The #1 Journalist Targeted for Anti-Semitism on the Internet Talks With Glenn

Ben Shapiro holds many titles, awards and distinctions --- editor-in-chief, author, attorney --- but perhaps his latest is the most compelling. Shapiro was recently named the number one journalistic target of anti-Semitism on the internet.

"I was always of the opinion that the vast, you know, anti-Semitic left was a much bigger threat, with regard to anti-Semitism, than the right," Shapiro said. "Virtually all of the anti-Semitism I received this year was from the alt-right. You know, that came as a shock to me."

According to an Anti-Defamation League survey, about 20,000 anti-Semitic tweets were directed at American journalists since March of 2016. Eight thousand of those were at Shapiro.

Unswayed by the hatred, Shapiro remains as focused and committed as ever to conservative principles. His new book --- True Allegiance --- is available now for pre-order and at bookstores everywhere next week.

Read below or listen to the full segment for answers to these steadfast questions:

• What gives Ben hope in millennials?

• Why could Ben's new book be a history book very soon?

• What's Steve Bannon's scam?

• Does Trump even care about being president?

• What does Ben wake up every morning thinking about?

Listen to this segment from The Glenn Beck Program:

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

GLENN: Ben Shapiro. Welcome to the program, sir. How are you?

BEN: Hey, doing pretty well. How are you?

GLENN: Pretty good.

So we find out now that it is indeed a Jew, Ben Shapiro, that has been torching Donald Trump. They were right all along. They were right all along, Ben.

BEN: Yeah. If only they had known I was an international banker, this would have changed everything.

GLENN: That's right.

BEN: It is amazing how all of the people who foisted Donald Trump on us in the primaries are now insisting that anyone who says that Donald Trump was a bad candidate from the beginning is at fault here. If only we had jumped on the Trump train sooner, then he would be losing by presumably by six points, instead of by eight.

GLENN: Right.

BEN: Everybody is preparing for the post-election fallout. The people who timed themselves to this electrical fire, more than anybody else. They're already prepping Trump TV. And I look forward to the lineup, including, you know, some of our good friends who will presumably be appearing shortly.

I mean, Trump debuted Trump TV in the middle of the debate last night. And it's clear that's what this rigging talk is about, by the way. This whole routine is not designed to win any votes. No, independent voter across the country is going, "Well, you know, if Trump says it's rigged, that means I'm going to vote for that guy." This is just all about the coalition of the dispossessed. It's about creating a grievance culture where people think that the real reason Trump lost wasn't because he's the worst major candidate in presidential history. That the real reason he lost is because there are all these media people and evil pollsters and evil voting fraud gurus and the Never Trumpers who combine to stop him. And the only way that you're going to be able to fight back against those people is by paying 10.99 a month to watch Laura Ingram talk to Sean Hannity about the wonders of Donald Trump.

GLENN: So, Ben, how does this actually shape up at the end? Because he is not going away. As you said, during the debate two nights ago, he was debuting Trump TV. The BBC even tweeted that. Are we watching the beginning of Trump TV? It was clear that was the prototype broadcast of what was coming.

And he's not going away. And the reason why he hit Hillary as hard as he did was -- was not to expand his base, which he had to do. It was to make sure that his base was die-hard for him. They are going to say that it was rigged. They're going to blame it on the G.O.P. They're going to blame it on the media. They're going to blame it on people like you, people like me. And a good portion of those people are going to believe that from -- from now until the end of time.

BEN: Yeah, and that's a scam. That was Steve Bannon's scam, you know, when he moved over from Breitbart. I said it immediately. I'm admiring him. That Bannon is too smart not to have a backup plan. His backup plan is if Trump loses, they convert, you know, a million or 2 million of the big Trump fans into the a subscriber base for some sort of TV network. That was always the plan here.

I mean, Trump is not a great businessman. He's a great branding magnate. His brand is ruined internationally because of all the things he's done inside of this election cycle. But that doesn't mean he can't make a lot of money off of the die-hards. They're attempting to increase the number of die-hards here by suddenly narrowing all the Tea Party language that Trump despised at the time, but suddenly he's a Tea Partier, because they're trying to grab on to that audience, hold them tight, and then claim the real reason that people have moved away from him is not because he's not conservative enough, not because he has no values. The reason that people moved away from him is of course because he's just too tough and we're too wimpy to really take the fight to the enemy.

GLENN: So with -- with Steve Bannon who is -- and you worked for him for years, or worked with him for years. One of the more despicable men alive. Would you agree?

BEN: Yeah. I'm not a Steve Bannon fan.

GLENN: Yeah. Okay.

BEN: Yeah, he's a bad guy.

GLENN: Right. A really bad guy. He is -- he is -- he will use -- I don't know if he believes in the alt-right, but he is certainly willing to use the alt-right for fuel.

This is going to be a very bad chemistry lab experiment that that could blow the conservative movement sky-high. How do we navigate around this? How do we -- how do you expose what's coming and what they're going to be doing?

BEN: I mean, the only thing that we can do is, of course, tell the truth about what is going on. And this is sort of the final con in what has been a con of a campaign.

But beyond that, I think that we also have to make clear, some of the stuff that you've been saying, Glenn, I think has been useful in this respect. And I've been trying to say the same thing.

My hard feelings are not with the people who feel like they have to vote for Donald Trump in order to stop Hillary Clinton. I totally understand that logic.

