Best of the Program | Guest: Peter Schweizer | 2/2/22

50m
Freedom of speech is under attack, as the Left continues to go after podcasts. Author Peter Schweizer joins Glenn to discuss his book, “Red-Handed: How American Elites Get Rich Helping China Win,” and President Biden’s dealings with China.
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Great podcast today.

We have Peter Schweizer on with Red Handed.

You're not going to believe the corruption.

We talk about what you need to do for your dollar

and for your savings because as you see a little outline today, it's pretty clear hard times are coming our way.

But remember, hard times made us.

Some stunning developments in the Joe Rogan situation and maybe the most stunning development with CNN today.

I'm sorry, did that sound evil?

That did.

All on today's podcast.

Don't miss it, blazetv.com/slash Glenn.

You're going to have Peter Schweizer on

a big chalkboard tonight to show you the corruption in Washington, how deep it goes, all to China.

I'll be talking to him as well on Studios America.

Lots of Peter Schweizer today, but he's got a really in-depth book and you need to know this stuff.

Red-Handed is the name of it.

Yeah, Red-Handed.

Also, Glenn Beck has a book out you might want to hear about, The Great Reset.

You can now, at least there's a couple websites accepting orders now.

You want to get involved in this batch of orders because once this printing sells out, you're going to have to wait another month or two.

Who knows?

So, if you go to glenbeck.com, there's links to all the places you can go buy the book right now.

Check it out there or get it on Kindle audio book coming soon-ish.

We'll give you the details on that.

And the book should be: if you get into this printing, the book should ship to your house within a couple of weeks.

You're listening to

the best of the Glenbeck program.

I keep coming back to this idea.

You're still back on last hour.

Yeah, last hour.

This hour to cover.

I know.

Well, there's more to this, I think.

The last hour we talked about, you know, potential economic collapse and everything.

And one of the reasons why, because, you know, look, you're well known for predicting economic collapse at all times.

But

that's just your persona.

Yeah.

You know, but this is a different thing.

You're making an obviously a very specific case here.

And one of the reasons why I think this one connects to me, and it feels at least

more imminent, is because it doesn't feel like we really paid the price for what happened through the COVID era.

Right.

Now, if you're a local business person, you own a bar, went out of business, you certainly feel like you paid the price.

A lot of people individually paid the price, but I'm talking about like the nationwide economy.

Well, let's put it, let's, let me just shore up what you're saying here.

Sure.

We thought $11 trillion was a really bad debt.

We thought $21 trillion is a really bad debt.

Today or yesterday, we crossed the $30 trillion threshold as our national debt.

That's bad.

And,

you know, never thought it would accelerate.

the way it has.

You know, so you thought, well, this economy, I mean, we can't keep spending this way, but now we're not spending that way.

We're spending crazy amounts of money.

Is that what you're talking about?

Yeah.

So

we've been doing this show for, you know, 20 years now.

Yeah.

And

throughout that time, we both had, I think, a thesis, generally speaking, of what a large government and a large amount of debt meant, which was over time, we are going to hit a point.

that we crossed that we can't pay it off.

We can't turn it around.

And it feels like we kind of have already crossed the line of we're never going to be able to pay it off.

But we hadn't hit that point where it was so catastrophic that we couldn't still mull our way through things and still grow and with innovation.

And, you know, there was still some theoretical hope out there.

And I don't know in my mind, and you may have had a different timeline on this, but

before COVID,

I had this picture of like, at some point in my lifetime, we're going to hit this level.

And my kids are really going to have, we've always said, like, your kids are going to have to pay for this.

Your grandkids, at some point, coming soon to a theater near you, we're going to hit a point of debt that is insurmountable and causes real world cataclysmic problems.

And despite what we've done for the rest of the world, they will not forgive our debt.

No.

No.

And so that was coming in, I don't know, 10, 20, 30, 40, before 2050, maybe.

I don't know.

Some point in the medium-term future.

This is not a thousand-year problem, but it's not tomorrow either.

That's how I've been living.

However, with that thought was

an expectation of normalcy, right?

Where we are increasing the debt here and there.

We add a program here and there.

You know, we have a crisis here or there that increases the debt, but it's not COVID.

COVID is, it hits us and has its real world

impacts on people and such, but then also has us spending $9, $10 trillion, the Fed dumping $7, $8 trillion into the economy

in a year or two.

That's what they're telling you.

That's just what they're telling us.

