Is a Titanic event going to hit our economy?

This morning on radio, Glenn talked to Matt Bevin about our country’s current economic state. Are we really heading towards a massive crisis? Hear Bevin discusses pension plans and his ideas for combating some of our current economic issues.

GLENN: All right. So Kentucky, I mean it, you blow it, we are -- our love for you and your stupid horse race. It's over. It's over. We come with lawn mowers and we cut all of your bluegrass.

JEFFY: What about the bourbon?

GLENN: The bourbon, I take. The bourbon, I take. They had their chance with Matt Bevin as a great senator. Instead, you decided to give America the turtle, Mitch McConnell. Okay. How is that working for us, Kentucky? We want to thank you deeply for Mitch McConnell. But now you get another bite at the Matt Bevin apple, as Bevin is currently running for governor in the state of Kentucky. The primary for the Republicans is coming up on Tuesday, May 19th. It looks like he is in first place. This is the first poll where he's now at first place. It's a three-way -- a three-way race. But it is close. And 20 percent still undecided. We wanted to give Kentucky another chance to hear from Matt Bevin who we really greatly respect. Matt Bevin, how are you, sir?

MATT: Glenn, I'm doing great. It's so good to be on with you. A lot of pressure you guys are putting on me here. A lot of pressure. I don't want to be responsible for being double dead.

GLENN: Well, I'm telling you. So here's the headline in the Washington Post last week. Team McConnell isn't about to just let Matt Bevin become governor.

MATT: Yes. Did you see the quote at the end of that article? Brilliant.

GLENN: No. I couldn't take it.

MATT: Honestly, I would encourage you to go back and read the nuggets of wisdom that dripped out of the mouth of a certain individual at the end of that article.

GLENN: What did he say?

MATT: I won't even paraphrase it. It was idiocy.

GLENN: Will you look it up? So tell me why -- make the pitch to the Kentuckians who might not know you on why you would be the right person for governor.

MATT: We need somebody who is not a politician. Somebody who does not arrive in Frankfort already half owned or fully owned by somebody. Someone who comes with a fresh sheet of paper. We need somebody who comes from the outside business world. Somebody who understands how the wealth of this nation is created.

I'm a guy who grew up below the poverty level. I paid my own way through school. I'm a military veteran. I'm a small business owner. Employ dozens and dozens of people. I'm pro-life. I'm pro Second Amendment. I'm conservative. I understand firsthand how wealth is created. I'm the only one in this state that has ever worked in the pension business that's running for governor. And we have a significant pension crisis here in Kentucky.

GLENN: We have a significant --

MATT: You know, some of -- which is why I truly think myself -- I also have by far the best running mate who will bring such a great perspective to Kentucky. We offer an extraordinary opportunity, I believe, for Kentucky to go in the right direction. A constructive direction. One where we will be a magnet to people around this country and not the opposite.

GLENN: She's the African woman -- African-American woman that we discussed last time you were on. Right?

MATT: Jenean Hampton. Amazing. Exactly right. She is incredible. Twenty years of high-level management experience in the Fortune 500 world. Manufacturing. Experience. In particular, an engineering degree. MBA. Military veteran. War veteran. You know, former Air Force officer. Completely self-made. Raised herself to a level of opportunity here in America. It is an example to many, growing up in inner city Detroit in the '50s and '60s. Just an incredible, incredible woman.

GLENN: So, Matt, we are looking at a time where you would be governor where the financial world this week has been more honest than I've ever seen them be. HSCB has come out and said, they believe a titanic event is coming. And they said that the economy no longer has any lifeboats. I mean, that was -- that's pretty significant language. England is now discussing literally making cash illegal. So when the crash comes, everything becomes digitized, and that way, they can control what people are spending. And there is no cash in the system. We're looking at a time when banks could be closed or you see just even -- just social issues like in Baltimore, where the streets could be on fire. What do you do as governor if you're facing something like Baltimore, no matter if it would be a run on the bank, God forbid, or God forbid, you know, a police officer that's been shot there in Kentucky. You know that the Al Sharptons of the world will take, you know, people from Kentucky look like the biggest racists in the world. What do what you do if you're facing that?

