The Glenn Beck Program - Best of The Program ｜ Guests： Ken Paxton & Brian Riedl ｜ 1⧸27⧸21

00:00:00.000 still i'd have to say uh the glenn beck program may have been the best glenn beck program

00:00:04.860 of all time yeah well that's the reason why we call today's show the big show and it really did

00:00:10.300 pan out very very very big yeah uh steve days was on with us yeah ken paxton was on uh we talked a

00:00:17.760 little bit about money printing talked a lot about the great reset uh the the world economic forum

00:00:23.880 actually did a tweet thread addressing me and what i said on this program yesterday which seeing

00:00:30.160 they're over in davos with all these world leaders you'd think that would be low on their priority list

00:00:35.500 unless what i'm saying is hitting a little too close to home you'll hear it all and so much more

00:00:42.040 including how many masks does it take to be able to completely protect yourself from covid and don't

00:00:52.840 forget uh tonight glenn's got a special um you want to make sure that you do not miss that it

00:00:57.940 starts it the whole night i mean look i mean there's lots of stuff all day that's great but

00:01:01.600 let me start you at 8 p.m eastern with stew does america followed by glenn uh tv that's all coming

00:01:07.360 up tonight you can subscribe at blaze tv.com slash glenn the promo code is glenn you'll save 30 bucks and

00:01:12.100 you can always get a lot of our stuff i think yours is on youtube tonight right glenn yep yep mine's on

00:01:15.400 youtube as well my my channel uh is at studios america uh or glenn back here actually it's on the

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00:01:26.400 slash glenn save 30 percent here's a podcast

00:01:28.540 you're listening to the best of the glenn back program

00:01:39.220 two weeks ago on tv we talked about government and private industry coming together in the

00:01:49.040 biden administration they're just getting started every time you open a closet at the biden white

00:01:55.440 house there's another special interest skeleton that tumbles out tonight we're gonna take a look

00:02:00.000 at the major stakeholders who have their tentacles all over this white house the new biden administration

00:02:06.420 already showing america the natural end result that comes from decades of being dominated by special

00:02:13.380 interest groups eventually you get government that at the top is so beholden to these groups

00:02:19.380 you can call them stakeholders the stakeholders have vested interest in the actions and policies

00:02:25.480 of the government financial interest ideological interest often both these stakeholders always take

00:02:32.420 priority over you and me tonight i'll show you the stakeholders in this new stakeholder capitalism

00:02:39.200 and the biden administration what they want who they're working with inside the biden administration

00:02:45.400 9 p.m eastern on blaze tv.com and blaze tv youtube 9 p.m eastern blaze tv.com or blaze tv youtube

00:02:57.080 we have ken paxton with us um he is the uh 51st attorney general of uh texas he has uh fought

00:03:06.880 and won many of the cases against um barack obama's administration and they've just posted their first

00:03:15.520 victory on the biden administration the first one to bring a lawsuit and within six days texas has

00:03:22.980 halted uh biden's illegal deportation freeze joining us now is ken paxton hi ken how are you

00:03:30.000 i'm doing well good morning it's been a fast start hasn't it uh it is breathtaking how quickly things are

00:03:36.480 changing uh and and quite honestly we were talking about it in the break a little frightening um it

00:03:42.480 is i agree it is frightening it's it's i've never i don't think it's ever happened this fast i mean i

00:03:47.280 think uh biden is off to the fastest start of any president and just issuing executive orders and

00:03:53.620 changing sort of what we had going yeah he had a uh he's had a record of i think 38 uh which just

00:04:01.680 smashes all the other records of uh executive orders he's signing more today this one uh they

00:04:08.540 are going to preserve i don't know what that means exactly i fear i do i've read agenda 2030

00:04:14.680 preserve 30 percent of all federal land by 2030

00:04:19.560 i don't that's not good i don't know exactly what that means but that doesn't sound good yeah it

00:04:25.800 doesn't sound good first let's talk about the win that you had um tell me about the lawsuit

00:04:30.900 and and what it means so we had a an agreement that we signed with the department of homeland

00:04:38.060 security recently that said that if they were going to change major immigration policies that

00:04:42.160 we were going to be provided uh notice um and so obviously the executive order that came out that

