Capitalism Is in Big Trouble | Guests: Ken Paxton & Brian Riedl | 1/27/21

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

This

is

the Glenback program.

You know,

I have this little theory that when people are at Davos, you know,

flying in a corporate jet and

just skiing at night, partying away, and then talking about the little people and how we can help, when they're so busy and they are meeting with world leaders

and the partner of Klaus Schwab,

He is the guy who runs the World Economic Forum.

When they are in their big week meeting with prime ministers, heads of corporation, leaders of state,

when they take their time to do a thread directly at me because of something I said yesterday on the program, huh,

I must be on to something.

Why would you take time from all of the pate there at Davos to respond to a guy on the radio?

Hmm.

I'm going to give you the response.

I'm I'm going to tell you what I said, give the response.

Then I'm going to use their definitions of this new capitalism that we're all going to love.

And you tell me if, using their own words, this is something we're all going to love.

Yes.

Klaus,

Klaus, and Peter.

I'm going to respond to you.

As I apparently now know you're listening.

The truth behind the great reset in 60 Seconds.

The Glenn Beck Program.

So Janice lives in Texas.

She's been a substitute teacher, you know, her whole life.

She has to climb stairs every day.

And she said that there were times

I just couldn't do it anymore.

I had to refuse to go to class.

Well, let me tell you something, Janice.

I know you live in Texas, so it's not the same, but you can refuse.

If you live in California or, you know, or Illinois, you could refuse to go to class because it's so unsafe because of COVID there.

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I'm sorry that you're now bounding up the stairs because I don't, I mean, take the elevator.

You know what I mean?

I wish I had the excuse.

But you got your life back.

Congratulations, and thank you so much for just trying it.

That's what you have to do.

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I know you've tried a million things.

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And then they have shareholder capitalism, which does not work.

And so we must have stakeholder capitalism.

Oh, this is great.

Now, they've released a little chart yesterday because they say what I'm saying

is completely wrong.

And what I'm saying is,

this is an oligarchy.

That's all this is.

This is for the oligarchs.

You are going to be run by the people,

well,

well, not by the people's representatives.

I mean, we have a House of Representatives, right, Stu, don't we?

Right, right?

Right, representing our needs.

Representing our needs.

They don't have freezer full of ice cream in freezers that most people can't afford.

I mean, you know what I'm saying?

And multiple freezers in the same kitchen.

Right.

They are just like you and they represent you.

Okay.

So it would never happen in America where the people who get power become suddenly very, very rich and even more powerful.

And then they start making new laws and dismissing laws for their friends, for the businesses that are helping them.

Like, for instance, we would never have social media here going around the Constitution and doing things that constitutionally the government should say, hey, hold on.

You can't limit speech.

You can't just deperson people.

You'd think those representatives, well, I know in our country, those representatives would represent the people, right?

I'm sure they would.

Okay.

So there are types of capitalism.

Okay,

this is from the World Economic Forum.

Types of capitalism.

State capitalism, that's where the government is the key stakeholder.

Government steers the economy and can intervene where necessary.

It's China's model, right?

Russia's model in theory.

Yeah.

Kind of.

Yeah, state capitalism.

Business interests are subsidiary to state interests.

Okay, so if the state says we're going to do something, the businesses have to do it.

That's state capitalism.

Now, what we have is shareholder capitalism, where the key stakeholders are the company shareholders.

You buy into the company.

The social responsibility of that business is just to increase its profits.

Short-term profit maximization is the highest good.

And

who really touted this?

Milton Friedman.

Oh, geez, I hate him.

Now here's the new one.

Unlike anything else that I've just, this is completely new.

Stakeholder capitalism.

Who are the key stakeholders?

All stakeholders matter equally.

Wow, that's really good.

Sounds great.

I love equality.

Right?

Okay, so everybody matters.

All right.

Key characteristic.

Society's goal is to increase the well-being of people and the planet.

So the implication for the companies?

Focus on long-term value creation and ESG measures.

Oh, wow.

This sounds really great.

I like that.

All stakeholders matter equally.

Okay, so now let's get into who

defines stakeholders.

Yesterday I said, this is the governments of the world coming together and working with big businesses.

The governments get power.

The big businesses, they get money.

And you lose.

Peter

Von Haum.

Peter Von Haum.

Hi, it's me, Peter Von Haum from the World Economic Forum.

Here's my friend, Klaus Schwab.

And I'm Peter.

What accent is this exactly?

What could you describe?

I don't know exactly.

Just making it up as I go.

Peter Schwab.

Peter, wait, no, Peter Von Haum.

So,

Peter.

I don't know.

You're making me like him more.

I don't think I'm supposed to like this guy.

And you're making me like him with his accent.

And over here, we have beautiful paintings.

He seems delightful.

He does, doesn't he?

Have some Venus all wrapped up in little blankets.

So

Peter

tweeted.

Now,

he's the co-author of Stakeholder Capitalism, a global economy that works for progress, people, and planet.

Klaus Schwab.

And Peter Von Ham.

So he writes,

we address the false notion that any global elites, quote, the corporations and world leaders, Glenn Beck talks about, should rule this system.

Instead, we plead for subsidiary, meaning that decisions are made at the most granular level.

Local stakeholders should decide.

Oh,

that's why my mayor of my little town is in Davos.

Wait,

there's no mayor of little towns in Davos.

I was trying to get a hold of the city council just the other day, and they were all like, We're at Davos working on stakeholder capitalism.

Really?

Yeah, yeah.

Okay.

So this is because it's so local, it's going to take power away from centralized government.

Right.

All of the prime ministers and all the big corporations are there, and my city council member are lecturing them right now on the key slopes.

Yeah.

Wow.

with the little wieners in the blankets uh

don't know who this is but peter says pater says this is not propaganda as glenn beck asserts so this guy is this guy's at the world economic forum in davos with the with the wieners in the in the blankets and he's texting this to me Okay,

this is not propaganda, as Glenn Beck asserts.

Subsidiary and stakeholder capitalism are approximated in Western European countries like Scandinavia, Benelux.

I'd have Benelux, I've never even heard of Benelux.

And Germany.

Oh.

Business and governments consult with one another on wages and social security, etc.

And governments, now listen to this.

This is how they get to you.

Because you're a stakeholder in this.

You're a stakeholder.

And governments made up of representatives of the people regulate the markets in part to avoid the market concentration and formation of any unlawful ogolopoly.

And by the way, Glenn, just to reiterate how local this is,

Benelux is the combination of three nations, Belgium, Netherlands, and Luxembourg.

But it's so local.

It cares so much about the local control here.

They've only just brought those three nations and just count them as one.

Well,

I bet that was driven by the people.

You know what I mean?

I'm sure it was.

When populists on the right and left claim that they at least agree they dislike global elites, they miss a much larger fundamental disagreement that they have over the kind of economic and political system that's needed to avoid the oligarchy they both fear.

The system we propose is one of stakeholder capitalism.

It's capitalism as it recognizes the benefits of private enterprise, competition, and market forces.

But it's a model of consultation with the people,

meaning the governments, because we're all represented, right?

Don't you feel like, don't you feel like our government listens and responds to you, the little people?

I know I do.

And it's a model of consultation.

And I love this, and this is really important.

It's a model of consultation with the people

and the planet

hang on quiet

i'm consulting with the planet right now

shut up really

oh i mean you're positive i don't want to make a mistake on this one all right uh stu the planet said you have to throw yourself into a volcano Really?

Yeah.

I would not be surprised.

I'm just taking consultation and listening to the planet.

That's what I'm doing.

So, and I believe if I go to the representatives in Washington, I believe I could convince a lot of them that you should throw yourself into a volcano if you're tied to me.

Yes.

If you're tied directly to me.

So, Peter, thank you so much, darling, for writing in.

That's wonderful.

But we don't like it.

We don't like it.

It's, I don't know.

I like my mayor, you know, and maybe the local boss of the local restaurant.

I'm just saying.

Although your wieners in a blanket are wonderful.

Let me go over.

You can't possibly believe that we should try, let's say, kind of an experiment of

people governing themselves.

You wouldn't think that would be appropriate, that people should make decisions based on their own situation.

No, they don't know.

They don't know.

They're not smart enough.

They're not smart enough.

What we need are these world leaders.

And quite honestly, yesterday, I'm going to give you this quote: yesterday at the World Economic Forum in Davos,

they said that, let me see here.

In fact, I have the audio.

Instead of reading it, let me give you the audio.

It is

Beninoff.

Yes, Mark Beninoff, CEO of, I don't know, People That stuffforya.com.

Here's what he said at Davos yesterday.

CEOs around the world need to realize they must manage for all stakeholders, not just shareholders.

And there has been a mantra for too long that the business of business is business, but today the business about business is improving the state of the world.

And this is more important than ever.

We realize that.

And so thank you, Klaus, for that.

And we don't have to look any farther

to that mantra than 2020 itself, the year of the pandemic.

In the pandemic, it was CEOs in many, many cases all over the world who were the heroes.

They were the ones who stepped forward with their financial resources, their corporate resources, their employees, their factories, and pivoted rapidly.

Yes.

Not for profit,

but to save the world.

Right.

That is so true.

Finally, somebody's saying it.

The CEOs are the heroes.

Amen.

Amen to that.

Now, the Secretary General of the OECD said, we don't want to return to normal.

I mean, don't you feel that way?

We don't want to return to normal.

