Trump vs. Biden: Which Is the Crime Family? | Guests: Winston Marshall & Carol Roth | 8/16/23

2h 7m
Glenn dives through some of the insane accusations in Donald Trump’s fourth indictment, which, if prosecuted, will set dangerous precedents for free speech. Glenn also compares this indictment to the evidence revealed regarding Hunter Biden and President Biden. Who's the REAL crime family? Former Mumford and Sons banjo player Winston Marshall joins to discuss the embarrassing Rolling Stone coverage of Oliver Anthony’s viral song and the politicization of music. Glenn and Stu give an update on the Maui wildfires and how you can help. Former investment banker Carol Roth joins to discuss the current state of the economy, China’s latest move to enact a central bank digital currency, and whether car manufacturers can survive the money loss from electric vehicles.
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Transcript

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This is

the Glen Beck Program.

Well, hello, America.

Welcome to the Glen Beck Program.

I want to play something for you.

This is a

Democrat representative claiming Trump has made millions in foreign dollars and Biden hasn't done anything.

Listen to this.

To do a serious analysis of what the laws should be about money making.

And you would take part in a serious investment.

Yes, of course we would.

And we're going to release a report about all of the foreign government emoluments, millions of dollars we can document that Donald Trump pocketed at the hotels, at the golf courses, through business deals when he was president, and that his family got, but they've not laid a glove on Joe Biden as president.

They haven't been able to show any criminal corruption on his part.

What they've got is Hunter Biden, and we all seem clear that this guy was addicted to drugs and did a lot of really unlawful and wrong things.

And we have said, let the justice system run its course.

They're not saying that about Donald Trump.

Anytime Donald Trump actually gets indicted after a grand jury has already determined that there's probably

a problem.

They attack the judges.

They attack the system.

For them, Donald Trump could never be belonging to.

I'm going to compare the two cases.

All right, we'll do that in 60 seconds.

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Okay, I want to just compare a couple of things.

First of all, let's look at the Georgia case on Donald Trump.

What does the actual indictment say?

Okay.

Well, let me just give you a...

a rundown of some of the conspiratorial acts.

The Fulton County prosecutor indicted Meadows for soliciting phone numbers from a pair of Pennsylvania lawmakers.

Hey, can you give me the phone number of this guy and this guy?

Meadows, I'm quoting.

Meadows sent a text message to United States Representative Scott Perry from Pennsylvania and stated, Can you send me the number for the speaker and the leader of the Pennsylvania legislator?

POTUS wants to chat with them.

The document then reads, this was an overt act in furtherance of the conspiracy.

Act 22 cited the Georgia indictment charged Trump with conspiracy for encouraging supporters to watch

One American News Network.

He wrote, quote, Georgia hearings now on One American News.

Amazing.

This was quoting, this was an overt act in furtherance of the conspiracy.

Act 100 of the indictment faulted the president for encouraging supporters to tune into Newsmax.

Act 101 listed another tweet that encouraged supporters to tune in to the right-side broadcasting network as an act of conspiracy.

Act 38 of the criminal indictment charged Giuliani for

retweeting a patriot call to action that encourages voters to call their members of Congress.

The tweet stated, Georgia Patriot Call to Action.

Today is the day we need you to call your state house and state reps and ask them to sign the petition for a special session.

We must have free and fair elections in Georgia, and this is our only path to ensuring every legal vote is counted.

This was an overt act in furtherance of a conspiracy.

Okay.

I could go on.

Defendant David Schaefer, indicted for reserving a room at the Georgia Capitol in December 2020, reserving the room, which was used for a meeting of

alternate presidential electors, declared an overt act of furtherance of the conspiracy.

Act 32, criminal indictment, charged Trump for calling the Georgia state

leaders to ensure signature verification and call for a special session.

This

was an overt act in furtherance of the conspiracy.

Act 45, Michael Roman

is faulted for requesting an unidentified, unindicted co-conspirator to encourage the co-defendant Misty Hampton to attend a House committee hearing in Georgia on election fraud.

This was an overt act in furtherance of a conspiracy.

Okay, I think you get it.

I think you get it.

Now, let me look at the Biden case because he said they got nothing on Biden.

Nothing.

Here's what we do have

right now.

Biden

record records obtained through the subcommittee subpoenas reveal that Bidens and their family members, their associates, have received over $20 million in payments payments from foreign entities.

So this isn't just about Hunter.

In Romania, September 28, 2015, Vice President Biden welcomed Romanian President Klaus Indoninus or whatever to the White House.

Within five weeks of this meeting, a Romanian businessman involved with a high-profile corruption prosecution in Romania began depositing a Biden associate's bank account, which ultimately made their way into the Biden family accounts.

He made 16 of the 17 payments, totaling over $3 million to the Biden Associate account while Joe Biden was vice president.

Biden family accounts ultimately received approximately $1.38 million.

The total amount from Romania to the Biden family and their associates is over 3 million.

Now,

the Biden family, what exactly were they selling to this Romanian cat?

Now,

they keep saying this is just about Hunter Biden, who did some, clearly we all know he did some very, you know, some illegal things.

Oh, we clearly know that now?

Because you clearly have said he hasn't done any of those things.

The president said specifically, my son has done nothing wrong.

Correct.

But now we clearly know.

No, we all know now.

We all know now.

Okay.

In China, on March 1st, 2017, less than two months after Vice President Joe Biden left public office, State Energy HK Limited, a Chinese company, wired $3 million to the Biden's associates account.

This is the same bank account used in the Romanian

scandal.

After the Chinese company wired the Biden Associate account with $3 million, the Bidens received approximately $1.65,692

over a three-month period in different bank accounts.

Additionally, the chairman gave Hunter Biden a diamond worth $80,000.

Lastly,

CEFC created a joint venture with the Bidens in the summer of 2017.

The timeline lays out the WhatsApp messages and subsequent wires from the Chinese to the Bidens of $100,000 and then $5 million.

The total amount from China, specifically with CEFC and their related entities, to the Biden family and associates is over $8 million.

Those are just two.

I mean,

I've got six of these.

Those are just two.

Now,

I would think that you don't have to get them on a conspiracy charge.

See, a conspiracy charge, what is a conspiracy?

It's a meeting between two people

that agree to do something.

That's all it is.

I've met with Stu and we've agreed to do something.

And then a furtherance of that is me meeting with Stu again or me calling somebody and saying, hey, I need to book a room for Stu.

That's a conspiracy.

The effect of a conspiracy, however, is to discredit people.

Oh,

they're part of a global cabal.

Now, they call us conspiracy theorists, but then charge us with conspiracy.

Anybody who was

with Donald Trump on saying, I don't think that election was fair,

apparently part of the conspiracy.

You were just furthering this conspiracy.

Okay,

alrighty.

So, wait, you're getting us on booking a room?

You're getting us for texting

a state legislator saying I need the numbers?

Really?

Okay, all right.

I think,

I think the $5 million

from China, the $8 million total to the family and associates, I think that's a little bigger.

And I think that it's clear what's happening once somebody just asks a simple question.

What did the family do for the $5 million?

I mean,

I know that, and this is illegal, I know that you were selling the illusion Hunter Biden was, but he was all by himself, right?

He was just doing this himself.

He's just a crack addict.

He didn't know what he was doing.

So then who set up all of the shell companies?

And why is the family not coming out and saying, I didn't know I had a shell company?

I'm outraged.

I want to give all that money back.

I don't want any of that money.

How come that's not happening?

How come no one's asking about the shell companies?

You cannot compare these two.

One is doing,

you may disagree with him, but one is

exactly what Hillary Clinton did.

I won.

I'm telling you I won.

There's something funny going on here.

And the conspiracy is to discredit

the American election system.

Really?

Because I think that had been done long before by, I don't know, Al Gore, Hillary Clinton.

Rahm Emanuel, everybody who has said it

in Georgia, specifically Stacey Stacey Abrams.

I mean, I think that's already been done.

You don't need a conspiracy to do that.

That had already been done.

What hasn't been done is taking millions of dollars, and they know

that this is the problem.

Because listen to what

that representative said at the very beginning.

Remember,

they're trying him.

Every time he's indicted,

they go after the system.

Yeah,

because the indictment is nonsense.

It's nonsense.

But go ahead.

Try it.

I just want a fair trial.

I want a fair judge.

But go ahead.

Two that.

This one,

they know is trouble because listen to what he is comparing it to.

Listen.

To do a serious analysis of what the laws should be about money-making.

And you would take part in in a serious investment.

Yes, of course we would.

And we're going to release a report about all of the foreign government emoluments, millions of dollars we can document that Donald Trump pocketed at the hotels, at the golf courses, through business deals when he was.

Stop, stop, stop.

Through his golf courses and his hotels,

all the money he pocketed, he did a business deal long ago to have a hotel in a country.

and they're getting him for taking the money from the hotels and

putting it in his pocket.

Well, that's legal.

That's called business.

What are you saying?

