The Glenn Beck Program - May 12, 2021


Best of The Program ｜ Guest： Ken Paxton ｜ 5⧸12⧸21


Episode Stats

Length

44 minutes

Words per Minute

149.67682

Word Count

6,646

Sentence Count

18

Misogynist Sentences

2

Hate Speech Sentences

7


Summary


Transcript

00:00:00.000 welcome to the podcast today we talk a little bit about critical race theory and all the craziness
00:00:05.000 going on around it we get into some stuff going in on schools i have a little preview of tonight's
00:00:10.060 studios america where we have actual craziness going on in schools in pennsylvania another
00:00:16.880 example of this where they're teaching you know white privilege and all this nonsense to our kids
00:00:22.500 in school we'll get into that on studios america get into it as well on the show today and glenn
00:00:27.000 has a special coming up right after my show on blaze tv airs at 9 p.m eastern uh for glenn 8 p.m
00:00:33.980 eastern for my show bottom line is what looking at how countries change and get taken over uh by
00:00:41.820 marxists um it's a it's a it's there's some real evidence here that glenn has uncovered we've been
00:00:47.960 he's working on the show for a gosh i want to say a couple years but at least uh at least one year
00:00:53.200 uh trying to get all this stuff locked down finally has it it's going to air tonight don't
00:00:57.160 miss it uh again blaze tv.com slash glenn promo code is glenn you can also get the shows on youtube
00:01:02.120 i think it's youtube.com it's the blaze tv channel and studios america channel you can check them both
00:01:08.080 out there we also have ken paxton on talking about a bizarre incident in texas where the police again are
00:01:14.240 just acting very strangely uh with protesters uh i don't know why they're so forgiving to people
00:01:21.380 breaking the law but we learn about that a little bit uh and so much more it's all in the podcast
00:01:25.800 here it is
00:01:27.220 you're listening to the best of the glenn beck program
00:01:37.380 this is the glenn beck program one of the in fact the main reason uh that i think we live in texas and
00:01:48.300 were prompted to move here to texas was because if we lose texas we lose the republic we lose it all
00:01:54.920 and most people don't understand how close we are to losing texas um you know it's interesting that
00:02:01.700 the democrats they seem to like say well let's take uh colorado okay everybody moved to colorado
00:02:09.180 uh and they just take over a state and they're doing that to texas right now
00:02:14.060 uh and we are in real trouble in texas which is why uh who our governor is who our attorney general
00:02:22.220 is is really really important we have the texas attorney general his name is ken paxton
00:02:29.220 and he has been instrumental in fighting many many lawsuits against obama and now against biden and
00:02:38.660 the left we i think we probably held texas uh um red this time around because of the tough stance
00:02:47.120 he took in court against the leftists on what they were trying to do with us uh in texas on our
00:02:54.380 election policy welcome ken paxton how are you sir hey i'm doing great how are you good i want to talk
00:03:01.100 to you about a couple of things first of all big news the judge in california dismissed your lawsuit
00:03:07.120 against twitter uh can you comment on that actually just the opposite they we uh we had sent them
00:03:15.120 civil investigative demands which were like interrogatories questions about their practices
00:03:21.000 in texas and why they were de-platforming certain people and what their what their uh policies were on
00:03:26.500 certain you know content moderation and instead of giving us that information which they're required
00:03:31.600 to under texas law they sued us in california hoping to get a federal judge to stop us that's
00:03:37.980 right i'm sorry yes and she dismissed their case which is the right answer we have a right to that
00:03:43.920 information they want to operate in texas you know they can sue us in the texas court and we'll we'll
00:03:47.640 go to we'll go to we'll go to a court on texas law and i have a feeling they're not going to answer
00:03:51.860 our questions anyway so if they don't we'll be back and forth but we'll be in the texas court
00:03:55.460 so oh that'll be nice uh so you're uh i forgot they were suing they were suing you uh right
00:04:04.820 twitter was correct i forgot about that i was thinking about our lawsuit you know texas lawsuit
00:04:11.260 that is coming against them yes so yes so we we sued we did sue google we have sued facebook
00:04:19.660 but we have not sued twitter all we've done is start asking them questions and they got very
00:04:24.160 uncomfortable answering very simple questions about their policies and like what are the questions
00:04:28.920 that you wanted to ask that they didn't want to tell you so we wanted to understand what their
00:04:34.120 policies were if they're out telling people they have a socially you know that they're that you have
00:04:38.860 free speech on their on their on their on their on your account uh we wanted to understand what their
00:04:43.720 policies were and how they were implementing those policies very simple questions about their actual
00:04:48.260 practices and what they say their practices are that's it
00:04:51.160 well that would be nice to know that that is the biggest problem i mean ken you know i mean we're
00:04:59.040 we're now the the largest subscription conservative subscription site in the world at the blaze uh and
00:05:07.420 they are always messing with our algorithms they are always uh screwing us it's not just twitter it's all
00:05:13.860 uh and they will never give us a straight answer uh they'll say gee no nothing's going on look here's
00:05:20.420 the evidence we can show it to you just tell us what we did uh so we can repair it or argue about it
00:05:29.220 but they won't give us information and it seriously impacts our business seriously impacts absolutely it
00:05:36.980 does and they they they hold themselves out of the place where you can get you know you can that there
00:05:42.120 is free speech so they're holding themselves out one way and they're operating another way and so we
00:05:46.680 want to understand that because because consumers in texas have a right to not be treated unfairly or
00:05:52.640 have some type of deceptive trade practice you know done on them and and right now we have serious
00:05:58.300 concerns about some of these tech companies i i sincerely hope and i i imagine you are but i sincerely hope
00:06:05.500 you uh that texas will stand behind its uh voices um in the media because i i i wonder every day
00:06:14.620 how many how many more days weeks or months we have before they just completely just destroy us
00:06:21.580 and say you know create your own internet well one of the things they're trying to do with me is
00:06:26.700 they're trying to get the legislature to defund my ability to go fight them and of course i have no
00:06:31.860 doubt they'll try to run somebody against me that will have lots of money to try to knock me out
00:06:36.420 before i can finish up my lawsuit so they have so much money they can fund opponents and they can
00:06:41.260 have fun you know other other people to come like try to take my budget away so i can't go fight them
00:06:46.600 that's what they're i've been fighting all session long to keep money so that i can fight these guys
00:06:50.620 and it's been a it's been a war inside the legislature
00:06:54.060 uh ken let me talk about something else i don't know what the federal government
00:07:02.100 is supposed to do if they're not supposed to protect business private business from
