The Glenn Beck Program - Social Credit Scores Are Coming HERE | Guests: Eric Bolling, Craig Strazzeri, & John Solomon | 8/27/19
Episode Date: August 27, 2019The Silicon Valley-backed Chinese social credit system will soon be a FULL-ON police state, and it’s already showing up here, in everything from life insurance to WhatsApp. BlazeTV’s Eric Bolling ...recently met with Vice President Pence to ask him some BIG questions about the trade war, nuking hurricanes, and Nikki Haley’s chance at VP. PragerU CMO Craig Strazzeri calls in to discuss fighting Google and YouTube in court over shadow-banning conservative and biblical views. And it may be surprising, but recessions are NATURAL. Just like forest fires, they clear away the bad investments to help the good ones flourish. John Solomon, executive VP of The Hill, joins with his take on Patrick Byrne and the Hillary investigation. Learn more about your ad choices. Visit megaphone.fm/adchoices
Transcript
Discussion (0)
Welcome back, Stu.
Thank you, Glenn.
I'm glad to be here.
Are you?
No, I am not.
Yeah, I didn't think so.
I was lying.
Thank you for you.
I wish you didn't call me out.
Where did you go?
What did you do?
The Dallas Fort Worth Metroplex?
Wow.
Yeah, it was beautiful.
This time of year.
Oh, it was 147 degrees.
Oh, yeah.
Oh, beautiful.
So you just lay out in the sun and just bake?
Oh, I sure did.
Yeah.
It was wonderful.
Yeah.
Yeah, it was mainly around here.
We had some stuff going on work on the house and such.
Oh, nothing better.
Yeah.
It's called a vacation, Glenn.
Yeah.
You know, you got the cruise coming up next spring.
Yeah.
Sure, you could do that.
But what about staying at home in 147 degree heat while work's going on at the house?
Yeah, that's great.
What if you could, like, fix the roof?
Oh, that you know what?
Last summer, we had somebody fix our roof and it was in the middle of summer.
And I'm looking at those guys.
I just, can I just hose you guys down?
up there? Can I constantly run? No, the water's too hot.
I mean, it's crazy. All right. Back in a second. Great show coming up.
Man was assaulted outside a Portland bar for wearing a Make America Great Again hat.
Two people have been arrested. Court orders Idaho to pay for sex offenders trans surgery.
Thank you. The governor of Idaho said, no, I don't think so. No, I'm not going to do it.
ton of email on my comments about 5G.
Oh, and Silicon Valley is building a Chinese-style social credit system for us.
This is great.
We start there in one minute.
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You know, Tocovus boots kind of root you.
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Okay, for anybody who hasn't been paying attention,
I want to explain the Chinese social credit system.
Since 2014 in China, the social credit system is,
It has been implemented and is evolving into a single nationwide point system for all Chinese citizens.
And it is akin to a financial credit score.
It follows you everywhere.
There is no place to hide from the cameras.
It is evolved now into you have to have a certain app on your phone and they monitor you every day,
you take this app, you open it up,
and you have to kind of take a test
about what the great leader is doing today.
And it gives you all the news
of what the great leader is doing
and what the communists are doing
that is so good for you,
then you have to take a test.
If you don't open that app every day,
your social credit goes down.
If you're not taking that test,
your social credit goes down.
They track you
and feed you everything that they want to feed you,
and you must consume it.
If you jaywalk across the street,
your social credit goes down.
If you speak ill about the country,
your social credit goes down.
If you are talking to someone
who has a low social credit score,
your social credit goes down.
It is horrible what is happening in China.
It is becoming a true police state.
Orwellian, 1984.
And it aims to punish for any kind of transgression that can include membership in or support for the Falun Gong or Tibetan Buddhism.
If you haven't paid your debt, if you have excessive video gaming,
criticizing the government, late payments, failing to sweep the sidewalk in front of your store or house smoking or playing loud music on trains, jaywalking,
anything that is unacceptable by the Chinese government.
It also awards points for charitable donations,
even taking one's own parents to the doctor.
And the punishments are harsh.
There are bans on leaving the country,
bans on using public transportation.
So in other words, sorry, all of a sudden you get to the bus
and your phone says,
offender, not enough social credit.
You have to walk.
You're not taking a bus.
You can't check into certain hotels.
You will immediately not be hired for any high visibility job.
If you have spoken out against the government, you have posted something that shouldn't have been posted.
Your children will be pulled out of the private school and may not even make it into a public school.
It can result in slower internet connections and also social stigmatization because you are now registered
on a public social blacklist.
Your face actually goes up on billboards, electronic billboards, in your neighborhood.
And anyone who interacts with you, their social credit goes down.
They brag that they can keep people locked in their house just because they won't be able to go anywhere.
It is authoritarianism gamified.
Now, I've told you for a while, if Google and Silicon Valley is helping them do these things,
what makes you think that they won't do the same here?
Well, they are.
There are now 40 or so pilot projects operated by local governments, at least six, run by tech jobs,
giants. Now, Beijing is doing this. China is doing this. They have two nationwide lists,
one called the black list. The other one is the red list. That's kind of like a white list here.
The Chinese government shares its list with all technology platforms. They give you every month a
social credit. And that social credit determines the rest of your life. Now, some Chinese
People are unaware that this even exists at this point because they haven't gotten it all to the entire country, but their goal is China 2020 to have the entire country on this.
Surveys done by the government show that 80% of the Chinese citizens that are surveyed strongly approve of the social credit system.
Of course they do.
You're tracking them.
Now, if you are disturbed by any of this, let me tell you what's going on now.
In America, the New York State Department of Financial Services announced earlier this year
that life insurance companies can base premiums on what they find in your social media posts.
If you have an Instagram picture showing you teasing a grizzly bear at Yellowstone with a martini in a hand
and a bucket of cheese fries in the other, you're going to pay a higher rate.
rate. However, if you are doing yoga, you're going to pay a lower rate. Anything that shows
you're healthy and wise, you're going to get a lower rate. Anything that shows you that you are
doing anything at all dangerous, you're going to get a higher rate. Now, that seems kind of reasonable.
It's like, well, you know, I have insurance on me. I can't go to
a war zone. I can't fly a plane. I can't go cliff, you know, climbing. All the stuff I'm never
going to do. I'm fine with. They were like, you can't do these things anymore. And I'm like,
does that include jumping out of a perfectly good airplane with a parachute? And they're like,
yeah. And I'm like, good. Check that one off my list. So you don't have a problem with it,
per se, unless you do those things. If you are somebody that is into adventure sports,
you better tell the truth or you're going to pay a very high penalty.
Now there's also something called a patron scan.
So the insurance companies are kind of like, well, I think that's probably okay.
You say you don't smoke and then you're seen smoking on Facebook.
That's probably okay.
But now we have patron scan.
This company sells three products, kiosk, desktop, and handheld systems.
And what it is is designed to help bar and roll.
restaurant owners manage customers. Patron scan is a subsidiary of the Canadian software company,
a biometric company. It's now on sale in the United States, Canada, Australia, and the
United Kingdom, and it helps spot fake IDs, but it also tracks troublemakers. So when you arrive at,
let's say, a patron scan using bar, what they do is they ask you for ID, they scan it. The company
maintains a list of objectionable customers designed to protect venues from people who have
previously had a problem in any bar, fighting sexual assault, drugs, theft, or any other bad
behavior. But the bad behavior, that list is up to each restaurant. So if you go into some
restaurant with a MAGA hat, can you be put on this scan? Now, if you are banned in one bar,
you will be banned in all bars that use this system. And that's in Australia, the United States,
the United Kingdom. No matter where you go, you are known as someone who can't go into the bar.
Now, the kind of behavior, all up to the individual bar.
The owners of each bar can ignore the bans if they want.
The data of non-offending customers is deleted in 90 days.
So even if you're not doing something wrong, they're still holding all your information for 90 days.
They keep a private list that are not shared with other bar.
if they want, but if you are a bad customer, it can be kept for five years. They do have an appeals
process, but it's up to the company, whether they listen to it or not. Uber and Airbnb, we all
know that when you get into an Uber, if the driver has written something bad about you,
you're probably not going to get into another Uber. If you have somebody who didn't like you,
can say whatever, you're going to not be able to use Uber. Airbnb is now the same. And that is a
private list. So if you are in an Airbnb, and think about how big Airbnb is now, if you're in
an Airbnb and the owner didn't like something or said you did something, even if you didn't do it,
they can alert Airbnb.
It's kept confidential.
You have no right to see what your accuser is telling you,
and you are banned from all Airbnb.
WhatsApp, also developing for communications,
a new social credit score.
For example, you can be banned on WhatsApp if too many other users block you.
You can also get banned for sending spam,
threatening messages.
trying to hack or reverse engineer the WhatsApp app
or using the service with an unauthorized app.
Now, this is small potatoes in the United States,
but not for the rest of the world,
because in many parts of the world,
this is the main form of communication.
Not being allowed to use WhatsApp in some countries
is like not being able to use a telephone in America.
Now, here's the problem.
Nobody likes antisocial, violent, rude, unhealthy.
reckless people.
