The Glenn Beck Program - Best of the Program | Guests: Charlie Kirk & Carol Roth | 11/8/24

Episode Date: November 8, 2024

President-elect Trump released his 10-step plan to dismantle the deep state, including overhauling corrupt agencies, installing term limits, and establishing an independent audit system to ensure that... agencies aren’t spying on American citizens. How can anybody be against this plan? Recovering investment banker Carol Roth joins to share how the market responded to Trump’s victory and how his possible policies will benefit the entire country. Turning Point USA founder and CEO Charlie Kirk joins to explain how his organization mobilized thousands of young conservatives to vote for Trump.  Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript
Discussion (0)
Starting point is 00:00:00 Great podcast today, very positive on the things that are coming. We started making a, you know, Santa Trump list that I want to finish on Monday's podcast. But we had Charlie Kirk on for an hour. We also talked to Carol Roth about the exciting news about what's coming in the economy. I mean, it is a bright, bright future if we can hold it together. And here's the podcast in 60 seconds. All right. I want to talk to you a little bit about the burner launcher.
Starting point is 00:00:28 you kind of always hope the day never comes when you have to defend yourself or your family from a violent attack. But when it does, you always want to be prepared. In a lot of situations, that means having a gun. But using a gun means shooting to kill. If you are somebody who is a responsible gun owner, that's what it means. Don't pull that gun out unless you intend on killing somebody. And that's tough. Well, there's something that you can use that is not lethal.
Starting point is 00:00:55 and it would avoid all the life-altering consequences at the same time. Sometimes you need a gun. Sometimes you need a burner launcher. Less than lethal sometimes is the way to go. And this is the best alternative to deadly force. It fires powerful deterrents like tear gas and kinetic grounds. Check it out now. Made in Fort Wayne, Indiana by Second Amendment lovers.
Starting point is 00:01:16 It's burn a b-y-r-n-a.com slash Glenn. Don't know why this isn't in every school in America, in every teacher's desk. This is the answer to school. shootings in my opinion. Get an exclusive 10% discount now. Burnah.com slash Glenn. B-Y-R-N-A-com slash Glenn. You're listening to.
Starting point is 00:01:52 Fascinating, that's really great to hear, and you tell such amazing stories. Thank you. Thank you for sharing that. I appreciate you asking. Well, it was sincere. I hope you know that. I know.
Starting point is 00:02:03 Let me go to Trump, announcing his 10-step plan to dismantle the deep state. Listen to this. If you haven't heard it, you're going to love this. Here's my plan to dismantle the deep state and reclaim our democracy from Washington corruption, once and for all, and corruption it is. First, I will immediately reissue my 2020 executive order, restoring the president's authority to remove rogue bureaucrats,
Starting point is 00:02:34 and I will wield that power very aggressively. Second, we will clean out all of the corrupt actors in our national, security and intelligence apparatus, and there are plenty of them. The departments and agencies that have been weaponized will be completely overhauled so that faceless bureaucrats will never again be able to target and persecute conservatives, Christians, or the left's political enemies, which they're doing now at a level that nobody can believe even possible. Third, we will totally reform Pfizer courts, which are so corrupt that the judges seemingly do not care when they are lied to in warrant applications. So many judges have seen so many
Starting point is 00:03:19 applications that they know were wrong, or at least they must have known. They do nothing about it. They're lied to. Fourth, to expose the hoaxes and abuses of power that have been tearing our country apart, we will establish a Truth and Reconciliation Commission to declassify and publish all documents on deep state spying, censorship and corruption. And there are plenty of them. Fifth, we will launch a major crackdown on government leakers who collude with the fake news to deliberately weave false narratives and to subvert our government and our democracy. When possible, we will press criminal charges.
Starting point is 00:04:02 Sixth, we will make every inspector general's office independent and physically separated from the departments they oversee. so they do not become the protectors of the deep state. Seventh, I will ask Congress to establish an independent auditing system to continually monitor our intelligence agencies to ensure they are not spying on our citizens or running disinformation campaigns against the American people or that they are not spying on someone's campaign like they spied on my campaign. Eight, we will continue the effort launched by the Trump administration
Starting point is 00:04:43 to move parts of the sprawling federal bureaucracy to new locations outside the Washington swamp. Just as I moved the Bureau of Land Management to Colorado, as many as 100,000 government positions could be moved out, and I mean immediately, of Washington, to places filled with patriots who love America, and they really do love America. Ninth, I will work to ban federal bureaucrats from taking jobs at the companies they deal with
Starting point is 00:05:14 and that they regulate. So they deal with these companies and they regulate these companies and then they want to take jobs from these companies. It doesn't work that way. Such a public display cannot go on and it's taking place all the time like with Big Farmer. Finally, I will push a constitutional amendment to impose term limits on members of Congress. This is how I will shatter the deep state and restore government that is controlled by the people and for the people. Thank you very much.
