The Glenn Beck Program - February 10, 2022


Best of the Program | Guests: Carol Roth & Stephen Soukup | 2⧸10⧸22


Episode Stats

Length

41 minutes

Words per Minute

155.1882

Word Count

6,440

Sentence Count

421

Hate Speech Sentences

5


Summary

Stephen Sukup is the Director of the Political Forum Institute and the author of the new book, The Dictatorship of Woke Capital: How Political Correctness Has Captured Big Business. He is also a frequent guest on the Blaze TV show and host of the Glenn Beck Radio Show.


Transcript

00:00:00.000 Great podcast today. Your economy and what is coming, really, what are our main thrust of
00:00:07.800 today's podcast? What do you do with inflation like we have today? How do you protect yourself?
00:00:13.820 How do you protect your family? What's really going on with the banking system and the Federal
00:00:20.480 Reserve? We talk about cryptocurrency and just about everything else. And then we switch to
00:00:27.900 space storms and space weather, something you will not hear anywhere else of why those 40
00:00:37.660 satellites just burned up. Elon Musk doesn't know about space weather. Don't buy that story. And
00:00:46.880 the TV shows that are must watches.
00:00:57.900 I want to introduce you to somebody that I just met over Skype last night. And I wish I would have
00:01:13.980 known him a long time ago. He could have set me straight a long time ago. He is the director of
00:01:18.240 the Political Forum Institute and the author of a book that came out last year, The Dictatorship of
00:01:24.000 Woke Capital, How Political Correctness Has Captured Big Business. His name is Stephen Sukup.
00:01:32.260 And Stephen, welcome to the radio program, the Glenn Beck program. How are you?
00:01:37.560 I'm well, Glenn. Thank you very much for having me.
00:01:39.720 You bet. Now, you were on with me last night and we talked for about 10 minutes. And I think there's
00:01:47.380 a lot for people to go back and watch the TV show on Blaze TV and get that. I want to start with the
00:01:53.480 number one question I get from people. Glenn, why would these big corporations do this and
00:02:00.560 sabotage capitalism? Can you answer that? I could try. Generally, when we're talking about
00:02:10.320 corporations that are going woke, that are embracing this cultural leftism, most of them are getting
00:02:16.120 pressure from one of three directions. They're either getting pressure from the bottom up, which is
00:02:20.560 employees who are interested in changing the politics of the corporation. They're getting pressure from
00:02:26.880 the top down, which would be from the C-suites. Disney, for example, when Bob Iger was the CEO, was
00:02:33.280 definitely moving in that direction because that's what Bob Iger wanted. And then companies also get
00:02:38.640 pressure from the outside in. This includes activist shareholders. It includes just general
00:02:43.780 activists. And it's all sorts of people who want to put pressure on these corporations to take a
00:02:48.340 political stance. So how many of them are really aware of ESG and what the World Economic Forum is going
00:02:58.920 to use these things for? How many of them are like, yeah, I'm on board with that?
00:03:05.480 Well, I think there's probably a bare minimum that are on board with it. But most of them are scared to death
00:03:11.720 to resist. They know what happened to Exxon last year, for example, when engine number one small hedge
00:03:19.540 fund decided to try and put environmentalists on their board of directors. What happened was all of
00:03:25.500 the large asset management firms, BlackRock and State Street and Vanguard, all threw their weight behind
00:03:30.580 the environmentalists and, in fact, replaced three of the company's directors with these radical
00:03:35.960 environmentalists who want the company to quit producing fossil fuels. So the leaders and the directors
00:03:43.920 of these companies understand that there are people out there who wield an awful lot of power and can do an
00:03:49.680 awful lot of things if they don't comply. So I think most of them are just complying simply to save their own
00:03:54.900 skins. Which would be, I mean, historically, that doesn't work out well. Because if you don't...
00:04:01.960 You don't stand up, you end up selling your soul, and you're like, oh my gosh, now I'm in real trouble.
00:04:08.460 Correct?
00:04:09.120 Right. Yeah. Yeah. That's, you know, in the book, I believe I refer to it as Churchill's crocodile
00:04:13.880 because of a phrase that Churchill said that, you know, it's, you feed the crocodile eventually,
00:04:19.240 you know, he waits to get you last, but he eventually gets to you.
00:04:22.560 Yeah. So last night we started talking about what people can do about it. And I have said,
00:04:29.180 move your money, one of the first things you can do, move your money out of these big banks that are
00:04:35.560 pushing ESG, move them into credit unions or local, local, local banks that keep their loans,
