The Glenn Beck Program - Best of The Program ｜ Guests： Teeka Tiwari & Rachel Bovard ｜ 1⧸12⧸21

00:00:00.000 Hey! It's another great day in the U.S. of A.

00:00:05.520 We have a really, really good show for you today.

00:00:08.980 Some laughs, some guests that talk a little bit about the future of the Republican Party on where they need to go.

00:00:17.500 It is incumbent upon them to start leading the way.

00:00:21.260 I'm not sure they're going to do it.

00:00:23.000 We outline the plan of how we need to act.

00:00:27.020 We also show you what this show is quickly becoming.

00:00:31.520 We give you a big update right off of the beginning of everything that is happening overnight.

00:00:38.480 And it is happening at a breathtaking pace.

00:00:43.260 Donald Trump just announced another national emergency.

00:00:47.100 All kinds of sweeping powers come with that for the next president.

00:00:51.980 And they're going to use it.

00:00:54.940 And I want to explain where you should be all on today's podcast.

00:00:59.460 And don't forget, you can get a subscription to Blaze TV at blazetv.com slash Glenn.

00:01:03.680 Has there ever been a more important time to subscribe to Blaze TV?

00:01:06.980 I don't think so.

00:01:07.420 I don't think so.

00:01:08.300 BlazeTV.com slash Glenn.

00:01:09.760 They have the $30 off offer is live again right now.

00:01:13.880 $30 off your subscription to Blaze TV.

00:01:16.040 It's blazetv.com slash Glenn.

00:01:17.380 Promo code Glenn.

00:01:18.080 You're listening to the best of the Glenn Beck program.

00:01:32.040 And by the way, that dope that, you know, was wearing the helmet and standing by the speaker's chair that broke in.

00:01:41.580 And he was like, dress because I'm like a military guy.

00:01:44.600 No, you're not, dude.

00:01:46.120 And he had the zip ties for the handcuffs.

00:01:50.020 For all the people I'm going to arrest. 1.00

00:01:52.680 Shut up. 0.97

00:01:54.280 Anyway, he is refusing to eat any of the prison food or the jail food because it's not organic. 1.00

00:02:03.980 And, uh, well, sucks to be him. 0.93

00:02:08.840 Uh, Stripe.

00:02:10.860 Most people don't know what Stripe is, but Stripe is extraordinarily important.

00:02:18.140 Stripe is a processing, uh, system that if you are doing any kind of business online and it takes a credit card, it's usually done by Stripe or a couple of other companies.

00:02:30.060 Uh, and if you don't have Stripe, you can't process anything online.

00:02:37.400 Stripe is no longer processing payments for President Trump's campaign website, uh, or any of his, uh, you know, t-shirt sales or, or anything else.

00:02:47.960 That's wonderful.

00:02:49.160 Shopify has taken down all Trump organization and Trump campaign stores offline.

00:02:55.060 So Shopify, I mean, you can't process your credit card, um, and you can't even find the website or you can find the website, but they don't have anything for sale now because Shopify is also another, if you will, plug in, if you will, uh, that people use to sell stuff.

00:03:14.120 So you got that going for you, uh, the ABC news political director, uh, said, um, I don't want to quote him here.

00:03:24.620 Um, Trump will be the ex president in 13 days.

00:03:29.020 The fact, the fact is that getting rid of Trump is the easiest part quoting cleansing.

00:03:37.020 Cleansing the movement he commands is going to be something else.

00:03:41.460 Oh, I love it.

00:03:43.500 When we talk about cleansing movements, nothing ever bad happens.

00:03:47.960 Like when you use the word cleansing, I can't remember any, uh, it's always worked out really well.

00:03:54.740 Apparently we've all forgotten.

00:03:56.420 We've all forgotten things that we said.

00:03:58.540 Hey, let's not forget this.

00:04:00.580 We've all forgotten those things.

00:04:02.300 It's weird.

00:04:03.680 Yeah.

00:04:03.960 Again, I think it's a soap thing.

00:04:05.700 I'm really fuzzy on it, but the word cleansing.

00:04:09.160 Oh, and by the way, he knew that was bad.

00:04:11.280 He deleted that tweet.

00:04:13.660 So we got that going for us, but he still has his job.

00:04:17.260 Don't worry.

00:04:17.660 And he will forever.

00:04:19.540 Don't worry.

00:04:19.980 They would never fire the political director of ABC saying we just need a good cleansing.

00:04:26.280 Hey, all you people get into this shower over here.

00:04:30.200 They'll read into every Republican comments to say that they were inciting riots, but you

00:04:35.400 know, people tweeting about cleansing movements.

00:04:37.800 There will be no repercussions for that whatsoever.

00:04:40.720 Yeah.

00:04:41.460 Um, okay.

00:04:42.300 So the president, I told you just declared a national emergency, uh, because of what they

00:04:49.840 say is coming, uh, I think there are many things that I believe that I shall never say, but I

00:05:00.900 shall never say the things that I do not believe.

00:05:03.100 Okay.

00:05:07.440 So, uh, there is a, this event next week, uh, and they're calling for armed insurrection

00:05:15.960 in all of the state capitals and in Washington, DC, uh, don't do it, but he declared a national

00:05:23.740 emergency because of that CNN.

