A 'Kind' Greatness? | Guests: Steve Deace & Gavin McInnes | 12/6/18

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glad back

yesterday

the the first funeral uh for george h w bush happened in the uh

the national cathedral and it was

everything you think a bush funeral should be like or would be like There were no snarky comments except from the press.

There was no lecturing anyone on politics.

It was just truly humble uh

retelling of a man's life.

It was

it was kind.

It was decent.

It was normal.

The press immediately jumped into oh, did you see how Hillary Clinton and Trump Trump behaved like

Can you shut up?

Sincerely, shut up.

Here's a guy, George W.

Bush,

who I think is liked by every single president.

All of them like George W.

Bush.

Here's a guy who had reason to hate Donald Trump.

Didn't say anything.

Was polite, was kind.

Has reason

to hate the Obamas because look at what they did to him.

They just trashed him for four years.

It's the Bush economy.

Well, if Bush hadn't have screwed it up so much, he never responded.

In fact,

yesterday, he brought Michelle Obama candy.

Because the last time they were at a funeral, he did it.

And they become friends.

As he was describing

his father yesterday,

he talked about

who he was.

He said, my dad knew how to die young.

Probably because twice in his life, he almost did.

And he said, I think those brushes with death made him cherish the gift of life.

And he vowed to live every day to the fullest.

Dad was always busy, in constant motion, but never too busy to share his love of life with those around him.

He taught us to love the outdoors.

He loved watching dogs.

He loved landing the elusive striper.

Once confined to a wheelchair, he seemed happiness sitting on his favorite perch in the back porch at Walker's Point, contemplating the majesty of the Atlantic.

The horizons he saw were bright and hopeful.

He was genuinely an optimistic man, and that optimism guided his children and made each of us believe that anything was possible.

How many of us are doing that with our children now?

He talked about his service to the nation.

He talked about

how he didn't judge people.

people.

Dad could relate to people from all walks of life.

He was an empathetic man.

He valued character over pedigree, and he wasn't a cynic.

He looked for the good in each person and usually found it.

Dad taught us that public service was noble and necessary, that one could serve with integrity and hold true to the important values like faith and family.

He strongly believed it was important to give back to the community and the country in which one lived.

He recognized that serving others enriched a giver's soul.

To us, he was the brightest of a thousand points of life.

When he lost, he shouldered the blame.

He accepted that failure is a part of living a full life.

But he taught us never to be defined by failure.

He showed us how setbacks can strengthen.

He went on to describe, and I urge you to read this eulogy or to go back and listen to it again.

If you didn't hear it the first time.

Go back and listen.

He's describing what a man should be.

And you don't hear that anymore.

Andrew Heaton is in today.

Andrew Heaton has a new podcast called Something's Off with Andrew Heaton.

There's a story from Vancouver

that traditional masculine values

are being ditched by millennial men.

Can you tell me, as a millennial, what are traditional male values?

I'm not sure.

I mean, first of all, keep in mind this is Canada.

Yeah.

I'm looking at this and it's from Vancouver.

So it says young Canadian men, and I highlighted that.

Men seem to be holding masculine values that are distinctly different from those of previous generations.

Some of the, you know, I haven't read the report, but I'm reading through the synopsis of it.

Some of it makes sense to me, some of it I'm not sure of.

There seems to be this kind of shift in emphasis from physical strength to health, which is good on my end because

I would much rather try and pick up a woman at a bar based on

my metabolism than stuff I could lift.

So that's that's good on that end.

Yeah.

You know, I don't know that it's so much that we're actually altering what it is to be a male so far as it's just sort of bad to think about it.

I do think there's some of that going on right now.

Where it's, you know, I've mentioned before on your show that I moved here from New York.

And one of the things that was interesting to me about that experience was I didn't go into New York thinking of myself as a white male.

I am.

I mean, I am demographically a white male, but it just wasn't important to me.

I didn't notice.

Yeah,

I am, for those of you listening that can't see me, I am a storm of mayonnaise.

I mean, I'm literally wearing tart and trousse right now.

It's uncomfortable.

Yeah, I've got a pocket square on.

But that wasn't part of my identity.

You know, if you'd asked me when I came into New York, I'd say I'm a comedian.

I'd, you know, I'd talk about politics.

And by the time I left, that had kind of been hammered into me.

And it's not necessarily good.

That you're a white male.

Yeah.

How'd they hammer that into you?

It's brought up a lot.

Like, or if, well, say, for example, if I have a contrary opinion, that's something that's like, well, you know, you are coming from a position of privilege,

and which is a way of saying.

You'd just say, I'm from Oklahoma.

There's no privilege at all in that yeah that uh which there too like I think you know the phrase multivariate analysis comes to mind I dated a young lady in New York who she's from Oklahoma as well and she's from Cowita shout out to Cowita but like but while we were dating she could not call her dad her dad doesn't own a phone he doesn't like he's he's that poor and this is this is two years ago three years ago but he doesn't own a phone and if she needs to get a hold of him she has to call her neighbor or write him a letter and I think like that I don't feel like it's fair to lump that guy into the same category as I am.

It's not fair to lump us into the same category of like a hedge fund manager.

When my sister moved to uh Wyoming, she used to have to go to a phone pole about five miles away from her house.

She didn't have a phone, she was too poor to put a phone in.

Uh, and she had to drive to a phone pole and she would stand sometimes, you know, hip deep to call and say, Hey, Merry Christmas.

We thought, you know, we were like, move back to civilization.

But, I mean, is that privilege?

Is that privilege?

I think in general, whenever your instinct is to engage with people by negating their ability to make an argument, it's a bad thing.

You know,

it's one thing to go, I think that you're wrong.

It's another thing to say, you are just forbidden.

to venture outside of what I believe is the proper narrative.

So did you hear George W.

Bush's eulogy?

Most of it, yeah.

Most of it.

So I urge you to go back and listen to it.

Tell me

that that isn't something that

we would all say, I want to be like that.

Yeah.

That guy was a paragon.

He really was.

That character.

The photo, I'm sure it's been making the rounds, but the photo that I thought was very touching was, and he's so quiet about it.

George H.W.

Bush was a guy who really didn't like political theater.

He was raised by his mother to not use the pronoun I very often.

But I think in his 80s, there's great photo of him completely bald because one of the Secret Servicemen,

his son, I think, had got leukemia.

And so all the Secret Servicemen shaved their heads in support.

And George H.W.

Bush just did it.

And, like, you know, it wasn't like a huge national story.

It did make the rounds a little bit, but it wasn't like he did a press conference.

It's just he wanted to be supportive of this kid.

And I think that kind of,

you know, that deep character that was very much concerned with people around him rather than adulation.

Bringing candy to michelle obama oh i thought that was cute that was that was george w bush there right yeah yeah but that if that isn't his dad i mean he was thinking about her

you imagine how hard it is to have a funeral that goes on and on and on and on and on he

george h w bush died they put him in a coffin they fly air force one down they put him in the back the whole family gets on board they have a big ceremony in the laying in state in the rotunda of the Capitol.

Then they have a giant parade to go to the

National Cathedral.

He has to give a eulogy.

Then they take the body after like the third 21 cannon salute.

They put him back on Air Force One.

They fly to Houston where they're going to have a parade and

then another funeral.

I so hope that in the middle of all of this, George W.

Bush went, hey, I need to stop at Quick Trip.

And like ran in and was like, you guys got Snickers?

Like, bought it for Michelle Obama.

That would be the most

bizarre thing for the guy writing that.

I mean, how great is that?

Can you imagine, seriously, thinking about

burying your father, who you were close to, and

having to go just through that?

And yesterday, do you have the clip, Sarah, just of the last part of his eulogy?

Play this.

In his inaugural address, the 41st President of the United States said this,

We cannot hope only to leave our children a bigger car, a bigger bank account.

We must hope to give them a sense of what it means to be a loyal friend, a loving parent, a citizen who leaves his home, his neighborhood, and town better than he found it.

What do we want the men and women who work with us to say when we are no longer there?

that we were more driven to succeed than anyone around us

or that we stopped to ask if a sick child had gotten better and stayed a moment there to trade a word of friendship

well dad we're going to remember you for exactly that and much more and we're going to miss you your decency sincerity and kind soul will stay with us forever

So through our tears, let us know the blessings of knowing and loving you, a great and noble man.

The best father a son or daughter could have.

Oh, my gosh.

And in our grief, by just smile, knowing that dad is hugging Robin and holding mom's hand again.

Here's a guy who has

put on a strong face

all week.

and been lifting other people up.

I don't know if you saw yesterday when he was accompanying the casket and everything else,

but it dawned on me yesterday, the last time I saw the last time I saw him look like that.

He had this, he had almost like a frown, but he was biting his lip.

And you could tell that he wasn't, I mean, he was engaged and he was trying to hold it together.

And I realized yesterday, as

they were doing another 21, you know, cannon salute,

and I watched him, and I realized I haven't seen seen that face on George.

I've only seen it one other time.

And it's when they whispered in his ear, we're under attack.

Remember, he sat there and he kind of frowned and he bit his lip.

That guy was working hard to hold it together all day.

And one crack there.

I think it's a lot of the time when we look at this kind of stuff,

we almost dehumanize the people in it.

You know, it's ultimately that's his dad that died, which is really sad for him, regardless of the political connections.

George W.

Bush is in that capacity not there as a former president.

He is, but that's really incidental and secondary.

I'm glad that they did.

I mean, they did a secondary funeral in Houston,

or I guess at College Station at the George H.W.