We got it.
So what's wrong with this technology?
As I have said before,
what is now being built
completely changes our system.
We have always had protections
of the First and Second Amendment.
We've had protections of privacy,
supposedly, under the Constitution.
We don't anymore.
First Amendment, freedom of speech?
Nope.
How about freedom of assembly?
Nope.
Freedom of assembly with people that you choose.
Nope.
It's not protected.
Freedom of religion?
No.
They're banning Christian ads now just because they're Christian.
That doesn't sound like a good thing.
and that's protected by the Constitution.
Not really.
Second Amendment?
Nope.
Anybody can say, no, no guns here.
And they don't have to do anything about it.
They can pressure banks now to say don't do business
with the gun manufacturers or the gun businesses
or people who have a gun.
Don't do business with them.
We're going to cancel their financial services.
Totally fine because it's a private company.
don't quarter soldiers in the house.
Well, the NSA is already doing it, but so is, so is Google.
So is Amazon.
They're listening to your conversation.
There is no such thing as privacy anymore.
And no law can stop these things because they're private companies.
They can do whatever they want.
In China, they're doing it by force because the government.
China is going this way, just as Orwell.
predicted in 1984.
But just as Brave New World predicted,
Huxley said it would come with a big happy face on it.
It would come through service and it would be great and you'd want this service.
Both of those.
I remember a time within the last 10 years, people were saying,
oh, looks like Huxley was right, Orwell was wrong.
No, they were both right.
one
1984 fits the east
Huxley
applies to us
in the West
all right
so what's easy to get into
but hard to get out of
I would say a lot of sports cars
but that's not easy
that's not what a
the answer is credit card debt
with the average interest rate at
18% it's going to eat up
all of your savings and you're
going to have a hard time paying this off.
Now, if you're a homeowner, I highly recommend that you consolidate all of your high
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It could save you hundreds of dollars a month, even thousands or more.
The people I trust is American financing.
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They also don't have to reset your loan.
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I don't want to go back to a 30-year loan.
You don't have to.
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Please, please consider refinancing right now.
Get rid of your high credit card interest rates.
Make sure you're in and no more.
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If it goes down another point and a half, two points, great.
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So Eric Bowling sat down with Mike Pence yesterday.
We're going to get a recap from him in just a few minutes.
Also, coming up in about 15 minutes,
we have the people that are arguing in front of the Supreme Court today
about Prager being banned from or shadow banned with Google.
This is a really important Supreme Court case.
We'll talk to him just before he goes into the courtroom here in a few minutes to argue the case in front of the Supreme Court.
So yesterday, we talked a little bit about 5G.
And John Bolt, who is one of my favorite employees, and I just love working with him.
He is the guy who reads most of the email that comes in, and he hates it when I talk about how much I hate cats.
because all of the cat lovers write in.
And he's like, Glenn, you just wrecked my day.
So I apologize, but I do really hate cats.
Anyway, he said the only thing that has come close to rivaling it
is what I said yesterday about 5G.
5G, there is no evidence that 5G causes cancer.
None.
Zero zip.
It is most likely, I believe,
It's just as likely, if not more likely, that this is a rumor that was started by China or Russia to shake Americans off the track.
You have to understand if we don't do 5G, if we fall behind, things are going to change dramatically.
I believe we lose our superpower status almost overnight.
Silicon Valley will collapse on itself.
Invention, American ingenuity, gone.
Because if you miss this train, it will be like being in the second grade.
And in a year, everyone else that was with you in the second grade is now in the 12th grade.
And you're not even sure that you're going to be able to make it to the third grade.
It is really, really a huge deal.
and we can get into more of that probably on tomorrow's show.
But what I do want to say is I did some more research.
And yesterday I told you it doesn't cause cancer.
I want you to know that I was wrong.
Doing more research, I found that it does cause cancer,
but only in the heads of cats.
And so I urge you now even more strongly to make sure that we all have.
5G because you'll have high-speed internet and cat cancer.
And if you disagree, make sure you're right in because John loves these emails.
And I think it's fair that 5G would kill all the cats.
While we're surfing a very high-speed internet.
23 and me. I have a friend whose family has this legend. They're all from Kansas.
Originally, supposedly a few generations back in the family tree, a number of them were train robbers.
And my friend troked it up to family legend until recently he ordered the 23-and-me kit.
Well, it ended up matching him to some real relatives that he had never met, and he discovered that the legend was real.
Now, I don't know why you would want to be, you know, related to, you know, notorious bank robbers, but they were excited about it.
23 and me can help unlock your past and in the process you can learn about your genetic heritage,
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Also, if you choose to opt in, it will introduce you to relatives you didn't know.
I don't know why anybody wants to opt into that, but you can.
Most importantly, you can learn information about your health and what you can do about it.
Right now, to better know who you are, what you need to be aware of,
with your health, go to 23 and me.com slash Beck.
That's 23 and me.com slash Beck.
And find out who you really are.
Christmas stories with Glenn Beck, available at glenbeck.com.
All the tickets.
December 7th in Salt Lake City, cats are not welcome.
Welcome to the program, fellow Blaze co-worker,
Eric Bowling, who has heard on the Blaze.
Yeah.
Do we get minimum wage?
Have they raised the minimum wage yet, Glenn?
They haven't told me that.
No, I'm a long way from making $15 an hour,
and that's why I'm voting for Bernie Sanders.
So you met yesterday with the vice president.
Tell me about it.
Yeah, real interesting.
There's a Faith and Freedom conference, I guess a fundraiser that Jeff Duncan was putting
on in South Carolina.
And I had the opportunity.
They said, you want a little exclusive one-on-one with the vice president?
I said, absolutely.
I live in Charleston.
So I drove up to Greenville.
And I got a few, I got like 12 minutes with the vice president one-on-one exclusive.
And it was fantastic because, you know, I'm driving up there and I'm thinking,
there's so much going on right now.
There's so much going on in the Trump world.
Do I do this, how much, you know, as you know, Glenn,
you get someone that you've, who's doing kind of, you know, reaching out,
you're doing your favor doing a one-on-one exclusive.
How hard do you press the gas?
I said, you know what?
There's too much happening right now.
I've got to go full throttle.
And I did.
I asked them the important stuff.
I asked them what's the stuff with Nikki Haley?
You know, the ambassador tweeting that calm down, everyone were good friends with the vice president.
I said, yeah, yes, in point blank, is Nikki Haley vying to be the vice president in 2020?
You know?
And I said, has the president told you, you are his running mate in 2020?
I mean, those are questions I think he wasn't really expecting me to ask.
Yeah.
I will tell you this, because I've floated the theory among friends at the White House,
and I have said, you know, I have nothing against Mike Pence.
I really like Mike Pence.
And I think Mike Pence was one of the reasons why Donald Trump was elected
because he was able to galvanize the religious right and make people feel comfortable
with Donald Trump.
However, I think having Nikki Haley on the ticket with Donald Trump,
with no offense to Mike Pence,
I think would be very advantageous for the president this time around.
Yeah, I agree.
I think he couldn't lose with either one.
I think you're probably right that maybe, you know,
you check another box with Nikki Haley.
You know, Trump, you know, let's be honest,
I believe he's going to win with a wider margin than the last time, but a lot of it's going to come down to the suburbs and, you know, the female vote.
And Nikki Hayward certainly firm up that.
But I think it's either way, but I think it's easier ride with the female vice president.
I know that, I mean, I know when you have 12 minutes, you probably have four questions, maybe, if the person wants to, wants to talk.
Did you get into the economy at all and the trade war is, are they, do you get the sense?
that they are very well aware that if the economy turns,
this president's going to have a real uphill battle?
Yeah.
So, so yes, and that's why I started.
Because, you know, like I had said at the time,
the president was flying back from the G7,
and I said that we were in the midst of a trade war, China.
We've had conflicting comments coming out,
one from the president, one from Stephanie, Grisham's director,
another one from the president again.
I said, look, are we prepared the president,
said he's prepared to continue to raise tariffs on China in Phineum if they don't, if they don't
relent and play ball. And he says, we are. And I said, well, I said, you know, in all honesty,
Mr. Vice President, I'm, I'm against tariffs. And I love a lot of things that you guys are doing,
but tariffs is not one of the things I like. I said, but it seems to be working. I said,
is this, is this President Trump's idea or is this Steve Mnuchin talking in his ear with
Larry Cudlow in the other year, you know, playing
hardball with China. It was just coming from the president.
He said, he laughed. He said, Eric,
as you know, and I've known the president
for 15 years, as you know, the president
for a long time, he
has a lot of smart people around him, but everything
he does just comes directly from the president.
So he did. He weighed in on that,
and he's ready to play hardball with China. But I also
said, well, in that case, can I ask you
this? What's this idea about nuking
hurricanes?
And he laughed again. He said,
oh, you know, that, that didn't happen.
All right.
All right.
So when is this interview air?
We're going to put it up live tonight.
They tell me it's going to be up around 7 p.m. on the, on the Blades platform, like usual.
You know, my show usually comes out around 7 p.m. on Tuesday, one, take Thursday.
