Best of the Program | Guests: Rep. Chris Stewart & Carol Roth | 3⧸28⧸22
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Summary
On this week's episode of The Glenn Beck Program, Glenn and Carol discuss President Biden's speech to the Soviet Union, the new proposed 20% tax on unrealized money, and why the gay marriage ban is a bad idea.
Transcript
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hey oh my goodness what a great episode on this episode stew discovers that he has a nephew and
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he adopts his six-year-old nephew and the laughs ensue and then we go on a trip to disneyland
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it's gonna be man it's a very special podcast um today actually we we start with uh president
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biden and do we agree do we see it the same way or you're kind of you're a little host i don't know
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if i'm going as far as you are as far as what they're attempting to do i know but i i think
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i'm with you i i the most innocuous uh description of these moments in the speech i i can't buy yeah
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i can't buy that yeah so uh there's an interesting uh paradigm that is being set up that we are at
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war and brace yourself for a very long war and i explain it right off the top uh then we also have
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carol roth with us to talk to us a little bit about what is happening with our economy and that new
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special tax that 20 tax of unrealized money oh that's great i can't wait yeah when you really
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understand what that is uh it's not just a tax it is anti-american and would just destroy
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uh what's left of any economy or free market also unconstitutional if you wanted to add that i
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don't know if anyone cares about that anymore but what is that all on today's podcast
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you're listening to the best of the glenn beck program
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okay so let's start with this wonderful wonderful speech that the president gave yesterday first of
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all or a day before he was in he was in uh poland and it was remarkable you could compare it to and it
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has been uh pope john paul and his speeches to poland and and jfk and ronald reagan and i think it's true
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i mean he really he really went right where everybody who is involved in this right where they live cut
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five please as a matter of economic security and national security for the survivability of the
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planet we all need to move as quickly as possible clean renewable energy and we'll work together to
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help to get that done that's great that's great uh oh yeah that's right he also was talking about
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ukraine and nato and what was happening uh with ukraine and i think what's great is what he ended it with
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now listen how awkward this is usually you leave on a happy note president biden decided not to here it
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is ukraine will never be a victory for russia for free people refused to live in a world of hopelessness
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and darkness we will have a different future a brighter future rooted in democracy and principles
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hope and light of decency and dignity and freedom and possibilities for god's sake
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this man cannot remain power okay all right so uh that was weird um apparently not in the speech
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i don't know if you can trust that or not but let me refresh your memory on the um gorbachev reagan
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speech while he was in berlin mr gorbachev tear down this wall that went back and forth with the state
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department he said i'm saying it no you're not yes i am no i'm not wait a minute it's like
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that bugs bunny routine uh he it was taken out of the speech three times it was not in the
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teleprompter and he knew right where he where he wanted to say it um and he wrote it it was him
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mr gorbachev tear down this wall now that was not a mr gorbachev somebody needs to overthrow you
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quite different but the state department was against that because it would cause all kinds of problems
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they thought and it did it did uh unfortunately for the soviet union not for the rest of the free
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world it freed the world now put i mean uh um this was it seems like an ad lib because you wouldn't
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have put that at the end of the speech but uh mr mental agility couldn't find a place to put that
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into the speech so just at the end he's like the whole time now think about this if it was an ad lib
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the whole time he's thinking this guy can't be in power this guy can't be in power and he can't find
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a place to put it in the speech so he just adds it to the end now is it possible that that's what he
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really thinks well let's remember joe biden is known for leading his staff he's known for whatever
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the policy is they're working on do you remember the uh homosexual marriage thing we know that the