GLENN: Correct. I do too.

BEN: You know, I wake up every morning trying to figure out for myself on a personal level, is that logic that predominates over other logic that suggests you can't vote for this guy.

GLENN: Hang on. Before you say anymore. Was there a time -- any time at all in the first ten minutes a couple of nights ago on the debate when you heard her talk about the Constitution, the Supreme Court, the Second Amendment, and abortion, that before he started talking, that you said, "I've -- I have to consider voting for Donald Trump. She is awful."

BEN: Yeah. Pretty much every time she opens her mouth, I have to consider voting for Trump. And I think that that's true for virtually everybody who considers themselves Never Trump.

GLENN: Correct. I agree. And I think that's why both of us -- all of us, we do not condemn anyone who is voting for Donald Trump. We get it -- we totally get it.

BEN: Right. Exactly.

GLENN: Unless you're part of the alt-right -- you know, when you had 16 candidates in front of you, I don't understand that.

BEN: Right. Even if you had 16 others in front of you, but you weren't following the news that closely, and all you saw was sort of the headlines that he's going to be a fighter.

GLENN: Yeah. I agree.

BEN: But somebody who backed him because you're sort of a nationalist/populist and you want that sort of constitutional conservatism that's always driven the Republican Party or has since the Reagan era, then that's the part that I don't understand.

I think that what you're seeing is sort of a preemptive strike from a lot of the Trumpkins, the Bannons of the world, saying, "Look, we know we're going to go down in flames here, but we have to make it seem as though people like Beck and Shapiro and people who aren't going to vote for Trump are sneering at you, like they're looking down their nose at you for voting Trump. I'm not looking down my nose at anybody. I've made a personal calculation. I've never said to anybody, "I'm encouraging you not to vote for Donald Trump."

I have said that, "Here's my -- you know, here's calculation, why I'm not voting for Donald Trump." I think that Washington takes the heart out of the Republican Party over the last year alone is good evidence that he's going to do much worse over the next eight years and pervert the Republican Party into the Steve Bannon alt-right, and that is something that I'm not going to stand around for. But, you know, that said, I understand the differing risk assessments that people have.

GLENN: Sure.

BEN: The civil war is entirely a creation of the Bannon/Trump brigade. They want the civil war. Neither you nor I want the civil war. We would like to see us come together and actually fight the left. Listen, the reason that I opposed Trump in the primaries because I thought he's an agent of the left. I still think that he's leftist in his heart.

GLENN: Yeah. I do too. You know, I don't think you meant that literally. But there are some -- and I think you could make a pretty strong case that Bill Clinton, you know, called him up a week before and was like, "Hey, Don, I know you're thinking about it. You should do it because, you know, it will be good for your brand. And you'll be able to have fun. And, you know, you'll be able to clean up those crazies on the right."

BEN: Look, I don't think Trump is the plan. But if he were, I'm not sure he would be acting much differently than he has been for the past few months.

GLENN: Correct. Correct.

BEN: I think he's -- I think Trump is an ad hoc guy who has never really thought about politics very much. What he does think is about (inaudible). He has no ties to the Constitution. He has no ties to conservatism. And so he's this sort of reactionary who doesn't like some of the stuff that he saw from Barack Obama. That's all.

GLENN: So let's just assume that the polls don't change -- because he didn't have a game-changing debate. And so let's say the polls are accurate, which is still an if. And Donald Trump loses. We know what he'll do. He'll start Trump TV. There will be an alt-right party that grows out of this. Let's talk about, how do we come together enough to stop Hillary Clinton? Because that's -- that's going to be the important part. And I will tell you, because some show hosts have said, "I will never come together with you. I will condemn you for you, you know, losing the vote for Donald Trump." So how do we get together and stand together as a bloc to block Hillary if she wins?

BEN: You know, I think that we're going to have to ignore the flames and arrows. Unfortunately, this capitulation -- there's a phrase in the Jewish prayers -- (cutting out) I let my soul (cutting out) -- I think there's going to be have to be some of that. (cutting out)

GLENN: Hang. Hang on. Ben, I don't know if you just walked into another room or something, but you broke up. Can you tell us -- we lost you at the -- at the Jewish prayer.

BEN: No.

Yeah. Can you hear me now? Is that better?

GLENN: Yes, yes.

BEN: Okay. So there's a part of the Jewish prayer service where it talks about, you know, let my soul be as dust to people who criticize me. And I think that we're going to have to adopt that, that idea. Because we're going to get hit with blame for Hillary, because everybody who selected Trump in the primaries and backed him so ardently, they have to shift the blame somewhere. We're just going to have to keep the focus. We're going to have to ignore it. We're just going to have to keep the focus, where it ought to be, which is on attacking the left, attacking Hillary Clinton.

And, look, I think that the recriminations are going to last longer than they did after 2012.

GLENN: Right.

BEN: It is amazing. I don't remember after 2012, the whole Republican -- a large swath of the Republican Party turning on the Trump people, who didn't show up for Romney. And saying, "It's your fault Romney wasn't elected." But the Trump people, some of them, are going to do it to us this time. But, you know, I think that -- people have short memories. And the only thing that's going to matter is, how do we stop Hillary's agenda? So alliances of conveniences to the Republican Party -- has shown are not foreign to the Republican Party or a lot of people who are in it.

STU: Ben, this is Stu, and it's very rare that we have award-winning journalists on the program. You have won the award for the number one journalistic target of anti-Semitism on the internet. Congratulations.