Starting point is 00:05:48 I just is now tell me what is what is possibly objectionable about that. Everybody wants term limits and he's going for a constitutional amendment. Everybody wants it except for the people in Congress. he wants to ban the bureaucrats from going into the businesses that they regulate after they leave government. That's absolutely fantastic. That stops all of this graft and all of this corruption. Democrats have been asking for that forever. Moving government, breaking it up and moving it to different parts of the country, I think that's smart just for homeland security.
Starting point is 00:06:33 I just hope they don't poison the places where they're moving them to. Independent monitoring of the intelligence agency, so they're not spying on Americans. How could you possibly, as a Democrat, how could you possibly be against that? They're not spying on us, and there's no disinformation campaigns, which we know happen.
Starting point is 00:06:56 The Inspector General's office of each thing that they monitor, being independent from those institutions. So if I'm monitoring, and I'm the Inspector General of the Pentagon, I'm not part of the Pentagon, so I can't be shut down. That is fantastic. How could you possibly be against that? This one is a little, we have to look at the wording. Government leakers, he will fire any government leakers
Starting point is 00:07:31 and prosecute where possible if they are trying to subvert the government or working in collusion to give false narratives to the press. Okay, I think I'm for that one, but I want to make sure that leakers and whistleblowers are protected. The FISA courts, Stu, how could you possibly be against that if you're a Democrat? and the Justice Department. Clean up the Justice Department. What was the other one?
Starting point is 00:08:05 Oh, going for the truth and reconciliation. That's a document dump. Who's against document dumps? I'd like to know exactly what the truth is on all of these things. I want to know. I think this is uniting. Now, the press will make this into, you know, horrible dictatorial stuff.
Starting point is 00:08:26 but it's not. If the Biden administration would have done this, I would have been for all of these. Now, what is the problem with them, Stu? Yeah, I mean, I think if you go through all those proposals, probably the worst thing you can say about them is that several of them are sort of just not particularly interesting to the average person.
Starting point is 00:08:51 Like, I think a lot of people don't even know what a FISA court is, right? Like when you're talking about it from that perspective, they might be good policies, but they're not going to be exciting. And they range from that to the most popular proposals in our public discourse. I mean, you're talking about things like term limits, which, you know, you're talking about 80% popularity around a proposal like that. And the only thing stopping it is Congress. They've been, you know, doing this forever because they're protecting their own gigs. Now, I will say I'm going to be very, very entertained when part of this proposal, he floats to taunt the media a third presidential term, that's going to be fun.
Starting point is 00:09:33 And I can't wait until he does it because you know he's going to do it. Well, if senators get 12 years, why wouldn't a president? Your favorite president? Why wouldn't he get 12 years? I want him to, I want him to float the idea of packing the court. I want him to do that just so badly because everybody would be like, that's, you can't do it. That's ridiculous.
Starting point is 00:09:55 He's going to control the court. work forever that way. That's unconstitutional. I'd love him just to float it for about a week and then go, huh, thank you for all of those sound bites. We will use them against you if you ever get in power and try to pack the court. Because you clearly know why this is wrong. Yeah, honestly, like, I would, I love that approach. I think he comes out. He says, I'm going to start studying those proposals made by the left during the last couple of years. Some of them sound interesting. Let them all get excited and then come back, pull the rug out from under it,
Starting point is 00:10:33 and propose something that locks it at nine forever. Seriously. I mean, like, this is ridiculous. Let's just set it at nine and then be done with it. This shouldn't be something that is even talked about. It is a ridiculous manipulation of power. We've seen the left try to do it a hundred times. Let's get rid of that one forever.
Starting point is 00:10:52 If you're going to go through a constitutional amendment process, check that one in there too. So some friends of mine sent me a text message between two friends that just came in. And I really, this is mental illness. It really is mental illness. Listen to, listen to this exchange via text, okay? Did you all vote Republican, just trying to figure out who to trust? We voted both ways. We're libertarians. Okay, this is the response.