Do you have evidence that he took illegal money and he was laundering that money from the hotel through several different shell corporations?

Because we have from the banking system to the Treasury 70,

70 warnings that this is money laundering in regards to the Biden.

70.

Do you have one of those for Donald Trump?

Because I don't think so.

They know they're in trouble.

Nothing I love better than paying way more for a service than I actually need to.

Well, wait a minute.

I'm sorry.

Reverse that.

I hate doing that.

I'm guessing you do too.

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10 seconds, station ID.

So tonight,

cocaine, shell companies, shady money from foreign oligarchs, cover-ups that go straight to the top of the federal government.

It's not a movie, you know what I'm saying?

It's another day in a Biden crime family.

Michael Corleone will be jealous.

Now you have multiple federal whistleblowers that have come forward.

We're going to take you through the bank records that show millions of dollars being exchanged while Joe Biden was vice president.

Notice that guy on ABC also said, you don't have anything on Joe Biden.

when he was president.

Oh, so that's the new standard.

Okay, because we have it when he was vice president and up until the very end of the election period when he said to his son, you got to quit.

You got to quit all this.

Hmm.

Okay.

They've shifted their narrative.

First, it was Biden had no knowledge of his son's business dealings.

Now we know that was a lie.

So they move to Biden never discussed Hunter's business dealings, but now testimony from both the IRS whistleblowers and Devin Archer directly contradict that.

So now they're saying, well, none of the evidence shows a direct cash payment to Joe, right?

I mean,

this is the way

you get a crime family convicted.

No, no,

Michael Corleone, when he was the godfather, did not receive the money directly.

That's the way it works.

Jeez.

RICO prosecutors should be all over this.

This family should be charged with RICO crimes.

Don't miss tonight, the Wednesday night special, 9 p.m.

only on Blaze TV, 9:30 Eastern on my YouTube channel.

That's youtube.com slash Glenn Beck.

Revealed the corruption charge that actually will take down the Biden crime family.

That's tonight at

9 o'clock.

Hello, Stu.

Right after a brand new Stu Does America.

Why did I say hello to Stu?

Hi, Glenn.

How are you?

Good, good.

So

you do the do.

You like Mountain Dew?

I'm drinking one right now.

Major Melon.

Okay.

Mountain Dew, Major Melon.

I didn't know this about Mountain Dew.

A Florida woman.

It always starts with trouble, doesn't it?

Yes.

A Florida woman poured Diet Mountain Dew soda on herself.

Okay.

35-year-old Nicole Max was charged with tampering with evidence after police say that she was a murderer.

Early on July 1st, a Daytona Beach police officer was flagged down by a resident about a fire at the home on Clark Street.

When firefighters extinguished the fire, they found a man dead on the floor of the house with blunt force trauma to the back of his head.

He also had stab wounds to his torso.

Police identified the man as 79-year-old Michael Carasoli.

Police then put out a bulletin seeking Max as the person of interest.

She was later found by an officer who said she was shoeless but had ripped clothing and blood on her leg.

The police report said she dropped a knife and a hammer when the police confronted her.

When questioned, she said, Well, I know I'm homeless.

Okay, well, I okay, all right.

Well, I am his roommate, but now I'm homeless.

She then

allegedly poured the Diet Mountain Dew over her head.

Do you know why?

Did she think she was washing the blood off?

She thought she was washing all the DNA off.

Oh, now

is that true?

That's not one of the benefits of the details.

That's why I came to you because you do the dew.

And I'm wondering, are you just trying to do that and

get all the DNA evidence off you?

If there's yet another benefit of Mountain Dew that I didn't know about, I am

going to look this up.

I don't want to look it up.

I think you should look it up on your

Mountain Dew

washaway DNA.

He googled Does Mountain Dew washaway

DNA in furtherance of a conspiracy?

That's what I'm going to get.

No, no, no, I'll testify against it for you.

Anyway, you don't need to be buying meat from the grocery store.

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The promo code is Glenn.

Welcome to the Glenn Beck program.

We have an update, Glenn.

The Mountain Dew thing did not work for this poor woman.

It did not work.

No.

Okay, did you Google that?

What did you Google?

I did Google.

I said,

does Mountain Dew remove DNA?

Ah.

And then it said, no.

It said, does not.

And it did not work for her.

Okay.

Unfortunately, in this case,

could you Google something else?

No, just Google, does anything wash away the bloody DNA on me?

Wash.

On me?

Well, you don't have to move that.

Then Google this.

How long before they find that random person I killed on the way to work this morning?

I'm not going to.

No.

Have you ever heard this?

No, no, no.

I'm not going to Google that.

Have you ever heard the guy a few months ago who was in court and they were reading his Google searches from

his murder trial?

No.

It is incredible.

It's incredible.

Sarah, you have it?

Go ahead.

Listen to this.

On January

1st, defendant Googled using his son's iPad.

Some of his searches are as follows, keep in mind that the defendant said he left at

6 a.m.

At 4.55 a.m.

on January 1st, he searched how long before a body starts to smell.

At 4.58 a.m.,

how to stop a body from decomposing.

At 5.20 a.m., he searched how to embalm a body.

At 5.47 a.m.,

is it possible to turn it up or not?

Embalm a body.

Embalm a body?

Embalm a body.

Okay, go ahead.

Ten ways to

dispose of a dead body if you really need to.

If you really need to.

At 6.25 a.m.

on the 1st, how long for someone to be missing to inherit.

At 6.34 a.m.

Can you throw away body parts?

Can you throw away body parts?

What does formaldehyde do?

At 9.34 a.m.

on the first,

how long does DNA last?

How long?

At 9.59 a.m., can identification be made on partial remains?

At 11.34 a.m.,

disemmemberment and the best ways to dispose of the body remains.

At 11.44 a.m.

At 11.56 on the first, luminol to detect blood.

At 1.08, what happens when you put body parts in ammonia?

At 1.21 p.m., is it better to throw crime scene clothes away or wash them?

Is it better to throw crime scene

clothes away or wash them?

He was at home.

So it goes on.

The funny part is, he's, first of all, is just standing there as they're reading this, which is he, you know, looking very miserable as they're going through this.

Perhaps the best detail, though, if you missed it at the very beginning, is all of these were Googled on his son's iPad.

Oh, my God.

I mean, it is a, it's a darn dude.

It wasn't me, it was my son.

That's right.

Definitely my son.

What a dummy.

Oh, an idiot, and obviously a horrible person for multiple reasons.

But if you're going to be a murderer, perhaps don't Google every detail about your body disposal.

So,

oh, how stupid.

By the way, speaking of stupid and abhorrent people,

I don't know if you saw, but

Joe Biden came out yesterday with a tweet.

As residents of Hawaii mourn the loss of life and devastation taking place all across their beautiful home, we mourn with them.

Like I've said, not only our prayers are with those impacted, but every asset we have will be available to them.

We are laser focused on getting aid to survivors, including critical needs assistance, a one-time $700 payment per household offering relief during this unimaginably difficult time.

A one-time payment of $700?

Wow.

Now, I'm torn on this because I don't think the federal government should be involved at all.

This is insurance companies should have had all of this covered.

But if you're going to do something, you've lost everything in your life and you're laser focused on these with every asset we have and you send them a one-time payment of $700

that seems well he's very old maybe he was thinking that it was like a 1923 money

1923 you could buy a house and a car with that kind of money what are you talking about

yeah now you can't Now you can't.

Is that insulting or is that just me?

I mean, you know, yes, yes, it's insulting, though.

My guess is

Joe Biden's not going to hold back buying people off from a tragedy eventually.

Like, I'm sure they're going to throw tons of money at this.

You know,

my guess is there's some,

this is a quick rollout payment, and then in a week, they'll throw $65 billion at, you know,

they certainly seem to have no qualms about throwing money at things, whether it solves problems or not.

So I don't know.

We'll see.

My guess is the money will come.

The same day that they did that, they gave $1.8 million

to Hawaii, $1.8 million.

The same time, $200 million,

in addition, $200 million to Ukraine.

Incredible.

I mean, the amount of money we're spending in Ukraine is just,

I mean, it is.

It's non-stop.

It's grotesque.

It's grotesque.

Yeah.

I mean,

there's got to be some limit on it, I would think, but maybe not.

When you you have the modern monetary theory running, I guess you don't have to worry about such things when you're just printing new money all the time.

Yeah.

And there doesn't seem to be a lot of opposition to it, by the way, we should point out in Congress.

No.

It seems like Republicans are going along with this just as much as Democrats are.

Yeah, Republicans are actually spending $2 million,

again, more money than they sent to Hawaii, $2 million

for advertising to get people on board with the war in Ukraine.

Can you

do you have any theory as to what the political philosophy is between in the way that he's handled this situation in Hawaii?

What do you mean?

Like,

just like basic politics would tell you, don't look disengaged.

Don't look like you don't care.

With Hawaii?

Yeah.

