The Glenn Beck Program - How Bad Bunny's Halftime Show EXPOSES the NFL ｜ Guest： Stephen Moore ｜ 2⧸9⧸26

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00:04:17.500 Well, welcome to February 9th, 2026.

00:04:23.640 Yesterday, the Super Bowl happened, and in case you watched it, maybe it was just me, Bad Bunny and TPUSA.

00:04:35.500 That's what I want to talk to you about.

00:04:36.760 And I want to talk to you also about the NFL and what message is the NFL sending, okay?

00:04:42.020 So here's what happened last night.

00:04:45.240 Last night, Bad Bunny comes on stage, and he is getting the most prestigious venue of the year.

00:04:54.600 There is no place that a star wants to be more than playing at the Super Bowl.

00:05:00.140 When you've played at the Super Bowl, that's kind of a sign that you are a cultural icon, okay?

00:05:07.420 Bad Bunny.

00:05:09.100 I mean, he's won a Grammy, but so did Milli Vanilli.

00:05:13.680 So he's won a Grammy, but has anybody listened to his music, really?

00:05:19.600 Well, yeah, I guess he's charted all the way up to number 85 on the Billboard charts.

00:05:29.960 That's his highest position, number 85.

00:05:34.280 You remember Casey Kasem, American Top 40?

00:05:38.340 That's more than twice the distance from number one.

00:05:43.760 This is America's Top 85.

00:05:47.400 Nobody knows what's number 85.

00:05:48.900 That is, that's not playing a role in the culture of America.

00:05:53.120 And this is supposed to represent our culture.

00:05:58.060 And for a long time, it has represented our culture as we just fall into just Babylon, I guess. 0.95

00:06:09.140 So it has reflected our culture in all of the worst ways.

00:06:13.560 But this one went the extra mile, I think.

00:06:16.980 First of all, there was no English on American television at the biggest American sporting event for about 10 minutes.

00:06:27.600 No English, no English, not a word of English, except God bless America, Puerto Rico, Brazil, Mexico, Colombia, Panama.

00:06:38.040 I mean, okay, that doesn't make it American.

00:06:43.100 That makes it about the Western Hemisphere.

00:06:48.200 But maybe that's what Roger Goodell is trying to say.

00:06:51.480 We're not an American sport anymore.

00:06:54.200 I mean, we know the NFL has already sold.

00:06:55.840 They're sold to China.

00:06:56.680 So, you know, NFL is trying to get people in Europe, but Europe culture, that culture is over. 0.88

00:07:01.740 Um, so maybe he's just saying we're going to just, we're going to be the Western Hemisphere sport.

00:07:08.560 Good luck with soccer, but, you know, go ahead, go ahead.

00:07:13.600 So let me tell you what happened yesterday.

00:07:16.540 Green Day comes on and Green Day doesn't do what they always do.

00:07:20.100 I mean, they're such rebels.

00:07:21.140 I mean, unless, unless they have a Super Bowl contract, then, then they're not so rebellious, I guess.

00:07:26.280 Um, Bad Bunny then comes on during halftime.

00:07:29.960 And if you don't speak Spanish, which I don't, um, you had to go back and read the lyrics of what was being said.

00:07:39.960 Now, because I don't speak Spanish, I just have to assume none of these lyrics were said on national television.

00:07:48.060 Because if I do speak Spanish, I would be writing the FCC if I had children in the room. 0.98

00:07:55.840 But these are the lyrics that supposedly were said, and I can only read a few of them.

00:08:02.580 Yes, so that your panties get wet, get horny and versatile, more slutty than Betty Boop. 1.00

00:08:09.480 Uh, the one who got horny mammy was you stay killing with you. 0.99

00:08:17.180 P with D, P with A, P with D, D with A.

00:08:22.540 Yes, push it in.

00:08:23.700 I mean, okay, your T's are rubbing my N's. 0.94

00:08:29.840 Uh, this year I don't want sluts. 1.00

00:08:33.220 I see you with a lot of jewels and they want to stay, push it in.

00:08:37.560 Uh, I see there, you really active and they want to stay, push it in.

00:08:42.060 Because you look hot because you look hot because you look hot, push it in completely.

00:08:47.720 And then it goes to big A's and big T's and big P's and big C's.

00:08:52.580 And, okay, that's really.

00:08:58.800 That.

00:09:00.360 Here's one.

00:09:01.220 Here's number one that Robert, uh, um, Roger Goodell is saying that's the American culture.

00:09:06.340 That's family entertainment.

00:09:08.720 Because remember the Superbowl is the one time where we all gather as families, older, younger.

00:09:16.020 We all get together.

00:09:17.220 We all have chips and dip and we all watch the game.

00:09:21.160 We watch the commercials, but it's a family night.

00:09:24.100 That's what the NFL thinks is appropriate.

00:09:29.040 At least he wasn't wearing a dress.

00:09:31.880 And I have to be completely, uh, fair here.

00:09:35.900 It was good production value.

00:09:37.600 It was really good.

00:09:38.680 He completely transformed the look of everything.

00:09:41.140 You know, I mean, it was, it was good.

00:09:42.900 It was good.

00:09:44.740 But if those were the lyrics, um, no, I don't think that's appropriate.

00:09:54.100 Uh, then he went on to, you know, uh, you know, make a comment about how the Puerto Rican culture is being appropriated.

00:10:03.060 And during the, you know, during the, uh, hurricane, you know, I guess America, you know, wasn't there.

00:10:09.920 I, I don't, I, I don't know.

00:10:11.560 I, I, I mean, honestly, I don't care that much, but let me show you on the flip side, what TPUSA was saying.

00:10:21.200 And everybody got offended at first because Kid Rock started his set with a song that came out in 1999.

00:10:29.720 It's vulgar.

00:10:30.820 It talks about topless dancers, drinking crooked cops, you know, bastards, all of this stuff.

00:10:36.540 And everybody's kind of like, wait, what is Kid Rock doing?

00:10:39.360 Why?

00:10:39.880 Why?

00:10:40.640 Okay.

00:10:41.000 But then if you follow the story arc, what happened?

00:10:45.920 There's an acoustic set with two people playing a Christian hymn, which is, was meant to be, uh, this according to John Root on X meant to be a bridge, an emotional bridge.

00:10:57.960 Okay.

00:10:59.220 Comes back to Kid Rock with his, uh, with his stage name, instead introduced back to the stage as Robert Ritchie, which is his real name.

00:11:08.260 Okay.

00:11:09.180 Then he plays a revised version of till you can't, which now the revised version ends with lyrics about Jesus Christ.

00:11:19.180 And it talks about his sacrifice on the Christ and encourages people to follow Christ, read their Bibles, blah, blah, blah.

00:11:25.700 This was a redemption story.

00:11:28.840 And nowhere was it push it in.

00:11:33.700 Yeah.

00:11:34.340 Push it in.

00:11:39.160 So what happened yesterday?

00:11:44.660 Well, I mean, the Superbowl is always the biggest of the year.

00:11:48.320 Probably have a hundred million people watching globally.

00:11:50.760 Probably had 50 million people.

00:11:56.860 I would imagine watching the, um, the halftime show, maybe, maybe as much as a hundred million.

00:12:05.940 But today, if you go and you look at the halftime show on YouTube, you'll see that it has 11 million views.

00:12:11.940 Last night, TPUSA had about 6 million people watching it live.

00:12:21.100 However, if you go to YouTube and you see the number of views today, 12 hours later, that number is now over 25 million.

00:12:32.420 I want to give you some perspective.

00:12:33.880 You want to talk about affecting the American culture because you can deride, uh, you can deride TPUSA all you want. 0.60

00:12:41.800 But, uh, let me just give you some perspective of what that actually means.

00:12:48.400 Do you know how many people, uh, would watch, uh, you know, any of these, any of these, uh, shows like, uh, I don't know, American Idol.

00:13:02.000 The average American Idol was getting about 6 million views.

00:13:07.160 Remember the cultural impact that had?

00:13:09.480 That was about 6 million views.

00:13:11.600 They, on their biggest night of all time, they had 38 million views for the finale.

00:13:19.240 Their end of the show would go about 30 million views.

00:13:24.360 Notice what I said in the last 12 hours, TPUSA's halftime show is up almost to where their final, uh, episodes of American Idol were.

00:13:36.520 That was at 30, highest being 38.

00:13:39.440 They're at 25 this morning.

00:13:41.560 By the way, Matlock, which is, I guess, one of the biggest shows on CBS, 9.6 million views.

00:13:56.720 So online, they did almost as much as, well, definitely top five TV shows.

00:14:06.860 And in the first 12 hours did almost exactly what American Idol was doing when it was at its peak.

00:14:18.880 That is affecting the culture.

00:14:22.380 Now, let me tell you about the culture that the NFL is pushing because they sent us a few messages and I'll get to that in 60 seconds.

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00:15:47.280 Ten seconds.

00:15:47.800 Back to the show.

00:15:49.580 So what is the NFL doing?

00:16:02.400 Well, let me start here.

00:16:05.180 Let's just say you're invited to somebody's, invited to somebody's house.

00:16:09.240 Okay.

00:16:10.620 And it's, it's, it's a really big night at their house.

00:16:13.600 They do this party every single year and they've invited you to come for years and it's always been great.

00:16:19.640 You know, you brought your friends and your family, your neighbors, and you bought whatever Tupperware he's selling literally and figuratively.

00:16:27.860 And you've helped make the house the place that everybody wants to be because you've been going, you've been sharing it with your friends, right?

00:16:35.760 And you don't agree on every, on everything, but that's never been the point.

00:16:39.260 The point is for one night, everybody's welcome.

00:16:41.180 Everybody just comes together and has a good time at this host's party, right?

00:16:45.600 But this time, this time, when you get there, instead of hospitality, he starts lecturing you.

00:16:53.140 As soon as you get in, he starts lecturing you.

00:16:55.380 Instead of warmth, he mocks the things that you and your friends hold dear.

00:17:00.560 He doesn't argue.

00:17:02.480 He assumes.

00:17:03.840 He signals that your values are outdated, embarrassing, maybe even dangerous.

00:17:09.380 You've brought your kids, but this year he's bringing strippers and he's been going that way for a while.

00:17:14.980 But now it's just completely over the top and you look around the room and some people are nodding.

00:17:21.680 Other people are quiet, but you and your friends now didn't expect to feel this in a place that you've been welcome.

00:17:30.020 You know, I mean, it's been going that way for a while, but now, I mean, it's really kind of hostile.

00:17:36.120 Then the host gathers everybody for the centerpiece of the night moment.

00:17:39.560 He's been hyping all year and he delivers it in a language that you don't speak at all.

00:17:47.100 Now, how out of place do you feel?

00:17:49.140 There's no transition.

00:17:50.500 There's no bridge.

00:17:52.100 There's no translation.

00:17:54.060 No acknowledgement that half the room doesn't speak that language.

00:17:57.960 Now locked out of the conversation.

00:18:00.600 And while you're trying to figure out, is this guy, does he have different motives or is he just careless and thoughtless?

00:18:06.300 He keeps going, unbothered by your confusion, unbothered by, you know, your silence or your discomfort.

00:18:14.900 At that point, you're not asking political questions anymore.

00:18:18.920 You're just asking a human one, or you should be.

00:18:22.840 Why did he invite me here?

00:18:25.420 Is it just because I'll buy his Tupperware?

00:18:27.640 Because he's insulting me and my family and my values.

00:18:34.020 He's cutting me out of the biggest part of the night by doing it in a language I don't speak.

00:18:40.680 Was this a shared night or was I just invited to have my money taken from me and then be corrected?

00:18:47.680 Not tolerated, not welcomed, but to pay the bill and then to make sure that I understand I don't really belong.

00:18:55.400 Or was I invited to be mocked and humiliated by this elitist host who wants all of his cool friends to see him mock me like all bullies do?

00:19:08.860 Is that why I'm here?

00:19:11.340 I think that's the moment a lot of Americans experienced during the Super Bowl last night.

00:19:16.300 And the NFL should hear something.

00:19:19.020 You're not a preacher.

00:19:21.180 Okay?

00:19:21.580 You're not a church.

00:19:22.780 You're not a preacher.

00:19:23.520 We didn't come to you to hear lessons.

00:19:26.340 You're not a teacher either.

00:19:28.100 You're not a cultural re-education program.

00:19:31.500 You're the host of a stupid game where people make millions of dollars based on my attendance and my watching you.

00:19:40.180 And the host, as the host, your first duty is not to instruct the guests.

00:19:45.440 It's to hold the room.

00:19:46.720 It's to make space where wildly different people can sit at the same table without feeling targeted, diminished, or deliberately excluded.

00:19:54.720 And when you, as the host, repeatedly signal contempt for me, my values, my friends' values, I'm not going to riot.

00:20:07.480 I don't flip tables.

00:20:08.860 I'll just stop coming.

00:20:11.560 I'll just leave.

00:20:13.220 I'll go find another room, which is what happened last night at halftime.

00:20:18.080 Anything that can be replaced that you're doing will be replaced.

00:20:23.440 And then you turn down the next invitation.

00:20:26.360 And once that happens, the host, you know, you can keep the house, but you lose the gathering unless you're a drug dealer and you know that everyone that you've invited is addicted to your product and they'll never stop and kick the habit.

00:20:43.400 Or so you think.

00:20:46.520 Personally, I think you're mistaken.

00:20:48.960 You know, six million people last night peeled away from the network.

00:20:52.460 What's that do to your ratings?

00:20:54.380 Five million, six million peeled away from the network, went online to watch something that doesn't hate them.

00:21:01.900 That speaks volumes about your theory.

00:21:04.700 Eventually, you're going to figure out you're incorrect and it's going to be devastating to you.

00:21:10.300 So if you're asking what all of this means today, it's simple.

00:21:18.080 The NFL declared last night that America is over as you understand it, that the dominant culture is going to be Spanish speaking.

00:21:30.460 And that might be true at some point.

00:21:32.180 It's not today, but that may be true at some point.

00:21:35.620 But that wasn't an easy transition.

00:21:37.840 That was like a hostile takeover.

00:21:40.220 And the NFL was saying, we as Americans, we as the NFL, the National Football League, have decided to declare, you're outdated.

00:21:53.880 This is the dominant culture.

00:21:56.300 Get used to it.

00:21:57.120 And they did it with a guy who charted number 85.

00:22:07.480 They might be a little early on this.

00:22:11.280 But people did not feel included.

00:22:13.580 If I speak Spanish and those were the lyrics last night, I have to tell you, I am outraged.

00:22:21.740 I'm outraged.

00:22:22.900 Those couldn't have been the lyrics because the network didn't bleep any of the words.

00:22:29.960 Did you notice that?

00:22:30.860 There wasn't a single bleep.

00:22:32.140 Well, you couldn't have.

00:22:32.840 So what did he change the words to?

00:22:34.320 At best, if you were watching last night, you felt a little managed.

00:22:40.360 You didn't feel celebrated.

00:22:43.020 You felt a little spoken over.

00:22:46.500 And the question that everybody at the NFL should ask, any host should ask before the house empties out is this.

00:22:52.260 If I were treated this way in somebody else's house, would I come back?

00:22:59.960 The only logical answer to that for the NFL is, yeah, if all of my clients are drug addicts.

00:23:07.780 If I know they'll be jonesing so bad, I can do, listen to this.

00:23:13.700 The only reason why a host would do this to the people he's invited into his house is because they think you're a drug addict that is addicted to their product and they can do anything to you and you won't care.

00:23:32.440 You'll never leave.

00:23:34.740 That's not hospitality.

00:23:36.340 That's a drug dealer mentality.

00:23:38.360 Because hospitality is about respect.

00:23:40.580 And the Super Bowl of all night should know the difference here.

00:23:45.080 The left thinks they own the culture.

00:23:47.940 They preach to us at the Grammys.

00:23:49.920 They preached to us last night at the Super Bowl.

00:23:52.240 I've had enough.

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00:25:24.900 You know, last night after the Super Bowl, I started thinking about watching the Super

00:25:33.000 Bowl with my dad and my family at the house and what it was like and how everything was

00:25:42.500 just simpler back then.

00:25:43.700 I mean, I want to talk to you about culture and childhood.

00:25:47.840 Not childhood is an idea, but what it actually felt like.

00:25:57.040 And it doesn't matter what language you speak or, you know, where you're from.

00:26:01.840 The culture we all should be striving for is the one that doesn't expose, you know, children

00:26:07.760 to grinding and songs about push it in, push it in, push it in. 0.61

00:26:12.240 When did we stop saying, this is not appropriate?

00:26:15.160 When did we stop saying, let kids be kids?

00:26:21.620 You know, in the 1980s, when I was growing up, 70s and 80s, you got up in the morning

00:26:27.320 and you walked to school alone, maybe more with your sister or brother.

00:26:31.220 And it could be a mile.

00:26:32.280 I think, I think my walk was about two miles.

00:26:34.180 I don't know.

00:26:34.540 Maybe it was only a mile, but you didn't think twice about it.

00:26:37.320 This is the way it was.

00:26:38.580 When you got old enough, you took your bike, but you didn't need to take your lock for your

00:26:43.280 bike.

00:26:43.620 You didn't need a lock.

00:26:44.840 You leaned it against the rack or fence or, you know, a tree.

00:26:48.800 And it was still there when you came back because the culture was different.

00:26:53.120 In the summer, you'd, you'd wake up early.

00:26:55.140 You'd pour yourself a bowl of cereal.

00:26:56.740 You'd dig around for the prize at the bottom of the box.

00:26:59.540 That mattered, by the way, you got dressed fast.

00:27:03.020 Not because anybody told you to, but because the day was waiting.

00:27:06.760 You walked to your friend's house.

00:27:08.360 You didn't call first.

00:27:09.340 You just, you know, you just knocked.

00:27:11.820 Hey, can you come out and play today?

00:27:13.920 I'm not even sure what we did all day.

00:27:16.020 I don't even remember what we did all day in the summer.

00:27:19.300 Every day.

00:27:21.000 I honestly don't know, but we were out every day.

00:27:23.400 Sometimes we walked around.

00:27:24.500 Sometimes we would play ball.

00:27:25.920 Sometimes Frisbee, but nothing organized.

00:27:28.760 There were never any adults hovering.

00:27:31.120 There was no schedule.

00:27:32.140 Nobody was driving us.

00:27:37.300 I grew up in the Pacific Northwest, so it rained a lot there.

00:27:40.220 But on rainy Saturdays, I remember if we were lucky, we'd turn on channel 13.

00:27:45.800 Not that there were actually 13 channels, kids, but, you know, there was four.

00:27:51.080 Channel four, channel five, channel seven, and 13.

00:27:54.860 Okay.

00:27:55.700 Channel 13 was the odd man out.

00:27:57.680 It wasn't one of the networks, so it didn't have any new shows.

00:27:59.880 But once in a while on a Saturday, they would run like a Twilight Zone marathon or a Godzilla marathon.

00:28:06.160 And all of my friends would come over and we'd all, you know, sit on the floor.

00:28:09.180 You know, it's raining outside and we'd eat snacks.

00:28:11.320 And honestly, the snacks that I think we probably bought ourselves.

00:28:14.920 I mean, we could get cookies, but, you know, snacks.

00:28:18.860 I mean, not that we were poor, I don't think.

00:28:23.400 But, you know, our moms didn't buy chips and soda. 1.00

00:28:26.300 That was something special, like, say, for Super Bowl days.

00:28:29.520 Okay.

00:28:33.080 But today's, by today's standards, I think maybe we were poor, but I didn't know it.

00:28:39.280 I mean, I don't know.

00:28:41.940 Everybody felt the same back then, you know.

00:28:45.060 I had friends whose dad, one friend, his dad was a lawyer, later a judge.

00:28:50.560 He drove a Cadillac.

00:28:51.760 I had another friend whose dad was a doctor.

00:28:54.740 Their houses were bigger than ours, but not entirely.

00:28:58.140 It didn't have different lives, you know.

00:29:00.420 I guess the difference was they took vacations to exotic places like California, where we didn't take vacations.

