Best of The Program | Guests: Bill O’Reilly, Rep. Thomas Massie, & Stephen Moore | 4/29/21

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Welcome to the podcast.

Big show today.

Glenn goes over the speech and gives you his take from last night.

And it's not something you could see anywhere else or hear anywhere else.

He broke the speech down in a totally different way.

Make sure you don't miss that.

Starts the show with his monologue there is where he goes through all of that.

Don't miss that.

We have Thomas Massion, the congressman from Kentucky, who goes through his take on the speech last night and what's going on in DC.

Bill O'Reilly joins us for a special, special appearance.

He's usually on Fridays.

He's on today instead to give you his take on what happened with the speech last night.

And Stephen Moore, an

economist and former advisor to President Trump, comes on to depress you about billions and trillions of dollars.

And by the way, after Trillion comes quadrillion, you'll be learning that very soon if you don't know it already.

Blaze TV.com/slash Glenn is the place to go to get your subscription.

You can see our coverage from the speech last night.

Mark Levin was on, Steve Dace, myself, Jason Buttrell.

It was a great show.

You can check it out as well as Glenn's take.

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You're listening to the best of the Blenbeck program.

It's a trap.

What the heck does that mean?

What does that mean?

Last night, if you watched Biden's speech and you knew what you were looking for, it was a carefully crafted speech.

In some regards, a little schizophrenic.

We are a nation that, if I can quote,

has had the plague

on America of systematic racism, and yet we're the greatest country in the world.

I mean, the speech writer, I heard that he went to his psychiatrist the other day and said, you know, I'm hearing voices.

And his psychiatrist said, you don't have a psychiatrist.

so uh it's a little schizophrenic

but it was only schizophrenic because they were saying the things that people want to hear and then saying the things they have to say to be able to have a complete storyline in the end

this is probably the most important speech a president has given

And it's the biggest warning any progressive, Marxist, anyone who wants to thwart America has ever given.

I need you to pay attention to this speech today.

If you want to be prepared for what's coming, you have to pay attention to this speech, but in a different way.

There are four things that he set up, and I'll go through them.

First, white supremacy is a plague and it is the biggest danger.

In fact, he said white supremacists are the most lethal threat to America.

How do you define a white supremacist?

Anyone who denies that there is

some sort of, you know, white indoctrination and,

you know, systematic racism.

If you deny those things,

you are a racist, a white supremacist.

And so that is a threat.

Second thing,

he's questioning whether our democracy works.

He wants it to work.

He wants it to work, but he's not sure if it does.

Third, China is the threat and the model, and they are not waiting around.

Four,

we have to act now.

or our system doesn't work.

Now let me go through this.

First, if you're a white supremacist, you believe in the Republic.

You believe in

the

system of merit, that we should be judged not by our skin color, but by the content of our character.

You believe in the founding documents.

You believe that the amendments are absolute.

Those rights are absolute.

They come from God, not the government.

That is going to be more and more defined as a white supremacist.

Now, when he said our democracy doesn't work,

you have to understand what he told the press before the speech.

CNN reported, and I'm going to quote the president.

CNN reported that

before the speech, President Biden got together with a few of the

elite media and had a conversation with them.

This is so

Woodrow Wilson,

it's terrifying to me.

You know, if you've listened to me for any time, I hate Woodrow Wilson.

Woodrow Wilson was a racist and an absolute danger to the Republic.

He's the guy that really started this ball rolling.

And it was the final move, the final chess pieces are being put onto the table right now

so he met with the the trusted news sources and they do that so they can bring them in and so they can explain it to the dumb American people now here's what he said according to CNN and I quote

and I really believe because I've spoken with over I guess 25, 30 heads of state, including Putin, including President Z.

I had a two-hour conversation with President Z,

and I've been convinced for a long time.

Dot, dot, dot.

Look, I doubt whether most of you would agree with me, but I think we're going to...

Look, they're going to write about this point in history.

Not about any of us here.

but about whether democracy can function in the 21st century.

What is he saying here?

He's saying a lot.

I've been convinced for a lot, a long time.

Convinced of what?

He stops.

He never finishes that.

Then he says, I doubt whether most of you would agree with me.

About what?

That they're going to write about this point in history.

Not about any of us here, but whether or not democracy can function in the 21st century.

