The Glenn Beck Program - Glenn Completely Changes Course on Trump's Tariffs | 2/26/26

Episode Date: February 26, 2026

Glenn kicks off the show by discussing two major developments overseas, including Israel’s Iron Dome and India’s alleged seizure of oil tankers tied to Russia and Iran, which Glenn argues is signaling India’s pivot toward the West economically, strategically, and on security matters. Glenn argues this is evidence that America is reversing course and becoming the leader of the free world once again. Glenn discusses the latest scandal involving Microsoft founder Bill Gates and accusations of stepping outside his marriage. Glenn admits he was wrong about something. Glenn admits he’s finally come around to President Trump’s use of tariffs after seeing how he uses them to advance America’s economic interests. Did Elon Musk just suggest AGI is coming and that means you shouldn't save for retirement? Glenn makes the case for why it’s time for America to eliminate the income tax. Glenn plays a video of American economist Milton Friedman, who lays out how he would handle taxes, as Glenn warns of the dangers of a universal basic income. Glenn takes a call from his audience about AI data centers.  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. I don't know how we're going to get to everything today. We had like a little private Bay of Pigs things happening in Cuba. We have John Thune saying, I don't know, we have important things to do.

You know, maybe not the Save Act is not the most important. Oh, my gosh, I can't believe that. Also, Elon Musk came out and said, AGI, he believes is going to happen this year. That's artificial general intelligence. That's a massive change. And in that same speech, he said, by the way, I don't think you should be saving for retirement. Wait, what? We have to talk about that today.

Also, Medicare fraud. I don't know if you saw this. Pennsylvania in just one part of Medicaid, is it Medicare or Medicaid, Medicaid, one part of Medicaid, the state of Pennsylvania went from $5 million a year to $583 million a year. How'd that happen? Where did all that money go? Fraud is rampant. Also, today, I have to tell you. I have to reverse myself on a major policy, something I have fought for for my whole life, my whole life.

And I've kind of danced around this over the last couple of months, but I wasn't really sure, and I've done my homework on it, and I've really thought about it, and I've looked at history, and I have to reverse myself on a major policy. I am going to admit I was wrong. and I'll probably do that next hour because I've got to tell you when you look at all of the news that is happening today

there's two really big stories that are being left out that no one's talking about but the state of the union two nights ago when that happened that was his effort of saying look things are getting better things are changing these guys are the problem I have the solution

Are you going to stick with me, America? And two stories came out yesterday, and when I saw them, I'm like, oh, my gosh, oh my gosh. If you understand these two things, history will record these times. And if this works, we will be the first country or first empire to ever reverse the pattern of decline. because of two stories that I read yesterday, it will become clear the fundamental transformation of America, the second American century, that America is no longer in decline.

It is actually going to lead. If we don't change course, it will become very clear, and all of the other stories will start to make sense. And I want to start there in 60 seconds. First, American financing. You ever feel like you just need a moment to take? take a breath. I mean, not a vacation, not a week off, just a little space, a little room in

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And I found them yesterday and I'm like, oh my gosh, these are earth shattering. So let me tell you the first one. Prime Minister of India, Prime Minister Modi landed in Israel yesterday and then he addressed the Knesset. Then they signed defense agreements or they discussed these defense agreements that are going way beyond Comrus. It's deep integration of Israel's layer air defense systems, including the Iron Dome and the laser layer known as the Iron Beam.

Okay. Not a sale. Not a sale of those things to India. Integration. Okay. Technology transfer discussions happened yesterday. This is joint production and institutional. institutional entanglement.

Okay. Even if half of what is being reported about the iron beam, the cost per interception is accurate, it's game changing. I don't know if you know about the iron beam. You've heard about the iron dome. What's the iron beam? Right now, if you have an interceptor missile, okay, an interceptor missile is anywhere between $2 million and $110 million.

dollars. Why do third rate countries love new technology so much? Because they could take a million dollars and pour it all into drones and they could just wipe an aircraft carrier out, okay? Because we have to fire really expensive weapons to take those things down. And so you just bankrupt us. What the iron laser is doing is it's single digit dollars of electricity. So you turn it on, boom, boom. It's the electricity that fast, and that's all you're paying for. And it's single digit dollars instead of $110 million as an interceptor. That changes the game.

The economics of attrition warfare completely out the window. The old model has been, overwhelm your enemy with cheap drones and rockets until he runs out of the expensive interceptors. that math collapses if defense becomes cheaper than offense. Okay. Now that's one shift. That went over to India. Now here's the second.

India's Ministry of Defense briefly posted and then deleted that the Indian Navy had begun intercepting and seizing the shadow fleet oil tankers. Wait a minute. What? The shadow fleet, these are ships wildly understood to be part of Russia's sanctions evasion system. This is going from Russia to other countries and from Iran to Russia, et cetera, et cetera. He posted that they were now going after the shadow fleet and then the tweet disappeared. But the operations didn't. So let me translate this. India has been kind of a frenemy, if you will. They're kind of, they just, they always play the edges, you know.

Their national identity for 80 years has been non-aligned. We're not going to align with anybody. And they're the founder of Bricks, okay? Historic customer of Moscow for defense. They bought a ton of discounted Russian oil, even during the Ukraine war. India has built its post-independence mythology around strategic autonomy. It doesn't bow to anyone.

It's not part of a block. Until this week, India is now policing maritime law against the financial lifeline of Vladimir Putin. That's not a policy tweak. that is a tectonic shift. The shadow fleet is not a detail. It's how Russia sells oil outside of the sanctions regime. It's the way Russia gets around us and the rest of the West. It's how Moscow finances drones.

It's how they finance artillery shells and spare parts and political loyalty. If you take down the shadow fleet, you constrict the war. and what India is doing is not stopping there. Iran is also using the same kind of network to move sanction oil. China buys enormous quantities of discounted Russian and Iranian crude, cheap energy that subsidizes Beijing's manufacturing edge and their ambitions to rule the world. Now imagine India taking their Navy and saying,

yeah, we're going to choke that off, not just by America. but now joined by India, a non-aligned BRICS founder, the country that for decades used Moscow as leverage against Washington. That's what India does. They play both sides. But something changed. Hmm, what has changed? Over the last, what, two decades?

The narrative coming out of Washington itself, coming out of the United States is America is over. America is declining. We're managing the decline. We're spending ourselves into oblivion. We're not doing any of the things that you and I know we should have been doing for a very long time. So, bricks, the dollar is going to fall. Bricks will replace the West. China's century is inevitable. That's been the narrative for the last 20 years because we hollowed out our industrial base. We financialized absolutely everything. And we were sitting here arguing about pronouns while China and everybody else was building factories and missiles. And what was happening was our politicians, unbeknownst to you, I mean, they would say it, but they didn't ask you to vote on this.

They were managing America's decline. Then Donald Trump came in 2016, but he didn't have it. He didn't really have his arms around what everything was and how to manage everything. Then came 2024. When Donald Trump came in, the strategy now is not subtle. The moves he's making are all transactional and unapologetic. Carrot and stick and mean both of them. But India continued buying Russian oil.

So tariffs followed. Trade leverage followed. Energy dominance returned as a strategic tool here in the United States. Sanctions enforcement tightened. U.S. naval seizures of the Shadow Fleet Veshells off of Venezuela sent a very clear message. We are now going to enforce maritime law. We are not screwing around. Carat and stick and mean both. Here in America, our press said, that's reckless. It's going to alienate India and the rest of the world. It's only going to strengthen bricks. Except look what just happened. We now have a sweeping trade framework that is reducing tariffs conditional on India curbing Russian energy purchases. First they said no, then they said yes. now they're in Israel partnering on the Iron Dome and then they begin maritime enforcement against the Shadow Fleet tankers Modi standing in Jerusalem discussing the integrated defense architecture while F-22s are sitting on the Israeli tarmac

China's negotiating for supersonic anti-ship missiles with Iran India is tightening the alignment with the West's security ecosystem. This is not chaos. This is fundamental transformation of the way the world is working. We have pursued cautiously India for a very long time. Then there's Silicon Valley section, Bangalador, I think. It realized, wait, I've got to do things differently.

