Best of the Program | Guests: Carol Roth & Jeff Brown | 6/16/22

and Alyssa are always trying to outdo each other.

When Alyssa got a small water bottle, Mike showed up with a four-litre jug.

When Mike started gardening, Alyssa started beekeeping.

Oh, come on.

They called a truce for their holiday and used Expedia Trip Planner to collaborate on all the details of their trip.

Once there, Mike still did more laps around the pool.

Whatever.

You were made to outdo your holidays.

We were made to help organize the competition.

Expedia, made to travel.

On the podcast today, pretty interesting show.

You have the accusations against Congresswoman Lauren Boebert, which she is suing for, and you'll understand why.

We have Carol Roth on to talk about the economy.

Mo Brooks is running for Senate in Alabama.

He's in a runoff next week.

And

we play one of the greatest audio clips in cable news history that Mo Brooks is a part of and talk to him as well.

Today, Jeff Brown joins us to talk about technology and everything going on there.

And we go through oil prices and the Biden administration's response to them and what the Biden administration was saying and what they're saying today.

Two very different things.

Here's the podcast.

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You're listening to

the best of the blend back program.

Wow.

Wow.

Welcome to the program.

If you just tuned in, you tuned in at exactly the right time because you are about to learn something about

Lauren Boebert that is shocking.

Shocking.

This is coming from the very credible group, the American Muckrakers Pact.

And they have uncovered now.

And they don't like doing, well, actually, they said they do this with with glee, but I'm sure what they meant to say was: it's with a heavy heart they have to expose Lauren Boebert that she was an unlicensed, unlicensed, mind you, paid escort and met clients through sugardaddymeat.com.

And

she was an escort for wealthy men.

And

I'll have you know, in December 2019, Senator Cruz, quote, donated

at least $136,250

and quote, to the Boebert campaign to help her raise large, well, they say, for her help in raising, yeah, you know what I'm talking about.

But they said it was just raising large sums of money during trips Bobert made to Texas.

She didn't disclose $70,500 donation made by Cruz's Federal Election Commission filings, and it contradicted her filings.

Then she went out and had an abortion in Grand Junction, Colorado.

Now, the timeline's all screwed up here, but pay no attention to the fact that what they were just saying about her taking money from Ted Cruz has nothing to do with the abortions that she apparently got because she was Ted Cruz's,

I don't know, escort.

But she had an abortion and probably killed Ted Cruz's son or daughter in an abortion in 2004 or 5, even though the two never had met in 2004 or 2005.

But she was about 18 years old, and

she was working for for SugardaddyMeat.com,

and

you know what that happens.

You know what happens there.

SugarDaddyMeat.com.

Yeah.

Lauren Bolbert.

Just be careful, bud, because they did just start as a new sponsor of the program.

So I want to make sure you're careful on what you say about them.

Did they?

Yeah, we have live spots for you.

Okay, thank you for that.

Appreciate that.

Well, now she does say,

I'm going to sue the hell out of you because none of this is true.

But that's exactly what you would expect a hooker to say, isn't it?

It is.

Now listen to this.

Yeah.

Now

listen to this.

There's more.

Not only, we're looking at the small stuff here.

Not only was she a hooker.

I'm sorry, an escort.

Not only has she taken illegal money from Ted Cruz.

Not only has she had two abortions.

But are you ready?

She was also a stripper.

Oh, and she and her husband had a meth drug problem as well.

So they're both meth heads.

My gosh.

Those aren't her real teeth.

Now,

again, I'm still focused on the small stuff

because

her husband

also has a consulting contract for an oil and gas company for $460,000 a year,

but has zero consulting experience.

Kind of like Hunter Biden.

It's called proof.

That's what that's called right there.

That's slam the door, you know, hit the gavel struggle, comes down, and the case is over.

That's what that is.

Yeah.

When, you know, when her husband is giving advice to an oil and gas company, you immediately know, that's a meth head.

Right there.

He's just a meth head, which is much worse than a crackhead like Joe Biden's son, where we actually have the evidence and the audio tapes of all of it.

You know,

she's married to a husband who is an oil and gas guy, and

holy cow.

And they were doing meth.

And that's all while she was stripping, somehow or another, also, you know, being a paid ad.

Well, that's if you could see exactly what she said.

They shut him down.

Yeah, they shut him down.

They shut you down because they didn't want you to get the truth out about Lauren Boebert.

That's the type of power she has, apparently.

Absolutely incredible.

You know, I think I might sue too.

I think I might sue myself.

