Glenn Beck is back with a full-fledged "Duct Tape Alert" on inflation and what's going to happen in the next recession. Today's episode of the Glenn Beck Program is the perfect antidote to the Wall Street Journal article that says the Federal Reserve will raise interest rates to 3% in December. Glenn asks why we keep listening to the same people who got us into this situation.
00:02:41.360Every day, I warn you on this show about the dangers of inflation and how they're going to take what's already a lagging economy
00:02:51.300and turn it into something we haven't seen in this country in a very long time.
00:02:54.960And I pray to God that I'm wrong, and I'm pretty sure I'm not.
00:02:59.480Now is the time that you need to be saving money the most, whether it is putting money back in every month or saving it by not overpaying on things like high-interest credit card debt.
00:03:10.400The people who can help you get out the stuff like financial consultants that are not helping you
00:03:19.400and get into the world of really saving money and building a solid future.
00:03:27.120Get to the people over at American Financing.
00:03:30.460When you give them a 10-minute phone call, you'll see why.
00:03:33.040They're going to lay it all out, all of the options that are available to you and help you navigate to see what's best for your financial future.
00:03:42.780American Financing, America's home for home loans, helping people just like you, trying to get their finances together for over 20 years.
00:03:49.900It's American Financing at 800-906-2440 or go to AmericanFinancing.net.
00:04:02.480So, yesterday, if you remember, my head was going to explode because why are we allowing California to dictate everything to the rest of the nation?
00:04:46.960And with high inflation and tightening monetary policy in many advanced countries, emerging markets from really all of these factors are suffering many stresses.
00:07:50.280And, you know, now they're going to have to completely reimagine, completely reimagine how Europe is put together because it's broken and they're not going to be able to do anything about it.
00:08:03.180They just have to reimagine how everything works.
00:08:09.300And they're looking now at an era of volatility, which is great.
00:08:13.480But, you know, the thing I really liked is he said, you know, United States and Europe had a fantastic relationship and we were cooperating a lot.
00:08:28.940But I urge you to think what would have happened if instead of Joe Biden sort of happened with Donald Trump or someone like him in the White House.
00:08:37.200It wouldn't happen with him in the White House.
00:08:43.440He was warning you of these things and you laughed at him.
00:08:48.820But don't worry about it because we are fine.
00:08:52.380According to Janet, we're doing really.
00:09:29.340But then our our president, he got a little spicy with the with the sultan or the prince over there and and said, you know, this guy's a thug and a criminal and he has no place at the table and I'm going to take care of him when I get in.
00:09:47.160So now the the president went over and he said, hey, can you guys maybe up the you know, and they agreed as he left, they agreed to 200,000 barrels, which is nothing.
00:10:16.640And that kind of pissed the the prince off.
00:10:19.200And so he's like, yeah, you know what?
00:10:21.920I'm going to reduce it even more than that.
00:10:23.780OK, so they went the people who were there at the meeting said that he was asking for oil and he was asking, you know, just can you just boost it up a bit?
00:10:34.580What's better is he was saying, and if you have to cut it, can you wait until after the election?
00:10:41.060That way he could, you know, convince everybody that we're on the move.
00:10:45.740Everything's good and your gas prices are down.
00:10:48.920And then OPEC could lower the production of oil.
00:10:52.940And then after you've made a decision on which side you trust to tell you the truth and to help you along, then after the election, then he could say, oh, my gosh, look at what these evil,
00:12:05.760Oh, by the way, the other reason Saudi Arabia is so pissed at us because of Joe Biden is because he's making a deal with their mortal enemy, Iran.
00:12:35.560So the U.S. Department of Commerce introduced sweeping rules aimed at cutting China off from obtaining or manufacturing key chips and components for supercomputers.
00:12:46.940This is, quoting, seen as a huge escalation, huge escalation in the tensions between Beijing and Washington.
00:12:55.780America argues that such advanced semiconductors can be used by China for advanced military capabilities.
00:15:17.920And we had 100,000 personnel over there, 16,000 of which were flown in from the United States.
00:15:26.380And the exercise was to simulate, what are you going to do if somebody launches a nuke?
00:15:33.340Now, the Soviet Union knew this was just an exercise that we did every year.
00:15:38.400But Reagan had been a little spicy, calling them a terrorist organization, saying that they were an evil empire.
00:15:49.080And so they no longer trusted the United States at all, because they knew Ronald Reagan wanted them to collapse.