Then after the title wave, what was that in Japan? Remember the big tidal wave? I can't remember what that was called. But anyway, something formed called the quad, okay? Banglador grew, the quad was formed, relations start to thaw, suspicion still lingered, India still balancing their relationship between Moscow and the United States, not choosing side.

what you're witnessing now is different. The U.S.-India relationship has been thawing because of India's Silicon Valley. What they realized is that we need to integrate with the U.S. and the West on tech. Okay. U.S.-India tech integration has to happen. Massive Indian migration to the United States. We're closer. Shared software, AI, semiconductor, defense innovation.

ecosystems and then a detox in India from the Cold War socialism that they were going through. Let me explain this in plain terms. India began tying its future to the West and Western capital, Western markets, Western technology. And it was the first slow shift from Moscow. Now, I think India is looking at who's going to win AI, who's actually playing for the world, who actually has a solution. that will work and that will want partners, and I think they're picking us.

Then, like I said, the quad, that's the United States, India, Japan, and Australia. After the tsunami in 2004, they joined this thing, and then it kind of went dormant. And then it was revised as a balancing coalition against China, because China was, everybody knew, China was growing in maritime power and aggression. So India agreed to sit at the security table with America. and the Indo-Pacific. India acknowledged China as a structural threat. That's a pretty big deal.

India began stepping into the coalition, you know, instead of strict non-alignment, it was cautious, it was quiet, it was incomplete, but it was the first visible crack in India's 80-year-old posture. Donald Trump comes in, he sees all of this. He sees what's happening, and he sees the opportunity. What just happened with the shadow fleet enforcement and deeper defense integration is not incremental.

It is massive acceleration. For 30 years, India leaned towards the West economically. For 15 years, they leaned to the West strategically. But now this is a structural move. So why does this all matter? I'll tell you in 60 seconds. First. Let me tell you about our sponsor this half hour.

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Celebrate America's 250th anniversary with us on May 2nd at Ellis Island. Get tickets at glenbeck.com slash events. Okay. So what all of this means? I've told you for years, no country, no empire has ever reversed itself, ever. countries and empires declined because they lose will before they lose the resources. And we had lost the will because we didn't have a leader that was saying this way. You overspend, you over borrow, you appease, you drift. And what never happens is reverse all of that.

Never in history has it happened. Okay. There is no, there is no, no model for a great power reaching the edge, the very cliff, and then going, you know what? No, we're not going that way. We're going to rebuild and reverse course. What we're doing now as a country, and this is why it is so important. This is what Donald Trump was trying to show you glimpses of when he was going through all of the things in the state of the union. What he was trying to show you was, look, this is working and this is a major, massive plan. It's all connected. Okay. And it leads to me reversing myself on something that I have, I've believed in forever, because what this president is doing is remarkable. And if this solidifies, if India's pivot holds,

then Bricks has a massive hole in the hole. The Russia, China, Iran axis, it loses financially. It doesn't have, He doesn't have the cash flow anymore. And everything is tilting towards enforcement instead of exploitation. That changes everything. None of this is magic. None of this is magic. If this strategic realignment is paired with fiscal seriousness at home,

if corruption is curtailed, we got to get to that because big news on that today. If waste is cut, if energy dominance is sustained, that depends on the Save Act, and trade becomes reciprocal rather than suicidal, the deficit stops being our destiny. Decline stops being inevitable. This is huge when you understand what's really happening. I'm going to take you through all of the other stories. I'm going to go Bill Gates next and why that plays into this too. When you start to see all of this comes together and you look at it as a big picture, there's real hope.

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What did one of them posted? It was Glenn Lee that posted? Lenley 19-something. All right. What did he say? He said, please define managing America's decline. Do you mean carefully controlling the intentional decline of America? The last president we had that said America is a special place and has a special destiny in the world was Ronald Reagan.

George H. W. Bush came in and said, there's a new world order, okay, which is the beginning of the decline of America, you're not all that anymore, okay? Clinton, the same thing. George W. Bush, the same thing, a new world order, okay, all of that. Barack Obama saw it even worse than those guys did. He believed that United States should. should be taken down for, you know, justice and everything else. And so he talked about the fundamental transformation of America. And he, along with the WEF, the United Nations and everything else, they all start building framework that is going to replace the United States. It would put us into this global shell. But you have to have the decline. You can't fix the problems. You have to accelerate the problems to get that decline to actually happen. Donald Trump is the first

president we've had since Ronald Reagan that said, no, no, no. America is a special place and a good place. And while we don't have to rule the whole world, we're not going anywhere. And we're not going to live as a second world or a third world country. No. And he has a completely different vision for America and for the world. And that's why you're seeing, like, Like these boats that just were being shot at in Cuba, these Florida speed boats, you read that and you're like, uh-oh, that's Bay of Pigs. That's not us. That's not us. That might be Americans or American citizens or Cuban citizens now living in America that are seeing what I'm seeing and what every American should see.

the world is changing and the oppressors, the real oppressors, are on the ropes. Cuba is in peril and it could fall. It just needs a little push. Those who, you know, think they'll take this into their own hands. They're seeing that and like, guys, we could get into a speedboat, a few speedboats, we can take them right now. I don't recommend that. But again, that wasn't us. That's just others seeing, oh my gosh, the entire world is changing.

This is what they did in the speedboats is what the WEF was doing in yachts. They saw America on the decline, America having trouble. And they said, let's continue to push that, but it'll fall into our yacht. Okay. That's what I mean by that. And that's what you have to understand that Donald Trump is reversing all of that. I've never seen anything happen this fast. He's reversing all of that. And big players and big signals are going on ignored by the press. And you have to understand them. Okay. And let me tell you

another thing. The W.E.F. Oh, that thing is about to fall. Did you see that the president and what was the president and CEO of the W.EF? I don't know his name. Uh, he just, he just got out because, uh, of Epstein. Okay. Now remember, Schwab also. got out because he was harassing women, et cetera, et cetera. Now, the next guy, who is the president and CEO, this guy is all wrapped up in Epstein. Who else is all wrapped up in Epstein? You don't have to like Bill Gates. You don't have to hate Bill Gates. But let me tell you this. If you care about power and influence and all of the backroom shady deals where money meets government contracts and and they're they're getting together with their buddies in this

industry and this government and they're plotting the demise of the Western world and their power. Oh man, you had to love yesterday. Bill Gates came out and said, I had some affairs. Did you, Bill? Because this isn't about an affair. This is not about infidelity. He tried to make it about that. Now, Bill Gates admits I had two affairs during my marriage. One with a Russian bridge player and the other one with a Russian nuclear physicist. Really, Bill? Did you see the world is not enough? Remember that, James Bond?

Can we put that picture up of the Russian physicist, the nuclear physicist that James Bond ran into? It was Denise Richards. Do we happen to have that picture? I mean, Bill, you're one of the smartest guys, you know, supposedly on Earth. Do you really believe that if she were hot and a nuclear physicist, she'd be all into you? I mean, that's but stupid at best, but fine. You know, it's a personal affair.

No, it's not. It's not personal and it's not private. Because the bridge player, she was financially assisted by Jeffrey Epstein. after Ebstein had already been convicted of sex crimes. Now, according to the DOJ released emails, Epstein attempted to use that relationship to pressure Bill Gates. That's not gossip. That's leverage.

Now add this layer to it. Anna Tenova, the Russian bridge player, she was photographed with Anna Chapman, part of a Russian spy ring that was rolled up by the FBI in 2010. The daughter of a former KGB officer deported intelligence asset. They're hanging out. Oh, this sounds dangerous and strategic. Because Bill Gates is not just one of the wealthiest men in the world.

His foundation influences global health policy, as we all learn through the World Economic Forum and the WHO. His technology platforms, even worse, are embedded in our government system. He has real relationships tied to military and federal contracts. He's not a private citizen. He is a national security interest and risk. So imagine this scenario, purely hypothetical. A wealthy American titan in a compromising relationship with a foreign national, facilitated or financially entangled by a convicted blackmailer with global, connections. If you were running an intelligence service in Russia, what would you call that? I would call that a honeypot operation. And if you were looking for leverage over someone with global vaccine influence, agricultural control networks, data infrastructure access, advisory roles across all kinds of administrations, his systems are tied into our Pentagon and everything else. You don't need proof of wrongdoing. You'd only need the threat of exposure.