So that will come out tonight.
You know, it's really fascinating because I got into somebody.
I asked them, what's the, what's the Greenland idea?
What's that all about?
He really explained it in a way that I hadn't ever thought of it.
Like it became, you know, when I went into it thinking, you know, Trump sees it as, you know, a real, you know, high profile real estate buy and maybe some sort of, you know, what was the motivation?
I went through it.
Is it security?
Is it financial?
Yeah.
And he really broke it down and it made a ton of.
Yeah, I mean, Donald Trump, the press has made fun of Donald Trump on this one.
nobody should. We've had three or four presidents that have wanted to buy Greenland, and it is always gone sideways, but it actually is a very wise move if somebody could get it done.
Eric, we'll watch for that tonight only on Blaze TV. If you are not a subscriber, please subscribe and support the talent that is trying to find the answers for you.
You know, we are a good, solid team and voices that are across the spectrum of the conservative movement.
But we are all doing our very best to get you the truth.
Eric does America.
You can't spell America without Eric in the middle.
That's tonight.
You don't want to miss it.
It'll be download around 7 p.m.
Subscribe to the Blaze now.
Thanks, Eric.
We're going to go to the steps of the Supreme Court.
court in just about four minutes
standby for that.
There's a huge case going into oral arguments today
about Google and can they ban
and shadow ban things like Prager University.
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Is the Glimbeck program.
We go to Craig Strasiri, who is the CMO with Prager University.
Prager has been going through trouble with Google.
They are starting their lawsuit against Google today, Ninth Circuit Court.
I thought it was a Supreme Court, but it's not there yet.
It's Ninth Circuit Court, which is a crazy courtroom.
Welcome, Craig. How are you?
I'm great. Thank you, go ahead. Thank you for having me.
Sure. So as you're getting ready to go in and,
and present the oral arguments.
Tell me, tell the listeners first exactly what you are, you're fighting.
Yeah, so Google and YouTube, as you know, they are a giant corporation
that has a lot of power and control and can control what people see.
And so over the past few years, the problem has only continued to get worse.
And so there are now over 200 Prager You videos that are being restricted.
You get this, Glenn, five of the videos that Dennis Prager does on the Ten Commandments are being restricted.
So they don't even hide their bias at this point.
It's really unfortunate.
So our case is really centered around this argument about a public forum,
the distinction between a public forum and a publisher.
And so a public forum, which could be a physical location or could be a website,
is a place where the business invites someone to come on.
Excuse me, sorry.
The business invites the public to come and use their platform for speech.
So YouTube says anyone can come on here and give us their purpose.
opinion, but then they turn around and censor us for their political viewpoint. So that's the
basis of our lawsuit. What do you think the odds are of winning? Because this doesn't just affect
you. That affects really anybody who is being shadow banned. And it is, in my opinion, critical
that you win this. If you lose this, and I'm guessing you will in the Ninth Circuit Court of
Appeals because they're insane. But if you do lose this,
This is a very bad blow to freedom of speech.
These corporations will have no restrictions on any of their behavior.
No, that's right.
That's exactly right.
And the Ninth Circuit is crazy.
And if we lose it, we're in big trouble.
It's getting more and more scary.
And if they have the power to control what people see and just restrict content that they disagree with,
then this is really scary.
And most of America doesn't even know this is going on
because the mainstream media has completely ignored this issue.
Well, they're doing things like, for instance,
they are banning Prager University.
As you said, 200 different videos.
Dennis is the best voice ever on the Ten Commandments.
I mean, his books on, you know,
his books on the Old Testament and his videos on the Ten Commandments.
There's just nobody even close to him.
There's nothing that is, you know,
know, political partisan that is going on with that.
This is just an anti-religious bias that they have.
Yeah, exactly.
I mean, it clearly shows that they're targeting us for our identity.
And I'm sure your listeners may be aware that Project Veritas just had a couple
Google whistleblowers come out.
You know, one of them mentioned that you guys, you and your show is on a black list,
but they've also mentioned that Crager You has been targeted.
Their own employees are coming out and admitting that they're targeting conservative.
And like you said, Dennis' message in the Ten Commandments are so mainstream that it's really getting to be absurd at this point.
Their own employees are admitting it, yet they continue to go in front of Congress, and they continue to say that they're politically neutral, which is obviously a lie.
So what is your attack? I mean, what is the, you know, you're going up against Google who has more money and power than God at this point.
What is your strategy?
Well, this is the classic case of David and Goliath.
And one reason I'm really proud to work and represent Prager You is that we're fighters.
Dennis always says that courage, our goodness without courage, is useful.
So we're very courageous at Prager You, and we're really fighting for freedom of speech,
not just for Prager You, but for all Americans.
So this is a very important case, and there's going to be a lot of supporters there today
at the courthouse for Prager You, which is very exciting.
A lot of people recognize how important this case is.
And so, yes, the Ninth Circuit is crazy, but we're going to take this as far in as long as we need to
all the way up to the Supreme Court to keep fighting.
Well, the good news is if you're turned down by the Ninth Circuit Court,
they are the most overturned court in the country.
I mean, if they say the sky is blue, I'll swear to you that it's red
because they're wrong almost every time.
That is true.
Yeah.
All right, Craig, best of luck.
Anything that we can do to help?
Yes, I would encourage your listeners.
Please go to Prageru.com.
We have a petition against you, too, that 600,000 people have our
already signed. If they're so willing and generous that we are a nonprofit and any donation will
help us keep spreading public awareness on this issue. So we've got to keep fighting and I appreciate
you having me on. You bet. Thanks, Craig. Appreciate it. There is, there are only a handful of things
that I believe are godsends and things that will actually help save the country. Operation OUR,
the underground railroad, the saving of children in the sex slave racket, 40 million slaves around the world.
That, the Nazarene Fund, I think, is critical.
And Prager University is another one.
It is, I just don't think that there's anybody that reaches as many people, especially young people.
as Prager University.
I mean, they are up to, I think, their billionth view.
And they have just swept the Internet
and their watch all over the world.
And it's really important work.
If you can support them.
And that's either financially or just through a prayer today
would be helpful.
Prager University.
Yeah, things like their video on the Electoral College.
Like, it's something like that
that is like one of the only things standing in the way
of younger people just getting on the national popular vote bandwagon.
When it's actually explained, which never happens in the media,
people understand it pretty easily.
But it takes four or five minutes.
And is that something that, you know,
the media will actually dedicate to an important topic like this?
No.
You know, yesterday I did a special hour, hour number two this week,
or at least for the next, I think two or three days,
is going to be about the economy and all the things that you need to know.
Today, the truth about recessions.
Recessions are good and bad for the politician.
And we'll explain the truth about recessions that nobody really ever explains anymore.
We've completely gone off the deep end on this.
And it's because of the Fed.
Yesterday, we explained, I had so much mail yesterday,
and people came in to my office yesterday, and they were like,
Glenn, thank you for that monologue.
on how important America is.
We gave you some stats yesterday about how the sovereign funds from almost all of the countries around the world are all investing in our stock market and in our bonds because it's the only return.
We are the last one that is offering real returns and you can't make money anyplace else.
if we fail, if we falter, the entire world falters.
If we get off of the free market, which Elizabeth Warren will do,
the entire world goes to hell.
And that's not hyperbole.
If we fail economically, everything goes to hell in a handbasket.
And by the way, the poll that's not hyperbole.
came out yesterday. I've been waiting to ask you
about it. And it came out yesterday.
That's a real pole,
isn't it? The mammoth pole? Yes.
Showing a three-way tie, basically. Yes.
Yes, absolutely. One of the highest rated
pollsters there is. Now, it's one pole.
There's only been one other one that's shown
a result like this.
That one was a little bit shaky, but this one is
A-plus. Yeah, an A-plus rated pollster.
I mean, Elizabeth Warren could be our next
president. You're listening to
Glenn Beck.
We have
we have an hour on the economy.
Yesterday, we told you why America's economy was so important.
Today, we talk about recessions.
They're good for economies.
They're bad for people and presidents.
And you'll learn the nasty secret about recessions that the media will never tell you.
The fusion of entertainment and enlightenment.
This is the glimmy.
program. All this week, in this time period, I'm going to be talking to you about the economy,
what's coming, what you need to know, explaining things that maybe the mainstream media just
can't find time to explain. Yesterday, I explained to you why China is so dangerous. Playing
some sort of chicken with China is not necessarily a very good idea. They have. They have
a Trump card, no pun intended, and I told you about that yesterday. Also, whose fault is it if the economy goes down?
If you didn't hear it yesterday, please go back to the podcast and listen to it. Today, we're going to talk to you about recessions. What are they?
Well, they're good for economies. They're just painful for people and very bad for presidents. We begin there, and we'll
One minute.
This is the Glenn Beck program.
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Recessions. Good for economies.
Harsh on people. Bad for presidents.
Now, I don't want to sound like Bill Maher, and I don't want to step into his quagmire.
If sounding like I'm wishing or supportive of a recession striking the U.S. economy, let me start.
by emphatically stating, I neither hope for a recession, nor am I forecasting one to occur now,
soon, next year, or at any particular time.
