The Glenn Beck Program - RUN! 'FedNow' Is the Government's Slippery Slope to CBDC | Guests: Bernie Marcus & Justin Haskins | 3/21/23
Episode Date: March 21, 2023Glenn reviews a federal service that has flown under the radar called “FedNow,” which, when launched this year, will be the framework for a central bank digital currency. Glenn and Stu take Glenn�...��s preparedness quiz to gauge how they would handle an emergency. Justin Haskins, co-author of "The Great Reset" and its upcoming sequel, joins to discuss how a central bank digital dollar will be slowly implemented if Americans aren’t paying attention to their state legislatures. Glenn announces his newest book, a sequel to "The Great Reset," called “Dark Future,” as co-author Justin Haskins explains why the sequel is crucial. Home Depot co-founder and chairman of the Marcus Foundation Bernie Marcus joins to expose “woke” policies and how they destroy America. Learn more about your ad choices. Visit megaphone.fm/adchoices
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This is the Glenn Beck program.
What a coincidence.
And I'm Glenn Beck.
How did that happen?
Wow. Well, I'm so glad to be here, and I'm glad you're listening from behind my cardboard microphone.
I'm going to give you all of the information that you need today. We're going to start.
In fact, let me play it now. We've got cut seven. Here's Joe Biden yesterday. Vim and Vigar.
And making a great case on why he just signed a veto for the anti-ESG bill. Here it is.
I just signed this veto because the legislation passed by Congress would put at risk the retirement savings of individuals across the country.
They couldn't take into consideration of investments that would be impacted by climate impacted by overpaying executives.
And that's why I decided to veto it. It makes sense to veto it.
Okay. And it's not what that bill is saying.
But I, you know.
They think you're stupid.
And I go to Kamala Aris for evidence.
And a conspiracy theory that seems to be coming true.
Fed now.
What's that?
Oh, I can't wait to tell you.
We begin in 60 seconds.
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Well, hello, Stu.
Glenn Beck, how are you?
Oh, my gosh.
Oh, my gosh.
You know, they're putting up barricades now around the,
Manhattan Criminal Court.
Let's put this, can we show them?
There it is.
They're coming out of the truck right there.
The barricades.
Those barricades would stop anything.
They're pretty short and bike racks, basically.
Right.
Yeah.
But they'd stop anything.
Yeah.
And they've got to stop that teeming crowd of Americans that are so fed up with the federal
government that they're just going to go.
All of those New Yorkers that.
Just love Donald Trump.
They're going to be down there.
As we've learned previously, major city centers are big, big hotspots for Trump country.
That came directly from Jesse Smolett.
That's right.
He told us that.
Yeah, it's Trump country.
That's what they do.
They run around and they say this is Trump country.
So they're not sure when they're going to arraign him or if they're going to arraign him, but they're just getting ready.
They're just getting ready.
I mean, it does seem like they are preparing.
for it.
Again, they have not announced they're going to do this.
But it certainly does seem like they're preparing for it in New York.
It's almost like a circus take our mind elsewhere.
So let's talk about how stupid this administration thinks you are.
Here's our vice president talking to a black college team after the March Madness loss last Thursday.
Here she is. Listen to this.
You guys are so good.
You guys.
You played hard.
You played to the very last second.
You made all us spices so, so.
Every time we did.
You have hustled out there.
You are smart.
Yeah.
You are disciplined.
You put everything you had to the game.
And you know, that's what it's about, right?
Until the last minute.
You guys did that.
We did.
The last second you did not stop.
Okay.
And that is so inspiring.
Oh, thank you.
So you keep playing with chin up and shoulders back.
Oh, shut up.
Shut up.
This is how stupid they think people are.
She's talking to them like they're four years old.
And like they won.
Right, right.
Which they did not.
Oh, you played your heart out.
You were, shut up.
You're so smart.
Shut.
And up.
You played.
to the last minute. Was there a choice? What other
possibility is there than playing for the last minute? That's what
all teams do in every game. Let me ask you this. So this
is again, little little circus, little
side show that you can watch. Meanwhile, there is someone
talking to students like an adult
and talking to them about the
the banking process and what's really going on. Listen to this teacher talking to his students. Listen to this.
So I put 10,000 into the bank. They take my 10,000 and they go get 100,000. They borrow it from the Fed window.
They get 10 times the amount of our deposits that we put into the bank. They then get 10 times the amount.
They then take that 10 times the amount and they put it into treasury bonds or something else that's going to give them a yield of 7% or 6%.
while they pay us what
0.000-0-0-0-0-0-0-0-0-0-0-0%
right
and then what happens
we get hip to it and say hey
Mr. Silicon Valley Bank can I have my money back
oh we don't have it right now
I want my money back I don't have it everybody
I want my money back give us our money back
hold on we got to go sell the treasury bonds that we invested in
that now are upside down
because the rates are through the roof
and I don't have your money
so what has to happen to their Ponzi scheme
that I would have went to jail if I did that,
they get bailed out.
Mr. Biden comes up and says,
oh, I'm going to print more money.
I wonder why he's going to print more money.
To devalue your dollar even more,
because guess what they're doing next to you?
They're going to centralize banking.
They're going to own crypto.
They're going to regulate everything to be digital.
Okay.
All right.
So this is the first step to doing it.
Oh, my gosh.
Stop.
I can't.
That's a conspiracy.
theory. That is how irresponsible that teacher. Boy, I'll tell you something right now,
peddling these lies. I found something yesterday interesting. It's called Fed Now. Here's how it works,
cut one. Today, people and businesses expect to make and receive payments at the click of a button
any time of the day, every day of the year. And most expect their financial institutions to offer
or support payment services that meet the speed and convenience they seek.
In fact, three and four businesses and two-thirds of consumers surveyed
think it's important that their bank or credit union offer faster payments.
Financial institutions interested in meeting these demands
can use the Federal Reserve's upcoming FedNow service
to build innovative payment offerings that can help them retain and attract customers
and avoid losing out to the competition.
With the FedNow Service,
launching in 2023.
The time to start preparing is now.
Right.
What can financial institutions do to get ready?
A bank or credit union should first get a sense of the demands and trends in the market.
Let's take a look at how one financial institution might do this.
Meet Jill, the CEO of Community Bank.
Jill keeps a close eye on Community Bank's customer retention rates.
She was surprised to see new research showing that nearly two-thirds of businesses and
and one-third of consumers indicated they would factor access to faster payments into future
decisions on whether to switch financial institutions.
Dumb polls are they taking.
Jill and her team looked at their own customer transactions and discovered an increasing
number of customers moving funds to alternative payment services, such as digital wallets
and mobile payment apps.
This corresponded with a noticeable decline in customers' deposits and accounts at Community Bank.
They knew they had to take action.
Jill and team reviewed FedNow education tools and resources to understand how the service will work and how to prepare for it.
They also learned about instant payment use cases, including account-to-account transfers, bill pay, and person-to-person transactions.
Stop, just a second.
So these, the Fed Now, the Fed Now system is taking applicants beginning next month and their long.
launching this July for your independence, for your freedom, for your security, for your benefit.
And so now you can go to one of these banks. You might meet Jill. Did I introduce you to Jill from
Community Bank? Jill's done a survey and she found people want, you know, access to their money
quickly. Two-thirds of consumers believe their money should be available.
available at the bank when they go.
Good poll.
Okay, so what is Jill doing?
Jill's going to the Fed and saying, can we have your non-block chain system and have it?
So we can give everybody a credit card or a bank card and it won't say Fed Now on it, but it'll be the engine of Fed now, where they just swipe their card and,
instantaneously, they can buy something.
Yeah.
What?
What kind of futuristic world is this?
It's a crazy futuristic world.
Flying cars.
What's next?
But it will be faster.
Because see, right now, like, if you go to a bank and you need to transfer funds,
you got to go to the bank and say, hey, I need to transfer these from one account to another.
And then they're like, oh, okay.
account number and they write it down.
Okay, and you want to transfer
to where? Okay. All right, sign this.
Okay, then they do this really old
archaic thing. They go,
uh, okay, done.
Hello, it's the year
2023. We can't wait that long.
No, we need something faster
and we want it to go through the Fed
every time we make a purchase of something.
What could possibly go wrong with this system?
Well, they want you to know this is an alternative for a Fed coin.
Yeah.
Yeah, they're not.
They're saying, we want you to know clearly this is not to introduce central bank digital currency, a CBDC.
No, no.
This is an alternative to that.
