We're Giving It Away? |Guests: Ben Ferguson, Teeka Tiwari & Graham Allen | 12⧸04⧸18
Episode Stats
Length
1 hour and 52 minutes
Words per Minute
181.19312
Summary
Glenn Beck explains why the UK is banning the phrase "Bringing Home the Bacon" and why we should be worried about it. He also explains why China is not doing Brave New World as it has been in the past.
Transcript
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You know, has anybody watched the movie 1984 George Orwell lately?
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I think it was in the first or second season where they strapped the rat cage to the guy's
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And the rat burrowed his way through the person.
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Yeah, that's kind of an old timey version of 1984.
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A vision of a world with authoritarian government that controlled every aspect of its citizens'
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It not only suppressed free speech, but it was in the business of actually changing the
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And Orwell's fictional country was based on the anti-America, the exact polar opposite or
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A reality our Constitution specifically protects us from, but also a world that Orwell knew was
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Everything in this modern, evolving and technological world.
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I won't mention places like Russia, as things like oppression, surveillance, censorship is
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But what is happening in the UK now is downright scary.
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People like Tommy Robinson, he's getting arrested in the street for filming iPhone videos of Muslim
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rape gangs as they are going into the courtroom.
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Back in the summer, when people gathered around the hospital to protest the killing of another
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baby, the euthanization of a baby, the UK police announced that they would be monitoring
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Facebook and social media for anything critical of the government's medical decision.
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I don't think it gets any more George Orwell than that, does it?
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Now they've announced that if you live in the UK and you use the phrase, bringing home the
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bacon, or the phrase, don't put all your eggs in one basket, that's going to be banned
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Apparently, it's offensive to vegans who don't bring home the bacon, and Muslims who don't
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An academic in the UK wrote recently with the need to do away with such offensive language.
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And as ridiculous as it sounds, they're going to do it.
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But this is the world of relativism, where there is no right or wrong.
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Whether you can speak or not is all dependent on who is in charge of what is politically correct.
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Whether something is right or wrong is relative to whatever random person or group thinks is
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right or wrong, and you better hope that that group that thinks you're wrong never gets into
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But it may not be relative to an authoritarian oppressive police state.
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I'd like to argue that even though the government is limited in what it can do to us, we're already
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giving up our rights freely, and we're not even realizing it.
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One was done through happy pills and in advertisements.
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And the other was through just this authoritarian state that would strap a rat cage to your face.
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One's being done in China and one's being done here.
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Is there a difference between banning a saying like bringing home the bacon and the current
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discriminant re-platforming or de-platforming going on with companies like Facebook, Google,
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The CEO of Apple, Tim Cook, spoke yesterday about how he feels about de-platforming and free speech.
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I believe the most sacred thing that each of us is given is our judgment, our morality,
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our own innate desire to separate right from wrong.
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Choosing to set that responsibility aside at a moment of trial is a sin.
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So, he was talking about de-platforming and how not silencing voices is a sin.
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No, remaining silent in the face of evil is evil itself.
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Now, these are the words that I would expect coming from, you know, the leaders of China
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or Russia, not from a CEO living in the freest nation on the planet or what used to be.
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Last December, Tim Cook spoke in China and told the Assembly that China's vision for the
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Internet is, quote, a vision that we at Apple share.
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China's view of the Internet is ultimate censorship.
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It is a tool for propagandists to fuel the police state.
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This is the future of Silicon Valley, and it's the future that they foresee for us.
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Orwell's nightmare could not be completed under our Constitution.
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The government can't take away our rights as they do in places in the UK or in China.
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We're giving our freedom of speech away freely to the overlords at Facebook, Google and Apple.
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We welcome to the program Mr. Andrew Heaton, who is new and joining us from the blaze and has his own podcast.
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Yeah, so I know you're a libertarian, and you and I disagree on several things, but we like each other, and we agree on most things, wouldn't you say?
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How are you feeling about the whole freedom of speech thing that's happening not only in England and China, but also here now in a different way?
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I think that there's two things that are worth looking at.
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There's the legal side of it, which in the United States, we're pretty good legally in terms of freedom of speech.
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That's not so much under assault, but there is a culture of freedom of speech, which I do think is problematic.
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We're seeing that in general where you're going to get in trouble if you say a particular thing, and we're kind of tightening the bandwidth of what we can discuss, and that I'm very much concerned about.
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I mean, if you are in college and you are taught that you have a right to silence someone, you're going to be the next generation that will change the rules.
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Have you had Greg Lukianoff on your show before?
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He wrote a book called The Coddling of the American Mind, and I was reading through it.
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One of the things I want to talk to him about, the book seems to get into, is we're both in media, and so it's difficult for me to determine, see, on college campuses, are college campuses more opposed to freedom of speech now, or are we just talking about it more?
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And the book would indicate that quantitatively it is, in fact, they're disinviting more people.
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It seems to kind of kick off around 2013, and he's got some interesting theories as to why that is.
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And I would say, as a comedian, I think the two places that we should actually have freedom of speech.
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No, I mean, but listen, comedy, you watch television now.
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They just want everybody to go, oh, yes, that's right.
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I would say political satire for sure is in a slump right now.
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And it's funny, too, because it's not, when I tell people I do comedy, they go, you must love the Trump years.
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I mean, for one thing, from just from a practical standpoint, in terms of making jokes, you want to be able to heighten.
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And so if if if President Trump is like, I don't know, trying to hit Rosie O'Donnell with golf balls from a battleship, and that's like the actual headline of the day.
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Like, that's what he kicked his morning off with.
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Let me let me bring you back to China here for a second.
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Chinese journalist Liu Hu was it was a guy who's always had trouble with the authorities.
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He had been exposing corruption and wrongdoing in the government for a long time.
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He's used to apologies that he has to make for forced apologies.
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Nevertheless, he continued in doing what he was doing.
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Nevertheless, he persisted, he persisted until one day in 2017, when he logged on to a travel
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site and he couldn't book a flight anywhere because the site said he was not qualified.
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He couldn't shop at any store that he wanted to go into.
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He was basically shut off from absolutely everything.
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And there's now 7.5 million people on this list.
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The dishonest person's subject to enforcement list.
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This is all part of their their social credit score.
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And China monitors absolutely everything their citizens do and think their political opinions,
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their shopping patterns, their travel history, their Internet friends.
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Now, imagine a world here in America where you could no longer be able to buy or sell or
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open a bank account, get a loan, use public transportation or get a job.
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They are putting surveillance cameras up in the schools so they can constantly monitor
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The surveillance cameras took data on the individual facial expressions and eyes and use
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that information to create a running score on each student in class.
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If a score reached a predetermined point, the system triggered an alert.
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Teachers were expected to take action to talk to the student perceived to be a
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Now, this sounds like crazy dystopian stuff that only China would do.
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May I remind you that that is exactly how Bill Gates designed and described Common Core, that
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every child would have a screen in front of them with a camera monitoring their eyes so
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they could see the blood pressure in their eyes.
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They could see everything and engage, see when the student was engaged, when they weren't
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engaged, except this was for the teacher's benefit.
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And he said, over time, we'll be able to use that data to be able to figure out who slots
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By the fifth grade, we can find out, you know what?
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He's he's really going to be good at construction work.
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And so he'll go fast track on construction work.
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Now, this sounds, I guess, to some people like utopia.
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What did you want to be when you wanted when you were growing up?
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When I was a little kid, I wanted to be a scientist.
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And then when I was in high school, I figured I would either be a politician, an actor or
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a priest, which in Oklahoma, you can do simultaneously.
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You can be all free if you live in Blanchard County.
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And it's I think you kicked off the show with this comparison between Brave New World by Aldous
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Huxley in 1984, which I think is great, by the way.
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And we've we've been in the Aldous Huxley realm.
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Yeah, I think we're I think it's happening at the same time.
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We've been arguing which one was going to happen.
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You have to sell it one way to us and another way to the Chinese.
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They're all just saying, oh, no, this is great.
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So I right before I came over here and started working in the blaze, I was in I was in China
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this summer for the China International Stand-Up Comedy Festival in Shanghai.
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And I got to I got to finals, by the way, which is pretty good for a guy that doesn't speak
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But they they were very clear, like you cannot say anything about Tibet, Taiwan, Tiananmen
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Square or any existing member of government, whether it's good or bad.
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And they were and I didn't because it would have got the comedy club in a lot of trouble.
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The interesting thing was, if I brought up something about genders or something, you
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I could tell that the audience was a little I was less worried about angering someone
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there than places have been in America on a social level.
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But when it got to anything political, even remotely, like at one point, I mentioned that
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I couldn't access my email because they've they've outlawed Google over there.
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They only have one government monitored app for all social media so that they can.
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And I mentioned that you could just you could hear everyone in the room just go and and get
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very uncomfortable for fear of what was going to happen next.
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But that is a that is a kind of I don't know what you call it, a prosperous totalitarian
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state or an increasingly prosperous totalitarian state like the Soviet Union fell apart.
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And and Gorbachev, who I like because he was a death knell to the Soviet Union, had sort
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of banked on them being able to open up with freedom and let that happen.
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China has gone the other way where they're like, well, we're going to give you some market
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freedom, but we're going to keep this tight, tight, tight grip on all civil liberties.
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We're going to keep this tight grip on censorship and everything else.
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And you need to be in favor of the state at all times.
00:16:47.520
Well, they are not going to be able to they're not going to be able to reverse that now.
00:16:53.200
I mean, I don't know how the Chinese people get out of this now.
