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Glenn's Show Prep

Will Main Street Get a Tax-Free Holiday Next Year?

February 07, 2017
Staff

WRITER

Chris Martenson from PeakProsperity.com joined The Glenn Beck Program on Monday talk about what Glenn calls a "weird switching of musical chairs."

"The right is now convinced that everything is fine, and the left is now convinced we're on the precipice," Glenn said.

Martenson predicted another change given that the Federal Reserve is terrified of even the slightest market correction.

"We're still accumulating debt at more than twice the rate that the economy is growing," Martenson warned. "So to get around that math problem, they're going to have to give money to Main Street. And I'm talking like complete tax holiday next year. A check from the Federal Reserve. Something like that."

If that's the case, get your shopping lists ready to buy because hyperinflation will be just around the corner.

Listen to this segment from The Glenn Beck Program:

GLENN: All right. So Chris Martenson is here from peakprosperity.com. And we're talking a little bit about the economy and what is to come. And there is this weird switching of musical chairs, where the right is now convinced that everything is fine.

CHRIS: Uh-huh.

GLENN: And the left is now convinced we're on the precipice. And I'm happy to say that I haven't changed my position in two presidents.

CHRIS: Yeah.

GLENN: What was coming in 2006, that we felt coming, is still coming.

We propped it up. It's still coming, and it's going to be worse.

You said that there's two parts to this. There's the downside.

CHRIS: Uh-huh.

GLENN: Right? And, part two?

CHRIS: Well, economically, there's first the downside and then the Federal Reserve has to print more and more and more. They're going to keep trying the same thing over and over again. And it's not really going to work. I haven't changed my position over a couple of presidents either because there's deeper structural things that we need to attend to. And that's part two. That's the part of the story I'm actually excited about, is can we finally have the conversation to say, "Who do we want to be?" You know, where do we want to go as a country? And have that vision and really bring that forward.

GLENN: Okay. Before we get there, tell me -- they've printed all this money, and it went all to the Wall Street fat cats.

CHRIS: Right.

GLENN: I was just told by Wall Streeters, that this is not true, Glenn. They're not buying back their own stock. The fundamentals are sound. And I said, "You're starting to see the beginnings of inflation. There's no inflation on chicken. There is inflation in the stock market. That's inflation. That is inflated money. Funny money had by all the fat cats. They're dumping it in there. That's making the stock market go up, and everybody feels good."

CHRIS: Right.

GLENN: But the average person didn't get that money. Banks never lent that money. Go try to get a business loan.

Now you're saying that they're going to print again. Where are they going to give the money this time?

CHRIS: This time it's got to go to Main Street. They've tried giving all this money to Wall Street. They'll keep doing that. The Federal Reserve and the other central banks are scared to death of even the most minor market correction. When the markets start to go down, even a little bit, they come out, and they use words. And I think they might even be using other means to drive the markets back up again. They're scared of that. But it hasn't really worked. When you look at overall economic growth, worldwide United States, it's not there.

GLENN: Right.

CHRIS: We're still accumulating debt at more than twice the rate that the economy is growing. Try doing that -- you know, your credit card is growing at twice as fast as your income. It doesn't work. It's a math problem.

So to get around that math problem, they're going to have to give money to Main Street. And I'm talking like complete tax holiday next year. A check from the Federal Reserve. Something like that.

GLENN: For everybody?

CHRIS: Everybody. They'll have to do something like that.

PAT: Yay!

GLENN: I mean, it would be hard to -- to be disappointed on a tax holiday.

PAT: Yeah, it would. A complete tax holiday. That would be really hard to say no to.

PAT: Yes, it would.

GLENN: And they expect us to just dump it into the system.

CHRIS: And I not only would expect people to do that, I would encourage them to do that. As soon as that tax holiday comes, run, don't walk. And make sure you know what your buy list is going to look like because that's when we're starting down to act two of the story, which is hyperinflation. All of that.

GLENN: Inflation. Hyperinflation.

Okay. Because when they start dumping -- you know, this is one of the guys who said, "Glenn, these corporations, you're going to get tax breaks. And these corporations are going to repatriot their money." I said, "That's $15 trillion repatrioted to the United States. Where is all that money going to go?" It's either going to go to the stock market, or they're going to start building factories and everything else. Then that's $15 trillion that is going to be seeping through the system. How do you not have inflation?

CHRIS: Uh-huh.

GLENN: And they said that wasn't a concern.

And I didn't understand the math on that one. But that's what the experts told me.

CHRIS: Now, look, everybody fights their last battle. So when we say inflation, people think about back to the '70s, where you had a wage-price spiral, right?

GLENN: No, I'm thinking '30s.