We don't want COVID to end and for us to return to some form of status quo because the status quo caused this, brought us here to our knees.

Those wishing to return to normal must inherently wish for disease and destruction to return and must secretly wish for death in the future.

Oh, man.

Prime Minister Minister of Spain said, let's not delude ourselves.

There can be no social justice without tax justice.

Now, there's a guy speaking for all of us, huh?

It's time to go one step further.

It's not enough to distribute income more fairly through taxation, but take serious steps to ensure equal distribution of wealth to all people, all races, and all nations.

Prime Minister of Spain yesterday.

Man,

let me tell you something.

This is an organization.

I was wrong.

Peter, thank you.

This is absolutely an organization of we the people.

I'm going to show you how

we were actually warned by one of our presidents in recent modern history about this very thing coming up in just a second.

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10 seconds station ID.

You know,

Eisenhower, President Eisenhower, General Dwight D.

Eisenhower, the guy, you know, that really kind of won the war for us in World War II, in his farewell address,

people miss the point.

And this is something that you know.

You know, one line from it.

You know this line about the

military-industrial complex.

And a military-industrial complex will rule the world.

We've all heard that over and over again.

He is speaking with real foresight.

He had learned about the power of large corporations, had discovered that public and private power tend to prioritize their own interest and well-being over ours.

now in 2021.

America needs to hear his words again.

We finally have an answer to the question: what happens when corporations are in league with government programs?

We know now.

The bad news is our nation is turning into an oligarchy, exactly like Eisenhower warned.

Everybody remembers his comments about the military-industrial complex, but he also warned us about something else:

dangerous merging of industry and government

and education.

Listen.

Akin to and largely responsible for the sweeping changes in our industrial military posture has been the technological revolution during recent decades.

In this revolution, research has become central.

It also becomes more formalized, complex, and costly.

A steadily increasing share is conducted for, by, or at the direction of, the federal government.

Today, the solitary inventor, tinkering in his shop, has been overshadowed by task forces of scientists in laboratories and testing fields.

In the same fashion, the Free University,

historically the fountainhead of free ideas and scientific discovery, has experienced a revolution in the conduct of research.

Partly because of the huge costs involved, a government contract becomes virtually a substitute for intellectual curiosity.

You hear that?

They're not curious about things.

They just follow the money.

Technological revolution resulted in its own family tree of industrial complexes.

Do I have enough time here to play the education industrial complex?

Listen.

The prospect of domination of the nation's scholars by federal employment, project allocations, and the power of money is ever present and is gravely to be regarded.

Yet, in holding scientific research and discovery in respect, as we should,

we must also be alert to the equal and opposite danger that public policy could itself become the captive of a scientific technological elite.

I can't imagine that happening.

This is him in the 1950s warning exactly against something like the Great Reset.

I want you to do your own homework.

Their own words spell it out.

You know, it's interesting how they just keep referring to stakeholders as you, but what you need to understand, you are only

represented by the government.

This is the Glenbach program.

All right.

We have Ken Paxton on coming up in just a second.

He's going to tell us about one of the lawsuits they just won against Biden here in the great state of Texas.

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Two weeks ago on TV, we talked about government and private industry coming together in the Biden administration.

They're just getting started.

Every time you open a closet at the Biden White House, there's another special interest skeleton that tumbles out.

Tonight, we're going to take a look at the major stakeholders who have their tentacles all over this White House.

The new Biden administration, already showing America the natural end result that comes from decades of being dominated by special interest groups.

Eventually, you get government that at the top is so beholden to these groups, you can call them stakeholders.

The stakeholders have vested interest in the actions and policies of the government, financial interest, ideological interest, often both.

These stakeholders always take priority over you and me.

Tonight I'll show you the stakeholders in this new stakeholder capitalism and the Biden administration, what they want, who they're working with inside the Biden administration, 9 p.m.

Eastern on Blazetv.com and Blaze TV YouTube, 9 p.m.

Eastern, Blazetv.com or Blazetv YouTube.

We have Ken Paxton with us.

He is the 51st Attorney General of Texas.

He has fought and won.

many of the cases against Barack Obama's administration, and they've just posted their first victory on the Biden administration, the first one to bring a lawsuit.

And within six days, Texas has halted Biden's illegal deportation freeze.

Joining us now is Ken Paxton.

Hi, Ken.

How are you?

I'm doing well.

Good morning.

It's been a fast start, hasn't it?

It is breathtaking how quickly things are changing.

And quite honestly, we were talking about it in the break.

A little frightening.

I agree.

It is frightening.

I don't think it's ever happened this fast.

I mean, I think Biden is off to the fastest start of any president in just issuing executive orders and changing sort of what we had going.

Yeah,

he's had a record of, I think, 38,

which just smashes all the other records of executive orders.

He's signing more today.

This one,

they are going to preserve, I don't know what that means exactly.

I fear I do.

I've read Agenda 2030.

Preserve 30% of all federal land by 2030.

That's not good.

I don't know exactly what that means, but that doesn't sound good.

Yeah, it doesn't sound good.

First, let's talk about the win that you had.

Tell me about the lawsuit and what it means.

So we had an agreement that we signed with the Department of Homeland Security recently that said that if they were going to change major immigration policies, that we were going to be provided

notice.

And so obviously the executive order that came out that ended all deportations and the invitation for people to cross the border didn't meet those requirements.

And so we filed a lawsuit on President Biden's third day and we challenged that executive order, not just based on that agreement, but also based on the fact that federal law requires him to do certain things that he has said now he will not do.

And so we argue that he violated federal law and his constitutional duty to enforce the laws that now exist.

And so, what did the judge say?

So, the judge basically gave us, we were asking for a preliminary injunction, a temporary injunction first.

We're going to seek a permanent injunction next.

And we did that because we had to show that there was harm to the state of Texas if this went forward while we were litigating the merits of the case.

So, we haven't won the merits of the case.

We have merely made a good argument showing that we will suffer irreparable harm to the state if this goes forward.

And it wasn't hard for us to show that, given that we already have a mass of people coming up from the southern border, potentially have COVID, that potentially have other communicable diseases that potentially are criminals, and that will cost the state of Texas billions of dollars.

And so that harm was not hard to show, in my opinion.

So, how are you going to argue for permanent,

especially with the way this administration is moving, where social justice

outweighs everything.

Well, it's going to be pretty much the same argument, just to say we are going to suffer damage.

We need time to have this question answered as to whether the president is violating federal law by stopping

the implementation of what is federal law.

Can he do that?

And the argument that we need time

or we will be harmed, still it's the exact same argument, just that we need longer to decide the merits of the case.

But wait, what I'm saying is, if you're arguing and

Biden, this is all changing now.

We're not talking about rule of law anymore.

We're talking about social justice outweighing absolutely everything.

If they win, and he can just say, we're not going to do any of that, A, isn't that what they've already done with,

you know, we're not going to enforce, you know, busts on pot?

So haven't they already done that?

And if they do codify this in the courts, then doesn't this make him,

in some ways, a dictator to where he could just administratively do whatever the president can, not just Biden, but any president could just do whatever they want.

And it never has to go through legislation.

No, you've hit the nail on the head.

And it means literally that Congress becomes almost irrelevant, the courts become not so relevant, and the states that are supposed to have all these powers reserved to them that are not specifically granted to the federal government also lose their power.

It does become a real focus on one person having all of the power, which clearly was not what our framers intended.

So, Ken, I've talked to other attorney generals

around the country,

and

they are just as concerned as I am.

And

I'm wondering, I know many of them are all working together to try to stop this onslaught,

but

is there any conversation about

a sanctuary state of

not secession or anything like that, but just saying this state will not violate the Bill of Rights and the Constitution.

And if you try to do these things that are unconstitutional, this is a safe haven, a sanctuary state for rights.

You know, it's interesting.

That conversation has not come up among the AG specifically.

But I was at a conference with technology leaders around the country, and most of them were actually pointing to that by saying they were either considering or they were on their way or they had already moved to Texas or Florida because they felt like those were states that they could go and be safe and that this the risk in the states that they're in is is becoming untenable for them and they're trying to find a safe haven where they will be where their rights will be respected and they will have continuing opportunities to work

and I mean how do we do this they are already talking about you know if you're depersoned that you won't

what was it the head of mastercard said yesterday we don't have to do business with just anybody meaning if we

if we don't like the business that they're in,

we can just say we're not doing business with them anymore.

And this is a growing trend.

And when it comes to businesses like mine or for anybody that is unpopular, this is extraordinarily dangerous.

Are the states, will Texas stand behind the universal God-given rights that we have always stood with?

We will in my office.

You know, I'm part of, you know, I'm part of the entire state.

I'm not the entire state, but we will in my office.

That's why we are now investigating the five companies that were related to the parlor deplatforming because we want to understand

how are they doing this?

How do they have the authority to just deplatform a whole company because they disagree with their views or they disagree with the people that they allow to speak?

Are you and the governor having conversations at all about critical race theory to make sure that's not being taught in our schools

Well, I haven't had those conversations and I that's not an area that I can do much about as Attorney General unless there's some specific violation of law my job is to enforce whatever laws we have So I always have to look for my way of getting into court or we can't we can't teach discrimination in schools, can we?

No,

but that that would be a probably if they were teaching discrimination

in schools, that would be probably a lawsuit by an aggrieved party, a student, a parent who said, hey,

you can't do this in this school.

And then it becomes under your purview.

