Stand for Freedom in Cuba | Guests: Jason Whitlock & Art Laffer | 7/12/21
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Transcript
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Stand by.
What you are about to hear is the fusion of entertainment and enlightenment.
This
is
the Glenback Program.
Hell, hello, you sick-twisted freak.
It's been a while, and there's been a lot going on.
So I have a lot to comment on, and we begin in 60 seconds.
The Glenback Program.
So, Monique is a regular listener to the program.
Of course, she is.
I mean, it's Monique.
You know what I'm saying?
Chicks dig me.
Anyway, she writes in about her experience doing business with American Financing.
She said, I heard about American Financing, Glenn, on your program,
and they were everything you say they'd be.
They were quick, honest.
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The whole process from signing the application to closing was so fast.
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Thank you.
Monique, I know I hear you.
I know what you're you're saying, but no, no, I'm happily married.
Listen, you don't have to be Monique to get this kind of treatment from American Financing.
All you have to do is just call them.
They work for you and not the banks.
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Put your hands together.
Yes, the triumphant return.
Behind my cardboard microphone, wearing my tinfoil hat.
Of course I don't wear a tinfoil hat.
Tinfoil would carry my thoughts and work as a broadcast antenna.
Of course,
people...
Oh, he's wearing a tinfoil hat.
No, I'm not.
I'm on to you, CIA.
I'm on to you.
Welcome to the program.
Really glad you're here.
I just want to report a couple of things that have happened while I was away.
And I think this says everything we need to know.
You know, one of the stories that I really enjoyed was to see the FBI and their detective work when they confiscated the scale model, the Lego scale model.
I thought to myself, man,
we're protected.
We are safe.
I mean, if they've got a scale model, a Lego scale model, well, I find out today it's even better.
FBI wanted to clarify it was it is a scale model, but it was still in the box.
So
when you have that kind of evidence, I mean, look out.
Also, today, newly disclosed criminal case against a man named Fi Jiang.
Super white supremacy sounding, isn't it?
They have infiltrated Fee's.
May I call him Fee or should I call him Duong?
I'm not sure.
Anyway,
he was interacting with undercover law enforcement officers several times on January 6th and into recent months.
The FBI ultimately gained access to his group.
Fee had a group.
I don't know how many people were in the group.
The Fong group?
The
Diong group.
The Deong group.
The Dion group.
Might be just Dong.
Fi Dong.
I'm not sure.
Deong.
D-U-O-N-G.
It's probably racist.
Well, it is racist for me, but not to know how to pronounce it.
But stand in line when you're complaining about Beck.
Can't get your name right.
So anyway, they have arrested him for pursuing bomb building.
Fee.
White supremacist.
And apparently a pretty dangerous group of people.
One arrest has been made.
So I feel better.
Now, listen,
there have been some really disturbing things that I don't think the media has given you an accurate view on, mainly because they talk about it and they just move on.
And they're like, oh, this is great.
This is great.
There's a new bill out.
Congress is doing something.
And you know what?
They're putting the government in charge of your credit score.
I heard that and I thought, wait a minute, what?
That doesn't sound good.
Good credit is a gateway to wealth, says the financial service chair Maxine Waters.
Yet for far too long our credit reporting system has kept people of color and low-income persons from access to capital to start small businesses, access to mortgage loans and become homeowners, and access to credit to meet financial emergencies.
Okay, hang on just a second.
People of color, I hope that's not true.
And if it is, that needs to be, you know, covered.
And I thought we had all of these rules in place so you couldn't discriminate.
I mean, can you show me some evidence where people of color have been held back from getting loans for mortgages or anything else just because of color?
Please show me that because we should clean that up.
I don't believe that's happening, but maybe it is.
Maybe it is.
I would think that we had gotten past that point.
And then low-income persons from having access to capital to start a small business.
Yeah, I mean, that was me at one point.
I remember being very, very frustrated
when I was young that I couldn't get credit.
Well, I remember saying to the bank loan officer, how am I supposed to get credit if you won't give me credit?
That happens to everybody when you have low income.
What this sounds like is what led to the financial collapse of 2008, where they told the banks, you have to give loans to these people.
So it's, but it's really not even about that.
It's not even about this is again, Congress doing what they did in the early 2000s that caused the collapse.
What this is about
is protecting your credit score.
That's Protecting Your Credit Score Act of 2021.
And it's a comprehensive credit act and it reforms our credit reporting system.
And it makes the government
in charge.
They're going to replace the three-tiered credit bureau system with a public credit registry.
That way, and it's going to be run through the Consumer Financial Protection Bureau, which is Elizabeth Warren's little bureau.
Isn't that great?
So that you can trust it.
Now, what happens when the government has your credit score
and the government is the only one that you can go to if you have a problem?
First of all, anybody who has ever had a problem with their credit score and it was an error,
imagine the fun it'll be when you're dealing with the federal government.
Oh, it was fun to try to turn it around outside the federal government.
And I can tell you, this reminds me of attempting when we moved to Texas to remove myself from the auto-renew of the toll service in New Jersey
because you could, you know, they charge you every month, and if you go through the tolls enough, it refreshes.
Well, what they came up with was a system in which they would deduct if you didn't use any tolls at all.
They just had an arbitrary, they would charge you $1 a month for holding on to this thing.
So, $1 a month would come off of my balance every month, and then eventually it would get to zero, and they would recharge me, even though I was living in Texas.
And I spent
countless hours on the phone,
online, trying to get them to reverse the system.
Well, it's not going to be like that.
I eventually had to send them legitimately a fax.
A fax.
A fax.
And still, after the fax happened, and they turned it off, two years later, they just turned it on one day and started charging me again.
So every single month again, I had to go through a whole process again.
Now, kids, a quick lesson.
What did we learn from Stu?
He is part of the rich elites.
Yeah, there you go.
Okay.
And evidence?
He had access to a fax machine.
As we have learned recently from our vice president, people don't, people in rural areas, they don't have fancy things like fax machines.
They don't have
mimeograph machines.
You know what I'm saying?
They can't copy anything.
I don't know if you know this.
I mean, you're listening to me.
Most likely you're living in the middle of the country,
or at least your heart resides there, where there are no copy machines.
Here's the vice president.
Is agreeing to voter ID one of those compromises that you'd support?
I don't think that we should
underestimate what
that could mean.
What could that mean?
Because in some people's mind, that means, well, you're going to have to
Xerox
or photocopy your ID to send it in to prove you are who you are.
Well, there are a whole lot of people, especially people who live in rural communities, who don't.
There's no Kinkos, there's no Office Macs near them.
People have to understand that when we're talking about voter ID laws,
be clear about who you have in mind and what would be required of them to prove who they are.
Okay.
God forbid we get to a Xerox machine.
Notice she cleared that up.
She didn't use Xerox because Xerox is so outdated.
You can buy buy a Xerox machine for like a dollar all right a Xerox they don't even have mimeographs no yeah out here in the rules what we do is uh I just put my hands up like I got a camera and I like like click and then I said June I got a copy of it I'm gonna have it developed
but we don't have film or cameras or anything like that yeah you know most people don't have film or cameras or could you sorry please my bad my bad could you i mean there are things that you can you can you know use today that people in the middle of the country have that would
ah i i got so irritating it's my fault my fault sorry that you don't have to have a camera or film or a Xerox machine I'm
it must be important I should probably just take it can you just silence your cell phone for a second yeah how do you do that is there a button on here there's maybe it's this one Hold on.
I don't know.
Oh, no.
That's making it ring again.
Oh, my gosh.
Well, now I forgot what the device was that everybody has that could, you know, take a picture of something and send it right away to the government.
Yeah, me neither.
Can you?
I'm so stopped.
That's just embarrassing.
And you're on the Radio Hall of Fame and I'm doing, I shouldn't be doing.
He's throwing the whole show off.
I can't start a show like this and then have that happen.
I can't.
There is a device.
Trust me.
I'll change it to this.
This will be better.
Thank you.
There is a device that can do that.
I don't know if Kamala knows that, but
hey, also,
can you stop?
I just now they're calling in all the different ringtones.
As he figures that out, let me take a quick 60-second break to tell you about our sponsorship this half hour.
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10 seconds station ID.
Man, we have so many important things to talk to you about today.
Um,
but I just have to go over a few things, Stu, since the world has changed since I have
since I've been here.
Really?
Yeah, I was on vacation for 10 whole days.
Are you kidding me?
World moves fast today.
I'm just checking the list here on things that have now become
racist
in the last 10 days since I was here last.
Remind me, don't use the word exotic.
Like exotic food.
Can't use that anymore.
Exotic is racist.
Exotic is racist.
Exotic.
So like,
yeah, I want to have, let's have some exotic food.
You're like, oh, take off the Klan mask.
Why don't you?
Okay.
I was unaware of this.
Really?
Yeah.
Washington Post in the food section last week banned the word exotic, said it's rooted in white dominance and colonialism.
So don't say it anymore.
It's interesting because exotic is a PC term when it comes to dancing.
It's actually the softer version.
