Bono: Capitalism, not aid, lifts people out of poverty

Is Bono a closet conservative? He certainly seemed to understand conservative economic principles pretty well during a speech at Georgetown University earlier this year, in which the rocker advocated for “commerce [and] entrepreneurial capitalism” as an alternative to aid in third world countries.

“He can't do what he's done and be a total jerk. He's not doing all that charity work and everything else because he's a bad guy,” Glenn said of Bono on radio this morning. “He's a good guy. He's just misguided by going to the governments [of these countries] and asking for a bail out. Well, let me play some audio…. Listen to the left’s icon: Bono… Listen to what he just said about capitalism.”

BONO: So some of Africa is rising and some of Africa is stuck. It’s a question of if the rising bit will pull the rest of Africa up or whether the other Africa will weigh the continent down. Which will it be? The stakes here aren’t just about them.

Imagine, for a second, this last global recession, but without the economic growth of China and India, without the hundreds of millions of newly minted middle class folks who now buy American and European goods. Imagine that. Think about the last five years.

Rock star preaches capitalism. Wow. Sometimes I hear myself and I just can't believe it. But commerce is real. That's what you're about here. It's real. Aid is just a stopgap. Commerce, entrepreneur capitalism takes more people out of poverty than aid. Of course we know that.

“Did you hear that,” Glenn asked. “‘Aid is just a stopgap.’ See, here's what the President is so screwed up on… The President is saying that the best – all of his minions are saying this: The best thing we can do for job growth, the best thing we can do for people is put them on aid. No, that's a stopgap. That is to go in and rescue somebody when they are in panic situations.”

Benjamin Franklin is known for his charitable work. He founded Pennsylvania Hospital in 1751 with Dr. Thomas Bond "to care for the sick-poor and insane who were wandering the streets of Philadelphia." One of the reasons he became involved with the hospital was because he believed in charity. He feared the government aid programs he saw in England, and sought to provide an alternative for the people of the colonies.

“If you put this into your system, over a long period of time, it will kill the spirit and it will kill you. The same thing can be said about temporary aid going on too long,” Glenn said. “This is why Benjamin Franklin eviscerated England. You have to make people uncomfortable in their poverty because we love people. We're charitable. This is the guy who built the first charitable hospital. He hates the poor? No. He says, ‘If you continue to give aid like England did, you will destroy the spirit and then your whole thing will fly apart.’”

“Here's what Bono is saying. [Aid is for] an emergency,” he continued. “You come in, and if there's somebody that is hurting, if there's somebody that needs help, and they can't find anyway to help themselves, then we as people – not American citizens – we as humans have a responsibility and a right to go in and help others.”

But, again, that right and responsibility is a temporary solution to a long-term problem. The left typically fails to acknowledge the long-term solution, but Bono’s decades of charitable work in third world countries has shown him that the only answer to poverty is sustainable economic growth.

“Bono has given aid and begged governments for so long – aid, aid, aid, aid, aid. And then he comes back ten years later, and he's like, ‘This situation is not any better.’ And so he puts his brain in gear,” Glenn explained. “Instead, give them that temporary relief, so they can get themselves back into shape, a little bit stronger. Then you slowly remove the aid from them, and they do it themselves. And then you have the resources to go give the aid to another part of the world, or another community, or another family… I am a fan of Bono because of this. He gets it.”

“Look at how much time and money Bono puts into aid. Look at that,” Glenn concluded. “And then he has the balance to come out and say, ‘Look, I can't believe I'm even saying this. This isn't the guy I wanted to be. Buts this is the truth.’ It's fantastic. If I was on the left, I'd be going after rodeo clowns too because… this thing is coming apart. People are on to you.”

A shocking new report by The Daily Wire reveals that the furious father whose arrest at a school board meeting likely sparked the call for the FBI to investigate anti-CRT parents like domestic terrorists was furious for good reasons: The Loudoun County School Board allegedly tried to cover up his daughter's rape.