I would agree with that.

Who wouldn't agree with that?

The historians are going to look back at this time and say that's what was being decided.

That's not controversial.

What's controversial is what he didn't finish.

I've been convinced for a long time.

He says they're going to write about us, not about us here, but whether or not democracy can function in the 21st century.

Then he says, not a joke.

Whether autocracy is the answer.

They were my discussions and debates that I've had many times that I've met with President Z.

Think about it.

You know, things are moving so damn rapidly.

Things are changing so rapidly in the world, in science and technology, and a whole range of other issues, that the question is, in a democracy

such a genius as ours, can you get a consensus in the time frame that can compete with autocracy?

This tells you everything you need to know.

He and his people do not agree.

Neither did Woodrow Wilson.

Neither did Mussolini.

Neither did Hitler.

Neither did Stalin.

Neither did the New York Times.

Back in the 1930s, this was exactly the conversation.

And it started really with Wilson.

Science was happening.

Things were moving quickly.

If we go to war, can we build a war machine fast enough?

We need to have an autocracy because they can say, everybody make bullets.

We're going to war.

So that's centralized and it's directed by the government, so you can change on a dime.

But that's not our system.

By the way, we were never going to be able to catch up with Germany in 1941.

We were so far away from being prepared for that war, especially against Germany, which had the best planes, the best tanks, the best of everything.

By 1944,

the American free market kicked its ass.

So this is not a new idea.

So what is he saying?

He is setting up before the speech, I think we all should question our democracy.

Then in the speech, he sets the trap.

He's saying people are questioning.

He's not saying him.

He's saying people are questioning all around the world.

Can a democracy work?

So that's the framework of the speech.

So every time that he said, you'll notice he said it a lot, the world won't wait.

We've got to make these changes now.

Quoting, I'd like to meet with those who have ideas that are different, I think, and that they think are better.

I welcome those ideas.

But the rest of the world is not waiting for us.

I want to be clear.

Doing nothing is not an option.

We can't be so busy competing with one another that we forget that the competition we have here is the rest of the world to win the 21st century.

Then he goes in another time.

I've traveled with President Z, blah, blah, blah.

He's deadly earnest about becoming the most significant consequential nation in the world.

He and others, the autocrats, think democracy can't compete.

Then he later says, the world is caught up or catching up.

They're not waiting.

I would say if we are sitting down and putting a bipartisan committee together and we said, okay, we have to now decide what we're going to do in terms of government providing free education, I wonder what we'd think.

Well, we wouldn't have that conversation under a republic.

Constitutional republic, you don't have that conversation.

He also started the first 14 minutes.

I can't tell you how many times.

Go back and watch it if you can.

He kept saying that it was the people in that room.

You made the difference.

You are saving lives.

You are the reason we are getting past COVID.

You are the reason why our economy is coming back.

Not the American people,

but Congress.

He said over and over again, we have to have the courage to act now.

We can't wait.

He made it very clear, China is the threat

and the possible model if we can't get our crap together.

The fourth thing was we have to change.

And we are competing, so we have to act right now.

And I want this to happen.

But we got to act right now because the world won't wait.

The whole theme of this was crisis and opportunity.

That's how he started it.

Crisis and opportunity.

So let me tell you what's going to happen.

Give me a one-minute break, and then I'll come back and tell you how this is a trap and how it's all going to play out in the playbook.

There are very few times that I'm on the air and

I just know, I know it's right.

I'm telling you, I know this is right.

I know this is right.

This

is the best of the Glenn Beck program.

We want to bring on Thomas Massey.

He is the congressman from northern Kentucky.

He is somebody who went to MIT,

has a bachelor's degree in electrical engineering, master's degree in mechanical engineering.

While he was in school, he invented technology that

just is in use everywhere now.

He's got like 29 different patents.

The guy is really, really brilliant, knows what's on the horizon, knows the threats that losing our place with technology will

cause,

and watch the speech last night.

Thomas Massey, welcome to the program.

How are you, sir?

I'm doing well, Glenn.

I used to work in artificial and intelligence and virtual reality, and now I'm in Congress working in artificial intelligence and virtual reality.

It is crazy, isn't it?

It's crazy.

It was the most

schizophrenic speech I've ever heard.

