Free Stuff Over a Free State – YAY! | Guest: Steve Deace | 8/26/19

We've got a lot going on today.

We're going to start with our socialist update.

Pat Gray is filling in for Stu here in just a second.

Also, I'm going to talk to you a little bit about the economy, what's really going on, and why we all need to pay attention to that.

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Welcome to it.

We're going to talk about China.

We're going to talk about China and Trump with the G7.

We're going to talk to you about what really is coming our way with the economy and how America's morals and values have dramatically changed.

Oh, you're going to love this.

And

we're going to be right there with you on these new changes because our communist update is next in one minute.

This is the Glenbeck program.

Okay.

All right.

Here's the third chapter now of the story I've been telling you about last week.

Remember, my friend who works here has his air conditioning go out on the three-hour car trip.

It's like 104 here in Texas.

He then found out it was going to cost him over $2,000 to get it fixed because it wasn't still under warranty.

Well, this weekend, after spending hours getting other estimates, he and his wife finally came to the conclusion that the only option left is to trade their car in for a new one.

That's going to cost them.

Now, they hadn't planned on doing any of this last week.

They didn't have a $2,000 repair or they didn't have the money for a brand new car.

They have to do it now.

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Well, welcome to Monday morning.

Hello, Pat.

Hello, Glenn.

It's so good to see you here.

Oh, no, no, please be seen.

Yes, please don't.

No, I mean, I didn't.

Be sincere.

I was.

Okay, good.

I was.

So great to see you.

And it's great to be seen.

All right.

All right.

Wait a minute.

You

guys, you said don't.

And so

you don't want to throw it my way.

No.

No.

Okay.

All right.

Well, I got good news for you.

Yeah.

Yeah.

Okay.

Comrades.

Yes, my dear comrades, we have almost, almost reached the fundamental transformation of the United States.

Sing it out.

Sing it out.

Yes, the climate crisis

is the final icing on the cake.

Yes, American standards have changed.

Americans' morals have changed.

Their values have changed.

They now prefer security over freedom.

Yay!

They now want free stuff from the state.

Yay!

Oh, comrades, it's been a long, tiresome road.

We thought this was all in our past back in 1990, but no, no, no, no, no.

The scientific community, according to Bernie Sanders, is telling us in no uncertain terms that we have less than 11 years to transform our energy system away from fossil fuels to energy efficiency and sustainable energy.

Except they're not saying that, but

in fact, they're specifically saying, stop saying that we're saying that.

You really need to be rounded up.

If we're going to leave this planet healthy for ourselves, for our children, for our grandchildren, for future generations, Bernie Sanders says as rising temperatures and extreme weather create health emergencies, drive land loss, displacement, destroy jobs, threaten livelihoods, we must guarantee health care, housing, and a good paying job to every American.

Yay!

Especially to those who have been historically excluded from economic success.

Thank you.

So he has a plan.

And here's his plan.

It's only going to cost us $16 trillion.

Yay!

Kind of.

He says he's going to reach 100% renewable energy for electricity and transportation by no later than 2030

Wow.

Wow, 11 years?

11 years.

Nice.

100%

renewable energy.

Wow.

For transportation.

Well, it's already up to 7%.

How much tougher can it be?

Ending unemployment.

Yay!

Yay!

He's going to end unemployment by 2030 because he's going to create 20 million jobs to solve the climate crisis crisis.

These jobs will be good paying.

They'll be union jobs with strong benefits and safety standards in steel and

auto manufacturing.

We're going to have cars still?

Construction, energy efficiency and retrofitting, coding, server farms, renewable power plants.

We will also create millions of jobs in sustainable agriculture.

The government is going to get their hands into farming.

Yay!

It always works out so well when they start screwing around with the farms and the food.

We'll also create millions of jobs in engineering.

reimagined and expanded civilian conservation corps so we can go back to what FDR did and preserving our public lands.

He also have direct investment at historic $16.3 trillion public investment.

It's the New Deal and what they did in World War II, but with an explicit choice to include black, indigenous, and other minority communities who were systematically excluded in the past.

A just transition for workers.

This plan will prioritize the fossil fuel workers who have powered our economy for more than a century and have too often been neglected by corporations and politicians.

We will guarantee five years of all workers' current salaries.

Yay!

Housing assistance, job training, health care, pension support, and priority job placement for anyone displaced.

as well as early retirement for support for those who choose or can no longer work.

Wow, this is going to be a lot less than $16 trillion.

You said it.

Yeah, comrades, declaring climate change a national emergency.

We must take action to ensure a habitable planet for ourselves, for our children, for our grandchildren.

And we will do whatever it takes to defeat the threat of climate change after we declare a national emergency.

Yay!

Saving Americans

families money by weatherizing all American homes.

It will lower the energy

bills, building affordable and high-quality modern transportation.

What could that be?

Horses?

Providing grants and trade-in programs for families and small businesses to purchase high-efficiency electric vehicles and rebuilding our inefficient and crumbling infrastructure, including deploying universal, affordable, high-speed internet.

Finally,

finally,

you're going to be able.

All mothers are going to be able to have high-speed internet.

Those who have been struggling because they can't surf the web like they like.

Supporting false small family farms by investing in ecologically regenerative and sustainable agriculture.

Thank God, because

you know what the farmers hate

is anything that helps the soil.

They have not been doing right by the soil.

They like to plant something that does not regenerate.

They like to plant something that does not.

So that it grows nothing for them the next year.

They just want that one year's worth of crops.

That's all they're asking for, those bastards.

This plan will transfer all of our farms to fight climate change and provide sustainable local foods and break the corporate stranglehold on farmers and ranchers.

You know, there's nobody that hates corporate farming as much as I do, and I mean that sincerely, but it did feed an awful lot of people.

Just billions.

So only billions.

Let's make sure we

just get rid of all those corporate farms in 10 years.

Wow.

What's the worst that could happen?

Justice for frontline communities,

especially under-resourced groups, communities of colors, Native Americans, people with disabilities, children, the elderly, to recover from and repair for climate impacts, including through a $40 billion climate

justice resiliency fund, and providing those frontline and fenceline communities

a just transition, including real jobs, resilient infrastructure, and economic development.

Bernie Sanders also wants to commit to reducing emissions throughout the world.

So it's not just going to be here.

We're going to donate $200 billion to the Green Climate Fund.

Oh, good.

Yeah.

Finally.

Finally.

We will meet and exceed our fair share of global emissions reductions.

We'll make massive investments in research and development, expand the climate justice movement, invest in

conservation in all public and private lands.

And the good news here, it will all pay for itself in this no longer free market

in just over 15 years.

Comrades, we have made it!

Yay!

Holy

wow, wow.

We'll get into that and what all of that means coming up in just a second.

Also, hey, don't worry about the economy.

Don't worry about it.

Nothing is here.

We'll talk about that coming up in a second.

How's your gut feel on the economy, Stu?

Or Pat?

You know,

I think we're teetering on the edge.

Do you?

You know, it's really weird is,

you know, how I've always had the promptings of...

I've had that kind of feeling.

Yeah.

I don't right now, but here's what I do have, which I think is more frightening.

May not be to you, but it is to me.

It's are you optimistic right now?

Because when that happens, it usually means trouble.

No, I'm not.

Here's what I am.

You already know what to do.

Prepare.

I can't tell you anymore.

Yeah.

I just, I get this feeling of

last call and no hype, no hyperbole, no,

you know, no panic.

If you're not going to prepare, it's going to be too late soon.

If you haven't battened down the hat, I just, everything in me is like,

pay off anything you can, get out of anything that you can, pay your credit card debt, get, just don't spend money, don't spend money, don't spend money.

And make sure that you're prepared in all things.

Do what you're supposed to do.

That, to me, is more disturbing

because it just seems

final, I guess, maybe.

You know, it's kind of like you and your mom was like,

you got to get this stuff done because school's going to start.

You got to get this stuff done.

You got to get this stuff done.

And you messed around.

And then your mom just looks at you, you know, the night before and you're like, I didn't get all that done.

And she's like, well, told you.

Told you.

It's too late now.

You might want to really pay attention.

I'm going to give you five monologues today explaining the economy.

Not today, over the week.

We're going to do it in hour two every day,

and it will explain what's really happening.

Today, I want to tell you something that we told you before,

but now it matters.

We told you that China was doing a few different things about six months ago, and we said this is going to be trouble down the road.