BEN: Thank you. I thank God. I thank my neighbor --

(laughter)

STU: Did you want to give -- I -- you have to look at this -- I mean, A, it must be just a nightmare to even sign on to Twitter or any of these places these days with this stuff going on. Not only were you the number one target of anti-Semitism. It was by a really, really large margin.

GLENN: I know what it's like, Ben, to sign on for me. The things that they say -- my wife blew a gasket the other day. I just got an email, and she said, you are never talking to another person in the press ever, ever again. I don't care what it is. I don't care what happens. You're never talking to another member of the press.

And I can't imagine what it's like to be you, with the anti-Semitism that is going on. How are you dealing with it?

BEN: You know, at a certain point, you start to tune it out because you have to. But on the day of your baby's birth and you're getting notes from, you know, people who write for Breitbart, you know, that are essentially racists. And then you get other notes from people that are -- just pictures of gas chambers and talk about cockroaches. And I hope the four of you die in a gas chamber. That kind of stuff. At a certain point, it moves from the mildly irritating to the actually upsetting.

I mean, I've received -- according to that ADL survey, there were something like 20,000 anti-Semitic tweets directed at American journalists since March. And I was the recipient of nearly 8,000 of those.

So, you know, at a certain point it's kind of amazing that there are that many people that think they're that important in their lives that they're going to do that. And my feeling has always been that if you're pissing off the mouth-breathing Jew hater, then you're doing something right.

So it didn't bother me on any moral level. But I will tell you that it's pretty clear that it's coordinated. I mean, there are certain spike points where people did it based on the news cycle. There were a couple of accounts that were taken off of Twitter. By the way, I'm not an advocate of taking people off Twitter for anti-Semitism. I retweet these people because I think it's important to expose them.

But there are a couple who were taken off of Twitter when Milo Yiannopoulos was booted off of Twitter, which I didn't advocate for. When that happened, the amount of anti-Semitism in my feed dropped by at least 50 percent.

So, you know, when people ask why are you concerned about the Breitbart/alt-right movement, why are you worried Trump, you know, being kind of confused with that, well, it's because the major players in that movement are a problem. I mean, they believe some pretty terrible things. And our fellow travelers (phonetic) are people who believe even worse things.

GLENN: Ben, I -- I have to tell you, we've been a fan of yours for a very long time. But this -- this last year has really shown people's colors. And I don't know if the -- the people who read you or listen to you on the radio understand the difficulty that you have put up. And anybody who has taken this stand. It's a very, very brave thing to do.

And we've been watching you for the last year. And we are -- we're really impressed. Really impressed. Can I switch topics? Go ahead.

BEN: Yeah, that's high praise come from you obviously. Because of the people who have taken a lot of hits in this election cycle, you're definitely number one on that list. So it's been brutal, and I'm just hoping that after this election cycle, we can move into a period where people actually go back to principle instead of sort of the tribal fight that they've wanted to engage in.

GLENN: Yeah. Can you hang for a minute. Because you also have started another project that I think is really interesting. And I'd love for you to share with the audience. Do you have time to stay?

BEN: Sure. That would be great.

GLENN: Okay. Great.

[break]

GLENN: Ben Shapiro is with us. Ben, you've written a novel. You want to tell us about it?

BEN: Sure. That would be great. The novel is called True Allegiance. And it sort of takes all of the political crises we're facing in the country and ratcheting them up by a factor of about 50 percent. And it talks about what the dissolution of the country would look like.

And the reason that I wrote it as fiction as opposed to writing a sort of nonfiction book as to what the future looks like, is mainly because -- and, Glenn, I know you've been a proponent of this for a long time, Andrew Breitbart, my mentor, or my former mentor, was promoting this as well, the idea that culture is upstream of politics.

And if you tell it in a story, what you can't necessarily say in nonfiction, you know, here's one possible future, here's how bad things are on everything from the border to government's encroachment on land rights to race relations in the inner city, then people are more likely to read it and take it seriously, oddly enough, than they are to take a non-fiction book about the same topic seriously. Plus, you end up with more readers.

Ayn Rand did more for capitalism probably than Milton Friedman did, just because there are so many more people who read Atlas Shrugged. So the idea was to take all of these crises, stack them up one on another, and say, "Okay. How close are we really to everything collapsing?" And I have to say, I wrote the thing maybe a year and a half ago I started writing it. I completed it probably a year ago. And since then, half of the stuff in the book came true. So it turns out that I thought it was all 30 years away, and it may only be about 15 years away, which is a little scary.

GLENN: I did -- I'll tell you, I did the same thing.

We published -- what was it? Eye of Moloch. I don't remember what it was. Oh, it was the NSA stuff. The Eye of Moloch was a novel that I wrote. And it was about the spying on American citizens and how the NSA was going to do this and everything else. And I wrote it. It took about a year and a half to write.

And we put it out. And the day it came out was the day that I think the WikiLeaks story broke. We were like, "Good heavens, man. This is supposed to be in the future." It's amazing.

BEN: Oh, yeah. It is incredible how the future has accelerated. I mean, all of the worst fictional things that I talk about in True Allegiance, again, a lot of them came true. I wrote about major race riots in an American city and the attempt by the race rioters to kind of mainstream their politics into the politics of the upper echelon of the city. And obviously that's now been happening in pretty much every major Democrat-controlled city in America.

