The Glenn Beck Program - Democrats FINALLY Denounce Graham Platner, but Reveal a Bigger Problem | Guests: Tom Homan & Michael Selig | 7/7/26

Episode Date: July 7, 2026

A report from Politico released yesterday accused Maine Democrat Senate candidate Graham Platner of sexually assaulting his ex-girlfriend. As many Democrats are now walking back their support for Platner, Glenn criticizes the mainstream Democrats who previously refused to denounce him. What is happening with Kentucky Republican Senator Mitch McConnell’s health? As rumors of McConnell’s declining health continue to spread, reports of his wife traveling to China at the same time are raising questions. Glenn begs for transparency as the government appears to be hiding something. Could oil drop to $40 per barrel? Glenn warns that while oil needs to get cheaper, dropping it too cheaply also has dire consequences. Glenn shares what went through his head the moment he realized he was part of the Lincoln Memorial museum. Commodity Futures Trading Commission Chairman Michael Selig joins to discuss the current state of oil prices, Bitcoin, and the difference between gambling and prediction markets. Trump’s border czar, Tom Homan, joins to denounce the myth that the Trump administration doesn’t care about immigrants and gives an update on the border wall.  Learn more about your ad choices. Visit megaphone.fm/adchoices

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help us push this podcast to the top. Rate, review, share. Together, we'll make a difference. And thanks for standing with us. Now let's get to work. Hello, America. Welcome to the Glenn Beck program. We're glad you here. Gee, what a surprise. Graham Platner might be a dirtbag. Who would have seen this coming besides Oh, I don't know. Everybody. This is an amazing and remarkable story. We're going to go into that here in just a second.

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alleged that the Marine Senate hopeful broke into her home and raped her about five years ago. Well, that was a dark period. She came forward to Politico, recalling the alleged rape in graphic detail and providing cooperation. And she's done this. before she did this of the New York Times, but the New York Times downplated. She felt she really, after seeing what was happening in the New York Times and how the New York Times handled her, but also the other woman who came out and said the same thing and how the New York Times handled this, she said she needed to take one more stab at it, and so she did. Now everybody is starting to jump ship on this guy.

I want to start with, you know, let me go to the story first, because I really want you to feel this story. It was late 2021. In Maine, woman at home at night, man, she's dated on and off, nothing serious, the kind of thing that fades. He says, hey, I want to come in. He's hammered, like blackout drunk, hammered. Let's himself into her house. He's drunk. She says, stop, stop.

He doesn't. she kind of wrestles him away she runs into the bedroom closes the door he comes into the bedroom and she said and that's where he raped me she kept saying stop stop stop she said you know there is this single moment she'll say years later where the thought finally formed in her mind there's this is no longer my choice he might kill me just stop fighting She did. Now that's the accusation. He says, no, no, no, that wasn't. Uh-huh. Graham Platner is the guy. And until this morning, he was the Democratic Party's nominee for the United States Senate.

He's an oyster farmer. He's a Marine, a working class outsider who was going to retire Susan Collins and stick a thumb in the eye of everybody he called an oligarchy. He denies this. He says it is false, categorically untrue, time to the ballot. deadline. I'm going to get to that here in a second. He denies it. That's important. But I also want to tell you that the denial is not part of the story. It's not the story, at least. The story is the year that came before this denial. Because this morning, the moment the allegation hit, the people who built him began quietly and all at once to set him down and walk away. And the endorsements peeled off by the hour, and I want you to notice when they left. Not a year ago, now. Let me show you the file on this guy, not the assault allegation. Set that aside. Unproven,

denied. You know, everything else. Everything else that was known about this guy, the tattoo on his chest. It's a deathhead, a specific one. The SS wore on the caps of men who ran the death camps. he said, I didn't know. Honestly, guys, you'll relate to this. I don't know if women can relate to this. Do you know a single guy who would have that tattoo and wouldn't know? Guys are fascinated by old Nazi movies and documentaries. I've been watching them for our whole lives.

You didn't know. Then an old acquaintance surfaced who remembered him showing it off years earlier and calling it something he had pride with. He said, my token cough. that means you know exactly what it was but he covered it with a Celtic knot and then he moved on then there were his own words

written and deleted telling women who had been assaulted to take some responsibility and to act like an adult there were the messages he sent to women who were not his wife he had just married a few months before

then there were three former girlfriends describing something volatile. One of them said that he had physically held her down. He denied that one, too. He called himself, in his own defense, far from a perfect boyfriend. And he blamed a dark period. Oh, it was a dark period. You know, I've had dark periods in my life. I've never beaten a woman or raped her. I've never held a woman down. Anyway, every single time, the men who had stake their names on him looked at the file and made the same calculation. He went through a dark period.

And he's not the only one. He's not the only one. You know, there might be one or two important issues here. One of his defenders sneered the critics only wanted only perfect candidates off the Harvard law conveyor belt, as if an objection to a Nazi tattoo and a trail of frightened ex-girlfriends were just a matter of etiquette, as if character were a luxury for people who, you know, could afford to lose,

they all could read the file. Everyone could read the file. It was sitting open on the table the whole time. They chose not to read it because they needed to win. Because he, he might be able to beat Collins. Because he could stop them, them being whoever they need to be stopped at the time. And when the goal is big enough and the enemy is frightening enough, a man will hold a document in his hands and decide, yeah, I'm going to put this down for a minute because I don't need to look in that document folder. That is the whole machinery and we've talked about it for months of ends justify the means. It's not the people, it's not that people don't see. People do see it. They see it and they price it in. They look at the warning and they weigh it against the prize.

and the prize is so big and so heavy, so the warning gets rounded down to nothing, to a dark period, to a mistake we've all made. Are you perfect? To one or two less important issues. I'm not hiring the Pope. Now watch them leave. Now because something finally became wrong,

it was wrong a year ago in plain sight. They're leaving now because it finally became fatal, and I'm going to get to why is it fatal now? So you know, this is not conscience arriving late. This is all arithmetic. The number changed. The answer changed. They were never doing moral math. They were doing electoral math and calling it principal. And the two happened to point the same direction until today when it no longer points in the same direction. So now, where are you? because this was never a story about the Senate seat in Maine and if you let it stay one, you're going to miss the entire thing. This is a story about the file that you keep. What does that mean, Glenn?

Every one of us runs an opposition research on the people we want to believe in. And when the folder turns up something that we don't like, we bury it ourselves. We all do it. we become the campaign bearing its own file because the alternative is giving up something we've already decided we are going to have at every single one of these turns the same voice this is a smear this is out-of-state operatives they're threatened by us they hate us don't listen to them i have to point out because i want you to hear at least part of of that again. I want you to know we've heard this ourselves on our own side. But I want you to listen

to this again here, not as politics. I want you to hear it as marriage, because that is exactly word for word what an abuser says. Your friends are jealous. Your family never liked me. They're threatened by what we have. Our love is special. They want to take this from you. Don't listen to them, listen to me. You know the truth. And the terrible genius of it is that the more warning signs pile up, the harder the target clings. And not despite the red flags, but because of them. And it might be because now she's too far in to admit, you know, that everybody around her was right the whole time. See, this is the pattern. That's the next pattern I told you that we would look for. Once you see the shape of it, you'll see it absolutely everywhere.

It always runs exactly the same way. It starts with the love bombing. You? I chose you. I serve you. You're special. You know, no one has ever understood you and your problems. Yeah, people really have been bad to you, right?

I get it. I get it. But we're going to go someplace. We're going to do some things the world has never seen before. because I'm tired of them abusing you. The largest movement in the history of main politics. Then the first violation. It's small and you let it go because everybody's imperfect.

I mean, look at how good this is going to be. Look at what we already built. Then a bigger one. But now you've got things invested. So you explain it away. Then the isolation. He goes to work on the people you love, one by one because they're still able to see things clearly and clarity is the enemy.

He needs you surrounded by him and his friends, so only his voice is the voice left in the room. And by the time the big one lands, the one you can't explain, you're so deep. It just doesn't even feel like you're ever going to be able to escape. It feels like humiliation. I defended you to everyone. I gave a year of my life. If I walk out now, what does that make me? And so you stay.

And you tell yourself the excuse. Pick your excuse. They're all interchangeable. Too much invested. Too far gone. Too embarrassing to admit. He's going to change. Something's going to change.

It'll be worth it in the end. I'll be the one who saves it. nobody in an abusive relationship believes they're in an abusive relationship. They believe they're in a hard relationship that they alone are strong enough to fix. That somehow or another it's going to change. And the lies don't shrink. Watch this because this is the tell here. In a healthy thing, when you get caught, the offense gets smaller over time because you're actually correcting it.

in an abusive thing, the lies get bigger and they get more destructive to your life outside of his world. Your job becomes effective. Your money, your family, your name. Because your world outside of him is competition. And it has to be burned down until he's all you've got left. Does any of this ring true with politics at all? And he keeps saying it's them. It's them.

And if you spot a problem, he says, I'm going to change. And it never changes. It only ever escalates. That's not a bug in the pattern. That is the pattern. And at the end of the road, there's a word for what you have found yourself in, and the word is cult. It's not a metaphor.