Hmm
Why do you
Hmm
Why do you
It doesn't sound like much of an alternative
It sounds like the same thing
Well no
Because you'll have
You'll have a bank card
Instead
It'll be your local bank
Doing it
It looks like one thing
But it is another
And also
Jill
Is a man
That's how the video ends
We didn't get to that part
But that's how it ends
You find out
The Jill
The CEO of Community Bank
Wow
He's a dude
So did anybody hear about the quote, much anticipated and heralded new Fed Now system?
Have you been waiting?
Because I didn't even know about it.
No.
In fact, I thought all of this was a conspiracy.
The video was from 2021.
Yeah.
It's almost like there was something behind this the whole time.
Really?
Yeah.
Yeah.
Isn't it weird that it's like, hey.
everybody we're going to do this uh in april and banks if you're having a liquidity problem
your answer is just over the horizon with fed now wow what a coincidence but remember this is nothing
to do with a fed coin because that would track every dime that you spend that you spend
Oh, and some other things that you should probably be aware of.
I'll tell you about that in 60 seconds.
How do people have faith in socialism?
It's failed over and over and over again.
You know why?
You know why it's failed?
Wrong people.
No, it's not that it's a horrible idea and goes against human nature itself.
So it always ends in bloodshed.
No, it always ends in bloodshed because they didn't do it.
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Ten seconds station ID.
Okay.
Next hour we're going to get into this and show you exactly what needs to be done and what is really happening.
but we've been telling you about the uniform commercial code.
I know kids are running away.
Wait, Dad, is he talking about the UCC again?
Turn it up.
I know.
It's so exciting.
But the uniform commercial code is the UCC is something that we use to just make everything compliant with each other,
easy to do business with each other.
It's been around forever and they change it from time to time.
but they've just made a major change regarding CBDC.
It is changing the definition of money to include the Fed coin, which definitely is not happening.
It's just Fed now, which is an alternative.
Anyway, it's really important that you stop this dead in its tracks.
However, we have been talking to some attorneys and everything else,
And there's more to this than met the eye.
When you put money into a bank, you are taking real physical cash that you possess or can possess.
And you're giving that over to the bank as a deposit.
When you do that, you give the bank control of that money.
So as soon as you give the money to the bank, you're really no longer the owner of that money.
The bank has that money.
You become a liability, somebody they have to pay back.
That's the way the law is written.
The bank owns the money.
And you're still entitled to get the money back, of course.
And to use the deposit account to cover expenses.
But you're no longer the owner of the money.
This is why the bank has the right to lend the money to somebody else without checking
with you first.
If you want to take the money out of the bank account, you take ownership.
again. You're like, I don't like you, Mr. Banker. I'm going to go see Jill at community.
Was it Jill? The guy at community. Jill, Jill, a community bank. Community Bank. You take your
deposit out. You take it in cash. You walk away and you go over see Jill. Hey, Jill. Oh, formerly Jim.
You want to open up an account with us? Okay, here's the problem with Central Bank,
digital currency.
There is no physical cash.
There's even with Bitcoin, you can take it on a thumb drive and you stick it in your pocket.
Or you can move it from, you know, one off ramp to another.
Just memorize your seed phrase.
That's all you.
Yeah, you're going to do a bunch of different things.
Okay.
So, but it's yours.
But CBDC is electronic and it's only in Fed now.
it's only in the Federal Reserve system.
So let's see.
Is that a Fed now in your pocket, Jill?
Are you just happy to see me?
Theoretically, a digital currency could be designed
so you could download it on a hard drive,
stored on a private digital wallet or something,
but that's what Fed now is getting rid of.
So there's no chance that CBDC is going to be designed this way.
Now, that means your deposits, once you deposit them in the bank with the Fed, that makes the deposits not money.
Therefore, you don't own it.
The institution controlling the platform, either the private banks or the feds, would own it.
You would own no money.
It would be the people who control the platforms.
Oh, you mean like, you'll own nothing?
you'll have no privacy and you'll love it?
Well, yes, two of those three things are true.
The Glenn Beck Program.
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welcome to the glenbeck program we're glad you're here so yesterday i uh i tweeted and put something i think on
instagram a video of my my wife uh and i went shopping at costco yesterday and so i just uh
i just tweeted uh i'm not saying you should go to costco but i'm not not saying it either
just assuming like a dummy that people would understand that I'm concerned about the banking system.
And, you know, just a good idea to stock up on aspirin and children's Tylenol and allergy medicine and things that, you know, you're going to need.
If there's a breakdown of the supply chain, you don't want to be without medicine and toothpaste and things like that.
Sure.
So that's what I did yesterday.
And then immediately it caught fire with Glenn Beck is suggesting that there will be so much unrest due to Trump being indicted that people should stock up on essentials.
You suggested that?
That's what I suggested apparently.
So that was what I was really worried about.
It had nothing to do with the banks.
Nope, uh-uh, had nothing to do with that.
I feel like that was in the news.
People may have heard of it.
Yeah, I know.
It might have been something that I've been known to talk about being prepared.
And speaking of that, I have the results of this audience, and I think it's going to shock you.
This audience, we took a poll of 10,000 audience members.
How prepared are you?
Now, we took this last week, Stu, you didn't get a chance to participate, darn it.
So for mainly entertainment purposes, I thought we would have you take the poll.
How much food do you have saved with a long shelf life?
I only order takeout, maybe till the end of a work week.
At least two weeks worth of food.
My food stockpile can last several months.
That's three.
I'm good for at least a year.
I mean, definitely at least two weeks.
I would say, the question is, can I get to several months?
Can you get several months?
Three.
I think I can get to, I'll go with that one.
I think I could get to that.
I do have a, I had a placed an order a couple of years.
years ago my Patriot Supply. Got some stuff. For what? Like your 48 hour kit for my
Patriot supply? No, it was like a big, a couple of big boxes. It's got lots of packets in there.
Do you even know where they are? Yeah. Oh boy. They're, yes, I loosely, they're in what,
I know kind of where they are. Okay. How much? I could find them in a pinch. How much bottled water
do you have stored in case of an emergency? Tap water doesn't count. None. I'd be dead within three
days. I have a large pack of plastic water bottles from my kids soccer games that could last a
couple of days. Definitely at least this high. I have a few Costco size water bottle packs that could
last a week or two. My water stockpile could last several months. I'm good for at least a year.
There's a big gap between a couple weeks and several months. I feel like I'm falling in that window
quite a bit because I do have a few of those big water cooler jugs. Yeah. You know, I actually. I
We had a water cooler for a while.
We don't have it anymore.
But I kept a bunch of the extra bottles just in case because I was thinking about you.
You're always talking about how we need things.
So when, let's say, power goes out.
Yeah.
You'll be able to not fill those right away.
No, they're filled.
Oh, they're filled.
They're sealed.
Good for you.
When they were first delivered.
Good for you.
Now, you probably have a better water supply than I have.
Really?
Yeah.
I knew it.
Yeah.
I knew it.
I'm the one who's prepared around here.
Well, I, anyway.
How many of the following basic supplies do you?
you have? A flashlight with extra batteries.
I probably, yeah,
almost like a battery central man.
Yeah, my wife has like batteries.
Battery powered solar powered radio.
Solar powered radio or battery powered
radio. I might have that.
Cell phones and chargers.
Cell phones and charges. Yes, I've got
cell phones and chargers. And matches.
Hey, we have a few lighters.
Yeah. Does that count?
well I guess doesn't say lighters but but yeah I mean I think I was pretty good on that one
okay yeah okay yeah I mean this is I'm basically a prepper is what we're learning
how secure is your home or your shelter not prepared at all I have a fireplace
and firewood okay yeah I do have a fireplace yeah but it's gas isn't it I do have a
out out we have like one of those little outdoor fire pits
Does that count?
I got it's got a propane tank.
No.
No, it really doesn't.
No.
All right.
We can slide that right into the house.
What could go wrong?
Yeah.
I have an alternate source of heat to cook food like a charcoal grill or camping stove.
That's, there you are.
I have a gas grill.
In addition to a heat source, I have a backup generator in case of power outages.
I have a very, I have a little backup generator.
Okay.
We used it because we lost power.
Right.
And I was able to power the refrigerator for like.
eight straight hours. There you go. We didn't lose our food. Yeah. I have an entire bunker that's
ready to go if power goes out. I do not have that. You do not have that. Well, I have that. That's
Glenn's house. Yeah. We think of Glenn's house as our bunker. If I wouldn't have lost them in that
that. That's why I'm happy you lost them in the fishing accident because now I can come over and
you probably won't shoot at me at least early. How strong is your emergency fund? This one is
really very important because if the banks go down, which do not panic,
all you have to do is prepare.