Starting point is 00:11:28 We voted both ways. We're libertarians. Sorry if you feel our choices in this election is needed to end a friendship. I feel like we've trusted one another throughout the years. Unfortunately, no one is perfect in either way that you choose. I hope you can still feel comfortable reaching out to us if you ever need anything and still be friends. Now, this is a long-term friendship. Men are hurting us.
Starting point is 00:11:54 they're laughing gleefully at our pain. If you voted Republican, that's all because you're okay with that. Men are hurting us. Could you be more specific? Men are hurting us. Can you also show me where the men are that are laughing in your face? They're holding up signs saying, women are property.
Starting point is 00:12:18 Could you help me out with that one? Could you show me a picture of those signs? That one I did see a real estate listing that did list women as property. So that is happening. Oh, okay. So it's mostly online. Yeah. Okay.
Starting point is 00:12:33 Okay. Are your daughter's property? Well, they are now. Huh? What? Now, this person responds in a way I wouldn't have. I would have saved this one for later because I would, I had too many questions on what she just said.
Starting point is 00:12:47 But she said, are you all going to sell the Tesla now? Isn't that supporting Musk in the Republican Party? then the friend responded, I saw your Ted Cruz sign. He wants my child dead. That was a weird part of his campaign. The whole I want your child dead vote for me instead of all red, chant.
Starting point is 00:13:09 But it worked. He won. And then she responded to the Tesla thing. No, we bought it used. And there's no way to escape capitalism right now. But you chose this. You chose to make women property. Well, I'm sorry that you feel like you have.
Starting point is 00:13:25 to unfriend us. There were good things on both sides. You hate us. Then if you hate us, then you really never knew us. I hope you get everything you voted for. I hope it all affects you personally. Me too, actually. I hope it affects you too because it'll be good. You hate me and my child if you voted for people who openly called for our deaths. Who called for your deaths? Please give me. Before you break up a long-term friendship. Can you please just give me the original source of people calling for your deaths? Now, I'm sure there are people online that have said really crazy things, because honestly, let's go up about four paragraphs in what you just sent. You say really crazy things, too.
Starting point is 00:14:13 So let's just deal with who said that when it was said, what the context was, because I've never heard that before. So now, we all know. I are. already knew, but I hope you were able to see what was really happening because you're not stupid. Please forget we exist. I beg you not to talk to anyone about my son who is disabled. We're first on the chopping block. Now, apparently, the son is trans and disabled. Well, you know what? I think there are rules at Auschwitz. Yeah, he would be first. Oh, we don't live in Nazi Germany, do we? Please forget we exist. And don't turn us in.
Starting point is 00:14:58 Uh, wow, you are 100%. I guess we voted wrong. Sarcasm in the face of my pain? What pain? What pain? Your pain is being caused because you believe lies. If you actually think that Donald Trump wants your trans-handicapped child dead, you have no idea.
Starting point is 00:15:23 You, you are so far. are out of reality. I hope you have a lovely day. God bless you and your family. Typical. I'm not kidding. Please don't hurt us. We don't exist.
Starting point is 00:15:36 You don't know us. You're so compassionate with your name calling. And if you believe that, stop texting us. What name did I call you? I will stop, but I didn't call you any names. I did not. I truly hope that you'd see the light because of the cruise sign didn't come back. I thought you would care that.
Starting point is 00:15:54 that women are dying. Again, give me a fact. Show me an original source. Where are women dying? We are now literally property of men. You say literally, show me the source on that. My mistake. You said we were stupid for who we voted for.
Starting point is 00:16:10 No, I said you are not stupid, which means you did it with purpose. Oh, so I'm not stupid. I'm just evil voting knowingly for your child to be killed. May your daughters bleed out in the hospital parking lot now. I hope you have the good sense to be lesbians or childish cat ladies. Again, as I said, you're 100% right. Maybe four more years we can be friends.
