Best of the Program | Guest: Carol Roth | 1/22/24

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It's a great pre-show, if you will, for the New Hampshire primaries.

We start off with Ron DeSantis and all the people that are saying, what did he do wrong?

How come he didn't do better?

I think we have the answer, and it's not one that you're going to hear really elsewhere.

We also talk about the economy, what's coming in the economy, what the banking sector is doing along with the Fed to really speed up the process of de-dollarization all around the country.

But also,

we tell you two stories that are unbelievable that came from this audience.

Two things that have really

put us at the verge of saying checkmate to ESG and all of that.

Another story came out of Florida that we are going to report on on today's podcast.

You don't want to miss a second of today's podcast.

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you're listening to the best of the blend back program welcome to the blend back program

so

apparently not everybody agrees with us on nikki haley there is uh one person

and i know who they are but they left this they left left this note on my desk, true confessions of an underground Nikki Haley supporter.

He wrote, I'm writing this from a secure and heavily guarded location.

I'm under 24-7 monitoring and protection, kind of like Epstein, but I'm actually being cared for.

There's a lot of debate within the Conservative Party, but unlike the Democratic Party, the Republican Party typically

is open to differing ideas unless you're a Nikki Haley supporter.

Apparently, then straight to the gulag with you.

Yeah, pretty much.

Pretty much.

I mean, is that...

No.

I'm willing.

I'm writing this anonymously to save my family from embarrassment and ridicule.

My name is John Doe, and I am a Nikki Haley supporter.

Let me explain before you dox me.

People say Nikki is a Democrat.

Well, do you know who else was a Democrat up until five minutes ago?

The right's favorite, loudmouth, Vivek Ramaswamy.

Donald Trump was notorious hanging around the Democratic circles before switching over to the right.

And iconic Republican president Ronald Reagan was on the left side as well.

So Nikki is in good company.

Well, no, there's actually, I mean, if you look at the examples you gave, they all started on the left and then they moved right.

Where Nikki, well, I don't need to.

Being a Nikki Haley supporter is being like a Dallas Cowboys fan.

Everybody hates her for every

reason imaginable.

You can get hate from every side.

You know what she's capable of, but she just won't do it.

I know what you can be, Nikki, and I want people to see you how I see you.

But don't just help yourself when you appear, but you don't help yourself when you appear wishy-washy on abortion and transgenderism in children.

You have a successful track record, just like Ron DeSantis does.

You started the campaign off strong, just like the Cowboys, but you're choking in the playoffs, Nikki.

You had a decent showing in the Iowa caucus.

New Hampshire and South Carolina are yours for the taking now that DeSantis is out.

Just don't say anything stupid.

Please don't disappoint me.

I've been disappointed in you enough this year already.

Wow, that's a overload.

That's a ring endorsement there of Nikki Haley.

Jeez.

And we all know who this is.

There's somebody on our staff who show up in Nikki Haley t-shirts all the time.

That's not necessarily a good endorsement.

I will say it is a bit extreme to call her a Democrat.

I mean, she does have a good record.

She was a good governor in South Carolina generally.

Again, I think she's out of step with certain things in the Republican electorate right now, as Pat will be happy to outline.

Pat Gray is with us, and he can outline every part of this.

But

to call her a Democrat is just,

you know, it's primary nonsense, right?

Like, she's not a Democrat.

She would be much better than Joe Biden.

Well, the problem is a lot of her support in New Hampshire is coming from Democrats.

And so a lot of her money is coming from Dampshaw.

That's the big thing.

The money is coming from her.

Right.

Right.

But again,

there's a big difference.

But I mean, of Nikki Haley and Ron DeSantis, who would you have thought six months ago would be among the final two?

Yeah.

Ah, my God.

Well, you know, if we were

to go, honestly, if we really would have looked at it, we would have probably said that it would be Ron DeSantis down to those three.

No, I'm sorry, Nikki Haley, down to those three, if we had really thought about it, because the Ron DeSantis voter is really the Donald Trump voter.

None of those people are going to go away from Donald Trump, I think.