00:15:58.340So what they did is they they had these new things called computers and these computer programs who started to track, you know, they were there in Russia and they were very sophisticated.
00:16:16.280Russia had only the best computers and the best software programmers.
00:16:19.940And and so as they were doing this, what happened was it looked like we had launched a bunch of missiles on their computers and they were convinced we launched a bunch of missiles.
00:17:00.380If it wasn't for the little red phone, hey, call me.
00:17:06.520We probably all would have been vaporized.
00:17:09.260But that has that maneuver, you know, the where they're where they're just trying to just have a military X, you know, exercise, you know, that that is just to see what we would do if the Soviet Union would launch a nuclear deterrent.
00:17:29.260You know, what would our deterrent be?
00:25:30.820Last week, I announced the largest ever release from the United States Petroleum Reserve to increase the supply of oil and help bring down prices.
00:25:40.700And I brought together other nations, India, Japan, the United Kingdom, Japan, the United Kingdom, all agreed to join me in releasing additional oil from their reserves.
00:25:53.740This worldwide effort we're leading won't solve the problem of high gas prices overnight.
00:25:59.420But over the last month, and likely due in part to the anticipation of this action, we've seen the price of oil and gas prices on the wholesale market come down significantly.
00:26:08.560In fact, since the end of October, the average weekly price of gasoline on the wholesale market has fallen around 10%.
00:26:17.360So now, either one of those, and I would imagine, well, I mean, it could have been the one with the holly on the mantle or the other one.
00:26:45.280Like if you said last week, I mean, unless coincidentally, at these, both of these weeks, the previous week, the exact same percentage change had occurred.
00:28:27.660Listen, if you can't concede the election, the jewel in our crown of America is that every other country's had problems with the peaceful transfer.
00:28:36.860That's like the one that really trips everybody up, and it didn't trip us up until him, and now it's going to trip us up.
00:28:44.260Wait, but that's not—so I disagree with that, because for four years when he was president, Hillary Clinton, he's an illegitimate president.
00:29:54.000And he was a liberal Hollywood guy, and he started doing his homework, and he's like, wow, I'm not being told the truth about Trump supporters.
00:30:03.420And we became friends, and I invited him here.
00:30:06.460And one day we realized this guy honestly didn't know what had happened the previous eight years.
00:30:15.560And I said, Riyaz, can we sit down here for a second?
00:31:26.400So much of it, too, is the surrounding coverage, right?
00:31:28.980Where, you know, Hillary Clinton can say he's an illegitimate president.
00:31:34.320Everyone can say that Donald Trump was a Russian operative.
00:31:37.840And the reaction to that by the media and the people who get paid to put context around this is, yes, we're doing the investigations, and soon the walls are closing in.
00:31:47.480Soon we're going to have this guy on this.
00:31:50.260And the opposite, obviously, goes on here.
00:31:53.740The second—even an accusation of, you know, something from the election, it was immediately dismissed as a conspiracy theory.
00:32:01.520Now, again, you could say all you want about the facts on those cases, but the surrounding context immediately points a viewer who trusts the media—
00:33:44.940And then you get that off-ramp immediately when there's a story that's unpleasant for your side.
00:33:50.580And you get to live in this sort of bubble where you're protected from all the bad news of the things that happen to your chosen candidates.
00:35:02.240He announced that he's pardoning everybody convicted of marijuana possession.
00:35:07.460This is on the top of the things that the White House is prioritizing.
00:35:12.540Student loan, marijuana, sex chain surgeries for children, abortion.
00:35:17.760But that's that's it's game changing for America.
00:35:20.520But that's not what most people are talking about.
00:35:22.880Has there ever been a White House and a majority in Congress that is more out of touch with the real concerns of the average American tonight?
00:35:32.120A serious discussion of what this election is really about, what mainstream media is missing and what the polls are telling us.
00:35:42.140We have the guy who does Trafalgar, what the polls are telling us that maybe you're not hearing.
00:36:14.320So, you know, you didn't have a lot of choice, even if you knew that they were donating, donating to Planned Parenthood and leftist causes.
00:36:26.540Since Patriot Mobile came along, Patriot Mobile shares your values and won't send your hard earned money to aid in the destruction of America.
00:36:35.040They work for things that you believe in, not against them.
00:36:40.200And they also do the basic job really well.
00:36:43.860You get the same coverage because they're on the same cell cell towers.
00:37:41.540Can I ask you what reasonable human being that actually cares about other human beings is looking at the situation in Europe and thinking, yeah, we got to cut.
