The Glenn Beck Program - July 28, 2022


Best of the Program | Guests: Ami Horowitz & Riley Moore | 7⧸28⧸22


Episode Stats

Length

40 minutes

Words per Minute

158.1801

Word Count

6,331

Sentence Count

16

Misogynist Sentences

1

Hate Speech Sentences

16


Summary

In this special bonus episode of the blendback program, we debunk a CNN article that claimed that the United States has a problem with white nationalist christian nationalist churches. We debunk the myth of the existence of white nationalist Christian churches, and take a deep dive into the history of the separation of church and state.


Transcript

00:00:00.000 hey today is a really special podcast um we not only tell you all about um what it what
00:00:06.900 washington is doing with their brilliant brilliant inflation reduction bill which used to be called
00:00:16.060 the build back better bill i mean how many times is that stupid thing gonna work where they just
00:00:20.080 change the name and move the chairs around um but anyway we tell you all about that inflation
00:00:25.760 is so important we talk also to riley moore he is the treasurer of west virginia leading the charge
00:00:33.540 against esg he made a special exclusive announcement on the program today named names on the banks
00:00:40.540 but also we start with um an expose on cnn it is something that you really don't want to miss
00:00:51.200 there's been a story that has been trending about white christian nationalist churches and you might
00:00:57.960 think cnn is just talking about some you know offshoot some weirdo church that we should know
00:01:02.400 about no no they claim that's all christian churches that don't say hey the more the merrier with
00:01:09.440 abortions and we're going to marry this man who thinks he's a frog to another man who thinks he's
00:01:17.040 a woman if you don't if you don't believe me uh just listen and it was an epic takedown it's part
00:01:24.580 one i did my research on this i wanted to make sure we had all of the facts the truth about american
00:01:31.980 uh religion american christianity and the history of our country epic takedown on today's podcast
00:01:40.140 brought to you by gold line um gold line would remind you have you seen the inflation numbers
00:01:46.260 have you seen the stores in germany the grocery stores look like east germany did if you're my
00:01:53.820 age you understand that reference if you don't understand it look it up inflation is bad and things
00:02:00.060 are going to get worse so when your dollar is being devalued what can you do to save your money
00:02:06.780 what can you do to protect it well one thing that is a hedge against inflation has always been
00:02:12.760 gold line it's diversifying gold line has a special i think this is really crazy um with every box of
00:02:20.360 500 of their new silver one ounce benjamin franklin rounds these are silver coins you'll receive the
00:02:26.380 quarter ounce gold version of the same thing for free gold line call them right now 866 gold line
00:02:34.440 866 gold line or gold line.com here's the podcast
00:02:38.500 you're listening to the best of the blend back program
00:02:50.000 all right so we're debunking the cnn article that america has a real problem because christianity
00:03:00.780 all the churches have been taken hostage and now they're white nationalist christian churches
00:03:05.640 so they have gone on to identify the three key beliefs associated with white christian
00:03:11.260 nationalists the first one is a belief the united states was founded as a christian nation
00:03:15.540 okay so we uh we told you about this and then the separation of church and state we showed you what
00:03:22.160 was being passed uh but i want to get real quickly here to what separation of church and state
00:03:27.180 actually means okay we have to go to thomas jefferson because he's the only one that said this
00:03:32.560 it was jefferson's firm position that the federal government had no authority to interfere with
00:03:39.260 limit regulate or prohibit public religious expressions a position he stated on many occasions
00:03:45.840 like this quote no power over the freedom of religion is delegated to the united states by the
00:03:52.900 constitution first amendment in the matter of religion i have considered considered that its free
00:03:59.300 exercise is placed by the constitution independent of the powers of the federal government quote our
00:04:07.380 excellent constitution has not placed our religious rights under the power of any public functionary
00:04:15.200 now none of these statements or other statements by jefferson contain even the slightest hint
00:04:20.340 that religion should be isolated or removed from public square or that the public square should be secularized
00:04:27.100 rather that the government could not limit or regulate any religious expressions so now
