Ron DeSantis is out, Nikki Haley is pushing in New Hampshire, Donald Trump has officially retired the name Ron deSantis, and the world is all about to change. We have the latest on the WEF and so much more, including what s happening in the economy that you need to know about.
00:43:18.800Enlightenment this is the Glenn Beck Program
00:43:24.140Hello America welcome to the Glenn Beck Program we've got a lot on our plate today I'm going to explain the DeSantis and Trump campaigns and this election cycle to well believe it or not Braveheart and Camelot and you'll understand I think the political realm a little clearer in the next few minutes so stand by
00:44:24.100That we are excited to tell you about that shows we're putting them into checkmate and it's all because of you coming up in just a second stand by
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00:46:13.720All righty we have Carol Roth on with us hello Carol how are you I can't hear Carol you yeah you oh great I was saying what a better way to start the week than with you and your fabulous community so off to a fantastic start.
00:46:35.600So let me give some good news to this fantastic audience big news from Florida the the law that we spoke about the last time that Justin Haskins was in town in Dallas.
00:46:50.600We were talking to a Florida representative it is working more than a hundred Florida banks including some huge nationally chartered banks have just signed an agreement with the state that they will not discriminate on the basis of customers political views.
00:47:08.860This is one of the main reasons why we wanted this in the first place you can see the legislation I'm going to tweet it out here in just a minute or so the legislation behind this is the same that we've been promoting since the Great Reset book was released in January of 2022 same legislation that lawmakers learned about when they came to the summit that we hosted at Mercury One in Dallas.
00:47:35.160And it's the same one and it's the same one that I talked about when I was on the on the stage of the pro-family legislative conference in November of 2023 this is a massive massive win Donald Trump has also formally committed on the campaign trail to stopping banks from discriminating on the basis of politics.
00:47:54.100The whole point of the whole point of the bill that we were pushing in Florida if other states pass bills like the one in Florida we will win and destroy ESG we're getting an update hopefully I'll have one by the end of the show on how many other states are taking this up but Florida again is leading the way.
00:48:14.780Donald Trump says Donald Trump says he is is right with this we need your state to follow Florida's lead the banks are jumping off and they are actually signing promises that they will not consider your politics when looking at loans or anything else that is huge Carol huge.
00:48:37.180That is huge and I want to point out Glenn this is the second grassroots win that we've heard about within the last seven days and I am so proud of you and everyone in your audience who has been saying I'm not sure that I can make a difference but you know I'm going to try I'm going to write a letter I'm going to send some some comments and whether it's to my state legislator representative or to my governor or whoever it is.
00:49:04.100We're seeing that when enough people stand up they can make a difference and that should inspire and fire everybody else up to continue this because it is working and so I'm thrilled by the way that I get to say some participate in some good news on your program.
00:49:21.820I know I know I know that's going to end soon your mood won't improve much but but but I do want to point out what you just said talk about what happened last week.
00:49:32.860That was another massive win and it started with this audience a hundred percent started with this audience and it started with you and Marlo Oaks the treasurer out of Utah who brought to our brought to our attention these natural asset companies and the fact that the New York Stock Exchange had gone to the SEC and said we want to list them.
00:49:56.120We want to list these companies who can control and manage natural resources and we said no this isn't going to happen and so you brought this to everyone's attention.
00:50:07.420We came up with a template people from this audience hundreds of people from this audience came emailed me personally for that template sent it in.
00:50:16.040And there was so much pressure that the SEC didn't even get to rule the New York Stock Exchange withdrew the rule because of the pressure from patriots from this audience.
00:50:29.580So now we've got this we've got the the ESG we've got the non-discrimination we have momentum.
00:50:35.300So certainly lots more work to be done but everybody should take that moment to take a victory lap doesn't mean you have a party for the rest of the year but for a quick moment to say I made a difference if I participated and if you didn't do it the last time around next time do it the next time because the more people who do it the more of a chance we have to make that difference.
00:50:58.740So we're going to get into why this is so critical that you understand the power that you have and really know it it's critical make sure you're listening next hour because I'm going to show you massive moves now being made on silencing voices like ours to alert people like you.
