Exposing the TRUE Misinformation Superspreaders | Guests: Rep. Patrick McHenry & Rep. Chris Stewart | 4/8/22

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This is the Glen Beck Program.

Hello, America.

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I really...

amazed at what we learned yesterday about our intelligence community that apparently they're engaged in disinformation and they are just releasing all kinds of things like hey they're going to use chemical weapons

well apparently the one ap reporter that was sitting there with that briefing that said excuse me can i get any of the intel on that

and he knew that they were lying because that's not the way the pentagon announces these things apparently he was right the pentagon is just releasing information, the National Security Council, that really doesn't have any basis in fact, and the media is praising them for it.

Meanwhile, yesterday, they had a collection of all of the media.

Of course, no conservatives, except for the college students in the audience.

They wanted to talk about disinformation and malinformation and the threat to democracy by all of these lies.

It was unbelievable, but I want to start with some good news.

What

is the next election going to be like?

We look at the actual numbers and the trends in 60 seconds.

So some clown said, you know, all the world is but a stage and all the men and women are merely players.

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Some of those men and women spend most most days feeling like they just fell off the stage uh if you are in frequent pain

tell bill shakespeare uh-huh right some of us are in real pain every day i'd like to suggest that you try relief factor relief factor get back on that stage 70 of the people who try it go on to order more and they do because they're it works for them and they get their life back it's not a drug but it was developed by doctors and has four key ingredients that work with your body to fight inflammation.

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So there's a great story in the Daily Caller.

A significant number of Hispanic women are poised to represent the Republican Party in Texas as congressional candidates in the upcoming midterms, creating a potential nightmare scenario for Democrats as they have tried to make Texas blue.

Four Hispanic women have already won their GOP primaries.

Two others made it to a runoff that will be held in May.

Also, it looks like Warnock in Georgia may have a serious challenge, and the polls, at least at this point, show that he will be beaten and it will be a Republican senator that will replace him and kind of a famous one.

Stu has, as always, every election, he has all the numbers and all of the trends.

It's a Friday.

I'm coming to you hesitantly

because I really want good news.

I don't want you to say the things that are untrue, but maybe leave some of those out.

I want to go to the bad news you want to leave out.

I mean, a little bit.

Just break it to me gently.

Okay.

Okay.

All right.

Let's start with why this matters.

You have the House.

Obviously, the biggest thing you need is one of these, the House or the Senate, to block Biden legislation.

Yeah.

That's the biggest thing.

You also get

investigatory

powers, right?

So that's an important thing as well, especially with all the scandals that we've looked at over the past year just so far.

In the Senate, of course, you have the same block of the legislation, but also the court appointments are big.

Katanji Brown Jackson is not a Supreme Court justice.

If the Raphael Wernock election goes the other way in 2020,

I think there needs to be a few others.

I mean,

I should definitely clarify that.

She got 53 votes.

Yeah.

But of course, those votes didn't matter, right?

There wasn't a time, you know, those three votes were

statements, right?

If it was.

No, Romney was just wrong.

Well,

Romney's the ultimate statement.

He voted against her at a lower appointment.

Right, I know.

So he's just, he just, he's posing for the cameras.

And when, if it was a difference between this Supreme Court justice going through or not, perhaps you'd see.

No, Romney wouldn't.

Romney is.

Romney is an aberration.

I mean, you look at Susan Collins,

okay, I get it.

Yep.

I get it.

She's in Maine.

Right.

You know, what are you going to do?

You get a Republican in Maine that votes with you 15% of the time.

You take it, I suppose.

Yeah, but Romney is just a nightmare in Utah.

I don't know what's happening to Utah.

By the way, have you seen Mike Lee's challenger from the Republican Party?

Yeah.

Was for Roe versus Wade?

Is for abortion?

She's a Republican?

Good selection there.

What the heck is wrong with you?

Again, Mike Lee,

he better win that race.

He better win that race.

The Senate is a big one just because just think of the Supreme Court is a big one.

But it is, you need to control it by a few seats.

You need to have a little bit of room there.

Okay, so how do you think about these races?

There's different ways to construct them.

And the House is really just the vibe of the country, right?

You have 435 races going on.

Basically, you start off at 170 to 170 on each side that won't be challenged.

And all those races in the middle are two years, every two years, and largely are just decided on the vibe of the country.

And that's the way it was designed to be.

The House of Representatives was supposed to be the first emergency break on an out-of-control government.

That's why it's every two years.

You're short-lived.

People can react quickly.

They're the ones closest to you.

And that is, and they have have the purse strings.

They don't anymore, but they actually legally do, but they've been taken away from them.

But they're the ones to stop madness.

And they largely gave them away.

We should pull them out.

Yeah, oh, yeah, yeah, yeah.

The one taken.

Now, I think you look at the vibe of the country, and everyone would say, Joe Biden's doing a terrible job.

His approval rating is in the 30s.

This is a time where Republicans should win.

As we know,

in midterm elections, largely, we see a push away from the president in power to the opposition party.

So like the Republicans have,

they've got everything going for them here.

So I think a lot of people on the Republican side the Republican Party.

Except themselves getting in their own way.

But most people would look at this and say, okay, the vibe of the country, of course, the Republicans are going to win the House and the Senate.

Well, the Senate is a more complicated.

formula for who wins there.

There's three things that really take

into account there.

First of all, the vibe of the country as well is a big factor.

But also the pre-existing structure.

What is actually up for election?

That's a big part.

It's not every seat like it is, of course, in the House.

And the quality of the individual candidates matters much more when it comes to Senate races.

They get a lot more attention, a lot more money,

a lot more scrutiny.

So that is kind of just to set the table.

So right now, of course, we are at a 50-50 Senate.

We'll look at the Senate here.

The House is too far away, really, to be able to see it beyond just the vibe of the country.

The Republicans should win the House.

If they lose the House, it would be a choke

of epic proportions or some unforeseen event that changes things completely.

And

if you look at the latest polls, you know,

Donald Trump is not liked by a lot of the country.

I don't know if you've noticed that.

I have.

But if you look at the latest polls, which one's better for America, Biden or Trump?

42% say Trump, 28% say Biden.

Yeah, and now there's a huge part of essentially undecided or other in there to play with.

But you're right.

I mean, Biden is in people's faces right now, and people realize he's doing a terrible job.

If Trump is to run, the media is going to do what they did from 2016 to 2020.

And he will get back online and do what he's always done.

And so it will be, it won't be easy either way, but that's going to 2024.

2022, the Senate.

So where do we start from?

The starting point is without any elections taking place, absolute floor for both of these parties.

Democrats have 36 seats.

That's where they start.

36 seats for the Democrats.

Republicans, this is the structure we're talking about.

Republicans start with 29.

So they're seven behind going into the Senate election this year.

Now,

you have a bunch of races that are very easy, right?

There shouldn't be, these are solid races.

The party shouldn't have any problem in them.

Every once in a while, you get an upset here.

A candidate wins a primary that winds up, you know, blowing the race.

Some crazy thing happens.

So, but as we know right now, if you look at solid races, The Democrats have about nine of them that they can kind of depend on.

They shouldn't have trouble holding.

Now, in a real wave election, some of those could be vulnerable, but they start with nine solid races.

The Republicans, on the other hand, start with 16.

So they have far more states that are up for election, but should be ones they should, races they should hold without really thinking about it.

That gets us to, and this is the real place we have decent, solid information, to start the election 45 to 45.

That's basically where we start 2022, where the Republicans and the Democrats notched up at 45 apiece, leaving 10 seats in the middle that will decide the Senate.

Now,

that will, it's a situation, as you probably know, Republicans would need to go 6-4 in those 10 races to get control of the Senate.

If they go 5-5, they lose because of Kamala Harris.

We're back in the same position we're in now.

What's the chance of 10-0?

Not likely, but not impossible.

Let me give you the leaners.

So we have leaners.

These are states that.

It rhymes with wieners.

It does rhyme with wieners.

Yes.

None of the candidates are Anthony Wiener, but it does rhyme with Wieners.

Trying to keep that six-plus audience with us.

Exactly.

So Lieners, you think of them as, you know, I don't know, if there was a gun to your head right now,

you'd make a choice.

However,

you know, it's too early to know.

Anything can happen.

So Lieners won for the Democrats, only one Liener in Colorado, where they're favored, but not necessarily a runaway.

For the Republicans, there's four.

I have four in the leaners category.

That would be Georgia, Missouri, Florida, and Ohio.

So Georgia, as you mentioned, is a big one.

Raphael Warnock

is the senator there.

He won in a fluky election in a very weird time in our country.

He is a radical for Georgia.

And

in an environment like this, where the Republicans have the climate in their favor, they should be able to bring that seat back to the Republican side.

Correct.

As you mentioned, there's a little bit of a lead in early polls.

The candidate likely to be Herschel Walker, who we've had on the show.

We like Herschel Walker quite a bit.

He's great.

He's great.

He's also going to be targeted by the media like you've never seen before.

Because he's been open his whole life about all the problems that he has had, and he's had serious problems, but they are way well in his past.

He's a good guy.

Yeah, and we really liked him when he was here.

We don't know, however, how Herschel Walker is going to handle a candidacy like this and being the focus of all of the media scrutiny and all the hate.

I think he's going to do well.

I mean, he's dealt with this for a long time.

Yeah, he was a neighbor of mine and known in the neighborhood as a rock-solid guy.