I think he's, it's a state that they have locked up and they're never going to, they don't need to buy a vote in Hawaii.

It's never going to go against a Democrat.

That is really, really callous and horrible to say, but that's the only thing I can come up with.

Totally believable.

So

he gave 1.8,

and that's as the United States government, okay?

Already our Maui wildfire relief, we have already raised and given $321,842.

So the government gives 1.8.

This is Mercury 1.

This is Mercury 1.

This audience, and I've only mentioned it maybe three times,

we have given $321 million.

$321,000.

I'm sorry, $1,000.

I was going to say that's a

pretty good number.

That's a good number.

Yeah, $321,000.

I mean, and that's just from the radio audience.

I mean,

I think we

I think just because we should be doing this anyway,

and,

you know, we're supposed to hate the people who vote differently than us, and they definitely vote differently than we do in Hawaii.

I think we should raise $1.9 million.

If you want to give to the Maui wildfire relief, just go to mercury1.org and give to our emergency relief section.

Here's what we've done so far.

We have funded a DC-8 aircraft with 17 tons of relief supplies on board, including solar lights and hygiene kits.

Teams are helping homeowners in some of the most devastated communities sift through the ashes and search for their valuables, photos, mementos, anything that is left.

We have set up hotspots, Wi-Fi, and emergency response communication services in Maui so critical communication can happen on the island.

We've been working and partnering with Harvest Church, partnering with local churches to provide

comfort,

provide shelter and comfort for the survivors.

They're helping Maui residents who have lost everything and are continuing to preach the gospel to the community.

And of course, our good partners at Operation Barbecue Relief teams are on the ground in Maui now providing hot meals and vital resources for survivors and first response teams.

So that's what we've done so far.

The little building next door to this one.

If you'd like to help us, we try to be prepared for any emergency relief, especially here in America, because if we want the government to do less, we have to do more.

I sure would like to see that we could raise 1.9.

I mean, I know that's, yes, it's petty.

It's petty.

Jesus wouldn't do that.

But I'm not Jesus.

So, I mean, Jesus, I don't think it's in the Bible.

Yeah, give to Caesar that which is Caesar, and then just up him one.

I don't, I don't.

No, that's not in there.

I don't think that's in there.

We're still in Bible country, though.

We are in Bible country.

We still said the word Jesus.

Right.

So I think we're okay with that.

Anyway, go to mercury1.org.

That's mercuryone.org.

$700.

That's really incredible.

I get because I don't think, you know, the

Katrina backlash back in the day with George W.

Bush was not about helping people in New Orleans.

I mean, he knew he wasn't going to get any votes in New Orleans.

He knew he was going to win Louisiana.

And he also

tried to stop.

He had people,

all of the federal aid was outside of the flood zone.

It was waiting there.

And he had told them, You got to shut this city down.

You got to evacuate.

And the Democrats didn't.

No,

I my understanding is he eventually did land the plane.

He didn't just fly over the area.

But I mean,

I'm not saying that it's a legitimate criticism.

My point is that just from a straight politics perspective, you want to look competent in your job.

You want to look engaged in your job.

People look at the Maui thing or the Hawaii thing is not about.

whether he is necessarily getting voters in Hawaii.

It's about other people outside of this who might be undecided looking at the way he's handling this and being, wait a minute, what is this?

What are you doing?

He's doing a terrible job.

He's on the beach?

Of all things, he's on the beach.

Care.

Who doesn't care?

The Democrats don't.

But they want votes.

Yeah.

They want to win.

I know.

I'm not saying they care at all about anyone.

I'm not saying they care about a person.

I'm not saying if they had the choice, they wouldn't destroy them all with lasers.

What I'm saying is they want to win the election.

Yeah.

So why allow yourself to look so pathetically incompetent?

Yes, that is a good question.

Now, do you want to hear my theory?

Probably not.

Probably not.

My guess is I don't want to hear your theory.

My theory is that they know they're going to win.

Everything you say, everything,

everything that they did the last election.

Wait, you're not going to have him go out and you're going to put him in pathetic little places where everybody has to stay in their circle six feet apart from each other.

You remember how stupid that was?

How no one came out for Joe Biden?

Like no one was coming out for Joe Biden.

And we all sat here and went, What are they doing?

This looks horrible.

There's no momentum.

He's in his basement with his mom all the time.

What the hell is happening?

And they didn't seem concerned.

And they won.

I just don't think they care for some reason.

I guess that's true, but like, I mean, they made, for example, they went around and did speech after speech after speech about

student loans, right?

They're obviously just trying to buy votes.

They sent Kamala Harris down to Florida to yell about the fake controversy on our history.

So wait, wait.

Both of those have something else attached to them.

Hang on, we got to take a break.

Let me remind me of that because it's really important.

It's different than Hawaii.

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The Glenn Beck program

So you always have to look at the goals of the Biden administration move, and they're not usually what they're stated.

For instance, Kamala Harris, you used the example of her going down and saying, you know, they're distorting black history.

Well, no, they're not.

They're teaching accurate history.

Her job was to make sure the distortion remains and make sure we continue to divide ourselves on race.

Those both play into the goals of the Biden administration.

Second one you said was student loan.

If you think like Cloward and Piven, overwhelm the system.

The system cannot afford that.

So then why not just give a whole bunch of money, if that's the theory, to Hawaii?

Why not just overwhelm the system and just give them tons of money?

Well, did you see what the governor, Josh Green, is saying now?

He's announced that he is considering acquiring the properties in the seaside resort town

to be able able to

be able to possibly put workforce housing back in, put it back into families, or make it an open space in perpetuity as a memorial to the people who were lost.

It's a land grab.

I guarantee you they're not going to put houses back there.

Guarantee you.

Because they're already saying it'll be a long time before we can build back there.

Really?

Longer than it is on the mainland?

Really?

Because we have fires.

We build houses back.

What is the problem there?

It's going to be a long time.

So we want to take it out of, we're not going to let any private sales happen at all

with anybody out of state.

And we're just thinking about maybe making this into public, a public memorial.

Oh.

So whatever you do, Joe, don't send them too much.

Don't send them too much because they're not going to be rebuilding there.

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What you're about to hear

is the fusion of entertainment and enlightenment.

This is the Glenn Beck program.

It is, this is driving the left out of their mind.

Rich men north of Richmond.

The best comment I heard was, this is not country music.

This is music for our country.

It is, it's great.

I don't know who this guy is, but now the left, honestly, this is from Variety magazine maybe he's a plant

maybe he's a plant

a plant by who what are you talking about maybe he's a plant what is that

we're going to uh talk to somebody who knows the left and knows uh how good rolling stone magazine is as a magazine of music we're going to talk to the guy who is the banjo player yes you remember him, don't you?

Winston Marshall.

He has his own

podcast, and

it's quite amazing to hear him talk about Rolling Stone and the coverage that they have given Oliver Anthony.

It's embarrassing.

Winston is going to be here in 60 seconds.

Standby.

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All right, we have Winston Marshall on with us.

Welcome to the program.

Hi.

How you doing, man?

How much?

Very good.

Is it Glenn?

I'm speaking to Glenn.

Oh, great.

Yes, you're sorry.

Yes.

And this is Winston, right?

That's me.

Okay, good.

Good to hear your voice again.

Yeah, Yeah, good to talk to you.

One of these days, will you just bring your banjo, even if it's on the phone, will you just bring the banjo?

Well, I think I owe you one of these days.

I think you do.

I think you do.

So,

Winston,

I saw a piece that you wrote, I think it was in The Spectator, about Rolling Stone magazine.

They are losing their mind

over

Oliver Anthony.

They're just going crazy.

That's right.

Yeah, well, we should start by saying the story of Oliver Anthony is absolutely wonderful.

Here's a kid, factory worker from Appalachian, America,

and he has currently got four songs in the top ten, ten songs in the top 25 by Tunes Chart, and all three of the top three.

This is a huge moment.

These songs have been recorded recorded on his phone, just his beautiful voice and a guitar.

It's so authentic and it's so real.

And this, Glenn, is the counterculture that we've been looking for.

All of this music that we hear a lot of the time that this enforces the establishment.

This is a real authentic musician who's howling against both Republicans and

Democrats, the rich men north of Richmond.

It's just so exciting.

And very rarely do I get this excited

about things happening in music.

Well, certainly it's been a while anyway.

And yes, the music press, Rolling Stone, and not just them, a lot of music press immediately,

instead of sharing in this excitement of a truly countercultural moment, instead they they look at who who's enjoying this music and they denigrate it accordingly.

So for example, example, for Oliver Anthony, they run the headlines,

right-wing influencers have a favorite new

country singer.

And I did that, you know,

it almost sounded completely backhanded.

I did that has anything to do with them.

So what?

Who likes the music?

Music is for everyone.

Why would they lead with that?

And this is part of a bigger picture we're seeing.

When Jason Albin,

who is number four in the iTunes chart, let's say, just behind Oliver Anthony, had the incident a month ago with Tried Out in a Small Town, a song bemoaning the rise in crime.