But I mean,

this whole thing, she's still around and she's in second place or whatever is a little misleading.

It's like, you know, John Casey also quote-unquote finished in second, right?

Like, I mean, he didn't finish in second, but he hung around longer than Cruz did.

Yeah, DeSantis beater in Iowa.

Yeah, yeah.

Which supposedly punched his ticket to continue.

Right.

Okay, well,

was your ticket revoked?

It was revoked six days later.

I believe the answer to that was it was revoked by his donors, is what it was.

The rumor was he was talking to his donors, and his donors said, look, it's not going to happen, and we're not going to keep funding this.

And that's when this decision was made.

And that's what's weird about Nikki Haley.

The Democratic donors are like, yes, we'll continue to fund you.

That's the real problem with Nikki Haley, is the donors that are coming from the left.

Yeah.

Was it donors or was there some kind of arrangement made with Trump, do you think?

Is that possible that Trump has offered him a position, either vice president or some cabinet position if he gets out right now?

No, no, no, no, no, no, no, no, no, no.

First of all, I don't think Ron DeSantis would take the vice president role.

I'd love it if he did, but I don't think he would take it if it was offered.

Should.

I think he should be offered and should accept the AG role right now.

It's interesting.

He's the attorney general.

He'd clean up that mess.

His background is law.

He's really serious about it.

He could really root out the deep state and do all the things that, you know, the president,

you know, can't necessarily because he can't be involved with justice.

It'd be interesting.

There's a lot of candidates for that particular job, too.

I mean, Cruz would be great at that job.

Cruz would be great.

And, you know, he's become much more.

Mike Lee would be great.

Mike Lee would have Christie, who's been Attorney General.

Yes.

Yeah.

Wait, why didn't they talk about that during the campaign?

He mentioned it once.

But you have to listen really carefully.

Really carefully.

Really carefully.

Yeah.

Yeah.

So, who do you think he should pick for?

Because he said, he came out and he said,

I've already selected my running mate, and people are not going to be that surprised by my selection.

And he said, I don't think it's going to have that much an effect on the election.

I think, to me, that signals Sarah Huckabee Sanders.

Oh,

well,

yeah, I mean, that makes sense.

Might be her.

Nobody would be surprised by that.

That's true.

And it won't really affect the election.

Because

it's a woman.

It's somebody who's loyal, somebody that won't take the spotlight.

We did talk about that little nugget in an article about the vice presidency where it said Sarah Huckabee Sanders, the fact that she waited as long as she did to endorse Trump was quote unquote noticed in the inner circles of Donald Trump.

So who else could it be?

Christy Noam?

I think Christy Noam's a possibility.

Possible.

Because she's look, Christy Noam,

as Donald Trump says often about candidates right out of central casting, right?

Like she's an attractive candidate.

She has in more ways than one.

She

thank you, Pat.

You're wrong.

We didn't get it.

You're wrong.

We didn't get that.

No, I just wanted to make sure that that was right.

Yeah.

But also, she's smart.

And the other thing is, and this is not an, I don't mean this as a knock on Christy Noam, but the one thing you talk about her as a candidate for the future or as her at the top of the ticket is she's kind of boring.

Like she is not like a particularly like engaging.

She's smart, but refined and kind of like just lays things out, but

she's not a camera seeker.

And that's when people talk about Vivek Ramaswamy for this role.

Like, Vivek loves being in front of the camera, loves fighting with everybody.

And I don't, that's not usually the profile that Trump goes for in these positions.

So I don't know.

Maybe he will this time.

The other person that

hang on just a second.

He does not need somebody who has personal problems

and

names to be dragged out.

He doesn't need that.

I don't know.

It's the type of thing that Trump completely can overcome.

This is a criticism of no one

made by some people, but it's like, I don't know.

I mean, it kind of puts her in a position where certainly loyalty is more likely in a situation like that.

Let me put it that way.

Another person who I think, if you take out the identity politics of this,

and you just say,

like, we always talk about not caring about skin color or gender, right?