CHRIS: Or '30s. Right? But we're not having that world. So you're absolutely right in identifying, look, if you dump money into a market, you get inflation.

GLENN: But we are getting inflation.

CHRIS: We are.

GLENN: To the people who got the money. It's the stock market, right?

CHRIS: Look at the trophy properties in Manhattan and San Francisco and London.

Look at the price for rare gems. Fine art. Gulfstream Vs. All very hard to come by. Trophy Islands, right?

They dumped the money in to the fat cats, and they bid up everything they care about. Right?

All of those things I just mentioned, through the roof inflation. But people aren't recognizing that because we don't measure that when we look at the inflation measures. We measure chicken.

This next part of this story is they start pushing the money into the people, and that's where we get the other inflationary parts.

Now, the real question is, does the rest of the world say, "Yeah, I'll continue to hold US dollars under that circumstance?" So you have corporations rushing their money back.

Hey, but maybe the Bank of Iraq says we don't want dollars anymore. We don't like what you're doing. They start selling. China starts selling.

That's when you start getting the external inflation that comes back into this country. Because we've been great exporters. Fantastic. Of dollars. We've done a lot of that. And we're just kind of hoping that that won't stop. Like everybody will just continue to want to hold our dollars, forever and ever, no matter what. And that's an assumption that really needs to be tested.

GLENN: Well, preferably not in my lifetime. But it's going to be tested. It's going to be tested.

CHRIS: Uh-huh.

GLENN: You just said that coming to this realization has been the best thing in your life.

CHRIS: Uh-huh.

GLENN: Really? Because it always makes me really miserable.

CHRIS: Uh-huh.

GLENN: I mean, I look at it and I think, "Holy cow, I don't want to go through that."

JEFFY: Who cares? And what's the use?

GLENN: Yeah, what's the use? What am I going to do about it?

CHRIS: So, listen, there's a lot of things I can't control in this story. I can't control what the Federal Reserve is going to do about money printing. I have some ideas. I think I know what they're going to do. What can I do about that? Nothing.

I can, however, control my exposure to the dollar. So I have a lot of my assets out of the dollar. I have a lot of gold, a lot of silver, I own real estate. Tangible things. Because we've seen this story before, right?

In -- from 1918 to 1923, in Austria, they went through the Weimar hyperinflation. They write books about it. And they talk about it as if the great wealth destruction, the middle class was wiped out. And they still talk about it, oh, it's a wealth destruction. But not if you understand what wealth really is. Wealth is productive farmland, factories, hotels, the productive enterprises of the nation. Those didn't go away because they went through hyperinflation. But who owned them, that changed a lot.

So, yes, in this story, it's already happening. You know who the largest landlord in America is right now? The Federal Reserve.

JEFFY: The government. Yeah.

CHRIS: They own $1.75 trillion in mortgage-backed securities, which makes them the largest landlord in America.

Where did they get that 1.75 trillion to own more real estate than anybody else in this country? Well, they printed it out of thin air. We should be talking about that.

So this ownership is going to change a lot. So this is my advice to everybody is watch the trends, understand this is coming, and then own real assets.

GLENN: But doesn't that -- doesn't the ownership of more property in America, by the Federal Reserve, isn't that just now once again the rich getting richer?

I mean, this income -- what was it? Somebody last night was doing income redistribution for the Super Bowl. That's not the answer. But there is a problem here. And I don't know -- I don't know how to solve that. You do have the uber, uber fat cats. Not the guy who are living in the fancy houses in most -- in most towns. But the uber, uber billionaires that are up at the top of this banking problem and Wall Street problem. There's where they're sucking up all of the money.

CHRIS: Right.

GLENN: So how do we solve that without riots in the street?

CHRIS: But we're getting there already because they have -- that sucking sound is them sucking the economic oxygen out.

Let's look at, like -- rental prices in all the major cities have been going up at 8, 9, and 10 percent for the past five or six years.

And the reason for that is you have big, giant private equity companies. They get to borrow at 1 percent. So their rate of mortgage is a 1 percent mortgage. And they're competing against you or I, who might want to try and buy those apartments, who are not renting it, but our cost of capital is four, 4.5 percent on a mortgage. So they borrow at 1, unlimited. And then buy up all these things because they can make that number work at 1 percent. And for you, it's harder to make it work at 4 percent, right?

So they just have access to capital, and this is what Janet Yellen and the central bank of the United States, this is what they're defending.

This is what they're saying has had no economic harm, that they haven't been driving this wealth gap that exists in America. But it's happening structurally because we haven't been able to face it -- it doesn't exist.

GLENN: Right. We can't borrow the money that they can borrow.

CHRIS: Right. It's totally unfair playing field. It's shaped like this.

GLENN: So how do we fix that? How does that fix it, when they hold all the cards?