00:29:07.820 You know, summer vacation with my family growing up, my grandparents' farm, where you worked.

00:29:13.880 You know, but even there, after you worked, I mean, we were allowed to play.

00:29:19.620 And, you know, on days we could play, we would just leave the house and wouldn't come home until the streetlights were on.

00:29:24.580 That was the thing.

00:29:25.880 That was the agreement.

00:29:27.240 When the streetlights come on, be at home.

00:29:29.640 That was the rule.

00:29:30.480 And maybe it's because we didn't stress over so much.

00:29:35.740 I mean, kids talk about global warming today and the stress.

00:29:38.540 You don't know what the stress is like, global warming.

00:29:40.580 I don't even know if we can have families when we grow up.

00:29:43.680 What are you talking about?

00:29:46.720 I mean, I understand that feeling.

00:29:48.760 We had nuclear war, okay? 0.69

00:29:54.220 Let me tell you about the global warming that we were worried about as kids.

00:29:57.860 Not a temperature rising a fraction of a degree over a century, but the temperature rising 10,000 degrees in 12 minutes, okay?

00:30:07.960 Terrified of nuclear war.

00:30:09.560 And we'd go to school and we'd practice drills and, you know, we'd hear about it on the news.

00:30:14.640 We lived in the quiet knowledge that the world could end before dinner time, before the streetlights came on.

00:30:20.160 But that just was, you know?

00:30:22.320 And we weren't brought into it.

00:30:24.640 Yes, our schools did drills.

00:30:26.140 But the adults dealt with this.

00:30:28.700 We weren't trained to march in the streets against nuclear war.

00:30:32.400 It wasn't brought up to us as kids every day because we would have freaked out.

00:30:37.960 Kind of like our kids are freaking out now.

00:30:41.840 We concentrated on the little things like the sound of the screen door slamming shut as we were running off the porch to start the day.

00:30:49.760 And I don't want to sound, you know, like an old guy, but I am an old guy.

00:30:58.040 Things were simpler then.

00:31:00.100 We didn't have phones with us all the time.

00:31:02.300 We didn't have social media all the time.

00:31:04.180 I mean, it sounds boring when you say it out loud, but we were never bored.

00:31:09.320 And I mean, partly because if you ever said, I'm bored out loud, your parents or an adult would immediately find work for you to do.

00:31:17.380 Oh, you're bored?

00:31:18.060 Here, come on. 0.59

00:31:18.800 You'd be like, I'm not bored.

00:31:19.920 What are you?

00:31:20.140 And, but they never suggested activities.

00:31:23.240 They would just say, go outside.

00:31:26.700 We didn't have organized sports.

00:31:29.360 No one drove us everywhere.

00:31:30.720 We made the games.

00:31:31.840 We were the players.

00:31:32.760 We were the refs.

00:31:33.620 We were the crowd.

00:31:34.480 We, that was it.

00:31:36.040 And I don't remember getting bored.

00:31:40.800 I remember when we got cable TV and we thought, wow, we're going to have so many channels.

00:31:44.880 Something will always be on now.

00:31:46.880 No, no, no.

00:31:48.780 Didn't change.

00:31:51.040 I had a phone mainly because of my sisters.

00:31:53.740 We had one in our hallway that had a really, really long curly cord that was so stretched out because it wasn't far enough away from the family for my sisters.

00:32:03.120 So they would stretch it all the way around the corner and sit in a closet and they would talk.

00:32:08.500 I remember a friend of mine in high school got her own phone line in her own bedroom.

00:32:13.720 Wow.

00:32:15.000 What?

00:32:16.200 Thought that was incredible.

00:32:17.720 And I'd call her and we'd talk for hours and sometimes we'd be on the phone, but we wouldn't be talking.

00:32:23.740 Silence wasn't awkward.

00:32:26.060 It was normal.

00:32:28.400 And we didn't send pictures of ourselves.

00:32:30.900 We didn't talk about sex the way kids talk about it now.

00:32:36.820 We weren't distracted.

00:32:38.860 Silence wasn't because we were distracted.

00:32:41.120 There was nothing demanding our attention every five seconds.

00:32:44.380 Silence was part of being together.

00:32:46.720 And then things started to speed up.

00:32:50.480 Overnight delivery.

00:32:51.740 Fax machines.

00:32:52.800 Who needs paperwork overnight?

00:32:55.220 I don't know.

00:32:55.700 Lawyers, maybe.

00:32:56.520 But as these things happened, every invention felt exciting, like progress, like confidence in the future.

00:33:04.940 When cell phones came along, man, it's going to save us time.

00:33:09.040 Dad can do work in the car and perhaps leave the office earlier.

00:33:12.480 Remember that lie we told ourselves?

00:33:14.040 It wasn't that dad could work all the time, which is exactly what happened.

00:33:20.060 Doctors had beepers.

00:33:21.440 So if they were out at dinner or a movie or playing golf, the hospital could reach him and call him in for emergencies.

00:33:27.320 Now everybody's got that beeper.

00:33:30.480 When social media was introduced to us, it was promised that its main gift would help us reconnect with our friends that we had lost touch with.

00:33:38.900 Or we could become more deeply involved and aware of what our family and extended family were doing.

00:33:45.320 Uh-huh.

00:33:46.840 Has social media brought our families closer together or broken our families up?

00:33:52.000 And most of our time online is not with friends at all.

00:33:55.660 That word doesn't even have meaning anymore, does it?

00:33:58.520 Friends are followers now.

00:34:01.160 When I was growing up, followers meant something entirely different.

00:34:04.400 It meant you followed a religious leader, as in, I'm a follower of Christ, or you were a follower of people, and it tended to mean that you were about to be in a cult.

00:34:15.860 Okay?

00:34:17.780 What started out as being a way to reconnect with our friends and family now has us texting friends who are sitting right next to us and scrolling while the family is together.

00:34:28.920 I'm not sure things are getting better anymore because we don't seem to set any boundaries at all.

00:34:43.720 Did anybody set a boundary last night watching this at the Super Bowl?

00:34:47.540 All these modern conveniences, they're not making life simpler, they're making it heavier, they're making it more complex, harder to keep up, harder to find real friendship, real people.

00:35:01.860 And we fill every second of silence.

00:35:06.360 We walk around with a phone that sounds like a casino in our hands.

00:35:09.880 It's in our hands or it's in our pocket every day, and it sounds like a casino.

00:35:13.140 It's got all the bells and whistles, all the endorphin rushes, you know, just, and it's built, it's designed.

00:35:20.380 They tell us this and we do nothing about it.

00:35:22.120 It's designed to keep you pulling the arm of the new slot machine.

00:35:30.000 And we're walking around with these phones and claiming that we're poor, but everybody seems to have a phone that's at least $500.

00:35:37.840 I mean, I guess, I mean, in my childhood, people that live like the average person lives today would have been, would have seen wealthy beyond imagination.

00:35:54.520 And maybe that's because we just didn't buy things on credit at the time, you know?

00:35:59.220 So now everybody's buying everything on credit because they want it now.

00:36:03.180 And so we all just look wealthy, except we're just deeper in debt.

00:36:11.180 Simpler times do not mean better times.

00:36:14.980 They just mean clearer times.

00:36:17.300 And the more I look at our society, I think maybe the real difference between my childhood and my children's childhood is just clarity.

00:36:35.300 Because there were monsters under the bed when I was growing up.

00:36:41.180 We outgrew the monsters under the bed.

00:36:44.180 But when we did outgrow those monsters that were hiding in our closets, we knew what monsters were real and what monsters were not real.

00:36:55.400 And today the battle is not between good and evil.

00:37:00.980 It's about what's real and what's not.

00:37:03.560 What's real and what's artificial.

00:37:05.300 We're raising children in a world that no longer knows the difference between the two.

00:37:12.300 Last night, that was a performance on stage.

00:37:15.400 And it was pushing our culture.

00:37:20.880 We didn't even notice it.

00:37:23.020 I guess that's everywhere now.

00:37:24.660 That's just the way it is today.

00:37:25.980 And so it becomes our reality.

00:37:27.680 Maybe, maybe the real value, because if you read scriptures, it's always saying, remember, remember.

00:37:39.200 I think it's one of the most used words in scriptures.

00:37:42.840 Remember.

00:37:43.360 Maybe the value of remembering isn't about going backward.

00:37:51.360 It's just noticing the things that we once had to help us remember the things we may have lost along the way that were good.

00:38:02.220 Ordinary days with real friends.

00:38:06.020 Just quiet pauses.

00:38:09.220 Silence that didn't need to be filled.

00:38:10.800 Meals that didn't need to be photographed first.

00:38:16.340 It's tough because you can't pass these lessons on to the youth of today.

00:38:23.860 Just like our parents couldn't pass this on to us because you won't listen.

00:38:27.240 You won't appreciate.

00:38:28.760 You know, parents used to say the same things to us about, you know, their childhood, blah, blah, blah, blah, blah.

00:38:33.040 So you can't pass those on.

00:38:36.140 The lessons, perhaps, of our childhood and our kids' childhood only come after you grow up.

00:38:44.720 The kind of growing up that isn't dependent on age but on perspective.

00:38:50.400 And when we begin to remember the kinds of things you haven't thought about for years until one day they all come back,

00:38:59.080 it's then that you realize, wow, those things were important and they shaped me more than I ever realized.

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00:40:15.380 Turns out, when did that get there?

00:40:22.840 Common sense ain't all that common.

00:40:25.740 But around here, it's still standard equipment.

00:40:31.300 Glenn Beck returns in a minute.

00:40:33.080 One of the first purchases I ever made, when I made any money at all, was a really nice bed.

00:40:47.780 And I had this bed for a really, really long time,

00:40:51.080 to the point where my wife was driving me crazy, saying that we need to get rid of it. 0.99

00:40:55.120 I loved it, though.

00:40:55.940 You know, I had it for a really long time.

00:40:57.640 I didn't think we could do any better.

00:40:59.380 And I finally made the leap into something new.

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00:41:03.340 We just got this.

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00:42:11.640 Great ad from the Super Bowl.

00:42:25.420 Yesterday, a few of them.

00:42:26.740 Let's play the Grock ad.

00:42:28.420 Cut nine, please.

00:42:34.820 Galileo, your time has come.

00:42:36.860 Wait!

00:42:37.540 Wait, wait! 0.87

00:42:38.060 Grock, does the sun orbit the Earth?

00:42:43.460 No.

00:42:43.960 We can see that Venus shows crescent phases like the moon.

00:42:46.860 So, it orbits the sun, just like Earth.

00:42:54.920 Hey, Grock, how many leeches is too many leeches?

00:42:59.360 That's the Grock ad made for a contest.

00:43:11.120 Let me play one more.

00:43:12.740 The Epstein Survivor Super Bowl commercial.

00:43:15.740 That's cut 11.

00:43:16.500 On November 19th, the Epstein File Transparency Act was signed into law.

00:43:32.860 It was redacted.

00:43:33.360 After years of being kept apart.

00:43:34.640 Three million files have still not been released.

00:43:36.260 We're standing together.

00:43:37.480 Standing.

00:43:37.980 Standing together.

00:43:39.640 Because this girl deserves the truth.

00:43:41.940 Because she deserves the truth.

00:43:43.600 Because we all deserve the truth.

00:43:45.480 Just showing pictures of all the girls.

00:43:54.340 It's really bad.

00:43:56.300 Stand with us.

00:43:58.240 Tell Attorney General Pam Bondi it's time for the truth.

00:44:00.700 I will tell you, remember I told you on Friday they came out and said,

00:44:04.580 Hey, that noose that we found wasn't really the noose.

00:44:06.940 And they didn't give an explanation for that.

00:44:09.340 All the things came out Friday.

00:44:10.440 Eh.

00:44:11.480 Let me give you the latest today.

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00:45:34.300 The fusion of entertainment, enlightenment, and empowerment.

00:46:05.040 This is the Glenn Beck Program.

00:46:08.920 Glenn Beck is on.

00:46:11.200 Hello, America.

00:46:12.340 Welcome to the Glenn Beck Program.

00:46:14.360 Today, I want to talk to you about the F-22s that did not show up for the Super Bowl yesterday. 0.92

00:46:21.680 Apparently, they were needed elsewhere.

00:46:25.480 Gee, I wonder where those F-22s might be needed.

00:46:29.840 Today's a big week on Iran.

00:46:31.980 And also, you know, I talked to you on Friday when we found out that there was like this

00:46:39.360 orange dot that was moving up the stairs.

00:46:43.580 I don't know.

00:46:44.100 Maybe it's orange man bad. 0.56

00:46:45.940 Did the orange man kill Jeffrey Epstein?

00:46:48.140 There was this orange shirt of some sort going up the stairs right around the time that we think that Jeffrey Epstein may have been killed.

00:46:59.020 And the FBI knew it.

00:47:00.440 The investigators knew it.

00:47:01.760 And they never told us anything.

00:47:03.160 And you can see it on the video.

00:47:04.700 And we just find out about it after we were told by everybody there's nothing to see here.

00:47:08.220 Well, what about that?

00:47:08.940 You still don't have an explanation.

00:47:10.620 Who the hell is that that went up?

00:47:12.320 No idea.

00:47:14.300 Okay, well, then that's not nothing to see here.

00:47:16.300 That's there's a big question there.

00:47:17.900 We don't know who that is.

00:47:19.160 Right.

00:47:20.880 Then we found out on Friday that, oh, by the way, the noose.

00:47:24.120 Yeah, the noose we found in his room was not the noose that actually he used to hang himself.

00:47:29.720 Well, what happened to the noose he used to hang himself?

00:47:32.860 Anybody want to answer that question?

00:47:35.020 Nope.

00:47:35.440 Apparently not.

00:47:36.080 Wait until you hear the latest that came out over the weekend.

00:47:40.060 Oh, my God.

00:47:40.880 This just gets worse and worse and worse.

00:47:44.160 No way to move past it.

00:47:45.820 Sorry, Pam.

00:47:47.280 No way to move past this.

00:47:49.920 We'll get into that here in just a second.

00:47:52.220 First, let me tell you about this.

00:47:53.620 Patriot Mobile.

00:47:54.780 You know, you know how people say if you don't like where the country's headed, do something about it.

00:47:59.220 Well, most of us hear that and think, you know, big things, elections and rallies and, you know, moving to another state.

00:48:04.600 But what if some of the most powerful choices are the ones you're already making?

00:48:09.360 You know, every month you send money to a wireless company and you don't even think about it.

00:48:14.060 But that company most likely turns around and spends that money someplace else.

00:48:18.820 And for a lot of carriers, it goes to causes and political efforts that you absolutely despise and are fighting every day against.

00:48:25.760 Why would you stay with those companies?

00:48:28.800 Honestly, they know it's like the NFL.

00:48:31.800 They know you're addicted.

00:48:32.800 You just don't want to take the time to switch cell phone companies.

00:48:36.700 So the loyalty is built in, whether you like it or not.

00:48:39.980 And they know that.

00:48:41.000 That's why they can devalue your principles and what you believe, because they know you're never going to change.

00:48:47.940 Break that.

00:48:49.540 Hey, big mobile phone companies, can you hear us now?

00:48:52.440 I don't like it.

00:48:53.740 That's why I switched to patriotmobile.com slash Beck.

00:48:56.480 Do it now.

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00:49:05.380 Okay.

00:49:08.840 Where do I begin?

00:49:09.700 Let's start with Iran. 0.57

00:49:10.940 Okay.

00:49:13.040 Planes are moving now towards the Middle East.

00:49:15.100 We found out that the F-22s that were supposed to be going, uh, in kind of an interesting detail.

00:49:22.520 I mean, Donald Trump's not trying to keep this secret.

00:49:25.120 He knew this wasn't going to happen.

00:49:26.360 And they made the special patch with the F-22 shadow on it, knowing that part of the conversation would be, wow, the F-22s were supposed to be here, but they weren't here.

00:49:37.700 They didn't do the flyover.

00:49:38.920 Why?

00:49:39.660 Where were the F-22s? 0.97

00:49:41.700 Well, I can tell you, I think I know where they're going, but let me tell you where the C-17s are.

00:49:48.720 So the C-17s, uh, these, these are major, massive planes.

00:49:55.760 Okay.

00:49:56.240 A hundred and twelve C-17s are on their way to the Middle East.

00:50:02.540 Now that's equivalent to desert storm.

00:50:07.340 That is a lot of C-17s, a lot of C-17s.

00:50:13.100 So what are we doing?

00:50:15.680 Well, those C-17s deliver massive, huge amounts of equipment and troops as well.

00:50:23.040 I don't think that we are putting troops on the ground.

00:50:27.340 Um, but, uh, uh, you know, we're putting something on the ground.

00:50:36.020 Why, why are we putting all these over here?

00:50:38.680 If I were, uh, Iran, I would be crapping my pants right now because we're in negotiations.

00:50:46.300 So the negotiation with Iran is happening now, uh, in, uh, Oman, uh, I think it starts tomorrow.

00:50:55.440 I think there were some this weekend and it didn't sound like we got anywhere, but they

00:51:00.640 go in tomorrow.

00:51:01.320 And then Benjamin Netanyahu is coming to the white house, I think on Wednesday or Thursday.

00:51:05.780 Well, gee, that's a perfect time to say we've either just bombed or we're about to at some

00:51:12.500 point and here, here's your last chance, but we'll see.

00:51:19.300 I just don't know how we are going to, how do you negotiate with a country that just killed

00:51:26.200 35,000 of their own citizens, 35,000 of their own citizens that were marching in the streets,

00:51:31.940 you know?

00:51:33.640 And we said, we're not going to tolerate this.

00:51:35.760 And I believe Donald Trump, we're not going to tolerate that.

00:51:38.400 I don't know how we're not going to tolerate it, but you know, we always say we're not

00:51:44.780 going to tolerate things.

00:51:45.560 And then we, then we do.

00:51:47.300 So Donald Trump, first thing he has to do is restore deterrence.

00:51:51.320 Yeah.

00:51:51.840 We tell you something, we mean it, we mean it.

00:51:55.700 And he's done that.

00:51:56.900 This is the longest I have seen him take on.

00:51:59.680 Well, no, I guess, I guess Venezuela was like this.

00:52:02.380 You got to get out.

00:52:03.260 You got to get out.

00:52:04.060 We're building up.

00:52:04.760 We're building up.

00:52:05.400 We're building up.

00:52:05.960 You got to get out.

00:52:06.740 And then what happened?

00:52:09.480 Well, he should have gotten out.

00:52:13.440 I don't want war and I don't want any of, I don't want any of troops on the ground.

00:52:17.820 I don't.

00:52:19.260 Um, but I also don't want to encourage people to protest and then they do it because they

00:52:25.120 think they're protected by us and then they get slaughtered and we do nothing.

00:52:28.320 We just can't target the civilians.

00:52:36.600 We have to target the mullahs. 1.00

00:52:39.120 And I think we're going to go in again, you know, on their nuclear. 0.65

00:52:43.660 Uh, but I, I just, I don't think it's going to be like what we've seen before.

00:52:47.140 You know, any regime that can kill in the dark and then get everybody arguing about the number

00:52:54.360 is a regime that, uh, needs to be stopped, needs to be stopped.

00:53:02.280 So what is Donald Trump doing?

00:53:04.480 Let me take you to a story unrelated to Iran.

00:53:08.280 Kind of.

00:53:08.760 What is the UN known for besides corruption and everything else?

00:53:17.280 What are they known for?

00:53:19.000 Sternly worded letters.

00:53:21.240 We're not going to tolerate this or we're going to write a sternly worded letter.

00:53:25.800 Oh, so no action, no teeth, nothing.

00:53:30.220 And they're taking the world in a completely different direction.

00:53:33.260 So last week we heard that we were not paying our bill.

00:53:37.900 And no other country of the 180 countries, part of the UN, no other country was willing

00:53:43.880 to step up and pay their bill.

00:53:45.320 Okay.

00:53:45.760 So it wasn't just the United States, although we owe $3 billion.

00:53:49.560 And if they don't get our $3 billion, they shut down.

