Will Elon Musk Save Big Tech? | Guest: Gov. Pete Ricketts | 4/4/22

2h 4m
Glenn starts off the show discussing ESG scores and the World Economic Forum’s new world order. Pat Gray joins Glenn and Stu to discuss Billie Eilish and her musical influence. Glenn and Stu discuss the Biden administration’s latest attack on our border and the chaos it will bring. Nebraska Governor Pete Ricketts joins Glenn to discuss why he vetoed additional federal assistance that would have made citizens more reliant on the government. Glenn and Stu discuss Elon Musk becoming Twitter's largest shareholder and his coming out against ESG scores. Glenn and Stu discuss Ron DeSantis threatening to end Disney’s legislative perks after the company came out against Florida’s politics.
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Transcript

Charlie Sheen is an icon of decadence.

I lit the fuse and my life turns into everything it wasn't supposed to be.

He's going the distance.

He was the highest paid TV star of all time.

When it started to change, it was quick.

He kept saying, No, no, no, I'm in the hospital now, but next week I'll be ready for the show.

Now, Charlie's sober.

He's gonna tell you the truth.

How do I present this with any class?

I think we're past that, Charlie.

We're past that, yeah.

Somebody call action.

Yeah, aka Charlie Sheen, only on Netflix, September 10th.

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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.

Welcome to the Glenbeck Program.

We have some news for you on your finances.

We're going to talk a little bit about ESG,

mainly around what Elon Musk just said.

Elon Musk said, I'm increasingly convinced that corporate ESG is the devil incarnate.

Kind of a bold statement from him i back him up on that also

another piece of elon musk news remember last week he was talking about maybe i just start a competition to twitter maybe i just you know what i got to start my own social media

and then he decided

i'm going to become the major shareholder in Twitter.

He now owns more shares of Twitter than anyone else.

So far, it is a silent partner.

He

doesn't get any board seats, but that could change.

Are we on the verge of real freedom of speech again in the mainstream?

We begin there in 60 seconds.

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So, Elon, Elon Musk,

I'm increasingly convinced that corporate ESG is the devil incarnate.

This is really good news.

There are some people that are now big players that are starting to talk about this

as a reality.

I mean, there is such a disconnect.

Anyone who tells you this is not what's going on, it's no longer Glenn Beck's crazy theory and Glenn Beck's crazy book.

There are so many people, for instance,

NYU professor of finance, Aswath,

is it Damaran,

has been writing about ESG.

Listen what he said.

When I first wrote about ESG two years ago, I did so because I was skeptical of the unquestioning belief that people had in its success.

Amen.

This is one of the things that really bothers me about this, is everybody is just so convinced that this is all going to work.

When they're talking about, I mean, when I first read the World Economic Forum website and they were unveiling all of their plans, when I got to the food thing, I realized these people are criminally insane.

They are criminally insane.

You're going to take 10,000 years of farming and flush it down the toilet and come up with a new system of farming, literally from seed to plate, and you're going to do that in eight years?

Really?

Wow.

That's not criminally insane or criminally arrogant at all.

Anyway, he said, I initially believed that it was a flawed concept that needed fixing, but after two years of interactions with people who claim to know the concept really well, but don't seem capable of making solid cases for it and witnessing its takeover by

well-heeled entities with agendas, I'm convinced that there will soon be room for only two types of people in the ESG space.

The first will be the useful idiots, well-meaning individuals who believe that they are advancing the cause of goodness as they toil in the trenches of ESG measurement services, ESG arms of consulting firms, and ESG investment funds.

The second will be the feckless knaves who know fully well the void behind the concept, but see an opportunity to make money.

I know those are not edifying choices, but I don't see any good ones other than leaving the ESG space completely.

Good luck.

That's uh pretty damning.

Now, let's couple this to the real world.

CNBC

has just run

an op-ed, a new world order is emerging and the world is not ready for it.

This is written by the chief executive officer of the Atlantic Council.

And so, you know, somebody who was like, yay, world order.

But he says that we're not ready for it at all.

He said, are we ready for the new world order?

That's the provocative title of the panel that led off the ambitiously named World Government Summit

last week.

And it was framed to suggest that a new world order is emerging and the world's not ready for it.

There has been a proliferation of writing about who will shape the future world order since Vladimir Putin launched his invasion in Ukraine.

The tempting conclusion, should Ukraine survive as an independent, sovereign, and democratic country, the U.S.

and Europe-backed forces will regain momentum against the

previously ascendant Russian-Chinese forces of authoritarianism, oppression, and in at least Putin's case, evil.

I think we can say that about China, too.

Can we pony up maybe to the big boy table just for a second and say, yeah, I think we can call the regime in China

evil?

Sounds like good news, but there's a downside.

My conversations in Dubai at the World Government Summit and the Atlantic Council's Global Energy Forum show little enthusiasm or conviction for this bifurcated vision of the future.

The Middle Eastern participants have no interest in

abandoning relations with China, the leading trading partner for Saudi Arabia and the United Arab Emirates, or breaking with Russia, which established itself as a force to be reckoned with with when it saved Syrian President Bashir Al Sad

through its military invention in its war.

Beyond that, our Middle East partners have lost confidence in America's commitment to global leadership or confidence following last year's botched Afghanistan withdrawal.

They're also experienced whiplash from the Trump administration that trashed the nuclear deal with Iran to Biden's administration, which they feel is pursuing it without sufficiently factoring in Turan's regional aggression.

In all my many years in the Middle East over the years, I have never heard this level of frustration from Mideast government officials with American policymakers.

So he goes on to talk about how there have been now three attempts to organize the world.

And he said it was the Treaty of Versailles and the League of Nations,

which got into European fascism and everything else.

Then World War II, you had the Marshall Plan and Bretton Woods.

Then

you had

the third effort, he says, is the Cold World, a Cold War ending, where it became a unipolar world.

And now it's this one.

Now, I can't take any more people saying

this is,

you know, a hoax.

It's not really happening.

Why would you think?

Why are of the biggest magazines think tanks scholars all talking about this including our president saying that there is a new world order you must break out of the box of your thinking

this is happening

now how it happens I don't know.

But one of the things that is happening is Russia Russia and China are trying to collapse our dollar because we're trying to collapse Russia.

So what did Russia do this weekend?

Russia, the Bank of Russia,

has resumed gold purchases.

More importantly, they are now fixing the ruble,

5,000 rubles.

per one gram of gold.

So they're on a quasi-gold standard now.

If they attach a gold standard to the rubles,

this is what the Bank of Russia is now doing.

If they've already said, we're going to shut down all oil and gas exports unless you buy it in rubles.

Well, nobody wants rubles.

They knew that.

So now Russia has said, we're on a gold standard.

Now, it's not exactly that, but it's close enough.

So you can take gold and send it to Russia.

They'll give you the rubles.

You buy the oil.

You give the rubles back.

They're stocking up on gold.

This will be very, very bad for the United States.

It'll be good, you know, for gold prices if you have that.

Unfortunately, I don't think the United States has a lot of that.

And will it work?

Yes.

Listen to this.

This is from from the CEO of BASF,

which I'm not sure what they make other than they're a petrochemical company.

And it's, you know, if you watch, like, remember the days when you used to watch Sunday morning TV shows on politics and be like, BASF,

we make everything you need.

Okay, like, what?

Everything.

Were they the company that said, like, we make the things that you like better?

Didn't they have like a slogan like that?

They don't make the things you need.

They make the things you need better.

Yeah.

So anyway, you know, they make everything from, I don't know, tape

to styrofoam to,

well, in this case, they make fertilizer as well.

So he did a, the CEO just did an interview because they're talking about, in Germany, ah,

what do we do without gas from Russia?

And the new chancellor's like, don't worry about it.

Just turn your temperature down by two degrees.

It'll be fine.

And BASF is like,

that's a recipe for disaster.

That's not going to work.

They said, he said, we could be energy independent maybe in five years, but if they shut things down, Russia covers 55% of German natural gas.

He said, many, many things would collapse here.

We'd have high levels of unemployment.

Many companies would go bankrupt.

It would lead to irreversible damage.

It would put the German economy into its worst crisis since the Weimar Republic.

Many small, medium-sized companies in particular, it would mean the end.

We can't risk it.

A delivery stop for a short time would perhaps open the eyes of many on both sides.

It'd make clear the magnitude of the consequences.

But if we don't get more Russian gas for a long time, we have a problem here in Germany people often make no connection at all between a boycott and their own job as if our economy and prosperity are set in stone this is such an American problem it will be a catastrophe and we will feel it clearly next year more than this one because most of the fertilizers that the farmers need this year has already been bought in 2023 there will be a shortage and poor countries in particular for example, in Africa, will no longer be able to afford basic foodstuffs.

This is a risk of famine.

Okay, all right.

Maybe

we should

think about the whole new global order thing a little differently.

Maybe we should all sit down and have a chat together.

I'm just saying.

Now, let me give you two other things.

In Ukraine, they can't even get the tractors out.

This is plant

seeding time, field seeding time.

And they can't even get the tractors out because of the drones up in the air.

The farmers are like, I'd rather not get blown off my tractor by a bomb.

And so they're not planting the fields.

They say

it could go down as much as 20% of the usual output.

That might be a problem.

They can't get the fertilizers.

They can't get the fertilizer in China.

In fact,

China is only going to produce about 40% of what it normally

does.