Well, so then if the school asked me to represent them and I think they're wrong, I say, no, I'm not representing you.

This is a legitimate lawsuit and you need to be accountable for doing the right thing.

Okay.

Do you have any advice for what the average person should be doing right now in their state?

Absolutely.

I think they should be speaking out.

I think the more voices that are speaking out, because what is going to happen, my concern is, you know, they go after the president and people don't say anything.

If we keep quiet right now, if people are afraid to speak, which I see some of this, I see some of this with

some of my fellow AGs.

I see this in a lot of circles.

People are afraid that if they speak out, they'll be deplatformed or they'll be canceled.

So

if we don't all speak out, if we don't address these election issues in states where there was, you know, they weren't following their own laws, we have to address that now or it will be too late.

They will come and deplatform all of us.

And if you think you're going to hide from that, you're not going to hide from it.

They may get to somebody else first, but unless we're all working together, it's going to be a problem.

Ken, thank you very much.

Thanks for staying on top of things and thank the governor for us as well.

We are counting on our state reps and our governor and you to stand and fight the good fight against this onslaught that is coming our way quickly.

I'll say this, Glenn.

If Texas doesn't fight, if we are in the middle of this fight,

I don't think we have much hope.

I think

Texas has to be in the fight.

Texas has got to, I mean, I've talked to sheriffs, and they've said, if I have to deputize every single citizen in in my county so they have the right to carry a gun,

we're not backing down.

It's got Texas must.

I mean, it's really sad.

I talked to Christy Nomen.

I'm like, you know, I'm a little embarrassed.

Texas should be knocking you into the dust right now.

We need to be Texas.

We need to stand and be very clear and be a leader for freedom.

Supposed to be the alibi.

Thank you very much.

Absolutely agree.

Appreciate it.

Ken Paxton, Attorney General of Texas.

If you're a cyber criminal, you're going to have to get up pretty early in the morning if you want to pull a fast one on,

you know, on some of us, some of us.

I don't want to challenge anyone, but every time I sit down on my computer,

I've got rubber gloves on.

I wear a mask.

I wash with antibacterials.

So I'm not getting one of those viruses.

I'm not going to do it.

No, you're really healthy.

Yeah.

I don't want to, you know,

I don't want to say it out loud, but I might as well.

Get off my digital on you bums.

The real reason that you shouldn't be worried about getting viruses or anything else and losing your identity is because you have lifelock identity, anti-identity theft protection.

You have somebody that is monitoring your transactions.

Yeah, okay.

Bank or the credit card will do that, but that's not nearly enough.

First of all, nobody can do all of that.

And if you want to keep what's yours, yours, you need to make sure that you have your identity locked up.

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There seems to be something illegal happening, but it's not illegal.

Apparently, Reddit is pushing stocks, and GameStop has gone through the roof.

I mean, like, yeah.

Crazy amounts.

GameStop, of course, a brick-and-mortar, largely mall-based physical video game retailer.

Not exactly the best business to be in in 2020 and 2021.

It's been sitting at about five bucks a share throughout the entire 2020.

And

there's a Reddit message board called Wall Street Bets.

It's been around for a long time.

They take really risky bets and they talk about them.

It's been around for a while.

And there's been lots of really interesting stories that have developed out of this message board over the years.

This one, they decided one guy decided to invest $50,000

because he saw something interesting in the GameStop

trading world, which was everyone, predictably, was shorting GameStop stock.

They all thought it was going to go to zero, which is seemingly where it

should be going probably at this point.

So these billion-dollar hedge funds, multi-billion-dollar hedge funds came in, and they were able to identify that there was not a lot of shares available, that they had actually shorted more shares than were available in the entire stock.

So

if they could get enough people to just start buying this stock, it would go up and it would trip a bunch of different tripwires that make people buy the stock back to cover their positions.

So, they would buy the stock back, then it would just keep going up and up and up and up and up.

And it's what's called a short squeeze.

But

it's a little bit complicated to go through the details of it, but it doesn't really matter.

The bottom line is this, they were able to push this stock from $5 to this morning, it hit $350 a share.

That is crazy.

In a matter, I mean, really, it's all happened within the last week or two.

So if your GameStop,

I mean, are you freaking out?

Because it'll collapse once everybody's made their money.

It shouldn't, it's not valued.

Yeah, the big hedge funds they were targeting finally gave up and said, all right, we're pulling all of our money out.

I mean, they basically beat this hedge fund.

Now, all this sounds very fun, and it is really fun in some ways.

Like, these guys basically, you know, David taken down Goliath in some ways.

And they like it because they don't like some of these billionaires.

They don't like some of these hedge funds, what they do to companies.

There's a sort of,

I don't know, almost a left-wing anti-capitalist message in here as well.

The other side of this, though, is that when things like this happen to a lot of billionaires and a lot of people, by the way, also, you know, teachers unions and pension funds and all the things that are wrapped up in these hedge funds, when they no longer have a retirement, the government usually cracks down on such things.

And you could see this going the opposite way really fastly from happiness to sadness.

We'll see what happens, but it's now down from 350 to 270, so it's already started to drop again.

It's going to be a fascinating thing to watch and has been so far.

How'd you like to be an employee at GameStop?

This is the Glenn Beck program.

All right, let me tell you about American financing.

Let's say you want to get one of those lizard cars.

Right, you want to refinance.

Right.

Take some of the equity out of your house to buy this multi-million

I've already taken a lot of my equity out, put it on GameStop.

I'll get one of those, get one of those lizard cars.

I mean, Hillary's really going to need to remortgage because of all the money that she's spending on our cars.

Yeah.

By the way, we have some solutions to the masks coming up.

So

just you're safe.

Really important.

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

This

is

the Glenback program.

It's science, man.

It's science.

We want to talk a little bit about COVID and

the report that came out yesterday on CNBC that, yes, one mask is good.

Two masks are better.

But three masks may be the secret number.

Well,

I want to tell you a little story.

It's called the $15 minimum wage.

And I'm going to show you.

I'm going to show you how this all works.

We do that in 60 seconds.

The Glenn Beck program.

Do you hear about Mike Lindell?

Permanently Permanently banned now on Twitter.

Permanently banned on Twitter.

Unbelievable.

I mean,

this is insane.

You know, they already went after his business when he was supporting the president,

you know, the,

what is it, the Better Business Bureau.

And I know the story.

I know all the details of what happened there.

And it was a political hatchet job.

Mike just does not seem to care, though.

I mean, he's out.

He just keeps

talking, doesn't mind telling you exactly what he thinks, and he doesn't care how much you threaten his business.

And look,

if you don't like what he says, don't listen.

If you don't like what he says, don't buy his pillow.

You know, I happen to actually like his pillow, and if I don't like what he says, I still sleep well.

If I do like what he says, and I like his pillow, I might buy the sheets.

I might buy the towel sets too.

I might support somebody who is being depersoned right now.

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You know, since Mike has been banned permanently from Twitter, you might want to just, you know, tweet out that you're getting a MyPillow at mypillow.com and they've got a two-for-one special.

I mean, I think that would be

nice just for your friends, you know, just to let people know that you're at mypillow.com or their number 800-966-3117.

Do it now, mypillow.com.

It's science, man.

It's science, okay?

I'm a doctor.

And we want to get into some heavy-duty science.

Let me start with CNBC's report yesterday on masks.

The experts keep telling us that wearing masks is really about protecting ourselves, protecting others from ourselves in the event that we are contagious.

But, you know, if other people aren't wearing their masks or they're wearing them improperly, we need to protect ourselves.

So, experts say you can double up with a tight weave fabric mask for added protection.

Now, Virginia Tech researchers found that doubling up these cloth masks increases the efficacy from 50 to 75 percent.

A three-layer mask could block up to 90 percent of the particles.

Wow, so you get three masks, you're up to 90.

Now, you could just buy the N95,

which filters out 95%

of all dangerous particles.

And when those were tough to get at one point, but now you can really go into any Home Depot.

And

the N95, that would stop you from having to wear three masks.

Didn't stop Mitt Romney, who's always a leader.

He's always a leader.

And I just, I just,

he's got a sweet spirit.

I just love him to death.

And

he was on the floor of the Senate, and he was wearing two masks yesterday.

And I thought, you know, Mitt,

I know you know about these things.

You may not be a doctor like I am, but I know you know these things.

I mean, you don't just higgledy-piggledy tie your dog to the roof of your car without having some idea of science.

You know what I'm saying?

And so

I say this with all humility to that sweet, sweet dear man, Mitt Romney.

i have 25 masks now yesterday we got it up to 10

but your ears start to uh rip off your head there's a structural collapse around 10 to 12 masks where your ears do not hold them your ears don't actually have any bones surprisingly most people i'm a doctor so i knew this but uh most people don't know your ears don't have actual bones in them so there's no real structure there you know and so they'll just rip right off your face if you put, I had 11, but I think that as a doctor, I would not recommend more than 11 masks tied to your ears.

However,

we did go and we found these little mask thingies that you can put on the mask that it's like string and then you can adjust it on the back of your head.

It's like the fat guy seatbelt extender on airplanes.

Exactly right.

Not that I know, not that I have to use those.

Not that I've ever sat next to my wife and she said, why aren't you buckling up?

And I, you know,

I don't have any experience.

Well, that's just anyway.

So,

so now 25 masks.

This will filter out 700 and well, let me just

now.

You just put it up here.