00:53:52.760 And I thought, yes, yes.

00:53:58.600 And then this weekend I read a story that we're now writing a check for $3 billion to

00:54:05.140 the UN to keep the doors open.

00:54:06.940 And I'm like, wait a minute.

00:54:08.620 What?

00:54:09.700 Why?

00:54:11.160 We just pulled out of the WHO.

00:54:13.580 The UN was on the ropes.

00:54:16.040 What did they do?

00:54:16.980 They had to slash their budget or they would have gone out of business really fast, slash

00:54:21.620 all their budget.

00:54:22.200 They had to cut a bunch of jobs.

00:54:23.380 They had to reduce their peacekeeping missions.

00:54:26.420 Like, those are actual missions.

00:54:28.840 And just as it looks like, wow, the curtain is coming down on the UN, America writes a

00:54:34.860 check to save it.

00:54:36.520 What are we possibly thinking?

00:54:38.740 I'm going to give you an idea.

00:54:46.380 I don't know if it's true.

00:54:49.440 Trump is now in this position where he is either feared or respected in the world.

00:54:54.420 It's better to be respected.

00:54:56.040 But if they won't respect you, they should fear you.

00:54:59.880 Okay?

00:55:01.080 I told you last week, here at home, he's softening the PR.

00:55:06.080 He's not...

00:55:08.420 I mean, look how he's handling Minnesota.

00:55:11.260 He is not compromising his values, but he's changing his tactics to get the job done.

00:55:18.280 Okay?

00:55:19.180 Unlike those on the left, he's not a destroyer.

00:55:23.060 He's a builder.

00:55:25.200 And in this case, he's going to be the savior of the UN, which is weird.

00:55:28.840 But let me look at long-term thinking, the way I think he's looking at this.

00:55:34.340 You have to understand first, A, he's a negotiator, right?

00:55:38.400 B, he's a dealmaker.

00:55:39.940 C, he's a builder.

00:55:42.980 He takes things that are wrecks and builds them into stunning new destinations.

00:55:48.440 Okay?

00:55:48.780 So he's building things.

00:55:50.840 He's not just dismantling.

00:55:52.460 He's building.

00:55:54.600 A lot of things were like, why isn't he moving faster on this?

00:55:58.060 I mean, as fast as he's going, we actually are going, why didn't he do this faster?

00:56:02.480 So why would Trump get this close to shutting the UN down only to pay when no one else will?

00:56:11.580 Why rescue an institution that has spent decades bloated, ideologically hostile to us?

00:56:19.080 Here's the answer.

00:56:21.520 I think, and it's not what you think.

00:56:24.100 This is not a bailout.

00:56:25.700 This is not a retreat.

00:56:27.780 This, again, he's a negotiator.

00:56:29.720 This is leverage.

00:56:30.820 When you're destroying and building at the same time, you don't pull the plug when your hand is still on the switch.

00:56:39.860 Because when institutions like the UN collapse outright overnight, they don't disappear.

00:56:47.760 They metastasize into really nasty cancers.

00:56:51.660 Because power doesn't vanish, it moves.

00:56:54.500 And when it moves like this, it rarely moves in our direction.

00:56:59.960 So a sudden UN implosion does not produce sovereignty and sanity.

00:57:04.720 It produces chaos and power vacuums and regional strongmen and a global narrative, hear this,

00:57:12.060 that blames one country for the destruction of the UN, and that is the United States of America.

00:57:17.980 Donald Trump understands something that, you know, Washington forgot a long time ago,

00:57:26.060 and those Democrats who are in bed with the far left may have never learned.

00:57:30.620 You don't burn the building down if you're still trying to decide who controls the land underneath it.

00:57:38.120 Don't burn the building down.

00:57:42.000 Who owns the land?

00:57:43.700 Where is everybody going?

00:57:45.040 What's next?

00:57:45.780 So instead of burning it down, he's doing something, I think, far more dangerous to the UN.

00:57:53.720 He stopped playing unconditionally.

00:57:56.480 And look what happened.

00:57:57.760 For the first time in 80 years, the UN has cut its own budget.

00:58:03.400 We didn't have to pressure him.

00:58:04.280 We just said, we're not doing anything anymore with you.

00:58:07.080 Thousands of jobs at headquarters, gone.

00:58:09.960 Peacekeeping forces slashed by a quarter.

00:58:13.420 Redundancies exposed.

00:58:14.760 Those seven climate offices, gone.

00:58:19.180 None of this happened because the UN suddenly found religion.

00:58:22.920 It happened because the check stopped coming.

00:58:28.380 This is the way Trump plays.

00:58:31.600 Now, suddenly, the money comes back.

00:58:35.440 Well, kind of.

00:58:36.960 Only partially.

00:58:38.180 Only conditionally.

00:58:39.820 Only with massive strings and reforms already locked in.

00:58:44.260 That's not surrender.

00:58:46.180 That's a demonstration.

00:58:47.700 That's a redesign made possible because you told them no more.

00:58:52.480 And they knew this president means it.

00:58:55.100 And so they began making the moves the U.S. wanted because they had.

00:58:58.840 This is the art of the deal.

00:59:00.920 Everyone assumes that Trump wants the UN gone.

00:59:04.180 I believe he does.

00:59:05.400 But his genius is always killing two or five or a thousand birds with one stone, right?

00:59:13.300 So if he threw the rock saying, we're done and we're out, they had no choice but to make critical changes.

00:59:19.820 But if we really were out and it collapsed, what would the world say?

00:59:29.300 The world would say, it's America.

00:59:31.420 It's Donald Trump.

00:59:34.580 But what does the world say when he comes back in?

00:59:38.720 Okay?

00:59:39.360 He strips the UN and all those on the left of its favorite lie.

00:59:43.340 That the reason the UN is failing is because of us.

00:59:47.320 Instead, he steps up to save the UN because the world didn't do it.

00:59:54.680 So the question turns outward.

00:59:57.360 Where are the other 180 countries?

01:00:00.480 Why are we the only one?

01:00:01.340 Because we're not going to do this.

01:00:04.220 Why does the entire system collapse without American money?

01:00:07.620 That doesn't make sense.

01:00:08.560 It makes his point and clearly makes his point.

01:00:13.340 Why is global cooperation impossible unless the United States underwrites it?

01:00:18.780 That's not going to last.

01:00:20.180 This is not an argument for the UN.

01:00:22.180 That's an argument against the UN.

01:00:24.800 And every institution is watching.

01:00:27.300 The WHO, NATO, the alphabet soup of NGOs, forums, councils, panels that grew fat on American compliance.

01:00:39.120 They're all learning the same lesson.

01:00:41.620 America will engage.

01:00:43.340 But only if you change.

01:00:44.820 Because we're not doing this anymore.

01:00:47.780 This is not the end of global institutions.

01:00:50.240 It's the end of the blank check.

01:00:54.680 Trump is trying to destroy the post-war order.

01:00:57.620 But he's not doing it overnight.

01:00:59.180 He's dismantling the assumption underneath it.

01:01:02.060 That America is always the one that has to pay.

01:01:04.440 Always has to apologize.

01:01:06.060 Never demands results.

01:01:07.300 We're just the whipping boy of everybody else.

01:01:10.360 And we're going to pay for it.

01:01:12.780 So if you were hoping for fireworks, if you wanted to watch the UN simply collapse online television, which I'd pay money to see, it would have been satisfying.

01:01:23.340 But I have a feeling this is much more effective.

01:01:27.200 I think this president, well, I know this president, for me at least, has earned my trust.

01:01:32.260 On these things, he's earned my trust.

01:01:34.200 Like, I'm not happy the way we're dealing with Iran because they started killing people. 1.00

01:01:40.500 I would have liked to see us go in and stop them.

01:01:42.440 But I'm okay with the president doing it because he's earned my trust on he knows what he's doing.

01:01:50.620 And he plays cards differently than anybody else.

01:01:55.360 But a weakened, shrinking, exposed institution forced to justify every dollar is far easier to replace than a martyr blamed on America.

01:02:06.360 This is not a rescue.

01:02:07.920 This is a containment of the UN.

01:02:09.660 And for the very first time in a generation, the world is being told by an American president, adapt, shrink, or you're irrelevant.

01:02:20.020 And this time, for the first time in my lifetime, America means what it says and says what it means.

01:02:27.720 All right.

01:02:28.260 Back in just a second.

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01:03:34.100 10 seconds, station ID.

01:03:35.240 I could be wrong on this, but I don't think I am.

01:03:49.540 The guy is so damn strategic.

01:03:52.980 And we never expected that.

01:03:55.300 We should have.

01:03:56.120 We should have.

01:03:56.920 Because, I mean, if you read Art of the Deal, this is the way this guy operates.

01:04:00.160 He's so strategic, and he can juggle a thousand things at once, and he knows what's coming into his hand next.

01:04:09.880 It's really remarkable.

01:04:13.180 He's not saving the UN.

01:04:15.860 I think he is managing the decline, exactly what the UN was trying to do to the United States.

01:04:21.620 Think of this.

01:04:22.540 They were trying to manage our decline.

01:04:26.320 He's now managing their decline.

01:04:28.420 That's how much has changed.

01:04:32.060 I think that is a, I think this is remarkable.

01:04:35.360 I think this guy is going to go down, assuming this stuff works, I think he's going to go down as one of the greatest presidents of all time.

01:04:46.400 And I mean, if you listen to me in 2016, I can't believe I'm saying that.

01:04:50.900 But it's true.

01:04:51.700 You've got to look at what he's doing.

01:04:54.440 And you can't look at things piece by piece.

01:04:57.180 For instance, next hour, I'm going to talk to you about the economy.

01:05:00.720 And I want to talk to you about his savings accounts, his Trump Rx, et cetera, et cetera.

01:05:05.980 What is he doing now?

01:05:07.660 People are seeing these things as one-offs.

01:05:09.780 And I took a different attitude towards them this weekend and said, let me look at several of these pieces.

01:05:18.620 Instead of just treating this as a one-off, let me take all of these pieces and put them together.

01:05:24.620 What picture does that now give us?

01:05:27.460 Because that's, you can look at the UN just as the UN and say, oh, we want out of the UN.

01:05:33.380 Good.

01:05:33.840 We were almost there.

01:05:34.720 And now he's rescuing it.

01:05:35.960 Why?

01:05:36.320 Why the UN?

01:05:37.260 No, no, no.

01:05:38.220 Look at the whole picture.

01:05:39.740 What is he trying to do?

01:05:41.060 He's managing the decline of the global world order.

01:05:45.660 He's doing it with the UN.

01:05:47.540 He's doing it with the WEF.

01:05:49.340 He's doing it with NATO.

01:05:51.060 And so far, he's done it.

01:05:53.540 It has been disruptive, but it's not imploding.

01:05:56.680 He's managing this decline of all these world powers as he's building our world power up,

01:06:04.760 as he is putting together the entire Western Hemisphere and saying, this is our game plan, guys.

01:06:11.380 This is what we're doing.

01:06:12.680 I mean, I've never seen anything like it.

01:06:14.820 Never seen anything like it.

01:06:16.320 All right.

01:06:16.620 We're going to take your phone calls, and we have more.

01:06:18.680 I'm going to take you to the Epstein thing next.

01:06:21.620 Holy cow. 0.89

01:06:23.880 This thing is getting insane.

01:06:25.400 Just when you think, okay, all right.

01:06:29.640 More comes out.

01:06:30.660 Wait till you hear what happened this weekend.

01:06:32.160 Coming up.

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01:06:59.860 You think twice about the project in the garage.

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01:08:05.600 Imagine picking up the phone and Glenn Beck is on the other line.

01:08:09.320 Some Torch insiders are already getting phone calls from him.

01:08:12.000 Join the inner circle and build this movement.

01:08:14.440 GlennBeck.com slash Torch.

01:08:18.920 Hello, my name is Bad Bunny.

01:08:32.500 I'm glad you're here.

01:08:33.660 I decided to speak English today because what the hell?

01:08:36.260 The country is an English-speaking country, but that's just me.

01:08:40.580 Let me talk to you about some people I don't think speak English,

01:08:43.860 and that is Pam Bondi and the people at the DOJ.

01:08:46.540 Okay, here's the lady. 1.00

01:08:49.260 Well, let me start with this.

01:08:50.740 In case you missed the Epstein episode on Friday,

01:08:56.500 the FBI in the document dump, it came out now that the film that they showed us,

01:09:05.760 and remember, Dan Bongino, everybody else said,

01:09:07.840 I watched it.

01:09:08.560 I watched it.

01:09:09.120 I watched it.

01:09:09.500 I watched every second of it, and there was nothing.

01:09:13.320 There was nothing.

01:09:15.700 I just thought of something.

01:09:16.660 Can somebody check?

01:09:18.000 Jason, can you check today?

01:09:21.900 Remember there was that edit?

01:09:23.120 That was at the top of an hour, though, wasn't it?

01:09:25.800 Wasn't that right at the top of an hour?

01:09:27.480 It was like at 58 or something.

01:09:29.400 They said they...

01:09:30.480 Oh, and it resets?

01:09:31.580 Video resets.

01:09:33.200 I think it was at the top of an hour, so it wouldn't work.

01:09:35.560 But just check it for the correlation of the time of the orange blob.

01:09:39.420 So we find out Friday that on the video, there is an orange blob that is going up the stairs.

01:09:47.880 Now, you could call Ghostbusters, and maybe it was a ghost,

01:09:52.460 but it appears to either be a prisoner or somebody dressed like a prisoner

01:09:56.340 that is going up the stairs to Epstein's cell block.

01:10:01.080 Okay?

01:10:02.080 There's no record of it.

01:10:04.120 They've all seen it.

01:10:05.980 CBS analyzed the digital and said, yep, that's clearly...

01:10:09.720 In fact, they had an analyst come in and say that is not just somebody carrying towels.

01:10:15.540 It appears to be on a body because they can tell the way it's moving that it's moving in the way a body would move.

01:10:22.220 So you can only see, like, maybe the shirt on the body, the side of the sleeve or something,

01:10:28.940 but it's moving up the stairs.

01:10:30.540 They saw this early on.

01:10:32.460 They asked.

01:10:33.460 Nobody had an answer.

01:10:35.020 They blamed it first on one of the guards who was, quote, sleeping.

01:10:39.600 She said, no, I don't bring towels up. 0.98

01:10:42.160 I don't bring bedsheets up.

01:10:43.420 That would be a complete, you know, a complete deviation from what I do.

01:10:49.040 I don't do that.

01:10:50.000 That happens in the shift before.

01:10:51.920 So where would I be bringing the sheets at 1030 at night?

01:10:55.040 Okay?

01:10:55.920 Then we find out on Friday, not only is the orange blob thing, we find out that they've never answered,

01:11:01.440 and they just don't know, but nothing to see here.

01:11:05.800 Then we find out that when they found him at 630, one of them, the guy who said he was sleeping all night,

01:11:14.460 he took the body down from the noose, but he doesn't recall removing the noose,

01:11:20.320 and his partner, who was awake and apparently, you know, making all the documents, falsifying the documents,

01:11:27.580 and she got it like 3 o'clock in the morning, she said there's 21 prisoners now on the cell block instead of 22.

01:11:33.900 Oh, that was just a mistake.

01:11:35.200 Okay, well, there's another bad mistake.

01:11:36.900 He's sleeping.

01:11:37.600 You're screwing up the logs.

01:11:38.640 We don't know who the little orange blob is, and you say you were wide awake.

01:11:42.700 Where were you?

01:11:43.680 Who was that?

01:11:44.620 How did you not see that?

01:11:46.480 How is this jail still operating if all of these things are truly just mistakes?

01:11:53.700 Anyway, so she's standing there watching him.

01:11:57.260 She said, I don't remember a noose.

01:11:59.400 They take the body.

01:12:00.820 The coroner can't tell a time of death because the body was moved.

01:12:05.620 What do you mean you can't tell the body?

01:12:06.740 You could tell about the time of death just by the temperature.

01:12:10.100 You'd at least be able to get a ballpark.

01:12:12.140 It happened 15 minutes ago.

01:12:13.520 It happened six hours ago.

01:12:15.160 You could at least do that.

01:12:16.820 Nope.

01:12:17.480 No idea what time he killed himself.

01:12:19.340 That doesn't make sense to me at all.

01:12:21.180 Now, I'm not obviously a medical examiner, but I am a doctor.

01:12:25.560 So, you know, I would think that you could give some ballpark of an idea whether the body was moved,

01:12:32.100 you know, from hanging to laying down on the floor or not.

01:12:35.260 But she said, I don't remember seeing a noose.

01:12:37.920 Then when they take the body, they come back.

01:12:40.520 They seal the room off.

01:12:41.540 They come back.

01:12:42.460 And then there's a noose that's found on the floor of the cell.

01:12:47.580 Except in the documents they've just released, they verified that that is not the noose that hung him.

01:12:54.580 I mean, I think third graders could do a better job at saying, no, there is something here to ask questions about.

01:13:04.360 If that wasn't the noose, where was the noose that he apparently hung himself with?

01:13:10.680 Where did that go?

01:13:12.300 Who was in?

01:13:13.560 Who brought a new noose in? 1.00

01:13:15.720 Why would you bring a new noose in?

01:13:18.140 What the hell is that all about?

01:13:20.900 I mean, is there any good explanation that you can think of?

01:13:25.180 A single innocent, a single innocent explanation.

01:13:29.940 There's a noose found, but it's not the noose that hung him.

01:13:32.400 And they can't find the noose that hung him.

01:13:34.800 Huh?

01:13:35.160 Okay, so now let me give you the latest mistake.

01:13:41.140 This one came out over the weekend.

01:13:44.140 United States Attorney's Office, Southern District of New York.

01:13:48.020 U.S. Attorney Jeffrey S. Berman for immediate release.

01:13:52.320 Friday, August 9th, 2019.

01:13:55.180 Statement of Manhattan U.S. Attorney on the death of defendant Jeffrey Epstein.

01:13:59.540 Manhattan U.S. Attorney Jeffrey S. Berman said earlier this morning,

01:14:03.100 the Manhattan Correctional Center confirmed that Jeffrey Epstein,

01:14:06.700 who faced charges brought by this office of engaging in sex trafficking of minors,

01:14:11.940 has been found unresponsive in his cell and pronounced dead shortly thereafter.

01:14:16.120 Today's events are disturbing,

01:14:18.100 and we are deeply aware of their potential to present yet another hurdle

01:14:21.940 to giving Epstein's many victims their day in court.

01:14:25.420 To those brave young women who have already come forward,

01:14:28.340 and to the many others who have yet to do so,

01:14:30.320 let me reiterate that we remain committed to standing for you,

01:14:34.340 and our investigation of the conduct charged in the indictment,

01:14:37.460 which includes a conspiracy count, remains ongoing.

01:14:40.500 Uh-huh.

01:14:41.080 We continue to urge anyone who feels that they may be a victim to call blah, blah, blah.

01:14:45.960 Okay, so what's wrong with that?

01:14:47.060 Uh, I said it right at the beginning.

01:14:51.280 Friday, August 9th.

01:14:53.340 He died, and the release that looks like this one

01:14:56.880 is clearly marked on the day he died,

01:15:00.080 Saturday, August 10th.

01:15:03.720 Now, this is being reported as not a mistake.

01:15:08.640 This is just part of the dump.

01:15:10.260 Can you give me a time stamp on when this was done?

01:15:14.600 The answer is yes.

01:15:15.760 You can tell when a document was drafted.

01:15:18.240 Why is there no time stamp?

01:15:19.680 If it's a mistake, why not include a time stamp?

01:15:27.880 Or was this a rough draft,

01:15:30.180 just in case something might happen?

01:15:32.660 You know, you shouldn't put prisoners into a cell

01:15:36.400 where you have to write their death story just in case.

01:15:41.600 What the hell is that all about?

01:15:45.000 Jason, can you think of, other than,

01:15:49.360 uh, they just got it wrong,

01:15:51.660 and it was written actually that morning,

01:15:53.940 and then somebody went and corrected the date,

01:15:55.860 and if that's true, why would you include this?