We have systematic racism all throughout our justice system, but the cops, vast majority, are great and they have nothing to do with it.

Wait, what?

It's a great country, but we've got to change it fundamentally.

I mean, it was a schizophrenic speech.

Yeah, speaking of schizophrenia, he blamed China for subsidizing their private companies and being in bed with government, yet that's what he's proposing to do with all of these programs.

Let's start with the virtual reality here.

It was high theater.

If you looked at the room, they had five seats at least between every member.

But I fly back and forth from Congress with these members.

They sit shoulder to shoulder on the airplanes with everybody else.

Right.

The planes are packed today.

They spend more time on the airplane than they did in that room.

And you know, everybody in that room has either been vaccinated, acquired immunity through infection, or wearing a freaking mask.

Thomas,

I watched the pre-feed.

So I got the network feed 45 minutes early.

So I'm watching them all come into the room.

They're all hugging each other.

They're all kissing through the masks.

They're standing right next to each other.

There was no social distancing until the network started their coverage.

Then everybody went to their positions.

It was high theater.

You're absolutely right.

And I've been on the floor.

It's not within the rules for me to take a picture, but I might have done that.

I'm not saying I did, but I might have pictures of Democrats hugging each other in large groups on the floor of the House.

Meanwhile, Pelosi will sue you if you don't wear a mask.

But

that's the theater.

Here's another thing, Glenn, speaking of the schizophrenia.

He said 650 billionaires in America saw their net worth increase by more than a trillion dollars during the pandemic.

Well, that's what I said was going to happen back at March 27th of, not this year, but last year when they passed the first $2 trillion bill.

And I'm not singling out Joe Biden.

I'm singling out everybody in D.C.

who wouldn't stand up and even vote on the freaking bill.

Remember, I was the guy CNN called the most hated man in Washington, D.C.

That's probably the first and last time they ever got a headline right.

And I was hated for simply saying we need to vote on it and we need to read the bill.

That was the first $2 trillion.

We've spent $6 trillion.

I said these little checks that I know they're consequential, but they're little in comparison to the amount of money that was spent.

That's the cheese in the trap.

These $2 trillion bills are the biggest wealth transfer from the middle class to the upper class in the history of mankind.

And you're not even talking about the $6 trillion that the Fed has just printed or digitized and given to the banks.

$6 trillion in the last 12 months.

When Biden, you know, he had to go from $10 minimum wage to $15 minimum wage because that's how much they've devalued the dollar in a year.

So inflation.

What was the thing, Thomas, that stuck out to you the most?

What is the thing that you think people are missing?

What's the clarion call here on this?

Well, the biggest thing is he's not a moderate.

If you had any hopes of him governing as a moderate, you can disabuse yourself of that notion.

He is full hardcore left.

He promoted every one of Nancy Pelosi's bills, which, by the way, were crafted by the most radical left elements of her party that have passed the House of Representatives.

They're all, you know, them by their number.

They're HR less than 10.

I call them.

I never vote for HR less than 10.

Even when we're in the majority, those are usually pretty bad bills.

But there was HR1, which will fundamentally change elections and federalize them, make voter ID virtually impossible to implement.

There's HR 8, the gun control bill, all the other HR less than 10s, which are so radical.

When they pass the House, we say, yeah, they pass the House, but they'll never make it through the Senate.

But he's there pounding on the elector and say, send me these bills, I'll sign them.

Folks,

he's not anywhere near moderate, and he's a captive of the radical left within their party.

So, Thomas, we did the math yesterday.

One thing you didn't hear, and I've always heard this my whole life when you're watching the networks cover these things.

They would always say, you know, just on the back of the napkin, what I heard was this president suggested that we would spend an additional $481 billion.

Last night, just in the two packages he talked about, not everything else, just in the two packages, that's almost $5 trillion.

We have, in the last 12 months, spent and digitized $19 trillion if these two bills pass.

$19 trillion

in the last 12 months.

I'm not as good at math as you are

when he said, oh, this economy is going to turn around.

We are going to have a boom,

but it's going to be coupled with massive inflation at the same time, is it not?

Absolutely.

We're on a sugar high right now.

He said that the America Rescue Plan, we're already seeing the results of it.

And I say, yeah, if you want to see the results of it, go try to buy a sheet of plywood.