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white house uh was working on a draft to announce you know they were for gay marriage yada yada and joe
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biden just came out on some weekend and went i'm always for gay marriage that's where we need to
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b and the white house was a little pissed remember that oh yeah okay so he's done that kind of thing
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several times where he leads the staff he leads he just blurts it out oh i mean this conflict was
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began around that whole situation where he said a minor incursion might not be that big of a deal
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right this is same type of moment right so if he's thinking this and this is an ad lib what does
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that mean now let me give you some let me give you some additional stuff there's a possibility
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he's just completely senile uh and that's a discussion we should have because if he's that out
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of control he should not be the president of the united states i honestly don't think that's it
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i think he has a different point of view and let me make let me make the case here first of all this
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strengthens putin horrible horrible idea horrible idea but also um in his framing he is also framing
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this as democracy versus autocracy this is a theme of his uh of his first year his nightmare year this
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is one of the first things that stood out to me in his first speech from the well of the senate when he
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told all of the people sitting there in uh in the capital that you were the people that made the world
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a better place that they were the people that got us through this pandemic not the american people
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the people in power and then he twice maybe three times questioned democracy versus autocracy
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so he's going for a bigger thing he's not going for the uh the putin getting out of ukraine
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he's going for something much much bigger case in point did you see the weird tweet that came out from
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his office he's not on twitter i don't even think he knows how to work the phone he's like the phone
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doesn't have that little grinder there on the side well my guess oh give me give me eight one thousand
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what um so i don't think he knows how to work any kind of uh any kind of phone sitting on the pot you
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know tweeting listen to this we are engaged in a new great battle for freedom a battle between democracy
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and autocracy between liberty and repression this battle will not be won in days or months either
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we need to steal ourselves for the long fight ahead wow wow what what does he see coming
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now blinken came out this weekend and said that's not what he means i suggest it is because what was the
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other problem uh what was the other thing that he said this weekend while he was over there he made
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several things uh that they had to walk back but they were all in exactly the same direction
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now with the ukrainian people ukrainian people have a lot of backbone they have a lot of guts and i'm sure
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you're observing it and i don't mean just the military which is we've been training since
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back when they uh russia moved into the uh in the southeast southeast um ukraine
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but also the average citizen look at how they're stepping up look at how they're stepping up
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and you're going to see when you're there and some of you have been there you're going to see you're
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going to see women young people standing standing in the middle of the front of a damn tank
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just saying i'm not leaving i'm holding my ground they're incredible all right okay they take a lot
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of inspiration from us and you know woman who just died the secretary of state used to have an
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expression she said we are the essential nation it sounds like a bit of a hyperbole but the truth of
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the matter is you are the organizing principle around which the rest of the world is the free
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world is moving okay stop there's a couple of there's three things here first of all let me
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take down the obvious kind of essential one going to his mind state um that woman that just died
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that would be madeline albright but he couldn't recall her name that woman who just died okay so that
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makes a case he doesn't know what the hell he's even talking about which is a conversation we should
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have but let's let's look at this as maybe he does know what he's talking about he just has no filter on
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it when he suggested that the troops that were stationed in poland that they would witness the bravery
