WARNING: We are losing our youth to the progressive agenda

here is a serious problem in this country, and it’s only going to get worse and worse. Addressing it could alienate neighbors, friends, and family members. But at some point, you have to stand up and say enough is enough. This generation of young adults is critical to the future of America, but they are being lost to the progressive agenda. It’s essential that today's youth be rooted in the principles that founded this country, yet we are willing to ship them off to schools and universities that tear down the pillars of faith and distort and diminish American history. Will you stand?

Below is a rush transcript of this segment, it may contain errors:

Glenn: And I want to have a conversation with you about how I believe we're losing the youth in our country to the progressive agenda. No, beyond that. Beyond that. We're losing them to flat-out darkness. And we have to work together to save them.

I want to talk to you about something that I think is a serious problem and a serious problem that is going to get worse and worse. I think we're going to lose a lot of -- we're going to lose a lot of friends. And we're going to lose a lot of -- of our children. And we're going to lose them anywhere from high school to, you know, 30. And colleges will play a role. Schools will play a role. But our churches will also play a role. And it is because I think we're talking about things. We're trying to teach them. We're not doing. We have to do things. Our churches have to be involved and doing things. It's not enough just to meet in a building and talk for three hours or one hour or 20 minutes. It's not enough.

We have to be involved. We have to actively be engaged in the things that change the world. Actively be engaged in changing ourselves. Changing our families.

Too many of our kids are growing up and they're looking at us like we're hypocrites. And why? Why is that happening? Because times have changed. A, this is a different group. The millennials are different people. They're not like us. They're not like the generation that went before us, which is the checkbook generation.

This group of -- this generation that is coming up, these millennials, they want to change the world. They're as idealistic as we used to be. Except we played within the system. They didn't grow up with the system. Everything that they grew up with was a disruption to the systems that had been built by generations before.

They're the Napster generation. They're the Apple generation. They're the i Phone generation. They have disrupted from the beginning. So they're not looking for a system that is going to help them do it. They just want to do it. They'll do it themselves.

They'll gather together in their own groups, and they'll go. What do you mean you need -- you need permission to do this? You need permits to do what? You need to get the church council together. No, let's just do it.

Our kids are going to colleges, and our kids are being deprogrammed. They're being -- they're being brainwashed. University of Berkeley California -- and not all colleges are like this. But University of Berkeley California -- they are now saying that they have to ban phrases and ideas. Phrases like, I think the most qualified should get the job, is racist. And so they're banning that. Well, you ban not just words, but thoughts, the next thing you'll be banning is books. And the step after that is a bullet to the head. That's not hypobole.

That's historic fact. Pat and I were talking -- we both taught -- we both taught at school -- I mean, at church. And we both taught Sunday school. And we both taught the teenagers. Now we're seeing these teenagers go to college, and a few of them have been lost at college.

PAT: A college you would think is pretty darn safe too.

GLENN: Yeah. They're going to a college from their church, and at the college from their church, they're turning to atheists. How is that happening? How is that happening? There are real problems, and this is happening in all of our churches with all of our kids.

Now, I think there's two groups -- this, I believe, is the chosen generation. If you don't believe that, that's fine.

This is the chosen generation. I think this generation coming up is the most valiant, and they're going to be the ones that have to -- they'll be the ones that do it. The generation before mine screwed it up. My generation, beginning of my generation, we're the ones that now have to look at it and go, okay, jeez, how are we going to fix this? We're not going to be able to fix this. It will be the one coming up right now that will fix it. They'll fix it. But we still have to make sure that they're not listening to the generation that screwed it all up. They're listening to the ideas and the principles that are eternal that built us in the first place.

And those are very unpopular ideas. And they're going to become more so. And our churches will come under attack. Mark my words. I'm doing a roundtable today with constitutional experts and experts on the Supreme Court. We're going to talk about the Supreme Court rulings that still have to come out and the ramifications of those rulings. How are they going to affect our churches? I'm telling you right now, we will lose 50 percent of our membership in our churches.

And not because of some policy, but because there just won't -- they won't be willing to stand. And not against something, but for something. I'm not against gay marriage. I'm for right of conscience.