His wife is rock-solid as well.

I mean, I really like them.

But they are going to go after him.

And this is where the quality of the individual candidate comes in.

If Herschel Walker is a really good candidate and turns out really well,

they should win this race.

If he has problems, if an attack happens, if they start leaking false information and he's not unable to leave the city, he leaves a laptop in Delaware.

That can happen at any moment.

So that is a race that I think the Republicans are slight favorites in.

Then you've got Missouri, which is an open seat.

Florida's Marco Rubio.

I don't think he's going to have any problems there.

No.

Ohio is another interesting one.

It's really kind of like a five-way race in the primary.

You know,

who wins that race and is that specific candidate strong or a disaster?

We don't know yet.

I mean, it's way too early to know because the primary hasn't even been done yet.

But that's another one they'd be favored.

It's a state that's trended more red over the past few years.

So you have that.

So at the totals here, you have 49 Republicans, if you count leaners, and 46 Democrats.

So 49, 46, which leaves five toss-up races.

All right, let's go there in 60 seconds.

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10 seconds, station ID.

All right, so we have six candidates or five candidates left.

We have five toss-up braces, and it's 49.46.

Went through this in all the detail last night on Studios America as well.

We'll be doing that throughout the season.

we uh you know that's one of the things we do a lot of uh are these numbers

really good at it we got the uh electoral vote count exactly right last year yeah um so if somewhat infamous infamously because people did not look like they but i i'm willing to give you the bad news if there's bad news yeah so far here we go 49 senators to 46.

You've got a lead.

You need to pick off two of these five races.

The five states are Pennsylvania.

That's where Pat Toomey is retiring.

So a purple state.

The candidates matter quite a bit in that race.

Dr.

Oz is running as one of the candidates.

And is it McCormick?

I can't remember off the top of my head.

He's like a hedge fund guy

and has, you know, has a military background.

Is Oz

really a conservative?

We should get him on.

And McCormick or whoever.

Yeah, sure.

I mean, that's a big race.

So we can look into that as

we go forward.

That's a race, though, again, where if you put the wrong candidate in it, you could easily lose Pennsylvania.

Wisconsin, Ron Johnson, I think he'll win there.

He's doing a fabulous job.

You could say he's being aggressive right now.

Then you have Nevada as well.

That's Cortez Masto, a Democrat, trying to defend her seat.

Arizona, which is Kelly.

Remember, there's two races that went on at the same time.

This is the Kelly seat.

That one's coming up.

And then New Hampshire is Maggie Hassan.

You have a good Republican candidate

that

I'm not sure has announced yet.

I better check into that.

But I've had dinner with him,

and

he's,

at least to me, seemingly rock solid.

I should point out I've had dinner with none of the candidates.

Okay.

Just to be clear.

So these seats, I mean, you could very easily see a world in which Wisconsin and Arizona go to the Republican side out of these five.

I think that's really reasonable, which would get them to 51.

But again, think of the margins we're talking about.

I mean, Nevada has a sitting Democratic senator.

It's a toss-up seat.

Pennsylvania is an open seat.

Total toss-up.

New Hampshire has a sitting Democratic senator.

So you're going to have to pick off sitting Democrats to do it if you don't go through with,

and Arizona's a sitting Democrat as well.

Yes, extraordinarily difficult.

Really difficult here.

Not impossible.

And I would say the Republicans are a slight favorite.

But to put this into perspective, I think the feeling is, I talk to people all the time.

They're like, oh, Biden's doing such a terrible job.

Republicans should win this easily.

And, you know, the House, I would agree with that analysis.

The Republicans can blow it.

They can.

They're very good at this.

But they should be able in this climate to win the House relatively easily.

The Senate, just because of structure and details, is going to be a lot harder to do.

And you're not only going to have to win the seats

that are in your column already, you're going to have to win your leaners, and you're going to have to win about half the toss-ups to get this done.

And what makes me nervous is

in a very, I hate to keep going back to this, but in a very conservative state, Utah, that they are primaring Mike Lee

and that

Mitt Romney is very involved in,

you know, making sure that we're moderates

and

very involved in what's going on.

If they would primary Mitt Romney, if he had been up and they were primaring him and the Republicans stood up and went, no, he's more of a Democrat, I would feel much better.

But I'm not convinced that these Republicans

are

really

in for the real fight that America wants.

The Glenn Bach program.

All right.

Do you ever get the feeling like you should just get away from it all?

Just hopping in your car, dropping the pedal to the metal, and just taking off into the sunset?

Yeah, yeah.

Thought about that.

Thought about it.

I've been thinking about you doing that for a while, Chad.

I know you have.

If your car happens to be out of warranty, may not be such a hot idea.

You're apt to get about, you know, 100 miles down the road and

something in your engine.

Have you ever had this happen?

I have.

Something in your engine falls out.

You don't know what it is, but you look in your rearview mirror and you're like,

lost something in the car.

I wonder if I can make it home.

Anyway, most people would pull over.

I'm just like,

is it still working?

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Last day, The Alamo.

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This is the last day for the promo code The Alamo.

We are.

Oh, I know why.

You're going out of business.

The whole company's going out of business, isn't it?

So this is the last day you can save because tomorrow, it's gone.

It's all gone.

Is that what it is?

Yeah, I think so.

I think you're talking about CNN Plus.

Oh, that's right.

It's CNN Plus.

I think that's what you're right.

Anyway, we really need your support.

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right now.

And today is the last day you can do that.

So, speaking of CNN Plus, which

on day two,

they

gave a 50%

cut on the rate.

That means day one went so well that they didn't have to charge as much anymore.

Is that what it is?

I have been speculating in my own head how few people actually subscribed, and I'll bet you it was under 30,000.

Yeah.

Oh, I bet it was way under 30.

Do you?

I think so.

Think of the global reach.

I'll bet it was between one and five.

One and five thousand.

five people

because I think you're right.

This is the type of organization they put a

fortune into this.

I mean, they have so many employees.

They're already talking about laying off employees.

I'd love to do an interview on that with Brian Stelter.

Why?

Why particularly Brian?

Because I do remember you've been interviewed by Brian Stelter before.

Well, what I'd like to do is invite him on to talk about something very important

that I know he's really interested in sure uh and then

right at the point where you're making the point i would say brian isn't your company collapsing right aren't you about to go out of business it's weird why would you say that i don't know yeah how do you think he'd react to something like that do you think he might just stand up no turn around and walk out of too much of a fat lump to do that standing is hard so yesterday uh yesterday, they had this

big,

I don't even know, conference where they brought in all of the liars and they set them on a stage and they said, we want to talk about misinformation and disinformation and malinformation and how it's destroying our democracy.

So the guy I pick right away is the fat lump from CNN.

And

he was asked a question about Disney.

and he said, you know, the theme, the talking point of the right about protecting kids from the dangers of the Walt Disney company, it's really, Disney is just a stand-in.

It's a symbol for something bigger, a conservative backlash to growing acceptance of gay and transgender people.

Oh my gosh.

You couldn't be more wrong if you try.

And I think he tries to be wrong.

Again, the bill they're talking about would also prohibit you talking about straight sexual encounters.

How it could possibly be about being gay when it also would prohibit straight conversations makes no sense.

It is truly about, because I looked up the definition today from the Justice Department and

the American Bar Association.

It is grooming.

It is technically grooming.

Yeah,

this is that big debate right now of whether you use that term.

I think, you know, look it up.

I thought who really made a good explanation of this was

James Lindsey the other day.

And one of the things he mentioned was: people keep saying grooming, like, look, I think Chris Hayes is wrong on basically every issue on MSNBC.

I'm sure we would agree on nothing.

Do I think he's trying to molest children?

No, I don't.

But that's not the definition of grooming.

Right.

That is one definition.

Like, Jeffrey Epstein, yes, he would be called a groomer.

Now, again, wasn't gay, had nothing to do with being gay.

No.

He was not the groomer.

Yeah, the

Gladwell, whatever her name was.

Jelaine Maxwell.

Yeah, Maxwell.

Well, again, they worked together on that.

No, I know that, but she was doing the grooming.

He was doing the molesting.

Yes, I think

some of the stories, like, you know, they both imported a young teenage painter to their house and kept the

there are cases where Epstein, I would definitely put him in this category as well.

But again, like, you jump to that.

What James Lindsay said on the show is that like, think of grooming as for a cult, for example.

Yeah.

You're trying to

look at the craziness we're talking about.

Men are women and women are men, right?

Like these basic facts that everyone understands, you're trying to convince people to question a foundational truth that they all know.

That is the type of activity cults do all the time.

Right.

But here's the other part that cults do.

They also separate you mainly from your family.

They start separating you and making sure that they are between you and mom and dad or you and the family.

And anyone who comes up against it, they are discredited and they're an enemy of the cult.

Yeah.

That's what this is.

Yeah.

I mean, listen to some of the people who have left, you know, Scientology who believe they've been groomed into that lifestyle.

You know, the, I can't think of her name, the lady that was on King of Queens.

I mean, listen to her talk about it.

This is exactly the stuff she's talking about.

She's not talking about

the grooming stuff like Jeffrey Epstein.

It's a totally different thing.

Pat Gray joins us from Pat Gray Unleashed, the podcast you can get anywhere.

At the Disinformation and the Erosion of Democracy Conference, a University of Chicago freshman stood up and said, I've got a question for Brian Stelter.

