Battling Solar AND ESG Threats | Guests: Carol Roth & Stephen Soukup | 2/10/22

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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 Glenback program.

Hey, everybody, the new inflation number is in.

Hey,

It is so great, too.

I mean, it's not 20%.

You know,

it's not 20%.

It's not 30%.

It's not 45%.

It's a little more than, you know, transitory

and a little more than they expected.

But the great news is we're setting records.

We're setting records.

It hasn't been this high in over 40 years.

Yay!

We'll give you all the news coming up.

As usual, Stu

is

taking his elitist trip to the

Super Bowl.

Every year.

Every year.

So anyway, I'm glad this year he has to wear a mask.

He says he's not going to.

Oh, did he?

What a rebel.

He will.

I've already reported him in advance.

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Wow.

I am so excited.

I am so excited.

It's not every day you can say we have the highest inflation rate since 1982.

It's they were expecting a 7.2,

a little higher than that.

It was 7.5.

And

I'm just, I'm excited.

I'll be really thrilled when it gets over 10%.

So,

yeah.

It'll be fun to pay more, won't it?

Won't it?

Yeah, it'll be fun.

So this is like the government, because the government is doing this.

They're printing and spending all of this money.

And so that's why you have now

7.5%

of your dollar is just gone up in smoke.

Congratulations on that.

Now imagine, remember, Joe Biden said, I'm not going to tax anybody.

I mean, the wealthy are going to get a tax, but not the average man.

You just got the, because it's the government doing this, you are now paying 7.5%

more in taxes.

And that's this month.

It may be 8% next month.

By the end of the year, it will be 10%.

Congratulations.

I think this is great.

So another 10% tax coming your way.

And nobody has to vote on it.

It's the perfect progressive tax.

How much were the banks getting from the Fed, like nightly for a really long time?

They're still getting it.

And that's what I thought.

Yeah, they're still getting it.

It continues.

Well, it was up to

$1.5 trillion.

Cumulative, right?

No, no.

No, every night?

Yeah, every night.

Sorry, every week.

Every week.

Every week.

$1.5 trillion a week?

Yeah.

And it's been 95 weeks.

So

you do the math.

That's a lot.

Yeah, that's a lot.

That's a lot.

Yeah, yeah.

And we're at 7.5% inflation.

Oh, this is just the beginning.

That's a gift.

Yeah,

this is just the beginning.

This is just the beginning.

Unreal.

You are going to see the collapse of the U.S.

dollar.

There's no ifs, ands, or buts.

It's coming.

We know the Federal Reserve, because of a FOIA request that

was filed in 2012, because you can't question what the Fed has done for two years.

It's like the Capitol Police, but Capitol Police, you can never question them.

The Federal Reserve, you can't question, you can't ask for any information for two solid years because, well,

national security reasons.

It's not on your beeswest.

Yeah.

So

they said to us in 2010, they gave, they bailed the banks out, which I love, they bailed the banks out because the banks were becoming too fragile.

Who is the Fed?

It's not a government agency.

Who is the Fed?

Banks.

The banks.

So they came in with their one suit and said, my gosh, these banks have been irresponsible and they've got to clean their mess up, but we've got to bail them out.

Otherwise, the entire thing collapses.

And then they changed suits and they're like, and we really will change our ways soon as we get this money from the Fed.

And then they change their suit back into the Fed suit and they're like, you better learn your lesson.

Here, here's $5 trillion.

That's what they told us in 2010.

The number that they gave in 2008 through 2010 was not $5 trillion.

They lied to us.

It is now officially, we have the records,

$30 trillion they gave to the bank.

And experts say, not sure any of that has ever been paid out.

And now they're doing over a trillion dollars every week for 95 weeks.

That can't be a problem.

It's not a problem at all.

Not a problem at all.

By the way, something else we exposed on TV while we're talking about the Fed, something else we exposed on TV.

You know,

we told you that the government was making money on the Pfizer vaccine.

And we thought that might be something that they should tell people.

You know what I mean?

That maybe why they're forcing everybody to get the vaccine is because they're making a profit.

Now, imagine, imagine in any other scenario, you knew that somebody was making a profit on it and they were saying, this is the worst thing ever.

You all have to.

In fact, I'm lobbying the government to make sure that everybody gets it.

Everybody would say, ah, we got to take his word, you know, kind of

with a grain of salt, maybe an entire salt mine because he's making so much money on this, right?

Wouldn't we?

We have now verification.

There is a Fed account

set up at the Fed for the federal government for all of the deposits of the dollars that the United States government is making on the vaccine.

I got the paperwork, showed it last night.

Huh.

Ha, Nobody cares.

There is the paperwork there.

Nobody cares.

Nobody cares.

The corruption is unbelievable.

Unbelievable.

Unbelievable.

We really

need to pay attention.

I've got a guy who's been watching this for, oh, forever.

He wrote a book about a year, year and a half ago on, you know, ESG, what's coming, et cetera, et cetera.

Nobody paid attention to it.

Maybe we should have.

No, we should have.

No maybe's about it.

And he can tell you exactly what's going on.

But more importantly, he also can tell you who's involved and what you need to do.

And I will tell you, as Pat and I were talking today,

yesterday I read to you the Department of Homeland Security, their latest terrorist bulletin.

And they say the number one threat,

these podcasts that are just spreading false information and conspiracy theories.

Can't have it.

No, can't have it.

By the way, in a completely unrelated story, the World Economic Forum, you know, the people behind the Great Reset,

they also came out and they did a 10-day, you know,

trial run, if you will, a war game of what happens if the financial system starts to collapse?

What do we do?

Well,

they figured out in this 10-day war game that the first thing they have to do is silence the voices that are providing misinformation, disinformation, or making people question the official story from the United States government or the governments anywhere around the world.

So they got to shut these podcasters down.

I guarantee you, there's coming a time you will not hear my voice.

So please do your homework now.

Know it.

That's why I'm so frustrated with the book.

You can buy the Kindle book.

You can buy the audio book.

And the audio book is really, really good.

Somebody unbelievably talented read it.

But it's a really good thing.

But you have to have a paper copy of the book.

You have to.

You have to,

because you have to know what the corruption is and

where it's going, where it's coming from.

I will tell you you that

one of my producers

last night before we went on the air said, hey, I just want to show you a chalkboard that you did in, I think it was 2016 or 2017.

And it was the things to watch for

for the new world order.

Didn't know what it was going to be called.

At that time, didn't know the great reset.

Just called it the new world order.

And I said, there's going to be four things, and they're all going to cascade into each other.

I said, I don't know what comes first or whatever, but this is what we have to watch for.

One, polarization leads to civil unrest.

Are we there?

Are we there?

Oh, yeah.

I mean, look at what's happening.

Next hour, I'm going to tell you a little bit about Canada and the truckers.

Look what they're doing with the truckers.

And now the Department of Homeland Security just released another bulletin.

Said, looks like maybe this weekend these truckers in America are going to start doing this.

And the Department of Homeland Security is on high alert.

And police officers and highway patrol need to know this may be coming through your town.

Excuse me?

This is our freedom of assembly.

We can do this.

What are you talking about?

They're radicals.

They're dangerous.

They're terrorists.

They're going to occupy places.

Really?

Like occupy Wall Street?

Like that?

That you didn't shut down?

Because they had a right to be heard?

A right to be in the streets?

Remember that?

So polarization leads to civil unrest.

The second one is economic destabilization, volatility, stocks, banks, and prices.

Good thing we haven't seen any of that.

I haven't seen any of that.

Three, this one is the only one that we're a little behind on.

Tech disruption, jobs, finance, communication, and privacy.

We're on the privacy thing.

Communication, they're shutting down, but jobs is the big one yet to come.

And the fourth one, and I said, this is what's going to push us into the new world order, because these people will collude.

Listen, trust implosion, government, media, tech, finance,

justice,

EDU, and big corporations.

Said that five years ago.

That's before we knew anything about CRT.

That's it, big corporations, before we knew anything about ESG, justice, before we knew anything about the FBI.

This is

here.

Everything that we talked about in the past, if you've ever, ever put any credibility in what I say, I am telling you, it is here right now.

And it's time for us to be really, really calm, very confident,

but start to do the things, the only things that you can do to stop this.

And, you know, it's not violence.

It is standing up.

It is standing up.

It is standing up in your local zoning board meetings, in your local school board meetings, at your local schools.

You notice these states are now starting to drop all of the mask mandates, except for your kids in schools.

Now, why would that happen?

Other than the fact that the unions

rule our schools and all of the governors and everybody else are afraid of the teachers' unions.

Stand up.

Where are the teachers that say enough is enough?

Enough is enough?

Are they going to rise up?

Are the police officers?

Where are the FBI agents that know their Justice Department has gone corrupt?

Where are they?

Because I really want to believe in the average FBI guy, but if you remain silent, I don't have any confidence there's anybody on the inside that's not part of it.

It has to change.

Silence in the face of evil is evil itself.

