The Glenn Beck Program - Why Trump Keeps Blowing Up Venezuelan Drug Boats | Guest: Peter Atwater | 10/21/25

Episode Date: October 21, 2025

President Trump is reshaping everything, and it's causing the Left to lose its collective mind. Glenn lays out what he believes President Trump is up to as he continues to launch attacks on vessels in the Caribbean. Who is buying up all the gold? Glenn explains his perspective on the current state of gold prices and its implications for America's crippling debt. While high-risk, Glenn believes this could be the "reset" that would put this country back into a place where America's sovereignty remains secure. Glenn goes through the Pledge of Allegiance line by line to express why the pledge is essential. The College of William & Mary adjunct lecturer Peter Atwater, who coined the term "K-shaped recovery," joins to discuss the current AI investment boom. Is this boom a bubble that could pop like the 2008 mortgage crisis? Has your life been altered in any way since the government shut down? Glenn and Stu discuss Trump's upcoming White House ballroom, and Glenn shares his conversation with the president about the controversial construction. Learn more about your ad choices. Visit megaphone.fm/adchoices

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You know, my job is to try to help you make sense of the world. And one of the things I have not been able to make sense of, and honestly is because I've not put it on the front burner until yesterday, is, what are we doing? We're blowing boats out of the, you know, like, what are they

called? Cigar boats, cigarette boats. You know, these fast boats now, like, you know, homemade submarines. We're just blowing them out of the water in Venezuela. And I just have not felt this was about drugs. What is this about? Well, it is a war, but it's not a drug war. And I mean, this is just my opinion.

And I believe war is America's way to learn geography. As I started doing my homework, if I asked you, is Guyana in Africa or in South America? or in South America, what would you say? And I say, I'll give you $1,000, double down on your answer. $1,000 double down on your answer.

I would lose, I would have lost a lot of money. Guyana is actually in South America. This is how little we know about the rest of the world. Honestly, the rest of the world should just look at this and go, America doesn't care. No, we really don't. We really don't. So can you tell me,

the what nation borders on Guyana? Okay, you ready for this one? Venezuela, Brazil, and Suriname. There's another country I've never even heard of. And it's right off our coast. So what is all of this actually about? I'll explain in 60 seconds. First, let me tell you about Patriot Mobile.

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Use the promo code Beck for a free month of service. Patriotmobile.com slash Beck. 972 Patriot. Make the switch and make the difference today. Okay. So when we talk about the war on drugs, most people just kind of roll their eyes. Okay, we've been talking about the war on drugs forever and it doesn't make any difference at all.

So another failed campaign, another round of speeches, another generation is caught in the crossfire. But what if I told you that the drug war that you're actually why, watching today has almost nothing to do with cocaine or fentanyl. I think the average person would go, yep, that sounds true. And I believe it is. It has everything to do with oil and minerals and the rebirth of American sovereignty. What you have to understand about Donald Trump is he is reshaping everything. Just as the WEF said, we're going to go for the great reset.

and we're going to reshape the world. He's doing that single-handedly. He is taking on everything and reshaping the world to have a stronger America and one that is protected, not mired in endless wars, and strong financially and militarily. So we can protect ourselves with American sovereignty. So what's taken place right now in South America

is not a narcotics operation. Again, this is my opinion. You know, I was talking about it yesterday, and I'm like, it's like the Monroe Doctrine. This may be as important as the Monroe Doctrine, which the Monroe Doctrine was in this hemisphere, don't screw with any of our allies. You're not going to put, you know, you're not going to put enemy ships, and you're not going to play around with countries in our hemisphere. This is our hemisphere.

America is supreme in this hemisphere. You do your own thing. But then we kind of got weak on that, and now China is all over. Russia was all over the southern part of the Western hemisphere. So what he's doing is he's putting a Newman-Roe doctrine together. That's Donald Trump. Now look at the map.

You really have to look at it, because I could say imagine the map Nobody can imagine them. Venezuela, Guyana, Columbia. Okay. Three names you almost never heard anything about on cable news five years ago. And suddenly, they're the front page priorities for Washington, D.C. and our military. What? Well, there's smuggling drugs.

Well, yeah, they might be. But they're also doing a lot of other things, including, as we told you, terrorist island in Venezuela. They have Hamas and Iran in Venezuela. But whoever controls this little triangle controls the Western Hemisphere and controls the Western Hemisphere's future. Its energy, its minerals, and its manufacturing independence. And Venezuela is the fulcrum. It holds the largest crude reserves on Earth. And it's oil that is perfectly suited for America's Gulf Coast refineries.

but China and Russia have been moving in. They're like vultures sitting there offering loans and sweetheart deals to Venezuela, and Venezuela has become more and more communist and more and more hostile to America. And they are trying to mortgage that entire system to Beijing's state-run oil giants. So what are we doing? Well, we haven't done anything about it. We've just let them go in. Now all of a sudden, we're doing Navy drills.

in the Caribbean, and we're doing sanctions. We are moving more ships and more naval assets. I mean, it is a full-fledged onslaught. We are sending a message, and I don't know we're sending a message just to the drug lords. This is a pressure campaign that kind of looks like the old drug war, but is really, I believe, designed to crowd out the Chinese influence. This is about keeping Venezuela's energy in the Western family, not letting it become another victim of the Belt and Road initiative and a pawn of China.

Then there's Guyana, which I thought was in the other hemisphere. I had no idea it was on this continent that's, you know, just below us, apparently called South America. It's tiny. It is quiet. and suddenly a gold rush of oil. Now, an American company, ExxonMobil, leads the charge there, and Washington isn't just helping fight traffickers.

It's defending America's offshore platforms. They're building radar networks. They're locking down the entire coast because it's not just about barrels. It's about cables. It's about information. It's about pipelines. It's about rare earth minerals. All of those things are going to power the next century.

And then Columbia, we know, because that was the first thing that all of a sudden Donald Trump started talking about Colombia. And then the Panama Canal and everybody's like, what are we talking about? Back in 1958, no, nobody had talked about. Nobody had paid attention to it. This guy is so far ahead of the curve. He is so far over the horizon. I don't think people really understand what he's doing. Colombia is the hinge between the Caribbean and the Pacific.

So we were told for decades that the U.S. military presence there was about fighting the cartels. Maybe. But I think the truth is that Colombia is the geographic and logistical bridge between the hemispheres. Okay. It guards both oceans. It buffers the Panama Canal. It sits atop minerals every modern economy needs now. Lithium, rare earth, all of this stuff.

You control Colombia and you control the Western Hemisphere's arteries. Now that's not drug interdiction. That's grand strategy. This hour, I kind of want to make sense of the world for you in two things. And it all hinges around a theory that I'm peddling. a theory, and I could be wrong on this, that when I look at all of the dots, they don't make sense.

You know, this is about that submarine with cocaine in it. Really? Is it? We're sending our entire military out to get the submarine with... I mean, I want drugs to stop. I get it. But really? Doesn't make sense to me.

So the dots don't make sense. And there's too many up on the board that just don't make sense unless you start to frame it in another direction. And I did this last night with not only South America and what we're doing with Venezuela and the, quote, drug war, but also gold. And so I want to finish this in a minute. And I want to move to gold because I want to tell you, I think there's a grand strategy here that everyone is missing. So why does all of this matter? Trump is the first president since Reagan, I think, to understand that America's strength doesn't come from endless foreign.

wars. It comes from owning the supply lines, from building the sovereign trade, the energy, the technology pipelines, all of the stuff that runs all the way through our hemisphere, not Beijing. So he's not trying to make America the world's policemen anymore. He's not doing that. He's making us the secure citadel. He is forcing every region, Europe. Think about what he's done with NATO. What is he doing? We're not going to be your policemen anymore. You've got to step up to the plate. You've got to do it. The Middle East. We're not going to be policemen here anymore. All of you Arabs, you do it. You get together. You make peace. He's brokering peace and also saying to the rest of the world, you need to step up and he's doing it in Latin America to the police themselves.

Every move you see, sanctions, seizures, aid freezes, even visa crackdowns. This is all, I believe, about locking down critical resources before China does. This is economic warfare disguised as moral policing. Okay. And the irony is, it may be one of the smartest uses of the drug war apparatus we've ever seen. This one actually might work and do something. So let me tell you something that nobody else is telling. Let me give you what everybody else is missing.