My name is Christopher Phillips.

I'm a first year at the college.

My question is for Mr.

Stelter.

You've all spoken extensively about Fox News being a purveyor disinformation, but CNN is right up there with them.

They pushed the Russian collusion hoax, they pushed the Jussie Smollett hoax, they smeared Justice Kavanaugh as a rapist, and they also smeared Nick Salmon as a white supremacist.

And yes, they dismissed the Hunter Biden laptop affair as pure Russian disinformation.

All true.

With mainstream corporate journalists becoming little more than apologists and cheerleaders for the regime, is it time to finally declare that the

canon of journalistic ethics is dead or no longer operative?

All the mistakes of the mainstream media and CNN in particular seem to magically all go in one direction.

Are we expected to believe that this is all just some sort of random coincidence or is there something else going on?

I don't listen to this answer.

Too bad.

It's time for lunch.

You have 30 seconds.

No, Fanny, there's a clock that says 30 seconds.

But I think my honest answer to you, and I'll come over and talk in more detail after this.

No, please, no thanks.

Is that I think you're describing a different channel than the one that I watch.

But I understand that that is a popular right-wing narrative about CNN.

I think it's important when we're talking about shared reality and democracy.

All of these networks, all these news outlets have to defend democracy.

And when they screw up, admit it.

But when Benjamin Hall, the Fox correspondent, was wounded in Ukraine.

Stop, stop.

But he refused to admit it.

He said basically those things didn't happen.

That's just a narrative.

All of those things are easily verifiable.

You know, you just have to admit it, but he's part of the disinformation, and yet he's the expert trying to point to the disinformation.

We're in an upside-down world.

Let me give you one more college student that went after Ann Applebaum.

Listen to this.

So in 2020, he wrote, those who live outside the Fox News bubble do not, of course, need to learn any of the stuff about Hunter Biden, referring to his laptop, of course.

A poll later after that found that if voters knew about the content of the laptop, 16% of Joe Biden voters would have acted differently.

Now, of course, we know a few weeks ago the New York Times confirmed that the content is real.

Do you think the media acted inappropriately when they instantly dismissed Hunter Biden's laptop as Russian disinformation?

What can we learn from that in ensuring that what we label as disinformation is truly disinformation and not reality?

My problem with Hunter Biden's laptop is, I think, totally irrelevant.

I mean, it's not whether it's disinformation or, I mean, I don't think the Hunter Biden's business relationships have anything to do with who should be president of the United States.

Oh, my gosh.

I didn't find it to be interesting.

You didn't find it to be interesting.

That would be my problem with that as a major nation.

Okay, stop.

This is

this, too, is incredible.

She's from the Atlantic, and so that's why she talks like this.

But she finds it not interesting.

Here are the headlines that she has written lately.

Tucker Carlson is stirring up hatred of America.

The My Pillow Guy could really destroy democracy.

Laura Ingram's descent into despair, that she finds interesting.

But the relationships that are providing money to the current president.

Not interesting.

Not interesting.

You know, if it was Donald Jr.

Oh, she'd find it very interesting.

Would she, though?

I don't know.

Really?

Yeah.

If he's making millions from a foreign country

and has written emails that like like a 10th or 50% of it goes to the big guy, his dad.

Yeah.

I don't think so.

I will tell you

that I can, I know, I would lay,

I bet my house and everything I have on the two of you, but I don't know if I can say that about most of the media on the right or the left, that if this were reversed, we'd cover it.

We would cover it.

No, cover.

And I'd call for the impeachment of the president.

I think we've proven that.

I think we have to.

I I think we have to.

It's very interesting.

And it's fascinating to me that they are continuing the lie.

It shows they haven't learned anything.

They're not interested in learning anything.

They have decided what the role of the media is.

And the role of the media is to protect the Democratic Party.

That's it.

And now they are taking the step further and they are openly

saying

anything that disagrees with us up on this stage is disinformation and a threat to democracy.

That should scare the hell out of people.

Now, what's really good,

the college students that were there.

Yeah.

And the fact that we're not a democracy, that's also really good.

Yeah.

So we don't have to worry about democracy marketing against it so often.

All right.

Thank you, Pat.

Pat Gray from Pat Gray Unleashed.

These days, when just about every major corporation out there is falling all over themselves to

virtue signal to the woke community and to ESGs,

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These people, the Patriot Mobile was started by veterans

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They're really, really good.

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These guys are not only putting their money into it, but they are actually out in our communities as well.

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this is the glenn back program

welcome to the glenn beck program

you know when you see the uh the news coming out and saying oh you know i guess uh hunter biden laptop is real what they're really saying is uh we know an indictment is coming down and we're not going to be able to deny it, so we better inform our people about it and start talking about it.

Admit that we denied it and we were wrong on the 24th paragraph of the story

instead of leading with a mistake.

But they are still now

playing defense for Joe Biden because they're all saying it had nothing to do with Joe Biden.

That is

empirically untrue.

The witnesses

and the

emails make that very, very clear.

This is a standard tactic, though.

You keep drawing the line.

You know, they did this with the Cuomos, right?

It was nobody.

Then it was only Andrew Cuomo.

It was just him.

He's the bad guy.

He's the bad Cuomo.

Until we saw what Chris Cuomo did.

You know, it takes time to go through this process.

These are crime families.

They really are.

I had Miranda Devine on for the podcast.

It came out last night.

It's episode 141, Hunter Biden's Laptop from Hell.

She is a New York Post reporter and columnist.

I like talking to her because she was very clinical.

She just wrote the Laptop from Hell, and it is a disgusting book.

It really is.

The podcast begins where I don't think anybody else is beginning.

I start at Hunter Biden, three years old.

What happened to him?

When did he turn into this guy?

And you'll learn things about this family that will disgust you, just disgust you.

This

charade of lunchbox Joe, this charade of a good dad, is just that and loving family?

I don't think so.

Now, why does that matter?

Because the reason why this family is so dysfunctional is because Joe Biden set it up as a family, a crime family.

And you will see it all and hear it all.

Episode 141, it comes out for the general public tomorrow on my podcast.

You can get it wherever you get your podcasts.

Hunter Biden's Laptop from Hell.

Will it be the end of Joe Biden?

I think the answer is pretty darn clear.

Tomorrow's podcast or available now at blazetv.com/slash slash glenn.

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Got no room to compromise.

We gotta stand together if the corner survives.

Stand up straight and hold the line.

It's a new day of time to rise.

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

This is the Glenbeck Program.

Hello, America, and welcome to the Glen Beck Program.

I've got some good news for you.

First of all, thank you for making the great reset.

Now in its 10th week, the number one selling book this last week in America.

Of course, we're 15th, I think, is it 14 or 15 this week of the New York Times.

Number one

on

SoundScan or Book Scan and number one, you know, Wall Street Journal, USA Today, but 15 of the New York Times.

But thank you not only for buying it, reading it, and then thank you for getting involved.

I have an update on the number of states that are now involved in anti-ESG legislation.

Maybe your state is being left behind, but there's some really good news on that.

And a big part of the great reset and modern monetary theory will be digital currency.

I want to talk to you about what's happening in Congress to stop it in 60 seconds.

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We have Congressman Patrick McHenry on with us.

He is from North Carolina,

and he's going to give us the update on the Federal Reserve and digital currency and what's really happening.

Congressman, how are you, sir?

Great to be with you, Glenn.

Thanks for the time.

You bet.

So, you know, this is really a weird topic in America because people either deny that this could happen

or they

say things like, we already have a digital currency.

I never use cash.

A,

can you verify that this is the direction of the treasury and the Fed?

And B, explain the difference between

a Fed coin, if you will, and

us just having a debit card.

Well, Glenn, you're the best educator on a broad array of subjects here.

But so let's start with the basics of what is a digital currency or a digital asset.

So let's think of the Internet first.

The first iteration of the web was, in essence, a reading mechanism.

So you see,

you know, you pull up the

information on Glenn Beck, it says the program's at this time, right?

That's it.

That's web one.

Web two is read and write.

So let's think of this as, let's say, Facebook or Twitter.

So you have a corporation that creates the venue, and then we are able to communicate through that venue, and the benefit accrues to that corporation because

they own the code, and they own the operations, and they monetize our actions on Web 2.

There are a number of problems with this, and we've addressed that in terms of speech bias and everything else that needs to be addressed.

Web 3 is around digital assets.

And that means that our interactions,

we can actually have a stake in our interactions.

And the bytes and bits that we're exchanging via the web, we can actually have a money, if you will, connected with that movement of

code.

And so

Web 3

can cure a number of the ills of Web 2.

And it's born out of Bitcoin and a distributed ledger technology that we call a blockchain.

And the way to open the door within a blockchain technology is a cryptocurrency.

So you could call it Bitcoin is probably the best example for us.

That key opens the door.

Just like when you go home, you own your house.

But the key is the representation that you actually own your house.

You can grant other people keys, but that doesn't tell them that they own it.

Digital keys have a special set of capacity.

That is born out of technology in a distributed open ledger.

Anyone can participate in Bitcoin.

You can get in, you can get out, it's on the ledger, and it's public information that you've purchased or sold a quantity of Bitcoin, and that is in the ledger.

Those exchanges are open.

Now, what we're talking about with the Federal Reserve and with digital U.S.

dollars is a very different concept.