Yes, it is $1.6 trillion currently, $1.6 trillion

every single week, every week that they are now pumping into the financial markets on a payback of 30 days or sorry, 90 days if they pay it back.

Where is that money going?

1.6 trillion every week?

And that's on top of the giant bills that we discuss routinely.

It's on top of just what the Fed is doing on a day-to-day basis.

It's on top of the

stuff that happened before Biden even became president.

Correct.

On top of what we now know because of a Freedom of Information Act, what they did 12 years ago when the Fed said we gave the banks $5 trillion to bail them out.

No, they didn't.

And the money went around the world as well.

They gave $30 trillion.

$30.

$30 trillion.

So that, remember, that's our entire national debt.

Well, the Fed

also,

by 2010,

had already added to their balance sheet, they keep saying it's seven.

No,

they gave because of a Freedom of Information Act that we had to wait 12 years for or 10 years for,

they actually gave the world 30 trillion.

So

we know that it was worse before COVID than we knew.

Yes.

We know that COVID is worse than they're telling us.

And we also know that while there was particularly short-term economic shock at the very beginning of this, we did have that.

But generally speaking, we're back to normal unemployment levels in theory.

We're back to a good stock market number.

We're back to

if you believe their numbers and you look at the stock market and you don't think, hmm.

How many trillions are going to, you know, JP Morgan?

Right.

How much, how much, how many trillions are being dumped into the stock market?

Is that number even real?

Right.

But

you're picking apart the way I'm setting this up.

But what I'm trying to say is, no, no, I think you're making good points here, and they are important.

But my point is, it hasn't felt like the catastrophe you would have expected if I told you in January 2020, we are going to completely turn the economy off for a year,

or at least most of it for a good chunk of a year, year, and then trickle back into life where people are being paid by the government to not work,

right?

Not just normal unemployment, but incentivizing them to stay home to the point where people are offering thousands and thousands and thousands of dollars of bonuses to fast food workers to come back, please come back.

All the craziness that we're seeing there, we have not felt the pain of

the scale of what COVID was to this country.

That's by design.

You can't

feel it.

Right.

They know they can't, we can't feel it.

That's why I've been saying since 2019, there's something wrong in the financial sector that started, you know, started with $150 billion a week loans to these banks, and it went up to

April 2020.

They were giving loans for 90 days to these financial institutions of $1 trillion a week.

It's been 96 weeks since then.

So that's $96 trillion that has been pumped into these banks for some reason or another.

And now we find out that it's actually not $1 trillion.

It's $1.6 trillion.

So the way you as a household have these moments, right, let's say you're short of money, it comes to December, you take your credit cards out, you buy Christmas presents, right?

You can do that

for a while and maintain the lack of pain through Christmas because you have credit cards.

Got to pay it back eventually.

We all know that.

What we've seen here is

my,

I think, the general conservatives' idea of massive spending out of control over the next several decades that gets us in trouble, but all jammed into a two-year period.

Correct.

So,

you know, it seems to me, and I keep coming back to this way of thinking, is if we somehow are able to navigate this without any pain,

and I don't say any pain, but without the amount of pain you'd expect.

Without the Weimar Republic.

Without something crazy and real economic destruction, either our analysis of debt as a whole was wrong or did not take into account enough variables.

Either von Mises.

The road to serfdom is all wrong.

Maybe MMT is completely right.

We've never seen it happen before.

Never happened.

Never worked before.

So let me just break this down on bare minimum.

And this isn't coming from me.

This is coming from Larry Summers.

You know who he is?

Oh, yeah.

He's a very smart economist.

He's, you know,

more on the left, but a very, very smart person on the left.

I don't think he is the one that is going to slow down spending.

You know, I don't hire him as a hawk.

Right.

But he also is reasonable.

And he is the one that went to the Biden administration as a left-wing advisor, was a big Obama advisor and cabinet member, and went to Biden and said, Guys, stop this.

You're going to have out-of-control inflation.

Okay.

So Larry Summers sat down with a congressman that I talked to, and it was an open conversation, so I'm not revealing any secrets.

But he sat down with this congressman, and they had a conversation.

And he said to Larry,

So tell me the truth, what's coming?

And he said,

bare minimum, baked in, no way out,

bare minimum is 10% inflation for the next 10 years.

That means if you have a dollar today in 10 years, that just from inflation, whatever you have in your bank account, will be worth 34 cents.

Every dollar, 34 cents.

