Are banks 'gangsta'?

Everyone's favorite liberal, Maxine Waters, is a (bad) quote machine. She lived up to her reputation once again in a recent rant lashing out at 'gangsta' bankers. The real shocking part of this story is - did Glenn Beck actually agree with Waters?

Waters told an audience, “It's time for the bully pulpit of the White House to bring the gangsters (aka the banks) in, put them around the table, and let them know that if they don't come up with loan modifications and keep people in their homes, that they've worked so hard for, we're going to tax them out of business.”

“Are banks gangsters? Yeah, I think they are,” Glenn said to the surprise of Pat and Stu.

“There's another generalization, though, and another stereotype that you just can't blanket like that. It's a blanket statement,” Pat argued.

Glenn suggested that, as an organization, Bank of America was a “gangster”, but was quick to point out he didn’t mean all the employees. “ I wouldn't say that about all the people that work in Bank of America.”

“I feel like it's so easy to just sit back and say the banks are a bunch of gangsters. I mean, the vast majority of the transactions these people do are solid and they're willing on both sides, including a lot of those mortgages where people who apparently worked so hard to get a zero % down mortgage for a house they couldn't afford,” Stu said.

“I hate to be dog piling on the bank, but, I mean, let's be fair here. There are people on both sides of the issue. The banks aren't loaning the money. They're not loaning the money. They're sitting on the piles of cash. Now, they're doing it because of some of the policies of the President. They're doing it also because they're a business and they know that the economy is in trouble, but the ones that are really doing the right thing, I think, the ones that are doing the right thing are the local banks, the small banks. They're really trying and the Federal Government is coming down on them like a box of rocks, where you've got these big huge five top banks and I know this isn't a bank, but I put Goldman Sachs into this. I think Goldman Sachs is in this web,” Glenn argued.

“Here they are. I mean, they have all the control, they have all the people, all in the right places, not that Goldman Sachs hasn't done some good things, but, please, please, you're in bed with gangsters. How are you not a gangster?” Glenn said.

“But you and I have known and know people involved in Goldman Sachs,” Pat said. “They're not out to screw anybody. They're not out to take anybody's house. They're not out to force somebody who makes $20,000 into a $10 million home. They're not trying to do that.”

“But they're in bed with gangsters,” Glenn said, “and I'm sorry if you're doing business with gangsters, there's somebody on your payroll that's a gangster themselves.”

After a break, Glenn returned to the topic.

“What Maxine Waters now is doing is setting the table for, please, please, just seize control and help the American people. It's extraordinarily dangerous. But she brings up the point of the gangster banks. I have to tell you, I think there are gangsters in our big businesses and our big banks. There are gangsters because they're gangsters in government and when you're in bed with a gangster, I'm sorry, but you are a gangster. You may not be a mob member, but if I'm doing business with the mob and turning a blind eye, I'm sorry, you might as well be one.”

“I'm not anti-corporation, but I think we have come up with a system of thuggery and gangsterism,” he continued. “

Stu, however, felt that the same people putting pressure on the banks to make predatory loans are the same ones telling people to walk away form their loans.

“Think about the process. Banks are forced and encouraged to give loans to people who can't afford them by the government and pressure groups. Banks are being accused of targeting the poor and -- so, then all these people get these loans and they default on them appeared, yet, who gets blamed for that? The banks,” Stu said.

“Then these same pressure groups come out and they say, Walk away from the loans, just walk away, drop off your keys so the banks get screwed on those loans. Then it's -- you know, again, they've got to deal with people walking away. Banks have to deal with that somehow. So, they tighten up their lending restrictions. So, what happens, government and pressure groups again say they're targeting the poor and sitting on their own all over again and the entire circle runs around and runs around and runs around and when did this end?”

“ It's too late for the banks because they compromised themselves all of the away long. You get what you deserve. You made your bed. Now sleep in it,” Glenn said.

“ I'm saying the structure in the system is distorted and bad. It needs to reset. Let them go out of business. Let people do what they are supposed to do. If you took out a loan, you're responsible for the loan. You've got to pay off the loan.”

Glenn also said that the banks, even though many were bullied into predatory lending, went along with thinking it would pass. “ We're talking about being bullied into it and being bullied into supporting these things. All of these companies, they all said, Well, do you know what? It's better to play along. It's better to get along. It will pass. It will pass. It will pass. Just do this and it won't work. The framework was helped to be built by these banks. They helped.”

