Another $2 Trillion?! | Guest: Mike Lindell | 3/31/20

Hello, America.

Welcome to Tuesday.

We've got a lot to cover today.

We're going to start with some audio from Rachel Maddow, then

Mike Lindell, and Jim Acosta from CNN.

That brings us to a critical question: why is it so many people think that this

may not be real?

It's bizarre to wrestle with the numbers.

We'll do that in one minute.

This is the Glenbeck program.

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All right, I want to start with some

from

some audio first.

Let's go with Mike Lindell.

Mike Lindell, who is going to be my guest on the Saturday podcast this week, he is the guy who started My Pillow.

He is an absolute character.

This guy was a crack addict.

He invented my pillow.

He almost died.

He cleans up his life.

He's got an incredible life story.

And he operates at a very, very high speed.

I've never met anybody quite like Mike Lindell.

And

you will feel the same when you're listening to the podcast this Saturday.

By the way, if you're a Blaze subscriber, thank you.

It comes out on Thursday.

You'll be able to watch it on Thursday.

All right.

Mike yesterday was brought up along with Procter ⁇ Gamble and somebody else.

They're making all of these new products.

So he was thanking the

private companies that are now stepping to the plate to help make ventilators and everything else.

And Mike's company, MyPillow, is now making masks.

And at one point he said, I just, you're mine, Mr.

President.

And he just hijacked the press conference.

And the president just stood behind him and smiled and went, go ahead, Mike, because that's the way Mike is.

Here's what he said.

Now I wrote something off the cuff, if I can read this.

God gave us grace on November 8, 2016 to change the course we were on.

God had been taken out of our schools and lives.

A nation had turned its back on God.

And I encourage you to use this time at home to get to home, to get back in the word, read our Bibles, and spend time with our families.

Our president gave us so much hope where just a few short months ago, we had the best economy, the lowest unemployment, and wages going up.

It was amazing.

With our great president, vice president, and this administration, and all the great people in this country praying daily, we will get through this and get back to a place that's stronger and safer than ever.

All right, so there's Mike.

We're going to talk to him about this moment

in, what, about 90 minutes or so.

He's going to be at

the bottom of our three today.

We're going to talk to him live, and then he's going to be on the podcast on Saturday.

But

the press went crazy for this.

Crazy.

Oh, crazy Mike talking about God.

This is the problem.

This is the problem.

If we are so

lost and we can't even tolerate someone saying, you know what, we should pray more.

If that's just so outlandish, we are lost as a nation because that is what made us great.

You want to make America great again?

Let's go back to remembering God and His true principles.

Now, I'm not talking about religion, I'm talking about God, Franklin's God.

Franklin, when he said there is a God, He'll judge us, so we should serve Him.

And the best way to serve Him is to serve our fellow man.

That's the American religion.

If we could just get back to that and not mock and ridicule what used to be be sacred and still is for millions of Americans.

You know, if we would actually take seriously the call for fast and prayer and everything else, maybe,

maybe we would be

maybe we'd be handling this better.

I don't believe that this is a punishment for God, I think, from God.

I think God is

God's like an electric fence.

You know,

he's telling you right now, there's electricity through that, and don't touch it.

If you touch it, you're going to get shocked because that's just the way electricity works.

He set this system up to work a certain way.

You touch the fence, you're going to get shocked.

I told you not to do it.

It's not a punishment.

You shouldn't have touched the electric fence.

He told you not to.

That's what's happening to us right now, and we're not living certain principles.

And I think we're paying the price for it right now.

So

that's the first place is the media takes Mike Lindell absolutely apart.

But the media is so arrogant that

they don't even realize how far off the beaten path they are.

Let me go to Rachel Maddow.

Here's Rachel Maddow last week talking about how Trump is wrong.

In terms of the happy talk we've had on this front from the federal government, there is no sign that the Navy hospital ships that the president made such a big deal of, the Comfort and the Mercy, there's no sign that they'll be anywhere on site helping out anywhere in the country for weeks yet.

The president said when he announced that those ships would be put into action against the COVID-19 epidemic, he said one of those ships would be operational in New York Harbor by next week.

That's nonsense.

It will not be there next week.

That was last week, and yesterday it arrived.

They had to dredge the river and the harbor to be able to get it in, but somehow or another they got it in.

I'm waiting for the correction and the apology from MSNBC, but it will not come.

Then Jim Acosta talked to the president and

asked the president a question.

Here's what he said.

Go ahead.

Let's give it a shout.

Sir, what do you say to Americans who are upset with you over the way you downplayed this crisis over the last couple of months?

We have it very much under control in this country.

The coronavirus is very much under control in the USA.

It's going to disappear.

It's like a miracle.

It will disappear.

March 4th, we have a very small number of people in this country infected.

March 10th, we're prepared.

We're doing a great job with it.

It will go away.

Just stay calm.

It will go away.

What do you say to Americans who believe that you got this wrong?

And I do want them to stay calm.

And we are doing a great job.

If you look at at those individual statements, they're all true.

Stay calm.

It will go away.

You know it is going away.

And it will go away.

And we're going to have a great victory.

And it's people like you and CNN that say things like that.

It's why people just don't want to listen to CNN anymore.

You could ask a normal question.

The statements I made are, I want to keep the country calm.

I don't want panic in the country.

I could cause panic much better than even you.

I could do much, I would make you look like a minor league player.

But you know what?

I don't want to do that.

I want to have our country be calm and strong and fight and win, and it will go away.

And it is incredible the job that all of these people are doing, putting them all together, the job that they're doing.

I am very proud of the job they're doing, that Mike Pence is doing, that the task force has done, that Honeywell and Procter and Gamble and Mike and all of these people have done.

I'm very proud.

It's almost a miracle, and it is, the way it's all come together.

And instead of asking a nasty, snarky question like that, you should ask a real question.

And I think he's absolutely right.

And so there are people that are asking real questions, and I don't, I mean, we've gone back and forth on this,

and we're going to know the answer in a couple of weeks.

But I don't understand those people who were disappointed yesterday that the president gave in

and is buying into these numbers and why he's closing.

Let me tell you why the president kept things closed.

First of all, the two doctors came in

into the Oval Office on Sunday and laid out these charts on the resolute desk and said, Mr.

President, here are the facts.

Here is the projection of what is coming if we stay the course.

Here are the projections.

If we don't stay the course, here's what we're looking at and best case scenario we're looking at probably a hundred thousand dead maybe two hundred thousand dead in the next week if we in the next two weeks if we stay the course the president saw that and said i don't think there's a choice here there's not and here's why the president didn't want to be arthur newsholm

who is arthur newsholm

Let me take you back to 1918 and the Spanish flu.

It's hard to fathom what the Spanish flu was like.

Remember, this is at a time where microscopes couldn't see viruses.

So you were really talking about an invisible enemy here.

They could, scientists, couldn't see it.

It killed an estimated 20 to 50 million people.

We don't know exactly the number because we couldn't count all of them fast enough.

There wasn't the systems that we have now.

But we do know it killed more than all of the soldiers and civilians killed during World War I.

Now, the Spanish flu.

It came March 1981.

The first thing, it showed up like a seasonal flu.

It was highly contagious.

It was a virulence strain.

The first case was an Army cook in Kansas, and he was hospitalized with 104 fever, and it spread through the camp in

Kansas.

In no time, in a month, 1,100 troops had been hospitalized and 38 died

after pneumonia.

It was an estimated three-quarters of the French military that was infected in the spring of 1918, half of the British troops.

And that wave was not deadly.

That wave was, I mean, not particularly deadly.

That wave was a lot like this wave.

So

symptoms were high fever, it lasted about three days, and it was like the seasonal flu.

So what happened?

Well, it was the summer of 1918.

At the beginning of August, the virus had run its course and everybody said it was over.

It was the calm before the storm.

Somewhere in Europe, a mutated strain of the Spanish flu virus emerged and it had the power to kill healthy young people and old people and middle-aged people.

So from September to November of 1918, the death rate from the Spanish flu went through the roof.

In the United States, 195,000 Americans died from the Spanish flu in just the month of October.

Now, the spread of the Spanish flu

was blamed on the public health officials unwilling to impose quarantine during wartime.

In Britain, the guy who got the name of Dr.

Death, if you will, was Arthur Newsholm.

He knew and had been informed that a full civilian lockdown was the best way to fight the spread of this disease.

And he knew it and he said, I can't.

There's a war going on and we have to have all of the armaments.

We can't stop the war.

And so he said, you can stay home if you want, but everyone who is working on the war, which is almost everybody,

you've got to carry on.

Keep calm and carry on.

Arthur Newsholm is the reason why

this spread way out of control.

That

and the Red Cross refusing to use African-American nurses.

There was a shortage of nurses at the time because most of them were overseas.

Then they started dying, and the Red Cross was still saying, no, we can't have African Americans work on the floor with sick people.

Oh my gosh, you'll get even more sick.

Those are the two reasons.

Well, we're not worried about anybody, you know, their skin color when they're a nurse.

We got that one down.

The president didn't want to be Arthur News Holm.