So they're going to be taking 76 cents out of every dollar

or 66 cents out of every single dollar.

That

will impoverish this nation.

And that is the guaranteed best scenario from Larry Summers.

Okay, that's pretty bad.

Now, how about if it's worse?

This is why, remember, they don't have,

you know how it feels like they can't be this wrong.

Everything they do

does not help us, right?

They're never wrong in the other direction.

We never have a good surprise from the people in Washington, do we?

It always seems to be like, wait, what are you doing?

And so many people have been led to think

Maybe they're against what we're for.

No, they just see the path out of this radically differently and they will not tell you because they think you're stupid and you will slow them down.

They don't want democracy.

They don't want a republic.

They have their plan and they're moving forward with it.

They know that if we made it 10 years and people have 34 cents for every dollar, that kind of inflation, nobody is going to be, they're going to all be voted out quickly.

Okay.

That's the best case scenario, that they're all voted out.

These people do not intend to keep capitalism.

They are working on something called the Great Reset.

Joe Biden talks about it.

This is out in the open and we refuse to listen to it.

They're not trying to fix us.

They're trying to transform us.

And the only way you can do that is if people are in so much pain, they'll take anyone that will bail them out.

So they have to collapse the dollar to make this work.

I really truly believe the acceleration is because We're waking up.

You got to collapse the dollar.

Remember, read Janet Yellen.

Read what the Treasury has on their own website about moving from a paper dollar to a digital dollar.

Why do you think all of a sudden they're coming after Bitcoin?

Why is the IMF coming after Bitcoin?

Do you really believe it's because people use it for bad things?

How many of our dollars have traces of cocaine on it?

It makes

zero sense.

Right.

Unless

you are actually trying to collapse it so you can start something new.

Remember,

they always have a solution to the problems they're creating.

This is the great reset is their solution.

And once you start seeing that, you will then start to say, okay,

all right.

I'm going to be part of a force that fixes that.

I'm going to fix that at least in my own household so my back isn't up against the wall.

Do not take a dime from the government.

Don't take a dime from them.

Okay, so let's talk about what is happening with freedom of speech because remember, the thing that they have to have for the great reset to work is they have to have cash running through the financial system.

It has to be run through the financial system to the government so they can direct where the dollars go.

That's one reason why you should be in a savings and loan.

The other thing is they have to be able to silence the voices that are telling you things.

I believe, I truly believe that in a financial collapse, it's going to be very difficult to find me.

It is not

happenstance and it is not because of any other view that I hold that you can

searches you can barely find me now on YouTube you can't find the stuff I have over a hundred videos on the great reset they will never come up in your playlist never you have to search for them that's why yesterday we put on YouTube on under playlists

everything you need to know about

the great reset

you're gonna have to search this stuff out it is shocking shocking the way this is being held back from people and stifled.

So I don't think those people are going to have a voice to be able to warn you or tell you what's going on when it begins.

So that brings me to Spotify, the White House,

Whoopi Goldberg, Joe Rogan.

Who's actually behind this stuff?

What's actually happening with Joe Rogan?

You can say, well, these doctors, you know, they said,

did they?

Did they?

Are they doctors?

Really?

This is the best of the Glenn Beck program, and we really want to thank you for listening.

This is the Glenn Beck program.

So let me give you a couple of stories here and tell you what's really going on.

If you look, and

luckily, we are in a place and a time now where

people know it and they're sick of it.

They're just sick of it.

They're sick of being called racist and everything else.

Those things are not working anymore.

Joe Rogan is now a conspiracy theorist.

That's going to be broken soon, and I think he's going to beat this.

Now, there was a journalist that wanted to prove what we all knew.

This isn't real.

This is AstroTurf.

Yeah, it's Jordan Schachtle.

He's got a sub stack that you can check out and subscribe to.

And he looked into the background of all of this.

Okay, so what he found, remember, this was a group of medical professionals.

This is a group of doctors that have just had it.

Okay, no,

they're academics.

and left-wing activists that pose as medical professionals.

Okay?

They're the ones that got together.

Now, who are they?

Well, the vast majority of doctors are not medical doctors.

They're PhDs.

Like Dr.

Joe Biden, for example.

Exactly right.

Exactly right.

So they're purveyors of misinformation themselves.

So if you look at the people that were associated with this and who really are running this group, they're coming from two places, the Rockefeller Foundation,

and

which, by the way,

this person was with the COVID-19 tracking project from the Atlantic, which was funded by Mark Zuckerberg and the Rockefeller Foundation and other left-wing institutions.

