Beck: Life Can Wait; Please Self-Quarantine | 3/16/20

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The fusion of entertainment and enlightenment.

We have so much to go over today.

Hello, America.

Let me just start there.

Do you have your toilet paper?

There's more on the way, I hear.

We should stand in line for it.

Hello, America.

Welcome to Monday.

We have a lot to cover.

A lot to cover.

We begin in one minute.

This is the Glenbeck program.

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Hi, Stu.

How was your weekend?

Wonderful.

How was yours?

Oh my gosh.

I

it was mmm.

I can't, you know?

Yeah.

It was that good.

That's good.

It was that good.

We're in separate locations now.

I'm feeling a little disposable here at the studio.

Well, I'm just saying.

I'm just saying.

If you don't have your bunker, I'm, no, I'm, you know what?

I'm, I'm trying to do the right thing.

I'm trying to

separate us all as much as we possibly can.

I'm from home.

Stu is in a studio all by himself, 19,000 square feet.

You know, I think you're probably pretty safe.

And we're trying to just do what the government is asking us to do.

Did you go out or did you quarantine yourself this weekend?

We were largely quarantined.

I mean, there was a trip to the grocery store here and there.

Not too much activity this weekend.

My wife's already going crazy.

And I informed her that we haven't hit one day that the kids were supposed to be at school yet.

We're still in the weekend.

They were supposed to be home this weekend.

Well, I'm just, you know,

there might be some

Homer Simpson

around the throat of the kids.

Yes.

You know, especially if this lasts.

I said to my daughter yesterday, who has two young kids,

I said, she said, wow, it's going to be a long two weeks.

And I said, yeah,

it's going to be an even longer eight.

Yeah.

And she said, what?

And I said, yeah, two weeks is not what this is going to be about.

No.

It's going to be eight weeks.

Yeah.

Like, for example, my kids' school has stopped

anybody coming in for the next two weeks, and they're going to reassess later.

But two weeks is going to be in the middle of like the peak of these numbers going crazy.

Yeah.

There's no way they're going to like let people back in at that point.

Yeah.

I know the CDC limited.

gatherings of 50 people or more, or they're suggesting 50 people or more for the next eight weeks.

So that's a long time.

It's going to be interesting to see how America can react to something like that.

Yeah, yeah, it is.

You know what I discovered this weekend is that there are two Americas.

There are two Americas.

And it's not the right or left

America, not the Democrat, Republican, not the constitutionalist, socialist.

It's really not.

It's really not.

It's the, hey, I've got a brain.

I understand how to use it.

I can read the tea leaves.

I'm responsible not only for myself, but there is something to social responsibility.

There's that America.

And then there's, hey, let's go to the St.

Patrick's Day celebration.

This thing is complete nonsense.

You know what I'm saying?

And by the way,

I think it's time to maybe.

We're going to take a vacation.

We're going to go to South Carolina.

We're going to go on the beaches.

Because the president just gave my kids another week off.

So we have had a week's vacation.

Now, I think that people in both camps hope and perhaps even believe that this pandemic is overblown at this point.

And I think most people believe, it's not going to affect me.

But only one group, only one of those two Americas

is thinking clearly at this point.

If you happen to have the coronavirus, I don't have,

I only drink Guinness.

No coronavirus for me.

If you're sick and you don't know it and you were out last weekend,

I'm not in the air.

I'm only 34 years old.

And because of

34, there's no way it is not going to affect me.

That's totally cool.

That's totally cool.

But could we sober up and just think for a a minute?

If you are one of those people and you were out this weekend and you did without even knowing it, you infected someone else or you were out this weekend and they infected you, that one person, that bastard, I knew he was sick.

That person

will infect 248 people.

One person with the virus, whether they know they have it or not, will infect 248 people.

Now, here's where it gets kind of real.

Hang on.

I might need a drink for this.

Here's where it gets real.

If you have 248 people that you've infected, that means two of the people that you infected will die.

You're starting my Monday morning off with this?

Yeah.

Yeah, I am.

If you go out and you are infected, 248 people will get sick.

Two of them will die.

Now, I don't know about you, but I spent my weekend in both Americas this weekend working on systems that will allow us to run our network with minimal exposure.

In other words, writers and producers are at home, the cameras are as locked down as we can be, talent is at home or in isolated studios.

I was up Friday, Saturday, reading, researching, doing everything I could up until 1 a.m.

and then up at 6.

We readied our isolation rooms.

Did anybody do that?

Did you do that at your house, Stu, this weekend?

Because, you know, you're supposed to do that.

Do you even have an isolation room?

Anybody?

Anybody?

An isolation, like a

man cave?

I'm going to get into it in a minute.

Yeah.

We met as a family.

We did the things we were supposed to do.

We checked on our elderly neighbors.

We went over checklists.

We ordered missing items that we needed online.

We filled gas cans.

We made our children, you know, make sure that our children understood the severity of everything that we were dealing with.

You know, we kind of did that.

And at the very same time, we did something else that I found really fun.

Really, really fun.

It was

listening to stories from friends and family and friends of family online talking about, I'm going to the beach.

It was only one last birthday

party.

It was 24 children and they got together and we brought the grand and everything was fine.

Everybody was fine.

I heard people tell people, my kids just won't stay at home that long.

It hasn't even started yet.

We aren't sick, nor is anybody we know.

I've never been over to China.

I'm not in the age range that is in a danger zone.

I just, I just, you know, I know that they both start with letters that are kind of, you know, south in the alphabet.

One has a Q, one has a V, both kind of not used, so you can confuse me.

You're like, I don't know, it starts with one of them fancy letters we hardly ever use.

Quarantine and vaccine or vacation is not the same thing.

Quarantine is different than vacation.

National emergencies, different.

We don't usually call a national emergency for a vacation.

The stock market is at its most volatile since Hoover was in office.

Now, I just, I, I, I just, I,

may I,

may I point out one thing?

Because I agree with you that the press wants Donald Trump to not be president.

I get it.

I'm with you.

I mean, I saw CNN with what's his name, George Soros' buddy on CNN.

We just played it in the four-minute bus.

Oh, God.

Donald Trump is much more like Kim Jong-un

than

any other person that's leading a country.

I mean, he's taking the tactics of Kim Jong-un.

Shut up.

Shut up.

Kim Jong-un.

What a pile of crap that is.

I can't take the media.

Can't take it.

Now, with that being said, forget the media.

Have you seen what's going on outside?

Do you think that

China, France, Germany, Italy,

England, Ireland, all over the world,

everybody is just doing this to get Donald Trump out of office?

Everybody, everybody stay home.

And Italy,

we want you to bring a little hope.

We want you to all stay at home and

sing to each other outside the windows.

Yeah, sing to each other outside the windows.

That'd be really good.

Do you think they're doing this to get rid of Donald Trump?

Do you think that we want to shut down the global air travel on a whim?

If I hear one thing from people who are like, I cannot believe how long it took me to get through the airport this weekend, you know, I was over and I was vacationing over in Europe.

I get it.

You had a vacation planned.

You went.

And then we get here and we stood in long lines.

Of course, everyone who's an American is coming home.

Did you think that would run smoothly?

It sucks when everybody is not coming home.

All I've been really able to think about all weekend

are my parents.

My friends

who are supposed to go in and get a kidney.

I don't know if they're going to be able to go in and get a kidney.

My daughter,

who is supposed to go in for more brain surgery, I don't know if she's going to be able to go in and have brain surgery.

I highly doubt it.

I don't think they're going to be doing it.

She's going to have to wait.

But those people who cannot wait, what are they going to do?

How about the people who can't see their loved ones who are in a nursing home?

Can you imagine what that is like, not being able to see your parent?

or the elderly who are afraid and alone.

Think of the hospital workers that are feeling the calm before the stone.

How frightened many of them must be, knowing what is coming, knowing that

how am I going to take care of my family?

Am I going to get sick?

Will I have to make the choice to deprive care for somebody so somebody else can live?

Am I going to be in the situation that they're in Italy where we don't have any more resources?

How many people are they going to have to treat that were out?

I don't have the virus

preparing this weekend while they were preparing for overcrowded hospitals eight days in eight days.

They tell us now, and I hope this is not true,

but they tell us in eight days our hospitals are going to be beginning to be overrun.

We'll have medical tents instead of rooms.

The president called for a national day of prayer yesterday.

One America laughed it off.

May have even scoffed.

Most Americans, I don't even think, even paid attention or knew.

I know this audience, and we may disagree from time to time, but you're good.

You are a good, good

person.

Even though the National Day of Prayer was yesterday, may I suggest that we pray that it isn't too late for us to ask for his help, healing, and comfort in the next few weeks.

This is not

something

that most of us are going to have to worry about when it comes to dying.

We have to be responsible

because we're not living in a dictatorship.

And unless you want to live in a dictatorship, unless you want the government to tell you what you can and cannot do, we must be responsible.

It's time to grow up, America.