00:07:09.000 attacks from outside of the country and inside of the country yesterday when the white house said
00:07:15.720 you know this is a private matter with the colonial pipeline and you know if they decide to pay the
00:07:20.760 the ransom then that's their business i i i mean i've never heard an official ever say we negotiate
00:07:27.600 with terrorists how is this not the primary the primary responsibility of the u.s government
00:07:34.980 to protect businesses from things like this well look new warfare is exactly what we're talking about
00:07:41.640 because cyber security attacks are how these countries and these uh terrorist nations can can ruin
00:07:47.540 your country without ever walking across your border and that's exactly the types of things
00:07:52.300 that the federal government should be protecting us against because nobody else has the resources to
00:07:56.980 take on other governments and other who else is going to do it so it's ridiculous for them to say
00:08:02.660 that the private issue when in reality if they they aren't going to do anything about it these
00:08:07.580 countries will destroy us from the outside in without without ever firing a shot
00:08:11.740 if our if texas main infrastructure was threatened let's say the the electricity grid which is uh
00:08:20.380 separate uh from everybody else if that was being threatened and what happened to us was from a cyber
00:08:26.860 hacking would you have recommended to anyone that they pay the ransom that the texas power grid pays the
00:08:35.280 ransom no i mean that we would do everything possible to try to prevent that the problem we have is that
00:08:41.560 and i've dealt with this on with cities who've had this happen to them somehow they've gotten into
00:08:46.660 their backup so you don't even have a way to go back and back it up and so it's going to be tremendous
00:08:51.460 cost that they they have no way to pay if they don't pay the ransom so it's a really awful situation
00:08:57.680 that we need to find a way to address um proactively or we're going to see more and more of this
00:09:03.260 bad okay one one last thing in plano last weekend a police officer uh was was standing right there
00:09:15.600 as a anarchist pulls out a gun and points it at a plano citizen and the police do nothing
00:09:25.360 i never thought i would see this in texas what's happening you know i am such a fan of law
00:09:34.120 enforcement and defending them because they have so much pressure on them they get criticized for
00:09:39.200 doing their job and they have a really hard job and have to make split second decisions but when you
00:09:43.700 let somebody these groups just come in and take over a highway you create a tremendous risk for them
00:09:49.660 because they can get hit by a car you create tremendous risk for the people in car and it's
00:09:55.560 it's against the law and the police should enforce the law and these people have every right to protest
00:10:01.260 just not in the middle of a highway i you know they may be right i don't i they may be right about
00:10:05.720 what they're protesting even if they're not they have a right to protest under our constitution
00:10:09.980 but not in the middle of a highway in a busy intersection so what happened in plano
00:10:15.000 what happened how did that break down they just let them stay and they arrested the guy that was
00:10:21.260 complaining about it and it just seems kind of bizarre to me that the very guy that was being
00:10:26.160 held up in traffic and complaining about it's the guy that gets charged and everybody else can break
00:10:31.520 the law and they get to no consequence i mean this is like how it started in in uh portland
00:10:39.040 what are we as a state going to do can you do anything with the with the local i mean i don't
00:10:45.960 i mean i really appreciate the fact that we we are bifurcated as governments but what can you do
00:10:53.180 anything all i can do all i can do is speak out and say this is wrong because these local these cities
00:10:58.420 they hire a city manager who hires a police chief it's all local control it's all based on the voters
00:11:04.200 in that city as to whether they're going to allow this to continue so i can speak out but i don't
00:11:09.080 have the authority to go tell the police chief hey you need to follow the law i don't think i have ever
00:11:15.080 seen a time in america where we need the individual and we don't even need experts in you know this uh
00:11:24.220 you know uh department or expert in this department i mean it helps but we need people with just basic
00:11:30.440 common sense no that's wrong you're going to arrest those people and not arrest that person you know
00:11:38.500 what i mean we we just need common sense we need the average joe in office right now you know you
00:11:46.720 you say that somebody told me i was courageous for speaking out i said it's not courageous it's
00:11:51.340 common sense anybody would think it's a bad idea i think to to protest in the middle of a busy
00:11:58.160 intersection by a freeway that's just it makes no sense why would you allow that when there's so
00:12:03.720 many other places you could protest safely you know i've told this story a million times but i think
00:12:09.580 about it almost every day when i was over in auschwitz i talked with my family to a woman who had been
00:12:16.260 one of the righteous among the nations when she was very young she saved jews and hid them in her barn
00:12:21.760 of her family uh and saved a lot of people and i asked her i said how how how do you water the seed
00:12:29.800 of righteousness in people so when those tough times come they're ready and she said to me you
00:12:35.640 misunderstand the righteous didn't suddenly become righteous they just didn't go over the cliff with
00:12:41.140 the rest of humanity and that's why what you're saying here about courage is so true you just have
00:12:49.340 to remember what you grew up knowing was right and knowing what was wrong it's very simple everybody
00:12:56.700 makes it so complicated it's not what were you taught on the difference between right and wrong
00:13:03.980 stand for those things it's not i agree it's not complicated and i think my kids when they were in
00:13:12.840 junior high would have known it was a bad idea to protest whether they knew it was against the law
00:13:18.080 they would have known it was a bad idea to protest in the middle of a busy uh intersection it just
00:13:23.500 quite honestly this is just this is just parents that didn't take their kid by the ear at some point
00:13:30.900 in their line go what were you thinking what were you thinking you know what i mean if if any of us
00:13:36.660 would have been playing in the street let alone a highway our parents would have grabbed us by the ear
00:13:43.900 thrown us in the back of the car and uh the punishment would have been extreme but they would have
00:13:49.700 started with what the hell is wrong with you it's that clear i can tell you that my i had one of my
00:13:57.120 attorneys one of my top attorneys call the police chief just so we could try to understand why are you
00:14:02.280 doing this and his answer was well we can't do anything about these people well you know it'll create
00:14:07.580 it'll create too much you know problem because you know who they are and so we you know we what
00:14:13.200 can we do i'm like how about this enforce the law and treat everybody the same i mean i don't care
00:14:18.060 what group they're from i don't care if they're from a pro-life group or a blm group if they're
00:14:21.900 protesting in the middle of a road it's a bad idea well people in plano you should show up at your