If you have enough money for a few days of what it would cost to, you know, get gas and food or whatever,
you should have that in cash.
It would be great to have, you know, your monthly bills in cash for a month.
Okay.
But you should have some cash just in case there's a banking holiday.
I love that.
I mean, I'm not paying bills.
What are they going to do?
I just tell them the banks collapse. Sorry, I can't make those payments.
Okay. How strong is your emergency fund? I don't have an emergency fund.
My emergency fund can cover one to two months of expenses. This is not cash on hand. This is what you would have in the bank.
Okay. Three to five months of expenses. Six to eight months of expenses. A year's worth of expenses.
I mean, I could go easily into multiple years. So I got it all stored over at FTCX. I don't remember. I haven't checked in a while.
How much do you have invested in silver, gold, or other precious metals?
None.
I bought half a gram of silver just for kicks.
Precious metals are a small part of what I have.
Precious metals medium or precious metals large part.
Ooh.
You know, I mean, that's just, I mean.
This is entertainment purposes only.
My social security number is that the next question on this?
How many of these barter skills do you know?
Oh, gosh.
I was bad on this.
one. Carpentry, sewing,
auto repair, medical expertise, or zero.
When do you get to talk on radio?
Do you get that?
Zero.
Okay.
Yeah, that's zero.
I had to punch zero on that way.
Yeah, definitely zero.
How much emergency fuel do you have stored for your car?
None.
I have an extra gallon of gas in the garage.
I have enough extra gas for last a month.
Gas stored for last six months?
What are you supposed to do with extra gas?
You put it in, you put it in, you put it.
it in, you know, plastic containers, the big red plastic containers, okay?
And then what?
And then you, you fill them up.
Uh-huh.
And then over about a two-month period, you cycle through that gas.
So if you need gas instead of-
I read horror stories about the, because I had the, because we lost power, I had to go
get gas at the, you know, for the generator.
Right.
And I, I did that.
And then I had left, once the power came back on, I had leftover gas.
Right.
And then I was like, well, what am I supposed to do with this gas?
And then I went online.
I made the mistake of searching for what I should do.
And it was like, your house will burn down if you keep this gas anywhere within 500 feet of your home.
Stop.
That's basically what they said.
So then I just started running my car in the driveway, burning gas and filling it back up.
That's legitimately what I did.
Is that really what you did?
I just ran my gas in the driveway for like eight straight hours and just kept filling it up until I burned all the gas in the atmosphere.
If you have a shed or something like that, just keep it in the shed.
Then the shed burns down.
That's what the online said.
Then there'll be an explosion.
How well do you know how to use a paper map?
I'm good at that.
Hopeless without an iPhone could possibly navigate to the other side of the neighborhood.
Navigate around a new city.
Can handle long haul roadmap trips with a paper map.
I'm bare grills.
Drop me in the middle of Mongolian desert with a map and a compass.
And I can find my way back to civilization.
I mean, I probably am not to that.
level, but I can read a paper map.
I will say this is the same thing that's going to happen with AI.
I was thinking of you the other day when I was thinking of this because what happened
from maps to GPS is about what's about to happen with our like writing skills.
Everything.
Everything.
Everything. You're not going to do any of it anymore.
You're just going to look.
You're going to click AI.
You're going to click chat GPT.
It's going to write something up.
You're going to glance at it.
You'll go, I need report for school.
Yes, we got it.
Idiocracy is going to happen.
It's going to happen.
It's going to happen.
All right.
Did you actually take it and click on it or not?
I thought you were doing it.
No, I was doing it for me.
I'm mad max, by the way.
100%.
You have to be.
No skills.
No skills.
Anyway.
I'm quickly going through it.
You go through it.
10,000 people took the quiz in this audience.
Where do you think most of this audience is?
I mean, I would think you'd think this audience super well prepared, right?
So 1.7 are toast.
Okay.
You won't survive if your kitchen table breaks.
Okay.
It's like, I don't know what to do.
I had to eat the children.
So it's 1.7 that took it not prepared at all.
13% could survive a mild disaster.
They've tucked, you know, some finances away for emergencies.
they have useful tools or skills, you know, and a little bit of food.
Most of this audience could survive a big disaster.
In fact, 69.8% of this audience.
Congratulations.
You have some investment in precious metals, an emergency fund, some food and supplies
stockpiled, maybe an extra generator.
Even though you may not be a prepper, you've taken steps to prepare for hard times,
which will protect you and your loved ones for weeks, even months.
That's 70% of this audience.
And then there's this Mad Max category of 15%, 14.7%.
15% of this audience is Mad Max.
You're one of the few people who could actually survive a nuclear apocalypse.
There's few.
I bet you in the general population, I can't even imagine what.
1% less than 1%.
Your bunker is stocked with food, water, supplies to last you months.
Silver, gold, emergency fund will help you cruise in times of financial distress.
You can secure more goods because you have learned a bunch of barter skills.
You are mad max.
It's great.
Now, if you haven't taken this test, you could just take it for yourself now.
But we have the ultimate preparation guide, which is filled with really easy.
do this, do you have this, just a checklist.
And you can go as far as you want on the list,
but it is a really easy guide to be prepared for whatever may come your way.
Go to glenbeck.com now and see how prepared you actually are.
And then prepare.
If you want that list, you can find it at glenbeck.com.
I think it's no longer on the front page.
So I think you have to go down at glenbeck.com and click on what is it,
extra stories or something like that.
If you just go to the front page, let me see what it says.
Load more content.
Load more content.
It's right before my big fat face with the radio and TV on it.
Load more content.
Hit that and you'll find it on that second page.
All right.
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Glenn Beck. Welcome to the
Glenn Beck program. The White House
has sounded the alarm on the Freedom Caucus
budget plan. You know, they want to cut
spending. And
Joe Biden said it's irresponsible.
He's got to spend $7 trillion
in the next year. There's nothing
left in the cupboard. Yeah, there's nothing left.
So he needs $6.8 trillion
dollars or we're going to default and the freedom caucus says now I don't I don't think so but
who will win so we need to spend more money to avoid default when you I feel like the opposite
money to make money stew you got to spend money to make money imagine how much money we're
going to make if we spend if we spend $6.8 trillion dollars I mean it'll be less than $6.8 trillion
$1 million knowing this government.
And I'm not expecting that the president is, they are seriously considering
photographing him mugshot and fingerprint if he's indicted and bring him in.
And Trump has said, the whole point.
Yeah, Trump said he'd turn himself in.
Trump has also said you could do it virtually, you know, and that can be done.
But nope, not good enough.
need a perp walk. This is the whole reason they're doing this, right? And I think they're doing it
intentionally just to drive you out of your mind. You know, it's not, it's, it's, it's, uh, is it, is it really a
coincidence that this is happening when we're this close with Joe Biden and all of his stuff in,
with Hunter Biden? Really? Because once he does this, then they'll just say, they're only doing
that because of what we did to, to Donald Trump. That's, that.
That's what they're going to say.
Is it also a coincidence that we're on the eve of war and financial collapse and this is going on?
No.
You should hear that every time, every time.
There's no reason to get upset by this.
They've been doing this to Donald Trump since the day he walked down the elevator.
So what are we going to do about it?
We're going to elect people who have a spine
and we're going to keep the heat on the feet of the GOP
and tell them, stop this nonsense.
Stop it now.
Where's your spine?
Stand up to the Justice Department.
Let me tell you about Rough Greens.
Whoever said taking care of dogs is easy.
It's not.
You have to, for a really good job.
You know, my kids think I'm taking them out, you know, once a day.
Okay, that's not really a good job.
That's not even the basic job.
Giving your dog the best food and watching his health is really important.
Kibble food has all the, you know, good stuff cooked out of it.
This is where naturopathic Dr. Dennis Black came in.
set out to solve the problem and come up with a basic supplement that you can sprinkle on
anything your dog is eating and turn it into a really healthy meal. It's called Rough Greens. Go to
Roughgreens.com slash back. Are you FFF Greens.com slash back? Or you can call 833 Glenn 33. 833 Glenn 33.
It's roughgreens.com slash back. All right. National radio program begins again. Our number two in
just as few seconds.
And by, my news.
What you're about to hear,
the entertainment and enlightenment.
This is the Glenn Beck program.
Well, hello, America.
I want to give you some really important information
that you probably don't know about
with our banking system and the fun of central bank digital currency.
But I want to start here again.
This is cut one.
Biden yesterday as he signed a veto on the woke ESG investing.