You can't tell me -- if I can't tell you who to love, that's fine. You can't tell me what my church must accept. It's a right of conscience. It's something that we all used to understand. You didn't go to war if you were Amish or if you were -- if you were some -- in a religion that preached against war. If you were a Quaker, you could not be drafted. Period.

If you were a Catholic, they didn't have that teaching. You cannot be forced to go against your conscience. And every American should understand that. That's a fundamental bedrock principle of being an American. What you choose to do is your choice.

You can't preach that I'm going to kill a bunch of people. You can't go out and kill a bunch of people. You can't do those things. But we have different ideas, and especially when it comes to religion, my religion is what -- is what motivates me. Some people, their religion, and I mean this sincerely, their religion is global warming.

They worship the planet as if it's God. Okay. I don't have a right to ban that. I don't have a right to tell them that they can't think that way. I can speak out against it, and they can speak out against my God. Okay.

Why don't we instead leave each other alone. Why don't we instead urge people to stand up for what they believe in. Why don't we instead urge people to have a reasonable debate, a real debate, not one with name-calling, but with actual facts.

One where both sides can go, wait a minute. Hang on just a second. I didn't know that fact. That might change my argument a bit.

Isn't that the way we're supposed to behave? Not banning ideas. Not banning phrases.

We're going to lose 50 percent of our congregants. And if we're not careful, we'll lose our children. If you don't go to bed at night -- I have a 9-year-old and a 10-year-old and two 20-somethings, and I will tell you, I go to bed every night, and I pray for them. I pray that they keep their feet on the right track. I know -- there are times that I break out in a cold sweat thinking about what my children are going to have to face in this life. And I don't mean destruction or anything else. I just mean life. It's not like I used to have to deal with.

The things that they have to deal with. The evil that is out there. God help us. And God help our children.

We can't do it alone. We have to stick together. We have to teach our kids the fundamental principles, but by living them.

Let me go to -- let me go to Travis in Wisconsin. Let's take some phone calls. Hello, Travis. You're on the Glenn Beck Program.

CALLER: Hi, Glenn. I'm a big fan. I really didn't care much about all of this politics and everything that's been going on in the world until I was right around the election when Barack Obama first came into office.

GLENN: Right.

CALLER: And began watching your television show and you talked about things like, they're distorting history. They're changing history. And all that stuff. I thought to myself at first, I thought, well, gosh, how can you change history? It's already happened. But when you talked about the reeducation and losing the youth and all of that, it makes perfect sense. I mean, I have a daughter, she's starting college this year. I've been involved in her education for years now, doing her homework with her, involved with what they're teaching her. She brought home assignments on global warming based on articles that were written in 1997. And they're teaching that stuff as though it's fact and it's truth. The other thing is, you know, the worst part of it all is college. She's starting college this year. And I'm going to stay involve with what they're teaching her.

GLENN: Good luck.

CALLER: Because true education and critical thinking is a threat to their ideology.

GLENN: Uh-huh.

CALLER: And that's what they're teaching in college, is the ideology of liberalism, socialism, Marxism, communism. These kids are being taught that they're smarter than everyone else because they have a college, quote, unquote, education. But a real education teaches critical thinking, weighing pros and cons before you make a decision. They're being indoctrinated into an ideology that, I mean, they -- they don't weigh pros and cons when they make decisions. They make their decisions based on the ideology and how it fits with the ideology that they've been instilled with.

Anyway, my girlfriend who's got a son who was raised going to church every Sunday, raised with conservative values. He spent $40,000 on a college education -- $45,000 on a college education. He's come out an atheist. He has -- he's come out a complete socialist liberal. And it's very difficult to talk to him because he doesn't even understand the principles that you're trying to talk to him about in contrast to what they've put in his head.

GLENN: I will tell you, Travis, thank you for your call. Is there anybody within the sound of my voice that if I said, hey, I'm going to destroy your kid. I'm going to undo everything that you have worked so hard to do. I'm going to undo it all. And I'm only going to charge you $45,000.