00:04:43.540 et cetera, et cetera, and are promising to stand against ESG, and are pouring money into your local
00:04:49.680 economy. That's an important thing. The states have got to pass anti-ESG financing laws,
00:04:57.520 and we've got 20 states that are working on that right now. But you said, you proposed another
00:05:04.720 idea that I hadn't thought about. And this one sounds really effective, and it goes right to
00:05:14.680 Vanguard or BlackRock, et cetera.
00:05:17.240 Yeah. If people are interested in stopping what's going on, then they need to be interested in where
00:05:25.440 their investments are, where their retirement savings is being invested, because the chances
00:05:30.580 are pretty good that it's being invested in companies like BlackRock, like Vanguard, like State
00:05:35.580 Street that are pushing this very political agenda. You know, one of the things that the states have done
00:05:41.340 is to take some of their funds, the funds that they have direct control over, and remove it from
00:05:47.000 BlackRock investment funds, because specifically, they don't want to allow BlackRock to use their
00:05:53.140 money to leverage Larry Fink's political goals. And that's the type of thing that you can try
00:05:58.320 to do on an individual level. Now, if you work for a big company with a big 401k plan that,
00:06:04.540 you know, is centered in, you know, a city a long ways from you, that you're not going to have
00:06:08.620 a whole lot of luck trying to get them to change their minds about where to put the 401k plan.
00:06:13.880 But the truth is, most Americans work for small businesses. Most Americans know their employer.
00:06:18.460 Most Americans have an opportunity to change how their retirement funds are being used.
00:06:26.140 And this is important for a couple of reasons. Not only does it stop or would help stop these
00:06:33.420 companies, once you take the money away from them, they're in trouble.
00:06:38.620 But the other thing is, if you look at BlackRock's philosophy, etc., etc., and all of these ESG
00:06:46.380 companies that are investing your money, they are not looking at profit anymore as the main driver.
00:06:53.680 In fact, they might take deals that are worse for you, but better for the environment and social
00:07:02.620 justice, etc., correct?
00:07:04.940 Yeah, that's absolutely true. You know, CalPERS, the California pension system,
00:07:10.380 the public pension system in California, was among the first large asset management firms
00:07:16.260 to go woke, to say, you know, this is something we're going to do. We're going to invest in ESG.
00:07:20.860 And their returns have consistently, over five, six, seven years, been two to three percent lower
00:07:27.740 than average market returns, which is to say that they're achieving their political goals while at
00:07:33.680 the same time punishing the firemen in Sacramento and the policemen in Encinito and, you know, all of
00:07:40.300 the public employees who are counting on this money for their retirement. They're getting them less
00:07:45.440 returns in order to push their political agendas.
00:07:48.660 So how does that work with fiduciary responsibility?
00:07:53.780 Well, they touch it. You know, Larry Fink just put out his annual letter to CEOs last week, and he
00:08:00.680 said, look, it is my fiduciary responsibility to find companies that are preparing for net zero
00:08:07.680 and are preparing for the climate that's going to be surrounding this transition in the way we produce
00:08:14.680 energy. And if I didn't do that, then I wouldn't be meeting my fiduciary responsibility. So he's
00:08:21.940 basically making up a new category of responsibility. And the sad thing is that the SEC and the Department
00:08:29.060 of Labor and all of these government agencies that are pushing ESG investments essentially are enabling
00:08:35.680 him to do so.
00:08:36.460 So if you are in any kind of index, like your money is with Vanguard, or what are the big ones? Vanguard,
00:08:45.520 Blackstone, BlackRock?
00:08:47.720 Right.
00:08:48.880 The big three generally are considered to be BlackRock, State Street, and Vanguard, who together
00:08:55.860 have just over $20 trillion in assets under management.
00:08:59.500 And so if you can, get it out of those three, because they're really leading the way for this.
00:09:08.560 Yeah, they are absolutely leading the way. And it doesn't matter to them whether you are invested
00:09:14.820 in an ESG fund. They will take any fund, any leverage they have, any money that they have to use
00:09:20.680 against companies and push their political agenda. It doesn't matter if it's ESG. As you mentioned
00:09:26.240 at the beginning of this interview, Larry Fink has decided that the most important investment
00:09:31.960 criteria for his firm to look at is sustainability. It's no longer pure profit. It's about
00:09:40.100 sustainability. So what they're doing is they're taking a different approach to the purpose of a