I just signed this veto because the legislation passed by Congress would put at risk
retirement savings of individuals across the country. They couldn't take into consideration
investments that wouldn't be impacted by climate impacted by overpaying executives.
That's right.
I just had the veto because I have been.
powerful friends that are going to take over the world.
You get into that here in just a second.
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All right. Justin Haskins is with us. Justin is the social, he's with the Socialism Research Center at the Heartland Institute, where he is the director. He has been working tirelessly on stopping socialism. He is also, he was one of our main contributors to our arguing with socialist book. He is also my co-author of the book, The Great Reset,
and our fourth coming book,
we're all going to die.
I'm not sure exactly what we.
What did we name it, Justin?
That was my working title for quite some time.
Are we telling people?
Is this the first time?
I don't know.
Can we?
Is it, you know what?
Check somebody.
Hang on.
Check Amazon.
See if it's up for sale.
If it's up for sale, we'll announce it.
It's supposed to be in the next few days.
The name of the book.
No, no, no, don't say.
Don't say.
Oh, okay.
Don't say.
Okay.
So, Justin, you wrote to me something kind of disturbing.
Last hour, I played these happy little commercials from the Federal Reserve about the Fed now.
It's a new service for all of the banks, which will make the transfer of funds, you know,
whether you're out shopping or you're a business owner or you're doing bank-to-bank transactions,
you just run everything through the Federal Reserve and it'll happen fast.
Yeah, isn't that exciting?
It's very exciting.
Now, they're claiming that this is the alternative to a CBDC, which is a central bank digital currency,
doesn't really sound so much like an alternative as much as a, I don't know, system to run that on.
Yeah, I'd be, Jason Betrell,
your head researcher because he and I are now best friends,
and we exchange emails all the time.
He's my best.
He came up with this great analogy.
This is like the drug dealer who's new on the block,
and he's not just going to start injecting people with heroin.
That's not how you sell lots of drugs.
That's not how you do it.
First, you get them hooked.
You just give them a little taste.
And then after they get a little taste, now they're hooked.
Then you can start really pushing the hard stuff.
That's what this is all about.
Okay, the Federal Reserve is basic,
and this is the start of it.
Normally, regular folks, like you and me and people in the audience, we don't interact with the Fed.
We're not used to that.
We don't like the Fed.
We don't trust them very much.
And so what they want to do is say, it'd be great.
Just have a little taste.
This is a stepping stone to a CBDC.
This is our first interaction to using the Fed directly so that we can become more comfortable with it.
So it's normalized.
And then after this, you're going to get a central bank digital currency.
We already know this because there's a billion government reports.
talking about how they're going to design it, what it's going to look like, why people should
use it, what the principles should be behind it, all of that kind of stuff. So we know a CBDC is
coming. This is just the first step in that process to try to normalize people interacting directly
with the Fed high tech instant transfer payment portal. So we've been talking about the uniform
commercial code, which is complicated and it's usually nothing anyone should ever have to
about. However, they have included central bank digital currency as the new definition of money.
But money makes us think of money that you can take from the bank, that you own it, you get paid,
you get to do what you want with it. But central bank digital currency is not really money,
correct?
right now, and it's going to happen in all 50 states eventually,
as lawmakers are looking at updating the uniform commercial code
so that, and not just any kind of central bank digital currency,
but a central bank digital currency that is programmable, trackable,
that you won't have any privacy with the things that you're doing with the CBDC,
that it can be controlled and manipulated.
This kind of thing is actually being written into the code.
They don't use the word central bank digital currency,
but they outline it in such a way so that that has to be what they're talking about.
So it's not creating the CBDC.
That's not what this is aiming to make it easier to use it in certain kinds of commercial transactions.
So people know, and this is what you really have to understand, this is not like Bitcoin.
Bitcoin is such a danger because you get to do with it what you want to do with it,
and the Federal Reserve is not aware of anything and can't do anything.
thing. You have the ultimate power with your money. The opposite is true with the Fed coin that they
will be introducing. And this is what makes it so dangerous, not just the tracking. They not will
not just know absolutely everything that you spend. But Justin just said a key word that most people
don't really understand. It's programmable. Meaning it is programmable for the individual.
So in other words, if the government decides that they're going to, you know, we need to get, we need to cut down on fat, fat fatties.
Then my digital coin will not allow me to buy fatty foods.
I wouldn't be able to go to McDonald's.
I'm using this as an example.
There is not, you know, anything in the works to do this, except this is what programmable means.
They can program it.
So if they say, you know what?
nobody's going to work.
You're not an essential employee.
Your coin will not buy gas.
So you can go to try to fill up, but when you put your digital card in from the Fed,
it will say denied.
And you won't have any way other than that card to be able to buy what you need.
It is absolute control of your life.
Yes, that has been made by the...
It's said.
As part of its reports,
studying CBDCs and the benefits of it and how it would be designed if it were going to make a CBDC,
even though they haven't committed flat out, that a CBDC needs to account for climate change.
It needs to have financial inclusion built into it.
It needs to have equity built into it.
It turns about pollution built into it.
I'll know what that means, non-profit groups and labor organizations and others.
Community activists.
So why are they doing all of that?
because it's going to be programmed so that you can use it in certain ways,
so that it can be prohibited in other ways, and it can change on a dime.
See, that's the other important thing.
It's not when it's programmable.
They can change the rules whenever they want.
It's not as though they set the rules at the beginning, and that's the rules forever.
They can change the rules as they go.
That's the threat of a programmable currency.
So it is a huge threat to liberty.
And all they will concentrate on is the one fact, and mark my words,
this way it's going to happen.
We're going to have a banking collapse.
Because there's a banking collapse, that will cause the dollar to skyrocket in inflation, possibly hyperinflation,
because you won't be able to have a supply chain anymore.
So many people will be unemployed.
There's so much money awash that if you want to buy something, well, you got $100, yeah, I'll buy that for $100.
and it might be something that was worth $4 before the collapse.
And people will pay it.
Hyperinflation will go crazy.
The Fed will say, look, we got to stop this.
Inflation is too much.
We're going to give you a digital currency.
It's already in a bank with your name.
All you have to do is sign in and it will give you the money and that's what's going to
control inflation.
How do we know this?
Because we wrote about it in arguing.
I believe it was in arguing with socialists, a chapter that we almost didn't put in on modern monetary theory.
And modern monetary theory is what we're operating on.
We can spend as much money as you want.
Don't worry about inflation if they have digital control of everyone's spending.
The socialists and the Great Reset.
That's the goal now.
Many of them are red states, Missouri, Montana, Arkansas, et cetera,
Why are they all doing whatever they possibly can on the UCC code updating it to make it at least a little bit easier for a CBDC to be utilized in the future?
When a CBDC doesn't even exist yet, why would they be doing that?
That is a really, really important question.
But it's much worse than everything that we've said so far.
And that's that having worked with these lawmakers across the country, we've started to discover things in the UCC.
in the commercial code that are incredibly, incredibly disturbing, things that most of us just
didn't realize were true.
And if CBDCs happen, we're in for a world of hurt that we reach right now under the
current code.
And you go to the bank and you put money in the bank.
That money is no longer your money.
Correct.
That money actually now is owned by the bank.
You don't hold that.
This is why you and this changed, this part of this changed in 2008, you are the
lender of last resort, right? You are the last person in line to get money if you have deposited into
the bank. Because the bank, when you give them that money and deposit it, they are then taking that
money. They don't have to ask for permission to loan it out. They take that money as theirs and they
loan it out. So what happens to your money? Well, you don't have money. What you have is,
is a number in the bank that the bank can now give back to you,
or if they go belly up, well, then you lose your money,
because it wasn't yours anyway, correct?
Yes, it's by the bank now.
Now, you can go to the bank and say,
I want my money back,
and then they hand you the money back in cash,
and you can walk out the door,
and that money is yours.
You own that money.
But here's the thing about a central bank digital currency.
Social code deals with that.
When you can't put central bank digital,
and walk out the door. Can you? It has to be somewhere. It can't be in your actual possession.
And because of that... If Bitcoin, you can put on a thumb drive and so you can walk away with it.
Yes. But digital currency, Central Bank, no. So that you can put it in that. But even if, but even if they
did, the uniform, and that's why they're updating the uniform commercial code the way they are,
they're putting rules into place so that you could use a CBDC, even if it is possible.
to download it onto a hard drive or something like that.
But the lawyers behind the uniform commercial code
acknowledge in their various meetings and comments and other things
that it is highly unlikely to be designed in that way.
It's not, you're going to have to put it into some kind of account.
So what does that mean?