If you take all that out, you know, J.D.

Vance is a really interesting candidate for that role.

He's super smart.

He can argue with anybody.

He knows the media.

He's famous in his own right.

It's a somewhat some.

I mean, I don't think Trump's going to give any trouble.

People will be surprised.

People would be surprised by that.

You're right.

I agree with you.

You'd make a great candidate, but that would be a surprising candidate.

Donald Trump said,

you're not, people will not be that surprised when I announce, and it will never never really,

it, it will never have that big of an effect on who I choose.

So, he's not going to choose a game changer, and he's going to choose somebody that everybody goes, oh, yeah, that makes sense.

I don't think JD Vance is in that category.

Our friend Yaku Boyans is saying that he's hearing Ben Carson being tossed around.

I have heard that tossed around.

Yeah,

that would not be surprising

because it couldn't get anybody more quiet.

Or Milk Type.

Yeah, I think it would be bad.

Yeah, I do too.

I do think that loyalty is going to be the number one thing he thinks about, right?

Because he believes that

Carsons would fit that bill.

Right.

I would be anyone who you would say,

easy test.

If you put that person in the same situation as Mike Pence, would they agree with Mike Pence or not?

And if the answer is, yes, they would agree with Mike Pence, I don't think there's any chance they get this job.

Right.

Fundamentally, this is the most life-changing moment in his political career, right?

Maybe his entire life that he believes he was wronged at.

Again,

putting aside whether he was wrong, but like, you know, if he believes that, why would he choose someone who would go down that same road?

And I feel like that's going to be his number one.

He's going to say a lot of things, Glenn.

I think it's tough to read the tea leaves with Donald Trump because he likes the drama.

He likes

the reality show part of him loves him talking to one candidate.

Look, it looks like I'm going to fire you, but then I'm going to fire you.

Like, he loves doing that.

So it's hard to do.

When he announces there will be music, he'll say and my selection is and then dun dun dun bun dun bum dun dun bum bum bum bum bum bum bum bum bum bum bum bum bum bum bum bum carrot top whoa i did not see that coming at all

he does like that drama he does he does like that drama so anytime he says something like it's you're not going to be surprised like who knows if he's trying to throw people off the scent whether he's even made the decision or not i don't think you can trust anything he says to the media especially in these moments.

But when you look at trying to break it down, you know, I think a lot of these candidates do fall.

And I don't, Nikki Haley to me doesn't make any sense.

None.

I don't see why he would do that.

The only thing

some of the analysis I've read by people who are, you know, on the inside of the Trump world say the one thing he would do to choose someone like Haley would be if he was convinced it was the only chance he could win.

Like if he got to the point where he believed he was behind and he saw Haley as overwhelmingly popular and he thought it could bring him across the finish line, he'd pick anyone.

She's not, though.

No, I don't think so either.

No, and she would hurt the diehard Trump supporter.

They would be like, oh, come on, man, don't sell out.

Well, I don't know.

I was talking to Dave Marcus.

Dave Marcus is the guy I do the Megan Kelly show with when I go on there.

And Dave brought up.

It's weird because I do it with Megan Kelly.

Absolutely.

Well, I do it with Dave and Megan, and it's great.

And I'm not in the Radio Hall of Fame, and you bring that up twice a day.

So I get it.

But

he brought up an interesting point, which is there's part of the Trump experience, which is like he doesn't care about that.

If he believes it's the right thing, he believes his voters will go along with it.

Right?

Like the whole famous thing about

that.

I'd shoot people on Fifth Avenue, and I wouldn't lose any votes.

He believes that.

And he says, look,

if I think Nikki Haley's the right person, then get on board.

Nikki Haley's the right person.

And I think that's true if he makes that decision, but I don't think he'd make that decision for any other reason than he believed it was necessary to win.

Which

certainly right now it's not.

I mean, he's in

the recent position in the polls he's been in in any of his presidential runs right now.

That's one of the reasons why I like Ramaswamy, because there's a new poll out.

I'll tell you about this new poll about Gen Z voters and what they're saying right now.