That's erotic.
Okay, is it?
I think exotic dancing is a nice way to say that maybe you're doing something, something else.
Okay, all right.
And
now that's banned.
So now where do you go with that?
Well, I don't know, but exotic will take you right, according to the Washington Post, to xenophobia and racism.
It's the slippery slope.
In fact, it's not.
It's a direct path.
It is the doorway to xenophobia.
Isn't that the whole point of the food section, though?
Like,
you're trying to introduce people who might eat grilled cheese every day for meals into more well, here's what I've started to say.
Adventure?
I've started to say that eggplant is exotic.
That way, I don't have to eat it anymore.
Can't order that.
Can't order that.
Celery, exotic.
Can't eat it anymore.
All salad ingredients.
It's weird.
It's a little bit exotic.
It's really weird.
Now, there's another thing.
Since I've been on vacation, remember the world moves fast.
I've been gone for 10 days.
You would expect several items to be listed to the racist category.
Geology is also apparently racist now.
The study of rocks, racist.
Say it with me.
Racist?
Yeah, geology is racist.
Come on, drill it into your head, man.
A group of top geologists have published a manifesto in a scientific journal called Nature Communications.
Read that.
I'm a scientist.
I'm a doctor.
Of course, I read that.
And it's really good, except for this article, but I got to believe it because it's...
It's science, man.
They claim black people are hesitant to become geologists because they fear being gunned down while using basic
geological tools like hammers.
Wait,
what?
They go on to say it's because of the stereotype associated with black people holding objects.
I don't even understand what that means.
Holding objects?
That's a very broad stereotype.
When I say black person, what is he holding in his hands?
Immediately, what comes to mind?
What is he holding in his hands?
A small rock hammer.
A small rock hammer.
Exactly right.
And they're going to be gunned down in those
geological
enclaves that they all work in.
And how often?
Do you get in one of those geological areas of town?
Yeah.
Exactly.
Yeah, that's when.
If you're black, don't go into those sections of town.
Definitely not.
Holding objects, quoting, holding objects like a rock hammer has been viewed as suspicious
and has been used as a reason to call the police on black people.
What?
911, listen,
there's a black person.
They're holding a geological hammer out in front of my house.
And
I don't know what he's planning on doing it.
Breaking rocks or just killing people?
Probably killing people.
Can you can you?
I don't even know what a geological hammer looks like.
And
this can lead to the, I'm still quoting, lead to the death of black individuals entirely because of racial profiling and an unjustified fear of black people with hammers.
That's a phobia I had not heard of before.
That's one I didn't know.
Yeah.
And the lack of geologists who are black shows the bigoted roots of geology.
911, I've got an African-American with some black opal outside my house right now.
God forbid.
God forbid they say they're studying any kind of exotic rocks.
Oh, my God.
We'll know what's going on there.
And then, of course, over smiling is
now, you know this, right?
Oh.
Oh, this is from Robin D'Angelo.
Ah, I wasn't.
What were you covering?
Nice racism.
Yes,
not that.
I was not covering the contents of nice racism in a new book, which is bombed by the book.
It is over smiling that white people do.
White niceness in the face of racism is a form of plantation relationships.
So, you know,
if you're smiling, it doesn't mean that anti-blackness isn't simmering just below the surface.
And
there was
one added last night from insect experts.
Insect experts now say they are concerned that the gypsy moth is offensive to certain people.
Now, I don't know who those certain people are, probably black people with hammers.
I don't know who those certain people are,
but
those certain people might be offended by the gypsy moth.
And I don't know how many times I've said it.
If I've said it once, I've said it once.
We've got to rename the gypsy moth
and get rid of black people with hammers.
Oh,
see what you miss?
In a week, in a week, the world can change.
I mean, is it possible we can get the black people with hammers to just crush the gypsy moths?
Maybe we get a vote with a little bigger hammer.
I would be fine with that.
It's a win-win.
It's a win-win.
This is the Glenback program.
You know, I love a good movie, love to watch it with the family.
What ruins really almost every great movie is squirming.
That's the part, that's the part where you're watching it with your kids and you're like, huh, didn't know that was going to be in here.
Hmm, uncomfortable.
Let's all not look at each other and just move on and hope nobody noticed it.
It could be graphic violence, extreme language, sex scenes that just pop up onto the screen, you know, right when your kids are walking into the room.
There is a device out that is really, really great.
It's called VidAngel.
I shouldn't say it's a device.
It's a service that is provided and
it will take and it will skip all of the parts as you direct.
So you could say, I only want the sex scenes, and I guess it'll only give you the sex scenes.
I haven't tried it that way.
I know you can take all of that out.
You can say language up to this word is fine, but you control what your kids and what you are watching.
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Glenn is back this week.
Big show planned for Wednesday.
Friday night with Matt Schlapp from CPAC.
I did something over at the Mercury One offices at the American Journey Experience in the History Vault.
We brought a bunch of the CPAC people over and we showed them the vault and Matt was there and blown away.
People don't have any idea what we're doing.
Soon,
you'll understand.
I think what Dennis Prager has done has changed so many people
and it's gotten them interested
to learn more.
And we are currently putting together the largest collection of American history, and especially on the founding era,
we're only surpassed by the National Archives and the Library of Congress and founding
documents on this country prior to 1812.
And
he came in and he said, so what are you going to speak about tomorrow?
Because Saturday I spoke at CPAC.
I said, I have no idea.
And he just got this look in his eye like, oh boy, it's tomorrow.
Do you know that?
And I said,
yeah, I don't know.
I don't don't know maybe i should bring some of this stuff and he's like oh that'd be great i got up saturday morning and i was i was actually in a bad mood because it was one of the last days of my vacation
and i thought you know i'm i'm only going to see pack
because we're in so much trouble you know i'm on vacation 10 years ago i would have said no i can't speak i'm on vacation I'm going on my vacation.
And I was really kind of pissed off that I had to do it.
And not because of anything else, but because of the lies that are being spread
everywhere, everywhere.
And if you didn't see the epic historic takedown of the left from CPAC on Saturday, you might want to check that out.
We'll tweet out a link for you.
It was a whirlwind, about an hour long, and I don't know how you argue with it.
I mean, one person was tweeting all the way through, somebody from the left.
And they're like, oh, Clint Beck's coming up.
He doesn't have an education.
What is he?
And
then she's like, he just said this.
That can't be true.
He just said this.
That can't be true.
He just produced this document.
Does anybody know about this document?
He just brought this up on stage.
I don't.
Can somebody check the veracity of what they're saying here?
I'm always in connection to the internet.
I might not be able to post more.
It was fantastic.
It was just fantastic.
And a privilege to be with the CPAC crowd on Saturday.
And the president spoke last night.
We'll cover that here coming up in just a minute.
Also,
our good friend Jason Whitlock is going to be joining us from his studio in just a few minutes.
I think he has a few things to say as well.
What we all need to do today is go on to Twitter or Facebook or whatever service you have
and
hashtag Cuba Freedom.
Cuba Freedom.
This is the best story coming out of Cuba, I think, in a very long time.
And because America,
Joe Biden's like,
you know what?
They're protesting because of COVID virus.
That's what they're doing is they're protesting against.
No, they're not.
Listen to what they're shouting in the streets.
Listen to them.
I don't understand.
Check another crowd.
What are they saying?
Crowd enter.
Okay, what is this one?
I still can't quite make it out there.
I think they're saying Libra Tard.
Maybe a Leotard.
Leotard.
Is that what they're saying?
Leotard?
I don't know why they're chanting.
It's not Leotard.
Oh, it's Spanish for freedom.
Huh.
Well, who would have guessed that?
So these, our government is describing them as anti-government.
No, I don't think they are.
You know who's anti-government?
Antifa.
They're anti-government.
They want to abolish all government.
Okay?
They're anti-government.
I think the people in Cuba are anti-communist, fascistic, totalitarian government.
I think that's the difference.
They're not saying, give me liberty with no government.
No, they're not saying that.
They're saying, hey, government's out of control.
How about we get rid of the dictators?
That's what they're saying.
No more communism.
Hey, the socialized healthcare system is not really working out for us.
I think that's what they're saying.
And America's voice should be very clear.
To the Cuban people,
we support you.
We are fighting what you fought for the last few decades.
We are fighting the beginnings of it here.
We support you.
We need your support as well.
There are people who are raising their hands in the air all over the world,
screaming for liberty and freedom.
There is a group of people from Hong Kong
to Washington, D.C.
to Havana,
all over the world.
Freedom.
from oppressive governments.
We support you.
You know, unfortunately, I think so many Americans have forgotten what America means to people overseas.
I was in the mall last week.
Yeah,
apparently they still exist.
I went to the mall last week, had to pick something up, and
I'm walking through a store and this woman comes racing up to me and she's like, You're Glenn Beck.
And I'm like,
what?
What?
Holy serious.
Me?
Oh, my gosh.
I love me.
Anyway, she says, you're Glenn Beck.
And I said, yes, ma'am, I am.
She had a heavy accent.
She was from Poland.