GLENN: Hang on. Hang on. Hang on. I have to take a quick break. Come back and just tell us the things that are in the book. And what the solutions are, if there are any. I'd like to hear your version of what's coming in America. Next, Ben Shapiro.

[break]

GLENN: Ben Shapiro, the biggest target for anti-Semitism in America today. He's an amazingly brave man. And a -- a brilliant, brilliant mind. And I'm glad he's on our side because I'd hate him to see him use his power for evil. Ben Shapiro is with us. He has a new book -- is it out this week?

BEN: Yeah. It's coming out next week.

GLENN: Okay.

BEN: So you can preorder it now.

JEFFY: True Allegiance.

GLENN: True Allegiance. Tell me the scenarios that you put in the book that you thought were 30 years away.

BEN: So one I talk about at length is a major race riot breaking out in a major American city and the government, led by presidents of the United States, essentially pushing the notion that the -- that the government -- the local government should give into the race rioters and allow them to take leadership of the local government.

And obviously, we've seen things along those lines from the presidents of the United States. I talk about precipitous pullout from a country. In this case, Afghanistan, that leads to the rise of a major terrorist group that hooks up with Iran to start pursuing nuclear terrorism.

And, you know, it turned out, I had the wrong country. The precipitous pullout from Iraq is what caused the rise in ISIS. But the idea that precipitous pullout causing rise in a major terrorist group, I wrote that before the rise of ISIS.

I talked about the idea of raids across the southern border from Mexican drug cartels, causing tensions on the border such that the government of Texas has to start disobeying the federal government in attempts to enforce the border, causing serious conflict between the state of Texas and the president of the United States. Obviously, you can see that beginning to materialize now.

GLENN: Ben, this isn't 30 years in the future. This was Wednesday.

(laughter)

BEN: Exactly. That's why I have to tell it now because it will be history --

GLENN: Right. It's a history book very soon. So how do -- how do -- I mean, I don't want you to tell me the whole story. But is there a solution to these problems that you see? Are you in this novel, are you proposing solutions?

BEN: Well, there are some solutions. And I think the number one solution that I sort of propose is that everybody start relying on basic human decency, which I know sounds ridiculous. But that's what we've come down to in this country. Is, are we going to have a country founded on individual decency, or are we going to have a country founded on everybody taking advantage of the situation at hand?

But the book does -- you know, I don't want to give away the ending of the book. But I will say that not everything is resolved peachy keen. Because I'm not sure that everything is resolved so peachy keen easily. I think these are deep abiding conflicts. And I think things are going to get a lot worse before they get better. But people of principle are going to have to ban together because tough times are coming.

If we do that, then I think we're going to be able to rebuild from some pretty bad things that are about to happen. But I think that it may be -- I mean, not to be a pessimist. I think it's late to forestall some of the worst things that are already happening from taking further material effect.

GLENN: Ben, I was talking to a guy -- yesterday I was having a meeting. And a pretty famous commentator -- and he just stopped by the studios to say hi. And we were having a private conversation. And he said to me, "I no longer believe people are good." He said, "I used to." He said, "I used to believe" -- he said, "I've heard you a million times, you know, you put good against evil, side by side, and Americans will always pick good." He said, "I don't think so."

Do you?

BEN: I think that unless there's a serious revival of morality in the country, I agree with your friend. And I think, by the way, our Founders didn't believe that people were naturally good.

I think our Founders, they said in Federalist 51, they believe that people are capable of good. They're capable of evil. That's why you can't have a government that's overpowering because the people who run it could be evil. And the only way that you're actually going to protect liberty is with a decent citizenry.

Obviously, the Republican Party -- conservatives have done a very poor job of maintaining the culture, maintaining the educational system, maintaining the media. And a lot of these values have dripped down all the way into -- you know, what was shocking to me about this election was, is that I didn't realize how far a lot of this had dripped down into our own party.

GLENN: Yeah.

BEN: You always like to think of yourself as sort of you're on the side of the angels and people on your own team aren't part of the tribal problem. And then you look around and you realize, some of the people on your own team are not really on your team.

And that was -- that came as a rude awakening to me. You mentioned the anti-Semitism thing a little bit earlier. I was always of the opinion that the vast, you know, anti-Semitic left was a much bigger threat, with regard to anti-Semitism, than the right. I really had never -- I'm a guy who wears the Yamaka every day. I had never seen anti-Semitism from the right. Virtually all of the anti-Semitism I received this year was from the alt-right. You know, that came as a shock to me.

I think that we're going to need to re-inculcate values from the most basic level with our kids because people just don't know anything about, not only basic economics and basic politics, but basic decency. Because in the end, politics is just a reflection of values. When you have an entire generation of voters who are looking at Bernie Sanders as some sort of savior and socialism is a good, moral thing. And that's -- that's our fault. I mean, that's because we haven't done enough. Because my parents' generation hasn't done enough. I have to do a better job as a father in order to rectify the breach. And that's going to be a long process. That's not something that happens overnight. I don't think that we're one election away from restoring the country. I think we're one generation away from restoring the country. The idea that Reagan said, we're -- liberty is always one generation away from disappearing. You know, I think that liberty is always one generation from restoration, but it's going to be a hard generation (inaudible).

GLENN: How old are you, Ben?

BEN: I'm 32.

GLENN: So you're a millennial. How much faith do you have in the millennials?