00:51:22.840So you may have to be the replacement vote voice to encourage others it is the digital ghettos are being made right now and they're going to start putting people behind those walls soon.
00:51:37.740Okay, so Carol, let me explain the discount window and see if I have it right discount window at the Fed think of a bunch of windows at a bank where you walk up to windows.
00:51:48.620The discount window was where banks if they walked into the Fed which is the bank of banks okay so all those windows there's bankers at the windows no people like you and the discount window was the kind of shameful window at the end that everybody could see.
00:52:06.840And you could walk up to the discount window if your bank was in trouble and say I need to borrow some more money I need it here because we're getting a little dicey on our books and all the bankers could look over to see who is in line at that discount window and then they'd say Bank of George is in trouble did you see that George was just up there the Bank of George is in real trouble.
00:52:31.240And so it was shameful and so it was shameful and nobody wanted to go up to that discount window after 2008 they took all that shame away and now you can walk up and go yeah man right are we all in trouble you bet can you give me some more money do I have that right.
00:52:48.660A pretty similar and it's an unfortunate name because the discount window does sound like a place at Nordstrom where you maybe get a discount on some good good good goods right but you know you said it is sort of has a stigma attached to it because within the banking system within the plumbing as you noted banks lend to each other on a regular basis.
00:53:09.240And if you're in good shape and if you may go if you have a liquidity need overnight or for short term you may go to another bank and you may get a loan and that's actually what the Fed funds rate sets that target rate of lending at that we hear we hear oh you know we're going to go up 50 basis points we're going to go down that's that interbank lending rate.
00:53:28.940The discount window as you mentioned is at the Fed funny enough it's not even at a discount it's actually at a premium to the Fed funds rate because banks who you know can't get the money elsewhere have to go to the Fed we've heard the name or the phrase the Fed is the lender of last resort and that's if you're in line at that discount window it's because you've got nowhere else to go in order to get that money for your liquidity.
00:53:55.060So while that information isn't reported usually on a case by case basis for about two years you don't know specifically there's enough detail that participants in the market can infer who's going to those windows.
00:54:11.680And then also it's a very important market signal because in the aggregate if we're seeing a lot of loans being taken down via the discount window which is reported on a regular basis we can infer that there's trouble in the banking system.
00:54:27.160So like we did last March when there was the banking crisis you saw this huge spike in discount window usage.
00:54:33.660So I think that that kind of pieces that this all together.
00:54:41.060So there is a new rule that is being worked on this had been rumored to be happening for a long time and now it's finally come out and it's between the Fed the Treasury and the I believe it's the FDIC and they are planning to say well because there's so much well actually they're not saying because I'm getting ahead of myself.
00:55:02.400So they're basically saying they're going to introduce a new rule that if you are a bank over a certain size I think the 100 billion dollars is the assumed cutoff point that we're going to force you to use the Fed discount window every year on whether you need a loan whether you don't need a loan whether you can borrow from another bank doesn't matter.
00:55:25.160We're going to make sure we're going to make sure we're going to make sure that you do it and the reason they think we're so stupid they say well the reason we had this crisis in March wasn't because we had all of these underwater you know securities on banks balance sheets.
00:55:41.660It was because they couldn't figure out how to use the discount window.
00:55:46.700So this will be like a dress rehearsal or a fire drill.
00:55:50.760So if you do it on a regular basis now you know and we can avoid the other crisis which is absolutely insane and if you believe that I have a bridge to sell you.
00:56:01.300That is like that is like cops saying yeah well we've got to fire our guns you know at people once in a while because otherwise if something happens we won't know how to fire guns at people.
00:56:16.560I mean that's crazy of course they know how to use it that's their job to learn how to use it it seems to me they're forcing these banks to do it so we don't know who's in trouble anymore.
00:56:28.240Bingo so there is this great newsletter called FX hedge and they brought this out into the open and sort of surmise the different reasons why this was happening and I'll add my own flavor in here too but like you said the obvious reason is that they're trying to obfuscate the information and the signals they're trying to hide what is going on in the banking system.