Well, the road is now at trouble.

And I'll explain what's really going on, something that no one in the press is talking about, and you need to understand it.

That's segment one today in hour number two, and we'll do it in hour number two, a different part of the economy that you need to understand

every day this week in the top of hour two.

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Well, your job is to go to sleep.

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I don't know.

I remember the days growing up in Seattle where we left the windows open at night and sometimes it would be as hot as 75 and we'd be like, oh my gosh, it's so hot.

That would be Montana, too.

Oh,

and it would be like three days.

And We'd be like, we got to get air conditioning.

And my father was like, it's three days.

Sleep through it.

And then he would brag the rest of the year about great sleeping weather.

Here, man, you need a great mattress, a great pillow.

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We break for 10 seconds, station ID.

Yeah, it does.

Okay.

So, Pat, what do you think about all the people that are going to start primaring Donald Trump?

Yeah, they do.

Bill Weld and Joe Walsh.

Yeah.

I mean,

not that I don't like Rocky Mountain Way.

I do.

And when we joined the Eagles, I know.

I thought, you know, it's pretty good.

I said last Friday, life's been good so far.

It's about to end.

Now, we've met with

Joe Walsh before.

I mean, we've talked about him, and he's a good guy.

He's a good guy.

He's just got no shot.

He's got zero, zero shot.

So it's nice to have somebody that is standing up and saying, hey, trade war is really, really bad.

However,

you don't have a shot.

And so it's good to voice it, but

what end?

To what end?

You know, the election is so important that I hate to see anybody force the president into using resources on them rather than

the general election, which he must win.

He must win it.

If the economy goes south,

somebody like Elizabeth Warren, I mean, Joe Biden.

Did you see Joe Biden was like, if you're worried about my age, don't vote for me.

Okay.

Sold.

I mean, that's sold.

I mean, Joe, no, no.

If I was standing backstage, I'd be like, no, no, no, don't say, no, no, don't say that.

No, don't, no.

Yeah, he's, he is making so many

mistakes.

So many mistakes.

But then again, maybe that works.

I don't know anymore.

Yeah.

I don't know anymore.

It's pretty straightforward.

I think Elizabeth Warren, and I can't believe I'm saying this, but at this point,

I would bet on Elizabeth Warren.

I would not make the underwear bet at this point that if she wins a nomination, I'll eat my underwear.

I wouldn't do this this time around.

Six months ago, maybe.

Yeah.

Yeah.

I should have asked.

Yeah.

I should have.

Yeah, darn it.

I've kind of sworn off that particular bet now.

The beto thing came too close.

Yeah, right.

I mean, it's, it is,

it is, we are close.

I've said before

that if the economy goes south, and I mean real south,

you are going to have a nation of both Republicans and Democrats that will demand socialism.

They will demand it.

Yeah, it's chilling.

And they'll get it probably.

Yeah, they will.

They'll get it with Elizabeth Warren, or they'll get it with

Bernie Sanders, or even Kamala Harris.

She's got basically the same.

They could get the FDR socialism of

the 1930s, I think, possibly in a collapse with Donald Trump.

I mean, you have to remember, this is not an anti-Trump thing.

This is an anti-GOP thing.

Remember,

you know, what George Bush did.

Nobody wants to be remembered as the guy who says, hey, stiff upper lip, tough it out.

Think how good, though, that would be.

If you got an FDR in office, I mean, he did get us out of the Depression right out of it within like 12 short years.

Well, he was dead by the time we got out.

Yes.

It was another president by the time we got out.

And it was only a great war that pulled us out.

But

technically,

nothing to see here.

Nothing to see here.

Okay, there is an

amazing development in

evolution.

We're going to talk about it next.

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So over the weekend, I watched something from the Hoover Institute.

It was about an hour-long dialogue between

a biologist, a world-renowned biologist, a world-renowned philosopher, and David Galertner from Yale University, who is a world-renowned mathematician.

And the subject was Darwinism for suckers.

And

Galertner is the driving force behind this, at least this part of the news cycle on this, that nobody is paying attention.

But he was a fan of Darwin and said, I liked it.

It was elegantly simple.

I thought it was a good way to explain it.

It was a good theory.

There were parts of it that didn't work.

But I'm sorry to see this go.

But we have to admit, this is not what happened.

Darwinism is done

because of science and mathematics.

And anyone who tells you differently is a zealot and lying.

They're not honest.

Well, you can imagine that there is going to be some blowback on this.

And I was so happy to see that our own Steve Dace is all over this story.

And I wanted to bring Steve in because he probably could explain it a little bit.

He's a little smarter than I am.

So I thought he could explain it a little bit.

He's written an article for The Blaze.

If you challenge Darwinism, you challenge everything about progressivism.

Welcome to the program, Mr.

Dace.

Hey, guys.

Good morning.

Good to talk to you, Glenn.

Thanks for having me back.

You bet.

You bet.

So tell me how you found this story.

Did you just stumble across it?

Have you watched the Hoover Institute

debate on this?

I didn't watch the debate.

I did read some accounts of what, and it's Galuttner, is that how it's pronounced?

Well, I think I mispronounce it, so don't take it from me, but I've always called him David Galutner, and I've done it to his face, and he's never corrected me, but he's a really nice guy, so he probably wouldn't.

Well, if you do the math on this,

there's an astrophysicist from, used to be from my neck of the woods at Iowa State, and he got ran out at his tenure here and because he dared to work on the privileged planet intelligent design project.

And he ended up delving into intelligent design because he started doing the math on this.

And the math essentially says the odds that over a random, natural, reoccurring, purposeless, meaningless processes would result in the universe on a macro level that we see, the Earth on a mini macro level that we have, and then individual life comprised of 20 trillion complex cells that each of us possess.

The odds of that occurring with meaningless, random, you know, purposeless, natural occurrences, no matter any period of time, are about the odds of you taking a follicle of your hair, putting it on a T on the dark side of the moon, and then with a driver, having it land anywhere on planet Earth.

Okay, those are the odds.

Okay, so wait, hang on just a second.

So, so people know, you really have to read up on this

and watch this Hoover Institute.

I'll put this on Glennbeck.com today, but

it is fascinating because they go into

why this doesn't work.

They explain, look, for small things, survival of the fittest

might work.

For instance, you know, your beak is, you know, a quarter of an inch longer or your fur is a little thinner or whatever.

That might work.

And Darwin may may explain minute changes, but then they get into what it takes to make one species.

And the odds are astronomical that we could even have one species.

And I'm always fascinated when I go here, when I step on this shibboleth of the dand, I'm always fascinated to see the responses.

And so

some of the responses I got, Glenn, were, well, this is a mathematics professor.

He's not a biologist.

Well, great, because neither was Charles Darwin.

In fact, when he boarded the HMS Beagle, the infancy science that fascinated him was actually geology.

All right.

And then I was told, well, this guy's not a geneticist.

Well, great.

Neither was Darwin.

In fact, Gregor Mendel, the Catholic monk credited with starting genetics, he wrote his first findings in 1866.

So he was a contemporary of Darwin's.

They never studied each other.

They never even met or read each other.

And then the mapping and sequencing of the human genome, which is essentially what we know about the basis of individual life and how it works, that wasn't concluded until well into the 21st century.

The individual who led that project for many years, Dr.

Francis Collins, is actually a theist.

All right, so Darwin wasn't a geneticist either.

And then we're told, well, you know, this, go ahead.

No, I was just going to say that one of their main points is.

Darwin just didn't know all of the things that we do now.

So

we have the DNA codes now, which he didn't have any idea that there were even genetic codes, let alone how complex they are.

So there's many things.

None of them, these guys are condemning

Darwin.

They're all saying the same thing.

Look, at his time,

this was very, very bright and could have been.

But as we have moved forward the last 150 years, we now know there's no way this is even logical.

What you just pointed out, you know, we draw this distinction on my show on a regular basis, that there's a difference between liberals and leftists.

The liberals we all got into this business to defeat and argue against are just people who want government to permit you to do this stuff that God says is dumb and immoral.

But these new leftists that we're encountering now, these are the dogmas.

This is the new inquisition, the new antifado.

These are people that want government to compel you to do those things.

And if you're not willing to, then you will be made to care.

And this is now in the world of so-called science at the exact same time.

What you're describing with these individuals, these are just men of honest scientific inquiry.