This is not good for President Joe Biden.

This is the best of the Glenn Beck program.

All righty.

We have Carol Roth on with us.

So let me give some good news to this fantastic audience.

Big news from Florida.

The law that we spoke about

the last time that Justin Haskins was in town in Dallas, we were talking to a Florida representative.

It is working.

More than 100 Florida banks, including some huge nationally chartered banks, have just signed an agreement with the state that they will not discriminate on the basis of customers' political views.

This is one of the main reasons why we wanted this in the first place.

You can see the legislation I'm going to tweet it out here in just a minute or so.

The legislation behind this is the same that we've been promoting since the Great Reset book was released in January of 2022.

Same legislation that lawmakers learned about when they came to the summit that we hosted at Mercury One in Dallas.

And it's the same one that I talked about when I was

on the stage at the Pro Family Legislative Conference in November of 2023.

This is a massive, massive win.

Donald Trump has also formally committed on the campaign trail to stopping banks from discriminating on the basis of politics.

The whole point of the bill that we were pushing

in Florida.

If other states pass bills like the one in Florida, we will win and destroy ESG.

We're getting an update.

Hopefully, I'll have one by the end of the show on how many other states are taking this up.

But Florida, again, is leading the way.

Donald Trump says he is

right with this.

We need your state to follow Florida's lead.

The banks are jumping off, and they are actually signing

promises that they will not

consider your politics when looking at loans or anything else.

That is huge, Carol.

Huge.

That is huge.

And I want to point out, Glenn, this is the second grassroots win that we've heard about within the last seven days.

And I am so proud of you and everyone in your audience who has been saying, I'm not sure that I can make a difference, but I'm going to try.

I'm going to write a letter.

I'm going to send some comments in, whether it's to my state legislator or representative or to my governor or whoever it is.

We're seeing that when enough people stand up, they can make a difference.

And that should inspire and fire everybody else up to continue this because it is working.

And so I'm thrilled, by the way, that I get to say some, participate in some good news on your program.

I know, I know, I know.

That's going to end soon.

Your mood won't improve much, but

I do want to point out what you just said.

Talk about what happened last week that was another massive win, and it started with this audience.

It 100% started with this audience, and it started with you and Marlo Oaks, the treasurer out of Utah, who

brought to our attention these natural asset companies and the fact that the New York Stock Exchange had gone to the SEC and said, we want to list them.

We want to list these companies who can control and manage natural resources.

And we said, no, this isn't going to happen.

And so you brought this to everyone's attention.

We came up with a template.

People from this audience, hundreds of people from this audience came, emailed me personally for that template, sent it in.

And there was so much pressure that the SEC didn't even get to rule.

The New York Stock Exchange withdrew the rule because of the pressure from patriots, from this audience.

It was an absolutely huge victory.

So now we've got this.

We've got the ESG, we've got the non-discrimination.

We have momentum.

So certainly lots more work to be got done, but everybody should take that moment to take a victory lap.

It doesn't mean you have a party for the rest of the year, but for a quick moment to say, I made a difference.

If I participated, and if you didn't do it the last time around, next time around,

do it the next time because the more people who do it, the more of a chance we have to make that difference.

So we're going to get into why this is so critical that you understand the power that you have

and really know it.

It's critical.

Make sure you're listening next hour because I'm going to show you massive moves now being made

on silencing voices like ours to alert people like you.

So you may have to be the replacement

voice to encourage others.

It is the digital ghettos are being made right now, and they're going to start putting people behind those walls soon.

Okay, so Carol,

let me explain the discount window and see if I have it right.

Discount window at the Fed.

Think of a bunch of windows at a bank where you walk up to Windows.

The discount window was where banks,

if they walked into the Fed, which is the bank of banks, okay, so all those windows, there's bankers at the windows, no people like you.

And the discount window was the kind of shameful window at the end that everybody could see.

And you could walk up to the discount window if your bank was in trouble and say, I need to borrow some more money.

I need it here because we're getting a little dicey on our books.

And all the bankers could look over to see who was in line at that discount window.

