The Glenn Beck Program - The Real Villains in the Silicon Valley Bank Failure ｜ Guests： Gov. Kristi Noem & Vivek Ramaswamy

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00:01:02.340 we gotta stand together

00:01:21.520 what you're about to hear is the fusion of entertainment and enlightenment

00:01:42.060 this is the glenn back program

00:01:47.020 hello america so a banking collapse what what a bailout huh it had something to do with

00:02:02.640 the federal reserve shut up i'll tell you exactly what happened in 60 seconds iris lives in virginia

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00:03:05.560 glenn 33 all right so i think i'd like to start with uh cnbc they put together a little uh a little

00:03:15.260 video here on the timeline and how things began with silicon valley bank before we can even talk

00:03:22.920 solutions uh and what to do we have to understand what caused this and what happened here it is cut

00:03:31.000 one when money came gushing in uh during uh the covet crisis uh with all of the stimulus money uh

00:03:39.400 silicon valley bank put a lot of that to work uh in what were at the time high yielding assets

00:03:48.600 that averaged only 1.6 or 1.7 percent uh today in order to attract and maintain deposits you have to

00:03:58.460 pay up and uh and banks are not paying up and they are all seeing their bank deposits go down the most

00:04:08.300 likely direct impact is just on the tech community itself which has been battered by valuation but a lot

00:04:13.940 of these companies have relied on this particular bank for liquidity they'll have to go elsewhere

00:04:19.200 and expect some dislocation from that silicon valley bank is unique because they were always

00:04:26.400 willing to lend against securities that haven't come public yet so you can even call them you know pre-ipo

00:04:33.680 no one had that exposure so uh they are unique uh just like silvergate was unique with crypto

00:04:40.240 but i do think that they're big enough to be more like what art cashen said it does feel like

00:04:44.760 penn square maybe not hoping to be contained before it gets caught in all in all i wanted to share that

00:04:50.720 you know what i'm hearing is that in fact they are moving very quickly in terms of deposits moving out

00:04:55.820 making it very or more difficult for any buyers to really assess and consider uh a purchase of the bank

00:05:02.860 um perhaps a bit too early to say but nonetheless it would already appear that those attempts to

00:05:09.020 potentially sell this company and again there were a lot of interested buyers based on the franchise

00:05:15.540 but the attempts to potentially sell it certainly seem to be running into the to the reality of the

00:05:21.180 moment which is it's hard to buy something when all the deposits are fleeing uh and so you know i

00:05:27.620 think i again we we have to i think the market has to prepare and uh prepare for the possibility

00:05:34.480 that uh that there will not be a sale and then you can leave it to your own imagination as to what

00:05:38.960 that means um we have to assume the government regulators are already already in there as well

00:05:45.260 silicon valley bank santa clara was closed today by the california department of financial protection

00:05:51.060 and innovation which appointed the fdic the federal deposit insurance corporation as the receiver

00:05:56.680 to protect depositors the fdic has created a deposit insurance national bank of santa clara

00:06:02.100 at the time of closing the fdic as receiver immediately transferred to this new receiver bank

00:06:09.520 all of the insured deposits that were held at silicon valley bank okay so what so what really

00:06:17.460 happened here that's the way cnbc will explain it to the people who know what the hell they're

00:06:23.460 talking about and all the acronyms and everything else here's what happened a couple of things

00:06:29.900 first of all we're raising rates we had the covid money coming in right and you just heard there

00:06:37.720 call this covid money well they wanted to invest it they needed to put it someplace and invest it because

00:06:44.140 they had silicon valley bank had so much money coming in from from covid and so what did they do they

00:06:51.360 bought treasuries and at the time you could buy a 10-year treasury and you would get two percent

00:06:59.320 interest guaranteed at the end of 10 years that was pretty good back then but now treasuries are

00:07:07.720 selling for about five percent interest and you don't get that until the end of the 10 years so when

00:07:14.860 you buy something a 10-year treasury you're buying it for 10 years if you have only eight years on it

00:07:23.580 you can sell it but you're going to probably have to sell it at a discount if the new ones are paying

00:07:31.800 more so they invested the the money in treasuries at two percent just let's remember that what they had

00:07:42.200 um in the bank if you will they owed 195 billion dollars that's to the people who have put their money

00:07:54.860 into checking accounts and savings accounts mutual funds they owed 195 billion dollars they had 208

00:08:08.760 billion on the books that's a 17 billion dollar when you have people all over the world starting to say

00:08:17.200 i think the bank is going to collapse they start to take their money 17 billion dollars can go

00:08:22.600 that fast there was a clog in the system they couldn't get the money wired out fast enough

00:08:31.140 so they decided they needed to sell and then they announced we're going to sell some treasuries

00:08:40.160 well once they saw that they were selling 10-year bonds at two percent interest and the market was

00:08:50.320 saying well that's only worth 75 cents on the dollar now and silicon valley bank was taking it

00:08:57.740 they knew this a fire sale this bank is in trouble that's what started all of the run on the bank

00:09:07.740 now you probably have fdi insurance fdic insurance if you have fdic insurance it's to stop

00:09:19.020 runs on the bank however silicon valley bank is different it's very different i think it's

00:09:27.580 88 percent of their accounts are not covered by fdic why because they're giant companies that are

00:09:38.220 using payroll and uh keeping their money in the bank uh as as the place where they can run their company

00:09:48.040 so they they have more than 250 000 in account if they also use the bank for a mutual fund

00:09:57.280 they found out friday they were also screwed see this bank loans money to these companies these tech companies

00:10:06.860 and they loan them out venture capital and so they loan them the money to operate and to be able to do

00:10:14.820 everything they can over the next year well they've got to put that money somewhere so the bank loans it out

00:10:21.540 it's basically the depositors money they loan the that savings account of yours per se uh and loan it

00:10:31.260 to this venture capital firm the or the uh or the uh tech startup and the tech startup then says where do

00:10:38.320 i put all this money and silicon valley bank says oh just in my other hand just give me that money back

00:10:44.700 and we'll invest it in mutual funds for you we'll invest it in very safe things like blackrock

00:10:51.180 so they did and the tech companies thought they were safe because it's invested in very secure places

00:10:59.800 like blackrock except what the bank didn't say except in fine print is that all the money that you had

00:11:09.080 invested in blackrock was not yours anymore it was it was uh under the name silicon valley bank

00:11:18.960 so when people started to call and say hey blackrock my money's safe they said you don't have any money

00:11:25.940 your money's invested in silicon valley bank and because their name is on it

00:11:31.360 they're counting that as an asset and now that asset has to go to pay creditors

00:11:37.700 so they lost their money

00:11:40.800 this is a giant shell game we have created nothing but a shell game

00:11:50.660 and the fed is the one that's causing this collapse by the raising of the rates

00:11:58.120 but if you don't raise the rates what happens inflation goes out of control

00:12:06.380 why because we have printed and loaned too much money out okay we'll pull it back in

00:12:15.940 well the way you pull it back in is raising interest rates if you raise the interest rates

00:12:22.500 bonds have to pay a higher yield and so when you buy a bond you get more money back

00:12:31.860 and if somebody gets into trouble they have to sell their bonds exactly like silicon valley

00:12:37.380 and they have to take a haircut and then the entire thing collapses

00:12:41.140 but here's the scariest thing this is what the fed has set out to do

00:12:48.300 they want to see risky things go away they want to see failure they need people who are not stable

00:13:00.660 to go out of business stop spending money so we can suck all that money back in

00:13:08.280 but when they do collapse it and our economy is in this kind of shape

00:13:13.800 you then have a domino effect because nobody's in great shape

00:13:19.260 and the banks are playing a giant game

00:13:22.900 so then people can't pay the paycheck

00:13:30.920 and then that paycheck causes you to default on your auto loan

00:13:36.780 or your house loan and that makes another bank fail

00:13:41.400 we're at the place i told you in 2008 we would be

00:13:49.860 we've made the 2008 problem much bigger

00:13:54.520 and there's no way out once you start printing money there's no way out

00:14:00.640 and what did we do well the fed said we're not doing tarp

00:14:04.780 no no we've got something entirely different

00:14:07.500 it's got a different name and everything

00:14:10.220 but we're going to cover all of those accounts

00:14:14.280 oh oh okay so we're backing

00:14:17.920 we're backing that now

00:14:20.060 yeah but it's not your money

00:14:22.260 it's not your money it's the fed's money

00:14:24.120 it's the fed's money

00:14:26.260 yeah it's the money that the banks gave to us

00:14:29.700 to put aside for insurance in case something like this happened

00:14:34.120 oh

00:14:35.100 where where did the banks get that money

00:14:39.320 well i don't know you know dumb businesses

00:14:41.540 well i mean are these the banks you bailed out

00:14:45.360 well yeah and weren't you just giving them trillions of dollars

00:14:50.380 well yeah of course we did but but they were paying into

00:14:54.500 this account oh okay so the money you printed

00:14:58.260 that i'm on the hook for

00:15:00.600 you gave to the bank

00:15:03.020 but they didn't use any of that money for that insurance

00:15:06.840 no

00:15:07.600 no

00:15:09.140 this is totally different

00:15:11.040 okay

00:15:12.980 so now they're going to be protected

00:15:20.180 and i don't have an answer for you today

00:15:23.340 because all of the answers are bad answers

00:15:25.940 should we

00:15:27.740 should we

00:15:28.900 back that

00:15:29.800 no

00:15:31.280 no the

00:15:32.860 the constitutionalist capitalist in me says that's

00:15:35.980 that's really bad

00:15:37.040 okay so we don't back it

00:15:39.540 well no

00:15:40.320 no

00:15:41.580 because the guy who would like to see the entire western world not

00:15:45.660 burn down to the ground

00:15:47.260 who would like you to bail it out just to give us some more time

00:15:51.480 but that puts us right back where we were

00:15:55.640 so i don't have i prayed hard today

00:16:01.140 uh

00:16:02.600 what do i tell people

00:16:05.960 work on your spiritual health

00:16:10.360 because this is coming

00:16:13.240 at some point

00:16:14.620 it's coming

00:16:15.580 it has to

00:16:16.740 it has to

00:16:18.720 now

00:16:20.340 the washington post said today

00:16:22.380 that um

00:16:24.240 the bank's death

00:16:26.280 marks both a sobering

00:16:28.080 uh

00:16:29.080 a sobering and uh

00:16:31.140 salutary moment here

00:16:32.600 the central bank has

00:16:33.740 sharply increased interest rates over the past year

00:16:36.180 hoping higher borrowing cost

00:16:38.240 would slow the economy down

00:16:39.520 and take the steam out of high inflation

00:16:41.500 this is what the fed wants to see

00:16:43.940 they want to see a tightening of the financial conditions

00:16:47.260 great they're on it

00:16:48.620 the washington post

00:16:49.580 with 209 billion dollars in assets

00:16:52.140 the bank was just one eighteenth the size of jp morgan chase

00:16:55.880 the nation's largest

00:16:56.960 still wall street was rattled by their abrupt end

00:17:01.080 bank of america was down nearly 12 percent in the past five trading sessions

00:17:06.860 they're down another five or about four and a half percent today

00:17:11.960 some banks

00:17:12.840 are down as much as 10 percent today before trading even started

00:17:17.600 the banks that serve the riskiest part of the country

00:17:23.700 and the uh economy are the ones in trouble

00:17:27.280 now this is the washington post i want you to listen to this

00:17:29.820 banks like svb and silvergate capital

00:17:33.800 san diego based bank that catered to cryptocurrency users

00:17:37.360 are the ones getting into trouble

00:17:39.920 oh

00:17:41.840 it's not a run

00:17:43.680 it's not a run on the business model of the bank

00:17:46.180 it's uh

00:17:47.600 it's not i'm sorry

00:17:50.220 it's not a run on the business model of the banking industry in general

00:17:54.200 it's just the business model of this bank

00:17:56.320 so in other words if you are making risky loans uh to uh to tech

00:18:03.220 or if you're investing and doing anything at all with cryptocurrency

00:18:07.360 you're the problem

00:18:09.520 that's interesting

00:18:12.800 i'm going to tie some of this together here

00:18:16.520 we've got a lot to go over

00:18:18.140 in just a second

00:18:19.520 sadly it probably comes as no surprise that anyone

00:18:23.800 after the overturning of roe versus wade

00:18:26.080 abortion is still the number one killer among infants

00:18:29.960 we're still killing nearly a million of our own children

00:18:33.480 every single year

00:18:35.940 and that is still here in the united states

00:18:38.500 i asked you by the way if you had had an abortion

00:18:44.600 you knew somebody that did and they regret it

00:18:47.240 or if you were a child that somebody tried

00:18:50.720 mom tried to end your life

00:18:52.980 and you lived or she changed her mind

00:18:54.980 will you write me a letter and tell me your story

00:18:58.220 i've got something coming that i'm

00:19:00.580 working on and i will keep your name

00:19:03.220 out of it you can use an assumed name

00:19:05.340 we just need your phone number

00:19:06.700 so we can call and verify that you're an actual person

00:19:09.200 but uh all of the details are at glenbeck.com

00:19:12.860 but we are fighting the good fight

00:19:15.460 i don't think there's anything

00:19:17.040 that we could do that would be more important

00:19:19.420 than standing up

00:19:21.280 and stopping the slaughter of our children

00:19:23.360 for 140 dollars

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00:19:37.220 pre-born's goal this year

