Do Hollywood Elites Look Better in HD or 4K Ultra HD?

What could cause a tough and seasoned radio commentator to watch a bunch of Hollywood elites rubbing elbows, patting backs and sharing their politic views during acceptance speeches? One thing and one thing only: a new 4K Ultra HD TV.

"Now we find out the real reason why Pat watched the Golden Globes," Glenn said Monday on radio.

Pat Gray, co-host of The Glenn Beck Program, received a very nice TV from his wife for Christmas.

"Anything that's in 4K, I'm there. So when the Globes came on, I thought, Oh, look at that, it seems to be ultra HD 4K. But I lasted about 10 minutes," Pat said.

Luckily, that 10 minutes did not include Meryl Streep's diatribe on the persecution of Hollywood actors.

Listen to this segment from The Glenn Beck Program:

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

GLENN: Four millennials pick up this handicap kid and beat on him. I'm having a hard time with the CBS story because it doesn't sound like the same story that we all saw last week. We'll give that to you here in just a second. Also, did anybody watch the Golden Globes? I mean, I didn't. Did anybody turn them on. Believe it or not, Pat --

PAT: I tried to. I tried to watch for a minute.

GLENN: Why? Why?

PAT: I just wanted to see what movies were going to get awards.

GLENN: The ones you haven't seen.

PAT: Eh, it turns out that way. Pretty much.

GLENN: It turns out that way every time. And lo and behold, some of the speeches given --

PAT: Oh, agonizing.

GLENN: Of course. That's why we didn't watch it, Pat. We didn't watch it. We begin there, right now.

(music)

GLENN: Wow. Pat watched it. Now we find out the real reason why patched watched the Golden Globes. His wife gave him -- I mean --

PAT: A nice TV for Christmas.

GLENN: I don't know where this came from. She gave him a big 4K TV.

PAT: Uh-huh.

GLENN: And so you're just watching anything in 4K.

PAT: Anything that's in 4K, I'm there. So when the Globes came on, I thought, "Oh, look at that, it seems to be --

JEFFY: Oh, Jennifer Lawrence, 4K.

PAT: -- ultra HD 4K. But I lasted about ten minutes.

GLENN: Did they look different in 4K?

PAT: Yeah, you can see everything. It's like x-ray vision. You can see their underwear. It's amazing.

GLENN: No, seriously. No, seriously.

PAT: I mean, everything is so much clearer. It's just that much more vivid. You know how blurry regular TV, standard television looks now when you have HD?

GLENN: Yes, yes, yes.

PAT: It's the same from HD to 4K.

JEFFY: Tell us how -- tell us how blurry it is, Pat.

PAT: That dramatic?

PAT: It's pretty dramatic.

So it's really blurry. Yeah.

GLENN: So do they look better, worse, or about the same?

PAT: They look worse. They look better now than they did -- well, it depends on who you're looking at, obviously, like always. Like always.

JEFFY: Yeah.

STU: It's amazing though because I remember when HD came out. I remember thinking I was going to beat the system. And I don't care about the stupid HD. So what it looks a little bit better. Now I can save a lot of money on the standard definition ones. You can pay nothing for them. And thinking it was the smartest thing in the world. And it's amazing. It comes to the point that you have on your cable system 1,000 channels, 18 of them are in HD, and those are the only channels I would watch.

PAT: Only ones I watch.

STU: And when that transition happened -- now probably the same thing with 4K. I haven't even seen it yet. I haven't even seen the quality.

GLENN: I've seen it displayed. I haven't received an invite yet from Pat Gray.

PAT: You have an open invitation to come over any time.

GLENN: Yeah.

But it's dramatic. It's dramatic.

STU: Really? Because it just doesn't like --

GLENN: Yeah. But I'm not going to buy one until it's like $800. I've done that train before.

STU: Yes.

GLENN: I'm not being fooled again.

PAT: And the thing is, not that much is broadcast right now in 4K. So...

STU: Except the Golden Globes. You'll get the Oscars. You'll get the Super Bowl. A lot of the big events.

PAT: And some stuff on Netflix. Their new stuff is generally 4K.

STU: Really? Through the freaking internet?

PAT: I think The Crown is in 4K.