Most of our money that we exchange is digital right now

and banks to banks do that.

They don't actually move physical currency like they did 50 years ago.

And that means that they can, through the relationship of the Federal Reserve, on a ledger, if you will, a spreadsheet, if you will,

exchange value between institutions and therefore our accounts within those institutions.

What the Federal Reserve is contemplating is something that looks much more like that open ledger of some sort

and our money, our U.S.

dollar would be a representation on that open ledger.

Well that's fine, well and good.

except there are a number of civil liberties concerns when you have the government in the midst of your technology exchange.

And those civil liberties concerns we have to address if we're going to have

a blockchain-enabled U.S.

dollar

or U.S.

dollar or Federal Reserve-backed digital asset.

So they are not, from everything I've read, they are not really interested in the blockchain part of it.

They, I mean,

look, I'm talking to Congressman Patrick McHenry

on good authority, as several Congressmen have said, if the Republicans take the House, he'll be the next chairman of financial services.

So you know this stuff inside and out.

You know, they're talking about a programmable

currency which would fit right into modern monetary theory, which is what we're doing now.

Print, print, print, as long as you can control labor, production, and spending down to the smallest level.

Yes.

And so when you have this technology that's freely available and it's open,

an open technology, that is very different than a closed-off system that the government runs.

So yes, the Federal Reserve and the Treasury are contemplating, and they've already put out white papers, about how they would design a central bank digital currency.

What the left likes about this is that you could have an account with the Federal Reserve.

That means instead of your bank account and the traditional system of lending in this country,

which is almost entirely a private sector endeavor, this would give the government much more control.

The hope for the left is that they can effectuate their left-wing

beliefs through the financial system and most explicitly if the government is in direct power of lending.

This is precisely what the Chinese are contemplating with their digital yuan.

They want to know

that

you and I,

I purchase lunch and

Glenn sends me $15

to pay for his share of whatever we had.

Well, the government

would be able to track that.

And what the Chinese want, if you have a digital currency,

the government would be able to

track that.

And what the Chinese want is precisely that information.

Precisely your movement information

of data and the value exchange between people.

What our concern is here in the United States is that we, in our constitutional order, the government is not entitled to that type of information.

And in our Constitution, the power of currency is not explicitly reserved to governments.

But when the government engages in that type of creation in our monetary system, our Constitution contemplates that Congress has to authorize that.

And the Federal Reserve has admitted this and said

no, Congress would have to legislate if we're going to have a central bank digital currency or a Federal Reserve-backed digital currency.

And so I think it's important that Congress be involved in this and be the driving force if we're even going to contemplate something like what the Chinese are contemplating.

Why wouldn't we just let the private market work this out?

Bitcoin,

one of the reasons it has such fluctuation is because the government keeps spooking everybody.

Why wouldn't we just say, all right, there's coins out there available and they're not being tracked and

it's an easy way for people to do this.

Why don't we get out of that business?

Well,

because it's the federal government.

And

right?

I mean,

you look at it and you're like, why did the bear bite someone?

Right.

It's a bear.

It's a bear.

Yeah, okay, yeah.

So they want control.

And when they see movement in the private sector, they want to first have the data of what the exchange was.

And then once they have the data, this is kind of axiomatic that Reagan exemplified this best.

So then they want to regulate it.

Then they want to regulate it so much so that they have to subsidize it.

And then they want it to be a federal property.

So look at what they've done with student loans, what the left has done with student loans, and they've foisted a generation with greater debt because of a government program.

So here, they want to be able to control this vital lever of governmental power, which is the power over currency and the value of currency.

You've explained this very well about inflation and how nefarious inflation is.

The government wants greater control of of the money supply.

And that is a motivation of government since the beginning of time.

And if you can determine the value of a thing, it is this enormous power over all these other issues in society.

The odds of

Congress approving this in a non-emergency

low.

The odds of Congress approving this in an emergency.

Well,

frighteningly high.

Yeah.

So you think of the emergency they had around the traffic jam in their capital in Canada.

Yep.

Because people parked their vehicles and inconvenienced a city.

And therefore, the government of Canada

took and seized people's bank accounts because they were inconveniencing people

in creating a massive traffic event in a city.

So what we have to do is ward against the federal government here in the United States doing something as insane as what the Canadians do.

And I'm going to work very hard to make sure that our regulators don't have any of those powers to seize people's bank accounts or to stop the flow of money around people's political decisions and political debate.

This sounds like a guy who has got to be fighting against ESG.

For sure.

And what we have to do is have a counterpoint to liberal money and the progressive agenda that is driving the pension funds, that's driving the the investment in companies, driving the valuation of companies.

And if we don't have a conservative counterpoint to the insanity of ESG,

we are going to be in a worse off a dramatically worse position, and we're going to allow the rest of the count the globe catch up to us economically because of our stupidity.

What we should not do is incorporate the German

energy policy to the United States, which is expressly what the Biden administration is doing.

Have we ever met, Patrick?

Because

you're like a brother from another mother here.

I've been listening to you for years.

Wow, wow.

So inspiration for sure, and I'm grateful for it and grateful for the education you provide.

Wow, thank you very much.

Well, anything I can do, you are on the right track and I don't think there is anything more important

in this next election than dismantling this,

I don't even know what you would call it, racketeering or

mob tactics to our financial services through ESG.

It is the end of us just as much as modern monetary theory will be the end of us.

And strangely, they're connected.

They are.

Absolutely.

Thank you so much.

Anything we can do to help you, let us know.

Thank you.

Thank you, Glenn.

Great to be with you.

You bet.

That's Congressman Patrick McHenry, who, if

the Republicans take the House, he would be the chairman of financial services.

And after talking to him, I like that a lot.

All right, Tuttle Twins.

We were just talking about education on things, and too many people,

I mean, the Fed gets away with these things, and the government gets away with these things because people don't understand basic items, basic principles.

And honestly, that's by design.

Our education system

by design.

I mean, it's run by the government.

Anyway,

I've got a lot to say about that.

Anyway, right now, Tuttle Twins,

I have urged the publishers to please give the Tuttle Twins and the Creature from Jekyll Island away for free because I think this is every parent, grandparent needs to read this, and every family needs to understand what's happening right now.

The Creature from Jekyll Island, that's actually a very well-known

expose of the Fed and how it was started.

It was actually started at a place called Jekyll Island.

So appropriate.

In secret.

And this book explains the Fed, how it was created,

what causes inflation.

What does the value of your dollar even mean?

If

we're going into unprecedented times, I want you to read this book, Tuttle Twins, The Tuttle Twins and the Creature from Jekyll Island.

You will get it for free.

You just pay for shipping.

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It's one in the series, but you'll get this one for free.

Nothing else.

Just pay for shipping.

Tuttle Twins and the Creature from Jekyll Island.

Tuttle TwinsBeck.com.

10 seconds, station ID.

So later on in the program,

we need to talk about what has happened with our intelligence community that came out yesterday.

Do we happen to have the audio of the AP reporter at the Pentagon?

It's too long here.

Okay, we'll play it in a little while.

Play a little bit of it, just so we can hear a bit.

Thanks.

Okay, well, that's quite a mouthful there.

So you said actions such as these suggest otherwise, suggest, meaning that they suggest they're not interested in talks and they're going to go ahead with some kind of a what action are you talking about?

One, the actions I've just pointed to.

What action?

The fact that Russia continues to engage in disinformation campaigns.

You made an allegation that they might do that.

Have they actually done it?

What we know, Matt, is what I have just said, that they have engaged in this activity.

This is an amazing thing.

I've got to play the whole thing later.

This is amazing.

The AP reporter knew, you're lying to us.

You're lying to us.

I know how this works.

If you were really telling us the truth, you would give us X, Y, and Z, and you'd show it to us.

But you don't have anything.

Well, we find out now that that one journalist actually doing the job of a journalist

was right.

The intelligence community has been releasing bogus information and planting it in our own press.

That's a real problem.

And I think that's against the law, isn't it?

Using propaganda.

Now, they're saying they're using it for Russia.

But this whole thing about chemical weapons, that they might use chemical weapons, we had no intel on that, or no verifiable intel.

What they did with the steel report is what they're now doing to us and to Russia.

The same people that were involved in the steel report and just taking gross information that has not been vetted at all.

You know,

they might use chemical weapons.

Write that down, put that in the report.

They're reporting it

because they want to stop Russia, just like they reported bogus information because they wanted to stop Donald Trump.

There is no difference and it's the same people.

And when Russia starts making false claims about chemical weapons, how do we maintain the high ground when we have already talked about how we didn't have that information and we accused them of it anyway?

This is so damning because nobody believes anything anymore, anyway.

How do our allies believe us if we know now that we're engaged in disinformation?

And how does the press have the balls to say that my opinion on what's happening is misinformation when they're funneling most likely knowingly misinformation from the Pentagon?

This is an unworkable system here, gang.

They just keep throwing tire irons into the spokes.

It cannot continue to roll very long.

We've got to fix the underlying problems, and that means a lot of people need to be fired.

The Glenn Back Program.

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this is the glenn beck program Welcome to Michael Malice, the author of the anarchist handbook, Dear Reader, the unauthorized autobiography of Kim Jong2

and the New Right, a journey to the fringe of American politics.

Co-author, strangely, of two New York Times bestsellers.

Who knew?

He could get on the New York Times.

I can't get on the New York Times.

I mean, not on the top 10.