00:37:53.680We got to shut down those nuclear power plants.
00:38:35.860You can read about this and so much more in today's in newsletter today.
00:38:41.940There's a couple of things that I'm just not going to get get to.
00:38:44.900Biden calls Supreme Court more of an advocacy group than an even handed court.
00:38:49.560Despite the legal challenges, the White House has unveiled a simple student loan forgiveness application where you don't even need any proof or identification.
00:41:03.100But they're also saying, hey, don't forget, we're kind of on your side because when this all blows over, we're we'd like to come back and sell more cars.
00:41:40.900They are a small company in Utah that they they they source everything from inside the United States.
00:41:47.300And if you care about this country, if you care about the future of this country, you're going to love Grip6 because they care about the future of this country.
00:43:38.640This is one of the most amazing times in American history.
00:43:43.200I don't know if there's ever been a time quite like this where half the country is either part of this I hate America, which I don't think is true, or they've been duped or almost hypnotized into this totalitarian bent that we're seeing now from the left.
00:44:04.840Democrats are only talking about things that I don't think anyone else is talking about.
00:44:12.080The average American, both Democrat and Republican, I believe, not the ones in Washington, not the ones who are, you know, really diehard, you know, Republican.
00:44:22.380And I die for the party or Democrat, I die for the party or Democrat, I die for the party.
00:47:04.460Then we had impeachment vote after that.
00:47:07.020We were in a time of COVID where we were separated, you know, physical distance and then we all had to wear masks.
00:47:14.340It has been a divisive time in Congress as well as the rest of the country, but it's been a while, 20 months.
00:47:19.840You know, I was watching Parliament the other day because I'm a complete geek and I'm watching Parliament and they're like, order, order, and they're just yelling at each other.
00:47:53.480And, you know, I don't know how much of this is COVID related because I've got members on the other side of the aisle who have not been there since COVID started.
00:48:41.420I mean, that's my job is to go out and find out what people here want me to be saying in D.C.,
00:48:46.760how they want to be represented, what their priorities and concerns and their issues and what scares them and what they want me to do about it.
00:49:14.040What I'm hearing is, you know, economy, number one.
00:49:16.980People are really upset that their paychecks are so much smaller now.
00:49:22.060They might be getting more per hour more.
00:49:25.200But when we look at and take into account inflation, you know, if you do the math, 8.3 percent, which, let's face it, it's higher than that.
00:49:50.660When you start looking at gas prices, which were, let's face it, I know that the Biden administration keeps wanting to blame, you know, the Russian war in Ukraine.
00:52:03.480But then they say that, and then you look at the board at the end of a vote, and you're like, every Democrat voted yes.
00:52:11.180To spending more money, to being more fiscally irresponsible, to sending billions of dollars outside of our country, to hiring, you know, 87,000 IRS agents, but ignoring that we even have a border problem.
00:52:25.760So there's one thing that they'll say, but there's something else that they vote.
00:52:30.660Because, you know, some of these folks, I'm going to give them credit, some of these folks really are smart when you talk to them, and you just shake your head at their votes.
00:52:38.220Because it doesn't reflect in their votes that they've got, you know, a brain cell.
00:52:41.200What do people in the district, when you're talking to the average person, what do they think about war and Putin and all of that?
00:52:53.220You know, this is something that Republicans had been warning for over a year, ever since our botched withdrawal from Afghanistan.
00:53:02.640When we started talking about the lack of leadership there, how when you're allowing terrorists to basically control your foreign policy, what message that was sending out.
00:53:12.900We said exactly what was going to happen.
00:54:36.240You know, and I would argue that what's happening at the border, they're turning a blind eye because they don't want to actually have to face that exactly what they wanted to happen is happening.
00:54:44.460They don't want to have to admit that if they go down there and they talk to people who work there.
00:54:47.680But we have had millions of people enter this country illegally.
00:54:50.120We have had, you know, a Democrat party who's wanting to have their own rule for votes on opening that voting rules up for the entire country with H.R.1, where they wanted to have people who entered our country illegally be able to vote.
00:55:07.140They want to be able to have people who are 16 vote.
00:55:12.500So you think about that plan and you can start easily thinking, well, maybe their goal is to have millions of people come into this country illegally because they're hoping that they're going to vote for them and change the way that our country looks.
00:55:50.600And where there's a void of leadership, China is more than happy to be filling that void.
00:55:54.880And they are doing that every single day.