Bush Library, and I'm really glad they did because

that's got to be very tough to have to put on that

level of public-facing decorum when you're burning up inside.

And here he is

doing a job as a son and a former president

of honoring his father the way his father and mother would have been proud

of

instead of wallowing in his own grief.

I just

find this family remarkable.

So out of curiosity,

what do you think George H.W.

Bush is going to be remembered for?

Like, I think probably the Cold War and character.

I think those are the two things that are going to really stand out.

Yeah, I think so.

And his son will be remembered.

You know, George W.

Bush said to me, I'm prepared to be the most hated man

on the planet for the next 50 years.

Well, good news there.

That has been eclipsed.

You're safe, sir.

He said, I'm prepared.

He said, because I know that in 50 years from now, they're going to look back and realize this is

they did what they had to do.

They did the only thing they could do.

And

he said, I'm confident that history will remember.

And, you know, George H.W.

Bush, I think history will remember.

The guy, you know, when Clinton came in, they started changing a lot of policies in the Middle East.

I'm sorry, not in the Middle East, in the Soviet bloc.

And George Bush, that was not something.

We didn't even really think about that.

No, and that's to his great testament.

Like, I mentioned this, I did kind of a

post-mortem of the Bush administration on my podcast earlier this week.

And I mentioned that when you think about the collapse of the Cold War, you don't tend to think about it.

We think about the fall of the Berlin Wall, but we don't really think about anything else.

That's to the great testament of George Bush: that it wasn't a big, it could have been terrible.

That could have gone off the rails.

That's a nuclear empire, a nuclear empire disintegrating.

And that could have gone real bad, real quick.

And what's amazing is not only do you not think about it, you also don't think about him.

Yeah.

Until you stop and go, wait a minute, wait a minute.

What was that like?

Then you realize, oh my gosh, he managed that thing.

That's truly his kindness first.

The managing of the collapse of the Soviet Union, a distant second.

And I think that's exactly how he would want it to be.

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You know,

I didn't recall until this week the role that George H.W.

Bush played in my life

in April of 1988.

It was

my daughter was

being born,

and he had just run for

president or was running for president in 88 in April.

And

I think it was on 60 Minutes, and he talked about Robin, and it was the first time I heard him.

And he spoke about

the sanctity of life.

And

my daughter had just been born, and I remember watching, I think it was 60 Minutes, and

she was home for maybe a couple of days.

And I was holding her, and she was all connected to wires and everything else.

And I was just, I just, I was so beside myself.

I just didn't, I mean, everything was up in the air.

And

he talked about the sanctity of life, and he talked about his daughter, and

he just gave me such hope.

I mean, it was, it was at one of the lowest points of my life, and

I don't even remember what he said.

I just remember feeling,

there's hope.

It's going to be okay.

No matter what happens, it's all going to be okay.

That's a remarkable gift to give somebody.

Truly a remarkable gift.

All right.

We have Steve Dace coming in in just a second, and

I think we might have to talk to him a little bit about Bob the Tomato, who we found out is extraordinarily racist

because

he makes vegetables of color look bad.

I don't know if anybody's noticed, but all of the vegetables except cauliflower are vegetables of color.

And a podcast for the Blaze TV.

It's Steve Dace joining us now.

Hello, Steve.

How are you?

Good morning, Glenn.

How are you doing?

Well, you don't sound happy.

Morning, Glenn, how you doing?

Matter of fact,

my bad.

Let's start over again.

Steve, how are you?

I am better than I deserve, Mr.

Black.

How are you, brother?

That's fantastic.

You're also lying.

I'm just watching the Dow

just spiral out of control.

Only down

406 points.

Nolan, 412.

No big deal.

Just about 2%

on the opening bell.

So, you know, nothing to worry about.

Steve, I don't know if you know this,

but

Veggie Tales is racist.

Yeah, it's funny.

I don't remember that

watching all of those with my kids all of those years when they were little.

But I think I'm blinded to it because of my heterodormative

Caucasian patriarchal tendencies.

There you go.

So

a group of students in California have an annual whiteness forum.

Now, we were pretty sure, don't you think, think, Andrew, that we're pretty sure this is they're not for whiteness.

No, I was confused by that because the title of like the annual whiteness conference or something, I thought, oh, that's you know you need to steer clear of that.

But no, I think it's about whiteness and probably not in a favorable capacity.

Correct.

So now they have come out against Veggie Tales and said that it is dangerous for children.

Actual words, dangerous for children.

They said that it's Bob the Tomato and Larry the Cucumber.

Cucumbers have been through a lot, Glenn.

You should leave them alone.

I know.

But they are their villains because

all of the colored vegetables are

noted in the show as the bad guys.

I've not seen this.

They're in comas.

Is that what you mean when you say vegetables?

No.

It's an actual cucumber and an actual tomato.

Oh, it seems much better now.

So you never picked up on that, Steve.

I didn't.

But, you know, there's a couple of things at play in stories like this.

Every year on my show, Glenn, we always go in, we start a new year with like a theme.

I try to model myself after my all-time favorite bands, U2 and the Beatles, and just kind of reinvent yourself so you're not just doing the same stale thing.

And so our theme for next year is no BS.

All right.

And one of the things, and we started it yesterday on this clip with Katie Turret, MSNBC, talking about how meaningless life is because we want to, you know, focus wholeheartedly on global warming.

And I think what I mean by BS in these cases is force them to live by what they claim they believe.

For example, if you really believe that

whiteness is racist and you're at a university, remove yourself from the university then.

Drop out of school so that someone of color may have your spot.

When Kirsten Powers said on CNN a couple of weeks ago that she has been a beneficiary of the white patriarchy.

If you really believe that, Kirsten, quit your paid gig at CNN so someone of color may have that spot.

If you really believe that

what happened to Native Americans was so absolutely dreadful and terrible that you just can't even, then give up all the trappings of Western civilization, trade in Wi-Fi for Wampum, and join the local reservation.

And if Katie Tur really believes that all is meaningless because we won't make global warming our single-minded focus, know, don't take that gas-guzzling SUV unmarked out front of 30 Rock home to your posh flat there on the Upper East Side.

Quit your gig and grab a placard and go out there in Times Square, bang your drum, and say, bring out your dead.

These people don't believe any of this stuff.

They may feel it, but they don't believe it.

No, wait a minute.

They're postmodern econoclasts, Glenn.

They're just attempting to deconstruct and destroy the previous existing norms in order to make way for the new normal.

That's what this is.

Now, hang on just a second.

Bernie Sanders.

Bernie Sanders spent $297,685 with Apollo Jets, a private jet charter service,

in one month.

And you're telling me he doesn't believe the things he's saying about global warming?

He's got to get there quickly.

Well, in fairness, when you have three homes while you're suffering for uh you know the uh the the working class that requires a lot of jet travel to get back and forth to those fifty thousand dollar honorarium speaking engagements that you're going to be able to do that i'm going to have i i'm going to push back a little bit i will posit i do think that that generally uh Democrats and progressives do believe the stuff they're espousing.

I don't know that they always live up to it.

And so I would say the gap is one of hypocrisy, but not of actual

sort of cynical lying about the ideology they're professing.

It's not cynical.

It's immaturity.

When I was a child, I thought spoken reason as a child.

When I became a man, I set aside childish things.

When we were kids, did we really love that song?

Did we really love our favorite team?

Did we really love that band?

Well, yeah.

And we were 11, okay?

We didn't understand what love was.

We were immature.

We were children.

The credo of progressivism is very simple, because I want to.

Whatever I want, I will justify.

Whatever I need to reverse engineer, whatever philosophy I need to deconstruct, whatever cafeteria, Christianity I need to choose from the menu, where Leviticus both is terrible to gaze, but also the basis of my immigration system at the exact same time.

I can just do whatever I want because I wanna.

And then

when I finish Antonio Gramsci's Long March Through the Institutions, so I control the college campuses and I control the media, four legs good, two legs bad becomes four legs are good, but two legs are even better because I wanna.

It's really about coercion, control, and power.

And that's really what progressivism is.

And now you're watching it, to borrow one of its own terms, transition.

It is transitioning now from postmodernism to evangelism to cultural terraforming.

And you saw that with one of the most powerful progressives in the world this week, Tim Cook, the CEO of Apple.

He was literally talking about deplatforming people that he finds objectionable.

And look at the terms he used.

We put this video on my Facebook wall.

He used the terms, and I quote, sin.

He used the terms, and I quote, judgment.

Now, I'm old enough, and I think all of us listening are old enough to remember we couldn't use those words anymore.

They were intolerant.

Well, they're using those words now.

They're co-opting this now.

They are now in the, they're now spreading the new time religion.

So, I happen to agree with you, Steve, that

with the exception of this, I think there's a difference between progressives.

I think we're out of the progressive era.

I think we're in the postmodern era.

And it is the truly radical

postmodernists that have control or the hands around the throat of the culture.

And

they are culturally terraforming.

I don't think it's the average progressive.

I think

the progressives like Bernie Sanders, who was not really a progressive, he's really more of a Marxist.

He would say as much.

He's a socialist.

He's a socialist.

So,

you know, the average person who claims to be a progressive, I don't think is in that category.

I think there's 10% of this population that would like to just take us to hell.

And

they believe it, that it would be a great thing.

I think that's true.

I think it's a bad idea to view any large group of political people as monolithic.

Even if we're looking at the Libertarian Party, there's different camps within the Libertarian Party.

There's certainly different camps within the Republican Party, and there's different camps within the Democratic Party.

And I would agree with you.