00:19:39.760 is to rescue 80,000 babies

00:19:41.640 just from this audience

00:19:43.140 that's our goal

00:19:44.300 they can only do it with your help

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00:19:48.680 dial pound 250

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00:20:14.300 okay so uh

00:20:17.780 here's something you probably didn't know

00:20:20.020 um the new york times is reporting today

00:20:22.500 uh that good thing this bank has been saved

00:20:25.700 silicon valley bank was in many ways

00:20:28.540 a climate bank

00:20:30.240 when you have the majority of the market

00:20:32.560 banking through one institution

00:20:34.320 there's going to be a lot of collateral damage

00:20:36.420 community solar projects

00:20:38.680 appear to be specially hard hit

00:20:40.620 silicon valley bank said

00:20:42.160 uh it led or participated

00:20:44.620 in 62 percent of financing deals

00:20:47.320 for community solar projects

00:20:49.780 their smaller scale solar projects

00:20:52.480 often serve lower income residential areas

00:20:55.520 don't worry

00:20:56.460 don't worry

00:20:57.960 the fed is covering all of this

00:20:59.960 the devastation comes at a critical moment

00:21:02.880 uh it is central to cut the greenhouse gases

00:21:07.040 that are dangerously heating the planet

00:21:09.060 says the new york times

00:21:10.160 the federal government depends on

00:21:12.420 climate tech companies

00:21:13.460 to develop the innovations needed

00:21:15.420 this is going to set

00:21:17.900 the climate change industry down

00:21:22.180 and set them back for years

00:21:25.320 hmm

00:21:26.780 gee

00:21:27.960 well

00:21:28.620 good thing we're not

00:21:29.900 drilling for oil

00:21:31.240 good thing we're getting rid of all of our

00:21:33.080 backup power plants

00:21:34.920 isn't it

00:21:35.440 home depot co-founder said

00:21:39.020 the global lending firm

00:21:40.640 silicon valley bank

00:21:42.040 went broke

00:21:44.540 because it was woke

00:21:46.120 now the rising interest rates

00:21:50.840 are really

00:21:51.360 really wide

00:21:52.260 but if you want to look at their

00:21:53.540 business model

00:21:55.020 these guys are

00:21:56.860 woke

00:21:57.400 activists

00:21:58.640 he said

00:21:59.760 instead of

00:22:00.260 protecting the shareholders

00:22:02.040 and their employees

00:22:02.960 they're more concerned about

00:22:04.560 the social policies

00:22:05.960 as recently as this month

00:22:08.640 just days before it went into

00:22:10.060 receivership with the fdic

00:22:11.540 silicon valley bank

00:22:13.240 discussed

00:22:13.760 decarbonization

00:22:15.080 gay rights

00:22:16.460 the black venture

00:22:18.120 ecosystem

00:22:19.200 and so much more

00:22:20.920 well

00:22:21.660 they were woke

00:22:22.740 good thing

00:22:23.780 good thing

00:22:24.800 by the way

00:22:25.720 they were purchased

00:22:26.500 this morning

00:22:27.380 by a british bank

00:22:29.560 because

00:22:30.660 great britain was worried

00:22:32.320 about their tech industry

00:22:33.700 as svp

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00:23:58.180 wow

00:24:13.820 you know

00:24:20.000 you're going to find

00:24:21.140 this

00:24:21.620 really comforting

00:24:23.180 just so you know

00:24:24.520 Silicon Valley Bank

00:24:26.680 you know

00:24:27.840 right before

00:24:28.660 it went down

00:24:29.460 they were able

00:24:31.340 to pay

00:24:32.040 all of the bonuses

00:24:33.160 to the people

00:24:34.060 between

00:24:35.500 $12,000

00:24:36.580 and $140,000

00:24:38.720 so they got

00:24:40.880 those bonuses

00:24:41.680 so

00:24:42.060 that was a close one

00:24:43.160 good

00:24:43.500 good

00:24:44.080 I feel

00:24:44.520 don't you feel better

00:24:45.720 much

00:24:46.240 seriously

00:24:46.860 yeah

00:24:47.340 yeah

00:24:47.900 me too

00:24:48.720 yeah

00:24:49.360 me too

00:24:50.080 me too

00:24:51.220 so

00:24:52.100 hey

00:24:52.540 there's a couple

00:24:53.080 of other things

00:24:53.760 that I

00:24:54.080 found

00:24:55.140 kind of

00:24:56.140 interesting

00:24:56.780 you know

00:24:57.560 the guy

00:24:58.040 who

00:24:58.500 was

00:24:59.900 on the

00:25:00.700 board of

00:25:01.060 directors

00:25:01.420 happened to be

00:25:02.260 the guy

00:25:02.680 who was

00:25:03.240 running

00:25:04.720 Lehman Brothers

00:25:05.520 when it collapsed

00:25:06.500 what an incredible

00:25:09.500 coincidence

00:25:10.100 yeah

00:25:10.520 boy that guy's

00:25:11.160 run into some

00:25:11.700 bad luck

00:25:12.340 right

00:25:12.800 right

00:25:13.160 and I

00:25:14.240 think it's

00:25:15.120 is it

00:25:15.600 sovereign

00:25:16.200 or what's

00:25:16.660 the other

00:25:16.940 first republic

00:25:17.720 it's either

00:25:18.300 first republic

00:25:18.940 signature

00:25:19.380 signature

00:25:20.100 or first republic

00:25:21.260 um

00:25:21.860 barney frank

00:25:22.860 was uh

00:25:23.600 on the board

00:25:24.400 of that one

00:25:24.820 so right

00:25:25.320 yeah

00:25:25.900 so it's good

00:25:26.820 to see the old

00:25:27.580 gang coming

00:25:28.260 back together

00:25:29.000 well they did

00:25:30.400 such a good job

00:25:31.140 in 2008

00:25:31.820 they did

00:25:32.180 you want them

00:25:33.600 back

00:25:34.020 right

00:25:34.500 I mean

00:25:35.300 please

00:25:36.040 um

00:25:37.160 by the way

00:25:38.880 we're gonna

00:25:39.520 continue our

00:25:40.120 conversation on

00:25:40.820 this with

00:25:41.160 people who

00:25:41.540 really know

00:25:42.060 what they

00:25:42.580 are talking

00:25:43.100 about on

00:25:43.620 this

00:25:43.880 uh

00:25:44.540 coming up

00:25:44.980 in uh

00:25:45.580 in just

00:25:46.180 a few

00:25:46.960 minutes

00:25:47.280 do you

00:25:47.780 remember

00:25:48.160 um

00:25:48.800 uh

00:25:49.420 pat

00:25:49.720 the

00:25:50.180 china

00:25:50.900 the uh

00:25:51.640 the uh

00:25:52.360 the uh

00:25:54.040 lasers

00:25:54.520 that were

00:25:55.340 yeah the green

00:25:56.120 lasers

00:25:56.500 quote measuring

00:25:57.440 hawaii

00:25:58.240 right

00:25:59.260 yeah

00:25:59.640 yeah

00:25:59.880 yeah

00:26:00.060 yeah

00:26:00.340 so uh

00:26:01.680 that happened

00:26:02.140 sarah about a

00:26:03.120 month ago

00:26:03.640 is it about

00:26:04.140 yeah about a

00:26:04.660 month ago

00:26:05.140 this video

00:26:06.060 came out

00:26:06.640 that showed

00:26:07.380 this green

00:26:08.940 laser

00:26:09.540 kind of just

00:26:11.080 uh

00:26:12.140 tracking hawaii

00:26:14.020 just all these

00:26:15.040 little laser

00:26:15.680 beams coming

00:26:16.480 down from

00:26:17.140 the sky

00:26:17.840 and um

00:26:19.620 the the

00:26:21.000 what they

00:26:21.940 said was

00:26:22.420 don't worry

00:26:22.800 but we do

00:26:23.180 this all

00:26:23.680 the time

00:26:24.140 we're it's

00:26:25.000 nasa

00:26:25.480 we're measuring

00:26:26.480 the earth

00:26:27.000 and i thought

00:26:28.660 because i thought

00:26:29.180 we knew a

00:26:30.060 while ago

00:26:30.920 how big the

00:26:31.700 earth

00:26:31.840 how big the

00:26:32.380 earth

00:26:32.580 yeah i thought

00:26:33.040 so too

00:26:33.540 i thought

00:26:33.900 so too

00:26:34.480 but no

00:26:35.340 no no

00:26:35.600 this is for

00:26:36.180 global warming

00:26:36.900 apparently you

00:26:38.300 know the

00:26:38.560 water weight

00:26:39.240 you know we're

00:26:40.060 losing some

00:26:40.620 water weight

00:26:41.180 and so we

00:26:41.880 you know tighten

00:26:42.540 our belt a

00:26:43.140 little bit

00:26:43.420 i guess

00:26:43.720 i don't know

00:26:44.320 but uh that

00:26:45.240 didn't seem

00:26:45.960 like a logical

00:26:46.740 answer to me

00:26:47.520 because i've

00:26:49.080 lived a few

00:26:49.820 times you know

00:26:50.680 a few days

00:26:51.920 and uh

00:26:52.960 since we've

00:26:53.700 had lasers

00:26:54.400 and i've never

00:26:55.820 seen us measure

00:26:57.220 the earth

00:26:57.760 and you'd think

00:26:59.020 if we do that

00:27:00.180 all the time

00:27:01.040 you would see it

00:27:01.820 from time to time

00:27:02.440 some of us

00:27:03.120 might have seen

00:27:03.780 it yeah you

00:27:04.400 know okay

00:27:05.120 so that one

00:27:06.600 didn't fly

00:27:07.260 so then uh

00:27:09.340 after the balloon

00:27:10.400 happened with

00:27:11.380 china

00:27:11.940 it came out

00:27:13.740 that that

00:27:14.220 wasn't a

00:27:15.260 nasa satellite

00:27:16.280 no

00:27:16.740 well yeah

00:27:17.280 it wasn't

00:27:17.740 a nasa

00:27:18.220 satellite

00:27:18.700 so apparently

00:27:19.940 our government

00:27:20.520 lied to us

00:27:21.400 yet again

00:27:22.460 not a government

00:27:23.540 satellite

00:27:24.040 it uh

00:27:25.000 it was a

00:27:25.840 it's a weather

00:27:26.600 satellite

00:27:27.120 but it's a

00:27:27.940 chinese weather

00:27:29.020 satellite

00:27:29.660 oh okay

00:27:30.480 so they were

00:27:31.120 just inspecting

00:27:32.020 the weather

00:27:32.500 with lasers

00:27:33.060 well what they

00:27:33.780 do they were

00:27:34.400 they were

00:27:34.920 worried about

00:27:36.140 the um

00:27:37.220 pollution

00:27:37.780 in hawaii

00:27:39.760 and so they

00:27:40.800 were measuring

00:27:41.520 the chinese

00:27:42.120 were worried

00:27:42.720 about the

00:27:43.340 pollution in

00:27:44.040 hawaii

00:27:44.520 yeah of course

00:27:45.620 okay

00:27:46.000 and so they

00:27:46.560 were measuring

00:27:47.280 the amount

00:27:47.760 of sweet of

00:27:48.380 them isn't it

00:27:48.900 it is very

00:27:49.500 nice very

00:27:50.140 kind well

00:27:50.580 they're very

00:27:51.500 very global

00:27:52.440 warming conscious

00:27:53.300 oh i know

00:27:54.320 i heard that

00:27:54.920 i heard that

00:27:55.580 from jennifer

00:27:56.180 granhold

00:27:56.600 right so

00:27:57.520 that we have

00:27:58.320 a lot to

00:27:58.860 learn from

00:27:59.280 that they

00:27:59.560 can measure

00:28:00.240 the particles

00:28:01.640 in the air

00:28:02.280 with a

00:28:03.220 satellite

00:28:03.780 with green

00:28:05.020 lasers

00:28:05.460 that's incredible

00:28:06.620 we don't do

00:28:07.200 that no

00:28:07.760 so um

00:28:09.320 that one

00:28:10.180 seemed

00:28:10.960 a little

00:28:12.980 odd

00:28:13.600 yeah

00:28:14.700 and maybe

00:28:15.520 a little

00:28:16.180 too nice

00:28:17.220 for china

00:28:18.400 to do

00:28:19.060 um

00:28:20.240 it has now

00:28:20.960 come out

00:28:21.440 and said

00:28:21.720 well okay

00:28:22.380 all right

00:28:22.860 that satellite

00:28:24.460 has a dual

00:28:25.740 purpose

00:28:26.300 okay

00:28:27.040 it not only

00:28:28.540 can measure

00:28:29.660 you know

00:28:30.500 pollution

00:28:30.980 it can clean

00:28:32.040 it up

00:28:32.440 well no

00:28:33.280 it can just

00:28:33.740 measure it

00:28:34.360 yeah

00:28:34.620 not only

00:28:35.260 can it

00:28:35.640 do that

00:28:37.280 but it

00:28:38.040 also

00:28:38.840 can be

00:28:41.100 used

00:28:41.860 to

00:28:43.060 um

00:28:44.080 target

00:28:44.780 their new

00:28:45.280 hypersonic

00:28:45.860 missile

00:28:46.580 because it

00:28:48.140 needs very

00:28:48.980 accurate

00:28:49.860 targeting

00:28:51.280 so

00:28:52.480 what this

00:28:54.360 uh

00:28:55.480 climate

00:28:56.200 change

00:28:57.320 satellite

00:28:58.140 does

00:28:58.720 is it

00:28:59.680 comes down

00:29:00.420 and it

00:29:00.800 measures

00:29:01.220 sure it

00:29:01.840 measures all

00:29:02.300 the pollution

00:29:02.700 but it

00:29:03.480 also

00:29:04.100 could

00:29:04.940 measure

00:29:06.460 exactly

00:29:07.820 the topography

00:29:09.080 and

00:29:09.980 and make

00:29:11.360 sure that

00:29:12.080 the

00:29:12.520 the

00:29:13.480 hypersonic

00:29:14.200 missiles

00:29:14.780 have an

00:29:16.120 exact

00:29:16.820 location

00:29:17.640 to hit

00:29:18.260 but fortunately

00:29:19.120 we're talking

00:29:19.600 about the

00:29:19.980 chinese

00:29:20.300 here

00:29:20.840 and we

00:29:21.100 know

00:29:21.260 they have

00:29:21.620 no

00:29:22.000 ill will

00:29:22.760 toward us

00:29:24.040 no

00:29:24.360 so

00:29:24.920 no

00:29:25.600 you don't

00:29:25.920 need to

00:29:26.340 worry

00:29:26.660 about that

00:29:27.220 particular

00:29:27.720 aspect

00:29:28.260 of it

00:29:28.740 no

00:29:28.980 it's just

00:29:29.380 a measurement

00:29:29.840 thing

00:29:30.180 they're

00:29:30.700 measuring

00:29:31.140 the density

00:29:31.880 of the

00:29:32.400 atmosphere

00:29:32.920 that's

00:29:33.300 what they're

00:29:33.560 doing

00:29:33.820 okay

00:29:34.240 how dense

00:29:34.820 is it

00:29:35.160 the atmosphere

00:29:35.820 well

00:29:36.480 over america

00:29:38.280 i think

00:29:38.520 it's very

00:29:39.080 dense

00:29:39.540 yeah

00:29:39.780 very dense

00:29:40.600 you know

00:29:41.140 what i mean

00:29:41.540 uh so

00:29:43.100 yeah

00:29:43.620 apparently

00:29:44.560 it's

00:29:45.460 the hypersonic

00:29:46.360 missile

00:29:46.860 it doesn't

00:29:48.060 like weather

00:29:48.740 you know

00:29:49.760 uh and

00:29:51.100 sometimes

00:29:51.660 there's a

00:29:52.320 weather

00:29:52.600 yeah

00:29:53.520 so they

00:29:54.280 need to

00:29:54.600 do the

00:29:55.060 that's

00:29:55.380 unfortunate

00:29:55.820 the laser

00:29:56.400 thing

00:29:56.880 which is

00:29:58.040 kind of

00:29:58.320 nice

00:29:58.780 you know

00:29:59.540 you get

00:30:00.020 like a

00:30:00.460 i don't

00:30:00.740 know

00:30:00.900 it's like

00:30:01.200 a pink

00:30:01.600 floyd

00:30:02.080 moment

00:30:02.440 right before

00:30:02.980 you're

00:30:03.220 vaporized

00:30:03.920 you know

00:30:04.520 like

00:30:04.700 whoa

00:30:05.440 look at

00:30:06.060 the cool

00:30:06.620 lasers

00:30:07.160 in the

00:30:07.680 sky

00:30:08.340 and you

00:30:09.020 hold your

00:30:09.800 lighter up

00:30:10.580 or your

00:30:10.860 phone

00:30:11.260 you're like

00:30:11.620 yeah

00:30:12.280 rock

00:30:13.040 it's great

00:30:15.800 you don't even

00:30:16.240 get to

00:30:16.600 on

00:30:17.060 no you

00:30:17.700 don't

00:30:17.800 rock

00:30:18.060 on

00:30:18.520 just rock

00:30:19.360 okay

00:30:19.720 of course

00:30:20.340 you don't

00:30:20.980 of course

00:30:21.380 you don't

00:30:22.100 by the way

00:30:22.740 you remember

00:30:23.320 naomi wolf

00:30:24.220 uh yes

00:30:25.460 okay

00:30:26.120 author

00:30:26.900 liberal

00:30:28.120 yeah

00:30:28.880 part of

00:30:29.740 feminist

00:30:30.360 yeah

00:30:30.920 and uh

00:30:31.760 third wave

00:30:32.200 feminist

00:30:32.600 and i

00:30:33.020 believe

00:30:33.540 part of

00:30:34.300 the clinton

00:30:34.860 administration

00:30:35.560 at one

00:30:35.900 point

00:30:36.080 wasn't

00:30:36.380 she

00:30:36.540 um

00:30:37.680 she came

00:30:38.380 out

00:30:38.720 and wrote

00:30:39.320 wrote a

00:30:40.160 letter

00:30:40.360 to

00:30:40.660 conservatives

00:30:41.320 yeah i love it

00:30:43.380 and uh

00:30:44.300 she said

00:30:45.280 republicans and

00:30:46.080 conservatives

00:30:46.520 i'm sorry

00:30:47.160 i believed

00:30:49.060 wholesale

00:30:49.780 so much

00:30:51.320 else

00:30:51.740 that has

00:30:52.300 turned out

00:30:52.920 to be

00:30:53.600 not as i

00:30:54.680 was told

00:30:55.180 it was

00:30:55.740 by npr

00:30:56.540 msnbc

00:30:58.020 in the new

00:30:58.380 york times

00:30:59.020 anyone in

00:31:00.420 leadership

00:31:00.820 who is

00:31:01.280 misrepresented

00:31:02.120 to the

00:31:02.580 public

00:31:02.920 the events

00:31:03.560 of january

00:31:04.280 6th

00:31:05.160 so as to

00:31:05.680 distort the

00:31:06.460 complexity

00:31:07.000 of the

00:31:07.480 actual history

00:31:08.400 must be

00:31:09.480 held accountable

00:31:10.340 holy cow

00:31:12.220 wow that

00:31:13.060 that's a

00:31:13.740 brave statement

00:31:14.640 from somebody

00:31:15.240 on the left

00:31:15.820 are you kidding me

00:31:16.040 wow

00:31:16.960 yeah

00:31:17.260 well you

00:31:18.360 should see

00:31:18.840 i think it

00:31:19.300 was in the

00:31:20.060 oh it was in

00:31:21.420 the times

00:31:21.920 or having to

00:31:22.580 put i can't

00:31:22.980 remember where

00:31:23.400 i read it

00:31:23.680 but they

00:31:23.960 they were

00:31:24.500 talking about

00:31:24.940 well you

00:31:25.500 know

00:31:25.780 she's um

00:31:27.840 she went on

00:31:28.640 tucker carlson

00:31:29.480 about a year

00:31:30.180 ago so

00:31:30.760 we uh

00:31:31.880 we worried

00:31:32.540 about her

00:31:33.120 bona fides

00:31:33.860 back then

00:31:35.200 oh did you

00:31:36.540 she was seen

00:31:38.020 with tucker

00:31:38.580 carlson

00:31:39.300 she sold

00:31:41.240 out

00:31:41.740 obviously a

00:31:43.440 nut job

00:31:43.860 now

00:31:44.200 well if

00:31:44.820 right

00:31:45.240 i mean

00:31:46.120 only nut

00:31:46.820 jobs would

00:31:47.400 say i am

00:31:48.400 sorry

00:31:48.880 to conservatives

00:31:50.180 by the way

00:31:53.480 i don't know

00:31:53.840 if you've been

00:31:54.280 following what

00:31:55.040 they're looking

00:31:55.980 at in uh

00:31:57.040 in washington

00:31:57.900 about you

00:31:59.400 know the

00:32:00.040 the government

00:32:01.440 silencing

00:32:02.300 speech

00:32:02.820 um the

00:32:04.600 government

00:32:04.940 lying about

00:32:05.840 uh january

00:32:07.020 6th but

00:32:07.940 your friends

00:32:08.520 should probably

00:32:09.180 pay attention

00:32:09.860 to it

00:32:10.320 if you're

00:32:11.160 if you're

00:32:11.580 not you

00:32:11.980 should too

00:32:12.500 but have

00:32:13.160 a feeling

00:32:13.720 you are

00:32:14.300 but your

00:32:14.960 friends should

00:32:15.640 probably pay

00:32:16.360 attention to

00:32:16.980 it

00:32:17.180 somebody needs

00:32:18.060 to bring

00:32:18.420 that to

00:32:18.860 their attention

00:32:19.500 because the

00:32:21.000 people i

00:32:21.540 talk to

00:32:22.060 that have

00:32:23.240 absolutely

00:32:23.700 who are

00:32:24.180 only listening

00:32:25.280 to the

00:32:26.840 new york times

00:32:27.660 and cnn

00:32:28.300 and npr

00:32:29.360 have no

00:32:30.820 idea

00:32:31.700 how corrupt

00:32:33.680 our government

00:32:34.400 has become

00:32:35.200 and i would

00:32:36.680 be saying

00:32:37.180 this if it

00:32:37.700 was happening

00:32:38.280 under a trump

00:32:39.220 administration

00:32:40.240 i'd be

00:32:41.340 ringing the

00:32:41.920 bell you

00:32:42.560 are in

00:32:43.440 deep trouble

00:32:44.480 the government

00:32:46.280 has

00:32:47.000 gone awry

00:32:48.620 just a

00:32:50.040 little bit

00:32:50.700 maybe it's

00:32:52.840 maybe it's

00:32:54.020 just me

00:32:54.420 but i

00:32:54.960 don't think

00:32:55.620 it is

00:32:56.160 by the way

00:33:00.520 we're going

00:33:01.220 to talk

00:33:01.520 to

00:33:01.880 who's the

00:33:05.260 senator

00:33:05.560 we have

00:33:05.980 massy

00:33:06.920 we have

00:33:07.720 massy on

00:33:09.240 with us

00:33:09.740 and

00:33:10.520 he asked

00:33:12.500 i don't know

00:33:13.480 if you saw

00:33:13.800 his tweet

00:33:14.180 last night

00:33:14.740 he was

00:33:15.100 talking to

00:33:15.980 getting a

00:33:18.220 briefing on

00:33:18.800 what was

00:33:19.120 happening

00:33:19.420 with the

00:33:19.740 banks

00:33:20.040 and

00:33:21.220 he's on

00:33:22.000 this phone

00:33:22.360 call

00:33:22.660 and

00:33:23.280 apparently

00:33:23.760 one of

00:33:24.200 the

00:33:24.460 senators

00:33:24.980 or

00:33:25.280 representatives

00:33:25.820 said

00:33:27.020 hey

00:33:28.340 do we

00:33:30.880 have a

00:33:31.220 plan to

00:33:31.860 make sure

00:33:32.460 that we're

00:33:32.940 silencing

00:33:33.540 anybody

00:33:34.060 who is

00:33:34.980 you know

00:33:35.620 stepping out

00:33:37.080 of line

00:33:37.480 and causing

00:33:38.460 damage to

00:33:39.200 the market

00:33:39.640 yes we're

00:33:41.200 working on

00:33:41.680 that we're

00:33:42.060 going to

00:33:42.200 have to

00:33:42.380 get back

00:33:42.720 to you

00:33:43.060 oh really

00:33:44.380 what

00:33:45.140 you remember

00:33:46.580 i told you

00:33:47.300 back in

00:33:47.920 december or

00:33:48.720 january

00:33:49.400 that there

00:33:50.320 was another

00:33:50.820 war game

00:33:51.580 do you

00:33:51.840 remember

00:33:52.200 event 201

00:33:53.080 that was

00:33:53.820 for covid

00:33:54.480 something like

00:33:55.720 something like

00:33:57.140 covid

00:33:57.660 might happen

00:33:58.980 set your

00:34:00.140 watches in

00:34:00.660 maybe about

00:34:01.080 a month and

00:34:01.460 a half

00:34:01.760 and uh

00:34:03.120 what do we

00:34:03.460 do

00:34:03.900 and so they

00:34:04.620 brought everybody

00:34:05.460 together the

00:34:06.220 treasury

00:34:06.840 the federal

00:34:08.020 reserve

00:34:08.480 the central

00:34:09.480 banks from

00:34:10.140 all over the

00:34:10.580 world and

00:34:11.220 they came up

00:34:12.060 with exactly

00:34:13.220 what they

00:34:13.740 implemented

00:34:14.300 all over the

00:34:16.100 world with

00:34:17.280 covid and

00:34:19.220 in it they

00:34:20.280 set up all

00:34:21.460 of the things

00:34:22.140 to be able

00:34:23.820 to be as

00:34:24.620 effective as

00:34:25.380 possible as

00:34:26.040 quickly as

00:34:26.700 possible and

00:34:27.280 that meant

00:34:27.740 shutting down

00:34:28.360 some voices

00:34:28.940 and having

00:34:29.880 some control

00:34:30.820 well they

00:34:32.340 just did

00:34:32.860 another one

00:34:33.540 at the

00:34:33.780 world economic

00:34:34.480 forum they

00:34:35.540 did it i

00:34:36.040 think it

00:34:36.560 was in

00:34:36.920 december and

00:34:38.300 it was on

00:34:39.380 a banking

00:34:40.380 collapse

00:34:41.040 and what

00:34:42.980 are we

00:34:43.240 gonna do

00:34:43.800 if there's

00:34:44.280 a banking

00:34:44.840 collapse

00:34:45.540 well we're

00:34:47.300 gonna we're

00:34:47.940 gonna rush

00:34:48.420 in there

00:34:48.920 we're gonna

00:34:49.960 do everything

00:34:50.360 we can to

00:34:51.040 make sure

00:34:51.560 that we

00:34:51.880 got that

00:34:52.340 shored up

00:34:53.040 now by

00:34:54.800 the way

00:34:55.200 this is

00:34:57.360 hurting your

00:34:58.740 small banks

00:34:59.700 we're gonna

00:35:00.140 end up i

00:35:00.780 think with

00:35:01.140 four banks

00:35:01.940 and then

00:35:03.120 we'll end

00:35:03.500 up with

00:35:03.880 one and

00:35:04.820 then there

00:35:05.280 was one

00:35:05.880 the federal

00:35:06.860 reserve but

00:35:08.580 you gotta

00:35:09.440 make sure

00:35:10.140 today you

00:35:10.880 have coverage

00:35:11.600 with fdic

00:35:12.700 if you

00:35:14.180 have i mean

00:35:15.180 if you have

00:35:15.560 more than

00:35:15.920 250 000 in

00:35:17.580 your bank

00:35:17.940 account good

00:35:19.380 for you

00:35:20.180 um but

00:35:21.660 make sure

00:35:23.000 that you

00:35:23.420 have coverage

00:35:24.300 uh of

00:35:25.640 fdic up

00:35:26.560 to 250 000

00:35:27.820 dollars now

00:35:29.720 what

00:35:32.680 happens

00:35:34.160 what

00:35:36.240 happens

00:35:36.800 when they

00:35:37.300 start just

00:35:37.980 picking the

00:35:38.660 banks off

00:35:39.380 if the fed

00:35:40.200 continues to

00:35:41.260 raise rates

00:35:42.180 that's probably

00:35:44.960 a problem

00:35:46.120 but dare i

00:35:46.840 say that

00:35:47.520 because

00:35:48.500 at the

00:35:49.500 little uh

00:35:50.560 you know

00:35:51.260 practice

00:35:52.640 if you will

00:35:54.240 for a

00:35:55.200 financial collapse

00:35:56.600 and a banking

00:35:57.240 collapse

00:35:57.780 they all

00:35:58.940 agreed

00:35:59.440 that there

00:36:00.880 would be

00:36:01.220 those who

00:36:01.920 would deviate

00:36:03.160 from the

00:36:03.880 central banks

00:36:04.760 uh plan

00:36:06.700 and strategy

00:36:07.720 and uh

00:36:09.420 truth

00:36:10.120 and that

00:36:12.100 would hurt

00:36:12.900 the global

00:36:13.960 financial markets

00:36:15.040 so they would

00:36:15.940 need to be

00:36:16.580 silenced

00:36:17.180 so when

00:36:19.160 thomas massey

00:36:20.080 asked last

00:36:21.280 night

00:36:21.820 uh

00:36:23.920 you have

00:36:25.560 any plans

00:36:26.300 to silence

00:36:27.020 people they

00:36:27.640 said we'll

00:36:28.500 get back to

00:36:29.140 you

00:36:29.380 the plan

00:36:31.200 already

00:36:31.800 exists

00:36:32.580 they just

00:36:33.620 have to

00:36:33.940 see if

00:36:34.340 this time

00:36:35.380 this is

00:36:36.180 the one

00:36:36.720 make sure

00:36:39.900 your money

00:36:40.920 is insured

00:36:42.160 by the

00:36:42.740 fdic

00:36:43.300 make sure

00:36:46.200 your bank

00:36:46.920 is not

00:36:47.980 involved

00:36:48.820 in risky

00:36:49.500 loans

00:36:50.080 back in

00:36:52.600 just a

00:36:52.920 minute

00:36:53.060 uh

00:36:54.660 when it

00:36:54.960 comes to

00:36:55.540 stocking up

00:36:56.180 on emergency

00:36:56.700 food

00:36:57.240 i think you

00:36:58.260 should be

00:36:58.560 prepared for

00:36:59.460 anything

00:37:00.100 anybody think

00:37:01.180 hey

00:37:01.660 maybe i

00:37:03.580 should have

00:37:03.920 some extra

00:37:04.360 food around

00:37:04.860 just in case

00:37:05.420 things went

00:37:05.880 crazy

00:37:06.360 because when

00:37:07.700 this one

00:37:08.160 hits

00:37:08.560 and i don't

00:37:09.160 think it's

00:37:09.620 this one

00:37:10.120 but when

00:37:10.980 it hits

00:37:11.520 it's going

00:37:12.480 to hit

00:37:12.820 and it's

00:37:13.220 going to

00:37:13.400 hit fast

00:37:14.140 and you're

00:37:15.980 going to be

00:37:16.300 sitting there

00:37:16.860 and you

00:37:18.360 know your

00:37:18.620 bank might

00:37:19.200 be closed

00:37:19.860 for a while

00:37:20.600 how are you

00:37:21.380 going to

00:37:21.600 pay for

00:37:22.100 things

00:37:22.660 what are

00:37:22.940 you going

00:37:23.120 to do

00:37:23.600 my

00:37:24.840 patriotsupply.com

00:37:26.460 is there

00:37:27.080 and right

00:37:27.680 now you'll

00:37:28.740 get a

00:37:28.980 $200 bonus

00:37:29.960 gift that

00:37:30.600 comes free

00:37:31.240 with each

00:37:31.920 three-month

00:37:32.860 emergency

00:37:33.340 food kit

00:37:33.900 you order

00:37:34.380 that way

00:37:34.820 everybody in

00:37:35.440 your family

00:37:35.880 can be

00:37:36.260 prepared

00:37:36.740 but hurry

00:37:37.700 the offer

00:37:38.280 is only good

00:37:39.200 while supplies

00:37:40.020 last

00:37:40.380 check this

00:37:40.880 off your

00:37:41.180 list

00:37:41.480 sleep better

00:37:42.380 knowing your

00:37:42.940 family won't

00:37:43.500 suffer

00:37:43.820 if the worst

00:37:44.960 case scenario

00:37:45.580 ever happens

00:37:46.320 it's

00:37:46.640 mypatriotsupply.com

00:37:48.620 mypatriotsupply.com

00:37:50.780 score free shipping

00:37:51.800 as well

00:37:52.340 mypatriotsupply.com

00:37:55.020 this is

00:37:56.500 the Glenn Beck

00:37:57.300 program

00:37:57.920 well we were

00:38:21.240 flagged again

00:38:23.040 by Facebook

00:38:23.780 and I'm

00:38:24.500 just broken

00:38:25.380 up about it

00:38:26.780 on Friday

00:38:28.060 we found out

00:38:29.100 after I got

00:38:30.000 off the air

00:38:30.580 there was

00:38:31.980 something else

00:38:32.680 that we said

00:38:33.500 I don't even

00:38:33.980 know what it

00:38:34.380 was so I'll

00:38:35.040 say it again

00:38:35.660 but something

00:38:37.960 absolutely

00:38:38.720 ridiculous

00:38:39.340 on the

00:38:40.180 on the

00:38:40.860 January 6th

00:38:41.600 thing

00:38:41.800 like I think

00:38:43.620 I said it

00:38:44.000 was in

00:38:44.320 Washington

00:38:44.660 D.C.

00:38:45.560 and you

00:38:46.680 know

00:38:46.900 PolitiFact was

00:38:48.060 like it was

00:38:48.780 not in

00:38:49.180 Washington

00:38:49.480 D.C.