It was largely a data gathering operation.

I don't know if there's necessarily all that much nefarious there, but there was

the usual suspects.

Yeah, sure.

Same group, same circles.

All right.

So the other person,

Dr.

Cat, which is a Ph.D., she's, and by the way, are you going to a Dr.

Cat?

K-A-T?

Because I'm not going to a Dr.

Cat.

Why?

You don't think of someone with Kat is

a shortening of her first name?

No.

It's not.

It could be short for Kathy.

Well,

her name is Katrine Wallace.

Okay, so for Katrine, you'd go to a Katrine.

don't know.

No, because it sounds too much like Latrine, but

it sounds like you're an idiot.

Okay.

Wow.

Anyway.

That's a major set.

That's going to make some news.

You're going to get protested for that.

So

kind of a violation of all journalistic standards in referring to her as Dr.

Catherine Wallace

because,

you know, I mean,

that's like, you know, looking at a TikTok video and saying it's the Bible.

No, it's really not.

She holds a Ph.D.

She's an adjunct assistant professor in Illinois.

She has no background in vaccines or relevant fields related to COVID-19.

She also

has done a lot of work, which is interesting

with another group.

And there's one other person, the fellow campaigner, Abby Richards.

She's a misinformation researcher, and she helped organize things.

Well, she's actually, when it says a misinformation researcher, she's a consultant with Media Matters.

And

so they're doing research on people like me and making sure that you know that I'm full of misinformation.

Highly credible.

Or something like that.

She's the one that Media Matters launched the campaign with to cancel Tucker Carlson because he's a white supremacist.

So, you know, you have that.

And she does have her master's.

I mean, you know, she's not a medical doctor, but she has her master's degree in climate studies.

So

she's doing well.

So this is not a surprise because they are, as we told you, what, two months ago, they are coming after podcasts.

That is their angle.

They've got to shut down podcasts.

Yeah, it's their new thing.

They've gone after Tucker Carlson a lot lately.

And

these organizations exist just to silence voices, as we know.

We've been through this a million times.

We played for you the ads that they started launching on the web where they're like, well, did you know that podcasts are blah, blah, blah, blah, blah.

And they saying all these bad things about COVID-19 that you're not supposed to hear.

And

they've launched a campaign.

And so much of this stuff comes from these organizations.

You know, it's not the other way around.

It's not people are upset about podcasts and therefore these organizations start efforts.

It's these organizations start efforts and they launch multi-million dollar campaigns and go to all their friends who are journalists and say, hey, we're about to launch a $10 million campaign against podcasts.

You should write about it because then it will look like your story.

And so they write about it and they act as if it started in the world of journalism when it doesn't.

It doesn't.

99% of this stuff is not like the movies.

It's not like, you know,

Watergate.

It's these people

who are with specific agendas and specifically tied to these events that go to their friend reporters and tip them off so that they can get the credit for these stories later on.

And it looks like they've uncovered this big truth.

When in reality, it's been leaked to them by their friends as supported by multi-million dollar donors this is how this works all the time all the time this is almost all the news you read works that way and the reason you know this to be true is

how come nobody is up in arms about gas prices

you remember when george bush i mean gas wasn't even like this and it certainly wasn't going up at this rapid pace and yet nobody's talking about it no one is talking about gas prices And what is the president doing?

If it was doing this under Donald Trump, you bet they would have.

The border.

But the border.

The border is as bad.

It's much worse than it was when it was making news 10 months ago.

Much worse.

It's worse than anything we've seen before.

And they're doing nothing about it.

Why?

Because it doesn't fit the agenda of the journalist and all of the journalist friends who work at places like Media Matters.

So that's really what's happening.

Now, when it comes to Whoopi Goldberg, I can't tell you what's happening.

The chief executive of the Anti-Defamation League

was really upset at Whoopi Goldberg for saying the Holocaust was not about race.

Okay,

here's what she said, and absolutely it was about race.

Let's be truthful about what the Holocaust,

it's not about race.

She said, it's not, it's, okay, go ahead, play the clip, yeah.

The Holocaust isn't about race.

No.

No, no, it's not about race.

No,

it's about a different race.

But it's not about race.

It's not about race.

What is it about?

Because it's about man's inhumanity to man.

That's what it's about.

But it's about white supremacy.

