Cyprus banks re-open, media spin is hilarious

The banks reopened in limited capacity in Cyprus today, with significant capital controls put forth by the Cyprus Ministry of Finance in order to avoid a run on the banks. These controls are supposed to be in place for the next seven days, and, according to Reuters, the Cypriot depositors will be unable to:

• Cash a check

• Withdraw more than €300 a day

• Take more than €3000 in cash per person in any currency out of the country

• Purchase more than €5000 in foreign goods and services with a credit card each month

• Make non-cash payments outside Cyprus without documentation showing they are paying for imports

On radio this morning, Glenn, Pat, and Stu broke down the ridiculousness of the situation – in particular, the media’s ‘nothing to see here’ coverage of the banks re-opening.

“They are allowing you up to 300 [euros]. It's great. Everything's fine in Cyprus,” Pat quipped. “Oh, man, you haven't been to the bank in almost two weeks and if they allow you 300 bucks, now you're set. That's fine.”

No need to worry! The media has provided some truly groundbreaking reporting today, letting us know that everything is fine on the streets of Cyprus.

“Have you seen the spin on this,” Pat asked.

“Oh, yeah, I have,” Glenn responded. “I think it's up on TheBlaze, I read it this morning, all of the tweets coming out this morning saying, ‘Guys, there's no problem’; all the journalists over there, ‘There's no problem.’”

TheBlaze compiled some of the commentary coming out of Cyprus in story posted earlier today. The Associated Press reported:

“Across Cyprus, large but orderly lines formed ahead of the opening of banks for six hours from noon, and guards from private security firms reinforced police outside some ATMs and banks in the capital, Nicosia… People filed calmly into banks across the country once they had opened, and no crowd issues were reported.”

4 News took a similar tone, with economic editor Faisal Islam reporting:

“For Cypriots, who have been struggling to cope with the bank closures that have seen cash rationed at ATMs, the reopening of bank branches was an orderly, welcome development, despite the stringent new controls on the use of cheques and the export of cash… So far, it would be wrong to call this a bank run, even though it looks like one. It’s transactional demand for cash after two week closure… Calm, dignified, and not a bank run. But impossible for it to be so, because of capital controls. Cypriots making best of bad situation.”

The Wall Street Journal took a slightly different approach, but the message from multimedia producer Dipti Kapadia was still:

“Surprisingly, little panic as Cyprus banks reopen."

While all may appear fine and dandy on the ground, Glenn explained the ramifications of the Cyprus bailout will be anything but. The larger implications of this situation allow for complete governmental control.

“Well, first of all, they are only allowing you 300 [euros],” Glenn said. “Why go to the bank? Just go to the ATM. Why even go to the bank… This is not a good situation. But, train them. Train the people: You'll take out as much as we tell you can take out. And you'll do it in an orderly fashion.”

“And you'll remove none of it from the country,” Pat added, referencing another one of the capital controls.

“That's right. That's right,” Glenn concluded. “Welcome to it, gang.”

After imprisoning a pastor for refusing to follow COVID-19 restrictions, Canadian officials barricaded his church. And when some church members retaliated by tearing down part of the fence, Canadian Mounties arrived in riot gear.

Rebel News Founder Ezra Levant joined Glenn Beck on the radio program to give his insight on the crazy situation. He described the new, armed police presence surrounding GraceLife Church in Edmonton, Alberta, and how it not only encouraged hundreds of protesters to stand with the church in support but forced congregation members underground to worship as well.

What's happening is eerily similar to what occurs everyday in China, Levant says, and it must stop. Who would have thought this type of tyranny would be so close to home?

Watch the video below to hear Ezra describe the religious persecution taking place in Canada.


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Enough prayers? Why is supposed Catholic Joe Biden suggesting that Congress ought to stop praying for after someone commits acts of gun violence?

On Friday, Stu Burguiere and Pat Gray filled in for Glenn and discussed President Joe Biden's remarks during his speech on gun control. "Enough prayers. Time for some action," Biden said. Stu and Pat were surprised how dismissive Biden appeared to be on the idea of prayer.

Watch the clip to hear more. Can't watch? Download the podcast here.

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Just days after Canadian pastor James Coates was released from prison for refusing to bow to COVID-19 lockdown restrictions, several police officers showed up at another church to ensure restrictions were being followed. But Polish pastor Artur Pawlowski of the Cave of Adullam Church in Alberta, Canada, knew his rights, telling the cops not to come back until they had a warrant in hand.

Filling in for Glenn Beck on the radio program this week, Pat Gray and Stu Burguiere played a video of the interaction.

"Please get out. Please get out of this property immediately. Get out!" Pawlowski can be heard yelling at the six officers who entered his church.

"Out! Out! Out! Get out of this property immediately until you come back with a warrant," he continued. "Go out and don't come back. I don't want to talk to you. You Nazis, Gestapo is not allowed here! ... Nazis are not welcome here! Do not come back you Nazi psychopaths. Unbelievable sick, evil people. Intimidating people in a church during the Passover! You Gestapo, Nazi, communist fascists! Don't you dare come back here!"

Watch this clip to see the heated exchange:

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One of the most dangerous existential threats to the United States is Critical Race Theory, or CRT. As Glenn Beck has exposed over the past year, CRT is gaining momentum and has been preached in our universities for a while now.

Then last August, leaked documents revealed that Marxism, activist ideology of Black Lives Matter, is making its way into grade school classrooms across the country. And since then, things have only gotten more intense.

On next week's Wednesday night special, Glenn will expose the new ways progressives are systematically indoctrinating our kids and culture with this dangerous ideology. But first, it's crucial that you know what your kids may already be learning.

"What I'm about to show you is just the beginning," Glenn said, introducing the leaked documents.

"I found it shocking that Black Lives Matter supporters have developed lesson plans that start from preschool all the way up to the 12th grade," he continued. "Do you know the money it would take to tailor things ... and get it out to the schools and the unions for each age, to be able to brainwash the kids on Marxism and how to destroy capitalism by using race, sexual orientation, and gender?

"Our children don't stand a chance," Glenn added later. "They're not being taught anything except how to be radical activists. What the hell has happened?"

Watch the video clip below or find the full episode here.


Want more from Glenn Beck?

To enjoy more of Glenn's masterful storytelling, thought-provoking analysis and uncanny ability to make sense of the chaos, subscribe to BlazeTV — the largest multi-platform network of voices who love America, defend the Constitution and live the American dream.