00:38:49.920 it was

00:38:50.240 someplace else

00:38:51.440 magical

00:38:51.960 and

00:38:53.420 I don't

00:38:54.440 know

00:38:54.820 and

00:38:56.260 so

00:38:57.780 we're

00:38:58.200 we're

00:38:58.500 being

00:38:58.880 we're being

00:38:59.660 hammered

00:39:00.840 by Facebook

00:39:02.200 and not only

00:39:03.200 all of

00:39:04.000 my posts

00:39:05.240 but all of

00:39:06.160 the Blaze

00:39:06.620 all of Pat's

00:39:07.620 posts

00:39:07.880 everything is

00:39:08.700 being downgraded

00:39:09.720 so you're

00:39:10.840 going to have

00:39:11.080 a hard time

00:39:11.480 finding any

00:39:11.980 of your

00:39:12.200 favorite hosts

00:39:12.980 any of our

00:39:13.840 any of our

00:39:14.460 posts because

00:39:15.040 we will not

00:39:16.460 retract

00:39:17.000 what we say

00:39:18.280 unless

00:39:18.900 it's wrong

00:39:20.840 and

00:39:21.820 I'm sorry

00:39:22.920 we haven't

00:39:24.420 said anything

00:39:25.280 that was wrong

00:39:26.800 that we haven't

00:39:27.900 corrected

00:39:28.420 we're not

00:39:29.420 playing this

00:39:30.180 game

00:39:30.540 we are not

00:39:32.100 the tool

00:39:33.600 of the

00:39:35.140 federal government

00:39:36.460 you know

00:39:37.560 the biggest

00:39:38.780 tool is

00:39:39.520 is Zuckerberg

00:39:40.720 and Facebook

00:39:41.540 of you know

00:39:42.380 I mean tool

00:39:42.820 of the government

00:39:43.480 of course

00:39:43.920 so you

00:39:46.660 we would

00:39:47.280 really like

00:39:47.940 you to

00:39:48.420 join us

00:39:49.240 as a member

00:39:49.920 of the Blaze

00:39:50.680 we have

00:39:51.980 we're putting

00:39:55.040 all of our

00:39:55.500 eggs in

00:39:56.160 your basket

00:39:57.200 we are

00:39:58.520 counting

00:39:59.860 on you

00:40:01.300 to

00:40:02.520 be there

00:40:04.800 with us

00:40:05.260 and if we

00:40:05.760 create value

00:40:06.560 for you

00:40:07.120 please join

00:40:08.180 us

00:40:08.520 it's like

00:40:09.900 nine bucks

00:40:10.540 a month

00:40:10.880 so it's like

00:40:11.380 a coffee

00:40:11.880 and a half

00:40:12.400 a month

00:40:12.860 at Starbucks

00:40:14.000 and we

00:40:15.860 would

00:40:16.220 if I mean

00:40:17.060 if we're not

00:40:17.440 doing that

00:40:18.060 much value

00:40:18.800 for you

00:40:19.200 then I mean

00:40:20.480 you're wasting

00:40:20.940 your time

00:40:21.360 with us

00:40:21.740 and we

00:40:23.440 should know

00:40:23.900 that

00:40:24.240 we only

00:40:25.480 want to

00:40:25.920 answer

00:40:26.200 to you

00:40:26.840 and we

00:40:28.180 really need

00:40:28.840 your help

00:40:29.340 so you

00:40:30.120 can join

00:40:30.560 us at

00:40:31.080 blazetv.com

00:40:32.960 the user

00:40:33.780 promo code

00:40:34.520 will not

00:40:35.060 be censored

00:40:35.720 and you get

00:40:36.100 20% off

00:40:37.300 now

00:40:37.680 by the way

00:40:38.380 also at

00:40:39.300 glennbeckshop.com

00:40:41.000 you can get

00:40:42.160 your

00:40:42.380 go zuck

00:40:42.960 yourself

00:40:43.480 t-shirt

00:40:44.140 there's also

00:40:48.260 a bumper

00:40:49.640 sticker

00:40:50.040 that says

00:40:50.640 zuck off

00:40:51.300 which I

00:40:52.860 would not

00:40:53.780 have

00:40:54.020 that's why

00:40:54.740 I would

00:40:55.000 buy the

00:40:55.300 t-shirt

00:40:55.600 that says

00:40:56.100 first amendment

00:40:56.980 established

00:40:57.960 1791

00:40:59.140 facebook

00:41:00.260 established

00:41:00.980 2004

00:41:01.920 and just

00:41:03.160 has a little

00:41:05.540 more experience

00:41:06.240 so you're

00:41:06.620 saying

00:41:06.920 facebook

00:41:07.780 is much

00:41:08.380 more modern

00:41:09.100 and right

00:41:09.960 with it

00:41:10.500 right

00:41:10.860 today

00:41:11.400 what I'm

00:41:11.900 really saying

00:41:12.420 is go

00:41:12.800 zuck

00:41:13.040 yourself

00:41:13.440 and you

00:41:14.400 can get

00:41:14.720 those t-shirts

00:41:15.460 now at

00:41:16.580 glennbeckshop.com

00:41:18.080 that's glennbeckshop.com

00:41:19.440 but support us

00:41:20.840 join us

00:41:21.340 if you haven't

00:41:21.700 become a member

00:41:22.280 of the blaze

00:41:22.880 yet

00:41:23.140 join us

00:41:24.560 at

00:41:25.680 blazetv.com

00:41:27.680 slash

00:41:28.360 glenn

00:41:29.040 will not

00:41:30.360 be censored

00:41:31.240 is the promo

00:41:31.960 code

00:41:32.300 safe

00:41:32.620 20%

00:41:33.340 the glennbeck

00:41:34.260 program

00:41:34.840 whoever said

00:41:38.320 that taking

00:41:38.680 care of your

00:41:39.080 dog was easy

00:41:39.780 might not

00:41:40.200 have been

00:41:40.580 doing a

00:41:41.080 very good

00:41:41.520 job

00:41:41.900 you're

00:41:42.160 feeding your

00:41:42.620 dog

00:41:42.900 kibble

00:41:43.260 food

00:41:43.620 and I

00:41:43.960 thought

00:41:44.180 that was

00:41:44.560 fine

00:41:44.960 for a

00:41:45.360 long time

00:41:45.780 but it's

00:41:46.060 not

00:41:46.380 it has

00:41:47.140 to sit

00:41:47.620 on the

00:41:48.060 shelf

00:41:48.380 according to

00:41:48.980 the government

00:41:49.440 for at least

00:41:50.460 two years

00:41:51.480 and nothing

00:41:52.240 happened to

00:41:52.840 it

00:41:53.000 so it's

00:41:53.660 been cooked

00:41:54.160 a lot

00:41:54.460 of the good

00:41:54.840 good stuff

00:41:55.160 is out

00:41:55.620 of it

00:41:55.960 rough

00:41:56.840 greens

00:41:57.300 puts

00:41:57.760 all of

00:41:58.280 the good

00:41:58.540 stuff

00:41:58.840 back

00:41:59.300 into

00:41:59.520 your

00:41:59.700 kibble

00:41:59.960 food

00:42:00.180 it's

00:42:00.300 not

00:42:00.440 a

00:42:00.560 dog

00:42:00.740 food

00:42:00.920 it's

00:42:01.100 a

00:42:01.240 supplement

00:42:01.600 I want

00:42:02.000 you to

00:42:02.140 go to

00:42:02.360 roughgreens.com

00:42:03.280 slash

00:42:03.720 Beck

00:42:04.000 ruffgreens.com

00:42:05.680 slash

00:42:06.040 Beck

00:42:06.260 call

00:42:06.440 833-GLEN33

00:42:07.660 roughgreens.com

00:42:09.260 slash

00:42:09.660 Beck

00:42:09.980 or 833-GLEN33

00:42:13.100 we have

00:42:14.840 Christine

00:42:15.200 Ohman

00:42:15.500 with us

00:42:16.080 in just

00:42:17.120 a minute

00:42:43.100 what you're

00:42:55.260 about to

00:42:55.720 hear

00:42:56.040 is the

00:42:57.420 fusion of

00:42:58.060 entertainment

00:42:58.560 and enlightenment

00:42:59.960 this is

00:43:03.240 the Glenn

00:43:04.080 Beck

00:43:04.320 program

00:43:04.920 hello

00:43:08.180 America

00:43:08.580 we are

00:43:09.980 definitely

00:43:11.340 safe

00:43:11.820 we're not

00:43:12.240 in a

00:43:12.520 banking

00:43:12.820 crisis

00:43:13.300 Joe

00:43:13.940 Biden

00:43:14.240 came out

00:43:14.700 and said

00:43:15.140 and I

00:43:15.800 quote

00:43:16.140 hey

00:43:21.380 little

00:43:21.780 girl

00:43:22.200 you're

00:43:22.740 cute

00:43:23.220 okay

00:43:24.280 so I

00:43:25.140 feel better

00:43:25.640 about it

00:43:26.100 that was

00:43:26.420 his statement

00:43:26.920 something like

00:43:27.580 that this

00:43:28.080 morning

00:43:28.460 however

00:43:29.780 there's

00:43:30.140 something else

00:43:30.660 going on

00:43:31.080 that we

00:43:31.300 talked to

00:43:31.680 you about

00:43:32.100 and that

00:43:32.640 is the

00:43:33.240 UCC

00:43:34.580 revisions

00:43:35.560 you may

00:43:37.420 not know

00:43:37.820 what this

00:43:38.320 is

00:43:38.760 but it's

00:43:39.800 the

00:43:39.960 Uniform

00:43:40.580 Law

00:43:42.020 Commission

00:43:42.640 that

00:43:43.640 has a

00:43:44.640 code

00:43:45.100 on how

00:43:45.740 we're

00:43:45.940 supposed

00:43:46.160 to do

00:43:46.480 business

00:43:46.840 and

00:43:47.040 everything

00:43:47.380 else

00:43:47.760 well

00:43:48.400 they're

00:43:48.640 changing

00:43:49.180 that

00:43:49.500 code

00:43:49.940 and they're

00:43:50.800 asking

00:43:51.080 states

00:43:51.760 to sign

00:43:52.900 on

00:43:53.160 come on

00:43:53.700 pass this

00:43:54.260 legislation

00:43:54.540 hurry

00:43:55.040 don't think

00:43:55.960 and it

00:43:57.240 changes

00:43:57.600 and it

00:43:59.360 makes it

00:44:00.660 so the

00:44:01.060 central bank

00:44:01.820 can have

00:44:02.160 a digital

00:44:02.620 currency

00:44:03.200 but all

00:44:04.740 other

00:44:05.040 digital

00:44:05.540 currency

00:44:06.100 that may

00:44:06.800 have come

00:44:07.240 out

00:44:07.580 you know

00:44:08.160 prior to

00:44:09.300 we can't

00:44:10.680 accept that

00:44:11.200 as money

00:44:11.740 anymore

00:44:12.280 so

00:44:12.840 wait a minute

00:44:14.060 what

00:44:14.420 no don't

00:44:15.280 worry about

00:44:15.680 pass it

00:44:16.200 hurry up

00:44:16.940 well

00:44:18.160 there was

00:44:18.720 a veto

00:44:19.140 that just

00:44:20.000 just happened

00:44:20.920 from Christine

00:44:21.820 Ohm

00:44:22.180 because

00:44:22.680 the

00:44:23.500 the state

00:44:24.700 of South

00:44:25.160 Dakota

00:44:25.620 decided

00:44:26.820 hurry hurry

00:44:27.540 let's pass

00:44:28.400 this

00:44:28.720 and she

00:44:29.020 said

00:44:29.280 not so

00:44:29.800 fast

00:44:30.280 and vetoed

00:44:31.620 she is

00:44:33.440 leading the

00:44:34.080 way

00:44:34.460 there are

00:44:35.780 other states

00:44:36.600 that had

00:44:37.220 this on

00:44:38.080 the right

00:44:38.540 track to

00:44:39.100 get rid

00:44:39.500 of it

00:44:39.760 and the

00:44:40.860 banking

00:44:41.640 community

00:44:42.680 has come

00:44:43.540 out and

00:44:44.100 said

00:44:44.320 you gotta

00:44:45.080 do it

00:44:45.600 don't you

00:44:46.240 realize

00:44:46.660 we could

00:44:47.340 be headed

00:44:47.800 for a

00:44:48.380 crisis

00:44:48.960 oh

00:44:49.860 okay

00:44:50.700 so I'll

00:44:51.860 hurry up

00:44:52.440 and pass

00:44:53.120 that there

00:44:53.920 don't do

00:44:55.340 it

00:44:55.460 Christy

00:44:55.820 Noem is

00:44:56.340 with us

00:44:56.720 here in

00:44:57.060 just a

00:44:57.420 second

00:44:57.700 first

00:44:58.140 if you've

00:44:59.840 had enough

00:45:00.480 you know

00:45:01.200 the

00:45:01.460 you know

00:45:01.860 the Republican

00:45:02.480 slogan was

00:45:03.440 in the

00:45:04.000 1950s

00:45:04.800 had enough

00:45:06.000 yet

00:45:06.360 I think

00:45:07.900 it should

00:45:08.160 be used

00:45:08.580 again

00:45:08.760 had enough

00:45:09.520 yet

00:45:09.880 as an

00:45:11.020 American

00:45:11.460 how you

00:45:11.920 feeling

00:45:12.220 about the

00:45:12.680 mobile

00:45:13.080 companies

00:45:13.580 that rake

00:45:14.140 in hundreds

00:45:14.540 of millions

00:45:15.020 of dollars

00:45:15.380 sometimes

00:45:15.660 billions

00:45:16.200 of dollars

00:45:16.780 all while

00:45:17.660 publicly

00:45:18.220 hating the

00:45:19.320 country that

00:45:19.860 made it

00:45:20.240 possible for

00:45:20.880 them to do

00:45:21.300 what they

00:45:21.560 do in the

00:45:21.920 first place

00:45:22.600 used to be

00:45:24.280 that you

00:45:24.540 just had to

00:45:25.020 put up

00:45:25.340 with that

00:45:25.680 but not

00:45:26.060 anymore

00:45:26.480 because of

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00:45:49.660 most importantly

00:45:50.480 you're doing

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00:45:51.740 company that

00:45:52.240 supports free

00:45:52.920 speech

00:45:53.340 the sanctity

00:45:53.980 of life

00:45:54.480 the second

00:45:55.280 amendment

00:45:55.700 actually likes

00:45:57.020 you

00:45:57.360 doesn't say

00:45:58.380 oh thanks so

00:45:59.260 much for

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00:46:00.000 no they

00:46:02.120 actually like

00:46:02.900 you and

00:46:03.400 they have

00:46:03.760 a 100%

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00:46:05.800 service team

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00:46:07.560 switching really

