.
00:39:42.280 We're lowering our standards in
00:39:44.480 order to create diversity because
00:39:46.400 right now you cannot have both
00:39:49.600 diversity and meritocracy.
00:39:51.160 And we have to start standing up
00:39:52.640 for meritocracy and say we'll
00:39:54.620 solve those skills gaps, but the
00:39:57.200 way to solve them is not to tear
00:39:59.640 down our standards.
00:40:02.700 So usually, I mean, I would hate
00:40:05.700 to be a Christian missionary in the
00:40:09.400 good days and my zone is, you know,
00:40:14.460 the Wall Street area because
00:40:17.260 nobody successful, nobody, you know,
00:40:19.880 at the top of their game is
00:40:22.420 miserable enough to question
00:40:24.340 what am I doing wrong?
00:40:26.880 Right now, the American people are
00:40:29.340 not deeply questioning, but when
00:40:32.380 medicine, for instance, starts to go
00:40:34.840 down and you have, you know, bad
00:40:39.280 service, we become more like
00:40:41.620 Venezuela or Cuba, then we'll ask,
00:40:44.380 but it will be too late then.
00:40:46.380 How do we get people to understand
00:40:48.380 today what's coming our way?
00:40:53.120 Well, they've got to get the facts
00:40:55.220 about what's going on.
00:40:56.880 I mean, that is in my book.
00:40:58.620 I would say that you start with the
00:41:01.120 people with power, the people that
00:41:03.520 are seeing it.
00:41:04.560 Again, it's, I am, I'm getting this
00:41:08.400 avalanche of material for people that
00:41:11.680 do know what's going on from the
00:41:13.400 doctors, from the scientists who see
00:41:16.480 that their entire life's work is
00:41:21.080 being jeopardized and torn down by
00:41:24.480 this diversity obsession.
00:41:26.540 So, can you give me any examples,
00:41:28.880 any stats or anything where you're
00:41:30.540 seeing the impact now?
00:41:36.060 Well, with medicine, yes.
00:41:38.960 I mean, I've seen, for instance,
00:41:42.800 people, for heads of medical schools,
00:41:45.680 which is important, the heads of a
00:41:48.880 medical school are going to set
00:41:51.780 priorities, they're going to set the
00:41:53.720 tone, they're going to get federal
00:41:55.660 funding.
00:41:56.720 I have seen the candidates that are
00:42:00.000 chosen, and I have seen people with
00:42:02.520 enormous cancer research success,
00:42:06.240 just the leaders in the field, not get
00:42:09.320 the job because they're white males.
00:42:12.720 And the people that do get the job are,
00:42:14.760 as you say, intersectional.
00:42:17.400 As far as being able to point to
00:42:20.320 somebody dying because he comes through
00:42:23.620 the emergency room after a car crash,
00:42:26.220 and he gets a racial preference
00:42:27.760 beneficiary, I don't see that.
00:42:31.000 I can see in the area of public safety,
00:42:33.740 I don't see it yet, but it will happen.
00:42:37.040 But I can tell you that this disparate
00:42:39.260 impact thinking that I write about is
00:42:41.400 taking lives in public safety.
00:42:45.360 You know, if your listeners, Glenn, are
00:42:47.800 scratching their heads and saying, what
00:42:49.280 the heck is going on in law enforcement
00:42:51.720 today?
00:42:52.060 Why are all these prosecutors not
00:42:53.800 prosecuting the law, you know,
00:42:57.020 overlooking theft, turnstile jumping,
00:42:59.860 shopping, shoplifting, trespass, assault,
00:43:03.160 disorderly conduct, and just saying,
00:43:05.260 we're not going to do anything about it.
00:43:07.020 The reason they're not doing anything
00:43:08.640 is because of disparate impact.
00:43:10.920 Were they to enforce the law in a
00:43:13.040 colorblind, neutral, constitutional
00:43:14.900 fashion, it will have a disparate
00:43:17.740 impact on black criminals, not because
00:43:20.040 the law is racist, but because the crime
00:43:22.100 rights are so much higher.
00:43:23.400 When you back off of policing in the name
00:43:26.460 of disparate impact, when you back off
00:43:28.700 of prosecution in the name of fighting
00:43:30.960 disparate impact, lives are lost.
00:43:33.800 2020 saw the largest one-year increase
00:43:35.960 in homicide in this nation's history, 29%.
00:43:40.080 Carjackings are spreading out of the
00:43:42.520 inner city into the suburbs.
00:43:44.540 People are having, you know, their
00:43:46.100 jewelry torn from their necks, eating
00:43:49.260 outdoors in restaurants.
00:43:51.160 We see the flash mobs that have been
00:43:53.800 going down the Magnificent Mile in
00:43:56.060 Chicago for years because they fear
00:43:58.560 no, they fear no consequences for
00:44:01.240 their action.
00:44:02.440 So certainly in the field of public
00:44:04.340 safety, we are seeing lives being
00:44:07.020 taken and overwhelmingly their black
00:44:09.000 lives, their black children who are
00:44:10.540 being gunned down and drive by
00:44:12.440 shootings to not a peep of protest from
00:44:16.120 the Black Lives Matter activists.
00:44:17.820 Why?
00:44:18.460 Because they're being shot by other
00:44:19.780 blacks.
00:44:20.200 They're not being shot by the police.
00:44:21.820 They're not being shot by the white, by
00:44:23.300 whites.
00:44:23.880 They're being shot by blacks.
00:44:25.260 And therefore, those black victims are
00:44:27.420 of no concern to Al Sharpton or Benjamin
00:44:30.200 Crump, the ubiquitous civil rights
00:44:32.440 attorney.
00:44:33.900 So this is a philosophy that disparate
00:44:38.300 impact is inherently racist that must be
00:44:42.060 fought.
00:44:42.640 And it will start happening in STEM.
00:44:46.200 It will slow down our scientific progress.
00:44:48.420 China is going full speed ahead with its
00:44:53.000 nanotechnology.
00:44:54.160 It is grooming its students for the most
00:44:56.520 challenging mathematical tests possible.
00:45:01.440 It doesn't give a damn about diversity.
00:45:03.460 It just wants to throw everything it's got at
00:45:06.540 its gifted and talented programs.
00:45:08.200 Meanwhile, here in the U.S., we are
00:45:10.460 dismantling gifted and talented programs.
00:45:12.720 We're saying, you may be gifted in math, but you're
00:45:15.720 not allowed to excel because it will be racially
00:45:19.820 disparate.
00:45:20.960 We will not have 13% at this point black students in our
00:45:26.400 gifted and talented programs.
00:45:27.700 Therefore, nobody should be in a gifted and talented
00:45:30.740 program.
00:45:31.260 We don't want you to do calculus in the ninth grade if
00:45:35.240 you're capable of it, because you will not be in a
00:45:38.380 diverse class of students.
00:45:40.040 This is a death knell to freedom, to capitalism, and to
00:45:47.540 everything that we have built if we don't turn this
00:45:51.080 around.
00:45:51.340 The name of the book is When Race Trumps Merit.
00:45:54.320 The author you've been listening to is Heather
00:45:56.280 McDonald.
00:45:57.080 She's from the Manhattan Institute, where she is a
00:45:59.980 fellow.
00:46:00.160 Again, the name of the book is When Race Trumps Merit.
00:46:04.360 Heather, thank you so much.
00:46:06.000 Thanks for the conversation, Glenn.
00:46:07.420 You bet.
00:46:07.740 Bye-bye.
00:46:07.940 I appreciate it.