Not to stand is to stand.

You're not going to be held.

Blameless for this stuff.

You're not, unless you stand.

Now is the time that we have to stand up in our own communities in a peaceful way, in our own jobs, and say, no,

nope.

You know,

you want to do a little meeting

where I have to confess my privilege?

No, no.

I confess to an almighty God.

I don't confess to the mob.

A mob that says there is no forgiveness.

I recognize my whiteness.

I call them blessings.

And I think everyone should recognize their blessings, no matter what color or what they have or don't have.

And every night, I recognize the privilege that I do not deserve.

I don't deserve the forgiveness.

I don't deserve the planet.

I don't deserve my ease of my life.

I know it's a gift that I was born in this country.

And yes, white.

I know those things.

And that's why I get down on my knees every day and thank my God

for those blessings and ask him, how can I serve you?

And his response is, help

your fellow man.

And that's my

addressing my privilege.

And I do it to God every day, not to a mob, not to a mob.

And I would suggest that all of us who do believe in God, we start saying those things.

We start recognizing our privilege and get on our knees and thank God that we live at this time in this country, but recognize that that means we have a responsibility to stand up for Him and all the others that are going to be destroyed by what is coming.

Stand up for your fellow man

and

choose your God.

Choose your God.

Is it the government?

Is it social media?

Is it status?

Is it the mob?

Is it socialism?

Is it social justice?

Or is it, I hate to sound old-timey, but God.

God, God.

Which one?

Choose and stand.

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10 seconds station ID.

All right.

So

Pat and I were talking today

on his show about, okay, so what do we do about ESG?

Let me explain what's happening right now to your money.

The Federal Reserve is printing money like it's going out of style.

Thus, the 7.5%, which is a gift at this point, it's so low.

The 7.5%

inflation rate.

That's because the Fed is just printing money and giving it to whom?

The big banks, which is them.

Bank of America, Citi, Chase, Wells Fargo, all of those, JPMorgan.

Then the banks,

they give it to BlackRock, Blackstone, Vanguard, all of these other big companies that are investing in the future.

BlackRock then buys

many times controlling shares of companies.

Apple, Nike, Coke, Carhartt, Disney, ESPN, all these big companies, they're all getting money from Vanguard, Blackstone, BlackRock.

Those investment firms are saying, yeah, I'm not going to invest in you unless you have a good ESG score.

and so you're not going to get any of the money

Bank of America City Chase Wells Fargo they are also saying the same things we can't give you loans unless you have a good ESG score

this is all started really the big kingpin here is blackrock

I'm going to tell you what you need to do to stop this.

There's two things that you personally can do

and need to do,

and we'll tell you about it next

the Glenn Back program oh every device that you own which can go online

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I mean, really, your refrigerator.

You put just what's in your refrigerator along with other metadata of yours and give it to China.

They know who you are.

They know everything about you.

That's one kind of cyber threat.

The other is these cyber criminals that come out and they either extort you because they have all of your information and your keys,

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I want to introduce you to somebody that I just

met over Skype last night,

and I wish I would have known him a long time ago.

You could have set me straight a long time ago.

He is the director of the Political Forum Institute and the author of a book that came out last year, The Dictatorship of Woke Capital: How Political Correctness Has Captured Big Business.

His name is Stephen Sukup.

And Stephen, welcome to the radio program, the Glenn Beck program.

How are you?

I'm well, Glenn.

Thank you very much for having me.

You bet.

Now, you were on with me last night,

and

we talked for about 10 minutes.

And I think there's a lot for people to go back and watch the TV show on Blaze TV and get that.

I want to start with the number one question I get from people.

Glenn, why would these big corporations do this and sabotage capitalism?

Can you answer that?

I could try.

Generally, when we're talking about corporations that are going woke, that are embracing this cultural leftism, most of them are getting pressure from one of three directions.

They're either getting pressure from the bottom up, which is employees who are interested in changing the politics of the corporation.

They're getting pressure from the top down, which would be from the C-suites.

Disney, for example, when Bob Iger was the CEO, was definitely moving in that direction because that's what Bob Iger wanted.

And then companies also get pressure from the outside in.

This includes activist shareholders, it includes just general activists, and it's all sorts of people who want to put pressure on these corporations to take a political stance.

So, how many of them are really aware of ESG

and what the World Economic Forum is going to use these things for.

How many of them are like, yeah, I'm on board with that?

Well, I think there's probably a bare minimum that are on board with it, but most of them are scared to death to resist.

They know what happened to Exxon last year, for example,

when engine number one, a small hedge fund, decided to try and put environmentalists on their board of directors.

What happened was all of the large asset management firms, BlackRock and State Street and Vanguard, all threw their weight behind the environmentalists and in fact replaced three of the company's directors with these radical environmentalists who want the company to quit producing fossil fuels.

So the leaders and the directors of these companies understand that there are people out there who wield an awful lot of power and can do an awful lot of things if they don't comply.

So I think most of them are just complying simply to save their own skins.

Which would be, I mean, historically, that doesn't work out well.

Because if you don't,

you don't stand up, you end up selling your soul, and you're like, oh my gosh, now I'm in real trouble.

Correct?

Right.

Yeah.

Yeah.

That's, you know, in the book, I believe I refer to it as Churchill's Crocodile because of a phrase that Churchill said that, you know, it's, you feed the crocodile eventually.

You know, he waits to get you last, but he eventually gets to you.

Yeah.

So last night we started talking about what people can do about it.

And I have said move your money.

One of the first things you can do, move your money out of these big banks that are pushing ESG, move them into credit unions or local, local, local banks that keep their loans, et cetera, et cetera, and are promising to stand against ESG

and are pouring money into your local economy.

That's an important thing.

The states have got to pass anti-ESG financing laws, and we've got 20 states that are working on that right now.

But you said you proposed another idea that I hadn't thought about.

And

this one sounds really effective, and it goes right to Vanguard or BlackRock, et cetera.

Yeah,

if people are interested in stopping what's going on, then they need to be interested in where their investments are, where their retirement savings is being invested, because the chances are pretty good that it's being invested in companies like BlackRock, like Vanguard, like State Street, that are pushing this very political agenda.

You know, one of the things that the states have done is to take some of their funds, the funds that they have direct control over, and remove it from BlackRock investment funds.

Because specifically, they don't want to allow BlackRock to use their money to leverage Larry Fink's political goals.

And that's the type of thing that you can try to do on an individual level.

Now, if you work for a big company with a big 401k plan that is centered in a city a long ways from you, that you're not going to have a whole lot of luck trying to get them to change their minds about where to put the 401k plan.

But the truth is, most Americans work for small businesses.

Most Americans know their employer.

Most Americans have an opportunity to change how their retirement funds are being used.

And this is important for a couple of reasons.

Not only does it stop or would help stop

these companies, once you take the money away from them, they're in trouble.

But the other thing is, is if you look at BlackRock's philosophy, et cetera, et cetera, and all of these ESG companies that are investing your money, they are not looking at profit anymore as the main driver.

In fact, they might take deals that are worse for you,

but better for the environment and social justice, etc.

Correct?

Yeah, that's absolutely true.

You know, CalPERS, the California pension system,

the public pension system is California, was among the first large asset management firms to go woke, to say, you know, this is something we're going to do.

We're going to invest in ESG.

And their returns have consistently over five, six, seven years been 2% to 3% lower than average market returns, which is to say that they're achieving their political goals while at the same time punishing the firemen in Sacramento and the policemen in Encenito and all of the public employees who are counting on this money for their retirement.

They're getting them less returns in order to push their political agenda.

So how does that work with fiduciary responsibility?

Well,

they touch it.

You know, Larry Fink just put out his annual letter letter to CEOs last week, and he said, look,

it is my fiduciary responsibility to find companies that are preparing for net zero and are preparing for the climate that's going to be surrounding this transition in the way we produce energy.

And if I didn't do that, then I wouldn't be

meeting my fiduciary responsibility.

So he's basically making up a new category of responsibility.

And the sad thing is that the the SEC and the Department of Labor and all of these government agencies that are pushing ESG investments essentially are enabling him to do so.

So if you are in any kind of index like your money is with Vanguard or what are the big ones?

Vanguard, Blackstone, BlackRock.

Right.

The big three generally are considered to be BlackRock, State Street, and Vanguard,

who together have just over $20 trillion in assets under management.

And so if you can, get it out of those three, because they're really leading the way for

them whether you are invested in an ESG fund.

They will take any fund, any leverage they have, any money that they have to use against companies and push their political agenda.

It doesn't matter if it's ESG.

As you mentioned at the beginning of this interview, Larry Fink has decided that the most important investment criteria for

his firm to look at is sustainability.

It's no longer pure profit.

It's about sustainability.

So what they're doing is they're taking a different approach

to the purpose of a corporation, and it's going to cost people in their retirements.

And it's happening even at our Treasury.

It's happening all over the world.

The governments are doing the same thing.