GLENN: Is it?

PAT: Yeah. And some of the other shows.

GLENN: So you might watch The Crown?

PAT: So I'm thinking about watching The Crown now.

GLENN: It's really good.

PAT: It won the Golden Globe last night. Right? It's highly acclaimed. I know that.

GLENN: So is there anything last night that we should know about?

STU: The big news is the Meryl Streep thing, I guess. The political --

PAT: Oh, jeez. This speech was agonizing. I mean, listen to this.

MERYL: So Hollywood is crawling with outsiders and foreigners. And if we kick them all out --

PAT: May I first say: There is no A in the word "foreigners." So can we just start there? Foreigners. It's not "foar." It's "for." Foreigners.

GLENN: Okay. All right.

MERYL: You'll have nothing to watch, but football and Mixed Martial Arts, which are not the arts.

GLENN: Whoa, whoa, whoa.

JEFFY: And a lot of people seriously disagreed with that.

PAT: Yeah.

GLENN: Whoa. I didn't know that. I had already called the Trump administration. I'm trying to be part of the National Endowment for the Arts. I was hoping we could give all of the money to the MMA. I thought that was it.

STU: And, by the way, I don't know if Meryl has seen this, but if she's seen the TV ratings, they already are only watching football.

JEFFY: Thank you.

STU: I don't know if you've noticed this, but like the top five of the top six shows every single week are the NFL.

PAT: No kidding. No kidding.

GLENN: And honestly, do you care that some of the best shows on television now are made in England or made in Vancouver, BC?

STU: No.

PAT: No.

GLENN: Do you care?

PAT: No.

STU: I don't care. And also I've noticed a few -- and, Pat, maybe you can back me up on this, a few people of color and foreigners in sports. Noticed a few of them.

PAT: Yes.

STU: Noticed a few of them.

JEFFY: What?

STU: It's weird. I've noticed in the NFL, it's not all white people. Not all white people. In fact -- and we still seem to love watching it. It's almost as if her point is completely inane. Completely --

GLENN: Almost. I've missed you, Stu. I've missed you.

STU: Okay. I missed you too.

PAT: And also, Trump didn't even say that. Trump's not talking about kicking out all foreigners.

STU: Trump is Hollywood. All he talks about is ratings.

JEFFY: Right.

PAT: Yeah.

STU: There's never been -- outside of Reagan probably, a president that was more closely aligned with Hollywood than Donald Trump.

JEFFY: Yeah.

GLENN: Next to Reagan.

STU: Right.

PAT: That's so agonizing.

GLENN: You brought it on yourself, brother.

PAT: I know. Well, that was the last straw for me. I turned the channel immediately. I couldn't take it.

I mean, she made me in love with Donald Trump. I wanted to go back in time and vote for him, not just once, but multiple times, just because I'm so sick of these people.

STU: And I will say --

PAT: It's agonizing.

STU: I 100 percent agree with Donald Trump on what he took today, which is a much more difficult stand than saying Meryl Streep's an idiot when she makes a political speech. That's an easy stance to take.

JEFFY: Which she is.

STU: The tough one and the true one is that Meryl Streep sucks as an actress.

JEFFY: Amen.

STU: Not as a speaker. Not as a political theorist. As an actress, she's terrible --

PAT: Never been more with you than I am right now.

STU: Thank you, Pat.

JEFFY: And she's so overrated.

STU: She stinks. She's overrated. Trump tweeted it today. I've been saying it on this show for how many freaking years.

GLENN: He did not say she's overrated.

PAT: Did he say she's overrated?

STU: She's the most overrated actress.

GLENN: Oh, my gosh. He says that about everybody.

STU: But he's right on this one. Give him credit when he's right. He's 100 percent right. She stinks. And history will hopefully correctly recognize that she's terrible. Terrible.

PAT: I mean, they made her out to be the queen last night.

STU: Of course, they always do. They just give her the awards before she even does the movies. But she's terrible. And it's finally -- we have a president that can recognize that. Because I don't even know, would Reagan have done it? I don't know if he'd have the guts.

GLENN: No. No.

