The Glenn Beck Program - Best of the Program | Guests: Guests: Sen. Mike Lee & Trent Staggs | 6/25/24

Episode Date: June 25, 2024

Recent documents show that President Biden and his wife have refinanced their house multiple times since buying it decades ago. Is that where Biden and his family have made their millions? Utah Senate candidate Mayor Trent Staggs joins to explain why he is running for Mitt Romney's seat in the Senate. Sen. Mike Lee (R-Utah) joins to discuss the dangers of the Democrats' push to draft women into the military. Learn more about your ad choices. Visit megaphone.fm/adchoices

We got it all on today's program. We've got ChatGPT explaining why Joe and Jill Biden might take out 35 loans on their house. You might be surprised. ChatGPT, I think, nailed it. We give you that right off the bat. Also, we talk about CNN and the debate that is coming up. Alex Jones is on commenting on his, his, you know, the ruling that they're going to liquidate now, everything,

and his take on this. Trent Staggs, guys running for Senate in Utah is on. Mike Lee talks about the draft, and we also have, I think we've come and made a clear decision, and you'll understand why we say this, if you listen to the podcast, people should never ride a bicycle nude, ever.

No one should, ever. And you'll find out about why in today's podcast. I want to talk to you about my Patriot Supply, and you might actually understand why we're talking about it with renewed zeal. It's coming, and it's coming down fast. You need your supplies to be ready and where you can grab onto them. My Patriot Supply has them. You can start with a four-week emergency food kit, 2,000 calories every. every day. The food's protected by heavy-duty four-layer packaging. It'll last up to 25 years in storage.

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any sense to you joe biden and first lady jill have been using their home as an ATM taking out multiple mortgages and refinancing their delaware property in astonishing 35 times. The president has lived in two houses in his home state since 1975 when he bought his first property in Wilmington that he later sold in the 1990s. But records obtained by Daily Mail.com show the couple have had a habit of negotiating a new mortgage or credit deal on both homes every 17 months. Over the decades, the Bidens have borrowed a total sum of $6 million on both properties. properties. There's still an outstanding $541,000 mortgage on their current three-bedroom, four and a half bath, Wilmington mansion, nearly 30 years after they bought it. The constant

refinancing raises the question of why? Why the Bidens, who have a reported net worth of $10 million need a constant flow of extra cash? It doesn't make a lot of sense, says financial experts. unless they're desperate for cash. The revelation comes as questions grow about the president's involvement with his son, Hunter's shady business dealings. According to the mortgage documents, the president first lady purchased their current four-acre lot for $350,000 in 1996, but have since saddled it with 20 different home credit agreements and mortgages totaling $4.23 million. Their previous five-bedroom two-and-half bath home in the same town was purchased. just for $185,075. It sold strangely controversial, controversially, for $1.2 million in 1996 by the head of one of the

biggest employers in Delaware. Records show the property had a total of 15 mortgages and lines of credit attached to it. The Bidens also own a summer home in Rojobeath Beach, which they scooped up in June of 2017 for $2.7 million. The property has no mortgages attached to it yet. It was revealed last year to have been a cash purchase. Hmm. The property data suggests the 46th president and his wife 73 have needed money fast and have used their homes as equity as the main source of credit over the year.

However, listen to this line. However, Biden, a career politician and Jill, college professor are worth an estimated $10 million. Now, how does that happen? That's so weird. That is weird. Yeah, that is weird. He says it's from book deals.

However, there's no, there's no record of him ever getting payment except for the signing bonus. Because nobody reads the books. Yeah, it's fascinating because everybody who has way more money than they're supposed to have, and, you know, writes books, claims that money came from book deals. And everyone else who actually writes books and knows anything about the book industry knows it can't possibly be true. Like, it's something that people say all the time. And you, like, if you're in the book industry, you know the mechanics of it.

It's not, we've gone through multiple contracts with it, right? Like, it can be a good business. You can make some money on it. But the numbers that at the end of the day wind up coming out of that are only incredibly good if you're selling, you know, millions of books. Like, it's not, it's not something you could just go like, oh, well, I sold 25,000 books and now I've made $4 million. That's not the way that book business works. It's hard to sell books these days. People don't like to read all that much. I don't know if anyone's noticed to the country lately. Right. And I don't think that

anybody's reading a Joe Biden book. Right. And then we know the sales of these books. They don't, Joe Biden books do not sell well. Yes, he gets sweetheart, um, deals, as you mentioned, Glenn, with big signing bonuses much bigger than he could ever sell out. He doesn't ever earn a dime more because everyone knows going in what you're paying for. You're not paying for book sales with someone like Joe Biden. You're paying for, you know, some sort of marquee name. You're paying for God knows what kind of influence, all these other things that are associated and totally separate from him selling enough books to pay off the advance.