And the good news,

Texas, Kansas, North Dakota, Oklahoma, New York are showing the largest decreases in overall cropland this year.

They are planning on, in just those five states, planning on decreasing the plantings

only by almost 2 million acres.

So

that's not going to be

a problem.

They are growing more soybeans, but about 40% less corn.

So

we can have soy.

And that soy sauce, let me tell you something.

That soy sauce never goes bad.

I have soy sauce in my, in my refrigerator, you know, like right next to the butter tray.

It's fantastic.

I've got like a year's supply.

Well, at this rate, now it'll change if we all get hungry, but at this rate, I have a lifetime supply of soy sauce.

And it never goes bad.

Are they planting enough ducks for duck sauce?

Because I don't know.

I don't.

Yeah, I'm not.

I'm concerned about that one.

That one duck sauce is a good one.

That one goes a lot faster than the soy does.

All right.

Sun Tzu pointed to the importance of knowing one's enemy.

Well, who is the enemy?

There's a great story that's, I was at Washington Post today, that was

saying, you know,

I got to tell you, Joe Biden's economy is great, but it's just inflation.

You want somebody to blame, blame the Fed.

Well,

yes.

Except the Fed is in bed with the federal government, I should say, the leftists of the government.

If

you want somebody to pin the blame on, just so we can fix the problem, not just to point fingers, but to fix the problem, it would be the Federal Reserve.

Now, I don't know if you know the scary story of how it came to be, but it is the creature from Jekyll Island.

This is a new book by the Tuttle Twins, and it's part of their series, but this one is so important.

I think everybody should read this one.

Even Ben Bernanke.

It is the Tuttle Twins and the Creature from Jekyll Island.

It is all about the Fed.

It's all about the tyranny of anybody that is like the Fed that can just print money and what it does and why it causes inflation.

Most people don't understand what inflation is.

They just know it's bad.

I need the government to print more money so I have more money.

Or

I need my boss to give me a raise so I have more money.

Okay, without controlling the Fed, both of those really bad solutions because it'll only make inflation worse.

You need to understand how our money works.

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If I hadn't read the actual, you know, thousand-page book, Creature from Jekyll Island, I would need this book too.

The Tuttle Twins, giving away this book about money and inflation.

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The creature from Jekyll Island.

10 seconds, station ID.

Hey, did

yes, Stu.

I was going to tell you,

BASF, we don't make a lot of the products you buy.

We make a lot of the products you buy better.

That's a solid slogan.

It is.

What are you doing?

I don't know what have you done.

It's also a little like a CIA slogan.

You still don't know what they do.

I don't.

I don't know.

I mean, they're just claiming to make everybody else's work better.

Oh, my gosh.

Is there a chance that BASF

is the company in Severance?

Have you seen that?

No.

You haven't seen that on Apple?

I have not.

It is.

It's this most bizarre thing.

Severance is something where this company has designed a way, they do something top secret.

I don't know what it is.

And they found a way to put a chip into your head, and it separates your work life from the rest of your life.

So you go in this elevator, and it turns on the chip, and

you don't remember your other life.

So whether you're finishing work and you're going down, it turns your work off.

So you have a complete void.

You have no idea what you're working on.

Okay.

This is an incredible opportunity for the woke culture.

Oh, yeah.

Imagine if these companies could just turn off their employees' nonsense as they came to work.

It would be great.

This would be fantastic.

Yeah, it's really good.

But I think maybe that's BASF.

Because they make your workday.

We don't make the things you use.

We make the things you use better and in ways where even our employees don't know exactly what we do.

I think I'd have a problem, though, I think, with that invention in particular, where they, you know, work is just going to be like, ah, forgot to switch it back to your private life.

Sorry about that.

You know, and I would also really kind of hate it if this was BASF because they're a German company.

Let's make sure we're very clear on what German companies are doing.

Oh, guess who's not laughing at preppers anymore?

Everyone.

People are just at the very beginning of going, hey, wait a minute.

Food shortages?

What?

Our world is in the beginning of a major crisis, and it's going to impact everything from food to gasoline, energy prices.

Did you hear in Germany today

the prices on all products in the grocery store went up 20 baseline, 20%

to top of 50%

today?

Imagine that coming.

Imagine that coming to a grocery store near you.

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Well, the world is waking up to to ESGs today, thanks to Elon Musk, but you've known about it for a long time.

You can get all the details at GlensnewBook.com.

My disinterest in awards shows continues unabated.

However, there are a couple of things that are kind of interesting about the Grammys that happened last night.

Zelensky

appeared, And I think that is really interesting.

There was a big push for him to be on the Oscars, and he didn't respond or anything else.

And I think he knows Americans hate the Oscars and he didn't want to be a part of that Hollywood camp, I'll bet you.

Maybe.

I mean, I don't know how much we love our musicians more.

No, but I think it's more popular.

It doesn't have the backlash that the Oscars has.

It's probably true.

And it certainly would have been overshadowed by

the whole Will Smith situation with the Oscars anyway.

So that would have been a good thing.

I think even what happened, Louis C.K.

got a Grammy.

I think this is way more fascinating than anything that's happened in any of these award shows.

I think it's bigger than, again,

he got

off the front page, Zelensky, because Louis C.K., A, he did an album

and he was nominated for a Grammy.

I didn't know that he was...

It was cool to be Louis C.K.

again.

No, I don't think it is.

That's what I think is the most fascinating part about this

is he released an album on his own website.

None of the streaming or like nowhere else you could find it.

You could only find it on his website.

Wow.

And

yeah, just on his own, unannounced, just released it.

So it comes out, and there's no buzz about it.

Because there's no sales.

It's going to be sales for him.

Yeah.

But nothing.

He's not climbing a chart or anything.

There's no way to verify.

It's existence or power.

Yeah.

And Louis C.K.

is a guy who was caught up in the Me Too, you know, thing that happened, but has not, at least in my mind, had the moment where people step back and say, yeah, maybe we reacted poorly to that.

Maybe, maybe we overreacted.

Like Aziz Ansari is another comedian.

He got caught up in the Me Too thing, was sort of canceled for a time.

And then people sort of stepped back and said, wait a minute,

we don't have anything on this guy.

This is crazy.

He shouldn't be canceled.

And then he was back on Netflix again, right?

Like there was that process where everyone said, okay, that one was, we went too far on that one a little bit.

That did not happen with Louis C.K.

now, Louis C.K.,

I think, was

an example of, I don't think he acted like a good guy.

I think he's very creepy, a little weird, but never was, was even accused of doing something that he did not have consent.

to do on.

It was just weird.

It was like, he was weird.

He was doing stuff to himself in other people's presence after he asked for consent.

And the claim was that

these women felt as if they couldn't say no, so they said yes and state.

So I don't know

I don't know any female comedian that would have a problem going, you're gonna what no?

So I mean I've always thought that Louis C.K.

thing, you know, it was a little strange the way it was handled, but that's not like the mainstream view.

Not used the way it was handled.

Yeah, thank you.

And so he releases this album and somehow not only gets nominated for a Grammy, but wins.

Yeah.

Wins best comedy album.

That shows white guys just don't pay for their crimes.

And of course, that's what everyone's reaction is, which is bizarre because Aziz Ansari, who is not white, got right back on Netflix a few months later

after his allegations.

As far as I know, Bill Cosby did a lot more than any of these people, and he's out of prison.

So I don't know.

I will tell you what's crazy is

I think this is happening just because so many people are just done with it.

They won't say it out loud, but I think they're just done with it.

Maybe you're right, but these are like Grammy voters.

This isn't right.

I think they're done with it.

They won't say out loud.

It's a secret palette.

You think I don't think he would have won Grammy if everybody had to raise their hand.

I think you're totally right on that.

I totally right.

And if you have not heard, I mean, look, Louis C.K.

was always very talented.

It's a really funny album.

I mean, it's really, really a good special.

And it deserves to win.

I mean, it was really good, but

I'm shocked.

Did the guy who did, what was it, Inside?

What was his name?

Oh, yes.

He didn't win?

I don't know if that was even really nice.

Was he nominated for that?

That was a Bo Burnham, right?

Yeah, yeah.

That was brilliant.

I remember there was some weirdness about where he was nominated.

He wasn't nominated in Best Comedy Album for some reason, like our Best Comedy Musical album.

I don't know.

There was something like that because

they talked about it because of it's a lot of songs in that one, in case you haven't seen it.

Did Billie Eilish win anything?

I don't know.

I mean, she won your heart, I think.

Well, no, I'm a fan of Billie Eilish and her brother.

I think they're amazing.

He produces all the music, right?

He's a big producer, and he's also a songwriter and singer himself.

And I like him better than her.

But,

man, I went, I flew to Phoenix this

weekend with my daughter, my older, my second oldest daughter, Hannah.

And she's a big fan.

I'm a big fan.

And so we went.

This is a bizarre scene.

Glenn back.

You went to Billie Eilish in

Vegas?

No, in Phoenix.

Oh, in Phoenix.

Yeah, yeah, yeah.

I just want to imagine that crowd.

Was there anyone taking video of you at the

I want some 20-year-old to recognize you and turn around and take video of this and post it on the internet?

It would have been fantastic.

No, I mean,

Hannah took video.

I mean, we could post that.

But

it was interesting to watch.

First of all, all these people, and I'm kind kind of sensing this from you, you hate Billie Eilish?

No, I don't hate her.

Oh, okay.