Crime we know has gone up something like, I think, 44% in the last 10 years, 8% since 2021, these are FBI statistics.

And

instead of

sort of

understanding that sentiment, they paint the whole thing.

They ran a title,

The Most Ridiculous Right-Wing Country Songs of All Time, you know, hooking it onto the Jason L B song.

As if being worried about crime is a right-wing talking point.

No.

It doesn't matter who you are.

Crime is an issue that we all are concerned about.

We all care about.

It's so shocking to me.

And I could speak at length about Rolling Stone.

And

last year, for example, there was another huge story.

Bryson Gray, who is a rapper, unknown rapper, beat Adele, the biggest selling music artist of the 21st century.

She's ununtouchable.

He put out a song called Let's Go Brandon, and it beat her to number one in the iTunes chart.

You know, in music, and I know this from music, when you have an album or a single you're about to put out, you work out who's putting out albums because you don't want to put out the same time as an artist because then no one will you'll just get clouded out.

Adele, no one dares put out a song at the same time as Adele because she's definitely going to get to number one.

And then here comes Bryson Gray with the song Let's Go Braden and it goes number one.

Now, Road and Stone didn't even report on that story.

They're so

in their own bubble that they didn't,

this magazine that has been the countercultural magazine of American post-war history,

they're so blind to genuine counterculture today in the 21st century that they miss these massive stories or

they spin them into this bizarre narrative.

It blows my mind.

So

I'm not sure that it is

counterculture.

I think they were only counterculture because maybe, perhaps, they were all leftists.

Now

they're not covering it because they never were counterculture.

They had their ideology and they were always leftist.

And now that the right is, and I can't even say this guy is right other than meaning non-politically, he's correct.

His words are the feeling of America, which is counterculture.

So why wouldn't they be covering it unless they weren't counterculture the whole time?

They weren't really about that.

Well, I think it would be unfair to say that they weren't countercultural, counterculture back in the 60s and 70s when they started.

They were the counterculture.

It was Boomer, it was hippie, they were the drug-taking,

you know, avant-garde musicians.

It was counterculture.

What happened, and that boomer generation,

they had some truly great writers.

I mean, Huntress Thompson,

P.J.

O'Rourke,

Tom Wolfe is even now considered a conservative author to some people.

They had some of the great post-war American writers, but they were the boomer generation and the boomer generation are now the establishment.

Back then they were the counterculture because now it's the culture or the people in charge were, it was the majoritarian Christian right, not all the time, but a lot of the time.

Now it is

I don't know if you necessarily call it leftists but the progressives I would say are in charge.

They are the culture.

They are what's what's the the establishment.

And so counterculture now needs to be against that and when these countercultural moments happen as with Oliver Anthony as with Jason Alvin as with Bryson Gray as with the Sound of Freedom movie oh it didn't even mention that the way they documented this astonishing film a beautiful I saw it in a metropolitan city in Los Angeles in a in a middle working class area part of town a multi-ethnic audience The whole theater was in tears and there was a standing ovation at the end.

This is a film exposing exposing the 2 million children across the world being sex trafficked.

So, you know, Winston, I can't let you talk about this without pointing out, because I'm so

I've told you, I think, when you were here, this audience that you're speaking to now is, I think, the greatest collection of human beings as an audience ever assembled.

That this audience is the one that paid for that operation, not the movie, but paid for that operation to save those kids.

That money came from this audience.

Can you believe that?

Well, God bless your audience, Dan.

Yeah, they're great.

They're great.

It's absolutely astonishing, and it is God's work.

And, you know, there's a famous line, or there's a line that's become famous from that film.

God's children are not for sale.

And when you see

the attacks by

magazine, establishment magazines like Rolling Stone calling it far-right and queuing on conspiracy theories.

You cannot help but see this all as some sort of spiritual war.

Clearly, this film and the work of Tim Ballard is God's work saving children, and anyone who's immediately leading by attacking that, it's pretty obvious which side they're on, and it's not the side of the angels.

And

that is just shocking to me.

When I saw them go after this song and say that it was far-right, okay, because he was talking about high taxes and welfare and everything else.

Okay, I get it.

But then to say it was QAnon

and

a weird

subset of

the right that seems to be obsessed with

pedophilia, but obsessed in the right way, you know, trying to stop it and stop children from the sex slavery industry.

I don't even know how you defend that.

How are they sitting around going, yeah, I know, it's just crazy, these people against pedophilia?

Well, there's one Vox.com article that argued that the film did more damage than the evil it was purporting to expose, which is just absolutely astonishing.

And you just, I suppose one has to pray for these people that are cooped up in their bedrooms, tapping away at their keyboard, not actually offering anything to the world except to tear down, like sons of Cain anything good that they see and they're just lost they're just so lost it's it's it's horrific and and and to be I mean I can get angry about it Glenn but actually maybe I should be laughing no I think you're right

look at the success of Oliver Anthony as I said 10 songs in the top 25 look at the success of sound of freedom I think they gross

something like 150 million on a 15 million dollar budget.

Look at the success of Jason Ardean.

He's got his number one.

He's still in the charts.

The people

they are speaking volumes.

They're speaking in a way that these magazines who no one reads anymore anyway,

they're just desperately scraping at at the sort of the night in,

I don't know, I guess I'm going to try

I flinter between frustration and anger at

what they say, but also it's just so ludicrous.

I suppose I have to laugh.

We're talking to Winston Marshall.

He is from

Mumford and Sons, and he was the guy who was kind of kicked out because he just was saying what he thought.

Let me take you one last place, and that is to Variety magazine.

They are now saying that perhaps Oliver Anthony is too good to be true, that he's not authentic, that he's a plant.

The hell is that?

Well, this is the conspiratorial left, I think.

You know, we get called conspiratorial for all our perfectly normal opinions, and now we can see that the conspiracy theories are really coming from the left, but genuine ones.

Because

where I do agree with them, though, is that Oliver Anthony does seem to be too good to be true.

And

just there's a spark in him, that God's working for him.

And I can only pray that

he keeps this and that he's not manipulated by

these evil actors and that he's not brought down by it's quite something, you know, I've been through it a few times and I'm sure you have as well, Glenn, that when you have in that sort of limelight, that sort of spotlight, you have a lot of people attacking you, it it does affect you and it affects your soul.

And we we must pray for Oliver right now that

he's not affected by this stuff because he's really doing God's work and he's exposing

these

foul actors for who they really are.

We, the people, can see how ludicrous their comments are.

So he is not doing anything, which I think is smart.

And then at the same time, I have a problem with it.

He is not doing anything with anyone political.

So he's not reaching out.

He's just not taking anything to gain additional exposure.

Not that he needs it.

But I heard somebody say that, well,

that hurts the right because somebody should, you know, if he's singing about these things and we agree with him and they don't.

But I don't feel that way.

I feel like just do your thing.

Just do your thing.

Don't make it about politics.

I think you're right, Glenn.

And I don't think

we should see this as a right and left wing.

That's playing the same bloody game that Rolling Stone magazine is playing.

Music has the ability to transcend and unite.

And there's no reason why,

whatever your political identity is,

and as it changes through your life, there's no reason why you can't enjoy this music for what it is.

And I actually disagree with whoever said that, because Oliver should take his time.

He's got a long career ahead of him.

I've been listening to his songs on repeat.

This is not a one-hit wonder.

This is a real talent.

We're going to know the name of Oliver Anthony for many years to come.

And let's hope that this guy can unite us.

I love your country and I'm here a lot.

And I always have this sense of two Americas.

And I really hope that they can be reconciled.

And it's people like Oliver, authentic,

talented people like him who are in that position to do that.

And I think it would be a shame for him to suddenly play into the hands of the right when he can transcend that.

Winston Marshall, he is the host of Marshall Matters.

You can watch his podcast wherever you get your podcast.

And Winston, it's always good to talk to you.

And one of these days, show up with a banjo.

Just one of these days.

Ben, great to speak to you again.

At times, you're doing very well.

So thank you for having me on.

You bet.

God bless you.

Winston Marshall.

Okay.

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So, can you check that website for me real quick?

I want you to go to mercury1.org

and

yes or no?

Still having problems, yes.

Last hour I said that we should

we should do better than the $700 the American government did for Hawaii.

We've already done, I think he did $1.8 million at $700 per household for the Hawaiian survivors.

And I said, geez, we've already done almost $400,000.

And I've only mentioned it a couple of times on the air.

We got to do better than $700 the U.S.

government.

And, you know, I'm glad.

I'm glad.

If we want the government to do less, then we have to do more.

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I find that an interesting coincidence, don't you?

I do.

And

it says

it's a Bangladeshi hacker.

So don't have to worry about it.

It's someone from Bangladesh.

Okay.

Just hacking in.

Yeah, sure.

Yeah, I'm sure it's from Bangladesh.

Sure, it is.

Well,

we'll get it back.