And then they'd say, Bank of George is in trouble.

Did you see that?

George was just up there.

The Bank of George is in real trouble.

And so it was shameful and nobody wanted to go up to that discount window.

After 2008, they took all that shame away.

And now you can walk up and go,

man,

right?

Are we all in trouble?

You bet.

Can you give me some more money?

Do I have that right?

Pretty similar.

And it's an unfortunate name because the discount window does sound like a place at Nordstrom where you maybe get a discount on some goods, right?

But you said it is sort of has has a stigma attached to it because within the banking system, within the plumbing, as you noted, banks lend to each other on a regular basis.

And if you're in good shape, you may go, if you have a liquidity need overnight or for a short term, you may go to another bank and you may get a loan.

And that's actually what the Fed funds rate sets that target rate of lending at that we hear.

We hear, oh, you know, we're going to go up 50 basis points, we're going to go down.

That's that interbank lending rate.

The discount window, as you mentioned, is at the Fed.

Funny enough, it's not even at a discount, it's actually at a premium to the Fed funds rate because banks who can't get the money elsewhere have to go to the Fed.

We've heard the name or the phrase, the Fed is the lender of last resort, and that's if you're in line at that discount window, it's because you've got nowhere else to go in order to get that money for your liquidity.

So, while that information isn't reported

usually on a case-by-case basis for about two years, you don't know specifically, there's enough detail that participants in the market can infer who's going to those windows.

And then also, it's a very important market signal because in the aggregate, if we're seeing a lot of loans being taken down via the discount window, which is reported on a regular basis, we can infer that there's trouble in the banking system.

So like we did last March when there was the banking crisis, you saw this huge spike in discount window usage.

So I think that that kind of pieces this all together.

Okay, so now what has the Fed done?

So there is a new rule that is being worked on.

This had been rumored to be happening for a long time and now it's finally come out.

And it's between the Fed, the Treasury, and the, I believe it's the FDIC.

And they are planning to say, well, because there's so much, well, actually, they're not saying because because I'm getting ahead of myself.

So they're basically saying they're going to introduce a new rule that if you are a bank over a certain size, I think the $100 billion is the assumed cutoff point, that we're going to force you to use the Fed discount window every year on whether you need a loan, whether you don't need a loan, whether you can borrow from another bank, doesn't matter.

We're going to make sure that you do it.

And the reason they think we're so stupid, they say, well, the reason we had this crisis in March wasn't because we had all of these underwater, you know, securities on banks' balance sheets.

No, no, no, that wasn't the issue.

It was because they couldn't figure out how to use the discount window.

So this will be like a dress rehearsal or a fire drill.

So if you do it on a regular basis, now you know and we can avoid the other crisis, which is absolutely insane.

And if you believe that, I have a bridge to sell you.

That is like a cops saying,

yeah, well,

we've got to fire our guns, you know,

at people once in a while because otherwise, if something happens, we won't know how to fire guns at people.

I mean, that's crazy.

Of course, they know how to use it.

That's their job to learn how to use it.

It seems to me they're forcing these banks to do it so we don't know who's in trouble anymore.

Bingo.

So there is this great newsletter called FX Hedge, and they brought this out into the open, has sort of surmised the different reasons why this was happening.

And I'll add my own flavor in here too.

But like you said, the obvious reason is that they're trying to obfuscate the information and the signals.

They're trying to hide what is going on in the banking system.

So that's the clear reason, the only reason why you would force everybody to do it.

Because of course, if you're part of the Fed system, you're going to know how to use the discount window, right?

They're big, big, huge huge banks and they can't figure out how to use the discount window.

I mean, it's absolutely insane.

But it also kind of, if you start going down the line, it means that they must think that there's some reason for them having to hide this information, which is the various issues and weakness that we have known for a while remains in the banking system.

On top of that, this FX hedge newsletter also talked about the idea of consolidation, something that you and I have spoken about a lot within the banking system and centralization.

That if the banks are no longer lending to each other and they're now relying on the Fed, this is shifting the banking system away from more of a quasi-free market to a more Fed-controlled system, which we know is something that we have been concerned about with CBDC.