00:09:47.600 corporation, and it's going to cost people in their retirement.
00:09:50.380 And it's happening even at our Treasury. It's happening all over the world.
00:09:56.460 You know, the governments are doing the same thing. Well, it's not necessarily the best thing
00:10:03.040 in the short run for people or for, you know, even the economy. But it'll be better in the long run,
00:10:10.420 which I can't see how it is. Can you?
00:10:14.020 No, I absolutely cannot. And in fact, I think that Boris Johnson is going to find out
00:10:20.060 pretty quickly. They're going to end up with the new prime minister, and he's going to claim that
00:10:25.720 it was because he kept going to having Christmas parties. But the truth of the matter is that his
00:10:30.120 conservative transition to net zero in Great Britain has cost the British people an awful lot
00:10:35.720 with rising energy prices and an energy crisis. And this is what the future looks like in a net zero
00:10:42.040 environment. I can't understand why more people aren't concerned. I mean, I guess because they
00:10:48.780 just don't think it could ever happen here. But the direction we're running with all electric cars
00:10:56.260 being rolling out of the factories, all electric cars rolling out of the factories, even by 2030,
00:11:03.680 the death of the gasoline engine, the shutting down of coal plants, you know, the the fact that we're no
00:11:13.880 longer investing in any fossil fuels. This this is one of the worst. This will just cause misery and
00:11:22.740 death all over the world. You can't do that in eight years.
00:11:27.800 Right. Yeah. The only people who seem to acknowledge that at this point, the Chinese Communist
00:11:34.500 Party, who has said that it will do its best to transition, but it's not going to punish its people
00:11:40.880 for its transition to a zero carbon future, that it will do whatever it has to do to make sure that
00:11:49.040 its people have the energy it needs to continue to be economically productive.
00:11:53.360 You said last night and then I'll let you go. But you said last night that the left has tried
00:12:00.000 everything for the last hundred years and they've kind of captured everything. But this is the final
00:12:07.000 piece. They finally really understood it. Can you go through that?
00:12:11.500 Well, if you look at the history of the way the cultural institutions in the West have evolved over
00:12:18.460 the past hundred years, one by one, they've all fallen to what amounts to cultural leftism.
00:12:26.240 The only one that stood standing from about 1970 onward was was big business. And now big business,
00:12:32.780 obviously, is the is the final target. If big business falls, then there's no bulwark to stop
00:12:37.900 it. This is essentially the way our society becomes. This is, you know, they've captured every
00:12:44.040 institution of cultural transmission in the West. And, you know, this and that's pretty much the end
00:12:50.580 of it. Yeah. The way you phrased it last night is they tried with the Supreme Court. They they did
00:12:56.900 Hollywood. You know, they took education. They've taken this is it. This is the last piece. It's quite
00:13:04.600 fascinating. Thank you so much for being on. I hope we get a chance to talk again. Appreciate it. God
00:13:10.400 bless you. Bye. Thanks, John. You bet. That's Stephen Sukup, who is the author of a book came
00:13:17.240 out about a year and a half ago, the dictatorship of woke capital, how political correctness captured
00:13:23.360 big business. I really believe that this this was set into motion back in the 80s because of of Reagan.
00:13:32.760 And that was the whole thing about the Tides Foundation. We got to get and capture the board of
00:13:39.860 directors. And that is exactly like he said, these companies, some of them are afraid to go the other
00:13:46.820 direction because of the pressure. And they saw what happened to Exxon. How do you put three
00:13:54.440 environmentalist wackos on to the board of directors for Exxon that want Exxon to get out of the oil and
00:14:04.140 fossil fuel, but fuel business? You do it because the Tides Foundation worked and they have captured
00:14:11.880 and will continue to capture the board of every single big business, which is why it is so important.
00:14:18.900 Local, local, local. Don't support any of these big businesses. If you can do business locally.
00:14:27.980 This is the best of the Glenn Beck program.
00:14:35.940 We're talking to Carol Roth. Carol Blackrock, a company that most people a year ago had no idea
00:14:45.200 it even existed. Now more and more people know about it and it is trending on Twitter today.
00:14:51.900 This is a company that has just absorbed Barclays, JP Morgan. I mean, this is the powerhouse of hedge
00:15:02.140 funds now and really setting the pace for all of this horrible, wicked stuff that is happening with