CHRIS: Well, this is a very big topic.

But in my mind, we have to first confront the problem, understand it for what it is, and I think this is almost a cultural piece. I think it's time to actually not say, "Oh, it's this big private equity company," but let's call out the CEO of that company. And let's make them understand that we have -- we're watching them. I mean, maybe public shame used to be a feature, right?

CEOs used to be ashamed to take more money than their workers back in the '50s and '60s. It was a thing that you wouldn't do that. Today, we've become shameless.

GLENN: See, I don't necessarily have a problem. You know, if you are the -- if you're the wealth creator -- like I'm the wealth creator here. Everybody is working for me. We all know key man insurance, I die, the company dies. So why should I -- why should I not make more than the people who work?

CHRIS: Well, let's separate people who actually are generating, creating value and people who are skimming. All right?

What I'm talking about, these people are just running skimming operations. They don't create anything. They're just running a skimming operation. I might pick on, for instance, in the Affordable Care Act, Obamacare, they went after everything. I'm getting killed by this, by the way.

GLENN: We all are.

CHRIS: Sixty-one and half percent increase this year, 25 percent last year.

PAT: Wow.

GLENN: Jeez. Holy cow.

CHRIS: Right? And that's dialing my way down through the bronze plans and all kinds of, like, deductible increases. All that.

GLENN: Right.

CHRIS: Where my anger, if not rage comes up, is when I open it up and discover that the CEO of Humana Health Care took home $66 million last year. 66 million. And that's just him. You look at the rest of the C-suite, they might have skimmed a billion dollars out of this. They weren't asked to contribute anything to this story, right? You would have to have over 4,500 families at my level paying into that system, just to pay that one person's salary. What did he actually do? He skimmed.

This is -- so there's a level, beyond which -- there's a tougher story we have to get to here, but that's just gone off the rails. It's -- you ever see that old game show where they put somebody in a plexiglass thing and dollars around them and trying to grab them as fast as they can?

I feel like that's the part of the story we're in. That's what it feels like. Everybody is just grabbing money as fast as they can because we all know that you can't print your way to prosperity. The money machine turns off at some point so you might as well grab as much as you can, while the fans are still growing and the money is swirling.

PAT: Isn't that -- that's market value though, right? I mean, if his company is willing to pay him $66 million, then pay him $66 million.

GLENN: Because who else is going to do it?

PAT: Right?

GLENN: They can make $65 million someplace else.

PAT: Isn't that the free market system? I'm not sure how you get around that.

GLENN: How do you solve that?

PAT: You can't make it equitable for everybody. It's never going to be. That's not capitalism. That's not communism. We can make it equitable if it's bad for everybody. But we can't make it equitably good for everybody.

GLENN: Yeah.

PAT: So the CEO of a major corporation is going to make a heck of a lot more than a worker with less education, with less skill.

GLENN: And I'm concerned because there are some --

PAT: Less work ethic.

GLENN: There are things -- some of these CEOs. You know, the banks really bother me. Because they know exactly what they're doing. They know exactly what's happening. They know the game that's being played. They know it's not going to work. And they're not warning anybody. They're out there, while they're taking tons of cash.

However, I hate to say CEOs. Because how do we know -- I mean, that just gets into the mob mentality of, get 'em.

CHRIS: Well, in this particular case, I'm talking about a highly regulated industry. So in my state -- and I live in Massachusetts.

PAT: There's your problem right there: Highly regulated. That's the problem.

CHRIS: I know. Well, it's regulated to the point that in my state, there's no competition allowed. Right? I can't buy certain levels of insurance because they've been lobbied out of my state.

PAT: Right. That's the problem.

GLENN: Correct.

PAT: But that's not the CEOs fault. That's the government's fault.

CHRIS: Well, no, the CEOs create this --

PAT: We need them out of it.

GLENN: I will tell you, I'm with both of you here. It is the government, Pat, but it is the CEOs.

What did Bill Gates just say his biggest problem was? His biggest problem was that he didn't feel -- at the time he created Microsoft, that they needed government. His deal was, I'm going to create what I create. You do your job. Leave me alone.

PAT: Uh-huh.

GLENN: Where Apple went and they partnered with the government.

CHRIS: Hmm.

GLENN: He said, "Microsoft is paying the price right now because they didn't feel they needed somebody to go in."

So you're kind of like the free market. If you have a fiduciary responsibility. I'm the CEO. I'm going to go -- if my business competitor is going the other direction and they're going to the government, my fiduciary responsibility, isn't it to go to the government as well? I mean, we just -- this whole system is broken.

PAT: But, again, that's government intervention. And it shouldn't be there. It shouldn't be there.