Epstein, you have to remember, did not collect young girls alone. He collected secrets. He collected powerful men. He collected what the Russians called compromise. Okay. Compromising information on people. And once again, we're told nothing illicit happened. I saw nothing illicit. It doesn't matter to foreign intelligence agencies. They'll say, we can make it look like this, Bill. You want your wife to know about that? His wife, he got a divorce. He left his wife over Epstein.

Why? Why? Why? Look at what happened in the UK. An ambassador is forced out amid just allegations of secret trading and misconduct tied to private underpants parties. Okay. That didn't start, the Underpants Party scandal did not start with espionage. It began with personal compromise. Compromise is always the doorway. And that's what makes this story from, different from gossip about a billionaire's marriage. I don't care about his marriage. This is the convergence of Russian nationals, Epstein leverage attempts, because he talked about, he talked about the leverage.

over Bill Gates in his emails. Known intelligence linked figures, government and military influence, and financial entanglement. That's a very wicked brew. Does it mean he's guilty of espionage? No. Does it mean he was knowingly part of a foreign plot?

Not necessarily, no. But does it mean he was in the position where someone could apply pressure? Yes. Now, do you trust that he is safe in keeping your most precious national secrets and that he should be involved in our Pentagon, our government,

in our AI, in anything? Because he's trustworthy? No. One thing I've learned, when the powerful say, there is nothing going on here. there was nothing to see. It usually means, don't look here.

There's plenty to see, right? Yesterday I posted that, what I say? And so it begins. And so it begins. Because I think this is the first crack in something much, much larger. And finally, it's coming home to America because I'm interested in what's happening all over with these very powerful people in Europe and everything else. but nobody in America? Nobody?

Mm-mm. And so it begins. This is absolutely worth watching and keeping your eye on. Don't look away because if leverage exists, even briefly, the implications are not about his marriage. And this would not just be the end of his reputation. It would be the beginning of something, much, much bigger.

So I stand by what I posted yesterday, just those few words. And so it begins. Back in a minute. Let me tell you about our sponsor this half hour. It's the Berna launcher. Your son goes to college. During the day, campus feels safe enough, you know, the tours of coffee shops, the kids with backpacks, the headphones, you know,

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We just talked about something that's mind-blowing a minute ago. And deeper understanding. You know, Jason and I were talking about next hour I'm going to be reversing myself on a major part. I was wrong is how I start the next hour. And you get even deeper understanding. of that if you're listening during the breaks because we have a george a i almost on the same exact same thing become a torch member now inflation proof you get all kinds of perks if you're a founding member do it now glenbeck dot com slash torch my father left uh the house well before six uh you know

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been president, Kamala Harris has come out and said 40% of Americans, they don't have any kind

of proof of their identity. 40% have no proof of their identity? How are they living in

this in this world today. You have no idea. That is, I mean, I just can't take the stupidity and the lies. Now, let me talk about truth. Occasionally, it would be nice to hear somebody like that say, you know what, I was wrong. I've always told you that if I'm wrong, I will lead with my mistakes. So I want to say the three words that Sarah, our board operator, says no man has ever uttered. I was wrong. And I want to explain it to you what I was wrong about and why it matters. And then I'd love to hear your point of view on it too, because I have a feeling some people are going to say, no, Glenn, you're now wrong. But I don't think so. Let me make the case in 60 seconds, a major reversal. All right. First, let me tell you about rapid radios. We have built a world where you can stream movies from space.

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I want you to understand, I want you to listen to the whole explanation here because I don't believe I was wrong. in principle. I was wrong in understanding and possibly timing. Okay. I've been thinking about this and playing with this for a while now, but I think I am ready to say what I once opposed tariffs, I now think I support. In fact, I know I support. Okay. I believed, and I believe sincerely that free markets are not just efficient, but they're moral. And I still believe that free markets are moral. That voluntary exchange between borders lifts all boats. That protectionism is a relic of fear.

And I hate that. And I still believe those things. Because historically, there is truth in that. But historically, there is also proof in the other way. And let me explain. After World War II, the United States stood alone. We had everybody's gold. From World War I and then World War II, we had everyone's gold.

Everybody's gold. Our factories, we didn't have, we didn't lose anything to a bombing here. Our factories were untouched. Our industry was unmatched. Our dollar unquestioned. Free trade worked. Why? Because we were the apex predator.

in a world of economic rubble, we were Tyrannosaurus rex. And in that environment, tariffs would have been stupid for us. Why would we impose tariffs? We wanted the world to buy our stuff. We're an engine. We're just churning stuff up. Okay. But that's not the only chapter in American history.

Let's go back further before we had everybody's gold. The founders, and there's a great George A.I. on income tax. Unrelated to this, it's so funny because the George AI came up and I'm like, oh my gosh, this is exactly, I mean, this is tied directly to what I'm talking about today. The founders did not like income tax. They didn't want any direct tax on people, okay? The founders used tariffs as the primary funding mechanism of the federal government.

They did not have an IRS. They did not believe in income tax. They funded the entire government on tariffs, excise tax, and duties on imports. That's it. Okay. It was simple. It was transparent. And it tied government revenue to trade rather than the confiscation of labor. Okay. That's how we set it up first. Then came Abraham Lincoln and the early Republican Party. Abraham Lincoln and the Republicans were unapologetically pro-tariff. Why? Ever wonder why the Republicans had for such a long time? oh, they're just for big business. They're for big business. It kind of comes from this in a way.

Okay. America was industrializing at the time. We were a nothing country back in the 1800s. Okay. We were still kind of a joke to the rest of the world. We were a neat little experiment. Let's put it that way. And we needed to protect our infant industries from European dominance because they had all of it. we had nothing. So we enacted tariffs. And tariffs allowed us to make our own steel, our railroads, our manufacturing. It helped turn a fractured farming nation into an industrial powerhouse. Tariffs are not a sin. They weren't then. There aren't now. Tariffs are a strategy. So what happened? Because tariffs were very, very popular from the founding of the country up until hmm, 1913.

This is when tariffs start to get a bad name. Tariffs, what happened in 1913? Oh, Woodrow Wilson, the Federal Reserve, and the income tax. Okay. Tariffs and income tax. The federal government untethered itself from trade and tethered itself to your paycheck instead. however, it didn't fully untether itself from trade.

And this changed everything because by 1930, Smoot-Hawley come in and they're rightly or wrongly blamed for worsening the Great Depression because tariffs were imposed and as protectionism and has become politically toxic, okay? I believed they were toxic. And one reason why they were toxic that I now understand is because, they were coupled with high taxes. You cannot have both tariffs and high taxes. I'll explain that in a minute. So after World War II, America dominates the global economy. Free trade is not just workable. It's to our advantage. You got to start thinking, you know, we think all idealistically.

Well, that was the principle free trade. And they weren't thinking that way. They don't think that way. okay, they don't think that way now. Why all of a sudden they were pure and like the driven snow back in 1940 or 1950? No, they knew this was advantageous. We had all the gold. We had all of the industry. We needed to sell stuff to the rest of the world. So we opened our markets because we owned the markets.

And conservatives, including myself, inherited that worldview and we never asked beyond that worldview. free trade just became synonymous with prosperity because there are times when it is tariffs become synonymous with stagnation because when you have all of the cards why would you block your own market if you're trying to sell to the rest of the world don't do that okay inflation became the argument enter because that's what I always argue well tariffs are going to raise prices case close okay but here's what I failed to see. Free trade works when all of the players are playing free. We all know that, right?

It works when your trading partners are not subsidizing industries, manipulating currencies, stealing intellectual property, weaponizing supply chains, using slave labor. We've said those things, but it never gets you over the hill. Okay. Here's what got me over the hill. tariffs or free trade works when you own the markets. But there comes a time when you then have to look at it and say, okay, wait a minute, wait a minute. Now we own the markets, but everybody else is weaponized trade against us. And now we're hollowing out our own industrial base.