Well,

it's not about

race.

It's that purpose.

But these are two white groups of people.

How do we have to

But you're missing the point.

You're missing the point.

The minute you turn it into race, it goes down this alley.

Let's talk about it for what it is.

It's how people treat each other.

Okay.

No, Whoopi, it's,

I mean, that could be part of the conversation, but this was about a group of people who thought they were superior.

to other people, and they divided them by race.

I mean, you know, one drop of Jewish blood is too Jewish.

I mean, did you forget about this and the final solution?

That they're vermin because they're Jews?

I mean, I think that pretty much sounds like race, but I don't understand how

the master race.

I mean,

they get their terminology all over the place.

Right.

I'm trying to understand how the Anti-Defamation League is upset about this

because doesn't that violate

their

their own definition their new definition of race

I mean the ADL used to have one that said look it's when one group of people think they're superior over another and think they're more intelligent than the other yada yada yada and

they they take it out on different races their new definition makes whoopies analysis accurate it does because it's it can racism can only happen by white people to people of color, according to the ADL's own brand new definition.

What Whoopi is saying

is right

with the new thinking about race.

She's not some old-timey bigot.

She's a new kind of bigot.

Yeah, I mean, here it is.

This is their new definition.

as changed from the old school Martin Luther King definition definition.

Racism, the marginalization and/or oppression of people of color based on socially constructed racial hierarchy that privileges white people.

So only white people can do it.

Only white people can be racist, but they can't be racist against other white people.

So

I don't, I don't know.

I mean, now maybe it's because she said

it's about man's inhumanity to man.

And so she wasn't specifically saying it was white people's inhumanity.

Right, but if

her analysis is it's not racism because it does not target people of color.

That is consistent with the ADL's own definition of racism.

If you go by what the ADL says is racist, then of course the Holocaust had no racist vibes to it at all.

He was not oppressing people of color.

He was replacing another race.

Now, he, of course, said that.

Well, he said.

He did also do it to people of color.

I know.

That's a whole other part of this.

It's not their very existence founded.

Is not their very existence founded on one great lie, namely that they are a religious community, whereas in reality, they are a race.

I mean, this is so, I think anybody who knows this stuff knows this.

It's very, very obvious.

This is a new, I'll bet you this is a new point of view for Whoopi.

I think Whoopi is into this new kind of thinking, and the ADL might be parroting that thinking on their website.

Maybe, but I highly doubt that, what's his name, Goldblatt or whatever, who is in, I mean, I've seen it firsthand, completely inconsistent on everything, it seems.

I doubt he's actually up on the new kind of racism that his organization is now pushing.

I don't know.

He's heading the organization and they changed the definition.

Isn't it more possible that Whoopi's just an idiot?

I mean, I think.

Well, yeah, that goes without saying.

Okay, of course.

I just want to make sure I understand that.

Because, I mean, she, to me,

it's likely that she's applying her understanding of race, which is formed around whatever she just read on Twitter in 2022, which is basically like, oh, well, white people are mean to black people.

George Floyd,

you know,

woke, woke.

This is what she, that's what, I mean, she, and she, so she sees, well, I, that person looks white, that person looks white, it can't be race.

That's why she said

it's not about race.

Uh, uh, she said, these, these are two white groups of people.

The minute you turn it into race, it goes down this alley.

What alley?

It was two white people?

No,

it's one that saw differences and claimed that these Jewish people, it is a race, which it is a race,

that that's a race, and that race is subhuman.

That's what it is.

It didn't have to be white people.

It could be black people.

It could be anybody.

And it was ugly.

Correct.

The Aryans were the master race, and everything else was inferior.

That was the whole point.

Just crazy.

Obviously, he targeted Jews beyond the level of anyone's comprehension.

But it was not the only group he targeted.

Correct.

And now let me also, let me just end it with this.

Anybody who is crying for her to be

taken off the air, stop it.

She has a right to say these things.

She's stupid.

We know it.

Look at their ratings.

They've got, in the demo, they've got like 40 people that are watching that are under 88 years old.

You know, fire her because of the ratings, but you'd have to fire all of them because of that.

But not what she says.

I stand with Whoopi Goldberg being able to keep her job and not be fired because of an opinion.

That's not what we support.

And can we at least acknowledge the fact that I was watching these clips yesterday.

That show has been on the air for 25 years.

Yeah.

This is a 25-year show that is nothing but a collection of the dumbest people you've ever met talking about things they've never thought of before.