And then a fourth reason could be these liquidity issues that we're seeing in the treasury market and the need for the Fed to find ways to increase its balance sheet without calling it QE.

So, lots of possible different reasons, but certainly that first hallmark reason that they are trying to hide information and issues within the banking system

is just

not only a head scratcher, but it's a red neon sign.

Okay, so Carol, there's also something going on that I don't understand, and that is we are now, I guess, the U.S.

has proposed that we just take $300 billion of Russian assets, unfreeze them, and I guess what, divvy them up to us?

What is this?

All right.

So, this is a proposal that is expected to be put forward at the end of February.

And it's something we need to keep our eyes on because, in the context of the discussions we've been having about de-dollarization and the U.S.

being the global reserve currency, it's very important.

There are people like Larry Summers, who, as you may remember, was a former Treasury Secretary under Clinton.

He was also Obama's director of the NEC.

And so he's been working with some other economist folks in the G7,

and they are exploring ways as a group to figure out how they can legally take all of the assets or at least $300 billion of the assets that they froze back when Russia invaded Ukraine.

You remember they did this, they weaponized the dollar and it created all sorts of issues, and they had frozen those reserves so Russia couldn't access them.

Well, now they're trying to justify legally that they have the ability to seize those fully.

So, not just freeze them.

We went from freeze to seize,

take them.

And what they want to do is they want to give them to Ukraine.

They're going to compensate Ukraine in some way, shape, or form.

I know,

it totally doesn't sound like money laundering at all, Glenn.

I'm not suggesting that.

But yeah, so they wanted to use this $300 billion that belongs to Russia, seize it quote-unquote legally.

And so they have been in this working group and it's expected that at the end of February, I think that the date's February 24th, they're going to be in this group and that they are going to make this announcement.

And if you go to Larry Summers' Twitter, you know, he's talking about, you know, oh, I'm so excited that the G7's on board with this and this is the moral and right thing to do.

This is,

you know,

I can't even believe that they're trying to position it this way because obviously when they took the step to freeze the reserve assets, this in terms of our position as the world reserve currency and the trust of the U.S.

created all kinds of ripple effects.

And now if you're somebody who buys food or energy that that's priced in dollars, you're you're trying to find a workaround, which is why we've been seeing this de-dollarization, why we've been seeing this trade going on from China and other countries in other currencies, and in many cases, settled with gold because of this.

Now, they're going to just say, we're going to take them and give them to whoever it is that we want.

This is an epic disaster.

It is a complete dereliction of duties.

And somebody in Congress needs to get the Fed and the government under control because we cannot do this unless, Glenn, and we've talked about this before, this is an entirely intentional way to

get the dollar to continue to topple and not beat the world's reserve currency.

Let me ask you something on Jamie Dimon.

Last week, he was at the World Economic Forum, and he came out shockingly, you know, very praiseworthy of Trump saying, you know, hey, we should listen.

He's right about a lot of things.

People didn't understand understand what he was doing.

I saw this as a way of auditioning for Donald Trump to say, make me your Treasury Secretary.

Does that sound right to you or plausible?

I'm so glad that you said that because I had some people who went to the J.P.

Morgan Healthcare Conference, which is their marque conference in January, and he gave a sort of internal speech there.

Somebody asked him, said, Jamie, would you ever want to be president?

And he said, well, I've seen these wonderful business people go in before and run campaigns and they haven't been successful.

But, you know, if somebody tapped me on the shoulder, then I would have to rise to the occasion.

So he is putting the word out in his circle that he is interested in something much higher.

So I'm with you, Glenn.

There's something there.

Yeah, something big.

Thank you so much.

I appreciate it.

Carol Roth, the name of her book is You Will Own Nothing.

This is the best of the Glen Beck program.

So there is a new poll out that was conducted on behalf of the Committee to Unleash Prosperity, which divided respondents between elites, people with at least one postgraduate degree, earning more than $150, $50,000, and living in zip codes where the population density exceeds 10,000 people per square mile.