00:14:27.820 next city council meeting uh and uh you should be questioning your city manager uh and your mayor on
00:14:34.380 this this is insanity just insanity ken thank you for keeping the watch and thanks for doing what
00:14:40.560 you're doing uh please keep us up to date on uh on twitter and uh everything else one more thing i
00:14:46.700 just and i've got about 30 seconds for you to answer um we we are saying now that anyone can carry
00:14:54.560 a gun and it's a constitutional carry if we are naming it a constitutional carry how come we haven't
00:15:01.260 been doing that the whole time you know what it's a good question i've always wondered why we have a
00:15:05.860 second amendment people i think have always had the right to do it but states have limited that and i
00:15:11.800 don't think that's right i think people do have a right to carry under the second amendment whether
00:15:15.780 there's a law in the state or not i mean that was the whole point right that people that the founders
00:15:21.040 wanted us to be able to be able to protect ourselves not from each other but from the government
00:15:24.860 and so if if the government can limit you on that ability then that's not the second amendment that is not
00:15:30.420 the second amendment so look i'm just glad texas is moving in this direction it is the right direction
00:15:34.600 and unfortunately there are plenty of other states who ignore the constitution and people are not allowed
00:15:39.460 to carry thank you so much ken paxton attorney general of uh the great state of texas appreciate it
00:15:46.200 you're listening to the best of the glenn beck program
00:15:52.880 tonight you can call it what you want cultural marxism neo-marxism progressivism the new american
00:16:07.280 left whatever they all have it's all saying the same thing now the radical rhetoric and policies
00:16:14.260 that will bring violent consequences now how can you possibly say that glenn we're just trying to make
00:16:21.680 the country better no you're not no you're not at this point if you are for these radical policies
00:16:28.140 you are a marxist or you're a rube it is destroying our country and pulling us apart the calls for
00:16:39.380 defunding the police because they're racist all left of officers to be ambushed and and killed
00:16:45.540 police are being held back crimes are spiking in record numbers crime is going up faster than the
00:16:53.280 price of food in america faster than the price of lumber in america and that's saying something
00:17:00.260 critical race theory is now absolutely everywhere in our government corporations and our schools
00:17:07.400 revolution is what they want tearing the entire system down is the goal and the marxists did it in
00:17:16.280 places like the soviet union they did it in china they did it in germany in in all of those cases
00:17:24.420 people are blamed it's those people over there we've never been like that here in america
00:17:31.200 and the ones who feel it the hardest when things really get trouble it's not the real rich it's
00:17:40.580 the landowners and the farmers and i'm going to show you something that i have wanted to bring to you
00:17:46.660 for at least two years and it is a very dicey situation because it's complex it's it would be like
00:17:57.760 it would be like saying that all of america's problems are caused by marxists it's not it's not
00:18:04.680 all of america's problem is because of this this push and rush to a race war it's not it's much more
00:18:12.900 complex and i have not been able to show you this stuff because i wanted the hardcore evidence i wanted
00:18:21.860 the videotapes to show it and i wanted the whole story well we've been working on it now for months
00:18:29.140 and i think through divine providence uh it's happening tonight because when i started this two
00:18:36.280 years ago it wasn't about us it was about this situation that someone had to speak out against
00:18:43.400 and uh now it's just a glimpse into our future our near future and you will understand it tonight
00:18:52.560 you'll understand what's happening in america unlike you've ever understood it before and you will see
00:18:57.320 why these all of these admirals and generals came out yesterday and wrote a letter and said our republic
00:19:06.460 is at stake right now we are in more trouble than we have been in since 1776 and if the american people
00:19:15.760 don't stand up and they don't get involved locally we're not going to make it you'll understand that
00:19:23.180 much more tonight at nine o'clock just a warning don't watch it with your little kids i know a lot
00:19:30.900 of families like to watch the program this is not one for sensitive children or little children
00:19:35.800 i think you could watch it with your teenagers i think in fact you should watch it with your
00:19:40.860 teenagers maybe it will help put their feet in cement on what we're facing uh but there is some
00:19:48.060 disturbing video but we have to show it so you believe it because i don't think well i know i know
00:19:56.240 reason why it's taken us two years is because you don't know who to believe well in this case you can
00:20:02.960 believe your eyes it's uh it's revolution on the rise how marxism's early stages are happening right
00:20:14.040 now don't miss tonight's show you can find this on pluto tv you can find it on youtube.com slash blaze tv
00:20:22.500 also blaze tv.com use the promo code glenn and save on your subscription if you're not yet a member i urge
00:20:29.860 you to become a member we need to stick together now more than ever and we rely on you to be able
00:20:37.640 to do especially these long-term kind of investigations like this tonight you don't want to miss it
00:20:44.880 revolution on the rise 9 p.m eastern on blaze tv.com slash glenn youtube.com slash blaze tv and pluto
00:20:55.280 okay there's a new poll out the survey performed by the firm competitive edge research released by
00:21:04.000 the educational research and advocacy group parents defending education found that 74 percent of
00:21:10.480 respondents are somewhat or strongly opposed to white privilege training and a school's communicating
00:21:17.400 minorities are inherently oppressed only six percent of the population was for this six
00:21:27.280 if you feel overwhelmed and you feel you're alone only six percent are for this the rest are too afraid to
00:21:38.180 say anything
00:21:39.020 at this point they don't have guns what are you afraid of all is required is you to group together
00:21:51.860 and speak out go and run for your school board
00:21:56.960 get on to your city council do whatever you have to do to protect what's being taught in our schools and
00:22:07.580 get this this is worse than common core this is much worse than common core this is re-education this
00:22:17.040 is indoctrination of our children and it is so destructive the only way i can truly describe it is evil and i
00:22:25.560 describe it as evil because tell me the good that comes out of teaching our children that the only way to
00:22:32.220 stop discrimination is to discriminate the only way to stop racism is to be a racist in the other direction
00:22:40.080 tell me the good that comes out of hey uh kids you'll never make it because of them
00:22:47.560 not good it is not good there is a narrow sliver of the farthest left voters that view woke education
00:22:58.680 favorably a small six percent uh sliver i deliver the message to you today and i have said this to you
00:23:10.820 since 2007 you are not alone you are in the majority
00:23:18.460 however that sliver is in charge of a lot of stuff i'm going to give you two examples