And he was right to do it.

because, as he said,

the worst thing that could happen is to declare victory like they did in 1918, only to have it come back and be worse.

More in just a second.

And we've got to talk about the Tiger King today.

It's crazy.

Crazy.

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so stew

how do we get past this

This I because I don't understand it.

Do people think that Donald Trump has been duped

Or do people think that Donald Trump would not do anything to keep the economy going?

I'm trying to understand my friends who are really smart for instance Steve Dace He's all over this that we have we have killed the economy for no reason Yeah, I would just I don't think he'd characterize it that way, but yeah, I mean, I know he's

very concerned about the economy and as opposed to this and thinks we just have to factor it into I think the the way we deal with things that are destructive to human life all the time as part of our daily lives.

It's something we have to recognize and he thinks maybe we've overreacted on this one.

Here's where I keep coming and I know that Steve is,

you know, he's aware of this as well.

But the collapse of the healthcare system,

just because of the collapse of the health care system, I believe that would lead to socialized medicine.

We would not have a chance of having privatized medicine if that system collapsed because everybody would say, see,

it's not working.

This is giving us a chance to show the private sector and show what it really can do.

How do you explain to people the collapse of the healthcare system and what that would do?

Just the ramifications of that.

Well, obviously that would be really bad.

You know, one of the, of course, what people don't talk about is the reason we don't have enough hospital beds in the first place is largely because of socialized medicine.

Back when it all, it stems from a law back in the 70s that was passed because first Medicare and Medicaid were passed, and then they were afraid that hospitals would build too many beds because they knew the government

were going to pay for a lot of these procedures.

So the government limits how many beds are available because you have to go and get approval to get new hospital beds because you never know, you might charge the government too much money for unneeded procedures.

It's kind of like that old Barack Obama tonsil

argument he made where, you know, I guess people were just going to be removing tonsils like crazy to screw the government over or something.

And so we have actually lost.

What's that?

The number is

about half a million hospital beds have been lost in this country since 1974,

which is bizarre.

We go in the opposite way.

Yeah, because your population is growing.

And

what's really bizarre about that is

it's almost like

the oil refineries.

We're not building any new oil refineries and haven't since the 1970s.

But it's hospital beds.

Right.

Hospital beds.

Partially, it's because also sort of a victim of capitalism's own success in that there's been so many medical improvements that long hospital stays aren't as necessary as they once were.

So that's also part of the reason.

But generally speaking, this is something that could have been solved by the free market, but it wasn't because the government literally makes you ask them whether you can build a new hospital and put new beds in it.

You have to get their approval.

And you have to designate that a certain community need, quote unquote, needs the hospital.

I think the people, you know, you see a situation like this, and there's a little bit more need than I think the government tried to estimate.

All right, back in just a second.

Pat Gray is going to be joining us.

The Tiger King.

Yes, The Tiger King coming up.

You're listening to Glenn Beck.

There is a short-term T-bill auction going on right now that is terrifying.

The government is selling treasuries like nobody's business, nobody's business.

It is going to devalue the dollar.

It is why there is a shortage of gold.

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Glenn Beck's new book, Arguing with Socialists, is out on April 7th.

You can pre-order it now at amazon.com and Glennbeck.com.

Tomorrow at 9 p.m.

Eastern, our response to the coronavirus has crippled the economy.

Nearly 3.3 billion people now out of work.

But there's one group of Americans who stand to profit off of America's demise.

The incompetence of Donald Trump is on dangerous display.

Glenn Beck argues the stakes are too high.

Americans need to fight together, turn the economic engine back on, and ask what's more dangerous?

The coronavirus or the mainstream media?

America's most dangerous virus, the media.

Tomorrow at 9 p.m.

Eastern, only on Blaze TV.

You don't want to miss that.

Welcome to the program, Glenn Beck, joined now by Stu Bergiere, our executive producer and host of Stu Does America, and Pat Gray, host of his own show, Pat Gray Unleashed.

Hello, Pat.

Hello, Glenn.

Do you remember the couple that ingested the fish tank cleaner

last week?

Yes.

Tell me the story.

Tell me the story the best of your recollection.

Well, because Donald Trump made it sound like

the fish tank cleaner was a cure for the coronavirus, they took it.

They ingested it.

And, of course, it nearly killed him.

That was basically it from the media.

All right.

So now the Washington Free Beacon has found their names.

They established the identities through descriptions in the local news reports.

The pair identified as Gary 68, Wanda61.

Free Beacon is withholding their identities at Wanda's request.

However, the Federal Election Commission records show that Wanda has donated thousands of dollars to Democratic electoral groups and candidates over the last two years, including Hillary Clinton, the Democratic Congressional Campaign Committee, Emily's List, a group that aims to elect pro-choice female candidates.

And in fact,

her most recent donations went in February to a Democratic PACT, the 314 Action Fund, that bills itself Well, I'll tell you what it bills itself as in a minute.

But according to the Free Beacon, Wanda said that she and her husband are both Democrats.

They're not Trump supporters.

They heard about the potential benefits of

chloroquine, an anti-malarial drug, in news reports.

She said, decided at the spur of the moment to try taking it, but reach for the fish tank cleaner in the pantry that contains chloroquine phosphate, a different and deadly form of the chemical.

Oops.

She said, we're not big supporters of Trump, but we did see that they were using it in China and stuff.

And we just made a horrible, tragic mistake.

It was stupid and horrible.

We should have never done it, but it's done now, and I've lost my husband, and my whole life was my husband.

We didn't think it would kill us, we thought it would help us, because that's what we'd been hearing on the news.

We saw Trump on TV, on every channel, and all of his buddies that this was safe, she said.

Trump kept saying it was basically pretty much a cure.

She said,

you shouldn't believe anything that this president says.

By the way, the pact that she donated a lot of money to here recently was the 314 Action Fund that is billed as the

Pro-Science Resistance Group.

Are they resisting science?

Because that would actually fit.

I think they are.

I think they are.

She said, don't believe anything this president says to people.

She's in shock still over her husband's death.

We were having the best day before it happened.

I made him his favorite lunch, grilled steak and asparagus and red potatoes.

We were just having the best Sunday.

And that's when I went and got the chloroquine phosphate.

Which is not what the president was talking about.

No, not at all.

Yeah, he never told anyone to take the fish tank cleaner.

Don't do that.

Right.

Nor did he say it was a cure, even in the right form of it.

He said they were going to test it, and he was hopeful.

Yeah.

Now, you know what's really interesting?

And he also said, talk to your doctor.

Talk to your doctor.

What's interesting is

there's two quotes from her.

First one is from the Washington Free Beacon.

She decided at spur of the moment to try taking it, but reached for the fish tank cleaner, phosphate, blah, blah, blah, different from the chemical.

She said, we weren't big supporters, but we did see that they were using it in China and stuff.

We made a horrible, tragic mistake.

Okay, that's in the Washington Free Beacon.

Here's the interview with NBC.

In the NBC, she said, she said, don't take the president's words.

Oh my gosh, don't take anything he says.

Don't believe anything that the president says and his people.

So

I'm wondering why she didn't say that to the Washington Free Beacon or if she was prompted into that or she's trying to make herself feel less stupid by blaming it on the president of the United States.

I'm going with that.

Yes, I'm going with the latter.

She's trying to make herself feel less stupid.

She also knows who she's talking to when she's talking to them.

I mean, the NDC people are going to be more receptive to the don't listen to anything the president says than the Washington Free Beacon is.

But yeah, I missed the speech where the president said, hey, if you have a fish tank, you know what you ought to do is run over and

grab the cleaner and just ingest it, and then you'll be protected from the coronavirus.

Go ahead and do that.

Well, I mean, like, we all know that you can eat fish, but you don't go to your fish tank and eat the fish out of there.

No, you don't.

You don't just go to fish tank.

Like, there happens to be a similar word that happens to be associated with the fish tank.

That doesn't make it okay to eat.

No, that's true.

General rule.

That's true.

Rule of life.

Yeah.

I mean, if it really is sad.

You know, there's speculation, I know at the beginning of this, or like, it just sounds like she just killed her husband.

And it's like, well, I don't know if there's any evidence of that.

Assuming that everything was on the up and up, it's just, it is a really tragic story of someone who really was a victim of their their own stupidity.

And it is really, really sad.

But, you know, the way that it's, you know, it's just so bizarre coming from a person who is making a big political point out of it.

I can't imagine if I just lost my husband that I'd be sitting here going, like, the American people should not be complaining, listening to this president.

This president is not trustworthy, and I believe you should donate to it.

It just doesn't seem, it seems like a very, it's a very shady story, the whole thing.

Is it not?

It is.

I think it is.

Yeah.

Have you been watching The Tiger King?

I haven't yet.

Yeah, that sounds like something somebody would say that's been watching The Tiger King

because

that thing is insane.

And you find out that, I mean, early on, that

the Tiger King is in jail.

I think we don't really know.

At the beginning, you find out that he's in jail, and it's because he put a hit out on this woman who was trying to shut his tiger camp down.