No.

All right.

I just like others better.

Yeah.

Oh,

no.

And

the reason why I started listening to it is because my son got in the car and

he said,

have you heard this song, Dad?

This is what all the...

really

dark goth girls are listening to in school.

And I'm like, you got a lot of those?

And so I listened to it and I'm like, this is about suicide.

This is really, this is not good.

And then, so I started really listening and I listened to her lyrics and then I started doing my homework on it.

She's actually, and she proved me to be absolutely right.

It's one of the best concerts I've ever been to.

It's up with Michael Bouble.

She has the same effect on her audience that Michael Bouble has.

I've never been to any show, any show, where the spotlight 40 to 60% of the time is not on the artist.

Okay, she's singing, but even the jumbotrons, they were grainy because it was so dark on her.

She does not make it about her,

which is weird to see.

The lights are up on the audience a good portion of the time, and I've never been to a concert where every song

Everyone is standing the entire time, unless she says sit down.

Everyone's standing, and they're all singing at the top of their lungs.

I mean, you heard the audience almost at parody with her.

It was bizarre.

I wouldn't like, I go to a concert to hear the artist.

Me too.

Not the audience.

Me too.

And Hannah said the same thing beforehand.

I said, I'm going to be really pissed if I'm just hearing all these people who can't sing.

But it became a really cool experience, very, very different.

And her message,

and I knew this, I became a fan of hers when I started reading about her and her brother and how they work She is she's dark.

He's light wasn't there serious depression with her

serious depression

And she she writes about the things that she experiences

A to get it out of her system and to conquer it It's the way she kind of conquers things But also she writes and sings about them because she knows other girls are going through the same thing

and so like the the first song was was, I don't know, it might have been a,

I want to off myself or whatever.

It was a really dark song with dark imagery.

And right out of all of this, she says,

you know, these nightmares are not true.

These are, we all have them.

We all have these kinds of thoughts and fears.

And we have to listen to each other and be there for one another.

And that's what tonight's all about, this concert.

All of you, I always want, I I don't care who you're sitting next to, but we're here for each other.

And it was a really cool experience and very different than anything people my age are used to.

And I thought it was great.

I thought it was really good.

Did you throw your underwear up on stage?

I did, yeah.

I did.

Cover the whole stage.

Draped over the entire drum set,

including the drummer.

It was weird.

Wow.

I'm at the age where I have, I have a nine and a 10-year-old, and I listen to a decent amount of kids bop.

Yeah.

Now, kids bop, if you don't know, is

a long series of albums, you know, 30 albums or something, where they do the biggest hits of the year, and it's usually kids singing them.

Now it is all kids singing them.

But they're safe.

They're safe.

So they take songs that have very bad lyrics and they change them.

Like, I was listening to one the other day, and it's a song, I think it's a country song.

It's the Applebee song, the country Applebee song.

You know what I'm talking about?

Uh, bougie like Applebee's.

Uh,

okay, huge, huge, huge, huge song.

I can't believe I'm the only person in the world that's ever heard this in this room.

It's amazing, but anyway, they talk about natties, meaning like you know, beer, natty ice, you know, uh, right, and they change it to soda.

So in the zone, it's like bougie likes soda, which again, I don't know why,

but I, you know, we're listening to this for kids, Bob, and all of a sudden they get to I Had a Dream by Billie Eilish, which is literally a song about killing yourself, right?

Like she's the whole song is the entire

lyrics have to be, it could include like the bridge.

Right.

It's about like when she jumps off a bridge.

If I remember right, you tell me if I'm wrong, Glenn.

She goes off.

She jumps off a bridge and she has a dream about it.

And she thought it was a nightmare because she was killing herself.

And then she realized that's actually what I wanted in the end anyway, is to be dead.

Basically what happens.

And it turns turns around.

It only turns around in the lyrics.

So,

do you know the story behind this song?

It's amazing.

Yes, I heard the whole, there's a whole podcast out about this,

which is really interesting.

And I happened to listen to it at one point.

And the story is fascinating, and it winds up, obviously, in a happy place.

She didn't land,

obviously, because she's still alive and doing concerts for Glenn Beck and his underwear.

So, this is, she didn't die.

That's the good news, I guess.

But I don't know if you need to have a kid's mom version version about what do the lyrics say.

What do you mean, what do the lyrics say?

On the kids' side.

I mean, what I was listening to it, I didn't see much change at all.

You can't think, no, I don't think you need that.

I think if you listen, if you've never heard this song, which apparently in this room, no one's heard any songs, but

if you've never heard this song, it's not quite obvious.

It's not like, hey, I went to the bridge and killed myself.

It's a little more artistic.

Barely.

A little bit.

Like, you wouldn't necessarily hear, I had a dream, I thought it was a nightmare, but it turned out to be good.

It sounds like it could be anything.

There are parts of it, though, that I think are

specific to suicide, but it might go over kids' heads.

I don't think most kids would necessarily notice it at nine or 10 years old, but like, do you need a kid's bop version of a suicide song?

It seemed like it.

It seemed like that when you just skip and do whatever other tunes.

I don't know.

Suicide

has become a thing.

I mean, it has.

It is really.

Especially the last couple of years.

Yeah, the suicide rate in this country, you know, I went on Instagram.

I posted something and just Hannah and I screwed around and said that I was in Phoenix for the Billie Eilish concert.

Oh, my gosh.

My Instagram posts were all like, she's from the devil.

She's...

Really?

Oh, yeah.

Yeah.

Really serious

backlash on it.

And I thought, you know,

you should read about her, not just take the songs

for what they're saying, but what the message is behind the songs.

What I like about her, I like her brother better.

I mean, you know, I don't mean it that way, but I mean,

he's really

positive.

He's got a new album out called Optimist.

It's one of the better albums I've heard in a long, long time.

He's great.

And his lyrics are all very philosophical and positive.

And that's where you get the balance.

She had a dream.

I thought it was a nightmare.

He's the one that said, no, no, no, you're safe.

You're safe.

He pulled her out of it.

Yeah, he pulled her out.

And that song is the split between the two and why she's so intent on making people know

this isn't normal to feel this way.

Do you think you have to have people that tell you you're okay?

Do you think when she looked out in the audience and saw you, she reconsidered?

Okay.

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The Glen Beck Program.

This is the Glenn Beck program.

I just want to give you a flashback.

See if this sounds familiar from 1978

SNL.

Inflation is our friend.

For example, consider this.

In the year 2000, if current trends continue, the average blue-collar annual wage in this country will be $568,000.

Think what this inflated world of the future will mean.

Most Americans will be millionaires.

Everyone will feel like a big shot.

Wouldn't you like to own a $4,000 suit

and smoke a $75 cigar,

drive a $600,000 car.

I knew I would.

But what about people on fixed incomes?

They have always been the true victims of inflation.

That's why I will present to Congress the Inflation Maintenance Program, whereby the U.S.

Treasury will make up any inflation-caused losses through direct tax rebates to the public in cash.

Now you may say, won't that cost a lot of money?

Won't that increase the deficit?

Sure, it will.

But so what?

We'll just print more money.

We have the papers, we have the mints.

I can just call up the Bureau of Engraving and say, hi, this is Jimmer.

Roll off some of them 20s.

Print up a couple of thousand sheets of those century notes.

Sure, the glot of dollars will cause even more inflation, but who cares?

Everybody will be a millionaire.

Millionaire.

Millionaire, I guess is what it ended up amazing.

Does this sound familiar at all?

It's modern monetary theory.

It really is.

People keep giving credit to these obscure economists.

It was Dan Aykroyd, apparently.

All right.

When we come back,

I'm going to teach you something that I learned over the weekend about our money.

It's amazing.

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get rid of those high-interest credit cards,

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It's interesting.

They haven't seemingly like the market keeps going up, but

they don't seem to be pricing in the fact that inflation and interest rates are going to be going up.

I mean, this is something where you have this small window before they've actually increased where you can lock these low rates in.

And I have a feeling, I mean, the Fed now has just came out, what, last week or the week before, and said, looks like we could go up in the next few months two points in interest rates.

Oh, my God.

That is gigantic and will really hurt.

Tens, hundreds of thousands of dollars on a home.

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All right.

We want to talk a little bit about Title 42.

And for the life of us,

we can't come up with

any political reason why the Biden administration is doing this.

Coming up.

Got no room to compromise.

We gotta stand together, it's the corresponding.

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 Glenbach program.

I want to talk to you about what is happening on our southern border.

On May 23rd, the president is lifting Title 42.

Now, I'm going to explain all of this in a second, but the DHS is now bracing, and I'm quoting, for as many as 500,000 migrants in the first six weeks.

500,000 in the first six weeks.

They're talking about taking doctors from our VA hospitals and bringing them down to the border.

Can you think of

a good reason?

Can you even think of a political reason to do this unless you just want to cause chaos and destruction?

People say, well, they want voters.

No, no, no.

Because they'll lose too many voters on just this.

Really?

Is that what they're looking for?

Help me out.

Because it happens on May 23rd.

And

gosh, if we keep going at this pace, there may not be a country left to vote in

by the fall.

We begin there in 60 seconds.

On another brilliant move, the state of Washington has decided that by the year 2030, they are going to completely ban non-electric cars.

I'd like to say that would never happen, but yeah,

yeah.

I've given up that phrase.

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Okay.

Welcome to the program.

We're so glad that you're here today.