We're off the charts on recessions, so no one knows.
Mar has gotten himself into trouble because he's openly wishing for the economy to crash into
recession, despite the fact that it will be devastating to millions of Americans who will
lose their jobs. Many of them will lose their homes or their businesses. He believes that we should
have a recession between now and November 2020 because Trump will lose his reelection bid, and that
would make it worth it even though other people are suffering. Now, that's easy for a guy who's
worth over $100 million to say, but let me say, I pray every day that we do not experience a
recession because unlike Mar, I'd really rather not see any American, whether I agree or disagree with
them, suffer an economic downturn. And also, because when it comes to the re-election of Donald Trump,
I think Bill Maher is right about that. If a recession happens and the economy goes off the
rails, he will be blamed. First-term presidents are really susceptible to recessions
dooming their chances at serving a second term.
And Trump has attached much of his presidency and his campaign performance of the U.S. economy.
If you're taking credit for everything, you're going to get blamed for everything as well.
But first, before we really get into this, let me explain so we're on the same page.
For today's purposes, I'm discussing the textbook definition of an economic recession.
that's two or more quarters of declining gross domestic products,
six months or more where the total financial output of the United States is shrinking.
Now, historically speaking,
the United States experiences a recession about every seven years.
Remember that number.
Every seven years we have a recession.
It's going to come into play later and you're going to be,
I think it's a piece, a puzzle piece that falls in and you're like,
Oh, my gosh.
Now, we're currently sitting at 10 years since the last recession, the Great Recession,
followed the 2007-2008 financial crisis.
It's been 10 years now.
This represents the period we're in now, the longest period of financial expansion in all of U.S. history.
That should tell you something.
So in a way, we are way overdue for our next recession already.
You know, but that's, you know, like saying Los Angeles,
they're overdue for a major earthquake because they hadn't had one in a while.
You know, it makes for, you know, great headlines and everybody wants to read it,
but it's not science.
Now, there's a great misconception about recessions,
and this comes from the progressive movement around the turn of the century.
It's all really due because of politicians,
in part because the media and in part because of our general tenancy,
toward finding a scapegoat when something, quote, goes wrong, end quote.
But here's the counterintuitive truth.
You might need duct tape to wrap around your head so your head doesn't explode when I say this to you.
Just because a recession occurs, it doesn't necessarily, in fact, it usually does not mean anything has gone.
gone, quote, wrong, end quote.
In a healthy, functional market economy, recessions are normal, they're natural, and a healthy
process of the business cycle.
Now, that's hard to say.
I'm a small business owner.
I am also a rancher.
I have a farm.
I know what farmers are going through right now.
We're going through it.
I am a small business owner.
I know what it is like.
I know homes can be foreclosed on by banks.
Families are evicted during recessions.
Life savings can be wiped out.
Farmers lose their land.
Ranchers are forced to sell their herds.
Small business owners are forced to cut back on workers
have to lay people off or they lose their business.
So I have been through that process myself.
It is painful.
emotional and it has a real world impact. Nobody wants to go through that. Nobody wants to see
anybody else go through that. It's a hard time. But that is the trap. Everything is supposed to be
easy. Well, life is not naturally easy. When something is truly easy all the time, it goes against
nature. A financial downturn can negatively impact many people. So we tend to automatically think of them
as bad things. And so we look for ways to stop them. That's natural. But it's wrong because it is
going against the natural force. To stop them, we invent organizations like the Federal Reserve.
that was created to stop the so-called boom and bus cycles that we were, you know, in great pain from.
We had boom-and-bust cycles.
We had depressions that would last a year.
Everybody would lose everything, and then it would start back up,
and everything would be good for seven to ten years.
And then it got bad.
So what we did is we invented the Federal Reserve.
Did it work?
No.
No.
Two years after the Federal Reserve was formed, the U.S. experienced an economic depression.
1920, I think it was.
Then, 12 years later, the stock market suffered the worst crash ever.
America entered the Great Depression, and we've had a dozen recessions since then.
In fact, since the creation of the Federal Reserve system,
both the frequency and the severity of U.S. recessions has increased, not decreased.
and you're going to understand why in a minute.
To stop a recession, we create national job programs.
We enact government infrastructure, spending programs.
We bail out banks.
We bail out auto manufacturing, entire industries.
The Fed pumps trillions of dollars into the economy by buying bad mortgages,
government bonds, stocks, and failing pension funds.
Yet, each recession.
recession we fight makes the next one much, much worse.
Let me take a quick break, and then I'm going to come back and tell you exactly why we
shouldn't be intervening into financial markets, because it makes things worse, and I'll
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We break for 10-second station ID.
Continuing part two on our week-long series on the economy and things that you need to know and understand if you're going to weather the storms that are ahead.
I want you to imagine for a minute that there is no Federal Reserve.
Yay.
There's no legal authority for the government to bail out any person or any industry.
We just have a simple, truly free market economy.
Now, in this world that you're imagining now,
during periods of economic expansion, investments get made.
People are inventing things.
They launch new businesses.
They speculate by investing in stocks.
Banks loan money to entrepreneurs.
People buy new cars, new phones, TVs, jet skis.
They take out loans to build an addition to their home.
Things are expanding and things are good.
However, the bank can't, you know, make every investment that the bank is making by giving loans a great investment.
People can't do that.
People have really good ideas for businesses.
Maybe their timing is off.
Maybe they misread the market.
Maybe it's a crappy idea.
But businesses fail.
Not every investment that gets made is equally wise or good.
Not every product that is launched or business idea has the same market value.
Investments, whether made to launch a new business or in a given stock,
eventually either work out or they don't.
The smarter, wiser, or luckier investment goes up in value, and there's a payout.
The foolish, risky, or just unlucky investment lose values and goes bad.
this is not necessarily anybody's fault.
Sometimes it is.
Sometimes it's not.
You could have an entire society, a very well-intentioned, hardworking, and perfectly moral people, and this will occur.
Because not every idea meets with success.
So some investments work out, some don't.
And when the bad or the unlucky investments go bad, they have to get flushed out of the system.
and the capital and the energy in which has been allocated to that unproductive investment has to be redeployed to new, hopefully more productive ones.
So the small business owner who opened a restaurant that just didn't end up being as popular as they hoped has to close the doors.
The homemakers whose handmade crafts are not selling on Etsy has to close down her website.
The company who invested billions of dollars trying to invent the perpetual motion machine has failed and now has to lay off all of its employees and close their doors.
That's the normal cycle. Some things are good, some things are bad.
No outside shock or stock market crash was needed. No yield curve inversion, no war, no drought, or Hurricane Ivan.
There were no nefarious actors or crooks like Gordon Gecko or Bernie Madoff.
It was just the natural business cycle of self-organizing systems coming back into balance
and reallocating energy and resources from underperforming activities to more productive ones.
It's how we grow and get better.
There's a setback.
We learn from it.
We get better.
Now, let's go back to seven years.
Why does every recession happen 10,
occur every seven years. It's because the average business loan is five to seven years long.
So it's as simple as that. Don't let any economists tell you anything different. About two years into
economic expansion, money is lent out in earnest by banks to entrepreneurs who start or expand
their business. Some of those businesses fail.
Some succeed.
And because the average loan is about five years long, the businesses that are failing tend to start not paying things back about six or seven years into the economic expansion.
So banks have to write off those losses.
They lend less.
Businesses lay people off.
The economy absorbs the cycle of higher unemployment and financial slowdown as a recession.
It's a period usually less than a year where the economy shrinks as bad investment, bad debt, and bad ideas flushed out of the system.
Now, the president of Bridgewater Capital, that's one of the world's largest head fund, calls this part of the cycle the de-leveraging phase.
Unsound or unlucky investments have to be flushed out of the financial system.
and then a new period of investments and economic expansion occurs.
Now, yes, when a recession occurs, otherwise innocent people are negatively impacted, sometimes severely.
The server at the restaurant, they didn't do anything to deserve being laid off.
She's going to have to deal with not having a job, not having income.
Her children are going to suffer.
Everyone's going to suffer.
The auto worker whose bosses decide to invest billions in that perpetual.
motion engine didn't make a bad decision.
It was the bosses that did, but they're going to be laid off.
They deserve our sympathy.
And I believe more importantly, they deserve our help and assistance, but not through
a federal system.
Instead, as a community, as people with a social contract that we have with our
neighbors.
we help people.
The further we get away from farming,
the further we get away from this truth.
You might be the best farmer,
but for some reason,
something went wrong, weather, water, whatever it is,
something went wrong and you have a failing crop.
The other farmers around you, no,
I'm going to help this person,
and they rally around and they help each other
because they know some year down the road, they're going to need the help.
And it's a social contract.
It's what keeps our farming community solid.
Now, instead of doing those things,
instead of understanding the natural and healthy cycle that exists within a free market economy,
which rewards the best ideas with sustained overall growth,
we try to create a centrally planned system that will provide for,
positive growth for everybody.
No one will ever
suffer. It's going to be
great for all businesses at all time.