00:55:58.680When you think about the rare earth minerals that they have rights to around the world, 75 percent of our earth's rare minerals and our policies.
00:56:07.700I believe we have a lot of them up in Alaska, but you'll never get anybody to open those up.
00:57:03.760I'm not because I don't have faith in the leadership.
00:57:05.620But I'm shocked that they haven't really come up with a, here's day one, day two, day three, here's what we're going to do.
00:57:14.020I want to know from you, can a House and a Senate without the White House actually change the direction or at least put fingers in the dike?
00:59:44.760So, Kevin McCarthy, we were all in, well, there's about 30 of us that were in Pittsburgh a couple of weeks ago when we came out with a commitment.
00:59:51.380When I was in South Korea, I had lunch with Newt Gingrich, and he talked about the contract to America and how you need to tell the people what you stand for.
00:59:59.740It's one thing in the last 20 months, it seems we've been fighting against what we've seen.
01:00:03.980But it's not good enough to just say you're going to fight.
01:00:06.240You also have to say this is what we're going to do.
01:00:07.900And so the commitment to America was basically these are our priorities.
01:00:11.780So our priorities are America's priorities.
01:00:13.920We're looking at safety, what we've seen with crime.
01:00:16.400We've looked at what's going on at the border.
01:00:18.220We looked at accountability in government, the fact that we still have proxy voting.
01:01:19.880They're freaking out and warning really bad things.
01:01:22.640They're trying to get the Fed to stop tightening.
01:01:25.960They're trying to get the Fed to start printing more money.
01:01:30.160And I have a feeling that's what we're going to get, because you're either going to stop the heart of the economy trying to pull all of this back in,
01:01:39.580or you're going to keep printing and then we just die through hyperinflation eventually.
01:01:46.820Do you believe we can pull this back together?
01:01:50.180I mean, that's a trick that's never been done before.
01:01:52.700I think in 2008, it was easy to identify what had led up to that.
01:01:56.120I think looking at the last couple of years under COVID, all of the restrictions, how we pulled back,
01:02:02.400we did exactly a number of cases, exactly what we should not have done, the opposite of what we should have done.
01:02:07.940We're now filling those ramifications.
01:02:09.500And by the way, those ramifications, especially in school kids, we're going to be filling for years.
01:02:50.760There's no doubt in my mind that the man needs to be impeached.
01:02:54.320So looking at the cabinet members and making sure that if we have the Senate that's going to be responsible for who those folks are, that we have people who will actually be up for the job.
01:03:05.260It's one thing to have the president be, what, MIA?
01:03:09.320Let's just be nice and say he's MIA and a vice president who's MIA, but making sure that you've got cabinet members, but also making sure that you're going after those irregularities, those things that have happened in the past, illegal, that need to be addressed.
01:03:23.760You need to make sure that people understand that people are going to be held accountable.
01:03:40.760We're also trying to help a bunch of other people across the country to make sure that we take back our country and we make sure that we take back the majority.
01:03:46.720So we've got a lot of great candidates that are out there.
01:03:49.020Myra Flores, Esther Joy King, Jen Kiggins.
01:03:52.640These are Jennifer Ruth Green is phenomenal.
01:03:55.400Help these people come over the finish line.
01:04:17.960Let me tell you a little bit about blinds.com.
01:04:20.340They're having a friends and family sale right now going on for just a few more days.
01:04:24.420You absolutely do not want to miss out on these deals, especially if you're looking to spruce up your home for the season right now through October 12th.
01:06:11.700It's like they're governing some virtual reality game version of America.
01:06:17.180Out of touch with the real concerns of both Democrats and Republicans.
01:06:21.160Tonight, a serious discussion of what this election is really about, what the mainstream media is missing, and what you need to know heading into November.
01:08:31.820And, you know, you can see that in statistics.
01:08:33.880Now, the way I refer to inflation is a dollar that you held at the start of the Biden administration is now worth only 88.3 cents.
01:08:43.680If you're a senior on a fixed income, let's see, you were fortunate enough to have a nest egg for ease of calculation, let's say $100,000.
01:08:50.760That $100,000 is now only worth $88,300.
01:08:54.960That's what the Biden inflation, what Democrat governance has done to you.
01:08:59.840And so, you know, I always go through what I call the list of horribles, record inflation, 40-year high inflation, record gas prices, skyrocketing crime, baby formula shortage,
01:09:13.140the open border flood of illegal immigrants, deadly drugs into our cities.