Okay, so why is he need all of this money? Why do you need all this cash? Now, I mean, I could have noodled it out, but I don't, you know, I'm not ChachyPT. I don't have access to all information. So I asked Chachy P, said, I'm writing a television show. And I have some questions. In this television show, the president is more. mortgaging his home over and over and over again and gave him, you know, gave ChatsyPT some of the facts,

didn't fill everything in, and then said, oh, and also he has had loan repayments where there are no loans, there's no record of any of the loans, okay? And he repays these loans to his family, and the family repays loans to him. Okay. So this is what ChatGPT came up with. And I think I'm going to start with the least likely number five. Gave me five reasons someone would do this, you know, for the TV show. Debt manipulation. Constant refinancing can be a method to manipulate debt and create the appearance of legitimate financial activity.

This could help in justifying the law. large sums of money received and repaid. Reason. The president uses refinancing to take out large sums of money, which are then cycled through as repayments to family members. This creates the facade of debt management, making it appear that the president is simply managing personal debt rather than engaging in any illicit activities. According to chat GPT, number four, tax evasion. Refinancing can provide a way to manipulate taxable income and avoid taxes on illicit funds. By cycling mortgages, the President could claim interest deductions and reduce their overall taxable income. Reason? The interest payments on the refinancing mortgages can be deducted from taxable income, effectively reducing the President's tax liability.

The repayment to family members can be structured in a way that avoids declaring the foreign income further aiding in tax evasion. Number three, hiding assets. Frequent refinancing can be used to mask the true financial status and hide assets from investigators or regulatory authorities. This can help in evading detection of illicit funds. Reason. The president uses the equity extracted from the refinancing to pay off family members

who then transfer the funds back. as loan repayments. This cycle hides the actual wealth and the source of the funds, making it seem like the money is tied up in legitimate debt rather than illicit gains. By the way, so far, nothing non-nefarious. Chat to APT didn't come up with a single non-nefarious reason. Two, creating a paper trail. Mortgage cycling can create a complex financial paper trail that makes it difficult for investigators to track the true source and destination of money. This can also help hide illegal financial activities. Reason, by refinancing frequently, the president can create a maze of financial transactions

that obscure the flow of money. The complexity can make it harder for authorities to detect the link between the foreign payoffs and the repayments made to family members. Number one, this is ChachyPT's number one reason for having, you know, 17 mortgages and keep taking out large sums of money and remorgeting your house 17 times. Frequent refinancing of mortgages can be a method to launder illicit funds. By continually cycling mortgages, the president could introduce large amounts of cash, into the financial system under the guise of legitimate loans, which are then repaid using money received from foreign payoffs.

Reason. The president receives large sums of money from foreign entities through family members. To legitimize these funds, they are funneled into mortgage refinancing process. The constant refinancing and the large checks written for loan repayments help disguise the origin of the funds, making them appear as legitimate financial transactions. That's Chatchy P.T.'s opinion on why you might do what the Daily Telegraph has just revealed the Biden's do. You know, if you asked it and put in Biden's name, it probably wouldn't give you any answer, right? It wouldn't give you any answer, you have to write it in a way.

Like, I'm writing a movie script to get an answer on that. I mean, and looking for legitimate reasons why you would do this. Why would a character redo this? Do this 17 times, 35 times overall, but on one house 17 times. Why would that happen? Well, that's what ChatGPT came up with. Right. And I mean, like there are reasons to do it.

Like, I guess, you know, if you're, as the rates are falling, right, you might, you might renegotiate your mortgage. Like, I redid my mortgage when rates were low, right? I did it once. Maybe you could even think potentially because they fell so far from when he started. Maybe you do it even twice, right? But like you don't get to 35 with low interest rates. No. You don't get to 35 with an improving credit score.

You don't get to 30. Like there are reasons you might do it more than once, but I mean, you don't get to 35. Maybe. What's interesting is like if you, let's say you're a person who has, you know, if you're Joe Biden, and you have $10 million. And let's say that's locked up in, you know, investments. I don't know. Like he says it's pension, book sales, and investments.