I think most Democrats want America to be good.

They like America.

They're rooting for good things.

However, they have a different way of doing it.

So, putting all of them into that kind of anarchic, destroying the civilization thing, I think would be overshooting the mark.

And I don't think that

I'd like your opinion on this, Steve.

That what's happening in Paris

goes to show that 80% of the people in France believe in global warming.

They believe in it.

However,

when it actually comes down to it and it's going to affect their life, they're like, well, no, no, no, no, no, no.

I want to do something, but I want them to do something.

I want them to pay for it, not me.

And that's where a real problem comes in.

And I think what you're talking about, you know, it's do as I say, not as I do.

Well, that is the childlike thinking of I want things without consequences, or I want to pass those consequences on somebody else.

And this has been a several staged cultural devolution.

It's been a cloud pivoting on a devolution scale.

The welfare state was the first salvo.

And you begin this notion that we're going to devolve from a safety net to a full-fledged welfare state.

And at the heart of it is this notion that I have to subsidize other people's poor choices.

And therefore, you're not accountable for your actions.

And we're going to create things like marriage penalties.

And we're going to incentivize things like out-of-wedlock births.

That's the first and opening salvo that I'm entitled to something that doesn't belong to me rather than face accountability for a poor life choice that I made.

You reach the next stage now where this mindset becomes institutionalized.

And that's what you're talking about right now.

And this goes to what the theme of our show was for this year, which was Worldview.

And we started off our year talking about the seven deadly worldviews and the last stage, and they go in stages.

And the last stage is secular humanism or postmodernism and it's always whatever it's been called in past eras it's a temporary staging ground because we want to believe in something transcendent we all have the blaise pascal describe god-shaped hole in our heart and so this is the final stage of deconstruction in order to prepare the culture for the next transcendent truth to come if you look at europe the two transcendent truths and they're about a quarter century ahead of us on the devolution scale the the two new transcendent truths are cultural Marxism and Islam, which is, you know, you have a lot of former Catholic churches now or mosques in Europe.

The same thing is going to happen here as well.

If you don't see spiritual revival in America, in a quarter century, we're going to be exactly where you see France, exactly where you see the UK.

We're heading there now.

Look at what the so-called conservative parties are in Europe.

Look what's happening to the so-called conservative party in America.

They're really, we're just not that far-left parties, and that's exactly what's happening here.

And it's unavoidable unless you have a great awakening, the likes of which that gave birth to liberty in America in the first place.

I will tell you,

I think you're wrong on

your analysis of 25 years.

I don't think we're that far behind.

I really don't.

I mean, look how fast I had a little optimism this morning, and then you guys peed all over me, basically.

Steve, thanks so much.

Steve Dace follows this program on the Blaze TV Network.

You can check him out either just by watching TV or you can watch online.

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So I, you know, we have Andrew Heaton with us, who's a libertarian

and

the host of

Something's Off with Andrew Heaton.

You know,

you kind of had a problem with what Steve was saying there.

I could sense.

Yeah.

Yeah.

However, if you're looking at this as the politicians, politicians, not the people, but the politicians,

do you find that true at all?

That there are a lot of politicians like, you know,

Macrone, he might believe in all of this stuff, but

he's not going to take the brunt of it.

None of them are going to take the brunt.

None of them.

It's the let them eat cake kind of element.

I will say, when you brought up the French fuel protests, it reminded me, do you know T-Boon Pickens?

Have you met him?

Yeah, yeah, yeah.

So T-Boone, if you're not, for those of you that don't know our billionaire friends, and I've only met him him one time, but T-Boone's a philanthropist and an oil guy, and I guess now like a gas guy from Texas, but big donor in universities in Oklahoma where I'm from.

I met him when I was working for Congress, and he was giving a big spiel.

I think he was trying to get subsidies for gas or something.

I don't remember what it was, but I raised my hand and said, you know, as an environmentalist, I'm kind of concerned about this.

And he, with very limited snark, he said, yeah, everybody's an environmentalist until you ask them to pay a couple hundred bucks.

And then he just kept moving on.

And I think he was dead right about that.

I think he was absolutely right about that.

Everybody's an environmentalist when being an environmentalist is liking Captain Planet on Facebook.

And then when you actually, it's like, by the way, but you shouldn't go to Italy because that takes a lot of carbon, which, by the way, this is true.

Like, recycling is garbage.

Recycling, I'm just going to rant for a second.

Like, to have any type of carbon impact with recycling, you'd have to recycle like a thousand bottles.

People go crazy when you say that.

Because it's religious.

It is a spiritual practice like going to church.

It's not rooted in empiricism.

But that's exactly what Steve Dates was talking about.

Okay, so this is.

Oh, hang on, hang on, hang on.

We got to take a break.

You don't want to miss the rest of the program.

We've got a lot of great stuff, including the latest on France and the economy and some of the radical stuff that's happening that you need to be aware of coming up.

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Glenn Beck.

Well,

I really want to talk to you about Paris.

Do elections have any consequences at all?

I spoke to George W.

Bush one time in the Oval Office, and he told me, don't worry about who's going to sit behind the resolute desk.

He said, ultimately, it doesn't matter.

He said, everyone elected would always be beholden to the same political restraints.

They'd have the same basic advice, and they would see that they really have no choice.

He meant this to make me feel better and I didn't.

I didn't, it didn't work.

I left there going, oh, that's not good.

Wait, what?

Now, maybe there's a little comfort to know if, you know, Bernie Sanders were ever elected, that he'd have to deal with that same realization.

But on the other hand, what happens when

the public figures all of this out?

And what happens to the social contract with the government?

What happens if Republican voters never get a repeal of Obamacare?

Spending never gets cut, taxes are never lowered, they never get a border wall.

What happens when progressive Democrats never get a single payer, a $15 an hour minimum wage, or free college?

How long before the social contract is burned and people start going out into the streets?

I know that sounds crazy, but look at Paris.

The Paris yellow vest riots began in November as a protest against the radical climate change agenda.

No, no, no, no.

Not the agenda, the actual cost them.

Now, the media is not reporting it this way,

but this is a stunning rebuke of the climate movement.

They imposed a gas tax that was part of France's version of what Americans like Ocasio-Cortez and Bernie Sanders are hoping to get done with their new green deal.

But the French said first, yes.

Until it was imposed on them, they were like, whoa, whoa, whoa, whoa,

no.

So they hit the streets in droves.

A quarter of a million people showed up.

That's the first riot.

Burning cars, smashing windows, even attacking police.

Those numbers continued this past weekend, and it actually forced President Macron to first delay his fuel tax for six months.

And then they said, yeah, no, I don't think that's good enough.

And fully cancel it yesterday.

So now are the French packing up their yellow vest and going home?

No.

Now they're doubling down.

The democratic system in France has lost its social contract with the people.

They're tired of being ignored.

They're drawing up a new list of demands.

Conservatives are calling for even lower taxes and more jobs.

Liberals rioting side by side with conservatives are now calling for smarter taxes and a redistribution of wealth.

Let them eat cake.

Is that the guillotine I hear being sharpened?

France's largest farmers union has pledged to enter the riots starting on Saturday.

All of the major trucking unions have announced their plans to join as well to protest a cut in overtime rates.

Every Frenchman that can don a yellow vest is planning to march this weekend, and nearly every one of them has a different complaint.

Taxes, wages, jobs, immigration.

This monster is growing, and it is beginning to spread all over Europe.

It's almost like there would be a caliphate established after the Arab Spring, which would destabilize the Middle East which would then spread up to Europe and begin to destabilize Europe and the left and the right would begin to work together to collapse the European system and then it would spread to America.

Gee, it's almost like that

Good thing that was dismissed by the political elite and everybody laughed at it.

This is what happens when political promises go empty year after year after year after year.

It only takes one spark for the powder keg to explode.

And it usually happens, usually happens, when there is great suffering economically.

In most of Europe, that spark was the immigration crisis.

Wait until they have real economic downturns.

As the economy worsens in Europe and the progressive policies like the climate change agenda made things worse, the social contract broke apart.

Elections do have consequences.

And those that are elected, if they never deliver on their promises, if they ignore the issues that voters care about,

Paris is the result.

It's Thursday, December 6th.

You're listening to the Glenbeck program.

We were supposed to have Gavin McGinnis join us, and he's running a little late,

or he's in a different time zone.

But

I was anxious to hear him talk about the Paris riots because

not sure what he would say.

So if I'm kind of looking at this and I'm thinking that Paris might just be on the Eighth Republic or what, because Paris has had several republics now, right?

We're on Republic number five.

Like it's they kind of just kind of reboot every few years.

So it wouldn't, it wouldn't, it wouldn't surprise me if they have like a new constitution within six months or so and they kind of reorganize it.

You know, in 1968, they almost became a communist country it was really close um and i could see this happening there you know that in europe they only have right or left as communist and fascist it's the middle ground that you have the most amount of freedom in europe um

you know not here in america but they don't have the american they don't have you know they don't have rights they've got a very different system in france i mean like they they uh it's effectively illegal to fire someone in france

It's effectively illegal.

And I'm not being hyperbolic.

It's just very,

and it's one of those things.

Big companies have whole floors of people

who they just can't fire.

And

if I'm an employer in France, and probably never will be, but if I am, then I'm going to probably try and hire freelancers as opposed to full-time people that I can get rid of if I need to.

Or I might not hire anybody because I'm worried about getting saddlebagged with someone that's a bad employee.

There are all sorts of these bad economic consequences that happen to a lot of the stuff happening over there.