Starting point is 00:16:38 L.O.L. Women are property now. What the hell is wrong with people? All right, let me tell you about relief factor. It's a daily supplement that helps your body. body fight pain by fighting inflammation, which is the source of most of the pain in our bodies and a lot of the disease as well. It's 100% drug-free developed by doctors to help reduce or eliminate pain, whether it's neck, back, joint, or muscle pain. Relief factor can help you feel
Starting point is 00:17:07 better and can help you start to live better. Over a million people have tried relief factors Quick Start kit, including yours truly. 70% of them have gone on to order it again and again month after month, I am again one of those. So stop masking your pain, start fighting back naturally. Give Relief Factor a try. Right now, their three-week quick start is only 1995. That's less than a dollar a day. Visit Relieffactor.com or call 800 for relief. 800, the number four relief. Relieffactor.com. Now back to the podcast. This is the best of the Glenn Beck program. All right. First, the first person we have to thank, or the first thing that we have to thank is God. God worked miracles in this country this last week. And we would be remiss and really poor children if we didn't recognize his hand in this election.
Starting point is 00:18:05 It is incredible what has happened. I told you before, I can find a million ways this thing flies apart. but there's only one way we hold it together, and that's God. And I think we've all witnessed that. Now, on the human level, one of the guys who I don't think has gotten enough credit yet, but will get all the credit he deserves, is Charlie Kirk. Charlie started something called Turning Point USA. I know you know of it. He is the host and founder of, I'm sorry, the founder and CEO of Turning Point,
Starting point is 00:18:41 also the host of the Charlie Kirk show. but this guy I don't know what we would have done without you Charlie I mean you really turned the vote out thank you well Glenn first of all you said it correctly glory be to God we were one millimeter a couple millimeters away
Starting point is 00:18:59 from the entire country going into Bedlam you see that so perfectly said throughout the entire campaign I had this the spirit of paranoia like are they are we really going to do this are they going to come up with another sneak attack? Are they going to do another COVID? Are they going to? And at every corner and every turn. And so glory be to God, God is not done with this land, Glenn. And God is not done. And the second, I wish I could
Starting point is 00:19:26 take credit for all this, but is the American people. And I know it sounds cliche. I know it sounds generic, but the American people withstood the most intense propaganda political hurricane of American history. There's never been anything like it. It was worse than 2020. It was worse in 2016, calling us Nazis and fascists and, you know, saying that Donald Trump was going to, you know, put people in camps and all that. The American people weighed their options, despite Kamala Harris outspending Trump three or four times to one and make the right choice. But look, I just, we played a small role and we did it in two ways. We've said on this election, we want to try to lose by less with younger voters. And then we are going to create the most
Starting point is 00:20:08 sophisticated, low propensity, get out the vote turnout machine. in modern political history for the right. And here was our theory of the case, first on the get out the vote, which is that we believed that there were millions of people that were Trump supporters that were not a yay Trump, and they would be with them, but they weren't putting a ballot casting a vote. And we tested the theory of the case when I started to go to Trump rallies, and I would ask people, and I'd take a lot of selfies,
Starting point is 00:20:42 people are super nice and they love the country. And one out of 30 people, I'd say, hey, are you registered? to vote and they'd say, oh, yeah, I think so, yeah. And I'd get this kind of, you know, half answer. And so I went back to my team. I said, guys, I think there's a lot more in this reservoir than we realize. And so we compared it with the data, with the Trump campaign, which we were allowed to do thanks to a FBC ruling back in the spring. And we said, guys, let's beat the left at their own game. Let's engage in early voting, even though it's a flawed system in a way that has never been done before because it gives us actually more days to get low likely voters to go vote. If you have 30
Starting point is 00:21:20 days to do it, you can then get someone who is not as easy to persuade to vote because then you can get five or six touches on them. So we hired well over 1,000 full-time people. It's the greatest ground force that's ever done. We raised tens of millions of dollars, praise God, from our donors. And we pitched them on this saying, hey, the road of the White House is going to be going through these states. We know that. We're going to need to first register a ton of voters, build relationships in communities, and then drive a turnout machine over a 30-day period to get Donald Trump across the finish line. And the states that we primarily focused on was Arizona, Wisconsin. We had some work, of course, in Pennsylvania, in Georgia, but really Arizona, Wisconsin.
Starting point is 00:22:00 And in Wisconsin, I can tell you that if it wasn't for our effort, Donald Trump would have fallen short. We chased an excess of over 70,000 low propensity voters in Wisconsin. Wow. Donald Trump won by 28,000 votes. here in Arizona, as we are speaking, we still have 850,000 votes left to count. We like to take at least 90 days to count our ballots here. It's a joke. And Carrie Lake is only down 40.