00:05:26.820 CNN, uh, their senior media reporter is demanding the targeting of conservative media outlets who

00:05:35.800 have ignored their anti-Trump bias in reporting on the president and his administration.

00:05:41.460 Oliver fricking Darcy demanded conservative news sources be held accountable, suggesting that

00:05:51.120 they must be squelched, an expansion of the so-called cancel culture, TV providers that

00:05:59.440 beam OAN and Newsmax into homes or rush Limbaugh.

00:06:03.660 There are a lot of people profiting off of lies and conspiracy theories, but Oliver works

00:06:09.440 for free.

00:06:10.940 You've heard of Oliver.

00:06:12.040 I'd like more, please.

00:06:13.880 He's a poor little orphan.

00:06:16.120 He just went to CNN because, well, nobody would hire me.

00:06:20.360 Oh, I'd like more, please.

00:06:22.860 And Brian Stelter said, oh, I'll give you a ladle full of slop, me boy.

00:06:28.980 There it is.

00:06:30.360 And little poor Darcy says, oh, please, all these people are making profits and I and CNN

00:06:39.040 are not looking for profit at all.

00:06:42.840 He said this informational environment must be cleaned up.

00:06:47.520 Cleaned up, maybe cleansed.

00:06:50.360 You're on the wrong side, Oliver.

00:06:54.660 Wake up, dude.

00:06:56.860 Facebook now has their preparations for Inauguration Day.

00:07:03.260 Facebook said, we began preparing for Inauguration Day last year.

00:07:08.060 Oh, I'll bet you did.

00:07:08.980 But our planning took on new urgency after last week's violence in D.C., and we're treating

00:07:15.260 the next two weeks as a major civic event.

00:07:19.360 I think that's what Inauguration always is.

00:07:24.860 Facebook is a, quote, major civic event.

00:07:28.200 We're taking the additional steps and using the same teams and technologies we use during

00:07:36.180 the general election to stop misinformation and content that could incite further violence

00:07:41.860 during these next few weeks.

00:07:43.040 You know what I love about Facebook is they're so smart.

00:07:46.900 They are so smart. 1.00

00:07:48.840 Dummies like me thinking think that if you silence and call half of the country idiots, morons, 1.00

00:07:59.520 deplorables, racists, revolutionaries that just want to overthrow the government. 1.00

00:08:07.740 If you do that for a long period of time, and then when they finally say, hey, I'm not

00:08:13.080 that, then you silence everyone.

00:08:16.760 See, I would think that would make things worse.

00:08:19.320 But Facebook, they have AI helping them, so they know better than I do.

00:08:26.480 Gosh, I'm glad they're in control of things.

00:08:29.300 We're now removing content containing the phrase stop the steal under our coordinating harm policy

00:08:35.080 from Facebook and Instagram.

00:08:36.440 We removed the original stop the steal group in November and have continued to remove pages,

00:08:42.020 groups, and events that violate any of our policies, including calls for violence.

00:08:46.840 Strangely, not Antifa.

00:08:49.400 Strangely.

00:08:50.060 Maybe they haven't gotten to the A's.

00:08:52.840 Maybe they're, well, it starts with the A's.

00:08:56.120 So, well, they're just smarter than us.

00:08:58.540 They have a different alphabet.

00:08:59.860 They're starting up with the S's. 0.94

00:09:03.680 Stop the steal.

00:09:05.540 And A must come after that in the alphabet.

00:09:08.320 I'm not sure.

00:09:10.180 Now, New York state troopers say they're not going to watch the streets of New York.

00:09:17.680 That's not what they do.

00:09:20.140 They are not going to replace the cops on the streets of New York.

00:09:26.220 Oh, well, that's not going to cause any problems.

00:09:29.460 And you know what?

00:09:30.340 I support you, New York state troopers.

00:09:32.880 That's not your job.

00:09:34.460 You're going to be asked to go in and do things that you have to do and you know are right to keep the peace.

00:09:41.480 But they will tie your hands and the first person that tries to beat you to death. 0.96

00:09:47.300 If they're not a Trump supporter, nobody's going to say a damn word about it. 0.98

00:09:52.760 I support you, state troopers. 0.67

00:09:55.640 But I warn you, this is going to make things worse.

00:10:00.040 It's almost as if this has been designed to be bad, right?

00:10:05.840 Of course, it's not.

00:10:07.000 An Idaho Internet company has blocked Facebook and Twitter over censorship.

00:10:15.660 So they censored because they're a private company and they can censor and say who is on their platform and who is not.

00:10:24.080 So this Internet company said.

00:10:28.200 Yeah, well, we're a private company and we disagree with Facebook and Twitter,

00:10:33.700 so we're blocking them on our service.

00:10:39.800 Guess what Facebook and Twitter are doing.

00:10:43.240 They're suing the Internet company up in Idaho because they say they don't have a right to say who could be on their platform and who can't.

00:10:51.340 Even though they're a private company, they can't do that.

00:10:54.100 Oh, really?

00:10:58.660 Boy, I would hate it if any Internet providers would join this Idaho company and do exactly the same to Facebook or Twitter,

00:11:11.140 because I'd just be so curious to see how this would work out in the Supreme Court.

00:11:17.820 Good chance it doesn't work out in our favor.

00:11:21.060 Who would have thunk that?