I have no idea what their religious or philosophical beliefs are, but they're actually just following the scientific method.

They're noting that we didn't get carbon dating until a full century after origin of species almost.

Archaeology as a refined science wasn't recognized for another half century after origin of species.

So they're just following clues and facts as they see them and letting the chips fall where they may.

Well, it's also,

you know, Darwin, Darwin didn't, he said in Origin of Species, which is very well argued.

I think it's nonsense, but it's very well argued for the time.

And he says in there, he can't explain

the Cambrian explosion, which is a 70 million year period that all of a sudden you go from no life to an explosion of life overnight.

Well, where did that come from?

Exactly.

So, to me, I think there's a debate over the origin of species, and then there's a debate over the descent of man.

And what you see in most American faculties today, I mean, Dr.

Francis Collins, who led the Human Genome Project for many years, he couldn't teach earth science at most eighth-grade public schools in America once he stated he was in CS.

They'd kick him out, wouldn't allow it, wouldn't be on a college campus.

And the ridiculousness of this is this is now where we're going to take scientific inquiry and we're going to apply worldview and ethical conclusions to it.

And the ugly stuff of Darwinism that you see with the Aborigines and favored races and references to savages, you know, a lot of that is in Descent of Man, which is kind of the Hadith

to origin of species Quran, if you get the analogy.

You know, we often quote the Quran for ugliness, but the real, real ugliness is in the Hadiths.

And the same thing is true in the Descent of Man.

So the philosophical premises, the Nietzsche's, the utilitarianism, the Marxes, all of those things are conclusions of where we take, if we all agree that life is random and purposelessness, we still need an ethic.

We need a mythos to define who we are and why we're here.

And this is where the postmodern deconstructionists come in and say, you know what, we've got an alternative plan for you.

And that's the alternative religion that these leftists will clutch and hold on to because it's their idol.

Are you going to be talking about this on your show today?

I'm sure it'll come come up for a couple of minutes.

Yeah.

Yeah, okay.

Steve, thank you so much.

It was a great article that you wrote over the weekend, and I'm glad you're on top of it.

And thank you so much.

Appreciate it.

You got it, brother.

Take care.

Steve Dace, he is from the Steve Dace show, which is heard on the Blaze Radio Network right after this program.

And his story is: if you challenge Darwinism, you challenge everything about progressivism.

It is one of the most amazing stories scientifically

of our lifetime.

We are now at the point when you listen to these guys.

Now, these are not schlubs.

I mean, Michael Galertner is not a, he's not just a mathematician.

He's one of the world, David, he's one of the greatest mathematicians of our time.

And, you know, he's looking at this

just from a mathematical standpoint.

Because one of the guys who said, hey, maybe we should look at the genetic code

as an actual code.

Maybe there is something to all of these little things we see in the microscope.

Maybe there is something that's like a code.

And so he started breaking it down, and that led to the human genome,

what do you call it, a project?

Project.

And we have found that it is an actual code.

And every gene, every piece of DNA has a code, and it's in a certain particular, you know, it's like you got to add a quarter cup of flour, then you have to add the eggs, then you have to have this.

And it's very different from, you know, a cake to a pie.

And sometimes it's just the way you order things.

And what David was saying was

those codes are so complex that if you took a string of, let's say, pearls and it wrapped, it was a long string of pearls that would go down to your belly, and it could wrap around your neck 15 times.

The genetic code for each of us and every animal is the equivalent of saying, okay, this one has to be a ruby, then a diamond, then two pearls, then an amethyst, and then whatever, you know, a piece of coral.

And they have to be in the right place.

He said, even with all of the time that we have,

it doesn't work.

And it also doesn't work with the Cambrian explosion.

So

he's saying, look, the code doesn't work.

And then the biggest thing that I thought was

they were explaining how if you're going to change an animal from one animal to another,

you don't do it at the end.

So in other words, you don't change a zebra to a cow at the end

because the first DNA strand is that of a zebra.

The first DNA strand is that of a cow.

And then you build it off of that.

If you take the genetic code of a zebra,

It won't have the bone density, it won't have the structure, it won't have the internal systems that a cow has.

So

you can't can't do it too late because then it's just a, you know, it's like a horse and a

donkey become a mule.

If you do it too late, you know,

it doesn't work.

If you do it too early, which you must do, the entire structure falls apart.

It is a fascinating conversation, a little heady,

but everybody should know it because

I believe this is the beginning of the real undoing of not only this nonsense of

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and changes, as Steve points out, all of the Marxist theories.

They all go away if this goes away

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You're listening to Glenn Beck.

I'm asking, I just wrote to John Bolt, who's one of my favorite co-workers, to post this at Glennveck.com, this Darwin thing.

It's really amazing.

Let me just read a couple of things from this.

Intelligent design is something only Meyer agrees with, but Berlinski replies it's three scientists, replies that as a scientific approach, one can agree or disagree, but you should not reject it.

Meyer talks about the major discoveries in the 1950s and 60s concerning the DNA molecule, which encodes information in a somewhat digital format, providing researchers with the opportunity to trace the information back to its source.

Galertner argues that if there is or was an intelligent designer, then why is the design not the most efficient rather than prone to all sorts of problems, including mental and emotional?

Robinson quotes Galertner: Darwinism is no longer just a scientific theory, but a basis of a worldview and an emergency religion for those many troubled souls who need one.

Galertner further adds that it is a fantastically challenging problem that Darwin chose to address.

How difficult will it be for scientists to move on from Darwin's theory of evolution?

Will each scientist need to examine the evidence for his or herself?

These are some of the

most important questions facing science in the 21st century.

I'm going to post this at glennbeck.com.

You really should watch this, watch this video.

It is three really smart, well thought out

people just having a conversation, asking really amazing questions, and I think puts Darwin's theory to bed.

Watch it.

And thanks to the Hoover Institute for putting that video and that conversation together.

You're listening to Glenn Beck.

I will tell you that it'll be hard for me not to do a Soros

joke or two, but I wouldn't, I hope.

Didn't do it to Ted Kennedy.

Didn't do it to Ted Kennedy.

Exactly, love.

Right.

It's just not.

It's just not right.

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I want to talk to you and tell you something

that no one in the media is talking about.

We talked about it six months ago.

I tucked it in.

It's probably something you don't even remember because it didn't seem important at the time.

But now with the economy and the trade dispute, it is something you must be aware of.

This hour, and we'll do it tomorrow, the next day, and probably

all week, I'm going to explain the economy and really try to show you where we're at, what the president needs to do, what you need to prepare for,

and why it could all happen, both the good and the bad.

And we begin in one minute.

This is the Glenbeck program.

Somewhere in America, within the sound of my voice, there is a man that taps the sustained pedal of an old piano with the toe of a Tacovis boot.

The honky-tonk joint that still carries the ghosts of old cigarettes and stale beer.

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Once upon a time his frontier was fame and fortune, but he found that to be

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You don't get character from fame and fortune.

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All right, so I want to,

there's a lot of people saying, oh, thanks to Donald Trump for wrecking the Obama economic policy growth and all the great things we had.

There's a lot of blame going around for the economy, and there's going to be a ton more.

So I want to start.

I'm going to take you three places today.

Who broke the economy and how they broke it?

What's really going on?

Then,

how the rest of the world views us.

And it's shocking.

We truly are the last best hope for mankind.

And I can tell you that because I'm going to show you how countries are putting their money where their mouth is, or actually their money where their mouth isn't.

They can talk America down, but boy, oh boy, they have a lot to lose if we fail.

And then I want to share something about China that is really critical for you to understand.

I call it the Trump card that no one knows anybody is holding.

First, let's start with the economy.

From America's Heartland, we see the headlines telling us farm and bankruptcies have reached levels not seen since the farm crisis in the 1980s.

And in some states, more than 80% of farms are now facing bankruptcy.

This is a real problem.

This was one of the mainstays and

one of the spines, if you will, or several of the vertebrae in the spine of the Trump election, farmers.

More than 20 American cities, virtually all of them Democratic strongholds, have a homeless crisis that have reached epidemic proportions.

While at the CDC, they are now having to dust the textbooks to figure out how to deal with outbreaks of typhus and cholera, tuberculosis, measles, polio, and the bubonic plague.

Progressivism has taken us to the Stone Age.

Since 2012, 95% of the wage and income growth is concentrated at the top 5% wealthiest households.

