The Glenn Beck Program - January 19, 2022


Best of the Program ｜ Guests： Rep. J.D. Bernardy & Riley Moore ｜ 1⧸19⧸22


Episode Stats


Length

41 minutes

Words per minute

163.49078

Word count

6,861

Sentence count

537

Harmful content

Misogyny

1

sentences flagged

Hate speech

9

sentences flagged


Summary

Summaries generated with gmurro/bart-large-finetuned-filtered-spotify-podcast-summ .

Glenn Beck takes aim at the World Economic Forum and the conspiracy theories that have been floating around since the early days of the "Great Reset" and tries to prove it's not a conspiracy at all, it's a conspiracy against the world's most powerful people.

Transcript

Transcript generated with Whisper (turbo).
Misogyny classifications generated with MilaNLProc/bert-base-uncased-ear-misogyny .
Hate speech classifications generated with facebook/roberta-hate-speech-dynabench-r4-target .
00:00:00.000 Great podcast today. You don't want to miss a second. We bring you the people who are actually
00:00:04.480 doing something in their own states, either state reps or state treasurers that are taking
00:00:11.480 steps to stop the Great Reset. This is a don't miss episode. Here it is.
00:00:30.000 This is the Glenn Beck program. It is truly a wonder to watch the global elites and the media
00:00:39.280 and the politicians that have tried to push off the Great Reset as no big deal, nothing to see.
00:00:45.560 It's, you know, it's just a conspiracy. It's from the World Economic Forum. It's no big deal.
00:00:51.680 They don't have any power. Really? When we first started calling this out, that was the first line
00:00:58.920 of attack. We were conspiracy theorists. We believe the World Economic Forum was some master
00:01:04.580 cabal that, you know, they're having star chamber meetings and none of those things are true. None
00:01:09.640 of those things are true. None of those things are what we said. They're not calling shots from some
00:01:14.400 evil underground lair. They have connections with the most powerful people, the richest and most
00:01:21.860 politically powerful people in the world. And they meet at Davos. It's just that. And they're
00:01:28.620 like-minded. So all that people were saying at the beginning was that this is a conspiracy theory.
00:01:37.640 It's not. This week from all over the globe, they are speaking at the Davos World Economic Forum.
00:01:46.420 And tonight, coincidentally, we are airing a commercial free special on the Great Reset. The
00:01:53.800 same week, the Economic Forum is trying to sell their agenda. I'm going to show you what that agenda
00:01:59.500 is really all about. And I find it interesting that it's the same voices that are still saying
00:02:05.960 conspiracy theory or diminish what's going on. I want to give you a quote from Jack Dorsey from
00:02:11.600 Twitter. Yesterday, he tweeted out, the amount of attention World Economic Forum receives is
00:02:18.480 inversely proportional to the organization's usefulness. It's useless. Really? If it's
00:02:27.440 useless, why are you spending the time tweeting about it? If it truly is useless, I mean, you know,
00:02:36.740 pigs in a blanket, really highly overrated breakfast food. They're useless. Well, I'm not making that
00:02:44.200 tweet because pigs in a blanket are really not an important breakfast food. Not everybody's talking
00:02:50.920 about that. Deep thoughts by Jack. Eye boogers. They're pointless. They're annoying. They're useless.
00:03:00.400 The World Economic Forum is not useless. If you look just at who is speaking, Xi Jinping was the lead
00:03:10.600 speaker earlier this week. The president of China. If you look at the number of prime ministers, central
00:03:18.220 bank people, gigantic corporations, BlackRock alone has more money and holds more investment money than
00:03:28.820 any other anything on the planet. Makes the queen look like a pauper. They are at the World Economic
00:03:37.660 Forum and they are helping design the policy. Let me give you an example of what the World Economic
00:03:43.940 Forum really is. Do you remember back in the 1970s, there was something called the Heritage Foundation.
00:03:53.920 It's still out. But in the 1970s, the Heritage Foundation came along and it was founded to redirect
00:04:01.980 America's principles back to conservative principles and the founding. And in the 70s, the left ignored it.
00:04:10.140 They laughed. Oh, we got this in the bag. Jimmy Carter. I mean, we're we're fine. Something happened.
00:04:18.120 These people were were thinking, planning, strategizing and connecting with people who had power and a new
00:04:29.480 vision. Ronald Reagan won in a landslide, much because of the Heritage Foundation. It kicked off
00:04:39.560 12 years of Republican control in the White House. That's the Heritage Foundation. OK, that was well
00:04:47.480 funded back in the 70s, but not like the World Economic Forum. It had connections, but not like the World
00:04:54.300 Economic Forum. The World Economic Forum, a global think tank that is injecting 21st century fascism
00:05:03.700 directly onto elected officials and global financial and corporate juggernauts. Imagine if the Heritage
00:05:12.440 Foundation had the eyes and ears of every prime minister and president in the world. The vast majority
00:05:20.780 of not only the corporate leaders, but the corporate boards and all of the major financial institutes,
00:05:28.160 including the International Monetary Fund, the World Bank, the European Central Bank, the Japanese
00:05:34.620 Central Bank, the American Central Bank. Do you think that the world would be the same if the Heritage 1.00