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of the american people when you're there he immediately followed it with and a lot of you have already
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been there but that doesn't make sense now i dismiss this as an old man gaffe when i first heard this
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but this was one of the first big gaffes they had to walk back so i dismiss this as just ah well it's
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just an old man gaffe well doesn't that fit with he has to be removed and doesn't the the world
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looks to you the soldier you are the organizing principle that the world is being built around
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so i'd like to give the president the benefit of the doubt but if i'm on the opposing side
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if i'm advising putin because this is what they have to do what is this president even saying
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is he is he incompetent or is he revealing what they what their real intention is i would say
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if i were advising russia i don't i don't know mr president but i think that there is a pattern here
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just look at what his twitter feed said again it doesn't mean that he's not senile but my case to
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you is he's he's revealing the things that are coming and how do we know well those were all crazy
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off the cuff clips but they're all consistent for a bigger longer war
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all right maybe he's just thinking that himself but nobody else is then why would the white house
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tweet we are engaged in a new great battle for freedom a battle between democracy and autocracy
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between liberty and repression this battle will not be won in days or months either either we need to
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that's coming approved from the white house yesterday
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america we better decide a couple of things first of all is our president competent if he's making
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these kinds of mistakes and they truly are mistakes because he just is not a gaffe machine this is a very
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dangerous situation if he's not competent he should not be the president of the united states and i know what
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that means that means a world run by kamala harris god help us all but at least she would not make any
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sense and wouldn't be doing this stuff or are we being prepped for a war it seems to me when
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putin is talking about his first phase is done and everybody's looking for negotiations and putin seems to be
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looking for a way out of this this is exactly the wrong kind of language to use where is the white
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house saying it looks like putin may be done with the first phase as they said and it looks good maybe
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we have maybe we have a bright future with a very quick war that has come to an end where's that
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encouragement instead we need to steal ourselves for the long fight ahead i think this administration
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wants war i think they want a fight they just don't want to release it yet
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but that's what they're talking about in the white house and he's just blowing the cover that's my theory
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but it's either that or the guy is totally incompetent and saying things that are very dangerous that are
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not connected to any reality in the white house and that should stop
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this is the best of the glenn beck program and we really want to thank you for listening
00:15:48.840
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relief factor.com carol roth i got a lot to talk to you today but i want to start uh with this 20
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minimum uh income tax on people that make over a hundred million dollars a year hi carol
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hi glenn you know it's it's not even an income tax it's a quote-unquote wealth tax which is an idea
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that is so bad that nine countries in europe abandoned it i mean imagine an economic policy
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being so bad that europe's like yeah you know what we're out so didn't didn't uh france try this
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recently and it like all of their wealthy people moved away yeah the statistics were that between
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2000 and 2012 42 000 millionaires and up x had a mass exodus from france so basically drew all drove
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all the people out because you know if you have those means capital is mobile and you're not going
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to stick around when you have other options and that was the catalyst for them being another one of
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the countries that go you know what maybe this isn't such a great idea and even though there is a
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long tail on it they're still still collecting a little bit of revenue because it was grandfathered
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in i think around 2014 they said we're we're gone um now talk to me about so nobody has tried to move
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that number down i'm concerned always when they say it's only gonna hit these people taxes never do that
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in america no i mean anything that is targeted at the billionaires is really a ruse uh for them to