She's in Florida, and she rescues tigers, and she's putting them in really crappy cages.

I mean, his place is nice compared to hers, and she's like, oh, you can't keep animals in cages.

And she's got them all in these really crappy cages.

Anyway, apparently he was trying to kill her.

But then you find out that her really rich, you know, millionaire husband just disappeared.

And

they've never been able to find the body.

And they say that maybe she killed her husband and fed him to tigers.

It's the craziest what?

You watch this and you're just like, I don't, I...

I've never seen a bigger freak show than

this show.

It is crazy.

Every 10 minutes, you think, okay, can't get worse than this.

10 minutes later, it's much worse than this.

It is, it's, it's Florida times a thousand.

And anybody who's ever lived in Florida understands what I'm saying.

Every crazy story ever that you've ever heard, somehow or another, is connected to Florida.

So, I mean, and there's actual murders going on, and we're making a reality series out of it.

That's the only way to get justice done anymore in this country.

Oh, yeah, yeah.

Look at the here's here's the featured story, the top of the page of the Blaze.

Popularity of Tiger King documentary prompts sheriff to ask for leads in cold case of woman's missing former husband.

I swear it's the only way we do anything anymore.

Like the legal system just sits around and waits for documentaries now.

That's what we do.

We're like, oh, wait, what?

R.

Kelly did what?

Oh, wow.

Look at that documentary.

Let's get him in prison.

Oh, Bill Cosby did what?

Oh, okay.

Now it's time to go after him.

Oh,

making a murderer is the same thing.

Like, you know, this guy had been in jail all this time, and it was this cold, you know, the case had already been decided, and then they had to go back through it and look at it again because the documentary came out.

That's how we do it now.

The true crime, the true crime genre just drives our legal system.

You guys have to just watch at least one episode.

Watch just one episode because you have to meet the Carol woman.

And

the people who are making this are genius

because they're they'll leave in footage of of them

you know at times like they're driving up to meet her for the first time and you just hear one of the cameramen or one of the producers go

well she's dressed appropriately and When you see the camera come on her, it's just like, oh my gosh,

you would not believe that this is as crazy as

what's the group that did Spinal Tap and Best in Show?

Oh, like a Christopher Guest movie or something?

Yeah.

Okay.

It's as crazy as those people.

But that's all maked up.

That's all for comedy.

It has all of those characters in it.

It's insane.

It's insane.

And we were talking about this, too, that it's got to be one of the larger sort of shared cultural events in a long time because, you know, when these things happen.

Yeah.

Like like you have a totally captive audience.

Like when you hit one of these things, when you're the big documentary that everyone's talking about or the big show that everyone's talking about on Netflix, it's already a big thing.

Right.

But now everybody's

watching television.

Like, I mean, everyone is streaming Netflix at the same age.

You have to have 100 million people watch this.

It probably will go back to some of those

TV numbers.

Yep.

Yeah.

Can you imagine if this was happening?

I contend this quarantine could not have happened 15 years ago.

If we all had dial-up.

Before Netflix?

No, yeah, before Netflix and dial-up.

Because

unless Blockbuster was deemed essential,

I mean,

you couldn't have done it.

It would drive you insane.

Well, yeah, that's why we're willing to give up our constitutional rights because we've got Netflix now.

I'll just watch Netflix.

I'm fine.

I'll stay home and watch Netflix.

Right.

Can you imagine how big the actual viewership numbers would be if we we had the four networks, the three networks or four networks,

and just regular television.

How huge the numbers would be.

Now, these Netflix numbers have got to be outrageously huge, and

they don't share them, so we may never know.

Thanks, Pat.

You can get Pat on Pat Gray Unleashed wherever you grab your podcast.

Worth a listen.

You can hear him live on Blaze Radio right before this program as well.

All right.

Mike Lindell is going to be on with us in about an hour and a half.

You don't want to miss it.

He was with the president yesterday.

I want to talk to you a little bit about his company, My Pillow.

I slept with My Pillow last night.

It is the best pillow.

I can't believe I like it.

I really, I mean, I look at it, I pick it up.

If I was buying it in a store, I would never buy it because I'd be like, this is not going to be the pillow I like.

I don't know why.

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Again, I don't know how.

It's like black magic.

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Arguing with Socialists, the new book from Glenn Beck.

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This is the Glenbeck program.

So,

an Australian astrophysicist has been admitted to the hospital.

He was trying to

design a necklace that would sound an alarm on facial contact.

So, if you would touch your face or your hand would come close to your face, your necklace would sound an alarm.

He said, you know,

I don't really have any experience in things like this,

but I had this idea

because I have this part that it would detect magnetic field.

And I thought if I built a circuit, it could detect the magnetic field.

And we wore magnets around our wrists, it would set off an alarm, blah, blah, blah.

However, I accidentally invented a necklace that buzzes continuously unless you touch your face.

So

I had to scrap that idea.

Now I'm quoting.

I had to scrap that idea and I was a bit bored playing with the magnets.

It's the same logic as clipping pegs to your ears.

I clip them to my earlobes and then clip them to my nostril and quote, things went downhill pretty quickly from there.

He said he placed two magnets inside of his nostrils and two on the outside.

When he removed the magnets from the outside of his nose, the two inside just stuck together.

At this point, my partner who works at the hospital was laughing at me.

I was trying to pull them out, but there's a ridge at the bottom of your nose you can't get past.

After struggling trying to get the nostrils, trying to get the magnets out of his nostrils for 20 minutes, quote, I decided to Google the problem.

I found an article about an 11-year-old boy who had the same problem.

The solution he found was more magnets put on the outside to offset the pull from the inside ones.

As I was pulling downward and trying to remove the magnets, they clipped on each other and I lost my grip.

Now those two magnets ended up in my left nostril while the other one was in my right.

At this point, still quoting, I ran out of magnets.

So we got pliers.

But every time I got the pliers close to my nose, my entire nose would shift towards the pliers, and the pliers would stick to the magnet.

Stick to the magnet.

He was admitted to the hospital,

and I think his inventing days are now behind him.

You're listening to Glenn Beck.

Hello, America.

Welcome to the program.

I want to start this hour with a look at America's second Great Depression.

Oh, Glenn, you're going to be, it's going to be so much fun.

Now, it's not that it's not, it has nothing to do with coronavirus or the economic situation at all.

But we're in the throes of it right now, and I'll explain in one minute.

This is the Glenn Beck program.

So, first,

let me spend just a second here on economics.

We have a treasury auction that is going on right now.

And what treasury auctions are is

they auction off our debt into treasury bills.

And

people buy that debt for anywhere from 90, 180 days to 20 years, 30 years.

We cannot sell these treasuries.

Nobody's buying them.

The demand now is so huge from the government.

We have to have money.

And selling these T-bills with less than 1% interest owned to the buyers is helping

the government's coffers.

It's important to remember: the government cannot print money.

That's what the Fed can do.

The Fed is a privately owned bank that

has government-appointed directors

that the the banks choose, by the way.

So, the government can only print debt, and then it raises capital by selling that debt to buyers who expect to be paid back, generally with some interest.

So, the Fed monetizes that debt, they act as a buyer, a private investor, you know, and they take these treasury bills.

And right now, investors are looking for some place to put their money for 90 or 180 days.

And so,

we are just exploding right now in this treasury auction.

We are selling debt like crazy.

All of it will be due again in 180 days.

All right.

So

this is how we're funding our government right now, but only because the stock market is going crazy.

The most recent 30-year government bond auction was March 20th.

It had one buyer, one showed up, and it was the Federal Reserve.

So once we get past this short term, we are in so much trouble because no one wants to buy American debt anymore.

Once that happens, it all falls apart.

Kind of a problem.

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But there's one group of Americans who stand to profit off of America's demise.

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Tomorrow at 9 p.m.

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So I want to talk to you about the Great American Depression, the second American depression during the 1930s we all know about the depression we know that uh we had 30 unemployment it was unlike anything we've ever experienced and during that time people started to question the merits of capitalism and progressives of the era which were proudly socialist, proudly socialist, and proudly, many of them communists, decided that really it was the Soviet system that would provide some answers.

This is before, you know, this is while the New York Times was still hiding all the deaths from

Stalin.

So, membership in the Communist Party grew tenfold during the Great Depression, from 7,000 members in 1929 to 66,000 in 1939.

We didn't elect a communist, but Franklin Roosevelt was clearly a socialist and the biggest socialist we've probably had

maybe up until Barack Obama.

The rise of that in the 1930s is exactly the same without the 30% unemployment.

I have a book coming out next week and

it is one of the most important books I think we have written.

It is Arguing with Socialists and we really did our homework.

We really tried to make this so it was fun to read, easy to read, have all of the answers there.

It's our first all-full four-color book that we have done in probably 10 years, maybe.

And we did it.

We modeled it after Arguing with Idiots because that was so popular and so many people use that.

And the kids that I've heard in the last 10 years that said, I did my reports in schools based on that, and yada, yada, yada, because it has a hundred-page footnotes at the back.

You don't ever have to quote me.