MATT: I'll tell you this. One thing I learned in the military is you lead by example. What is it that has always made America great? What is it that has made us exceptional among nations? What is it that makes people want to come here both legally and illegally more than any other nation on the face of this earth? It is the fact that we are a nation, above all, we're a nation of laws. And I will tell you what, if I'm the governor of this state who are involved in government in any way, shape, or form, that I would do everything within my power to ensure that we uphold what makes us great. And we would uphold and defend the law. And we would uphold and defend this state. We would not make room for people to destroy or any of the rest of that nonsense. We would absolutely enforce the rule of law. Because this is what makes us exceptional.

GLENN: Do you have an opinion or -- just leave it at that. Do you have an opinion on the militarization of our police forces?

MATT: I think it's ridiculous. Let me tell you what it is. It's an outgrowth on the war of drugs. Every time the federal government declares war on anything, we've spent hundreds of billions of dollars at a minimum and ended up with more on exactly what we were fighting. Look at the war of poverty. More poverty. Trillions of dollars having been spent. Look at the war on drugs. A militarized police force across this nation. I think it's inexcusable. It's unnecessary. We now have people moving around in SWAT teams that have become the exact opposite of the old cop on the beat in some measure. This isn't helping them. It's not helping the community. Look at the war on terror. How is that working for us? We need to get the federal government out of all of these various wars on things we want less of. Restore power to local communities and states. This is part of why I'm running for governor. We can do more in this state to be an example. To be a beacon for the rest of America about how a constitutionally limited government should operate and how it will thrive and be an example to states around us.

PAT: Matt, what is the deal with the McConnell team, with Mitch McConnell and his former adviser and the irrational hatred they seem to have for you. Is it just that you dared challenge him for the Senate seat and did really well? Is it --

MATT: Yeah. I just think -- it's ironic. I heard from people -- he seemed not to have gotten over the last race. I seem to be the only one unfortunately that has. It's too bad. You know, the adults in the room are who needs to step up at this time. Not only here in Kentucky. Not only here in America. As you noted a moment ago. Nationally. Whether it's in London. Whether it's the people that are running the HSCB. What have you. All these banks. The IMF now, people looking to challenge the US dollar as the world's reserve currency. Trust me, if they are successful, that is the beginning of the end. Certainly for our country. We've got to bring adults to the table, and they've got to man up and lead as men and women of conviction. The likes of which we have not seen for a long time in this world.

PAT: So what's the biggest issue for you in this race? And what is -- what is the driving reason you got into the race for governor of Kentucky?

MATT: The reason I got in, in short measure, is that I didn't see those that were in, who I know and who are good people and who are far better than the Democrat operative on the other side of the equation. Nonetheless, none of them would put forward a plan. None of them would be specific. None of them would talk about how they would create jobs. That is our biggest concern in this state. We are an economic trouble. We're one of which Forbes refers to as the death spiral state. This has to end. We have to get to the point --

GLENN: They're calling you the death spiral over Illinois?

MATT: There were five death spiral states. I believe we and Illinois were in that group. We have now surpassed Illinois as being --

GLENN: Holy cow.

MATT: We are at the bottom of Illinois.

GLENN: So what is your plan to take care of that?

MATT: We have to freeze the existing plan. We can't keep exacerbating this by adding people to a system that we know is already on the fast track to insolvency.

GLENN: I will tell you, I don't know how you're going to do that, Matt. When I was at Fox, we did an episode where I showed how many firefighters it takes to pay for the pensions of the firefighters. And there's just not enough. I mean, it is -- you want to talk about voodoo economics. It is voodoo economics times 1,000.

MATT: If you look at our -- we just had a 30-day session with our legislature. They brought forward more than 750 ideas in their respective committees. And none of them seriously addressed this issue. We have just ignored it and hoped it would fix itself. You're right, demographics have changed to the degree that even things I'm proposing are not enough. We need to freeze the existing plan. We have to require more current participants. We have to go to a 401(k) type plan and give people lump sum encouragement to take their money out if they're young enough and stop becoming a part of the problem. But all those things in their combinations still will only begin to stop the bleeding. To reseal the wound, we'll need jobs.