Because I honestly,

I know why I'm so optimistic on this.

And it has been, it's been crippling this weekend for me

because I see the other hand, what the other hand, what the other shoe is.

And I want to get into that here in just a few minutes.

I'm also going to give you the things that you need to do and you need to know.

But I want to also take you through

what doctors are saying here in America, the warnings.

How many times do we have to read the warnings from

Italians who are saying, Hey, don't be stupid like we were just 10 days ago?

We thought this was nonsense.

Please don't be stupid.

We have to listen to those voices, it's not going to kill us all.

But remember, one sick person, one will infect 248.

One sick person will be responsible for the deaths of two.

Don't risk it.

Don't be that person.

Don't be that person who's one of the 248, and God forbid, you're one of the two.

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Then you fought three little old ladies to the death over the last package of toilet paper, which you spent another hour defending as you made your way to the front counter.

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10 seconds, station ID.

I got this from a doctor friend of mine.

Hi, everybody.

I can't possibly stress this enough.

People are not following the social distancing recommendation.

My kids are

annoyed that I won't let them spend time with friends.

Many of their friends are still going out.

Many intelligent adults, I know, are still going out to eat, to movies, to shopping, visiting one another.

The virus is not a joke.

It doubles rapidly.

All it takes is one person out there interacting, one person.

By the time they're sick, they've exposed two others.

They infect two more.

In a short period of time, two is four, then eight, sixteen, thirty-two, sixty-four, one twenty-eight, and two, forty-eight.

Terrifying.

The birthday parties can wait.

The play dates need to stop immediately.

I got an email from

my

wife this weekend.

She says she knows somebody that is going out and they play, I don't know, it was Canasta or Pinochle or something.

And it's this group of like eight old women.

And the youngest is like 65.

The oldest is in the 90s, in their 90s.

And one of them wrote, I don't think we should get together for our card game this week.

No.

But that wasn't the decision, I think, from everybody else.

Everybody else was like, oh, no, it's fine.

No, it's not fine.

Can you stop this?

We're all in this together.

What is it?

What is it that is going to make people get this?

What is it?

Do you want...

Did you hear about Chicago, Stu?

The mayor of Chicago came out last weekend, or last Friday, I think, Thursday or Friday, and said, okay, everybody,

you got to stay home in bars and restaurants, move the tables apart, you know,

cut your capacity in half.

So if you could have, you know, 100 people in the bar, maybe it's only, you know, 50 people this weekend.

Nobody did it.

Nobody was cutting back.

Everybody was out.

It's St.

Patrick's Day.

You know about the snakes and these.

Did you know that just last week in Ireland?

True story.

In Ireland, just last week, the very first person died

from a snake bite.

First time it's happened in history.

So what does he do?

Because everybody was out,

he then comes out yesterday and says, okay, well, the time for a nice, friendly ask is over.

We're shutting everything down.

Oh,

okay.

Well, wait until until you hear what other towns in Illinois are now thinking they have a right to do.

And

the real danger,

the thing that we should be talking about, all coming up.

I hit that at the top of next hour.

Don't miss it.

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So interest rates are, what are they, Stu, are they at zero yet?

As close as they can get without being zero, yes.

0.25% interest rates.

How'd you like to refinance?

You know, I'm now at the point where I'm like, maybe I refinance and get the bank to pay me for taking out that loan because that's what's coming.

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How do negative interest rates work?

I know, right?

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Well, just in the commercial break,

something happened.

The Dow opened and the Dow closed.

We are already down, what, 9%?

9.7%,

2,250 points in the Dow in the last three minutes.

And so trading has halted.

If you remember this from last week, twice, the first two times that it happened, this would be the third time and now two weeks where they have this circuit breaker situation with the SP 500.

If it's down 7%,

trading turns off for 15 minutes.

If it goes down another 6%,

it

turns off for another 15 minutes.

And if it goes down another 7% after that, it turns off for the day.

That'd be 20% down.

I'm part of that.

I took everything out of the stock market last night.

So I am part of that.

Well, I mean, I will

this morning, really, right?

If my.

Pardon me?

Well, last night, I mean, I don't know what your situation is.

I know there are people

that do future.

Yes.

Go ahead.

I was going to say, there are people who, I mean, like, I don't have any ability to trade stocks in the middle of the night off the market.

Maybe you do I mean seriously obviously no I called no no no no no no no yes you can you can trade in the middle of the night I called my broker last night and I said first thing so hopefully I'm in this first wave right right I don't know how long it's going to take him but

hopefully I'm in that first wave.

Yeah, you can place

those orders overnight.

I mean, obviously there are people at higher levels that do all sorts of different things.

They have futures that are traded.

I just don't.

I mean, I don't.

I'm like,

no, I'm a regular thing.

Yeah.

No, I get the regular thing too.

But I will tell you why I did it.

And

you really need to pay attention to this coming up in about 25 minutes from now.

This is the thing.

When this hit me this weekend, because something bothered me in the president's speech,

I think it was from the Oval.

And he said something, and I was like, wow, that's weird.

Why would he say that?

Well, I figured it out this weekend.

And

I'll give you that at the top of the hour.

Please, please pay attention to what is happening.

Welcome to Pat Gray from Pat Gray Unleashed.

Thank you.

You know, I was just talking, Pat, about Chicago and how Chicago said, you know what, we're just going to close things down.

And

a lot of towns are doing that.

But Champaign, Illinois is really taking it to a new level.

Yeah, they really are.

The mayor of Champaign, Illinois gave herself the power to ban the sale of guns and alcohol after declaring a citywide emergency.

So, the citywide emergency kicked in the municipal code, and that includes the extraordinary power for the mayor to do pretty much whatever she wants.

She can take possession of private property.

She can,

yes, she can.

She can cut off access to individuals' gas, water, or electricity.

She can ban the sale of guns, ammo, alcohol, and gasoline.

I'm wondering where she gets these powers.

In the municipal code, which has got to be unconstitutional.

That can't be a reason.

That's not how any of this works.

No.

You've got to be able to challenge this and say, no.

We have something called

the Constitution, which should prohibit

the municipal order.

Yeah, the Constitution, remember, regulates what the federal government can do, not what the states and local government can do.

Right, but it prohibits the states and local government from doing certain things.

Yes.

Yes.

It does circumvent municipal laws like this.

In other words, you can't violate the Constitution locally.

Really?

Yeah.

You think just because of the Constitution, we somehow or another cannot just take people's property.

Yeah.

Especially guns would be one of the hardest things to take.

May I just give you some advice here?

As a recovering alcoholic,

buy alcohol now.

And I'm not saying because, oh, Glenn's saying it can be partered or no.

I'm saying you're going to need those blackouts.

You got your kids home.

I guarantee you for the next eight weeks.

Guarantee you.

They're going to be home for the next eight weeks.

Easy.

You are going to need more alcohol than you purchased.

Whatever it is you purchased, you need

more.

Not enough.

I don't even understand this thing where they're like, oh, you got to stay out of the bars.

It's like, you guys realize you can drink at home, right?

Like all the problems with.

Why go to to the bar?

Yeah, like you said, the annoying part about drinking is you're like bumping into people and people spilling things on you.

You get to sit right on the couch and watch Netflix hammered.

I hated all those drunk people.

There's no reason to go.

I mean, sure, you might say only alcoholics drink alone.

Not in the time of a quarantine.

There's another loophole for you.

I was, I thought I'd be an alcoholic if I was drinking alone, but I'm drinking morning till night alone.

But I am quarantined now.

So

alcoholics don't care.

Ask a question at this point that

seems sort of obvious.

Okay.

How stupid do those preppers look right now?

A bunch of marunts.

Oh, my gosh.

Oh, man.

Do they look like morons?

Oh, I'm going to get prepared for some kind of emergency.

He is

morons.

Can I tell you something?

I can't tell you how relaxed my family has been.

We've been like, okay, we got to do this.

We got to do that.

All right, we got it.

Well, you have to have these.

Yeah, we got that.

I mean, it's,

if you've been paying attention and you've been prepping,

you know what I've been saying for the longest time.

The peace of mind that you will have

is so great.

All I've had to

write.

All I've had to worry about are, you know, hey, how do we get the network on the air in case there's nobody there?

How do we, you know, how do we do these things?

How do we make sure that all of the guns are loaded?

So when the people are like, I was at a St.

Heatrick's Day party and I just missed this somehow or another.

Do we have enough ammunition for those people?

I'll say, too, like, there's been a lot of overblown stuff, I think, on how crazy it's been at these stores.

We all know this is going to get worse, and we've talked about this for weeks, but just because of the numbers and the way they're going to work, it's going to look a lot worse, and it's going to be worse over the next few weeks.

But, like, I, you know, I went to the store this weekend, uh, you know, yes, there are there are incidents of people fighting in the stores, just like Black Friday.

There are, there are ridiculous toilet paper outages in certain places.