00:11:22.540 But why?

00:11:27.100 Why wouldn't it work out in our favor?

00:11:29.840 Hmm.

00:11:31.280 They can block people because they don't like what they're doing and they can do it because they're a private company.

00:11:38.340 But this Internet provider, they say no.

00:11:44.100 And you know what Facebook says is that's why we need net neutrality.

00:11:49.340 I get really worried about these restrictions.

00:11:53.920 Let the private company do what they want.

00:11:57.180 If the Idaho company wants to say you can't go on Twitter, which, by the way, they did give you the option of opting in to getting to Twitter or Facebook.

00:12:04.640 They just changed the choice structure.

00:12:07.620 And that's that's totally OK.

00:12:09.980 You can ask Cass Sunstein.

00:12:11.020 Just change the choice structure if you want something to happen.

00:12:14.080 Well, Cass Sunstein, he's one of those smart guys that, oh, I so respect.

00:12:18.040 So, yeah, you're right on that choice structure.

00:12:20.440 Thank you for reminding me of that.

00:12:22.020 Yeah, it's been a while since we've been a while since we've been on the, you know, the dangerous, the dangerous path of questioning Cass Sunstein.

00:12:31.380 It's been a long time since we've been on that dangerous path.

00:12:33.920 And my gosh, we've learned a lot since, haven't we?

00:12:36.260 Oh, we sure have.

00:12:37.440 We're not going to go down that road.

00:12:38.860 I'll tell you that right now.

00:12:40.000 This is what I fear about this stuff, though, because you're right. 0.99

00:12:42.460 Taking away the opportunity for a private company to do something stupid brings in the government, giving them the opportunity to do something stupid. 1.00

00:12:54.080 OK. 1.00

00:12:54.300 And that does not work out well.

00:12:55.780 You think that there's no one to run to with Facebook and Google or wait until Facebook and Google are in bed with the government.

00:13:02.920 Yeah.

00:13:03.280 Then who do you run to?

00:13:04.680 China? 0.73

00:13:05.980 China.

00:13:06.420 There's a story out today about how Angela Merkel is pissed off that they banned Trump from Twitter.

00:13:13.140 Yeah.

00:13:13.620 And you see that.

00:13:14.920 You're like, well, good.

00:13:15.720 At least someone's standing up.

00:13:17.060 Oh, no, no, no.

00:13:17.980 Someone's taking a stand here.

00:13:19.360 Don't do that.

00:13:19.960 That was my initial reaction. 0.98

00:13:21.160 I'm like, because it is ridiculous. 0.96

00:13:23.000 Right.

00:13:23.320 Even you could argue, OK, a regular person, maybe Twitter wants to moderate in some way.

00:13:30.280 It's their private company.

00:13:31.160 But a world leader should be able to be on record.

00:13:33.480 You know, I want to know what Trump is thinking.

00:13:35.580 I want to know what what Biden is thinking.

00:13:37.740 You throw them off of Twitter.

00:13:39.560 We might not know that.

00:13:40.500 That's an important thing for history for all of us.

00:13:43.060 However, that's not what Angela Merkel is saying at all.

00:13:45.200 No, no, no.

00:13:46.080 She's saying she's mad that a private company has the ability to censor someone when that should be what the government is doing.

00:13:54.160 Yes.

00:13:54.560 The government should be censoring.

00:13:56.020 How dare you?

00:13:56.900 That's our job.

00:13:57.580 That's our job.

00:13:58.120 That's our job to deperson people.

00:14:00.420 That's really what you're saying.

00:14:01.880 And I'm really upset about Deutsche Bank, which I'm pretty sure is German, for no longer allowing any loans or any business to be done with any Donald Trump organization.

00:14:14.600 That's not the right of that German Nazi, that German bank. 0.81

00:14:18.420 Wait, how did you get German?

00:14:19.760 That's how did you get German out of that? 1.00

00:14:22.040 Deutsche?

00:14:22.600 Deutsche is probably Dutch. 0.78

00:14:24.820 Probably means Dutch.

00:14:27.160 Dutch in German, but it probably means Dutch.

00:14:33.020 Oh, got to laugh.

00:14:35.400 Got to laugh.

00:14:37.620 The best of the Glenn Beck program.

00:14:44.860 Bitcoin.

00:14:46.180 Well, that's weird.

00:14:46.940 This is something that the average person is not talking about.

00:14:49.940 But then again, your marriage could be on fire along with your car and your house and with everything that's going on in the world.

00:14:56.760 You might not even have time to talk about your house and your car on fire.

00:15:01.720 So people have been watching it.

00:15:04.400 We've been watching it.

00:15:05.440 It's actually what Tika Tiwari talked about.

00:15:08.800 What, like three years ago, two years ago?

00:15:11.120 I remember that.

00:15:11.680 Yeah.

00:15:11.800 And he was on.

00:15:12.720 He said, it's going to go up to 50 grand.

00:15:14.540 It's going to move quickly.

00:15:15.800 And I said, I believe you, but the timing, you should probably not say real fast, because I'm always wrong with timing.

00:15:25.340 Well, it turns out that he's right.

00:15:26.740 And there's a reason why Bitcoin didn't go up.

00:15:30.740 And we wanted to bring Tika on with us.

00:15:33.900 Welcome to the program, Tika.