00:05:43.480 Foundation had that group of people in the 1970s? No. No, we would be a radically different country. So, Jack, as
00:05:57.560 much as I appreciate your opinion, it's ridiculous to think that these people are worthless. Really? How come all of
00:06:06.800 these billionaires and trillionaires are all making their way to do they just really love skiing together
00:06:14.060 that much? I don't think so. Jason's with us. He's our head writer, head researcher. And there's a couple
00:06:23.800 of things I want to talk to you about. First of all, the special, because you hadn't read the book.
00:06:29.680 You know, you weren't involved in the research. I mean, some of the research, but you weren't on the
00:06:34.040 day-to-day, you know, working on the book. You read the book. What was your takeaway?
00:06:39.720 My takeaway was, I think back to what, over a year ago when I first brought this in and we're like,
00:06:46.400 what the heck is this? This is probably something we should look at. And we started like in little
00:06:49.900 chunks, just exposing things in chunks, banks, ESG, corporations. Those were like multiple different
00:06:56.220 shows. And after I read the book or while I was reading the book, I was like, this is the first time
00:07:00.720 I've ever seen all of those pieces put together, but in an easy to understand way. Because I mean,
00:07:07.940 we were trying. It's hard to explain this stuff easily. It's really hard. And it was about a year
00:07:13.280 and a half ago when you first, I don't remember what you stumbled on, but you were like, have you
00:07:17.260 ever heard of the great reset? And it was the time that I was questioning build back better going,
00:07:22.360 what the hell? That's the worst slogan I've ever heard. And that is the slogan from the world economic
00:07:27.880 forum that everybody's using all around the world. I didn't know that they were. I thought
00:07:31.660 that was a Joe Biden thing. Yeah. And it wasn't. And I remember you, I don't remember what you brought
00:07:37.700 to me, but I remember thinking, this is really important. This explains a lot. We remember that?
00:07:44.860 Yeah. Well, we were, I think it was probably when we were looking through just a bunch of quotes
00:07:47.680 because everyone was talking about the world economic forum, great reset as being something
00:07:52.060 positive, but then we would pull little quotes and it would say we're redefining capitalism.
00:07:56.260 Other quotes is you will own nothing and you'll like it. You'll be happy. And we're like, what?
00:08:01.980 Like redefining capitalism. And then we started looking into stakeholder capitalism. And what
00:08:07.060 the heck does that even mean? Yep. But the book really goes into explaining that in a very,
00:08:11.980 very easy way. And tonight, if you've already read the book, you're going to, you're going to watch
00:08:17.500 the show and this is going to be almost like a Cliffs version for that. So if there's things that you
00:08:21.820 didn't understand tonight, you're going to fully understand. If there's things that you wanted a little
00:08:26.120 bit more clarification on, like more examples, like for instance, tonight, you know, you talked
00:08:31.780 about in the book a lot, how ESG is, you know, being used to force companies and banks, you know,
00:08:37.120 to, you know, to redirect money into places that they want or issues that they want.
00:08:41.420 Tonight, we're going to show you exactly how, and we've showed you a little bit of this in other
00:08:45.720 shows, but the context that it's in now tonight, it's all going to crystallize. You are going to
00:08:51.500 completely understand what this is about. You're going to completely understand how they are doing
00:08:55.880 it. It is vital to watch tonight. So tonight, like Jason just said, it is vital to watch. We are doing
00:09:02.460 this. I mean, you can't get the book. Amazon and everywhere else, they've taken the buy button off
00:09:08.700 because they're so far behind in printing. You can't, the only way to get it is a digital copy
00:09:14.640 through Kindle. I urge you, please get a copy of the book. I am not for digital copies. I don't like
00:09:23.700 reading. I read things on digital, but if I, if it's important, I always have it because it's easier
00:09:30.060 to remember when you have the tactile book in front of you and notes and notes. Yeah. So it's I urge you
00:09:38.000 to get the book, but please buy the Kindle book. We don't have time to waste. This is the worst
00:09:43.560 situation we could have imagined where you can't even get it. But I noticed, um, that this is taking
00:09:50.600 off faster than anything else we have ever exposed. Amazing. Um, yeah, it is. I mean, there are already
00:09:58.700 things that are happening. I'm going to talk to the two people, uh, one West Virginia that I think
00:10:04.380 it's a state treasurer who is now they're, they're divesting from black rock. And, uh, next hour also, 0.73
00:10:11.780 I'm talking to somebody here in Texas because we already signed a bill. The governor signed it
00:10:18.740 here in Texas to divest from black rock. And now they're not doing it. Uh, I want to hold the
00:10:24.080 politicians feet to the fire. What the hell is happening there? But have you noticed a change
00:10:29.500 in the black rock attitude even in the last week? Oh, just, just in some of the, uh, the, that one
00:10:35.860 instance you talk about in Texas, um, the way that they're wording things now, they're not as,
00:10:41.000 they're not puffing their chest out as much before because they had no one to stand against