00:04:49.780 ended all deportations and the invitation for people to cross the border

00:04:53.720 uh didn't meet those uh those requirements and so we filed a lawsuit on uh president biden's third

00:05:00.800 day and we challenged that executive order not just based on that agreement but also based on the fact

00:05:06.140 that federal law requires him to do certain things that he has said now he will not do and so we argue

00:05:13.980 that he violated federal law and his constitutional duty to enforce the law that now exists and so what did

00:05:20.440 the judge say so the judge basically gave us we were asking for a preliminary injunction a temporary injunction

00:05:27.200 first uh we're going to seek a permanent injunction next and we did that because we had to show that there

00:05:33.160 was harm to the state of texas if this went forward while we were litigating the merits of the case so we

00:05:38.540 haven't won the merits of the case we've merely made a good argument showing that we will suffer irreparable harm

00:05:44.460 as a state if this goes forward and it wasn't hard for us to show that given that we already have

00:05:50.460 a mass of people coming up from the southern border essentially have covet that potentially have other

00:05:56.380 communicable diseases that potentially are criminals and that will cost the state of texas billions of

00:06:02.320 dollars and so that harm was not hard to show in my opinion so how are you going to argue for

00:06:09.680 permanent uh especially with the way this administration is moving where social justice

00:06:18.880 uh outweighs everything well it's it's going to be pretty much the same argument it just to say we

00:06:27.040 are going to suffer damage we need time to to have this question answered as to whether the president is

00:06:32.740 violating federal law by stopping the you know the implementation of what is federal law

00:06:39.660 is it can he do that and and the the argument that we need uh time or we will be harmed still it's

00:06:47.620 exact same argument just that we need longer to decide the merits of the case so but but but wait

00:06:52.400 what i'm saying is if if you're arguing and uh you know biden this is all changing now we're not

00:07:00.160 talking about rule of law anymore we're talking about uh social justice outweighing absolutely everything

00:07:06.220 if they um if they win and he can just say we're not going to do any of that a isn't that what they've

00:07:16.420 already done with with uh you know we're not going to enforce you know busts on pot so haven't they

00:07:23.900 already done that and if they do uh codify this in the courts then doesn't this make him in some

00:07:32.100 ways a dictator to where he could just administratively do whatever the president

00:07:36.380 can not just biden but any president could just do whatever they want and it never has to go through

00:07:41.400 legislation no you've you've hit the nail on the head and it it means literally that congress becomes

00:07:48.180 almost irrelevant the courts become not so relevant and the states that are supposed to have all these

00:07:54.120 powers reserved to them that are not specifically granted to the federal government also lose their

00:07:59.320 power it does become a real focus on one person having all of the power which clearly was not what

00:08:06.160 our framers intended so ken i've talked to other attorney generals uh around the country and they are

00:08:16.060 as just as concerned as i am and i i'm i'm wondering i know many of them are all working together to

00:08:23.520 try to stop this onslaught um but is there is there any conversation about a a sanctuary state

00:08:32.100 of of not secession or anything like that but just saying this state will not violate the bill of rights

00:08:41.640 and the constitution and if you try to do these things that are unconstitutional this is a safe haven

00:08:49.740 a sanctuary state for rights you know it's interesting that conversation has not come up

00:08:57.340 among the ag specifically but i was at a conference with technology leaders around the country

00:09:02.220 and and most of them were actually pointing to that by saying they were either considering or they

00:09:09.580 were on their way or they had already moved to texas or florida because they felt like those were states

00:09:14.860 that they could go and be safe and that that this the risk in the states that they're in is is

00:09:20.480 becoming untenable for them and they're trying to find a safe haven where they will be where their

00:09:25.300 rights will be respected and they will have continuing opportunities to work and i mean how do we do that

00:09:31.840 they are already talking about you know if you're depersoned that you won't what was it the head of

00:09:38.720 mastercard said yesterday we don't have to do business with just anybody meaning if we don't

00:09:45.400 if we don't like the business that they're in we can just say we're not doing business with them

00:09:51.180 anymore and this is a growing trend and when it comes to businesses like mine or for anybody that is

00:09:58.340 unpopular uh this is extraordinarily dangerous it are the states will texas stand behind