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get you to agree to it because oh why why would i care for it to affect the billionaires but really
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it's going to impact you and that is the ruse if you think about you know this being tied to
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individual income usually if you are an upper tier individual you have very sophisticated tax work
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you probably have trusts you may have shell corporations so i would imagine there's probably
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going to be some loopholes and go well it's not really an individual income it's a family trust or
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you know some way around it but now you've agreed to it and they're going to go well you know we put
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it in on this but we're going to move it down we're going to move it down you have to remember the
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biden administration wants to hire 87 000 new irs agents i mean that's not for going after the
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billionaires that's for coming after you so they not only want to do that they got the funding uh to do
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that in this in this last bill so the really dangerous thing um that is in this wealth tax
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is a tax on unrealized gains this is insanity absolute insanity can you explain it yeah so
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unrealized gains i would say it's not really a thing um we shouldn't normalize it it's really
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a ruse to have unlawful seizure of personal property so let's say you buy a house and you
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bought it for a hundred thousand dollars and then in your neighborhood another house sells for two
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hundred thousand dollars they're going to say well you know you've all the houses in the neighborhood
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are you know they're worth about the same so you have an unrealized gain of a hundred thousand
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dollars we're going to tax you on that so what do you do you have to sell your house to pay the taxes
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so take that analogy then and move it to the stock market most of these individuals who are wealthy
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are so on papers because they own big pieces of companies which the market has valued at higher
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and higher levels and so on paper their ownership looks big but if all of a sudden they have to now sell
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stakes in their companies that upends the entire market system it basically nationalizes or socializes
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companies it affects all of us through pensions and 401k because of supply and demand in the market
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if you have these big people who are selling massive shares of their company it's going to drive the
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prices down for everybody it's an utter total disaster it's unconstitutional and it's one of those things
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we have to push back on because like you said if you just say well it's just for the elon musks and
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jeff bezos is of the world you're accepting a breach in principle and then the game is over and it won't
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be i mean this is the way you know they're they're uh the great reset says by 2030 now think of this
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you have to get people out of ownership in what are we eight years eight years two elections you have to
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get people to own nothing this is a way to do it if you have unrealized uh uh taxes and on unrealized
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income meaning your house think about how much your house is worth today if you wanted to sell it uh
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knowing that tomorrow it could go down and you know you lose money if you didn't sell it you just don't
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know where the top and the bottom is of a market but if you have to sell your house to be able to pay
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the taxes for income that you didn't have it was all on paper you don't own houses you put a lot of
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people out of their house yeah and it's all based on theory unfortunately we already have something
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that's kind of close to that in property taxes yes this would just double and triple up on it but you
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it's anything you own i mean maybe your grandparent gave you an heirloom a painting that's now worth a
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bunch of money like what are you supposed to do oh it's worth a million dollars now i have to sell
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this family heirloom so i can pay taxes for what i mean this is the most un-american concept that you
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could possibly this is what caused robin hood i mean this is the kind of thing that was going on
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in the adventures of robin hood that's what the sheriff was doing he they were doing unreasonable
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taxes and then giving it to the state giving it to the king and all of the people that were in with
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the king i mean we are starting to live in nottingham yeah and the crazy thing that when any
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anyone talks about it an unrealized gain or this theoretical gain in value they never talk about