[laughter]

Would you pay that? We're looking at college at, what will they do for the kid?

PAT: Can I give you 50?

GLENN: You can give me 50. How about 75?

PAT: Okay. All right. That's even better.

GLENN: Okay. We're looking at college and what they'll do for your kids. Let's look at the actual results. What are they doing for your kids? What are the odds of them going in and being debt-free, of them going in and getting a great job because of that -- of that degree, and look at how they've done it. What they do is they bring you in, and they've taught the kids -- we have -- we have -- we've allowed them to learn that they're special. They're absolutely special.

PAT: Uh-huh.

GLENN: Okay. Now, at their most vulnerable point, when they move out away from mom and dad, and they're the most afraid and in a society that is pretty damn scary -- I don't know if I'll get a job. And I'll be in all this debt. What does the University say to them? You're so special. In fact, you're so special, you're smarter than mom and dad. You know things more than mom and dad. So when mom and dad have said, you have to buckle down. You have to learn these things. You have to learn these principles that we have -- they look at mom and dad, who are now no longer cool, they're looking at mom and dad who are sitting there and they're trapped in their dead-end life -- I don't want to live like mom and dad -- and they've gone to church with mom and dad, but that doesn't really affect mom and dad.

I see mom and dad breaking the principles that they talk about in church all the time. They're not really living it. They're not changing the world. They're not feeding the poor. They're not doing these things. You know what, this will feed the poor. These ideas, yeah, they're radical, but they will feed the poor, because I want to do something about it. And the way I can do it is I'm special. All I have to do is hold a sign up. All I have to do is create this new revolution. All I have to do is stand up for the things that have already destroyed us and gotten us into this debt because I'm special.

How much you willing to pay for that, mom and dad? $45,000 is not enough. I could find a place a little more expensive for you. Because what they're doing to your kids is absolutely fantastic. This is probably worth -- it's probably worth $100,000. $400,000 for four years. I mean, to really get it done right, you'll probably have to spend four years and 400 grand. It got to the point with my child, she wouldn't even talk to me on issues. We've always been able to talk about anything in my family. While she was at college, she wouldn't even talk to me. She would get so upset. She would be like, I can't even talk about it, dad. Can't talk -- where is this coming from? Hang on just a second. I've got the university on the phone. They want me to help them build a library. I can't wait to do that.

PAT: Which actually happened.

GLENN: It actually happened. After they had a rally against me at her university, they actually called to see if I could help them out --

PAT: So you were able to pay the 45, plus be disparaged, and have them hit you up for a big donation.

GLENN: I was lucky enough my daughter got a scholarship, so she paid for her own way. Congratulations. And I didn't have to pay -- I think maybe I paid a year.

PAT: So you just got disparaged, and they hit you up for extra cash on the side.

GLENN: Yes. Yes. And they gave me the opportunity to almost lose my daughter.

PAT: They indoctrinated her as well.

STU: So don't make us wait. How much did you give?

JEFFY: Thank you. How big is the library? How big is it?

GLENN: Oh, I gave them something quite large.

STU: I bet you did.

[laughter]

GLENN: I just -- I just want you to know, and I can't go into specifics here because humans are involved. People are involved. Friends are involved. But Pat and I have direct stories right now with kids who have been lost. And it breaks our heart. We don't even -- these are great, valiant kids. And it's not like -- you know, it's one thing to say, you know, I don't believe in mom and dad's church. I'm going to find another church. No, no, no. They no longer believe in God.

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Can you remember the economic crisis of 2008 and how you felt when the news broke that Lehman Brothers had collapsed? I have found an economic threat that everyone needs to be aware of, so you can prepare yourself in case we see another 2008 type collapse. I am going to present the evidence to you and I urge you to verify everything and to form your own opinion.

What is that threat?