Rep. Chris Stewart (R-Utah) joined Glenn Beck on the radio program Tuesday to discuss the incident and explain why he joined 60 lawmakers in a letter to Attorney General Merrick Garland demanding answers for why the FBI is targeting parents.

"We want to know ... what kind of coordination took place between the White House, activist groups and teachers unions, and the Department of Justice," Stewart told Glenn. "Because we have evidence that there was [coordination] and, in fact, that the White House are the ones who initiated this. They asked for these activist groups to write this inflammatory letter to the Department of Justice saying they were 'intimidated' and that they 'felt threatened', giving the Department of Justice Attorney General Garland, the excuse to say, 'Okay, well, we have to respond'."

Stewart went on to say he believes the federal government would only involve the FBI in such an issue if its purpose is to silence and intimidate parents concerned about the "poison" being taught to their kids in school. So, what can he and the other representatives who disagree with the Biden administration's overreach of power do to stop it?

Watch the video clip below to hear Stewart explain:

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Taiwan's Foreign Minister Joseph Wu is now warning that his nation is preparing for war with China after Beijing flew a record number of warplanes over Taiwanese territory. Wu reached out to another country for help, but it wasn't the United States.

In a video, Wu urged Australia to help prepare for a possible invasion, but gave the U.S. no mention.

"The defense of Taiwan is in our own hands, and we are absolutely committed to that. And if China is going to launch a war against Taiwan, we will fight until the end. And that is our commitment. And, of course, during this period of time, we would like to exchange with other countries for security cooperation," Wu said on ABC News In-depth's China Tonight program. "We would like to engage in security or intelligence exchanges with other like-minded partners, Australia included, so that Taiwan is better prepared to deal with the war situation. And so far, our relations with Australia is very good. And that is what we appreciate it for."

On "The Glenn Beck Program," Glenn, Pat Gray, and Stu Burguiere discussed whether or not America would do anything during such a conflict — because it sure seems like President Joe Biden is more focused on working with China to fight climate change. Plus, why did China just cut off all cryptocurrency?

Watch the video clip below to catch the conversation:

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On "Glenn TV" tonight, Glenn Beck heads to the chalkboard to reveal how the fundamental transformation of America has already begun by turning the Declaration of Independence upside down.

If Donald Trump was a dictator, then what do we call President Biden? In Biden's first nine months in office, he has already issued 64 executive orders – that's more than Trump, Obama, W. Bush, Clinton, Bush, and Reagan each issued in their entire first years in office.

You never hear the Left talk about the Declaration of Independence, the Constitution, or the Bill of Rights any more, unless it's to "reimagine" the Constitution or slap a "harmful content" warning on our founding documents. Seriously. The National Archives said while its website label wasn't targeting the Constitution specifically, "some of the materials presented here may reflect outdated, biased, offensive, and possibly violent views and opinions." The Left finds basic, guaranteed rights so offensive they now spend all of their time on workarounds to deal with America's annoying founding documents.

Watch the full episode of "Glenn TV" below to see Glenn outline the aggressive unconstitutional abuses "King Biden" is jamming down our throats and teaches Americans how we can defend against presidential tyranny.

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On the "Glenn Beck Radio Program," Glenn explained why he wouldn't be surprised to see our supply chain collapse and empty shelves in America in the near future. Shortages are already wrecking our economy, China (where many of our goods are still made) is facing an energy shortage, and the Biden administration sure seems to be doing everything it can to make things worse.

Glenn noted a serious warning from American CEO Mike Beckham: "There's a major storm brewing in the supply chain," Beckham wrote on Twitter.

Thanks to China's centrally planned system, electricity shortages are causing huge delays in product manufacturing. In fact, some items are facing a 33 percent cut in production. "It could dramatically impact every [American's] life next year. But almost no one knows about it yet," Beckham warned.

Glenn went on to explain exactly what this means for you — and what you can do to prepare.

Watch the video clip below to hear Glenn break it down:


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