You quote the New York Times, or you quote the socialists, or the communists, or the radicals themselves, because it's all footnoted.

We decided to write this because I believe we are in a second Great Depression.

And again, it has nothing to do

with

unemployment yet.

Look at the pattern.

In the 1930s, socialists or the Communist Party grew tenfold in 10 years.

The Democratic Socialists of America membership grew almost tenfold over the last decade, around 5,000 members in 2009 and 55,000 members today.

Two months ago,

YouGov and the Economist poll found 60% of Democrats under 30 supported either Bernie Sanders or Elizabeth Warren.

Those are socialists.

If you feel relieved that Bernie Sanders' campaign has tanked over the last several weeks, don't feel relieved.

This is the calm before the storm.

He's the old guy.

The new generation is coming.

Bernie is not the vehicle that's going to take socialism fully mainstream, but somebody else will, especially if we have 30% unemployment in this country.

The growing coronavirus, the recession, or the depression will only embolden the socialists.

So why is this, why did this grow without, in one of the most prosperous times in our nation's history?

How did this grow?

Well, nobody talks about it, but it is the pathetic U.S.

history and government education that happens in our nation.

That's not to say that all history classes or all history teachers suck and are pathetic.

There are a lot of, you know, non-Marxist history teachers in public and private education across the U.S., but I don't think they're even getting the right education.

In fact, I know it because of the work we do over at Mercury One.

But typically, just talk about the students, before a student graduates from high school, They might have two years of U.S.

history, one in middle school and one again in high school.

Maybe if they're lucky, they get a year of government, but that's it.

Remarkably, 82% of colleges do not require a single course in U.S.

history

or government.

So you can earn a degree in the United States and you don't have, you can earn a history degree and you don't have to study America and American history.

Ronald Reagan said in his farewell address in 1989, he said, an informed patriotism is what we want and need.

And are we doing a good enough job teaching our children what America is and what she represents in the long history of the world?

We've got to do a better job getting across that America is freedom, freedom of speech, freedom of religion, freedom of enterprise.

And freedom is special and rare.

It's fragile.

It needs protection.

And if we forget what we did, we won't won't know who we are.

I'm warning of the eradication of the American memory that could result ultimately in the erosion of the American spirit.

He's exactly right.

That's why I wrote this book.

Because we have no clue as to who we even are

and what the truth is.

No one's really making the case.

Socialism sucks.

It's not enough.

The embrace of socialism by the Democratic Party is real evidence that this eradication of the American memory is

happening now.

We're not taught to appreciate the Declaration of Independence or the Constitution.

And when we don't know these things, we don't know why we came up with the system that we did.

Which that system, even though it wasn't called socialism at the time, that system was around.

That's what the French tried to do.

That's what our pilgrims tried to do.

It's what the earliest settlers in America tried to do.

When we don't know it,

we can't defend it.

Then we have a half a century of our universities

being run by Marxists, teaching Marxism.

And we call it education, and we're dumb enough to pay for this system.

We pay Marxists to re-educate our children.

It's the craziest thing.

So we have inadequate history.

We have inadequate civics education.

Universities stuff with the priests of progressive communist religion, churning out new disciples every single day.

But there is even

a bigger contributing factor to the Second Great Depression.

And it's a spiritual depression.

It is not economic.

It is the erosion of the traditional family, the lack of purpose, isolation, the diminishing influence of religion.

Something has to fill this void.

Our kids are empty.

And when they are empty, they'll rush to something that gives meaning.

And we saw this in the 20th century.

In the early 20th century, the charismatic prophet of socialism comes around and he leads the youth.

and he leads them even into more despair.

America's spiritual anchor has always been Christianity or the Bible, the God of the Old and New Testament.

And that gave us meaning and identity and purpose.

And if we don't know these things,

Then we get to go find our own truth and our own meaning.

Don't follow your God.

Follow your heart.

How many of us have spent our lifetime following what we wanted to do, only to wake up one morning and realize our life was completely out of control and we just needed to turn it over?

We needed a higher power.

Every alcoholic that is currently sober is because they finally surrendered to not my way, his way.

And the follow your own calling, follow your heart culture,

yields feelings above all else.

No political philosophy caters to feelings more than socialism.

It provides the clear villains, the rich and the corporations.

It provides instant solutions.

We'll knock those villains down by seizing the means of production, wielding the power of taxation.

Forget praying to God about anything.

Just let's get this bill passed.

Just pull the lever for your local socialists.

got a student debt that you just can't do

fine wiped away can't make ends meet with a minimum wage job don't worry here's double the money having apocalyptic nightmares about climate change boom the green new deal is here

But it doesn't work and it doesn't fulfill.

And once you realize that doesn't work, you become more and more angry.

Ever wonder why so many socialists are really angry?

It's because in the absence of God, pressure is put on his replacement to bring fulfillment, and it doesn't happen.

And so, there's got to be somebody standing in the way of making this utopia work.

It's those people over there.

This is how it ends

every

time.

The desperation that youth feel today is real.

It's real.

And we haven't hit real unemployment yet.

It is critical that we know how to argue

against socialism.

It's critical.

Help us get the word out.

My new book comes out next week.

You can order it right now at amazon.com or

wherever you get your books.

Order it now.

Order a couple.

Give one to a friend.

Make sure you give this to your children.

Read it to your children.

Give it to them.

It's like a comic book.

They'll like it.

And we saw with arguing with idiots the impact that it made on the next generation.

We've got to teach them the truth.

Get Arguing with Socialists Now, new book by me out next week in bookstores, but order it now because we ain't going to be hanging out at bookstores next week anyway.

Order it now at Amazon or wherever you buy your books.

So

if you have to sell your home right now, holy cow, you might be afraid of the future.

What does it hold for the housing market?

If I have to sell my house, I'd be sweating bullets.

If I had to, you know, I've got to sell, I've got to move.

As soon as things open up, what happens if there's a collapse?

Am I going to end up upside down in the situation?

Could I recommend that you call my company, RealEstate Agents I Trust.com?

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Call our agents.

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If you're looking to buy or sell a house, you need to know what's coming.

They can't tell you exactly what's coming, but they can get you prepared for whatever we might be facing when we come out of this.

It's realestate agentsitrust.com.

The name says it all, realestate agentsitrust.com.

Let's stop for 10 seconds.

Station ID.

Oh, my gosh.

Stu, have you seen that the Democrats and Nancy Pelosi are already talking about the next stimulus bill?

Aren't they always?

They're always talking about the next one.

When you give them one, they always have another one down the road.

Oh, my gosh.

Yeah.

And they've already been spent.

But how is that possible?

Yeah.

Because, I mean, people don't even have the money from this one yet.

And it's interesting because if you spend $2 trillion,

you think that you're not going to have multiple millions of people

unemployed, right?

I mean, that's the point of this.

Like, we all kind of understand like the government is saying you need to close down your business for this time.

We're all going to stay away from each other and stay home.

So every business is going to go out of business unless we do something.

Okay, so we do something, and then we're still getting multiple millions of people.

I mean, I can't even imagine what's going to happen this Thursday when the weekly numbers come out.

Not going to be pretty.

What do you think they are?

What do you think they're going to be?

I think they're going to be bigger than

last week?

I think they're going to be bigger than last week.

Don't you?

I've not heard any experts talk about this.

Yeah, no, I haven't either.

The point of this bill is that

in theory,

if you're a small business, you don't fire your employees.

Why?

Right.

Well, you have no revenue.

How can you pay them?

Well, the government is supposed to give you, quote-unquote, loans in which you are going to pay your employee.

And now if you pay your employee, they don't have to go on unemployment.

And that loan you've been given gets forgiven.

So that's no longer a loan.

It's just us giving you a bunch of money to pay your employees, which makes some sense in this environment, I suppose.

Wouldn't you like to see the fine print on that one?

Wouldn't you like to see the fine print on that one?

Yeah, we know that with airlines, it means that you can't oppose unions

if you take the money.

If you take the loans, you can't oppose any union effort in the future until you pay it all back.

So there's going to be probably strings attached to it.

It's not going to be pretty.

Oh, yeah.

It's got to be.

Got to be.

Macy's is furloughing 125,000 employees this week.

They said yesterday it's taken a heavy toll on Macy's.

I mean, does Macy's ever return?

I don't know.

I don't know.

I mean, they were really struggling.

That's Macy's, Bloomingdale's, and Blue Mercury.

775,000 stores, 125,000 employees nationwide, all being furloughed.

And they may not come back.

Their first problem is having 775,000 stores and only 125,000 employees.

It's a terrible business model.

Each one of them is running five or six stores.

That's a terrible idea.

No, suck.

775 stores.

125,000.

That's a much better idea.

That's a bad business model.

We can't figure out theft.

People just go in and steal us blind.

Walk out without finding a cashier.

You're listening to Clay Beck.

I wish I could blame it on the drugs, but I can't.

I'm just a bad broadcaster.

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This is the Glenn Beck program.

So I'm

I was just looking up at the

repo market for the Federal Reserve, you know, because that's what I do, so you don't have to.