This is not about ideology. This is not about drugs. This is about global architecture. Trump is tearing down the old corrupt order, the WEF Great Reset corrupt global order, and he is building one not on dependency and debt and endless intervention. He's laying, he's chopping the trees down, he's paving a road, and he's laying the asphalt

for a new one, a hemisphere that produces its own energy, defends its own borders, works together, and reclaims the American right to chart its own destiny while encouraging all other countries to do exactly the same. and he's making as many allies as he can in any way he can. That's what's really happening, I think, behind the headlines. While everybody else is like, should we do this? Before you talk about a drug war, ask yourself, does that make sense? Now, to everybody who is, you know, no kings, I might make sense.

Because you're not thinking anyway. I invite you to look at a much bigger picture. We know the rest of the world was way down this path of a new global world government and a global world order. We also know Donald Trump was never for that. We know that Donald Trump doesn't like wars. So why do we have the military, Venezuela of all places? Because this is not about chasing smugglers through jungles. This is about chasing China and Russia.

Russia out of our own backyard. It is a quiet, strategic, and I think, if I'm right on this, a brilliant reset. Because if Trump succeeds, historians are going to

look back at this time and call it for what it truly is. The second Monroe doctrine. The moment America stopped apologizing for defending its own hemisphere and begin rebuilding its own sovereignty.

Trump believes in a strong America, America first. That doesn't mean we're going to leave every other country alone. It just means we have to do the things that we have to do to make sure that we are strong enough and strengthen the countries around us as well and the countries that we have been protecting all these years give them the impetus and also the ability to come together in their own regions and rebuild and protect their own sovereignty, one barrel, one chip, one border at a time. Now, I have been warning you about $5,000 gold forever.

And there are two ways this gold rush could go. Let me give you one way that it could go. And then after spending a few days talking to some people who think differently, and saying, I don't understand what's happening here. Because everything would tell me that this is a flight to safety, which I believe it is, but it is the central banks that are buying up most of this gold. And it's the West. So are they getting away from America or is something else happening?

So there's two ways the gold story goes, really, really badly. Or is it something strategic? again from the Trump administration. And the reason why I'm on this is because I sent an email to the office of Bessent. And I said, okay, I'm kind of freaking out about $5,000 an ounce gold. What's happening? No comment. Just sent a story to me.

That's all he did. His response from somebody in his office was just a story. At first, I didn't understand. What is he trying to tell me here? I want to share with you what I think I'm getting on gold. And it actually, like the drug war thing, when you reframe it and you're looking at it from a different perspective, it actually might be really, really good. All right. That here in just a second.

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Try it before you buy it at Sportsman's warehouse location near you. Burnup, B-Y-R-N-A dot com slash Glenn. 10 seconds and then back to the show. Before I get to gold, I just ask Jason Buttrill to sit in here for just a second. What are your thoughts on tying this all together? What are your thoughts on? Do you think this is right or wrong on what's happening with the drug war? I think you're 100% correct.

And I think it goes a lot, lot deeper with what. you know, just the machinations of China and what they're doing. 2027? 2027 is when they say they're going to invade Taiwan. I have heard that from congressmen probably three or four years ago. Look to 2027. And I didn't realize this until recently that 2027 is what China said. Always take people at their word.

When they say, we're going to kill you. Take them at their word. 27 is the year they say they are going to be ready to take Taiwan. on, right? Yeah. And I think it's interesting that you're talking about the Monroe Doctrine, because if you look at the original intent of the Monroe Doctrine, one of the things that they said when they established it was, you know, almost a direct quote, but not exactly. The age of European colonization is over in this hemisphere. The old world, the European world does not fit.

It's not compatible with the new world, the United States. Now we're kind of saying the same thing quietly, but directed at Asia. directed at China, you know, you will no longer colonize, you know, places like South America. I mean, Venezuela has been described as a, quote, foothold, a strategic partnership. If we, if China goes in to Taiwan, we cannot, we cannot have a region here off our coast that is not completely secure. because then we're fighting here at the homeland or, you know, in the Gulf of America, if you will, trying to push China back there as they are trying to push the Taiwanese out of their country. We've got to shore this up.

We have more on what I think Trump is doing, looking at a, looking at his track record on thinking much, much bigger than anybody else. The price of gold and the illusion of collapse. Next. This is Glenn Beck. So Medicare plans, they change yearly and every year, millions of Americans cross their fingers and hope that they pick the right one. But hoping is not a strategy and ignoring the fine print can cost you. That's why there's chapter. They are licensed advisor, real people, not salespeople, who help you navigate with the Medicare maze with zero pressure, zero confusion, and they'll help you understand what you have, what you need.

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Does Donald, is Donald Trump a guy who likes to cut the spending? No. He believes in debt, right? But what he believes in more than debt is growing the bottom line. So you grow your way out of things. So keep that in mind as I'm trying to make sense of gold. And what I'm going to share with you is just a theory. I think I might be right on this, but I don't know.

Okay. Gold is rocketing. You know, it's now almost, what is it, $43 or $4,400 an ounce today. And I've always told you, you don't want to see a world with $5,000 an ounce gold. That is when $5,000 announce happens, that means the trust is going away for the financial system and the financial markets, the dollar is starting to weaken, and the world is sending a signal. We don't trust any of this anymore. Now, that may be true.

That may be true. But let me take you to another place, because maybe something that is happening that doesn't fit that script, because you're dealing with something new. You're dealing with Donald Trump. So I think behind all of it, there is a new strategy that is taking shape in Washington. Congress, you know, doesn't have the stomach to cut any of the spending. And Donald Trump believes the opposite, grow your way out. So that's a recipe for deficit that is really quite frightening.

But there is someone, and I think it's Besson, who is, finding a way to pull down the deficit without the usual political bloodshed. One of the misunderstood tools in that strategy is something that you're going to be amazed that it hasn't happened before. It is the revaluation of gold. Right now, the government values its gold reserves. We have 260 million Troy ounces. That's what they say officially.

we might have none, but we have 260 million Troy ounces, but we only value it at $35 an ounce. Why? Because that's the price FDR in the 1930s set gold at and said it's worth $35 an ounce. That hasn't changed. So on paper, that means the government, all of our gold that we have, on paper, the whole gold hoard is only worth $9 billion. So, okay, so wait a minute, but the market price today is almost $4,500, which would make that $9 billion actually worth $1.1 trillion. Now, think about that. The United States is sitting on a trillion dollar asset, and we don't even count it.

Why does this matter? I want you to think of your home. Imagine you're going into a bank and you want to go buy a car, okay? And you have your salary. you're in debt and you're just barely making it. But your home on paper has only been valued at $5,000. Because when your parents bought it all those years ago, it was $5,000. And now you're sitting here and it hasn't changed in value.

It has in reality, but you're still counting it as the bank and saying, yeah, well, my grandfather or my father paid $5,000 for this. And so it's worth $5,000. You know, the bank would know, no, it's not. It's worth a million dollars today. What changes if this is called mark to market? This is a usual thing. You mark the price to what the market value is. Your price of your house goes down. You are poorer on paper because the value of your house has gone down and it's marked to market. If the price is gone from $30,000,000, $45 an ounce to $4,500 an ounce, then you mark to market and everything changes. Suddenly,

if that's your house, $5,000 to a million, now you can buy that new car. You walk into the bank and you're like, I'm going to buy a $50,000 car. And they're like, well, let me see your assets. And you're like, oh, well, you have a house that's been paid off and it's worth a million dollars. Where yesterday it was worth $5,000. Today, it's worth a million dollars because it's actually worth that if you sold it. And so the bank goes like, oh, you're fine. You're fine. Yeah, sure. Here's 50 grand. Go buy that car. Suddenly, your profile looks different overnight. Okay. That is what I believe is coming in America. I believe they're going to revalue gold. That without raising taxes, without cutting a single

program, it would instantly improve the nation's balance sheet. Our debt to asset ratio would shift dramatically. Have you noticed in the last year, everybody's like, Their debt to, their debt to asset ratio is way out of whack and they're now 125%, whatever it is. Okay. That would change. The dollar would legitimately appear to be stronger and the deficit, at least on paper, would shrink. Now, add to that, again, what Donald Trump believes, and you may not agree with it, but he believes I can grow the economy. So you combine that with the H-1B visa fees.

You do the tariffs expected to bring in money and then also the expected $8 to $12 trillion in foreign capital investments that are flowing into the United States. If all of that is real, suddenly the picture doesn't look quite so desperate because it looks like we are growing again and we actually would be. growing again. The debt doesn't shrink by cutting. It shrinks by growing. It shrinks by growing the economy and expanding the economy beneath it. That's Trump's Mark. That's always what he's believed in. So while I've been sitting here going, you don't want $5,000 of gold, you don't want $5,000 a gold. You don't, but it also might be a good thing. Let me give you this. There's more. Washington is floating the idea, and Mike Lee got hammered for this, but this is a Bessent idea. Mike Lee is floating the idea of selling off portions of vast federal portfolio.