We'll make sure it's secure and then give.

Because obviously somebody in Bangladesh doesn't like it when you give.

Mercury1.org.

Back in a minute.

The Glenn Back Program.

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This is the Glenbeck program.

The war in Ukraine continues to grow.

More growing concern about the use of nuclear weapons by Vladimir Putin.

Yesterday, Joe Biden gave another, what was it, 20 million?

Was that what it was, Stu, or is it 200 million?

I think.

I mean, what is it?

It doesn't matter.

Just add a couple more zeros to it.

Yeah, whatever.

They get whatever they want.

And the Republicans are now running a $2 million ad campaign to get conservatives on board.

Meanwhile, the left is on board for some reason.

I don't know why, but they're.

It against every other war as long as I've been following politics, but this one, all in.

So, you know, it's weird how people are just switching places with this much money involved.

Ukraine, for instance, they were very anti-gay.

And

lo and behold, we started giving them money.

And then they decided on their own, no pressure from us, to take up a gay rights bill.

And they wanted to, we got to pass that.

We got to pass that.

And everybody,

even the conservatives were like, you know what?

We're for this.

This is the first time it's ever been brought up into parliament, but we are definitely for this.

You know why?

Because Vladimir Putin doesn't like it.

And if he doesn't like it, we're for it.

That is an actual quote from the leading conservative in Ukraine.

Because he doesn't like it, we're for it.

Okay.

Now, so not only did they, you know, start to

debate gay rights and there wasn't much a debate for the very first time in this country.

There wasn't a debate.

But there's also something else that I think is really wonderful and groundbreaking.

Ukraine is not known for its love of homosexuality or its love for transgenderism.

Not known for that.

Really?

No.

But they're enlightened.

I know they're enlightened.

They're very much like us, except when it comes to rights of people.

Anyway,

they have decided on their own,

the Ukraine Territorial Defense Forces has named a new spokesperson, Sarah Ashton Cirillo.

Now,

she's an American, and when I say she, I don't mean she.

I mean he.

Well, he's part of the word she.

Exactly right.

And if I say he's, as has an S, dump the apostrophe, put the S at the end to the beginning, and you have she.

You're right.

Okay, it's the same word.

He came over as an American man who's masquerading as a woman, and he joined Ukraine's armed forces.

And here's what he had to say.

He's now, by the way, the spokesperson for the Ukrainian Territorial Defense Forces.

He's the spokesperson to America.

That's a real job.

It is now.

There's a spokesperson job just speaking to us.

Yeah, speaking to Ukraine,

from Ukraine, transgender.

Here he is.

If you look at Putin's mouth, you'll notice that blood drips from it.

He's a vampire carrying out genocide against both Ukrainians and Russians alike.

Vlad Putin bathes in the blood of innocent children and enjoys it.

And this is why the dictator of the Russian Federation must be deposed

and why peace talks have to be focused on President Zelensky's 10-point peace formula and the full liberation of Ukraine.

Is this real?

This has to be a bit.

This is real.

This is real?

This is real.

Wait a minute.

You're telling me.

This is real.

It can't be real.

You're telling me.

No.

No, I can't be real.

You're telling me that the Ukrainian government has employed a transgender guy who's masquerading as a woman

as a spokesperson to us to tell us that Vladimir Putin is a vampire and that he bathes in the blood of children?

Look, there are a lot of things that need hyperbole.

Vladimir Putin's not a good guy.

You don't really need to exaggerate the things he's done in his life.

But they did.

By the way, if you don't believe me.

Is it really real?

If you don't believe me.

I don't.

Read the article by john jackson in newsweek magazine ukraine military has a new transgender spokesperson

i can't so the country has gone from

we don't believe in gay marriage before the war to we're not only for gay marriage we're for the parades during the war we're for absolutely all of it uh and we've got to we've got to pass this gay marriage thing because that's what our boys on the front are fighting for.

That's an actual quote.

That's what our boys out on the front are fighting for.

For gay marriage?

Really?

They are?

I bet they'd be surprised because when they left home, they most likely were not for gay marriage.

But now that they're getting so much money from America.

Well, you've got to have a transgender spokesperson because Americans need that.

Is this like their understanding of what Americans want?

Like they've seen all the stuff on TV and they're like, oh, they must really like.

I don't think they care what Americans want.

They care what American power wants.

And that's what American power wants.

Right.

They're trying to transform Ukraine into the vision of Joe Biden

or somebody more coherent.

And they're very excited about her.

I mean, all the people on the left are very excited.

She's a brave woman.

She's a he.

She's a he.

I think we could do that.

And she's not, he's not a Ukrainian transgendered person.

No, it's an American transgender person.

Who went over there and joined the military?

Joined the military and then fought and said, this isn't for me.

I don't like this.

And so

then they put him in the medic tent

and He didn't like that because he got scratches from a bomb that went off and he had some shrapnel in his hand and some scratches.

And so now he's he's in Ukraine, you know, behind a green screen.

That's one of the most unbelievable things I've ever seen in my life.

Good looking woman, too.

Well, first of all, yes, 100%.

Best looking woman you've ever seen.

Absolutely.

Right.

Beautiful.

Should win an award from, should win an ESP from ESPN.

The incredible achievements that

she has made.

Probably woman of the year, I'm thinking.

Probably.

I mean, Miss Universe, is that still open?

I don't know, but we can just cancel out.

But then, in addition, though, like,

it's like North Korean-level propaganda.

Again, Vladimir Putin is bad.

He's done a lot of really bad things.

You don't need to exaggerate him to saying that blood is not a problem.

I don't think she's exaggerating.

Listen to what he just said.

If you look at Putin's mouth, you'll notice that blood drips from it.

He's a vampire carrying out genocide against both Ukrainians and Russians alike.

Okay, have you looked at Putin's mouth?

I mean, I've seen it.

Have you not noticed the blood that's dripping from it?

Really?

Because he bathes in it daily.

He's like, I want more blood for my bathtub.

And they're like, we can't, we don't have enough children.

We've killed all of the Ukrainian.

Give me Western children.

I don't care.

And I wanted not only in bathtub.

Tomorrow I want shower of blood.

Hmm.

That is one of the legitimately,

I say this maybe too often.

That's legitimately one of the strangest things I've ever seen in my life.

You can't say that.

We say that every day.

We say that every day.

I, though, at times it's just an expression.

No.

That is legitimately one of the strangest things I've ever seen in my life.

I've given up on just saying that as an expression.

Right.

I think that's true.

We should stop.

We should stop that as an expression.

Yeah, I think I have long ago.

I think now every time I say it, I'll say like, this is the weirdest thing.

This is something that just doesn't make sense.

I've never seen anything like it before.

You stop yourself.

I stop myself because every day I'm saying that.

But legitimately, that's one of the craziest things I've ever seen.

The combination of

the transgender situation, the delivery of it, the fact that it's like North Korean-type propaganda, right?

It's like, you know, it's like, it's like, you know, hey, Kim Jong-un, the first time he played golf, scored an 18.

It's like that really happened in North Korea.

That's really what they said happened.

The propaganda propaganda really said that.

What do you mean he's bathing in children's blood?

I mean, I...

He kills children.

And you know what?

He does kill children.

You don't need to exaggerate it.

There's blood literally dripping off of his lips.

Just because you haven't seen in a bathtub of blood doesn't mean he hasn't been in a bathtub of blood.

I mean, that's factual, but I will say this because I think it's factual.

You just heard him say it.

I know, but I can confirm that he does not have blood dripping down his lips when I've seen him.

So that is when you've seen him.

So you're not with him all the time.

He's off time.

She's close.

She's closer to him.

She's in Ukraine.

That's the next country over.

That's true.

We're on the other side of the world.

All right.

I retract all criticism.

Let me tell you something.

A man who goes on a horse without his shirt, he immediately sees this beautiful woman and thinks, Beta Baba Blood, or maybe just her.

Maybe I sweet talk her.

Maybe she come over to my pad.

Uh-huh.

Uh-huh.

Won't he be in a surprise when he finds out, wait a minute, you're not beautiful woman?

Yeah.

I mean, that's not the ugliest Eastern European woman I've ever seen.

I'm not going to say that.

You know.

I'm just.

I would say you're right on that.

There's been

Russian women where this woman, maybe Vlad is thinking, beautiful woman, woman, and she's great.

Oh, she's American, so she's hideously ugly on that scale.

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No.

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One.

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The Glenn Beck Program.

So these are the auto trends that

car people believe are coming to an end in the next few years.

Bigger car designs, bigger vehicle price tags, bigger screens, driving assistance systems, not every new trend can survive.

So the first thing they see dying,

unless new technology comes along, EVs will disappear.

In 15 years, when all the current crop of EVs have dead batteries, That will be the end.