A cult is just an abusive relationship scaled up to fill a crowd. Okay? same isolation, same enemies list, same leader who's the only source of truth. Notice that? The only source of truth. Same members who have sunk so much of themselves that walking away would mean their whole life was a lie. And that person is going to defend that lie a lot longer than they'll defend the truth because the truth doesn't cost them anything and the lie costs them everything. There's got to be somebody within the sound of my voice who is listening who are just thinking four words right now. Yeah, but Donald Trump, that's how this becomes inevitable. And let me explain, because you need to know the lesson from all of this.

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guarantee. Equip your crew today. Go to rapid radios.com slash bundle. It's rapid radios.com slash bundle 10 seconds station I do. So here's the lesson here and it's not about politics. It's going to cost you something to actually take. A warning sign is not an obstacle standing between you and the thing that you want. That's how you view it. A warning sign. It's an obstacle standing between me and what I want.

No, it is information about the thing you want. It's not a warning sign, something standing in between what you want. It's a warning sign about what you want. The red flag is not in the way of the prize. The red flag is a fact about the prize. You know, if you excuse it to get the reward, you don't get the reward minus one flaw. You get the flaw, and the reward comes later to collect what you owe.

character is not a line item that you subtract subtract from the benefits character is the thing you're actually buying everything else is packaging the oldest lie ever told to any human being is the ends justify the means because the means don't stay means the means are what you build your life out of

you don't get a good outcome by tolerating bad character and hoping it stays sealed in a folder, you get bad character every single time. The outcome you were promised turns out to have been the debate. Sorry, debate. When a family member at Thanksgiving, the one who you know loves you, the one with nothing to gain, says quietly, I'm worried about you.

I'm worried about what this is doing to you. Do we listen? Human nature is most times, nope. What we normally do is decide they've been captured. They've been fooled. They're not really your family anymore. We push them away. One more person who could still see clearly.

Do we stay with our parties and our candidates because it's true? Or do we stay because we're too far in and leaving would be embarrassing? That's the question. I can't have everybody who's been telling me this be right in the end. Wow, what stupid pride that is. this is the same question women in abusive marriage in an abusive marriage can't make herself ask because the answer is too expensive

so how do you break the spell well you don't yell at the person under it because you cannot argue somebody out of a cult you just become one more jealous hater in the story that he's told them you have to break it the way you do in real life So how do you break that in real life? Because I got news for you. What's happening with our political system is real life.

And we're in abusive relationships. Platner, I mean, boy, you want to talk about Democrats just dodging a bullet. That would be this one. So how do you do it next? Oh, by the way, did you hear Mitch McConnell's brain dead? More on that in just a second. At least that's what they say. LifeLock cyber criminals, they don't break in through the front door.

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That this is coming out at a time where you can't run a new primary. And you're just about seven days away for the party to be able to pick, hand-pick a new candidate for Maine. Now, color me skeptical. But who's supposed to choose your representatives? The people or the party? Because look what's happening here. the Democrats are going to replace, most likely, if he's out by next Tuesday, and he will be. Otherwise, Democrats don't have a choice.

The Democrats can replace him just a few weeks after the primary already chose him. Because these new allegations are so serious, they're just the old allegations. They just, you know, now you just have to believe them for some reason. they have to be investigated, but he should not be a U.S. Senator. But who is picking this? Who's picking this? When did the parties know that there was real trouble? If there were warning signs before the primary, why wasn't it dealt with then?

Why ask millions of people to vote first and then sort it out? Again, I'm a cynic, but the calendar is strategy. If he steps down now before next Tuesday, there's no new primary. The voters don't get another chance. Party officials get to choose the replacement. It's legal. It's not healthy at all, but it's legal. Healthy and legal are different questions.

But we've seen this before. Joe Biden, the decline, that didn't happen overnight. Everyone knew it. Americans watched it unfold. For months, everyone knew it no matter what they say. After the primary was over, the nominee changes. The voters who had already cast their ballots didn't get another chance. Would they have picked Kamala Harris?

No. The party made that decision. The party made that decision. Hmm. This is how self-government changes. Not with tanks in the streets. It's just one exception at a time. emergency, one procedural work around. Trust us, we're going to pick this person for you.

You know, we spend an awful lot of time worrying about the dictator that might come someday. But history teaches us something entirely different. Freedom isn't surrendered to a tank in one dramatic moment. It's usually traded away a little bit at a time. One rule, one deadline, one party meeting, one carefully managed process, until the people realize, I mean, you're still voting, but you're just choosing from a list that somebody else already decided. You think the Fed is a game. Look at what the Democrats do. Look at how they're selecting the primary candidate for you now.

This is the second time they've done it. And you know what? I would say third because they also chose Hillary Clinton. They were not going to allow Bernie Sanders to win. They keep saying, therefore, you know, we're for democracy. We're for democracy. We're for fair and open votes. Oh, they're going to give you, you little plebe. They're going to give you the chance to pick from somebody, the elites, have already chosen.

You just pick from that person. I mean, you can pick the person we just picked for. you. Or you could pick the Antichrist himself, fill in the blank on Republican. Now let me switch parties here. Let me go with Mitch McConnell. Everybody's favorite turtle. Trotinger's turtle, is that what it is? Because I'm not sure. Is he alive or dead? It's in the box. I think we only get a, we only will know when we open the box and see. here are the rumors and they're rumors. If they're true, they're tragic.

If the rumors are false, you know, then somebody needs to step up and tell the American people the truth. Either way, this is not how a constitutional republic is supposed to function. For three weeks now, the people of Kentucky have had almost no meaningful information about the condition of a man they elected to represent them. his office has issued really carefully worded statements he's recovering he appreciates everyone's support they don't say what happened they don't say when he's going to return they don't answer even the basic question every citizen has a right to can he still do the job is he still thinking and this

is not a cruel question, but the guy is a sitting senator, and it's a question that matters, because this is bigger than Mitch McConnell. We watched America do this with President Biden. Everybody could see their own eyes. Something seriously wrong. Yet they were told not to believe their own eyes. Don't. He's fine. Don't ask questions. It's irresponsible to notice reality. and here we are again, except not with the Democrats, Republicans. Republicans are now the mirror image of the people they criticized. You know, if your party has spent years demanding honesty about the president's health, you kind of have an obligation to demand honesty about your own leader and your own GOP.

I try not to be about left versus right. I mean, I know I'm biased, and I admit that. I am biased. But this is not about left or right. This is about representation. You know, our founders fought a revolution over the idea that government drives its just powers from the consent of the govern. Consent requires representation. Representation requires somebody who is actually capable of representing you. I mean, we saw it with, what was it, Barbara Boxer, who was an absolute vegetable in the end.

But her staff just told her what to do. That's not represent. I didn't elect the staff. You know, I think we have something new. No taxation without representation. Maybe it's time to add another one to that. No legislation without representation. You know, history, I'm old enough to remember history and a dangerous, dangerous less,

that we used to make fun of when I was a kid. We used to make fun of this. The old Soviet Union used to hide the condition of their leaders. and what happens, citizens begin to lose faith in the institution. Woodrow Wilson suffered a devastating stroke in 1919. For months, his wife effectively controlled the government. She was the president. She would take his hand, put it in hers, put the pen in her hand, put her hand over his,

and then sign Woodrow Wilson. Like that little loophole made it right in her head. Nobody knew about this. King George III. Mental decline. It created a constitutional crisis because no one wanted to admit the king could no longer govern.

The Soviet Union, when I was growing up, oh my gosh, these guys were dropping like flies. They would just disappear from public view. And they would say, he's got a cold. And it became a joke. He was like, no, he doesn't have a cold. He's dead. nobody trusted what the government said because the government had trained its people not to because

they kept dying and nobody would say he's got a cold a week later he died of the cold what a surprise what a surprise what's happening in iran who's in charge in iran well uh the ayatola is well the ayatola son we've just buried the iatola but don't worry his son is of course you can't see him there's no pictures of him, there's no videos of him, he's just nowhere to be found. That's not a way a healthy country operates. First of all, if you're a republic, a republic tells the truth, has to. Healthy republics tell the truth. Healthy republics understand that the elected office belongs to the people and not the politician or his staff.

If a senator is temporarily unable to serve, tell us. If a president can't perform the duties of office, tell us. If there's uncertainty, tell us there's uncertainty. But can somebody, for the love of Pete, treat Americans like we're adults? No, because Washington now treats public office like private property. Seats are nothing more than trophies to be protected. Power becomes something that you have to be protected. preserve. Just one more vote. One more committee hearing. One more political advantage. That's all we have to do.