What it means in effect is that all of the CBDC money that exists in society
will be owned by whoever owns the account or the bank
or whoever is designated by the federal government to operate that system.
but you, the will not own any money.
The money will belong to someone else.
It will not belong to you.
You will not own it.
Under the commercial code as it is written right now,
forget about what they're revising it to.
Under it right now, you would not own any money.
It would all belong to someone else.
So forget about whether it's programmable from a design perspective.
In practice, it's not going to be your money anyway.
And so how can you not think,
for the world economic form, we've talked about a thousand times in the future, you will own
nothing. It is not enough to simply kill talking about all across the country. That is essential,
but we need to do more than that. We need to rewrite that code so that CBDCs cannot be used in a
variety of other context as well. All right. Stand by. Stand by. I think that we have to really
truly get down to a basic line here that you have to do in your own state. And I'm not sure,
and I want to talk to Justin, that, you know, the UCC code is enough. And we'll talk about that
here in just 60 seconds. You know, some people have a hard time falling asleep. I have a hard time
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All right.
Justin, we have been talking about the UCC code and we've been telling people not to allow it to pass.
now you've been working with legislatures all over the country, and these legislators are telling you,
no, there's much more to the code. We have to change it. Would it be better just to go for states passing law that CBDCs cannot be used for commerce?
Complicated question, because the use of an established form of money at the federal level, because it's a
the federal risk. There are people who say, well, yeah, but coining money means physical money,
not digital money. And so I think it's, there's a lot of open questions about that,
that we don't necessarily. Legislators actually do not know a lot of the things that I've told
you today. I've got that from a lot of UCC lawyers. Lawmakers killed the UCC bills.
I also need to update state laws that they can possibly find in ways that would make it
so that a central bank digital currency is undermined in the state in financial transactions.
for example, can you use a CBDC, a programmable digital currency, when you're using for collateral
and a loan, let's say.
Right.
Okay.
State laws dictate some of that.
Okay.
And they can undermine that.
They can do things like that to undermine the use of a CBDC.
And I think that's what they have to do.
More in a second.
Stand by.
The Glenn Beck Program.
When it comes to doing business with somebody, there are two kinds of trust that you
have to worry about.
You need to be able to trust the person is honest.
That's a baseline.
But you also need to be able to trust that he or she knows what they're doing.
Character and competency.
Those are the two key ingredients.
Without them, you're in peril, no matter what it is.
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All right.
Justin Haskins is still on with us.
I am going to, this is going to be for hardcore fans.
I'm going to announce the name of the book and tell you exactly what it is.
and tell you where you can find it on Amazon.
You have to, I'll give you directly what you need to put in.
You won't even find this yet on my, my Amazon page for books.
You have to have all of this information.
So if you want to be the first to order it, here it is.
The Great Reset was just the beginning.
At important meetings in 21,
and 2022 powerful leaders from government, finance, media, and business, who support the
World Economic Forum's plan for a great reset of capitalism, launched a new call to action titled
The Great Narrative. The Great Narrative campaign seeks to use the decay of traditional values
throughout the West and the new and future advancements in technology, including in the areas of
artificial intelligence, automation, the metaverse, robotics, and more, to seize control of
economies and societies in North America and Europe. The elites behind these proposals even plan to
impact the way people across cultures and the planet understand what it means to be human
and have free will. According to the leaders of the Great Reset and Great Narrative Movements,
By the year 2030, your world will be fundamentally transformed.
In this new book, we are going to outline all of the dangers and the opportunities associated with the disruptions that are coming and provide a plan to protect you and your family from losing liberty.
How you decide what the world decides to do with the information in this book.
we'll decide a lot how free people of the world react to the challenges that we're going to show
you in this book will change the course for generations to come what will be the future of
humankind and which side will you be on the new book is called dark future it's book two of
the series in the Great Reset series, Dark Future, uncovering the Great Resets terrifying new phase
and or next phase. You can find this only on Amazon today, but you have to go to Amazon
search Glenn Beck, Dark Future, and you will be able to be one of the first to order it.
It's kind of almost behind the scenes at this point because I mean, I don't know if you do
but like when I'm looking for the latest book from an author,
I'll just search the name and then just click on the name.
It's not there.
It's not even there yet.
So if you want to be kind of, you can get,
you kind of pull one right off the line as they're getting printed.
This is the way to do it.
And the published date, the release date will be July 11th, 2023,
but there will be hopefully a chance for you to get it before that.
We'll give you all the details as we get closer.
but if you want to order it, you can do it now on Amazon only,
Dark Future by Glenn Beck and Justin Haskins.
Justin, this is the longest, most in-depth book I've ever done.
And you and your team remarkable on footnoting and finding the stories.
We had a really hard time because we had to put this to bed.
What, a month ago?
Yeah.
Three weeks ago, something like that.
And there's stuff that even from one version to the next, a lot of that stuff was already outdated.
It was like, no, it's worse than that now because they just did this.
Yeah.
This is a really difficult book to write, but it's 465 pages.
And a lot of that.
There's more footnotes than we've ever done before in any book.
Yeah.
Yeah, there's a thousand footnotes.
Those who read the Great Reset and really like the Great Reset and appreciated how much research we put into that.
This book is basically one and a half times that book in terms of the length,
for than twice as many footnotes.
We cover Futurism, and then all of the work we've been doing on the Great Reset and Davos and ESG and all of that,
how those two things interact and how that's going to transform your world going forward.
how it's going to fundamentally change everything about your life in every single way imaginable,
tying all that stuff together in a way that people can understand because, you know,
it's really hard to understand how cryptocurrencies work or how AI works or when I was doing research for this book,
because I'm not, you know, you're a futurist, Glenn, okay? You've been covering this for a long time. I'm not.
So when I was doing research for this book, I remember thinking, all right, I'm going to bone up on AI.
I'm going to learn all about AI.
And then as I started reading about AI, I said, you know what?
I need to, I think, understand algorithms first.
And I said, you know what?
I really need to know how does a computer work?
Right.
What is even a computer anyway?
What does it do?
This is, you know, I tell you, it is so, it's so great because I have been watching technology since the early 90s.
And I've got into AI and all of it back around 95.
and so I have the building blocks.
I know when we've said in the meeting and I'm like,
okay, we got to research this, this, this, this, this, this.
And you wrote them down and I could see your eyes were crossed a little bit like,
I don't even know what that is.
I'm not sure.
Yeah, but you know what I actually think that worked really well?
I did.
Because the two of us, we come from it from totally different,
totally different perspectives, but I think that helps because a lot of the people
who are going to read this book don't know what AI is really either.
or they don't know how cryptocurrencies or digital currencies or any of these things,
they don't necessarily know how that works either.
And so by having both of those perspectives,
we're able to put this thing together in a way that is that anyone is going to be able to pick up and read and understand.
And I got to tell you, it is the most terrible, I mean, correct me if I'm wrong,
but this is the most terrifying thing.
Seriously, there were nights I could not sleep.
I've never heard of.
stuff that only the sort of most elite types are talking about, never heard of.
A digestible way, but we're showing you how it's going to impact every part of your life.
This isn't theoretical.
Everybody's going to change.
Right.
This is the culmination.
Everything I told you about in 2008, and I said, it's going to look like this, it's going to be this,
and these people are going to be, you know, working, et cetera, et cetera.
I didn't know what I was describing, but I'm describing, I was describing at the time, this.
This is the culmination of everything that I told you I thought was coming.
This is, this is it.
This is it.
And it is so essential that you understand it.
One of the most terrifying things in it, the reason, I mean, we really had a hard time naming this book.
and the reason why Dark Future worked so much for me was, you know, the Yval Harari stuff in the book is terrifying.
This is this guy that everyone on the left presidents, Barack Obama talked about him.
Bill Clinton talks about him.
He's partners with the World Economic Forum.
And he literally says things like, you know, there's a lot of useless people on this planet.
and we have to figure out what are we going to do with them?
And he is a well-connected, well-respected.
This guy is so dangerous in this context that it's terrifying.
And you have to be aware because I'll tell you, we wanted this book out in January,
and we just couldn't get it done because it's such a massive undertaking.
So it's out in July, but you have to get this information because you will understand the world as it starts to fly apart and come at you.
And you will see the mirrors and the tricks that they are working on people.
You'll know where they're going.
So you'll be able to see the news in the day and go, oh, okay, all right, closer to that, closer to that, got it.
and you'll be able to prioritize what is truly important.
And free will and what it means to be human,
they are redefining right now.
Yeah.
That's important.
Yeah, it was for the Great Reset,
how open so many people were talking about this
at highest levels of government and NGOs,
the world economic form.