Yes.

I mean, think of just the magic that has to occur to put these dumb people on the air to talk that stupidly about the news every day.

Amazing.

Well, and she's a despicable human being, and I know because I know her.

The best of the Glen Bank program.

All right, so

let's just talk a little bit

about China and what's happening in China.

China is not our friend.

It hasn't been for a long time.

Not sure it ever has been, but it's the new model for the whole world.

And it's also the biggest market.

And you know, everybody has sold out to America.

Well, now it's our turn.

Everybody's selling out.

including an Olympic athlete.

When I read a headline of a story, I thought this San Francisco-born athlete was saying, I'm bucking the system.

I'm not going with the team to the Olympics because she's not.

She switched teams.

She's an American who is going to now ski for the Chinese.

What the hell has happened?

Now, I can't talk about her.

But I can talk to an expert who has spent, what, a year and a half looking into this?

Yeah.

Year and a half of full-time research with several people to author the new book, Red-Handed.

It's Peter Schweizer.

He's president of Government Accountability Institute.

His new book is Red Handed, How American Elites Get Rich, Helping China to Win.

Peter,

you have written a lot of books.

And a lot of it has been about, you've actually had laws changed because of what you have uncovered in corruption in Washington.

You have told me this is the most frightening book that you have done research for.

Yeah.

Yeah, it is

because of the breadth and the depth of it.

You know, I've looked at insider trading on the stock market.

I've looked at the Clintons,

and those are really troubling cases that to a certain extent you could argue were somewhat isolated.

This is not isolated.

When you're talking about China forging commercial ties with the American political class to co-opt them, you're talking about the President of the United States.

You're also talking about leaders in the House and the Senate.

When you go to Silicon Valley, it's all the big names in Silicon Valley.

Elon Musk, the guys that found Google.

You go to Wall Street, it's all the big Wall Street financial firms.

I quote them in the book.

I explain the deals in the book.

So it's so comprehensive.

It's almost an entire class of people, Glenn, that are currying favor with Beijing and, I would argue, argue doing their bidding in very important and significant ways.

Tonight, Peter and I are going to the chalkboard and we're going to lay it all out for you, especially the Biden connection.

Joe Biden has literally sold, well, not his soul, but our souls.

He has sold America for cash.

to the Chinese.

And it's clear.

It's clearly illegal and it's provable.

Yes.

But nobody's going to do anything about it.

Yeah, I mean, that's the shocking thing.

Glenn, you and I are, we were just talking earlier.

We, we grew up in the same area, around the same area.

We both remember the Cold War, right?

Could you imagine if the Carter family or the Reagan family had done deals with Russian businessmen who had links to the KGB?

No.

There'd be alarm bells going off.

Alarm bells.

Impeachment

immediately.

Exactly.

Impeachment.

People would be calling for their heads.

Yes.

People would be calling for their heads.

That's precisely what you have with the Bidens.

And I'm looking forward to tonight mapping this out.

But we found $31 million.

This all comes from Chinese corporate records and documents from Hong Kong and from legal documents in the United States.

So it's not just a number drawn up.

$31 million that the Biden families received from businessmen.

Every single one of those businessmen you can trace to the highest levels of Chinese intelligence.

So, you know, what was before...

Is that like, you know, I got the money from Bob, and Bob has a neighbor whose cousin once was at a garage sale of a guy who's up in the Chinese Intel.

Yeah, no, it's not that at all.

So I'll give you a couple of examples.

One of the deals Hunter got, you and I have talked about it before, was BHR, this private equity deal.

Hunter Biden's taken theirs $20 million.

He got ownership of this financial management firm.

He had no background in finance, didn't bring anything to the table.

They gave him $20 million.

This is something that no, Goldman Sachs didn't even have.

No, that's exactly right.

A unique deal for little humble Hunter Biden.

So who made that happen?

Or as my kids would say, who made it rain for Hunter in China?

The two people that made that deal happen.

One is a guy named Che Feng, kind of a mysterious businessman.

Hunter in the emails calls him the super chairman.

And at one point he says, I don't believe in the lottery anymore, but I believe in the super chairman.

So he knew this was a big payoff.

So as Chef, as Che Feng is arranging this deal for Hunter Biden, who is Chefeng's business partner?

It's the vice minister of state security for China, a guy named Ma Jian.

They're business partners.