00:15:35.080 How are you?

00:15:36.700 I'm doing great, Glenn.

00:15:37.900 It's great to be back.

00:15:39.020 Thanks for having me.

00:15:39.740 So I wanted to talk to you about, now that it has broken, can you explain the bubble that the Trump administration popped, if you will, in 2017?

00:15:53.660 Yeah.

00:15:54.100 Let me first say that you did warn me when we were on air.

00:15:57.040 You said, I said, Bitcoin will be $40,000.

00:15:59.840 And you said, Tika, are you sure you want to say that?

00:16:02.220 Are you really sure you want to say that?

00:16:04.740 And, you know, something I prided myself on, Glenn, is that if I believe something, I'm not going to hide it.

00:16:09.580 I know.

00:16:09.900 I'm going to say it.

00:16:10.880 And everything told me that it was going to go there.

00:16:13.960 And when it didn't go there, I was shocked.

00:16:17.240 I said, you know, I had to look in the mirror and say, did I just get this wrong?

00:16:21.500 And fortunately, I stayed the path.

00:16:24.440 And here we are, you know, 33,000.

00:16:26.280 We've been at 40, above 40.

00:16:27.540 So it came to light that Giancarlo, who was the former head of the CFTC, came out, Christopher Giancarlo, who came out and said, one of the untold stories of the past few years is that the CFTC, the Treasury, the SEC, and National Economic Council director at the time, Gary Cohen, believed that the launch of Bitcoin futures would have the impact of popping the Bitcoin bubble.

00:16:51.740 And it worked.

00:16:52.680 So you had some of the most important levers of government policy at work trying to push down Bitcoin.

00:17:01.860 And that's why we didn't go to 40K, Glenn.

00:17:04.700 And it finally dawned on me, like, oh, OK, so this is what I was up against.

00:17:09.740 Well, I know this to be true with gold.

00:17:11.840 In the 1980s, they suppressed gold with tips and everything else.

00:17:16.320 They found ways to suppress the price of gold because gold was an indicator of how solid is our economy and the dollar.

00:17:26.260 And so they have suppressed it.

00:17:27.560 Gold should be probably three to five thousand dollars an ounce if you had the restrictions on it, the fewer restrictions on it that we had in the 1980s.

00:17:38.120 The concern here is, I mean, it was up to, what, 42 last week?

00:17:43.760 42.

00:17:43.980 Yeah, it's down to 33.

00:17:46.940 By the way, I took your advice.

00:17:49.240 I bought more and I'm thrilled that I did.

00:17:53.020 But the scary thing is, again, they're starting to, it's coming down.

00:18:01.480 I don't know why.

00:18:03.000 Do you know why it's coming down?

00:18:05.520 Yeah, I mean, Bitcoin's got up 380% over the last year.

00:18:09.400 It needed to take a breather.

00:18:10.920 I mean, if you look at stocks like Amazon, Apple, Google, when they were in their early growth phases, they would go through processes like this.

00:18:17.980 Even Tesla, where it would be hated and then they'd knock it down and you'd get this exchange from weak hands to strong hands and then it would move up again.

00:18:26.440 I'm actually very happy, Glenn, to see Bitcoin take a breather here because parabolic strength moves up don't happen.

00:18:33.100 They crash.

00:18:34.040 And so they crash.

00:18:35.620 So this is great. 0.97

00:18:36.580 I would love to see even Bitcoin coming a little bit more, trade sideways for a few months, have people tell me I'm an idiot for buying it. 0.58

00:18:43.860 Would love to see that. 0.85

00:18:45.040 You know, right now I'm the most popular guy at the party.

00:18:47.320 I never liked that.

00:18:48.920 So I would love to see more skepticism grow around.

00:18:53.380 I agree.

00:18:54.100 I would like to see it at 25, quite honestly, because I think that's really healthy and then take another spurt towards it.

00:19:01.780 This is being called digital gold now, that a new generation looks at this as digital gold.

00:19:11.260 This is not what we saw the first time that it hit $20,000 when everybody was like, I'm mortgaging my house and buying Bitcoin.

00:19:19.140 This is not happening at the low level investor.

00:19:23.240 And by the way, you can still buy Bitcoin, even if you have $100.

00:19:26.580 You just don't buy one.

00:19:27.880 You buy a fraction of one.

00:19:29.060 But that's not what's happening here.

00:19:32.820 This is actually big investors, right?

00:19:36.740 We're seeing the institutionalization of Bitcoin.

00:19:39.420 And if you remember, in 2018, I was on your show and I begged everyone.

00:19:43.440 I said, don't believe these institutions.

00:19:45.760 Remember Jamie Dimon called Bitcoin a Ponzi scheme?

00:19:48.640 Yes.

00:19:49.040 He said he'd fire anybody that was trading it.

00:19:51.180 Correct.

00:19:51.280 Well, guess what?

00:19:51.960 They just put out research saying that Bitcoin's worth $146,000.

00:19:56.320 And I called that in 2018.

00:19:57.960 I said, once these guys have the regulatory framework in place, they're going to come out and they are going to put their marketing machine behind Bitcoin.

00:20:06.280 Citigroup, which three years ago said that Bitcoin was worthless, just came out and said that Bitcoin's going to go to $300,000.