When I went to the store this weekend, there were certain things that were, there were very specific, um, limited supplies of things.

There was less water than there would have normally been.

There was less toilet paper.

There's some of those things.

But they're going to waste things.

Did you claw anybody's eye out for it?

What's that?

Did you claw anybody's eye out for it?

I mean, there's blood still under my fingernails, sure.

All right, all right.

Obviously.

The point is, there was still tons of stuff in the store.

And there's going to be more tomorrow.

Yeah.

Or the day after.

They are focused very heavily, Trump is too, on making sure these grocery stores are going to be restocked.

And that's important.

It doesn't mean you need to go in there and buy every single thing that you see, but I will say that there are still tons in the stores.

May I just ask this question?

What part of Amazon.com can we not spell?

I mean, when you make it easier,

we got to go out to the store.

The president is telling us, stay inside, stay inside.

But we need food.

How else could we possibly get food?

I've got to claw somebody's eyes out in a crowd in the grocery store.

I just like to point out Amazon.com is delivering, you know, it's right there.

They deliver it right to your door.

Yeah, yeah, shut up.

How are we going to get the toilet paper, that one last roll that's on that shelf at the Kroger?

I again like to, shut up, will you?

We're trying to talk over here.

I don't understand

how this, how we're missing Amazon.

My wife said to me on Saturday, I got to go to the store because I have to, I said, honey,

didn't we just say that we weren't going to go to store?

Yeah, I know, but I have to get some things.

I'd like to point out Amazon.com.

I guess you can do groceries are not.

There's also Instacart, which I've used before for grocery delivery, which is kind of nice.

There's a bunch of services that will do this type of thing for you.

But it does feel like people aren't used to ordering milk online.

Like, that's not a normal thing people are used to doing.

So it is out of the norm, but you can do it.

There are plenty of places that will deliver deliver all that stuff.

Yeah, I don't mean the milk, because I wasn't even, it wasn't even milk.

It was like, I need some more pasta.

Okay,

yeah, you're you might pay more for it right now online, um, but yeah, there wasn't a lot.

Pasta was definitely one of the things that had been cleared out.

It's the type of thing, I feel like I've had the same box of pasta on my shelf for the last 14 years, so I feel like people just are like, yeah,

you're gonna get pasta is gonna be around even if you don't use it right away.

And hopefully, we will all be looking at boxes of pasta and toilet paper that we purchased.

Remember this?

Ah, this was the great pasta scare of 2020.

Hopefully we won't need all of this stuff.

But you do have to recognize that this is the last week that this is probably going to be funny.

This is going to be the last week where people are still arguing, oh, that's nothing.

Oh,

it's nothing but a hype.

This is going to be the last week I think of that.

Yeah, well, the numbers went from 2,900 last night when I went to bed and they were saying 3,700 plus now.

Yeah, that's pretty quick.

Well, yeah, that's really fast.

There's a New York Times

breakdown of all these numbers, and I, you know, I check it, you know, a couple of times a day just to see how they're going.

And they've had this chart at the bottom, which compares world cases versus Chinese cases.

Yeah.

And so the chart every day looks like basically the Chinese cases go way up to the top of the chart and they've started to flatten out as we've covered.

And then the other side was this line very close to the bottom that just started to curve up a little bit.

Went to bed last night, and it had gone all the way up to halfway up the chart, halfway up to the Chinese cases, which, you know, and it's sloping almost directly straight up.

Got up this morning, it's past China.

It's now past

more cases outside of China than there were in the rest of China.

What, 25 or 30,000 in Italy alone and 368 deaths yesterday.

Yesterday.

Alone.

So listen to this.

I just said this.

It just said this, what, a few weeks ago.

We're about 50 days behind China.

All right.

If it's true, let's compare what China was doing 50 days ago.

40 days ago.

They were welding people into their house, weren't they?

Not yet.

Not yet.

Nope.

Coronavirus, these are the headlines.

These are the headlines 48 days ago.

Coronavirus death toll climbs to 106 cases.

What is the death toll here in America today?

68, I think.

Okay, death toll climbs to 106 and cases near 4,500 as China emits a shortage of medical supplies.

Today, we will probably hit 4,500.

Hong Kong medical workers draw sticks to decide who works in the quarantine wards.

Villages start to build walls and checkpoints to stop outsiders spreading infection.

Buses are not running in China's biggest steel town.

Is Is gold heading to 2,000?

Prices surge on global fear.

Asian stocks tumble as China virus worries deepen.

Corona beer virus searches suddenly spike on Google after

and when again is St.

Patrick's Day.

So 4,500 infections is probably where we're going to be today by the end of the day.

But in positive news, now remember, we're 50 days behind.

So here are the headlines from today in China.

Parks and

tourist attractions reopen in China as it gets back on its feet.

China records 16 infections.

12 are imported from travelers outside of China.

So if we follow the same timeline, we're at the beginning of that China.

This is the ramp almost straight up.

We're there this week.

And which will mean that we're going to understand it a week from now.

We are two weeks behind Italy, where Italy is now saying to us, hey, two weeks ago, we thought this was a joke.

Please, America and the rest of the world, don't laugh this off.

We're freaked out of our minds now.

So we're in that slope.

So if you follow the same timeline, it means we're about 50 days from Disney getting

ready to reopen and maybe talking about sports getting restarted and things getting back to normal.

But we are 50 days approximately behind China.

All right.

Thank you, Pat.

By the way, you can hear Pat Gray, Pat Gray Unleashed, wherever you get your podcast.

You're going to be binging lots of shows.

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You're listening to Glenn Beck.

Welcome to the Glenn Beck program.

I want to talk to you

without any fear or panic or anything else about the stories that no one is really paying attention to, and that is the stock market.

We're all looking at the stock market and we're going, oh, gee, it's really not doing well.

Yeah, but there's some underlying underlying things that nobody is telling you about

because it would be irresponsible to tell the American people about it.

You tell the American people, what are they going to do?

They're going to freak out.

No, they'll freak out if you don't tell them what's really going on.

I have been telling you for a while, I've been struggling with this coronavirus story, and I think I know now why.

Coronavirus is not the thing to worry about.

We're going to get through this.

It's going to be painful.

It's going to to be ugly, but we're going to get through it.

And

you prepare yourself for living in your home and being in, you know, some sort of weird quarantine kind of situation in America that you don't really recognize for the next eight weeks.

But something else is

eating at us underneath.

And

this

will not pass quickly and could change everything.

We are now down

about 10%

in the stock market.

We've already closed the market once.

Are we going to close it again today?

Perhaps.

What can the government do?

Well,

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The fusion

of entertainment and enlightenment.

Hello, America.

Welcome to the program.

You know, there's been something about this coronavirus thing that has bothered me a great deal.

Same things that I've been saying to you, if you've been listening to me for the last couple of weeks, that it just doesn't seem right.

I'm not freaked out by it.

And normally I'd be the first freaked out by something like this.

So what's really going on?

Well, the other shoe is beginning to fall and I want to explain it to you.

And it all kind of came together last night.

Something that you're not going to hear anyplace else, I promise you that.

When we come back in one minute, this is the Glenbeck program.

So I want to talk to you a little bit about David.

He lives in Pennsylvania, and for years he has suffered from almost constant pain in his right shoulder and his right foot.

And pain like that, when it gets a hold of you and won't let up even for a little bit, I mean, it makes life really hard to bear sometimes.

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He heard of Relief Factor on the radio and he told himself he's going to give it a month.

The results blew him away.

The pain was gone.

He found it so unbelievable that he actually stopped taking it.

Sure enough, the pain came right back.

I love David.

You are my favorite kind of person because that's exactly what I do.

Well, it can't be this.

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We are down now in the stock market about 10% today.

I hope my stocks are part of that 10%

because

last night

Some things came together for me.

And

if you are looking at at the stock market, if you are looking at conventional wisdom, it will always tell you, do not draw your money out.

Four weeks ago, I said to my wife, honey, I want to pull the money out of the stock market.

And I've done it before.

And we have lost money because

we've pulled money out and something didn't happen.

It was just a temporary thing.

But I can't stop from hearing my grandfather's voice.

My grandfather lived through the Great Depression, and anybody who had grandparents that lived through the Great Depression, you knew a couple of things.

Don't waste food.

Don't waste anything.

What do you mean you're going to throw that pair of pants away or that shirt?

No, give it to me.

I'll mend it.

They learned things, and I want you to really understand this.

If you don't know somebody who grew up in the Great Depression, you won't be able to relate to this because there's no one like this in America anymore.

They were so spooked by the Great Depression, they still saved all of their scraps, they still saved all of their wrapping paper on Christmas.

They did everything.

Save, save, save, save, save, because, quote, you don't know what it was like and it can come back.

And I remember my grandfather saying all the time: those people who had money in the Depression, those people who made money in the depression, are the ones who didn't lose it in the stock market.

And so it was a generational thing that they got and we didn't.