We have all this land. These are not national parks. We have millions of acres of unproductive and unused territory. I have known this from Central Bank. bankers for 20 years that they actually have said, we should sell the national parks. You know how much the national park? I don't want you selling the national parks. What are you talking about?

No, we're not selling the national parks. But that's not what they're talking about. They're talking about cutting the inefficiency out of every department and taking land that is unusable and sellable that the government is holding and doesn't need to hold, selling that land, okay, which would allow us. to build more houses, expand, et cetera, et cetera, and increase the bottom line on the ballot sheet. Suddenly, with all of this, the pressure valves are opened up.

Also put in here, nobody seems to be panicking about the government shutdown. And what is the government shutdown doing? What is Bessent hoping he gets an opportunity to do? cut. So now you're expanding with gold, the possibility of selling federal land at some point. You're bringing in $12 trillion of investment. You're getting the raw earth minerals from Venezuela and from South America and elsewhere in the world. You've solved our military peace problem. We're no longer the world's policemen, so we're not having to do all of that stuff, which is a drain on blood and treasure, all of a sudden, you're starting to see that America is actually shoring itself up.

So what looks like chaos right now may actually be a controlled implosion of a broken system. Because remember, this is exactly what the left was going to do. The left through the WEF and the Great Reset, they wanted to implode the system, but they had a safety net that we were going to fall into. and that was a global world order. Donald Trump doesn't believe in the global world order, but he does believe we are in trouble. He knows that. He has a different idea.

I think we might be seeing a re-anchoring of America's finances in hard assets, real productivity. And if Besson and the president can pull this off, we may be watching the birth of a, of the, building of a of a new foundation of a new financial order. One where, you know, we're, we're re-grounding ourselves in, in value that's actually real. It's dangerous. If confidence breaks, if the terrorists who are already here, thank you, Joe Biden, managed to disrupt the perception

of reality. If we start having, you know, real trouble on our streets, and we go unstable, then the illusion flips. The revaluation becomes a revelation that even gold cannot cover the sins of a government that has just not paid attention for this long. And, you know, there's no pretending that. But if we can hold together this fragile unity in our country long enough, and they can revalue the system and rejigger the system, keep your eye on gold.

It may be the canary in the coal mine. It may be this is real trouble. But remember, not every alarm means disaster. It's how you react to it. I would have told you four years ago, and I did when we said, we're going to kick Russia and China off the SWIF system. That's a really bad idea.

Because you have no plan, you have no replacement for the SWIF system. You're now taking the assets of a, sovereign country and saying, yeah, we can do that. That will drive the price of the dollar down. People will sell our reserve currencies. And the only thing they had as backup was a global new financial order that none of us wanted. Notice we're not talking about CBDCs. We're talking about gold. This government is talking, Donald Trump is talking about rebalancing and growing, not a global world order.

So it could be that the price of gold is, you know, just a fire that could burn out of control as it would have just a few years ago. And it still may. But it also may be that the rise in gold and what's happening with Donald Trump is a backfire. Is a, you know, when you set fire in a forest. fire and you burn back into it to put it out. This may be a fire that we are setting that could put all of this out. It may, this heat may actually forge something new because I think there's real strategy here.

When you look at what I talked to you about a minute ago, why are we bombing those boats? That's strategy for something bigger. It's not, it's not a war on drugs. It's not. That's strategy for something bigger. Knowing that he's resetting the entire world, knowing that he likes the revaluation of things, and he likes to grow the asset sheet, knowing he's not a dummy,

knowing that he wants to keep America's sovereignty true, gold will tell the story, whether it's collapse or America's rebirth. one way or another, we're going to know soon. We're going to know soon. Watch gold. All right. More in just a second.

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See blinds.com for details. That's blinds.com. Get to tales now. Blinds.com. A wise man once said, trust in God and always keep watch on the gate. I don't know about you, but that sounds like a solid plan to me. This is Glenn Beck. You know, when you talk about the basics of life, right, you talk about the air that you breathe

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I mean, drilling or plumbers or you just have to plug the thing in. Best part is you can choose any temperature, hot or cold with one quick tap. And, you know, you can have all sorts of, you know, things in your water, I guess, if you want them. But I would recommend, you know, just keeping it pure. covepure.com slash blaze is the place to go. Covpure.com slash please. If you like fluoride in your water, if you like all this other stuff, you can get it. But, you know, that's up to you.

the government has really no business and they don't do a good job anyway when they try to manage this stuff. So don't wait for the government to sort out your pure water. Do it yourself. Head over to covepeer.com slash blaze for a limited time, get 200 bucks. Covepure.com slash blaze. Welcome to the Glenn Beck program. I want you to know everything I just told you about the revaluation of gold. I mean, that is almost a nuclear option. But we, I think Donald Trump is somebody who,

You know, he just rebuilt the nuclear arsenal. He will use it if he has to. He doesn't want to. And when it comes to re-evaluation of gold, before the dollar would collapse, he would do these kinds of things. But it has to happen in conjunction with several other things because it would cause additional short-term problems and possibly long-term problems if the world viewed that as we're defaulting on debt. we're just inflating our money to pay off debt, then that would be a very, very bad thing. Yeah, very bad thing.

Because what he could do is say all dollars now, you could go back to the gold standard. Dollars now are backed by gold. Another approach that we could try here. I'm just going to throw this out there is spend what we have, spend within our means, maybe have a government that's of the size that makes some rational sense.

But do you know of anybody who's doing that? Try to get the Republicans to do it. Try to get the Democrats to do it. Nobody's going to do it. Unfortunately, no, but I do think it's worth considering. It is worth to throw it out there. It is the answer. Yeah.

But when the answer to A is always no, what other options do you have? I ask my kids, just keep asking over and over and over and over and over and over and over and over and over and over and over again. Eventually, they just do it. You're right. That's my understanding of how the world works. You're right. You're right. We need to be more like kids.

Come to me as a child. I want, I want, I want, I want, I want, I want, I want, I want. You're Glenn Beck. Let me tell you about Patriot Mobile. Every time you pick up your phone, you're connected to something bigger than a cell tower. You're connected to a company that uses your money to fund a worldview, one that may or may not line up with yours. Most big mobile companies pour millions of dollars into causes that undermine the values that you hold dear. They don't ask you.

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Get a free month of service right now. Patriotmobile.com slash Beck or 972 Patriot. So every morning when you were growing up, I was growing up, we would start our class with that, the Pledge of Allegiance. My job is to try to help you make sense of the world of what's going on and then try to help find ways to make it easier to navigate and to repair our country. And I've been thinking a lot about the basics. And I want to start with the Pledge of Allegiance,

because I'm convinced that if we just understood each line and each word in the Pledge of Allegiance, we could solve the pathway to fixing our country is in that pledge. And I'll explain in 60 seconds. First, every front door you pass tells a story. Some belong to people who just moved in. They're still living out of boxes and making plans. Other families like mine are packing up years of memories and trying to figure out, okay, what comes next?

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I trust.com. So we're all looking for answers. And, you know, one of the things I'm basing, I'm changing in my life. is I have always thought big. And I have, I've always had big vision on things. And it's allowed me to do the things that I have done in my life. If you believe it, if you can see it and you can see it finished, it will happen.

You just keep moving forward. But I think I need to change that to some degree. I still need to dream big. We all need to dream big. But we have to start thinking small. When you think small, you can see. the little things right in front of you that can, that you can change that will make the difference in your life and eventually make the difference in your family's life and your country's life.

Okay. So think small. Dream big. See this big vision that you want. But then think small. Okay. So let's go to the smallest thing. Something we all learned as we were kids. What is the solution to fixing our country? Let me take this line by line. I pledge allegiance. Those first three words, that's a solemn vow, okay? That's not a casual statement. It is a binding promise.

You are pledging allegiance. And allegiance is more than just an agreement. It is loyalty. It means I choose to stand. I'm going to stand here. I'm going to stand with. I'm going to defend and I'm going to uphold something. I pledge more than a promise.

I pledge allegiance. And I'm going to do it even when it's hard, even when it costs me. I pledge allegiance. That is not lip service. That is a declaration of devotion. To the flag. The flag is not just cloth and stitching. And you are not pledging your allegiance to that piece of cloth.

You're pledging your allegiance to the flag, which is the embodiment of an idea. It is a visual representation of the nation itself. When I pledge my allegiance to the flag, I am pledging not to the fabric, but to the principles, the history, and the sacrifices that that flag represents. Every fold, every star, every stripe is a reminder of lives given, dreams pursued, and a promise kept through centuries. of struggle. I pledge allegiance to the flag of the United States of America. We look at the United States of America now, and you see that kind of just as words on a map, the United States.