00:56:50.300So that that's the clear reason the only reason why you would force everybody to do it because of course if you're part of the Fed system you're going to know how to use the discount window right there big big huge banks and they can't figure out how to use the discount window.
00:57:03.700I mean it's absolutely insane but it also kind of if you start going down the line it means that they must think that there's some reason for them having to hide this information which is the various issues and weakness that we have known for a while remains in the the banking system.
00:57:21.840On top of that this FX hedge newsletter also talked about the idea of consolidation something that you and I have spoken about a lot within the banking system and centralization that if the banks are no longer lending it to each other and they're now relying on the Fed this is shifting the banking system away from you know more of a quasi free market to more Fed controlled system which we know is something that we have been concerned about.
00:57:51.740With CBDC and then you know a fourth reason could be these liquidity issues that we're seeing in the Treasury market and the need for the Fed to find ways to increase its balance sheet without calling it QE.
00:58:05.580So lots of possible different reasons but certainly that first hallmark reason that they're trying to hide information and issues within the banking system is just it's a not only a head scratcher but it's a red
00:58:21.620neon sign okay hang on Carol I got to take a quick break the commercial I'm paying for because it's my company so I'm just going to give it a real quick hit because what we're talking about here with what's coming in the economy is too important to spend too much time.
00:58:35.960So let me just tell you if you are looking to buy or sell a house the information she has and she's giving you is really really important but you need somebody who knows and understands what's happening in the market can see what's happening you need somebody honestly who is as well informed as you are and then an expert in real estate.
00:58:55.680So if you're looking to buy or sell your house realestateagentsitrust.com we'll find the right real estate agent in your area if we don't have one in your area we're not going to recommend anybody we just want the very best of the best it's realestateagentsitrust.com go there first when you're looking for a representative or real estate agent for you realestateagentsitrust.com 10 seconds station ID back to Carol.
00:59:25.680Okay so Carol there's there's also something going on that I don't understand and that is we are now I guess the US has proposed that we just take 300 billion dollars of Russian assets unfreeze them and I guess what divvy them up to us what what is this?
00:59:47.060All right so this is a proposal that is expected to be put forward at the end of February and it's something we need to keep our eyes on because in the context of the discussions we've been having about de-dollarization and the US being the global reserve currency it's very important.
01:00:04.900There are people like Larry Summers who as you may remember was a former treasury secretary under Clinton he was also Obama's director of the NEC and so he's been working with some other economist folks in the G7 and they are exploring ways as a group to figure out how they can legally take all of the assets or at least 300 billion dollars of the assets that they froze back when Russia invaded
01:00:34.640Ukraine you remember they did this they weaponized the dollar and it created all sorts of issues and they had frozen those reserves so Russia couldn't access them well now they're trying to justify legally that they have the ability to seize those fully so not just freeze them we went from freeze to seize take them and what they want to do is they want to give them to Ukraine going to compensate Ukraine in some way shape or form
01:01:03.300I know it totally doesn't sound like money laundering at all Glenn I'm not suggesting that but yeah so they wanted to use this 300 billion dollars that belongs to Russia seize it quote unquote legally and so they have been in this working group and it's expected that at the end of February I think that the dates February 24th they're going to be in this group and that they are going to make this announcement and if you go to Larry Summers Twitter you know he's talking about
01:01:33.280you know oh I'm so excited that the G7 is on board with this and this is the moral and right thing to do this is that I you know I can't I can't even believe the that they're they're trying to position it this way because obviously when they took the step to freeze the reserve assets this in terms of our position as the world reserve currency and the trust of the US created all kinds of ripple effects and now if you're somebody who buys food or
01:02:03.260energy that's energy that that's priced in dollars you're trying to find a workaround which is why we've been seeing this de-dollarization why we've been seeing this trade going on from China and other countries in other currencies and in many cases settled with gold because of this now they're going to just say we're going to take them and give them to whoever it is that we want this is an epic disaster it is a complete
01:02:33.260in Congress needs to get the Fed and the government under control because we cannot do this unless Glenn and we've talked about this before this is an entirely intentional way to you know get the dollar to continue to topple and not beat the world's reserve currency.