We just compromise this one time. That's how trust dies. That's why so many people believe Washington protects itself before it protects them. Could you get away with not telling your employer that you were brain dead? You know, your employer's waiting for you to come back and your wife like, your wife knows you're brain dead. We're turning the machine off soon. You're brain dead. You're brain dead. And your wife is like, no, he could be in next Tuesday. He's getting better every time. Would you think that's not just wildly dishonest? Here's why I say this. The office doesn't belong to Mitch McConnell. It didn't belong to Joe Biden. It doesn't belong to any politician. It belongs to the people. The people of Kentucky and in Joe Biden's situation, the people of the United States of America.

the Constitution was never designed to protect your career. He was designed to protect the Republic. Mitch McConnell is so, I mean, he has been violating his oath of office for so long. Of course, one of his final acts would be to violate the Constitution. When politicians or parties placed the agenda above actually doing their job and representing us, they're asking us to surrender the real, the only principle that made this, country possible in the first place decency honesty transparency i hope he's not brain dead but you know if he is they should announce that right now they owe it if he's not i mean that could happen

at any time why won't these guys retire for the answer power the same reason why people you know on Platner side same reason why Stephen King today is saying oh no don't worry about Platner no he's still fine let me tell you something women listen to me I know they've been trying to say that this is about you know we're the ones of supporting women we care about women it's not about women it's not about women

it's about power the women who accused Donald Trump became very famous They were in Vanity Fair and everywhere. The women who have just said this about Graham Platner, the New York Times tries to smear or delete or minimize at very best. It's not about you. These people don't believe in anything but their power. They're using you.

The question is, is anybody going to wake up? Because it's the same game being played over and over and over again. And we're never going to get to the next level until we solve this level. All right, back in just a second. Let me tell you about the Burna launcher. In real life, almost always, you know, most people aren't looking for a fight. When a dangerous situation presents itself,

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Hey, you know, we're doing our Bill of Rights all summer long. We're up to the Fifth Amendment, and it might be something for Platner. Maybe we should send this to Blatter. He should learn this. should probably learn this. Here it is the Fifth Amendment of our Bill of Rights series.

Listen, just a little bit of it. You don't have to say a thing. Don't say anything. Just don't say anything. I would just recommend, don't say anything. Plead the fifth. It's a great song.

If you listen to all of the First Amendment songs, the Second Amendment, you know, the Bill of Rights, you and your kids will learn the Bill of Rights and they each come with a lesson plan, a conversation that you can have with your kids, no matter how old they are, so they can learn the Bill of Rights. It's really critical that we teach this. So please teach it to your kids now. The Fifth Amendment song is available now at Torch-250.com. Torch-250.com. If you're not a member, sign up there. Otherwise, you can just get it on the app or, you know, at glenbeck.com slash torch if you're a member.

All right. Coming up next, we're going to talk a little bit about Iran. What's going on with Iran? What is happening all over the world when it comes to war. Ukraine comes to mind as well. What is happening in Ukraine? And have you heard the price of oil, OPEC is saying, might go down to $40 a barrel. Good thing? It depends on your perspective. and the information level that you have. Let me raise your information level next. One of the most frustrating parts of hearing loss is it can make you really feel disconnected without ever announcing itself. You're still in the room. You're still nodding along, still showing up,

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Take control of your hearing today. Hello, America. Welcome to the Glenn Beck program. There's a lot going on today. What a surprise. Welcome to Earth. A lot going on with war, Ukraine, Russia. What is happening there?

NATO is meeting in Turkey. What's happening with Iran? I've got a few insights on this. And one of the bigger stories that I saw yesterday that I really wanted to explain to you is OPEC is now afraid that they're not going to be able to keep the price of oil up because there are others that produce oil in the Middle East. They want to break OPEC up. And I would love to see that cartel broken up. But they're now saying that gas or oil could go down to $40 a barrel. I don't think I've seen $40 a barrel since maybe the 1970s, maybe.

We should look that up. It's been a very, very, very long time. You're talking about $40 a barrel. I don't even know, $1.5 a gallon of gas. That sounds really good, right? Right. Let's understand how this works first. Because there's a top end and a low end that become dangerous.

And I'll explain coming up in just a minute. First, let me tell you about real estate agents. I trust.com. You know, somebody will ask, how fast can we get this done? Other people say, are we doing it the right way? And they sound similar, but they're very, very, very different questions. When you're buying or selling a home, speed is nice, but getting it done right is essential. You know, you want somebody who's asking the questions that you didn't even think to ask.

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even in a really tough market. The name says it all. Real estate agents, I trust.com. All right, I want to start with gas. Before we get to the world, let me explain. Right now,

there have been some forces that want to break up OPEC and I'm all for it myself, but there's about to be a glut of oil. I can't believe I'm saying this. About to be a glut of oil. So we're going to have the opposite problem. Remember the problem was if we go into Iran, we're going to have $300

barrel oil and it collapse the economy. Yeah, that would do it overnight. $150 barrel of oil. That does it in about three weeks. But so does $40 a barrel oil. 30 dollar barrel oil. I mean, everybody loves cheaper gasoline. I do. But there is a number when cheap becomes Danish. And I want you to think about Goldilocks, okay? One bowl of porridge too hot. One bowl too cold. One bowl was just right. The oil market works exactly the same way, okay?

If oil is $150 plus a barrel, you can't afford to drive. Airlines suffer, trucking company suffer, food prices rise. Because everything that you buy rides on a diesel truck or a train before it leaves the store or before it reaches the store. And so too expensive, $150 is too high. There's another side. Nobody ever talks about this side. Oil can become too cheap.

Now, how the heck is that possible? Imagine owning, I don't know, an apple orchard. Every apple cost you about four bucks to grow. Okay, that's your land, the water, the fertilizer. What you pay people for workers, the spraying down, the equipment, all of that. Then the market suddenly decides, apples are only worth $2. Well, you don't celebrate and go, oh, I'm going to sell so many apples. No, because remember, it costs you more than that to grow the apple.

So you go bankrupt. That's exactly what happens with oil. Oil doesn't magically appear in your gas tank. It takes a lot of money. Companies spend years looking for oil. They lease the land. They drill wells that can cost millions and millions of dollars. And sometimes they just drill, you know, holes and lose everything.

They have to maintain the pipelines, the workers, they repair equipment, the transport of every single barrel. I mean, it's pretty amazing. When you think they're going to pump oil out of the ground in Saudi Arabia, they're going to ship it to wherever they're going to process, they put it into a barrel, they put that onto a ship, and they ship it halfway across the world and it's $40 for that barrel? That's pretty amazing. I mean, try to buy a decent pair of jeans for $30, $40 a barrel, $60 a pair of jeans. Now, if oil falls below what it costs to produce, the companies stop drilling and the wells eventually dry up. Do you know why we don't make oil out of shale. We have plenty of shale for oil.

And Reagan was on this big shale oil kick. And he was like, we're just going to make our shale. Well, I think, and I don't quote me on this, you'll have to check it, but I think the number is like $60 a barrel. Break even is $60 a barrel for shale oil. You have to go into the mountain. You have to get the shale, then you have to turn it into oil. And then you do all the processing on that, put it in the barrel, and ship it to wherever. It's like $60 to do that. so if I'm not mistaken, OPEC decided to shut us down by dropping the number to like, I don't remember, $50 a barrel. And so they made, they put a glut out and they dropped it. And they can afford to drop it because they know they're going to win in the end.

They'll put all of their competition out of business. And so they dropped the price of oil. And so now it was just too expensive for shale. and so what happens we had to shut the shale plants down now to shut the whole shale thing it wasn't the environmentalist at least not the environmentalist alone it was the fact that we couldn't afford to do it at least at that time and so when that happens what happens here in america me this is why don't celebrate don't celebrate 40 dollars a barrel because worker have you watched a landman Remember how the character and landman explain this?

Yeah, that's what everyone loses their jobs. All the workers lose their job. Entire towns disappear. So then what? Well, not every country produces oil for the same cost. Saudi Arabia has the cheapest oil in the world. Do you know what it cost them to take it out of the ground and ship it halfway across the world?

They can pull a barrel out of the ground for well under $20 a barrel. dollars a barrel. $20 a bale like I said is different. Much of Texas, North Dakota, New Mexico, they need prices that are significantly higher to justify new drilling. Some wells can make money at around $40 a barrel. But the new projects, most of them are closer to 50, 60, and even more depending on the field in the financing. So $40 a barrel is not just cheap gasoline. it's layoffs. Okay. It's drilling rigs shut down.

It's restaurants in Midland, Texas with empty tables. It's welding shops, clothing, clothing, it's truck dealerships with nobody buying. Because every drilling rig supports hundreds of other jobs. One roughneck loses his paycheck. Then the waitress loses the customers. Then the hardware store sells less. The local bank gets nervous. And it spreads throughout the whole community.

We are dependent on one another. And Texas has lived this story several times before. I lived in Texas in the crash of the 1980s, the great oil crash of the 1980s. And the office buildings were completely, it was a ghost town. It was a ghost town. The office buildings were empty. The banks failed. The families, you know, were packing everything they owned up into a pickup truck.

Because there was nowhere to work in Texas. Oil isn't just a. another business in Texas. Oil is the heartbeat of entire regions of Texas. Now look East. Russia's watching this price really, really carefully as well because Russia depends on oil and gas to support its government, which supports its people. So they take the oil and they sell it and think of oil in Russia as a paycheck. Every drop in that price shrinks the paycheck. I of the federal government. And that's really important.

When prices stay low long enough, Moscow has fewer rubles to pay for their soldiers. Fewer rubles to build things, to build tanks, to replace missiles. That's an advantage to us. Fewer rubles to be able to finance their economy and subsidize everything.

That doesn't mean Russia immediately collapses, but it means it's headed in that direction. Countries can barrens. They can also cut spending, but a long period of oil prices that are $40. That would squeeze Russia exactly where it hurts. And it's not good for them. Not good for them. History tells us this matters.