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00:46:17.440 support

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00:46:21.500 878

00:46:22.620 Patriot

00:46:23.720 Governor

00:46:24.980 Christy

00:46:25.460 Noem

00:46:25.820 hi Christy

00:46:26.720 how are

00:46:27.020 you

00:46:27.240 I'm doing

00:46:28.380 great Glenn

00:46:28.940 how's your

00:46:29.440 morning going

00:46:29.960 well you know

00:46:30.860 a little

00:46:31.420 banking collapse

00:46:32.300 thing but

00:46:32.920 I know

00:46:34.760 you have any

00:46:35.420 I'll tell you

00:46:36.300 what

00:46:36.560 it's a

00:46:37.700 we're in

00:46:38.360 tenuous times

00:46:39.200 here with

00:46:39.960 quite a few

00:46:40.640 different

00:46:41.280 situations

00:46:42.460 threats at the

00:46:43.020 national security

00:46:43.580 level financial

00:46:44.260 level and

00:46:44.940 people's basic

00:46:46.160 freedoms

00:46:46.640 it is

00:46:48.040 it is

00:46:48.940 coming

00:46:49.400 faster and

00:46:50.660 faster

00:46:51.260 every day

00:46:53.200 let's

00:46:55.220 first

00:46:55.820 can we

00:46:56.260 just

00:46:56.440 I've got

00:46:56.880 a lot

00:46:57.060 of things

00:46:57.300 I'd love

00:46:57.580 to talk

00:46:57.920 to you

00:46:58.080 about

00:46:58.260 but let's

00:46:58.940 make sure

00:46:59.280 that we

00:46:59.700 cover this

00:47:00.880 you just

00:47:01.660 vetoed a

00:47:02.680 bill and

00:47:03.300 you don't

00:47:05.080 do that

00:47:05.460 very often

00:47:05.960 do you

00:47:06.340 is veto

00:47:07.100 kind of

00:47:07.440 rare with

00:47:07.780 you

00:47:08.020 it is

00:47:09.520 pretty

00:47:09.720 rare

00:47:10.000 usually

00:47:10.400 I have

00:47:10.840 one or

00:47:11.340 two

00:47:11.580 every

00:47:11.880 legislative

00:47:12.340 session

00:47:12.980 I've

00:47:13.800 had

00:47:14.120 several

00:47:14.480 already

00:47:14.860 this

00:47:15.200 session

00:47:15.620 which is

00:47:16.660 strange

00:47:17.400 I've

00:47:17.780 never

00:47:18.020 had a

00:47:18.460 veto

00:47:18.980 be

00:47:19.260 overridden

00:47:19.920 which means

00:47:20.600 every time

00:47:21.160 I've

00:47:21.460 vetoed a

00:47:22.000 bill

00:47:22.220 the

00:47:22.920 legislature

00:47:23.360 has read

00:47:23.920 my

00:47:24.140 reasons

00:47:24.580 why

00:47:25.040 looked at

00:47:25.520 the

00:47:25.640 policy

00:47:26.060 and

00:47:26.240 agreed

00:47:26.540 with

00:47:26.780 me

00:47:27.040 I'm

00:47:27.640 hopefully

00:47:27.940 well

00:47:28.220 on

00:47:28.380 this

00:47:28.540 bill

00:47:28.760 then

00:47:29.000 too

00:47:29.320 this

00:47:29.880 is

00:47:30.000 a

00:47:30.140 bill

00:47:30.300 that

00:47:30.460 came

00:47:30.740 it was

00:47:31.640 over

00:47:31.860 110

00:47:32.320 pages

00:47:32.860 long

00:47:33.340 it

00:47:33.560 was

00:47:33.920 sold

00:47:34.740 as

00:47:35.180 an

00:47:35.460 update

00:47:35.940 to

00:47:36.180 the

00:47:36.340 UCC

00:47:36.880 the

00:47:37.260 uniform

00:47:37.740 commercial

00:47:38.900 code

00:47:39.700 and

00:47:40.140 something

00:47:40.480 we

00:47:40.680 just

00:47:40.840 needed

00:47:41.020 to

00:47:41.240 adopt

00:47:41.580 to

00:47:41.780 be

00:47:41.900 in

00:47:42.040 federal

00:47:42.280 compliance

00:47:42.860 and

00:47:43.700 you

00:47:44.480 know

00:47:44.580 put

00:47:44.720 a

00:47:44.820 rubber

00:47:45.000 stamp

00:47:45.400 on

00:47:45.560 it

00:47:45.640 was

00:47:45.780 interesting

00:47:46.140 it

00:47:46.300 didn't

00:47:46.460 get

00:47:46.620 introduced

00:47:52.220 overwhelmingly

00:47:52.620 through

00:47:52.960 the

00:47:53.120 House

00:47:53.380 ended

00:47:53.640 up

00:47:53.840 in

00:47:53.960 the

00:47:54.120 Senate

00:47:54.320 and

00:47:54.580 when

00:47:54.740 I

00:47:55.000 started

00:47:55.760 reading

00:47:56.120 it

00:47:56.360 and

00:47:56.460 digging

00:47:56.640 into

00:47:56.960 it

00:47:57.080 with

00:47:57.220 my

00:47:57.400 policy

00:47:57.840 team

00:47:58.280 the

00:47:58.880 Senate

00:47:59.120 was

00:47:59.540 extremely

00:48:00.740 upset

00:48:01.260 that I

00:48:01.600 expressed

00:48:01.960 concerns

00:48:02.680 and

00:48:04.660 why

00:48:05.000 did

00:48:05.220 they

00:48:05.480 why

00:48:05.940 were

00:48:06.100 they

00:48:06.260 upset

00:48:06.700 well

00:48:08.160 I

00:48:08.300 think

00:48:08.500 you

00:48:08.620 know

00:48:08.780 South

00:48:09.320 Dakota

00:48:09.540 is

00:48:09.700 a

00:48:09.820 smaller

00:48:10.100 state

00:48:10.620 they

00:48:11.140 had

00:48:11.380 the

00:48:11.600 same

00:48:12.020 folks

00:48:12.740 up

00:48:12.940 in

00:48:13.080 committee

00:48:13.440 testifying

00:48:14.200 from

00:48:14.460 the

00:48:14.620 banking

00:48:14.920 association

00:48:15.660 from

00:48:16.000 financial

00:48:16.460 institutions

00:48:17.080 South

00:48:17.360 Dakota

00:48:17.640 is

00:48:17.880 the

00:48:18.860 best

00:48:19.100 state

00:48:19.260 in

00:48:19.340 the

00:48:21.500 country

00:48:21.740 to

00:48:21.880 have

00:48:22.240 a

00:48:23.360 third

00:48:23.840 largest

00:48:24.200 industry

00:48:24.700 here

00:48:25.020 so

00:48:26.080 they

00:48:26.340 are

00:48:27.060 used

00:48:27.340 to

00:48:27.500 seeing

00:48:27.720 the

00:48:27.860 same

00:48:28.040 familiar

00:48:28.380 faces

00:48:28.780 come

00:48:29.080 up

00:48:29.260 and

00:48:29.420 sell

00:48:29.600 policy

00:48:30.120 the

00:48:30.340 interesting

00:48:30.740 thing

00:48:30.980 about

00:48:31.180 this

00:48:31.440 bill

00:48:31.720 is

00:48:31.980 that

00:48:32.160 it

00:48:32.260 has

00:48:32.480 a

00:48:32.620 section

00:48:32.960 in

00:48:33.180 it

00:48:33.400 buried

00:48:34.660 in

00:48:34.860 the

00:48:34.980 bill

00:48:35.180 that

00:48:35.340 talks

00:48:35.660 about

00:48:35.940 the

00:48:36.160 definition

00:48:36.580 of

00:48:36.820 money

00:48:37.140 and

00:48:37.440 it

00:48:37.580 specifically

00:48:38.100 says

00:48:38.620 that

00:48:38.880 CBDCs

00:48:40.000 are

00:48:40.800 allowed

00:48:41.240 in

00:48:41.600 the

00:48:41.700 future

00:48:41.960 when

00:48:42.120 it

00:48:42.220 comes

00:48:42.380 to

00:48:42.520 digital

00:48:42.820 currency

00:48:43.360 but

00:48:43.680 any

00:48:43.960 former

00:48:44.540 definition

00:48:46.400 of

00:48:46.780 digital

00:48:47.100 currency

00:48:47.620 would

00:48:48.020 be

00:48:48.920 allowed

00:48:49.340 to

00:48:49.740 be

00:48:49.940 discontinued

00:48:50.660 or

00:48:50.820 not

00:48:51.040 recognized

00:48:51.560 it

00:48:52.060 specifically

00:48:52.640 is

00:48:52.900 paving

00:48:53.180 the

00:48:53.400 way

00:48:53.600 for

00:48:53.820 government

00:48:54.660 controlled

00:48:55.140 digital

00:48:55.520 currency

00:48:56.060 should

00:48:56.380 that

00:48:56.600 be

00:48:56.780 adopted

00:48:57.220 and

00:48:57.800 should

00:48:58.340 be

00:48:58.480 alarming

00:48:58.780 to

00:48:59.000 every

00:48:59.220 American

00:48:59.700 after

00:49:00.360 what

00:49:00.520 we've

00:49:00.700 seen

00:49:00.820 the

00:49:00.960 last

00:49:01.140 several

00:49:01.380 years

00:49:01.700 with

00:49:01.900 the

00:49:02.020 federal

00:49:02.200 government

00:49:02.580 being

00:49:03.600 willing

00:49:04.000 to

00:49:04.880 trample

00:49:06.320 on

00:49:06.480 people's

00:49:06.840 freedoms

00:49:07.280 to

00:49:07.660 control

00:49:08.380 them

00:49:08.820 I

00:49:09.460 would

00:49:09.620 think

00:49:09.900 them

00:49:10.620 coming

00:49:11.080 out

00:49:11.360 with

00:49:11.600 a

00:49:11.740 definition

00:49:12.100 of

00:49:12.320 money

00:49:12.500 that

00:49:12.660 allows

00:49:12.920 them

00:49:13.080 to

00:49:13.260 control

00:49:13.600 your

00:49:13.840 assets

00:49:14.320 would

00:49:14.520 be

00:49:14.640 extremely

00:49:15.040 concerning

00:49:15.580 so

00:49:16.000 I

00:49:16.940 vetoed

00:49:17.560 the

00:49:17.660 bill

00:49:17.840 I'm

00:49:18.120 hopeful

00:49:18.360 that

00:49:18.640 the

00:49:19.060 legislature

00:49:19.360 will

00:49:19.700 agree

00:49:19.980 with

00:49:20.220 me

00:49:20.460 and

00:49:20.800 they'll

00:49:21.000 become

00:49:21.320 educated

00:49:21.780 on

00:49:22.020 the

00:49:22.240 actual

00:49:22.540 policy

00:49:23.060 that's

00:49:23.760 wrapped

00:49:24.100 up

00:49:24.340 inside

00:49:24.680 of it

00:49:24.940 and

00:49:25.080 really

00:49:25.820 understand

00:49:26.360 that

00:49:26.640 it's

00:49:27.180 a

00:49:27.320 threat

00:49:27.580 to

00:49:27.760 the

00:49:27.880 American

00:49:28.180 dream

00:49:28.580 when

00:49:29.260 will

00:49:29.460 that

00:49:29.660 go

00:49:29.820 back

00:49:30.320 to

00:49:31.640 the

00:49:31.820 legislature

00:49:32.360 we

00:49:33.560 go

00:49:33.740 back

00:49:34.060 into

00:49:34.280 legislative

00:49:34.760 session

00:49:35.320 in

00:49:35.840 a little

00:49:36.140 less

00:49:36.420 than

00:49:36.580 two

00:49:36.780 weeks

00:49:37.120 for

00:49:37.320 one

00:49:37.620 day

00:49:37.860 it's

00:49:38.080 called

00:49:38.260 veto

00:49:38.580 day

00:49:38.820 and

00:49:38.940 that's

00:49:39.180 when

00:49:44.520 to

00:49:44.820 sustain

00:49:45.260 them

00:49:45.540 agree

00:49:45.880 with

00:49:46.120 the

00:49:46.260 veto

00:49:46.500 and

00:49:46.860 the

00:49:47.020 bill

00:49:47.160 would

00:49:47.340 go

00:49:47.520 away

00:49:47.800 or

00:49:48.060 they

00:49:48.280 would

00:49:48.500 override

00:49:49.040 me

00:49:49.380 I

00:49:50.060 can

00:49:50.200 do

00:49:50.320 style

00:49:50.640 and

00:49:50.820 form

00:49:51.120 vetoes

00:49:51.700 as

00:49:51.920 well

00:49:52.260 and

00:49:52.620 I

00:49:52.760 also

00:49:52.980 have

00:49:53.200 the

00:49:53.340 budget

00:49:53.560 yet

00:49:53.840 that

00:49:54.000 I

00:49:54.140 have

00:49:54.320 to

00:49:54.440 look

00:49:54.620 at

00:49:54.760 and

00:49:54.880 decide

00:49:55.220 if

00:49:55.400 that's

00:49:55.600 going

00:49:55.740 to

00:49:55.820 be

00:49:55.920 something

00:49:56.200 that'll

00:49:56.460 move

00:49:56.620 forward

00:49:56.920 so

00:49:57.300 you

00:49:58.180 need

00:49:58.980 people

00:49:59.300 to

00:49:59.520 call

00:49:59.760 in

00:49:59.880 a

00:49:59.980 couple

00:50:00.180 of

00:50:00.340 weeks

00:50:00.600 or

00:50:00.900 should

00:50:01.140 they

00:50:01.260 call

00:50:01.500 now

00:50:02.020 I

00:50:02.340 need

00:50:02.540 them

00:50:02.680 to

00:50:02.840 start

00:50:03.100 calling

00:50:14.520 you

00:50:14.880 know

00:50:15.020 did

00:50:15.280 not

00:50:15.500 really

00:50:15.800 understand

00:50:16.560 the

00:50:16.980 threat

00:50:17.220 that

00:50:17.380 we're

00:50:17.540 seeing

00:50:17.840 especially

00:50:18.200 now

00:50:18.500 with

00:50:18.720 the

00:50:18.920 financial

00:50:19.780 crisis

00:50:20.560 we

00:50:20.820 see

00:50:21.220 going

00:50:21.460 on

00:50:21.660 and

00:50:21.760 then

00:50:21.880 also

00:50:22.140 we

00:50:22.300 saw

00:50:22.440 the

00:50:22.560 credit

00:50:22.720 card

00:50:22.920 companies

00:50:23.280 recently

00:50:23.640 come

00:50:23.920 out

00:50:24.060 and

00:50:24.180 say

00:50:24.300 they're

00:50:24.460 going

00:50:24.560 to

00:50:24.620 start

00:50:24.780 coding

00:50:25.180 gun

00:50:26.000 purchases

00:50:26.520 separately

00:50:27.340 and

00:50:27.580 tracking

00:50:28.040 them

00:50:28.480 for

00:50:29.060 me

00:50:29.220 it's

00:50:29.400 a

00:50:29.520 direct

00:50:29.880 tie

00:50:30.300 to

00:50:30.540 the

00:50:30.880 federal

00:50:31.480 government

00:50:31.900 saying

00:50:32.420 that

00:50:32.640 if

00:50:32.780 we

00:50:32.880 don't

00:50:33.020 like

00:50:33.240 what

00:50:33.400 you're

00:50:33.540 purchasing

00:50:33.940 well

00:50:34.300 then

00:50:34.540 if

00:50:34.740 you're

00:50:34.980 using

00:50:35.300 digital

00:50:35.660 currency

00:50:44.520 it is

00:50:45.420 something

00:50:45.720 that

00:50:46.040 is

00:50:46.260 you

00:50:47.160 know

00:50:47.260 everything

00:50:47.520 I

00:50:47.700 look

00:50:47.880 at

00:50:48.040 is

00:50:48.280 setting

00:50:48.980 precedent

00:50:49.420 for

00:50:49.680 the

00:50:49.820 future

00:50:50.200 and

00:50:50.620 this

00:50:50.920 is

00:50:51.100 paving

00:50:51.440 the

00:50:51.640 way

00:50:51.860 for

00:50:52.080 federal

00:50:52.440 government

00:50:52.940 control

00:50:53.420 over

00:50:53.640 people's

00:50:54.060 personal

00:50:54.360 dollars

00:50:54.760 and

00:50:54.940 assets

00:50:55.360 so

00:50:56.100 just

00:50:56.680 call

00:50:57.280 your

00:50:57.480 state

00:50:57.740 house

00:50:57.940 if

00:50:58.120 you

00:50:58.200 happen

00:50:58.380 to be

00:50:58.580 in

00:50:58.760 South

00:50:58.960 Dakota

00:50:59.240 call

00:50:59.460 your

00:50:59.620 state

00:50:59.820 house

00:50:59.980 I

00:51:00.120 will

00:51:00.260 tell

00:51:00.500 you

00:51:00.720 that

00:51:01.140 what

00:51:02.720 Christy

00:51:03.220 has

00:51:03.420 done

00:51:03.680 here

00:51:03.940 is

00:51:04.240 extraordinarily

00:51:04.840 brave

00:51:05.620 she

00:51:06.260 is

00:51:06.540 standing

00:51:07.140 up

00:51:07.540 against

00:51:08.000 a

00:51:08.300 very

00:51:09.080 powerful

00:51:10.080 industry

00:51:10.640 as

00:51:10.940 you

00:51:11.080 know

00:51:11.380 today

00:51:11.940 more

00:51:13.060 definitely

00:51:14.480 not

00:51:14.840 bailouts

00:51:15.520 happening

00:51:16.440 through

00:51:17.260 the

00:51:17.480 Fed

00:51:17.780 today

00:51:19.080 they're

00:51:19.440 very

00:51:19.900 very

00:51:20.220 powerful

00:51:20.740 and

00:51:21.380 a lot

00:51:22.220 of

00:51:22.360 these

00:51:22.820 legislators

00:51:23.760 and

00:51:24.120 senators

00:51:24.560 listen

00:51:25.560 to

00:51:25.840 these

00:51:26.140 guys

00:51:26.480 and

00:51:26.720 trust

00:51:27.000 them

00:51:27.280 and

00:51:28.120 you

00:51:29.100 really

00:51:29.640 need

00:51:29.980 to

00:51:30.160 speak

00:51:30.460 out

00:51:30.800 and

00:51:31.100 let

00:51:31.340 them

00:51:31.580 know

00:51:31.940 you

00:51:32.360 are

00:51:32.540 not

00:51:32.960 for

00:51:33.340 anything

00:51:33.960 that

00:51:34.720 paves

00:51:35.140 the

00:51:35.320 way

00:51:35.620 for

00:51:35.880 a

00:51:36.040 central

00:51:36.300 bank

00:51:36.600 digital

00:51:37.100 currency

00:51:37.680 when

00:51:38.440 especially

00:51:38.940 when

00:51:39.280 that's

00:51:39.660 the only

00:51:40.040 thing

00:51:40.300 defined

00:51:40.700 as

00:51:40.900 money

00:51:41.200 very

00:51:42.120 bad

00:51:42.500 Glenn

00:51:43.820 specifically

00:51:44.780 this

00:51:45.120 bill

00:51:45.500 is

00:51:45.760 being

00:51:45.960 proposed

00:51:46.340 in

00:51:46.560 many

00:51:46.760 other

00:51:46.980 states

00:51:47.360 I

00:51:47.520 think

00:51:47.680 there's

00:51:47.900 probably

00:51:48.200 20

00:51:48.540 other

00:51:48.800 states

00:51:49.120 that are

00:51:49.340 talking

00:51:49.620 about

00:51:49.880 this

00:51:50.060 policy

00:51:50.520 so

00:51:50.780 even

00:51:50.960 the

00:51:51.140 more

00:51:51.320 that

00:51:51.500 people

00:51:51.760 pay

00:51:51.980 attention

00:51:52.440 and

00:51:53.300 bring

00:51:53.460 awareness

00:51:53.860 to

00:51:54.200 it

00:51:54.380 we

00:51:54.560 need

00:51:54.720 to

00:51:54.820 educate

00:51:55.060 people

00:51:55.360 in

00:51:55.500 other

00:51:55.700 states

00:51:56.080 too

00:51:56.300 I

00:51:56.520 think

00:51:56.680 that's

00:51:56.900 one

00:51:57.020 of

00:51:57.100 the

00:51:57.200 main

00:51:57.800 reasons

00:51:58.140 for

00:51:58.340 chatting

00:51:58.620 with

00:51:58.820 you

00:51:59.000 today

00:51:59.280 too

00:51:59.520 is

00:51:59.660 to

00:51:59.800 let

00:51:59.920 my

00:52:00.120 people

00:52:00.400 in

00:52:00.520 the

00:52:00.640 state

00:52:00.820 know

00:52:01.000 what's

00:52:01.520 going

00:52:01.700 on

00:52:02.000 but

00:52:02.500 also

00:52:02.960 we're

00:52:03.520 the

00:52:03.680 first

00:52:04.160 legislative

00:52:04.740 session

00:52:05.160 to

00:52:05.680 complete

00:52:06.140 its

00:52:06.360 work

00:52:06.700 in

00:52:07.040 the

00:52:07.160 year

00:52:07.460 and

00:52:08.240 we're

00:52:08.480 always

00:52:08.700 the

00:52:08.900 first

00:52:09.140 ones

00:52:09.460 to

00:52:09.640 deal

00:52:10.200 with

00:52:10.420 these

00:52:10.640 kinds

00:52:10.960 of

00:52:11.140 bills

00:52:11.420 and

00:52:11.640 have

00:52:11.880 to

00:52:12.580 veto

00:52:12.880 them

00:52:13.300 or sign

00:52:13.720 them

00:52:13.860 into

00:52:14.080 law

00:52:14.440 if

00:52:14.620 people

00:52:14.860 can

00:52:15.060 pass

00:52:15.340 them

00:52:15.460 in

00:52:15.600 South

00:52:15.780 Dakota

00:52:16.040 they

00:52:16.240 know

00:52:16.500 that

00:52:16.700 makes

00:52:16.920 it

00:52:17.040 easier

00:52:17.380 in

00:52:17.540 other

00:52:17.720 states

00:52:18.180 so

00:52:19.080 we're

00:52:19.280 often

00:52:19.500 the

00:52:19.700 battleground

00:52:20.200 here

00:52:20.460 and

00:52:21.280 we

00:52:21.920 did

00:52:22.120 make

00:52:29.920 really

00:52:30.320 thinking

00:52:30.640 about

00:52:30.920 the

00:52:31.060 consequences

00:52:31.440 well

00:52:31.700 I

00:52:31.880 got a

00:52:32.160 phone

00:52:32.380 call

00:52:32.820 I

00:52:33.120 think

00:52:33.280 it

00:52:33.440 was

00:52:33.740 maybe

00:52:34.100 it

00:52:34.220 was

00:52:34.320 Friday

00:52:34.760 I

00:52:35.780 said

00:52:35.980 I've

00:52:36.140 got

00:52:36.260 good

00:52:36.420 news

00:52:36.580 and

00:52:36.700 bad

00:52:36.900 news

00:52:37.200 and

00:52:37.360 I

00:52:37.460 said

00:52:37.600 yeah

00:52:37.780 and

00:52:37.920 they

00:52:38.060 said

00:52:38.300 the

00:52:38.500 UCC

00:52:38.980 bill

00:52:39.580 in

00:52:39.940 every

00:52:40.380 state

00:52:40.920 is

00:52:42.100 dead

00:52:43.040 and

00:52:43.520 I

00:52:43.820 thought

00:52:44.360 that

00:52:44.520 was

00:52:44.680 the

00:52:44.800 good

00:52:44.940 news

00:52:45.200 and

00:52:45.340 he

00:52:45.440 said

00:52:45.560 no

00:52:45.840 no

00:52:45.980 no

00:52:46.140 I

00:52:46.600 mean

00:52:46.920 that

00:52:47.820 all

00:52:48.300 of

00:52:48.520 the

00:52:48.780 advances

00:52:49.300 we

00:52:49.640 had

00:52:49.860 made

00:52:50.320 last

00:52:51.880 week

00:52:52.300 the

00:52:52.900 banking

00:52:53.900 committees

00:52:55.260 and

00:52:55.480 all

00:52:59.920 these

00:53:00.380 state

00:53:00.860 houses

00:53:01.220 and

00:53:02.220 talked

00:53:03.400 to

00:53:03.540 all

00:53:03.760 of

00:53:03.880 these

00:53:04.100 guys

00:53:04.500 out

00:53:05.020 of

00:53:05.540 stopping

00:53:06.100 this

00:53:06.420 in

00:53:06.540 their

00:53:06.660 state

00:53:06.980 so

00:53:07.300 I

00:53:08.060 said

00:53:08.220 what's

00:53:08.460 the

00:53:08.600 good

00:53:08.760 news

00:53:09.100 Kristi

00:53:10.400 Noem

00:53:10.720 she

00:53:11.320 vetoed

00:53:12.140 so

00:53:12.940 you

00:53:13.180 were

00:53:13.340 the

00:53:13.500 only

00:53:13.760 bright

00:53:14.180 spot

00:53:14.600 there

00:53:14.940 and

00:53:15.100 I

00:53:15.220 thank

00:53:15.420 you

00:53:15.540 for

00:53:15.660 that

00:53:15.880 but

00:53:16.280 you

00:53:16.520 have

00:53:16.980 to

00:53:17.180 call

00:53:17.460 your

00:53:17.680 state

00:53:17.960 legislature

00:53:18.520 and

00:53:18.960 say

00:53:19.300 no

00:53:20.360 on

00:53:20.780 the

00:53:20.960 uniform

00:53:21.400 commercial

00:53:22.040 code

00:53:22.500 changes

00:53:23.060 no

00:53:24.000 absolutely

00:53:24.700 not

00:53:25.400 it

00:53:25.780 it

00:53:26.120 is

00:53:26.640 the