00:10:44.960 them and no one was questioning anything. Correct. But now they're like, Oh no, no,
00:10:48.420 we're not going to put you out of business. You know, this is just something that bull crap,
00:10:53.000 right? Bull crap. Right. Here's this, this came out. Um, this just came out from black rock,
00:10:58.360 from Larry Fink, who's the head of black rock. So, you know, and you'll understand this in
00:11:02.860 the book and on the special black rock is the biggest investment firm in the world. They have
00:11:09.760 seven or $10 trillion under management just themselves. But when you add the European
00:11:17.480 central bank and the federal reserve, you're, you're approaching $30 trillion that they directly
00:11:23.740 affect that that's massive. Nobody's ever been like that. They're also the only Western group to
00:11:31.820 ever be allowed in to China to do investing as well. It's a, it's very bad anyway. So he just
00:11:39.980 wrote, Larry Fink just wrote when my partners and I founded black rock starting 34 years ago,
00:11:44.280 we had no experience running a company over the last three decades. I've had the opportunity to
00:11:48.700 talk with countless CEOs and learn what distinguishes were truly great companies time
00:11:53.160 and time again. They all share what we have a clear sense of purpose, consistent values. And crucially,
00:11:58.380 they recognize the importance of engaging with and delivering for their key stakeholders.
00:12:04.540 This is the foundation of stakeholder capitalism. Stakeholder capitalism is not about politics.
00:12:13.340 It's not a social or ideological agenda. It's not woke. It's capitalism driven by mutual beneficial
00:12:22.100 relationships between you, the employees, the customers, suppliers, and communities your country,
00:12:28.660 your company relies on to so they can prosper. This is the power of capitalism. This is an out and out
00:12:37.040 lie. This, this is, this is the happiest spin you could possibly put on this pig. This is,
00:12:48.940 this is lipstick that you're like, dude, man, you're still kissing a pig. It's still a pig. No,
00:12:57.600 look how pretty she is. It is. It's crazy because they are now starting to defend themselves. It hasn't
00:13:04.920 happened before the, the things that the opposition will do. There's what, there are trillions of dollars
00:13:12.800 at stake. I'm not suicidal. I am at a very good mood. Uh, I'm, I'm a very good driver. Uh, my brakes
00:13:22.640 work, uh, there's trillions of dollars at stake and they are not going to sit idly by. Um, but I will
00:13:30.480 tell you local is the only thing they cannot beat local. I'll explain more of that tonight. Get the book,
00:13:40.580 get the Kindle version right now. The great reset. You just go to glennsnewbook.com, click on the
00:13:48.240 Kindle version and, uh, download it and read it now. Tonight, full commercial free episode on blaze TV.
00:13:59.220 You're listening to the best of the Glenn Beck program.
00:14:01.940 So I was very excited yesterday to see that the West Virginia state treasurer
00:14:15.240 has said that they are div, uh, divesting, uh, themselves from any, uh, uh, any investment of
00:14:24.540 state funds in black rock. If this happens and takes hold across the country, that will hurt black
00:14:33.940 rock and it will stop some of their crazy stuff that they're doing. For instance, trying to stop
00:14:39.880 all goal, uh, uh, gas oil, uh, and coal. They are going to cripple these industries. Texas, as you'll
00:14:50.420 find out here in a few minutes, Texas has already signed the bill past it and then signed it. The 0.92
00:14:55.360 governor signed it. Uh, but they're not doing anything. Black rock is doing a tap dance and 0.99
00:15:00.560 they're not doing anything. West Virginia, the state treasurer there, Riley Moore, uh, announced
00:15:07.640 that the, um, investment from the treasury no longer going to black rock investment fund. We have
00:15:16.140 Riley Moore on the phone with us. Now, the, uh, state treasurer for West Virginia, Riley, how are
00:15:20.740 you, sir? I'm doing great, Glenn. And thank you so much for having me on and allowing me to speak
00:15:26.080 to you and your audience about this really important issue. It's a real honor and a privilege to be on
00:15:30.800 here. Well, thank you very much. I'm, I, I saw this news this, uh, what was it? Monday or Tuesday.
00:15:36.040 And I was thrilled to see that you guys were taking real action. Tell me what you've done and why you did
00:15:42.800 it. Well, what we have done is we have divested, um, the state treasury completely out of black rock
00:15:52.900 and, um, our inflows and outflows with that black rock fund, uh, was about one and a half billion
00:16:00.580 dollars. It was an overnight sweeping account that we had had with them. And we decided, look,
00:16:06.700 these people are diametrically opposed to our industries. We want to do business with people
00:16:13.860 that want to do business with us. Look, we are an energy state. We do coal, we do natural gas.
00:16:19.040 We're not going to pay black rock to destroy our industries, right? I mean, they have this crazy net 1.00
00:16:25.620 zero goal out there and they are hurting our industries incredibly along with a lot of these
00:16:33.080 other financial institutions, which I can go into because at one point, um, on your show, I was,
00:16:38.740 uh, I do listen, you, uh, touched on the, uh, letter that we had sent out, uh, to all the big banks
00:16:45.480 here in the United States as well. So this, we are putting words into action, which is what more elected