And then they put everybody else in the general public, okay?

So you had to have at least one postgraduate degree, $150,000 job plus, and live in a zip code that's high density, okay?

Everybody else was not considered elite.

They then recorded the responsors of a subset of super elites and elites.

Now, the super elites were those who graduated from the prestigious private universities, the Ivy League, Duke, Stanford, Northwestern, and that made you a super elite.

Wait until you hear what they found.

It's not going to come as a surprise,

but 73%

of the upper class, the superelites,

and the elites consider themselves Democrats and approve of Joe Biden's performance

at 84%.

So

73% of the superelites and the elites are Democrats and by 84% that 73%

loves Joe Biden's work.

Now that's surface level.

Listen to this.

74% of the elites and 88% of the superelites report their their personal finances are on the upswing.

Not a surprise, right?

The bulk of those who remain say they're either unsure or they're getting neither better nor worse.

Then there is just a negligible portion of respondents that say their pocketbooks are getting lighter.

Now that's all in the elites.

Compare that to the Americans more generally, the rest of the people in the survey that don't fit into those categories I just explained.

it's hard to believe they're living in the same country.

We are becoming more and more divided in our country with everything, with absolutely everything.

40% of Americans say their financial situation is worsening, and only 20% say it's improving.

So those who are elites, they all say it's getting good.

88% say it's on the upswing.

20% of the regular people say it's improving.

40% say it's getting bad.

Now,

let's look into the rest.

The class

disproportionately represented in positions of influence don't feel the same economic pain that Americans do, the rest of us.

Because

because of that, it makes them less likely to take steps steps that will alleviate your pain, but will actually make things worse.

They're supporting Biden because they're getting richer.

You're feeling pain.

So the elites don't see this as really a problem because they're fine.

A stunning

77% of elites and 89%

of super elites

support strict rationing of meat, gas, and electricity.

Let me say that number again.

77%

of elites and 89%

of super elites support strict rationing of meat, gas, and electricity.

72% and 81% would ban gas-powered cars.

55%

and 70%

would prevent Americans from engaging in non-essential air travel.

47 and 55%

believe the government affords Americans too much freedom.

Holy cow.

The rest of the country

doesn't feel that way.

The percentage of those who are not elites or superelites that would agree to any of those things is between 16 and 25 percent.

70 percent of elites double the number of average americans and eighty nine percent of super elites say they trust the government to do the right thing

this is not a war against republicans and democrats this is the elites versus everybody else.

They don't see the world the same way at all.

And I know this to be true.

When you live in, let's say, Manhattan, you're living in, if you're living, you know, anywhere near the park,

you are not living with real

people that understand and look at America the same way.

The easiest way to say is New Jersey, which is just across the river,

that's like Hillbillies and Hicks.

They don't understand anything until they get to Los Angeles.

They don't get it, and they put everything in one bucket.

They don't get it.

We get it, and the people in Los Angeles get it.

The people on the coasts,

everybody else is disposable.

They don't add anything to our lives.

What?

We we can do whatever we want here.

We have everything we want here.

What else matters?

I mean, God forbid we do anything to London or or Paris except get rid of some of the riffraff because those are places we like to go to vacation at.

This poll is absolutely stunning to me.

So now take what you know again.

Let me just tell you again

that

they approve of Joe Biden by about 83%.

83% are getting better

in their finances.

They support by 77 and 89%

of the super elites support the strict rationing of meat, gas, and electricity.

81 would ban the use of gas-powered cars.

70%

would prevent Americans from engaging in non-essential air travel.

And 55% believe the government affords Americans too much freedom.

With that in mind, now

let me tell you about Davos.

Davos is putting together an exclusion list, a list that they're creating to demonize sources of sharing so-called disinformation.

Now, what exactly is disinformation?

Well, disinformation is real.

It is the...

It is the intent of the author to

lie to a group of people to get them to believe something that isn't true.

That's disinformation.

It's intentional.

Misinformation is not intentional.