Now, my nose hurts a little bit from yesterday because it kind of crushes your nose when you really tighten it up.

So, now these

25 masks will filter out 780% of all particles.

780%?

780%.

Add another 10, you're up to 1,000%.

So if we had another 10,

if you had COVID, now this is speaking as a doctor, and I hate to get into science like this, but

if you do have COVID and you're wearing a thousand masks, It actually sucks the COVID out of your body.

It sucks the COVID out of your body?

Yes, and

you're cured.

Now, I don't want to talk about cures because this is just...

Well, I haven't run it by the FDA yet.

No, no, no sign-off by Fauci on that one yet.

Right, either.

But a thousand masks

will really...

No, you're going to have a hard time because it's going to be like your...

I don't know, like Pinocchio.

You know, when his nose was really long.

Yeah, it's a lot of masks.

You can't turn really easily because

you got a thousand masks on.

Right, a thousand masks.

But this is just

25 masks, and I feel comfortable.

I don't think that my life is being disrupted at all.

No, no.

I don't think it looks ridiculous.

I think people will see this, and they'll go, that guy is safe.

There's a lot of pressure on the nose.

I mean, the nose is also.

Are there bones in the nose, Doctor?

There are bones in the nose, but they're higher up.

You You know, they're up here.

Uh you're really worried about the cartilage

right here at the end,'cause that really does hurt.

I think I have a nosebleed, but the good thing is the masks

are completely absorbing all of the blood.

It's like a maxi pad for your nose.

Thank you.

Thank you.

So d scientifically.

Yeah, I was gonna say it sounds a little it sounds a little

gross

coming from a non-doctor.

But as a doctor, I'm telling you, uh,

you know, there's nothing wrong with strapping a couple of

feminine hygiene products to your face.

25 feminine hygiene products is like a hundred face masks.

What?

A hundred.

Yes.

Did you say a hundred face masks?

A hundred face masks.

That's what that's point.

Now, my understanding is if you go, you said a thousand face masks will suck the COVID out of you.

Yes, a thousand will.

Let's just, let me, I want to throw a theory by you.

I'm not a doctor.

Yes.

If you were to put on 5,000 face masks.

Yes, your whole family is safe.

Okay.

Now, let me ask another question.

Okay, all right.

If you were to put on 10,000 face masks, could you bring people back from the dead that died of COVID like Pet Cemetery?

Well, I don't, as a doctor, okay, I don't have this peer-reviewed yet.

You don't have it peer-reviewed, okay?

So I'm just saying, in the studies that I have done,

if they are, if you're wearing 5,000 N95 masks,

can't, you have to be extraordinarily careful when you're walking near graveyards.

Really?

Yes.

Because

people will just wake up and then you'll hear from under the ground, no, I'm still alive.

And you're letting out.

And then

it's really ugly because you don't know who's been killed because they, you know, were supposed to die and,

you know, they were a killer or something like that and they were executed.

Or if they just died on COVID.

Because

if you're wearing the N95,

it saves everybody.

Is it possible this is how The Walking Dead started?

That documentary?

Where people were...

There's a zone.

Well, can I tell you something right now?

The Walking Dead,

yeah.

I mean, you know, when you see the speech.

Your scientific opinion is, yeah.

Yeah.

Okay.

Didn't even write that down for you?

If you wouldn't mind.

Yeah.

You have a prescription you could write?

Yeah, I think, you know, to break it down, yes.

I think so.

Yeah.

the a bit of physical pain involved in this uh in this bit okay

you know I I I wear this in honor of that sweet sweet dear dear sweet spirited man Mitt Romney

who I just think is a leader

who is a genius

and somebody that I really, really respect.

Respect?

Respect.

Can you understand it?

It's a little hard to understand it.

I'm just trying to.

Oh, I wish you could really understand what I'm telling you, but my respect

wrongness.

Do you think that you are a hateful COVID denier that should be thrown off the internet if you're only wearing three masks?

Well, I think definitely under 10.

Under anything under 10.

Under 10, you should...

Well, under 10, thrown off a D platform, you shouldn't be able to use a bank.

No banks, okay.

But if you're, let's say

you're not wearing eight

execution exec I'm sorry execution but a different kind of execution.

I suggest that if you're wearing under eight masks that you were sent to New York and Andrew Cuomo can put you into one of the nursing homes.

Okay.

You just get free lodging at an Andrew Cuomo nursing home.

Yes, and the state will then kill you there, slowly.

It's classy.

Yeah, thank you.

You're welcome.

Okay, enough for the science.

Ow, ow.

It really is.

It hurts your nose.

Oh, hurts.

But it's worth it.

If it just saves one child, isn't it worth it still?

Well, I think it's mostly worth it because both of us have already had COVID, so there would be absolutely no improvement.

Not 90% improvement, 0% improvement, because we can't, you know, we're not going to get it again.

Well, 1,000 has three zeros in it.

If you're wearing a thousand masks, it's three times as better as none.

That's not how it works, Doctor.

No, you don't understand.

No, it's true.

Let me take you a real quick

break and tell you about AMAC.

Knowing on who you can count on has always been a valuable commodity.

For instance, can I trust this thousand mask theory?

Yeah, you can.

Now, did you get it from a reliable source?

Sure, me.

But

what about if I read it, you know, from some organization that does work in Washington?

Huh?

Probably not as reliable, unless it's AMAC.

AMAC

is an association for mature American citizens.

It's a seniors group that has now over 2 million members.

They give you

everything that you need, all the discounts and everything else that you're like, oh my gosh, we're going to go, I don't know, cross the country, and we're going to need AAA and we're going to need discounts on hotels and

whatever people

that are 50 plus.

I don't know what those people do.

But whatever it is those people do, you'll get the discounts.

Shut up, Stu.

You'll get the discounts.

Now, the other thing is they really work in Washington to represent you.

They represent faith, reason,

courage, solvency, you know, for the national debt, sanctity of life.

They have a full-time presence in Washington, and AMAC has been pushing back for years against the radical left's socialist agenda.

I believe they started around the Obama healthcare time.

They are in it for the right reasons.

The benefits are great.

The cause is greater.

It's our freedom.

AMAC, A-M-A-C.us, AMAC.us/slash Beck.

AMAC.us slash Beck.

AMAC is better, better for you, and better for America.

10 seconds, station ID.

You know,

you want to see somebody who's been, I think, red-pilled, maybe.

I don't know if she would say it this way, but Tulsi Gabbard.

What is happening with Tulsi Gabbard?

I'm relatively certain she would not say it that way.

I mean, explain it another way.

I mean, have you seen what she's saying?

She issued a dire warning to the American people on Tuesday, expressing concern, quote, that domestic entities, enemies of the United States in the national security community and big tech industry are plotting to create a police state in America

she said the

CIA director John Brennan and Adam Schiff two leading proponents of expanding national security powers labeling them domestic enemies of the country now is that different than Adam Schiff or is that is Adam Schiff a new guy I need to be aware of no I it's kind of a Adam Schiff Adam Schifty it's kind of just in between I want to remind people that.

And it also,

you know, if you

take the C out and the F's and just move the T closer in, and you'll see that.

No, I can't get it.

You sure you don't even need to go further?

I think you explained it.

Because I can put it out on the chalkboard and really work it out for you if you'd like.

Surprisingly, no, you don't need to go further.

The mob who stormed the Capitol on January 6th to try to stop Congress from carrying out its constitutional responsibilities were behaving like domestic enemies of our country, Gabbard said.

But let's be clear, John Brennan, the Adam Schiffs, and the oligarchs in big tech who are trying to undermine our constitutionally protected rights and turn our country into a police state with KGB-style surveillance are also domestic enemies and much more powerful, therefore dangerous, more dangerous than the mob that stormed the Capitol.

She doesn't.

She doesn't have a prayer in the home.

She just doesn't have a prayer.

I mean, I'm surprised that the helicopters haven't picked her up already to take her to a nice little summer camp.

Yeah.

I mean, look, she has a lot of really far left-wing policies, but she's always been very against that sort of

Clinton establishment type.

She loves America.

That's one thing you can say.

There's one thing you could say.

And that's why, you know, you can have disagreements with people, but

when they actually love America, i couldn't take that from all of these democrats during the um uh the inauguration with all of the flags up there and all of the things and the star-spangled banner and the oh it's pretty there's a tear to my eye no it doesn't

no it doesn't you you've been saying for the last five years how much this country sucks how this flag is a symbol of oppression how the star-spangled banner is a symbol of oppression and a song of oppression.

I mean, I just can't take it.

But I can take differences of opinions easy.

But to at least believe in the Bill of Rights, and I think Tulsi Gabber does.

We've been trying to get her on the show.

For some reason, she doesn't want to come on the show.

That's weird, isn't it?

That is very strange.

I'm shocked by that.

Oh, you know who I have on for the podcast tomorrow?

Oh,

you're going to love this.

If you are a Blaze TV subscriber, you're going to get it two days before anybody else.

Tomorrow, I have the head of the astronomy uh department at harvard his credentials are a mile long who says

uh we've already we've been visited

in 2017 by aliens

and he said uh you know i can make a pretty good case he's got a new book out called extraterrestrials and it's about that remember that that cigar-shaped oh yeah okay uh asteroid?

I got up to like chapter four last night.

He's like, it's not an asteroid, and here's why.

And he explains it.

He explains how it was shiny.

It was like mirror-like or metallic.