And they've got a, yeah, it's a much more interventionist status economy.

But did you notice what they were talking about?

The truckers now are saying that

we're demanding that you don't cut our

overtime.

That's why I'm thinking this might turn into a new constitution, because if it was just we want lower gas taxes, then that's a one issue.

But if it's just everyone in France goes like, you know what?

And also refrigerators are too small.

And everybody comes out and starts getting mad, then it's like, ah, at that point, they might just have to restart everything.

Right.

But

who there is talking about more rights, more freedoms?

I mean, in that list that I just gave, they're all things that the government should provide or should guarantee.

You know what's weird?

France used to be, like before England, France was the kind of bastion of classical liberalism, of Enlightenment freedom, like

Frederick Bastiat, who wrote this wonderful essay on the candlemaker's lament, where he's satirizing, outlawing the sun because it puts too many candlemakers out of business.

French.

And then it kind of I don't know what happened.

I honestly don't know.

French Revolution.

And there was like, nope, that's not an acceptable strain of philosophy anymore.

You need to be.

And then Marxism really kind of, I mean, Marxism was around before Marx was Marx.

He just kind of codified it, but it, you know, when you have the guillotine

and you see what the blood path that turns into, you're like, nah, you know, no, I don't think so.

You know, Paris,

you probably, I think this is a well-known fact, that Paris had thought it was going to get rid of the Eiffel Tower at one point.

It was a temporary thing because it was for a World's Fair.

What I learned recently, and I think this is amazing, is that the Eiffel Tower was one of like three finalists, and one of the other finalists was a giant guillotine to celebrate the French Revolution.

And I think what a

romantic comedies would be so different if it was always this guillotine in the background.

It would just completely, because we think of Paris as like, oh, it's the city of love.

And if it had a giant guillotine, it would be the city of blood.

But wouldn't it be such a great offset of the Statue of Liberty?

Because it would be like her head would be the only neck that would fit in it?

You know what I mean?

It's not necessarily a good thing

what is happening over in Europe, and it is because people are being regulated and taxed to death.

Now, they're asking for it.

They're asking for it.

They say they want these things, but then they don't want to pay for it.

They want somebody else to pay for it.

Well,

let me give you a story

from California.

California now has just become the first state to

mandate solar panels

on the roof of all new homes.

Is it just, and I've not looked through the specific legislation, is it a certain amount of the home's power has to come from that or there have to be X amount of panels per square footage or

no, and see, this is the weird thing.

Again,

I'm big on, I think I'm bigger on unforeseen consequences than I am on libertarianism.

It's not even so much that I'm just like, can you, everybody just think about what's going to happen if you're going to force people to do things?

So like in this instance,

with environmentalism at large,

solar panels are still a trade-off.

You're going to, you have to extract heavy metals to get them.

You have to do all those things.

It might be the best thing.

I'm not saying it's a bad, it's a terrible idea, but would it, I could see other better ways to do it.

Like if rather than strong-arming solar power, if you want to take your tax dollars and put it towards something, what if you gave everybody a subsidy or a voucher so long as they had some sort of green-related technology?

But they're making a very specific way of doing it.

And that may not be the best and most.

How about just not taking the money?

Yeah.

Yeah, just do it yourself.

You know who did this?

There is, I think it was either Germany or Berlin, but I think it was all of Germany.

Mandated solar panels.

Well, now solar panels, these outdated old solar panels, these giant monstrosities that can, that are good.

They're just decaying on the top of these houses.

Solar energy is not ready for prime time yet.

We're close, but it's not ready for prime time.

The batteries are not there.

The size of these things, I put solar panels up on my house in

Idaho.

I've already replaced them.

I've already upgraded the system.

The batteries are

a fortune.

They're a fortune to put the batteries in.

It's just not ready yet.

What you should do is you should buy some spotlights.

Like use car dealerships, get some of those spotlights and plug them in and then shine them on the

free energy right there, Glenn.

You're welcome.

I could shine them at the solar panels.

Yes, that's what I'm saying.

Well, that's

the house powers itself.

Well,

that's good thinking.

That's good thinking.

He's not really a morning person.

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We want to

bring in Justin Wheeler, who is a researcher for me and really watches what's happening in Wall Street and the economy.

And maybe, are you, would you say you're a little more optimistic than I am?

Sure, I think so.

Yeah, you know, you're an optimistic catastrophe, and I think I'm an optimist and occasionally catastrophist.

So, what is happening with Wall Street?

Down now, 433 points.

Yesterday

rallied right towards the end, but it was ugly all day long.

What's happening?

So, two schools of thought.

One is this is more of a normal correction.

We are seeing, you know, we've had a long bull run.

It has not, you know, had a significant retrenchment for quite some time.

It's had a couple of times this year where it looked like it was going to get into correction territory and then didn't.

It slipped right to that 10% line and then it recovered quickly.

So

one school of thought is this is normal.

We should expect this to occur.

It is normal for a market to have to retrench, for irrational investments to need to get taken out of the marketplace and more rational investments to come take their place.

So the one school of thought is this is a normal or healthy retrenchment.

The other school of thought looks back about seven or eight years and goes, it's not possible for this to be a normal or rational retrenchment because the market for the last seven to eight years has not been normal or rational.

We came out of the financial crisis and did abnormal, irrational things.

We built up the market with $4 trillion of printed money.

We brought $2 trillion of corporate money back into the United States.

Trump did that, brought that money back in from overseas.

And the companies took some of that money and gave it back to the workers.

We saw those press releases when they occurred.

But the vast majority of that money, they took it, and to avoid paying taxes on it, they invested it in their own stock.

Now, it was no longer a tax that year.

It would be a capital gain for the following year.

So $2 trillion additional dollars went into into the market that otherwise would not have been there in stock buybacks.

So, there really are those two competing schools of thought.

One that you'll hear from Merrill Lynch that says this is a normal, rational retrenchment.

Even if we see a 10, 15 percent

decline in the market, that's a healthy retrenchment.

And early in next year, those gains will remanifest themselves.

And then the other one looks back a few more years and just says, I'm not really sure that's the case because we didn't enter a healthy period.

And so, what does that mean mean for a percentage of loss?

To get back to where we should have been, if this was a normal healthy retrenchment, the Dow would have to lose more than 15% to 20% of its total value from where it got to in terms of an all-time high.

And some analysts say as low as 18,000 before we'd be back to where we should have been if a healthy retrenchment had occurred in 2008.

Okay.

But we're not, you don't think that this is a

2008-style event that is on the horizon.

Not yet.

I think there's actually still time left.

I do think we're going to see some declines.

We should see a floor today, for example, around 24,460, somewhere in that range.

It should level out right there, and we should see

support.

And then we should actually gain back, you know, from the all-time high through what we've lost today or into tomorrow, we should gain back 50 or 60% of that over the next few weeks.

And I think we'll have a relatively light end-of-the-year season going into next year.

But then we have President Donald Trump.

And Trump doesn't like markets to not respond to what he's doing.

You know, he made a major arrest yesterday or asked his Canadian friends to make a major arrest on behalf of the U.S.

Justice Department.

A very important Chinese person.

A very important Chinese person, not just from who she is as a CFO of one of the largest corporations in China and the daughter of the founder of that corporation, who was also a major party member in the Communist Party, the founder was.

So the Chinese obviously can't not respond to that.

And then Trump, being who he is, will have to respond to them.

And the way Trump responds is publicly, it is not privately through diplomatic channels, it's through Twitter.

Our Secretary of State is his Twitter account.

Yes, effectively, that's what I'm saying.

So, can you tell me

what she was arrested for?

No, they have not disclosed specifically other than potential violations of the sanctions that we have against Iran, but nothing specific, only that there are potential violations.

And

the treaty that we have with Canada gives them up to 60 days to apply for her extradition to the United States.

So they may hold her for up to 60 days, unless, of course, the Chinese protest and they cave into those protests.

What would be our reason for doing this?

Of course, this depends on who you ask, Glenn.

There's a conspiracy corner that you can find on Zero Hedge

that is delightful to read some mornings, and it's a great way to wake up, actually.

Eat the skin off your face.

Conspiracy theories are a great way to get your imagination stimulated abort as it is.

They're fantastic.

But a couple of those that are out there right now is this is a more protracted chess game that Trump is playing against China.

This is tantamount to what Reagan did to the Communist Party in the Soviet Union.

Trump is playing that long game with China.

He is not looking for a good healthy trade agreement.

He wants to bring down the party in power.

And that is effectively the steps he is taking that won't take one step or two steps.

It's 15 chess pieces deep.

And then that party is in real trouble.

I will tell you that you could make a case for that.

I'm not convinced that he's a chess player.

You know, he seems like more of a checkers kind of guy.

So I'm not convinced he's a chess player, but the moves that he has made, you could make a case.

You can make a case that

he is going for something much bigger, and it's the collapse of China.

Yeah, Justin, can you walk me through how that would work exactly?

So

he's arresting this high-profile Chinese citizen.

And

we're having a trade war.

How does that result in the Communist Party's downfall?

Hang on just a second.

We ought to take a quick break and we'll come back because it is an interesting answer.

I don't know how much of the answer you have, but it is a very fascinating

theory.

We'll get to that.

Also,

I want to talk to you a little bit about waves, and there's this wave of pessimism that we've never seen before, we haven't seen in a very long time, not even during the Great Depression.

And we'll get to that when we come back.

Yesterday's funeral of George Bush was, I think, 3,200 people.

Today, it is a family service of 1,200

here in Houston.

You should be so lucky to have 50 people that actually care show up at your funeral.