You know, we're financing our adversaries rise. We see China. We're funding that. What are we doing? We're hollowing ourselves out and we're funding them. This is insanity. It works when trade is reciprocal. But when it's not, free trade becomes unilateral surrender.

And for decades, we told ourselves that cheap goods were proof of wisdom. No, it was just proof of cheap goods. Because while we were getting the cheap goods, our factories closed, our communities were collapsing. Our strategic supply chains were all moving. overseas. We financialized our entire economy while others were industrializing theirs, and we confused low prices with national strength. I didn't get this. I mean, I've slowly been getting it, but I didn't really understand it until I started to see the world the bigger picture that Donald Trump is doing with tariffs, okay? Because I believe 2024 was our last call.

We were at last call. You either have to change your ways or you're going to die as a nation, okay? Structurally, we have to change. The era of effortlessness, American dominance is over, okay? Unless we rebuild, unless we retool, unless we think out of the box, unless we start new strategies unless we start saying, wait a minute, this doesn't work. What about we try this? Okay. The lights will slowly and then quickly go out. I have had very long conversations with the president about tariffs.

He has been remarkable in his conversations, only because he's been honest. He listened to me, go on and on and on and you're like, well, Glenn, I've already thought of all those things. I think you're wrong. I'm going to do tariffs. It has been refreshing to have a guy who will listen to you actually. take you seriously listen and then say, thought about that, thought about that, thought about that, thought about that, you haven't changed my mind. But I didn't understand, I didn't understand his

vision. I believe because he has the vision to see the world economically as it truly is, but also the vision to see economically, business-wise, how it can be. He understood tariffs are not just punishment and higher prices. You use tariffs strategically as leverage, as negotiation, tariffs as industrial policy without the bureaucracy. Tariffs used strategically, not universally. Tariffs used as a tool to bring trading partners to the table. Tariffs being used to build domestic capacity. When he keeps saying about these $18 trillion, everybody just, they blow it off like it's no big deal. That's $18 trillion. That's just about half of our entire national debt. That $18 trillion is not being given to us. That's foreign countries saying, I'm going to invest and

build factories in your country, and I'm going to build about $18 trillion worth of factories. What does that mean? That means jobs. 18 trillion worth of factories let's say half of that is true that's pretty remarkable you know what that will do that will rebuild our industrial base

which we hollowed out because we didn't have terrorists I had never seen them deployed in the way he's deploying them you know I didn't understand the full history of it the founders did the founders did Lincoln did

early Republicans did. I think we as a nation understood the other side in the 1940s and 50s how they could be strategically removed and worked to our advantage, but for a limited time. Instead, we married into them and said, universal principle. It's not. It's not. Tariffs are not isolationism. Tariffs, now listen to this, because man, when I thought of this, I thought, oh my gosh,

I've always hated two words, nation building. We're nation building. Oh my gosh. My eyes start to hemorrhage when I hear nation building. Right? Well, let me give you another view on nation building in 60 seconds. First. Our sponsor, this half hour is Rough Greens.

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You just pay for shipping. Get the free trial bag. 10 seconds, station ID. From the Pilgrims to the Bill of Rights, the American Story, the Beginnings, is an immersive audio series on the founding of America, exclusively for torch members at glenbeck.com. That American story, based on the book by David and Tim Barton, is so good.

Five episodes are out now for Torch members. I'm cutting the next 10, but the next five are coming out very soon for church members, and then it'll be available everywhere. But it's a 20-episode story about how America was found, and it's so well done. It's really, really good. Mainly I can say that because I had very little to do with it. I just read it.

Everybody else produced it, and it's really, really good. get it at glenbeck.com slash torch join us now all right nation building i've always hated that you know why because those two words always meant we were building someone else's nation at our expense how many times have you or heard people say on the left and the right why are we nation building our schools are failing our factories are closing our streets our airports are falling apart why are we building somebody else's nation let's use the money here to everything there is a season. We were nation building. That's what we were doing in the 1940s through the 1960s. We were building other nations that had been completely destroyed. So we allowed them to put tariffs.

We bought their goods. They did it. We were just open. We sold them our stuff. It was good for us and good for them for a while. But to everything, there is a season. After a while, they caught up. They rebuilt their nations, okay, and we helped them do that. But then we just kept this in place. And by the time we hit the year 2000, China is rising, Russia is weaponizing energy. Our factories, our treasuries, our institutions, all hollowed out, okay? No tariffs, not noble at some point. They become negligent.

So this is why I'm reversing myself. Not because I abandon free market. I believe in the free market. But I think I've misunderstood the free market and to everything there is a season. A true free market cannot exist if your industrial base is gone. And what no tariffs did to us,

we did it intentionally, was nation-build someone else at our expense. After a while, it hollowed us out. Okay? You cannot have a free market if supply chains are controlled by China, adversaries. A free market doesn't exist if your middle class has been hollowed out all in the name of theoretical efficiency.

Tariffs properly understood, properly used are not anti-market. They are a defensive tool to restore market sovereignty and to rebuild our nation. Now, when these tariffs are nation building, our nation. You know, and I bought the inflation argument as the strongest valid point. Tariffs raise prices. Yeah. Yeah. Yeah, they can.

And if you let them stand with high income tax alongside the tariffs, you've got the worst of all worlds. So here's where I want to go further. Tariffs and income tax cannot coexist. Okay. they cannot coexist. Donald Trump talked about this. This one got me thinking on this part. This is what finally pushed me over the edge.

He started to talk about getting rid of the income tax. And I was thinking, okay, let's just play this out here for a second. So let me take you there. As I admit, on tariffs, I've been wrong. I'm reversing myself. I am for tariffs. Let me finish making the case and we'll take some of your questions as well. Next.

Let me tell you about pre-born. We've been arguing about abortion in this country for, well, I mean, the founders wrote about it and checked with George A.I. I mean, the writings are there. They talked about abortion. Then we give the talking points back and forth and all that noise is happening, but something else has been advancing during this time, and that is technology. Today, ultrasound imaging allows a mom to see the baby in the womb, to hear a heartbeat, to watch movement, to see that this is not. not an abstract idea or political slogan. It is a child. And that moment changes things nine out of ten times. Studies have shown that when an expecting mom is considering an abortion,

she sees the ultrasound. A significant number of them choose life. And that's what pre-born is all about. They partner with clinics all across the country to provide free ultrasounds to women who feel like they don't have any other option. And they just, they don't even want to, it's not even really a baby. So that's what they've been told. Forget about women. the argument. Let's save babies. Let's save lives of moms. Okay. I want you to go to preborn.com or dial pound 250, say the keyword baby and donate. 25 bucks pays for an ultrasound. Keyword baby at pound 250. Get Glenn's best conversations with high profile guests like Dennis Praker early by joining glenbeck.com slash torch. Uh, okay. Let me make the case. I just

reverse myself on tariffs. And I'm shocked. I mean, I talked to the president about this a couple of years ago and he said, I'm going to convince you a tariffs. And I'm like, no, you're not. And he's like, I think you're going to be a fan. I said, well, it'll be interesting to see, but I do not think so. And it's not conversations with him.

It is, it's watching what's happening. And the tipping point for me yesterday was what I talked about in the first hour with India. what Donald Trump is building is a new American century. He is nation building, except it is our nation. And these $18 trillion, people don't understand when they say, when he says, I got $18 trillion worth of investment. Let's just, let's say, he only got $10 trillion.

Do you know how much money, 10 trillion is? And it's coming from other countries that are saying, we're going to build factories here in America. Okay. That means more jobs here in America. That means you have cheaper goods because tariffs won't apply if it's made here in America. But see, the problem with tariffs and the income tax that you cannot have both of them. You can't especially high income tax. You can't have tariffs and income tax. They can never coexist. Because if tariffs become a meaningful revenue source again, if we use them strategically, then it should be our goal to reduce and ultimately eliminate the federal income tax the way it was before Woodrow Wilson. Because critics say tariffs raise prices. Fine, I'll give you that. Okay. Then let Americans keep their entire paycheck. Why, what they pay in taxes will clearly pay for any price increase in the short term.