And

the way it behaved, he said,

destroys everything we know about the physical universe.

If this indeed is an asteroid or a meteorite or something, it did not behave within

the principles of physics.

And he said, so if

it would be impossible.

Or our physics are wrong.

And he said,

we should have this talk, but nobody wants to talk about it because, you know, oh, right, right, right.

It's an alien ship.

Well, what else is it?

And he's not saying it's an alien ship.

He said, it's the best, easiest explanation, but if it's not, what is it?

And the way he talks about it is phenomenal.

He's going to do a podcast with me tomorrow, and you'll be able to hear that.

Tonight, for Blaze TV subscribers, and also, I think we're putting this on the Blaze TV YouTube channel.

Tonight, I'm going to talk to you about what's happening in the Biden administration and all of these oligarchs and the way they are now structuring

the government.

A recent article in Foreign Affairs written by Samantha Power, yeah, she's back.

President Biden Biden had made her the new head of USAID,

and then he put USAID, that seat, on the National Security Council.

Why?

Here's what she says.

No leader wants it known that he has used his position of power and privilege to help himself and his cronies profit at the expense of citizens.

That's the accidental definition of Joe Biden.

So we started looking into the crony capitalism two weeks ago on Glenn TV, and tonight we're picking that baton back up and we're going to look at more of the deep-pocketed stakeholders from BlackRock and big tech who have unprecedented White House access to further the worldwide agenda that is happening right now in Davos.

It's amazing that the World Economic Forum actually responded to this program yesterday.

I said something on this program yesterday, and from Davos, they tweeted back and they said, That's the Glenbeck is just this isn't right.

Yes, it is, and we explained it in the first hour of this

broadcast today.

Something is very, very wrong, and you need to know about it.

It happens tonight at 9 p.m.

Eastern on blazetv.com/slash Glenn or Blazetv YouTube.

Don't miss it.

Share it with a friend.

This is the Glenback Program.

Steaks.

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I'm thinking.

Children?

A great steak.

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So $15 an hour.

Why only $15 an hour?

I mean, mean, it's like the masks.

You know,

well, if one mask is good, two masks is better.

Why not three?

Why not seven?

Why not 25?

Same thing with

minimum wage.

Why shouldn't the minimum wage be something really living?

And maybe, you know, something that includes like where you could buy a house, maybe like $60,000 a year.

I mean, why don't we just do that?

Why stop at 15?

Brian Riedel is with us.

He's the senior fellow of the Manhattan Institute.

He's a guy who doesn't care who's in office, Republicans or Democrats.

He points out both of them suck when it comes to actually living by the budget.

And we wanted to talk to him about the $15 wage and also how long can we last at these kind of spending limits?

We go to Brian now.

Hi, Brian.

How are you?

I'm great, Glenn.

How are you?

Very good.

By the way, I forgot to mention you are also one of the researchers and co-authors of the book Broke, which was fantastic.

At least they tell me.

It was a great book.

I was honored to have helped in my own little way.

Yeah, thanks, Brian.

Okay, so Brian, let's talk about the $15

wage.

What will that do to the nation?

Well, you know, the Congressional Budget Office said that even if we did it gradually during an economic boom, it would cost between 1.3 and 3.7 million jobs.

Instead, they're talking about doing it during a recession, which means you're going to lose even more.

But that's not even the worst of it.

They would also raise the tipped minimum wage, you know, what waiters and waitresses make, from $2.13 to $15.

So

think of what restaurants are going through right now.

Restaurants are going through their worst crisis in history.

Millions have gone under.

Many others are on the brink of bankruptcy.

and the solution in the stimulus bill is to increase their minimum wage by 600%.

I mean, it is economic malpractice.

So, Brian, explain to people who

don't understand, you know, these big companies, they can afford $15 an hour.

Explain why this cancels their jobs.

Because not only can not all big companies can afford it, you know, profit margins aren't that big.

And especially small businesses really often cannot afford it, especially in low-cost places like Mississippi and Puerto Rico.

They tried raising the minimum wage really high in Puerto Rico about 15 years ago, and it cost something like 40% unemployment.

But here's another point.

Even if companies can afford it, it doesn't mean they will.

Because

companies aren't charities.

If they're going to take a loss on an employee, if that employee is only worth $10 an hour, they're not going to pay them $15, even if they can afford it.

What they're going to do is switch to automation.

And that's why the higher the minimum wage goes, the more likely it is that you're going to walk into a Taco Bell and go up to a little machine and press a lot of buttons in order to get your Big Mac.

I mean, it was the old automat or the old, what is it, Automatic, I think was the restaurant up in New York where you didn't have anybody waiting on you back in the 1930s.

Now there's no one behind the machine to stuff the food in.

Now it will just be a machine.

And we would call that progress anywhere else, but because it's going to put people out of work now,

it's going to be devastating to the economy, especially when you have truck drivers who are going to be the first on the block when automated trucks are everywhere on the highway.

And that's part of the plan.

You know, Andrew Yang has been saying we need universal basic income for all the jobs lost to automation.

Well, they're speeding up the shift to automation by essentially banning all jobs that don't pay $15 an hour.

You're going to put a lot of people out of work.

Then we're going to have to spend a trillion dollars on their universal basic income payment.

So you're going to end up paying for that too.

So

there are places like in New York City, and not today, there are places in New York City where $15

an hour would be reasonable.

You know,

you've got to pay higher if you're living in New York City.

But there are also places all over the country where $15 an hour is quite a haul.

Yeah, this is why $15 is crazy for a national number.

It's not sensitive to local economies and local conditions.

Seattle and San Francisco

can afford it much easier than places like, again, Mississippi or Puerto Rico, where prices are lower, wages are lower.

In Mississippi, the average manufacturing job doesn't even pay $15 an hour.

You know, forget fast food.

Even a manufacturing job doesn't pay that.

And that's why I think that the better solution is to leave minimum wage up to the states.

Some states have been raising their minimum wage.

Some cities have been raising their minimum wage.

Other cities and states with lower costs haven't because

the local elected officials understand a little better the local economic conditions and needs.

A $15 national national floor is bonkers coming out of Washington.

Tell me about Seattle because the initial response was this is going to put the restaurants out of business.

What has happened to Seattle since they put this in?

Seattle

has done a $15 wage and it has slowed down employment certainly.

It hasn't caused an epic crash in the state

but the employment growth over the last couple years certainly slowed down.

There has been somewhat of a shift to automation.

Even the trade-off exists in Seattle.

It hasn't caused a crash, but there has been a definite slowdown in the growth

of a lot of the jobs that are affected by the minimum wage.

So we have, according to President Biden now, a

$11 trillion in new spending over the

decade.

They're no longer looking for the offsets.

He's saying that $3 trillion in new taxes will help offset that.

I mean, we're just printing money, right?

I mean, we're really on

modern monetary theory at this point, right?

Without calling it that?

We are.

In fact, last year when we ran a $3.3 trillion deficit,

two-thirds of that was funded by the Federal Reserve.

It was funded by the printing press.

So we are printing money.

We're not taxing it.

We're not even really borrowing it.

We're funding it out of the printing press.

Right.

And you're right.

I mean, what Biden has proposed is $11 trillion in new spending over the decade.

You know, to put that in context, John Kerry proposed $2 trillion over the decade, 2004.

Obama proposed $1 trillion.

Hillary Clinton proposed $2 trillion.

Then Biden proposed $11 trillion, which shows that although Biden ran as a moderate, Today's Democratic Party has shifted so far to the left that $11 trillion sounded like a moderate

amount.

And by the way, that $11 trillion, that's on top of the baseline deficits of about $15 trillion over the decade.

So really, Biden would have us run total deficits of about $26 trillion over the decade.

Is that number optimistic, too, Brian?

I mean, does that reflect reality, even $26 trillion?

It's optimistic in that those numbers were before the recession.

Wow.

Wow.

And also assumes no interest rate hikes.

Exactly.

These numbers, the scary thing about all these numbers is they assume interest rates stay low forever.

And let me tell you, if interest rates rise one point higher than the Congressional Budget Office assumes, that would add 30 trillion over 30 years.

Oh, my gosh.

Oh, my gosh.

Okay, so wow.

You know, people say, this is not Weimar.

It's not Zimbabwe.

And it's not yet.

You It wasn't Weimar until a certain point.

And then it was like, oh, my gosh, and it's too late.

Any idea

when it becomes too late?

I mean, we are headed, correct me if I'm wrong, we're headed for a Zimbabwe

or a Weimar if we don't stop this at some point, right?

The trends are absolutely unsustainable.

I mean, in total, the Congressional Budget Office proposed $104 trillion in deficits over the next 30 years, even before the recession, even with low interest rates.

$104 trillion over 30 years.

You know, you add in a little interest rate increase.

You add in what we're going through right now.

You could be up to $150 trillion over 30 years.

These numbers are so big it sounds like monopoly money.

And it will be

monopoly money.

Yeah.

At some point,

the system can't hold it up.

And that could be in five years, seven years, ten years.

A lot of it really depends on the bond market.

To the extent that the bond market is lending Washington money, at some point they're going to say, we're going to stop lending you.

We don't think you're good for this.

This is ridiculous.

And you're going to have to pay us twice as high of interest rates to compensate for the risk.

At that point, you get into this vicious circle where Washington has to pay higher interest rates in order to attract lenders, which only makes the borrowing more, which makes them even more nervous, which requires even higher interest rates.