Consider 75% of Americans only buy a used car did you know that no that's a crazy

75 75 only buy used cars only buy used cars i would not have guessed it's that the average age of a used car is 12.2 years

with a stated battery life of 15 to 20 years under ideal conditions when evs are 12.2 years old they'll have the possibility of the battery dead going battery going dead soon none of the sellers would warranty a 12-year-old EV.

No one with common sense would buy a 12-year-old EV.

Thus, a very limited market for any EV.

I think it's true.

It does seem like there's not really a great race sale market for these EVs.

Now, I don't know.

Some of the stuff changes, right?

You could take all the gas-powered cars off the market.

Maybe the EV

bicycle would be big.

Yeah, right.

I mean, you know,

that's what they're putting us into as well.

They're blocking the road for any return to

something that would work and we have not seen EVs

well we've seen them go bad we have not seen them wear out yet we haven't hit a large number of people that have said oh man my EV it's worth crap I mean the very first Tesla This is pre-Elon Musk Tesla.

People don't realize there was a pre-Elon Musk Tesla, but there was.

In fact, we featured this car, the Tesla Roadster,

on CNN headline news.

That's how far it goes back.

But there's a few of them that are still out there for sale.

And they did a big battery upgrade to these things, R80, I think it was called.

And it was supposed to extend the battery life and make, but like there's very few of them.

And now there's just companies that are like making batteries for these, these, this very limited run of cars.

There's only a few thousand of them that ever were sold.

And they're trying to make batteries to extend the lives of these things.

I mean, obviously, you can switch the batteries out, but now you're talking about second and third generation batteries and, you know, working with old,

it just doesn't seem like a good idea.

And when you feel, when you look at like technology the way it develops, this is these cars are like sort of like computers on wheels, right?

They're less cars.

Like a Tesla is not a car.

It's a computer on wheels.

And as these things go on, you know how fast that stuff gets outdated?

It's not like a normal car.

Like it's all the bells and whistles that you get in these cars get outdated really, really quickly.

I mean, that's one of the problems.

And, you know, everybody's going with these huge screens that, you know,

the whole inside of your car is a screen.

They look terrible.

They, those are outdated so fast.

Once somebody comes up with a new screen, then those cars, I mean, have you seen the old screens in cars from like 10 years ago?

Oh, yeah.

I just sold my car that I had, it was a 2012, and I just sold it last year.

It looked, the screen looked ancient by the time I sold it.

Ancient, and these are all the whole car is a screen, basically.

It's like walking around with a Blackberry.

Yeah, you're like, what?

Yo, well, I left my pager at home.

Not to mention, too, like, Tesla's obviously a success story, but like, is Lucid going to be around for 25 years?

I don't know.

Is Ford going to be around?

That's the real question.

Ford is losing so much money.

How long can they lose billions of dollars every year just on this stupid EV idea?

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gonna survive.

Stand up straight and hold the light.

It's a new day, I'm time to rise.

What you're about to hear is the fusion of entertainment and enlightenment.

This is

the Glenn Beck Program Room.

Hey, did you know that when Janet Yellen was over, she ate magic mushrooms?

I guess she ordered four plates of them.

She said, however,

I didn't have any,

any hallucinations.

And inflation is doing fine.

If this

isn't a hallucination, I don't know what is.

Listen, cut five, Janet Yellen.

75% of Americans believe the economy is in poor condition.

And maybe that's because, again, even though inflation rates have come down, they are still paying more.

63% of people on this poll disapprove of how President Biden is handling the economy.

What do you say, Secretary Ellen, to the clear majority of Americans who simply do not believe that the administration

is helping us?

Well, you know, Americans know best, I think, about their own personal finances.

And it is important to recognize that when they're asked, how are they personally doing, over 70% of Americans say that they're very comfortable with their financial situation.

So they seem to perceive the economy

as a whole as doing less well than they are personally.

But most Americans feel good about their own economic situation.

Now my question is, how many plates full of mushrooms do you have to eat to get to that conclusion?

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Carol Roth, a recovering investment banker and the author of the new book, You Will Own Nothing.

Hello, Carol.

How are you?

I'm doing well, Glenn.

And I have to say, I loved that cut of Janet Yella.

And you know, this is a woman who seems like she's been hallucinating for decades now.

So perhaps when she ate those magic mushrooms, it was an antidote and she had an actual moment of lucidity.

Because remember, inflation is transitory.

There's going to be no inflation.

All of that good stuff came from her.

She was also the same person who wanted to go and peek into our bank accounts for every $600 transactions to go after the billionaires because all of those billionaires with $600 transactions on Etsy,

this is the yelling way.

Yeah, I know.

She's really good.

By the way, if you are an American official and you're going over to China,

I would think it's important that someone is either with you from our side or their side and would say, by the way, these are hallucinogenic mushrooms.

I mean, how do we let our Secretary of the Treasury having business meetings eat hallucinogenic mushrooms?

It really is incredible.

Yeah, you would think that they would have somebody who's checking the kitchens, ordering the food, you know, putting protocols in place anywhere, even if you were domestic, let alone in a foreign country, let alone in China.

So it just goes to show what a bang up job this administration is doing once again.

Okay, so there was somebody, let me see if I can find this.

There was somebody that came in yesterday.

Economist Kalao Schwab, I didn't realize that, founder of the World Economic Forum,

said that the biggest threat to economic stability is the imbalances of the world and laughed the idea of a common

currency for the BRICS countries.

Yeah, I mean, listen, Klaus Schwab

has been peddling communism under a different brand for more than 50 years now.

He is the

generator of the idea of stakeholders that, you know, he gets to shape things without having any sort of risk in the game

versus a shareholder who obviously takes some risk.

I do think that he has biases towards certain parts of the world and perhaps the BRICS aren't included in that for whatever reason.

But you also have Jim O'Neill, former Goldman Sachs economist, saying the same thing.

This is ridiculous.

It's not going to happen.

It's just not going to happen.

The BRICS currency taking on the dollar.

How can you say that?

So, I mean, there are so many different projects that are going on that perhaps it's not the BRICS currency.

But one thing that has been under-reported is that the Bank for International SELTetments, you may hear of it as BIS, which is the central bank's bank, has been doing all kinds of interesting CBDC projects with different groups.

And there is one that is for China, Hong Kong, Thailand, and I believe it's the U.S.

UAE that's actually made a ton of progress.

And we've spent a lot of time, Glenn, you and I, talking about

the reserve currency situation and how the dollar is going down as a percentage of reserve holdings.

But the other reason why the US dollar is so sticky is that it's used in so much of payments.

I've seen numbers anywhere from 80 to 88 percent of all foreign transactions from country to country.

The US dollar is on one side or the other.

So they are trying to attack not just this reserve currency, but the payments.

That's what this BRICS currency is about, but it's also what these projects at places like the Bank for International Settlements are about.

is chipping away the U.S.

dollar's dominance.

And if countries can trade amongst themselves going around the dollar, then that has not only the economic implications here at home, but it also has geopolitical implications because that means they can get around things like sanctions and regulations and taxes.

And for people to poo-poo that that's going to happen is insane because we're already seeing that.

We're already seeing China make deals with other countries for energy and trying to settle that in the yuan that has some physical settlement in gold.

China and many other central banks have been loading up on gold in their reserves, probably as a not one-to-one backing, but some level of backing for their currency.

So the idea that these countries are not trying to chip away at the U.S.'s dominance doesn't mean the US dollar is going away, but taking us out of that pole position and having the inability to leverage the dollar for the benefit of the government's expansion and financing, for our benefit of cheap financing around the world,

and for these sort of geopolitical endeavors, I think is absolutely naive.

So Michael Burry, you know who he is.

I do know who he is.

So he's the the guy who

bet against the stock market in 2008, made more than, what, $1.5, $1.6 billion.

He has just bet against the U.S.

stock market

with a large sum, over a trillion dollars.

What's happening here?

So people who may know Michael Burry will know him from the book or the movie, The Big Short.

And he was one of the key figures that snipped out what was going on with the mortgage crisis, made these big bets, and

won in that particular case.

He's made a lot of predictions.

Some of them, you know, just like anybody else in the stock market, some of them work, some of them don't.

And obviously, it's a function of timing.

He has done this with options.

So the trillion dollars that you're looking at is the notional value.

That means if everything were to come to fruition, that could be potentially what it's worth.

But that's not how much he put up.

He put up a fraction of that because he's putting on options and betting against it.

I think the concern.

When you do that and you lose, don't you have to cough up the money?

No.

So when you buy an option, you're buying a contract for a fraction of its value.

So it's sort of like placing a fractional bet.

So if I think that the stock market is going to go up, I might buy a call option and it says, okay, well in the future on this particular date if it's gone up 20 i get a huge windfall but i only have to pay a tiny fraction of that to make that bet so and so many most of these things expire and you lose that small amount but when you get it right it's a big potential payoff so um according to the securities and exchange commission he filed on monday more than 93% of his entire portfolio is now betting against the stock market.

Yes.

So basically, there is this notion out there amongst the investors that the Fed is putting forth of what is called a soft landing.