01:09:17.720But what is interesting, in Wisconsin, the people, certainly, that support me, they're obviously being crushed by all those things.
01:09:25.980But there's a far more fundamental concern on their minds is that we're just losing this country.
01:09:32.880I mean, literally, they take a look around and they just look at how insane, you know, what we are trying to do in terms of indoctrinating our children, the wokeness.
01:09:41.740You know, biological males competing with our daughters, expecting to shower in their showers.
01:09:47.180School administrators injecting our children with gender-blocking drugs and don't tell their parents.
01:09:52.780Now, in Wisconsin, conservatives are concerned the fact that we are just losing our country.
01:10:00.680Senator, we're talking to Senator Ron Johnson in Wisconsin.
01:10:44.740I certainly have Democrats showing up to our parent meetings because their eyes have been opened up about what has been indoctrinated into their children during COVID.
01:10:55.100You know, the sad fact, though, is it's hard to get Democrats to put a yard sign out.
01:11:00.980And it's hard to get a Democrat who truly supports me to maybe go on camera and say, I'm a Democrat.
01:11:07.240I'm going to support Ron Johnson because he has the courage to tell us the truth because they don't want to be vilified.
01:11:24.620But if you're conservative, you've got to better keep your mouth shut if you want to continue to work, if you don't want to be canceled at work, if you don't want to be vilified in society.
01:11:36.480It's a very sad state of affairs in this country.
01:11:39.400Well, I will tell you, you're right on this.
01:15:56.340And, of course, what sparks a debt crisis is when creditors take a look at the U.S. and say, you know, you're kind of a credit risk.
01:16:02.620I'll keep loaning you some money, but not at that rate.
01:16:05.120You go back to that 30-year average, again, that's $1.2 trillion thrown on top of that, which would have to be paid.
01:16:12.900Or you default to your debt and then interest rates skyrocket.
01:16:15.800So, again, the national balance sheet is no different than a family, other than it's, you know, orders and orders of magnitude larger.
01:16:23.140But you simply can't incur so much debt, have the debt be so much in excess of national income without a day of reckoning.
01:16:33.880It's completely unsustainable, but so many people in Washington, D.C., and the general public, because the media generally supports all these, you know, leftist policies, they're just whistling by the graveyard.
01:16:55.220And I'm just pointing out the greatest threat to any government program is this massive debt suspending and our growing out-of-control debt.
01:17:03.460Senator Ron Johnson from Wisconsin, he is running now and could probably use your support.
01:17:12.140Where do they go if they want to support you and work on your campaign or donate?
01:17:26.020We've been doing quite well because of supporters of your program and others.
01:17:30.740But we need to put the pedal to the metal, and I need a lot of support.
01:17:34.760So RonJohnson for Senate.com if we're going to save the Senate seat, and we need to do so if we're going to save this country.
01:17:40.860And are you confident, Ron, that, you know, we take the Senate and it's not a do-nothing Senate, but the Republicans actually get their ass in gear and do some things?
01:17:55.220Well, I certainly am going to use every ounce of influence I have to make sure that, at a minimum, we become William F. Buckley conservatives, stand through our history and yell, stop.
01:18:08.320You know, we need to bring some function back to the Senate, you know, pass a budget, you know, put attached to a probably, probably have to increase the debt ceiling, but attached to the fiscal controls.
01:18:19.180The debt ceiling was designed to prompt, and then go through an appropriation process, you know, starting in April, bring up the Trump appropriation bill, make the Democrats vote not to fund our troops.
01:18:31.700Rather than what we do right now, just wait till the end of the fiscal year and do these massive appropriation.
01:19:17.840I want to talk to you a little bit about doing something amazing, and that is saving a life, literally saving a life today.
01:19:28.260A little while back, an expectant mother came into pre-born clinic, undecided at this point whether she was going to keep the pregnancy or not.
01:19:36.580Well, when God brings the rain, he often likes to bring the downpour.
01:19:40.520That woman heard not one, not two, but all three of her little baby's heartbeats, and that was that.
01:19:48.340Now there are three beautiful little humans in the world who might otherwise not have made it.
01:19:53.880I urge you, consider being part of the pre-born family.
01:35:09.340It means they either continue to devalue their currency, they're going to have to spend more and more of their currency to buy dollars, or they sell dollar-denominated assets, like treasuries, in order to get the dollars to pay.
01:35:32.160The Fed's decision isn't just inflation versus a deeper recession here in the U.S.