00:10:06.520 the universal god-given rights that we have always stood with we will in my office you know i'm part

00:10:16.380 of you know i'm part of the entire state i'm not the entire state but we will at my office that's why

00:10:20.800 we are now investigating the five companies that were related to the parlor de-platforming because

00:10:27.560 we want to understand how can how are they doing this how do they have the authority to just de-platform

00:10:32.940 a whole company because they disagree with their their views or they disagree with the people that

00:10:37.180 they allow to speak are you and the governor having conversations at all about critical race theory to

00:10:44.860 make sure that's not being taught in our schools well i haven't had those conversations that's not an

00:10:52.000 area that i can do much about as attorney general unless there's some specific violation of law my job is

00:10:58.940 to enforce whatever laws we have so i always have to look for my way of getting into court well we

00:11:04.880 can't we can't teach discrimination in schools can we no but that that would be a probably if they

00:11:12.520 were teaching discrimination law school law uh in schools that would be a probably a lawsuit by an

00:11:19.820 aggrieved party a student a parent who said hey i i you can't do this in this school and then it becomes

00:11:28.400 under your purview well so then if the school asks me to represent them and i think they're wrong i

00:11:34.580 say no i can i'm not representing you this is a legitimate lawsuit and and you need to be accountable

00:11:39.620 for doing the right thing okay do you have any advice for what the average person should be doing

00:11:44.920 right now in their state absolutely i think they should be speaking out i think that the the more

00:11:50.680 voices that are speaking out because what is going to happen my concern is you know they go after the

00:11:54.740 president and people don't say anything if we if we keep quiet right now if people are afraid to speak

00:12:00.920 which i see some of this i see some of this with you know some of my fellow ag's i see this in a lot

00:12:06.700 of circles that people are afraid that if they speak out they'll be deplatformed or they'll be canceled so

00:12:12.520 if we if we don't all speak out if we don't address these election issues in states where there was

00:12:18.940 you know they weren't following their their own laws we have to address that now or it will be

00:12:24.480 too late they will come and deplatform all of us and if you think you're going to hide from that

00:12:29.060 you're not going to hide from it they may get to somebody else first but unless we're all working

00:12:34.380 together it's going to be a problem ken thank you very much yeah thank you for thanks for staying on

00:12:42.020 top of things and thank the governor for us as well we are counting on uh our state reps and our

00:12:49.000 governor and you to stand and fight the good fight against this onslaught that is coming uh our way

00:12:56.280 quickly i'll say this glenn if texas doesn't fight if we are in the middle of this fight um i don't think

00:13:03.160 we have much hope i think it's texas has to be in the fight texas has got to i mean i've i've talked to

00:13:10.020 sheriffs and they've said if i have to deputize every single citizen in my county so they have

00:13:16.640 the right to carry a gun we're not backing we're not backing down it's got texas must i mean it's

00:13:24.020 really sad i talked to christy noem and i'm like you know i'm a little embarrassed texas should be

00:13:28.520 knocking you into the dust right now uh we need to be texas we need to stand and be very clear and be

00:13:37.000 a leader for freedom supposed to be the alamo thank you very much appreciate it ken paxton

00:13:45.160 attorney general of texas the best of the blenbeck program

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00:14:56.220 so 15 an hour why only 15 an hour i mean it's like the masks you know well if one mask is good

00:15:05.200 two masks is better why not three why not seven why not 25 uh same thing with with uh minimum wage why

00:15:13.420 why shouldn't the minimum wage be something really living and maybe you know something that includes like

00:15:18.760 where you could buy a house maybe like 60 000 a year i mean why don't we just do that why stop at

00:15:26.060 15 uh brian riedel is uh with us he's the senior fellow of the manhattan institute he's a guy who 0.89

00:15:33.880 doesn't care who's in office republicans or democrats uh he uh he points out both of them suck when it

00:15:42.380 comes to actually living by the budget uh and we wanted to talk to him about the 15 wage and also

00:15:48.080 uh how long can we last at these kind of spending uh limits uh we go to brian now hi brian how are you

00:15:54.540 i'm great glenn how are you very good by the way i forgot to mention you were also uh one of the

00:15:59.800 uh researchers and co-authors of the book broke which was fantastic i at least they tell me