00:53:27.680 authoritarian

00:53:28.440 tool

00:53:29.360 that

00:53:29.940 is

00:53:30.080 required

00:53:30.460 to

00:53:30.700 control

00:53:31.120 absolutely

00:53:31.860 everything

00:53:32.540 in your

00:53:33.140 life

00:53:33.800 well

00:53:34.980 Glenn

00:53:35.120 the

00:53:35.240 one

00:53:35.420 thing

00:53:35.600 that

00:53:35.740 people

00:53:35.920 should

00:53:36.140 know

00:53:36.320 too

00:53:36.520 is

00:53:36.660 that

00:53:36.780 there's

00:53:36.960 no

00:53:37.100 rush

00:53:37.360 on

00:53:37.540 this

00:53:37.820 it

00:53:38.560 doesn't

00:53:38.840 get

00:53:38.980 enacted

00:53:39.340 until

00:53:39.680 2024

00:53:40.340 so

00:53:41.140 a lot

00:53:41.640 of

00:53:41.780 what

00:53:41.980 their

00:53:42.160 testimony

00:53:42.600 was

00:53:43.060 is

00:53:43.240 we

00:53:43.360 need

00:53:43.520 to

00:53:43.640 hurry

00:53:43.820 up

00:53:43.980 and

00:53:44.100 adopt

00:53:44.420 this

00:53:44.820 it's

00:53:45.900 fine

00:53:46.200 don't

00:53:46.480 worry

00:53:46.740 about

00:53:47.000 it

00:53:47.160 but

00:53:47.300 there's

00:53:47.560 no

00:53:47.720 rush

00:53:48.140 we

00:53:48.760 should

00:53:48.920 have

00:53:49.080 a

00:53:49.200 full

00:53:49.380 debate

00:53:49.720 on

00:53:49.880 the

00:53:50.000 policy

00:53:50.420 if

00:53:50.640 people

00:53:50.980 have

00:53:51.680 concerns

00:53:52.160 we

00:53:52.340 should

00:53:52.520 be

00:53:52.680 able

00:53:52.820 to

00:53:52.980 talk

00:53:53.200 about

00:53:53.440 them

00:53:53.760 and

00:53:54.160 if

00:53:54.900 they

00:53:55.060 don't

00:53:55.540 they

00:53:55.880 should

00:53:56.120 we

00:53:56.500 should

00:53:56.620 give

00:53:56.760 them

00:53:56.900 time

00:53:57.100 to be

00:53:57.360 educated

00:53:57.760 make

00:53:58.040 wise

00:53:58.740 decisions

00:53:59.260 especially

00:53:59.660 in light

00:53:59.980 of what

00:54:00.160 we've

00:54:00.320 been

00:54:00.460 through

00:54:00.640 the last

00:54:01.000 several

00:54:01.240 years

00:54:01.580 so

00:54:02.540 I

00:54:03.440 am

00:54:03.660 back

00:54:04.120 to

00:54:05.680 the

00:54:05.860 same

00:54:06.060 place

00:54:06.340 I

00:54:06.480 was

00:54:06.720 in

00:54:06.900 2008

00:54:07.640 nobody

00:54:09.580 is

00:54:09.940 prepared

00:54:10.440 for

00:54:11.220 what's

00:54:11.700 coming

00:54:12.280 nobody

00:54:13.160 is

00:54:13.500 prepared

00:54:13.840 for

00:54:14.080 what's

00:54:14.320 coming

00:54:14.560 we

00:54:14.800 are

00:54:14.960 going

00:54:15.140 to

00:54:15.280 see

00:54:15.540 a

00:54:15.900 crash

00:54:16.500 of

00:54:16.940 biblical

00:54:17.440 proportions

00:54:18.100 and

00:54:19.620 all

00:54:19.920 the

00:54:20.100 things

00:54:20.380 they

00:54:20.560 said

00:54:20.820 in

00:54:20.980 2008

00:54:21.620 it'll

00:54:21.920 shut

00:54:22.180 down

00:54:22.440 the

00:54:22.600 global

00:54:22.920 economy

00:54:23.420 and

00:54:23.560 everything

00:54:23.780 else

00:54:24.060 is

00:54:24.740 on

00:54:24.920 our

00:54:25.100 horizon

00:54:25.520 at

00:54:25.740 some

00:54:26.060 point

00:54:26.520 it

00:54:26.740 has

00:54:27.020 to

00:54:27.260 we

00:54:27.640 we

00:54:28.200 just

00:54:28.500 can't

00:54:28.780 get

00:54:28.920 out

00:54:29.140 of

00:54:29.300 this

00:54:29.540 trap

00:54:29.900 we're

00:54:30.120 in

00:54:30.300 now

00:54:30.540 and

00:54:32.200 we

00:54:32.620 have

00:54:33.140 definitely

00:54:34.000 not a

00:54:34.520 tarp

00:54:34.900 bailout

00:54:35.500 but

00:54:35.720 the

00:54:36.520 Fed

00:54:36.820 is

00:54:37.020 covering

00:54:37.400 everything

00:54:38.000 and

00:54:38.560 the

00:54:38.700 Treasury

00:54:39.040 is

00:54:39.300 guaranteeing

00:54:40.020 everything

00:54:40.380 for

00:54:40.620 these

00:54:40.820 banks

00:54:41.140 that

00:54:41.300 went

00:54:41.440 under

00:54:41.700 there

00:54:42.600 are

00:54:42.760 people

00:54:43.020 that

00:54:43.260 say

00:54:43.660 absolutely

00:54:44.640 not

00:54:45.300 we

00:54:45.680 cannot

00:54:46.080 do

00:54:46.420 this

00:54:46.820 others

00:54:47.540 are

00:54:47.780 saying

00:54:48.220 again

00:54:48.720 the

00:54:48.940 same

00:54:49.120 thing

00:54:49.320 they

00:54:49.480 said

00:54:49.800 before

00:54:50.260 we

00:54:50.900 have

00:54:51.240 to

00:54:51.520 or

00:54:51.940 this

00:54:52.580 chapter

00:54:53.060 is

00:54:53.340 over

00:54:53.660 do

00:54:54.720 you

00:54:54.820 have

00:54:54.980 any

00:54:55.140 thoughts

00:54:55.440 on

00:54:55.660 this

00:54:55.940 well

00:54:58.900 listen

00:55:00.120 I'm

00:55:00.640 much

00:55:01.060 more

00:55:01.400 focused

00:55:02.160 constantly

00:55:02.740 on

00:55:03.260 problem

00:55:03.920 solving

00:55:04.320 and

00:55:04.560 making

00:55:05.380 the

00:55:05.660 best

00:55:05.900 and

00:55:06.060 wise

00:55:06.280 decisions

00:55:06.740 looking

00:55:07.100 into

00:55:07.740 the

00:55:07.920 future

00:55:08.220 so

00:55:08.500 I

00:55:08.700 do

00:55:08.900 think

00:55:09.220 we

00:55:09.500 have

00:55:09.820 economic

00:55:11.060 financial

00:55:12.360 crisis

00:55:12.820 coming

00:55:13.180 our

00:55:13.440 direction

00:55:13.920 my job

00:55:14.920 is to

00:55:15.180 protect

00:55:15.420 my

00:55:15.600 state

00:55:15.840 as

00:55:16.000 much

00:55:16.220 as

00:55:16.380 possible

00:55:16.820 so

00:55:17.140 we

00:55:17.340 have

00:55:17.520 an

00:55:17.740 extensive

00:55:18.640 briefing

00:55:19.020 that will

00:55:19.300 happen

00:55:19.540 this

00:55:19.860 week

00:55:20.100 with

00:55:20.300 all

00:55:20.480 of

00:55:20.600 our

00:55:20.740 banks

00:55:20.980 and

00:55:21.120 institutions

00:55:21.600 gathering

00:55:22.060 as

00:55:22.280 much

00:55:22.500 information

00:55:22.960 as

00:55:23.180 we

00:55:23.300 possibly

00:55:23.720 can

00:55:24.080 I

00:55:24.320 think

00:55:24.560 that

00:55:24.820 if

00:55:25.260 anybody

00:55:25.600 is

00:55:25.800 looking

00:55:26.000 to

00:55:26.200 the

00:55:26.340 federal

00:55:26.520 government

00:55:26.900 to

00:55:27.140 help

00:55:27.300 secure

00:55:27.680 their

00:55:27.880 future

00:55:28.220 they

00:55:28.440 should

00:55:28.720 stop

00:55:29.140 ruling

00:55:29.440 themselves

00:55:29.860 right

00:55:30.160 now

00:55:30.440 any

00:55:31.240 kind

00:55:31.520 of

00:55:31.700 bailout

00:55:32.240 anything

00:55:32.640 that

00:55:32.900 this

00:55:33.080 federal

00:55:33.320 government

00:55:33.620 is

00:55:33.760 going

00:55:33.900 to

00:55:33.980 do

00:55:34.160 is

00:55:34.320 not

00:55:34.600 going

00:55:34.820 to

00:55:34.980 shore

00:55:35.220 up

00:55:35.520 your

00:55:36.100 life

00:55:36.580 your

00:55:36.800 livelihood

00:55:37.400 your

00:55:37.780 finances

00:55:38.340 or

00:55:38.640 your

00:55:38.820 family

00:55:39.240 it is

00:55:39.640 time

00:55:39.860 for

00:55:40.100 people

00:55:40.420 to

00:55:40.600 start

00:55:40.900 taking

00:55:43.420 taking

00:55:43.440 personal

00:55:43.840 responsibility

00:55:44.520 for

00:55:44.780 themselves

00:55:45.360 and

00:55:46.300 their

00:55:46.480 neighbors

00:55:46.920 and

00:55:47.260 churches

00:55:47.620 to

00:55:47.900 start

00:55:48.120 getting

00:55:48.400 engaged

00:55:48.880 and

00:55:49.140 involved

00:55:49.580 people

00:55:50.400 don't

00:55:50.680 have

00:55:50.900 to

00:55:51.060 feel

00:55:51.400 like

00:55:52.760 they've

00:55:53.060 lost

00:55:53.300 their

00:55:53.520 foundation

00:55:54.080 it's

00:55:54.540 just

00:55:54.680 we

00:55:54.820 put

00:55:55.060 it

00:55:55.160 on

00:55:55.260 the

00:55:55.380 wrong

00:55:55.620 thing

00:55:55.960 everybody

00:55:56.300 has

00:55:56.540 been

00:55:56.660 looking

00:55:56.880 for

00:55:57.100 the

00:55:57.240 government

00:55:57.560 for

00:55:57.800 all

00:55:57.940 the

00:55:58.100 solutions

00:55:58.540 and

00:55:58.940 that

00:55:59.140 is

00:55:59.300 how

00:55:59.440 this

00:55:59.680 world

00:55:59.960 has

00:56:00.160 got

00:56:00.320 tipped

00:56:00.600 on

00:56:00.800 its

00:56:01.000 ear

00:56:01.220 and

00:56:02.000 why

00:56:02.180 we're

00:56:02.360 so

00:56:02.560 unstable

00:56:02.980 right

00:56:03.260 now

00:56:03.500 so

00:56:03.840 yes

00:56:04.440 people

00:56:04.740 should

00:56:05.000 be

00:56:05.180 wise

00:56:05.640 and

00:56:05.920 plan

00:56:06.200 for

00:56:06.380 the

00:56:06.560 future

00:56:06.880 and

00:56:07.120 start

00:56:07.320 looking

00:56:07.620 for

00:56:07.820 a

00:56:07.920 better

00:56:08.080 place

00:56:08.500 for

00:56:08.760 their

00:56:09.660 foundation

00:56:10.200 rather

00:56:10.520 than

00:56:10.740 this

00:56:10.940 government

00:56:11.260 because

00:56:11.540 this

00:56:11.720 government

00:56:12.000 is

00:56:12.240 only

00:56:12.580 coming

00:56:12.960 to

00:56:13.180 steal

00:56:13.420 your

00:56:13.600 future

00:56:14.000 last

00:56:16.140 couple

00:56:16.740 of

00:56:16.900 things

00:56:17.140 one

00:56:17.500 our

00:56:18.860 treasury

00:56:19.280 secretary

00:56:19.740 was

00:56:20.300 was

00:56:20.780 over

00:56:20.960 in

00:56:21.200 Ukraine

00:56:21.580 I

00:56:21.860 think

00:56:21.960 it

00:56:22.040 was

00:56:22.140 last

00:56:22.440 week

00:56:22.660 wasn't

00:56:22.960 it

00:56:23.120 what

00:56:24.080 are

00:56:24.160 we

00:56:24.260 doing

00:56:24.460 in

00:56:24.640 Ukraine

00:56:24.940 yeah

00:56:25.280 what

00:56:25.880 is

00:56:26.080 happening

00:56:26.420 why

00:56:27.680 is

00:56:28.000 Hillary

00:56:28.240 Clinton

00:56:28.500 over

00:56:28.720 there

00:56:28.880 today

00:56:29.160 what

00:56:29.400 is

00:56:30.280 this

00:56:30.640 we

00:56:32.220 sent

00:56:32.480 more

00:56:32.640 money

00:56:32.860 there

00:56:33.140 than

00:56:33.360 we

00:56:33.560 have

00:56:33.780 securing

00:56:34.200 our

00:56:34.400 border

00:56:34.600 for

00:56:34.820 the

00:56:34.940 last

00:56:35.220 five

00:56:35.580 years

00:56:35.980 and

00:56:36.460 it

00:56:36.720 is

00:56:36.900 a

00:56:37.060 corrupt

00:56:37.600 regime

00:56:38.160 just

00:56:38.540 the

00:56:38.740 history

00:56:39.100 of

00:56:39.400 Ukraine

00:56:40.100 is

00:56:40.720 that

00:56:41.800 you

00:56:42.860 know

00:56:43.040 we

00:56:43.460 can't

00:56:43.780 be

00:56:43.940 certain

00:56:44.240 of

00:56:44.420 how

00:56:44.620 they're

00:56:44.840 spending

00:56:45.160 all

00:56:45.360 these

00:56:45.540 dollars

00:56:45.860 that

00:56:46.080 we

00:56:46.200 sending

00:56:46.560 them

00:56:46.840 and

00:56:47.040 their

00:56:47.260 track

00:56:48.300 record

00:56:48.660 is

00:56:48.880 not

00:56:49.120 great

00:56:49.740 so

00:56:50.240 I

00:56:50.600 understand

00:56:51.200 pushing

00:56:52.220 back

00:56:52.580 on

00:56:52.820 Russia

00:56:53.220 we're

00:56:53.580 just

00:56:53.900 and

00:56:54.460 using

00:56:54.800 financial

00:56:55.480 sanctions

00:56:56.060 certainly

00:56:56.600 is a

00:56:57.100 helpful

00:56:57.380 tool

00:56:57.820 although

00:56:58.100 we've

00:56:58.420 relied

00:56:58.660 on it

00:56:58.980 too

00:57:02.640 the

00:57:04.020 last

00:57:04.260 couple

00:57:04.500 of

00:57:04.660 years

00:57:04.860 when

00:57:05.040 it

00:57:05.160 comes

00:57:05.380 to

00:57:05.580 Europe

00:57:05.840 and

00:57:06.140 so

00:57:06.720 I

00:57:06.980 do

00:57:07.420 believe

00:57:07.780 that

00:57:08.060 it

00:57:08.540 is

00:57:08.720 time

00:57:09.080 for

00:57:10.020 us

00:57:10.200 to

00:57:10.320 wake

00:57:10.540 up

00:57:10.780 and

00:57:11.360 understand

00:57:12.180 that

00:57:12.640 Ukraine

00:57:13.100 has

00:57:13.460 some

00:57:13.660 issues

00:57:14.020 we

00:57:14.660 need

00:57:14.860 to

00:57:15.000 put

00:57:15.240 America

00:57:15.740 first

00:57:16.100 again

00:57:16.460 and

00:57:16.920 start

00:57:17.340 focusing

00:57:18.100 on

00:57:18.720 what

00:57:18.960 we

00:57:19.140 do

00:57:19.380 and

00:57:19.560 that

00:57:19.720 it

00:57:19.820 shouldn't

00:57:20.040 be

00:57:20.160 to

00:57:20.280 the

00:57:20.420 detriment

00:57:20.720 of

00:57:20.920 the

00:57:21.020 American

00:57:21.300 people

00:57:21.760 I

00:57:23.340 don't

00:57:23.500 know

00:57:23.640 what

00:57:23.760 the

00:57:23.880 plan

00:57:24.120 is

00:57:24.300 we've

00:57:24.520 never

00:57:24.700 had

00:57:24.900 this

00:57:25.080 president

00:57:25.400 articulate

00:57:25.880 a

00:57:26.160 plan

00:57:26.420 for

00:57:32.640 we're

00:57:33.280 talking

00:57:33.500 to

00:57:33.640 Governor

00:57:33.880 Kristi

00:57:34.300 Noem

00:57:34.520 last

00:57:34.960 thing

00:57:35.520 are

00:57:36.180 you

00:57:36.620 at

00:57:37.000 all

00:57:37.260 considering

00:57:37.980 throwing

00:57:38.500 your

00:57:38.680 hat

00:57:38.900 into

00:57:39.140 the

00:57:39.300 ring

00:57:39.540 for

00:57:39.880 2024

00:57:41.080 no

00:57:42.760 I'm

00:57:42.940 focused

00:57:43.260 here

00:57:43.600 right

00:57:43.920 now

00:57:44.120 Glenn

00:57:44.400 I

00:57:44.700 do

00:57:45.080 think

00:57:45.320 this

00:57:45.520 country

00:57:45.820 needs

00:57:46.140 a

00:57:46.340 leader

00:57:47.040 that

00:57:47.360 makes

00:57:47.680 tough

00:57:47.900 decisions

00:57:48.320 I

00:57:49.200 don't

00:57:49.320 know

00:57:49.460 who

00:57:49.600 that

00:57:49.780 is

00:57:50.120 yet

00:57:50.560 so

00:57:51.960 I

00:57:52.700 know

00:57:52.860 all

00:57:53.080 these

00:57:53.500 people

00:57:53.780 personally

00:57:54.280 that

00:57:54.560 are

00:57:54.680 talking

00:57:54.980 about

00:57:55.340 it

00:57:55.520 I

00:57:55.660 always

00:57:55.840 get

00:57:55.980 a

00:57:56.060 little

00:57:56.160 nervous

00:57:56.480 about

00:57:56.720 people

00:57:57.020 who

00:57:57.180 spend

00:57:57.360 their

00:57:57.540 whole

00:57:57.720 life

00:57:57.940 dreaming

00:57:58.240 about

00:57:58.480 being

00:57:58.700 president

00:57:59.140 most

00:58:00.100 of

00:58:00.220 the

00:58:00.320 time

00:58:00.560 I

00:58:00.740 think

00:58:01.000 they

00:58:01.260 are

00:58:01.880 the

00:58:02.040 last

00:58:02.340 person

00:58:02.680 you

00:58:02.860 should

00:58:03.000 want

00:58:03.200 to

00:58:03.300 be

00:58:03.440 president

00:58:03.780 so

00:58:04.280 you

00:58:06.180 know

00:58:06.400 I

00:58:06.700 wish

00:58:07.980 we

00:58:08.180 had

00:58:08.380 a

00:58:08.620 guy

00:58:09.500 who

00:58:09.660 could

00:58:09.800 speak

00:58:10.040 like

00:58:10.260 Ronald

00:58:10.580 Reagan

00:58:10.880 again

00:58:11.260 or

00:58:11.440 a

00:58:11.580 woman

00:58:11.740 who

00:58:11.880 could

00:58:12.000 speak

00:58:12.180 like

00:58:12.360 Ronald

00:58:12.620 Reagan

00:58:12.920 again

00:58:13.280 as

00:58:13.480 somebody

00:58:13.740 who

00:58:13.980 actually

00:58:14.360 cared

00:58:15.180 about

00:58:15.400 what

00:58:15.560 our

00:58:15.680 founders

00:58:16.000 gave

00:58:16.320 us

00:58:16.480 because

00:58:16.680 if

00:58:16.840 we

00:58:16.980 lose

00:58:17.180 this

00:58:17.360 country

00:58:17.660 where

00:58:17.900 do

00:58:18.020 we

00:58:18.140 go

00:58:18.360 yeah

00:58:18.820 so

00:58:19.600 good

00:58:19.780 to

00:58:19.880 talk

00:58:20.060 to

00:58:27.940 legislature

00:58:28.660 now

00:58:29.380 and

00:58:30.040 say

00:58:30.380 no

00:58:31.220 to

00:58:31.860 the

00:58:32.060 UCC

00:58:32.580 bill

00:58:33.080 no

00:58:33.780 it

00:58:34.300 cannot

00:58:34.960 be

00:58:35.540 Gandalf

00:58:36.200 you

00:58:36.600 shall

00:58:37.280 not

00:58:37.860 pass

00:58:38.900 or

00:58:39.880 we're

00:58:40.340 going to

00:58:41.120 get

00:58:41.300 our

00:58:41.480 digital

00:58:41.860 currency

00:58:42.380 no

00:58:43.240 way

00:58:43.480 out

00:58:43.800 it's

00:58:44.400 an

00:58:44.780 unfortunate

00:58:45.240 fact

00:58:45.840 of

00:58:46.120 life

00:58:46.600 that

00:58:46.820 simply

00:58:47.180 ignoring

00:58:47.740 a

00:58:48.120 problem

00:58:48.500 doesn't

00:58:48.820 make

00:58:48.980 it

00:58:49.080 go

00:58:49.240 away

00:58:49.520 right

00:58:49.820 now

00:58:50.180 you're

00:58:50.880 feeling

00:58:51.160 the

00:58:51.360 effects

00:58:51.720 of

00:58:52.040 inflation

00:58:52.600 well

00:58:53.640 inflation

00:58:54.480 doesn't

00:58:55.480 I mean

00:58:55.700 you're

00:58:55.900 filling up

00:58:56.320 your gas

00:58:56.780 and sure

00:58:57.260 it's

00:58:57.580 you know

00:58:58.200 it costs

00:58:58.740 more

00:58:59.040 your

00:58:59.260 tank

00:58:59.420 but

00:58:59.520 that's

00:58:59.720 not

00:58:59.880 inflation

00:59:00.320 groceries

00:59:01.100 they're

00:59:01.880 just

00:59:02.140 better

00:59:03.200 than

00:59:04.360 they

00:59:04.660 were

00:59:05.080 so

00:59:05.960 the

00:59:06.240 list

00:59:06.400 goes

00:59:06.640 on

00:59:06.900 and on

00:59:07.240 if

00:59:07.860 you've

00:59:08.060 been

00:59:08.160 thinking

00:59:08.580 about

00:59:08.880 refinancing

00:59:09.500 your

00:59:09.720 mortgage

00:59:10.060 to try

00:59:10.500 to get

00:59:10.760 rid

00:59:10.940 of

00:59:11.040 some

00:59:11.220 of

00:59:11.320 that

00:59:11.480 debt

00:59:11.860 but

00:59:12.320 you're

00:59:12.540 worried

00:59:12.900 about

00:59:13.240 losing

00:59:13.600 the

00:59:13.820 low

00:59:14.040 rate

00:59:14.680 consider

00:59:15.100 this

00:59:15.420 any

00:59:15.780 mortgage

00:59:16.200 rate

00:59:16.600 is

00:59:17.240 still

00:59:17.560 going

00:59:17.780 to

00:59:17.860 be

00:59:18.000 lower

00:59:18.420 than

00:59:18.700 something

00:59:18.960 like

00:59:19.200 credit

00:59:19.500 card

00:59:19.820 debt

00:59:20.160 a

00:59:20.480 lot

00:59:21.000 lower

00:59:21.760 I

00:59:22.400 know

00:59:22.520 it's

00:59:22.680 a

00:59:22.800 big

00:59:22.960 decision

00:59:23.360 but

00:59:23.620 you

00:59:23.780 should

00:59:24.000 consider

00:59:24.540 it

00:59:24.820 you

00:59:25.320 should

00:59:25.660 be

00:59:25.920 talking

00:59:26.180 to

00:59:26.340 the

00:59:26.480 experts

00:59:26.880 that

00:59:27.060 you

00:59:27.160 can

00:59:27.340 trust

00:59:27.780 and

00:59:28.100 those

00:59:28.460 experts

00:59:28.980 reside

00:59:29.800 at

00:59:29.960 American

00:59:30.400 financing

00:59:31.000 it's

00:59:31.360 a

00:59:31.480 family

00:59:31.760 owned

00:59:32.160 mortgage

00:59:32.600 company

00:59:33.040 that's

00:59:33.380 in

00:59:33.580 it

00:59:33.700 for

00:59:33.920 you

00:59:34.160 and

00:59:34.340 they're

00:59:34.540 saving

00:59:34.800 people

00:59:35.140 like

00:59:35.420 you

00:59:35.600 an

00:59:35.720 average

00:59:36.020 of

00:59:36.540 $700

00:59:37.320 a

00:59:38.000 month

00:59:38.220 and

00:59:38.820 you

00:59:39.000 could

00:59:39.320 end

00:59:39.600 up

00:59:39.720 being

00:59:39.860 able

00:59:40.060 to

00:59:40.280 delay

00:59:40.680 up

00:59:41.060 to

00:59:41.240 two

00:59:41.680 mortgage

00:59:42.260 payments

00:59:42.740 and

00:59:43.280 close

00:59:43.760 in

00:59:44.020 as

00:59:44.180 little

00:59:44.420 as

00:59:44.720 10

00:59:44.980 days

00:59:45.400 so

00:59:46.320 change

00:59:47.320 your

00:59:47.460 situation

00:59:48.060 here's

00:59:49.620 a

00:59:49.820 lifeline

00:59:50.520 American

00:59:51.640 financing

00:59:52.300 800-906-2440

00:59:54.620 800-906-2440

00:59:56.680 or

00:59:57.240 American

00:59:57.660 financing

00:59:58.260 dot

00:59:58.680 net

00:59:59.280 American

00:59:59.640 financing

01:00:00.180 NMLS

01:00:00.820 182334

01:00:01.900 www.nmlsconsumeraccess.org

01:00:05.600 10 seconds

01:00:06.360 station

01:00:06.680 ID

01:00:06.920 I

01:00:17.120 say

01:00:17.400 hello

01:00:17.720 to

01:00:18.020 Mr.