00:23:27.980 the entire oklahoma city board of education denounced a law passed last friday that bans critical race
00:23:36.020 theory in public schools calling it racist and an insult
00:23:40.360 this is the school board on record after after the house and the senate passed a law and said
00:23:49.820 no critical race theory they freaked out they said the according to the school board that they worry house bill 1775 will
00:24:02.080 prevent accurate lessons involving race and history that's so much bullcrap i i can't even
00:24:08.960 there's not a big enough shovel for that bullcrap
00:24:12.260 there is no one that wants accurate history taught more than me or probably you
00:24:24.320 i know the dark history of america i can out dark you on american history i don't care if you're van jones
00:24:33.660 i can make van jones hair stand up and and turn white
00:24:38.580 i can tell you the bad things that america has done
00:24:46.360 especially in tulsa oklahoma
00:24:50.120 but that's not who we are that's who we were
00:24:56.480 and that's who we should never ever become again
00:25:01.360 and we should talk about the triumph
00:25:04.760 over that kind of evil
00:25:07.120 i want all of it to be talked about i want
00:25:11.480 i am so sick and tired of people thinking that andrew jackson on our twenty dollar bill
00:25:16.220 is a decent guy or just
00:25:18.000 an okay president
00:25:19.680 i think he ended the republic that the founders built
00:25:23.280 i think that's when we actually took our first turn
00:25:26.860 away from
00:25:28.280 well i know it
00:25:29.380 from divine providence
00:25:31.280 to manifest destiny
00:25:33.860 completely an un-american idea
00:25:36.640 manifest destiny is not an american idea
00:25:39.660 so they're freaking out
00:25:43.800 that's in oklahoma
00:25:45.720 that's not new york
00:25:47.220 that's oklahoma
00:25:48.860 so if you think
00:25:50.100 if you think
00:25:51.480 you live in a
00:25:53.360 in a uh
00:25:54.360 in a place
00:25:55.020 less conservative
00:25:57.200 than oklahoma
00:25:59.320 you've got problems
00:26:02.180 because all members of the school board
00:26:05.600 said this was an outrage
00:26:06.980 that they can't teach
00:26:08.080 critical race theory
00:26:09.280 now let me give you another story
00:26:10.540 this one from the daily caller
00:26:12.880 teachers at tennessee public schools
00:26:15.120 criticized the state's ban on critical race theory instruction
00:26:18.320 saying it will hurt their ability to teach students about racism
00:26:21.780 i have no problem teaching about racism
00:26:28.000 i have every
00:26:29.660 every fiber in me
00:26:31.980 is against
00:26:33.320 teaching
00:26:34.540 anti-racism
00:26:36.420 because that is
00:26:38.460 racism
00:26:39.400 tennessee general assembly
00:26:43.320 banned
00:26:43.860 crt instruction
00:26:45.140 in early may
00:26:45.840 preventing schools from teaching students
00:26:47.560 uh
00:26:48.200 and individual
00:26:49.260 that it is inherently
00:26:50.280 racist
00:26:51.180 as
00:26:52.240 a group
00:26:53.020 or as an individual
00:26:54.180 or
00:26:55.080 an oppressor
00:26:56.020 because of their race
00:26:57.280 uh
00:26:58.400 blah blah blah
00:26:58.900 or you can also
00:26:59.760 taught that the teach of the u.s. is inherently
00:27:01.660 a racist country
00:27:02.920 i mean what happens to all the other countries
00:27:04.960 that have
00:27:05.300 that were built on slavery
00:27:06.980 what happened to those countries
00:27:09.500 why are we the only one
00:27:11.560 that is inherently racist
00:27:13.160 how about egypt
00:27:14.540 how about egypt
00:27:16.460 how about
00:27:18.420 england
00:27:19.160 how about brazil
00:27:21.420 how about mexico
00:27:22.760 you know i'm reading this great book called
00:27:26.440 the fingerprints of the gods
00:27:27.880 um
00:27:28.600 and it
00:27:29.060 it's uh
00:27:30.320 it's a search for
00:27:31.580 uh
00:27:33.040 the true history
00:27:35.000 of humanity
00:27:36.020 the theory is
00:27:37.440 is that
00:27:38.200 humans didn't just pop up
00:27:40.680 6,000 years ago
00:27:41.980 or 5,000 years ago
00:27:43.100 humans were here before
00:27:45.320 and there was a
00:27:46.580 very technological
00:27:48.100 uh
00:27:49.100 savvy
00:27:49.520 um
00:27:51.060 race of people
00:27:53.300 that
00:27:54.440 uh
00:27:55.220 had technology
00:27:56.180 in some regards
00:27:57.780 as as much as we did
00:27:59.360 and it
00:28:00.160 destroyed itself
00:28:01.400 something happened
00:28:02.320 anyway
00:28:03.820 um
00:28:04.580 this guy
00:28:05.240 uh
00:28:06.080 scientist historian
00:28:07.000 is going around the world
00:28:08.240 and he's finding evidence
00:28:09.620 of all of these things
00:28:10.880 you know
00:28:11.600 how did this happen
00:28:12.740 if it
00:28:13.800 if it wasn't
00:28:14.740 there before
00:28:15.860 who actually
00:28:17.020 is responsible
00:28:17.880 for all these things
00:28:18.880 and
00:28:19.980 he's on
00:28:20.900 south america
00:28:21.760 and he's talking about
00:28:23.160 you know
00:28:24.200 the uh
00:28:25.060 the aztecs
00:28:26.480 and
00:28:28.200 you know
00:28:28.720 how bad
00:28:29.420 the aztecs
00:28:30.220 were
00:28:30.520 and then
00:28:31.340 he said
00:28:31.880 you know
00:28:32.140 spain comes in
00:28:33.260 and they just
00:28:33.780 slaughter all of
00:28:34.840 the aztecs
00:28:35.720 well what about
00:28:37.340 spain
00:28:38.040 really
00:28:40.000 you want to talk
00:28:40.900 about
00:28:41.260 you want to talk
00:28:41.940 about taking over
00:28:42.880 a nation
00:28:43.580 spain
00:28:45.100 they come over
00:28:47.400 uh
00:28:48.740 and now
00:28:49.400 everybody's speaking
00:28:50.220 spanish
00:28:51.640 spain
00:28:53.160 spanish
00:28:54.560 how come
00:28:56.980 mexico
00:28:57.360 is an
00:28:58.300 inherently
00:28:58.740 racist
00:28:59.380 so sick
00:29:01.820 of it
00:29:02.060 anyway
00:29:02.460 i digress
00:29:03.580 liz
00:29:05.020 jarvis
00:29:06.440 an english
00:29:07.000 uh
00:29:07.500 teacher
00:29:07.780 she's uh
00:29:09.200 she teaches
00:29:09.620 english as a
00:29:10.260 second language
00:29:10.880 uh
00:29:11.720 in memphis
00:29:12.580 she plans
00:29:13.640 to flout
00:29:14.140 the law
00:29:14.620 she says
00:29:15.880 she uh
00:29:16.840 she says
00:29:17.300 the law
00:29:17.840 favors
00:29:18.280 white children
00:29:19.080 to be frank
00:29:20.400 the bill
00:29:20.880 will not
00:29:21.440 make it harder
00:29:22.300 for my
00:29:22.760 personal
00:29:23.160 classroom
00:29:23.620 because i
00:29:24.180 plan to
00:29:24.820 ignore it
00:29:25.540 who's going
00:29:26.520 to enforce
00:29:27.300 it
00:29:27.560 this is a
00:29:28.400 bill that
00:29:28.780 viciously
00:29:29.420 favors white
00:29:30.160 children
00:29:30.540 and ignores
00:29:31.480 the needs
00:29:31.940 of children
00:29:32.360 of color
00:29:32.920 so there's
00:29:34.440 at least
00:29:35.180 one
00:29:36.040 teacher
00:29:37.080 um
00:29:38.360 that says
00:29:39.520 it doesn't
00:29:40.440 matter
00:29:40.700 there are
00:29:41.360 a lot
00:29:42.060 of teachers
00:29:42.900 why
00:29:45.060 because
00:29:46.720 they were
00:29:47.840 indoctrinated
00:29:48.620 why just
00:29:49.820 why become
00:29:51.300 a teacher
00:29:51.980 you think
00:29:53.360 you're going
00:29:53.600 to be able
00:29:53.960 to change
00:29:54.500 the world
00:29:55.140 and i mean
00:29:56.380 you're you're
00:29:57.200 somebody plotting
00:29:57.980 to change
00:29:58.620 the world
00:29:59.200 why become
00:30:00.980 a teacher
00:30:01.440 unless you're
00:30:02.820 going to become
00:30:03.280 a teacher
00:30:03.760 that teaches
00:30:04.780 teachers
00:30:05.380 why have
00:30:06.620 40 students
00:30:07.680 or 25
00:30:08.480 students