Same is true with corporations.

While 75% of the Fortune 500 companies have shown income growth since 2014, more than 60% of small business owners have reported shrinking incomes.

That's Main Street.

Also not good for the president.

While the Fed and Uncle Sam report that we're enjoying full employment, 100 million American adults are still not in the labor force.

Around the world, nearly all sovereign bonds issued by governments now have a negative yield, which I'll explain in a minute, including Germany, France, Japan, Italy, Belgium, Switzerland, the UK, Brazil, and South Africa.

Even when adjusting for population growth, student debt, corporate debt, credit card debt, government debt are now all at all-time highs.

Something is broken, and many of us are holding our breath and hoping that things are going to be okay because we have some positive things happening.

But there are others all around the world that want this economy to fall apart.

Something's broken.

So, now where do we put the blame?

Well, Trump broke it.

He cut taxes while dramatically increasing government spending, sending our deficits and debt to levels that exceeded the worst of the Obama years, and he has put tariffs on more than 40% of the goods imported into the United States, which makes things more expensive for the average person.

But then again, maybe it was Obama and the Democrats distorting more than 20% of the U.S.

economy with Obamacare, sending health care costs soaring and making millions off of student debt by making people into serfs, by using federal student loans as a piggy bank to fund healthcare exchanges.

Or maybe it was the Fed in Wall Street who created created the housing crisis with ultra-low interest rates after the dot-com bubble, and by turning the mortgage industry into speculation, a futures market with collateralized debt obligations.

But maybe it was Bush II.

I mean, Bush II, he got us into two forever wars in the Middle East, costing the taxpayers more than a trillion dollars and resulting in what, negotiations with the Taliban?

Couldn't we have done that in 2003?

Iraq and Afghanistan are both still in shambles.

Syria is still run by Assad.

Iran is currently seizing oil tankers at will in the Gulf.

And our will to fight is at an all-time low.

But maybe it was Clinton, because Clinton is the guy who federalized Fannie Mae and Freddie Mac in a bid to help poorer Americans who couldn't afford down payments to gain the access to the American dream and home ownership, resulting in millions of Americans living in homes they couldn't pay for when unemployment spiked.

Of course, then again, it was probably Reagan's fault because Reagan implemented a successful program to end the Cold War, but he did it by outspending the Soviets in a military buildup, but in turn sent the budget deficit soaring for the first time.

But I don't like to blame us, so let's look to the Saudis because it was probably the Saudis who in the 1960s colluded with the U.S.

to create the petrodollar, forcing all nations to pay for oil only in U.S.

dollars, trapping all nations around the world against their will onto the U.S.

dollar standard so long as the House of Saad controlled OPEC.

Or it could be Nixon, Nixon who took America and the world due to the Bretton Woods Agreement, which tied all global currencies to the U.S.

dollar, off the gold standard in 1971.

That way we could have a never-ending cycle of credit expansion and inflation, and that's what really pushed the world to economic disaster.

Or it could be Johnson who said, we'll spend our way out of poverty.

We'll make sure that no child is ever poor.

Our federal debt today is about $23 trillion.

We have spent on this war on poverty.

Coincidentally, about $23 trillion, and nothing has changed.

Then again, it could be Franklin Roosevelt.

I mean, Franklin Roosevelt and Lyndon Johnson, they created Medicare, Social Security, farm subsidies, unemployment insurance, three programs which together consume over 70%

of all federal tax revenue, turning America into the largest and costliest welfare state in the history of the world.

We spend more than the Soviet Union did, with a total cost of $2.5 trillion

per year.

Now, we've got to go back further.

Who destroyed it?

It was probably at the creation of the Federal Reserve, when Congress formally abdicated its constitutional responsibility to maintain and defend the nation's money supply, gold and silver, instead handing control of our monetary system and currency to a cabal of private banks, which we still don't know which ones they are, and bankers who shifted the U.S.

and the world to a fiat currency system.

I mean, I could go on, but I think you see the dilemma.

What ails the U.S.

and the global economy is not Trump's tariffs, though they are a bad idea, in my opinion.

It's not the transition from fossil fuels to renewable energy.

It's not the bank and corporate bailouts of 2009 that papered over the financial crisis with ever-increasing unpayable debt.

It's all of these things.

It's 100 years of misadventure through progressivism in foolhardy policy failures.

Evaluating each one in a vacuum can make it seem like it was a good idea at the time.

But when you examine it as a connected series of events in context, what do you get?

You get a clear picture of policy decisions that made an eventual global financial crisis a matter of unavoidable inevitability.

Period.

So, who broke the economy?

Well, if we're going to be honest and we're going to talk about what's coming and how to fix it, we all have to stop the finger pointing and say we all did.

In one way or another, we all did.

Our grandparents, our parents, and us.

And now, your kids will break it even further by doing more of the very thing that started us along this misadventure in the first place: more government intervention, more central planning, more socialism.

That's the root of it.

If you look at the entire litany of poor policy decisions that have brought the world once again to what many believe is the brink of economic disaster and possibly world war, the seed of which sprouted the poisonous tree was the idea that the natural self-organizing and self-correcting economic cycle ever present in a free market economy should be controlled by directors and government bureaucracies.

And as usual, more government will not be the right answer, but it will be the one I believe even Republicans will clamor for in the coming storm.

That's exactly what we can expect the experts to try yet again.

What is the definition of insanity again?

Here's why we must not do that.

America, the last best hope for mankind, truly,

and the numbers explain it.

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We break now for 10 seconds.

Station ID.

Since the end of World War II, and even more especially since the U.S.

took the entire Western world off the gold standard, and that's when Nixon closed the Fed's gold window in 1971, all of the nations on earth went on a binge of credit expansion.

It's why none of us would be willing to go back and live into the 1960s at their standards, because we've bought all of this stuff on credit.

And for a long time, the technological expansion that enabled massive population growth made this work.

For all the new currency that was created through ever more debt-denominated currencies, new populations were created to absorb, support, and repay that debt.

New food was grown, new industries, new workers, new consumers.

But what happens when that expanding debt dramatically starts to outpace not on the rate of the population growth, but the rate of productive population growth?

Western first world populations capable of absorbing every expanding debt expansion peaked in 2009.

So in other words, our population is still growing, but not with the right kind of growth.

They're not people that can help us pay for this debt.

Since that time, populations for Germany, the UK, France, Canada are all flat.

Now, there's a population explosion and expansion in the US, Austria, Italy, Greece, but 81% of that expansion in those countries is due to immigration and largely from second or third world countries.

Now, this is not about anything to do with cultural or immigration stats or anything else.

This is all an economic stat.

Immigrants from second and third world countries coming into modern Western civilizations generally take two to three generations to be able to absorb debt and credit expansion by contributing to, in a significant way, to tax base and debt payment capacity.

So in other words, we're going to have to wait for them to be able to afford all of the things that we're spending right now.

And because they're here and not contributing in a significant way to the tax base, we are racking up even more debt because they are costing us money.

This is happening all over the world.

As of Q2, 2019, now listen to this.

94% of the yield, so 94% of the profit on sovereign, that's government bond debt,

94% of the profit on government bond debt comes from the United States of America.

Sovereign funds are what the UK has and everybody else.

They have a collection of money.

They invest it in bonds.

94% of what they get by buying those bonds, the profit comes from us.

The United States of America also represents 81%

of all AAA corporate bond yield among all G20 nations.

So, in other words, it's Apple, it's General Motors, it's all American companies.

81%

of

the profit coming to the rest of the world is because they've invested in American AAA companies.

Eight of the G20 nations now issue 50 or 100-year bonds

at zero interest.

Let me say that again.

Eight out of the G20 nations are offering 50 to 100 year bonds at zero.

So in other words, if you are in Norway and you want to make sure that you have $100 in 50 years, you park it in their 50 or 100-year bond at zero.

You park it there, and in 50 years, they give you $100 back.

So all that money is parked and no one's making any money off of it.

Zero of the G20 nations project a balanced budget or positive budget.

Zero

are projecting a positive budget over the next 20 years.

China is the worst offender on the planet.

If you think our debt spending is crazy, China at a rate of negative 487%

of GDP growth over 20 years.

The U.S.

is 10th in the world at 68% of GDP growth over the next 20 years.

So this is what this means.

Whatever our GDP, whatever it is we all make together, over the next 20 years, take 68% of that number and add it to our debt.