She said the same thing that everyone from behind the Iron Curtain or every Cuban or every Venezuelan has said to me in the last 15 years.
What's wrong with America?
We came here for freedom.
Don't you guys realize there's no place to go after this?
Where are we going after this?
I escaped from that.
Meanwhile, our government officials
are meeting
with Nicolas Maduro.
Top officials of the Democratic Socialists of America met with Venezuelan President Nicolas Maduro on Friday,
the chairperson of the National Political Committee of the DSA.
Now, see, you know, it's weird is the DSA was like, no, we want Sweden.
Then why aren't they over in Sweden talking to the prime minister of Sweden who's like, by the way, we're not a socialist country.
I just wanted you to know that.
They say they wanted Sweden.
They don't want what's happening in Venezuela.
Why then are you talking to the dictator of Venezuela?
Why are you doing that if that's not what you want?
By the way, the DSA tweeted out broad support for movements for democracy and socialism in Venezuela.
Uh-huh.
So does that mean were they going to Maduro to say, hey, by the way, we're against you.
We're for the support of democracy and letting the people's voice actually be heard and not squashed.
I'm not sure what they were doing there.
By the way, the Cuban president urges the country's revolutionary citizens to counter the protesters,
which is always going to lead to something very, very,
very, very
good,
very good.
Have the revolutionaries join in and counter the protesters in the street.
He's calling for chaos.
I told you back in 2008, chaos is going to be the key word of
the future, and it is chaos.
If you see anything that is chaotic, you see anybody's plan that
encourages more chaos, stay away from it.
Stay away from it.
Market poison.
You know, there's a movement going on now that I don't think anybody is reporting on.
And that movement is...
All of these people who used to think that they were liberals and they were on the side of the liberal left.
They haven't come over to the Donald Trump side.
Some actually have.
But a lot of people are moving and saying, I don't want to be a part of that.
They're looking for something.
They don't think that it's the conservative movement because the conservative movement
isn't speaking clearly what we are.
Here's what we are:
we believe that all men, black, black, white, yellow, brown, purple, male, female, homosexual, straight,
whatever your choice is,
all people are created
and they are given by that creator rights.
I don't tell you what those rights are.
Government doesn't tell you what those rights are.
Government doesn't define the rights or publish new rights.
All of your rights come come from something so far above that no man can touch or alter them.
I like to call them inalienable rights.
So when you see oppression,
you're not anti-government.
You're anti-authoritarianism.
Because governments are instituted among men
to protect the rights of every individual.
And the one way you cannot protect rights is take it from some individuals and not others.
You can't have special categories, special rights, special privileges.
That's somebody taking the rights that come from way beyond them
and they're trying to curtail, they're trying to
rewrite.
That's not their job.
I can't rewrite your right to free speech.
I can't do it.
I have no power.
No right given to me has, it gives me power to control your life.
So then how could I create a government that does that?
Answer, I can't.
The government is out of control.
I can't give my right to the government to go take stuff from one group of people and not another.
To take rights from one group to another.
I can't do it because I don't have that right, so I can't give it to the government.
So who's producing rights?
Always the government.
Always the government is limiting rights for you and printing rights for them.
This is what's happened throughout the history of man.
And it is the fight against that.
And it is an ebb and flow.
Sometimes we're good, sometimes we're bad.
Because people, sometimes they're good, sometimes they're bad sometimes they're confused sometimes you don't even know what's right and wrong
how many people are like that now
that's why you have to be very clear on who you are
I stand with you if you stand with a bill of rights for all men even those that you really don't like
You stand for those rights.
I've got your back.
I have your side.
I'll even take a few bullets for you.
That's what we stand for.
That's what America is.
And that is exactly what the Cuban people want.
Car Shield.
Yes, some glorious day, not too far in the future.
Our beloved Chinese communist overlords will make sure that whenever your car breaks down, it's the duty of the state to fix it.
Yes, and you won't have to pay anything.
Well, I mean, you will.
You're not going to be making, you know, the wages that you're making now.
I mean, you got to share a little bit of that, and you got to wait six months.
And the car you get back may not look anything like the one you had before, but you don't have to pay a dime for it, comrade.
Oh, yes, that sweet, sweet day is on the horizon, but not here yet.
So here's what you do need to do.
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When something goes wrong, they're going to provide you a rental car.
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The Glenn Beck Program.
Heroes don't just become heroes all of a sudden.
They don't think they think of themselves as heroes.
They think of themselves, oftentimes, I think,
like, what am I doing?
Who do I think I am?
I'm just going to stand up here.
Nothing's going to happen because of that.
What are you crazy?
I've got to do it because I can't live with myself.
That's a hero.
That's a hero.
It's not somebody who's like, you know what?
I'm super prepared to stand in this spot right now and I'm going to tell you everything that is right and everything that is wrong.
And I'm fearless.
They're people just like you,
but they do have one thing that you may or may not have, and that is a firm grasp on the truth.
You have to have a firm grasp on the truth.
If you find yourself in conversations with people and you're like, well, yeah, well, that's wrong, and I wish I could tell you why it's wrong,
you're not prepared to be the person that stands, and you need to be.
Each one of us have a responsibility to stand.
Educate yourself.
Educate yourself on original sources and never surrender to lies.
Never let them come out of your mouth.
Oh, you don't like the gypsy moth, really?
Hmm.
Yeah, I could say that that's really upsetting and one of the main priorities, but I'm not going to.
I won't comply.
You know, when things settle down, maybe we can talk about the gypsy moth.
Right now,
nope.
Back in a minute.
This is the Glenn Beck program.
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Ever since Uno tried Rough Greens for the first time, he is a different dog, a different dog.
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What you are about to hear is the fusion of entertainment and enlightenment.
This
is
the Glenback Program.
Hello and welcome to the program.
It is Monday, back in the saddle and ready to go.
Well, I should say if I had a Xerox machine, I'd be ready to go.
But I live in the middle of the country and I don't know where I can get copies made of anything.
Oh my gosh.
Kamala Harris and
her recent reason why we can't have voter ID.
Because there's a lot of people in the middle of the country and I think African Americans that just don't have access to a Xerox machine.
Yeah, I don't either.
I use my phone now, dude.
What do you...
And I also don't have a telegraph or a fax machine either.
We talked to Jason Whitlock about this in 60 seconds.
Let me tell you, you still live in a country.
where you're allowed to do business as you please.
Wait a minute, what time is it?
Yes, you're still living in that country.
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Now, a man who has struggled to make a photocopy of anything his entire life,
Jason Whitlock, is joining us now.
Hello, Jason.
How are you?
Awesome, Glenn.
Thanks for having me.
Yeah, we are in your new studio.
The launch of Fearless with Jason Whitlock happened last week.
You can find it at theblaze.com slash fearless.
Also youtube.com slash fearless with Jason Whitlock.
Jason,
how is the struggle going for you on finding a photocopier?
How do you do it?
You know what?
It's funny, Glenn.
I'm the one person who would actually struggle photocopying something, improving my ID, because I'm just not good with paperwork.
But yeah, Kamala Harris's contention that, you know, oh, rural America, they just don't have Kinkos.
They don't have Office Macs.
Oh, my God.
How could they prove who they are?
At some point, the Democrats have to stop.
I mean,
they're making themselves
look crazy.
And
I blame Joe Biden and for them creating this narrative that there are all these idiot helpless people in America who just can't do basic functions that us city slickers or us very sophisticated eats.
It is like, though, them saying, you know what,
they can't have beef out in the middle of the country.
They can't.
They don't have forks.
They eat with their hands.
And I mean,
it's so ridiculous.
It's not like, you know, they don't have access to Virgin Galactic.
Yeah, okay, I don't know where I would buy a ticket to space.
I'll give you that.
I don't know how to photocopy things.
How stupid do they think we are?
I do think there are people who
live on the coast, New York,
Silicon Valley, California.
They live on the coast.
And they do have an opinion of flyover America and the rest of America that we're all idiots.
And
could you set them straight?
Jason.
I've dealt with it my entire career, though, Glenn, because I am a good old Midwest boy.
And
I've been underestimated.
And just, you know, he's a ball steak guy.
And,
you know, he didn't have a high GPA.
No one invited him to an Ivy League school.
And they just make some assumptions about me.
And what's comical is just as I've gotten older and dealt with more people from the elite institutions,
I keep losing more and more respect for them.
Common sense is just not taught at the elite universities.
And
a lack of common sense undermines all the book sense that they believe they had and all the programming they've
received from these elite institutions and from living on the coast.
I just, I wish I could take,
my dad didn't graduate from high school.
One of the smartest people I know, and I say that in all seriousness, one of the smartest people I know.
Just filled with, my mother is no rocket scientist, filled with common sense that has served her and served me and my brother and family just incredibly well.
At some point, America's going to have to return to common sense if we want to survive.
This whole theoretical world
and this laboratory that the elites are building and basing all of their actions and solutions off of some theory or some laboratory or some, you know, I wish it could be this way.
It's destroying America.