00:30:09.220 and just
00:30:10.340 teach them
00:30:11.040 why not
00:30:12.320 teach
00:30:12.800 a hundred
00:30:13.920 students
00:30:15.060 who are
00:30:16.440 then going
00:30:17.340 right after
00:30:18.040 your class
00:30:18.860 to teach
00:30:20.160 you teach
00:30:21.960 far too
00:30:22.480 many people
00:30:22.980 that way
00:30:23.580 it's perfect
00:30:25.160 that's why
00:30:26.180 our universities
00:30:27.500 have been
00:30:28.120 infiltrated
00:30:28.820 for so long
00:30:29.580 teach
00:30:30.400 the teachers
00:30:31.140 teach
00:30:31.620 the leaders
00:30:32.260 of tomorrow
00:30:32.940 and the
00:30:33.660 leaders
00:30:33.940 of tomorrow
00:30:34.620 the ones
00:30:35.300 who are
00:30:35.480 going to
00:30:35.700 be directly
00:30:36.580 from you
00:30:37.560 right into
00:30:38.660 CEOs
00:30:39.380 you know
00:30:39.980 in a few
00:30:40.400 years
00:30:40.760 right into
00:30:41.440 the classroom
00:30:42.120 give them
00:30:43.500 the indoctrination
00:30:44.380 first
00:30:44.960 and then
00:30:45.860 when the
00:30:46.140 time is
00:30:46.480 right
00:30:46.680 they will
00:30:47.040 indoctrinate
00:30:47.680 they believe
00:30:48.520 it
00:30:48.880 because many
00:30:50.380 of them
00:30:50.780 have already
00:30:51.640 been
00:30:51.980 indoctrinated
00:30:52.860 the poison
00:30:53.680 is already
00:30:54.660 in them
00:30:55.360 and I have
00:30:57.700 to tell you
00:30:58.140 unless your
00:30:58.880 teachers
00:30:59.340 stand up
00:31:00.200 against it
00:31:01.140 if there's
00:31:01.880 any well
00:31:02.520 but we
00:31:03.000 kind of
00:31:03.520 understand
00:31:04.260 critical
00:31:04.720 right
00:31:04.940 stand up
00:31:06.620 in your
00:31:06.860 community
00:31:07.280 and fire
00:31:08.980 the teachers
00:31:09.680 fire them
00:31:10.760 get the
00:31:12.300 labor unions
00:31:13.100 out of
00:31:13.600 your
00:31:13.760 classrooms
00:31:14.360 but you've
00:31:15.440 got
00:31:15.860 to stand
00:31:17.200 up
00:31:17.500 this is
00:31:21.120 the best
00:31:21.440 of the
00:31:21.640 Glenn Beck
00:31:21.960 program
00:31:22.360 and we
00:31:22.900 really want
00:31:23.360 to thank
00:31:23.660 you for
00:31:23.920 listening
00:31:24.320 I want
00:31:32.700 to spend
00:31:33.280 some time
00:31:33.880 today just
00:31:34.500 giving you
00:31:34.900 an update
00:31:35.280 on the
00:31:35.680 economy
00:31:36.160 the
00:31:38.360 inflation
00:31:39.160 rate is
00:31:39.660 now 4.2
00:31:40.580 percent
00:31:41.200 now
00:31:41.940 that's
00:31:43.700 because we
00:31:44.280 calculate
00:31:44.840 things
00:31:45.440 differently
00:31:45.880 and quite
00:31:46.600 honestly
00:31:46.940 times change
00:31:48.100 so we're
00:31:48.400 not buying
00:31:48.920 the same
00:31:49.480 things etc
00:31:50.340 etc
00:31:50.640 but it's
00:31:52.500 it's not
00:31:53.160 that dramatic
00:31:54.100 they have
00:31:54.960 changed the
00:31:55.920 way we
00:31:56.560 calculate
00:31:57.060 the CPI
00:31:58.460 the
00:31:58.720 the
00:31:59.100 the
00:31:59.520 inflation
00:32:00.000 the cost
00:32:00.640 of
00:32:00.940 of products
00:32:01.740 that everybody
00:32:02.200 needs
00:32:02.640 we changed
00:32:04.760 that formula
00:32:05.500 back in
00:32:06.340 1980
00:32:07.480 then we
00:32:08.540 changed it
00:32:09.120 again in
00:32:09.520 1990
00:32:10.340 so if
00:32:11.520 we look
00:32:12.060 at our
00:32:12.500 4.2
00:32:13.720 percent
00:32:14.360 and we
00:32:15.720 compare it
00:32:16.660 to
00:32:17.560 where we
00:32:19.980 would be
00:32:20.400 in today's
00:32:21.480 inflation
00:32:22.100 if you grew
00:32:23.200 up in the
00:32:23.620 90s and
00:32:24.500 you saw the
00:32:25.080 inflation
00:32:25.520 number
00:32:25.940 you would
00:32:26.840 go oh
00:32:27.700 we're at
00:32:28.160 that inflation
00:32:28.960 rate so
00:32:30.000 let's compare
00:32:30.620 it because
00:32:30.980 you can't
00:32:31.480 say oh
00:32:32.240 inflation
00:32:32.800 it was much
00:32:33.880 worse under
00:32:34.460 Jimmy Carter
00:32:35.280 let's
00:32:36.640 take what
00:32:37.260 we have
00:32:37.880 today and
00:32:39.040 calculate it
00:32:39.900 the same
00:32:40.420 way then
00:32:41.860 we can
00:32:42.660 compare it
00:32:43.360 you can't
00:32:44.540 say you
00:32:45.120 know what
00:32:45.680 since we
00:32:48.300 started using
00:32:48.900 the metric
00:32:49.420 system you
00:32:50.600 know I
00:32:51.300 mean it's
00:32:52.120 crazy you
00:32:53.380 know it's
00:32:54.400 everything's
00:32:55.480 gotten shorter
00:32:56.060 or longer
00:32:57.100 whichever it
00:32:57.780 is you
00:32:58.560 know you
00:32:58.800 have to use
00:32:59.940 the same
00:33:00.620 calculation
00:33:01.860 on both
00:33:02.320 ends so
00:33:03.180 let's use
00:33:03.920 what we
00:33:04.820 find from
00:33:05.320 shadow stats
00:33:06.080 dot com
00:33:06.680 where they
00:33:07.480 give us the
00:33:08.120 calculation
00:33:08.720 of today's
00:33:10.000 numbers in
00:33:12.140 the same way
00:33:12.820 that they did
00:33:13.360 in the 1990s
00:33:14.280 so 4.2%
00:33:15.760 if we calculated
00:33:16.900 it the same
00:33:17.460 way we did
00:33:17.960 in the 90s
00:33:18.560 would be how
00:33:19.040 much Stu
00:33:19.780 in the 90s
00:33:22.140 would be about
00:33:22.480 8%
00:33:23.220 okay so
00:33:25.520 our government
00:33:26.080 has found a
00:33:26.840 way to cut
00:33:27.720 that in half
00:33:28.340 congratulations
00:33:29.060 so what that
00:33:30.160 means is
00:33:31.020 when you're
00:33:31.580 looking at
00:33:31.980 the 4.2
00:33:32.820 generally
00:33:33.620 speaking
00:33:34.320 you're looking
00:33:36.540 at a number
00:33:38.120 that would
00:33:38.780 have been
00:33:39.400 8%
00:33:40.560 inflation
00:33:41.140 in the
00:33:41.780 1990s
00:33:42.640 so when
00:33:43.080 Clinton
00:33:43.440 was in
00:33:44.140 office
00:33:44.560 if we had
00:33:45.920 what's going
00:33:46.460 on today
00:33:47.160 they would
00:33:48.020 have said
00:33:48.340 we're running
00:33:48.800 8%
00:33:49.440 inflation
00:33:50.000 that's a
00:33:51.860 huge number
00:33:53.120 a huge
00:33:54.160 number
00:33:54.600 now
00:33:56.360 Jimmy
00:33:56.880 Carter
00:33:57.280 when
00:33:58.480 Reagan
00:33:58.840 got
00:33:59.140 in
00:33:59.320 1980
00:33:59.960 was
00:34:00.420 the
00:34:00.620 worst
00:34:01.100 year
00:34:01.560 of
00:34:02.140 inflation
00:34:02.860 if we
00:34:05.140 and what
00:34:05.660 was
00:34:05.840 inflation
00:34:06.220 then
00:34:06.460 13%
00:34:07.420 under
00:34:08.280 Jimmy
00:34:08.500 Carter
00:34:08.720 hit up
00:34:09.140 yeah
00:34:09.360 13
00:34:09.900 almost
00:34:10.460 14
00:34:11.100 15%
00:34:11.960 at times
00:34:12.920 okay
00:34:13.140 yeah
00:34:13.420 over
00:34:13.880 13
00:34:14.320 it
00:34:14.620 was
00:34:15.700 horrific
00:34:16.820 during
00:34:17.500 the 70s
00:34:18.280 there was
00:34:18.700 it was
00:34:19.560 it was
00:34:20.320 country
00:34:21.080 killing
00:34:21.520 kind of
00:34:22.200 inflation
00:34:23.040 and
00:34:24.680 then
00:34:24.960 Reagan
00:34:25.300 got
00:34:25.600 in
00:34:25.880 and
00:34:26.100 changed
00:34:26.460 some
00:34:26.680 things
00:34:27.080 and
00:34:27.680 we
00:34:28.380 got
00:34:28.580 it
00:34:28.720 under
00:34:28.920 control
00:34:29.440 so
00:34:31.180 what
00:34:31.560 what
00:34:32.500 what is
00:34:33.100 our
00:34:33.280 inflation
00:34:33.700 compared
00:34:34.160 to
00:34:34.360 then
00:34:34.560 it
00:34:34.720 was
00:34:34.920 13
00:34:35.860 to
00:34:36.080 15%
00:34:36.960 inflation
00:34:37.760 at
00:34:38.660 the
00:34:38.840 top
00:34:39.340 of
00:34:39.620 the
00:34:39.780 worst
00:34:40.380 parts
00:34:41.000 of
00:34:41.580 Jimmy
00:34:41.840 Carter
00:34:42.140 what
00:34:43.500 are
00:34:43.620 we
00:34:43.740 at
00:34:44.060 today