00:16:54.600 officials need to do in this country. And people need to look to the States to stand up and fight,
00:17:01.420 or we are going to get buried by this. And we're not going to be able to dig ourselves out.
00:17:06.900 I can't tell you how happy I am to hear this from you, Riley. Um, tell me, tell me, let's start with
00:17:14.120 the banks first, because you sent that letter out to the banks. Tell people what you've done and what
00:17:20.120 their state should also do. What we have done is we have, there's 15 state treasures, and this is on my
00:17:29.820 website, by the way, more for wv.com. If you want to see the letter and, uh, 15 state treasures,
00:17:36.700 we formed a coalition, which I am leading that coalition. And we are reforming our banking
00:17:42.920 contracts in all of our States here in West Virginia. When we go through that process,
00:17:49.500 a bank is going to have to certify that they are not boycotting the fossil fuel industry. If they
00:17:55.420 cannot meet that certification, they will be ineligible for a banking contract here in the
00:18:00.640 state of West Virginia. The other States on that letter, they're going through their processes to
00:18:06.660 do the exact same thing and put the screws on all these people. I mean, this is multi-layered, uh,
00:18:13.280 in terms of the threat that it causes, not only to the citizen, because the end of the day,
00:18:18.300 without coal and gas, your utility bill is going up. The companies aren't paying this.
00:18:23.420 You're going to pay for it. Secondarily, it hurts our energy independence and makes us more reliable
00:18:29.600 on foreign resources. Why would we want that in America? We had energy independence. So all of us
00:18:37.240 are coming collectively to push back on this, this BlackRock announcement. I will tell your audience,
00:18:42.780 this is just step one. You're going to hear a lot more of this coming out of my office in the coming
00:18:49.140 months of other contracts. We were going to move on. Thank you. Thank you. Thank you for taking this
00:18:58.000 seriously and actually taking concrete steps. It is going to take people like you and people that,
00:19:05.900 you know, vote in West Virginia to actually take a stand. There's no way to fight this, uh, on the
00:19:12.680 international level. It is so far gone. But if you start hitting them in the pocket and you also,
00:19:20.100 and I want to ask you about this with the state, with the, uh, banks, you're specifically talking
00:19:24.780 about, um, the, uh, the planet and green new deal and everything else. Um, that's only the E out of ESG.
00:19:34.200 Are you concerned about the full package of social justice, uh, and governance as well?
00:19:43.680 Absolutely. We are. And as I said, this is step one. This is, these are our first steps right now.
00:19:50.340 We got to do everything we can to save these industries. Cause I will tell you, I've had coal
00:19:55.160 operators, not only in West Virginia, but all over this country and natural gas guys as well, come in
00:20:00.740 and say, we're losing access to capital. I would urge your listing audience here, go Google the top
00:20:07.740 biggest banks and look up their ESG policy frameworks. This isn't hidden now. It is out in the public and
00:20:17.360 it's in black and white. And it says, we are going to deny loans, a presumptive denial to any industry
00:20:24.960 that is involved in the fossil fuel extraction industries. That is an outright denial in this.
00:20:32.040 And that in the end of the day, what is it about control? They are trying to control us in West
00:20:40.240 Virginia and around this country. And we're not going to take it anymore. And I tell you, this has
00:20:44.880 been going on for decades in West Virginia. This is a state that just think about this. These are the
00:20:51.780 same folks that sold us on globalization. Hey, listen, you're going to get all your goods cheaper
00:21:00.600 and it's going to make your towns and cities better. Well, guess what? Globalization happened
00:21:05.620 in these long stretch supply chains. We lost our jobs. Walmarts came in and took over all our small
00:21:11.800 businesses, got decimated in all of our towns. And now they're coming back for our jobs. The last
00:21:18.200 jobs that we have, they're coming back for our jobs. And if they come and take these coal mining 1.00
00:21:22.700 and gas jobs, what are we left with? Working at Walmart. It's like we're indentured to these people
00:21:28.300 and we're not going to take it anymore. I love you. I will tell you that West Virginia is one of my
00:21:34.660 favorite, one of my favorite states. And also because of the history, you guys have a history of
00:21:43.460 standing up for what is right. I mean, you were part of Virginia and the civil war starts and you
00:21:50.680 are like, I don't want anything to do with that. And you went and became West Virginia. Um, you guys
00:21:57.440 have stood the test of time and you also are the, the quintessential when you think of the hard
00:22:07.600 working hard living, uh, uh, American worker. It really is embodied in West Virginia. I can't,
00:22:18.360 uh, I can't believe that, um, West Virginia has taken it for this long. It's like Texas. We're still
00:22:26.080 screwing around in Texas. I don't know why, but we're still playing footsies with black rock.
00:22:30.980 We should be divesting. I saw they passed that bill and we have an additional, because I want
00:22:37.000 more coming out of here. We have a bill that just passed out of Senate energy. We're actually in