00:15:08.380 ESG, et cetera. They're trending today. Is it because of their stance on crypto that is making them trend?
00:15:16.560 Yeah. So BlackRock, it's interesting. You're one of the biggest, most powerful companies in the world.
00:15:23.120 They are the biggest asset manager. They have around 10 trillion in assets under management
00:15:28.120 for their last report. And they have, well, they haven't announced, but it has been announced and
00:15:34.820 they're sort of shuffling around on whether it's true or not, that they are going to be getting into the
00:15:40.460 crypto trading business. So they have an online platform and they're going to allow their institutional
00:15:47.880 clients to trade crypto. And it sounds like potentially use it for lending. It was unclear
00:15:53.920 on whether they will be, their clients will be able to pledge crypto as collateral or whether they would
00:16:00.100 be able to get a loan to buy crypto or maybe both, but that's what's got Twitter.
00:16:04.540 Okay. So here's the problem. They are involved with every central bank in the West. I mean,
00:16:10.200 they are, they have $20 trillion of just central bank money that they control and invest. They are
00:16:16.980 now investing for the federal reserve, the federal reserve, the treasury, they have two heads of
00:16:23.160 their company, former heads of their company in with the treasury. One is another one is an advisor
00:16:28.820 for the president, the chief economic advisor. The other one is for the chief economic advisor for
00:16:33.100 the, for the vice president. So they're everywhere. The government is currently and the treasury going
00:16:39.220 after cryptocurrency. What, how, how does this make sense?
00:16:45.000 There's sort of the simple answer. And then there's sort of the hypothetical answer. The simple
00:16:50.400 answer is money that their institutional clients and they have, as I said, the most assets under
00:16:57.220 management in the world. If the institutional clients are demanding it, they don't want to risk
00:17:02.300 those clients going elsewhere. So if you know that they want to be part of the money play,
00:17:06.980 but I think that there's also something else going on and whether it's the government going after
00:17:12.980 cryptocurrency, whether it's potentially creating a digital dollar instead of an open source crypto
00:17:19.280 currency. If you are BlackRock right now, you are on the outside of crypto looking in, but if you all of a
00:17:26.760 sudden become a significant player, what does that give you? That gives you access to information and
00:17:32.420 information is power and information is money. And so they will have that really bird's eye view of
00:17:38.960 what's happening, what the demand is, who's trading and how it's being traded. And that could be very
00:17:44.080 instrumental in potentially helping to shape policy. So that would be, again, I don't, I have no
00:17:49.960 knowledge of this. Carol sort of going through the strategic, yeah, the strategic rumblings and
00:17:56.300 thinking that, you know, if I were, if I were interested in weighing in on this, I would certainly
00:18:01.280 want to have better access to information and what better access to information than if I control that
00:18:05.880 information. We're talking to Carol Roth, a former investment banker. She calls herself a recovering
00:18:12.020 investment banker and she cares deeply about our country and Main Street and the regular
00:18:19.900 person and trying to get the word out on what is coming. And I so appreciate you, Carol. I have
00:18:26.180 been giving the advice, get to a savings and loan or get to a local, local, local bank that keeps their
00:18:32.920 loans local and invests in the local community. Get away from anything ESG. A lot of people are,
00:18:41.420 you know, writing to me and going, Glenn, I, I mean, I don't know what I'm even looking for. I don't know
00:18:46.780 how to judge these banks. Can you help? Absolutely. Well, definitely everybody has a
00:18:52.900 different financial profile. So you need to make the decisions that are best for you based on your
00:18:58.000 goals, objectives, risk, all those kinds of things. But I also have been getting, since talking to you
00:19:04.100 and the fact that you're highlighting this in your book, The Great Reset, a lot of inquiries from people
00:19:09.100 saying, you know, I'm interested in staying away from these financial institutions that are very heavy
00:19:14.340 into ESG. I don't know how to research it. So I wrote a piece for The Blaze. And what you have to
00:19:19.800 understand is that there are a handful of institutions and individuals who are driving this. And there are a
00:19:24.880 whole bunch of others that are sort of jumping on the bandwagon and really have no idea what it means
00:19:29.820 either, but they want a virtue signal about it. If this is something that is important to a company, they are
00:19:36.100 going to advertise it because they think they're the good guys. They think that they're doing the right thing.