From October 1929 to 1932, the U.S.

stocks lost 90% of their value.

That kicked off the Great Depression.

They kicked off that three-year decline by losing 30% of the value of the stock market in 45 days.

Now, I want you to listen carefully.

Starting February 12th, 2020, and through last week, U.S.

stocks lost 30% of their value in 20 days, more than twice as fast in 1929.

In the last 10 trading days, stocks have hit their 7% loss trading stop, so-called circuit breaker, designed to stop panic selling.

It's been hit three times, as of today, four.

We just hit another one.

We're now down 10% for the day.

We were down almost 9% before they could close it.

It's supposed circuit breaker blows at 7.

By the time they got that thing closed, it was down 9%.

We're down almost 10.

The next circuit breaker is at 13, and the one after that is at 20.

Now, there's a reason why I'm telling you all of this history, and I want you to pay attention closely.

And I am not a financial advisor.

I am not somebody.

I lose money more than I keep money.

So take my advice.

Take my advice.

Sorry, I just got an urgent message from somebody regarding this, so I'm going to

try to remember that.

Don't take my advice as gospel.

Take it as these are the facts.

Then do your own homework.

We have something

let's let's start here.

Starting in September 2019,

and

this is one thing that really bothered me a lot, and we did several episodes on it.

In fact, we should put them all together because if you're at home, you can binge watch a few things on the archives of the Glenbeck TV program.

But in September 2019, the Fed started making overnight repo loans at the rate of $75 billion a night to the banking sector.

Now, what this means is when banks close their door at night, they close the shop at 5 o'clock, they have to have enough money in the vault to cover any of the

so-called assets that they have that are actually

loans, the liabilities.

So they have to cover the liabilities in case something happens.

They have to be able to have enough cash in the bank to be able to cover all of those liabilities.

We've had this now since the Great Depression,

and we used to have something that was called the discount window.

If you couldn't do that, you would go to the Fed's discount window where you would get a special rate.

It was not someone prior to 2008 any bank wanted to use because it was kind of made as a shame kind of place where you would go and it let the other banks, oh, he may not be solvent.

I don't know if we should really trust that bank.

Should we loan to that bank?

So nobody wanted to use that.

Well the start the Fed started making overnight loans at the rate of $75 billion per night.

That means some of the banks, collection of the banks or one of the banks, was short $75 billion in cash and needed to borrow that just to cover the shortfall.

In November, they increased overnight lending to $100 billion.

Last week, they made it $150 billion a night.

Over the weekend, it was increased to $175 billion per night.

To put this into perspective,

Bear Stearns and Lehman Brothers needed $50 billion.

We now have increased it to $175 billion

per night.

On top of the $1 trillion announced in new asset purchases.

Do you remember when we said we were going to bail out the loan, the Trouble Assets Recovery Program, TARP?

That was

$775 billion

to bail out the banks and their troubled assets.

They have just added $1 trillion

to TARP.

They don't call it that anymore, but new asset purchases.

So the Fed is buying $1 trillion,

plus they're letting these banks borrow $170 billion every night.

On Friday, the U.S.

Treasury held an auction for 30-year Treasury bonds.

You know how many we received?

How many people raised their hand and said, I'll buy a U.S.

Treasury bond?

You know how many?

Zero.

Zero.

What does that mean?

Any money that we now borrow, we can't borrow it because nobody wants to take that debt.

We are spending out of control and no one wants to buy a 30-year Treasury bond.

As of today, March 16th, the Federal Reserve

has become the last buyer of resort for the U.S.

Treasuries.

We are out of countries that now want to take our debt, at least at this time.

Now, the Dow is down 25% from all-time highs.

Bank stocks are down 50%.

Let me say that again.

The Dow is down 25%, but bank stocks are now down 50%

and leading the way down.

The reason why I want you to know this

is because something really hinky is going on.

It's been going on for a while.

Haven't been able to put my finger on it.

I still don't know what it is.

Nobody does, but nobody's talking about it.

When the last time nobody would talk about things, it was 2007 and 2008.

I couldn't get anybody to give me any.

Well, it's very complex.

You know, you don't understand the system.

Yeah, can you explain it to me?

Well, no, it's very complex.

Okay, so it's so complex you can't even break it down and explain it to me.

Glenn, there are systems.

Really?

Can you tell me what those systems are?

Because they don't seem to make sense to me.

Explain it to me.

You just don't know.

that's the kind of runaround I'm getting right now

now why are the bank stocks down over 50 percent when the Dow is only down 25 why is the banking sector down now this leads me to what I heard from the president last week and he said it in such a

nonchalant way it just passed by everyone Except those with eyes and ears.

And I heard that and I went, why, why, why are you saying that?

Remember, before he gave his speech, he met with the heads of all of the big banks.

Now, that's spun as, well, he's meeting with the heads of the big banks because, you know, what are we going to do about this financial crisis?

Okay.

But what he said that night was, and I just want you to know, you know, our banks are fine.

They're tip-top.

They're fully liquid.

I mean, they've got...

liquidation that they just take all this money and they're just it's growing on trees they can throw it around.

They've got so much money.

They're so liquid.

It's almost like you could drink a bank right now.

Really?

Production economies have crashed in the anticipation of a global slowdown in manufacturing.

Oil is down more than 50%, made worse by the Soviet or the Russia-Saudi price war.

Copper is down 30%.

Steel is down 30%.

Aluminum down 22%.

They're all indications of a global slowdown not seen since at least 2008.

The world is still entering its shutdown mode.

So China is re-emerging for their shutdown, but who's going to be placing any orders of the next month or two?

This is the real problem.

The Fed just shot everything.

They just, they don't have anything left.

They don't have anything left.

We're almost at zero.

They can go to negative interest rates, but you don't need a lower interest rate right now.

We need to be buying things.

We need to be going out to restaurants.

That's why you know how serious this is.

This is either an evil, spooky dude,

complete hoax on the entire world.

We've got all of them.

We've got China,

we've got Russia,

we've got everyone.

And everyone is in on this, which

I think a lot of people will be playing into this, but it's not a hoax.

For people, for us to make the choices that we're making right now to shut our airlines down and everything else, Donald Trump does not want to do this.

He's smart enough to know exactly what this means.

Now, let me tell you what they did just last night.

This is what made me say,

honey, go to the bank tomorrow morning.

And

I wrote to our stockbroker and I said, I don't care how much money, I don't care what the excuse is.

No, I don't care how dumb I look in the end.

I'm pulling my money out of the stock market.

We're going to the bank, we're getting some cash, and I'll tell you what they did last night that made the blood drain out of my face.

That makes absolutely no financial sense whatsoever, unless you got nothing left.

I'll give that to you in one minute.

minute.

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10 seconds station ID

last night,

you might have heard that the Fed said we're going to cut the interest rates.

Stu, what is your understanding of what you heard last night announced on TV with the Fed?

They cut the interest rates to near zero, 0.25%.

It was a big drop from where it was,

and it was kind of their last bullet in their gun type of thing, where they don't really have a lot of room now to go and do anything else other than, I guess, I don't know, print money and that sort of thing.

So, why do we need

the so-called discount window?

Can you explain that briefly?

Why do these banks need to borrow all this money every night?

To make it all kind of come together, right?

They have at times there's short-term

lacking of cash that they need to kind of come into overnight.

The discount window is there in those emergency situations, right, when they need to step in and kind of make everything work.

So you want to make sure that the banks, if they, let's say they bought a bunch of, I don't know, oil, and they've got a lot of money invested in oil, if oil goes down, that they can cover everything that they need to cover.

They have enough money in the bank to cover any losses that could happen overnight so they can open their doors again.

That's why they need that.

They also have a 10% cash reserve requirement.

So the banks have to have 10% of everything they have in cash.

So we're okay.

Last night, The Federal Reserve removed the 10% cash reserve requirement for the banks.

This is the Fed's published bank guidance document as of today.

For many years, reserve requirements played a central role in the implementation of monetary policy by creating a stable demand for reserves.

In January 2019, the Federal Reserve Council announced its intention to implement monetary policy in ample reserves regime.

Reserve requirements do not play a significant role in this operating framework.

In light of the shift to an ample reserves regime, the board has reduced reserve requirement ratios to 0%.

This action eliminates the reserve requirements for thousands of depository institutions and will help support lending to households and businesses.

So in other words, they have to have 10% of their reserves in cash.

If 10% walk into the bank, and say, I want my money, they know that nothing else is going to happen more than 10%.

So 10% say I want my money.

They have the cash on hand to be able to do it.

If they don't, they have to call the Federal Reserve and you'll have to fill out a little piece of paper and then the Federal Reserve will have to okay it and then they'll have to ship it and it'll be about a week before you get your money.

But if you remember, Mr.

Potter is offering cash right now.

And

what did Jimmy Stewart say?

No, no, you don't understand.

It's not like that.