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the unrealized losses well what about you know something's gone down are you going to give it
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back to me of course that it never looks like that nobody nobody ever wants to socialize the losses
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they only want to participate in the gains it's a one-way street and again they use this is what
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happened by the way in venezuela they use this um you know kind of populist language and say oh you
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know these elites they own everything let us take it over let us take over business and you're all
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going to share in it and obviously they went from the fifth biggest economy in the world decades ago
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to the state that we all know that they're in today this is the way in and it is so dangerous i cannot
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even even make it emphatic enough it is it's truly amazing that the president is suggesting this and
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putting this in and this is something that the democrats would have been against you know 10 years ago
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the it shows how far left this president and this administration really has gone and the democrats
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have gone absolutely and even um you have somebody like janet yellen who's been an absolute disaster
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um at the fed and now at the treasury you know when this this idea first circled around she was going out
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and saying how great it was and trying to populate it and it got a lot of pushback and it kind of died for
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a little while and now you know holes are down so here it is again maybe we can distract everybody
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from you know all the other economic disasters and inflation and high gas prices by saying that
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we're going to go after the greedy billionaires and um you know hopefully again we will get that same
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kind of pushback and say this is unreasonable it's unconstitutional and it just cannot happen
00:24:51.280
all right so um let me switch topics you wrote a great article i think this came out last week
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esg advocates uh are killing the american dream can you just go in the middle of it you talk about
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a 60 minute uh piece uh where they're talking about uh or talking to the ceo of tricon residential
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and this is happening everywhere and nobody's really paying attention to it and it is so dangerous
00:25:21.680
this is so infuriating because these global elites who are pushing esg saying well we're doing this for
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the the good of society and that s that social piece you know we want to make things you know good for
00:25:35.900
everybody so these same banks and financial institutions who have bought into this idea that
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they're going to make decisions that are good for society are now funding companies that are competing
00:25:48.420
with you to buy houses we are underfund or excuse me we are underbuilt in this country by about four
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to five million houses depending on who you ask and so there's already a supply demand imbalance but now
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you've got these these big financial institutions that are backing um these folks you know like the ones
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that are quoted in the 60 minute piece and interviewed there as well as others that are publicly traded
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that are going in and buying 30 000 40 000 80 000 i saw one of them residential homes and they're going
00:26:20.960
in with all cash offers they're often waiving inspections sometimes they're not even looking
00:26:25.940
at the houses and so from a buyer's perspective you know here's here's we know what's going to close
00:26:31.540
it's all cash we don't have to go through any brain damage and they're just selling their houses to
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these corporations who are then renting it back to people who now can no longer afford a house have been
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priced out of the house and this goes back to that whole great reset playbook of you will own
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nothing and you will be happy except we know you won't be happy because owning a home is part of that
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wealth creation and part of that american dream so carol when do people do you think what is the tripwire
00:26:58.700
that wakes people up the average person because the average person still i think is saying this kind of
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stuff won't happen it you know it's it's germany in the 1930s okay yes but it's not going to get
00:27:12.040
any worse than this and if you keep moving the line uh to it can't get worse than this look look how
00:27:20.200
far we have come in 10 years when where is the pain point for the american people that's an excellent
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question i know you spend a lot of time on social media glad have you ever seen the distracted boyfriend
00:27:35.740
meme where you have the guy who's looking at a girl and his girlfriend's kind of like looking at
00:27:40.340
what's going on and it's you know very much everybody's looking at stuff that isn't important
00:27:45.820
and the stuff that's really important is that looking at you going why aren't you paying attention
00:27:50.000
to me and there's just so much nonsense out there that people are highly focused on that i think you
00:27:55.800
do such an incredible service um to the average american by bringing up these issues that nobody's
00:28:02.180