00:19:40.620 And they think that you care about this in the opposite way that you probably care about this.
00:19:45.360 So the best thing to do is to take a look first at their websites to see if they have any mentions
00:19:50.780 of ESG or other words that are like ESG, things like socially responsible investing or sustainable
00:19:58.520 investing. That becomes a clue. But a lot of companies don't update their websites that often.
00:20:04.420 So you're also going to want to do a quick internet search, look at press releases and look
00:20:10.680 at articles. And again, don't jump to conclusions, but use this to help to inform you how serious do
00:20:16.920 they seem about it. You can check their social media accounts. Is this something that they're
00:20:21.340 putting out on Twitter or Instagram or Facebook? Again, if it's really important to them, those are
00:20:27.220 the kinds of places they're going to want to be showing it off that they're a quote unquote great
00:20:30.980 citizen. And then you can also ask for their own financial institution annual report. You can ask
00:20:38.500 if they have an ESG report and you can ask their representatives, is this something that's important
00:20:44.520 to you as an organization? And if it hasn't made it down to the representatives again to say, oh, yes,
00:20:49.780 this is something that's important. It doesn't guarantee that it's not floating around somewhere,
00:20:53.700 but you know that it's not an important tenant. And frankly, I would advise people.
00:20:59.360 Hang on just a sec. I will tell you that we had, and I won't mention the bank, one of the big banks
00:21:06.940 that is a driver of this tell us a year ago, no, it's nothing. It's none of that. Really? So,
00:21:15.960 I mean, that's at the highest level who said, yes, we have it on our website. I mean, there's also a lot
00:21:24.700 of smoke and mirrors. So you really have to, you just have to use your gut on this.
00:21:30.240 Absolutely. And what I would say is we need to use our voices and make it, make it known because
00:21:35.060 again, corporations, um, tend to run in risk cycles. They think this is something that people
00:21:40.500 are interested in. Most of them have no idea what it even means. And so if they hear from more people,
00:21:45.340 they don't want it. That is going to impact their decision-making. So if you leave for this reason,
00:21:51.120 if you're comfortable to put your name on it, great. If not do it anonymously or do it as part
00:21:55.400 of a group, but you should be writing to banks and say, I pulled my money because I don't believe
00:22:00.600 in this. I believe you should be focused on financial centric decisions and all of this
00:22:04.700 other stuff is nonsense. So the more feedback that you can give, um, you know, I think the better
00:22:10.000 chance we have to stop it, stop it because you know, the virtue signaling only goes so far,
00:22:14.100 but at the end of the day, if it starts to impact profits, that's going to change things
00:22:18.340 that pretty substantial. Yeah. And I would tweet your letter. I would tweet your information
00:22:23.280 and I would come up with a hashtag, you know, whatever the bank is ESG. Uh, and so people can
00:22:30.940 follow it and others can join you. That will make them uncomfortable. And if they're not dedicated
00:22:37.440 to it, you're right. They will begin to fold. And I would even add, do hashtag no ESG, because if
00:22:45.140 they think that it's just ESG, they may think that you're actually pro it and you'll get a
00:22:49.280 conflation of people who are, but make it super clear. No ESG. Got it. Um, anything to say about
00:22:56.040 how you pick a bank or a credit union, credit union, the best place to put your money now?
00:23:03.480 I mean, again, it's very dependent on the individual. I mean, the great thing about a
00:23:08.100 credit union is that you are not just a customer, but when you take on an account,
00:23:12.480 you become a member. So you actually get a vote and a say on, on the direction of the business.
00:23:17.900 And that, you know, can be very important. The trade-off when you go to an institution like that
00:23:23.120 is that it may have a, um, less robust technical interface where it may have fewer products and
00:23:28.880 services. So you have to marry, what do you need to manage your finances with, you know, your,
00:23:35.320 your key values and find that right fit for you. The most important thing, if you're looking at,
00:23:40.700 you know, whether it's a local financial institution, a credit union is just to make
00:23:44.920 sure that you do have that insurance. And most of them do, um, a credit union is insured by a
00:23:50.260 different group than FDIC. It's a credit union administration, the NCUA, and they have the same
00:23:56.260 limits. It's, I think about $250,000 per account. So you want to make sure each account, uh, that you