Your money is over here and your money is in this house and just fill out the paper it's what you agreed to just fill out the paper and you'll get your money in 10 days well i don't have 10 days i need my money now

this is what the federal reserve did last night

as of march 26th

banks are now under no regulatory obligation to maintain depository reserves against their lending.

Any bank, no matter how big or small, can lend as much as they want, no matter what they have in deposits.

Effectively, U.S.

money printing by offering credit and loans has been extended now to all banks.

What does this mean

for you?

What does this mean for the future?

I will tell you what is going to happen next, in my humble opinion, and how to prepare for it in just about a minute.

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This is the Glenn Back program.

Hello, America.

Welcome to Monday.

I have a challenge and some really good news coming up in just a few minutes.

I'm talking about the economy and something that I think you really need to understand:

what the Fed is doing.

And what the Fed is doing is using all of their bullets right now.

And you might be seeing this

go down, the stock market go down like this because it's spooking people.

Wait a minute.

Why are you at zero interest rates or 0.25%?

Why are you doing all of these things and none of it is working?

That's really, really bad news.

Really bad news.

And the questions that we have to ask ourselves in all sobriety and not without panic is: will we see bank holidays?

If you don't know what a bank holiday is, that's when they close, just like the markets, when there's a panic or they have to be reset.

Do we close the banks?

So you're not going to be able to get any money out of an ATM or go to the bank.

Will the Fed absorb the banks that are about to fail?

Does the government nationalize the banks or the Fed?

The Fed last night removed the 10% cash reserve requirement for most banks.

That means they're printing money.

Any loan doesn't matter.

Just give the loan.

This doesn't bode well.

And

have you ever noticed that nursery rhymes can be really, really cute or really spooky?

Just depends on the way you read them

and the context.

I've heard this nursery rhyme a million years ago, and I wondered why, what

use is this nursery rhyme?

Because usually the nursery rhymes were the things that we were teaching kids, and we were teaching them really scary global principles

without really telling them that these are

real principles.

principles.

Remember this nursery rhyme?

She swallowed the dog to catch the cat.

She swallowed the cat to catch the bird.

She swallowed the bird to catch the spider that wiggled and jiggled and tickled inside her.

She swallowed the spider to catch the fly.

I don't know why she swallowed the fly.

Perhaps she'll die.

She's dead, of course.

May I suggest a new revisionist look at this?

This

is the Federal Reserve.

She swallowed the dog to catch the cat.

She swallowed the cat to catch the bird.

How many things

is the Fed swallowing now?

How many things

that they have been chasing after?

We've got to swallow the dog to catch the cat.

They keep swallowing, and

I don't know why.

Perhaps she'll die.

If we look into this as the Fed,

perhaps that nursery rhyme teaches us something

because the Fed now is pumping in one trillion dollars

to swallow all of these this bad debt.

You're not going to hear this, and I'm not going to harp on this because

the coronavirus is not going to kill us all.

The coronavirus, if we don't take it seriously, if we don't stay at home, if we don't work from home, if we don't stop going to parties and with friends and everything else, if we don't stop,

it's only going to make this worse.

It's not going to kill everybody, but it's going to make it worse.

But if you care about the country, if you care about freedom, if you care about the economic system that has given us the life that we have, please stay home.

Please stay home.

Please cancel those plans.

Next hour, I'm going to give you some things that I want you to do that I think are, and I'm going to post them right after the program.

But they're things that we've gone gone over for years, but you need to look at them again.

Did anyone put together their isolation room in their house?

Did you even know you were supposed to?

Every home should have an isolation room.

And what that is, is just a room that has extra blankets, extra sheets, extra towels.

has a refrigerator, has a microwave, has a TV, has extra cords for your devices, has aspirin, has everything one might need in case dad or mom or somebody else says,

I'm really not feeling well and I've got a temperature.

Get up there.

We'll deliver all your food and everything to the door, but let's not get the entire family sick.

Do you even have one of those yet?

How many people even spent time doing that?

There's bigger things.

Hopefully, you've done that.

If you haven't, I'll tell you how you can do it.

I'll even, maybe I'll even take you online later today after the show, and I'll show you what we did.

And then I'm going to take you through the things that you need to do that we've already gone before.

But let me say this, and I'll harp on it.

But I believe this may be the event that

I have been preparing for, and we have all been preparing for.

And it's not the coronavirus.

I believe that unless things are,

unless miracles happen, by the way, yesterday, the president declared it a national day of prayer.

Did you know that?

Did you meet with your family?

Did you pray?

Did you dedicate?

Did you think about what we have to lose?

And beg him for forgiveness and beg him

for his help.

If you are a believer, please do that today.

Please do that today.

If things

don't go perfectly,

I believe we're headed for a

I think we're headed for a depression,

but one that we haven't seen.

I mean, a real depression.

The central bankers all over the world are doing really exotic and unusual things to stop it.

The stock market this morning is down 10%.

The financial sector is down 15%.

They're leading the way.

The Federal Reserve has swallowed all of the ills of the financial system.

And if you know history, you know, like we said in 2008, it doesn't work.

Not once.

It's never.

It makes the problem worse.

You have to lance the boil, get the infection out, and then take antibiotics.

Keeping global interest rates at near zero and even negative in some countries now since 2009 has created even bigger bubbles because of the easy money available to institutional and government players.

It's the everything bubble.

Back in 2007, I think when I was on Fox, I did a, sorry, when I was on CNN, I did an episode called the Money Bubble.

It's now called the Everything Bubble.

I call it the Money Bubble because that's the last one.

It's in, yeah, when money goes, everything goes.

They've renamed that now the everything bubble.

They did that about six years after I did.

But the everything bubble has just popped with the virus.

We are looking at a possible sovereign debt collapse.

The world is floating in upwards of $475 trillion of debt.

That's sovereign, corporate, institutional, your debt.

$475 trillion.

Governments are going to start having to figure out what bills do we pay.

I told you just a little while ago, Friday, we put 30-year treasury bonds up for sale.

That means our debt, just like your debt, has to be renewed.

You have to have, you know, a bank and you have it for 30 years.

When that 30-year loan agreement is up, if you still have money, then what you're going to do is you're going to get another loan and carry that debt.

No one one is willing to carry our 30-year debt anymore.

No one.

We had an auction for the world.

America is always the safe place.

No one in the world bid on, we had zero bids on our 30-year treasuries.

That means the Fed

is the only one swallowing our debt.

Is your money safe in a bank?

We're going to be answering some of these questions in the next few days.

Local or regional bank offer investment services.

Yeah.

Yeah, put it there.

Maybe.

Local.

Remember we talked about this 10 years ago?

Now's the time.

Do you have 30 or 60 days worth of expenses covered if you can't get cash out of an ATM?

Do you have a week?

I want you to go to the ATM today and get what cash you can and keep it on hand.

If stocks continue to decline another 10, 20, 30%,

is that storm my nest egg can weather?

Do I have food?

Do I have gold?

Do I have silver?

Silver is going down.

Gold is going down.

Gold is down, I think, 3% today.

And that is because when people need cash to cover what they bought in stocks because they had, you know, their eyes were bigger than their stomach or their wallet.

They got to sell something.

So they're selling gold.

Silver is a commodity, it's used in many things, and all commodities are going down.

Food, ammunition.

Don't panic, but realize that everyone else might be panicking.

So just be the calm one in your community, but don't freeze and do nothing

because we might be on the edge of a global catastrophe.

And as bad as that's going to be,

I am very worried about the social consequences that this kind of event creates.

What are we going to do to each other?

And this is where

this is where it's so easy to fix.

We did this to ourselves.

We eliminated God from our society.

And so he's backed away.

Okay, all right, you can do it yourself.

How many times as a parent have we done this to our kids?

We're like, I got it.

I got it.

And you're like, no, you don't.

ooh, you're gonna pay a high price for this one.

Just leave me alone, I've got it.

Okay, all right.

Now, we don't go away and wish them ill, and we're not punishing them.

Same thing with God, He's just backed away because we've said, We got it, we don't have it, we don't have it.

Just invite him back in, please.

Because I think we're gonna need him more than we have in a while.

The good news is, we're Americans, And right now, we're free.

And I want to show you one example on why that makes a difference.

What some people have done, scientists around the world, what they have done is remarkable.

I'm going to try to squeeze that in before the top of the hour.

And then our coronavirus update is coming up.

I'm going to also give you some inside information.

Somebody who

emailed me some confidential information on what people should be doing.

I asked if I could share the full report with people, and he said, no,

but if you want to pick and choose and just not say who it came from, yes, you can use parts of it.

So

I want to be respectful, so I want to keep getting these updates.

And I'll share what I can coming up in just a few minutes.

That's all next hour.

Don't miss a second of today's show.

And if you have, make sure you get the podcast anywhere you get podcasts, or you can get it in the archives at blazetv.com.

This is very well worth your subscription, especially if everybody's going to be home.

I'm going to ask the team to put together all of the history shows and everything else so

you can go and binge-watch with your family some of the shows.