Last night, the Fed was offering up to $500 billion in liquidity, half a trillion dollars to the banks.

If they didn't have enough money to, you know, to close their doors and open them the next morning,

they would just

loan them

the money overnight.

Only $250 million pledged to the banks.

So $500 billion offered, only $250 million needed by the banks.

That's good news.

But does that mean that the banks are so clogged with cash right now, they literally don't need any?

Or is it that the Fed already owns everything, the treasury bonds and the mortgage-backed CDOs and everything else, and it's willing to accept as collateral from Fed member banks

treasuries?

The Fed's balance sheet, blah, blah, blah.

You don't need to know this.

Here's one thing they just announced.

And help me out, Stu, because this gave me an, oh dear Lord, moment.

Federal Reserve announced the establishment of a temporary FEMA repo facility to help support the smooth functioning of financial markets.

The Federal Reserve on Tuesday announced the establishment of a temporary repurchase agreement facility to foreign and international monetary authorities to help support the smooth functioning of financial markets around the world, including the U.S.

Treasury market,

let's see, including the U.S., Treasury market, and thus maintain the supply of credit to U.S.

households and businesses.

The FEMA repo facility will allow FEMA account holders, which consists of central banks

and other international monetary authorities with accounts accounts at the Federal Reserve of New York to enter into a repurchase agreement with the Federal Reserve.

In these transactions, FEMA account holders

temporarily exchange their U.S.

Treasury securities held with the Federal Reserve for U.S.

dollars, which then can be made available to institutions in their jurisdictions.

This facility should help support the smooth functioning of the U.S.

Treasury market by providing an alternative, a temporary source of the U.S.

dollars other than sales of securities in the open market, blah, blah, blah, blah, blah.

So

wait,

are we buying back our own treasuries now?

Is the Fed going to the central banks around the world and saying, okay, we're going to give you cash, just turn in your treasury and we'll hold your treasury bill?

Is that what's happening?

Are we flooding the entire world with with dollars now and buying back our own treasuries?

We're definitely flooding the whole world with dollars.

I will say I don't fully understand what you just said,

to be honest about it.

It seemed like a very complicated transaction, which is probably why it won't make big news when it probably should.

Yeah.

I'll get back to you on this, but I think this is a really big deal.

I have a feeling this is a really big deal.

Isn't that one of those things that they always said will never happen?

Oh, yeah, of course.

Of course.

Why is the Federal Reserve now?

Are they the bank of all central banks around the world?

Is that what's happening now?

I mean,

does our central bank own all the other central banks?

I mean,

what is happening?

Oof.

Listen, not a problem.

No, there's nothing to worry about.

Money safe, FDIC.

Oh, it's fine.

It's all good.

We've got so much money right now.

You don't have to worry about it.

You'll be using money, dollars.

We have enough for toilet paper soon.

Are you denying

the reality what we have right now, which is a bull market?

You know, I've noticed you haven't even mentioned that since it happened.

You know, we went

the shortest wear market in American history.

Yes.

Really?

We're in a bull market?

We are.

Which is hilarious, because we lost like 30% and then gained back 20.

And then they're like, well, you're in a bull market.

Congratulations.

I'm like, I don't think this doesn't feel like a bull market right now, but apparently it feels like fake money.

Yeah, it feels like fake money.

Yeah,

the people who I, you know, have my money in, you know, the stock market, they're calling me every day.

Glenn,

you're missing the upside.

Yeah.

Yeah, I know.

I know.

Kind of sucks.

Gee, remember when I talked about a melt up?

That this kind of feels like that.

Instead of a meltdown, you have a melt-up where stocks go through the roof.

Remember I said, you know, Dow 40,000

is possible and then it will melt down quickly.

Yeah, that's kind of,

I know, I know.

I'm missing it.

Darn it.

I will say it was in that.

Dow 40,000 does not feel

like it's coming around the corner anytime soon.

Especially.

With this amount of money?

With this amount of money?

Where do you think that money is?

Where do you think all of that money that

the banks got, where do you think they put it?

They put it in the markets.

It's in the markets.

That's what's floating the markets.

I mean, it's not even out really yet, right?

I mean, the idea that it's coming is.

Yeah, well, there was that.

That was before, though.

That was before the bill, right?

The Fed money came from the 60s.

Yeah, I think by a couple of days.

Right around the time of the, you know,

the 4 trillion came right around the same time as the.

These numbers aren't even real numbers.

Like, I feel like when I was a kid, that trillion seemed like a completely made-up number.

Now it's like, ah, every other bill is another couple trillion dollars.

Even the boring ones are trillions of dollars now.

No, this is not even a challenge to get up to the trillions.

We mentioned it the other day.

There was a story that came out that actually mentioned quadrillion as a as a legitimate option, which was something to do with the derivative markets or something.

Yeah, the CDOs, the thing that caused the problem in 2008, the CDOs,

that was, I think, $50 trillion in 2008.

It is now

$250 trillion or a quarter of a quadrillion dollars.

Not a problem.

I got to get something real quick.

I got it.

What could possibly go wrong?

I know that when you just constantly, and it's funny because we've been talking about this, and there's a big section in your book, Arguing with Socialists, that talks about modern monetary theory, which has been kind of this thing that's been tossed around

in nerdy intellectual economist circles for a while, and it's been a big left-wing push recently.

And we've talked about it and analyzed it and said it's not a good idea.

And then now we're just kind of doing it.

We're just going to give it a whirl, see how it goes.

Thank you.

Let's try on that dress and see how it fits because that is really where we are right now.

And we're just trying this whole

different thing.

It's exactly what we're doing.

It's exactly what we're doing.

And I, you know, in the book, we have a whole chapter to modern monetary theory.

And, you know, we're explaining why it's so bad.

Eh, a little late to that.

A little late to that game.

We're already doing it.

Not a problem.

Don't worry about it.

We didn't realize it was all good.

Criticizing the United States of America's economic system when you wrote the chapter, but I guess that's kind of the way it is, you know.

Yeah.

I have to, I, I, last night I

started rereading Lords of Finance,

and this is something that came out around 2008, and I read it at the time, and I

just,

I just have to share some things with you.

The budget deficit in like this, like 1923 in Germany, but budget deficit almost doubled to around $1.5 billion.

To finance this shortfall required the printing of ever-increasing amounts of ever more worthless paper, marks.

In 1922, around a trillion marks of additional currency was issued.

In the first six months of 1923, it was 17 trillion marks.

In the whole course of history, No dog has run after its own tail with the speed of the Reichsbank.

The discredit the Germans throw on their own notes increase even faster than the volumes of notes in circulation.

The effect is greater than the cause.

The tail goes faster than the dog.

They had problems keeping up with paper mills.

Over the next few months,

Germany experienced the single greatest destruction of monetary value in human history.

By August of 1923, the dollar was worth 620,000 marks.

By early November, 630 billion marks to the dollar.

A kilo of butter cost 250 billion.

A kilo of bacon, 180 billion marks.

Blah, blah, blah, blah, blah.

Then it goes into what happened.

How did this happen?

And it talks about

the one official

most responsible for the reckless policy of inflation was none other than Rudolf von Havenstein, the sober and dedicated president of the Reich Bank, who who had disastrously overseen Germany's wartime finances.

Blah, blah, blah, blah, blah.

He decided that he was just going to work, you know, alongside the government, but he hated the government and everything else.

So he found himself in the classic dilemma of the dutiful civil servant.

He's now working for a government which he had little liking, one that was pursuing a social agenda he didn't believe in, and he thought Germany could ill afford.

Worst of all, the government had decided to make its best efforts to pay the Allies' demands, the so-called policy of fulfillment.

Nevertheless, despite these fundamental disagreements, von Havenstein acceded to the government's request and allowed the Reichbank to print money to finance the budget gap.

There's two reasons possible for his motives.

One, he deliberately engineered the whole monetary explosion as a way of destroying the financial fabric of Germany, a collective of self-imulation designed to prove to the Allies that reparations were uncollectible.

Or,

Or

trained as a lawyer, he had learned the banking business during the gold standard era when the rules of monetary policy were dictated by the requirement that the Reichmark be kept convertible to a fixed gold equivalent and completely in the sea, the world not hitched to gold.

Were he to refuse to print the money necessary to finance the deficit, he risked causing a sharp rise in interest rates as the government scrambled to borrow money from every source.

The mass unemployment that would ensue, he believed, would bring on a domestic economic and political crisis, which in Germany's current fragile state might precipitate a real political convolution.

The prominent Hamburg banker Max Warburg, member of the Reichsbark Bank, blah, blah, blah.

Whether one wished to stop the

inflation and trigger the revolution, or do you continue to just print money?

So we are in that exact same scenario right now.

Do we stop the heart or do we print money?

Do you want to be responsible for all the jobs that will be lost and a possible revolution?

Or do you just print money?

The last line in this chapter is: they all believed that something would come that would change the factors and it would save them.

Unfortunately, what came was Adolf Hitler.

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Democratically socialist economies.

Arguing with socialists.

First of all, it's democratic.