00:24:02.920 have the high class problem, that it doesn't go over that limit. Um, but, uh, but you want to make
00:24:07.360 sure that they're insured and then you can look into their history to make sure that they don't
00:24:11.240 have, um, a large amount of, of loans that are in default because that's sort of a key indicator
00:24:16.380 of a bank that could potentially have problems or financial institution that could have problems.
00:24:20.920 I know with the new law after, uh, the 08 crash, they changed it. So the, the depositor is the,
00:24:30.000 is the last in the line to get their money. Okay. The bank can use those deposits to pay
00:24:35.200 everybody else off and you're the last in line because the government covers it. Um, is,
00:24:41.380 is that true with credit unions like banks? Do you know, you know, I don't have sort of the, um,
00:24:48.680 the ins and outs of that, but you know, the less complex the financial institution, um, you know,
00:24:55.420 the, the less you have to worry about sort of those lines, right. You know, if they're not doing
00:25:00.140 crazy things like derivatives and crazy loans and whatnot, um, you know, the, the more simple
00:25:06.120 and straightforward, you're the higher up in the pecking order you're going to end up being.
00:25:10.460 But the most important thing is that that money is insured, um, by the government, you know, at least
00:25:16.420 for the time being that still has, you know, some modicum of, uh, of help and, and should give you some
00:25:21.700 comfort. Um, the time you expect interest rates to start to move.
00:25:26.520 So there is a March meeting that's coming up and I think for the feds to keep credibility,
00:25:33.640 they probably have to do the first rate hike. Then there is a discussion on whether that is a
00:25:39.540 quarter of a basis point or half a basis point, which is a, or 25 basis points or 50 basis points,
00:25:45.080 which is a quarter of a percent or half a percent. Um, I think likely 25 basis points,
00:25:51.500 but it could be as much as, as 50. And then we'll have to look at their language to see how
00:25:56.500 they're going to telegraph it for the rest of the year. I mean, some people on a wall street at
00:26:01.060 this point are expecting maybe up to six hikes this year, which will really throw the, the stock
00:26:08.160 market and potentially the economy into jitters. I personally think they're between a rock and a
00:26:13.080 hard place because they don't want the interest rates to rise because of the interest that we have
00:26:17.920 to pay on our $30 trillion of national debt. I think they're going to do everything in their,
00:26:22.000 their power to maintain that credibility of doing something, but doing the least amount
00:26:26.760 possible. So I'm more on the camp of maybe three. If we have 5% interest rate, how much of our federal
00:26:35.580 budget goes to paying for that $30 trillion every month? So it's probably out of every dollar that you
00:26:43.740 give the government of about 30 cents of every dollar will go to servicing interest. If we get back
00:26:50.020 to a normalized interest rate of 5%, which is the whole reason, by the way, Glenn, why they have
00:26:55.080 depressed interest rates to this zero level for so long because they're running cover for the
00:27:01.000 government. Carol, thank you so much for all of your work and her article on banks. And she's written
00:27:08.140 a couple of articles. I'm going to be writing a lot more for blaze.com. How to research your bank's
00:27:13.800 ESG activity, the blaze.com. Her name is Carol Roth. You can find her at carolroth.com.
00:27:21.340 You can also find her book, the war on small business, wherever books are sold. Thank you,
00:27:27.240 Carol. Appreciate it.
00:27:31.800 The best of the Glenn Beck program.
00:27:43.800 Now I know nobody cares about the sun because the sun doesn't affect us at all. Global warming,
00:27:52.540 all of these things, solar flares, that's crazy people talk. Okay. Let me give you a story that
00:28:01.380 broke last week and I'll bet you, you didn't hear about it. SpaceX is feeling the pinch of that solar
00:28:10.860 threat this week. Now, when I first read this, I went, what solar threat this week, right? Yeah,
00:28:17.360 I didn't hear about it. The company expects to lose nearly a full launch worth of Starlink internet
00:28:24.600 satellites. Okay. So they launched like 49 of these last week, 40 fell to the earth in a fiery flame.
00:28:36.400 40. That seems kind of catastrophic, doesn't it? It's kind of like, eh, we got eight left.
00:28:47.060 Kind of a big deal. I didn't hear about it. You know, so many things going on. Well, here's what
00:28:55.500 happened. There was a solar storm. Now, Pat, how many times have we heard in our lifetimes? I'm 58 today,
00:29:04.200 right? Yes. 58 today. Happy birthday again. Thank you. I'm 58 today. Satellites have been going up
00:29:09.880 my whole entire life. Yours too. How many times have you heard about those solar flares causing