Yeah, you're number one in sales, but number 15 on the New York Times list.

It's amazing how that works.

Welcome to Mr.

Michael Malice.

Hi, Michael.

How are you?

Good morning.

Sunday morning.

Yeah, yeah.

I've got several things to talk about.

First of all, I'd love to hear your opinion on the AP reporter that absolutely knew the Pentagon was lying when they were like, yeah, and Russia might be using chemical weapons.

And now we find out that our National Security Council and our intelligence are spreading misinformation.

They're using it, and they think it's a noble lie.

You know, we're just trying to stop Russia, trying to beat them to the punch.

So they are using disinformation on the American people and on the rest of the world.

That doesn't sound like a good idea.

It may have been a good idea maybe 20 years ago when you wouldn't have social media and other such mechanisms that can demonstrate things that aren't true and have them spread, you know, quite literally at the speed of light.

I think this is is just piss-poor strategy.

I think if you want to whip people into a frenzy against Russia and talk about the things the Russians are doing, anytime you add lies on top of that pile, it's just going to alienate people.

And there is a huge percentage of population, both from Democrats and from Republicans, that whoever the sitting president is, they're just going to immediately disbelieve anything they say on its face.

So to have like actual receipts that they're being deceptive is really crazy.

And also it just speaks to the why I'm hopeful about the future.

You know, the enemy class, which includes corporate journalists, these are not clever, sophisticated people.

They're not good at being manipulative.

They've just been at it for a hundred years and they're not in a position to change their strategy.

And that bodes well for all of us.

Yeah.

And I, you know, I was thinking, I was thought about you this morning when I was reading this article because I thought this is what the founders wanted us to feel like.

Not about journalists, and they were counting on journalists holding the line, but they wanted us.

I mean, George Washington talked about it, Thomas Jefferson talked about it all the time.

The government

should never be feared by the people.

The government should fear

the people rising up and the peoples holding them accountable and never trust the government.

And

we've trusted it for so so long.

And I think this is actually a good thing that we don't really trust them anymore.

Well, I don't know who he is here, sir, but you're speaking to an anarchist.

So we have never trusted the government.

I will also point out that you're that Jeffrey.

I'm a big Alexander Hamilton fan, but Jefferson was a good example of this because, Glenn, as you know, and which people find interesting, when Jefferson was in the cabinet, Washington's cabinet, he's leaking left and right to the press to make Washington look bad.

So he, in this case, put his money where his mouth is, and he he used the press as a mechanism to keep the government in check.

So this has been going on, this kind of backdoor collusion between the media and the federal government since, again, the Washington administration.

Always.

It always.

But, you know, the one thing we did have is we had a media that, I mean, when I was watching that video, it was about two months ago with the AP reporter.

sitting there and just not giving the Pentagon any room to breathe.

He's like, look,

so where's the evidence?

Because I know how this works.

You say something like that and you usually come out here and you'll show us declassify, but you're not doing that.

So you don't have any evidence.

No, of course we have evidence.

We're just not going to share with you.

Now we find out that they don't.

But there was only one guy in the press that did that.

I'll defend them broadly speaking in one sense.

I don't think any of us are privy to what kind of pressure the Pentagon and the state is capable of exerting on media outlets, what kind of phone calls they can make behind closed doors to make sure their story gets out.

I think they have a lot more leverage than any of us realize.

And that can manifest.

Well, not you, of course, but that can manifest in things like reporters being told, okay, we're not talking about this issue.

And what is that individual reporter working for a media conglomerate supposed to do?

No,

that media reporter

has what's called the internet and should go out and expose it.

That's what they should do.

Anybody at this point that looks at their job and says, I'm going to be quiet when I have information that is really critical to the survival of our country and our republic,

I don't,

I hold you responsible.

You should have said something.

It drives me nuts when these people leave, you know, years of service at the Pentagon or whatever, and then they come out a year later with a tell-all book.

Why didn't you say something when you were there?

Yeah, yeah, I mean, you're not going to have me defend them in the sense of saying that they're courageous people.

I'm just saying that it makes sense in many cases why they would make those decisions that they did.

So the New York Times or the Washington Post came out this week and said, Elon Musk

investing in Twitter, bad news for free speech.

I mean,

that is the upside-down world.

I was ecstatic because I think what is Elon Musk, I had this tweet that Elon Musk has done a better job of going on on offense than practically the entire conservative movement.

What's wonderful about this, and I don't think Elon particularly cares about free speech so much as being a counterpuncher like President Trump was in certain contexts.

For them, Twitter was their sacred space.

This was their temple.

This was their place to manage the conversation, to discuss the political issues.

And now you have this heretic, you know,

crossing the Rubicon saying, this is my house now.

And this is causing them before he's done one single thing.

The only thing he's teased is, do you guys want an edit button?

So the fact that he's in their house is causing them so much existential distress.

It's absolutely hilarious because the key is you have to go where the enemy class is and make them feel unsafe, make them feel that their forts are breached, because then they don't have that error of smugness and they're going to have that shrieking of fear correctly because they're not in charge anymore

what is different about elon musk than others i mean he is he has

is it his his

uh kind of i hate to say this because i hate thomas edison but is it his thomas edison kind of i'm just going to go out and do it uh that kind of that kind of american spirit that gives him a little protection from people talking about elon musk you're using edison should you use tesla yeah or tesla yeah yeah i guess Well, Tesla, Tesla kind of died broke.

So I think.

But you know, Tesla's another better example because Elon Musk is an immigrant.

Listen, I'm an immigrant as well.

And when you're born in another country, a lot of the things that Americans kind of take for granted and you absorb through osmosis, you're not going to.

kind of be raised in that context.

And I think Elon, and I'm being quite serious here, Elon's on the spectrum.

He's got Asperger's by his own admission.

When you have that kind of hyperlogical mindset, a lot of things that other people might kind of fall prey to, you're not, you're going to have more strength to stand up.

So, when he sees who is up against him and the smears and the lies, he's in a much better position, especially given his wealth and it's also his idiosyncratic personality, to fight back and realize: okay, these are not people making mistakes, these are people who, if they had their drothers, loved me yesterday and now want to put me out of business today.

You know, I will tell you that

everybody looks at Asperger's as

something horrible your kids would have.

However, However, it's actually

turning out, you know, if you can control it, it's like ADD.

If you can control it, it actually works out to be something

really good for the culture that we're in right now.

Yeah, there's certain great advantages people on the spectrum have that others don't.

So I think there's a big movement among people with autism to kind of humanize and be like, hey, we're not disabled.

We just think differently.

And I think there's a lot to that.

So

the Twitter thing with Elon Musk came out, what, April 5th is when they were first reporting on it.

That's when the Washington Post said it was a danger.

The 7th,

we get a story about the New York Times coming out and saying, you know,

you reporters here at the New York Times, you don't have to use Twitter

because we run the danger of, you know, an echo chamber if we're spending too much time, too much time.

They just thought of this, too much time on Twitter.

And there's a lot of really dangerous people on Twitter.

So you don't have to use it.

Are those disconnected?

Well, I don't think they're connected per se.

I think it speaks to when Taylor Lorenz, who's a, you know, one of the most malevolent New York Times reporters, she was

MSNBC, you know, crying about how mean people are in Twitter.

Notice the two contradictory statements, Glenn.

If it's an echo chamber, there's no nasty people.

If you're just talking to each other,

how are you getting all this hate?

So it's clearly it's not an echo chamber.

Then Twitter has demonstrated to corporate journalists how much hatred and contempt the average person correctly has for them.

I think what happened is, I'm sure, after that crying fit, there were phone calls behind the scenes to Twitter asking to crack down and make people treat journalists nicer.

They drew the line.

And as a result, the New York Times is somewhat retreating.

I'll take this with a grain of salt.

I think we all remember in 2016, after President Trump won, Dean Banquet, who's head of the New York Times, said, oh, we're going to do a better job of trying to accommodate more Americans.

Our reporting was way off.

And instead, they doubled, tripled, quadrupled down.

But I think this is a big retreat.

This is them.

We had four years of social media misinformation.

Journalists are being treated poorly when they're the heroes of our society.

And the more they're crapped on, instead of doubling down, now they're having to retreat.

So this is a victory that people should be very grateful for, even though it's a very small victory.

One last thing.

We've got about 90 seconds for this.

ESI Energy on Tuesday pleaded guilty to three counts of violations

in

their wind farms.

They are a big wind power developer.

And apparently, they pled guilty to the murder of golden eagles.

Apparently, the birds were killed by blunt force trauma after being, quote, struck by the wind turbine blades at its facilities in Wyoming or New Mexico.

And

they're paying $6.2 million in restitution, I guess, to the Eagles' families.

But this is just, to me, this is just another thing that shows environmentalists are never going to be happy with anything.

Anything.

Well, I'm a big endangered species person.

I've got 200 species of succulents in my house, and I just looked it up while we're talking.

The golden eagle is the most widely distributed species of eagle.

It's not endangered.

It's not even vulnerable near threatened.

It's least concerned.

So this seems to me to be completely nuts.

If this was some kind of bird where there's like 50 of them left, then I could understand the idea of, all right, we have to have draconian measures to kind of protect them.

But that is not the case with this species at all.

So this is just, you know, very bizarre.

But this isn't unusual.

Wind farms are known for just decimating bird populations.