We are with Justin Wheeler, who is one of the guys who does research for me and watches the economy for me and just stock market and tries to explain different things.

And we were talking about

Donald Trump and his tariffs with China.

He may be, maybe

playing

a game of chess with China.

And it's not just about a new trade deal.

It's actually about taking at least President Xi out.

He is significantly damaging President Xi in China.

Yeah, I mean, China is an interesting economy because it is still a classical mix of

a strong communist regime.

But over the last 20 years, they have adopted capitalist principles in order to grow.

That is how they have been able to grow is by saying, well, we got Hong Kong and Hong Kong's working.

What does Hong Kong do?

Well, they practice capitalism, so let's do some of that.

And we've experienced this quote-unquote Chinese miracle.

You know, Trump as a strategist, we talk about is he playing chess or is he playing checkers?

And Trump as a strategist, his, you know, if you read his two books from the 60s, but especially The Art of the Deal, which was used in Wall Street.

And one of the things you learn from the movie Wall Street is that these wealthy businessmen want to acquire or partner with companies.

And they don't look at a company that's having a Chinese miracle and say, I want to partner with them.

I want to acquire them.

They say, I want that company, but I want it on its downslide.

And so what do they do?

They cause its downslide.

They do things to impact that company so they can buy it at a good deal for them.

They want to buy it at a discount.

So they'll buy out suppliers that are supplying that company and say, well, you're no longer getting aluminum at this discounted rate.

They'll make a deal with the union for the union to go on strike.

They'll do things to that company.

And Donald Trump expresses this in the book.

This is strategy that you do to acquire a company at a better deal.

He's done it throughout his entire career.

And I think we're seeing very much that same game at play for him.

And it is working when he deals with economic issues and diplomatic issues.

He looks at the European Union, he looks at England, he looks at Canada and Mexico, and now he looks at China and says, I do want a better trade deal.

I can't get that better trade deal.

The deal I want for the American people and that I think is best for us.

I cannot get it from this communist regime.

So what do I do?

I take the knees out from underneath that communist regime.

I hurt them where they can't hurt me back, at least not in a grand scale.

Yes, cars are going to be a little bit more expensive over here, but over there, they will have 5 million people out of work.

And those people protest, and those people support the Communist Party.

And so it does a significant service to him in elevating his negotiating power and his position of power with them to do things that weaken that regime.

He doesn't want to destroy China.

This is not some racist, globalist thing.

He's not trying to be an imperialist.

He just wants a better deal for the American people.

And the best way to do that is to weaken Chinese companies and to weaken the Chinese regime.

So

a dangerous game.

Sure.

And when Reagan played it with the Soviet Union, he had Thatcher playing the same game.

He had the Pope playing the same game.

I don't think Donald Trump I'm not sure that even in his own administration, he's, if he is playing this game, expressed that to everybody.

I'm sure.

I'm sure he has not.

Is five million angry unemployed people in China going to make a difference?

I mean, it's a large population, and they're so suppressive of any type of dissent.

I don't know.

It's not like Xi Ping is looking at polls going, oh, no, they don't like me.

Sure, and it depends on where it happens in China.

So, China's an interesting market now because you do have people in China who have independently grown wealth.

You have Chinese people over the last 15 years that used to live on a rural farm and work for the Communist Party growing rice, and then now drive a car in Shanghai.

And just like us, if it comes to giving up that car, they now know I can have a car.

I don't want to give up that car.

So, if you end up with five or 10 or 20 million unemployed people in rural China, that is not covered by the news media and where people still are poor, no, it won't matter.

If you end up with five or 10 million unemployed people in Shanghai and in the larger metropolitan areas, it will matter significantly.

That's really what happened to the Soviet Union.

The Soviet Union collapsed on the protest of 10 million million people,

200 million citizens.

But 10 million people protested.

The entire communist regime collapsed.

It depends where it happens.

Yeah, and they're very, the one thing that the communists have known, and this is why I think that they're, they're, you know, they have their total surveillance state by 2020,

is

they can't handle, they're so fragile that they can't handle any real unrest.

I mean, this is why they built those ghost cities.

They built those damn ghost cities because they can't have this stop because they know if it stops, there's been enough people who have built those that are looking in going, I don't live like this.

Wait a minute, people can live like this?

And once they see that, they want that.

I think the Chinese regime has been far more competent in terms of retaining its totalitarianism than the Soviets were.

Because Gorbachev, and this is not a slander to Reagan, by the way, but when we say that Reagan won the Cold War, I think that you're giving communism far too much credit.

I'm sorry, you're giving Reagan too much credit and communism too much credit.

Communism collapsed because communism is stupid.

Correct.

But what Gorbachev did was Gorbachev looked at this kind of fraying Soviet empire and he went, here's what I'm going to do.

I'm going to give people more freedom and they will love me and the government as a result of this.

And what happened was they went, you know what, now that I've got more freedom, I think of myself more as a Ukrainian than I do as a Soviet citizen.

And the whole thing imploded.

China's learned from that model.

And China's gone, we're going to give enough economic freedom that we can get some money going, but we're not going to give any type of, no, you do not get any rights to protest or anything like that.

And they've managed to keep that grip on power.

Agreed.

And there's a couple of differences.

The Soviet Union built itself as an empire.

They went and conquered numerous countries around them.

China is insular.

They have not conquered outside of their own borders since World War II.

I mean, they really are a cohesive set of independent states with different cultures internally, but they are a cohesive nation.

They think of themselves as Chinese.

So that's a great point.

The other significant difference, though, of course, is what Glenn was talking about with that total surveillance state.

They want to snuff out dissidents at one person.

They don't want to wait until it's 20,000 people or Tiananmen Square anymore.

They've learned that lesson.

So that's why they want to be able to find one person in a big city and find them right now and shut them up.

And they're getting it.

We've talked previously, and I'm sure you've covered a lot on the whole credit rating system, the social credit rating system they have, where if you're looking at the wrong Google search images, you're seeing unpatriotic pornography, whatever the thing is, they can begin to algorithmically determine that you could be a problem person, and we're just going to grind you to a dust to make sure that that doesn't happen.

So I find it interesting.

Let me switch back to,

well, before we move off of China,

we're playing a dangerous game because they hold our treasuries.

We're having a lot of debt come back up for sale.

There's no real buyers, which means we have to raise the interest rates.

And

they do have the leverage to hurt us.

Now, we have the leverage to, I mean, if we go down, we both go down, right?

That's correct.

So, but it is a very delicate game that we're playing here.

It's a very delicate dance of, it's chemotherapy.

What we're engaging in right now is chemotherapy.

You might kill the cancer, but the chemo may kill you as well.

It's a very fair point.

They do hold a significant amount of U.S.

debt, and they have a, you know, no pun intended, Trump card to play that Trump doesn't have to play, and that's labor.

China can bring a massive amount of effectively

slave labor to bear to shore up any shortcomings they have in technological advances.

They can put 100 million people to projects, if they need to, at basically slave wages, to overcome us saying, hey, we're no longer going to do manufacturing of this type or we're no longer going to trade with China.

So they have that card that they can play, but that card is very dangerous for them to play.

Now that they have introduced some levels of capitalist freedom and wealth into that country,

playing that card is very difficult for them to do.

It's certainly more difficult than it was before they inherited Hong Kong and started to adopt some capitalist policies.

And how long do we have with the American people?

How much of a leash does

Trump have with the American people on, for instance, farmers are hurting.

They're still saying, you know what, I still trust them, it's going to work out, but they're really hurting.

When he says, you know, hey, we can offend, you know, we can take another 10 or 20% on our iPhones.

Once that really starts hitting and impacting people, no, they're not going to put up with it for very long.

I agree with that.

It's very much like we just saw with France and a 10% increase in gas prices.

You know, there was an assumption that these people support a green economy.

10% more.

They'll pay it because they support this.

But when the reality gets there and you're paying 20% more for your iPhone, or if you're a parent, your four kids' iPhones, all of a sudden that starts to have a significant impact to your disposable income.

One other thing I wanted to touch on that you brought up, and I just want to bring it up because

we talked five or six years ago about the fact that the Fed had run out of bullets.

The Fed jumped in and saved the economy.

They pumped $4 trillion plus into the economy.

They loaned a bunch of money out at 0% interest and they lowered interest rates to zero.

And they were out of bullets.

But they've reloaded.

That's what I thought.

Interest rates are back up now.

The Fed has interest rates up in the and they've offloaded some of their debt.

Yes.

More than a trillion dollars has expired of the debt that the Fed bought the Treasury incidents.

The Fed didn't sell them back into the market.

The Fed just let them expire and got paid back by the Treasury.

And ostensibly all the profits from that sale went back to the Treasury, if you believe the paperwork that they filed.

So

the Fed has reloaded.

Yes, China currently owns in the neighborhood of $1.7 to $2 trillion of U.S.

debt, but the Fed could step in and buy that now.

They couldn't have five years ago or six years ago.

They were out of bullets.

But now they could step in and buy that.

They could reload their balance sheet back to $4 trillion and buy all of the Chinese debt if the Chinese decided to dump it on the market to punish us.

When you say that they were out of bullets, was there some sort of statute limitation on the amount of money that they could print?

I'm unaware of such.

No, you just, you can't, when you're at zero, you have no more, you have no other place to go.

You have to go to negative interest rates.

You have to just start saying, please take this.

I'll pay you money to take this.

Which some countries did.

Obviously, in Europe, that happened quite a bit in South America.

And most of those have stabilized back to zero or zero plus interest rates.