00:16:06.340 it was a great book i was honored to have helped in my own little way yeah thanks brian okay so brian

00:16:14.040 let's talk about the 15 uh dollar uh wage what will that do to the nation well you know the

00:16:22.780 congressional budget office said that even if we did it gradually during an economic boom it would

00:16:28.960 cost between 1.3 and 3.7 million jobs instead they're talking about doing it during a recession

00:16:36.300 which means you're going to lose even more but that's not even the worst of it they would also

00:16:41.420 raise the tipped minimum wage you know what waiters and waitresses make from 213 to 15 dollars

00:16:48.640 so think of what restaurants are going through right now restaurants are going through their

00:16:55.340 worst crisis in history millions have gone under many others are on the brink of bankruptcy and the

00:17:01.880 solution in the stimulus bill is to increase their minimum wage by 600 percent i mean it is economic

00:17:09.220 malpractice so brian explain to people who don't who don't understand you know these big companies they

00:17:16.680 can afford 15 an hour explain why this cancels their jobs because not only can not all big companies

00:17:26.200 can afford it you know profit margins aren't that big and especially small businesses really often

00:17:32.620 cannot afford it especially in low-cost places like mississippi and puerto rico you know they tried

00:17:39.800 raising the minimum wage really high in puerto rico about 15 years ago and it cost something like 40

00:17:44.820 percent unemployment oh my god but here's another point even if companies can afford it it doesn't

00:17:51.400 mean they will because you know companies aren't charities if they're going to take a loss on on an

00:17:58.040 employee if that employee is only worth ten dollars an hour they're not going to pay them 15 even if

00:18:03.800 they can afford it what they're going to do is switch to automation and that's why the higher the

00:18:08.680 minimum wage goes the more likely it is that you're going to walk into a taco bell and go up to a

00:18:14.080 little machine and press a lot of buttons in order to get your big mac i mean it was the old the old

00:18:19.440 automat or the old uh what is it automatic i think was the uh restaurant up in new york where you didn't

00:18:26.680 have anybody waiting on you back in the 1930s now there's no one behind the machine to stuff the food

00:18:32.540 in now it will just be a machine and we would call that progress anywhere else but because it's going

00:18:41.300 to put people out of work now it's good it's going to be devastating to the economy especially

00:18:46.780 when you have truck drivers who are going to be the first on the block when automated trucks are

00:18:52.280 everywhere on the highway and that's part of the plan you know andrew yang has been saying we need

00:18:57.280 universal basic income for all the jobs lost to automation well they're speeding up the shift to

00:19:02.980 automation by by essentially banning all jobs that don't pay 15 an hour you're going to put a lot of

00:19:10.020 people out of work then we're just we're going to have to spend a trillion dollars on their on their

00:19:14.220 universal basic income payment so you're going to end up paying for that too so there's there were

00:19:19.000 there are places like in new york city and not today there are places in new york city with 15

00:19:23.160 an hour would be reasonable um you know you you've got to you've got to pay higher if you're living in

00:19:31.040 in new york city um but there are also places all over the country where 15 an hour is

00:19:38.100 quite a haul yeah this is why 15 is crazy for a national number it's not sensitive to local

00:19:45.940 economies and local conditions you know seattle and san francisco can afford it much easier than

00:19:53.000 places like again mississippi or puerto rico where prices are are lower wages are lower you know the

00:19:59.180 in mississippi the average manufacturing job doesn't even pay 15 an hour you know forget fast food

00:20:05.440 even even you know a manufacturing job doesn't pay that and that's why i think that the better

00:20:11.260 solution is to leave minimum wage up to the states some states have been raising their minimum wage some

00:20:17.480 cities have been raising their minimum wage other cities and states with lower costs haven't because

00:20:22.740 the local the local elected officials understand a little better the local economic conditions and needs

00:20:29.360 a 15 national floor is is is bonkers coming out of washington tell me about seattle because the

00:20:37.480 initial response was this is going to put the restaurants out of business what has happened to seattle since they

00:20:43.360 put this in seattle uh it has done a 15 wage and it it has slowed down employment certainly it hasn't

00:20:51.380 caused an epic crash in the state um but the the employment growth over the last couple years