Well, Well, it's not necessary, you know, not necessarily the best thing in the short run for people or for

even the economy, but it'll be better in the long run, which I can't see how it is.

Can you?

No, I absolutely cannot.

And in fact, I think that Boris Johnson is going to find out pretty quickly.

They're going to end up

with a new prime minister, and he's going to claim that it was because he kept going to having Christmas parties.

But the truth of the the matter is that his conservative transition to net zero in Great Britain has cost the British people an awful lot with rising energy prices and an energy crisis.

And this is what the future looks like in a net zero environment.

Trevor Burrus I can't understand why more people aren't concerned.

I mean, I guess because they just don't think it could ever happen here.

But the direction we're running with all electric cars being rolling out of the factories, all electric cars rolling out of the factories

by 2030.

The death of the gasoline engine, the shutting down of coal plants,

the fact that we're no longer investing in any fossil fuels.

This will just cause misery and death all over the world.

You can't do that in eight years.

Right.

Yeah, the only people who seem to acknowledge that at this point are the Chinese Communist Party, who has said that it will do its best to transition, but it's not going to punish its people for its transition to a zero-carbon future, that it will do whatever it has to do to make sure that its people have the energy it needs to continue to be economically productive.

You said last night, and then I'll let you go, but you said last night that the left has tried everything for the last hundred years.

And they've kind of captured everything, but this is the final piece.

They finally, really understood it.

Can you go through that?

Well,

if you look at the history of the way the cultural institutions in the West have evolved over the past hundred years,

one by one, they've all fallen to what amounts to cultural leftism.

The only one that stood standing from about 1970 onward was big business.

And now big business obviously is the final target.

If big business falls, then there's no bulwark to stop it.

This is essentially the way our society becomes.

They've captured every institution of cultural transmission in the West.

And

that's pretty much the end of it.

Yeah.

The way you phrased it last night, they tried with the Supreme Court.

They did Hollywood.

They took education.

And this is it.

This is the last piece.

It's quite fascinating.

Thank you so much for being on.

I hope we get a chance to talk again.

Appreciate it.

God bless.

You bet.

Thanks, John.

You bet.

That's Stephen Sukup,

who is the author of a book, came out about a year and a half ago, The Dictatorship of Woke Capital, How Political Correctness Captured Big Business.

I really believe that

this was set into motion back in the 80s

because of Reagan.

And that was the whole thing about the Tides Foundation.

We got to get and capture the board of directors.

And that is exactly like he said.

These companies, some of them are afraid to go the other direction because of the pressure.

And they saw what happened to

Exxon.

How do you put three environmentalist wackos onto the board of directors for Exxon that want Exxon to get out of the oil and fossil fuel business.

You do it because the Tites Foundation worked

and they have captured and will continue to capture the board of every single big business, which is why it is so important.

Local, local, local.

Don't support any of these big businesses if you can do business locally.

Bill Barr is

our sponsor this half hour.

Bill Barr is just the best and they're always coming out with new flavors.

Pat said to me just a few minutes ago, we were talking off air

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We're going to talk about inflation and the things that you can do.

Inflation numbers came out today.

They're higher than what they were saying.

What was a surprise?

And they were saying we're going to be bad at 7.2%.

It is now 7.5% inflation.

Prices at the grocery store are going up again.

Your gas price is now, on average, close to $4 a gallon.

The Democrats are now thinking, we should suspend the tax on gas.

Really?

Really?

How are you going to pay for all the crap on infrastructure that you say you have to pay for now?

That's one.

And two, you know, there's a better way of doing it.

And that is just

rescind all of the executive orders.

Let people start

drilling for oil again and building a pipeline, and we will become a net exporter of energy, and the price will go down dramatically.

No, no, no, because that hurts the environment.

Okay, all right.

So

don't be fooled.

They are going to be claiming victory on COVID.

They're going to be claiming victory.

They're going to do things like they will temporarily ban the gas tax.

I think they will do this.

And you'll start to feel less of the pressure before the election.

And they'll say, see, I mean, we did these things.

Uh-huh, uh-huh.

And after the election, that gas tax will go right back into place.

They don't want cheap gas.

By the way,

Pat was just saying, I didn't know about BlackRock.

Quickly.

They gobbled up Merrill Lynch, Barclays, State Street, Helix Financial.

I mean, these are massive, massive financial institutions.

They own them all.

They're the ones pulling all of the strings.

They are the puppet master.

This is the Glenn Back program.

Let me just say that American Financing would like you to look at your mortgage, consolidate your debts at a lower interest rate, explore other types of loans.

You know, there's some things going on.

Rate hikes are coming.

If not, inflation just is going to keep barreling through.

But rate hikes most likely are coming.

What does that mean for you?

Your credit card interest is going to go up.

Anything that you owe that you don't have locked into a fixed rate, it's going to go up by a lot.

So please consider calling American Financing now, 800-906-2440, or go to AmericanFinancing.net, AmericanFinancing.net, 800-906-2440.

They don't work for the big banks.

They work for you.

All right, we're going to talk a little bit about inflation.

Also, how to research your bank's

ESG activity.

How do you find

the

bank that you should be banking with at this point?

We have Carol Roth joining us here in a second.

Stand by.

Got no room to compromise.

We gotta stand together, it's the chorus of life.

Stand up straight and hold the line.

It's a new day of time to rise.

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

This is the Glenback program.

That it is.

That is.

It's my birthday,

and somebody just sent me some amazing cake.

But

the good news is we have Carol Roth here.

So I can eat while she's talking about some very, very important things.

The new inflation numbers are out.

What does this mean to you, your pocketbook?

It's worse than they were expecting.

What a surprise.

We go there in 60 seconds.

So

Rough Greens, which is not a dog food, it is a little like,

well, I just got this

big boxing from the Cake Girl, season four, rough.

Happy birthday, Glenn.

Hope it's the sweetest ever.

Thank you for all your support.

Means the world to us.

The Cake Girl team.

Probably shouldn't talk with your mouth full, but

it's hard not to when your mouth is full.

And

you talk for a living.

You know what I mean?

Right.

If you've never heard of The cake girl go to her

go to her uh instagram page they make these little i don't even know they're jars of cake

and they are so so good unbelievably good anyway we were supposed to be talking about rough greens which i think our dogs feel like rough greens like we feel about the cake girl um

your dog will love it my dog did not eat his food ever had to hand feed him it was just a nightmare every time we had to feed Uno.

Now, he runs to the bowl and we feed him the same dry kibble food.

It's not a food with rough greens.

It's a supplement you put on the food.

And they not only love it, but I'm telling you, they change.

Try this.

You can get a free bag just to try out and make sure your dog loves it.

If your dog loves it half as much as Uno does, keep feeding them whatever you're feeding them and put rough greens and mix it in.

You will see a difference in your dog.

Roughgreens.com, R-U-F-F-Greens.com/slash back.

All right.

It is always a privilege to have somebody that I honestly have been looking for for 10 years plus somebody who speaks the, you know, common person's language and sees, you know, what's going on with money.

and can actually not only explain it to the common person, but sees it from the common person's point of view.

Like, what does that mean for groceries?

Her name is Carol Roth.

She is the author of The War on Small Business.

She's a former investment banker, a Wall Street investment banker.

And we've invited her on to talk about the new inflation numbers and also the things that you need to do.

She wrote a great article on the 11 things.

Was it 11 or 10, Carol?

It was 11.

With inflation, it's 7.

It's 7.

everybody needs to do right now.

Carol, welcome to the program.

How are you?

I'm doing well, first of all, happy birthday.

The good news is with inflation, it is now only your 29th birthday.

So that's a fantastic thing.

That is great.

I should have known that we are both Aquarians.

It all is like coming together.

Yeah, okay.

I don't follow that stuff, but

somebody said Stu has his birthday yesterday.

Sarah Gonzalez, who also works here, has her birthday this week.

And they said, not only guys all kind of think alike, but you're all left-handed.

Are you left-handed?

I am ambidextrous.

And

I typically write with my left-hand.

I pick sort of one to go with for each activity, and the writing is typically left.

Yeah.

Wow.

Okay.

So, Carol,

let's talk about the new inflation numbers.

It's worse than they thought it would be, and they thought it was going to be bad.

They thought it would be 7.2.

It's now 7.5.

Is that three-point difference, you know, or three-tenths of a point difference?

Is that significant?

I mean, it's significant if you're going out and you're shopping and buying gasoline and trying to live your life, certainly.

Other than that,

it's significant in terms of the market and the Federal Reserve and the decisions that they are going to make in terms of raising interest rates and how fast they do it, how often they do it, and how big those might be.

So we knew, well, anybody with a brain could have predicted this entirely predictable outcome.

We knew that it was going to be a very high number.

The fact that it is slightly higher than the high number that everybody was projecting means that it puts more pressure on the Federal Reserve to raise interest rates, which ends up flowing through the economy.

So if you're somebody sitting at home going, well, you know, why do I really care about that?