And you will see the results of the American Rescue Plan.

And by the way,

while we're talking numbers, $5 trillion

is about 20% of GDP.

Biden bragged that GDP is going to go up 6% this year.

Well, if you're spending 20%, if you're throwing out the money and you're spending 20%,

is it a miracle that it goes up 6%?

No, where'd the other 14%

go?

When he was proposing this jobs plan and he said, you know, we've got to build America strong and we're going to fix our infrastructure.

And he talked about the lead pipes.

Okay, fine.

You know, that's bad.

We should have, you know, no lead in our water pipes, et cetera, et cetera.

But he said, these are good jobs.

No, they're not.

That is fixing 200 schools and

colleges or whatever he said had the lead pipes.

And that's fixing those institutions.

institutions that's not something that creates wealth or creates new jobs so how how are these jobs now directed by the government going to create new wealth

it's not going to then the checks are keeping people at home uh people are

not adding to inflation that's right because

you can't get people to make things

used car prices are going up quickly

And the jobs he's talking about are tradespeople.

I put them on a higher plane than college graduates, frankly.

But

they're more scarce.

They're more scarce than college graduates.

They're more political science majors, I guarantee it, than there are plumbers and electricians.

And these are the kind of jobs that he's talking about.

But they're already, if you have that skill, you can go to work tomorrow.

Those folks are always in demand.

So he's, you know,

and what passes for infrastructure?

I'm on the Transportation Committee.

Okay.

I would, you know, this is one of my guilty things.

As a libertarian-leaning Republican, I actually believe government has a place in building the roads.

And so I said, put me on the transportation committee.

It's one of the few things we should be spending money on.

So I could be for an infrastructure bill.

Look, we spend $60 billion, $6.00 billion a year on roads and bridges at the federal level.

Yet we've spent $6 trillion.

Like the $60 billion that we've spent is, it's like less than 1% of the money that's gone out the door.

But that's about the ratio you're going to get on his infrastructure bill that's coming up.

They're calling everything infrastructure.

Could you change subject because you would be one guy that understands this?

Apple is saying that the price of their products are going to go up because of the chip shortage.

Ford just had a record-breaking quarter, but now they're saying that they are going to have to reduce the number of cars that they're building because of the chip shortage.

What is that caused by and what does that mean?

Well, in my pastime here, or as a hobby, I design electrical circuits.

And

I can tell you, you know, I used to, I did this 20 years ago, but as a hobby, I'm doing it now.

You have two choices when you buy chips now.

You can either either buy Chinese-branded chips made in China, or you can buy American or Japanese-branded chips made in China.

Literally,

we don't have the capacity to

from chips, like whether it's a factory that makes chips or a factory that forges the castings for our machine tools.

There are certain fundamental capabilities that are critical to our economy, but also to our national defense.

We just don't have the capability

anymore.

this is where that's infrastructure that i would support give us you know help us build uh the infrastructure to be able to or make it easy by cutting regulations to build the things where we can be independent this is insanity in a world where chips run everything

we don't make them anymore

We don't make them anymore.

It's scary.

And the change in the last 20 or 30 years, you used to be able to buy a chip that was made in a foundry here in the United States, or you could buy one overseas, but the domestic option is not an option anymore.

You can buy a domestic brand that's made overseas.

Right.

That is it for 99.99% of these chips.

Okay, so tell me, why is this happening?

Is this just because of the COVID slowdown in shipping?

Is this intentional on China's part?

And what can we do?

I don't think it's intentional.

I think they had a small slowdown.

Hubei Province, Wuhan, that's where a lot of this activity actually is.

So they had a small slowdown there.

You had a kink in virtually every aspect of our own supply system here at the United States.

The chip manufacturers aren't going to keep making chips when you're not making the appliances that use those chips.

Correct.

So they slow down.

But now we're, you know, the appliance industry here in the United States is doing great.

They can't keep up with the demand of refrigerators, dishwashers, washing machines.

Part of that's because everybody's staying home.

Part of that's because you just put, you know,

$1,500 in their hands per family member, $1,400.

So demand's going through the roof.

It's a sample.

It's like when a bridge, there's an accident on a bridge and and traffic backs up, and you realize how reliant you are on that bridge, how everything

on both sides of the river shut down.