00:29:17.680 10 satellite, one satellite falling to a fiery death? I don't think I've ever heard. I don't think
00:29:25.360 I've ever heard it either. Maybe, maybe one, maybe I'm, I can't recall it, but I'd like to give my,
00:29:32.760 you know, memory, you know, or like this with 40. I just didn't hear about it. Um, and so 40 of them
00:29:39.540 falling seems kind of like a big deal, but these storms are not uncommon. Space weather experts
00:29:46.420 explained to CNBC and they're only expecting to worsen over the next few years because the sun
00:29:53.300 started a new 11 year solar cycle in December of 2019 and is now ramping to a solar maximum
00:30:01.560 that is expected to hit in 2025. Wow. Okay. Now, uh, the reason why solar storms have not been a big
00:30:12.020 deal is for the past three or four years, we've been at what we call a solar minimum.
00:30:18.460 Okay. So for the past three or four years, we've been at a solar minimum. Can you explain
00:30:25.740 the other 55 years of my life? Uh, what, what's happening about that? Notably the recent solar
00:30:35.640 minimum coincides with a massive spike in the number of satellites in low earth orbit,
00:30:41.400 about 4,000 small satellites have been launched in the past four years. A lot of these are commercial
00:30:47.780 ventures and they don't understand how significant space weather can affect satellites. I know I hear
00:30:56.540 this all the time from people who launch satellites, space weather. Why didn't somebody tell me about
00:31:05.700 space weather, right? I mean, the people who are launching satellites, it's not like they do that
00:31:12.440 all the time. It's not like there's a lot of math involved. It's not like you're taking something out
00:31:19.920 of the earth's atmosphere and putting it in the way of direct space weather. I can see how Elon Musk
00:31:30.880 missed this. I mean, he's not a very bright dude when it comes to science, you know, and he's so busy
00:31:36.480 going to Mars that he probably hasn't even thought of space weather. You know what I mean? Right? Am I
00:31:44.540 right? Yeah, you're right. Yeah. Okay. So that's the story you'll get from the press. However,
00:31:50.940 I and my team are geeks, total and complete geeks about six years ago, maybe on this program. And I
00:32:04.520 have followed this because I've been fascinated by this theory my whole life. It's called polar shift.
00:32:12.400 And we talked about it about six years ago, the poles are moving, and it happens every 12,000 years.
00:32:21.660 Well, the good news is, we're not at 12,000. We're not close to 12,000. We're at 12,500.
00:32:29.080 Okay, so we're overdue for a polar shift. Now, there's two parts to this, and I'm only going to get
00:32:36.820 into one. The magnetic poles now are probably more like 10 o'clock and four o'clock. Okay, the magnetic
00:32:45.960 poles. We don't really know for sure what happens and when the tipping point is, but they basically
00:32:56.920 just go. And when they hit this tipping point, then the South Pole is was the North Pole and the North
00:33:05.200 Pole is now the South Pole. Or maybe the West Pole is now the South Pole and the and the East Pole
00:33:14.920 is now the North Pole. We don't know for sure what's going to happen. We just know kind of a big deal.
00:33:22.600 Okay. Yeah, because it's the magnetic force that protects the earth from the sun. Exactly right. So
00:33:29.420 how could a small solar storm when these satellites are all built? Well, except for the ones Elon must
00:33:41.260 make because he just doesn't understand space. They're all built to withstand storms that are a
00:33:48.900 thousand times stronger. Okay. And we're going to have those storms soon. We have in the past,
00:33:56.600 it's normal. We will have storms that are five hundred, eight hundred, a thousand times more powerful
00:34:05.040 than this. The reason why is because our magnetic field, because our poles are changing, is so weakened
00:34:13.940 now that those storms are coming all the way through and coming and hitting the low earth orbit
00:34:22.800 where our magnetic field had those things bouncing off before. So I've had this theory for a while.
00:34:32.980 Now, this is where it gets this is where it becomes Glenn weirdo Glenn stuff. Okay, this isn't we are no
00:34:40.940 longer talking science. And I know that's what you come for on this show. Deep, deep science.
00:34:48.640 But I have said for how long, Pat, that when what we have expected comes, you know, this global new world
00:35:01.920 order. How are you going to solve this? And I have said for at least a decade. I think it's going to be
00:35:11.540 solve the way that God solved the Tower of Babel. What happened at the Tower of Babel? Tower of Babel,
00:35:24.560 the elites got together and said, let's build a tower to the sky. Actually, they said, let's make bricks
00:35:30.580 and build a tower that will reach the sky. And the bricks, God makes stones, meaning individuals.