And that is that the Fed is going to be able to control inflation without disrupting the economy.

And some of the issues that we've been talking about, you know, whether it's the bank potential for a bank crisis or the stickiness of inflation, creates a lot of concerns over whether that can actually be achieved.

And it may not be achieved in one of two ways.

Either you don't get the inflation down and that causes a series of problems or you do get the inflation down and you do that by disrupting the economy.

So based on the things that he's seeing and certainly I haven't had the chance to speak with him yet, but given his interest in banks, it could be some of the headwinds in banks.

We've seen a downgrade of some of the banks.

We've seen Fitch say that they may have to downgrade even the big banks.

We've seen an FDIC report showing concern.

We've seen an academic report showing concern over the banking sector, even though we're telling that that's correct.

You know, that may be the source of what he's concerned about, not to mention the commercial real estate issues there, since that's an area that he's been focused on previously.

But that's just speculation on my part because I haven't heard why it is that specifically that he's betting against him.

But there's plenty of choices to be made.

So let me take a break.

And when we come back, I want to talk to you about the commercial real estate market because

there's an enormous amount of

money

in buildings that need to be refinanced.

And

some of these big companies are just turning the buildings over to the banks and saying, take it, and walking away.

That can't happen

very many times before

things begin to collapse.

And if you look at San Francisco and Los Angeles, they are ghost towns.

And somebody is responsible for all of that money in those buildings.

So I want to talk to you about that and also

Ford.

Ford seems to be hemorrhaging money.

And how long can that go on before somebody says, okay, we're out of the electric vehicle business?

Back in just a second.

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So I was talking to

a real estate guy, and he said,

in the future,

when we have all EVs, all of these parking garages are not built to hold that much weight.

If you swap cars out for EVs, those things are just going to collapse.

And he said there, and we're not sure if cars are really going to be around.

So some of us are looking at parking structures and can we build them in such a way where we can make apartments out of them eventually?

And it's like, this is crazy.

Just crazy.

And I know

some cities are looking to convert these giant work towers into apartments and condominiums, but there's no place for people to go and to shop and to work in some of these cities.

How much commercial real estate is coming up for renewal?

And

what do you suppose is going to happen?

Yes, it just so happens that I have written on this previously.

So there was a report from Morgan Stanley, from their chief investment officer, and they said that basically about half of mortgage debt in commercial real estate is coming up for financing in the next two years.

But the part of commercial real estate that really is having the biggest issues is the office space, right?

Because they're dealing with the work-from-home situation and the fact that these cities have been decimated by crime and nobody wants to go into the office.

So, it basically they said almost a quarter of the mortgages on office buildings have to be refinanced by the end of this year.

And one of the issues this year, 2023.

So this is an ongoing issue.

And so they're facing that double whammy that now the interest rates are higher and their occupancy rates are lower because people aren't going back to work, which is why you're seeing in some cases, the people just giving up and giving the keys back to the bank.

The issue, you know, as it relates to the banking sector, as we were just talking about, is that in some cases, it's some of these smaller regional banks that have a lot of exposure to commercial real estate so that is a big potential issue in terms of stability now we've seen the federal reserve step up and backstop all kinds of you know crazy things on balance sheets before and certainly um in the short term we've seen them backstop the long-dated treasury securities so whether they're going to have to come in and do something for commercial real estate um you know i think that's a a big possibility and it seems like so far they've been willing to do that.

Because if they don't do that, then it is utter chaos in the banking sector.

And then all bets are off, which is tying it back to what we were talking about with Michael Burry, given the fact that he has been so focused on the banking sector.

I do just wonder if that is the area that he's most laser focused on here.

So, I mean.

How much can a bank take on?

I just look at San Francisco.

San Francisco is a ghost town.

It is.

It's unlike anything.

Every time I see it, you remember the movie with Charlton Heston called The Omega Man or

the Will Smith movie.

What was it?

Yeah, I am Legend.

Oh, I am Legend, yes.

Where he's alone in New York.

It's like that in San Francisco.

It's crazy.

It is.

I don't know if you know that I started my career in San Francisco.

I actually worked in the Trans-America Pyramid Building.

That's where I started my career.

And my husband's from the Bay Area.

And to see what has happened to that, that city is an utter travesty.

In fact, one of its long-term retailers, this fabulous, high-end, beautiful retailer called Gumps, that's an independent boutique store, put this letter, this open letter to the mayor and to Gavin Newsome, basically begging and pleading for them to just do their jobs, saying that this is untenable and saying that they've been around for over a hundred years that this may be their last year in business because they just can't do it from a safety perspective um you know and from you know all the issues the crime and and everything else that's going on in that city so it it's a it's a huge issue right so just that one city if they don't turn that one city around that could take banks down could it not several

i mean i think it would certainly create uh a lot of potential potential issues.

And you have to realize, as you said, it's just that one city, but it's not just that one city.

And you see what's happening in my one of my other places of residence, Chicago, and particularly on Michigan Avenue, which was the shopping mecca, and all of the retailers that have flown there, was that no, they people have just absolutely hightailed it out of there because they can't deal with the crime situation and all of the looting and the fact that people haven't been coming back to the city in the same way.

So these are substantial issues.

So, you have that from a retail perspective, and then you have the office building perspective.

And all of these things feed on each other because if you don't have people coming into the offices, then you don't have the foot traffic for, say, the other small businesses.

So, it really becomes this big chain.

And yes, there are a lot of banks and financial institutions that are financing this.

And some of the big banks may be able to absorb it, but from a smaller or regional bank perspective that has any level of meaningful exposure to this industry, it is a huge issue.

And that's why those red flags are being raised.

Okay, back in just a second.

I want to talk about your finances.

What does all of this mean to you?

And

are we living in an age like happened in the Great Depression, where household names are just gone?

How long can Ford lose billions of dollars year after year after year

and still stay in business?

And they're losing it because of the EV.

Back in a minute.

The Glenn Beck Program.

If you don't believe me when I say everything the Fed's been up to is leading us down the primrose path towards a digital dollar, something that will allow the government to do whatever they feel like to the value of your money, including canceling it.

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This is the Glenbeck program.

We're with Carol Roth.

Her new book is out.

It is called You Will Own Nothing.

Makes a great companion book to Dark Future, which is both of them are on sale wherever you buy your books.

A lot of people buy them together.

They're good companion books.

I wanted to talk to you, Carol, about

the idea that we're living in a time period where we could see brand names that we all grew up with just gone,

like Ford.

How long can Ford make EVs lose the kind of money that they are

and still maintain Ford?

So this is an incredible history rhyming situation, if you follow me for a second.

So as we know, Ford lost more than $2 billion

last year.

The first half of this year was about $1.8 billion.

And basically, that is because of their EVs.

They have this high cost of EVs.

They cannot compete

for the components.

They're getting a lot of the materials from China.

It's costing more than they had expected.

And on top of that, people aren't really that interested in paying that much for electric vehicles.

So the rest of their business is subsidizing the EV business to a point, but obviously they are losing money.

Not to mention the fact that China has these tiny little EVs, some of which start just over 10,000 US dollars that have been penetrating not only China, but Europe.

Here's the rhyme for me, Glenn.

Go back to 1979.

What happened in 1979 is the U.S.

under Jimmy Carter, which we're feeling very much like this is a repeat of the Jimmy Carter administration,

they gave China most favored nation status.

And that started to accelerate this export of capitalism

to China.

Eventually, by the Clinton administration, we got to permanent normalized trade relations and then walked them into the World Trade Organization.

We lifted up almost a billion people out of poverty in China, but that export of capitalism decimated our manufacturing, decimated our wages here in the U.S., and basically gave China this huge advantage on the international stage.

The green movement is doing the same thing again.

China has an advantage from a manufacturing standpoint.

They have an advantage from a wage standpoint.

We are moving away from traditional energy.

So they have an advantage from that standpoint.

They have the rare earth minerals and whatnot that they can mine.

So we are basically giving them the opportunity to put our companies here, our flagship companies, companies like Ford, out of business by pushing this insane green agenda.

And I am just watching this and going, this is exactly what happened.

People were greedy.

The leaders thought that they could just take advantage of this situation and it would really work out.

And it decimated so many people at the expense of just a handful of people.

And the absolute same thing is happening again.

So Ford sells trucks.

They're known for their trucks.

And to get a truck, a new Ford truck, you'll wait months for it.

Again, how long can Ford abuse its brand, abuse its buyers,

not be able to produce en masse what they are known for, what the people want from them?

and hemorrhage this kind of money.

How long can a company like that last?

Well, it depends on the powers that be that

did the auto bailouts and now are pushing the green agenda.

It depends if they want to come to the rescue.

Are they going to give them special subsidies?

Are they going to give them special tax breaks?

Are they going to funnel some kind of money their way in order to make this insane dream that really can't happen at scale and reality try to come to fruition?

So, without that, I would think that it would be a much shorter trajectory, although we've seen companies hang on longer than expected.