Let me just go through what's happening on our border.

The DHS is bracing for as many as 500,000 people coming across our border in the six weeks following Title Title 42 being lifted.

Now,

our White House has announced that this is happening on May 23rd.

So we're giving everybody, all of the enemies of the United States, plenty of notice.

It's going to be chaos on our border that weekend and probably for the next month.

So you want to come in, you want to, you know, drag some missiles behind you, we're probably not going to catch you because there's going to be 500,000 people.

According to

the Border Patrol, if half a million people come in one month, that is an emergency.

There is no way we have enough federal agents and NGOs and NGAs.

There's not enough people going around.

It's literally going to be a revolving door, getting people in, getting people out.

There's not enough medical personnel.

You know, we want to give everybody a vaccine.

If you want to come in, you got to get a vaccine.

Not enough medical personnel to provide the COVID vaccines that the Biden administration has promised anybody who comes across.

I don't think that's really a, hey, we're going to give you a

vaccination.

I don't think that's actually a draw, but maybe, maybe to some it is.

And that's the thing.

This is the only vaccine mandate that has any sort of legal standing, right?

We can absolutely tell people coming into our country.

We have borders.

We have a sovereign nation.

We can tell people coming into our country whether they can get...

I mean, we require all sorts of vaccines and medications for people, many times just to visit, let alone coming across the border to immigrate into the country.

We can do that.

It's amazing that this long after we're trying to take and tell truckers in their trucks by themselves driving around the country that they have to get vaccinated or they can't work.

But we have not been doing this to illegal immigrants crossing this border.

I flew this weekend.

I can't take the mask thing anymore.

I can't believe that's still a matter of time.

I can't take the mask anything.

I can't.

One on the flight out, I went to Phoenix this weekend.

The flight out, I walk on and I have the, I mean, I have the mask right at the tip of my nose.

And the stewardess, as soon as I walk in, she just points at my nose and gives me a dirty look, like, get that above your nose.

I just wanted to say, are you serious?

So I did.

Fly there.

On the way back, at least the pilot got it.

The pilot was like, I am sorry.

We have to ask you this.

This is a federally mandated rule.

And I know it's not happening everywhere else, but please do this.

They're very serious.

They can take away your right to fly and everything else.

I mean, enough.

Enough.

Especially on an, I mean, do we have to say it?

Especially on an airplane with the highest quality air filtration you get anywhere in your life is on an airplane.

And this is the place where it is.

And the reason why it exists still, it's the one place

that Joe Biden can still control.

Yep.

That's the one.

He can't control Florida.

He can't control Texas.

He can't even control California, but he can still control these planes.

So they're talking about now giving all these vaccines and they're thinking about pulling medical personnel from our VA hospitals.

Are you kidding me?

People who went to combat might have to wait for a while because we got to give medical attention to illegal immigrants on the border.

The Biden administration is also looking at doing NTA's notices to appear

with minimal biometric data and vetting just to get people through.

They also are considering skipping critical paperwork.

So, I mean, they're going to come in.

And if I were an enemy of this country,

I'd have my plans already made.

I'd already be here.

I'd be in Mexico waiting right now.

Luckily, they've announced the date.

So you can plan your travel to our border to cross in illegally.

Well, the Biden administration is also going to deploy a smart app.

for the illegals to use to submit to pre-screening.

So we're going to provide, our tax dollars are going to provide an app for illegals to use so they don't have to stand in line so long.

Oh my gosh.

Oh my gosh.

It's CBP1.

It's an app originally devised to make it easier for known travelers to enter and go across the border.

It is now being thought of as an easy way for folks just to get in.

They are now preparing for double the number of migrants that came in 2021.

It's double the amount of people that came in in 2021.

So the first year, how many was that?

Was that 2 million?

Did we hit 2 million?

I don't remember the number exactly.

It was huge.

It's got to be 2 million.

I bet it's 2 million because if 500,000 are coming in in the first six weeks, That's got to be a bit of a number of 4 million by the end of the year.

That'll be 6 million

new people.

Oh, and by the way, they're not completely blind to the problems it's going to create.

There's going to be a lot of people whose

pronouns, the Border Patrol, is going to get wrong.

And so they put out

last week some new regulations.

The Border Patrol has all of the LGBTQI plus.

pronouns and the ways to deal with people, the gender-neutral language, and they will be held accountable if they're not using gender-neutral language,

our border patrol.

God bless those guys.

I don't know how you guys are doing it still, but thank you.

Thank you for doing it.

So border crossings, 2020, 400,000, 2021, 1.6 million.

So just four times, that's the fiscal year 2021, but four times the amount.

And they're expecting an increase from this.

Double.

This has been a crisis since Joe Biden walked into office.

Day one.

And you remember the people coming across saying, yeah, well, we know Donald Trump didn't want us here.

And Joe Biden said we should come.

He said in the debate in front of everybody that we should come to the border.

So we've been given permission to come.

We're here because of Joe Biden.

That crisis hit.

There were a few questions from mainstream media.

There was a good, if you remember this, a shocking

spattering of journalism, a scattered shower of journalism, if you will, for about two weeks, where they asked questions about this and seemed to cover it in mainstream media because it was such a crisis.

It has not abated since then.

It's increased.

The problem has been, is worse from when that first started under Biden, has increased this entire time and remained at these high levels.

And now he's going to do this, which is something that is guaranteed to make the problem much, much worse.

And this is why we kind of, as you were teasing earlier, we were discussing off the air what, just politically speaking, what is going on here?

Because

the history of this Title 42 is basically at the very beginning of COVID, Trump stepped up and said, hey, we don't know what's going on with this.

We don't want any outbreaks coming in across the border.

We need to shut that situation down again.

Which is completely consistent with all of his other policies.

Yeah.

I mean, he got blamed.

You know, oh, he's a racist.

No, it's consistent.

It's consistent with logic.

Yeah.

Oh, it is.

is totally consistent, especially when Mexico, especially at the beginning, was doing nothing to fight COVID at all.

So they had massive, massive problems going on there.

And President Trump said, look, we're not going to import COVID.

We're going to have to deal with our own stuff here.

Let's not import it from other countries.

Totally sensible thing.

The left, of course, jumped to the conclusion: well, he's always wanted to close the border, and he's just using this to halt people coming across.

Same people who are screaming at us that we have to have masks, we must stay inside.

Fascinating how this happens.

So Biden comes in on a campaign, especially to his hardcore left-wing supporters where he tells them constantly, I'm going to undo all these unjust border policies of Donald Trump.

Number one on the list is Title 42.

So he comes into office.

Everyone's expecting within the first week, he's going to lift this thing because obviously it's just

targeting minorities.

Well, he doesn't lift it.

And then we

a period where we start having lower death rates from COVID.

We have our spikes, but they're not as bad as previous ones.

And everyone's like, hey,

why are you keeping this Title 42 thing going?

Why are you blocking people from coming across the border?

And Biden's answer was basically like, we just take COVID way too seriously.

It's so serious.

We can't do it.

And nobody buys this.

No.

The people on the left correctly say

you're just extending Trump's policies because it, what, helps you control the border and you don't have another massive political crisis on your hands.

But we don't care about that.

You told us you were going to do it.

You better do it.

So, this pressure has been rising from the far left for a long time.

And now, here we are in 2022.

The election's underway.

You know, basically, we've already had primaries.

Like, we are in the middle of it right now.

And right now is when they're going to lift this

rule, which is going to allow millions of people to cross cross the border, and it's almost definitely going to cause a massive crisis, which is just, if you're going to do it, either you do it when you first get in and you get through that wave, and you, by the time 2022 rolls along, you're through it, or you wait until December of 2022, after the election's over, when you still have Congress.

You don't need Congress for this particular rule, but like you still have the support.

Anything you need to get done, you could still get done.

And you'd think they would go along with it.

You'd think they'd get it done after the election.

Instead, they're doing it now.

So he either thinks he's not considering politics.

He's got something else on his, on his mind, which is chaos.

Chaos or squirrels with Biden.

Who knows what it is?

It could be anything.

Or he's thinking we are so lost in this election that we just need to shure up the base and get as many of these blue districts to remain blue.

Forget the purple ones.

They're toast already.

Just go after the hardcore supporters.

It could be that.

But I mean, mean, that's neither one of those is

really

because your hardcore supporters are not enough.

They're just not enough, especially, I mean, look,

the Democrats were always the ones that were against illegal aliens.

You know, Cesar Chavez

was against illegals.

Cesar Chavez went to the border to turn people around and to show how bad aliens have always been.

Oh, horrible because they take good jobs away from Americans.

Americans are struggling right now, really struggling hard.

Their taxes are about to go through the roof, through the roof because of the Biden budget.

I mean, it is taxes, taxes, taxes, taxes, taxes, and more taxes.

And

you're going to be hammered by prices or taxes.

One way or another, you're going to be paying for these taxes from the budget because

they're killing jobs.

Our tax hike is going to go up to 28% for corporate.

So you know, that's higher than communist China's income tax on corporations at 25.

Europe is at the, their average rate for corporate taxes is 19.

We'll be the highest in the world.

What do you think that's going to do to hiring?

And when there are more mouths to

feed and our cities are overrun, how do you think that's going to work to the Democrats' advantage?

It's not.

So help me out.

Besides chaos,

what is your goal with this?

What

is your goal?

Back in a minute.

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Soaring inflation is pushing the Fed to raise rates quickly and aggressively.