Right. So like, you know, you don't, let's say you bought Navidia stock and it's gone up a lot and you don't want to sell it and take the tax hit. To access the money, you could take some of your equity out of your house to spend. But the issue with that is you can't just keep. doing it. You have to pay it back each time, which means that you have to have an influx of cash to keep paying off. Yeah, he would pay them off. He'd pay them off sometimes in months, sometimes in a year. He'd take out, you know, a million dollar loan and then pay it off within the year.

Excuse me? On a teacher's salary and a public servant. I know. And by the way, Glenn, I just want to point out the hypocrisy for a moment of a man who says he's got $10 million in investments and doesn't want to pay the taxes associated with the gains, right? Like, he's just avoiding the exact types of taxes he's proposing and trying to implement on everyone else and saying everyone else is skipping out on their taxes. He's doing the exact same thing. And that is the best case scenario here. I know.

The real truth seems to fit, precisely with what we suspect Joe Biden is doing with his family members when it comes to essentially, allegedly, laundering money through international sources. That's why when these people in Washington, D.C., say they're going after the rich. They don't mean it. They don't mean it. They don't mean the really rich and connected rich. They won't ever tax those people.

They mean you. They mean the person that has just started a business and is starting to turn things around. Those are the people that they're really after. They will never go. As Donald Trump said, look, you don't like the amount I pay in taxes, then change the laws. Okay? He knows rich people can play the games of avoiding taxes and they can shelter their money and everything else that helps them. They can do the things that Joe Biden did in the best case scenario from ChatGPT.

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So we have Trent Staggs on with us. He is running for Mitt Romney's seat. And why are you the candidate people should vote for, Trent? Welcome. Hey, great to be with you. Well, I think you laid it out there really well. I mean, you have Utahans who have a choice. They can either have a continuation of Mitt Romney by voting for John Curtis,

who is the very definition of a rhino, who has chaired the Utah County, Democratic Party before becoming a Republican doesn't support President Trump. Was one of the 35 House Republicans to support the January 6th committee, supported the impeachment inquiries, censured Trump on the House floor, still won't commit to endorse him. He's bought and paid for by climate change activist. He has over $13 million in packs.

They've spent $3 million attacking me in the last two weeks. Or you have me who supports President Trump. I've endorsed them. I'm somebody who's a constitutional conservative. I've committed to join the executive steering committee, the Freedom Caucus equivalent of the Senate, with Mike Lee, with Rand Paul, with Senator Tuberville, with so many great patriots. That's who I am. And I'm supported by everyday Americans, everyday Utahans, thousands and thousands of individual donors. I am not bought and paid for.

I am going to be beholden only to the people and to get this country back on track. And so that is the clear difference and distinction between me or the climate change climate caucus founder, John Curtis, who is now being the recipient of late. It's just absolutely ridiculous. I will tell you that reading about the climate change people that are backing them, and it's spending millions of dollars, this is, it's quite disturbing because they talk about, you know, climate justice being done. and we've come too far in the last four years on climate change and, you know, getting rid of traditional energy, et cetera, et cetera. This is really bad and bad for Utah as well as the rest of the United States. Oh, it is.

It is absolutely the wrong way to go. I mean, I'm somebody who has believed that believes in energy dominance in this country, drill, baby drill. I was on the board of directors of an energy company, oil and gas assets that we took public. I mean, I'm all about unleashing American energy because that is the base of our economy, because of high energy costs now with this crazy push for these green initiatives and climate change, you know, just worshiping at the altar of these climate change activists, we've got gasoline that's in excess of $4 a gallon again in many parts of the country. It's had repercussions all throughout the economy.

We need to stop that, get back to energy dominance, stop printing money so that we can combat the Biden inflation and the Bidenomics. And my opponent wants to just continue that. And I have no doubt that he would continue on that course because he is going to ultimately be beholden to all of this money that's come in and try to influence the election in Utahans. And I just hope that Utahans are not falling for it. He doesn't have a great record on climate when it comes to, you know, looking at him as a candidate if you're on the left. Why do you suppose they're pouring all this money into him if he's if he's not the Green New Deal guy? Well, they don't want to have me in there. I mean, I'm clearly not the establishment pick.

I wasn't at the convention either here in Utah where I was hit hard with outside money as well. nonetheless, we survived. We won 70% of the delegate vote. We got the endorsement of President Trump that morning. So the establishment is clearly concerned about me. They know that I'm somebody that doesn't want to go to D.C. become part of that establishment crowd that John Curtis is. No, I will actually stand for the Constitution. I will stand up and fight with Mike Lee and other great senators. I've got a demonstrated record of doing that. I was the only one willing to stand up and challenge Mitt Romney in this race. He didn't drop out until about four months after I declared my candidacy. Nobody else was willing to do that.