talking about you know i usually when the the tripwire happens is after it's too late you know after
00:28:08.940
it's affected so many people that you hit that tipping point that you're at the point of no
00:28:13.620
return and they go oh gosh i guess we should have paid or paid attention to this earlier um and you
00:28:19.240
know that that is the unfortunate thing and it's why it's so important to have these conversations
00:28:23.740
and for individuals to help spread the word i mean this this has to be a movement you have to be out
00:28:29.080
talking to your friends and to your family and to your neighbors about these things because it's
00:28:34.580
really getting out of control did you see is this true that the fed came out and said
00:28:40.480
the next four uh um increases on interest rates will be 50 basis points each a rise of of two percent
00:28:51.640
i certainly saw that they were entertaining it as a possibility i don't think that it was a hundred
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percent set in stone but they are are more open um to that which basically says uh-oh we are really
00:29:07.080
behind the curve and we need to play catch-up which and as we've talked about has implications yeah
00:29:13.020
because that is how much how much is the increase for each point just for our federal budget
00:29:19.980
so basically it is tied into pushes up the 10-year yields the 10-year yields already trading up it
00:29:28.880
was at like two and a half percent for you know at least a day last week um and that affects
00:29:34.560
when you when the government issues bonds you know how much it has to give in terms of interest so
00:29:40.220
when they do that when they do that financing and so this isn't on you know the current financing
00:29:45.400
which is already done but on future financing every one percent is three hundred billion dollars
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in additional taxes so it's not something that's going to happen immediately but again if you go back
00:29:57.720
to that cbo projection that this was going to happen you know by 2032 it was going to be another 300
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billion they were expecting the 10-year yield to be at 2.1 percent by 2025 and we're already at 2.5
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it's unbelievable it would mean another 600 billion dollars that our government would have to pay just
00:30:38.760
uh he is the representative from the state of utah uh welcome to the program mr chris stewart how are you
00:30:48.480
uh glenn great to be with you as always i sense a little sarcasm so i want you to know i'm going
00:30:54.060
to keep my sarcasm in check as best we can during our time together this morning i don't know what
00:30:58.760
you're talking about uh chris is the author of the final fight for freedom if you haven't read that
00:31:04.060
book yet you should it is the perfect book for people that you're trying to explain what is
00:31:10.020
happening and what is coming because it takes you from a fictional scenario that everybody can
00:31:16.600
understand and then he breaks it down and says yeah this is what's really happening uh it's a
00:31:22.640
fantastic book the final fight for freedom so chris a couple of things first let's start with the
00:31:29.260
president this weekend uh everybody's talking about what he said that you know basically somebody
00:31:35.540
should go over and shoot putin maybe we'll do it uh i mean that's one that's one way to interpret it
00:31:42.520
um and people are trying to make it look like he's just incompetent i have another theory um
00:31:49.700
this is what he really feels he's he also you could blow it off and i did at first blow off his
00:31:58.040
statement to the troops and you'll see that soon when you get to when you get to ukraine uh and
00:32:04.420
they blew that off as just a you know a a gaffe but then the white house yesterday also came out
00:32:12.260
with a tweet that i found really quite frightening and that is we're engaged anew in a great battle for
00:32:20.240
freedom a battle between democracy and autocracy between liberty and repression this battle will not
00:32:27.220
be one in days or months we need to steal ourselves for the long fight ahead what the hell's going on
00:32:35.540
chris yeah boy there's a lot to unpack there glenn uh you know to his statement there's no question
00:32:41.620
that that's the way he feels i'm talking about biden saying that you know we've got to get get rid of
00:32:46.580
vladimir putin there's no question in my mind i don't and i think he's made that clear through the
00:32:50.700
last several months that that's exactly what he would like to see happen and i think we need to ask
00:32:55.480
ourselves a couple questions then first uh do you think that vladimir putin is stronger now at home
00:33:02.920
than he was three days ago oh i promise you that he is there's no doubt about it and and by the way
00:33:09.560
the irony of us claiming uh and and you know this five years we went through or you know russia was
00:33:16.100
interfering with our own elections with our own democratic process how do you think the people in
00:33:20.880
russia feel now i mean and so they're going to rally around him it makes him stronger and the
00:33:25.360
second thing is do you think this makes it more or less likely that we'll be able to exit ukraine
00:33:30.040
without this getting worse well because it certainly makes it less likely that that's the outcome when
00:33:34.780
vladimir putin feels like he's fighting literally for his life so chris i i heard this morning that
00:33:41.840
vladimir putin is saying phase one is over uh and it looked like a chance for him to you know save face
00:33:51.360
and kind of retreat and just take the dunbar uh region if that would be acceptable to the ukrainians
00:33:58.840
which i doubt but it it looked like he was for the first time not talking about advancing
00:34:04.680
so are we closer to peace or closer to war after this weekend well i mean who knows glenn i mean
00:34:14.620
honestly i could give you my opinion on that and i will but we have to caveat it with the sense that
00:34:18.620
the fog of war is thick and it's like the great saying everyone's got a plan till you get punched
00:34:23.460
in the face and that's what we're dealing with here but whether it's less likely or more likely is
00:34:28.800
unknown i think it's certainly less likely that we have an exit to provide bladder with some kind of
00:34:34.640