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I imagine you're following the stuff happening with Uyghurs and Western China.
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And they're and they're and they're documented with biometrics.
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I mean, like there are people talking about how and it's and this isn't I need to stress.
00:17:17.760
And I mean, this isn't like I'm not reading fringe stuff.
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This is folks that are, you know, very well documented that are being cataloged by the government.
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There is fringe stuff about like like organ transplants and stuff that we can get into.
00:17:30.680
Well, I want to tell you, did you hear about the guy?
00:17:34.480
Did you hear about the guy that I think was last week or two weeks ago that said he I think you brought the story to the news and why it matters.
00:17:42.760
The guy who said he made a clone or no gene splicing.
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Although I will say the Chinese government was opposed to it.
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We merged yesterday with CRTV, and we are creating the Blaze TV.
00:19:31.540
Now, this is something that I've talked about for a very long time because I saw deplatforming happen, you know, at Fox.
00:19:37.580
That's basically what they tried to do to me is deplatform through sponsorships.
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But we have started a subscription base, which has been the anchor and has kept us afloat when there is trouble.
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However, this is not just an individual problem.
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And so CRTV and I got together and we talked about merging.
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And it's we've talked about it for a while, but we finally were able to put it together where it made sense.
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And so now Blaze TV has everything that CRTV used to have now under the name of Blaze TV.
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They have joined forces with us and we are thrilled, thrilled to have great partners.
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And the idea is, is that we are going to build a platform that you really can't deplatform because it will be so robust and big and hopefully have so many subscribers that it doesn't matter what they do.
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We ask for your support and your help in preserving the voices.
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If you don't know who who is now on the Blaze TV, it's almost to the point of who's not on Blaze TV, but you can check it out at Blaze TV dot com and subscribe now.
00:21:08.240
There's a there's a couple of things that I want to share with you.
00:21:10.560
First of all, we were talking about China earlier and the police state that is becoming and we coupled it with with Tim Cook and the wonderful things.
00:21:18.940
He says that it's a sin not to deplatform people with with bad opinions.
00:21:34.400
It says you're supposed to you're supposed to be platform people.
00:21:36.480
I guess, you know, there's there's rumors that there might have been like 15 commandments.
00:21:41.500
Either that or it was a Mel Brooks movie and he dropped the third.
00:21:46.340
And so maybe it was on maybe it was like number 14 on the Ten Commandments.
00:21:51.560
But there was a story that you brought to the table on the world of the news and why it matters last week about a scientist who claims to have made a designer baby.
00:22:03.440
And what what happened there was, you know, you've got you've got different types of genetic modification that are currently going on.
00:22:10.120
So right now, something that's legal and happening presently in the United States, most westernized countries is you will if you're doing in vitro fertilization, you'll have maybe eight viable embryos.
00:22:19.260
And they'll they'll go, well, this particular embryo has Down syndrome.
00:22:27.880
What he did was he went in and found a gene that is thought to control the protein by which the HIV virus enters.
00:22:40.100
So it's not like there was a fundamental flaw with the embryos of these twins that were there.
00:22:45.040
There wasn't an existing problem that he was getting rid of.
00:22:47.020
He was basically trying to preemptively soup up the kids to give them a a harder, harder time contracting HIV.
00:22:59.100
But we have crossed that threshold into we are now actively proactively modifying people as opposed to just trying to change things that might.
00:23:07.640
But first, let me tell you what happened to the science.
00:23:10.880
And the last so the last I heard, I'll say there was massive.
00:23:14.480
And I'm kind of like I'm I'm very optimistic about transhumanism.
00:23:17.980
And I think we should be living on Mars with three heads.
00:23:25.680
I want to have like taste buds installed all down my throat so I could I could feel the food the whole time.
00:23:31.520
So I'm a taste buds would make you taste it all the way down, which I'm cool.
00:23:41.340
Yeah, he did have a very strong backlash from the scientific community and from the bioethical community and and from most most countries, many of which have signed on to a there's some sort of anti genetic engineering.
00:23:59.940
And he'd been kicked out of his university in southern China for three years.
00:24:04.980
Well, he gave a speech to talk about this, you know, just a week ago, two weeks ago.
00:24:13.020
And the Chinese said, we definitely have not detained him, which he didn't go to a Saudi Arabian concert.
00:24:20.900
If you get invited to us, you're like, oh, I bet that's a fun cocktail party.
00:24:24.580
I don't I don't know if you speak you don't speak Mandarin, so I don't know if we definitely don't have him translates to.
00:24:32.740
But I do think that I think that China will probably be the one that pushes that envelope, because I think China like, you know, there's the American dream, which is everybody has, you know, everybody gets a fair shot.
00:24:43.040
And like, you know, I leave a better life than my kids are and all these different things.
00:24:46.060
The China dream is China is amazing and it's much more collective in its mindset and it's much more statist in its mindset.
00:24:52.440
And so I would not be surprised if within the next 10 years, it's like, oh, well, there's, you know, we found a gene that helps math.
00:24:58.020
We're going to make this, you know, more available.
00:25:04.760
And that's when they will become the master race.
00:25:07.060
Isn't I mean, then Andrew Heaton's three headed Martian babies sound a lot better in America.
00:25:13.060
But don't you what do you think you do for that?
00:25:19.980
And I don't want to be able to augment like that.
00:25:24.580
I want to be able to to live free and and and be natural.
00:25:32.620
I think I think this, you know, we're at the point because you grew up religious, right?
00:25:38.020
So you grew up, I'm sure, talking about, you know, the end of times, the mark of the beast.
00:25:44.760
The left behind series is foreign policy in Oklahoma.
00:25:50.240
So I remember as a kid, we're talking about things like, you know, they're going to be
00:25:55.100
able to, you know, do anything with you and change, you know, change and make you into
00:26:07.040
You never heard that the God will stop us before we cross any kind of real line.
00:26:12.660
You know, I've heard that in terms of like, like we might cover the story later in terms
00:26:15.660
of climate change and things like that, there's sort of a hard line there.
00:26:18.540
And I, I, I don't think that I think that based, based on all prior evidence, God will
00:26:26.660
So I don't like this idea that we're kind of on a kid leash.
00:26:30.980
I, I interpret that, however, as, uh, no, God's not going to stop you.
00:26:39.520
You'll just, cause can't you think in, we don't have any idea.
00:26:43.280
For instance, they're talking about now ridding the world of mosquitoes.
00:26:54.640
It's come up with something that they can now, um, put into the male mosquito, which,
00:27:13.580
However, it talked about how this is going to be very lucrative and how it will save so
00:27:19.820
But the last line was, however, um, the, uh, the, the biological effects of removing an
00:27:32.820
We have not studied to definitely know the ramifications almost certainly be cascade effects from that.
00:27:40.800
I mean, like for one thing, bats are probably going to be more skinny.
00:27:43.760
So if you want a bunch of skinny bats flying around, which I do, I think American bats
00:27:52.120
I think we need to, we just never, have you ever lived around bats?
00:27:56.320
I'm sure at some point I'll live under a bridge, but.
00:28:02.320
You've got, you've got your bat section of your life to go.
00:28:04.820
So I, I live up in Idaho for, you know, for the summers and stuff, and we have bats everywhere
00:28:11.200
up there, uh, at least at my ranch and they'll crawl into the smallest of spaces.
00:28:19.260
And we heard this on the walls and we're like, Oh, this isn't good.
00:28:26.200
So we went out and we took the siding off of that wall.
00:28:30.380
We opened one piece of siding and Rafe still remembers.
00:28:36.740
It was the scene from Batman where they just, and the whole entire wall was full of bats.
00:28:46.540
So you say to me, it's probably really good insulation for your house.
00:28:52.240
I mean, the collective beating heart is a little disturbing when you're going to sleep,
00:28:57.460
No, it's a hundred bats preparing to draw blood.
00:29:07.320
Maybe we should sit around and talk about it a little bit more.
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00:31:26.680
Glenn, Glenn, may I do, um, you know, I've got a different ad campaign than you guys
00:31:30.420
I have to seek out my advertisers to fund the program.
00:31:33.040
Would it be all right if I went ahead and did one on here?
00:31:38.560
So this is, um, I've, I've, as I said, my own ads on, on something's off with Andrew
00:31:42.880
This is going to be a sponsor later this week, but I get paid per ad.
00:31:49.360
It used to be that two days was considered a rush job, but with the advent of the email
00:31:53.860
and the Snapchat and the Twitter, people want everything instantaneously.
00:31:57.480
And let's face it, you'd be busy even if we cut everyone else out of the equation between
00:32:01.160
paying your bills and buying groceries, taking the kids to Taekwondo, home repair, walking
00:32:12.600
If you're like most Americans, you want to kick off your day with a hearty meal of waffles
00:32:16.000
and liquefied fish, but you hardly even have time to make instant coffee in the morning.
00:32:20.200
You're not honestly going to wake up another 15 minutes early to mash anchovies into a paste
00:32:23.800
and then stir in the appropriate amount of water and cornstarch to create that
00:32:32.040
Uncle Milton's fish syrup tastes just like real homemade fish syrup with the same consistency
00:32:36.900
and pungent flavor you so desperately crave each morning.
00:32:39.640
This is not the same mass-produced, factory-made, bottom-shelf, imitation fish paste liquid
00:32:45.500
This is regular, old-fashioned fish syrup, just like Grandpa used to make before the
00:33:02.180
That's how I get every morning with a hearty dust of fish syrup.
00:33:11.800
That has told the first-grade students that Santa is not real.