Starting point is 00:22:24 It's really something else. I know it is. By St. Patrick's Day, we'll find out who won the Senate race. But Carrie Lake is down 44,000 votes here in Arizona. And she might fall 10,000 votes short or win by 10,000 votes. But thanks to our effort. and the team, a holeing gap for Carrie Lake. And so, look, basically what we did is we took this movement that Donald Trump created,
Starting point is 00:22:50 that Donald Trump led, and we added machinery to the movement. And we were able to successfully turn Trump supporters into Trump voters. You know, Charlie, I've been, you know, obviously looking at this forever. And we've never had a GOP that could get out of its own way. We've never had one that was competent. we never had a plan other than, hey, we're just better. And we lost it every time because we were either stupid or we just couldn't get out of our own way and get people to the polls. This time around, I felt real confidence that the GOP had these issues covered at the polling places,
Starting point is 00:23:34 that it was going to be secure, that if it wasn't, they had the attorneys and they had everybody else out there, just like the Democrats do and we were going to catch the bad guys if the bad guys showed up. So I had that confidence and I also had confidence because of what you were doing that we were going after
Starting point is 00:23:54 the low propensity voter. I've said for years, hey, somebody should get a bus like they do and bid people on a bus and take them to the polls. Somebody should do this. I know you did. I know you did. And that made all the difference in the world. Well, thank you, Glenn. And let me say one thing, which is that, again, our theory of the case was that, okay, the RNC was going to limit some of the shenanigans, which, by the way, we didn't completely eliminate.
Starting point is 00:24:25 Without that, we would have Senator Mike Rogers and Senator Hubby in Wisconsin. But one of the ways you offset the shenanigans and the tomfoolery is you outnumber them. And so you have so many ballots in the volume of the system that, you know, their midnight drops in the miller. Milwaukee are just not going to be sufficient. And it turns out that that was a correct way of looking at it. And I want to say one of the thing, though, is that this was very, very difficult work. And our team deserves enormous credit. Not just the full-time staff. You'll love this, Glenn.
Starting point is 00:24:56 We did a thing called Commit 100, where we said, hey, if you're across the country and you're tired of just listening to talk radio and watching TV and seeing your country fall apart, if you will be able to fly yourself to Arizona, we'll put you up in a hotel room for a week, or two, and we will give you the mobile technology to go chase ballots. We had over 2,000 people from across the country that were working neighborhoods in Arizona to go chase ballots. 2,000 volunteers from across the country. On top of, in Arizona, are 600 full-time people on the ground. So we blanketed this state. And Arizona, again, it's my passion, is the best performing of the seven battleground states, and we're still counting votes. It's the greatest swing of any
Starting point is 00:25:39 battleground state from 2020. And it should give your audience a lot of renewed confidence is that we are catching up to how the left has gamified our elections. They turned it into a game, who can get the most amount of pieces of paper in the box. And we were, we are still dealing in an antiquated mindset where we believe that elections were just about worldview and values and issues back in like 2004. The left, they changed all the rules and they made them permanent during COVID. And between 2022, especially in 2024, we learned the rules, we caught up, and then we beat them at their own game. And that is what is so promising and encouraging that we are able to add this machinery to a once-in-a-generation movement. And I will add one other
Starting point is 00:26:24 thing is that some people are saying that it was a landslide. It was, however, Glenn, we're talking about Donald Trump. The final canvases will come out. He won Wisconsin by 30,000 votes. Michigan, the turnout operation, without the voter integrity operation from the Trump campaign and the RN, make an argument. And also the second layer is that we did 25 points better with younger voters. We won the youth vote in Michigan. We almost won the youth vote Wisconsin. What do you attribute that to other than, you know, your work and the work of others? And do you, how much do you put into Elon Musk, RFK, Joe Rogan, Theo Vaughn? Yeah.
Starting point is 00:27:11 Yeah. First of all, Elon Musk is an American hero. And that guy is the best of America who decided to just put everything on the line for his country. And I can't say enough good stuff about him. And by the way, President Trump deserves so much credit for doing these long-form podcasts. This was the year. This was the election of the podcast. And Democrats were unable.
Starting point is 00:27:33 This is the end of the main. I said this the week before he went on Joe Rogan. I said, you watch. Joe Rogan, he'll go on Joe Rogan, 100 million people, and it will be the end of the mainstream media. This will show everybody for 2028. There's no reason to do a debate on ABC. There's no reason to go do an interview with CBS. Why?