00:34:44.700 at
00:34:45.060 the
00:34:45.220 beginning
00:34:45.660 of
00:34:46.100 this
00:34:46.340 inflationary
00:34:47.040 period
00:34:47.420 if we
00:34:48.140 calculate
00:34:48.580 the same
00:34:49.120 way
00:34:49.300 they did
00:34:49.660 in the
00:34:49.900 Carter
00:34:50.120 years
00:34:50.520 yeah
00:34:50.760 according
00:34:51.040 to
00:34:51.200 some
00:34:51.340 of
00:34:51.420 these
00:34:51.520 guys
00:34:51.680 who
00:34:51.800 try
00:34:51.900 to
00:34:52.000 figure
00:34:52.140 this
00:34:52.360 alternate
00:34:52.840 inflation
00:34:54.480 out
00:34:54.800 they
00:34:55.020 say
00:34:55.240 it's
00:34:55.380 over
00:34:55.700 11%
00:34:56.620 right
00:34:57.280 now
00:34:57.500 so
00:34:59.240 we're
00:35:00.260 at
00:35:00.520 the
00:35:00.720 beginning
00:35:01.260 where
00:35:01.560 people
00:35:01.860 are
00:35:02.040 still
00:35:02.280 saying
00:35:02.560 we're
00:35:02.800 not
00:35:03.020 seeing
00:35:03.360 inflation
00:35:03.940 no
00:35:04.560 we're
00:35:05.140 not
00:35:05.340 seeing
00:35:05.640 inflation
00:35:06.120 and
00:35:07.480 Bank
00:35:07.780 of
00:35:07.920 America
00:35:08.240 saying
00:35:08.640 we're
00:35:08.940 seeing
00:35:09.180 transitory
00:35:09.880 hyper
00:35:10.580 inflation
00:35:11.320 coming
00:35:11.880 okay
00:35:12.960 no
00:35:13.420 no
00:35:13.640 we're
00:35:13.840 not
00:35:14.080 if
00:35:14.820 you
00:35:14.980 calculate
00:35:15.520 it
00:35:15.780 the
00:35:15.940 same
00:35:16.220 way
00:35:16.680 generally
00:35:17.440 speaking
00:35:18.040 in
00:35:18.820 the
00:35:19.000 1980s
00:35:20.060 you
00:35:20.780 calculate
00:35:21.340 the
00:35:21.600 same
00:35:21.760 way
00:35:21.940 we're
00:35:22.360 almost
00:35:22.940 at
00:35:23.340 the
00:35:23.520 beginning
00:35:24.020 of
00:35:24.420 this
00:35:24.820 almost
00:35:25.720 in
00:35:26.260 the
00:35:26.520 worst
00:35:26.820 parts
00:35:27.280 of
00:35:27.600 the
00:35:27.760 Carter
00:35:28.020 years
00:35:28.540 and
00:35:33.880 it's
00:35:35.380 not
00:35:35.540 going
00:35:35.660 to
00:35:35.720 get
00:35:35.840 better
00:35:36.160 because
00:35:37.120 the
00:35:37.340 way
00:35:37.520 you
00:35:37.740 stop
00:35:38.280 inflation
00:35:38.880 is
00:35:39.360 you
00:35:39.500 pull
00:35:39.700 money
00:35:39.960 back
00:35:40.340 you
00:35:41.080 discourage
00:35:41.880 people
00:35:42.300 from
00:35:42.720 spending
00:35:43.260 money
00:35:43.660 and
00:35:44.660 you
00:35:44.780 do
00:35:45.000 that
00:35:45.300 by
00:35:45.520 making
00:35:45.820 it
00:35:46.020 harder
00:35:46.360 and
00:35:46.560 harder
00:35:46.880 to
00:35:47.180 get
00:35:47.580 money
00:35:48.240 to
00:35:48.620 get
00:35:48.780 a
00:35:48.940 loan
00:35:49.260 to
00:35:49.600 get
00:35:49.940 a
00:35:50.120 credit
00:35:50.380 card
00:35:50.760 that's
00:35:51.700 how
00:35:51.860 you
00:35:52.120 make
00:35:52.680 inflation
00:35:53.240 go
00:35:53.580 back
00:35:53.840 down
00:35:54.060 because
00:35:54.260 you
00:35:54.380 have
00:35:54.600 to
00:35:54.760 destroy
00:35:55.340 all
00:35:56.160 of
00:35:56.280 the
00:35:56.400 money
00:35:56.600 that
00:35:56.780 was
00:35:56.980 printed
00:35:57.500 for
00:35:57.920 the
00:35:58.180 stimulus
00:35:58.940 so
00:35:59.820 you
00:35:59.920 got
00:36:00.020 to
00:36:00.160 suck
00:36:00.480 that
00:36:00.700 back
00:36:00.960 into
00:36:01.140 the
00:36:01.320 system
00:36:01.620 and
00:36:01.900 destroy
00:36:02.320 it
00:36:02.500 the
00:36:02.640 only
00:36:03.080 way
00:36:03.380 to
00:36:03.540 do
00:36:03.700 that
00:36:04.000 is
00:36:04.580 through
00:36:04.800 higher
00:36:05.160 interest
00:36:05.660 rates
00:36:06.060 the
00:36:06.920 Fed
00:36:07.320 said
00:36:07.800 and
00:36:08.360 I'm
00:36:08.880 trying
00:36:09.140 to
00:36:09.320 figure
00:36:09.480 this
00:36:09.740 out
00:36:10.060 the
00:36:10.780 Fed
00:36:11.140 said
00:36:11.640 that
00:36:11.980 they're
00:36:12.240 not
00:36:12.620 going
00:36:12.960 to
00:36:13.220 raise
00:36:13.620 interest
00:36:14.180 rates
00:36:14.580 until
00:36:15.380 we
00:36:15.760 have
00:36:16.220 a
00:36:16.520 steady
00:36:17.080 inflation
00:36:18.560 rate
00:36:19.020 of
00:36:19.300 about
00:36:19.600 2%
00:36:20.480 wait
00:36:24.080 we're
00:36:25.180 already
00:36:25.600 more
00:36:26.020 than
00:36:26.240 double
00:36:26.740 that
00:36:27.100 number
00:36:27.500 and
00:36:29.460 the
00:36:29.860 way
00:36:30.140 you
00:36:30.340 bring
00:36:30.580 it
00:36:30.720 down
00:36:31.000 to
00:36:31.140 2%
00:36:31.620 is
00:36:32.080 you
00:36:32.220 make
00:36:32.500 it
00:36:32.700 harder
00:36:33.500 for
00:36:33.820 money
00:36:34.100 to
00:36:34.360 be
00:36:34.580 spent
00:36:35.080 or
00:36:35.360 borrowed
00:36:35.880 so
00:36:38.040 you're
00:36:39.040 saying
00:36:39.400 you're
00:36:39.640 not
00:36:40.120 going
00:36:40.440 to
00:36:40.640 do
00:36:40.840 those
00:36:41.180 things
00:36:41.660 how
00:36:42.480 is
00:36:42.640 it
00:36:42.900 like
00:36:43.180 is
00:36:43.460 it
00:36:43.560 like
00:36:43.720 the
00:36:43.900 scale
00:36:44.260 when
00:36:44.480 you
00:36:44.600 stand
00:36:44.860 on
00:36:45.040 it
00:36:45.160 Stu
00:36:45.360 and
00:36:45.460 I
00:36:45.540 were
00:36:45.620 talking
00:36:45.840 about
00:36:46.020 it
00:36:46.140 earlier
00:36:46.460 you
00:36:47.340 stand
00:36:47.600 on
00:36:47.740 a
00:36:47.860 scale
00:36:48.120 you
00:36:48.280 know
00:36:48.400 how
00:36:48.520 it
00:36:48.640 goes
00:36:48.780 past
00:36:49.040 zero
00:36:49.320 I
00:36:49.520 only
00:36:49.720 weigh
00:36:49.940 21
00:36:50.360 pounds
00:36:50.740 that's
00:36:51.180 it
00:36:51.360 because
00:36:53.180 it
00:36:53.300 starts
00:36:53.540 over
00:36:53.780 once
00:36:54.020 it
00:36:54.140 goes
00:36:54.340 to
00:36:54.480 a
00:36:54.600 certain
00:36:54.760 number
00:36:55.020 it
00:36:55.140 just
00:36:55.280 starts
00:36:55.560 at
00:36:55.740 zero
00:36:56.000 again
00:36:56.360 is
00:36:56.660 that
00:36:56.800 how
00:36:56.920 inflation
00:36:57.360 works
00:36:57.700 pretty
00:37:08.040 it's
00:37:08.480 easy
00:37:08.840 math
00:37:09.280 let's
00:37:09.860 just
00:37:10.040 use
00:37:10.400 10%
00:37:11.140 inflation
00:37:11.640 if
00:37:12.000 you
00:37:12.120 want
00:37:12.300 to
00:37:12.400 go
00:37:12.540 the
00:37:12.700 way
00:37:12.840 the
00:37:13.000 government
00:37:13.280 is
00:37:13.500 calculating
00:37:14.040 today
00:37:14.500 it's
00:37:14.860 4
00:37:15.200 it's
00:37:15.460 4.2
00:37:16.300 official
00:37:17.100 today
00:37:17.560 if
00:37:18.560 you
00:37:18.680 want
00:37:18.900 to
00:37:19.020 look
00:37:19.220 at
00:37:19.440 it
00:37:19.580 more
00:37:19.880 realistically
00:37:20.600 it's
00:37:21.860 probably
00:37:22.260 between
00:37:22.940 8
00:37:23.260 and
00:37:23.360 11
00:37:23.700 from
00:37:24.860 where
00:37:25.140 you
00:37:25.520 remember
00:37:26.140 when
00:37:26.480 you
00:37:26.640 were
00:37:26.780 growing
00:37:27.080 up
00:37:27.380 but
00:37:28.820 let's
00:37:29.160 just
00:37:29.360 use
00:37:29.740 10%
00:37:30.560 inflation
00:37:31.140 as
00:37:32.360 an
00:37:32.500 example
00:37:32.920 if
00:37:34.960 we
00:37:35.280 have
00:37:35.820 10%
00:37:36.760 inflation
00:37:37.240 which
00:37:37.520 I
00:37:38.020 claim
00:37:38.380 we
00:37:38.620 do
00:37:38.960 because
00:37:39.540 of
00:37:39.940 the
00:37:40.080 shadow
00:37:40.340 stat
00:37:40.620 numbers
00:37:40.960 they're
00:37:41.160 playing
00:37:41.420 a
00:37:41.580 game
00:37:41.780 with
00:37:41.960 it
00:37:42.160 if
00:37:44.080 we
00:37:44.240 have
00:37:44.420 10%
00:37:45.140 inflation
00:37:45.760 that
00:37:46.380 means
00:37:46.820 year
00:37:47.140 over
00:37:47.360 year
00:37:47.740 if
00:37:48.660 you
00:37:48.920 had
00:37:49.400 $100
00:37:50.120 in
00:37:51.080 the
00:37:51.280 bank