That's not what the United States is. That was never what it was designed to be. The United States means separate sovereign states that has joined this, union by choice into one republic. It reminds us that our strength is not found in our diversity. It's nor is it found in our uniformity. It is found in our unity, the United States of America. That's diverse people, diverse cultures, diverse communities that are all bound and share

the principles of liberty and law. America is not just a place. We have to reframe this. It's not a place. It's not a map. It's a covenant between free people in individual states to build something greater together than any of us could do by ourselves or as a single state. Maybe except for Texas, but that's a different story. And to the republic for which it stands.

This line is crucial. We are not a democracy because a democracy always devolves into mob rule. We are a republic for a reason. And what a republic means is that you are governed by law, not whims. It means our rights are not subject to popular vote. They are endowed by our creator and protected by a constitutional system designed to guard them even from the passions of the majority. And the flag stands for that system,

the balance of our liberty and order. One nation. One. Not fractured by region, not fractured by race, not fractured by ideology, not red states and blue states, but one single nation, made up of 50,

sovereign states, all different. This is a reminder that despite our differences, we share a common destiny, a common goal. We rise together, we fall together. And that oneness is not automatic. That oneness has to be chosen by each generation, by each citizen, and defended and renewed by every generation. One nation under God. People will try to make this all about a theory. It's not about a theocracy. This is humility. This is a humble admission that our freedom and our rights come from a source higher than government. Therefore, they cannot be taken away or changed by government because the government doesn't have the power.

They're not issuing the rights. They can't control the rights. They can't take the rights away or add new rights. those all are issued by a power greater than man and certainly greater than government. It's a reminder also in humility that power must be restrained, that we are accountable to more than just ourselves. It's the acknowledgement that liberty without virtue will collapse and that virtue requires something greater than yourself.

or greater than man. One nation, indivisible. When I was a kid, I always thought it was invisible, and I was like, I don't think it is, but indivisible.

This is not a description. This is a challenge. And one that we have forgotten. Indivisible means we don't allow hatred. We don't allow division. We don't allow ideology or faith to rip us, part. It means that even when we disagree fiercely, we hold on to the bonds that we have all

chosen as individual sovereign people and sovereign states to bind us together. We hold on to those bonds that make us one people. We don't secede from one another. We do the hard work of staying united because division is the surest path to tyranny with liberty. This one's gotten so screwed up over the years? Everybody thinks freedom means, I don't know, freedom to do whatever you want. Liberty is not license. It's not doing whatever you want whenever you want. It is the freedom to live by conscience, to speak truth, to pursue happiness without coercion. It's freedom that has been purchased with blood and preserved with vigilance. It's the foundation that everything else stands on all other rights stand on that and it must be

exercised responsibly or it will be lost we are not exercising it responsibly that's why we're having so many problems we misunderstand liberty and justice the next line justice is not revenge be it the democrats or the republicans be it Joe Biden or Donald Trump. It's not revenge. It's not equity or equality of outcomes. That's not justice. Justice is the fair and impartial application of the law. Blind to wealth, to power, to politics. Justice is the glue that holds liberty with responsibility together. and without it, without justice, freedom devolves into chaos. With it, even the weakest among us are protected.

That should be the goal for all of us, is that kind of justice. And the final two words are the most radical. For all. They're also the most difficult. For all. Not just those who look like me, not those who think like me, not those who go to my church or don't believe in God, not just those who vote like me,

not just for the deserving, the ones who followed the rules with COVID, they got the shot, no, not those who are popular. Liberty and justice are promises extended to every soul because the worth of this nation is not measured by how it treats the powerful. how it treats the popular, but how it treats the least among us, the most despise, the poorest, the most invisible.

As a kid, I said the Pledge of Allegiance a million times. I still say it, but I don't think any of us think of each word and why it's there. It's not a poem. You're not reciting a poem. You are making a personal commitment. And this is the solution to fixing our country. You want to fix the country. There's the grand dream, right?

There's the big dream. How? When you think small, think every single line of the Pledge of Allegiance. Because that's the answer. No matter how you voted, if you believe in those lines and understand what each line and each word means and why it was chosen, now you can make a personal commitment. You can make the commitment to defend. liberty when it's under threat, to pursue justice when it's inconvenient, to remain united when

division is much easier and much more popular, to place principle above party and creator above state. I pledge allegiance to the flag. This is not a vow to the flag. It is a vow to a living idea that free people bound together under God, humble under God, can govern themselves with liberty and justice for all, and that you, not somebody else, are responsible for keeping that promise alive. More in a minute. Let me tell you about relief factor. Remember back in the good old days when you had hobbies? Remember back when you just focus on doing something you wanted for just a little while without having a bunch of pain sucking all the joy out of it. Believe it or not, those days are not lost. Relief factor was built for people who want their lives back and the hikers and the

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Let me say hello to Stu Riggier, our executive producer. Hello, Stu. Thanks, Glenn. I pledge allegiance to the flag. Thank you very much. You mean the actual flag, though, not the whole, yeah. Oh, I don't care about what you said. Don't you burn that flag?

No. Yeah, yeah. That's an interesting thing because you do kind of, you mean, you listen to those kids at the beginning of the monologue and there is a bit of just you're just reciting it. Well, let's play that again. Sarah. Listen, it's almost a song. At this age, they've almost memorized it as a song.

Listen. But that's how we all, that's how I remember saying back in the day. Me too. Does that happen at all anymore? Did they still do that at school? I don't know. I don't know. You know, my kids go to a private school and they do

it there. Yeah, mine did too, and so they did it there. But I don't know if public school does it anymore. I mean, I I will tell you, I was just talking to Patriot Mobile the other day. You know, I think they, what was it? Gosh, it was some crazy number. 10,000, 30,000. I don't remember.

10 commandments were put in all of these schools all across Texas. A lot of it was done by Patriot Mobile. They just paid for it. The state passed a law. If they're presented to classrooms and they're, they fit this description. They have to be this big and everything else. they have to be posted in every classroom. So Patriot Mubble took some of their profits

and they just printed up all of these 10 commandments and put them on all the schools. Public schools. Texas is changing. Yeah. Yeah. Texas is changing. Now, you know, the textbooks are going to take until 2031, I think.

They're changing textbooks now, but it won't be in print and in the classrooms until 2031. That seems like a long way away. Yeah, luckily, school choice is coming before that. And hopefully we'll be expanded massively before that. It's in a lot of states now. So whether you, you know, it's been difficult for parents at times to choose public school because of all the financial concerns or private school because of the financial concerns associated with it. That's changing too across the country in a big way.

You know, again, lots of negatives went along with COVID. But this is one of the positives that came along with it. Their parents woke up and they shook up their governments to make sure that they could make the choices for their own kids. We had their big Mercury One fundraiser this last weekend. And Linda McMahon came. She was sitting at my table right next to me. And we were talking about schools and, you know, these radical unions. And she's like, I said, so what can we do in the unions?

She said, I don't know, private schools, school choice. That's the fastest way. she's like that's why they hate private schools because you don't have to have the union in in private schools and she said you know keeping keeping states free where you can you know choose not to be in a union she's like that that's another big thing that can happen but but dismantling the schools and dismantling the the overwhelming influence of the teachers' unions is going to take a while

and it's being dismantled one little bit at a time. But if we can get school choice, it's happening here in Texas now. You get that done and it changes almost everything in a very, very good way. Yeah, I can't stand the teachers' unions. I hate them. Many of the teachers are wonderful people.

Yes. The teachers union is pretty awful. Like I saw a story that we can get to do maybe later, but it was described as an agreement between the government and the American Federation of Teachers. And that's, I always, I feel like does not lead to good outcomes. I don't think, I don't think that we can all be happy about agreements. No. But I don't, if it doesn't lead to a positive outcome, then I'm not for agreements.

Same way I'm not for bipartisanship when it leads to slop. Okay. And that happens often with bipartisanship. Sounds so wonderful, but usually leads to crap. All right, I want to talk to you a little bit about the AI bubble when we come back. Stand by. This is Glenn Beck. NMLS 182334, NMLS Consumer Access.org.

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8906 2440 American financing.net Sign up to the free email newsletter. It's available right now at glenbeck.com. Welcome to the Glennbeck program. The AI bubble. Is it a bubble? Is it not a bubble? I don't know. Are we close to

AGI or not close to AGI? Again, I don't know. Is it going to change things? Yes, I saw a story. It's in our show prep today. going to have a chance to get it, but you should read it. It's about other countries that are building these giant server farms and they're not getting, I mean, their electricity and their water is being shut off because all of it's being diverted to these big server farms.