01:15:58.600 Why did this circulate?

01:16:00.180 Why, why, why?

01:16:01.400 So, yeah, uh, again,

01:16:05.040 total incompetence is almost to be expected here, right?

01:16:08.280 Because everything has just been screwed from the beginning.

01:16:11.060 So, that would make sense.

01:16:13.020 But then some of the inconsistencies

01:16:14.920 still kind of scream something else here.

01:16:17.940 Like, do you remember that,

01:16:20.160 that one of the, one of the guards

01:16:21.580 that wasn't asleep at the job

01:16:23.360 actually miscounted,

01:16:25.720 and counted it down by one,

01:16:28.200 which you pointed out.

01:16:29.540 So, okay,

01:16:30.900 so that almost putting into context

01:16:33.740 of this, you know, DOJ release,

01:16:37.180 it almost sounds like they did know.

01:16:39.200 So, you know,

01:16:40.440 if you take all of these together,

01:16:42.400 it makes it seem like

01:16:43.320 they're scrambling for an answer

01:16:45.000 that no one's going to want to hear,

01:16:46.960 and instead of just telling us

01:16:48.500 that this is what happened,

01:16:49.740 we're just being lied to about it.

01:16:51.500 That's the appearance.

01:16:52.800 Now, could it be incompetence?

01:16:54.040 Sure, it could be incompetence,

01:16:55.040 because, you know,

01:16:56.100 it's the government,

01:16:57.060 and they haven't gotten to think about this right.

01:16:59.820 Let me give you a bad answer.

01:17:02.260 It's still bad,

01:17:03.140 but not maybe as bad as, you know,

01:17:06.320 Hillary Clinton crept in an orange jumpsuit,

01:17:08.940 which I hope she gets to wear someday.

01:17:10.880 Anyway, she looks beautiful in orange,

01:17:13.440 but let me take a conspiracy out

01:17:16.860 and add it with a less dangerous conspiracy.

01:17:22.660 Still a bad one.

01:17:24.900 They died.

01:17:25.700 He died.

01:17:26.700 The orange jumpsuit guy went up,

01:17:29.220 killed him,

01:17:30.060 got out.

01:17:30.920 Nobody saw it.

01:17:32.060 Nobody caught him.

01:17:33.660 They go,

01:17:34.120 they didn't fall asleep.

01:17:35.020 They go and they do their regular checks.

01:17:38.380 They do their regular checks.

01:17:40.240 They see he's dead.

01:17:42.060 They immediately alert the FBI

01:17:44.920 and the people in charge.

01:17:46.260 It goes all the way to the DOJ.

01:17:48.200 Somebody is hearing about it.

01:17:49.820 Got to write this.

01:17:51.240 Might be in the middle of the night,

01:17:52.540 but got to write this,

01:17:53.540 because he died the night before,

01:17:55.220 the 9th.

01:17:56.380 Okay?

01:17:57.140 And what they decide to do is,

01:17:59.480 look, this is going to be such a mess.

01:18:02.100 Just give us until the morning

01:18:03.660 so we can get our crap together.

01:18:06.460 And so they concoct this story

01:18:08.440 that they just didn't go on their rounds.

01:18:10.520 They missed all their rounds.

01:18:12.060 Look, we're going to give you,

01:18:13.480 we're going to give you immunity,

01:18:14.600 so you're not going to get in trouble for it.

01:18:17.360 But you were sleeping

01:18:18.520 and then you just missed your rounds

01:18:20.100 and you falsified the stuff.

01:18:21.320 Don't worry,

01:18:21.640 we're not going to charge you with anything.

01:18:23.020 Just, just go along with this.

01:18:25.720 I mean, that doesn't seem feasible

01:18:30.100 only because you just don't want to have

01:18:32.440 that many people in on a secret.

01:18:34.500 You know, you can't,

01:18:35.240 you can't,

01:18:35.500 secrets like that don't last.

01:18:37.980 But that's the best innocent explanation

01:18:41.220 besides this particular thing.

01:18:46.160 Somebody just got the date wrong,

01:18:47.580 they circulated it,

01:18:48.500 and they're like,

01:18:48.960 you got to change the date.

01:18:49.880 And he changed the date.

01:18:51.040 But I'd like to see the time stamp on it.

01:18:53.720 But that doesn't excuse

01:18:54.940 all of the other things

01:18:56.280 like the orange jumpsuit going up.

01:18:58.440 Can you think of anything, Ricky?

01:19:02.200 Can you think of anything

01:19:03.040 that is innocent,

01:19:04.000 that is, I mean...

01:19:06.220 Just a typo, but again...

01:19:09.320 What about the rest of it?

01:19:11.200 On the blob?

01:19:12.460 Yeah.

01:19:13.220 On the orange blob.

01:19:15.400 It's a prisoner.

01:19:16.860 Has special privileges.

01:19:19.400 Like,

01:19:20.780 he's got to come up

01:19:21.860 and visit you maybe tonight, huh?

01:19:23.920 Yeah, that kind of special privilege.

01:19:25.320 Jason?

01:19:28.640 Yeah.

01:19:29.400 I've always thought that...

01:19:30.660 I mean,

01:19:31.040 there's very specific rule.

01:19:32.800 I mean,

01:19:33.000 so if this is not a conspiracy,

01:19:34.600 except for the hiding of everything,

01:19:36.540 if it's not that,

01:19:37.660 I've always...

01:19:38.440 I mean,

01:19:38.640 if you watch any...

01:19:40.160 There are a lot of YouTubers out there

01:19:41.660 for ex-cons

01:19:42.640 talking about the rules of prison.

01:19:44.520 And they would never have allowed

01:19:46.100 someone like Epstein

01:19:47.300 with everything he's accused of

01:19:48.860 to get off scot-free

01:19:51.420 and just to continue living his life

01:19:53.380 without suffering.

01:19:54.080 And that's just the rules of prison.

01:19:56.040 So the way the government

01:19:57.260 has always talked about this,

01:19:58.720 like,

01:19:58.920 of course we didn't do this,

01:20:00.000 of course we didn't do that,

01:20:01.000 whatever.

01:20:02.460 I always thought

01:20:03.540 that it would have been a...

01:20:04.360 I assumed it was going to be

01:20:05.940 a prisoner

01:20:06.360 that had done something,

01:20:08.040 was kind of allowed

01:20:08.900 to do something.

01:20:09.480 Of course it was.

01:20:09.960 It was not going to be Hillary.

01:20:11.360 This makes the most sense.

01:20:13.080 Yeah, no,

01:20:13.440 this makes the most sense.

01:20:15.360 And now,

01:20:15.960 because of everything else

01:20:17.140 that happened

01:20:17.540 with all the convenient things

01:20:19.460 that happened

01:20:19.940 with cameras being down

01:20:21.780 or guards asleep,

01:20:24.500 miscounts,

01:20:25.240 all this stuff,

01:20:25.920 that they just don't want

01:20:26.600 to show

01:20:26.980 how ridiculously corrupt

01:20:28.880 and incompetent 0.76

01:20:29.600 the prison system really is.

01:20:31.660 And that,

01:20:32.420 that to me

01:20:33.800 is what I think happened.

01:20:35.400 And now they just don't

01:20:36.140 want to admit it.

01:20:36.840 The problem is

01:20:37.460 you're making the conspiracy

01:20:38.580 worse and worse

01:20:39.400 and worse and worse

01:20:40.220 as more disclosures come out.

01:20:42.580 Somebody should go

01:20:43.440 into those prison records

01:20:44.720 and find out

01:20:45.360 if somebody has been pardoned

01:20:46.900 that had a really violent past,

01:20:49.220 had a really,

01:20:50.480 had the ability

01:20:51.480 to do these kinds of things

01:20:53.080 that was in that prison

01:20:54.700 that suddenly found

01:20:55.800 themselves pardoned

01:20:57.060 or released.

01:20:58.860 Because I haven't heard

01:20:59.820 anybody look into that.

01:21:00.980 But I mean,

01:21:01.360 if it was a prisoner,

01:21:02.140 you're not going to keep

01:21:02.740 that guy in prison

01:21:03.360 because he'll tell

01:21:03.920 everybody in prison.

01:21:05.040 He'll let everybody know.

01:21:06.640 Yeah, I killed him.

01:21:07.840 I killed him.

01:21:08.340 He'll start saying those things.

01:21:10.000 You either have to kill him

01:21:11.120 or you have to reward him

01:21:13.700 and get him out of jail.

01:21:16.840 What's crazy is...

01:21:17.680 All right, let me tell you

01:21:18.540 about our...

01:21:19.180 Go ahead.

01:21:20.140 I was going to say,

01:21:20.660 what's crazy is

01:21:21.260 every time a new prisoner

01:21:22.140 shows up to a prison,

01:21:23.520 they have to,

01:21:24.140 what's called,

01:21:24.640 show their paperwork,

01:21:25.700 which is show why they're there.

01:21:26.940 If there's anything

01:21:27.580 involving children

01:21:28.480 or rape or anything like that,

01:21:30.500 those people are marked.

01:21:31.780 He didn't have to show

01:21:32.640 his paperwork

01:21:33.160 because everyone already knew it

01:21:34.580 since it was so public.

01:21:36.020 It's just, yeah,

01:21:37.440 it seems kind of obvious to me.

01:21:39.980 But you don't put him

01:21:40.900 in that cell block

01:21:42.120 and expect him

01:21:43.200 not to have that happen to him.

01:21:45.140 No.

01:21:45.480 That's why, you know,

01:21:46.380 why do you put, you know,

01:21:47.580 Mr. Sleepy Time,

01:21:49.260 you know,

01:21:50.120 up guarding

01:21:51.160 on the first day he's there?

01:21:52.900 Really?

01:21:53.540 I mean, come on,

01:21:54.660 for the love of Pete.

01:21:56.340 I mean, you know,

01:21:57.260 under the Biden administration,

01:21:59.480 I could have believed it,

01:22:00.500 but, you know,

01:22:01.620 this wasn't under

01:22:02.300 the Biden administration.

01:22:03.840 All right,

01:22:04.240 let me talk to you

01:22:04.740 about rush tax.

01:22:05.900 There are two kinds of people

01:22:07.100 when it comes to tax problems.

01:22:08.400 The first kind, you know,

01:22:09.620 opens every letter immediately

01:22:10.900 and has a plan by dinner.

01:22:12.800 The second kind

01:22:13.500 puts the envelope

01:22:14.140 on the counter

01:22:14.860 and hopes it's going to solve

01:22:16.040 itself somehow or another

01:22:16.980 because you don't even

01:22:17.660 want to look at it.

01:22:18.560 If that's you,

01:22:19.620 you ain't alone.

01:22:20.760 Tax issues are complicated,

01:22:22.380 intimidating,

01:22:23.160 easy to put off

01:22:24.040 until the penalties

01:22:24.820 and interest turn

01:22:25.760 a manageable problem

01:22:27.480 into a really big problem.

01:22:29.660 This is where

01:22:30.340 rush tax steps in.

01:22:32.580 They work with people

01:22:33.440 who owe back taxes

01:22:34.600 or who are dealing

01:22:35.300 with IRS notices

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01:22:37.040 don't know what to do next.

01:22:38.480 Their team helps you

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01:22:49.260 The name I want you

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01:22:51.020 is Rush Tax Resolution.

01:22:53.920 They'll provide

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01:23:25.800 The number is

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01:23:31.820 RushTaxResolution.com

01:23:33.900 Likes aren't love.

01:23:37.500 Retweets aren't showing up.

01:23:41.420 Real people still matter.

01:23:44.380 Glenn Beck.

01:23:45.420 Back in a moment.

01:23:46.480 Glenn Beck is on.

01:23:47.800 So Jason,

01:24:06.060 help me out on this.

01:24:08.300 Ricky was just looking.

01:24:10.840 Ricky is our executive producer.

01:24:12.200 In case you don't know,

01:24:12.960 she's been,

01:24:13.740 she's actually head of content

01:24:14.980 for all my companies

01:24:16.200 and kind of playing

01:24:18.320 radio executive producer here,

01:24:19.960 but she was just looking through

01:24:21.720 the archives, right?

01:24:25.940 Tell me about archive.ph.

01:24:28.040 Yes.

01:24:28.460 So I wanted to take

01:24:29.700 the original press release URL

01:24:31.480 from,

01:24:33.080 that actually said

01:24:34.040 August 10th

01:24:34.840 versus August 9th,

01:24:35.820 which is what

01:24:36.400 got dumped yesterday.

01:24:37.720 I went to the original URL.

01:24:39.420 I put it in archive.ph.

01:24:41.080 I asked it to find

01:24:42.080 any changes

01:24:43.420 to the URL

01:24:45.360 or that page

01:24:46.280 since 2019.

01:24:48.520 And there was a change

01:24:50.180 made yesterday

01:24:51.600 according to this

01:24:52.720 archive program

01:24:54.280 on February 8th

01:24:55.680 at 2026

01:24:57.600 at 7.07.

01:24:58.760 That was yesterday.

01:25:00.820 Yes.

01:25:01.080 I don't know.

01:25:01.720 I can't yet tell

01:25:02.680 what change was made,

01:25:03.880 but it's weird

01:25:04.380 that they would update

01:25:05.220 the URL after so many years.

01:25:06.620 especially this last weekend.

01:25:09.900 Yesterday?

01:25:11.240 Yesterday.

01:25:12.220 So this is what came out

01:25:14.360 from Mario Noffle

01:25:17.960 from X.

01:25:20.540 We compared the text.

01:25:22.260 They're exactly the same

01:25:23.520 except two things.

01:25:25.440 One, the date is different.

01:25:26.660 The one that was released

01:25:27.460 over the weekend

01:25:27.960 says Friday, August 9th.

01:25:29.780 Jeffrey Epstein wasn't dead.

01:25:31.540 And it says

01:25:31.960 pronounced dead

01:25:32.820 shortly thereafter.

01:25:34.220 In the final release,

01:25:35.680 it says

01:25:36.080 of an apparent suicide.

01:25:37.900 This first one does not.

01:25:41.500 You know,

01:25:41.740 a lot of back discomfort

01:25:42.760 comes from

01:25:43.560 one big movement

01:25:44.680 and it comes from repetition.

01:25:47.000 Sitting too long.

01:25:48.020 Standing too long.

01:25:48.920 Moving the same way

01:25:49.720 every day.

01:25:50.460 And over time,

01:25:51.200 that tension just settles in

01:25:52.780 and starts to feel normal

01:25:53.940 even though it shouldn't.

01:25:55.240 What Chirp does 1.00

01:25:56.280 is go straight

01:25:57.080 to the source

01:25:57.680 of that tension.

01:25:59.020 Their wheel-style

01:25:59.880 back rollers

01:26:00.580 are designed

01:26:01.220 to target the muscles

01:26:02.320 that run along your spine.

01:26:03.760 The ones that really

01:26:04.760 get tight and overworked

01:26:05.900 and become stiff

01:26:07.140 from daily life.

01:26:08.460 You lie back,

01:26:09.180 you roll slowly,

01:26:09.880 and you let those muscles

01:26:10.980 finally start to release.

01:26:12.480 It's so satisfying.

01:26:14.140 The design is smart

01:26:14.980 and intentional.

01:26:15.780 There's a groove

01:26:16.180 down the center

01:26:16.720 so you're never putting

01:26:17.380 pressure on your own

01:26:18.140 spine itself.

01:26:19.380 Just the muscle

01:26:20.180 on either side.

01:26:21.160 And with the multiple

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01:26:27.360 Simple tool,

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01:26:29.300 a lot of people

01:26:29.940 have been living with

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01:26:32.180 If that's you,

01:26:33.080 please go to

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01:26:42.560 Swipe the flame.

01:27:06.060 Pass it on.

01:27:08.760 Crank the game.

01:27:10.120 Glenn Beck is on.

01:27:13.160 Glenn Beck is on.

01:27:15.500 Na-na-na-na-na.

01:27:18.000 Oh, oh, oh, oh.

01:27:20.240 Na-na-na-na-na.

01:27:24.580 The fusion of entertainment,

01:27:27.900 enlightenment,

01:27:28.880 and empowerment.

01:27:32.120 This is the Glenn Beck program.

01:27:36.020 Glenn Beck is on.

01:27:37.400 Hello, America.

01:27:40.780 I want to talk to you

01:27:41.380 a little bit about Bitcoin

01:27:42.220 and what is happening

01:27:42.980 with Bitcoin.

01:27:43.920 I don't think you're getting

01:27:44.980 the real story on this.

01:27:46.600 I think people are missing

01:27:47.500 the bigger picture.

01:27:49.200 I've spent several days

01:27:50.520 on this,

01:27:51.140 trying to get this one

01:27:52.820 exactly right

01:27:53.880 before I present it to you,

01:27:55.780 and I think I have it.

01:27:58.340 And it will give you

01:27:59.740 some information

01:28:00.400 that I don't think

01:28:01.040 you're going to get

01:28:01.460 anyplace else.

01:28:02.340 We'll do that.

01:28:02.960 I also want to talk

01:28:03.580 about Trump Rx.

01:28:04.480 We also have Stephen Moore

01:28:05.580 talking about the economy

01:28:06.740 on Main Street,

01:28:08.060 so don't miss a second.

01:28:09.640 Today's last hour.

01:28:10.900 If you missed any

01:28:11.420 of the show today,

01:28:12.580 man, you should hear

01:28:13.080 the first hour

01:28:13.660 on the Super Bowl.

01:28:15.220 That was kind of a...

01:28:16.500 Anyway, yeah,

01:28:18.460 the bad bunny in me

01:28:19.660 came out.

01:28:20.300 Anyway, you can hear that

01:28:22.020 wherever you get

01:28:22.680 your podcast,

01:28:23.440 or you can sign up now

01:28:24.420 for glennbeck.com

01:28:25.800 and Torch,

01:28:26.600 and make sure you can

01:28:27.680 hear everything,

01:28:28.940 including the behind-the-scenes,

01:28:30.680 the insider broadcast

01:28:32.580 broadcast with Jason Buttrill.

01:28:34.860 Okay, let me,

01:28:36.340 before I get into Bitcoin,

01:28:37.400 let me talk to you

01:28:37.840 about Rapid Radios.

01:28:38.780 We've all had that moment

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01:28:45.840 wherever you are,

01:28:46.560 you're trying to reach somebody,

01:28:47.500 you're stuck waving,

01:28:48.440 guessing,

01:28:48.880 walking around,

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01:28:50.740 A bit frustrating

01:28:51.400 when your phone's not working.

01:28:54.120 This is why Rapid Radios

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01:29:10.880 the Rad 1 is built

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01:29:33.240 Head on over

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01:29:37.800 Don't wait for the moment

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01:29:47.600 All right.

01:29:51.020 Let me tell you about Bitcoin

01:29:52.440 and what the real problem is

01:29:53.800 that nobody is talking

01:29:54.740 to you about.

01:29:55.180 Everybody is worried

01:29:56.080 about what is going

01:29:56.820 to happen to Bitcoin,

01:29:57.760 what's going to happen,

01:29:58.480 is it going to go back up,

01:29:59.420 it's going to bounce up.

01:30:00.500 I've heard people say

01:30:01.680 that it could go to $40,000

01:30:03.140 before it starts to bounce up.

01:30:05.440 I don't know.

01:30:07.360 My wife won't let me sell Bitcoin.

01:30:09.640 She's like,

01:30:10.080 we put, you know,

01:30:11.860 a small amount of money

01:30:13.060 into it when it was

01:30:13.880 very, very cheap.

01:30:14.680 And she's like,

01:30:15.160 just leave it alone.

01:30:17.000 You know,

01:30:17.500 we lose it all,

01:30:18.100 we lose it all.

01:30:18.720 And I'm like,

01:30:19.120 yeah, but it's a lot now

01:30:20.500 to lose.

01:30:21.120 And she's like,

01:30:21.660 if we lose it all,

01:30:22.360 we lose it all.

01:30:22.980 Just leave it alone.