GLENN: Right. But how many people have the principles to be able to hold fast, especially when you have shareholders beating you down the door? I mean, I don't have the answer.

Here's how YOU can get access to Glenn's show prep from March 23, 2023

On Thursday's radio program, Glenn mentioned how important this week's stories are concerning the trajectory of our nation. From growing fears of bank collapses to the possible indictment of a U.S. President, the way these events unfold will have a seismic shift in the future of our country.

Glenn wants YOU to be informed with all of the news stories that are unfolding so that YOU can prepare for the future. Glenn considered his show prep from Thursday so important, he wanted all of his listeners to have it. That's why we're making Glenn's Morning Brief newsletter from March 23, 2023 available to you now. Scroll down to view all of the stories.

Glenn's Morning Brief newsletter contains all of the stories he reviews every morning before his radio show, even the stories he isn't able to get to while on-air. As Glenn said, having access to these stories is vital for you to be able to prepare for what comes next. That's why he has encouraged his audience to sign up for this newsletter so you can get access to ALL the stories that matter. Enter your email below to get Glenn's Morning Brief delivered to your inbox every morning.

Below is a copy of the stories featured in Glenn's Morning Brief newsletter sent March 23, 2023.

Domestic News...

FBI Informant Was Embedded In Jan. 6 Defense Team, Lawyers Allege
At least one Proud Boys member on trial over the Jan. 6 storming of the U.S. Capitol had a previously-concealed FBI informant set to appear as a witness in their case, a defense attorney said Wednesday.

Hunter Biden used FBI mole named ‘One-Eye’ to tip him off to China probes: tipster
The House Oversight Committee is investigating the claims by Dr. Gal Luft, a former Israel Defense Forces lieutenant colonel with deep intelligence ties in Washington and Beijing, who says he was arrested to stop him from revealing what he knows about the Biden family and FBI corruption.

Emails: VP Biden ‘Signed Off’ on Statement to Press About Hunter’s Burisma Position Despite Claims of No Involvement
Biden approved an official statement in December 2015 about Hunter Biden’s position on a Ukrainian energy company’s board despite claims he was not involved with the family’s business, emails obtained from the National Archives show.

Anarcho-tyranny in the USA
Law and order in the United States have now descended to a level of anarcho-tyranny in which the government funds rioters with the tax money of their victims.

The media desperately want to make maternity wards closing about abortion bans
It’s the perfect headline for the major media’s preferred narrative, and it’s mostly bogus. “So many doctors are being driven away by Idaho abortion ban that this hospital can’t deliver babies anymore,” one headline about Bonner General in Bonner County, Idaho, declared.

Democrat ran Milwaukee has a car theft epidemic
So their answer? To sue car makers for making their cars too easy to steal.

Lab-grown ‘GOOD Meat’ receives clearance from FDA
The lab-grown cultivated meat is made from animal cells that are provided nutrients, grown in steel vats, and then processed into various cuts of meat.

Virginia inmates use toothbrush to dig tunnel out of jail, head to IHOP
The prisoners were captured at the pancake joint’s location about seven miles away from the jail they escaped from hours earlier.

Politics...

Video: Joe Biden gets laughed at as he has another senior moment
"Jill, the First Lady...the first full-time lady...the First Lady who works full time in addition to being the First Lady."

Jean-Pierre refuses to comment on the Bidens receiving money from Chinese energy company
“And I don’t even know where to begin to even answer that question,” Jean-Pierre added. "Because, again, it’s been lies and lies and inaccuracy for the past couple of years and I’m just not going to get into it from here."

Babylon Bee: Democrats Vow To Arrest As Many Political Opponents As It Takes To Defeat Fascism
"Fascism is a clear and present danger in this country," began Senator Chuck Schumer, "and the only way to defeat it is with a corrupt, all-powerful police state that can imprison anyone who disagrees with us politically. If we don't do this, fascism will win."

Democrats’ Banana-Republic Persecution Of Donald Trump Must Meet A Republican Response
This is the equivalent of a nationally televised jaywalking arrest to humiliate a person due solely to personal hate.

Bill O'Reilly makes prediction that the Trump trial won't make it to a jury
O'Reilly said the reason he speculates this case won't go far is due to the statute of limitations in New York.

A Double Standard on Decorum in White House Briefing Room
The White House press corps is a microcosm of the national media. It is overwhelmingly liberal, stuffed with Joe Biden voters. So, it was downright weird when former press secretary Jen Psaki told the LA Times she sometimes thought, “I am an orderly in an insane asylum.”

Ted Cruz introduces bill blocking Fed from adopting central bank digital currency
Republicans cited privacy concerns as a reason for opposing a central bank digital currency for consumers.