And if we're not careful, that's exactly what's going to happen to us. Peter Atwater is a guy that Stu and I have been talking about for a while because he's, he's comparing this AI bubble. He's like, look, I want to just show you a chart. And I'm not smart enough to figure out the chart, but let me just show you the chart. and now let me show you a chart I did like in 2007 or 2008 with the housing bubble. While they kind of look exactly the same and it's a little frightening. Peter is with us now, Peter Atwater from the College of William and Mary.

He's an adjunct lecturer there. He's the guy who coined the term K-shaped recovery. Welcome to the program. How are you, sir? I'm great, Glenn. Thanks very much for having me. You bet. Okay.

So can you explain the housing? Not the housing bubble. the AI bubble. Do you believe it is, and if so, why? And what does that mean? I do believe it is. And I study confidence and its impact on what we do. And so what I see in the AI bubble is a lot of similarities to what we saw during the housing bubble,

where everybody wants to be involved. There's a social frenzy to it. There's a want to, you know, make a lot of money to see. the opportunity in it. There's a lot of speculation. And what matters so much to me as a researcher is that this network that existed in the housing bubble where mortgages were sliced and diced and you had these conveyor belts that moved everything from, you know, mom and pop's house to folks all over the world. Right. Now exists within the AI system where you have, enormous amounts of capital moving, but also equipment. So it looks a lot like the just-in-time

networks that we saw stumble during COVID. Okay, that doesn't make me happy. But there's a difference between the housing bubble where it was all being inflated and resold and repackaged, and this, which does seem to be a game changer on productivity, where housing was not, this seems to be like it could be a real game changer for economies. Agree or disagree. Oh, there's no question it'll be a game changer. But we can think about it the same way we said. Dot com was going to be a game changer, like railroads and all of these other things

that we have in terms of speculative manias. There's real productivity, real improvement that comes from it. But what happens is that investors anticipate, it happening far sooner in far larger scale and much more profitably than it ever does. So what are you predicting? How is this going to happen? How is this going to happen? What's bad case scenario, not necessarily worse. I don't know if I can handle worse. Bad case scenario and realistic scenarios. So to me, the realistic scenario is that valuations come down dramatically.

At the same time, the buildout continues at a much lower pace. And eventually, maybe a decade from now, it all settles out. But in the meantime, there's a lot of financial pain that's going to go along with it, particularly because today, more than 40% of the S&P 500 ties to AI. Like seven companies, right? Seven companies and the ones that are closest to them so that, you know, retirees, pension plans, you know, folks that invest in index funds have a supersized allocation to AI whether they realize it or not. Can you give me an example of this happening in history that's not housing, but more industry? Sure. You can go back to radio in the 20s. I mean, RCA was a.

mammoth weight in the markets because people were incredibly excited about it. You saw it, you know, you can go back even further to canals. I mean, we love new technology, particularly where we can identify the efficiencies that we see coming from it. One of the things is really interesting about the charts you've highlighted, Peter, is this sort of circuitous relationship between these companies where like just to try to, it's too complicated. to go through all of it, but just to give you one quick relationship here and tell me if I'm understanding this right. Open AI, of course, buys a bunch of chips from Navidia. They're spending a ton of money with Navidia. Navidia is investing $100 billion into Open AI. Open AI has a $300 billion

cloud deal with Oracle. Oracle is spending tens of billions of dollars in chips with Navidia, and then Navidia is investing into Open AI. And like, there's a bunch of these arrows that are just pointing in these circular directions where it seems like these same companies are just flowing money back and forth to each other in all these arrangements. And you wonder if there's any disruption here, are we looking at some sort of at least short-term collapse of all this stuff? A dog eating its tail phenomenon is extraordinary here. And what's so unusual about this one is in prior bubbles, the, the conveys, the conveys, the conveys, the conveys, the, the, Their belts were among smaller participants.

But in this one, we have the largest technology companies in the world spinning money around among themselves. It looks like one of those extra drawings where the waterfall just keeps moving in perpetuity. And the challenge, particularly given that OpenAI is at the center of it, is that this is a company that is barely profitable, that is committing to hundreds of billions of dollars. in commitments. So what does it look like if it starts to fall apart? And what are the signs we should be watching for? So what we know right now is that everybody wants to be affiliated with AI in some way.

And so you end up with these late arrivals to the party. And typically when a bubble bursts, the last guy to the part, party is among the first to leave. So we could think about this in the context of the mortgage bubble where it was the subprime lenders who showed up right at the tail end and then collapsed first. So I'm watching to see these companies that are barely AI related that have tried to position themselves as being AI industry leaders who are likely to fail in. the not too distant future. They just need rarefied air to exist. Like what companies? I don't have specific names to throw out there, but they're typically

smaller, highly leveraged, offering very, very compelling but untested technology. Now, this would be, if it collapses, I mean, that would be horrific for our economy, but also what happens with the race with China? I mean, China is deeper into this than we are, like, crazy. How does this affect China? What happens to the race? How does, I mean, how does this not move forward? So I am by no means a China expert, but I would expect that if our confidence in

AI begins to fall, consonants in AI more broadly will come under question. So they then face questions in terms of policymaker credibility in terms of why did you commit so much to this? No difference than a CEO faces that test when a bubble bursts. So what does success look like to you? Because I'm not sure. I had a really fascinating conversation a couple of weeks ago, and he's going to come on the show in a couple of weeks with Max Tegmark,

who is brilliant AI ethicist, and we were talking about ASI, AGI, and he believes that that may not be happening, and he makes a great case on this. But is that the goal? Or, I mean, because what is the goal that we're not going to hit that would fall short, that would cause this kind of stuff?

So I think we tend to fall short in terms of immediate usage, so volume short, but also profitability. You know, if you go back to the dot-com bubble and companies like pets.com, they all imagine this huge pot of gold at the end of the rainbow. and you're seeing the same wild fascination with the potential profitability for AI. And again, that may come, but it's unlikely to come at the speed and magnitude that people now expect. I mean, we're fantasizing now.

Boy, I mean, in a way, that would be really, really good because what I worry about is AI advancing as quickly as everybody says it is. and then what happens to all of the jobs so quickly? I mean, you just can't absorb that kind of an impact if it happens that fast. So I don't know which is better. Typically, we'll see a backlash against new technology. I mean, if you go back to the, you know, the 1920 bubble burst and you saw this backlash to, you know, innovative technologies like the vacuum and, you know, the ironing board and all these things that people were saying took jobs away and we'll have that same thing in all likelihood. And this time, too, to a point you made earlier, likely compounded by a greater awareness of the environmental consequences of this and also the cost that it creates to the average consumer in terms of their utility bills. Can you explain one more thing?

Because you're the guy who invented the K-shaped. And Stu and I were talking about this earlier. I don't understand the K-shaped recovery. Can you explain that K-shaped recovery? Sure. So when COVID hit, I immediately saw that if you were a white collar worker who could work from home, your confidence improved immediately. Whereas if you were a, you know, somebody who worked in a warehouse or stock shelves in the supermarket or a hospital worker, your confidence didn't start to improve for a long time. And from that, what I've seen is that the economy that results.

from these two different tracks of confidence are vastly different. And today, those at the top, whether it's because of the markets or because of corporate earnings growth, those at the top feel invulnerable. And they're spending like it, they're investing like it, they're living like it. They're living like there's no tomorrow. On the other hand, those at the bottom today aren't sure how they're going to make it through the day. They're delinquent on their car loans. They're now worried about health care costs.

And so to me, this K, these divides, has created two classes of Americans. You have the increasingly desperate and those who feel invulnerable. That does not sound stable long term. It doesn't feel stable to me, too. And I worry that those who are in a position to do something about it, We're spending so much of our time in this country fighting between the left and the right, and we're not seeing that our biggest divide is up and down. Those at the bottom, there's a bipartisan hopelessness that exists.

I feel like Washington is not paying enough attention to. Boy, I would love to have you back, Peter, and just talk about that and what can be done. We should be talking about what we should be doing on that because I agree with you. I think that is a really bad problem, really bad problem. Thank you so much. I appreciate the opportunity, Glenn. Thank you. You bet.

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Always drink upstream of the herd. If you know, you know. And back. Welcome to the program. Can we play cut three? This is Akeem Jeffries as a setup for what we want to talk about next hour. Listen to this. Donald Trump definitively needs to get involved.

He needs to get off the sidelines, get off the golf course, and actually decide to end the shutdown that he's created, that he has allowed to happen. We know that House and Senate. Republicans don't do anything without getting permission from their boss, Donald J. Trump. And the reason why there have been no negotiations, zero negotiations. Stop.