And by the way, those of you who have cats that live outside, your cat's entire life is dedicated to killing those birds.

That's a thing.

They like murder birds all day.

It's their favorite thing.

I had a

hawk, I think, land in my backyard the other day.

And we were all watching.

We were having dinner.

And then we realized the reason why it landed is it was having dinner as well.

Yeah.

Yeah.

I mean,

it's a vicious way to die by Talon, but I don't have to worry about it.

Neither do you.

So let's move on with our lives.

Michael, thank you so much.

Always a pleasure.

You bet.

Michael Malice, you can follow him on Twitter.

But remember, it's just an echo chamber.

MichaelMalice.com is his website.

Back in just a minute.

All right, there is all kinds of news on the economy.

In fact,

let me give you something that I just saw this morning.

Rising mortgage rates cause more homeowners to sell at lower asking prices.

Also,

the Fed, Fed St.

Louis is saying that they want three, what are called 300 basis points in the next Fed meeting.

That means they want to raise the interest rate to 3.5%.

That'll mean that, because most of the loans now are starting to be around 4 or 5,

Your loan for a mortgage very soon, if the Fed in St.

Louis gets their way, would be 7% to 10%.

That's going to change things an awful lot.

If you need to sell your house, you need to sell it now.

Get the best real estate agent you can find, and that's realestateagentsitrust.com.

The name says it all.

They will help negotiate the best price in whatever market you're facing.

They will negotiate the best price for you.

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Stay informed.

Sign up for the free newsletter today at Glennbeck.com.

Lots of progress being made in the states on the issue of ESG.

Currently, there are now 28 states working on stopping some part of ESG.

That is up from 20 states just a few weeks ago.

Even more impressive, back then, many of the 20 states on the list weren't considering legislation, only action from the treasurer.

Today, all but one of the 28 states on our list are working on at least some kind of anti-ESG legislation.

Some states are working on full ESG bans, and those are the best bills, in my opinion.

Others have treasurers working on limiting ESG, but no bills planned.

And they are looking to stop the state from doing business with companies actively using ESG measurements.

to undermine key industries, agriculture, timber, fossil fuel-related industries, yada, yada, yada.

Most of the states are doing a little bit of everything.

States where legislators are working on full ESG bans this year or in 23, Arizona, Kansas, Louisiana, Minnesota, New Hampshire, the bill in New Hampshire is now in the Senate, Oklahoma, South Carolina, Utah, Wyoming.

We also have commitments from lawmakers in Idaho that, you know, maybe someday, maybe in 2030,

they actually say next year, we'll see.

I know there's a lot of good people in the Republican Party that are working for it, but some of the Republicans have sold out.

Florida, Indiana, Missouri, North Dakota has already passed it.

Tennessee, Texas already passed.

We're hoping for a full ESG ban next year.

West Virginia, Kentucky, it recently passed, but the governor, a Democrat, has vetoed that bill.

And we're expecting that they're going to try to override that veto, where they are trying to divest themselves from these funds.

The Glenn Back Program.

Carol Roth is joining us in just a second.

She is a former investment banker.

I've got so many questions for her.

First of all, the rising mortgage rates.

Should you buy a house?

Not buy a house?

I mean,

what do you do?

Lots of questions coming in to me every day.

Do I buy something?

And I'm like, I don't know.

Don't listen to me for investment advice.

I heard something on

when I was doing prepping stuff this morning that there is

that the market's showing the very first signs of cooling off.

Oh, yeah.

Is that accurate?

Yeah, you're starting to see housing prices go down.

The mortgage business, I think, has gone down 40% just in the last

two months.

I heard that people are now

taking less than their listed price for homes.

Is that true?

Can that happen?

Is that allowed?

No, it never goes down.

I thought it was supposed to only be 20% above ASCII.

Yeah, it never goes down.

And this really interesting thing from

the Federal Reserve from St.

Louis saying we need 3.5%

interest right now.

Got no room to compromise.

We gotta stand together if the corner survives.

Stand up straight and hold the line.

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

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

This is the Glenbeck program.

Hello America, welcome to the Glenbeck program.

It's Friday.

I want to take a last look at the economy for the week and your money in particular.

Carol Roth joins us in 60 seconds.

Right now, out there somewhere, there's a cyber criminal who needs your help.

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Carol Roth, a recovering investment baker and the author of The War on Small Business.

She has just released a new article.

You'll find it at theblaze.com.

Creative Ways

to Combat Inflation.

Carol, I went over that with the audience yesterday.

Really, really good and so much better than

Take the Bus and what do they say?

Eat

lentils.

Lentils.

Eat some lentils.

Yeah.

Thank you, Bloomberg, for that.

Go big on lentils.

So grab that article now at theblaze.com, Creative Ways to Help Combat Inflation.

She has some really good advice on what people should be doing right now to save.

Let me ask you about the mortgage situation.

I'm getting a ton of calls and emails from people that say,

should I buy, so should I buy a home or not buy a home?

Do you have any advice on that or any insight?

All right, so I'll give insight because we're not allowed to give financial advice.

This is the disclaimer.

This is not financial advice.

This is just information for you to research and to consider.

So there are a couple of things to think about.

This is, again, a rule of thumb.

For every

1%

that a mortgage rate goes up, you are going to add about 10% to the cost of your home over the time that you buy the home.

So, you know,

as you see it kind of tick up and tick up, you know, if you wait and you have to get a higher and higher mortgage rate, just keep in mind that, you know, that's going to add 10% on the back end, which you're not seeing up front when you pay it i also heard i was with neil cavuto earlier this week and he gave me a statistic that apparently the breaking point where it becomes unaffordable for people to buy homes

and we haven't seen this in a while so i just don't know how accurate it is today is 5.75 percent so apparently that's kind of what the industry thinks is the magic number.

There are a couple of competing things that we have going on right now.

We obviously have home prices that have been severely inflated because of the Federal Reserve's intervention in the market.

But we also have now a situation where our dollars are going to be worth less, so we need to have hard assets.

We also have a severe undersupply of homes in the market.

After the Great Recession financial crisis, that next decade, we were underbuilt by, you know, kind of four to five million homes.

So depending on who you ask, four to five plus million homes that we need in terms of the housing for individuals.

And we've obviously had a slowdown on immigration.

So we know the Biden administration is going to ramp that up again.

There's going to be more demand for housing.

So I would imagine that even if there is some pullback, you know, for some point in time, the fact that we have such undersupply and it's going to take so long to fill that in is going to at some point provide a level of support.

Not to mention, as we've talked about, Glenn, and we've written some articles at the Blaze about,

you've got these corporations who are flush with cash who are coming in and being buyers.

So you've got more buyers than just homeowners in the market.

That also provides some support for pricing at some point.

I really hate the expression.

Yeah, but this time it's different because it usually never is.

But this time

there is one additional element, and that is we don't have a glut of housing.

We actually have the opposite problem.

Now, let me ask you this, because the interest rates at the banks are already going up for your loans.

And

it's already up in the fours, in some places, close to five.

Over five, yes.

And

yet the banks are only paying 0.5%

interest for the loans, correct?

I don't know the exact amount that's sort of the national average now, but in terms of the spreads, obviously a rising interest rate environment is more favorable to banks.

And we have a situation where banks are flush with cash from what's been going on over the last couple of years.

So even if you have savings in your bank, they're not going to be paying you very much on that because they don't need to incentivize people to give them more money.

Right.

No, I'm asking about the way you curb inflation is the Fed charges the banks more money,

more interest for them to borrow money from the Fed to be able to lend it out.

So they're paying maybe 2%, you're paying 5%,

and they get to keep the 3%.

That 2% goes back to be burned, right?

Yeah, so

I don't have the specific kind of number on average of where banks are in terms of their capital to give you a really specific answer.

I can answer that next time.

But yes, that is sort of the spread.

That's how banks make money, right?

They take money at a lower rate, they put it out at a higher rate.

But you have to remember, too, they're also projecting into the future because they're locking in, in some cases, that rate for you for up to 30 years.

So they're kind of projecting it over time.

So I'm not bashing the banks for making profit.

Okay, that's fine.

What I'm questioning is, how does the Fed suck that money back in from banks that are flush with cash?

Okay, so basically what they have done,

well, really over the last 10 to 12 years, but then they accelerated over the last couple of years, is they have bought assets in the market.

So they went in, they bought two different asset classes.

They bought treasury securities and they bought mortgage-backed securities.

And they're sitting with $9 trillion of those.

The Fed, $9 trillion worth of those on their balance sheet, which by the way, as we've talked about before, they bought that with money they created out of nowhere.

When we do that, we create money out of nowhere and go buy things.

It's fraud.

When the Fed does it, it's monetary policy.

So they created money, which is what is driving up the price of everything, because it's not productive assets.

They just added more to the money supply and they went out into the market and they bought all of these assets.

Now, in addition to raising the interest rate, the other thing that you've heard out of the Fed from their minutes this week week is quantitative tightening.

They're going to let that balance sheet run off either with direct sales or just by letting those assets mature and not reinvesting the money.

And that's what changes the dynamic of getting the money out of the market.

Okay, but you can't just, if you bought Treasury bills, you can let it expire, but that means the government has to sell that someplace.

And right now, the Treasury is is not having to really pay interest to the Federal Reserve because it's illegal.

So those are almost interest-free loans

for our debt.

The rub is

when they take back in any profit off their securities, they actually have to give it by law back to the Treasury.