I stood up to COVID lockdowns and mandates as a mayor. You know, time and again, I've shown a willingness to stand up and fight for what is right. And they know that with me in the Senate, it would be one less vote for an establishment and an opportunity to persuade somebody to their agenda. Trent, thank you today. The vote is taking place. I guess we will know tonight. We very well could.

Look, that's the important thing. We've got to have people come out and vote. I know your listeners, we've had an historic low right now. Only about 200,000 ballots have been turned in out of almost a million registered Republicans in the state. You've got to be kidding. me. No, no, Glenn. We need people to show up. Those that are conservative that are listening to

this show that live in Utah, I'm asking you, you know, we need to be able to get out there, vote, get me into office so we can drain the swamp with these other great senators that we brought up. Thanks, Trent. This is Trent Staggs. He is a U.S. Senate candidate. He is running for the Mitt Romney seat. he is not Mitt Romney. He is rational and a constitutionalist. And I can't believe, you know, Utah. Jeez, man, for the love of Pete. What are you thinking?

What are you thinking? A guy who is being supported by millions of dollars in climate money, what do you think's going to happen? Do we need another guy who, you know, is anti-transment? Trump being in there. America has got to choose. You have to choose. You are either going to go back to the Constitution or you're going to go down some, I don't know what we're headed toward except fascism.

What do you want? Do you want people who are fighting for the Constitution? Not every state has the ability to elect actual constitutional. Not every state can do it. There's a handful of states. Texas, John Cornyn should be gone. Gone. There's no excuse for a John Corny in Texas.

There is no excuse for a Mitt Romney or another Mitt Romney in Utah. And if you don't feel passionate enough about the Constitution and where we are, and you don't feel passionate enough to get out and. vote today on a primary day when your choice is this clear? I don't, I mean, Constitution hanging by a thread, you're going to show up?

You're going to show up or not? It's up to you. I'd show up to vote today. Trent Staggs, U.S. Senate candidate running for the Mitt Romney seat. Thank you so much, Trent. You're listening to the best of the Glenn Beck. program. Chris Bedford has a great article out on the blaze.com today.

The Democrats' strange obsession with drafting your daughters. I don't even understand. I mean, I understood this long ago. It was a way for Democrats who didn't like war to kind of, you know, ramp up the odds that we wouldn't go to war if, you know, we had a draft. and then we drafted your daughters. Nobody would want to go to war. I get that, except the Democrats now are the pro-war party.

So what the hell is happening? And this just seems to have come out of nowhere. The most outspoken voices on this are Chip Roy and Mike Lee. And Mike is with us now. Can you please tell me what is happening with the drafts of, Mike. Why is this happening? Yeah, look, the drafts our daughter's agenda has no place in our national defense. Think what they're trying to do.

They're trying to engage in this sort of radical egalitarian exercise where for aesthetic purposes, we're deciding to just show how woke we are, how open-minded we are. Do you really think that's, do you really think that's motivating them at all? Well, yes, because I can't fathom any other reason why they would want to do it. Look, you don't send women to fight as long as able-bodied men exist and are available to fight. It's a fundamental notion. You don't even have to get to a moral question on this. It's a survival question.

The draft our daughter's push has been something that keeps getting recirculated every few years. It's failed before every single time. Congress has rightly rejected previous attempts to drafts women. And this year, they're quietly trying to slip it into the NDAA, the National Defense Authorization Act. It's a bill that Congress passes once a year to establish priorities for our military. But people have already said no to it. It's an underhanded tactic to include it in the base bill of the defense authorizations.

Act. We should be putting policies like this, such a revolutionary policy into it, especially when what they've been doing, it's late, is putting this together and then ramming it through the Senate floor and telling us that we have no opportunity to amend it once it gets the floor. So that's why we've got to start sounding the alarm bells now before it gets to the Senate floor or the House floor saying absolutely not. The American people aren't going to take this. Okay, so you said it was a matter of survival. Explain that. Well, okay, so the purpose of having a military and therefore the purpose of having a draft

to staff the military is to break things and kill people, just to put it very bluntly. And so you don't put women out there as long as able-bodied men exist and are able to fight. for all sorts of reasons, including the fact that you've got, that men have certain biological advantages in war that need to be utilized. And it just sends all the wrong messages to our own people and to whatever country or entity that we're fighting. That our able-bodied men are not all going to go out there. We're going to send women instead.