The new book from Glenn Beck.

And the other thing, too, is that.

You can pre-order it now on Amazon?

You're listening to Glenn Beck.

Let me go to Leonard, who's listening to us in California.

Hello, Leonard.

Welcome to the Glenn Beck program.

Oh, my gosh, the great Glenn.

Glenn, how are you, Leonard?

Well, I'm in California, Glenn, and you and I have talked about California before.

Yeah, all right.

In fact, Glenn, I don't want to embarrass you, but you owe me.

What do you mean I owe you?

I called in, and you said, based upon what I said, is that California had perfected the denial of due process.

You said, I'm going to have somebody get back to you.

Glenn?

And I never did.

Yeah.

What's going on in this state?

If people understood,

if people in this state looked at it, it's ugly.

And it revolves around regulation.

Yeah, I know.

You know, this time I'm going to say we're not going to call you back, and then we'll surprise you and have somebody call you back.

That way, I can continue this trend.

Leonard, thanks for your phone call.

Rich in Texas.

Hello, Rich.

Yes, hello.

Hi, how are you?

Doing well.

How are you?

Very good.

How can I help you?

Well, I was wondering what is stopping the president or our government from printing the U.S.

note?

U.S.

dollar?

It would be the

Federal Reserve Bill that was passed in, I don't know, 1913 or whenever Woodrow Wilson signed it into law.

Well, because as I understand it, and this is based on a theory I heard last night, that

if you look at a dollar bill now, you see at the top it says Federal Reserve Note, and it has a green stamp, green serial numbers.

And

a U.S.

note would have a red stamp with

red numbers on it.

And there's this theory that Trump is going to be

issuing some kind of

bill or something to

put these dollars back out there.

And for every Federal Reserve dollar that comes back in, they take it out of circulation.

Yeah,

I wouldn't count on that.

And I really hope that our president or Congress or anybody doesn't just start printing new bills.

You're listening to Glenn Beck.

Well, hello, America.

We know that the progressives, the Democrats have been asking for

a third bailout bill.

We haven't even gotten the money out into the system, and they've been planning a third one.

But the president just tweeted

that he would like another bailout bill, but this one he wants

two trillion dollars.

So

his opening is at $2 trillion for the next bailout.

But this one's for critical infrastructure, which I thought we took care of with the $775 under

the Reinvestment Act that Joe Biden was supposed to look at.

Do we not fix those bridges?

Now it's $2 trillion for yet another bailout.

And I'm sure,

I'm sure Nancy Pelosi and the left, they're going to reign that back in.

You know, they're going to be like, hey, hey, hey, let's not be crazy with money.

I'm sure that's not going to easily go up to $3 or $4 trillion.

God help us all.

Our update, coronavirus, in one minute.

This is the Glenbeck program.

Well, it looks like, I don't mean to freak you out, that cyber criminals have discovered a way in the past week to hack into what's called Wi-Fi

and

steal your critical information.

Now, don't panic, but I've heard rumor they're now after toilet paper.

Don't know if that's true.

That may have been actually at one point called money,

your dollars,

but now I think it's, well, it's soon going to be classified as toilet paper.

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Okay,

let's get this coronavirus update.

Total confirmed cases worldwide, 799,995.

That's up from 735 yesterday.

The confirmed deaths worldwide, 38,735.

5% of active cases are still considered serious, requiring hospitalization.

Note that 11% of U.S.

confirmed cases require hospitalization, roughly on par with Italy at 12%.

The U.S.

now has 164,359 confirmed cases and 3,173 deaths.

That is up considerably from yesterday.

We had 2,400 deaths as of this time yesterday.

Less than 0.6%

of the total U.S.

population has been tested.

15% of that 0.6%

of America who have been tested have been diagnosed with COVID-19.

So how did the president make this decision?

Apparently, it was Dr.

Fochie, the chief medical advisor for the Corona Task Force,

and his cohort,

Dr.

Debbie Burks.

They went in, apparently, to the Oval Office on Sunday,

leaned over the resolute desk, and put out all of the papers and showed all of the charts and then just stood there while the president looked at it.

Fauci said, interestingly, we showed him the data.

He looked at the data, got it right away.

It's a pretty clear picture.

Dr.

Debbie Burks and I went in together, leaned over his desk, said, take a look.

The president reportedly looked at them, understood the implications, and shook his head and said, wow, I guess guess we got to do it.

Medically, this is the right decision, and I stand behind it 100%, Fauci said.

From a public health standpoint, we felt strongly that it would have been wrong to pull back at this point, where scientists, physicians, public health officials, we're not economists, were sensitive to the idea that the economy could suffer, but we weigh that against the tens of thousands and hundreds of thousands of Americans' life.

It was blatantly obvious looking at the data that at the end of the day, if we try to push back prematurely, not only would we lose lives, but it would probably hurt the economy as well.

So we would lose on double accounts.

So there was no question as what the right choice was.

Now, Washington, D.C., Virginia, Maryland have now joined the states issuing house arrest orders.

Maryland and Virginia became the latest states on Monday to enact a stay-at-home mandate amid the coronavirus outbreak, except for essential travel for work.

Virginia's order is in effect till June 10th, making it one of the longest statewide mandates implemented so far.

Maryland's penalties for violating its owners are among some of the strictest in the country, including a thousand-dollar fine and up to 30 days in jail for repeat offenders.

Holy cow.

In total, more than 210 million Americans now effectively live under some form of house arrest or shelter-in-place type orders, with another 50 million facing travel or shopping or eating restrictions.

Only six states do not have closed schools.

Healthcare workers now using forklifts to load dead bodies into refrigerated trucks in New York.

Did you see this video, Stu?

Yeah.

This video is really disturbing from

Brooklyn.

It was posted.

Do we have that video?

Can we run that here?

This video is

posted by a guy

in, I think, Brooklyn

who was just walking by and he said, oh my gosh, look at it's this giant 18-wheeler and they are loading dead bodies into it.

It's a refrigerated truck.

And you could see the camera start shaking and he says, I'm sorry, my hands are shaking

because

this is real.

This is no joke.

This is the Brooklyn hospital.

And he said,

this should make you take it seriously.

Now,

can we play the part of Ron Paul where he says this is

not real, I guess?

Can we play this?

I want to hear it for myself.

Well, I think it's blown way out of proportion to the danger.

And it seems that some people benefit from crises like this, people who want more government power and more control over people and want to get big appropriations and get their special deals passed.

And that's that's what's happening now.

Everybody's, it's a grab bag.

So

it's being used

and I don't see it as

a problem dealing with one virus.

I think it's dangerous when people get the virus and they're already sick or elderly and have other conditions.

But I think millions of people probably have had the infection and still do.

But it's used as an excuse by those who have a special interest to use that.

And

I think that that is sad, but hopefully they'll wake up soon and say, well, it wasn't quite as bad as they thought.

And maybe it's a combination of the virus along with another disease or medication or somebody's immune system.

That's the problem.

How much of that do you agree with, Stu?

I mean, he's totally right that they're going to try to exploit the situation

as much as they can.

They've already done it multiple times, and that's certainly going to continue.

$2 trillion infrastructure bill now.

$2 trillion.

This is insane.

Yeah, and that's another one.

That's not the $2 trillion we've already spent or the $2 trillion

for that.

This is a new one that the president, and again, we should point out, this is not how these things end, right?

As you kind of noted, this is the opening offer from the Republican side on a bill is $2 trillion.

They'll go for more.

The Democrats will go for more.

Yeah, I was looking back at

our notes from earlier, and I have this story.

This is a big story at the time.

Chuck Schumer decided

he had to go bold.

This is his quote: We need to go big, bold, urgent federal action to deal with this crisis.

The kind of measures we're putting together will mainline money into the economy and directly into the hands of families that need it.

His proposal was for $750 billion.

That was for the last bill that wound up at $2.2 trillion.

Chuck Schumer was asking for $750 billion, and it ended at $2.2 trillion.

Now we have the Republican side starting at $2 trillion.

What's this one going to end up as?

Can't even imagine what this is going to be.

How do we, we don't, we don't.

How do we, I mean, this is

really concerning.

This is really concerning.

We are,

we have crossed the Rubicon, I think.

There's no accountability anymore.

It's just we're going to spend, spend, spend.

There's really no party that opposes the spending at this point.

I mean, at times in the past, Republicans have voiced opposition to the spending, but they don't even voice it anymore.

The Democrats obviously have always wanted more of it.

So we are going into

an era now that goes far beyond Keynesian economics, but to the point of legitimate modern monetary theory.

I mean, we really are going to this place where whatever we want, we get by printing more money.

Let's see what happens.

People were making fun of Rashida Tlaib a couple weeks ago for saying that she wanted to get two $1 trillion coins to pay for the last bill,

which, again, I don't understand.

Wait.

Wait,

two

$1 trillion coins?

Why not one $2 trillion coin?

I don't know the answer to it.

Well,

I mean, I do.

That's clear.

It's clear.

I mean, you want two buyers.

I mean, the odds of finding one buyer for a trillion-dollar coin

is hard enough.