Starting point is 00:27:55 Why would you do that? Everything changed this time. That's exactly right. And I attribute a lot to that. And in addition, Donald Trump was able to, he was able to sit for three hours with no notes and go deep on the issues and have a total command of the subjects. And people, here is the new standard, though, and the Democrats have to know this. You will never win another presidential election if you nominate a candidate who is unable to do long form podcasting. People won't trust you.
Starting point is 00:28:28 Period. And the story. And if you do not have a candidate that can go deep and that can think on their feet and, you can, you know, have memory recall and be personal and charming and affable, the American people reject that. Long gone are the days of seven-minute, 60-minute interviews, right? Or, you know, 10-minute meet the press where you have five questions and they're prepared, and that's it. Now you have to earn the vote because people are going to listen to you for three hours
Starting point is 00:28:53 and see your tone and your inflection and whether you mean it. And so Donald Trump excelled in that. And Joe Rogan deserves such credit for having the platform. And to his credit as well, he was very fair. He wanted to broker a fair, you know, deal where Kamala was invited and Donald Trump. The other thing I will say, though, and I think you'll appreciate this, Glenn, with younger voters, is that there was pent up rebellion energy amongst young Gen Z voters, especially men, for how they retreated during COVID. During COVID, they had their proms canceled, their graduation, summer class, a lot of their friends committed suicide.
Starting point is 00:29:29 they're part of this generation that was hyper propagandized by the left wing woke stuff during the summer of Floyd. And they realized that it was lies and that it was misrepresentations. And then they get their news from podcasting. And podcasting kept on talking about how great Donald Trump was and how awful Kamala was because that was the right framing. And the generation started the tilt right. And so what was so remarkable is that Democrats, they didn't see this coming. They were so confident they were so cocky that younger voters were going to continue to support them. Again, you could make the argument if it wasn't for the mass movement of younger voters in some of these states, Donald Trump might not have won. And again, the Sunbelt was a separate story. We did very
Starting point is 00:30:14 well on the Sunbelt, four or five point margins. But the Rust Belt was one and a half, one point margins. We're coming up 30,000 votes here. So all these things add up in a very significant way. And it also should give your audience such hope. There's almost no documented case of a generation that becomes more liberal as they get older. So the fact that this generation is the most conservative voting generation since 1988, that means that the future is only going to get redder. It's only going to become more conservative as they own property and get married and have children. So our starting point is the best starting point for our political movement since Ronald Reagan. You're streaming the best of Glenn Beck. To hear more of this interview and
Starting point is 00:30:55 others, download the full show podcasts wherever you get podcasts. Welcome to the Glenn Beck program. We're glad you're here. So it's very exciting. I'm just writing my dear Santa Trump list. Take care of the border. Justice reform. Elon cuts. Maha. Tax cuts. I'll take it 15% corporate, but can we start with zero with tariffs? Deep cuts in regulations. Department of Ed, close it down. Pentagon. Stop the madness. That's all I've got so far, but it's going to be a long list. I'm going to send to Santa Trump.
Starting point is 00:31:35 If you have any suggestions, I love to hear it. One of the things I know he's going to do is probably give, you know, a great gift to anybody who has Bitcoin or anybody who's in the Bitcoin industry, because he has said he is against the Fed Coin. and he in his administration will stop that from ever becoming a reality. I hope he can pull that one off. But gold is up still. It's down, what, $30 from Election Day, but it's still doing well.
Starting point is 00:32:12 I think $2,700 was just coming off of all-time high. Yesterday, all-time high for Bitcoin. That's come down just a little bit. But the economy could roar. And we have Carol Roth with us. Now, hi, Carol. Hi, Glenn. We promise people that we would get together and have something good to talk about at some point in time.
Starting point is 00:32:34 So we've manifested this discussion and we have optimism. And I think that's actually my most exciting point is the optimism. It could be four and a half years since we've had real optimism in this country from the time of the COVID mess through the Biden-Harris administration. And sentiment is such a self-examination. And sentiment is such a self-fulfilling prophecy, you know, particularly for the economy, but in all aspects of life. So the fact that we have this huge sense of relief is lifted off our shoulders, not to say that there's an easy road ahead, but just to have the optimism that, yes, we can go out and do this. It's such a blessed, blessed day and week. Amen on that.
Starting point is 00:33:18 So the stock market, you sent me something, oh, maybe six o'clock. on Tuesday night and you said, Glenn, stock market is up 200 points. That bodes well for Trump. And then it just kept going up. The, you know, after hours stock market just kept going up all throughout the night. And it's doing well. They didn't, usually they will bake in what they think is coming.