But with the aid of the people who want this to be a reality, this can go on for a very long time.

But eventually, what will happen is you will get some administration that will allow Chinese vehicles to come into this market and they will have to make some modifications.

So they will be slightly more expensive.

than the $10,000 or $15,000 we see, but they will still be less expensive than Ford or GM or any of the other major car companies here in the United States.

And for anybody who wants an electric vehicle or is forced into one, they're going to probably go in many cases with the low-cost provider.

And yeah, eventually these companies will be put out of business and China will be the one who ends up winning because of our own stupidity and policy.

Why can they make those cars so much cheaper than us?

I mean,

it's $40,000 cheaper.

That's a lot of money.

So they have access to the raw materials, right?

It's their raw materials, so we can't get them at a markup.

From a manufacturing standpoint, they have a wage advantage.

We know that we have a very high cost of labor here in the United States, vis-a-vis most places, but particularly vis-a-vis China.

And as we continue to transition away from other energy, you know, traditional fossil fuels that are required to, you know, as part of the manufacturing process, that's going to be part of the issues as well.

So all of those costs end up adding up.

And, you know, you can put some tariffs on, you can put some duties, but China has a massive advantage.

And we keep talking about bringing manufacturing back here to America.

We're not going to be able to compete on wages.

Nobody's going to want to get the wages down.

Certainly the unions don't want to stand down.

So that means in order for us to be competitive at all, we need to be all in on traditional energy sources.

And what's happening?

We have this huge move in the opposite direction.

This is basic common sense.

This is basic math.

And

these ideas that they have are just, again, rainbows and unicorns that don't exist in reality.

So do you ever, do you ever think, Carol,

my wife came home the other day, and she was at a, she had a stop for gas, and it was at night.

And she stopped in a, you know, not the best neighborhood.

And she said, honey, I was terrified to get out of the car.

She said, I don't think I want my car anymore.

She has a nice car.

She said, I just want to beat her.

She said, because I don't want to be a target at a gas station.

And she's right.

And there are, things are changing on the ground.

Harvard is now telling their grad students to apply for food stamps.

Food stamps.

Harvard is saying that.

At what point does the American, do the American people, do you ever think about this where they go, you know, those rich sons, and they just go get them?

I mean,

that is a huge fear of mine.

I think about this constantly.

I think about it constantly.

I mean, Harvard, I'm the one that coined the phrase that Harvard is a hedge fund with a university attached to it.

It is.

The fact that they have a $53 billion endowment that's going out and doing things like buying up land and water rights, and that they're encouraging their grad students who are doing, you know, a bulk of the teaching and that they, you know, severely underpay to go on the government dole is absolutely disgusting, just like it was disgusting that they were going to take some of the CARES Act dollars until some of us raised our voices about that and forced them to change that around.

But I think about this all the time.

I mean, this is the issue.

When we look at the quote-unquote overall economy, it looks stable because there's a small group of people who have done incredibly well on the back of monetary and fiscal policy.

But the average person, Main Street America, is suffering and they are not being able to participate in the American dream.

They have Wall Street coming in and trying to compete with them for a home.

They cannot buy their food.

This is not how we allow America to move forward.

And if we don't stop this, if we don't allow the American dream to exist for everyone, there will be civil unrest because it just cannot be sustained.

There's absolutely no reason why Harvard should not be providing food for their grad students when they have a $53 billion endowment.

And it seems almost like it's deliberate because I don't know how these big entities, these incredibly wealthy entities are not seeing the writing on the wall.

If you go back to Henry Ford, it was, yes, I want to make a bunch of money making cars, but I want to make sure that everyone who works in my factory can get paid and afford to buy one.

And we have gotten away from that principle and we have to preserve the American dream for the middle class.

Carol, thank you so much.

As always, good to talk to you.

Carol Roth, she has written the new book, You Will Own Nothing.

It's a companion book to my book dark future find out how you can fight what's happening right now with dark future and you will own nothing

all right it's disaster time right

yesterday i told you i would be busy eating stew it pained me to do it but rules are rules and he looked very marbled so I sign his paycheck.

I believe if the world breaks down, I can eat him.

Because I've bought him over and over and over over again.

He sold out years ago.

But now here I am out of food again.

I mean, vegetarians don't last long.

Gee, if I only had a bunch of backup emergency food that had long shelf life and tasted great, I wouldn't have to eat Sarah today.

See how fast this is going?

Yeah, yeah, pretty soon I'm going to be the only one doing the show.

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It's about this time,

it's about this time every day that we look at our lives and we look at the news and

Stu tries to talk me into drinking again.

Yeah.

I mean, it would be huge for the show.

It would really benefit the show.

A lot of people would tune in to see what happens.

I don't think a good friend does this to an alcoholic.

No, I don't think they would either.

If you find somebody in that particular circumstance, you let me know.

All right.

Thought.

But no, I'm not going to be your friend, especially after what you've done today.

What have I done today?

You have not told America about the big story of the day.

Oh, have I missed the big story again?

You're lying to them.

I mean, lying by omission, but you're lying to them.

Okay, what is it?

Why won't you discuss what's really going on?

Well, I did discuss the transgender American who joined the

Ukraine.

It is real, that joined the Ukrainian army and is now the spokesperson for Ukraine to the United States.

Okay, I'll admit that is absolutely the biggest story of the day.

But the second biggest story of the day is.

is who is qualified for the debate, which is one week away.

We have some people who have qualified.

And by the way, not everyone you're thinking.

We've got Tim Scott, he's in 100%.

Ramaswamy in.

Haley, in.

DeSantis in.

Now, Trump, people are saying he's in.

Technically, he's supposed to sign the loyalty pledge, which he has not done and says he will not do.

He's not going to.

Right.

I don't think he is either.

Now, we all expect him to not show up at this point,

although who knows.

There was some speculation, by the way, is he would wait until right before the debate to turn himself in for this indictment, so it would totally overshadow the debate.

Oh, wow.

That totally seems like something he would do.

But let me ask you something.

If you were him

and all you had to do is sign a loyalty pledge that I'm not going to go against the Republicans.

What does he care?

Yeah, what do you care?

I mean, oh, he's a liar, really, along with a Russian spy.

What are you going to do?

You know, embeds, you know, peeing on hookers.

I mean, really?

Now, two other people have qualified for this debate, but have not signed the loyalty pledge.

And I don't know, will they?

Chris Christie, is he going to sign a loyalty pledge that says he's going to vote for Donald Trump?

Is there a hot dog involved?

Well, then, of course, he would have signed it.

I mean, yeah, of course.

What kind of question is that?

Mike Pence is another.

We're like, would he sign it?

I mean, he's saying, you know, he shouldn't have shut up.

He's not for a hot dog.

Hot dog in a Bible, maybe.

But that's one, two, three, four, five, six, six, seven that are in.

That's not that bad.

That's a theory.

It's not as big a field as we might have hoped or thought it was going to be.

It didn't grow into that 22, 23.

Yeah, I didn't hope for that.

No, I didn't hope for that.

No, no, no.

I'm saying the opposite.

However,

you have totally ignored and denied the knowledge to your audience for weeks now

that Doug Bergham is in this debate.

Wow, Doug Bergum.

Doug freaking Bergham.

Doug Bergham.

Bergamentum is here.

Yeah.

Bergamania has arrived.

Bergum is from what state again?

Not that I don't remember my statement.

You don't know.

No, I know.

So pathetic.

I know.

You play these games in North Dakota.

North Dakota.

Governor of North Dakota, Doug Bergham.

Doug Bergam has hit the donors, which he was paying $20 for each $1 donation.

He has met the polling, and he's signed the loyalty.

Pledge.

He is in.

Yeah.

Now, I've read something about Doug Bergham,

and it was pretty scandalous.

It was like he was for, I don't know, Karl Marx.

He had him over for dinner.

It was something.

No, it wasn't that, but it was something like that.

But I care so little about Doug Bergham, I don't remember what it was.

Well, you're going to care

one week from tonight.

We should look him up because I don't think he's actually on our side.

I think he's actually on our side.

It's funny.

He's one of those guys I really have not looked into all that much.

No, and I think you should because there was something like, I don't know, maybe making out with Lennon's wife.

I don't know what it was.

I don't, that doesn't seem likely from just timeline.

I just remember it not seeming likely that the guy was a Republican either.

Ah.

So we should look into him.

Can we get a bergam update tomorrow?

A bergam update?

Yeah.

A bergamentum update?

Yes.

A bergamentum, burgamania.

Please stop saying it because it makes me think of burgers, which I really, really want, but I don't have any food, so I'm going to have to eat Sarah in a nice, delicious bun.

That sounds sad.

That sounds sad.

For Sarah.

For, yeah.

For me, it's good.

For me, it's pretty good.

So, all right, Bergamentum tomorrow.

You give us an update?

We will.

Because I swear to you,

maybe it was just that he was in a seance with Hitler.

I don't think so.