To find one buyer for a $2 trillion coin, and

you cut down all the bargaining power.

Hey, buy one, get the second one half price.

Oh, yeah, that's it.

All of that stuff.

And I'll say, too, if you go in and try to buy something with it, they're not going to have enough change for a $2 trillion coin, likely in most grocery stores.

Can you break a $2 trillion coin?

And they'll say, no, do you have a $1 trillion?

Oh.

I know.

I don't.

Yeah.

I don't see this is going to be.

Here's the fun part.

The $1 trillion coin is going to be our normal mode of currency.

You're actually bringing to grocery stores very soon if we don't stop doing this.

Yeah.

No, it'll be the one

with George Washington's head on it.

It'll be the quarter, except it'll be etched in by New York prisoners $25 trillion.

I mean, this is, Glenn, this is unbelievable.

I understand we are in the middle of something serious.

I don't downplay it.

I mean, I think we have a couple weeks here to hopefully see.

Most of the models seem to peak the worst of this thing in a couple of weeks.

If that happens, you know, can we reverse it?

And all these things?

I hope so.

But the idea that we can just sit here and just spend our way out of it is not, that's not how this works.

You know, there's not going to be a bridge is not going to solve the coronavirus issue.

You don't, you don't do it by paving roads.

So, so here's, well, here's what the president may be looking at.

Last night,

the Fed came out and said the job loss could be 47 million people,

And unemployment may hit 32%.

Again, I don't.

We just spent $2 trillion to make sure that didn't happen.

Why did we spend the $2 trillion if it were going to like

these, the bill itself, yes, it gives $1,200 to every American in a certain

income bracket.

Everybody knows that part of it because it's the only part anybody's talked about.

But it also offers money to small businesses to pay the salary of your employees, the mortgages of your businesses, all of

the tightly sort of associated costs that would come from your business operating in an environment where you're told you're not allowed to open it.

That's exactly what the bill does for small businesses.

And then larger businesses have resources and big loans and all sorts of things that are guaranteed.

And the loans to small businesses,

if you pocket the money, you have to pay it back.

But if you pay it to your employees and you pay it for mortgage and you pay it for operational expenses, the bill is written in a way that those loans will be forgiven, which, of course, that's not a loan, right?

It's a giveaway with conditions.

That's all supposed to be in here, and it's supposed to protect against exactly what you're talking about.

It's not supposed to go.

Well,

we should know that

this week, shouldn't we?

We'll know more about it.

If we have another really horrible.

I mean, the the problem is, is things like oil.

Do you realize that oil may actually, they may start paying you to buy a barrel of oil?

It may go below zero, the price of oil.

And you would ask, how is that possible?

Because they're not stopping production in Russia or Saudi Arabia.

And so they're running out of places.

to hold it.

That's why your gas is now.

These people who bought the gas even a week ago, they're losing their shirts on the gas.

You know, they're charging 99 cents.

That's not what they paid for it when they pumped it into the ground.

And so they're losing their shirts, but

there's so much gas available, and everybody's pressuring, take the gas, take the oil.

Well, at what price do we stop taking oil because there's no place to put it?

I mean, it is, it's remarkable on what is being done to really, truly, you couldn't design an economic collapse any better than

what we're doing all around the world and what all these countries and all of these huge businesses and governments, you couldn't design it any better than it has been designed so far.

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10 seconds, station ID.

So, Stu, this is why

I watched the Tiger King last night.

Because it's true.

It just makes you feel so much better about everything else.

Because you're like, you think, really?

You think the government's out of control?

Look at these people.

Look at cat people.

That's a good way of doing it.

I think if you can kind of think,

you watch and you kind of put, you know, it's the same thing we were talking about a little earlier, and that you have your ugly friend at the bar with you.

You look more attractive.

This is kind of your version of it, right?

You just sit back and you say, okay, at least I'm not this family.

At least I'm not this family.

I heard you.

I heard you last night describe Cuomo

as the ugly girl that brings an uglier girl to the bar.

Yeah, you bring Bill de Blasio.

And that's why he's doing well.

That's why you look good, you know, because Bill de Blasio is so bad.

And honestly, it applies to Biden, too.

He's bringing the whole crew.

Biden looks like he can't even get through a sentence at this point.

It's getting worse and worse, seemingly by the day with Joe Blasio.

There's something wrong.

There's something wrong.

There's something wrong.

There's something wrong, and they have to note it.

And then Cuomo, who at least, like, his actions have been complete failures, right?

He said, first of all, he mocked de Blasio and said, we're not closing this state down.

There's not going to be any shutdown order.

Three days later, he issued a shutdown order.

He has,

he, his first attempt at handling this was to, if you remember the stunt where he came out and did a press conference, well, we're going to be making New York brand hand sanitizer with our inmates population.

We could do it at a lower cost.

And he went through this whole thing.

And then he was like, he had his hands and he's like rubbing his hands together.

He's like, ooh, it's a very nice lilac scent and hydrangeas.

And then he reaches, in the middle of a pandemic, reaches over and has the guy next to him smell his hands, which is not what you're supposed to do.

A pandemic.

I mean, I know they say don't shake hands.

Also, don't sniff them.

It seems to be obvious.

You know, yeah, that's something that I've never had to say to somebody.

No, I'm not going to sniff your hands.

Right.

I mean,

nobody's ever approached me and went, smell my hands.

No, no, no, no, no.

I don't care who you are.

My mother, nobody.

My wife, no, I'm not smelling your hands.

We may not be a hygienic people, but we have drawn the line there at the very least.

We are hygienic.

You know,

can we go into that story a bit of

the guy from India that says, hey, you guys are really blessed?

I mean, this is really, we are really hygienic.

We are at the top of our game.

We'll have to get to it here in just a second.

But it is a, it's a guy from India who says, hey, by the way, if you're worried about hand sanitizer, count yourself blessed.

If you're worried about, you know, oh, I've got to wash my hands, that means you have clean water.

How many of us in India don't have access to any of the stuff you guys are complaining about right now?

It's truly a remarkable and refreshing look at that.

Also, we have Mike Lindell just back from the White House.

He's on with us next.

You're listening to Glenn Beck.

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Tomorrow at 9 p.m.

Eastern, our response to the coronavirus has crippled the economy.

Nearly 3.3 million people now out of work.

But there's one group of Americans who stand to profit off of America's demise.

The incompetence of Donald Trump is on dangerous display.

Glenn Beck argues the stakes are too high.

Americans need to fight together, turn the economic engine back on, and ask what's more dangerous, the coronavirus or the mainstream media?

America's most dangerous virus, the media.

Tomorrow at 9 p.m.

Eastern, only on Blaze TV.

So yesterday, the president was in the Rose Garden, and he had a bunch of CEOs there.

Procter Gamble, CEO, was there, a lot of people.

And he talked about how they were all pitching in to help.

And the media and Twitter went crazy.

I love this one.

Trump showcasing executives from all these private companies instead of talking about government efforts is a reflection of how little his administration is doing to respond to the coronavirus.

But nothing, nothing

lit the media up and lit social media up like Mike Lindell.

Mike Lindell got up.

He's the guy from My Pillow, and he's retooling his factories to be able to make masks for the hospitals.

That's why he was there.

And when he got up to the microphone, he said, thanks, Mr.

President.

If you don't mind, I'd like to just make a quick statement.

He said, God gave us grace on November 8th, 2016, to change the course we were on.

God's been taken out of our school and out of our laws, out of our lives.

A nation has turned turned its back on God.

I encourage you to use this time at home to get back to the Word, to read our Bibles, bring your families back to God.

I thought it was incredibly brave and not unusual.

Unfortunately, yes, it is in the world of the media.

This is from Ali Velshi from MSNBC.

Trump just called the My Pillow Guy up to the podium in the Rose Garden.

You can't make this stuff up.

James O'Grady, are you effing kidding me?

He had the My Pillow guy on to sell his garbage product during a pandemic briefing.

He wasn't selling anything.

No one fights a pandemic better than or more scientifically than the insane My Pillow guy talking about the Bible.

It went on and on and on.

Mike Lindell is here to

respond and tell us how he's feeling today.

Mike, I thought you were incredibly brave to say what you said because you knew you were going to take a beating for it.

I thought it was eloquent and I thought it was exactly the right thing to do.

Congratulations for doing that, Mike.

Well, thanks.

And then I had just wrote down some notes.

I actually turned to the president because I didn't know if I said, I'm going to say something a little off the cuff here.

And

I didn't, you know, I thought, I didn't think you'd be attacked like that.

I really did.

And, boy, I got, I had over, and then I had over 750 some text messages.

Of course, them were good, but I didn't even know I had that many people.

I had my phone number.

And that was probably,

I mean, people I haven't talked to in 10 years.

So I was answering them till 3 in the morning, but

I went to the bad media sites and seen what was trying to be put out there.

And Glenn, one thing I want to say is I thank everyone out there, even from both sides, because so many people that were on the side, even the media that's saying these horrible things, there are people over there going, you know what, just like you just said, he wasn't selling anything.