00:33:30.980
A substitute teacher for first-grade students told the kids that Santa isn't real, then went
00:33:39.660
on and said, parents just buy presents and put them under the tree.
00:33:53.040
And the elf on the shelf is just a pretend doll that your parents move around.
00:33:58.660
That covered a lot of ground in that third-grade math class.
00:34:07.860
I mean, that doesn't sound like a teacher having a bad day.
00:34:13.820
Can I tell you about the time that I think I almost got fired?
00:34:22.820
I was a substitute teacher in the Deer Creek School District in Edmond, Oklahoma.
00:34:28.460
I subbed between, I think, first grade was the youngest I did up through high school.
00:34:35.180
And when I was subbing first grade one day, a kid came up and he went, Mr. H, Bobby said
00:34:41.020
And I went, oh, no, Bobby, do not say the C word.
00:34:55.540
Don't say this word, the C word that I'm about to utter.
00:34:59.540
I was so close to getting fired from that job, I think, if that had happened.
00:35:05.880
Did you not tell children about being eaten by...
00:35:11.000
So, like, most substitute teaching, a lot of the time, the teachers don't want you to...
00:35:15.680
They don't want you to continue their lesson a lot of the time because they want to do
00:35:19.700
A lot of the time, they're giving you busy work.
00:35:21.180
And so, for high school students, I could do that.
00:35:22.820
I would roll in and go, look, don't do anything that gets you in trouble or gets me in trouble.
00:35:28.640
As long as we do that, I'm not going to make you do this ridiculous worksheet.
00:35:35.120
So, you were making sure us as parents were getting our money's worth.
00:35:42.820
But they usually give me, like, an optional worksheet.
00:35:44.760
But with elementary school students, you know, we'd have something to do and we'd get through
00:35:48.920
And then I'd go, okay, if we get through this worksheet, the rest of the day will be Velociraptor
00:35:58.340
Apparently, Velociraptors are basically large, angry chickens, is what we learned in real life.
00:36:02.640
They were feathered and they were about knee-high.
00:36:05.340
You wouldn't want to tangle with one, but they're not as depicted in Jurassic Park.
00:36:08.380
That's from the research that I commissioned for second graders.
00:36:18.060
Well, I mean, like, a honey badger's not that big, but I wouldn't tangle with a honey badger.
00:36:21.180
So, it's possible that a Velociraptor was really nasty.
00:36:23.440
It's just that the kind of, like, man-sized Velociraptor, that was a thing.
00:36:27.300
So, they might have been smaller, vicious, and looked like a chicken.
00:36:34.760
I would, like, for fifth graders, I would go, okay, you know, we're done with the work.
00:36:42.540
And I would really gear it up to, like, what do we do if there's a flood?
00:36:47.840
And, you know, got those kids to start thinking about that.
00:36:53.060
I mean, I think our teachers are so trapped in the box that they have to do it a certain way.
00:37:03.160
A good teacher is somebody who makes it theirs, you know?
00:37:07.600
And, you know, if you're going to use Santa as an example, that's great.
00:37:13.980
Or if you use motivation for, you know, Velociraptor Awareness Day, I think that's great stuff.
00:37:20.560
I would also, when we were walking to the computer room, I'd say, okay, you have to be quiet,
00:37:24.580
but I want every kid to act like a Tyrannosaurus Rex.
00:37:28.420
I think this is what got me in trouble with other teachers, is you see a line of children
00:37:31.640
in various stages of weird, angry faces while walking in dead silence.
00:37:37.700
Back in just a second with the news of the day.
00:37:39.920
I want to talk to you a little bit about our sponsor this half hour for the online viewers
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Home Title Lock, a retired FBI agent came in, and he showed me exactly how to steal my home.
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Get a $100 search free to see if this has already happened to you.
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We went, holy cow, no one's watching over this except HomeTitleLock.com.
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Forbes recently described student loan debt as a $1.5 trillion crisis, adding that student
00:38:51.600
loan debt is now the second highest consumer debt category behind only mortgage debt, and
00:38:59.420
It's affecting 44 million borrowers in the U.S.
00:39:04.280
That is, this is outrageous and bone crunching.
00:39:07.440
There's also the cultural effect that having, that college is having, the indoctrination of
00:39:14.920
More and more powerful people now are starting to recognize that college is an institution
00:39:21.360
Last Friday, Peter Thiel gave a keynote speech at the Intercollegiate Studies Institute's
00:39:32.040
He told a room full of students, quote, universities today are as corrupt as the Catholic Church
00:39:40.100
He's exactly right, and I don't know, I don't know how the universities don't see that they
00:39:46.300
have become the Catholic Church, and anyone who has a different idea is Galileo.
00:39:52.300
He says, at some point, if it's 100 to 0, you start to suspect that you're in North Korea.
00:40:00.380
Does the unanimity mean that you've gotten the truth, or does it mean that you're in a
00:40:07.980
We have this illusion that all sorts of important decisions have been decided.
00:40:12.780
He added, we are not on the losing side of history.
00:40:18.500
The Reformation is going to happen, and it won't come from within, but without.
00:40:25.420
Thiel now has actively worked to bring about the change that he's been talking about here.
00:40:30.240
The lawsuit he led against Gawker helped topple their empire, and he also created the Teal
00:40:37.240
Fellowship, which gives $100,000 to young people who want to build new things instead of sitting
00:40:45.100
The idea that we're on the losing side is a form of psychological warfare, he said, and
00:40:51.620
We're not on the losing side, not in the slightest.
00:40:55.900
Things are going to get worse for the old institutions.
00:41:13.180
We are truly thrilled to announce yesterday the merger of CRTV and The Blaze, now The Blaze
00:41:26.420
TV, and one of our hosts is Ben Ferguson, host of The Ferguson Files, a millennial who
00:41:33.260
has a lot of important things to say and to be heard.
00:41:42.500
We finally get to work together, which I'm really excited about, and I feel like we've
00:41:47.960
worked together for years because we've always been on the same radio station where I've been
00:41:52.380
working, whether it's in San Antonio or Memphis or Dallas, and it's nice to actually get to
00:41:57.120
work with you on this new venture, which is going to be awesome.
00:41:59.820
Well, it was funny because you were here, and we were talking about hiring you for some things,
00:42:08.160
What you didn't know, you were deciding between the two of us, what you didn't know, we were
00:42:11.940
both kind of talking to each other, going, you take him, we'll take you.
00:42:19.360
One way or another, we're all going to be working together, Ben.
00:42:26.480
And I'm pleased to be working in the same company with you.
00:42:32.360
No, I'm just going to say, it's going to be a lot of fun.
00:42:34.140
I mean, there's so many different people that I've heard from that have just been talking
00:42:38.120
about how they're loving the fact that they can get raw and real content without spin
00:42:47.300
And that's the thing that I've enjoyed the most and why I hope a lot of people that are
00:42:51.740
listening will take a look at what has been built now into something that's a massive platform.
00:42:59.100
I couldn't believe CNN actually led the story yesterday with one of the biggest mergers
00:43:09.700
I don't think people understand how much talent is here and that we're still looking to partner
00:43:17.520
And I think we're going to build a platform where these voices are safe.
00:43:22.520
And also, we're going to save America a lot of money here because it's $9.99, where if
00:43:30.340
you had subscriptions to both, you were already paying $20.
00:43:42.760
No, I was just going to say, I've always thought that we're always stronger together.
00:43:46.660
And when the more conservative voices work together instead of competing against one another or
00:43:53.900
I got into this business, as you know, when I was really young.
00:43:58.620
And I always looked up to you and to others in the business as not competitors, but as
00:44:07.120
And I think that's one of the cool things that's happened with this younger generation
00:44:14.780
Gosh, I'm getting old, Glenn, which means you're really getting old.
00:44:19.460
But there's a lot of younger people now that we're not as competitive.
00:44:32.400
This morning, I was getting ready for the Ferguson file, and I was looking at what the
00:44:35.880
Democratic National Committee chairman had to say on MSNBC.
00:44:39.840
And he said that dreamers are every bit Americans as my three U.S.-born kids.
00:44:52.260
I think there needs to be some sort of pathway for some people that were brought here against
00:44:57.000
their will at no choice of their own with parents.
00:44:59.940
I have compassion for people that were brought here at a young age, and it was not their choice.
00:45:06.260
But to come out there and say that a non-American citizen is the same as an American citizen,
00:45:12.640
and this is the platform that the chairman of the DNC is doing, and not just that.
00:45:16.340
And he also said, I think it's an economic imperative to allow illegal immigrants into
00:45:23.220
this country, implying that somehow America cannot make it without illegals.
00:45:28.960
You look at this message, and it's resonating with a lot of younger people who say, yeah,
00:45:40.460
Maybe we don't need to be this, we are better than other people.
00:45:44.920
We need to be more kumbaya, and being an American is almost a shameful thing, and that's the
00:45:50.300
new message of the Democratic National Committee.
00:45:52.720
And they're going to be trying to implement this for the next two years in Washington,
00:45:56.620
And they're going to tell you that without these illegal immigrants, without the dreamers,
00:46:04.700
And I'm looking at this going, okay, you have unemployment rates at historical lows of my
00:46:10.260
You have all-time lows among Asian Americans, Hispanic Americans, African Americans with
00:46:16.920
We've got millions of people off of food stamps in this country.
00:46:22.200
Don't look at me at the same time and tell me that our economy is going to be destroyed
00:46:26.180
if I don't give you illegal immigrant labor in this country.