off-ramp now than it was three days ago but that has to be our goal we have to try to set up some
00:34:41.160
framework where he can claim some kind of victory and whether it's they give up the domestic region
00:34:46.860
in the east and probably crimean as you said zelinski has been as indicated he'd be open to that
00:34:52.180
but the alternative is just a catastrophe and that is we kill who knows how many ukrainian people in a
00:34:58.960
proxy war for year after year after year now it will look like syria seven eight ten years from now
00:35:04.640
if you engage in a proxy war between vladimir putin and the united states and ukrainians
00:35:11.160
are in the middle of that and by the way if you think that vladimir putin has to go well what
00:35:15.640
about president xi what about the mullahs in iran what about uh you know north korea where do we draw
00:35:21.640
the line well that that's going and compel that's why it was scary to me that we are we are saying
00:35:29.320
outright this is not a gaffe this is from you know the white house and potus's uh twitter uh feed
00:35:37.660
a battle between democracy and autocracy between liberty and repression this battle will not be won
00:35:44.060
in days or months either we need to steel ourselves for the long fight ahead when you're making it the
00:35:49.960
battle not for ukraine but half the world and the world is already dividing itself now because of ukraine
00:35:58.960
uh what are we really doing what are we fighting are we preparing to separate ourselves from half
00:36:06.860
the world yeah glenn i'm gonna think of the top of your program i was listening to you and i think
00:36:12.860
you laid that out really well and very thoughtfully and once again if you make this a battle between
00:36:17.960
freedom and autocracy or freedom and tyranny then why only the ukraine why only russia once again why
00:36:25.500
if you want to if you want to see autocracy if you want to see repression go to the western regions in
00:36:31.160
china as i've been able to do and look at millions of muslim leaguers who are in essentially concentration
00:36:37.400
camps and by the way building goods that our our businesses here are more than happy to purchase
00:36:42.680
uh and and where do you draw the line including by the way glenn with some of our allies because some
00:36:48.540
of our allies are not pillars of virtue we align ourselves because we must in order to you know
00:36:54.840
enable some type of global security there are occasions where we have to align ourselves with
00:37:00.340
people that are not democratic governments uh and where do you draw the line and if he's stealing us
00:37:05.660
for this thing in ukraine then i wonder well what well what else is there and how do you justify
00:37:09.260
only the ukraine and only vladimir putin it's nonsense and how do you surely have learned this over
00:37:15.260
the last 20 years we cannot compel democracy on nations that it is not in their in their within
00:37:22.800
their history it's not within the people's actual genuine sincere interest in the sense that they are
00:37:28.700
more than in many cases they're okay with the government and the leadership they have let me um let
00:37:35.060
me switch uh topics here because i i don't know how he defines freedom and repression either because we
00:37:42.960
have had a growing surveillance state um in this country for quite some time and it is terrifying there is no
00:37:51.800
such thing as just metadata anymore everything can be tracked down to the individual person uh and uh you have
00:38:02.360
just introduced legislation that is uh set up to prevent any intelligence agency from spying on american
00:38:10.140
citizens don't we already have that law somewhere in the bill of rights yeah yeah we do and in fact
00:38:18.140
we have it very explicitly in executive uh orders and in registration that's already exists but here's
00:38:24.300
the deal glenn and i'm going to try to not be sarcastic about this but i have to make this one point
00:38:28.760
is the u.s u.s people do not trust government agencies anymore pick one who knew that the cdc was
00:38:35.320
political well we learned four or five years ago the fbi and the doj certainly are and and the nsa and
00:38:41.300
the cia it you cannot post office is spying on us yeah yeah so this is and this is thank you for
00:38:50.280
bringing this up glenn because this is so important this administration came to power and they said the
00:38:54.140
greatest threat facing our security is not once again china or russia or the mullahs and iran and
00:38:59.900
they said the greatest threat facing our own security is internal they said it's white supremacy
00:39:04.900
domestic violent extremists dve they call it okay so well then they use that justification which is
00:39:12.140
nonsense as i think the vast majority of americans would agree but then they say okay well the intelligence
00:39:17.940
community for example the nsa the cia they cannot collect intelligence but now suddenly under this
00:39:24.860
administration they can receive intelligence well tell me the difference what is the difference
00:39:31.740
between collecting intelligence and receiving intelligence and they then have used that new
00:39:36.960
justification that new uh jurist uh you know description of a word which i think we would all
00:39:43.220
understand say okay well now we are going to involve the national counterterrorism training center and
00:39:48.840
the director of national intelligence to write reports on domestic extremists which are by definition
00:39:54.840
american american citizens it cannot happen well we are um uh i mean we found a very convenient way
00:40:03.760
we spy on england and they spy on us and i don't even think we need that anymore i mean the the problem
00:40:11.840
is is the intelligence agencies include almost every agency now uh it's not that hard uh to do apparently
00:40:20.820
and we're working together all around the world and somebody told me chris i said when will a president
00:40:28.500
shut this down and and they said they never never because the excuse will be everybody else has it and
00:40:36.660
we can't be the only one that doesn't know what our citizens are doing yeah so well uh go ahead i i think
00:40:46.860
it's fair to point this out you know this type of attitude towards american people the the incredible
00:40:52.500
abuse of department of justice and fbi that we saw in the russian hoax where they're where they're
00:40:57.520