00:37:51.700 $100
00:37:53.580 worth
00:37:54.020 of
00:37:54.200 buying
00:37:54.580 power
00:37:55.020 you
00:37:55.520 still
00:37:55.840 have
00:37:56.260 $100
00:37:57.060 that's
00:37:57.680 what
00:37:57.780 it
00:37:57.920 says
00:37:58.160 on
00:37:58.300 the
00:37:58.440 ledger
00:37:58.780 but
00:38:00.080 you
00:38:00.280 can
00:38:00.500 only
00:38:01.140 have
00:38:02.480 the
00:38:02.700 buying
00:38:03.140 power
00:38:03.580 of
00:38:04.340 $90
00:38:04.760 so
00:38:05.940 you've
00:38:06.420 lost
00:38:07.140 $10
00:38:08.080 this
00:38:09.180 year
00:38:09.540 for
00:38:09.980 every
00:38:10.440 $100
00:38:10.840 that
00:38:11.380 you
00:38:11.520 have
00:38:11.860 but
00:38:13.480 this
00:38:13.860 is
00:38:14.260 year
00:38:14.980 over
00:38:15.240 year
00:38:15.740 so
00:38:16.680 if
00:38:17.180 next
00:38:17.880 year
00:38:18.280 2022
00:38:19.420 is
00:38:20.360 as
00:38:20.660 delightful
00:38:21.380 as
00:38:21.760 this
00:38:22.040 year
00:38:22.280 is
00:38:22.620 and
00:38:23.340 let's
00:38:23.620 just
00:38:23.780 say
00:38:23.980 it
00:38:24.180 stays
00:38:24.700 flat
00:38:25.440 at
00:38:25.840 10%
00:38:26.600 you
00:38:27.860 now
00:38:28.140 have
00:38:28.600 80 cents
00:38:29.480 right
00:38:30.600 81
00:38:31.160 81
00:38:31.740 81
00:38:32.520 because
00:38:33.740 yeah
00:38:34.080 because
00:38:34.480 of
00:38:34.700 90%
00:38:35.340 so
00:38:35.620 you
00:38:35.800 lose
00:38:36.120 9
00:38:36.600 cents
00:38:36.980 then
00:38:38.160 you
00:38:38.300 have
00:38:38.760 72
00:38:40.000 cents
00:38:40.440 73
00:38:41.020 yeah
00:38:41.420 73
00:38:42.240 the
00:38:42.540 next
00:38:42.760 year
00:38:43.060 and
00:38:43.920 and
00:38:45.320 so
00:38:45.520 on
00:38:45.680 and
00:38:45.800 so
00:38:45.960 on
00:38:46.160 you'll
00:38:46.780 see
00:38:47.080 that
00:38:47.480 with
00:38:49.420 inflation
00:38:50.100 this
00:38:52.120 is how
00:38:52.560 people
00:38:52.980 become
00:38:53.400 poor
00:38:53.900 this
00:38:55.320 is what
00:38:55.700 happened
00:38:56.160 in
00:38:56.540 Venezuela
00:38:56.960 this
00:38:57.380 is what
00:38:57.660 happened
00:38:57.940 in Cuba
00:38:58.360 this
00:38:58.660 is what
00:38:58.940 happened
00:38:59.240 in
00:38:59.440 Germany
00:38:59.780 this
00:39:00.080 is what
00:39:00.360 happens
00:39:00.740 in
00:39:01.280 Zimbabwe
00:39:01.920 this
00:39:02.580 is what
00:39:02.860 happens
00:39:03.260 everywhere
00:39:04.240 they
00:39:04.860 print
00:39:05.300 money
00:39:05.880 and
00:39:06.380 spend
00:39:07.080 to
00:39:07.660 get
00:39:07.840 out
00:39:08.140 what
00:39:09.300 happens
00:39:09.720 is
00:39:10.080 the
00:39:10.640 money
00:39:10.940 becomes
00:39:11.500 worth
00:39:12.060 less
00:39:12.440 and
00:39:12.620 less
00:39:12.900 so
00:39:13.120 the
00:39:13.300 products
00:39:13.820 seem
00:39:14.640 like
00:39:14.980 they're
00:39:15.200 going
00:39:15.480 up
00:39:15.760 in
00:39:15.940 price
00:39:16.240 but
00:39:16.460 they're
00:39:16.680 not
00:39:16.940 going
00:39:17.200 up
00:39:17.400 in
00:39:17.540 price
00:39:17.840 and
00:39:18.500 the
00:39:18.640 politicians
00:39:19.120 will
00:39:19.400 tell
00:39:19.620 you
00:39:19.840 it's
00:39:20.200 these
00:39:20.500 companies
00:39:21.020 it's
00:39:21.400 the
00:39:21.600 policy
00:39:22.160 of
00:39:22.580 these
00:39:23.240 companies
00:39:23.720 hoarding
00:39:24.340 all
00:39:24.580 of
00:39:24.760 that
00:39:25.000 money
00:39:25.960 they're
00:39:26.720 just
00:39:26.980 getting
00:39:27.320 rich
00:39:27.760 no
00:39:28.560 it's
00:39:29.780 of
00:39:30.080 the
00:39:30.280 central
00:39:30.700 bank
00:39:31.180 and
00:39:31.460 the
00:39:31.660 government
00:39:32.040 spending
00:39:32.820 too
00:39:33.160 much
00:39:33.480 and
00:39:34.120 then
00:39:34.320 buying
00:39:34.860 their
00:39:35.280 own
00:39:35.640 debt
00:39:36.220 and
00:39:36.560 printing
00:39:37.080 more
00:39:37.440 money
00:39:37.820 that's
00:39:39.080 what
00:39:39.460 causes
00:39:40.160 inflation
00:39:40.960 and
00:39:43.620 they'll
00:39:43.820 blame it
00:39:44.380 on
00:39:44.600 someone
00:39:44.980 else
00:39:45.400 because
00:39:45.800 they
00:39:46.280 create
00:39:46.740 the
00:39:46.940 problem
00:39:47.380 they
00:39:48.060 of
00:39:48.340 course
00:39:48.700 will
00:39:48.920 have
00:39:49.160 the
00:39:49.380 solution
00:39:50.040 Chuck
00:39:50.940 Schumer
00:39:51.320 solution
00:39:51.900 did you
00:39:52.300 hear this
00:39:52.860 yesterday
00:39:53.260 Stu
00:39:53.620 Chuck
00:39:54.480 Schumer
00:39:54.740 actually
00:39:55.160 came
00:39:55.440 out
00:39:55.580 and said
00:39:55.860 inflation
00:39:56.320 is
00:39:56.540 happening
00:39:56.840 because
00:39:57.120 we
00:39:57.300 don't
00:39:57.460 have
00:39:57.640 the
00:39:57.780 workers
00:39:58.120 and
00:39:58.560 the
00:39:58.680 reason
00:39:58.880 why
00:39:59.060 we
00:39:59.200 don't
00:39:59.400 have
00:39:59.580 the
00:39:59.740 workers
00:40:00.140 is
00:40:01.000 not
00:40:01.220 because
00:40:01.500 we're
00:40:01.760 paying
00:40:02.220 them
00:40:02.560 to
00:40:02.780 stay
00:40:03.100 home
00:40:03.620 no
00:40:04.320 no
00:40:04.480 no
00:40:04.760 it's
00:40:05.260 that
00:40:05.400 Donald
00:40:05.660 Trump
00:40:06.000 didn't
00:40:06.340 let
00:40:06.580 enough
00:40:06.920 illegal
00:40:07.340 aliens
00:40:07.940 in
00:40:08.280 so
00:40:09.000 they
00:40:09.160 could
00:40:09.280 have
00:40:09.520 jobs
00:40:10.100 so
00:40:11.600 we
00:40:12.220 we're
00:40:12.800 not
00:40:13.220 we're
00:40:14.020 not
00:40:14.200 getting
00:40:14.500 products
00:40:15.520 built
00:40:15.860 because
00:40:16.240 we
00:40:16.800 don't
00:40:17.020 have
00:40:17.280 enough
00:40:17.500 illegals
00:40:17.920 coming
00:40:18.180 across
00:40:18.560 the
00:40:18.740 border
00:40:18.920 because
00:40:19.180 of
00:40:19.320 Donald
00:40:19.520 Trump
00:40:19.800 that's
00:40:20.980 the
00:40:21.120 kind
00:40:21.300 of
00:40:21.420 stuff
00:40:21.640 that
00:40:21.800 leads
00:40:22.040 you
00:40:22.180 into
00:40:22.380 Weimar
00:40:22.700 because
00:40:24.940 it's
00:40:25.140 a
00:40:25.240 sickness
00:40:25.480 it's
00:40:25.920 a
00:40:26.240 mental
00:40:26.520 disorder
00:40:26.980 it
00:40:27.200 really
00:40:27.440 is
00:40:27.700 it's
00:40:27.860 a
00:40:28.040 mental
00:40:28.340 disorder
00:40:28.840 you
00:40:29.600 are
00:40:29.760 so
00:40:30.040 far
00:40:30.380 from
00:40:30.640 reality
00:40:31.160 you
00:40:31.900 are
00:40:32.100 either
00:40:32.540 you're
00:40:33.280 either
00:40:33.480 sick
00:40:33.920 you're
00:40:34.400 so
00:40:34.640 deluded
00:40:35.260 yourself
00:40:35.840 that
00:40:36.300 you're
00:40:36.640 you're
00:40:37.260 sick
00:40:37.580 or
00:40:38.700 you know
00:40:39.040 exactly
00:40:39.460 what
00:40:39.700 you're
00:40:39.840 doing
00:40:40.120 and
00:40:40.580 you're
00:40:40.940 part
00:40:41.340 of
00:40:41.420 the
00:40:41.520 problem
00:40:41.860 which
00:40:42.980 is
00:40:43.120 it
00:40:43.260 Chuck
00:40:43.500 because
00:40:44.420 it's
00:40:44.580 only
00:40:44.740 two
00:40:45.060 with
00:40:45.840 Chuck
00:40:46.080 I
00:40:46.200 think
00:40:46.320 it's
00:40:46.480 both
00:40:46.740 I
00:40:46.920 mean
00:40:47.020 to
00:40:47.100 be
00:40:47.240 fair
00:40:47.520 I
00:40:47.880 think
00:40:48.080 he's
00:40:48.340 both
00:40:48.720 sick
00:40:49.040 and
00:40:49.240 part
00:40:49.420 of
00:40:49.500 the
00:40:49.600 problem
00:40:49.900 so
00:40:56.520 it's
00:40:57.440 a
00:40:57.560 massive
00:40:58.200 problem
00:40:59.100 and
00:40:59.980 I
00:41:01.360 don't
00:41:01.500 think
00:41:01.680 the
00:41:01.860 American
00:41:02.140 people
00:41:02.520 necessarily
00:41:03.120 have
00:41:03.700 felt
00:41:04.340 any
00:41:05.120 of
00:41:05.340 this
00:41:05.540 pain
00:41:05.960 yet
00:41:06.280 right