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Two points in

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That will cripple us with our federal budget, but it could cripple a lot of people with your credit cards.

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10 seconds.

Station ID.

Oh, my gosh.

And you want to add top of this?

Barack Obama is going to the White House tomorrow when he will join President Biden and Vice President Harris for a healthcare event.

He's going to deliver remarks celebrating the success of the Affordable Health Care Act and Medicaid in extending affordable health insurance to millions of Americans.

This is being done because

Joe Biden is going to be adding more benefits, more benefits to the

Obamacare.

Fantastic, right?

Just as we're getting all kinds of new citizens without jobs.

How does this work, Stu?

How does this work?

It doesn't.

This is why we oppose it.

But this, I don't know, what is it, Glenn?

Is it ideology?

Is it something?

I don't think Biden

is the, is he's not AOC,

right?

He's, he's always sort of

swam with the current.

He is

a great reset guy.

Yeah.

And you have to collapse.

The system is waiting now.

The system is there.

Before, they didn't have a system for this to collapse into.

You know, you never collapse something unless you have it ready to go.

And I really truly believe they are just waiting for the thing that will make Americans go, okay, all right, just I'll do it, whatever, just go.

And this just adds to that pressure, you know, increasing taxes.

I mean, the taxes alone,

if you don't think all of that tax money that's going on to the corporations is going to be paid for by the consumer, you're sorely mistaken.

If you don't think that

it will cost jobs, you're sorely mistaken.

You know, it's going to mean lower

employees hiring, lower

employment numbers.

It's going to mean higher inflation.

It's going to be extra frustration because you won't be able to make ends meet and your employer is not going to want to give you a raise.

And you're going to have to pay through the hidden tax, the passed on tax, every time you go try to buy a product that these corporations are selling because they're not going to take 10%

of their earnings and just eat it.

They're going to pass that tax on to you.

Back in a minute.

The Glenn Back Program.

We have a very brave governor on with us in just a second.

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I want to introduce you to a governor that you should know.

He's from Nebraska.

His name is Pete Ricketts.

And he's joining us now because he is actually trying to veto federal funding that he says will make people more reliant on the government.

I tend to agree with him on this, but he's a Republican who's fighting the Republicans who are going to override his veto.

When you hear this story, I hope if you're in Nebraska, you will call

your legislator and say, enough is enough.

Welcome, Governor.

How are you, sir?

I'm doing great, Glenn.

Thanks very much for having me on.

You bet.

So tell me the situation.

This is about the money that was going to help people pay rent because of COVID, right?

Right, exactly.

So this is the Emergency Rental Assistance Program.

It was about a $25 billion program.

And, you know, when we have emergencies, we recognize we need extra assistance.

You know, first of all, Nebraskans always take care of their neighbors.

We saw that in the floods we had in 2019 and through this pandemic.

And so we have an emergency, we ask for extra assistance.

But we also, at some point, have to recognize that the emergency is over and we don't need the money for the assistance anymore.

And that's what's happening right now.

You know, I ended the emergency for the pandemic last June here in Nebraska.

Good for you.

And so we just don't have a justification for taking this money.

It's supposed to be tied to paying for

people who are impacted by COVID.

And, you know, we do this for floods, we do it for tornadoes, we ask for emergency assistance, but we don't ask for the money if we don't have an emergency.

And right now, we don't have an emergency.

We've got the lowest unemployment rate in the United States and lowest in state history.

We've got more people employed today, 16,000 more people employed today than we did pre-pandemic, more people in manufacturing since 2008.

And frankly, none of the nonprofits who are asking for this money have ever been able to show me that somehow things today are different from 2019.

So we just don't have a justification for taking this money.

And now, of course, the second round of this emergency rental assistance program is not even tied to COVID.

You can just pay people's rent.

Well, that's big government socialism, right?

We don't want to just pay people's rent.

That's not who we are in this country, and certainly not in Nebraska.

And yet, I've got a legislature who is trying to, who has passed a bill, which I vetoed, that is trying to force me to take this additional federal money.

And the veto override will be tomorrow, Tuesday, April 5th.

And so I'm encouraging people to reach out to their state center and tell them don't take this big government socialism program.

So, what is the Republican excuse for this?

Because you have, if I'm not mistaken, you have about 40%

of all the money from the first round still sitting there waiting to be used.

So if people need to have a bailout on their rent because of COVID, I find it kind of hard to believe at this point.

But if you did, all right, you got 40% of the money you got last time.

So what is their excuse as Republicans?

Yeah, no, you're exactly right.

We've used, actually, we've only used about 40% of the money, so we still have plenty of money left through the end of the year.

You know, you can apply in September, and it will take you through December.

And I don't think anybody is thinking this emergency is going to last longer than that.

In fact, our hospitalizations are the lowest we've had since maybe July of last year.

And so their excuse when they say this is like, well, it's free federal money.

And of course, it's not free federal money.

We pay that.

It's our taxpayer dollars, right?

And they're like, well, what if some other state gets it?

I'm like, well, first of all, when we have emergencies like floods or tornadoes, we ask for money if we need it.

But if we don't have an emergency, we don't ask for the money.

If another state has a tornado, they ask for the money.

So this is not, we're not in an emergency.

We shouldn't be asking for this money.

It's just wrong.

And then, of course, they're like, well, if we don't take the money, somebody else will get it.

That just means that somebody else is going to be paying people to stay home.

That's bad for them, right?

If you're paying people's rent and all the other benefits we've we've doled out here and here in the state of Nebraska now, we've either distributed or in the process of distributing over $21 billion.

You're paying people to stay home.

And I've had landlords contact me to tell me that they see the people that are in these programs, and they're, by and large, a lot of people who could be working.

And that's the problem is if we're paying people to stay home, they will.

And that's what we need to get people back to work.

These programs are corrosive.

They teach people to be reliant on government, especially when they're not even related to being COVID-related anymore.

Yeah, I understood, you know, when the government was putting people out of business and then telling people

you don't have to pay rent, okay, what about the landlords?

And, you know, what about I didn't have a job because I didn't have a business because you told me to close down.

At that point, I understood it.

Especially, however,

in your case, where there are more people employed than there were prior to the pandemic, you seem to be on the right track.

One of the few places that are really on the right track.

I know wanted, help wanted signs are everywhere here in Texas.

And it's not because we're growing jobs faster than we're importing people.

It's that there are too many people that just have decided not to go back to work or that those jobs are beneath them.

This is very un-American.

Have you asked those Republicans where their principles are?

Well, that's part of the problem, isn't it?

When I talk to some of these Republicans about this, they're like, well, I'll take that into consideration.

Take it into consideration.

I know, I know.

It's like, hey, guys, this is about principles.

Like, we as Republicans stand for, of course, we help people when they're in need.

But if we're not in need, we don't just dole out government money to people.

That's not who we are.

But unfortunately, many times you get so many folks who get elected that don't have fundamental principles, and so they kind of blow in the wind, whichever

the trend is,

whatever the du jour of the day, you know, the

policy that their buddies all are all trying to get them to do.

You know, you got all these lobbyists in our capital building telling them they've got to take the money, and that's part of the problem.

So may I ask you, I just looked up your unemployment rate.

It is 2.1.

And I don't want to just go off the unemployment rate, but

there are more people in Nebraska employed than pre-pandemic because

they've recalculated the way that we look at our unemployment now.

They just stop counting those people who could be working but aren't.

So what are you doing to get it to 2.1?

Well, first of all, we never shut down.

We never had a statewide mask mandate.

We never did vaccine mandates.

We slowed the spread of the virus while letting people live a more normal life so that we were able to keep our mortality rates down, keep kids in schools, keep people in their jobs.

And that momentum helped carry us through this pandemic.

And like I said, I ended the emergency last June on the pandemic.

So

we're actually pretty much back to normal now, which is why we don't need additional programs to pay for people's rent.

We're back to normal here.

There's always been people who have been been impacted by different circumstances that need help with their rent.

And we should work to help those people.

But a big government program like this, where it's another $120 million coming into our state that would just basically teach people to stay home, that's not what we need.

That's not how we're going to get people back to work.

We need to engage people and get them back into the workforce.

Here in Nebraska, we do have the highest workforce participation rate, the highest employment to population per capita ratio.

So Nebraskans do like to work, but we need more people back in the workforce, and paying them to stay home is not going to do it.

Governor, I have to tell you, this is the best story I've heard in a while.

The story that I always loved from the Depression was Hoover.

Hoover, there was a big storm.

I think it was here in Texas, a big storm that went on, and he decided to dispatch the feds to help.

And

the county turned him around

at

the county line.

The people, not the police, the people blocked the road and turned the trucks around and said, we don't need any help.

We're fine here.

Sent the trucks back home.

Congress wanted to pass for all this support.

It failed, and the American people actually raised more money than what the bailout would have been.

We are in a time now where people are just expecting everything.

We're living in

a time where everybody feels they're entitled to something.

I am glad to see the state where my grandmother lived and my mother was born in.

I am glad to see that you are

holding up the work ethic and the ethics that made America truly the breadbasket of the world.

Well, thanks.

And, you know, Nebraskans do, they take care of each other.

That's what we should continue to do is look to take care of folks in our local communities and not ask for federal money when we don't have a federal emergency.

We're supposed to be taking care of ourselves.

That's always been the strength of our country.

Going back to Alexis of Tocqueville, he commented on that in the 1830s.