Right.

So we're getting, we are actually getting free loans, but that ride is going to come to an end.

And

in high inflation, I mean, you're looking at,

I mean, if they can't sell those treasuries and you can't pay the interest rate, then you are technically in default.

Yeah, as I said, there's sort of two different strategies they have.

They either let them mature and then they just run off the balance sheet, you know, because they have them at different maturities.

So they don't actually sell them into the market.

And then the secondary strategy is actually selling them back into the market.

But going back to bonds, which is super complicated, it goes back to the differential between yields and the bond prices.

So when you, you know, they trade on an inverse basis, and that's why you're seeing the yields increase.

Okay, so let's get out of the yield talk.

Let me just ask one more question on this.

How possible do you think it is

that,

I mean, the government pensions already have to buy buy railroad, U.S.

Postal Service, U.S.

military, et cetera, et cetera.

They have a requirement that those pensions hold 20%

in treasuries.

It's a great way to force people to buy your treasuries.

Now, that's government workers, so whatever.

How likely is it that when we run out of people who want to buy our bonds and our debt, that they just go to a couple of things?

They go and say, you're not going to get the federal insurance on this unless you buy and balance U.S.

treasuries with it.

You buy some of the debt.

And also the same kind of thing is with Uncle Sam and ESG.

You won't be able to get insurance unless you buy these certain things.

I mean, it's a possibility, but look at what they just did during COVID.

There were no international buyers.

There were no domestic buyers to stand by and buy trillions of dollars worth of bonds to cover the spending that we did for quote unquote COVID relief.

And that's why the Fed bought it.

I mean, it was basically the monetization of the debt.

And obviously, that's part of what caused inflation.

The thought process is that as they raise interest rates, start to just decrease the balance sheet, they hit a wall, they can't do it anymore, and they reverse course.

And we've seen this happen over and over again over the last 12 years where, oh, we're going to shrink the balance sheet.

The market kind of freaks out.

The Congress has their spending plans and they change course.

So the reality is, in terms of the cycle, that there's some point in which they probably end up changing and going back and buying more assets again.

Let me, let me, let me,

one more question on the interest rates.

The St.

Louis Federal Reserve leader has come out and said we need to raise interest rates immediately by three points.

That would bring us to 3.5 at the bank level.

How does the Fed work?

Does the St.

Louis Fed guy have much say?

What does that mean?

Well, we've been hearing from a number of people at the Fed, including who's considered to be the most dovish or the one who's in most favor of a lot of support and stimulus, Lyle Brainerd, who's up for vice chair of the Fed.

And we've been hearing pretty much sheer panic out of them, which is not really comforting for the market.

And it is so frustrating.

You should be so angry about this because they had so many opportunities where they could start to raise interest rates, or they could have pulled back the buying program, which as we talked about has the same impact in terms of rates.

They were buying securities up until last month.

So they could have stopped this a long time ago.

They could have had a nice slow trajectory, you know, 25 basis points here, 25 basis points there.

They could have put us on a normalization path.

Back in June of 2020, the market reached all-time highs.

So, this was not something, in my opinion, that was necessary.

And, you know, they just sort of didn't let a crisis go to waste.

And now, the same people who created this situation, who didn't know there was going to be inflation, who didn't realize all these things are going to happen, are now promising they know exactly what to do to save us from this economic catastrophe or recession or whatever it is.

And the idea that you can just all of a sudden start to run off the securities in a major fashion or to jolt rates and that's not going to have major

repercussions across the economy is absolutely insane.

Okay.

So I have a piece of good news that I want to run by you because I've seen this more than once and

I would love to get your opinion on this.

We'll return in 60 seconds with Carol Roth.

But there's a couple of stories out now that says, you know, this is going to peak.

This is going to peak, you know, in March.

You know, I've been hearing that.

They think we're at the worst of it, right?

Yeah.

But they've been telling us that for a while.

I know.

That's why I want to hear from Carol, see what she thinks.

Look, one of the things that you should do,

because this

whether it peaks this time and then gets better for a little while and we're right back to the edge, I don't know.

But I will tell you this.

Your dollar is losing value and it will continue to lose value until it has no value.

And they will change out to some other coin.

In the history of the world, when the world goes insane, they always return to gold and silver.

They return to things that have intrinsic value.

That's what you're seeing with Russia and with China.

They're going back on gold and oil as their standard.

We're not doing that.

I don't know exactly what we're basing anything on, but you can do this with your family.

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10 seconds, station ID.

Okay.

Carol, I am reading stories now.

I don't know, you know, this is from UBS.

This is from Fortune magazine today.

UBS predicts inflation will peak in March as the consumer price index continues to rise.

So,

what's happening?

So,

basically, nobody has a crystal ball, but let's just assume things kind of continue on the trajectory that they're continuing.

At some point,

you know, when you go up against a high inflation number and inflation continues to increase on a percentage basis, it's a lower percentage growth.

So, it doesn't mean that we've stopped inflation altogether.

It doesn't mean that we don't still have high inflation.

It just means that growth number has sort of reached the highest level that we're going to see.

That's not necessarily great news.

I mean, if we get to, you know, 10%, 12%, you know, whatever they're showing on the CPI, which we know is undercounting a whole number of things,

and then you return back to seven, you know, it peaked at 13, but now it's seven.

That's still not great.

And it's still on top of all of those increases that we have accumulated.

We're not going back there.

And if our wages aren't keeping pace, that means that your dollar is continually worth less.

So, you know, obviously it's better than the idea of hyperinflation that, you know, just completely destroys the economy, which I don't think we're anywhere near at this point.

But it doesn't mean that we're not going to continue to see elevated inflation numbers.

And we have so many structural supply-demand imbalances.

We talked in the previous segment about the undersupply of housing.

Just look at the labor force.

The last number is showing about 1.8 jobs available for every worker who's out there.

And so we don't have enough people to fill jobs, which means they're going to demand higher wages, which means that the businesses are going to pass those costs on to consumers.

Consumers are going to have a higher cost and say, I need higher wages.

And you end up in some sort of a wage price spiral.

So, between commodities, between

jobs, and between housing, there are some really structural supply-demand imbalances that could keep inflation at elevated levels.

Well, Walmart just said they started a 12-week program here in Texas and in Delaware where they are training people to be truck drivers.

They'll pay for the earning of the license and the training, which is $4,000 to $5,000.

Plus, the average truck driver for Walmart was getting $87,000 in their first year.

Now Walmart is paying between $95,000 and $110,000 in your first year of driving a truck for Walmart.

That's going to increase the price of everything at Walmart.

It is, and it's going to also further consolidate the economy because Walmart's able to do this.

I've seen similar articles around small business trucking companies who have locked in rates and are not able to pass on increased costs, whether it's fuel or the costs of labor, you know, to their customers.

So, guess what's going to end up happening?

We're going to have more with Walmart and more with Amazon and fewer small business truckers out there.

Carol, thank you so much.

God bless you.

Thanks for all your hard work and your article now at the Blaze, Get It Now, Creative Ways to Combat Inflation.

She is right on target and she is talking about the things that make sense, not the things from Wall Street or the people that look down on us from Wall Street and think, you know, just take the bus.

It's at Blaze TV and Blaze.com.

All right, tunnel to tower.

Sometimes we need to

defend our defenders.

You know, there are people that defend our country and defend our life.

Did you see what's happening in Seattle?

It is remarkable what's happening in Seattle.

People are like, I'm getting out of here

because it is

so crime-ridden now, and nobody seems to want to be doing it.

And the cops, God bless the ones that are still there, huh?

Sometimes those cops

are wounded.

Sometimes the fire department has somebody who falls or is severely injured in fighting a fire.

And of course, we know about our military.

Let's support them.

Let's take care of our heroes and their families.

When a first responder or military service member doesn't come home and young children are left behind, the Tunnel to Towers Foundation is there to lift that financial burden.

They have several things that they're doing.

I just want you to check them out.

And if you will, just get on a program $11 a month to help them with this really honorable mission at tthenumber2t.org.

T2T.org.

And it's blazetv.com/slash Glenn, the promo code thealamo.

You can save 20 bucks off your subscription to Blaze TV.

I want to introduce you to Chris Stewart.

The last time he was on the program, he was talking to us about some legislation that would prevent intelligence agencies from spying on the American citizens.

I think we already have laws where the government cannot present propaganda to the American people, but I think that's kind of what they're doing right now.

The story out today is the U.S.

is using intelligence to fight an info war with Russia.

Even when the intelligence is like, nah,

I mean,

I've heard Donald Trump, you know, was in bed with hookers.

It's the same people and the same routine.

This is getting extraordinarily dangerous.

Representative Chris Stewart is with us now.

Congressman, how are you, sir?

Good to be with you, sir.

Thanks for the opportunity to talk to you again.

Okay, so you are

you're on are you on the Intel Committee?

Or can you even tell me that?

Yeah.

Are you on

the Armed Services Committee?

No, I'm on appropriations as well, but that, of course, is where we fund all of the intelligence and

national security.

Okay, so but you you hold a

you hold actually world records in flying.

You've you I think you were a colonel or maybe a sergeant or something.

You've been following this for a very, very long time from both a service member and

a congressman.

When is the last time

we saw an administration use intelligence, with the exception of Donald Trump's impeachment, use

intelligence that had not been vetted and presented it to the press as facts

to run a disinformation campaign?