And we're going to try to put all of the preparedness shows together here in the next few days as well, so you have all of them.

And don't forget a special this Wednesday night at 9 o'clock on Blaze TV all about the coronavirus.

And we need you to hashtag your questions to us.

Sarah, what is that hashtag that we need?

Find out for me and then we'll get it to you.

If you have any questions, we're asking the experts right now.

Just the facts.

Hashtag just the facts.

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Hashtag just the facts, and that will air on Wednesday night, 9 p.m., blazetv.com.

Sign up now, save 10%, blazetv.com slash Glenn.

Well worth your time and

your investment.

All right.

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This is the Glenbeck program.

Welcome to the Glenbeck program.

It is Monday, the 16th of March.

We've had quite a wild ride today.

We have our coronavirus update, but I'm going to do something a little different.

I'm going to give you all the facts facts and figures, but then I want to give you something that was prepared

not just for me, but for

leaders around the world that was given to me.

And I want to share parts of it, the parts that I can, just some really good advice on what to do, what we're facing,

and the things that most people won't share with you.

Very, very credible source.

I'll give you the information on that.

Our coronavirus update, and the things that we should be doing at home that really don't require very much next.

Hello, and welcome to the Glenn Beck program.

We are so glad that you are here.

Our coronavirus update begins in just one minute.

First, let me tell you about...

Is the Glenn Beck program?

Yes, it is.

Let me tell you about real estate agents I trust if you want to picture in your mind's eye the perfect real estate experience do you have it is that person helping you sell your home or buy a house or both they walk into the house they shake your hand then get confused like a deer in headlights look maybe pause in the middle of the conversation take a take a call from his other job Or does he walk in the door, shake your hand, immediately take charge of the situation, get down to business and selling your home or helping you buy a new home in the most effective way possible?

Because he knows what he's doing.

When you get an agent through Real Estate Agents I Trust, it's the second experience that you can look forward to.

I know because this is my company.

My brother and I have spent a long time building this company and making sure that our agents do business the right way.

With Real Estate Agents I Trust, this is a free service to you.

This is just a matchmaking arrangement.

And these are agents that listen to us.

They all were found through the radio show.

They're all vetted by us.

We watch them.

So we know who they are.

And it's an elite team of people dedicated to making sure you're satisfied with the buy and sell of your home.

And I'm involved as well.

I see all of this at least once a week to make sure that we're doing the right thing by you.

And again, it's a free service.

All you have to do is go to realestate agentsitrust.com.

The name kind of says it all, RealEstateAgents I Trust.com.

Go there now.

All right, it is Monday, the 16th of March, 2020.

Let me give you the look

into where we are on the coronavirus.

Total cases confirmed worldwide, 171,000.

That is up from 136,000 on Friday.

Total confirmed deaths worldwide, 6,531.

That's up

about almost 2,000 deaths worldwide.

Total confirmed recoveries, 77,000.

That's up 7,000 from Friday.

158 countries now have confirmed.

That was 129 on Friday.

Four more have suspected cases.

7% of active cases are now considered serious.

This is the best news.

Three weeks ago, that number was 19%,

down on Friday to 9%,

and today, three days later, 7% of active cases are considered serious requiring hospitalization.

This will be really good news if we don't overwhelm our health system with other people going, I've got to have a test.

No, you're not going to get a test unless you have the symptoms.

You don't need the test.

I want to thank our private industry, CBS and Walgreens and

Walmart and all of these people that are involved now on the private level.

You're going to start seeing tents go up in your area at some of these places where you're going to be able able to have the swab test at one of those stores.

And the vice president announced yesterday that all of them are going to be free.

So you're not going to have to worry about it.

Now, is this a sign of things to come?

By the way, U.S.

has 3,802 confirmed cases and 69 deaths.

That's up from 1,700 cases and 41 deaths on Friday.

You're going to see this number skyrocket.

We are at the beginning of that hockey stick curve that we had in China and we've seen all over the world.

We are also doing more tests, but we are now just at the beginning.

If you think you're getting rid of your kids in two weeks and they're going back to school, think again.

Can you buy alcohol on Amazon.com?

I don't know if Jack Daniels will send it directly to your house, but whatever alcohol you bought wasn't enough.

I think you're looking at anywhere from four,

my feeling is probably closer to eight weeks of of this.

We are only at the beginning.

People who were mocking this this weekend, I think by next weekend, you will see.

Do not

feel stupid by

if your friends or family say, we're not going to, I'm going to just say, well, I'm not going to, and you're not going to be around me for two weeks.

Because,

no, I'm not taking any chance.

And they can mock you if you want.

It's better to be prepared and made fun of

than laugh along with everyone else and then be wrong in the end.

I'd rather be wrong and prepared.

So don't worry about what other people say.

If you have parents that are elderly, please,

please, please

keep the kids at home.

I know they just want to go to a birthday party.

Otherwise, make the decision now.

You're not going to see parents until you quarantine your house for two weeks.

Our parents, I mean,

if I went on vacation today, Tanya's parents are ill.

If I went on vacation today and I didn't take it seriously and I go out and I'm going to Disneyland and I realize they're closed, but I'm just going to eat

at the Denny's across the street and I'm going going to do all the things I want on vacation.

If Tanya's parents get sick,

I'm not going to be able to see them.

When I come home, I have to stay away from them for two weeks to make sure I don't give them anything.

In that two-week period, they could get sick, and then I can't see them.

It's not worth it.

It's just...

not worth it

earlier today uh i talked to you about in hour number two, if you missed it, please go back and listen.

Today is definitely a day that you want to listen to on the podcast or go as a Blaze subscriber to the archives and watch and listen to the entire show today.

Today is a really important show packed with information.

My job is to inform you.

You may disagree with me, but I...

You pay me to do this through your listening habits.

So I'm trying to do my job the best I know how, and that is today to inform you.

I will also hopefully enlighten you and entertain you along the way, but we need information

first.

So

I want to share something, and I'm not going to give you,

I don't mean to be cryptic, but I've been asked to be cryptic.

This is not, this is proprietary information.

It was

prepared for

heads of state and

others

by a company that assess risks.

Let's just leave it at that.

And I've asked them for permission to use it, and they've said, no, you can use parts of it.

And I asked which parts I could use, and so I'm going to give you those parts that I could use because I think this is important.

First thing Americans need to know, and the world needs to know, you need to go or stay at the place you want to be if the situation

worsens.

Focus your decision on being somewhere for four to eight weeks.

So if you want to be with your family elsewhere, then you should be there now

and stay where you're at.

For many people, this means staying where they already are because it's a good place and they have the resources in place, families in the same city, it's a good stock of food and supplies, sufficient security, etc., etc.

I think this is an important line.

This is not a prediction that things will be getting much worse, but rather an acknowledgement that things could get much worse.

There are two ways to make a decision on where you should be.

There's two things, the social order and the medical.

Stu medical.

The medical risk arise from the likelihood of you or your loved ones contracting this particular virus and the availability of effective medical care if needed.

Social order.

Social order risks arise from the interruption of services and supply chain and how people behave in unwanted situations.

So for the most part, most Americans will be able to get the health care just not the way that we're used to getting our health care.

We're not used to going in and be swabbed in a parking lot of a Walgreens or a CVS or a Walmart, but that's the way it's going to be.

We're used to just going to our doctor.

We're not going to our doctor.

They're going to tell us to stay home unless things get really bad.

You have a fever, they're not going to see if you have the coronavirus right away.

They're going to say, stay at home, take aspirin, drink lots of fluid, call me back, let me know.

You don't want to be in the hospital waiting room or the urgent care center.

They don't want you there.

Stay home.

So we're not going to be getting the care that we we normally get.

But if this gets really bad, again, if this gets really bad,

which

Dr.

Fauci has said that he's the head of, not the CDC, Stu, which is he the head of?

Well, another one of those organizations.

He said that we could be out of hospital beds in the next 8 to 16 days.

That's a lot.

That's a lot.

And that will cause panic in a lot of people, which then risks the social order.

You remember years ago, it's one of the reasons why I moved to Texas,

I said, be around people you want to be around, you know, in case there's an emergency, people that will help you.

How are people going to behave in your area?

If you're in an area where people are not going to behave well, you're not going to want to be there.

Now, medical risk is influenced in part by chance, precautions, nature, the nature of the virus.

I'm reading from the report now, but the social order risks are influenced by fear, moral outrage, anger, and desperation.

In other words, emotion.

Social order risks can be elevated by many factors.

For example, when grocery stores have insufficient stock, I'm again quoting from this document.

I think we're okay, but quoting from this document,

that's when, not if, and it's all boldened or bolded.

Some people will behave poorly, impulsively, alarmingly.

Those Those behaviors are another kind of virus that can also go viral.

When sweeping restrictions are imposed by government or scary news stories are repeated or clashes with police occur, emotion can gain the upper hand.