GLENN: That goes back to my civil unrest kind of thing. When I was at Fox, we talked about when those pensions -- when it becomes apparent that the states cannot pay for those pensions, which they were owed. Everybody -- everybody plays this game. And everybody knows they're just hoping to get theirs out before it collapses. But when that becomes apparent. There is no trust with anyone. The governor is going to be hated, if he's trying to take the pensions away. The -- the people who are -- you know, the ones paying for the pensions, the tax holders are going to be I had a by the public servants. The public servants aren't going to understand the people paying the taxes and vice-versa. How do you heal that rift besides coming and saying the truth, guys, I know. Everybody is pissed off. But it doesn't work. So we're going to have to forget the promise that we made and now come back to the table with a different kind of system.

MATT: This is when our generation is going to have to reach deep and find among our ranks those that are willing pledge their lives, fortunes, and sacred honor. Because it will take leadership. We have a nation and a world full of Neville Chamberlains, and we need them to step up. Because the world depends on this. Our future depends on this. And it will not be easy. There will be hatred. There will be people vilified. If it's any comfort to you, I've been well-prepared for the last two years in having scorn and enmity heaped upon my head. So I'm as callous on that front as perhaps anybody. I'm willing to offer myself forward as a public servant at this time, and the voters of Kentucky will decide on May 19th.

STU: Matt, what are the main separation points between you and the other candidates?

MATT: The biggest issues are that before I got in the race, they were all for keeping the Obamacare exchange here in Kentucky. Now everyone is against it because I put a plan against it. I'm really against it. I'm really against Common Core. Mark Twain once noted that, history may not repeat itself, but it sure does rhyme. And that's kind of what's been happening.

GLENN: So they're against it like Jeb Bush is against it.

MATT: Exactly. Suddenly I find they're against a lot of things that I'm against. And that's all right. At least they're rhyming in the right direction. But those are differences that I know where I stand on it. And I've been clear, and I've lead in writing on that front. I'm also the only one in this race that grew up below the poverty level. We have a lot of people in this state in a similar way. I'm able to address that with empathy, not just with sympathy. I'm the only one that has a chance to be the next governor of this state that is a military veteran. We have 340,000 military veterans in this state. That's a big differentiator. I'm the only one in this race that upon winning -- running against the other side. I'm not a lawyer. They're the other guys running on the G.O.P. side are not lawyers. But both the people on the Democrat side are lawyers. We don't need more lawyers in government. I have a lot of good friends that are lawyers. But we don't need more laws in America. We have to start to be smarter with respect to the way in which we govern. I'm also the only one in this race with pension experience. I started a firm here in Kentucky that now manages $5 billion in pension assets. I understand firsthand this business because I've spent most of my adult life in it. We have to address things. I'm as qualified as anybody in this race to actually step forward and do it. Will it be fun? Of course not. Will it be thankless? You bet? Will I be hated by people, Democrat and Republican alike? Yes, I will. But guess what, leadership requires people to step up. And I'm putting myself forward and offering that ability to people at this time.

GLENN: Matt Bevin, he's running for governor in Kentucky. The primary is next Tuesday.

PAT: Don't blow it, Kentucky.

GLENN: Matt, I will tell you, you are blessed to live in one of the best states in the Union. I've lived in Louisville, Kentucky. I just loved it. It's such a great state. It's not only because of the beauty and the heritage of that state. But the people are truly fine, fine people. And we are hoping that they do the right thing this time around.

PAT: And don't you wish there was a way you could help Matt Bevin if you wanted to? Don't you wish there was a place you could go?

MATT: Pat, you are a good man.

GLENN: You know, he doesn't do this for everybody. I thought he did. But he doesn't.

MATT: I'll tell you, I mean it sincerely, guys. I'm grateful for you. I appreciate your willingness to come alongside in this effort. I appreciate your help. We do need help. Five days. We need every dollar we can get to get ourselves up there. If you want people who respect the Constitution. Who respect America. Who are military veterans and businesspeople that are willing to fight for you and your children and grandchildren, regardless of what state you live in. If you want us to have 50 such governors and you want one of them to be in a state that could be a beacon for America, I would be grateful if you would go to mattbevin.com.

PAT: There it is.

MATT: Mattbevin.com.

PAT: Mattbevin.com.

MATT: It's the place to contribute. I would be grateful.

GLENN: Yeah, yeah. Whatever. If you win, if you win, we watched the Kentucky Derby, and my wife said, we have to go to Kentucky Derby next year. And I said, we'll never get tickets. If you win, we'll buy them. We just need to get to the front of the line -- that's the only reason why we're supporting you.