01:00:18.640 Pat

01:00:18.860 Gray

01:00:19.160 who's

01:00:19.440 filling

01:00:19.700 in

01:00:19.960 for

01:00:20.360 for

01:00:21.520 Stu

01:00:21.740 today

01:00:22.060 hello

01:00:22.920 you

01:00:24.540 bring so

01:00:25.060 much to

01:00:25.460 the table

01:00:25.940 right

01:00:26.200 and

01:00:26.600 would

01:00:27.060 you

01:00:27.160 have

01:00:27.340 had

01:00:27.540 that

01:00:27.740 hello

01:00:28.100 from

01:00:28.360 I

01:00:28.520 would

01:00:28.740 not

01:00:29.260 I

01:00:29.420 don't

01:00:29.560 think

01:00:29.740 so

01:00:29.920 no

01:00:30.280 I

01:00:30.580 don't

01:00:30.960 think

01:00:31.140 so

01:00:31.320 no

01:00:31.580 so

01:00:32.500 what

01:00:32.660 are

01:00:32.740 your

01:00:32.880 thoughts

01:00:33.180 on

01:00:33.480 what's

01:00:33.860 going

01:00:34.040 on

01:00:34.420 today

01:00:35.800 with

01:00:36.280 what

01:00:36.680 do

01:00:36.780 you

01:00:36.920 think

01:00:37.120 is

01:00:37.340 is

01:00:38.300 the

01:00:38.580 SVP

01:00:39.460 thing

01:00:39.940 the

01:00:40.220 the

01:00:40.680 I

01:00:41.300 think

01:00:41.460 it's

01:00:41.600 really

01:00:41.800 bad

01:00:42.220 but

01:00:42.680 I

01:00:42.920 don't

01:00:43.500 I

01:00:43.620 don't

01:00:43.760 think

01:00:43.920 this

01:00:44.120 is

01:00:44.240 the

01:00:44.400 catastrophe

01:00:44.920 that

01:00:45.220 we've

01:00:45.640 kind

01:00:46.120 of

01:00:46.200 been

01:00:46.320 worried

01:00:46.640 about

01:00:47.220 I

01:00:47.380 don't

01:00:47.500 either

01:00:47.760 foresee

01:00:48.220 on

01:00:48.420 the

01:00:48.520 horizon

01:00:48.880 I

01:00:49.120 don't

01:00:49.240 either

01:00:49.440 they're

01:00:49.640 not

01:00:49.780 ready

01:00:50.020 with

01:00:50.260 the

01:00:50.400 CBC

01:00:50.740 yet

01:00:51.640 not

01:00:51.880 yet

01:00:52.160 yeah

01:00:52.560 but

01:00:53.760 it's

01:00:54.040 a

01:00:54.160 big

01:00:54.340 deal

01:00:54.680 it's

01:00:54.980 the

01:00:55.200 second

01:00:55.660 largest

01:00:56.240 bank

01:00:56.900 collapse

01:00:57.480 in

01:00:57.940 American

01:00:58.300 history

01:00:58.780 that's

01:00:59.700 substantial

01:01:00.500 yeah

01:01:01.140 and it's

01:01:01.900 the

01:01:02.020 biggest

01:01:02.200 since

01:01:02.440 2008

01:01:03.020 yeah

01:01:03.400 when

01:01:03.980 Washington

01:01:04.320 I think

01:01:04.580 it was

01:01:04.760 Washington

01:01:05.140 Mutual

01:01:05.580 right

01:01:05.940 that went

01:01:06.400 down

01:01:06.700 right

01:01:07.040 and got

01:01:07.340 gobbled up

01:01:08.000 by

01:01:08.300 Chase

01:01:08.820 Bank

01:01:09.020 which

01:01:09.200 you know

01:01:10.060 they weren't

01:01:11.420 nearly big

01:01:12.100 enough to

01:01:12.460 begin with

01:01:13.020 and so

01:01:13.800 they really

01:01:14.600 needed to

01:01:15.140 gobble up

01:01:15.580 can I tell

01:01:15.980 you what I

01:01:16.340 think would

01:01:16.900 be really

01:01:17.340 good is

01:01:18.160 if we

01:01:18.540 could get

01:01:18.920 some of

01:01:19.320 these

01:01:19.500 local

01:01:19.880 banks

01:01:20.220 to

01:01:20.440 collapse

01:01:20.940 oh

01:01:21.520 yeah

01:01:21.740 and then

01:01:22.280 just have

01:01:22.900 the bigger

01:01:23.300 banks

01:01:23.740 absorb

01:01:24.400 them

01:01:24.780 yeah

01:01:25.280 so we

01:01:26.000 could

01:01:26.140 have

01:01:26.320 that would

01:01:26.620 be

01:01:26.700 ideal

01:01:27.180 what

01:01:27.640 about

01:01:27.820 banks

01:01:28.360 or even

01:01:29.060 whittle

01:01:29.840 that down

01:01:30.260 to one

01:01:30.720 centralized

01:01:31.240 bank

01:01:33.880 what would

01:01:35.360 you call

01:01:35.920 it though

01:01:36.420 just one

01:01:38.860 central bank

01:01:40.280 yeah

01:01:40.540 is what

01:01:40.760 you're

01:01:40.920 calling

01:01:41.120 yeah

01:01:41.540 huh

01:01:42.000 why

01:01:42.640 I don't

01:01:43.060 know

01:01:43.300 something

01:01:43.960 federal

01:01:44.440 well

01:01:45.100 wouldn't

01:01:47.420 it

01:01:47.660 wouldn't

01:01:48.540 really

01:01:48.840 when you

01:01:49.200 get down

01:01:49.580 to four

01:01:50.040 banks

01:01:50.480 wouldn't

01:01:51.000 you have

01:01:51.360 that

01:01:51.600 anyway

01:01:52.200 in reality

01:01:53.180 you really

01:01:53.820 would

01:01:54.080 I mean

01:01:54.460 and what

01:01:54.840 is the

01:01:55.120 fed

01:01:55.300 but

01:01:55.520 conglomeration

01:01:56.580 of the

01:01:57.480 12 biggest

01:01:58.060 banks

01:01:58.420 right

01:01:58.740 which

01:01:59.440 would

01:01:59.600 end up

01:02:00.020 being

01:02:00.220 the

01:02:00.380 four

01:02:00.660 biggest

01:02:01.000 because

01:02:01.260 yeah

01:02:01.460 because

01:02:01.880 the

01:02:02.040 others

01:02:02.240 are

01:02:02.420 going

01:02:02.500 to

01:02:02.520 go

01:02:02.700 out

01:02:02.920 yeah

01:02:03.160 and

01:02:03.680 be

01:02:03.840 gobbled

01:02:04.120 up

01:02:04.280 by the

01:02:04.560 other

01:02:04.780 by the

01:02:05.120 four

01:02:05.320 existing

01:02:08.860 up

01:02:09.020 the

01:02:09.160 four

01:02:09.440 and

01:02:10.120 then

01:02:10.480 it'll

01:02:11.100 be

01:02:11.260 so

01:02:11.780 easy

01:02:12.540 we

01:02:13.000 can

01:02:13.160 all

01:02:13.660 have

01:02:13.920 the

01:02:14.140 same

01:02:14.740 bank

01:02:15.540 be

01:02:16.380 great

01:02:17.000 and

01:02:17.660 they

01:02:17.840 can

01:02:18.040 just

01:02:18.360 they

01:02:18.860 can

01:02:19.060 just

01:02:19.300 digitally

01:02:20.080 put

01:02:20.640 money

01:02:21.080 into

01:02:21.460 our

01:02:21.720 accounts

01:02:22.380 and

01:02:23.240 then

01:02:23.460 they

01:02:23.800 can

01:02:24.080 digitally

01:02:25.060 take

01:02:26.140 it

01:02:26.300 out

01:02:26.540 of

01:02:26.700 our

01:02:26.880 accounts

01:02:27.340 too

01:02:27.680 or

01:02:28.380 you

01:02:29.640 know

01:02:29.900 if

01:02:30.720 there's

01:02:31.020 inflation

01:02:31.560 I

01:02:31.860 learned

01:02:32.200 this

01:02:32.680 from

01:02:33.100 modern

01:02:34.020 monetary

01:02:34.580 theory

01:02:35.080 if

01:02:35.860 there's

01:02:36.160 inflation

01:02:36.680 in

01:02:36.940 one

01:02:37.260 sector

01:02:37.720 yeah

01:02:38.280 all

01:02:39.060 they

01:02:39.260 have

01:02:39.460 to

01:02:39.620 do

01:02:40.000 is

01:02:40.380 if

01:02:40.560 they

01:02:40.740 have

01:02:40.980 control

01:02:41.560 of

01:02:42.080 the

01:02:42.400 money

01:02:42.720 is

01:02:43.420 just

01:02:43.920 stop

01:02:45.440 the

01:02:45.640 money

01:02:45.860 from

01:02:46.160 working

01:02:46.640 in

01:02:46.960 that

01:02:47.220 sector

01:02:47.740 except

01:02:48.300 for

01:02:48.620 those

01:02:48.900 people

01:02:49.300 that

01:02:49.900 the

01:02:50.120 central

01:02:50.460 bank

01:02:50.780 thinks

01:02:51.120 really

01:02:51.860 needs

01:02:52.360 that

01:02:52.760 what

01:02:53.360 a

01:02:53.480 wonderful

01:02:53.860 idea

01:02:54.340 it's

01:02:54.680 a

01:02:54.820 really

01:02:55.280 you

01:02:55.560 can

01:02:55.740 print

01:02:55.960 as

01:02:56.120 much

01:02:56.320 money

01:02:56.560 as

01:02:56.720 you

01:02:56.800 want

01:02:57.000 if

01:02:57.120 you

01:02:57.220 do

01:02:57.360 it

01:02:57.480 that

01:02:57.640 way

01:02:57.780 they

01:02:57.940 say

01:02:58.240 oh

01:02:58.700 wow

01:02:59.060 yeah

01:02:59.380 so

01:02:59.720 that's

01:02:59.980 really

01:03:00.140 convenient

01:03:00.560 for

01:03:00.780 since

01:03:01.000 we're

01:03:01.200 doing

01:03:01.560 that

01:03:01.800 anyway

01:03:02.160 yeah

01:03:08.280 correct

01:03:08.640 that

01:03:08.960 way

01:03:09.120 you

01:03:09.280 don't

01:03:09.500 have

01:03:09.680 to

01:03:09.840 raise

01:03:10.140 interest

01:03:10.600 rates

01:03:10.980 you

01:03:11.400 just

01:03:11.660 shut

01:03:11.960 people

01:03:12.340 down

01:03:12.820 you

01:03:13.480 know

01:03:13.580 what

01:03:13.680 i mean

01:03:13.820 you

01:03:14.160 need

01:03:14.440 to

01:03:14.620 slow

01:03:14.920 the

01:03:15.140 economy

01:03:15.580 down

01:03:16.000 your

01:03:16.860 digital

01:03:17.280 currency

01:03:17.740 just

01:03:18.060 stops

01:03:18.380 working

01:03:18.800 at

01:03:19.060 certain

01:03:19.340 places

01:03:19.860 and

01:03:20.520 eventually

01:03:20.820 we'll

01:03:21.220 all

01:03:21.400 own

01:03:21.780 nothing

01:03:22.120 and

01:03:22.920 like

01:03:23.220 it

01:03:23.460 i

01:03:24.960 can't

01:03:25.320 wait

01:03:25.500 for

01:03:25.640 the

01:03:25.760 future

01:03:26.140 it's

01:03:26.400 a

01:03:26.500 beautiful

01:03:26.740 utopia

01:03:27.260 they're

01:03:27.780 working

01:03:28.020 towards

01:03:28.400 beautiful

01:03:29.200 and

01:03:29.920 you

01:03:30.060 know

01:03:30.200 what

01:03:30.440 they

01:03:30.940 say

01:03:31.320 utopia

01:03:31.860 has

01:03:32.060 never

01:03:32.300 come

01:03:32.600 true

01:03:32.960 but

01:03:33.740 that's

01:03:38.280 when i

01:03:38.580 look

01:03:39.000 at

01:03:39.140 the

01:03:39.300 people

01:03:39.580 who

01:03:39.780 are

01:03:39.900 leading

01:03:40.220 us

01:03:40.500 right

01:03:40.720 now

01:03:40.900 i

01:03:41.080 think

01:03:41.440 right

01:03:42.320 people

01:03:42.820 right

01:03:43.380 right

01:03:43.980 these

01:03:44.780 guys

01:03:45.060 are

01:03:45.260 competent

01:03:45.700 you

01:03:46.320 put

01:03:46.640 pete

01:03:46.980 buddha

01:03:47.360 judge

01:03:47.620 in

01:03:47.860 charge

01:03:48.480 of

01:03:48.640 a

01:03:48.780 few

01:03:48.920 things

01:03:49.360 and

01:03:49.680 you're

01:03:49.920 gonna

01:03:50.040 see

01:03:50.380 how

01:03:51.020 perfect

01:03:51.560 it

01:03:51.840 is

01:03:52.300 the

01:03:52.860 glennback

01:03:53.360 program

01:03:53.960 yep

01:03:55.080 it's

01:03:55.360 hard

01:03:55.580 to

01:03:55.860 it's

01:03:56.700 hard

01:03:56.840 to

01:03:56.960 improve

01:03:57.300 on

01:03:57.500 perfection

01:03:57.960 i

01:03:58.180 mean

01:03:58.280 where

01:03:58.420 do

01:03:58.520 you

01:03:58.620 go

01:03:58.800 from

01:03:59.000 pete

01:03:59.260 buddha

01:03:59.480 judge

01:03:59.780 where

01:04:00.040 do

01:04:00.140 you

01:04:00.160 go

01:04:00.380 it's

01:04:01.400 nearly

01:04:01.640 impossible

01:04:02.100 you

01:04:03.100 know

01:04:03.280 mike

01:04:03.700 lindell

01:04:04.040 found

01:04:04.320 a way

01:04:04.700 to

01:04:04.980 improve

01:04:05.440 on

01:04:05.600 the

01:04:05.700 my

01:04:05.880 pillow

01:04:06.160 but

01:04:06.480 i

01:04:06.880 don't

01:04:07.020 think

01:04:07.200 he

01:04:07.300 could

01:04:07.440 improve

01:04:07.780 on

01:04:07.940 pete

01:04:08.140 buddha

01:04:08.400 judge

01:04:08.700 my

01:04:09.680 pillow

01:04:09.940 has

01:04:10.260 a

01:04:10.460 new

01:04:10.680 2.0

01:04:11.880 my

01:04:12.800 pillow

01:04:13.080 2.0

01:04:13.800 it's

01:04:14.200 perfection

01:04:14.840 improved

01:04:15.760 what it

01:04:16.480 has

01:04:16.760 is

01:04:16.960 temperature

01:04:17.360 regulating

01:04:18.000 technology

01:04:18.840 i think

01:04:20.060 that's

01:04:20.340 the wrong

01:04:20.700 word

01:04:20.940 for a

01:04:21.280 pillow

01:04:21.500 i

01:04:22.000 don't

01:04:22.480 like

01:04:22.940 i

01:04:23.620 don't

01:04:23.820 want

01:04:24.020 to

01:04:24.160 sleep

01:04:24.480 with

01:04:24.700 technology

01:04:25.520 it's

01:04:26.560 thread

01:04:26.940 that's

01:04:27.480 what

01:04:27.620 it

01:04:27.740 is

01:04:28.040 and

01:04:28.500 it

01:04:28.660 took

01:04:31.640 so

01:04:32.140 your

01:04:32.780 pillow

01:04:33.000 doesn't

01:04:33.280 get

01:04:33.480 hot

01:04:33.880 it's

01:04:34.940 great

01:04:35.220 100%

01:04:36.320 made

01:04:36.780 in the

01:04:37.200 usa

01:04:37.560 comes

01:04:38.040 with

01:04:38.300 a

01:04:38.480 10

01:04:38.780 year

01:04:39.040 warranty

01:04:39.660 what

01:04:39.980 pillow

01:04:40.240 does

01:04:40.480 that

01:04:40.780 60

01:04:41.520 day

01:04:41.820 money

01:04:42.160 back

01:04:42.460 guarantee

01:04:42.900 just

01:04:43.540 go to

01:04:43.780 mypillow.com

01:04:44.920 and click

01:04:45.300 on the

01:04:45.560 radio

01:04:45.780 listener

01:04:46.040 special

01:04:46.400 squares

01:04:46.820 get

01:04:47.100 the

01:04:47.280 new

01:04:47.500 buy

01:04:47.860 one

01:04:48.140 get

01:04:48.380 one

01:04:48.620 free

01:04:48.920 offer

01:04:49.220 on

01:04:49.440 the

01:04:49.560 my

01:04:49.760 pillow

01:04:50.000 2.0

01:04:50.640 enter

01:04:51.300 the

01:04:51.500 promo

01:04:51.780 code

01:04:52.240 back

01:04:52.580 call

01:04:52.800 800-966-3117

01:04:55.220 800-966-3117

01:04:58.000 get your

01:04:59.160 my

01:04:59.540 pillow

01:04:59.940 2.0

01:05:00.740 now

01:05:01.220 Glenn Beck

01:05:02.120 Stu

01:05:02.760 Bergeer

01:05:03.260 Steve

01:05:03.580 Dace

01:05:03.880 Chad

01:05:04.200 Prather

01:05:04.540 and me

01:05:04.960 Pat

01:05:05.360 Gray

01:05:05.600 listen to

01:05:06.480 all your

01:05:06.760 favorite

01:05:07.040 conservative

01:05:07.480 voices

01:05:07.860 at

01:05:08.080 blazetv.com

01:05:09.000 promo code

01:05:09.700 will not

01:05:11.020 be censored

01:05:12.020 and do that

01:05:13.880 today

01:05:14.200 won't you

01:05:14.980 letter to

01:05:41.000 bank of

01:05:41.540 america

01:05:42.160 greetings

01:05:43.520 nationally

01:05:45.160 nationally

01:05:45.180 syndicated

01:05:45.760 radio host

01:05:46.440 and best

01:05:46.740 selling

01:05:46.940 author

01:05:47.180 glenn

01:05:47.480 beck

01:05:47.720 covered

01:05:48.100 this

01:05:48.400 story

01:05:48.760 on

01:05:49.260 radio

01:05:49.840 that

01:05:50.260 alleges

01:05:50.920 via

01:05:51.300 whistleblower

01:05:52.140 bank of

01:05:53.020 america

01:05:53.620 data

01:05:54.940 mined

01:05:55.500 its

01:05:55.740 customer

01:05:56.180 base

01:05:56.620 and

01:05:56.880 turned

01:05:57.140 over

01:05:57.400 private

01:05:57.920 records

01:05:58.360 to the

01:05:58.740 federal

01:05:59.020 government

01:05:59.500 in regards

01:06:00.140 to

01:06:00.560 january

01:06:01.080 6th

01:06:02.420 we

01:06:02.600 continue

01:06:03.040 to follow

01:06:03.540 this

01:06:03.800 story

01:06:04.160 and have

01:06:04.600 a few

01:06:04.900 questions

01:06:05.460 regarding

01:06:06.040 this

01:06:06.460 section

01:06:06.900 of

01:06:07.320 the

01:06:07.540 testimony

01:06:08.200 bank of

01:06:09.620 america

01:06:10.040 provided

01:06:10.540 the

01:06:10.740 fbi's

01:06:11.280 dc

01:06:11.560 field

01:06:11.860 office

01:06:12.180 a huge

01:06:12.760 list

01:06:13.080 of

01:06:13.240 individuals

01:06:13.660 who

01:06:13.920 use

01:06:14.140 bank of

01:06:14.480 america

01:06:14.840 credit or

01:06:15.360 debit cards

01:06:15.940 in dc

01:06:16.640 yada yada yada

01:06:17.680 so we

01:06:18.500 asked why

01:06:18.980 would bank

01:06:19.440 of america

01:06:19.940 violate the

01:06:20.720 privacy of

01:06:21.460 their customers

01:06:22.120 without a

01:06:22.700 subpoena or

01:06:23.460 evidence that

01:06:24.380 they had

01:06:24.700 committed

01:06:24.960 crimes

01:06:25.520 now i

01:06:26.680 believe

01:06:27.280 bank of

01:06:27.780 america

01:06:28.080 when we

01:06:28.400 first

01:06:28.640 covered

01:06:28.920 this

01:06:29.260 said

01:06:30.000 what are

01:06:30.380 you

01:06:30.540 talking

01:06:30.820 we

01:06:31.180 didn't

01:06:31.480 what

01:06:31.840 we

01:06:32.600 no

01:06:33.540 well

01:06:34.080 we were

01:06:35.440 working

01:06:36.040 with the

01:06:36.700 they

01:06:37.200 you know

01:06:38.380 jingle

01:06:39.680 jingle

01:06:40.020 hello

01:06:40.680 hi it's

01:06:41.540 the fbi

01:06:41.960 we'd like

01:06:42.580 some markets

01:06:43.120 we can't

01:06:43.760 okay

01:06:44.200 uh

01:06:45.380 so i think

01:06:46.400 that was

01:06:46.780 pretty much

01:06:47.220 the story

01:06:47.700 the last

01:06:48.120 time

01:06:48.380 but we've

01:06:49.080 just found

01:06:49.860 out that

01:06:50.680 um

01:06:51.300 it went

01:06:52.020 more like

01:06:52.420 this

01:06:52.720 yeah hi

01:06:55.120 it's bank

01:06:55.600 of america

01:06:56.220 we've got

01:06:57.020 some dirt

01:06:57.640 for you

01:06:58.360 uh so

01:06:59.660 we'd like

01:06:59.980 to know

01:07:00.440 why bank

01:07:01.140 of america

01:07:01.760 would violate

01:07:02.680 the privacy

01:07:03.360 of the

01:07:04.040 the customers

01:07:05.220 without a

01:07:05.680 subpoena

01:07:06.060 or evidence

01:07:07.160 that they

01:07:08.100 committed a

01:07:08.580 crime just

01:07:08.940 everybody who

01:07:09.860 used their

01:07:10.420 card uh

01:07:11.920 did boa

01:07:12.900 volunteer the

01:07:13.580 information uh

01:07:15.180 are there or

01:07:16.220 have there ever

01:07:17.060 been any uh

01:07:18.180 data mining

01:07:18.680 efforts by

01:07:19.400 bank of

01:07:19.800 america

01:07:20.320 assuming this

01:07:21.960 testimony is

01:07:22.740 true and i

01:07:23.940 just don't

01:07:24.940 believe it

01:07:25.760 why should

01:07:26.520 bank of

01:07:26.880 america

01:07:27.220 customers trust

01:07:28.040 their banking

01:07:28.600 services with

01:07:29.460 you how

01:07:30.360 will bank

01:07:30.800 america

01:07:31.400 repair this

01:07:32.440 breach of

01:07:32.920 trust um

01:07:34.440 you know we

01:07:34.880 understand that

01:07:35.460 you didn't

01:07:35.760 provide a

01:07:36.400 comment to

01:07:37.000 the federalist

01:07:37.740 or weren't

01:07:38.160 able to

01:07:38.660 by their

01:07:39.020 deadline so

01:07:39.740 we're extending

01:07:40.300 ours until

01:07:41.740 last friday

01:07:42.860 yeah so

01:07:44.760 that's what we

01:07:45.480 sent to bank

01:07:46.260 of america

01:07:46.900 this time last

01:07:48.160 week they

01:07:49.200 didn't they're

01:07:49.940 just too busy

01:07:50.860 and big i

01:07:51.660 mean they

01:07:52.100 answer questions

01:07:53.160 to their

01:07:53.500 customers what

01:07:54.300 what are you

01:07:54.780 talking about

01:07:55.400 we can't

01:07:55.980 fbi

01:07:57.360 yeah they're

01:07:58.060 on the

01:07:58.360 phone with

01:07:58.720 the fbi

01:07:59.320 all the

01:08:00.580 time

01:08:01.220 now somebody

01:08:03.000 who did

01:08:03.740 get a

01:08:04.420 couple of

01:08:05.100 answers is

01:08:06.200 riley moore

01:08:07.040 he is uh

01:08:08.600 the west

01:08:09.080 virginia state

01:08:09.960 treasurer

01:08:10.560 he has been

01:08:12.080 uh this guy

01:08:13.060 is a pitbull

01:08:14.340 on um

01:08:15.740 anti-esg

01:08:17.160 stuff

01:08:17.560 by the way

01:08:18.580 riley you

01:08:19.220 got the um

01:08:20.120 the anti-esg

01:08:21.340 proxy voting

01:08:22.140 reform it

01:08:22.820 passed on

01:08:23.360 friday did

01:08:23.800 it not

01:08:24.180 it did

01:08:25.740 it did

01:08:26.400 pass glenn

01:08:27.140 thank you

01:08:27.740 very much

01:08:28.320 thank you

01:08:28.740 on that

01:08:29.480 it was a

01:08:30.420 huge battle

01:08:31.240 but you

01:08:32.000 and your

01:08:32.300 listening audience

01:08:33.260 uh played a

01:08:34.180 big role in

01:08:34.720 that thank

01:08:35.240 you um

01:08:35.940 i will tell

01:08:36.600 you um

01:08:37.300 please i

01:08:38.020 just talked

01:08:38.460 to you about

01:08:38.820 the ucc

01:08:39.480 bill and

01:08:40.360 this bill

01:08:41.160 for uh

01:08:42.000 um anti-esg

01:08:43.360 it's now

01:08:43.880 passed in

01:08:44.540 west virginia

01:08:45.700 this bill

01:08:46.800 and and

01:08:47.800 the ucc

01:08:48.580 they have

01:08:49.940 doubled down

01:08:51.000 on them

01:08:51.620 and all

01:08:52.940 of the

01:08:53.180 progress

01:08:53.560 that we

01:08:54.020 had made

01:08:54.720 is starting

01:08:55.740 to slip

01:08:56.140 through state

01:08:56.820 legislators fingers

01:08:57.820 you've got

01:08:58.740 to call

01:08:59.360 them

01:08:59.700 and tell

01:09:00.540 them

01:09:00.880 we want

01:09:02.000 the toughest

01:09:02.900 anti-esg

01:09:04.320 bill

01:09:04.800 out there

01:09:05.940 um

01:09:06.980 riley let me

01:09:07.780 ask you about

01:09:08.340 visa and

01:09:08.780 mastercard

01:09:09.380 because last

01:09:10.620 week you

01:09:11.900 guys got

01:09:12.620 this done

01:09:13.260 um

01:09:14.280 visa and

01:09:15.040 mastercard

01:09:15.580 has decided

01:09:16.320 to pause

01:09:17.660 their plan

01:09:18.600 that would

01:09:19.640 track gun

01:09:20.220 and ammunition

01:09:20.820 sales

01:09:21.460 can you

01:09:23.280 yeah that's

01:09:23.800 right so

01:09:24.700 uh house

01:09:25.460 bill 2004

01:09:26.640 uh just

01:09:27.760 passed last

01:09:28.660 week this

01:09:30.060 bill glenn what

01:09:31.860 it does is

01:09:32.700 protect our

01:09:34.440 second amendment

01:09:35.400 rights and

01:09:36.760 information so

01:09:37.940 what credit

01:09:38.380 card companies

01:09:39.100 working through

01:09:40.480 the banks so

01:09:41.280 this goes back

01:09:42.140 to the banks

01:09:42.720 again of course

01:09:43.760 the banks

01:09:45.020 like amalgamated

01:09:45.820 bank in new

01:09:46.440 york working

01:09:47.300 with senator

01:09:47.900 elizabeth

01:09:48.460 voren pushed

01:09:50.040 this idea

01:09:51.240 of well

01:09:52.140 i know how

01:09:53.320 we can create

01:09:54.120 a national gun

01:09:55.040 registry why

01:09:55.800 don't we have

01:09:56.220 credit card

01:09:56.940 companies do

01:09:57.640 it so they

01:09:58.220 got the

01:09:58.760 international

01:10:00.040 organization on

01:10:01.220 standardization

01:10:02.260 yes that's a

01:10:02.920 real thing

01:10:03.420 uh to come

01:10:04.980 up with this

01:10:05.460 new merchant

01:10:06.240 category code

01:10:07.500 that will

01:10:08.280 uh code

01:10:09.940 specifically

01:10:10.680 guns and

01:10:11.600 ammunition

01:10:12.460 so things like

01:10:13.960 bank of america

01:10:14.940 could say hey

01:10:15.760 i think we have

01:10:16.560 suspicious activity

01:10:17.640 here i don't

01:10:18.760 have a warrant

01:10:19.300 or subpoena but

01:10:20.380 i'm going to turn

01:10:21.100 this over to the

01:10:21.780 feds just because

01:10:22.440 i think it's bad

01:10:23.340 we're not going to

01:10:24.520 let them do that

01:10:25.220 here in west

01:10:25.780 virginia we have

01:10:26.620 outlawed the

01:10:28.080 sharing of that

01:10:29.380 data specifically

01:10:30.540 and i'll tell you

01:10:31.380 what was very

01:10:32.200 interesting about

01:10:32.860 this we also

01:10:33.380 created a cause

01:10:34.580 of action

01:10:35.440 cause of action

01:10:37.140 so people can

01:10:37.940 sue if their

01:10:39.060 data has been

01:10:40.300 shared good

01:10:41.320 out being subject

01:10:42.260 to a warrant or

01:10:43.300 subpoena and

01:10:44.540 this i believe is

01:10:45.680 what got them to

01:10:46.460 back off is the

01:10:47.620 potential for

01:10:48.760 massive massive

01:10:50.060 lawsuits

01:10:50.840 please thank

01:10:52.640 your legislature

01:10:53.460 and everybody

01:10:54.180 involved for this

01:10:55.240 this is the one

01:10:56.500 thing that you

01:10:58.120 and utah really

01:10:59.840 are leading the

01:11:00.560 way on on

01:11:01.440 protecting people

01:11:03.340 you know the

01:11:04.500 the a lot of

01:11:05.220 times these

01:11:06.260 legislatures will

01:11:07.140 talk about for

01:11:07.980 instance an anti

01:11:08.800 esg bill and

01:11:10.240 they'll protect

01:11:10.800 the oil companies

01:11:11.820 or the energy

01:11:12.740 companies but

01:11:13.840 they won't give

01:11:14.880 you fair access

01:11:15.880 so you can

01:11:17.540 sue yourself

01:11:18.760 if if something

01:11:19.940 happens to you

01:11:20.920 so thank you

01:11:22.380 for including

01:11:22.980 that and the

01:11:24.820 merchant can sue

01:11:26.240 as well so

01:11:27.400 let's say the

01:11:28.160 credit card company

01:11:29.020 won't let them

01:11:29.660 use a terminal

01:11:30.540 because they're a

01:11:31.280 gun shop they

01:11:32.980 can sue for that

01:11:34.120 as discrimination

01:11:35.040 if your credit

01:11:36.200 card won't work