00:46:32.620
So, Ben, how is it that the Democrats think that they can say to now Europe, John Kerry,
00:46:42.340
Hillary Clinton, going over and saying to Europe, wow, this mass immigration thing that we were
00:46:52.580
How are they saying that at the very same time they're telling us we should be doing what
00:47:03.740
And I think what it really comes back down to is Democrats understand that this is not
00:47:10.220
This is about finding people that you can get to vote for you who will be dependent on
00:47:16.920
And the stronger the American economy is, I think the worse off it is for Democrats, because
00:47:21.700
the Democratic platform and what they have to offer is one that says to you, you cannot
00:47:31.880
You cannot go to college without the government.
00:47:39.760
When you have Americans that are employed, that are making money, that are paying their
00:47:43.200
own bills, that are living what I would refer to as the actual American dream, it hurts
00:47:51.780
How do you go out there and campaign against you have a great job and your kids are getting
00:47:56.120
a good education and you're saving for retirement?
00:47:59.560
It's very hard to do when what you're offering is despair and desperation relief.
00:48:05.960
That's why Jesse Jackson, in a minute when he said it, said that, you know, it's an honor
00:48:10.420
to be a food stamp president to Barack Obama when he had so many people on food stamps.
00:48:14.420
They believe that because without having people dependent on them, they lose voters and they've
00:48:21.400
And so now they're saying, OK, how do we get new voters to vote for us when an economy
00:48:26.960
The easiest way to do it is to import voters who you can then say, I just gave you something.
00:48:40.240
They treated you like you were evil people, which, again, as a conservative, I don't blame
00:48:48.200
I believe that America is the greatest country in the world.
00:48:50.980
I don't blame anyone that's in Venezuela or Honduras or Mexico for wanting to come into
00:48:55.880
All I'm asking is to do the same thing that you demand of me when I come visit your country
00:49:06.580
And what the Democratic Party has said this morning, and this is the chairman saying this,
00:49:09.840
he's saying to the American people, it's an economic imperative to let these people in.
00:49:17.040
And again, it's false equivalency where his words, dreamers are every bit Americans as
00:49:29.300
But when you can grab the 40 and under crowd in this country and get them to believe this
00:49:33.880
and also feel shame for living in a great country or being prideful in the laws that have made
00:49:40.020
this country great, you can change all this in one generation.
00:49:44.080
And the majority of my friends are leaning towards the Democratic Party.
00:49:47.620
They don't like the Republican Party, and it's terrifying.
00:49:53.800
If you look at what's happening right now, you have the climate change crowd.
00:50:02.840
Eighty percent of France buys into it and think they have to do something.
00:50:06.240
However, once the state starts to impose the taxes that are going to be required, you have
00:50:12.620
riots and they're starting to spread all over Europe.
00:50:21.440
When you see this, it's caused all kinds of violence all over.
00:50:26.180
And really, the beginnings of a loss of country, you couple that with massive spending and you
00:50:41.880
When you put all of these together, are the people who are still saying, no, I'm telling
00:50:48.560
you, socialism will work and we need mass immigration and we need to open our borders
00:50:52.640
and we need these high taxes on climate change because it'll be fine.
00:50:58.540
Are they just slipped into some utopian dream world?
00:51:02.820
Or or do they do they know this would collapse?
00:51:07.140
I think, yeah, I think it goes back to that issue of it all sounds great until it actually
00:51:16.780
You know, people I even saw people kind of mocking in the media, you know, that people died
00:51:24.520
And the question I say is, well, were these people willing to die over a gas tax?
00:51:28.280
No, the people that died were willing to die over a government that had inflicted decades
00:51:35.600
of policies that put the government ahead of the people.
00:51:46.700
It wasn't because of diesel tax increase of 16 percent, which is what the Yellow Vest
00:51:57.360
These people were willing to risk their lives because they lived under a government that
00:52:01.400
put the government first, the citizens second, and they were starting to hurt.
00:52:06.240
And it was hurting the poorest, which, by the way, they sold these policies that it was
00:52:12.620
But when you start running out of other people's money, when you start having an economy that
00:52:16.940
can't keep up with the demands of the government spending, you then get what we have now
00:52:22.140
seen blow up in France, where you have three that are dead, you have 263 plus that are
00:52:30.360
And now the president's trying to do anything he can to get this back under control.
00:52:36.700
He didn't say, I'm not going to have the tax increase.
00:52:40.600
What he said was, is I'll put a six month moratorium on it, hoping that the people that
00:52:46.200
got organized, that started rioting, will go back to their lives, and then they can slip
00:52:52.860
They have no intention in France or any of these other countries to basically truly change
00:52:59.980
What France has said is, OK, we'll freeze this tax hike until you guys focus on something
00:53:05.480
We'll freeze it long enough that you protesters will go home, that your yellow vest will somehow
00:53:11.000
And then we can go back to doing exactly what we did before.
00:53:15.200
And I say this to not just the people of France, I say to the people of America, let's hope
00:53:20.160
the politicians actually listen to people and not go back to their own ways.
00:53:23.960
I do think they're going to go back to their own ways.
00:53:26.280
But what I will say is, is this is where we better pay attention and stand up to our government
00:53:31.020
and make it clear that you're taking too much from us.
00:53:36.640
I mean, I think the biggest issue facing my is going to be in my lifetime outside of
00:53:40.620
national security and terrorism is going to be our trillion dollar deficits.
00:53:45.400
At some point that note, you're going to have to pay it off.
00:53:49.380
The government has record amounts of tax dollars are bringing in while also spending more.
00:53:55.920
There's never enough money that the government in this country and I believe in any other
00:53:59.740
country will ever get in from its citizens that they say we don't need any more.
00:54:04.120
It will never happen because governments inherently, I believe, are evil in the sense that they
00:54:11.320
always want more for their projects and they don't put the citizens first.
00:54:18.120
Ben Ferguson from the Ben Ferguson Show and the Ferguson File now on Blaze TV.
00:54:24.740
Best of luck and good to be working in the same company.
00:54:29.360
It's always a pleasure to chat with you and look forward to doing a lot more.
00:54:33.480
You can now find him on the Blaze TV at BlazeTV.com slash Beck.
00:55:06.000
I want to talk to you a little bit about Goldline.
00:55:15.080
You know what he was talking about with the debt?
00:55:17.920
It's actually going to be like 1.4, 1.6 trillion dollar deficit every single year.
00:55:23.460
And at some point, we are going to have to pay it off.
00:55:29.780
At some point, somebody's going to come and collect.
00:55:42.700
People aren't going to be able to pay for that loan.
00:55:44.940
And isn't it coincidental that the government made sure that you could never default on that loan?
00:55:58.400
They're now talking about delaying that until Christmas.
00:56:00.680
The new house starts after the first of the year.
00:56:06.780
Things look like they're good, but just under the veneer, there's some real problems that are mounting up.
00:56:18.920
The house has now been taken over by Nancy Pelosi, and they're going to do all kinds of investigation.
00:56:23.720
So we're just going to be ripped apart from all sides.
00:56:31.160
Visit Goldline now at goldline.com or call 866-GOLDLINE.
00:56:37.700
Ask them about this, their gold or silver maple flex card.
00:56:45.320
You slip it in your wallet, and now you can break it off.
00:56:49.020
You can break it off, and you've got gold or silver that, you know, will get you home in times of an emergency.
00:56:54.780
Or if you have enough, barter your way out in case things are disrupted for a period of time.
00:57:06.920
We are joined by Andrew Heaton today, who is also part of Blaze TV.
00:57:17.920
Kind of a funny look at the news of the day and some of the other things.
00:57:21.880
And I have, as you can see, pushed Stu out of the co-pilot chair.
00:57:32.040
But this has been a house of cards scenario I've been planning for a couple of years now.
00:57:44.380
I want to talk to you about climate change and what's happening over in Europe.
00:57:49.100
First of all, where do you stand on climate change?
00:57:53.660
I would like everybody to sit down and come up with solutions to it.
00:57:56.980
This is something I think is lacking right now from discourse is where just we're kind of arguing about whether it's happening or not.
00:58:05.280
And there's just a lot of, like, you called me this, they called me that going on.
00:58:08.440
And I think that, like, I think that the whole thing would benefit from having everybody sit down.
00:58:12.260
There's a lot of things that would benefit from a free market environmentalist perspective.
00:58:26.500
The government coming in and having a, you know, a carbon tax is not necessarily the best of ideas.
00:58:37.740
You know, I think that this week is the first week that I can say the chalkboard that I hit for over a year at Fox before I left,
00:58:51.200
that the Arab Spring would lead to the destabilization of the Middle East.
00:58:58.760
It would cause chaos and spread to Europe, which would destabilize Europe.
00:59:04.100
The right and the left extremes would begin to work together, not as if they're calling each other and planning things together.
00:59:10.360
They'll just see a mutual opportunity to take Europe, and it would spread to the U.S.
00:59:26.100
And you're seeing the destabilization and the right and the left working together now in Europe.
00:59:33.860
And Jason Buttrell is with us, and he can give us the update on what we covered yesterday at 5 o'clock on the Blaze TV.
00:59:42.700
Yeah, and just to talk about, you know, numbers, like, I'm just, this floors me.
00:59:50.900
Emmanuel Macron's updated approval rating is now 25%.
00:59:54.840
Okay, now you brought something up, and I forgot that I even said this, but when Macron was elected,
01:00:01.340
I had said, you have hardcore communists and hardcore fascists, and the people voted, I don't remember what the percentage was.
