The Glenn Beck Program - Best of the Program | Guests: Charlie Kirk & Carol Roth | 11/8/24
Episode Date: November 8, 2024President-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)
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.
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.
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.
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.
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.
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,
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
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.
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
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
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.
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.
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.
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
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?
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.
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.
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.
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.
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,
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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
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.
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,
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
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
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
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,
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
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.
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.
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,
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,
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
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.
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.
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
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
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.
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.
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?
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.
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
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.
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
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
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.
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.
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.
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.
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.
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.
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
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
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
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.
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,
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.
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.
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
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.
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.
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,
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
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
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
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.
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.
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.
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.
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.
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
TD you can't
to renew with this
instinct that, with
without operation
gratuit,
no amount of minimum
and no free
mensuel.
You're made for
negotiate, and the
TD is there
for you
help.