01:30:24.240 Stop trying to guess

01:30:25.300 what the market's going to do.

01:30:26.280 So she's probably right.

01:30:30.600 She's always right,

01:30:31.580 but let's not,

01:30:32.260 let's not spread that word.

01:30:34.080 Okay.

01:30:35.120 But I want you to look

01:30:36.060 at the bigger picture here

01:30:37.000 of what's really going on

01:30:38.420 because we are one

01:30:39.740 real event away,

01:30:41.560 a big event.

01:30:42.660 And this could be it,

01:30:43.680 may not be it.

01:30:45.280 But we're one big event

01:30:46.620 away from everything changing.

01:30:48.520 Okay.

01:30:48.940 So I'm going to try

01:30:50.920 to explain this in a way

01:30:51.940 that everybody can understand

01:30:53.160 without all of the,

01:30:55.200 you know,

01:30:55.460 Wall Street talk.

01:30:56.560 I want you to imagine

01:30:57.600 a big,

01:30:58.040 big,

01:30:58.500 beautiful old theater.

01:30:59.440 Okay.

01:31:00.240 Holds 20,000 people.

01:31:02.480 Everybody is calm.

01:31:03.540 Everybody is seated.

01:31:04.560 Music playing.

01:31:05.500 Lights are up.

01:31:06.260 It's great.

01:31:07.160 But there's only one exit door.

01:31:09.480 Now in the real world,

01:31:10.700 that would be illegal.

01:31:12.060 In the financial world,

01:31:13.500 one exit door

01:31:14.480 is a really bad idea.

01:31:15.840 That's called diversification.

01:31:18.120 But you're sitting in this,

01:31:19.460 this theater

01:31:20.660 and there's only one

01:31:21.340 and nobody notices the door

01:31:22.560 because everything is fine.

01:31:23.940 But if something goes wrong,

01:31:25.860 let's say Bitcoin,

01:31:28.500 you know,

01:31:30.720 for most of its life

01:31:31.860 was a small little club,

01:31:33.720 lots of doors,

01:31:34.920 lots of flexibility.

01:31:36.200 People came in,

01:31:37.200 they came in and went,

01:31:38.720 prices moved,

01:31:39.480 no big deal.

01:31:40.840 But then the doors were closed

01:31:42.360 because something changed.

01:31:43.720 Bitcoin grew up.

01:31:45.400 The money still arrived,

01:31:47.080 but Wall Street arrived as well.

01:31:50.220 Corporations arrived.

01:31:51.660 Pension funds arrived.

01:31:53.780 Remember when we all thought

01:31:54.500 that would be a good idea?

01:31:57.300 Quietly,

01:31:57.920 and without most people noticing,

01:31:59.640 Bitcoin stopped being something

01:32:01.060 just people owned

01:32:02.300 and started being something

01:32:03.500 that people borrowed against.

01:32:07.540 That's when the theater filled up.

01:32:10.040 Different people,

01:32:11.680 different reasons,

01:32:12.600 but they're all sitting

01:32:14.100 in the same room.

01:32:15.320 They all share

01:32:16.400 one exit door,

01:32:18.820 and that is

01:32:19.340 turn your Bitcoin into dollars.

01:32:22.200 Now,

01:32:22.700 let me tell you

01:32:23.140 who's sitting in the front rows.

01:32:24.300 These are the people

01:32:24.920 who really matter,

01:32:26.040 okay?

01:32:26.520 This is where all the stress

01:32:27.700 is coming from right now.

01:32:29.580 There are four big groups,

01:32:31.260 and they look separate,

01:32:32.540 but they're not.

01:32:33.700 First,

01:32:34.600 there's a company

01:32:35.180 called Strategy.

01:32:37.160 Years ago,

01:32:37.800 this was a software company,

01:32:39.380 and it was like

01:32:39.940 an unremarkable software company,

01:32:41.940 but along the way,

01:32:43.180 they started,

01:32:43.760 you know,

01:32:43.980 hey,

01:32:44.120 maybe we just buy Bitcoin,

01:32:46.040 okay?

01:32:46.360 Today,

01:32:46.920 it's something entirely different.

01:32:48.320 It doesn't make money

01:32:50.520 anymore selling software.

01:32:52.040 It makes money

01:32:53.240 by holding Bitcoin.

01:32:55.400 People bought the stock

01:32:57.100 often at a premium,

01:32:58.380 okay?

01:32:59.380 Because it was an easy way

01:33:01.000 to own Bitcoin

01:33:01.860 without holding Bitcoin

01:33:03.040 themselves.

01:33:04.000 So,

01:33:04.700 you know,

01:33:05.500 you could buy Bitcoin,

01:33:07.260 or you could just buy this stock

01:33:08.760 because this company,

01:33:09.560 all it did was hold

01:33:10.380 the Bitcoin stock,

01:33:11.520 and as you bought stock,

01:33:13.220 sometimes,

01:33:14.380 let's say,

01:33:15.060 you know,

01:33:15.520 with a premium,

01:33:16.920 they would take that premium

01:33:18.780 and they would take that money

01:33:20.360 and they would

01:33:21.080 then borrow more money

01:33:23.040 and buy more stock,

01:33:24.780 buy it on the margins.

01:33:26.740 No wallets,

01:33:27.900 no keys,

01:33:28.600 you don't have to worry

01:33:29.240 about anything,

01:33:29.700 it's just a stock ticker.

01:33:30.980 A lot of people

01:33:31.560 got into that.

01:33:32.680 Here's the danger.

01:33:34.700 The company's health

01:33:36.060 now depends

01:33:36.960 almost entirely

01:33:38.240 on Bitcoin's price

01:33:39.680 staying high enough

01:33:41.080 so they don't get

01:33:42.260 a margin call.

01:33:43.620 If Bitcoin falls

01:33:45.120 far enough

01:33:45.860 for long enough,

01:33:47.580 the premium disappears,

01:33:48.900 which it now has,

01:33:50.620 raising money

01:33:51.400 gets really,

01:33:52.100 really harder,

01:33:52.740 which it is,

01:33:53.980 and the pressure

01:33:54.580 quietly shifts

01:33:55.440 from confidence

01:33:56.280 to contracts

01:33:57.320 because they made

01:33:58.140 contracts with banks.

01:34:00.060 We will be good

01:34:00.900 for this money

01:34:01.580 that we borrowed

01:34:02.100 to buy all this Bitcoin.

01:34:03.520 Okay?

01:34:04.120 That makes strategy

01:34:05.360 the most sensitive

01:34:06.900 piece of this system.

01:34:08.560 Well,

01:34:08.700 there's problem number one

01:34:09.920 sitting out there.

01:34:10.580 Now,

01:34:10.760 let me take you

01:34:11.120 to problem number two.

01:34:12.640 Bitcoin ETFs.

01:34:14.520 This is,

01:34:15.000 you're not buying,

01:34:15.820 you're not buying Bitcoin,

01:34:17.120 you're buying paper Bitcoin.

01:34:18.640 And these were sold

01:34:19.640 as simple,

01:34:20.400 safe,

01:34:20.740 and very boring.

01:34:21.700 Don't worry,

01:34:22.400 don't worry.

01:34:22.840 This brings stability.

01:34:24.300 Okay?

01:34:24.440 But here's how an ETF works.

01:34:27.140 When people want out,

01:34:29.000 Bitcoin has to be sold.

01:34:31.400 That selling doesn't care

01:34:32.700 about what you believe

01:34:34.220 about Bitcoin.

01:34:35.140 It doesn't care about

01:34:35.980 long-term conviction.

01:34:37.500 It only cares about

01:34:38.760 matching buyers

01:34:39.720 and sellers

01:34:40.560 that day

01:34:41.440 because the seller

01:34:42.400 wants out.

01:34:43.660 When prices fall

01:34:45.120 and people begin

01:34:45.920 to redeem,

01:34:47.020 selling becomes

01:34:47.880 automatic.

01:34:49.160 Not emotional,

01:34:50.360 it's just mechanical.

01:34:51.380 That's number two.

01:34:53.780 Third,

01:34:55.040 Bitcoin miners.

01:34:56.340 Now,

01:34:56.740 this one's simple.

01:34:58.460 These are people

01:34:59.300 who go mine Bitcoin

01:35:00.460 and how do they do it?

01:35:01.500 They use these computer systems

01:35:02.880 and it's gigantic

01:35:04.160 and,

01:35:04.680 you know,

01:35:04.800 in China they're living 1.00

01:35:05.720 by a dam

01:35:06.480 because they live

01:35:07.360 on electricity.

01:35:08.640 Well,

01:35:09.160 every month

01:35:09.900 the power company

01:35:10.820 sends them a bill.

01:35:12.740 Not in Bitcoin,

01:35:14.060 in dollars.

01:35:15.300 Pay this.

01:35:16.740 Well,

01:35:17.260 when the price is high,

01:35:18.660 miners can save.

01:35:19.680 When prices fall,

01:35:21.040 miners have choices.

01:35:22.480 Shut the machines off

01:35:23.740 and pay the bill

01:35:24.920 or sell the Bitcoin.

01:35:27.400 Again,

01:35:27.820 not panic,

01:35:28.600 it's just survival.

01:35:29.480 Sell Bitcoin,

01:35:30.480 pay off the electricity

01:35:31.440 and let's do the math.

01:35:33.020 Okay?

01:35:33.140 This is why miners,

01:35:35.420 Bitcoin miners,

01:35:36.220 are often the first domino.

01:35:38.800 That's number three.

01:35:40.040 Last one,

01:35:40.920 four.

01:35:42.000 Stablecoins.

01:35:43.200 The digital dollar

01:35:44.540 of crypto.

01:35:46.340 These,

01:35:47.100 again,

01:35:47.280 are supposed to be

01:35:48.020 very boring.

01:35:49.740 A dollar

01:35:50.240 stays worth

01:35:51.820 a dollar.

01:35:52.940 But some of them

01:35:54.220 hold Bitcoin

01:35:55.020 as part of their reserves.

01:35:57.180 That's fine

01:35:58.440 unless Bitcoin

01:35:59.440 starts to

01:36:00.340 lose confidence

01:36:01.340 and it starts

01:36:02.080 to go down

01:36:02.640 in value.

01:36:04.280 Which means

01:36:05.160 they've got

01:36:05.980 to sell

01:36:06.640 something

01:36:07.200 to replace

01:36:08.480 that value

01:36:09.700 and raise

01:36:11.060 more capital

01:36:11.880 to make it

01:36:13.140 stable.

01:36:14.000 If people

01:36:14.780 start questioning

01:36:15.540 the stability,

01:36:16.660 redemptions rise,

01:36:18.000 assets have

01:36:18.680 to be sold.

01:36:19.740 Again,

01:36:20.160 not fear,

01:36:20.840 mechanics.

01:36:22.500 So what do

01:36:23.280 all these have

01:36:23.800 in common?

01:36:24.700 Because all four

01:36:25.320 of these groups

01:36:25.780 are different.

01:36:26.400 They look different,

01:36:26.980 they speak

01:36:27.320 different languages,

01:36:28.120 they have different

01:36:28.680 motives, right?

01:36:29.300 But what do

01:36:30.700 they all have

01:36:31.340 in common?

01:36:33.300 They all rely

01:36:34.680 on exactly

01:36:35.360 the same thing

01:36:36.200 at the same moment.

01:36:37.680 The ability

01:36:38.540 to turn Bitcoin

01:36:39.560 into dollars

01:36:40.760 without crashing

01:36:42.300 the price.

01:36:44.080 They've got

01:36:44.880 to get through

01:36:45.580 that single

01:36:46.420 exit door.

01:36:48.040 Now,

01:36:48.720 let me give you

01:36:49.140 history.

01:36:50.380 1929,

01:36:51.220 why did the market

01:36:51.960 collapse?

01:36:54.520 Markets

01:36:55.080 didn't collapse

01:36:55.780 because people

01:36:56.340 were scared.

01:36:57.120 They collapsed

01:36:57.740 because loans

01:36:58.840 were called

01:36:59.400 in.

01:37:00.020 You bought

01:37:00.640 this on the

01:37:01.280 margins.

01:37:02.140 Sell something

01:37:02.860 and pay

01:37:03.420 the bank.

01:37:05.420 In 1998,

01:37:10.240 the same

01:37:11.340 thing happened.

01:37:13.840 Margins

01:37:14.400 were called.

01:37:15.360 They needed

01:37:15.700 to raise

01:37:16.180 money.

01:37:17.540 In 2008,

01:37:19.300 the same

01:37:21.140 thing happened.

01:37:22.780 1998,

01:37:23.620 brilliant hedge

01:37:24.200 fund,

01:37:24.560 didn't fall

01:37:24.900 because it

01:37:25.240 was stupid. 0.95

01:37:25.900 It failed

01:37:26.180 because everybody

01:37:26.760 needed cash

01:37:27.980 at the same

01:37:28.760 time.

01:37:29.740 Same thing,

01:37:30.640 2008.

01:37:31.420 Same pattern,

01:37:32.480 different decades.

01:37:34.300 Here's what's

01:37:34.980 already happened,

01:37:35.760 and this is

01:37:36.100 really important.

01:37:37.120 This is what

01:37:37.580 we've already

01:37:38.040 seen.

01:37:39.440 ETF outflows

01:37:40.620 during decline,

01:37:42.000 so money is

01:37:44.200 leaving this.

01:37:45.040 Mining companies

01:37:45.680 selling Bitcoin

01:37:46.400 to pay the bills.

01:37:47.880 Strategy stock

01:37:48.820 falling faster

01:37:49.800 than Bitcoin

01:37:50.420 itself.

01:37:51.500 Credit agencies

01:37:52.380 openly warning

01:37:53.640 about crypto

01:37:54.360 link balance

01:37:55.020 sheets.

01:37:55.860 That's not

01:37:56.620 a collapse,

01:37:57.360 that's stress

01:37:57.980 testing,

01:37:58.620 and so far

01:37:59.160 the bridge

01:37:59.580 is held,

01:38:00.280 but the

01:38:00.920 weight is

01:38:01.480 real,

01:38:01.980 which brings

01:38:02.500 us to

01:38:03.680 something

01:38:04.080 everybody is

01:38:04.860 mentioning

01:38:05.200 and nobody

01:38:05.960 really understands

01:38:06.940 it.

01:38:08.280 The price

01:38:09.220 of $80,000.

01:38:11.180 The price

01:38:12.060 of Bitcoin

01:38:12.580 under $80,000.

01:38:13.640 Once it

01:38:14.080 hits under

01:38:14.840 $80,000,

01:38:15.420 something changes.

01:38:16.480 Not emotionally,

01:38:18.100 contractually.

01:38:19.860 Below that

01:38:20.800 level for

01:38:21.480 at least

01:38:23.020 two of

01:38:23.680 these

01:38:24.060 institutions

01:38:25.100 I just

01:38:25.480 told you

01:38:25.800 about,

01:38:26.940 if it

01:38:28.060 falls below

01:38:29.020 $80,000,

01:38:29.660 $79,000,

01:38:31.140 especially if

01:38:32.200 it lasts

01:38:32.700 weeks,

01:38:33.460 like 30

01:38:34.100 days,

01:38:35.120 some loans

01:38:35.860 start to

01:38:36.640 look unsafe,

01:38:38.140 margins get

01:38:38.880 reviewed,

01:38:39.920 grace periods

01:38:40.820 quietly end,

01:38:42.680 some boards

01:38:43.460 stop saying

01:38:44.620 wait and

01:38:45.320 start saying

01:38:45.880 prepare.

01:38:46.860 Now 30

01:38:47.960 days is not

01:38:48.580 a magic

01:38:49.000 number,

01:38:49.400 but it is

01:38:50.240 long enough

01:38:50.760 for the

01:38:51.080 patients to

01:38:51.800 turn into

01:38:52.580 paperwork.

01:38:53.280 So people

01:38:53.700 who are

01:38:53.940 like,

01:38:54.220 okay,

01:38:54.520 all right,

01:38:54.860 we'll give

01:38:55.100 you a few

01:38:55.400 more days,

01:38:55.940 but now

01:38:56.860 Bitcoin is

01:38:57.800 under $80,000.

01:38:58.660 It's at

01:38:59.360 $69,000.

01:39:02.260 That's when

01:39:02.940 people who

01:39:03.440 have loaned

01:39:03.940 all this

01:39:04.300 money go,

01:39:04.980 what are

01:39:05.220 you going

01:39:05.500 to do?

01:39:07.780 Paperwork

01:39:08.340 has teeth.

01:39:09.980 Markets

01:39:10.380 don't break

01:39:11.100 when prices

01:39:11.840 fall.

01:39:12.460 They break

01:39:13.020 when obligations

01:39:14.140 activate,

01:39:16.200 when people

01:39:16.820 who never

01:39:17.400 wanted to

01:39:18.020 sell are

01:39:18.560 forced to

01:39:19.380 consider it.

01:39:20.240 And when

01:39:20.920 forced selling

01:39:21.920 starts,

01:39:22.560 it pressures

01:39:23.560 the price,

01:39:24.240 which activates

01:39:24.880 more obligations,

01:39:26.020 which pressures

01:39:26.580 the price

01:39:27.040 again.

01:39:27.560 It's a loop.

01:39:28.440 It just

01:39:29.040 keeps going.

01:39:30.060 It's not

01:39:30.620 hysteria.

01:39:31.340 It's not

01:39:31.720 conspiracy.

01:39:32.440 It's just

01:39:32.940 physics.

01:39:34.000 Back to the

01:39:34.600 theater.

01:39:35.320 One person

01:39:36.000 leaves,

01:39:36.340 no problem.

01:39:37.160 Ten leave,

01:39:37.840 fine.

01:39:38.600 A thousand

01:39:39.140 stand up at

01:39:39.840 once.

01:39:40.240 Nobody gets

01:39:40.620 out quickly.

01:39:41.940 The problem

01:39:42.500 isn't the

01:39:43.380 fire.

01:39:43.800 The problem

01:39:44.200 is the

01:39:44.640 door.

01:39:46.660 And this

01:39:47.260 cuts both

01:39:47.880 ways.

01:39:48.380 If Bitcoin

01:39:50.000 rises and

01:39:51.000 stays high,

01:39:51.880 the pressure

01:39:52.360 completely

01:39:52.860 disappears,

01:39:53.420 just as

01:39:54.180 quietly as

01:39:55.140 it was

01:39:55.680 built.

01:39:56.160 No explosion,

01:39:57.260 no drama,

01:39:57.920 just relief.

01:39:58.700 Okay?

01:39:59.700 This is not a

01:40:00.800 prediction.

01:40:01.320 This is an

01:40:01.760 explanation to

01:40:02.540 you of what's

01:40:03.220 happening.

01:40:04.340 People say,

01:40:05.340 what is

01:40:05.660 happening?

01:40:06.160 Is it

01:40:06.460 different this

01:40:07.000 time?

01:40:07.940 Yeah,

01:40:08.660 it is.

01:40:09.420 And it's not

01:40:10.100 about the

01:40:10.560 price.

01:40:11.560 It's about

01:40:12.480 what I

01:40:13.520 believe really

01:40:14.920 irresponsible

01:40:15.640 people did

01:40:16.920 in building

01:40:18.200 the structure

01:40:18.980 of all of

01:40:19.700 this.

01:40:22.280 These are

01:40:22.840 the kinds

01:40:23.400 of things

01:40:23.860 that happened

01:40:24.320 in 1929,

01:40:25.560 1987,

01:40:26.580 2008.

01:40:27.400 These are

01:40:27.740 the kinds

01:40:28.060 of things.

01:40:28.700 I'm not

01:40:29.300 saying this

01:40:29.740 is going

01:40:30.200 to happen,

01:40:30.880 but it's

01:40:32.200 at 69,000

01:40:33.420 and 79,000,

01:40:35.040 80,000.

01:40:36.320 That's the

01:40:36.920 benchmark

01:40:37.340 where some

01:40:38.380 of these,

01:40:38.740 like strategy,

01:40:39.640 what are you

01:40:40.100 going to do?