00:41:06.580 we're
00:41:06.780 still
00:41:07.140 when
00:41:07.580 you
00:41:07.740 rush
00:41:08.840 sugar
00:41:09.280 into
00:41:09.500 an
00:41:09.680 economy
00:41:10.000 like
00:41:10.300 this
00:41:10.540 right
00:41:10.780 you
00:41:10.940 can
00:41:11.400 of
00:41:11.580 course
00:41:11.960 you
00:41:13.540 can
00:41:13.700 have
00:41:14.020 some
00:41:14.380 positive
00:41:14.880 early
00:41:15.280 effects
00:41:15.660 from
00:41:15.880 it
00:41:16.000 right
00:41:16.220 everyone
00:41:17.080 knows
00:41:17.460 that
00:41:17.580 you
00:41:17.660 can
00:41:17.860 quote
00:41:18.240 unquote
00:41:18.940 add
00:41:19.320 jobs
00:41:19.780 if
00:41:19.980 you
00:41:20.100 just
00:41:20.260 start
00:41:20.460 paying
00:41:20.700 people
00:41:20.960 $50,000
00:41:21.600 just
00:41:21.880 on
00:41:22.020 their
00:41:22.180 couch
00:41:22.500 right
00:41:22.740 in
00:41:22.900 theory
00:41:23.260 like
00:41:23.560 you
00:41:23.700 could
00:41:26.520 money
00:41:26.940 we
00:41:27.500 also
00:41:27.740 know
00:41:27.920 that
00:41:28.060 that's
00:41:28.280 not
00:41:28.460 a
00:41:28.600 sustainable
00:41:29.060 long-term
00:41:29.720 way
00:41:30.820 of
00:41:30.980 doing
00:41:31.160 business
00:41:31.640 and
00:41:32.160 when
00:41:32.240 you
00:41:32.300 have
00:41:32.440 multiple
00:41:33.100 trillions
00:41:34.040 of
00:41:34.340 dollars
00:41:34.660 going
00:41:34.940 out
00:41:35.140 the
00:41:35.300 door
00:41:35.520 in
00:41:36.160 multiple
00:41:36.620 bills
00:41:37.160 I
00:41:37.360 mean
00:41:37.460 not
00:41:37.620 even
00:41:37.780 just
00:41:37.940 one
00:41:38.180 of
00:41:38.300 them
00:41:39.000 at
00:41:39.320 least
00:41:39.840 three
00:41:40.400 giant
00:41:42.040 bills
00:41:42.540 that are
00:41:42.940 just
00:41:43.100 going
00:41:43.260 to
00:41:43.400 spend
00:41:43.660 on
00:41:44.620 the
00:41:44.760 back
00:41:45.200 of
00:41:45.460 a
00:41:45.580 year
00:41:45.800 where
00:41:45.960 we
00:41:46.080 already
00:41:46.360 spent
00:41:46.740 $10
00:41:47.760 trillion
00:41:48.160 dollars
00:41:48.680 you're
00:41:49.620 I
00:41:50.360 mean
00:41:50.580 it's
00:41:51.560 going
00:41:51.680 to
00:41:51.840 test
00:41:52.080 everything
00:41:52.480 we
00:41:52.680 ever
00:41:52.860 thought
00:41:53.080 as
00:41:53.220 conservatives
00:41:53.660 right
00:41:54.020 all
00:41:54.520 this
00:41:54.680 time
00:41:54.860 we
00:41:55.020 were
00:41:55.120 like
00:41:55.260 eventually
00:41:55.680 this
00:41:55.900 is
00:41:56.020 going
00:41:56.100 to
00:41:56.180 catch
00:41:56.360 up
00:41:56.520 to
00:41:56.660 us
00:41:56.860 I
00:41:57.220 mean
00:41:57.420 I
00:41:57.580 don't
00:41:57.680 know
00:41:57.820 how
00:41:58.060 this
00:41:59.180 isn't
00:41:59.400 going
00:41:59.520 to
00:41:59.600 happen
00:41:59.900 it's
00:42:01.000 here
00:42:01.220 it's
00:42:01.640 here
00:42:01.860 it's
00:42:02.540 here
00:42:02.760 and
00:42:03.100 they're
00:42:03.360 only
00:42:03.660 doubling
00:42:04.000 down
00:42:04.380 let me
00:42:04.740 give
00:42:04.880 you
00:42:04.980 one
00:42:05.200 more
00:42:05.400 thing
00:42:05.640 this
00:42:05.860 is
00:42:05.980 from
00:42:06.160 Stanley
00:42:06.720 Druckenmiller
00:42:08.180 he's
00:42:09.200 one
00:42:09.400 of
00:42:09.500 the
00:42:09.680 big
00:42:09.960 investment
00:42:11.820 titans
00:42:12.660 in
00:42:12.960 America
00:42:13.400 and
00:42:14.440 he
00:42:14.700 came
00:42:14.980 out
00:42:15.220 yesterday
00:42:15.620 on
00:42:15.880 CNBC
00:42:16.500 and
00:42:16.740 he
00:42:16.820 said
00:42:17.000 I
00:42:17.220 can't
00:42:17.600 find
00:42:17.880 any
00:42:18.260 period
00:42:18.700 in
00:42:18.920 history
00:42:19.320 where
00:42:20.020 monetary
00:42:20.580 and
00:42:20.940 fiscal
00:42:21.300 policy
00:42:21.940 were
00:42:22.260 this
00:42:22.680 out
00:42:23.020 of
00:42:23.200 step
00:42:23.660 with
00:42:24.240 the
00:42:24.440 economic
00:42:24.900 circumstances
00:42:25.760 not
00:42:26.620 one
00:42:27.360 he
00:42:29.440 says
00:42:29.860 the
00:42:30.060 Fed
00:42:30.340 has
00:42:30.540 continued
00:42:30.980 its
00:42:31.260 policies
00:42:31.720 to
00:42:31.940 help
00:42:32.140 underwrite
00:42:32.680 the
00:42:32.880 spending
00:42:33.360 bid
00:42:33.740 in
00:42:34.120 Congress
00:42:34.620 which
00:42:35.200 has
00:42:35.360 allowed
00:42:35.660 more
00:42:35.900 than
00:42:36.100 five
00:42:36.620 trillion
00:42:37.280 dollars
00:42:37.640 in
00:42:37.920 stimulus
00:42:38.420 and
00:42:38.760 is
00:42:38.940 contemplating
00:42:39.540 trillions
00:42:40.080 more
00:42:40.680 in
00:42:41.360 infrastructure
00:42:41.880 related
00:42:42.300 spending
00:42:42.940 over
00:42:43.880 the
00:42:44.100 long
00:42:44.400 haul
00:42:44.800 he
00:42:45.020 said
00:42:45.400 the
00:42:46.080 policies
00:42:46.620 and
00:42:46.880 heavy
00:42:47.280 debts
00:42:47.700 and
00:42:47.960 deficits
00:42:48.480 they
00:42:48.780 support
00:42:49.180 will
00:42:49.420 threaten
00:42:49.760 the
00:42:49.980 dollar
00:42:50.240 standing
00:42:50.800 as
00:42:51.040 the
00:42:51.200 world's
00:42:51.600 reserve
00:42:51.920 currency
00:42:52.460 that
00:42:53.120 status
00:42:53.600 means
00:42:54.000 the
00:42:54.200 dollar
00:42:54.460 is
00:42:54.640 accepted
00:42:55.020 for
00:42:55.260 transactions
00:42:55.880 and
00:42:56.580 as
00:42:56.760 a
00:42:56.940 store
00:42:57.140 of
00:42:57.300 wealth
00:42:57.540 anywhere
00:42:58.180 and
00:42:58.880 is
00:42:59.040 widely
00:42:59.500 held
00:42:59.900 by
00:43:00.140 central
00:43:00.500 banks
00:43:00.800 around
00:43:01.060 the
00:43:01.220 world
00:43:01.500 if
00:43:02.260 they
00:43:02.440 want
00:43:02.780 to
00:43:03.860 do
00:43:04.120 all
00:43:04.480 of
00:43:04.620 this
00:43:04.940 and
00:43:05.420 risk
00:43:05.800 our
00:43:06.000 reserve
00:43:06.360 currency
00:43:06.900 status
00:43:07.440 risk
00:43:08.220 an
00:43:08.540 asset
00:43:09.160 bubble
00:43:09.700 blowing
00:43:10.120 up
00:43:10.380 so
00:43:10.620 be
00:43:10.860 it
00:43:11.060 but
00:43:11.480 I
00:43:11.620 think
00:43:11.800 we
00:43:11.960 at
00:43:12.160 least
00:43:12.640 ought
00:43:12.920 to
00:43:13.040 have
00:43:13.220 a
00:43:13.360 conversation
00:43:13.980 about
00:43:14.720 what
00:43:14.980 all
00:43:15.240 of
00:43:15.380 this
00:43:15.560 means
00:43:16.000 if
00:43:16.640 we're
00:43:16.800 going
00:43:16.940 to
00:43:17.100 monetize
00:43:17.680 our
00:43:17.880 debt
00:43:18.260 we're
00:43:18.680 going
00:43:18.780 to
00:43:18.900 enable
00:43:19.260 more
00:43:19.720 and
00:43:19.920 more
00:43:20.180 of
00:43:20.360 this
00:43:20.540 spending
00:43:20.980 and
00:43:22.200 it
00:43:22.340 looks
00:43:22.600 like
00:43:22.860 we
00:43:23.040 are
00:43:23.360 I'm
00:43:24.160 worried
00:43:24.620 that
00:43:24.980 for
00:43:25.100 the
00:43:25.280 first
00:43:25.560 time
00:43:25.900 within
00:43:26.160 15
00:43:26.800 years
00:43:27.280 we're
00:43:28.140 going
00:43:28.320 to
00:43:28.460 lose
00:43:28.760 the
00:43:28.940 world's
00:43:29.880 reserve
00:43:30.260 currency
00:43:30.760 status
00:43:31.340 and
00:43:32.320 of
00:43:32.520 course
00:43:32.860 all
00:43:33.300 of
00:43:33.460 the
00:43:33.660 unbelievable
00:43:34.440 benefits
00:43:35.300 that
00:43:35.920 have
00:43:36.400 screwed
00:43:37.000 with
00:43:37.440 it
00:43:37.680 people
00:43:38.720 don't
00:43:39.300 understand
00:43:40.240 why
00:43:41.480 world
00:43:42.020 reserve
00:43:42.480 currency
00:43:43.300 status
00:43:43.840 is so
00:43:44.580 important
00:43:45.160 we
00:43:46.180 become
00:43:46.900 Mexico
00:43:47.920 the
00:43:48.880 day
00:43:49.240 we
00:43:49.500 lose
00:43:49.880 that
00:43:50.260 na
00:43:50.860 na
00:43:51.240 na
00:43:51.540 na
00:43:52.380 na
00:43:52.420 na
00:43:53.160 na
00:43:53.580 na
00:43:54.160 Thank you.