We tend
to believe that somehow
this politician or this central banker
can prevent a recession
from ever occurring.
It's not
possible.
If the government were in charge of
everything, then smart bureaucrats
and committees could decide on what ideas
are good and bad, what to build,
when this is the Elizabeth Warren plan
what consumers want need
all by Harvard trained economists
who now live in Georgetown
and they are much smarter than Ma and Paw Kettle
in small town USA
let me continue
you will understand
the free market
you will understand Bernie Sanders and
Elizabeth Warren
and why
a recession
is normal
and natural
and you should not freak out.
Instead, we should actually freak out
that the government is bailing everyone out.
We've had 10 years past our last recession.
The next one could be worse.
You're listening to Glenn Beck.
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Welcome to the program,
the Glenn Beck program.
I'm talking about recessions today,
and it's important for you to understand this.
I'm trying to give you a week
at this hour of economic
food to chew on.
Because I believe between now and 2030,
the world is going to be facing economic collapse.
And even the strongest free market advocate, when they're affected, they're going to rush towards socialism.
We, if this economy doesn't hold together, if Donald Trump loses this race, God help us all.
Because you're going to have somebody like Elizabeth Warren, and she is going to use the motherly, we just need to take.
care of each other kind of thing and we will end the free market. It's part of her plan.
So it's important that we all know what is right and why it's right. Now, recessions can be
prevented. They can be lessened with zero percent interest loans. They can flood the market with
with cheap money. It doesn't usually help the lower class and middle class doesn't
really get rich. It actually expands the distance between the poor and the wealthy. But financial
mishaps can be prevented with government bailouts. That's what we did in 08. Poor investments can be
prevented with economic district planned, you know, by appointed committees. Financial cycles
can be prevented completely, now listen to this, by way of the modern monetary theory,
MMT and this is a new theory. It's not. It's a very old theory and it is it does not work. It's magic.
We'll get into this later on this week, but it is where governments simply print money they need at any time they determine they need it and any level of money.
It is, it's Zimbabwe, it is Venezuela and it will end our way of life. And you have
people in Washington now discussing it as a brilliant new idea.
So you can do a lot of things, but what tends to occur when governments and central banks
interfere with financial markets is they make the recession much worse.
So the next recession, you know, becomes a depression.
It wouldn't have happened that way if you would have let it just go and people pay for the
mistakes that they made.
It creates a distortion in our financial.
market by injecting policies and currency and false demand where it would not have otherwise been.
It makes it impossible, the de-leveraging process.
It doesn't happen.
It doesn't flush the bad business ideas and investments out of the system and make room for
new better ideas.
The banks never had to pay for their mistakes, and they are much worse today, even with all the
new regulation, than they were before 2008.
Now, I want to show you the worst example of a centrally planned and controlled economy and how it makes things worse.
It's China.
Yesterday, I told you that their debt to GDP is running at 400 and, what was it, 87% to GDP.
What?
We're running at about 68% of GDP, which means take 68% of 80% of GDP, which means take 68% of
everything that we have made and sold and purchased for the year,
take 68% of that and just add that to our debt.
They're at negative 487%.
They are centrally planned.
They have 13 special economic zones.
Each one has a committee to determine what to bill,
what investments to make, what resources to mind.
And for years, pundits, the media,
people in banking, they all talk about the Chinese miracle,
an unprecedented 22 years in a row of GDP growth,
at least on paper.
This is why they have ghost cities,
entire gigantic cities with no one living in them.
According to Merrill Lynch,
more than 50% of the companies in China are actually bankrupt, 50%.
They are zombie companies.
They're kept alive not because they're able to produce a profit or pay debts,
but because their debts are continually refinanced by the central bank
in a never-ending cycle of more debt to cover the bad investments.
It's the very definition of good money after bad.
This is why, as I told you yesterday, they had to create $50 trillion in new currency since 2014.
50 trillion. So you know all the currency
in print from all over the world,
today is 60 trillion.
So they
printed almost what every
country in the world has
in currency.
And half of that
went into these
zombie companies.
Wow. Now
what happens when bad companies and
poor investments aren't allowed to fail
for political reasons?
Well, one analogy is
think of forest fires.
Think of forest fires.
We have this knee-jerk reaction when a forest fire occurs.
Oh, no, there's a fire.
Something's gone wrong.
We've got to put it out.
We've got to save the forests.
Well, no, now wait a minute.
Hold it just a second.
The forest will grow back.
It will grow back.
It is natural.
Now, if somebody is doing arson, that's different.
But lightning is natural.
We have more forest now than we've ever had.
because why?
We don't let them burn like it happened in nature.
And we also plant an awful lot of trees.
We all know that it's settled science that fires are a very important part of the ecological cycle.
It helps keep the forest healthy.
It also removes the older, unhealthy and dead plants and converts the,
them into a nutritional resource for the soil and it allows a much healthier forest to grow.
Our continued intervention into that natural cycle of forest fire prevents the dead underbrush
and the fallen trees from being removed.
This is why California has fire after fire after fire.
The fire, when you do that, the fire just roll.
through. It becomes an out-of-control
firestorm that destroys the entire forest
and not just the dead and unhealthy underbrush.
The credit cycle is the same.
It is the natural way for self-organizing markets
to ensure that resources are allocated
to the healthiest and most productive ideas,
products and companies,
and when they go out of business,
when people learn their lesson,
and they pay the price for bad decisions,
it's painful, just like a forest fire.
is, but it adds nutrients to the soil of the free market.
So it's good for economies.
However, if you interfere, it's very bad.
A little spotfire pops up in the economy.
We extinguish it with mountains of zero interest loans, bailouts from government investments.
We are making it much, much worse.
our economy is strewn now with overgrown companies and programs that simply grow the bubble even bigger.
It's happening in the banking sector, which brings us to presidents.
It is understandable that politicians do not like recessions.
I don't want a recession, and I'm telling you if the economy goes to hell in a handbasket,
which many people are rooting for.
It means the president loses this.
And if he loses this race, we become a planned society without a free market.
During recessions, everybody's looking for somebody to blame.
Because we think recessions are not natural that they're bad.
The president, the most visible politician, he has the most authority.
And so he gets an outsized share of the blame when, quote, something goes wrong.
And if you look at the presidency since World War II, every one-term president had their first term marred by a recession.
Ford, Carter, Bush, won.
Ford probably was doomed anyway because of Nixon, but the trend holds.
Before World War II, recessions also took their toll with, you know, with four one-term presidents suffering through a recession or depression during the first term, two others were assassinated.
and FDR did break the mold
but he was you know
he elongated I think the worst economy in U.S. history
and he sold the people
a line of lies that were just that
they were lies they were not helping anyone
they were elongating things
and he did it out of compassion
which can be misplaced
Trump
however I think is
the most acute case of recession impacting re-election chances that we've ever seen. Because he has
built his presidency on the economy. He has taken credit for everything. So stocks are up, unemployment
low, GDP growth, been solid every quarter, top line metrics look good. He talks about it. He says,
see what we're doing is good. It makes him vulnerable to a downturn, very vulnerable, especially in this,
the media and everybody else is just not telling you the truth.
He knows this, and he's going to be keenly focused on the economy,
make sure it doesn't slip into recession.
I think it all costs.
He and his team are already advocating a Fed cut for interest rates,
restart the quantitative easing by buying distressed assets like farmers that are losing their farms.
And we should expect more of that over the,
the next few months. Now, here's some good news. Everybody in the Fed, they are looking at,
they look at themselves like heroes. They are, they are Jesus, Neo from the Matrix, you know,
and Ben Bernanke all rolled up into one. They just, they didn't learn anything from this. They
think what they did was save the economy. And in some ways, they were right. The, the federal
Reserve did reload after the bailouts of 2009.
Central banks around the world did not, but we raised our interest rates off the
0% level.
We got them up to 2.5 and we sold a lot of that bad debt until recently.
Every time we sold it, the market crashed 20%, first in January, then in April, then October
to Christmas.
and since then they haven't deleveraged anything,
but they do have some ammo to stave off a recession,
at least for a while,
but it will make the next one worse.
Now here's what we can do.
We can prepare ourselves and our families,
our businesses, and our communities.
We can keep what we have in safe places.
We can make sure that we have savings,
and it may mean that you sacrifice, you know,
something you want today,
for, you know, so you have something when it's raining outside.
You can pay off the debt where you can.
You can refinance right now into a lower interest rate.
Get those credit card debt.
Get it down.
Get your interest rate on the credit cards from 18% to 4% if you can.
Cut back on all unnecessary expenses.
And I know this sounds stupid.
But I think one of the reasons why we suffer so much today is because we have broken our covenant as a covenant nation every single day.
We have chased God out of our schools, out of our churches, many of them.
We don't have any rules anymore.
We don't believe in truth anymore.
And we were a covenant nation.
We have to start living the covenant.
We have to start behaving like God's people, which means we have to start serving each other more.
We have to start being decent more.
We have to restrain the natural man in us.
And the biggest part of that is getting down on our knees, humbling ourselves, asking for forgiveness, and praying for our country.
praying that what his will is is done.