01:40:41.120 What are you

01:40:41.400 going to do?

01:40:41.640 you're going

01:40:44.140 to be in

01:40:44.440 a loop.

01:40:46.940 Let's just

01:40:47.440 hope it goes

01:40:47.880 back up over

01:40:48.500 80,000 quickly,

01:40:50.080 but it may

01:40:50.440 not.

01:40:52.200 This may be a

01:40:52.940 big deal.

01:40:53.440 This may be a

01:40:53.940 little deal.

01:40:54.500 I just want

01:40:54.940 you to

01:40:55.140 understand what's

01:40:56.200 actually happening.

01:40:57.760 All right.

01:40:58.180 First, let me

01:40:58.720 tell you about

01:40:59.080 SimpliSafe before

01:40:59.900 we go on,

01:41:00.400 because I want

01:41:00.660 to talk about

01:41:01.280 TrumpRx and

01:41:02.380 some other

01:41:02.940 things that

01:41:03.360 happened and

01:41:04.180 show you what

01:41:04.640 the president's

01:41:05.200 doing for

01:41:05.880 you.

01:41:07.260 I believe

01:41:07.980 putting these

01:41:08.640 pieces together

01:41:09.400 makes sense if

01:41:10.260 you're looking

01:41:10.900 in several

01:41:11.640 pieces.

01:41:12.120 What is he

01:41:12.420 doing for me?

01:41:13.940 Nobody thinks

01:41:14.480 about their

01:41:14.860 home being

01:41:15.180 broken into

01:41:15.780 until they

01:41:16.200 hear a noise

01:41:16.680 in the middle

01:41:17.020 of the night.

01:41:17.560 The hard

01:41:17.840 truth is

01:41:18.280 break-ins

01:41:18.760 happen all

01:41:19.220 the time.

01:41:19.700 Most

01:41:19.900 traditional

01:41:20.440 security

01:41:20.900 systems only

01:41:21.660 react after

01:41:22.380 somebody's

01:41:22.760 already inside.

01:41:23.640 At that

01:41:24.220 point,

01:41:24.520 the damage

01:41:24.880 is done.

01:41:25.640 That's why

01:41:25.880 I like what

01:41:27.020 SimpliSafe is

01:41:27.940 doing with

01:41:28.280 their active

01:41:28.780 guard outdoor

01:41:29.880 protection.

01:41:30.900 Their AI

01:41:31.400 powered cameras

01:41:32.260 are backed

01:41:32.840 by live

01:41:33.620 professional

01:41:34.100 monitoring agents

01:41:34.960 who actively

01:41:36.020 keep an eye

01:41:36.580 on your

01:41:36.860 property.

01:41:37.360 If somebody

01:41:37.680 is lurking

01:41:38.220 or acting

01:41:38.660 suspiciously,

01:41:39.660 they can

01:41:40.300 talk to

01:41:40.720 them in

01:41:41.020 real time

01:41:41.660 before they

01:41:42.040 even get

01:41:42.320 to your

01:41:42.560 house.

01:41:42.820 They can

01:41:43.000 turn on

01:41:43.300 spotlights,

01:41:43.980 contact the

01:41:44.500 police,

01:41:44.860 all before

01:41:45.500 that person

01:41:46.520 is even

01:41:46.860 at the

01:41:47.140 window.

01:41:48.020 That's a

01:41:48.400 whole lot

01:41:48.900 different.

01:41:49.400 It's a

01:41:49.660 different level

01:41:50.280 of protection.

01:41:51.600 There are

01:41:51.820 no long-term

01:41:52.460 contracts.

01:41:53.240 Monitoring

01:41:53.620 starts at

01:41:54.080 about a

01:41:54.320 dollar a

01:41:54.800 day,

01:41:55.080 and they

01:41:55.420 back it

01:41:55.740 up with

01:41:55.940 a 60-day

01:41:56.860 satisfaction

01:41:57.600 guarantee.

01:41:58.340 SimpliSafe.

01:41:58.840 Been named

01:41:59.180 the best

01:41:59.500 home security

01:41:59.980 system by

01:42:00.900 U.S.

01:42:01.260 News for

01:42:01.720 years and

01:42:02.460 ranked number

01:42:02.880 one in

01:42:03.280 customer service

01:42:03.940 by both

01:42:04.480 Newsweek and

01:42:05.220 USA Today.

01:42:06.020 So why

01:42:06.280 protect your

01:42:07.380 home today.

01:42:08.000 Enjoy 50%

01:42:08.800 off a new

01:42:09.380 SimpliSafe system

01:42:10.280 with professional

01:42:11.280 monitoring at

01:42:12.060 simplisafe.com

01:42:13.140 slash back. 0.89

01:42:13.940 That's

01:42:14.340 simplisafe.com

01:42:15.500 slash back. 0.89

01:42:16.140 There is no

01:42:16.660 safe like

01:42:17.520 SimpliSafe.

01:42:18.380 10 seconds,

01:42:18.880 station ID.

01:42:19.280 So how

01:42:32.940 this impacts

01:42:33.600 you if you

01:42:34.240 don't own

01:42:35.080 Bitcoin is

01:42:36.200 this is the

01:42:38.000 way things

01:42:38.460 begin to

01:42:39.140 melt down.

01:42:40.180 You know,

01:42:40.420 one sector

01:42:41.080 begins to

01:42:41.720 melt down and

01:42:42.320 then that

01:42:42.660 affects other

01:42:43.380 sectors.

01:42:44.880 And so

01:42:45.160 this,

01:42:46.460 you don't

01:42:46.660 have to own

01:42:47.220 Bitcoin to

01:42:47.840 care about

01:42:48.260 this.

01:42:48.760 This is just

01:42:49.200 one of those

01:42:49.600 things.

01:42:50.260 Everybody

01:42:50.700 should be

01:42:51.160 aware we're

01:42:51.820 very close

01:42:52.380 to an

01:42:52.660 edge.

01:42:53.080 It doesn't

01:42:53.760 mean we're

01:42:54.080 going to go

01:42:54.380 over the

01:42:54.800 edge.

01:42:55.080 It just

01:42:55.300 means we're

01:42:55.660 close to

01:42:56.120 an edge.

01:42:56.820 And so

01:42:57.340 you should

01:42:57.600 be aware

01:42:58.060 of where

01:42:58.640 the edges

01:42:59.100 are and

01:42:59.620 what they

01:42:59.880 look like.

01:43:00.500 So when

01:43:01.280 other people

01:43:01.720 are panicking,

01:43:02.640 you're not

01:43:03.340 panicking.

01:43:04.980 Because people

01:43:05.720 feel trapped

01:43:06.400 right now,

01:43:07.080 honestly.

01:43:08.740 You know,

01:43:09.160 people,

01:43:12.500 they are

01:43:13.200 beginning to

01:43:13.720 feel poor.

01:43:14.840 I mean,

01:43:15.360 trapped.

01:43:16.000 I think

01:43:16.300 trapped is

01:43:16.720 better.

01:43:16.940 You work,

01:43:17.380 you show up,

01:43:18.300 you do what

01:43:18.720 you're supposed

01:43:19.100 to do,

01:43:19.540 and then

01:43:19.900 every month

01:43:20.440 it gets

01:43:20.740 tighter anyway,

01:43:21.380 right?

01:43:23.020 And it's

01:43:23.620 not because

01:43:23.940 you forgot

01:43:24.340 how to

01:43:24.700 budget,

01:43:25.000 but it's

01:43:26.400 because the

01:43:26.880 biggest cost

01:43:27.400 of ordinary

01:43:28.200 life,

01:43:28.920 energy,

01:43:29.720 housing,

01:43:30.300 healthcare,

01:43:31.160 credit,

01:43:32.240 electricity,

01:43:32.760 are all

01:43:34.060 systems that

01:43:34.960 you have

01:43:35.500 no negotiation

01:43:36.700 power with.

01:43:37.700 You don't

01:43:38.220 bargain with

01:43:38.820 the power

01:43:39.220 company.

01:43:39.820 You don't

01:43:40.380 set the

01:43:41.000 drug prices.

01:43:41.980 You don't

01:43:42.180 decide the

01:43:42.660 interest rates

01:43:43.320 on your

01:43:43.620 credit card.

01:43:44.280 You don't

01:43:44.540 build hedge

01:43:45.340 funds for

01:43:46.000 a starter

01:43:46.580 home.

01:43:47.560 Okay?

01:43:47.860 What do you

01:43:48.400 do?

01:43:48.660 You can't

01:43:49.120 do all the

01:43:49.600 things that

01:43:49.940 big guys

01:43:50.360 can do.

01:43:51.580 I want to

01:43:52.360 explain this

01:43:53.000 to you so

01:43:54.340 you understand

01:43:55.000 this is the

01:43:56.000 problem that

01:43:56.660 Donald Trump

01:43:57.200 is betting

01:43:58.020 on and

01:43:58.660 betting against.

01:43:59.820 He has

01:44:01.720 been working

01:44:02.100 on this

01:44:02.460 big global

01:44:03.160 problem and

01:44:04.060 now I think

01:44:04.620 he's turning

01:44:05.100 his sights

01:44:05.940 to the

01:44:07.000 street problem

01:44:08.800 because you

01:44:09.320 couldn't fix

01:44:09.900 Main Street

01:44:10.460 without really

01:44:11.620 busting up some

01:44:12.460 of the bad

01:44:12.880 stuff that was

01:44:13.400 going on in

01:44:14.420 Wall Street.

01:44:15.500 What he's

01:44:16.120 trying to do,

01:44:16.900 it's not subtle

01:44:18.160 and it's not

01:44:18.700 polite.

01:44:20.060 He's leaning

01:44:20.780 on the biggest

01:44:21.360 players in the

01:44:22.040 economy and

01:44:22.520 saying,

01:44:22.840 you're not

01:44:23.140 allowed to

01:44:23.500 squeeze people

01:44:24.080 forever.

01:44:24.640 You just

01:44:24.880 can't do

01:44:25.220 it.

01:44:26.000 So let me

01:44:26.640 try to show

01:44:27.160 you what

01:44:27.480 he's doing

01:44:28.080 to relieve

01:44:28.940 the average

01:44:29.760 person.

01:44:31.160 First,

01:44:32.000 energy and

01:44:32.440 electricity.

01:44:33.480 When energy

01:44:33.980 is expensive,

01:44:35.100 everything is

01:44:35.680 expensive.

01:44:36.300 Grocery,

01:44:36.780 shipping,

01:44:37.640 manufacturing,

01:44:38.380 heating your

01:44:38.820 house,

01:44:39.200 keeping the

01:44:39.640 lights on at

01:44:40.180 work.

01:44:41.040 Trump's push

01:44:41.580 is really

01:44:41.980 simple.

01:44:42.460 Produce more

01:44:43.240 energy here

01:44:44.140 faster and

01:44:45.440 don't let

01:44:45.980 mega users

01:44:46.840 like data

01:44:47.540 centers dump

01:44:48.320 their costs

01:44:48.880 onto regular

01:44:49.540 families.

01:44:50.260 And the bet

01:44:50.720 is that if

01:44:51.680 supply goes

01:44:52.400 up and

01:44:53.380 the rules

01:44:53.940 change,

01:44:54.600 your power

01:44:55.180 bill will

01:44:55.560 stop climbing

01:44:56.240 every year

01:44:56.860 like clockwork.

01:44:57.720 The second

01:44:59.460 thing he

01:45:00.040 introduced

01:45:00.380 this last

01:45:01.060 Friday,

01:45:02.040 health care,

01:45:02.740 health care

01:45:03.260 and drug

01:45:03.740 prices.

01:45:05.280 Most people

01:45:06.240 don't realize

01:45:07.620 this,

01:45:08.140 but there

01:45:08.440 is a middle

01:45:09.160 layer between

01:45:09.820 the drug

01:45:10.280 companies and

01:45:11.100 the patients

01:45:11.580 that make

01:45:12.080 the money

01:45:12.420 when the

01:45:12.940 prices stay

01:45:13.500 high.

01:45:14.560 Trump is

01:45:15.060 not going,

01:45:16.160 he's going

01:45:16.660 after the

01:45:17.100 middle layer.

01:45:18.060 Okay.

01:45:18.580 Americans

01:45:19.060 should not

01:45:19.600 pay more

01:45:20.060 for medicine

01:45:20.620 than people

01:45:21.100 in other

01:45:21.520 countries.

01:45:21.980 That only

01:45:22.480 makes sense.

01:45:23.180 If that

01:45:24.100 pressure works,

01:45:25.280 it doesn't

01:45:26.200 just save

01:45:26.660 you money,

01:45:27.300 it lowers

01:45:27.900 your stress.

01:45:29.860 Fewer

01:45:30.200 skip

01:45:30.520 prescriptions,

01:45:31.840 fewer

01:45:32.040 impossible

01:45:32.580 choices to

01:45:33.260 make if

01:45:33.640 you need

01:45:34.020 that.

01:45:35.280 The third

01:45:36.000 pressure that

01:45:36.520 we're all

01:45:36.800 feeling is

01:45:37.220 housing.

01:45:38.800 I bet

01:45:39.660 you have

01:45:39.960 felt this

01:45:40.340 one already.

01:45:41.220 You go

01:45:41.460 to buy a

01:45:41.840 house,

01:45:42.380 you lose

01:45:43.160 to somebody

01:45:43.560 who's paying

01:45:43.960 cash.

01:45:44.680 They don't

01:45:45.280 even have a

01:45:45.720 plan to

01:45:46.120 live there.

01:45:47.380 Trump is

01:45:47.860 trying to

01:45:48.300 tilt the

01:45:48.620 field back

01:45:49.320 towards

01:45:49.680 families by

01:45:50.460 limiting how

01:45:51.040 aggressively

01:45:51.500 Wall Street

01:45:52.240 can just

01:45:52.640 come in

01:45:52.960 and scoop

01:45:53.340 up homes

01:45:53.900 meant for

01:45:54.460 people instead

01:45:55.180 of corporations.

01:45:56.380 If that

01:45:57.140 sticks,

01:45:57.660 it doesn't

01:45:58.060 magically make

01:45:58.780 houses cheap,

01:45:59.600 but it gives

01:46:00.240 working buyers

01:46:02.220 a chance to

01:46:03.580 fight for that

01:46:04.320 house again.

01:46:05.320 He's also

01:46:05.860 with immigration,

01:46:06.880 he's also

01:46:07.420 trying to get

01:46:08.120 people out,

01:46:08.820 remove people

01:46:09.560 so you don't

01:46:10.380 have so many

01:46:10.920 people competing

01:46:11.840 for the same

01:46:12.520 house or the

01:46:13.120 same apartment.

01:46:14.700 The fourth

01:46:15.120 thing he's

01:46:15.520 doing is

01:46:15.920 credit.

01:46:17.140 The high

01:46:17.560 interest rates

01:46:18.380 don't hurt

01:46:19.200 billionaires.

01:46:20.160 They hurt

01:46:20.820 people who

01:46:21.300 carry balances

01:46:22.060 because life

01:46:22.820 happened.

01:46:24.260 Trump has

01:46:24.820 openly

01:46:25.500 floated

01:46:26.020 capping

01:46:27.800 credit card

01:46:28.400 interest.

01:46:29.000 This makes

01:46:29.340 me nervous.

01:46:30.940 Or at least

01:46:32.000 putting banks

01:46:32.780 on notice that

01:46:33.460 the days of

01:46:34.020 25, 30,

01:46:35.240 35% annual

01:46:36.780 rates are

01:46:38.100 not politically

01:46:38.740 safe anymore.

01:46:39.900 Stop, stop

01:46:40.900 being a loan

01:46:42.180 shark.

01:46:43.340 Even the

01:46:43.820 threat matters.

01:46:44.980 It signals

01:46:45.420 that the rules

01:46:45.960 might stop

01:46:46.540 favoring the

01:46:47.200 lender over

01:46:47.880 the borrower.

01:46:49.500 Now here's

01:46:50.000 the part Wall

01:46:50.620 Street understands

01:46:51.280 very clearly.

01:46:52.820 When those

01:46:53.200 big costs

01:46:53.880 come down

01:46:54.480 or even

01:46:54.860 stop rising

01:46:55.480 so fast,

01:46:56.340 small and

01:46:57.020 mid-sized

01:46:57.600 businesses

01:46:59.100 breathe again.

01:47:00.040 They hire, 0.96

01:47:00.620 they expand,

01:47:01.240 and they take

01:47:01.680 chances.

01:47:02.760 That's where

01:47:03.420 the disconnect

01:47:04.920 is.

01:47:05.800 Small businesses

01:47:06.600 have not been

01:47:07.240 able to breathe

01:47:07.880 yet.

01:47:08.960 But that's

01:47:09.880 why he's

01:47:10.440 using this

01:47:11.100 strategy to

01:47:12.100 help Main

01:47:12.520 Street companies

01:47:13.220 more than

01:47:13.680 massive

01:47:14.040 corporations.

01:47:15.200 Big firms

01:47:15.960 thrive on

01:47:17.060 financial tricks.

01:47:18.600 Small ones

01:47:19.320 thrive when

01:47:20.320 customers have

01:47:20.980 the money and

01:47:21.780 the costs

01:47:22.180 are predictable

01:47:22.860 so they can

01:47:23.540 come into

01:47:23.840 your store

01:47:24.140 and buy

01:47:24.400 something.

01:47:25.840 This is the

01:47:26.720 political gamble

01:47:27.640 that he's

01:47:28.180 working on.

01:47:28.840 If it works,

01:47:29.540 even a little,

01:47:31.060 people don't

01:47:31.620 vote on

01:47:32.080 speeches.

01:47:32.980 They vote

01:47:33.400 based on

01:47:33.780 whether their

01:47:34.160 life feels

01:47:35.180 less suffocating

01:47:36.780 or not.

01:47:38.240 And here's the

01:47:38.960 part that matters

01:47:39.460 after the

01:47:40.140 election.

01:47:40.960 If the

01:47:41.440 changes work

01:47:42.180 and hold, 0.83

01:47:43.080 they don't

01:47:43.500 expire with

01:47:44.240 his term,

01:47:45.600 lower drug

01:47:46.140 pricing structures,

01:47:47.160 don't vanish

01:47:47.680 overnight,

01:47:48.460 power grid rules,

01:47:49.480 don't reset

01:47:50.220 every four

01:47:50.780 years,

01:47:51.360 housing supplies

01:47:52.220 don't disappear

01:47:52.860 because a

01:47:53.380 poll closes.

01:47:54.480 This is about

01:47:55.240 not a headline,

01:47:56.980 this is about

01:47:57.440 changing the

01:47:58.900 economy and

01:47:59.580 who it answers

01:48:00.320 to.

01:48:01.560 So, you

01:48:02.380 know,

01:48:02.580 whether it's

01:48:03.080 populism or

01:48:03.820 Wall Street

01:48:04.240 manipulation,

01:48:05.060 ignore the

01:48:05.500 labels.

01:48:06.180 The real

01:48:06.460 question is,

01:48:07.500 do you feel

01:48:08.020 like the

01:48:08.340 economy is

01:48:08.900 finally being

01:48:09.420 forced to

01:48:09.920 work for

01:48:10.400 you instead

01:48:11.680 of against

01:48:12.560 you?

01:48:13.500 That's the

01:48:14.220 bet being

01:48:15.040 made right

01:48:15.860 now.

01:48:16.180 Stephen

01:48:19.200 Moore is

01:48:19.520 coming up

01:48:19.840 in just

01:48:20.200 a second.

01:48:20.920 Let me

01:48:21.180 tell you

01:48:22.120 about

01:48:22.360 Preborn,

01:48:23.040 our sponsor.

01:48:23.620 Sometimes

01:48:23.860 the most

01:48:24.320 challenging

01:48:24.780 moments in

01:48:25.400 life,

01:48:26.220 you know,

01:48:26.360 don't come

01:48:26.800 with a

01:48:27.020 neat little

01:48:27.340 plan to

01:48:27.780 solve them.