It is a bank called Deutsche Bank. They are by far the most dominant bank in Germany which is the world's fourth-largest economy. In 2018 they had €2.08 Trillion worth of assets and the second-placed bank (DZ Bank) had €506 Billion worth of assets. To show you how dominant this bank is, they have more assets than the 2nd, 3rd, 4th, 5th and 6th sized banks combined.
When we review a business there are three key parts to analysis:

  • Market sentiment
  • Business numbers
  • Technical Analysis

Market Sentiment

Deutsche Bank has a long history of potential scandals including going all the way back to World War 2 and dealing in Nazi gold. Below are five recent stories which have increased the negative sentiment around Deutsche Bank.

  1. In 2007, they purchased a portfolio of loans worth $7.8 billion and purchased insurance from Warren Buffets Company. It was discovered they did not set aside enough capital to cover any potential losses. Over the course of the ten years, they lost $1.6 billion, and when they sold the loan they did not update their financial statements to include the big loss
  2. The Panama Papers are an ongoing investigation looking for many things including offshore tax havens. These investigations have resulted in several heads of state resigning including in Iceland and Pakistan. Last November, 170 police raided 6 different offices in Frankfurt looking for evidence of money laundering.
  3. Estonia is a small country in Eastern Europe. It has a population of 1.3 million people and a GDP of €26 billion. In January, it was discovered Deutsche Bank got involved with a Danish bank called Danke Bank and processed over $230 billion worth of cross country payments (including from Soviet Russia) through one bank in Estonia.
  4. There have been rumors of issues with Deutsche for a while now and one of the solutions put forth was a merger with a bank called CommerzBank. The leaders of both companies met and they even got support from politicians. In April, news broke that the merger talks had failed because over worries the risks and costs would be too great.
  5. Last week in France, Investment banking boss Garth Ritchie and others were arrested in France over illicit tax transactions.

Business Numbers

Deutsche Bank is already struggling as they are losing staff, losing market share, and bonuses are expected to be down at least 10% and further rounds of cost-cutting to come. Now imagine the impact if business costs start going up.

The banking industry works in a very simple way. They raise funds through large bonds at low-interest rates and then sell those funds to business and individuals thru products like loans and credit cards at a higher interest rate which results in a potential profit.

Earlier this year, Deutsche Bank tried raising money through several bonds. They paid 180bp (basis points) on a two-year bond and 230bp on a seven-year bond. Let me put this in context for you. There is a small bank in Spain called Caixabank which paid 225bp on a five-year bond and one of the larger banks in Spain, BBVA paid 130bp on a five-year bond.

  • How and why is a small bank in Spain getting a better deal on bonds than a huge bank in Germany?
  • Why is a large bank in Spain getting a bond 100bp cheaper than a German bank?
  • What does the market know that we do not?

Stock Price

Deutsche is also missing revenue projections which further hurt the business ability to survive and prosper. As you can imagine all of this news has a deep and lasting impact on its stock price which is in deep trouble. Before I share the stock price, I need to put this into the context of the market and the industry compared to the big economic crash of 2008. Below you will see a chart of some banking stocks from around the world with their peak price prior to the 2008 crash, the low of the 2008 recession and the price today:

As you can see from the above chart the banks in America have recovered from the 2008 recession by anywhere up 375% and JP Morgan has not only recovered its price in full but is constantly setting new high's. Ireland went bankrupt and had to be bailed out by the EU/IMF following the 2008 crash and even our national bank has more than doubled its price since 2008. The worst performing bank I could find was Societe Generale which has issues but is still hovering around its 2008 low price levels.

Now let's put that into the context of Deutsche Bank. Not only has the stock not rebounded but it is over 65% below its 2008 low at $6.75.

Technical Analysis

When you are dealing with the stock market, you also have people who study pricing through technical analysis. Experts look at things like FIB sequences, trend lines, and support levels. Support levels are a key metric for a stock failing because are looking to find where it will find support and potentially bounce higher.

We are very close to a key support level ($6.40) and if the price goes below this level, there is no saying exactly how low the price could go. At least one company expects Deutsche to fall below this support level, as several weeks ago UBS downgraded the stock to a sell order. This news was compounded last Friday when rating agency Fitch, downgraded their credit rating to BBB or two levels above JUNK status.