But remember, you're using that money to nation build, two words I hate. Not this time because it means we're building our nation. We're rebuilding our industrial base, which means more jobs and you're going to have more products made here in America. What doesn't receive a tariff? Things made here in America. So over time, you can avoid all of the stuff or most of the stuff that's coming from other countries because you're making it here. And once we've rebuilt, you can bring those tariffs down into line.

If a product costs more because it's made here, that's a problem. But it is also supporting American workers, American factories, and American resilience. We didn't have that problem. We have the problem they're more expensive to make here because nobody's making anything. here. If it's costing people more because it's made overseas, then make sure the citizens have their income tax relief to absorb the cost and then some. You don't tax labor and tax imports at the same time. You have to choose. The president talked about this in the state of the union. And everybody was like, wait, wait, wait, is you talking about getting rid of income tax? Yes, because of

tariffs. The 16th Amendment shifted the burden from foreign goods to domestic labor. It took it from foreign and said, you, the men who devised the income tax, were progressives that were looking to do nothing more than grow power for the government themselves and keep people like you and me in our place. Both tariffs and high taxes will do just that. You have to choose. in 2026 with a 30 plus trillion dollar debt, a hollowed out industry, strategic competition rising everywhere. It's madness to not change the game. The thing Donald Trump knows we have to do is we must rebuild. We must retool. But we have to onshore some of the money that we just so happily gave away as we were building everybody else's nation. That money's got to come back here.

We have to first think like a civilization that intends to write the next century, not reminisce about what it was like in the old days. I love the founders. I love our history, but I want to think about the future for our kids. And the world is being reshaped right now, whether you like it or not, it's going one way or another. Alliances are shifting. Supply chains are moving. Energy dominance is returning. Maritime enforcement is tightening. Nations are choosing sides right now. And so few people actually see this.

But I do. And I had blocked some of my vision because I think I was holding on to a true but not timely understanding. Tariffs are not a principle. They're tools. and if you allow the tool to control you and dictate all of your decisions, it's not a tool anymore. It's a chain. Tariffs are tools. And I'm all in for using the tools that will help rebuild America and empower you.

I'm 100% behind tariffs now as, listen carefully, as understood. and used strategically to restore American industrial strength. My concern on tariffs is the reason why this is all working is because Donald Trump has this huge vision. He is a businessman. He knows how international business works, and he's speaking the language of business. You get some clown in here again. They'll raise the taxes.

They'll raise the tariffs. they'll use them only as weapons. That's not what it is. These are not, they should never be permanent walls. They're used as leverage, as scaffolding, and as a tool that buys us time to rebuild our own house. We have tried global utopianism. We've tried managed decline.

We've tried pretending, you know, economics is divorced from power. That's all over. It's all over. All over. The era of managed decline is over. If you want the American century to continue, not in arrogance, but in stewardship, mainly to our own people first, then you have to do what previous generations did when the moment demanded it. You adapt. You correct.

You admit you're wrong. You look at things differently. You rebuild. and that all begins with saying I was wrong. Now let's go to work and fix it. So trying to think of the questions and looking at some of the questions that have come in, let me answer just a couple of things. If tariffs are leverage, what stops them from sliding into isolationism that hurts U.S. exporters and key allies?

somebody who understands this is a tool, not just a weapon. If you understand, you know, why wouldn't, why, why hasn't the world blown itself up? We have all the missiles. We could blow the world up like six times over. Why hasn't it? Because we understand that very dangerous weapon is first a tool. And if you treat it as a tool and not always as a tool, and not always as a weapon, weapon, you can hold the balance. But that requires, I'm very nervous about when Donald Trump leaves.

I am. I am. But we are in a place now where we absolutely have to rebuild our nation. And the world, honestly, the world is counting on us to do. Who else is doing it? Who else is rebuilding the West? Name another powerhouse that it's doing it. China's not. Russia's not. Europe's not. what country is leading the whole world that the world can follow and say, yeah, we're going to try something different. We're going to do an American experiment again. We're going to try actual freedom and we're going to rebuild the nation states because tariffs, I think, have just been a Trojan horse for globalism. The lack of tariffs. This free trade, which I believe in free trade, but it is.

It's utopian in many ways. It has to be free on all side. It's what we should all be shooting for. But we also have to recognize the world we're living in. There's nobody that's going to rebuild this world. And this is why next I have to talk to you about the start of the Save America Act. John Thune is going to be a problem. John Thune is a problem.

He is going to undo everything that good senators, are trying to do in the save, that Donald Trump is trying to do on the Save America Act. And he's doing it because, quite honestly, he's lazy. Either that or he's part of, he'll stand and clap, but he's part of the other side that was sitting on their hands the whole time two nights ago. Because there's no reason you don't, I mean, honestly, let's make sure everyone has ID to vote. It's 80, what is it, 81% or 85% across.

across the board in America. Okay? It's like 80% approval. That's when when somebody says, well, I don't know. That's when Donald Trump in the speech would have looked at them and said, what the hell is wrong with you? How can you not be for that? Did you just hear everybody else?

This is common sense. Everybody is saying this. What's wrong with you? I have to ask that of John Thune. What is wrong with you? What is it you think you know that we don't know? What's more important than making sure that we have a secure vote.

What is it? Explain yourself. Make the case. But the case they're making is, well, this changes the filibuster. No, the Democrats change the filibuster. This is going back to the original. Did you ever see Jimmy Stewart goes to what, you know, Mr. Smith goes to Washington with Jimmy Stewart? That's what, that's what they're talking about doing.

Make them stand up. Look at what happened when Donald Trump said, stand if you agree with this. Stand. What happened? America saw the Democrats in a completely different way. Why would we not use that exact theory right now? If you disagree with this, Democrats, then stand and explain it to people. Explain it. Take all the time you want. You need a month? Take a month. They won't last a month. They will not last a month. They won't last two weeks because people will see what happened at the state of the union. America will be forced to see, oh my gosh, what are they defending? We must win the election. And if we're wrong and we start betraying our values and everything else and we can't sell it to the American people, then we deserve not to win. All I want is a fair vote. All I want is for everyone's vote to count that should be counted. If you're here illegally, if you're dead, whatever it is, if you are living, breathing, you're an American citizen and you have proper ID, vote. I want you to vote. And if we lose, I'm fine with losing fairly.

But not this. John Thune, why are you sitting down on this? I can't believe you're sitting down on this. Why aren't you standing up for this? Why won't you force them to make the case? Why won't you take the biggest moment of the state of the union, something I've never seen before, the most effective tool I've ever seen? Stan, if you agree with this.

Why wouldn't you use that same kind of tactic on them with a standing filibuster? Why? Back in a minute. Real estate agents, I trust.com. Real estate agents I trust is my company. And I mean that sincerely. We named it this because I have to trust them.

If you're going to trust them, I have to trust them. If I trust them, they pass my test. I think they're probably going to pass yours. But I want you to trust them as well. I want you to interview them. But we have vetted these people six ways to Sunday. And we have agents all over the country now. We started with the 500 best according to the Wall Street Journal.

And we learned what makes you, what, What is it about you that allows you to have great years when the economy is down, when no one can sell their house, no one's buying houses? How come you can sell and buy houses? There's a reason for that. And that is why real estate agents I trust.com, the real estate agents there have had their best two years in a row in the last two years. What? How is that possible? Because they know what they're doing. They know how to buy and sell a house in this market. Can you imagine when the market gets good? The name says it all. Real estate agents, I trust.com. Let us help you find somebody buy or sell house. I don't charge you anything for it. Real estate agents, I trust.com. Big tech wants clicks.

We want connection. There's a big difference. Glenn Beck will be back after this. 60% of the vans on Amazon come to venders independent, like sack magic. Hello, here Camille of SACMagic. Our compresses chode-fraud are fabriced here even,

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At from here, we're grandi. Trouvee de little enterprises like our own on Amazon.ca. TORCH members get exclusive access to audio series, an insider show,

documentaries, and a rapidly growing like community. Join your friends at glenbeck.com slash torch. It is not going to fail. Ricky is in my ear saying, you know, it's the bravest, it's the bravest legislation ever, the Save Act, and that's why it's going to fail. It is not going to fail. It cannot fail. It cannot fail. Oh, gosh. Jason, let me bring you in. Jason does our behind the scenes, our insider show for Torch members.

and what are they saying about this last hour? How out of step am I? No, you're right there and they're right there with you. They're still trying to recover from... Really? Yeah, they're still trying to recover from the video that I just played of Thune and the dog parade within the halls of the Senate. What the hell? What? I didn't see that. You didn't see that? Hey, got to say it.