So it's not, yeah, it's not just that Russian businessmen,

you have Russian businesses, if we go back to the Reagan thing,

that

the co-chair or the partner is the head of the KGP.

The head of the KGP.

It's direct.

It's not indirect.

And so this guy, Ma Jian, who's the vice minister of state security, his job is foreign recruitment.

It's to recruit foreigners to spy for China.

This is the guy whose business partners with the man who sets up Hunter Biden and the private equity deal.

The other man that plays a central role in that deal and who separately transfers $5 million to another Hunter business called Burnham is a guy named Mr.

Zhao.

So Mr.

Zhao, again,

makes it rain for Hunter.

Who is Zhao's business partner?

His business partner is the family.

of the former minister of state security, the guy who runs the entire spy apparatus in China.

So, you know, when I say the highest levels of Chinese intelligence, I'm not talking about some mid-level analyst.

I'm talking about people at the very top.

And the problem is, Glenn, every single deal that we know of that Hunter got in China has a link to individuals who are juiced in at the highest levels of Chinese intelligence.

So this is not a story.

What are you thinking they're getting in return?

Well, that's the question, right?

What I know is Chinese intelligence does not run a philanthropy.

They're not businessmen.

They're not looking

to be a drug rehab program for Hunter Biden.

They don't feel sorry for him.

They're like, you know, he's really screwed up his life.

Let's give him a shot.

Right.

That's give him a 20, you know, a 20 billion or million.

A million-dollar business here.

Yeah.

It's not happening.

Yeah.

No, it's it's so it's clear what they want.

They want to compromise this political family as they do with other families.

But the Biden one is particularly troubling because the concentration of all these intelligence sources and the fact that Hunter does something really weird.

Now, I know Hunter does a lot of weird things.

This is

from the laptop.

This one, in the context of who he is doing business with in China, is really shocking.

In the summer of 2014, Hunter Biden goes to the Secret Service, and the Secret Service has confirmed this to the U.S.

Senate.

He goes to the Secret Service and says, I don't want you guys traveling with me when I go overseas.

Now, you know, the Secret Service...

is going to resist that and say, we need to do this.

It's about your protection.

But Hunter Biden insisted, and they stopped traveling with him.

That's unusual because you go overseas.

If someone kidnaps the vice vice president's son,

we're going to have to rescue him.

Exactly.

Exactly.

And the biggest threats you're going to face are going to be overseas, and not to mention honey pots and all the other, you know.

So clearly, Hunter did not

want the Secret Service or federal law enforcement to know what he was doing.

Maybe that's tied to the drugs.

I think it's also tied to the fact that he knew he was doing deals with people that were juiced in in this way.

Now, the reason why this isn't going to happen is because everybody's doing it.

Yeah, a lot of people are.

Yeah, there's no question about it.

And it's a bipartisan problem.

Right.

There are Republicans that bring up the Biden thing as they should.

To me, that is the biggest issue because he's the commander-in-chief, president of the United States.

But you've got people in the Republican side of the aisle, Mitch McConnell and his family.

What a surprise.

Who are,

let's just say, leveraged to Beijing.

What does that mean?

Well, so Mitch McConnell is married to Elaine Chow, the transportation secretary in the Trump administration.

Her family has a shipping company called Foremost.

When they got married back in the early 1990s, Mitch McConnell is a U.S.

senator, traveled with his father-in-law, James Chow, to Beijing to meet with top government officials.

Now, this was right after Tiananmen Square.

There was no political figures going to China at all.

They sit down, and basically what comes out of that deal is an agreement that China is going to help the Chao family shipping business.

And so it goes from being a small company with a couple of ships to today, it's a massively successful multi-billion dollar enterprise.

And so what does China do for Mitch McConnell's family?

They build all the ships, the massive super bulkers that drop.

They build all the ships.

The financing of the construction of these ships, you know, one ship can be $100 million.

It's financed by Chinese state banks.

The crew.

Which is Communist Party.

Exactly.

Absolutely.

Is there any way to do business in China without Communist Party?

No, not at that level.

Maybe if you buy a bag of potato chips from Beijing, but yes.

But you're right.

This is not Bank of America.

This is Bank of China, which is the Chinese government.

The crews that man the ships.

I would like to point out, I think Bank of America is directly connected to the U.S.

government at this point, but I digress.

Right.

So, but you've got the ships being built.

You've got them being being financed by state-controlled banks.

The crews are all Chinese provided by the Chinese government.