I mean, this guy's a joke. I mean, just a total joke. He really is. He is the worst speaker of the house or, you know, possible next speaker of the house. I've ever seen. He has no juice at all.

Yeah, Nancy Pelosi at least had juice. She was terrible in a lot of different ways, but has juice. This guy is just a Right Just a zilch And get him off the golf course What?

Wait, he's been all over the world Well, he sometimes does have to get off the golf course When the donors to his party are trying to kill him That does happen from time to time Thanks for chipping in there Stu and I've been talking today about the shutdown I want to spend a couple of minutes on the shutdown And what it means

Also the new White House ballroom They're tearing down the White House Yeah, no, no they're not More in a minute The burner launcher, you know, the moment you feel like something's not right when the hair on the back of your neck stands up and your mind goes quiet, that's your body telling you, be ready. And when that moment comes, you don't want to wish you had protection. You want to know you have protection. The burner launcher gives you the protection that you need. It's a non-lethal self-defense device that fires pepper-pepper projectiles and also tear gas with precision and power, stopping a threat from a self-defense device that fires pepper-per-projectiles and also tear gas with precision and power, stopping a threat from a threat from a self-defense. a safe, safe distance without taking a life.

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they're tearing down the White House. Did you know that? George Washington, he's been taken from his grave. They paraded his bones around and rearranged them into a king crown. I don't even know why. But that's what they did at the White House. And now they're tearing it down and they're dancing on the rubble. Or not.

Or it's not exactly what they're telling you it is. It's the most incredible... I mean, you have Chachy P.T. It's not hard to find out the history of something. You don't even need a book. You don't need to call a library. You don't need to look anything up. You just go,

And Chachy P.T. Where was the White House built? What happened with the West Wing and the East Wing? Who built that? And it will tell you, New York Times, but I don't like it. Oh my gosh, you're morons. Just more.

I'm sorry. This is not what Jesus would do. All right. Let me come back to this here in just a second. I'll try to be a little nicer. My Patriot supply is our sponsor. Winter isn't just a season. It is a test every year.

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You'll be pretty amazed. It's not going to last long, neither will the nice fall weather. It's going to get cold soon. Mypatriotsupply.com slash Glenn. Mypatriotsupply.com slash Glenn. We've covered a lot of stuff today. In hour number one, we hit what I call the New Monroe Doctrine. What is really happening in Venezuela.

Everybody is talking about that. We're just trying to bomb these drug cartels. No, or not. No, or not. I have a theory on that, and I think it's much, much, much, much, much different than what everybody says.

Also, we've been saying, watch gold. Gold, $5,000 an ounce. Really not a good thing. And we're at, what, $4,400, 4,200 today. And it just keeps going. And something just doesn't make sense to me. Because I know why that happens. but something different is happening.

And I tried to explain that at hour number one. If you miss the podcast today, make sure you get the podcast and listen to that. Now let's talk about a couple of other things. This shutdown, I for one am thrilled. My life hasn't changed one iota. No? No. What about all the things that the government does for you?

No. No? Not a thing? No. even a minute of no not a second okay now there are those people that build things make things that the government buys or the government uses and so they're thinking about it because if the companies that are making stuff for the government or the government you know you're living a place where there's a lot of government workers and you own a restaurant now all those government workers are

not coming into your restaurant you're concerned or you have to be you happen to be a drug dealer in Washington, D.C. You know, business might be down. Might be. It might be. If they're not getting, hookers. Yeah. Big, big.

I would say maybe the great recession going on right now in the hooker industry. Yeah, in Washington, D.C. So, but, you know, so there are some people that are really hurting, but they are, they are one way or another linked to the government. That is a problem. We should probably not have a third of our economy based on the government. If it's only a third now, it might even be higher. Do you want it more or less?

I just like to be less. Okay. I like to be less. Interesting. I'd like it to be like zero. Really? Yeah. Yeah.

That's really low. Federal government. Yeah. I think I could do that. I think I'd do that. Anyway. So what is happening? This whole thing, this is just this joke between the Republicans and the Democrats and the media.

Media is not covering it. Media is not covering anybody who's really been hurt. That's a shot. And we should note. again, how shocking of development that is. We've been through a million of these things. All we get in government shutdowns are stories, sob stories about sad people, single moms,

you know, crushed orphans. Children without eyes that can no longer get their eye transplants. Right, because the government was providing the eye transplants. And now all eye transplants have been deleted. So those children are going to be blind forever. Yes. Because of the evil Republicans. Every single time.

And you know what? Maybe it's good. they're blind so they don't see the destruction of this society. Right. So here is, so here is what is, you know, that's puzzling to some people, but that's going to change. And Stu and I were talking about it. It's going to change in November.

And that may be what the Democrats are waiting for. Yeah. Because the, the health care subsidies. So you know, these were the things that we all said we have to do during COVID. and then Joe Biden said, whoa, COVID might last 10 years. And so they just made these subsidies just continue until now. And so these were never part of the system.

They were never expected. And now because the government gave them, now people are expecting them. And so your your co-pay and your monthly Obama bill is going to go up, but generally where it was. you're going to return to where it was. Right. And just to again kind of rewind in history, what we're talking about here is the Affordable

Care Act. Yeah. This would be going back to what they called the Affordable Care Act. The thing they are saying is going to not be affordable is called the Affordable Care Act. They passed it. We dealt with it. We said it sucked. said it was going to save everything. We went through a long period of time where I believe it sucked

during that time, our side lost its spine on that point. So they decided to just go along with it. Then everyone got used to the sucky situation that they had. And then COVID hits. COVID hits. We go through, and this is also an important point, we go through COVID. You know, Donald Trump is president at the beginning of that. These subsidies are not included at that time. Then we get into 2021, Joe Biden takes over and then he passes a bill after we've all kind of moved on with our lives, at least in certain states, and decides to pass giant subsidies to say, hey, we'll make your health care more affordable. People go along with it. Why? Because we're in the middle of a pandemic. It's a year. We're just going to do a year. Then the Inflation Reduction Act comes through.

And they say, well, no, we're going to do now four more years of this, even though we're already at this point, long past COVID in any real sense. Obviously, some people still get it, but you know what I'm saying. And remember the whole thing about the, you know, inflation recovery act or reduction act. That was that was cloward and pivot. That's collapse the system. That's that was the whole point of that thing. Spend, spend, spend, spend, spend, get people addicted and collapse the system.

Gave us all of that inflation that we all remember so fondly. And it's important to note. The Democrats, when pushing through this ridiculous thing they said was to reduce inflation, then later admitted it was a giant green bill and essentially clowered and pivot in disguise, could have put these subsidies in for 10 years or 20 years or 50 years, 100 years. Instead, they chose four. So they're now expiring as we lead up to a midterm election. Well, that's a coincidence.

Certainly a coincidence. So we're going to get this increase, which again, is going back to their plan, their Affordable Care Act plan. That's what the return is to. But they completely say that this is now, we're used to it. We've had these subsidies for five years. So now any change from those COVID subsidies that were only supposed to be for the pandemic is now this terrible thing that you're doing to people and ruining their health care.

But as I was thinking about all of this, and I think you've had these same thoughts. when you think of a strategy and how this whole shutdown is playing out, the media has been very weird about it. They have not covered all the sob stories. They have not created a sense of urgency for this shutdown to end. They're coming. Which is what they always do. Which is weird.

And I think, at least my working theory on this is that the reason for this is November 1st is the beginning of the signups for Obamacare to go. into 2026. In the Affordable Care Act. Yes. They are planning, and this is why they've been setting this baseline, a baseline buzz of we're the people trying to lower your health care costs. That's what the Democrats have been saying. Not with lots of passion to open up the government, because they don't actually want

the government opening up yet. What they want is for people to open up their little computers and go to the Obamacare website, assuming it works. And when they get there, to be greeted with four times the, amount of cost for some people. We'll see how that actually works out. But higher costs. And then they will say, well, wait a minute. What's going on? Oh, this is what they're fighting about. And it was the Democrats that were trying to help us. And the Republicans were trying to raise our costs. Now, that's a typical partisan battle that Republicans theoretically have a really good argument on. We just kind of outlined.