Italy is a useful proxy for considering viral behavior.

In order to curb new COVID-19 infections, officials ruled that prison inmates could not have visitors.

Prisoners at one detention facility rioted, and within two days, 27 prisons had been overrun.

Prisoners were also protesting that they had not received the benefit of testing for the virus.

On the medical side, Italy was seeing the reduction of the number of new infections, but at least six inmates died as a result of the violence.

All 27 prisons were badly damaged, one so that it had to be closed, requiring prisoners to be moved to an already overcrowded facility.

Emotion.

So is it better to be in a big city or a rural area?

Rural locations have fewer people, low population density, and generally fewer risk posed by emotion and behavior.

Big cities have the presumed benefit of emergency hospitals, and big cities have millions of other people expecting to rely on those hospitals.

And if, as the current rate of new COVID-19 infections require hospitalization increases, the benefit of proximity to big city hospitals declines sharply.

In other words, a big fancy hospital is only valued if they have available beds, sufficient staffing, and sufficient supplies.

To state this

another way, being near world-class medical care is likely to be less value at a price at precisely the time medical care is most needed by many people, because that need overwhelms the system.

Every place, the kind of place you might consider has benefits and detractions.

We therefore recommend deciding where you want to be in in the event of having to stay for many weeks.

If you're already there, great.

If not, consider going there soon, because transportation and freedom of movement are not guaranteed over the long run.

This is not a prediction of a national shutdown like Italy, but rather an acknowledgement of the range of options available to the government.

Let me say that again.

This is not a prediction of a national shutdown, but rather an acknowledgement of the range of options available to the government.

We restate our recommendation of some weeks ago of having resources sufficient to grant you as little dependence on others as possible, and as little dependence on trucking, shipping, restocking, and continuity of services, all of which is less dependable today than it was last week.

Hear that.

Have as little dependence on trucking, shipping, restocking, and continuity of services.

Using groceries is one example.

It is not not possible for the

supply chain to be the same next week as it was last week because the demand has sharply increased.

As of today, we're edging into what has been described to retailers as phase two.

Phase one is the virus is present but not yet infected many people.

Day-to-day life is mostly normal.

Phase two, we're at the beginning of this.

Phase two, the virus has become prevalent in the market or markets where supplies originate, with governments taking restrictive actions such as quarantine or closing schools in public places that result in labor shortages and considerable disruption to supply and demand.

To put the rate of increased demand into perspective, last Thursday and Friday, March 5th and 6th, saw a 10% increase in grocery store foot traffic.

This Thursday and Friday, March 12th and 13th, the increase jumped to 200% and 300% in some areas.

The director of MIT Center for Transportation Logistics has said the current moment can be compared to what happens in a region expecting a big snowstorm.

People stock up.

However, the present situation is not regional, it's national, meaning an affected region can only

rely on nearby unaffected regions for restocking supplies.

There's nobody sending in shipments from Texas or California or wherever.

If you're contemplating a move to another location, it is likely you will have more options today than in the coming weeks, mostly due to the risk of travel disruptions or government intervention to restrict the freedom of movement.

If you decide to travel, Luca locate, yada, yada, yada.

I'm just not going to be able to get to all of this.

He goes into the things that

important note, if draconian restrictions are imposed, there might be little or no no warning or little or no lead time afforded.

We learned yesterday the advanced discussions about imposing additional restrictions in San Francisco and Santa Clara as early as next week, that's this week.

Information not yet public is shared.

Here's an example of the form of such restrictions that it might take.

Nobody can enter or exit designated lockdown areas unless they are proven family or proven work reasons.

Movements inside these areas is to be avoided unless justified.

Closure of all educational and social centers, restaurants, limiting public transportation, and asking everyone encouraging to work from their home.

But there are other things that are now being decided at the government level, and more travel restrictions are part of that.

So, what do you do, and how do you process all of this?

We'll get to that in one minute.

All right.

Sarah, you're going to have to help me out.

I've lost my program here.

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10 seconds, station ID.

All right,

I want to give you a couple of things.

The world is a really dangerous place,

but it's also a really, really safe place.

I mean, we survive extraordinary risks every day.

I mean, we look what we do.

We move around and travel through spaces with powerful machines that could kill all of us without missing a beat.

Our planes, our subways, buses, escalators, elevators, motorcycles, cars, everything.

Everything.

We're surrounded by toxic chemicals.

Our homes are hooked up to explosive gases and lethal currents of electricity.

But do we die from any of that?

We live among people in this country, 300, is it 300 or 400 million guns in the hands of our fellow citizens?

But we're not going to die from being shot to death.

Most of us.

Mark Twain said,

I've had a lot of many troubles,

but most of them never happened.

We live at a time where we are focused on our troubles.

We don't have to focus on our trouble.

What we need to do is inform ourselves.

We need to know all of things.

The things that scare us most are the things we don't know.

It's why in movies, when they show you that door and you're like, don't open the door, don't open the door, don't open the door.

Even though you don't know what's behind the door, don't open the door.

The scariest things are the things that we don't know.

Let me give you this from C.S.

Lewis.

This is from his essay on Living in an Atomic Age.

In one way, we think a great deal too much of the atomic bomb.

How are we going to live in an atomic age?

I'm tempted to reply, well, I mean, just as you would have lived in the 16th century with the plague that visited London almost every year, or as you would have lived in the Viking Age when raiders from Scandinavia might land and cut your throat any night.

We live in a time that is dangerous, but not, we don't become paralyzed by it.

Quoting, in other words, don't let us begin by exaggerating the novelty of our situation.

Believe me, dear sir or madam, C.S.

Lewis writes, you and I, you and all of whom we love, are already sentenced to death before the atomic bomb was invented.

We have indeed

a very great advantage over our ancestors.

We'll give you more on that coming up in just a second.

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This is the Glenn Beck program.

On tomorrow's program, I would like you to share with me, send them to my email address.

Stu, I don't even know what the email address is on the website,

but

send it to me.

Maybe do it on social.

That's the way the kitties kitties look.

That's the way the kiddies do it nowadays?

Yeah, that's how they connect these days.

Whatever.

But I really want to know the dumbest things that your family, your friends, everybody else did or said this weekend, the last few days.

I just love to hear from you.

When you're kind of like, like, Bill de Blasio is a good case.

Bill de Blasio, what did he do, Stu, as of 8 o'clock tonight?

As of 8 o'clock tonight, they're closing pretty much everything in the city.

No restaurants will be open except for delivery and I think maybe pickup.

They're closing pretty much all stores, all gyms, everything as of 8 p.m.

tonight.

So, of course, obviously, if you're Bill de Blasi, what you want to do during the day today is make sure you get a few more reps in at the gym.

So he actually went to the gym today after announcing they were closing them as of tonight.

Now, technically, he's with, I mean, he's still within the open area there, but I don't think the idea was to allow everyone to go one more time.

It's more of an idea of like trying to have an organization.

Well, you know what?

What's the difference?

What's the difference between 8 p.m.

and

tonight?

I mean, you didn't get it yet.

You're probably not going to get it today.

You know, there was my wife.

Oh,

I just, man, a show is just boring me to death today.

My wife got a note on.

I think this was maybe from a friend of hers or a friend of a friend who said, I went to the gym and there's this person who's complaining to all these friends that she was just got back from a meeting, and that person was dumb enough, and they came, and they have coronavirus, and they were over,

wait a minute.

You were just with somebody with coronavirus?

You shouldn't be at the gym.

That person is just so stupid.

They just came to work anyway.

Well, you're,

hey, moron.

Yeah.

I mean, it's just like pot calling kettle, pot calling kettle.

It's tough to know what to do.

Look, this is so out of the ordinary for people.

And, you know, I think a lot of this has to do with the way the media has covered not just this, but so many stories over the years that a lot of people just don't buy the hype.

I mean, frankly, they just don't buy it.

And I understand that, honestly.

You know, especially

the percentage of skepticism on coronavirus seems to be higher on the right.

And a lot of that has to do with, I think, the left making this and the media making this into a Trump-focused story where every other story about it is whether Donald Trump did something right or wrong or what he tweeted or what he said.

So it comes off as every the same as every other dumb piece of nonsensical criticism that the Trump has faced.

I don't think this story is that.

But the media is pushing people, I think, in that direction.

I'm watching the Mike Pence,

you know, what do you call them, press conferences.

And they'll go for 45 minutes with really heavy-duty information.

First question.

Experts.

Yeah.

Donald Trump.

Donald Trump was wearing a USA hat the other day while he was closing our borders.

Isn't that insensitive?

Shut up.

I just want, please, Mr.

Vice President, let me just stand behind all the experts and I'll just walk to the podium once in a while and just go, you, shut up.

Next question.

And then I'll back off.

Let me do it.

I'll be the bad guy on that.

What a stupid, stupid thing.

That's why you need the just shut up t-shirts that you made a while ago.

Yeah,

it's still available.

Go get them.

Still available.