01:11:37.200 at a gun shop

01:11:38.340 you can sue

01:11:39.240 we have multiple

01:11:41.040 lines here in

01:11:42.760 terms of

01:11:43.440 causes of

01:11:45.260 action that we

01:11:46.100 put into this

01:11:46.820 legislation now I

01:11:48.120 will point out

01:11:48.980 something very

01:11:49.460 interesting some

01:11:50.720 of the people in

01:11:51.200 the financial

01:11:51.700 services sector in

01:11:52.900 the credit card

01:11:53.380 industry said why

01:11:54.680 don't you just

01:11:55.320 ban the MCC

01:11:57.120 code and I

01:11:58.240 said hmm wonder

01:11:59.900 why they want

01:12:00.560 that well our

01:12:01.620 lawyers started

01:12:02.300 looking into it

01:12:03.180 and since the

01:12:04.420 MCC code is

01:12:05.620 actually created

01:12:06.540 the merchant

01:12:06.940 category code is

01:12:07.840 created by the

01:12:08.960 banks this would

01:12:10.500 push the liability

01:12:11.400 to the banks

01:12:12.500 and they could

01:12:13.380 have likely sued

01:12:14.400 us over an

01:12:15.500 interstate commerce

01:12:16.420 clause that's

01:12:17.620 why we went the

01:12:18.460 direction they were

01:12:19.780 setting us up felt

01:12:20.720 like it was a trap

01:12:21.500 that's why we we

01:12:22.500 went the direction

01:12:23.400 of cause of action

01:12:24.780 on sharing the

01:12:25.720 data it is it's

01:12:28.700 amazing to me how

01:12:29.740 far they have

01:12:32.960 gone and how

01:12:34.140 well planned all

01:12:36.480 of this is this

01:12:37.920 is you know all

01:12:38.680 coming fast and

01:12:39.640 furious to people

01:12:40.480 who are actually

01:12:41.320 just doing the

01:12:41.980 work for America

01:12:42.880 and there's teams

01:12:45.100 out there that

01:12:45.860 have been thinking

01:12:46.660 these things

01:12:47.500 through and are

01:12:49.020 years ahead of

01:12:50.120 anybody else and

01:12:51.740 and just by the

01:12:53.380 grace of God I

01:12:54.240 think we're

01:12:55.080 figuring out some

01:12:56.540 things and being

01:12:57.320 able to maneuver

01:12:58.060 like that does it

01:12:59.280 bother you at all

01:13:00.000 that they said

01:13:00.540 they're just pausing

01:13:01.620 this work that

01:13:03.640 does that does

01:13:05.120 bother me a little

01:13:06.060 bit and I'm not

01:13:06.740 sure if they're

01:13:08.500 trying to speak

01:13:09.500 out of both sides

01:13:10.220 of their mouth

01:13:10.960 to not get the

01:13:12.980 liberals to go

01:13:14.000 bananas on them

01:13:15.020 or us or both

01:13:16.200 so we're certainly

01:13:18.920 going to be keeping

01:13:19.600 an eye on this

01:13:20.460 this bill has

01:13:21.240 passed the

01:13:21.760 governor will sign

01:13:22.620 it and if we

01:13:24.700 need to start

01:13:25.480 bringing lawsuits

01:13:26.060 we're going to

01:13:26.420 start bringing

01:13:26.720 lawsuits and the

01:13:27.700 attorney general

01:13:28.380 has authority to

01:13:29.480 place injunctions in

01:13:30.500 this as well on

01:13:32.040 behalf of individuals

01:13:33.100 so we are loaded

01:13:35.640 for bear if they

01:13:36.520 decide to try to

01:13:37.740 pull this stuff in

01:13:38.480 West Virginia

01:13:39.040 certainly encourage

01:13:40.460 everybody listening

01:13:41.760 encourage your state

01:13:43.060 to adopt the same

01:13:44.240 type of legislation

01:13:45.360 because we have

01:13:47.080 to create a

01:13:48.560 fortress around our

01:13:49.580 Second Amendment

01:13:50.140 rights so does

01:13:53.120 this affect anything

01:13:54.080 like I was talking

01:13:54.760 about Bank of

01:13:55.400 America just

01:13:56.400 turning over records

01:13:58.480 not being not no

01:13:59.700 no subpoena

01:14:00.460 nothing just

01:14:01.420 turning over the

01:14:02.680 records of everybody

01:14:03.720 who is in Washington

01:14:04.620 D.C.

01:14:06.400 violating everybody

01:14:07.800 their their

01:14:09.500 privacy

01:14:10.440 yes if Bank of

01:14:13.560 America were to

01:14:14.860 turn over gun

01:14:16.160 purchases of any

01:14:17.980 individual in the

01:14:19.160 state of West

01:14:19.800 Virginia just because

01:14:21.460 they will be sued

01:14:22.620 right but is is

01:14:24.340 there anything in

01:14:25.120 the law now that

01:14:26.040 they just did this

01:14:27.400 for September I

01:14:28.520 mean for January

01:14:29.500 6th they they

01:14:31.340 just turned over

01:14:32.020 anybody who was

01:14:33.060 using one of their

01:14:33.820 credit cards and

01:14:35.420 said hey we just

01:14:36.180 want to help you

01:14:36.720 guys out they

01:14:37.300 weren't asked for

01:14:38.000 it they just turned

01:14:38.660 it over apparently

01:14:39.520 you know not in

01:14:42.280 West Virginia and

01:14:43.020 I'll tell you is

01:14:43.580 when we looked into

01:14:44.500 this just generally

01:14:46.760 as it relates to

01:14:48.160 data that they

01:14:49.140 collect and now

01:14:49.820 what they're going

01:14:50.220 to say this is how

01:14:50.980 they do the

01:14:51.420 record-keeping and

01:14:53.620 this is which is a

01:14:55.040 fact book banks need

01:14:56.380 to record-keep but

01:14:57.780 they're weaponizing

01:14:58.640 that requirement of

01:14:59.920 record-keeping there's

01:15:00.700 not a lot of laws

01:15:02.700 and regulations around

01:15:04.660 how that data can be

01:15:06.020 used

01:15:06.420 scary times

01:15:09.260 Riley Moore he is the

01:15:11.740 Virginia State

01:15:13.000 Treasurer I wish you

01:15:14.020 would continue to be

01:15:14.920 the treasurer but I

01:15:15.820 know you're running

01:15:16.520 for Congress you think

01:15:17.560 you can make a

01:15:18.100 difference there and I

01:15:20.220 just I just thank you

01:15:21.680 so much for all the

01:15:22.480 hard work that you've

01:15:23.320 done

01:15:23.640 oh thank you so much

01:15:25.740 Glenn and look these

01:15:26.660 are the type of ideas

01:15:27.960 I'm going to bring to

01:15:28.740 Congress we need people

01:15:29.780 that want to fight and

01:15:30.700 just not sit on the

01:15:31.480 sidelines

01:15:31.960 absolutely thank you so

01:15:33.260 much Riley Riley

01:15:34.660 thank you Glenn you bet

01:15:35.640 Riley Moore one I mean

01:15:37.360 he is a leader in the

01:15:39.220 country on anti ESG I

01:15:41.380 mean he has been there

01:15:42.480 from day number one and

01:15:46.460 remarkable he's just a

01:15:49.140 pit bull on this stuff

01:15:50.240 all right back in just a

01:15:51.420 second there's a certain

01:15:52.700 kind of person out there

01:15:53.660 you almost instantly know

01:15:55.160 when you see them you

01:15:56.260 know who fits into that

01:15:57.200 category of above and

01:15:58.200 beyond you know the type

01:15:59.360 it's that person that

01:16:01.020 helps you box everything

01:16:02.140 up on moving day you

01:16:04.520 know for the low low

01:16:05.580 price of you know you

01:16:07.440 got pizza the guy that

01:16:09.600 comes down the street

01:16:10.380 who will mow your lawn

01:16:11.460 because he happened to

01:16:12.480 be out mowing the

01:16:13.220 neighbor lady who just

01:16:14.180 baked just too many darn

01:16:15.640 cookies this morning and

01:16:16.740 brought them to your

01:16:17.500 family and here's a

01:16:18.580 batch these people are

01:16:20.720 good people and they're

01:16:22.400 the kind of people that

01:16:23.420 we look for when we're

01:16:24.580 looking for the right

01:16:25.580 real estate agent for

01:16:26.740 you real estate agents

01:16:28.760 I trust calm is my

01:16:30.460 company and when it

01:16:31.420 comes time to buy or

01:16:32.560 sell a home you need an

01:16:34.240 agent at the top of his

01:16:35.980 or her game somebody that

01:16:37.360 you can trust somebody

01:16:38.720 that has the same ethics

01:16:40.640 that you have and the

01:16:41.720 same work ethics I mean

01:16:44.000 unless you're lazy

01:16:44.680 because these believe me

01:16:45.940 these guys are not take

01:16:48.420 the extra step we've

01:16:50.300 taken it for you just go

01:16:51.940 to real estate agents I

01:16:53.520 trust calm and interview

01:16:55.660 these guys before you do

01:16:57.100 anything just interview

01:16:58.020 them see if they're not

01:16:59.680 the right one to sell or

01:17:01.380 help you buy the next

01:17:02.480 house real estate agents

01:17:04.420 I trust calm that's

01:17:06.160 real estate agents I

01:17:07.520 trust calm join the

01:17:10.540 conversation 888-727

01:17:13.520 back the Glenn back

01:17:15.480 program welcome to the

01:17:21.000 Glenn Beck program so I'm

01:17:24.180 I'm thinking the closest

01:17:27.880 story to this in history

01:17:31.700 at least in the 20th

01:17:32.820 century was probably the

01:17:34.660 vote to go to war with

01:17:36.200 Germany and Japan that was

01:17:39.560 unanimous I think except for

01:17:40.920 one one person a communist I

01:17:42.840 think probably from Maine

01:17:44.380 might have been Bernie

01:17:45.200 Sanders voted against it

01:17:47.140 but you want to talk

01:17:49.120 about a bipartisan bill

01:17:51.360 the house voted 419 to

01:17:55.420 zero how's that even

01:17:58.760 happen 419 to zero and I

01:18:02.040 believe the Senate was 100

01:18:03.560 to zero wasn't it yeah it

01:18:04.880 was it was unanimous so

01:18:06.100 everybody who was there

01:18:06.940 voted for it uh have you

01:18:09.040 ever heard of never heard

01:18:10.400 519 people in Congress

01:18:12.320 voting all voting the same

01:18:13.780 way what they voted was uh

01:18:17.120 to declassify all the

01:18:19.540 information on COVID-19

01:18:21.420 origins so Republicans and

01:18:25.020 Democrats were in on this

01:18:27.680 bill now Joe Biden comes out

01:18:29.900 over the weekend's like I'm

01:18:30.920 not sure I'm gonna sign I

01:18:32.080 might veto that bill well

01:18:34.040 dude you don't have the I

01:18:35.180 mean if this is a real vote

01:18:36.380 you don't have the votes to

01:18:37.360 override it it it's not even

01:18:38.820 close not even close so what

01:18:43.360 is happening there I I mean

01:18:45.180 I haven't seen anything like

01:18:46.140 that have you ever seen

01:18:47.040 anything like this no I I

01:18:50.380 mean especially now in this

01:18:52.020 environment when they can't

01:18:53.220 agree on anything whether the

01:18:55.760 sky is blue or water is wet

01:18:58.060 that what is that all about this

01:19:01.680 is interesting it's very

01:19:03.100 interesting if it were real I

01:19:05.700 would be shaking in my boots if

01:19:08.140 I were Fauci because Fauci I

01:19:10.840 mean this shows everybody just

01:19:13.960 wants the truth now I don't

01:19:15.700 believe that but that's what this

01:19:18.400 would say in the utopia world of

01:19:21.120 America that's what it would

01:19:22.720 mean I don't know what it means

01:19:24.280 in this America but uh Fauci should

01:19:26.760 be worried and he already is he's

01:19:28.360 already changing he's already

01:19:30.380 changing his mind you know I don't

01:19:32.160 know if you saw this over the

01:19:33.000 weekend he's like yeah well I

01:19:35.000 mean their lab leak is uh

01:19:37.220 ridiculous unless you mean that

01:19:40.020 uh you know they went out and

01:19:41.700 collected some bats and brought

01:19:43.380 them back to the lab and somebody

01:19:44.920 might have been bitten or they

01:19:46.160 were doing some experiments on how

01:19:48.340 to stop this stuff and then he left

01:19:50.320 the lab yeah that's exactly what we

01:19:53.960 mean by a lab leak except do you

01:19:57.800 did he did he say you had to be

01:19:59.260 bitten outside of the lab yeah oh

01:20:01.560 outside of the lab yeah well while

01:20:03.180 you were collecting the yeah poop or

01:20:05.760 whatever you're doing you were

01:20:06.780 bitten you got bitten and you got

01:20:08.080 infected and then you went back to

01:20:09.380 the lab and then you left the lab

01:20:10.940 yeah bizarre explanation lab leak

01:20:14.580 that's not what we're talking about

01:20:16.320 he did say the other possibility is

01:20:19.000 that this virus accidentally escaped a

01:20:22.180 lab after being taken from the

01:20:24.980 environment but in seeing that we've

01:20:27.160 never found a bat or an animal or

01:20:30.240 anything else that has this the only

01:20:33.100 environment that it seems to come

01:20:34.840 from is a lab what if it was in from

01:20:40.060 another lab and they took it from

01:20:44.200 another lab that would write an

01:20:45.960 environment taken from an environment

01:20:48.340 and then brought to the Wuhan lab right

01:20:51.500 and then it escaped huh wow that'd be

01:20:56.400 naturally occurring right naturally

01:20:58.800 occurring we're just the definition of

01:21:01.000 is that's all we're looking at here

01:21:02.780 my gosh this guy is crazy he's trying

01:21:06.420 to cover his butt because he doesn't

01:21:09.760 want to get anywhere near the game the

01:21:12.020 gain-of-function research that was being

01:21:14.380 funded still is by us we still are yeah

01:21:19.060 in fact we're doing more than we did I

01:21:21.880 mean we are suicidal the people that are

01:21:25.000 in charge of this nation and our security

01:21:27.860 are absolutely crazy they're crazy

01:21:30.760 people yeah they're either incompetent you

01:21:33.740 know the Buddha judge and the and the Joe

01:21:35.680 Biden's or they're crazy and evil I mean

01:21:39.100 who's who does this you've got a virus

01:21:43.640 out it came from a lab it's clear it came

01:21:46.680 from a lab and you were like you know

01:21:48.960 what we need to do we need to keep doing

01:21:51.320 more of these things we should do you know

01:21:53.900 we've been doing a lot I think we should

01:21:56.320 do a lot more can anybody pick up a

01:22:01.220 sloth on the way in and let's just dig

01:22:03.740 under its fingernails see if we can find

01:22:05.520 something to kill people I mean holy cow

01:22:09.080 so irresponsible hopefully America wakes up

01:22:15.480 before the next pandemic that Bill Gates is

01:22:18.540 talking about almost like he knows

01:22:21.340 something but he definitely doesn't he's

01:22:23.760 just a farmer

01:22:24.640 we got no room to compromise

01:22:45.500 we gotta stand together it's a course of life

01:22:51.500 what you're about to hear is the fusion of

01:23:08.420 entertainment and enlightenment this is the

01:23:14.160 Glenn Beck program

01:23:15.260 hello America I don't know about you but I

01:23:20.640 feel very comfortable that Joe Biden came out

01:23:24.720 today and said that being money in the bank

01:23:29.080 ever covered and I thought wow he's he's on

01:23:35.540 top of it he's on top of it should we be

01:23:38.760 covering everybody's deposit at any limit now

01:23:45.100 I guess FDIC when it first started it was I

01:23:49.000 think $2,500 that's what you were and then it

01:23:52.840 was $100,000 back in the 80s now it well it

01:23:56.840 was 250 now I think it's whatever I'm I'm not

01:24:02.300 sure how all of this works Vivek Rameshwami who

01:24:05.440 is running for president says we should not be

01:24:09.280 bailing these people out that's great but very

01:24:15.180 frightening what does he think that would mean and

01:24:19.780 how do you get through the transition period we

01:24:24.700 talked to we talked to Vivek here in 60 seconds

01:24:28.700 standby tax time right around the corner and it is

01:24:32.100 stressful enough under normal circumstances but

01:24:34.600 imagine some cyber criminal comes on and steals your

01:24:37.760 information and you know you have they're not stealing

01:24:41.340 your information so they can pay your taxes it's

01:24:44.380 steal your information because you have a refund coming

01:24:48.440 and so the IRS has already written your refund check wouldn't

01:24:51.980 that be great it is really important to understand how

01:24:55.380 cyber crime and identity theft affect our lives

01:24:58.100 Christmas and tax time this is they are counting the days to April 15th

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01:25:38.800 well we have uh our good friend Vivek Rameshwami on with us hello Vivek how are

01:25:46.200 you good morning Glenn how you doing very good so um uh you came out and

01:25:53.660 explained the um uh the Silicon Valley Bank uh nightmare and what it's turned

01:25:59.880 into now there are three banks um and you have a different solution than

01:26:04.920 the federal government first can you in layman's terms explain what happened and

01:26:09.200 then what your solution would be yeah so let me just lay it out okay what

01:26:14.440 happened with Silicon Valley Bank took a lot of risks with depositor money by

01:26:19.360 buying what are called mortgage-backed securities that are sensitive to interest

01:26:23.960 rates that when interest rates go up they go down in value the problem for

01:26:28.000 Silicon Valley Bank is they also had their depositors the customers of the

01:26:31.660 bank were a lot of these tech startups in Silicon Valley who also lose money or

01:26:37.100 lose the opportunity to get money when interest rates go up so that put them in a

01:26:41.280 really tough spot when the interest rates went up as a consequence the bank

01:26:45.120 collapsed now a lot of those depositors those tech startups put way too much

01:26:50.440 money in this one bank it was a risk management failure it was a mistake

01:26:54.200 Roku the publicly traded tech company put over 400 million dollars in Silicon

01:26:59.480 Valley Bank that would you do that sincerely why would you do that well I

01:27:04.540 think Silicon Valley has suffered this hubris to think that they basically can

01:27:07.740 do whatever they need to financial risk management is passe so the way

01:27:11.560 capitalism works Glenn is that those who make bad decisions are held

01:27:15.480 accountable and their competitors are able to eat their lunch as a consequence

01:27:19.280 but here's actually what happened the government stepped in and said we're going

01:27:23.080 to bail out those tech companies those tech startups that banked at Silicon

01:27:27.160 Valley and then here's the dirty little secret Silicon Valley lobbied for years

01:27:32.680 saying that it was actually not a systemically important financial

01:27:36.480 institution so they could actually have lower capital limits limits allow them to take

01:27:41.360 greater risk but in their hour of need that same Silicon Valley crowd said no no

01:27:46.380 no this is systemically important and we actually need to get a bailout for those

01:27:50.020 depositors and then they spun up this narrative saying it's about the workers well we need

01:27:53.920 to make payroll and if we can't pay our workers if our money is lost as depositors

01:27:58.360 then it's not about us it's really just about the workers bunk don't believe it because

01:28:02.920 you don't know how it works I mean I know this I know this game well Glenn the way it

01:28:06.960 works is those businesses are the same businesses they were three weeks ago or a month ago or three

01:28:12.700 days ago so that means if the business model actually works investors can put in money to

01:28:17.940 make up for the losses in the bank account now that's not pleasant if you're a founder or a

01:28:22.780 venture capitalist because you take dilution from those new investors that means you own less

01:28:27.040 that means you make less money on the upside but that's no justification for public bailout that

01:28:32.660 would teach you not to put four hundred thousand four hundred million dollars into one bank

01:28:37.360 that's what it would teach you let alone let alone Silicon Valley Bank which itself was engaging in

01:28:42.140 this kind of risky behavior okay so um first of all this is um this is not just guaranteeing FDIC

01:28:52.480 200 and 250 thousand dollars this I I guess is for the 400 million it's for everybody yes right yes

01:29:00.520 if it's 400 million it's 400 million and that's what that's what irritates me Glenn there's two

01:29:04.560 sets of rules in this country the one set of rules is everybody says there's a 250 thousand dollar

01:29:09.320 maximum on the other hand if you're one of the favored darlings after the fact if things don't go

01:29:15.040 well your way they'll say ah we'll waive that just any of those depositors if they're tech companies

01:29:19.600 we'll give them the bailout now I I personally Glenn had multiple you know multi-billionaires

01:29:25.240 Silicon Valley elites calling me over the weekend they were worried about some of the stuff I was

01:29:29.520 saying they did not like my Wall Street Journal op-ed which ran yesterday online and what they

01:29:34.580 said is no no listen this is they tried every argument I mean they're like throwing spaghetti

01:29:37.980 against a wall trying to convince me what they're saying is oh no we're the engine of American

01:29:42.080 innovation why would you want to hurt this segment of the economy above all that really reveals the

01:29:47.100 hubris that they're the special chosen ones that somehow deserve to be bailed out well that didn't

01:29:51.660 work so then they said no no this is going to start a bank run across the rest of the United States

01:29:55.440 well as I laid out in my Wall Street Journal piece today you don't have to conflate how you handle

01:30:00.380 Silicon Valley Bank with how you handle the rest of the country so my view is the Federal Reserve can

01:30:05.480 step in and be a lender of last resort and if you really need to raise that FDIC deposit insurance

01:30:10.180 threshold which is a good debate to have if you want to do it do it for everybody prospectively not by

01:30:16.460 just playing willy-nilly picking favorites after the fact which is exactly what they're doing here

01:30:21.920 and I just think that most Americans understand that's a game under this is what fuels populism

01:30:27.600 it is justified populism because there's two sets of rules and in my case it's just that I understand

01:30:33.560 how that other side works right how this game is played but what disappoints me Glenn is a lot of

01:30:38.900 Republicans I mean they're really hiding in a cave on this issue I haven't heard anybody else

01:30:43.760 who's really out there taking a principled stand on this and I can see why because you know what I lost

01:30:50.580 many donors or prospective donors this weekend people who are allies love what I'm saying when

01:30:56.040 it hits too close to home when it hits them in the home nest at the level of their personal self-interest

01:31:01.160 even if they agree with me on principle you know I lose those people and that's a cost of actually

01:31:06.280 being principled but unfortunately many in the Republican Party are captured by this Silicon

01:31:11.260 Valley donor class and it's part of the reason why you see this muted tepid response where everyone

01:31:16.260 else in this GOP field is hoping and quietly waiting for this to pass like a passing storm

01:31:20.860 I think it's an opportunity to actually stand on principle just like we should have done back in 2008

01:31:25.160 when a Republican administration bailed out those banks which is a sin we're still paying for

01:31:29.620 so um I uh I was texting back and forth to David Sachs over the weekend and he was adamant

01:31:36.720 you were irresponsible for saying these kinds of things because it would collapse us down to four big banks

01:31:44.760 so David Sachs is a good human being I really like him blinded he is blinded by self-interest and

01:31:52.660 that's not that I mean just human nature right you're blind the things you and even I hear he

01:31:56.000 says it on his podcast all the time actually right follow your self-interest so in some ways he's

01:31:59.920 following his own advice but this is what you saw is a lot of fear-mongering in the country

01:32:03.880 they were almost rooting for the bank run risk because that then increases the likelihood of the