Whether we like it or not,
whatever he deems is best for us,
that it's done and we accept it
and that our hearts are softened
so we can help one another through whatever comes.
More tomorrow.
Somewhere within the sound of my voice,
there is a man with a whistle around his neck
and he is aching to hear it shrill,
just one more time.
He gets up in the morning, he goes for a walk,
and he walks the sidelines of a dew-covered gridiron,
and his Tocovus boots making a fine, firm noise.
Now, time was, he played on that field,
and then he took the boys to state almost every year
as he became the coach.
And every time, it was almost as satisfying
as if he had managed to go himself back in the old days.
the boys stood for something immortal in that game,
just as Tocovus Boots stands for something immortal in him now.
It's about character and quality.
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to covis.com slash Beck, Westernware, for your frontier.
You're listening to Glenn Beck.
Yeah, congratulations to the Republican governor of Idaho.
Brad Little is his name.
He was told by the three judges on the Ninth Circuit Court of Appeals
that the state of Idaho must pay for the male to female gender reassignment surgery
of an inmate sentenced to 10 years in prison for sexually abusing a 15-year-old boy.
Only attracted to boys, I guess, because he's actually a female,
and he wants to be reassigned as a female.
That's about a $20,000 to $30,000 surgery.
The governor said, no, I don't think the taxpayers are going to pay for that.
I agree 110%.
pain and suffering, cruel and unusual punishment is what the court says.
You're listening to Glenn.
I am happy. I'm back.
Thank you very much, Hillary.
Because you vacationed at home.
It's not a vacation.
It was not a vacation.
Did you do that by choice, or did your wife make you do it?
I was just a long weekend.
I had, you know, we had some work going on at the house.
What do you have going on in the house?
We had some stuff like getting fixed and installed.
And then I've been like, you know, you know those things that build up on your lists of things to do.
I've got a whole...
I've been avoiding them now
for about five years.
Yes.
And I've got to take care of all of them now
and it's like...
We live on the street
that was built in like 2006,
2007, 2008,
like all the houses on it.
So right before the housing collapse.
And so
all the houses that were built
in that time frame
within the last like two months
have all replaced their roof.
And I'm like,
this is freaking coming to me,
isn't it?
Oh, yeah.
This is like...
We haven't had to do it yet.
we have any issues, but like, I'm what?
Those are fun.
Oh, no, I don't want to do that.
Those are fun. I don't want to do it.
All right, Rob Henderson is joining us next.
He wrote a great article in the New York Post I read this weekend.
Luxury Beliefs are the latest status symbol for rich Americans.
Great points. Next.
Oh, you know what, Lovie?
Climate change.
Everyone should have renewable energy.
Why don't, why doesn't everyone get renewable energy?
Well, maybe because, uh,
Most people can't afford it.
You know, marriage is, you know, monogamy is outdated and not good for society.
Of course, I'm married, but marriage isn't for everyone.
Yet the rich, their marriage rate is the same as it was in 1960.
Everyone else is collapsing.
You know, religion is really not good for...
Oh, really, is it?
There's a great article from Rob Henderson,
I read it this weekend in the New York Post.
Luxury Beliefs.
They're the latest status symbol for rich Americans.
Just that is so true.
But when you hear the effect of what that status symbol is doing to everyone else,
it really rings home as something that is very, very bad for our society.
We go there in one minute.
This is the Glembeck program.
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So Rob Henderson writes in the New York Post,
a former classmate from Yale recently told me
that monogamy is kind of outdated, not good for society.
So I asked her what her background is
and if she planned on marrying.
She said she comes from an affluent family,
works at a well-known technology company,
and yes, she personally intends to have a monogamous marriage,
but quickly added that marriage shouldn't have to be for everyone.
But she was raised by a traditional fan,
family. She planned on having a traditional family, but she maintained that traditional families are old-fashioned and society should evolve beyond them. I asked myself, what could explain this? Welcome to the program, Rob Henderson. How are you, sir?
Good, Glenn. Thanks for having me. You bet. I really enjoyed your article. What explains that? And why is it a problem?
Yeah, well, you know, Glenn, I study social psychology.
and how people are influenced by others as a PhD student at Cambridge.
And based on a lot of research, it seems that social status is a key driver
in how people think and how we behave.
And in fact, a lot of this research shows that respect and admiration from our peers
contributes more to our sense of well-being than even how much money we make.
And so this is sort of how I came up with the idea of luxury beliefs.
And so we experienced this sort of pleasure to or pressure to display our status in new ways.
And, you know, one way we do this is by displaying, you know, sort of our prestige, our intelligence, our education.
And, you know, we do this by coming up with sort of clever and bizarre arguments, you know, and so one concern that I have is that, you know, the beliefs of the beliefs of the upper class, you know, they continue to change and update as people below them adopt these beliefs.
And so their beliefs, the upper class beliefs become more wild and more exotic and further distance themselves from ordinary people.
they're sort of constantly updating their belief wardrobe.
So what is causing them to do that?
And because in the old days, if you were rich,
you might have lived a different lifestyle,
like the Vanderbilt's lived a different lifestyle,
but they didn't want to be known as denigrating
or tearing apart everyone else.
They wanted to be seen
as the average, decent American.
What's happened?
Yeah, well, I think, you know, two things might be going on.
One is that sort of luxury goods and having, you know, fancy items,
it's just these goods are becoming more affordable so everyone can purchase them.
And another is that it's maybe not so cool to display your wealth with material goods anymore.
I think a lot of people maybe think it's sort of tacky or it sort of makes people feel bad if I get to afford this item, but you don't get to have it.
And so both of those things simultaneously make material goods not so appealing.
So a new way that the upper class can display their status is to have these sort of unusual and in some cases even bizarre beliefs.
And, you know, in many cases they hold these beliefs with good intentions.
They think that they're maybe doing the right thing.
But I think alongside that maybe more kindhearted motive is also this motive to sort of display their social class.
So give me some examples of luxury beliefs.
Sure.
So one belief that I talk about in the New York Post article is the belief that all family structures are equal.
there's this sort of non-judgmental attitude that a lot of educated people have, you know,
whether you're single parent or a step-parent or have a, you know, a polyamorous sort of situation
with the parents, you know, they're all equal. But, you know, the actual empirical evidence
is clear that families with two married parents are, you know, the safest and most beneficial
for young children. And, you know, often it's members of the upper class who, you know,
as you noted reading the article there, that grew up with two married parents.
And somehow these are the sort of, you know, on the, of the belief that, you know, monogamy is outdated or that, you know, marriage is some kind of, you know, an oppressive structure or that, you know, all families are exactly the same.
And I think this relaxed attitude about monogamy and marriage, it trickles down to the working class and the poor.
And, you know, as you said, you know, marriage rates between the upper class and lower class Americans were actually quite similar in the 1960s because there were strong.
social norms in place.
And then affluent Americans during that time started expressing more skepticism about marriage
and monogamy.
And this sort of trickled down to the lower classes and eroded the social norms for
those people.
But for the upper classes, marriage rates actually remained roughly steady, such that
they're basically getting married at the same rates today.
So why the disconnect?
Why the people preaching it?
They say this.
do they not believe it?
You know, that's an interesting question about belief.
I think that many of them probably do believe it on some level,
but I'm also not entirely sure how much belief actually matters.
I think that this drive for social status is so strong
that people can kind of convince themselves of, you know, strange beliefs
if it gives them the sort of respect and the admiration of their peers.
You know, if it's trendy and cool in the moment in one social,
group to say that, you know, polyamory is, is fine.
Then people will just say that because they don't want to risk being ostracized and
outcast by, you know, their peers.
So, so help me out on one thing.
How did it become a luxury to have some of these beliefs?
For instance, all families are equal.
That really started, at least the way I see it, either one of two ways.
It either started as a, you know, deconstruction kind of postmodernism plan and was planted to, to destroy our society, or it came from a place to where nobody wants to, nobody wants to harm or say things that makes the single mom, you know, or the mixed family feel bad.
And so you're like, no, you know, you have a good, you have a good marriage and you have a good marriage and you have a
a, you know, or you have a good family and your family is mixed. And so that's fine, whatever.
But we, we can't seem to find it within ourselves to actually go the extra step and say,
nothing to do with you. But if there is a choice, it's best that the family stays together.
I know this first. I'm a divorced guy. And from my first marriage, I have two children.
it would have been a lot better for them if mom and dad were still together.
Their life dramatically changed.
Their scars and everything else, which is normal.
That doesn't make me a bad guy or, you know, or mom a bad guy, a bad person.
It's just that happens sometimes.
But we should be able to say, yeah, but that's the goal to get here.
How come we don't say that?
How come that, how come, why is that?
gone. Yeah, well, I mean, I think the first reason you, you posited there about, you know,
sort of postmodern deconstruction, I think that that's, that's an example of sort of displaying
one's intelligence and education. You know, you can only learn an idea like that in an
university or at college, right? I mean, you know, ordinary people aren't spending their days
reading about, you know, Derida or Foucault or something like that. Right. And I think,
I think the second reason you said, you know, this idea of like, you know, we don't want to, we don't want to make people feel bad.