And it's dividing America, to be just quite honest with you.
The handful of powerful elites are just offensive to those of us.
Well,
there's a lot of people.
The problem is
there is knowledge and then there is wisdom.
There is common sense and then there is book sense.
And those don't always go together.
You can have book smarts and be dumb as a box of rocks.
We all know people
who are like that,
that are brilliant but couldn't work their way out of a paper bag if they were left on their own, but brilliant.
We know people who are really dumb book-wise, but are very, very wise.
They don't all go hand in hand.
And unfortunately, I think in academia, wisdom is gone.
Wisdom is absolutely gone.
Common sense is gone.
And they're relying everything on book smarts.
And they're not even learning the book smarts that we used to have to learn.
They're not learning how to think.
They're reading books now done by other eggheads that are interpreting everything for them.
Instead of saying, I want you to read these original documents and then you tell me what you think they mean, they don't read the original documents.
They go to a book that is already interpreting whatever the original document is.
Well, that's not the same.
That's not the same as actual learning.
There's a book that they totally avoid as well, Glenn, and it's the greatest book ever written.
And it's called The Bible.
And it is filled with thousands of years of collective wisdom.
And if you avoid that book, you're setting yourself up, in my view, for failure.
And you're setting yourself up to believe that you
and we are the smartest people,
that we are actually in control of this, have created this, are running this.
A lack of biblical knowledge undermines your humility.
And a lack of humility sets man up for self-destruction.
And that's what I see coming from the left.
There is something else, and it comes from, I think, living in big, big cities and living
around
nature's just awesome, awesome beauty.
I was driving through the mountains last week or two weeks ago.
So I'm driving through, I see, I don't remember where I was, but they had the geological timeline on the sides of these cliffs.
So as you're going down, it was like 3,000 years ago, you know,
150 million years ago.
And they showed the depth of all the crap that had been put on top, you know, over time.
And I thought,
how many civilizations have there been that have been completely wiped out that we have no record of?
None.
I mean, we're so arrogant to think that
the earth won't cleanse itself.
I mean, look at the mountains.
If you look at mountains, you have to understand many of those were thrust up.
Can you imagine what the Richter scale would have been saying on a day a mountain came thrusting up out of the ground?
These things we have barely an understanding of, and we are so arrogant because many of us live in cities where you don't see the stars anymore.
There is something about being outside, sitting around a fire quietly with a bunch of people.
You know, you're joking, laughing, whatever.
And then comes the time of night where it's all kind of winding down, and you're sitting outside around the fire, and you look up and you're like, I mean, what do you think it's really all about?
That humility is gone because we don't see the majesty of how small and insignificant we are.
Glenn, I had a friend that I went to high school with and to college with.
He became a fireman.
He's an avid hunter.
He helped me understand
exactly what you're talking about.
He explained to me why he loves to hunt.
And I think there's a lot of us that are non-hunters that we don't understand the process of hunting.
going out into the woods, being one with nature, sitting still for hours waiting for something to happen.
And he helped me understand that
his understanding of the world, sitting out in the woods for two or three days at a time, the majesty and the magic of what God created, you can only really feel that if you're outdoors, if you're still and quiet and observant for hours at a time.
It helped me understand his experience because I'm not a hunter.
I'm not either.
There's no access to a refrigerator, and then you got to drag that thing out to the car, and you're like, I mean, I've done all the work sitting out here.
Can somebody else drag this thing back to be cut up into meat?
But if you sit out there and just sit still and observe,
God's magic and his genius will reveal itself.
That's what this friend helped me understand.
And
I think you're right in terms of what separates a lot of common folk from the elitists who never get out in the woods.
It's just that experience.
We're talking to Jason Whitlock, Blaze TV host.
He just started his show last week, Fearless, with Jason Whitlock.
You can watch it on Blaze TV, blaze.com/slash fearless.
Also, YouTube, he's coming out with a new article on Kamala Harris and the lack of access to photocopiers that is going on.
I didn't know it was such a pandemic, but apparently it is.
He's coming out with that article today, and you can watch his show on Blaze TV.
One last question for you, Jason.
Which is worse,
an ever-decreasing
mentally capable president or Kamala Harris?
I would have to go with Joe Biden and just
because Joe Biden's
cognitive problems empower Kamala Harris.
And
if we had a fully functioning president in the prime with his full cognitive abilities, she would be the typical, she wouldn't, right now she's Dick Cheney.
If Joe Biden actually was fully engaged and capable, she would be Joe Biden during the Obama presidency, really irrelevant.
If she were president of the United States, I think she might be irrelevant because she's so unlikable.
So unlikable.
And it's pretty much universal.
I mean, I don't even know if her husband likes her.
And I don't know him, but I'm speculating just a little bit.
I can't go that far.
Yeah, okay.
I can't.
All right, well.
I would imagine.
To be her husband, you have to like her to put up with the cackle.
Yeah, you know.
Anybody else would just be like, come on, stop this.
Jason Whitlock, thank you so much, Jason.
I appreciate it.
God bless.
Thank you, Glenn.
You bet.
I remember the good old days of grilling.
You know, the days when you'd fill up that grill with enough charcoal that you had to take out yourself and get from the freight train down there, and you'd get yourself a case of black lung in the process, and you'd go with a lighter fluid, and you'd strike a match, and your eyebrows would burn off.
That's when steaks were good.
Hey, Grandpa, I don't think so.
Yeah, sure, we miss the good old days of charcoal and lighter fluid.
You know, except for those parts where we don't miss it at all.
I have a Rectec, and it will change your grilling experience.
I mean, especially if you're going from charcoal.
Rectech is amazing.
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What do you really think about this?
Honestly, Clem Beck says they're great.
I mean, what does he know?
He never went to college.
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10-second station ID.
So it's
great to be at CPAC this weekend.
Great to have him in the great state of Texas.
You know, for one reason, I don't know if anybody anybody knows this, but the guy who started the Republican Party in Texas,
racist.
He was black.
What?
He was...
That can't be.
Was he digging for charcoal?
Is that what happened?
He fell into the train boxcar with all of the...
No, he was actually black.
I don't know how it happened.
In fact, the first 42 black legislators elected to office in Texas were Republicans.
99, the first 99 in Alabama, the first 127 in Louisiana, black Republicans.
The first 41 to serve in Georgia, black Republicans.
First 112 in Mississippi, black Republicans.
First 190 in South Carolina.
How could they have done that?
This country was so unbelievably racist.
Well,
well,
did you know
that our Navy, the U.S.
Navy, sent a squadron of ships to patrol the western
coast of Africa?
What?
Yes.
To prevent anyone from taking slaves out of Africa from 1819 to 1861.
Stopping hundreds of ships.
We were protect.
Wait a minute.
Our government for that long sent ships off of the coast of Africa to stop people
from taking slaves from Africa?
How come I don't know that part of American history?
How come I was never taught that?
That seems kind of like an important part of history.
Well, they were just, they hated black people so much they wanted to keep them away from America.
I guess, is that it?
I guess.
Must be.
Wow.
Of the 193 nations in the world today,
94
of the 193 nations on the globe today,
94 have still not abolished slavery.
Maybe we should send some of our ships over.
By the way, they were only pulled off of the coast of Africa because we needed those ships for the civil war,
you know, to fight against slavery here.
Stu,
I have a spider in my backyard that I'm terrified of.
Terrified of.
Okay.
I've named him.
I think he has a hat that he'll tip in the morning and be like, hey, how you doing?
Smoking a cigar.
Huge spider.
Like Australian.
Like the planter's peanut guy?
Does he have a monocle?
No, no monocle.
He has eight monocles, thus not being a monocle anymore.
But
he is.
I mean, it is.
It's terrifying.
It's terrifying.
I mean, my daughter came in, you know, and she was like, dad, there's a giant spider.
I'm like, not a giant spider.
It's a, I mean, it is straight off the plane from Australia.
Have you switched to just a containment philosophy yet?
Like, you're just like, just like they can have that section of the property.
Wall it in.
now.
That would be racist if I built a wall.
Oh, yeah, that's true.
But if I built four walls in a box pattern, you know what?
Walls don't work, though.
I've heard that before from well, they wouldn't with a spider.
I think they can have sticky feet and they can just walk up the side of the wall.
I need somebody to come kill the spider because it's freaking me out.
Freaking me out.
I gotta
get my wife to do it.
This is the Glenback Program.
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How come?
Boy, wait until I get into it.
We have Art Laffer coming up.
I want to ask him about reverse repo loans.
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I think that this is the biggest heist.
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This is the Glenbeck program.
Standing in firm support of the Cuban people and their
unrest.
Standing peacefully.
See, this is what a peaceful protest looks like.
I don't know if our government knows that, but these are peaceful people standing up in the middle of the streets, just chanting, I don't know, what was it?
It was leotards or something like that.
Some people say they're saying freedom in another language, but what language do they speak other than American?
I mean, hello.
So it's a peaceful protest at this point.
It's probably not going to remain so, seeing that the dictator of Cuba has called on revolutionary forces to make sure you shun those people.