00:35:38.200 Everybody is different. Dictators, authoritarianism, the other people make everyone exactly the same.
00:35:46.460 You will comply. You will believe this. You will say this and only this. You become a brick.
00:35:53.660 So when Nimrod said, we're going to build a tower to the sky, what he meant was when he said,
00:36:00.320 we're going to make bricks. We're going to make everybody exactly the same and they will tow the line,
00:36:04.120 basically slaves. And then we're going to take those people and they're going to build this tower
00:36:09.160 to the sky and we will be all powerful. Okay. So if you know about oral history, if you have a good
00:36:19.960 rabbi, oral history will tell you, Jewish oral history will tell you that there are many faces of
00:36:27.240 God, the angry, vengeful God, the compassionate God. And I don't know the one that wants candy. I
00:36:33.380 don't know. But, um, the, the one that came down for the power of tower of Babel is the compassionate
00:36:40.260 God. He wasn't mad at the people. He was compassionate. He saw what was happening to them.
00:36:46.920 And so what did he do to destroy the power of Babel? What did he do? He confused their language
00:36:56.720 so they couldn't understand one another anymore. And I thought to myself about 10 years ago,
00:37:05.500 as I'm thinking, how are we going to get past what is coming? I thought, you know, our language
00:37:12.720 is not English. Man's language now is ones and zeros.
00:37:22.560 Massive solar storms work as EMPs.
00:37:29.020 You lose just, I mean, let's just talk about the satellites. You just lose our satellites,
00:37:34.760 our low earth satellites. I think GPS satellites are low earth. They now have to, because our poles
00:37:41.080 are changing so fast, they now have, they usually, I think were changed every 10 years or five
00:37:46.160 years. And now they have to be changed every year because the poles are changing. So the
00:37:52.000 GPS is off. And so they have to constantly change them now. Uh, when we start losing things
00:38:01.000 like GPS, when we start losing things just in space, let alone an EMP, our language of ones
00:38:09.020 and zeros doesn't work anymore. Do we understand each other anymore? Can our society, remember,
00:38:19.800 God said, if they can do this, they'll be able to do anything. We're now talking about artificial
00:38:28.100 life, man creating life, artificial life, artificial intelligence. The guys I know in Silicon Valley
00:38:38.500 believe artificial intelligence is life because they don't believe in the soul. They don't believe
00:38:44.260 in God. They don't, they, they believe that they are going to create life. If they can do that,
00:38:52.540 they can do anything. And almost anything and everything is being done now, all with ones and
00:38:59.980 zeros. When we get quantum computing up to speed, which is soon, soon, almost anything can be done.
00:39:08.920 I don't bring up the, the polar ship. I I'm really interested in the polar shift. I've,
00:39:17.800 I've been fascinated by it since I was a kid. Um, and I don't bring it up as a catastrophe. Oh my gosh,
00:39:24.400 we're all going to die. No, I mean, maybe, I mean, no, let me rephrase that. Yes. All of us do die in the
00:39:31.920 end. I think we die at different times. I hope so. Um, and not from, you know, solar flares or a polar
00:39:38.680 shift, but I, it is, I found it interesting that the first thing these solar rays are going to do
00:39:46.700 are start affecting our satellites. Cause I've never seen that before. At least like this,
00:39:53.800 our magnetic field is getting weak. This might be a really good thing. I mean, not for us,
00:40:01.200 but I mean, really good, good thing for humans and freedom. Right. Because when you look at the
00:40:10.480 oppression and the shutting down of people, uh, and how far advanced the governments are now as
00:40:20.280 compared to 70 years ago, when, when we had real oppressive regimes, this is Hitler's dream.
00:40:27.820 Yeah. Yeah. I just, I mean, they can do to China with a billion plus people. They know where everybody
00:40:34.160 is at all times. They, you know, the world economic forum says about the great reset. We will know
00:40:39.420 what you do, what you want to do, where you spend your money, where you spend your time,
00:40:45.980 what you think, and even what you dream about. You are taking humans, God's, you know, creation
00:40:56.260 that he wanted to be free and individual and you're taking them and you are controlling them in the most
00:41:04.480 evil way. I just don't think he stands for that. Yeah. And we've brought all the devices willingly
00:41:11.720 into our home that allows them to do all these, all these things. And the only thing that frees
00:41:16.960 people from that electronic cage is a global EMP. Yeah. Uh, all right. Just some interesting
00:41:25.240 thing that you, if you have a geek friend, you might want to share.
00:41:28.360 Na, na, na, na.