01:48:28.420 Young

01:48:28.700 woman finds

01:48:29.300 out she's

01:48:29.820 pregnant and

01:48:30.520 instantly her

01:48:31.900 world feels

01:48:32.640 different,

01:48:33.180 fear,

01:48:34.740 questions,

01:48:36.040 pressure from

01:48:36.580 every direction.

01:48:37.840 In that

01:48:38.100 moment,

01:48:38.480 she doesn't

01:48:38.740 need politics

01:48:39.380 or judgment.

01:48:40.060 She doesn't

01:48:40.220 need anybody

01:48:40.540 yelling at

01:48:41.020 her.

01:48:41.580 She needs

01:48:41.960 somebody to

01:48:42.440 slow things

01:48:43.020 down and

01:48:43.420 remind her

01:48:43.820 she's not

01:48:44.300 alone and

01:48:44.900 she's not

01:48:45.280 trapped.

01:48:46.180 That is

01:48:47.020 what

01:48:47.220 Preborn

01:48:47.620 does.

01:48:48.440 Through a

01:48:48.740 network of

01:48:49.300 clinics all 0.96

01:48:49.920 across the

01:48:50.380 country,

01:48:50.720 they provide

01:48:51.120 free pregnancy

01:48:51.980 tests,

01:48:52.880 free ultrasounds,

01:48:53.920 and compassionate

01:48:54.640 support for

01:48:55.340 women facing

01:48:55.960 unplanned

01:48:56.620 pregnancies.

01:48:57.680 An ultrasound

01:48:58.140 can be a

01:48:58.780 turning point,

01:48:59.280 not because

01:48:59.720 anyone is

01:49:00.340 forcing a

01:49:00.900 decision,

01:49:01.600 but because

01:49:02.140 she gets

01:49:02.900 to see

01:49:03.240 what's

01:49:03.520 happening and

01:49:04.100 make an

01:49:04.440 informed

01:49:04.820 choice with

01:49:05.400 dignity and

01:49:06.060 care.

01:49:07.100 Preborn is

01:49:07.900 there in

01:49:08.220 that critical

01:49:09.160 window,

01:49:09.660 offering

01:49:09.960 practical

01:49:10.540 help,

01:49:11.260 resources,

01:49:12.260 hope when

01:49:12.760 everything feels

01:49:13.480 uncertain.

01:49:14.360 It's about

01:49:14.780 standing in the

01:49:15.600 gap for

01:49:16.000 both mom

01:49:16.580 and baby

01:49:17.280 and making

01:49:17.760 sure neither

01:49:18.440 one has to

01:49:19.000 face that

01:49:19.360 moment alone.

01:49:20.380 One ultrasound,

01:49:21.200 28 bucks,

01:49:22.020 all gifts are

01:49:22.580 tax deductible.

01:49:23.940 Please,

01:49:24.620 all your donation

01:49:25.440 goes directly to

01:49:26.340 Saving Babies and 0.68

01:49:27.220 Moms.

01:49:27.680 Donate now,

01:49:28.800 pound 250,

01:49:29.740 keyword baby,

01:49:30.480 pound 250,

01:49:31.400 keyword baby.

01:49:33.060 Chat with Glenn

01:49:33.960 and the team live

01:49:34.960 during the show.

01:49:35.700 We actually read

01:49:36.420 your comments and

01:49:37.080 we actually value

01:49:37.880 your feedback.

01:49:38.800 Join the

01:49:39.220 insider community

01:49:40.020 now at

01:49:40.760 glennbeck.com

01:49:41.640 slash port.

01:49:56.860 Welcome to the

01:49:57.740 Glenn Beck program.

01:49:58.860 I want to play

01:49:59.680 something that's

01:50:00.060 played on Super

01:50:00.560 Bowl.

01:50:00.860 It's a commercial

01:50:01.300 for Trump

01:50:03.160 accounts.

01:50:03.780 Listen to this.

01:50:06.040 Dear America,

01:50:07.120 if I start

01:50:08.340 investing when

01:50:09.040 I'm 16,

01:50:09.880 nine,

01:50:10.440 seven,

01:50:11.300 it can change

01:50:11.980 my future,

01:50:13.100 all our future.

01:50:14.340 I want to be

01:50:15.000 a nurse,

01:50:15.720 go to college,

01:50:16.480 be a business

01:50:17.140 woman.

01:50:17.620 I can save

01:50:18.220 for a house

01:50:18.920 with a trampoline,

01:50:20.740 two trampolines.

01:50:22.100 This year,

01:50:22.800 every American

01:50:23.520 child gets

01:50:24.420 an investment

01:50:25.020 account and

01:50:25.800 millions will

01:50:26.360 be pre-funded.

01:50:27.480 That's free money.

01:50:28.580 We can all

01:50:29.280 experience

01:50:29.980 the American

01:50:30.540 dream.

01:50:32.180 Sign me up.

01:50:37.120 So the

01:50:38.020 savings accounts,

01:50:39.580 we have one

01:50:41.420 of my dear

01:50:41.780 friends,

01:50:42.100 Stephen Moore

01:50:42.620 with us now,

01:50:45.440 the economist

01:50:46.400 extraordinaire.

01:50:47.580 Stephen,

01:50:48.260 can I ask you

01:50:48.780 before we get

01:50:49.240 into the

01:50:49.820 Federal Reserve,

01:50:51.220 what are your

01:50:51.620 thoughts on

01:50:52.180 the Trump

01:50:52.720 savings account?

01:50:54.540 I love it.

01:50:55.340 I mean,

01:50:55.580 look,

01:50:56.220 it's amazing,

01:50:57.840 Glenn,

01:50:58.100 you and I

01:50:58.440 have known

01:50:58.700 each other

01:50:58.980 a long time.

01:50:59.680 I arrived

01:51:00.460 in Washington

01:51:01.040 in the early

01:51:01.840 80s,

01:51:02.500 believe it or

01:51:02.780 not,

01:51:02.960 so over 40

01:51:03.600 years ago.

01:51:04.280 I've become

01:51:04.780 a swamp

01:51:05.420 creature.

01:51:05.820 But when

01:51:07.020 I first

01:51:07.420 came to

01:51:07.740 Washington,

01:51:08.540 do you

01:51:08.720 know what

01:51:08.900 the Dow

01:51:09.140 Jones

01:51:09.440 was?

01:51:10.740 Can I

01:51:10.900 take a

01:51:11.200 guess?

01:51:11.960 Oh,

01:51:13.400 1,000?

01:51:15.040 2,000?

01:51:15.800 Yeah,

01:51:16.120 1,000.

01:51:16.620 It was 1,000.

01:51:17.560 Now we're

01:51:17.940 at 50,000.

01:51:19.140 So this

01:51:19.880 has been

01:51:20.300 one of the

01:51:21.000 most spectacular,

01:51:22.300 probably the

01:51:22.900 greatest wealth

01:51:23.460 creation in the

01:51:24.620 history of the

01:51:25.100 world.

01:51:26.060 It started

01:51:26.680 with Reagan.

01:51:27.600 Reagan did

01:51:28.220 the tax cuts

01:51:29.000 and we

01:51:29.500 sweated the

01:51:30.080 inflation out

01:51:30.860 of the

01:51:31.660 economy that

01:51:32.320 we'd had

01:51:32.660 under Nixon

01:51:33.160 and Ford

01:51:33.540 and Carter

01:51:33.980 and we

01:51:35.680 did the

01:51:36.120 tax rate

01:51:36.620 reductions,

01:51:37.460 we limited

01:51:38.500 the size

01:51:39.220 and scope

01:51:40.180 and regulation

01:51:40.840 of government

01:51:41.360 and it's

01:51:42.400 been an

01:51:42.800 amazing period.

01:51:43.920 You know,

01:51:44.120 American,

01:51:44.800 this is just

01:51:45.400 red,

01:51:45.840 white,

01:51:46.040 and blue

01:51:46.300 stuff,

01:51:46.760 Glenn,

01:51:47.020 but,

01:51:47.600 you know,

01:51:48.360 if you look

01:51:48.940 at the

01:51:49.360 worth,

01:51:50.420 the value

01:51:51.120 of all

01:51:51.640 American

01:51:52.020 corporations

01:51:53.640 today,

01:51:54.440 publicly

01:51:54.760 traded

01:51:55.080 companies,

01:51:55.600 there were

01:51:55.860 $70 trillion.

01:51:58.460 China's 0.76

01:51:59.020 $20 trillion,

01:52:00.180 the EU's

01:52:01.800 maybe $22

01:52:02.920 trillion,

01:52:04.360 Canada's

01:52:05.280 like $4

01:52:05.780 trillion,

01:52:06.180 and we're

01:52:06.500 so blowing

01:52:07.280 away the

01:52:07.740 rest of

01:52:08.080 the world,

01:52:09.580 and so

01:52:10.020 I'm really

01:52:11.060 just,

01:52:12.000 it's incredible

01:52:12.660 that,

01:52:13.300 and,

01:52:13.380 you know,

01:52:13.740 Trump said

01:52:14.320 the other

01:52:14.580 day we

01:52:15.200 could go

01:52:15.520 to Dow

01:52:16.700 $100,000

01:52:17.460 by the time

01:52:18.500 he leaves

01:52:18.820 office.

01:52:19.120 Now,

01:52:19.640 you know,

01:52:19.920 you know

01:52:20.260 Donald Trump,

01:52:20.760 he never

01:52:21.020 exaggerates,

01:52:21.780 right?

01:52:22.560 But even

01:52:23.120 if he came

01:52:23.600 close to that,

01:52:24.340 it would be

01:52:24.940 an amazing

01:52:25.520 thing,

01:52:26.380 and so

01:52:27.220 that's the

01:52:29.600 really,

01:52:30.100 really good

01:52:30.620 news.

01:52:31.260 And by the

01:52:31.620 way,

01:52:31.760 we have

01:52:32.000 140 million

01:52:33.020 Americans

01:52:33.480 that are

01:52:33.820 in the

01:52:34.020 stock market,

01:52:34.700 so it's

01:52:35.520 not just

01:52:35.880 rich people

01:52:36.420 who benefit

01:52:36.820 when the

01:52:37.220 market goes

01:52:37.720 up,

01:52:37.980 your 401k

01:52:38.800 plan,

01:52:39.360 your IRA,

01:52:40.100 all of

01:52:40.420 those go

01:52:40.860 up,

01:52:41.480 but I

01:52:43.140 like this

01:52:43.680 idea of

01:52:44.640 putting money

01:52:45.980 into these

01:52:46.480 accounts when

01:52:47.700 a child is

01:52:48.460 born,

01:52:49.900 and,

01:52:49.980 you know,

01:52:50.640 I think

01:52:50.920 it's going

01:52:51.280 to...

01:52:51.580 Who pays

01:52:51.820 for it?

01:52:52.340 I'm not

01:52:52.820 sure how

01:52:53.740 much the

01:52:54.220 money will

01:52:54.720 go into

01:52:55.080 those

01:52:55.360 accounts.

01:52:56.120 I like

01:52:56.700 the fact

01:52:57.060 that Michael

01:52:57.580 Dell contributed

01:52:58.540 $6 billion

01:52:59.260 to low-income

01:53:00.380 families.

01:53:02.280 I love that.

01:53:02.700 It's one

01:53:02.940 of the most

01:53:03.480 impactful

01:53:04.040 philanthropic

01:53:05.620 contributions

01:53:06.300 ever.

01:53:07.200 But my

01:53:07.540 point is,

01:53:08.060 great idea,

01:53:08.780 yeah,

01:53:08.980 let's let

01:53:09.380 that...

01:53:09.660 So by

01:53:09.960 the way,

01:53:10.340 the time

01:53:10.740 someone is

01:53:11.280 20 years

01:53:11.780 old,

01:53:12.700 even if you

01:53:13.500 just start

01:53:13.860 with a thousand,

01:53:14.460 if you put

01:53:14.800 a thousand

01:53:15.140 dollars in

01:53:15.620 each year,

01:53:16.000 you're going

01:53:16.160 to have

01:53:16.300 a million

01:53:16.560 dollars

01:53:17.060 by the

01:53:17.460 time you're

01:53:18.740 22,

01:53:19.880 25 years

01:53:20.520 old.

01:53:21.300 So I

01:53:21.700 like that,

01:53:22.360 but my

01:53:22.800 only frustration

01:53:24.120 is,

01:53:25.080 that we

01:53:26.460 should have,

01:53:27.240 you know,

01:53:27.780 George W.

01:53:29.280 Bush back

01:53:30.060 in 2004

01:53:31.700 wanted to

01:53:32.600 put money,

01:53:34.120 allow every

01:53:35.720 individual to

01:53:36.540 take 10% of

01:53:38.740 their paycheck

01:53:39.160 and instead of

01:53:39.840 sending it into the

01:53:40.520 black hole of

01:53:41.040 Social Security,

01:53:41.600 put it into an

01:53:42.620 index fund.

01:53:43.860 And, oh no,

01:53:44.680 it's too risky,

01:53:45.920 you know,

01:53:46.040 the Paul Krugmans

01:53:46.880 and the Chuckie

01:53:48.260 Schumers,

01:53:48.900 and oh no,

01:53:49.560 that would be a

01:53:50.000 terrible thing to

01:53:50.700 do.

01:53:50.900 And what a

01:53:51.460 disgrace that

01:53:52.680 we didn't do

01:53:53.520 that.

01:53:53.760 By the way,

01:53:54.220 do you know

01:53:54.460 who the

01:53:54.680 original supporter

01:53:56.940 of that idea

01:53:57.560 was was Steve

01:53:58.180 Forbes,

01:53:58.600 my good friend

01:53:59.120 Steve Forbes.

01:53:59.920 He proposed

01:54:00.780 that in the

01:54:01.280 early 90s.

01:54:02.060 So I'm just

01:54:02.960 frustrated that

01:54:04.080 we haven't

01:54:04.740 democratized the

01:54:05.880 stock market

01:54:06.460 more than we

01:54:07.100 have.

01:54:08.900 All right,

01:54:09.540 let me switch

01:54:10.020 gears.

01:54:10.980 You think that

01:54:11.940 Kevin Warsh

01:54:12.520 is the best

01:54:13.720 man to be the

01:54:14.240 chairman of the

01:54:14.740 Federal Reserve.

01:54:16.000 I don't know

01:54:16.360 anything about him.

01:54:17.460 The only person

01:54:18.100 who would be

01:54:18.400 better than

01:54:18.760 him is me.

01:54:22.720 I would love

01:54:24.000 for you to be

01:54:24.800 the chairman.

01:54:26.340 I'd love for

01:54:27.140 you to be the

01:54:27.580 chairman.

01:54:28.980 If it can't

01:54:29.760 be me,

01:54:30.220 Kevin Warsh

01:54:30.560 is fantastic.

01:54:31.560 Yes.

01:54:32.460 Okay,

01:54:32.920 why?

01:54:34.840 Because he

01:54:35.840 believes,

01:54:36.880 look,

01:54:37.320 first of all,

01:54:37.820 let's keep

01:54:38.260 this really

01:54:38.980 simple because

01:54:39.620 sometimes when

01:54:40.140 you talk about

01:54:40.600 monetary policy,

01:54:41.560 people's guys

01:54:42.200 glaze over and

01:54:42.960 they run for

01:54:43.340 the exit.

01:54:43.960 I can try to

01:54:44.780 make this really

01:54:45.400 simple.

01:54:46.040 Why do you have

01:54:46.500 a currency?

01:54:47.240 Why do we have

01:54:47.620 currencies?

01:54:48.400 So you have

01:54:50.820 something stable

01:54:51.600 that you can

01:54:53.180 count on to

01:54:53.860 buy and sell?

01:54:55.580 Yes.

01:54:56.220 If it weren't

01:54:57.320 for currencies,

01:54:58.560 we'd probably

01:54:58.840 all still be

01:54:59.340 living in caves.

01:55:00.060 So you can

01:55:00.460 trade.

01:55:01.740 And the point

01:55:03.240 of having

01:55:03.580 currencies,

01:55:04.260 it has to

01:55:04.680 have two

01:55:06.100 functions.

01:55:07.120 Number one,

01:55:07.800 it has to be

01:55:08.400 a store of

01:55:09.260 value,

01:55:10.160 because if it

01:55:10.980 loses value,

01:55:11.920 nobody's going

01:55:12.400 to want to

01:55:12.680 hold on to

01:55:13.100 dollars.

01:55:14.340 Would you

01:55:15.640 want to hold

01:55:16.480 on to

01:55:16.860 Venezuelan

01:55:17.640 pesos?

01:55:18.180 Probably not.

01:55:19.340 Or Zimbabwe. 0.51

01:55:21.100 I have a bill

01:55:23.000 in my wallet,

01:55:24.600 Glenn, I think

01:55:25.080 I've shown this

01:55:25.600 to you.

01:55:25.940 It's a trillion

01:55:26.980 Zimbabwe dollars.

01:55:28.860 It's probably

01:55:29.260 worth about

01:55:29.740 36 cents.

01:55:31.060 I think I

01:55:32.180 have a

01:55:32.620 $2 trillion

01:55:33.400 note.

01:55:36.840 Right.

01:55:37.380 So it doesn't

01:55:37.840 matter how many

01:55:38.360 zeros you put

01:55:39.060 on the bill.

01:55:39.560 It doesn't

01:55:39.900 retain its value

01:55:40.880 and is it a

01:55:41.580 means of exchange.

01:55:42.780 And so the

01:55:44.060 only way that

01:55:44.700 a currency

01:55:46.720 can function

01:55:47.340 is if it

01:55:48.680 fulfills those

01:55:49.740 two missions.

01:55:51.720 And the

01:55:52.220 dollar, one

01:55:53.100 of the most

01:55:53.780 important things

01:55:54.760 for the United

01:55:55.480 States in terms

01:55:56.540 of a monetary

01:55:57.080 policy is to

01:55:58.820 make sure,

01:55:59.780 Glenn, that

01:56:00.600 the dollar

01:56:01.220 retains its

01:56:02.480 world reserve

01:56:04.060 currency status.

01:56:05.120 So in other

01:56:05.500 words, all

01:56:06.240 transactions that

01:56:07.260 are international,

01:56:08.300 they don't

01:56:08.600 happen in

01:56:09.020 pesos, they

01:56:09.580 don't happen

01:56:09.960 in euros,

01:56:10.560 they don't

01:56:10.780 happen in

01:56:11.340 the yuan,

01:56:13.760 they happen

01:56:14.320 in dollars.

01:56:15.040 And that's a

01:56:15.580 huge advantage

01:56:16.340 to America.

01:56:17.740 But that can

01:56:18.400 only happen if

01:56:19.400 the dollar

01:56:19.900 remains stable

01:56:21.440 in price.

01:56:22.540 And so I

01:56:23.500 think what

01:56:24.040 you're going

01:56:24.300 to get out

01:56:24.980 of Kevin

01:56:26.840 Warsh is

01:56:27.920 somebody who

01:56:28.460 understands that

01:56:29.700 you will need

01:56:30.680 to keep

01:56:31.020 inflation under

01:56:31.760 control and

01:56:33.040 that growth

01:56:34.060 does not

01:56:34.720 cause inflation.

01:56:36.160 Growth does

01:56:36.780 not cause

01:56:37.320 inflation.

01:56:38.860 Okay, so

01:56:39.560 so help me

01:56:40.440 out on this

01:56:40.800 because Donald

01:56:41.540 Trump wants

01:56:42.380 the rates

01:56:43.360 I know, I

01:56:44.560 know, the

01:56:45.200 rates being

01:56:46.260 lower, typically

01:56:47.900 generally people

01:56:48.700 will say that's

01:56:49.240 going to lead to

01:56:49.720 inflation because

01:56:50.320 it's cheaper

01:56:50.820 money, borrow

01:56:53.020 money, et cetera,

01:56:53.980 et cetera.

01:56:54.340 So why, why

01:56:56.300 do we think

01:56:57.100 that's not the

01:56:57.720 case here?