01:32:08.800 bailout for their depositors which include their venture-backed portfolio companies and they got it

01:32:13.580 so kudos to them for winning the game of crony capitalism but I'm not playing the game of

01:32:17.520 capitalism I'm running for president of the United States we have to look for what's actually right

01:32:20.940 for the country and I think what's right for the country is to have the same set of rules apply to

01:32:25.980 everyone and these were the very same people Glenn who not very long ago you know the libertarian

01:32:30.620 Silicon Valley crowd David Sachs types included would say that no no we need lower risk requirements

01:32:35.720 for these kinds of banks because they're not systemically important only to now argue that in fact

01:32:40.700 they are systemically important now here's what I'll say something in favor of what folks like him

01:32:45.440 and I probably agree with the deeper problem here is a federal reserve that has tried to play god

01:32:50.380 for too long but playing god with a fat finger right so they haven't even done a good job of playing god

01:32:55.540 one of the things that I'm focused on as a presidential candidate and hopefully as the president of the

01:32:59.380 united states is to finally reform the federal reserve part of that managerial bureaucracy but to go back to its

01:33:05.720 role of ensuring the dollar as a unit of measurement period none of this other inflation versus

01:33:12.960 unemployment god playing no they're done with that they've proven themselves to be catastrophically bad

01:33:18.160 at it and I think that's something that you have to deeply understand and have conviction and as a

01:33:21.700 president because the system will come back for you and tell you all the reasons you can't do that

01:33:25.380 my conviction in this is deep okay so wait wait wait wait just a second vague I mean I'm I'm I'm with

01:33:32.200 you I love it but look what the system did to Donald Trump just destroyed him and I'm I'm convinced

01:33:40.680 it was because he wouldn't put up with a lot of the stuff that is great reset stuff just wouldn't have

01:33:47.120 done it and they needed to get him out um you know Ronald Reagan tried to take on the fed and

01:33:53.440 they made his life quite miserable for a while how with this strength and the kind of money now that

01:34:01.740 is as is sloshing around with the federal reserve and all of the banks and the power the government

01:34:08.880 has given these banks how do you expect to pull this off without them just tubing it and getting their

01:34:15.340 way so I'd say something I don't fault Donald Trump from it I want to learn from his experiences and

01:34:21.180 I already have Glenn in understanding that you can't just reform some of these managerial

01:34:25.640 bureaucracies excuse me I just need you can't have I'm so allergic to this idea allergic to the

01:34:32.060 administrative state you know so you can't just reform them you have to actually gut them all the

01:34:38.220 way and so what they told Donald Trump and what a usual president will be told is no you can't fire

01:34:42.540 them due to civil service protections I disagree in fact I'm going to be extensively on the legal and

01:34:47.560 constitutional analysis here article two of the constitution and even the statutes themselves

01:34:51.740 empower the chief executive to actually run the government that's why this has to be done by an

01:34:55.680 outsider somebody who's risen through the political ranks they've already had been indoctrinated by

01:35:00.600 even if they want to do it they believe they can't I think you have to come in as an outsider to

01:35:05.160 understand that the right way to do it is you fire them you fire the managerial industrial complex

01:35:09.740 around them you fire the legions of people under them reform is impossible you have to actually

01:35:15.080 gut the whole thing and replace it with something new built from scratch and yeah after I've called

01:35:20.480 for shutting down the department of education I'm glad that in recent days President Trump said the

01:35:25.040 same thing that he would favor it now he didn't do it four years in office I'm not blaming him for

01:35:28.600 that we're learning from his experiences to lay the foundation but I think you get to be an outsider

01:35:33.240 once and I want to come in and as the new outsider break the system and I don't aspire to be president

01:35:37.880 for you know my the end goal of my career there's more things to go on and accomplish in life

01:35:42.540 than that but this is a moment that demands that kind of outsider who operates with their

01:35:47.120 own personal understanding not because an advisor told you not because some sort of team prepped you

01:35:52.100 with a policy binder with nine points in it in many ways they come from the swamp itself you need

01:35:57.060 somebody whose first personal conviction is so deep that they can actually see it through and get it

01:36:01.740 done and that's what motivates me to do this as a combination of a constitutional scholar on one side

01:36:06.940 but actually somebody who's built businesses on the other that's what compels me to say it's not some

01:36:11.140 hubris that I you know believe I want to be a politician I think that this is what it takes to

01:36:15.280 get the job done in this moment Vivek Ramaswamy thank you so much Vivek what's your website if

01:36:20.440 somebody wants to get involved in your campaign yeah vivek2024.com v-i-v-e-k 2024.com and I guide

01:36:29.320 people to the one dollar or the five dollar number small is small is perfectly good but join the

01:36:33.880 movement and elevate these ideas in the debate stage that's the next goal thank you very much

01:36:37.680 Vivek appreciate it god bless thank you glad you bet uh I don't uh I don't think I need to tell you

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01:38:00.940 so still i mean pat um pat sitting in for stew this week who's on vacation um you know you you listen to

01:38:18.440 him and i'm all with him but i don't think america understands the pain that is coming

01:38:26.500 no because nobody's talking about it it would it it will be substantial to that that pain oh my gosh

01:38:33.880 but it'll be game changing for us yeah and so there's that little mixed emotion you feel

01:38:40.920 bail him out saves you the pain for now it'll just be worse down the road yeah or do you want to

01:38:47.400 experience some pain now uh just go through that but maybe wind up in a in a better place well i

01:38:55.040 will tell you it's um if we would have had the pain back in 2008 it would have been a lot better

01:39:04.840 because we wouldn't have had the moral hazard and we wouldn't have been so far away from the

01:39:09.580 constitution with so many marxists and everything else you know what i mean yeah we would have had the

01:39:14.340 pain and gotten it over and reset things now you know there is all kinds of infrastructure with the

01:39:22.460 great reset and everything else that's just waiting for us to fall had that been done in 2008 as well

01:39:27.920 you would have had consequences that people correct realize it i can't do that again correct doing it

01:39:32.780 all again i know and is the same people in many cases yep and this time it might be better to have

01:39:40.000 it happen now than it would be in two years yeah i mean you know we talked it would be we talked to

01:39:45.700 christy noem uh today and notice when that ucc bill uh goes through uh when they actually declare

01:39:53.020 that uh central bank digital currency is money and things like bitcoin is not that starts in 2024

01:40:01.160 that's the that's the year you would do it if if you think you might lose the white house and the

01:40:07.780 senate right you do it then yes so you know part of me i don't i hate pain it's that you know what

01:40:18.420 we all do yeah it's like ripping the band-aid off you just got to rip it off because it's ugly and

01:40:23.980 bloody and it's going to be horrible nobody wants to do that right well i think if americans were given

01:40:31.120 the choice and they were it was explained to them they were what's going to happen look this is what's

01:40:35.960 going to happen but this is what it's going to look like but who would do that who's going to

01:40:39.240 explain it to them well other than us uh yes right but like elected officials are any elected officials

01:40:45.940 going to say look we're in trouble or i think even people like us without a media that is saying

01:40:52.100 you're a conspiracy theorist yeah you know it's so easy nobody wants to believe this stuff you know

01:40:58.680 you don't want to believe this and so the minute somebody gives you well it's conspiracy theory

01:41:04.200 oh that's not going to happen oh it wouldn't be like that you are likely to take that boat

01:41:10.240 yeah you know and that's what's killing us is all of the disinformation and misinformation

01:41:15.720 that's coming from our own government that to me is just outrageous by the way on this very issue

01:41:24.580 we have thomas massey congressman from uh kentucky on with us in just a minute and he's he's talking

01:41:31.120 about last night he was in a meeting and a democrat asked we are silencing people that are

01:41:38.900 talking down the economy right they said well we're working on it we'll get back to you

01:41:43.200 yeah that's crazy unbelievable just crazy we're just it's just not america anymore and by the way

01:41:50.140 wasn't thomas massey the one who was asked when he was talking about disagreeing with the with the uh

01:41:56.920 i think it was a msnbc host she was saying to thomas massey that uh things were gonna uh spiral

01:42:06.160 out of control and he said well i disagree with that and she said well yeah but do you have a degree

01:42:11.300 uh in economics yes uh yes i do uh the highest yeah um what what kills me is they keep saying

01:42:21.260 that they're not censoring people that these twitter files are nothing but gobbledygook made up by the

01:42:29.120 right and yet they are coming out and saying to censor people we need to silence people yeah you know

01:42:37.140 tucker carlson is dangerous we got to silence him i mean this is an honest question how do our how do our

01:42:46.240 friends who are are on the left are not on the left but are liberal and have you know they're democrats

01:42:53.980 how are they missing this how do they not see it i honestly don't understand how do they not see it

01:43:02.900 i wonder that every day about various topics not just economic but i mean you look at a president

01:43:09.860 who's cognitively declined the way he has how do you not see that how do you not get it

01:43:16.920 i mean there's no words yeah i mean i guess you just i mean you have to at this point

01:43:24.400 either have intentionally tuned everything out and you're like it's not gonna make a difference

01:43:30.480 anyway they're just arguing and you tune out which is so dangerous or you're just but stupid

01:43:35.000 is that the other alternative well there is that alternative too and i i fear a lot of times

01:43:41.880 that that is exactly what is happening in this country yep all right back with thomas massey here in a second

01:43:48.460 the glenn back program

01:44:04.300 so i want to talk to you about jerry who is just tough as nails he grew up on a farm by the time he

01:44:10.120 was an adult incredible shape long hours of farm work years of playing soccer and boxing i mean

01:44:16.460 basically we led the same life jerry uh as as he got what are you laughing no that's what that is

01:44:23.600 what do you mean yeah i know jerry probably didn't do all the things i did uh as he got older jerry started

01:44:28.940 to notice that he was developing a lot of pain through his body amen here we are again uh all

01:44:34.560 that exercise and hard work began to catch up don't i know it brother he didn't feel good anymore

01:44:40.360 and that's when he discovered relief factor jerry we're like twins within a few weeks of taking it

01:44:46.660 jerry's pain was down to a minimum today he is active and doing all the things he wants to do

01:44:53.820 jerry got his life back with relief factor so can you three week quick start 1995 trial pack

01:45:00.380 thousands of people have tried it 70 of them go on to order more after the three weeks try it

01:45:06.700 you'll know if it's not working just stop taking it if it's working for you

01:45:10.620 you've got your life back with relieffactor.com 800 the number four relief check out my show pat

01:45:19.040 gray unleashed every weekday live from 7 to 9 eastern 6 to 8 central or anytime and anywhere you get your

01:45:25.640 podcasts

01:45:40.620 from kentucky congressman thomas massey joins us he uh sent it is a really um disconcerting uh tweet

01:46:00.140 last night i saw uh just got off a zoom meeting with fed treasury fdic house and senate a democratic

01:46:07.240 senator essentially asked whether there was a program in place to censor information on social

01:46:13.200 media that could lead to a run on the banks welcome thomas massey thanks for having me on glenn

01:46:21.120 that's terrifying really happened yeah now he may have uh he may say if people ever figure out who he is

01:46:29.840 that he was talking about foreign influence and he was worried about foreign influence but uh i he didn't

01:46:36.800 he didn't qualify it that way and i presume he meant to censor true information that could be

01:46:44.840 harmful to banks that may or may not be put out by americans that is chilling i will tell you thomas

01:46:51.520 this is exactly what they war gamed i think it was in december i can send this information to you if i

01:46:57.080 if i look it up um and you want it it was from uh the world economic forum they did a war game and

01:47:03.740 that's one of the first things in a banking collapse that the world economic forum said they had to

01:47:09.900 develop a way to stop all voices that are are um offering anything other than the central bank

01:47:18.860 narrative all right also uh this is within dhs there's something called cisa c-i-s-a and michael

01:47:28.160 schellenberger who's one of the people who exposed the twitter files he showed me that it's in their

01:47:33.600 charter to uh to censor stuff that could be harmful to the financial system of our country they

01:47:40.440 consider that you know national security so uh you know then i think they may have scrubbed that off

01:47:47.280 their website since then but this is really chilling and i'm not trying to cause a run myself by

01:47:52.960 exposing that a senator suggested that the congress or these agencies should be censoring americans when

01:47:59.360 they talk about the financial health of banks but it needs to be out there i think it's the senator

01:48:05.640 himself who suggests the censorship that is causing concern among americans i really think thomas if

01:48:12.100 people were just told the truth and treated like adults we would be fine and we would be able to

01:48:18.740 handle it i think there's a lot of people who are like let's just get this over with um it we have

01:48:24.200 made this so much worse and i don't understand what what's happening now so the fdic is just

01:48:30.600 if i got 400 million dollars in a bank account they're going to cover it here's the problem the

01:48:36.780 money they've got in the bank was premiums that were paid to cover insure people who've deposited less

01:48:43.380 than 250 000 so the fdic is pushing all their chips on the table because they don't have enough

01:48:50.100 money to cover everything they've only collected premiums to cover 250 000 they're pushing all their

01:48:56.280 chips on the table because they know they can cover it for two or three banks but after that then what

01:49:01.380 then what well then they've spent all the money that's supposed to protect the people under 250

01:49:07.040 000 like common americans so the the treasury has this program that they announced last night as well

01:49:15.280 uh i'm sorry the federal reserve they're like a hand in a glove the federal reserve has a program

01:49:21.760 where if banks bought treasury bonds at low low rates and got themselves locked in for 10 years and

01:49:29.260 can't pay their depositors back because these treasury bonds are only worth 80 cents on the dollar

01:49:34.080 then the federal reserve will loan the bank's money at a dollar on a dollar not the real value of those

01:49:40.440 bonds but whatever they bought them for so that's going to be inflationary because the federal reserve

01:49:47.780 is going to kick more money in who is you know this i want to quote the president from his speech today

01:49:53.840 no losses will be and this is important to make this point no losses will be borne by the taxpayer

01:49:59.920 let me repeat that no losses will be borne by the taxpayer instead the money will come from the fees that

01:50:06.260 banks pay to the deposit deposit insurance fund well have you seen that fund how much money is is on

01:50:14.340 that balance sheet uh why hasn't it ever been raided to save social security or whatever um but um how

01:50:22.020 much is there how much can they cover and if they can't cover it i know the fed will say they're going

01:50:27.400 to do it but aren't we the one that is on the hook for everything the fed spends or prints

01:50:34.900 uh the liberals hate it when when when republicans say thoughts and prayers but i heard chuck schumer

01:50:41.220 last night said that he hopes and prays that what they're doing is enough the reality is they can't

01:50:50.440 do this for every bank so they're going all in on the first few banks to instill confidence but

01:50:55.780 for the president to say no taxpayer dollars that's uh ignoring the the uh federal reserve program that's

01:51:04.220 kicking in because if that causes inflation the fact that the federal reserve is going to loan to

01:51:09.220 banks using as collateral their bad debt that they got from the u.s government by the way it's not bad

01:51:15.420 because the government will default it's bad because they're locked in for 10 years at pitifully low

01:51:21.400 interest rates and um if they try to sell those on the market they're not going to get the money they

01:51:26.580 paid for it so that's going to that's going to dilute the value of your money if i could go real

01:51:33.560 quickly through four roles that the federal reserve has played in causing this problem sure first they

01:51:38.820 were santa claus the federal reserve was santa claus they kept interest rates at zero percent or damn near

01:51:44.420 close so that wow we could borrow money at the u.s government and spend it and everybody can invest and

01:51:49.780 it's it like heats up your economy by the way it also drives the venture capitalist into the venture

01:51:55.720 capital market uh because they can't get any money on safe investment then the fed becomes the arsonist

01:52:02.460 when they when they create five trillion dollars out of thin air during covid that's what's caused

01:52:07.660 this inflation but don't worry the federal reserve shows up a couple years later as the firefighter

01:52:12.540 they're going to douse the economy by raising interest rates faster than they've ever been raised before

01:52:18.040 so now they've been santa claus the arsonist the firefighter last night we found out they're

01:52:23.140 going to be a trauma doctor they're going to come in and do triage on these banks by loaning the money

01:52:28.160 for things as that are collateral that aren't worth what they say they are so and now we're going to

01:52:34.460 rinse and repeat this will this will just keep happening the federal reserve is largely responsible for

01:52:40.600 this uh there needs somebody needs to account for it and uh that's that's the problem this is

01:52:47.880 long covid response you know they talk about long covid this is the result of the cares act and all

01:52:54.000 the other stuff that spent five trillion dollars we didn't have it's now coming home to roost

01:52:58.420 so you're a smart guy there's a smart audience um what what do we do to prepare because this is going

01:53:08.680 it will fail and i fear that they are setting us up for a new currency a new digital currency

01:53:16.860 which every time the united states has changed currencies uh you've lost at least 40 percent of

01:53:24.380 everything that you have uh but this will put us into a digital currency which has all kinds of

01:53:30.580 ramifications what do we do to prepare well i wouldn't run on your own bank okay

01:53:38.500 yes uh i haven't i have i have not taken any money out of my bank i don't have a lot of money

01:53:44.900 in the banks uh so maybe that's not too comforting one way or the other but i wouldn't make a run on

01:53:52.180 the bank but longer term in your life plan i wouldn't keep a lot of money in cash i wouldn't keep a lot

01:53:58.720 of your resources in cash uh land is a good investment you know i don't want to be an investment

01:54:04.160 advisor either but uh have durable goods and things that people always want would would be

01:54:11.340 my recommendation not today we will get through this somehow the clowns who are who are managing

01:54:17.960 this crisis will clown their way through in some way and at the end of the day probably they're going

01:54:23.220 to cause more inflation is what's going to happen at the end of the day because they're going to use

01:54:27.440 your money to protect the banks and the high dollar investors it's it's socialism they are they are uh

01:54:35.720 it's not capitalism it is crony capitalism the the investors well if they do well they get to keep

01:54:43.140 their profits if they do poorly we use the americans through the federal reserve to uh to make them whole

01:54:49.520 for their bad investments and isn't it isn't it interesting that they are the bank for

01:54:54.840 most of the green new deal stuff uh they are they're the bank that's that's funding all of the

01:55:01.800 all of these harebrained ideas yeah that was part of that here's the irony the venture capital money

01:55:09.500 that was supposed to fuel the startups in our economy is stuck in our federal debt right now they

01:55:15.880 it our our debt our desire to spend money at congress is so overwhelming that we eventually sucked in

01:55:23.100 that venture capital money that was supposed to fund these startups it ended up stuck in our treasury

01:55:28.880 so let me switch subjects um there is a story that i have never i've done this for almost 50 years

01:55:35.980 i've never seen a story like this congress votes unanimously on a bill the senate votes unanimously

01:55:49.340 on a bill and then the president's not sure he's going to sign it the the closest to unanimous i think

01:55:57.400 was world war ii and there was one person that stood against it how did congress all vote every single

01:56:05.900 one of them to investigate the origins of coville the covid what's going on there

01:56:12.180 i asked this same question in a hearing in the rules committee like the president could declassify

01:56:19.500 the origins of covid the information that we have uh and its relation to the wuhan institute of

01:56:25.960 virology he could do that today he could have done it a year ago two years ago he's chosen not to do it

01:56:31.460 now the entire senate and the entire house has voted for him to do it uh he could veto it but his veto

01:56:39.140 is going to be overridden what the answer i was given uh in a hearing that's not much watched

01:56:46.480 uh so it is public but it's still kind of hidden is that the president because of foreign relations

01:56:53.100 with china it needs to look like he's forced to do it uh so that he doesn't disrupt the relationship

01:56:59.980 with china if he if he did this on his own it was and i guess i'm spoiling the whole punch right now but

01:57:06.660 surely we're running this whole thing on tiktok so it's going right to presidency

01:57:13.540 surely but i mean these are like little kids could come up with these plans surely the chinese see

01:57:21.960 through that uh but that was the only reason that i was given that made any little bit of sense

01:57:28.660 well it's also weird that every single person voted for it out of out of what 520 people uh

01:57:39.940 and the and the viewpoints that a lot of people have that this is absolutely not from china and

01:57:46.900 and and uh the lab it's absolutely i mean they have made such a stink every single one of them

01:57:54.220 said yes we want the house to investigate we want people to uh we want the president to release

01:58:00.580 all of the classified information just release the classified information on the origin i think

01:58:07.160 this is not a conspiracy you can theory it's not a conspiracy theory you can find evidence of this

01:58:13.660 everywhere but i think it's going to lead back to the united states that you know we were working

01:58:20.500 with them on this virus yep we were funding it i mean that's going to you know and so i think

01:58:27.200 they're trying to slow walk that realization that the american government used your tax dollars to

01:58:34.280 create a disease that killed hundreds of thousands of americans they like that is the biggest argument

01:58:41.640 against growing government i have ever seen and they're trying to they're trying to keep by delaying

01:58:48.700 the release of all of this stuff they're hoping you forget why grandma died uh when you come around

01:58:55.120 to realize that we created the virus good god god bless you for being there man i don't know how

01:59:02.520 you do it but i'm grateful you're there thomas massey thanks glenn thank you for having me on you

01:59:09.280 bet bye-bye bye-bye should talk to him more often he is really really smart way back in january i told

01:59:16.260 you the uh u.s breached our uh debt ceiling eight months ahead of schedule fast forward to today

01:59:21.520 absolute zero progress has been made by the biden administration in negotiating a meaningful increase

01:59:28.020 and uh any kind of decrease in our spending uh in fact they've managed to go backwards i know shocking

01:59:36.660 business insider put out a great report recently it says um uh you can find it on the gold line website

01:59:43.080 it says deal of the week page it uh a debt default could happen as soon as july if so the country would

01:59:50.540 face its biggest financial crisis in history we don't need that we already are dealing with this

01:59:55.260 today and you know what happened to gold ah gold went up hmm who would have thunk it please protect

02:00:02.840 some of what you have in a bank with precious metals please call gold line 866 gold line 866 gold line

02:00:12.440 think of the silicon valley bank as a wake up call call gold line right now the original one ounce

02:00:20.420 copper great seal rounds with every qualifying order of five dollar gold liberty or indian coins

02:00:25.840 you acquire you can buy indians and liberty coins in tubes or boxes of 20 call gold line about the

02:00:31.920 difference you're going to get a boatload of free copper as well as a thank you just go to goldline.com

02:00:37.480 call them now 866 gold line 866 gold line this is the glenn back program

02:00:43.940 okay um as if we needed something else a giant seaweed bloom

02:01:07.340 so large it can be seen from outer space may be headed towards florida's gulf coast

02:01:12.940 the sargassum bloom is 5 000 miles wide twice the width of the united states believed to be the

02:01:22.680 largest in history it drifts between the atlantic coast of africa and the gulf of mexico it has a

02:01:29.860 thick mat of algae but here's the good news it can provide a habitat for marine life

02:01:35.840 and absorb carbon dioxide so it's good for the planet oh good the problem is

02:01:42.360 it's bad for coral because it can be deprived of sunlight and as the seaweed decomposes it releases

02:01:50.360 hydrogen sulfide oh well don't worry about that just get uh our secretary of transportation down

02:01:56.500 there buddha judge he'd be there you know in no time uh and it and it negatively impacts the air and

02:02:03.100 the water causing respiratory problems uh for all the people in the surrounding area but also makes

02:02:08.600 swimming difficult right you know does yeah yeah nobody wants to swim through seaweed so well and

02:02:15.740 it's also going to clog the valves of power plants and desalinization plants but the good news is

02:02:21.180 it will suck in some of the carbon so there you go the planet will be cooler perfect so screw the

02:02:30.060 people it's the people that screwed it up it's right planet knows it's been it's been sent

02:02:36.480 by the fish people

02:02:39.700 all right don't panic everything is uh everything is fine we'll get through this together and we'll see you

02:02:49.820 tomorrow i mean i don't know if we're gonna get past the seaweed thing no that's probably

02:02:54.800 everybody's gonna die from that probably but but you don't need to worry about the banking thing the

02:02:59.540 glenn back program

The Glenn Beck Program - March 13, 2023

The Real Villains in the Silicon Valley Bank Failure ｜ Guests： Gov. Kristi Noem & Vivek Ramaswamy ｜ 3⧸13⧸23

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