Oh, okay.
That sounds like a good, good plan.
Almost, not quite as good, but almost as good as
Biden going door to door,
knocking on doors.
Even if you have a no solicitors sign, doesn't matter.
They can come in and they're going to knock on your door.
Have you had a vaccine yet?
Nope.
Close the door.
Nope.
Haven't.
You know why?
Already had it.
Yep.
Had a bad case of it.
Still have the antibodies.
Yeah, I've checked.
I've checked.
It's crazy, huh?
I'm going to let my body work this one out.
But thanks for dropping by, Joe.
Slam.
That's why it's going to go at my house.
I don't know how it's going to go over at your house.
Can we get your guns?
No.
So I think that's a really, really good idea.
And the CNN medical analysts.
Dr.
Lena Wen
said that life needs to be hard for Americans who have not received a coronavirus vaccine with twice weekly testings.
Wow.
Life needs to be hard.
Dr.
Wen,
I love that.
When?
When would that start?
Let's see what we could do with your anyway.
She said that it should be hard.
I don't know what that means.
How can the government possibly make our life hard?
if we don't comply.
Boy, that sounds kind of Chinese, doesn't it?
Doesn't that sound like a little Cuban, Chinese, Chinese, maybe former Soviet Union, gulag kind of spooky 1984 stuff?
Hey, they won't comply.
Let's make their life miserable.
Well, I don't have any idea how they could possibly do that.
Oh, by the way, I want to make sure I get to the new bill in Congress.
It is the Protecting Your Credit Score Act of 2021.
It's going to be great, gonna be great.
Elizabeth Warren is just pushing this one through.
You know, it's part of the Consumer Financial Protection Bureau that she created under Barack Obama.
And finally, finally, you know, we're gonna make sure that our credit is exactly right.
We're gonna get rid of like Equifax.
What is that?
Even trust that?
That's hardly working, huh?
Get rid of that and put it into the hands of the federal government.
Oh, by the way, Chase
has purchased the ESG startup.
In case you don't know what ESG is, that's environmental, social, as in justice, and governance.
So ESG scores, if you don't have the right number of people, you know, that are black or Asian or women or
men who used to be, whatever,
if you don't have the right number on your board, you're going to get a low G score.
If you aren't pushing CRT and other social justice things, you're going to have a low S score.
And of course, if you do anything to hurt the environment, you'll have a low E score.
ESG.
So remember, this is something that is a conspiracy theory, just a conspiracy theory.
It's not real, of course.
And Blackstone is buying this ESG company to help them go a little deeper down into the ninth level of hell.
Chase Bank, which has openly supported ESG and whose CEO is a big-time supporter of the World Economic Forum's stakeholder capitalism model, announced it will buy the prominent ESG startup company called Open Invest.
Now, what's great about this is it just helps people invest in the ESG movement.
I mean, don't you want to invest your dollars into something that has a higher ESG score that we know they're working for all of us?
They're not part of those bad companies that aren't working for social justice.
Now, that is coming for your credit score.
I mean, for the credit score of the corporations in Europe, they're way ahead of us.
And you can't do business with another company that has a lower ESG score than you.
You know, it's like that black mirror thing.
Did you see that black mirror episode where the lady was just trying to rent a car and she was like, my credit score, it was perfect until yesterday.
Yeah, it's kind of like that, but definitely not like that.
And definitely not like China's score for social activity.
This is entirely different.
Now,
they have said that they're only doing this.
They're not going to enforce these things.
This is just for people so they can invest and they can invest with more knowledge.
Hmm.
That's weird because that's not the plan at all in the paperwork.
I mean, when you go to the World Economic Forum, that's not what they say at all.
When you go to the Paris Climate Accords, that's not what it says at all.
It says the banks will stop making loans to companies that have a low ESG score.
So now, Chase, do you have your money in Chase?
Oh, don't worry.
It's safe.
Those are good people there.
No,
I wouldn't even think about it.
So Chase Bank is buying this ESG firm,
and they're going to put that in there to help retail users create portfolios that accurately reflect the investor's values.
So in other words, will I be okay if I just invest in a company that has a zero E, a zero S, and a zero G?
Could I do that?
Because that would help me with my investment.
Oh, Nike,
don't invest in that one.
Is it really for me?
Or, oh, no, I get an ESG score too.
Oh, so what I use my money for also, and then if we do it like they're doing it in Europe, then
the banks won't give me a loan
because I have a low ESG score.
Anyway, I have no idea what this happens, has to do with the good news that the federal government
has a new Protecting Your Credit Score of 2021 they say it's long been coming that we've needed a reform for our credit reporting system they say it's about you know making sure that poor people get money no it's not no it's not this is all about controlling you controlling how everyone gets money if they control your credit score By the way, if you have a problem and something's on your credit score, you know, your credit rating, and it's hurting you, don't worry about it.
Call the government.
they're gonna fix that right away for you.
It'll be fantastic.
Or you can just get online.
Oh, you know what?
There's something else that's happening.
Do we have Klaus Schwab?
He is the guy
that is the head of the World Economic Forum.
We like to go right to the source on what they're planning on the great reset.
Here's Klaus on the internet.
Listen to this:
Masks are not sufficient.
Masks are not.
We need vaccines to immunize
ourselves.
The same is true for cyber attacks.
Here too, we have to move from simple protection to immunization.
We need to build IT infrastructures that have digital antibodies built in
inherently to protect themselves.
Ah,
so we need to vaccinate the internet.
I'm going to let you ponder that for a couple of minutes.
Then I'm going to tell you exactly what that means.
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You are listening to the Glenn Beck program.
This is the Glenn Beck program.
So Klaus Schwab,
Klaus, Rauss, Klaus,
whatever.
He is,
he wants to immunize the internet.
Now,
this is a big deal.
It's coming from the head of the World Economic Forum.
And if you heard Build Back Better, that is the World Economics Forum slogan before Joe Biden had it.
Yeah, believe it or not, ripped it off, huh?
Or was given it as we build back better, meaning we've destroyed the world now.
Let's build it back closer to our heart's desire.
And that looks more like China immunizing the
internet.
What does that even mean?
Well, it would be a digital identification system for everyone on the internet using biometrics.
This is not a hypothesis.
This is something that is already happening.
In fact, let me give you something from the Thales group.
These are big supporters of this.
The United Nations and World Bank initiatives aim to provide everyone on the planet with a legal identity by 2030.
At the ID 2020 summit in May 2016, New York, the UN initiated discussions around digital identity, blockchain, cryptographic technologies, and its benefits for the underprivileged.
400 experts shared best practices and ideas how to provide universal identity to everyone.
So that is great.
Soon after, ID 2020 Alliance was created based in New York.
The NGO's main participants, Accenture, Microsoft, Gavi, the Vaccine Alliance, the Rockefeller Foundation, and ideo.org.
Oh, well, that doesn't sound bad at all.
So, all they want is biometrics.
And what they're going to provide.
Now, I know there's a lot of places in the country.
Well, Kamala said it best.
A lot of places in the country that just don't have access to Xerox machines for voter ID.
You know what I'm saying?
Is agreeing to voter ID one of those compromises that you've supported?
I don't think that we should
underestimate what that could mean.
Because in some people's mind, that means, well, you're going to have to
Xerox
or photocopy your ID to send it in to prove you are who you are.
Well, there are a whole lot of people, especially people who live in rural communities, who don't, there's no Kinkos, there's no Office Macs near them.
People have to understand that when we're talking about voter ID law.
What happens?
I mean, that's why we need a new universal ID that's biometric, that can verify you whenever.
and this will help vaccinate the internet so we will have complete transparency and we'll know who people are.
That way, we'll always know exactly what they're doing, what they're spending, where they're spending, how they're spending, how they're spending their time.
We'll be able to get a much better look at everyone on earth.
This is what's this is what's really in play.
By the way, last week, and i love this um
the uh tech giant uh facebook
is issuing warnings about extremist content
now usa today printed this story last week like it was a good thing That's good.
What they're doing, see, what they're doing is they're just warning people, hey, you might be getting some, you know, extremist content.
And then the algorithm looks at what else you're looking at.
And if you're looking at a lot of extremist information, well, then the algorithm will start pushing stories to combat those stories that you're looking for.
You're already doing this?
This is something that we said Google was looking to do
about a year ago.
We warned you that this algorithm was being built by Google.
Apparently, Facebook also built it.
This is going into your Facebook and it's looking at who you listen to, who you read, what you read, and then altering your feed to be able to combat things that Facebook decides is extremist.
I got news for you.
I'm an extremist.
You're an extremist.
We're all extremists.
So
you're already flagged, man.
You know.
Just let me borrow a blanket from time to time when we're in the gulag.
Will you?
Just once in a while.
Because I can't just use my own.
I'm enormous.
I'll lose weight there though that'd be good
this is what is coming and it is already here in some cases we need our courts to stand up for the Constitution a judge in Texas denied a U.S.
citizen her constitutionally protected due process rights
choosing instead to order for her to appear before an Islamic tribunal where her testimony will be be considered inferior, her lawyers sounded the alarm, and the judge has doubled down.