We certainly could, you know, again, spend that type of ammunition and go zero.

The United States never has, but we could.

The other, again, challenging thing is the other bullets that the Fed can always spend is just printing more money.

And I don't mean the type of money printing they did was to pump that money into Wall Street.

They printed a bunch of money, but really they just bought securities and gave loans to big corporations.

Very few of us, I mean,

the poor guys of Wall Street really needed it.

I mean, you know, I was doing okay.

I've got a canoe.

I don't need any more money.

Right.

So,

but they could do that other type of printing.

They could do the helicopter drop that we've, you know, it's been talked about for a long time as the last-ditch effort of trying to save an economy.

I mean, it is also a great way to rob anybody that's actually stored up wealth at any point because

inflation is just taxation without legislation.

It's a way of like, I'm going to print away.

I'm going to make I owe money, and so I'm going to make my money less valuable so that I effectively owe less money.

But if you've spent 40 years trying to amass a savings account, well, there's 40% of your savings account gone.

Yeah, Germany taught us that in two years in the 20s, and our country has taught us that over 70 years since then.

Same lesson.

All right, back in just a second.

I do want to talk to Justin about

this sentiment, this pessimism that is really kind of

put a damper around the entire world and its effect.

And we haven't seen this kind of pessimism even during the Great Depression.

So we'll talk about that coming up with Justin Wheeler.

He's my

researcher for the economy and the stock market and uh and how it all fits together more in just a second first let me tell you about lifelock

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We're going to talk

some more about the economy,

but more about the psychology of what is going on and what's happening in the world.

We're entering a time of pessimism that we have not seen.

What is the name of this wave called?

Elliott Wave Theory.

Elliott Wave Theory.

But

it's a really interesting thing to see.

It's tied to the markets, but I think it's more interesting to look at it just just as

a gauge of society and

what it actually could mean in a million different ways.

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

Also,

Rudolph

has spoken.

Rudolph, the red-nosed reindeer, the actual, the one, the lady who played Rudolph.

I didn't know it was a woman that played that.

Now, I guess I could be offended that I've been lied to

my whole year, my whole life, that it was a Rudolph was a boy.

He's still a reindeer, though, right?

Well, I'm not sure.

Okay, I'm just making sure.

I don't want that element of my child to take it away.

I assume they trained a reindeer to talk.

She has spoken out about all of this nonsense back and forth, and she basically said, Don't watch it.

You don't like it, don't watch it.

Leave it alone.

We'll give you all of that coming up in just a second.

Hey, it's Glenn, and I want to tell you about something that you should either end your day with or

start your morning with, and that is the news and why it matters.

If you like this show, you're going to love the news and why it matters.

It's a bunch of us that all get together at the end of the day and just talk about the stories that matter to you and your life.

The news and why it matters.

Look for it now wherever you download your favorite podcast.

Glenn back.

You know, Christmas is the gift that just keeps on giving for the radical leftist.

The charade goes on year after year where decent folks across the country just try to enjoy and celebrate Christmas.

You know, the most wonderful time of the year.

Why is it the most wonderful time of the year?

Why is it?

Because

you kind of generally act like a human being for maybe a couple of days.

You're like, oh, you know what?

I'm going to pretend to care about people.

I'm going to be nice to people.

I'm going to smile and say, Merry Christmas back to you.

It's the most wonderful time of the year that militant progressives don't like at all.

And it's a little exhausting.

It's got to be.

Come on, you're not really outraged by Rudolph.

Are you really, really?

That's what you got going on in your life?

I mean, the thing's been on the earth since 1964.

And first of all, if this is the first year that you've noticed that Santa was a jerk in that,

where were you?

You don't like Christmas, and it's totally fine.

It is.

I'm totally fine with that.

But could you just be cool with people who do like Christmas?

You know, there's tons of people out there that celebrate Christmas, and they're tired of their happiness being held hostage by an extreme minority.

Sometimes just one person going, I don't like that.

No, sir, I don't like that at all.

This year, a self-described, unintentional Grinch who stole Christmas is in the lead to win Scrooge of the Year, the principal at Manchester Elementary in Omaha, Nebraska.

Omaha, Nebraska.

She sent her teachers a memo this week outlining all of the Christmas-related items and activities that will not be allowed in the classroom and you will not have an extra scuttle of coal.

The bann list includes Santa, Christmas trees, Elf on a Shelf.

Oh man,

I'm for execution for the person who came up with Elf on the Shelf myself.

But singing Christmas carols, playing Christmas music, making an ornament as a gift, any red or green items.

Oh, hates the planet and communism, I see.

Reindeer and candy canes.

Now, not because the sugar will make the children hyper, because I guess Halloween was okay.

But as the principal explains, the candy cane is shaped like the letter J

for Jesus.

She also writes, red is for the blood of Christ, and white is the symbol of his resurrection.

Oh my gosh, I am so offended by her memo.

What kind of stuff is she trying to preach?

In case you try to cheat, different colored candy canes are also not allowed because they still have the first letter of Jesus.

So why is this principal going out of her way to delete any trace of Christmas in her school?

She says, quote, I come from

a place that Christmas and the like are not allowed in schools.

Where is that?

Russia?

Where is that?

Her list, quote, aligns with my interpretation of our expectations as a public school who seeks to be inclusive and culturally sensitive to all of our students.

No, you miss under the word, understand the word inclusive.

What about being inclusive and

sensitive to those students, probably the vast majority who do celebrate Christmas?

I mean, does your kid have to celebrate Ramadan and, I don't know, eat the food or whatever the hell that is?

I mean, nothing against Ramadan.

That's fine.

You want to do Ramadan?

That's fine.

I don't care.

I don't care that you teach my kids about Ramadan.

Can you stop with a hate on Christmas and Christianity?

Can you ask yourself,

are you the only one that doesn't feel like Christmas is the most wonderful time of the year?

Now, I think it's gotten less so since I was a kid, but that just might be because I'm getting old and grumpy.

But I know when I was a kid, it was the most wonderful time of the year.

It was a time of new expectations, new hopes.

It was a time I remember when the snow would fall and everything would be quiet outside, and it just brought peace now far as I'm concerned as well

snowing the day after Christmas doesn't help anybody's mood snow between Thanksgiving and Christmas is delightful

why

Christmas

I mean do we how do we miss that Christmas has the word Christ

in it

Christmas has been diminished over the years.

No offense, Rudolph, by Rudolph and Santa and everything else.

Those are still wonderful traditions.

But we celebrate Christmas to remember

what a crazy cool dude Jesus grew up to be.

What a crazy.

I don't care if you even believe it.

What a great gift given to humanity that you can be forgiven for even the worst things you've ever done.

I don't want to live in a world where there is no forgiveness.

I don't want to live in a world where

I do something stupid

and it's going to hang over my head for the rest of my life.

I mean, we're already seeing that.

It's called the Me Too movement.

You say something in 1971 to somebody, God forbid, that's hanging over your head.

Christmas.

It's the most wonderful time of the year for a reason.

And I don't care if you think it was Christ that brought this piece

or, you know, I don't care.

You know, Mohammed the Ramadan dog.

Whatever.

I don't know what, God forbid you'd have any kind of legends spring out of anything Islamic.

They would have killed the makers of that Rudolph the Red-Nosed Reindeer if that had been done for Mohammed.

So

I don't care how you think we got here.

It worked.

It worked.

It creates magic and hope and kindness for just a few days out of the year.

Leave it alone.

It's Thursday, December 6th.

You're listening to the Glenbeck program.

We're an Arbor Day family.

You're an Arbor Day family?

Pretty much an Arbor Day family, yeah.

Yeah, and you have the same feelings about Arbor Day.

Yeah, yeah, yeah.

Yeah,

it's the most wonderful time of the year.

And I just, I'm bothered about everybody

taking the spirituality out of Arbor Day.

Yeah, so you watch the exact same monologue.

So you have a thing with Arbor Day.

You must hate Christmas because that whole thing is around cutting down of trees.

Yeah, you know, well, for those of us that are kind of the anti-Arbor Day.

For those of us that are Arbor Day enthusiasts, you know, it's a lot of

birth and renewal and all of that.

So eventually you're going to get them Yule logs.

And that's, you know,

it's a holiday that gives to a lot of other holidays, Arbor Day.

So,

you know, we cut down the Christmas tree, went to a tree farm, cut down the Christmas tree, and then we put it in a bucket of miracle grow.

And because we had a friend say, I did that last year and

it started sprouting roots again.

And they went out and they planted it and

it grew.

That's really cool.

That's really cool.

And so my kids are like, oh, we could use that next year.

And I'm like, don't, I mean, I think cutting a tree down once would be like sprouting roots.

And they'd be like, oh, come on.

You're just torturing this poor tree.

Tree every time.

I will buy it.

I'm going to wax stronger.

And then the following year, you chop it down again.

But this time I will rise.

No one will ever destroy me.

Every time you go outside, it's like, no, it's not that time now.

It's like a turkey that you kill over and over again.

What if you did this?

Okay, what if you built like a new room in your house with 15-foot-tall ceilings, and it was the Christmas tree room, and then you just like hide the tree the rest of the years.

Keep the tree in there and have a like a glass ceiling, right?

And then just like put gauze around the tree so that it's camouflaged.

And then around Christmas, you just take the gauze off.

And then you don't have to chop the tree.

Wouldn't that be a weird thing to have in your living room?

Just this kind of like this, I guess you could dress it as a ghost for Halloween?

We have one in my living room.