Ted Cruz To Reintroduce Constitutional Amendment To Lock Supreme Court At Nine Justices
Cruz originally introduced the amendment in 2021.

Economy / ESG...

Fed hikes rates by a quarter percentage point, indicates increases are near an end
Along with its ninth hike since March 2022, the rate-setting Federal Open Market Committee noted that future increases are not assured and will depend largely on incoming data.

Janet Yellen Says Government Won’t Offer ‘Blanket Insurance’ Of Bank Deposits
“I have not considered or discussed anything having to do with blanket insurance or guarantees of deposits,” Yellen responded.

Elizabeth Warren Calls for Fed Chair Powell’s Ouster – He Is ‘Trying to Drive’ U.S. into Recession
"Well, what he’s trying to do is get two million people laid off. And one of the things that we need to understand, he wants to raise the unemployment rate by more than a point within a single 12-month period."

Coinbase: We asked the SEC for reasonable crypto rules for Americans. We got legal threats instead.
Today’s Wells notice does not provide a lot of information for us to respond to. The SEC staff told us they have identified potential violations of securities law, but little more.

Coinbase warned by SEC of potential securities charges
The notice is the second warning from the SEC to a crypto entity after a February notice to stablecoin issuer Paxos.

The IRS plans to tax some NFTs as collectibles
Collectibles carry a top long-term capital gains rate of 28%. Other assets like stocks and cryptocurrency generally carry a maximum 20% federal rate.

Job-listing company Indeed to lay off 2,200 employees
The company anticipates that job listings, which are the company’s bread-and-butter, will continue to decline in fiscal years 2023 and 2024.

WAR News...

A nuclear war with the US is more likely than ever, Russia warns
Russian Deputy Foreign Minister Sergei Ryabkov said on Wednesday that the risk of a nuclear clash was at its highest level in decades, warning that Moscow was in a "de-facto" open conflict with Washington over the war in Ukraine.

China, Russia turn up the heat on US after Xi, Putin meet in Moscow
US bio-military and nuclear activities raise ‘serious concerns’ about security of other nations, joint statement says.

Europe should detain Putin, give him to ICC if he visits, Blinken says
“Would you encourage our European allies to turn him over?” Republican Sen. Lindsey O. Graham of South Carolina asked Blinken during a budget hearing. “Anyone who is a party to the court and has obligations should fulfill their obligations,” Blinken said.

World Bank puts cost of rebuilding Ukraine at $411 billion
The report details some of the toll of Russia's war in Ukraine: at least 9,655 civilians confirmed dead, including 461 children; nearly 2 million homes damaged; more than one out of five public health institutions damaged; and 650 ambulances damaged or looted.

Chinese media: China supports UN-led Nord Stream investigation
Chinese experts stressed the importance of promoting the UN-led investigation into the Nord Stream sabotage while noting that launching such a probe under the existing UN mechanism could be very difficult because the US would obstruct or object to the investigation proposal.

Online Sleuths Untangle the Mystery of the Nord Stream Sabotage
Open source intelligence researchers are verifying and debunking opaque claims about who ruptured the gas pipelines in the Baltic Sea.

Russia is dusting off antique tanks from the 1940s, group says
It said that the images show T-54 tanks, which the Soviet Union started producing in 1947, moving west from the far east of Russia.

Ukrainian official accuses Putin of sending a body double to Mariupol
Conspiracy theories regarding Putin’s use of body doubles have persisted for years.

COVID-19...

Federal biosecurity board cut back meetings as US resumed gain-of-function research funding
A federal committee that advises the government on "biological research that has the potential for misuse" met only once between 2017, when a 3-year moratorium on federal funding of gain-of-function research was lifted, and 2022

Rand Paul confronts Moderna CEO about myocarditis risk from COVID vaccine
Then reveals what Moderna's president secretly told him.

Media...

For Five Straight Years, The Pulitzer Prizes Have Rewarded Misinformation
While the Pulitzer Prizes have always been little more than self-dealing masquerading as journalistic beauty pageant, it was a lot easier to believe in this manufactured prestige back when journalism was at least slightly more competent and concerned with the appearance of objectivity.

A huge new scandal rocks Fox News and Tucker Carlson
Part of a new lawsuit claims that Tucker Carlson's team plastered photos around the office of Nancy Pelosi in a bathing suit 'revealing her cleavage' because they thought it was funny because she looked bad.

DirecTV reaches deal to distribute Newsmax after dispute
Newsmax will again be available to DirecTV subscribers on Tuesday.

Canada...

Justin Trudeau: Online Disinformation Fuels ‘Flat-Earthers’ and ‘Anti-Vaxxers’
The internet also does things like allow people to easily find pictures of Trudeau in blackface.

Middle East...