That's the strength of America.

So a lot of people who aren't in your state would go, oh, as a politician, he's probably running.

You're term-limited out now.

That's correct.

What's next for you?

Well, first thing I'm going to do is go on vacation with my wife.

Yeah.

I want to stay married.

Yeah.

Yeah.

And then I want to stay involved in politics and public policy.

I just don't know what that looks like right now.

Okay.

Good for you.

Thank you very much, Governor.

I appreciate it.

All right.

Hey, well, thanks a lot, Glenn.

Great for having you on.

Governor Pete Ricketts from Nebraska.

Isn't that amazing?

Call your senators

if you live in Nebraska and tell them, okay, enough is enough.

Do we have some principles here?

Well, other states are going to get it.

Just say this.

If everybody was jumping off a bridge, would you jump off the bridge?

Do I need to be your mother?

For the love of Pete.

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The Glenn Beck Program.

Miss a day, miss a lot.

Visit blazetv.com today and never miss a moment of truth.

Welcome to the Glen Beck program.

Still, I'm going to show you some things.

And if you have the Blaze, you can see this now on the Blaze, but I'll describe it if you're just listening to us.

Do you know what this dollar bill is?

This is a dollar.

It looks normal, except for maybe one thing on it, besides the wording at the top.

Yeah, it's a little bit older, obviously.

The blue seal.

Blue seal.

What's it say at the top?

Let's see, silver certificate.

Silver certificate.

Okay.

So this is what our money looked like when we were still gold and silver.

Okay.

So you could trade that in for silver.

Now, I learned something over the weekend I didn't know.

When we went to war, you know, you bring over pallets of cash.

See if this sounds familiar.

You bring over pallets of cash.

And when you do pallets of cash, because you might lose and you're not going to be able to just...

grab the pallets and run with the cash.

You might have to leave it behind.

In World War II, does that sound familiar by any reason or anything?

i kind of remember this from the afghanistan after all yeah yeah yeah there's a lot of cashes laying on so when we went to africa to fight against rommel we printed these dollars and these were the pallets that came to africa notice the difference it's not a blue seal it's a brownish it's a yeah it's like a yellow yellow seal okay uh when the japanese bombed us in pearl harbor uh this is one's in bad condition it's a brown seal brown seal yeah and just to make sure we we took all the money and we stamped Hawaii on the back.

Okay.

Better.

Just a big stamp on the back just says Hawaii.

Do you know why we did that?

Why?

Because if we lost the island of Hawaii, we didn't want the Axis power to have all of our cash.

And so what we did was we made sure that if we had to leave Hawaii or if we lost in Africa, we could just say the treasury is no longer accepting the yellow seal or the brown seal marked Hawaii.

And that way the Axis power couldn't use the pallets of money.

Now, let me ask you, do you think we did that in Afghanistan or on the tarmac?

in

Iran?

Just even if you didn't cancel it, when when we send all that pallet of money over to Iran, wouldn't it have been interesting if we marked it in some way so we at least knew how it had traveled?

Whose hands it got into.

Whose hand is that going to?

We didn't do that?

Not that they'll admit.

Now, maybe they did,

but...

Gosh, that's fascinating.

It's fascinating they would, honestly, that the U.S.

government would even think about this.

I feel like they're so incompetent.

I know.

Isn't that just like

this shows you the greatest generation?

This is a generation that's not like, oh, you know, we just print more money.

No big deal.

We got it.

Isn't this what they're going to claim, though, is the benefit of the new digital programmable dollar?

Yeah, well, and seeing that we did it in 1941 without any computers, I think we can do it there.

I know what your argument is, but isn't their argument going to be

that we can just turn off the Russian oligarch's money when we direct you.

We can't spend it anywhere.

It will be.

That should probably scare you, not because you're a Russian oligarch, but because

they're going to vilify in the future.

What does that do with Russia?

That creates a new, entirely new market that goes around the federal government, right?

What do you think will happen when they start shutting down people, Americans,

from that because you're spending it in the wrong way?

It will create a black market that goes around the federal government.

It's the worst idea you can think of.

But that's exactly the ideas.

I mean, I think I miss the commercials.

Do you have a really bad idea?

One that will destroy America?

Then you need to apply at the White House.

I mean, honestly, it's such a bad idea.

Of course, they're going to do it.

It's kind of their standard at this point.

How bad of an idea is it?

No, come on, kid.

You're a rookie.

We got really bad ideas over here.

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I mean, come on, man.

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I remember when Walter Cronkite did that all of you.

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

This is the Glenbeck program.

Welcome to the Glenbeck program.

Elon Musk over the weekend bought a few shares of Twitter.

And he's now the largest shareholder in Twitter.

Is there maybe a Twitter freedom day coming?

I'm not really sure.

But I want the life of Elon Musk.

You know what I mean?

Getting up in the morning going, hey, you know what?

Let's go to Mars.

Wait, before we go, I think I want to buy Twitter because they're pissing me off.

Is that the grave?

There's a guy who knows how to be a billionaire.

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We have 10,000.

I was just told this, Stu, last week.

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we keep the number as low as we can to be able to make sure that we are following everything that everybody's doing because we want to recommend the right people to you.

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Alrighty, so Elon Musk, he did a couple of things that I love.

He acquired almost 10% of Twitter.

It makes him the largest stakeholder.

Jack only has about 2% of the company.

Now, so far, I believe this is a silent partnership part.

I mean, he can do some things, I guess, to gain some seats on the board.

And I wish you would, Elon, Please.

I mean, and this is what he, his 9% stake is what he disclosed in a financial disclosure, right?

So we don't know how much he has now.

Could be more.

Oh, that's what, yeah, that's what he bought.

Yeah, this is what he bought so far, but he could be, he could have been acquiring it the whole time.

He seems to be pretty focused on Twitter.

He seems to be critical of Twitter.

And he seems to be stepping up to the plate.

And if you happen to be Twitter, you might not want him stepping up up to the plate.

Oh, please step up to the plate.

Wouldn't it be nice to have somebody that like Elon Musk is out there actually saying the truth and batting for you?

And I say this.

I mean, look, I don't agree with Elon.

The guy is a global warming guy.

Okay.

Like, not just a global warming guy, a guy who believes it so much.

He's building spaceships.

to get off the planet.

Now, I personally believe that it is global warming plus what he sees coming in technology, because he believes transhumanism is coming.

And he believes that the human species

will not exist on Earth by 2050.

And so he believes that the only chance of the humans actually being like we are now, not engineered, but being like we are now, the only chance of survival is on another planet.

But anyway.

Well, that's the point, though.

And this is a guy who acts on what he believes.

He believes it.

Yep.

And he's living an incredible life.

He really is just like, ask or something.

He earned it.

I mean, he made his own money.

I mean, he took bailouts, or not bailouts, but he took money during TARP,

which I didn't like.

Was it TARP or was it he got a lot of the cash for clunkers or something?

There's tons of incentives to buy electric cars built into our economy.

I think that early.

Well, yeah, Tesla gets a ton of that money because they're really the only electric car out there.

I don't think now.

You have to be a lot of money.

He's been opposing it now.

He's been saying he doesn't want it.

Well, because it comes with strings attached now.

You have to be a union shop.

You have to be creating good union jobs.

And that's not them.

No, it's such a fascinating.

This is one of the reasons why people are fascinated by him, but he does not fall into

any easy category.

And, you know, he's been opposing one of the big things in this, one of these big Biden bills, I think it was Build Back Better, was a fortune to build an electric car charging network across the country.

He's like, we're already doing that.

We don't need your money for that.

We're doing it already.

And you don't want him to do that because you can't control that.

Yeah.

And

we've talked a decent amount about the car industry over the past few months.

And as people may note, I'm now past seven months of ordering my car and still do not have one.

I'm already looking for a gift for your 12-month anniversary.

It's going to be, it's going to be

special.

I'm going to bring candles in.

But there is, you have the Tesla chargers, which work on Teslas.

And then you have other charger networks that are being built by other companies.

Like Volkswagen is building a big one across the country.

But you see the locations of them.

If you buy a car that is not a Tesla, that's an electric car, and you want to use a fast charger.

Now, you can charge it at your house, but it takes a long time, multiple days if you're just plugging it into a normal outlet.

uh, it is you can get it done overnight if you get special industrial strength stuff installed into your house, right?

But I mean, that's what you do if you're gonna get it.

You want to save money at the gas pump, yeah, you just get one of those big, expensive superchargers, you know.

Or, you know, if you can't afford it, and a lot of people can't, don't worry, your car will be charged in three days.

But you have someplace to go.

I hope not.

But it's true, you can find Tesla chargers at malls and restaurants and all over the place.

Gas stations,

movie theaters, places you pull up.

There's one, the place I take the kids to breakfast.

They've got two Tesla chargers right out in front of it for, I mean, they're rarely filled, but still they're there.

They're there.

A lot of times they're there in better parking spots than the handicap spots.

Oh, yeah, they're always in the front or close to the front.

Which is incredible.

But that network is built out relatively widely, depending on where you live.

You look at the other one, one of them is called called Electrify America, which is, I think, the Volkswagen one, and they're building it up.

And they have like fast chargers located like for the Dallas, Fort Worth area, which is a big, you know, city, huge city.

It's only on the like on the extended excurbs, right?

Like if you're going from here to Austin,

on the way out of Dallas, you can find a charger, right?