This is a woman judge, by the way, Judge Andrea Thompson.
She ordered the Muslim woman who is seeking a divorce from her husband to undergo the arbitration not through the regular channels, but through an Islamic court.
Yeah, that doesn't sound like a good idea.
And since when,
since when
does our court
acquiesce to a religious court for something like a divorce?
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What you are about to hear is the fusion of entertainment and enlightenment.
This
is
the Glenbach program.
Really excited to talk to a dear friend of mine, Art Laffer, about the economy.
He is,
he knows what's going on and he also knows how to fix it.
I like him because he's not gloom and doom.
He makes me feel better.
You know, I'm like, we're all dead by Thursday, Art.
And he's like, we have till Saturday.
What are you talking about?
He is the father of supply-side economics.
He was President Reagan's economic policy advisory board for both terms.
He advised Prime Minister Margaret Thatcher during the 80s.
He has taken, I think it's Argentina, and completely turned it around.
He and a team went down there when they were having hyperinflation and completely turned it around.
And he was awarded the Presidential Medal of Freedom.
Yeah.
Got that from Donald Trump, but look what I have.
I have a box of Hostess Twinkie cereal.
And that's good for a whole week.
Where are you wearing your medal after you leave the Oval Office, huh, Art?
These last a week, baby.
Art Laffer joins us in 60 seconds.
Can't eat the metal.
Can't eat the metal.
Well, you get back program.
Can, but heavy metal's bad for you.
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You're not the boss of me, Sarah.
We should be more clear what she's flashing.
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Okay, button up your shirt, Sarah, and let's continue, please.
Act professional.
My
gosh.
It's a Hall of Fame show, and Art Laffer is with us now.
I'm sure he's excited enough.
Art, how are you, my friend?
I am very well, Glenn.
It's so nice hearing your voice.
I mean, it's a ray of sunshine, and you're as funny as ever.
I love it, love it, love it.
Thank you.
My goodness gracious.
By the way, we'll make it not only through Saturday, we'll probably make it a week from Wednesday.
Shut up, really, see?
You're always the optimist.
I am, you know, me, Art.
I've been,
you know, worried about this economy, and you have told me for years, Glenn, it's more robust than you think.
And it has shocked me, Art,
how resilient this economy
has been over the last 20 years.
We have taken every punch the world can throw at us and politicians, and it's still standing.
It's getting a little wobbly, but it's still standing.
Yeah, I mean, the pandemic really did hit the economy, and the politicians' reaction to that pandemic made it a lot, lot worse.
So,
you know, but we are still standing, and we are showing some resiliency right now.
Okay, so talk to me about a couple of things.
First of all, you don't think that inflation is going to be a problem, but you carve out certain things like, you know, beef or
I can't remember what they are.
You carved out a couple of things and said we're going to have a problem.
We're going to have a problem with inflation, housing prices and wages.
Yeah, housing prices and wages, you know, they don't fall back down after they go up.
So once they go up, they don't fall back.
Now, gasoline prices, as you know, go up and they go down, and agricultural prices do as well.
You know, as far as I can tell, Glenn, and this is just me, and
it's worth what you're paying for, which is very little.
I'm not paying anything, so wow.
I know you're.
Neither is the listener.
This is great.
Don't listen to this guy.
He's crazy.
He'll do anything for free.
I do do some things for free.
I mean, it's really worth it, by the way.
You know, when something's free, it's really expensive.
It is.
Now, the quickie here is just the way I look at inflation, and now this is inflation, not a step up in prices at one-time shot or something like that, is if interest rates go way, way up, that's a clear sign that the markets are expecting more inflation.
Interest rates have not gone way, way up.
In fact, they haven't gone up at all.
There's no sign in interest rates over the next 10 years that there's going to be any inflation.
The price of gold, normally when inflation comes, gold is the first refuge of the cautious.
And you would expect gold prices to shoot way up in inflation like they did in the 1970s.
They have not gone way up.
In fact, they've settled back around $1,800 an ounce, something like that.
And, you know, that's not a sign of it.
And the other thing, and the last one I look at is the dollar.
in the foreign exchanges.
And when a currency is really weak or devalues, generally speaking, that's followed by very high inflation.
We have not devalued.
In fact, the dollar is relatively strong right now.
So those are the things I look at.
Now, all my friends tell me that their companies, that raw material prices are way up and this, that, and the other.
And there's no question that there's been a huge surge in things like lumber prices and others.
But I don't see a long-run rate of inflation yet.
But that doesn't mean that I'm not watching it really carefully.
How can we print as much money as we have and dump it into the system?
Let me just say that we aren't printing the money.
What the Fed has done is it's bought $5 trillion
worth of government debt, which yields about 50 basis points.
In exchange for that $5 trillion worth of government debt, which it bought, it has issued $5 trillion of liabilities to member banks, also paying
50 basis points per year interest on that.
So they've borrowed $5 trillion, yielding 50 basis points, and they've lent $5 trillion, paying 50 basis points.
To me, I don't see how that causes inflation.
Now, what we have done is we've removed all constraints on inflation once it starts, if it starts.
But that by itself won't cause inflation.
This is not the old days, Glenn, when we devalued the dollar against other currencies or went off the gold standard or all of that when we had the huge hyperinflations.
This is a very different monetary system today, and I'm very worried about inflation, but I don't see it yet.
Okay, so tell me about the new modern monetary theory that is being kicked around that, you know, we can just print because it's always of value.
Yeah, well, let me say that there's a little hint of truth in what they say, and there's a big mistake in what they say as well.
Now, we have historically way overestimated the damage done by deficits and national debt.
You know, we've always looked at national debt relative to GDP, which is totally inappropriate.
Our national debt to GDP today is about 115%.
It's gone way up and oh my god they're all jumping across.
What you have to do with debt is you have to look at debt compared to wealth or you have to look at debt service compared to GDP, but you should never compare debt to GDP or any of these others.
You should never mix a balance sheet item with an income statement item.
If you look at our debt service to GDP, we're about the same level we were in 1980.
I mean, in fact, we're a little below that.
If you look at debt to wealth, it's gone up, but not so much so that you want to jump out the window and kill yourself.
So we have overstated debt.
Now, to say that we've overstated it means that we don't have any worry about debt, that's silly.
Debt is a problem.
It's just not nearly the size of the problem we thought it was back, let's say, 20, 30 years ago.
Okay, so wait a minute.
You have to tell me what's changed.
And then also, by the way, how much time do you have with us?
I have, for you, you name it.
Okay.
So if what has changed then?
Let's just start there.
What's changed from 20, 30 years ago?
Well, we were comparing debt to GDP.
And, you know, when you look at debt to GDP, debt is a balance sheet item, and GDP is an income statement item.
And you can't do that.
You've got to compare balance sheet items with balance sheet items or income statement items with income statement items, but not mix the two.
Okay, wait, wait, wait, wait, wait, wait, wait, wait.
Just talk to me like a homeowner.
Okay.
If I have an income of $100,000 and I've bought a $4 million house,
you know,
you could say, don't compare the two, but I only have $100,000 to pay for it.
And let's say I got it at a 0% or a 2% interest rate.
If at some point, if I have an adjustable mortgage, which we do, there's no way in hell I'll ever be able to afford that, ever, just because of interest rates.
Let me, if I can, take your example, make it a little simpler if I could.
All right, good.
If you're buying a house,
what does the bank ask you when you apply for the loan?
How much is the house worth in the market?
And what is the size of your mortgage?
That's a debt-to-asset comparison.
I won't lend any more than 75% of the market value of your house to you in a mortgage.
That's one criterion they use.
The second criterion they use is: can you afford this with your income?
What is your income versus the debt service requirements you have to get for this house?
If you're making $50,000 a year and your debt service is $49,000, you're probably in trouble.
If your income is $100,000, your debt service is $5,000, you're probably okay.
So, you know, they look at how much your house is worth and your mortgage and how much your income is versus how much you'll have to pay in debt service.
But the federal government's income is already this year is going to be $3 trillion in the hole.
Our income is not matching what we're spending.
But the $3 trillion is the deficit, and it's also the level of debt.
Now, when you look at the debt,
just the debt to this year, let's say we increase our debt by $5 trillion
and we're paying half a percent on that debt.
That's, you know, what is that?
That's
50 billion, 60 billion a year.
I mean, you know,
it's not the interest payments that are killing our government.
No, but
if interest rates do go up to 8%,
it'd be crippling.
Then we're in trouble.
But that's true of any time.
When interest rates are low, don't you borrow more than you do when interest rates are high?
Sure.
Except I don't know how to pay the
interest rate, if I have an adjustable mortgage, I do keep it in mind that this is an unbelievably low rate that can't last forever.
Can I pay for it?
For a long, long time.
I mean, you go back to 2008 when Benny Bernanke was head of the Fed, and, you know, they lowered interest rates to near zero, and it's been at zero now since 2008, Glenn.