00:20:57.440 certainly slowed down there has been somewhat of a shift to automation even the trade-off exists in

00:21:04.740 seattle um it hasn't caused a crash but but there has been a definite uh slowdown in the growth of

00:21:11.560 low of a lot of the jobs that are affected by the minimum wage so we have according to president

00:21:17.740 uh biden now a 11 trillion dollars in new spending over the uh uh decade they're no longer looking for

00:21:27.060 the offsets um he's saying that three trillion in new taxes uh will help offset that um

00:21:35.040 i mean we're just we're printing money right i mean we're really on the modern monetary theory at

00:21:43.020 this point right without calling it that we are in fact last year when we ran a 3.3 trillion dollar

00:21:49.060 deficit two-thirds of that was funded by the federal reserve was funded by the printing press so we are

00:21:54.520 we are printing money we're not taxing it we're not even really borrowing it we're funding it out of

00:21:59.660 the printing press right and you're right i mean but what biden has proposed is 11 trillion dollars

00:22:05.460 in new spending over the decade you know to put that in context john kerry proposed two trillion over

00:22:12.220 the decade no for obama proposed one trillion hillary clinton proposed two trillion then biden proposed

00:22:19.180 11 trillion which shows that although biden ran as a moderate today's democratic party has shifted so

00:22:27.140 far to the left that 11 trillion dollars sounded like a moderate it's a huge amount and by the way

00:22:33.380 that 11 trillion that's on top of the baseline deficits of about 15 trillion dollars over the

00:22:40.000 decade so really biden would have a total deficits of about 26 trillion over the decade

00:22:45.780 is that number optimistic too brian i mean does that reflect reality even 26 trillion uh it's

00:22:52.100 optimistic in that those numbers were before the recession wow and and also assumes no interest rate

00:22:59.620 hikes exactly these numbers the scary thing about all these numbers is they assume interest rates

00:23:05.680 stay low forever and let me tell you if interest rates rise one point higher than the congressional

00:23:12.580 budget office assumes that would add 30 trillion over 30 years oh my gosh oh my gosh okay so wow um

00:23:22.240 you know people say this is not weimar it's not zimbabwe and it's not yet do we you know it wasn't

00:23:31.740 weimar until a certain point and then it was like oh my gosh and it's too late any idea when it becomes

00:23:41.940 too late i mean we are headed correct me if i'm wrong we're headed for a zimbabwe or a or a weimar

00:23:49.720 if we don't stop this at some point right oh the trends are absolutely unsustainable i mean in total

00:23:56.880 uh the congressional budget office proposed 104 trillion dollars in deficits over the next 30 years

00:24:02.980 even before the recession even with low interest rates 104 trillion over 30 years you know you add in a

00:24:10.380 little interest rate increase you add in what we're going through right now you could be up to

00:24:13.900 150 trillion over 30 years okay so these numbers are so big it sounds like monopoly money and it will be

00:24:19.960 monopoly monopoly money at some point uh the system can't hold it up and that could be in five years

00:24:29.120 seven years ten years a lot of it really depends on the bond market if to the extent that the bond

00:24:35.540 market is lending washington money at some point they're going to say we're going to stop lending

00:24:40.280 you we don't think you're good for this this is ridiculous and you're going to have to pay us twice

00:24:45.220 as high of interest rates to compensate for the risk at that point you get into this vicious circle

00:24:50.740 where washington has to pay higher interest rates in order to attract lenders which only makes the

00:24:56.080 borrowing more which makes them even more nervous which requires even higher interest rates

00:25:00.280 at that point i think what happens is washington says okay forget finding lenders we're just going

00:25:06.480 to use the printing press and that's when you start looking like we're germany didn't we already kind

00:25:13.760 of hit this in some ways i mean i think it was over last summer or the summer before we offered bonds

00:25:20.080 and nobody took them in the then the fed just started buying them yeah in the short term we're facing

00:25:25.760 that right now because with deficits 3.3 trillion dollars last year could be even bigger this year

00:25:32.300 there just isn't enough people buying bonds to pay for that as a matter of fact the number of borrowing

00:25:38.360 we're getting internationally new borrowing has been pretty much zero um china and japan have have

00:25:44.100 not been buying our bonds at all and domestically there just isn't enough savers in order to pay for