It's the same thing with this.

This is a wake-up call.

It's like the bridge got temporarily shut down.

We'll get over there.

It's not intentional on China's part.

But what do we do?

Right.

Is there anybody working on it?

I'm sorry, I'm up against the network break.

Is there anybody doing anything about it or that we can do about it?

Not to my knowledge.

Not to my

Okay.

Thomas Massey, I have so much to talk to you.

Maybe we'll have you back on because I want to talk to you about the future of the Republican Party.

So maybe we can invite you to come back on with us.

I appreciate the you spent with us today.

Thank you so much.

It's an honor to be on your show, Glenn.

Thank you so much.

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

The new book that comes out, I think, next Tuesday from Bill O'Reilly is Killing the Mob, one of his best books yet, I think.

Killing the Mob, available now for pre-order at billo'reilly.com or wherever you buy your books.

Mr.

Bill O'Reilly, welcome to the program, sir.

Back, thanks for having me in.

You know, I think what happened to President Biden last night, about eight minutes into the speech, is he segued into his Don Corleone voice:

Luca, my great friend.

You know,

he does have that.

He does.

You know,

though, Bodzini, I didn't know until today

it was Bodzini all along.

All right.

That's what happened.

He went in.

He saw my Godfather probably this week.

They playing it every hour on the hour.

And he kind of just segued into his Don Corleone voice.

So, Bill, I would have to agree with you that it was the most boring speech.

I mean, it was relentlessly boring.

Oh, my God.

I think it was extraordinarily important what he said.

Well, I don't know about that.

I didn't learn anything from the speech.

Wow.

And I don't think that Americans understand the big picture, and certainly

Joe Biden doesn't understand what he's doing.

I mean, he didn't.

Oh, I think he does.

I think he does.

No, I disagree 100%.

The reason I'm saying this is

that speech speech last night could have been written by Rod Serling, the Twilight Zone guy.

That's how unrealistic and

fantastical, or to the day of Stew, fantastical that speech was.

Why do you say that?

Because the country owes $28 trillion now.

And they have to pay the United States and all of us who live here.

We have to pay interest on that debt to investors who bought bonds, to foreign countries.

We have to pay it.

So Biden comes up and last night alone,

all his plans, I know you noticed this, there's a lot of plans, Beck.

There's plans.

Oh, yeah.

I mean,

we have the family plan and the COVID relief plan, the infrastructure plan, the American jobs plans.

A lot of plans.

And the plans add up just last night to $6 trillion.

So I'm not a math whiz, but I'm going $28 trillion plus $6 is $34 trillion.

Okay?

So there are not enough wealthy people or evil corporations to even dent that.

You can't, I mean, he's going up there, oh, we're going to give you everything.

If you have a baby, we're going to pay for your babysitter.

That's what he actually said.

All right.

So child care is babysitting.

Feds are going to pay, all right?

Universal child care.

What does that mean?

That means if you don't have a job and you just want to get rid of the little type for five or six hours a day, the feds are going to pay.

It's not necessary.

You're not going to be pied into, well, you've got to work.

No, it's universal

childcare.

Then pre-K, we're going to start our schooling at three years old.

We'll pay for all of that because we're going to have to build new schools with new teachers and new facilities because three-year-olds is a little tough going into the school when they don't even know their name okay

then

when you get through the public schooling and by the way when you get into the public school the federal government is going to order if you want block grant money you to teach critical race theory and critical race theory is basically white people are bad.

All right.

Then you get through the school and then we're going to pay for your community college.

Now, why you can't pay $3,000 or $4,000 for community college, I don't know, but Joe's going to do it.

So then it's like ka-ching, ka-ching, ka-ching, ka-ching.

It's never going to happen.

It's impossible financially and structurally.

But because of all that President Biden said, I have given him a new nickname, Beck, and I'm going to announce it on your program right now.

Are you ready?

Okay.

I'm all attention.

This is with respect,

forever on.

President Biden should be known as.

You ready?

Yeah, yeah, yeah.

Yeah.

Joey Hall of Hall of Fame.

Hang on, hang on, hang on, hang on, hang on.

Don't say it yet.

Stuff have you have you connected?

No, have you

alerted the press?

Have you alerted the press yet?

No.

I just want to make sure we have everybody.