And what's wrong with being home with your families?

And that's just his opinion.

And

a lot of it,

this country, like I told the president, I said, you know, Mr.

President,

we were in the Oval Office for about a half hour after that, him and I.

And I said, you know what?

I said, these press briefings are so good because people are seeing who you really are, who you, you know, that you're here in your heart.

And

all this fake news and this crazy attacks out there by the left, I said, I said, I gotta, I said, here's where it's going, though.

And I read him a text I got from a friend of mine who's who's very much a president hater.

And here's what it said.

And I read it to him.

It said, Mike, you know I'm not a big Donald Trump fan, but he said, you know what?

God bless him.

He's doing an incredible job.

He's doing a job of a champion here.

And I think he's growing on me.

And this is what's happening.

I think people are going to quit being brainwashed by this horrible,

crazy media, and they know who they are.

And

then

the public is going to see this amazing job that our president's doing.

But

today I've been getting

interview after interview today, and I'm taking all the bad ones.

I think I'm going on the view tomorrow.

I'm going Washington

this afternoon.

I love it.

I want to go right into the hurricane.

Finally, I get to speak out for Jesus like I want to.

That's great.

That's great.

So, Mike, tell me about your company is doing.

He had you on the stage along with other CEOs

because you're doing something with your company.

Tell me what you're doing.

Well, about two weeks ago, I said, you know what, we got to make masks.

I heard there was a need.

I reached out to the vice president.

He was head of this whole thing.

And I reached out to his office, and they directed me to Peter Navarro, who

texted me right back and then called me.

And he says, we have this thing set up.

It's a coalition.

i called them they were so helpful in finding out specs that i need of these cotton masks and um and then i i had to outsource it you know figure out where i can get the elastic in our country and and uh in the meantime i said you guys we're doing we're going all in and we revamped my one of my factories 200 000 square feet and we put in safety precautions for all my um employees where they're checked at the door and they you know and sanitizer they can take breaks when they want and we went all in by within three days we were up to 10 000 mass training them now i'm running three shifts and we want to get up to 50 000 by the end of the week but one of the things that happened glenn was wait wait wait 50 000 50 000 a day a day or at the end of the week a day no a day a day holy cow

yeah we're very good at we're very good at uh ramping up in my pillow and and using used to big numbers and and i have such an amazing team we we had to move sewing machines apart we had to i did have a very expensive, a die cutter that cuts the fabric.

And one of the specs was they wanted 160 thread counter better.

Mine turns out it was 205 double, so it's 410.

So we overshot the mark.

And so there was a lot of things

that were set up almost perfect for such a time as this for my pillow to get involved.

But one of the things that's happened is I became like a bicycle hub, and I've got a whole team of people.

I have 20 people.

It's like a task force.

We're actually going to put a website up because because we're getting, you know, from all over the country, you know, hey, how can I get involved as a business?

How can I help?

I have five other businesses I dealt with that switched over to getting, sewing these masks.

And they know, you know, I want to say just the few that were there at the White House, there are so many companies out there that are stepping up, and it's just amazing to see that.

You know,

I read one of the guys that said, you know, that he's the fact that the president is showcasing these private industries shows how little his administration is doing.

That is the idea of a free market.

This is exciting and why we always pull ahead in a crisis because the free market is, we don't have to wait for the government to requisition things.

We just do them.

We find a better way to do them and we get it done.

Absolutely.

And I want to tell everyone out there, I went to the White House.

As you know, you know me.

I'm an optimist beyond belief.

I went went to the White House, and first we had a roundtable thing with the vice president, president, and these other companies and myself.

And they're talking about these statistics.

He goes, he says to me, he says, Mike, this one took, they said it would take a year.

They did it in two weeks.

I mean, he's able to take the private sector and the government and say, you know what, this one company called up and they, or one governor called him up and said, hey, hey, I can't, the government's blocking us

the federal.

And he called up up the FDA, and it got approved in two hours that would have taken months.

I mean, this is what he's the best at.

Here's common sense, problem solution, and what it's going to manifest to.

And it's just, no, he's built for that.

I mean, I left there.

I'm more optimistic now than I was.

And for me to go up,

you know, to double my optimism, going, wow, he's going to get us through this.

I can't tell everyone else how amazing the things they're doing.

He is a guy, and I've said this for a long time.

He loves a crisis.

He just loves it.

He lives for that moment of crisis.

He creates chaos through his Twitter feeds and everything because he loves it.

He feasts on it.

This is a real crisis, and you can see

how

he has stabilized all of the other behavior that usually causes the crisis because he is in a real crisis now.

And

he's operating as I think he does when he's building giant you know building projects he can just

take on a whole bunch of different tasks and remain steady how is he appearing to you his

his spirits and and how

is he tired

yeah no no I don't think he tires I mean he's he works more harder than anyone ever I've ever seen you know 20 out of it 20 hours out of a 24-hour day He does have my pillow, so he gets quality sleep.

I'll put a plug in there.

But the,

he, he is, it's like you just said it.

He lives for this.

He knows he's the best at it, and he is like a big guy running an orchestra, all these different silos at the same time, and cutting through the tape to get this done, to get this done.

And it's amazing, and his spirits are good.

You know, he's, I think he's, one thing people don't realize about him is he's a he's an amazing listener.

He takes it all in, and he won't stay right at the thing.

It's like a computer taking into his brain.

And then

God's given him this gift.

He just weighs it, and here's the answer.

And you're going to have a hard time changing my mind once he gives that answer.

You're not going to, he knows it's the right thing.

And just because you've got other people putting their influence in, maybe having their own agenda, once he makes that decision, he's going to get from point A to point B, and there's there's nothing going to stop him.

It's just a matter of how he gets there.

Did you, with the other CEOs, did you guys talk about the economy and

how we're going to turn this thing back on?

Yeah, yeah.

You know, that's what they were, you know, one of the things is, one of the things, the frustrations I got, I brought up.

I said, you know,

you see all these places that are open, like your Walmarts and grocery stores.

And I said,

I was sick.

And when I walk into one and they don't have people at the door, security is saying, hey, put a mask on, use this sanitizer here, or even their own employees within the business.

I set it up in my pillow.

Why not be, why do, why don't they have safety things that they're getting to be open just because they're essential?

These people are, I told the president, I said, down in Oklahoma, a friend of mine's got House of David.

You know, obviously, they're not, it's not considered essential that you have a church open, but yet there's a hardware, or I mean, a car parts store where they're all congregated with no mask the clerks not wearing a mask and what's wrong with that picture I mean and you know we need safe practices for the businesses are there so they can give us confidence you know when when we when we go back to our other the other businesses start open if these aren't doing you know showing safe practices it's just and we did talk about the economy that's what the president right now he's hearing on one hand millions of people would have died here saving lives and he goes he said my first thing is to save lives but he said he said but we've got to get people back to work.

So

we need to get solutions.

And that's what he's weighing.

And that's what we're waiting on now is for the president to, he just keeps taking in input.

When you're seeing these delays, okay, we'll wait and we'll see, you know, we'll push the date off here.

Well, more stuff keeps coming in, more fixes.

And then when it's going to be, I believe a day is coming, the president's going to go, you know what?

We're going to start here.

These things were going to open up here.

He's not going to say nationwide, open it up all at once.

It'll be possible to pulp.

And then, you know.

Mike,

I've got to run him up against the network break.

Thank you so much for what you did yesterday.

Thank you for the masks.

And we'll talk again soon.

Mike Lindell from My Pillow.

And by the way, Mike is my guest on the podcast.

It comes out Thursday night for Blaze subscribers.

You'll hear it Saturday on the podcast.

If you're not a subscriber to the Blaze, it drops in the podcast feed on this Saturday.

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You're listening to Glenn Beck.

So it's interesting to me.

I guess

there's a new study out.

Americans are hoarding cash at the fastest pace since Y2K.

What does it mean hoarding cash?

You mean I

ask for the cash from the bank?

Is that hoarding cash?

I want to have what I own with me.

That's hoarding all of a sudden?

That's crazy.

Exactly what someone who's hoarding cash would say.

That's exactly what you would say.

Exactly right.

Yeah, you got me.

I have this

old juice bottle that's filled with change.

Is that hoarding cash?

I'm curious.

Is that a.

You know what?

I'm beginning to think it might.

I'm beginning to think it might.

They're going to start cracking down on cash.

I mean, God help us.

I feel like

we moved into a new

place here in the last couple of days.

I mean,

it's been coming, but I think financially, I think we're just...

Tomorrow, Stu, we should do something on modern monetary theory.

Okay.

Yeah.

Because I think we're just doing it.

It's just, we're not debating it.

Nobody even knows what it is.

Let's go to work.

I think we're doing it.

Let's see how it works out because we're trying it right now.

We're just printing and spending at a rate that we can't possibly

continue with.

The last chapter of my book is on this modern monetary theory.

And I've been saying, you know, all through, like, can't let this happen.

We're doing it.

By the way, the new book, Arguingly as Socialists, it's out next week.

You can pre-order now, Amazon.com.