No, do we have that? Can we play that real quick? I can play that for mine if you want. Can you see this? I'm going to go up on the... No. Can't do it. No, I can't do it on this. Ah, so, yeah.

We've got two different networks. We actually have three networks running at the same time, and it's hard to bring them all together. So while they're talking about not having the time to get everybody on board, they're, you know, for the talking filibuster, they're doing a dog parade within the Senate office building. You've got to be absolutely kidding me. Parade. What the hell? What the hell are the dog parade?

Is that just to piss off Muslims? Is that what that is? Is that like, oh yeah, Elon? Here's the dog parade, huh? How do you like that? What the hell are we having a dog parade for? Get to work. Wow, we have talked about so much today.

We have touched on Bill Gates and Epstein. Oh, man, that is. There is, it's just going to be raining blood. in Seattle for a while, I think. This thing is going to turn into something big. I could be wrong, but I think that's going to turn into something big. Also, Cuba, what's happening in Cuba, that is just because the world is starting to see

that the world is destabilizing. And Cuba's up for grabs. I'm telling you Cuba will be free. By the time this president is out, Cuba will be free. We've talked about fraud with Medicaid. Pennsylvania going from $5 million in Medicaid. Four years later, it's $583 million in Medicaid. Why the big increase?

What happened there? What happened there? I'm telling you, the president said in the state of union, I think we can get rid of our deficit, not our debt, our deficit and balance the budget just by taking on fraud. And he's going to. He's going to. And that's why they cannot allow the Save America Act pass.

They can't allow it because they've got to get power back to stop this kind of investigation. I'm telling you, we are going to find that over the years, trillions have been stolen from the American people and American Treasury, which brings me back in 2009. I said, you watch. This era, at some point, we're going to look back and it'll all be exposed, and you will see that the biggest robbery in all of human history is happening on our treasury right now. Mark my words. Mark my words.

We are about to find if we can keep the Republicans in and the republic, no, and the administration, not the Congress, and the administration actually follows this trail of breadcrumbs. You're going to see a lot of jail time for a lot of people. and good because you want to fix our country, we've got to fix that. We have so much to talk about still. I want to talk a little bit about AI. Some disturbing things happened yesterday. We'll get to that in just a second.

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Are they supporting things that are against my values? Yeah, some big mobile carriers have been very, very clear about what they support, and it's not lining up with you if I know you at all. The good news is you don't have to sacrifice coverage or pay more to do something about it. Patriot Mobile offers reliable nationwide service on the same major networks, competitive pricing and customer support based right here in the U.S. But here's the difference. They support causes that defend faith, family, and freedom in the Constitution.

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Patriotmobile.com slash Beck, 972. Patriot. Oh, okay. Let me take Jim. He's on our Insider VIP line in Missouri. Hello, Jim. Welcome. Thanks.

It's a pleasure to actually be able to talk to you. I've followed you since 2007 and have been a huge fan. Thank you very much, Jim. And thank you for your support. Why did you join the insider? Why did you join the torch? Personally, because I wanted to get access and hear what your Georgia. AI was doing. I wanted to be able to have access to you and kind of help frame the help you build

what you're building. I just, thank you. I love you. Absolutely. So, thank you, Jim. Well, thank you, Jim. I appreciate it. Okay. So you didn't call to tell me that. It's, we're past Valentine's Day. What did you call for? No, so I, I'm calling because, um, some time ago, I, what got me into politics was actually interested in politics was comics and one of the things that economics has been personal to me yes economic sorry

okay all right um but I uh I I was studying the economics and someone who's personal to me is Reed Smoot and so I want to understand where why Reed Smoot Didway did

and uh because the narrative was always he caused the Great Depression. He made it bigger. And so I came across a book. It's called, I think, making sense of Smoot Hawley, it's by an author up in Quebec of all places. But he basically talks about how what Mead Smoot was going after was the technology of the time

and combating that, how the Industrial Revolution was coming online. It was displacing workers. And so his goal was to actually combat that underemployment, or I forget the exact term, I don't think it was under employment, but the, and that's why he was trying to do. Help displaced workers. Okay. Helping displaced workers.

Got it. Yep. Yep. And so that's what Snoot, Holly, was at least what meets smooth. He was after when he started. it. Now, there's a lot more I could go into on Read Smoot. You and I, I don't know, if you're aware of who he was relative to you, but it's an interesting thing. His papers are in Provo and reading. So I have looked in, I have looked into Smoot, Holly, and all of this. So what is your,

what is your tieback to today? Well, my tieback to today is that, so with AI and other things happening in the world, around the world, we are experiencing just exactly what you were saying in the previous hour, that we're experiencing a display because of technology. And so really, that's the important thing about looking now today is that we are experiencing new things that are, which are upsetting and displacing the market. And so tariffs are actually kind of a necessary thing. They're a necessary evil in social. ways, but in other ways, they're important to the American concepts, the American principle. I mean, the founders, like you said, that's how they intended to defend the government.

So, Jim, I appreciate your phone call. Thank you so much for being a member of a torch and helping us build this, but also for calling in. Really good comments. What Jim is saying here is really important, and I want to play something that Elon Musk just said on some podcast just a couple of days ago that is shocking shocking I want you to listen to this let me take you through it yeah well one like side recommendation I have is like don't worry about like squirreling money away for retirement in like 10 or 20 years or one matter no okay either either we're not

going to be here or it just like it's you you won't stop stop only only only Elon Musk can just say something like that and then just move on. Yeah, don't save for retirement. You know, it's not going to matter. Okay. Okay. Now listen to the rest. Go ahead. To save for retirement. If any of the things that we've said are true, saving for retirement will be irrelevant. The services will be there to support you. You'll have the home. You'll have the health care. You'll have the entertainment. The way this unfolds is fundamentally impossible to predict because of self-improvement of the AI and the accelerating timeline.

Yeah, it's called singularity for a reason. Yeah, exactly. I don't know what goes happen. What happens after the event arising either? Exactly. You can never see past the black hole or the event horizon, the light going. Ray has a singularity out way too far. I mean, this is like the next, what?

What's your timeline for this? We're in the singularity. Well, we are in the singularity, for sure. We're in the midst of it right now, for sure. And we just feel this beautiful sweet spot, which is, you know, The roller coasters, we were just... Yeah, exactly.

That's a great analogy. It's like that feeling of, you're at the top of the roller coaster and you're about to go. Yeah, but you know, it's going to be a lot of Gs when you hit it. It's like, people like,

I don't have just have court side seats. I'm on the court. Exactly. And it blows my, and still blows my mind, sometimes multiple times a week. Yeah. And so just when I think,

I'm like, wow. And then it's like, two days later, more wow. Yeah. exponential wow. Yeah, I think we'll hit AGI next year in 26th. You got that? I mean, you say, do you hear that?

I think we're going to hit AGI next year in 27. AGI is artificial general intelligence. That means the computer, the AI system, is smarter at everything than any human is. It is better at name the topic than the best human you can find. And it can do everything that a human can do better than a human. It's not super intelligence. It's just better than humans on everything. He thinks we're going to hit that.