00:04:35.580 let's understand the concern here jefferson wrote about the separation of church and state
00:04:42.400 to people of faith who are saying i don't trust this government i don't trust we
00:04:47.880 they they will find a way to stop us jefferson replied to them january 1st 1802 assuring them that they had
00:04:57.360 nothing to fear quote the government would not meddle with your religious expression whether it occurs
00:05:04.240 in public or private quoting i contemplate with sovereign reverence that act of the whole american people
00:05:13.320 which declared in the first amendment that their legislature should quote make no law respecting an
00:05:20.480 establishment of religion or prohibiting the free exercise thereof thus building a wall of separation
00:05:26.760 between church and state so he was using that as a metaphor saying don't worry about it they're not
00:05:33.980 going to touch religion because they're not able to touch religion it is beyond their reach the exact
00:05:41.180 opposite of what the yale professor who is neither a theologian or a historian is saying in this
00:05:48.300 lovely cnn article let me move on there's more but you'll get it in our newsletter
00:05:54.380 well i gotta take a breath i mean i really hate completely blowing up cnn's first key belief of white
00:06:02.020 christian nationalists right at the beginning but you know maybe they're just ignorant or they're being
00:06:08.620 completely dishonest you'll have to figure out the article and ignorance goes on one of the most
00:06:14.280 popular beliefs writes cnn among white christian nationalists is that the u.s was founded as a
00:06:20.180 christian nation the founding fathers were all orthodox evangelical christians and that god has chosen
00:06:27.540 the u.s for a special role in history but the notion that the u.s was founded as a christian nation is bad
00:06:34.140 history and bad theology says philip gorsky the sociologist who is neither again a theologian
00:06:40.220 or a historian but he is the co-author of the flag and the cross white christian nationalism and the
00:06:47.040 threat to american democracy so it makes him authority on his opinion he says it's a half truth a mythological
00:06:54.800 version of american history so sayeth the yale sociology professor amen well since it didn't get any real
00:07:03.500 historians to comment for this article let me give you some very well documented footnotes and quotes
00:07:10.600 that are actually historically accurate on literally hundreds of occasions in the past two centuries
00:07:18.140 state and federal courts have routinely declared america as a christian nation for starters in a unanimous
00:07:25.420 decision in 1844 the u.s supreme court confirmed america as quote a christian country 1892 supreme
00:07:33.460 court did it again delivered a unanimous ruling declaring america is quote a christian nation in
00:07:40.560 1931 supreme court reaffirmed the same position for a third time stating we are quote a christian people
00:07:47.460 now i know you have no respect for the supreme court unless it agrees with you but that's what the
00:07:52.700 supreme court has said but maybe we can go for some presidents because presidents have all made comments
00:07:59.560 on this including john adams thomas jefferson john quincy adams john taylor zachary taylor james buchanan
00:08:05.140 abraham lincoln ulysses s grant william mckinley franklin delano roosevelt dwight eisenhower
00:08:12.580 uh richard nixon hey here's one from lyndon baines johnson that you'll like if you're a progressive
00:08:18.200 in these last 200 years we have guided the building of our nation and our society by those principles
00:08:25.940 and precepts brought to earth nearly 2 000 years ago on that first christmas oh and then if i may
00:08:35.520 quote america was born as a christian nation america was born to exemplify that devotion to the elements
00:08:44.180 of righteousness which are derived from the revelations of holy scripture who said that oh it gives me
00:08:52.920 great joy to say woodrow freaking wilson your god on the left but let's go back even further in our history
00:09:02.180 1606 virginia charter declared the colony was started for the propagation of christian religion to such
00:09:09.320 people as yet live in ignorance of the true knowledge and worship of god and jesus christ mayor
00:09:15.960 the mayflower mayflower compact of 1620 declared their endeavor was undertaken for the glory of god
00:09:22.000 and advancement of the christian faith 1629 charter of massachusetts bay colony declared that winning
00:09:28.060 the country to the knowledge and obedience of the only one true god and savior of mankind in the
00:09:32.740 christian faith is the principal end of this plantation or colony 1639 do i need to go on i mean i i can do