01:02:50.660Let me ask you something on Jamie Dimon last week he was at the World Economic Forum and he came out shockingly you know very praiseworthy of Trump saying you know hey we should listen he's right about a lot of things people didn't understand what he was doing I saw this as a way of auditioning for Donald Trump to say make me your treasury secretary does that sound right to you or plausible.
01:03:16.160I'm so glad that you said that because I had some people who went to the JP Morgan health care conference which is their marquee conference in January and he gave a sort of internal speech there somebody asked him said Jamie would you ever want to be president and he said well I've seen these wonderful business people go in before and run campaigns and they haven't been successful but you know if somebody tapped me on the shoulder then I would have to rise to the occasion.
01:03:45.220So he is putting the word out in his circle that he is interested in something much higher so I'm with you Glenn there's something there.
01:03:55.860Thank you so much I appreciate it Carol Roth the name of her book is You Will Own Nothing.
01:04:01.980She's not claiming that you'll like it you'll just own nothing a must read for everybody in this audience her name is Carol Roth we'll talk to her again if you have questions for Carol please go to her website go to her Twitter
01:04:14.220her Twitter and ask her she can she can clarify a lot of things when we come back the Democratic Socialists are going broke Glenn Beck.
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01:05:29.700Hello America welcome to the Glenn Beck program I want to explain to all those who are wondering what could Ron DeSantis have done wrong I mean it was the infighting it was this it was that no he didn't have a chance he didn't have a chance and it doesn't say anything about Ron DeSantis.
01:05:59.680Here's the here's the here's here's here's what I think people are missing JFK was imaged as Camelot okay you were you were swept up in a moment where this guy was King Arthur and it was Camelot it was beautiful and it was perfect okay that's what was sweeping the nation with JFK.
01:06:24.680JFK. Just as much as that is true as the moment the moment the Democrats for whatever reason decided to persecute Donald Trump and his family by prosecuting him on absolutely everything.
01:06:39.680That's when Donald Trump that's when Donald Trump 47 as I like to call him became Braveheart.
01:06:48.680Just as much as JFK was Camelot and King Arthur Donald J is Braveheart and when they when they decided to go after him that's when he had been riding his horse back and forth in front of everybody before.
01:07:04.360But that's when a guy who didn't have to fight draws his sword and screams freedom.
01:07:11.360It was a battle of legends Titans now and DeSantis was just a very good politician very good conservative very good governor and could be a very good president.
01:07:27.700But he wasn't Braveheart and that's the difference and why why Ron DeSantis at the beginning was doing well the moment they said we're coming after Donald Trump legally and began all of that.
01:07:43.800He became a legend and a symbol and Ron DeSantis was not that symbol and did not have a chance after that after that moment at least in my opinion.
01:07:57.600Now there's a couple of things you need to know Bloomberg is reporting today outside ownership of U.S. crop land is drawing attention from Washington as concerns rises about the possible threats to food supply chains and other national security risks.
01:08:18.560America is seeing more and more of its most fertile land snapped up by China and other foreign buyers yet problems with how the U.S. tracks such data.
01:08:27.460That means it's difficult to know just how much foreign ownership and investment in property such as farmland, pastures and forests jumped to 40 million acres in 2021.
01:08:46.280Now that's according to U.S. Department of Agriculture data.
01:08:48.960However, they don't really know because the laws require foreigners to self report.
01:08:56.340And apparently there's some of that that's slipping through the cracks just a just a little bit, just a little bit, some for some reason, China is not reporting.
01:09:07.900So we have absolutely no idea of what is coming.
01:09:13.100Do we have the audio in the next story?
01:10:25.960She's a New England College criminal justice graduate who wants to specialize in crisis communication.
01:10:32.260A video has now captured Dula driving the wrong way on Park Avenue near East 71st Street in Manhattan around 4.30 Wednesday when an officer approached her to turn her around.
01:10:45.540She then floored her Lexus and hit the officer.
01:10:49.960She was later found to be high on marijuana.
01:11:10.840But the Manhattan assistant district attorney, Lucy Shepard, didn't charge Dula with attempted murder.
01:11:19.040Instead, she'll face charges for first degree attempted assault, attempted aggravated assault upon a police officer, second degree assault, second degree reckless endangerment,
01:11:30.500and operating a vehicle while impaired with drugs and reckless driving.