Well, it ends up flowing through and affecting things like mortgage rates and credit card rates and likely and uh you know so on and so forth the one thing that it probably won't unfortunately um affect that much is the rate that you get on your savings in the bank uh typically it would but in the scenario that we've had uh over the last you know couple of years years but even the last sort of 10 to 15 years is the reality is the banks don't need that much money to be able to lend so of course the individual consumer is getting screwed in all of this um and you know that is how it really impacts.

You know, it's really amazing to me.

There was a big meeting on Wall Street held with the president, and he just, it happened just either this week or late last week.

And he went over inflation and everything that is happening.

I don't really even know what he said, but he's telling everybody on Wall Street, he's telling everybody in the big banks, prepare, buckle up.

And he's not saying that to the American people.

We are really, for the first time, I feel

the power of the elites.

They don't seem to care about the average person.

No, I mean, you can see in the telegraphing of the inflation, either the people who are making multi-trillion dollar decisions either don't have any idea what they're doing or they are blatantly lying because anybody with a brain could have figured this out.

They told us there wasn't going to be inflation.

It wasn't going to be material.

It was going to be quote unquote transitory, that word that we heard over and over again, meeting is refleeting.

Then we heard it was going to be good for you.

It was only going to impact the rich.

You know, I remember back last Fourth of July, while they were trying to tell us how great it was, we were going to save 16 cents on our Fourth of July barbecue.

Now we have the highest inflation rates in 40 years.

And the reality is that some of the costs really haven't started to flow through the system.

You have companies like Coca-Cola and Unilever who are just now talking about the ability for them to pass pricing increases on to the consumer, which means that they have not finished doing that yet.

You have all of these jobs yet to be filled, which means people are going to come in and demand higher wages.

That is going to flow through the companies, make it more expensive for them to operate, not only from their own employees, but from all of their vendors.

and suppliers employees who are now having to raise their prices.

And so that means that's going to get passed on to you.

And then that means, okay, well, I need more money to live.

So I'm going to go back and ask for a raise.

And this ends up in something that's called a wage price spiral,

which again means that your dollar is buying fewer goods and services.

Right.

And once you hit that spiral, it is really hard.

That's what, you know, that's why when inflation was coming and Joe Biden was like, you know, the reason why people aren't, we're going to, you got to pay them more.

And I thought, you can't spend this money and tell companies to pay people more because when inflation hits, that spiral begins.

And how do you get out of it?

Except at higher interest rates.

I mean, this is the point that I've been making for so long is people want higher wages.

But if your wages don't keep pace with inflation or even exactly with inflation, you're not getting anything more.

So all of a sudden, we're going to end up paying $23 for a slice of pizza.

Sure, you'll have a higher wage in terms of the headline number, but it's not buying anything more.

It's that buying power that we really care about.

And unfortunately, because we don't have financial literacy and economic literacy in this country, even though we pay for the education, we should.

This is the mentality of too many people, and they keep pushing these programs and this agenda that keeps stoking inflation and decreasing the purchasing power for the average American.

And I really think this is going to work because of an uneducated

country.

This

Build Back Better is now being billed as we're going to pay for your health care, we're going to pay for your child care,

we're going to help you out with your rent, all of these giveaways, which is not that is, I mean, remember, Build Back Better is about infrastructure, about changing everything.

That's this is the stuff they want people to focus on.

But when you

hold that out to people who can't make their rent, can't afford childcare, then

the longer this plays out, and they will get this through at some point because they're causing all of the problems.

And people won't realize, well, that's going to make things much worse.

Absolutely.

It not only gets more people on the government dole, it puts more into the government purview, but then it ends up increasing the costs for everybody.

All you have to look look at to see this playing out is the nationalization of the student loan industry and what happened to the price of college once the United States government decided that they were going to be the primary lender.

And unfortunately, again, because we don't have this sort of core financial literacy, now you're getting these colleges who are selling high five and six figure educations that are worth a fraction of that, frankly, to teenagers.

I mean, the government is the largest predatory lender in the entire country.

And you're going to see the same thing if they start doing this

with things like

daycare and other services.

Those are going to continue to increase in cost.

And the cost of living for everybody is going to go through the

roof.

And we are not going to have the wealth creation opportunities.

We're going to end up, best case scenario, like Europe in a giant welfare state.

And worst-case scenario, you end up like Venezuela.

It is terrifying because it seems to me that we are on the track of Venezuela,

not a welfare state.

I don't see how you stop this with the current thinking, not only in Washington, but in business, the thinking of BlackRock that now is taking people's investment money.

And they have openly admitted it's part of their policy.

We don't necessarily look for the best return on investment.

We look for the best return for the environment and social justice and governance.

I don't think the people who are putting their hard-earned 401k money into the hands of Vanguard or

BlackRock are really that interested in social justice over return on investment.

And no one is telling people this.

They are impoverishing people while they're getting wildly wealthy.

Yeah, all of this is the disruption of the free market, freedom, choice, transparency, guardrails of property rights, and basically, you know, a whole bunch of people making decisions.

Instead, we are moving towards a situation where you have a handful of people who are making decisions on behalf of everybody.

They're using force, coercion, and control.

And as we've seen, I mean, look at the inflation scenario, which has been entirely caused by the government.

When you have a handful of people who are making these decisions, they say they know better, but they never do.

They just don't have all of the information that is processed when you have millions or billions of transactions going on.

And so the idea that they can engineer, oh, here's where we think the dollars should be going, not based on any business metrics, but just based on their pet projects, it's no different than the government doing that allocation.

And it does, it decreases innovation, it decreases choice,

and it threatens our position as that innovative leader in the world.

Unfortunately, and I've said this to you before: we are that skinniest kid at Fat Camp.

So we don't have another country out there that's really in a great position to step in and fill that void.

And that's unfortunate, not just for the United States, but for the world.

Yeah, you know, what is terrifying about that is

that's what I guess you could tell yourself if you were in a cancer ward and

everybody had cancer worse than yours, but yours was still maybe terminal, but you'll be the last one to die.

That's not comforting, at least to me.

That's assuming that no one out there in the entire world, no country is going to say, you know what?

Screw this.

Let's do something entirely different.

I mean, that's what America did

in the 1700s.

We said, screw this.

It doesn't work.

Somebody is going to do that at some point, and then we're screwed.

It's just not good.

I want to talk to you.

I'm going to take a one-minute break and then I want to talk to you about

what people should do for inflation.

I thought you have some really good tips for the average person.

And then I want to talk to you about how to find a bank.

How do you find the right bank?

We'll do that here in just a second.

American Financing, NMLS, 1-82334, www.nmlsconsumeraccess.org.

By the way, you want to understand what happened during COVID and the war on small business, make sure you get Carol's book, The War on Small Business.

It outlines everything that happened and why they did it.

Let me tell you about American financing.

A lot more to mortgage refinance than just a lower rate.

It's an opportunity to

access home equity, fund home improvements, maybe, and I highly recommend this, pay off high interest debt before the rates rise again.

All of these things are more possible when you give American Financing a call.

American Financing, the only lender I have ever recommended, their salary-based mortgage consultants are in it for you, not the bank.

They're not getting kickbacks from the bank.

You know, can you just push people into this?

They don't do that.

Make the call to American Financing today.

A loan with them could change your financial future right now.

You can skip up to two mortgage payments and close in as little as 10 days.

Call American Financing, 800-906-2440 or AmericanFinancing.net.

AmericanFinancing.net.

10 seconds station ID.

Out of respect for our guest, I will not take another spoonful of the cake girl cake that was sent to me on my birthday until, you know, our next commercial break.

Carol,

talk about what the average person needs to do right now or needs to think about right now to protect themselves from this coming inflation.

Okay, Will, but I have to say, I want to jump through that screen and have some of that cake because it looks absolutely amazing.

You have to have, I've never, I grew up in a bakery.

This is the greatest invention.

It's cake in a, it's like, it's not a cupcake, but it's cake in like a jar or a cup, and it is so unbelievably good.

Anyway, that's a, that's amazing.

I appreciate the respect for not tempting me with that.

So it's really important if you are a family and you do not have a budget that now is the time to make one.

And you have to really look at your different expenses.

If you have subscription services that you're not using, normally I'm able to cut out a couple hundred of those a year.

If you have a trip that you think that you might be taking, you really need to dial back because we don't know where this inflation is going.

You don't want to put yourself in a situation where you don't have the money.

to pay for your typical goods and services or even your heating bill.

I mean, who knows what that's going to end up looking like for this month?

I mean,

that's really one of the reasons we just talked to a guest a little while ago.

That's one of the reasons why the Prime Minister of England is on the verge of losing his gig.

It's not just because of those parties.

The cost of energy is crippling England, and it's happening all over the West.

It's about to happen here.

Yes, and thank God when we've traded our oil pipes for crack pipes.

That really helped us and the situation and the entire world.

But yes, you're going to want to make a budget.

You're going to want to see where you can call back and save some money and put some away for emergency in case the inflation gets out of hand.