00:09:39.620 this all day long get it in the uh newsletter okay let me let me just give you one more supreme court
00:09:49.260 justice earl warren i believe no one can read history of our country without realizing the good book and
00:09:54.580 the spirit of the savior have from the beginning been our guiding geniuses whether we look at the
00:10:00.620 first charter of virginia or the charter of new england or the charter of massachusetts bay the
00:10:04.520 fundamental order of connecticut same objective is present a christian land governed by christian
00:10:10.440 principles congress has also said 1852 1853 when a group sought to complete secularization of the public
00:10:18.080 square house judiciary committee had the people during the revolution had a suspicion of any
00:10:23.220 attempt to war against christianity that revolution would have been strangled in its cradle at the time of
00:10:28.860 the adoption of the constitution and the amendments and the universal sentiment that it was christianity
00:10:33.520 that should be uh encouraged not any one sect or denomination in this age there could be no substitute
00:10:41.360 for christianity the judiciary committee we are christians not because the law demands it
00:10:46.460 not to gain exclusive benefits or to avoid legal disabilities but from choice and education and this
00:10:53.540 in a land is thus universally christian which uh is what to be is what is expected what is desired
00:11:01.460 and what we shall pay due regard to christianity uh house of representatives said the same thing now
00:11:08.720 they immediately on cnn counter with yeah but you really don't need to go any further i mean none of
00:11:17.880 virtually i'm quoting virtually none of the founding fathers could be classified as evangelical christians
00:11:23.300 really john adams signer of the declaration of independence the holy ghost carries with it the
00:11:29.720 whole christian system in this earth not a baptism not a marriage not a sacrament can be administered but
00:11:33.580 by through the holy ghost and authority religious blah blah blah samuel adams i reply i rely upon the
00:11:39.140 merits of jesus christ for a pardon of all my sins i conceive i can we cannot better express ourselves
00:11:45.560 than by humbly supplicating the supreme rule of the world and promoting the speedy bringing up of the
00:11:51.180 holy and happy period when the kingdoms of our lord and savior jesus christ mate do i need to go on
00:11:56.000 joshua bartlett signer of the declaration of independence i confess before god are a grave transgressions
00:12:01.700 and implore his pardon and forgiveness through the merits and meditation of jesus christ gunning bedford
00:12:06.300 signer of the uh the constitution uh to the tribune of god the father the son of the holy ghost be
00:12:11.520 ascribed all honor and dominion forevermore amen carl uh charles carroll signer of the declaration on
00:12:17.720 the mercy of my redeemer i rely for salvation and on his merits not the works i have done i hope that
00:12:26.320 through and by merits sufferings and meditation of my only savior and jesus christ i may be admitted
00:12:32.320 to the kingdom blah blah blah how about alexander hamilton if i wrap it maybe you'll hear it i have
00:12:38.260 a tender reliance on the mercy of the almighty through the merits of the lord jesus christ hamilton
00:12:44.320 also recommended the formation of what he titled the christian constitutional society and listed two
00:12:50.660 goals for its foundation first the support of the christian religion and second support of the
00:12:57.020 constitution john hancock hancock called on the state of massachusetts to pray that all nations may
00:13:04.760 bow down to the scepter of our lord and savior jesus christ john hart signer of the declaration i give
00:13:11.540 and recommend my soul to the hands of the almighty god who gave me my body uh to be here in the earth to
00:13:17.020 be buried in a decent and christian-like manner patrick henny henry being a christian is a character
00:13:23.300 which i prize far above all this world has or can boast samuel huntington signer of the declaration
00:13:29.920 it becomes a people publicly to supplicate the pardon that we must obtain forgiveness through the merits
00:13:36.640 and meditation of our lord savior jesus christ james madison you know the guy who wrote the constitution
00:13:43.320 and the signer of the of the constitution a watchful eye must be kept uh on ourselves lest
00:13:50.360 while we are building ideal monuments of renown and bliss here we might neglect to have our names
00:13:56.100 enrolled in the annals of heaven robert paine signer of the deck do i need to go on because i have