It was the low energy price, according to a lot of historians. Low energy prices in the 1980s, one of the pressures that weakened the Soviet Union. Energy imports or exports were the Soviet government's ATM. They needed to have that. And when the cash dried up, the entire system began to crack. Okay, so let me go back to OPEC because this is where OPEC comes back in. People think OPEC controls the prices. They don't.

I mean, they do. Not completely. Think of OPEC like the manager of a really crowded movie theater. If too many tickets are sold, then what happened? the theater is uncomfortable, unusable. If too few tickets are sold, the theater loses money. Their job is to keep attendance in the sweet spot. So when the prices fall too far, OPEC cuts production,

not because they hate consumers, although they're not doing us any favor, but they do know that if producers go bankrupt today, there won't be oil tomorrow. And then the prices don't go to 40. They go to 140. okay the oil market is just this giant pendulum and it's just too high too high too low too low too high too high too low it's exhausting but the healthiest economy doesn't live at either extreme too high or too low it lives

right smack in the middle high enough that people keep investing low enough so families can still fill their tanks does the cheapest i mean a dollar 25 gas that's would be sweet until you saw how many of your neighbors are going to be unemployed. And the most profitable oil company in the world, you know, it doesn't help much if working families can't afford to drive to work. So like everything in the, in economics, stability is worth more than the extremes. I will tell you that I want to give you some broad strokes in a conversation I had with the president on Friday because we talked about oil, the economy,

and Iran. And I don't want to quote him. I don't have permission to quote him, but I can give you some idea of how I felt of what he was saying. My feeling is he went into this war, knowing that oil would not be $300 a barrel. Remember, that's what everybody's saying,

$150 to $350 per barrel. And he looked at that, and he looked at the advisors that were saying that and said, that's not true. It's not going to happen. And I think that's because he knew how he was going to fight it. And he knew there are ways to get around that. So we're not going to have that.

And he was right about that. And so he went and he fought it with everything he could. And I want to, I want to, I want to stick, I want to make sure I separate my feelings with what I felt he said. So he knew that was happening and he knew that we were not going to have a great depression because oil was going to be $300 a barrel. But my impression is some new information came to him here recently and was like, okay, that's about as far as you can push it in this phase. and if you continue to do it like he was doing it, we will go into a depression.

And I will tell you, the president has said to me before, I will not be Herbert Hoover. He's very clear on the lessons of other presidents. And he's like, I am not going to push this country into a depression. And I think some new information, and I don't know what it is,

but I think some new information came to him and said, look, if you don't stop, and change this pattern, we could go into a global depression. And he did not want that for the American people or for, you know, the rest of the world, quite honestly. You know, you could even be, you could really even say he was being selfish. He just didn't want to do it for him. Whatever, we get the benefit of not going into a depression. So that's why it looks like you're not going to get the deal that you want.

but I will tell you after talking to him, is this too cryptic, Jason? Are you following this? It is my impression that you are going to get what you want because he's going to continue to take him out. He will continue to bomb them. I mean, I feel comfortable saying this. He told me, oh, they will comply, Glenn. They will come to the table. They will fold.

Yeah. What makes you say that? because I'll kill them. I just keep dropping bombs and I'll kill all of their leaders. He said to me, I'm not going to bro up the bridges or their infrastructure. That would be bad for them and bad for us. But their leaders, they will comply.

He's not changing the end. What he's changing is his end goal. What he's changing is the tactic because he is concerned about a global depression for some reason if we didn't change our tactic. Yeah, I don't think it's too cryptic at all. I think that there's a lot of stuff that they can tell us about and there's a lot of stuff they can't tell us about. What I do know is what's odd now or just what's interesting to analyze or important to analyze is right now two of the largest oil producing countries in the world are currently under duress. Not only under du du duress, but their oil production is specifically being targeted.

Ukraine is now, just a few days ago, hit one of their biggest refineries. in far eastern Russia. Russia is under severe strain right now with their oil production, and we all know about Iran. That's two huge countries. And OPEC, the cartel, is also under duress because they are having defections. OPEC left OPEC, and I could see that coming down. So what we see going forward in the future,

I don't feel like is going to be at all what we've seen over the past, what, 50 years or so, everything is about to change. What it looks like, I have no idea. Everything is about change. So I want to go back to Russia. Let me take a quick break, and I want to go back to Russia because there's a big NATO alliance meeting in Turkey. Oh, it's in Turkey, why they're a NATO member is beyond me.

And I want to go there next because something is happening big with NATO and Ukraine that we really need to pay attention to. Let me tell you first about Z Factor. wake up after a terrible night's sleep, you know, before your feet even hit the, the floor, you already know what kind of day it's going to be. You're less focused. Things would, you know, that wouldn't normally bother you, suddenly feel like a very big deal. By 2 o'clock, you're running on caffeine, willpower, and you're already looking forward

to going back to bed. I have to tell you, I, because I was out giving a speech late last night, I didn't get to sleep until one, I got up at four this morning. I mean, at about three, three and a half hours of sleep. I am exhausted. That can happen, not because you're running. all the time, but, you know, it can happen because you went to bed at 8 o'clock and you just couldn't fall asleep. That's the most frustrating and that's what Z Factor is for. It's a sleep

supplement from the makers of Relief Factor and it'll help you fall asleep faster, stay asleep longer and more deeply. Give Z Factor a try. Right now, save 46% on your first order at 1995 for a 30-day supply, 1-800-4 relief. That's 1-800, the number 4 relief. Relieffactor.com. Better sleep better days with Z Factor from ReliefFactor.com. 10 seconds, station ID. So, Jason, in my conversations this weekend with the president about some of the different things going on, it's my impression that the one bringing to the table in Ukraine, the one that's going to be hard, is not.

Russia. The one that's going to be hard to bring to the table is going to be Zelensky. Because first of all, I think he's a little dictator, want to be himself. He's a little Napoleon. But also, they're doing very, very well right now. Are they not? Ukraine is doing shockingly well. The drone capability that they have developed is, quite frankly, amazing. And the time and situation they are in to develop it is amazing. But I would not be surprised if, I mean, why would he come to the table when they're looking at the potential of taking Crimea back. Are the eastern regions within Ukraine? That's a reality they actually could have.

Do you believe that? Yes, I do, depending on Russia's escalation. I saw a geopolitical conversation the other day about them possibly using tactical nukes. That's how dire they're about to get. That'll never happen. That'll never. Donald Trump, he will never allow that. You start using tactical nukes, gang.

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That's why if you're a homeowner, it may be worth talking to American financing. So many Americans have had to use their credit cards for food and things like that. And you might assume that refa financing isn't even worth a conversation because you've locked in a really good mortgage rate for your. your house years ago. You don't want to get rid of that. You don't have to. You don't have to. Please call American financing. No upfront fees to find out what you qualify for. Talk to a salary-based consultants today. 800906 2440. 89062440 Americanfinancing.com. President Trump got an exclusive look at our immigration special and told Glenn he loved it. So what are you waiting for? Watch the golden door now at glenbeck.com. Hey, coming back to Ricky and

welcome to the Glenn Beck program. So NATO is meeting in Turkey today. And I want to bring Jason and Ricky in for this NATO meeting and what's happening in NATO. What are we trying to do other than make sure we don't, somebody doesn't vaporize the whole world? Jason. I don't even know the topic that NATO is discussing today. I haven't even looked at that yet. they are trying to make sure that the rest of Europe

is paying their fair share when it comes to military spending. So they're trying to get everyone up to, you know, the same levels that the U.S. is spending to take care of the rest of Europe. Who cares about that? That's not going to happen. That's not going to happen. It's just not going to happen. Because they can't, A, they can't afford it.

This is a giant game that is being played right now. and you know Trump is getting them to pay more than they ever have however I mean I know I know I know they're not pay they're doing little games like what's counting you know they're counting on things that they already planned on spending and they're like you know what we're spending this over here so we'll just gonna say that that's part of our NATO thing and I mean it's a giant game because they don't have the money nobody

has the money. That's what people don't understand. We're the, really, the only ones that can truly print money and get away with it for a while. Nobody else can do what we can do. And so they don't have the money. And, you know, NATO's in real trouble. I mean, Jason, you said earlier, and what made you say this? The whole world's about to change. What made you say that today? I'm just looking at the two of the major oil-producing countries in the world. And, you know, the way that, I mean, they've always dominated in large, in large parts of how the world receives oil, receives energy, how energy is produced. And now all of that is completely being upended. Both of them are currently under duress, not only that, but the way they ship it.

So one of the, one of the side effects of this war has been multiple different, you know, countries, Gulf Arab countries, looking at ways to completely bypass the Strait of Hormuz. like they're building pipelines that go directly towards the Red Sea instead of heading out towards the Strait of Hormuz or you know completely other different pipelines that travel on land that they don't have to rely on you know this the stranglehold that Iran has had but it's it's it's it's not just Iran that benefits off of this you have Russia you have China the entire you know access that they have developed over there to in the event that a major conflict happens they always have had that trump card. That's something that they can do to force people to

negotiating tables or bend them to their will. All of that is changing. And I don't know what it's going to look like moving forward, but I don't think it will be the same once the dust settles after the Iranian conflict and also the Russia-Ukraine conflict ends. You know, I will tell you this with $40 a barrel, because I asked the president about the strategic oil reserve. And I said, are we refilling that? And he said, yeah, oil is coming down. in price and we are going to refill that. He said it should have never been used by Biden. He's like, that's for war, not for, you know, prices at the gas tank.