BEN: I'm hoping for the millennials. I think the millennials are bored. I think the millennials don't pay a lot of attention to politics. I think they're dispossessed. They don't like all of the institutions. So there's not the same faith in the government and the same faith in the media that you see with the Boomers.

So there's an opening there. I think they're susceptible to basic reason, but they have to be -- they have to be pushed off the moral superiority they feel. And I speak at probably 30 colleges a year. And when I speak at these colleges, the first thing that I do is I immediately take the feelings question off the table, by basically saying, "You think you're a good person because you believe these things politically. Here's why what you believe politically is actually immoral and it hurts people."

And it's an argument who are young have never heard before. Because they've grown up in a millennia that's told them that the way to assure your ascent to political heaven is just by voting Democrat or by saying socialism is a great system of redistribution or by talking about white privilege.

When you say, look, the real way to be a good person is to actually be a good person. I agree with you. When young people are presented with the argument for good, then they will become more good. But if they're never presented with the argument for good and they're just told that politics is politics and everybody is corrupt and the whole system is rigged and nobody is good in the end and it's get yours at the table before somebody takes it away from you -- or (cuts out) the ultimate sacrifice that you can make is voting somebody else's money away, then you're going to go with the side that gives you a feeling of moral superiority. And failing to recognize that on the part of the right has been a mistake.

GLENN: Do you think that -- do you see when you're speaking out in universities, when you really start to teach some of these things, do you see the millennials at all get a little pissed that they've kind of been robbed by -- by people who have been teaching them garbage? Are they ticked at all?

BEN: Yeah, there's definitely a backlash that's building. I mean, I get probably somewhere between 50 to 100 emails every day. And all from millennials. People who are my age or younger. Who are excited that -- who have watched -- there are these videos on YouTube that have started to go viral, called Ben Shapiro thug life videos. Where somebody took like my kind of destroying somebody in the debate. Then they put sunglasses on me and an Obey hat on me.

It's really ridiculous stuff. But it's become very popular with young folks. And I get a lot of emails from young people saying, I was never even exposed to basic arguments or moral arguments. And if you speak dispassionately about what is good and true, then I think the young people resonate to that. It's actually one of the areas where I do have hope.

I speak on enough college campuses that I have hope for young people. I actually have less hope for some of the Baby Boomers than I do for people who are my own age and younger. I think a lot of the people, my own age and younger, are still malleable. They don't know a lot. They haven't been taught a lot. And when they're made aware of arguments they've never heard before, they're kind of shocked by it. They're actually vulnerable in that way because they're being blind-sided by the truth.

GLENN: Ben Shapiro. Always good to talk to you, sir. Thank you so much. And thanks for all your hard work and taking such a hard stand. Ben Shapiro, editor-in-chief of dailywire.com. Thank you so much, Ben.

BEN: Really appreciate it, Glenn.

Featured Image: Ben Shapiro on radio

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Editor's Note: Arizona House Bill HB2770 has since been shut down! AZ Rep. Rachel Jones tweeted that the AZ Freedom Caucus shut down the bill before it could reach the board. It is encouraging to see states stepping to protect the American people from getting one step closer to a Central Bank Digital Currency. Hopefully, Arizona will be a precedent for the other states!

On today's radio broadcast, Glenn warned about dangerous Central Bank Digital Currency (CBDC) language being smuggled into routine legislation in REPUBLICAN-led states. This is unacceptable, and as Glenn said, we can't let this legislation pass as it now stands.

The legislation being used to smuggle in this CBDC language is the Uniform Commercial Code (UCC), a routine piece of legislation passed on the state level that helps standardize commercial and business transactions. However, a new round of UCCs being deliberated RIGHT NOW amongst a swath of Republican-led states anticipate the use of "electronic money." In a public letter sent to the Republican states currently deliberating this legislation, the Pro-Family Legislative Network said this can only refer to the Central Bank Digital Currency (CBDC) under consideration and testing by the Federal Reserve. Biden's Executive Order 14067 issued in March of 2022 started the push for CBDC, and now these states, knowingly or unknowingly, are laying the legislative groundwork for making CBDC a reality.

There is absolutely no reason why Republican-led states should aid in laying the foundation for CBDC, yet 12 of them are deliberating it RIGHT NOW, with one UCC bill already on one GOP governor's desk! We have to act NOW to stop these UCCs in their tracks and demand our lawmakers amend the bills without the "electronic money" language.

If your state is listed below, contact your representative NOW to put an end to CBDC language.

1. North Dakota

North Dakota House Bill HB1082 passed BOTH chambers and is now sitting on Governor Burgum's desk. Burgun has 3 DAYS to veto this bill once it's placed on his desk—if not, it will pass automatically. If you are a North Dakota resident, it is absolutely CRUCIAL that you contact Governor Burgum's office NOW and demand that he veto this bill and re-introduce it without the "electronic money" language.

2. Arizona

Arizona House Bill HB2770 has been SHUT DOWN! See the above editor's note for more details.

Arizona House Bill HB2770 passed the House majority and minority caucuses. Arizona residents, contact your representative's office NOW so that they amend this bill without the "electronic money" language.

3. Arkansas

Arkansas House Bill HB1588 is in committee, and if passed, will head to the House floor. Though the bill is only in its beginning stages, it's important for Arkansas residents to stop this bill in its tracks and amend it without the "electronic money" language.