And here you have an actual son of a president who is actually doing virtually all of that and more

and actually doing it.

And we have actual evidence.

And yet they put all of that on Lauren Boebert, who, you know, obviously.

Talking, you guys are just focused on the little stuff.

Focused on the small stuff.

Okay.

You're thinking, you know, meth head, oil and gas, no experience.

She's a hooker.

She's a stripper.

You know, she had a couple of abortions.

But do you know that all so she was driving an ATV in Moab and had a serious wreck with her son

in the back, and her sister-in-law was so seriously injured that her sister-in-law had to be flown to a hospital via life flight.

But Bobert didn't report the accident as required by Utah law.

And then she actively worked to cover the accident up two weeks before the primary election, including paying her sister-in-law off to remain silent about the accident and the life flight.

Yeah.

Yeah.

That's who you, that's Colorado.

That's who you have.

That's who you have.

A stripper, meth head, oil and gas, greedy killer sister almost, and have covering up with the life flight.

That's what you got right there.

That's interesting.

Because doesn't she, didn't she own her own business, too?

I mean, just to do all those things at once is pretty impressive.

I mean, maybe this

is the type of thing that should get you elected to Congress.

Just that type of multitasking.

Finally, you are talking about the real deal here.

I guess we are.

That's the way this works, apparently.

I don't know, Pat.

I feel like, can you just say anything you want?

I understand there's a high bar when it comes to libel and all these things, especially when it comes to public figures.

But they're just make it seemingly making crap up to smear an elected official.

And I don't know.

Does this cross that line?

It seems like it might.

It kind of seems like it to me.

Yeah, it does seem that way.

It seems like they, like, again, they took everything from Hunter Biden and put it on Lauren Boebert.

Except Lauren Boeber didn't drop off her laptop with all of the evidence that she did all of these things at a random computer store

and then leave it there for months.

Yeah, but you are, again, missing that she used donor money to pay her taxes and restaurant rent, and she still owes her employees back pay, and she is currently threatening them if they say a word.

Okay, so she's also

an economic terrorist.

Oh, man.

Yeah, she is.

I mean, how could you even possibly?

No, you couldn't.

Oh, I hope she sues the pants off of them.

I've never heard such a kitchen sink kind of case against somebody.

Usually it's like they were, she's a hooker.

And that's it.

This is,

she also, she's all, she's very, we have it on, we have it on good authority.

She's also an alien.

And she also served as Chancellor of Germany in 1936.

They really did come out with every single thing

they could churn up here.

I guess that shows that they find her to be someone who is dangerous, right?

That's someone who they're afraid of.

I don't know.

I don't know why you would do something like that.

They don't seem to have a ton of evidence.

I guess maybe in the in the trial, we'll we'll figure that out.

Well, I will tell you this.

Again, you guys will not focus on the real issue.

It's not that just they were meth heads,

but her husband,

Jason,

also a drug dealer.

Oh, wow.

Okay.

Wow, there's another new rank.

Busy family.

I'm more impressed by how well they're able to keep all this stuff together.

They have a lot of irons in the fire, don't they?

Just the management skills alone are enough for her to be in Congress.

This is incredible.

Especially, you have to remember they're doing math to keep all of this going at the same time.

You're dealing and doing math.

You're an incredible person.

You are, you're worth every dime

you might charge in bed

because you're just, you can do multiple things.

Okay, Pat, thank you so much.

Pat Gray Unleashed is the name of the podcast.

And you can get it wherever you find your podcast.

You're listening to the best of the Glen Beck program.

Carol Roth, welcome to the program.

How are you, Carol?

Oh, you know, just watching the market implode and, you know, watching the lies come out of

the White House.

So, just kind of another day under building back better, Glenn.

How about you?

I know.

Oh, great.

Let me ask you a question.

I've taken money out of the stock market, but I also

have gotten burned before by taking it out and then, you know, missing the upside, et cetera, et cetera.

And

my guy who, you know, watches over my investments, he's like, Glenn, Glenn, it's going to come back.

And I'm like, I know it will come back.

But, you know,

I'm nearing 60.

So if it's back in 10 years, I'm going to start needing that money.

Should you have any money?

I took about 50% out.

Should you have any money in the market at this point?

Have any idea what's coming?

Yeah, so obviously this is not financial advice.

And I think that you did the right thing by talking to your financial advisor because obviously it makes a difference if you're closer to retirement or if you're somebody who's younger and has the time to wait it out.

The reality is we don't know.