00:14:02.320 like 12 more you know what get them in the nine pages of footnotes that you can look up yourself
00:14:10.900 but the article goes on at cnn for evidence the united states was founded as a secular nation
00:14:18.200 look no further than the 1797 treaty of tripoli as an agreement the u.s negotiated with a country in
00:14:27.540 present-day libya to end the practice of pirates attacking american ships and it was ratified unanimously
00:14:34.240 by a senate still half filled with the signers of the constitution that declared
00:14:39.160 the government of the united states of america is not in any sense founded on a christian religion
00:14:45.780 now i want you to notice that little gotcha quote because it is a little quote in fact it has a
00:14:55.660 period where there is no period now is this seriously the only thing cnn has that they can say
00:15:03.000 separation of church and state which is absolutely the opposite of what they say it is
00:15:06.740 and then this one i mean i'm sure you know you've seen how people talk back those days
00:15:12.080 the gettysburg address was very short compared to how they spoke in george washington times they went
00:15:17.140 on and on and on it's like okay i got it you don't have a television so what's with the short sentence
00:15:23.460 do you think maybe cnn could have pulled this out of context
00:15:28.040 you're listening to the best of the glenbeck program
00:15:37.160 uh i want to switch topics here and i i want to give the uh give some time to ami horowitz who is a
00:15:51.300 good friend of ours he is a filmmaker and uh a documentarian um i think he started with the blaze
00:15:59.660 years ago um and i i don't know whoever was running the blaze at the time was an idiot
00:16:06.600 me uh and uh and allowed him to get away from us now he's over at prager university and i am so i'm a
00:16:14.020 big fan of dennis prager one of the best men uh alive today and what he's done at prager university
00:16:20.200 is fantastic and this particular film that uh ami has made is so important and it starts on the
00:16:29.440 streets of new york and he's talking to progressives who are going to a palestinian fundraiser at least
00:16:38.160 i i think that's what it was i'll get it from ami hello ami how are you i'm doing very well glenn
00:16:44.540 such a pleasure to talk to you my friend thank you thank you this is by the way great film
00:16:49.920 great film watched it this morning um so the um it starts out with the talking to liberals and
00:16:59.140 progressives in new york city that are also gay correct yeah actually it's it's san francisco
00:17:06.480 um and they are they are we specifically stopped gay people because and the reason we did it because
00:17:14.660 there is a this bizarre alliance between the gay community and the palestinians which on the
00:17:22.280 surface makes no sense right because they hold nothing in common value wise and so we asked them
00:17:29.280 we started by asking hey who do you support in the israeli-palestinian conflict and every single
00:17:35.000 person to a man said vocally vehemently we support the palestinians we hate israel that's how it begins
00:17:42.300 it was quite amazing to see how strong they were uh on that then you go over to to palestinian
00:17:52.540 territory and you start talking to the palestinians and the first thing you first person you talk to
00:17:59.800 is an imam tell me about that yeah this is a a very popular imam in ramallah a very influential imam in
00:18:09.120 ramallah and you know i asked him a variety of questions about gay people as you can imagine
00:18:13.420 most of the answers but the most shocking answer even for me as you can imagine i i don't get
00:18:18.620 shocked that often when i do these things i've done them for a long time and i i asked this one imam i go
00:18:23.600 look have you ever had a parishioner or somebody who you who prays in your mosque come up to you
00:18:28.580 quietly on the dl and say look you know i've got a gay son gay daughter what should i do he looks
00:18:33.620 and he goes yes i go what did you they should be killed just just like that that gives you a sense
00:18:40.480 of the positions of of the palestinians uh and these are the gay people and you could you can agree
00:18:47.240 disagree with in in the u.s gay marriage it doesn't matter we're talking about a different level
00:18:52.100 of of hatred true hatred of the gay community to the point where rape murder beatings are commonplace
00:19:03.400 they jail them they rape them it's commonplace in the pacific territories it's a whole different
00:19:09.360 level of evil that we're dealing with so you know because i i was so glad to see that you didn't
00:19:17.180 listen to the producer's advice um because you finish this interview and then you go out to do man
00:19:23.600 on the street and you've done man on the street everywhere all over the world and you come back