01:00:20.620
And then Macron gets in, and he's kind of just milquetoast nobody, and is just another empty suit of a politician and a media kind of circus.
01:00:34.700
And he wasn't going to do anything really meaningful except keep the status quo.
01:00:39.000
And I said at the time, that's a recipe for disaster.
01:00:41.740
And always, when we talk about this, always think about how this applies in the parallels to the United States.
01:00:49.440
Macron on the left would be the Clintons, the establishment.
01:00:57.780
Something that you know nothing is going to come of this.
01:01:00.200
It's going to be everything that we've had for the past decade plus.
01:01:08.240
So that, I'm going to play the, when I was watching the French election, I was worried about the extreme right and the rise of populism in France.
01:01:22.080
I was too, but it wasn't going to solve anything.
01:01:31.360
It is the same thing that's happening over in Europe that is happening over here that gave us Donald Trump.
01:01:36.360
And that is a media and a political ruling class that is asking you to deny reality.
01:01:43.960
Islamists, Islamists, there's no such thing as Islamists.
01:02:02.860
And you can't tell me that the people who are marching in the streets of the UK saying death to the police and down with the UK who are just new immigrants from Pakistan is a good thing.
01:02:24.700
Meanwhile, the people in power are getting richer and richer and more and more powerful.
01:02:29.040
And they're completely disengaged from the streets.
01:02:34.820
Because they don't have an American understanding of the right, which is small government.
01:02:40.520
They only really have the government has to tell us what to do.
01:02:44.360
So it's going to go fascist or communist one way or another.
01:02:48.260
They get this milk toasty guy in between who is kind of a progressive.
01:02:57.420
So it's only a matter of time before he's he's out.
01:03:01.300
We were like, if almost half your country voted for far right or far left politicians and they put in French vanilla, then what are they going to do when you get more vanilla over the next four plus years?
01:03:23.120
And so just just just a really quick, the update today on the protest situation.
01:03:29.060
So Macron and the prime minister of France called the organizers for this for this movement to come together today, which this meeting already happened.
01:03:39.380
And if they would, he would suspend this this fuel tax by six months.
01:03:44.960
So that was his offer that got them to the negotiating table.
01:03:48.480
Apparently, whatever happened once they were in that room did not satisfy them.
01:03:53.120
And so they all left and said, OK, it's on for next Saturday and it's going to be worse than last weekend, which was by far the worst since these have happened since it began on November 17th.
01:04:04.800
So these organizers have been kind of hard to track down.
01:04:14.260
It's been a dogpile of people wanting to jump in on this movement.
01:04:24.920
They're just seizing the opportunity of unrest.
01:04:28.740
And so you've got Marine Le Pen with the National Front.
01:04:40.700
Why were why were French French right wingers at CPAC?
01:04:46.140
The new it girl for because of because of Bannon.
01:04:54.360
So National Front Marine Le Pen people are there.
01:04:57.280
The new far left, the man that was the other candidate that got 40% of the vote.
01:05:03.380
His name is Jean-Luc Mélenchon, Trotskyist communist.
01:05:06.360
I mean, he's far left by French standards, right?
01:05:08.520
Yeah, far left by Lennon standards, I would say.
01:05:13.020
He has also got his people out there and they're all jumping in.
01:05:17.000
Now, the main organizers, which I'll reveal in a second, they're like, these guys need
01:05:22.380
These guys are actually threatening the people that started this movement.
01:05:27.080
They're threatening to do bodily harm to them because they want to take this movement over.
01:05:30.800
Now, the people that started this, it all started actually with a woman that has been
01:05:35.600
dubbed the Madonna of Yellow Vests, which I thought was pretty good.
01:05:40.320
Meaning, meaning not, not meaning the singer, but meaning the Virgin Mary.
01:05:48.880
Yeah, I was looking forward to seeing pictures.
01:05:50.320
She's an interesting, strange kind of character in this.
01:05:53.100
She is a, what's the, she's an accordion playing psychotherapist.
01:06:03.880
It's like a smoking mime playing an accordion on a couch.
01:06:09.480
She, I went all the way back into her beginning.
01:06:14.200
She just took pictures of her family and, you know, and I mean, she was not really political
01:06:19.120
So, just all of a sudden, out of nowhere in October, she does this viral video and the
01:06:24.260
movement she started, which now she doesn't even want to take ownership of and the people
01:06:28.700
that have come with her don't want to take ownership of because this has become like
01:06:31.960
a, you know, kind of like how the right has started to rise up now, how they're getting
01:06:41.760
They're like, whoa, whoa, we didn't mean for it to be this.
01:06:45.080
So, now, they didn't even want to come to the table today because we don't want to claim
01:06:50.200
We don't know, but they ended up basically being forced into, because the French president
01:06:56.920
Yeah, I was about to say, who, because there's not, there's not like an official, this isn't
01:07:05.500
It started with a video on Facebook that now has over 10 million views.
01:07:09.340
She did this video in October, and she was protesting, and this is where, you guys were
01:07:14.400
having a discussion a little bit about climate change and all that stuff off air, and I wanted
01:07:19.700
I tried to get my brother to say, look, I understand there's something going on with
01:07:24.880
I don't think it's, I know it's not as bad as what they say it is, but just think about
01:07:31.240
who, you know, will gain from a lot of the initiatives they want to do.
01:07:36.660
Any time you have the government that wants to get involved, there's some gain going on.
01:07:41.920
In my opinion, you cannot trust them whatsoever.
01:07:43.620
I'm personally for a total free market resolution to it, and just let, I think technological advance
01:07:53.180
Talk to Ray Kurzweil, and talk to really any of these futurists.
01:07:56.880
Energy is going to completely change in 10 years.
01:07:59.140
I mean, talking about this stuff now, you know, and carbon tax and everything else, in
01:08:05.000
10 years, we may not even need any kind of fossil fuel.
01:08:09.460
I mean, it's just, you know, when solar panels become the size of an envelope that can power
01:08:18.660
your house, and the battery is changed, you're done.
01:08:23.080
I can't stand it when you guys out free market me.
01:08:27.060
I'm usually the free market lunatic in the room, and you guys might actually do it to
01:08:34.080
We were talking a little bit off air about this.
01:08:37.760
I think it is disconcerting, and I think we should be doing things actively for it, right?
01:08:42.000
Which is why I wish that conservatives and libertarians would sit at that table more frequently
01:08:48.000
and talk about their assessment of it and what solutions they have.
01:08:50.480
Here's, may I say, here's why I think, because if you say climate change is happening, you
01:08:56.660
automatically then open up the door to, okay, well, we have to do something.
01:09:03.440
Climate change is happening, but climate change is always happening.
01:09:14.520
Now, all of the predictions that they made with the hockey stick and everything else as
01:09:19.360
CO2 goes up, so will, that's been proven wrong in the last 15 years.
01:09:26.120
Now, they say it's on a pause, but why didn't you tell us there could be a pause?
01:09:39.500
I also believe man can hurt the earth and the atmosphere.
01:09:44.960
Look what we're doing, what they're doing to the seas and the air in China.
01:09:55.740
Then look at the United States and what we were and what we are now.
01:09:59.980
We're leading the world in this already through free market principles.
01:10:06.100
The more we surpass the Kyoto Protocol, which was a big thing when I was in high school,
01:10:12.140
is that we hadn't signed on to the Kyoto Protocol.
01:10:15.540
That's through fracking, which is one of the things where I'd like conservatives and libertarians
01:10:20.780
Because as a result of not sitting at the table and discussing solutions to this, there's
01:10:25.200
a lot of things that are just completely unchecked in terms of...
01:10:30.660
I mean, look, every time you come up with something, you know the cleanest energy in
01:10:36.600
Which, again, is something where I think that the conservative libertarian solution should
01:10:40.980
be, or part of it, should be, look, we do think this is happening.
01:10:45.960
And one of the things that's hamstringing us right now is these very stringent, very
01:10:49.580
anti-nuclear regulations, which keeps us from exploring this other energy sector and reducing...
01:10:56.180
Because the fracking revolution happened, and it was bred out of competition.
01:11:02.360
So it was when the Saudis started pumping ridiculous amounts of oil, or I'm sorry, lowered
01:11:06.840
their oil output to basically drive them out of business.
01:11:13.760
They were forced to do it, or they were just going to go under.
01:11:16.100
And if you look at all of the money the government has spent on electric cars, on solar panel
01:11:21.460
industries, all those things, those all went by the wayside, because that doesn't work.
01:11:26.980
But the free market, when there's competition, it always, always works.
01:11:35.780
Our sponsor of this half hour is American Financing.
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01:13:17.540
We're talking to Jason Batrillo, who's our head researcher here at the Glenn Beck Program,
01:13:23.340
and has been following all of the foreign affairs and following a lot of the, I hate to use the word,
01:13:32.480
prediction, forecast, if you will, of what I think is coming.
01:13:36.740
And we've been watching these riots now in Europe, and he's been tracking down the organizers.
01:13:42.120
So we have this one woman who is kind of the leader, but not really.
01:13:49.380
She's a famous French person and did a YouTube video, and it caught on, and that's where this came from.
01:13:56.800
Jacqueline Murat, the Madonna of the Yellow Vest, she kind of represented these middle class Frenchmen from the suburbs of the bigger cities.
01:14:05.600
So give me a, because I only have about a minute.
01:14:11.580
So the people that are jumping on with her, there's one guy, there's three main ones.
01:14:16.880
There's another guy named Eric Druitt, who is also, he's similar to Jacqueline, I think.