00:20:13.720 Citigroup, Glenn.

00:20:15.120 Citigroup.

00:20:15.640 So everything we talked about in 2018 is starting to happen.

00:20:19.720 I wish it happened faster.

00:20:21.600 Of course, we always wish these things happened faster.

00:20:24.380 But I would say anybody listening today is don't focus on the day-to-day.

00:20:28.980 Focus on the trajectory of this asset and focus on the people that are buying it now.

00:20:33.880 And the people that are buying it now are people like MassMutual that has $230 billion under management, 169-year-old insurance company.

00:20:42.060 Companies like Michael Saylor has put a billion dollars into this through his public entity.

00:20:46.640 The major banks that have now been given clearance to both custody, trade, and create products around crypto, which they could never do before.

00:20:57.800 So now that they've figured out a way to make money from it, Glenn, guess what?

00:21:01.460 They're going to write reports about it.

00:21:02.980 They're going to get their clients into it.

00:21:04.640 And you will see, again, I'm not going to paint myself in a corner like I did last time, but I think we will see $60,000 Bitcoin far faster than most people imagine.

00:21:16.580 And at some point here, I'm not saying it's going to happen this year, but we'll see $100,000 Bitcoin.

00:21:22.120 At the end of the day, there is no other asset that can hedge you the way that Bitcoin can.

00:21:28.920 Sure, gold can to a certain extent, but gold's already a $10 trillion market, right?

00:21:34.020 You're not going to see gold go up 10 or 12 or 15 or even 8x anytime soon.

00:21:39.820 And as you said, gold's a political medal.

00:21:42.500 It's really depressed by government, overt government policies.

00:21:48.100 Bitcoin still has a great deal of freedom because it is decentralized.

00:21:52.000 It's much newer.

00:21:52.940 It's much smaller.

00:21:53.920 And we've seen that no matter how many shots you take at Bitcoin, it keeps coming back.

00:21:59.980 The other thing I would say is if people keep calling Bitcoin a bubble,

00:22:04.020 how many bubbles, Glenn, do you know that are 10 years old are worth a half a trillion dollars or more and keep making new highs?

00:22:11.220 At what point do we say, okay, this isn't a bubble.

00:22:13.820 This is a new asset that sure goes through booms and busts, but it's not a bubble asset.

00:22:21.740 I do believe this is the cotton gin, the internet.

00:22:26.000 This is going to change the financial world.

00:22:29.380 And it is one of those things that you, the average person could invest in right now.

00:22:35.480 And at this point, it still could be game-changing for your family, game-changing.

00:22:42.060 And especially when the dollar begins to really lose value, people are going to be looking for something of other value.

00:22:50.220 And that's gold, silver, Bitcoin, land.

00:22:53.140 And I mean, it's hard assets like this.

00:22:58.720 Everybody listening today, whether you buy Bitcoin or not, I would tell you, do you want to own an asset, cash, that got diluted by 23% last year?

00:23:08.620 It's okay to dilute an asset if you've got offsetting growth.

00:23:12.500 But we don't have offsetting growth.

00:23:15.200 23% more dollars were printed last year, and the economy went down.

00:23:21.440 That's a recipe for a destruction of buying power. 0.96

00:23:25.480 You owe it to your family to protect your buying power.

00:23:28.820 Maybe you'll do it in land.

00:23:30.180 Maybe you'll do it in some type of equipment.

00:23:32.620 I'm doing it in Bitcoin.

00:23:34.680 That's my choice.

00:23:36.480 Tika, and there's trillions of dollars more to be printed here in the coming Biden administration.

00:23:41.700 Trillions.

00:23:42.500 Tika, one of the things I think is interesting to me, and also I think the audience when it comes to Bitcoin,

00:23:47.620 is the idea that it's a currency that can't be printed forever.

00:23:51.700 There's only going to be, what, 21 million of them of all time.

00:23:55.360 And then there's nowhere to go but the value to be up.

00:23:57.920 There's scarcity there.

00:23:59.280 In addition to that, though, there are reports that up to 20% of the existing Bitcoin are lost and will never be recovered.

00:24:07.620 You think it's more than that?

00:24:08.700 It's at least six or seven million Bitcoins are gone forever.

00:24:12.520 Oh, my gosh.

00:24:13.380 If you never have.

00:24:13.940 So that means there's maybe 11 million in the active float right now.

00:24:18.180 That's it.

00:24:18.620 There's 35 millionaires in the world.

00:24:21.100 And if every one of them want to own a Bitcoin, they can't.

00:24:24.320 Think about that.

00:24:25.740 They can't.

00:24:26.840 Wow, that's amazing.

00:24:28.960 I mean, you just think as this goes on, there was only a few more million Bitcoin to go and many, many are lost.

00:24:36.340 Many more could be lost.

00:24:37.660 The scarcity is really something that it almost seems like inertia is going to push this thing higher no matter what happens.

00:24:45.220 That's been the truth.

00:24:48.240 Look at 2009 to now.

00:24:50.860 Look at it.

00:24:51.380 You didn't have to be a genius.

00:24:52.820 You just bought and you hold and didn't worry about the 80% drops. 1.00

00:24:55.880 Shut up. 0.99

00:24:56.580 That's been the truth. 1.00

00:24:57.480 Shut up. 0.99

00:24:58.400 I figured this out the other day. 0.99

00:25:00.200 When Mark Andreessen, I sat at a private meeting with Mark Andreessen, and he told me.