STU: Luckily, Trump is out there with the guts to say Meryl Streep sucks, and --

JEFFY: Meryl Streep, one of the most overrated actresses in Hollywood. Doesn't know me, but attacked last night at the Golden Globes. She's a Hillary flunky who lost big.

(laughter)

PAT: I love that. You got to love --

GLENN: Why? Why?

STU: Hillary lost big. Because Meryl won the award. Right? Meryl didn't lose big in the particular award. But who cares. I'm 100 percent with him on this point, and I'm happy to celebrate it.

GLENN: They don't even -- they don't even -- they don't even recognize the rot in their own state. They don't even recognize --

PAT: Oh, no.

GLENN: Why are you not paying, you know, the people in California to do your food catering, to pick you up? Why do you have to fly to someplace else? Your house is in California. Why do you have to fly someplace else to do it?

Why is Duck Dynasty done in Louisiana? Do you even know how they found Duck Dynasty? You know how that came to be?

JEFFY: Yeah, from the tax incentives from the state.

GLENN: Tax incentives.

JEFFY: Which I believe they pulled out of.

GLENN: Louisiana said, "We're going to make this the most -- the easiest place to do movies and television. You film anything here, we're going to give you a huge tax break." Okay.

So they do.

The producers don't say, "Hey, there's these guys in Louisiana that are great."

JEFFY: Yeah.

GLENN: The producers say, "Go to Louisiana and find a story that might be a show."

STU: Yeah, and this has happened throughout history. Rocky was -- if I remember the story right -- was initially a New York story. You know, it's so associated with Philadelphia.

GLENN: Right.

STU: But it was kind of a New York story. It was supposed to be filmed large portions of it in New York. But because of unions, they went to Philadelphia.

GLENN: The unions were better in Philadelphia than --

STU: They found a more willing environment. And they had to -- a lot of it, they still had to -- like, one of the reasons they developed the Steadicam and used the Steadicam a lot for that was because -- by their telling at least because they basically had to run around and hide from people where they weren't supposed to be shooting the movie, which is kind of a funny thing.

GLENN: Really?

PAT: That's great.

STU: But these things do lead to innovations. And you see this. This is Hollywood at its most out of touch. And everyone was tweeting and Facebooking about how this is why Trump won because they see people like Meryl Streep with these attitudes and treating everyone out there, half the country, in this way.

And it's so annoying. Even when they don't like Donald Trump, they'll vote for him. Because they're just so sick of that.

GLENN: It's so elitist. It is this understanding that everyone in this room is right. Even though everyone in that room are not in lockstep. But they've silenced those people. So everyone in this room is right. And we're now being broadcast across the country, so now we're going to tell the little people --

JEFFY: Yeah.

GLENN: I mean, it is Norma Desmond: All you little people out there in the dark.

They just -- they believe we're stupid. And so there's no way we're ever going to listen to one of your points, while you're telling us we're stupid.

STU: I've got great examples of this too.

GLENN: Okay.

JEFFY: Well, we don't think you're stupid. Just watch football and MMA.

GLENN: And that's not the arts.

I mean, I think that was written as a funny line. But she delivered it, maybe because he's a bad actress --

STU: Yes!

GLENN: But she delivered it as a slam in everybody's face, like we don't know that's not art.

And now, this: Told you last week, threw my back out. And one of the reasons why is because I was away from my Casper mattress

PAT: Plus, you moved in your chair. You were in a chair, and you moved.

JEFFY: You moved. You've made another chair to sit in.

PAT: We tried to tell you -- we warned you, I don't know, how many times, don't move because you've got to be careful. Don't move. And you moved.

GLENN: I know this makes you guys feel good some way. I'm just not sure how it makes you feel good.

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At the time of this post, the bid was up to $4,700 — but we can do better than that. Please help us raise money for a good cause, you don't even have to display it anywhere in your home, you can just keep it in storage or something! If you want this priceless piece created by one of the most influential people in the world of art, place your bids here.

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.

Please support Jonathon's weekly podcast which is exclusive to the Blaze Media and available for FREE. He offers a unique perspective by promoting America's Founding Principles and brings every issue back to a set of core principles which are always based around the laws of nature. You can find links to his show by clicking here or by searching for Freedoms Disciple on your favorite audio platform.

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.