01:14:22.900
He's not very, really, really hardcore, but he has talked about Islamization, immigration, high taxes, all that stuff.
01:14:31.600
Another guy named Christoph Chalenkone, I'm probably butchering the name, but he's one of the more like, he's more political than the others.
01:14:39.260
You look back to his feed, and he's always talking about immigration.
01:14:49.460
So those three, they're the ones that have been all over the media.
01:14:52.200
They're the ones that are showing up to all the discussions with the government.
01:14:55.760
The thing is, though, that like this last guy, Christoph Chalenkone, he represents more of the guys that are jumping on from the right.
01:15:01.500
They're the ones that can kind of more sling towards like Marine Le Pen National, you know, and National Front.
01:15:06.560
These are the people that are starting to dogpile.
01:15:09.260
We're going to continue to watch what's happening in France because what happens in France is going to spread to Europe, and then it will jump over here, and we'll have more in a minute.
01:15:19.740
Hey, it's Glenn, and I want to tell you about something that you should either end your day with or start your morning with, and that is the news and why it matters.
01:15:29.600
If you like this show, you're going to love the news and why it matters.
01:15:32.800
It's a bunch of us that all get together at the end of the day and just talk about the stories that matter to you and your life.
01:15:40.400
Look for it now wherever you download your favorite podcast.
01:15:45.800
Tika Tiwari was on this program a few months ago, and he made a very bold prediction, and I said, don't do it, Tika, don't do it.
01:15:55.560
And he said cryptocurrency, Bitcoin in particular, is going to be at $40,000 by the end of the year.
01:16:02.880
When he said that it was maybe $7,000, it is now today at $3,900.
01:16:09.960
I called him, and I was like, so, Tika, what's the deal?
01:16:14.220
And I want you to hear his answer, because I think it's logical.
01:16:19.520
Maybe it's wishful thinking, but I think it's totally logical.
01:16:26.760
And thanks for giving me the opportunity to talk about really two things today.
01:16:30.600
One, my Bitcoin $40,000 prediction, what's going on with Bitcoin right now,
01:16:35.040
and two, why the selling is not over, and I want to explain what's behind that.
01:16:42.760
Because I've set a price to where I want to buy more Bitcoin.
01:16:47.320
I don't know if that makes me a double sucker, but I'd like to hear what you think the low price
01:16:52.540
or when you think it's going to start to hit towards bottom.
01:16:56.560
Okay, the first thing I want to talk about, though, is Bitcoin $40,000.
01:16:59.400
Okay, so whenever I'm asked a question, I will always tell somebody what I truly believe,
01:17:06.000
even if it could come back to make me look foolish later.
01:17:09.600
I hate it when people talk out of both sides of their mouth.
01:17:12.560
Well, maybe it'll do this, maybe it'll do that.
01:17:14.740
I want to know what you believe, and then so I can make up my own mind.
01:17:18.520
You said to me the night you made this prediction, I said, off air, I said,
01:17:26.480
And you said, Glenn, I have to because that's what my analysis says.
01:17:32.360
So I'm just telling you what the facts tell me.
01:17:38.940
Right, because every fundamental reason that I forecasted behind my projection of Bitcoin $40,000
01:17:45.120
came true. I said a major endowment would buy Bitcoin.
01:17:49.080
On October 5th, David Swenson of the $30 billion Yale endowment bought into crypto.
01:17:56.360
I said Wall Street would open up their trading platforms and provide custody for crypto.
01:18:00.920
Now Fidelity, TD Ameritrade, Citigroup, Morgan Stanley, the owners of the New York Stock Exchange,
01:18:06.080
and NASDAQ have all announced plans to start trading Bitcoin.
01:18:10.380
Bitcoin, Northern Trust is creating a custody product, and even State Street, America's largest
01:18:20.180
So all the fundamental research that said, okay, all these new players are coming into space,
01:18:27.040
But the one piece that I got wrong, that I'm absolutely willing to own 100%,
01:18:36.080
I misunderstood just how bad investor sentiment was.
01:18:42.020
The market does not believe anything but bad news right now.
01:18:48.160
It's just taking the stance of, well, okay, yeah, Fidelity, okay, great, let's see it actually happen.
01:18:55.120
Now, all of these things are actually happening.
01:18:58.120
The last time, Glenn, I saw such a disconnect between the fundamentals and investor sentiment
01:19:07.400
Back in 2003, everybody thought Apple computer was going out of business.
01:19:11.600
They had the hottest product in the world, the iPod.
01:19:14.220
They said they were going to open it up to the PC realm.
01:19:20.980
It wasn't until 2004 when they actually opened it up to the PC realm
01:19:26.540
and their sales started going gangbusters that Apple stock started taking off.
01:19:34.700
So, what do you think it's going to take to change the investor sentiment?
01:19:38.960
We're going to have to see this new platform by BACT,
01:19:43.780
which is ICE, the owner of the New York Stock Exchange.
01:19:50.040
We're going to have to see Fidelity launch their custody product
01:19:53.480
and actually integrate Bitcoin trading into their desktop platform.
01:20:00.940
TD Ameritrade has said that they're going to add Bitcoin trading to their platform.
01:20:07.720
The market is taking a stance of we need to see this happen.
01:20:14.300
But the good news is all of that is going to happen within Q1 and Q2 of 2019.
01:20:20.420
All of those institutions are coming into the space.
01:20:23.500
Not a single one of these institutions has said,
01:20:25.980
oh, you know, we don't like the way Bitcoin's trading, we're pulling out.
01:20:29.060
In fact, NASDAQ just said, we don't care Bitcoin's going down.
01:20:32.660
We're moving full ahead with our Bitcoin products.
01:20:38.900
Not a single institution in the space has backtracked on their plans
01:20:44.060
to open up their trading platforms to Bitcoin buyers.
01:20:48.320
And that, to me, is the news that we have to look at.
01:20:51.760
Because the news that's dominating the market right now
01:20:55.400
is all this forced selling of Bitcoin and Ethereum
01:20:59.040
that's happening because ICOs are coming under the regulatory magnifying glass of the SEC.
01:21:06.060
I apologize for jumping in, but I do have a question I'm burning to ask you.
01:21:11.660
I'm the delightful funny man that's accompanying Glenn today.
01:21:15.580
Something that I want to ask someone that knows cryptocurrency very well about
01:21:19.080
is why it's not being adopted in places like Venezuela.
01:21:22.540
Because one of the selling points of cryptocurrencies, I understand it,
01:21:27.480
And if the government decides to implode a currency to inflate away the debt,
01:21:34.740
But I don't see any stories of mass adoption of cryptocurrency in Venezuela.
01:21:44.220
They're taking Bitcoin and buying gift cards on Amazon,
01:21:47.920
ordering goods on Amazon, and that's how they're surviving.
01:21:50.880
There's two top currencies in Venezuela right now,
01:21:56.780
In fact, there's more than 22,000 businesses now
01:22:00.980
just using cryptocurrency down there because you can't use cash.
01:22:05.680
At one point, I read a story about how shopkeeps were weighing piles of money
01:22:12.580
They would weigh it by the pound or probably by the kilometer or whatever.
01:22:29.240
So you had great companies like American Express trading below $10,
01:22:43.720
So we're seeing something similar right now happen with Bitcoin and Ethereum.
01:22:52.640
You had to raise it in either Bitcoin or Ethereum.
01:22:56.080
Well, now the SEC thing, well, all of you guys broke the law.
01:23:01.260
Now we're going to fine you, and you're going to have to give money back to your investors.
01:23:05.400
So there's this huge rush of where the lawyers are saying,
01:23:09.280
look, guys, you've got to raise cash, and you've got to do it right now.
01:23:12.160
And so there's this massive forced liquidation of Bitcoin and massive forced liquidation of Ethereum.
01:23:32.060
And then I think the dust will settle here probably in about a week or two.
01:23:36.160
So I kind of said that I would, in my own head, when I saw it start to fall,
01:23:44.020
that I would reinvest some money in it if it hit $3,900.
01:23:51.320
And I thought, I will make the same kind of investment in Bitcoin that I made at first if it hits $3,000.
01:24:05.720
Yeah, I think on a panic low, we could go $2,500, no problem.
01:24:15.860
Listen, when I went through 08, 09, I couldn't conceive that a stock like J.P. Morgan could drop 80%
01:24:23.240
or a stock like Amazon could drop 66% or Amex could drop close to 90%.
01:24:29.620
But when you have forced selling, logic goes out the window.
01:24:40.020
And that's what we're in the middle of right now in this market, right?
01:24:44.480
See, you've got to look at the market and you've got to say, okay, where are we?
01:24:52.120
I think within a couple of weeks, everybody that had to sell, needed to sell, wanted to sell, will be out.
01:24:57.960
But I still think there's probably a bit more downside ahead.
01:25:00.800
Tika, is this an app comparison that the reason why we don't have self-driving cars right now
01:25:13.860
It's we need to cure the latency problems, right?
01:25:18.440
And so it would be like you saying, well, I've invested all this money in self-driving cars
01:25:32.260
And then that technology is just going to explode because it's all ready.
01:25:45.620
I think what we have to look at is we have to look at the greediest, smartest investors in the world, and that's Wall Street.
01:25:53.040
And the greediest, smartest investors in the world are running to this asset.
01:25:57.680
They are building the on-ramps to bring their investors and their investors' capital into this market, right?
01:26:08.500
It's like the Internet when you had the first blow-up in the Internet.