Iran is preparing for the day after an Israeli strike, US should, too
Aware of Israel’s determination to stymie its nuclear ambitions, Iran has prepared for the day after such a strike. Just last month, details emerged that Tehran has been “mapping” Diaspora Jewish communities for future retaliatory assassination campaigns in case Israel were to execute such an attack.

Iran-Saudi deal shifts regional power - and the US emerges as a loser
The Iran-Saudi deal doesn’t necessarily signal a whole new ball game in the Middle East, however, there has been a shift in the balance of power among regional and global players, following the post-Ukraine era.

Environment...

Humanity has 'broken the water cycle,' UN chief warns
"We are draining humanity's lifeblood through vampiric overconsumption and unsustainable use, and evaporating it through global heating."

Climate protesters cut credit cards outside Chase, Citibank, Wells Fargo, Bank of America
Protesters gathered in DC, outside several major banks, where they cut up their credit cards and called for the institutions to stop spending money to promote the fossil fuel industry.

Chevy kills the gas powered Camaro
The Ford Mustang and Chevy Camaro have soldiered on as what could possibly represent the last two vehicles of their kind.

Dodge resurrects 'controversial' Challenger SRT Demon for final year of V8 muscle cars
Dodge says the new car will deliver 1,025 total horsepower, 945 foot-pounds of torque and reach 60 mph from a rolling start in 1.66 seconds.

Electric cars are creating a new economy — and leaving some towns behind
Workers and small businesses in Belvidere, Ill., are dealing with the aftermath of mass layoffs, after Stellantis idled its Jeep factory.

Museum highlights climate change with tilted paintings
The powerful display will feature 15 paintings hung at an angle to bring attention to the earth warming 1.5 degrees Celsius...

LGBTQIA2S+...

Leftist pundit draws outrage for saying she doesn't want to be referred to as 'person who menstruates'
Ana Kasparian wrote, "I'm a woman. Please don't ever refer to me as a person with a uterus, birthing person, or person who menstruates. How do people not realize how degrading this is? You can support the transgender community without doing this s---."

Education...

Just three in 4 support schools having parents' consent before changing kids gender identity, poll
Nearly the same percentage of voters also support legislation requiring schools to tell parents whether their child wants to change their gender identity – with 71% in favor of this requirement.

Newsom silent on LA schools strike after 500,000 kids forced to stay home for second day
LA labor union demands 'pause in educator evaluations during this unprecedented time'.

Striking Los Angeles school support staff earn $25,000 on average
School support staffers, such as bus drivers, cafeteria workers, and teacher aides, earn about $25,000 a year in Los Angeles, one of the most expensive cities in America.

Health...

Rising Rate of Drug Shortages Is Framed as a National Security Threat
A Senate homeland security committee examined growing health care shortages amid reports of rationing within hospitals.

CDC: Artificial Tears Products Linked to Drug-Resistant Infection
The CDC wrote that the strain, called VIM-GES-CRPA, had not previously been seen in the US but has now been identified in 68 patients across 16 states.

Religion...

Russell Brand ‘I Need God or I Cannot Cope in this World’
“Like many desperate people, I need spirituality,” Brand said. “I need God, or I cannot cope in this world. I need to believe in the best in people.”

Technology...

Dems Fear TikTok Ban Could Makes The Kids Mad
Democratic New York Rep. Jamaal Bowman, a progressive member of “The Squad,” is leading the party’s fight against banning TikTok.

Bill to prevent spying by smart fridges advances to Senate floor
The bill would give the FTC the power to force the designers of internet-connected devices to disclose whether recording hardware is installed into smart devices.

Science...

US politicians 'shown top-secret videos of UFOs flying close to aircraft'
An investigative reporter working in the field of UFOs has claimed that there is now "incontrovertible evidence" key Congressmen and women in the US government are being given "top-secret" briefings.

The First 3-D Printed Rocket Fails Shortly After Launch
Relativity Space, a private company with ambitions for sending people to Mars, made it off the launchpad, but the vehicle experienced problems during the second stage of its flight.

Big asteroid impacts may be more damaging than we thought - study
Massive asteroids that have impacted the Earth in the past million years may have had a far more devastating effect on the planet than previously realized, according to a new study.

Travel...

TSA chief: Eventually, biometrics won’t be optional
This article flew under the radar last week as they buried the lead in an article titled, 'TSA chief says biometrics and tech could lower the stress of traveling'.

FAA: Lithium Battery Incidents On Planes Now Happening More Than Once Per Week
Spirit Airlines flight from Dallas to Orlando was diverted to Jacksonville earlier this week after a lithium battery in a personal device caught fire in an overhead bin.

Sports...