We don't want to judge people.
Yeah, I think there's this, you know, belief that, you know, they're downtrodden and we shouldn't make others feel bad and we shouldn't, you know, sort of elevate ourselves above them by telling them that certain things, certain behaviors lead to better outcomes than others.
So, yeah, I think on the one hand, it makes us feel good to have these, you know, sort of fancy beliefs about postmodernism.
And then we also don't want to make others feel bad about their lifestyle choices.
And a luxury belief would be the one that maybe comes from you understanding postmodernism and understanding, or is it just at the level of, I just don't want to be ostracized.
And this is what my peers are saying because they went to college and were indoctinated with this crap.
I think both of those are, you know, sort of key components of luxury beliefs.
And, you know, the way that luxury beliefs impose costs on others, you know, first, you know,
the expression of luxury beliefs require, you know, learning that sort of complicated vocabulary.
And then, you know, on the other hand, the luxury belief of it doesn't matter, you know, things are exactly the same.
I don't want to judge.
And, yeah, I think that there's a, there's sort of both of those components at,
work here so that the outcome is that the person expressing this belief is raising their status,
while also intentionally are not creating harm for people below them.
You point something out that I think is so good in this.
You talk about the religion is irrational or harmful.
Members of the upper class are likely to be atheist or non-religious, but they have resources
and access to thrive without a unifying social.
edifice of religion. Tell me why the upper class is different than the lower class in this.
You've talked about it in an article. Yeah, I mean, yeah, a lot of members of the upper class
seem to have a sort of passy attitude towards religion that, you know, they're non-religious
or, you know, atheist or agnostic, and they sort of approach religion from an intellectual
standpoint. But they also have, you know, in their own lives.
The upper classes tend to have resources and social connections to thrive without having to rely on their neighbors or their community, you know, the sort of people who are around them.
And I think religion sort of provides that unifying social edivists so that people can come together and have a reason to care for one another.
And I think that, yeah, denigrating the importance of religion doesn't really harm the rich very much.
harms the poor, you know, lack of religion can give rise to sort of
meaninglessness and feelings of despair. Well, whereas the rich, they already
have those resources. They already have the access. And oftentimes, they find
their meaning through, you know, traveling the world or through
unusual hobbies or... Or even their work, as you point out, even their
profession, they might have a profession, but most people have a job.
And there's a huge difference. Right. Yeah, exactly. Most...
I only have about 40 seconds left.
Can you just tell me, where are we in this trend?
I mean, you know, fashion clothing goes out of style.
Are we at the beginning of this, middle of this?
Where are we?
Yeah, so it's interesting.
I think that one sign that we may be shifting trends here is the popularity of this article and of itself.
You know, I think that a lot of the things that I point out in that article used to be known as sort of conventional wisdom.
You know, like a two-parent family is good for kids.
Correct.
I'm not sure when that became, you know, sort of an edgy thing to say, but a lot of people now seem to resonate with it and agree with it.
And I think we may be slowly turning the tide such that a lot of people are coming around back to these more, you know, sort of typical conventional beliefs.
They don't feel the need to, you know, sort of jump on the bandwagon for the latest, you know, bizarre luxury belief.
I hope that you are right.
Rob Henderson, thank you so much.
I appreciate it.
Thank you, Glenn.
You bet.
I want to talk to you a little bit about times gone by, you know, as we're talking about these things, these luxury beliefs, you know, things used to be a lot simpler.
A Coke down at the drugstore cost you a nickel.
you want to take your girl out for a movie you know how much was it it wasn't 75 bucks to go to a movie theater
and every flat top wearing dad who ever had a house with a picket fence knew how to work his own car when it broke down
how to maintain it those days are long gone there's new technology in your car theoretically to take you
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10 seconds.
Station ID.
So I got an interesting email from somebody who I haven't talked to in probably six, seven
years. He is very well known. I mean, he's in the class, I think, of a Donald Trump in a way that when
you think of business people, he would be one of the names that would pop up into your head. Like,
you know, Donald Trump. I say, you know, famous business person, Donald Trump. This guy is in that
category. And he wrote to me out of the blue, obviously he was listening to the president. Obviously, he was
listening to the program.
And he said, Glenn, Patrick Byrne is insane.
And he said, you don't, don't put your trust in Patrick Byrne.
This is nuts.
He's nuts.
And just don't believe him.
He's the overstock CEO until recently.
Right.
You know, Patrick is really, really.
quirky, but so is this guy. So is Donald Trump. People who are like that. So is, you know, so is
Warren Buffett. He's quirky. These people tend to be quirky, but I don't, I don't see this with
Patrick Byrne as something. I've heard Patrick say some crazy things like, hey, Bitcoin's going to be
the future. I know. Crazy, right? When he said it was $30 and now it's what, 11,
thousand yeah that's crazy um sometimes you're right sometimes you're wrong but this one
makes sense to me i believe patrick on this do you you're talking about his uh claim that there was
a deep state that was trying to uh the there's there's a strain of FBI people or justice
department people not all of them that he was involved with that uh we're asking him to do things
that he didn't understand. He's got a national security clearance.
And then once he saw the Trump investigation in this Russia stuff, he was like, whoa, this is all a setup.
And he mentioned it recently because he's saying that Bill Barr is going to clean it up and you're going to know about it soon.
And whether he said that to make sure that Bill Barr and the Justice Department kind of include some of these things or have to respond.
to it? I don't know, but I believe him. And John Solomon, he is the executive vice president
of the Hill. He's an opinion contributor because he's conservative. But he is a great, great
investigative journalist. We're going to talk to him about the Hillary Clinton investigation,
which he's been following. And I want to ask him about what does he know about Patrick
Byrne in one minute.
You're listening to Glenn Beck.
Oh, I hate insomnia.
I have, for the last couple of days, I just couldn't, I haven't been able to turn my brain off.
And I have been up till like 2 o'clock in the morning reading and researching and I hate that.
The only thing worse is tossing and turning and not being able to go to sleep because your pillow is hot or your bed is hot and you're sweating and you can't get comfortable.
Oh my gosh, I hate that.
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The man who previously worked at the Associated Press, The Washington Post, the Washington Times,
he is an award-winning investigative journalist, and now the executive vice president at the Hill.
His name is John Solomon.
He is somebody who actually is looking for the truth, and I appreciate his work and his willingness to come on the program.
Welcome, John. How are you?
Good. Good to be with you, Glenn.
Yeah. So tell me, I want to, I want to, I want to take to.
talk to you about a couple of things. First of all, the FBI seems to be investigating the
Clintons again? Well, that is a good question. The FBI should be investigating the Clintons
again based on the fact that there was a discovery of some highly classified evidence that the FBI
never examined as part of its Clinton email server investigation. It's remarkable. We're
three years past the close of that investigation. That's a very controversial close-down case,
James Comey, remember all the things that went on with that.
Oh, yeah.
Now we learned three years later that there was this highly classified pile of documents,
very important information, information that the agents working the case themselves said was going to be important to look at
before they made a determination on Hillary Clinton's culpability, and they never looked at it.
They looked the other way.
Somebody wouldn't allow them to look at that evidence.
And so three years later, thanks to some letters between Senators Grassley and Johnson and the,
inspector general of the justice department, Michael Horowitz, we learned of the existence of these
documents and the fact that the FBI never looked at them. And what's frustrating is those senators
can't get an answer from the Justice Department and FBI. It's the Barr-Trump Justice Department
has not answered these senators about whether they're going to take a look at this evidence.
Why do you suppose that's happening? It's a remarkable thing, the inertia inside bureaucracy,
right? And so there is something in these documents that must be remarkably sensitive and perhaps
may cause pressure or questions to reopen the case.
And it does not appear the FBI wants to go down that path.
But it isn't fair to us in America, and it is an equal justice system if you don't complete the job you started.
We gave Mrs. Clinton a pass during the 2016 election, even though there was broad evidence
that she transmitted highly classified information on a private server.
She did not get prosecuted then, and we find out that a key piece of evidence wasn't examined.
And that always makes us suspicious in the American public.
So, John, I'm not as concerned about the investigation in the Clintons because I think I know what, you know, I think I know what they are.
I am really concerned that we should be investigating the entire Justice Department.
I don't think that everybody in the FBI is dirty.
I don't think everybody in the Justice Department is dirty.
But there are people apparently that are dirty.
and we'll move things for political reasons.
And that is, that's not America.
Once we lose trust in our justice system, we become, you know, Mexico or Haiti or whatever.
Right.
No, it's so integral.
And we always expect that whether you're Democrat or Republican, white or black,
live in Connecticut or live in Florida, we're all going to be treated the same when the Justice Department looks at us.
And over the last few years, we've seen a really good.
strong body evidence that people got treated differently based on their political connections
or their political affiliation. And that troubles the everyday American. I go out, when I'm out
and about traveling in the real world, people come up to you and say, you know, it feels like
there's two justice systems, one today for the Democrats and Hillary Clinton and the other
for Republicans and everyday common man. And I think that perception is deeply troubling
and really cuts at the roots of our great democracy. And I think Bill Barr has an enormous
opportunity to fix this Justice Department, put the people that are so good in it.