literally lying to congress again in the beginning they're lying lying to the pisa courts etc that only
00:41:03.180
happened under a democratic administration and this new redefinition of words to where they cannot
00:41:09.500
collect that they can receive once again only a democrat administration is allowing that so i don't think
00:41:15.400
we've got uh i don't think we've got equal concerns here it's certainly true the republican party
00:41:19.780
ironically because this is a bit of a shift most of us were viewed as being defense hawks but now we are
00:41:24.660
the protectors of privacy it's the aclu and our democratic colleagues and others such as them who are
00:41:30.640
saying uh you know they're the ones who are fighting our our initiatives our efforts to try to retain
00:41:35.820
privacy and protect civil liberties for americans so what would be the punishment for let's say
00:41:41.780
google just happens to say you know what we have all this data on people and we just got to get it
00:41:48.960
off our servers do you want to take a look at it what would be the what would be the penalty for
00:41:55.220
any government agency yeah so uh i mean look if they are if the problem has been is like i said when we
00:42:04.420
first started the interview there's already rules there's already executive orders there's already
00:42:08.460
legislation but they don't attribute any penalty to it it's like hey this is a bad idea but if you do
00:42:15.200
it uh we're just going to remind you it's a bad idea and then we're going to move on right uh and so
00:42:21.720
you know but there's no penalties attached so there's no disincentive for it uh and so this legislation
00:42:27.220
would attach a penalty for it it would attach a penalty to the person to the individual
00:42:31.880
so let's just say you um you were you were involved in any of these uh you know the russiagate scandals
00:42:42.280
uh what what kind of penalty would you receive well and honestly glenn they're they're they're kind
00:42:49.760
of apples and oranges because the russiagate scandal was just so clear i mean there was clear deception
00:42:54.100
there was clear lying to agencies there was clear uh deception to the fights of courts so it actually
00:43:00.040
already is against the law as you can imagine and there are penalties attached to those kinds of
00:43:05.280
behavior this is a little bit different in the sense of they are actually working under what they
00:43:10.080
believe is a new executive authority and so it clarifies that you don't have that authority and if
00:43:15.420
you continue to claim that authority we're going to punish you we're going to prosecute you for doing
00:43:21.100
that you can't do it and just say well we believe we have the authority to do it no we're going to say
00:43:25.580
very definitively you do not so we're back with uh congressman uh chris stewart and his book is the
00:43:32.940
final fight for freedom which is a must read uh it it just it encapsulates almost all of the stuff that
00:43:41.900
we are fighting against right now and that is a wide array and it's all explained in a very simple
00:43:48.780
simple way and it's a little it's a little breathtaking but it is also written in a way to where
00:43:54.540
it takes you on a story and then shows you the facts of that story and tells you exactly what's
00:44:01.300
happening in our government it's called the final fight for freedom and you can pick it up at bookstores
00:44:06.080
now it it really is a must read chris um i want to talk to you a little bit about the the maximum
00:44:13.260
mother load of personal information the programmable digital currency that we're now quote studying in
00:44:23.260
washington who is the one that actually authorizes the currency is it congress or is it the fed or who
00:44:34.080
is it that says you can switch to a digital currency yeah that's actually a great question glenn and i'm
00:44:41.460
not an expert on this i'll tell you my view but uh but it's subject to the this one caveat and that is
00:44:48.480
regardless of who's authorized it may not be the actual individual or agencies who end up authorizing
00:44:54.840
a digital currency but i think that congress ultimately has oversight on this clearly we do
00:45:00.020
and clearly we authorize this now the fed as you know more than certainly more than uh more than i do
00:45:06.120
but as you indicate over and over again the fed has taken powers into itself just like the president
00:45:11.560
has over congress the fed has taken powers into itself that are just frightening over the last
00:45:17.100
80 years and accelerating rapidly i mean in a breathtaking pace over the last five to eight
00:45:23.180
years going back probably to 2008 uh and you know it's it's an irony that the one thing people wanted
00:45:29.160
from cryptocurrency was privacy they wanted to you know to have uh an ability to not be manipulated by
00:45:36.020
fed policy or by or by monetary policy and the creation of a government currency does exactly
00:45:43.080
the opposite i mean it it it beholdens us in ways to where every virtually everything we do including
00:45:49.700
everywhere we go every every purchase we make would be monitored potentially monitored and if so
00:45:56.740
you know if deemed necessary corrected by federal policy by federal bureaucrats it should frighten the
00:46:01.900
life out of people okay well chris would you look into that for me and see if there's anybody on the
00:46:08.120
hill that is uh at least even questioning uh the fed because i think this is going to come fast and
00:46:14.760
furious oh well glenn there are i promise you i i sat down for probably a little more than an hour with
00:46:20.980
patrick mckenry that who will be the next chairman of financial services uh just last week on this issue
00:46:26.520
and and and i promise you he's intensely aware of it he's intensely concerned as as we are
00:46:31.860
he sitting on that committee and being the chairman we pray in 2022 when we take over the house
00:46:37.060
he will play a key role in trying to uh trying to restrict what i think is is just a horrible
00:46:43.260
horrible idea for this administration once again wow i am uh glad to hear that chris thank you very
00:46:48.740
much all right the name of the book is the final fight for freedom uh if you want to get into the
00:46:55.920
fight he's just introduced a new bill to prevent intelligence agencies from spying on americans
00:47:01.840
citizens uh you can find all of his information at stuart.house.gov get involved there are no bystanders