At that point, I think what happens is Washington says, okay, forget finding lenders.

We're just going to use the printing press.

And that's when you start looking like Weimar Germany.

Didn't we already kind of hit this in some ways?

I mean, I think it was over last summer or the summer before we offered bonds and nobody took them.

And the Fed just started buying them.

Yeah, in the short term, we're facing that right now because with deficits $3.3 trillion last year, could be even bigger this year there just isn't enough people buying bonds to pay for that as a matter of fact the number of borrowing we're getting internationally new borrowing has been pretty much zero China and Japan have have not been buying our bonds at all and domestically there just isn't enough savers in order to pay for all this so right now we're facing you know the printing press running it because we can't find three to four trillion dollars a year for for domestic people to lend to us.

Now, hopefully as the recession ends, the deficit goes down to only $1 or $2 trillion a year.

I put only in air quotes.

That'll be a little bit easier to finance,

but it's not sustainable long term to keep borrowing $1, $20,000, $3 trillion a year.

Have you seen what's happening in Davos with a great reset?

I've tried.

Yeah, I know, I know.

Everybody's carrying such a heavy load.

Yesterday, they said all we need is $50 trillion,

and we can do all these things.

$50

trillion.

That sounds like where politics are right now.

You know, a couple of years ago,

I wrote an article that said the Democrats' proposals would cost $42 trillion over 10 years, and people thought I was crazy to use a number that big.

No one would ever propose that.

And now these numbers are old hat.

You know, Green New Deal, Medicare for All, all of this stuff.

We're hearing $5,000 trillion thrown around like they're nothing.

Thank you so much.

Brian, I'd love to have you on again, but I need to take some medicine here before I talk to you again.

Brian, thank you so much.

I appreciate it.

We'll talk again.

I would like to go in a little further on what it means when the dollar starts to lose its value and who really gets hurt.

It's the people who always played by the rules and people who have their money in a savings bank.

Exactly.

All right.

Brian, thank you so much.

Appreciate it.

Brian knows that stuff better than anybody.

I swear, he's a great follow on Twitter at Brian underscore Riedel, I believe it is, R-I-E-D-L.

Great place to go because he's got this stuff, and he's been saying it the whole time.

He was saying it every president going back, even through the year, through Trump, the whole time.

You know, a lot of conservatives haven't focused on the budget here and the debt for a while.

Hopefully, that's going to return here with Biden as president because it's really important.

That is, I mean, that is the one good thing about the Biden administration is at least conservatives will start paying attention to the debt again.

Some people find their faith.

Yeah.

John lives in Kansas.

A few years ago, back injury made it so he was living every single day in pain.

He tried a number of different things to try to make it go away or at least dull it down.

Nothing really worked.

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Even more fortunately, he has good taste in radio shows.

Hello, John.

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Wait a minute.

That wasn't.

By the point that he heard me talk about it, he was living with back pain for years and he had

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So they're keeping the National Guard in Washington, D.C.,

and nobody will explain why.

Yesterday,

we asked the Army Secretary

why are the troops still there?

They referred the Washington Examiner to the FBI.

The FBI declined to respond.

Now,

the acting secretary for the Army, John Whitley, told reporters yesterday in a conference call that what I can tell you is in terms of what the FBI is briefing us, is that there are several upcoming events that we need to be here for.

When pushed on it, he said, we don't engage in intelligence work ourselves.

We rely on federal partners, and particularly the FBI, to provide that information.

After the January 6th Capitol riot, intelligence failures by law enforcement were cited by former Trump Army Secretary Ryan McCarthy.

He said,

you know, we should have been notified of this and had the troops there.

They said, we don't do domestic intelligence.

We don't know.

It's against the law for us to do this.

Whitley said FBI briefings have indicated that an upcoming unlawful First Amendment protected protest could be used by malicious actors to incite more violence.

We're posturing our forces to be able to respond to these threats if they emerge.

So we've got

7,000 guard members that will be there until this weekend, and they're going to keep 5,000 National Guard members at the Capitol until mid-March.

Let's not normalize this.

American military troops on the streets of our nation's capital?

Yeah, can we not normalize this?

I think the people need to demand some answers, and your governor needs to say, what are you doing?

Or I'm pulling them back.

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Friends, I want you to put your hands together and I want you to raise them up over your head and I want you to say thank you, Jesus,

because there is a COVID miracle that is happening all around this great land.

You know, Joe Biden said miracles just don't happen, but we got a Joe Biden COVID miracle right here on our hands, and I want you to recognize that miracle in the next few minutes.

We're going to tell you all about it with a great preacher friend of mine, Mr.

Steve Dace, in 60 seconds.

The Glen Beck program.

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Mr.

Steve Dace is here to

talk to us about

well,

he thinks it's strange that this miraculous turnaround on COVID has happened, but I'd say it is part of the miracle that is Joe Biden.

Welcome, Steve Days.

Morning, guys.

The ride over here, you guys had this thing.

What's that yellow thing in the sky?

I haven't seen that where I'm from in a month and a half.

Yeah.

We have it all the time.

I rolled the window down in the car and I felt like Rusty on, remember the movie Mask?

I felt like Rusty and the sun shining on my face.

It was a miracle.

Yeah.

Indeed.

It is nice here.

It's nice.

So, Steve, let's talk a little bit about the COVID miracle.

We have.

Indeed, you touch the hem of Joe Biden's dementia and look what happens.

Look what happens, right?

People are healed.

New York is opening up.

Yes.

California, yesterday, Gavin Newsom came up and said, hey, all of this stay-at-home stuff.

It's over.

What happened?

Well, they have the worst spike in the country, actually, right now in the state of California.

It is

cynical and it's sinister, and we knew it was coming.

But to watch it unfold in real time is still a sight to behold.

Nevertheless, I mean, if you go back and trace to when Joe Biden was certified

the winner on January the 6th, and if you look at

the series of, well, fortunate events, if you want your life back, that has occurred since then, you cannot do anything but retcon it and trace it back, guys, to the fact that, hey, we're in charge now and lockdowns just aren't politically useful to us anymore.

To me, the most, you mentioned several examples.

There's Gretchen Whitmer in Michigan.

Remember,

I mean, last winter and spring, you couldn't buy seed to work in your yard in Michigan, right?

Okay.

I mean, this is happening all over the country, except if you're in Ohio, governed by the appropriately named Republican Mike DeWine, who seems to be

completely drunk on branch cavity and Kool-Aid.

But in a lot of other places where Democrats just talk the woke game in order to get power, but really it's just because they'd like to be sitting in box seats at their favorite Major League team this summer instead of the Republicans.

Suddenly, they're like, you know what?

We need to reopen this thing.

And the most cynical of them all was one hour after Joe Biden was inaugurated.

The World Health Organization came out and said, stop testing all these asymptomatic people.

Your cycle thresholds for PCR testing, positive tests, are all too high.

You know, the stuff people like us got crushed with our Facebook traffic and demonetized by the quote-unquote Facebook science team for saying all last fall.

Now the World Health Organization is saying it now that Joe Biden is in there.

So, Stu, you know, the opposite argument for the testing.

You know, because I've heard a lot of people say this testing is going to make things look a lot better because the cycle, you know, you run 40 cycles and it picks up things that aren't necessarily there or dead virus, et cetera, et cetera.

Give me the opposing argument.

I'd like to hear you two.

Well, I mean, I don't think that there's an opposing argument to whether you should be able to post what you believe is true.

No, no, no, no, not that.

The actual testing, that it doesn't really change that much.

Well, I mean, like, I guess the argument would be that, you know,

you have the PCR tests, right?

That they run a certain amount of cycles.

And so basically, these are heating cycles that try to manipulate or to magnify the virus, basically, so you can detect it.

Most of them run 30, 40, 50 cycles.

It's a matter of when they get picked up.

There's a certain percentage of those tests that wind up in a late sort of run, right, where they'll be like maybe in the 40th cycle.

The concept is that those tests should be rerun, which is what they were trying to state in this alert.

They've been terrible at communicating things from the very beginning.

And we've been hammering on them from the very beginning to explain these things in a way that people could understand.

You know, if these tests come up and they have, they wind up being, there's a certain percentage chance of false positives if they run in those later cycles.

Now, there's the very low chance of PCR tests, generally speaking, coming out as false positives.

That's typically not the way they work, right?

When you amplify something and you're looking for something very specific, you're not going to see that amplify.

For example, if you had La Lady Gaga song playing really quietly and you turned it up as loud as you can and you kept amplifying it and amplifying it, Lady Gaga would get very loud, right?

You would never detect Barry Manilow in there.

Right.

Right.

That's just not how it works.

However,

if they screw up, which they've done many times, if the testing, if the sample is manipulated or defective in some way, you can have those situations happen.

If If the lab isn't run appropriately, you can have some of these positive tests.

So it is significant.

It's just that the question is whether it, I mean, I don't think you'd make the case.

I mean, I've seen many of Steve's posts where you talk about this is a serious thing and it's killed a lot of people.

The question is, why do we have to deal with these censors who come in?

And every time when you make a point like this, you get thrown off.

And when the World Health Organization comes in and says, yeah, there might be some of these, they don't come back and put you back on

the internet.

You don't put your reputation on it.

I checked my inbox before I came on.

I

don't know if I received anything from the Facebook science team.

Not really, nothing.

And why?

There's no good answers to your question.