01:11:34.740However, she has a record of past arrest, including a criminal mischief arrest.
01:11:43.320In March 2022, after destroying property, the charges were dropped.
01:11:48.780She was arrested at least twice in New Hampshire, including an arrest in arrest in 2020 for failing to stop at an intersection in the town of Henniker and striking another vehicle.
01:12:14.040And we just keep turning criminals over again and again and again and again.
01:12:20.340There is one parent now that is suing a town because they allowed a legal to go free, and he went back and I believe raped their daughter, maybe killed their daughter.
01:12:39.460You know, we just keep letting these people out.
01:12:41.760So let me just give you a synopsis of basically what I just told you here.
01:12:46.700We have cropland being bought up by foreign entities, and it poses a possible threat to our food supply, so food shortages.
01:12:58.180We have the banking community covering up who's going to a discount window, which tells you who's in trouble and if the banking system is in trouble.
01:13:12.620You have crazy people and people who just believe that, you know, they have a right to act whatever the way they want to act because me, me, me, and I'm black or I'm Hispanic or I'm anything but white.
01:13:29.640You can act wherever you want, and we're looking at all of these things, and then Biden says over the weekend, as he was addressing mayors at the U.S. Conference of Mayors,
01:13:48.960he told the mayors that, you know, we've spent $15 billion on infrastructure and public safety, and money, much of that money went directly to cities to hire and help equip police officers.
01:14:22.980If you want to water the tree of patriots, it has to be watered with blood, but you're going to need an F-16, not an AR-15 to take on the government.
01:14:32.640First of all, I think, yeah, well, whatever, it seemed to work out well for those people who are now running Afghanistan.
01:14:42.400Seemed to work out well that they just had, you know, automatic weapons or semi-automatic weapons, even though you had F-16s.
01:14:49.780And surprisingly, now they seem to have much of our military over there, too.
01:14:54.480But we're not just concerned about taking on the government.
01:15:00.720We are also concerned about the crazies that you have released into our streets, the lawlessness to be able to protect ourselves.
01:15:10.840I'm sorry, but anybody who is questioning our judicial system and saying, we got to forget about bail, we got to release these people on the streets,
01:15:23.800anybody who is sending immigrants, calling them immigrants when they're illegal aliens and putting 10 million people who we don't know who they are,
01:15:34.940but one that comes in with sounds like maybe a Middle Eastern accent, says you're too stupid to know who I am, but soon you will know my name.
01:17:03.200And that's in question with a lot of people on both the left and the right.
01:17:09.640If you're not doing anything about the border, you're not doing anything with all of the crime that is now happening.
01:17:16.360You're not doing anything about the fentanyl that's being shoved over from China to Mexico to the gangs.
01:17:23.160You don't care about the people that are being raped on the border over and over and over again.
01:17:30.460If you don't care about terrorists coming across, if you don't care about the fact, the fact that as you print more money, you make the dollar weaker.
01:17:42.700Inflation goes up and it always ends the same in the collapse.
01:17:47.800If if you don't care about any of that, I do question your loyalty to the United States of America.
01:18:48.400We are in almost the end of January now.
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01:20:48.140The DSA, which has led all the protests against Israel over, you know, the October 7th terrorist attack, now has to cut $500,000 from staff-related expenses.
01:21:01.300And they're asking, they're not just doing that.
01:21:04.180They're asking first for volunteers from both the director level and the bargaining unit staff to have their positions cut and receive severance.
01:21:15.380Now, why would it be the director level and the bargaining unit staff, Stu?
01:21:19.980I mean, they just should ask for people to volunteer to, you know, no longer get paid and just eliminate the position.
01:22:01.200Um, if necessary, there will explore initiating layoffs according to the DSA's union contract.
01:22:09.060Who would have known that they were union?
01:22:11.300Now, a lot of people are saying that, you know, there were some Jewish supporters, uh, that were part of the DSA and they stopped giving their money when they realized, oh, wow.
01:22:24.500Uh, it's true that the Democratic Socialists of America hate the Jews.