4. Missouri

Missouri House Bill HB1165 is also in its beginning stages in committee. That means it's important to contact your representative as soon as possible to amend it without the "electronic money" language.

5. Oklahoma

Oklahoma House Bill HB 2776 passed the House Committee and will go to a chamber vote soon. If passed, it will go to the Senate, then the governor's desk. If you are an Indiana resident, contact your representative's office NOW to amend the bill without the "electronic money" language.

6. Indiana

Indiana Senate Bill SB0486 passed the Senate and is headed to the House. Republicans control Indiana's executive office and BOTH chambers of the legislature. There is no excuse for this bill to pass. If you are an Indiana resident, it's vital you contact your representative NOW and demand they amend this bill without the "electronic money" language.

7. Kentucky

Kentucky Senate Bill SB64 passed the Senate and is now being deliberated in the House. If you live in Kentucky, contact your representative's office to amend the bill without the "electronic money" language.

8. Montana

Montana Senate Bill SB370 passed the Senate and was sent to the House on March 3rd. If you are a Montana resident, contact your representative's office NOW so that the bill doesn't without changing the "electronic money" language.

9. Nebraska

Nebraska's Legislative Bill LB94 passed committee and the first floor vote. As Nebraska only has one legislative chamber, this bill is dangerously close to passing the legislature and being sent to the governor's desk. If you are a Nebraska resident, contact your representative's office NOW and demand they amend the bill without the "electronic money" language.

10. New Hampshire

New Hampshire House Bill HB584 is currently in House committee deliberations and has not yet reached the House floor. If you are a New Hampshire resident, contact your representative's office NOW to amend the bill without the "electronic money" language.

11. Tennessee

Tennessee House Bill HB0640 didn't successfully pass the House. However, it was deferred to a Senate committee and has now taken the form of Senate Bill SB0479, which is now in committee. This bill is still alive, and it's important for you, Tennessee residents, to stop it before it reaches the floor! Contact your representative to amend the bill without the "electronic money" language.

12. Texas

Texas House Bill HB5011 was filed and is ready to be taken up by committee. Fellow Texans, let's not let this bill progress any further! Contact your representative and demand they amend the bill without the "electronic money" language.

6 things you NEED to know about the Silicon Valley Bank collapse

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Silicon Valley Bank's collapse is sparking traumatic memories of the 2008 financial crash. Should we be worried SVB is signaling a similar economic catastrophe, or is everyone overreacting to the media's hype? Glenn told his listeners to be "healthily terrified." This event is sure to have ripple effects throughout the economy, but the more you are informed about it, the more you can prepare. Here are 6 things you need to know about Silicon Valley Bank's crash—explained in simple words.

1. The short answer to what happened: SVB didn't have enough money to pay its depositors.

Remember the scene from It's a Wonderful Life when all of the residents make a run on George Bailey's bank demanding their money? Fortunately for them, their money was in the altruistic hands of George Bailey, who used his honeymoon savings to give the depositors the money they demanded.

Silicon Valley Bank's depositors weren't so lucky.

In short, the depositors made a run on Silicon Valley Bank, demanding the withdrawal of their money. But SVB simply didn't have the liquid money available to give their depositors, causing regulators to shut down the bank shortly afterward.

2. It all started with COVID...

Why didn't SVB have enough money for its depositors? To explain this, we have to go back to the pandemic era.

The pandemic saw a rapid decrease in spending and a massive increase in bank deposits. Due to the uncertainty of the future and lockdowns limiting ways to spend money on recreational activities, like restaurants, bars, and other outlets, many Americans stocked up money in their accounts. In fact, SVB's deposits doubled in 2021 alone, bringing in more money than they could lend out to their clients.

To make a return on their available cash, SVB wanted to invest it, as many banks do. Since they had reached their lending limit, they decided to invest it in U.S. Treasury Securities, which are the government's means of funding itself without using taxation (in a nutshell). These are considered "ultra-safe" investments because they are backed by the "full faith and credit of the federal government."

Unlike other forms of investments, investing in Treasuries means the government will do everything within its legal power to pay back the money used to fund itself. In other words, it is typically very safe... so what happened?

3. Then came the magic cocktail—record-high inflation and rising interest rates...

Interest rates ruined the typically "ultra-safe" investment. Due to 40-year record-high inflation, the Fed lifted rates eight times by a total of 4.25 percentage points in 2022, raising interest rates from 0.25 percent to 4.375 percent. This means the value of U.S. Treasuries investments plummeted rapidly. SVB reported that it lost $1.8 billion due to the decreased value of its Treasuries investments after a year of rising interest rates.

This raises the following question: why didn't SVB just weather the storm and wait for interest rates to decrease? There are two issues with this. The first is that, with so many of their assets held up in Treasuries investments, SVB still wouldn't have enough liquid assets to give their depositors during the bank run.

The second issue is that Treasuries investments have a ten-year limit. In 2021 during the Trump administration, interest rates were at an all-time low of 0.125 percent.

The record-fast increase of interest rates in 2022 caused very little chance for rates to go back down to their historic 2021 lows within ten years for banks to make their money back on their investments.

To avoid this, SVB planned to sell their investments at a loss and re-purchase Treasuries investments at the decreased value, giving them an extra ten years to bet on decreased interest rates in the future.

But people caught on to SVB's plan and didn't want to ride with the risk.