I mean, you know, for 13 straight years, we've had interest rates way below where they should be long term.
Now, this is not the only time it's ever happened, and I'm not saying it's smart to borrow, and I don't think it's smart for the U.S.
to run deficits like we do.
I don't.
But I'm also not ready to jump off the cliff.
We've had periods like from 1941 to 1950, 1960, I think, 1955, something.
We had the Accord where interest rates were effectively zero as well.
You know, we've had this type of period before.
Okay.
Now, it scares me, and it scares me a lot, but it's not the death shot yet.
Okay.
So let me talk about some other things.
Let me take a one-minute break and then come back.
We're talking to Art Laffer.
Art Laffer, who is
probably the smartest guy, he and his team to fix economies out there.
He's, of course, going to be August 2nd through the 7th at Yuck Yucks.
It's not how that works.
And
then sold-out shows September through September 5th at Milk Through Your Nose in Provo, Utah.
We'll be back with Art here in just a second.
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We're with Art Laffer.
Art, tell me about
what's happened.
There's some fundamental things that are changing in America.
And I know that there have been brains a lot smarter than mine that have wondered what happens when we transition to a country where property is something that you rent, not something that you own.
And when you start to pay people for doing nothing,
how is this all going to work?
We are now seeing how at least one part of this is working and not well.
We have people that won't work because the government is paying them to stay at home.
And we haven't even seen the effects of what that does psychologically to a society.
What we're seeing now is people can't get anybody to go in and work, and so places are closing down or things are making, you know, that kind of atmosphere makes the things we're all trying to buy even more precious and more expensive because there's nobody there to make them.
This This is the real problem.
I mean, I would worry about this far more than I would about debt or debt service at present.
When you tax people who work and you pay people who don't work, do not be surprised if a lot of people choose not to work.
And every answer this administration does, and other administrations too, it's not just this one.
Governments in general love to pay people not to work because they think they get to get votes from.
And that is exactly what we've gone through.
This huge expenditures on these stimulus packages, as they say, have all been directly aimed at creating a marketplace where people do not want to work and that goods become scarce and that those prices go up.
But it's a disaster to both income earners and to people who don't work because once they are out of a job for a while, Glenn,
they lose the skills to do the jobs, and then they become unemployable.
And that's a terrible, terrible burden for our society to have to bear.
Aaron Powell, so Art, how, I mean,
there's obviously this is coming from the administration.
We're moving towards a Marxist kind of world.
What's it going to take to repair this damage?
Aaron Powell,
politics.
I mean, the only answer is people basically deserve the governments they get.
And you know, you elect the government and you deserve whatever you get in your place.
And as long as we don't do the politics correctly, as long as we don't elect the right people, as long as we don't have the right laws put in place and the right courts, we're going to have this problem.
And we've seen it happen many countries times before.
I mean, it was Ibn Khaldun who said at the beginning of dynasties, tax rates are low and revenues are high.
And at the end of dynasties and their collapse, tax rates are high and revenues are low.
And this is a pattern that's been followed historically.
And unfortunately, it looks like the U.S.
is in that death spiral as well.
We've got to change it and change it through politics.
The things that Donald Trump did, I am not for
I'm not for tariffs at all.
However, his tariff, and I told him personally, his tariff on China, I think, was absolutely right.
They are an enemy of the United States, and we have given them way too much access and power and control over not only our medicine and many of our goods, our chips, but also our land as well.
How does China see the United States right now?
Well, you know, I was the first American to go to China in modern times.
I went in 1970 with George Schultz and John Ehrlichman in Air Force II when we had the first Real Prussian woman.
We did the pre-Kissinger trip.
And, you know, China at that time was ripe for coming into the world community.
And what we have to do, Glenn, is balance the good and the bad with China.
Politically, you're totally correct.
And there's no reason why we shouldn't use tariffs and quotas and other sorts of trade measures to
bring recalcitrant nations back into line.
But do remember for China, please, without China, there is no Walmart.
And without Walmart, there is no middle class or lower class prosperity.
China should be our best trading partner in the world, and we should have all the precautions set in place on trade to make make sure that the critical materials with regard to China aren't traded and thereby cost the U.S.
politically and militarily.
So how do we balance the how do we balance we've got only a minute I don't know if you can even answer this.
How do we balance the idea that Nike and others are looking at that market and so they'll just go with that market because they want that market more than this market.
They'd like both, but they got to serve that master.
How do we stop that?
Well, I don't think we have to worry about Nike selling shoes in China.
I really don't.
And I don't think we have a problem with Chinese producing shoes that are much more, much cheaper and much better quality than ours.
I mean, we do some things far better than China, and they do some things far better than we do.
We and they would be foolish in the extreme, Glenn, if we didn't sell them those products we make better than they do in exchange for those products they make better than we do, so long as those products don't harm us politically and militarily.
Okay, More with Art Laffer.
If you can stay, Art, I want to talk to you a little bit about your experience in foreign countries and what you have seen from Marxist countries and how you've turned them around.
More with Art Laffer in a minute.
This is the Glendack Program.
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We have more with Art Laffer coming up next.
Art Laffer, not as funny as his name implies.
However,
much happier than me when it comes to the economy.
Art Laffer,
I think one of the best economists in the world in our lifetime.
Welcome back to the program, Art.
Thank you, Glenn.
I love being on the show with you, by the way.
I've missed you a lot.
I know, I've missed you too.
Well, you're too happy, you know?
Well, I've got six kids, 13 grandchildren, and four great-grandchildren.
Can you believe that?
Do you really?
I do.
I mean, how can you not be happy when you get children?
I know.
I know.
When you get the grandchildren, isn't it great?
Oh, it's wonderful.
You know why grandchildren and grandparents get along so well?
Why?
They have a common enemy.
And great-grandchildren must be great because you don't really, you're not really even expected to learn their names.
You know what I mean?
You're not expected to ever see them.
It looks wonderful.
Okay, so
Art, I want to just cover a few things quickly, but let me sweep up on China.
China is building things, making things with Uyghur slaves.
We have, and I'm sure you're against doing business with that, right?
Yeah, I don't like the way they treat their citizens.
No, I hate it.
Okay.
And
what are the ethics behind Facebook helping them round people up?
You know, I don't like that either.
I think Facebook shouldn't be messing with their politics.
You know, I do think one thing, though, Glenn, is that the countries you trade with, countries you do business with, countries you make money with, are countries that you can persuade to change their policies, not force them to, but you can persuade them to change their policies.
And I always am in favor of more trade with a country rather than less.
And especially when they don't see the world the same way I do, I'd much rather talk with them than I would fight with them.
I would rather do that, but I'd rather not be complicit with them.
But what's complicit?
I mean, IBM and the Holocaust.
Well, no, those people are.
Yeah.
There you got it.
I mean, there are explicit things in what you said just about Facebook and all that.
But when you're looking at a country, you sit down and talk with them and all that sort of stuff and try to get them to see the errors of their ways rather than trying to hit them with a club.
You know,
whenever you fight with someone, you always lose.
You may not lose as much as the guy you beat up, but you always lose.
It's far better to work with them and try to
get China to see the error of their ways with regard to the Uyghurs and with with regard to a lot else.
Do remember that it wasn't long ago, Glenn.
I mean, 1970, I made my first trip to China and that one before they opened up anything.
They were much worse back then than they are now.
I mean, they're far more free market capitalists than they were back then.
They've got a long way to go.
But goodness gracious, if we don't trade with them, if we don't do business with them, we'll never be able to interact with them and get them to change their ways.
That's my view.
Are you concerned with the talk from the president and others, very much like the World Economic Forum, of this new stakeholder capitalism that is going around and that China is the new model for capitalism?
That's not capitalism that they're doing over there.
No, it's not.
But, you know, they weren't doing capitalism pre-1970 either.
They were as bad as any country in the world with respect to the government.
They were a hermit kingdom just like North Korea was back then.
They've come a long way, but they have a long way to still go.
I mean, we have got to get them back under a democratic type of government where they don't pick on groups in their society.
I mean, remember when they'd put the baby girls out in the riverbanks to die?
I mean, you know, all of that stopped.
I mean, we've made great progress on lots of things with China.
I just don't want to see us stop that progress.
Okay.
No, I but I would not trade weapons with them, and I would not allow them to have those islands and the coast that they're building.
And I would really resist their military expansion.
And I would resist it by looking at the assets they have in this country to use those as leverage.
Exactly right.
So, the last question here is, where do you draw the line?
Last question on China, at least, where do you draw the line on
what is
of national importance, national defense?
Them having, us not being able to create any of our own stuff
when it comes to medicine or making PPEs or
is that national security where is that line on
I think the line comes with the government of the United States not with the government of China and if you had a low-rate broad-based flat tax with no exceptions no exemptions no deductions no exclusions period sound money and free trade we would have the table set for the U.S.
to perform immensely well And that's where I put it.
The U.S.
government messes around with our companies, our products, ourselves within our own country.
I know.
And that's just awful.
And to think that we can then trust them to do a good job internationally doing it, I don't think so.