Let me ask you this,

Stu.

Joe Biden, and I got to get to, well, let me start with the Joe Biden thing.

I don't know if you saw this video.

Joe Biden, not only tremendous

performance last night, but let me take you the night before.

Saturday, he has a virtual town hall, and everything that could go wrong does go wrong.

The microphones are all screwed up.

You can't understand him.

They finally hand him a cell phone.

I mean, it's awful.

And the whole time, he's like, Donald Trump is really, you know, he's just not competent enough to be able to fix the coronavirus.

You can't do a webcast, man.

For the love of Pete.

So at one point, I just want you to watch this.

If you're watching on the Blaze, I'll describe it for you here in a minute if you're just listening on radio, but

Stu, this is like like the Gary Condit video.

This is like Gary Condit.

You know, all of a sudden 9-11 happened and nobody's talking about him anymore and you're like, oh, he got away.

Look at this.

Look at this one.

Look at this one.

This has not been anywhere because everybody's talking about now the coronavirus.

Watch public option, providing

additional funding that we're going to be on the phone, looking right into the camera.

No hidden bills, et cetera.

And I can get it done.

I can get it done quickly and people will be covered.

But even I can't do that for another two two years, another year between now and November.

Or actually, January.

Okay.

Okay.

Oh, no.

Oh, you didn't cut that off.

You cut that off?

No, you got to play the rest of it.

There's more to more than that.

Oh, my gosh.

Yeah.

Oh, so much more than that.

He continues to talk, and he pauses for a minute, and then he starts talking, and then he just meanders off to the side.

The camera stays fixed between the two flags, and he just meanders off.

he's like talking like completely.

You have it?

Watch this.

Being a public option, providing for the additional funding that would provide for no hidden bills, et cetera.

And I can get it done.

I can get it done quickly and people would be covered.

But even I can't do that for another two years, another year between now and November

or actually January.

I was just pausing.

I watched pause.

But to be covered.

What to do here?

Which means that they can't build any factories or

anything within one mile of the estuary and the Delaware River and the Atlantic Ocean and the Chesapeake.

And so the whole point of this is that we can do a lot to deal with

species.

And one of the things

that

we have to deal with this on the screen.

He's not on the screen anymore.

He's not on the screen anymore.

He's just talking.

Now he kind of comes back.

They put a Illinois for Biden thing back up because they don't know what he's doing.

It was horrendous.

Now, here's the thing because he thinks he's on a conference call.

He's probably done 100 conference calls like that where he's talking to the phone.

He's totally forgotten he's on camera at this point.

Yeah.

Although he's been looking at the camera the whole time.

Okay, now try this on for size.

When you put together your team

of

people that are going to help you with a pandemic that is mainly killing old people,

Stu, is there someone that you would think, well, we shouldn't put this on the team?

You're going to love this story.

You're going to love this story because I would never have been able to answer that story.

But when I say the name, you're going to go, oh, you've got to be kidding me.

Okay.

So, Joe Biden has tapped

the

former

White House health advisor

to spearhead our nation's coronavirus

problems.

And

who he decided to tap is Ezekiel Emmanuel.

Oh, my God.

Okay.

Oh, my God.

Now, in case you don't remember who Zeke Emmanuel is, he's the guy with a complete live system

that basically says, you know what, there comes a time when, you know, it's time for you to die.

In fact, just recently, he wrote a piece for The Atlantic titled, Why I Hope to Die at 75.

He writes, Doubtless, death is a loss.

It deprives us of experiences and milestones, of time spent with our spouse and children.

In short, it deprives us of all things we value.

But there's a simple truth many of us seem to resist.

Living too long is also a loss.

It renders many of us, if not disabled, then faltering and declining, a state that may not be worse than death, but nonetheless is deprived.

It robs us of our creativity and ability to contribute to work and society and the world.

It transforms how people experience, relate to us, and most importantly, remember us.

We're no longer remembered as vibrant and engaged, but as feeble and ineffectual and even pathetic.

That's why he thinks people should die at the age of 75.

This is the guy who Joe Biden has put in charge of his health team to help figure out what do we do with this virus that is killing mainly old people.

I don't know.

I don't know.

Let's pick the guy who says,

I mean, it's really kind of good that they're all dying, really.

Those are some political instincts on the Bill de Blasio level there, I will say.

Could that have been a worse pick?

By the way, he says people really are declining.

They have, you know,

their mental faculties aren't so sharp, you know, after 75.

Biden is 77, dude.

Biden is 77.

Right, if he had his wish, Joe or Bernie wouldn't even be alive.

Wouldn't be alive.

Basically, almost all the candidates running in both parties wouldn't be alive.

Right.

And you know what's crazy is this guy will say, because of the complete live system, what we talked to you about years ago, the complete live system is, you know, when you get up to working age, you really don't get any kind of medical treatment until you're, I mean, extraordinary medical treatment, until you're around 10 to 12.

Then, from 12 to 30, you get

everything

this government can possibly provide for you in a socialized medicine thing.

Then, after 30, it starts to slow down.

After 40, it's significantly 50, even more so, and then it's almost a straight line down after 60.

Because, quite frankly, sir or madam, I mean, justify yourself, justify your existence, because

your life is really kind of meaningless to us, and we can't use our resources to keep you alive.

That's this guy.

That's this guy.

That's this guy.

Yeah, I mean, think about all the controversy that happened with death panels.

In Italy, we're seeing death panels without the panels.

Right.

They're just saying anyone over 80 is gone.

There's no panel to decide which person is which.

Anyone over 80, if they're short on resources, buh-bye.

Right?

That is the death panel without the panel.

That is not something

that was a crazy conservative conspiracy theory.

It was never meant to say in normal times that this was going to happen.

This happens when there are shortages.

Here we are in Italy, shortages.

We're seeing the same thing happen all over Europe now, and we're going to be seeing it in the next few weeks in an even more intense way.

You know what would be more acceptable, quite honestly?

You know what?

People would believe more than that.

You know, they've got a guy who's just been tapped by Joe Biden to be the guy to help decide who lives, who dies.

And we already know what his standpoint is.

People won't ball, they won't believe in that.

But if I said to you, Do you want somebody to decide who wipes and who doesn't wipe?

Do you want somebody coming to your house?

You get a wipe, you don't get a wipe.

People would freak out.

Freak out.

What?

No, nobody's telling me I can't wipe.

Get your gun.

But this,

nothing to worry about.

From my fortress deep underground, built entirely of toilet paper and hand sanitizer.

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You're listening to Glenn Beck.

This is the Glenn Beck program.

Welcome.

There's a story that just came out.

Health officials are now saying that the United States should shut down everything for the next 14 days.

A total national shutdown.

I cannot even begin to imagine

what that would look like.

I have no idea how the American people react to that.

This is not China.

We're not used to authoritarian governments.

And again,

I believe that this is a real threat.

And countries around the world have shown that these sort of strict measures are the only thing slowing the spread.

So I am not a skeptic on this.

However, it's scary and I have no idea how the American people react to it.

Like, this is not normal to us.

This is not what we do.

But I mean, listen to this.

Within Europe, we already know about Italy, right?

And India also pretty much quarantined itself off from the rest of the world.

But within Europe,

all these countries are closing themselves off to foreigners completely: Czech Republic, Cyprus, Denmark, Latvia, Lithuania, Poland, and Slovakia.

And Germany, the economic engine of the continent, said that it would partly close its borders to five neighboring countries.

Why do they hate Mexicans?

I know.

For some reason, all of a sudden, everyone loves border security.

Whoa, yeah, I know.

Whoa.

You know, Glenn, obviously, Italy has had all the press, but France, Spain, and Germany, Germany, are seeing this sort of exponential rise in

this virus spread right now.

And, I mean, Germany, if that thing has the sort of effects we're looking at economically,

you know, what happens?

I mean, how many times have they bailed out the rest of Europe?

Now they're going to be in the need of a bailout themselves.

There's no one going to give it.

This is a problem, and we're seeing already that what the Fed did last night doesn't help.

What the Fed has done last week doesn't help.

I mean, the Fed said banks don't have to have a cash reserve.

What?

Banks have always had to have 10% of deposits

in cash on hand.

Nope, not anymore.

Don't worry.

Fed will just print that money.

You can spend that any way you want.

Give that out as loans, whatever.

Not a problem.

So now they don't have to have cash on hand.

They are being bailed out every single night.

Already, the

TARP, you remember, can you remember how much TARP cost us to?

The Troubled Assets Program.

How much did that cost?

$700 billion.

$700 billion.

Okay.

Just last, I think, Friday, they announced that it was going to be a $1 trillion buyout for Troubled Assets.

Nobody's even talking about it.

Not even a debate about it or anything.

They're not talking about it.

We have interest rates almost at zero now.

The Fed doesn't have any bullets left in its gun.

Please stay home.

Let's not make this any worse.

Stay home.

More tonight and tomorrow on radio.