The other thing that you want to do, and this is, you know, right out of the playbook that you outline in your book, The Great Reset,

Glenn.

the the elites do not want you to own anything they say you will own nothing and you will be happy and so the way to combat that is to make sure that you own as much as possible that means assets that are going to appreciate in value.

So whether it's your own home, whether it's other home or land that you're able to rent out, whether it's building a business, whether it's stock options in somebody else's business, whether it's 401k matching from your employer to go out and continue to invest in high-quality companies, that's what you want to do.

You need to have ownership.

And of course, if things go south, guns, ammunition, and seeds are always going to have bartering value.

But you want to have that tangible ownership because that's what creates wealth.

And I also, you know, you said

you want to put some money away.

We're not at this point yet, but we could quickly get there to think like the Germans did, and they were accused of hoarding early on.

Just don't tell anybody you're doing it.

When you go to the grocery store, buy extra of everything and put it away because your money will continue to lose value in the bank, but the food price will continue to go up.

So the money you're losing in inflation, you're actually gaining in everything that you have to use every single day.

Buy those things now and store them.

Absolutely.

I mean, especially the things that aren't perishable, the perishable items, you know, it's not as much of an issue for, but if you do have that long-term ability to store, each day your dollar is worth less and less.

So it makes a lot of sense.

Okay, Carol, can you hold on for just, I'm sorry to hold you over one more time, but I do want you to talk about your bank's ESG score and activity, how you find that, and,

you know, where do you go from there?

Carol Roth, the author of The War on Small Business.

And you can find her also at CarolRoth.com.

Back in just a minute.

The Glenn Back Program.

On 9-11, about 3,000 people were killed in a terrorist attack on American soil.

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We're talking to Carol Roth.

Carol, BlackRock, a company that most people

a year ago had no idea it even existed.

Now more and more people know about it, and it is trending on Twitter today.

This is a company that has just absorbed Barclays, JP Morgan.

I mean, this is the powerhouse of hedge funds now and really setting the pace for all of this horrible, wicked stuff that is happening with ESG, et cetera.

They're trending today.

Is it because of their stance on crypto that is making them trend?

Yeah, so BlackRock is interesting.

One of the biggest, most powerful companies in the world.

They are the biggest asset manager.

They have around 10 trillion in assets under management per their last report.

And they have, well, they haven't announced, but it has been announced and they're sort of shuffling around on whether it's true or not that they are going to be getting into the crypto trading business.

So they have an online platform and they're going to allow their institutional clients to trade crypto.

And it sounds like potentially use it for lending.

It was unclear on whether their clients will be able to pledge crypto as collateral or whether they would be able to get a loan to buy crypto or maybe both, but that's what's got Twitter okay.

So here's the problem.

They are involved with every central bank in the West.

I mean,

they have $20 trillion of just central bank money that they control and invest.

They are now investing for the Federal Reserve.

The Federal Reserve, the Treasury, they have two heads of their company, former heads of their company, in with the Treasury.

Another one is an advisor for the president, the chief economic advisor.

The other one is for the chief economic advisor for the vice president.

So they're everywhere.

The government is currently and the treasury going after cryptocurrency.

How does this make sense?

There's sort of the simple answer, and then there's sort of the hypothetical answer.

The simple answer is money.

They're institutional clients and they have, as I said,

the most assets under management in the world.

If the institutional clients are demanding it, they don't want to risk those clients going elsewhere so if you know that they want to be part of the money play but i think that there's also um something else going on and whether it's the government going after cryptocurrency whether it's potentially creating a digital dollar instead of an open source crypto currency if you are blackrock right now you are on the outside of crypto looking in but if you all of a sudden become a significant player, what does that give you?

That gives you access to information.

And information is power, and information is money.

And so they will have that really bird's eye view of what's happening, what the demand is, who's trading it, how it's being traded.

And that could be very instrumental in potentially helping to shape policy.

So that would be, again, I have no knowledge of this.

Carol sort of going through the strategic, yeah, the strategic rumblings and thinking that, you know, if I were, if I were interested in weighing in on this, I would certainly want to have better access to information.

And what better access to information than if I control that information?

We're talking to Carol Roth, a former investment banker.

She calls herself a recovering investment banker, and she cares deeply about

our country and Main Street and the regular person and trying to get the word out on what is coming.

And I so appreciate you, Carol.

I have been giving the advice, get to a savings and loan or get to a local, local, local bank that keeps their loans local and invests in the local community, get away from anything ESG.

A lot of people are, you know, writing to me and going, Glenn, I, I mean, I don't know what I'm even looking for.

I don't know how to judge these banks.

Can you help?

Absolutely.

Well, definitely everybody has a different financial profile.

So you need to make the decisions that are best for you based on your goals, objectives, risk, all those kinds of things.

But I also have been getting, since talking to you and the fact that you're highlighting this in your book, The Great Reset, a lot of inquiries from people saying, you know, I'm interested in staying away from these financial institutions that are very heavy into ESG.

I don't know how to research it.

So I wrote a piece for The Blaze.

And what you have to understand is that there are a handful of institutions and individuals who are driving this.

And there are a whole bunch of others that are sort of jumping on the bandwagon and really have no idea what it means either, but they want a virtue signal about it.

If this is something that is important to a company, they are going to advertise it because they think they're the good guys.

They think that they are doing the right thing and they think that you care about this in the opposite way that you probably care about this.

So the best thing to do is to take a look first at their website to see if they have any mentions of ESG or other words that are like ESG, things like socially responsible investment.

investing or sustainable investing.

That becomes a clue.

But a lot of companies don't update their websites that often.

So you're also going to want to do a quick internet search, look at press releases and look at articles.

And again, don't jump to conclusions, but use this to help to inform you

how serious do they seem about it.

You can check their social media accounts.

Is this something that they're putting out on Twitter or Instagram or Facebook?

Again, if it's really important to them, those are the kinds of places they're going to want to be showing it off that they're a quote-unquote great citizen.

And then you can also ask for their own financial institution annual report.

You can ask if they have an ESG report, and you can ask their representatives: is this something that's important to you as an organization?

And if it hasn't made it down to the representatives, again, to say, oh, yes, this is something that's important.

It doesn't guarantee that it's not floating around somewhere, but you know that it's not an important tenant.

And frankly, I would advise you.

Hang on just a sec.

I will tell you that we had, and I won't mention the bank,

one of the big banks that is a driver of this tell us a year ago, no, it's nothing.

It's none of that.

Really?

So, I mean, that's at the highest level

who said,

yes, we have it on our website.

I mean, there's also a lot of smoke and mirrors.

So you really have to.

You just have to use your gut on this.

Absolutely.

And what I would say is we need to use our voices and make it known because, again, corporations tend to run in risk cycles.

They think this is something that people are interested in.

Most of them have no idea what it even means.

And so, if they hear from more people, they don't want it, that is going to impact their decision making.

So, if you leave for this reason, if you're comfortable to put your name on it, great.

If not, do it anonymously or do it as part of a group.

But you should be writing to banks and say, I pulled my money because I don't believe in this.

I believe you should be focused on financial-centric decisions, and all of this other stuff is nonsense.

So, the more feedback that you can give,

I think the better chance we have to stop it because the virtue signaling only goes so far, but at the end of the day, if it starts to impact profits, that's going to change things pretty substantially.

Yeah, and I would tweet your letter, I would tweet your information, and I would come up with a hashtag, you know, whatever the bank is, ESG,

and so people can follow it and others can join.

That will make them uncomfortable.

And if they're not dedicated to it, you're right.

They will begin to fold.

And I would even add, do hashtag no ESG because if they think that it's just ESG, they may think that you're actually pro it and you'll get a conflation of people who are.

But make it super clear: no ESG.

Got it.

Anything to say about how you pick a bank or a credit union?

Credit union the best place to put your money now?

I mean, again, it's very dependent on the individual.

I mean, the great thing about a credit union is that you are not just a customer, but when you take on an account, you become a member.

So you actually get a vote and a say on the direction of the business, and that can be very important.

The trade-off when you go to an institution like that is that it may have a less robust technical interface or it may have fewer products and services.

So you have to marry what do you need to manage your finances with your key values and find that right fit for you.

The most important thing, if you're looking at whether it's a local financial institution, a credit union, is just to make sure that you do have that insurance.

And most of them do.

A credit union is insured by a different group than FDIC.

It's a credit union administration, the NCUA, and they have the same limits.

It's, I think, about $250,000 per account.

So you want to make sure each account that you have have the high-class problem, that it doesn't go over that limit.

But you want to make sure that they're insured.

And then you can look into their history to make sure that they don't have a large amount of loans that are in default, because that's sort of a key indicator of a bank that could potentially have problems, a financial institution that could have problems.

I know with the new law after the 08 crash, they changed it so the the depositor is the is the last in the line to get their money.

The bank can use those deposits to pay everybody else off, and you're the last in line because the government covers it.

Is that true with credit unions like banks?

Do you know?