00:22:42.280 session here right now in the state legislature bill passed out of Senate energy. We're going to
00:22:48.440 have a bill that is going to publicly list these financial institutions that are prohibited from
00:22:54.040 banking in West Virginia. Cause the people of West Virginia, they want to know, they're asking me,
00:22:57.660 what banks are you talking about? Now, obviously for liability purposes, you know, I'm not necessarily
00:23:04.180 going to name all of these banks right now. Here, uh, I tell you what, I'll, I'll do some work for
00:23:08.140 you. Um, name the five biggest banks in America, the five biggest banks in America. We know that the
00:23:15.920 federal reserve is just a coalition of the five biggest banks. They're the biggest banks. The ones
00:23:23.160 that cannot fail. Don't take my word for it. Just go do your own homework on their own websites and
00:23:30.780 look up their ESG policies for environmental social justice and governance scores. They all have them.
00:23:39.320 If they have them divest, get out of those bank and go to a local bank.
00:23:46.120 And I will tell you, there are banks that I have talked to. They're not the top five,
00:23:51.380 but they're not too far down from there that are saying, thank you for doing this. Now we can go
00:23:57.200 back to our board and our shareholders and say, listen, there's risk on the other side of this too.
00:24:03.840 And the end of the day, all we want is a bank to act like a bank, assess risk, assess capital. If it's
00:24:10.940 a bad loan, don't make the loan. But if you go all the way down the road here on this,
00:24:16.880 where we're going to potentially end up, what could potentially happen is let's say you go in
00:24:22.400 for a home loan 10 years from now or whatever. And it says, well, here's one interest rate.
00:24:27.480 If you have solar panels on your house, here's another interest rate. If you don't, they are
00:24:32.320 trying to control our behavior. And look, we don't want what they want. And what we want is to be free
00:24:40.760 to make our own decisions, work our own jobs. And you touched on it. You know, these hardworking
00:24:47.060 folks in West Virginia, the average coal miner is making nearly $90,000 a year. These are great
00:24:53.940 paying jobs. People don't realize that they think we're throwing people down a mine shaft somewhere.
00:24:59.540 No, they love these jobs. You know, what are bad jobs? Working over in the Democratic Republic of
00:25:05.160 Congo and mining cobalt for the electronic batteries that go in the electronic cars.
00:25:11.780 They got slave labor essentially going on over there. And China's running those mines, by the way.
00:25:16.860 You know, that's really interesting. You bring this up, Riley. We're talking to Riley Moore,
00:25:20.140 West Virginia's 25th state treasurer. He was elected in 2020 and is taking a hard stand against ESG
00:25:27.720 scores, the Great Reset and BlackRock in particular. It is fascinating to me that people
00:25:34.460 will say, well, if you're not going to invest in BlackRock, I mean, they're the biggest ones out
00:25:38.300 there. I mean, they're making money hand over fist, yada, yada, yada. But they're also empowering
00:25:43.480 China and literal slavery. And it doesn't seem to matter to anyone. 0.93
00:25:49.560 No, you don't hear the left talk about this at all. I mean, there is a literal genocide going on
00:25:55.540 with the Uyghur population over in China. If people have not read about this, they are in 0.89
00:26:01.580 concentration camps, essentially working and building all the components that get sent back
00:26:08.200 here to the United States. Meanwhile, by taking our jobs, we have to get away from it. And the
00:26:14.360 scariest thing is the U.S. and the Chinese economy are decoupling right now. But China is decoupling
00:26:22.820 faster from us than we are them. China knows what time it is. They got a plan. We don't have a plan.
00:26:32.560 Did you, one last question. When I first started talking about this about a year ago, year and a half
00:26:37.580 ago, I was immediately, you know, conspiracy theorist, et cetera, et cetera. The banks denied it.
00:26:43.520 Are you having any problem making this case now, Riley? Because it's so transparent. It's all out
00:26:49.200 in the open now. You know, it's becoming easier now because of programs like yours. But I will tell
00:26:54.800 you, not everybody is talking about this. And people really need to tune into this and be aware of it
00:27:00.240 because you can vote with your money. You can vote with your money, whether it's your 401k or otherwise,
00:27:05.840 talk to your money managers. There are also companies out here, money managers that are coming up with
00:27:11.240 these portfolios called ex-China, where they're invested in emerging markets that are not China.
00:27:18.760 People, the market is actually speaking. It's the people that are speaking because they don't want
00:27:24.200 this anymore. So because of programs like yours, it's added, thank God, validity to what I'm doing
00:27:31.900 because when I first started talking about this, people thought I was crazy. You know,
00:27:35.800 I got the tinfoil hat on and I'm a conspiracy theorist. And then as soon as Biden got elected,
00:27:41.120 it was one month into it, coal companies and gas companies coming in and saying,
00:27:45.660 we are in trouble. We're going to lose access to capital. We don't know what we're going to do.
00:27:51.300 And then we heard that John Kerry is going around and pressuring banks to divest at the same time.