They're just talking about resetting the global economy.
In that same way, it was shocking.
how many world leaders and powerful people and heads of big tech companies and others
are openly talking about how they're going to create a second evolution for humanity,
how they're going to rewrite the genetic code, how they're going to redesign your future,
how they're going to create a new blueprint for humanity.
These are all quotes.
These are all things that they're actually saying to each other.
And big, elaborate conferences like at Davos and elsewhere, World Government Summit and other places,
where they're openly talking about how they're going to design every aspect of technology going forward,
and it's already started, so that it has embedded within it.
Social credit scoring ideas, ESG ideas, wokeism, think that the future resembles what they want it to resemble.
And so they are literally designing your future right now.
majority of people have no idea that it's happening. They have no saying it at all. And one day,
they're just going to wake up and all of a sudden everything is going to be absolutely completely
different. They will have no power or control over their lives. And they will not understand why
if they have not read this book and they will not be able to prepare for it and prevent it from
happening if they have not read this book because there is literally nothing out there right now
at all that ties all of this stuff together in the way that this book does.
No, Justin, somebody said that you and I with this book in the radio program and, shoot, what's his name over in England, the comedian actor that's all on the Great Reader?
Yeah, Russell Brand, that it's the three of us that have made the world awake to the Great Reset and what they're doing.
I find that absolutely incredible.
And there is nothing like this book in Europe.
And I don't know how to get Europeans to pay attention.
But there's nobody, you can't do a show like this in Europe.
Europe, Canada, the entire Western world needs to read this information.
Because nobody's printing it.
Nobody's printing it.
They're trying to do that in America.
But they've already reached that point in Europe where the institution
are so powerful and so in bed with these ideas,
and they don't have the same kinds of constitutional protections for individuals in many of those countries as they do here.
So these institutions are able to just stamp out any ideas that they don't like,
and of course they don't like it when people are talking about how elites are redesigning the future.
But this affects the whole world.
It affects all of us.
And that's another incredible thing that we talk about in the book is we spend a lot of time talking about the national
fascists of China and Russia and countries like that and how they're going in the polar opposite
direction in a very negative way and how we have to we have to chart this course in between
the international fascism of the great reset and the great narrative and this dark future
and the national fascist authoritarian of Russia and China and countries like that and walking
that that middle line is so difficult to do but we have to do it.
or else freedom will die one way or the other.
Okay, Justin, thank you so much.
We'll talk about this some more as we reveal more about the book.
The name of the book is Dark Future.
It's book number two in The Great Reset.
Dark Future by Glenn Beck, you can only find it if you put Dark Future Glenn Beck into the Amazon search bar.
You can be one of the first.
Get this book and read it before it becomes a history book, because it will become a history book soon.
every day at some point or another you have a moment or two we get kind of nervous about the future what's going to look like you know now might be one of those times you know uh what are you going to do how are you going to protect your family what are you doing with your credit card debt man i feel for you if you have credit card debt it is it just seems overwhelming and you're like i don't have anything else i can do okay that might be true but probably isn't
True. I want you just to start by calling American financing now. If you own your own home and you
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Glennback.
Welcome to the Glenn Beck program.
We're glad you're here.
In case you missed it, the name of the new book is Dark Future.
you know, kind of a, I thought it was a pick-me-up, kind of, you know, bathroom reader.
It's part of the Great Reset series, and it is Dark Future uncovering the Great Resets terrifying next phase.
And you can only get it on Amazon today.
We'll officially be launching it soon.
But you have to go actually up into the search bar and type in Glenn Beck Dark Future.
and it will come up, be one of the first to get it.
All right.
When we come back, we have the guy who started and was the CEO,
and I think chairman of the board of Home Depot.
Guy is amazing, amazing.
A guy who is now 93 years old and still rocking on
to talk about capitalism and the,
The banking situation in America.
The Glenn Beck Program.
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What you're about to hear is the fusion of entertainment and enlightenment.
This is the Glenn Beck program.
I'm so excited and honored to have the Home Depot co-founder, Bernie Marcus, on, you'll understand when I introduce him here in a second.
We want to talk about capitalism, what's happening in our country, the banks, wokeism.
Bernie Marcus, co-founder of the Home Depot,
joins me in 60 seconds.
These days, it might be easy to think of the American economy,
kind of like being Joe Biden going up a flight of stairs.
It's not really good.
I'm not sure he's going to make it all the way up the stairs
every time he's walking onto the plane.
But right now, you need to consider what is happening
and all of the things, especially if you miss,
today's podcast. In our number one, I told you what the Fed is doing with their Fed now.
This is just the groundwork to put the Fed in charge of your entire life. It's extraordinarily
dangerous. And it's coming because of inflation. We are spending way too much money.
Fed is just printing money. Please consider gold or silver as part of
whatever it is you have.
You should have several different things,
depending on what you can afford,
but you shouldn't have your money all in one thing,
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when we really hit the bumps that are coming.
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I don't think, I mean, usually I introduce somebody and I'll say, hey, he's the co-founder of Home Depot.
But this man's accomplishments are just astounding. By the time he would,
was 15. He had already held more than a dozen jobs. He had joined a gang, worked as a hypnotist
in the cat skills. He's a son of a cabinet maker and garment worker. His dad survived the triangle
shirt waste factory fire, which is incredible in and of itself. He became somebody who is
well known what he did. He is the guy who co-founded Home Depot. Things were so bad the first
day on opening day that his wife said, you're not shaving because she said, I don't want to
raise her anywhere near your throat. From there, they've gone to 500,000 associates, 2,300 stores.
And this is a guy that was a son of a Russian immigrant who just believed in the United States being
that golden land. He has since retired from Home Depot. And he and his wife, Billy, started the
Marcus Foundation. They have given more than $2 billion in grants. They're both strong believers in,
you know, helping out as much as you possibly can. The Marcus Institute has programs for children
with disorders of the brain. It also has, they also have the autism center, which offers expanded
services for children with autism. He has founded or funded the Grady Health System for the
Marcus Stroke and Neuroscience Center, the Marcus Trauma Center, the Piedmont Heart Institute,
he established the nation's first heart valve reference center, MDA out of Israel, he partnered
with them to build a critically needed new national blood center in Israel. He created projects
share to ensure that the members of the military and veterans get diagnosed and cared for
without any financial constraint by underwriting the housing, transportation, and care costs of any
military personnel with brain or spinal injuries who are sent to Shepard Hospital.
He founded the Nanotechnology Research Center building at Georgia Institute of Technology.
He's the guy who's responsible.
He and his wife created the Georgia Aquarium.
It's the largest aquarium in the world.
60 exhibits, 550,000 square feet, 10 million gallons of water,
125,000 animals, and it's the world's only aquarium and vet medicine teaching hospital in the world.
He funded and created the Jobs Creator Network, a group of current retired CEOs and entrepreneurs
who have come together to preserve the free enterprise system during the pandemic.
He granted money to study the effects of high doses of vitamin C.
Also, for those who have issues that prevent the use of hydroxychloroquine, he created a clinical trial for blood tests for Corona-19 antibodies.
He supported two hospitals that opened floors specifically for the coronavirus patients.
His job creator's network was instrumental in securing funding and for small and medium-sized business.
he was also he and his wife Billy one of the first to sign the giving pledge my gosh oh and he has a new book out
he came out last year kick up some dust lessons on thinking big giving back and doing it yourself
what an honor to welcome Bernie Marcus onto the program hi Bernie
God Glenn I'm worn out but just listening to you on the introduction yeah I mean that is
That's an incredible life.
An incredible life.
Wow.
Thank you.
Well, look, you know, you put on this earth for a very short time, and you're hoping that you're going to do the best you can.
And God willing, you're able to do it.
Now, we grew up very poor.
My parents were Russian immigrants.
We lived in a fourth floor tenement in Newark, New York, New Jersey.
Jersey. And to say we were poor would be an understatement. We virtually had nothing. And in those
days, they didn't have the umbrella. You didn't have food stamps. They didn't give out, you know,
cell phones to people. We just made it if my father didn't, and he was a lousy businessman and a
great carpenter, but not a good businessman. If he didn't make any money, we didn't eat. And
as simple as that.
But one thing we had,
we had the family,
and we had the love in the family,
and my mother,
who really ran the family,
you know, believed in America,
and she thought this is the golden land.
And she kept saying to me,
no matter what you want to be,
you can be it in America.
This is the golden land.
And she was 100% right.
And she said, if you work hard,
and you keep folks,
focused and you don't let bad problems affect you and knock you down.