You know, I don't have sort of the ins and outs of that, but the less complex the financial institution,

the less you have to worry about sort of those lines, right?

You know, if they're not doing crazy things like derivatives and crazy crazy loans and whatnot, you know, the more simple and straightforward, you know, the higher up in the packing order you're going to end up being.

But the most important thing is that that money is insured by the government, you know, at least for the time being, that still has, you know, some modicum of

help and should give you some comfort.

The time you expect interest rates to start to move.

So there is a March meeting that's coming up.

And I think for the Fed to keep credibility they probably have to do the first rate hike then there is a discussion on whether that is a quarter of a basis point or half a basis point which is a or 25 basis points or 50 basis points which is a quarter of a percent or half a percent

I think likely 25 basis points, but it could be as much as 50.

And then we'll have to look at their language to see how they're going to telegraph it for the rest of the year.

I mean, some people on Wall Street at this point are expecting maybe up to six hikes this year,

which will really throw the stock market and potentially the economy into jitters.

I personally think they're between a rock and a hard place because they don't want the interest rates to rise because of the interest that we have to pay on our $30 trillion of national debt.

I think they're going to do everything in their power to maintain that credibility of doing something, but doing the least amount possible.

So I'm more in the camp of maybe three.

If we have 5%

interest rate,

how much of our federal budget goes to paying for that $30 trillion every

so it's probably out of every dollar that you give the government about 30 cents of every dollar will go to servicing interest if we get back to a normalized interest rate of 5%, which is the whole reason, by the way, Glenn, why they have depressed interest rates to this zero level for so long because they're running cover for the government.

Carol, thank you so much for all of your work.

And her article on banks and she's written a couple of articles and going to be writing a lot more for Blaze.com, How to Research Your Bank's ESG Activity, TheBlaze.com.

Her name is Carol Roth.

You can find her at CarolRoth.com.

You can also find her book, The War on Small Business, wherever books are sold.

Thank you, Carol.

Appreciate it.

Happy birthday.

Thank you very much.

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This is the Glenn Beck program.

I just have to play this because the idea of what it is to be an American is so upside down right now.

Here is Morning Joe

at MSNBC talking about individualism.

Listen.

Coming together in a Cold War.

Our parents grew up at a time where there was rationing to win World War II,

where everybody had to come together

during the Great Depression.

And that's now evolved into,

and I'll say it on the left and on the right, just this

frail people who, you know, they're so consumed by this hyper-individualism, which, of course, the right always attacked the hippie culture in the late 1960s for this hyper-individualism.

And now,

as Kevin Williamson writes,

it's conservatives who are now having their quote hippie moment.

Hyperindividualism, do what you want to do,

no common good, nothing that's spelled out even

in the preamble of the Constitution.

There's nothing about the common good.

It's all hyper individualism.

I have my right to do what I want to do.

I don't give a damn about anybody else's what they're saying.

You mean something just is tearing down?

You mean like

putting a cross in urine?

I don't care.

Like my body, my choice.

I don't care about the baby's rights.

You mean that kind of hyper,

and it doesn't do any good?

This hyper-individualism doesn't do any good?

No.

It stands against the collective, which is the exact opposite of America.

It is the collective is Pol Pot, China, Russia, Germany,

Mussolini, Venezuela.

That's the collective.

No thank you, Cuba.

No thank you.

We have always believed in the power of the individual and government is there to protect our individual rights.

Yeah, we believe in individualism and we're not ashamed of it.

And we also are the most charitable group of people to ever, ever be on earth.

Why?

Because we choose to.

The more you take from us, and the more you say you can't do that, the government will take,

the harder it becomes for us to do the right thing.

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 of time to rise.

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

This is the Glenbach program.

Hello, America.

There's something really cool that is happening.

And

people will look at it as this is a catastrophe.

I just think it's cool.

I think it's really cool.

And I actually think

it

lines up

with my feeling of what's going to solve all of this.

And it just happened last week.

It began to happen last week.

I'll explain in 60 seconds.

Where do you see yourself and your family in the next year, financially or otherwise?

The next five years.

Are you doing okay in that mental picture?

I mean, I can't even for you with the with with inflation rising seven and a half percent in the last year, a 40-year high, and we know that number is bogus.

We know if we would look at it the way we did back in the 1990s, before they started, you know, messing with everything just to make the government look better, we're at about 13%

inflation.

We're at about 16% inflation if you look at it the way 42 years ago, that's the highest inflation in 42 years.

You ain't going to have to go back a little farther than that, little muskrat, if you calculate it the way we did 40 years ago.

This is really

remarkable what is happening.

So, what are you doing?

Where do you see yourself?

I can safely say I have absolutely no idea where I see myself in five years.

We could all be living under a bridge together.

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Okay.

Now I know nobody cares about the sun because the sun doesn't affect us at all.

Global warming, all of these things, solar flares, that's crazy people talk.

Okay.

Let me give you a story that broke last week and I'll bet you you didn't hear about it.

SpaceX is feeling the pinch of that solar threat this week.

Now, when I first read this, I went, what solar threat this week, right?

Yeah, I didn't hear about it.

The company expects to lose nearly a full launch worth of Starlink internet satellites.

Okay, so they launched like 49 of these.

Last week, 40

fell to the earth in a fiery flame.

40.

That seems kind of catastrophic, doesn't it?

It's kind of like,

we got eight left.

Kind of a big deal.

I didn't hear about it.

You know, there are so many things going on.

Well, here's what happened.

There was a solar storm.

Now, Pat, how many times have we heard in our lifetimes?

I'm 58 today, right?

58 today.

Happy birthday again.

Thank you.

I'm 58 today.

Satellites have been going up my whole entire life.

Yours too.

How many times have you heard about those solar flares causing 10 satellites, one satellite falling to a fiery death?

I don't think I've ever heard it.

I don't think I've ever heard it either.

Maybe,

maybe one, maybe?

I can't recall it, but I'd like to give my memory, you know, or like this with 40, I just didn't hear about it.

And so 40 of them falling seems kind of like a big deal.

But these storms are not uncommon, space weather experts explained to CNBC.

And they're only expecting to worsen over the next few years because the sun started a new 11-year solar cycle in December of 2019 and is now ramping to a solar maximum that is expected to hit in 2025.

Wow.

Okay.

Now the reason why solar storms have not been a big deal is for the past three or four years We've been at what we call a solar minimum

Okay,

so for the past three or four years, we've been at a solar minimum.

Can you explain

the other 55 years of my life?

What's happening about that?

Notably, the recent solar minimum coincides with a massive spike in the number of satellites in low Earth orbit.

About 4,000 small satellites have been launched in the past four years.

A lot of these are commercial ventures, and they don't understand how significant space weather can affect satellites.

I know, I hear this all the time from people who launch satellites.

Space weather?

Why didn't somebody tell me about space weather?

Right?

I mean, the people who are launching satellites, it's not like they do that all the time.

It's not like there's a lot of math involved.

It's not like you're taking something out of the Earth's atmosphere and putting it in the way of direct space weather.

I can see how Elon Musk missed this.

I mean, he's not a very bright dude when it comes to science, you know, and he's so busy going to Mars that he probably hasn't even thought of space weather.

You know what I mean?

Right?

Am I right?

Yeah, you're right.

Yeah.

Okay, so that's the story you'll get from the press.

However,

I and my team are geeks.

Total and complete geeks.

About

six years ago, maybe, on this program, and I have followed this because I've been fascinated by this theory my whole life.

It's called polar shift.

And we talked about it about six years ago.

The poles are moving, and it happens every 12,000 years.

Well,

the good news is we're not at 12,000.

We're not close to 12,000.

We're at 12,500.

Okay, so we're overdue for a polar shift.

Now, there's two parts to this, and I'm only going to get into one.

The magnetic poles now

are probably more like 10 o'clock and 4 o'clock.

Okay, the magnetic poles.

We don't really know for sure what happens and when the tipping point is,

but they basically just go.

And when they hit this tipping point, then the South Pole

was the North Pole and the North Pole is now the South Pole.

Or maybe

the

West Pole is now the South Pole and

the East Pole is now the North Pole.

We don't know for sure what's going to happen.

We just know kind of a big deal.

Okay.

Yeah, because it's the magnetic force that protects the Earth from the Sun.

Exactly right.

So,

how could a small

solar

storm

when these satellites are all built, well, except for the ones Elon Musk made because he just doesn't understand space.

They're all built to withstand

storms that are a thousand times stronger.

Okay.

And we're going to have those storms soon.

We have in the past.

It's normal.

We will have storms that are 500, 800,

a thousand times more powerful than this.

The reason why is because our magnetic field, because our poles are changing, is so weakened now that those storms are coming all the way through and coming and hitting the low Earth orbit where our magnetic field had those things bouncing off before.

So

I've had this theory for a while.

Now this is where it gets, this is where it becomes Glenn, weirdo Glenn stuff.

Okay, this is, we are no longer talking science.

And I know that's what you come for on this show.

Deep, deep science.