And most of their contracts are shipping state-owned enterprise goods around Asia.

So when I mean leverage, the Chinese government, if Mitch McConnell were to do something they did not like, could literally destroy the family business overnight.

That's leverage.

And that's what Beijing wants.

They call the strategy elite capture.

If we can capture foreign elites, make them sort of bend to our will,

then we are effectively decapitating our enemy.

Tonight, we're going to outline all of this from the White House to Wall Street

to the Capitol.

We are going to put a chalkboard together and Peter is going to be there.

He will show you the facts so you know this is

this is why we are This is why we're not serious about China.

I mean, when Donald Trump, you know, everybody, he's got a deal and maybe he's going to build a hotel and maybe he's going to build a hotel.

Look at what McConnell is doing.

There's no maybe it's happening.

Look what this president is doing.

There's no maybe

the $30 million has already arrived to their bank accounts.

So there's no maybe, possibly, we don't know.

Let's investigate.

All of the facts are very clear.

The question is, have we already been sold out to China so far

that nobody's going to do anything?

That's my guess.

So in the book, you talk that you say that there are 20 former U.S.

senators or members of Congress that went to work.

for the Chinese intelligence?

Military?

Yeah, they lobby on behalf of Chinese intelligence or military-related companies.

So these are the companies that develop the software to spy on the Uyghurs.

These are companies that are involved in developing military related technologies.

These are companies like Huawei, which both the Obama and Trump administration said is a proxy for the military and their technology is used by the Chinese intelligence and military to spy on Americans.

These are former senior Republicans and Democrats from the Senate and House who are getting paid large sums of money, in some cases a million dollars a year, to lobby on behalf of these reprehensible companies.

And these companies, you followed the thing on the 5G.

Yes.

Okay.

5G ready to roll out.

We've done all kinds of testing.

The companies had time to talk to the FCC, tell us what you need.

The FCC listened to them, gave them, I think, double what they were asking for in bandwidth

to protect our flights.

And then suddenly, as it's getting ready to roll out, they say, whoa, whoa, whoa.

And I talked to the FCC commissioner and I said,

I think this is the Biden administration and others saying,

no, stall that because it only helps Huawei and hurts us.

If we can't roll it out across Europe, well, they're going to go with China.

Right.

And all of our information, everything, it's all about data collection with China.

Yes.

Correct?

Yeah, no, that's exactly right.

You know, the future in technology is artificial intelligence.

And what experts will tell you is what matters in artificial intelligence is data.

And China is the OPEC of data.

Part of it is because they have so many people.

Part of it is they have this intrusive state so they can collect data on whatever they want.

Part of it is they collect data on Americans through TikTok and through these other, you know, could you please explain this?

Because I'm going to play this to my kids because my kids roll their eyes when I'm like, it's Chinese.

Right.

Don't do TikTok.

Don't look at it.

Don't open the app.

Get rid of TikTok.

And they think I'm crazy.

Yeah, no, I mean, TikTok is a Chinese owned, controlled company, and TikTok censors.

I mean, there are people that have put up sort of anti-CCP

statements about human rights abuses.

TikTok takes them down.

They shut them down and they allow other political content.

So, you know, the thing people have to understand is that if you are a major player in China, meaning a major company, you are fused to the state completely and entirely because that is the way Xi has changed this country.

It used to be that way, but it was softer.

Over the last 10 years with Xi, he is moving it in a direction where they are fused together.

And what he has said, Glenn, repeatedly, I mean, it's not, you don't have to try to figure it out by divining the tea leaves.

What he said repeatedly and bluntly is that the technological race with the United States is a war, and China intends to win the war.

And they are are right now.

They are.

And

to achieve the commanding heights, in his words, in this war, he wants to win the battle of artificial intelligence.

So what's happening, Glenn, what's happening is Google and Microsoft, I talk about this detail in the book, are financially supporting and providing technical support to research labs in China that are known to be entirely fused with the Chinese military.

So you have two of America's most powerful technological companies aiding and abetting Beijing in their competition with us.

Microsoft, Microsoft, maybe you need to think about this here, Glenn, Microsoft accepts interns from the People's Liberation Army.

I mean, it's insane.

You know, the notion that they would wander around, it's just unbelievable.

And this is the mindset of Silicon Valley.

They don't care.

They don't feel that they are, you know, particularly American.

For them, it's all about the technology.

And we are allowing them to to do this.

We are allowing them to undermine us.

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