It sends all the wrong messages and that's not going to work well. And so every time people hear this, they need to reiterate their desire. If they feel the same way, they should repeat the phrase, don't draft their daughters, just don't do it. That goes over pretty well. Once people hear it phrase like that, they tend to back away from it. And we shouldn't let them think that this is just non-controversial basic housekeeping, just updating our legislative books to reflect. modern realities. No, this is a fundamental shift and one that we're not going to fall for.

I mean, one I usually don't agree, don't disagree with Marsha Blackburn. She said this is about opportunity. It's not about combat. It's about their opportunity to serve. Well, you know, I just found a picture of my grandparents. My grandfather is in a military Marines uniform. And my grandmother is in a Salvation Army uniform. And, you know, they, women served all through wars in different capacities. You can serve. It's just your body is not made for the, for a war.

You can't drag your 200-pound companion off the battlefield if you're a hundred-pound woman, you might be able to, but it's not going to be easy. No, that's exactly right. And like you, I normally agree with Marsha Blackburn. I had not heard that she had said that. But let me just respond to this point as is similar to points that others have made on this front. This is not about opportunities.

Opportunities already exist. Opportunities already abound for people of both sexes to support the military, to be part of military to serve in combat or non-combat positions as they may choose. This is not about that. This is whether we're going to use the coercive force of the state, the coercive force of the United States government in order to, at the point of a gun, order someone to take steps that could result in they're being drafted and they're being brought up the point have a gun to a battlefield somewhere.

We shouldn't do that. We're not going to do that. This is not about opportunity. This is about right wrong. This is about survival. I am not for a draft in any case. I think, you know, there's some people who disagree with me that are in the military, but I think a draft brings people in that have no desire to be there, no desire to really

fight. I mean, unless we're in World War. which we could be, check the clock, unless we're in World War III and the country needs, you know, I think you always keep to a system where it's a volunteer army for as long as you possibly can, because you get the people who are mentally and physically capable and ready to do it. You're exactly right, Glenn, but this is where it gets tricky because you're right. Most people would agree with you, including most people in Congress, including many of the people pushing this effort to require women to register with the selective service.

What they would say here is, oh, this isn't about the draft. This is just about requiring them to register with the selective service. Whether or not we actually have a draft, well, Congress would have to authorize that before we could draft anyone. See, that's where you, it's easy to get hooked on that one as sort of a teaser rate. You can say, oh, well, I'm not voting to draft women. I'm just voting to require the register with the selective service. But then next time, if we are facing World War III or some other conflict, where for whatever reason, in order to survive, we've got to conscript people involuntarily into the military,

it will be automatic because women will already be registered with the selective service. So that's the decision that we have to look to right now. We have to treat this as do we want to drag. women. And I believe that among the American people, the answer is a resounding no, and it should be. No. Let me ask you this. My sister was freaking out a couple of weeks ago because they made it automatic now. We used to have to register every male registered when you turn 18. You register for a selective service and it always freaks you out as a teenager. Wait a minute, I have to what? But, you know, we haven't seen a draft since the 60s or 70s. And it's just not in the cards.

But why are all these things changing right now? What is going on, Mike? Some people will look at this and go, you know, they're getting us ready for war. Are they? Or is this just what is this? Okay. So I think the best way to understand this. Years ago at an event hosted by the American Enterprise Institute,

I heard someone give a speech in which they talked about ways in which we should be wary of government as it becomes more efficient through technology and otherwise. Government efficiency can be sounds like often is a good thing. But he pointed out that in some areas where civil liberties are concerned, a hyper-efficient government poses a greater threat to our liberty. Perhaps this is one of them, where you used to have to go out and take an affirmative step that kept people focused on it, where it happens automatically. they don't even really think it through all that much.

And perhaps they don't want people thinking about it. They just want to register them on their own, sort of like the government is efficient in a lot of ways that otherwise undermine our liberty with the way that it spies on people. For example, under session 70205, that's an example of another efficiency that undermines our liberty, and we ought to watch out for all those.

Mike, thank you so much. Any thoughts on the Senate race today in Utah? I know you didn't endorse anybody. Yes, I did not endorse in that race. I did endorse in the second congressional district and the third congressional district. Second, I endorsed Kobe Jenkins, who's a fantastic human being at Green Beret, and I encourage everybody to go out and vote for him. Also in the third congressional district in Utah, Dr. Mike Kennedy,

both the doctor and a lawyer of proud public servant, a state senator, and somebody who loves the country very much. So looking forward to the results tonight. All right. Thanks, Mike. Appreciate it. God bless. Thank you.