And he said, it's dangerously low. So if, you know, if OPEC is, their worry is correct at all, at $40 a barrel, the United States could buy a ton of oil and fill that oil reserve way back up at a fraction of a cost. And that would bring the cost of oil because there'd be. such a demand on that $40 barrel oil. So it might actually work out to be our advantage to play an advantage.

But it's going to be interesting to see how all of this stuff is going to work out over the next. Ricky, did I miss anything on this? Oh yeah. World peace is important and all, but you have not told us what the president said about the painting that you gave of him of his

mother coming to Ellis Island. I know that was part of your conversation. Spill the tea. So I am in, I'll keep this short because nobody cares. I was in the Lincoln Memorial. I don't know if I told this story yesterday, but I was in the Lincoln Memorial and I didn't know this. Ricky knew this.

She told my wife, didn't tell me. And I go into what's called the Undercroft, which is this big, huge, beautiful space under the Lincoln Memorial. And it's all just the pillars that are holding this. thing up and it's like, I don't even know, three, four stories tall underground. And they've, they've redone it and it is absolutely stunningly beautiful. And you go in and a lot of it, about half of it is just glass where you're looking at the pillars. And when you're looking through that glass, they are projecting things on the pillars and the back walls and they're

projecting this movie. So I'm, I'm sitting in this and all of a sudden I hear Miriam Anderson, who was this amazing black singer from the 1930s that Eleanor Roosevelt helped out because Daughters of the American Revolution said, she's black, she can't sing the national anthem. And Eleanor Roosevelt found that that was really offensive. And as a member of the Daughters of the American Revolution, she said, you know what, Miriam, why don't you come to the Lincoln Memorial and stand on the stairs and sing from there? And so she sang right from the stairs.

And so I'm watching this little, you know, five-minute. movie about the history and the role it's played in America. And Marianne Anderson, then I hear another voice, and then I hear Martin Luther King. And I look at my wife and I went, because I was so stunned by it. I didn't know, am I hearing things? And I looked at my wife and I went, that's my voice. And she just smiled at me and she said, uh-huh. And I'm like, what?

What? And so they've included me now in the history. did if you went to restoring honor and you saw those geese fly do the fly over that's now included in the history of important things that happened at the lincoln memorial so i'm just stunned by this and i i walk out um and my wife i'm just i'm really i'm just i'm standing up against the wall and they start looking at some other things and my wife's like honey come here and it talks about the role of the lincoln memorial and freedom of speech or something like that and uh and I walk up and I turn around and I'm just blown away because there is a picture and a video of me

giving the speech at the Lincoln Memorial. And I'm like, what is happening? It was so bizarre. So I'm walking out after like 20 minutes. And as soon as I walk out, now remember, I'm underground. As soon as I walk out, I get a ping from Ricky. He says the president is trying to call you. And I'm like, this is the weirdest day of my life.

And so I walk out on the president's on it. And he's like, Glenn, I just wanted to thank you for the painting you did. My mother. He said, I just watched the special that you guys did on immigration. And he said, I watched it a couple of times. He said, it's just great. He said, everybody should see this. And I said, well, thank you, Mr. President.

I agree. blah, blah. And I said, you know, I was so worried about the painting that I did because I don't know if I got her face right. You know, I sketched this out and then a good, good dear friend of mine, he went and he did it because I ran out of time. He took and finished the piece and made it as beautiful as it is. Mike Malm, he's a master artist. And I said, you know, we went back and forth as the face right, blah, blah, blah. And he said, that's not AI.

And I'm like, I don't even know how AI would paint a painting. No, it's not AI. And he's like, it is stunning. It's just stunning. And I said, well, you know, I was worried about because I know how you feel about your mother. And then he said, you know, I always knew you were different. I've always known you were different. He said, but what people don't get is you're emotional.

And I'm thinking to myself, I think he's calling me a cry baby. And he said, you're emotional. get to the emotional side of people. And I'm still not sure. I don't say anything. I'm just like, thank you. And I'm not sure if it's a slam or not. But he said yes. And then he's talked about his mom for a while.

And then he went back to the special. Then I started asking him about Iran and Iraq and stuff. So yes, he liked the painting. And it was the weirdest day. It was the weird. It was a weird hour to be all of a sudden be walking through something, you know, the Smithsonian and the, and the national parks have put together and you're seeing you.

It's like what is happening? And then, oh, the president is trying to. My life is weird. It's a good weird, but it is a weird, weird, weird thing. By the way, we have Tom Holman coming up in just a little bit. Tom Homan is our director of Homeland Security. And we're going to talk a little bit about what's happening with immigration. If you haven't seen this special, you really need to see it.

You can go to glenbeck.com slash torch. If you already are a torch subscriber, you can watch it at the torch on the app or wherever. Or if you're not a subscriber, you can go to Torch 250, Torch250. Torch250.com and become a member and see the golden door. It is really, really good. We're getting a lot of people writing in saying, I never knew this stuff about history. There's so much.

I am the most blessed guy, I think, on the planet. Yesterday, I left here and I went to the National Archives. And I go into the archives. I want to take my kids in to see the Declaration of Independence. And there's somebody who's there going to give us a tour. And she said, they're waiting for you in the vault. And I'm like, they're waiting for you in the vault. She's like, they're waiting for you in the vault.

We know you're such a history buff. we know you'd want to see some things that we have so we pick some things out and I'm like okay so they have three billion documents in that one building three billion documents they have 13 billion documents in the whole system okay just for the national archives and so I like okay so you picked out like 15 pieces how how did you pick so I go up and they pull out of the vault, the original treaty of Versailles. That's the treaty that ends the Revolutionary War. And so we're talking about it. And he's like, oh, you know what, you'd love this. Let me show you this. He pulls out of something else. And it is the letter that first is the

oath that everybody had to swear to with George Washington, that you did not have an alliance to the king, but Benedict Arnold's oath. then Benedict Arnold, George Washington, writing that, you know, that son of a bitch betrayed us, that letter they pulled out. And then the letter from Benedict Arnold, after everyone knows he's defected and tried to give them, you know, West Point,

after he's a traitor, and now he's with the English, and he's like, by the way, my wife had nothing to do with it, which is a lie, she did. My wife had nothing to do with it. So I'd like you to return her to England with me. I'm thinking, wow, really? You would like that, wouldn't you? and then he had the ball.

He just, I mean, I'm reading it yesterday, and I'm looking at it and he says, and by the way, I also left a trunk of stuff back at my house. If you wouldn't mind just packing that up for me and shipping it to England. And I'm like, what balls does this guy have? And the curator, the guy who's in charge of the archives,

he's standing there next to me and he just laughs. And I said, I'm sorry, but really, that guy's got balls. He said, no, I'm laughing because the, um, wasn't the prime minister. Members of Parliament from England, he said, we're just here. And he said, I showed them this document. And he said, I was thinking, what balls on this guy to say those things?

And he's like, I can't say that to members of parliament. I don't know what to say. So I'm like, what, boy, he's got some guts here, huh? And he's like, all I could think of is don't say balls. And he said, now the next time I show the letter, you're standing here and you're like, what balls on this guy? it's uh i tell you once you start to learn american history it just won't stop there are so many great stories about american history and i hope uh that you get you start to become addicted and

one of the ways you can begin easy step is the golden door it's the history of our immigration and it's available now glenbeck dot com slash torch become a member today all right let me tell you about the international fellowship of christians and jews you know when most people think about saving a life, they imagine some heroic act. Sometimes saving a life looks a lot more ordinary. Sometimes it's a crowbar or a jack or a heavy-duty screwdriver. Earlier this year, the International Fellowship of Christians and Jews provided a hundred emergency rescue kits to an Israeli volunteer rescue organization. And the kits may not look impressive really at all at first glance. Imagine you're trying to get in and you can't open it. You're trying to get out and you can't open it.

These are the kinds of things that the IFCJ does. IFCJ. I want you to go to IFCJ.org. You can get your free Israel flagpin, Israel USA flagpin, by going to flagpinifcj. Flagpin, IFCJ.org. Do it now. You're going to have to hold that thought, my friend. We got a schedule to keep back.

We'll be back. New Bill of Rights song is out at Torch, 25. with lesson plans for all ages so your family can learn how to defend our freedoms. So I have to tell you one story I learned at the National Archives about the Declaration of Independence. And you will not see this on any copies. It's only on the original. On the original, if you go to see it, look at the lower left hand corner. You will see a man's hand print, this giant print of a hand.

okay and they went back and they were trying to find out when that print was done and they look in pictures and they can't see it until about 1924 it's not there in like 1919 or 1920 in a photo and then the first time it appears is 1924 well between 20 and 24 it was at the state department just hanging out open okay this is why you can't see and read any of the words because it was just open to the open air and they put it in the smoking room so preservation's changed a little bit. So they put it in the smoking room and it's open

and they think that somebody just came up to it and they were like, you know, smoking and drinking at the State Department and they're like, this document is great and just put his hand on it. And now if you go to the National Archives, you see whoever that did that, you see their whole handprint

on the lower left hand corner, the bottom corner of the Declaration of Independence. I hope, that he, I hope that he was drunk enough so he, when he lifted his hand, he didn't see the print and go, oh, crap. Shh. Don't tell anybody it was me. America has always had a fascination with the finished product.