MATT: I can't make any promises at this point.

Would Glenn make a better bounty hunter or a Jedi? You'll have to find out in a new episode of the Beltway Banthas Podcast, where Glenn goes deep on Star Wars with host Stephen Kent. In this 45 minute discussion, Stephen and Glenn explore the political themes of the Star Wars franchise, Darth Vader's redemption from Return of the Jedi, Glenn's earliest memories of seeing the films and even debate elements of the latest Star Wars films.

If you enjoy the pop culture and nerdy discussions that Glenn, Pat and Stu get into on the radio show, you'll love this! After you're through, you can also check out Stu Burguiere's appearance on Beltway Banthas to talk Star Wars. You can find that here.


It's never too early to start your Christmas, Hanukah, or Kwanzaa shopping. Or even birthday gift shopping. Especially if that special someone in your life is a Democrat. Because at last count, pretty much all the Democrats are now running for president. And that means there has never been a wider selection of official candidate merchandise to choose from. Whether you're into environmentalism, feminism, classism, socialism, or just plain love, there is a smorgasbord of classy items that you and yours will treasure forever... or at least until the next presidential election.

We have browsed each of the candidates' online stores, so you don't have to (it only took us three months). We have curated only the finest items from each of the Democrats running for president of the United States of America. Without further ado, here is your handy progressive gift guide – or maybe your what-not-to-gift guide.

First, the bargain basement options. Hurry! Time is running out to grab your Beto bandana, or your Delaney pack of golf balls, because at this point Stu has as much of a chance as these guys of getting the nomination.

Tom Steyer, for example – is he still in the race?


https://shop.tomsteyer.com/collections/frontpage/products/tom-2020-pattern-tee


There's way too much Tom here. That shirt's got more Toms than a Caucasian dentists' convention.

For the slightly more moderate Democrat in your life, perhaps they'd like to join the "Yang Gang"…

https://shop.yang2020.com/collections/bumper-stickers/products/yanggang-decal


Andrew Yang is a lock for Math Club president…


https://shop.yang2020.com/collections/apparel/products/math-hat


But for actual president? Well, I wouldn't make plans for how you're going to spend your $1,000-per-month Yang allowance just yet.

If you happen to be shopping for your dog, may I suggest this lovely "Dogs for Delaney" dog collar…


https://store.johndelaney.com/products/dogs-for-delaney-collar


John Delaney's definitely going to secure the canine vote with this kind of outreach. As for any human votes, that's another question entirely.

How 'bout this tastefully understated "Natural Canvas" Michael Bennet tote to remind you he's also still here?...


https://store.michaelbennet.com/michael-bennet-for-america-natural-canvas-tote/


Then again, it's a tote. So, it'll end up on the floor of your closet and you won't have it with you until that one random moment when you're out somewhere and you really need a tote bag. Just like Democrats will really wish they had a moderate when we're in the middle of the socialist nightmare of their creation.

Captain Planet himself, Jay Inslee recently dropped out of the race, but don't let that stop you from picking up what may be the greatest single item sold by anyone in this race…


https://store.jayinslee.com/elvis-the-elves-the-mystery-of-the-melting-snow-by-jay-inslee/


A children's book called Elvis & the Elves: the Mystery of the Melting Snow. Written and illustrated by Governor Jay Inslee. Talk about a whodunnit – how could that snow possibly be melting? Spoiler alert: it's because of evil, white, patriarchal capitalism. And Donald Trump.

Then there's the candidate who thinks you're a moron that can't pronounce his last name: Steve Bullock...


https://shop.stevebullock.com/collections/apparel/products/emoji-t-shirt


Get it? Bull. Lock. Oh, so that's how you say the name that sounds exactly how it's spelled.

There's another candidate who also thinks you need help pronouncing his last name…


https://store.peteforamerica.com/collections/apparel/products/boot-edge-edge-t-shirt


And he is definitely right about that. So, thank you, Pete "Boot Edge Edge." That helps.

Just outside the bargain bin section, but just barely, are candidates like Julian Castro and his "El Presidente" t-shirt…


https://store.julianforthefuture.com/julian-castro-loteria-card-white-tee/


When your last name's Castro, do you really want to go with a weird drawing of yourself as if you're a classic Latin American dictator on a postage stamp?