00:25:49.780 all this so right now we're facing you know the printing press running it because we can't we can't find

00:25:55.440 three to four trillion dollars a year for for domestic people to lend to us now hopefully as the

00:26:01.280 recession ends the deficit goes down to only one or two trillion dollars a year i put only in air quotes

00:26:07.660 that'll be a little bit easier to finance but but it's not sustainable long term to keep borrowing

00:26:15.840 one two three trillion dollars a year have you seen what's happening in davos with the great reset

00:26:20.980 uh i'm trying yeah i know i know everybody's carrying such a heavy load um yesterday they

00:26:28.700 said all we need is 50 trillion dollars uh and we can we can do all these things 50 trillion

00:26:36.600 that sounds like where politics are right now you know a couple years ago uh i i wrote an article that

00:26:43.640 said the democrats proposals would cost 42 trillion over 10 years and people thought i was crazy

00:26:48.240 to use a number that big no one would ever propose that and now these numbers are old hat you know

00:26:54.180 green new deal uh medicare for all all of this stuff we were hearing 50 hundred trillion dollars

00:27:00.980 thrown around like they're nothing thank you so much uh brian i'd love to have you on again but uh

00:27:07.740 i need to take some medicine here before i talk to you again uh brian thank you so much i appreciate

00:27:14.260 it we'll talk again i i would like to go in a little further on what it means when the dollar

00:27:20.940 starts to lose its value and and who really gets hurt it's the people who always played by the rules

00:27:26.240 and people who have their money in a savings bank exactly uh all right brian thank you so much

00:27:32.380 appreciate it brian knows that stuff better than anybody i swear he's a great follow on twitter

00:27:37.820 at brian underscore riedel i believe it is r-i-e-d-l uh great place to go because he's got

00:27:43.080 this stuff and he's been saying it the whole time he was saying it every president going back even

00:27:47.380 through the years through trump all the whole time you know a lot of conservatives haven't focused on

00:27:52.020 the budget here and the debt for a while hopefully that's going to return here with biden as president

00:27:57.360 because it's really important that is i mean that is the one good thing about the biden administration

00:28:02.360 is at least conservatives will start paying attention to the debt again some people find their faith

00:28:06.160 this is the best of the glenn beck program and we really want to thank you for listening

00:28:13.740 i i i want to go over this game stop thing again okay when when the stock was at two dollars a share

00:28:29.300 right two dollars a share um these guys on reddit they decided that they were going to run this up

00:28:38.540 now if i did this on national radio it would be illegal uh you can't say hey everybody let's do this

00:28:45.640 but apparently on reddit you can yeah it's public usually public openly speaking about your opinion on

00:28:52.140 stock is fine um doing it in private venues is usually not fine and secondarily doing it fcc has

00:29:00.640 all sorts of laws about how you can do that correct and it's different so let's say you invested

00:29:05.240 in the two dollar stock when everybody was on on reddit they're like hey let's let's buy this up

00:29:11.620 and the guy the first he invested fifty thousand dollars yeah his life savings supposedly uh this guy

00:29:18.540 on reddit and then started talking about this uh theory which has proved to be very very accurate

00:29:23.740 uh so as of yesterday it was up to 15 million dollars it was worth however the stock has basically

00:29:30.720 doubled today so this is crazy it's insane it is craziness you know the the where you're putting

00:29:39.300 billionaire hedge fund investors out of business maybe shutting down there's rumors of bankruptcy of

00:29:44.900 this hedge fund if this happens i mean these guys are not going to be happy and they know a lot of

00:29:48.920 people but a few of these guys are going to get very very wealthy off of it i wonder what the

00:29:53.820 repercussions are going to be not just for them but when democrats start saying this can't happen

00:29:58.520 look at how bad capitalism is oh yeah that's around the corner too uh stew will have more on that

00:30:03.620 at eight o'clock eastern tonight on uh stew does game stop and tonight my wednesday night

00:30:11.020 special immediately follows 9 p.m eastern blaze tv

00:30:14.400 you

The Glenn Beck Program - January 27, 2021

Best of The Program ｜ Guests： Ken Paxton & Brian Riedl ｜ 1⧸27⧸21

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