But I have said for how long, Pat,

that

when what we have expected comes, you know, this global new world order,

how are you going to solve this?

And I have said for at least a decade,

I think it's going to be solved the way that

God solved

the Tower of Babel.

What happened at the Tower of Babel?

Tower of Babel, the elites got together and said, let's build a tower to the sky.

Actually, they said, let's make bricks and build a tower that will reach the sky.

And the bricks, God makes stones, meaning individuals.

Everybody is different.

Dictators, authoritarianism.

The other people make everyone exactly the same.

You will comply.

You will believe this.

You will say this, and only this.

You become a brick.

So,

when Nimrod said, We're going to build a tower to the sky, what he meant was,

or when he said we're going to make bricks, we're going to make everybody exactly the same, and they will tow the line, basically slaves.

And then we're going to take those people and they're going to build this tower to the sky, and we will be all-powerful.

Okay,

so

if you know about

oral history, if you have a good rabbi,

oral history will tell you, Jewish oral history will tell you that there are many faces of God.

The angry, vengeful God, the compassionate God, and I don't know, the one that wants candy.

I don't know.

But

the one that came down for the Tower of Babel is the compassionate God.

He wasn't mad at the people.

He was compassionate.

He saw what was happening to them.

And so what what did he do to destroy the power of Babel?

What did he do?

He confused their language so they couldn't understand one another anymore.

And I thought to myself about 10 years ago, as I'm thinking, how are we going to get past what is coming?

I thought, you know, our language

is not English.

Man's language now is ones and zeros.

Massive solar storms work as EMPs.

You lose just, I mean, let's just talk about the satellites.

You just lose our satellites, our low Earth satellites.

I think GPS satellites are low Earth.

They now have to, because our poles are changing so fast, they now have to, they usually, I think, were changed every 10 years or five years, and now they have to be changed every year because the polls are changing so the GPS is off and so they have to constantly change them now.

When we start losing things like GPS, when we start losing things just in space, let alone an EMP,

our language of ones and zeros doesn't work anymore.

Do we understand each other anymore?

Can our society, society, remember, God said, if they can do this,

they'll be able to do anything.

We're now talking about artificial life, man creating

life,

artificial life,

artificial intelligence.

The guys I know in Silicon Valley believe artificial intelligence is life.

Because they don't believe in the soul.

They don't believe in God.

They believe that they are going to create life.

If they can do that, they can do anything.

And almost anything and everything is being done now,

all with ones and zeros.

When we get quantum computing up to speed, which is soon,

soon,

almost anything can be done.

I don't bring up the polar shift.

I'm really interested in the polar shift.

I've been fascinated by it since I was a kid.

And I don't bring it up as a catastrophe.

Oh my gosh, we're all going to die.

No, I mean, maybe.

I mean, no, let me rephrase that.

Yes, all of us do die in the end.

I think we die at different times.

I hope so.

And not from, you know, solar flares or a polar shift.

But

I found it interesting

that the first thing these solar rays are going to do are start affecting our satellites.

Because I've never seen that before, at least like this.

Our magnetic field is getting weak.

This

might be a really good thing.

I mean, not for us, but I mean, a really good

thing for humans and freedom.

Right, because when you look at the oppression and the shutting down of people

and how far advanced the governments are now as compared to 70 years ago when

we had real oppressive regimes.

This is Hitler's dream.

Look what they can do to China with a billion plus people.

They know where everybody is at all times.

The World Economic Forum says about the Great Reset.

We will know what you do, what you want to do, where you spend your money, where you spend your time, what you think, and even what you dream about.

You are taking humans, God's

creation that he wanted to be free and individual, and you're taking them and you are controlling them in the most evil way.

I just don't think he stands for that.

Yeah.

And we've brought all the devices willingly into our home that allows him to do all these, all these things.

And the only thing that frees people from that electronic cage is a global emp yeah uh all right just some interesting thing that you if you have a geek friend you might want to share okay

let me tell you about gold line what does the world return to when uh you know things go crazy today we got some pretty important news on the inflation that inflation has risen 7.5 percent over the last year, which implies what, Pat?

That if it's risen 7.5%

from last year and it had a big month this year,

that's not the real inflation.

That's the average

over the year.

When we start dropping off those averages at the beginning of the year when inflation wasn't happening, you're going to start seeing real inflation numbers.

You're already feeling them.

So what do you do?

The hedge against inflation is something called,

hear me out, gold

or silver.

It is the stuff that the world has always come back to when the world has gone crazy.

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They're just going to ask you what you know, what you need to know, and do your own homework.

Don't buy anything today.

Although

I would pick up the pace, maybe just a bit.

866GoldLine, 866GoldLine or Goldline.com.

10-second station ID.

oh yeah

uh by the way i had um

andrew clavin on my podcast it uh

it is out today for blaze subscribers and it is it's just a very different podcast you know andrew you know andrew clavin yeah um he is one of the most fascinating guys.

He is the host of the Andrew Clavin Show.

He's a novelist, a best-selling author.

He's a screenwriter, a playwright, winner of the Edgar Award.

And Edgar is, I mean, Edgar could beat the snot out of Oscar.

So I think it's a better award.

Anyway, he's got a book out called Truth and Beauty.

The English Romantic Poets and the Gospels.

And when I saw that, I thought, that's something that everyone wants to hear right there.

I mean, who doesn't want to spend an hour just talking about the English romance poets?

And so I started the interview with that.

Convince me I should even think about reading this book.

He had me at hello.

He has taken

and looked at

what was happening in England and France right after the French Revolution and how these English romance poets were trying to fix the problem.

And it's the same problem we're dealing with right now.

And they were trying to figure things out and how do we sell this to people?

How do we tell people?

He said, it is, it is the gospel.

He was, he, we talked about Frankenstein.

We talk, I mean, it is fascinating, fascinating.

He is somebody that if I were putting together a dinner party and I'm like who are the most interesting people I could invite Andrew Clavin would be first on my list honestly he is fantastic you want to hear this podcast today a podcast I don't even know what they named the podcast oh this is where cancel culture comes from

yeah we did talk about that but i mean it's all about his english romantic poet book that comes out

i would have have never thought it would be interesting.

It's fascinating.

Fascinating.

You're going to love this podcast.

You can watch it now on Blaze TV.

It'll also be available everywhere wherever you get your podcast on Saturday.

The Glenn Back program.

Okay, we're down to just a couple of days before Valentine's Day.

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I think you just heard it, Glenn.

Yes, I did.

I haven't done anything.

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So, was it yesterday was the final episode of Bubba Fett?

Yeah, I wasn't sure, though.

It is the finale of the season?

I think it's the finale.

Darn it.

It just got phenomenal.

Unbelievable.

The last three episodes of this season were

my

son had to convince me to watch it.

Yeah.

They had to convince me to watch it because I'm like, Boba Fett.

Boba Fett.

That's how I was.

And I'm toe done with the whole Star Wars thing.

And I'm like, yeah, I got it.

And we watched The Mandalorian, which I liked, but really only for Baby Yoda.

Okay.

And

so I'm like, okay, I'll watch Boba Fett, a character I don't care about at all.

Oh my gosh, is that a good show?

Yeah.

Such a good show.

I don't want to give away any spoilers, but I will tell you, without saying who or what,

there is a whole episode that is CGI,

that

if you didn't grow up with Star Wars,

you'd have no concept that that is all CGI, that the people that are in that scene are not people.

It's the most phenomenal thing I have ever seen.

And to feature a CGI character for so long and make it look authentic.

And

no part.

Rafe and I were watching it, and I said, hang on, hang on, roll that back.

Tanya, come here, you got to see this.

And I told her what she was going to see, and she's like, uh-huh.

She walked up to the television and she was looking at it.

She's like, oh, my gosh, none of that is real.

And I'm like, nope, nothing.

You'd have no idea.

It shows you how powerful deep fakes are going to get.

Because literally, it is, even if you don't watch the show, it's worth watching just that episode because the technology

is crazy.

They did something like that in The Mandalorian that was like

for its last

show.

Last show?

Yeah.

The last show, I think, of the first or second, whatever.

Last show of the season, they had a CGI character.

And you're like, oh, okay.

And it didn't really fit.

Yeah voice with the mouth and all that.

And so there was a kid that was on YouTube that said, I can do better than that.

And so he and his friends got together and created CGI that was better than that.

And Disney got a hold of him and hired him on the spot.

And he's the one who did this new CGI.

You're kidding me.

No,

That's why I got him on the air.

I'm telling you, because that was one of the things.

First of all, the voice is not the voice of the actor today.

Right.

Because the voice, you know, he didn't change.

He's changed.

He's older.

So it's, I don't know how they recreated the voice.

And the lips and everything, no creepy valley stuff.

I'm telling you, you are not.

How do you not use that to put somebody into a scene, you know, just a video thing, all grainy even, or, you know, in 4K?

How do you not at some point put some politician or some world leader saying something

that causes a world war or causes a destruction of that politician?