00:25:06.380 This story makes me sick.

00:25:07.760 Oh, yeah.

00:25:08.100 He told me, you got to buy Bitcoin.

00:25:10.180 It was under a dollar at the time.

00:25:12.720 No.

00:25:13.120 When I heard it again, it was $32.

00:25:17.560 I did the math.

00:25:18.820 If I would have taken the small investment that I made three years ago, four years ago, whenever, it would have been worth $250 million today.

00:25:32.480 Oh, my gosh.

00:25:33.380 $200.

00:25:33.980 You think I'd be here?

00:25:35.620 I'd be gone.

00:25:40.080 Gone.

00:25:40.640 I know you'd still be there.

00:25:43.400 Yeah, I know.

00:25:44.220 But I'd be happier.

00:25:45.680 The thing is, is that I don't think this is any different than that.

00:25:54.040 And people will see it's $33,000 a Bitcoin.

00:25:57.420 You don't have to buy a Bitcoin.

00:25:59.300 You can buy a little bit of one.

00:26:01.380 A little slice.

00:26:02.580 And it's well worth it, I think.

00:26:05.220 I think.

00:26:05.720 One last question.

00:26:07.900 I see the stock.

00:26:09.740 I could be wrong.

00:26:10.480 But I think the stock market after the inauguration will have a correction as well and possibly a big correction.

00:26:19.260 And it doesn't mean I don't want to get into the timing because I'm always wrong.

00:26:23.140 But it's coming.

00:26:24.280 And that's usually when a big correction comes.

00:26:27.760 People who have a lot of money and buy on margins have to sell their gold, have to sell their assets, and they dump them.

00:26:35.200 So should we be looking for another big dip in Bitcoin if the stock market comes down?

00:26:42.400 I am praying for one.

00:26:44.660 I don't know if my karma is good enough to get one.

00:26:49.960 I'm praying for one.

00:26:51.400 I would love to see $25,000.

00:26:53.260 I know that will freak a lot of people out.

00:26:55.240 But I would love to see $25,000.

00:26:57.320 And I would love to buy some more.

00:26:58.960 The bottom line is there's never been – if you've had at least a three- to four-year time frame, there's never been a bad price to own Bitcoin.

00:27:08.540 Think about that.

00:27:09.220 How many assets can you say that's true for?

00:27:12.220 None.

00:27:13.420 Tika, thank you so much.

00:27:14.880 God bless.

00:27:15.800 Glad to have you on again.

00:27:17.540 Thank you.

00:27:21.400 This is the best of the Glenn Beck Program.

00:27:24.640 We welcome Rachel Bevard on with us.

00:27:35.960 She is the Senior Director of Policy, Conservative Partnership Institute, the co-author of the book, Conservative, Knowing What to Keep.

00:27:44.760 She's really, really good at looking at where we are in the political landscape and where do we go from here.

00:27:56.300 So we wanted to get her on.

00:27:57.500 Rachel, how are you?

00:27:59.420 I'm doing well.

00:28:00.380 Thanks for having me.

00:28:01.120 You bet.

00:28:01.560 You bet.

00:28:02.740 Let's just talk about the political landscape here for a second.

00:28:08.600 You know, there's a national emergency that has been declared by the president.

00:28:12.640 They are trying to impeach the president.

00:28:15.680 The reason why he, in case you don't know this, I know you do, but in case the audience doesn't know this, the national emergency revolves around this big, you know, carry your guns to the state capitol next week and surround your state capitol and come armed to the inauguration.

00:28:36.540 I mean, it's just a horrible idea that will end with the Second Amendment being decimated if, God forbid, there's any problems.

00:28:46.480 Tell me about the political landscape and where do conservatives stand right now?

00:28:53.120 And then we'll move forward.

00:28:54.140 Well, I think you have a couple of things going on here.

00:28:58.800 You know, the first is obviously that the violence at the capitol was appalling.

00:29:02.940 And I think, you know, those protesters failed at their goal.

00:29:06.140 And the result will be to marginalize a lot of the voices that I think have very legitimate aims.

00:29:11.440 And, you know, but I think that speaks to a broader point, which is that, look, I think, well, we should not condone what happened at the capitol.

00:29:19.300 We should denounce it.

00:29:20.380 We should still seek to understand why thousands of people, you know, drove to the United States capitol, spent their own money, you know, to to bring legitimate legitimately held feelings of disenfranchisement, of, you know, grievance about how their politicians were not representing them.

00:29:37.340 The majority of those people were not violent.

00:29:39.740 And I think it's incumbent upon the Republican Party and Democrats as well to understand what it was that drove those people.

00:29:45.720 Well, I said I said on Wednesday night, there are many reasons that need to be explored, but there are no excuses for what happened.

00:29:57.420 But there are many reasons.

00:29:58.820 And we have to talk about those reasons because they're only making things worse.

00:30:03.880 That's right.

00:30:04.560 And that's where I think you see now the opportunists on the Democratic side, in Congress, in the media, in levels of corporate power, basically using what happened as an excuse to do what they've always wanted to do, which is to silence their opposition, to silence any meaningful debate or trying to understand what happened, trying to find a clear way forward.