If you prefer a little "dark psychic forces" battling in your candidates, you'll love Marianne Williamson's "Turn Love Into a Political Force" rally sign…


https://store.marianne2020.com/collections/signs/products/love-rally-sign


"Turn Love Into a Political Force" would be an even better title for a Marianne Williamson album of 80s cover songs. And if you think I'm joking, then you haven't heard Bernie Sanders' classic 1987 folk album, We Shall Overcome. That's not a joke. Well, it is a joke, but it's also a very real thing.

Now, just a quick pause to consider the peculiar baby-wear that way too many candidates are selling…

…including Elizabeth Warren's trans-pride flag onesie. Let me get this straight – we can't force any gender on a child, because that's just cruel. But we can force a political advertisement on a baby? How do we know that baby is actually a Biden or Warren fan? The child may not even be a Democrat or a Socialist at all. That baby might self-identify as a Libertarian, or Republican, or even worse – a moderate Democrat.

Now to the premium items from the premium candidates. Elizabeth Warren – the candidate with the most honesty in her advertising…


https://shop.elizabethwarren.com/collections/apparel/products/impolite-arrogant-women-make-history-unisex-t-shirt

-AND-

https://shop.elizabethwarren.com/collections/drinkware/products/strong-american-unions-mug


Warren's merchandise reflects the woman herself – cold and humorless (watch her "This isn't funny" clip from the last debate here at the 4:27 mark). I'm sure she's really fun once you get to know her. Then again, maybe not.

Speaking of serious women, Kamala Harris wants to be president very badly for you, the people, as you can tell from her "For the People" poster…


https://store.kamalaharris.org/poster-for-the-people/


At $29.99 though, she's sure not charging "people's" prices. Of course, she might be having to pay royalties to a certain someone for riffing on their poster. Just saying.

For the race's number one socialist, there's a whole lot of capitalism going on in Bernie Sanders' campaign. He sells so many delightful items that it's hard to choose. But we did anyway. The most random item is this hundred-dollar, black, "Art of a Political Revolution – Artists for Bernie Sanders Coaches Jacket"…


https://store.berniesanders.com/collections/apparel/products/artists-for-bernie-coaches-jacket


Coaches across the land will be clamoring for this one. You know, since coaches are such a strong Bernie-socialist demographic.

If that's a little over your budget you might consider a "Feel the Bern" fanny pack, to help store all those government freebies you'll get from Bernie…


https://store.berniesanders.com/collections/apparel/products/feel-the-bern-fanny-pack


This is the only context in which you'll ever want to hear "feel the burn" and "fanny" in the same sentence.

And finally, from front-runner Joe Biden, we have this fine "Women's Fitted Biden Polo." Which is just about the best polo description ever…


https://store.joebiden.com/collections/apparel/products/biden-polo-womens-fit


It promises the kind of snug approach that Biden loves to provide women. Even when they don't ask.

This was one of the first homesteads in the area in the 1880's and was just begging to be brought back to its original glory — with a touch of modern. When we first purchased the property, it was full of old stuff without any running water, central heat or AC, so needless to say, we had a huge project ahead of us. It took some vision and a whole lot of trust, but the mess we started with seven years ago is now a place we hope the original owners would be proud of.

To restore something like this is really does take a village. It doesn't take much money to make it cozy inside, if like me you are willing to take time and gather things here and there from thrift shops and little antique shops in the middle of nowhere.

But finding the right craftsman is a different story.

Matt Jensen and his assistant Rob did this entire job from sketches I made. Because he built this in his off hours it took just over a year, but so worth the wait. It wasn't easy as it was 18"out of square. He had to build around that as the entire thing we felt would collapse. Matt just reinforced the structure and we love its imperfections.

Here are a few pictures of the process and the transformation from where we started to where we are now:

​How it was

It doesn't look like much yet, but just you wait and see!

By request a photo tour of the restored cabin. I start doing the interior design in earnest tomorrow after the show, but all of the construction guys are now done. So I mopped the floors, washed the sheets, some friends helped by washing the windows. And now the unofficial / official tour.

The Property

The views are absolutely stunning and completely peaceful.