I would just like to see the government pull out of all of this production stuff, have a low-rate, broad-based flat tax, and just get the hell out of business and let us go and do our stuff.
Are we approaching a John Galt?
I am.
Yeah.
I mean, there's.
You and I have always been approaching John Galt.
What could I tell you?
Yeah.
I mean, I just, with everything that is coming,
you could see people who are just like, I'm not doing it.
I'm not doing it.
I'm not playing your game.
I'm not doing it.
But there's no
place to go.
There's no optimism.
Let me just do the highest marginal income tax rate in 1945 was 94%.
Today it's 37%.
That's a big improvement.
When Kennedy came into office, the corporate rate was 52%.
It's now 21%.
You look at how many states are right-to-work states versus in 1957 when there were only two.
Now it's well over 50%.
Way 40 for 40 states now have gotten rid of their state death tax.
We now have all sorts of competitive positions.
In 1973, it cost you 30 cents to buy and sell a share of stock.
Now it's zero.
We have big control of airlines, of trucking.
We've made a lot of progress, in addition to a lot of backstepping, too.
So this country is by no means a loser yet.
We have to change it now politically.
And it's very tough, but you know, we've got to keep pressing for advances.
Now, the president signed something the other day, executive order, that I was very involved with Trump on
medical price transparency.
That's a game changer if it works.
We can get to know what the prices are at hospitals, what the quality is of the procedures, and you can shop there just like you do a grocery store.
That would change our country dramatically.
So it's not all negative, Glenn.
There are a lot of negative things I point to, and it gets me depressed.
But I wake up then the next morning and think of all the blessings we've had in my 80-plus years on this earth.
And it's amazing how far we've come.
And we've got a long way to go.
So tell me,
because I just was in the, I was in a mall over the weekend or last few days.
And believe it or not, they still exist.
And this woman from Poland approached me, and she said, oh, my gosh, you're Glenn Beck.
Thank you for speaking out.
Nobody understands.
Look at what's happening to the country.
There's no place to run.
Can you explain what it was like when you went to Argentina and it had just been ravaged?
Well, there were two of them I did very closely in South America.
One was Chile.
The first one's Eduardo Fra had lost the presidency to Salvador Allende.
Allende nationalized all the businesses within the first five weeks.
And then Pinochet came in and we reformed the whole country.
And those reforms are still in place through left-wing governments, right-wing governments.
They have not changed those.
I I was down there with Menem in Argentina, with my students, Joaqui Fernandez and Pedro Poe and Carlos Rodriguez and Domingo Cavallo, all that group there.
We really reformed Argentina.
It really came back strongly.
And then, bang, it went to Lopez Murphy and all these guys brought in the communist governments again.
And now they've lost it all again.
So I was hoping we would get Cuba, but unfortunately my mentor, my hero, Jorge Maas Canosa, died before Castro did, and we never never got to change Cuba.
But we did a lot with Puerto Rico.
I mean, I was down there with
the governor there, and it was just phenomenal the changes we made.
They don't last forever, Glenn, but they do give you sunshine for a week or two.
Yeah.
I wanted you to speak because the president said over the weekend, or the White House said over the weekend, that the people in Cuba are just protesting against
the COVID lockdown and the lack of vaccines in Cuba.
That's not what they're doing.
I mean, that may be the straw that broke the camel's back, but they were all shouting for freedom and liberty.
That's what they were protesting.
They want a change and they want to be free.
You've gone down.
Tell me what life is like at the end for the
average person.
What is life like
at that bottom?
And then how fast can you turn it around?
Well, let me just say that if you've seen the pictures on Cuba, the documentaries and all that stuff, and they're mixed, intermingled with all sorts of things like cigar making or animal life or something.
But you can see the streets, and it's just terrible.
I mean, you know, whenever you see a palm tree in an environment, subtract 10% from what you think you're seeing, because palm trees make you think it's luxurious.
It's not.
It's horrible.
And Cuba, if it were to be able to be changed, and I did the revolutionary change there, which never was materialized, but we could put Cuba back on the earth on a rocket ship like you wouldn't believe in pro-democracy, pro-prosperity.
I mean, it is the one place, there's no capitalist, more capitalistic, Glenn, than a former communist.
Yeah, I know.
And it's really true.
And Cuba is just seething for the opportunity to break free and become a member of the world.
Look at China's growth rates since 1970.
They've been growing at an average annual rate, Glenn, of about 8% per annum.
I mean, you know, they're still way behind us, but my God, they've provided so much for their citizens.
The biggest reduction in poverty on earth has occurred in China because of their coming back out into the mainstream of the world.
Are they an example of
fascism, which is, you know, the corporate world and a government kind of merging and working together?
Are they a fascistic country that has worked?
Well, it has worked so far in the economy.
I mean, the government doesn't do much at the very local level in the economy.
They really keep their hands off that.
The tax rates are lower.
Trade has been freer.
They have sound money.
They outsourced their money to Alan Greenspan at first.
Now they have a great currency that works.
So they've done all of this stuff to create economic prosperity.
Now they have to create political prosperity as well.
And that's a lot tougher.
But, you know, we did it in 1776.
We just celebrated a few weeks ago.
And there's no reason why China cannot come around and see the light.
If Luke the Drifter can see the light, so can China.
Art laughs.
You're running out of Frisco, Texas.
You got to know who Luke the Drifter is.
Art, always great to talk to you.
Thank you so much.
Thanks for your positivity.
I appreciate it.
Don't make it so long.
Don't make it so long until the next time.
You got it.
Thanks, Art.
Bye-bye.
Don't you feel better after talking to him?
Yeah, I just like him.
I do too.
I just like him.
He's optimistic.
And, you know,
I mean,
I think he's, you know, on the bridge of the Titanic going, no ice.
What?
There's no ice.
Enjoy yourself.
I mean,
anyway, relief factor.
If you're listening to this program and you're not a person living with pain, I want you to imagine something for a minute.
In your mind's eye, put on the darkest sunglasses you can imagine and then walk around in the world that way for a while.
All the color and the shapes are there, but they're different.
It's dull and it's flat.
It's uninteresting and even sad at times.
That's a glimpse of what it's like living in constant pain all the time.
You walk around and you can't appreciate anything really because you're constantly pulled into the pain.
Well,
may I suggest Relief Factor.
If you are one of those people pulled into the pain, come see the light with Relief Factor.
It works for about 70% of the people.
They say don't take it more than three weeks if it's not working because in three weeks you should know it's working or it's not going to work.
So, if it's if it's showing any sign of anything, make sure you order more.
But
70% of the people they see a good turn they see coming out of the darkness and into the light.
70% of the people go on to order more month after month.
Why?
Because Relief Factor works.
If you are in pain, just try it, please.
800-500-8384.
800-500-8384.
It's relieffactor.com.
888-727-B E-C-K.
This is the Glenn Beck program.
This is the Glenn Beck program.
Art Laffer was with us.
If you missed it, make sure you check him out on the podcast.
He's always great, very optimistic.
I think delusional, you know, on some things.
In the very nicest way possible.
In the nicest way possible.
I mean, yeah, he's an expert but i'm a doctor and a colonel right and a priest and a rabbi i mean not a rabbi a reverend so i'm all of those things all those things i'm all of those things so you know you can listen art if you want he the one thing because i i agree with a lot of the stuff that he was talking about and i i think one of the things i would wonder if there's a difference on now is i think the new regime in china is actually considerably different than you know their their new Coke.
Coke classic, I agree with Ardon.
Like, you know, the way China was running itself.
New Coke, though, with President Xi, as opposed to, you know, who or whoever else.
Who?
You would have to take into consideration what they did with Tiananmen Square.
I mean, I think that they were very strategic.
The Chinese are very strategic and they have a long-term plan.
And they saw that they were getting their lunch eaten and they needed some sort of capitalism.
And they played the game for a long long time.
Now,
if people got out of hand, they were going to take care of it, and they did, and then they went back to putting them on their happy face.
Yeah, I could go either way on the reasoning behind it, the motivation, whether they were just, there certainly were always people who were waiting and biding their time.
It could be that they really were open for a while and have changed with new leadership.
I mean, that's common.
I mean, when you have people that are running companies that just suddenly disappear and they're well known around the world.
This was new.
This is a new thing over the past few years.
Not entirely new, but it is happening a lot more
regularly.
The Uyghur thing is a lot more, like back in the day, a lot of this stuff happened all the time, and there was a period where this didn't occur as much and when
the world welcomed China more openly.
And now they seem like they're going back into these same darker, darker paths that they did earlier.
It's weird because these companies are so diametrically opposed to themselves.
Like Facebook, it's acting like a libertarian company that, you know, I don't care, I'll do business with anybody and, you know, whatever.
But they have no morals and they're not libertarian because they're doing it here as well.
They are, it's this weird thing.
They want to be free to do what they want, but they will allow control through them
with any government.
You know, it's really a weird, it's, it's libertarianism without any kind of common sense, judgment, or decency, really.
Go do business with China unless they're enslaving the people or you're helping them enslave them.