See, I thought you were going to raise the point that

if we had a more accurate testing system, you're right that PCR testing is considered the gold standard, but there's always the human element, right?

Yeah.

Meaning, how many times do I look at something and eventually I'll find it if I want, but is that some kind of viral artifact?

Will it actually be something that if someone comes into contact with it, will it still be infectious, right?

Yeah, and that's a huge difference.

And there's no distinctions being drawn there.

There haven't been until, well, an hour after Joe Biden got inaugurated.

Now there are.

But the reason why that's so important to note, because the other argument is, well, if we get rid of all these asymptomatic positives, then you guys always want to talk about how low the IFR is for this, the infection fatality rate, that it's actually just slightly higher than the flu, like Anthony Fauci originally wrote in February in the New England Journal of Medicine.

You guys always talk about that.

Well, if you get rid of all the asymptomatic positives, the IFR rate's going to go way up.

And I agree that it will, but see, but that's different because the strategy from the beginning has been to control this virus by locking down the healthy, locking down the asymptomatic.

Okay.

If we specifically identify who is the most prone to this, then we will do what human societies have been doing since Bible times with outbreaks, isolating the people who are infected or the most vulnerable to being infected.

But the rest of society has to go on.

We have been doing that as a species for thousands of years.

This one time, for reasons only a law knows, we decided to do the exact opposite of that.

It seems like, too, the antigen tests are an interesting part of this battle in that it seems to more accurately identify people with active virus that can affect others.

And that's really the important.

There's two things that are important, right?

Knowing who has had the virus six months ago is important to know how it spread.

And there's a lot of things that

scientists can prove out of that and we can understand the virus better.

But as far as like, should you be able to go into work next Tuesday?

Right.

Like that is like the antigen test seems to do a much better job at that point.

That's what the NFL has been using.

That's what a lot of the college teams used.

And then if you got a positive, they went to the PCR route to verify that.

But even with the National Football League, which you would assume those people have as good a private health insurance as any private industry in the country, they had dozens upon dozens upon dozens of false positives this year.

So let me bring you back because I honestly feel like we're entering the days of Galileo again.

Let me give you two comments that came out of the Davos

speeches yesterday on the great reset from the World Economic Forum.

This one comes from the President of the European Union.

Quote, a new study by the Center for Human Progress demonstrates that fake news spreads six times faster than real news, owed to the fact that fake news does not have the burden of of having to go through the journalistic process of verification of facts.

Therefore, new regulations must be set for social media platforms around the world requiring all news stories and articles to go through a validation process before they're allowed to be published or shared.

This comes from the editor of the Times of London yesterday at the World Economic Forum.

Freedom of speech is a sacred right, but freedom to lie, to mislead, and fool others is not.

If your speech disagrees with science, it is a lie.

If it disagrees with facts, it is a lie.

Lies are not protected by free speech.

Well, maybe not in London, but lies are protected here in the United States.

All speech should be protected and is under the Constitution.

But what caught me here was, Galileo, if you can hear me, if your speech disagrees with science, it's a lie.

Which science?

I mean, one of the things that has been, and I've talked about this with you guys before, the biggest surprise to me since I started pushing back on this last March is I was hesitant to go out in front and push back because I was concerned that it was just going to be the Blaze Breitbart Brigade of

Deplorables against the climate change agenda.

This would just be a proxy for that, right?

What shocked me is how in academic circles there was pushback right away.

How epidemiologists at Oxford pushed back on Imperial College and its doomsday model, like the day after Boris Johnson succumbed to it, how scientists at Stanford, long before I even knew who Scott Atlas was, all right, but but epidemiologists at Stanford, John Ian Edes and others were pushing back on many of these things.

Scientists at Harvard, Yale, Carnegie Mellon.

These are not insignificant places of academia.

Most of these are places that teach people that life came out of nowhere because

proteins and amino acids, amino acids spontaneously combusted one day.

There's 59 genders, right?

They're not on Team Blaze.

Many of these places are.

But even they looked at the models and the science and said that dog won't hunt.

And so one of the great mysteries to me this for the last year has been even within their own academic circles, there have been elite sectors of their own intelligentsia that have called BS on this and have largely just been ignored by our own scientific policy community.

I think maybe we're learning that there's a scientific community and then there's a scientific policy community, if you know what I'm trying to say.

People who then want to weaponize their findings to create certain policy outcomes.

And if you go back to the very first Imperial College model, when I started researching Imperial College, one of their great benefactors is a guy named Jeremy Bentham.

And Jeremy Bentham is a radical climate alarmist.

And if you looked at all of Neil Ferguson's solutions for this, they were all essentially proto-versions of the Green New Deal, right out of Jeremy Jeremy Bentham's, you know, get rid of carbon-based

products fantasy.

I want to play something because what you just talked about, we were warned of.

And I want to play something from history that

is phenomenal that you need to hear because

you are saying exactly the same thing.

And

before it was prophecy, now it is now here, and we're living it.

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let me let me play something uh and and everybody's heard this warning from eisenhower but i want to play the whole thing and steve I'd love to have your comments on this after.

The country is turning into an oligarchy, and we were warned by Eisenhower about this.

Now listen to what he said.

Akin to and largely responsible for the sweeping changes in our industrial military posture has been the technological revolution during recent decades.

In this revolution, research has become central.

It also becomes more formalized, complex, and costly.

A steadily increasing share is conducted for, by, or at the direction of, the federal government.

Today, the solitary inventor, tinkering in his shop, has been overshadowed by task forces of scientists in laboratories and testing fields.

In the same fashion, The Free University, Versity,

historically the fountainhead of free ideas and scientific discovery, has experienced a revolution in the conduct of research.

Partly because of the huge costs involved, a government contract becomes virtually a substitute for intellectual curiosity.

Those are powerful words, but listen, he goes on to talk about the technological revolution having its own family tree.

Listen to this.

The prospect of domination of the nation's scholars by federal employment, project allocations, and the power of money is ever present and is gravely to be regarded.

Yet, in holding scientific research and discovery in respect, as we should,

we must also be alert to the equal and opposite danger that public policy could itself become the captive of a scientific, technological elite.

Now, listen to to the last thing.

He says, this is how it's all going to come together if we don't pay attention, which we didn't.

Listen.

We face a hostile ideology, global in scope, atheistic in character, ruthless in purpose, and insidious in method.

Unhappily, the danger it poses promises to be of indefinite duration.

To meet it successfully, there is call for not so much the emotional and transitory sacrifices of crisis, but rather those which enable us to carry forward steadily, surely, and without complaint, the burdens of a prolonged and complex struggle with liberty, the state.

We have not protected the, because of the military-industrial complex, bleeding into science, science and government, and the private corporations working together on money for money, then having to go to the educational elite.

They're just doing things, giving the government and the complex whatever answer they want.

And it's now being driven by this really hostile ideology, which you're now seeing in the Great Reset and by oligarchs all around the world.

And we've lost our place.

Aaron Ross Powell, you see it in something simply practical that in a lot of these states that were where there were shutdowns, if you had a small or family-owned business, you had to shut down.

You couldn't be, it couldn't, it couldn't be assumed that you could protect your clientele from COVID.

But if it was one of these big box stores with a lot more overhead and a lot more exposure, frankly, it was assumed that they could, and they have been open the entire time.

Those are just some of the practical assumptions that are the result of the belief system he's up against.

And really what we're talking about,

I describe it on my show as a spirit of the age.

It's really a rival religion.

It's almost like a modern babble.

And, you know, just like within Christianity, there's this constant tension.

You know, God is sovereign, but we have free will.

And so we have debated those two dueling tensions within the faith for thousands of years.

They have a tension in their religion as well, which is they believe human nature is not fallen and in need of redemption, that human nature is perfectly fine.

They're Pelagian, as Howley once pointed, Senator Howley described it.

They're Pelagian in nature.

But then at at the same time, they assert, though, that even human nature is basically good and we can chart our own path and make up our own realities and moralities.

But they then say, but you don't know how to wield that basic natural freedom unless you are guided by a higher evolved set of people that can show you how to channel that freedom into the way that we want you to.

And so that's the tension where they believe in that.

That's why we catch them in hypocrisies all the time.

Why can I choose to get an abortion, but I can't choose whether or not to wear a mask, right?

We catch them in those kinds of hypocrisies because abortion is approved by that higher set.

Wearing a mask, you not wearing a mask, not approved by that higher set.

And so it's hypocrisy to us in their worldview, though, from the upside down, the other side of the looking glass, Glenn.

It makes perfect sense.

We approved this.

We didn't approve that.

Steve Dace, you can hear him on his podcast, wherever you get podcasts, and you'll hear him live in about a half an hour on the Blaze Radio Network and Blaze TV.

Make sure you subscribe, Blazetv.com, use the promo code GLEN and save 30%

right now.

This is the Glenn Back program.

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Two weeks ago on TV, we talked about government and private industry coming together in the Biden administration.

We're just getting started.

Now, normally, this is about corruption, and I believe it is still about corruption, but in a very different

way.

Every time our researchers have opened a closet at the Biden White House, another special interest skeleton tumbles out.

Tonight, we're going to look at the major stakeholders who have their tentacles all over the White House and what they really want.

The new Biden administration is already showing America the natural end result that comes from decades of being dominated by special interest groups.

Eventually, you get the government beholden to these groups.

And you can call those groups stakeholders.

These stakeholders have vested interest in the actions and policies of the government.