There's more.

Taken as a whole, over 81% of government spending for G20 countries will be spent on entitlement programs and pensions.

Among the G20 nations, 16 have population declines by 2030.

They're all counting on the United States of America.

We are their only profit center.

The problem is, we're in trouble too.

And the math doesn't add up for the West.

You're listening to Glenn Beck.

All right, let me tell you about the US CCA.

It is no secret we're living in scary times and things could get worse.

People commit horrible, violent acts.

Now, politicians using the wrong legislative policy to try to combat that violence.

Oh, we need more gun laws.

No, we don't.

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Okay, all this week, we're going to be talking in this hour.

I invite you, if you've just joined us, to go back and listen to the podcast.

You can hear it on iHeart,

you know, the iHeart app or Apple or whatever.

But this is an economic special through the week because I think it's very important that you understand what's around the corner.

And today, we've been talking about who broke the markets and how.

It's all of us.

And throughout the last hundred years, it's flawed thinking that has to be changed.

And then how the rest of the world is relying on us.

The only profit center for these countries in their investments are all coming from the United States and what the debt looks like overseas.

All right.

I want to give you one more piece today.

And

this is something

that

I urge,

urge the president to please

pay attention to.

He is playing an extraordinarily dangerous game right now with the Chinese.

The Chinese, if you remember in

the early 20th century,

the United States under Wilson forced Great Britain to choose either the United States or Japan.

And it was in the arrogance of Woodrow Wilson and the progressives.

The British said, please don't, you don't understand the Japanese, please don't make us do this.

And we did.

Well, they never forgot that in Japan.

And that is one of the key elements of why they bombed us in 1941, because we humiliated them.

We are currently humiliating the Chinese, and that is not something that you go back from.

They will remember this.

Now, they have

no pun intended, a Trump card that we talked about six months ago.

And I want to explain it to you because I want you to know exactly what nobody's talking about this because they all want to play politics.

I don't care about politics, I care about you having some money left over, you having a job, all of us having a country left.

This is why this is getting very dangerous, because we are seeing the escalation back and forth, the trade war threats.

China came out today and said, we don't want any more of this trade war.

Hopefully, the president will now sit down and do it.

However...

We are seeing more product boycotts.

We're talking now, the president is saying companies need to leave China.

We also have a new plan to sell Taiwan billions of dollars of advanced fighter jets.

A warship, a U.S.

warship sailed through the Strait of Taiwan.

This is not a destroyer.

This was a marine transport ship capable of carrying an entire regiment of U.S.

combat troops and support vehicles right.

Right in between Taiwan and China.

They don't, that's humiliation to them.

Now, here's what I want you to know that you won't hear elsewhere.

We reported this

about six months ago, and it is what the communist, the Chinese Communist Party has up its sleeve in any economic war.

Recall that we covered this on the Blaze and on this radio program during the first quarter of this year.

And what we talked about was how China's central bank created $50 trillion

U.S.

in off-balance sheet currency between 2015 and 2018.

Now, this was according to the People's Bank of China, their annual financial stability report.

It was on page 62.

We told you, this is just them saying, oh, you know what?

We're going to open another set of books and we're going to make $50 trillion.

We're just going to print $50 trillion.

Now that $50 trillion created from thin air was loaned to Chinese banks and government-controlled companies.

It is not counted on their balance sheet as public debt.

It's actually being counted as an asset since it was loaned off the balance sheet from the central bank to the Chinese.

This sounds bad for them.

But I want you to continue to listen.

As reported in Foreign Policy magazine, an estimated 25 trillion of that currency was used to refinance zombie companies and the banks had.

They're building these cities.

There's nothing.

They're building these companies.

They're nothing.

They're all declining.

They're all falling apart.

And so the Communist Party is propping them up.

So half $25 trillion was loaned to support these companies and these ghost cities.

The other $25 trillion was used to invest in Western financial markets via offshore entities, which means no one knows who owns what stocks and bonds and funds.

Of that, between $14 and $16 trillion the Chinese took and invested in our equities,

stocks,

all held in these shell corporations that we don't know.

Another 10 trillion invested in other Western equities, including real estate, stocks, and bonds of the the U, Canada, and Australia.

Now, Rubio got wind of this in late 2018, and in March 2019, he introduced the Equitable Act, an amendment to the Sarbanes-Oxley Accounting Act of 2002.

It would require any foreign corporate entity wishing to acquire U.S.

equities to report on ownership structure, the parent companies prior to executing an equity purchase.

Not a bad idea, but the act would not be retroactive.

So the $14 to $16 trillion

controlled by the Chinese Communist Party via the shell companies and banks is already done.

So what does that all mean?

Do you remember when the financial crash happened in 2008,

the Pentagon reported that there was a flash crash, somebody, a sovereign fund, which is not $16 trillion,

a sovereign fund pulled all of their money out of the stock market, which precipitated the crash.

What this means is that the Cold War between us and China could turn into a very hot war, financially speaking.

And the president of China has his finger on a massive launch button.

And that button doesn't say launch missiles doesn't say nukes it just says sell

if the president orders the chinese government or the communists order these companies a sell order

he can affect it if effectively crash all of our stock markets

and since we're talking about funny money because they They just printed it, they don't have any problem.

I mean, no skin off their nose.

It's not real money.

They're playing with monopoly money, and they could crash our markets.

Now, it's unlikely that our president has no idea that the Chinese hold a significant amount of U.S.

stocks.

On the books, China officially states that they own about $3 trillion of our stocks and our real estate, not including the $1.6 trillion in U.S.

sovereign bonds.

So when they say they're funding our debt, what they have is $1.6 trillion of our bonds.

We are now talking about $14 to $16 trillion

in our stock market alone.

In total, that's $25 trillion in Western U.S.

equities and real estate.

What isn't clear is our appetite to take this risk and how real we think this threat is.

But make no mistakes,

the Chinese Communist Party seems positioned to weaponize our U.S.

financial assets against us should they choose to turn a Cold War into a hot one.

And everyone will poo-poo this.

Everyone will say it won't be in their best interest.

And that's true.

But when you're dealing with communists,

the Chinese, and people who look at humiliation completely differently,

do not expect those people to play by the rules you understand.

Tomorrow,

recessions, good for economies, bad for presidents.

The president, I am praying that the president

is

about at the end of these

trade

embargoes.

And it looks like maybe he will be.

It looks like the G20 was really good.

China has signaled that they want an end to it.

And if the president

will

agree to that, we could be past this and our economies will start to pick up and roar again.

But we'll explain why recessions are good for our economic situation in the long run, but very bad for presidents on tomorrow's second hour of this broadcast.

Also, the next day, MMT.

It's not modern, it's not monetary, and it's not a theory.

But you're going to hear a lot about it because the politicians are already talking about something called MMT, and it is the most terrifying thing I have heard, because it comes from the Stone Age.

And then the next day, what do we all do about it?

All this week on the Glenbeck program.

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This is the Glenbeck program.

Oh, boy.

We're just watching the end of the G the G7 summit.

It wraps up in France.

Macron has just been dogging along with the president at the press conference saying, hey, you know, what we have here is a problem of communication.

China is playing some games, and Mr.

Donald Trump is destabilizing things.

And Trump is just standing next to him, like,

I'm about to say something, Frenchy Frenchman.

Yeah.

He doesn't look happy about it.

He does not look happy.

And Pat and I were just sitting here watching the screen.

We just watching the body language and reading the text.

And we're like,

what is he going to say?

What is he going to say?

It looks like they had some breakthroughs.

Is that your read of it, Pat?

Yeah, I think that's the way it's being reported.

Yeah, they had some breakthroughs.

And that it went pretty well.

Although,

not if you're to listen to CNN, but nothing goes well with Donald Trump, according to CNN.

But everybody else is reporting that it actually went pretty well, and they ironed some things out.

But then Macron was just talking about that the trade war between the U.S.

and China has to end.

And I'm not sure how pleased.

President Trump was with what he was saying.

So he's now saying that, look, China has lost three to five million jobs and it's about to get much, much worse.

And these things are effective.

And this kind of goes to what we were talking about.

People will say, you know, they've got all this money invested in our bonds and our stocks and they're not going to throw that away.

Well, what you don't understand is what we're living through right now is a global policy of

equalization.