00:19:29.940 with what people really are saying on the street and tell me what the producer said to you
00:19:35.580 so and this is like this is shocking for me because as as as i'm sure some of your listeners have seen
00:19:41.480 my videos i've gone to crazy places i've interviewed crazy people then crazy man the street it's the first
00:19:47.420 time a producer goes look this issue is a very volatile issue volatile and even issues you normally
00:19:54.240 cover with and and it could degrade into violence if they understand what you're trying to do here
00:20:00.240 and uh it was already at the time kind of a dice situation between israel and the palestinians
00:20:05.800 it was in general not a great time but in this particular issue he really said listen you shouldn't
00:20:10.620 you we shouldn't do this but of course i did it anyways and again it was like it's a what i like
00:20:16.860 about man in the street it does give you a taste especially do a wide enough sample size of how
00:20:23.640 people feel on a particular topic whatever that particular group of people you're interviewing
00:20:27.880 could be university students it could be leftists um could be gay people in this case uh it was
00:20:33.820 regular palestinians on the street and and and again the yeah go ahead i want to make sure that i
00:20:41.600 that i clarify here you didn't cherry pick you just did random people and you didn't leave people
00:20:49.480 on the editing floor just to make it look different no i i never ever ever do that if if if it's not
00:20:58.100 no it'd be absolutely not and this is and this certainly was not the case the only time if somebody
00:21:04.080 ends up on the editing floor if there's a problem the sound they weren't clear they weren't particularly
00:21:09.220 interesting but when you see any video of mine particularly this one you know that this really
00:21:15.160 is the pulse of that community that i'm talking to the pulse the feelings of the people that we're
00:21:20.560 talking to and and now i i want to play i want to play a little bit of this video but it is in arabic
00:21:27.760 so i'm just going to read the uh the subtitles here i'll tell you what they're saying go ahead and
00:21:32.880 roll the video if we have it one of the great human rights paradoxes is the lgbtq
00:21:39.220 support for palestinians in the conflict with israel i went to the castro district in san francisco
00:21:45.520 to ask gay men and women about their views on the conflict do you tend to side more of one side
00:21:51.800 versus the other palestine we are here to support palestinians and give them a right to freedom and
00:21:55.900 the right to self-sovereignty and my ex-wife and i talked about it a lot that's quite frankly how i
00:22:01.100 learned more about it but it was really about like israel for being such bullies and i feel
00:22:05.960 uncomfortable being a gay person in israel just when i was visiting i was worried like about what
00:22:12.140 being attacked or something do you think most people most gay people tend to side more especially
00:22:18.960 younger people tend to side more than the palestinians versus the israelis in general on the
00:22:22.400 conflict um i would say yes 100 percent i'm ami horowitz in the palestinian territories there's not
00:22:29.000 much of a debate on gay marriage here the discussion is more about the killing and the
00:22:34.100 torturing of members of the lgbt community at the comments you are about to hear are representative
00:22:39.640 of the feelings of the vast majority of people that we came across that day
00:22:43.600 now they're saying gays are the source of the problem for the entire world they're causing a lot
00:22:51.940 of problems they're destroying our society yeah they cause problems it's unacceptable morally and
00:22:58.720 societally they are a disease anywhere they're found there is a weakness they are weakness for the
00:23:07.340 entire world stop it is these people you can tell ami are not saying this to be outrageous they're not
00:23:15.720 engaging in hyperbole this is a very calm cool and collected belief yeah they're a disease
00:23:22.220 i mean the the do i look you're a scholar you're a story you're a historian you're a history scholar
00:23:28.080 certainly a scholar of the rise of fascism and the rise of hitler these echo the same language
00:23:34.520 that hitler and the nazis used when it came to the jews yes very very very strikingly similar language
00:23:40.820 in words so you you have shown this to people now uh back here in america gay progressives and what do
00:23:52.140 they say so it's very interesting so the question becomes why right why do the what is the gate
00:23:59.480 what progressives in general but the gay community in particular tend to side with the palestinians