00:27:59.580 So there's this extra legal channels being made to pressure them. And who are they pushing on?
00:28:05.660 The Googles, the Facebooks and all of them. If this bank doesn't divest, then we'll get Googles
00:28:12.380 and Facebook to leave. It's an entirely coordinated effort going on out there. And how soon will it be
00:28:21.880 where we as individuals, like in China, get ESG scores? When will ESG be part of your credit score?
00:28:30.320 Soon.
00:28:30.740 To be able to buy a home, credit card, anything.
00:28:33.720 If we don't stop it, it will happen soon. Riley Moore, the West Virginia State Treasurer.
00:28:38.800 I wish I was in your state, lived there so I could vote for you. You're fantastic.
00:28:44.520 Riley Moore, West Virginia State Treasurer. Thank you. Please let us know anything we can do to help.
00:28:53.920 The best of the Glenn Beck program.
00:28:59.580 Tonight, 9 p.m. Eastern on the Blaze TV channel.
00:29:13.480 You can find this only online, but you can also find it several different places, including
00:29:21.700 Roku and what's that other place? Pluto TV and YouTube.
00:29:31.640 And that's as far as I can go.
00:29:33.460 That's a lot.
00:29:34.220 Yeah.
00:29:34.540 A lot of availability.
00:29:35.560 I'm a subscriber, so if you're a subscriber, watch tonight, 9 p.m., an hour commercial-free
00:29:41.780 on The Great Reset.
00:29:44.260 We're going to talk to you about what it actually means to you, not just corporations.
00:29:50.200 Also, Glenn, your wish is my command.
00:29:52.620 Oh, I love that.
00:29:54.100 And this particular case, the state of Texas is...
00:29:56.440 Oh, is that a case?
00:29:57.680 That's there.
00:29:58.220 Have they responded?
00:29:58.940 They have responded.
00:29:59.460 We just got a response in about this.
00:30:01.880 It's long and detailed, but to sort of boil it down, there are two parts of what they're
00:30:08.020 saying is going on.
00:30:08.960 One is incoming new contracts, so like new deals that they're working on, and then the
00:30:15.880 existing ones that are there.
00:30:17.540 The new ones, they're saying this is already in place.
00:30:19.780 They're already running all this through and trying to avoid, particularly as based on oil
00:30:24.540 and gas, these sorts of restrictions, so new business has already, this is already taking
00:30:30.920 place.
00:30:31.860 The existing stuff that was going on, they are still looking for suitable candidates
00:30:37.720 to divest into.
00:30:39.660 As they point out, the law doesn't specifically just talk about BlackRock.
00:30:43.720 It talks about all sorts of different things.
00:30:45.480 Correct.
00:30:45.900 And so you can't just...
00:30:47.240 And then you shouldn't be able to just target one company in a law.
00:30:49.860 That's not a good idea.
00:30:50.580 No, and it also shouldn't just be targeting for oil and gas.
00:30:54.600 Yes.
00:30:54.900 It should be ESG.
00:30:56.560 Right.
00:30:57.080 Because that's the real problem.
00:30:59.460 So they're trying to come up with a longer term solution so that they can catch all of
00:31:05.160 this stuff.
00:31:06.160 So that's ongoing.
00:31:07.700 They have not announced the details on that yet.
00:31:11.160 Let me go to Alex Epstein.
00:31:12.560 He is the president and founder, Center for Industrial Progress.
00:31:16.400 He's the author of the book, Moral Case for Fossil Fuels.
00:31:19.500 Alex, did you just hear what Stu said?
00:31:22.020 We just got a note from the state of Texas saying, we're working on it.
00:31:26.820 It's just taking us a while.
00:31:28.120 We want to make sure that we have it broad enough.
00:31:32.120 You buy that?
00:31:32.920 What exactly are they working on?
00:31:34.960 Let me say.
00:31:35.820 Let me read it to you.
00:31:36.680 We are currently working to establish suitable candidates for the divestment list related
00:31:42.400 to SB 13.
00:31:44.020 We have been tasked with examining an extremely large universe of financial companies, and it
00:31:48.660 would not be appropriate to comment on a single firm prior to releasing the full initial list
00:31:52.800 of companies subject to the divestment provisions in SB 13.
00:31:56.740 Comptroller Hagar is committed to safeguarding the Texas economy and Texas jobs, but that cannot
00:32:02.540 be accomplished by narrowly focusing on one entity.
00:32:05.520 Texas lawmakers could have singled out one company, but they understood the approach would
00:32:09.600 not have the impact needed to address this alarming trend.
00:32:12.240 Additionally, this issue of long-term concern for Comptroller Hagar with increased promotion
00:32:18.020 of the ESG investment trend.
00:32:20.340 He has noted when discussing other efforts, including divestment lists related to companies
00:32:25.000 boycotting Israel or doing business with Iran, the agency is focused on creating a transparent
00:32:29.760 and defendable process that not only reliably identifies current suitable candidate companies,
00:32:36.120 but also creates the framework for highlighting potential future future candidates.
00:32:41.400 Sounds reasonable.
00:32:43.220 Yeah, I do think that's reasonable.
00:32:46.140 I mean, there's a lot to discuss in terms of this legislation, which hasn't been what I'm
00:32:50.240 commenting on, because it's challenging to do something about that.
00:32:54.880 But what I'm really focused on with BlackRock is they're really trying to have it both ways.
00:32:59.900 They've got an enormous amount of status, prestige, and money by leading the movement to eliminate
00:33:05.440 fossil fuels, aka the net zero movement.