Go ahead.

Death on my line.

Of course you do.

Of course youlcome to my

The nickname is now Joey Warbucks, cousin of Daddy Warbucks from Annie Fame.

Joey Warbucks, okay?

Hey, he's going to take out the big roll.

He's going to peel off a couple of tens.

Hey, here I am.

I'm Joey Warbucks.

So this is crazy.

All right.

And anyone with a modicum of intelligence or any political science background at all or any economic background.

Anybody would know.

So this is what amused me the most.

Right after

Joey Warbucks got off the stage, CBS took a snap poll of CBS viewers.

And guess what?

85% of them liked the speech.

80.

Wow.

85% of CBS News viewers liked the speech.

That's like Fox News taking a poll after a Trump speech.

It's the same thing.

If you're not a Democrat leftist, you don't watch CBS news.

Doesn't anybody understand that?

So this whole thing to me, it is,

I'm going to revise my disagreement with you.

The speech was important because of the absurdity of it.

But it wasn't important in the sense that any of this is ever going to happen.

Let me make one more point.

And this is an important point.

At the end of the speech, Biden sneaks in a little border stuff.

All right?

That was not, the border and the race was played down in the speech.

Biden says to the American people,

you know, when I was vice president, my boss, Barack Obama, put me in charge of Honduras, Guatemala, El Salvador, and the root causes of migration into the USA.

And I had that problem solved.

Me, Joe Biden.

I did it.

But then Trump came in and wrecked it.

Remember that?

You don't remember it, do you?

It was at the end when everybody was somnambulant, another word of the day.

Everybody was like, oh, please end this.

All right?

So he says that, that he, Joe Biden, solved the migration root cause.

In the eight years Barack Obama was president and Biden was vice president, they deported more human beings from the United States than any other administration combined.

But Joe solved it.

So we're at a point now in America, because of the corrupt press, where you can go on, if you're a politician, and say anything.

You can say,

Godzilla is going to come on Thursday.

So you better all, you know, hunkered down.

And it's fine.

If Godzilla doesn't show up, ah, so he didn't come.

He's late.

This is the country we're living in now, and it's a little frightening.

So I want to ask you a couple of things, because

what I picked up from the speech was that he's not, but other countries are questioning whether democracy can compete, you know, whether we are going to be fast enough to compete to

win against these autocracies in the 21st century.

And I've talked to President Z and President Putin, and they don't believe we can compete.

Really?

Our communist and

state killer don't think that America can win?

And he said, you know, we just have to move.

We have to move.

We have to move.

This is important because of what he said to the press prior to.

He met with some of the

trusted anchors, and I'm quoting him.

Before the speech, he said, and I really believe, because I've spoken with over, I guess by the time, 25, 30 heads of state, including Putin and President Z.

I had a two-hour conversation with him.

And I've been convinced for a long time.

Well, look, I doubt many of you would agree with me, but I think we're going to...

Look, they're going to write history about this point in history.

Not about any of us in here, but about whether or not a democracy can function in the 21st century.

Not a joke.

Whether autocracy is the answer.

They were my many discussions that I have had many times when I've met with President Z.

Think about it.

You know, things are moving so rapidly, things are changing so rapidly in the world, in science and technology, the whole range of other issues.

The question is: is a democracy that's such a genius as ours can you get a consensus in the time frame that can compete with an autocracy?

So, when he was saying, pass it now, pass it now, pass it now, you've got to do it now, the world won't wait.

He was setting up

that our democracy, as our republic has spelled out, is just not working.

We have to make fundamental changes to the system because it's just not working.

Look, all the American people agree.

And there's just some people that are just stubborn and quite honestly part of this white racism and this systemic racism that

just won't agree and won't help us move forward.

And we've got to move.

We've got to change.

I really think this was

the cornerstone speech to be able to come back maybe a year from now and say, we tried it, but they won't move.

I beg them.

They wouldn't move.

Right, they won't do it.

Well, that's the

transformative philosophy that Barack Obama has.

That's what that is.

But Joe Biden doesn't know what he's saying.

You don't think he really understands what he's saying, do you?

I do, to some extent.

I don't think he's creating any of it.

He doesn't know

the bigger picture of what his acolytes are telling him.

He doesn't understand

that

by printing $6 trillion,

the U.S.