00:30:24.520 They want these people out of public life, and they're going to use every lever of power that they control to do so.

00:30:30.220 And that is going to serve to just inflame the situation, and it's going to bring more destruction, more marginalization at a time when we need to be doing some deep thinking about why this happened.

00:30:40.760 So is there any moderating force at all in the Democratic Party?

00:30:47.100 I mean, yesterday, I hear, oh, it's time for healing and coming together, and we're going to give, you know, the stimulus package to everybody except white men. 0.69

00:30:57.140 And I was like, what are you doing?

00:30:59.580 What are you doing?

00:31:01.000 Is there any moderating factor at all that we can count on or that we can hope for?

00:31:06.620 This is the scary thing, is that it's very hard to point to any moderating influence at this point, because you have politicians, big, you know, Democratic politicians now working in tandem with corporations and the news media.

00:31:23.040 So we're not just dealing with a political party here.

00:31:25.100 We are dealing with an operation of collusive power to try to silence, you know, a group, not just individuals, but entire swaths of the American people because they hold views they don't like.

00:31:35.140 There's a reason that Michelle Obama didn't go to Congress to say, shut down this rhetoric. 1.00

00:31:40.600 She went to big tech.

00:31:41.700 She made a public appeal to Mark Zuckerberg to eliminate political opposition.

00:31:45.880 Same with Joe Manchin, did the same thing.

00:31:47.960 Alexandria Ocasio-Cortez tried to get Twitter to remove her previous tweets supporting protests.

00:31:53.680 OK, this is the level of collusive power that we're seeing, and it's dangerous.

00:31:57.600 OK, so let's let's stop there for a second, because you've just written a really great article on Section 230.

00:32:02.480 You know, there's a lot of people that look now at the conservatives and they're like, you guys haven't done jack.

00:32:10.280 You haven't done jack on any of this stuff.

00:32:12.580 But they're kind of in a rock and a hard place because we don't want more government regulation.

00:32:17.940 That, I think, is what Mark Zuckerberg wants.

00:32:20.940 They want more regulation because they'll help write the bill.

00:32:24.520 Section 230 is kind of this unicorn out there that we're all hoping, you know, that, you know, pigs can fly and wishes or horses that this will stop and and turn things around.

00:32:40.360 Do you believe in Section 230? 0.97

00:32:42.780 Is there anything we can do that can stop them that won't bite us in the ass in the in the in the end? 0.68

00:32:48.660 So I think the conversations around Section 230, you know, were useful and instructive because it is a government subsidy that goes to these industries.

00:32:57.480 But to your point, I do think it presents a lot of challenges.

00:33:00.440 And I think at this point, it's almost child's play.

00:33:03.260 I think we've almost moved beyond Section 230 for reining in big tech.

00:33:07.080 I think we've seen how powerful they are.

00:33:08.940 And I if I I'm on the right and I'm screaming for antitrust enforcement after what those companies have done to Parler and other alternatives.

00:33:16.360 Is there anyone? I mean, I know Elizabeth Warren wants, you know, harsh regulation. 1.00

00:33:21.880 Is there anyone that's proposing anything on the left that we that is acceptable to us that you have seen?

00:33:29.940 So I haven't seen anything on Section 230 that I think from a conservative perspective solves any problems for me.

00:33:36.600 I think worse.

00:33:38.360 But I do think there is some bipartisan cooperation on antitrust.

00:33:42.760 And I'm not suggesting a politically motivated enforcement.

00:33:45.560 I'm talking about using the laws that we have on the books, because remember, antitrust enforcement is law enforcement.

00:33:51.640 Right. It's not new regulation.

00:33:53.220 It's saying is there are there laws being broken in the market?

00:33:56.060 If there are, we should prosecute those.

00:33:57.820 We don't tolerate amnesty in any other area.

00:33:59.780 Why should we tolerate it for big tech?

00:34:02.040 And so there is some cooperation on that point.

00:34:04.420 Congressman Ken Buck from Colorado is a Republican, a conservative member of the House Freedom Caucus, has really taken a leadership role on this front.

00:34:11.600 He doesn't agree with some of what Democrats want to do, but he has proposed areas where I think Republicans, Democrats can work together because, look, these companies are now changing our democracy.

00:34:21.340 They're changing the way that we live together and interact.

00:34:23.980 They're changing who can speak.

00:34:25.400 Not only that, but who can hear.

00:34:27.280 Right. And that is having dangerous effects, I think, on how we live as a free society.

00:34:31.800 So there has got to be action on this front.

00:34:35.280 And I'll tell you, you know, one other thing about antitrust.

00:34:37.460 I don't have a problem in theory with companies deciding who speaks on their platform.

00:34:41.780 Right. The companies do have First Amendment rights in that regard.

00:34:44.540 The problem I have with it is that Facebook isn't doing it for 20 percent of the world.

00:34:48.340 They're doing it for 99 percent of the world.

00:34:50.480 Yes. And that is a problem that I think needs to be looked at.

00:34:53.440 And so antitrust can play a role here.

00:34:55.480 I think Republicans have to get serious about it.

00:34:57.320 So there is a Internet company, North Idaho Internet provider, and they have now banned.

00:35:08.860 They've now banned Facebook and Twitter from from their services.