If I knew and I had this crystal ball, I'd be in a yacht on the Mediterranean and not on your program as much as I adore you, Glenn.

But that's what I would be doing.

No, I know.

I wouldn't have a program.

So the reality is, you know, they show you over long periods of time that the people who take money out of the market tend to miss the biggest up days in the market.

You know, in these bear market situations, there are these kind of bull rallies that happen.

And if you miss the 10 best days of the market over, you know, a 10 or 20 year period, that ends up killing the returns that you get on your portfolio.

So I do think, especially if you have a longer time horizon, that you should not panic.

You know, you never want to be the one who's selling when the market is down.

That's when you want to be buying, not that I'm saying to buy today,

but you should be also hedging your portfolio and maybe realigning it.

And I think it's a good time to maybe look at the types of of investments you have in your portfolio.

If you are looking at these high-flying growth companies with weak balance sheets, you know, that don't make any money, those are the ones that are going to struggle.

If they have these rock-solid balance sheets, they generate tons of cash.

They're in an industry that can pass price increases on to the consumer.

Those are the ones who are going to survive and they're ultimately going to thrive.

So that's the kind of thing you should be talking to your financial advisor about is maybe repositioning the portfolio right now.

now.

So, what's really crazy because of ESG,

right now would be the time, if I'm not mistaken, you know Wall Street,

but right now would be the time that you would think you've got to get into oil and gas

because they're going to make a killing.

They'll invest and they'll bring, you know, we'll start to really boom and they'll make a killing on it.

But that's not true anymore because the market is not free.

Oil and gas, is that even smart to do that now?

So it depends on your perspective.

You know, I'm a follow-the-money kind of person.

And obviously, like you said, the ESG push, the green push, the decarbonization push is so entrenched.

You know that they're going to throw more money at that.

And they've been keeping money from these sort of traditional areas of investment.

So the question you have to ask yourself, and again, I wish I could tell you the answer.

I can only tell you what to think about to answer the question: is do you think that we're going to see a reversal of course because right now part of the reason that everything is so expensive is because we have had all of this capital being directed away from the industry and there's severe underinvestment in all types of fossil fuels and traditional energy sources so that the play that you're going to have to go through in your mind is do you think something is going to change or you know eventually here we get some temporary relief and then the green people continue to to march on and you know completely kill our dependence on fossil fuels.

What is frightening is that letter that came from Biden yesterday where he said to the oil companies,

I have emergency orders where I will begin to direct this.

This is what Hugo Chavez did, and it was over for Venezuela.

Okay, so let's go back, you know, into, you know, whatever it was, 50, 60 years ago, Venezuela was the fourth wealthiest country in the world.

And like you said,

their powers that be said, we have wealth inequality.

We need to hand this over to the government.

We'll make sure that you are all rich and they nationalized oil in a bunch of industries.

Do you know what the median net worth in Venezuela is today, Glenn?

God, I don't.

I'm afraid.

No, I don't.

It's zero.

I am not making this up.

This comes from the Credit Suisse report on world wealth.

The median net worth.

They went from the fourth wealthiest country in the world to a median net worth, not even an average, a median of zero.

The midpoint of the country's net worth is zero because they nationalized the oil and gas industry and the wealth.

And that is the trajectory they want to take us down here.

So, Carol, is it unreasonable to say, I mean, you know, Biden is lying to us about gas and oil and ESG and all of that stuff.

He's just out and out lying to us.

Is it unreasonable to say that that's the way you get people to own nothing by 2030?

I mean, it's certainly one huge element of it.

I mean, just think of if we had

some retraction of our energy where one day a week we couldn't have enough energy to power electricity or to get us to where we need to be.

And we all had to move to four-day work weeks.

Think of the productivity that we would lose think of how our gdp would shrink think of the rolling consequences of that throughout the economy and yeah that's a really good way to start you know killing the ownership of people but glenn they have so many different ways they are trying to attack you and make sure that you own nothing that's just one of the tools in their pocket

I will tell you, I'm up here at my ranch and I am surrounded.

I live in a town of very, very small.

I I mean the next biggest town over is 5,000.

And it is,

it's all ranchers.

I mean it's all farmers and regular people,

dairymen.

And they're all terrified.

I mean they can't buy fertilizer.

Water is already at a premium.

And now the state of Washington and the state of Idaho is talking about taking down the dams, which would destroy the energy here.

and it would destroy all of the water.

I live in a desert.

Okay, it's a high mountain desert.

A lot of farms and cattle are here.