No, they don't. Yes, they do. That it's a ridiculous COVID subsidy. And they should have been talking about this the entire time. But the Republicans never have a good argument on anything. Well, they have good arguments. Do they use the good arguments? No. No. And this does actually tie into what I'm talking about here because I think I think the

Democrats are doing this with the knowledge that they have already when this stuff happens enough Republicans to fold on this issue. I think they already know that they can get enough Republicans once the

the anger starts to break out to come to their side and fold that they're not worried about pushing this forward. They've already either talked to or just highly suspect Republicans will fold on this issue the second it presents itself. We're already seeing cracks before it's happened. And that the end of this game is that we on the right wind up a bunch of representatives of us on the right wind up folding to this and giving a COVID-era subsidy, or at least a good chunk of it, to the Democrats in reaction to whatever anger we see

in a couple of weeks. No, I see. And may I politely disagree with you? I think what the Republicans are going to do is they're going to come up with a better plan. They're going to cut the Democrats off by the knees and go, see, we told you this wasn't affordable. And that's why we need to change it this way, because it will make it more affordable to have health care.

We're going to free up the market a little bit. you won't have to worry about these these subsidies at all because we've we've presented something that will actually work are you M night shaman that is a twist it is that is like whoa that never happens yeah yeah because it does I see dead people it doesn't it's never going to happen there will be Republicans who attempt that I mean we've had plenty of plans that have been some of them good some of them not so great but will they win or will the pressure of, you know, healthcare needs to be a, I mean, like we've already seen multiple Republicans come out and already admit they want these subsidies.

There's already people on the right already saying it. When the pressure actually hits, every time in the past, we've always seen Republicans fold. Now, look, Donald Trump does not seem like the type of guy who folds under this type of pressure. And if he really cares about this issue, I don't think Republicans will. fold on it. I think if he's out there. But yeah, but I don't think it's central to what he, I know. He, what's central to him right now

is making sure that people can afford their life. And, uh, any plan that they would have, uh, if it's a long term plan to fix this, it, it doesn't help him right now. He's got to win the midterms. You know, gas.

Gas is what, 3.04? Lowest since 2020. Um, and you have eggs back to a $119. I mean, so affordability is happening, but people are not recognizing it enough. And if you raise prices, especially a big ticket item like this. Like healthcare, that's all anybody's going to be talking about. So he, you don't see him as being centrally focused on this.

Obviously, he's got a lot of other things. I mean, he's working on peace in the Middle East. Because this is not, this is not what he does. He doesn't do this. He doesn't do the, he doesn't do big, the health care thing. He doesn't. He doesn't. He just hasn't.

And neither do the. Republicans. There's nobody that's actually putting anything forward that's going to be good. I think HHS is working on something. I think they're doing some things. You know, the way Donald Trump does them, you know, passes these these things, you know, buried in other bills and then just moves them in. And I think you're going to see. And there are tweaks around the edges that you've seen pretty confident about it. I'm pretty confident that they're going to be making some tweaks, but it's going to take a long time. It's going to take state by state. They're doing it state by state.

And I think that could make a difference, but it's not going to make a difference in November. And it won't make a difference next November. One thing I will say, though, about it. Because I think you're right. Donald Trump is not like an ideological free market health care think tank guy. That's like not who he is. Which is, you know, again, he does a lot of other things really well. I would love some of that in our lives, but, you know, not necessarily his focus.

But one thing that I will note that Donald Trump is very focused on and makes sure. that he is a high priority item is not losing. And if the Republicans go through a shutdown that at this point, at the point of November 1st hitting, will be about, I think at that time, technically the second longest shutdown in our history, but close to the first longest. And he's going to say, he's going to be like,

okay with being like, all right, here's a bunch of free money that you've been demanding, that you've been holding us hostage to give you. And that we just, by the way, tried to work on in the last big beautiful bill, let's just give you a bunch of that stuff back. That doesn't sound like him either. It doesn't.

Because it was in the big beautiful bill, it's going to be harder. But they might give it for a temporary period. It might do it for six months or something like that. I could see them coming to the table and saying, okay, we're going to give you this money for six months. And it's got to get us past, you know, the shutdown.

It's supposed to what happened, November 18th or something. There's another one coming. Yeah, there's a November 21st, I believe is another one of the dates to watch. It's ridiculous. And I could see them trying to make that deal right before the Obamacare increases happen. So they take away any victory from the Democrats. But the Democrats may not accept that because they want that victory. They need that.

otherwise they just look stupid. And you know what? They're honestly, they are in trouble. I mean, there's a headline in today's show prep that is so true. They're afraid of the guillotine from their own side. And it's true. They are. I mean, these are the people, you know, this is, this is, you know, the French revolution on the left.

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10 seconds and back to the show. What else have we not? I mean, I just can't get in. to the, I mean, the stupid Robert De Niro thing is just stupid. Well, you still haven't really addressed why Donald Trump is knocking down the White House for his own. Well, he just hates America. That's what I've been reading.

Yeah. And how crazy excited the left should be that he's knocking down something built by slaves. They're like, we got to preserve that. That's for slaves made that. It's weird. I actually do have questions. about this, though. What? What question do you have? Well, and they come from, you know, everybody's source of thinking these days, which are group, uh, group texts that I'm on with

some friends. Right. Like, I have really basic questions of like, like, I feel like there'd be like a conversation and a bill passed if we were going to put a giant new building on the, at the White House, but nope, is that's not how it works at all, is it? Nope. How does it work? I don't understand. How does this work? You ready? Yes. So the president says, I want to change the White House. Okay. And the White House architect says, how would you like to change it?

And he says this way. And they say, okay, well, you need to approve all the permits. Okay, I approve all the permits. Okay, we change it. That's literally how it happens. Really? Yeah. They can do anything they want.

Well, I mean, within reason, I mean, when I say within reason, I think with restraint from public outcry. Like, if I, I want to paint. the White House black. Well, you know, well, as president, you can do whatever you want, but I don't think that will fly with the American people. So there are some standards in there, but I'll tell you about a conversation I had with Trump next.

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$15,000 will put a machine in a needy women's center, saving countless lives for years to come. Dial pound 250 and make a donation. Pound 250, say the keyword baby or go to preborn.com slash Beck. Don't forget, I'm with Megan Kelly this Saturday at the Dickies Arena. You want to get tickets. Go to Megan Kelly.com. Welcome to the Glenn Beck program. We're glad you're here. Thank you so much for listening. You know, Stu is like freaking out about the White House. I'm not freaking out. I just think it's an interesting. I thought there would be more of a process to something like this.

Nope. Because I do not think at this point, the American people understand what is about to happen, which is like the White House is about to double in size. Uh-huh. Just by my eyeball look at it, it looks like it's going to maybe be more than two times the size. It's going to be large, but it's not the actual White House. it is part of the East Wing. That's a totally misleading

commentary. No, it's not because the White House is the original piece from the 1700s. Okay, that's the center house. The East Wing and the West Wing was not done until FDR. They were added later.

You know, the biggest change to the White House in the last, well, since FDR, and it happened in our lifetime right after 9-11. The White House became enormous, but it was all underground. They completely changed everything underground. And we didn't have a conversation about that at all.

Because it's underground. I assume all sorts of things are happening underground. Our well-known monuments and buildings. But this is a, like, it's not a, they keep saying this, though, they're going to be changing the West Wing. That's not what they're doing. The East Wing. The East Wing, sorry.

They're going to be changing the east wing. That's not what they're doing. This is like doubling the size of the White House. Now, I'm not opposed to that idea. I'm just sort of surprised that it wasn't like a big conversation and a bill. All right. Okay, okay. All right.

You ready? Yes. So was Donald Trump. What do you mean? So I'm in the White House with him and I'm up in the private quarters with him. And he's showing me some things that he is doing and talking to. me about some other things that I can't talk about because he doesn't want. I don't know why.

He didn't want to discuss it. I didn't want to discuss it. And I don't know why, because it's all really good stuff. But anyway, so we're talking about it. And then he brings up the ballroom. And we're walking down the stairs from the residence and we're going into the ballroom. And he says, you know, there's the ballroom. The Erebrenleke did it.

And I said, you know, it's that window over there that Frederick Douglass opened up the window and had to crawl in. because they wouldn't let him in because he was black. And Abraham Ling is like, let him. He's my friend. Why is he coming through the window? And we were talking about all the history of the ballroom and that it's very, very small because it was built in the 1700s. And we keep using that ballroom.

And he's like, you've got to have a bigger ballroom. We have it out, the wet, the cold, the raid, and yada, yada, yada. And so he said, we come over to a window and he's like, right there, I've got to build a big, beautiful ballroom. and it's going to be better than anybody thinks it's going to be the biggest most beautiful ballroom and and i like i you know just try not to laugh you know because that's the way he describes it and uh he said you know surprised i could do that and i said i bet how long is that going to take what's that process like and he's like right that's what i asked he said i went to the i went to the i

don't know chief usher or somebody whoever's in charge of the white house i think it's a chief usher he said i think we should have a ballroom and he's like what do i do and he said he's said, well, you just have to talk to the architect. So he went to the White House architect. Now, this is the guy who makes sure the integrity of the White House stays, okay? Like you can't make it into a modern house. Okay, you're not going to redesign the inside and say, you can add some gold, I guess. You can add a lot of gold, I guess.