Some people said we were not going to even. There was not a chance. 10 years ago, people said we never even get to there. We'll never get there. We'll never get there. He's saying we're going to hit it next year. I believe we are going to hit it. I think there's a chance we hit the,

the world is going to be different by 2028. It's just going to be different by 2028. And we have got to prepare for this. So our last caller was saying, you know, well, you know, smooth holly, you know, you can use tariffs to protect. There is a conversation that we have to have right now. We have to have because of artificial intelligence, automation, robotics, you know, entire categories of work. dissolving quickly, you know, not into generation, maybe not even in a decade, maybe in the next few years. Factory workers first. You know, I reached out to Elon Musk and said, for my museum, I want one of the first Tesla robots for the museum. I want to keep it in the box and keep it in the museum, the first mainstream robot. You know what he said? All of the robots for the first, I think he said two years.

have said one, all of the robots that Tesla will be making for the first two years will be for Tesla. Think of how many robots he's going to be making in a two-year period and all of them are going to be for Tesla. That is a workforce army, army. So, and that's coming quickly, really, really fast. So it'll go the factory worker, then the truck driver, then the coder, than the accountant, you know, the analyst who thought they was immune from everything because, you know, I work with ideas. The ground is shifting quickly. So what is it we should talk about? Well, the world is going to talk about universal basic income. And I am dead set against that. But that's the only thing anybody is talking about. I went back and I did my homework last

couple of days on Milton Freeman. Milton Freeman was kind of for UBI, but a different kind of UBI. And he may have the answer that is a bridge at least. And I want to talk to you about that here in second. First, let me tell you about American financing. NMLS. 182334 NMLS Consumer Access. APR for rates in the five starts at 6.799% for well-qualified borrowers. Call 800906 2440 for details about credit costs and terms. High interest debt. It's like trying to fill a bucket with a hole in the bottom. You know, you pour your money in every single month. You're disciplined. You're making payments. You're doing what you're supposed to do. And yet the level never ever rises because while you're adding water to the top, interest is draining it out from the bottom. Credit cards at 20 plus percent. You're never going to get ahead of that. Loans stacked on loans. payments that, you know, feel productive, but barely make a dent. After a while, it's just financially frustrating and it's exhausting. Please call American financing.

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at the end of the year. 89062440 Americanfinancing.net. 10 seconds station. Discover George AI and Glenn AI perspectives on modern events by joining the Torch community at Glenbeck.com slash Torch. So when the world is in a panic, that's not the time to discuss things. You discuss things before you're in a panic. You make decisions before there's an emergency. And now is that time. Because once there's an emergency, the loudest voice comes in and they have usually the

simplest answer. And everybody's like, yeah, yeah, go with that. And that answer is going to be universal basic income. That is the modern version of bread and circuses and make no mistakes. The communists, the social planners, the, the, Davos crowd. They're going to offer it all as, not as a temporary bridge, but as a permanent arrangement with you. A managed society, a population that is pacified, production, centralized, dependency, normalized. They're already talking about it. Read Yvall

No, Oval Harari. Read his work. He is one of the main thinkers on the last and with all of the elites. And he talks about, you know, there's just a useless class of people. We cannot look at it that way. And people are going to go for this, not because they, you know, love collectivism, but because nobody offered them another path. I have been talking about this and trying to get people to talk about this for a while. And there's a guy that we have to revisit.

And he's honestly a guy who surprised me that he's in this debate. and it's Milton Freeman. It at least surprised me that he's on the side that he's on. I mean, here's the free market economist. The man of being a defender, he's accused of being a defender of the coldest kind of capitalism where they just don't care about babies and children and food.

He's the godfather of deregulation. He actually supported a version of basic income, but not the kind that's being sold today. He calls it the negative income tax. Listen to what he actually proposed. His idea, the negative income tax, works like this. You eliminate the sprawling welfare state. Okay, really important to we do all of these things.

Eliminate the welfare state. That's food stamps, housing subsidies, overlapping programs, bureaucracy. Replace all of that with a simple income floor that everybody gets. If you earn below a certain threshold, the government will send you supplemental income. But as you earn more, the support will phase out very gradually. That way you're not being punished for working. And that last part is really critical because under the welfare system, if you earn a dollar,

you lose a dollar in benefits. And so the rational response is, well, why would I earn a dollar? Because I'm never going to make enough to really be happy. So why just, I'm just be, I'm going to live here, I live off the government. Friedman system preserves incentive. Okay. You always gain more. by working more because he knows that you just can't make people comfortable in the lack of work.

And the system that we have now is honestly designed to get people destitute and destroy productivity. This is the opposite. And I'm shocked that Milton Freeman is thinking this way, but he understood something. Freeman understood something fundamental. Markets require stability. Free societies require order. So when we're talking AI,

technological advancement is going to become so severe at some point that AI could create pockets of severe displacement. And with that, you'll either get violent populism, authoritarian redistribution of wealth, or a market-capable safety valve, and that's what his negative income tax was, a pressure release without central planning. This is absolutely critical to keep the choice decentralized. The individual, you still get to choose how you spend the money. The federal government doesn't

decide on which apartment you can rent, what food you can buy, which training program you have to attend, none of that. Shrinks, shrink down the state, as you create a floor for everybody. This is very different from modern UBI. That's tied to digital IDs, programmable currency, behavioral compliance. I mean, all of that is the New World Order and one world government. I mean, but it is coming.

If AI eliminates 15 to 25% of current job categories over the next decade, you're going to see sudden income collapse in certain sectors. Huge. geographic economic deserts. Most importantly, political radicalization. There is a piece, there's only two copies of this book that I have. One is in the National Archives because it was all handwritten and the charts are all made by hand. And it was made for President Roosevelt in World War II.

It was, I think it was the election of 1936 or 38. and it's called radicalism, revolution, or recovery. And they're making the case to FDR that I'm about to make to you in just a second. Radicalism, revolution, or recovery. That's what really enhanced the new deal. They chose incorrectly. Will we choose the right thing? More in a minute.

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time. So go to prepare with glen.com. Get yours now. Preparewithglen.com. Porch insiders are calling Glenn's interview with Dennis Praker profound, inspiring, and wow. Get this podcast before anyone else by joining today at glenbeck.com slash porch. Welcome to the program. I, you know, instead of explaining Milton Freeman's theory, Let me go back to 1968 and play Milton Freeman explaining his version of UBI, a negative income tax. Listen to this. The idea of the negative income tax is to treat people who are poor in the same way as we treat people who are rich. Both groups would have to file income tax returns and both groups would be treated in parallel way.

Under current law, if you or I file an income tax return and we have, let's say, I were a family of four, head of a family of four, to take a simple case. Which in fact you do. Well, I am, but as it happens, my children are growing up and they're not very good as, no good to me anymore as income tax deductions. That's one of the troubles with you kids growing up.

Your parents lose you as a deduction. And you don't tie their earnings? No, I'm afraid I don't tie their earnings and I'm afraid in the modern day that parents continue to contribute to the children instead of the other way around. But under, if I were still a family, head of a family of four, I would be entitled to an exemption of $3,000 without paying a tax.

That is, if I had an income of $3,000, I would have an exemption of $3,000, I would pay no tax. If I had an income of $4,000, I would have a positive taxable income of $1,000, I would be required to pay a tax on that $1,000. Suppose I have an income of $2,000. Then by the same arithmetic, I have a negative taxable income of $1,000, minus $1,000 is my taxable income. The idea of the negative income tax is to apply a tax rate to that minus a thousand and give a man a subsidy in proportion to it. For example, the highest rate, it seems to me, at all feasible to use, would be 50 percent, and it makes it simple for arithmetic.

Let's suppose a rate worth 50 percent. Then if I had an income of 2,000 with a family of I would be entitled to receive half of that thousand back. That is, I would get back $500 and end up with an income of $2,500 available to me. If I had zero income, if I had no income at all, then I would have a negative taxable income of minus $3,000. I would be entitled to receive half of that,

or $1,500. And in this way, this program would say, Nobody in the country, no family of four in the country, shall have a smaller amount than $1,500 available for it for its purposes of consumption. That would be the negative income tax. Now the point that I think it's urgent to stress to avoid misunderstanding is that while there's a guaranteed income, a minimum guarantee of $1,500, that income is not equal to the break-even point, the point at which you pay no taxes of $3,000.