Multiple NHL teams have opted out of 'Pride Night' jerseys, as resistance grows despite media pressure
Behind the scenes, multiple teams have decided that ditching the controversial theme altogether was a smarter move, either because of player refusal or to avoid a public relations black eye.

Why Bulls’ Patrick Beverley won’t have sex before games
“I want to have fresh [legs,] you know what I’m saying?"

Animals...

There’s a new invasive mosquito species in Florida
An invasive mosquito with a curved mouth and a striped body is the latest addition to a growing list of nonnative mosquito species bridging the gap between the tropics and Florida.

Chinese scientists grow antlers on mice in hopes of one day regenerating human limbs
Can you imagine how cute a miniature Christmas display would be if you had mice with antlers pulling a little Santa's sleigh?

New species of ‘giant’ spider discovered hiding underground in Australia, experts say
Hiding underground and only emerging at night, a creepy crawly creature in the woodlands of Australia remained undetected. Not anymore.

THE DOCUMENTS for 'The Big Distraction' Glenn TV special

The big news item of the week is Trump's potential indictment from New York District Attorney Alvin Bragg. According to our recent poll, most of you think that Trump's potential indictment is NOT about holding Trump accountable for a crime—most of you think it's a weaponization of our judicial system against the Left's number one enemy.

On Wednesday's episode of Glenn TV, Glenn dove into the details behind Trump's potential indictment and suggested even more nefarious intentions behind the indictment—to distract from the House Oversight Committee's bombshell memorandum revealing Biden's illicit business dealings with China.

Do your own homework

Glenn's email subscribers get EXCLUSIVE access to the research documents that went into this episode, from the details behind Trump's potential indictment to the inside scoop behind Biden's illicit business dealings with China. Not a subscriber yet? Enter your email below to get INSTANT ACCESS to this resource.

Watch the full special below (or watch on BlazeTV here):


How PREPARED is Glenn's audience? The results are IN!

Last week, Glenn published his updated "Preparedness Quiz" to see how prepared his audience is for a big crisis—and the results are in! Thankfully, not very many of you are "Toast." In fact, most of you could survive a big disaster, and even some of you could survive a nuclear apocalypse—not very many could say that!

If you haven't taken the quiz already, you can take it HERE, and be sure to download Glenn's "Ultimate Preparedness Guide" filled with practical tips on how to keep you and your family safe for a future crisis.


1.7% of Glenn's audience is TOAST! Thankfully, that's very few of you. 

There is little chance you'd survive repairing your kitchen table, not to mention enduring a massive economic crisis or natural disaster. With no money, food, or supplies stocked up, you will have to rely on the altruism of your more-prepared friends and family. But then again, if you can't even navigate to their house without your phone, you may still be TOAST.

13.8% of Glenn's audience could survive a little disaster. 

Congrats on having some of your finances set aside for emergencies... and some useful tools and skills tucked away in case of an emergency. You could potentially endure a "little disaster" of financial hardship. However, if you want to survive a massive financial crisis or natural disaster, you're going to have to start stockpiling some more money and supplies.

68.9% of Glenn's audience could survive a big disaster. 

Congrats on being more prepared than most! You have some investment in precious metals, an emergency fund, some food and supplies stockpiled, and maybe an extra generator. Even though you may not be a "prepper," you have taken steps to prepare for hard times, which will protect you and your loved ones for weeks... even months—which is way better than nothing!

14.7% of Glenn's audience could survive a nuclear apocalypse. 

Congratulations on being one of the few people in this world who could actually survive a nuclear apocalypse! Seriously... there are very few of you. Your bunker is stocked with food, water, and supplies to last you MONTHS. Your silver, gold, and emergency fund will help you cruise in times of financial distress. You can secure more goods because you have learned a bunch of "barter" skills. Congrats on being able to keep yourself and your loved ones safe!

THESE 19 states joined Desantis' alliance against ESG. Here are their 2 main goals.

On Monday, Biden exercised his veto powers for the first time to strike down a bill that would ban states from taking ESG into consideration when investing state pension funds. In his veto message, Biden said:

Retirement plan fiduciaries should be able to consider any factor that maximizes financial returns for retirees across the country. That's not controversial — that's common sense.

At the risk of using the loaded word "gaslit," it continues to be the operative word in describing the policies coming out of the Biden White House. It is painfully obvious that ESG itself inhibits investors from "maximizing financial returns." That was never ESG's goal in the first place. Yet Biden said the opposite.

ESG aims to incentivize investors to make "socially conscious" (a.k.a woke) investments, even if they are at odds with the greatest return on investment. It has enabled state governments and investment firms to use their monopoly over the investment space to force companies to choose between adopting their woke ESG standards and losing critical investment. Isn't there a word for that? Extortion? Or modern-day politics?