00:24:03.960 when they have nothing value-wise in common but there is actually one value they do hold in common
00:24:10.040 and this is the problem not just with the gay community but frankly i would argue with a lot
00:24:14.840 of minority communities around the world is that they share look they share victimhood they both feel
00:24:22.420 like victims and it shows you the power of that emotion which i think victimhood to me is one of the
00:24:28.800 most powerful and corrosive human emotions that exist because now you're able to say all of my problems
00:24:34.700 are my problems they're your problems you're my failure my issues are because of you not because
00:24:40.980 of me they share that sense of victimhood and oddly enough bizarrely enough that bond is stronger than
00:24:48.440 what their core values of human rights gay rights women's rights it's so bizarre and and israel has taken
00:24:55.460 the wrong approach and how to because israel has been vexed by this problem for years why could it how
00:25:00.840 could it be that the gay community support us in whole and they always gone positive and say look
00:25:05.800 how good we are to the gay community and the gays that they've actually they turned that argument
00:25:11.580 against israel and they've weaponized it against israel they create this this insidiously powerful
00:25:17.480 term called pinkwashing where they're saying you're washing your sins of the palestinians with our
00:25:22.920 gayness it's incredible how this thing is metastasized so the approach i took with the
00:25:29.760 need to go negative to say look the people are supporting this is what they think about you this
00:25:34.220 is what they're doing to you and and what was incredible was in this video at the end we did
00:25:41.160 thing we normally don't do the people we interviewed the beginning we brought them back at the end and we
00:25:46.900 said hey what they're the video becomes a reaction video and they're watching the video in real time
00:25:53.620 and we're filming it and their reactions are visceral they can't believe what they're watching
00:25:58.960 how these people are speaking about them and at the end i said how do you feel now about the conflict
00:26:03.840 we've changed our mind we have totally changed our mind and frankly this has been getting look we're at
00:26:09.320 we're this video is getting um traction in the gay community uh we've got a big piece that's gonna be
00:26:14.840 coming out uh uh soon in in one of the largest gay publication in the country and and this did an
00:26:20.360 hour and a half interview with this guy progressive and he said i i it blew me away i couldn't believe
00:26:26.240 what i was watching so and and this is the good the good news is glenn we can win all of these
00:26:31.860 arguments if we're just able to get our viewpoints across to them that's why they're trying to shut all
00:26:39.380 of us up because once we it's it's like i did today on religion in the true history of america and
00:26:46.400 against the cnn article um you know i i document exactly the opposite of what the they are claiming
00:26:55.020 and once you have the facts once you really know and you can verify things and you see firsthand
00:27:02.980 it changes uh and i contend just like cnn you're watching cnn you have no idea about what's really
00:27:12.000 going on with hunter biden but if they allowed that to be seen people will change on the hunter biden
00:27:19.140 thing same thing with you that's why they work so hard to shut us down it's not that we're extremist
00:27:25.960 it's that we're effective because the truth shall set you free and that's the beauty of where we are
00:27:34.900 technologically now that we're not beholden to the networks or even cable anymore now we have the
00:27:42.060 blaze creating an independent organization that could be accessed by anyone anywhere prager you
00:27:47.980 or or or or daily wire or all these individuals who are out there doing their thing it's democratized
00:27:54.900 the media in a large way and that's really what i think is going to save us is is the independence
00:28:00.660 of our thought now being unleashed from uh from linear television and from the newspapers yep
00:28:08.240 ami horowitz great great job on this um you can find the entire thing on uh prageru.com prageru.com
00:28:19.620 it is well worth your time i watched it at twice the speed uh you should probably spend a little
00:28:26.340 more time with it um but it is very effective and not shocking to you but i promise you will be
00:28:32.700 shocking to any liberal uh any progressive and especially the progressive homosexual they have
00:28:40.660 absolutely no idea what what the palestinians actually think of them you can find it now at