We're all just kind of bringing the economies down and bringing the dollars and

all of our economic systems down slowly so it could be restarted in a new, grand, unifying way.

Donald Trump is not on that bandwagon.

And Donald Trump is like, no, I think we should go the other way.

Well, the whole world has said, no, no, we all agree that we should all bring our economies down.

Because that's the arrangement they had with Obama.

Yeah.

Obama was fine bringing the United States down to the rest of the world.

I think George Bush was too.

I think he was.

I mean, you know, we talked about this under George Bush.

We have to abandon the free enterprise system to save the free enterprise system.

Right.

That's what that means.

Yeah.

And we'll just bring it down and we'll land the plane.

We talked about it in 08.

We had a choice.

slam into the side of a mountain

or land in the trees.

And we landed, landed, we're trying to land in the trees.

And that's what everybody is doing.

And Trump is like, no.

How about we don't crash?

How about we don't crash?

How about we avoid the mountain and we don't crash into the trees?

Well, the rest of the world doesn't like that

because we have the ability to actually do it.

If China has the choice with the debt that they have going, they're going to crash.

And they'd rather bring all of us down so we're on a level playing field than leave the United States standing.

You're listening to Glenn Beck.

That is one of the most outrageous things ever.

So outrageous.

So outrageous.

He may be responsible for many million more deaths than Hitler, Stalin, and Mao.

Are you kidding me?

Unbelievable.

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The fusion of entertainment and enlightenment

Some Americans are warming up to socialism

Yay!

Even Miami Cubans are starting to warm up to it.

We have real problems here in America, and we are starting to look at

our morals and

all the things that we have ever held dear, all of our ideals are all changing.

We'll get to that and so much more in one minute.

This is the Glenbeck program.

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Okay.

So America's values have changed.

The values that Americans say define the the national character are now changing as younger generations rate patriotism, religion, and having children much less important than young people did two decades ago.

NBC News and the Wall Street Journal did a survey, Americans 21 years ago, to say which values were most important to them.

Strong majorities picked the principles hard work, patriotism, commitment to religion, and the goal of having children.

Today, hard work is the thing that remains at the top of the list.

But the other three values have fallen substantially.

61% in the new survey cited patriotism as important to them, but it was down 9 percentage points from 1998.

50 percent cited religion, but that was down from 62.

Some 43 percent placed a high value on having children, but that's down 16 points.

So

that's not good because

those are the legs of the table.

Patriotism for the sake of patriotism means nothing.

But if you are looking

at the country, I was sitting next to somebody in church yesterday

and really,

really decent woman,

great.

She's younger than I am.

She's raising a family.

And we were talking about something.

And she said, just almost out of rote now, she said, you know, and I know America was based on slavery.

And I said, what?

What?

And she said, America was based on

racism and slavery.

And I said, no.

No, it wasn't.

Would you come over to my house today?

So her family came over to my house yesterday.

I spent about two hours showing.

No, no, that is not

true.

That is not true.

And we have to stop believing this stuff.

We have to start looking at the truth and say, okay, so were there bad guys?

Yes.

Are there bad guys now?

Yes.

Are there bad guys in China, which is communist and old lovey-dovey?

Yeah, a lot.

Are there some good things that are coming out of China?

Sure.

Were there some good things that came out of Venezuela?

I can't find them.

But apparently, teachers can.

Do you hear about the teachers that went down to Venezuela?

Yeah.

The teachers' union people from the people.

Teachers' Union people from Chicago.

They come back and they're just full of joy with how great things are in Venezuela.

They said they saw no poor people in Venezuela.

Are you out of your mind?

What do you think?

You think this is like 1912 where where we can't communicate with people in Venezuela?

Unbelievable.

Things are changing dramatically.

And look,

we are being boxed in.

And you have to understand that.

What's happening in the world right now is there is a big change on the horizon.

We're going from

the kind of economy that we've always had to to a complete,

completely different digital

and technological economy that really doesn't need a lot of people.

Did you see that the government now is starting to tax companies that are replacing people with robots?

I told you.

Now, wait a minute.

Can they do that?

Taxation without representation?

Who's representing the AI?

So, and believe me, that will be brought up within 10 years.

What exactly, how are we going to navigate this world?

How do we change something as dramatic as the Industrial Revolution?

But this one's going to happen in 10 years.

And we're in the middle of it now.

We're about a year into it.

How are we going to manage this?

How are we all, why is it that no one seems on either side to care about the debt?

Because everyone in the world doesn't care about the debt.

Now, why?

We just talked about this last hour.

All this week, in the second hour of this broadcast, I'm doing something on the economy, the things that you need to understand.

Because the time to prepare is almost past.

And this one's going to hit hard.

When it hits, it's going to hit hard.

Might not hit for a long time, might hit tomorrow, but you better be prepared.

And you have to know the facts because we're being boxed in to one way.

We are currently having a controlled decline.

The entire world is on a controlled,

I hate to use the word self-destruct because it seems like that blows up and there's nothing left.

What they're trying to do is bring everyone down at the same time so all of us are equal and we're all equally miserable so they can reset and start something new.

We talked about this, the seeds of this sown by Barack Obama and maybe before that, but Obama was certainly

Obama was the first to start to move in this direction seriously.

But we've been moving in this direction.

Yeah, we've been moving in this direction for a long time.

And if you want to see the real first obvious move, it was George Bush.

I'm going to violate the free market, save the the free market.

And that was a controlled decline.

Now, Donald Trump is looking at,

no,

I don't want to do that.

I don't want to do that.

Now, whether he

is knowingly doing this, but this is why he's causing so much tension around the world, because

he's not playing the game.

He's not playing the game.

He's not willing to play the game of the central bankers and everyone else.

And Boris, what's his name?

Johnson?

Boris Johnson.

The prime minister, he used to not like Donald Trump.

He avoided Donald Trump back in 2015, said he was a buffoon.

Now they're like buddies.

Why?

Because

Boris Johnson is doing the same thing Donald Trump is.

Donald Trump, I think, is doing it just because of his gut.

Boris Johnson is smart enough to wear his gut kind of says this, but I bet he intellectually understands what's going on.

And here's what's going on.

The people at the G20 this weekend, people like Macron, France,

they want to keep this on a controlled decline.

Let's not have any bloodshed.

Let's not have anything.

Let's just bring it down and

we'll reset and we'll figure it out when we get to the bottom.

So he's choosing to be with the elites, the bankers, the central banks, the politicians, all of those people who are like, no, no, no, we got this, we got this.

He's playing the old game.

Donald Trump and Boris Johnson are not playing that game.

They're picking the people.

I'll be with the people.

In the end, historically speaking, the ones who win are usually the ones who stick with the people.

Sometimes they can go awry.

If they start violating principles, then they just go awry and they lose in the end as well.

But it's the people like Macron, historically speaking, that get their heads chopped off first because the people say, I'm not doing that.

My question is,

in what we did last hour, Pat,

I think if the president got on and said,

I want to show you, I want to explain what's happening.

and laid out what I laid out last hour and showed you how the rest of the world is relying only on America.

All of their income, all of their investment money is all coming from either U.S.

stocks or U.S.

bonds.

They are getting nothing elsewhere.

And they're dumping money into us.

So if we fail, they definitely fail.

So if the president came out and said, look, what's happening around the world is a controlled decline.

And I just don't want to peter out like that.

I don't think that's right.

I think we can turn this ship around, but we're going to have to tighten our belt.

We're going to have to do some things.

And he really explained that the rest of the world really is depending on a United States of America.

I'm not in on this plan to fundamentally change who we are.

I'm on a plan of saying we're better than this, and people fix it when they're unleashed.

And actually unleash the people, take down all of these barriers here in the United States, all of these, all the bureaucracy here in the United States, and say, it's up to you to fix it.

You have to be responsible.

You have to live within your means.

The United States of America is going to start living within her means.

The rest of the world may balk at that because it will mean real trouble for them

because we're stepping out.

and saying, we're not playing the rest of the world's game.

That's what Washington would have done.

That's probably what Lincoln would have done.

It's not what FDR, well, I can't say that.

FDR would have used it to America's advantage.

He would have made sure we were at the top of the heap in the controlled

decline.

That's what we did in World War II.

Do you think people would freak out by that?

Or do you think they would step to the plane?

No, I think they'd respond to that.

I think Americans would respond to that challenge.