ESG enables state governments to force companies to choose between adopting their woke ESG standards and losing critical investment.

That is the sole reason why Republicans brought the bill to his desk in the first place: As Glenn said, "ESG poses a clear and present danger to the American way of life, the soul of our nation and every sector of our economy. ESG was never about ROI. It was always about pushing a leftist agenda.

And Biden knows this.

Why would he want to give up something that enables his political party and corporate elites to control and manipulate the political affiliations of their people? Who would want to give up that power? Biden certainly doesn't.

And he didn't.

Instead, he boldly asserts the exact opposite: that ESG itself "maximizes financial returns," relying on the divided American people to debate the policy into oblivion, while he gets exactly what he wants: the retention of power over the American consumer. Dare I say again that "gaslit" is the operative word here?

If one thing is clear, it is that we cannot rely on the federal government to act in the best interests of the American people. However, in this critical moment, the state governments are stepping up to do what the federal government refuses to: protecting the rights of the American consumer.

In a joint resolution led by Florida Governor Ron Desantis, 19 states have pledged “to protect individuals from the ESG movement" at the state level. This is critical.

We cannot rely on the federal government to act in the best interests of the American people.

Florida leads Alabama, Alaska, Arkansas, Georgia, Idaho, Iowa, Mississippi, Missouri, Montana, Nebraska, New Hampshire, North Dakota, Oklahoma, South Dakota, Tennessee, Utah, West Virginia and Wyoming in signing the historic policy agreement among all 19 states, pledging to ban ESG practices within their jurisdictions.

The anti-ESG alliance calls ESG what it is:

A direct threat to the American economy, individual economic freedom, and our way of life, putting investment decisions in the hands of the woke mob to bypass the ballot box and inject political ideology into investment decisions, corporate governance, and the everyday economy.

This alliance takes aim at two specific practices used by left-leaning states to force companies to adopt ESG-approved practices.

First, the alliance promises to protect "taxpayers from ESG influences across state systems."

While other states are using YOUR taxpayer dollars to fund pro-ESG corporations, these states pledge to BAN this practice to ensure "that only financial factors are considered to maximize the return on investment."

The chief factor behind any investment should be determining whether that investment yields the maximum return on their investment. However, many states are using YOUR taxpayer-funded pension and retirement funds to invest in ESG-approved businesses. This not only forces businesses to consider adopting ESG standards in hopes of obtaining investment. Moreover, states are using YOUR taxpayer dollars to fund them! Would you want your government to invest your hard-earned money for partisan purposes?

The anti-ESG alliance is taking the politics out of investment and putting consumer power back in the hands of the American people. These state governments pledged to make investment decisions based solely on maximizing the return on investment, not in using your taxpayer dollars to fund their political agendas.

Second, the alliance promises to protect "citizens from ESG influences in the financial sector."

ESG standards force businesses to consider the political leanings of their customer base. For example, Discover announced they will begin tracking its customers' gun-related purchases. One of the leaders behind this push is Amalgamated Bank, which boasts on their website that their institution "supports sustainable organizations, progressive causes, and social justice." Amalgamated Bank CEO Priscilla Sims Brown said:

We all have to do our part to stop gun violence and it sometimes starts with illegal purchases of guns and ammunition The new code will allow us to fully comply with our duty to report suspicious activity and illegal gun sales to authorities without blocking or impeding legal gun sales.

This virtue signaling at the cost of your privacy is earning both Discover and Amalgamated ESG brownie points.

There are countless stories of Americans, like YOU, getting locked out of their bank accounts, dropped as clients, tracked and targeted, all because their personal political beliefs don't align with big corporations' ESG goals. Their individual privacy and dignity as a consumer aren't worth the risk of lowering the company's ESG score.

That's why the anti-ESG alliance is pledging to protect the residents in their states from this corrupt ESG exploitation. The alliance promised to ban "so-called social Credit Scores' in banking and lending practices aimed to prevent citizens from obtaining financial services like loans, lines of credit, and bank accounts."

They also promised to stop "financial institutions from discriminating against customers for their religious, political, or social beliefs, such as owning a firearm, securing the border, or increasing our energy independence."

In short, they have targeted the political extortion hidden behind the virtuous ESG veil to protect citizens from being discriminated against based on political affiliation.

It's time to step up.

Biden may have struck down the effort to restore the freedom of the American consumer at the federal level. However, these states are taking it upon themselves to do what they ought: to ban practices that threaten the freedoms and privacy of their citizens.

If your state did not joining the anti-ESG alliance, it's time to demand that they step up and do their job to protect you and the rest of your fellow citizens from corrupt ESG practices. As Glenn said, "The conservative movement is best when it moves in unison." We must act and unison and push our states to protect our economic freedom and our way of life.