We have a Christmas tree, and then the rest of the year after Christmas, it gets redecorated as a Dodger tree.

Okay.

And we put our Dodger season tickets on it and Dodger player cards.

You have an actual tree?

Well, it's a plastic tree on our mantle.

Wow, you go all out.

Well, we're in L.A.

Yeah, okay, yeah.

But

would they kill you?

for a Christmas tree in L.A.?

I'm not sure.

Oh, I think absolutely.

Yeah.

Unless it's plastic.

Unless it's plastic.

Okay.

So we have Justin Wheeler joining us, and Justin does research for me on the economy and stock market.

And

I've been looking at the stock market and saying, well, this is exciting.

And as we were exchanging thoughts the other day, you told me about the Elliott wave.

And I had not heard about the Elliott wave.

And explain it here.

Sure.

So the Elliott wave is

a theory that postulates that markets respond to social moods, positive and negative.

The way I've had it explained best to me, I think, is this.

Imagine you had the capacity every day to take a survey of millions and millions of people in the U.S.

and around the world constantly about how they're feeling, minute by minute.

How are you feeling?

Optimistic or pessimistic?

And you could do that survey not just by asking them questions, you could actually delve into their subconscious and detect how they were feeling at any given moment.

Are you optimistic or are you pessimistic?

R.N.

Elliott in the 1930s postulated, we actually have that measure.

We do that survey constantly.

We are constantly measuring how people feel in terms of optimism versus pessimism.

And we do it in markets.

We do it in the stock market.

We do it in other financial markets and money markets.

We do it with bonds.

Those markets move minute by micket, minute, in fact, second by second, based on how people feel.

Do they feel optimistic or do they feel pessimistic at that instant?

And you can start to spot those trends over time.

So now you can see this in things like, for instance, cryptocurrency right now.

Cryptocurrency, even though it has all of these great things that are happening, people are like, oh, I don't trust cryptocurrency because I saw what happened last time.

And so they're very pessimistic on it.

And as soon as that goes away and people are like, you know what, I think this really, there is something to this, all of a sudden it will skyrocket again.

That's right.

Correct.

Yes.

That's exactly right.

So that's an individual case, but the Elliott wave not only does for individual cases, but for the overall sentiment, right?

Correct.

Is this an index?

I mean, is there an actual way of going with the Elliott wave is currently at 6.2, or is this just a theory of looking at the market as a reference for yeah, there certainly are analysts who have tried to create composites of various things like the Dow Jones Industrial Average, the S ⁇ P 500,

various bond markets.

They've tried to create composites and say if we add all of these together, this is what what the wave looks like in terms of an Elliott index of 1 to 100 or 1 to 1,000.

Most Elliotticians though today,

and the modern father of

Elliott wave theory is a man named Robert Prechter.

They just simply leverage the markets that are already there.

And what they're looking for are degrees of movement between a top and a bottom.

What R.N.

Elliott postulated is the markets move in repeatable, recurring waves.

It's not randomized.

Our mood is not some random set of things that just occurs completely at random all the time.

It moves in waves.

We, as civilizations, move in cycles, Kondratiev cycles, for example, and markets follow those cycles.

Kondratyev spotted it in a very different way.

He wasn't looking for social mood or how people felt.

He was just looking at the pure economics of the model.

He wasn't thinking of why are markets moving this way.

He just said, well, they do.

They do move this way.

And he created these long K waves that analysts still use today.

R.

N.

Eliot's addition to that was simply that what is driving those markets is not

just some structured economic model of it's going to move this much and then this much.

What a lot of financial analysts look at.

He said, the way people feel is what drives the market.

Our social mood is the driver behind the markets, not the markets, the driver behind our social mood.

It's why there is, when you're creating a bubble, there comes a time when everybody starts jumping in, you know, and it's irrational.

It is.

And it's just because the mood is so high that things are going to be great.

And so everybody jumps in.

That's a negative effect of the Elliott wave, if you will.

Correct.

So that, you know, we've heard that, of course, from analysts calling it irrational exuberance, the famous Greenspan quote.

Spirit animals and all that stuff.

Yes.

And, of course, getting into spirit animals.

This has been studied, of course, as far back as markets had numbers that you could track over time.

The tulip mania, of course, hundreds of years ago.

And

we can look at the European stock markets and the British stock market leading into our own stock market.

The fascinating thing that comes out of Elliott Wave, of course, you can use it for financial analysis, and hundreds and hundreds of financial analysts do.

There's lots of newsletters you can go subscribe to.

There are people who will bet their entire portfolios that the market's about to decline 20% based on what the Elliott Wave theory says is going to happen and based on how many people are getting into the market.

That's a bad sign.

If everyone's getting into the market right now, very much like we saw in 19.

That's right.

You're in a bubble.

The taxi driver is literally taking their fares that they earned that day.

And at 4 o'clock, they're stopping at Wall Street and dropping them off to a broker to buy stocks.

They don't even care which ones.

Just buy me some stock.

And that would be a very clear sign that you are in a period of irrational optimism, irrational exuberance that is not tied to fundamentals of the markets or of individual stocks.

The same thing occurs at the bottom.

You get tied into irrational negativity, and there's no reason to be this negative about Bitcoin.

The fundamentals are actually quite strong related to that currency and the new markets it is having the opportunity to expand into in South America, in Asia, in Africa, where they're jumping right over paper currencies and going, you know, they're really going from food trade to cryptocurrencies to bypass the government inflation that they could otherwise.

It's great for them.

So there's also irrational negativity around individual markets.

But that's really the time you should buy in from a wave theory perspective.

You want to sell the peaks and you want to buy the troughs.

The other thing that comes out of wave theory, though, is the socio-mic negativity that you see.

Okay, and that's where I want to go next.

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Talking to Justin Wheeler, who is talking to us a little bit about the economy and what's happening.

We've talked about China and what the speculation is, and this would be great if this is what Trump is really trying to do.

He's trying to pull down China

a bit

and make things very uncomfortable for the communist regime.

But I want to talk about this Elliott wave as something that we're now seeing go into the pessimistic side of the Elliott wave, and it is

all-encompassing, right?

It's not just one sector.

That's right.

Again, if you think of looking at financial markets as a mechanism to measure positive upswings in mood and negative downturns in mood,

One of the interesting things about Elliott wave that makes it differ significantly, I think, from other forms forms of technical analysis is that most forms of technical analysis and most financial market analysis or just general social mood analysis look for exogenous events.

Something happened in the outside world that made us feel bad.

Terrorists blew up the World Trade Center in 2001, and we entered a period of negative social mood.

The funny thing is, the market started crashing 18 months before terrorists ever blew up those buildings.

The markets were crashing in 2000.

The attacks weren't until September 11th of 2001.

So the markets were crashing for a full 18 months, and 80% of the total value that the markets lost

in total going into the end of 2001 happened before the September 11th attacks.

Wow.

Not prior.

Wow.

So one of the interesting things in looking at measuring social mood, not just for financial markets, is the fact that things like wars occur when financial markets are depressed, not before.

Okay, so let's, I'm going to to have him lay this out and then tell us what it means

for us right now and for the future.

Back in a second.

Justin Wheeler is with me, and he's somebody who watches the stock market and the economy and the Fed and everything else.

And

we communicate several times a week, usually with me, learning, what the hell does this mean?

And we were talking about this pessimistic mood that has come across the country and the world.

And

we haven't seen it this way since when?

I know we went through it kind of in the 60s,

but how pessimistic are we right now as a world?

It is growing significantly.

I mean, the U.S.

is a little bit of an anomaly right now.

Financial markets around the world peaked years ago and have been declining for years.

We haven't seen

all-time new highs in any markets, really except the U.S.

and a few emerging markets

for quite some time.

A lot of the European markets peaked in 2012, and they've been declining since then.

We see a lot of that pessimism manifest in what goes on in those countries.

France.

France is a great example.

The postulate behind Elliott Wave is that as that

negative social mood and that pessimism starts to take hold, and we as a society start to hurt around that, we start to, well, that's how the group is responding.

The group is pessimistic.

Well, I need to be pessimistic too.

And you start to glob onto those groups.

And if your group is pessimistic, then you're just going to feel that way because there is safety in that herd.

There's safety in that group.

And certainly, I think we've started to see the very strong manifestations of that in the anti-Trump movement.

They're so pessimistic now about

him and about the future of the world or America at the very least with him in power that they can't find positivity anywhere.

They just can't seem to find a happy note to talk about

for any particular topic.

But they're not really looking.

I don't think they're really looking.

That's right.

And one of the things that occurs when you are feeling that pessimistic, anytime you're depressed, it doesn't matter if a great comedian comes on TV,

you don't necessarily find those jokes funny that day.

But another day, you would have found those jokes to be hysterical.

And so it is one of the encroaching things that occurs with irrational pessimism and the negative social mood that occurs is that it becomes all-encompassing and it snowballs on itself, which is why you see the build up to financial market growth is often slow, steady.

There are some spikes in there, but

the classic model is that the road to ruin is rapid.

You can build a market over three years and lose it in 30 days, as we saw in 1929, as we saw in 1987, we saw it again in 2001, we saw it in 2008.

And are we on that doorstep in America right now?

And that's really a question.

There's so much that you're fighting against with pessimism because we're wired, human beings by nature.

We feel loss stronger than we feel gain.

In fact, there have been attempts to quantify it.

I think it's like we feel loss twice as hard as we feel gain, which makes us naturally pessimistic, naturally risk-averse.

And

I'm actually going over this for what I'm going to be talking about on my podcast later today, is this kind of pessimism versus optimism.