Starting point is 00:33:45 They really thought a Kamala administration was coming, didn't they? No, they actually had baked in a Trump win. So that's why this was so staggering. I think what they didn't have baked in is what a resounding mandate that he would have, the fact that he would have the Senate, the fact that he'd win the popular vote. You know, obviously we're still waiting, but hopefully the House, the fact that this was the country saying, we want this mandate. And CNBC said this morning that we are on track for the best week in the stock market in a year.
Starting point is 00:34:18 And what is most exciting about what's happened in the market is that it has been a very, broad raise. You know, we've been through a time over the past several years. We're just a handful of tech companies. Yeah, they're the ones who've been lifting the markets. The Russell 2000, which is the smaller cap publicly traded companies, they were up 5% the day after the election. Five percent in one day, which means small companies and medium-sized companies think that they're going to get access to capital and have the optimism to grow their business. And we know we need that broad-based growth, not just a handful of companies. So that was really one of my big takeaways. I mean, if I were somebody that wanted to start my own business, I would be planning
Starting point is 00:35:01 on it right now. I mean, I think America has a chance to have another golden era here. And, you know, maybe they put a stop to it in four years. But if it is, if he can turn this thing around quickly and and actually make the kinds of moves that he's talking about, massive fundamental change in the, just the garbage of the bureaucracy, that could, that could affect us for a very long time. And you could also see with that kind of success 12 years, not just him, but then two terms of J.D. Vance. Absolutely. And I think for a small business, businesses in particular, the people who are looking to start them or grow an existing business, there were three key areas that the Biden-Harris administration really tamped down on that sort
Starting point is 00:35:59 of optimism from the backbone of the economy. The first one being the ability to work flexibly. You know, the Trump administration had put this very pro-independent contractor, pro-gig work framework in place, and they reversed that in its entirety. So the fact that that goes away is huge. From a regulatory standpoint, $1.7 trillion in regulatory burden is the estimate of the Biden-Harris administration on small business alone. Small businesses don't have time for this and they don't have the staff or the money for this. So the fact that we know we're going to get more of that regulation cleaned out is absolutely huge. And then the tax uncertainty. You know, the tax cuts and job backs is set to expire next year in large part. And the fact that, you know, we know that Trump is
Starting point is 00:36:48 going to be, you know, more open to, you know, extending some of those cuts and maybe even further cutting and hopefully helping small businesses have that certainty because you can, again, can't make those investments if you're not sure what's going to happen. Plus, we know we're not going to get the crazy capital gains taxes and the wealth taxes and all those other things that are proposed. So this is really a three-legged stool that will help. to unleash growth. And it is, you know, it is such, such a blessing. So let's go over some of the things that he has to do.
Starting point is 00:37:21 He's obviously going to fix the border and deport people. I can't take it anymore. This is the largest deportation in U.S. history. Well, I never, I didn't even know that the largest deportation happened under Bill Clinton with 11 million people deported from our country. 11 million. Nobody said boo about that. Our population is bigger,
Starting point is 00:37:49 and what is he talking about? Maybe 10 to 15 million, maybe 20. This is ridiculous that everybody's freaking out when Bill Clinton was the guy who did it the first time, and it didn't hurt anything. Yeah, I mean, we've had a mass invasion. And while, you know, something like mass deportations may sound like just a security or a social policy, it's obviously very much an economic policy. The estimate from fair, just in 2023 alone, so forget about this year, was $150 billion that was spent on these illegals.
Starting point is 00:38:26 And that doesn't include things like what it does to the demoralization of communities, what it does to keep wages suppressed and people on the sidelines. Back in 2020, the estimate. Yeah, the 2022 estimate for the number of illegals in the workforce was 8.3 million. You could imagine that that's up at least 50%, if not more. So those are jobs that are having artificially suppressed wages and being taken away and demoralizing, you know, working age individuals, particularly men, from getting into the workforce. So this is a huge financial issue for us. And whatever the cost is, to get them out of the country will be worth it because the return on investment for doing that in all facets will far exceed it. It absolutely has to be the first thing that he does.
Starting point is 00:39:16 We know that he's also going to, one of the first things he's going to do on the first day is restore our energy policy. Drill baby drill and open up all of that stuff again, thank God. the the ESG I just got a note from somebody who said One investment bank is advising ESG fund managers to keep their lawyers very close Anti-trust risk remains high
Starting point is 00:39:44 for asset managers in ESG There haven't been any cases yet Thus there's no legal precedent Further legal risk regarding fiduciary duty Will stay relevant as states enforce antitrust ESG laws ESG, do you see the stake going through its heart? I mean, we certainly hope so.