But now they have exclusion lists to demonetize, which means getting rid of all advertising, even banking access.

anybody who is sharing so-called disinformation.

The president and CEO of Internews, Internews, an international non-profit that provides support to independent media outlets in more than a hundred countries, addressing how to prevent the spread of what they consider inaccurate information, they talked and did a talk at the Davos conference panel, and the panel was called Defending Truth.

Global trust in institutions is eroding, reflected in how 40% of people consistently trust news, empowering internet users with media information literacy, advancing information integrity, and enhancing transparency.

It's vital for addressing the spread of false information.

So the question was, what actions do stakeholders need to take to preserve a healthy trust

ecosystem?

Now, remember, we're not talking shareholders anymore because that's you.

We're talking stakeholders.

Those are the elected officials, the CEO of companies, the boards of directors, and the politicians, the global elite.

Oh, I forgot.

Also, the university systems.

Those are the stakeholders.

You don't have a vote.

Your vote is when you pick one of these politicians.

That's your voice.

Now, they said the most effective way to keep people from being exposed to so-called inaccurate information is to develop a list or guides for advertisers that tell them where to and where not to spend.

Now, this is where it gets interesting.

Media Matters used to do this, and all of these lefty organizations, they do it because they threaten boycotts.

They say, oh, if you're not with us, then you're against us.

If you're with them, then you're our enemy.

If you decide that their audience is worth your time and money, we know that those people are all deplorables.

We know who they are, the unwashed masses.

So if you want those people as customers, then we're against you.

Now they are going to the global elites and

the governments, and they are now saying to these stakeholders that you don't want to advertise there.

The governments are giving people permission to be able to debank.

So they put pressure on it and say, you know, this person's spending a lot of time

saying things that just aren't true.

Like, I don't know, the jabs may have not been the best of ideas.

You can't bank with those.

And if they go to the advertisers and say, you got to drop your commercials from that show,

they'll be debanked if they don't.

You see how this blackmail works?

Now, listen to this: disinformation makes money, and we need to follow that money, and we need to work with, in particular, the global advertising community.

Those dollars are going to pretty bad content, so you can work really hard on exclusion lists or inclusion lists, but just focus on their ad dollars, going to good news and information, the accurate and relevant news and information.

Here's what Internews does.

They train journalists and digital rights activists.

They tackle disinformation and offer business expertise to help media outlets become financially sustainable.

Look at the incentives.

The organization aims to eliminate disinformation designed to manipulate elections, distort public debate, incite violence, or undermine public health.

All of these things are good and noble causes.

We just don't agree on what's true or not, what the public health is.

I think by pointing out, hey,

you know, the testing of that jab, it's not what they say it is.

Hey, I think it actually came from a lab that we helped fund in China.

I believe that's the truth.

Asking questions only leads you closer to the truth.

They think that's disinformation.

This is a,

they say, a national and global security threat this year because of the elections.

You need to shore up your credibility with everybody you know.

You need to get rid of all of the things in your life that you might have done wrong or are doing wrong.

Get them out into the open, clean them all up, make amends where you can, so you don't have anything to fear.

Then you need to start speaking out, but you need to be well researched.

You're smart enough to figure things out.

You don't immediately sign on to things that you're like, oh my gosh, here's a silver bullet, and it's exactly the answer I was looking for.

Be cautious of those things.

Do extra research.

You know, the things I tell you,

I always, I really want to be wrong.

I really want to be wrong on these things.

I hope that I am.

But one thing that disinformation,

the real purveyors of disinformation do, will say, don't ask any questions.

You can't ask that question.

You just accept this.

You should ask questions of not only people you agree with, but people you disagree with.

You should ask questions to the deepest questions of yourself.

Because if you stop asking and talking to people who differ with you, then you grow arrogant and you become just like

those people.

You become so arrogant.

I have nothing to learn from you.

You're just a moron.

You're beneath me.

Did you go to Harvard?

I did.

No, I didn't.

And that's why I'm still asking questions.

You should always ask questions and people who tell you not to, just to trust them

run from them and don't become like them.

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