If he made it really clear that the rest of of the world and pointed out all of these figures and helped Americans understand where we are financially in this global economy and said we're not going down with the rest of them.

Isn't it amazing in 20 minutes how easy it is to explain?

Yeah.

And no one is explaining it to you?

Yeah.

And it's like, wait, what?

Hold it.

The fact that...

We have lent out, we just printed up $50 trillion and lent it out.

No, we didn't.

No, the Chinese government.

Or the Chinese government.

The Chinese government.

They lit $50 trillion

off the books, and you can find this in their own report on page 66, last year's economic report.

They printed out of thin air $50 trillion.

Give some perspective on how much money that is.

According to the CIA, the total amount circulating in the world is $80 trillion.

So all the money

is broad money with that.

I guess broad money is the money that you use to impress the broads.

No,

no, I don't think that's what I mean.

That's not what it is?

I don't know what broad money means.

What is it?

I think that means

like when you include treasuries and stocks and bonds.

Yeah, it should be all paper money that is being used because that's only 60 trillion.

60 trillion.

Yeah, so the Chinese, what is that?

90%

that the Chinese just printed out of thin air.

Thin air.

And then they took half of that and invested it in their own ghost companies and ghost villages.

And the other half they put in U.S.

stocks

through offshore companies.

So think of that.

They took 80%

of every dollar printed

in the world.

In the world.

They took 40% and just put it into our stock market.

That's nuts.

That's bad.

That is so dangerous.

So dangerous.

And if the United States says, you know what, we're not going to play this game and it's between China and the United States,

the Chinese would much rather play on a level playing field with both of us destroyed than just them destroyed.

Don't you agree?

Absolutely.

I mean,

they think that they will survive, and they probably would.

They have more people, but they would probably survive better because they're closer to living,

you know, in caves without technology and air conditioning than we are.

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We pause for 10 seconds, station ID.

So I was in church yesterday, and as I was sitting there, they said we'd like to read a statement from the church, and that is that the state of Texas has decided now that you can carry open or concealed in churches.

This is a new thing.

Only Texas, man.

Yeah.

That's just.

I mean,

I love the fact that Texas, no matter what anybody.

Everybody directed every time.

You guys go ahead and do that.

We're doing this.

It really is that, you know, what Davey Crockett said: you can all go to hell.

I'm going to Texas.

It's the rest of the country.

You can all go to hell.

You're getting rid of guns and everything else.

Whatever.

Hey, by the way, here in church, you want to open care, you want to put a sidearm on your hip, have a good time.

That is nuts in a great way.

That is nuts in today's society.

Now, some churches are saying, and ours says.

Including ours.

Yeah, you can't

carry a gun.

This is a place of peace and everything else.

Kind of leaves us sitting ducks, though, if somebody else doesn't follow that.

Kind of leaves you a sitting duck

if you decide

to really

listen to all

things.

And I had a problem hearing that yesterday.

Oh, you did?

Because it sounded like like to me, you were just explaining it pretty well.

I know, I also, I think I might have 24 hours Alzheimer's.

But it's really,

I think there were a few people that were like who took umbrage to that.

I wasn't listening.

I didn't hear that.

Because, you know, we've had problems.

Yeah.

We've had problems because of me, but we've had problems.

And it was the greatest.

I thought only in Texas we had somebody come in and

started, you know,

doing some things.

My family

was pulled out, and immediately four guys that were just sitting in the pews that all had guns, they all just kind of stood up and escorted this gentleman to a nice, nice police car.

And they took care of it themselves.

And

it was pretty amazing.

Pretty amazing.

And who knows what could have happened if we all weren't wearing guns.

I mean, people don't understand, you know, the deaths, or what is it?

I can't remember the numbers, but it's like it over double, maybe three times the amount of

life-saving measures are taken than there are losses of people in a shooting.

There is like

750, I can't remember the numbers, but

it's like two or three times the number of people that use a gun to stop somebody from killing them every year.

And you never hear that.

No, you don't.

You never hear that.

The other thing is that

over 90% of the mass shootings happen in gun-free zones

where you can't have a gun.

Well, why?

Well, because they know they're going to be safe to go and murder people, and nobody's going to be able to retaliate until the police arrive 10 minutes later.

Well, I know in some churches, you know, in some states, you can't carry a gun.

It's legal to carry a gun in a church.

And now in Texas, so if you're thinking about doing anything in a church,

now I want to try another state.

I'm just saying, because Texans

kind of take their own security in, you know, into their own, into their own worlds.

You know, they're not really the kind that wait for the cops to show up.

Yeah.

Ever, ever, ever.

All right.

Back in a minute.

This is the Glembeck program.

So I want to tell you a little bit about Goldline.

With everything I told you in hour number two, and if you missed it,

you shouldn't.

Go back and listen to it in the podcast.

Gold or silver is a very good investment right now.

It has been going through the roof over the last few.

And as people begin to understand what we're really facing, what's really happening, gold is going to continue to go up, I believe.

Now, I don't buy it for investment, so don't listen to me on investment because I'm not qualified to tell you that.

I am just, well, I will tell you this.

I bought it at $300 an ounce and what's it at?

$1,500, $1,600 an ounce today.

It's, you know, it's been a good investment for me, but, you know, that doesn't mean anything.

I will tell you that the world, as it gets crazier and as things become more unpredictable, they turn to gold or silver.

My goal in the rest of 2019 and 2020 is to make sure that I have battened down every single hatch, and Goldline is a good place to start.

1-866-Gold Line, 1-866-Gold Line, call them now.

Come share some Christmas joy with Glenn in Salt Lake City, Utah, December 7th.

Go to Glennbeck.com and you can get all the details there.

I'd like to have some laughs at the expense of Joe Joe Biden.

Joe Biden had an interesting weekend.

He starts with an interview where there's no audio of it.

It was a magazine interview.

Yes, people apparently still read them, or at least they write them.

And he said, you know what?

If you have a problem with my age, don't vote for me.

Done.

Done.

Yeah.

I don't know if you should, you know,

say that.

Probably not.

Yeah.

It's almost like his wife's thing last week, where, you know, I know there's a lot of other better candidates than Joe with better policies than Joe.

But, you know, who can win?

Who can win?

Joe can.

I don't think Joe can.

I don't think so.

I mean, Joe has, I've never felt this way.

And I would not say this just to dogpile.

I'm not going to dogpile on this guy.

I would not, I would, you know, if you still have all your faculties, I think the wisdom of age is really critical.

But not everybody keeps their fat.

I mean, I know somebody who is what 91, 93 years old, and that guy is, you can't keep up with him.

You can't, I mean, he's clear thinking.

He's just moving at 100 miles an hour.

I have no problem with that.

I do have a problem with somebody who's in their 70s and starting to sound, oh, I don't know, a little like this.

Here he is at healthcare.

We have Joe Biden Biden with health.

If you're not satisfied, you have another option.

High-quality options.

The public option will be available in my plan.

We'll make sure it's not a quality.

We'll make sure it's only affordable.

Probably it's affordable.

We're going to make sure it's not quality.

It's only affordable.

What do you want?

Both, you greedy bastards?

You can't have them both.

I love it.

Joe.

Joe.

I love it.

Stop.

No.

Just stop.

Then he's

okay.

He's in New Hampshire, and he's talking to a reporter about how beautiful the state is in New Hampshire.

Here's what he says.

I'm back.

I've been here a number of times.

Last time was, I think,

all the way back in 2014, but I've been here before that.

I love this place.

Look, what's not to like about Vermont in terms of the beauty of it?

And what a neat town.

I mean, this is sort of a scenic, beautiful town.

New Hampshire.

Share's been a good guy, and everybody's been really friendly.

I like Keene a lot.

Maybe he's just jumping ahead to the Vermont primary when New Hampshire is number two.

But I mean,

what is bad to say about Vermont?

No, New Hampshire, I could go off on New Hampshire.

New Hampshire is, I mean, it just blows chunks.

But what could we say bad about Vermont?

That's the old adage of answer the question you want to answer.

What do you think of New Hampshire?

You know what?

Vermont is beautiful.

Vermont is beautiful.

Everybody is so nice, Vermont.

What could you say bad about Vermont?

Then this is just weird.

This is, I don't know where this kind of comes from.

By the way, this is just this weekend, just so you know.

All of this happened over the weekend.

Here's Biden imagining,

well,

he'll share it.

My two political heroes were Martin Luther King and Bobby Kennedy.