If you keep going, that you will be successful or whatever you want to be.
She said, you could be the president of the United States.
Although, Glenn, why would I want to do that?
No, not.
Yeah, I know.
God, I know.
I mean, what Trump is going through is unbelievable.
I, I am just like you.
I am so worried about freedom and the free market, the ability to think and become.
It's all going away so quickly.
And it just seems like America is asleep or they don't realize that it won't always be like it was.
You know, I think people have this, ah, well, these things happen.
And, you know, no, we're on the verge of losing everything that our founders,
worked for and people like you built over the last 250 years?
Well, I'm sorry to say that you're probably right.
You know, I'm 93 years old, and I've lived through so many administrations,
Republican, Democrat, and I never thought that the world could change so quickly in two years.
Biden got into office, and he is extreme, extreme in every day way you could think of.
And I'm a great believer in the capitalist system.
I think capitalism built America, made us the strongest land in the country in the world.
That's why people have come across the border.
They want to come here, and they want to have their own American dream.
It's the only place.
You can't have it in India, China or Russia or, you know, Venezuela.
Even Europe.
Or the UK or anywhere.
Yeah.
And you can have it here as long as you believe in what you want and what you're doing and work hard, but that's not the case anymore.
I was going to say, could you, is it true?
Because could you start Home Depot today like you did, you know, back when you started it?
I don't think so, Glenn.
And I think the reason is they have so many obstacles for small businesses.
We're a small business.
And that's why I started Job Creators Network to protect small businesses.
Because I know it's the backbone of America.
You know, 70 percent, about 70 million people work in small businesses.
I'm talking about the pizza shop, the cleaning store, the drugstore.
These are all small businesses.
And we never had the regulations that they have today.
And what he's trying to do, and I'm talking about Biden now, and a Democratic Congress,
they want to pass laws that raise taxes that will knock out half the American or half the
small businesses in America.
They're not going to survive.
They can't survive now.
They're barely
making it now because
they can't find people that want to work.
I mean, think about this in America.
You can't find people that
want to work. And it's
amazing. You know, why would
people work when they, in some
cases, with
two in a family, maybe a couple
of kids, you can make
$80, $90,000, $90,000.
policy year, sitting on your rear end at home and not working. So the American dream is starting to fade,
and it's shameful. And kids coming out of college that are being taught these woke policies
believe in socialism. And they did a survey, I think they were 35 percent,
believe that socialism is better than capitalism.
And let me tell you something,
capitalism is what made the Home Depot.
If we weren't able to sell stock on the street,
because when we opened the store,
I'm talking about the first Home Depot store,
we were terribly undercapitalized.
And the only thing that kept us alive
was being able to go to the capital markets
and raise money.
And we did that.
Today, Home Depot is, you know, $100 billion in sales plus 500,000 associates in the United States, in Mexico and Canada, in Guam and Hawaii, and is a very profitable company.
But if you look at what they're trying to do with this ESG, which is, you know, they're now doing it with the financial institutions.
institutions and with the investment funds, we're going to destroy America. They're killing off the
goose, and I don't get it. Why would they want to do this? That's, I think, why so many people
don't understand, don't accept anything as a plan. They just think maybe this is incompetence,
maybe, but there's too much that has happened for, you know, anybody's batting average to be that
bad unless it's intentional. And what they're doing is resetting capitalism. They're resetting it
to a stakeholder capitalism. And the stakeholders are the businesses, the community leaders,
if you will, and the government. And they're directing us into this new.
system and destroying the value of our dollar to be able to reset into something that they have
more control over. It's something that, you know, I don't think people really, you know, most people
are not evil. Most people aren't really even bad. So when they see somebody who's doing something
that is really bad or evil, they have a hard time accepting it because they'd be like, why? People,
People don't do that.
Why would they do that?
But power and money and greed, powerful.
Yeah, I think that many people, I'm talking about the American people today, are really thinking with their hearts.
Yeah.
But they're not thinking with their brains.
Look at this inflation.
What is doing to this country and what is doing to the middle class and lower class is just outrageous.
people can't afford to put meat on the table, eggs, or, you know, the simple things, because of inflation,
and it's all manufactured by the policies of Biden.
So it didn't come out of nowhere.
It did just happen.
This was done purposely.
Now, does he want to bring down this country?
I don't know.
He's doing a hell of a good job of it.
Yeah. We're talking to Bernie Marcus, the Marcus Foundation chairman and the co-founder of Home Depot. I want to talk to you a little bit about the banking system and the belief in capitalism. How does somebody who was born, you know, on September 11th even, they have not seen what capitalism in a free market really is. They've seen the crony capitalism. And they're in their 20s now.
So how do we reverse this?
We'll continue our conversation in 60 seconds.
First, let me tell you about pre-born.
If the left spent just a fraction of the time fighting for good causes as they do fighting
to maintain the institution of abortion and celebrating abortion.
I mean, most Americans don't even want to think about it, but most Americans would say, you know, safe, legal, and rare.
Though that's so far gone in the rearview mirror, it is now celebrate.
We have partnered with the ministry of preborn to help rescue thousands of babies this year alone from that exact fate of a mom apparently celebrating.
I don't believe it.
I think most of these mothers feel trapped.
They don't feel like they have any other choice.
But preborn is there.
These women's centers are fantastic, and they provide a free ultrasound to expecting mothers.
Once a mom sees the baby on the screen and hears the heartbeat, she is so much more likely to choose life.
And it's not just about the baby.
It's about the mom, too.
They'll take care of the mom and the baby and clothing and books and everything for two years.
It's an amazing organization.
Would you join me?
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10 seconds, station I do.
Bernie Marcus.
Bernie, how long has it been since we've been in an actual free market?
Because people, the youth today, they have no idea.
They see capitalism as something that is just enriching.
really, really rich people and really corrupt partners in Congress or in the White House.
Well, you only have to go back two years.
You know, when Trump was president, you know, a lot of people hate Trump.
I mean, he really hate them, not because of his policies, but his policies brought about a period of time when everybody,
was in good shape.
The poor, the middle class,
the minorities,
had more minorities working than any time
in the history of this country.
Inflation was, what,
a 1.5% of something.
And all,
they say all ships rise.
Well, everybody was making money.
Everybody was doing better.
All of things were happening.
They were good.
and then COVID came along, and it killed the Trump administration, and I think it killed his ability to get reelected.
That plus ill-advised things that he said, but his policies were terrific.
And so capitalism was flourishing during this period of time.
The stock market was flying.
People were making a lot of money in their 401Ks, 411 case, and, and, and, and, and, you know,
And everybody looked, everything looked really good.
And Biden came in, and it was like you took a cloak,
and you just, from that day on, inflation started to rise.
He started to spend more money than we have, much more.
We saw inflation starting to energy, killed everybody.
The American people, aren't you feeling it?
don't you don't you feel it every time you go to a supermarket or you pay your rent and your rent is up
dramatically uh the american people uh i've always had faith in them i i hope that they they wake
up and understand that they can't afford these policies anymore and vote the people out of
office burney brought it to them i would i would love to continue our conversation you're the
only 93-year-old that probably has limited time, you know, in his schedule. If you can stay
another 15 minutes, I would like that. Just talk to our producers off air, ask him. Bernie Marcus,
the Home Depot co-founder, he is very outspoken on what's going on with the banks. And we're
going to talk to him. By the way, he's 93. Compare him to the president. The Glenn Beck Program.
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uh... bernie marcus he is the marcus foundation chairman and also the co-founder of the home depot
he has been quite outspoken on what's happening with the banking system and capitalism
And I've just got a few more minutes with him.
He's 93 years old.
He's the age my father would be if my father were still alive.
And I have two ways to go.
I can ask him about the news, but I miss my father's wisdom of a long-lived life and perspective.
So if Bernie doesn't mind, I'd just like to ask you some more philosophical questions, Bernie.
Do you mind?
Sure, sure.
You know, we, you, you grew up, Depression, World War II.
You have seen the Cuban missile crisis.
You have lived through the 60s where we had huge public figures for a decade.
They were just shot in broad daylight and killed and assassinated.
We had the, you know, drug-free, you know, the, or free drugs and free love and the, the hippies and the communists and 9-11 and everything else.
and America always battles and gets back to where she was and better.
Is this any different than things that we've seen before all throughout your lifetime?
Yeah, I've never seen anything like it.
And I never realized, I mean, I could sit back and say,
what in God's name happened?
How did it change so quickly?
and how do the American people become dumbed down?
I mean, think about what we're doing with the education system.
We're dumbing down the kids.
We don't want the kids to know math.