We love the hero who crosses the Delaware, the general who wins the war, the president who voluntarily gives up power. But we don't spend as merely as much time asking the important question. How did he become that man in the first place? Great leaders don't just appear. shaped by failure and courage and discipline and the choices they make when nobody's watching. That's what makes young Washington so timely. It's such a great movie in a moment where America is celebrating her 250th birthday. This film will take you back to the years before the legend when

George Washington was still just learning character that would eventually change the course of history. It's more than just a historic drama. It's a reminder that liberty is always dependent on men and women who are willing to grow, sacrifice, and answer the call when their moment arrived. That's the message worth hearing today as much as it was 250 years ago. So see Young Washington in theaters now tickets available at angel.com slash young Washington. Welcome to the Glenn Beck program. I want to talk a little bit about Bitcoin, digital currency in and of itself, the Clarity Act. You know, the president has made an enormous amount of money on Bitcoin.

I have the guy to answer some of these questions. Michael Seleague, he is the Commodity Futures Trading Commission chairperson. I also want to talk to him about prediction markets. What's the difference between a prediction market and gambling? But I just said to my nephew, I think, he was talking to me about, you know, I'm going to invest in, you know, day trade. and stuff like that. And I'm like, day training. I think it's kind of like gambling. So I don't know what the difference between Wall Street and gambling is either. So we'll get into that here in just a

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michael seelig how are you sir i'm doing well thanks thanks for having me yeah it's uh it's good to have you here the commodities future trading commission chairperson what does that mean so the commodity futures trading commission is one of those little known agencies but we actually oversee a very large market so the commodity derivatives market in the united states is approximately 600 trillion and notional. It covers everything from oil and gas futures to crypto asset futures. So you bring up oil and gas. Have you read yesterday or the day before about oil being the possibility that oil is going to go down to like $40 a barrel that OPEC is freaking out about that a bit? Well, look, we've seen a lot of volatility in these markets. Of course, that's related to the geopolitics, everything going on

in Iran. But we're really glad to start to see gas prices come down because America, Americans were paying for that at the pump. And it's really important, of course, that we have that victory in Iran. And now we're getting our oil prices back in shape. Let's talk a little bit about Bitcoin, because my wife will not let me sell a single coin. She's like, we took our money that we invested in. We took it out. And we said, we're just going to let this ride for the children and the grandchildren or the great grandchild, whatever. And there have been times, I was so bad. I would like, pull it out, pull it out, pull it out. And she won't let me. Is she right? It's interesting. Bitcoin has proven to be one of the most anti-fragile, you know, that's a coin term by Nassim Talib. It's this asset that no matter what happens in our markets, no matter what happens in geopolitics and our political environment, it survives. And it tends to thrive on this chaos. We saw with the implosion of Mount Gox back in 2014, 2015. Then we saw the implosion of FTX. We saw the crackdown under the Biden administration

off the debanking and the attacks really on the crypto industry. And Bitcoin's continued to survive and thrive. And of course, it's been volatile, but it's held up as a decentralized currency. It's something that is censorship resistant. It's something that the government can't confiscate from it. It's not acting like a currency, though, is it? It's really acting like a commodity, which is the interesting thing. So we've characterized it as a commodity at the Commodity Futures trading commission. It's just like gold or silver, oil or gas or really anything else. People are using it for payments in some cases. They're using it to store value in other cases. It's really this censorship resistant currency that can be used for various purposes.

So I have to ask you about the president because I just had somebody say to me, don't you have a problem with Trump making, you know, I don't even know, billion and a half dollars off of cryptocurrency. No, I don't have a problem as long as. as it's clean, as long as there's nothing wrong with it, as long as he hasn't been using his office, I don't mind people making money. I do have a problem. Because I would be questioning if, if it were Joe Biden that did this, I'd be like, wait a minute, wait a minute. Is there anything under the hood? Can you explain his, because he's like, I'm a crypto guy now. Can you explain the money here that he has made? Well, the president, just like everyone else in the administration,

is subject to a nonpartisan Office of Government Ethics Agreement, which does limit the President's ability to be involved in any of these business endeavors while presidents. So it's essentially a blind management of those assets. But of course, the President has been involved in the crypto industry prior to taking office and has some of those assets on his balance sheet. Some of them have gone up in value. Some of them may have gone down in value. But of course, he's not involved in the day-to-day affairs. But his sons are, right they? Some of his sons may be involved. But the president's not involved in those business ventures. And just like any other industry, whether it's real estate, gold, silver, crypto assets, you know, the prices are going to go up and down and certain

things are going to be easy for the Democrats to attack and say you're profiting from this. But really, he's got a lot of assets just like many others similarly situated. And so, of course, those are going to go up and down. The president's not involved, of course, in the day-to-day management of those. Are we passing anything that's saying that cryptocurrency can, and never become a central bank digital currency? Are you concerned about that at all? I'm very concerned about central bank digital currencies, and we in the Trump administration have been very clear

that that's not going to happen under our watch. We have put out an executive order. The president actually put this out just a week into office, I think on the 25th of January last year, prohibiting central bank digital currencies, and we put out a report that I was part of on the president's working group on digital assets that specifically states that it is a policy of this administration to prevent a central bank digital currency from coming to fruition. But of course, the prior administration was pushing that,

and we had to withdraw some of their actions on them. Is there anybody in Congress? I mean, is there any way to get this passed before this president leaves office? Because, I mean, you know, the president has done some really great stuff, but the next guy can come in and just reverse all of this crap. Well, that's our concern. We want the. We want things to be future proof. We need to make sure that a central bank digital currency is never possible and legislation is the most important and future proof thing in Washington. And so we're very supportive of that. Congressman Emmer has been pushing this as of others, and we're very supportive of those efforts.

Let me talk to you about crypto, I mean, sorry, predictive markets, because you look like you were probably too young to remember. I'm such an old man now. you know, right after the World Trade Center came down, I think it was DARPA that said we should do a prediction market and we should get together with the five eyes and you should be able to be able to put money into it and say, hey, I think this is where the next terrorist attack is going to have basically a prediction market,

except it was for the spy agencies all around the world. And I thought that was a little grotesque, but also the right thing to do because, you know, when there's money, on the table, people tend to be a little more clear on what they think is coming. That, of course, was abolished almost immediately because it was so offensive to people. But the prediction market is that. What is the difference between the prediction market, however, and gambling?

That's right. So prediction markets have been around for a long time. We actually do have an express prohibition in our statute, or I should say, the discretion for the agency to prohibit. certain contracts on war, terrorism, assassination for public policy purposes, but prediction markets on politics, sports, and other things have been around for a long time. The distinction between a prediction market, which offers what are called event contracts. So that's a type of financial instrument and gambling, which is done in a casino. And we've had in our statute in the Commodity Exchange Act, as well as the securities laws, express authority to regulate these types of

financial instruments, and that covers off any sort of state regulation of those products as gambling. So there's what's called exclusive jurisdiction for these agencies. And the distinction there, though, is the product. When you create a financial instrument, it has certain rights that you have by owning that contract, and it trades in a financial market. So there's a really high bar to be able to trade and offer that product. There's investor protections in place. It has to go through what's called an order book where you're matched with a counterparty on the exchange.

The exchange then clears that through a clearinghouse where they're standing in between. You don't have any of those protections when you walk into a casino, and that's for good reason, because that's entertainment. So that is all regulated by the state really to raise tax revenue and then also for entertainment purposes to allow for bookies, for example, in most of these casinos, they actually take the other side of your position. So they're coming out and they're looking at the data and saying these are the odds of, you know, if it's a sports event, who's going to win the game or whatever else they're betting on, and they'll bet against you essentially. And so they're going to give you worse terms because they always make money, right? And the casinos are always making money.

And they're able to serve you alcohol and do all these things because they're entertainment businesses. Tell me what the Clarity Act. You're big on the Clarity Act. I don't even know what the Clarity Act is. What's the Four? The Clarity Act talking to this future proof notion of making sure that crypto is here to stay and the next administration doesn't come and take it all away from us. We want to get in statute. And this has been from the top, the president has pushed for this. And it's in our president's working group report, it's legislation that creates a market structure, just like we have for the prediction markets and for securities markets, we would have exchanges that are federally regulated. And the problem here is that the states, you know, if you look to a state like New York, they're very

aggressive against crypto. We're in litigation, for example, with Leticia James on some of these issues. They do not like it. And so we need federal protections for the product and for the exchanges. So the Clarity Act is making it a universal, I mean, within the United States, all 50 states have to treat it the same. Is there protection, though, for the, you know, federal reserve? So it doesn't become a CDO? Well, this bill, it's possible to add on some central bank digital currency provisions, and that's been in discussions.