00:28:47.160 prageru.com thanks ami talk again thank you glenn you're listening to the best of the glenn beck
00:28:56.700 program welcome to the glenn beck program to riley moore he is west virginia's 25th state treasurer
00:29:11.380 was elected in 2020 uh and um he's one of the first guys to really buckle down and find a way
00:29:21.360 to try to stop esg and i got a very excited note uh from uh one of his uh compadres that said
00:29:29.960 he really wants to come on and make a uh uh and make an announcement on the show about the banking
00:29:36.920 institutions that the state of west virginia are no longer going to be doing uh business with
00:29:42.580 and uh so here he is and we are thrilled to have him how are you sir glenn i'm doing great
00:29:51.500 thanks so much for having me back so you have been working and i know other ags around the country are
00:29:59.220 working with you on their own states but you're the first to now start to make a list of people you're
00:30:05.940 not doing business with and last time you were on the show maybe a month or so ago you said that you
00:30:11.420 were making a list and you were writing all of the banks that were involved in esg and putting them on
00:30:18.040 notice and giving them time to respond so who responded and what happened so what we did was
00:30:27.220 take kind of a scope down approach to this for our first take on this and this was we wanted to deal
00:30:34.720 with what is our existential threat our near-term threats that we're dealing with to our tax dollars
00:30:40.420 and so we sent letters out to financial institutions that i'm either authorized to do business with or
00:30:46.940 i'm currently doing business with we sent letters to jp morgan chase coleman sachs wells fargo blackrock
00:30:54.540 morgan stanley and u.s bank and they all answered uh they all answered back now the great news here
00:31:02.460 that i really want to highlight is we put of those six five on the list because u.s bank changed their
00:31:12.300 policy to no longer boycott lending to the fossil fuel industry which is a huge deal fantastic they
00:31:22.200 they were doing esg and so they've are they dropping all of the s and the g or are they just dropping the e
00:31:30.040 do you know for right now what i know is that they're dropping the e and as a great president
00:31:38.120 once said we are going to trust but we're going to verify the actions that they're taking moving
00:31:44.400 forward now to be clear u.s bank uh has a very large contract with the state of west virginia
00:31:51.020 which i think helped pressurize that situation uh where they have an ach contract with us
00:31:57.620 uh that's about 20 billion dollars in transactions a year so we are certainly going to keep a close eye
00:32:05.000 on it but the rest of those folks blackrock morgan stanley jp morgan chase goldman sachs wells fargo
00:32:12.180 they are all on the list and the list is what we call the restricted financial institution list
00:32:18.480 they are barred from bidding on all contracts in the state of west virginia universities to the
00:32:25.400 department of health and human resources all of it no contracts with state government period unless they
00:32:32.060 change how much money are you talking about that they could lose well what's that pool like
00:32:40.080 yeah just with jp morgan chase they're currently at about 42.6 million dollars in business with us
00:32:51.000 but they're losing an opportunity because we contract out everything 18 billion dollars worth
00:32:57.820 of business every year which they can compete on since all the services are contracted out they're
00:33:04.720 going to lose the ability to contract on any of those dollars now wow um and now you haven't have you or have
00:33:14.180 you not started to look at the the actual funds your um your retirement funds etc etc the investments yeah
00:33:24.900 oh yes that is the next step in this process for us we had to do something as it related to
00:33:33.420 our tax dollars being weaponized against us because we were handing money over to financial institutions
00:33:41.220 where the tax dollars generated for the fossil fuel industry are being turned around trying to destroy
00:33:46.680 our industry so the next step in this process is looking at the pension funds we want to do proxy voting
00:33:54.760 we want to certainly look to where we can get into other asset managers this is just this is battle one
00:34:03.060 in a long war so tell the listener why proxy voting is so important you have all of this investment
00:34:11.100 and it goes out and you're now saying we keep the proxy votes why is that important oh it it gives us
00:34:21.360 back our voice in our vote you got to understand uh for your audience is that when we contract uh for instance
00:34:30.000 with say like a black rock or whoever it is for your pension fund in the contract it's written in that they