My senior semester, they're both shot and killed.

Imagine what would happen if, God forbid, Barack Obama had been assassinated after becoming the de facto nominee.

What would have happened in America?

Where does that come from?

I don't know, but it didn't happen.

Yeah, it didn't happen.

So why would we imagine that?

What is the point of that?

Imagine that.

Imagine what would have happened if Ronald Reagan had a nuclear weapon in his pants and he just went to Kansas and blew up.

He just

was gone.

Wow.

I mean, right on, man.

I mean, what would have happened, man?

where

what was his point i don't know very strange what was it very strange imagine what would have happened yeah well it didn't happen and isn't that a point in america's favor seems like it yeah yeah it seems like it uh then he was describing his his longtime friend and how he had a little difficulty doing again still this weekend yes my long friend time friend and she's a friend she's been my friend in and out of public life my long friend long friend time friend, friend, friend.

She's been my friend.

My long friend.

She's very long.

She's also a time friend.

She's a time traveler.

Long, maybe, it's the spaghettification that she was experiencing near one of the black holes, but she's a friend friend.

Listen to that again.

It's awesome.

This is great stuff from Joe.

My long friend, time friend, and she's a friend.

She's been my friend in and out of public life.

That looks crazy.

My long friend, time friend.

So do you think he's trying to

correct it as he goes?

I think so, yeah.

And he just can't.

He just got into one of those

time tunnels where you can't have it back, and you just wish you could.

I wish I hadn't started this sentence, but now it's too late, and I'm trying to correct it.

I think he's going to get to the point where he wishes he didn't

start this campaign.

I think so, too.

Because I think he really is.

Yeah, I don't think he necessarily wants it that much.

And maybe that's where it comes, you know, his statement that if you think I'm too old, don't vote for me.

That doesn't sound like a guy who really wants the nomination.

It sounds like a wife that really wants the nomination.

Please, he will come home to me.

Please, I know there's lots of other quality candidates better than Joe, but please vote for him.

I mean, that sounds like a desperate wife.

It's a plea.

It's a plea.

It really is.

And yet he's still way ahead of the field.

He's still, you know, the last poll I saw, he had 30% support in the party compared to Elizabeth Warren, who was second at 15, and Bernie Sanders had 14.

So he's still doubling the field.

But if he goes into full-fledged dementia before the election,

and we have Donald Trump

debating a dementia patient,

it wouldn't be good for the presidency, but it would be fun to walk.

It would be very,

very fun.

Have a lot of audio to play.

It'd be great.

It'd be good for us.

Yes, it would.

Bad for the country.

Good for the laughs.

Good for the laughs.

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You're listening to Glenn Beck.

Here's an interesting development in the United States.

A member of the Santa Rosa, California City Council

said that

he had a problem early in 2018.

He knew they were having a problem.

He started getting calls from constituents that oppose

the making of 5G networks.

And he said they were on opposite ends of the spectrum.

You know, they were from crazy right to crazy left.

And he said that's a concern for property values and health and blah, blah, blah.

It could cause cancer.

You know, there's apparently absolutely no concrete evidence of that.

No, none.

None.

None.

They don't think it's anything any worse than any of the others cell towers we've got.

No.

This is,

I believe this is

Russia and possibly China disinformation.

Because if the United States does not compete in 5G, we lose.

We are India.

We're literally India overnight.

People, I cannot

overstate the importance of 5G.

It is the backbone on what the future will ride.

If we don't have 5G, literally, overnight,

we will be India.

There's no lag time, right?

There's no...

There's no lag time.

There's no.

It's full immersion into the internet.

When you've got good coverage, you're not going to have any of the spinning stuff that

the reason why we don't have the

self-driving cars are pretty close to being ready.

And they will be ready with 5G.

If we don't have 5G, you won't get self-driving cars.

Right.

Not the kind that we need to really drive themselves.

We already know that

only the best surgeons are going to be available, and they're going to be available all over the world

and

they can do operations anywhere.

So you could be a great surgeon in Kansas City and you could be operating on a patient in Australia that day with 5G.

You don't have 5G, you cannot,

you won't be able to react to stop the bleeding fast enough.

It is, it is all communications will be done on 5G.

So the 5G network is,

you know, is going to be what we all say, you know, maybe in 20 years.

Ah, that was Skynet.

Shouldn't have built that.

But at least I don't have cancer.

So please do your homework on 5G before you say,

no, I heard it on, you know,

the basement show with the guy who lives in his basement.

I hadn't heard the theory that it might be China or Russia.

I think that's a good theory.

Yeah.

Definitely could be.

It could be disinformation from them.

I think it is.

And Russia more than China even.

But I think it is.

There's a paper that's currently being promoted by NYU.

that calls on society to consider the rampant sexual exploitation of dairy cows by the milkman.

Finally.

Yeah, finally.

Somebody said that.

Finally, somebody is addressing this.

Finally, we're.

So the exploitation or rape?

Both.

Both.

Yes.

Both.

Yes.

It's titled Readying the Rape Rack, Feminism and the Exploitation of Non-Human Reproductive Systems.

That's the paper.

It was published Friday in a journal called Dissenting Voices.

And it talks about the sexual exploitation of non-human bodies, specifically dairy cows, because you haven't received their permission to milk them.

And that's essentially akin to rape.

You've actually raped them.

Well, that's actually not

rape.

That's not rape.

But they also impregnate them.

They do that.

And they don't have permission to do that.

May I say, the bull doesn't care.

I've handed the forms out to the bulls on my left, and they come back every time after a night of loving it up without a single signature.

Oh, my God.

They don't care.

They don't care.

You know, it's weird.

I don't have to whip them or tell them, hey, I think that one's got the hots for you.

They do it on their own.

They do it on their own.

But they do get, like, I mean, they do get permission from the

force them to buy flowers.

Okay, I force them to buy flowers.

At least buy her a drink and some flowers.

And

are there flowers usually before the event?

Of course there is.

Of course, okay.

Of course there is.

It's a farming utopia.

Because it would be

savage, really, not to at least have some romanticism before the event.

Yeah, I don't know if you've ever seen it and you don't want to see it, so don't Google it.

I haven't seen it and I don't know.

But

it's not a pretty process.

It's really not.

You'll be standing there, you'll be doing something, and you're going to hear,

and you're like, what the hell is wrong with that and then you turn around you're like

oh my oh no hide your eyes kids it's one of the dairy cows has just been raped yes yes oh yeah it's not the it's not the rape e that is howling it is the rape raper

and that's how he calls them in for the rape line

he just like stand cows are the bulls are the oh my gosh they are

i mean i mean i we have one that has, I don't know, an overactive gland of some sort, and he is always crying out for it.

Always.

Like, it sounds, I thought there was something wrong with him.

Is it a time of season, or is it just always?

Well, I don't know that because I'm

you're only there at certain times.

I'm only there at certain times of the year.

And if it is, I would, I, I would, I'd have to put the bull in a rape room because it's just, it's like, and I listen to it.

It's like,

and I'm like, dude, this is pathetic.

This is why the girls aren't running towards you.

This sounds pathetic.

You're just like, hey, sex, I need sex, sex.

Somebody bring their big milk bag over this way.

I need to rape you.

And it's like, that's not the way to do it.

No, that's not the way to go.

So we got that.

In Hawaii, I am pleased to report.

That we have one girls volleyball coach in a nation of 350 million.

we have one that is standing up to the Hawaii High School Athletic Association's policy allowing male students to participate in female sporting activities as long as they self-identify as the opposite gender.

And he said no to that?

He said no to that.

Wow.

He said that

the HHSAA says that students are presumed eligible to participate in activities in a matter consistent with their school registration records, even if it differs from the sex assigned at birth.

He says, yeah, that's really stupid.

He said, in my opinion, it's really irresponsible for the league to place these young women who are minors at an elevated level of risk.

They all sign off on an assumption of risk form for an understandable amount of risk.

But now there's an elevated level of risk their daughters are going through and be put through without any notification to the parents at all.

No.

I have no problem with a kid

being who they want to be.

But now these girls are being put in unsafe situations without giving the parents the opportunity.

I mean, of course, this is take the women into consideration.

This is

horrible for women.

Absolutely horrible.

Congratulations.

Pray for him.

They'll burn him at the stake by the end of the week, I'm sure.

This is the Glenbeck program.