The difference is essential because there are other proposals which have been made under the name of guaranteed income, which would say let's set a level like 3,000, then if a family has less than that, we'll make up the difference. Now the trouble with such gap-filling programs with a program which says, if you have less than 3,000 will make up the difference, is that you destroy the incentive of people to earn anything. Why should anybody go to work and earn anything? Now, under a 50% rate, you also weaken their incentive. incentive. And if you were starting from scratch, you might be adding to the problem, but you're not starting from scratch. Our present welfare programs, our present direct relief,

and aid-to-dependent children programs, in effect have 100% tax rate. Because if a family on relief, if let's say a woman, as currently is mostly the case under aid to dependent children, if a woman who is on relief takes a job and earns $100, and she's honest, she is required to have her relief payment reduced by $100. That's one of the ways in which we've been producing poor people. Yes, but it would be easy enough to modify that system without

invoking your revolutionary substitute. I'm going to stop here because you can get this. You can go on YouTube and see this. It's fascinating what he's talking about. Now remember, this is like 1968, so $3,000 then is like $30,000 today. So we're not talking

about, hey, the government's going to give you that. Back then, That was a really livable wage. You know, $3,000 was a livable wage. A car was like six or $800. You know, a house was $5,000. You know, you could live off of that. You know, you weren't doing fabulous,

but you could live off of that. The point of this is the structure of everything is going to matter. The incentives matter. I'm not coming to you with a solution. I'm coming to you with a way to start and look at Milton Freeman. I don't necessarily have a solution. I just know that UBI is going to turn into all kinds of really bad things because you will eventually be completely under control of whoever is giving you this UBI. And there's going to be a lot of people that need a universal basic income.

When I said to you a minute ago, I have a book. There's only two. One is in the either National Library of Congress or the or the National Archives. It was a book that there were 12 copies made, each of them hand done and hand-colored all these charts and everything, and it was about revolution,

radicalism, or recovery and re-election. I think it was radicalism and revolution or recovery and re-election. I think that's actually the title of it. And it made the case to FDR.

Look, you got to do something because people are so hungry, they don't have jobs, they're losing hope. You have to do something because there are radicals, Marxist, communist, that want to take over the United States of America. And they will win at the ballot box because they're going to promise something. So you got to do something. And the something he did was, you know, was enhancing the new deal, which was, you know, cause all kinds of problems, all kinds of problems. And the reason why we made those mistakes is because we didn't have the conversation before the trouble hit.

We didn't see the Great Depression coming. Most didn't. You can see AI. You can see what's coming. It's coming and it's coming fast. Why are we not having this as a national conversation is beyond me? But you have to start thinking. What is it that I believe in?

Because I guarantee you, the loudest voice will be UBI. And when you're in a panic, you'll be like, that one, I want that one. That is going to be a really, really bad mistake. Because everything is about to change. Joe, in Florida, thanks for calling in. Welcome. Hi, Glenn. It's both a honor in a privilege to speak with you.

But pardon me, if I stutter. you know, I'm not very good over the phone. That's all right. I would, I'd like to be the voice of all of the PC nerds out there in, in a kind of ties into what you were speaking about regarding AI and the impacts of capitalism in our economy. I don't know how much that you've noticed. of how rapidly the prices for PC parts, such as not only graphics cards, but RAM, and now SSDs have just tripled and even 5xed.

Well, I mean, one reason, correct me if I'm wrong, you would know, Joe, but correct me if I'm wrong, it's because these big companies are buying up all the graphic cards for the next five years in advance. They're buying everything. So it's almost impossible to get it, correct? Yes, sir. Yeah. Back in November, the latest Gen 5, Samsung 9100 Pro 4 terabyte hard drive.

I sound like such a total geek, but I'm sorry. Oh, Marriott. You're in Geek, Phil. So just marry it. Be the king of the geeks. Go ahead. But anyway, So for that, for the four terabyte drive, it was $379 back in November.

Now it's going for $850. And the, in the four terabyte Western Digital Black was $400. And I've seen it on Best Buy for $2,100, which is just absolutely crazy. Back in 2020, 2020 or 2023, when I built my DDR5 gaming PC, I bought 64 gigs of DDR5 RAM for a premium at $230. That same RAM. Go ahead. Go ahead. Finish that thought. Oh, yeah. So that exact same RAM is now going for $950 all because of these AI data centers. And what my main question was was that perhaps you have some insight as to what's the main goal of all these data centers.

why are so many companies just piling in all of this money based off of theoretical income that isn't even feasibly possible because just like you were saying, if we have 15% of the population out of work, who's going to buy anything? It would be absolutely catastrophic. And capitalism, as we know, would be absolutely almost over. And UBI, well, who's going to pay for it? So, Joe, what a great, what a great series of questions. Let me take a couple of them.

Let me start with the last. Who's going to pay for UBI? You know who's going to end up paying for UBI? Are all the people that own the data centers, all the people that are going to control the entire planet? why are they spending so much money on these data centers it's not feasible to make the money back they believe it will be because they will control everything they will be the point of making and distribution they will be they will be um whoever wins this game will be the one that is imagine right now we have i don't even know let's just say we have 350 million people here. And we have, you know, the vast majority is in the middle class to middle

lower class, some middle upper class, and you have a few up at the top, maybe five, 10 percent up at the top. What you're going to have is you're going to have five people, you know, or companies up at the very top, and they're going to have 90 percent of the wealth. They're the ones who are going to pay for UBI, okay, so we don't all, you know, come to their house and burn their houses and their factories down. That's why they have to have the United States government and the military with them as well, because they're going to need protection because people are going to be wildly pissed when they figure this out.

Okay. So that's who's going to have to pay for UBI are the ones who are making all the money, the taxes. Okay. But they will also with that, because they will be in bed with the federal government, they will have all kinds of control over your. life, what you can and cannot do. It's going to, we are entering a time period that no human being has even thought of,

let alone the average person. You know, there, there are a few people who are thinking this through deeply, but they don't even know how it's going to shape up. They don't know what, what's coming next. And some of these, the biggest experts believe that we were never going to get to the place we are today. So this is all out. It's all out there.

They're spending so much money on these data centers because they all know whoever wins, whoever is in charge. If I can't have compute power, you know, for George A.I. And for Glenn A.I. We are spending a buttload of money on tech right now, just a buttload of money. About ranges between two and two 50 a month that I'm paying. just for tech, $250,000 a month.

Ricky looked at me, $1,000. I'm like, no, $250. What am I complaining about? $250,000 just for development of tech. That's not the crunching of the numbers. That's not a data center, okay? Then I have to send that out to a data center to crunch it.

And to crunch what AI does is phenomenally expensive. they have to have all of these big data centers. And that's what the critical thing was that Donald Trump said. Do you know that in some regions, the average electricity bill has gone up, let me see if I have 267, according to Bloomberg, 267% since 2020 because of these data centers in some regions. Barron's says overall energy prices since 2020 have gone up 30%. Now, we blame some of that on coal. We blame that on oil and the decisions they made for the Green New Deal.

But a lot of that also is because of these data centers. That's why when Donald Trump said in the state of the union, I have just made it clear. They can build their own nuclear power plant, but they cannot take it from the grid. They can put in, but they cannot take out. That's going to save a lot of people from revolution quickly. We're out of time. I'll go into more of this. when we have time, we'll go back down into Geeksville.

First, let me tell you about our response to this half hour. It's the International Fellowship of Christians and Jews. The Jewish people have outlived empires. They've seen kingdoms rise and fall. Tyrants come and go. Borders redrawn regimes erased from history. Through all of it, they've just endured. People that have a story that stretches back thousands of years.

But survival in the past doesn't mean there are no threats in the present. anti-Semitism has not disappeared. I remember saying this and the ADL coming after me saying, how dare you say it's going to come back to 1939 levels? You're just causing, am I, am I, or was I pointing out a reality that it's right around the corner? And look at where we are right now. Please, if you want to stand against the inevitable things that have happened over and over and over again in the Jewish people's worlds, and you want to say, no, not this time.

We're not going down there. I don't have to agree with you on everything. I don't have to share your religion. I don't have to believe that you're, you know, fighting a just war, whatever. I'm just not going to let that happen again. Help.ifcj.org. Stand now while it's still pretty easy to stand. IFCJ.org.

IFCJ.org. Do it now. Welcome to aboard via Rai. Embarque and profite. Embarque and celebrate. Rigolet. Publié. Savour.

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