00:35:14.100 So they're not they're not carrying those.

00:35:16.920 They're blocking them in northern Idaho in the Spokane area.

00:35:19.900 And immediately Twitter and Facebook said, you can't do that.

00:35:27.580 And they said, well, wait, we're a private company.

00:35:30.860 We can say if you can say this.

00:35:33.380 Why can't we say this?

00:35:35.740 I mean, I would love to see I'd love to see a bunch of Internet providers do this so we could go to court with it.

00:35:42.100 But is there a difference between this that that you can think of?

00:35:46.020 Well, this is the double standard, right, that exists for tech and for everyone else.

00:35:53.260 It's not just ISPs, right?

00:35:54.860 It's tech doesn't isn't subject to the same liability that newspapers are, that other First Amendment actors are because of Section 230.

00:36:01.040 They occupy a privileged position in many ways.

00:36:04.360 And I think the hypocrisy that you're pointing to here is that, you know, ISPs, to a certain extent, operate like common carriers.

00:36:10.480 You know, they can discriminate, but it's very difficult for them to do so.

00:36:14.040 But again, you have Amazon Web Services, which is almost de facto a common carrier at this point, yet they don't have to operate by the same rules.

00:36:23.900 And that is something I think that is going to be a point of debate on the right in the months to come is have these companies risen so powerful and become so, you know,

00:36:35.640 the scale is so large that they now sort of control the public square.

00:36:40.740 If that is true, should they be subject to some sort of responsibility, liability, compliance, responsibility that they aren't now?

00:36:47.400 And that's, I think, going to be a question that's going to be posed to the right in the foreseeable future.

00:36:51.520 Let me let me let me ask you a very important question.

00:36:58.380 And if you're not if you have any doubt on on being exact in your language on this, just pass on the on the answer.

00:37:07.540 And I accept that.

00:37:10.320 Rachel, I am I'm very concerned.

00:37:13.580 I have to every day come on and and talk to people who are very angry, justifiably so, see their country being torn apart,

00:37:25.120 see what could very well be the beginning of what happened in Venezuela.

00:37:31.280 And and they want to do something.

00:37:34.220 There are forces on the right and the left and the fringe that say it's revolution time.

00:37:41.420 It is not revolution time.

00:37:43.920 But what can the average person do?

00:37:48.140 What I mean, they feel like they've run out of options.

00:37:53.260 Well, I agree with you that it is not revolution time.

00:37:56.140 And I say this having spoken to people that have come from countries that have recently undergone revolution.

00:38:01.760 Yeah, I do not want that here.

00:38:03.780 It's awful.

00:38:05.240 You know, so I do not endorse that in any way.

00:38:09.040 But I feel I feel for them because I think a lot of us feel like our voices are not being heard.

00:38:15.420 But at the end of the day, our politics is what needs to save us.

00:38:19.500 Our politics, our process of government, our self-government has always been how we have worked out these problems.

00:38:26.360 It fails when we don't debate.

00:38:28.520 It fails when we don't vote, when we don't have a forum to air these concerns in a, you know, self-government representative way.

00:38:36.060 I think Republicans take a lot of blame for that.

00:38:38.660 When you shut down and you dismiss your voters, you aren't giving them the voice that our republic demands.

00:38:44.620 And so I think we need to rely.

00:38:47.300 We cannot lose faith in our political system.

00:38:49.740 We have to demand debate.

00:38:52.260 We have to demand deliberation.

00:38:53.700 We have to demand representation.

00:38:55.460 Well, that is really violence.

00:38:56.840 That doesn't mean armed insurrection.

00:38:59.520 That doesn't mean demanding it rhetorically.

00:39:01.620 This is going to be incumbent on the Republicans.

00:39:05.760 They have to stop hating their own voters.

00:39:10.040 They have to stop dismissing them, thinking that they're a bunch of local yokels.

00:39:14.540 And they have to realize who they represent and talk to them in real terms.

00:39:24.860 It's really going to come down to them.

00:39:28.980 And I hope that we have some leadership that understands that.

00:39:34.840 Do you see it on the horizon?

00:39:36.320 Because I don't see it anywhere.

00:39:38.180 Well, I think you're absolutely right.

00:39:39.960 The Republican Party has a huge problem in the fact that it despises its own base.

00:39:44.740 And that is, you know, again, our elections have to mean something going forward.

00:39:48.460 Because, you know, if we can vote these people out, our republic still matters.

00:39:52.960 And I think that's what it's going to come down to.

00:39:55.340 Rachel, thank you so much for a difficult conversation that needs to be had.

00:40:01.780 And I'd love to have you on much more often here in the future.

00:40:06.600 We need to have a dialogue and look to the future and see what we can do.

00:40:12.220 Thank you.

00:40:12.860 Thank you.

00:40:13.440 You bet.

00:40:14.540 Nah, nah, nah, nah, nah, nah, nah, nah, nah, nah, nah, nah, nah, nah, nah, nah, nah, nah, nah, nah, nah, nah, nah, nah, nah, nah, nah, nah, nah, nah, nah, nah, nah, nah, nah, this is what I'm watching.

The Glenn Beck Program - January 12, 2021

Best of The Program ｜ Guests： Teeka Tiwari & Rachel Bovard ｜ 1⧸12⧸21

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