00:33:08.300 And if you look at what they say in their letters, they say this requires emissions to
00:33:12.020 go down by 8% to 10% per year.
00:33:14.560 And that, by the way, was starting in 2020, where emissions were a lot lower than now.
00:33:17.920 So it'd have to be an even faster right now.
00:33:19.840 And they're saying that, but they're also saying, oh, no, we love oil and gas.
00:33:22.880 We're long-term investors in oil and gas.
00:33:24.500 And my point is, those two things are contradictory.
00:33:26.820 If you want to eliminate emissions, then you are going to rapidly eliminate oil and gas, and
00:33:31.740 you should take responsibility for the shortages and high prices that have occurred
00:33:34.960 because of what you've done.
00:33:36.980 I'm concerned that, I mean, I think targeting BlackRock and getting people to understand
00:33:43.240 if you're investing with them, you are investing in the Great Reset and the ESG system.
00:33:50.160 But it's also not just BlackRock.
00:33:52.320 It is any banking institution, any investment firm that is using ESG scores to be able to
00:34:01.500 score companies and investors.
00:34:05.460 Is it not?
00:34:07.340 Yeah, 100%.
00:34:08.780 And so I have this website I set up called energytalkingpoints.com.
00:34:11.580 And if you just search ESG on that site, you'll get the information about why I think ESG is
00:34:16.600 anti-development, anti-freedom, and ultimately anti-America.
00:34:21.080 And it's because it's really targeting the energy industry.
00:34:24.820 And what it's doing is it's opposing low-cost, reliable energy from fossil fuels, as well
00:34:29.020 as usually nuclear.
00:34:30.060 And it's promoting unreliable solar and wind.
00:34:32.200 And what this does is it reverses the function of finance, which is supposed to be to invest
00:34:36.520 capital efficiently.
00:34:37.680 It's making energy capital inefficient, and energy is the industry that powers every other
00:34:41.860 industry.
00:34:42.160 And so that means everything is going to be more expensive because of this ESG movement.
00:34:46.780 So I agree 100% it's bigger than BlackRock.
00:34:49.140 BlackRock just happens to have a leadership role that they're being particularly evasive
00:34:52.620 of.
00:34:53.200 Correct.
00:34:53.540 And it is bigger than just oil and gas.
00:34:57.480 It is the E, the S, and the G. 0.60
00:35:00.920 I mean, right now we're seeing, because Davos is having their meetings on the Great Reset this
00:35:07.340 week, and we've already heard Fauci speak about how they have to figure out a way to silence
00:35:15.720 speech that they say is misleading.
00:35:18.920 He said, I don't know how we do that.
00:35:20.640 Well, one easy way is to use an ESG score.
00:35:25.880 They can arbitrarily say you are presenting misinformation and that your company is now posing
00:35:33.700 a risk to the stability of society, and we can't support you.
00:35:39.540 We can't give you loans.
00:35:40.740 We can't do transactions.
00:35:42.380 That's what's coming.
00:35:44.900 Yeah, I agree with that.
00:35:46.520 And it's important I put this in that website.
00:35:48.760 I mentioned energytalkingpoints.com if you search ESG, but I'm reading from it now.
00:35:52.220 ESG was a movement cooked up at the UN, not exactly a leading expert in profitable investment
00:35:56.440 to impose moral and political agendas, largely left-wing ones, on institutions that would not
00:36:01.200 adopt them if left to their own devices.
00:36:03.120 So it's really taking all these leftist ideas and it's trying to impose them via corporations,
00:36:08.300 often because the people are dissatisfied with the ability to get voters to support these
00:36:12.900 policies.
00:36:14.300 That's the biggest thing that is so disturbing as they talk about democracy, which we're not
00:36:21.040 a republic.
00:36:22.240 But as they talk about democracy, this undercuts democracy.
00:36:26.100 There is this is the elites having their voice because they can't get the people to sign on
00:36:34.660 to what they want to do.
00:36:37.600 Exactly.
00:36:39.740 And they will put it as, oh, we're so rational and the people are irrational.
00:36:44.120 So that's why we envy China and we want to be able to impose whatever we want. 0.97
00:36:48.040 But my view is with most of these things, they don't have any good arguments and certainly on
00:36:51.520 energy.
00:36:51.940 They don't have any good arguments for why you should rapidly eliminate fossil fuels,
00:36:55.280 not support nuclear, promote unreliable solar and wind.
00:36:59.580 These things just don't work.
00:37:01.220 They're not cost effective.
00:37:02.280 And that's going to make everything more expensive and life worse.
00:37:05.200 And what we're seeing right now is just a mere taste of it.
00:37:08.520 If you look at the European energy crisis, rising prices here, this is just a taste of
00:37:12.620 what these green policies mean.
00:37:14.840 And so this should clue us into these experts don't really know what they're talking about.
00:37:19.020 If they knew what they're talking about, they would just try to persuade us and let free
00:37:22.500 markets develop these amazing solutions that they claim are amazing.
00:37:25.840 Well, but they've also they've also taken things out of the mix.
00:37:29.480 For instance, the safest energy, the safest energy, the cleanest energy is nuclear.
00:37:36.520 France has it.
00:37:37.540 It's run.
00:37:38.080 It's fine.
00:37:39.240 Now they're they're shutting down.
00:37:41.420 I think.
00:37:41.860 What is it?
00:37:43.200 The 30 or 40 percent of their power plants in a test.