4. Account holders withdrew their money... FAST.

As aforementioned, SVP lost $1.8 billion when it sold its depleted Treasuries investments. While they were betting on being able to re-purchase the devalued securities, hoping that they would go up in value in the future with lowered interest rates, investors were worried about the risk.

Once they made the announcement of their $1.8 billion loss, their stocks began to drop, and venture capitalists warned the companies they invest in to pull out of SVB. This had a snowball effect, leading to a "bank run" of depositors demanding to withdraw their money from their SVB accounts.

This led to the perfect storm: SVB's investment losses coupled with the influx of withdrawals were so immense that regulators had to step in and shut the bank down to protect depositors. The government currently "running" SVB, for all practical purposes, is the Federal Deposit Insurance Corporation (FDIC). The FDIC closed SVB on Friday and reopened the bank on Monday, March 13th as the Deposit Insurance Bank of Santa Clara.

5. Some people may lose their money. 

Banks insure accounts with $250,000 or less with FDIC insurance. That means, in cases of bank failure, exactly like this one, the FDIC covers all accounts less than $250,000. The FDIC said SVB customers who had less than $250,000 in their accounts will have access to all of their money when the bank reopens. Since it reopened this week, they should have access to their funds.

However, many of SVB's depositors had more than $250,000 in their accounts—it is Silicon Valley after all. Therefore, their accounts were not covered by FDIC insurance. Will they get their money back? There is a chance that they will not.

It is unclear how much SVB currently has to cover uninsured deposits. It is likely not enough. The FDIC has issued a "Receiver's Certificate" to the uninsured account holders with the amount in their account that is not covered by FDIC insurance.

The FDIC said it will pay some of the uninsured deposits by next week by liquidating any additional assets held by SVB. However, if the liquidated assets are not enough, many of SVB's uninsured account holders could lose their money for good.

6. Is this 2008 all over again?

SVB's collapse was the largest bank failure since 2008, when Washington Mutual failed with $307 billion in assets. Its failure, along with the collapse of the Lehman Brother's investment bank, triggered the worst financial crisis since the Great Depression. Are we in danger of repeating 2008?

Some argue that we are not in danger of another economic catastrophe, simply because SVB holds less than 1 percent of the nation's assets. However, as Glenn warns, there is a danger of banks repeating the same mistakes as SVP.

SVP wasn't the only bank to use its surplus deposits to invest in U.S. Treasuries, which means that other banks are wrestling with the depleted value of their securities investments due to rising interest rates.

Bank of America, for example, lost $109 billion in their securities investments due to rising interest rates, the most among its peers—and Bank of America is no small fish in the ocean of assets.

Other major banks recorded other massive losses in their securities investments due to rising interest rates. JP Morgan Chase lost $36 billion, Wells Fargo lost $41 billion, Citigroup lost $25 billion, and Goldman Sachs lost $1 billion. If the little banks collapse, will they get the same effort and attention from the federal government as the "big guys?"

The critic may argue that these are still small values given the incredibly large amount of assets held in banks nationwide. However, this is missing the point. Major banks have majorly invested in securities since the pandemic-era skyrocketing rate of deposits. Now those investments are depleted in value.

They can either sell those investments at a loss, or they can wait and hope that they will recover over time. However, if those investments are no longer liquid, what happens when their depositors come knocking? Will they have enough liquid assets to cover a massive bank run? These are the lingering questions that our banks need to address.

As Glenn says, this will impact you—it is only a matter of time. What will you do to prepare?

Glenn just purchased the entire historical Roe v. Wade archive as a solemn reminder of our nation's past and the vital importance of honoring the sacredness of life. Since Roe was overturned in 2022, many states have been stepping up to protect both their unborn citizens AND the mothers carrying them.

Which states are doing the most to protect their most vulnerable? Here are the top 12 states with the strictest laws against abortion.

1. Alabama

​Alabama has some of the nation's most protective pro-life measures, banning all abortions in the case of life-threatening circumstances for the mother. That means abortion is banned at every ​stage of pregnancy. Health care providers found guilty of performing abortions face a class-A felony, the most serious charge besides Capitol Murder, with the potential of carrying a life sentence in prison. However, the pill, Plan B, is classified as "contraception" rather than abortion. Taxpayer-funded Medicaid does not cover abortion procedures except in very limited circumstances.

Alabama is one of the few states to add protections within its state constitution for the unborn. The state:

Acknowledges, declares, and affirms that it is the public policy of this state to recognize and support the sanctity of unborn life and the rights of unborn children, including the right to life.

2. Arkansas

Like Alabama, Arkansas bans abortion at every stage of pregnancy except in life-threatening situations for the mother. However, Plan B is still considered "contraception" and is legal. Taxpayer-funded Medicaid does not cover abortion procedures except in very limited circumstances. Additionally, Arkansas added the amendment to its state constitution, declaring:

The policy of Arkansas is to protect the life of every unborn child from conception until birth, to the extent permitted by the Federal Constitution.

3. Idaho

Idaho bans abortions at every stage of pregnancy with the exceptions of life-threatening situations to the mother and instances of rape and incest. The health care practitioner who gave an abortion must prove "affirmative defense," which means they have to prove in court why the abortion is necessary and meets the legal criteria. Patients approved for abortion must wait 24 hours after counseling to receive the procedure. Anyone who performs an abortion unless it's in one of the approved cases will face felony charges. Like Alabama and Arkansas, taxpayer-funded Medicaid does not cover abortion procedures.