But that's it.

There's one place there on the road.

You better stop there or you're going to have to plug in and wait for three days at somebody's house, right?

You've got to stop right there.

If you're not driving a Tesla, if you're driving a Tesla, well, there's 15,000 places to go.

And they're building that out.

You know, you would think that maybe people would learn the lesson of a universal plug.

How about everybody just makes the same plug?

I mean, if I'm running a car company, I'd be like, will it work on everybody else's plug?

Oh, there's, there's already, even outside of Tesla, there's two different options.

You look at the places, some of these some of these charging stations have to have three different kinds of quote-unquote pumps to be able to hook up to the three different kinds of that is just so stupid.

I mean, eventually, it's I think it is going to unify behind something, but Tesla wants it to be there.

So, here's the here's the other thing: fine, fine, whatever.

If you're Volkswagen, make it like Tesla, you'll double the value, you'll double the value.

Anyway, um,

uh, another thing that he tweeted this weekend, let me see if I can find find the exact verbiage.

The more I study it, I don't have it right in front of me.

Hang on.

I think he said, the more I study it,

here it is.

I'm increasingly convinced that corporate ESG is the devil incarnate.

Now, that's saying something.

That's not Glenn Beck saying that.

No, that's coming from a guy who believes in global warming.

Built an electric car company.

Built a spaceship company.

Right.

Okay.

A spaceship company.

Right.

He believes it's the devil incarnate.

That's remarkable.

Anybody,

Elon Musk saying this will change the direction.

Because Elon Musk, there's a lot of people who, you know, don't listen to me or don't like me or whatever.

that's definitely

okay, all right, non-step

confirm, but Elon Musk

is

okay,

we got it,

but Elon Musk has such a wide reach universally.

Yeah, I get this from people all the time when we have events and stuff and people are walking around.

Like when we have the museum here or something, and we're talking to people who've been listening to the show for a long time, and they to convert it to this particular topic, it's I've had to listen to through, you know, get through 25 segments of Glenn blathering on about ESG scores, and I never heard it from anybody else.

And then all of a sudden, everyone's talking about it.

And that is, I think, the case here.

You're seeing it with Elon Musk.

You're seeing it.

If you read any financial publication, they're talking about it all the time now.

All the time.

These things, you know, people try to say it was a conspiracy theory.

Obviously, it's not.

It's something that is building in a big way, is already taken over Wall Street.

And like, you know, like the concept is somewhat understandable, right?

Like, if you could, if they gave you an option to invest in things that promoted the free market, promoted individual rights,

I would be for that.

It's like, you know what?

I don't like these algorithms that

sort my news.

Okay.

I'm not against them.

I'd like to control it.

Yeah.

I'd like less of this, more of this, less.

Give me a dashboard so I can control it and find the setting for me.

You know what I mean?

So I don't have a problem with that.

And if you wanted to do ESG, then could you do,

you know, one on the Constitution,

one on

values, one on, you know, not

having your son sell out to communist countries.

I mean, I just say.

It's not as catchy as ESG.

It's not, but, you know, Burisma would be out.

You know, Bank of China would be out.

The city of Moscow, I couldn't invest in.

You know,

if you wanted to have ESG, because this is the dumbest part of their argument.

This is only done for people.

A lot of people want to invest that way.

Yeah, I know a lot of people that would like to not throw their money behind places like Disney.

But are you showing me all the ones, all the companies that are so woke and are spending tons of money?

Verizon, giving money to Planned Parenthood.

I'd like just a fund called B for babies.

You know, hey, these are all the companies that are not investing in killing babies.

That would be great.

And you can pick whatever you wanted.

That's not what this is.

Right.

A menu of options is something I think

it is a free market thing.

However, the way that they're instituting the ESG is not necessarily stopping at a menu.

They're implementing it in a way that they can't get capital if they do not hit the requirements of this menu.

And so it's controlling the way that companies do business.

And that is the problem.

You know, you're like, how you can look at what has happened over the past couple of months and think that what we need to do is invest less in fossil fuels is beyond me.

We absolutely should be investing more.

Even Elon Musk, who is, again,

not just a global warming believer, but is completely insane in this belief.

Yeah.

I mean, he is farther to the global warming alarmist side than almost anyone I know in the entire public life.

He is literally that far.

He's done certainly more to not just step up and tweet about it, not just hashtag.

He's built multiple companies to address this.

He's He's risked his entire fortune to do this, to stop global warming.

And here is he, he's saying things like, hey, we need to really ramp up our oil and gas

drilling here in the United States because it only helps his company.

Right.

But it doesn't in the end.

By the way, the new budget from Biden, 11 different tax increases on the oil and gas industry,

which

the deduction, they're getting rid of the deduction for intangible drilling costs, which allows independent producers to immediately deduct business expenses related to drilling, such as labor, site preparation, repairs, and service work.

2014 by Wood McKenzie Consultant, repealing the deduction for those would result in a $407 billion reduction in investment.

Roughly 25% of the capital used by producers to continue investing in new projects.

Okay?

But only 25%.

That's one of the taxes that he's putting on oil and gas, plus your ESG.

Back in just a second, I don't know if you saw, but it looks like Russia is going on a gold standard.

Russia is saying you can only buy their

oil now and gas in rubles.

Nobody really wanted to do that.

So what did Putin do?

He said,

you know, 5,000 rubles is worth, I think, one gram of gold.

And you send him the gold.

He'll give you the rubles.

Then you can buy the oil and send the rubles back to him.

He's just, he's putting a gold standard together.

Not going to be good for those who don't have a gold standard because we are not even thinking about it.

And the world will reset.

Please.

Things are going to be so radically different soon.

And you're going to be in a situation where you're going to have to make choices choices that you're not going to want to have to make.

But by not making the choice to call gold line today,

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Please, please, by the way, him doing

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What do you think that's going to do to the price of gold?

And what do you think it's going to do for those who bought paper gold?

It could end that market.

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10 seconds, station ID.

So

I love Governor DeSantis.

I think he's great.

He was in a speech and he said he's thinking about reevaluating Disney's special privileges for Florida.

He said somebody said, hey, Disney has all these special perks.

Should you retaliate against them for coming out and demagoguing this bill?

I said, I don't believe you retaliate, but I do think, as a matter of first principles, I don't like special privileges in law.

Just because one company is powerful and they've been able to wield a lot of power,

you have no idea what that means to Disney.

That would be

massive to Disney.

When Walt first started to negotiate for Disney World,

he was buying up so much land and only all the states were vying for him.

Texas, I think it was Missouri, it was St.

Louis and Florida.

They were in the end.

At the very end, it was just between St.

Louis and Florida.

And St.

Louis would not.

allow a park that didn't carry beer.

I think that was the thing in the end that killed it.

And he wanted Florida really bad because of the sunshine.

But Florida knew what he had done to California.

And he said, I'm going to make whatever state it is, I'm going to make it the number one destination in the world.

And Florida wanted it really, really, really bad.

So he negotiated a deal.

If I put my park here, I'm practically not in Florida.

I don't have to worry about your laws.

He has the right or had the right to his own nuclear power facility.

He has the right to his own police force, his own towns.

That is property as close as you can get to not a part of Florida.

Nobody, I don't think anybody in the world

has this kind of deal with any land.

They wanted it so badly they gave him everything.

They process their own garbage.

They they have their own recycling.

They have everything water filtration.

They do all of it themselves.

They don't want the state.

That's why when you go to Disney, if you've ever noticed, as soon as you take the exit, all the roads change because that's their property.

They maintain those roads.

Those are their roads.

You do notice the difference.

You do immediately because it's theirs.

And you take away those special privileges and Disney is not going to like it.

Can you imagine Disney inspectors, you you know,

state inspectors coming in and inspecting absolutely everything?

And

I want to see your plans for this.

I want to see your plans for that.

What are you doing with your water and your garbage?

Whoa, whoa, whoa, whoa, whoa.

Your police.

Yeah,

let's talk about some of these things.

Now, some of these have gone away because of Walt's death.

They let them erode, but there's still a ton of privileges for Disney.

And

Governor DeSantis,

oh, I urge you, I urge you to open that up.

You want to see a corporation get really quiet?

Open that up.

Take those special privileges away.

That's why they're so arrogant.

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Okay.

Let me go back to

Ron DeSantis

coming out and saying, you know, I might look at some of these special perks.

You really want to change.

Well, first of all, let me say this.

Can you imagine if your family owned a huge swath of of land and because of that, you were just getting richer and richer and richer and more and more powerful in the state?

Do you think if

your parents set it up and then died and you inherited it, do you think your kids, the third generation,

do you think they're going to be in touch with the people?

You think that they're going to care really about anything?

Or do you think they're going to be so arrogant?

They've had no laws apply to them.

So they're special in the state.

Everybody else has to, but not us.

Do you think they're going to be monsters?

Yeah.

And the company has turned into that at some point.

Some monster.

So when you say they're not, they don't have any of these laws apply to them.

Like, you know,

there's a murder that happens.

The police could.

The regular police could.

Yeah.

FBI comes in for that.

Or it could be a state police, right?

Yeah, a state until the FBI arrives.

That's a

crime.

But

like, if you're

breaking a major rule, outside authorities may come in.

But if you're on the normal,

like, like, you're looking at the list of this, law enforcement handled by

their own jails, they have everything.

They have environmental protection.

Imagine a company with no environmental protection.