We don't want to be able to read.
Many kids go to college.
Can't read.
Don't understand math.
But they're still accepted because it's the right thing to do.
It's equity.
It's, you know, it's diversity.
But we're dumbing down the whole society, and we're going to pay the bills.
I will tell you that the amount of money that they have spent in this, and Trump is no better,
he spent a lot of money, but nothing like what Biden is going through.
No, his budget is $6.8 trillion for this year.
That's insanity.
Yeah, he doesn't seem to have any limit.
and the American people have to understand that every time you borrow, you give out money
to all these programs that he believes in that somewhere you have to pay for it.
And all of this we pay interest on, and the interest is at the highest level we've ever had.
So that for years to come now, I mean, for years, I'm 93, I won't be here.
but other people and their children, their grandchildren, are going to have to pay for this debt
that they're spending frivolously.
And I think it's just a bad policy.
Glenn, I'd like to go one second to go back to my book, kick up some dust.
I think that all the policies I believe in, the capitalist system,
and how people can give to charity and make money and get involved with charity,
I give money away.
All these institutions today, the universities that we have, that are all playing woke and fighting capitalism,
or are all founded on capitalism.
I know.
If you walk through the universities, you see the names of all the capital, all the people that contribute to money, they're all capitalists.
and they're trying to destroy everything that came up in America.
And I just hope and pray that the American people have enough sense to vote these people out
who've done these policies and bring back good government some restraint.
My God, we need to restrain Congress.
They've got to stop spending money the way they do.
They just can't keep going on because they're going to.
to bury this country. Well, how long would you have been in business if you didn't have a budget for
12 years? 14 years. Well, not only not been in business. If we didn't make money,
and think about it, this thing is ESG that they're talking about, you know, having climate change
and diversity being the policies of a company, our policy was, how do you make money?
if you don't have make money
you can't hire people
if you can't hire people
you can't put them to work
that's capitalism
putting people to work
workers the best thing they're going to happen to
anybody
and when people work
they become very productive
and so you have to keep making money
you can't run it
based on climate change
my God I mean
we thought about climate
change. We're concerned about the environment, but we did it within the confines of making money
at the Home Depot. And if you didn't make money, you don't sell stock. And if you don't sell stock,
you don't have money to refinance whatever you want to do. But capitalism is the basis of it.
Capitalism is the best way to run a charity. If you can do what you did, get rid,
and then choose to spend some of your money,
or heck, if you wanted to, all of your money,
on charitable ventures, that's the best thing.
It's the easiest way and the way to raise the most amount of money
is through capitalism.
There's no doubt about it.
I mean, I think about the things that I did in Atlanta,
what the Mortgage Foundation did.
take Atlanta, and I'm not going to take about the national things or the international things,
but the Grady Hospital was the most important urban hospital in Atlanta.
They were going broke, and we invested tens of millions of dollars, built the Marcus Emergency Center,
the Trauma Center, the Stroke Center, saving lives every year.
I mean, I can't, the government can't do that.
They don't know how to do it.
What does it mean?
Look at the way the VA operates.
It's a disaster.
What does it mean if Biden gets his way and he puts a 25% tax on individuals like you?
Well, he'll kill off America.
I can't even believe that the Democrats would go along with that.
this is about the dumbest thing I've ever heard in my life.
And how does that kill off America?
Well, because people will have to sell their assets in order to pay the taxes.
If you had a stock, if you have a farm, and that farm was worth zero,
and all of a sudden, when you bought it, it was worth a couple hundred dollars,
and you spent 20 or 30 years or 40 years building a,
up their farm to where it's now worth, let's say, $5 million.
That's the value of it.
They want to tax that.
Well, most people, where they're going to get the money to pay the tax?
Right.
Because it's an unrealized asset.
It's an unrealized gain.
Yeah, they have to sell the asset.
So you're going to find people selling off their assets.
Well, in my case, I would have to sell off Home Depot stock.
which is where I put most of my charity, $2 billion already in medical research.
We're involved with so much research all over the country trying to save lives, and we will save lives.
This is where government is not involved.
I mean, we have something like Johns Hopkins, a simple blood test that's before the FDA now,
where they're going to be able to determine that somebody has stage four,
a prostate cancer or ovarian cancer or...
With a blood test.
...perable cancers that you don't usually find the fourth stage.
You can find it in the first stage with a very simple blood test.
And our foundation paid for that, that research,
and when it comes out, it's going to save the lives of God knows millions of people.
And there are many things that philanthropists are involved with.
And a philanthropist all have their money based on a capitalist system.
Bernie?
Not socialism. Socialism doesn't work.
Let me ask you a final question before we have to let you go.
The loss of America, for people who have been indoctrinated,
with it's not a special country.
It's, you know, it's just, it's one of the same.
What does the loss of America mean to the average person and to the world?
Will not be able to foster.
We'll not be able to build.
You'll find this country who will come to a standstill.
Hey, listen, you know what?
The problem is like Venezuela.
It didn't happen overnight.
Right.
You know, these people.
had a good operation going, and all of a sudden they're down to the drain.
Cuba, look at Russia.
What happens is the powerful people take over and now run the country based on what they want,
not what on the people want.
Russia is not a democracy.
China is not a democracy.
You do what they tell you to do.
and this is where we'll end up the same way.
We'll have somebody like a president who will become a dictator.
Your freedom.
You won't be able to say what you want to say.
You won't be able to march in the streets and have a peaceful protest.
Those things will be gone.
And people like you, Glenn, they'll shut you up.
You won't be able to have your program.
Let's keep that to ourselves.
Yeah, but that's what do you think is going to happen?
No, I know.
I know. I know, Bernie.
I know.
Not going to be a good world.
I know.
So I think that people should start to understand, be happy with what we have and just wake up.
Yeah.
Wake up and vote the people out that have brought us where we are and put people in who could take this, take us back to prosperity.
Just have faith in America.
Just have faith in your fellow Americans.
Together we can accomplish anything on our own.
That's the secret.
Bernie, I can't thank you enough for spending the time with me.
And it's rare to be able to talk to a living legend.
And I so appreciate your time and everything that you have done,
both in business and charity.
Thank you.
All right.
Thanks, Lynn.
God bless you.
Thank you very much.
You bet.
Bye-bye.
Bernie Marcus, by the way, the name.
of his book is kicking dirt.
Is that what it was?
Yeah, kicking up dust.
It's kicking up dust by Bernie Marcus.
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Join the conversation. 888727. Back. The Glenn Back program.
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was, you know, tried to make friends with New Yorkers by having a, you know, he's going to jail
tree mailed. And we were so excited about the violation of just everything that is good,
decent, and American today. But it doesn't look like they're going to haul Donald Trump in
today. No. Yeah, it doesn't seem like it. Well, who knows? You know, it could happen at any moment.
When you're right, you're right. People are.
trying to make their names.
And eventually, someone will do this because what's the downside for a New York prosecutor?
Nothing.
This is going to happen all the time with anyone.
Makes it more famous.
You know, when Alvin is running for governor in a few years, we'll all remember what he did here.
Yeah.
If this works.
And again, if he doesn't do it, he has no chance, right?
Everyone will remember him on the left as a person who didn't go after Donald Trump and arrest him when they should have.
Again, this is idiotic fan fiction, but it's still the way this world works right now.
It's really amazing.
You know, the house wrote a pretty terse letter and said, you're violating the rules of your office and your oath.
And we will be looking into this.
And if we have to, we will be changing laws based on you being out of control.
It's these Soros people.
I mean, what do they care?
They don't have to raise money.
They have Soros.
They just do what Soros wants.
I mean, you know, I feel a little like Jimmy Stewart.
It's Potter.
It's Potter.
Do you want to live in Potterville?
You won't own your own house.
It'll be run down.
It'll be horrible.
It's Potterville.
He is Mr. Potter from It's a Wonderful Life.
George Soros.
and he's buying them all up, and this is what they're doing.
They're letting criminals go, and he's spending all this time and energy and money in New York on Donald Trump, on a misdemeanor.
That makes no sense.
Especially when you put it in perspective of all of their other policies.
They always talk about wanting more gun laws, but will they ever actually enforce the ones that exist?
No.
They let those people go all the time.
People who have committed rapes and all sorts of horrible.
violent felonies get released onto the streets every day in these cities.
But when it comes to, you know, this guy, because he's famous and he's the devil, apparently,
you have to go after him for something that at the very least should be,
or at the very worst, should be a fine.
And that's how the Clinton thing ended.
It's how the Edwards thing was going on at that point.
And he has said he has no intention of doing anything virtual with the president.