Well, we've seen that multiple times.

Let me give you two, and I'll bet they're the two that you're thinking of.

And they're the two have been, I think, the most damaging events we've seen out of intelligence or any national security apparatus in my lifetime.

The first, you go back to the first Gulf War, where we used intelligence, which was,

in hindsight, not just mistaken, but absolutely wrong.

We used intelligence to justify and to push a policy that President Bush had already decided he was going to do.

And that was, we're going to find weapons of mass destruction or mass destruction in Iraq.

Therefore, we have to invade to preclude their use.

And it turned out that wasn't true.

There's no question.

And I think more recently, and I think even more damaging, was when we had supposed intelligence regarding Russian collusion with President Trump.

And that

illusion didn't continue for several months.

As everyone on his program listening knows, that went on for years.

And in

cooperation with

the mainstream media, absolutely it led to the near destruction of a president that the intelligence and some other officials thought he just shouldn't be.

So when you said that, Glenn, I do think that

I do think there are

some examples recently where we've used intelligence as it should be used.

You can use it to manipulate and control the battlefield.

You can use intelligence to shape how the battle is being perceived in the world.

And I actually think there's been a couple of good examples of that in the last seven weeks.

Okay, give it to me.

Well, for example, the intelligence was actually right when we said

Vladimir Putin is going to invade Ukraine.

And there were some who didn't believe it.

I mean, President Zelensky didn't actually accept it.

France, the leadership of France, and some other NATO nations didn't believe it.

But it turned out that the intelligence was actually pretty solid on that.

There's another example, and this was important, although not well reported, and it was

that was when we said that he's going to plant a false flag.

President Putin is going to plant a false flag.

He's going to create what appears to be an attack in Russian territory.

I mean, they went so far as to go get actual corpses, and they mangled them, bloodied them up.

They paid these actors to cry and to weep, and they had this destruction.

And that was not to convince the United States, but that was to convince China.

That was to convince India.

That was to convince the Russian people.

We're justified in our attack.

And we released that before they could release their own video, and I think that actually was used to a positive effect.

So there are sometimes when the Intel Committee, and I have to give Director Burns a little bit of credit.

I think he's been good on some of these things.

But to your larger point, that intelligence agencies have either been manipulated or have willingly been used as propaganda.

There's no question that that's been true in the last 22 years.

I don't have a problem if you have good intel.

Go ahead.

But we're talking about intel that is either hearsay, nothing's really been vetted and verified.

And they're lying to us.

And the press is helping.

How do we have any confidence in anything?

Like, for instance, I believe that these war crimes of these mass graves, I believe they're real, but I'm not going to bet my life on it.

I don't know because I don't trust anybody anymore.

Yeah.

And Glenn, you and I feel exactly the same on that.

And in our private conversations, I mean, you know that I feel exactly the same.

I know.

I think the greatest threat facing our country isn't Russia or even necessarily it's China.

It's what you just said.

It's that no one knows what is true anymore.

And a republic just simply can't survive when no one believes anything about anything any longer.

And they kind of get so exhausted by it that they quit caring.

Well, maybe it's true, maybe it's not.

There's no way for me to ever know, so I'm just going to move on and accept what they tell me.

And, you know, going back to another conversation you have had, Glenn, deep fakes, for example, the ability to to so

expertly and precisely manipulate video that you actually can't tell if it's true or not, even by breaking it down.

And you cannot ever determine if it's true or not.

And that's just one example of where people just throw their hands up in frustration and say, well, you know, maybe these war crimes are happening over there.

But it could be they're not, because technologically they could show something that appeared to be true, but it wasn't.

And as we've already discussed, they have a history of manipulating and being dishonest with the American people.

And we gave two really good and very powerful examples of that.

No wonder the American people don't trust many of these things.

I will tell you, I said the other day, there's going to come a time soon, very soon, that it might even save your life

to

make sure that you are

in touch with the Spirit, with the Holy Spirit or the Spirit of God, whatever you want to call it.

But you listen and obey to that because

that's the only thing that you can trust right now.

And these things are happening so fast and furious, and you don't know who to believe.

And I am, I'm really terrified of something happening.

You know, I don't know if you've seen this yet, Chris, but the deep fakes, the voice, believe it or not, is harder to trick than the face.

And they have not been able to make deep fakes of voices until recently, and they are perfect now.

Yeah.

Yep.

I'd like to say, even when you,

in a very technical sense, break it down, you can't determine if it's real or not.

But two things, if I could, Glenn, and if you'll allow me to join in your philosophical comment, and that is, I 100% agree with you that people are going to have to determine on their own what's real and what's not.

And if you believe in the battle of good and evil, if you believe in the existence of Satan, the existence of and Satan or light and darkness, you have to know that Satan is just laughing about this.

This is perfect for him.

He is the one generating this uncertainty, this doubt, this hesitation.

It's to his benefit because the Bible makes it clear, the Spirit of God is a spirit of freedom, and Satan seeks to destroy the freedom of every people.

And if he can use these tools to do that, and I think it really is going to come down to this individual discernment that people are

going to have to have.

And by the way, I think people are beginning to see that and beginning to develop or to refine that discernment so that they do again sense what is real and what's not.

One last topic.

Are we really

going to say that the Revolutionary Guard in Iran is off the terrorist list?

Is that possible that that's happening?

Well, with this administration, of course it's possible.

And I think it's likely.

And you tell me

that it possibly be a good idea.

Likely?

I think it is, under our understanding of this agreement.

It's certainly on the table.

Now, we haven't seen the details of the agreement, but it's unquestionably on the table.

And look, how can that be surprising when you've got Russia as our intermediary with Iran?

And with the Russian officials go back to their own people and say, holy cow, it's unbelievable what the U.S.

has conceded on this.

So, yeah, it's absolutely on the table.

And as I said, it's probably likely.

But, Glenn, that's just one example.

How can you look at that and say, that's a good idea?

How can you look at the southern border and say, that's a good idea?

How can you look at more government spending inflation and say, that's a good idea?

I mean, the list goes on and on at things that you just think, this is insane.

You have to know what this is doing to America.

You have to know what this is doing to our national security.

And yet they're doing it.

So, I mean, it's shocking, but in a way, it's not very shocking that they would concede something like that and say, yeah, Kudzforce,

Iranian Republican Guard.

Yeah, they're not so bad.

Maybe we should take them off the terrorist watch list now.

Congressman Chris Stewart, thank you so much, sir.

God bless.

Good to be with you.

Thank you.

You bet.

You can follow him at stewart.house.gov.

Let me

cap this conversation and this week with

this thought.

I've said it before,

earlier this week, and

I want you to listen carefully, those

who hear these kinds of things.

It is vital right now that you do what you have to do to strengthen your relationship to God

and hearing what he is telling you to do.

You are listening to this program right now for a reason.

And I am receiving mail and everything that I have never seen before in my lifetime.

I have never seen and met so many people who are like, you know, I just have this feeling that I'm supposed to

do not reject that feeling.

Do not hesitate on that feeling.

I mean, unless it's a feeling of, I just feel like I should build a nuclear weapon and launch it.

That's not coming from God.

But if it is

to

protect your family, if it is to move, not move, whatever it is, and you always know it's God, when it's unreasonable and you're like, no, no, either I can't do that or I really don't want to do that.

That's a pretty clear signal.

It's probably from God.

Do not dismiss those things.

I believe, as Billy Graham told me once,

the Lord is working on something, and it is a mosaic.

And it will be just millions of people all around the world that are just standing doing exactly what they're told to do.

Nothing more, nothing less.

Just do

what you're feeling you're supposed to do.

And don't hesitate.

Don't hesitate.

What if your plan is to come camp out in front of the studios until Glenn walks in so you can tell him your wonderful ideas?

You know what is crazy is the spirit right now is telling me to kill you.

And that's unusual because that's what I just said wouldn't be coming from God, but I'm willing to roll the dice.

You are.

Yes, I am.

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the glenn back program

this is the glenbeck program hello stanley you're on the glenbeck program hi glenn uh really appreciate your program thank you um i i'm so glad to hear you talking about this the inspiration is so important and you cannot avoid listening to it.

You need to pay attention to when you're inspired.

And I'm particularly happy you've been talking about this because about three weeks ago, I drove up to Texas from Columbia, and I've been living in your linen closet.

You've been?

Yes, and I'm waiting for you to come in,

and I need to tell you about a special message I've received.

Now, it didn't sound exactly like God per se, but it was loud.

Right.

And it did tell me to bring a lot of sharp objects.

So if you could just at some point walk into your linen closet, ideally backwards

with a blindfold on.

Stanley,

the good news is

this will fail, not because you told me, but because I have no idea where my linen closet is.

So thank you.

You are drawing

if there is someone out there who's like, I'm going to show up.

No, please.

No, no, no.

That's never a good idea.

Please, right?

Please, please, please.

There are a lot of people.

I mean,

the fastest way not to be heard is to drive from Canada

and not make an appointment.

No, that doesn't happen.

No, with all the security stuff, obviously, you can't do that.

So please don't, please don't do that.

And honestly, this is the promptings are for you.

They're for you.

And they're things that you need to do.

If it's like, I've got to get this idea because Glenn's got to do it.

No, God has a more efficient way of giving me that information.

You know, you stand and do what you're supposed to do and connect at a local level.

You should go to your linen closet, though.

Really?