The clean, you know, core bill is not the central bank digital currency piece, but it could be combined with one. So there are various bills that could certainly be attached. The core bill, though, make sure that we have markets where people can buy and sell these custodians where you can hold your crypto or if you're going to take your crypto and hold it in your own personal wallet, that you have protections to be able to do that. So it's really meant to comprehensively cover crypto and blockchain technology, but not necessarily stable coins and central bank digital currency. Do you get into the security of any of it? I mean, I was at the National Archives. They have 13 billion documents, three billion in the business.

building just a couple blocks away from here. 13 billion documents. And I said, with the roll of, I mean, the, the, the library drawers back in the day had to be an enormous room. Everything is digitized now, but everything is digitized now with everything that is happening with, you know, quantum computing and the ability to have no secrets and no codes and, you know, everything can be hacked. Are you concerned at all about what are we doing to make sure that our, our, our,

banking and our cryptocurrency and everything is as safe as it can be. We are concerned about that, and I think the Trump administration has really been pushing for quantum resistance. We put out a number of executive orders recently. We are also taking cybersecurity very seriously. And if you look to our cybersecurity report, it actually names blockchain security as one of the goals of that report. And so across the agencies, we're working to make sure that these systems are secure. We're looking at things like AI. Of course, some of these models can be. be used to undermine banking and financial systems. But that's also why we need crypto in the United States. We need alternatives. If people don't trust the banks and the central gatekeepers,

they need to be able to hold their own assets in their wallet. And that's really important for the American people. Michael, thank you for everything. Appreciate it. Keep it up. Get these things passed by Congress. Please get them passed. Michael Seelig, commodity future, trading commission, chairperson. All right, back in 60 seconds. First, Tom Holman's coming up in just a minute. Let me tell you about Patriot Mobile. Real conviction, you know what it looks like, right? Real conviction when you have two perfectly good options in front of you and you choose the one that aligns with your values, even if it costs you more. That's conviction. It's one of the reasons why I appreciate Patriot Mobile. Their America's only Christian conservative wireless provider,

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Patriotmobile.com slash Beck or call 972 Patriot. A new Bill of Rights song is out at Torch250.com. With lesson plans for all ages so your family can learn how to defend our freedoms. All right. Tom home, did I miss anything, Ricky, with Michael and I have Tom homan coming up in just a second. I love, I love Tom. His security is intense and has been here for a couple of hours now, waiting for him to arrive. They are not messing around. He's going to be talking a little bit about, he's our borders are, and he's going to be talking a little bit about what's what's coming for immigration in just a few minutes.

Do I miss anything, Rick? Ricky. No, I think you covered everything with the CFT, FCT, I'm going to get the acronym wrong guessed. However, I wanted to ask you about Trump accounts and how you feel about them. Those recently launched. If I had been born now, I would have loved that instead of having to rely on my Social Security that won't be there, just a few years. Yeah.

No, I love the idea. I don't love the idea. that we're creating yet another safety blanket, but honestly, it will make it easier for, um, uh, to be able to say in 10 years, hey, guys, at the bottom end, you're not going to get social security, but we need you to pay in to help clear the, the future. You, we've got something else for you. So I think it's a smart move for the future. I love the idea that is being privately funded by so many people. I mean, you know, you want to, well, I guess I was going to say, you want a good PR move for Elon Musk, uh, fund a lot of this stuff. Um, but that's up to him to do it. And no matter what, you know,

no matter what he does with his money, he'll, he'll never be popular again. They're doing to him what they do to, you know, every, uh, rich person and especially great mind. I mean, I think Ben Franklin was the, the last person that we had that well yeah no it was a last person that we had who was a real true genius and a good guy you know um uh Tesla when uh Elon Musk you know developed the Tesla and the battery system and everything else he gave away the patents it's exactly what Benjamin Franklin did because Benjamin Franklin was like I'm old I don't need the money I'm fine and he He solved one of the biggest issues. Up until about 1880, 1890,

the biggest cause of death for women was burning to death from fire because they were cooking on the open stove. Ben Franklin invented the pot belly stove. And he said, no patent on that. So you don't have to pay me for it. Anybody can make them any way you want. And you don't have to pay me because it was the right thing to do. And that's the same thing that Elon Musk did with Tesla. It's the right thing.

I don't need the money. I'm just going to give it away because he believes in green energy. And he believes that that technology could help if it was in everybody's hands. So he just made it public. Anyway, I digress. I think that it's good for the future. And if I were in this particular age group, I would love it. had parents if i if i had kids now who were in this age group i would love this because it's a way for

you to actually make money and have it actually invested you know the they've been talking about a lockbox since ronald ragan and there never been a lockbox and if you go back and you look at the debate on social security even fDR knew this would fall apart he's like eventually this won't work you know If you get labor unions involved and they start voting for things in the government, if you start voting more in, if we don't change the death, if lifespans grow and you don't change it, it's going to collapse. There's all kinds of things that we should have done along the way that could have given this more life, but nobody's willing to do it.

It's always been the third rail. Donald Trump has found a way to lay new rails. And I think it's going to pay off long after he's gone from office because it will give the next president or the president after the ability to say, we are taking care of the youth in a completely different way. They've got to work just until we clear this group out because we cannot go back on their benefits. But we also can't depend on Social Security lasting, you know, for another. 65 years until these kids grow through it because it won't happen. All right, more in a second.

Tom Homan is coming up next. All part of our special on the Golden Door at glenbeck.com slash torch or torch250.com. The golden door, the story from Ellis Island to the White House, available now on Torch at glenbeck.com. All right, let me tell you about chapter. You know what's really frustrating when you're trying to make. a really good decision, the kind that, you know, is going to affect you for the rest of your life. And you can't get a straight answer about anything. Every person you talk to has a different answer.

And after a while, you don't feel informed. You feel more confused. And that's how a lot of people actually feel when they start looking at Medicare. There are plans and supplements and prescription options and networks. And everybody seems to be telling you what their plan is. And their plan is absolutely the one you have to choose. That's because they're making money off of you if you choose that. plan chapter is different they don't work for insurance companies their license advisors help compare all of the

plans from all of the carriers and they explain the differences in plain english and they'll help you find the coverage that fits your doctors and your prescriptions and your budgets and best of all their help doesn't cost you anything when a decision is this important you don't need a sales pitch you need somebody they can help you so give them a call it's free dial pound 250 say the keyword chapter pound 250 keyword chapter The immigration debate has reached peak levels but if you want the truth, get it. The special that Trump loves now

by joining torch at glenbeck.com. And now we're arguing about birthright citizenship. Why all these suicide packs? The 14th Amendment was specifically written for the children of freed slaves. Not for people who fly in, have a baby and claim instant citizenship for the child while the parents stay illegal.

That's insanity. That's not what the authors intended, and pretending otherwise is madness and wildly dishonest. We're also not the destination of import for false and dangerous ideologies, nor corruption from people who come here fleeing corruption. The Somali fraud cases. People were brought here under the promise that they would strengthen America And what happens?

With some of our own politicians help, they set up massive welfare scams ripping off the very taxpayers that welcomed them here. We brought you in to make America better. And now you're stealing from us? That is not the huddled masses yearning to breathe free. That's a clip from Golden Door, the 14th Amendment in Somali fraud. and I talked to the president over the weekend. He said, I just saw the special. He says, great.

Everybody should see this special. You'll learn an awful lot. And you'll learn that immigration is not a suicide pack. It's called the Golden Door. It's available now at glenbeck.com slash torch. Tom Holman is with me. He is our borders are. And the guy who went in and fixed Minnesota.

what an incredible job. That thing was spiraling out of control. And you just show up and it just, it takes care of itself. So thank you for that. Thank you. It didn't take care of yourself. Well, no.

But yeah, the president called me one morning, woke me up and said, you need to go to Minnesota and fix this mess. And I said, Wayne, he said today. So I went up there within a few hours.

I was on the ground in Minnesota. So I saw something, gosh, just today where they, they oh no it was uh it was mom dani uh on fourth of july saying that these guys just show up in masks and unmarked vans and they're just taking all these people away can you respond to that you know what mondami doesn't understand we're doing the same thing we've done for decades we're enforcing immigration law and the reason we're wearing masks is because of the 8000 percent

increase and death threats i mean just not a against the agents, against your spouses and their children. So the same thing, I've yelled at every genre right on the hill that says, take the mask off. I said, we'll take the mask off when you stop going on national media and compare it ICE to the Nazis and the secret police because you are driving the hate. You are driving the hate for rhetoric that's causing the spike in attacks. I said, so why don't you support ICE because they're enforcing laws that you wrote?

So if they're the secret police for enforcing that, what's it make you? you wrote them all. So stop the hateful rhetoric and mask can come off quickly. There's no chance of that happening, is there? They don't seem to be slowing down. And I don't understand. How do you deal with a city like New York that's a sanctuary city and they're not going to comply? How do we, how are we a country if cities can just pick and choose what they want to do?

And they're becoming more and more belligerent about it. Exactly. So, you know, thank God, Todd Blanche and his people are following lawsuits in the sanctuary cities. And some are looking good. A few. We've had some recent setbacks in a couple of them. But you've got radical judges that make decisions not based on law, but out of hatred for the Trump administration. But we're appealing to those decisions.