00:37:48.660 And it's going to cause energy prices in France to raise, they say, 40 percent in the coming
00:37:54.280 months.
00:37:54.660 Because I mean, there's no reasoning with anyone.
00:37:58.820 They're not taking reasonable steps at all.
00:38:02.260 And instead, they're going to jack with people's lives, with their safety and also with all
00:38:09.380 of their money.
00:38:11.220 The nuclear thing, I think, is a very revealing example because it doesn't involve the issue
00:38:15.480 of CO2.
00:38:16.060 Nuclear doesn't emit CO2.
00:38:18.400 And as you said, it's the safest form of energy.
00:38:20.060 It's the cleanest form of energy ever devised.
00:38:22.220 And so people can claim to be concerned about CO2.
00:38:24.680 You'd expect them to love nuclear, but they don't.
00:38:27.120 And they often oppose large scale hydro as well.
00:38:29.380 And the core of this is really philosophy slash religion.
00:38:32.100 They really believe in the idea, whether they know it or not, that our goal should be to
00:38:35.700 eliminate human impact on Earth, not to advance human flourishing on Earth.
00:38:39.640 And so they look at everything from that perspective.
00:38:41.460 They think, oh, nuclear is unnatural.
00:38:43.220 It has too much of an impact.
00:38:44.780 Hydro is unnatural.
00:38:45.660 It impacts free-flowing rivers, and they're totally willing to sacrifice civilization for
00:38:50.600 the god of unimpacted nature.
00:38:53.040 So, but that's not BlackRock.
00:38:54.360 That's not these banks.
00:38:56.240 Well, I mean...
00:38:56.720 Well, it is.
00:38:57.220 That's the interesting thing, is how do you sort of integrate a bank like this with these
00:39:03.160 ideals?
00:39:03.540 And I think what happens is whenever you have a certain wrong moral idea or even a right
00:39:07.660 moral idea, the financial world follows it.
00:39:10.620 So we have this core moral idea in our civilization that we should be eliminating our impact on
00:39:15.480 Earth.
00:39:15.740 And above all, we should be eliminating our impact on climate.
00:39:18.400 That's the most important thing.
00:39:20.000 And so what BlackRock has done, whatever their exact motives, is they're cashing in on that
00:39:25.560 and saying, okay, we're going to be the leader of eliminating our impact on climate.
00:39:29.180 So regardless of what Larry thinks convictions are and how corrupt or not corrupt he is,
00:39:33.380 he's pursuing an ideal that almost everyone agrees with on some level.
00:39:38.300 And I think that's why it's so powerful.
00:39:39.060 Except the people who...
00:39:39.960 I think except the people who really believe it.
00:39:41.960 I mean, what was the guy's name, Stu, he had on the air?
00:39:44.620 He used to work with BlackRock.
00:39:46.000 He was the guy who was...
00:39:47.620 You know, he put the E in ESG.
00:39:49.980 And he came out and said, this whole thing is a scam.
00:39:53.480 This is all about money.
00:39:54.800 This is not about actually doing something for the environment.
00:39:59.900 Yeah, well, I think that's true for a lot of people.
00:40:02.480 There's a lot of cynicism.
00:40:03.620 And you see there's a lot of lying, like companies claiming I'm 100% renewable.
00:40:07.000 I'm going to be net zero.
00:40:07.720 This is all nonsense.
00:40:08.920 You know how energy works.
00:40:10.460 But still, what I'm focused on is there's still this moral monopoly on the idea that it's
00:40:14.840 evil to impact nature.
00:40:16.020 It's evil to impact climate.
00:40:17.100 And so our focus should be eliminating our impact.
00:40:19.360 And what I'm just saying is that these profiteers, they look at that debate.
00:40:23.320 They look at that framing.
00:40:24.440 And they say, I'm going to make money off.
00:40:25.960 And that's why I'm focused on the philosophy and the framing versus just trying to go after
00:40:30.800 these individual people.
00:40:32.060 BlackRock just happens to be so influential.
00:40:34.440 I thought it would be a good...
00:40:35.600 They would be a good company to make an example of.
00:40:38.300 So, Alex, last question.
00:40:40.580 I mean, I feel like there is real...
00:40:44.100 Starting to be real movement on the Great Reset.
00:40:47.100 And some of these things.
00:40:48.780 And I know we are a million miles away because we're so far behind.
00:40:53.620 But if people wake up to it and you start speaking with your money and speaking to these
00:41:02.360 institutions as states, locals, and individuals, I think you can beat this.
00:41:10.280 I think so.
00:41:13.260 And I call it the great regress.
00:41:15.280 I think it's very important to put it as a progressive phenomenon.
00:41:18.700 It's really anti-progress.
00:41:20.740 And I hate the idea that regressives get called progressives.
00:41:23.660 And I think what's needed is to have a clear idea that this is evil, that it's statism, that
00:41:28.760 it's a regress, but also to have an idea of progress or being pro-liberty, having a vision
00:41:34.320 for how more liberty will lead to more human flourishing.
00:41:37.180 And I just mentioned that website, energytalkingpoints.com.
00:41:39.420 If you search on that long-term value creation, I put forward a positive alternative to ESG where
00:41:44.620 companies are focused on the long-term without sacrificing to these leftist gods.
00:41:49.140 And I think that that's one attempt to give a positive, not just to pose the negative.
00:41:53.920 Alex Epstein, thank you so much.
00:41:55.320 God bless you.
00:41:55.860 Thanks for all of your hard work.
00:41:56.960 You bet.
00:41:57.260 We'll talk to you again.