Now you don't know who is serving who,

where the head of this Hydra really is.

Tonight, you don't want to miss it.

Find out who these stakeholders are, what they want, who they're working with inside the Biden administration.

9 p.m.

Eastern, only on Blazetv.com/slash Glenn.

We ask that you would join us.

We are headed for very, very difficult waters.

And

I wish I could tell you some things, but I am not going to, because it would only make things worse.

We're headed for very difficult waters, and we need your support at blazetv.com/slash Glenn.

Use the promo code Glenn, and you'll save 30%.

Also, you'll see this special tonight at 9 o'clock on Blazetv.com and Blaze TV YouTube.

So make sure you watch it one way or another.

You don't want to miss tonight.

And it's going to tie together several things.

It is very important that you understand and do your homework on the Great Reset.

We have a book coming out.

I'm not sure when we're going to get it out, but it's going to be soon.

We're working on it right now.

But it's a very difficult thing to understand.

You have to really pay attention to what the World Economic Forum is doing because they're very slippery on

the way they phrase things.

They're talking about going from shareholder capitalism to stakeholder capitalism.

Well, who are the stakeholders?

They will always say it's you.

But when the push comes to shove, and they defined it yesterday on a tweet that was tagging me because of it was in response of something I said yesterday that this is an oligarchy in the making.

And

somebody at the World Economic Forum is listening to this program while they're busy in Davos to try to correct any errors.

They said, no, no, no, stakeholder capitalism is not an oligarchy.

It is a partnership with everyone.

The stakeholders are everyone, and the people are represented by their representatives in Washington, D.C.

Well, I haven't felt my representative represented me in a very long time.

And it is a way to get the government into our businesses.

And then you'll have social

and

economic and ecological justice.

that is happening.

Let me give you a few things that happened yesterday in Davos at the World Economic Forum and when they were talking about the new great reset.

We don't want to return to normal.

We don't want COVID to end and for us to return to some form of status quo because it was a status quo that caught us, caused this, and brought us here to our knees.

Those wishing for a return to normal must inherently wish for disease and destruction to return again and for more death in the future.

That's the Secretary General of the OECD.

Let us not delude ourselves.

This is from the Prime Minister of Spain.

There can be no social justice without tax justice, but it is time to go one step farther.

It is not enough to distribute income more fairly through taxation, but to take serious steps to ensure equal distribution of all wealth to all people, all races, and all nations.

Prime Minister of Spain.

This comes from Alan Jope.

He is the CEO of Unilever.

ESG, which is Environmental, Social and Corporate Governments Programs.

ESG programs is now central to how companies interface with investors, shareholders, and the public.

At Unilever, one quarter of executive pay is directly linked to how we perform against social justice and climate issues.

Okay.

Let me give you one more quote.

This is from Klaus Schwab.

He's the guy who's pushing this.

He's the head of the World Economic Forum.

Stakeholder capitalism is a form of capitalism in which companies seek long-term value creation by taking into account the needs of all their stakeholders, including society at large.

They don't seek profits for investors, but rather benefits for themselves and all stakeholders, including employees, customers, and all people.

Unless capitalism can guarantee equality for all people, which it cannot, it's a failed system.

So what are they talking about?

Is this a march to Marxism?

No,

this is worse.

This is worse.

This is something

not new,

but something that the left and the right should be able to come together on.

This is an oligarchy.

Now, let me show you how it ties in to us right now.

Did you hear about President Biden's Made in America executive order?

Sounds great, right?

It aims to force U.S.

government agencies to work closely with U.S.

businesses rather than to pay foreign businesses for goods and services.

Well, that's fantastic, right?

That's Donald Trump could have done that.

I mean, let's buy America.

If the United States government is right in the check, let's have it benefit the United States of America and all of the employees here.

I think we should favor U.S.

businesses.

The U.S.

spends $600 billion every year on contracts.

Let's spend that money here.

Okay, that's probably all you heard in the media.

But now let me show you the fine print.

According to the order, the Biden administration is creating the federal agency called the Made in America Office.

Do you realize what the acronym is?

Made

in America Office.

Sorry, yeah, Made in America office.

So if you take the in out, I'm assuming it's Mao.

Mao.

Okay.

I'm going to refer to this office as Mao.

The office of Mao.

Yes.

One of the purposes of the Mao office is to force other federal departments to spend more of their money on goods and services offered by the U.S.

business, but exceptions are still permitted when appropriate.

But the made, the Mao,

will be led by the director of Made in America office.

It doesn't merely require the federal government to work more closely with U.S.

businesses, listen carefully and tie it together with what I just told you about stakeholder capitalism.

It also mandates the government buy from businesses that promote left-wing goals.

In other words, if you're not a woke business, the federal government may not be able to buy your goods and services.

Why would Unilever

make

social justice part of their CEO compensation.

Because if you're not engaged in social justice and climate change and

critical race theory, you're not going to be able to do business.

Now, this was noted at the very end of the White House official statement about the new department.

This order is deeply intertwined, I'm quoting, with the president's commitment to invest in American manufacturing, including clean energy and critical supply chains, grow good paying union jobs, and advance racial equity.

The federal government should buy from suppliers that are growing the

sectors of the future and treating their workers with dignity and respect.

Yes, half of that is true.

The part about, you know, this is what companies should do, yes.

But they are cloaking what's really happening.

This is right out of the Great Reset playbook.

You use the spending power of government to coerce businesses to pursue the left-wing causes like clean energy or racial equity.

You don't have the right ratios of Hispanics to Asians, for example.

Then the federal government can't do business with you under this policy.

The same can be true for those businesses who don't rely enough on electric vehicles or that profit in some way from CO2 producing energy sources.

or those businesses without enough union workers.

Do you see what's happening?

The government is forcing people into this.

And the big corporations don't care.

They just don't care.

So the language of the order is so vague in the policy section that it could be interpreted to give the new Mao agency the power to deny contracts for virtually any reason.

It reads, quote, the United States government should, whenever possible, procure goods, products, materials, and services from sources that will help American businesses compete in strategic industries and help America's workers thrive.

Wow, that all sounds great.

Unless you know what it really means.

Strategic industries that help America workers thrive could mean just about anything to the Mao director.

It opens the doors to all kinds of crazy policies.

Tonight, I will show you those American corporations, those

coming oligarchs that have their hands all over the Biden administration and how it ties into the great reset.

Tonight, don't miss it on blazetv.com/slash Glenn.

Use the promo code Glenn.

Please tell a friend, this is not Marxism, this is not socialism, this is not communism, it's not state capitalism.

It is stakeholder capitalism.

And stakeholder capitalism, you're only represented in that.

If you're an investor in the company or

your House of Representatives, your congressman, your senator, they'll represent you.

And if the government is fine with it, then you're going to be fine because you have representation.

That is nothing.

Well, let me quote Klaus Schwab.

Capitalism has failed.

No, it hasn't.

But we are on a whole new,

well,

we're entering a brave new world.

What if I was around the TV like an hour before your special?

Was there be anything in particular I could watch?

Not really.

No, not watching.

I think we were on cartoons.

I mean, you're talking about 8 o'clock Eastern?

8 o'clock Eastern.

Blaze TV?

It might be a great time to tune into Blaze TV.

Not really.

I think it's reruns.

Cartoon.

Maybe an old Western.

It's not.

It's Stu Does America.

It's going to be a great episode leading into yours.

No, I don't think so.

I think it's a Western.

Are they not airing my show?

It's a silent Western.

Okay.

What do you have on your show today?

We're going to have to go into

the GameStop thing a little bit, which is going to be

fascinating.

It's like, you know, it's going to cause a massive

pushback from the Democrats on capitalism.

Regulatory.

Wait till you see.

Yeah, that.

And also Biden's executive climate orders and all the craziness going on there so some good stuff yeah good also you i think i think you're gonna be on which i'm excited about until this set this moment matt dillon is gonna be the guest tonight not me

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Welcome to the Glenbeck program.

I want to go over this GameStop thing again.

When the stock was at $2 a share, right?

$2 a share.

These guys on Reddit, they decided that they were going to run this up.

Now, if I did this on national radio, it would be illegal.

You can't say, hey, everybody, let's do do this.

But apparently on Reddit, you can.

Yeah, it's public.

Usually public

openly speaking about your opinion on a stock is fine.

Doing it in private venues is usually not fine.

And secondarily, doing it, FCC has all sorts of laws about how you can do that in a different conversation.

So let's say you invested in the $2 stock when everybody was all.

on Reddit and they're like, hey, let's buy this up.

And the guy,

he invested $50,000.

Yep, his life savings, supposedly.

This guy on Reddit and then started talking about this theory, which has proved to be very, very accurate.

So as of yesterday, it was up to $15 million it was worth.

However, the stock has basically doubled today.

So this is craziness.

Insane.

It is craziness.

You know,

you're putting billionaire hedge fund investors out of business, maybe shutting down.

There's rumors of bankruptcy of this hedge fund.

If this happens, I mean, these guys are not going to be happy and they know a lot of people.

But a few of these guys are going to get very, very wealthy off of it.

I wonder what the repercussions are going to be, not just for them, but when Democrats start saying this can't happen, look at how bad capitalism is.

That's around the corner, too.

Stu will have more on that at 8 o'clock Eastern tonight on Stu Does GameStop.

And

tonight, my Wednesday night special immediately follows 9 p.m.

Eastern Blaze TV.

This This is the Glenn Beck program.