So I really think we'll be successful in the sanctuary city lawsuits. Because, you know, and what I explained to, you know, Governor Holcomb and we want to talk about Minnesota, Governor Holt would just sign legislation that ended our 287G agreements with some, you know, big sheriffs in New York State. She refused for any county jail to work with us on retention space. And I sat down with her explaining to what we did in Minnesota. I says, you know, when we fixed Minnesota, we gained support from the local sheriffs so we can arrest the bad guy in the safety and security of a jail, which is safer for the agent, safer for the alien and safer of the community.

one agent, the rest of one bad guy. But what you force us in Minnesota to do since they're a sanctuary state, we've got to send a whole team out, which is six or seven fugitive operations, six or seven people on a fugitive operation team, to go arrest somebody in the public. So if you let us in the jail, rather than, you know, six people on the streets, look for this guy, we got one person in jail. It just makes sense. That's how we won in Minnesota.

We got unprecedented support. So that causes us to take more of agents off the street and do it in the jail. And I explained it to Governor Hockel. And I said, because when you force us into the street, we got to send teams out there to do that. When we find the bad guy, which we will, many times are with others. Others that are in the country illegally may not be a public safety threat, but they're coming too. So it results a more agents in the streets. It results a more collateral rest.

And it's a community safety issue when you release the public safety threat back in the public. How does she respond to that? Completely ignored and signed the legislation three weeks later. And that's why I told her, okay, now you forced. us to send more agents to New York to enforce immigration law. Would it took less because you took the efficiencies of the jailway. And what she's ignoring is the fact, now we can't rent a bed from a sheriff. So every illegal alien we arrest in New York will be immediately put on an airplane and sent

on the state. How does that benefit the immigrant community? And, you know, you know, they don't go to proceedings. Yeah. They have no access to their family because we moved by the state. So it wasn't about protecting immigrant community. This is about her support. important sanctuary. Isn't there something in the Constitution about the supremacy of the federal law?

Absolutely. And I think that's why DOJ is all over this, some of these sanctuary cities. You think that's coming next? Well, they've already filed laws, which can several. And we've got to keep doing it. I know Todd Blances there's about, President Trump's service about taking these sanctuary cities on. But what sanctuary cities are causing because of their policies is we're going to flood the zone. I mean, we've got to send, we got 10,000 new agents, about 8,000 are on board right now. All these new resources are going to be assigned to sanctuary cities. Because that's where the problem is. We don't have that problem in Florida, right? We don't have that problem in Texas. The sheriffs and chiefs are working with us.

So when you take that efficiency away and we got to send more few jobs teams out, that's where the surge of agents are going to go to sanctuary states like New York. When you put the agents, or maybe you didn't do it, but ICE agents went in and they were serving at airports, I think during the shutdown. And I went through an airport and they were handing out water. and they were polite and nice and I thought this is this is the best PR for ice I've seen um you have to hire more people to do all these things they are so hated by some are you concerned at all about them turning dark at all just because of what they have to go through that they just

become callous no I think you know like every agency there's bad dentists or bad doctors and you know every place they had a share of issues but I think the men and women are ice that perform remarkable under the under the stress the airports uh president trump again i had more jobs than marco rubio because he called me up that one day says he needs a agency what do you think about agents at the airport time i think it's a brilliant idea it goes good you're in charge of it so but you know but doing that for number one we were able to secure the airports because a lot of tsa agents throughout where security exit lanes we're able to you know move people through the lines quicker get the traveling uh americans through the airport

quicker. But I also did what you just said. It put a new face on ice because they don't have to wear masks in the airport. They're not doing operations, right? And it got people to interact with them. And they understood, look, these are great people. These are moms and dads too. You know, they have children. They have families and they're simply there to help the American people travel and keep airports safe. This birthright or the birthright citizenship, you know, in Texas, we've seen this this birthing center that is China. Are there ways, are you guys going in and arresting and breaking that? Is there anything you can do to the people who are running those things?

Sometimes, yes, sometimes no. But HSI Homeland Security investigation has increased the birth tourism investigations. People who come under who lie in the application come under false pretenses. They're coming here for business or coming here, you know, for pleasure. In fact, they're coming here for birth. So HSI is looking at the birth tourism investigations. They've tripled down on it, especially after the Supreme Court decision. So, you know, it's unfortunate a decision came about.

I'm not an attorney, but I can tell you, birthright citizenship is a major driver of illegal immigration, number one. But number two, more concerning is the national security issue. When you have hundreds of thousands of U.S. citizens from China and Russia and other countries who are not our friends, that can come back to this country and change. How real is that? People would say, oh, please, it's mostly not bad.

How real is that? It's real. I mean, if anybody think, you know, China is not our friend. No, and I don't think Russia's our friend. And they're the two biggest countries that deal with coming to United States for birth tourism. You got Chinese and, you know, the North Mariana Islands in Guam. I mean, it's a real issue. And it's something we're looking at right now.

now we're doubling, tripling down on it because of the recent decision, it's just going to inspire more people take advantage of it. It's a national security issue that could have been fixed with the right decision, but now we've got to live with it and we've got to deal with it. The president told me maybe six months ago, we were talking on the phone and I said, how concerned are you about this birthright citizen? And he said, I'm concerned. He said, I have hoped that they're going to do the right thing, but not only.

lot of hope they're going to do the right thing but don't worry we have some things we can do you know what he was talking about what can we do i think again we we can we deal the national security issue and hold people accountable that are involved to that but also you need to push congress to make some changes and congress has i think supreme court leaned toward this the issue of a congress so congress needs to step up and do the right thing but again i don't have a lot of hope in them either i mean i hope they do the right thing but you know the same thing we'll you know, the Save America Act. I mean, isn't that the right thing to do?

So we'll see. But president has punted that over to Congress and ask Congress to take a hard look at this and make something happen. So let's hope that happens. Can you give me some stats on, like how many people were here when you came into office, how many people are gone now,

how many are self-deporting? How, I mean, we had a obvious, I think, we had a slowdown there for a while of getting the bad guys out because you were dealing with things like, you know, uh, Minnesota. It just feels like that.

Is this on track? Yeah. Where are we? The, I suppress our record pace. There was a slowdown. I even talked about slowdown. When I looked at,

it was like down 14% higher sometimes. But the Department of Homeland Security was shut down. And I was involved, you know, another job I got was going up the hill and negotiate. It's a problem being competent around Donald Trump, isn't it? So I want to,

up there along my chief of staff, we sat these negotiations to open DHS up. And I can say, without a doubt, the reason DHS was shut down is because of Minnesota and what they saw happen in Minnesota. And because they said it. Everything they brought up was about Minnesota or Chicago. But when I sat down and explained, well, we fixed that. We're already dealing with identifiers and uniforms. We already had body cams. We already deployed body cams. Matter of fact, the money you're holding up gives us $120 million. to buy more cameras, to we fix this issue. So, you know, they simply, they didn't want to, you know, see ICE improve.

They were trying to shut down ice or trying to take authorities away. And I told them, day one, I'm not going to sit here and give up any authority ICE has enforced immigration law. So, you know, it worked out great, right? Through the reconciliations, they didn't get any of it. Things were asking for as ridiculous, but it was all based on Minnesota, why they shut down. And now that we got the reconciliation package, there's the numbers are specialization. biking. I told people just have some faith. There's a plan and the plan's coming together. Matter of fact, report two days ago, I got the numbers from ICE and they arrested over 10,000

people in less than five days, which is the record for the agency. And that's just ICE. It's not ICE, Borchow, FBI, D, A, that we had to all of government in the first year. This is just ICE. They're hitting record numbers. So one of the things, and I've only got about 45 seconds left for this answer, but one of the things that I was always concerned about was the border wall because that protects us against future. We never thought that an administration would just start flying people over our border, but the border wall. And now what is really talking about it? We're almost done with it, aren't we? As of this morning, we have already built 132 miles of wall. All the wall, since President Trump, plus secondary wall and buoy barriers, hundreds of miles of buoy berries, hundreds of miles of buoy berries in the river.

So I can say by the end of 2027, every mile of wall will be in the ground. Every mile will be in the ground. next year. They're building wall quicker and cheaper than they did during Trump 45. CBP's doing a great job. Wow. And thanks and for that with the help of the Department of War too. They're on the ground to help in us. Tom, it's great to see you. Great seeing you, sir. Good to have you here. Thank you so much. God bless you. All right, bud, keep up the good work. And please thank all of the officers for what they do. God bless every board which lays in the ice age and other. Yeah. Thank you. All right. Let me tell you about relief factor. It's early in the day.

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i don't like this apparently been going on for three weeks and there's all kinds of stuff and We'll talk about it tomorrow if we can get some more information. But I have to tell you, everybody in the GOP, shame on you. Shame on you. You should be pressuring for more. How can we spend four years saying what's the condition of Joe Biden? What is the condition? Is he even fit?

And we're now three weeks into this. And we don't know about Mitch McConnell, a sitting senator. I mean, we should have known what his condition was long ago. These guys have got to retire. I'm sorry. I don't have a, I'm not an agist. But there comes a point. Get the hell out.

And are these families only about politics? Shameful.