Treasury Department will impose tremendous inflation on this country.

Joe Biden doesn't know that.

He doesn't know macroeconomics.

So if you have money.

Bill, I'm a high school graduate and I know that.

Right.

Okay, I'm a high school graduate.

He doesn't know it in his diminished capacity.

He doesn't understand

what he's saying as far as the repercussions of it or the unintended consequences of it.

It's obvious because

if I'm or you are interviewing Joe Biden, Beck or O'Reilly, and he's there, it's one-on-one,

it would be a catastrophe for Mr.

Biden, would it not?

A catastrophe because you could say,

look, what you're proposing is socialism, Mr.

President.

That's what you're proposing.

You want the government to control policing.

That's what the George Floyd bill is all about.

You want the government to control elections when clearly in a constitutional, that's the state purview.

You want the government to control a private economy.

All right.

And the government is going to create the jobs.

How many times last night did he say, we're going to create the jobs?

How many?

Yes.

A million times if it were one.

I got 18.

The government doesn't create jobs.

The private sector does.

Does Biden know that?

No.

Now, the people behind Biden know it.

The speechwriter knows it.

So basically what Biden was telling

the American people was, we don't really believe in this free marketplace anymore.

We don't want capitalism.

capital in the world.

And he does not

commit.

Okay, Bill, let me just, let me say, let me rephrase or reset in your mind

the way we're looking at Joe Biden.

Joe Biden is part of the elite, and yes, he is diminished capacity.

But this conversation has been happening for a long time before he had diminished capacity.

When we started to do TARP, I know, because I know people that were in that room,

they were saying at the time, we have to violate the free market to save the free market, which didn't make any sense.

But they started down this road and they were looking for the exit strategy.

It will come back to normal.

It will come back to normal.

We'll go back and we'll erase all that debt.

Well, they tried.

It didn't work.

So what's the exit strategy?

Then they started getting mixed up with

just money printing.

The Fed printed $6 trillion and gave it to the banks just last year in the last 12 months.

And so there's no way out.

So what's the exit strategy?

The exit strategy is, and you've heard this for years, China is the new model.

More of

an autocratic rule that the government makes a private

public partnership and we begin to move in a different way and we publicly invest.

Now, at the same time, we know that all this money is going to cause inflation, but the dollar is the reserve currency.

That writing has been on the wall for quite some time.

So as part of this great reset is a great financial reset.

But you can't reset the dollar unless the dollar is completely decimated.

So go ahead, give it the juice, and we'll put the structure in for it to collapse in.

I think he knows exactly what he's doing.

I don't think he could have understood what you just said.

All right, so we just have a gentleman's disagreement.

So if you look at Joe Biden's history,

he's always been a party guy, never been an innovative guy, never been a creative guy.

You know, plagiarism all over the place in his resume, as you know.

He's a party guy.

They used to call him party hack.

So I don't want to be disrespectful.

But that's what he is.

He's always done what he's told to do.

Now the progressives run the party.

Everybody knows that.

There are very few even moderate Democrats.

Yeah, I don't think that's a good idea.

And Biden is doing

what he is told to do.

Does he understand

what inflation is?

How much money the Treasury printed just to fight COVID?

No.

I talked to Newt Gingrich just that he was kind enough to have me on his podcast to talk about killing the mob.

And we talked a little bit about politics before we got to the book.

And I said to the speaker, who's a very smart guy?

You may not like him.

He's not a good predictor.

I mean, he said Trump was going to win in a landslide.

I went, which Trump are we talking about?

Ivanka?

Because I knew that it was going to be not a good thing.

It's certainly not in a landslide.

But anyway,

Gingrich said to me, the danger here is inflation, not that the economy is going to collapse

overnight because we're going to have consumer spending, which is going to be robust after COVID.

It will be a melt-up.

It will be a just rapid rise and then a crash.

Right.

But you can see it now in the price of gas.

Gas is way up.

Groceries.

You know, I went to a restaurant today.

They wanted $55 for a steak.

I said, are you going to give me a couple of tires for my car with that?

I mean, $55.

So, this is what's happening.

But Biden doesn't understand that.

He doesn't live in the real world.

He's always been a marginal intellect.

Always.

And now he's in charge, and that's frightening.

No, no, no, no.