01:26:12.000
If everybody just stopped using the Internet and the Internet went dark, we could say, oh, that was just a fad and what's the point?
01:26:20.080
People kept building, and that's exactly what's happening here within the blockchain cryptocurrency space.
01:26:26.340
And if you look at every product that is being built by Wall Street to be sold to their 500 million customers, they're all being built around Bitcoin.
01:26:35.640
And what's good for Bitcoin is good for the entire ecosystem.
01:26:38.680
So what I'm saying is we've got to get through this for selling, just like we had to go through 08 and 09, and then we've got to go into 2019, and we've got to let these big banks build this infrastructure into cryptocurrency, and we will watch literally hundreds of billions of dollars of new money come into the space.
01:26:59.340
So it's unpleasant, absolutely unpleasant, but the worst thing you could do is just liquidate down here, and it would just be terrible timing to do that.
01:27:12.920
I've had people tell me, Glenn, Bitcoin will never work because it's too expensive to trade in and too slow.
01:27:24.920
So the answer to that is what's called Layer 2 solution.
01:27:29.060
So that's called the Lightning Network, and the Lightning Network allows you to trade using the Bitcoin network.
01:27:36.940
It reduces the feeds to almost zero and virtually limitless amounts of trades per second.
01:27:43.460
The other piece that I will say is that what will happen with Bitcoin is I think it will be used more for higher dollar transactions if you want to write directly to the Bitcoin blockchain.
01:27:53.680
So complaining that Bitcoin is slow and expensive is complaining.
01:27:58.740
It's like saying, you know, my Ferrari sucks because it can't haul firewood, right?
01:28:04.940
But again, the good news is Layer 2 solutions are coming that will allow Bitcoin to scale where if you want to buy a cup of coffee with your Bitcoin, you'll be able to do that once Layer 2 is live, which I would say we're probably about a year away.
01:28:19.500
So if you say that Bitcoin is going to be for major investments, you know, kind of like a gold reserve, if you will, what gives it its value?
01:28:27.160
What gives it its value is that it's completely tamper-proof and sensor-resistant.
01:28:34.160
So you can't go in there and change the amount of Bitcoins that are going to exist.
01:28:41.900
Let's say you and I are two different countries, and we create a document, and we want to be able to prove that that document can't be tampered with.
01:28:49.000
We can take a hash of that document, which is basically a code, and write it into the Bitcoin blockchain, and we can arrange it so the Bitcoin blockchain is constantly checking our document.
01:29:00.100
If our document, if one sentence, one line, one period gets changed, the hash will be different, and it will say, hey, somebody's tampered with this document.
01:29:09.800
So being able to have tamper-proof documents, being able to move money without the need for a trusted third party, being able to move enormous amounts of money for fractions of a dollar is valuable.
01:29:24.320
Being able to self-custody your money in a way that is portable in a way that gold isn't is incredibly valuable.
01:29:31.980
So I think that value will continue to be realized as we move forward.
01:29:37.160
And I would remind you, Glenn, that this isn't our first rodeo of Bitcoin going down 80%.
01:29:42.720
This is the fifth, sixth time that it's experienced this kind of a pullback.
01:29:47.900
And one thing that I've always said, and I said it when we had our meeting together, is that if you're going to get involved in crypto, you have to know that there'll be at least one or two times when your whole portfolio is down 80% or 85%.
01:30:08.820
And then plus two, I think I'm not a – this was kind of my first foray into investing outside of an index fund.
01:30:14.920
And the thing that strikes me is that it's so fast in the cycle, whereas normally I think you would kind of get into something and wait a while, whereas with this it'll change week by week.
01:30:29.400
I'll just want to say one quick thing here is that in the stock market, we get crashes like this maybe twice every hundred years.
01:30:35.620
In the crypto market, we get crashes like this every two to three years.
01:30:40.340
Tika Tiwari from the truthaboutcryptocurrencies.com, truthaboutcryptocurrencies.com.
01:30:48.260
He is also the educator on the smartcryptocourse.com, which is an advertiser on this program, but also something that we asked Tika to put together for this audience so you can understand it.
01:31:14.060
A major hotel chain has had their information breached.
01:31:36.480
So if I'm just out of curiosity regularly meeting in a certain motel with a certain person, would this now be public knowledge?
01:31:45.920
Hotel guest reservation, database, names, email addresses, payment information, passport numbers, all of it.
01:31:54.160
Billions of names have been stolen here in just the last couple of years with data breaches.
01:32:07.920
So Norton is going to protect your devices and LifeLock is protecting your identity.
01:32:14.240
I want you to go to LifeLock.com right now and use the promo code back.
01:32:26.980
They're going to see the things and catch the things that you might miss.
01:32:30.540
They've already done this for me a couple of times.
01:32:33.400
The threats are real and they're out there and LifeLock can do it.
01:32:36.600
Now, nobody can, you know, stop all cyber threats and, you know, all that crap.
01:32:53.720
We are going to be joined by another great, great guest who is just joining us on the Blaze TV network.
01:33:02.280
And Andrew Heaton is with us today who does Something's Off with Andrew Heaton.
01:33:09.940
And may I give a shout out to a sponsor here, Glenn?
01:33:12.900
Well, not, no, I mean, not really, but it looks like you're going to go ahead and go into it because I'm paid by the ad.
01:33:19.960
My podcast, Something's Off with Andrew Heaton, is brought to us by Snuffy's off Route 44, where all of the waiters and waitresses are on horseback.
01:33:29.240
And this holiday season, Snuffy's wants to wish you a happy holidays and Merry Christmas.
01:33:34.280
If you say Something's Off with Andrew Heaton while you get there, you get a free mug of horse nog or a delicious jar of quail pudding, but not both.
01:33:43.900
They're doing a nativity scene where, just like the restaurant, all of the actors will be on horseback.
01:33:50.740
Jesus, Mary, Joseph, and because there are donkeys and camels, there will be people in donkeys and camel costumes on horseback for the nativity scene.
01:34:10.680
Yeah, now, so horse nog, do they make that out of horses?
01:34:16.020
I don't think you've been out there yet, but the deal with Snuffy's is it's a diner where all of the waiters are on horseback inside of the diner.
01:34:30.300
And then a clop, clop, clop, clop, clop, the horse comes up, and there's a guy, and that's their thing?
01:34:35.180
No, there's actually health sanitation laws that don't allow them to do that.
01:34:38.780
They have to put them in a stable when they go in.
01:34:45.760
That's why they're all, you know, anything you can think of involved in the nativity scene is on horseback, including the star.
01:34:57.820
They gave me a rundown of the spreadsheet of all the different horses and things.
01:35:08.680
Guys in donkey costumes with donkey masks, which I find horrifying.
01:35:14.260
Yeah, I was going to say it would be hard to explain to your children why the donkey is riding the horse.
01:35:18.780
And it places sort of undue emphasis on horses, in my opinion, and in the actual birth of Christ.
01:35:42.120
In Tennessee, a woman pleaded guilty to performing a sex act on a 16-year-old boy who played on her husband's football team.
01:35:52.980
She's now claiming that the acts were consensual and asking for the civil suit to be tossed.
01:36:02.020
She pleaded guilty to six counts of statutory rape.
01:36:05.540
She said that she and this high school kid had sex at least 11 times in her home and then in her car.
01:36:14.560
And then she was sending him, you know, videos.
01:36:24.820
I'm just thinking I lived in a very different world.
01:36:28.240
The attorney is now saying that he was not a victim of sexual abuse, that he was allegedly a willing participant.
01:36:40.840
Now, if I said that about a 15- or 16-year-old girl and a 29-year-old boy, things would be different.
01:36:47.720
But apparently, you know, this is fine to say about boys.
01:36:53.080
I think there's a whole Joe Rogan thing about this.
01:36:55.820
I think Joe Rogan's latest album, he has like six minutes of time dedicated to exploring this very issue.
01:37:01.580
And I think he kind of comes down on that position that it's like, meh, I'm not really worried about the guy.
01:37:12.980
I mean, is some 29-year-old coming in and having sex with my son?
01:37:46.340
And the real problem here with this kid's case is he apparently went back to lobby the coach and said, you know what?
01:38:01.640
And, of course, his loving wife said, you know what, honey?
01:38:13.020
Is there any word for the coach how that guy's doing?
01:38:17.900
But it says in the story he still backs his wife.
01:38:23.440
Into a garage, close the door, and leave the engine on what?
01:38:28.700
It's going to be a very awkward Christmas, regardless of how the legal proceedings go.
01:38:36.800
Graham Allen is one of the hosts on Blaze TV, Rant Nation.
01:38:49.520
For people who don't know you, introduce yourself.
01:38:52.820
Well, for people who don't know me, I am a dumb redneck from Mississippi that somehow
01:38:57.680
stumbled on into people's TVs and in their homes.
01:39:03.340
I think you're being a little, you're not a dumb redneck, but you are a redneck.
01:39:14.840
Yeah, I created something called the Daily Rants and the Dear America brand that a large
01:39:23.900
group of Americans seem to identify with, and that led into the creation of Rant Nation.
01:39:28.800
And so we are a pro-America, pro-Second Amendment, pro-Family Values show.
01:39:36.200
And yeah, things have been doing good so far, and I'm very, very blessed to be talking to you right now.
01:39:46.840
You'll go into a town or something, and there'll be this huge crowd lying around the block, and you'll say, whoa, what's happening there?
01:40:01.560
We have, it's a weird thing now, because we used to have broadcasts where everybody had
01:40:06.940
to be a fan, you know, or at least if you had a big fan base, everybody knew your name.