And on top of that, they're also expressing to me fear that they'll even be able to keep their land.

I think these are real concerns, and I hope the place that you're in is Galt's Gulch because we've been looking for it for quite some time.

But the reality is that the wealthiest people in the United States, you know, the Bill Gates's Harvard Hedge Fund, they have all been buying up not only land, but water rights.

So it's something that we do need to keep a very close eye on because the question is, you know, why do they think this is such a good investment?

You know, they're looking for return on their investment.

So what do they think is going to happen with the prices that they're making investments in farmland and in water rights?

It's an area, area, you know, it's one of those, I'll call it a dark gray swan because obviously we've talked about it, but really not enough people are focused on it.

And, you know, to the extent that, you know, you've got this rationing of water on top of everything else.

I mean, I can't even imagine that scenario and the social unrest that comes with that.

So we have 30-year mortgage rates.

They were last week 5.5%.

This week, they're now at 6.28%.

percent, and the fed raised the rates yesterday.

What is this going to mean?

I do think they came down a little bit intraday, but yeah, it's still very high.

This is a very challenging question, and the challenging question is because we have such a supply and demand imbalance in the housing market, again, because of all the idiotic things that the powers that be have done over the past couple of decades.

So, we have an undersupply of its estimated four to five plus million houses.

And that's what has supported

these high prices in housing.

Plus, you have all of these corporate buyers who are flush with cash who are coming in and they are buying up.

Talk about you will own nothing.

They are buying up housing, the thing that makes people

gain generational wealth.

And they're doing it with all cash.

So they don't need a mortgage.

And sometimes they're not even looking.

They're not even doing an inspection.

So they're getting, you know, very, very favorable outcomes.

So, yeah, I mean, in terms of what happens with the housing industry, the mortgage rates are going to keep first-time buyers and people who were just able to afford out of the market even further.

They were already hurt because of the inflated asset bubble.

Whether that means we'll certainly see some cooling off.

I don't think we're going to see like a 2008, 2009 type implosion because we just don't have enough houses.

And I don't think right now people are over leveraged.

The best of the Glenbeck program.

Jeff Brown, how are you, sir?

Jeff, are you there?

I am.

Good morning.

Hey, thank you so much for coming on.

Can we start with just this small little mini nuke that is being developed in Idaho?

Do you know anything about it?

And is it real?

And could we actually get this off the ground?

Yes,

it's very real.

It's interesting research that's being done up in Idaho.

Of course, these smaller nuclear reactors have been in development for years, much safer, not capable of a nuclear meltdown,

very promising, obviously, doesn't emit any

have any carbon emissions as it produces energy.

A wonderful solution to many of the problems that we're experiencing today.

But it does have one big political problem

that I see, and that is the fuel that it uses.

Of course, it still uses a radioactive fuel.

It's kind of a low grade enriched uranium, not quite the same as what's used for nuclear fission reactors.

But

probably the biggest problem that I see with something like that isn't as much

a technology issue, but one of a political issue.

There will be some level of radioactive waste, and I think it would be very hard to

push that through from a political standpoint.

Jeez, we are just killing ourselves.

How far are we, Jeff, from you know, we are just shutting down oil and gas and coal.

We're going to go into

brownouts.

Everybody is saying that that's coming this summer.

You know, I'm all for a green revolution.

I'm all for everything we have to do to have good, stable energy that's really super clean.

But we're shutting down, we're talking about getting rid of all the hydroelectric plants and getting rid of all the dams in Idaho and Washington state.

That's insanity.

How close are we to something revolutionary?

Well, there's

quite a few reasons to be, for us to be very optimistic, actually.

Back in 2019, I actually,

my prediction at the time was that by 2024,

we would have a major breakthrough in nuclear fusion reactors

in that we'd see the first fusion reactors actually producing net positive energy.

In other words, they would produce more energy than was required to run and control

the fusion reaction.

And the benefit of nuclear fusion is that some forms of it produce absolutely no radioactive waste.

And I can say sitting here in 2022, the summer of 2022,

I feel more confident than ever

that that prediction will be proven to to be accurate.

And the real exciting developments are actually happening in the private sector right now.

So there's companies out there, Commonwealth Fusion Systems out of Boston,

General Fusion out of Vancouver,

TAE is another big one out of California.

They're doing incredible work, and they're getting very close to that point of at least producing a proof of concept.

So, yeah, that's what I was going to say, proof of concept, because I've heard that

they just did an experiment and showed that it is

possible and it's working, but it was like a fraction of a second that it was online, right?