Imagine.

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

Imagine a company that is on swamp land.

Okay?

All that water.

They're on that land and they can move as much dirt anywhere they want, any way they want.

They don't have to care about, oh, the pockmarked, you know, alligator.

They don't have to worry about

any environmental

restrictions.

This isn't something the Exxon would dream of.

Dream of.

Right.

Okay.

They don't have to worry about that.

Imagine you are a company that is doing rides, roller coasters, all these things.

You don't have to worry about the building codes.

Don't worry about it.

So they get to judge the safety of their own rides.

Yeah, they have their own building codes, yeah.

Because

they were responsible.

They were...

a responsible, reasonable company.

And the reason why is not because of the amusement park.

Okay.

The reason why, Florida gave it to them because Florida politicians wanted the money and wanted Florida to become the number one destination, which it is.

This actually is one of those ideas that worked.

It worked.

The reason Walt wanted it, however, and would not negotiate on it is because he wanted to build Ebcot, which is not what you go to now.

Not an amusement park.

He was trying.

He wanted one, only because Roy made him, the Magic Kingdom was going to be the only only thing for rights.

That would fund Ebcot.

Ebcot, experimental prototype city of tomorrow, he was redesigning everything about a city.

I mean, everything.

And so

he wanted to have the right, I need nuclear power to run this.

He could build a nuclear power plant.

I'm going to put all of the traffic, you know, four stories below the city, all traffic.

Okay.

And he had the right to do any of it.

It's fascinating.

Still has it.

It's interesting because

as a person who likes limited government, I like this experiment, and I think there should be more of this stuff going on.

But they're the only ones that get it.

That's the problem, right?

It's just doled out to this one company, which now seems to want to get involved in state matters like the,

I hate to call it the don't say gay bill, but that's what everyone knows it by at this point.

Because this is sort of the tie, because I don't personally like the idea, and I know maybe this makes me a squish and a wuss, but I don't like the idea of just changing rules for unrelated revenge reasons.

Like, you did something I don't like.

You oppose this bill, don't say gay that I supported, and now we're going to come after you and punish you.

I don't

I don't like that because it has nothing to do with

their rights as a self-governing entity.

If the self-governing entity is bad policy, overturn it for that reason.

If it's good policy, not only keep it, but give it to others.

So this was good policy for a long time.

Okay.

But it's no longer good policy.

It's now become bad policy because they're so arrogant.

You want to stick your nose into.

Can you imagine?

Do you think SeaWorld got all those perks?

No.

Yeah.

So can you imagine trying to compete against Disney that can build a hotel to their specifications?

Not a single EPA guy comes out to say, you can't put that building here.

Nothing.

You want to talk about an unfair advantage?

That would be it.

That would be it.

Imagine trying to compete.

And

it actually hurts the city of

of orlando because you don't they have so much land if you're going to orlando and you're going to go to the park you're going to probably go there if you can afford to stay there okay

but the reason the reason they're gouging your eyes out imagine how much it costs just for the environmental impact in florida they don't have to worry about it oh my gosh and again like i think that seems to be the type of policy we should pursue for lots of companies if you buy your land you should be able to do that you want on the land.

You want on the land

within reason, right?

You don't like build your own nuclear power plant.

Yeah, that one might be a little questionable.

Well, that's when at a time, though, at a time we believed in nuclear power.

Yes.

Some of us still do.

There's a lot to be said for this.

But I think what Ron DeSantis is doing here is he's trying to say, you know, it's not revenge.

They have these perks.

And if they want to be involved in overturning laws, then they need to be able to do that.

Then they need to be a part of the state like everybody else, right?

Exactly.

Like step up to the plate and say, hey, I'm a full citizen of this community, and then my voice will matter more when it comes to state.

I believe they have their own educational system for kids.

I think they have their own educational system for their employees' kids on property.

And

they do their own thing.

Imagine that.

Imagine being able to be a

say.

It's incredible power.

I mean, yeah, Mercury Studios.

I'm going to set up a school next door.

I mean, nobody would, you would want to do that except for history.

We'd be very good at history.

Math would be like, I don't know, 12.

That's the highest number.

So 12.

It's all on this ruler here.

But

imagine that.

Imagine being able in your own town to not have to worry about going to anybody for any permit.

Just we're going to start our own school.

And you really do see the advantage this is.

It's not just a nice thing for Disney to develop their property.

It is a structural advantage against all the Universal and all these other parks that are sitting there trying to do this.

They don't have any of these perks.

Only Disney

and like, look.

I would like to see probably it go the other way and give more of these rights to more companies and private landowners.

But until you're going to do that,

you know, do they have this right to be singled out like this if they're going to come in and criticize the people of the state who elected these representatives to pass laws?

It's like,

if you want all this free stuff, zip it.

You know what?

If you don't want the free stuff, fine.

Complain all you want.

And you can be on the same playing field with everybody else.

If you want all this free stuff, if you want all these awesome perks, then zip it.

The reason why.

One of the reasons why Walt was so adamant about it, not only because of Epcot, but because he had learned.

He was over in California and he could not do things in California.

Imagine,

imagine if you had to build Disneyland in California today,

you couldn't do it.

Just the, he built that.

He was raising money the summer of 54.

Got the money in I think September,

announced it September, October-ish,

and cut the ribbon in July of 55.

You couldn't even get the calls.

They wouldn't have even called you back from the EPA.

And he got it all done.

But he got it all done.

That's why this is such a disadvantage.

You're right.

Repeal them for everybody.

Let's talk sanity here.

But nobody wants to be sane.

And I've seen some other people on Twitter and stuff saying, well, we should go after everything.

We should go after their trademarks for example no we should not like i don't think i i don't think they should be treated more poorly than any other company because they have an opinion on

a dumb opinion on a bill here's an idea what disney is experience experiencing is equity

i'd like equality

just because of their status they shouldn't get more Right.

And just because I don't like them, they shouldn't get less.

They should live under the same rule.

This is a crazy idea.

Everyone should.

Man, we should write this down because I find this almost self-evident.

Everyone should live under the same laws that everyone else has to live under.

Seems old and antiquated and dusty.

It does seem dusty.

Yeah.

Don't even write that down.

What a waste of ink.

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Yeah,

Welcome to the Glenbeck program.

Stu seems to have kind of a

tough time with this DeSantis.

No,

I am skeptical of things that feel revengey.

Like, was DeSantis planning on doing this before they came out against this bill?

No.

Like, it didn't seem like I didn't hear.

Well, I mean, but we weren't thinking about arresting Ted Bundy before he started killing people.

This isn't necessarily tied directly.

He's made a tie.

I like the policy, so I'm willing to accept his tie.

But do you think it's.

But I mean, like, clearly, he wasn't doing this two months ago, and now he's bringing it up because he's upset at the way that they're handling this, and they're coming after a law that representatives of the people wanted.

And his point is

the people of Florida want overwhelmingly when they're told what's in it.

It's a 70-25 issue.

Correct.

And they are.

I mean, think of Disney is not just Disney, but also the movies.

They're also Marvel.

They're also Star Wars.

They're the parks.

They are ABC News, ABC Television.

And they're also, what am I missing here?

ESPN.

I mean, their effect on culture.

They say don't say gay bill.

It's the don't say gay bill.

Oh, yeah.

And you can't find headlines

without that wording used.

I mean, the media has wholeheartedly embraced it.

And where did it come from?

You know,

I went back to try to trace down where this came from because it's always in quotes.

Well, who said it?

Where did it come from?

Who are you quoting?

Does anyone know who they're quoting?

I can't find exactly where it started.

The first tweet comes from some really random organization about the right to read.

And then

there's a bunch of, you know, rainbow Democrats and equality Democrats that all came out on the same exact day, seemingly out of nowhere, calling this bill the exact same thing.

It's really, really fascinating to trace the history back.

So I can understand why, look,

you don't get these perks

if you're going to try to

if you want to be a full member of society

in Florida, then you need to be a full member of society in Florida.

Florida, yeah, Florida didn't give it because of any other reason than they wanted the tourism okay

so they so disney made good on that and florida has been a good partner for disney yep um but now disney is changing the rules they think that they're big enough and important enough and they are they are bone crushing bone crushing if disney doesn't want something to happen look at their response to this 50 of their programming, think of that.

Think of the ripple effect of 50% of their programming being changed to LGBTQI.

Yeah.

50%.

That is earth changing.

Literally, globally changing.

You need special exemptions for what?

You don't need any special exemptions from us.

And, you know, if you want to be a good steward, I mean, you would have lost your EPA thing if you were out just shooting alligators all the time.

Yeah, right.

You know, for sports.

It's an unlimited.

Yeah, they're a good, they are a good steward of the property.

However, you're not a good steward of the other rights that citizens have.

You don't even play game.

You don't play ball at all.

You're on your own separate court with your own rules.

And you're telling us how to play the game?

No.

You get into game and you're playing by the rules everyone else has to play by.

then we'll listen to your opinion.

Yeah, I think that, you know, you got to make the decision: is it good policy or not?

It stays if it's good policy, but I would like to see any, I'll give those rights to anybody who's

generally speaking a good steward of the community and will zip it on these issues and stay the hell out of them.

Stay the hell out of these issues.

Mind your own business if you want perks like this.

Do what you do.

That's it.

That's it.

Yep.

Just dress up in a big clown or a mouse costume and make my kids happy and shut up.

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