There was a report that came out, I believe it's the Simon

Abundance Index, and

this came out like maybe last week.

A couple of professors went through data from the IMF and the World Bank, and basically everything's cheaper.

Over the last 20 years, everything has become precipitously cheaper, everything's more abundant, and for the vast majority of the planet, or I should say for the majority of the planet, the wages have gone up in terms of value by like 80%.

So we're like, we're rolling.

It's really good.

But

the amount of negative stuff stuff happening all the time, if it's anecdotal, is broadcast more.

And so we intuit that more.

I just read this fascinating piece about a thing called sentiment mining, where

there's a, I assume, an academic, he went through and he came up with an algorithm on the New York Times, not to look at the content, but just to look at negative and positive words and to, by that, try and infer the tone of the New York Times.

And you can just see this kind of plunge from like 1960, it's pretty optimistic, and then it just

all the way down.

And it's not correlated with any actual material abundance or harm.

Everything's been going up in terms of, you know, or I should say the bad things are going down, the good things are going up.

I have to tell you,

I have, I don't know why, but I have been blessed in this last year with much more appreciation for things.

Like, honestly,

my kids are,

they're like, yes, dad, we know about the damn bananas.

But like, you know,

1930s, bananas were not a big deal.

Nobody really had bananas.

They were, they were in, you know, certain areas of the world.

By the time you got them, they were, you know, brown and mushy, and you didn't have them.

Bananas sit on my counter all the time.

And I like bananas when they're just yellowed with a little bit of green in them.

They start to get brown.

I'm done with them.

And my son is the same way.

And we've been so picky on bananas.

And so he's started doing, you know,

you don't want to live in my head, but started looking into bananas, industry of bananas.

I want to go down this trail with you, but I want to hear about the bananas.

Do you know that we wiped them out in the 1950s?

Was it the 1950s?

Do you know this, Justin?

We wiped them out.

So they covered that in veggie tails.

That's right.

Terrible, terrible, terrible.

Yeah.

But anyway,

All of the things that we didn't have, even when I was growing up, strawberries, you had them once a year.

You had them at strawberry season you get everything whenever you want it now and it's so cheap yep uh in in my house every year in our christmas sock at the very bottom in the toe of the christmas sock what we received was an orange us too you we got an orange and that was the time of the year that we had access to a fresh orange in our household.

You know, growing up in a poor household is great because it gives you that appreciation.

When I have an orange today and I get it from Starbucks for 79 cents,

I feel extremely blessed and lucky that I grew up in a household where the orange at the bottom of my Christmas sock was the best present I got for Christmas.

I remember going to California for the first time.

I maybe was six and

fresh orange juice and fresh oranges.

We'd never had that before.

You never

hand squeezed orange juice and you just didn't have that.

Maybe if we were lucky,

somebody would buy

a carton or a crate of oranges and you'd split them as neighbors.

But it's not like it is now.

Yeah, man, Andrew's right.

By the measure of oranges in today's households, we're all rich.

In the 30s,

we should have an orange.

If you go further back, it's even more amazing.

Like

I was doing some diving on,

rather than looking at the prices for things, looking at the man hours for things.

And if you go back to like 1800, the man hours you need to put in for an hour of artificial light was like a whole day.

So imagine buying a candle at like 1800, buying a candle.

That's your whole day is working to read a book for 20 minutes.

And now I've got like a Kindle with,

actually, I was last night, a guy came up and looked at my Kindle, and it had 600 books on it.

I think I've read 15 of them.

I think I've spent a lot of money in books I haven't read.

But nonetheless, I was like, that's just amazing that we've got that much information that cheaply available to virtually everybody.

To bring it back to the positivity and negativity in terms of social mood, one other thing you said that is spot on,

and in Glenn's book, Liars, if you have not had the opportunity to read that, we cover this in the introduction.

It isn't just that we are drawn to the negative events as opposed to positive events.

We are on the constant lookout for a saber-toothed cat.

Our ancestors had to spot saber-toothed cats.

They had to see them.

If you didn't see the saber-toothed cat in the brush, you and your family died.

That was the reality.

So we are constantly programmed to be on the lookout for saber-toothed cats that are going to rush out of the bushes and kill us.

And that's why we love global warming.

I didn't see that coming.

Interesting.

You talked about it earlier, but that's why we are addicted to those things.

That's why we love movies that are catastrophe movies where the earth is destroyed and LA falls off a cliff because we are constantly on the lookout for that.

And the person who spots the saber-toothed cat is the hero of the village.

I think this is something I like playing around with is I like playing around with different mental models that's different than kind of the traditional right versus left, which I think is outmoded.

I don't think it's helpful.

But one of the models, and this isn't an explanation for everything, but I think it's an interesting model, is rather than looking at whether you're conservative or Democrat, look at whether you're optimistic or apocalyptic.

And you can see that in

both sides of all camps.

There are people that are prone towards we're all going to die, and there are people that are prone towards, let's go buy some green bananas.

And it's interesting to kind of look at how those mingle with each other.

But I'm somebody who, well, first of all, I know that we're all going to die.

It's just a matter of time.

Whereas I'm like, ah, Microsoft might come up with a brain transplant.

You never know.

You know,

I'm very, very optimistic on the future because I believe in people and I believe in, you know, I believe in our saber-toothed cat.

You're going to survive.

You're going to survive.

And it's probably not going to be as bad as you thought it would be.

However,

you know, I also know human nature enough to know that it's never been like this.

And we will recover and we will become better, assuming that, you know, ASI doesn't kill us all.

We'll be better for it.

We'll be better for it.

So, so who am I?

Which side am I?

I'm going to give you credit for the optimism, but I do think you lend yourself towards the apocalyptic a little bit.

Oh, no, I clearly don't.

Okay, Okay, then I'll say yes.

I think you're the apocalyptic camp.

You were afraid to say that?

Yes.

You're more of a cataclysmic.

You're drawn to the cataclysmic side of things.

And yeah, yeah.

And that's why I'm such a delightful guest.

You know,

and the thing is, is that

you have to have both.

You have to have both in society.

And that's why we're so polarized now because everybody wants only their point of view.

But you have to have, you said it this morning.

You said, you're not a morning guy.

No, I'm not.

I'm not a morning.

And what was your theory behind morning guy?

Oh, okay.

So, all right, morning people.

I'm so happy for you.

I'm so impressed that you woke up this morning and you did your taxes and then you jogged around the neighborhood and walked the dog all before I woke up, which was like rising from death.

No, I think that

to go back to the sabertooth model, our cousins or

our great-grandparents that were fending off sabertooth tigers, there was a moment where we're all getting tired.

We're all around the campfire somewhere there in the Serengeti, and someone said, We're all so tired, but I think I heard a tiger.

And some valiant evening person like me went, You guys go to sleep.

I'm going to sharpen a stick and stay awake.

And they killed that tiger, and evening people saved the species.

We would all be tiger food, and the Neanderthals would be the cock of the walk if it hadn't been for us.

And then the Industrial Revolution happened, clocks came about, and morning people took over.

Well done.

Something's Off with Andrew Heaton.

It's a podcast that you can get now only on the Blaze.

Is that the only rant I've ever done?

The only tirade I have is about morning people.

It is.

It is.

Which is charming.

Which is quite charming.

Justin Wheelie, thank you so much.

And thanks for teaching us a little bit this morning.

Happy to be here.

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So yesterday, we told you that

there are a couple things going on.

That MasterCard and Microsoft have

teamed together to create digital identities.

Now, I heard from a lot of people they were saying, oh, Glenn, stop panicking.

That's not a bad thing.

Okay, sure.

MasterCard announced voting, driving, applying for a job, renting a home, getting married, boarding a plane.

What do these all have in common?

My answer was all the things that social credits in China can stop you from doing.

Theirs was

you need to prove your identity.

And that's why MasterCard and Microsoft have teamed up to create a universally recognized digital identity.

Okay, sounds to me the difference between 1984 and Brave New World, but maybe that's just me.

Then told you also yesterday that there is a gun bill that is now circulating in the house

in New York.

And if you want to buy a gun, you have to turn over three years of your social media history and your internet search history to buy a gun.

Okay.

All right.

I guess that's common sense.

It'll make everybody feel better.

They say, you should have seen this online.

Well,

yes, but then again, who's judging this?

And what is the definition of hate speech?

And what are the parameters of this?

Then today, another announcement from Microsoft.

Microsoft's top lawyer says it will never shy away from providing AI-powered weapons to the U.S.

military.

We at Microsoft have the military's back.

Now,

again,

good.

I'm glad,

except I don't think we should be teaching artificial intelligence to kill people.

Now, maybe that's just me, but I'm a little old-fashioned.

If we're going to kill people, let's actually have a human do it.

Pay an American to do that.

That's a job that could go to an American.

You don't want to automate that.

That'll run off jobs.

And they keep saying that, you know, well, it still has the human kill switch.

I mean, the humans still have to push the actual kill switch.

That is the big thing Elon Musk is big on, right?

Because it's not specifically military, but he's saying AI might kill all of us.

Don't like, like, be careful.

Now, I know you think that I'm a pessimist.

This one, I'm kind of, you know, like super robots killing people.

I understand the cause for some concern there.

Fear not the robot.

Fear Fear the goals of the robot.

And if the goal is to eliminate all hate speech and those who are

pushing hate speech, fear that goal because it will execute it with perfect exactness and it will not stop until all hate speech stops.

That doesn't sound good for humanity.

Glenn, back.

Mercury.