01:40:11.860
Now, because of the internet, these guys like Graham can grow and have a huge fan base, but
01:40:18.760
And so you just walk by them in the grocery store, and you're like, you have no idea.
01:40:26.040
Well, I don't think he even wants you to address him.
01:40:36.480
So, Graham, what we're looking at, you know, this coming year and what we've seen this year,
01:40:46.040
what are the biggest things that keep you up at night that make you say, we really have to get a handle on this?
01:40:53.700
I think that we have, the fact that we have democratic socialists even on balance is probably something that should keep everybody up at night.
01:41:03.920
I think that we're, I don't know, I think we're entering into a world where all we ever wanted was for our younger generations to get involved with, you know, politics and voting and this.
01:41:15.080
But what's happened is we've got these highly impressionable minds that are just believing garbage that they hear on, you know, lies and fake news.
01:41:24.340
And so now we are actually, unfortunately, potentially having to have conversations of how do we combat young voters and what it is that they're trying to believe that America needs to change into.
01:41:38.060
And so, I don't know, it's kind of like this just unfortunate thing that all we ever wanted was for, you know, for 18-year-olds and up to become active in our society and active in our country and vote and make a difference.
01:41:52.420
But unfortunately, it seems that a lot of our younger generations are believing the lies that socialism is a good thing.
01:42:00.620
Well, I think it's coming apart more, I mean, at the seams on every front.
01:42:05.980
If you look at a new survey out of those under 38, how old are you?
01:42:19.000
About half of those surveyed believe the United States is both a racist and sexist nation.
01:42:26.160
Do you think that's true in the people you talk to in your age group?
01:42:30.420
Do I personally think that's true or do I think that that is a widespread belief?
01:42:33.820
Widespread belief that you see it in your friends?
01:42:44.040
You know, where I live, you know, I can honestly say that I don't surround myself with people that are racist or that think that, you know, one skin color is superior to another.
01:42:59.660
I'm saying that they believe, you know, half of them believe that the United States is racist and sexist.
01:43:10.120
I believe that there are groups of people or whoever it is that they are polling that, yeah, I believe it.
01:43:15.820
There's also, I think it's interesting, you brought up democratic socialism a moment ago, Graham, which I am likewise horrified at the prospects of rearing its ugly head in the United States.
01:43:24.200
When they do these similar surveys, it might have been from the one Glenn brought up, I don't know, but they'll ask, capitalism tends to have a really low polling rate with millennials and younger, but free enterprise is weirdly good.
01:43:38.540
It's this odd thing where it's kind of this disjointed analysis where when you talk to younger people and you sort of describe, you know, do you like entrepreneurs?
01:43:51.040
So there's part of its branding and part of its just incoherence.
01:44:00.280
He's, he's from Australia, wanted to come over here, had a hard time getting a visa to come over here and live.
01:44:09.700
He finally got in after years and years and years of trying.
01:44:13.740
And he's the one who commissioned this report because he does something called flag where he's trying to remind America how great America really is.
01:44:22.760
Because he's like, I, I lived on the other side of the planet and I could see it.
01:44:27.020
He continues, 46% of younger Americans do not believe that America is the greatest country in the world.
01:44:33.300
14% of millennials believe that America was never a great country and never will be.
01:44:39.540
48% of those under 38 think that America is more racist than other countries.
01:44:46.580
44% of younger Americans think former President Barack Obama had a bigger impact than George Washington.
01:44:54.760
That's, that's, uh, that's a little frightening.
01:45:01.440
I, you know, Glenn, if I could really quick, I want to touch on the main thing that stuck out to me is that America is not great.
01:45:08.960
I think that what's happening right now is we're having a group of people that are taking actual words and meanings and definitions and changing it for themselves.
01:45:24.500
But to sit there and say that America is not great, uh, you either are truly the result of the spoils that we have within our society.
01:45:33.160
You know, uh, the, the, the, the, the blessings that we have on a daily basis that you just truly don't understand or you don't understand the difference between great and perfect.
01:45:42.420
And, and I think that that's what, I think that that's a huge issue that we're having these days is people are trying to act like, you know, well, America's America is not perfect.
01:45:58.520
The idea that so many people can come together and be different and live under one title that is American.
01:46:05.040
I mean, that idea is awesome, but it's never going to be 100% realized.
01:46:11.160
Maybe a more apt phrase would be America's not Norway.
01:46:14.700
I find that a lot of the people that I talk to are just kind of bothered that we're not Northern Europe.
01:46:18.360
And then when you, when you drill down and talk to them about it, they don't actually understand Northern Europe very well either.
01:46:25.840
Uh, the, the prime minister of Denmark came to America to remind America that it is a market economy because Bernie Sanders kept pointing to it as a beacon of socialism in the last election.
01:46:36.380
They literally flew over their leader to go, nope, we're a market economy.
01:46:39.740
We do have high taxes, but we have a market economy.
01:46:41.760
So it's, it's, it's, uh, it's, it's truly remarkable what, uh, uh, how little we know and appreciate.
01:46:49.520
And on your point, Graham, about being perfect, you know, I talk about it in, in my latest book and, uh, it's, you know, uh, it's, it's this idea that we have to dismiss the declaration of independence and the constitution because they weren't doing it.
01:47:05.440
Well, tell me any group of people at any time who said, we hold these truths to be self-evident that all men are created equal, endowed by their creator with certain inalienable rights and among them, life, liberty, and the pursuit of happiness.
01:47:17.040
And a government is instituted among men to protect those rights.
01:47:21.860
Tell me anybody, any group of people ever, even the 12 apostles who got that right.
01:47:33.780
This is an idea that is an, in, that is a, an aspirational idea saying, this is what we're shooting for.
01:47:41.900
And if we ever got to the point where we're like, wow, wow, look at us.
01:47:47.100
Then we would need another aspirational statement to say, okay, we can do better than that, but we haven't done better than that.
01:47:56.160
And at least it's our stated goal to be that way.
01:48:01.400
He, he was saying, don't tear this down, live up to the inspiration and your, your, your vision for what this country could be.
01:48:11.700
Graham Allen, a host of rant nation now on the blaze tv.com.
01:48:25.360
We definitely have something that will appeal to you.
01:48:28.280
Even the oddballs, uh, in the group, uh, something's off with Andrew Heaton, which, uh, which I really enjoy.
01:48:38.220
By the way, if you use the promo code Beck, Beck, Christmas promo promo code Beck, Christmas, you'll get $20 off your subscription for, uh, for the year.
01:48:51.220
Beck, Christmas is the promo code blaze tv.com slash Beck.
01:49:00.700
So how fast can your life be turned upside down?
01:49:06.400
Last week we saw Alaska and, uh, the earthquake and how fast something can, can happen to you.
01:49:18.100
Well, the last one they had in 64, I mean, the last big one they had in 64 was a nine and they have these plates, um, that are actually, one is sliding underneath the other.
01:49:30.000
And so it causes, that's what, that's why they have, their mountains are so huge.
01:49:33.020
It just causes these things to just rise up out of the ground.
01:49:37.600
If you haven't seen the pictures of Alaska and, and by the way, Alaska, I'll have, you know, we were on the plane, I think over the weekend, I found out yesterday, Mercury one is up in Alaska.
01:49:48.660
Uh, and I think it is our partner city impact that is, uh, is up in Alaska.
01:49:54.900
So if, if you want to help the Alaskans, um, you know, clean up and, and help each other, we're there and you can go to mercury one.org, um, and, uh, and help them.
01:50:06.840
Now, if you, if you've seen this and you realize, wow, you know what, something could happen in my life pretty easily.
01:50:16.540
We could, um, you know, have a flood, have to get out.
01:50:21.100
So best way to prepare is to make sure your family can eat.
01:50:26.720
And right now they're offering the lowest price of the year on two popular emergency food kits.
01:50:30.700
Just go to prepare with Glenn.com prepare with Glenn.com food kits include breakfast, lunch, and dinner last up to 25 years in storage.
01:50:39.280
And it is the thing that I have done for my family.
01:50:41.680
And I recommend, highly recommend that you do it to prepare and you'd go to prepare with Glenn.com.
01:50:51.100
Uh, so how do you feel about, uh, are you anti-Latinx?
01:50:59.400
Although, I, although I, I was telling you, I'm, um, I'm not, uh, I'm not opposed to updating my lexicon.
01:51:04.700
However, that one does confuse me because from what I understand, Spanish is a Roman-esque language.
01:51:10.920
So there's, there's gender, A's and O's and everything.
01:51:13.300
I mean, like, like, like, you know, cups and mugs and everything, everything is either a male or a female.
01:51:16.820
So I'm, I don't know why that would become a gender-neutral one and, and what the rationale was behind it.
01:51:22.480
Well, it's white people saying that, um, I, I think it's, it's, it's really oppressive to say, you know, uh, to have gender, um, you know, specified.
01:51:36.900
That were, that were kind of foisted from, uh, it's got to come from a university that said, hey, you know what?
01:51:44.040
Man, those, those Bronx universities, you can't swing a dead cat without hitting an academic in the Bronx.
01:51:48.200
Did that sound like something Mob would come up with?
01:51:50.780
Yeah, I tell you what, we're just going to call you, uh, Latinx.
01:51:56.880
That would, like a mafia-sponsored university would be fascinating.
01:52:00.000
I would definitely go to a comedy on the campus.
01:52:03.640
And you'd probably come out a little more American, you know what I'm saying?