00:34:37.800 get the proxy votes and they control those proxy votes we don't want that anymore they're voting against our
00:34:45.960 our interests with our own money and states across america are looking at trying to reclaim their voice
00:34:53.200 and vote and push back against this nonsense that's been going on here in this country
00:34:57.660 i i have heard um because i i know a lot of people that are currently talking to some of these industry
00:35:07.120 leaders and they say you know privately we're pretty much being held hostage you know companies and not
00:35:14.620 necessarily exxon but companies like exxon which is the best example of those proxy votes being held by
00:35:21.220 black rock they have enough um uh weight to them now because they have so many pension funds that they
00:35:29.240 went into exxon and said you're replacing your two uh board members with two of our board members and
00:35:37.220 their greenies and they went from uh a plan of i think 20 percent expansion on oil to a reduction
00:35:47.040 of 20 percent just because of that proxy vote uh and i i i think uh go ahead
00:35:54.620 exactly and what people need to remember right now the situation that we're in as it relates to energy
00:36:02.920 prices food prices they have created this in part due to this coercive capitalism that is going on
00:36:12.100 where they're moving money away from oil exploration from gas exploration from coal mining
00:36:19.740 that's why energy is costs are up 14 percent which is really driving that cpi number of 9.1 percent
00:36:28.560 inflation that is the main driver in all this they have created this crisis and we're all paying for
00:36:34.780 it so let me ask you just a couple more things i'm sure they're not happy about this is anybody
00:36:43.020 threatening litigation is are you expecting anybody any blowback to your state um certainly there could
00:36:52.160 be litigation and we're going to see what happens there but you know what what i say is if that's what
00:36:57.620 they want to do bring it on uh we'll go through the process i know i'm right and we'll settle this
00:37:04.200 thing out and you know it'll be interesting to see what it looks like if you had to get into some
00:37:10.500 discovery and figure out how they're coming up with their processes i have to tell you i wish you were
00:37:16.780 the uh i wish you were the treasurer in um in pennsylvania and in texas they have a lot to lose in
00:37:24.240 their gas and oil industry uh and you are really leading the way so good for you thank you for that
00:37:29.960 one other uh question do you you have any comments about your senator's deal to reduce inflation
00:37:37.480 at all that you'd care to share well i did see that he's agreed to this uh democrat spending bill
00:37:46.540 and then i saw here recently inside that bill is a tax on coal i i gotta tell you that that's
00:37:54.080 disappointing and all i need to know is when you have al gore come out and support it i'm against it
00:38:01.220 um that guy is environmental fraud who's been running around now selling these lies for years
00:38:09.540 in lear jets flying around the globe so yeah it's true it it is disappointing
00:38:15.760 it's very disappointing um and i just i hate the trick that they always do you know
00:38:23.060 the patriot bill before it was called the patriot act uh was called something else and it didn't pass
00:38:28.960 and it didn't pass before 9-11 they changed the name and they wait for the uh they wait for the
00:38:35.080 crisis this one was the build back better bill and they've changed it to the uh inflation reduction
00:38:42.300 bill do you have any idea um uh riley how spending 700 billion dollars would reduce influence would
00:38:52.640 reduce uh inflation well it's the same way glenn is that how are we going to boycott fossil fuel
00:39:00.540 industries and reduce inflation this all adds to inflation spending that money raising taxes this
00:39:07.940 all contributes to inflation because a democrat has never seen a dollar that they don't want to spend
00:39:13.760 this isn't going to end up reducing the deficit or something like that this is all going to programs and a
00:39:19.240 lot of it is green energy programs which people need to remember three percent of the world's power
00:39:25.700 comes from wind and solar so why is it 97 of the conversation well like why do we talk about this
00:39:32.760 so much it's just not real uh riley thank you so much always good to talk to you that's riley more he
00:39:42.100 is the uh treasurer of the great state of west virginia and uh to all the other uh treasurers and
00:39:50.580 other uh attorney generals that are working hand in hand now to try to stop esg thank you and we have
00:39:58.720 you in our prayers
00:39:59.440 you