Unlike Alabama and Arkansas, Idaho law does not include explicit constitutional or statutory protections for abortion.

4. Kentucky

Kentucky has also banned abortion at all stages of pregnancy except in life-threatening situations for the mother. There are no exceptions for rape or incest. However, abortion providers are fighting the all-out ban on abortion through appealing to the state's previous abortion ban after six weeks of pregnancy. The appeal is ongoing.

Though Kentucky voters voted down a proposal to add an amendment to the state constitution banning abortion, the state adopted the following policy towards abortion in 2018:

Children, whether born or unborn, are the greatest natural resource in the Commonwealth of Kentucky.

5. Louisiana

Louisiana also banned abortion at all stages of pregnancy with no exceptions for rape or incest. However there is an appeal to allow abortions in the case of rape and incest. Healthcare practitioners who violate this ban are subject to criminal prosecution. Moreover, Louisiana adopted an amendment in their state constitution—specifically, the Louisiana Declaration of Rights, banning the construction of any constitutional right to abortion:

To protect human life, nothing in present constitution shall be construed to secure or protect a right to abortion or require the funding of abortion.

6. Mississippi

Mississippi bans all abortions except to save the life of the mother or in cases of rape or incest that have been reported to law enforcement. Though Mississippi did not adopt a constitutional amendment to ban abortion as a right, the Mississippi Code says:

Abortion carries significant physical and psychological risks to the maternal patient, and these physical and psychological risks increase with gestational age.

Moreover, doctors who perform illegal abortions face civil and criminal charges.

7. Missouri

Missouri bans all abortions except in the case of a medical emergency concerning the mother, with no exceptions for rape or incest. Those seeking to get an abortion must prove "affirmative defense," which means they have to prove in court why the abortion is necessary and meets the legal criteria. Minors seeking an abortion through "affirmative defense" must do so with parental consent. Moreover, those seeking an abortion must be offered an ultrasound.

Moreover, Missouri adopted the following statute protecting the unborn:

It is the intention of the general assembly of the state of Missouri to: (1) [d]efend the right to life of all humans, born and unborn; (2) [d]eclare that the state and all of its political subdivisions are a ‘sanctuary of life’ that protects pregnant women and their unborn children; and (3) [r]egulate abortion to the full extent permitted by the Constitution of the United States, decisions of the United States Supreme Court, and federal statutes.

8. Oklahoma

Oklahoma was the first state to successfully ban all abortions after conception following the overturn of Roe v. Wade and continues to lead the way as one of the toughest states on abortion. Exceptions include life-saving procedures for the mother or pregnancies resulting from "rape, sexual assault, or incest." Those who perform legal abortions can be reported and prosecuted criminally under state law HB427 and be charged at least $10,000 per illegal abortion procedure. Violations also include insurance companies or private citizens caught funding abortions.

Though Oklahoma has not adopted a state constitutional amendment concerning abortion, its Public Health Code states that it cannot be “construed as creating or recognizing right to abortion."

9. South Dakota

South Dakota bans all abortions except in life-threatening cases for the mother. There are no exceptions for rape and incest. However, it is legal to travel out of state to get an abortion. There are no state constitutional provisions protecting against abortion.

10. Tennessee

Tennessee bans all abortions except in life-threatening cases for the mother. There is currently a movement in the Tennessee state legislature to enact exceptions for rape and incest. Like Idaho and Missouri, healthcare practitioners who gave an abortion must prove "affirmative defense," which means they have to prove in court why the abortion is necessary and meets the legal criteria. Those who provide abortions illegally can be criminally prosecuted.

Tennessee's state constitution was amended to supersede a 2000 Tennessee supreme court case, which held:

A woman’s right to terminate her pregnancy is a vital part of the right to privacy guaranteed by the Tennessee Constitution [and that] the right is inherent in the concept of ordered liberty embodied in our constitution and is therefore fundamental.

The new state constitutional amendment reads as follows:

Nothing in this Constitution secures or protects a right to abortion or requires the funding of an abortion.

11. Texas

Texas bans all abortions except in life-threatening cases concerning the mother. There is a movement in the Texas state legislature to provide exemptions for rape and incest.

Moreover, Texas received a lot of heat for its law not only criminalizing providing illegal abortions but enabled citizens to report illegal abortions. However, several cities in Texas are pushing back against the abortion ban. After Dobbs, Texas increased the penalties for performing an abortion up to life in prison, including a civil penalty of no less than $100,000 per abortion performed.

Attorney General Ken Paxton said the following:

Now that the Supreme Court has finally overturned Roe, I will do everything in my power to protect mothers, families, and unborn children, and to uphold the state laws duly enacted by the Texas Legislature.

The cities of Austin and San Antonio passed ordinances preventing city funds from being used to investigate the provision or receipt of abortion care.

12. West Virginia

West Virginia bans abortion at all stages of pregnancy, except in the case of a “nonmedically viable fetus”, ectopic pregnancy, or medical emergency. According to the West Virginia state legislature, "Nonmedically viable fetus" means:

A fetus that contains sufficient lethal fetal anomalies so as to render the fetus medically futile or incompatible with life outside the womb in the reasonable medical judgment of a reasonably prudent physician.

Victims of rape and incest can obtain abortions up to eight weeks after conception, but only if they report to law enforcement first.

In 2018, West Virginians voted to add the following language to the state constitution:

Nothing in this Constitution secures or protects a right to abortion or requires the funding of abortion.