Starting point is 00:40:03 The challenge with something like ESG is they always repackage it and it comes back to life as something else. It's kind of like the vampire whose shape shifts into something different. So my guess is that ESG as known as ESG goes away and then they come back and they can cock something else and now it has a new name. So it is a bit of a whack-a-mole. We're going to have to continue to be on it. But I absolutely think that there is going to be, there's already a huge push to get away from it, in part because everybody is seeing all these promises. Oh, ESG is going to do all these wonderful things for investments.
Starting point is 00:40:36 That hasn't materialized. And it really has been this greenwashing. So I feel like it's already on that trend. And this could be the final nail in the Vampires Coffin until he rises again. So the cop 25 is coming up. and the last time that he attended, or the first time, I don't even know if he attended, he might have just sent a note,
Starting point is 00:41:00 We're out of the Paris Accords and everything else. That too is going to shake the global community and really put, I mean, it could take it down. If he is really strong on this, you know, world economic forum garbage that has been, shoveled. If he's really strong on that, he could put the stake in its heart. You get the right government efficiency commission and we should be out of everything. We should stop funding the WEF. We should stop funding the UN. We should stop funding all of this
Starting point is 00:41:38 insanity and take that money and make that available to pay down our debt and to shrink our deficits and to stop with these NGOs who are getting massive funding from us and then coming in and trying to ruin our lives. So when you add your list to Trump, Santa, please include getting rid of all of the funding to these ridiculous organizations. Well, I think that goes kind of under the border thing, because that's where we've really enriched these NGOs
Starting point is 00:42:08 here in the country. I mean, some of them should go to jail. They brought these people in over the border with our tax money. They flew them around the country with our tax money. I mean, I think there should be at least an investigation. on that. I second you on that one. When it comes to taxes, what do you think about the idea? You would need to actually do both of them together. I'm not a tariff guy. But if your goal is to rebuild America and to rebuild our manufacturing
Starting point is 00:42:42 and bring money back onto shore and jobs back onto shore, if you cut, like he was talking about no income tax. If you cut the income tax and reimpose stiff tariffs, what happens? So I hate to be the bearer of bad tidings and math here, but the math doesn't really work out because you have to remember 70% of our economy is service-based. And even if you boost up manufacturing on a big level, the amount that it would take to replace what we have in terms of an income tax, it just today is. is not mathematically possible.
Starting point is 00:43:21 We also have this scenario where we're trying to make sure that the GDP increases and that our revenue stays pretty stable at the same time that we're trying to get rid of the additional spending. And that is going to be a very delicate dance. So I think this is something that needs to be managed strategically. Could you come up with a flat tax or a 15% tax? Sure. that just makes the economy roar.
Starting point is 00:43:50 I absolutely do think that you can do that. And something that is simple also takes away a lot of the administration and the burden that comes along with that, that makes, you know, just takes away productive time from people. You're spending it on paperwork instead of spending it out in the economy. So I do think there could be something that is streamlined. But again, the tax code is so insane. I imagine that will take some time, but would completely welcome it. And there are so many entrepreneurial people who are around Trump this time around, you know, the Elon Musks and the Vivek's and whatnot.
Starting point is 00:44:27 I think this is the time where there's an opportunity to actually get something like this done. And we need that, Glenn. We need to have the growth because if we don't have the massive growth, we're not going to be able to shrink the government. We're not going to be able to do these things without unleashing massive inflation. So that's the dance that we have. Good. Thank you very much, Carol.
Starting point is 00:44:48 I appreciate it. And we might want to have you back on a Monday. I'm trying to get somebody who is for the Trump tariffs and everything. And I want to hear the best of the other side. But it would be great to have you listen to that and then say, okay, not this. Just so we can hear both sides. Thanks, God. I appreciate it.
Starting point is 00:45:08 Okay. Have a good one. You got it. When you were little, you own have braced, of course of recreat, always in trying to negotiate and to make a change. The appellee Negotiate-Titre
Starting point is 00:45:19 TD you can't to renew with this instinct that, with without operation gratuit, no amount of minimum and no free mensuel.
Starting point is 00:45:27 You're made for negotiate, and the TD is there for you help.

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