01:35:39.060It's literally potentially creating a global currency crisis.
01:35:42.820It's potentially creating illiquidity in the treasury market in a crisis there.
01:35:47.940It's potentially, you know, all risk assets could end up just, you know, being sold in a massive fire sale.
01:35:54.760I mean, they have to think through all of those implications.
01:35:57.500And that's why if I were Fed chair right now, where we started this, I would have to pause, because I don't think that the Fed has the tools to combat inflation since their supply generated anyway.
01:37:42.380I mean, we can talk about this more, but if you just think about what we just said, the Fed eventually having to go back to continue printing.
01:37:49.560These central banks having to go back to printing, like we're seeing at the Bank of England, you know, this is a long-term trend.
01:37:57.180You saw something out of Saudi Arabia that they're opening a gold refinery.
01:38:04.840So just in terms of the tenor of the global economy, U.S. dollars, reserve currency, and all of these machinations going on, the one thing that everyone can kind of agree on is gold.
01:38:16.880You know, it's amazing, too, because if you think that the government can say, we're just making a different dollar.
01:52:52.000Do they actually listen to the comment thing?
01:52:54.820So I have been told that, you know, so few people, you know, maybe not the comments, but when you call your rep, so few people actually pick up the phone and call that if they get like 20 calls, they're freaking out.
01:54:11.440I mean, whatever they're saying it's not going to be, you could pretty much count on that's what it's going to be.
01:54:16.780And that's the concern over the Federal Reserve potentially rolling out a currency.
01:54:22.400They control a central bank digital currency, not control like where they control the money supply, but where they can actually control the one that you own.
01:54:30.420And they can program it and they can take away your ability to use it and all those kinds of things.
01:54:35.020So my guess is that is sort of what they're piloting.
01:54:40.760They're already trying to develop that.
01:54:43.040And so, you know, much like we've seen some private companies try to do lately, but say, well, you know, we're not happy with, you know, you ate too much meat this month.
01:54:53.180And so we're not going to let you buy this burger.
01:54:55.660We're just going to shut that access down.
01:54:57.900But, hey, if you buy the healthy salad, you know, you can access it.
01:55:01.500If not, you're going to have to wait to access your money.
01:55:04.280I mean, again, the opportunity here for just massive control and lack of economic freedom, it is the most un-American thing I can think of.
01:55:17.140There was one other thing that I wanted to talk to you about.
01:55:54.420And then they came back and said, how did that policy get in here?
01:55:57.340All right, we must have mice in the equipment here.
01:56:00.900And it was specific to misinformation because there are actually a couple of other things that they already still fine you for that they didn't take away.
01:56:07.560This was a new thing that they added around misinformation.
01:56:09.980And the question is, why is a payment provider hiring a team to monitor information?
01:56:17.340Like, on what planet does that make sense other than the planet that we've been talking about where, you know, all these different forces come together and basically, you know, conspire, using my word, to take away your economic freedom?
01:56:42.540And he, his focus, and this is all in his, you know, on his stuff, democratizing and transforming financial services and e-commerce to improve the financial health of billions of people, family and businesses all around the world.
01:56:58.200He has vast experience with payments and mobile technology.
01:57:03.460He's now leading PayPal to, quote, reimagine how people move and manage money and how merchants and consumers interact and transact.
01:58:46.680Dan was recognized with the Brennan Legacy Award in honor of the late Supreme Court Justice, you know, who had a lot in common, I guess, with common human dignity with her.
01:59:01.100Also, he's a doctor of humane letters, blah, blah, blah, blah, blah, blah.
01:59:04.560Now, ranked third on Fortune's list of the world's greatest leaders.
01:59:09.340This guy cannot get more awards, right?
01:59:22.960Top 10 most innovative CEOs in banking.
01:59:26.420He's also a life member of the Council of Foreign Relations.
01:59:30.020He is also with the World Economic Forum as a member of their International Business Council and the Board of Governors and the Board of Stewards for the Future of Financial and Monetary Systems Platform.
02:02:52.960All of the elites are going to be in this pod over here.
02:02:56.940But that's because they're going to be watching a really boring TV show, but there's only a couple of reasons why you try to hit an asteroid out of orbit.
02:03:09.780Number one, okay, you just want to test it out just in case something ever happens.
02:03:14.600Number two, there's something coming that they know about and they need to test it out because they're going to have to use this soon.
02:03:20.840Number three, this asteroid we hit was already coming toward us.