And it's not real, but you won't believe, you won't believe it.

It's so incredible what can be done.

You said many years ago

there will come a time when you don't believe your own eyes.

Yeah, we're here.

And we certainly are.

We're at that point now.

We haven't had it used.

Well, yeah, we have.

I saw a

video of

maybe it was Tom Cruise.

Tom Cruise, you know, those videos that come out about Tom Cruise.

But maybe it wasn't him.

It was somebody, and he was playing a guitar.

And I'm like, holy cow.

I didn't know this guy could play the guitar like that.

No.

And it wasn't him.

No, it wasn't him.

It wasn't him.

And you just see these things,

you know, and you have no idea.

That's not him.

That's not him.

Yeah.

No idea.

Weird.

Weird.

Now, I wish I could say this wasn't true.

You know, the...

The Biden administration just released $25 billion, unfroze $25 billion of Iranian money so they could have that this week.

Right, with nothing in return.

Yeah, a shocking video captured an Iranian man grinning as he walked through the streets of Iran, clutching the severed head of his 17-year-old wife, whom he had decapitated in an honor killing.

So, I mean, he forced her to marry him when she was 12.

She's now 17, and she was suffering a domestic abuse.

But the picture shows him holding the saw and the blood on his hands and carrying his wife's head in the street.

And, you know, everything's okay because, you know, he has a right to do that.

That's great.

I'm glad we empowered those people.

By the way, have you been watching 1883?

It's incredible.

Right?

Doesn't that give you a completely new understanding of

pioneers and people who came here?

And the price they paid

to move to the West.

Oh, my gosh.

If you're not watching 1883, you you should.

I think it's, I mean, Sheridan, what's his name?

Taylor Sheridan.

Taylor Sheridan wrote it.

It's like poetry.

Her diary kind of stuff is beautiful.

He has written some amazing

things.

He's writing like five different shows.

I know.

He is truly remarkable, really remarkable.

He writes Yellowstone, produces it, and 1883.

And there's another one called Kingstown or something that people rave about.

I haven't seen that.

It's pretty dark, I think.

According to Jeffy.

Pretty dark.

Pretty dark.

According to Jeffy.

According to Jeffy, it's dark.

As the Prince of Darkness, that's pretty dark.

That says something.

Yeah.

So

I'm watching this thing, and if you're not watching it, you should.

I mean, it's foul language and, you know, yada, yada, but it is.

It will give you a whole new understanding of what life was like out west in the 1800s.

These people are coming in

from Germany and and everywhere else, which you get a new understanding of what German life was like back then.

You know, you were forbidden to swim, you couldn't swim.

It was against the law.

And so, when they come over here, I know, crazy, right?

Weird thing.

I know.

And,

you know, when they come over here and they got across the Red River, they don't swim.

They've never been in water.

They don't know.

They come over having no idea what the West is like.

And we think we know what the West is like.

If it was anything like 1883,

I would have gotten right back on that train and gone back to one of those stinky cities.

No question.

I mean, just too hard.

Sorry, not going to do it.

Yeah.

And unknown.

Just everything is unknown.

And you have no idea if you're going to make it from one day to the next.

Because anything can happen.

Anything can happen.

Bandits, weather,

your cattle stolen, your cattle die, you run out of food, the snow comes too early.

You have no idea.

Seems like you have virtually no chance to survive.

No chance to survive.

Those people, I mean, I've always,

the one thing that I do know is I had a

German great-great-grandmother who came over the plains and ended in

Montana.

And the only story I know about her is that along the way, somehow or another, her eye was poked out.

And the story is, is that she was just such a badass that she wiped the blood off her face and was like, keep going.

You're like, okay.

And she looks like the kind of, we have one picture of her, and she looks like the kind of woman that would do that.

Okay.

She looks fierce.

And now I really understand.

That's what it took.

Yeah.

You wouldn't be going.

You wouldn't have survived if you weren't like that.

Yeah, that trip was not for the soft.

It wasn't for you and me.

No, no, no.

No.

No.

I don't know if it's for anyone that I know today except Navy SEALs.

You know what I mean?

Yes.

It was only for the guys that could, I mean, the guys in 1883 that are shepherding are, you know, pretty much guys who just want to die because, you know, they were in the Civil War and it was so bad and everything else that they're just like, what the hell?

I'm going to die anyway.

Let's do this.

But it would take kind of that person.

I don't know anybody who's like, you know what would be fun.

I've always wanted to and then go through it and go, that was great.

I'm going to go back and get some friends and do it again.

That's insanity.

All right.

So so a couple of shows that you should watch.

All right, back in just a second.

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The Glenbach program.

So I just got off the air and I said, you need to watch the Harlan Coban series on Netflix.

And Sarah said,

fantastic.

I didn't know you were a fan too.

You know, he's a friend.

He's been on the show.

Yeah, he's been on the show several times.

I love his books.

I had no idea he was doing stuff with like the BBC and now Netflix all over the world.

And his, what are the, what are some of the names of the shows?

The Stranger?

Really good.

Really good.

They're like eight episodes, and you will

not be able to figure out even what's really happening until the last episode.

And they're just, they're spellbinding.

Spellbinding.

The Woods.

Really good.

Stay close.

Really good.

Unchant the prope.

That one?

What is that one?

I don't know that one.

It's in a different language, apparently.

Safe.

Really good.

And the innocent.

Very good.

Very good.

So these are like murder mystery kind of things?

Kind of.

They start out, you know, just like every day, you know, and then something happens.

Either somebody is murdered or some, something, some, you know, they get a letter from their past or something.

And you,

it's just like everybody's secret life.

And it starts out with one person.

And then, you know, by the second episode, there's a connection to somebody else completely unrelated, or at least you think.

And, and then he just weaves like six lives together that seemingly are completely disconnected.

And it's just,

am I describing this right?

Absolutely, without a doubt.

Yeah.

I mean, it is, they're incredible.

They're the best murder mysteries I've ever, they are as good

in a different way as Sherlock.

Would you agree with that?

I don't watch that.

Oh, my gosh.

Sherlock was great.

Sherlock was really good.

It's in a different class.

BBC thing.

Yeah, Sherlock is in a different class.

Cucumber bun was starred.

Yeah, because Cinnamon Bun was in it.

And he, you know, he's fantastic.

So it's a different class.

But you know how you just are watching that and you're like, what the heck is happening?

This is over eight episodes and you'll just are they connected or are they all standalone?

They're all standalone.

They're all based on books of his.

And so they're like, you know, six to eight episodes each.

And I mean,

I just, I, I've, I just, he is my favorite writer of television now because I've never seen television that good as far as writing.

We're in the golden age.

We are television right now because of streaming and all the different options.

And remember, they said, you know, these people who are like, free the internet.

Yeah.

Yeah.

Hey, take your free the internet.

I got it right here for you.

Right.

Look what's happened is

amazing.

Yeah.

And if they would leave other people alone, And they wouldn't throttle people.

Yeah.

Can you imagine what it would be like?

But yeah, you're right.

It is the golden age in every respect.

And you're seeing things like I've watched shows from Germany and whatever.

And if you can stand watching the subtitles, they're really good.

Yeah.

They're really good.

Do you remember what a joke the BBC was back in the 60s and 70s?

It was terrible.

Terrible.

TV.

Terrible.

And now

it's brilliant.

Yeah.

It's brilliant.

I watched something the other day.

I think it was one of these Harlan Cobens, and I think it was from Germany.

And I said to Tanya, I think it's the woods.

And I said to Tanya, I've never seen cinematography like this on television.

I mean, it is so far beyond.

It's weird.

It's almost like their lips actually match the English that you're hearing.

Oh, I didn't watch it in English.

No, they're speaking in a different language.

But like you're reading it, and it looks like their mouth is matching the words.

It's not like Godzilla, you know, when you're like, oh man, that is crazy.

Yeah.

But I will tell you, watch it in the original language and just read the subtitles.

But it's, it's, it's filmmaking for television in thing in ways that, I mean, we are just, we are golden age.

I mean, 1883 does that too.

The cinematography is

outrageous.

And the lead character.

Oh, my gosh, is she beautiful?

Oh, yeah, the 17-year-old 18, whatever.

I don't know what kind of accent she's supposed to have, some sort of American accent.

Yeah.

But she plays that role.

She's a Disney actress, and she plays that role perfectly.

Absolutely.

She's awesome.

She is.

Great.

And so is Faith Hill.

And Tim McGrosgood.

Yeah.

And they're really, it's a good cast.

Yeah, it is.

It is.

I think they're all going to die by the end of it.

There's only going to be one, I think, that makes it that is like, oh, I'm all alone here in the woods.

That's because I just just ate the Indians because I had to eat.

I mean, I don't know what's gonna happen in this thing, but anyway, we will see you tomorrow on radio tonight.

Don't miss Andrew Clavin the podcast available now for all the Blaze TV subscribers.

It's fascinating and will get you to solutions on what's happening in your life today.

This is the Glenn Back Program.