99% of them are amazing agents and investigators and lawyers, get the 1% out and get this
house put back in order so that we can trust the legal system.
Do you believe Bill Barr is that guy?
I think he is. He certainly has the credentials to do it. He has shown early on in the
Russian investigation to talk candidly and honestly and not use the euphemisms in the bureaucratic
Blarney that we heard earlier people using that job. The real question we'll come down to,
will he really identify the faults? Will he really punish people? Will there be real criminal
prosecution? And the next three months are our telling point. We're going to learn from the
Inspector General just how bad the Russia FISA was. We're going to learn from John Durham just
how much spying went on on a political campaign. And then it will be in Bill Barr's corner
to decide who does he punish, how does he punish them, how does he fix this?
How does he make sure this never happens to another presidential candidate or another American ever again?
What does your gut tell you?
My gut tells me there will be a lot of shaming.
There will be a really honest accounting like we got after 9-11, if you remember all the mistakes that the FBI made, failing to connect the dots before 9-11.
There'll be a lot of shaming, a lot of honest discussion about what was wrong, no more of these euphemisms and spin jobs that we've gotten from the Justice Department and FBI.
I think the threshold for prosecuting a former FBI agent or an FBI Justice Department official is very high
because of the natural inertia in the Justice Department.
I don't think that's right, but I do think that it exists.
And we'll find out whether the Justice Department is serious if they carry out some prosecutions.
We know for 15 months now, Andy McCabe has been sitting there,
identified having conducted or committed criminality, clearly lied, just like we accused Mike Flynn,
just like we accused Papadopoulos, and in 15 months he hasn't been charged despite two Trump
Attorney Generals.
So when you look at that case, you have to wonder, are they going to do it?
Now, the statute of limitations is coming up on that, and it's going to be judgment time
pretty soon.
If Andy McCabe gets indicted for lying, just like the other people in the Russia case did,
then I think people will fail justice is done.
And if he walks, this continuing question of two justice departments or two systems of justice is going to persist.
And I don't think it's just one for the Republicans and one for the Democrats.
I think it is one for the privileged and then for the rest of everybody else.
That's a very good point.
John, talk to me about the article that you wrote a few days ago,
the 10-declassified Russian collusion revelations that could rock Washington this fall.
Yep. So behind the scenes, there's been an apparatus that the president has been building. He hasn't unveiled it yet, but it's going to be a special office that's going to declassify and give us true visibility into what really went on in the Russia case.
From the beginning origins all the way back to March when George Papadopoulos first met with an academic in Rome all the way through the end of the Mueller report.
Okay, hold on, hold on, hold on, hold on.
Is this a real office or is this a political office?
This is a real office.
It's going to be empowered with the power of the presidency,
and it's going to fulfill the very public statement that Donald Trump made
that he was going to declassify this information.
I think a lot of people thought when he gave the declassification authority to Barr,
that Barr was going to do this sort of public relations declassification,
explain all the documents.
He gave that the power to Barr so that he could do his investigation.
If the CIA, FBI didn't want to give up something,
he had the power to go get it to classify it and look at it
or share it with prosecutors and FBI agents working on the case.
But for the public, the president has always had a different idea in mind.
Somebody that could tell a story, explain it all in layman's terms,
help us understand what happens so it never happens again.
That office is being set up, and I would begin to, I believe that in mid-September forward,
we're going to see the documents be to classify that we've been waiting for for more than two years.
I picked my 10 favorite that I know from all the investigators I've talked to are the most transformational.
and they range from statements that George Papadopoulos and Carter Page made to FBI informants or on tape,
where they were clearly expressing their innocence, and that was not provided to the FISA court,
to really basic information like what was in the FISA and what was excluded in the FISA.
We still don't know what was in all those redacted pages.
There is a significant amount of very important information that will really rankle Washington in the fall
when these documents get public.
I'll give you one fun one because it just teases the imagination.
The House investigators that did the House Intelligence Review,
they had 53 interviews of really key people,
most of the main players in the investigation.
There's a revelation in one of those interviews
that the Democratic National Committee was in touch with the CIA,
and you have to ask yourself,
the CIA has no responsibility on domestic soil,
the DNC is a political organization.
Why were these two organizations talking?
And I think when we get that answer, we'll see just how big a dirty political trick.
The Russia probe really was.
Holy cow.
All right.
One more question.
I had somebody, a very well-known, big business person who wrote to me and said,
Glenn, Patrick Byrne is out of his mind insane.
And I know Patrick.
He is different.
He thinks differently.
He's a libertarian.
But I don't think he's dishonest.
Have you looked into this stuff with Patrick?
Are you heard any more?
What do you think?
I have.
There's a lot of reporting over the weekend after his CNN interview.
So what I've learned is that the original material that my old colleague, Sarah Carter,
fantastic journalist, one of the best in the country, reported early on about Patrick Byrne
is spot on.
Those are accurate facts and that her storyline is the accurate storyline of what Byrne did
and didn't do with the FBI and what was going on.
there was some soft operation going on.
Now, how much he initiated it versus the FBI controlled him is in dispute.
But I believe the Justice Department lawyers who interviewed Byrne a few months back found him credible
and that his timeline matched the other timelines of things that they're finding in the ongoing investigation.
I think his more recent comments, what I've been told by people who are in the know of the evidence,
his more recent comments spinning a more elaborate conspiracy of multiple people and the FBI controlling him.
I don't think those are going to pan out with the facts, but I do believe there was contact and exchange of information.
And the FBI might have been using him as a soft way of probing this Trump-Russia collusion theory,
which, of course, has fallen apart very clearly before our eyes.
But I think those are the sort of revelations we're going to get in these documents in the fall.
There were multiple efforts to probe, monitor, spy on the Trump campaign, and we don't know them all.
We think we do, but we don't.
I don't think we know 70 percent of what really went on.
in this investigation yet this fall will be that opportunity for accounting.
Boy, oh, boy. I mean, if there's real, if people are actually looking for the truth,
and it is half of what I think it might be, we have a government or a justice department
that is really out of control. Not all of them, just some, there's a strain in there that
is really out of control. I agree. I talk to this senior justice.
department official who has been in the game, nonpartisan, been in the job 20, 30 years,
and he said things that he's seen have shocked his conscience. And he said, I thought I saw everything
in my 30 years. I think people are beginning to realize that this was a political operation
conducted under the authority of the U.S. intelligence community. That's something we never envisioned
as America would happen. And we have to expose it, get it out there, punish the bad guys,
and then it won't happen again. I think that's the right recipe for solving what happened here.
I think so too, but I have, I'm a different man than I was 20 years ago.
I wonder, I wonder if anyone really will be punished.
I have the same concern.
We'll have to wait and see.
Yep.
I think that's a real legitimate concern.
John Solomon, thank you so much, Executive Vice President of the Hill.
Thank you.
You bet.
Bye-bye.
Isn't it nice to talk to somebody who is actually doing their job and, you know, is not swaying it one way or another, just telling you the truth?
Following the facts where they go?
Yeah.
It's rare.
Theoretically what journalism was supposed to be at one point.
Yeah.
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You're listening to Glenn Beck.
This is the Glenn Beck program.
Coming December 7th in Salt Lake City, Utah, Kingsbury Hall, Christmas Stories with Glenn Beck.
You can get your tickets.
There's two left.
So important for you to understand that every single story is the God's Honest
true.
You will not believe that when the show is over.
Yeah, but it's true.
Stu is, you know Stu, he calls me out
anytime I exaggerate or don't get things right.
100% true.
It is true.
These stories actually happened.
You can find out about the tickets at glenbeck.com.
They've got a few VIP tickets left and a bunch of tickets you can pick up now.
All right, I want to play Jen Rubin.
You know, of course she's a great GOP person.
She's, no, she's so Republican.
Oh, gosh.
So, because they always say the conservative columnist,
She's not conservative.
How are you even trying that at this point?
Here she is.
Listen to this, Jen Rubin.
We should be doing is shunning these people.
Shunning, shaming these people is a statement of moral indignation
that these people are not fit for polite society.
I think any institution in University of Virginia, for example, for a bit,
had a relationship with Mark Short, who is now back with the administration.
I think it's absolutely abhorrent that any institution of higher learning,
any news organization or any entertainment organization that has a news outlet would hire these people.
It's not only that Trump has to lose, but that all his enablers have to lose.
We have to collectively, in essence, burn down the Republican Party.
We have to level them because if there are survivors, if there are people who weathered this storm,
hang on just a second, hang on.
So what she's saying here, I've heard it before, and I just want to point it out,
Could we play this audio?
Same thing.
There will be no survivor.
No?
Not yet.
My man are here.
I'm here.
But soon you will not be it.
I mean, Jen, get a new routine.
Yeah, I mean, we're going to burn down and there will be no survivor.
No, it's a credible.
No, it's a credible point of view.
If I disagree with you, I should shun you, and no one should ever hire you again.