01:56:59.720 So, uh, I

01:57:01.040 hope Donald

01:57:01.740 Trump, by the

01:57:02.220 way, I love

01:57:02.600 Donald Trump

01:57:03.060 because, you

01:57:03.320 know, I've

01:57:03.640 served as an

01:57:04.520 economic advisor.

01:57:05.300 I think he's

01:57:05.780 done amazing

01:57:06.200 things.

01:57:06.640 I don't

01:57:07.040 entirely agree

01:57:07.880 with him on

01:57:08.360 this.

01:57:08.600 So he,

01:57:09.180 every time,

01:57:09.860 you know, I

01:57:10.240 see him, as

01:57:10.740 long as I've

01:57:11.280 known him, he's

01:57:11.720 always wanted

01:57:12.080 lowered rates

01:57:12.760 because he's,

01:57:13.200 he's a, you

01:57:14.980 know, he's a

01:57:15.540 real estate

01:57:16.680 guy, you

01:57:17.240 know, real

01:57:17.640 estate guys

01:57:18.200 love low,

01:57:19.140 low, low

01:57:19.780 interest rates.

01:57:21.180 The problem

01:57:21.740 is, again, I'll

01:57:23.220 try to make

01:57:23.560 this really

01:57:23.900 simple.

01:57:24.300 Do you

01:57:24.460 remember back

01:57:25.220 in 2024,

01:57:26.880 right before

01:57:27.940 the election,

01:57:29.260 uh, when

01:57:29.980 Kamala Harris

01:57:30.580 was running

01:57:30.980 against Donald

01:57:31.400 Trump, what

01:57:32.260 did, uh, what

01:57:33.180 did Jerome

01:57:33.560 Powell did?

01:57:34.020 He lowered the

01:57:34.900 interest rates.

01:57:35.680 Gee, funny how

01:57:36.440 we did that

01:57:36.920 just six weeks

01:57:37.600 before the

01:57:38.040 election.

01:57:38.380 I think he

01:57:38.720 might've been

01:57:39.100 trying to give

01:57:39.560 a little boost

01:57:40.080 to Kamala, but

01:57:41.200 the point is it

01:57:42.300 didn't work.

01:57:42.960 You know why?

01:57:43.600 What happened to

01:57:44.360 mortgage rates

01:57:45.100 after they cut

01:57:45.960 the, uh, fed

01:57:46.800 funds rate?

01:57:47.300 They go up.

01:57:51.240 They went up.

01:57:52.280 No, they went

01:57:52.740 up.

01:57:53.300 They went up.

01:57:54.220 Yeah.

01:57:54.660 Why did they go

01:57:55.300 up?

01:57:55.520 They should go

01:57:56.180 down.

01:57:56.780 Because, well,

01:57:58.500 except that when

01:57:59.860 the fed funds rate

01:58:00.840 is cut, that

01:58:02.180 pushes more money

01:58:03.380 into the economy,

01:58:04.200 right?

01:58:05.340 It's a short

01:58:06.180 term sort of

01:58:06.740 stimulus because

01:58:07.440 you get this more

01:58:08.560 money in the

01:58:09.040 economy, but that

01:58:10.620 tends to lead

01:58:12.400 to what?

01:58:13.360 More inflation,

01:58:14.740 right?

01:58:14.980 Because as

01:58:15.440 Milton Friedman

01:58:16.000 taught us,

01:58:16.440 inflation has

01:58:16.920 too many

01:58:17.340 dollars chasing

01:58:18.080 too few goods.

01:58:19.240 So my point

01:58:19.980 is I'm not so

01:58:20.900 sure that lowering

01:58:22.080 rates, and I'm

01:58:22.800 not against the

01:58:23.440 rate cut, but

01:58:24.320 it's not like

01:58:25.180 people think

01:58:26.680 that the, that

01:58:27.480 the fed

01:58:28.200 chairman is like

01:58:28.860 the wizard of

01:58:29.440 Oz behind a 0.97

01:58:30.140 curtain.

01:58:30.480 He could just

01:58:30.800 push a button

01:58:31.380 or pull a

01:58:31.840 lever and make

01:58:32.380 the economy

01:58:32.880 work.

01:58:34.080 I mean, that's,

01:58:34.620 that's not the

01:58:35.260 way it happens.

01:58:36.300 And so, um,

01:58:38.040 I think what we

01:58:39.620 want is stable

01:58:40.540 prices.

01:58:41.020 We want to get

01:58:41.740 that inflation

01:58:42.300 rate down to

01:58:42.920 2%.

01:58:43.360 I think we're

01:58:43.960 headed there.

01:58:44.900 Uh, so I'm

01:58:46.140 fine with

01:58:46.700 lowering the

01:58:47.300 rates maybe

01:58:47.800 once or twice,

01:58:48.460 but don't do

01:58:49.080 it too much

01:58:49.620 or else you're

01:58:50.440 going to get

01:58:50.880 a recurrence of

01:58:51.840 the high

01:58:52.140 inflation that

01:58:52.760 we had under

01:58:53.200 Biden, which

01:58:53.760 is the last

01:58:54.260 thing.

01:58:54.420 So then what

01:58:54.980 is, so what

01:58:55.740 is Kevin

01:58:56.140 worse going to

01:58:56.740 do that besides

01:58:58.000 what other tool

01:58:58.940 does he have?

01:58:59.640 he, well, uh,

01:59:01.680 first of all, he

01:59:02.480 can, um, he, you

01:59:04.260 know, there's two

01:59:04.680 things he can, he

01:59:05.460 can adjust the

01:59:06.400 interest rates, uh,

01:59:07.780 up and down, but

01:59:08.800 he has to monitor.

01:59:10.180 He wants to keep

01:59:10.940 the inflation in

01:59:11.920 that right target.

01:59:12.940 The other thing

01:59:13.600 is, you know, the

01:59:14.320 fed has a massive

01:59:16.080 balance sheet of

01:59:17.300 trillions and

01:59:17.940 trillions of

01:59:18.480 dollars.

01:59:19.280 And why, why

01:59:21.180 sell them?

01:59:22.100 We don't want the

01:59:22.820 government owning

01:59:23.440 assets.

01:59:25.380 So he can, and

01:59:26.460 the other thing,

01:59:27.040 you know, what he

01:59:27.400 should do, Glenn,

01:59:28.680 you know how many

01:59:29.420 people walk in, work

01:59:30.960 in that Taj Mahal

01:59:32.540 that, that, uh,

01:59:33.800 Jerome Powell is

01:59:34.660 building, uh, right

01:59:35.840 off of Pennsylvania

01:59:36.620 Avenue.

01:59:37.340 It's like less than

01:59:38.340 a thousand people.

01:59:39.620 Three thousand.

01:59:41.880 I say, I told

01:59:43.440 Kevin worse and he

01:59:44.180 said, let's just

01:59:45.940 fire half of those

01:59:47.340 people.

01:59:47.700 What do they do?

01:59:52.040 Is he one of us?

01:59:54.420 Yeah, he is.

01:59:55.740 He's a free market

01:59:56.360 guy.

01:59:57.040 Total.

01:59:57.760 I think he's, he's

01:59:58.860 going to be

01:59:59.160 excellent.

01:59:59.640 I think he, he

02:00:00.640 gets everything that

02:00:01.480 we've been talking

02:00:02.060 about.

02:00:02.760 Uh, if we get a, if

02:00:03.980 we get a stable and

02:00:05.180 strong dollar and

02:00:05.840 that's the other

02:00:06.220 thing, keep the

02:00:07.260 dollar, the world

02:00:08.440 reserve currency.

02:00:09.500 We will, we will, uh,

02:00:11.040 we will continue to be

02:00:12.040 the global leader

02:00:12.840 around the world.

02:00:13.800 I look, I'm super

02:00:14.940 bullish right now.

02:00:15.820 I really am.

02:00:16.420 I think Trump is, I

02:00:18.040 don't always agree with

02:00:18.700 everything he does or

02:00:19.860 says, but for the

02:00:21.040 most part, this is a

02:00:22.180 Trump boom right now

02:00:23.720 we're in.

02:00:24.180 It really is.

02:00:24.920 And I don't

02:00:25.800 understand why the

02:00:26.660 public, you know, you

02:00:27.720 look at the

02:00:28.180 consumer sentiment and

02:00:29.340 it's down and it, you

02:00:30.960 know, now half the

02:00:31.560 people just hate Trump

02:00:32.420 no matter what he

02:00:33.000 does.

02:00:33.280 Right.

02:00:33.600 So, you know, he's

02:00:34.880 got a cap at about

02:00:35.720 50% approval, but, uh, I

02:00:38.080 think you're going to

02:00:38.620 start to see people

02:00:39.500 really realize, Hey, this

02:00:40.780 is that this is about as

02:00:41.800 good as it gets to the

02:00:42.740 economy.

02:00:43.400 You know, you've got a

02:00:44.140 booming stock market, you

02:00:45.520 got inflation coming

02:00:46.340 down, you've got gas

02:00:48.020 prices at two 69 a

02:00:50.160 gallon.

02:00:50.600 I mean, it's just a

02:00:51.240 beautiful picture.

02:00:52.780 I think the problem is,

02:00:54.480 is that nobody feels,

02:00:55.860 they all feel my job

02:00:57.300 could go away tomorrow.

02:00:58.740 This could end tomorrow.

02:00:59.800 Yeah.

02:01:00.720 You know, we still have

02:01:02.660 inflation.

02:01:03.200 It's, you know, it's

02:01:04.160 close to zero as you're

02:01:05.400 going to get it.

02:01:06.460 Um, but we didn't go

02:01:07.600 back.

02:01:08.120 So, you know, except in

02:01:09.340 some things we went way

02:01:10.740 back, but, um, you know,

02:01:12.840 so it's not back to the

02:01:14.400 way it was in 19, you

02:01:15.780 know, in, uh, 2019, which

02:01:17.500 you wouldn't expect it to,

02:01:18.500 but so they're seeing

02:01:19.760 that, by the way, you

02:01:21.380 don't want that the worst,

02:01:22.920 you know, what's even

02:01:23.760 worse than high inflation

02:01:25.020 it's deflation.

02:01:26.140 And we had, you know,

02:01:26.920 what we had deflation in

02:01:28.020 the 1930s.

02:01:29.540 So we want that.

02:01:30.740 We just want to, and we

02:01:31.920 all make this mistake.

02:01:32.920 I mean, Trump made this

02:01:33.800 mistake today.

02:01:34.420 I've made it, uh, earlier

02:01:36.280 on a show this morning, I

02:01:37.780 said, well, we want

02:01:38.480 falling prices.

02:01:39.140 No, we don't want

02:01:40.000 falling prices.

02:01:40.940 We want falling inflation.

02:01:42.800 That's different.

02:01:43.820 In other words, we don't

02:01:44.620 want things to depreciate

02:01:45.820 in value.

02:01:46.160 We just want to keep

02:01:46.960 them steady.

02:01:47.620 And I think Trump is on

02:01:48.900 that course and, and, uh,

02:01:50.700 and he, you know, he

02:01:51.300 gets it and look, he's a

02:01:52.920 businessman.

02:01:54.600 That's what's so unique

02:01:55.860 about Trump as a

02:01:56.700 politician.

02:01:57.120 He actually understands

02:01:58.720 business.

02:01:59.240 How many of these doofuses

02:02:00.960 in Congress do you think

02:02:02.000 understand business?

02:02:03.840 None.

02:02:04.880 Very few.

02:02:05.600 Let me ask you this.

02:02:06.360 I wouldn't say not.

02:02:07.660 Yeah.

02:02:08.220 Um, let me ask you this.

02:02:09.240 I have been saying for a

02:02:10.520 while that Trump has been,

02:02:11.880 but been breaking up the

02:02:13.480 international order in his

02:02:15.420 first year.

02:02:16.080 That's what he was doing.

02:02:17.220 He was breaking all of

02:02:18.340 that up and he's doing a

02:02:19.280 brilliant job.

02:02:21.160 Now he's softening and

02:02:23.980 he's turning his attention

02:02:25.520 to main street this year,

02:02:27.000 but he couldn't turn his

02:02:27.920 attention to main street

02:02:29.140 until he got the people out

02:02:31.000 of the way who were trying

02:02:31.880 to say main street doesn't

02:02:33.560 matter.

02:02:35.360 And so he's turning it to

02:02:36.560 main street now and doing

02:02:37.560 things.

02:02:38.080 Do you think that's accurate?

02:02:40.120 Yeah.

02:02:40.620 And what's going on in the

02:02:41.580 world right now is there's,

02:02:43.220 uh, units, United States envy.

02:02:45.160 And so, uh, our economy is

02:02:47.540 growing much faster than any

02:02:49.140 other country.

02:02:49.700 We're growing faster than

02:02:50.820 Canada.

02:02:51.360 We're growing.

02:02:51.800 Europe is flatline.

02:02:53.300 China's not doing very well.

02:02:54.660 Japan's been flat, flatline.

02:02:56.240 And, and I got to tell you

02:02:57.680 everywhere around the world

02:02:58.780 though, cause I do travel

02:03:00.360 around and people, when I

02:03:02.080 talk to just average people

02:03:03.520 on the street, you know, I

02:03:04.480 go to Canada or I'll go to 0.98

02:03:06.420 Britain or I'll go to Asia. 0.65

02:03:08.220 I, what do you think about

02:03:09.420 Donald Trump?

02:03:09.920 They love Trump.

02:03:11.220 You know why?

02:03:11.800 And they, and I predicted

02:03:13.580 that we are going to see a

02:03:15.500 Trumpian power to the people

02:03:17.280 movement all around the world.

02:03:18.680 And we're seeing that already.

02:03:20.160 Look what's happened in

02:03:21.180 Argentina.

02:03:21.680 Look what's happened in

02:03:22.960 Costa Rica.

02:03:23.740 Look what's happening in

02:03:24.880 almost all of Central

02:03:26.080 America.

02:03:26.460 They're moving towards a way

02:03:28.680 from these arrogant, out of

02:03:30.240 touch politicians that are

02:03:31.960 self-serving.

02:03:33.180 And I think you're going to

02:03:34.280 see in Britain, do you know

02:03:35.460 Nigel Farage?

02:03:36.380 Have you met Nigel?

02:03:37.460 I do.

02:03:38.140 I do.

02:03:38.940 I think, I think he's going

02:03:40.080 to be the next leader of

02:03:40.840 Britain.

02:03:41.160 I really do.

02:03:42.300 Uh, and so what I'm saying

02:03:44.180 is what's so exciting is we

02:03:46.820 could see this kind of power

02:03:48.000 of the people, Trumpian

02:03:49.220 revolution all over because

02:03:51.280 it's working in the United

02:03:52.140 States and everybody's

02:03:52.880 looking like, remember that

02:03:53.860 famous scene in the movie

02:03:55.080 when Harry met Sally, when

02:03:56.600 Meg Ryan says, I'll have a

02:03:58.140 cheese having.

02:03:59.560 Yeah, exactly.

02:04:01.300 That's what the worst

02:04:01.940 of the world is saying.

02:04:03.180 I want what they're having.

02:04:05.160 Yeah.

02:04:05.520 I'll have a cheese having.

02:04:07.060 Uh, Stephen, always great

02:04:08.180 to talk to you.

02:04:08.800 Thank you so much for

02:04:09.940 phoning in.

02:04:10.420 Okay, glad.

02:04:11.000 Have a great week.

02:04:11.740 Take care.

02:04:12.500 Stephen Moore, uh, good

02:04:14.400 friend of the program and a

02:04:15.920 really smart economist.

02:04:17.740 All right.

02:04:18.340 Back in just a second.

02:04:19.220 Let me tell you about

02:04:19.900 Burn a Launcher.

02:04:20.580 There's a big difference

02:04:21.520 between living in fear and

02:04:22.760 living prepared.

02:04:23.880 Most days, everything is

02:04:24.920 fine.

02:04:25.380 You know, you run errands, you

02:04:26.220 go to work, you walk through,

02:04:27.520 you know, public lots and

02:04:28.760 parking places and everything

02:04:29.980 else.

02:04:30.620 You don't give it a second

02:04:31.560 thought.

02:04:31.840 You don't have to.

02:04:33.300 The truth is a bad situation

02:04:35.000 doesn't schedule appointments.

02:04:36.400 However, they happen fast.

02:04:38.180 They happen unexpectedly.

02:04:39.700 And that's why a lot of people

02:04:41.100 look for self defense options

02:04:42.900 that don't involve carrying a

02:04:44.320 firearm.

02:04:44.780 They don't want that kind of a

02:04:46.420 decision on their hands.

02:04:48.180 Burn a Launcher fills that

02:04:49.180 space.

02:04:49.540 It's a less lethal tool that

02:04:51.300 uses pepper and tear gas and

02:04:53.520 kinetic projectiles to help

02:04:55.280 stop a threat from a distance,

02:04:57.240 giving you a way to create space

02:04:58.820 and get you to safety without

02:05:00.800 using deadly force.

02:05:01.900 It's legal in all 50 states.

02:05:03.540 It doesn't require a permit,

02:05:05.380 which means it's accessible for

02:05:06.740 people who, you know, want an

02:05:07.780 extra layer of protection, but

02:05:08.800 aren't comfortable with the

02:05:09.780 traditional weapons.

02:05:11.000 It's compact, easy to use,

02:05:12.660 designed for the real world

02:05:13.640 scenarios where seconds matter.

02:05:15.580 I hope you never need it, but if a

02:05:16.860 moment comes where you do having

02:05:18.040 an option like this makes all

02:05:19.260 the difference, go to

02:05:19.900 Burna, B-Y-R-N-A dot com slash 0.94

02:05:21.960 Glenn, Burna dot com slash

02:05:24.020 Glenn.

02:05:24.340 You can buy one at Sportsman's

02:05:25.480 Warehouse located near you.

02:05:26.740 It's Burna dot com slash Glenn.

02:05:30.200 Once you recognize a sci-op or

02:05:32.940 psychological operation, everything

02:05:35.780 changes.

02:05:36.720 Stay informed citizens at

02:05:39.660 Glenn Beck dot com.

02:05:59.840 Oh my gosh.

02:06:00.880 Anybody watching the Olympics?

02:06:02.400 I can't, I mean, I can't find

02:06:05.960 anything.

02:06:06.300 You go to Peacock and you'll, I

02:06:07.560 just want to just edit it down

02:06:09.040 for me.

02:06:09.360 Just show me the aisle.

02:06:10.180 I just want to watch the figure

02:06:11.140 skating and, you know, like

02:06:12.760 just the gold winners.

02:06:14.280 And, you know, especially when

02:06:15.620 America wins, that's all I really

02:06:17.100 want to see.

02:06:17.940 You know, I spent like 20 minutes

02:06:20.580 watching curling.

02:06:22.300 I'm like, my wife had never seen

02:06:24.700 curling before.

02:06:25.300 And I'm trying to explain the

02:06:26.880 brush makes the stone go faster.

02:06:28.960 She's like, this is a sport.

02:06:30.020 And I'm like, I grew up near the

02:06:31.520 Canadian border.

02:06:32.400 It was a sport every Saturday on

02:06:34.360 the CBC.

02:06:35.280 God only knows why.

02:06:36.140 Um, but anyway, um, and by the

02:06:38.900 way, Canada, Lululemon, we have

02:06:41.380 Ralph Lauren.

02:06:42.320 He does all of our uniforms.

02:06:44.660 You had Lululemon make this, I

02:06:47.780 don't know, this, this uniform,

02:06:49.400 this big coat with a big maple

02:06:50.980 leaf.

02:06:51.260 You know what you look like?

02:06:52.180 You look like my neighborhood

02:06:53.840 after we raked the leaves.

02:06:56.560 Every fall, we'd fill a bag of

02:06:59.340 leaves, tie it up and leave it

02:07:01.180 there for the garbage to pick up.

02:07:03.120 That's what your athletes look

02:07:05.060 like.

The Glenn Beck Program - February 09, 2026

How Bad Bunny's Halftime Show EXPOSES the NFL ｜ Guest： Stephen Moore ｜ 2⧸9⧸26

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