That's right.

They haven't built out yet the commercial scale

fusion reactors, which is what's happening right now.

And

once they have that commercial scale, and we can think of that as being something that would fit inside of their compact reactors, it would fit inside of

a semi-trailer, for example, or

a small warehouse.

They'll be that small and much better designed for a distributed

utility grid, basically.

When it comes to batteries, I don't know if you saw the Lightyear that is coming out.

I think this is a French vehicle.

And they're talking about how it has solar panels on it, so you never have to charge it, blah, blah, blah.

But, you know, it also has a range of 43 miles.

You know,

you can charge it as you drive it,

and

you can get better mileage on it.

But that's what they're guaranteeing now.

They're saying this is the first one of its kind that can charge it on the way.

I know in my house, I'm completely off the grid, so I have wind, solar, and natural gas backups or propane backup backup generators, but it is

not ready for prime time.

It's way, way expensive.

And the batteries that I have are, I don't know, $15,000 or $20,000 apiece, and they're the size of a couch.

How close are we on batteries?

And with everything that's going on in the world, I mean, we won't mine our own

minerals for batteries.

Are we going to be able to have the stuff to build them here?

Well,

that car, the light year, I mean,

I kind of look at that as an interesting science project.

Theoretically, you can charge

the batteries through the solar panels to get enough to drive a few miles, but it takes such a long time.

It's not practical at all.

And to your point, very expensive.

The car is more than a quarter of a million dollars.

The batteries add additional cost cost onto that.

A much smarter approach is actually more similar to what you've taken.

You know, put solar panels, for example, on the roof of your home, buy a $50,000 electric vehicle, and charge that vehicle with the electricity that's coming off of your solar panels.

That'll get you in at a fraction of the price and

emission-free.

That's a great solution.

Now, there is

something I go ahead.

I was going to say there's something I think you'll be very excited about,

which is a new company that just came out of stealth called Avalanche Energy.

And they are building the equivalent of what's happening

in Idaho, but a fusion reactor.

And get this.

Their device is roughly the size of a large shoebox.

So one foot by

feet in size.

You and I could easily stand up and hold one in our hands.

And their approach to the fusion reactor is very different.

Rather than the temperature of the sun to create this plasma reaction or extremely high pressures to kind of fuse ions, they're taking an interesting approach in trapping ions in orbit and then using very high voltage to create the plasma reaction.

So, in theory, 600,000 volts

will

maintain this plasma reaction, fuse the ions, and release this clean energy.

No radioactive waste of any kind.

And what's interesting about this is that something that's the size of a shoebox could actually be used as the source of energy for a car, for a semi-trailer, for a cargo ship, and even for an aircraft.

Wow.

How far away is that?

I'm just looking at it now.

It's incredible.

It is.

And in fact, it's very timely for our discussion.

They just came out of stealth just a few weeks ago.

Very promising technology.

Looks good on paper in terms of theory.

They're already working on some prototypes.

The most challenging thing that they need to overcome is really how to manage this 600,000 volt basically reaction inside of the small device.

It's no easy challenge, but it can be done.

I can see how it can be done, which is why it's such a promising company.

And so I think this is a great kind of complement to these compact nuclear fusion reactors, which would

fuel municipalities, cities, large neighborhood casinos.

And then this would be small enough to

fuel a small group of homes or, like I said, a semi-trailer or even an aircraft, which is a really exciting possibility.

Okay, so one more question.

I've got to take a break in about a minute and we'll come back with you.

But

600 and some volts, volts and watts are different.

How many watts is that?

How many watts would it take?

I mean, how can you get it from the sun from, you know, in your car?

Well, let's put it this way.

An easy analog would be 600,000 volts.

Compare that to the voltage in your car battery, you know, what uses, turns your engine over.

That's about 13 volts.

So

there's a big gap between

the two

to maintain this reaction.

But it's not insurmountable.

That's the key.

Okay.

So it's a shoebox.

connected to a very large series of batteries.

Yeah, well, in fact, you wouldn't need as many batteries because it's producing a net energy output, right?

So once you get it started, it doesn't, it can feed off itself.

That's exactly right.

That's exactly right.

Wow, that's great.

The batteries would store enough energy to start the reaction and then maintain it.

Wow, that would be incredible.

Okay, hang on just a second.

More with Jeff Brown.

I want to talk to him a little bit about AI.

Some really scary stuff is coming out.

And, you know, the average Joe is not going to know what's alive and what's not with AI soon.

And we'll talk to him about that coming up in a second.

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