But you can't make it into like, you know, you can't wreck the integrity of the White House. And he said, you know, I just put these flagpoles in. And he's like, all I had to say was I want to put some flag pulls in. And they're like, yes, sir, where? he's like what and he's like one in the front one in the back and they're like okay just tell us where so he went out the yard and was like right here right there and they put him up and so he's he's talking to the white house architect and he said we got to have a ballroom and i think we should have it over here the east wing you should be a big beautiful and he said

but what is this going to take and he's like well it's going to be very expensive are you expecting the people pay. And he's like, no, I'll raise the money for it. I'll pay for it and I'll raise the money extra. So American people are not going to pay for it. And the Arctic said, well, then all you have to do is sign the permits. And he's like, what? And he said, well, you have to go through the permitting process.

And he said, how long is that going to take? And he's like, well, the president is the one who controls the process and signs the permit. So as short as you'd like it to be, Mr. President. and he's like, are you kidding me? And he looked at me, he's like, I'll have this done by spring of next year. So he can change it. What you have to understand is the east wing and the west wing,

those are FDR. So FDR went into a works project and he added those wings. The east wing is where the first lady's offices are. You be rare, just the east wing is like, you know, it's, it's just the east wing. And it's, okay. He's showing shade at the east wing? Yeah, I am. But anyway, and so what he's doing is he's taking some of it down and he's going to link it to the ballroom.

And the ballroom is going to be the biggest beautiful ballroom in Washington, D.C. It's going to link from there. So you'll walk, if you're in the White House, you'll walk from the front door. through the dining room, or the East dining room, you'll go into the East Wing and you'll go to the ballroom. I'm looking

at the renderings as we speak and that's exactly... I've not even seen the renderings. Oh, you haven't seen them? No, I just had him describe it to me. Can I see it? No. Oh. It's it they're mine. It's my computer. Okay. This is the... I can't obviously show to the people here, but you can see it

over here. It's big, beautiful. What a surprise. The tables are golden. By the way, It's amazing It's different My conversation About whether This is the

The You can't, it's already Zoomed in I mean, they're not the best images. My, here. There's nothing wrong with that.

What's wrong with that? It looks just like the white, it fits, it's appropriate. I was in the middle of saying It's, My conversation on this is not whether it looks good or is appropriate

or anything. Like, I actually think his point on the ballroom is so obvious every president should have been making it. The fact that we don't have a big room to have state dinners in, unless you wanted to do them off campus somewhere else. Right. You have to have that. And why not have it at the White House? It makes a lot of sense.

Except I don't want to pay for it. As a citizen, I don't want a dime going for it. You know what? Hey, all you Frenchies, you're going to eat on the lawn. Literally on the lawn. We just throw the food out on the lawn. Yeah. I mean, I'm fine with it.

that. But if he wants to pay for it, if he wants to get rich people to pay for it, go for it. I don't want any of my tax dollars going to it. Right. So my criticism is not how it looks or that we need it. I actually, they show the inside of it. And it seems like the type of facility we should have for these types of events. We're going to have them somewhere. Yeah. Why not have them there? I think, you know, I and who's better to build it than Donald Trump. One of the best builders of all time. We've had this conversation about how you project American power. Yes. And I think Trump's approach to particularly, I mean, we've seen it in the Middle East,

but I think it's been effective around the world of these trappings actually are effective in diplomatic relations with other nations. It's not like just Donald Trump has a lot of places that are lined in gold. He can have meetings. It's not like that's what he wants it for. The left tries to portray it as, oh, he just wants a big, he just, of course he does. He wants this big, no, it means something to him. and he knows how these people think.

No, no, it, it, because he, I asked him, I won't tell the whole story. I really want to, really desperately. But, you know, he's gilding everything. And that's not necessarily my favorite look, you know. Right. And, and he came in, Tanya and I were alone in the Oval for a while. We were talking about it about it. And he comes in, he says, you know, I'm doing all this.

You see all the gold. I'm like, yes, I can't miss it. You can't miss the gold. And he's like, you know, it's so important. These foreign leaders, they all come from palaces. And they don't understand. And I know, you know, the White House is different. America's different.

But they understand power in a different way. And he said they're coming from these old countries and these big buildings and these palaces. And he said, it is important for us to project power. Yes. And that's, and that is why he's doing it. It's not because he likes gold. He's doing it to project power and wealth. Notice how many prime ministers.

They're all flying in all the time from all over the world. You know, I've never seen a president meet with so many foreign dignitaries in the White House all the time. Yeah, and the media likes to say, well, that's because he's self-important. Oh, he's projecting American power. I think so, too. And when I say it's important to him, that's why it's important to him. Because he believes it's an important tool in that world. It's not him.

He knows the language they speak in not just body language or, you know, spoken language. All of the entire, that's what protocol is all about. It all means something. And so my criticism, and it's not even criticism, my observation is not whether it fits or whether we need it or whether it's appropriate or Mike, I don't think my observation here in the group text that we're, we started this with, was just that like, holy crap, I don't think the American people have any idea what's about to happen.

Like, every time I bring this up to Glenn and you have to understand how these, the conversations work, I say, people are going to look at the White House and it's going to be like totally different. He's like, oh, President Tyler did more than that. And I ain't for a shot up. That's what I get from Glenn.

Oh, well, there was more changes underground. You don't understand the piping. they totally change the piping back in 1807, you moron. Okay, I'm sorry. I didn't know that. What I think of, and you know, FDR made these changes. My wife, it's been the same pretty much from the outside. I know what the White House looks like.

You go up there, you look at the White House. It looks like the White House. It is not going to look like the White House when this is over. It is going to look like the White House plus another White House. next to it. And it's going to be, I think, massively impressive, but I'm surprised there's not more conversation. When's the last time you were in Washington, D.C.?

The inauguration. So you would not believe the difference in the White House grounds. The difference from, you know, when I went with George Bush, you could stand right at the front gate. Right. You can't do that anymore. They've taken the park. The park in the back is all gone.

the security, everything, all of the trees, everything that has been done to not see the White House except for that iconic front. Yeah. You know what I mean? Everything else is not really, you don't see it like you used to anymore. You don't walk up to it anymore. I mean, I was in town for the inauguration. Last time I actually walked by the White House, it's been a long time.

Oh, you would not, you won't recognize. I mean, just driving by and seeing it. Now, you'll get pictures of it and everything else. But walking by it, today, you wouldn't recognize it. It's, it's, what has had to, what has happened with security is so sad. I mean, I have the bell from the White House front desk. There used to be a little desk right in the front, right as you walk in, there was a desk and a bell.

and I have it. I think it is from Tyler's administration. And you'd walk in and you'd hit the bell and you'd say, I want to see the president. And somebody would say, okay,

all right, sit over there. And you would wait. You might wait all day, but you got to, you could walk in without an appointment and see the president of the United States. Oh my God.

You're not getting in within two blocks of the White House now. It's sad. It's sad what's happening. Yeah. I mean, and for good, again, I wouldn't disagree with that either.

It's for good reason, security-wise. Yes. But I think of back, Glenn, the classic, I think what everyone thinks of when they think of the White House is, of course, the scene from Superman 2. Try to remember. Where they show the White House, and it's supposed to be, it's a motion picture, but they were too lazy to actually get video footage of the White House. So it's just a still, and you can tell because there's, like, you know,

things that should be moving that aren't moving. So. is that because on Independence Day, they blew it up? It could be. They could be that. I mean, they only had a picture. They had rebuilt it. But the Independence Day is another good example.

Like, you have that picture of what the White House looks like. And, you know, I guess from certain angles, it's still going to look pretty much the same, right? From the front, you're not going to notice it because it's kind of wrapped around the back. But like that, the back is pretty iconic, too. It's not going to look like that anymore. It's going to look in some ways a lot better and more impressive, but it is a major change that I, when you say, hey, they're redoing the West Wing and putting a little ballroom in there. That's not what they're doing.

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As she comes down, she's doing this tour, and you can get tickets to that or any of the other tour stops she's doing at Megan Kelly.com. I'm excited about that. I'm going to be on Megan Kelly here in just a few minutes, so join us there. Wow, she's just, she's just bleeding us dry, isn't she? Apparently so. Apparently so. Just taking and taking and taking.

Well, I'm going to confront her about that on Saturday. Anyway, Sue will be up on the XM Serious Network with Megan next, and I will, of course, see you back here tomorrow for the Glenn Beck radio program and online. Glenbeck.com. This is Glenn Beck.