Glenn Beck: Here's how YOU can fix the Great Reset's housing crisis

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How's the housing market looking these days? Because under Build Back Better (aka the Great Reset), investors are grabbing up homes at a record pace.

On "The Glenn Beck Radio Program," Glenn discussed a recent Redfin News report, which shows that almost one in five homes sold in the U.S. during the third quarter of 2021 was purchased by an investment firm, and many are paying tens of thousands of dollars over the asking price.

"Think of that, one in every five homes that are sold are going to a big investment firm," Glenn said. "Investors bought more than 90,000 homes, totaling more than $63 billion, representing 18% of all homes sold in the quarter. The numbers broke all records."

"The same factors have pushed more Americans to rent, which also creates opportunities for investors, because investors typically turn the homes they purchase into rentals," he continued. "And now they can charge higher rents. Rent for single-family homes surged by more than 10% in the 12 months, through September. The fastest annual rent inflation in 16 years."

"And nearly 77% purchased were bought in an all-cash transaction," Glenn added. "That's not your average person. These investment firms, like BlackRock, are going in and buying entire neighborhoods. They are the people that come in, and say, 'I'll give you $70,000 over the asking price.' ... Now, why would investment firms think they will just be able to make money paying $70,000 over the asking price? What is it that they know, that you don't know? Could they know, as the Great Reset states, that by 2030, you will own nothing and you'll like it?"

Watch the video clip below to hear Glenn offer his thoughts on how you can solve the Great Reset's housing crisis:


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On "Glenn TV" Wednesday, Glenn Beck exposes the radical plan to flip the United States from capitalism to socialism and into a lawless nation. It's an old strategy that mirrors a communist Cold War playbook. The goal now, as it was then, is this: How do they get a revolution without all that civil war stuff? It’s a five-step plan, and we're deep into several of the main steps RIGHT NOW.

Our justice system has been infiltrated by woke leftists, and something called "the progressive prosecutor movement" is methodically transforming Main Street USA into Main Street Gotham City. We can see it all over the country in places like San Francisco, with the Waukesha massacre as a terrifying glimpse into more of what's coming. And the media? They're currently running interference in one of the largest misinformation operations in history.

It’s happening at the city, state, AND federal levels. And President Trump might be one of the biggest victims of them all, a fact that even Trump critic Joe Rogan has realized on the Russia collusion hoax: “No one is being held accountable!” That ends now, as Glenn calls on Americans to push back on the lies that keep us divided in a cold civil war.

Watch the full episode below:

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A "one-world government" is being formed right now and it’s called the Great Reset, Glenn Beck said on the radio program Monday. And now, rebuild plans for the fire-damaged Notre Dame Cathedral hint at the formation of a global church, too.

In this clip, Glenn detailed plans for the iconic, 850-year-old church’s "woke" renovations that sound more like a 'politically correct Disneyland' complete with a "discovery trail," "emotional spaces," and 14 themed chapels.

"Notre Dame is now being built back better as a 'woke theme park' dedicated to environmentalism and social justice," Glenn explained.

"There will be several different chapels within, [for example] a chapel for social justice, and then chapel for environmental justice," he continued. "Which leads me to this point. The 'one-world government' is being formed, right now. One-world government. It is being formed and it's called The Great Reset."

Glenn went on to predict that one of the first steps in the direction of a one-world government will be a push for a global religion.

"I think we're seeing the first church now being dedicated to the new global religion — and it is social justice, environmental justice, and all this gobbledygook. We all know, it's not just wrong, it is dangerous. That's the first church, the cathedral of Notre Dame, in France, is the first global church. Mark my words. Christian, Jews, Muslims ... this global church will bring darkness unlike you've ever seen."

Watch the video clip from "The Glenn Beck Program" below:

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The Omicron COVID-19 variant: Should we ACTUALLY panic?

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As the new Omicron variant of the coronavirus approaches, it seems like those in power want everyone to be terrified, Glenn Beck argued on the radio program Monday.

The chair of the World Medical Association's Council, Frank Ulrich Montgomery, is already comparing the variant to Ebola and New York Gov. Kathy Hochul (D) has declared a state of emergency, despite the doctor who announced its discovery describing the new variant's symptoms as "unusual, but mild." So, should we really be worried or not?

In this clip, Glenn and producer Stu Burguiere reviewed what we know about the Omicron variant so far and gave a few reasons why we should wait for more information before succumbing to panic.

Note: The content of this clip does not provide medical advice. Please seek the advice of local health officials for any COVID-related questions & concerns.

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