Other Information

I know you are likely reading this and thinking "this bank must have smart people in charge and surely they have a plan, right?" I am sure there is a plan and while they have kept their cards close to their chest, they have spoken in the past about the areas they foresee having growth for the company – they include business in Saudi Arabia, UAE, and Egypt. Do they strike you as countries which are stable and will offer steady and reliable growth? Do you have to think really hard to imagine how this could go potentially very wrong?

Questions

I believe there is at least a solid case Deutsche is in a LOT of trouble. So what are possible scenarios for the future? I will lay out the key questions below but I must stress that it's impossible to say for sure what exactly will happen. One of the key numbers to remember here is they have roughly €50 billion worth of derivatives.

  • How likely is it that the bank can turn things around and survive?
  • How likely is it the bank continues to run into trouble, its stock price fails and eventually fails?
  • If you think it is likely it will fail, the question becomes what will the fallout be? Who will be affected?
  • Will they be bailed out?
  • If so, by whom? The German government, ECB, IMF, the Federal Reserve?
  • What will the German government think? Some members recently spoke out saying they would block public money for the proposed merger? Will they block funds if it failed?
  • Will other banks be exposed and affected? Will they have to take losses?
  • Will those losses be spread around or will one or more bank be mainly affect?
  • Will this affect the sentiment of the banking sector and cause a panic?
  • If there are issues and it starts affecting the stock prices, what will be the impact on other industries?

Last Question

The last question revolves solely around the banks and the regulators? How secure are the other banks? We all hear about how banks are now put through "stress tests" but how much trust do you put in those results? How much trust do you have in the regulators?

I know this may make me sound like a conspiracy theorist to some but it's an honest question. The Fed is on public record saying they want to keep this economy strong as long as possible. If a bank did not perform strongly in a stress test or even barely failed one, do you think they would report it?

Can you imagine the pressure that body would come under to stay silent? Can you imagine the rhetoric they would face with questions like, "Are you really going to fail one bank? Do you know how many people will lose their jobs if you do that?" Am I saying this is happening? No, but can you really rule it out 100% as a possibility?

I urge you to ponder on these questions, do your own research and find YOUR answers.

Update: The most freaquently asked question I have received from this column / show is how much time do we have to prepare. This is an impossible question to answer, as it could fail tomorrow, next week or might be next year. However I want to provide you a potential date for your diary – July 24th. That is when Deutsche will release their next earnings report and if it comes in below expectations, it could cause a further drop in price casting more doubt over the future viability of the bank.

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Survey: Where do you stand on these conspiracy theories?

Thought Catalog / Unsplash

Have you seen this survey on the most-believed conspiracy theories in America?

It's no surprise the survey has been getting so much attention. The results are actually a pretty disturbing.

Infographic: Belief in Conspiracy Theories in the United States | Statista

I decided to put together a quick survey of my own, with slightly different wording.

Up-vote the ones you agree with and down-vote the ones you disagree with.

I believe Lee Harvey Oswald killed JFK alone. However, I would not be surprised to find out the government sealed evidence that others were involved.

If by "deep state" you mean long-time Washington power brokers who are used to calling the shots and now feel threatened by Donald Trump not listening to their advice or council — yes, I do believe that many people like that are working against him and his administration.

Whether alien bodies are in Area 51 or not, I do believe the government knows more about UFOs than they have told us.

I do not believe the U.S. government was involved in 9/11, but as we know, NSA advisor Sandy Berger was caught destroying documents from the national archives related to both Bush and Clinton. All U.S. administrations have been to close to the Saudis, and the Saudis were involved in 9/11 at some level.

I believe the climate is always changing — it's natural. I would be willing to accept that man MAY play a role in this. But I do not believe in the solutions currently being discussed, nor do I believe the intention of most political activists are pure.

Any talk of the Illuminati provides the true dangers to man's freedom — like very powerful NGOS and men like George Soros — a perfect cover.

The U.S. government has done some horrible experiments on people and land — I also suspect they will do more things in the future. But I do not believe in the systematic spraying of chemicals using chemtrails.

The moon landing was real, but I see a time coming when people will not be able to trust their eyes due to deep fakes.

What do you think?

Let me know in the comments section below.